Skip to main content

tv   Americas News Headquarters  FOX News  July 5, 2014 10:00am-11:01am PDT

10:00 am
more border security as well as better processing. stricter rules to enter the u.s. thanks for sharing with us. that's a wrap for me here in d.c. i hope you continue to have a wonderful holiday weekend. i'm uma pemmaraju. make it a great day. hello, everyone. good afternoon to you, i'm julie banderas and welcome to "america's news headquarters." >> and i'm leland vittert. four children are dead following a terrifying row home fire in philadelphia overnight. it destroyed homes and is devastating the community there. >> plus, caught on tape. a california patrol officer beats a woman on the side of a highway. take a look at that. we'll have a live report on this violent confrontation coming up. >> and a possible turning point in ukraine proves they're retaking control of a key eastern city from pro-russian rebels. our military analysts on what
10:01 am
this means for the ongoing crisis. but we begin with a massive influx of undocumented women and children igniting protests in southern california and uproar in border states. the heightened tensions are raising the stakes for all sides in the debate over immigration. meanwhile, president obama is facing criticism over his policies now saying, he is considering executive orders to ease the crisis. doug mcelway with the very latest from our d.c. bureau. >> hi, julie. the imkwrags crisis shows no signs of abating with more b busloads of young undocumented immigrants set to arrive in california. the president has said that the key to fixing the problem is immigration reform. >> if we want to keep attracting the best and the brightest from beyond our shores we're going to have to fix our immigration system, which is broken, and
10:02 am
pass commonsense immigration reforms. >> but house republicans have said immigration reform is dead in this session of congress. just last week, house speaker john boehner spokesman michael steel issued a statement which said, and i quote, the american people and their elected officials don't trust him, meaning the president, to enforce the law as written. until that changes, it's going to be difficult to make progress on this issue. earlier this week, white house press secretary said the president has asked congress for more funding for adding immigration judges, asylum officials, i.c.e. attorneys and prosecutors and bringing on additional facilities. but it will do nothing about the problem of the lack of enforcement at the border. >> the president's approach to fixing the immigration issue where people are running acontrols the border is the equivalent of putting more water in the ninth ward of new orleans right after katrina. if you have more immigrants than you can handle then the one
10:03 am
thing you can't do is just say, open the floodgates. >> the president is scheduled to leave for texas next tuesday night for three fund raisers. but as of now, he has no plans to visit any of those overburdened immigration fassel is it. >> thank you very much. leland? >> the city of philadelphia in mourning after a fast-moving fire swept through a group of row houses. dozens of people are now homeless, and there are four dead. >> this is a tragic, tragic day for the city. we lost four children today. >> those children have not been identified by name. but an official reportedly told the philadelphia inquirer they include twin 4-year-old girls and a 1-month-old boy. no word on what caused the fire or how many other people were injured in it. the california highway patrol vowing to carry out a thorough investigation after a cell phone video shows one of its officers, get this, i can't even believe what we're watching, actually punching a woman on the side of an l.a.
10:04 am
freeway. dominic denattily picked up the story live from los angeles. this doesn't seem real but it actually is. >> it absolutely is. and it is very, very shocking stuff. let's show you this video because it's caught by a driver going down the i-10, better known as the santa monica freeway. let me talk you through what you see. there is a california highway patrol officer beating that woman. she seems to try to get back up briefly and starts covering her face with her arms and he gives her another punch. really absolutely shocking stuff. the guy that actually filmed it says it was excessive, extreme violence. >> and i'm shocked that in broad daylight, where in plain sight, a man is mercilessly beating what seems to be a homeless, maybe mentally disturbed woman. you can hear the -- the pounding. and you also see her head bouncing off the concrete.
10:05 am
>> now the police described her as a shoeless woman who had been walking in to the lanes on the santa monica freeway. they were concerned about not only her safety, but also that of oncoming traffic. this is definitely a fast-flowing freeway. i drive down it quite frequently. the california highway patrol releasing this statement on details from the chp's arrest report. let me read this to you. a physical altercation ensued, as the pedestrian continued to resist arrest, at which point a plainclothes off-duty officer assisted in applying the handcuffs to the pedestrian. when asked if she sustained any injuries, the pedestrian did not advise and nor were any located by the officers on the scene. well, we do know that there's a homeless encampment right by the entry to the freeway there. and there have been no reports in the past of problems with homeless people there.
