liz: he says go into tech right now. j.c. parets, eagle bay capital founder and president. [closing bell rings] janet yellen's big speech in jackson hole, with the dow down 32 points. hand it over to david asman and melissa francis. pick it up here for "after the bell," guys. david: thank you, liz claman. dow, s&p and nasdaq all ending the day in the red. hi, everybody, i'm david asman. melissa: i'm melissa francis. this is "after the bell." we have you covered for the big market movers but here is what else is happening this hour. it is a war of words on the campaign trail with hillary clinton and donald trump exchanging major blows. clinton coming out of hiding to attract trump at rally just wrapping up in reno, nevada. while trump slammed clinton at a rally in new hampshire. who came out on top? we have takeaways from both sides. >> kicking the can down the road, obama administration says america's massive deficit will

be the next president's problem. good luck to that person. trump economic advisor steve moore will give us his take. david: unitedhealthcare, nike and walmart dragging the blue-chips lower today as they did yesterday. a different story for oil though phil flynn, price futures, watching action from cme. adam shapiro on floor of the nyse. adam kicking off with the vix, the volatility index. reporter: there is fear out there, fear of janet yellen, what she might say or what she might not say tomorrow in jackson hole. vix at three-week high. highest point since august 2nd. investors trying to look or see some clues in what janet yellen says when she addresses those gathered, central bankers and different pundits in jackson hole. peter barnes is out there. he has you covered on that front. facebook up half a percent, after they bought whatsapp in 2014. when they bought the messaging

service they promised would preserve and respect user privacy. they will share.numbers with facebook. they will be easier to target whatsapp users and facebook users. some people not happy about it but investors are. federal trade commission cleared the way for tesla to buy solarcity. there will not be antitrust legislation or litigation rather, pursued. you can see investors may not like the deal. they got clearance to buy. down 1 1/2%. melissa, david, back to you. melissa: thank you, adam. phil, oil moving in the opposite direction, what is behind that? >> couple could things, melissa. we had comments from saudi oil minister. he said no significant action will be needed because the market is balanced. first the market took those as negative comments. when they read the actual

interview it seemed to mean more supportive. saudi arabia thinks demand is picking up and opec may come to an agreement but they may not have to because the market is getting really in balance. we also saw the market jump on the headlines that came out from the u.s. defense department that said they actually fired on an iranian boat yesterday. so that also got some short-covering in play. we also had the natural gas market today. historically low injection into supply for the state. this market has been up nine out of 10 days. part of it is because we have the perception going into the summer that supplies for this winter would be all-time record high. that may not happen. it may not happen for two reasons. number one, we've had record hot temperatures this summer. and possibility of this tropical storm could be still a threat to production. back to you. melissa: phil, good stuff, thank you. david: we reported and they caved. mylan is saying they're providing savings cards to

reduce out-of-pocket expenses for folks who can't afford the life saving epipen but did not say they would reduce the actual price of the drug now or even in the future. here to discuss is scott martin of kingsview asset management, fox news contributor, as well as jared levy of profitable trading.com. good to see you both. scott, you know the first thing i thought of i heard this story, why isn't there a competitor? this thing is not rocket science. it's a pen with syringe inside. the drug itself is very cheap. you can make insane profit the reason is as we're now discovering there have been a whole lot of pharmaceutical companies who had a competing product but the fda wasn't letting them in. this sounds more like a regulatory problem than anything else? >> yeah, i mean the government just as complicit, david. it is an old product as well, many decades old. this is not like a new technology. i'll tell you what else is funny. if you look at price rise in the

epipen in last several years coincides with the passage of aca in 2010, david. there is a lot of players involved with what happened. mylan got caught. they got caught with public outcry. they got caught with pricing, now they're coming to the table saying hey we'll try to help. a little too late for me. david: ceo has political connections. made a fortune, god bless her, but using political connections to cut back on competition on competitors, forcing government programs that force the use of that particular pen. this looks like crony capitalism to me. >> it is, and we've got to be careful here. it is not pure real capitalism. crony capitalism or like scott said, fed by the aca. millions of people are guaranteed the product, guess who is paying for it? we are. to get the aca pushed through, medicaid relinquished its ability to basically negotiate prices for drugs, to get a lot

