that another european nation is getting ready to ask for a bailout, this time it is spain. they are holding emergency talk to address the massive financial problems. greg burke has the latest on this crisis. >> that's right. a very important conference call. spain has expected the bail out and it is not official and unclear whether it will be official in that call. it appears it is going to happen sooner or later. and saying it is significant because of the size. it is the fourth largest economy in the euro zone. it was considered too big to bail out. and now appear that is madrid will have to ask for help. spain will get money to pay, but unclear what form it will come or lent to the banks or

go to the sovereign government. the problem is spanish banks. they are talking about a bailout that range 40 billion to 80 billion euros. that could be as much as hundred billion . banks are the bill ones and they have spawned a protest and people worried about losing their money. there is so many bad loans on the banks and started with a big real estate bust in 2008. it is a delicate time for all of europe. a lot of attention on grease right now. it is a small country but it is in trouble. they are going back to election and just a week from tomorrow . everybody will be looking at thatment finally uma. spain is so much bigger than greece. it is like a bumper falling off of the car. and span spain is more like if

you have a flat tire you have to keep it fixed to keep it going molly henningburg is live on the details of the investigation. >> attorney general eric holder ooh pointed two u.s. attorneys to point out how the cyber war with iran and pakistani doctor who helped to get osama bin laden and how all of that became public. and they are leading separate investigations in the leaks and they are started by the f.b.i. . holder said in a statement, i have every confidence in the ability to doingudly follow the facts and evidence and pursuit of justice where ever it leads. republican chairman mike rogers has conscience that

holder set up a big prob and allow the attorneys to investigate it freely. i look forward to hearing how they will be independent from the chain of command. his white house is trying to find out where they are coming from. >> my white house would purposely release classified national security information. mccain suggested that the president should look in house. the journalist themselves identify the sources as administration officials. aides to the president and members of the president's national security team. mccain wants the president to appoint a council and

investigate the leaks and prosecute the important of security. >> we have more on the fall out of the sensitive classified leaks and concerns that they have tie to the white house. thank you for joining us. >> the president is defending his administration against the white house deliberately leaking the classified information in an effort to make him look good. do you believe him? >> i think it is undeniable that some of the information in the stories came from the white house. for example, the cyber effort in iran includes a transscript of the president's last phone call with hosnea mubarack. where could that have come from the white house. specific word and reactions in the situation room.

there is no doubt some came from the white house and that's the reason i think an independent council would give a better chance it is not just an isolated incident or twompt that is it the way too much detailed information and not only what happened and how we do things became public. when all of that becomes public it makes it harder to conduct the and it is very serious business. and no doubt in the past couple of months as senator fein stein said there is it an avalanche of leaks. >> and you think that two u.s.

attorneys are appointed by the attorney general and will be affective will they report to him directly. >> there is concerns about that. there will be in the chain of command and still dependent on the justice department investigators and other prosecutors. and some had to recuse themselves from the case. >> and the fact is, that one of these men has been a donor to president obama politically over time. so the key is. we need to have the most reliable independent investigation that takes wherever. >> it is. i am concerned that it is not going to have the aura of independence that really the country need and we need to put this beyond politics. we have seen an extraordinary thing. house democrats aresaying this is horrible. it has to stop. we need to keep that

independent bipartisan nature going. i think they can do it better. >> thank you for joining us today and appreciate your insight. four french troops were killed north of afghanistan and in an area controlled by french troops. it was detonated with explosives. the taliban claimed responsibility. and france's president offered condollences and his plan would draw most than two years. >> russia foreign minister is not opposing the departure of president assad if that is what the people want. this word comes after actvist that killed people in southern syria. residents in damascus said it is the worst violence since

the uprising began. >> tensions in u.s. and pakistan reaching an all-time high. pakistan officials are refuting allegations from secretary panetta that they are allowing the militants to attack u.s. forces. peter? >> let's rewind. the united states has a problem with pakistan because militants are using pakistani land before hopping over the border to attack american troops and now our secretary of defense leon panetta said enough is enough. we cannot tolerate the situation and findings of terrorist, and come across to attack our troops and kill our troops and return to a safe haven. that is intolerable. >> we approached them time and time again and they have to

