[closing bell rings] his favorite holding term is forever. >> absolutely. liz: david, great to have you. markets close higher for the week. dow closes up for the 7th straight day. that does it for the claman countdown. happy mother's day. david: happy mother's day. good news you're making money if you have stocks at all. ending up for the week as well. this snap as two-week losing string. it is green for the s&p 500 but the nasdaq is down, the first losing session in six trading days. hi, everybody, happy friday. i'm david asman. melissa: i'm melissa francis. this is "after the bell." we have more on the big market movers, but here is what else we're covering during this very busy hour ahead. more powerful and more reusable. we'll soon see picture right here of a live rocket, spacex, set to launch the newest version of the falcon 9 rocket.

they will attempt to land it on robotic drone ship. david: love it when they make it. melissa: we'll take you live to cape canaveral when the countdown begins. tackling another campaign promise. president trump vowing to slash prescription drug prices and do away with what he calls global freeloading. americans paying a lot more than people in other countries for the same drugs. details from the comprehensive plan announced this afternoon. could there be an fbi spy? could have been an fbi spy in the 2016 trump campaign? kimberly strassel writing about stunning implications coming from a briefing between congress and the doj. in a "wall street journal" op-ed, she will be joining us later in the hour. david: the markets closings up for the 7th day in a row. this is the longist winning streak for the dow in six months. phil flynn, price business futures and watching action in oil and gold from the cme.

nicole petallides from the floor of the new york stock exchange. nicole, a good way to end the week. >> i can hear the enthusiasm in your voice. we had a great week from wall street. you're right on the moneyed. dow, nasdaq, s&p, we had mixed finish with the nasdaq slightly lower thanks to symantec. the dow and s&p higher. all three major averages up more than 2% this week. in fact the s&p 500 had the best week since early march. we had a nice run all along. some of the best performers on the dow jones industrial average. phil will tell you, beats some energy names. caterpillar, exxon, jpmorgan, also united technologies. these were the best performers for the week. some of which are up four and 5%. we took a close look at facebook. a lot of our friends own facebook, some way, somehow. right around 187 bucks. before that data was compromised cambridge analytica time in mid-march it was 185 bucks.

dipped all the way down. lost 135 billion in market value but look, right back up. that is a good start. wedbush calling it a best idea in the month of may. you mentioned what we talked about a short time ago, president donald trump focusing on the pharmaceuticals, what they have seen high price as total ripoff. you have global freeloading. stocks sold off and popped back up. in fact you see some of the pharmacy benefit managers, cvs, express script, pfizer, eli lilly, johnson & johnson, they started to sell off and came back. you see good gains as well. happy mother's day. melissa: you as well, thank you. you as well, nicole. oil lower for the day but higher for the second week in a row because of geopolitical fears. oil could spike up past $100 next year. i don't know about that. what do you think? >> not next year. but i wouldn't count out two years from now, three years from

now, because we do have a situation where a few years ago we under invested in oil production. we're going to pay the price for that somewhere down the road. not this year. maybe next. today we did breathe a sigh of relief. oil prices down today. calm in the middle east. no bombs flying. report that chancellor, uk chancellor theresa may may meet with donald trump on iran. that reduced some of the risk premium a little bit. we saw big jump in the u.s. rig counts. u.s. rig operators are responding to higher prices. they added 10 oil rigs, three gas rigs. that means we'll see more u.s. production down the road. of course gold today. a little bit of a pullback but still had up week. a little bit of a pullback, we're not worried about inflation as we were yesterday. back to you. melissa: phil, thank you so much. have a great weekend. >> you too, dear, happy mother's day let's bring in today's panel. carol roth, future file legacy

planning system and jason rotman from lido isle advisors. good to see you both. happy mother's day if in keeping with the situation, carol. first to you, if i can because we got news in the "wall street journal" that companies are spending a trillion dollars, they're on track to spend a trillion dollars in money back to investors in the form of dividends and stock buybacks. what do you make of that? >> certainly would like to see companies reinvesting in capital, doing m&a, doing other things that provide growth for the long term. let's be honest, david, a good thing for money to come back to investors because they're producing so much cash. i think if you look at the macroeconomic backdrop we're in really good situation. companies are doing well. so bring some of it back to investors, keep investing in, for the future. i think that things will continue to move forward. david: jason, i think money does a lot better in the private sector than it does when

