that's it for this week's show. thanks to my panel and especially to all of you for watching. i'm paul gigot. hope to see you right here next week. more democrats turning away from the white house and crossing the aisle to suggest changes to obama care. good afternoon, everyone, welcome to america's news headquarters. glad you're with us. i'm greg jarrett. >> i'm arthur neville. it's over the botched rollout of the troubled health care law. the white house insists everything will be just fine butp democrats in congress are feeling the heat back home. as of last night, more than 5 million americans have received insurance cancellation notices leaving them in a state of limbo. molly heninburg live in

washington with more on this story. >> they're hearing from those constituents and that might be part of the reason 39 house democrats voted for a republican bill, the upton bill that would allow americans to keep their health insurance plans. even if they do not meet obama care standards. that vote was yesterday. one day after president obama announced his administration would craft a fix to allow people to keep their health insurance. still, those 39 house democrats likely feeling the pressure from their home districts broke with the president, broke with their leadership and voted for the upton bill. >> what has to drive my votes as a doctor for someone who really understands health care is what's best for american patients and then as a representative of a district, i really have to be responsive to my constituents. >> arizona democrat ron barber who also voted for the upton bill told politico obama care is a, quote, huge bill, over 2,000 pages.

they're going to be unintended consequences. going to be things we don't work. i'm about fixing things that don't work. even before the vote, republicans predicted that the bill would pass with bipartisan support. >> democrats recognize that the president made a promise and he needs to keep that promise. he needs to keep his commitment. listen to the american people. and deliver on that promise. >> but one house democrat who did not support the upton bill says people who not read too much into the 39 democrats who voted with the republicans. >> it means that, what, fewer than 10% of house democrats -- or 220% of house democrats didn't stand together. >> the white house says the upton bill goes too far because it allows insurance companies to sell plans that don't meet obama care standards to people who didn't have those plans previously. therefore, the president would not support it. arthel and greg.

>> molly heninburg, thanks, molly, for that report. what is the political fallout from all of this? how will democrats recover from it? what can republicans take from all of this? our panel is going to be here to debate it in just a few minutes. stay tuned.

tonight, of course, they are thankful for so much, even though they have so little. this could be, they say, probably the deadliest typhoon in philippine history, with casualties exceeding 5,000. there are dozens more who see and treat life as a second chance. where were you when the typhoon hit? >> our house. >> bang, his wife julie and two sons live in the coastal town of

balo. he works at a local hotel. >> we can go out there because very strong wind. >> wins more than 100 miles an hour hit around 5:00 in the morning. the surge came several hours rather. destroying the first four houses. bang lives in number five. then the water was right here? in a matter of seconds? >> because of the two or three big waves. >> we were just praying the whole time. >> did you think you were going to die? >> yes, yes. >> the family ran upstairs and braced themselves inside a small bedroom. >> because of the strong wind, i have plastic -- we cover here. we lie down here. roof is already gone. then the ceiling. >> crashed on top of you? >> so you survive because you had the mattress on top? >> yes, yes.

>> others were not so lucky. across the street, next door and down the block, dozens didn't make it. the hotel where bang works destroyed. >> what is going through your mind? >> i say god, thank you for the second life. >> like everyone, this family is struggling with the basics. the food and the water and the shelter. they're going to probably muputn a new roof. he indicated a lot of the aid that was piling up at the airport, that is now finally -- that bottleneck is bein alleviated because they didn't have any trucks. many were overturned. they didn't have any fuel. that of course thanks largely to pacific command and the u.s. c-130s. that is now being pushed out into the city. we saw food lines at some trucks. that's a good thing. the one shortage that they are having is they can't find enough workers to take care of the dead. back to you. >> some limited improvement. we'll continue to check back

with you. we have new video showing the aftermath of a deadly bombing, kabul, afghanistan. if you take a look, you can see several vehicles mangled by the blast. at least six people were killed. more than 20 wounded. the explosion occurring hours after afghan president hamid karzai announced the final draft of a security deal with the u.s. and targeting the site where thousands of tribal leaders will gather next week to discuss that deal. if approved, the agreement will allow american troops to remain in the country beyond 2014. we're learning some new details now on the investigation into the ben gatghazi attack. at least 5,000 personnel asked to sign a second agreement. those five individuals reportedly did not feel pressure to sign the document but some considered it quite odd because it was not standard practice, as

their original nondisclosh ush agreements were still in effect. that attack on september 11 of last year killing four americans including the u.s. ambassador chris stevens. the fbi reportedly warning several government agencies that their computers may have been compromised. it says hackers from the group known as anonymous exploited a flaw in adobe software to steal sensitive information. the memo from the fbi says the breach involved personal information and even bank accounts in computers at the u.s. army, department of energy and other agencies. a child who was apparently quite a handful and that may be redundant apparently a prosecutor is not buying it. >> i said, return a child? what are you talking about, return a child? is there a return to sender stamp on these children? >> probably not. and now a couple of parents in

big trouble with the law. >> yeah, we'll have that. plus our political power on the mess that is obama care and the fallout in congress. some democrats getting nervous about their jobs. forcing the president to play cheerleader in chief. >> you know, i am very frustrated, but i'm also somebody who, if i fumbled the ball, you know, i'm going to wait until i get the next play, then i'm going to try to run as hard as i can. [ woman 1 ] why do i cook? to share with family. [ woman 2 ] to carry on traditions. [ woman 3 ] to come together even when we're apart. [ male announcer ] in stuffing, mashed potatoes, gravy and more, swanson makes holiday dishes delicious.

