tv Lou Dobbs Tonight FOX Business April 29, 2014 7:00pm-8:01pm EDT
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digitized pictures again, it could be risky. the loco. ♪ lou: good evening, everyone. nba mission or adam silver banning donald sterling from the nba for life. a swift and harsh ruling handed down to 72 hours after audio recording and racist rants became public. danny him from attending nba games or entering the clipper facilities or having any contact with players or employees and finding this longtime owner $2.5 million as well. the maximum fine under the
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owners constitution. >> effective immediately, i am damning mr. sterling for life for many associations with the clippers organization or the nba. he may not attend any nba games or practices and he may not be present at any clippers facility and he may not participate in any business or personal decision involving the team. he is also barred from attending the nba governors meeting or participating in any other activity. also finding him $2.4 million from the maximum amount allowed constitution. these funds will be donateed to organizations, dedicated to
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antidiscrimination and tolerance effort that will be selected by nba. and its players association. >> silver said he will do everything in his power to force donald sterling to sell his stake in los angeles clippers, according to nba constitution. to force sterling to sell the team, a team that sterling bought for $12 million in 1981. it has been valueed by some almost a billion today. here is an excerpt of racially charged comments that forced nba commissioner to ban sterling. >> people call you and tell you that i have black people on my instagram, this bothers you. >> it bothers me a lot, if you want to broadcast you are
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associateing with black people. yodo you have to. you don't have to have yourself with walking, with black people. lou: nba reaction after a decisive vote by the league, and reaction by the clippers team sponsors. as of this moment, 18 sponsors have either canceled or suspended their relationship with the team. including kia motors, mercedes, virgin america, state farm insurance, we'll be joined in moments by nba legend kareem abdul-jabbar. turning now to washington. new benghazi documents release leading to the white house. and those documents reveal a senior advisor to president obama prepared former u.n. ambassador saougs anne ric -- se
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sunday show appearances when she falsely blameed a internet video for the terrorist attack, a september 14 e-mail from ben rodes with subject line, prep call with suzanne, states that a goal for her national tv appearance was to quote, underscorerotests are rooted in a internet video, and not a broader failure of policy. the oh, mail was sent to a dozen members of the obama administration inner circle, including key members. our first guest, said it is clear each day, that obama administration treated our national security like a political campaign. joining us now, congressman brad win strup stprep member of housd services he served 234 iraq as a combat surgeon, congressman good
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to have you with us, have you listened to the testimony, you have looked at redacted documents, many we see in the clear today because of insistence of judicial watch that exerciseed its rights under freedom of information act. what is your reaction? >> well, that is in the american spirit to try to get to the truth, americans love honesty, they want to know the truth, it is disappointing. from that message, that email, what we got is that american people disingenuous at best, we know that general hamm and dempsey and panetta saying this was a terrorist attack from the get g and the nation was told something else, it is also playing with our national security, it is not fair to us as american people, not fair to those who serve, and not fair to
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those who gave their lives that kay. lou: rhodes e-mail is more significant. michael morell testified it was rice who linked video to the benghazi attack, morell said that video was not part of the cia, analysis. how do you square that up? how can that be squared up? >> well, i don't see how you can, it will take to us continue to persist too find out what happened there, is say void in knowing what actually happened that night, what was said, then what tran powered. it is -- transpireed it amazing that suzanne rice is later elevateed to national security advise oar, if be if we have soe in this position is sends that message out, we have issues to deal with.
