david bianco. us for about a sex away from the opening bell in new york. futures on the high and the dow points despite the big selloff yesterday. other assetat classes, an interesting story, and mixed dollars story. it was a weak dollar and you still have buying in safe haven like the swiss and the yen. treasuries are relatively flat a yields up by one basis point as that they were down yesterday on the huge rally we saw on treasuries. crude oil beating to his own .rum, a russia, saudi story $50 a barrel level. , abigailr trading doolittle standing by for relief rally? abigail: it is a sigh of relief. gainse relatively small for the major averages but nonetheless after yesterday's pullback, the worst in about three weeks, we have a sigh of relief. small, modest gains. analyst said despite the pullback yesterday, the bicycle is in place and she s in place the buy i and she expects it to grow. we will be watching. one pause or source of caution is hurricane harvey and hurricane irma. hurricane harve

still with us around the table, jim bianco of bianco research.ew, he talked about that being a bubble, but he talked about it as a opportunity, to bid it up and carry on chasing. what do you think about that as a approach? jim: it is unlike anything we have seen. the closest analogy i have heard of was napster. when it came, it was a threat to the music industry. the industry minutes together and drove napster out of business. but was left behind was the peer-to-peer technology which eventually gave us spotify and the very thing the music industry was trying to avoid. in and there are over 1000 cryptocurrencies right now. one of them could take hold and in the future, this whole idea of a digital currency that is not backed by a government looks like it jonathan: is not going to disappear. -- looks like it is not going to disappear. jonathan: is it a currency? jim: a good question. they are so speculative in nature. it cannot be stored value if it loses and gains 20% a day. infancy,d of in its even though some of them are five or six years old. d

lou del bianco grew up knowing about his grandfather avenue special role at rushmore. >> what do we have? >> those are 75 documents from the library of congress. >> including testimony from him. >> worthy any three men i can find in america for this type of work here and now. >> borglam's writing. >> nothing he showed the park service would not change the regional office in charge of rushmore. >> there is a pay cheat, name, chief carver. >> the more he read of what lou sent him. the more he realized the story of rushmore needed rewriting. >> i found myself. change course here. >> so, he dispatched a couple of national park service hills torians, to lou's basement in porchester. off awe went through the booklet. i showed you. by the fourth page. one of the historians said, you sold me. let's go have lunch. >> after years of making. the case, the official policy was overturned. >> weep have luigi dellbianco. we haven't called him chief carver the now weave will. >> we now we all gustov, he denlt do aflt loan. there were 400 people who helped him. >> decision made it at headquarters may tak

is alleging is mirrored in complaints 1 to 3 of his federal lawsuit and that was analyzed by judge bianco. >> because i did not conform my appearance and behavior to fix stereotypes and employment action, that is the legal question before us. >> not my place to say no but it is judge bianco's determination that his sexual stereotype claims failed because there was no way a jury could conclude that what he specifically alleged could support a claim for his sexual orientation. >> that it goes forward under new york labor law, a different standard of proof, causation. >> yes and no. the facts that were alleged when coupled with testimony at trial could support a claim. the problem is we have a close record. the fact that came out of court came out, people testified and wasn't what the plaintiff said. the young lady jumping with him said he made the joke about being strapped to me is only disclosed to me his sexual orientation when he felt that i was uncomfortable because he was hitting on me. if anything he was terminated for heterosexual activity and tried to cover that by saying don't worr

they just go with the sexual stereotypes which were addressed by judge bianco and dismissed. >> you raise this before the district court and the reconsideration motion or before the panel in this court?/ >> it was raised before the district court. >> you said he did not this awesome -- he did not exhaust this. i do not find it in the district court record. >> it was absolutely argued in the district court. >> you say he didn't raise complaints before the district court? >> that complaint he raised was a sexual stereotype complaint that was raised before that district court which the judge addressed and the first panel acknowledged. >> the memorandum of law in supporting motion for summary judgment "one complaint in's theories was he was terminated because of his sexual orientation." you responded by arguing that the plaintiff cannot advance the for sexual orientation because of this court's decision. aren't you conceding that these claims were in fact properly before the court? >> i am not conceding that. there are alternate arguments. if he for sexual orientation because of this court's

hey bianco well i think it was you know it's to some extent in evitable that this was going to happen to some place i'm a little surprised that it took place in china because of what you just reported about the large number of investors over there but that may be exactly why they ended up doing it so what i've been saying for years is that digital currencies have a place in our modern financial society and system but they need to be appropriately regulated not overzealous regulation and if they didn't if the enthusiasm for bitcoin and other digital currencies didn't embrace some sort of regulation that you would see overzealous regulation and they would do things like the chinese have done both with the i c o o's banning the official coin offerings and what they did in the last twenty four hours with regard to stopping exchange trading of digital currencies so you know it was something that i sort of predicted not necessarily in china and you know we'll see what happens going forward beyond go one other digital currency news j.p. morgan chase. c.e.o. jamie diamond said that that quote

they officially named artist luigi del bianco the chief carver yesterday.en trying to prove that he put a lot of work into making the monument. the family spent more than 30 years researching to try and prove their point. del bianco is known for doing the most complicated things on the monument like thomas jefferson's lips. ( marty ) here's something you don't see every day. a kangaroo was seen hopping along a road in wisconsin. the kangaroo, named "joey," had escaped from a farm petting zoo. a sheriff and firefighters corralled him until his handler could get there and return him to the zoo. ( marty ) it's rare, but it happens once in a while. a bakersfield hospital delivered three sets of twins on the same day. four baby boys and two baby girls came into the world at memorial hospital on wednesday. the proud parents are thankful their babies are healthy and will be able to go home this weekend. coming up on kron four news weekend... another arrest has been made in the london terror attack. we'll explain how police made that arrest. thousands gathered to c

. >> joining me now, kelly james torrance and tom low bianco, good morning.tom, once we knew the president sat down with lester holt, that the russia thing was on his mind when he decided to fire james comey but this is tangible written evidence, about why the president was thinking about. this obviously is becoming a central element in this investigation of potential obstruction of justice. >> absolutely. remember, the chaos of this administration, especially at the beginning. pre-john kelly has consequences. and look at the -- on the one hand you had the attorney general, jeff sessions, working together with the newly appointed deputy attorney general rod rosen stein to lay out one area where they were going to argue how they were going to handle this, the reason for firing, the clinton e-mail handling and then the president and steven mueller according to the president undercutting that. and don mcgahn, the lawyer steps in and said, no, there is no way that is getting out there. but then trump himself comes out a few days later after the firing and said ye