think you for joining us. do not forget to dpr the show if you cannot catch us live. have a great night. >>. >> details emerging tonight in the story of the navy yard shooter aaron alexis a disturbing and mentally ill former navy reservist who was being treated by virginia affairs psychologist but those doctors did not completely understand the depth of his oldest and failed to help them. many questions including the motive remained unanswered but obama did not hesitate to turn this tragedy to political purpose and the advantage of gun-control. also tonight the most expensive attempt ever has succeeded in the first page

but unprecedented 19th hour $800 million operation to operate with the concordia cruise liner a success the remarkable project off the coast of tuscany revealing that a significant damage during its 20 months below water allow investigators a chance to restart the search for victims whose bodies have not been recovered. that story with the amazing time lapse video straight ahead. from suspected arson to faulty wiring in the inferno that to go six blocks of the famous pictures seashore boardwalk are blamed on superstorm cd confirming electrical wiring damaged by the salt water surge one year ago is responsible for sparking the blaze that destroyed more than 50 local businesses. downpours and historic

flooding in colorado responsible for the death of a and hundreds missing nearly 2,000 homes destroyed and along the foothills of the rocky mellons now encompassing 17 counties including the biggest urban centers he evacuations continue tonight police officers searching door to door looking for stranded survivors. we begin with the details of the navy yard shooting in the administration's politicalization of another tragedy. aaron alexis began treatment for the unspecified mental health disorder for treatment including paranoia and insomnia and voices in his head'' by the virginia at the beginning of august they told "the washington

post" that they never disclose the police record now the newport rhode island police said they wanted the be of an incident on the gap -- august 7th that he complained of hearing voices and people sending vibrations to his body. today the fbi confirmed he was in possession of a shotgun he bought legally last week while saying there is no evidence he used a semite automatic -- semi-automatic rifle despite other incorrect reports the obama administration seized the moment to restrict the second amendment and here is jay carney in the effort. >> the president believes it has shown we ought to do everything we can to implement common-sense measures to reduce gun violence in america.

he came out with a comprehensive plan to do that that included calls for legislative action in congress as well as numerous executive actions that his administration could take without congress. lou: you notice the press spokesperson made no mention of the mental condition of aaron alexis nor mental health issues that have attended each of the mass shootings over the past several years. the washington navy yard is still the season as a major investigation officials have released the names of the 12 victims from the shooting rampage and we have the report. >> we believe mr. alexis said building 197 with a shotgun. >> the fbi confirms he did not use a ar-15 rifle the

former reservist carried a shotgun purchase today's early and a hand gun and he took from regard that left him dead. >> we believe that this time that the deceased shooter, aaron alexis' acted alone. as such with no other suspects that a large the investigation has moved into evidence recovery and information gathering. >> their response steve is still inside the navy yard photograph began documenting the see that it says alexis guided with a valid id. deployed as a contractor to pass security contracts with the lexus started to shoot within two minutes they were there is within seven minutes inside of more than 30 minutes to finally end the carnage. >> officers heroically went

into a building with casualty's to pursue a ending a jake dead man that was determined to kill as many people as possible. >> scanner traffic reveals the horror. >> we have a male with a shotgun, multiple shots fired in multiple people down. we're on the fourth floor there are several victims down. >> we have an officer down on the third floor. >> including 59 year-old a navy that the veteran in avid pilot in a 53 year-old network security administrator from maryland. 62 year-old from virginia described as the kindest lady in the world. also 73 year-old johnson and 46 rolls, a 61 year-old, a 51 year-old, a 58 year-old,

a 54 year-old, a 52 year-old from an 51 year old a grandfather of nine to install office furniture in a shot in the back while trying to flee. >> he shot my husband. i love my husband. >> federal sources say he bodice saturday ticket to the gun ranges sunday night the night before it inside the navy yard there is a mix of shock and anger that the shooting did happen in a tight-knit community at a place where people felt so secure. lou: for more on the shooting in the issue we're joined tonight by fox news legal analyst we saw real and co-host of juan

williams. good to have you here. the president of the united states turning a political purpose as people die a and are killed at the navy yard. the white house said it is a republican response. i of the independent and i was appalled. >> i am also. we did not even have the identity of those that were dead a and wounded is still going out to make this a political argument or any kind of rhetoric at that point with let's find out what is going on to do whatever we can do. that was not happening. lou: on this media? this was not an honest media that the ar-15 is in the possession that there were

