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tv   Lou Dobbs Tonight  FOX Business  October 22, 2012 7:00pm-8:00pm EDT

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thank you so much. have a great night we will see you tomorrow. >> good evening. take a look at this stage of the presidential debate from both the raton florida just about two hours from now they will be debating foreign policy was some 500 members and the viewership approaching 50 million people. the president is expected to be questioned about the terrorist attacks in benghazi on september 11 and his administration's response. his administration has given
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more information of how the administration collects and assesses intelligence than about what actually happened there and how events unfolded in benghazi the day our ambassador and three other americans were killed. today by pure coincidence or perhaps just in time to provide political cover for the president in tonight's debate, the white house has sent forth senior officials to blame the central intelligence agency for the administration's contradiction of construction and accounts of what happened in benghazi and its aftermath. the "wall streee journal" reported senior administration officials claim the agency did not alter its assessment of what initially triggered the attacks until 10 days after they occurred. that is the white house is asking that the american people believe the cia ignored real-time video and real-time audio of the attack on septemb
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september 11 and statements of the libyan government would have had to believe were untrue, the reports of their own agents including their station chief and people on the ground in benghazi. instead chose to press a fiction of an internet video and demonstrations on the president of the united states for at least a week and a half in so doing. the unnamed official telling the "wall street journal" the cia assessment claimed from september 13 until september 21 that the attack evolved from a protest. administration and campaign have put the blame against an anti-muslim video protest squarely on the intelligence community. cia director has not been all that time issue single public word on benghazi to accept responsibility or defend his agency.
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the white house making these claims it after fox news and cbs reported the administration was aware they were looking at a preplanned and well coordinated terrorist attack as early as september 12. the white house asserts these claims even though they contradict the president's claim that he said benghazi was an act of terror the day after it happened. unnamed officials and ambassador susan rice blaming the intelligence community about public response from intelligence officials even though the state department has testified before congress they were watching the benghazi events unfold in "real-time." and david axelrod still went on national television yesterday telllng the american people this. >> investigation ongoing with the intelligence community, the fbi on the ground, and we have reported the administration has
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reported everything that we have been told, and we shared it in real-time. there has been no inconsistency, only reports on the data and the intelligence we have been given. lou: that is what david axelrod said after weeks of claiming they can't answer questions because of the fbi investigation. the president's top campaign advisor calls on national television thursda as they repod everything they've been told. statements like that aren't likely to slow governor romney's momentum. national polls show him searching. we take all of that up here tonight and what we can expect in the final presidential debate talking with our distinguished guest tonight, former new hampshire governor and romney advisor, editor-in-chief of gallup polling, three of the leading strategists and smart campaigners ed rollins among our guest. her first guest says the obama administration former policy in
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shambles after the debate says the president needs to defend himself on the lies he has told concerning benghazi. joining us in boca raton, florida, former new hampshire governor and white house chief of staff for president george h. abbey of bush. good to see you. happy monday. this is a nightly cover has to be doing very well indeed. how do you think he is doing tonight? >> the president obviously is the favorite, he is the president, he gets all the briefings. he doesn't take all o these briefings, but he gets all of his briefings. governor romney is going to do a good job demonstrating he understands these complicated issues and more importantly he has the courage to make the decision and be responsible for this decision.
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this foreign policy assault on benghazi is shifting from a foreign-policy issue to an issue of character. it is pretty clear it is assembling, throwing cia under the bus, suggesting reports in my opinion just don't make sense. lou: let's examine that, john. we have pointed out the presidents and senior officials were obviously driving this story today as reported by the "wall street journal" saying they were only reporting what the cia told them, it was a demonstration and they didn't know it was a terrorist attack, yet that is directly contradictory to what the president insisted for a number of days he said was a terrorist attack on that afternoon the day after in the rose garden.
