tv Happening Now FOX News November 2, 2011 8:00am-10:00am PDT
8:00 am
the runway was there to capture what can only be described as a picture-perfect, pillow-soft landing. martha: no wonder they thought the wheels were down. we're on radio with kilmeade. bill: don't be late. martha: we'll see you back here tomorrow. thanks everybody. jon: we begin "happening now" with this fox news alert. new hampshire secretary of state announcing its primary dates once and for all. jenna: picking up momentum, aren't we, going into 2012? hi, i'm jenna lee. we're in the fox newsroom. the first in the nation primariry that can make-or-break a presidential campaign is to happen january 10th. one week after the iowa caucuss. we get new polling on the field a quinnipiac poll showing herman cain in the lead with 30%. followed by mitt romney at
8:01 am
23%. that is about his number. newt gingrich and rick perry coming in third and fourth, with 10 and 8% respectfully. jon: this poll largely conducted before the sexual harrassment allegations hit the news anyway. one of the victims is trying to cancel the confidentiality agreement so she can cancel her story. jenna: the president also gaining in the polls. his approval numbers rise 6 percentage points from 47% since last month. chief political correspondent carl cameron is live in washington. there you are, carl. let's talk about cain first of all as we mentioned, a little bit of disclaimer these polls taken before what has transpired over the last couple days. talk about the progress for his campaign so far. >> reporter: they're trying to put the whole story about the sexual harrassment allegations behind them. today mr. cain is campaigning in virginia. he had a high-tech meeting earlier this morning. he will talk health care today. he will have meetings on the hill with republicans as he continues to introduce
8:02 am
himself around the country. and to the washington republican establishment, many of whom never met him. last night he had dinner with lindsay gram, the senator from south carolina the they had not met. in his remarks earlier he mentioned with the problem with the allegations 10 or 15 years ago continue to dog him. he says it is clear political rivals fanning the flames of this controversy here. >> right now we're right in the middle of that third phase. that is, there are factions trying to destroy me personally as well as this campaign. >> reporter: and as you reported the lawyer for one of the women, joel bennett, an attorney here in d.c., has said tomorrow he will formally request the national association of restaurants, national restaurant association, excuse me, to release his client from her confidentiality agreement. that is only likely to keep the story going. jenna: we'll put that aside for a moment, carl. let's talk about the schedule.
8:03 am
it is in place. what strikes you most about it? what is remarkable for our viewers to know? >> reporter: the new hampshire secretary of state bill guarder in, in next couple seconds will formally announce what the political world has known for the last couple weeks, that is, the new hampshire primary the first presidential primary, the first real election will take place on january 10th. this is long battle. one that new hampshire fought every four years literally last four years with states trying to threaten its first in the nation status. difference between iowa caucuses is and the new hampshire election. the new hampshire is an election and caucuses is talks about who they like and preferences. the primary is january 10th, officially determined by the secretary the state. that determines the calendar is now in place. battle for herman cain, struggle for mitt romney to hang on to his 23% and rick perry's attempts to assend will not be resolved in new hampshire. it will be a long, long battle in february, march
8:04 am
and well, well into late spring and summer. in that poll it was very interesting to note that newt gingrich moved into solid third place. in that context a lot of herman cain supporters said that gingrich would be their second choice. so to the extent that mr. cain has a struggle is it could be mr. gingrich's game. jenna: interesting. you have your tickets, have a heavy winter coat, are you ready to hit the road? >> reporter: i've been wearing same coat that brit hume for 15 years and he had it fifrt teen years before that. it will end up in the smithsonian. jenna: carl cameron as always breaking politics news. jon: back home in new hampshire for carl. fox news alert. federal agents arresting four men in georgia. they are suspecting of plotting a biological attack. they say the suspects are in their 60s and 70s and part of a fringe militia group plotting to buy explosives and trying to make or take a
8:05 am
deadly toxin. jonathan serrie live in atlanta with more on this jonathan, who do the police think these guys were going after? >> reporter: hi, jon. investigators have yet to release any names of any potential targets however they tell us 68-year-old samuel crump was recorded by a confidential informant saying he wanted to deploy the biological toxin ricin in several u.s. cities. those cities include washington, atlanta, newark, new jersey, jacksonville, florida, and new orleans possibly releasing the toxin from a car speeding down an interstate highway. at least that was the plan as alleged by federal investigators. they say at one meeting 73-year-old frederick thomas talked about creating a list of politicians, government employees, corporate leaders and members of the media he felt needed to be taken out. he allegedly discussed modeling the groups action of absolved. absolved is a online novel
8:06 am
written by the former leader of a alabama militia about small groups of citizens attacking u.s. officials, jon? jon: so, the cops say this is a fringe group. what else do we know about these guys? >> reporter: they say it was a fringe group. the extraordinary thing about it is that, all four defendants are in either their mid to late '60s or their early 70s. according to court documents some even worked for the federal government during past careers. 65-year-old ray adams used to work as a lab technician for the usda agricultural research service according to court documents and also samuel crump worked for a contractor that did some maintenance work for the centers for disease control and prevention here in atlanta. frederick thomas's wife says that her husband had served in the u.s. navy for 30 years and that i would never do ngirakamaro against the united states. however prosecutors and federal investigators will
8:07 am
point to those confidential recordings that they say show otherwise. john? jon: jonathan serrie, in atlanta. that's a strange one, thanks. >> the markets look better than they did yesterday. jon: good thing. jenna: markets rebounding up 200 points on the dow. meantime the major fallout from the collapse of mf global, a name you might not know always but a name you should know now. the securities firm filing for bankruptcy this week and now federal investigators are looking into whether clients funds are missing. former new jersey governor jon corzine headed up this firm as it spiraled downward and now there is questions about whether this company's failure could have a ripple effect through the economy. that's where we start with charlie gasparino of the fox business network. charlie, is this another lehman brothers? >> reporter: no, it's not, thank god. this is much smaller firm, much smaller balance sheet. did not have the interconnectedness with the financial community that lehman brothers did. this firm has assets of
8:08 am
something like 45 billion. lehman had assets of over $500 billion. so you could see it is a big difference but it's an interesting story. the guy running the firm is a well-known figure on wall street and in washington, jon corzine, former governor of new jersey. former u.s. senator from new jersey. and it does encapsulate some of the problems of wall street. really aggressive, i would say idiotic risk-taking that took this firm down and took it down really quick. as soon as it was exposed to have losses tied to investments in sovereign bonds from europe the thing imploded and now comes the investigation. why did it happen? there's an issue of whether, they obviously did, coming fell some client funds. remember, they're a firm that deals with institutional investors so it is not average mom and pops. did they comingle with those fund with some risk taking? they obviously did. from what i understand though, this is where it gets kind of murky. they found those fund.
8:09 am
those fund are not gone. this is not a ponzi scheme. then the question becomes, that doesn't mean the investigation is over, did jon corzine and senior executives lie to investors about the health of that company? that's where jon corzine faces is greatest legal liability. i can report it first here. we're getting from sources really close to the investigation. what the sec and the justice department will scrutinize his public statements. we understand they're looking at what he said during speeches and what did he put out to investors about the health of the company prior to bankruptcy. jenna: it could be fraud, charlie, is that what you're saying? >> reporter: if you, it becomes did you purposely do this. if you purposely mislead investors, that's fraud. you not just get a slap on the wrist by the securities & exchange commission which files civil charges. you can go to jail for that. but that is a big of. those cases are notoriously difficult to prove. jenna: charlie, 30 seconds here. "the new york times" say this is evidence that the system is still too vulnerable and regulatory
8:10 am
reform is far from over. quick comment? >> reporter: disagree 100%. they don't know what they're talking about here. jenna, the bottom line the firm went under. the system is did not collapse. market is up 150 points. the financial system is more worried about greece and all the stuff in europe than they are about this. this is what is supposed to happen. you roll the dice, you lose, you go out of business. the sec has so many rules and regulation on the books they still couldn't catch this. by the way they couldn't catch bernie madoff and he walked in their office about 45 times. >> nice context, charlie. that is important to point out. charlie i know you will continue to run after the story. we appreciate you joining us today. >> reporter: anytime. jon: as jenna mentioned something is making wall street happy right now, up 210 points. we're awaiting nounment from the federal reserve. investors are already reacting to global economic news ahead of chairman ben bernanke's latest policy statement and updated economic outlook.
