>> on the stream, >> baby boomers talk all age groups for suicide and divorce. is their something unique about them...or middle aged right now? join us >> the stream on al jazeera america >> continued bloodshed in israel's bald with hamas. four dozen children are killed in an air strike. former ambassador to the u.n, are bill richardson joins us. hello, i'm wajahatali in for antonio mora. >> for a few hours tomorrow. >> they're calling this a humanitarian pause. >> people at the moment are petrified, they are terrified of a potential ground invasion. >> see if they can find the way

to stop conflict. >> the obama administration pressing its case about immigration before the senate. democrats and republicans are trying to find a bipartisan compromise. >> the president should get a little more flexibility in dealing with the deportees. >> syrian president bashar al-assad is starting his third term. >> western and arab states will pay the price for supporting what he calls terrorism. >> in iraq a setback in tikrit. areas now claimed by the islamic state. >> california is taking drastic measures trying to lift the state from drought. >> fined $500 a day. >> there are areas of extreme deprivation out of water out of jobs. >> we begin with two crises, one

on southwest border and one in the middle east. ways to stop thousands of uncomploind central american minors from crossing the border. seeking solutions president obama met wednesday with members of the congressional hispanic caucus. we'll speak with a congressman who is actually in that meeting later in the program. meanwhile, a senior israeli official says chance he of a ground war is, darks -- chances of a ground war is very high. four palestinian boys were killed on a gaza beach by israeli attacks. 200 killed, 1600 wounded in the latest fighting. a funeral was held in israel wednesday for the first israeli killed in a palestinian attack. one struck a children's clinic in the city of ashkalon.

on the latest let's go to gaza with al jazeera nick schifrin. you're on the ground. four dozen members of the family were killed, the images of the grieving families is just devastating. what is the reaction? >> waj, you may have just heard as you were asking that question a massive air strike behind me. these kinds of images an the beach obviously filled this place with huge amount of anger. you know the reporters who were there who were watching from their hotel just a few feet away from the actual strike, say that there were no adults on that beach, and that the firing actually seemed to follow the kids. and so when reporters are reporting that and of course everyone in gaza is on twitter or facebook or talking about everything being reported, the anger is really spiking and the anger against israel is really

rising. the violence continues, there's been a lot of bombs and all of that is creating a lot of anger a lot of fear in gaza especially as you just referred to now that there's talk of some kind of ground invasion. >> nick you just mentioned bombs. israeli war planes also dropped thousands of leaf lets, warning more than 100,000 people to clear out of the area. does gaza expect the five hour humanitarian pause over? >> well, i don't think that military officials or government focials are saying exactly when the -- officials are saying exactly when the next mooch is going to be. what happened today that didn't happen before today is that military officials who briefed reporters who were living or working in tel aviv they said that a ground assault is clearly on the table. and that is not something that has been said before. what we have been hearing, every indication has been the people around prime minister benjamin

netanyahu decided against a ground assault or at least did not want to entertain one because of the fact of how many gazans and how many israelis would be killed and injured, there is no support among the israeli public and benjamin netanyahu has been someone who has always looked at the polls. there is a notion that a ground assault is add least a -- at least a little more likely than it was before. those leaf lets over 100,000 people are now being asked to evacuate, many, many of them are here in being gaza city, over 20,000 are filling u.n. schools and so the exodus of gazans from the area is underway. >> on america's southwest border i'm joined from washington, d.c,

bill richardson, congressman, energy secretary and u.s. ambassador to the united nations. governor richardson i'd like to play some sound from secretary of state kerry today commenting on the gaza action. your comments on this. >> our concern is to see the ceasefire and see if we can stop the conflict killing so we can get to the real issues that are underlying it. >> governor richardson you have been involved in delicate negotiations. should the united states be more involved in ending this fighting between israel and the palestinians? >> well i think first thing that needs to happen is the ceasefire. before we talk about any peace talks what we want to avoid is a further regional conflict that brings in syria that brings in lebanon. israel is besieged but at the same time, i think egypt is the new player. and a moderate player which is for the good. promoting the ceasefire, israel

