this evening. let not your heart be troubled. greta is one studio over. so stand by for on the record. greta, take it away. >> tonight we got hit. the crisis rocking economies around the world hit home. the dow nose of drive. second worse drop this year. and wad financial news slams our banks. moody's downgraded credit ratings for five of the large banks. what did is mean to you? that's minutes away. and it can happen anytime now. the supreme court will decide the fate of president obama healthcare law. but bain is not waiting. he has a stern warning for his fellow american lawmakers. you will hear what he has to say about the healthcare law and it may surprise you. but first, the firestorm mast and furious raging out of control. first he invokes executive

privilege and then he votes yes for contempt resolution against eric holder and today, well, watch out. it's getting worse. capitol hill is getting downright dangerous. they come out swinging at everyone in their path. >> the decision to invoke executive privilege is an admission and the white house officials were involved in decision that is misled the congress and have covered up the truth. >> the attorney general of the united states is the person responsible for making sure that voter suppression does not happen in our country, that issues that relate to the civil liberties of the american people are upheld. these very same people are holding in contempt are part of a nationwide scheme to suppress the vote. >> the house will vote next week on a contempt resolution unless these documents that we are looking for are in fact turned over. this is about get to go the

truth to the american people and the terry family. it's not good personals here. >> once again, they are going after eric holder because he is supporting measures to overturn voter suppression knish tills in the states. this is no accident, it is no coincidence. >> a member of the house overnight committee, congressman tray -- how you are you, sir? >> good to see you, greta. >> do you believe the attorney general or the president of the united states is hiding something? >> they have to be. i was talking to my daughter tonight and i said honey when you make a good score on a test you can't wait to tell me but i have to pull it out of you when you don't get a good score. we volunteer good information. if these documents exonerated the attorney general or the department of justice he would

have given them to us ate months ago. it doesn't take a smart lawyer, and the good news is i am not, it doesn't take a good lawyer to determine something is there in. >> you don't want to go down a slippery slope f the documents are indeed protected legitimately by executive privilege that i don't want to have that privilege pierced just because they are asked for. that there is some need to have this executive privilege to protect communications. are you unconvinced that this is a legitimate use of that privilege? >> well, there are several different forms of executive privilege. the one that is most absolute would be close advisers talking to the president himself. we know that didn't happen because the attorney general said he never discussed it with the president. the president said he's never discussed fast and furious. i take them both at their word. so the highest level of executive privilege is not at play here. then you move to what is called the deliberative process.

the letter level of executive privilege which frankly, greta, is as weak as water. the only thing we have to prove is that the documents are relevant to an investigation that may involve wrongdoing. we can convince the dnc of that. there's not a jury in america we couldn't convince of that. so executive privilege, talking about national security secrets, the president being able to rely on the advice and counsel of his closest advisers, that's not at play here by their own administration. the third point i would raise is this. if executive privilege were so so sacred, why did they wait 8 months to return the s&p? why wait until ten minutes before we start the markup on contempt of congress if it's such a wonderful, valid defense? >> i'm going to ask our next guest, who is a democratic member of congress, so let me ask you, as well, pelosi said that this vote for contempt is a

republican plan to suppress the vote. her theory i guess is that you are trying to get the attorney general of the united states and that he is aggressively going out there fighting a suppression of the vote. your response to that? >> you know my friend allen west said the race card was the last card in the deck. i think former speaker pelosi has opened up a new deck and has found the 2 of clubs. i could not believe it when i heard her saying that. is that all you have to come back with? is that the best you can come up with, is that we got together in this grand scheme to suppress votes and i'm sure she didn't say southern states but that's what she meant. it's really beneath the office of a member of congress to say something that outrageous, and the fact that she was once the speaker is mind numbing. i honestly, and i have her a lot in my 16 years as a prosecutor,

