we'll be making margaritas with this guy in the after the show show. log on right now. >> brian: thanks, jason. you stick around. tomorrow michelle malkin, bob massi and governor chris christie and there will probably still be margarita left. >> gretchen: bye. bill: good morning, everybody. the battle for future taxes in america. a new plan set to be unveiled from the president to revamp taxes on big business is where we start. i'm bill hemmer, a welcome back to you. a good time with your family, i assume. martha: a little skiing with the family or presidents' day weekend. the plan calls for lowering the top income tax rate it raises

taxes on oil and gas companies. the president has had them in the cross-hairs in terms of raising taxes. companies operating overseas will have to pay taxes on foreign earnings. it's this new tax that some think could hammer american businesses. >> this is a big new tax. as martha said, never before have american companies been on their overseas profits unless they bring them back to america. this is a tax that will be imposed regardless of whether the money comes back here or not. bill: you argue people are missing the point. >> if you look at head light's about reducing the tax rate from 35% to 28%. but this story of the big new tax is far more important because it goes right after

america's most successful companies. intel, makes 85% of its profit overseas. that will now be taxed regardless of whether it comes back to america or not. am has $100 billion in cash. some of that was made over says. it goes after america's most successful companies. once you have got a tax, how do you get rid of it? bill: what is this tax on oil companies all about, and basically doesn't that come back on us? >> yes. we don't have details yet. but they will get rid of deductions for oil and gas companies. will that produce more exploration and drilling? will it bring the price of gasoline down? exxon makes 45% of its profit overseas. it will be taxed on that prove it as well as the new tax on oil

and gas production. bill: this comes at a critical time. you are talking about the financial aspect of this. there is a political equation. in two days mitt romney is set to urn veil his own tax plan. now we'll see how much they align each other or parallel one another in the end. >> that's politics. i just borrow the money. the administration is desperate for revenue and it's going to take it out of some of america's most successful corporations. martha: right now the u.s. corporate tax rate sits at 35%. it's the second highest in the entire world right behind japan. the u.s. expects to collect $236 billion in corporate taxes at the end of the year and that's 1.5% of our gdp.

now this story for you this morning. an american-born war correspondent and a french photographer killed amid the chaos happening in syria. marie colvin was a veteran reporter. that paper is owned by the parent company of fox news. she was called one of the most outstanding correspondents of her generation. she put her life on the line on many occasion because she was driven by the determination that the misdeeds of tyrants did not go unreported. dominic, what is the latest? >> reporter: we have lost a dear member of the news family.

she was work out of a makeshift media center that was set up by the opposition in homs. it came under intense shell fire with 10 rockets slamming into it. she tried to make a run for it along with the french photographer. apparently they were hit by an incoming rocket. the building is now a pile of rubble. they can't get to the building to see if anyone else is hurt. we heard that a grapher and a second american journalist is in a severe state. according to an activist she needs urgent care. we know syria's forces are not allowing any medical practitioners in. in her last report marie said there was a relentless assault

on homs. she of course is no stranger to danger. the eye patch she wore in her profile picture was to cover an eye she lost in 2001. the appeals to the syrian people will reach out to others in the international community. martha: it's a tragic loss, dominic and impediment to getting the story out there. it will be felt by her absence. thank you very much. that shot break up a little bit. it's difficult getting that out of there. bill: throughout her professional life she ran towards the danger to get a story out that most of us would never have known had she not been in there. since the uprising began a year ago, 8,000 people reportedly

killed by the al-assad regime. that government holding 18,000 people in detention. some of them as young as 10 years old. we keep saying because the majority of western journalists have not been allowed inside syria, those inside the country have had to sneak in and sneak out to get their reporting. martha: there are new calls for the u.s. to step in and arm the rebels. heavy shelling in homs left 13 people dead since early yesterday morning. the u.s. state department says it has no plans to intervene militarily at this stage. but several lawmakers have called for some form of more i.s. involvement. stay tuned for that. bill: big debate later in arizona. newt gingrich placing a laser

focus on the state of washington. he's making a diligent effort to win the march caucus there. washington has 43 delegates up for grabs. last night gingrich taking aim at rival mitt romney saying romney has a will the to prove. >> you have to have some proof you are electable. in romney's case he doesn't have social conservativism. he doesn't have economic reforms like i do. he needs to win if he's going to win. bill: newt gingrich is also talking about how he believes president obama is the most dangerous president in modern history. quite a mouthful. we'll ask that question of newt gingrich coming up in 20 minutes. martha: there are new details on an apparent murder-suicide at a

georgia health spa. a gunman walked into this spa outside of atlanta, shot four people and turned the gun on himself. the gunman talking to one of the victims and opening fire. the relationship of he and the person he was speaking to is unknown at this time. police looking for a motive in this. they called on the state police to in this investigation. bill: how toss it feel to be back? also coming up in a moment. on america's newsroom. a new warning for women about a silent killer, a heart attack with no symptoms. what you need to know about that. martha: gas prices -- have you been to the gas pump lately? very expensive. what has the white house decided to do to ease that pain at the pimp? they have a plan. bill: rick santorum said to go head-to-head with mitt romney in tonight's debate. can the new front run i are

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bill: timothy dolan is back after his elevation to cardinal. >> it went very well. it really did. >> being that he's so friendly and outgoing.