agreed to it. hamas initially didn't. so i think what has happened now is the atmosphere for ceasefire talks. egypt should be encouraged fully to play that moderate roll. an effort by the united states should be initiated and other european countries to get the moderate palestinian arabs that are in the the west bank, the ab abbass of the world, because what we don't want is an inflammatory regional conflicts flict. we want to avoid those deaths. those were devastating deaths of those palestinian kids. but israel has got to defend itself. they have got hamas, they've got syria. they've got all kinds of terrorist threats. they're worried about iran. you know the best thing is an immediate, quick ceasefire, the u.s. should put a lot of its

strength behind that and i think secretary kerry made the appropriate remarks. >> governor are richardson you mentioned egypt. there are frayed relations between egypt and israel. going egypt has played this role of broker between the israelis and palestinians, they are a moderate arab country, their military is very powerful, they've got a new government there. what the role they should continue playing is obviously they have strong ties in the region. they have strong ties with the palestinian arabs that are on the west bank. yes, the relationship with hamas is frayed but they are in the best broker position of anybody. i think radicalized hamas is probably only going to listen to two players. one is egypt. the other is iran. maybe iran should help here.

i mean, we've got this deal with enrich uranium on the table. iran should be a constructive player in an issue like this, that tends to inflame the region. >> governor richardson you are the author of how to sweet talk a stark. strategy and stories from a master negotiator. i'm using you as a master negotiator here. how would you broker a truce between hamas and israel? >> one, get the moderate palestinians to pressure hamas. two, have a heart to heart talk with iran that enrich uranium talks and nuclear talks are linked on this issue. and 3, usual international opinion. go to the united nations. i know the u.n. has not been a good forum for the israeli-palestine issue but put it to russia and china on a u.n. mission that prey perhaps last a

peace keeping force. this heabt -- hasn't been used e but should be tried. we don't want a wider war on the region. >> how should we be dealing with the undocumented minors crisis? >> it is a humanitarian crisis of immense proportions. there should be a deal in the congress. the deal should be in change, in -- in exchange, in change for the president getting -- in exchange for the president getting more flexibility on the issue. the second part of the deal would be the president gets the detention centers he wants, the immigration judges. cracking down on traffickers. but i think what we also should look at waj is the issue of h-1-b skilled immigration visas that are lacking. this is a plus issue that jobs. there are a lot of skilled immigrant workers that come to the united states, they can't stay.

because they can't get green cards. these are from all around the world. they're scientists, they're high tech people. let's find ways to have comprehensive immigration that securitize the border. -- that secures the border. path for citizenship for the 11 million that are here. and this skilled worker provision that really can make a difference in our competitiveness. >> governor richardson on the flip side many republicans say the real issue here is security and deterrence. are they right? >> no, they're 90th right. -- they're not right. the border has become before this humanitarian crisis i was a border governor. it's become more secure, more technology, more boots on the ground has happened. but at the same time, this humanitarian crisis has happened, because of a loophole in what is a good law on sexual trafficking to protect these kids that come from central america to give them some kind of a window of protection.

but now, the situation is dire. and since the congress is not going to address comprehensive reform this year i don't believe as they should, we should move ahead with an agreement where the president gets more flexibility in some of these issues relating to deportation, in exchange for resources that are needed to deal with these 50,000 kids that, right now, are in a humanitarian crisis situation at the border, straining a number of states, and really, really finding ways for some kind of a short-term solution. that's all you can do. and hope that immigration reform next year is at the top of the list. >> governor richardson we all wish for bipartisanship in the u.s. so central american child migrants can be quickly returned to their home country. president obama says he will go

along with that as part of the overall package. does that have to be part of an overall solution to the problem? >> i think the president is right. he needs some flexibility to deal with this issue. and we've got to say to our friends in central america, el salvador, honduras, are mexico, the mexican government for instance is helping us in some of these detention issues but i think we also have to look at constructism finding ways at the borders of these central american countries, to provide some jobs for economic relief for these people but most importantly send a message to these central american governments that a lot of these kids and families are fleeing because of the repression of these governments. >> governor bill richardson, thanks for sharing your time with us tonight. >> thank you waj. >> and for more on the border crisis, i'm joined by congressman tony cardenas. who met with president obama as part of the congressional