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planning to pursue child abandonment charges against a couple who turned their adopted son over, saying he was too much to handle. and remains found believed to be the missing family that vanished in 2010. investigators believe they were murdered. washington state lawmakers agreeing to give boeing $8.7 billion in tax breaks through 2040. that's bleached to ebelieved t largest break for a company ever. attempting to commit them to a new production line in the state. the company is threatening to take predictioduction elsewherea contract dispute with its machinist unions.

facing the fallout from obama care. more than 5 million people across the country are getting cancellation notices and that number may grow. throw in the problems with the website itself, skyrocketing premiums, lost jobs, some democrats up for re-election are getting really nervous. even as the president workins t prop up the affordable care act. >> because of the problems with the website, you know, some folks have been blocked from seeing the well-priced, you know, benefits that are available in the marketplace. so we're working 24/7 to get it fixed. >> democrat senators must help republicans pass legislation to limit the damage of obama care. if not, those who choose to ignore the plight of millions of americans should be replaced next november by those who will act. >> let's bring in our guests.

good to see you both. how is the president's fix any fix at all? because he's simply delaying by one year the millions of angry people who are getting their health care canceled, then paying more for their plans. is the president panicking because democrats are in open revolt? >> his fix is more of a fixation. this is what's fascinating. it's kind of coming to people only over the last few days about why did he let the website unful unfurl, even though they knew it was not going to work? the issue is that without that, the insurance companies would not have canceled individual policies. and if your goal is -- they keep talking about the "just 5%." in this country, that's about 15 million people. we think the goal was to destroy

the individual market for that, quote, just 5%. if you, in fact, did not let the website rollout, those policies would not have been canceled. what obama's doing is trying to get more type. he believes, and i think he underestimated the american people and overestimated the media's assistance in this regard and i think it is a general panic. >> maybe he didn't understand the promise he was making. the backlash it would bring. democrats joined, as you saw yesterday, republicans in passing the upton bill. the senate landrieu bill which would order insurers to offer exist plans in perpetuity. both bills undermine the central goal of obama care, of forcing healthy people on to the exchange plans that subsidize the sick. so is this what the president's false promise has wrought?

>> the web site problems and the cancellations are two totally unrelated issues. i think the democrats are on the defense because the website has been such a disaster. two, because the president's promise, which he should have corrected the record a long time ago. three, i think because the white house has not done an effective enough job on the communications. the fact of the matter is, you can't get around this, for 97% of americans, there's no change in their current situation or they're going to get a much better deal. for 3% of americans, only 5% of americans buy their insurance through the individual marketplace. half of those are going to get a better deal now because of the way the law is structured. the 2% or 3% who are going to see increase, effectively what's happening with them is their policies need to be updated to be comply ainiant with the new because their policies are effectively junk policies. i don't think the white house has made a good enough job -- >> -- employers, 20 million employers are going to start

dropping their employees. tammy, let me go to you on this one -- >> we've seen very little evidence of that, greg. >> that's because you had a one-year delay of the business mandate. wait till that expires. >> 90% of employers already provide insurance. >> they'll have to start dropping them because they'll have to comply with the enhanced benefits. instead of admitting he misled millions of americans, the president went out there and blaine blamed the insurance companies. then had the temerity to ask them to bail him out and word is most of them said forget about it, too late, can't do it. if they do do it, a delay on pushes the premiums higher. when you think about it, there's no way out. >> that was a hail mary pass and it shows you a general lack of leadership. he did not consult with them. this was just an effort to get maybe some of the democrats in congress a little bit of an edge. but when it compaes to what the arguments are and the lines are,

the means, if you will, the talking points, the biggest problem president obama has now is people don't believe them, that there have been lies and there's also a question now about his ability to lead and his own credibility. no matter what democrats say about what's transpired, nobody's listening now because nothing that's been said so far has been true. >> you bring it up because i want to show julian a couple of polls. these are new julian fox news polls. they show most people think, let's put it on the screen, most people think the president lied, deliberately lied, when he said you can keep your plan. the next poll, almost 60% think his administration knew all along that people would get kicked off their plans. now, of course, since then, we have discovered documented proof the president did not all alone. how damaged is his credibility and will americans now be reluctant, julian, to believe anything he has to say? >> i would say their credibility

is damaged. i think the president should have corrected the record a long time ago. i would say his numbers are still far, far, far better than are the republicans or any republican leader. so he's there. i think the president's numbers have been down before. the president has had approval ratings down in to the upper 30's in 2011 and 2012. and he bounced back quickly. i think genuinely these things are episodic. they stick in people's minds during the weeks when you have controversy. in general the public does trust. whether you like him or not on his policies, i think the public does regard obama as fundamentally. >> the only problem is obamacare may not be episodic. this may be a long national nightmare. we will wait and see. tammy bruce and julian epstein thank you very much. >> thank you, gregg. >> coming up a businessman in trouble with the law for showing his patriotic spirit. we will tell you why this proud american is now fighting city hall.