three guns, not to in the possession and very few reporting it was a shot and a handgun and that was bought legally. >> that the american people cannot agree on. outside of this network alone many people sit here with everything reported over the last 48 hours a neighbor so quick to judge why people on the left tweeting it out those that were supporting those that were encouraging the second amendment because they encourage them to do that. lou: this was quite a display. >> the had the wrong name, more than one shooter in the wrong weapons. where i disagree with you and the panel is i thought the president came not to give a speech about economic

policy to express concern and sympathy for people who have lost their life with the entire tragedy but then went on to give a speech about what has happened with budget in five years after the economic collapse and had nothing to do with the navy yard in a way in connected -- connected. >> prepared words on how successful he ended the station have been from 23 in the americans that remained under or unemployed those looking for higher interest rates or savings that are retired in this country no mention ever of the elderly or the retired. but the issue of gun-control is breathtaking rigo this issue will come it is some

point there has to be a politician on the left or the right a moderate that says we talk about mental illness the aurora colorado shooter with midtown kennedy kick goes on and on with reflective instincts to exploit tragedy rather than talk about the cause that is the mental illness. >> we're not treating. that is the point again and again talk about newtown or ft. hood or the massacre we had so many warnings as the government or the state and nothing happens with mental illness we have to address the issue. >> return the president steps up to give his

prepared remarks it reminds me of my sexual child throwing a temper tantrum and that was the best example to point fingers the reason why is because of this person. all we needed someone to take a responsibility with the mental health issue and it was the gun free zone this is a direct connection and is completely linked both the people fled given warnings. lou: you get the last word your thoughts or the implication for the agenda? will they pick up gun-control and how will the democratic party respond to what hast to be a quest for intellectual honesty and straight talk to the american people about the root causes of what we are witnessing and the tragedies ? >> let me say there are so

many lives but i think when people point to mental health is a legitimate issue because so many people are hiding behind the issue instead of talking about the easy access facility have two guns. i don't know if you notice that there are not that many massacres but day in and day out people commit drive-by shootings they hold people up with he and guns or shotguns those people are not crazy they get guns to easily. lou: to miss something with any greater authority or confidence. >> added chicago the president's hometown the rate of murder in that city are appalling and by the way that city has one of the toughest gun laws in the

country. talk about intellectual honesty? >> we know full well the laws passed are utterly ineffective. >> we have tough love in the district of columbia the right across the river they do not. this is where he got his gun in virginia. >> and they are criminally same. they may be insane in our perspective in the system they are saying -- sane. >> evil will commit evil of legislation does is take it out of the legal gun owners defense. that is all it can accomplish. >> it is not possible i will tell you that. >> thank you so much.

up later don't miss our exclusive interview with the heritage foundation president on the importance of cutting deficits and debt and funding obamacare a and he says it will be done. stay with us. a new report shows critical errors and a lapse in the government's investigation into the september 11 attack in libya. for the benghazi whistle-blower will join us to tell us what the id ministration overlooked and why. next. ♪

no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond.

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lou: a reminder that today is constitution day to o hundred 26 years ago 1787 in

the final draft of our constitution signed by the 309 delegates of the constitutional convention in philadelphia house lawmakers will convene an new round of hearings following a report that slams the so-called independent investigation for coming next best represents one of the whistle-blowers and joining us now is the attorney for the former deputy also former chief counsel for the senate intelligence committee. good to have you with us. started with tomorrow getting a sense of the authors do you expect much to compliment that hearing? will there be a resolution that you are most concerned about? >> i hope there is a lot

revealed by has been talking about this for for five months in the mainstream media is reluctant but it is just an insult to any of us of the independent investigation that nobody was under oath no stenographer own the note takers the witness says were never allowed to see if there accurately portrayed nobody was allowed to review the draft report in most of the people have not been allowed to look get the classified report including the people that were dismissed. lou: those are the people the state department pretended to interview the survivors of the tax were not even taken into account

account, correct? >> my husband is a whistle-blower he is in charge of coordinating a military response to the terrorist attack or hostage taking and was kept out of every single meeting and allowed to participate in any decisions and he was not asked. lou: as one of those responsible but of course, secretary of state clinton also not imposed upon in to the idea we looked at the investigation without evidence without validation or the assertion of troops to take a nose for the witnesses this is appalling on every level.

