man in for lou dobbs, president vowing to did around congress to enact his income inequality agenda. the dangers of legislating from the executive branch tonight, also, a rare winter storm hits unprepared south, stranding thousands of motorists in their cars, kids at school, moms in stores around atlanta area, 24 hours leyter situation far from

resolved, a rough day in wall street, investor hit with a another triple digit drop in the dow with a market creation becoming a reality. tonight, president obama following up his state of the union message. pushing his modest proposal to spur the economy. he plans to enact with or without the backing much congress. >> some of my ideas i'll need congress. but america can't just stand still. if congress sudden doing anything. i'm not going ta stand still either. wherever i can take steps toke pan opportunity for more families -- to expand more opportunity for family i'm going to to it even without congress. >> members of president's own

party have expressed disappointment with the tone of his state of the union speech. and allie rejected a request, told white house he will not fast track votes on pending trade agreements with europe and the pacific rim. >> president obama is back on the campaign trail trying to keep democrats in shark of the senate -- in thank o charge of senate. >> some people will earn more money than others, we don't envy anybody who achieves success through their hard work. >> at another stop in maryland, president visited aye costco, he joked they sell everything from snork els to sofa sets.

making changes to men hum wage, and setting up a new retirement savings program. >> corporate profits, have soared but wages and incomes much ordinary people have not gone up in over a decade. >> but some vulnerible senate democrats are not buying it, son tor from alaska said he was disappointing that president it not mention the e exxon keystone pipeline. saying that president delivered good sound bites but they need a clear plan in economic growth. missing his chance to talk about national energy security, and senator nar mark uwill do was asked if he wanted president to campaign for him, he donged. >> we'll see what the president's schedule is. >> president's allies feel good that on healthcare, republicans are largely shifting away from a

repeal argument. and his vigorous defense of the law may rally democrats, onem break reform -- on immigration reform. president won applause by avoids partisan attacks. >> republicans are turned off by his threat of going around them on other issue, today when president claimed he was signing a bill passed by congress, when really it was an executive order. >> now i'm going to sign this bill, thank you, god bless you. >> reporter: a new plan called mrias people without a plan at work save more money. there are limits on plan in part because it never went through congress, so does not have the force of law. >> thank you ed. on wall street, stocks finished

today sharply lower follows the fed to decision, s&p down 18, nazdaq fell 46. so, federal reserve announcing it the continue to cut its monthly asset purchases by $10 billion brings it town t $65 billion. >> boeing shares falling more than 5% after a disappointing outlook. and facebook shares sunked in av hours -- surged in after-hours trading following a 63% jump in revenue fueled by strong mobile ad growth. and fiat chrysler automobiles getting a new name, shares to trade by october 1. >> toyota announcing it produced more than 10 million vehicles world wide last year, the first auto maker to produce that many cars in a year. >> and on capitol hill, attorney

general eric holder on hot seat, to testify on all issues, but first holder confirmed that federal authorities are investigating targets data breach prior to target confirming a third party's vendor's credentials were stole en. >> we jen rally did not discuss certain matter, i can confirm that the different is investgating the breech involve -- breech involving target to work to find the perpetrators and any individuals or groups. >> then the attorney general was posed -- forced toy iyy it fend the staple that marijuana is safer than alcohol. >> i think that the use of any truth is potentially harmful,

and in included in that, would be alcohol. >> the president said, i don't think it more dangerous than alconal -- alcohol, do you agree. >> any drug can be harmful. >> using marijuana against the law is that appropriate use? about for young people too to that, that violates federal law and we said would be something we would continne to use our federal law -- >> painful, holder said that he did not consult with obama before the president gave the interview to the "new yorker". >> and senate intelligence committee holding investigation on terror threat. more than a year after president obama declared on the campaign trail that al qaeda was on the

run, james clapper testified he could not say that was true. >> i can't say that the threat is and less. i think our ability to discern it is much improved over what it was in the early art of the 2000 period. >> so clapper said that syria was becoming a hotbed for terrorists and militant group want to attack the u.s. >> and house today approving a 5 year farm bill ending what has been coosidered debate on how to cutting a subsidies and food stamps, passed by a vote is now going to senate which is to begin considering the len laying early next week. -- legislation next week, some house conservatives not happy with the bill they wanted to cut