10:06 am
no identification of who the woman was, nor indeed who the california highway patrol officer was. she understand the woman was taken to hospital, and she is undergoing psychological evaluation. back to you. >> i mean i think the cop needs psychological evaluation. do we have any idea what the police officer's status is? does he still have a job? is he suspended? >> well you know, they've actually only just assembled an investigation team. and as yet they are still going through because the video, that's only surfaced in the past 12 to 18 hours. and so, they're going to look and take in initial judgment. civil rights groups already screaming about this. they're absolutely outraged. i imagine there will be some action over the weekend and perhaps we'll get a further statement from california highway patrol. >> i was screaming over this just watching the video when you were reporting with my microphone lowered thankfully. it's just outrageous. as far as the claim she was resisting arrest, she was resisting blows to the head by a police officer who is paid to
10:07 am
protect the community. that's disgusting. thank you. >> well the issue here, julie, is -- sorry. >> no, continue. >> we don't know what happened prior to the taping of that. we don't know what led into the incident. and i think that needs to come out before sort of judgment calls can be made. >> regardless of what happened a police officer should never be punching somebody repeatedly in the head. we'll have to leave it there. dominic, thank you very much. the ukrainian government is claiming a major victory over pro-russian separatists. government troops have retaken the city of sloefians k in the eastern part of the country. the town had been a key stronghold for the rebels since early april. meanwhile ukraine's president said he is ready to hold another round of peace talks with those pro-russian separatists. we're going to have more on this ongoing conflict with major general bob scales our fox's military analyst later this hour. also overseas clashes between israeli police and
10:08 am
palestinian protesters now spreading from jerusalem into other towns in the north. palestinians say an arab teenager was burned to death in a revenge attack after three kidnapped israeli teens were found dead. david lee miller is live in jerusalem with the very latest. hi, david. >> julie, according to the palestinian authority's attorney general the initial autopsy results do show that mohammed abu khdeir was, in fact, breathing during a fire that ultimately burned 90% of his body. israeli police are investigating the boy's death, and just a short time ago, local media now reporting that israeli police now have leads following up the attack on that 16-year-old. they do believe, as the palestinians have been saying, israeli police believe now, that it was, in fact, a revenge killing for the murder of three israelis.
10:09 am
local media also reporting that police are now on the hunt for suspects in that murder. further heightening tensions, amateur disturbing cell phone video appears to now show israeli police beating the 15-year-old cousin of that murdered palestinian boy. the cousin, an american citizen who goes to school in florida, was taken into custody by israeli police during street demonstrations shortly before the funeral. no criminal charges were filed. the boy's parents say that he was not throwing any stones and they accuse the police of abuse. >> this boy is 15 years old, he is dangerous? what he has in his hand a gun? okay. you lock him up. and after you hold him, you hit him again and again and again in the face. >> an investigation is now under way concerning that attack caught on video. an israeli cabinet minister when asked about the incident said it
10:10 am
must be viewed in the broader context of the ongoing violence here. following yesterday's burial of the 16-year-old, clashes took place in east jerusalem and on the west bank, and in a sign that the violence is spreading there were also clashes between israeli arabs, and israeli police taking place in the northern part of the country. and lastly now, julie, another sign that the violence here continues to escalate. today, more than a dozen rockets were fired by militants from gaza, just a short time ago, within the hour, we got word that the longest range rocket yet in this recent conflict has been fired. it targeted the city of 200,000 israelis, there were no injuries this rocket was shot down by the anti-rocket system here called iron dome. but again, the firing of this longer-range rocket underscores the volatility of the situation from one end of the country to the other. back to you.
10:11 am
>> scary stuff. david lee miller in jerusalem. thank you. also in the middle east, embattled iraqi prime minister nuri al maliki is forcing two of his top security officers to retire. after the near collapse of iraq's forces against sunni militants, the chief of the army's ground forces and the head of the federal police were dismissed from their positions. no replacements have been made. meanwhile, sunni extremists now reportedly are posting images of the decimated shiite holy site. after the militant group declared an islamic state in the territory that it now controls. and the conflict in the iraq crisis may now be hitting drivers in the pocketbook here in the united states. there are serious concerns that middle east oil supplies could be vulnerable to the ongoing violence. and therefore, raise gas prices here at home. this is bringing the issue of energy independence once again to the forefront.
