call them speculators but to each is own right you think they've been a good thing or do you harken back to those four trading days when things might have been better. well for me it's because we're always better on the floor it was a great rush and it was a wonderful place to be but i know this is a lot of conversation for another show but i think today really shows the problem when electronic markets come in and the algos kick in there is no way the average person on the trade or ameritrade that's putting their orders and can hit that button and make a decision fast enough to curtail their losses and training is very simple it's all about critelli your losses and running your winners and that makes it very difficult when markets go down they go down fast when they go up they can go up fast too so it's a double edged sword david greenberg founder and dreamer a catheter executive committee member of the new york mercantile exchange in the path thank you for joining us david. thank you good to see you. and more energy when we return but as we go to break markets continue their curious correction the

dow when just dow jones industrial average dropped by one thousand one hundred seventy eight points today that's following friday's six hundred sixty point one we saw the largest intraday dow drop in history good history keep in mind that the dow was up in january year over year thirty percent in january alone so five or ten percent is still you know we're still up and somebody predicted this thing i predicted it but i didn't think it was to come this fast in this serious as we go to break here are those numbers after the closing bell. despite its time going into history the soviet union you know has dominated international sport however this was not about the use of those champions from the . sort of you know. right now on the children.

there with the ball for your good news your brother describe what your group is going to show there's a good example for you if you were to the first some of you to limp with nine hundred fifty two with some good seeds of it was concentration camp prisoners and front line soldiers sort of sure there may be abuse and that's good we hear what you're up to you guys are much too good an issue. because you're more like you're in for the ones who. go if they're going to have a cross with you if you think that. we're going to go with. the variations you'll push through. enthusiasm over what you do when you're at the mission. pretty thing you're well aware there's your country are in the movie a rising star can we. apply

for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch put the final school it's about the passion from the fans it's the age of the superman each of killian erroneous and spending two to twenty million one fly a. book it's an experience like nothing else want to because i want to share what i think of what i know about the beautiful guy migrates a woman chimes for. and makes this minute. level one hot selling you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battle to fix all. the new fox product tell

you that fluffy gossip in public by falsehood the most important day. of the hof advertisements how you think you are not cool enough to buy their product. all the hawks that we along with are on the watch. here's what people have been saying about rejected in the senate is. the only show i go out of my way to the times you know what it is that really packs a punch. is the john oliver of r t americans do the same we have apparently better than that. and see if anybody had ever heard of love back to the night president of the world bank. and this is really seriously send us an e-mail.

back with more foreign energy in policy news president trumps nominee to head the council on environmental quality c.e.q. kathleen hartnett white has officially withdrawn her nomination from consideration her denialism on climate change had generated stiff opposition west over three hundred scientists wrote to the senate to oppose the nomination saying that quote this is not a partisan issue it is a matter of scientific integrity. and meanwhile tesla's announced that they will partner with home depot to sell their solar roof panels and home storage batteries directly to consumers the roof panels are designed to resemble a normal roof while the battery call the power wall is designed to store the charge from the panels to power at home when the sun goes down tesla says

a battery can also prevent an interruption of power to your home in case of an outage home depot is the largest home improvement outlet in the country with over eight hundred locations at first tesla employees will be in home depot stores that display booze or will be taken directly by home depot staff and after the initial promotion the solar panels and batteries will be in regular home depot. inventory. here to discuss solar energy and the sort industry is nick campanella the c.e.o. of sun pacific nick thank you for being here i mean what is the general state of the u.s. solar energy sector right now and how's it doing compared to smaller companies internationally great thanks for having me the u.s. solar jamey so you energy sector right now with a little bit of flux facing some uncertainty as

a result of the tarot if. it was generally set up to shift the production back into the united states and support local manufacturers we clearly see it pushed to level the playing field with this tariff. if you had to explain the tariff for our viewers who don't who don't know i'm aware they did a tariff on solely to a tariff on washing machines i believe but explain how the solar tariff for our viewers is basically the ministration pass that thirty percent tariff on any solar panel imports from overseas basically that the tariff is a step down scale where it will level off after four years to about fifteen percent . ok fifteen percent all right so just a week after the president announced that tariff that juncos sall are announced that day and there's a chinese company i believe would build a plant in the u.s. i mean that's not necessarily is that the reaction that we thought was going to