government bureaucrats are spending it or misspending it. when will we see the money spend in r&d and plants and so forth? >> i think we're seeing it. there are policies in place as far as repatriation and some other policies even politically that will encourage that infrastructure spending by trump, et cetera, et cetera. there is a kind of a perfect storm. the market loves donald trump. that is an absolute fact and i think we'll continue to see that. i think we'll keep going higher this summer. there will be more reinvestment into research and infrastructure as you're talking about, because it will be politically incense advised which is a good thing. there is nothing wrong with it. i think we're in good shape. david: there is time factor carol. you can instantaneously buy stock or. it takes a while to gin up the foundations for a new plant. although, having said that a lot of deregulation makes building those plants a lot easier.

>> it certainly does. we want to see that continued investment for the long term, david. i do think because it has such long trajectory we would like to see that the in announcements. we're seeing great earnings. seeing reaffirmmation for earnings going forward. we want to start hearing on the conference calls, here are all the places we'll be spending money. we're making investments in capital. we're making investments in people. we're doing interesting mergers and acquisitions. so that money is not just being shifted back to shareholders. melissa: president trump announcing new plans to make drug prices more affordable. blake burman with more details from the white house. blake. reporter: president says he can get most of this done through executive action. though he will probably need congressional help along the way. he announced his new plan to lower prescription drug prices at an event in the rose guarden today and one idea he rolled out is targeting what is known as farm any benefit managers.

>> we're very much eliminating the middle men. the middlemen became very, very rich, all right? [applause] whoever the middlemen were they won't be so rich anymore. reporter: it calls for addressing rebate system and getting generic drugs to the market faster. the hhs secretary is alex azar. he is a former pharma executive in his own right. he can lead the charge because he knows how to flip the formula. incentivize a system that brings about lower list prices. >> the math doesn't work. >> at somebody who was in that position. >> the system doesn't make that work. my job now with the president's commission make that work so that the incentives work to

bring prices down, charge less on the list price. that is exactly what we're about, is to fix that. no one company on their own can change that dynamic. reporter: melissa, another idea they had, one of those roughly gazillion commercials on tv about drug prices, they put up a drug, here it is, talk to your doctor about it? the president and administration should say in the commercials hough the drug should actually cost. azar said you should know if it is 100 bucking something you might be able to afford or $50,000 as he put it, probably something you could not afford. one of the ideas. melissa: the price of the drug and depends on rebate and your plan and everything else. there is no one price. they have to straighten that out. blake, thanks so much for this. we have aetna former ceo richard huber. thanks so much for joining us. he first talked about attacking pharmacy benefit managers but

those stocks went up. obviously the market doesn't believe they will get a handle on those businesses. what is your take? >> it is always easy to blame the middleman but in our system basically the problem is the base cost. the middleman adds on something, and we can always try to squeeze that. i think that is a laudable goal but really if the price is high, the end price is going to be high. so it doesn't, we don't accomplish much by just beating up on the middleman. it is the base cost. i'm encouraged by some of the parts of president's plan. don't tell my friends at club i'm in favor of some of that, but i think attacking the base cost, that is where it all begins. melissa: when you talk about the base cost, are you talking about the cost they're saying, there is that sticker price and it is not the price that anyone really

pays? >> absolutely right. melissa: you negotiate lower, there is rebate, what your insurance company says, talking about lowering the sticker price? >> yes. melissa: how do you do that? >> well you open up transparency another way, for instance, melissa, we are beneficiaries of some marvelous drugs. i'm probably alive only due to some concoction somebody is giving me but it costs money to develop those drugs. melissa: right. >> and it would be foolish to expect companies to do it and not be able to recover their capital costs. we perhaps should have a price composed of the price of the actual little pill, and the cost of the investment and the costs to develop that. melissa: that is the cost but the sticker price is too high. what gets added in there besides

cost of r&d and cost of the physical pill? >> there are so many different little ad-on. marketing costs. we all know stories about the doctors being paid to write articles and all this sort of stuff. melissa: right. >> i think we should find some way to eliminate. the advertising of, you know, prescription drugs, being advertised to the general public, i don't think that makes a awful lot of sense. another factor, i like this in the president's proposal, focusing on the prescription. i go to chile a fair amount. i buy a lot of my medications a fraction of what i pay here. i don't need prescriptions for almost anything. having a prescription for plain vanilla price of the drug, that

