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tv   Lou Dobbs Tonight  FOX Business  May 21, 2013 10:00pm-11:01pm EDT

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have a great night. we will see you tomorrow. ♪ lou: od evening, everybody. i'm lou dobbs. breaking news. local, fire officials say the search for survivors in the oklahoma city suburb of moore i completed a day after massive tornado devastat the community of 66,000 ople. the 2--mile wide tornado killed at least 24 people, nine children as well. those deaths far fewer tn initially ported last night. authorities in the midst of e rescue efforts and all of the cousion double counttd fatalities endangered. as of now every damaged home we are told has been searched at
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least on. emergency crews say they ultimately want to conduct as many as three seahes of each location. rescuers have pulled more than 100 surrs from the rubble of the homes but nodditional survivors or bodies have bee found since late last night. more than 200 injured are being treated at area hospitals. earlier today thenational weather service upgraded thaa tornadfromn ef for ten and e f5, the most powerful category of tornadoith winds topping 200 miles-per-hour. the state insurance commissione said that da -- damage is likely to exceed that caused by the 2011 toado in joplin, missouri would cost 3 billion i damage. the federal emergency managemen cy says it has more than ather 11 and and a half million is all it -- dollars in this disaster relief fun. parts of texas, arkansas,
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louisiana, and oklahoma are under tornado watchesand warnin at this hour. with the latest developments in the stories of survival we get to fox news correspondent and ore, okla. for our report. >> oh, my go. >> this is not good. please keep these people say. >> the powerful twister that ripped throu moore, okla. packed with about 200 miles-per-hour. >> ias praying to god so many timeand i was like, and not @%y to seize immal. i don't want to die today. >> on the ground for 40 minutes. at times2 miles wide destroying almost everything attached. >> it los like a war zone. it just looked like bombs had been ignited everywhere. there is a car.
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everytng is gone. just in a matter of 30 nutes your life is tornpside-down. >> more than 2hours after this monster hit, it is still an @%ti search and resc operation. >> a good family friend and -retty much my aunt lived over there. dated nazi anything. registrar to make sure there'll ka. >> are heartbreaking scene of the sign that -- site of plaza towers. >> verery hard. they stole some stuff. those who have not been able to find loved ones. >> it is likely this is what saved so many lives, an underground tornado bunker that so many people have because of the threat of severe weather. you can see, it is a little space for people to put their suppes, weather radio, and it
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closes in the pentium goes in there to keep it secure so tt you n see what remains of the home for this storm seltzer. >> stairs go down int it, and it is is concrete, underground storm shelter. everything in it, water, flhlights, fans. >> backed outere live in moore, oklahoma tonig, late breaking word, bit of a silver lining. we talked about the elementary scho in the report. the chief of police in this community has now said they are most confide that there are no other bodie in the elementary school rubble. initial pos that some 24 students, perhaps, were trapped in therand, perhaps, died. that number remains as seven now . we do not expected to rise. its cef of police saying that was misformation that was pu out in the midst of all the chaos.
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it. lou: ande look at the devastationthat you have been reporting on. it would be easy to believe tha many have lost their lives think, that is t the case. thank you so much. reporting from moore, oklahoma. if you want to help call 1-800- red-cross or text 90999 to make $18 donation to the american red cross disaster relief fund. turning now to washington. the credibility crisis that now involves this white house as secretary jay carney dropped bombshell today in his daily briefing, revising, once again, the white house narrative abou the irs scandal, a change in th
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count of who knew what and whe. revisits, conjure visions seeminy outright misrepresentations ve become part ofa daily routine r this administration's pnt man wi the press. today admitting misrepresenting the involvement of the white house from the treasury department and the inspector general's release of the irs rert. admittinthat the white house to energize with the treasury department on how to tell the public for abo the targeting of tea party and conservative groups just before the release ofhe i damning report. >> treasury here at the white house. >> i think that has been reported with the deputy chief of staff. >> wt did he doin your estimation? >> again, thisis part of trying to find out when and under what circumsnces this paration would be released and made public.
