>> okay. >> all right! >> greta: this is a fox news alert. the nation is being ripped apart tornadoes, ravaging illinois, missouri, kentucky and kansas city. they are still on the move heading east. they just hit tennessee and three people are dead there. in the midwest, storm has killed ten people. powerful winds showing absolutely no mercy flattening entire blocks of homes. this new fog is breaking by the minute. also.... >> once this is brought to my attention, i stopped it. >> greta: that is attorney general eric holder said about fast and furious but do lawmakers believe him? darrell issa is here. mortgage giant fannie mae is

trying to grab more cash from you. company has cost you billions of dollars. what do they want now? you'll have to hear this one. but first, here comes super tuesday. last night, governor mitt romney took michigan and arizona by a landslide but that was last night. already the g.o.p. candidates are turning to the next ten states, setting their sights on big prize of super tuesday. that is 419 delegates. newt gingrich banking on the south to keep his campaign alive. fred thompson hitting the campaign trail with speaker gingrich. >> i think we're in the tipping point in this country in a bad way. when you have a debt that is big as the entire economy of the country which is three or four european countries in worse shape than we are, you have a serious problem. you have a president who intent not doing anything about it but demagogue go anybody that tries

to do anything about it. he is trying to divide the american people. you got a serious situation on your hands. >> greta: in 2008, senator thompson ran for president himself. nice to see you. i take it you miss running? >> no, i don't. been there, done that. >> greta: speaker newt gingrich. some of the candidates have a lot in common. all want to get rid of healthcare so i'm curious, your candidate, newt gingrich, against romney. why did you pick gingrich over romney? >> i talked about that, by the way, i need to be tennessee based on what you said. that is serious business. yeah, everybody is reading from the same song book. everybody is saying the same

thing. everybody has their talking points and agreeing on fundamental things. the question is who has the debt and who understands what they are talking about. i think newt has shown time and time again, especially in the debates that he understands how the situation works. he understands the problems and he knows how to take the obama policy tree down limb for limb. he is talking about paying for it right now like the energy problem. he's got obama answering him now about the gasoline situation. prices at the pump. what needs to be done. how it works. how the price is established. where the drilling can be done. what is private land and what is public. he is steeped in these policy matters and has been for years. we no longer, we conservatives kind of go band back and forth. we can't afford to elect somebody whose battle cry is i

know nothing about washington. i think you need to know where the bodies are buried and what to do. i think newt is the guy who does that. >> greta: that the governor romney who never served in washington. senator santorum was in washington. so allowing your candidate, why would you choose gingrich over santorum? >> experience. rick went through the senate, i served when rick did in 1994, but we went in large part because of the plan that newt gingrich laid out in his contract for america. he conceived it. he implemented it. when we got elected we were all on board and able to balance the budget last time in our lifetime. we passed welfare reform, we kept putting it back there and newt gingrich was persistent in that. he was the leader.

rick worked hard on the same things. rick is a little younger. newt has conceived a political revolution in his lifetime and implemented it. i think that the country is such shape as i was talking about, we need someone who understands what needs to be done, who can do it in an aggressive way. the fact heupset washington doesn't bother me a bit. >> greta: a lot of his former colleagues isn't rallying around him. why aren't they on the same page? >> it doesn't bother me a bit. i got involved because i'm concerned about the future. we've got a president now who intent on ignoring the major

problems facing the country. who is intent on dividing the country along every line imaginable. conservatives would like to join with him to do things on the fiscal side. he ignores the recommendations of his own commissions. he demagogues that would dare do something about the entitlement issues. some say 70 trillion dollars in liabilities that we can't possibly pay for. we're waiting for the inflation to kick in. multitie billion dollar deficit that we've got a debt bigger than the entire national economy. if interest rates weren't so low we would be done for. if they get back to normal rates the biggest debtor in the world we're going to be even more immediate trouble. i really do think we're at a