adds to the cost. doctors visit to get the prescription, costs money. melissa: so you want to get rid of prescriptions? >> no. melissa: why is it so much cheaper in chile? why is it cheaper? you don't have to have a prescription? >> one of the reasons. they are not indeed paying fair share of capital cost that it costs to develop the drug. melissa: well he also said, getting stuff to generic faster. the problem with that, like you said, that disincents companies to invest coming up with new drugs. >> that is not totally true. they have a good long period of time where they have exclusivity to any drug they develop. you know, roughly 17 years. that is, that's a pretty good deal. you should be able to recover your capital costs in that period of time. melissa: okay. richard, i wish we had more time. we'll bring you back soon, thank you. >> my pleasure. david: boy the head of aetna goes to chile to buy his meds. that's news. melissa: that's telling. david: looking live pictures of the newest version of the space

falcon 9 rocket, the block falcon 9. set to launch first time ever in kennedy space center from cape canaveral, florida. it will try to lan on robotic ship off the coast. let's listen to the countdown. >> six, five, four, three, two, one, zero, ignition, liftoff. [applause] david: so far, so good. you hear in the background the cheers of the space engineers on the ground in kennedy space center. let's listen in to mission control.

[inaudible] >> you saw falcon 9 liftoff in beautifully clear shot there at 4:14 p.m. t-plus 10 seconds. stress vector control system -- >> vehicle is supersonic. >> it has a pitch kick manuever to go sideways. you heard we're going supersonic and max q, when the rocket is pushing hardest against the atmosphere. [inaudible] [applause] david: there it goes. ever seen one in person? >> successfully achieved the major milestone of every rocket launch. we're decreasing the thrust in our engines a little bit around max q to minimize some of those

forces. david: the sound and power from your stomach doesn't stop for three or four minutes. >> main engines will cut off. two stages will separate. the second stage will start its merlin vacuum engine. melissa: people at home, it takes about eight minutes before it lands on this robotic ship or platform. we're listening in the meantime what is going on here. this rocket is an upgrade from the block four. the block five is supposed to be able to be reused 10 times. the june before this just reused twice. that is another innovation. >> the other good thing about the block five it was designed to meet nasa's requirements for crew carrying. that is to say, once spacex is able to put a crew into space, this is the rocket that will carry it through the atmosphere to its destination and orbit. so it is very important test. [cheers and applause]

there it goes. melissa: that satellite we saw release -- david: i think that was release of the first stage. melissa: that was first stage? david: that is the first stage. that is the stage of the rocket that is going to be hopefully landed on this ship. that is a drone ship. it is not a manned ship. and you know, these reentries don't always work but it is amazing when they do, when they nail it. we'll see in just about, let's see eight minutes from the time of liftoff to the time it lands on the ship. it took off at 4:14. so about 4:22 eastern time when it will land. that is about three minutes from now. >> the other mission of this was to launch a satellite for bangladesh today, a communications satellite for the bangladesh-think government. [applause] david: the cheers are going up

for every stage of the launch. whether release of the first stage of the rocket that propelled it into space and various details what is happening now. let's listen. >> no longer need them once we get out of the atmosphere. >> -- over bermuda. >> for those of just joining us we had three events in rapid succession. we had main engine cutoff from the first stage. we had a stage separation event and second stage light. followed by a ferrying separation. everything is going great right now. falcon 9 is looking pretty good. go over what we see on your screen. on the left-hand side, that is a camera mounted on top of the first stage of the rocket looking down towards the nine merlin engines at the bottom.

you can see the titanium grid fins. they slowly deployed after stage separation. those fins will allow the falcon 9 first stage to guide itself back down towards the drone ship. of course i still love you. you can see brief flashes of those cold thrusters provide additional control authority for that first stage. on the right-hand side of your screen is camera mounted at very bottom of the second stage looking down toward the merlin vacuum nozzle. at the very end of the stage is the satellite one. that vacuum engine is glowing red hot with the exhaust gases. david: once again, we'll keep it up. on the left side of the screen that is the first stage of the rocket. it is getting closer to earth as the rocket in space, the second stage going further away from earth, getting into the orbit stage. on the left of the screen, we'll see, about a minute from now, or two minutes from now, when it is due to land on that drone ship.