welcome back, a georgia business owner cited for showing his patriotic spirit. the owner of c.j.'s hot dogs near atlanta says his restaurant is dedicated to police, fire and military which is why he put the flags up three months ago. but yesterday a code enforcement officer told him to take them down. >> i was just floored. i called the guy and asked what they were floor he said i'm in violation for my flags flying above my restaurant. >> a city administrator called the owner and told him the ordinance he was cited for was too vegas and needed to be rewritten. for that reason the owner is asking the citation be be thrown out. >> yeah. the old vegas -- vague and

ambiguous citation. all right. in cities around the country, the government reghtses will be limiting the number of taxi to operate. per noits operate in new york city, for example, get, this they have to be sold for about a million bucks. but new technology does allow people to get around those outdated rules and run their own car's services. so, is that a good thing? john stossel take as close look at a new report, war on the little guy. >> your lift has arrived. >> thousands of people already do that. thanks to new cell phone technology that let's ordinary car owners offer people who want a ride open an application, this one is called lift. others include side car. they press a button and that flags a nearby driver. in this case, me. >> we got one. >> lyft makes this drivers put ridiculous mustache on

our cars. it's a gimmick person who wants a pickup spot the car. i also have the passenger' phone number. >> your destination is on the left. >> and his name. tim? >> unlike normal cabs, lyft invite passengers to get in the front seat. >> welcome. >> welcome, thank you. >> is this your first lyft. >> my first lyft, yeah. >> where are you headed? >> he signed up because it's cheaper than taxis more than 20% cheapers. >> i have friends use them and they raved about it. >> you can watch the entire war on the little guy with john stossel tonight at 9:00 p.m. right here on the fox news channel. we'll be right back.

>> and welcome to america's news headquarters. glad you are with us. i'm gregg jarrett. i'm arthel neville. concerns about the affordable care act so-called navigators hired to help people enroll. who are these helpers and you can trust them with your confidential information. >> the government turning to european healthcare providers to treat a meningitis outbreak right here in the u.s. seven college students in need of help but the vaccine not available. >> also, police officers have launched but police dogs the argument for and

against canines in the classroom. we begin with democrats in congress jumping ship by the dozens after the bungled rollout of obamacare. breaking with the presidential party line and joining republicans is suggesting changes to the affordable care act. the white house keeps saying to be patient. but, first, it was the disastrous web site and as of last night, more than 5 million americans have received insurance cancellation notices. those people back home vote. and democrats know it. molly henneberg is life in washington. hi, molly. >> hi, arthel. looming midterm elections often have a way of getting a lawmaker's attention as do those health insurance cancellation notices going out to constituents. so, 39 out of 192 house democrats voted for a house republican bill, the upton bill yesterday which would allow americans to keep their health insurance plans even if the plans do not

meet obamacare standards. one california democrat who voted for the bill says democrats have to be flexible as the law takes effect. >> what we have to do is take the things that are working, continue to build off of that. but then we have to be open as a party for those things that aren't working to be ready to identify them and fix them and make them better. >> some house republicans say they expect to see more defections by democrats on future bills related to obamacare. >> when the employers start canceling their employer based healthcare plans and putting those people in the exchanges, it's going to get worse. the democrats own this law. it is a turkey. it is a lemon. and it is just a question of time before a lot of democrats wake up to that fact. >> president obama launched a preemptive strike on thursday before the vote on the upton bill yesterday. and said his administration is trying to fix the problem and allow people to keep their health insurance

plans. he also talked about the does trust rollout of obamacare and its effect on democrats. >> i feel deeply responsible for making it harder for them rather than easier for them to continue to promote the core value that i think led them to support this thing in the first place. >> the upton bill probably will not make it through the democrat controlled senate. but if it were to get through, president obama likely would veto it because the bill also allows insurance companies to sell plans that don't meet obama care standards to people who did not have those plans previously. arthel? >> molly henneberg, thank you very much for that report, molly. >> president obama's healthcare fix creating a whole lot of confusion out there while those who have their policies cancelled may be breathing a sigh of relief. insurance companies and state regulators well, they

are not quite sure what to do next. elizabeth prann reporting from washington. elizabeth? after meeting at the white house friday now have the broken promise sell back insurance plans to customers who received cancellation notices. daunting feat seeing as insurance companies answer to state regulators they cannot reinstate plans without the governing body's approval. a number have already rejected the president's proposal saying it could raise premiums it would be a huge undertaking, hundreds of thousands of policies have already had cancellation notices issued to the policy holder. undoing that, putting the toothpaste back in the tube if you will would be a very very difficult thing to do. >> the "the washington post" reporting so far states are split. florida, north carolina, ohio, kentucky and texas, for example, have said insurers can sell back plans, rhode island, vermont, and washington state will stay the course.