hispanic caucus. the president says he is willing to see the congress modify these laws so the kids can return more quickly. nancy pelosi said she disagreed with that. what did the law say corkman congressman? >> these kids are coming from and that expediting the process is okay. but at the same time, it needs to be fair, and these children need representation and they need an opportunity not to be intimidated but to just explain the truth. and that's what they deserve and that's what the 2008 law provides. >> were you surprised that congressman henry quiellar a democrat supported a bill that would strip some of these migrant laws from these kids? >> he is one person and the hispanic caucus is 20 plus members strong and the rest of

us members stand united in equal position, making sure the due process is fair. whether or not it can be expedited we're going to need more resources for that but the bottom line is these young people need the opportunity to explain the situation they're in and some of them are fleeing for their lives. some of them have witnessed rapes and deaths, some of themselves have been raped whether in the country or on their journey to the united states. these human beings, these children deserve an opportunity to explain and if asylum is granted it will be with good reason. >> congressman you wrote an op ed piece on the hill, a refugee crisis clouded by a leadership crisis. whose leadership is failing here? >> speaker boehner in the house i'm a member of, i'm proud to be a congressman but at the same time i've never been in a more dysfunctional environment than i'm in

now. the house passed a comprehensive immigration bill over a year ago. the kind of work that elected bodies were elected to do we have a great democracy and right now the house i'm working in is acting in a very dysfunctional fashion. >> the failure is squarely on president obama's shoulders say the latinos, he should have used executive authority, not making the major moves, what do you say about that? >> the hispanic caucus met with president obama in march of this year and he promised right around this time in july if the congress had not acted that he would use the power of his authority and the pen to do what he can. and that's what we talked to him about today, when the hispanic caucus met with him. he promised to sharpen his pen and shortly thereafter he's going otake actions unilateral

actions he has the authority to do. >> congressman if these kids have been allowed to say here, 57,000 that have come this year, some say by autumn there will be 90,000, should they be given a path to citizenship even though they enter the country illegally? >> they should be given a path if they are in fact refugees if they can prove and explain to us the horrendous conditions they fled. that's why they came here. they have a right to explain themselves. we have a responsibility to follow the law and make sure they have the opportunity to do so. they came here yes, but in technicality, breaking the law yet at the same time from a humanitarian vantage point and human spirit vantage point they fled for their lives. they're here now. we have a responsibility to care for them like the little human beings they are and make sure they have due process to explain why they came and those children

who are here because they fled for their lives they have a right to seek asylum and we have a responsibility to grant them that. >> congressman do you expect this issue to come to a vote next week? >> i hope and pray it comes to a vote next week. the resources that they need. certainly when you have this kind of influx that is over 50,000 just in the last eight months whereas before there was less than half that in any 12 month period what you are looking at is a crisis, all the other departments that are stretched on this issue they need the resources to deal with this quickly and to give these children the environment that human beings deserve. >> conmawf congressman tony cardenas, thank you. >> you're welcome. world. president obama announced new

are sanctions, against russia. >> we have emphasized our preference to resolve this issue diplomatically. but we have to see concrete actions and not just words. so far russia has failed to take any of the steps that i mentioned. in fact russia's support for the separatist violations of ukraine's sovereignty has continued. >> putin later responded that the sanctions would are damage the image of the united states and its major companies. next we move to the philippines, where typhoon has left more than 400 ,000 residents evacuated from their home. the typhoon passed through most densely pops populated part of the country with some 17 million living in the storm's path.

brazil, german soccer player is changing people's lives. after germany's world cup victory he used some of his 30 300,000 euro bonus children. this is my personal thank you for hospital if i at that time of the people of -- hospitality of the people of brazil. coming up. we will bring you a north american who brought the pitch and died fighting overseas. and why does the cdc keep losing samples of deadly plus our social media producer, hermela aregawi. , what is trending? >> it was supposed to be for good but a scavenger hunt in california had unintended consequences. i'll tell you coming up. join us in the conversation

>> wednesday syrian president bashar al-assad walked the red carpet receiving enthusiastic representation, third seven year term as president. in a speech assad refused to characterize the conflict as a civil war. displaced millions, foreign fighters recruited to support an islamic state in syria iraq and beyond. the islamic state group formerly i.s.i.l. continues to gain ground on the battle field with a social media campaign.