10:12 am
live in washington to explain. hi, elizabeth. >> hi, julie. the energy department is announcing plans to allocate $4 billion in loans from renewable energy to reduce greenhouse gas emissions. now the gop is weighing in saying energy independence begins with more immediate means. >> it starts by building the keystone pipeline. put thousands of americans to work. show we're serious about our energy feature. we set into motion more plans. pipelines, and transmission lines. bringing low cost energy safely to consumers across the land. >> republicans say president obama is catering to a base that claims the keystone pipeline would negatively affect the climate change. here's the president just months ago about the new loan programs that he has been pushing on climate change which he addressed. listen. >> we've got to do more. what we're doing is not enough.
10:13 am
and that's why a couple weeks ago america proposed new standards to limit the amount of harmful carbon pollution that power plants can dump into the air. >> there are five areas which the government would consider supporting. the first is the advanced grid, integration and storage program. the other is drop in biofuels with the goal of meeting existing fuel quality specifications. also waste to energy projects, and projects that would enhance existing hydroelectric facilities. and lastly, efficiency improvements. now, as you said, this comes as gas prices remain at the highest levels this time since 2008. julie back to you. >> elizabeth prann, thank you so much. hurricane arthur is now a tropical storm. again. we're going to tell you where it's heading next. you can see the damage that was caused over this holiday weekend. and who's going to get rained on coming up. plus hillary clinton fighting back against recent criticism of her raking in big bucks. can she put the issue to rest? and the statue of liberty
10:14 am
standing tall. now a new artist is bringing her just a little bit closer to ground. marge: you know, there's a more enjoyable way to get your fiber. try phillips fiber good gummies. they're delicious, and an excellent source of fiber to help support regularity. wife: mmmm husband: these are good! marge: the tasty side of fiber. from phillips.
10:15 am
when a pro at any 2014 pga tour event sinks a hole-in-one, quicken loans will pay your mortgage for an entire year. that is how it's done. truly amazing! get in the hole-in-one sweepstakes. enter today at pgatour.com/quickenloans and you could have your mortgage paid for an entire year. life with crohn's disease ois a daily game of "what if's". what if my abdominal pain and cramps end our night before it even starts? what if i eat the wrong thing? what if? what if i suddenly have to go? what if? but what if the most important question is the one you're not asking? what if the underlying cause of your symptoms is damaging inflammation? for help getting the answers you need, talk to your doctor and visit crohnsandcolitisadvocates.com to connect with a patient advocate from abbvie for one-to-one support and education.
10:16 am
10:17 am
10:18 am
from the fox extreme weather center hurricane arthur has been downgraded to a tropical storm and is now on its way to canada. thousands of massachusettsens are coping with flooding. eight inches of rain has fallen there, forcing the closure of some highways. meteorologist janice dean is in the weather center. >> we're saying good-bye to hurricane arthur. our first hurricane of the 2014 season. some leftover showers and some winds for northern main into eastern canada. but for the most part this storm is out of here, and we've got a good-looking forecast for the eastern seaboard. some of the winds in excess of 100 miles per hour for parts of cape lookout as well as hatteras. 90-mile-per-hour winds. things are looking much better as we get into the the forecast rainfall for
10:19 am
portions of northern maine, into eastern canada. and for the good part of the weekend, it's going to be really pleasant for much of the country. with exceptions through the northern plains, upper midwest where we could see a severe threat. hail, damaging winds, isolated tornadoes. not looking at a severe weather outbreak here and across portions of the great lakes and the midwest for tomorrow. we'll watch that. there is your forecast over the northeast. really nice day. get out and enjoy it. have your barbecues. and then for the southern plains, and the southeast, just some scattered showers for parts of florida and southern texas. upper midwest, as i mentioned, that's where we could see the potential for showers, thunderstorms, isolated severe weather and then we're also looking at the potential for some monsoonal moisture moving into the southwest. have a great day, leland. >> thanks, janice. hillary clinton hitting back after criticism of her lofty speaking fees, saying for the past year and a half all the money that she's made for her
10:20 am
appearances at colleges and universities have gone to charity. earlier the former secretary of state found herself in hot water for saying this. >> we came out of the white house not only dead broke but in debt. we had no money when we got there. and we struggled to, you know, piece to the the resources for mortgages for houses, for chelsea's education. you know, it was not easy. >> joining me now, director of outreach for freedom works and fox news contributor janine barlely and democratic political consultant who worked on hillary clinton's 2008 presidential campaign richard goodsteen. janine, hillary donated her speaking fees to not just any charity here but the clinton foundation. you say this is essentially a campaign contribution? >> yes, i do. of all of the charities that are out there in need, what does hillary clinton do? donate to the clintons. and clearly, this is only evident and clear and makes
