to me, the question raised by the nsa and irs is, how is it we should hold these vast, complex, opaque institutions accountable. how is it that effective oversight is possible? how can we possibly know that if a few people with vast power, whether it is the federal reserve chairman or the head of the nsa, how can we know they are always competent, well meaning? the point is i think we need a fundamental re-examination, i would hope on a bipartisan basis, prompted by these events at nsa and irs. we need a fundamental re- examination of how we conduct effective oversight. how do we hold these institutions accountable? thatps in the course of fundamental re-examination we will conclude sometimes there is too much power invested in too few people and sometimes bureaucracies have become so large that they are unmanageable and we need to do something different. those are the profound questions i hope will be raised by these twin events this summer in washington. [applause] >> on cyber security, when he was still defense secretary, leon panetta warned the nation of was facing the possibility

increased background check. 16.5 million in 2012 and the reason, democrat scandals, irs, nsa and this, a very important one the ndaa defense authorization act that says if there's a national emergency it gives the president power to override the constitution and has control over our military. >> why don't we go get our guns and strap them on and go to a bar. >> obviously you fell apart during that last segment. >> i wanted to get it. >> somebody could shoot you. >> can they wear those things to church? >> okay, so i put my lip gloss back on for this segment because this is the fox news alert. george clooney is single agai stacy keebler

increased background check. 16.5 million in 2012 and the reason, democrat scandals, irs, nsa and thisvery important one the ndaa defense authorization act that says if there's a national emergency it gives the president power to override the constitution and has control over our military. >> why don't we go get our guns and strap them on and go to a bar. >> obviously you fell apart during that last segment. >> i wanted to get it. >> somebody could shoot you. >> can they wear those things to church? >> okay, so i put my lip gloss back on for this segment because this is the fox news alert. george clooney is single again. stacy keebler and george, sweet george broke up. so ladies, all the single ladies. >> he doesn't want to get married. >> >> welcome to ""red eye". this is the third time it appeared this year and in different places, let's go to tv's andy levy, what is coming up in. >> coming up on the big show, did elliott spitzer cry on "morning joe"? he was stuck on "morning joe" and find out a new segment called this week, i'm sorry if you were o fended and the establishment of a n

increased background check. 16.5 million in 2012 and the reason, democrat scandals, irs, nsa and thise, a very important one the ndaa defense authorization act that says if there's a national emergency it gives the president power to override the constitution and has control over our military. >> why don't we go get our guns and strap them on and go to a bar. >> obviously you fell apart during that last segment. >> i wanted to get it. >> somebody could shoot you. >> can they wear those things to church? >> okay, so i put my lip gloss back on for this segment because this is the fox news alert. george clooney is single again. stacy keebler and george, sweet george broke up. so ladies, all the single ladies. >> he doesn't want to get married. >> why? >> our special report is next. >>> lining up is supposed equal paying up. but there's a glitch in the software, this is "special report." good evening, i'm brett baier, it's been a rocky road toward implementation for the part's increasingly controversial health care law. it seems one of the big revenue generators a surcharge on smokers fal

and distractions. scandals that created quite a buzz, like the irs mess, and nsa surveillance, and the benghazi attack. apparently the president doesn't think they're such a big deal. instead mr. obama insists congress and the media are taking the focus of what really matters, issues like the economy, the debt, and other budget problems which are looming after congress returns from the august recess. joining news with more. >> president obama gave a couple of speeches this week trying to refocus the national discourse on the economy and jobs, and to his critics who may also want the president to answer questions on other issues as well. the president and his spokesperson had this to stay, starting with a line this morning on the president's weekly radio address. >> over the past couple of years in particular washington has taken its eye off the ball. an endless parade of distractions and political posturing and phony scandaled. shifts focus from. from what needs to be done. >> endless distraction of political posturing and phony scandals, and lord knows what, washington keeps taking its awe off the --