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again, we did not know until th actual -- lou: now claiminggthat while these discussions took place, ultimately t decision to plant the question for the head of th neral organization division of the heiress and the woman who reveal the scandalous activity came from outside the white house. you will rember he also claimed eone point that no one but the presidential counci know abouthese -- inspector general's report following so many members of th obama admistration, secretary jack flew today claimed not to know anything about any discussions with people under his command about planting that question. meanwhile, he could be th key to unlocking who was irresponsible for giving the order to target tea party and conservative groups. he is expected to testify in front of a house oversight committee tomorrow, but the
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stonewall continues. congressional sources have confird tough fo news that a large turnout intends tinvoke the fifth amendment d refusedd to answer t questions of the committee. that president and pss secretary the acting an former commissioners of the irs had to admit that they knew about the abuses todaa while they testified before the senate finance committee, but they say that they were shocked and did not know who told accountable i the organizaonhat they manad. fox news chief congressional correspondent ke emanu-el s the report. >> the first senate hearing looking into the targeting of conservative groups featur former ircommissier and that the outgoing acting commissioner . briefed on may 3rd 2012 on the
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extra scrutiny. that hit a nerve. >> wide and you tell us? >> i did not like. >> you what? >> i did not like a lesser. >> you knew what was goi on. >> early on the chairman made clear that he wanted answers. >> targeting groups based upon their political views is the only inappropriate, it is intolerable. weeed to understand how, why this occurred. the to note who wasnvolvedd and he was possible. >> asked about targeting in a hearing on march 2012. >> absolutely no targeting. this is the back-and-forth -- back-and-for that happens. >> when asked about it today he said back then he only had a partial set of cts. later texas republicans sought and apologyyfor his constituents . >> i vermuch regrethat
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happen, watch. >> i don't think that qualifies as an apology. qualifies as expression of regret. >> earlier there was an apology thou notan admission of guilt . >>s acting commissioner. the mistakes th we may in the poor service is provided. the affected organizatns of the amican public deserves better. >> the irs oversight of tax exempt organizations reveals ey anted questions less than two weeks ago. >> we start this tory. the report wasomin we knew that. >> treasury secretary jack lew was asked about the plan in question. >> i was not asked abo this. some staff level contact with french treasury anhe irs but -- >> i was not aware of this audi til i met wh the inspector
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geral's. >> scheduled to testify before the house oversight committee tomorrow but her attorney says he will invoke the victim and the right. a cmittee spokesman says she is still under subpoena to show up lou: thank you very much. fox news chief congressional correspondent. also on capitol hill, apple ceo tim cook today testifying for the first time ever, and in doing ss he deniedllegations that his company avoided paying taxes on billions of dollars on income. a senate report claims that the tech giant used tax loopholes and subsidiaries in ireland to dodge taxes on $44 million of offshore and come. senator rand paul today came said apple's defense >> if you wanto chase them out , bring in here and vilify them. that is exactly the wrong thg to do. we should be giving the men aboard today, conongratulate thm on being a great american company and hiring people and not vilify involving the law.
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lo apple has eated 600,000 bs, paying $6 billion in federataxes last year. the effort on the part of the t led committee to go after apple has a lot of people wondering what in the world they're thinking about business that is going to be pretty clear. u.s. officials have identified ve men that they now say could be behind the terrorist attack. the officials say they have enough evince to justify taking by force a suspected terrist but the associated press is reporting there is upper to try them in a civilian court,s the obama administrationld prefer. so the men remained large. two leading senators working on the legislation chuck schumer
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and rin hatch earlier reached a to-senator compromi on extending h1 thehigh-tech visa. under this 2-setor deal highly skilled workers would rise from 605,000 to 110,000, just about doubling the possibility of further increase depending on unemployment levels. the senator also says he will g out. the meares it expected to pass when the committee tas up the final legislation likely late tonight. moving higher again today, and another record-setting performance. watreet legend michael hoand on the bernanke rally. searching still for answersn the deadly september 11th terrorist attack in benghazi. congressman to and jordan is next. he wants a select committee to get to the trees. ♪ ♪
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the nasdaq up six points, and is getting its highest close since october of 2000. volume on e big board picking up tohree nap million shares. a victory today for jamie dimon after sheholders overwhelmingly votedgainst the
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proposal to strip him of dual roles of chairman and ceo. in the commodity rket, gold it own to just lor than $1,470 per ounce. crude oil drpi to $96 per barrel. in the bond market the yield on the tenure of falling to just under 2% to moving a basis poin are so. our next guests started hearing complatsbout conservative groups who claimed they were being targeted by the irs back in february of 2012 and fees demanded answers frothe irs percents he may not be getting in tomorrow from the top irs employee who is iolved in it the treatments ofhe conservative groups. the official debt reviewed the nonprofit group's plans to invoke the fifth amendment that the houseoversight committee tomorrow.
