back with liz peek and scott shellady.oss saying there's no "there" there to that argument. you disagree. >> well, she actually did acknowledge that they've heard that discussion from employers. and i'm really delighted to think that the white house is listening to businesses, because the obama white house never did that the, and my sense is that biden's administration is equally indifferent to what actual business people are saying. look, we know from small businesses, as i just said earlier, they're having a problem hiring. the chamber of commerce says big businesses are hiring. look, there's no question supply chain has been kind of messed up, and the chip shortage is really profound and, honestly, at some point we're all going to wonder exactly how that happened. but there is also the problem of schools, and there certainly is this problem of extra unemployment benefits. both biden and yellen are want to also reassure the american people that the american rescue plan going to be extended over a period of time. it's not

i will bring in the cow guy, ag optimist, scott shellady. ind of sideways today. if this lingers for a couple more days how high could they go? >> they can go a lot higher. i think they calmed fears they will get it done or at least have some headway by the end. week. this is where i come from on this, this is 100% avoidable. it is inexcusable. our business, everybody's social security numbers, looking after them, we have to try to break into our own systems once a quarter. there are rules how secure we have to be. these people need to be put, i mean if we're trying to redefine infrastructure, let's put in there for sure. we should make sure these are the types of things we should be looking after. they got caught looking the wrong way. by the way, if it is just at colonial, it is not just the cone y'all pipeline. there should be 100% redeployment of resources to make sure our resources will never be affected like this again. it is absolutely scandalous, it really is. charles: so do you think that these large corporations are just comfortable

we have scott shellady with us, the guy we friendly call the cow guy. let me ask you, cow guy, scott. what do you make of the approach that elizabeth warren is taking? we shouldn't be surprised she is at some of the stronger comments against these honchos including jamie dimon but even going after their overdraft fees, boeing after the lend being practices whether they weren't generous enough during the pandemic. now this plan of hers to beef up the irs to the tune of another 31 billion-dollar budget, triple what it is right now. to aggressively police of hose who might not be paying what should be paying uncle sam. what do you make of it all? >> first the irs has the ability to look into your home to see what you buy, and they can freeze the bank accounts. i don't know what she needs extra 31 billion for. when the government is raining cash she will stand in line to take them. this is basically socialism on parade. think about this. i can't help but laugh. she is going after jamie dimon about treating customers better during the pandemic and by the way

let's bring in our good friend, scott shellady. >> yeah. a lot of america is getting paid over 40 grand a year to stay home. the government is in denial of that, or, or, i put on my tinfoil hat for a second here, maybe they keep the rate going until september, so all the other businesses acquiesce like chipotle did to raise pricing up to 15 bucks a hundred so they can say we didn't raise them you raised them. they will keep going this as long as they can so they don't get plamed to raise the minimum wage to $15 an hour. ashley: i don't think you need to wear a tinfoil hat to be on to something. you look good in it. scott what is going on with big tech? you're not apparently worried about the selloff? is this something you're not apparently worried about? >> you have to go to the root of the cause, if you worried about interest rates going from 1.55, to 1.65. i'm old enough like you 19.8% when you bought a car in 1980. i'm immune to see a little bit of a rise. a lot of folks are trying to get us to used to 2%, 2.25% 10-year. more you

back with us, shana sissell and scott shellady. you, this is a pipeline that would connect russia and bring energy supplies to germany. the president and the administration, they do have the authority to try to impose sanctions to block it. it would be a huge victory for vladmir putin but they're doing nothing. >> well the other big concern alititecyicic ern. ttaha gererman rtanpoantantananylluty'rehe tttt pssureem other oer otries o twis. his. all,ecl,l, rsia'ssieedee to ogeiloo getasoo ea ern europ robl p in iecentt yes.s. t ttt lon t tha thae had thhahaha iuesue t iheais resat o o o r rantingtingoo o asilhr to to tstoernernnn europe. soemss i ink wnk w shoul se erneerneer about and doing so sothin uscaus j to erus bee in a good relationship with an ally versus forcing that ally to make hard decisions, to do the right thing, jet news for supposed environmental reasons the purpose of shutting down keystone but alsop insure they're not increasing the power and dependency on a nation that we already know is, doesn't have you know, g