i would hope on a bipartisan basis prompted by these events at nsa and irs. we need a fundamental re-examination of how do we conduct effective oversight. how do we hold these institutions accountable. and perhaps in the course of that fundamental re-examination we will conclude that sometimes there is just too much power invested in too few people, and sometimes bureaucracies have simply become so large, so complex that they are unimaginable, and we -- unmanageable, and we need to do something different. those are the profound questions that i hope will be raised by these twin events this summer in washington. [applause] >> on the cybersecurity front, last fall when he was still defense secretary, leon panetta warned that the nation was facing the possibility of what he called a cyber pearl harbor. he said we're increasingly vulnerable to foreign computer hackers, and they could put our nation's power grid, transportation systems, financial networks, etc., etc., at risk. is that true? and if so, why haven't we done a better job to protect against this threat

they're talking about the nsa and the irs and all the other thicks -- >> politics at the moment.so are you basically saying, are you seeing, is there evidence that they are just looking for poorer people and saying forget about your income, and we'll worry about it next year? >> i'm not seeing that, but i would wonder if that wouldn't evolve naturally as a business model simply because, okay, we've identified what success is. secretary sebelius has said it's seven million people, and you need to get there pretty quickly in order to say, look, this thing is working just as we planned. you know, the old sutton's law thing, rob banks because that's where the money is. >> california. october 1. you have it very differently, you're doing much more outreach. i don't know if that gives you navigative programs already up, you're doing messaging, it's a totally different political environment, yet you also have hard-to-reach populations, non-english speaking. you've got plenty of young invincibles, so the obstacles are similar in a different political complex. what happens when it starts

and missouri yesterday. he says he is trying to focus attention on the economy after what he calls distractions like the irs and the nsa. >> repealing obamacare and cutting spending is not an economic plan. this moment does not require short-term thinking. it does not require having the same old stale debates. our focus has to be on the basic economic issues that matter most to you, the people we represent. >> most recent polls show 49% of americans disapprove now of how obama is handling the country. 45% approve. >>> and according to ap sources, president obama has nominated caroline kennedy as the next ambassador to japan. she is the daughter of former president john f. kennedy. she served as cochair of his vice-presidential search committee. if approved, she will be the first woman to serve as u.s. ambassador to japan. >>> and former president george h.w. bush is stepping out with a new hairdo, or lack of hair. >> he shaved his head in support of 2-year-old patrick, who has leukemia. you can see them both here with matching shaved heads. patrick's father is on mr. bush's security team. his colleagues shaved off thei

but you don't see a lot of it happening on the articles of the paper they are talking about the nsa and the irs and all the other things you're talking about. >> so basically you're saying -- is there evidence that they are just looking at us this and we are looking by mr.? >> so simply because we have identified what successor is in this includes 7 million people, and we need to get there pretty quickly. in order to say, well, look, this thing is working just as we planned. the whole suttons lossing because that is where the money is. >> you have a very differently and you are doing much more outrage. you are doing messaging. it is a totally different political environment, if you also have hard-to-reach populations and have non-english-speaking, you have the farm areas, plenty of young invincibleis, so that the obstacles are similar in a different political context. what are you seeing and what is happening when october comes? circuit is hard to say until october. it seems like we will be investing a huge amount in outreach and enrollment grateful campaign has not launched yet. so there are v

and phony. today the victims respond. >> welcome. i'm stuart varney, this is your world. from nsa snooping to irsswers in benghazi,

i would have liked to have seen a picture of him meeting wit those same people for the nsa scandal, irs, jobs and: the battle, but they did not issue a picture. so what are your concerns? >> my concern is, why is the president addressing what is happening on the international front and not what is happening here in the domestic enemy? neil: this is a pretty big deal. upending of the democratically elected government. he should be. >> he should be able to balance and be able to meet on more than one issue. it should not be picking and choosing and saying this is more important. neil: you don't think i roll is more important? we pay billions of dollars to this government, this democratically elected government and allies might down the drain. >> they are both very important and certainly should be meeng, but they need to be meeting about more than one iue. very different issues. the president needs to be able to be on more than one issue. we should not have been waiting for weeks and months. he should have gotten out in front of this immediately. >> i'm widening in out. neil: a lot of people. this