happen with regard to the tariff. well it's pretty practical you know a lot of these solar manufacturers are already currently relocated into the united states you know they would go solar is right now currently probably thinking about doing the same they're looking at the tarot the falling dollar and the number of considerations to i guess be closer to their customers when you when you take a look at the level of automation in manufacturing that they have i think strategically we believe that that would be a good decision on their part to be able to manufacture and create jobs here in the u.s. if you tell me a little bit about the number of solar related companies and the number of solar related jobs in the states right now nick. right now the predominant is in a manufacturer it's very limited in the united states i believe there's probably

about three or four manufacturers here currently the predominant. structure for us in the u.s. is the installation and the man management of these solar and renewable energy projects so i mean if you think about places in the world and you think about you know the middle east and obviously they have their their own energy source with with in the ground there but it's there's a lot of sun there's a lot of sun and africa and some other parts of the world but we've got a lot of sun in the in the southwest eccentric how does the u.s. stack up as in terms of potential for use of solar energy going into the future genetic. well solar is a great aspect of providing renewable energy there's a lot of other renewable energies that we're looking to work with waste to energy wind turbines geothermal so it depends on the location for you know getting the

most aspect from the solar products and solar panel production and what do you think are that are sort of the biggest challenges for the u.s. solar industry. well primarily we're looking to be able to expand the solar footprint and reduce our carbon. usage right now i think the ideal opportunity would be to have more federal mandated products that are available for the u.s. solar installation and renewable energy projects to be developed and expanded by being able to take advantage of some of the tariff and using that tarot funds that have been collectively accumulated over the years to help finance some of the local and state and federal projects that we're looking to develop here in the u.s. well i mean the you know the administration doesn't seem to inclined to mean they're all about you know the beautiful and glorious clean coal which i'm not sure

i mean coal is fine but i'm not sure how beautiful and glorious that is but i guess if your jobs depended a pointer it is but so i don't think they're going to go down the road nick and probably you don't either of you know mandating you know certain businesses have smaller exciter but one way to deal with it might be something i'm sure you're familiar with and they tried it here in the u.s. a long time ago and that's a cap and trade where you actually have to meet certain mental standards and you can sell credits if you're good environmental citizen or business to perhaps those beautiful glorious clean coal plants that maybe aren't so beautiful and glorious when you talk about global warming what do you say about cap and trade neck. i believe that that's a great way to tackle the needs that we have in the us and by being able to you know expand on those types of programs is what we would need to be in a very necessary you know green energy and solar not something that is going to go

away but will continue to grow and become. a dominant part of our local energy grid for. that was nick campanella of sun pacific energy now with more on energy and renewables we're joined by tyson slocum the director of public citizens energy program tyson thank you for being with us again always great to be here bart ok so let's talk about our overall mix of energy i mean we talk about oil we've talked about solar is it a good thing that we have all these different this panoply of different energy sources out there well definitely having all of the above fuel mix like we do in the electric power sector does have some benefits in terms of being able to draw upon all these different fuel sources whether they be renewables natural gas coal or nucular but the fact is where the trends are going in terms of market penetration and cost effective fuel sources it's really being dominated by

renewables and by natural gas and on the transportation side obviously oil right now dominates for fuel source but increasingly especially all these pledges we're seeing from auto manufacturers the market impact of a tassel electrification of the transportation sector is the next big step and we get to that in just a minute but i will go back to fracking for just a minute i know you've seen the graphic we showed earlier when when ashley banks was here that graphic of corpus christi in austin which shows that the eagle ford fracking locations are just about as bright as the cities. you know how is that is that impacting not only energy prices but the environment. and also you've got a there's other place in the country too yeah of course i mean fracking like any extractive industry has significant environmental impacts whether it's water you know you use about six to eight million gallons of water per frack to well because

you're injecting this water mixed with chemicals and particulates like sand to do the frac then of course because there isn't robust natural gas infrastructure to pipe out the natural gas that comes up with a frakt oil well in eagle ford you're flaring off. a large amount of the natural gas in the eagle ford as a waste byproduct that's part of what you're seeing in those satellite images and so that obviously has a negative to it well you've got this energy that may be less expensive but then you are burning it off and that's also going in to the atmosphere and in some cases i guess into people's sinks if they're going to burning it off and they're saying absolutely yes we have seen a number of well contamination issues across the country and then of course when you want to dispose of the millions of gallons of waste frakt water we dispose it in these deep disposal wells and those are causing seismic activity or earthquakes