it may make it, it may not. we'll keep that picture up, move on to another subject, but keep that picture up so you will be able to see as it approaches earth. see it on the left side of the screen getting closer to earth. keep your eye on that. a stunning revelation in the "washington post" this week that the fbi has employed a top secret intel source that was apparently operating within the trump campaign. now that story was fleshed out by our next guest who writes in her "wall street journal" column today, quote, this would amount to spying, and hugely disconcerting. it would be a major escalation from the electronic surveillance we already knew about, which was bad enough. now we find it may have also been rolling out human intel john leclare style to infiltrate the trump campaign. here is kim strassel, "wall street journal" editorial board member and fox news contributor. kim, if you hear me shout, because the first stage of the

rocket made a pinpoint landing on the drone ship. that will happen about minute 1/2 from now. let me ask you quickly, first of all, why was it -- has the government ever, the u.s. government ever been involved in a program where it plant ad spy in a presidential campaign? >> i can't think of any example. these tactics if turn out to be true goes back to the hoover days when the fbi was keeping track of people in politics. regard let's of motives, this is huge escalation so far. when did he or she begin operating within the trump campaign? why is the timing important there? >> key question. we don't snow. that is one reason why the house intelligence committee is seeking documents to establish, a, this really did happen, and

b, the timeline. why the timeline matters is this. because the fbi has been sticking to this story that the reason that they started a counterintelligence investigation into the trump campaign because of a tip got about junior aid george george papdopoulus, and emails. that has not struck us as very legitimate or plausible. the question if this source was in any way surveilling or interacting with the trump campaign before they got that tip, it would mean that is not what started this. they must have had some other reason to be watching the trump campaign. we still don't know what that is. david: we could know, could we not, if president trump decided to declassify all the stuff, while at it, maybe the fisa warrants? >> and he needs to do so. look what we're discovering through all of this, including this latest resistance at department of justice to let the head of the intelligence committee see documents, is that

the justice department and the fbi are -- david: excuse me, kim. i'm sorry to do this. melissa: my goodness. they made it. david: you heard the cheering. you see it now. that first stage of the rocket has landed successfully. this is the block 5. melissa: elon musk said in the past, this is like trying to land a pencil on its eraser. that is the equivalent of that challenge. david: that is extraordinary. almost within the circle. within the white circle. almost a dead on bullseye. just a couple feet from a full bullseye. that is good news. there is the man whose vice you've been hearing, been bracing about it. there are bragging rights that are deserved here, not only from a scientific perspective but from a business perspective. they're not doing this for free. they're getting paid by a foreign government to put the satellite up in the air. this is a business venture that succeeded spectacularly well. melissa: this is the pride and

joy of elon musk. this is private industry getting in and working in the space program. david: axe -- absolutely. melissa: an incredible accomplishments. david: from the sublime to ridiculous, and kim, this is not ridiculous, this whole thing we're involved, finding out the way the u.s. government involved in the trump campaign apparently as a spying mechanism. the question of why the president doesn't declassify is fascinating one. rush limbaugh weighed in on this today. he suggested that it may be more than just concern that the president has being accused of obstruction of justice. that there is something else afoot. let's play the rush limbaugh take. get your take on that. go ahead. >> robert mueller doesn't have any power whatsoever to get rid of donald trump constitutionally, and they're not going to try it that way. this is all hue humiliation,

embarassment, raising negative numbers hopefully to make him resign. that is not going to happen. trump knows it is not going to happen but analogy he is david, they're all goliath. we know how that story ends. david: so kim, the point is, that there is nothing there. the press is looking more ridiculous. the democrats are looking more ridiculous as they concentrate on this. rather than trump's numbers going down they're going up. perhaps the president wants to elongate the process which these people are making themselves look ridiculous? >> well, look the president has been out and what's his main challenge going into these midterms? both unifying his base and energizing them. i think what you are seeing that now that he has become openly talking about this as a witch-hunt, exposing details that came out embarrassing for the fbi, humiliating for the department of justice and their prior leadership, we see polls out there showing a lot of

