department can be privatized. halliburton, proud to serve our troops. halliburton was elated to get this $1000000.00 contract, and of course returned a verdict that, oh mister secretary, lots more of it can be privatized. um, dick cheney leaves the apartment and goes and has haliburton himself, and he spent the entire 1990 s building up the halliburton war empire. well, if we're going to talk about star wars, we might as well invite darth vader. happy to accept it and then he comes back into power as vice president. and then they start hiring halliburton too, you know, in advance even of us troops going into iraq, halliburton. so now when equipment was being deployed to the gulf, it's hard to, to look at this and not say, these guys had a very long term plan for how they were going to increase the powerful infrastructure of private companies. what we've essentially done is to create a network of corporations that have the fire power of small nation states that could, you know, over throw some small governments around the world. in athens, we, in the united states, have privatize the ulti

halliburton, personnel and equipment was being deployed to the golf. it's hard to, to look at this and not say, these guys had a very long term plan for how they were going to increase the powerful infrastructure of private companies. what we've essentially done is to create a network of corporations that have the fire power of small nation states that could, you know, over throw some small governments around the world. nations we in the united states have privatize the ultimate public function. ward. you know, bombs, i've got a time limit delay food emissions to us. so by that through the in iraq, the f sixteens. and as a teens were firing 6000000 dollars within seconds, coming back re army and going up again. there is no hope of ending war because there's always a small cobble of people for war is really, really good. it doesn't matter that we're losing the war and against albert careless couldn't for them. good for profit, me the me the well we've undergone a corporate qu data in slow motion cult quote john austin, fall. 35000 lobbyist, washington.

after all, he'd been the secretary of defense who introduced halliburton to outsourcing for the pentagon. halliburton actually did the study, they came back and said, oh, this is a marvelous idea mister sector. we should do this. and of course, we proceeded to do it after that eisenhower is wanting in january 1960 about the military industrial complex was just put on steroids. the complex became desirous of analysts war analysts war that would feed them like a cash cow and keep them alive and breathing, and their ceo is making enormous salaries and their company solvent. that's why we expanded nato to a certain extent to which so we could bring the poles and others into buying these equipments made by our arms merchants. so this complex was largely responsible for the military staying in afghanistan for 20 some odd years. as recently as august, you didn't believe biden would get the troops out. is that because the d a is still there? there are still us assets in afghanistan. we just completely wrong about it. i mean, you said it's just to g o strategic as regards china's belton road for

look at the move in halliburton.e last couple weeks, these stocks are breaking out and in my opinion, i don't think people fully understand how leveraged these names are and the potential to go higher dan gave us a great shot a few months ago this chart showed us touching to the penny crude oil at a 13-year down trend guess what, we're precariously close to breaking through that if and when we do, i think they have another 20 to 25% upside easy >> yeah. it was interesting to hear paul, tim, talk about the reasons for the energy spike, none of this opec supply and demand, hurricanes, what have you. it is secular. >> well, the short term, and they're almost uncongruent names. in other words, let's not invest in car only about because we want e.b. and renewable to be the wave of the future so it pushes up 200 million accounts if 82 million of them watch at least some of brimmingerto . >> let's check out shares of micron they're getting a nice boost it is now 4% in the last week heading into the earnings. they are saying

i certainly have to be long the services side in terms of halliburton, a stock i owned for quite a while when it was much cheaper and converted the stock and i and this to hold it. that's the way i like to play it but it would not surprise me to see wti hit $80. >> the next viewer asks if s&p fails to hold above the 50-day average, how do you feel buying the vix 27 call? trading at 80 cents and the optional point for the vix for the expiration date. tony, this has your name on it. >> whenever you talk about a pullback in the s&p, i'm not a big fan of buying vix calls because if i think the s&p will pull back 10% and i know where the s&p and can buy puts for it but i don't know exactly where vix will be in a 10% pullback. while the options are relatively cheap and maybe you have that optimal leverage, it's hard to gage how far vix will jump on that for those reasons i enjoy buying puts rather than vix calls. >>> still to come -- "the final call." i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind,