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joiningus, a member ofhe oversight as a government refor commitas well as a member of the judiciary committee. it's havyou with us. >> good to be with you. lou: are you surprised that he has decided to take the that th memory? >> we don't know that she wl do that. we hope she' a public service, in the middle of this scandal. we hope this she is wng to come there and like a publi sernt an individual who works for the american taxyer will come and answer the qutions, we will see tomorrow what ppens. lou: still under subpoen. all of that discussion that we ave heard in the media, well, from senators and congrsman, people seem to be as sure as to whether or not anyone would go to jail in the scandal. apparently somebody thinks that they could go to jail because she is taking the fifth amendment. isn't that th logical
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conclusion? >> well, again, we will see at happens. when you're taing about meone taki the fifth amendment, his stories changes every single day, look at jay carney, but schedule to be in front of the committee. i hope she is there and awwrs questions fr all members and i hopee get to the truth. lou: it looks like it is going to be difficult. acng coissioner who is leaving now. what arrogance as he held his ad down. d would not respond and then say i did not lie and then the senator appropriately pointing out that he did live bymission . never seen sucharrogance by bureaucrats. >> remember the fact pattern here. the inspector general audit sai th in june 2011 the identifier words were changed the laws of the whole formula for how they taeted an selected groups was changed.
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nobody knew anything about it after that follow weapons as last week. he testified he did not know about this until last week. so it's just is not passed common sense, the fundamental. the idea is the veryagency charged with enforcing obamacar was system and of t targeting conservative groups that came into existence because they oppose the obamacare in your dog it for a two year timeframe d started the very month, march 2010, th obamacare beca law in new about it and it was just the work of a couple of agents? that makes absolutely no sense, and th american people understand it makes noense in this why they are appropriately arraised. lou: appropately ourates, common sense, the latest fox news poll shows more than 60 percent of the americs surveyed believe this is a cover-up and that the president the white house was involved in this deal.
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so the erica people are hard to galvanize to actio, and congress has already found the attorn-general guilty of contempt of congress. what can you on the house oversight committee here to right the wng? >> pursue the truth. i have a colleague say there is a statue letations of the truth. pursue the truth. to pursue the truth in the whol situation, and uncovered what appears to be this environment of intimidation that exists in this administration. remember, they retaliated against eg hicks when he came forward d told what he went through that night in benghazi ey retaliated agast conservative groups who have te aucity is an up and say obacarshould not be the exptise of th law of the land . they're retaliating. think aboutjames rose and at fox and what he is going through
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, so this environment of intidation is a prlem and it is not about politics. it is about pursuing the truth. lou: it, as your survey suggesting, if this were one scandal, if it were to scandals if it were three a's relief for and potentially, potentially fa more. this is each of these is a -- part of a piece, and where it leads, hopefully tomorrow we will start to learn even more. the oversight,again, the people's business. congressman, good to have yo with this. >>ood to be with you. lou: congresan jim jordan. great oths joining us. presidential historian joining me tomorrow to talk about the impact that jn quincy adams and s wife on the formationof the country. the book is american phoenix. discussing her new bookabout how supply and demand can be.
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that is thursday. and leading military historian, five generals to transform its defeat into victor the book is appropriately entied, the vior generals. next, federal prosecutors deciding a mother not to treat sac catal partners like a mafia street gang. and underanother record-breaking day and the market, wall street legend join us here next. stay with us. ♪ lec, for this mission i upgraded your smart phone. ♪ right. but the most important feature of all is... the capital e rchase eser. i can redeem the double miles i earned with my venture card to erase recent travepurchases. d with a few clicks, this mission never happed. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in your wallet?
