pizza! it's almost noon on the east coast. gregg: i'm getting hungry just thinking about it. jenna: you could have it as well. we're glad you're with us, everybody. i'm jenna lee. gregg: i'm gregg jarrett in for jon scott. "happening now", texas governor rick perry announcing his way of creating jobs. >> giving an a-- giving an address in a steel mill in pennsylvania. we're showing awe live shot of that as we take you into the newsroom now. gregg: for the first time since unveiling -- since entering the presidential race, he's unveiling this jobs plan. jenna: the key, energy. >> reporter: jenna, the governor just began speaking a few minutes ago, but as anticipated, he is talking about further development of energy here in the united states, specifically, in oil and natural gas sectors. but this is what he describes as all of the

above kind of energy strategy which he believes will end up creating something in the neighborhood, he says, of about 1.2 million jobs. governor perry says on top of this, that it is something that can be done by the next administration, his administration, within the first 100 days it could be launched and he would not need the assistance or, if you will, would not have to have the hinderance of congress in doing that. he says if there were sufficient releases of regulation and that leases of federal land, federal waters, or loose ended up, that it would spur energy development here in this particular country, and develop a heck of a lot of jobs on top of that. p.y has been under fire, if you will, or at least the heat is on him, if you will, to further explain his economic plan. a lot of his republican rivals in this particular race have been nudging him to come forward with his own plan, and you could even say this is the first pillar of that particular plan. the governor says that later on, he will be unveiling a

more comprehensive plan which covers not just energy, but various other segments of federal policy as well. jenna. jenna: speaking of regulation, how did the governor out of wearing the hard helmet? he's the only one! steve, you're blending in very well with the audience there! >> thank you! the texas governor, i assume, has privileges that those of us in the media may not have! jenna: we appreciate the report. we'll bring our audience any headlines as the governor continues to speak in that steel mill. steve brown, thank you very much. gregg: fox news is america's election headquarters and herman cain is just the latest republican presidential candidate to see a pretty big surge in the poll this is year, and some say that's a reflection on mitt romney, the guy on the right there, the former massachusetts governor, so far, unable to lock up the gop vote, as republicans are looking still for other options. bob cusack is managing editor of the hill and joins us now. you know what, bob, rick perry is fond of saying hey,

i've only finish the race for a few weeks and mitt romney has been running the better part of five or six years. there is a valid point to that, because people are familiar with mitt romney, his views have been well vetted, so why is it that he hasn't been able to lock it up? why is it the gop is not terribly fond of romney? >> well, there's just a faction of the base, including in the tea party, that is very reluctant about mitt romney because he has changed his position on abortion, he had so-called romneycare in massachusetts. i think he's done well in the debates dealing with those issues, but when you have youtube clips of what he said in the senate race, being pro choice and now he's pro life, that doesn't sit well with the conservative movement, so they're looking for others, but the race is shaping up fairly nicely for mitt romney, but still, there are still some people in the republican party looking for something else. gregg: john potter had a column in the new york post today and he cited a couple of reasons, and one of them,

he says some of the gop kind of think that mitt romney is a phone yevment maybe that's because of, as he puts it, the flipflop on various issues, then he said something else that sort of caught our eye. and he said people can't really emotionally connect, at least as yet, with mitt romney, in fact, he called them the scotchguard candidate. not really warm and fuzzy, and not as likable as, let's say, the effusive herman cain. >> that's right. i mean, retail politics is not a thing for mitt romney, policy is. he's not going to be tripped up in debates on various policy stuff because he has been running for president so long and he has experience as a businessman, but on the campaign trail, it's very important n. iowa and new hampshire, two states he did not win in 2008, that's not his strength, warm and fuzzy is just not romney's style and maybe trying to fake it is the wrong move, and i don't necessarily think he's faking it, but i think he's banking that listen, the base doesn't like president

obama, and fe gets in a matchup, he can win, a lot of people still think herman can't go toe to toe with obama. gregg: you know what, if christie goes on the campaign trail with romney, maybe he humanizes romney a little bit. >> yes. gregg: but look, you brought up herman cain, and the latest poll, rasmussen has him tied with romney and the "wall street journal" poll a few days ago has her main cain actually leading romney by four percentage points which invites the question, how much longer can mitt romney largely ignore the herman ator? >> not much longer. the question is can her main cain stand up to the scrutiny. we saw with michele bachmann and rick perry recently that when the spotlight was on them, they didn't shine. same thing with pawlenty who's now out of the race. can cain withstand the attacks he's going to get? he doesn't have a lot of foreign policy experience, his 999 plan is getting hit by the left, including gordon norquist of the american tax reform. so the knives are going to

be out for her main cain and romney has to go after. he certainly has enjoyed cain's rise because it's led to perry's downfall. gregg: bob, thank you. have a great weekend,. >> you too. jenna: a park occupied by wall street protestors has planned cleanup today. demonstrators say the cleanup is a way to get rid of them and they'll disobey orders to make room for the cleaning crews. in seattle, police ended up arresting ten occupy seattle demonstrators for refusing to leave a tent in a downtown park. the protestors planning even bigger demonstrations now after this event. david lee miller is live from dukaty park in lower manhattan where he's watching the latest from there. david lee. >> reporter: jenna, it was a very tense morning, up until 6:00 this morning, that's when the park claimed there would be no evacuation

necessary. you can see zakati park, there are hundreds and hundreds of people in that park. let me give you m context of where the park is in relationship to wall street. let's pan over down the street here, that is actually where wall street is located, three blocks to the south of this location, after the decision was made not to clean the park, a number of the demonstrators emboldened decided to march up broadway, a handful of them, though, did try to jump over the barriers. we've got videotape of this. you can see some of the arrests. a number of the demonstrators did try to jump over the barriers and enter wall street. they were taken into custody. but we're only talking about a handful of arrests here, not the mass arrests that many had feared could result if, in fact, there was a confrontation, if they were forcibly evacuated from the park. as for the demonstrators at this hour, many say that they still have plans in their words to clean up wall street. many say they would still like to occupy the area outside the stock exchange. listen now to what one of the protestors had to say earlier?

>> we're ready to go to wall street, clean it up. the problem is, they won't let us into wall street. >> i think that this movement is -- it doesn't just depend upon the territorial integrity of this plaza. the reality is we've got to grow into the outer boroughs we've grown from tanzania to the small towns in arkansas. >> as for the cleanup itself, the company says that it essentially caved in to pressure from politicians who called them -- this is a privately owned park, although they have to provide public access, they caved into pressure from politicians who said it would be a mistake to forcibly evacuate the demonstrators in order to have a cleanup of the park, but that is still a possibility that could take place in the next few days. jenna. jenna: david lee, we've seen this for a month now, we've seen this on wall street, we've seen movement here and there across the brooklyn bridge or as you mentioned, trying to get in front of the stock exchange. what's next for this group?