tipping point. we've got a president who wants to take us in one direction which basically is the european direction. they got a guy over in france, socialist leader that is leading nicolas sarkozy in the polls that wants to raise the top rate to 75%. i hope obama doesn't see that. if the small business person will pay a little bit more, we'll solve this budget problem. we've got some other folks. i know what the candidates are going through. i know how long it is. they are getting better on the trail. everybody makes gaffes but they are all getting better on the trail. there is one guy who can take the situation and give it a good shaking and this is what the country needs. if we elect a republican and do things around the margins and around the edges and can't

communicate to the americans. that is the big thing. newt can communicate to the american people. he understands what is going on in the country. he can tell the people why we need to do what it is that we need to do. >> greta: tuesday is a big day for him. >> it's a big day. if he does well on super tuesday he is right back in it. >> greta: senator, nice to see you. now to rick santorum's latest comments on the campaign trail. they will probably surprise mitt romney. and we know romney won the popular vote but what is santorum talking about? nice to see you dana. >> thanks for having me. >> greta: what the story? senator santorum says he won in michigan? >> it's hard thing to understand. maybe he will pick up 15 delegates, maybe split 15-15

split. popular vote was 41-37% romney, santorum. to look at the headlines this morning and the question was, the headline was not romney wins. it was romney didn't lose. that could be what senator santorum is saying. two weeks ago. santorum was up by 10 in michigan. he lost by popular vote and he lost key constituency except one that is identified strongly conservative. >> greta: why did he resolution them? >> he lost in white suburban counties including blue collar workers and lost among catholics but he did better with evangelicals. so he made up some amazing grounds, this is santorum we're talking about.

at this point we're talking about maps and number of delegates. arizona was a winner take all state. mitt romney gets all of those delegates. if they split in michigan that is one thing. one of the key states you talked about, fred thompson is there virginia. it's a big state, a purple state which means it goes back and forth republican and democrat. as the possible pickup for republicans this year. rick santorum unfortunately for him is not on the ballot there. >> greta: an interesting thing to watch on tuesday is ohio. that is the state for now that rick santorum is doing well in. intriguing thing, the former u.s. senator who is now the state attorney general originally endorsed romney and now switched to santorum. >> also senator portman who the current senator from ohio. >> greta: on he went for romney.

>> he went for romney. he is very popular in the state. today romney was in ohio and he hitting the ground there because just like two weeks ago when santorum was doing well in michigan, now i think romney's team realizes they have to be in ohio. every republican realizes that ohio is key to getting to the white house. if you live in ohio, you will see a ton of traffic coming your way. >> greta: a little discussion today whether or not jeb bush will get into the race. he always says no. but the day after if there is some grumbling within the republican party to get another person brought in, is that media trying to stir up another story? >> i think a little bit of both. answer for him he will not get into the presidential race at this point or even if there were a brokered convention, i don't think that, but i think mitt romney has won decisively in

some states even florida. but he be a presidential pick? i think we like to see the drama and keep it going. i think jeb bush is going to be the person that runs this time around. >> greta: that was senator thompson's phone and not mine. it wasn't yours either. >> bye-bye. >> greta: attorney general eric holder calling fast and furious bad law enforcement. he appeared frustrated. >> once it was brought to my attention, i stopped it. i stopped it. in spite of what other attorney generals might have done with briefings that they got. when this attorney general heard about these practices, i said to the men and women of the united

states department of justice, to the field, this ain't going to be the way we conduct business. stop it. >> greta: so what do they think of latest testimony. chairman issa, we spoke to him a short time ago. >> nice to see you see you. >> nice to sort of see you, greta. we're working on that issue by the way and we think it's going to be a good one. >> greta: great. what i want to talk tonight is about attorney general holder when he heard fast and furious he stopped it. is that the question you have for him? are you getting the answer to the questions you want from him? >> greta, as you know the attorney general holder didn't hear about until very late, long after people like brewer had orchestrated it and been involved in it. our investigation has always been to make sure we find out