8:11 am
jim angle live is washington. this is man whose voice can move markets. what do we know where the fed stands? >> reporter: if only, jon, if only. they don't expect the fed to announce any major policy changes the fed previously said they plan to keep short-term interest rates near zero until mid 2013 until the economy improves. some would like to see the fed set benchmarks like announcement agrees not to raise interest rates until unemployment falls below a certain level like 7% or inflation exceeds something like 3%. so chairman bernanke is not expected to announce any bold, new, steps today. and many analysts say the fed has used up most of its ammunition. it can't lower interest rates any further and in fact some fed governors are nervous about how far the fed has already gone and whether it has zone the seeds of inflation down the road. but we should get the fed's take, latest take on the economy and some may find some comfort in that, jon. jon: but does the fed have
8:12 am
any reason to act based on some of the recent economic numbers that are out? >> reporter: well they're mixed but some have been somewhat positive. you have reports this morning that planned layoffs are falling even though they recently hit a two-year high and are still higher than they were a year ago by the way. automatic data processing said today that company payrolls rose by 110,000 in october, mainly in the service industry. last quarter the economy grew at 2 1/2%. that is not much to make much of a dent in the unemployment rate. some are encouraged that the economy is not headed into double-dip recession. so mixed news there. you have the mess in europe over huge debts in greece and other nations with the uncertainty created by greece's decision to have a national referendum on painful choices that greeks have been demonstrating against. there is huge uncertainty about that. the fed may want to keep dry what little powder is has left, jon. jon: jim angle. thank you. >> you bet. jenna: close story in the
8:13 am
newsroom in fact. tragedy strike as new york city family. a mother shopping for halloween candy for underprivileged children nearly killed. and now she is fighting for her life. how this happened is a real shocker and we have the details for you straight ahead. jon: unbelievable. for the first time we're getting some new looks at cia secrets including adolf hitler's stolen stationary and how president reagan was told the cold war was over. jenna: this is anything but a high-speed chase. a man trying to escape the cops and wait till you see what he's driving. ♪ . [ female announcer ] from an earache... to the flu. an accident... to asthma. a new heartbeat... to a heart condition. when you see your doctor, you don't face any medical issue alone. you do it together. at the american medical association,
8:14 am
8:16 am
8:17 am
air. witnesses say they saw people running from the crash site. by the time police arrived no one was inside the thing. they believe it was stolen. jenna: jon, stealing cars unfortunately you could maybe call it a common crime. rick has a story on something else that is not so common. rick, have you been doing any reckless driving recently? >> reporter: no, not me but a guy in utah has. this comes after he stole not one, but two cars. they both ran out of gas. and so take a look what this guy did. he got himself onto a construction site and the third car that he stole was actually a front-loader. and he led police on a high speed, or guess i maybe maybe that a low-speed chase since these things don't go much above 10 to 15 miles per hour. he plowed through a couple of gates and off to the races. maybe not the races but all the fun came crashing to an end as he smashed into a dirt embankment that is when
8:18 am
the police were able to apprehend him. he couldn't explain why he did it. apparently he is still not talking to police and he is currently in jail charged with a handful of crimes. i have heard of elderly people getting pulled over for driving too far below the speed limit. i don't know whether that is one of the things he was charged with since he was only going 15 miles per hour. police are still investigating as we learn more, jenna, we'll let you know. jenna: he had a lot of perseverance. i don't know whether that is good thing or bad thing but he is behind bars. rick, thank you very much. jon: thankfully he didn't do more damage. president ronald reagan like you've never seen him before. cia release videotapes giving inside look how president reagan handled the end of the cold war to the nuclear crisis in chernobyl. chief correspondent catherine herridge has details from washington. what makes these tapes so special, catherine? >> reporter: good morning, jon the later today the cia is declassifying video
8:19 am
briefing done for president reagan and his national security team at the end of the cold war. we were able to get advanced copies here at fox. it was under president reagan began using videos as way to enhance the briefing. the clips you are about to see the same clips shown to the late president's team. footage from michael jackson's beat it video is shown from soviet tv as an example of the soviet media's skewed portrayal of the united states as wicked and evil. >> in recent years the soviet media has said much about the american way of life and its portrait of america is a dark one. it is designed to convince the soviet people that our social system is anything but desirable. >> reporter: also at the end of the cold war then president reagan was briefed on afghanistan and the failed invasion by the soviets. >> they did not succeed, nor did later attempts. afghanistan remains through much of this century a neutral country, a
8:20 am
geographical and idealogical buffer between east and west. >> reporter: and was clearly so striking about this afghanistan briefing many of those points still ring true today, jon. jon: i guess one of the agency's enduring secrets is finally out now? >> reporter: that's right. there is new addition to the. cia museum, a letter richard helms who became cia director. he took the stationery and from hitler's office. i wrote it to his son. the man on this card once controlled europe. he is dead and hess memory despised his country in ruins. the letter was presented to cia museum one day after bin laden's death. both bring history together though show the kind of destruction one man can be responsible for, jon. jon: that is wild. catherine herridge interesting stuff. thank you. >> reporter: you're welcome. jenna: four days after many
8:21 am
are still struggling from a freak october storm in the northeast, folks further west it is your turn getting a early blast of winter weather. janice dean is here to tell what is going on. lindsay lohan could be headed back to jail. what she didn't do that got her back in court. this is jon's favorite story of the day. he will report all the details to you. coming up we'll talk to a sheriff that says if women want to stay safe. ditch the mace and carry a concealed handgun. what do you think about that? is that a good idea? log on and leave a yes or no comment. foxnews.com/happeningnow. we'll see you in threel minutes. the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas projectsn the world. enough power for a city the size of singapore for 50 years. what's it going to do to thplanet? natural gas is the cleanest conventional fuel there is. we've got to be smart about this. it's a smart way to go.
8:22 am
♪ ♪ that's good morning, veggie style. hmmm [ male announcer ] for half the calories -- plus veggie nutrition. could've had a v8. and who ordered the yummy cereal? yummy. [ woman ] lower cholesterol. [ man 2 ] yummy. i got that wrong didn't i? [ male announcer ] want great taste and whole gin oats that can help lower cholesterol? honey nut cheerios. that's why we made ours invisible. loaded with our most advanced hearing technologies, our invisible hearing aids are comfortable to wear and are specifically designed to improve hearing in noisy environments, sound more natural, eliminate whistling, and let you talk comfortably on the phone. call... to try invisible hearing aids yoself free for 30 days.
8:23 am
you can choose from two great styles. the invisible-in-the-canal rests comfortably inside your ear where no one can see it. the mini receiver-in-canal hides discreetly behind your ears, virtually undetectable by others. if you have trouble hearing but don't want to be seen wearing hearing aids, you'll love invisible hearing aids. call... to try them free for 30 days. now these hearing aids are truly invisible. you can't tell that i'm wearing them. no one knows that i'm wearing them. call... to try them free for 30 days.