-- they wanted too cut food stamp spending by 4 billion a year, it cuts just 800 million. >> a rare snow storm in nation's deep south, wreaking havoc in areas not used to it, just 3 inches of snow in jo georgia and alabama, but there were so many accidents, and people died. schools, and businesses, and offices let out at the sametime, causing mass chaos and gridlock, children forced to camp overnight in schools mean workers slept in their offices, merge crews were still rescues drivers this afternoon. >> we can't control mother nature. just as we could not make better predicts neither could school

superintendents that is why the schoolchildren are in the situation they were in.tanding t of you taking every question you have so people at home know their government is actively trying to solve a very bad problem. >> chipper jones, find out new twitter that first baseman freddy freeman was stuck in traffic for 5 1/2 hours, he rescued freeman on his 4 wheeler, his commute home took 11 hours. stay with us, we'll be right back. >> state of the union address, memorable in one way for a struggling hero, but slightly less than true in several others. we're fact checking the president with doug schoan and red rawlins next. [ doctor ] and in a inical trial versus litor,

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lori: fact checkers taking president obama to task, among them about this claim about new jobs. >> a entrepreneur flippedo her lights in a tech start up did her part to add to more than 8 million new jobs our businesses created in last 4 years. lori: president cherry picking numbers 3.2 million jobs have been created since opponent took office, then this claim about health insurance enrollies. >> already because of the affordable care act more than 3 million americans were age 26 have gained coverage you were their parent's plan. more than 9 million americans have signed up for private health insurance or medicaid

coverage. lori: president leaves impression that chosen rollments are a result of obamacare but the medicaid car includes new enrollees in renewals that have notion to do with the health care law, then this claim. >> our deficits, cut by more than half. lori: keep this in mind, federal budget deficit has declined in half since t 2009, still higher than normal terms, and as percentage of gdp that is what it was in 2008, you still have a 17.3 trillion debt, it is greater as a percentage of overall economy than prior to the rig, not something to be proud of, joining us, doug schoan and ed rally ins.

rawlins. >> thank you, lori. >> you respond do you agree with our on take? >> i am less concerned by him taking a few liberties than fact there were no overarching themes, no sense of purpose in the speech, i didn't have a sense that president saw bipartisanship as anything other than a desire able goal, he was note doing much to achieve. it was a political speech, i suspect ed would okay agree, and purpose was not to make policy or improve the american condition, but to win an election. lori: ed, there is no more elect for president obama. was this successful at all preventing him from falling into lame duck stat us. >> he is becoming more and more irrelevant by the day. i think for setting a tone for midterm elections, which are

coming up, often a referendum on a president, and his policies, i think that sad part is that president went in, really, so different from as a year ago, a year ago he came out of a reelection, had a different tone we'll work things out, this was a you do it my way or i am doing it myself. the president can't do it himself. you know i lived through nixon years, he tried executive orders, and the rest, at the end of the day you have to have congress to make laws or pass budgets, this president has not done anything to develop those relationships, right now i think a lot of democrats are now as republicans were, a bush fatigue in 200006 now obama fa -- in 2006 now it is obama fatigue.

lori: they are nervous about upcoming elections. how will they fair? are they in jeopardy? >> they are, polling numbers, in each state there, and a few others show that democrats even with or behind their likely republican opponents, one rule of thumb, distance yourself from an unpop unpope -- unpopular president. lori: you seem glum. >> i am smiling. lori: you are piling on. >> i am not, i am talking hard headed politics, you advise a marginal senator or congressman in this environment, you do what you have to do. only thing they have is to distance themselves from the president, you can be a good democrat and not be a obama

loyalist. lori: 40 minutes into the speech, not -- recognizing members of military, until virtually the very end. >> the brave rapeger at th ranger with 10 tories of duty, that sun believable, that is what people of believe last night, the applause in bipartisan toward him is a great change for the military from many years ago, we appreciate what they have done for us, again, president has no new initiatives, my sense obamacare will run its course, it may never work. and i think a lot of americans will lose their health care, they pay more for less, and to declare victory at this point in time is foolish. lori: thank you so much. >> up next, a trend -- triple