americans, expressing a lot more skepticism, so mueller poll and mueller work, and a lot of people feel they need to unify behind him and his candidates in the midterm. david: you agree with rush, in fact in this case he is painting himself successfully david against the establishment goliath? >> well he is doing that but the question i think we all have, would it still not be better to declassify this as soon as we could? to the extent that we could? the country lived under this cloud for a very long time. we lost a lot of important faith in institutions like the fbi and the department of justice. many people there by the way who do very good work. the only way we'll ever put us behind us for everything to get out and people to judge it for themselves. and then for some judgments to be made and promises of renewal going forward. david: we wouldn't be able to judge it as well as we can if not for your work. keep up the good work. thank you for being here. kim strassel.

>> thanks, david. melissa: secretary of state mike pompeo wrapping up a news conference with south korea foreign minister. what it means for president trump's planned summit with kim jong-un next. there's nothing small about your business. with dell small business technology advisors you get the one-on-one partnership you need to grow your business. the dell vostro 15 laptop. contact a dell advisor today. same thing with any dent or dings on this truck. they all got a story

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melissa: secretary of state mike pompeo making his first remarks since landing back in the u.s. with three american detainees held hostage in north korea. here now with the latest details is our own edward lawrence. reporter: this is his first news conference as secretary of state. first time we hearing from mike pompeo after the second meeting with kim jong-un, the north korean leader. he says the u.s. will meet with that leader president donald trump will meet kim jong-un on june 12th. the u.s. wants to make sure there are tangible steps are taken to denuclearize. once those steps happen they will help make north korea prosperous. look what it is like to be in the same room negotiating with kim jong-un. >> yes, we had good

conversations, substantive conversations. conversations that involve deep, complex problems, challenges, the strategic decision that chairman kim has before him how it is he wishes to proceed and if he is prepared in exchange for assurances that we're ready to provide for him if he is prepared to fully denuclearize. reporter: the mantra is verifiable. they want to make sure there are tangible steps. they're seeing satellite images of north korea taking down extra buildings at the nuclear test site. still the south korean foreign minister says she wants proof. >> i think we're very clear that the sanctions remain in place until and unless we see visible, meaningful action taken by north korea on the denuclearization track. reporter: the state department says there has been some good faith efforts being taking place. as you know the three hostages that were released. melissa. melissa: wow. edward, thank you for that. david: here to react is anthony

tata, retired general and author of reaper, ghost target. thank you for being here. that was extraordinary press conference of our new secretary of state. i want to play a little sound bite which needs to be unwrapped by you. play the sound bite of pompeo. go ahead. >> if north korea takes bold action to quickly denuclearize the united states is ready to work with north korea to achieve prosperity on par with our south korean friend. david: that last part is extraordinary. the fact that we want to turn north korea into what south korea has become. i mean that's extraordinary. is it possible first of all? >> well, david, it makes complete sense to me. they're the same people. i've been in the dmz. i've been in south korea as a lieutenant, a captain and general. many families are split by the 38th parallel. david: that's true. >> that makes sense. south korea is a economic powerhouse built in our image

after capitalist society and there is no reason these people in north korea given the right tools can't do the same thing. david: but there is a question how it would be absolute complete transformation of north korea much when you look at nighttime satellite photo of korean peninsula. you see a black north korea. and a lit south korea, that, i don't know if you can tell, china is on the left. south korea is on the right. and north korea is the black space in the middle. the only point of light is the capital of north korea. how long would it be to turn that around? >> you would have a lot of infrastructure bidding to do. that would be good for business. president trump is all about business. and so, you know, the important thing to remember here, david. kim jong-un came to power. one was to be nuclear power. one was to be economic power. his father and grandfather only came with one vision, the

grandfather, to be a self-reliant regime. david: right. >> father to have a powerful military. kim jong-un may have come to power willing to trade away one of these two items. david: i don't know. it's a big gamble. you may be absolutely right. let's hope you are right. it would be tremendous to have peaceful peninsula instead of one at war since the 1950s. think about the north korea military. it is not just the nukes. they have 1.2 million men under arms. they have thousands of tanks and artillery pieces, et cetera. do you think that kim would be willing to give all of that up? >> well i think the artillery pieces are the key there. every simulation we ever run, they're the threat, they're the threat to seoul. 20 million people under umbrella of north korean artillery across the border. so all of that has to be on the table. getting detainees back is good