8:24 am
8:25 am
let's listen in. >> -- hammered by the economic downturn. construction has been among the hardest hit. since the housing bubble burst millions of construction workers have had to look for a job. but today i'm joining many of these workers to say that it makes absolutely no sense when there's so much work to be done that they're not doing the work!. not when there are so many roads and bridges and runways waiting to be repaired and waiting to be rebuilt. one of these potential projects is behind me, just a few miles from the capitol building. it's the key bridge, one of the five major bridges that connect the commonwealth of virginia to washington, d.c. two of these five bridges are rated structurally deficient, which is a fancy
8:26 am
way of saying that you can drive on them but they need repairs. nearly 120,000 vehicles cross these two bridges every single day, carrying hundreds of thousands of commuters and families and children. they are deficient roads, and there are deficient bridges like this all across the country. our high ways are clogged with traffic. our railroads are no longer the fastest and most efficient in the world. our air traffic congestion is the worst in the world. we've got to do something about this because our businesses and our entire economy are already paying for it. give you an example. last month i visited a bridge in cincinnati on one of busiest trucking routes in america. more than 150,000 vehicles cross it every single day but it is so outdated that
8:27 am
it has been labeled functionally obsolete. it worked fine when it opened 50 years ago but today it handles twice the traffic it was designed for and it causes mile-long backups. that means that big shipping companies like ups or fedex are tempted it change routes but it turns out that would cost them even more to take the long way. so their trucks, their vans are just sitting there bleeding money. bleeding time. smaller businesses, they don't have a choice, they have to go across these bridges. when a major bridges that connects kentucky and indiana was recently closed for safety reasons one small business owner who's shop nearby watched his sales fall 40% in just two weeks. farmer, they can lose 5 cents a bushel when a rural
8:28 am
bridge closes. so all told our aging transportation infrastructure cost american businesses and families about $130 billion a year. that's a tax on our businesses. that is a tax on our consumers. it is coming out of your pockets. it's a drag on our overall economy and if we don't tact now -- act now, it could cost america hundreds of billions of dollars and hundreds of thousands of jobs by the end of the decade. so you're paying already for these substandard bridges. you're paying for these substandard roads. you could be paying to make sure that workers were rebuilding these roads and you would save money in the long term if you did it. i'm speaking to all the american people. jon: the president there standing in front of the key bridge which joins washington, i'm sorry, roslyn, virginia, with georgetown if i have my
8:29 am
geography right. that bridge need as $20 million facelift. the department of transportation is proposing that but the district is not going to do so right now. it is defering maintenance until 2015. so let's talk about what the president is trying to push through here. joining you now, the former white house deputy communications director who worked for president obama, and ron bongine former communications director to house speaker denny hastert. thanks both of you for joining us. >> thank you. jon: let me ask you this. the president has been in office for three years now. why is he just now complaining about construction projects that haven't been built? >> the president has been talking about infrastructure, the need to improve our roads, rails and runways since he came into office. it was a big part of the recovery act, but right now, we're dealing with a situation in this country where nearly two million construction workers are out of work. he touched on this in his
8:30 am
remarks. we're not being competitive with the rest of the world. we're allowing the run down of our roads, our rails and our runways to really hurt businesses across this country. so this is a win-win. there is no reason we shouldn't move forward on it. in fact democrats and republicans, the head of the chamber of commerce the head of the afl-cio have all called for moving forward for this. jon: ron, is it a win-win? >> i do think it is in the long run a win-win. in the end there will be some transportation spending on infrastructure that will come through the congress in the way that they, that they will pass a transportation reauthorization bill, and that will likely happen but what needs to really happen here is for the president to provide some certainty to businesses to create jobs in order to get our country growing again and that is what this is all about. i do find it interesting, it has been three years this looks like a campaign hail marely mary pass to get
8:31 am
himself reelected for a next term. that is what this is all about. simplifying tax code, easing regs lace on businesses that would go a long way bipartisan way to get this through the senate and the house in order to create more jobs. jon: the concept of shovel-ready jobs became a national punch line. what happened to those? >> the recovery act did exactly what it was supposed to do. private sector economist said it helped support 3.5 and 4 million jobs. right now we're at point where we need to do more to help the recovery. the points ron made you agree with. that is exactly why the president has taken steps to reduce regulations by billions of dollars. that is exactly why he is now pushing for for a infrastructure investment plan that builds on work he has already done. that is exactly why he pushed for more assistance for small businesses. frankly i haven't seen a lot from the other side of the aisle on what they would do exactly to, you know, help our economy recover and grow. jon: all right. we have coming up against one of those computer controlled breaks.
8:32 am
ron, i will have to give you the last word the next time. ron, jean, thank you very much for being with us. >> thank you, have a great day. jon: we'll continue to have the president's speech streaming live on foxnews.com if you like to catch it there. be right back. welcome idaho, where they grow america's favorite potoes. everyone knows idaho potatoes taste great. but did you know they'reood for you too? they're high in vitamins and potassium. and idaho potatoes are now certified to carry the heart checkmark from the american heart assoction
8:33 am
for foods low in saturated fat and cholesterol. so they're good for my family, and for yours. heart smart idaho potatoes. always look for the grown in idaho seal. set out to create a different kind of cold remedy using powerful medicine and natural ingredients from around the world. he called it vicks vaporub. today, the vicks journey continues. introducing new vicks nature fusion cold & flu syrup. powerful multi-symptom medicine flavored with natural honey instead of artificial flavors and dyes. so you can feel good about what you take to feel better. then you may need help finding the right plan for your needs. call now to find out how a medicare plan from unitedhealthcare medicare solutions may have the coverage you're looking for. i'm looking for help paying for my prescriptions. [ male announcer ] that's a part d prescription drug plan.
8:34 am
tell us about your prescriptions and we can help you select the right plan... like a stand-alone plan, or you can combine part d and medicare supplement plans for complete coverage. is there a single plan that combines medicare parts a & b with medical and drug coverage? [ male announcer ] absolutely. a medicare advantage plan can give you doctor, hospital and prescription drug coverage for nothing more than what you already pay for medicare part b. now is the time to take action. you only have until december 7th to make sure you get the medicare coverage you need. call unitedhealthcare to learn about medicare plans that may be right for you. with some plans, you can enroll right over the phone. don't wait. call now.