liz: okay, well to you, scott shellady. sarge makes the case that people want the solid sort of value-ish names by the way the ceo of honeywell was on this show this week, ceo of ford on the show this week, so they are coming here to the "claman countdown" to give their story. we've been on this case. where are the flows you see in and out of different sectors as we know that inflation is heating up. >> well that's the problem. i mean, i cover the school of i'm a little worried about myself here because i kind of have to agree with the fed a little bit. yes, we've thrown a ton of capital over the pandemic at our businesses and at our unemployed that necessarily doesn't have to go to the market. that might go in their stomachs because you have to eat and they have to live, but i also do know this. when we talk about these number, gdp today, we're reopening a 28- $29 trillion economy. now there's nobody on this planet that's ever seen that done before. so we flip the supply or the demand switch and that's automatic. demand is

scott shellady getting in print these days. , we saw the headline. what worries you the most? >> what worries me the most the left is trying to convince everybody in the country leaders need to be liked. that is a big problem because i'm sure macarthur and patton were not the best guys to have a beer with but they knew how to win. the problem with the left they're trying to humanize our leaders to such an extent it is more important to be liked by everybody than for them to lead. we don't have a leader. the problem we got rid of one because people didn't like him. doesn't matter if you like him or not, if he wins, if he goes 31-3, you rather have that guy that goes 3-31 but he is a nice guy. that is the problem we have ahead of us. in february of 2020, we had the best economy ever. all time in the world. now we shut it down. everybody understands why. but now, you could go ask a group of second graders how we get the economy back. i think most would say open it back up again. listen to the rhetoric. we have a problem where we ha

i love it scott shellady. thank you for being here. >> thank you,.thomas court. he is not chief justice but never before has he had the power and influence he has now. who wrote that? bill mcgurn wrote that in "the wall street journal" today. bill, he joins me now. tell me what cases is the supreme court are going to take up that are particularly important to you with clarence thomas running the court as you say he should? >> well, i think that the changes on the court have given justice thomas some great power that he didn't have before. so it comes as you say in choosing cases, and in outcomes. with the 6-3 conservative majority, for example, the chief justice can no longer side with the liberals and that decides the case. that won't work unless he brings over brett kavanaugh with him. and unless he has the majority, if he sides with the liberals in the minority, then he gives up the power to write the majority opinion. that would go, that decision would go to the justice with the most senority, clarence thomas. so he really come into his own. to y

joining me now, the cow guy, scott shellady, and kaltbaum capital management ceo gary kaltbaum, two folks who live in realville. i mean, they really deal with the real world, both of them. they're very common sense guys. [laughter] gary, i want to come to you first. this no comment by the president stood out because just previous to that question, he answered with a definitive no whether he was asked whether he was going to retaliate. he said no, definitively. when he was asked about whether he knew about or advised colonial on a ransom payment, he said no comment. what do you make of that? >> i make of it that the president knew there's -- look, or he's the president. i am sure he was not necessarily involved in negotiations, but he knows what's happened. and my big worrying or this is going to get fixed up over the next week or two if not soon, but there's a lot of bad players out there. and if this comes out and it's a fact that these people have gotten paid off, there's going to be others that do the same. and i'm just hoping all these people that run these pipelines are some real goo

scott shellady, thanks very much for being with us as always.art: talking here about the president's huge spending plan. he says, president biden says, there is bipartisan support for that spending plan. watch this, please. >> the good news i think there is overwhelming bipartisan support for this. look at polling data. republican voters overwhelmingly support it. now i have to get some of my republican colleagues support it. stuart: bill mcgurn with us this morning from "the wall street journal." senator mcconnell the minority leader in the senate he says that there is no gop senator who will support this infrastructure plan, not one. that is pushback. it makes me think that maybe we won't get this socialist take over. what say you? >> yeah. that was the same message senator tim scott gave the other night when he rebutted the president's address to congress. i'm not assure that it is really as genuinely popular as they claim because if it was, they wouldn't have to pretend that -- you can have a bipartisan bill with no republican votes. it's a,