they are paying for my retirement. it's been a pleasure talking about and with millennials tonight, and for mat, i'm kennedy, and i invented brunch. good night. said that the employer rate drps to the low was level of more than six years but it is hardly good nws. nearly 100 million americans no loggiig in the workforce. labor participation rates drop to the low was level since the jimmy carter administration. i am torrey rothman -- lori rothman and for the jobs. lori: good evening. we learn to the unemployment rate dropped as expressed 7 percent the lowes level since 2008. the american workforce treating 74,000 jobs less

than half of the to do thousand jobs projected in the last months of013. the drop of more then 350,000 americans who simply stopped looking. the labor force which is a patient right now with 62.18% and a number that the economy previously had not seen since the middle of the carter presidency but the white house predictably still refuses to present bad news. this is what jay carney said earlier today. >> he said our statement in reaction to the monthly jobs report as the secretary of labor. our view has always been where j creation exceeds expectations and/or where it comes in below expectation that we continue to see

progress in the economy but we have more work to do. lori: the smallest gain in small years -- and many years losing 60,000 jobs with construcion also losing another 12,000 positions. now tuesday scandal facing the white house for the first-ever identifies the to libyan groups that were designated as terrorist. the state department designated the leaders of those groups as global terrorist and one of those and a former guantanamo bay detainee trained with the osama bin not been in afghanistan. today they insisted al qaeda i did not orchestrate the attack. >> these are not affiliate's of al qaeda. there is a difference from

what it is a directed and what is not. lori: no one has been arrested to wear and tear is set fire to the diplomatic busy but the state department publiy announced a has a $10 million reward for those with any information. the county cannot in november but was kept quiet because of security issues with the ongoing investigation of the attack. also looking to the i.r.a. scandal moving at a shockingly show pates. lawyer represented for special scrutiny by the irs says his clients have only recently been approached by the fbi investigator only talk to a handful of conservative groups of course, obama promised to investigate the scandal eight mooths ago this comes

one day after after their release and the justice department investigation the is $6,000 to the obama campaign and democratic party. we're alerting details of the retribution scandal of the 2016 candidate chris christie. investigating them massive traffic jam today releasing more than 1,000 pages of documents linked to the shutdown. of on the revelation is one of his appointees was directly told of the first-aid the backups were causing problems for police and paramedics but it continued for days. they also realized early on there would be polital fallout. when transportation official left the job last month. fording he mails to his personal e-mail. one day after chris christie apologize for the traffic

jam organized by his aide and fired two of his closest advisers. the justice department say they will look to see if they violated federal law a and legislators said they will continue to issue subpoenas on the matter. much more ahead. the market seems to shrug off that jobs report with a flat day across the board. our chief act -- equity strategist is here with how the markets will react in the future. robert gates tries to downplay the scathing criticism in his former ben more. the former pentagon spokesman will offer us in his analysis. a brand new book called in bet with all street takes a regulators while making the clim they're only out to pad the robe pocket and those of the lawmakers although we will talk to marry later in the broadcast. thousands of democrats

breaking ranks reproving a cybersecurity bill on obamacare to require any security breach to be made public within two days on health care.gov. 291 voted including 67 democrats. the vote was a limit to discourage people from signing up for insurance. republican congressman ice us says it is critical because as the centers for medicare and medicaid born to the site not should be launched because of security problems. >> the highest ranking technology person security person has made it very clear she would not sign the docunt, she did not recommend goin forward and she made her thoughts known on september 20th. then it was one dash taken out of the loop as the

reported way. lori: the government announced it is changing contractors for the obamacare web site. the one tha was helping to repair day website will be dumped next month. instead they will sign a 12 month contact with said different company worth $90 billion. they actually work with california to build their local exchange. stay with us. we will be right back. >> the jobless recovery, the unemployment rate drops 6.7%. hardly good news that lowe's since the jimmy carter administration. chief equity strategist on what that means for your wallet.

lori: targets drops another bombshell announcing 110 million customers may have had their personal information stolen during the cyberattack at the height of the holiday shopping season. three times the original estimate which was about 40 million. target also reveals additional type of info includes names, e-mail addresses and addresses. the stock is off $0.72 are just over 1%. one milestone for the chinese economy new figures released show it is now the biggest trader of goods overtaking the west part of the imports and exports totaled nearly 4.2 trillion dollars last year a figure to certainly surpass the figure released next month.

