chief washington correspondent james rosen looks at the paul campaign. >> my theory is people vote from their bellies. >> reporter: in the 2012 cycle, 76-year-old libertarian and 12-term congressman found a hunger among wide swaths of the g.o.p. electorate for his quirky populist style and limited government message. >> we should have the lowest tax we've had. up until 1913 it was 0%. what is so bad about that? >> to be sure, ron paul has drawn scorn from the fellow candidates at the abc news debate in cancer. >> dr. paul has a long hisserly of saying things inaccurate and false. >> you are asking could it constitutionally by done? ask the constitutionalist here. >> from the party faithful. maybe we should consider a golden rule in foreign policy. don't do to other nations what we don't want to happen to us. >> yet, with the young and singularly fervent supports and the vaunted ground operation, paul captured 21% of the vote in iowa. 23% in new hampshire. 13% in south carolina. >> those people, yeah, they hear ron paul's message and they show up to vote for him. i think it's, i think it

james rosen in d.c. tonight.t newt gingrich's charges that mitt romney owns stock in fanny and freddie. >> campaign aides are saying romney's investments in fannie and freddie are bonds and not stocks part of a mutual trust placed in a blind trust. between 10 and $30,000 tops. for speaker gingrich to try to equate 1.6 million payout to freddie mac to commonly held mutual funds that many millions of americans owns says romney's spokeswoman andrea saul is laughable. managed on a blind basis so a trustee not the romneys makes the investment decisions. just a few minutes ago, shep, fox news obtained another of the gingrich freddie mac contracts. i believe the year on this one is 1999. it goes into greater specificity than the other one we received as to what gingrich was expected to do and the group was expected to do for freddie mac listing strategic advice consulting on public policy issues again no issue of lobbying. >> shepard: got heated between the two frontrunners as to whether newt gingrich was effectively wo

chief washington correspondent james rosen tells us about the strategy that is shaping up. >> we havee this stark in years. >> the america paychecks, the america food stamps. >> they want a return to the same practice as the practice that got us in this mess. >> america of independence, the america of dependence. >> reporter: president obama has already begun framing this fall as a choice election. not a simple referendum on his own job performance. >> my opponent has no plan, no vision. >> in this, the obama campaign is following the playbook of president george w. bush. with the iraq war unpopular, mr. bush in 2004 argued the alternative to a second bush term, democratic nominee, john kerry was so dangerous, voters should put aside any misgivings about the president. >> eric schmidt spent eight years working for dick gephardt. >> it will be incumbent on the president to make clear there are two philosophies. the flip side has the president talk about what he has done to defend that and describe what the alternative course is. >> the question is not whether or not people are hurting.

chief washington correspondent james rosen reports on the downward mobility of the middle class. >> with working conditions improved and wages increased, the americans share boon of the prosperous national economy. >> it was called the american dream. the idea if you were born in a middle class family where mom and dad owned their own modest home, made ends meet and still had enough left over to take you on vacation every summer, that you would go to college, get your own job, raise your own family and do even better than dad has. >> i took it to heart and i have worked very hard. >> sam blick, 48 years old, never married lives alone in denver, colorado. after ten years as an appraiser with the same construction company he was called in the sales manager's office last may. >> he basically stated that you have seen the projects decrease in number. sorry to tell you but we have to lay you off. sat and stayed silent. >> now collecting unemployment insurance and job hunting nonstop, he doubts he will ever again buy a car or take a vacation. like annual trips to disney land and boating and fi

chief washington correspondent james rosen tells us what that is. >> i am frankly astounded that cnne trash like that and use it taupe a presidential debate. [ applause ] >> for gingrich smacking down cnn john king for asking about the former house speaker's second ex-wife may have been smart politics judging from the reaction inside the south carolina debate hall. >> i am tired of elite media protecting barack obama by attacking republicans. >> what newt gingrich does that republicans like is he articulates conservative point of view in a way they believe does honor and credit to their view. they believe they get pushed around by the establishment press. >> indeed, attacking the press has been a staple of the g.o.p. song book this cycle. >> i wish you would put aside the gotcha questions. >> not just for newt gingrich. >> i think the media has blown that way out of proportion. >> this is a minor issue. that the media is blowing way out of proportion. >> i think the conservatives are tired of seeing us attacked. they know the media's biased. >> today, the g.o.p. front runner declined