particularly in oklahoma and in other regions where there's a lot of fracking going who they call those the zinc equinix i think that's right ok so let's go to renewables and go to tesla which is just you know going full speed ahead and other car makers are feeling the pressure also you know you've got in tesla you've got a speedy car that can really move and is battery powered is that trend going to continue and continue as we go forward absolutely that was one of the brilliant marketing strategies of tesla did we show the world that in all a vehicle could be a high performance desirable vehicle and really at first that was just sort of a bad. ads for wealthier individuals who wanted a status symbol it wasn't really a renewable energy company but with the introduction of the more affordable car even though they're having serious production bottlenecks that's really a recognition that the future of the auto industry is going to be increasingly

electric and so we've got to reconfigure elements of our infrastructure to accommodate that eventual switch and other other things outside of autos that will electrified transportation i mean high speed rail other things that will make sense absolutely and here in washington d.c. where i live you know i get to work every day on the electric powered subway system or metro so yet the electrification for transit isn't just for individual automobiles it isn't just for self driving automobiles it's also for transit operations you know earlier i talked about big glorious beautiful coal and i don't want to make too much part of it i mean people have jobs and it's an energy source and if they can make it cleaner than it is coming out of the ground that that to a great thing but you were telling me earlier about the national coal mining museum . let our viewers in on that right so the kentucky coal museum in the state of kentucky last year realized that they could put eighty solar panels on the roof of

the museum and generate electricity for cheaper than what they were paying the local utility which relies heavily on coal and so even in the heart of coal country to power of the coal museum in kentucky they are solar because it was the cheapest option and that's really what we're seeing across the country is that renewal bulls like wind and solar are increasingly the least cost option for consumers and for markets and that's really the revolution that we're seeing today tyson slocum director of public his energy program thank you for being here always my pleasure. and before we go bad boy bank wells fargo has been taken to the woodshed yet again this time by the u.s. federal reserve which has and this is part of it in force main action barred the

bank from the growing past one point nine five trillion dollars in assets as one analyst said the fed just put the fear of god into bank board rooms across the country we'll have more wells fargo tomorrow with erik reiber who has written about this strange set of circumstances and be sure to catch boom bust on you tube you tube dot com slash boom bust r.t. catch you next time. the u.s. is losing into a summer on the climate denying is precluding them from the dissipating in this new economy number one and number two the effects of climate change and why the catastrophes the global you know my current set are the result of it all this other problems are hurting the u.s. economy on the other side of the trade so you've got a double bind. seemed

wrong. why don't we just don't hold. me to these yet to stamp out these days to come to capital and in detroit because the trail. when something find themselves worlds apart we choose to look for common ground. i'm here. i'm here. a man who fought many great. in the great.

struggle against. drugs.

joining us here. being with us. now you may have spent more than five years holed up inside the ecuadorian embassy in london so you don't know songs they will need to wait another week to find out whether a warrant for his arrest has been dropped but soft hearing in the u.k. was postponed until february the thirteenth an associate cannot who's been at the court has all the details it was expected today that a judge would move here outside the court behind me to potentially lift the arrest warrant put in place by british officials in connection to the initial allegations made against julian a songe by swedish officials his legal team have been saying since since those were dropped it's time to drop the arrest warrant however the judge here has decided that at this stage this would not happen quite yet so this was technically the last

legal hurdle for julian assange to be able to walk outside the court or an embassy and not be arrested now there was certainly some confusion earlier on in the courtroom where the judge said that at this point she's not persuaded that the arrest warrant should be lifted and lots of journalists started to publishing headlines that the court had ruled against him and julian assange to want to twitter as he often does to say that this was big news and the hearing was actually continuing his legal team and julian assange himself have said time and time again that what's key and what he fears most is possible extradition to the u.s. let's take a listen mr sound remains willing to answer to british justice in relation to any argument about breaching bail but not a place in justice in america. this place appears and has always been about the risk of extradition to the united states and not risk remains real well it's also been made clear that even if at some point

a court here in london does decide that julian assange could potentially walk a free man his concern is some kind of guarantee of free passage again too with this potential extradition to the u.s. given that american authorities to. see the we are happy with the work we have been doing and have said time and time again that they want to see him on u.s. soil the united states do something to stop mr sausage. that right now this guy is a traitor a treasonous and he has broken every law the united states the guy ought to be and i'm not for the death penalty so if i'm not for the death i don't want to do it illegally shoot the son of a wiki leaks walks like a hostile intelligence service and talks like a hostile intelligence service ignorance or misplaced idealism is no longer an acceptable excuse for lionizing these demons legal team will continue to battle it out here at the courtroom in london it's clear that what's key in terms of what happens to julian assange will largely depend on any guarantees including from the

