former fed vice-chair alan blinder has an answer. he joins us in a "first on fox business" interview straight ahead. liz: plus the president meeting with ceos on finding out how to bring manufacturing back home and strengthening what we do have already here. we're talking to the ceo of connection. he was with the president. what ideas were proposed? does he think the white house was receptive? why did he move his business back to the u.s.? we'll find out. david: "godzilla," the movie that liz had a chance to see. she wanted to but her husband didn't. stock stomped out the competition this weekend the looks like it is also symptomming out japan's market. one of the worst in the world right now. one strategy says buy. now is the time. buy low, sell high. he will tell us why and where you go to play that bet. liz: we want to hear from you. don't you love "godzilla"? no, that was me. is today's rally led by the fed's commitment to keep the money coming along very easy, very dovish? tweet us fbnatb. we'll have your answers coming up. ♪. o

this is so much more dovish than alan blinder was in "the wall street journal."tion is never going to happen. ier in heard a fed official say that. >> well modest inflation is going to happen. they want to get up to 2% on inflation and looks like they're headed that way but, you know, this is uncharted territory. >> sure is. >> that's why i press on him for these questions because this is high-wire act for fed. part two coming up in couple more minutes. stay tuned. david: incredible. peter, thank you very much. also coming up don't let the political headlines out of china and russia scare you off. a lot of smart money is flowing in as panicky investors are getting out. we'll tell you exactly where to put your money. liz: founder of crumbs bake shop, those incredible cupcakes, cooking up a new venture, for people's appetites with something different. we talk with jason bauer and how he expects to disrupt the entire new york real estate industry. ♪. [ female announcer ] who are we? we are thinkers. the job jugglers. the up all-nhts. and the ones who turn ideas into

alan blinder, who was the -- who was with the federal reserve when alan greenspan was chairman. he was at princeton. them during before testimony was, what do we need to do to make real progress with deficit to -- deficit production -- deficit reduction? blender said the a hundred pound girl in the room with health care costs. i asked him what we should do about it. i will never forget what he said. he said, find out what works and do more of that. do you mean find out what doesn't work and do less of that? and he said, yes. for the folks before us today department wide, i have said this several times. i will keep saying it. we have an idea of what works, because we have seen dhs go through this successfully. asked them repeatedly what they can learn from the department of homeland security. some answers and some did not. the department of defense take for action and improve their opportunities to get to refusal speed and carry beyond that? do you want to go first, please? carper, i'm somewhat familiar with the department of homeland security. one of the key leadership -- key el