chief washington correspondent james rosen has the president's reasons and the reaction. >> reporter:rejecting keystone xl, obama accepted the recommendation of hillary clinton who 16 months ago spoke in support of the pipeline. considering relevant environmental issues and the consequences of the project on energy security, economy and foreign policy, the president wrote in a memo to clinton -- i have determined the keystone xl pipeline project has presented and analyzed at this time would not serve the national interest. >> state department reviews the process made clear that setting arbitrary deadline for this purely political effort would put the state department in a corner, severely hamper their ability to review an alternate route and pipeline route. >> keystone pipeline pumps half a billion in crude oil a day from alberta, to illinois. keystone xl would have run to texas and brought online additional 830,000 barrels a day. they also argue it created 300,000 jobs. visibly angry house speaker accused the president of selling out jobs for politics and surrendering u.s. energy sec

and james rosen continues our breaking news coverage and live in the washington bureau tonight. guess you've had a chance to look over the contract and what have you learned from it? >> there is no mention in it, shep of the word historian and that's what the house speaker initially said. a million dollars by the financially distressed mortgage giant, for him to do, it's a 16 page stument released at the top of the hour and covers 2006 and worth $300,000 and the relationship went on longer than that, it apparently was for more lucrative for the gingrich group. although he said emphatically he's not lobbying at any time. on the contract, puts it smack in the middle of pay street, it is to lobbying what wall street in new york is to high finance and might say they're kind of-- >> and always in politics, each side frames the issues and the news of the day, to suit his or her own interest and electability and the president has been doing that as well. give us an idea about his strategy now. >> yeah, looking for the fall election, the president has been borrowing from an unlikely sou

in washington, james rosen, fox news. >> bret: the state department is expressing strong disagreementick perry's comment about turkey during monday's debate. >> when you have a country that is being ruled by what many would perceive to be islamic terrorists, you start seeing that type of activity against their own citizens. then yes, not only is it time for us to have a conversation about whether or not they belong to be in nato but time for the ic united states when we look at their foreign aid to go to zero with it. >> bret: turkey's foreign ministry said perry's comments were baseless and inappropriate and the u.s. has no time to waste with candidates who don't even know their allies. today perry was asked about it and he stuck by his statement. >>> trial began today in troy, new york, if two democratic officials accused of voter fraud. former city council man and the current county elections commissioner are two of the eight democrats who have been indicted in the investigation of alleged ballot box stuffing in 2009. >>> we will talk about winners and losers in the overall tone of

at the state department, james rosen, fox news. 3 crews suspend the search for survivors on a cruiseause the ship moved... making it too daagerous for divers.experts water even more. the costa concordia slammed into a reef after veering close to shore. ...and now... therr are worries about getting half a illion gallons of fuel off the shipthe captain gave an excuse today for abandoning ship while passengers were still on board. he says he tripped... into lifeboat. a polaa bearrcub born on new year's day in china is fighting all odds to survive. animal hospital say the cub - which was rejected by its mothee is now in stable sufffring from several b is ailments including problems with her digestivv and respiratory system. but staff members say the bottle-fed female could be ready for her first public appearance by june. p3 3 3 double trouble in philadelphia. why neighbors say a hoaders home is a ticking time bomb 3 and some common sense at work in the midwest.what food donations are paying for. some.../ of... your .../ favorite websites.../ may... be.../ 'down' today... //// ááoráá may

chief washington correspondent james rosen has some answers. >> to hell with charity, saul alinsky onceaid. the only thing you get is what you are strong enough to get. it was that up against them attitude that made alinsky chicago native that died in 1972 at the age of 63 the godfather of modern day rabble rousing known as community organizing. >> saul alinsky was in your face and brought it to bear on urban problems, on the problems of urban disempourered communities in the 1930s and '40s in the united states. >> with chicago's archdiocese, alinsky rallied ethnic catholics and later he was made hero to counterculture of '60s. in the 1971 manifesto "rules for radicals" alinsky said, "prince" was written by machiavelli on haves. and rules for radicals written for have-nots and how to take it away. >> what alinsky meant by "radical" is somebody that does something about it, doesn't just talk about it. when people talk about saul alinsky being radical, the radicalism is really quite literal. it means to the root, on the ground. >> by the '90s, the young barack obama had been schooled and