well, 1st of halliburton took power. afghanistan's economy has stalled low spanks of clothes and a landlocked nation remains largely cut off from the rest of the world. from bride reports from couple trying to get a grip on an economy that is faltering, get best outside one of cobbles, main banks, the taliban allowing just 10 customers at a time as hundreds more weight that turn not very patiently. put a bit of command. abraham probably didn't expect to be controlling frustrated crowds when the taliban stores to victory will be a home. yes, of course we understand the problems and that's why we've brought these dean hits. how many customers are government employees who say they haven't been paid for months? and caught by the speed of the former governments collapse. everyone is running out of cash. but like a memo, not because men should have 100 over everything in good order. instead of running away like a did. i have money in a bank like $4000.00. but, but i cant cash my money from buying peoples access to the banks to cash remains a real problem. the banks of law to remain closed when they

being with us leaving, getting this done, this kill take seen thing called, which quickly saw the halliburton feel void from for you. the has emboldened your hardest in places like molly will be looking to capitalize on a french, withdrew the yeah. was a shot in the arm to religious zealots all over the world. you see that clearly in again, a stand for now. the taliban regime has been gifted millions, if not billions of dollars and military material that they're now using to suppress their internal foes. and if we're not careful, the same fate might await molly and its neighbors. it's not just fraud, but this had an almost long press. been molly aided by several european countries while you have taken a significant role in training molly and forces the apartment same was to build and independent impartial armed force, the european union training mission. the molly provides advice, training, and education to the molly and armed forces with 2 military crews in less than a year. it's pretty difficult to describe that that's being top of that the find the military and worn on brains, on the groun

halliburton dick cheney so sarah is back with us.e understand there are contractors to help do its job at the way the swamp is operated with the contractors going in and out of the defense department and the defense secretary it is truly disgusting when you think of the heroism of the actual fighting men and women. >> absolutely. this is the reason why president eisenhower warned in 1961 of the military industrial complex. since 2009 and this is a story that stayed with me throughout my coverage of the war, i was in a small town in eastern afghanistan, a small version - - a small village they were constructing a hospital at all doctor came up to me and said millions of dollars is what was spent in this hospital. he walked up and kicked to the side of the wall it was made of number two red brick and crumble before me and i saw are right then and there the wasteful spending of our taxpayer dollars in afghanistan. that hospital never lasted. not the way it should have it was supposed to last 20 years we saw this over and over brown univ

now it's up about 2.5% money is moving into energy and defensive names like slumberge, halliburton and kroger as yields go up, tech stocks are getting rocked microsoft and salesforce, go of the worst today. investors betting the fed will carry through on its promise to curb emergency bond buying treasury rates pushing the dollar higher. let's get to rick santelli for all of it out of the cme >> yes, kelly. interesting statement regarding how we handicap the taper, but i'm not sure the taper does much with regard to inflationary pressures. today, we had a seven-year note auction. the auction was above average, but they curbed their enthusiasm considering that prices have dropped so substantially seven years were on sale but, they were very cautious. four and a half months, mid may, and if you look at all the yields, two years are at six-month highs. seven-years are four and a half month highs. tens at three and a half month highs. 30s at three and a half month highs. guild swing, 29-month high yields look at our ten-year break ooeeven in the u.s that's a year-to-date chart. looks like a

double down and get the guy running the largest oil field supply company, halliburton.'s do that. the 12th amendment problem. bush is not a monologue guy so this is like world wrestling federation. noble will ever bring up that vote. that's ridiculous. this goes on for about 30, 35 minutes. at the end of it, i realized i can't unbutton my jacket because i've sweat through my shirt. he says, got anything else? i said no, no, that's it, sir. he turns to the guy next to him, dick, got any questions for karl? cheney had been listening to me kick his ass around for 30 minutes. as we're walking out of the room, he said i agreed with some of what you had to say. that night, bush calls me. and he says, really good today. he was back on the road. he literally came. there for six or seven hours. met with the vice president and then left again. he calls me night. about 10:00 and he says, really good today. really good. you outlined ten serious political problems and i hadn't thought of some of them and it was really good. so figure out what you're going to do about him because i'm

