oversight and tougher rules over the financial industry. good morning, everyone, on this mother's day. i'm eric shawn. >> i'm jamie colby. i'm predicting we'll hear more about this. jamie diamond saying some incredible and stunning remarks. welcome to "america's news headquarters". he's blaming the loss, on quote his words, errors, sloppiness, and bad judgment. despite admitting serious mistakes in a strategy that lost balance for th -- billions for e company, he's pushing back. peter doocy is live in washington with the latest. it was interesting to hear from jamie diamond himself this morning. tell us more. >> reporter: we know the ceo of j.p. morgan because he's famous for guiding his bank through great success. he admitted the loss is the result of a terrible, egregious mistake. he said everybody in business makes mistake. just because they lost a lot of money doesn't mean that regulators necessarily need to come in and take control. >> the question is size.

this is not a risk which is life-threatening to j.p. morgan. it's a stupid thing that we should never have done, but we're still going to earn a lot of money this quarter. it isn't like the company's jeopardized. >> reporter: diamond said that he supports about 70% of dodd frank which is the name of the 2010 bill passed to try to clean up wall street. some republicans thing the bill is a dud and won't do anything to prevent future problems. >> i thought that was dodd frank was supposed to be addressed at, and apparently it didn't stop this behavior, and so i think there needs to be oversight and investigation to find out what exactly happened. >> reporter: democratic senator carl levin is trying to strengthen a part of dodd frank to stop the kind of huge bets j.p. morgan just lost on laid out this morning on another show why he thinks stronger regulations should be required. >> these are the kind of bets that put us into the soup to

begin with. if we can prevent these kind of bets from being made, we can avoid ever again having to bail out banks. >> reporter: this morning rnc chairman scoffed at the day of more regulations, saying when democrats control the senate and the house and the white house, they could have regulated more if they wanted to, but they didn't. eric? >> peter, i'll take it. interesting. we talked yesterday about the strategy that the companies use and they may use again. peter doocy, thanks so much, live from washington. just to give you a little context on j.p. morgan chase straight from our brain room, it's the largest and most profitable u.s. bank, it's the eighth largest bank in the world, and as of march 2012, j.p. morgan had roughly 2.3 trillion dollars in assets, but since the loss, the bank's credit rating has been downgraded one notch to double a minus to a plus.

and to plitl politics now. a new dimension for the ballot for the white house. president obama and mitt romney have been staking out their positions on the highly controversial issue of same-sex marriage. this after the president's backing this past week. steve sensteve centanni live in washington. >> reporter: voicvoices from boh sides of the aisle addressed the issue and agreed the president's new position won't have much immediate impact but have different reasons for saying so. the chairman of the republican party said it remains an issue for the states and that federal action would require a constitutional amendment. >> we can wait for president obama to evolve over his opinions on this particular issue. my point is as we sit here today under today's law, we don't have a marriage amendment, but under today's law, president obama's decision in front of robin roberts isn't going to change anything.

>> this comes a day after mitt romney spoke at liberty university, barely mentioning same-sex marriage except to reaffirm his long standing position that marriage is between a man and a woman. president obama announced his new position on same-sex marriage last week, expressioning his personal opinion that two men or two women should be allowed to marry just as man or a woman can. public opinion polls have been moving in that direction. congressman barney frank agrees not much will change because of the president's change of heart. >> if you were going to cast your vote based on a candidate's position regarding same-sex marriage, you were going to vote for obama or romney based on that. i can't think there are many people who are going to say well, i'm going to vote for obama even though he said that gay people can serve in the military, but if he says marriage, that goes too far. i don't think anybody's vote was changed. >> there were no campaign appearances by either president obama or mitt romney today. back to you, eric. >> steve, thanks so much.

