john's big money scheme to kill nancy howard was an economic bow nancy to east texas.. >> motorcycles for his children, all three of him, a car for his mother, three or four four wheelers. a ski boat. he bought me a riding more, a four-wheeler, numerous assault weapons. just anything he wanted. >> and so for more than two years, the murder plot bank rolled by john killed nothing but time. >> they didn't follow through with it because they wanted more money. >> they had been called the "hee haw gang," but they were very valuable to you, all of these characters. >> it would have been a tough case if we only had one or two of them as witnesses. but when we had this number of people involved, someone either is telling the truth or someone handed out a script to all these people with all the information because it was all the same information. >> the east texas crowd was canny enough to document their dealings with the mysterious mr. john. they even had a picture of him in his fancy car. wait till you see it. it's a stunner. >>> coming up. who is this infamous mr. john? it'

nancy pelosi slammed the offer from the administration has not going far enough. now, the fed's unprecedented intervention at the peak of the pandemic was absolutely necessary according to oaktree capital howard. he said companies had to be supportive to avoid a potential economic shutdown even if that is giving them fewer distressed debt targets. howard: i believe the injection of that kind of money for liquidity into the economy is likely to have some long-term ramifications and the most likely is some pickup in inflation. but that does not mean it is a mistake. the mere fact that you do has possiblet negative consequences does not mean it is a mistake. they had to do it. if they had not done the things they did, we would be talking about a much more serious economic event. we might even be using the word depression. the words global depression. about ate are talking the moment is largely a macro issue. let's try and focus for a moment if we could on the credit markets. howard, can government ever put the genie back in the bottle or is there now something is an irreversible backstop for all but the most unsalvageable of zombie companies? howard: that is the question. >> what is the answer?

as of this morning, you've got 100 ceos led by starbucks chairman howard schultz signing a letter, sending it to mitch mcconnell, to nancyof small business in america, okay? a year from now, joe, we will only be eating at chain restaurants and big box stores. yes, there is the ppp, the small business program, but you just referenced it. with little to no oversight of that program, billions of dollars went to businesses that didn't need the money. now you're seeing bipartisan support, you're seeing senators todd young from indiana, michael bennett from colorado saying, extend ppp but focus it. put it to small businesses who actually have had their revenue drop 25% or more and give it to them for a longer period of time. joe, this original idea, we're just going to give businesses some money to tide them over until we reopen and then we'll be all set. news flash, jared kushner who said the economy would be rocking and rolling by july, it's not. it's devastating. specifically for small businesses. joe, go to any town in america, you're going to see restaurants, bars, dry cleaners, gyms, spas closed down. it won't be tempora