who was responsible and how to stop it. as you also know, eric holder, he said this was fundamentally flawed in his testimony before appropriations, he implied you could do the same thing better. laney brewer the same thing when we were getting documents they never let guns walk was in mexico was trying to negotiate a new gun walking program. >> greta: he could have stopped it himself or could have walked into attorney general's office and stopped it. that the first problem. second problem, holder has been 2nd, who is the highest ranked person in the government who authorized fast and furious. first question. and second, who on hor is highest ranked person whether the attorney general level or someone at the white house, who knew about while it was going on. did you ever get those answers? >> no, we don't.

we suspect a great many of them are located in the 74,000 documents we've been denied. as you know there has been 80,000 documents requested. we've received less than 6,000. >> greta: forget the documents. why doesn't someone just ask him the question. if he says, i don't know. then you say, isn't it your job to no, sir. don't you run the justice department. why don't you go down the street and come back with the answer? >> that is the answer we want. it's all the way down to burkel, that was the questions we asked when he was before the committee that one time. but we do intend to get the answers. we've been promised by the attorney general further cooperation. we recently granted him an extension, well past the expiration of the subpoena in hopes we will be able to avoid any further action and be able to get cooperation. >> greta: an extension, i've

practiced law for years and it doesn't take forever to get answers to question. but the reason this dragging on to the painful to the family of the agent who was killed, border agent is because whoever made the really dumb decision to go forward with fast and furious may still be in the federal government making more dumb decisions. we need to get that person out of that position. a lot of this gets dragged on, he's in a position to do other stupid things? >> exactly. the highest ranking person who had a role was patrick cunningham. he resigned and said he intends to take the fifth. so we go up to a point, but as the evidence we have shows laney brewer needs to answer fully when he knew it and why the evidence he knew a lot earlier, he didn't recognize this was deeply flawed as his boss said

it was the moment he saw it. >> greta: one more question:, have you put the question to attorney general holder, did you authorize fast and furious? >> we have. he said he did not. he said he didn't know about the first few weeks, few months answer. we take him at his word. the problem we have, we can't take this is finished. we have to see it to the conclusion and the conclusion has to be on behalf of brian terry's family, responsible for losing their jobs. more importantly we have to make sure this will never happen again. >> greta: if he didn't authorize it. does he tell you who did and does he tell you whether or not anyone, for instance, at the white house knew about it. this whole investigation seems like an awful lot of dodging, only because i don't get a straight answer. i don't hear them? >> straight answers have been

hard to get. we have had some denials limited, but some denials about what the president would have been told or not told. we've been told he didn't know. unfortunately we've also had executive privilege claimed more broadly than ever in history. they are essentially work product rather than tell us the truth or not and how they felt about the investigation and what cover-up may have gone on. that is considered executive privilege. it's one of the areas we have to get those documents because we have a right to know who orchestrated telling us a lie in the february 4th document. we've got to hold people accountable. public understands eric holder says the hearing was fair, was admitting people need to be held accountable. he is waiting for the i.g.'s report, we are, too, but we have to pursue the investigation hopefully to a close very soon.

>> greta: congressman, thank you sir. straight ahead, will they ever stop asking you for money? you have already paid them tens of billions are positive for bonuses and legal fees, is so what do they want now? elizabeth mcdonald is here tonight. >> and something serious is going on between israel and obama administration and it has to do with iran. and hillary clinton doing a political tanning well her husband? why they are not seeing eye to eye. we'll hear from secretary clinton herself. with the capital one cash rewards card

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... >> greta: guess who has his hand out again? fannie mae. how much money, $4.75 billion to cover its fourth quarter loss. you the taxpayer have spent $150 billion to bail out fannie mae and freddie mac and just last week, that you paid $50 million to fannie and freddie executives. they have been investigated for cooking the books and unusual twist you have to pay their lawyers whether they scammed you. how can they be asking for more of your money?