>> reporter: this particular group is now saying that on saturday, they are going to march to the headquarters of chase manhattan bank, they're also going to have a mass rally in new new york's times square, and the occupy movement, occupy wall street, this is morphing into something much bigger, calling themselves the organization united for global change. they are now claiming that they're going to have demonstrations in 591 cities, in 82 countries. some of those countries, england, germany, spain, italy. it remains to be seen just how much of an international force they are going to be reckoned with, but they have gained traction today, here in new york city, getting the owner of this park to do an about face and say that the cleanup operations at least for now is going to be postponed. jenna. jenna: david lee miller with the latest, thank you. gregg: jenna, we're keeping an eye on capitol hill, because right now a hearing is underway, the house foreign affairs committee is

looking at iran and syria, as we learn more about this guy, the u.s. citizen accused in a plot to assassinate the saudi ambassador to the u.s. and also a grim milestone in syria, human rights groups saying 3000 people have now been killed in that violent uprising against al assad's government, forces shot six protestors to death. catherine herridge has more. >> reporter: the key development this morning comes from the chair of the house intelligence committee mike roges who says two wire transfers are the strongest evidence suggesting the assassination plot sent to senior iranian fishes, they said the transfer of money was incredibly important, it was the first soc act to put this operation in motion and makes clear the involvement of the kurds force. we have a series of hearings on the hill, one is house hearings investigating syria

and iran, those two nations referred to as pariah nations because they have a history of promoting terrorist activity. both republicans and democrats are calling for debilitating sanctions against iran. >> let's be clear, sanctions have to hurt. if they don't hurt, they're not effective. the goal is not for us to pat ourselves on the back and issue press releases here. it's to inflict crippling economic pain over there. >> reporter: the context on the sanctions issue what is discussed privately in washington is that the u.s. does virtually no business with iran and must rely on other nation toss limit or cut off their trade. china and russia do the most business with ter ran on energy issues and would be really in the best position to put pressure on iran and its nuclear program, but doing so would require strom arming or punishing chinese businesses and that clearly anger moscow and beijing which is something the white house hopes to avoid, gregg. gregg: catherine herridge, thank you. jenna: another story in d.c.

today, explosive new developments in the seoul rained scandal, new documents about the government loan to this failing solar company are going public today. there's a hearing underway right now on capitol hill, what they reveal, these documents, and a live report straight ahead. gregg and a plot against a during cartel, operating inside the united states, next.

jenna: welcome back, everyone. we're getting incredible new video on a massive bust in arizona, and rick has more about why this is so significant. rick. >> reporter: this is a drug deal, a drug ring, and it's a pretty big bust, because it was actually six different warrants that were all served simultaneously in six different locations in arizona. take a look at this video, because we've just gotten this in, in casa ground, at

least 17 suspected drug smugglers arrested in this, and in the end, officials from ice, the immigration customs enforcement agency, working along with local sheriffs' deputies, seizing 935 pounds of marijuana, 12 weapon, a thousand rounds of ammo, 35 grand in cash. the suspects are likely to be arraigned today, in fact, some of them already have been arraigned. we'll know more as the day progresses. wee take a look at these picture the, this was all part six -- part of an effort to break up the casa ground drug ring which apparently smuggles in about 50,000 pounds of pot each month, bringing that into the state. as we learn more, jenna, we'll pass it on to you. jenna: wow, 50,000 pounds. pretty unbelievable. rick, thank you very much. gregg: iran and syria, the state department lists them as state sponsors of terror. but we've been telling but this alleged plot uncovered this week, united states saying iran planned to kill the saudi ambassador on

american soil, maybe ploa up a couple of embassies, and of course the iranians continuing to pursue their rogue nuclear program. meanwhile in syria, bashar al assad's repressive government continues to crack down on the protestors, human rights groups say syrian forces killed 3000 people there this year. right now, on capitol hill, there is a hearing going on, dealing with just how the united states should respond to the twin threat posed by these two nations. here's house foreign affairs committee chair elena rothleiten pressing the obama administration on how to respond. >> let me be blunt, this plan, murder for hire, must serve as wake up call regarding the determination and capability of thean regime. if the regime feels secure enough in planning a u.s.-based attack now, imagine how much more blait nt its aggression will be if it had nuclear weapons. >> reporter: waleed faris is fox news' middle east and terrorism analyst, author of "the coming revolution,

struggle for freedom in the middle east" and in the interest of full disclosure, mr. faris is an adviser to the mitt romney campaign. good to see you. the united states does virtually no business with iran, so a unilateral action wouldn't achieve very much, it mings you -- means you have to bring european allies and russia and china on board with any meaningful sanctions, but the russians and chinese have never done it before, they're unlikely to do it again, already, they're expressing deep skepticism about this alleged plot. so in the end, won't any effort at serious sanctions prove futile? >> at the end of the day, first of all, we should begin with disclosing information about the iranian plot, take it to the security council, and the security council, even though russians and chinese may not be with us in additional important sanctions, at least they won't be against us. the second, most importantly, gregg, here, is that the game changers in iran are not going to be

additional sanctions. they are kneed but the game changer is going to to be partner with the opposition, to create the conditions for anan spring. that's the long term effort that we have. gregg: how do they do that? >> remember in june 2009, there were 1.5 million people in the revolution already on the streets of iran. we don't need to create it, it was there. we missed the opportunity. we hope not to miss it in the future. gregg one of the options that has been mentioned by the administration and those on capitol hill is to somehow target iran's central bank, to try to isolate it, which would really hurt the iranian economy. but that bank is deeply entangled with many countries and many different business entities throughout the world. so how effective do you think that really would be? >> well, the new element now in the equation is that the saudis have been targeted, and the friends of the saudis and the gulf, all these very important fbl force, they need to come and help us in mope liesing,

they have business partnerships with many of those trading with iran. so it's not going to be either america or iran. it's going to be part of the international community or iran. that will create a different equation. gregg: the ruthless syrian forces have killed reportedly 3000 of its own people. always hard to verify these things. they don't let journalists in there. but we have seen some of the images of violence there, smuggled out. what do we do about syria? >> first of all, we have to recognize what's happening in syria. it's horrific. there is an unarmed opposition which is very courageous, and they have victims every day by the dozens. you're right, it's 30,000 at this point in time. it may -- it's 3000 at this point in time. it may go higher than that. the syrian regime is backed by the iranian regime and hezbollah. so putting pressure on iran will convince them to lessen its pressure on its own people but again, it has to go through the security council, it has to be

negotiated with the russian and chinese and there's an important player, turkey, so the turkish government can do a lot if we convince them they are the ones who should begin that pressure. gregg: you have suggested that in iran, we help the people there overthrow its government. what about helping the indigenous population of syria, what can we do, can we do anything? >> absolutely, the youreans, and we are on that direction as well, we have recognized the council of syria. what we need to do is start to give them visibility, support. the syrian opposition is serious about uprising and we need to support them in that. gregg: waleed faris, thank you. jenna: presidential candidate herman cain, getting a lot of credit for that 999 plan, but he has a summer economic adviser, a key player in this plan, his name is rich lowry and he's joining us next. plus it's been 30 years since serial killer john wayne deacy lured young men

to his home and murdered them. eight victims have never, ever been identified. now there's hope for answers in a decades-old murder mystery. dr. baden joins us ahead on that.

gregg: welcome back to "happening now". here in acquisitionings, following several stories with remote cameras, lower manhattan, zucotti park, the standoff between occupy wall street protestors has been diffused, they will not be kicked out, at least not today. take a look at remote camera 264, a couple of hearings there, this one dealing with iran and syria, tough new sanctions being proposed. and way over here, camera 266 is yet another hearing on capitol hill, this one dealing with seoul rained, new white house e-mails

suggest the administration was deeply worried about the legality of restructuring that solyndra loan, taxpayer money. we'll continue to follow these stories, jenna. jenna: we've been hearing a lot about herman cain's 999 economic plan, the republican presidential candidate saying the way to turn around the economy is to implement a 9 percent federal income tax across the board, 9 percent tax on all businesses and 9 percent national sales tax on everything we buy. herman cain gave our next guest credit, partial credit i should say for coming up with the plan. he says a whole bunch of advisers but rich lowry is the one he named in the debate over the weekend. he's a senior adviser to the campaign and he's here with us now. nice to have you with us, rich. >> good morning, glad to be here. jenna: tell us about how you and herman cain have been together, have you been friends a long time, what's

the nature of your relationship? >> we first crossed paths at a club for growth conference in 2004, and i was so impressed with him then that i just knew that he was going places. so i not only followed his senate race, but i kept tabs with his radio show that he did after. i would log on and get transcripts of the show and read his weekly commentary and the more i got to know him, the more i knew that we were aligned in terms of progrowth economics, which is what my interest is, and then through other involvement i've had, i eventually became friends with the guy who is now his chief of staff, mark block, and a year before mr. cain announced, i got a call from mr. block, saying you're not going to believe this but cain is going to run for president, and i'm going to be his chief of staff, and i knew then that he was going to make a difference, and he was going to shake things up, and i -- >> jenna: so did you actually write this plan? did you come up with it, hearing that he was going to make a run for president?