and phony. today the victims respond. >> welcome. i'm stuart varney, this is your world. from nsa snooping to irs targeting and search for answers in benghazi, the white house labeling them as phony and fake. you try telling that to the people hurt by these phony scandals like the mother of sean smith one of four people killed in the benghazi attack. she is still demanding answers and she is here. so is the person that provided testimony after tea party group was targeted by the irs. >> i'm not here as a vassel, i'm not begging my lord for mercy. i am a born free american woman, wife and mother and citizen and i'm telling my government that you forgotten your place and not interested in scoring political points. i wanted to protect and preserve the america that i grew up in, the america that people cross oceans and risked their lives to be a part of. i'm terrified that it is slipping away. >> stuart: and they say the scandal is very real. becky, what was your first reaction when you heard the use of those words, fake and phony? >> i think it's like the captain. titanic calling the iceberg phony.

. >> listen, i think the irs scandal and the nsa rose above the zimmerman trial. there's no question about that, and it sinks in. i said this many weeks ago, irs was the one scandal i think would hurt obama and i think it does and is with people, because if you go into it, even before the scandal broke out, ask people in polls what do you think about the irs, they don't think it is fair. they think they were giving favoritism to someone else. did they get a break with zimmerman? yes. i know you're not going to like this, benghazi, i don't think there's anything anyway. holding hearings up there, nothing has come out of it. >> i don't necessarily fault the white house for this, they have been dragged around by the news cycle. president obama would like us to go into august thinking obama care is going to work. wants us to sign for exchanges october 1st. that's his signature legislation. every time he goes to give a speech, something else seems to happen that gets them off track to the point they have to do bells and whistles to make it happen. the approval rating ma

need a fundamental re-examination, i would hope on a bipartisan basis, prompted by these events at nsa and irs. we need a fundamental re- examination of how we conduct effective oversight. how do we hold these institutions accountable? perhaps in the course of that fundamental re-examination we will conclude sometimes there is too much power invested in too few people and sometimes bureaucracies have become so that they are unmanageable and we need to do something different those are the profound questions i hope will be raised twin events this summer in washington. [applause] >> how on cyber security, when he was still defense secretary, leon panetta warned the nation the possibility ofha week-old a cyber pearl harbor. he said they could put our transportation system and financial networks at risk. is that true? if so, why have we not done a better job to protect against the threat since it probably involves a partnership between government and industry? >> i think it is true. i served for a time as the chair of the external advisory board at the cia and on the defense business board. i have

. >> they point to benghazi and irs and going after groups and nsa surveillance program and justice departmentargeting journalists as legitimate issues. the obama administration is stonewalling on benghazi. >> this is real scandal. no matter what they try to say, the administration is. they are not forthright in coming forward and now they are preventing us from going to the truth. >> molly: joe carney says the irs activity was inappropriate and took steps to stop it. carney says republicans are trying to turn it into a bigger issue than it is. >> rick: the president and spokesman's remarks about phony scandals might be the opening salvo in the bigger battle over the budget. our political panel will debated the looming show down a little later this hour. >> heather: police are investigating a deadly shooting spree in south florida. we're told the gunman killed six people and s.w.a.t. team moved in as talks with the suspect fell apart. dominic has more. >> reporter: just moments ago at a press conference, police describe the deadly behavior of a man who had previously been a quiet and remarkabl