states such as maryland and kentucky are still weighing their options but the white house says many will follow the president's orders and the administration is confident in the fix. >> he feels responsibility for taking steps to fix the problem for those individuals to make that transition smoother to allow insurance companies in states -- and state insurance commissioners to ensure that they can renew their policies. >> remember, they don't have much time. december 15th is the deadline to purchase a plan in the new insurance exchange for coverage beginning in 2014. gregg, back to you. >> elizabeth prann in washington. elizabeth, thanks very much. >> so, gregg, one of those elements of obamacare rollout that has basically flown under the radar, the so-called navigators they were hired to do just that help people through all the red tape. who are these people with access to your private information? >> so a convicted felon could be a navigator and could acquire sensitive personal information from an

individual unbeknownst to them. >> john fund is the columnist with national review magazine. john, good to see you. >> thank you, arthel. >> so what about these navigators? is the problem john they have are not been properly vetted and they have access to hyper sensitive information? >> well, federal background checks are common we hire federal workers. 2 million background checks there. we have 20 million background check as year for gun owners at the federal level. the census, which was taken only three years ago employed 1.4 million people. every one of those had to go through fingerprinting and a background check but not the navigators. the only response secretary sebelius said is if the states want to have a background check they are free to try that this is not good enough. the former commissioner of social security michael says that h.h.s., health and human services has sent a bunch of navigators into the community and there is a chance, a pretty good chance some of them will turn out

to be predators rather than navigators because they could sell that data that they have access to to identity thieves. >> what are some of the other possibilities of cuter breaches, john, for instance exposure to identity theft? >> hackers. we now know that the obamacare healthcare.gov web site didn't pass a security test. it got a temporary certificate in order to open on time on october 1st. but, there are people and memos who say openly this is not secure. so much so that "consumer reports," which is the most respected consumer magazine in america has a free three word response to people that say should i use their web site? don't go there. >> how do you know if you have been exposed to cyber danger by logging on to healthcare.gov? >> we don't know. now, the good news is, because it's so difficult to get on healthcare.gov the identity thieves and has

beeners have so frustrated because few people have entered information into the system. that's going to get better. november 30th the administration's deadline or some future date. people will be accessing the web site more and more. that means exposure to hackers and identity thieves will grow exponentially. >> i want to ask you, john, is it difficult though to identify web sites legitimately related to the affordable care act. searching for skeeter breaches. maybe you can tell us if there are other types of affordable care act scams related that a buyer should be aware of? >> that's an excellent question. if you mistype a web site on your computer you probably notice some other web site that will come up that has nothing to do with you but is almost spelled the same. there are over 700 shadow web sites that if you type in, you know, healthcare or obamacare or something like that. you might get that web site and that may ask you tone roll. it's not going to sell you insurance but may sell your address to some email marketing company at the

best or worse sell to to identity thieves there are a lot of people out there who are going to be accessing healthcare web sites that actually have nothing to do with enrolling in insurance. >> you have don't know phantom site. >> if you buyer beware it may be too late once you find it out. >> is the damage irreversible is there any way to protect yourself if your sensitive information has been exposed? >> well, there are certain programs on television that may help you. but the bottom line is secretary dianne feinstein, the chair woman of the intelligence committee, the senate, a democrat from california, went to the white house and said, these security concerns are so serious you need to shut the web site down until it's absolutely redone. the white house said. no there are impairives that mean we have to keep the web site up. i think those are political impairives. the white house is playing politics with the privacy and healthcare of the american people because they don't want the embarrassment of shutting down the web site for a period of time until they get it right. >> so, john, i mean, of the

519 some change people who have applied through healthcare.gov, we are talking about the federal run exchange, i mean, their info is in the data base. are we talking all of that being at risk or portions of it or no way to tell because, i mean, we don't want to foster widespread fear. >>. no well, there have been no there have been some glitches and incorrect information. minnesota released 2800 security numbers of people even before the web site went up. that was a mistake. but, we don't want to take the risk because the memos we get from inside the department of health and human services say this is a very high risk operation. and we don't want to take these chances my view is they should take down the site. when it finally gets security certificate. right now operating under a temporary security certificate. does that make you feel safe and good? >> john fund have to meet it there. thank you so much on this