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lori: big news on wall street, federal reserve announcing a decision to scale back bond purchases, markets selling off on the news. >> joining me now, global head of macro equity derivatives for cantor fitzgerald. great to see you, it has been a volatile couple of trading sessions, what do you make of it? >> market of the weak early on, fedex asker baited that, real news came overnight from turkey, they increased overnight rates. lori: a lot more than anyone anticipated. >> from about 3.75 to 12%. that is a big increase, brazil has done the same thing, pressure on emerging market currencies is because of taper.

lori: a lot are debating if the federal reserve should be cog sent of what is going on, a lot of money going to fragile 5 is that the coin? now will it reverse? will we see a reaction in u.s. markets from this soil soil, and -- volatile tie and vul nirability? >> emerges markets are important to numberral growth, asthma,et central banks raise their interest rates to fight inflation, they risk slowing growth. as they slow growth that lowers global gdp that lowers demand for goods and services produced by companies in the u.s., especially large caps in s&p 500 for example. lori: taper is done slowly. by the fed. so, there is a cyclome cal

psychological react going on in markets, will that be priced in and move on? become the cost of doing business or will that volatile tie turn it? >> our assessment was that equity market in u.s. would be up marginally this year. in to august, when thi then it will flatten out. other periods of history we've seen a lot of volitility. lori: how would you play these times, have you to be on top of our investment portfolio. >> i like owning volitility this

year, you can also do it by bringing up your cash balances. if you are a retail investor, and position yourself more conservatively. lori: a defensive profile these days? >> we're concerned about industries that are interest-rate sensitive, concerned about housing and reits, we're concerned about corrode it and high yield for example -- about credit and high yield for example,by sa say -- we stay with big cap consumer stap elsstap else names. >> thank you so much. >> thank you. >> great to meet you. >> same here. lori: take a moment pick up a copy of lou's new book, "upheaval", on-line, and at

bookstores, we're giving away free copies to authors of e-mails, tweets and facebook posts we read on the air, chris wrote on facebook, i don't want the state of the union to be a speech any more, it useless, i want graphs, and charts and models of a policy impact on a sector, i want substance. >> we like to hear from you e-mail me. follow uso twitter. or our facebook page. limps t -- links to everything found on loudobbs.com. >> our panel of our favorite radio talk show hosts give us last night's biggest political winners and losers.

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♪ ♪ lori: okay. the ratings are in for president obama's state of the union. not pretty. 33 million peoples to attend. that is the smallest audience since president obama said office. in the worst for a state of the union speech since 2000. republican congressman michael grimm of new york issuing several apologies after this incident last line in which she physically threatened reporter following this to the union. lori: he has to be kidding.

the congressman apparently had said the reporter asked a question about how dare he, an ongoing federal investigation into gramm's campaign fund-raising. in the immediate aftermath of the incident he sees his actions by saying he was extremely annoyed. today the covers with public statements were much more contrite. >> you know, this was an unfortunate incident that should not have happened. i am sure my italian mother is going to be yelling in the same you don't behave that way. she's right. lori: so charming. kidding. and then there is this. vice president today responding to criticism by former defense secretary robert gates that he has been wrong on many foreign policy issues for a decade. >> the part i focused on his when he said biden is a man of great integrity. think he's a man of integrity. bill gates and 95 bob gates and i have disagreed on almost every