10:21 am
sense on planet clinton. she's part of the liberal elite class. she's totally detached from the concerns of hard-working americans and what people are going through today. and i just think that she's just doing this for their own self-serving needs, when it comes to funding their clinton initiative, which will generate a lot of publicity for hillary clinton any time the foundation is in the news. >> richard, do you see anything wrong with hillary clinton donating to the clinton's charity? >> you know who doesn't see this as a boondoggle? people with aids and hiv. that's who's getting money from the clinton foundation. you know who doesn't see it? people with malaria. or whose family has a risk of malaria. that's what the clinton foundation is going to fund. or, dealing with climate change. or dealing with world poverty. somehow or other that's not exactly kind of an elite kind of approach to kind of moving money from very wealthy college alums, not from the university, but
10:22 am
from wealthy college alums, to the clinton foundation. that's kind of a robin hood effect. she's really taking from these wealthy people, giving to people the neediest around the world, it's somehow or other that is a perverse way to use money, it's different planet from me. i should say politically, she did her best, against barack obama, in 2008, in that stretch from appalachia, from western pennsylvania all the way down to kentucky, west virginia, tennessee, and arkansas. that's where she did her best. the poorest parts of the country. so this notion that somehow she's a product of the elite, i don't think that's what the voters see. >> she's totally product of the elite. >> let's talk about the wealthy financial contributors, if you will. because those who attend these clinton initiatives have a lot of money and she is going to soon be running for president, and when she goes to these clinton initiatives for her charity, those very wealthy people are going to be there that could essentially eventually contribute to her campaign. do you see where i'm going here?
10:23 am
>> yeah. they'll be rubbing elbows, julie, the bus leaders, the academics, they'll be rubbing elbows and writing big checks. it's one big club. even, i see through this, and i know what the clintons are doing. it's all about them. clearly she's most likely going to run. in the 2016 election. here's the other thing, this is a huge double standard, julie. because unless hillary, mitt romney when he ran for president in 2012, for being a rich individual. so there's a huge double standard here. >> i mean, would you agree? >> listen, mitt romney, when he was deriding the 47% also had policies that would tax the 47% higher thand reduce the taxes for the wealthy. hillary clinton has been seen for her whole career as somebody who has the interests of the middle class as paramount. >> really? >> i've got to tell you we saw in the 2008 campaign what these people care about is not what's in her wallet but what's in her
10:24 am
health and what's in her policy. >> it's a double standard. people care. she makes she's comments. she's so detached from what hard-working americans are going through. >> deneen, i didn't interrupt you. only on fox's audience can moving money from wealthy people to people dealing with malaria and hiv be seen as perverse. i think most people in the u.s. and around the world, that's actually the thing that they think as meritorious. that's exactly what they think is good deeds. how that can be twisted to something evil, i don't know, it's kind of beyond me, i got to tell you. >> this is a way to fund the clinton initiative for hillary's run for president in 2016. and this is what the clintons are all about. they're self-centered, and i fail to see how this is going to help individuals except the clintons. >> deneen, let me ask you, or richard why don't you answer, the former secretary of state reportedly charges about $200,000 to $300,000 for a speaking engagement, and i want to know your reaction to the students at the university of nevada-las vegas are actually
10:25 am
threatening to demonstrate against clinton's upcoming appearance at a school there in october unless she pays back i guess she's charging $225,000 for that speech. >> right. >> how do you think hillary can appease her critics at this point? >> stop booking these engagements or do them for free. what does she do to make everyone happy? >> by making sure they're acquainted with the facts. the facts in the unlv case is that it was a single wealthy alum who basically decided to make out a big check. why? because he thought it resounded to the benefit of the university, made them look good to have a world class figure like hillary clinton speak and parlay that into fund-raising for the university, i guarantee you they're going to make more money out of her appearance than whatever this wealthy donor was going to contribute to the clinton foundation. and sorry again, you have people with malaria, aids and hiv who are the beneficiaries. that's not political money. those are people around the world who are suffering. that's where that money is going. >> getting back to the question i think it's interesting that the students are being ignored.