what if the taxpayers don't give them the money they want? >> that is not possible. because there a law on the books that these two have an unlimited pipeline into the u.s. treasury. so they can basically come with a tin cup to the regulators and say they need more money and get it. >> greta: is there any sort of incentive for them to be efficient or competent or have any great vision or conservative in how they spend the money? >> i don't see that at all. i've been through fannie mae and freddie mac's filings and cost to bail them out is going to $190 billion. this is biggest that goes up with aig. so essentially what you are seeing, fannie mae and freddie mac are both in protective custody of the u.s. federal

government. what is dangerous for taxpayers you are being used to fund different sorts of policies. for example, last december, the idea was let's use fannie mae and freddie mac to increase their mortgage fees then we'll fund temporary payroll tax cut. that kind of thinking, that ends that they are part of private sector. they are part of the government. they should be on the government's balance sheets. that means the deficit is really north of $20 trillion, because the balance sheets are north of $5 trillion. >> greta: i suppose their losses, but in part people have refinanced and making lower payment interests and because the high level continues to fall. i guess we lay that blame on the executives. >> i think you could. you could lay the blame on them. fannie for example backed

countrywide financial's decision, they have been accused of reckless mortgage practices. in 1999 they had a fast and easy loan program. no income, no proof of income, no job, no problem, we'll give you a loan. that is what fannie mae and freddie mac was doing. they were doing a housing policy along those lines. when you hear the government say we don't have an industrial policy. we don't do planning. we have an industrial policy for years and it's been fannie mae and freddie mac. >> greta: thank you. >> coming up tornadoes rip across the midwest. now survivors, lucky ones are telling their horrifying stories. also, time of great uncertainty about iran. there may be rising tensions between united states and israel. kimberly is here with new details next.

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... >> greta: this is a fox news alert. deadly tornado that slammed through the midwest are now moving east. violent storms sweeping across tennessee killing three more people. already ten people dead in illinois and missouri. they are ripping apart everything in their path. entire neighborhoods wiped out. one of the hardest hit towns is harrisburg where six people were killed. rescue workers are searching for

people. there were more than 16 twister sightings from kansas to kentucky and missouri. tonight survivors talking about their terror as the violent storms mowed them down. >> we are going to get crushed. i saw everything come down us next. it was scary. i don't want to do it again. >> it was differently scary. 2:00 in the morning, i'm on second floor. you can hear the building tops tear open. >> all of a sudden, windows were blown out just like a big shotgun went off. >> greta: the town of branson, missouri cleaning up. tornado taking off roofs of hiolts and damaging music theaters. >> something is going on. this isn't just random. israel is saying they are not going to give us the heads up if or when they strike iran. is the relationship with our

ally bruised or is it a tactical reason? kimberly joins us. nice to see you. you i saw your report, israel we are very close to them? >> they said it to a series of u.s. officials that visited there. you have to look at the context. the israeli prime minister is about to head to the white house next week. he wants president obama to come out with a joint statement. this is what the israeli press is saying, we will attack iran if it builds a nuclear weapon. the u.s. has indicated it doesn't want to say something like that. it thinks a preemptive strike would be a temporary set back to iran's nuclear program. what you are seeing, israelis saying, hey, this is what we might do. >> greta: and we're not going to tell you, though. publicly, it's hard for me to imagine, israelis wouldn't tip

us off? >> they said for your own good, that way the international community can't beat the u.s. for not stopping the attack. we might give the u.s. half-hour heads up, not enough time to call anything off. >> greta: is the obama administration feeling the heat with netanyahu coming here to meet with the president. he has other activities. is the united states feeling pressure from israel? who is in the driver's seat on this? >> they are feeling pressure because the israelis have their hands on the trigger in this case. but the israelis also are using this to try to get tougher sanctions. they are also asking more of other nations to step forward and say, we're against more publicly as opposed to israel saying over and over, we're under threat. >> greta: it's deafening the silence from other countries.

