recession for illinois. they have only gotten worse. it makes it very state right behind california. certainly not anything to brag about, but there are a lot of states that have done better. thank you for joining us tonight. we appreciate your being here. have a great evening and we will see you tomorrow. lou: evening, everybody. governor romney heading into a newly aggressive and energized campaign that has been on the offensive since the addition of congressman paul ryan to the ticket. romney and the republican party entering party entering the final two months of his campaign with almost $60 billion in tax advantage over the incumbent president. governor romney has raked in more than $100 million over the next three months, money he will need and what has been one of the nastiest campaigns in presidential history. the romney and ryan campaign

says they are focusing on what they call the obama camp's practice of denying truth altogether. >> remember when president obama stand in front of all of the pillars and all those things and say, we are not blue states are red states, we are the united states of america and i will be a uniter and not a divider? it is the most partisan, divisive climate we have ever had. >> the campaign has suggested repeatedly without proof that mitt romney is hiding something in his tax return returns. they suggest he might be a felon for his power at bain capital and the white house links mr. romney to a woman's death from cancer. are you comfortable with the tone of these set by your campaign? have you asked them to change your tone? >> first of all, i'm not sure that all those characterizations

that you laid out were accurate. for example coming nobody accused mr. romney of being a felon. lou: it was the president's own deputy campaign manager suggesting more than once a romney may have committed a felony. the rhetoric may have energized the presence-based but at the risk of turning off independents igo will be key to victory in november. joining me now is the chairman of the republican national committee, rice previous, who is very busy. congratulations on being a new member of the ticket.cited he has excited conservatives. what is the broader reaction within the party as best as you can judge. o >> i can tell you one thing. well over seven and a half million dollars in the door,l small donations have been made in pau. ryan same. the basis is totally ecstatic.rp

and character that governor i think that people appreciate and really value the leadership and character that governor romney show in picking that ultimately, this is about not just winning, the governing like a campaign.ampa lou: it is interesting to see the general reaction in theee media. the national liberal media they have succeeded at least in saying that governor romney made a bold, unexpected and a bold a apparently very positive choicei as his running mate. so he's off to a good start in e that respect.>> the >> across we are seeing in the country, i just came off spending a few days with paul ryan on the road and it has been unbelievable. the crowds of and through the roof, people are excited and how to f exciting about havinge. this debate and starting overnt

from a president who put us in a ap ditch.ng to the lou: that is something unexpected. that is crowds. did you expect this physical and >> apparently sponsored placement on the ticket? >> i did. i have known him for a long time. i see what he has done in thee o district. i am from kenosha, wisconsin. wenown well-known. paul is for him janesville.bee he has been very effective at sellinsegll his ideas from taled talent, one-on-one, and that's what he's going to doo across america say when he what he was trying to sell his ideas today. and as the interview went on, which i thought, frankly, he did very well. brit hume did very well as always. but i thought, you know, my

goodness. we are talking aboutbo medicare. we are talking about projections and the impact onpr the deficit and entitlements. $760 billion moved to the from bamacare and then squaring up the obama, excuse me, the mitt plan. romney plan. and the ryan plan. this is heavy sledding and heavy sledding for all of the candidates as well as those ofi, us in the national media, we don't like to do that type ofthh thing. >> the one thing is you have to know your stuff.is the reality is this president promised a couple of things.ed e but he cut the debt or deficit in half by the end of the first term. but you can't make those promises unless you deal with skyrocketing cost of medicare. one thing that everyone needs to know, what paul ryan had suggested in his budget proposal from years ago is that anyis

person in america who is 55rold years old or over is unaffected by all of the talk. if you're 55 years or older, nothing of what we are talkingu about the effects you. it is about future generations.o lou: with limited amount of time, as both governor romney and congressman ryan pointed out, it's always great to talk with you, turn to. thank you for being here. joining us now is art laffer. chairman of laffer associates and author of the eureka, the way to fix california's. forty-nine other states to go. >> that is a big one. if we get that one, a lot of others will come along with it. you must turn to what you described as the economic reality of it. i can't even imagine why there is so little.

