robert rice, jerry howard. thank you. >> thank you. >> coming up, don't have a 401(k)? don't worry. there are other ways to build a nest egg and we'll show you how coming up. >>> and here's a look at what is for tomorrow. the adp report will offer a read on the health of private employment. also on the data front, international trade, an important economic indicator and weekly mortgage applications figures are out. and that is what to watch for on wednesday. >> and baby boomers have too much risk in their retirement portfolio, so says a recent study by fidelity which found that many older 401(k) account holders, like me, had higher acquisition to equity than their age. many don't regularly rebalance their portfolios. >> but what if you're one of the 77 million u.s. workers who don't even have a 401(k) or an employer-sponsor employer-sponsored retirement plan. fear not. what do you have to do to secure your retirement income if you don't have that pension plan, the 401(k)? >> reporter: that's almost half of workers. there are other ways to save that you should know about and that's s

robert rice jerry howard. thank you. >> thank you. >> coming up don't have a 401(k)? don't worry. there are other ways to build a nest egg and we'll show you how coming up. >>> and here's a look at what is for tomorrow. the adp report will offer a read on the health of private employment. also on the data front, international trade, an important economic indicator and weekly mortgage applications figures are out. and that is what to watch for on wednesday. >> and baby boomers have too much risk in their retirement portfolio, so says a recent study by fidelity which found that many older 401(k) account holders, like me had higher acquisition to equity than their age. many don't regularly rebalance their portfolios. >> but what if you're one of the 77 million u.s. workers who don't even have a 401(k) or an employer-sponsored employer-sponsored retirement plan. fear not. what do you have to do to secure your retirement income if you don't have that pension plan the 401(k)? >> reporter: that's almost half of workers. there are other ways to save that you should know about and that's s

robert rice, jerry howard. thank you. >> thank you. >> coming up, don't have a 401(k)? don't worry. there are other ways to build a nest egg and we'll show you how coming up. >>> and here's a look at what is for tomorrow. the adp report will offer a read on the health of private employment. also on the data front, international trade, an important economic indicator and weekly mortgage appliagtions figures are out. and that is what to watch for on wednesday. >> and baby boomers have too much risk in their retirement portfolio, so says a recent study by fidelity which found that many older 401(k) account holders, like me, had higher acquisition to equity than their age. many don't regularly rebalance their portfolios. >> but what if you're one of the 77 million u.s. workers who don't even have a 401(k) or an employer-sponsor employer-sponsored retirement plan. fear not. what do you have to do to secure your retirement income if you don't have that pension plan, the 401(k)? >> reporter: that's almost half of workers. there are other ways to save that you should know about and that's s

bring in manhattan national institute scholar robert rice who deals in the energy market. you're saying the u.s. produces, the fracking guys, are you saying that they run the world market now? >> there's no quell. that's exactly what's happening now, stuart, when you look at the productivity gains v happened in the u.s. in both oil and natural gas, it's astounding. you look back, say, 2006, the u.s. has added in terms of natural gas the equivalent of one iran's worth of product. we've seen these enormous gains as well in oil productivity in the united states and due to what earned the u.s. infinite ability of capital and dramatic increases of each drill rig that is being deployed. stuart: now, when you say productivity, you mean you drill a well and you get more out of it more quickly? >> exactly, stuart, it's both. you're able to moore drill more wells and the wells you do drill are more efficient. big player in south texas. in 2011 one of their rigs could drill 16 wells per year. last year that same rig was up to 41 wells in just a three-year periodical and the wells tha

you say rice has done his time and deserves another shot at playing pro football? >> at least in terms of remorse and in terms of what his criminal disposition was, even as ms. abrams said, he received his disposition, less severe than other people employed in the national football league. and there is one other issue that needs to be discussed in a collectively bargained for relationship like the national football league. when players who were convicted of criminal acts and misdemeanors and felonies are playing now, currently employed. it's an interesting question of proportionality. i think rice has shed more attention on this matter than anyone ever has. in large measure he made all the right moves in terms of contrition and terms of being circumspect about his act and what's happened. i don't think it's about forgiveness. it's about whether he has a right to earn a living again. >> what do you think about that? he does have a right to earn a living. >> absolutely, he has a right to earn a living. does he have the privilege in re rice's own words, the privilege

the rice crops are saved. once early in march the men of the brigade receive a surprise visit from one of hollywood's movie heroes, robert mitchum. during this enjoyable interlude there's talk of the glamorous girls of the film world. . in mid-april 1966 the second battalion of the 327th is left to guard the rice harvest and the rest of the brigade moves out on operation austin. two weeks in the area and then near the cambodian border. here with the ho chi minh trail enters south vietnam, the screaming eagles meet a regiment of the north vietnamese army. for a while the fighting is intense. the 502nd airborne infantry takes a number of casualties. it takes six days from the 14th to the 20th of may for the u.s. paratroopers to drive the north vietnamese aggressors out of their positions in the foothills. the communist regulars are well discipli disciplined, well equipped, and tenacious. in spite of heavy ground fire, army aviators get in with their dust off helicopters and the wounded are whisked away to safety

jonas joining us there and robert and lee we thank you so much for your time. so much so, bob rice, i want to bring you in on jonas' last comments there about these kinds of risky, liquid assets are in a lot of mutual funds. >> yeah. deirdre: without you or me knowing about it. >> that's 100% correct, and i think he's right. it was -- some of the stuff that we just said a moment ago a lot of the emerging market debt. i mean one of my favorite stories about that is that we've got major u.s. mutual fund complex, which i can't name right now sitting on 14% of a bond issue by mongolia came out two years ago and they're never going to be able recover. deirdre: so hang on. you're saying a firm that manages money for grandmas, people -- >> absolutely. deirdre: people who are going to retire. >> absolutely. deirdre: some of their money is in mongolian bond because supposedly it was a play on china. >> it was a play on china and the search for yield and they say, oh, we can sell them to china so we can take this bet. well, now the bet isn't a very good bet. saying not o