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tv   Lou Dobbs Tonight  FOX Business  February 8, 2014 4:00am-5:01am EST

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rarely doing face-to-fac interviews. he's doing one with us. he's doing one with us. so he is
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questioning a reportedly intoxicated ukraine began who allegedly tried to hijack an aircraft and divert it to sochi russia where the olympicses are underway. more than 10 passengers were aboard the airline and it landed safely. despite anxiety about terrorist threats russia today. kicking off the winter olympicses with an extravagant opening ceremony for a crowd of some 40,000 people. there was a -- well, a substantial glitch you may notice a ring missing. it's a snow flake that is
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supposed to turn to an olympics ring. it failed to open and such things are made opening day disasters. president obama denied an icy relationship with valid mere putin in n preolympics interview. it's part of the style to sit back and look a little bored during joint interview. he clear if id stating, quote, my sense is that's part of his schtick home politically. is wanting to look like the guy. joining us now former penton official. do you think he's formerkgb as well? >> the president said al-qaeda is kb. and putin has the statute thing. well, the fact of the matter is al-qaeda is bigger and stronger in more places than ever before and putin has outsmarted obama at every step of the way. >> i find it fascinatinghat he finds him just acting like a
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tough guy. he hasn't been paying attention. russia is pretty well slapped him on the international stage. >> in theater after theater. in the middle east, for example, you know, five years ago, eight years ago, the united states was predim on in the big power in the region. we are no longer even matter. syria which was pose -- supposed to be obama's red lynn. he had to be pulled out by the russians. iraq which was supposed to be another. >> edward ♪en. >> the little trator sitting in russia in the arms putin. who is acting tough, by our president. meanwhile he delivered so many claified secrets to the russiins that it is exreport their. >> yeah. and our intelligence wases is will take a decade to have to recover. not only has snowden revealed that things things things are embarrassing.
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we're listening to the phone calls of german leaders. they revealed sources and method. they know how we collect intelligence and act accordingly. lou: russian's deputy prime minister neither he nor the russian government play the role in leeking a call of victoria knewland. blank, blank, it's one blank. blanket -- blank the e u. how they got access and why the officials -- high officials in our state department didn't know that someone had access to that. >> i think, first ofall, the reality is the new world there are no longer any private anythingings. a conversation you think is private somebody can ck in to. lou: even if high state department. >> even a high state department it's probably even more reason to listen to your e-mails or what you're doing. there are no -- there are no nothing private
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anymore unless face to face conversation in a room recently been debugged. now that being said, the russians have outsmarted us. why? it's all about ukraine. there's a tug of war of russia and the u.s. and the phone conversation makes us look like dope. lou: i think we are pretty well establishing our standing in that regard. [laughter] in a host of ways. but the fellow that president obama says is basically just a schtick when he talks about a tough guy is basically certain notice that the russians may intervene in ukrne to pursue their own interest. how serious the threat? what should be the u.s. sponse? >> i think we should, i mean, ukraine is a country caught between the west and the east in russia. it's a country whicc the leadership -- >> the people want to go west with they look at poland and the countries and think that could be us. we want to go toward democracy
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and capitalist system. what happens is their leadership which is corrupt as could be is more alive with russia. they want the bailout. the bottom line is russia controls the energy that ukraine needs. they can turn the switch on, they can turn the switch off in a cold manner. they have done it before and can do it again. >> and as well, the gas that the european union needs more han ever this winter. kg mac for a lain. thank you. the new york police department going high-tech. the n.y.p.d. reportedly bought a several pairs of google glass beta testing hoping to use them in the field, potentially having the ability to identify suspects in real time. up next mr. obama -- his political guru asking his fellow to stop donating money to hillary clinton's potential 2016 campaign.
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why? stay with us.