i can't even imagine why there is not more discussion, some semblance of leadership in washington on dealing with the so-called fiscal quite. aame- >> they should, but it's very tough for a wing duck congress. all of these people are lame tot duck.o including the president.ree to try to make policies that last for two or three decades. the right answer is to do something like simpson-bowles wh were you lower taxer rates. that's exactly what we need right now. now supported by almost every democrat -- 97 of them voted for it we will as you know very well, the 1986 tax reform actg i was long in consideration and al analysis planning and proposal.f this would be the back of theene envelope stuff by comparison. it would be irresponsible. why not a short-term hold themni in advance -- areferring to the white house andte congress andwt

let's restore the status quo >>rough the next 12 months. >> a si 6x year or 12 year extension for everything. that's what should be done. that, there's still af taxes lot of taxes.ille that has gone. there will be a bunch of other stuff that was in obama's planso lou: the medical devices andtop. etc. >> you got it. it just doesn't stop in this wonderful america. ay this isn't the way america and t operates though. that is one of the things that is most disturbing aboutnanc obamacare.he nancy pelosi saying that once wn pass it, we find out what's in e it.scor those comments turned out to bef scurrilous. mber nation about thr economic futures. >> that is the way was, not that she said it. they didn't read. they did not know what was in

it. a partisan piece of legislation. got you to the republicans. not one republican vote. and it just -- i mean, in the senate not one. they both voted against it. it is shocking that the push that through, but that was partisanship. lou: partisanship, but on the other hand it has become the way of washington here of late. that is the -- i certainly hope you're right, but if it is not undone or at least held in advance before the election, and all likely we're going to face disaster because these are not issues that will wait to see whether or not elected officials are in the mood to be responsible in a lame-duck session. >> that text with is verabout $y

compared to one and a half, two and a half million in taxes. that is a very, very large number, and it will have devastating effect on the economy. lou: what are the effects of -- i'm sorry, what are the effects of if i know for a fact that cuba voted, and that this may shock a lot of people. you voted twice for president clinton. and here he is now taking center stage at the democratic convention. how powerful, how propulsive force the obama reelection efforts will be b? you will. i voted for him twice, and i think bill clinton was one of the best presidents we've ever had. we get rid of the retirement test of social security, pushing nafta through congress against his own party, against the unions. signs of the biggest capital gains tax cut in our nation's

history. welfare reform. most of all, he cut a government spending. as a share of gdp. more than the next four best peacetime presidents ever. this guy was a supply-side pro-growth. comparing him with obama is night and day. bill clinton was a great president. this one is below par. lou: it's going to be interesting to see how he is handicapped in this coming out of that convention competing for, well, for the state. anthony scalia. fox news legal analyst peter johnson junior offers his opinion here next. henry, fox ne

house correspondent. the debate over gucontrol ting tonight. lou: the debate over gun control exploiting tonight. president obama will evaluate new legislation that seeks to ban be an online sales of ammunition. this after supreme court justici ansley scalia seem to advocateo' gun control laws. joining me now is peter johnson junior. peter, you watch the interview.e

it was fascinating to me, but at t eonfsame time, it is a bit the same ways. lou chicago looking those bans on guns. >> it does count. chicago does count. it points to restrictions on guns in this country. it points to mentally ill people, people convicted of crimes. certain restrictions in terms of schools and the like. a lot of people are concerned.

lou: leave it to justice anthony scalia. very few people do that. chris was entertaining, as were we all. for example, said the justice, if you carried around a really horrible weapon, just to scare people like a head after something, that was, i believe, a misdemeanor. >> the interesting thing is that this notion -- there is a law in north carolina that is similar to that. saying that you can cause terror by carrying a handgun in the open. but the concept is in that state, there is an open carry law. so you can go to jail for doing something that is legal. that is the problem with gun control in this country.

>> can you go to jail in north carolina or is it a tort and civil law? >> i will look most respectfully at this. it is not a personal injury claim. it would actually be something that we could be arrested with, you know. lou: i can imagine there thousands upon thousands of personal injury attorneys salivating. >> i think what the justice was saying is that there can be restrictions in terms of guns in this country. there are certain things that have not come before the court that these organizations are trying to bring before the court. that has been the weapon against firearms. i represented the portion of the gun industry by claims of wrongful death and class-action claims. lou: it was very successful. in fact, creating a firewall

around industry that a lot of people thought would never be possible. >> the law is wrong. lou: is the justice wrong here in suggesting -- the clear intimation by justice scalia is that there is the second amendment and it is simply creates an intensive legal minds, limitations on those rides at the state-level. >> i think he has made it clear that he believes the due process clause of the 14th amendment to incorporate the second amendment. i think what he is also saying is that he is a true constitutionalist. but it should be based on the standards at the time of the founders and of the drafters of the constitution. that is the standard by which it will be judged. lou: he raised strict interpretation, if you will, textualists, originalist. and if we can get more nuanced or more focused -- i'm not sure