major foreign policy since be dumped. history will judge ultimately he was right or wrong. he is a fine man. lori: bill, bob, gates, what the difference. a billion dollars. mixup is just the wrong way. so when asked about 2016, he said he thinks he would make a good president and that hillary clinton's ultimate decision of whether enough to run will not directly impact is on. have to get to the "a-team." so much to chew on today. the are joined by talk radio network nationally syndicated host and fox is contributor, and the democratic strategist, attorney and ktla -- katie okay radio talk-show host in los angeles. fox news radio talk-show host. welcome. i don't know where to begin. agassi could sum up the state of the union and one issue i did not get to with the three republicans to give the response. did that in your mind dilute the

position of republicans? was effective at all? >> as a conservative i took a look in that understood where all three were coming from, but from a strategic point of view and a communications strategic point of view i think it's sort of a hot mess. the president speaking on behalf of the nation in his party. you have three separate voices, all along the same lines but with different approaches to this challenge. i think it ends up confusing voters who might want to take another look at the republican party and say, wait a minute. to my really listening to, the tea party, rand paul, kathy morris. there were all fine and gave strong statements, but i think it's really confusing to the average voter to hear that cacophony of different points of view. lori: very streamline and very focused. let me get your take on the state of the union and the republican response. >> well, the state of the union

was obama going very, very slow, microscopic, in fact. kind of saying to democrats, now you have a tough time in 2014 fed. what you try this stuff. maybe it will work. and sending them out the door. i really like kathy mcmorris. i think she makes a very personable person. she didn't reach for a water bottle, so squeaky, have charts. she was very relatable. i hope people will take a look at her little more. >> and make a break moment you point out from those responses. all right. your impressions of the overall evening in washington? >> sure. certainly. the state of the union was a bit brought for my taste as a progressive. would have appreciated the president's really tackling what seem like 12 or 13 major political topics are no, i would like to see him there that data give us more specific agenda plants.

take on voting rights specifically. take on some of these foreign issues going on. those are important instead of trying to do these when it issues that seem just really over broad and lectures substance. think you could provide us. >> we get your take on the serious stuff. let's talk about the vice-president interchanging bill gates, bob gates when asked about them. i mean, he has such a reputation for these gaps. >> but he is so likable that he gets away with it. no one really criticize and begins everyone can the throes of their hands and says it's just jelled. >> but in a presidential run. come on. >> can make it work to his advantage by saying, i am. now will make these slips, but they are harmless. here's what i really stand for. he could try to pull that out because he does have a great deal of charm. the problem is, as you pointed out, hillary clinton loses this

colossus in the democratic party industries in the field to the point that even a sitting vice-president does not feel like he's in a position to even start to his started. she needs to make a decision, and we will see whether or not she is particularly selfish because if she is not and has no intention to run and she should make that clear sooner or later so that people like joe biden, andrew cuomo can wrap up. >> absolutely. in terms of his defense of the allegations in the book, was the vice president's successful and explaining why they have had policy differences in speed of? >> well, look, i assume bill gates also thinks the joe biden has been wrong about everything for the past four years in know, it's really kind of pitiful. if you look at it, here he is saying in my heart i know i'd make a good president. that is like an epitaph. that is a card on a tombstone. he's not going to be president. monica is right.

unless there are health problems she will roll implant and he will be done. the whole thing was kind of -- i mean, discomforting, pathetic to see poor old joes saying i would have made a good president if it wasn't for -- lori: you think he was 20? >> in no way. she could not stand in the way of history with barack obama. you can stand in the wave is true of hillary clinton. by the time they're done he would be older than methuselah and it would be impossible. he has been cast aside in a ditch on the side of the road. >> less talk about representative michael grimm and affect the new york one reporter, that was just umbrageous. what do you think of that? at first refused to apologize. today he actually came that clearly. his advisers are pushing into the flat of sorry.