8:35 am
sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get bk to these invoices... whh i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business. jenna: welcome back, everyone. now a fox weather alert. it may be sunny i should say, snowy? sunny now in the northeast but saturday's snowstorm is still fresh on the minds of
8:36 am
1.3 million people still without power. in connecticut generators are selling out as fast astors get them in. they will need them by the way, both stores and folks because it could be sunday before power is restored to half million people in that state without it. there are about 180,000 people out of power in new jersey and they may have to wait a couple more days again to get power back there. a lot of folks in the community say things look exactly the same as they did over the weekend with trees and wires still blocking the streets and no power crews to be found. >> we're just going to sit in silence and wait and suffer. it is not cool. >> there are too many wires down on this block right here. there are four wires down right here but nobody has been out to check yet. >> i have a handicapped son autistic. i'm nine months pregnant. my sister in law is in there. two months pregnant. my father is elderly and no one has come out. jon: and this is video from just this morning in colorado. folks there are bracing for blizzard conditions today,
8:37 am
up to 10 inches of snow possible. high winds making it feel like it is 10 degrees out there right now. this is in castle pines, that video. we have janice dean in the fox weather center. jd? >> jon they're expecting more snow in colorado and it is not even thanksgiving. more than a foot in some areas. look at totals. we're expecting several inches more as the storm system continues to push eastward. snow is i intoing in eastern colorado and up towards nebraska and kansas. it gets too warm for the snow but mainly a rain event across the mississippi valley. that snow continuing to pile up even in the denver metro area. we have blizzard warnings in effect if you can believe it where winds will gust in excess of 35 miles per hour. visibility will be down to nothing. people are advised to stay off the roads. look at the temperatures across the west. 30 in provo. these are current temperatures. look at windchill the can we
8:38 am
believe we're talking about windchill? feels like 9 in casper. feels like 17 in denver, jon cot. i'm not sure you want to visit there right now, do you? jon: those of us who ski are all kinds of excited. >> all over great. good silver lining, my friend. jon: a lot of people don't like it. i do. thanks jd. >> okay. ♪ . jon: neil diamond says it makes him forget but can it make you healthy? several new studies this week on the benefits and risks of drinking alcohol. one shows that a small amount of red wine might help you lower your risk of heart disease. another, with a key ingredient in wine may lead obese men to better health. but women, take heed. another big study now indicates even small amounts of alcohol may raise your risk of breast cancer. joining us now to clear up
8:39 am
some of the conflicting information from these studies, a member of our fox medical a-team, dr. marc siegel. how much do you have to drink for this resvertrol to have an impact? >> we actually don't know that but a study in a journal, a 1 50 milligrams a day, a small amount gave a big benefit to obese men and cut down on their inflammation. helped their blood sugars, lowered their blood pressure put them in much better position metabolically. that is small study but what is exciting first time we study it in humans. there is study which is found in the skin of grapes, actually a chemical that plants use to fight off bacteria and yeast, this chemical in animals cut down on cancer, cut down on inflammation. it is very, very important supplement. jon: but also apparently found in peanuts and things like dark chocolate so you might not not necessarily need the alcohol. >> a lot of people use it as
8:40 am
a an excuse to drink red wine. as you said at the outset there is advantage red whine and alcohol may cut down on risks of heart attacks but studies show it definitely increases your cancer risk. this is huge problem. two to three drinks a day increase risks of oral cancer by 70%. risks of breast cancer by 30%. a new study just out that you referred to very dramatic shows that more than three drinkses a day, jon, increases the risk of lung canner by 30 to 40%. 40% more likely to die of cancer if you're a man if you're having more than three drinks a day. 20% if you're a woman. these are big numbers against drinking. jon: we're putting on screen some benefits of alcohol but obviously there are some down sides as well. how is a person supposed to draw the line? where do you figure out the cost benefit analysis? >> i looked at this very carefully. here is my conclusion. get the revertrol somewhere other than alcohol. one to drink a day is good
8:41 am
for circulation. doirnlt increase cancer risk that much. beyond two drinks a day talking about increased risk of canner. i will not recommend that as a physician. jon: good information. dr. marc siegel. >> thanks, jon. jenna: from that story to this, jon. lindsay lohan is getting ready for a court hearing that could land her back in a familiar place. rick folbaum has more on this today. rick? >> reporter: jenna she certainly spends more time in front of judges than she does in front of movie cameras lately. she probably will be sent back to jail. she will know by next week. it will be standard protocol for the l.a. county jail if that happens. she is in trouble this time for violating her parole by not doing a community service stint at a women's shelter. in case you forgot how she got on probation in the first case, i'm not talking to you jon scott because i know you follow this story closely. she is on probation from theft and drunk driving. she is doing community service at l.a. county morgue. her probation officer said
8:42 am
lohan didn't like the work she was required to do for the shelter. she failed to show up nine times. it was enough for the shelter to stop coming all together. she is facing 5th arrest since her first's in '07. she is chip off the old block. her father michael is in jail in tampa, florida, facing trial for handful of charges. lindsey's hearing is coming up soon, hour an 15 minutes, 1:00 eastern time. we'll keep you posted, guys. jenna: rick, thank you. jon: can't wait. another woman, a familiar face, back in court. casey anthony. why the woman acquitted of murdering her 2-year-old daughter is making headlines once again. also some women carry mace or pepper spray, things like that, for personal protection. we'll talk to one sheriff who says women should something a little more potent. >> go for the mace. gun control to me is when you can get your barrel back on the target quick.
8:43 am
8:46 am
♪ . jenna: women of the world, throw out the mace and go get yourself a gun. that is the advice from spartanburg, south carolina, sheriff, chuck wright. he is suggesting women carry a gun so accuracy won't be an issue. accuracy won't be an issue. why is he urging such extreme measures? there was attempted rape a last weekend that seemed to provoke this. the sheriff is here with us right now. nice to have you own the program. >> my pleasures, thanks. jenna: you've been in law enforcement 25 years now. what happened recently that made you say, hey, ladies, maybe you should think about arming yourself? >> we had a gentleman that
8:47 am
had been through our system 20 times since 1983. and our system failed her. if we had done what we are supposed to do as law enforcement community this person wouldn't be out raping women. and preying on woman. her only problem that, the reason why she was a victim because she is female. i feel that a lady that has good, up standing citizenry in the community should arm themselves if they fit the qualifications of our laws, and i certainly think they should be trained with it. i don't think everyone should have a gun. i don't think that every person, you know, should go to the store and be able to buy any kind of weapon they want but if you are a good citizen and you do not go out here and rob people and rape people and you are, an average citizen like we are, i think people of this country are tired of being victims and, our form of justice is not working. >> it is interesting that
8:48 am
you say that about our system. and also, incredible to know this guy, that attempted this rape had been in and out of our system 20 times before now, also being behind bars. i understand he is being held without bond. going back to the point that you're making though, why do you think the fear of someone having, a victim having a gun on them why do you think the fear will be deterrent when our laws apparently according to you aren't working? >> well, i'm going to take you back about six weeks ago. we have a gentleman that goes to the atm. he just checks his balance, two people stalking an innocent victim follow him home and attempt to rob him with a crowbar. well, the gentleman was a cwp holder and he shot and killed the gentleman about to hit him in the head with a crowbar and shot and missed the other fellow trying to steal his money and god knows what. so he, that guy won't rob nobody anymore. and, i think if you train women to protect themselves
8:49 am
and not be, to stand there and look pretty victims that is going to deter some people. jenna: we looked at some statistics, sir. it was interesting to see how much gun ownership has gone up amongst females in this country and it is an incredible amount. right now 25% of women in our country have a concealed weapons license. how many more do you think need to have a license or need to carry a gun before a real difference is made? >> well, you know, i don't have any statistics for that but i'm tired of looking at women in general, or families and tell them i'm very sorry that our system has failed you again. i don't think we should have a sexual registry list. i think they should still be in jail. these people are not going to conform. they're just not going to be rehabilitated. we can argue about the form of justice that we have works or don't work but i'm
8:50 am
telling you, a bunch of the people in this country feel like it doesn't work. another form of justice needs to be applied. i think the chain gang is very appropriate measure to take but, you know, i don't think everybody should have a gun. i just don't. but if you are a good citizen and you don't have any criminal background or any mental episodes, i think you should be able to arm, arm yourself and be able to walk in our parks and communities on a sunday afternoon with your dog without being attacked. jenna: that is where the woman was attacked. sheriff wright some people criticize this but you made your point to the audience. we appreciate you coming on and thank you for your service and the service of your children as well. i understand they're serving in the military. we'll follow up with you and thank you again. >> thank you very much. jenna: well, earlier we asked you if you think this is a good idea and overwhelming percentage of you, 97, nine out of 10, jon, said this is a good idea. log on to america's asking to chat, weigh in,
8:51 am
foxnews.com/happeningnow. jon: speaking of guns, well there are some new developments in "fast and furious". we'll tell you about that. now they said they did it for fun and left a woman clinging for life. [ male announcer ] what can you do with plain white rice? when you pour chunky beef with country vegetables soup over it... you can do dinner. four minutes, around four bucks. campbels chunky. it's amazing what soup can do.