>> i have three things for you, irs, nsa and benghazi. think there is a sense that they need a fight and they need it over a fiscal issue. i think they know they're not going to win, this president has lost so much political capital with the scandals breaking so early after his reelection. but the fact of the matter is they are getting hammered on very big issues. they are continuing on their signature piece of legislation to lose support on their own base and they're heading very quickly into 2014. they need to pick a fight that divert the attention and place it is on something else. they feel they won the debt ceiling debate before and they can win it again. >> jessica, i want to give you the last word. what harry reed is doing is destroys max baucus, the chairman of the senate finance committee, who is trying to develop a bipartisan deal. he is destroying that. and if you destroy that on taxes, then you destroy it on the budget. and if you destroy it on taxes and the budget, then you destroy it on entitlement reform. it is the most des

they're talking about the nsa and the irs and all the other things -- >> politics of the moment. so are you basically saying, i mean, is this something you're worried about? is there evidence that they are just looking for poorer people and saying forget about your income, we're signing you up,

of phony when determining how to classify the scandals that we have seen in washington, the irs, the nsa and information and transparency about benghazi. here, listen to just some of the speaking this week of the president, different speeches and white house press secretary, jay carney joo. >> we have to keep focused on these issues, even as we all are buffetted about by the variety of things that confront us because they're unexpected -- either a natural disaster or an event overseas or, you know, fake scandals or things like that. what has been lost in some regards because of -- real issues that we have had to deal with, including overseas, including phony scandals that have captured the attention of many here in washington, only to dissipate. >> it shouldn't be on the skirmishes that cause gridlock t. shouldn't be the phony scandals that have consumed so much attention here, all to come to not. with this endless parade of distractions and political posturing and phony scandals, washington's taken its eye off the ball. the point is with an endless distraction of political posturing and pho

and missouri yesterday. he says he is trying to focus attention on the economy after what he calls distractions like the irs and nsa. >> appealing obamacare and cutting spending is not an economic plan. this moment does not require short-term thinking. it does not require having the same old stale debates. our focus has to be on the basic economic issues that matter most to you, the people we represent. >> the most recent poll shows 49% of americans disapprove of how president obama is handling the country. 45% approve. >>> the most recent poll shows 49% of americans disapprove as we just said. and 45% approve of his work. the cbs survey also shows 61% think the economy is in bad shape. >>> and it looks like student loan rates will be going back down. the u.s. senate passed a bill to cut loan rates for this fill similar to a bill the house passed. it will link student loans to the financial markets. the president saves it's a victory for students. >>> the nsa surveillance program survived a close vote on capitol hill. the house voted last night to continue collecting americans' phone records in the fight against te

supreme court decision, what has been going on in the debate over the nsa and government and its relationship with citizens, the irs scandal -- all of these things that are forcing us and giving us opportunities and obligations to reflect on what it means to be a citizen. citizenship is a status under the law that some people have and some of -- some do not, but it is also a set of norms and values and a set of privileges and immunities to use the language of the constitution -- a bundle of rights. we do not talk about how citizenship is a under love responsibility. -- a bill of responsibility. that is a theme we will ring out. that word, which even five, 10 --ars ago, and a musty, 1950 1950s feel to it, now, it is hot. given this moment, this time that we are in, how would you define or redefine citizenship in the united states? >> thank you. it is a good question and we started to get more and more about this recently in light of the immigration fight and in light of what the dreamers were doing around the country. if we said citizenship, most people in the world on legal status, but we thought it is more than th

and there is some urgency inside this white house to get something done. now, republicans heard that talk today about the president saying these issues about the irs and nsa,, are just distractions. they say that's nonsense and they say what the public wants right now is an actual plan for jobs. not more speeches. take a listen. >> with this endless parade of distractions and political posturing and phony scandals, washington has taken its eye off the ball. and i'm here to say this needs to stop. [ applause ] >> what is it going to accomplish? probably got the answer, nothing. it's a hollow shell. it's an easter egg with no candy in it. >> republicans saying they heard nothing new in this speech today. the president starts this series of speeches about the economy but why is the president doing it? look at the latest fox news poll. his support among independents is dropping. only 25% saying that they approve of his job performance. 31% back in june approved of it so that's a little bit of a dip. his overall job performance of the president only 46% approve. 47% disapprove. that shows is he struggling in the second term. republicans can't celebrate too much