saturday afternoon. >> greg, i wanted to take you now to the philippines where delayed emergency aid is finally flowing to some parts ever of the typhoon ravaged country reaching desperate families more than a week after that typhoon made landfall. a killer storm being blamed for 3633 deaths, more than 12,000 people, however. more than 1100 people are still missing. william la jeunesse is there streaming live from outside the city. >> the president is scheduled to visit the disaster area tomorrow. many we have spoke to have been sharply critical of the government's initial response, the lack of food and shelter and tents. in fact, a columnist for the manila times said and referred to the administration's response as, quote, an uncoordinated fumbling embarrassment. the u.n. says 2 million have been left homeless by the

typhoon. many have taken to living in abandoned cars. others are camping out in local schools. now, this morning, we were approached and asked if we had a printer. i had no idea why. turns out they wanted to copy photos of their loved ones. and now the posters are going up around the city of those individuals. now, the mayor has said about 1200 of the missing. many were likely taken out to sea and will never be found. we were told there was one victim whose body was found 15 miles away from where the typhoon struck. now, we all know too often we take the basics in life for granted that we only appreciate things more when they are taken away. for millions of filipinos they are living out that nightmare and that experience. this is one man whose family was trapped by rising water. they escaped. they also survived a roof collapse because thanks to it a mattress. while they will rebuild his house, he says, is he looking to the future but now he appreciates what he

has. >> god thank you for the second life i didn't mind our house, what happened to our house and the most important we are complete. >> in these kind of disasters, of course, we usually focus on the fatalities as well as the scope and scale of the disaster itself. one of the quiet heros here greg has gregg, the u.s. military and initial stages. they really responded, especially with air lift capacity as well as with the philippine air force getting supplies at least to the airport. now we know trucking capacity and the fuel to get those supplies into the community. the u.s. military has brought out now about half a million pounds of food and has evacuated about the equivalent of 300 c 130 flights moving people here into the more secure areas. back to you. >> that is good news.

william la jeunesse in the philippines. william, thank you. helping those affected by the typhoon is a click away. we have compiled a list of aid groups that are taking the lead in the recovery and rebuilding effort just head over to foxnews.com. and you will find it. fire from a chevron gas pipeline explosion keeping residents from returning home. a drilling crew punctured the pipeline located south of dallas on thursday. they have been working to extinguish the flames since then as evacuation orders have remained in place for more than 700 residents. a chevron pipeline manager apologized on behalf of the company. lots of action coming for the miami dolphins but not on the field or even in the locker room. the bullying scandal surrounding jonathan martin and richie incognito may move to the courtroom. >> also, the nation's biggest bank paying billions to try to make the bad news

go away. what does that mean for j.p. morgan and the rest of wall street. >> and voters in toronto may be wondering what they were thinking when they elected this guy as their mayor, oh yeah. we are going to tell you about the latest move of the city council after aftershocking revelations [inaudible] how mu protein

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>> welcome back. time for a quick check of the headlines. china easing up on a strict policy allowing just one child per family. the communist party will now allow couples two children if one of the parents, probably the father was an only child. toronto city council voting to strip embattled mayor rob ford of powers. the city's disgraced leader still resisting huge pressure to resign over his drinking and drug habits and other erratic behavior. also rescuers have likely found the body of a florida man who either fell or jumped from a small private plane off the coast of

miami. >>? the who is who of u.s. military leaders gathering today for the reagan national defense forum. addressing the future of our military and our national defense. dominic dinatale is live from the reagan library in simi valley, california with the latest, gregg. >> hey, gregg, yes, the debate of the day is u.s. a s. posturing towards the asia pacific china expected to be the dominant military power in that region by 20205. the concern is just how military orientated the chinese are going to get. well, they are spending as much as 10% of their g.o.p. on expanding their military and that has got the u.s. concerned about how stable the region will actually become. this is what somebody on the reagan national defense committee was telling us about how much the threat china could be. take a listen.

>> china is growing their military at a pretty significant rate. they are spending on the military is growing beyond 10% a year. and the united states military and our national security need to understand how we can manage china who on the military side at times operates like a competitor, make it an actor in the asia region that is complimentary to our interests. >> compliment interests is very hard to compliment when they are developing missiles being deliberately aimed at attacks the u.s. fleet in any confrontation. the ballistic missiles they have been working on have a range of between 500 and 800 miles that will be fired from the states of taiwan at u.s. aircraft carriers in the pacific. the debate today has been the u.s. is not ready to actually deal with a threat like that. the weaponry we currently have these days can't deal with these weapons that can travel at 4 to 6-kilometers an hour. that is extraordinarily fast and faster than anything the

u.s. has. and, of course, with the sequestration up to a trillion dollars of defense budget could be cut in the next 10 years. it's very hard for how the u.s. could actually develop anything to mitigate that. that's the debate today. gregg, back to you. >> all right, dominic di-natale in simi valley, california, thanks. >> the largest bank paying billions to settle claims it sold shaky mortgages to investors. what does it mean for the other titans of wall street? m c. it's not the "fumbling around with rotating categories" card. it's not the etting blindsided by limits" card. it's the no-game-playing, no-earning-limit-having, deep-bomb-throwing, give-me-the-ball-and-i'll-take- it-to-the-house, cash back card. this is the quicksilver cash card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. so let me ask you... at's in your wallet?