of these drugmakers on board with the aca. that was beginning of it. by the way, check the secondary market in epipens. on ebay they're still trading $200 for the pair. those are expired pairs. melissa: oh. david: incredible. nothing brings down prices like competition, nothing does better than that certainly not price controls. melissa. melissa: bad news for coca-cola and pepsi. soda consumption dropping 22% in berkeley, california after the city introduced a tax on sugary beverages according to new research for the american journal of public health. scott martin, i don't know, i think i'm calling bs on this whole thing. when you look at, they blocked chain restaurants from going into south l.a., i think it was. obesity rates rose because different kinds of fattening food went in instead of mcdonald's or whatever. fewer people are drinking sugary soda everywhere. is it surprising they're doing it in berkeley? >> humans are healthier. they're making their own choices

not because of taxes. this is just one of those ploys to say, hey, taxes work, it disincentivizes sugary drink consumption you should have more. i don't particularly like government coming in. melissa, you know mayor bloomberg trying to ban large sugary drinks. i don't like government telling you this is what you can have, this is what you can't have, in case of americans getting healthier, i'm all for it. melissa: jared, on flip side they understand you tax when it comes to discourage coming to sugary beverages and happy to tax the hell out of my income to discourage me from working. >> if you will tax me, give me something in return, or tell me you're doing something. for instance, if a local municipality or state will tax my sugary drinks, make my water drinkable. go up to flint, michigan, and several other cities, can't name them off the top of my head. that is why bottled water

exceeding soda sales first time ever because we don't have clean water. give us taxes to pay for clean water, then i might buy it. david: good point. risky sign of the times. millenials taking out home equity loans to fund short term expenses like vacations and medical emergencies. jared, this seems like dangerous trend, no. >> of course. this is show me generation or let me show you myself and how great my life is, even though i'm jobless or just a blogger i will go on trips to bally or indonesia or whatever. this is really interesting. i did some numbers. if you took out $1,000 an credit card, even at 15%, if you pay it off in year's time you would be better off rolling that $1,000 into 4% mortgage over 15 years. you would pay 700%. real problem, millenials are not making enough money. david: i don't know, scott. i think real problem is that interest rates are so screwed up you're seeing all these kinds of

things that don't make sense in normal times. that is why it is so important the fed get it right. >> you can take a piece of your house down to the bank and actually get some lower interest rate cash for it. that is really feeding this issue. millenials are thinking the house is investment, not so much long-term asset. taking money out of long-term asset, which is their house and putting into short term depreciation jewelry or vacation. david: reminds of 2006, 2007, 2008. >> we know how that movie ended. david: we know exactly how it ended. melissa? melissa: u.s. navy firing warning shots after another close call with iranian ships in the persian gulf. this as we learn new details about the $1.3 billion payoff we made to iran. david: war of words on the campaign trail. it is getting hotter than ever. donald trump slamming his opponent in new hampshire this afternoon, calling hillary clinton a liar who paints decent americans as racists and bullies.

and of course we just heard what hillary clinton said about him. melissa: yeah. clinton hitting back at trump at her own event in reno moments ago. >> from the start donald trump has built his campaign on prejudice and paranoia. this just got interesting. why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach,

delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card stop taking cialis and get medihi mi'm raph. tom.y. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, you can talk to thbecause we're here, we're here, and we've got your back. legalzoom. legal help is here. put under a microscope, we can see all the bacteria that still exists. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day.

hey how's it going, hotcakes? hotcakes. this place has hotcakes. so why aren't they selling like hotcakes? with comcast business internet and wifi pro, they could be. just add a customized message to your wifi pro splash page and you'll reach your customers where their eyes are already - on their devices. order up. it's more than just wifi, it can help grow your business. you don't see that every day. introducing wifi pro, wifi that helps grow your business. comcast business. built for business.