deal with thatuation and we cannot allow that to happen. we have reached the lims of our patience. >> pakistan heard that and they rejected that. the attack in november said in a statement "we feel that the secretary of defense is over simplifying the complex issues we are all dealing with in our efforts against extremism and terrorism". even though it is unlikely until they crack down on the military group. they see no reasons for them to. pakistan will do what is in their best interest. >> it is kind of like fighting on a treadmill. you are not getting anywhere. you are keeping pace and fighting the neand - enemy and defeating them. >> if we asked if the united states is at war with pakistan he said we are at war with

anyone who attacks our country, uma. >> thank you very much. >> when the world trade center was on september lenth. >> and in a major development in the decision to expand coverage of the existing program, it was made yesterday. it comes years after emotional lobbying. and firefighters and police officers and office cleaners and many other people who fell ill in the decade after september 11th and in the 9/11

program helps people with their illness. now people could qualify for treatment and payment as long as they and their doctor make a good case it was caused by toxic dust. previously it only covered asthma and sinus irritation. first responders do have cancer, but there is no scientific evidence of the dust connected to the cancer. there is concern that adding cancer to the list could strain the program's limited resources. congress caps funding for the program for the treatment. and compensation payments. those numbers will still remain the same regardless of how many people file for the benefits. durnt u currently willy i people enrolled in the program

and more are going before it closes. no official estimate was made on how much the addition of cancer will cost. >> and a move by one colorado college will give illegal immigrants a break on their tuition. the board of trustees voted to lower on those who graduated from high school. they will pay $5000 less than out of the state students. a similar bill failed to pass the state legislature. turning to other news. the special election for gabby giffords's seat. giffords is hosted a concert on behalf of barber who is a former staffer for giffords. barber is running against kellie. kellie fought to nationalize

the race by accusing barber of putting in. most powerful side on our side is this. we are right and they are wrong. >> new jersey governor chris christie taking aim at president obama and his agenda. and christie is not the guy. what they want on the ticket. we'll tell you who that person was next . new fox news polls are out with low scores for governor romney in areas. romney supporter is going to be joining us to set the record straight. and coming up next. governor sarah palin is back with us and she will answer the questions and tell you what she would do to fix our nation's ailing commempt stay with us. a party?

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>> the president is fundmentally pleased at the way we support our economy and take more taxs and spend it on public workers that will pay a fraction of that money back in taxes. if anyone ran a business like that they would be out of the

business quickly. >> that is new jersey governor christie slamming president obama's recent comments on the economy. christie was not the top pick for vice-president at the cpac. winner of the conference straw poll was florida senator marco rubio. >> he said the private sector is doing fine. is he really that out of touch? >> i think he's defining what it it means to be detached and out of touch of the american people. >> mitt romney said obama said in his view the private sector is doing fine. governor, thank you for being here with us. >> it is nice to be here, happy saturday. >> and some may say that the president offered up a dish for mitt romney.

should we expect to see that sound bite appearing again and again in attack ads. >> people will refer to it constantly. it underscores how this president doesn't understand the system he lives in . first of all. he said the private sector is doing well . finally came back a couple of hours later and admitted that was a silly statement to make and then he brags about four million jobs in twen months that they created from the low point and not understanding that in the four years he's been in office they should have created 10 million more jobs and in order to just keep up with population over the last 27 monthses, he should have created five and quarter million jobs. when you hear the president say we created four million job in the last twen months. you understand what he's saying we created a million fewer jobs than we should have

created. >> republicans have -- mccane made the declaration that the fundamentals were strong. he never recovered from that. what impact will the private sector remark have in the race? >> it adds to the incompetence or eracception of incompetence in the white house. they rolled out the bain attack and that was incompetent. everything they are doing politically lately is clumsy and ineptand people are understand that it is a clums yeineptpresident. >> new fox news polls that we have there. who do you trust to do a better job with the economy. we see on the screen romney and obama and romney doing pretty good. right now he has 44 percent over 40 percent.