i couldn't believe the words coming out of her mouth. but keep in mind, greta, this is the same woman who said she would have arrested karl rove any day she wanted. so i don't know what was wrong with her yesterday ordered to or whenever she said that, but i would schedule an appointment with my doctor if she thinks that we are doing this to suppress votes this fall. that is mind-numbingly stupid. >> i'm going to ask our next member of congress who is also a former federal prosecutor like you. here is what i don't understand. this murder occurred 18 months ago. the justice department said they are investigating. what in the world could take 18 months to get answers for the terry family? what could be so complex or complicated they don't know who authorized it or how high up in the government that they knew about it? >> nothing. two times ago when i was privileged to be on your show you just walk down the halls of

the department of justice and find out who the highest level official was who knew about gunwalking or approved the investigation. it would take you or i i suppose about an afternoon to find out. now there's been a change in the inspector general. we went from an accounting inspector general to a fully confirmed inspector general, but greta, there have been continents of that shifted in less time that it's taken us to find out some pretty simple questions. i asked the question yesterday, whose the highest rankling official that new about gun walking? how did it get approved? how did a demonstrably false letter get delivered to congress and senator grassley? why did it take you ate months to withdraw the letter? those are not complicated questions. i'm left to conclude sadly, i might add, they are beholding something or covering something up. there's no other explanation than something in those documents will be embarrassing to the president or the attorney general. >> would it be worse than

embarrassing? you have seen a whole universe of other information. we are all sort of left in mystery now. we are sitting watching what is going on. is it possible it could be more than just embarrassing because there is something worse than embarrassing, there would be some wrongdoing? >> i sure hope not. and greta, the world that i come from, i have to have facts. i have to have evidence. i have seen no facts or evidence. i do know this, the longer you remain silent, the longer you don't turn over documents, a presumption begins to build that you are beholding something. that's human nature. that may not be a legal presumption but that's a common sense presumption. if there was nothing in these documents, they would have given them to us. if executive privilege were so sacred, they would have invoked it ten months ago. to wait ten minutes before we start a mark off? they still haven't told us which documents are privileged. if the president has nothing to do with it, and greta, i'm

convinced that he did not, frankly. i don't think the president had anything to do with fast and furious. i'm not sure eric holder did. which then leads to a conversation about whether he should have known about it. but invoking executive privilege, not turning over documents, if there were nothing in this discovery or production that was damaging, why would they not give it to us? >> would you be agreeable, sort of an effort to resolve this, because the liens have now obviously been drawn in the sand, would you be agreeable if the attorney general of the united states says, okay, the chairman issa, you and anyone else you want from your side ever the table and anyone from the democratic side of the table, you can come up with the department of justice and you can review these privately. we aren't going to give them to you but you can review all these documents, the specific ones you want privately. you just can't disclose them. would that satisfy you? >> no, ma'am, because that evening when chairman issa or jason or myself were privileged

ton on your show and you asked us what did you learn, and i have to say, well, greta, i can't tell you. you just have to trust me. this is not just an exercise to satisfy my cure i don't sayty. i asked asked questions in south carolina every time i go home. you will ask me questions, brian terry's family has questions. the notion we are going to keep this information in a small circle of members of congress, i don't want to see the wiretap applications. i don't want to see documents that could impact a prosecution or an ongoing investigation. i have no desire to see that. the circumstances surrounding the drafting of a false letter, that has nothing to do with a trial or a prosecution. i will also say this, i don't know which one of my colleagues is coming on after me, and washington is such that it doesn't allow folks to cross the line very often. i would hope in matters related to criminal justice, and i hope i've proven to my colleagues on the other side, this is not a political exercise to me. if the attorney general were republican, i would be on your

show saying the exact same thing. turn over the dad-gum documents, they aren't privileged. this is beggar than politics. you have a dead border patrol agent. our relationship with mexico is impacted. thousands are documents are unaccounted for and our country's fingerprints are on them. >> i hope you will come back soon when this gets sorted out. thank you. >> thank you. >> and today jay carney fiercely defending his boss and going a few rounds with the news media. >> how did this operation come about? it originated in a field office during the previous administration. it was ended under this administration by this attorney general. >> the operation fast and furious began? >> the tactic began in the previous administration. >> but the operation. >> okay, but -- the tactic began in the previous administration, and it was ended under this one. >> as you i think have perhaps