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what i'm asking you is that kind of contradiction, what will the governor do with it tonight? >> we will have to see what comes up, we will watch tonight and see what he does. let's go to the substance here. the president got caught lying and playing the game with candy crowley. you've got the station chief making his report, the cia doesn't generally contradict its own station chief under conditions like that, so this stuff coming out of the white house to use a word from joe biden is pure malarkey. lou: that is a long irish word or what is usually summed up in somewhat shorter expressions. but these contradictions have been forthcoming. the cia has been at least some of the members have been the
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source certainly, not sure how much or when, but some of the information that has moved to the national media. at what point does david petraeus have to stand up politically and say this is wrong, defend his agency and at what point does governor romney tonight perhaps address that very issue and some point champion the community itself? >> you might see that tonight. david petraeus is between a rock and a hard place. it is difficult for an agency like that to contradict his presidency two weeks before the election. somebody has to figure out the incentive behind incompetence coming out of the white house. it doesn't make logical sense, doesn't make national security sense.
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he doesn't know how to make a decision or how to stand up for the decision and his entire campaign and his entire four years is blamed someone else for everything. now he's blaming the cia. lou: i want to get your reaction, and that of the governor, to national media who has basically adopted, it seems, most of the national liberal media to saying let's wait for the fbi investigation of intelligence of the state department and see what happens but we can't rush to judgment. what is the governor's feeling, what is your feeling? >> that is just the liberal media saying i hope we can carry this president through the election. it is terrible, it is dishonest but that is the way they operate nowadays. i think you will see what the feeling i is today and the deba. i will not try and undercut his
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presentation. he is fit to show america this is the man that can be present and should be president. lou: we thank you very much, good to see you. much more ahead. telling us how the president answers could affect this election. lou: millions out of work, economic growth slowed and the fiscal cliff dead ahead. how much does this election really matter? chief global economist is next. presidential preference, president obama enjoys crowd support from blacks and latinos and women have latino support but does he deserve it? we will see what you say after tonight's "chalk talk." ♪
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lou: a volatile day on wall street. dow jones industrials down 100 points in afternoon trading with a rally in the final minute the dow and s&p strengthened as the 50 day support levels. the s&p up a fraction, the nasdaq up 11. the market uninspired what has been to this point the earnings season at least tepid profits in the s&p, slight comfort and the orderliness in the euro zone. market volume averaged, that is low. the stock i has shown that disappointment. mixed signals reporting a sharp increase in third-quarter profits cut in the outlook the rest of the year disappointing somm folks. caterpillar shares rising 1.5%. a lot of excitement about apple, apple stock up almost 4% ahead of the smaller, fancier ipad. the internet giant reporting quarterly earnings and revenue
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to be targets when companies do that we can restore the giant status. profits down 2.3% compared to a year ago just about what is expected, the latest travel yet before anyone mops their brow in relief. the advance estimate for third-quarter gdp, wall street looking at a possible increase in third-quarter growth may be 1.8% from 1.3%, we will see. modest selling and bonds pushing 1.8 ahead of the two-day meeting with the fed beginning tomorrow. wall street found salvation in the final minute of trading today, a rare if modest win for monday. what is likely to happen entering extraordinary events. european efforts to restore the banking sovereign debt crises. china preparing for change of national leadership and change of direction and prospect of the
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fiscal cliff dead ahead of us. analyze, divine what's going on one of my favorite things in the country. chief executor of deutsche bank, glad to have you here. >> glad to be here. lou: what do you expect, if anything? >> nothing much out of the fed. keep on doing what they have been doing. lou: have we seen any evidence as far as you're concerned, significant evidence, have we seen any evidence of the fed chairman's intent to move the money out of a nasty bond markets equities is working? >> little bit.
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of course it is hard to disentangle how much is because of what the fed has done or other things but there have been some improvement in the market sentiment. some of it is because of what has happened in europe. some has been taken off the table or reduced getting the market rally started and actions may be added onto that a little bit and the data out of the u.s. hardly robust, but a tad better. lou: housing stronger, talking today about the local market, 65% showing weakness and weaker than four years ago as you scratch your head at that sort of thing. >> the market was in disarray. it is a process to stabilize it and may be beginning to improve. i'm not looking for anything like a housing boom or anything like that, but turning what had been a tail wind for the econo economy, excuse me, had went into little bit of a tail wind. lou: there are all sorts of
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headwinds. let's assume we can hold a stable right now. we have a change of leadership coming up in china, there are significant questions of what is happening there. just reported it looks like a strong engine in china. >> that is something the world economy can get used to. transitioning to somewhat of a more modest trend growth. still rapid growth by the advanced countries but not as strong as you think. the demographic is becoming less favorable, the low hanging fruit has been picked so don't think you will get the same kind of movement out of china.