the hits keep coming for the nation's largest bank. j.p. morgan chase agreeing to pay $4.5 billion to investors over mortgage backed securities that went belly up in 2008. that's on top of a 13 billion-dollar deal with the government, j.p. morgan came out of financial crisis with

a golden reputation. so what happened? here is michael seymore now president of private wealth strategies. mike good to see you. >> thank you, arthel. what was the date used to get these investors object hook in the first place? were the investors blind sided or did they know what he they were getting into. >> if you want me to tell it you, you know, maybe a bedtime story once upon a time the chinese had billion dollars and billion dollars of dollars of orders on wall street trading desk do buy a.a.a. rated securities. and the wall street firms, of course, we don't want to disappoint the good fairy of china. so they made lots and lots of these securities. got the security ratings to rate them aaa. many investors because the market was so brisk this these securities thought they are good enough for the good fairy of china and all those billions maybe they are good enough for all us, too. that's what happened. had you a huge demand. when you have huge demand, prices go up supply gets

created to fill the demand all of a sudden when demand stops and dries up everybody owns them. we all know from economics when demand goes away and supply is high, prices have to go way down and that's exactly what happened. >> well, michael, so the payouts, will they make the investors hole? -- whole. what percentage of what they invested will they get back? that is the best question that i was thinking about this morning at the end of the day let's face it, 4.5 billion plus 13 billion plus 8.5 billion plus 9 billion from bank of america this is a lot of money to be sure. at the end of the day there are going to be trustees that are going to oversee this. a lot of this money is going to institutional money managers. and what that means is that many of those are the people that own the mutual funds that people like you and i purchase and that people in the normal people purchase.

so, how much of this is going to trickle down to the mutual funds. how much is going to trickle down to the people that own the mutual funds at that time. normally arthel there is a process in place. but, how much is going to be lost along the way to attorneys and others remains to be seen i think. >> you mentioned the people. is there a chance that a homeowners might get some money, some payout from these settlements? >> well, you know, that's -- let's remember at the end of the day we are talking about these settlements are being made as the results of the selling of these mortgage backed securities which were rolled into financial instruments that money managers purchased and then they blew up. these are not settlements directly related to

mortgages. >> let's talk about now the impact. the residual effect on this aspect of the banking industry and the ways of wall street as a whole. >> well, you know, listen, at the end of the day arthel as you know, i have got almost two decades in the financial services industry. including 10 of them with a major wall street firm where i was a senior i have seen the toxic waste stirred up in wall street. there is two things can i tell you for certain. until a ceo or a president of the board of directors gets thrown into prison, barred from securities industry and all of their personal wealth taken up until the compensation structure has changed so people that make huge bets with other people's money are compensated if their bets work out until those two things happen the level

of supervision, level of risk management is never going to be where it needs to be. >> michael, you are saying then the chief executive of jp morgan we are talking about jamie diamond his personal assets will be untouched is what you are telling me? >> well, i think, look, i do like jamie diamond a lot. i don't like many on wall street but i do like mr. diamond only because is he one that has stepped up around said look, what's happened has happened. all of these bankers are going to make the case and you can certainly make the case that when the underlying stock of these banks plummet and wealth tied to that their overall wealth suffers. at the end of the day if somebody's net worth goes from $100 million to 50 million, i mean, that's a little different than most people, i think. >> so, quick answer, is j.p. morgan going to be run out of town, out of business because of all of this? yes or no? >> no, absolutely not.

j.p. morgan has sufficiently annualized this situation. they have reserved adequately against this. no, they are certainly not going to be put out of business. >> $23 billion cushion for litigation reserves. michael, i have to go. apologize for cutting you off. i have got to hand it over to greg now he has a legal panel standing by to discuss some interesting stuff in the football league. stick around and listen to that one for me. michael seymore. >> i certainly will. thanks a million, arthel. the legal action is certainly heating up in the miami dolphins bullying scandal. jonathan martin and his attorney meeting with nfl investor ted wells yesterday, afterwards martin spoke to reporters, take a listen. >> today's meeting consistent with my commitment to cooperate with the nfl's investigation. it's my experience as a player on the miami dolphins. although i spent -- i went into great detail with mr. ted wells and his team i do not intend to discuss this matter publicly at this time. i do, however, look forward to speaking direct whether i

stephan ross, tom garr fink kel and the organization at the appropriate time. this is the right way to handle the matter. beyond that i look forward to working through the process and resuming my career in the national football league. >> meanwhile, the man at the center of martin's bullying allegations, veteran lineman richie incognito filed a labor grievance against the dolphins because they suspended him. here to sort out all the legal fallout fox news legal analyst mercedes cohen and kirsten wilson. i should say at the outset your law firm represents jonathan. it's improper to bully in the workplace the nfl locker room. the rough and tumble of football. it ain't your average work place, is it? >> you are right but this is where the lines are crossed when you start talking about racial epitaphs and say i'm