8:52 am
8:54 am
jon: a new york city woman is clinging to life after she was hit in the head with a falling shopping cart. marion salmon hedges is her name. she was walking with her son outside a target store in east harlem when the cart came crashing down on her. why? police say two 12-year-old boys pushed it off a railing from four stories up. eric shawn live in our new york city newsroom with more on that. >> reporter: jon, she is wealthy manhattan real estate agent that helped underprivileged kids. her life hangs in the balance as you said, police say two 12-year-olds almost
8:55 am
killed her. marion hedges has been in a medically induced coma in critical condition since being hit by the falling shopping cart that came from target. police say it was tossed from four stories above. she was shopping for halloween candy in east harlem on sunday. every year she and her husband buy hundreds of dollars worth of treats they say for 1,000 or so less fortunate kids who knock on the door of their manhattan brownstone for trick-or-treat. that is why she was stocking up on the good did is and when police say the shopping cart came crashing down on her, as a prank they say, the suspects laughing and joking when they were caught. the two 12-year-olds are charged with as juveniles with assault with a crime weapon. neighbors describe the young suspects as quote, bad, who started hanging out on the streets. mrs. hedges happens to be involved with a nearby charity, the stanley isaac center. it is renowned program in the neighborhood for underprivileged young
8:56 am
people. its director says they are just devastated. >> this is very engaged and super, super, smart and energetic and so caring and thoughtful and so concerned that helping us deal with some of the tough times we've had to deal with and helping us raise money. >> reporter: mrs. hedges husband michael says the suspects are quote, children who are left on their own without supervision. they're exactly the type of youngsters who she dedicated her life to try to help. he also says that the in best of all cases she will be in rehabilitation for months but right now in critical condition at a local hospital and certainly the thoughts and prayers of people around the country are with her and her family. jon? jon: that's for sure. that is just an awful story. eric shawn. thanks. jenna: millions of foreclosure cases across the country about to get a second look. the government is now combing through records looking for mistakes, improper practices for example, so what could it mean for millions of people who already lost their homes? also a treasure trove
8:57 am
8:58 am
when i got my medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp medicare supplement insurance. plus you'll get this free guide to understanding medicare. the prices are competitive. i can keep my own doctor.
8:59 am
and i don't need a referral to see a specialist. call now to get a free information kit. plus you'll get this free guide to understanding medicare. and the advantages don't end there. choose from a range of medicare supplement plans... that are all competitively priced. we have a plan for almost everyone, so you can find one that fits your needs and budget. with all medicare supplement plans, there are virtually no claim forms to fill out. plus you can keep your own doctor and hospital that accepts medicare. and best of all, these plans are... the only medicare supplement plans endorsed by aarp. when they told me these plans were endorsed by aarp... i had only one thing to say... sign me up. call the number on your screen now... and find out about an aarp medicare supplement insurance plan. you'll get this free information kit... and guide to understanding medicare, to help you choose the plan that's right for you. as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't...
9:00 am
and save up to thousands of dollars. call this toll-free number now. a little bit of a brick for investors today after taking a beating the last couple of days. the dow up. it's been hovering up about 200 points or so. we'll keep an eye on that as we await news from the fed today. these are folks who are camped out in oakland, california. the occupy wall street folks who were moved from their even campment from city hall yesterday. today they've called for a city-wide strike. a live report coming up on that story take a look at snow falling in denver, colorado. they got about six inches last night. another few inches today as a reporter there gets ready to do a live report for his station out there. we'll keep you posted on those stories and more as the second
9:01 am
hour of "happening now" starts right now. pwhrafp jon: we begin that second hour with new fallout from fast and furious. hello i'm jon scott. jenna: we've become very familiar with this open figures. i'm jenna lee. two more guns connected with the federal operation turned up in a drug raid in arizona. a disturbing discovery showing that guns from fast and furious are still out there and ending up in the hands of very pad deem. william la jeunesse is live in los angeles with an interesting perspective on this for us william. you were there when the drug raid happened, not necessarily knowing about the drugs that would be found. >> reporter: we had no idea a week later we'd be talking about the very guns. this illustrates why atf agents say you can walk money and drugs but not guns. we joined them for a billion dollar bust of the cartel. they seized 105 weapons, and
9:02 am
according to paul babeau two of the guns were traced to if's and furious, that's where the a t-rbg f knowingly sold weapons to illegal buyers and watched while they were smuggled to mexico. out of 2,000 fast and furious guns hundreds are still out there and their legacy will live for decades. >> the guns are in the hands of the most rye convenient criminals that come into our state, they pose a threat not only to our officers but to our families in arizona. >> reporter: letting guns walk isn't just dangerous, and of course hurts the criminal case as well, just juries don't like it when the government could have acted to stop a criminal, but chose not to, and one agent says he expects to be in court for decades in these wrongful death claims against the u.s. government. jenna: that was in arizona. in the meantime in d.c. you have testimony going on about fast and furious. bring those two stories together
9:03 am
because there's been reaction over the last 24 hours to the testimony in d.c. >> reporter: right, we heard brewer yesterday. i spoke to several agents that are furious with the department of justice and the atf in washington. here is why. brewer basically said, let me give you the perspective. brewer's testimony, the number two guy in the justice department knew guns were being walked and smuggled them to mexico in a second case and said something when. the whistle blowers went public peanut butter months later he left them hanging on a lid. one agent said and i'm quoting. we risk our lives for this job because we believe in the mission. our agents in mexico ride in armored cars, their wives can't leave the house. we've lost friends. when the whistle blowers tell the truth they are marginalized, isolated, retaliated against. what does the agency do? they lie to us. brewer could have stopped fast
9:04 am
and furious. what do they think they are saying in mexico? what about brian terry's family? they don't give a damn about us. on the big take down last week of the billion dollar drug ring one of the guys that was arrested and deported to mexico has already returned to the u.s. caught going 50 miles an hour in a school zone with $1.6 million of heroin and meth in his car. it goes to show shutting these guys down much more difficult than just one raeurbgsd as big as it was. jenna: that is shocking. senator grassley told so*pb sh jon scott that eric holder will be going to the hill for more testimony. thank you for the report. jon: the labor unions are thoeg support behind the occupy movement. the unions endorsing the
9:05 am
protestors call to practically shut down oakland today. that includes the port of oakland. claudia coulclaudia cowan live from oakland. >> reporter: the first of the three days' events getting underway. everyone encouraging people to take off work, schools and banks and bring oakland to an economic halt. i'll show you the main plaza, the epicenter. people are passing off t-shirts, and information about the day's activities. they are going to march a couple miles down to the port of oakland where they want to eup implement a blockade of capitalism. the folks at the port are sympathetic but they say it will stay open for business today. city workers, meantime, they were told that they could take
9:06 am
personal time off if they wanted to participate in any of today's general strike activities. and many are. this has become a broad-based call to action with rallies outside of schools and libraries. certainly banks and corporations, as well as foreclosed homes. jon you mentioned that organized labor is on board but a number of merchants down in this area don't like this protest. they say that the movement is hurting their economic bottom line and they are part of the 99% too. others expressing safety concerns saying will be closed today not out of solidarity but in case violence erupts as is what happened one week ago when police moved in to dismantle this even campment. jon: what about the police today? where do they stand in all of this? >> reporter: police are staging just a few miles away. they are on stand by to respond to any trouble. in the meantime, jon, they are in the middle of a whole new turf war with the mayor of oakland jean quan who has come
9:07 am
under serious fire for her handling of the occupied protest. first she supported this rally, then she ordered police to move in and crackdown on protestors. that erupted into violence last tuesday night. then the next day she reversed course again, told police to back off so protestors would repitch their tents in this public plaza in even bigger numbers than before. yesterday the union representing the rank-and-file officers sent an open letter to the people of oakland slamming oakland administration says the cops are come fused. the county is giving permission to government workers to take the day after. police say they don't like the mixed messages and they really don't like the prospect of perhaps coming face-to-face later with another fellow city employee. back to you. jon: co thanks. hope things stay civilized
9:08 am
there. jenna: lawmakers looking into the obama administration's efforts to promote green energy projects. they are trying to figure out where all the taxpayer money came. among those testifying is a federal watchdog who raised a red flag about the loan program that gave more than a half billion dollars to that company solyndra. mike emanuel is live on capitol hill watching all of this. >> reporter: the hearing before the house oversight committee looked at effectiveness of the 2009 stimulus law and specifically putting department of energy programs under intense scrutiny. the department of energy inspector general says that while billions of stimulus dollars were spent by washington, many state and local communities have not used the money. we've heard over the past year or so the idea of shovel-ready projects. experts say from the department of energy perspective there were few shovel-ready projects. here is the department of energy inspector general on the difficulties of putting this money to work.
