sandra: breaking news this morning. president of vonnegut sat to put another nail the coffin of the coal industry and really tough new regulations on coal-fired power plants. over clinton in the meantime gets ready to roll out a new ad campaign to boot her imagine either in new hampshire. republicans challenged for runner donald trump later this week on fox news. over in athens, the greek stock market reopens after more than a month of being close. greek strikes funding more than 20% of the open. we have an update. u.s. stock market futures under pressure ahead of the opening

bell. a little bit of sewing across the board coming off a winning week. good morning, everybody. i am dagen mcdowell in for sandra smith. i am joined by lauren simonetti and nicole petallides. welcome to "fbn:am," the latest breaking news and what to expect that they had. president obama cracking down on greenhouse gas to combat climate change. the president said to interstate cuts on american power plants flashing emissions of 32% by 203730% he proposed last year. administration releasing the video head of today's announcement. >> power plants are the biggest single source that contributes to climate change. until now there have been no amount of pollution as players can dump into the air. trade to more than a dozen statement: mr. expected to be hit the hardest by new regulations have argued pledge

to sue the environmental protection agency. "the wall street journal" reports the natural resources six acted to file for chapter 11 bankruptcy protection as early as today due to a sharp drop in core prices. greek stock selling off after trading resumed following the five-week shot down during the debt crisis. things like the mustang issues of the daily limit of 30% as the composite is plunging more than 20%. national bank of greece, the largest commercial bank down 30%. the daily limit in athens suspended in late june as part of capital control and process it and make withdraw to force the country out of your zone. the major trouble in puerto rico. the commonwealth defaulted on some of the deaths over the weekend. nicole petallides following that story right now. not an expected at the beginning. nicole: is long, difficult

situation. now we talk about the same types of things. austerity for puerto rico. they have tough payments and they're not making them. puerto rico managed and make a $169 million payment on friday but did not make another $58 million on payment over the weekend. the office of puerto rico's governor saying you just don't have the money. the governor says the commonwealth cannot pay roughly $72 billion that it does. efforts are underway to come up with a plan in order to restructure puerto rico's obligation and overhaul the economy, the crisis in the commonwealth could affect the united states as well. we talk about the hedge fund and according to morningstar more than half of american bond fund own puerto rico data. they have further payments due, talking about austerity, talking about wage and cutting benefits and the like to figure out how

to get the economy boosted once again and be able to have money to pay off the debt. dagen: in the meantime, mayor bill to bosnia and how those two are related i have no idea. starting the week with losses you've got the biggest loser there is a shanghai more than 1% over to europe let's check on how your european stock markets doing. a little bit of grain to start a new week. half of 1% gain on the dax in germany. showing a mixed picture at the moment taking up seven -- six or seven points right now with a winning month and i'm not going to give it away. the july jobs report out on friday has a preview of what's going on. lauren: starting today with car

sales for the much of july expected to top 17 million for the third federal thing suit easier credit, cheaper gas and pent-up demand. you've got to watch out for a couple things. people finance a marker of long-term loans are made to risky borrowers. on tuesday, disney reports its latest earnings on wednesday week at the trade gap for june. the strength of the u.s. dollar is that way. of course that hurts our exports. in the market closes, tesla expected to report a loss for its second quarter. investors watching to see if the model x suv faces yet another production delay. here's the jobs report. look for 222,000 jobs added last month. unemployment rate flat at 5.3%. obviously wages is a big problem in the length of the work week two. dagen: wages will be a hot topic in the first gop presidential debate days before that debate coming up on third day.

donald trump explaining why he tried to pay little attacks and the possible. >> i pay as little as possible. i fight like to pay as little as possible for two reasons. number one in the businessman and that's the way you do it. you put the money back in your company and employees and all of that. the other reason is i hate the way the government spends our taxes. trying to maintain from a new poll shows donald trump has surged into the national league. 19% of gop primary voters support mr. trump of 50% back scott walker, 14% like jeb bush. only the top 10 candidates calculated by an average of his last five holes in primetime. there you have it. 9:00 p.m. who's talking about food? ohio governor john k. sake trying to get the final spot speaking about the debate.