melissa: as she deals with controversy surrounding clinton foundation and release of additional 15,000 emails from her private server, hillary clinton is trying to focus negative media attention back on donald trump. break burman standing by in d.c. with the latest on clinton's new offensive. blake? reporter: hi, melissa. hillary clinton dedicated entirety of a 30-minute speech today not on policy rather than

on donald trump. clinton tried to portray her moment pedaling discredited conspiracy theories with racial undertones. clinton said trump engaged in steady stream of bigotry. and there was more. >> trump is reinforcing harmful stereotypes and offering a dog whistle to his most hateful supporters. it is a disturbing preview of what kind of president ed be. he says he wants to make america great again but, more and more it seems as though his real message seems to be make america hate again. reporter: trump launched his own preemptive response at a rally in new hampshire earlier this afternoon. trump said clinton was not just attacking him but attacking his supporters as well. >> they are left with only this one tired argument, you're racist, you're racist, you're

racist. they keep saying it, you're racist. it's a tired, disgusting argument. reporter: clinton took aim at trump's new campaign ceo stephen bannon and breitbart website. he says he embraced the alt-right philosophy she described as fringe movement. melissa: wow. it is only august. reporter: 75 days to go. >> amazing. thank you so much, david. david: target-rich environment. lots to talk about. brad blakeman former senior staffer for president george w. bush and democratic ohio senator capri cafaro to weigh in on the speech and everything else in the campaign. capri, we heard trump reinforce some stereotypes. we hear stereotypes coming out of hillary campaign, an ad that

connects trump to the kkk. let's play that ad and get your response. >> a lost klan members like donald trump because a lot of what he believes we believe in. ♪ donald trump would be best for the job. >> for president? >> yeah. david: capri, this kind of thing throughout until the election itself? >> sadly for all of us, in the united states, i probably think that we will. the politics of fear are in full effect, david. we saw that not only in that pretty incendiary advertisement linking the kkk to donald trump but in dueling speeches that were on today donald trump first painting hillary clinton essentially as you know, a self-centered criminal who is out for herself and bought and paid for. subsequently hillary clinton landing some blows as well in reno nevada, basically trying to frame donald trump as some kind of a racist who is too unstable to be commander-in-chief. this politics of fear in full

effect and these are the narratives i think both camps will keep pushing. david: brad there was a little bit of policy from hillary's speech, essentially it was, if you believe things are deteriorating in america, getting worse, particularly in the inner city, you're a racist. unless you see everything is rosy, unless you see everything is improving, there has got to be something wrong with you and you have a racist view of the world. that's, that's a pretty damning way of going after your opponent, is it not? >> it sure is but you know this is the, this is the politics of deflection. all you have to do is google democratic cities in america, and take a look at what is happening in inner cities. minority populations of those inner cities double the national average or more of unemployment. one in three is on some kind of public assistance. dropout rates are through the roof and incarceration and crime. this is deflecting away from the responsibility that democrats have in areas which they

concentrate and control, mostly our urban areas. they have taken them for granted. what you do? you blame the other guy who hasn't had any of political experience. david: capri, you are a representative and you deal with some people in the inner cities. >> sure. david: there are serious problems, there are ways in which education, crime, have deteriorated. >> no question. david: unemployment. it is something that is worthwhile talking about, right? >> absolutely. david: without being called a racist. >> there is no question. we need to be serious about policy solutions. i represent urban, suburban and rule areas. not only do we need to talk about plight of inner cities and but rural poverty, something seeming no one has time for. david: brad, not just hillary throwing out the racist charge. we heard it from trump as well the past 24 hours. let's play that tape. >> hillary clinton is a bigot who sees people of color only as

votes, not as human beings worthy of a better future. david: brad, according to trump if you're taking somebody for granted, a particular bloc, you're bigoted against that bloc thinking they can be used. >> i don't like the incendiary from the left. i certainly don't like it from the right. if you stick to the facts, the facts rule the day. the facts are that democrats have taken minority populations for granted. david: does that make them bigoted? does that make them racist? >> it doesn't make them racist. it makes them wrong. that is where you lose credibility of your argument when you to the extra step. i wish he wouldn't do it. facts speak for themselves. when we stick to the faxes we win. david: brad blakeman, capri cafaro. thank you. melissa. melissa: wikileaks founder julian assange hinting a october surprise for hillary clinton. this is what he told meghan kelly last night. >> understand -- we have a lot of pages of material, thousands of pages of material.