10:26 am
what they would prefer. and also president obama is behind hillary in defending her. and he's to paraphrase, he's using her words, basically what difference does it make. so i see a huge double standard here. >> that's all the time we have. thank you very much. appreciate you both coming on. fox news alert. six people have been hurt in a shooting at a music festival in houston. authorities say one is critically injured. this is video that appears to be from inside the melee. witnesses say a gunman opened fire on a crowd of several thousand people inside an arena that was hosting a caribbean music festival. and obviously this is amateur video there. it appears to be from inside that arena or nearby. there were police officers there but we're told that they were on the perimeter. the shots rang out sparking this panic as people were running for the exits there, at this musical festival. it happened about noon local time there in houston.
10:27 am
so far, no arrests have been made. an icon of american freedom is standing at nearly 200 feet. that, of course, is the statue of liberty. but it's full of details, too high up for most of us to see. so a brand-new exhibit is helping visitors get an up close and personal look at lady liberty. bryan llenas is live with more. >> you can take a tour inside the statue of liberty, even fly above her but few have seen a statue like this. an exact life-size replica of lady liberty broken into 250 pieces using the same copper material and mettleworks technique used to make the statue 140 meres ago. now he spent three years redecree oughting a curl of lady liberty's hair, folds of her drapery, pieces of her right arm all for an art exhibit called we the people and visitors in new york can see 50 of these pieces at city hall parks and brooklyn
10:28 am
bridge parks. >> the real challenge behind the work was to open up the statue of liberty so you can see the interior, and the exterior, so you can have a real understanding of how this piece was made, why it was made, and you know, invite questions about the meaning of a monument that is so iconic. >> now the actual statue is 151 feet tall, made up of over 250 individual copper pieces, which are only as thick as two pennies. she was built in france first and then disassembled, shipped to america in wooden crates, where she was reassembled. still, though, nearly a century and a half later this new art exhibit is helping people learn a few things about lady liberty and like what's actually inside the statue. >> the statue is hollow. that's right. she's a hollow structure. the copper is attached to -- pieces of copper form her whole body and they're held on by arm tour bars and extension pieces of metal that connect to the
10:29 am
interior eiffel tower inside her body. >> perfect for the july fourth weekend. the other 200 pieces are spreading over 15 countries including museums and private collections. leland? >> so great to be able to learn more about this, especially when you consider how many people were welcomed to america by lady liberty there just before getting to ellis island. bryan llenas there in the new york city newsroom. thanks, bryan. there was a horrific shooting in indianapolis. shots rang out in a neighborhood that had been known for a long time for its night life. and the ukrainian government claiming a major victory in its battle against pro-russian separatists, the very latest on the crisis coming up next. [ male announcer ] this is the age of knowing what you're made of.
10:30 am
why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision.
10:31 am
to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor.