were you the creator of this 999 plan, even if its first form? >> well, we had some informal dialogue back and forth where mark block would say to me that what do you think about this issue, what do you think about this issue, knowing that i have a network of some of the most well known economists in the country, and just an informal dialogue, led to why don't you interview for economic adviser, which then led to becoming the economic adviser. jenna: let's pick it up from there. with the 999 plan, why 999 and not # 88 or ten, ten, ten? what's so special about the number nine? >> that kind of came in when all of the -- all was said and done. the marching orders from mr. cain is that it's got to be consistent with the three economic guiding principles, production drives the economy, not consumption, risk taking drives growth, and that measurements have to be dependable, the dollar has to be a dollar the way an hour is always 60 minutes, then he said i want

something simple, transparent, efficient, fair, and newtra. i want to tax everything once but nothing twice, and those kind of formed the borders of the puzzle, and then it was a matter of just kind of putting the rest together. and certainly, we borrowed heavily from concepts behind the flat tax, andle the fair tax, and you know, you can see how this is emerging -- a merging of the two. and once we carved out a significant amount from those three tax bases to set aside for empowerment zones, then we -- >> jenna: but stop there, i'm sorry, sorry to interrupt but empowerment zone is a new phrase we've heard about this -- with this plan and i understand we'll get new details about what exactly an empowerment zone is over the next several weeks. just background, of course, there's been criticism of this plan because some say it affects the lower and middle income classes way more than the upper class and i've seen you interviewed, saying these empowerment zones will help maybe provide perspective on how the lower income classes

will not be as affected as some would suggest. can you give us some more insight on what these empowerment zones are and why that's important for this plan? >> sure. first of all it kind of shows who's willing to make a knee jerk reaction and comments about how this is going to affect people until they really have all the facts. we haven't rolled out empowerment zones, we will at the end of the month, it's been mentioned all along, and here's the issue with empowerment zones. if you look at net spendable cash flow of let's say a single mom who has a couple of kids who's trying to work her way up. as the earnings grow, means-tested benefits start to get reduced and if you treat that effect as you would a marginal tax, someone like that might face a marginal tax rate as high as 70 percent, so while others look to the affluent suburbs and say that's where we have high manage natural rates, we focus on the inner 12eu -- inner city and it requires dealing with that separately, so the first thing you have to do is get the whole economy moving, and you can't have a credible growth plan until

you do that, and then separately, have a separate solution for the inner city. jenna: will you come back on the show, sir? i'm going to have to go to commercial and i might need a chalk board to go over this! i'm not a tax person. but we'd love for you to come back to talk about the empowerment zones and factually -- exactly what they are and how they affect key parts of our country. real quick, only 30 seconds, is your plan to assume a certain level of employment to be fully functioning? so are you way the plan is going to work? >> well, what will happen economically is the economy will expand by $2 trillion, six million jobs are going to be created brepging the up employment -- bringing the unemployment rate back town -- down to a more typical rate. waging are going to go up by 10%, so there's -- jenna: so that's, that's what you're assuming will happen with the plan. all right, we'd love to have you

back. >> that was gary robbins' independent analysis, not ours. jenna: okay, we'll take a look at that, maybe having grey on as well. we'll be right back with more "happening now." my name is jill strange, i'm forty-nine years-old, i love gardening, and i love volleyball. i've been taking osteo bi-flex for several years now. i really can't see myself not taking it. osteo bi-flex is a great product. i can go back and do gardening with comfort. [ male announcer ] osteo bi-flex, the glucosamine chondroitin supplement with 5-loxin advanced. shows improvement

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gregg: we are awaiting a news conference now on the massacre at a southern california hair salon. a close-knit community mourning eight people who were gunned down in a hail of bullets. rick folbaum with the latest.

>> reporter: this is a quiet beach town, and the folks there are still reeling. hundreds of people turned out last night for a candle light vigil and prayer service. you can see they came out to honor those who were killed wednesday in that mass shooting at a local beauty salon. police have arrested scott decry, charging him with killing eight people including decry's ex-wife who worked at the salon. there are not a lot of people in this town, a small community as we said, and so pretty much everyone knew someone who was killed. >> it's very sad. >> my son goes to school with one of the daughters, and she plays soccer with this girl, and it just breaks my heart. this doesn't happen here. >> we're all affected. every person here knows somebody. >> reporter: it has been reported that the shooter and his ex-wife were involved in a bitter custody battle over their son with the most recent court hearing taking place just the day before the shootings on

tuesday. decry is described as a man whose personality changed dramatically after he was involved in a boating accident in which a co-worker of his was killed, and he was seriously injured. he will officially be arraigned in a courtroom later on this afternoon. back to you. gregg: what a sad story. rick folbaum, thanks. jenna: well, some new efforts underway to identify the bodies of eight people murdered three decades ago. some of the victims of serial killer john wayne gacy buried under a home in chicago in the 1970s, and their remains have been exhumed by detectives who want to use dna testing to identify them now. dr. michael baden is a forensic pathologist, a fox news contributor. doctor, you remember this case well. tell us a little bit about your experience with the investigation of this murderer. >> well, my experience had to do with the fact that i was then, at that time -- '78-'79 -- chief medical examiner in new york city, and bob stein who was the

chief medical examiner in chicago used to consult with me on various cases. and we spent a lot of time discussing the exhumations as they went along and how he was handling it. i didn't go to the scene, i didn't go to the office, but we discussed it a great deal on the telephone. it was quite a case in those days and still is, apparently. jenna: so why now? why now revisit this case, do you think? >> well, i think the revisiting is stimulated by one of the moms of the son of the children, of the teenager who was identified back in 1979, one of the 33 deaths. and the mother had some question as to whether or not the identification was accurate because in those days, how we've changed, in those days it was before dna, and the only means of identifying these 33 decomposing bodies was by dental examination, comparing dental records.

and 25 bodies were identified that way. the, the mom thinks that maybe they made a mistake on her son, and in the course of going over this, the sheriff and detectives thought that it was a good idea now to use modern dna technology to see if other eight unidentified bodies could be identified. jenna: in your experience, dr. badden, if i could, in many your experience how often do mistakes get made when bodies are identified using dental records? >> occasionally it happens. there have been a number of cases where there have been dental records misinterpreted, but chicago at that time and today has very excellent forensic dentists, dentists who specialize in identifying desee departments by their teeth -- decedents by their teeth. and i would assume that the identification by dental records back in 1979 was an accurate one. but if the family has any

concerns, then it's very easy to check it out today. jenna: and, again, maybe resolution for those eight unidentified bodies as well. we'll continue to follow this, doctor, thanks for your expertise. >> thank you. gregg: fascinating case. breaking news on an israeli soldier held prisoner for five long years, taken hostage when he was only 19 years old. a massive prisoner swap in the works to free him. new information on e lad shalit coming up. and did the white house break the law dealing with solyndra? did they suspect they might be breaking the law? well, there's a hearing on capitol hill. we're live with the very latest on "happening now." an accident doesn't have to slow you down. with better car replacement, if your car is totaled, we give you the money for a car one model year newer. liberty mutual auto insurance.