i don't want to give the game away but it's a variety of different types of documents from different types of institutions that are associated with the election campaign. some quite unexpected angles that are, you know, quite interesting. some, some even entertaining. melissa: wow. when meghan asked whether it could be an election game-changer as assange replied, depends how it catches fire. david: kicking the can down the road. white house passing the buck facing u.s. economy to the next president. coming up is it steve moore here to sound off. tornadoes tearing through the midwest. severe storms destroying hundreds of homes and business. >> look at all the debris. oh, my gosh! the

david: breaking news. texas jury found gm ignition switch was not to blame in a 2011 crash that killed a person. shares are up slightly after-hours. melissa. melissa: federal budget deficit is on the rise. total for 2016 estimated to reach $590 billion. that is according to the congressional budget office. well the obama administration is handing over the problem to the next president. >> there is certainly a lot of money that can be saved and, that, this will be a challenge that the next president, next congress will have to do. melissa: so good luck to him or here now is steve moore, trump campaign economic advisor an fox news contributor. steve, we have talked about this before. there is tons of blame to go around. everybody's track record on the deficit and on this continued spending is terrible. republicans, democrats, nobody in the election is talking about

shrinking size of government or spending less or cutting entitlements what is the deal, steve moore? >> talk about the $600 billion deficit, because if this was real recovery, we would see the deficit falling. as you spend less and you take in more revenues. this is first time we're seeing recovery where the budget deficit is going up. what that suggests. the reason the deficit is going up primary economy is only growing 1% last nine months. that doesn't generate enough tax revenues. i always believe. melissa: talking about incremental change and i totally respect and hear what you're changing but the bulk of what we owe we are passing on to our children is about entitlements. >> yeah. melissa: until somebody attacks that it doesn't make a dent of difference. >> look, growth is critical. if you get growth up, every time we raise the growth rate one percentage point we reduce the debt over 10 years by two trillion. you can't get from here to there, no matter how much you

cut programs until you get -- melissa: after that. >> so now here's the thing. i get tired of people saying trump doesn't want to go after the entitlements. the one major an titlement that is growing like weeds right now is obamacare. that has become the latest and worst entitlement program. donald trump has said very clearly and consistently we're going to repeal obamacare. we'll put in place something that isn't going to fall apart,s and it will save money. melissa: okay. >> entitlement, that is one of the major entitlement programs. on some of the others. melissa: social security, medicare, medicaid, what do we do about that? >> well are you asking me as trump advisor or steve moore economist? melissa: does trump have any sort of solution? i think he hasn't really tackled that yet. maybe something he will illuminate at later date. has he said anything about those issues? >> what he has said, melissa, first we have to get the economy moving again. once we get the economy stablized we'll talk about what we can do on social security and medicare.

frankly that is the right thing to do. nothing matters if we don't get 3 to 4% growth. you can't cut your way to balanced budget. you can't. melissa: do you think he has the will to cut these programs that are so far out of control, or is it like wrapping your lips around a third rail of politics, and he will not cut those things like nobody else will cut those things and we're all going to hell in a hand basket? >> something you left out, we have the penny plan. cut a penny out of every program for four or five years, each year, you do that, save trillions of dollars. really that simple. so that is a big part of our solution. we're going to make nato pay more for their own european defense. programs like that. we're going to take some of those entitlement programs and shift those to the states. this was the 20-year anniversary of welfare reform. welfare reform was one of the most successful we've seen in washington in 50 years.