and 51 on government spending as opposed to 31 percent for the president. what do you make of the fact he's doing better and you think he's finally gaining traction here. >> he is getting traction and the country and the rest of the country that really didn't participate in the aggressive primary process that the republicans have, they are understanding what a good governor and great businessman he was and capacity for job creation really is. that is what the next 150 days are about. on the issue of foreign policy. the governor still has to work at convincing americans that he knows what is best in terms of leading the country on the international frontt. foreign policy. they still go with the president. 52 percent on educationand 49 percent on foreign policy. and to 34 percent for romney.

in this arena. the president is taking a lead on this one. >> well, president's have an advantage in terps of the public's perception on foreign policiment but as people begin to hear the details of the difference, and the fact that mitt romney is committed to rebuilding the national security structure and army and nave yeair force and equipment that we have. he's committed to restoring it and this president is looking to finding new way to cut the defense budget. the rest of the world lost respect for the country over three and half years and mitt romney is committed to making sure that people respect the united states in the process numbers will change i think. >> governor romney is accusing the president of being out of touch with americans. but a few months ago, people lookked at governor romney as

being out of touch and insensitive to american concerns. do you think that he is connecting better with the voters, what is going on here? >> the first reaction to anyone who is so successful is to say they don't understand what is happening to the average american. i think mitt romney talked about the problems . pointed out there is 23 million americans out there suffering by being underemployed. and he talked about his sensitivity to the plight of young people graduating from college and not fighting jobs with their education . mitt romney talks more and more about these problems, they understand he is really connected and the president puts his foot in the mouth, they realize that president obama is not connected. >> governor, thank you for joining us with the insight great to see you. >> always good to see you, thanks very much. >> he is a 12 year old patriot

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>> welcome back everybody. new video of massive nooding on the southern coast of wales. more than five inches of rain fell in 23 hours. three people were treated for minor injuries there. come november. americans will decide who best to lead the nation at a time when unemployment is high and families are worried about paying their bills. one woman who took the pulse of the folks in the country is sarah palin. she speaks about why she thinks americans are

frustrated. >> i know you are joining us from phoenix and you are headlining the conference call right on line and headlining that effort. what impact do you think it will have? >> i think it should be an opportunity to contrast what the private sector enterprise and the entrepreneural spirit that build america is versus obama's failed policiless that are centered on growing the federal government and taking economic freedom away from our small business men and women as we try to reinvest and hire more people. >> i know that you speak to a lot of people, across the board, every month and people who are suffering and hurt really looking for leadership in this nation. can you tell me what you are

hearing from the voters when it come to question of leadership. >> it is not just hardcore conservative but many independent and patriotic democrats that understand that it is failing. millions more are on food stamps and those having to rely on government and feeling invite to rely on government instead of their own work ethic, so many americans understand we need a choice come november . do we node to continue down the conjecture based on president obama's failed policy that are modeled after failed socialist nation or can we go another direction and allow the private sector to grow and thrive. >> i would like to get your reaction to the president's

remarks yesterday saying that the private sector was just fine? >> oh, absolutely out of whack comment . very indictative of his thinking about what it is going to take even to get our economy back on the right track. if he truly believed until someone dinged him and said get back and explain yourself better and gave him talking points. but for him to believe that the private sector is doing okay . that is indictive of him being out of touch of what the normal working man and woman is dealing with in america >> what about his claim under his watch 4.2 million jobs were created and that the real concern from states where local municipalities are hurting because of budget cuts that's why we see a slower pace. >> unfortunate that president obama had no experience coming

into this office of the presidency and no private sector and no local oritate government really experience except for his time as a lawmaker but not as an administrator in the state. there is a proper role for local and state in our lives that. is ato allow the infrastructure to provide a tool for the private sector. instead he believes that local anditate governments need to grow and take more of what the private sector earns and reinvest it according to politician. and again, a comment like that is indictative of his idea that government is the answer. most americans i believe understand that in as often as at this time case government is the problem and not the solution. >> i know you agreed to answer our viewer questions that will be coming up. we appreciate the fact that