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withdrawing those subsidizes as income rises. the act creates a disincentive for people to work. relative to what would have been the case in the absence of that act. lou: that acting with being of course, obamacare. damaging testimony adding to the president's political toxicity right now. i hope john stewart was watching, that is the statement that we were reporting, but you stay comfortable there on the bs mountain, mr. stewart. there were -- not one -- we're not two but three damaging reports on obamacare this week. and the president's gallop approval rating stands at 40% approval. 51% disapproval. it's gotten so bad the president himself is acknowledging where he is with the american public. he reportedly told a eeting with the senate democratic meeting conference wednesday that he wouldn't be offended if he's not inviteed to visit
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vulnerable democrat campaign stop this year. some are already shunning him. the republican need a net gain of six seats to take back the senate. here is what they can do that and the latest polls on each race show. alaska, and incumbent mark leading by just four points. which is truly remarkable at this stage. in rkansas demcratic incum be end mark prior is running behind his republican challenger by five points. democratic incumbent mark you deal in colorado leads one by just three points. these are all tight races. in louisianademocratic incumbent mary landrieu trails her republican rival by 4 points. and jeanne shaheen is in a tie with her likely republican
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challenger. and that is not where she wants to be, obviously, in north carolina. democratic incumbent trailing her republican challenger by seven points. as you can tell, this is a very serious moment for the democrats. in montana, the open seat, the republican there is ahead by 14-points. 14! how worried are the democrats? well, mr. obama's cons already are so worried that democrats are spending their money on hillary clinton's presidential hopes he's tweeting. here's what he had to say. with the senate seriously at risk, as you see here, and the brothers spending preaddition usely of course, shouldn't they be focused on 4 and not 16 races. it's interesting it's a question i often and the republicans. the midterm elections are now
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269 days away. 269. and things are getting real serious and interesting. we'll be talking with the ateam doug about the clinton race. the urgency for both parties in the midterms next. time for some of your comments. we're giving a copy of my new book to everyone who e-mailed, tweet, or facebook post read on the show. here are the winners. john wrote in to say right on target with the view on government and president obama's unilateral actions. john e-mailed us saying since our president seems to believe he can do anything he wishes. it's time to change his tight from commander in chief to narcissist in chief. and george on facebook posted i would suggest instead of giving bonuses to the workers. the irs should reimburse the hundreds of thousand of dollars spent by conservative groups trying to get their applications approved. an interesting idea. we like to hear from you. e-mail e a lou dobbs.com.
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follow us on twitter. go to our facebook page. and links to all found loudobbs.com. clint eastwood being held as a hero. the 83-year-old actor/director performing the heimlich maneuver wednesday night at pebble beachpro a.m. turn. he's credited with saving the life of tournament director. steve john. made our day clint. we're coming back. a teen avoid hard time for killing four people. his defense? too rich to know right and wrong. attorneys doug burns and spencer there's no place like home.
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let me start with you. david tweeting he's concerned about all of that mone that democratic money going to hillary clinton instead of the senate democrats. they're really scared right now, aren't they? >> i think his comment highlight what a lot of democrats have been saying and republicans, too. this is a tough year for democrats to hold on to the senate. as you mentioned earlier inthe show, republicans need six seats to gain the majority. and there way to do that is through state the president lost by wide margin in 2012 and the previous election year, too. so axle rod, i think and other democrats who have expressed similar sentiment are worried looking at the president has left to do. they know, of course, that the republican-lead senate would be a major devastation to the president's second term agenda. lou: his agenda, for the second term, i think, keilin --
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doug, you tell me. i think it's prety well done anyway. i think he's a lame duck. >> i don't see what is left of the agenda. i'm not going get immigration reform. i don't see any bold program to promote economic growth. bottom line, lou, as i sit and look, i sort of say there's not much there to the extend i look overseas and tour the world, iran, north korea, ukraine. it's pretty -- and sir we have a robust foreign policy. >> a robust foreign policy. we watched this administration change direction on ukraine twice in the last three weeks. right now ukraine popular demonstrations and support of moving to the west in to the european union. this government initially -- this administration embracing russia and its hold on ukraine.
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now russian president valid mere putin threatening to intervene. your thoughts? >> my thoughts are that we have no policy. that when you have your assistant secretary of state attacking with expletive the eu rather than talking about a strategy to confront the russian and unite the opposition. we're getting involve in internal ukraine began politic to the exclusion of defending our interest. lou, i'm troubled beyond belief. lou: and kaitlyn, also watching all of these reports come out on obamacare whether it be the national smallusiness administration reports showing the small businesses health care cost have risen and doubled over the course of the last four or five years. the business school study showing that business owners are cutting back on full-time employment. staying with part-timers rather than bring on new jobs because
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of obamacare. and of course, the congressional budget office studyist shows it's disincentive to work. what is the -- what is the reaction? what should be the reaction of this white house? >> well, the white house and democrat own capitol hill are saying that, you know, it nt a cut -- it's not employers cutting workers. it's workers choosing not to continue to work nation can get their health care elsewhere. democrats say this will inspire people to innovate and maybe, you know, create businesses. but the problem -- >> there's so much confusion here being -- whether because of the talking point or not, it is pure -- to suggest these are quote, unquote job equivalent city. there is know qvc lentis to a job. it is a jb. it is work. secondly, it is a disincent statton as douglas elm door of said. the idea there's any positive in this that overwhelms the reality
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of 2.3 to 2.5 million jobs or the equivalence and everyone think about that, if you will. the equivalent of a job being a loss to a productive economy with that interjection. i'm sorry. go ahead. >> i wa going say the problem is, you know, that we're seeing headlines and going see a lot of this play out in the 2014 election that we just talked about. you know, pointing to what you st described. so if you're a democrat running for re-election in 2014, this only, you know, adds to those kinds of issues they have to deal with. but also, you know, going out and really selling the law. it's really difficult for some of these democrats to campaign on it. i don't think we'll see a lot of that. lou: i don't think like they rejoinder for the republican challengers or opponents. doug, when they spooned to whatever the democrat is saying, is that the president of the united states lied to the
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american people before -- to get it through. and secondly, being reejected -- elected. now they want to educate americans on a law they didn't bother to five years ago. >> a law, lou, by and large the american people don't like and contrary to what the administration said. the more experience we have with it, the less people like that. bottom line, i think we're sitting on "the wasington post analysis saying there's slihtly better than a 50% chance that it democrat lose the senate. we keep going in the direction, lou, it could get worse and there could be more than six seats in play. >> and to what degree is the margin important if, indeed, the republicans take control of the senate. does two or three seats matter that much? >> it does because if it is one seat, then one or two defection to give the president. if not a real majority he would presumably lose it.