i guess people are just drawn to him. bill: dolan is 22 -- is one of 22 members of the college of cardinals responsible for picking the next pope. martha: the candidates are gearing up for a critical debate in arizona. many are saying this is msh *'s last chance to get in the face of rick santorum. rick santorumer to into the former governor's healthcare plan during a heated debate back in january. check this out. take a look back. >> what governor romney just said is top-down medicine is working in massachusetts and he

supports that. think about what that means. in massachusetts everybody is man dated as a condition of breathing in massachusetts to buy health insurance, and if you don't, you have to pay a fine. martha: that was considered to be one of his strong moments in that debate and that leads us to the numbers we are look at today. mitt romney at 28%. you can see gingrich at 23. >> if we could have the good cardinal run we could win his. martha: when you look at plan for tonight, it's a big night for mitt romney. he has to bring it home in a big way. >> santorum has been at the back

of the pack. what romney does very well is he attacks with his ads. whether he will attack santorum face to face, we'll have to see that. martha: some have speculating some of what we have seen coming out, a look at santorum's speeches, what he said about contraception and the like, do you think those attacks are coming from the romney campaign? >> absolutely. the super pac has done this effectively. i think they have to talk about the future, not the past. the truth of the matter is we have to talk about who is strong dwroaft beat this president. martha: this is last night. he has gotten lot of heat for these social issues. here is what he said last night.

>> martha: he's sensing this has gone the away from him. he's going to get questions about these issues. is that the message we'll see coming from rick santorum tonight? >> what he needs to do is take his blue collar roots and talk about how he's going to get people back to work. talk about the valley growing up in pennsylvania. if he does that, the economic message is it's much more powerful. martha: when you look at arizona and michigan, you said you never expected this to be a santorum

romney race at this stage of the race. where do you think we are headed here. >> gingrich has one shot of getting back in. the debates have been his oxygen. if he doesn't do it tonight he will stay in the background and follow the usual job of articulating his message. but it's really santorum and romney tonight. martha: at end of the day begin griches not connected with conservative voters. people say, there he is. >> the truth of the matter someone wins each one. but most of them he's been very solid. he still has the organization and the money even though he's spending it in record numbers. but he has got to win someplace

and michigan is the place he's got to win. martha: we'll see what happens tonight. ed roll rinse. martha: we'll talk to newt gingrich about all this stuff, too. can diplomacy work in iran? tehran remains defiant, is the time for talking now over? martha: we are waiting for a verdict today. today could be the day that george huguely learns his fate. [ female announcer ] want to spend less and retire with more?

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martha: while some cash strapped states are raising taxes to get their fiscal house in order, new jersey's governor is going to do just the opposite.

>> because we made the tough choices the last few years we can make the right ones in this budget. i propose we provide tax relief to every new jersey citizen. and increasing the income tax credit for the working poor. the people of new jersey have suffered for too long under the burden of high taxes. it is time for real relief. [applause] martha: new jerseyans need some help. the state and local taxes are the highest in the nation at 12.2%. their property taxes are also number one. the average household spent 11% of their income on property taxes. nearly triple the national average. bill: we are on verdict watch now. the trial of a lacrosse player accused of killing his

ex-girlfriend. george huguely faces life in prison for the murder of yeardley love. the deliberations have already begun in charlottesville, virginia. >> reporter: we don't know that they have begun. the only order of business was to eliminate two alternate jurors. the judge is eager to get this thing on because the trial in its latter stages has been plagued by delays. last week a defense attorney took ill with a violent case of stomach any. so there was a delay resulting from that. saturday the case resumed with the closing arguments and the judge reading 20 pages of jury instructions. but there was a delay monday because of president's day. a delay tuesday because the

judge had to hear unrelated grand jury matters. they include felony murder and grand larsy. >> what does that mean for this case, can we tell? >> reporter: it many deeply troubling to a lot of attorneys. they like to have information flesht minds of the jurors. the more importantly they are worried about the jurors becoming prejudiced in some way. everybody in the city of charlottesville knows about this trial. there is a strong likelihood concern among the attorneys that those jurors would become privy to information that was not delivered in this courtroom. whether that's ground for some kind of appeal we'll have some see. martha: some surprising research that could save your life.

we'll explain why a woman may be having a heart attack and not even be aware of it. bill: firey remarks from presidential hopeful newt gingrich. we'll play it for you and ask about why he considers president obama to be the most dangerous president in modern american history. that's a mouthful. the speaker is live. >> barack obama is the most dangerous president in modern american history. [applause]

bill: newt gingrich unleashing a new attack on president obama. there is a big debate later tonight. mr. speaker welcome back to america's newsroom. how goes it. >> bill, it's good to be with you. bill: you dropped a bomb this week, you called president obama the most dangerous president in modern american history. how do you back that up? >> i think it's true. you have a moroccan would-be terrorist picked up by the fbi trying to bomb the u.s. capitol. under the obama administratios rules you can't discuss his affiliations. you have iran seek to get a nuclear weapon. i have the pakistani government which instead trying to find the

people hiding bin laden, it has actually arrested the people who helped the united states find bin laden. this administration refuses to deal with reality. the president has a program to cut aid to the israeli ballistic defense system. and he's basically accepting the reality of the iranians getting nuclear weapons. when the chairman of the joint chiefs tells you iran is a rational actor, you know this is an administration refusing to face reality. he denied there was a holocaust he said he wants to drive the news out of the middle east. to call that person a rational actor i think is a delusionary thing. this administration specializes in avoiding reality in terms of national security.

bill: you went so far as to say defeating president obama is a matter of national security. he would argue he took out top al qaeda leaders including usama bin laden. >> the iranians are on their wa to getting nuclear weapon. the pakistanis who have nuclear weapons have proved their unreliable. the muslim brotherhood historically is directly tied to hamas and other terrorist organizations. and the idea that we can somehow see a responsible muslim brotherhood running egypt i think is a delusion. this is an organization dedicated to establishing islamist domination and dedicated to driving the united states out of that part of the world. i think we are kidding ourselves if we think this is a tiger we can ride. it's a very grave danger things

will spiral out off control. i do believe the failure to be honest about the threats we are faced with is a grave threat to the united states. bill: i expect we'll hear more about this later tonight. last night you told sean hannity that you have gotten away from your big ideas and big solutions. give me the how and why as to how you got off track. >> i got tide into $20 million of negative ads byrum any in florida and responded by acting to much like a normal candidate. twice i have led the race as a front runner in national polls like having an american energy policy getting gasoline back to $2.50 a gallon. having a bold tax policy that included a capital gains tax to brings hundreds of millions in new investments and having a at tax you could fill out on one page if you chose to pay a simple flat tax.