>> let me say one thing about hillary clinton why i think she was not interview. because my clients when he was interviewed, told the board including pickering the reason the ambassador was in them -- was in benghazi said she wanted him to make it a priority to make that a permanent outpost in he had to do before september 30th. its he had to get a report in that is why she had to go there. lou: that arb would ignore the statements and the reason christopher stephens was there? >> i hope pickering asks that question repeatedly because my client told him not only did they not put bad id they also put in a statement in that report that said the ambassador

went there independently that was the word of washington. when my clients said they were coordinating this trip for three weeks since august 22nd when the ambassador return to. here is my concern i talk to a number of journalists of major media would have said stories are spiked because their organizations are fearful of leak investigations from this administration. lou: but much of the national media is complice it to follow this of what they perceive to be its interest. >> but there also fearful of leak investigations they have killed the freedom of the press.

>> not all together we will continue to explore their rights under the first amendment. good to talk with you. up next more than three decades ago by well-known economist made a bet about the future of the planet the author of the new book tells us why that wager is as relevant as it can be to make major politics and of course, the environment itself. next.

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lou: more than 30 years ago a biologist did dichotomous got together to make a bet of the future of the plea of its resources the debate tended by recover resources and overpopulation a celebrity biologist the the major. joining me now is the author of the book called "the bet" about the wager in the current state of environmental policy and politics and paul joins us.

great to have you with us. as you wrote this book on overpopulation there was a sense that it was exactly right the population and the resources would be gobbled up information dwindling tuesday being in the summer. and seidman made one hell of a bat. >> he made the bet it 1980 if prices have been quite high edwin they concluded in 1980 he had prevailed period ehrlich idea about population growth were widely held to especially after the energy crisis there was concern about the scarcity money at of resources teeeight --. lou: no doubt riding a wave of popular acceptance that

oil was running out. and the idea that mankind is limited with the shrieking attitude not aspirational but survival in many cases where are we today? this debate seems to be going on in different ways. >> that is why we tried to go back to the rise of the movement and that backlash to understand the roots of the statement in some of the arguments that took place have led to a polarization how people view carnage such as climate change to recalculate but learning from each other.

lou: do you think they are? we have the epa that has a s.w.a.t. team for crying out loud. when redoing? in so many departments of the federal government putting themselves into our lives we have the free marketeers that say there should be no regulation or taxation but between those two extremes this country works best. >> gumbel sides there is a difficulty coming to the common ground. the challenges how do we learn from environmental science with the understanding of the threat of ozone depletion or the dangers of nuclear fallout so many contributions from science and those like simon

that saw the creativity of the marketplace in ingenuity in innovation. lou: where do we go from here? >> we need to understand how we face real threats but we acknowledge them to overcome them in the future or to overcome successful into the future. lou: the book is "the bet" and we recommended highly. go to the web site for the link to make a transaction. >> most of america hates the obamacare so why doesn't congress do something about it? our guest has the answers heritage foundation president is next. would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars.

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♪ lou: rescue efforts are ramping up across colorado today. more than 600 people still unaccounted for. massive flooding in 17 counties has killed eight people, and damaged or destroyed nearly 20,000 homes. the national weather service is now forecasting sunny skies mostly for the remainder of the week. and engineering teams and italy say they have successfully pulled the cruise liner completely upright. they did so early this morning. it took a complicated 19-hour operation to receive free, as you see there in the time lapse video. the plan now is to the refloat the can korea this coming spring haul it off for selvage and obamacare concerns exchanges are set to open to recharge today but americans are increasingly unhappy with obama's handling of obamacare. record 50 percent of voters

disapprove of president obama's job when it comes to health care according to our latest fox news poll. in the first of my a exclusive interviews with heritage foundation president and former senator jim demint we talked about the push to defend obamacare and how realistic it is. >> first of all, it is important. obamacare will fundamentally change america as we know it, not just health care, but our economy, culture, the way we think about ourselves as americans. we were founded -- in fact, i was in london just a few weeks deal. they cannot believe that a country founded on individual liberty and freedom is considering doing this to ourselves. we are finding out, just beginning to see how bad this is, how it is going to affect people. unions did not like it. lou: that is a spectacle. i personally never thought that we would see the afl-cio and