jamie? >> all right. thank you, eric. a gunman armed with a silenced pistol murdering a top member of the afghan peace council in kabul. he was a former taliban official who reconciled with the afghan government and was working to negotiate a political resolution to the decades-long war. meanwhile, the afghan government announcing a security transition today. it's taking the lead from coalition forces in areas that will eventually make up 75% of that country's population. and there's deadly violence linked to the unrest in syria, spreading to neighboring lebanon now. gunfire erupting in a predominantly sunni neighborhood. the 14-month long unrest going on and on in see ya has engulfed -- syria has engulfed sectarian violence. they're following the 30-year long occupation of lebanon which

ended in 2005. well, a group of highly respected former nasa engineers, scientists, and astronauts are taking on the agency, sending a letter that criticizes nasa for what they say is the agency promoting global warning. joining us here in studio is a fox news contributor and nationally syndicated columnist. good morning. what are the astronauts saying? this seems pretty unusual. >> eric, how are you. good to see you. what they're doing is asking the space agency, nasa, to stop putting out press releases and making statements saying that carbon dioxide is causing a catastrophic warming of the planet, and i think this is very significant because people who are pro global warming will dismiss skeptics of the theory as flat earthers, knuckle dragging idiots, people who are anti-science. it's very hard to call anti-science two men who walked on the moon and two others who circled the moon but not landed and a total of 49 people who

said don't push this theory, it's not proven, get off it. >> nasa's position is they don't push the theories. one of the chief scientists said nasa does not draw conclusions and issue claims, so how could the astronauts, you know, being saying this? >> their belief is nasa indeed has been among the chief people pushing the idea along. james hans is a very high level nasa scientists and the feeling of the astronauts is that the science is still open, it's not a settled question, and nasa shouldn't be leading the charge on this. >> in terms of what the astronauts say, some critics have been saying they make false claims in this letter that things are not exactly as they seem. really, it's a controversial issue, especially with other scientists saying that there obviously is man made global warming. >> that's one of the points, that there are scientists on both sides. hundreds of thousands on both sides debating this, and sort of the al gore side said this is settled, don't talk any more about it, start the regulations, do cap and trade. clearly other scientists are

saying no, no, this isn't settled and it needs to be discussed and debated. there are probably much better solutions than chaining down the economy and doing the kind of regular lations we're talking about. >> what happens in nasa, for example, or in this community when you've got this battle between highly respected, you know, you're talking about former astronauts, maybe those who are for this and those who are against it. what type of constraints are there inside the agency because of this? well, i think they're able to -- people in the agency can say what they want. obviously these are retirees. they're able -- they're freer perhaps to talk about this. what's important it to have ongoing scientific inquiry about this and there may be points one side will make. the way you find truth is through open scientific engagement rather than trying to tell one side you're not intelligent, don't talk about it, don't address it. >> is there a sense that has not been the case? >> i think there's a real sense, that people who are skeptical about global warming unlike other areas, let's continue experiments, let's test

hypotheses. there's people in favor of the man made global warming theory to dismiss and ridicule and try to humiliate who think this thing is probably not happening, or if it is, maybe there are more sensible ways to address it than doing something like cap and trade. there are things that you can do, for example, such as painting roof tops white, putting iron filings in the oceans to increase their ability to absorb co2. there are regulations on coal plants and tail pipe emissions which are very, very expensive and in many respects don't address this anyway. >> there are those who say we've got to do it. they claim the emissions are causing the climate change now. these are just part and parcel of what we as humans have to do to save the planet. >> they do say that, and very often their solutions are incredibly expensive and will do very little. the european union has a program to spend billions and the projections are in the 2100 they will have reduced temperatures

by 0.09 degrees fahrenheit. i would compare this to perhaps hiring an 18-wheel rig to carry an egg from san diego to boston. >> talk about china and coal emissions. they're number one and they're going to be number one. they don't seem to have any way to deal with it. >> that's another thing. most of these restrictions are basically the united states and western europe tying ourselves down while china and india are expanding, their economies are growing, and they're not particularly interested in this because they see this as a restraint from their ability to go from developing countries to developed countries. the two biggest polluter polluts continue to pollute while the western economies restrain themselves while our economies don't move forward. >> why can't we do something forward? >> you can bring it to the negotiating table. very often in the more recent years when we've had global conferences about this, you have the united states and western europe asking for one thing and the recht of the developing -- the rest of the developing world