the town meetings people came out and said, we are tired of government doing this to us and whether it's irs or nsa or boobama-care it's time for us to send our representatives back to start fighting the enormous expansion of government and intrusion in our lives. >> i do not care if it takes six months to do their jobs. i stay here and do breaking news, the fact that they go home during a crisis is a problem. >> well, i'm hopeful that they will hear what their american people will say. it's up to the folks at home to make that happen. >> they will not hear it from the president in martha's vineyard. from the beginning, washington irs officials blaming workers in the cincinnati irs office, people say they were targeted testifying before state lawmakers. justin thomas was one of them, he joins us, nice to see you, sir. >> nice to see you again, greta. >> you have been listening to the targeting business, is this a phony scandal, give us your thoughts on this? >> phony impacts quite a few of us here. i don't know how many thousands of people qualify before we go from phony to real? >> what do you thi

nsa, irs, benghazi. now you use these organizations as political tools, it's amazing. i think there's a lot of optimism on wall street and other places that maybe this will put the cabosh on some of these anti-business things the president is pushing through. >> what do you think? >> i'm an old fuddy duddy. >> no, you're not. i'an old fuddy duddy. you're like the anti-fuddy duddy. >> yeah, you are. in terms of like -- i have no expectation of privacy. but we have an entire generation of people who are growing up using cial media. and i think that they are utterly shocked by this national security agency collection of phone records in a way that older generations are not. i think that if you have people reting that way to greater

and nobody would want to watch the show. brian is great. >> steve: he'll be back tomorrow. thank you for joining us. straight ahead, the obama administration says benghazi, irs, nsao that coming up next cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. i'm in my work van, having lunch, next minute i'm in the back of an ambulance having a heart attack. the emts gave me bayer aspirin. it helped save my life. i was in shape, fit. i did not see it coming. my doctor recommends i take bayer aspirin to help prevent another heart attack. [ male announcer ] aspirin is not appropriate for everyone so be sure to talk to your doctor before you begin an aspirin regimen. i've lived through a massive heart attack. i don't take life for granted. see your doctor and get checked out. ♪ see♪your doctor and get checked out. ♪ i've got something for you too. (announcer) fancy feast delights with cheddar. a meal that is sure to delight your cheese lover. now available in the classic form she loves. fancy feast. the best ingredient is love. >> steve: the treasury secretary

federal government, some of their motives and what they're doing, from benghazi and the irs to dealing with the press and the nsa, now they're saying, trust us. this is going to be good for you. we're here to help you. should land owners in the ozark area designated the blue way, should they be concerned? >> i think they should be concerned, governor. first, let me thank you for your leadership in calling national attention to this very important issue. i agree with you. the people that love the land the most are the best stewards of the land are the people that live there locally. what we see here is a washington power grab. it's unauthorized. it's unilateral. the secretary of interior can go in there and designate some area as a blue ways, and it's not just the water, it's that entire watershed. they have basically drawn a large circle over a big area, and they created this out of thin air. this is just washington once again saying they know better than the people at home. >> senator, i've antelope hunted in your lovely state, and it's a magnificent state, as would be the ozark region. my experience is that pe

we have the irs scandal nsa scandal they come out and do things better than just spying on you and tax records. >> michael: you write about politics, doesn't he need some wow now? >> he totally needs wow. he'll do that with the immigration bill. he'll try to sell that personally. >> michael: let's go back to the less than wow stuff. the technology, you talked about the scandals. one of the things that people have been critical of the president about is the fact that the tech sector, i wouldn't say the president but the tech center is closer to government and national security. what do we make of this union that is happening right now? >> silicon valley, the wealthiest folks there put $44 million in the election cycle towards politics. most of that was towards democrats. some towards republicans. the stuff they're interested in for the most part is not wow stuff either. it's patent reform. it's how do we keep more of our money. all of the money that we parked overseas. apple parked money overseas, how do we get that back without paying-- >> michael: going back to immigration. >> that's