last year it amounted to just under 3.6 trillion so there is little likelihood the final tally will be higher in china. on wall street does stocks finished lat on the dismal jobs report. the dow lost eight points yesterday gained five the nasdaq up 18. the dow posted a of a slight loss for the second consecutive week while the others had a slight weekly game for good joining me now to assess the jobs report in market reaction we have from as in the capital of our analyst strategist. we were expecting although warning frigid weather would destroy job creation bridal thi anyone expected it to me that week. >> i think most people were expecting it to be pretty good. not as good as last month that was up to 003,000 but we found out last month and was even better up to wonder

41,000 but then they came out 74,000 well below the 200 people expected. it took wal street by surprise. lori: construction jobs were down but how does the bottom fallout? >> ably tha on whether they still try to par's all the data because the construction jobs were down it is an outdoor activity they were saying maybe a really was due to the weather. i think what they say is it is government data to be revised to seven aegis said the nomber reading was up long dash chad and a provision so could this just be a mistake can we would see the upward revision in january? >> we could do n back to the number that was expected but it could be easy above

100,000 an most economists are waiting to see what data comes out to see if there is a change is not a trajectory but most people expect to continue the tapering program even though the look at employment data. lori: are we seeing the inflection or a change or a turning point? we were up above to 1000's and october 8 and november then the drop-off. this is not a turning point to the downside?e? >> not yet. you need at least two points to determine a straight line so we will have to see you next month to see if this is consistent. also looking at a variety of other ecomic data points that will confirm a slowdown such as the purchasing managers' index the indicates the economy is

doing very well. >> the other component is the unemployment number. with that as a result the people of giving up there is no opportunity help their aaron i'm leaving the work force. what about purchase additional rates being at a 35 year low or is there some component of the baby boomers retiring leaving the work force? >> that is part of it. going back to school because they're not findi the jobs they want to accommodate baby underemployed so they go to school to improve their marketability or baby boomers who say i will put my feet up and enjoy the rest i have learned to. look at the broadest measure it is called the you six in the remains steady. lori: should we be concerned

this is a jobless recovery? yes. we would like to see increase in the jobs out there as well as an increase of the quality and jobs because that would help to narrow the gap between the haves and have-notsnd allow everybody to participate. lori: the tap has commenced but the small amounts pulled out of the bond purchases so will this continue on this course or pullback to continue full throttle or increase the level of the taper? >> that will come in at about $10 billion per month starting a 85 billion then 65 so it should be done sometime by the beginning of the fourth quarter but as of yesterday people were worried that economics was

ripping up too rapidly and they would have to celebrate the timetable that was a worried now we think otherwise. lori: with the bond yields spiking so the markets are flat so greasy the nice january effect. what do you think? was tabled of written those -- britain that of. >> good years often follow great years that is the likeliho of stock traders tell us as those jittery so goes the year if you are so impatient then take a look at the first five trading days of jayury th is a good indication and was down lori: even with high single digit gains of goodyear follows a great year.

we shall see. lot of homework to do. thank you for coming. be sure to check out lou dobbs w book called "upheaval" the audio book was read by itself also available in books and also itunes links for everything available as of the dogs.com i already have my side copy. he said you are a great american. it is pretty special. up next to the obama administration facess3 criticism claiming they purposely, as a team of rivals a former defense secretary rejects the claim and the former spokesperson so ally bank has a raise your rate cd that wothat's correct.a rate. cause i'm really nervous about getting trapped. why's that?

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lori: the white house policy facing a new obstacle 59 senators signed onto legislation withew economic sanctions against iran f i ran does not make concessions for reporters say if and when majority leader allows a vote they

will get the 67 votes needed to overcome a presidential veto. the lighthouse announces the president will give a speech next friday to reform the nsa. the present has nbd with lawmakers and technology companies to record his remarks the president is reportedly to announce kerbing spying and u.s. leaders also plan to strip the nsa to store far records in the interview published today former fed secretary robert gates highlights the essential policy afghanistan and with the differences between the white house the military and state department. not a deliberate attempt not the team of rivals that gates claims never doubting obama is support for the troops the president was