>> shepard: james rosen on capitol hill tonight. james, thanks.rry's campaign advisors say they are weighing their options after a federal appeals court rejected rick perry's attempt to get his name on the ballot in the state of virginia for the primary there. governor perry sued after he failed to submit the 10,000 voter signatures that candidates have to have to get on the ballot. newt gingrich, rick santorum and jon huntsman also failed to qualify and they joined in his lawsuit. but now a three-judge panel has upheld a lower court's ruling that governor perry and the others just waited too long to challenge the ballot law. virginia's republic primary takes place on march the 6th. only mitt romney and congressman ron paul have so far qualified. the effort to kick wisconsin's governor right out of office is taking a major step forward today. governor scott walker's opponents say they submitted around 1,000 signatures to state officials twice as many as they need to force a recall vote. the republic governor is bare lay year into his first term bu

in washington, james rosen, fox news. >> bret: north carolina democratic governor beverly purdue saysl not run for re-election next year. she is the only female governor in the state's history. he is has struggled with the low approval rating. >>> government scientists say la nina cooled the earth's average temperature last year to the second lowest reading of the 21st century. but "usa today" reports the figure of 57.9-degrees fahrenheit is still almost a full degree warmer than 20th century average. >>> the 2012 race and the relationship between newt gingrich and ronald reagan, the fox all-stars will discuss when we return. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually se arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammatio plus, in clinical studies, ce

james rosen, fox news. >> bret: we'll preview the "state of the union" address when the fox all-stars after a break. >>> based on what i read about the "state of the union" speech it sounds like it will be a rerun of what we heard in the last three years. more spending, higher taxes, and more regulation. the president is in campaign mode. >> encouraged speaker boehner to hear the speech before he renders his colorful judgment on it. tonight, the president is going to have a blueprint on how he helped create jobs, grow the economy and make sure the middle class has a fair shot in this economy. >> bret: talking about an address that hasn't happened yet. it will. 9:00 p.m. eastern tonight. we do have some excerpts from the white house. one of them looks like a summary in part. "let's never forget millions of americans who work hard and play by the rules every day deserve a government and a financial system that does the same. time to apply the same rules from top to bottom. no bail-outs, no hand-outs and no cop-outs, an america built to last. insist on responsibility from everybody." wit

james rosen in d.c. more from james throughout the next couple months on this campaign. we're ready for it. jon: well, it is a bittersweet day for the supporters of michele bachmann. maybe more better than really any sweet at all. maybe that is just not the right term to use. we are expecting her to step up in that podium in des moines any moment now and announce she is suspending her campaign after she told us yesterday she had her tickets booked for south carolina and would continue to fight on. let's talk more about the results from the iowa caucuses. david drucker joins us. he is a staff writer for "roll call." a lot of people wonder why not soldier on if you're michele bachmann. you have a couple of debates coming up this weekend, some opportunity for free television exposure. wouldn't really cost that much to continue on in the race and maybe pick up some support. is that unrealistic, david? >> i think it was. coming out of the iowa caucuses she was supposed to have her best chance propelling herself into the race. don't forget she won the straw poll back in august

chief washington correspondent james rosen live in washington with a close look. james?: jon and jenna, good morning. there are people who believe, especially after the 2010 midterms, ron paul is the tea party movement what neil young was to grunge, the godfather, inspiration, indispensable catalyst. on foreign policy paul's views undeniably placed him out of the mainstream of the party. at monday's nbc debate in tampa, the u.s. congressman said the u.s. committed a act of war against iran. his suggestion during the fox news debate in south carolina that u.s. endlessly bombs other countries and adopt a golden rule in the foreign policy elicited booing from the audience. the feisty former ob/gyn he admitted he does not really see himself in the oval office. >> maybe they sit around and day dream about being in the white house. i just don't sit around daydreaming about it. i'm in the race. i run a good race. you talk about electability. why don't we take on first three states and take everybody 30 years and under, i'm doing pretty darn well. >> reporter: on the domestic th

