i want to start with a quick preview of secretary hegel's schedule next week. in keeping with the conference hospital can, i spoke to the in keeping with the conference hospital this, i 's focus, i spoke to the secretary. this will be an opportunity to talk in greater detail about the need for innovation and how we develop and procure new capability. visit --tary will also and wales, the secretary will join president obama and secretary kerry and their counterparts from nato for this very important summit. the focus of the summit will be afghanistan, the crisis in ukraine and the middle east and how to strengthen the alliance. the secretary has participated in some for nato cereals leading up to this point. four nato serials up to this point. the secretary will next travel to georgia. first visit tos georgia as secretary. he has met with his bridge and counterpart before. georgian counterpart before. the georgian military has been a valued partner of the united states. obviously, georgia shares are concerned about russia's actions in ukraine and i will of cours

>> secretary defends hegel says that isis is posing the most significant hit to the u.s.. -- threat to the u.s. you have several thousand american including european citizens. we have seen one attack at the jewish museum in brussels. we are concerned about the potential hollow one attacks. this really is the most significant terrorist threat we have faced in several years. isis is now the sexiest teen hottie group out there surpassing al qaeda. areterterrorism officials concerned about a real threat to the homeland and elsewhere, to our allies. >> they try to distance himself from isis. of the washington institute and signed program and counterterrorism and intelligence. my colleague on the foreign policy joining us from washington. thank you both so much. when we come back. sam grove art of bloomberg businessweek -- sam grovbart sits down with chicago mayor rahm emanuel. >> welcome back, this is "bottom line" on bloomberg television and streaming on your tablet, your phone, and on bloomberg.com. he is the former chief of staff and the obama administration. the employment rate is eight

i on your first question, think secretary hegel and the chairman spoke pretty well tonight yesterday. i do not know if i can expound on it any further. we continue to assess and monitor isil activities. that is one of the reasons we put assessment teams there in the first place, to get situational awareness of what is going on there. as you know, we are engaged in supporting iraqi security forces. and not just only, but with airstrikes. which we believe have had an effect. i am not going to get ahead of planning the hazards for decisions that have not been made. but, um -- i think that you can rest assured that the leadership here in the pentagon understands the threat by this group, understands the threat posed inside iraq, and we are gaining every day a better understanding security force and kurdish force capability it meeting the threat inside of iraq. 2 point i think are important to make. i will make these points, but i know i am not answering your question. i'm not talking about any future planning our operations. i do want to remind everybody that what we are doing in there is

secretary of defense shuts hegel calling the jihadists a threat beyond anything we have every scene.is the secretary yesterday. >> they are beyond a terrorist group. they mary ideology, sophistication of strategic and tactical military prowess, they are tremendously well funded. this is beyond anything we have seen so we must prepare for everything. melissa: the study of war joins me now, he is a retired navy commander. i juxtapose the statement with the statement of the president. in talking about isis, compared them to junior varsity crews--baseball group how the reconcile these things? >> i do strategic perspective, i as a is referred to as junior varsity we were flabbergasted. they are the dream team of terrorists. there has never been a terrorist organization as well organized, as ideologically and operationally coherent, as well funded and operationally effective as isis is. they are not rock stars of terrorism, bringing in jihadis from all of the world and defeating everybody that goes against them. melissa: how does this happen? for most americans they hadn't heard of them un

defense secretary chuck hegel says the u.s. is very clear about isis'.e very clear whether it's an iraqi court somewhere else. >>: isis' fighters are usually issued as of the metal. convert to islam or die. >>: they are beyond a terrorist group they have married ideology and strategic military paralysis. and this is beyond anything we've ever seen. >> reporter: we have an obligation to make the attempt and protect and rescue american citizens that are being captors. >> reporter: officials have left open the possibility of starting fires and syria. >> james: israel says it will continue to target hamas leaders --- anywhere and everywhere --- af killed three senior military commanders in gaza on thursday. >> james:the israeli government says it will hit anyone who tries to harm their citizens. >> james:trucks in a russian aid convoy have been seen crossing into eastern ukraine after more than a week's delay. >> james:this is amid suspicions the mission was being used as a cover for an invasion by moscow. >> james:trucks loaded with water, generators and sl

the president needs to: secretary hegel, congressional leaders both in the house and senate.will get an assessment by our military commanders. we will start adding to our defense spending. we will find responsible cuts off that sequestration. i am encouraged by him reaching out to other countries. we are the key player. we are the ones that have the capabilities to stop these groups. >> if he came to congress -- >> he just needs to put his pride aside and his dance to work with people. i have talked to constituents and i have not heard one person say that we should not do everything possible. new details on the irs scandal. the loss lois lerner e-mails. mark blackberry. it was wiped clean just when investigators can look. she still says she has done nothing wrong. >> wrong. i have not broken any laws. i have not violated any irs rules or regulations. i have not provided any false information. ♪ time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, from td ameritrade. what would help is simply being able t

defense secretary check hegel says isis is, quote, beyond anything we have seen before, worse than al qaeda but the plan is containment. the terrorists are clearly a security threat. texas governor rick perry says they can come through the porous southern border legally of 1,000 american passport holders among the isis fighters. today wall street is apparently obsessed with the federal reserve. we will concentrate on the threat to your money and your life. "varney and company" is about to begin. ♪ stuart: listen to this. this is what defense secretary check cable set about isis. >> beyond a terrorist group. they mary ideology, sophistication of strategic and tactical military prowess, they are tremendously well funded. this is beyond anything we have seen. we must prepare for everything. stuart: colonel oliver north is with us. if isis is so bad, such a threat, why don't we have a plan to get out there and kill them? >> everybody else has up plan. if you look it david cameron, he came back from his vacation because he thought perhaps, it turns out to be true, the murderer, not executi

defense secretary hegel scene is growing threat of invasion. here is what he said.u see the buildup of russian troops and sophistication of those troops, the training of those troops, along that border, of course it is a reality, a threat, a possibility absolutely. what are those troops doing there? >> the defense secretary is stating the obvious. vladimir putin is matching forces. in 2008 he went into george and nobody stopped him. a couple months ago he went into crimea and and nobody stopped him. then he went in wielding all this influence in the eastern ukraine and no one stopped him. stuart: everyone is kind of nervous. you have the russians with troops, massing on the border of ukraine, they are pushing back against the sanctions which we put on them. it is a very topsy-turvy time. >> they considered themselves under the nuclear umbrella of the united states, we have given them security guarantees that we would protect them, we have not lifted a finger to protect them. vladimir lenin once said of we lose ukraine we lose our head. ukraine is essential to the na

. >> : talk of military options stirred up by this comment by defense secretary truck hegel about the threat of license and its ranks of 10,000 fighters. >> : this is beyond anything that we've seen so we must prepare for everything and only do that you take a cold steal it hard again it and the ready. >> : officials taking pains to emphasize any military action would only be part of a long-term strategy against isis' involving diplomacy and action from other countries in the region. >> : that is barbarous are reporting to pentagon continues mackay's air strikes alone will not of the nicest. >> : turning now rice-lose two weeks as the death of american teenager michael brown shot by police officer at kron and ferguson are shrinking businesses have reopened and remaining protesters are more peaceful there were no rest for nine bergson >> : no molotov cocktails 90 fires no shootings we did not see a single handgun >> : again tonight we'd played no small presses the teargas and no may select edit and send a police officer fired a single bullet >> : police continued the the column >> : mo