10:32 am
10:33 am
it's the bottom of the hour. time now for the top of the news. a horrifying shooting in indianapolis injuring at least seven people. it happened in a popular neighborhood known for its night life. one man is in critical condition at this hour. the others sustaining minor injuries. firefighters in california gaining the upper hand on two wildfires there. one up north, and the other in san diego county. fire crews say each fire is at least 65% contained. and petra kvitova wins wimbledon in dominating fashion. his is her second title at the all-england tennis club. the 24-year-old says she was in a zone, that's a quote, and
10:34 am
nothing tops winning wimbledon. >> ukraine's military forces have captured a key stronghold of pro-russian separatists. they've now retaken more than a dozen towns in the eastern part of the country but vladimir putin has reportedly massed about 40,000 troops near the ukrainian border. what is next in this crisis that's been going on for a long time? major general bob scales is our fox news military analyst joins us now. general i want to start with this. for a couple of months it really seeped like putin could act with impunity there in that part of the world, because over crimea, all of a sudden towns there in eastern ukraine were falling. now it doesn't seem that way. did he miscalculate somewhere? >> yeah, he did. i think he got a little too far ahead of his war fighting method. several things are at play here. number one is, there isn't the same sort of ethnic separation within the population in eastern
10:35 am
ukraine as say there was in georgia, or in the crimea. and the attempt by putin to sort of exploit that rift simply isn't there. most ukrainians, even in the russian areas, just want to be left alone, want to teach russian in their schools, and want to have a economic association with russia. they don't necessarily want to break away. the other thing, lelaneland, is surprising strength of president poroshenko. you recall putin sort of dismissed him as an oligarch, he said he's not a real politician, he doesn't know how to lead. well, in the last couple of months, as you know, poroshenko's done a darn good job of resetting his government, of gaining the allegiance of the western ukrainians, and, in fact, the allegiance of some of the eastern ukrainians. so his sort of nonlinear warfare approach to taking over territory that succeeded in georgia and crimea seems to have hit the spots in the last couple of months. >> when you talk about nonlinear warfare the idea of sending in
10:36 am
special operations troops to act in the background, get local villagers and those kinds of things to come out, band together and form militias, i spent about a month in the ukraine, went to a number of those pro-russian strong holds and checkpoints. most of the time it was local villagers who had been given weapons and a number of them were well armed, well equipped and drunk. they had absolutely no ability to fight. what i'm wondering here is, did this change things for president putin as he is trying to move forward? because suddenly these guys who you are counting on to fight, he doesn't have any more as real force there in eastern ukraine. >> that's a great point, leland. where he's miscalculated is he thought that by putting in gru force -- russian gru forces, russian army that he would get that leadership or hierarchy that he needs to sort of put backbone into the local pro-russian ukrainian. the truth is that didn't happen. they may have had the weapons, but the leadership never took.
10:37 am
and the training never occurred. so what you had was a body of amateurs that were fighting amateurs. but over the last couple of months the ukrainians have actually got the ukrainian military has actually gotten better, and to your point, thep think, mostly got drunk. >> and most of them left the checkpoints as soon as the ukrainian military showed up there and was willing to fight. looking forward now to the battlefield has changed, what does that mean for putin in the larger sense? for so long over the past few months you heard about the rise of russia now, as an up and coming superpower. but is this later revelation sort of changed that calculation? >> well, nobody knows, leland. the truth is, the ball is in putin's court. i think he's been -- i think he's been surprised by the strength of the ukrainian opposition. so he's got two choices. he can let the status quo sort of stay in place, and watch the pro-russian separatists resistance wither away. or he can up the ante and get the west even more angry at him,
10:38 am
and wind up with sanctions that he can no longer afford in his own stagnant economy. and most of the people i talk to say that he, at this point, hasn't made up his mind. he's tried to reinforce the eastern provinces, mainly with materiel and not with men. that wasn't worked. and very slowly the ukrainian military is getting it back to the, and working its way through the northwest corner of these -- of russian-leaning provinces, and beginning to gain the momentum. and should that happen, then putin is really left on the horns of a dilemma. what should he do? and at this stage, really, frankly, nobody knows. >> well, to your point, nobody's been able to really see these moves, these chess moves that he's making going forward. i guess the big option he has, the trump card, is whether he's willing to send those 40,000 troops across the border, and act militarily. we'll just have to see whether that happens. >> not going to happen. >> the prediction was made here.
10:39 am
you heard it here first from general scales. thanks for joining us, sir. >> okay. >> take care and happy fourth of july. >> same to you, leland. the dow closing the week on an all-new high. so does the bull market have the legs to run our economy into long-term prosperity? we'll go live in-depth next. ♪searching with devotion ♪for a snack that isn't lame ♪but this... ♪takes my breath away
10:40 am
when folks think about wthey think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america.
10:41 am
engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.