more than others are given the interest in this, your network knows that the administration, principally the department of justice, has cooperated extensively with congressional investigators, provided extensive documentation. the administration has even provided documents related to an interested in whether or not people in the white house new of this operation at the time and provided that -- provided that -- let me finish please, ed, and provided that last fall. >> my underring is the inspector general of the justice department has gotten tens of thousands of pages. i think the number is 70,000, 80,000 pages. how can you say every page has been turn over if congress has gotten about ten percent? >> i think you are engaging in selective listening. what i did say was every page related to the fast and furious operation. and that is what is at issue here. >> and now senator chuck grassley taking on the press

secretary. in a memo late tonight senator grassley writing carney's statement that the administration has provided congress every document that pertains to the operation itself is hogwash. senator grassley also saying the accusation that i have motivated by political scalp is baseless. >> nice to see you, senator. >> nice to see you too. >> do you agree with leader pelosi the republicans are using contempt as a means to suppress the vote in november? >> you know, i certainly agree that the republicans are using this as an attempt to discredit the attorney general and discredit his work. not only on this issue, but also on a vote of suppression on a whole range of issues. the same committee members that are leading this charge have been leading the charge, attacking him on a whole range of things. whether it's part of a broader scheme, i won go there. but frankly i think the most important point is that this is

a -- just another partisan political tool that is disexacting us from the important work of not only finishing the actual investigation into the agent's death, but also dealing with this horrific level of gun violence and this mutually destructive trade we have with mexico where they ship their drugs north and we ship our guns south. >> in your former life as a prosecutor, if you were provided with faults information, wouldn't that not spike your curiosity? >> absolutely. i think the investigation was perfectly appropriate in its origins and it's perfectly appropriate to try to get to the bottom of the fast and furious. but greta, we've gone way past that. >> let me ask something else. >> yeah. >> your curiosity is spiked. if you wanted the information, wouldn't the next step be to ask for it or s&p it to get that information as a prosecutor? >> it would be. but when the other side says okay here's the documents, here's all the documents

contemporaneous with the operation you are interested in -- >> you will accept that? >> we will go beyond that. we will go beyond the 8,000 documents that you have asked for that we have given you. we will also in an unprecedented fashion give you internal deliberative communications if we can reach an agreement on this. we are willing to meet you more than halfway. >> explain this to me. here's the way i look at it. congress has subpoenad these documents. the congress said they want documents 1 to 10. the department of justice says, look, we are going to give you 11 to 10,000. >> and they say no, we want 1 to 10. >> and they say you are going to have to have 11 to 10,000. that should satisfy you. >> shouldn't they get the documents they have asked for to satisfy their cure i don't say city because previously they have been given false information? >> and the committee first started out asking for and threatening contempt in grand jury materials weren't turned over and then they realized that was a baseless claim to make and

then they said we want wiretaps. and they have to walk back from there. no matter what the justice department turned over and no matter how much they bent over backwards the committee doesn't want to take yes for an answer because what the committee really wants is they want the fight. i'll tell you how the fight will end because we've seen this played out before. they will take this up on the house floor because the conservative base is really demanding this. it's going to be approved on a party line vote just like in committee and then they are going to sue in court. you know what is going to happen with the suit? it's going to be settled. you know what the settlement is going to be? the attorney general's office is going to turn over the very same documents they offered to turn over right now. >> here's what i don't understand, though. i really don't understand. they have made a specific request by subpoena for a certain universe of documents, right? >> they started out asking for a world of documents. >> whatever they narrowed it down to. they had a specific universe. >> right. >> has that specific universe of

