swiss america trading corp ceo, craig smith thank you. >> good to see you neil. neil: you have israel border crisis, i am going to argue, it is a well the like ours. in fact it is very, very similar, eerily similar, what if i told you we got it underground. in new york state, we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. thanks to startup ny, businesses can operate tax free for 10 years. no property tax. no business tax. and no sales tax. which means more growth for your business, and mor it's not just business as usual. see how new york can help your business grow, at startup.ny.gov ♪ i voted for culture... ...with a 'k.' how are you? i voted for plausible deniability. i didn't kill her, david. and i voted for decisive military action. ♪ xfinity presents the people's hotlist where you choose this summer's top 100 shows and movies. and all you have to do is watch with xfinity on demand. now through jul

swiss america trading corp ceo, craig smith thank you. >> good to see you neil. neil: you have israel border crisis, i am going to argue, it is a well the like ours. in fact it is very, very similar, eerily similar, what if i told you we got it underground. really... so our business can be on at&t's network for $175 dollars a month? yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues... great terms... let's close. introducing at&t mobile share value plans... ...with our best-ever pricing for business. neil: all right to border crisis, not here in gaza, more are really pileing on israel right now, saying, wait what are you doing? but just look at comparison, israel said, it is defending its borders, anaal analogous if canr mexico starred bombing us -- started bombing us, what do you make of that argument. one that israel has been expressing they are defending their bor

craig smith is the chairman of swiss america. he wrote a book on inflation and it's called "the inflation deception." craig, welcome to the program. >> thank you, stewart. >> they say inflation is roughly 2% a year. you don't believe that. what is it? >> no. you know, the government loves inflation, stewart. and the funny part about it is if you listen to what frederick hayek said, he says history is a reflection of inflation and it's for the benefit of the government. look what hershey has done. this is a perfect example, stuart. they're paying more for milk, dairy, soed on and so forth. they're paying more for things we have to pay for. they're having to pass the prices on to the consumer. for three years they haven't done that. it's going happen with dozens of other companies because you can't keep cutting your margins. you have to hold your margins. i'm surprised it took this long to cease price inflation. when the fed expanded its balance sheet by $4 trillion, stuart, that money has to show up inflation somewhere. and keep in

chairman craig smith says this is pathetic. why is this acceptable. >> jenna, pathetic is not the word. it's shameful. it's disturbing, especially when we're talking but our veterans. on the fourth of july, the day we're celebrating the independence of this country, a lot of that was because men and women risked life and limb and now we're making all these excuses why we can't take care of them and that is the one bill that should get through. we have the national defense authorization bill hung up. passed june 2nd. sent to the senate june 5th. sitting there on harry reid's desk. even claire mccaskill, democrats and an independent who caucus together, saying, mr. reid, bring these to the floor. and how can harry reid for one minute stop any movement on that va reform bill is beyond me. >> one thing that lawmakers are saying that are working on the bill, they're waiting to get the proper projects from the congressional budget office so they have the numbers right and can put forward a proposal that makes sense. craig, what do yo

craig venter institute. together they employ about 300 people on two coasts, including one nobel laureate, hamilton smith, ande of the top scientists in the world. >> so i'm much more like an orchestra conductor, you know, than the violinist. >> what do you think your greatest talent is? >> you know, i have an unusual type of thinking. i have no visual memory whatsoever. everything is conceptual to me. so i think that's part of it. i see things differently. >> venter likes to think big, and his latest advancement is no exception. so this is what all the fuss is about? >> this is the first synthetic species. >> and how long did it take you to make this? >> well, if you count the total time from the conception, about 15 years. >> and how many millions? >> about $40 million over that entire time period. >> in practical terms, it's about as useful as the mold that grows in a bachelor's refrigerator, but scientifically it's a milestone. the bacteria, which is similar to one found in the intestines of goats, was designed on a computer, manufactured in the laboratory, and gets its genetic instructions from a synthet