partial rebellion, organized labor looking for an exemption. congress has found one. everyone wants a way out. stand back. >> my point is, this is a very destructive law. and so when i hear those in congress saying it is a political risk to try to stop it or we really cannot be funded, i say this is worth fighting for. the only way to get the president's attention here is for republicans step fund the government in its entirety, but not fun obamacare. and if the president decides to set the government down tenth save his failed law, that is what he's doing. and so i do not see any other way to stop this from being implemented in the next few weeks. lou: if i may, it is a clever strategy. it is a strategy that even has some things that might actually work. what is the reaction from republican leaders, if you well,

the folks in congress and the senate as to how excited they are about this and the political fallout that will ensue. in the house obviously they're the ones to have to make the decision. >> some of the is very risk averse and they are saying, well, if we do this we could risk losing the next election. frankly, lou, every republican mayor place to do everything that they could to stop this bill, and there have been several times of the last three years since the republicans were in the majority where the has said, let's not fight here, let's push it to the sea are, the debt limit. now, october 1st, they started signing people up. this may be the last off ramp. this is the time that we need to stand up and stop it. lou: as jim demint says, we start to see obama insurance exchanges open up, and we are going to see where that leads us. it begins january 1st, it being the affordable care act or

obamacare as it is more affectionately known. >> government health care is what it is. lou: and you talk about folks in london with the national health service, out of their minds. but here we go unless congress does act. what is the likelihood in your judgment that congress will defund obamacare? >> it really depends on the voices of american spirit that is why we have been traveling around the country last month trying to keep people informed engaged because a lot of people still do not know that this is happening. the edges starting to get notices in moving to part-time. i think that congress is probably 5050 on whether not they will take this action. the problem that the speaker has is he cannot get democrats to vote for a funding bill for the government. he has to give republicans, and a lot of republicans have decided they did not want to fund obamacare. i am trying to get as many people in the country to support the right policy year. lou: and in prospect, the battle over continuing resolution.

the budget. what is, in your judgment, the smartest thing for republicans to do with an eye to 2014 and that is the best thing for republicans to do for the country. >> well, i will not speak for what is best for them. i am trying to do what is best for our country. that is what we are about. frankly, it is more important that we stop obamacare than who wins the next election. also, if we cannot stop obamacare, how much difference does it make? >> you scared the dickens out of some republican leaders. >> i think they knew that when i was in the senate. there is a time when you have sarah place your life, fortune, and sacred heart for the right thing. when people say we might lose, i keep saying, since when do we not fight for what is right as americans because we are afraid we might lose? >> the netting millions of americans start to see the impact of obamacare and the

impact on their taxes which is not going to be raised in the middle class that will be, star to add up the burden, the cost of what we call obamacare. it is going to be -- lou: and unfortunately a lot of people will not feel it personally intel next year. a sign up what had been in the millions. we will be hard to unravel this one starts. lou: where do we go with the continuing resolution? where do you think that we will be in bringing some sense of fiscal responsibility? of october 1st now, obamacare insurance exchanges into the new fiscal year. >> the president will force a showdown regardless of what the republicans do on obamacare because he said that he once a clean increase in the debt limit with no strings attached. he wants to change is sequester and knows that the republicans are afraid every time he says shutdown. republicans are not going to get

out of this without standing at for something. they should take the stand right now on this funding resolution and not find obamacare. they cannot say on one hand that they think this is a terrible offer. we are going to continue to fund it. i am not sure what the outcome will be, but i can say, this is worth fighting for. lou: worth fighting for. a number of bases that you and the heritage foundation are highlighting and putting to the forefront of what you consider the right agenda for america and for our future. a lot of those issues are not being discussed, but we are going to be discussing those agendas as we continue our conversation. jim demint, president of heritage foundation, good to have you with us. >> thank you. lou: and we will be continuing our conversation tomorrow. be sure to be with us and take a moment to go to our website at foxbusiness.com.