he left it pretty unclear, there are several to choose from, the biggest being the irs, benghazi, nsa surveillance andn reporters. you have four right there, varying levels of seriousness. i think we ought to think for the moment that the president does believe these are phony scandals. i am not suggesting he doesn't believe that, he probably does, but i think what you're going to hear from the other side from republicans is, for example, on benghazi, four americans were killed on september 11, 2012. that attack on the u.s. facility there. that's real. that's not phony. others were injured terribly. catherine herridge talked to one this week who is still hospitalized after this, and then of course you have the families of all of those people. so this isn't phony at all. i think republicans are going to throw that back at the president over and over again this fall. >> again i point to messaging. i think as a journalist we find there are very few words in an economy of words that aren't used because they're meant to be. i know "the wall street journal" peggy noonan is taking issue with that, saying wit

over the irs, benghazi and nsa. the middle east is on fire.he white house in constant policy crisis management mode. we really don't understand what the president's foreign policy is when it comes to the middle east. it's been about four months since the republican national committee released its recommendations. after its two straight presidential defeats. included reach out to latinos and pass immigration reform. focus less on social issues. so what have the republicans done instead? now opposing comprehensib prepr immigration reform. meaning the party could find itself set back with hispanic voters for years to come, maybe decades. conservatives on the supreme court gutted the '65 civil rights act. gop lawmakers on the state level are pursuing restrictions on abortion. mitt romney lost female voters by 20 points in 2012. both thought they'd have a fresh start in 2013 but so far 2013 has turned out to be more of the same. more on the political fallout from the immigration fight. we'll bring in my thursday gagg gaggle. he's a distinguished se

they're talking about the nsa and the irs and all the other things -- >> politics of the moment. so are you basically saying, i mean, is this something you're worried about? is there evidence that they are just looking for poorer people and saying forget about your income, we're signing you up, and we'll worry about it next year? >> i'm not seeing that, but i'm wondering if that would not evolve as a business model. okay, we've identified what success is, and you need to get there pretty quickly. and in order to say, look, this thing is working just as we planned, you know, the old sutton's law thing, rob banks because that's where the money is. >> california, october 1. you have it very differently. you're doing, you know, much more outreach. i don't know if that gives some navigator kind of programs already up, you're doing messaging, you're doing -- it's a totally different political environment, yet you also have hard-to-reach populations, you have non-english seeking, the farm areas, you've got plenty of young invincibles. so the obstacles are similar, so what are you seeing

maybe there would be a period of time in which they would get some business done and instead we've had irs controversy, nsa controversy, even the things like the george zimmerman trial which exacerbated some of the racial feelings in the country, polarization by race. all of those things have tended to depress the public mood, even while consumer confidence is rising. >> and the fight over the appointments, including the recess appointments where the language between the senate leaders were -- was so poisonous. >> you mean like you're the worst leader in the history of the senate. >> the worst leader in the history of the senate, and i'm sure that that sentiment was reciprocated in some ways. >> the parliamentary equivalent of dropping nuclear bombs. >> let's go upstate to galesburg, illinois to chicago and rick sell who has the five-year notes up for auction. i'm sure he has some percentages and some numbers. rick in. >> thanks, tyler, yes. auctioned off 35 billion 5s, yield 4.51, pretty close to where they were trading, i gave it a "c" for charlie. indirects were strong and directs half of the auction av

for that long and use the same buzz terms he used for four years and then call out those who see the irs, fast and furious, benghazi, nsadon't exist, that is game on, let's diminish those that have legitimate concerns. for example -- >> with this endless parade of distractions and political posturing and phony scandals, washington's taken its eye off the ball. i'm here to say this needs to stop. our focus has to be on the basic economic issues that matter most to you. the people we represent. >> brian: the irs matters. >> gretchen: it's also a way of saying phony scandal social security a way of taking the attention off of the president and the people close to him because the heat is on with a lot of these scandals as to how close his close knit group of advisors were and are to these particular phony scandals. so i think it's a way of sort of separating himself from them in the public's eye by saying hey, they're no big deal. >> steve: essentially what they're doing is the administration is using the same messages they used to get reelected last year because it worked last time. people bought it and they've got everyth