i haven't seen any country going to bat on this. >> secretary clinton was saying other countries have stepped up to the plate to put sanctions into place and taking economic steps against iran. >> greta: but not military? >> not military and israel wants them to come out more publicly and condemn iran for its alleged nuclear weapons program. >> greta: we should mention the u.s. negligence they are close to not having a nuclear weapon? >> they don't think they made the decision to go ahead and build the bomb but they could. >> greta: it's very serious. thank you. >> israeli prime minister netanyahu is headed to the united states. he will be here on monday. he'll meet at the white house with president obama. no doubt our relationship will be on the agenda. liz cheney joins us. is our relationship with israel,

is it's bruised? >> i think it's clearly bruised. the facts that those conversations are going on in the public sphere tells you how damaged the relationship is. i was struck in particular comments made by secretary clinton when n response to a question, when you see candidates on the campaign trail talking about how important the israeli american relationship is expressing their pro israel opinions, it's simply rhetoric. for candidates from both parties, that is not the case but the secretary of state would be questioning the sincerity of our candidates relationship and feelings about israel tells you something. >> greta: it's so interesting, there were reports that israel, that this was not a military tactic israel could be successful. they didn't have the military force. they would have to fly so far.

and that the obama administration and pentagon was leaking information to media to discourage israel to take military action. >> i think the strategic calculation must be going on is a troubling one for the pentagon for the chairman of the joint chiefs to be talking publicly will w more concern about restraining israel than he seems to have restraining iran and their nuclear program. the president has said repeatedly that all options are to be on the table. if the white house is unwilling to say, yes, if the unions continue to pursue a nuclear weapon, they will face military force. unfortunately what that does is makes both the potential for a iranian nuclear weapon and potential for military force more likely because miscalculation. at that point there is nothing that the iranians can be given by the international community that is more valuable than a

nuclear weapon. >> greta: sort of opposite situation but i don't know how powerful, north carolina they desperately need -- north korea they desperately need food. >> we could in fact have an aggressive simultaneous hard hitting sanctions in place. what i have seen. we have increased the pressure through sanctions. there is no evidence that the sanctions with respect to the iranians are in fact having any impact on the nuclear program. >> is that because china and russia are cheating them. sanctions will never work. we had that whole thing with russia that obama was so proud of. part of being successful diplomatically is to get your allies on board when necessary. think we are seeing an awful lot of talk from this administration about the risks of the military

strike against iranians. i hope they recognize that the risk is much greater if one of the world's worst state sponsor's of terror gets a weapon. this is wrong time to be distancing themselves from israel. we should be presenting a united front. i hope the dwindling is left. >> greta: and situation in north korea, they have some sort of successful forward motion? >> look, i think we've seen that. we've both seen the movie. you know the north koreans have learned it's very effective for them to take steps. for them to stop the plutonium program with respect to nuclear weapons. they have never been honest before. the biggest threat that we face as a nation is the proliferation of nuclear weapons. north korea is most likely have happen and we shouldn't allow

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it's beautiful. ♪ ♪ .... >> comments made by bernanke, dow ended down 12952. ben bernanke telling lawmakers the economy has performed better than expected. it appears less likely the fed needs another round of bond buying. fannie mae and freddie mac needs more money from taxpayers.

they lost money and they are asking for $4.6 billion. taxpayers have spent $150 billion to prop up fannie mae and freddie mac in the most extensive bailout in the 2008 financial crisis. to find the fox business network log on fox business.com. giving you the power to prosper. >> greta: leon panetta warning congress, don't cut the defense budget or our national security will be at risk. insisting congress stop the automatic defense cuts by the super committee's failure. >> it will hurt the country's defense but also the quality of life in this country. >> greta: congressman alan west, good evening, sir. nobody wants to be cut.

