as pickens sees it, water is like any other resource. it's a commodity just like a wheel that should be prospect and sold for profit. i don't think you should cut people off from the water. everyone deserves a bite of the apple. it will provide us with a secure drought source for the future. in the summer of 200960% of texas suffered extreme doubt but by february 2010 el nino weather patterns have brought enough rain to lift the drought for much of the state. the water had yet to find a buyer and pickens had been distracted by other projects. by then he was worth some 1.2 billion thanks to the dominance of the west coast natural gas business and the success of the hedge fund. it would be foolish to believe that he'd forgotten about the water as a commodity through the purchase is he's built the ranch up to 68,000 acres which not only made him the largest land over in roberts county but gave him control of more permited ground water than any other individual in the united states. and people have the water that want to sell it and the peop

coming together because no one would mistake pickens for a sociilist.is is a guy who has made and lost and made and lost fortunes. he's obviously quite a proud capitalist, and yet he has at least moved more toward the idea that responsible stewardship of the environmmnt by way of what he calls the pickens plan.. >> well. >> .is at least not bad for businees, but is good for. >> but you know. >> . everybody. >> .people for. this isn't something that i've recently come upon. i -- people for twenty-seven years have asked me wwat is the most important thing we can do for the environment, and i've always said to have true free-market capitalism because. >> what's that mean exactly? what does that mean? >> well, in a true free market, a free, a free market promotes efficiency, and efficiency means the elimination of waste, and pollution is waste. in a true free market, a true free market would, would encourage us to properly value our natural resources, but, and it's the undervaluation of those use them wastefully.s us to >> yeah. >> in true free market you c

boone pickens.ood morning, and boone pickens says that washington has spent 40 years talking about getting america off its addiction to foreign oil but has done almost nothing to achieve that goal. washington's answer to higher oil has been to release 30 million barrels from the spr. you're laughing, why? >> of course i'm laughing. is that a solution? that's not a solution. you're just taking oil out of storage and putting it on the market and there wasn't even a real interest in buying it. most of the oil went in the hands of traders and went into storage in tankers. >> so it's not doing anything. prices are now back where they were before. >> really. >> the announcement, yes. you're not surprised by that. what do you think then prices will be by the end of this year? will they be above 100 bucks a barrel again? >> probably. i think you'll hit, you'll be very high in the first half of next year. >> very high meaning? >> you'll be back up to $125, $150. >> so consumers back to paying $4 a gallon? >>

the wind must have picken it up. two people fell out one they can't find and the other is okay. >> reporter: the department natural resources police say this is the 13th fatal boating accident of the year. that's up from last year. sherrie johnson, abc2 news. >> hours after the boater disappeared in pasadena, medics found a 6-year-old boy who drowned at sandy point state park. police received a call around 6 a.m. now a boy disappeared near the south beach of the state park and a number of people at the park tried to jump in and help rescue. >> we can't go in because ambulances and police were coming in. they said there was a boy who got lost and they were looking for the boy. >> officials tell us that this is at least the 13th drowning so far this season in anne arundel county. they hurnlg people -- rnlg people to keep a close -- urge people to keep a close eye on their children near the water. >>> a boy is doing well after nearly drowning. they were swept away on a sand bar. lifeguard grabbed him and these are photo

steering wheel out the window, dumped a cinder block on the accelerator and beyahooing like slim pickens riding the bomb at the end of "dr. strangelove." how do you negotiate with people who are happy to cut the baby in two, happy to see the economy destroyed as long as they get to hot dog over the rubble? that's where we are, because they think their leader's plan, the we win/you lose offer, is too liberal. that's our top story tonight. also, who's to blame? last night we showed you this graphic on how revenues, the black line, have not kept up with spending. what happened to the money? three words, bush tax cuts. the tax cuts that many republicans insisted would magically bring in new revenue, did the opposite. but none of this is helping president obama. his numbers are slipping states. we will look at numbers and what they mean. >>> why it may not be hot news, michele bachmann may have set a new standard by borrowing from fannie mae, the program she wanted to destory. >>> and why so many people look down on politicians. by the way, this summer the politicians are making it very easy