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gregg: some developing stories we're keeping a close eye on here in the newsroom and from our control room. a senior israeli official saying that captured soldier gilad

shalit will be coming home tuesday, at the same time israel releasing the first of more than a thousand prisoners. jon huntsman saying nevada unfairly shifted the date of its presidential caucuses. huntsman joining newt gingrich, rick santorum and michele bachmann in the boycott. bangkok residents being reassured the capital should largely escape the flooding that has swamped nearly a third of the country. jenna: back at home now, a house subcommittee is holding a hearing on capitol hill looking into whether or not the department of energy broke the law when it authorized a restructured loan to the failing energy company solyndra. rich edson is with the fox business network, and he's joining us live from capitol hill. rich? >> reporter: hey, jenna. this all dates back to february of this year. solyndra was in trouble, it needed more private investment, and the government signed off on an arrangement that would allow

private investors to come in and in case the company went bankrupt, those private investors would be paid back followed largely by federal taxpayers. the department of energy signed off on this loan, and e-mails obtained by the fox business network show that in the treasury department there was some concern that perhaps that arrangement was illegal or broke federal law. and republicans on this committee say that is the case. democrats on this committee say this entire hearing is just a political show. take a listen. >> what the latest round of e-mails show is that senior officials within the obama administration had significant concerns about its legal basis, and those concerns were simply ignored. >> this agenda may be good for the oil companies, it may be good for the coal companies, but it is terrible for the american people and our economy. this hearing is supposed to be about whether the department of energy had legal authority to subordinate the government's loans to solyndra.

>> reporter: now, jenna, we're going to hear an awful lot more about solyndra here on capitol hill. this panel says it wants to invite energy secretary steven chu to come up and testify regarding solyndra. there is also another congressional panel, another committee, the house oversight and government reform committee and its chairman, darrell issa, they say they are now looking lg into solyndra. jenna: rich, thank you. gregg: for more on what this could mean for the president, paul gigot is the host of "the journal editorial report" right here on the fox news channel. always great to see you. >> likewise. gregg: so the lawyers are going to have to sort out whether or not it was a violation of the law to subordinate the loan, but the white house clearly was worried about it. the e-mails show that. this evidence is, perhaps, a growing problem for the administration. how much does this hurt the president be's re-election chances, if at all? >> well, i think it can hurt if it becomes a larger metaphor for the obama economic policy.

you know, they promised all these green jobs, they use these loans to private interests, 40 billion, i think, in this energy department program, and they've got, what, 4,000 jobs, $10 million per job to show for it? so the to the extent this dominates the discussion with no jobs to show for it, i think it's a big problem. gregg: even maxine waters and emanuel cleaver, two pretty important democrats on capitol hill, have called the president's signature green initiative a failure. there's yet another company out in california that's got similar problems. >> i think you're seeing, you're going to see a lot of problems with companies that got into this solar business and got taxpayer loans and aren't doing well because it's a very tough business. the technology, there's a lot of competition from china and elsewhere, and the government was handing out these loans quite liberally. and be they go, if they don't succeed, then the taxpayers pick up the tab. if they do succeed, the

companies get the gain. the private investors get the gain. you know, that's an unfair proposition in the mind of a lot of americans. gregg: let's talk about another big story, your "wall street journal" poll that came out a few days ago has herman cain vaulting to the lead over mitt romney. a new rasmussen poll out today showing them tied. >> remarkable. gregg: it is remarkable. but what's -- juxtapose that, those great numbers for herman cain -- >> right. gregg: -- with what he's got in the bank. he has almost no fundraising. sure, there's been a little bit of an uptick, but he's got no money, no organization. >> that's right, that's his big challenge. he's been able to use the dominant theme, currency of this election season so far which has been the debates, right? to vault into the public mind, to people saying, you know what? he could be president. but now he's got to show that he's got the staying power. for example, in if iowa, to get those people to caucuses, you ye got to have buses, volunteers,

money to pay for all of that. does he have enough money to get people to the caucuses and beat mitt romney there? what about the organizations in new hampshire? i don't want even get e-mails from them. i get 15 a day from the romney campaign. gregg: oh, i do too. >> so organization matters, playly for the long haul. gregg: times running out, especially if one of the primaries moves up to december 6th, new hampshire. we'll wait and see. paul gigot, always great to see you. tune in tomorrow, 2 p.m. eastern time right here on the fox news channel. don't miss paul's take on everything going on in washington. jenna: a new warning, why the government says air traffic controllers are making more mistakes and runway mishaps are way up. plus, a big scare at an air show. a fighter jet going down. how the pilot escaped. wait until you see this video, next. almost tastes like one of jack's als. fiber one. h, forgot jack cereal.

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jenna: a fox news alert, want to keep you up-to-date with what's happening for this missing, well, the search for this missing baby, baby lisa irwin. what you're seeing on your screen to the left is a live shot outside of her home. we're expecting to hear from a private investigator who's been working as an adviser to the family in just a short few minutes. we don't know if family's going to be speaking, but it's been more than a week since that little girl on your screen has just gone missing, almost without a trace. and at this point it seems that police are in a bit of a dead end. we're waiting to hear any news out of kansas city, and we're waiting to hear from this private investigator that's working with the family. when he steps to the microphone or the family does, we'll bring that to you live. gregg: and a fox news weather alert. take a look at this amazing video of mother nature's might.

this is virginia. amateur videotape of a tornado in charles city county. emergency responders saying the twister cut a six-mile path damaging about a dozen homes, the roof of an elementary school. in virginia's luis saw county, a tornado severely damaging an 18th century plantation home. there you see the tin roof ripped off. some of the debris thrown as far as a football field away. wow. jenna: turning, now, to international news, we just have some new images crossing our desk right behind me. this is a live look, if we can bring that up, of the skyline in sert where soldiers are zeroing in this on pockets formerly loyal to gadhafi. >> reporter: yes, revolutionary fighters seem to want to pulverize these gaffety follow -- gadhafi followers in a

little part of sert. we watched as they were hoisting artillery onto the tops of residential buildings. now, gadhafi's followers are controlling only about a half a mile square in the, right in the middle of the town, but they are putting up a fierce resistance. they've held out, now, for over a month, and that is why they've changed tactics at this time, because the revolutionary fighters have been pushing on with frontal attacks, but they've been taking heavy casualties. we also witnessed a steady stream of ambulances pouring out of the center of the town after it seems one of the stray shells from one of their own fighters hit some of their own fighters because they've been so keen to push on, and they went into a building too near the center of town, and we understand nine of them were seriously injured. now, there has been rumors that one of gadhafi's sons may still be in the town, there was rumors, unfounded, that he had been captured yesterday. but we do understand that

gadhafi himself is not there. there's an understanding that he's still deep in the desert, and he's not fighting in his hometown. back to you, jenna. jenna: a good reminder that fighting is still going on. david, thank you very much. gregg: and we're getting some new information on the desperate search now for baby lisa, the 11-month-old girl missing for almost two weeks now in kansas city. judge jeanine pirro and geraldo rivera weighing in next. and a teenager paralyzed in an accident now living life in the fast lane, hoping to race in the indy 500, his remarkable story coming up.