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lou: how concerned are you, your expectations. >> i am expecting the 11th hour a deal will be put together covert the fiscal cliff and create a window into 2013 starting to deal wit do with the longer-term budget problems. lou: and what is the outcome of the election? fastmac we thank you for being here. unless you want to answer that. we will rate determination of events. we appreciate it. deutsche bank chief economist. it's about the box office over the weekend. paranormal activity four brought
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in $32.5 million. last weekend's number two warner bros. argo maintaining second place. lou: up next, what have you done for me lately or ever. why they should be thinking may be more than twice what side they should be on in tonight's "chalk talk" and the start of the third and final debate in florida. live preview from the campaign trail. in just moments. 0t[h7 bob...
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lou: president obama appears to be so desperate for votes that he is pandering to every special interest, every key voting bloc and doing pretty well by so doing. particularly going after women, black and hispanics which you want. as imagined, the newest nbc "wall street journal" poll shows president obama leading romney among african-americans, leading supporting 92%. romney gets 5%, though we didn't even think it was worth writing his name up here. among hispanics, 70% the president obama. 70%. and among women little more
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modest, the president's lead is 52%. and that is pretty impressive. there is just one thing. there are other groups to think about, there are seniors. it is not so obvious when you look at the president's record about why these folks are supporting the president. in fact, and this is something that is sort of curious we don't
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hear a lot about, black unemployment rate is actually higher than when president obama took office. today it is 13.4%. and that is almost double he 7% for unemployed whitee. it is sort of interesting, you would think on one level all the black folks would be voting for romney while the white folks be voting for president obama because they're doing pretty well. if we're going to do it on the basis of race, obama took office 12.7% of blacks were unemployed compared to 7.1% of whites. the employment rate for women has actually gone up. from 7% to 7.5%.
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there are 600,000 more women unemployed now, 600,000. then when the president took office. and the poverty rate over 16% for women. 16.3%, in fact. if you want to talk about a war on women, who is going to wage it? this poverty rate, by the way, this poverty rate is the worst in 17 years, just in case anybody wants to take note. we know what th the president he for illegal immigrants. we know what he has done, but what has he done for hispanic americans?
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2.4 million, 2.4 million. this 9.9% seem high? the unemployment rate for hispanics has been around 10% for the past 45 months. when president obama took office it was 9.7%. so if you want to know what president obama will do for you in the next four years as he talks to each group, i am wondering what people don't look at the facts in the past four years. >> is a big one, president obama and governor romney face-to-face for the last time before america votes. doug schoen, ed rollins, their last-minute counsel.
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in the polls show a tight race going into the final two weeks. the gallup poll shows governor romney with a big lead over the president. is gallup on the mark? gallup editor in chief with the answers. is he something more than a fundraiser, something more than an international businessman? is he truly an agent of influence for the chinese government? on the company phone list that. 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 geba to work. everyday you see all of us serving you, around the country, around the corner. us bank.
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lou: it appears president obama, while his organization may be running short of cash, taking $15 million in loans from bank of america, that money is due eight days after the election, for bank of america doing business with the obama campaign isn't anything new. one of the largest contributors
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on record to the democratic national convention pitching in 12 million toward the event. and last year it was warren buffett who invested $5 billion in bank of america. here to talk about the campaign tonight's debate, joining us now former clinton advisor, former reagan political advisor ed rollins, veteran democratic strategist joe trippi at the debate in boca raton. three amigos all fox news contributors. and valiant souls each. how excited are you tonight, joe, and is this a must win for the president? >> i think either of these candidates come out of the debate with any momentum it will be hard to slow it down. coming out of this debate, both of these candidates badly wants to win and come out with that momentum and currently in the
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last debate the president stopped the momentum from the head or stalled the doubt. romney can get it moving again tonight i just being presidential and not getting to attack oriented. if he can over i reach, that wod be his goal. lou: the benghazi event has been the october maras that is not really an issue. white house correspondent saying the death of four americans paramount to what is going on. the president himself talking about not octomom. >> i think it is central, lou. he's actually a state department, the cia all having been hoisted upon each one of
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those, the president still not having a coherent explanation for what happened, why susan rice said what she did and why the administration didn't respond more quickly is a simple topicentral topic and the movemt for governor romney bears that out. lou: is there any reason he would not sit on the stage and go through every contradiction by this administration and this president for that matter over the course of the last six weeks? >> he has good strategists around him and i think that's what he will do. basically make his case. he has to look presidential, look strong, basically sit in a very calm, cool manner and say mr. president here is what their u.n. ambassador went on five television shows after there was plenty of time to know, here's what she said. that is not misleading the american people, i don't know what is.
