here is rangle and laura ingraham.l the tape. >> let me say this that bill o'reilly told me he had a secret weapon. i didn't know it was just a pretty girl that he would bring here. >> that's very condescending sir. >> i i'm sorry i said you were attractive i withdraw that completely. >> i was going to make a joke about the condo and the dominican republic and i didn't make it out of due respect for you. >> bill: i got a lot of ink. what do you think? >> if the question the implicit question is did charlie rangel cross the line? i want to be very clear on this. a big fat emphatic no. when did we become such sissies that something like this becomes a big deal? it's clear lay generational thing. younger guy wouldn't have said it let me say something else, bill. no spin? let me say something else here. laura is lucky that that's all he said about her. because there ought to be a roll rule on these shows. the host asks the question and shuts the hell up. >> bill: you can't do that, bernie. because i do that as well. >> you

congressman rangle welcome back to the program. thank you before we get to the u.s. economy what's your take on the events in libya today. well i can't imagine where america is you know was in that too long ago that we would welcome in khadafi back into the civilized leadership of the middle east and now of course it appears as though even though we don't know who the rebels are that we decided that is anyone's better than khadafy but it's really strange that we only really get god now we have famines and floods in many countries but we're there is oil so it's consistent with our foreign policy and i do hope that the voices that are screaming out for democracies are worried throughout the were of especially in this part of the world that's that's an excellent important point particularly as right now there's tens of thousands of small refugees pouring into kenya and many of them dying you know on the way or when they get there and exactly we'll know really if. it's tragic will will republicans. to to the to the issue of domestic po

the obama administration is rangling it. we will present a rock solid case.tion, you are about to enter the no spin zone. the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. why america is losing power. that is the subject of this evening's talking points memo. the united states remains the most powerful nation in the world. but we are losing steam. our power is not based on the military, which is the best in the world. our economic prosperity makes us strong. but here we are in decline. the debt deal this week accomplished one big thing. it kept u.s. bonds from being downgraded and that'suge. as we predicted here, moody's and other agencies now say they will keep america's a.a.a. rating intact at least for the moment. but the is little else good about the debt deal and the stock market knows it. it has lost almost 700 points i nine days. that's because wall street has little confidence that the obama administration and congress will do what's necessary to improve the economy. let

but so the focus very much on the hill as these leaders try to rangle all of the votes and twist alle arms. >> definitely not a done deal yet. looks like tell pass, but not a done deal. brianna, we'll be speaking to you through the course of the day. >>> zain verjee is live in london. britain's "sunday telegraph" says the suspect in the norway attacks used ebay to buy bomb-making chemicals and tools. >> reporter: how scary is that? the "sunday telegraph" did say that, giving more specifics about what exactly andres breivik was up to. they saw he got sulfur powder from ebay, that's what was used in making the bomb in oslo. a drill press, a hazmat suit, and some kind of a face respirator, as well. there's an investigation going on into this. ebay hasn't commented on this, but they say that they are cooperating with it. it's pretty scary to think it's easy to get the stuff out there like that and to use the name andrew brei, his name on ebay, to get this stuff. >> and ebay says it's cooperating now with authorities on this. >> reporter: yeah. >> insurgent attacks in war zones, you know,

first there was the debt ceiling rangling. congress and the white house pickers and only at the last minute agreeing to raise the debt ceiling. >> the display that american politicians put on and the disorder and disapray has certainly increased the level of concern. >> china's state run news agency said such political brinkmanship is dangerous and irresponsible. biden's trip is an opportunity to smooth out any wrinkles with the chinese government. at the end of 2008, u.s. debt was 40% of gdp. at the end of 2010, it was 62%. and at the end of this year, it's expected to be 69%. u.s. owns china $1.2 trillion. but the overlang of the economy is only discussion point. it also gives the president one-on-one time with the presumed next leader. he has been described as opaque. >> he's going to be around probably the next ten years. so it's very much in the united states government's interest to know him well, how he thinks and get a good of a sense as well as we can of his priorities. >> china keeps its currency artificially low. an

our ability to pay our debt, if we make good decisions, but because after witnessing a month of rangling over raising debt ceiling, they doubted our political system's ability to act. the markets on the other hand continue to believe our credit status is aaa. in fact, warren buffet who knows a thing or two about good investments said, if there were a quadruple rating, i give the united states that. i and most of the world's investors agree. that doesn't mean we don't have a problem. the fact is we didn't need a rating agency to tell us we need a balanced long-term approach to deficit reduction. that was true last week, that was true last year, that was true the day i took office. we didn't need a rating agency to tell us that the gridlock in washington over the last several months has not been constructive, to say the least. we frue from the -- we knew from the outset that the debate where the threat of default was used as a bargaining chip could do enormous damage to our economy and the world. that threat coming after a string of economic disruptions in europe, japan, and the middle eas