Nike was releasing a line of sneakers for the Fourth of July featuring the original Betsy Ross American flag with 13 stars in a circle until one of their spokesmen, former NFL quarterback Colin Kaepernick of "I refuse to stand for the national anthem" fame, called it a racist symbol. Now the shoe company has lost a tax credit in Arizona, and the business of several highly visible politicians. Did Nike make a big mistake?

Nancy Shack fills in for Dan.