everybody said we should be cut but nobody wants to be cut. >> i have to tell you we did not protect the sacred cow. you'll see $487 billion cuts over the next two years. one of the things that disturbs me, we can't continue to look at the military as bill payer for our fiscal irresponsibility. obama administration says they will cut healthcare benefits to retirees and raise the rates by trip will. until we have leadership to cut the medicare, medicaid, social security, net interest on the debt you can take the military defense budget and zero it out but you will still have close to trillion dollar deficits. >> greta: what distresses me and secretary of defense was raising taxes and cutting entitlements, but this whole business about

going after waste and fraud. there is a lot of talk but there a tremendous amount of waste and fraud. but it's never about waste and fraud. >> that is a great start. a year ago there was report by the gao $300 billion. you and i have tackled that situation. we've done the programs. when you come to washington, d.c. right now, you notice a lot of construction cranes. it means the government is growing. people have less money in their pockets. >> greta: first time i met you, you were here about 30, had a days and you got a unanimous vote. actually the department of defense. >> we found three ways for department of defense to help. as we talked about, what if each and every member took that scrutiny and went to their jurisdiction committees and they start to look at those budgets, one or two things. that is only about $30 million

over the next five years, but if every single 435 members would do that, house and senate. >> greta: i think it would inspire the american taxpayers to show you were least trying to pay attention what you are doing with the dollars. it may be if we recover, we have to do something else but it would send the message that you care? >> that is why i tell people it's not about raising revenues by raising taxes. until we can show we're going to be fiscally responsible up in washington, d.c. and do the hard work that the american people sent us up there, why should we ask for more resources to the american people. >> greta: the whole irony, no one could agree on the debt ceiling so there would be a super committee that would solve our problems by thanksgiving and if that didn't happen we would go to automatic trig. so we go to the automatic

trigger with the huge cuts but they were set up to occur after the election so no politician will be hit in november. so it was rigged against the taxpayer. >> one of the things we're going to do, as a matter of fact the chairman has brought legislation we can find that $127 billion in that first year. so we don't have to do it to defense. when you talk to the chairman of budget committee, paul ryan, we can find $1.2 trillion in cuts but it doesn't have to come on the backs of our military. right now when you talk about the defense situation you see all across the globe, we shouldn't sending a message to our enemies we're going to cut our defense right now. >> greta: can you say awkward. what he used to his wife. you have to hear this, next. hasd for their clients' futures. never taking a bailout.

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... >> greta: you've seen the top stories but here is the best of the rest. secretary of state hillary clinton lands in a tough spot at capital hearing. she was defending the keystone pipeline rejection from president obama. there was an opposing view. >> even the former president

bill clinton says embrace it. we need to move forward with the keystone pipeline? >> he is very smart man. [ laughter ] >> he unfortunately is not bound by the laws and regulations any longer of the united states to make decisions that follow a certain procedure. that is what we have to do. >> was it a mistake for the former president to embrace it? >> of course not. this is america. people say they embrace it. people say they hate it. >> greta: by the way, president clinton said the best things about former president you can say whatever the heck you want. >> and you will love this ad. guaranteed. >> it's economics for five-year olds. the gas is lot more expensive now. this is what it is now. this is national debt when i was

born and this is the national debt what it is now. yuck! >> greta: barry hinkley finding a great way to grab attention. he is using his five-year-old son as a spokesperson and little hudson is definitely a winner. >> after betty white takes a new role and new leading man. ♪ ♪ >> you can tell which one is male or female by that. >> greta: she is teaming up with guns and roses guitarist slash. doing ads for the los angeles zoo to try to get the new reptile house attraction. there you have the best of the rest. coming up, he was a '60s sing

earned a heartthrob. davy jones, a look back at jones and the monkees. @@

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>> greta: tonight fans around the world remember lead singer of the monkees, davy jones. they sold millions of records and had a hit tv show. ♪ [ music ] . ♪ [ music ] . >>