us that he would not be taken there and this is continuing to be a major hurdle despite what happens here in london depending on the decisions that will come possibly as early as next week on february thirteenth. given the scale of the revelations wiki leaks has published against the united states so little wonder many believe washington is keen to get its hands on him for instance wiki leaks expose the truth about torture at the guantanamo bay detention camp as well as damning u.s. military logs on the war in afghanistan the company also leaked the cia's spying tolls as well as materials such as this. to traffic two sixty. three zero two three two nice. video you just saw was called collateral murder by we can leaks it shows how american helicopters gunning down more than

a dozen iraqis more recently the big story was obviously with e-mails which has been suggested to help trump when the u.s. presidential race based on human rights campaigner believes these revelations could easily see a song. extradited. there's no doubt that the bottom line in the assailant case is the very serious and likely risk that he would be extradited to the united states to face a whole raft of very serious charges including espionage which can in theory carry the death penalty and at the very least he can expect forty years in prison and possibly life imprisonment so it is totally understandable that as a rational human being journalists aren't would not wish to step outside the ecuadorian embassy when that risk of arrest and extradition to the u.s. hangs over his head the british actor laurie love who on monday won his fight

against extradition to united states visited julian assads at the embassy the man is accused of carrying out cyber attacks on the f.b.i. and nasa among other organizations while wiki leaks is also known for publishing classified information about american politics and the work of its security services clearly the two men have a lot of call and had plenty to discuss speaking to journalists love said he wished the science luck in his case. a five year is holed up inside a smaller missile left plenty of time on asar just hands of course it's a good thing he's had plenty of friends over to visit.

and. thanks. to our. thanks. to our. thanks. to our. u.s. republicans have released a document alleging the man behind the trumped russian dossier was not only funded by the clinton campaign but was also fed information by mr steele's memorandum states that the report was information that came from a foreign sub source who is in touch with a friend of the clintons it is troubling enough that the clinton campaign funded mr steele's work but that these clinton associates were contemporaneously feeding mr steele allegations raises additional concerns about his credibility. now the

so-called trump dossier was compiled by former british intelligence officer chris steele and claims to establish strong links between russia and donald trump during the twenty sixth election the steel dossier was criticised for containing flaws and being unverified it was still reportedly used though as the basis to structure to secure the surveillance on team from it became an important part of the investigation earlier it was revealed that documents could have been funded by the campaign of his rival hillary clinton if the latest claims that clinton affiliates also fed information to its author turned out to be true but this could potentially undermine the entire collusion probe oh but did we catch them in the act or what you know and i'm just did we catch them in the act they are very embarrassed they never thought they really get caught we caught them basically you have a opposition research which proves to be propaganda and not even factual information that led to the appointment of bob mahler to investigate trump for

russian collusion that appears not only not to have happened but to have been invented by the democrats paid for by the democrat national committee and the clinton campaign and now they're investigating trump i still think the funniest part about this is they want to say trump well we couldn't find any collusion so it must be obstruction of justice that he fired the former f.b.i. director what was he obstructing if there was no justice to be served because what they were investigating wasn't even true i think that's laughable all the republican party earlier released the memo outlining a potential bias on the part of the f.b.i. and the department of justice and it's trumped russian probe of the document faced criticism from the democrats but republicans now say that investigation will proceed to encompass even more branches of the government. yes so let me get to that so phase one of our investigation was just getting to getting at the. what

we're looking at now is the state department and some of the irregularities there some of the most vocal critics of the memo have been the washington post the new york times the journalism is currently the subject of a new film. explains that in this report journalistic values change over time. the washington post and the new york times once established themselves as shining beacons of true journalism a brave group of reporters who would stop at nothing to find out as much as they can in their quest for truth but i'm actually talking about the seventy's back then new york times and poster as risk jail time by publishing classified documents on the war the new york times begins its explosive series based on the pentagon papers publication of a covert version of the war recount due to much of the optimistic talk that permeated officials to. now daniel ellsberg leaks the documents to the washington post you want to learn.