chief washington correspondent james rosen takes a look at the paper trail. >> governor romney woulde to give back all the money he earned from bankrupting companies and laying off employees, over his careers at bain, that i would be glad to listen to him. >> we need to have more venture capitalism going on in america, and less vulture capitalism. >> romney's 15-year tenure as ceo of bain capital is a chief selling point for him and for the moment the bane of his existence. headquartered in the john hancock building, bain capital employees 900 people worldwide. >> we started staples. >> published reports show bain gave staples less than 10% of the seed money. today, bain manages $60 billion in asset protecting private equity invest in the 450 companies. private equity means buying control of existing business and trying to enhance the profitability. >> i never heard of coming in to a company, destroying it and firing the employees and making money. >> you really can't survive in private equity without a positive reputation. and i would say bain capital as one of the best reputations.

james rosen has that story from the state department.epping up the attacks on each other days before the area primary. mitt romney continues to be the target of the four men trailing in the polls. today, newt gingrich and rick santorum exchanged unpleasantries. carl cameron is following the action. some of them are trying to score points channeling romney on his taxes. we look at the numbers. brit hume has analysis. report from iran says president obama has offered direct negotiations to the islamic republic in a secret letter. ed henry looks at that from the white house. "special report" from washington starts at 6:00 eastern. now have back to new york and "the five." ♪ ♪ ♪ >> greg: welcome back to "the five." yes, you can, a pointless scam? for years we have been told that high self-esteem leads to high achievement. giving everyone a trophy creates smarter, happier kids with a lot of stupid trophies. the problem is the phony affirmations didn't result in a better anything. once again, begun to embrace criticism to whip america's brats

james rosen is with us from washington with more. >> reporter: good afternoon. for more than a century eastma tph-rbs kodak was a success story. the prime mover in the luke ka tiflucrative business of producing. they are reportedly succumbing to the great transition to digital technology and preparing to child for bankruptcy protection. the shares fell to 47-cents after the "wall street journal" reported the imminent khaerpt 11 filing. the bankruptcy supervision would better position the firm to sell off some 1100 patents for digital imaging software it's been developing and slash their enormous pension and healthcare costs for retirees. they did not return our request for comment but the company has been struggling now for two decades. we found a photograph showing a rochester newspaper headline from 1997 when kodak cut 10,000 jobs. another 12,000 jobs would be cut within the next eight years. in all it's a heart-breaking moment for the company founded by george eastman131 years ago, so innovative and successful it has been called the apple or google of its day

james rosen in d.c. tonight. james? >> we begin at the beginning, shep. a privately owned investment firm in boston that employs 900 people worldwide. it handles public and private equity deals. that means basically buying existing companies and trying to increase their profits and market shares. bain also does venture capital deals investing in startups. bain has made private equity investment in some 450 companies. we see 240. we have updated this. it now manages 66 billion in assets. romney was bain capital's first ceo back in 1984. he stayed there about 15 years. under his guidance a 37-million-dollar investment fund returned 200 million to investors. and as late as 2006, romney was still earning up to 15 million a year from his tenure at bain. williams iii private equity investor in washington. >> i never heard of coming into a company, destroying it, and firing the employees and making money. that defies common sense. and i think bain just like all the other firms engaged in private equity are paid for success. they are paid for improving companies.

we'll take a look at what is inside and have report from carl cameron, jim angle and james rosen.ck to new york and colleagues with "the five." ♪ ♪ boston well, well, well -- >> bob: well, well, well, today, romney released tax returns after saying he wouldn't and then said he would and then admitted it was a mistake not to release the tax returns. there's probably a reason for that. in 2010, it shows that he made $21.7 million. he paid 13.9% in taxes. for most americans that's a shock. but in republican party i don't know this it hurts him much. it will in the general election. most people look at that and say there is a two party system. rich people get away with a break like that and the rest of us pay its fair share. look at what obama and gingrich paid. now we see here that obama paid 26% in taxes. newt gingrich paid almost 32%. so mitt has a big jump on everybody else. eric, you are a big defender of this. do you think this is a problem for him? >> dana: where do you begin? >> eric: nothing illegal about what he did. it's not illegal. bottom line, guys -- >> bob: it's not il