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♪ teeseven the video game and grand theft auto 5 hitting stores today expected to generate a billion dollars in sales in one month. that is four times the budget to spend to make it. shares of take to interactive, the producers of grand theft auto up 2 percent today, but up over 50 percent so far this year

in anticipation selling on the news is sounds like. sex is not always sell. the california company that owns penthouse magazine and an number of adult websites going bankrupt. apparently too much free stuff online. a friend finder networks has not turned a profit since 2006. that is a need business, if you can do it. on wall street stocks finishing higher. the fed taking office today policy meeting. the dow, nasdaq, s&p all up. volume coming down little in anticipation of the fed meeting tomorrow an announcement. and over two and a half billion shares. to tell us what that all means global head of management investments for private bank. great to have you here. it is funny to see that. people start -- zero, we better wait and see what is going on.

what will happen tomorrow? >> none of us exactly know. the expectation is the fed will begin to taper and reduce its purchases. i think that the market professionals are expecting that. i think that the retail investor is going to find the fed stepping away a little bit disconcerting. it will be very interesting because they are, if they can't am going to taper and our opinion. lou: that means slowdown easing money. >> that is exactly right. >> and it also means that the fed has some -- to questions that arise from me. one is how did this consensus ten to 15 billion a month in tapering, how did that arise and also might well be the impact of ten to $15 billion? >> the consensus is budget people figuring out how much withdrawal of easy money the economy can tolerate. doing about $85 billion. 15 percent asian. that is what they're looking at.

this is generally good for the economy. if they begin to taper and the u.s. is the first of the major industrial economies to step away from supporting the economy, altman this is good for the u.s. because japan europe are going to continue to stimulate the economy. if you think about it, the first in terms of the quality of the banking system. the fed will begin to step away. free-market considerations will begin to take hold. lou: just how small? >> i do not think we should look at it as a one day situation. that would be bad. the bottom line is that we want to see the fed ultimately move away from supporting the economy over a reasonable amount of time there have been a relatively difficult job of communicating that, but that is what they want to do. lou: dated a horrible job of communicating it. larry summers no longer in the equation. not being in the equation, that

is the reason for the market going down. think he would have been terrific the market ba does this. now continued easy money. if -- is growing faster. >> that really explains why the markets around. what the market really needs is technology about what will happen, understanding what will happen with the sequester, the debt ceiling, the fed. in the more certain to the market as the more confidence that has. lou: how does the market finished? >> i do not know, but if i did. lou: let's lay it out for the rest of the year. we think that the market will have some volatility. >> but the private bank thinks

that we are actually going to be higher by the end of the year and 2014 looks good. right now earnings of 30 percent less than they were in the aggregate in the time of crisis in 2007, and the market is at the same level. price-to-earnings ratios and lower. the u.s. economy is doing better banking in the energy situation in the u.s. which is becoming somewhat energy independent of the next five years. these are good things. good talking with you. up next, liberals looking to raise the minimum wage. looking out for the poor. and we will introduce the "chalk talk" to what is a set of facts they have obviously ignored and show you why they have it absolutely backwards next. ♪ ♪ [ villain ] well mr. baldwin... it appears our journey has come to a delightful end. then i better use the capital one purchase eraser to redeem my venture miles for this trip. purchase eraser? it's the easy way to erase any recent travel expense.

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♪

lou: i just want to bring you some facts about the minimum wage. california has done it again, raising the minimum wage sit-in dollars an hour. by 2016 it will be the highest in the country. at least eight other states are going to try to boost their minimum wages. supporters say they're advocating for the poor. one economist says that is madness. he and many others say raising the minimum wage actually increases unemployment making labor more expensive. switzerland, one of the few countries without a minimum wage. at an unemployment rate of just 30%. a time when the net estates to nat have a minimum wage law. the 1920's during the cooling it -- : demonstration. the unemployment rate that down to just under 2%. take that switzerland. many economists say raising the minimum wage is now lower poverty. most of the poor -- follow me on

this, most of the poor don't have jobs. they live below the poverty line. but they are only one half million people fighting the federal minimum wage of $7.25 an hour. and here is number. 68,000. these folks live in the pacific west region 50 percent of minimum-wage workers are rich in the aged 60 and 24. six to $5,000 per year. isn't that great when those advocates go to work and come up with a really good government

solution, like raising the minimum wage to $10? california, of course. we love you, california. that's it for "lou dobbs tonight." thank you for being with us and good night from new york. good night from new york. ♪ no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪

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posts and stories into real-time business insights that help nascar win with our fans. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. the pursuit of a better tomorrow is something we all share. but who can help you find your own path? who can build you a plan, not just a pie chart? who can help keep your investments on course, whatever lies ahead?

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