>> totally. it was a little bit too late. at think his pr team normally give him a get slapped on the rest for the defense of candidate that he stood just talking about his annoyance. he has to understand, that kind of thing can happen. you're a united states representative. you have to have a little more with -- decorum. when you do have that type of on their mistake you have to immediately turn around of flip the switch the end be apologetic and as sincere as possible. >> like the day after comparable to the publicity is almost greater than the president's entire speech. >> that says a lot about the president's speech. in reality in today's world everyone as a camera. now he was doing that in front of actual cameras and he still reacted that way. if you're in public life you have to be careful at all times. everybody is recording all the time. >> that little half smile, the smirk. >> , mom warned peter about this.

lori: you guys were so much fun. thank you. >> pleasure. lori: up next, a resident to of evidence that they could be well on their way to failure. former pentagon official weighs in next. i ys say be thman with the plan but with less ergy, moodiness, i had to do something. i saw mdoctor. a blood test showed it was low testosterone, not age. we talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. axiron is not for use in women or anyone younr than 18 or men with prostate or breast cancer. women, especlly those who are or who may become pregnant, where axirons applied aas us of puberty in children or changes in bodhair or incased acne in women may occur. report these symptoms your doctor. tell your doctorbout all medical conditions and medications. serious side effects could include increased sk of prostate cancer, worsening prostate symptoms, decreased sperm count, ankle, feet or body swelling, enlarged or painful breasts,

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♪ lori: a warning today from the ukraine post independent president who is warning that the country is on the brink of civil war. his remarks come as the ukrainian parliament struggles to reach an agreement on whether to grant amnesty to dozens of protesters arrested since deadly clashes broke out more than two weeks ago. israeli prime minister is once again slamming the interim nuclear deal saying it only delayed the efforts to build a nuclear bomb by six weeks. his comments came just hours before president obama is a vow to veto any legislation the proposed new sanctions in this city union address.

and the troubling reports that syria has given up less than 5% of its chemical weapons arsenal and will miss next week's deadline to send of toxic agents abroad for destruction according to sources familiar with the metal who told reuters that the internationally backed operation to raise serious cut weapons is six to eight weeks by schedule. shocking emissions from the director the national intelligence agency but the threat from al "chalk talk" have a terrorist organization has benefited from the nep to buy massive leak for edward snowden. joining me now to wrap up all of these stories and live as prospective, fox news special security analyst. always good to see. obviously the president. >> they are two different things the president said for the last year there on the road, they're finished. now they're doing this all

thank. the effect of the matter is, we went on to say al qaeda is in more places in greater strength. they estimated are not. >> it's a mixed message. >> at damaging mixed message because when a president of the united states speaks the world listens. and he says someone and al qaeda is on the ropes, and not important in on the other end as saying we are quivering in fear because our olympic team may be in danger from terrorists linked to al qaeda. so when the world needs to hear a definitive statement, whether it's on syria, russia, or al qaeda. ." lori: tebow for his position by using the phrase the threat has evolved as al qaeda and other extremists. but he mentions human. there is the session, but he's not talk about -- well, this is al qaeda lauren simonetti and.

they are characterizing these terrorists. did that at all give you any inclination or help you rest assured that, perhaps, they are evolving. >> that is more splitting hairs. the world is looking for the president of the united states to come down and say there are a viable threat. the strong yen arm as ever. the olympics coming up and we should boycott. >> because when he ran for reelection he said al qaeda is on the ropes. they're finished. it's all over. we don't have to worry. in the state of the union last night he said, we are stepping off of our war footing. again, that's -- this mixed message is not good for the nation. obviously not great for president obama, but the world looks to america. you guys getting out are staying in? are you standing up to russia are not? what are you doing in the south china seas? and it's a mixed message of

almost everyone because politically the president is now montana to be pinned down. >> what are the ramifications of the ultimately -- >> i don't think we will ever have another. lori: never again. >> that was an isolated incident. intelligence and security lead after that protected the speed read like how much money russia has spent on the security alone. they probably spent $50 billion all told. they have spent much more on intelligence than any other country has ever spent in the olympics before. a hundred thousand, to three times as many as britain had. if it is gotten to the point where in the olympics has to have that kind of money and security than any other country is taking an going to host the olympics best test of think, i can't put that kind of price tag. clearly obviously. there were terrorist attacks,