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where is the outrage and how do we settle this thing to the american public doesn't have this happen again? >> i think it is a mistake to go in and cover up lies and that sort of thing. i agree with that on sticking with the facts and walking people through exactly what happened and have the president give an explanation. i think that is something they should do. i am not sure voters are there yet. some of these things take a little bit more time di. lou: are there any undecideds left? >> you can push them away if you overreach. the other problem for romney is
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he is the one who cannot make a mistake tonight. saying russia is our biggest enemy, those kind of things he has done, prone to do at times, he can be very good but if he makes a mistake, this is the wrong place. >> the president had a fact checker really wrong when the debate basically said he was talking about this issue and mentioned terrorism went back and checked the record he was talking about, so i they blunder he makes tonight with the commander in chief. he has thrown everybody under the bus except joe biden, who may be the positive thing to do. at the end of the day it is about leadership and he has failed on this administration. >> there's one central question for governor romney. can he appear presidential? may have lost the second debate but as an analyst and a democrat look at those two debates and i say increasingly he is more
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accessible to swing voters, more moderate and appears to be more in touch. he will be in a strong position. lou: whether it is the swing state, romney is tearing it up right now. this man all the democrats i think without exception said he would never be. and the fact is people have bought in, have they not, to the fact this man can be president of the united states. what will it take to carry this man across the finish line? >> to close out the election saying the last four years have been economically and politically unsustainable and to make it clear he has a plan to govern the conclusive moderate and rational, he is well on his way of doing that. >> he did something pretty
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amazing in the first debate, he successfully got equal footing with the president. he became a plausible president of the united states too many voters. something a lot of people didn't think you'd be able to do, but he did. and that is the danger tonight. a foreign policy debate, he can undo a lot of that if he overreaches, goes to some of these extreme questions happening on the benghazi. >> he will not do that. it is a failed leadership and that is the issue. >> all of the momentum, everything is going romney's way. white house thinks romney can win, republicans and voters across the country think romney can win, that is a pretty good place to be.
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>> bottom line look at ohio, to dead even, florida, governor romney is ahead. we have all been there, they will be panic in the white hou white house. >> they will throw everything but the kitchen sink at ohio. lou: thank you very much. president obama is looking to stop the romney surge with a big debate performance tonight, but fox news digital politics editor will be among our guests tomorrow as we assess what happened. up next, what is going to happen. the obama campaign has been openly critical about the methodology used in gallup polling. they are complaining. we'll talk about that with the guy who is in charge over there.