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♪ lou: the "wall street journal" reporting that federal prosecutors are weighing whethe or not to go after the hedge fund of capital advisers unde our rico statute that is a law made to bust organized crime d drugcartels and no hedge fund has ever been charged under the rico act. some people ma be surprised by that ft, but prosecutors and
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e fbi reportedly facing a 5- year legal deadline july the big securities fraud charges against billionaire stephen cohen. has not been accused of wrongdoing. sac's said that they are acting perfectly throughout. no cooperating witth federal government which has been somewhat intrusive thoughts. stocks with another record-setng day. fed cirman ben bernanks testimony. joining me n withis outlook, his perspective, his savvy, if you will, michl holland, president of the holland balanced fund. excuse me. i choked up. good to have you with us. >> billion but tight. lou: that lets us down in. >> thank you.3 lou: the idea that this market is just continuing toset record. i mean, 22 records of the dow,
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17 records on ths&p. everyoneays it cannot happen in every week does. what is a deal? >> listening to claims for four years now. we kind of grudgingly go with all of the problems. there is one problem with a negative view that ntinues to be if the reserve, bernanke. he said fr years ago ttat no one else in whington isoing anything to help the economy. his job is to fold. the economy to get jobs.. at he said is, i will do with icahn. whatever it takes and he is contuing to dot. lou: washington's anti, the decratic party is entire business. insider-trading investigation. they're going after apple, the taxes that they have not pai.
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you know. it is just one thingafter another. they couldnot be more anti business gay's seems, if they ied. >> the actions speak. they can say whatever they want in speeches philip to listen to the head of apple today give e testimony me a was wonderful. every single dollar that the company ownss 6 billion in, the in fact, they don't even stop the insane we will pay. it will go with the spirit, and the people who actually broke the laws are the ones. lou: i love what rand paul said wantomebody on the stand. put up e mirror and talked yourlves. they created a monster. stock ownership, the lowest since 1998. at the retail market, is it eve coming back? basedpon this, do we need every tell market?
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>> not to give stocks higher. unfortunately with this has shown us is people was that the wrong time. people who are smart enough to watch your show should know because of the fact that there not under by most people. theris, in fact, the endowments, universities to use to be 50%, stocks. it is now 30%. our ship is down. you have a situation. people is still buying them. lou: were other reason why love it. not eirely predictable, expt for the stock market. what do we have ahead of us thi year? >> it is not er because of bernanke. anduntil he says we are creating enough jobs, and we ar
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not even close, we're fan the flames. lou: as always, good to have you . part of ignoring all the controversy, the scandals in washington, a lot more on the scandals here next. the obama irs admits wrongdoing but won't say who is irresponsible for targeting conservative groups. the"a-team" on the obama credibility crisis. suspects identified the fbi knows to carry out the benghazi tax but cannot or will not spring and to justice. spring and to justice. the ocean gets wararmer.. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment.
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♪ lou: my next guest says from th beginning of the benghazi's scandal there has been a concerted effort by the obama administration to conceal the nature of the attack andthe
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administration's response. joining is his congressman ron the sentence, a member of the judiciary committee on oversigh and government reform. congressman, good of you to be here. onto start with what is the fl appears and a death -- 8 nth still more by this administration on the backs and benghazi. broadening scandal in the internal revenue service, the justice departnt. the overreaches in the cases of the associated press, fox news, other journasts, stepping forward now. fast and furious. my god what is going on? >> wl, i think we really just suffer from a complete lack of accountability in this town it is amazing. you had previous guests on talking about politicians will hold people in privat industry toxacting andards become an ceos are just presumed to notic ilion, yet will lead tucker of the city branch nobody sees ything, nobody knows anything.