i think people understand america is in trouble and the want a leader whose ideas are big enough to get is back on the right track. bill: we have watched this battle between you and ron paul and all of this. do you think this protracted battle is good for the republican party? >> obama and hillary clinton knot fought until the middle of june. i think having continuous opportunity to explore who ought to be the republican leader has not hurt us at all. bill: you are okay with this to date, then. >> i think it may go all the way to tampa. it might be the most open process we have seen since 1930. you at least would not be bored. bill: i don't think would

either. i saw a report where your daughters told you at the last debate to act for presidential. is that true or was that your strategy and was that the newt gingrich or the newt gingrich we'll see later tonight in mesa, arizona? >> i think they were concerned that the weight of negative advertising byrum any had drawn us into a back and forth that wasn't helpful. i think what people want to know, are you capable of solving the country's problems. are you willing to change washington decisively. to allow young people to have the right to choose a personal social security savings account. i think my two daughters wanted to see me focus more on the big solutions that will make their lives and our grandchildren's lives better, not to be involved in the normal back and forth between candidates.

bill: in a word, which newt do we see tonight? >> i think you will see the person i have been for 15 out of 17 debates. focus on the big solutions. talk with the american people and try to say out of the negativity which unfortunately has characterized too much of this race. bill: thank you, appreciate it. martha: there is a new health scare for house of women. doctors say common warning signs for common heart attacks are less likely to show up in women than they are in men. it leads to a dangerous situation where some women may not even know they are having a heart attack. mark sealing is here. doc, good to have you here this morning. what is the biggest finding in this study to you. >> they looked at over a million patients and found 40% of women

don't report with chest pain, jaw pain, arm pain, anything we are used to seeing. the most important thing is when we don't see classic symptoms, martha, we delay treatment. if someone comes to me and says i have chest pain, i'm there with an ekg or aspirin, i'm thinking of intervention. if they say i don't feel quite right, this was especially true for women under 55, they were much more likely to die of that heart attack because we don't recognize it. so this is a wakeup call for physicians to look for atypical symptoms. i can tell you roants it might be happening. women have smaller coronary arteries. women have estrogen protecting them. women have more problems with smoking. martha: if you want to prevent having a heart attack or make sure you can figure fought something is wrong, what symptoms should you look for when you are asymptomatic?

>> i think women are used to taking care of the whole family. fatigue is a classic presentation for heart problems. you are feeling nauseous, maybe you have arm tingling. don't decide you are okay. go to your doctor and let your doctor be on the alert. a simple ekg is important. if you come to see me i'll be able to help you. get the patient into the hospital quick with an early intervention. martha: stay on it and get your checkups. thank you, dr. siegel. always god to see you. we got a touch there and went lower. trending lower. investors watching that massive debt deal for greece. there is a bit of good news and uncertainty about what happens

next. apparently the issues are not over there for greece or even for italy or spain after that. we'll see when we get the markets open now. martha: u.n. nuclear inspections fail leaving serious questions about whether iran is developing nuclear weapons. is the time for talk coming to a close? ask me. [ male announcer ] if you think even the best bed can only lie there... ask me what it's like when my tempurpedic moves?

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recipes so fresh the only preservative we use is the fridge freshpet fresh food for fido martha: active duty u.s. navy seals starring in a story of family, bravery, and honor. check out some of this. >> right turn! >> the rally point!

>> it's clear ... martha: that's a clip from "act of valor." one of the seals in that movie says some of his costars are already back on the battlefield today. >> since we filmed this guys have been back on deployment. so we are right back into the regular fold. martha: it's an incredible experience. i have seen this movie it's a hang onto your seat intense experience. coming up next hour we'll speak with the directors who came up with this idea to use real navy

seals. let's tell their stories. bill: you will not be bored. "tact of valor" next hour. the nuclear inspections in iran have failed while the white house insists the diplomacy still has time to work. jay carney says time for diplomacy is still there, time to make this happen and work. >> look at what the iranians are doing. they have been deceiving us with their program the last 10 years. the inspectors go in there to have specific discussion on important topic and the iranians blow them off.

they were developing a nuclear medical or energy program why are they hiding anything? the answer is obvious they are hiding because they are developing a nuclear weapons program. and that's everyone's frustration. the clock is running out. bill: when the white house says their behavior can be changed you don't believe that. >> you have a chance to change their behavior, but we have to be tough on them. tough sanctions that will truly hurt them. not this slow protocol we are using now. also covert operations. cyberattacks and other things to undermine the nuclear weapons program itself. bill: you said you think we are putting more pressure on israel than iran. does that go hand in hand with your tougher sanctions? >> by putting so much public pressure on the israelis not to attack.

