director james woolsey on why he says it's worse than worthless. why one expert says fears of an economic meltdown in china are way overblown >>> as soon as this week congress is expected to vote on a resolution disapproving the nuclear agreement that president obama's administration as well as five other governments negotiated with iran. the deal with lift sanctions in iran in return for inspections in the controversial nuclear programme, and is meeting fierce oppositions from the republican side. from members of congress, to cheney. >> along with a pathway to a nuclear arsenal, several agreements would provide iran with funds and weapons the of terror. the dominance of the middle east, and the furtherance of tehran's efforts to threaten arab regimes and prevent the united states from defending allies and our interests in the persian gulf and behind >>> many will be valid. i'll discuss some later in the show. a number of president obama's democratic allies have come out against the iran nuclear deal on similar grounds. we'll discuss some concerns

great to have you, ambassador, thank you so much. >> thank you. >> ambassador james woolsey in a fox business exclusive. it is risk of the high of the session for the dow. 268. we're up 269. you've got to watch the markets. closing bell ringing in 50 minutes. stocks rallying around the world, why? as they wait the fed's move, it's a two-day meeting, wednesday into thursday, we've got indication we won't see a rate hike. it's a 50-50 deal. what stock you should be putting money in? deadly wildfires torching and destroying california homes, wiping out businesses, we take you there live as the flames continue to burn in the golden state. "countdown" coming right back. [ male announcer ] whether it takes 200,000 parts, ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes. oupassn toake rea ♪ [aounc:] wt ifne ostalof bccolcoulaprect u fr? what if one push up could prevent heart

insights of a former fbi agent >>> and ambassador james woolsey, former director of central intelligence, now the foundation of the chairman of democracies. >>> thanks for joining us. ambassador, let's start with you. 14 years after 9/11. is the u.s. safe from another attack? >> no. on some aspect of things we are a bit safer, i suppose, than we were before 9/11. safe - i would never claim that in any universal sense. >> what worries you? >> well, probably more than anything, the spread of nuclear weapons. i'm afraid what happens with the treaty in the senate agreement is being looked at by the congress now. within a very few years, it not already. iran will have a nuclear weapon, that means that the other nations in that part of the world will go nuclear very quickly. the next time you have an international crisis, perhaps caused by terrorism or something else involving three, four, five, seven nations in that part of the world, you can well have deli or four of them with -- three or four of them with nuclear weapons, that danger, as top. >> when we talk about threats, we talk about al

director james woolsey on why he says it's worse than worthless. why one expert says fears of an economic meltdown in china are way overblown >>> as soon as this week congress is expected to vote on a resolution disapproving the nuclear agreement that president obama's administration as well as

director james woolsey on why he says it's worse than worthless. one expert says fears of an economic meltdown in china are way overblown >>> as soon as this week congress is expected to vote on a resolution disapproving the nuclear agreement that president obama's administration as well

director james woolsey on this programme was clear that he hates the deal. what is your considered opinion of the deal forged and tested under the hot lights of public debates? >> i love that phrasing. i don't want to be shy. i spent and my focus of professional life is how to stop countries that start down the path of nuclear weapons, how do you stop them and reverse course. when i testified against the foreign relations committee i said use two standards of assessment. how does it compare to other agreements - is it better or worse. in general it's been effective. second, how does it compare to the alternatives. the agreement comes out very good. it has unprecedented features, it's the most intrusive set of verification rules negotiated in a nonproliferation agreement. >> so now that democrats, right, and the senate rallied around the agreement, i want to be fair. what are the next hurdles. this is the question i should arriving, what are the next -- ask, what are the next hurdles to say the deal faced before congress. what i really want to say to you is i

. >>> ambassador james woolsey served as the ambassador to the u.n, i spoke to the ambassador earlier and i asked him why he believes the agreement makes no sense. >> it's worse than making no sense. it makes bad sense. it is worse than worthless. >> worse than worthless? >> worse than worthless. first of all it gives a path that is easily cheated on, for iran to get to nuclear weapons capability in relatively short order. the idea that iran would have a secret deal with the international inspectors, that can't be disclosed to the american congress, even, much less the american people -- >> you're talking about the side agreements? >> yeah, yeah, is absolutely ridiculous. >> my understanding is part of what's going on in the side deals is information that is pertinent to iran's sovereignty, that it would not want made available to -- >> well i'm sure iran doesn't want anything made available. they are full of themselves. as being -- having the right to dominate the middle east through terrorists, through people like the houthi in yemen or through their own forces. i think that to have

james woolsey is here of course, our ambassador, former cia director, so many other impressive titlese. james woolsey, you've been saying it is the whole process that stinks and the vote count, you would have preferred a 2/3 vote to approve it? >> right. i'm very much, in league with andy mccarthy on this, who has done scholarly excellent legal work. this should have been a treaty. obviously should have been a treaty. it is of such fundamental importance. no one historically would have made something like this an executive agreement. and as a treaty, it would require 2/3 of the senate to approve it. so the president -- neil: why didn't the senate leadership, house leadership push for that? >> i have no idea. i think they made a big mistake not pushing for it then. no reason they can't push for it now except it is embarrassing to them. politically embarrassing to them. substantively as far as law is concerned, the president submitted what the statutes require him to submit yet, because he hasn't submitted all annexes, the reason they're being hidden from the states. neil: ambassador i

joining us is senator james woolsey former cia director. great to have you here today. >> good to be here, uma. >> with the latest revelations what impact do you think this has had while she was at the helm of the state department? >> clearly there were some violations and important ones here. it's one thing for there to be a conversation and if you're not sure exactly who was on either end, and a communication that you see and it's not stamped, you can understand how someone would have gotten confused about whether it was classified or not. but some of this material was reportedly reconnaissance, satellite photographs, those types of things are stamped with more code words than you can imagine. and to have some of those going through the system and not know whether it's classified or not is -- is quite a stretch. this all reminds me the bon mot what's the difference between an e-mail and a diamond, the answer is an e-mail is forever. >> all right, ambassador. critics are dismissing when it could lead to an indictment on classified informat