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mistakes were made. there were systemifailures, and these are the excuses that typically gets bandied about in this town, and that is somethin that isusceptible to the american people. i am a former navy guy. navy commanders to money and their ships they're responsible for what hapns, even if it is a low-level seller makes a mistake. stanrds of the people in civilian government. lou: it is pretty clear that th of killing acting commissioner of the irs did not serve in the navy. it is pretty clear tt shell landed not either. they avoided responsibility as if it were the plate, and indee it may be for this administration. to marlon, our reports as we a shared with the audience tonight , you'll take the fifth amendment. the believe this she kemp persuadeto be forthcoming? are such stocks underway tight ? >> i am not sure. i am notptimistic as she can
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be persuaded judng by air is free of making statements to congress, and then she was involved when they actually announce its drive to get aad of the ig and do it by plting a question in the audience to make it look like its a spontaneous response. th is just not e type of conduct that i thin people expect of folks, especially folks who are not elected by anybody but yet, as we have see him through significant power yielding to target americans based upon political beliefs. lou: one of the most breathtaking bomhells from this administration was the day and jay carney said that only the president's council had bee aware new of the ig report toda ly and had to submit that the chief of staff, other senior presidtial advisers some n about the report in april and actually were talking with the treasury department about how t deal with that question th was
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ultimately planted. yo reaction? well, again, an a private setting, let's say, a general counsel for business would immediately go to the ceo because ultitely that individual is responsible. we are being led to believe tha some of these individuals in th white house knew about this and somehow just did nothing to tel the president that his irs had been used as a political weapon against his opponent. that is hard to believe. if that is about true, then those people are guilty of serious malpractice and for not keeping the head of state informed on the workgs of this government. lou: it is stunning to even consider the possibility that anyone would consider it wise o responsible him to not inform the presidenof the united states some about what is viously lwoff and ethical, most likely a leg contract on
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the part of an agency over whic he has the suppose it responsibility. i keep hearing al these people talk about it as an independent agency. reports of the treasury department and the chart that president of the united states if. >> and the president of the united states can remove the head of the errors that will they are not indepdent of the execive branch. there are accountable to the executive branch. melson ln an but so if he is just wanting to be blsfully ignorant, and he is w filli the duties that he is charged with. lou: you just destroyed one f the democratic talking points at ty have been battling for several days now, that is that the president could not fire th head of the heiress. milwaukee's -- irs. the truth is a liberating thing. we thank you for bringing it with you. >> thanks you.
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lou: coming up tomorrow, a hous oversight committee member join us. up next, some of the president' biggest susupporters decide tha obamacare just is not rth the trouble. trouble is. we will name nam with the "a-team" one. stay with us. announcer: where can an investor be a nscottrade.t a number? ron: i'm never alone with scottrade. can always call or stoby my local office. they're nearby and ready to help. so when i have questions, i can lk to someone who knows actly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be rand "best overall client experience." just wanted to check and make sure tt we were on schedule.
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♪ lou: a growing number of labor obamacare, and among them the united food and workers international. the group at twice endorsed the president is now a little worried about the impact ofhat obamacare thing. also, the unitedunion ofallied workers got 20,000 members. e comple repealof obamacare . the teamsterunion. over 1 million members calling for changes, changes in obamacare. joining us now, the "a-team".
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let me start with you. the fifth amendment. does that mean that she thinks, for a starter, the house oversight committee thinks that someone could go to jail? >> absolutely. you do not take the fifth amendment unless you think you have done something wrong. lawyers will not advise you tak the best which is saying, i'm not trying to say anything ther will incriminate myself, other than my name, rank and serial number because anything else that would come out of my mouth might incrinate me criminally. >> you'll want to take the rest. it is a different issue. lou: this house the same. >> we haveeen upo 500 organizations say that their plans were thwarted, delayed, they sca of the donors. lou: but here's at it meant for th election. a lot of ridiculous charges of voter suppression in the last election even the black turnout was higher than might turn out.