we are signaling the iranians we'll not attack. we have stated that all options on the table and iran having a nuclear what he coins unacceptable. what we are doing is taking a stick out of our diplomat's hands. bill: do you think that's intentional. at a minimum it's misguide. i can't speak for what's going on in their mind. but i can talk about the effect of it and that's way just described. it signals to the iranians to move forward. bill: what is the end effect of that? is that a nuclear regime? >> i don't think the israelis will tolerate that. they are not going to bet the sovereign state on the motivations and aspirations of

the iranians. they will conduct an attack to delay that program and hopefully push that program into some kind of stablization as a result of that after such an attack. the israelis don't want to do this. they have to deal with the retaliation and casualties after the attack. bill: let's plate scenario out for a moment. what is the time frame you are thinking about here as you describe this? >> here is what's happening. we look at the same intel data with the israelis side by side. they come to different conclusions looking at that data. we think we have a year or two, and they think they are out of time. the reason is our intel analysts have been tblongt past. in 2004 the iranians stopped the program and we didn't know that until 2011. so that what's happening. the policy makers in israel do not want to take that kind of chance that they could be mistaken. so they believe this is within

this year and probably 6 months is what they are privately talking about. bill: then there is a whole list of scenarios that play out for the repercussions of this. we'll talk about that next time. thank you for your time, general. martha: how about this scenario. a man fires a gun into the floor after a suspected thief breaks into his house and now he's facing charges. should this man go to prison? the judge on that. bill: the waters off somalia, pirates looking to hijack and murder and steal. in a moment go inside a mission to stop them with our own colonel hole ever north who was there. >> this aircraft is conducting a reconnaissance of locations where hostages are being held. we'll accompany them on this

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martha: a controversial arrest of a new hampshire grand father of 14 grandchildren. his name is dennis flemg. he says his home was burglarized saturday. he spot sad man climbing out his neighbor's window. he took his gun, fired a shot into the ground to scare him. then he held the suspect until the police got there. the police charged him with reckless conduct, the tbrawnt father. everything about this story when i raid through it, it sound -- when i read through it, it sound perfectly reasonable. he didn't fire at anyone, he just fired into the ground.

>> under recent supreme court decisions he had the ability to fire in his ground in the backyard wet letter in was a burglar there or not. when the gun is lawfully owned you can nights a rational way on your own property. you can certainly use to it help the police detain somebody that you see burglarizing your own or someone else's house. this is either a serious oversight on the part of the police or a serious misunderstanding object their part as to what our individual rights are under the second amendment which of course would trump any local law in new hampshire. martha: you see cases where a person shoots at the robber and that is protected in that case. they are on their own property in many states. >> you have the right to shoot at the robber who is robbing your house. we are not talking about a public street, we are not talking about an office building or place where a lot of people congregate. we are talking about your house

which is specifically governed by these two supreme court decisions. if you lawfully own the gun you may use it on your property to protect the property and to protect the people who live on the property. martha: he came them, he saw his house had been robbed. then he spots the suspect coming out of a neighbor's house. does that change the scenario in any way because he wasn't coming out of his house at the moment he shot the gun into the ground? >> i think the police will make the argument that it does change the scenario an was acting as if he were a cop rather than a homeowner protecting his own property. i can't see a new hampshire jury agreeing with the police. i'm be predicting this case will be dismissed about it cops who filed it or judiciously by the first judge whos it.

and he will never be prosecuted for act in this uniquely american way. martha: many of his neighbors said he's a straightforward working class guy. they say the community was done a service by this man and they ought to thank him for it. thank you, judge. good talking to you this morning as always. bill: fox news learning in the senate post office on capitol hill threatening letters have been received to two senate offices in washington, d.c. we are told the letters are from the same sender. one containing a powdery substance. all senate office are on alert. there is a report the initial testing of the substance was negative so we'll foul on that with our producer on the hill momentary. stay tuned. martha: gas priced spike when you fill up over the weekend.

the white house says it has a plan to ease the price at the pump. bill: a tbrilt mexico killing a woman in texas. that shot could bring the heat down on the boarder. hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get bk to these invoices... whh i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office.

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martha: the white house is is searching for a strategy to stop spiking gas price necessary this country. the national average for a gallon closing in on $3.60 at the latest look, that is much higher in states like california. so far the administration's plan for softening the blow is "an all of the above kind of strategy" we'll get to the details of that in a moment. that's how we start this morning's hour of "america's newsroom" -pt. newsroom." i'm martha maccallum.

greg: i'm bill hemmer. the white house is open to options, it's not clear what the options will be. >> there are no magic solutions to rising oil prices and the pain that americans feel at the bump. the fact is is that the president is very aware of the impact that the global price of oil has on families, and this is not something that this administration discovered, or rediscovers every spring as some politicians do. martha: steve centanni joins us live at the white house. what exactly is the white house planning to do, do we think, steve to combat the rising prices. >> reporter: the white house has talked about what they call a comprehensive strategy all along, not one thing but a combination of things to deal with this problem. as you mentioned something jay carney referring to as an all of the above ae approach. as this problem is clearly a big

one for the white house the administration is facing new questions about what could be done. yesterday press secretary jay carney said there was no legislative strategy being formulated. there is an energy approach that is being pursued all along by the white house. >> we can reduce our dependence on foreign oil. if we increase our investments in alternative energy and take dramatic action like he did with the fuel efficiency standards to dramatically reduce our consumption of oil and save americans $1.7 trillion in costs. >> reporter: and carney says oil production in the united states has increased every year that president obama has been president, still not good enough for some republicans that say we need more of that. martha: there is and idea of another payroll tax cut that

will juice the wheels and put a little bit of money back into people's pockets. where is that coming from this time. >> reporter: this is a former adviser ron claine. he says after gas prices reaches $4, what he calls a pocket-book protection plan would kick in. that would be triggered when gas prices go too high and it would trigger a 1% extra payroll tax cut. it would be paid for with a corporate surcharge. he says the administration could avoid being unarmed or backing republican policies that i bad for conservation and the environment. the administration itself has not proposed this idea.