>> i would like to be there but it comes six months before the selection of a single delegate. what i have been focusing on is in the grassroots. we have to wait and see how the polls workout. as it relates to the polls and governor of ohio. i wasn't traveling around the country to make a name for myself. i was trying to take care of ohio. dagen: former texas governor rick perry wants to qualify for the debate but his campaign would continue either way. over clinton's campaign released in the first two television ads focus on her work on behalf of families and her relationship with her late mother. >> my mom's life than what she went through her big reasons by standing up for kids became such a big part of my life. they fight for their families who never gave up. that's when doing this.

dagen: that is personal for secretary clinton asgard iowa and new hampshire starting tomorrow two days before the gop debate. this also comes as vice president joe biden considers his own run for the white house. moving overseas, the obama administration authorizing using air power to defend a new u.s. backed by orson area if it is attacked. it is committed to finding a space, not deceptive regime. they have long played down direct confrontation with deceptive regime saying they would not turn their sights on u.s. backed forces. military experts say they cannot rule out the possibility. an intense manhunt underway after a police officer was shot and killed. authorities say the suspect was involved in an illegal drug deal and shot officer sean bolton

several times. the shooting happened saturday night when the officer stopped to investigate an illegally parked car. >> it is safe to say when you look at this individual, you're looking at a coward. we as a community must come together and remember all lives matter. not just black lies, not just white legs, but all lives matter. >> officer bolt was 33 years of age. 9000 firefighters battling more than 20 wildfires in california. officials call for several evacuations. many sparked by lightning. the largest is raging are the same for disco. at least 80 square miles so far more than 20 homes have been just right. coming up, severe weather ripping through the midwest. i'm not taking your latest weather forecast. the new york mets, sleep their way into first place.

we will have the highlights. shaking u.s. stock index futures and mixed picture right now. i doubt trying to better last month gain of three points. you are watching "fbn:am," your first look at morning markets and breaking news. ♪

tried until -- dagen: let's get you caught up in global markets. not much to smile about in a shut the markets are in the week with losses. shanghai shares falling as the survey showed weak factory committee. the shanghai composite losing more than 1%, hong kong, and% as well. europe is the next picture with gains in france and germany so far this monday in u.s. stock market futures are down at the

moment at the dallas that they share by the go, now downtown point. he commodities, oil and gold. oil in oil stocks led the dow lower on friday opposed to waiting weeks for the market. oil 4638 a barrel and see how currencies are trading the euro lower against the dollar. yield on the 10 year treasury costing 2.2%. extremely low yields on treasuries. turning to sports, the mets begin a national five to two last night to sweep the weekend series but in the team in a virtual tie atop the national league used. five pitches to the mets to start the third inning on three of them left. curtis renders incumbent tina murphy went deep accounting for all of their runs. in horse racing, american pharaoh back on the track as new

jersey yesterday that triple crown winner did not disappoint. >> its american pharaoh coming in the final round. he is home by himself. up on the outside, is about to take second. as it comes to the wire it is a rousing return for a living legend. american pharaoh of a3, he won by 20. trade to american pharaoh and his final race at the end of the sober before retiring. we may see him race again even before that. what an incredible story. we love that. coming up, many voters don't consider hillary clinton to be honest and trustworthy. the clinton campaign rolls out new ads. >> my mom's life and what she went through our big reasons by standing up for kids and families became such a big part

of my life. >> question is both ads help clinton regained footing amid word vice president joe biden may be getting into the race for the white house had bought the latest there. republican candidates gearing up for a busy week as they head to cleveland for the first debate. how will donald trump performed in his first debate ever. checking u.s. stock index futures with losses across the board. at mile 12-point loss on the dow. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ when i got out of the hospital

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dagen: breaking news this morning. president obama getting fed to put another nail in the coffin of the coal industry, and failing tough regulations on coal-fired power plants. hillary clinton ready to rollout a new ad campaign in an attempt to boost her image in iowa and new hampshire. republicans during a key challenge for runner donald trump of theampshire. republicans during a key challenge for runner donald trump of the first gop presidential debate this week. and athens, the greek stock market reopened after being closed more than a month. greek stocks plummeting more than 20%. with an update. u.s. stock market futures lower at the moment than 11 points ahead of the opening bell. good morning, everybody. happy august. i am dagen mcdowell in for sandra smith. i am joined by lauren simonetti entry and live. welcome to "fbn:am," the latest breaking news on what to expect in your day ahead.