boone pickens that we need an energy plan. we don't have one. >> 75% of people think big corporations have too much control over their lives. >> i try to get a big corporation -- i never had one but i would like to have more control over people's live. to bar my stuff. go to my restaurant. >> the third one was 62% of people think both major parties are failing. i have to step aside on that. >> failing? both of them? who are you going to vote for? >> i am conflicted. >> i will vote for a party heading in the right direction. >> they can't get anything done in congress. we are a paralyzed society. we have had a rough couple weeks. >> there's stuff in the middle east shaking everybody. all the upheaval we don't know what is going on or what is going to happen and we have had these tornadoes and all we've ever problems, have the news viewers like me are kind of shaking. i would like a little peace and quiet. give me some more lindsay lohan and i will be happy. it will mean the worst is over. >> there is some of view that some of t

boone pickens speak about that specifically.ur own natural resources more so than foreign resources if you will for a lot of reasons that have benefit in the broader economic context, balance of trade, dependence on maybe unreliable suppliers. >> when you look at the american economy, what we see is we're back to the gdp levels we were at before the crisis, but with ten million fewer people working. that's at some level a sign of great productivity, but for those ten million people it's a tragedy. how do you get jobs back? how do you get america to be employing people and in large numbers again? >> well, i think you have to look at innovation. great nations, and i believe we're the greatest nation on the face of the earth, we need to continue to invest in r&d and we are. you have to look at automation. we recently opened -- trying to build the first compact car in the united states. no one is trying to do that today. and in this new era of productive industrial relations between management and union, i think all parties have lea

boone pickens and the koch brothers over natural gas subsidies, the kochs have ordered abandon machineow, help minks? where haas thou gone, big big? big bankses? bring back your lobbyists, your pr firms, your grassroots advocates yearning to bill more in fees. why won't the industries that stand to lose so much from house republicans intrance gens work to avoid their own losses? i think i know. nobody likes to admit a mistake. many of those organizationses helped to elect this tea party crowd. could it be they have buyer's remorse? if so, don't worry about it, guys, we forgive you. please, please by helping save your own skin and ours in the process. talk some sense into those house republicans. dylan? >> how much of the cognitive dissonance that you reference with the tea party crowd do you think is actually everywhere, there are people on the democratic side that expected a tremendous amount from this president and can't reconcile the attractive nature of hi rhetoric with the incredibly offensive nature of hi policies? the tea party crowd can't reconciles that? are we at a point -- i

i agree with and pickens. we need an energy plan. we don't have one. >> next book on the 75% think that corporations are to much control over their lives. >> i try to get a big corporation. i never had one, but i would've liked to have more control over people's lives. [laughter] go to my restaurant. >> the third one was 62% of people think most major parties are failing. >> sailing? the parties are failing? both of them? >> yes. >> what a week and a? [laughter] i'm conflicted. i want to go for a party that's headed in the right direction. >> otherwise they can't get anything done. they can't get anything done. where paralyze society. we've had a rough couple of weeks. you know, this stuff in the middle east is shaken everybody pretty much all the upheaval because we don't know what's going to happen and then you know we've had these tornadoes and oil spills and all these other problems with tsunamis. and i think heavy news viewers like me are kind of shaking. i like a little peace and quiet. give me smarr lindsay lohan. i'll be kind

why can't we put boone pickens's bill on the new which has broad bipartisan support?t a infrastructure bill on the floor that has bipartisan support and put america back to work? jon: i guess a lot of republicans are asking same things about democrats in the senate who put "cut, cap, and balance" bill on the shelf. >> well, i can't speak for the senate. jon: i know that but the house, your body has passed that bill. >> we know that we passed 492 bills that mitch mcconnell put on the back burner. i can not control things in the senate. i think mitch should have been named man of the year for almost single-handedly blocking legislation. jon: let me ask you this. it's my understanding that you have advocated that the president just rely on the 14th amendment to unilaterally raise the debt ceiling. is that your take if in fact you can't get some bill out of congress? >> we think, we think the president should not, should not let the american people, we should not watch and witness what we saw in 2008 when people's 401(k)s became 101-ks. if something can't be done. if noth