martha: they are talking about lowering corporate taxes and he's talking about hiring them. thank you very much. greg: fox news alert the u.s. embass epl embassy in kabul is in lockdown. tke lee gunfire ideadly gunfire is going on. some shouting death to afghan. there are security forces on the move to control the crowd. this is after copies of the koran were burned. conor powell is live for us. >> reporter: this is one of the most serious challenges u.s. troops face in afghanistan during this ten-year war. mid morning protestors began gathering in different parts of kabul. that quickly turned into violent

riots, not only in kabul but in other cities. four people were killed, dozens others were injured. this is a huge problem for the u.s. military. some troops found out that at the detention center some of the detainees were using korans to get messages you the. they stopped them from doing that. the secretary of defense panetta has apologized. this is a serious situation with the growing unrest with afghans. this comes as a delicate time. the u.s. military is trying to make sure they know this was not done on purpose. we expect to see more of this over the next couple of days. u.s. military vehicles were damaged as they were driving

around kabul today. it's a very precarious situation here for americans bill. greg: what does this do to the u.s. mission there in afghanistan? >> reporter: listen, the u.s. military is focused on training the afghans and ultimately handing this war over to the afghan forces. there is a sense among the military and u.s. and foreign dip plea matter they want to hand oe over the security. last year the koran was burned and seven people were killed, they do not want a repeat of this bill. bill: conor powell on the ground, thank you, connor. martha: a dangerous first along america's southern border, a woman in el paso, texas was struck by a bullet from cuidad

juarez mexico. janet napolitano has been reviewing the latest efforts for security on this border in texas. tpobg newfox news has an exclusive look with steve harrigan. >> reporter: we've been following the homeland security chief for two days on power boats as well as helicopters. they've had some success in parts of arizona in lore erring the numbelowering the number of border crossings. in some parts of texas border agents have less than a minute before they reach scuttle shipments. the top pog graph fee here dictates a different type of flight where they have to traverse 60 miles of desert.

home hand secretary janet napolitano says she wants to prevent a spike in cartel activity along the texas border before it happens. >> i've looked at lots of maps and red lots of charts and had lots of sessions with our leadership but there is nothing like seeing it with your own eyes. >> reporter: she faces criticism from local mayors who say progress is hurt by a logjam at ports. >> if you don't invest in the ports of entry, if you don't equip them and bring them up to date then you'll become insufficient. insufficiency drives business away to some other areas. >> reporter: the cartels know the pressure to get perishable goods across the border fast, hiding cocaine inside watermelons or cab pwapbl cabbages is an effective technique. 77 times, they have thrown these

weapons during car cashing. they puncture the tires of the agents. greg: fanny mae and freddie mac are using your tax dollars for more than mortgages. taxpayers have paid almost $50 million in legal fees to defend former executives. 50million of your money. three are accused of massive accounting fraud that the regulator says was made for maximizing bonuses. martha: what can you do but just shake your head in complete wonderment. $50million for three men, when this is the ogs that ogs that a lot of people feel did not take any responsibility. they'd like to see more

recognition of the role of fred do fredee mcand fanny mae. bill: rick santorum is unfire for this. >> when you don't read off the teleprompter, and you do hundreds and hundreds of hours of speeches, they may find a thing or two where they say look, he said this and it might mean this. because i'll defend everything i say, because it comes from here. bill: what he said at a catholic university is coming back today and why santorum says as you just heard, he's not backing down. martha: the the governor of new jersey chris christie does not pull any punches. today he's throwing an uppercut at one of the wealthiest men in the world, also a little bit in there for the house. bill: typically there is no ammo in the guns when the director says action. not so in this soon to be

blockbuster. we will go behind the scenes with the two directors of "act of valor" watch. >> we've got to go now. [ male announcer ] drinking a smoothie with no vegetable nutrition? ♪ [ gong ] strawberry banana! [ male announcer ] for a smoothie with real fruit plus veggie nutrition new v8 v-fusion smoothie. could've had a v8.

bill: fox news alert right now, a shot in the arm for the ailing housing market ahead of the spring-buying season. sales of pre owned homes rising last month for the highest level we've seen since may of last year. it's the fourth straight monthly increase. but economists say we are still well below the 6 million sales mark. that shows a healthy economy. martha: republican rick santorum

is defending comments that he made back in 2008 about satan having his sights on the united states. the former pennsylvania senator made those comments during a speech at a catholic university in florida, and now sarah palin is coming to his defense. here is what rick santorum said at a university nearly four years ago and then followed up by what sarah palin said last night. >> satan has done so by attacking the great institutions of america, using those great vices of pride, va vanity and sense alternate as a root to attack awful the strong plants deeply rooted in american tradition. >> they will attack any american that boldly talks about their faith talking about there is good in the world and evil in the world. for the lame stream mediators to get all wee-weew up about that

you have to wonder if they ever attended a sunday school class. martha: joined by gretchen ham he will the executive director for public notice. alan colmes is the host of the alan colmes radio show. good to have you both here. good debate tonight. it's the last chance before super tuesday to see the candidates face off. gretchen do you expect -- sant rick santorum says i will defend everything i've said out there. do you expect him to defend statements like that tonight? >> i think he will defend statements like that tonight. i don't know how much the other candidates will take him to task on the statements. they do play to the conservative base. you do need to win the conservative vote. i don't know that this will be a big issue tonight. i know most americans are concerned about the me and we have to get back to talking about those issues that matter to all americans. martha: i mean, clearly, democrats must look at this.