deeply suspicious and considered constant with generals and obligations. our next guest says the book provides key details of the over politicize views of national security at the highest levels of the obama administration and. retired navy commander surveying opposite the secretary of defense. welcome. >> i appreciate to be on the show tonight. lori: give us a sense of the attitude shifted during the transition from the bush to the obama white house. >> it was like night and day i was there for years as the spokesperson working for secretary rumsfeld then secretary gates. then president obama became there was tremendous change. people in the pentagon realized here was the guy that did not like the military, not supportive, things that he

said talking about guantanamo like it was shameful and that was insulting. talking by repealing don't ask don't tell that is what he was the most energized about. he had a whole different set of priorities to usher in all these cuts over the next decade so people knew president obama was going to make the military smaller and weaker in bow progressive and people in the pentagon understood that lori: so what was the white house response to his comments? >> it was bin to say they established a team of rifles? that sounds like what they said about benghazi. oh ya. the video after 12 versions of talking points. is seems like damage control the white house is very concerned about obama is a legacy because this is very

hard-hitting talkg about how obama was making decisions based on politics like in 2007 a purge -- oppose the search also hillary clinton is damaging for purchases to become president. lori: i will jump around and critics of the form policy point out the resurgence of a pay dash in in iraq and they gates assessment shows it is because president obama ignored the pentagon's advice. >> i think secretary gates is absolutely right. he did not like to hear advice from the pentagon he thought he knew better than the admirals'. he never lost an election so he thought i knew everything so why should i listen to these general's i don't trust any way? most of the military did not vote for him. president bush most of the military voted for kim. so it was a different way that bush looked at them versus obama.

i had a column this week where i talked about at the same time as al qaeda and retakes fallujah obama is letting terrorists go from guantanamo peacemaking them stronger at the same time. one-third of the dj note -- detainee's return to terrorism. one-third of the trips that died in iraq and died in fallujah trying to keep it out of al qaeda have as. at the same time we lost it president obama is doing his best to release as many detainees as humanly possible. lori: if you do was behind them gismo pushed you would be shocked and reminding as a pentagon spokesperson you visited more than 30 times. interesting information. a troubling government study

finding a sharp increase of suicide with the august veterans. beyond beds committed suicide at three times the rate of active duty troops in recent years. peaking at 185 in 2012. 2013 numbers are not yet available. the military is making progress when it comes to sexual assaults. of the three major military academies the assaults were down from 80 down at 70 with fiscal year ending in may of those two-thirds were at the air force academy in colorado springs. much more ahead. we will be right back. >> a major chemical spill leaving tens of thousands of west virginians without running water or without fresh drinking water. as the governor declares a ate of emergency. via fed watches an investigation into the

cause. we have the latest. welcome back. how is everything? there's nothing like being your own boss! and my customers are really liking your flat rate shippin fedex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reability of fedex. over the pizza place on chestnut street the modest first floor bedroom in tallinn, estonia and the southbound bus barreli down i-95. ♪ this magic moment it is the story of where every great idea begins. and of those who believed they had thpower to do more. dell is honored to be part of some of the world's great stories. that began much the same way ours did in a little dorm room -- 2713. ♪ this magic moment

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lori: the federal government joins west virginia to declare a disaster and around the state capital of charleston asked after a massive chemical spill putting 300,000 tavis. the investigation has begun in the meantime residents have been told to avoid using tap water for drinking , bathing and cleaning we now go to the scene with the report. >> don't make baby formula, don't pressure tea stall shower or wash, don't drink it. you cannot just boyle it is said to not use advisory. >> a chemical company to help process coal first notice day leaked last night just blocks dnstream of the water company.

an unknown quantity probably thousands of gallons an agent used in the processing was found leaking from the tainted into the old river from which hundreds of thousands of west virginians get their drinking water. at 9:30 p.m. last night there was declared a state of emergency warning west virginians in the nine county area not to use the top water. >> not until we receive we're focusing efforts those of the hospitals and nursing moms. we have asked the department hhs bureau of public health said west virginia national guard to come up with a long-term plan to assure adequate supplies of water and food is available. >> seven water distribution points were set up by early afternoon this one had run out of bottled water by 2:30 p.m. and complete the out of all safe water to