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lou: you have a lot of issues to deal with, with this administration, american people want and deserve, let me under line deserve the truth from any administration. the congress has been i think relentless in the search for that truth for various committees. but at the same time uunsuccessfully, we have watched a stone wall of 18 months since that benghazi attack across a array of scandals whether irs targets or "fast and furious" or benghazi. the others as well. this dang has successfully -- administration has successfully told the congress of u.s. to go to hell, with a complacent media there does not seem to be a way to breakthrough that wall to the truth. >> a true perception, i was 12
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years old when wate watergate happened, i remember that republicans and democrats wanted to know the truth, so did the media, you know history very well. that was media driven to get to truth, and president nixon had ohadto resign. americans love the truth, we're seeing it a different time, we'll see how much play those e-mails get to other networks compared you to putting it out, when the story first broke about the testimony where general hamm said we called it a terrorist attack from the get go very few people from mainstream media talked about it, i don't think they did at ul. but i was on your show talking about it and other hosts on fox news, but that was it. lou: there is so much to have explained hire by -- here by this administration now it seems it is critical thereing an explanation to why there was
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that redaction in the comments. who made those decisions and why. and soepblgdly secondly, i wanto an issue that has just about everyone's blood boiling that is 40 veterans bye dying while waiting for -- veteran's dieed ed while waiting for treatment, what is being done, does someone need to go to jail. >> oh, i believe someone should, there is a lot to are said about the abuse of the system, you know this would never happen in a private enterprise. because you would be trying to do everything you could to get as many patients in and seen with quality care as you can. the va is not held to that standard uwe had a meeting, i said if you have been in private practice, where you t you had ty
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about customer service, getting things done on time, and taking square of people in a quality, timely fashion, not one ha had n in private practice, i can give you example, people in my specialty, might see 15 patients a day, in va is it 45 to 50. >> you talk about customer service it is patient care and respect for veterans, 40 of whom died because they were on a waiting list. a concealed wait time, record, at the va, somebody has to be held account an for this. >> we're out of time, but, very quickly, if you would. >> you know, one thing if they scared we have a problem we're not getting to all. the patients we need, di but thy
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did not do that. lou: congressman thank you we appreciate it ubrad win strep thank you so stkpwhr-fp yo so m. >> you bit, thank you. lou: more than uproar in house of representatives after house speaker john boehner mocked his republican colleagues last week, he seemed to delight in taking his colleagues to task over their reluctance to take up immigration legislation at his order, here is his turn just last week. >> here is the attitude -- oh, don't make me do this. oh, this is too hard. >> sometimes it is the leader who gets taken to the wood shed, here is the newly chastened speaker of the house today. >> no mocking. youal know me. -- you all know me, you tease
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the ones i love, but some people misunderstood. what i had to say, i'll make sure that members understood, biggest impediment we have in moving the immigration reform is that american people do not trust the president to enforce or implement the law that we may or may not pass. >> i wonder why he was not mocking the president if he is the problem? then he said the law we may or may not pass uas he acknowledged that president is not to be trusted and is not trusted. do you get feele feeling that sr bain are may still not quite get it. >> census bureau reports that homeownership fell to lowest level since 1995, share of americans who own their homes, stands at 64 mo 64.8% down from% in previous quarter, and job
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market, a new report from labor statistics shows that in 20% of families in this country, not a sickle, family -- single family member was employed last year. that is truly dis turning, we're coming right back stay with us. >> president obama, back from his week-long asian trip, his poll numbers at record lows, presidential possibility arkansas governor huckabee on our lame duck president and riz record 4 46 -- his record low-approval ratings, friday night, buddy.
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from severe weather from new york, michigan to florida, see high winds, hail or torn from the storm system that has already killed more than 30 people over last 2 days, mississippi and alabama, tens of thousands remain without power could see most severe weather. until this weekend, there had been no tornado deaths, making it the slowest and safest start to tornado season on record. >> president obama returning from asia to a lot of bad numbers, his administration is trying to focus on the mid sterpmidtermelections, the presb approval sinking to a new low 41% in latest washington post aches news poll -- aches news poll, 13 points below his staning at this time, in 2010. democrats taking a hit, 53% of voters now support a republican controlled congress, a counter balance to president's policies,
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39% supports democrats, here to talk about the political impact of it all former arkansas governor host of the huckabee show on fox news channel, mike huckabee, governor, great to have you with us, your reaction if we may, to these numbers s shows president underwater, he has as he has been for 8 months, but this is a new low in the washington post, abc news poll. >> well, it is a new low, i think indicative you talk about president's policies, real is what are his policies, they are, let's make a speech, maybe if i make a speech it will get better. no different when they mom has no way to ease our child's pain but says let me kiss it and make it better, when you are 5 years old you believe, that but when youure 50, you don't believe it any more. a lot of people don't ther belie this president is 5 -- can fix s
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with a speech. we've seen obamacare fail, and foreign policy fail, the economy is still sputtering, it is easy to understand why his poll numbers are in the toilet. lou: young people are desserts this president in amazing numbers, he dominated youth vote in two elections now, h they are now disillusioned with this government, and all who seem to be involveed in this administration. >> a lot of reason for that is because, they were promised that there would be a great new waive of highway patrol, and optimism, thing -- wave of hope and optimism, they took out huge loans to go to college, they got out of college, they cannot get a job, they live in their parent's basement, they kind even find minimum wage jobs.