joining me from washington, d.c, brian fishman, formerly director of research at combating terrorism center in west point. brian glad to have you there. syria has been in focus of defeating the islamic state group. how concerned they are about western recruitment. this is an example of what they're hearing about. check it out. >> i was like any other regular canadian. i watched hockey. i went to the cottage in the summertime. i liked outdoors, i liked sports. i had money, i had a family. i had good friends, i had colleagues. it wasn't like i was social outcast, wasn't like i was an anarchist, not destroying and killing everybody, no i was a very good person and mujica uh

muja hadeen. regular people too. appealing to the fringe or the mainstream? >> well, when you look at terrorists of all stripes one of the shocking things about them is they oftentimes seem like regular people until they decide to go off and do something are violent. not like the islamic state of syria and iraq. that is clearly a propaganda video designed to attract other westerners, canadians, americans, western europe, english speakers that might be attempted to join i.s.i.l. or the islamic state as they now call themselves and what he's trying to do is basically say look, it's okay even if you don't have training, even if you're not prepared for this

environment, i made that leap and you can as well. unfortunately that's going to -- he's going to have some success with that. >> brian, just to be fair, are canada, he wasn't such a normal and nice guy he was arrested twice and he actually tried to learn about bomb-making. >> yeah, this is something you see though with other folks who have joined jihadi organizations, they dabble looking at anarchist or communist far left movements. surprising. there is something about these folks that are -- when people are drawn to these violent groups, there are two sides, often they are attracted to an ideology, but sometimes they are attracted to social norms that they're in. bounce from one counterculture ideology to another and this seems like the case as well. >> how does isg compare to al qaeda? they posted almost 40,000 tweets as they took

mosul, iraq's second largest city. are they indeed more sophisticated? >> the general outlines of the way these organizations use social media has changed as technology has changed. shortly after the invasion of iraq with the ability of upload very large amounts of video, you saw video being posted rather than text online. forum websites where there are bra back and forth with the organizations and with the civil war in syria i think this came at a time when twitter and facebook really had taken off and that's where you see the islamic state and other militant organizations in syria in particular releasing material through those vectors. what happens there and what's really interest going it is that that gives potential followers direct access to people that are on the ground. and you know whether it's -- you know recruitment to any organization, whether it's a you

know, greenpeace or you know, to be a red cross volunteer or to go to iraq to fight, the way you recruit people is somebody that's been there that's done it stands up and says i was like you and you should come and join me, that's what they're trying to do. >> islamic fieders continu -- fighters continue to control large parts of iraq. this is going on as iraq struggles to form a new government. is isg gaining power as this parliamentary process is playing out? >> yes and no. on the one hand i think this coalition of largely sunni groups that has aligned with groups entrenching itself in north and west of iraq. but the longer there's a stalemate the longer there's going to be tension, many of those other groups that they are

aligned with whether it's tribal organizations or other militant networks formed out of old boogityis baath members, i think that coalition will are crack eventually. >> brian, we should both of both be scared. when we talked about glen greenwald's latest nsa issues, tweet following, wake up my brother in this blessed month of ramadan and see the evil for what it is. and even one of your quotes was featured in an i.s.i.s. magazine. con grath on congrats i think. at least they call me brother

because i'm coming out better than you. >> i was called -- >> definitely better than you. >> i think what it shows in these causes is that these folks say they don't care about having any sort of external validation but it's not true. they do want that external validation and they want it from folks with credentials like mine. we basically said look these guys are getting stronger. they're a real power in the middle east and we have to deal with them as such and so what i.s.i.s. is trying to do in this case is even the bad guys referring to me in this case believe we're powerful and it's that power that they're trying to use more than anything else to recruit. it's the specter of them having success on the ground that i 30 is most dangerous here. their theological justifications are weak and they've been attacked on those by a huge spectrum of the muslim community around the world and so what they really rest on is that they