you will stick around with that and be back with you in a moment. >> and moving to other news. department of the justice warned of a white house intelligence leak. peter has more on the top story. >> attorney general eric holder appointed two mayors from dc and mayor to look into the investigation. president obama said the idea of white house leaking information is offensive. 21 year old mickey shumack disappeared riding her bike home late at night. federal officials want to help first responders and new yorker who is got six sick from the toxic dust. they have a health proposal to cover 50 types of cancer and that makes it eligible for retreatment and compensation.

>> new breast cancer treatment. and those with late stage cancer. back to you. and back to you. thank you very much. i know things are done for the world war ii heroes and especially those on the european campaign. and i thought that something needed to be done. >> many of you remember 12 year old jordan brown . he helped to raise $100,000 for a world war ii monument in normandy. it was dedicated this week on d-day. here are the photographs of the ceremony. it is the likeness of a major who was the inspiration of the hbo miniseries. band of brothers. homeland security governor tom ridge was a key note speaker there. good for him. as we promised.

sarah palin promises to answer the viewer questions, coming up next with your thoughts and concerns about the economy and election and whatever else is on yourr mind. don't go away. more after the capital one cash rewards card gives you a 50% annual bonus. and who doesn't want 50% more cash? ugh, the baby. huh! and then the baby bear said, "i want 50% more cash in my bed!" phhht! 50% more cash is good ri... what's that.

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freestyle lite needs just a third the blood of onetouch ultra. really? yep, which is great for people who use insulin and test a lot. max and i are gonna run out and get them right now. or you can call or click today and get strips and a meter free. test easy. >> we are back live. we have questions . we will not get to them all. here is the few. it is during the interview last year. you talked about a new party. do you still think it is a possibility? >> no. jan. you hit the nail on the head suggesting it say possibility that the gop would

disenfranchise or new crop of fiscal conservatives and independence. heaven forbid we see that. or yes, there is a possibility of a third party rising. but that is only if the gop power players. let's hope that doesn't happen. >> 2010 election. we saw a new way of conservatives coming in to congress. can what do you say? >> it is on the flip side. they have stood so strong like alen west and others who say i will not be coopted by the power players and the gop machine that want a controlling hand over the gop mechanism. and we have good freshmen crop

in there that are trying to do the right thing in getting government back on the side of the people and get it off of our backs and we need to continue to encourage that new crop of lawmakers and understand what government's proper role is. >> if he, governor romney does lose the -- wins the presidency and what would you accept? >> it would require someone to be pretentous . i don't see that happeninging. but thank goodness there are millions of americans that are qualified and pro private sector that fit well in a cabinet that is led by a gop person like romney. i don't think it is going to be me in there but thankfully there is a lot of americans who are ready and willing to

serve. >> you have an eye on 2016. >> you never know what will happen. >> this is america. anything is a possibility. and thank god we have the freedom to choose what it is that we will do in our vocations. no where else but in american. are we going to see a big blue bust. he had a blast on the nation tour. and maybe today can take the airport off of his keys and put it on wheels . we'll talk to americans and how to save this country. it is affective when you went on the bus tour.

folks connected in a special way. i would love to be there. talking to good hard working americans. and it is built on two tenants of national resource. those built a foundation of our economy and we have to get back to this. talking to americans . sharing the time with them it is refresh healthy. it will lead to constructive solutions in our country. we are out of time and we are happy you could join us today. >> thank you so much . keep up the great work.