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>> thank you for being here. the camera company behind all of those great viral extreme sports videos it planning to go public. go pro announcing today a file considerable ipo. that allow it is to keep the finaial information private until just weekses before it stock is available for public trade. up next the market soaring over a mediocre jobs report. s&p joins us make sense and give us a clear view of our future. in the markets. a brad new analysis show how big a bargain your iphone really is. get ready for this.
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next. stay with us!
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america's heroes need you. visit vacareers.va.gov jobs report. the market reaction. sam, great to see you. the market is underway. my goodnesses, double, ridge gains here? one right after another. happy days. ee ha! i think, well, i think the reason stocks went up, bonds went up, and gold went up is because people are thinking that maybe the economy is a little weaker than we expected and as a result maybe the fed will be tampering the tampering.
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lou: what we're giving up here? think about how many -- how many hundreds of billions of dollars we're giving up for a lousy 10 or 20 billion a month from the fed. i mean, that's just mind numbing to me that investorshink that way. of course thy do. >> sure. >> well, the fed -- our chief economist sort of equated qe3 as one of the family member over the holiday who doesn't leave. and the fed wants to get e3 out of the way. and they're going do it, if the data support enough they can, you know, in the sense remove all of that stimulus. lou: we have this unemployment report. 6.6%. this is powerful stuff. except it is -- it's not really. it's still pointing to a half speed recovery. still pointing to gdp growth and might be around 3% for all of 2014. there were some encouraging signs that broadest measure of
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unemplment, underemployment, and disgruntled workers actually fell. lou: six. >> i love to say that. don't -- i think you're insulting me. >> never! >> but the idea this is representative of good news we did see a boost in manufacturing. >> we did see a reduction in government employment. we did see, i mean, you know, there is positive stuff in there. my god you have to look so hard for it. and resist the overl number which is the last few months have been a very bad couple of months. and i think also people who felt they could be blaming these named winter storms for most of the problems. but the bureau of labor statistics said no yo can't do that this time around. maybe last month but not this month. i think maybe --
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the reason they were doing the survey duh durng the one week there happened to be a monumental blizzard. >> it not a snow job, i guess glue at least not in that respect. >> i think people will be waiting for th next months' number. other economic data point like retail sales next week. industrial production to see whether we get a conformation from the employment data or whether -- no, actually the economy is improving. we just -- are seeing it in fit and starts. >> it is much better economy than it was. except in one respect. at least one respect. that is we are seeing fewer jobs being created each month over the past three monhs. we're down from over 200,000 a monththe previous three months to this last period. whaare we going wait on here for validation of the idea this market is going move ainstead i want to ask you to define it as a bull market, a fair market. what is the likely trajectory.
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what will tell us what we need to know? >> well, i think it is a bull market. i think that for all of 2014, we will probably see prices up in the mid single dings similar to what we expect to see in earnings growth. last year we got the euphoria, the expectations maybe we'll see an improvement in gdp and earnings, and so we saw the evaluation masure. the pe ratio climb last year. well, this year is a showing year. okay you went up on anticipation now prove it. that was worth going up. so our belief is it is a volatile year most likely where we could see the decline even worse than what we already saw. but by the end, by the tend will probably be up. lou: all right. we'll take that, and hang along with everybody else. >> that's right. >> sam, thank you very much. the iphone turns out to be quite a bargain. no matter what you id for it.