are advancing on the ground that they have power. >> brian fishman. keep tweeting safely. great talking to you. >> good talking to you as well. >> we turn to are disturbing lapses run by the centers for disease control and the national institutes of healthy. in june, 80 cdc workers were exposed to anthrax before transferring it to another lab. in march, one lab cross contaminated a sample of bird flu. tim murphy blasted there cdc director dr. tom freedman. >> this is like saying i didn't know the gun was loaded, for somebody to get shot. for somebody to say, i didn't think the anthrax was live, if you have the ability to not only reprimand such personnel but to

fire them? >> and we recognize the need to make sweeping improvements in our culture of safety. if our investigation finds that there is negligence, that people knowingly failed to report or took actions that were likely to or should have been known to endanger themselves or others then we will take appropriate action. >> joining us now from massachusetts is mark lipscich. hard harvard school of public health. thank you for joining us. the cdc is charged with tracking every infectious disease in the world. lab workers using expired disinn disinfectants, and number 3, storing anthrax is in an unlocked

refrigerator. how serious are these safety violations? >> i think all such safety violations are potentially serious. it looks like newspaper of those who were exposed got infected which is something to be rmg thankful for. but the fact that humans tend to get lax when they're dealing with risks that they're accustomed to. if you or i were in an anthrax lab we would be way more careful than is necessary but people who work on anything day in day out sometimes get to think or at least act as if the risks are smaller than they are. >> mark you mentioned lax and that's what scarce me. at the congressional hearing one of the biosafety experts asked a question. if these problems exist at the cdc, what's going on at the other labs, that handle highly are

dangerous are pathogens? >> for the potential for accidents. people talk about how safe some of these labs are because of the mechanical systems that they have in place and all of that helps. but when there are human beings involved there is always a risk of an accident. >> mark this is the scariest part. biosafety experts are concerned that pathogens could put entire communities at risk. he was talking about, quote, not a neighborhood in atlanta, i'm talking about a state, a country, a planet. mark, this is terrifying, this reminds me of dawn of the planet of the apes, 28 days, and potential new pathogens raise grave new concerns. what are they? >> the concern is with any infectious agent we worry about the person who might become exposed and whether it would cause harm to them.

but with a small fraction of all the viruses out there, there's also the concern that the accidental infection could lead to a further outbreak and uncontrolled spread. particularly concerning to many of us is the work that's being done right now in several labs around the world, sponsored by several governments, most notably the united states government, that creates novel strains of influenza which are designed the way they are created to be both virulent and especially transmissible from one person to the next. that's the most disturbing of all of this. >> here is another disturbing news. on friday, the cdc announced two of six vials of smallpox, stored since 1954, containing live virus capable of infecting people today.

how did something that bad not get flagged? >> exposure of what's supposed to happen at the time it was decided by the global community to destroy all smallpox except in two laboratories, once that passed and they were never known they were probably not looked for until they were stumbled upon. it's hard to tell the world destroy all your smallpox and imagine everybody in the world hears that and knows where all their smallpox is. most laboratories are not as carefully inventoried as that. >> mark the government accounting office says there has been no comprehensive evaluation of whether adequate planning is in place to make sure these labs stay up to date or adequately staffed. the cdc says they recognize any oversight mechanisms. tell me what needs to be done to ensure public safety? >> i think there is a need for a

real close look at the overall biosafety environment that we have. one of the most important aspects to me is to focus our strongest attention on those infectious agents that could cause widespread disease, if they were to accidentally infect an individual. any case of an infectious disease is worrisome but we do not treat the contagious and viril virulent pathogens as well as we should. and once we treat genetic changes and deliberate change in these pathogens we need to throw away the list. >> mark lipsich. you have given me some hope as well as terrifying me. thank you for your time. >> thank you.

>> what's trending on the webb. hermella. >> it's a social experiment gone wrong. you may have heard of the twitter account, hidden cash. bay area real estate investor jason bouvey started it in may calling it a social experiment for good. but the experiment went awry, the tweet read william penn park in whittier, there are seriously no one here and it will be hours before all is found. it was safe and friendly but also got rather messy. roughly 1,000 people showed up for the scavenger hunt, making it difficult for residents and police to access the area. leaving behind $5,000 worth of damages. the creator apologized, going forward we'll learn from this as the crowds are big event locations need to be selected

even more carefully. the do-gooder has agreed to pay for all repairs and cleanup and is continuing his experiment. the part of the u.c. where there are three woods, that is the clue. something happened in malaga spain, making him realize he must be more strategic coming forward. straight ahead, the california drought has cost the state billions of dollars and you're about to see it. big tobacco is looking to expand its base. and social media is all aat >> i'm ali velshi, the news has become this thing where you talk to experts about people, and al jazeera has really tried to talk to people, about their stories. we are not meant to be your first choice for entertainment. we are ment to be your first choice for the news.