obama has voice rated those reforms. -- eviscerated. donald trump will put back requirements get people off welfare and into the workforce where they can earn a leveling. melissa: hmmm. >> why are you so skeptical? that is important -- melissa: we to actually tackle the big problems if we're ever going to get control of this deficit and shrink the size of government. you have to really tackle the big programs. >> right. we have 44 million people on food stamps. 44 million people on food stamps. melissa: have to raise social security age or cut medicaid or medicare. >> we can talk about that. why not let some of that money into personal private accounts so young people actually get a good deal out of their money. melissa: now you're talking my language, steve moore. thank you. >> steve moore talking. not donald trump. melissa: i know, i hear you. dave? david: dow chemical ending above $54 a share. that is great news you're a shareholder unless you're warren buffett. if dow shares exceed $53 and

72 cents for 20 days over 30-day period, the company can convert berkshire hathaway's preferred shares into common stock. this would cost berkshire a dividend worth $255 million a year or as warren buffett himself put it, windfall paid him $8 a second since the financial crisis of 2009. that is when he had this preferred share deal with dow. melissa: criticism continuing to pile on hillary clinton. the controversy surrounding the clinton foundation. clinton is standing her ground and defending the organization. lots of smoke. no fire. david: that is what she says. all this is feeding perfectly into donald trump's campaign as his attacks on clinton keep coming and he is not holding back. that is all coming up next. >> hillary clinton and her donors, and advisors, pushing her to spread smears and her

lies about decent people. shame on you!

♪ with this level of engineering... it's a performance machine. with this degree of intelligence... it's a supercomputer. with this grade of protection... it's a fortress. and with this standard of luxury... it's an oasis. introducing the completely redesigned e-class. it's everything you need it to be... and more. lease the e300 for $549 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. david: donald trump came out swinging today at rally in new hampshire, where he hit hilly on an array of issues. he criticized helping donors

while secretary of state and hers will go down as the most outrage just. >> what is being uncovered right now, is one of the most shocking scandals in american political history. it is watergate all over again. secretary of state sold her office to corporations an foreign governments, betraying the public trust, putting innocent lives in danger, and then she went to great lengths to hide, delete, destroy, and lie about the evidence. just like her lie that she never sent any material marked classified. total lie. lie after lie after lie. melissa: pay to play allegations getting louder. hillary clinton under fire after bomb shoal report showing links between found takes donors and

the clinton state department, despite clintons are down playing any wrongdoing by the family foundation. just listen. >> the foundation is a charity. neither my husband or i have ever drawn a salary from it. >> we're trying to do good things. there is nothing wrong with creating jobs and saving lives. i don't know what it is. the people who gave the money knew exactly what they were doing. melissa: who was she calling in from there, her yacht? i don't know. brad blakeman, capri cafaro are back with us. brad, i mean he says, saving lives and helping kids is wrong, then i'm wrong, but, at same time, charity watch says it is not actually a charity. they can't even look at the clinton foundation and grade it, because the business model isn't a charity. they only give away 10% comes in, and seems like chickens are coming home to roost. are people paying attention this time? >> yes, and they get it. long before the clinton

foundation was email scandal. american people have this baked in. it will only add to the distrust and unlikability, that they have towards hillary clinton. look, bill clinton, basically gave a, aloecution when he said to the american people, if hillary clinton is elected president we'll not have anything to do with the foundation. hillary clinton was secretary of state. melissa: yeah. >> if you can't do it as president, you can't do it as secretary of state. while it is true they may not have gotten a salary, they got a benefit. what was the benefit? power they had and speaking engagements. melissa: all the speaking money. all the flying. capri, let me ask you on that point though. they made a really bad move saying they will shut it down if she becomes president. immediately when she was calling in from her yacht there, she called in to anderson cooper's show, she said, stumbling, she is terrible answering questions, you know, this is the unique circumstances will exist if i'm