and look at the irs, the nsa, ap, maybe even benghazi, somewhere that's got to be looked at. fore you go further, i wanted to show something the president talked about in terms of this blowing through this opposition. let's listen to the president speak about this matter. >> if the folks who have been trying to make political hay out of this thing, if they had some b better ideas, i've already told them i'm happy to hear them. i haven't heard any so far. what i've heard is just the same old song and dance. we're just going to blow through that stuff and just keep on doing the right thing for the american people, so thank you very much. >> he hasn't gotten a coherent message from the republicans about how to fix health care, how to fix the economy. how to create jobs. how to reform the tax code. there is no republican message. the republican leaders don't talk to one another. they don't articulate a positive message. the result is what the president said is effectively true. >> doug is right, now, this past week at the urging of doug and pat on this show repeatedly, the house l

and a lot of these scandals, whether it's irs or the nsa, you know, obama care is likely going to be the number one issue if not number two maybe behind the economy in 2014 election. republicans think that obama care is going to help them in their quest to take back the senate. they need six seats to do it. it's probably a close call right now whether they get it. >> timing is interesting as well that it's been pushed off till after those elections. what do republicans want at this point now that these two provisions, at least, are in flux or delayed? >> well, it's interesting that republicans who have traditionally been viewed as the pro-business party, they're going after the obama administration for bowing to special interests. that, okay, you've delayed the employer mandate. but the individual mandate is still going forward on january 1 of next year. so they're saying that's an uneven playing field and if you can delay it for businesses, why not delay it for individuals? remember, jamie, the agency that is enforcing an individual mandate is the irs. >> of course. in the meantime

the political winds that are going to cause the stock markets to go down and i heard that earlier story. the irs issue, the nsathere's a very big political problem in this country and the market's going to get affected by that. >> the political problem is with the democrats on the left, and the president who tends to be on the left. and you just think that it's any political problem? >> it's the tail end of this cycle is when they start hanging people. no bankers have been jailed from the debacle that happened in 2009. no professional traders have really had problems. they've paved their way out. and at the end this have cycle. this is when the courts and the people movement starts to say, enough is enough already. and it's tied into the market. >> you're looking into the long-term cycles here. >> they start to sell off rapidly within the next year, rapidly when you wake up every morning and it's down, down, down. >> and this is a 3 trillion dollar bubble by the federal reserve that just in historical terms has never ever worked. just look at japan. stuart: we're listening to you, dan. >> i'm not saying i'm go

and 4s. 81% of that money came from conservative groups. that's where the action is. >> you are right to be freaked out with the irs and what they are doing. look at the nsa lev ratirevelat. i don't think it is unimaginable that these things happen. it happened 30 years ago. but i think it is a situation where the rules are so unclear. that's where you get abuses of power is where brewercrats don't have clear rules to follow. it is such a mess right now over what happened kind of political money can be regulated. the supreme court's left it basically in shambles and very difficult to clarify. >> i hadn't considered it until relatively recently because i don't like this irs monkeying around in all this stuff. they may actually be trying to do their job. what the supreme court did when they gutted campaign finance reform is basically allow people to make charitable donations ostensibly not for political purposes but they're bending the rules. so somebody's going to say wait a minute, you can't give -- get charitable deductions for giving to political campaigns which is essentially what the supreme court has muddied the waters on. >> they are taking deductio