>> california is in the midst of a drought of unprecedented scale. now in its third year the drought is expected to cost the california economy $2.2 billion in 2014, maim in the agricultural sector which produces a large amount of the nation's food. scientists fear that the drought will continue for at least another year. just how would that impact the rest of the united states across the country? joining us from sacramento, california is timothy quinn, serves as executive director of the association of california water agencies. tim i was born and raised in california. look we're no strangers to droughts, water restrictions, brown lawns, green-painted lawns. all common. how does this compare to what we've seen in the past? >> it's pretty unpresence dented. last year was the dryest year on record. this year was the third dryest year on record. as you

mentioned woj thi waj, our reservoirs are nearly imment. empty. i've certainly never seen it this bad. i don't think it has ever been this bad. this is historically unprecedented. >> a study by u.c. davis says the drought will cost california $2 billion. california grows a huge amount of food consumed in the u.s. how will this affect the country? >> not a lot but if this drought gets worse it will have an impact. california grows 70, 80% of much of the produce that americans school. california one of the most productive agricultural regions in the world, they're turning heavily towards groundwater. they've lost about 600 million acre feet a year of surface

supplies, that groundwater is going to run out. they can't keep doing that. if we keep having dry years it's going to get much worse for california agriculture and for the american consumer of food. >> this impact on groundwater reserve is a slow moving train wreck. why should we be concerned? >> well, in california we need to be concerned because those groundwater basins are our life line for the future. we use a lot of surface water in the state but a great deal of groundwater as well. this drought did not create a groundwater crisis in california but it's made it worse so we're dealing with a drought of surface supplies and at the same time we have crisis conditions in our groundwater basins and we are working on that issue in the legislature and in the brown administration. >> unprecedented measure that would allow local officials to fine people up to $500 per day for wasting water. to harsh or totally necessary?

-- too harsh or totally necessary? >> we believe it's too necessary. by the way it's a little stronger than what you suggested. they are ordering local urban agencies of a certain size throughout california to impose mandates on that -- that forbid wasted water, you just flat shouldn't be using a hose to sweep your driveway off, use a broom. and they're requiring every urban water supplier in california to are invoke mandatory means for waterways. i think this is going to galvanize the american public the way we need to galvanize them. i think the state water resources control board is going to force everybody to take this drought more seriously. >> speaking about seriousness. in january governor brown called on are californians to cut usage by 20%.

but water use has gone up by 1% over 3 years. this is unprecedented what's happening here in california. >> i want to emphasize that if you look at the data earlier this year we were just becoming drought aware and water use wasn't responding. those places like sacramento where i'm sitting today they know they have got a pretty serious problem and water use here in sacramento is down by 13% compared to the last couple of years. so what we're looking for here is for more and more californians to become aware of just how serious this drought emergency is and they will. i mean with every urban water supplier declaring mandatory reductions in water use californians are about to get it and when they get it historically they save water. they don't use nearly as much. my wife and i have been doing navy showers and not flushing the toilet and have brown lawns since january of this year and when we get to august i think a great many of californians can do the same thing.

>> you can't expect people not to flush the toilet but californians have been praying rain, some are expecting rain next year due to the el nino cycle. will that help to alleviate the drought? >> we hope we will have a good rain next year. some el ninos are wet, some are dry. i believe in the maxim, hope for the best, pray for worst. >> thank you for coming. >> thank you very much. >> first when you thought smoking was on the way out, big >> on the stream, >> baby boomers talk all age groups for suicide and divorce. is their something unique about them...or middle aged right now? join us >> the stream on al jazeera america