halliburton is best and brief. >> karen, your thoughts?, the biggest exposure i have is the oih it was a pun i the higher oil goes, the better it is for servicing companies. oih. i bought it sort of around here, quickly went down to 170 i still think there's room remember, it was 244 maybe not that long ago so i still think there's room for the up side. >> a lot of things especially at the beginning of july, for instance, are a lot higher than they are right now after that brutal, brutal month we had. tim, how are you feeling about oil these days >> again, look at that move of eog. what the market is rewarding is the company, first of all, as costs that are as low as a lot of their middle eastern peers. no growth until the market needs the extra barrels. they're providing double digit returns. better than their peer group and in the s&p it's run differently with oil prices at these levels, albeit they've had some not great hedges, i think where we're going with this is the trade moves into an investment people are starting to trust these c

some roots in texas where her father in between being defense secretary and vice president ran halliburtonbig defense contractor headquartered in texas. and remember, he had to change his voting registration from texas to wyoming to file for vice president because of the texas rule in the electoral college. you know the story. anyway. >> that's right. >> he is kind of a texas guy as well as wyoming guy. >> a lot of old friends in texas meeting liz cheney. >> exactly. thank you both. great talking to you. >>> coming up, unanswered questions about the confirmation that a body found in wyoming is gabby petito. now they have to find out what is the cause of death. they believe it is homicide. now the search for her missing fiance is more important. a live report on the manhunt. this is "andrea mitchell reports" on msnbc. th iiss "andrea mitchell reports" on msnbc. i became a sofi member because i needed to consolidate my credit card debt. i needed just one simple way to pay it all off. it was an easy decision to apply with sofi loans, just based on the interest rate and how much i would be sav

halliburton. >> i'm sure he's watching right now. thanks for watching "fast money. see you back here tomorrow at >>> my mission is simple -- to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad "mad money" starts now >> hey, i'm cramer welcome to "mad money. i'm trying to make you some money. my job not just to entertain but educate and teach. so call me or tweet me what are the most important stocks in this market snt ones that define the moment show you where the money is going. the nasdaq lost 1.25%. i want to explain how i choose the stocks i highlight when i come on aur every morning. you know what i think is really going on before the bell and then right after it. you know, i'm always looking for names that are both important and possibly investment for you. okay the process is complex there are two major themes going on right now supply chain disruption, you read about that a lot. that is energy shortages and then the fact that interest rates are going higher t

slumberge, halliburton and baker hughes the whole etf is unlikely to move as well would you buy that etf or just go selectively to some of the bigger names in there? >> precisely for the reason you laid out, because you know what you own and you are making the bet that you think you are by owning the oih, which i do own, which is most of my energy exposure so the big three, then there are a number of others, but you know, they really all do move together and you know, i have started when it broke 200. was not delighted to see it trade -- i don't know, did it have a 170 not that long ago i think there's still room for it to bounce back. to tim's point about enp companies being more disciplined, but i think all of the companies throughout the whole thing is more disciplined. balance sheets are in decent shape. so i'm going to stay long. i think there's still room to run and that's going to be my oil exposure >> yeah. you know, the opec news that tim is referencing, dan, was their monthly report on demand and i know we talk a lot about electric cars and tesla on the show, but we forget

they threw all this money at all the companies like halliburton that cheney used to be ceo of.t eisenhower warned us, that people like them will take us right down into the gutter by spening all of this money on so-called defense when we don't even take care of our own people. we are arguing tonight whether we'll pass something tomorrow so that all people can get a hearing aid. so that people can go to the dentist. what is wrong with us? stop it. >> what is wrong with us. what is wrong with us indeed. we'll have to end with that rhetorical question but hopefully we'll find out this week there is something right with us and get it passed. >> because senator manchin, love america. love america. vote for your people. >> i hope he is listening to you. >> i don't know. >> we're out of time. we'll have to leave it there. michael moore always appreciate the conversation. thank you. >> thank you so much, mehdi. >>> next, the outrageous round up at the texas border this week. looked just like something out of the trump administration. my 60-second rant next on what we're still ignoring