alan combs and just sort of say, yeah, just keep going down that road because it is getting us in many ways, folks would consider, a way from some of the main issues. >> i would like to state i am all wee-weed up about this. i also attended sunday school. i'm two for two. it's not just that he says this one comment. he goes onto say things like, you know, and say there is a conscious disconnection -- i'm trying to vote here. obama's practica proclamation issues and his faith. we are a secular nation according to our founders. when he's accusing obama of being too secular and says these should be matters of public policy, this is not somebody that there is good and evil. he says this should be a matter of public policy. this is one of concern -- maybe

of concern to people. how would he instill his faith in public policy matters? that is the big question. martha: that is one of the questions. it's something that i do think that we're probably bagg going to hear questions from the moderators tonight to get these conversations going. you don't know how much the other candidates will dig in on this. do you think that he's made a mistake, there was an editorial in the journal yesterday, and sea think he needs rick santorum needs to fold it into a larger narrative about free society, and liberty and freedom in america where these issues are concerned and that he let's himself get dragged to them in a way that will hurt his candidacy. >> he did get drug into the healthcare birth control issue like that and started offending a lot of women out there on this issue. however, santorum could make this his new gingrich moment in south carolina. remember we were all thinking that newt gingrich had this horrible story out there from his e wife an ex-wife, and all

this going on. it was the first question out of the gate and he came swinging back and just rallied the audience around it, and from there they could hee could they coalesced around newt gingrich. santorum has the same opportunity to do this tonight. martha: he may say, you know what there is good and evil in the world, this is what i meant when i said that. if he can bring this home he may get huge applause. we've seen really interesting reactions from the koud in the crowds in this debate. >> he can say anything he wants to a republican audience, that doesn't mean he'll do well in a general election with independents arwoman who may object to some of the things he's saying. president obama when he was a candidate had to defend the things his pastor said. he us still being attacked by things jeremiah wright said, this is the candidate himself making statements that he has to defend himself on.

martha: the general election on some of these topics would be a much different debate i expect than you might see tonight with all of these republicans still duke it out up on the stage. thanks so much both of you, great to see you both. we will see what happens. bill: we'll see what direction it sands the campaign, right? it is one of the most lawless starts of the world, pirates and terrorism. oliver north reports on trying to keep the somalia area under control. this is fascinating stuff. martha: much-see video. there is one single piece of the bridge, though, that will be spared for a very interesting reason. we'll tell you why when we come right back on phebg "america's newsroom." and where you'd like to be. we know you'd like to see the same information your advisor does so you can get a deeper understanding

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chris christie taking on

billionaire warren buffet. and the governor doesn't usually mince world. he says he's tired of hearing about buffet's proposal that he doesn't pay enough taxes. >> he should just write a check and shut up and just contribute, okay. the fact of the matter is that i'm tired of hearing about it. if he wants to give the government more monies got the ability to write a check, go ahead and right it. martha: absolutely, go ahead and right that big, fat check. he was talking about the buffet rule pushed by the president, aimed at raising taxes on people who make over a million dollars a year. no response on whether or not he heard that and is writing that big check. bill: tracking down pirates who operate off the coast of somalia. seen here these pirates highjack commercial ships but they've also targeted private boats often killing hostages when

random demands are not met. colonel oliver north joined them to find their hold outs. he's live out of mogadishu. is this force able to track down pirates? >> it's able to see that good and evil really does exist in this world, there is no doubt about it. we've seen some evil, there are no doubts that terrorists, and al-shabaab's relationship with terrorists. there is a c counter pry as se piracy force getting ready to go into action. here in somalia, there is a police force conducting operations on the air, on the ground and at sea. we're at a small air base on the coast of somalia, that is the gulf of aiden behind us. we are accompanying the marine

police force set up with the help with the united arab emirates to counter piracy, this aircraft the an26, the work horse of africa is conducting a photo recon nance of pirates and captured ships and locations where hostages are being held. we are going to a company them on this mission. let's go. we over flew pirates flotillas and their land bases but avoided hijacked ships to prevent endangering hostages. the maritime police also conduct operations ashore. in training new police officers like this it isn't just how to fire a weapon, it's teamwork, integrity of the unit and looking after one another. that is when these new police officers are being trained to do. [sound of gunfire] >> countering piracy requires that the marine police force be

qualified not only on land but on see, so part of their training is to become familiar with water-borne operations like these where they can conduct surveillance of vessels up and down the coast and be able to take them if they are pirates instead of fisherman. from the somali tie rat coast i'm oliver north for fox news. bill: one of th one of the great things is it's being done with no u.s. troops. we've seen the effectiveness of what other nations can help with this country come back from the brink of cat ta catastrophe. bill: it's a great job. martha: how about this samba turning into a bea baer-knuckle

brawl? ♪ [music playing]

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to new orleans. hi honey! ♪ h-o-t-w-i-r-e... ♪ hotwire.com martha: we've got that crucial michigan primary now less than a week away, and there is a lot riding on this one for whoever wins or loses. it is mitt romney's home state of coast. some of the recent polls show he may still have his work cut out for him.

a "real clear politics" average poll shows mitt romney in the lead by 2. no candidate has won the nomination of their party by losing their home state. stakes very high for mitt romney. mitt romney has been beaten up over his opposition to the autoindustry bail out. what else is affecting this race in michigan? >> reporter: well, that is a big factor, because there is at least nodding approval by a lot of michigan republicans for that automobile industry bail out. and keep in mind the auto industry is a big, big deal here in the state of michigan. it's spread out all over the country, but still a big deal here. and because of the, quite frankly, lack of reception here in michigan romney spent some time on the trail explaining what he meant. >> i love the auto industry, by the way. i know you do some -- here at eagle you do some manufacturing for the auto industry as well.