the republicans are asking the president if it is baens the irs going after conservative and tea party groups, nsa surveillance program, and the justice department targeting journalists all fall into that category. >> i don't think his messaging works for him when he talks about phony scandals. that's why i think we just saw the pivot this week and has to pivot back to the economy because i think he sees that that's the only way back up the polls for him. after all, that's what it comes down to. >> jays the president believes the irs activity, for example, was inappropriate and the president took steps to stop it. carney says republicans are trying to turn it into a bigger issue than it is. >> the media also getting a bit blamed for that. let's take a look at that. thanks, molly. what do the people directly impacted by the scandals have to say about the administration's continued use of the term phony? earlier this week, we spoke with the mother of sean smith. who could forget what happened to her son. sean was one of the men killed in last year's terror attacks in benghazi. listen. >> it is wrong

and kirsten, is that it's coming in a broader context. you have this abuse of power by the irs, the broadest context of the nsa, and the extensive nature of them eavesdropping or listening in or monitoring at least our communications, so the government can be restrained by anything they set in motion even if it started with a noble intent has a lot of americans concerned. >> thank you both, good to see you. >>> one u.s. city is getting ready to approve a new rule that will likely be instantaneously challenged as a violation of the first amendment, we're going to look at what that rule is and why it as -- >>> a closed door hearing on capitol hill today that could change the narrative of the white house response to the benghazi terrorist attack. a man who may have firsthand knowledge of the military response, briefing lawmakers on what he knows about the night that four americans were killed. >>> and the liberal media pounced when a fox news reporter challenged the author of a book that challenges the foundations of christianity. today a different take as one of the country's leading critics tells what he believes the press is choosing to i

and earth to get to the bottom of this. but he's not. >> peter: in referring to the benghazi scandal, the irs scandal, the department of justice scandal, the nsathers, the president says it's phony. who is being phony? >> i think the only thing phony is his narrative that he's trying to make the american public believe. these are real people. these are real american citizens that are being abused, that were murdered and now they're saying it's all pretend. i just cannot believe that. >> peter: becky, thank you so much for joining us. please let us know when the f.b.i. contacts you with regard to this investigation and let us know the outcome as it goes forward on what the president calls a phony scandal. good to see you. >> you bet i will. >> peter: thank you. should the government be allowed to mandate how much money you save? it could happen. that's next. plus, hugh jackman returns to the big screen as the wolverine this weekend. how did he get into shape for that part? he tells us coming up next. that's in the spotlight. love, warmth. here, try this. mm, ok! ching! i like the fact that there's lots of different tastes going on. mmmm! breakf

and those. scandals galore in controversies over benghazi, irs, justice department, most recently nsa edward snowden id calling out anything they can muster a of the sequestered. the unpaid furloughs started today for more than 650,000 workers in because of the utter failure to stop the mandate budget cuts forced by the sequester process just for historical reference sequester itself was the brainchild of the obama administration and these furloughs are projected to save the department of defense 1.8 billion dollars you cannot help but think if obama had not gone on a week-long trip to africa last week for nothing was accomplished but many will spend. more than 35,000 employs would have been speared a furlough. now what we call precarious uncertainty and we are being kind. immigration reform as someone to call a. then gang of 8. those terms don't really go together. the white house is desperate to have a legislative victory by the end of this summer but the way they are talking that will not have been. implementing obamacare. for the president's critics the health care law is to give that keeps givi

the gop points to the benghazi attack, the irs going after conservative and tea party groups, the nsa surveillance program, and the justice department targeting journalists. and on benghazi, one republican congressman said lawmakers are not giving up. >> the administration continues to stonewall and that's why this is a scandal. they started by not telling the truth and now they won't even let us have access to those who might tell us what really happened. >> republicans say the president pivoted to economic speeches this week to try to divert attention from these scandals. arthel? >> arthel: molly henneberg, thank you very much for that report. house speaker john boehner describing president obama's decision to address these scandals in what was supposed to be a speech about the economy as, quote, unacceptable. so does the speaker have a point? we'll debate it later in this hour. >>> fox news alert. dozens of people reportedly killed in egypt after new clashes between security forces and supporters of the former president mohammed morsi who was ousted from power. massive crowds in ca