10:42 am
. . wall street posting historic
10:43 am
numbers on thursday. the dow closed at another record high, 17,068. meanwhile new jobs numbers showing employers added 288,000 jobs in june, reducing the unemployment rate to its lowest level since december -- or september rather of 2008. all of this tapping a dramatic comeback from the lows of the financial crisis. but does the economy have the momentum to keep pushing forward? financial adviser, president of differers fie financial consultants joins us. thank you so much for talking to us. what a great way to end the week, right, before the fourth of july holiday. but the question is, is it too good to be true? i mean will the dow's record high translate perhaps into a surging economy for the rest of the summer? >> well, i think it's the other way around. will the surging economy help the dow get -- and the s&p have new highs? and clearly we've got out of the stumbling blocks of the first quarter. we're getting some momentum so i do think things are improving but it's really a slow, grinding process as opposed to a real
10:44 am
jolt that's going to have some tremendous growth later on in the year. >> it's been five years since the recession ended. 288,000 jobs as i just mentioned were added in june. yet consumers spending is still weak. what do you attribute to those jobs numbers? do you feel they're strong enough or should they be stronger? >> so, two parts to that. the first is that we actually dig into the jobs numbers. the 288 was a great number. but when you dig into you realize that a significant portion of that were part-time jobs or lower-paying jobs. in fact the household survey says that we lost over 500,000 permanent jobs. now they were replaced by 800,000 part-time jobs. so the job number looks good. but the quality of the jobs we're creating are not there and you see that household income, the wages only increased 2% in the last 12 months. >> so we're not paying people enough. but more people are working? >> we got more people working, which is a positive. and you've got to get them in
10:45 am
the pipeline. you've got to get them off the unemployment rolls but the quality of the jobs we're creating are not great. we created 40,000 retail jobs. that's fantastic. it's great that people have jobs. these are not jobs that are paying $100,000 a year. and because there's no wage pressure, the hours that people are working, and the amount they're getting paid is only increased by 2% in the last 12 months. >> what do you attribute to the u.s. economy pulling this off, though, with the fact that the dow is doing as well as it is. considering the fact that europe is hurting, japan is barely holding onto gains, china faces slower growth and here we are with over 17,000 close on the dow on friday. >> well, the dow is really -- let's keep in mind, you know, if the dow goes up one point on monday it's an all-time new high. it's realistic the dow is up 3% to 4%, the s&p 6% to 7%. those are very respectable numbers. having said that one more point up is another head line. europe is in recovery mode. but still struggling.
10:46 am
china, growing, but nowhere near what it was growing in years past. so the whole world economy is doing better. but this is a very slow, methodical grind. u.s. definitely doing better than everybody else. but it's a slow, methodical grind. i think it's hopefully it gets a little bit more momentum later in the year. but clearly, just getting past the first quarter has been tough. >> we can attribute part of the growth to an aggressive central bank, right, with the federal reserve keeping ultralow loan rates to make it easier for individuals and businesses, especially, to borrow and spend. the question, you see the fed possibly raising rates at any time soon? >> look, the fed is really put between a proverbial rock and hard place. they want to keep interest rates low because it allows businesses to borrow, consumers to borrow, and making those borrowing costs lower throwly positive for the economy. on the other hand, think about the average saver. 300 million americas are basically earning nothing on their bank accounts.
10:47 am
>> or saving. >> or interest rate on their savings. on the interest they're earning on their savings. if they're not earning on savings they don't have the money to spend. if you look at consumer confidence and consumer spending, it's been absolutely dismal year to date. >> dominic tavella let's try to keep it up and at least see the momentum continue throughout the rest of the year. >> we'd love to see it grow. >> thank you very much. leland? >> all right, julie. this is for you. who among us is not looking forward to a frosty adult beverage this holiday weekend? perhaps somebody here on this desk has already had a couple. >> not today! >> yesterday. the weekend. >> maybe yesterday. >> maybe yesterday, okay. look out, because the alcohol content in a lot of the drinks that you have during the summer might surprise you. >> uh-oh. >> yeah. there you go. explains so much. we're going to tell you why, coming up.
