the power to create money out of nothing and give it to men and expect that power not to correct the asman. i don't care whether they be bankers are politicians, you give that power to anybody and eventually they will be corrupted by it. the tour reserve system is a cartel, and i think america needs to abolish it before it abolishes america. >> is that possible? >> is not politically possible now because the average person does not understand it, and said it would not support a move, but it is becoming more possible. with the passage of every month and certainly every year and more and more people waking up to the fact that our banking industry is based upon fraud and that these bailouts and all these stimulus programs that are being done with this newly created money, this is not helping the people. it is pondering the people. as more and more people, it becomes more and more politically possible. right now i don't think it is, but when i look from some years ago, practically zero interest and the topic, and now we have demonstrations. end the fed movement, and investigate the fed to audi

neil: thank you joe bastardi we have david asman. does not have to be bad to be expensive. >> 75% of oil production has been shut down in preparation. it is coming but you have to prepare for the worst. the oil companies have to walk down right now. fair airing on the side of caution. but 25% of all oil production comes from the gulf. 44% of all the oil turned into gasoline comes from the gulf. now mentioning venezuela this second largest in the world had to be shut down with a deadly explosion. gas prices will surge now. they would do that anyway. with venezuela now tropical storm i sick from it is a sensitive topic. you don't want to seem unseemly to the human harm the romney will talk about the energy platform. the u.s. canada and mexico becoming independent by 2020. it might be a good time to bring back up. neil: david asman is in a york pushing back everything by one day but that did not stop the marquee speakers to show up to try out the podium among them governor crist christie doing the keynote address and now coming out he w

david asman, thank you very much. meanwhile, to the moon. >> and my disappointment who -- i can't understand when i watched some of the decisions that they made. neil: close, very close. the last man to walk on the moon is upset at the oval office. put on your helmets, this is where you get bumpy you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the deliciousness you desire. the brownie of your dreams is now deliciously real. the brownie of your dreams it's something you're born with. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believ

david asman, thank you very much.hile, to the moon. >> and my disappointment who -- i can't understand when i watched some of the decisions that they made. neil: close, very close. the last man to walk on the moon is upset at the oval office. put on your helmets, this is where you get bumpy chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. of using toothpaste to clean their denture. but dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why dentists recommend polident. [ male announcer ] polident. cleaner, fresher and brighter every day. neil: in florida, home of all things space, all things america, they are big deals here. even the ones who ultimately

minimizing asthma, maintaining the asman task force, that we will keep implementing that my predecessors started, educating people on healthy lifestyles, exercise, healthy diet. we talked about the environment. it is about the food we are taking into our body, our stress level, and a component that is not often discussed as our mental health -- is our mental health. mental health and physical health factor into the environment that people are living in. it is in their home, it is in the neighborhood, it is the whole southeast quadrant. any way you guys sit up, we have had our disproportionate share -- you dice it up, we have

we've only got a couple of seconds left, let's go to david asman as with the dow jones industrials downd: one thing that doesn't tell you is the volume, 3 billion shares traded on the nyse index. we are doing fairly well in terms of volume but there is some conviction going into the downside, that seems to bolster the bears in the audience. let's go to nicole petallides at the new york stock exchange. after hitting the all-time highs yesterday, apple is kind of an example of what is happening in the market. a lot of people taking the profit off the table. nicole: at the same time we saw apple hitting a new high, traders are still betting apple continues to go higher ahead of the iphone 5 and ipad. liz: today they are outperforming again reacting to comments, does that lead us to believe that not much changes until august 31 when we have that event that they will continue to do well? nicole: that is true, they have really shown resistan

let's head over to david asman. dave: we were celebrating and have triple digit rally moments ago. lot off the triple digits but still a strong market. [talking over each other] liz: at the stock exchange. >> you can see where we ate today at the stock exchange. just a hint. [talking over each other] dave: what happened to triple digits? >> up 92 right now. a lot of money came back. talking to one of the specialists, telecom, media technology and a lot in that space and verizon the top performing dow stocks all day, at&t and sprint up-to-date. dave: amazon at an all-time high. that was great news. not such great news for auto desk. that was down 15%. >> profits were down. we will take that from amazon's third place. liz: you can give the rally most of the credit that the european central bank and federal reserve appear in different forms to jump in with some type of support for markets are countries that are in trouble. what are the traders saying about that? >> the central bank stimulus at 11:00 when we saw the market really take off. traders are saying first of all the e c b pres

let's go over to david asman. >> very exciting. hewlett-packard down about 10%.eports, we all have good coverage. liz: first, let's go to nicole petallides on the floor of the new york stock exchange. nicole, stocks reacted positively to the fed minutes today. the dow cut losses in half. what about it do that traders really focus upon? nicole okay. she can't hear me. can you hear me? david: [talking over each other] to your point, market wants, the headline on market watch right now, of course, this is rex nothing. ticket with a grain of salt. get ready for q e. three. that is the headline on market watch, and that is what turned the market around. it has pared some of its loss. it is still trading to the negative side, but imagine where it could have been had they not come to that consensus that, in fact, we are getting ready for foxbusiness.com. nicole is ready now. let's talk about retail stocks. williams sonoma which reported yesterday, seeing a huge jump today, at one time of 11% and is over 11 percent right now. also with american eagle hot. and getting rea