president obama cracking down on greenhouse gases to combat climate change. the president to order steep cuts on american power plants/animation is 32% by 2030 extended to the 30% he proposed last year. the president releasing a video ahead of today's announced today. >> power plants are the single biggest source of harmful carbon pollution that contributes to climate change. until now, no federal limits to the amount of debt pollution most can dump into the air. think about that. dagen: a dozen states in the coal industry expected to be hardest hit by these new regulations have pledged to sue the environmental protection agency. separately, "the wall street journal" reported the national resources if it did to file chapter 11 bankruptcy protection as early as today due to the sharp drop in core prices. speaking of jobs, look out below. greek stock selling off after trading resumed today following

a five-week shut down during the country's debt crisis. banks with the most active issues down the daily limit is 30% if the asp composite plunges more than 20%. national bank of greece, the country's largest commercial bank legend 30%. trading in not been suspended in late june as part of capital controls and post capital controls imposed december for the viewer withdraws threatening to force the country out of the euro zone. trouble in puerto rico talking about the debt problem closer to home. iowa commonwealth defaulted on debt over the weekend. following what seems to be the beginning of a long saga. >> they will have to prioritize payments. they are looking for a haircut. puerto rico did manage a $1690 debt payment of writing but did not make another $50 million bond payment. they often support a week as governor reportedly saying they don't have the money.

the governor said the commonwealth cannot pay the $72 billion it owes. efforts underway to come up with a plan to restructure puerto rico's obligation, overhauled the economy. the crisis could affect u.s. investors is according to morningstar, half of american bond funds on puerto rican guy. thoughts as ms. adam shapiro group boarded by from san juan for he will be there throughout the day giving us updates and the like and they are trying to implement those. sales tax from electricity tax, wages, benefits. these are all things that come front and center. dagen: people who cannot find it a puerto rico. nicole: we did have peter hayes come out saying this is a weakening for investors because they've seen so many hedge funds and mutual funds invest in puerto rican debt. dagen: risk of reaching for

income. a busy week for economic news. the most important part of the month comes out on friday. lauren simonetti has the report. transfer to the auto sales for july expected to top 17 million for the third month in a row credit made easy credit, cheaper gas prices and what to watch out for is financed and over longer long and loves being made to risky borrowers. tuesday disney opens the book for latest quarter reporter earnings of the trade gap for june for $43 billion as strength of the u.s. dollar hurts american exports. after the market closes wednesday, tesla reports of latest quarter expect it to post a loss here. watching to see if the model x suv faces another production delay. the big report on friday as the july jobs report of the command expectation of 222,000 jobs added.

the numbers look great. under that here watching wages. the second quarter we saw the slowest wage growth we've ever seen a sickly going back to 1982. dagen: the saddest looking at all of that as well. the kidnap more growth in the labor markets that they can read this rate. the mentors are not republican candidates have to build a plan on what they plan to do about all that. we'll see how they do. asian markets starting this week with losses. shanghai fallen as the survey showed week that reactivity and china shanghai composite losing 1% in the hong kong market down nearly the same. in europe they mix picture with the losers they are being england. france and germany each knocking at the moment i'm losses across the board of the united states. a winning week and month the dow are shunning 17 points. fiat chrysler recalling more

than 320,000 cars against airbags can inflate if you slam the door too hard. it covers certain dodge chargers certain dodge charger smith 2011 and 242 model years. owners notified when they bring their cars in for repairs. this comes after more than 840,000 dodge pickup trucks were recalled for the same problem last month. expect more recalls because of the penalty from the government on fiat chrysler about the slow recalls and repair vehicles. you will see lot more of them coming. severe weather same in in the midwestern and may be heading our way. let's go to fox meteorologist maria molina who has the details. reporter: good morning, dagan. a lot of severe weather across parts of the midwest and great lakes region great lakes region over the weekend storm system is on the move and forecast

