we have part children with us -- olivia: we have part children with us. -- bart chilton. how you think this will impact oil prices in general. we've seen that big five dollar raise in the last couple of days. you think it will continue? peter: if there is an iranian nuclear deal and the framework is announced you could see a situation where we have these conflict zones in yemen and yet we have perhaps beginnings of a deal with iran. it tells me there is a lot to keep oil traders up at night. perhaps opportunities as well. olivia: thank you so much. so many moving parts. as we go to the break, our twitter question of the day what do you think, should the u.s. get involved in yemen? ♪ olivia: you are looking at live pictures from new york city. it is sunny here on set and we will be talking about holiday cruises and. a rough seas for the cruise ships. betty liu sat down for a special titans of the table profiling two of the biggest players in the industry. very cool stuff here. what is your take away? betty: this has been one of the most mulch was moments -- tumultuous momen

joining us is bart chilton. bart, great to have you back with us.is point, the point michael lewis thinks has been lost is the stock market is rigged. do you flat out think he's wrong? >> not only do i think he's wrong, kelly, i think it's been irresponsible. look it's a nice narrative, but at the end of the day it's not based upon the facts. it's been debunked by the chair of the s.e.c. mary jo white, and countless academics, and if it were the case that the markets are rigged people like you who look at this every single day would be screaming bloody murder about it. the bottom line is hfts have contributed to markets that are today cheaper, faster and safer than ever before for average investors. >> cardiff, bringing in the panel here bart. >> i don't know if that's true or not but to be -- >> the documentation shows it. all the studies show it. bank of england, it was covered on cnbc two weeks ago, show it is the case. >> but what i'm saying to be fair to lewis and the point he makes in this afterword pretty clearly is that he's not criticizing

. >> bart chilton, thank you so much. >>> that's "the ed show." "politicsnation" with reverend al sharpton starts now. >>> good evening and thanks for tuning in. an alleged white supremacist arrested in that shooting rage in arizona and terrorist killing 19 independent people in an attack in tunisia. but we start here at home. president obama calling out republicans for doubling down on trickle down economics. the president went to cleveland today, the sight of the gop presidential convention to slam the new budget unveiled by house republicans. >> it's the opposite of middle class economics. under the republican budget millionaires and billionaires would get an average tax cut of $50,000 per year. translation, the average millionaire would take home as much in tax cuts as an average american takes home each year. you can let taxes rise for families. what you can't call it is a ticket to the middle class. that you cannot do. >> the gop budget cuts $5 trillion from medicaid and food stamps. it repeals obamacare and even partially privatizes medicar

. >> bart chilton, thank you so much. >>> that's "the ed show."g and thanks for tuning in. an alleged white supremacist arrested in that shooting rage in arizona and terrorist killing 19 independent people in an attack in tunisia. but we start here at home. president obama calling out republicans for doubling down on trickle down economics. the president went to cleveland today, the sight of the gop presidential convention

bart children -- bart chilton formerly of the cftc, michael goes after burchell -- goes after bart. ♪yone. i'm tom keene and with me olivia sterns and brendan greeley. brendan: we begin with a major food deal, 3g capital acquiring kraft foods in hardship with warren buffett's berkshire hathaway. is that enough names for you? they will form america's third-biggest food and beverage company. kraft foods will get a cash buyout plus a special dividend. berkshire and 3g will invest $10 in the new company. and in france, two americans were on board the flight that crashed yesterday. they found the cockpit recorder from the flight but are still looking for the flight data recorder. also crossing the bloomberg terminal right now, veteran republican senator calling it quits. dan coats of indiana says he will not run again next year. he first ran in 1988 to replace dan quayle. amanda knox is again awaiting the judgment of an italian court. she spent the last seven years trying to prove your innocence and the notorious 2007 murder case. now today, italy's highest court is referring -- is reviewi