president, so i will shut it down. anderson cooper jumped on her and didn't they exist when you were secretary of state? she said, no, no no. that is not good. >> if it i were in her shoes in 2009 i would have walled myself off from the clinton foundation. i would have made sure my staff would not talk to anyone that had any kind of relationship with the clinton foundation. and i would have insured then, that you didn't take any corporate donations or deal with any foreign countries. that being said, i mean i think at this point, they probably wish they would have done exactly what i said. hillary clinton has acknowledged where there may be smoke, but there is no fire. i think the real question here is one of optics. i have no sympathy for any of what has happened and transpired in this whole mess. melissa: yeah. >> the real question is whether or not the american public and the electorate sees this smoke as fire as if that impacts their choice. melissa: brad, i don't think

they have learned their lesson because even with this latest thing saying we'll wind down most of it, if she becomes president, they have confirmed to fox news that they're going to leave chelsea clinton in charge of it, and she is going to continue to raise money. there is no difference. then she is still taking money and she has direct access to her parents. there is no difference. >> there is no difference. that is exactly why chelsea is going to stay there. because her mom and dad will meet with her personally or on the phone and direct workings. >> that is not fair though. that is not fair. you could say the same thing about trump's kids and business. that is simply not fair. melissa: they're not collecting, capri, they're not collecting money from foreign governments in exchange for favors. they're running a business. >> fair enough. >> they're not taking in money. >> i will give you that. >> hold being themselves out to be a charity. we do know this, there was cross-pollinization of state department employees with the foundation at same time working for government.

melissa: we have to go. hillary clinton made an agreement with the government not to do that and she did it. thanks to both of you. david: news from campaign trail, normally not a big thing, you know how the long hillary has been since shy had a press conference. press wanted to ask her questions. there are coffee and chocolates there, which she was trying to pass out to the press while they were trying to ask her answer questions about what she had said earlier concerning donald trump. again, you know, she hasn't answered, full press conference for quite some time now. the press trying to get questions in. she diverted questions. instead gave members of the press some chocolate. wall street gearing up for janet yellen. investors will be watching a key speech from the fed chair tomorrow morning for any clues on a possible rate hike. fox business's peter barnes is in jackson hole with a preview. you have a special guest to figure out what is going to be coming tomorrow, peter. reporter: that's right, david.

that special guest was esther george who is the president of the kansas city reserve federal bank. she is the host of the kansas city fed economic forum here. she told me this morning that based on her read of the economy ands long as economy continues to, to go along or continue at, at her forecast, she is ready to vote for raising interest rates again at the september fed meeting. and now, she is a hawk and she has voted three times this year already to vote for higher rate increases. the question what about her colleagues? as you know we talked to new york fed president bill dudley last week, who is normally fairly dovish on these matters. he told us he thought the economy was strengthening and that, moving along nicely. he thought that the people should start getting ready for the fed to hike interest rates sometime this year. when i asked him about the september meeting, he said,

that's a possibility. there is also a meeting in november just before the election. i don't think that would be on the table. but then there is a meeting in december as well. so issue is, will janet yellen signal how she feels about the outlook for rate increases? we expect she will talk about improvements in the economy. according to some of the economists i have heard from, she will likely keep her options open and then, of course, we've got another jobs report between now and next fed meeting in september. some key measures on inflation as well. and that could be the determining, those could be determining factors whether the fed decides to move in september. so, all ears on janet yellen tomorrow morning. we'll get headlines for you at 10:00 a.m. eastern. david? david: okay, market has been on hold for the whole week waiting for that speech. we hope it's a good one. peter thank you very much. melissa. melissa: thousands remain without power and over 200 indiana residents have been forced into shelters after

dozens of tornadoes tore a path through the midwest yesterday. 20 twisters were spotted between central indiana and western ohio. indiana governor mike pence away from the campaign trail and surveying damage to help with the cleanup effort. david: good luck to them. latest provocation from iran harassing a u.s. warship overseas. is that billion dollar payoff to the iranians actually making things worse? o says your desk pe always has to be at your desk? now, with one talk from verizon... hi, pete. i'm glad you called. (announcer vo) all your phones can work together on one number. you can move calls between phones, so conversations can go where you go. take your time. i'm not going anywhere. (announcer vo) and when you're not available, one talk helps find the right person who is. hi, john. (announcer vo) so wherever work takes you, you can put your customers first. introducing one talk-- another way verizon connects your business better. learn how at onetalk.com. is 22 pages long.