potential for severe storms from new england to the ohio river valley and further west into parts of the plant. that looking at the risk or large hail and even the threat for isolated tornadoes. more forecast along the east coast and parts of the planes. otherwise parts of central florida the big story the last couple days has been the ongoing flooding threat across the central parts of the state and the forecast is for more rain in the area. currently temperatures on the warm side early this morning across texas and forecast to get hotter temperatures with the troubled digits this afternoon. dagen: maria molina, meteorologist at fox. the stock market opens after five weeks of no training stock prices plunge their peer group will have the latest. customers of the honest

sunscreen getting burned, literally. more on that story and checking u.s. top features you have losses across the board. the biggest loser there is the nasdaq down almost 0.2%. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ . you're like the poster child for paying on time. and then one day you tap the bumper of a station wagon. no big deal... until your insurance company jacks up your rates. you freak out. what good is having insurance if you get punished for using it? hey insurance companies, news flash. nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. see car insurance in a whole new light. liberty mutual insurance. to breathe with copd?ow hard it can be it can feel like this.

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dagen: let's get you caught up on global markets. asian markets the picture not pretty to start this week paid shanghai listing more than 1% after a survey showed week factory activity in china. shanghai composite down 1.1%, hong kong was in the same amount. next extreme europe would gain in france and germany. united states stock market futures looking weak in the knees down 17 points on the dow across the board. jessica alba feeling the heat this morning. lauren has good stories on sunscreen. lauren: jessica alba has a hugely popular company called honest under fire because customers complaining her spf 30 sunscreen (-left-paren burned. the product is broad-spectrum mineral-based protection. guess what it also has very low levels of zinc which make for

the perfect day. you are looking at pictures of a burnt back, head and chest from users complaining of social media the product (-left-paren burned. at a company valued at a billion dollars, this is what could really get them. dagen: it seems to be the lower level of zinc oxide. >> "usa today" wrote the product they required to have 25% of zinc oxide and an investigation found the company dropped a percentage from 20% to just over 9%. nobody wants a sunburn. this is an easy open and close case. figure this out in a second configure it how to change it and make a right. >> in general you might use less zinc oxide because you think it's help the air. i like our talking about this. transfer the company needs to answer people complaining.

if you e-mail them they will send a response that they are not taking abroad pr campaign to come out and say we are sorry we made christmas date or stand up for the product. dagen: what did they say it right? the power of social media. post a photo. polls show many voters don't consider hillary clinton to be honest and trustworthy. knew as. >> by mom's life and what she went through her big reason by standing up for kids and families became such a big part of my life. >> the warm and fuzzy ads, the question is how clinton regained her footing amid word vice president joe biden might be getting into the race for the white house. the latest there. republican candidates gearing up for a busy week as they had the cleveland for the first debate. the wild card, hello donald trump performing his first

debate ever. u.s. stock feature losses across the board are mild as you start this monday morning. you are watching "fbn:am," your first look at morning markets and breaking news. ♪

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tree into breaking news this morning. president obama gets ready to put another nail in the coffin of the coal industry. unveiling tough new regulations on coal-fired power plants. hillary clinton gets ready to rollout a new ad campaign in an attempt to boost your image in iowa and new hampshire. republicans during the two challenge donald trump in the first gop presidential debate this week. over two happens the greek stock market reopening after more than a month of being close.

break stocks plunging more than 20% at the open. we have an update. and we've got selling across the board in the united states. dow, s&p and nasdaq headed north to start a new week. good morning, everybody. i am dagen mcdowell and for lauren smith. i am joined by trent dickson nicole petallides. welcome to "fbn:am," the latest breaking news on what to expect your day ahead. president obama cracking down on greenhouse gas emissions to combat climate change. the president said two border state cuts on american power plants lashing emissions 32% by 2030 with a 30% cut he proposed last year. the administration releasing a video ahead of today's announced that era >> power plants are the single biggest source of harmful carbon pollution that contributes to climate change. until now, no federal limits to the amount of illusionist lance can dump into the year. think about that.