saying we'll continue to try to raise living standards in our own countries. if that means we continue to increase co2, they'll continue to do that. >> finally, in terms of the astronauts and the nasa engineers and scientists, what do you see for the future in terms of this debate as it relates to them and the space program? >> well, i think right now the big question is what the space program is going to do. we don't have the space shuttle. the country is totally broke. we've got $16 trillion dollar national debt, so i don't know quite what they're going to do. i think these astronauts and other space scientists have spoken out, and they hope they continue to be very active and vocal voices in the debate. >> it's quite controversial. thanks so much for coming in. >> good to see you. >> thank you. president obama's support of same sex marriage, reflecting his self described evolution, but does it also signal a significant shift in political strategy for the president? will this controversial debate change the race for the white house? our political panel, fair and balanced, weighs in next.

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an historic battleship getting ready for its final voyage. the u.s.s. iowa that once carried president roosevelt to a world war ii summit? now it's being restored for one last trip. independent sunday it will be -- next sunday it will be towed to the golden gate bridge and to the port of los angeles to become an interactive naval museum. it's a mission complished for a world war ii vet. he's on a quest to visit every state in the country. 89-year-old keith bray has made the final stop on his list, rhode island. the retired teacher from silver plaiklake, kansas may not be asy as he once was, but that's not

stopping him. he and his wife they wil thelmad about their travels. >> we always went to the state capitol in each state where we were and to the museum, the state museum, so that way you get a good overview of the state and the industries that are there. >> god bless them and all our world war ii vets and their families. the couple said it could be an end of one chapter but the beginning of another. they say they'll keep on traveling and exploring. that's fantastic. >> jamie: maybe you shouldn't be fooled. maybe you should jump on board because credit card issuers are ramping up lending some folks money, even if you have shaky credit. they're making it easier for many folks to get back on the road to good credit, and in today's take charge consumer protection segment, i wanted to take a look at whether or not you should cash in. joining us, is the president of

consumer education for smart credit.com. great to see you, john. this segment is all about education, helping folks take charge. thanks for being with us. >> yeah. thanks for having me, jamie. >> jamie: those ads, those mailers, they're out there telling people sign up for credit and some credit card companies are offering cards they say are easier if you've had credit issues which so many people have. should you take advantage? >> yeah. the credit card issuing community now that they have fully absorbed the card act in dodd frank are realizing they need to get back to business. one of the ways they get back to business is to focus on consumers other than the fico750 and above which means they're going deeper and deeper into the risk pool which means they're mailing pretty aggressive offers to consumers who even 12 to 24 months ago were not having any access to capital or any access to credit cards. why? because there's fantastic margin if you can manage that

particular consumer properly and not let them go into default. >> jamie: if you get the credit, you have to be responsible for using the credit, but let's face it. a lot of folks who lost their jobs and are deep in debt now need to rely on some financing. you may pay a little more, you may pay a fee to get it, but here's my question for you. help folks out there take charge. can you repair your credit by actually responsibly applying for using he credit and credit cards? >> the answer is yes. not only can you repair your credit while using credit, but you can actually repair your credit by opening new accounts and never taking on any new debt, so in other words, responsible use of a credit card means you use it, you pay it in full, you never revolve a balance. the interest rate becomes somewhat irrelevant. credit scoring systems which are generally used by pretty much every single lender in this country are very, very consumer friendly, especially when you start adding good new accounts

to your credit report even after something disastrous like a bankruptcy or a default or a foreclosure. so if you can put something new like a credit card on your report, without actually getting into a lot of credit, you'll be surprised how easily you can repair the credit score in a short period of time. >> credit card reports and those fico scores are checked by not only other companies but employers. if you're applying for a job and you want to clean up your credit act, so to speak, which ones count? is it department store card enough that you open and either don't use or pay in full, or do you have to go for a credit card company like an amex, master mastercard, visa, one of those? >> the great news for consumers is there's no one that's better than the other. they can use a general use credit card like a visa, mastercard, amex, a trol pet pem