did you read every word? no, only lawyers do that. so when you got rear-ended and needed a tow, your insurance company told you to look at page five on your policy. did it say "great news. you're covered!" on page five? no. it said, "blah blah, blah blah blah blah blah..." the liberty mutual app with coverage compass™ makes it easy to know what you're covered for and what you're not. liberty stands with you. liberty mutual insurance.

david: breaking news from the persian gulf. yet another incident. what you're looking at is what happened on tuesday where four iranian vessels were harassing. they got 300 yards away from a big navy vessel destroyer. this happened tuesday. now we're getting word the same sort of thing happened as well. two ships, u.s. coastal patrol ship, uss tempest and uss squall.

both were harassed by four iranian vessels. we don't know obviously if they're the same ones. what happened on tuesday seems to be coming a kind of pattern. to talk about all this, joining us is stephen yates, former deputy assistant to vice president cheney for national security affairs. stephen this, is extraordinary. what is more extraordinary after we learn about the billion .7 dollars we gave to iran to prescribe them into signing on to this nuclear deal. it says 1.3 billion, in addition to that 1.3 billion there was 400 million in cash paid off. they can't stay bought, can they? they seem intent on humiliating us? >> well, i mean usually if you're going to pay off a mafia boss you expect to get peace in return for the big payout. what we've got really here is classical kind of harrassment. our navy is always pursuing freedom of navigation missions all around the world and there

are countries like china and iran comes into this category will challenge us. the russians will too. it does bam harrassment when you're conducting operations in a dangerous part of the world. you're a little more on edge when you are in the persian gulf say than you are in the pacific but the big issue is the fact that the administration basically sold a false narrative courtesy of ben rhodes admission. david: right. >> they have laundered all this money. david: let's move it forward, stephen. you're on the trump team. what would you advise donald trump to do? this is clearly harrassment. this is clearly an attempt to humiliate the united states in the eyes of the world. what should if donald trump as president, what would you advise him to do as commander-in-chief? >> first thing to do is to get clear guidance from your admirals and generals in the field in these combatant commands. hey, if you had every available option, what would you want from

me and what would you want to do? and i think that you need to have a demonstration effect to make sure there is a cost to harassing and challenging our -- david: this happened two days in a road now, stephen. >> that's right. david: tuesday and wednesday. if it continues to happen would you fire a warning shot above the bow of one of these shots? >> what i would do, i would have a more powerful vessel go through the area. we've run into this in the past with china. if you don't like our smaller vessels going through we'll put a bigger vessel going through and might have an air escort. don't dare challenge it. david: stephen yates, could get more dangerous yet. thank you for analysis of breaking news. appreciate it. melissa. melissa: offering assistance from voters heading to canada. if the election has got you down, this real estate agent wants to get your call. ♪ what powers the digital world. communication. that's why a cutting edge university counts on centurylink

to keep their global campus connected. and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble. businesses count on communication, and communication counts on centurylink.

melissa: if the election doesn't go the way you want it to, feel free to flee the country and head to canada. one real estate agent is looking to capitalize on chatter of americans who claim they are heading north if their candidate loses. jeff cook, a real estate agent from south carolina and he joins me now. this is genius marketing. you're not really getting calls from people saying they will leave the country, are you? >> you know, we are. we are getting a few calls. people are trying to decide what they want to do if their candidate doesn't get n. we have a long list of people getting ready to go to the canada if they don't get election way they want it. melissa: why would you want to go to canada? it is freezing cold. you could go to the bahamas and caribbean. there are million places. if i would flee the country to