mike bloomburg going the route of pickens, the bloomberg plan? >> this is a scoop for you.e's going to announce $50 million to the sierra club for the program to inform people about coal and to do this, mayor mike is going to be out on the potomac river on a barge with the coal fired power plant in the back to talk about the need for cleaner energy. he is focusing on cleaner energy climate. >> mike allen, thank you very much. coming up, michele bachmann offers up a doctors -- this is ridiculous, sexism. completely. completely. she shouldn't have had to say anything. she shouldn't have said anything. whatever idiots brought it up should be ashamed of themselves. anyhow, more "morning joe" when we come back. my contacts are so annoying. i can't wait to take 'em out. [ male announcer ] know the feeling? try acuvue® oasys brand contact lenses with hydraclear® plus for exceptional comfort. it feels like it disappeared on my eye! [ male announcer ] discover why it's the brand eye doctors trust most for comfort. acuvue® oasys brand. >>> welcome back to "morning joe." it's just lik

pickens said he stepped between sexes and canada -- [unintelligible] he cannot get into congress for a vote between -- because certain industries do not want them to. i started checking about koch industries f come to the realization -- and have come to their realization that this particular company gets a big subsidy for ethanol. all of the votes that are coming up in congress right now, it becomes realize the people check on the internet that this particular industry, and there are probably others, is the second-largest employer in the united states, and it is said to be the top polluter in the country as well. when these people come up for both -- 4 vote, and as head primarily republican and tea party people packing them financially. host: thank you. guest: thank you for your statement about the oil companies, which is up to load the correct. we subsidize big oil, roughly 40%. we need to cut that subsidy out. we need a fair return to the taxpayer from oil that is extracted from federally-owned property. this is an area we need to work on. regrettably, the republicans cut the progr

>> this is boone pickens, watching "fox & friends." great show. watch it every morning. >> right. and you know what? this is the number one stop for billionaires. you notice that most of our viewers are loaded. >> yeah. >> loaded. i thought that. >> that's true. good morning, everybody. great to be with you. great to be with you guys. >> great to have you, ali. >> let's get to the stories make headlines at this hour. the taliban is denying reports this morning that their leader mullah omar is dead. a spokesman for the terror group says outsiders tapped into taliban phones and into their web site. those outside agents sent a fake text message that omar was dead. the taliban also claiming a post on their web site saying the same thing was also a fake. >> british prime minister david cameron will address parliament this morning over the news of the world scandal. this comes one day after news corp ceo rupert murdoch and his son james testified before a committee saying they were appalled by the scandal. >> i would just like to say one sentence, this is the most humble day of my life.

and "us weekly" contributor and author martin pickens. >> beautiful day.a listen. >> we saw shannon in the crowd, and we can't wait to get our hands on you. you are going to be gorgeous. i know you want this for shannon. tell us why. >> because she like takes me places and stuff. >> she's a good stepmom, right? >> yeah. >> tell me why you want this for your wife. >> my wife is already stunningly beautiful. i can't wait to see what she looks like with makeup. >> a smart hubby. i promise you, you are going to look drastically different but fabulous. are you ready to go? >> shannon looks he ready. she's here with her stepdaughter samantha, who's adorable, and cher husband shawn. please keep your blindfolds on until she comes out. here is shannon before. shannon, let's see the new you. >> oh, my gosh. >> are you guys ready? >> take off your blindfolds. you can take it off, samantha. whoa. amazing. what do you think, sam? >> wow. >> you ready to see yourself? >> yeah. >> take a deep breath. shannon, turn right here to the mirror. >> oh, my. >> that is a big dif

reform and getting the regulatory monkey off our back, i was the first governor to sign on to the pickens plan. everything about the new industrial revolution speaks to jobs thank you for reminding me we should be sprinkling that word throughout. [applause] >> it is my understanding at one time, you were in favor of cap- and-trade. then you went to say now is not the right time for cap-and- trade. can you clarify the right time for cap-and-trade? as a conservative, i do not believe in cap-and-trade. >> about for five years ago, ceo's, the experts in the field of energy were all talking about how to deal with the missions -- emissions. practically every governor was talking about cap-and-trade. it is not viable. we must ensure that the path to growth and job creation is not hindered. cap-and-trade was left behind. i am not sure will ever be reintroduced. technologies will be developed over time. our priorities economic expansion and jobs. thank you. [applause] >> we will take one more and then let you go. >> thank you for being here today. we appreciate it. our taxpaying citizens are burde