documents been provided by the department of justice? notice the other ones they are offering up but the specific ones of that been requested. >> well, greta -- >> is it a yes or no? >> the answer is it's been a moving target. because every time the justice department gives them what they ask for they ask for something more. >> but -- >> greta, greta. >> i'm going to -- >> what they are saying right now is we would like internal deliberative documents that took place of a fast and furious ended. and here -- >> but i tell you, recent why they want that. >> get you a, let me finish. >> but that's because it's a lie. it's a lie -- not lie, maybe false information or negligence or whatever but that spiked their curiosity and they want those other documents. >> and that's appropriate and the letter was a mistake and the department went and gave the documents that went into how that letter came about and how the agency heads that were responsible for that operation gave misinformation to the department. that has all been provided. but greta, you can't take the

position -- >> i don't mean it -- here's where -- i can almost put both sides in a room. i would like to put both sides in a room and say republicans, what documents do you want? and then turn to the department of justice, are you willing to provide these tick documents? and you have to stop moving your goalpost unless something happens in these documents that gives reason, spikes more curious city, maybe there is. that's what i don't get. >> i think if you have reasonable people in a room together, they could easily resolve this. and they would agree that, okay, some additional documents will be turn over and some are legitimately covered by the privilege and we will agree that those should not be turned over. the problem is we don't have reasonable parties in the room and the problem is that the desire here among the committee leadership and among the house leadership is for the fight. and if the desire is for the fight -- >> forget the fight. forget the fight. >> there is nothing you can do to resolve it. >> i think how a judge would resolve it, and you are a former prosecutor. and congressman gowdy is that remember foreprosecutor, the judge would turn to one party

and say what documents do you want and turn to the other side are you willing to provide these specific documents? not thousands of other pages but these specific. that's where we are. >> that's exactly what is going to happen. >> all right. >> but it's going to happen months from now and the documents, the department will agree to turn over they are the same ones they are offering right now. the reason it's not resolved is both parties have to want resolution and right now one party wants the fight and that's why we are at loggerheads. >> i hope you come back. >> one final -- one final point, greta. one final point is the republicans have to concede that there are circumstances where the executive privilege is justified. >> you know what, congressman? >> and they can't make a responsible claim that this must show the president is somehow implicated. that's simply nonsense. >> we will go right on. come back. there's a lot to talk about. >> excellent. you bet. my pleasure. >> straight ahead, shock waves from the world economic crisis hitting u.s. shores, the dow plunging and our nation's

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>> the dow nose dived and in the matter of hours the markets jeep overseas. it isn't justify the stock

market, today we learned new disappointing job numbers and in the last few hours moody's downgrades five u.s. major banks. what does it mean to you? so what does it mean for everybody? >> it's not good news. you hear now perhaps we aren't going to have recovery in the economy for quite some time. what we saw today was bad news on housing, bad news on manufacturing. the jobs market was not good either. the weekly jobs up 2000. about 387,000 for the week, that's not positive. we have the banks getting downgrade at the end of the day by moody's. 15 banks, including five big ones. really bad news, and on top of it in the middle of the day goldman sachs told its client to sell stock. >> if you are in my hometown of appleton, wisconsin, and you are watching and you have a family of three, the husband and wife both work and you hear this news, what does it mean for

them? are these just like numbers or is it a real impact on them? >> the economy will have a real impact on them and particularly the jobs market. , you need to save for retirement and putting it in stocks makes sense if you are investing for the long haul, absolutely. but mortgage rates are at a new low. all-time low since the 1950s. >> everybody's house is under water so it's tough for that rain. >> go to a small bank. some of those folks are out there reguy because they want the business. that's an option for some people out there. but you have to hang tough. if you have to keep your job, you have to keep your house, at some point this will be over but i have to tell you we will have to ride it for a while. europe is a strong headwind for this economy. >> europe is a problem for us. to what extent, president obama, can he do anything to rectify this because europe is creating a lot of problems for us? and that's not the president. >> i think behind the scenes, the administration is doing all they can to try to stabilize what is going on in europe. but you are right, they aren't