how. how to get us out of the weeds, if you will. the fact of the matter is, that we have a constitution and the right that seems straightforward. >> it is straightforward. the problem you are exposing is that it is twisted. just as you talk about banning all my ammunition, the argument is made that there was no online. at the founding of this country. there was no extended toward. therefore it is not protecting the second amendment for the debate goes on. he has added to it in ways that people do not expect. lou: it's interesting that you brought up the tour. we talk about twisted and tort and torture. the etymology gets interesting as we divert through the woods on

them on. up next, it's a tale of two states and the clear example of just how much leadership does matter. that is in snipes "chalk talk" everyone has goals. take the steps to reach yours, with us with real advice, for real goals. the us bank wealth management advisor can help you. every step of the way. from big steps, to little steps. since 1863 we've helped guide our clients, so they can take the steps to help grow, preserve, and pass along their wealth. so their footsteps can help the next generation find their own path. all of us serving you. us bank

lou: let's talk about the choctaw. i am in trouble with my wife before we even begin with the choctaw. we are going to talk about two very different governors. first we have maryland. governed by a liberal democrat, martin o'malley, and virginia, governed by bob mcdonald. this is a metaphor for what is going on in the national choice

that will be made in november. both of these have been rising stars within their parties and serve as chairman of their party's national governors association. pretty impressive. maryland and virginia are also two states surrounding washington dc into which taxpayer dollars/all the time in huge amounts and with great regularity. let's take a look at what is happening to the states, the economies in the political environment. since taking office in 2007, governor o'malley has enacted 19 tax hikes. just trying to help the two parties understand where they are with the economy and politics. nineteen major tax hikes, a millionaire's tax, sales tax from a vehicle tax, a tobacco

and alcohol sales tax. maryland and governor o'malley. they are behind it. as a result, the tax group, antitax group called change maryland, is comprised of 30,000 former wealthy residents of maryland. they fled the state and its high taxes. they are out of there. that is estimated to have cost maryland more than $1.5 billion. $1.5 billion. that is part of a larger trend. maryland has 100,000 residents. 100,000 residents in the past decade. let's contrast that with

virginia. virginia has lower corporate tax rates than maryland. virginia actually gaining more than 100,000 residents. 107,000 residents over the past decade. meanwhile, virginia just posted its third straight but coetzer plus. -- third surplus. virgin is 5.7% unemployment rate is the lowest in the entire region. much lower than maryland. which, by the way, is much better than the country. it has seen unemployment rise from 6.5% -- 6.5% at the beginning of the year, and that has now risen to nearly 7%.

6.9%. in the course of six months, you are talking about basically four tenths of a percentage point. 7%, basically. despite all those taxes, maryland is carrying a deficit of about a half billion dollars. a deficit, despite all of this, of a half billion dollars. are you kidding? there are more differences, of course. unlike maryland, virginia is a right to work state. meaning that employees have a right to keep a job without joining any union. it is no wonder that the ceo magazine named virginia as the seventh best state in the union in which to do business.

while maryland, we are getting a lot of numbers under maryland. i assume the governor is used to that. maryland is 40th to do business in. it makes you wonder what the last 10 are. a separate study by the american legislative exchange council ranked virginia third in the nation for economic prospects. they were rated third. compared to maryland's 21st. the politics of it all, the virginia governor is talked about as a vice presidential contender. maryland's governor dropping hints about a potential run for rd. yes, he does have a record. we will take that up in the "chalk talk." what was he thinking? congressman todd akin, a fundamental misunderstanding ofn on life support. inside the mind of a defined

and bank of bundle -- fundamental misunderstanding release me! you should eat something that's good for you before you go outside. never! it's a new fiber one chewy bar. chocolatey and delicious. mmm. [ male announcer ] new fiber one chewy bars.

great taste kids love plus calcium and fiber kids need.

for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain.

other serious stomach conditions may still exist. talk to your doctor about nexium. lou: misery congressmen ignoring calls to drop out out out of the raceof controversial within within -- legitimate rape comment about this biden new ups poll showing clear mccaskill leads 48/38% he had a one point* lead lead. if she can't break 50% after a race like this, democrats should ask clair mccaskill sat down. end quote. we are joining out to analyze todd akin's comments. doctor jeff gardere,

psychotherapist doctor robi ludwig. all right. doctor ludwig, what could possibly have been going through a man's mind has a bachelors degree in engineering, who served in congress and has a masters degree as well. how could such a thing happen? >> i certainly think that his comments were misogynistic. definitely anti-women. and he wanted to show that he was a voice and he wanted to show his mission government what he was thinking and saying it's just not biological reality. women are raped and get pregnant all the time. the fact that he used the word