flee politics i wouldn't go to canada. do you ask them? >> not to mention taxes. we had a call from mexico, why don't you send anybody down here? a lot warmer down this way. melissa: right, well, they would have to renounce citizenship because they don't let americans buy property in mexico, could be one reason. how many calls would you say you have gotten, not just people want to move. they see this and think it is funny? how much business do you think you drummed up with this billboard? >> we get 20 to 30 calls a day. the phone number is off the hook. we have to have, separate reception its to help answer phone calls coming in. people really calling from all over the country to talk about real estate and talk about politics and their candidate and who they want to get into office and reason why. it has been quite outpouring. website hits literal went up four our five times. we had a lot of response to this. melissa: you're in charleston, south carolina, how are you saying it is going? are more people threatening to leave because don't want to see donald trump as president or want to see hillary clinton as president?

>> charleston area is beautiful. we hope nobody leaves. if they want to life we will help them sell their house. we have at office long list both sides of the aisle pro-trump, pro-hillary. depending on how election turns out we'll call the opposite candidate if they're serious selling their house. melissa: you're like the unofficial poll. which way is it going? who is winning? >> we're tied, very close to even keel. 50/50. melissa: i think you're a good politician yourself and trying to keep clients on both sides happy. the i appreciate that. my mother-in-law is real estate broker, she said you never talk politics or religion at the dinner table or when you're doing business. not good topics. you nod and go along with them. this is very smart. i know there is another real estate company in wisconsin that is doing something similar. there are other people out there. how did you come up with the idea? >> well, couple of our friends across the country got together and we decided to tackle the billboard project.

we wanted to talk with something from a bipartisan view to really look how we bring humor and you know, to try to get rid of the divisive nature of this election. what we found out during the time it is more about trying to keep the other candidate out of office versus getting your candidate in office. we came up with the product you see there. melissa: that's great. and i appreciate very much that you're trying to lighten the mood. you're not the only one. there are airlines that take advantage of whatever national scandal is going on to advertise based on it because you get, you just get a lost chatter. would you say, how many more calls does a billboard like this get for you than one just said, hey, i'm jeff cook, i want to sell your house, and how much do you think you're able to convert those into real customers? >> at least three or four times the normal response. at this point a lot of people are really trying to figure out what it would look like, what their property is worth if they were to move. when ever the election cycle comes around they're talking about definitely pulling the trigger. >> there you go. getting to know your customer

and get familiar with your phone number and call you if they want to sell your house for whatever reason. my hat off to you, jeff cook. good job. >> thank you. david: i'm with you, a warm climate. go south. don't go north. melissa: canada, no. david: can't figure that out. a promise we knew would not be kept and now formally it is being walked back. >> i intend to keep this promise. if you like your doctor, you will be able to keep your doctor. if you like your doctor, you can keep your doctor. if you like your doctor, you will be able to keep your doctor. period. ♪ [announcer] is it a force of nature? or a sales event? the summer of audi sales event is here.

get up to a $5,000 bonus on select audi models. to folks out there whose diabetic nerve pain... shoots and burns its way into your day, : sks sks extraordinarily painful, i hear you. make sure your doctor hears you too! i hear you because i was there when my dad suffered with diabetic nerve pain. if you have diabetes and burning, shooting pain in your feet or hands, don't suffer in silence! step on up and ask your doctor about diabetic nerve pain. tell 'em cedric sent you.

. >> if you like your doctor, you might not be able to keep your doctor. one of the key promises of obamacare is missing on a lot of flagship. >> wipe it outside. the weekly standard pointing out they used to have a section

called how to keep your doctor, the same link takes to you a section called how to pick a health insurance plan. >> should have taken you to a place that said how to find a new doctor. >> or why not to trust political policies and promises. >> there you are, "risk & reward" starts right now. deirdre: hillary clinton charges donald trump with craven bigotry, the most loaded charge aimed at the republican candidate yet. a member of donald trump's team is here to respond. this is "risk & reward," i'm deirdre bolton. hillary clinton's last press conference was 264 days ago, she says donald trump helping a radical fringe take over a major political party. >> breitbart embraces ideas on the extremist fringe of the conservative right. this is not conservatism as we have known it. this is not republicanism as we have known it.