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two years ago, 88% of the young people who graduateed from college, were planing on moves back into their parent's home, no body of guess to college to says i can't wait to spend 4 years in college to go back and move in with mom and dad. people are delaying purchaseing homes, getting married, having children, overall sort of cummulative effect on thats in the economy is stagerring. many of them saying i'm not going to vote, 23% of mill milleniols are plans to vote. lou: and immigration, we -- speaker boehner said he much not mocking his colleagues, he was just teaseing the ones he loves, sounding in some part like governor jeb bush. are you a little bit worryed that republican leadership could literally just trash the republican chances of retaking the senate where their brand of
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what they call leadership? >> you know, i heard a lot of republican leader wring their hands say have we do something this summer about immigration. but only thing worse than doing nothing is to do something, that the people don't surplus issue on the. people do not support blanket amnesty, if anything looks like they, they have just thrown away an incredible opportunity, people want border security, they want immigration reform but a reasonable responsible immigration reform where we make it a stream line process to be able to come hire, and do it legally, but not sort of look the other way as millions cross the borders, we have no idea who they are, why they're here. what they are doing when they get here. and whether they have a disease, those are things we have a right to worry bi cannot cross --
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worry bi cannot crosi about, i e border the other way say i would like health care, and drive a car without a license, americans have a real sense fairplay, they want impression reform but it has to be reasonable and responsible, i think that republicans are ready but not ready for am nifty. lou: governor mike huckabee. >> thank you, lou. lou: tune in to huckabee on news channel. >> a look at our on-line poll results from rafs from last nig. we asked whether they are campaigning for president's position on immigration reform. only 76% of you said yes. 23% of you said no. we'll be passing this along to the baptist convention to give them some sense of how well their position is playing. vote in our poll tonight, the
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question is, who do you believe is least trustworthy? john boehner? harry reid? or perhaps president obama? cast your vote at loudobbs.com, later a quotation of the moment for you, coming right up. >> a new study suggestions that camels are to blame for mrs virus on the - on the -- outbret middle east. they are looking for exposure to cam ilcamel milk or meat produc. >> nba bans clipper owner donald sterling for life, skp-l force will sale -- and will force the sale of his team, we're joined by nba legend, kareem abdul-jabbar.
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we'll discuss racism, the nba, basketball and life. next. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com
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tell yr doctor about all your medical conditions and medicines, and ask if your heart is healthenough for sex. do not take cialis if youtake , as it may cause an unsafe drop in blood pressure. do not drinklcohol in excess. side effects may include headac, upset stomach, delayed baache or muscle ache. to avoid long-term injury,gety if you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breaing or swallowing, op taking cialis and get mecal help right away. ask your doctor about cialis for daily use and a free 30-tablet trial. lou: on wall street, stocks moving high e, dow gaining 87
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points, s&p up 9, nazdaq up 29, crude oil rose 44 cents, and gold down $3. yield on 10 year, up to 2. 70%, twitter shares plungeing, reporting losses widened in first quarter. pfizer confirming bid for astrazeneca would allow them to move headquarters overseas and save company a billion dollars in taxes a year. are you kidding me? and 8 other u.s. publicly traded companyed have moved overseas in the last year following their mergers, anyone paying attention? joining us sam stoval, chief equity strengthist for s&p capital. your reaction to the idea u.s.
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multinational is just multinationals. >> it pushes forward, the agenda, the need to discuss a global tax rate that makes u.s. competitive globally. even though companies don't end up paying full 36%, that is stated -- lou: not even closer you kidding? talk about that rate. come on, sam. a 17% rate. that puts them in at the worst at the median internationally. and their failure to compete has nothing to do with the tax rate and everything to do with fact that companies, themselves, are making choices that are not effective in markets, they sent job overseas, they have offshoreed production, what the bloody hd ar hell are we supposo do? also maybe wipe their little noses.