dagen: a dozen states in the coal industry expect to be hardest hit by the new regulations have already promised to see the environmental protection agency. separately, "the wall street journal" courting the natural resources expected to file for chapter 11 bankruptcy protection due to the sharp drop in core prices. stocks in recent selling off after trading resumed following the five-week shutdown during the country's debt crisis. the most active issues down the daily limit of 30% as the composite plunges more than 20%. the national bank of greece, the largest commercial bank falling 30%. trading in athens was suspended in late june as part of capital controls imposed to stem a flood of europe withdraws that threatened to force the country out of the euro zone. trouble in puerto rico. big trouble. the commonwealth defaulting on

its activity weekend. nicole petallides with a look ahead for the island. nicole: are they going to restructure, get a haircut? although they put in place to they can make it happen. puerto rico managed a $169 million document are at it that they did not but did not make a $50 million bond payment. the office of puerto rico's governor reportedly saying they don't have the money. the government has said the commonwealth cannot pay roughly $72 billion it owes. efforts underway to come up with a plan to restructure puerto rico's obligation. overhaul its economy front and center. the crisis in the commonwealth could affect u.s. invest oozes love. more than half of american bond funds, you everybody on porter weekend that. adam shapiro will be reporting from san juan and get you an inside look. will give you confidence dates

on what's going on there. now you talk about default. prioritize what they pay and get it over there. a lot of people not on the job. one of the major problems. transfer them courage to go to school because they can't get jobs. dagen: europe now stocks have a mixed picture of the ftse 100 ever so slightly. here in the u.s. can make it enough to that of a rocky start. to begin august and on this monday you have losses across the board. 16-point loss they are coming off a winning week in winning month. asian markets falling overnight. details from business reporter tracey chang hua's life beijing.

reporter: asian markets seem asian markets seem to see a threat today. then make a composite fell more than 1% after the country's newest manufacturer came in lower than market expectations showing the number attaching a two-year low. the immense weakness spilled over to hong kong for the hang seng down 1% as well as investors get worried about the fate of the chinese economy. japanese shares pared earlier losses for the nikkei down two tenths of 1%. investors disappointed they fail to reach an agreement at the transpacific partnership negotiations in hawaii and south korea the cost be seeing red down more than 1% also want china's growth concern. dagen: thank you, tracey chang in beijing. it is going to be a busy week on the economic front with the most important report coming out on friday. the july jobs report. lauren has a look ahead. lauren: i do. auto sales for the month of july

expected to top 17 million on an annual basis for the third month in a row thanks to easy credit, cheaper gas prices and pent-up demand. but to watch out for his more for is more people financing longer loans and loans of prime borrowers. tuesday, disney opened its books for its latest quarter and went day. it will likely widen to $43 billion. strength of the dollar is at play. after the market closes when they come and testify to to report a loss for second quarter. investors watching to see if the fcc faces yet another production delay. the report on friday, the july jobs are for 222,000 jobs to have been added. the unemployment rate finder 5.3%. lowest since 2008. wages will be key. we are not seen wages growth having no problem talented workers without having to pay them more as many people know.

what's very interesting when we heard this week that talked about further improvement in the labor market before they have lift off on rates. they are not looking at everything else. the terrible pmi number out of greece today. we also saw weaker manufacturing numbers in china and the like. dagen: and commodity prices so inflation not a can turn. in fact, deflation rearing its head again. lauren: oil is that 36 and change. dagen: all that that would reduce the economy with moore's bending. speaking of wages and inflation. it will be discussed at the first republican presidential debate. donald trump and the sunday morning talk shows. trump was asked about his taxes. >> what is your guess in your percentage of income? estimated taxes? >> you know what, i've said this

many times so it not his breaking news. as little as possible. i fight like to pay as little as possible for two reasons. and the business end of that is the way you do it in you put the money in your company and all of that. the other reason is i hate the way our government spends taxes. >> a new poll shows trump has surged 19% of gop voters support mr. trump 15% backed scott walker, 14% preferred job bush. only the top 10 candidates calculated an average of the last five national polls can participate in thursday's fox news debate in prime time. 9:00 p.m., made in virginia as a positive. john kasich in the meantime trying to get the famous thought in the primetime debate taking about that. >> i would like to be there, but the debate comes six months before the selection of a single

delegate. what i've been focusing on is out there in the grassroots. we have to wait in the how the polls work out. as it relates to the polls, i am governor of ohio. i wasn't traveling trying to make a name for myself. dagen: former texas governor rick perry wants to qualify as above but his campaign would continue either way. clinton's campaign released releasing the first two television ads that focus on her work on behalf of families and her relationship with her late mother. >> my mom's life and what she went through our big reasons by standing up for kate and families became such a big part of my life. i think about all the authorities all over america who fight for their families and never give up. that is why i doing this. dagen: the ads aimed at boosting secretary clinton's likability will air in the voting states of