pulling the levers and the switches over there, it's just not happening. we around going to write them a big check. the imf doesn't need a big check. they already have like $800 billion. there's not much we can do about that. we will lose some exports. that's not good news for the economy. we have to wait for them to get it together and it may be a lock wait because they may never do that. >> grim news. thanks for staying up late. >> thank you. >> now february, 2009 stimulus bill. one of its projects ad billion dollars for the renewable energy field. the goal, to create jobs. so how did that work out? byron joins us in new york. how did we do with the $9 billion expenditure or renewable energy. >> doing great as long as you consider $2 million a job a return. we've had many of these energy department programs that were in stimulus where the administration spent billions of dollars, especially on green energy projects, and the job

production figures have just been almost miniscule. the government has spent millions of dollars to create each job, and that's what we have in this new report. >> so it seems to me with this investment there are two things looking for. jobs wanted, and doesn't seem we are doing particularly well for jobs. $19 billion jobs that cost $9.8 million each. but the other, the actual product sort of like leaps and bounds we developed renewable energy that relieved us of our dependence on foreign oil. has it at least paid off that way? >> here's the deal. there's a new study by the national renewable energy laboratory, part of the department of energy. it looked into a program called the 1603 program, which was part of the stimulus. and in the past the government would encourage things like solar energy or wind power with investment tax credits.

and congress said, well, since we are in this economic emergency let's give direct grants. let's give money straight to these companies to produce solar and wind energy. and what the study found is that they did create temporary jobs. no doubt about that. between 50,000 and 75,000 jobs, however you want to down it, between 2009 and 2011 but those were temporary jobs. then the report studied how many permanent jobs were created? it could be as few as 900, which would be that $9.8 million per job or as many as 5,000 which would be a relative bargain at $1.6 million a job. the point is these green energy jobs are extraordinarily expensive, no matter how you count it. >> who put the study together? those are terrible numbers when you look at the numbers for job creation. to what extent can we put faith in this study or is there any sort of bias built into it or should we be suspicious of who

did the study? >> this is the obama's administration energy department. i think they would certainly want to put their best foot forward. it was done by computer models so i suppose people can quibble with it. but we've had studies in the past of other programs, some of them in the stimulus, in which billions of dollars were spent to create relatively few jobs. this has been kind of a common feature of a lot of green energy programs the last three years. >> stunning news. $9 billion for 910 direct jobs. i would rather have the $9.8 million for each person. but thank you. >> thank you, greta. >> coming up, no one knows what the supreme court will decide but if it strikes down obamacare most republican lawmakers would be dancing, wouldn't they? so why is speaker john boehner telling them not to celebrate? we will talk about that next. and a blunt message for senator john mccain. are they fighting words? you will hear them and then you

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remain out of work, health costs continue to rise and small businesses are struggling to hire. obamacare has contributed to all those problems. repealing it completely is part ever the solution but is only one part. good evening. >> good evening. >> that was a little bit of a political theatre because he puts that statement out and then suddenly we get one from leader pelosi. did the republicans need that warning from the speaker? >> well, i think it sets the stage and puts the priorities on the table and what the speaker's priorities are i think are the priorities of the american people. don't rush to judgment, don't throw something together like barack obama and nancy pelosi did on this healthcare bill. think through it and make sure we can preserve the best healthcare system in the world and tackle the real problem which is the rising cost of healthcare. the president doesn't want this campaign to be a referendum on

obamacare. if he did, he would be out there bragging about it but he's not. i think the republicans will be ready for anything. whether the supreme court throws the whole thing out, throws the mandate out, maybe they don't do anything. whatever the case is, we are going to be focused on making sure we are pointing out to the american people that america deserves better. this president didn't follow-through on the promises he made to the american people and we're going to focus in on jobs and the economy and what we are really talking about is the very health of the united states of america when it comes to the economy and that's what we need to be focused on. we are focused in on the future of america. >> i can tell you that the acrimony on capitol hill is alive and well. it's still growing. let me read you the statement from the other side of the isle from leader pelosi. she said it's a sad day when republicans continue to cheer against the health benefits americans are already enjoying while running out the clock on the economy and pursuing policies that are dangerous to a