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>> i get something to say? lou: now you do. >> good. companies will do what they need to do to get to the bottom line, if opportunities are already here they will stay here, there are greater opportunities for capitalistic growth here than overseas but if thigh can save money, really it is a discussion that needs to be had, we have 5 times amount of cash on books of company in s&p than 10 years ago, part is because they don't really have a good direction as to what kind of tax consequences there will be going forward should they reinvest the money domestically to build plants here. lou: why are we not having these discussions about why companies are -- it yo it if you will, stg their cash, and not investing it in had country future as well as their own. why is there so much timidty.
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it sounds like confusion. and frankly a little shall we say lack ofm i imaginein imagin. >> i think this companies are not places making decision that amortize get paid back over 20 years, if they then think that maybe two or throw year -- 3 yew that tax policy could change they want much more clarity. we had clarity on a personal level a couple of years ago, but it has been pretty much left undiscussed on a corporate level 992level. lou: clarity, the market itself? >> feeling better, at one points, consen consensus numbere calling for a 1. to% decline in earnings but we're up to 1.5% growth. lou: a little more? >> well i think management is doing a good job of manages
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expectations. we came to a . where it looked like it might end up being the weakest quarter in many. lou: our outlook now in. >> i think that we're still vulnerible to a decline of 10% or more, we have gone 31 months without a decline of such, average is 18 months, i don't think that corrections will be repealed, i think visitors should use this as a buying opportunity, i like to suggestion buy at the 5, 10, 15% decline thresholds, at to kwrurb portfolioyourportfolio not remo, we're likely to see a ramping up of economy growth and better earnings ahead. >> thank you, sam stoval. all philosophical bit but educational. >> my pleasure. lou: and listen to my financial reports three times a day coast-to-coast on the salem radio network for all of the day's biggest market and, news,
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now the quotation of the moment, many of us are disappointed on what passes for leadership in washington, and in, these days this offering tonight for folks who well, who have some thoughts about becoming great leaders or a good leader -- a good leader is a person who takes a little more than his share of the blame, and a little less than his share of the credit from. pastor john maxwell that is pretty good, we're coming right back. >> nba, bans clippers owner donald sterling for life, nba hall of fameer kareem abdul-jabbar will join us next, to put it in conditio in contexd attorneys lis wiehl, and mercedes col win on what will happen in court next.
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>> the engage bin for life for sterling taunted by our next guest kareem abdul-jabbar a legend and six time nba champion the all-time leading scorer and author of the new book entitled on dash untitled on the shoulders of giants great to have you with us. no one would rather talk with about this they you. first your reaction on sterling? >> i think the commissioner just a great job to figure out to do with this problem. we had indications of his character over a long period of time,b%u especially during the federal issues he had refusing to rent his
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properties to minorities or those with small children. that gives you the insight into his character and it took this incident for the league to have the opportunity to deal with him and he is an embarrassment to basketball and to himself for quite some time. lou: i said talking with the viewers of love for someone to expect -- explain to me why it took 33 seasons? no one knew this man's character or what he was? that is inexplicable. >> they knew about it but no one had the opportunity to deal with it or had the power to deal with it. he is a very wealthy person and he has teams of people
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in place lawyers, public relations to keep his image a certain way and certainly to deal with anybody that wants to contradict him or anything on the agenda. but this incident is where there was no scrutiny. if he was scrutinized all of the masks fell away and we see what this is really about. lou: there was a momentous i applauded is win kevin johnson's speaking for the players talking about the commissioner of the players as well that was a rare moment of solidarity or you do your competion a nice
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moment we see too few of between the owners and the players. >> the commissioner had the opportunity to stand up for all people of the country there is no place for people with this type of attitude not in public discourse. we don't want to hear that we are a lot better than bigotry and the whole denial of equal opportunity that mr. sterling and forces or epitomizes. lou: where do we go from people were under the impression that silver did not have the power to be an him for life. and now let looksáñ like he has to force the sale of the team. how complicated will the process be?