and icap has reported there are companies like chevron and halliburton who pay no taxes, make millions of dollars, and receive millions of dollars in tax rebates. you know, it's not for the poor people, you know. it's a republican corporate welfare system, where the rich get the richer. >> we'll have the congressman respond. >> well, first of all, out of all due respect, i have to disagree that, you know, tax cuts do work. they do help. they do help lower income people and middle income people. because you have more money to spend. inflation, again, is nothing more than a tax. and it hurts people, particularly those people on fixed incomes. but if we can get more money into the economy through tax cuts, then there's more money for people to spend and that just has a beneficial effect on the whole system. and that's what was accomplished through the tax cuts and jobs act. that's what was accomplished in the trump administration. and that's why our economy was humming. now, we get joe biden in office, and what has happened? all of a sudden we got inflation going through the roof, we got

halliburton, some of the big oil names are 20% off their highs.names you don't think like caterpillar are 16% there is some damage underneath. what i see here, carl, though, is most of these stocks topped out in may or june this did not happen this week. all of a sudden we had this gigantic plunge. it's been a slow downward move and mostly sideways for a while now, but the anticipation that there would be a bit of a slowdown later in the overall economy in the u.s., that game started playing out a couple of months ago >> bob pisani, still to come, tech check is going to have a blockbuster show today we've got the ceos of microsoft, linkedin, verizon, and logitech, coming up at 11:00 a.m. eastern time as we go to break, time for the bond report, check in on treasuries this morning, awful lot of fed speak today yield's around the ten-year, over in europe, the ecb did announce it will dial back its pandemic bond purchase to what i call a moderately lower pace dow's up 60. we'll be right back. jerry is here! j! mate, how are ya!? it's so good to see y

as far as the involvement of cheney, halliburton, blackwater involvement, and the war profiteering, ink a lot of this ought to be checked out. it seems like a lot of people are ignoring the fact that there were warnings. probably 9/11 should have never happened. again, this is something that was overlooked. i got my information on a talk show called coast with george norrie. some years ago and fbi agent was discussing this. this is not hyperbole. colleen raleigh and kenneth williams were the ones who got through to the white house and were totally nor. nothing was -- totally ignored. nothing was ever done and i think it ought to be investigated. guest: that is definitely part of the overall 9/11 story. that the fbi and cia were definitely onto a few individuals and reports were made. unfortunately this is a story of how bureaucracy works, including the bureaucracy of law enforcement. that there were suspicions that were raised particularly through the zachariah case that we talked about earlier. the guy who just wanted to know how to fly but not land. he was apprehended. that is where

they reported there are companies like chevron and halliburton who pay no taxes, make millions of dollarsd receive millions of dollars in tax rebates. it is not for the poor people. it is a republican corporate welfare system where the rich get richer. host: we will have the congressman respond. guest: first of all, out of all due respect, i have to disagree. tax cuts do work and they do help lower income people and middle income people. you have more money to spend. inflation is nothing more than a tax and it is going to hurt people on fixed incomes. if we can get more money into the economy through the tax cuts, there is more money for people to spend and that just has a beneficial effect on the whole system. that is what was accomplished during the trump administration and that is why our economy was running. now we get joe biden in office and what happens? we have inflation through the roof. we have gas going up. food going up, all those things we have to have are going up in price and now we find the money that we have doesn't go as far as it did before. that's a problem. host: morto

the past couple of years, that includes amazon, chevron, avis, delta, eli lilly, gm, goodyear, halliburtonfedex, nike, on and on and on. are moderates really concerned that those corporations may actually have to pay millions of dollars in taxes? right now they're paying zero. and billionaires are continuing to figure out how to pay little or nothing. hedge fund titans are paying taxes at lower rates than their clerical employees, the people who chauffeur their bentleys. you think that's demagoguery? you think that's -- no, it's not. that's the fact. billionaires' capital, it doesn't get taxed. workers' wages do. and so now democrats in congress are saying, we need to raise the taxes on people who are working but leave billionaires alone as they continue to amass capital and continue to -- listen to me here. listen to me here. because everybody hates income redistribution. that makes you a socialist, doesn't it? if you are for a scheme that redistributes wealth. well, let me tell you something. and the world we've lived in over the past 40 years there's been the largest income redistributi