card you use at a gas station. it's not one credit card over another. you're right about employers checking credit reports. not only is it legal at the federal level but even some of the states that have enacted state level legislation to use the -- to control the use for employment screening still have pretty wide loopholes and employers can generally pull your credit when you're applying for a job. >> don't be surprised if they ask you on the interview if you'll allow them to do so. get started cleaning them up now. thanks for joining us, john. >> you bet. thank for having me. happy mother's day to all the mothers out there. >> jamie: absolutely. maybe dads can pay the bills for mom this month. give us a break. >> great idea. >> jamie: building your credit score is one of the issues you need to take charge of. it may even help you get the job you want. go to foxnews.com. click on the america's news headquarters page. look for my link for this program and you can only see it

here of our take charge consumer protection segments, and good luck with that. >> eric: always great advice every sunday, jamie. coming up, new developments from the fox news voter fraud unit, claims of illegal voting in florida. can that swing the election in november? what they found, how to stop it, and what it could mean for the presidential race. >> jamie: plus, president obama has sparked a new debate. he publicly declared his support for same-sex marriage, this we know. the question, was it intentional political strategy? will he use it for campaign fund raising? our panel, fair and balanced, weighs in. > p a day helps defend against digestive issues with three strains of good bacteria. hit me! [ female announcer ] live the regular life. phillips'.

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> >> jamie: you know already the race for the white house is in full steam ahead.

political analysts say president obama's decision to back same sex marriage could signal a shift in his campaign strategy. could it help the president's chances of reelection and what about fund raising? let's bring in our panel. we have the communicateses director for former house speaker dennis hastert. we have the founder of 100 proof politics.com. i don't think that has anything to do with drinking, ryan, right? 100 proof? >> maybe a little bit. >> jamie: we have t to see whetr the proof is in the campaigning, ryan. let me start with you. the president came out on same sex marriage to much fan fare and some political events that will raise money for him in the coming weeks. at the same time, governor romney is speaking to evangelicals and pointing to similarities on social issues between faith and religion and what he stands for, marriage between a man and a woman.

how helpful will this be to each of the campaigns ryan, fair and balanced, to actually garnering support of those they need, particularly with independents? >> well, first of all, let me say happy mother's day and say i love you, mom, and to all the mothers who are out there doing a great job, especially those in same sex relationships, hopefully there will be a day where most americans will say your marriage is just as good as ours and your families are just as good as ours. that's the way most americans feel right now. quite franklin, peopl frankly, t romney who are beating up on gay people to rile up their base is not helping them to stand on the right side of history. >> is that how you see what governor romney had to say? >> not at all. the president made this decision. he was going to make this decision before or after election. i'm glad the president made the decision before the election,

just so we know what he stands for. what this did is it solidified the evangelical vote for mitt romney. he needed that after the tough primary with rick santorum and it did nothing but help him. this decision by president obama i think doesn't help him one bit going into the general election. you know, there are white middle class voters who are moderate democrats that are walking away from him because of jobs and the economy in these battle ground states. the economies are not doing very well at all, and so obama has to figure out a new coalition. i think this is part of that. he needs to energyize the gay and lesbian community, get the fund raising going, get that coalition behind him in order to energize his base and figure out how to get reelected in november. it will be tough for him. >> jamie: ryan, there are republicans who have spoken out in favor of same-sex marriage, and it seems to me as an

impartial journalist looking at the two of you and listening that what both sides are talking about is the recognition of families, family values. whatever your family values may be, being supportive. if that's the case, if that's the way you see it, ryan, then is it a distraction from the issue that's important to all americans which is the economy? >> yeah. well, every day when a couple gets together and expresses their commitment and publicly pledges a lifetime commitment to each other in front of their friends and family, that's a good day. that's a day to celebrate, and you know, all people deserve the freedom to marry, whether you're black, white, brown, gay, or straight. >> jamie: what about the economy? ryan, what about the economy? the president said again and again in his campaigning and his presidency he will not be distracted. he will focus on putting us back to work. he will focus on making people invest in the markets and manufacturing, yet this week primarily was spent on talking about his change in position on