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affiliate getting ready to do a live report. this is the scene in new york city where the protesters have been out downtown on wall street for about three weeks or so. there was talk of them being cleared out of the park, those plans put off. things going pretty smoothly. there have been some reports of clashes with the police. and finally, this is a reporter from one of our local stations down in tennessee as they get ready to hear from herman cain, the republican presidential nominee is rolling out his big bus tour today with a stop in a town called bartlett, tennessee. we'll have a lot more for you, the second hour of "happening now" starts right now. gregg: and welcome back to a new hour. an alarming new report raising some pretty serious question about safety in our skies. brand new hour of "happening now," hi, i'm gregg jarrett in for jon scott. jenna: hi, everybody, i'm jenna lee. the government accountability

office saying air traffic controllers are making more mistakes these days. also near misses on the runway are up as well. doug mckelway is live at reagan international airport with more. doug? >> reporter: jenna, this report either suggests one of two things and perhaps a little bit of both. either runway and air safety has gotten a lot worse over the last three years, or that the reporting of incursions has gotten a lot better. take your pick. here's the gao report in a nutshell. operational errors almost doubled, up 97%. errors in the distance from the airport to about 30 miles out, more than doubled, up 166%. errors in tower environment up 53%, and the rate of most severe airborne operational errors doubled. it brings to mind a number of recent incidents, including one in april at jfk airport where the double-decker jumbo jet taxtying at a high rate of speed

clipped the tail of a much smaller yet literally lifting it off the ground and realigning it on the tarmac by about 45 degrees. the faa must continue to address this safety issue. we've also requested the department of transportation inspector general to examine runway safety issues and report back to congress. mica as this also reflects a failure of congress to pass a long-term extension of the faa reauthorization. they've had something like 27 extensions over the past several years. a long-term extension would include funding for next generation air traffic control which would allow air traffic controllers to keep track of airplanes no matter where they are at all times. also a statement today in which it is said this may be a reflection of reporting. they cite specifically the air traffic safety action program which allows air traffic controllers to report incidents without fear of retribution.

they say reporting has gone up over that time. and they say lastly here that air safety and air traffic control in the united states is the absolute safest in the world if that gives you any comfort, jenna, take it with you. jenna: i'll take it where we can get it. doug, thank you very much. doug mckelway, reagan airport today. gregg: new york city's mayor speaking out now on the occupy wall street protests. mayor michael bloomberg slamming some anonymous elected officials saying those lawmakers forced a real estate company to back down, postpone plans to clean the park where demonstrators have been camped out. fox business network's ashley webster is live in new york city. so, ashley, what happened here? >> reporter: yeah, well, gregg, that decision by brookfield properties, the company that owns this park here this lower manhattan just a few blocks from wall street, they have planned to clean this plaza area starting at 7 a.m. this morning. that moment the protesters here

would have to move out, but they were told they could move back in, but not with all their tents and sleeping bags. so we had a tense this morning leading up to that 7:00 hour. but about 6 a.m. this morning a huge roar went out among the protesters here when they learned that the company in charge had decided not to go ahead with the cleaning. but as you say, the message from mayor bloomberg today, new york mayor bloomberg, he seemed a little ticked. he said broomfield had had a lot of calls from elected officials siding with protesters. he also said his own staff is under strict orders motto pressure brookfield one way or the other. he also says the company can go ahead with the cleanup anytime it wants to. he was saying there was pressure from elected officials saying don't go ahead with that cleanup. and i have to say, gregg, we've been here since about 4:30 this morning. right around 6 a.m. there was certainly a lot of tension in the air. i think the protesters were

prepared to stand their ground, and certainly if they did give up their ground, they were going to bring their tents and sleeping bags back in. but that, for now, has been averted. we did have some arrests earlier today when some groups of people from here went down to the new york stock exchange. a few were arrested. eventually, police managed to seal off the area around wall street itself. so things have really returned to as they have been for many weeks here. the question remains, though, and there are many protesters who believe, they believe that the police are making plans to eventually bring this to an end and move them out. and, they say, they're not going to let that happen, gregg? gregg: ashley webster live in if lower manhattan, thanks very much. >> reporter: thank you. jenna: new information on another one of our top stories, the search for baby lisa irwin. >> she, of course, was reported missing early last week, and now she's still missing. police say they have no suspects, they have no leads, they just researched a large

wooded area near the child's home, and we're expecting maybe to hear from the family any moment now as we have a live look outside of their home as well. we'll, of course, bring that to you when and if they step outside. joining us now, judge jeanine pirro and heal lowery varian rah -- heal lowery varian rah. judge, talk to us about this search, again, for the woods. why do the police continue to go back to this wooded area? >> well, you know, the kansas city police department has been really on top of their game. there are 300 boots on the ground, they're coordinated with state, local and federal agencies, and i think that they are just covering all their bases. i mean, last weekend on my show we saw them on the roof of a house. but what we do know is now that that video surveillance of the mother, debbie, involved her with a man buying wine. the man, of course, is her brother. it was innocuous.

she was buying baby wipes and baby food which really indicates that it was a normal day, and it doesn't suggest anything untoward toward the baby. in addition to that, what we're hearing is that the mother was happy. i've spoken to neighbors up and down the street who all say that this is a family who loved this baby, that they were always close, that they were always hugging that baby. and, but what doesn't make sense here, though, jenna is the fact that a monitor was on that night, and they would have heard something with the baby, and there was a dog in the backyard that is very vocal. in fact, everybody in the neighborhood has a dog, two of them almost jumped over the fence yesterday to get to me. but everything is, is making sense, the parents' story continue to be consistent all along. the unusual thing is, it's the one night that the father was working, and he didn't comb home until four in the morning. the family, of course, is releasing a home video to make sure that the public's

anticipation is -- jenna: and let's stop there if we could, judge, sorry to interrupt you, we were seeing some of that video, and we were just previously seeing the search of a well behind an abandoned house as well. just wanted to make sure our viewers knew about that. let's go ahead and go back to that video because it shows this adorable little girl who's now missing, and the question now further for the family is why wait until now to release video of this child? >> doctor well, i think that the fall -- well, i think that the family has just been reeling from all of this happening, and, of course, i had the mother and father on the show last weekend. they are, you know, doing whatever they can to try to assist, they're now cooperating with police again. as it relates to that particular well, we now know that the police -- we heard about a homeless man on a bicycle in the neighborhood. he, apparently, was staying that the abandoned house where they ended up searching the well. they came up with nothing there. and also we know that the police have covered all the bases with

the sexual predators. in fact, my law enforcement sources tell me that the predators are like, gee, we were waiting for you to show up, and they pretty much eliminated them. so it's still a fluid, open, ongoing investigation. anything can happen at any moment. jenna: we'll be back to you as we get more developments, especially from kansas city. geraldo, i'd like to ask you at this point, judge peer row gave us an overview of everything that's happened. what questions do you still have about this case? >> >> well, i have to say and, you know, e preface it -- i preface it by pointing out the obvious, that i'm 1500 miles away there the scene, but it seems to me virtually impossible that this is not an inside job. i'm sorry, and i hate to say that, but it seems so very unlikely that it's not in a tight circle of family and friends if not the parents themselves. and i know that people will be raising their hands and saying, oh, my god, how dare he. the fact of the matter is, as the judge points out, the dad is working late this one night

until 4 a.m. the odds on random stranger coming by knowing that the infant is accessible through the window if that's, indeed, how the tampers window, if that's, indeed, how access was gain today the house and snatching this child, those things happen tiny, tiny, remotest fraction of a chance. millions and millions to one. jenna: just to play devil's advocate, and we're seeing the reenactment of police trying to get into that window, and you can see how difficult it is. they were having a tough time trying to reenact it. why vanish without a trace? if it was an inside job, as you're suggesting, it seems there's no leads. the dogs are coming up with nothing, the police are coming up with nothing, how can a child just vanish without a trace? >> well, the child can vanish -- remember haley cummings? is i covered that case of a 5-year-old girl goes missing, ron, the dad, is off working. misty, the girlfriend, is at the house. the child is snatched.