legitimate rape, that is particularly insulting. >> i think this is the typical example of just because you have a high iq, doesn't mean that you are an intelligent person. that is why we look at emotional iq. because you have if you have a higher emotional iq, you don't kind of spew that kind of insanity. it is really what planet are you on. what he said was very delusional. >> it is not thinking. >> he is much more sophisticated than that. >> evidently not he is not sophisticated and thinking about the emotional or physical well-being of the mother who is being raped. lou: first of all, i don't think there is a soul watching this broadcast requires an education in either anatomy or biology, and i can't imagine this congressman -- i can't imagine what he was thinking. i can't imagine the motive based

on a. >> i know. lou: i can't imagine what joe biden was talking about talking to black people, talking about that mitt romney, saying clearly, we'll put them back in chains. what goes through a man's mind? why is there a discreet judgment being made between two highly offensive statements? >> it goes right back to what doctor robi ludwig was saying. this idea of playing to your audience and wanting to be loved by your audience. and i think that was a situation where the vice president was in front of a black audience and reach out to them and use certain words. quite honestly, i found it offensive demand democrats saying that and republicans saying that, come especially for the audience you are speaking to. lou: wait a minute.

[talking over each other] >> oh, come on. [talking over each other] lou: rationally, we are saying here -- why should we tolerate that kind of nonsense? why should there be a duble standard? why should there not be a voice of some sort saying that todd akin is a darn fool. and so is the vice president of the united states. >> they were thinking and saying and not on the air. [talking over each other] >> when you compare what they said and what biden may have said, being offensive to people like myself, maybe not as offensive to everyone. what todd akin said was offensive to all women. lou: you are saying there are more women and blacks? >> i'm looking at the idea of sexuality and someone -- [talking over each other]

>> basically not demonizing but devaluing women. and their rights. [talking over each other] lou: here is another little problem. the fact is that that is precisely what the vice president of the united states, who has a higher standard of conduct, required of him -- then does come as far as i'm concerned, someone on the campaign trail. as vice president of the united states, to go round and vowing that kind of nonsense, it todd akin is to retire from the field of the kinetic, and whether the vice president not be called upon to resign to those who say they are offended? >> to try to compare what these people said -- it is not about comparison. they both said very stupid

things. a lot of people were hurt by it. lou: you are saying that you make that comparison? [talking over each other] >> it doesn't matter. >> we are in the 20th century. lou: we are at an impasse of reason. let's turn to paul ryan. watching new imaging in the romney campaign. we are seeing a different kind of person than we thought in the first boxful. within the margin of there -- error, he has a lead over his president and vice president. what you make of it? [talking over each other] >> there is a new energy. >> a new energy. >> they are addressing real issues and the economy and medicare -- [talking over each other] >> the gloves are off. now, you will get someone who is

in many ways a representative of tea party ideology to common and for them in some way. if but in many ways, it will energize them. they made a bold move. >> mitt romney seems very excited about his toys. just from a psychological perspective, you can tell that mitt romney is a really good father because the dynamic is very similar between the fathers dynamic. lou: a good, positive dynamic. not between biden and obama. >> i don't get that same feeling. [talking over each other] >> the little other is saying to the big brother, what the heck did you just say. lou: we know what you all think. if i may say, you to add to the number before the election day. >> homeland security goes after its own agents for enforcing immigration laws are. >> we have so many people telling us so many different things within our own office, regarding what we can and cannot

do that we do not know what to do and our managers don't know what to do either. >> president obama's new open borders immigration regulations borders immigration regulations target its own agents, notve la. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. have given way to sleeping.

where sleepless nights yield to restful sleep. and lunesta can help you get there, like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. abnormal behaviors may include aggressiveness, agitation, hallucinations or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions, such as tongue or throat swelling, occur rarely and may be fatal. side effects may include unpleasant taste, headache, dizziness and morning drowsiness. ask your doctor if lunesta is right for you. then find out how to get lunesta for as low as $15 at lunesta.com. there's a land of restful sleep. we can help you go there on the wings of lunesta.

lou: a new report on the president's executive orders concerning deportation. some bad news for te miln war have given up altogether.her. the policy institute reveals nearly 1.8 million illegal immigrants are eligible for .he work permit to thehe president decided to offer. more than twice of any

estimates projected. it was revealed 350,000 high-school dropouts will be included as long as they say we unrolled and high-school.th just aser long as they say that. traffic violations from the illegal immigrant was ordered released by the supervisors, the agent has retained counsel. the man who broke the story, todd starnes, fox news radio, author of the book that is an exposé on president obama's war on traditional american values. it is great to have you. >> thank you he won this is a remarkable story in this day and age. a nice agent up against the wall. he is an i.c.e. agent.