same sex marriage. >> when it comes to the economy, marriage is an important issue. one of the leading causes of divorce in this country is bankruptcy and health care bills that people can't manage, and it starts a lot of stress and strive in families. so when the economy is back on track, we'll have healthier marriages in the country, both gay and straight. >> jamie: i want to keep you on topic because we're trying to talk about the stance of these two candidates in this presidential race on the issue of same-sex marriage, family values, and the economy. if you think the economy is as important as you say it is, is the president doing everything, ryan, that satisfies you as a democratic strategist to turn this economy around at this point so close to november? >> definitely. i think president obama prevented the tea party recession from turning into the 21st century great depression, and he's doing a great job of doing that. at the same time he's working on the economy, he's also standing and sticking by his guns and

standing by his principles and saying there's a right and wrong thing to do in the situation. where i'm from in the midwest, we don't stick our nose in other people's business. if you're not gay, frankly, this is none of your business. people trying to score cheap politic points off this are using gay couples that are committed as a whipping boy to advance their public agenda. >> jamie: ryan, thank you for expressing your passion on the topic. i appreciate you weighing in. ron, let me ask you this. if the president as ryan says is sticking to his guns, then why come out last week and talk about his position on same-sex marriage? >> well, i think he was forced into it because of vice-president biden saying what he said, you know, backing gay marriage. there's a lot of questions about why wasn't the president doing what -- why wasn't the president out there on it? i'm from the midwest, too, and when my family and when voters drive by empty store fronts and there are thousands of people unemployed and they turn on the

t.v. and they hear the president talking about gay marriage, they think there's a disconnection of priorities, that the president should be focused on growing jobs and growing the economy and not trying to grow his coalition for an election in november and then do a lot of fund raising around it where he raised millions in cash this week after he made this endorsement of gay marriage. i think most people in the midwest, at least battleground voters, are going to be scratching their heads are or scratching their heads about that. >> jamie: we know those states are important for both. ron bonjean, ryan clayton, thank you very much to both of you. >> happy mother's day. >> thanks you so much. >> eric: to the fox news voter fraud unit and updates. we covered the case of sheriff jerry bowman who plead guilty to conspiracy in a scheme to steal an election by stuffing the ballot box with illegal absent ballots. now another conviction this past week, 62-year-old james matheny guilty for pulling a gun on an

fbi agent in and a state voter fraud investigator looking into the allegations. there's another conviction in baltimore, a political consultant, julius henson found guilty of conspiracy but cleared of the more serious charges in those robo calls that prosecutors said were meant to keep black voters from voting. henson was working for former fr republican governor's campaign when calls to voters claim president obama's had been successful. all folks had to do is stay home and watch it on tv. he denied the aim was to suppress black votes and said the calls were meant to spur republicans to go to the polls on election day. in florida, new questions today about people who are not citizens voting. the florida secretary of state has found 180,000 matches between non-citizens who have driver's licenses and those on the voting rolls. 2600 names have been sent to local election officials. what does this all mean?

joining us from tallahassee is the secretary of state of florida, ken dexter. mr. secretary of state, welcome. thanks for joining us this morning. >> good morning. thank you. good morning to everyone. >> eric: what does this mean, that there could be so many illegal voters on the voting rolls in your state? >> what this means is we have a legal obligation to make sure that our voting rolls are clean and free of any illegal voters. we have a process in place that parallels and is similar to what we do to remove felons, people that are deceased and mentally incompetent. it's important that we maintain our voter rolls and that they're clean and all eligible voters are permitted to vote come election day. > >> eric: do you think non-citizens, people who are not citizens of the country, have been voting in elections in florida? >> i haven't seen any evidence of that to date, and in fact, part of the process of removing these individuals through a due process procedure will eliminate any possibility of that having in the future.