misty doesn't wake up. the lights are on, lights are on in this case as well. it just, you know, you have to -- you have to conduct a parallel investigation, and that's a good thing, and i'm glad that people are keeping an open mind, i'm glad kansas city authorities are trying their best, looking at sexual predators, canvassing the neighborhood, looking for forensic evidence. but the concentration on the family, also, in this parallel investigation is extremely important given the fact that the mother -- unless i am misinformed -- failed or was informed by the police that she failed the polygraph test. at a certain point it's unlikely a stranger could have done it, the mother fails the test, what's the dynamic in that family? what's going on in that family? is it possible, for example, somebody lost their temper? the beautiful, beloved child get abused, gets hit, they panic and do something? is it possible that some friend -- jenna: and here are some of the hypotheticals we continue to

hear. judge pirro o, you have tom breaking news for us at this time? >> yes. my law enforcement sources have just informed me that the fbi is now doing a walking search of that neighborhood again right now using lines of fbi agents going up and down the street, some of them equipped with metal detectors. so, as i said, it is fluid and ongoing. and, you know, as it relates to the lie detector test, geraldo, you know, i've conducted these investigations. i don't know, she indicated that she failed it, i'm just wondering if that was an interrogation technique looking for response. but both geraldo and i agree that, you know, the police always look at the inner circle. there's no question about that. jenna: real quick if i could just jump in, judge -- one second -- >> she probably is alive. jenna: why a metal detector? >> well, if -- >> you know, they vice president made that clear to -- they haven't made that clear to us, but i think they're looking for anything, and a metal detector in addition to the lines of the fbi agents may signal something

in the ground that maybe was recently dug. jenna: well, we'll see. and we have cameras on the ground, so we'll bring those images if we do, indeed, get those in. always great to have both of you. i know this is going to be a big story for both of your shows. judge janine, of course, on saturday night at 9 p.m. eastern time. geraldo at large at 10 p.m. eastern time on sunday. thank you both for that analysis, and we'll continue to watch it. gregg: all right, jenna, some new tension between the president and the speaker of the house. what's got john boehner all fired up? a very testy telephone call yesterday. we'll tell you about it next. [ male announcer ] cranberry juice? wake up! ♪ that's good morning, veggie style. hmmm [ male announcer ] for half the calories -- plus veggie nutrition. could've had a v8.

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jenna: right now some new information on a few other crime stories we're keeping an eye on for you here at fox. maryland police are stepping up their search for william mclean. this morning officers arrested his stepfather for the murder of the boy's mother. in the meantime, police and

the fbi on a manhunt for the so called wig-out bandit. they say the suspect's robbed several banks across the state wearing a wig. he's described as a black man 40 to 50 years old about six feet tall and slender. also out in hollywood, lindsay lohan is violating a court order. a judge overseeing her probation ordered her to see a psychologist once a week or go to jail. according to tmz, lohan is not complying. gregg: house speaker john boehner going head to head with president obama over jobs, speaker boehner challenging the president in a very direct and positive fromty -- frosty telephone conversation. republicans have, indeed, offered a plan to create jobs contrary to yesterday's statement by the president. chris niedermayer has certained as chief of staff in the u.s. senate and was a deputy director of the u.s. securities and exchange commission. chris, good to see you.

>> good to be here. gregg: it's very unusual that the speaker would divulge a word-for-word statement of a conversation with the president, but they did yesterday. i want to make sure you have all the facts, speaker boehner told the president in this ten minute telephone call. is that a polite way of saying, mr. president, you don't know what you're talking about and stop making false accusations? >> it sure does, and it certainly emphasizes what has been a fractured relationship between the white house and congress during the last few years. you know, the problem here is it's certainly not going to be made any better by the fact that he released the statement. but i would say that the president, the white house have an experience problem and also a style problem. um -- gregg: talk to us about the style problem. look, when you were serving as chief of staff of the senate, how did, for example, bill clinton handle things? >> well, bill clinton would regularly pick up the phone and call the hill, and he would roll up his sleeves. in fact, when bill clinton was president, some of the staff in

the white house used to chide him for getting into too many of the details of some of the legislation on the hill. here you see based on what boehner is saying in his press release that he calls the white house, he talks to the president, and the president tells him that he doesn't -- not aware of the jobs bill being sent over to the hill, and he's not aware of over things that -- other things that the white house has discussed with the hill. so it almost appears as though the president is being given talking points, and he really is unaware of what's happening. gregg: is there lingering bitterness over the so-called grand bargain talks over the budget deficit that suddenly collapsed over the summer? do you think that may be the nexus of what's going on here? >> i think that's a part of it. you know, we went from the speaker and the president going to play golf, and then they were in the white house trying to iron out a deal this summer on the debt limit, and boehner said he walked out because the goal line was changed by the president. and i'm sure there's some lingering concerns and hard feelings about that, but let's face it, there are over 9.1% of

the americans that are unemployed, and both sides have to compromise a little bit if they're going to lift this economy. gregg: chris niedermayer, got to cut it short, have some breaking news, but come back. jenna: out to kansas city where the family of baby lisa is speaking. >> how are you guys holding up? >> how is the family holding up at this point? >> we're hanging in there, thank you very much. and just keep praying. we feel it, just keep praying. please, please, please, keep praying. thank you. >> how many messages have you guys gotten? >> and that is michael -- jenna: we, obviously, came in a little wait there, waiting to hear from the reporters on the scene if we could hear who that was speaking. i don't want to speculate at this time. we know that the family has a series of different family members surrounding them. i do not recognize the mother or the father of little baby lisa. i'm being told that that was the cousin. obviously, also collecting some of the signs and sentiments left by neighbors at this time.

judge jeanine pirro has just told us around the neighborhood the fbi is actively walking in a line to try to figure out or scope out the area, once again, metal detectors are being used as well. we don't see that, obviously, in the picture we're taking live now, but we'll continue to keep you updated with the breaking news out of kansas city with more right after this quick break. i'm your blind spot. [ humming ] and my job is easy. hide big things. you're good... [ crash ] [ laughing ] [ screaming ] [ tires screech ] and if you named your own price on car insurance, you could be paying for this yourself. so get allstate, you could save money and be better protected from mayhem like me. [ dennis ] shop less, get more, make one call to an allstate agent.

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jenna: a fox news alert and back out to kansas city now where we are watching and waiting for new information on this missing baby, 11-month-old lisa irwin. we just heard from a family member and, rick, we came in a little late to that press conference or that -- i should say conversation, it wasn't really an official press conference. tell us a little bit about who we heard from. >> reporter: well, these are family members of this young girl, this ten-month-old girl

who went missing. her parents say she was abducted in the middle of the night, taken from her crib. police say they have no suspects, not a whole lot of leads. they've been doing a lot of investigating, and you heard from judge pirro that the fbi is now on the scene taking part in yet another search of this neighborhood. we haven't really heard a whole lot from the family in this case, but some of the family members came out today, they had signs that they brought out of the family house with them that they tacked onto a tree in the front yard and some bushes in the front yard just to let the media know that even though they're not coming out, they're not as vocal or as visible as a lot of people would expect them to be, it doesn't mean that they're not watching all the coverage, that they're not grateful for all of the prayers and messages that are being sent from people all over the country who have seen the pictures of this adorable little girl and who desperately want her to be found safe and sound. again, a very confusing and

confounding story for the police in kansas city, missouri. we heard from the cousin of this young girl who came out and talked about his own military service, talked about tours of duty that he has served overseas defending our country, putting his life on the line, and he said that he would put his life on the line again in if a second if it meant that there might be some kind of a clue that would help bring his little cousin home. a very touching moment as, again, we wait for some more information, and hopefully the searches that are going on right now, jenna, will turn up new clues for the police. they desperately need it. jenna: let's talk about those searches to bring everyone up-to-date. we heard yesterday there was a new search of the wooded area behind the house and in the neighborhood. judge jeanine pirro told us her sources on the ground said the fbi is out there as we speak, and everyone's walking in a line with metal detectors going over the neighborhood yet again. gregg, there's another character that's been introduced into this story just in the latest week,

he's known as wild bill stanton. he's a private investigator, but he's not working as a private investigator in this case, just an adviser. what about this? as a lawyer when you have someone like this come into the story, what's the effect? gregg: they oftentimes get in the way. he made a big splash, stood in front of microphones said he's launching a brand new information, didn't disclose who's paying for it, somebody else. and then he was quickly advised -- i would assume by the kansas city police -- hey, you're not licensed as a private investigator here in the kansas city, missouri, area, and, therefore, back off. and, you know, like doctors and lawyers, you've got to have a license to be a private investigator. if you don't, you can lose the license, and you can be charged. now he says i'm just an adviser to the family. police have greater access to a plethora of evidence and potential evidence than a private investigator does. jenna: we'll continue to watch this story. any new comments from the family and developments on the scene,

we'll bring that to you. in the meantime, a couple big story we're watching today. gregg: that's right. serious concerns on capitol hill over the solyndra loan scandal. some administration officials testifying that a multimillion dollar loan for that now-failed solar energy company was very unusual. was it illegal? and prominent democrats calling for a new investigation of america's big banks. one of those congressmen will be joining us next. we're going to ask him if an investigation will help or hurt average americans. every time a local business opens its doors or creates another laptop bag or hires another employee, it's not just good for business. it's good for the entire community. at bank of america, we know the impact that local businesses have on communities. that's why we extended $7.8 billion to small businesses across the country so far this year. because the more we help them, the more we help make opportunity possible.