he is up ordered not to enforce the law. >> and is outrageous and i suspect we will hear more stories like this. the i.c.e. agents that are talking to me say that morale is in the toilet. they say that the obama administration is keeping them from enforcing the law in this incident that occurred in delaware is a classic example. they are going after a target of primary illegal immigrants, when they pull over this carpet that car. that is when they found this other illegal immigrant. who not only has 10 previous violations come he didn't even have a driver's license. so they arrested the guy, brought him to the branch office in philadelphia, and that is one the agents superiors officers said you have to release this guy and let him go. lou: why do they have to release them? >> according to the new immigration policy goes into effect next week, this individual was not a primary target. here is what is interesting. the individual, 35 years old and have multiple misdemeanor

charges. according to information the obama administration made public, anyone over the age of 30 would not be allowed to get this deferment, this deferred action, and also individuals who have multiple misdemeanors. what the obama administration is telling us and what is happening behind the scenes is not adding up. lou: you are reporting further according to the document, that aliens who have convicted felons navy granted deferred action as well. that means, not reported. aliens use fraudulent or in social security numbers. >> that is right. lou: why? >> the issue that lawmakers are beginning to address, and i talked to senator jeff sessions who is serious. he said that the obama administration, just a few moments ago, the obama administration is going to lead

to a capitulation of lawlessness in the country. i called the police chief in newark delaware. and i said what would happen if an american citizen had been pulled over in those same circumstances. he said they would be going to jail. so i think the obvious thing here is that if you get pulled over, the first words out of your mouth better be when they stop you, very good. lou: the idea that there is no response of the republican party, the no reaction from the citizens. where is the tea party? this is all happening in the president seems to have found the perfect time and tone to rule over america. >> people are occupied with other things. in my hands as the document. this is the implementation procedure. we are the only folks that have

a copy of it. this is what senator sessions is very concerned about. because ultimately it in the day, he is afraid of this document right here will give safe harbor to criminal illegal aliens in this country. a very scary situ e-mails show e white house as pivotal. what will the "a team" say? >> energy policy and electoral reform. obama ran on hope and change. what new ideas for a second what new ideas for a second term?

you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you,

around the country, around the corner. us bank.

man: constant tingling in my toes. woman: i had double vision. woman: they said, "you have multiple sclerosis." man: i kind of had to get a grasp on reality. man: i had to adapt and change very rapidly. woman: i had to learn how to drive with my hands -- yeah, that was interesting. man: a symptom may cause you not to be able to do that anymore, and at one point, i was able to do any of those. man: since i've been cycling, it's definitely helped my walking. woman: it's a fantastic opportunity to be working together with a common goal

of curing ms, and sharing is the key. lou: it our next guests says the president executive order altering deportations is the sign of things to come. joining me now they're inclined -- karen klein, author of fool me twice talking about the obama's plants over the next two years. congratulations. he has become so fond to exercise these decrees with such regularity. your thoughts? >> it is amazing what he got

away with his first term showing what he may do with his second. by the very progressive groups including the progressive s it includes another executive order that millions of illegals that are not documented. lou: especially if not citizens. assuming and doing so without response outcry is substantial stuff.

>> it could change the very nature and that is what progressives understand. aside from document teeing illegals who are creating a new population that means any alien that support independent family is it would be illegal to deploy the legal. also with the legal immigrants and register them to vote to. lou: that is fascinating. that basically we will not recognize this country? >> massive more

centralization. but then economic fairness. fair share. fair shot. but 2008 he said transform, transforming fundamental transformation. nobody asked him what that meant to. including paycheck fairness the federal government determines the appropriate salary. lou: implying you feel we have been fooled once with your title fool me twice but impossible the obama

administration has such brilliant people the republicans and senate and congress they are being outwitted every turn? >> this is a progressive machine perfecting his policies for decades. ever before he was on the scene. they even talk about bringing back the administration of fdr. almost the beginning of the previous century. lou: will this vehicle crossed the line? >> right now most americans don't understand his second term plans.

if they have more specifics he is waiting for the flexibility he promised the russian president. lou: the book is a full be twice. i'm so glad you called. thank you. we're not in london, are we? no. why? apparently my debit card is. what? i know.

don't worry, we have cancelled your old card. great. thank you. in addition to us monitoring your accounts for unusual activity, you could also set up free account alerts. okay. [ female announcer ] at wells fargo we're working around the clock to help protect your money and financial information. here's your temporary card. welcome back. how was london? [ female announcer ] wells fargo. together we'll go far. one is for a clean,er ] wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now.

>> your comments.