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lou: new polls show a tightening race heading into the final two weeks of this election, but the gallup data tracking poll shows governor romney holding a commanding six-point lead over the president among likely voters in six consecutive days the governor has a six-point advantage. the obama campaign called it an extreme outlier. joining us now is the editor-in-chief of gallup, frank newport. thank you for being with us. are you an outlier? >> that is an interesting question. we spend so much time in all honesty working on our own poll trying to get the message right and do things scientifically, that we really can't spend a lot of time looking at anybody else's polls. notice there was a poll from
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george mason university showing 32% for romney and 45% for barack upobarack obama. at least for now we look at likely voters those we think are most likely to vote romney looks like he has an edge. lou: who wants to put up what is going on. this compares to what you are looking at with the gallup poll, 6% margin. let's go to the gallup usa today, some swing state polls that show you what does reveal. 46% for the president, rasmussen just about 3% or 4% looks to me like those are in agreement. >> the last time we did the
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swing states a week or two ago certainly what it showed there. although it is a fairly slow-moving seven-day average we talked about earlier. lou: you have got in daylight jumped out of you by the pollsters for obama. how do you handle that? at what point do you tell them to review the heck alone. >> it is not new. george gallup used to get swings from both sides, and this is my six election cycle since i have been here. that is kind of par for the course. if you don't like the heat, get out of the kitchen. we have not heard that much from either campaign. they have a lot of business they are attending to on their own. lou: you're telling me you have
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not heard more from the obama campaign this cycle than any other campaign in recent memory? >> i don't know how i would compare it to what we heard from other campaigns previously. lou: if you don't want to answer, that is fine. but the public accounts alone are extraordinary. filing a criminal complaint against the company for some of your contract works with the government while you're doing polling on a presidential campaign, you think that was an accident? >> there are a couple of points, we're in a highly polarized environment now where we certainly had people who had to react extremely quickly on both sides to any news outlet they didn't like. we have hundreds and hundreds of relationships and businesses and government here and around the world, all of them are outstanding and occasionally there are disagreements.
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lou: that isn't what i was asking you. do you think it was an accident but timing of thi that complaint from the justice department? >> i have no idea, that isn't my part of the company. i certainly am not privy to what is going on. i'm glai am glad to say we at gp for the 9.9% of the people we contract with businesswise have a superior relationship i with very good relationship. lou: i can say very simply folks i worked with including you, frank, have been outstanding throughout all these years, so thank you for being here. up next an infomercial executive and chinese government. we are going to tell you, we will be joined by the man who says that the fellow you are watching right now has been influenced by it. a man beholden to the chinese. stay with us.
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joining us next.
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lou: according to my next guest if those with ties to the chinese government is getting influence within the obama white house even attending 201116 or participating in trade discussions. extraordinary article. this man would be an agent nestled in the circle around the president of the united states is outstanding. speaker president campaign will's campaign will raise
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$1 billion in 2008, 2012 online cash and donations. 98% of this is under $250. the vast majority of that under $200. so it is not reported. they found out my stud in a stut is not even owned by the campaign. lou: who owns obama.com? >> it is owned by a guy named robert roach. we deconstructed the apparatus to find obama.com is owned anonymously. we found out it is owned by robert roach. living in shanghai. lou: was ver with very close tie chinese government. >> chairman ceo of a publicly traded company on the new york stock exchange who in the perspective says the key assets, infomercial company but in china companies cannot really underline the big asset.
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saying he can't make any real decisions, can't make cash out of the country, albeit it gives our chinese nationals, all the board of chinese nationals, when intelligence personnel look at this they say these are the light footprint for me don't know what company they are working for, what schools have gone to it is a type of operation infested with chinese company party. lou: and what is the response? to read this article, steve's article on the agent of influence is there. it is important reading. what is the administration's response? >> when "newsweek" magazine, major network hasn't come forward yet researching this it is like robert roach, we'd never heard of you. i have no comment. an investigative article that called the campaign for comment, robert roach, no comment.
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the biggest power table we had was wit when the chinese presidt came to d.c. chairman of coca-cola, chairman of ge, the president of china and robert roach was at the head table. so this guy has tremendous influence inside the white house, in china with joe biden, nobody knows who he is, nobody knows what he really does, and the fact he owns this website to draw traffic to the obama campaign has to be looked at. lou: and start the process. steve, fascinating article, thank you. up next, one viewer wonders whethewhythe liberal media isn't obsessing over the president's lack of support from one very important voting bloc. we will check the inbox next. stay with us. [ male announcer ] you are a business pro.
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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 yourpartner m. to keep those wheels turning. so switch to regions. and let's get going. together. lou: a quick look at your comments, benedict tweeted to say romney closed gap with women, and romney trails more with men, why is the media not obsessed with obama's man problem? good question. >> and i consider that voter suppression, and i do not hear crying from the aclu or the naacp about military voting either. >> sherri mailed us, i listen to

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