fill jugs. >> we really don't have resources. >> the national guard is aiding in the distribution also setting fire trucks from maryland are expected to arrive tonight from fema. >> a statement saying it has been working round-the-clock to determine the amount of chemicals released the first priority is safety safety, containment, a cleanup that could cause irritation of the eyes, skin , upper respiratory system and headache and cause unconsciousness in the animals with liver and kidney damage. >> already hard hit by the war on kohl's the damage is likely to be hit hard as a wing cam provide clean drinking water. already today half a dozen lawsuits have been filed claiming the west virginia american water company as defendant. lori: attorney general eric

holder says the federal government will recognize more than 1,000 same-sex marriages and the state of utah despite the state's refusal. hundreds of gay couples rushed to the altar after the unexpected court ruling against the bay of. the state government is trying to block your leaving those married couples in the bow. it will officially grant access to federal marriage benefits. one we after the recreational shop's opening in colorado activist alaska alaska, california, were again in washington d.c. tried to legalize pot to their own states activists are starting ballot measures for the 2014 election and garner support for thousands of signatures of across the state's. international poll for cnn shows a "upheaval" percent of americans to believe marijuana should be legal compared with 44 percent that do not.

joining me now the "a team." so we will start with the unemployment crisis that you were allaving such reacons to the marijuana story. [laughter] >> i will take a very conservative stance. is no longer just say no to drugs but it is no todrugs unless it helps pay for school like we see in colorado. it amazes me they say we will tax and raise money then we use it to build schools so when you get your high school diploma your also giving aid to be to the next generation. >> why do think the college by scott? i am sympathetic -- high

school. but let's say what it looks like why rush into it? to make you have the states passing it but the federal government gets in the way just like the gay marriage the federal government says go for it but the state gets in the way. >> the country is moving in that direction more states will approve them public opinion is shifting you will see the issues become key area and the billions of dollars it cost to enforce by personaaly supports legalization because of the thousands of arrests east -- each your boss so i am more of personal responsibility type of girl. >> also like to see tobacco legalized in mecca and offer personal rights would -- except when it talks about

the safety of others. that is that they are doing with this. lori: there was actually a shortage? there is some free-market principles it is tough because they're overly taxed and they don't enjoy the same business benefits of there's a lot. >> if you talk about public safety issue you can apply that to do so many things to say this is a potential public safety so i worry about that ministate. >> resaw the emergency room in colorado because the aids his parents cookies that were filled with reid. >> 795 people were pulled over under the influence. >> butit is the unemployment crisis it is a

jobless recovery. is that an anomaly? >> the employee rate down from 7% the first time below seven since before obama took office but that shows how misleading these statistics can be because the number of people who look for jobs to those in the labor force if the unemployment rate goes down the narrator goes down even if the denominator goes down to save people are dropping out and ging up. >> when people leave the labor force the obama is administration and should not be out. >> quantitative easing is not helping the matter.

>> right now they need something and the american people by that. it is easy to say but it is not the jurors. >> i think people don't buy them because they are out of work can say you can give me numbers all you want but i have been out of work to years of people i know so when you live and breathe this you feel they are vying lori: we have to take a quick break. be sure to pack up his new book called "upheaval" online right now. check him out on twitter or go to facebook the president's attempt to supplement their rights have the reverse effect. the "a t i love to eat. i love hanging out with my friends. i have a great fit with my dentures. i love kiwis.

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lori: may new reported that its market baggage of of alaska did not vote to extend long-term benefits because he was in hawaii. democrats could have used as'' because it passed the bare minimum of 60 votes for legislation and to extend benefits remain in limbo as republicans insist the bill is not paid for purdue pulled by the new record amount of american ince call themselves liberals although conservatives is still high at 30% but the level has always been higher but 23 percent also identified themselves as liberals been in that is the all-time high 34 percent identified themselves as moderate. another poll finding gun ownership surging nearly

four out of 10 households have guns according to the economist survey that is a 5% increase and confirms the four decade trend is over. the "a team." is here. let's start with chris christie more than one day since the apolgy. a lot of media coverage. i incurious is what does it do to the 2016 potential? >> nothing yet. i love his apology because he took responsibility and action. he fired people skied d something different than obama. this is my fault. i will do something about it. it turns out he is telling t truth i don't think it will impact than much but to something else is a disclosed he was more involved of course, but i