9:09 am
>> not meaning to make a joke out of a very serious subject, it's been equated to attaching a lawn hose to a fire hydrant. botthe infrastructure both at the state and local level simply was not there to accept the burden. >> reporter: ot point being made was perhaps the argument that the private sector should decide in terms of investment in some of this new technology, green energy and the ritz being of the government investing and perhaps investing in a looser. this comes in the wake of congress investigating the so linda mess when $535 million of taxpayer dollars were spent and the taxpayer is on the hook for that. here is one expert making the point of using the private sector to do this type of investment. >> it seems to me that we are in a situation where if you can make a profit on doing something through private equity you don't need the recovery act funding,
9:10 am
and if there is not a market for the product the recovery act funding is not going to be enough to create a sustained industry. >> reporter: some democrats argue that of course the government should play a role, that sometimes when you make investments sometimes investments fail, but the bottom line looking into green energy jobs so far, the data from some of the experts today suggested few have been produced despite the huge investment, jon. jenna: we'll continue to watch the story, thank you stphaot president likes green energy skwrofpblts he's urging congress to pass his 60 million kwropb dollars plan to repair roads and bridges across the country. the president made a speech in washington last year, part of his strategy to bypass congress and take parts of his jobs bill straight to the american people. are these tactics completely constitutional? let's talk about it with judge
9:11 am
andrew ijudge andrew napoliano. we got job spurring on monday. forgiveness of student loans on tuesday. can the president do all these things without congress. >> reporter: ronald reagan did it very effective leave. get the american people to put pressure and congress. i don't think this president will succeed in doing this because his policies are wrong and he's out of touch with the american people, but he has the right to do this. the question goes to the constitutional issue. how much of this tk can he do on his own? regret lee congress does allow and has allowed presidents, not particularly this president because the laws were written before he was president to engage in unilateral executive action. so if i barrow money from a bank to send my nieces or nephews to
9:12 am
college and i don't pay that money back, and the government pays back the bank, i then owe the government. question, can the government modify the terms of the loan with me in order to make me vote for the government? and the answer is, yes, when the student loan program came into existence the president was given the power to do this. it has never been done, and so obvious a vote-getting way as this president is doing it, but regrettably congress gave the president the power to do it. it was wrong for congress to do so. it's basically saying, mr. president, you'll decide who has to stick to their original contract and who we'll let off the hook. waoul decide against whom the laws will be enforced and against whom they won't. jon: when he says we can't wait for congress to act he's really saying, congress has already given me the power to do what i want. >> reporter: yes he is with respect to the modification of student loans with respect to the modification of mortgages it's a little bit in the weeds. some of these mortgages are guaranteed by the fdic and some of them are owned by the fdic.
9:13 am
the president really is treading on thin ice when he attempts to modify the terms of mortgages. but there is power in the federal statutes that let's him wade into this area without waiting for congress, because congress authorized his predecessors to do so. jon: judge, always interesting to get your take on things like this. >> reporter: even when the news is not good, it is interesting. jon: it is interesting. jenna: the bank robber with the bad blowout. why the fed want your help catching this guy. take a good look at hair there. also, casey anthony sued in a civil case. we should ask the judge about this. what she did repeatedly during a recent deposition and some key details about her relationship now with her parents and her brother. a live report just ahead. [ male announcer ] this is coach parker...
9:14 am
9:15 am
9:16 am
diabetes testing? it's all the same. nothing changes. then try this. freestyle lite® blood glucose test strip. sure, but it's not gonna-- [beep] wow. yep, that's the patented freestyle zipwik™ design. did it just-- [both] target the blood? yeah, drew it right in. the test starts fast. you need just a third the blood of one touch.® that is different. so freestyle lite test strips make testing... easy? easy. great. call or click-- we'll send you strips and a meter, free. free is good. freestyle lite test strips. call or click today. jenna: new information on some crime stories we're keeping an
9:17 am
eye on. the f.b.i. is looking for your help finding a bank robber known as the bad hair bandit. the suspect known for wearing women's wigs is believed to be responsible for at least six heists in kentucky and tennessee. russian exspy anna chapman is accused of trying to steal more than secrets. impersonation was once her forte. it might be illegal. russian bloggers are accusing her of plagerism after noticing a portion of her newspaper column is nearly identical to a book she didn't write. lindsay lohan is going back to court today and perhaps back to jail as well if the judge decided lohan failed to complete her community service, her probation can be revoked. jon: casey anthony may be in hiding but she is talking. anthony filmed a video deposition in a defamation lawsuit. the judge is not releasing those tapes, but we are learning about what she had to say. phil keating has that live from
9:18 am
miami. phil. >> reporter: casey anthony remains living in hiding somewhere in florida, still serving out probation, and being sued by the real satisfactor senida, fernandez, gonzalez. the story that little caylee had been kidnapped by zanny the nanny turned out to be a lie. the real zenida is suing because of death threats, and losing her jobs all because of the notoriety of being associated with a fictitious kidnaper. casey anthony invoked the fifth amendment 60 times. only answered about 12 questions including six yeses, and i don't know and stating her name. but she kept taking the fifth when it came to details about when she last saw caylee aeu lived. whether caylee truly drowned in
9:19 am
a swimming pool and now she got the nanny's name for the nanny lie. we know that casey had friends at a wh hotel in 2008 where gonzalez applied for a unit, and that's believed how she got her name. they tried to force casey anthony to get around the fifth amendment argument, that is being planned. we did learn from reading the transcripts about the family relationship between casey anthony and her family now that she is a free woman. she has been free from three and a half months. she admitted she has not spoke between her brotherly or her parents, saying the last time she spoke with cindy and george anthony was back in october of 2008. again, where she is, nobody knows, but very close people who are not telling anyone. jon: more than three years since she's spoken with her parents according to that.