i'm delighted to see it's coming back. by the way, it was a good thing it went to the managed bankruptcy i said it needed to go through, all right? >> reporter: when a candidate spends time on the trail explaining what he said in a state where the auto industry is king it's an indication that there were problems with his earlier position on this issue. martha: a lot of polls have them neck in neck in michigan. very interesting race and perhaps a turning point in all of this. steve brown, thank you so much in lansing, michigan for us today. bill: this issue will come up in the debate later tonight, that is the price of gasoline. gas prices are the highest they have been in the month of february ever. what does that mean for the money you pay? this is a break down between gas distribution, marketing and crude oil. 12% go to taxes, 89% to proportion and marketing, and 80% go to refine the crude o*s. with today's national average at

3 hoeupb 27 a gallon, that means you pay the following ... we have a fox business network contributor in chicago on the floor. phil. what are they saying about how gas will go? >> reporter: they are saying incredible numbers. probably you don't want to hear. most people think that we are on a path to $4.25 a gallon. there are many people down here that will tell you that we will see $5 and higher. a lot of course that has to do with the price of crude. the chart you showed about what we pay for oil, that 80%, that is the highest it's ever been. it used to be 50% with the cost of crude oil and refining. that's gone up over 30%, that is squeezing refining margins. bill: it shifts significant amounts of money into different areas of the economy. you're talking about $92 billion

out of the economy into gas. that would buy the following, grocery for a year for 25 million americans. rent for a year for 31 million. clothes for a yor year for 54 million. and health insurance for 50 million americans. that is a real impact, phil. >> reporter: it really is. we're seeing that already. we've seen the sales from wal-mart earlier this week, even though they beat expectations they were still down from where we'd like to see them, and we are seeing gasoline demand at the lowest level we've seen in over a decade. this is having an impact on the economy right here today and now. and i'll tell you this. if we get into a conflict with iran, if we see four or 4 or $5 gasoline someone will have to do something, otherwise this economic recovery we have will be dead on arrival. bill: we've been asking questions on this. bya because you asked.

uncle johnny out of north carolina writes the following, when gas hit $4 a gallon when george bush was president how soon and how far did prices drop after he announced the expansion of oil exploration and drilling. how long did it take? >> reporter: it took about 86 days they fell over 57% and it got down to $2.20 a gol. it wasn't all about the exploration, that was a big part of it. we also went through the economic slow down and that brought prices down. i'll tell you another thing, bill, if we can step back from the brink with iran, if we can lower those tensions a little bit i think we could see another dramatic drop down in gasoline prices again. bill: let me show viewers what bush did and the obama administration did. in read you see the obama administration stopped it with the sepgs of the gul exception

of the gulf of mexico. would that not help. >> reporter: it definitely would help. we are at about 2.85 a gallon. the price of oil was at $85 a gallon. to say that the obama administration is totally being controlled by outside forces when it comes to gasoline, that is partly true, but partly not true. the obama administration, of course, has put new regulations on refineries, they put on a drilling moratorium, khroed do slowed down the production of the keystone pipeline they've froze that. just go back to the drilling moratorium. bill: it's great to have you on our program. we'll check in with you again in the coming days, phil flynn. just need one line because you asked, thanks to uncle johnny in north carolina. he's a good man. martha: and he had a question.

bill: and a good question. martha: a very good question. we want to hear from the rest of the relatives and get some more questions coming in here, right? was it a tragic mistake or was it a murder? it may be judgment day in the trial of former lacrosse player george huguely. bill: awaiting a verdict. gunfire, explosions, this is real-live ammo, navy seals true to life. we go behind the scenes with the director of this incredible new film that is called "act of valor." ahh, one.

two. three. one. two. and, three.

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bill: it has been a landmark along the ohio river since 1928, but that landmark is no longer.

that's going to leave a mark. the for the stuben bridge in ohio blown up and crashing into the ohio river. it carried route 22 across the river for decades. they are saving one portion of the structure, a pier along the river will remain as a monument. martha: right now the jury in the murder trial of a former lacrosse player at the university of virginia is just beginning their deliberations. george huguely is faces charges for killing his e girlfriend, yeardley love. there is huguely as he was walked into court recently. yeardley love was also a lacrosse player at the university of virginia. it is a tragic, tragic case. joined now by tom knieff who is a criminal defense attorney, and

kelly, a defense attorney and former prosecutor. you heard the testimony and the way her body was found. the police as i remember from reading their testimony the police said as soon as they walked into that room they knew they were in a crime scene according to their take on it. >> yeah, absolutely, martha. this girl was bludgeoned to death. the defense seems to be putting all their marbles around the element of intent. they really probably don't have a choice, because there is really no doubt that the defendant was at the scene, and that he carried out this heinous act. what they are trying to do is attack the issue of premeditation. say if this was a situation that got out of control. the problem is there is really too much evidence of intent to plant any reasonable doubt in my opinion in the eyes of this jury. this wasn't just an argument, this was a home invasion. he broke into her home, precipitated this altercation, left her there dead in her own blood, horrible. martha: you talk bin tenth and the fact that it can be formed

even in the seconds before the act takes place. it also in my mind, kelly, and i want to get your thoughts on this. he took the com computer, that's why there is a robbery charge in there. after the event he stole her computer which leads me to believe that he was trying to conceal evidence of emails back and forth between the two. >> i agree with taking the computer was terrible. i don't think he went there with the intent to steal the computer, i think he freaked out and took it. the defendant has been that she was alive when he left. what it comes down to from a defense perspective is cause of death, which they are saying is lack of oxygen and did she crawl in bed and position herself that way. the defense has been very smart by saying, yes he was involved and it wasn't premeditated. and like tom said that's their own option. they have to fall on the sword and try to mitigate, try to get a lesser charge by pointing out