think he is a firecracker and a lot of people to have issues with his stands looked at the apology and have respect for him that is how you handle something. >> isn't it in the debate concerning this is the culture of his a administration people who work so closely would condone the of vindictive act against an opponent? >> i agree. i think i sort of agree but i pushed it if he is not telling the truth, and she is done. if he is the mayor may not affect him. of lots of people are looking for some reason to be suspicious. but this scandal shows why if you care about corruption you are better off voting for republicans. they're not less prone to rruption but when republicans are corrupt the

media do their job. the tough questions he got compare that to the i.r.a. scandal. >> he gets it from the left and the right. >> i don't think we are. republicans would be calling for in his head is not under the obama and administration and. this is what americans are craving from our president. it was a genius to do that because that is what the people wanted but live this happened under ronald reagan republicans would be calling for him to resign it is just that we are in such need of leadership andonesty. lori: eight months after the investigation begins the fbi finally looking into contacting some tea party groups that perhaps were improperly targeted by the irs. aikman's? >> it will not result in anything especially when you

see the number one investigator was paid just to get this position and that shows that the white house is really cheap these days. noit is going $1,800 with the official position to seven criminal charges? >> the president said this was ahony scandals of talk about setting t tone from the top he might as well said this is the traffic study. lori: but this was buried today? >> it took so long. seven or eight months? you have all this evidence is as ridiculous brodie surprised if the president will hold anybody accountable. >> this is the $25,000 ad campaign? gimmickry started off saying if you will go along with what president obama and you

vote to continue we will go to primaries. if they come through a hand to john baker should have no exception he should have been able to hold this. you cannot be a bit about mitch mcconnell he is the minority leader taken only do so much she also has ted cruz but it the majority leader has no excuse. lori: death penalty by. check us out of an twitter or go to the facebook page lou dobbs.com and i want to share some top comments as well. >> the investigation into benghazi, she says why does republicans have the election and vote for the house speaker who calls for a special committee on benghazi?

>> obama if it's where the wind blows in the way of the action. lori: up next the brand new book in bet with wall street makes a clean investment banks have formed a massive conspiracy designed to staff the own pockets while ignoring consumers in the american taxpayer. author la

lori: virgin galactic successfully completing the third rocket powered supersonic flight. too important systems tested today the thermal protection encoding in the reaction control system is in preparation for the upcoming

flight. the ceo says each test flight is progressively closer to start commercial service in 2014. a terrifying plane crash off the coast of hawaii was documented by one passenger carrying a small go pro camera. the 39 drolled texas as he clutched a floating seat cushion waiting for a rescue crew. that is the sinking played in the background. one dash plane in the background. with severe flooding in the regio officials expect a flood levels to rise even further over the next three days in advising motorists to stay offhe road. turning back to wall street the incestuous relationship between washington d.c. industry unrmines our entire financial system

setting up the country for another crash. former mortgage backed securities trader, larry, is so nice to meet you and congratulations and a publication. there are a lot of conflicts of interest going on between wall street and washington? >> thank you for having me. taking a serious look about the preponderant the evidence that case is screaming and said is a strong term to use in the title butot only the money that goes from wall street to washington of that isll th were with the $500 million per year then triple that over the next two election cycles, the american gets that. they feel that it is

business as usual. the fact that pay off to wall street with regulatory oversight i would not be here. lori: so how do you see dodd/frank? is that the effective step? >> with the dodd/frank reform legislation the reason i spoke slowly is the 2000 page regulatory reform legislation is barely a passing reference with the relatory authority it is almost hard to believe that is the case they have to reverences the index so it doesn't get to the hearts of palm oil street is

regulated. >> does any of that satisfy you? >> it does but the problem is getting into the culture what is a self regulatory authority what does that men? the reports to nobody but itself. lori: what do you want to see done immediately? >> self regulated. jpmorgan and other firms looking at the evidence is nothing more than a meter maid. lori: we have to leave it there. in bet with wall street. a great title.

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neil: it turns out that target had a lot more breaches than what they thought. that pretty sums up the color of the customers faces. customers who want to know how it is that all of their personal information got out while they were checking out. i'm talking about names and addresses and phone numbers. and for a lot of debit cardholders, direct access to the beta coutts themselves. not easier said