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jenna: well, the solyndra scandal back in the spotlight now. a house panel today is looking into the half billion dollars in loan guarantees given to that failed solar panel maker, and we're now hearing the treasury department had some serious concerns about the department of energy's restructuring of the loan. we'll put all of that together. there's a lot of pieces to it. mike emanuel is live on capitol hill to explain more. mike? >> reporter: well, hi, jenna. yeah, we've heard from several officials today essentially making the case that the department of energy should have sought a legal opinion from the department of justice over restructuring of the solyndra loan. we've also heard the concern from some republicans saying that the department of treasury ignored -- rather, the department of energy ignored some of the warnings coming from the department of treasury. here's more from energy and commerce committee chairman fred upton. >> what we've seen so far

suggests doe essentially ignored treasury after signing off on a $535 million loan guarantee. the documents also reveal department of energy fervently steering more taxpayer cash to solyndra with complete disregard to the alarm bells that were coming from treasury and others within the obama administration. >> reporter: now, let's take a live look at this solyndra hearing taking place on the house side of the capitol. democrats have argued department of energy officials should have been invited as well to this hearing so they could respond to what treasury officials are saying about the events leelding to the solar company's failure. republicans say officials have been invited before, will be invited again. for the democratic side of things, here's congressman henry waxman's perspective. >> i don't see evidence of wrongdoing by government officials, just a bad investment decision. i don't want to minimize it. but this was a bad decision as far as we know made on the merits. >> reporter: we've heard

several republicans make the suggestion that they believe the department of energy violated the law when the department of energy decided to pay back solyndra's investors over the taxpayers. jenna? jenna: more on this story as we get it, mike. thank you very much. gregg: and now more to politics and the election. republican presidential candidate herman cain on the campaign trail building momentum, to be sure, spreading his message now in a bus tour through tennessee. joining us now on the telephone from memphis, harris faulkner, who's traveling with the cain campaign. hi, harris. >> reporter: hey, gregg. you know, a lot of of people might be wondering why herman cain is not in a more traditional campaign route going through states like new hampshire, south carolina and iowa. and one of the things he's told me is because it's his birthplace, so he's kicking off this book tour -- excuse me, bus tour, here in memphis. he'll go from here to a small town called bartlett and then through jackson and out of the state tomorrow.

a couple things i'm going to ask him about once we're fully on the bus because we're meeting him right now on the east of memphis s about this tough criticism building on his infrastructure. there's been some tough talk about whether he has the money and the staff to go forward. they're not quite sure if he'll make the long haul way throughout the primary and on into a general election. so that's one of the things we're going to talk about. i'm going to try to get some details about, you know, are these reports true that there are only 35 people on staff and at the end of the second quarter $480,000 in his coffers? that's not a whole lot of cash to campaign. but what he lacks in this cash, he's big on crowds and love here in tennessee. a lot of people are coming out to see him. so we'll board the bus in just a little bit and keep you guyses posted. gregg: harris faulkner traveling with herman cain, thanks very much. you can hear from the man himself.

neil cavuto will interview herman cain today on "your world," so tune in for that at 4 p.m. eastern. >> the swipe fees at the banks and visa mastercard were charging where they basically had monopoly power, they were a ripoff. congress finally called the question and say, hey, cut it out. this has got to be somewhat reasonable and proportionate. and the banks reacted with indignation, mainly because they were not going to be able to continue the ripoff. and the response is, look, if we can't pick the front pocket, we're going to pick the back pocket. and that's, essentially, the question that we're asking: mr. attorney general, check it out. are the banks just hanging up the consumers and the depositors by their ankles, shaking them, and just getting every nickel and dime out of their pockets that they can? jenna: that brings up quite an image, doesn't it? peter welch on the growing outrage over new debit card fees announced by many of our biggest

banks in the country. he's leading a group of democrats to investigate the banks for possible collusion in violation of antitrust laws. and congressman welch is our guest now. collusion is a secret agreement between people or, in this case, companies. why are you asking the attorney general to look at that specifically? >> well, there's two reasons. one, historically bank of america has abused its power. they were sued, they had to pay three and a half billion dollars because of their practices on credit cards. that's number one. so there's a history. number two, immediately after the durbin amendment passed, the texas bankers' association, bank of america, wells fargo and the head of the american banking associate all began saying, hey, let's look at these debit cards and start charging oursdepositos for the privilege of accessing their money. that's called price signaling and a violation of antitrust.

my view, if you have competition, that's going to set a fair price. the four big banks have enormous market power, $7.7 trillion in assets. a lot of their depositors have a couple of thousand dollars in their account, and what is happening is that the banks with this fee-driven model that they have, they're shaking down their depositors and consumers. we want to get to the bottom of it. jenna: you point out that the banks have said because of this new regulation and new fees attached to it, we're going to have to pick it up in some other ways. some of the bank ceos have been outspoken about this. as a consumer, though, i have a choice. if i see my bigger banks are raising fees whether it's debit cards or how much i have in my account, i can pull my money out of that bank. so why do you think the government needs to be involved in taking a look at this, and why not let the consumers figure it out for themselves? >> well, you're right about that. and, in fact; i think you're going to see a lot of folks going to their local banks and credit unions. but the antitrust law -- and i

actually believe in strong and vigorous enforcement of antitrust -- does focus on these large monopoly-powered institutions like banks that have, as i mentioned, $7.7 trillion. so consumers have an option. they can walk with their feet, but the government antitrust laws still should be there to protect us against any kind of price signaling or collusion by these major institutions where a lot of us do have our deposits. jenna: let's talk about what would be next. so we're going the see if this investigation is taken up by the justice department as you would like. but what's keeping the banks from, let's say, withdrawing the debit card fee and charging us again for something else? they seem very adamant that the new regulation is forcing their hand on this. why don't you believe them that that's part of it? >> see, i think they've got to look at their own practices because they've gotten themselves into this fix. our local banks and credit unions, they compete on price, on quality, on really good service. what has happened with the big banks is they've gotten into

this fee-driven model, and they've been able to do that. they rope people in, they had control of these swipe fees and the credit cards, and they had such market power that they were able to impose the highest costs for swipe fees in the world. and it was the only institution that wasn't regulated or there wasn't competition. so my view is that the banks' have got to move to the local bank model where they're making money on the interest, making loans, providing reasonable service at a reasonable cost but with this concentration of enormous economic assets in foreign institutions, we've got to be vigorous in the antitrust to help prod them into a service-oriented approach to making money where they've helping the economy, and helping the consumer and the depositor. jenna: it's, obviously, worth a look, and we appreciate what you're doing, asking the justice department to take a look. a lot of people are angry about these fees, and it brings in conversations about the power of

some of these institutions in our country. congressman, always nice to have you. >> thank you very much. gregg: a fighter nose dives to the ground, the pilot seconds away from death. wait until you see what happens next. i habe a cohd. yeah, i toog nyguil bud i'm stild stubbed up. [ male announcer ] truth is, nyquil doesn't un-stuff your nose. really? [ male announcer ] alka-seltzer plus liquid gels fights your worst cold symptoms, plus it relieves your stuffy nose. [ deep breath ] thank you! that's the cold truth! ♪ [ gong ] strawberry banana! [ male announcer ] for a smoothie with real fruit plus veggie nutrition new v8 v-fusion smoothie. could've had a v8.