ohio and iowa and new hampshire starting tomorrow two days before the gop debate did this also comes as vice president joe biden is considering a run for the white house. in the meantime an intense manhunt underway in memphis astrid police officer was shot and killed at authorities say the suspect was involved in an illegal drug deal and shot up so sean bolton several times. the shooting happened saturday night when the officer sought to investigate an illegally parked car. >> i think it is safe to say when you look at this individual , you are looking at a coward. we as a community must come together and remember that all lives matter. not just black lives, not just white lights, but all lives matter. dagen: officer bolton was 33 years old. deadly storms ripping through the midwest. the latest on the severe weather

situation. triple crown winner american fair prices to the korea weekend. we have the highlight down the stretch. taking u.s. stock index futures at my losses across the board to start your week. you are watching "fbn:am" come to your first at morning market and breaking news. ♪ you focus on making great burgers, or building the best houses in town.

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trained to lead skier caught up on global markets. in europe stocks are a mixed picture. the ftse 100 lower. stock market futures lower here as well down across the board for most of the last hour. turning to sports, horse racing american pharaoh back on track

in new jersey. the triple crown winner did not disappoint. here is a stretch call. >> in its american pharaoh coming and anti-aids all by himself. he is about to take second. it comes to the wire. a round in return for a living legend. american pharaoh by three. train to american pharaoh will run his race at the end about cobra before retiring but you might see him race before that. the power of a different kind was a rough day for pit crew members of broadcast lasky has led to a pit box, knocked a tire out of his front tire. he finished second in the sprint cup race. he still finished second.

kyl busch ran out of fuel on the final lap and helplessly watched as they tracked him down with the checkered flag. the deal by the same in the midwest heading our way. let's go to fox meteorologist maria molina with details. reporter: good morning. early this morning tracking severe storms across parts of the midwest bringing potential for severe weather across places like indiana into ohio and this afternoon and evening looking at risk for additional severe weather across parts of new england, mid-atlantic and across portions of the planes. severe weather will again be possible as we head into tomorrow. i want to take you further south because the central florida flooding has been a big story for several weeks and it continues today with several inches of rain forecast watches in effect. dagen: maria molina, meteorologist here at fox. a run down of global market

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dagen: is a final look at global markets. the ftse 100 in the red for the last hour. right across the board here on u.s. stock market futures. a winning month for stocks. that's your goodness. oil down but if you have to fill up your car they were changing prices yesterday end quote selling off as well. let's go to sandra smith and for maria bartiromo on "mornings with maria." sandra: see you in just a bit. great show this morning. and sandra smith. maria bartiromo off this morning. what made this hour, risk and reward host deirdre bolton and michael laporte. we have some action in the overseas market this morning.

greece main stock market index watching for you. opening the first time in five weeks is not pretty. the composite dropping almost 23% in the first few minutes of trading and send stocks remained closed. and china, the benchmark shanghai composite listing 1.1%. a live report from tracey chang in beijing in a minute. not a big reaction in u.s. futures yet. trading flat ahead of the open this morning to the downside. dow futures up 12 points. europe stock market action mixed halfway through the trading session. hillary clinton's campaign rolling out the first ad for the 2016 race promoting the former secretary of state as a fighter for the middle class. ask him in the face of talks that vice president joe biden may make a run at the president be in 2016 and a clean campaign is trying to the support for her party. for his part, the bias has been building in recent weeks noted on this show all last week we

talk about it. a "new york times" column over the weekend for maureen dowd detailing the story of how the late son told his father to run for the presidency before dying from brain cancer in may. on the republican side, here yes, donald trump went on the offensive in his ambush with about dodging taxes on cbs face the nation. >> by pay as little as possible. i fight like to pay as little as possible for two reasons. i'm a businessman of that is the way you do it and put the money back in your company and employees and all of that. the other reason is i hate the way our government spends taxes. sandra: the straight shooting continues. we will hear much more the first republican debate at the highly anticipated debate airing on our sister network fox news thursday evening. u.s. warplanes carried out to find more supp