host: are these people we will see come in before steven chu comes in?re you saving him for the last one of these? guest: i think secretary steven chu is perhaps our prime, top- rated witness because we want to demonstrate our opinion that this is against the law -- what they did, the energy policy act, and we want him to explain why they did this. going back to the question we just got, and what you referred to, is if we see these people that were part of this process and we still see them helping the president, you understand that if the president gets reelected they will be back in the process acting -- asking for more money, and i just do nothing that is right. host: if you have that question for steven chu, you want to hold off on asking that? guest: i think we will bring him in on short order. my druthers would be to talk to the council. you had mentioned her and others. we talked about her opinion, and try to understand why she made that, and then after we get that, then have secretary steven chu confirm -- does he understand? some of her memos do

host: are these people we will see come in before steven chu comes in? are you saving him for the last one of these? guest: i think secretary steven chu is perhaps our prime, top- rated witness because we want to demonstrate our opinion that this is against the law -- what they did, the energy policy act, and we want him to explain why they did this. going back to the question we just got, and what you referred to, is if we see these people that were part of this process and we still see them helping the president, you understand that if the president gets reelected they will be back in the process acting -- asking for more money, and i just do nothing that is right. host: if you have that question for steven chu, you want to hold off on asking that? guest: i think we will bring him in on short order. my druthers would be to talk to the council. you had mentioned her and others. we talked about her opinion, and try to understand why she made that, and then after we get that, then have secretary steven chu confirm -- does he understand? some of her memos

issa wrote in this letter to energy secretary steven chu quote: "announcementt made by &pseverstal duringpeast 3 different counts, the secretary's department of american's dollars--three puarters of a billion of them." but the department of energy says tax dollars have not been spent yet. carrer staffers are still doinngtheir due diligence on the projecc. it also says the foreign company would support moreethan 2,500 d-o-e press secretary pamien la vera tells fox quote: "...this project has received bipartisan support becauss producinggtte next advanced high strengtt steel is vital to helping ameriian workers remmin competitive." afttr the high-profile sa ssys solyndra faiiure cost taxpayers $535 million oo a d-o-e loan guarantee, he has his concerns. sot issa says: "... tte department of energy has a number of problems, and under this secretary, these problemsshhve either blossomed or certainly not been fixed." severstal says it has met all loan program during what has been a nearly two year process, and argue this project is absslutely critical &pfor future fuel efficiency. but crrtics

on the energy secretary steven chu to testify. ld be politically damaging for chu. a bay area scientist who led lawrence berkeley labs for years. his worst enemies acknowledge the value of the department of energy being run by a scientist who has won the nobel peace prize. the dow industrial is lower on concerns over europe they turned in really solid numbers. third quarter earnings rise 21%. it's not able to create the fees that it needs to continue the profits. some things the banks have been saying in the protesters. >> midway through october. we'll look at the numbers. want to look at the numbers on the forecast with christina loren. still looking good from stran san francisco. wait. i'm getting a text message. it's from my fake girlfriend. she says her name is brian wilson. she can't wait to see me later. with that, i'm going to send it to mike. >> fake girlfriend. nice. there we are. look at that. there's the traffic map. the slowing is real accident to westbound 80 prepare for the slow drive smoothing out. 24 through lafayet

speeking at an energy symposium today, energy secretary steven chu denied that a second solyndda loanere are many, many sseps... so it's not trre." both chu and president obama today againnacknowledged that some loan guarantees would be pisky, but neeessary invessments for thh us to remaan competitivv. as to whetter laws broken? sot - obama says: "... if they violated llws on the books, they need to be prosecuted." but some republicans in the house energy and commerce committee don't trust the administration to investigate itself. they believe that another subpoena will be necessary to force thh administration to produue those e-mails that committee members want to see. in washington, doug mckelway, fox news. 3 republiccns.../ turn... up the heat.../ on... attorney general ...ericc holder, .../ ááwitháá some saying... he... misled testimony. today.../ the.... justice &pdepartment... fired back.../ saying .../// ááthissá was... all a game ...of... "gotcha"...//. áámráá obama says... he has full confidence.../ general...///. ááholderáá &p told congress .../ he... learned... of...