>> eric: what does it mean when you found these 180,000 names that matched the drivers licenses? >> 180,000 names doesn't necessarily mean those people are on the registration list illegally. we're vetting other databases. i think it's highly likely that number will be reduced. we like to have access to the home and security save database which will help us a great deal in eliminating and lowering the number. it's our st statute statutory responsibility to make sure our rolls are clean. >> eric: when you say you'd like to get access to the homeland security base, what do you mean by that? are you not getting the names of these people? >> that's correct. we asked last year in september of homeland security and other states have scd asked for acces. they allow other agencies in florida access. and congressman jeff miller from florida has recently written a letter to them asking them to provide access to the database on a conversation basis so we can run a match test, so to speak, of our 180,000 names

against the list. if we did that, we'd have a lot more accurate evaluation. for now, the best we have is the other databases that we have in florida. >> eric: why do you think the feds are blocking this? >> i'd like to get the answer to that. i'd be welcome to meet with them at any time. we feel it's important for the federal government to likewise participate to make sure that all voters are legal on our databases both here in florida and throughout the country. >> eric: it would seem only to make sense that you could have access to check if folks are who they say they are when they go to the polls. >> absolutely. that's -- that's the foundation of our government. it's what gives individuals credibility about our process, and that's what we need to do going forward. i'm hopeful that save and the homeland security will grant our requests in the very, very near future. >> eric: what happens if they don't? >> if they don't, we'll proceed with the databases that we have. we'll proceed forward. we'll be making sure that a due process is in place. this process allows for any individual who might be illegal or on the voting list illegally

to have a due process. they'll be given written notification. they'll have 30 days to respond to the supervisors of elections. they can come in and present their documentation that they're legal and they'll be able to vote. if for some reason somebody should show up at a voting place and they've not given notification, they can vote a professional ballot in which the supervisor will take back with them following the election to confirm whether they're legal or illegal. >> eric: finally, in the bush gore race decided buy 537 thoi,0 votes. are you confident this can be cleaned up by this election? >> that's my job. that's the job of myself and the supervisors of elections that we clean it up and make sure that everyone that's on florida's voting list that votes in august and november are eligible to vote. it's required by law. it's my job and my responsibility working with the supervisors, and i'm confident we'll get the job done here in florida. >> eric: i'm sure everyone wants the credibility of the election

system up held. thanks for joining us this morning. if anyone suspects voter fraud, e-mail us at voter fraud at fox news.com. >> jamie: good to hear you have room in the mailbox. meanwhile here in california, better hold onto your wal wallet. the governor is calling for major tax hikes after revealing his state is in the hole $16 billion. the effect it could have on california and it turns out the rest of the country. we'll explain ... next. i'm a marathon runner,

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>> jamie: renewed fears over california's ballooning budget deficit and what it signals for the rest of the country. california governor jerry brown projecting a shortfall of $16 billion for the state. they're facing deep cuts to schools and public safety. our california's budget woes an isolated incident or disturbing trend? let's ask brenda buttner, senior business correspondent and

anchor of bulls and bears, a fellow mom. happy mother's day, brenda. in california, they're really in trouble. the taxpayers are nervous they have to pay for it. will we as well? >> it's often said that california sneezes and the rest of the country catches a cold. california is not alone in slg having these problems. the issue is the states are spending and spending. the unions have pensions that are finally hitting home and the problem is that states have to balance their budgets unlike the federal government which can print money and run deficits over and over and over again for years. states cannot. they have to balance their budgets. so what basically in california they're going to have to do is cut spendin spending, very diffr politicians who want to keep their jobs to do, or raise taxes. now, what does that mean in a recession? it can very much plunge it further. that's what they're talking about. they're going to voters to raise

taxes. they say to keep the schools going so that it will prevent safety shortfalls. >> jamie: law enforcement, all the things people want, but do taxpayers have any say until election time. what if they don't want to pay more? >> well, they will -- it will become a referendum because the legislature won't deal with it essentially. they're not going to make the difficult decisions, so you know, the question is will taxpayers, and we have known that in california, it's the home of proposition 13, and that's where the taxpayers said no to taxes. it's going to be very interesting to see what happens come november there. >> jamie: we have to watch it and wonder about our own states. brenda, thank you so much. have a great day. >> you, too. >> eric: a lot of us are thinking about mom today. she's easy to love, but not always easy to shop for. we've got some gifts coming up that she won't want to return.