going to gang rain your sister. when you start now being physical with these individuals with martin and attach ago racial epitaph. that's where it's no longer horseplay. that's where there is a is violation of the law that's why this has all come forward. >> title 7 the fact that you can't work in a work place that is racially hostile. hostile work environment. we have all been through that type of training. i happen to litigate that type of case. >> kirsten, what do you think? >> i think you are right. mercedes is certainly right. nobody has to work in a environment where they are subject to racial pep it as the. training she has mention weed have sat there and the antithesis we are given this isn't a place that you act like do you in the locker room. we are now asking these people to overlap the two situations. >> locker room hazing back and forth that gets really

rough is legendary in the nfl. you go all the way back to the famous what was it 1960's try out for the detroit lions. and the hazing that he endured was hilarious and brutal. and it's been going on ever since. >> this is what is reported. it's uncontroverted. we haven't heard what incog any tote is going to say if these allegations are set forth in a formal setting. calling martin an fen n word and we are going to rape your sister over and over again when it is that pervasive. >> charlie march sin is probably not the lone ranger. probably a lot of guys who get hazed and verbally abused. it's not barney and baby bop in the locker room, you know. these are seriously big tough guys. >> and incognito says that he certainly did much of

this he also says this was the manner they behaved in. they are friendly on top of being co-workers with the miami dolphins. they also have said this the first they have ever heard therapy actually offending martin. >> isn't it funny that incognito should say well, we are all friends. this is how we behave towards each other. incognito was a larger than life figure in that team. if you want to fit in the miami dolphins you may fake that type of closeness just to survive in that environment. >> you know, i don't know about allot about incognito if you go on the web man, boy, he allegedly has a horrible reputation of being abusive towards people. >> this is true. but he also was chosen by his teammates to be part of a leadership council for the team. >> right. >> so how do you juxtaposed those two situations where he has a reputation for bullying bullies get ahead unfortunately. >> it's not kindergarten where you go to the

principal and complain. again, you go on the internet there are a lot of people put the name jonathan martin cry baby comes up a million times it. folks have saying at what point in time as a 24-year-old do you grow up and confront the guy who is bullying you and talk to him about that or go to management and talk to them about it. >> well, i mean that's a great point. you know, gregg, finally and the fact that others are saying suck it up, martin, this is what comes with playing with the miami dolphins, outrageous, not true and frankly he did speak up but it got to the point that it became overwhelming. that's why he came forward. that's why these allegations have been aired. how many other people were abuse weed don't know. this is the tip of the iceberg. >> how much bigger of a way you can come out than going public in the suit. >> why not intercede with the team in intermeet adstuff. >> maybe in the long run this will change the behavior of everybody in the

nfl for the better. >> hopefully. >> great point. >> mercedes cohen, kirsten wilson thank you very much. >> good to see you. >> interesting discussion, guys. meanwhile as we are approaching 50 years since the assassination of jfk. we go in-depth serving for truth to what really happened on that day that changed american history. catch fox news reporting 50 years of questions the jfk assassination is hosted by bill hemmer airing tonight 9 p.m. right -- 10 p.m. on the fox news channel. >> mother of a fighter firefighter who died battling a huge fire. says their negligence led to the death of her son and 18 of their colleagues. what she is now seeking next. >> and the potential deal reportedly in the works over iran's nuclear program. will it go far enough to keep israel safe? what is known about this possible deal straight ahead. getting the right nutrition isn't always easy.

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fighting orders causing the death of her son and his 18 fellow crew members her claim asks for $12 million each for the city of prescott or a $12 million settlement if they agree to pool the money together in one lump sum. >> reports today that negotiators are closing in on a deal with iran over its controversial nuclear program sometime next week. the deal would roll back parts of iran's uranium production which they claim, of course, is for energy only, not weapons. but, some are quite afraid that the obama administration will go too soft on iran putting israel directly at risk i'm joined by aaron david miller a vice president of the woodrow center in washington. former advisor to six secretaries of state. it's also a pleasure to speak with you, sir, thanks for being with us. >> pleasure, greg.