. >> well, steven chu has said it's his fault and he's taking the blame some i guess if you follow upmight resign. would you rather he be burned at the stake? >> prediction? >> prediction is the -- justice department took the health care ruling from the supreme court because they're nervous they won't be in office. >> he's trying to distract you. he wants you to pull your prediction. >> i know. >> what is your prediction? >> after his very public flirtation this week, new jersey governor chris christie decides he is not going to enter the race. >> the property problems in the united states will resolve in the drop in the hispanic community of obama by 30 points. >> kristi will not run. bye-bye!

right now the energy secretary steven chu is under fire.s just put a statement a short time ago insisting he is going to cooperate with this white house review that they are more than happy to turn over the information. he is also cooperating with house republicans. in fact, next month steven chu is going to testify about solyndra for the first time in this entire story. and the bottom line for the white house is they say, look, mistakes were made with solyndra but there has been no evidence, after all these investigations, of any political malfeasance. so they are saying they are cooperating, there so no need for the house republicans to put out any subpoenas, shep. >> shepard: ed henry at the white house tonight. thanks. eric holder has now agreed to testify before a house panel on the fast and furious operation. that was a gun sting meant to track how weapons moved from the united states to mexican drug cartels but the feds admit they lost track of hundreds of guns. and investigators say they found two of the weapons at the scene of a bo

steven chu will appear before the committee on the 15th. the biggest name in the obama administration to testify in the probe so far. they laid off more than 1,000 workers after receiving a $535 million loan from the department of energy. police released the sketch of a man they say choked a woman at the parking garage and left her for dead. he's described as 5'4", white man with blond hair. a russian or possiblily eastern european accent. he was wearing a green sweater with white lettering and blue jeans. he approached the victim, asked for help. he followed her to the parking garage where the grabbed her an began choking her until she was unconscious. students say it makes them think twice about walking alone. >> i'm going to move my car to maybe the main lot in the open where it's really bright. >> police hope someone will recognize the suspect's sketch and come forward with information. a controversial new development in the bryan stow case. the injured giants fan blamed in part for his own beating. a lawyer claims the suspects should b

. >> this is a miss to energy secretary steven chu.a solar company that got more than half million dollars in loans and pleading the fifth and not talking about it. what is the thought if mr. chu, who ran the program, didn't quite-- at least have the decency to be be embarrassed and apologetic, instead he was shovelling out more money on the same kind of loan program, outrageous. >> paul: bret. >> first time a hit to al-qaeda, yes, the world's most evil terrorist organization rebukes ahmadnejad and president of iran for calling the 9/11 incident at his u.n. speech the other day, mysterious. and yet, al-qaeda has no patience for 9/11 truthers, they work very hard on killing 3000 americans and they want to take full credit for it. i think if al-qaeda has been this definitive we should take their word for it. >> paul: all right, matt. >> there's joy in baseball america, perhaps everywhere except boston over the return of the curse of the bambino, the boston red sox capped the worst slide in baseball history, and the playoffs up by nine ga

steven chu said the stimulous program, which expired yesterday, cost billions. they declared bankruptcy and closed down last month. >>> another wandering sea lion turned up in an odd spot. it was found this morning along highway 101 in burrellinggame. ann on the mammal's amazing journey. >> this frantic thrashing sea lion has been through a lot, walking across the north and southbound lanes of highway 101. a journey that ultimately led to this net. the 911 calls from drivers started before 7:00 a.m. >> they sounded surprised, according to dispatch. i'm sure if i was calling, i wear i'm not drinking, but there's a sea lion on the freeway. >> it looks like the sea lion came out of the bay and went up this canal or around it and then started crossing roadways. including a side road, a four- lane highway on ramp and access road and then the 8 lane of highway 101. >> a caller that said they saw him jump over the middle barrier from northbound to southbound. i don't know how he didn't get hit. >> the 150-pound sea lion ended up on the side of the broadway exit of sout

bayer paid for part of this study. >>> steven chu says he will now testify on november 17th about the $500 billion loan award -- awarded to solyndra. secretary chu will go before the house, energy and commerce committee. his system will come two and a half months after the fremont based company laid off 1100 employees despite getting that massive lien. republicans are expected to get secretary chu a hard time about the loan. >>> 8:50. there is a new time magazine poll that says secretary of state hillary clinton performs better than president obama in a new theoretical matchup against the presidential candidates. now "the time" magazine poms shows hillary clinton beating mitt romney by 17%. herman cain, by 22% and rick perry by 26. this is a hypothetical competition. in comparison, acodding to the poll, -- according to the poll, president obama leads romney and cain and perry in the same poll. secretary clinton has repeatedly said she has no intention of running. >>> there's also new annal little siss by "the associated press" that backers of president obama are holding back. a few ha

