it is the failure of fsis to think about themselves as a public health entity. choose not to go to congress and ask for authority for recall authority, and they choose not to do the basic scientific work that they need to justify calling salmonella an adulterant so they can withstand a court challenge from the industry. that's the failure here. >> narrator: that leaves the burden on consumers to handle and prepare poultry as carefully as possible. >> i use a meat thermometer when i cook my meat. i use all of the food safety measures. i use antibacterial wipes. >> narrator: last may, as the foster farms salmonella outbreak entered its 15th month jennifer robinson was cooking chicken for her family the way she often does. >> say i have the raw chicken on my cutting board. i'll put it into the frying pan, and then i will take everything, put it in the sink, wash it with antibacterial, take the antibacterial wipes, wipe down the countertop, wash my hands with antibacterial soap. i'm extremely careful. >> narrator: but days later, despite all the precautions, her son

we are buying $45 strike july puts on fsi.f buying them out right, we are selling at 5254 call spread. you could put this trade on for a net credit of about 10 seven -- for about $.10. downsideosure to the if the underlying -- your breathing room if it does not go higher. julie: china is tricky because the economic fundamentals team to be deteriorating but at the same time you have stimulus that appears to be coming in. how the way that when you're tried to put on a trade? jared: it is an important issue because you do not want to short into the teeth of the kind of trend we see. a couple of things that could be accountable for the near term. a lot of the movement in f x i has been driven by investor .lows and those could reverse he also have new ipos coming on at record levels which are going to lag any change in sentiment. , thank youd woodard for talking to us about china and the u.s. much more bloomberg market day, coming up. ♪ pimm: good afternoon. betty: welcome to the bloomberg market day. debate billions of dollars in

does not address the fundamental problem, which is the fsis catfish program if implemented would result in duplication of activities and inefficient use of taxpayer funds. duplication would result in facilities that process both catfish and other seafood were inspected by both fsis and f.d.a. even if my colleagues don't care about ballooning government spending and taxpayer waste then consider this risk the catfish program presents to jobs and structure exports from their home states to an area of the world that accounts for 40% of the world's g.d.p. and a third of its trade. ten asian pacific nations have sent letters to the office of the u.s. trade representative warning that this usda catfish office is hurting t.p.p. negotiations. at least one nation, vietnam has threatened trade retall conservation if the program comes online. american trade experts are equally outraged. in a legal opinion written by the chief judge at the world trade organization, the chief judge at the world trade organization said, quote -- "the united states would face a daunting challenge in defending the catfi

the fsi sac and more. as it relates to the payment system, it's about to get a lot better. we're going to move as a next step to the chip enabled cards it's already happening the networks have said if you want to avoid fraud liability you've got to make this transition towards the end of 2015 some are saying we're not ready, but over the course of the next couple of years almost all cards are going to be chip cards and that's going to help. don't be focused just on that that's technology from the 1960s, magnetic strips were incented in the 1960s, pins were inn represented in the 1960s, chips for recently, but it's moving well beyond that discussion, the technologies that are coming forward and being actively considered include voice recognition, facial recognition bio metrics location confirmation, gesture recognition and a lot more. so this space is evolving extremely rapid and is going to continue to evolve as new technology emerges. as to the legislation that's before you congressman nothing bauer, congressman cashy thank you very much, we strongly support hr 2205 and th