9:20 am
9:23 am
. jon: brand-new poll numbers with surprising news for herman cain. he's dealing with accusations of sexual harassment 15 years or more. a poll taken after two days of widespread coverage much that shows cain is breaking away from the rest of the gop pack. rick folbaum as more on that. >> reporter: supporters are rallying around the gop candidate even with the recent
9:24 am
headlines. brad new poll numbers show herman cain surging in south carolina, which is a key early primary state. he's leading the pack at 33%, followed by mitt romney at 23%. the former speaker of the house newt gingrich has 15% there. what makes this surprising is it was conducted over the past couple of days as cain has been forced to respond to those harassment allegations that date back to the 90s. the survey was conducted on tuesday night and that came after about two full days of tv appearances where mr. cain's answers seemed to change a bit from interview to interview. as to whether or not the pollsters think he is guilty of the allegations say they -- nearly a third say that they do believe him, and nearly two-thirds say they do not believe the allegations. back to you. jon: interesting stuff. thanks. jenna: the senate is preparing to vote on the president's 60 billion-dollar plan
9:25 am
tomorrow. this plan is to fix roads and bridges across the country and also create jobs. it is in fact part of the jobs bill. senate republicans will not bulge on their pledge not to impose new taxes. that is part of the way this bill is paid for. so what is next? let's talk to democratic senator jean shaheen of new hampshire. nice to have you back with us. >> nice to be with you. jenna: in the previous parts of the jobs bill as it's been taken apart and tried to be pushed through the senate certain democrats have been behind it. will democrats unite behind this infrastructure bill? >> i haven't polled the other tkepl krafplts so i don't know where peopl democrats, so i don't know where people are. i think investments? infrastructure in schools, and roads, have been bi-partisan in the past and i had a republican
9:26 am
legislature, we worked together to enhance new hampshire's infrastructure. i think it's important in the short term because it puts people back to work, particularly people in the construction industry who have been so hard hit by the recession, and in the long term it makes those investments that are critical for our competitiveness. jenna: senator when you read or do some research on this. not you, when i have done some research on this senator nelson and webb, and those are democrats, they agree with spending money to help build infrastructure. what they don't agree with is the higher taxes. that's what the republicans say is the problem here. so why go back to higher taxes to pay for something like this? is there another way where you could have bi-partisan support? >> well this is not higher taxes on middle class families. this is taxing at two tenths of
9:27 am
1%. if you made 1.1 million you would pay an extra $700 in taxes. i think most americans believe that the top wealthist people in the country can afford to pay a little additional to help this economy grow, to help put people back to work, and most of the people in that income level that i've talked to personally say they are willing to do that. jenna: some say, though, that this is a permanent tax on a temporary stimulus. so this opens the door, so people over a million dollars this year there is a permanent tax on them, and maybe somewhere down the line the taxes go up more to fund it. so do you believe in raising taxes for a temporary stimulus? >> look, i think as part of dealing with our debt and receive sit deficits in this country we need to look at our whole tax structure and eliminate the loopholes. right now we are spending more in the tax loopholes than we are taking in in revenue and they are unfair, because they benefit
9:28 am
some companies, and some companies don't get a benefit. some individuals get benefits and some people don't. so i think it's an unfair tax code. we need to be looking at that and need to address it as part of dealing with our debt and deficits, because we are not competitive right now. we have one of the top corporate tax rates in the world, which we need to lower, but we can't lower that if we are going to continue to provide the kind of corporate tax breaks that we give to some of the largest corporations in this country, that we give to big oil companies. we've got to look at changing that. jenna:ers kin bowls was on the hill talking to the super committee. this is where our conversation is going right now, let's play a little sound and i'll ask you about where the super committee is asked right now. >> i have great respect for each of you individually, but
9:29 am
collectively i'm worried you're going to fail, fail the country. i think that we face the most predictable economic crisis in history. i know that the fiscal path we are on here in washington is not sustainable, and i know that each of you know it. and you see it, because it's as clear as day. jenna: if you look at the jobs bill and the parts of it that are being argued about right now, senator, i just wonder how you take a look at what is happening day-to-day in the senate and see if it actually sets a tone for the super committee as well. do you believe that there is going to be a compromise, a decision by the deadline of november 23rd? >> i certainly agree with erskine bowls that it's very important for the super committee to come to an agreement. i had a hearing earlier this morning and my subcommittee of european appears talking about
9:30 am
the eurozone. one of the persons on the panel says it's very important for the super committee here in congress to come to an agreement to send an important signal to markets not only here in the united states but to markets around the world. i'm part of a bi-partisan group in the senate that has hapb bing that is now up to 45 that wants the super committee to come up with 4 trillion in savings that the similar on bowles commission recommended, and that puts everything on the table, revenues, mandatory programs, domestic and defense spending. i think we've sent a strong signal to the super committee in the senate that we think they should come to an agreement. jenna: maybe that bi-partisanship that you're experiencing there is a little bit different than the ones that maybe were lacking over the jobs bill. hopefully that is the model as they move forward. nice to have you back on the program. thank you very much. jon: let's hope you're not one of those americans who has lost
9:31 am
your home to foreclosure. if you did there is some new hope. what the government is doing that could change everything, next. [ male annouer ] juice drink too watery? ♪ feel the power my young friend. mmm! [ male announcer ] for unsurpassed fru and veggie nutrition... v8 v-fusion. could've had a v8.
9:32 am
9:34 am
9:35 am
connell mcshane here for the fox business network. what are details of this? the timeline of it? what do people have to do to get their cases reviewed? >> this goes back to a big story last year. remember all the foreclosures they took a look at. there were mistakes made in the way these foreclosures took place. whether it took too long or just mistakes in the way they were calculated, all this type of stuff. they said what are we going to do about it and do people need to be compensated? regulators third out eight separate consulting firms. they said to the firms you get all the reviews. you have to get your review in if you think you were wronged by april 30th. the firms will make decision, and decision is final. whatever they say goes. all right, you made a mistake on such and such foreclosure and you get x, restitution or money reward. jenna: won't get the house back? >> no, well, it depends. if it is a foreclosure ongoing they will put a halt to it. we'll wait here for a while. we'll let the review take place. then we'll decide what to do. a lot of these already happened.
9:36 am
they will review it. there may be some sort of monetary restitution. maybe money needs to be paid to these people that were wronged. >> who pays that money. >> well the federal government most likely. the regulators, let me back up on that. that depends on what these consulting firms say but what they will probably say is that the banks have to pay the money. in other words the banks made a mistake in processing the foreclosures. so they will --. jenna: these are big banks involved? >> yes. they're facing lawsuits for a number of other thinks as well. this is one other thing on their plate. they say to the banks, you made a mistake with this and pay out however millions or billions of dollars to the people that were wronged. jenna: one of the complaints on different analysts of the housing market we're continuing to delay the inevitable. you know, for example, if one person out of 100 gets their home saved or compensation because of this, great. if not, 99 homes are delayed a foreclosure need to happen so we work through this mess. >> yeah. jenna: how does that work without with this new plan?
9:37 am
>> there are a couple of different arguments. hopefully it will speed the process along and get it out of the way. one of the many things, you're right, hanging over the housing market, we didn't have a resolution to this. we knew it was out there. from the banks point of view there could be some sort of risk to them. they may have to pay billions and billions of dollars. same banks settled hundreds of millions of dollars of lawsuits for fraud and several things last few months. hopefully from the bank as point of view this gets this out of the way. obviously for people who were wronged in this process they might deserve some money back. jenna: real quick. we got a note from the federal reserve. they have a decision. they're not changing rates. they are not going to do anything right now for the economy. what do you think that means? >> i was reading their statement, you're right, literally came out a few minutes ago. the big debate in the federal reserve. there is not much they can do. interest rates are at zero. they can buy bonds and keep other interest rates low. they're already doing that. the fancy name is quantitative easing.
9:38 am
probably will do it again most people will tell you. what they said we'll not do it now. doesn't mean we won't do later in the year and early next year. that seems betting from investors. we might get another round of this, this bond buying. basically stimulus, early next year. jenna: so the federal reserve staying quiet. the government is getting more active trying to resolve questions in the housing market. that is where we stand today? >> housing is still a mess. that is where this whole thing started. jenna: connell. thanks very much. jon? jon: it is not even april but folks in one state are being forced to think about their taxes especially if they didn't pay them. rick folbaum with more on a list you do not want to be on. rick? >> reporter: jon, that's true especially if you live in rhode island. back in '03 the ocean state passed a law. this law let's the tax administrator of the state post a list of the top 100 delinquent taxpayers as we look at beauty shots of rhode island. these are people who have the biggest unpaid tax bills who are beyond three months past due on their tax payments.