steven chu will appear the committee on november 17th. the nobel prize winning physicist is the biggest name in the obama administration to testify so far in the probe. the solar manufacturer laid off more than 1,000 workers after receiving a $535 million loan from the department of energy. players and owners are expected back at the bargaining table after hours meeting. the lockout lasted 120 days but it could be over, they say, this weekend. if a deal is done by monday the nba says it is possible. an 82-game season could still be played. >>> ul or nothing tonight. game seven of the world series after a wild and epic game sixth. bottom of the ninth. cardinal douns two. in the tenth the rangers jump back on top. josh hamilton hits a two-run homer. the cardinals respond. they score two to tie it up again. in the 11th breeze comes through in the clustch. the cardinals force a game seven, winning it 10-9. filming wrapped up on the the set of men and mavericks. film crews were there all day yesterday. the movie is about big wave surfer jay mo

there are loans under steven chu -- >> bob: but what about the projects that go back?epublicans and democrats voted for the money, approved it and lobbied for some of it. not for this in particular, but overall -- >> eric: a republican district? this is the department of energy going to a russian company. >> greg: the owner is russian and they do work in america. the owner's name is morteshaw which in russia means rich guy that ripped off america. >> andrea: who is friends with vladimir putin. >> greg: exactly. he is worth billions so that creates controversy. people are behind -- i don't really understand the outrage yet. >> andrea: bosom buddies. >> bob: wait a second. i'm back, my work stoppage is over after the first quarter. let me make a few points. >> andrea: bob is back. >> bob: this is a company buildinbuilding in the united s. 2,500 jobs depended on this in the united states. did you get upset withest inlee owned by a foreign -- nestlee owned by foreign company? budweiser was sold out. just wait a second. wait a second. put your props away for a second and ea

. >> eric: bob ripped up the mask of steven chu.the one that should be fall guy. >> kimberly: good mask. >> eric: secretary of energy. >> kimberly: so that means we can move on. everybody is behaving well tonight. i love it. talk about money and lobbyists and is there a difference here? he is saying okay, i won't take money from the lobbyists, but bundlers have even greater access, direct access to the white house. we have some example of that. what is your take? >> eric: michael kempler is clearly a lobbyist. he didn't apply for lobbyist status, but he employs lobbyists. if you peddle influence -- bob or dana, clarify this. if you peddle influence for a fee, isn't that a lobbyist? who is to say you have to sign up to be a lobbyist and be recognized as a lobbyists? you are doing the same thing. >> dana: a lot of people in d.c. that work in the -- they will overcomply and register as lobbyists because the consequences and the punishment for violating that law of not being registered as lobbyist. if you do any sort of hay, you're at d

the house committee investigating solyndra scandal will call secretary steven chu to testify.y area scientist who led lawrence berkeley lab for years. even his worst enemies acknowledge the value of having the department of energy being run by a scientist. >> it will be interesting. thank you very much. >> the raiders are now 4 will have 2. they're off to a great start. they the great the browns 24-17 yesterday in the first home game since owner al davis passed away. this is an exciting but bittersweet victory. he broke his collarbone. he could be gone the rest of the season. the team could be in a hunt for a new quarterback. they might be trying to make a deal for carson palmer, who has been asking the browns to let him out of there and make a trade for some time now. his wife is from san jose. she played soccer at presentation high school. the nineers really playing with confidence and getting it together. they scored a touchdown in the final two minutes to wrap up the win, 29-17. the time is 5:56. still to come on "today in the bay". i'll tell you what we have coming up rig

issa wrote in this letter to energy secretary steven chu, "announcements made by seversalal in the loan consideration process indicated that the company had ample means to carry out the project" and didn't need the loan. >> they failed to protect the money. >> the department of energy says the tax dollars have not been spent yet. career staffers are doing due diligence on the project. it also says the foreign company would support more than 2,500 construction jobs and more than 260 permanent manufacturerring jobs in michigan. doe secretary tells fox, "the project received bipartisan support because producing the next generation of the automotive advanced high strength steel is vital to help american workers remain competitive. issa says after the high profile solyndra failure cost the taxpayers $535 million on a doe loan guarantee he has his concerns. >> the department of energy has a number of problems. under the secretary, the problems have blossomed or have not been fixed. >> seversol says they met all the requirements of the loan program in what has been a two-year process and argue