thriving middle class. no one except perhaps out republicans actually believe they are focused on the economy. so i think the leader of the democratic party has a very different view of what is going on than the republicans but it demonstrates the level of partisanship on capitol hill. >> but it is also the level of hypocrisy and the fact that nancy pelosi would rather whistle past the graveyard than focus in on what is really important in this country. if barack obama had accomplished just one-third of the promises he made to the american people we wouldn't be in the ditch right now. maybe she should focus in on the debt that's out of control, maybe she should focus in on the deficits that weren't addressed. nancy pelosi ought to get to work and actually help pass a budget that hasn't happened in this country in over three years and it didn't happen when she was in control and harry reid was in control. they haven't done their jobs. i think 23 nancy pelosi could be in charge of the democratic party and make this a referendum

on obamacare across the country, she thinks it's so great, then make it election on a referendum on obamacare and see who wins. i feel pretty good about our chances. >> it's almost a dirty little secret among lawyers about this healthcare law. if you told me what you wanted in terms. the result, i could write you an airtight decision supporting either side. i know everyone is really divided on this, but we really now have nine justices that will make the zig, and people always complain about judges legislating, but these nine justice less make a decision whether the customers clause is this wide or this wide. there's no scientific formula, no law, it's what they happen to think how broad the commerce clause should be. it will be fascinating to watch. this is one of the most interesting legal cases and it also has create such political division in this country. and meanwhile the american people really need healthcare and we need to resolve this for them. >> well, first of all, europe doesn't work in europe.

europe doesn't going to work here. i don't disagree with it that it will probably be a close decision. but the idea you are going to force americans through the federal government to buy private insurance is something that i personally as a lawyer, and i know you are a lawyer, too, i just can't see driving that truck through the commercial clause and making that happen. it will be a close decision. >> but that is sort of a policy in how you view the commerce clause but someone else might view it very differently and may accept the argument that because many people will not, not everyone is going to end up in the commerce of medical field, but because so many will. i don't know how they are going to decide. >> that but the fact that you are breathing doesn't mean that the federal government has a right or the authority under the constitution to force you to purchase insurance and force small businesses to buy the insurance for their employees. i mean this is part of our problem, greta, with this president. >> i'm going to take the last

word. but if they throw out the mandate i don't see how they can help but throw out the several statute because there is no severe ability clause but we will see what happens next week. thank you. >> thank you, get you a. >> he lost the fight but he insists he will get that title. what is it a popular boxer say that? big news in one of the most controversial decisions in boxing history and we will give you a ringside seat. you see this ad and decide if this is going through far. that's just two minutes away. ♪ what started as a whisper every day, millions of people choose to do the right thing. there's an insurance company that does that, too. liberty mutual insurance.

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he changed healthcare for millions of americans, even though they like what they have. he says he will tell iran to quit making nukes and they will stop because he is just that good. he picked joe biden to be his vice president just to show that he doesn't really need one. he wants us to believe no one else in america would have made the bin laden call. he is the most arrogant man in the world. >> what do you think? funny, stupid, wrong or something else? go to our cloud is not soft and fluffy. our cloud is made of bedrock. concrete. and steel. our cloud is the smartest brains combating the latest security threats. it spans oceans, stretches continents. and is scalable as far as the mind can see. our cloud is the cloud other clouds look up to.