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>> i don't think it will be very long. but the owners in an aggregate have the power to ban somebody to force the sale of the team his seems to be detrimental to the game. they can do that. it is in the bylaws so three-quarters of the team orders have to support that tactic if they do it is on. it will happen. we are so glad. that someone has the power we cannot shut them up the first amendment guarantees the right to be big hits but we don't have to do with him in a position he makes the game look bad and the
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wonderful game of basketball book bad around the world given his attitudes and what he says. >> i listen to johnson which i thought was perfect calling for the all blacks leakey and odors and charles barkley a think he had a right when he called sterling a jackass but is headed overstatement when he says we are a black league? >> i think that'd sell little crazy. the nba has attracted athletes around the world. people in our league like from china or europe, africa , south
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america named the place it is talent and a meritocracy what america is all about. they gave of basketball epitomizes values ian.is open and available no matter what color your skin or where you come from. lou: a meritocracy. the last time we talked about your new book on the shoulders of giants now a movie king you tell us where you are with that? >> thank you. the naacp gave us the damage award because they thought it was something that told an important story. it relates to everything we go through. you can find out how black americans were involved in the efforts to integrate basketball the greatest team
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.com and you can get that information or hopefully we still have some books to sell. lou: we will move books and movies. i commend it to our audience highly. i love the book. it is great of you to be here. the greatest team.com. lou: we will put it up. thank you. up next servings litigious history suggest he will end up in court over the lifetime ban leading attorneys on what we should expect if he has a case peace of mind is important when you're running a successful business.
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is intransigent unwilling or word not willing to agree on a matter to be stubborn or obstinate. it be but you can think of of public life? joining us now is the "a team"zz&a great to have you here. mercedes? does sterling have a case now that he has been banned for life with a fine of 2.5 million dollars and passed to get rid of the team? >> he is bound by the contract that says he can be voted out by three-quarters of the owners all 29 are on board to say you are out we don't want you to be a part of the group soberly he has no grounds we do know he is very litigious he could say i don't care i care about my constitution and i told the
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team you cannot deprive me of my private property i completely agree with the bylaws but going forward i have heard the lawyers. >> they say no wage you waive your constitutional right the matter this circumstance. is this such a case? vivid this is what he will argue it could be tied up in the courts for years. >> but the due process he signed that way when he became the nba member bound by the agreement. lou: go to the gold digger this gets more interesting his estranged wife the lady who released the tapes because he was spending too much money on the young lady.
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>> it was a lot of money but she has come for her to say i want the money back it was a condo and every tree and to. >> he had to keepoup appearances. [laughter] she thinks it is a community property. >> there was no separation. >> the wife has a case. but the gold digger will say you divide up the marital assets at that point it does not apply. that is what i argue. >> everybody is entitled to a defense.
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lou: and the speaker said he was having fled when he mocked his republican colleagues as crybabies when asked to make tough choices with the issue of immigration but the speaker is best don't for crying at the drop bovet handkerchiefs no matter the location. the tough guy of last week has been replaced by a new version of the speaker who insist he was teasing or not mocking his colleagues when
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he criticized their reluctance to take on immigration legislation. here is the speaker today converted with a new explanation for his bad behavior. >> it was not mocking. you know, me. you tease though once you above but some people misunderstood what i had to say but the biggest impediment we have with the immigration reform the american people don't trust the president to enforce or implement the law thatwè3 we may or may not pass. lou: he says he was not mocking just show window love for the recalcitrant republican colleagues. the new interpretation did not include a apology but least he improved on the jeb bush description of illegal immigration as an act of love.
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the republicans are getting complicated. aren't they? but you may have noticed while he denies mocking his colleagues he did not explain why he was not blocking president obama it is time for a few of your comments we have a special surprise you will be receiving one of the first copies of my new book my first fiction thriller gm is an accomplished thriller writer in current florida state law enforcement officer that book will be big it starts on tuesday available on amazon online for pre-orders and it is a gift to all those comments
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are bad on the show. >> the small ball is so small he is not even in the majors. i guess the president is right when it comes to foreign policy. does the president even have a foreign policy doctrine? i thought he was worrying yet. perish the thought. we love to hear from you. e-mail me at lou@loudobbs.com follow us on twitter or go to our facebook page or links to everything found that lou dobbs.com. border war a free copy to bugs -- all whose thoughts are read of the show. join us tomorrow when we have judiciary year and budget committee member of the route verge conspiracy of amnesty going through
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