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to live by an unbreakable promise, stitched into every uniform of every captain who takes their command: to fly. to serve. jenna: right now some new information on some international stories we're keeping an eye on for you here in the newsroom. another setback for salvage crews working off of new zealand. they struggle to pump out tons of fuel before the ship breaks up. racing against time there. this is another amazing video, chinese fighter jet crashes during an air show in central china. you see that image on your screen that we've highlighted, the pilot ejected from the cockpit just seconds before the plane hit the ground. he's okay. he was saved. unbelievable. fear and confusion today in many bangkok as thailand faces the worst flooding in this half

a century. anxious residents are worrying that the rising water could overwhelm some of the low-lying city defenses. the water, in fact, has already submerged entire town toss the north. gregg: new backlash against the latest brand of in-your-face celebrities, yep, we're talking about reality television stars. now one student is starting a movement to turn 'em off. i'd like to join. courtney friel is here now to tell us more. >> reporter: gregg, i'm sure you're one of them, but there are many, many, many people who wish certain fame-hungry stars would stop being overexposed in the media. one philadelphia woman has had enough, and she's launching a war on celebrity. temple university student says she's fed up with talentless reality tv stars like the kardashians and jersey shore crew being famous for nothing. >> if you took a video camera at any frat party, you could see the same thing that snooki's

doing. it's not like it takes any brains or self-worth to do what they're doing. >> but they are cashing n. mike, the situation, sorrentino reportedly raked in this $5 million last week. gutierrez doesn't think he's the best role model for her peers. >> with the current economy, no one's guaranteed a job out of college, but the people who are making money are acting stupid and immature. >> reporter: so she wants people to join her online community at yourlife.com which promotes hard work and traditional values. >> there's nothing wrong with having morals, values and brains. you can go out, have fun but yet still stay on track with what your goals are by using your mind. >> reporter: and for reality tv, is hollywood bothered? act kristin bell doesn't mind. >> i don't want fault anyone for capitalizing with what's a at their fingertips. the kardashians are making money, and they're very success. people say reality television takes away jobs from actors, but it's driven by what good

entertainment is. i watch jersey shore, and i love it. and it's a train wreck. >> reporter: it is. the student has already won several -- and to be fair, she does like celebrities, just the more talented, educated and business-oriented ones who give back. gregg: you know, the real housewives franchise is the biggest offender. there's nothing real about them. >> reporter: and you know what, gregg? they're probably making more money than bothover us. >> reporter: you know, it's inane and vacuous. what's next, the real housewiveses of she boy began? jenna: i'd probably still watch it. don't knock it until you try it -- gregg: you watch those franchises? jenna: yes, i do. gregg: come on. they're faking it. jenna: recently, it's kind of given me anxiety, so i don't know, it might be short-lived. [laughter] in the meantime, those occupy wall street protesters are getting some surprising new support not from the housewives,

we're not going there. some conservative commentators say they feel their pain, and they're protesting at the wrong place. plus, remember this guy? his name is harold camping, he predicted the end of the world and he was, well, he was wrong. gregg: oh, yeah. how's that going for him? jenna: he's back with a brand new warning, and harold says this time we don't have much time left. next. ♪ i'm back in the saddle again, out where a friend is a friend. ♪

jenna: well, a doom's day prophet, how about that for a friday? best known for blowing the biggest prediction of his life, now back at it again. maybe he'll be right this time,

rick. then what? >> reporter: oh, i don't know. we've been down this road before. harold camping has been predicting the rapture nor -- for years, and every time he does it, he's wrong. the most recent prediction came back in may. camping's followers who listen to his preaching on family radio web broadcast spent their savings preparing for the end of days, walking around with signs and buying up billboards, and when that didn't happen, camping -- who's 90 years old, suffered a stroke. he's back on the radio, and now he's saying the rapture will probably -- he's hedging his bets this time -- probably happen october 21st which is one week from today. some christians believe the rapture will proceed the second coming of jesus christ, and there are some prominent christians who feel like camping is making a mock erie of their -- mockery of their beliefs, doing a disservice to nonbelievers, and it will be very interesting to see how many of camping's followers will be

willing to follow him again. jenna: is he increasing his odds by making -- you know, playing the lottery more often? more chances to win? >> reporter: exactly. jenna: we'll watch it. rick, thank you. gregg: well, while we're still alive, critics are raising new questions about the occupy wall street protests, the grassroots demonstrations drawing pretty big crowds, sparking copycat protests from boston to seattle to los angeles. deputy editorial page director of the wall street journal joining us in the newsroom. good to see you. there's an editorial in your newspaper today that's really worth reading, i think, and what caught my attention was it starts out by saying we're sympathetic to these folks. being jobless is downright frustrating. but maybe these folks really need to examine the facts. are they targeting the wrong people? >> well, yeah, we think they're targeting the wrong people, for sure. i mean, they're down there assaulting wall street, occupy wall street, and they're saying

they're against the capitalist system that is causing their unemployment. well, for one thing i'd say, gregg, this is a sorry commentary on the u.s. educational system. if these are college graduates and they think wall street is causing their problems, somebody has not been doing their job in these universities. the comptroller in new york announced last friday that by the end of this year wall street is probably going to lose 10,000 jobs. since 2008 they've lost 22,000 jobs. and just to make a point about these people down there on wall street, any of us who have ever worked down there in that neighborhood have been there in the morning or afternoon and evening to see the workers come anything and out of wall street knows that 90% of them are just working stiffs. they're normal, middle-class people. they take the ferry boat from staten island, they take the subway in from queens. they're not walking around in top hats and cutaway coats like the little fellow on the monopoly board which these people seem to think is all

that's on wall street. it's normal middle class people that are losing their jobs on wall street. they are not the source of their problem. gregg: who should they be targeting? >> well, i think they should either be carped out in front of the capitol building, congress -- the do-nothing congress -- or they could be camped out in front of the white house or perhaps in on front ofe environmental protection agency. gregg: why? >> because they have been holding up the keystone pipeline from texas to mexico -- to canada which promises to create at least 13,000 jobs and 180,000 jobs overall. and if you're going to suppress utilities and pipelines and things like that, you're going to throw people out of work who are simply members of the middle class. gregg: and regulatory compliance estimated costs $1.7 trillion. a lot of lost jobs over that one coming up. all right, dan, thanks very much. "wall street journal" editorial

page. jenna? jenna: breaking details on the search for baby lisa out of kansas city. we've got that for you just ahead. [ male announcer ] we't employers or employees. not white collar or blue collar or no collars. we are business in america. and every day we awake to the same challenges. but at prudential we're helping companies everywhere find new solutions to manage risk, capital and employee benefits, so american business can get on with business. ♪

. >> that's going to do it for us, huh? >> jenna: i just wanted to announce that, both rick and gregg are paying both attention to my e-mails about what to wear on set every day and i think by friday we got it right. >> reporter: there were some folks in the chat room that thought we all woke up and took a look at what each other was wearing. gregg: don't get that started! >> reporter: we don't live together, though. jenna: that would be weird! we are in sync, it was a great week, and we appreciate you joining us today, a big day, lots of news and a lot more to come. gregg: have a great weekend, everybody, see you later, folks, bye bye. megyn: fox news alert. we are now awaiting a news conference, another news conference in missouri on missing baby lisa irwin, it happens less than 60 minutes from right now. we are