i would like to welcome our guest former fed governor from 2001 to 2006 mark olson.time today. >> thank you, rick. enjoy being with you. >> let's start with the simple notion. the feds second meeting of today. we were over 2%. the last time was the last fed meeting. do you think the federal reserve given all the resent data and speeches will they raise rates in 2015? in your opinion. >> in 2015 i would say saw in the march meeting, it was a question of when, rather than whether. and it will be interesting to see if they change the tone in this statement. but i suspect that they will not. i suspect that they will stay where there's a question of when rather than whether and it think it has to be in 2015. >> let's play a game of what if now. what if as we look at last year 2.42 gdp for the entire year. we saw up .2 today. that was only saved by inventories and obamacare-type spending. let's assume we have several years of 2.5% gdp growth. that's the assumption. would you alter policy or stick with 0% rate policy. if that was the high poth his. >> if you have consistent

with us now california assembly republican leader chris olson and mark standriff spokesman for the city of fresno. welcome to you both. great to have you here. i look at headlines and i think goodness gracious how far down the road have we gone. kristen, i want to start with you, have you told the governor to his face that what he's done is wrong. what are you so upset about? >> you know part of the problem is we're certainly suffering in california from the lack of rain and snowfall but the serious drought that we're in today is also due to decades of policies from the federal and state government that have prioritized fish over people. we've had food bank lines in california especially in the central valley because of the bad policies and our state water agencies have to wake up. our federal agencies have to wake up and start prioritizing human lives and getting water to people who so desperately need it. gerri: mark, talk about the impact in fresno. it's been hard hit. what's going on? >> you know, actually fresno is very fortunate in the fact that we've been the leader in water cons

olson and lafarge have appointed eric olsen to lead their combined cement maker. the move comes as both teams look to overcome opposition to their planned merger. large -- zynga says that markwill return to the role of ceo. pincus was the company's founder and chairman. he will replace don mattrick who has led the company since 2013. pincus has said the firm had a strong first quarter and he is confident in the outlook. orange is looking to invest in bitcoin startups. it would make the company one of the first to become interested in the technology behind the digital currency. like other carriers, orange is building up its mobile payment business. coming up on the program, the u.k. general election is like -- is unlikely to give one party a clear majority. we will explain all the possible coalition combinations with the help of some legos. ♪ anna: welcome back to "the pulse " live on bloomberg television and radio. with less than a month to go until the u.k. election, no one can say what will happen afterwards. a new poll suggests neither labor nor the conservatives will win a clear victory and might need a coalition partner. that is where the hard work begins. >> her majes