>> today's data dive looks at the return of the marlboro man. 42% regularly lit up in the '60s. today only about 20%. that still leaves more than 40 million americans with the habit. however, the wall street journey journal says, just when america thought it was back, smoking pulls them

back in. the lgbt community has 10% more smoking adults. one example, american spirit jumped on marriage equality to gain new users. this type of outreach was allegedly outlined in a phillip morris plan, two decades ago. project scum for short. other demos, smokers today are less educated today than in the past lest than 9% have an undergraduate degree. whites smoke more than any other race, followed closely by african americans. menthol cigarettes are given the reason for that rarnging. rarng -- ranking. fda is talking about banning them. easier to smoke, harder to quit.

reynolds tobacco said they will buy the company that makes menthols. e-cigarettes have started to slip. kicking the hand is easier said than done. just 1 in 20 who threaten to quit actually do. >> start with one issue ad guests on all sides of the debate. and a host willing to ask the tough questions and you'll get... the inside story ray suarez hosts inside story weekdays at 5pm et / 2pm pt only on al jazeera america >> the violence has continued just a couple of miles from here >> just a short while ago we heard a large air strike very close by... >> people here are worried that this already serious situation may escalate. >> for continuing coverage of the israeli - palestinian conflict, stay with al jazeera america your global news leader. @jvé

presents... holy money only on al jazeera america >> our social media stocks just another bubble? fed judiciary janet general gave a an eerie warning. particularly those for smaller firms and to social media and biotechnology industries.

not too friendly to facebook and twitter. they felt the effects after her comments. let's bring in paulie mossins, and social media producer hermella aregawi. >> we saw facebook go down 1.7%, we saw yelp fall 1%. stocks actually closed down for the day so this was really an immediate impact. wasn't anything close in the past where the stocks really took a tumble. >> facebook is doing much better than it originally came out. why is she saying they are stretched? do you believe they are overvalued? >> what we really need to take a look at is these privately held companies that the public

companies have purchased. they have recently purchased what's app, not turned that kind of profit. instagram 1 billion, instagram was acquired for $3 billion and hasn't maid a cent. private companies that the public companies have invested in. >> hermella what are you seeing? >> asked if it was appropriate for the federal reserve to be commenting on the value of a particular industry's stocks. here is what he said. >> i think it is appropriate for trends. it is not appropriate for us to comment on individual market movements. >> how do you interpret his comment? >> i think he is talking about the 1996 allen greenspan's comments.

irrational exuberance. she's saying similar, she is looking at the market as a whole and for her in her position, social media companies is really something very broad. she might be throwing in companies that have a very intense digital presence, in with the facebooks and the twitters, so from her point of view she is really seek going a trend not a specific company in hand, that would be appropriate if she nails continuous companies, twitter, facebook, which she did not. >> what about the fact that credit social media value will triple over the next five years? >> they are looking at the potential ad dollars. they are looking at the potential new customers. but for her she can look at profits in real time. while people may join, are people may fall off.

myspace, they plummeted very, very rapidly. that's what she has to look at. how the market will change over time. >> reminded you of many people like alan greenspan's irrational exuberance comments. can't remember a small group being called out by fed. banks. what are the social media giants saying? >> i think it's a very good argument that they're making. they're sayings look we're going ochange, we're going to adapt, right now we're still small. while it is a fair justification for them to make, they might be saying we're not the banks in the tech, 39 biotech companies ipo, the year before that it was only 12.

while she said small it's not really about small, it's booming, right now it's the biggest growth spurt that we are seeing. >> do you feel there's a social media burst or is this hyperbole? >> i think it's all hyperbole. this is cusp, not the forefront. when greenspan made his comment, five years before the burst went into effect. she's not saying pull out your stock go catch it in, this is something -- go cash it in, they need to work harder to be worth those evaluations, argue that the $19 billion that what's app has been valued at. >> the amazing story of how a local furniture maker battled off shoring. the conversation always continues on our

wind, aljazeera.com/creditthis. we'll see you next time. >> >> hello, and welcome to aljazeera america. i'm del walters. and these are the stories we're following for you. a temporary pause in airstrikes and rockets ends. the fighting between israelis and palestinians resumes. heavy fighting in eastern ukraine. the government accusing russia of shooting down one of its jets. and they have been missing for three full months. the update on the missing nigerian schoolgirls.