10:48 am
don't miss red lobster's new! lobster toppers event. four entrées, starting at just $15.99. like our new lobster-topped wood-grilled shrimp... or the new! lobster-topped lobster. and now for lunch, try our new lobster tacos, just $9.99.ends soon so hurry in. thank ythank you for defendiyour sacrifice. and thank you for your bravery. thank you colonel. thank you daddy. military families are uniquely thankful for many things,
10:49 am
the legacy of usaa auto insurance can be one of them. if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members plan to stay for life. if your denture moves, it can irritate your gums. try fixodent plus gum care. it helps stop denture movement and prevents gum irritation. fixodent. and forget it.
10:50 am
10:51 am
federal health officials encouraging americans to stay safe this holiday weekend. when it comes to drinking, they are not just talking about
10:52 am
drinking and driving but they are reminding us the fun summer cocktails could have way more alcohol than you think. here to talk about it, practicing physician nina radcliff. no matter what you are drinking you have to be careful because it's hotter outside. >> yeah, i tell my patients they don't know how much fluid they are losing from purse rating. >> not only are you losing it, you are losing it because you are drinking alcohol. >> just because you grab a beer out of the fridge, it's different when you make a mixed drink. want to show a chart here. a that's at the beginning. all of those other drinks, long island ice teas, and margaritas
10:53 am
and probably the dark and stormies that julie was having by the a pool -- >> i was drinking them last night because of the hurricane. i thought they were appropriate. >> yeah, you were in the july fourth mood, and it seems people don't understand how much they are intaking when they are out by the pool. >> yeah, they seem fun and summery. in reality, they could contain up to double as much for a pina kau hra it's easy to get intoxicated by one or two drinks. >> julie, think thoughts on this? >> i would say first of all i was not intoxicated all week long, i have a 1 and 4-year-old, so i barely have a chance to take a sip of my drink.
10:54 am
but it's -- >> you had time for the dark and stormies. >> last night, it was dark and raining and i don't know if you recall but a massive storm swept through the east -- >> i was sleeping getting ready for today. >> and you are using all the h2o. >> you may not have beads of sweet, and you are evaporatin evaporating -- >> you don't have to sweeat? >> no. >> our skin regulates our body temperature. it brings heat to the surface and the way we get rid of it is by water evaporating and that's the way it takes away the heat from our body. >> what is the general rule? for every one standard drink i have, how many glasses of water do i have to have to replenish
10:55 am
the alcohol had me excrete. >> have a class of water, 2 to 4 eight-ounce glasses per water -- >> you are going to be going to the bathroom all day long. i do not have time for that. 1-year-old aks are not allowed getting into everything. >> and obviously that doesn't count what it takes in terms of being able to stay safe to drive or looks after kids. >> let's mention the amount of calories people consume in alcohol, and that's -- >> oh, a pina coladas are a killer. >> yeah. >> the kill joy of the afternoon for our segment. we will leave it as that. thank you. >> thank you, and this was our second time?
10:56 am
>> yeah, we will do it again sometime soon. >> that's going to do it for me. >> and for me as well. >> i feel like i am on "american idol." number 7. >> no, 3. but if you have arthritis, this can be difficult. prescription celebrex can help relieve arthritis pain, and improve daily physical function so moving is easier. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain. and it's not a narcotic you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high blood pressure or when nsaids are taken for long periods. nsaids, like celebrex, increase the chance of serious skin or allergic reactions, or stomach and intestine problems,
10:57 am
such as bleeding and ulcers, which can occur without warning and may cause death. patients also taking aspirin and the elderly are at increased risk for stomach bleeding and ulcers. don't take celebrex if you have bleeding in the stomach or intestine, or had an asthma attack, hives, other allergies to aspirin, nsaids or sulfonamides. get help right away if you have swelling of the face or throat, or trouble breathing. tell your doctor your medical history. and ask your doctor about celebrex. for a body in motion. movie night. i get 2x the pwith my citi thankyou card.nd teveryone wins.staurants you mean you win. yes i do. the citi thankyou preferred card earn two times the thankyou points with no annual fee. to apply, go to citi.com/thankyoucards.
10:58 am
10:59 am
11:00 am
this week on the "journal editorial report," ending a term with a political bang as a blow blown to the obama's birth control mandate. and plus, president obama's summer solump. poll numbers are down and raise questions about his ability to lead for the next two years. and a new islamic estate.

190 Views

info Stream Only

Uploaded by TV Archive on