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listen to this, a new analysis by tech policy daily did a projection after triple analysis and finds because of the advanced technology the iphone would have caused three and a half million dollars to produce back in 1991. that is the level 77 sophistication in the iphone. up next he drove druk. he killed four people. iured two others. but he's not going jail. leading attorneys on the law on t two -- too rich to know better defense. defense. next.
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. lou: 16-year-old ethan couch killed four people and severely injured two others in adrunken driving accident in texas last year. now after two trials and a much debated "affluenza" the flat until defense, he will not spend a day behind bars. former federal prosecutor doug burns is her with us and remi spencer. this is outrageous on any level. >> you don't need t be a lawyer to understand that this case is tragic and the outcome is incomprehensible. a couple of points that most viewers probably don't realize is that this is a juvenile and not an adult in the system works differently for juveniles. it is about rehabilitation as opposed to punishment. the headlines here have been about the "affluenza" defense.
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but there has been much of a case than that. keep in mind ts isis a record standard and not intentional. >> the affluenza" defense, others have set up a meeting. on the pshiatric point of view and then it is junk law. it's never going to be any nd of recognize defense. and she is right. the fact of the matter is that slightly skewed. >> a judge who made a bad decision. the but forget this, it's stupid. and i personally prefer this direct plainspoken language. the idea that this dickstein-year-old that age, he had a drivers license, does not? >> that is correct, he did. >> has been accepted by one standard into a highly was optimal position to which he
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should be held responsible. >> i agree. lou: does the lanot make sense to such equations? >> if you're an adult to make sense and he would be based on prson time. >> keep in mind you can get behind the wheel. but he did not intend to harm other people. the recklessness of his behavior negated incarceration. >> but that is too far. lou: the recklessness becomes a defense for irresponsible behavior? and i think the viewers want to understand how the recklessness which is a be and of itself, is a defense? >> it's not a efense but a mitigating factor as opposed to a juvenile who would take his
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car using it as a weapon purposely. >> i'm sorry to interrupt. it's more about a juvenile versus an adult. i can deal with that distinction. but if you run down a bunch of people, it is vehicular homicide. lou: let's turn to another case that has garnered a lot of attention. that is a judge refusing to set bail for the retired tampa police officer who got gunned down -- he gunned down a man in a movie theater because he threw popcorn. what in the world? >> bail is supposed to be whether or not you're going to appear in court. but they are taking into account how strong the proof is. they teach you the first week in criminal law, the response has to be commensurate wih the force of your presented with. this is going to be unfortunate.
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this guy has no chance of winning. lou: in a recorded interview to get to what doug is talking about, he told the authorities that as soon as i pull the trigger i said oh, shoot. and what in the world? >> it is a very strong case for the prosecution. that is a statement that the defendant made to the police immediately after the incident. his wife even rebuts his contention that he was hit by the victim which prompted the shooting and he is going to take a very large plea deal or go to trial those. lou: he cannot serve time.
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>> first and foremost, someone is listening in. they are being monitored for safety concerns including provisions for number of considerations. >> when the prosecutors can prove that someone killed someone, often they are like we are going to show that he did this in a coded conversation. lou: using code to communicate with those folks, it seems kind of we. >> the judge invited the prosecutors to come back at a later date. lou: we have a few seconds. you believe the prosecutors have a strong case. this is not as much of a slam dunk slamdunk as the prosecutors would like you to be.
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lou: thank you for being with us. we will see you on monday. have a great weekend and good ght from new york. ght from new york. ♪ life an everyday miracle of survival today the future of all life on earth hangs in the balance what hpens next depends on us ♪ well you done done me and you bet i felt it ♪ i tried to be chill but you're so hot that i melted ♪ i fell right through the cracks ♪ now i'm trying to get back ♪ before the cool done run out i'll be giving it my bestest ♪ and nothing's going to stop me but divine intervention ♪ i reckon it's again my turn ♪ to win some or learn some ♪ but i won't hesitate no more, no more ♪ it cannot wait, i'm yours
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♪ open up your mind and see like me ♪ open up your plans and damn you're free you'll find that the sky'snd yours ♪ so please don't, please don't, please don t ♪ there's no need to complicate ♪ cause our time is short ♪ this oh, this oh, this is our fate ♪ i'm yours
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report". gerri: today. a storm of protest after a seal baks study comments about to employees. what has people of raged? and another terrible jobs report. we brought down the biggest mistakes the diamonds are forever but when it is over who keeps the ri? we are watching it all for you on "the willis report." gerri:

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