>> take care. the crew that includes the first female astronaut will reportedly dock. and china is launching its own space program last year after being turned away. actress lindsay lohan and find out what happened this time. and john investigates is america past its prime. stay with us. [ kate ] most women may not be properly absorbing

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>> spain is the latest country to have to have a bail out. they are hoping to find a resolution to the country's banking problem. troubles began after it went bust. >> and prince philip was released just in time out of the hospital for his birthday. he was treated for a bladder infection actress lindsay

lohan is out of the hospital today. she was sent there as a precution after her porsche collided with a dump truck. the country is past its prime and american is declining. in the latest investigation. john stossle said he tells us why he thinks it is getting better. he is author of no they can't. how governments fail and individuals succeed. great to see you. can tell me why the poor people who are doomsday predistrictors and american's best days are behind it, you don't believe that that is the case in free societies things

get better. and so le me start by playing a clip from the show we'll have on in an hour. america is back. is she. i see the headlines about the decline. decline of american power continues. john bolton said it is animated. >> when they see a decline and weakening in america it encourages them . pat but canan said the united states is in decline. glenn beck said it will not last. >> it is right around the corner. and i worry that they will regulate us. >> it will last five years is much, much worse. >> the economy and military and culture. >> are we going to hell in a hand basket or our complaints about decline just a standard whine we have always heard

from crotchety old people. despite the problems we have. we have more freedom to live how we want to. it is true you look over time people are getting richer and we live longer. it is getting better and wars and cars are down. the kids are committing less violence and there is less teenage pregnancy in general. things get better. >> so people might paint you eternal optmist in a time when we have the looms crisis that is takes place in europe and many people are unemployed and hard to find jobs and parents are having to house their kid

and graduating from college and a lot of folks are worried about what is aus. but i think it is a mistake to think that way. it is true what europe is sufferinging is a deficit and constant increase in laws, but, things get better. things have always gotten better. >> i am with you. i am an optmistic person. you are preaching to the choir here. i know it is a provocative idea and a lot of people are facing challenges. i know yourr special will be enlightening and that is coming up later today . the book is out. we urge people to check it out. >> realliity kept slapping me in the fice. good to see you, thank you. >> a gifted student left

homeless and thanks to the school and faculty. she has an opportunity to go to the university. her amazing story is coming up next. ♪

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>> our next story is a true story of perservance, a high school graduate homeless and worked as a janitor and now has the opportunity of a lifetime.

gone from homeless to harvard. elizabeth is live now with more on her very special story, elizabeth? >> yes, hi, uma. the once homeless north carolina teen is headed to harvard in the fall and she is a true example of beating the odds. >> dawn-- >> when dawn got her high school diploma, the auditorium filled with thousands erupted. the harvard university bound grad beat the odds and the crowd knew it. loggens used to be homeless. >> i found myself absolutely homeless with nowhere to go. i stayed at friend's houses in between. >> loggens childhood was complicated by evictions, a parent involved with drugs and hunger. and only felt peace after sent away from home her junior year and when she returned home something was missing, her parents had moved, leaving her to fend for herself.

>> and most kids in my situation do not overcome this. they turn to drugs and they turn to crime. >> a school employee took loggens in and the teen worked as a janitor to make a living. she was on campus long before sunrise to pick gum off the floor, and vacuum hallways. >> school has, i think, been her ticket, as to sanity, and she knew it was a way out. all of that hard work for dreams of civility and success. >> my teacher is going to be great. and i know it is, and like harvard is going to make that happen, but also, it's stability. i'm not going to have to worry about where my meals are coming from or where i'm going to sleep at night. >> and also, quick to remind you that she's getting a need based scholarship and the teen is not expecting any free rides. >> wow, an amazing young lady and we wish her the best. thank you, elizabeth.

that's going to do it for me in washington, but america's news headquarters rolls along with jamie colby and kelly wright. thanks for joining me. make it a great day. >> kelly: fox news alert, new reaction to what some call the most serious breaches of national security in recent memory, a growing controversy that prompted a response from the president. now, some lawmakers say, they want to make sure that politics don't get in the way of the truth. welcome to a brand new hour inside america's news headquarters, i'm kelly wright. >> jamie: i'm jamie colby. attorney general eric holder assigning prosecutors to lead criminal investigations. and just yesterday, president obama said that claims the white house deliberately leaked information is quote, offensive. now, let's review the leaks, mopping them. details of cyber attack stereos against iran. background on the bin laden raid. ior