that he was cooperative, he did admit that he went there, he took the computer but didn't intend for her to die. martha: how do you think the jury deliberates on this? just looking at the evidence, in the six charges brought against him, what do you think it is likely he will got? >> if you ever spend any time in charlottesville it's an upperly mobile, liberal, very well educated southern city and i don't think the jury will have any sympathy for domestic violence or a narcissistic arrogant jock who went and bludgeoned this beautiful young lady. the reason why the computer is so important is the judge will have instructed this jury, he's already done so on the issue of consciousness of guilt, that you can look at a defendant's actions after the crime to determine what his intent was. in this case whether or not he went there with the intent to steal the computer, the computer shows that he had the presence of mine, he knew to kick it to destroy the evidence because that computer contained evidence of his intent when he sent the

emails a week before when he said i should have killed you when you got involved with this other lacrosse player from north carolina. martha: it's a tragic case. do you think the defense has any chance of coming back with a not guilty verdict in this case, kelly? >> only on first-degree. i think he's going to be convicted but i think they are doing a great job for trying to get a lesser conviction so he weren't serve his life in jail, just probably a couple of years. martha: what a tragedy for all of the families involved in this story, your heart goes out to them. thank you very much. kellen sanden and tom kenieff. bill: one samba a dancer not ao happy with the results of an annual competition. it turned into an all out brawl bringing down the house with a mamba melee. these are not actors, they are the roughest and toughest america has to o*fr. doin offer. doing what they do best they are real navy seals going behind the

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martha: it is a carnival competition that has people dancing in the streets, but this year's samba parade may be remembered for something much worse. this man, check this out, storming the judge's table and tearing up their votes. tables were thrown, barriers were thrown down and the winners trophy was really bashed up in the process. there was controversy over a last-minute switch of one of the judges that really caused suspicion among the dancers and apparently some of those who were involved not too happy about that, bill. they take their samba very seriously. bill: i get that one. martha: don't mess with that. bill: they take this seriously also, watch.

[sound of gunfire] >> it wasn't for nothing. martha: very intense movie. that was a scene from the new action-packed movie "act of valor" starring active duty navy seals. bill: it's turning out to be a big scene block bus for. mike mouse mccoy and scott wau, good morning to you. mouse, why did you think this movie was necessary to make? and in the same vane why did the navy seals the story needed to

be out there? >> well, i think overall the heroic deeds these guys have been doing in the last ten years to sustain combat deployments and the sack ra is tpaoeusess theisacrifices their families have gone through need to be brought to the forefront. as filmmakers we thought it was time to give them some recognition. martha: scott, it's martha here. did you ever anticipate how wide the release of this movie would become? i think it's in 2500 theaters across the nation as it opens. clearly it's jump off the lot of attention that this group has got even since the osama bin laden hit. >> it's definitely very humbling, mouse and i really set out on a venture four years ago to just tell their story accurately and authentically and have the film really reach this kind of recognition, i think it's over 3,000 screens now coming up on friday, it's pretty

beyond our comprehension. bill: we have another clip here. i believe this is the scene where you went into a border town in the northern part of mexico. i want to share that with our viewers. we'll ask you about that. >> sir, leave two men here. [speaking spanish] bill: that is quite a moment, by the way. we had the opportunity to sit with you guys a few weeks ago and watch the movie here at our headquarters. mouse, how did these navy seals take to acting? >> it's real important to know

that they are not acting, actually. they are not playing a character, they are just playing themselves. bill: good point. >> i think it's fascinating to see what they do for real. you're seeing the leads in the middle of the scenes all the way through. in the big action scenes your lead is really in that action all along. they were good to go with whatever we threw at them. it was a real pleasure, tprao truly the most professional guys we've ever worked with. bill: a huge complement. martha: there is so much compassion and brotherhood. that was one of the thins that really running true for me was just the relationships that you see these men have with their families and with each other. let's take a look at the appearance of some of the actors and the captain on fox & friends earlier. let's watch that. >> that's why there weren't hollywood extras there. there is a choreography that has to go on when you train for combat, and you lay on that a couple of camera crews and civilians trying to document it,

it becomes a lot more come phra mi complicated shoot indeed, right, guys? >> it was a complex piece of business overall. >> it was really important for us to focus on the families and the wives and the human aspects of this story. these guys are really human beings at the end of the day, they are not just warriors, and really dedicated family men. i think that was as much of an inspiration for us as anything, what the wives are going through, and how they are holding together the families. bill: a guy said make sure all your affairs are taken care of at home so we can be entirely focused on the mission. i thought that was poignant too. did you use live fire ammunition when you filmed this movie, is that true and has it ever been done before? >> it has been done, almost a hundred years ago, in the 1920s

when they used live fire in films. we wanted to be accurate to the guys. they train with live ammunition, that's the way they operate. when you see the film it will really resonate to the audience and say, wow, that's what live fire really looks like, those are real tracer bullets that you're watching. martha: scott mouse thank you so much for bringing this to us. you spent four years of your lives working on this. what comes next? >> honestly just enjoying this moment right now. it's a rea a real humbling great dealing overall that the film is being received as well as it is. we are trying to stay in the moment. martha: it's amazing, we were speechless after it was over. we got to talk to you guys and some of the seals who were in the movie. it was an honor to meet them as well. good to see you both, good buck with you. >> thank you very much. bill: we tell folks they will not be bored.

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martha: bill o'reilly sizing of president obama on the tonight show with jay leno. take a peak. >> what are obama's biggest obstacles to getting reelected. >> gas prices number one. number two if the unemployment rate goes back up. it's all economic for barak obama. americans like him on a personal level, they think he's a good guy. i can concur with that, i know him, he's a good guy. but can he manage the economy, and can he get the country under control? now the debt is really the most important thing but people don't really engage on that level. but 16 trillion is a lot of bucks to owe. bill: i was expecting a joke there. martha: a rather serious exchange. bill: for the audience to break out in laughter. martha: he's spending the whole week out there in los angeles. he's