>> reportedly the obama administration is going to be offering the following deal and let's put it up on the screen so the viewers can see it point by point. first, stop nuclear weapons grade fueling that is to say uranium enrichment at 20%. convert the stockpile to an oxide, not usable in weapons. the next one would be limiting operating centrifuges. halt the reactor and finally more expansive united nations inspections. in exchange for all of that, aaron, the u.s. will provide significant sanctions relief. good deal or bad deal for the u.s.? >> you know, look, my view here is there are no good deals. the question is whether there is a deal that's good enough. and the issue is good enough for what? good enough to test over the next six months whether or not negotiations can reach an agreement, comprehensive agreement that would fundamentally prevent, stop,

degrade, and set back iran's programs so that it would be virtually certain that over time the iranians could not produce or have a nuclear weapons capacity or weapon nice. that's the key here. is it good enough he let be be clear. no one should be breaking out the shane bottles or putting on the party hats over. this the best you are going to be able to do is to put time back on the clock. if the iranians want to abrogate the agreement, six months, a year from now they have mastered the technology, the fuel cycle and demonstrated that they in fact can produce a weapon. and unless you can change the inquiz tiff character of the tehran, seems to me that at best, greg, at best you are buying time. now, is that good enough? that depends where you sit. washington is good enough. jerusalem,.

>> if you are sitting in jerusalem and tel aviv it's not good enough if you listen to netanyahu. the israeli prime minister thinks this is an awful deal. i mean, he claims it still allows tehran to develop nuclear weapons while breathing life at the same time into the iranian economy by lifting some of the sanctions. isn't he right? i think in part, yes. the question is whether or not it will buy you. while you test the proposition that you can get an agreement that's far more determinative here if enrichment occurs at all, it's at a level that simply cannot be converted into bomb grade fuel. >> below 20%. >> well, well below if, in fact, can you degrade and make it impossible for the iranians to continue their centrifuge capacity. and if you can make it absolutely clear that there is no other path to the bomb

through plutonium at the iraq plant then maybe, who knows, you could actually get some certainty into this. but, let's be clear, had the shaw not be overco-mainy in 1979, iran would have been a nuclear weapons state already and we probably would have acquiesced in it these countries that are profoundly vulnerable and have a sense of entitlement they want these kinds of weapons. we are never going to be quite sure that iran nor can we expect that iran will ultimately give that up. >> saudis apparently are trying to buy nuclear weapons from pakistan. but, look, how county united states be sure that iran is not pursuing some other clandestine operation to develop nukes within the country. you were talking about the spinning centrifuges. they can be spinning them

elsewhere. for example, the fordo complex they hid that thing for a long time. we didn't know about that for years. one wonders about the other ones we don't know. >> i'm from missouri. show me. any intelligence analyst will tell you it's a lot harder to find out what the other guy is trying to hide. look, if you are looking for maximum assurance. 100% certainty, you are really not going to find it it unless you can change the character of the regime's intentions. remember, our problems with iran go well beyond the issue of its search for a nuclear weapons capacity. >> right. >> we have 150 people have been execute interested in that country since rouhani took office. we have major problems with iranians. question is, at the end of the day, is it good enough to buy yourself another six months where you know iran's programs are not being

advanced in the most troubling aspects of their nuclear program are essentially being frozen or retarded? is it good enough to test the proposition that you can get a comprehensive agreement? again, as an american, i live in chevy chase circle in washington, maybe. but don't expect the israelis or the saudis or the uae, you know, to be celebrating on this one because it's highly imperfect at the end. >> and would you bet that the israelis in the end would take military action, a tactical strike to at least further delay the creation of nuclear weapons in tehran? >> i think if it proves and they have their own intelligent sources and we have ours, if proves that over the next 6 to 8 months the iranians are not adhearing to the terms of the agreement and the most troubling aspects of their program, are continuing, the answer is yes. but, keep in mind, you get an agreement with the p 5 plus 1 sanctioned by the united nations it's going to

be awfully hard for any power to oppose it. let alone take military action. that's the real problem for the israelis. >> netanyahu would have to have a lot of provable evidence. aaron david miller, always good to talk to you, sir. thanks so much. >> take care, greg, always a pleasure to be h >> >> well, coming up, they say they are man's best friend. how about a kid's best class made? we are going to tell you why your kids may have dogs joining them in the classroom. that's up next on fox news. by the end of the day, my dogs were barking.

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police dogs are used to the combat criminal activity at airports and other places. new push to use trained canines in the classroom to keep our kids safe. some safety experts don't think dogs are the answer to school security. brian llenas live in our new york city with more. hi had, brian. >> hi arthel. canine for kids nonprofit program offering our schools and colleges trained canine at no cost to patrol hallways and provide violence. the founder says dogs are better alternative to more guns, cameras and alarms in the. trained canines smell the gunpowder guns and pet at

the traitors get a chance to begin violence sprees. >> i think canines provide a softer, general alternative to gahanna. i'm sure there are some teachers out there that are qualified to handle a gun. but i think forcibly asking them to do so put our teachers in bad position. >> christie says there is no concern to be concerned with dog attacks or allergic reactions. kids won't get that close to the dog. trained dog during active shooter situation could be sent to attack a gunman. >> sending a dog to a gun fight is a very bad thing. you may get lucky and turn out five fine. but, if anything, it could give that time for 10 more kids to get away. you know. or five more kids. if saves one life it will be worth the money. >> the national association of school safety and law enforcement officials says while dogs are useful for random drug and weapons searches are unpredictable and may instill fear in

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