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the real voter suppression is the irs and he kws who else. they suppress the vote, e tea party, get-out-the-vote efforts all kinds of groups that would have been involved, and that ma have played a le in the outcome of that very close election. lou: can we also attach to that the fact that this story did no come out, and it is clear that the inspector general's report was slow-wah,nd can be very general aut it. slow walks so that it d not come out before that election. thatould have been in incendry in that campaign. >> a game changer, exactly. i completely agree with you. we had no now, you know, if we knew now what happens then things get have been prevented. >> where she worked well for th address, she was the head of enforcemenat the federa election commission. i taed to someone athe
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christian coalitio who said, she put us througho many hoops for seven years. i mean, cstantly forcing us t spend hundreds of thousands of dollars. this is interference in america polics by someone who went to the sec to the address. >> that is all well and good. that is not someone i would nee as a verify air. you're stretching it a littll bit. the fact is, the irs has a reasonable respoose ability to go wind and the inshore that those groups plan and that potential. after seven years the christian coalition ssed all of the tests. >> here also not talkknabout boys dozen across doubts year. if this went on for the long an shame on them because they should have invested somebody's nose on a. th of speaking taphorically. this is just ridiculous.
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treen is way by any federal government. that is right don't quite comprehend, but there's a lot. >> there is enough stuff here without. lo and guarantee a to a commercial break and wait for the answer. you swear ov everything. we're also goingo find out what is going onin bengzi and why. we know have testiny from two defensive department officials before the armed services committee in the house. if true is i. we will be back with the "a-team" and just moments. stay where thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. you're history. instead of looking behind... delta is looking beyond.
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♪ lou: we will turn seven gauzy and most americans surveyed in most recent talks poll says benghazi is a cover-up by this administration. 60 percent say that it is a cover-up. and i want to turn now to up in gauzy. in fact, today, theead of the house med services commite, two people from defense testifying before him saying that ambassador stevens incredibly with a force o 20 u.s. military from benghazi one month before the attack, square that up with the fact that on the 18th august 3 weeks before the attack he had been requesting security. anybody have an answer? >> nnt other than incompetence.
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>> sorry learn something that week. lou: they attack. they had run the international red cross out of town. they had at least ten elements of terrorist related and like groups and there. >> the reality that clouds the foreign-policy, coloring everyo's opinion. lou: why was seat there? >> well, the whistle-blowers will come foard over the next few days and weeks wi say that there was an attempt to try to get back surface-to-air missile and other weapons that the lib ruffles -- rebels had used. lou: and the ambassador was there to execute that transaction? >> does is sit there were a lot of agency persl. it was not a diplomatic mission. it was a national security tpos talk about the and next.
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and the sad part here is, i think a lot of this was conducced outside of thepurview of the state dartment and the defense department. it was that centered at the national security council insid the white house. lou: you're saying john brennan? >> i am saying there's one question need to ask. the presidential securit directive 46 the says as soon a american personnel are threaten you convene all the officials. i was not done. and the white house on sunday said it is irrelevant whether president was and what he was doing in market your timeline, %-national security directive w nored. who decided to ignore it or ordered nottto be followed. lou: dan pfeiffer would say tha is not relevant. >> si doesn't know anything. he doesn't. the porsche mark i can't lie because i don't kno anything. lou: we don't know th he is poor. [laughter]
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>> let's wait quarterbacks, folks. lou: why don't you go to the white house and tell them. i've tried for eight months, a that is -- that isot you customary standard because you know very welllthat it is that the prerative of this president's mother not truth is revealed. he has chosenquite clearly on a host of issues and scandals to deny truth to the american people. >> service on top of ap, the ir scandal overall. the number of others. aerious, serious problem. lou: w many othe jonalists said the same trtment as james rosen, their personal e-mails were searched because they were accuseof a crime by the white house. we know of one. >> a couple of things. they looked at mail from four months back to 2009 and covered it up and sealed it and we're
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only findi that about it now. incredible. lou: d you were leading to the fact that the pattern in each one of these scandals, these offenses against truth and against this form of government is exactly the same in instance after instance after instance. >> it is e banning pattern that talks about lk of respect for basic institutions quite frankly. lou: very quickly and we have very little time. we just received word bestiary committee has passed the gang of eight integration plan which will wind about 13 to five. is this going to move toward? is this a breakthrough? >> much more slowly. >> but it will go forward. lou: that seems to be the vie that thee obama agenda is dead and sell this mess is cleaned up
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. it is is a mess and his to clea up. thank you all for being here. appreciated so much. we thank you for being with us. vo: traveling you definitely end meeting a lot more people but a friend under water issom. i met a turtle friend today so, you don't get that very often. it seemed like it wamore than happy to have us in his home.
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