david asman with fox business the thank you, david. >> yep. jon: he is charged with murdering his third wife and he is under a cloud of suspicion in the disappearance of his fourth wife. there is key testimony today at the drew peterson murder trial. who is taking the stand against that former cop? we're live with details. >>> as the battle rages on in syria iran appears to be trying to shift the blame and reframe the crisis of the how that could impact the united states. and the world's growing standoff over iran's nuke program. that's next. i've been coloring liz's hair for years. but lately she's been coming in with less gray than usual. what's she up to? [ female announcer ] root touch-up by nice'n easy has the most shade choices, designed to match even salon coloin just 10 minutes. with root touch-up, all they see is you. or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. jon: right now some potentially pivotal new testimony in

hello, david asman. look, i have a friend. david: you have done about eight ho

all right time now to send it over to david asman and the very talented tracy byrnes for after the bellvid: when you said it makes pumps, tracy's ears perked up, not those kind of pumps, though. tracy: who do i know? david: now let's go to lauren at the new york stock exchange. of course lauren apple hitting another huge all-time high today, mostly based on what happened with that lawsuit against samsung which apple won. we will talk about that later in the show. but it was managing to pull the entire nasdaq sector positive although that might go down. who other stocks was -- what other stocks was it pulling positive? >> nokia most actively traded stock here at the new york stock exchange but also saw research in motion surge, google of course and its android rival operating system definitely with down arrows today. tracy: we've been talking about all day about tropical storm isaac shutting down 78% of oil output in the gulf. >> we're seeing a mixed reaction among the refiners. valero also got hit with with the explosion in venezuela over the weekend still continuing into today, that st

david asman, everybody knows one of the anchors at fox business.ge was set by paul ryan on the left, democratic side there was great criticism about the speech. >> i will say this to paul ryan's credit he gave a crowd pleasing speech. clearly had the audience on their feet at the very end of the speech. it was a rousing speech from a style perspective. he had humor. he hit all the marks but on a substance perspective it was filled with falsehoods, misinformation. fact checkers had a tough time going through the speech because there with so much in it not true. >> now we're fact-checking the fact checkers. i would say the game seter actually took place the night before, the first night, not because of mrs. romney. i thought she gave a great speech. not so much of chris christie. i think his speech was criticized. i think diversity of new talent. republicans have a new talent. very diverse, a lot of minorities. for all the charges we're hearing just broaching the subject of welfare reform, kind of same way bill clinton did in the 1990s is a racist th

at the asman security firm just in the past couple of days, the head of securities command, admiral mcraven, have observed that the national security risks have put lives at risk and may ultimately cost americans their lives unless there is an effective crackdown. i quote from admiral mccraven, the head of our special operations command, who says we need to do the best we can to clamp down because sooner or later, it's going to cost people their lives or it's going to cost us our national security. this is another national security issue, my friends, and the fact is that i appreciate very much the fact that governor romney rightly referred to these leaks as contemptible and a betrayal of our national interest. and i would like to point out to my colleagues that, yes, there are supposedly investigations going on and acorresponding to media -- and according to media, that hundreds of people are being -- are being interviewed. well, why don't -- i'm no -- i'm no lawyer, i'm no prosecutor. senator graham may have some experience in that. but what about the 2009 g-20 economic summit, when accord

at the asman security firm just in the past couple of days, the head of securities command, admiral mcraven, have observed that the national security risks have put lives

at the asman security firm just in the past couple of days, the head of securities command, admiral mcraven, have observed that the national security risks have put lives at risk and may ultimately cost americans their lives unless there is an effective crackdown. i quote from admiral mccraven, the head of our special operations command, who says we need to do the best we can to clamp down because sooner or later, it's going to cost people their lives or it's going to cost us our national security. this is another national security issue, my friends, and the fact is that i appreciate very much the fact that governor romney rightly referred to these leaks as contemptible and a betrayal of our national interest. and i would like to point out to my colleagues that, yes, there are supposedly investigations going on and acorresponding to media -- and according to media, that hundreds of people are being -- are being interviewed. well, why don't -- i'm no -- i'm no lawyer, i'm no prosecutor. senator graham may have some experience in that. but what about the 2009 g-20 economic summit, when accord

[applause] >> qana asman paul ryan delivered his remarks and to questions at the chicago economic clubfocusing on medicare, one of the key issues in this presidential election. we're looking back at the video library all of which is available to you any time. you can check it out on c- span.org. another significant budget issue he addressed, social security. >> what i propose is that -- a system of voluntary personal retirement accounts. there's three ways to fix social security. raise taxes, cut benefits, or borrow more money or grow the rate of return. there are two ways to grow the rate of return. at the government -- let the government invest the money or have personal retirement accounts for individuals to own their own retirement accounts the her -- that are invested in markets. what we're talking about is not privatizing social security or partially privatizing. we're not talking about giving people the ability to take a chunk of their payroll taxes and to announce in the system are saying, let's do it so people can have some of their payroll tax dollars inside social security i