first step. shows they're serious. david: sure is. >> i was a cadet at west point and u.s. hostages were kept at west point and debriefed there. what a roarable moment. david: that is similar to that. that is good analogy. >> exactly right. very similar. next step now to have meeting in singapore and lay out a timeline. i'll tell you what, if we start to denuclearize north korea and build infrastructure in north korea, what a great opportunity for the world. david: absolutely. >> you can get, we've applied diplomatic information, military and economic power to achieve this, have china and russia voting yes on sanctions. i mean they usually abstain when they agree with us. david: like the end of the seven yet union it is something i never thought i would see in my lifetime. general, i'm sorry, because of breaking news. we have to end it there. great to have you on. see you soon. >> will do, thank you. melissa: here is another look at

the dow closing higher for the 7th straight day. this is the longest winning streak in six months, ending the week up 2.3%. it is the best week since march 30th. david: yeah. melissa: s&p since march 9th. david: farmers are going nuts. we'll explain. melissa: have at&t south help fromng president trump's personl lawyer. nowek the company is facing the . (siren wailing) (barry murrey) when you have a really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. we call that the golden hour.

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what's in your wallet? david: forced out for a shady transaction. new fallout from at&t's $600,000 payment to president trump's personal attorney michael cohen. adam shapiro is live in the newsroom with the very latest on this story. hi, adam. reporter: david, the person out is bob quinn, the chief lobbyist for at&t in washington, d.c. randall stephenson the ceo of at&t, announced mr. quinn was retiring, along with many other revelations. in a memo to every at&t employee worldwide. now this memo comes at a time after admitting they paid $600,000 to president trump's attorney, michael cohen. they said they hired cohen as a political consultant. this issue came up during the press briefing today with press secretary sarah huckabee sanders. here is what she said? >> i think that this further

proves that the president's not going to be influenced by special interests. this is actually the definition of draining the swamp. reporter: but there are problems for at&t. mr. stephenson saying in the memo, this is a quote, our reputation has been damaged. there is no other way to say it. at&t hiring michael cohen as a political consultant was a big mistake. and randall stephenson goes on to say everything we did was done according to the law and entirely legitimate but the fact is our past association with cohen was a serious misjudgment. in this instance our washington, d.c., team vetting process failed and i take responsibility for that. there are no negative repercussions for him. mr. quinn is out. at&t giving a few more details about robert mueller whose investigators contacted at&t about their relationship with michael cohen back in november and december of last year. stephenson says at&t has cooperated fully with the special counsel.

david: might not have been illegal but certainly a little swampy. that is the bottom line here. adam, thank you very much. did you ever see the movie, "thank you for smoking"? melissa: it was about lobbyists. david: i encourage you to watch it over the weekend. it's a great movie, written by christopher buckley, bill buckley's son. "thank you for smoking." you will love it. melissa: israeli prime minister benjamin netanyahu says iran crossed a red line. will the violence continue to escalate in the middle east? ♪ mbc doesn't take a day off, and neither will i. and i treat my mbc with new everyday verzenio- the only one of its kind that can be taken every day. in fact, verzenio is a cdk4 & 6 inhibitor for postmenopausal women with hr+, her2- mbc, approved, with hormonal therapy, as an everyday treatment

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david: on the brink. tensions in the middle east rising after israeli strikes on iranian targets inside syria. are israel and iran heading for all-out war? with more from jerusalem, benjamin hall. hi, benjamin. reporter: hi, david, it has been a very busy few days, today there is sense of calm. in the wider country sense there is a shift, pushback against

iran who have been encroaching on israel's borders a long time. we saw that in a big way with military strikes, coordinated strikes carried out by israel against iranian targets. the defense minister said they destroyed almost all of iran's military facilities in the country, 70 different strikes targeting 50 military sites. u.s. an russia were notified of he have offensive, hitting iranian military sites and rocket launchers. those were retaliation of iranian rocket fire into the golan heights. iran responded with fiery rhetoric. the supreme leader khatami, with chants of "death to america" and death to israel, warned that tel aviv and haifa will be destroyed if israel acts foolishly moving forward. israel facing major protests at gaza border where thousands of palestinians gathered. they have done every friday for six weeks, leading up to this tuesday, which will be a big day