obviously. at this point if we don't go the terrace of one. if we boycott this olympics we will never get to another. lori: what to get your comment on our fragile deal in syria and iran. a lot of people saying, this is a failure. >> yes, they are. no it's a human tragedy to see what has happened. it's like a giant sponge. as soaked up all the bad guys. have all rushed. when that spines gets squeezed out all those bad guys are going home, and it will go home and join the pta. they will go on and create. tens of thousands of them, many that are coming back to the united states. again, they are experienced fighters. and i have to do car bombs, i edie's, and urban warfare. there will be the gift that keeps giving. lori: this is certainly not the white house human interest segment, but it was a lightning

in very important information and the less. always a pleasure. "all right. up next, breaking news. justin bieber is on the move. the white house could soon find itself nvolved. we will tell you how ny. all the latest coming up next. this is the quicksilver cash back card from capital one. it's not the "juggle a bun of rotating categories" card. it's not the "sign up for rewards each quarter" card. it's the no-games, no-messing-'round, no-earning-limit-having, do-i-look-like-i'm-joking, turbo-boosting, heavyweight-champion- of-the-world cash back card. thiss the quicksilver cash back card from capit one. unlimited 1.5% cash back on every purchase, everywhere, every single day. now tell me, what's in your wallet? there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate.

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♪ lori: breaking news. justin bieber, there he is getting of the car turning himself into to run to police. this happened just moments ago facing charges in connection with an alleged assault on the limousine driver neck -- last month. what a mess. this is his second arrest in just the last week. this is the white house petitions to revoke his green card corner enough support for

response officially passing the 100,000 signatures mark. the white house are uc is a threat to safety in the terrible influence on you. kiffin a break. he is 19. i want to adopt him. so cute and talented. anyway, we shall move on. shares of facebook serging following the company strong earnings which showed growth in mobile and users. meanwhile, shares continued to fall today following the company's flat earnings report earlier this week. joining me now, one of the nation's top take analysts who has worked with some of the best in the industry. as president analyst, we should talk to you. >> good to be here. lori: facebook, i think it was last week's impressive researchers but of the study, 80% of facebook users will disappear in the next two years. they come out with his blockbuster earnings report. >> well, remember, that study said that the company would rise

peak and then fall off as users migrated to someplace else. it really follow the virus model. what happens is you commuters -- immunize yourself to the virus of the service overtime. and you leave. facebook has been showcasing that experience. the young market is moving away well, i don't know. but the study has to peak and then they have to fall off. the cycle is now yet clear, but the report indicates there would be gone are pretty near gone by 2017. lori: shares placed the open higher. disappointing iphone sales. a lot of chatter that apple will finally into a model with a bigger screen. will that solve all of its problems? >> not really. the ipod model is running out. it started to die out or peak. then they brought out the iphone. in the ipad.

bin, nothing. so the apple tv did not really make it. the ipad menu was kind of a mess. it's kind of treading water. we are waiting for something to restart the cycle. the problem for apple is they can't get the tv to work because they can't give rise to the program. intel had the same problem when they sold the division to verizon because the cable companies of all the rest of the program in. lori: the problem. there are still retooling. >> well, recognize steve jobs live off that ipod for cycle after cycle. eventually it was going to run out. unfortunately it's running until coax watch and he does not have the same inspirational personality to drive another cycle. before apple did not have the capability either. lori: so what to bounce around some other news.

acquiring motorola mobility. nearly $3 billion pricetag. famous the picking of ibm's pc business. is this a good move? >> you know, they just picked up the ibm server business. now there are the only company in their class that goes all the way from smart phones to servers. and their the only company that is actually trading the steve jobs inside. so this is a company to watch. he recognized that he is not personally. he was trained by a lot of people. he was not good enough for a developer, was not given news programs. actually he is good on those things. so this could be really interesting. lori: all right. always interesting. that's for sure. thank you so much. >> a pleasure. lori: that just about a dozen for us. always a pleasure to felon. check out my regular show at 1:00 p.m. eastern.

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