9:39 am
if you're in danger of being on this list, the state gives you a head's up. they did that in august. about 150 people responded and paid up. netting the state, about a million and a half bucks. so not bad. maybe, this is idea, jon, the federal government might want to think about. according to irs as of end of fiscal year 2010, the balance of reported unpaid federal taxes was about $330 billion. and wouldn't that super-committee in washington like to get their hand on some of that? back to you. jon: beats cutting some things they might have to cut if they don't get some answers. all right. rick folbaum. thanks. jenna: now for an update on a story we first brought you back in may and we had a ton of viewer reaction on this we wanted to update you what happened. a bill to help protect the health and safety of peace corps volunteers overseas passing in the house a unanimous vote 406-0. how is that for bipartisanship. this bill borne out of sharp criticism the piece corps is
9:40 am
facing a habitual cover-up by the organization of rape and sexual assault of its volunteers. one volunteer was raped while doing work in africa in 1991 and returned home to find little support or even acknowledgement that the crime happened. i spoke to her on "happening now" about why this bill is so important. >> the peace corps has tried to address this issue before. one of the women who testified tried to make changes in the '80s. my rape was in the '90s. over time good intentions directors have tried to reform. however there is rule in the peace corps, people have to be out in five years. there is no institutional memory. we really need legislation to cement changes so that these things don't happen in the future. the peace corps has been given chance time and time again to reform itself and it hasn't been able to. jenna: the version of the bill approved by the house is already passed in the senate. now it is heading to the president's desk to be signed into law.
9:41 am
as we mentioned, jon, bipartisanship on that bill going into law, well, fairly easy. hopefully changes to come. jon: that doesn't happen very often in washington these days, that's for sure. tight security in a number of ports in the western part of the country after several shipping containers explode. what authorities think is behind all this. and he is the only republican in president obama's cabinet but transportation secretary ray lahood does not have high praise for his party these days. he joins us next to explain why he calmed some members of his own party, obstructionists
9:44 am
9:45 am
get to the that as well as jobs bill. are both parties to blame here? >> well, look it, we need a jobs bill and we need to put americans to work, and it is going to be very easy tomorrow in the united states senate for republicans and democrats to vote to put their friends and neighbors to work. to put people to work in good-paying jobs building infrastructure. i hope they all put, put me and put what i've said, tomorrow is an opportunity for them to disclaim and disavow what i've said. pass the american jobs act. put americans to work, and, you know, then we'll be able to really help people. jenna: some republicans as well some democrats hey listen we like to do that but we don't like the way bill is funded and raising taxing on those making more than a million dollars. i like to get your thoughts on what congressional budget office, say a nonpartisan group. when you look at $50 billion bill, only $4 about is spent in the first year.
9:46 am
so how shovel-ready is this bill really. >> jenna, within two years of the time we got the $48 billion in economic recovery, we created 65,000 jobs with 15,000 projects. we did it in two years. $48 billion. it can be done. we proved in the last two years, we can do it. that's the reason this bill, $50 billion, will put thousands of people to work in the construction season next year. everybody in america knows somebody who is unemployed. every family has a family member unemployed. the time is now, to get america back to work. the opportunity is tomorrow. we want the senate to pass the american jobs act and america will go back to work. jenna: let me ask you about what the republicans say. the republicans say, we have another idea. let's take the highway bill and extend that. that is a bill that is already paid for, through the taxes on our gasoline when we fill up at the pump so one has to see higher taxes. if we extend that that will fund the same projects that this infrastructure bill
9:47 am
could fund. what do you think about that? >> the opportunity is tomorrow for the american jobs act. if congress wants to pass a transportation bill, a five-year bill, we're for that. we've been pushing. we've been pushing congress for the last year-and-a-half to do that. we've gone 2 1/2 years beyond the last transportation bill. but tomorrow is the real opportunity, tomorrow's the chance to pass the american jobs act, put americans to work and then pass a five-year bill. we're for both of them. jenna: and then what? what happens if, it doesn't pass? >> then america goes to work and roads and bridges are built. look, transportation has always been bipartisan. this is a chance for congress to for the first time to really step up and say to the american people, we're willing to set aside differences. we want to put friend and neighbors to work. we can pass the american jobs act. we can pass a transportation bill. do it all. jenna: do you care how it is paid for? secretary lahood your enthusiasm is addicting got to tell you.
9:48 am
let's pass everything. we'll put everybody back to work. some they say, listen you can't pay for this with higher taxes. republicans said repeatedly and some democrats we won't not pass this because we will not raise taxes. are you for the bill if it is paid for in different way. >> i'm for american jobs act. i'm for putting americans back to or work. this is nonsense. if they don't like the way it is paid for, find another way to pay for it. the time for debate is over. the time for putting people back to work is now. the bill is on the floor of the senate tomorrow. vote for it. if you don't like the paid for, come up with another pay for. the american people are ready to go to work. we need to get the economy going. the quickest way to do it is pass the american jobs act. jenna: you are consistent on that message, sir the we appreciate the time today. can't blame you for that. >> thank you. jenna: secretary lahood, thank you very much. >> thank you. jon: this may be my favorite story of the day. gold, and treasures buried
9:49 am
9:52 am
jenna: now some new information on stories we're watching for you across the united states and around the world. and washington state a string of exploding shipping containers prompting emergency procedures at ports there. there is no word on the cause. one theory is, it isn't the cargo but faulty coolant in refridge straighted containers. wikileaks founder julian assange losing a legal battle to stay in england. a judge ruling he will face extradition to sweden for questioning on sex charges. one of my favorite stories
9:53 am
of the day, jon. one of most fame mous stores in the -- famous stores in the world, macy's flagship store in new york city undergoing renovation. it will be hole to the world's largest shoe department. jon: oh, no. you're not going to spend anytime there, are you. jenna: no, never. jon: here is my favorite story of the day. have have you seen this on cover of latest "national geographic." a treasure trove from the dark ages discovered in central england. the largest collection of an glow saxon gold and silver ever found, buried under a farmer's field apparently for more than a 1,000 years. who put it there? carolyn alexander, author of a new book from "national geographic", lost gold from the dark ages, is our guest. this was discovered a couple years back, caroline. walking around with metal detector. apparently british are big on metal detectors. he hears a ping and what does he find? >> he finds what everybody
9:54 am
dreams of the glint of gold in the sun light. according to his report, he bent down and the objects were virtually on the surface, the first of them. and he saw gold and garnetts. beautiful works that had not seen the light of day for 1300 years. then he went back over five years and, excuse me, over five days and unearthed what turned out to be a hoard of very beautiful and very mysterious treasure. jon: i read the article and i find it fascinating. i don't know much about mid evil history. apparently the romance pulled out of the british isles because their forces were needed back home. and all sorts of invaders came in. it is thought that these treasures are, essentially from some of those invaders. they were basically battle decorations huh? >> yes. many people forget how many waves of up traders england or britain has seen and these tribes came in as the
9:55 am
romans left and around 650 ad, somebody of one of these saxon tribes deposited this treasure in the ground and it is all, one of the most striking things about it apart from the beauty is that it seems to be with two or three exceptions, all military gear. sword hilts, parts of swords, missing the blades. this has led some people to believe and, and i am one of them, that this is a ritual offering, meaning that there was some circumstance, maybe a victorious battle, where treasure was stripped and deposited as a offering to the gods. in other words intentionally buried and not to be retrieved again. jon: how much is it worth? >> well, in today's market, officially some $5,300. that was assessed under
9:56 am
england's very peculiar treasure laws. 5 million $300,000. they have to make compensation to the discover earlier and landowner. jon: the guy gets half of that. >> he gets half of that, yes. jon: well, good for him. a lot of people running out to buy metal detectors, i'm pretty sure. >> it is a big passion in england. jon: there is a gentleman who found $5 million worth of thousand-year-old artifacts buried in a farm field in england. caroline, a fascinating story. thanks for sharing it with us. >> i'd like to point out that people can see the treasure here in washington, d.c. at the "national geographic" exhibition hall. it is the biggest display. even bigger than anything done in england. jon: i'm there. we'll be right back. caroline thank you. >> thank you.
9:59 am
215 Views
Uploaded by TV Archive on