indeed. marks the palestinian -- when israel was established. opening of u.s. embassy in jerusalem. controversial move by president trump to recognize jerusalem as capital of israel. a very big day. big celebration in israel but very controversial. back to you, david. david: safe travels for the president's daughter. benjamin. thank you very much. melissa. melissa: here is mike baker, former cia officer. start with the escalation that is going on right now between these two countries. what do you make of it? >> well, look, every nation acts in its own best interests. in neither iran or israel's best interests to allow it to escalate into a full-blown conflict. it was interesting because it was, i guess the day after president trump had scuttled iran deal that people wanted to draw a direct line to iran's launching attacks at israel, look, this is what happens when

you step away from this deal. reality is, iran for the past few months now has been busy escalating their movements of military hardware, gear and personnel into syria. they have been actively engaged in setting up permanent bases in syria. and so, this has been a problem in the making. israel has been escalating their attacks against that effort over the past few weeks. so this has been bubbling away on the surface. melissa: you don't think there is a connection? >> well i don't think there is a connection to scott link the iran deal, no -- scuttling. what we've got is iranian increasingly encroaching in the middle east. they have greater influence in the middle east than they have had in modern times. whether we're talking about establishing bases in syria or talking about their actions in lebanon, yemen or elsewhere, i could say the iran deal in a way emboldened them. melissa: that was how they used the money.

the whole idea they were going to get money back and trade was going to open up. as a result the country would become westernized and people would realize they could have apple phones and coca-cola. that would bring them around to the west and overthrow the mullahs in this regime. instead the people haven't gotten any benefit of money. it in fact has been put into military operations. that is the flip side of the argument. do you think there is any truth in that? >> the cued -- quds force, primary driver of iran meddling in the region and around the globe, the quds force is deeply emmeshed into every aspect of the iranian economy. when you talk about the money that money is not going into community projects. that money is monitored and in part divvied up by the quds force. it is used to further strengthen their proxy actions through hezbollah and others.

netanyahu was in moscow. part of the reason he was in moscow to deconflict with the russians. enough is enough. we have to take action against iran. the russians have their own interests in syria. this is interesting, it is very interesting dynamic because the russians only have so much influence over iranians. they will not be able to tell the iranians what to do. melissa: mike, i could listen to you all day but we're out of time. >> thank god you don't have to. melissa: we like you. david: always smartest person on the channel. meanwhile, bracing for a nutty problem why california almond growers say every one loses if trump's tariffs go into effect. we have details from almond country in california next.

david: some high steaks trade negotiating, negotiations are

affecting almonds as trump administration decides to impose tariffs on chinese goods. one farmer could face unintended consequences. we have hillary vaughn in al month country, right? reporter: hey, david, yes. kern count where i am right now is the largest exporter of almond in the world. i talked to several almond growers. they tell me these tariffs are not only bad for the u.s., they're also bad for china. they already causing problems between chinese buyers and california suppliers. >> this is not only hurts the american farmer but it hurts the china consumer. not only will it hinder supply a little bit. but their cost of food will go up because of it. the biggest impact to us under these tariffs the lack of a marketplace. we'll have to develop new marketplaces to sell our crop. reporter: growers tell me there

is one country though benefiting from these tariffs, australia. they are the number two all monday exporter. they are in place to scoop up u.s. supply overseas. the country just closed a 0% tariff deal with china. that puts growers here at huge price disadvantage because california nuts are 25% more expensive. but the good news is, australia can't single-handedly meet demand in china without pulling some of their nuts without other parts of the world, which opens up huge opportunity for growers here to expand into untapped markets like indonesia, south america and korea. now some farmers i talked to here see these ag tariffs as not an economic tactic by china but political attack against president trump's base. he won kern county by several points in 2016. they say this is all politics. david. david: thank you very much. you know where i like almond

best? my ice cream. ice cream and almond. melissa: i like raw almonds. keep them in my desk. perfect snack. ice cream fans brace your heavily, you might want to hoard pints in your freezer. we'll tell you why. ♪ .. ..

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