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>> jamie: i really hope i'm not the first to tell you it's mother's day today. if you're blessed enough to have your mom and you want to get her a perfect gift, it's not too

late, said adam housley, who is in los angeles with some choices she will love. >> reporter: consumers will spend $152, up 8% from last year. you don't have to do flowers and candy. there are a ton of ideas out there, including this. this is a speaker from acoustic research that retails for $119. it connects to your ipad, iphone, it's a lantern. you can take it with you outside in the yard where you don't have a speaker. you also have pink tool sets. inside and outside this is from apollo precision tools. these range from 35 to 40 dollars. a couple of cameras out there. if mom is more of a pro type, this is a nikon that takes video, the screen on the back pops out and around, has easy dials to maneuver, takes great photos of the kids in action or if your less of a pro, this one is dust proof, water proof, you can drop it, it's shock proof. it clips on your purse. these can be found on line. for low tech, you have this.

this is a munchy mug. kids fingers go inside, it's safe, very smooth all the way around. it won all kinds of awards. if you have something that needs to be refrigerated, put the top on it, put it in the fridge. you only have to use one things. these are a few of a ton of items. you can find all sorts of things on line and of course, mother's day is just around the corner. in los angeles, i'm adam housley, fox news. >> congrats to ad a he's soon to be a dad. thanks so much. >> eric: that's fabulous. thanks so much. chase made a boo-boo, losing $2 billion. there's calls on capitol hill to change the regulations. jamie diamond said they can clean up their own mess. reaction straight ahead. ok! who gets occasional constipation,

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>> eric: have you heard about the claims that some of our tack pairs' money is going to help fund the taliban? a new book claims just that, that the enemy in afghanistan has received a bonanza from us, money that they've used to kill our own troops. how has the media covered this? liz trotta joins us every sunday at this time with her commentary. good morning, liz. >> good morning. >> eric: this is pretty astounding. what are these claims? >> this is the quote, unquote, real story and we're beginning to get it now after almost 11

years. we're beginning to finally get some picture of what's really going on in afghanistan. this is one of the books. there are a few others that have come out really putting together what a daily journalist wasn't able to do or failed to do, and that is to put together, add up the totals, and boy, are the totals big on how much this war has costing and how much of the actual knowledge of what's going on is getting through to the american public. the author is a historian, and he's also described as a journalist, and he does very well in both departments. for example, he tells us, and this is not new, but it's nice to be reminded that the daily press briefings referred to by the military officers as feeding the chickens, and the point was to get updeet report upbeat repe

war. does this sound a little bit like another war we had a a long time ago? the only unity is the scrubbing of the news, and that is the news that gets back to washington from officers in the field, particularly aid and development where the billions, some say hundreds of billions, have gone. basically he describes it as a mafia set up where everybody gets paid along the line. you build a road in afghanistan, and the taliban gets its cut, and on and on and on. he also talks about, for example, a valley that journalists visit. it's a destination of choice because they get good war footage, fire fights, and he implies and one wonders doesn't the taliban know this and use the valley as the place to form

public opinionn in america or at least to affect it? and refers to $20 billion spent so far since 2002 on the afghan army. well, i just saw today in afghanistan one of the peace council elders, supposedly someone who turned themself in from the taliban and was ready to deal, was shot on his way to work. so he really kind of pulls this all together and along with other books is doing what journalists did not do, and that was tell the american public what's been going on in that war. >> eric: liz, quickly, how come you think the media hasn't picked up on this more? >> from the very beginning i thought the mbed system was a complete disaster, an invitation to having access but no real information. i think that's really it. of course, a lot of it is

access, you go along to get along. i think that's very much the problem. certainly television hasn't had the chance or the time to get into that. >> eric: the book again, funding the enemy. liz, fascinating topic. thanks so much. >> thank you. >> eric: that doe it for us on this mother's day sunday. i'm eric shawn. >> jamie: we wish happy mother's day to all the moms out there. america's news headquarters rolls on from washington now with doug mcelway. have a great day, everybody. take care! >> these are serious issues that he's talking about, and this is a serious race, and this is serious times. >> ann romney sits down for a one on one exclusive interview with fox news. hear what she has to say about the campaign, her faith, and some of the most difficult challenges she's had to overcome. banking blunder. big bank