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>> live from america's news headquarters, i'm marianne rafferty, a newly released video shows george zimmerman reenacting the fight he had with trayvon martin t. shows the neighborhood watch volunteer at the scene of the shooting a day after he killed the unarmed team. he is telling police that martin slammed his head into the sidewalk and said, quote, you

are going to die before reaching for zimmerman's gun. that's when the 28-year-old said he shot the teenager. hundreds of thousands of dollars have been raised for a bullied school bus monitor. she was mercilessly beaten. they have sent 68-year-old karen cline on vacation. she says she doesn't want her tormenters to face criminal charges. now, back to "on the record." for the latest headlines, go to foxnews.com. you are waffing the most powerful name in news, fox newschannel. in headlines. >> get ready. the stage is set for a rematch. boxes match that sparked a national outcry may go another round after a video review the world boxes organization stunned all of us, changing its mind. the boxes organization now says manny pacquiao should have won

his match against timothy bradley. so what happens next? we went to the boxing experts to find out. >> it is such a ludicrous result that is very, very hard to explain. >> boxing can give you the impression that they are boxes is -- and i'm sure that it's not. >> greta, there's news in the boxes world today. the wbo, who our viewers may recall, appoint add five judge panel to view the controversial split decision in the bradley-pacquiao fight and announced today that manny pacquiao should have won that fight. this does not reverse the decision and give the bout to pacquiao, but it has resulted in a rematch so we spoke to the president of the wbo, francisco, my phone. >> is there any doubt in your mind and the judges whose names have been protected at the wbo if manny pacquiao absolutely won

this fight. is there any doubt whatsoever? >> no. we respect the officials but i'm sure that pacquiao -- the wbo is sure pacquiao won the fight. the only solution is that -- as fighters we allow him to work with both parties and work on the rematch. >> this news has also fueled the fires of the bipartisan fire on the behalf of senator terry reed and john mccain to create a national boxes commission and we may have more on that next week. but with all the book the news we thought it would be good to check in with a man in the center of the story, one who is outraged on fight >> when there is judging and a result that defies all logic and is not what people saw watching the event either live or on

television or on the hbo delay, then it can't help the game. it's not the kind of controversy that instills any type of confidence. and that's why this investigation by the nevada attorney general will help to instill some more confidence. she will hopefully question everybody, including myself. i was the promoter of the fight, although i had nothing to do with choosing the judges or the referee. and she will ask everybody and try to question and try to hold them accountable. then she will make a report, and hopefully that will put matters to rest and we can address ourselves to trying to prevent a terrible miscarriage of justice from happening in the future. >> last question, bob, senators

reed and mccain are proposing a national boxing commission. would you support something like that? >> first you have to say senator mccain and senator reed love boxes and have always been supportive of boxes. and, yes, i would be in favor of a federal boxing commission. but my word of advice to senator mccain is don't overregulate. i mean, you are not barney frank. you are john mccain. and the bill has a place. we need a federal commission, but let's not again overregulate things. >> straight ahead, pay it forward, why is a six-year-old boy sending an nfl player money? and how did the football star just pay him back? start guessing. it's next. and governor mitt romney's sons try their luck at late night tv. how did that go? [ male announcer ] don't miss d lobster's four course seafo feast, just $14.99. start with soup, salad and cheddar bay biscuits

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>> speaking of top stories but here's the best of the rest. $5 billion worth of stolen memorabilia turning up in chicago. it has been missing since the 1970s. an antiques dealer tipped off the fbi and more than 120 items were found in a house basement. items included stolen documents, military medals, and even

letters signed by abraham lincoln and thomas jefferson. tonight they are back in the museum. and a nfl player finds a way to pay back his six-year-old fan big time. a six-year-old didn't want jacobs to leave the giants so he sent him $3.36 from his big big 12 guy bank along with a notes. so you could go to the giants, here's my money. jake sobs was touched by the boy's gesture and this week he paid him a visit in new jersey. and he actually pay the little boy back in interest. he gave him five dollars and signed his helmet. >> and to american football and the biggest lasagne you have ever seen. they are staying in poland for the championship and they are getting five tons of support. polish chefs started budding a 5-ton lasagne to welcome the team. one said he didn't know if the players would actually have any

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