steven chu, the most unqualified insent cabinet secretary of all time.h longer, i'll -- anyway. going to eat shrimp again. what we don't do on the show and we will do it next week because i'm going to bring him in. you mention the ones that fail. for the 50, 80, 200 that make it, you never talk about. >> greg: nobody talks about them, they don't exist. >> bob: yes, they will. they do exist. when i bring them in and i show them. i hope all of you will recognize it. say gee, there are ones -- >> eric: most of the companies even if they're public, the stock prices are crashing as we speak. the business model didn't work. >> greg: this is called the van jones hangover. everything that was green was supposed to be good. now all we're dealing with every day is a new headache. >> bob: you are a walking hangover. >> kimberly: one good point about this, can i say there was a plan in new york. at least the warehouse was here. >> bob: you got plenty of -->> - >> andrea: stop approving the loans. we heard about the solyndra bankrupt. thigh had to by september 30. >>

energy secretary steven chu has agreed to testify but house committee may issue a subpena for documents in the solyndra case next week. review will not cover the solyndra loan itself but it will evaluate tens of billions of dollars in other loans that were made. >>> white house chief of staff bailey issued a statement today saying quote while we continue to make sure the united states remains competitive in the 21st century, energy economy, we must also ensure that we are strong steward of taxpayer dollars. >>> well more to bring enthusiastic friday night on the news at 9:00. just ahead. big bank backlash. how the local credit union could become beneficiary of a growing national backlash against the big banks. >>> him if talk about bait and switch. surprising new investigation reveals why you may not be getting what you are paying for. >> are you ready for a warm weekend? we have one coming our way. i have all the details in the we have one coming our way. i have all the details in the accu-weather forecast coming u pavement and we have a world series champion tonight. sports director l

. >> eric: bob ripped up the mask of steven chu.the one that should be fall guy. >> kimberly: good mask. >> eric: secretary of energy. >> kimberly: so that means we can move on. everybody is behaving well tonight. i love it. talk about money and lobbyists and is there a difference here? he is saying okay, i won't take money from the lobbyists, but bundlers have even greater access, direct access to the white house. we have some example of that. what is your take? >> eric: michael kempler is clearly a lobbyist. he didn't apply for lobbyist status, but he employs lobbyists. if you peddle influence -- bob or dana, clarify this. if you peddle influence for a fee, isn't that a lobbyist? who is to say you have to sign up to be a lobbyist and be recognized as a lobbyists? you are doing the same thing. >> dana: a lot of people in d.c. that work in the -- they will overcomply and register as lobbyists because the consequences and the punishment for violating that law of not being registered as lobbyist. if you do any sort of hay, you're at d

your investigation has been building toward having secretary steven chu come to testify. when will that happen? guest: we are hoping it happens before thanksgiving. we are going to ask the legal counsel for secretary steven chu to come forward and explain why and how they supported the roughly half of $1 billion through two private hedge funds. at that point, all the tax payer money was subordinated to these two hedge funds. host: i want to get into how that subordination worked, reports have come up that the energy department has offered steven chu to testify next week, and you and several members of your committee said you wanted to come in s soon as possible, why not take them up on the offer? guest: first of all we are pleased that he wishes to testify. i know some people have less for i know some people have less for his

. >> eric: bob ripped up the mask of steven chu.the one that should be fall guy. >> kimberly: good mask. >> eric: secretary of energy. >> kimberly: so that means we can move on. everybody is behaving well tonight. i love it. talk about money and lobbyists and is there a difference here? he is saying okay, i won't take money from the lobbyists, but bundlers have even greater access, direct access to the white house. we have some example of that. what is your take? >> eric: michael kempler is clearly a lobbyist. he didn't apply for lobbyist status, but he employs lobbyists. if you peddle influence -- bob or dana, clarify this. if you peddle influence for a fee, isn't that a lobbyist? who is to say you have to sign up to be a lobbyist and be recognized as a lobbyists? you are doing the same thing. >> dana: a lot of people in d.c. that work in the -- they will overcomply and register as lobbyists because the consequences and the punishment for violating that law of not being registered as lobbyist. if you do any sort of hay, you're at d

host: are these people we will see come in before steven chu comes in? are you saving him for the last one of these? guest: i think secretary steven chu is perhaps our prime, top- rated witness because we want to demonstrate our opinion that this is against the law -- what they did, the energy policy act, and we want him to explain why they did this. going back to the question we just got, and what you referred to, is if we see these people that were part of this process and we still see them helping the president, you understand that if the president gets reelected they will be back in the process acting -- asking for more money, and i just do nothing that is right. host: if you have that question for steven chu, you want to hold off on asking that? guest: i think we will bring him in on short order. my druthers would be to talk to the council. you had mentioned her and others. we talked about her opinion, and try to understand why she made that, and then after we get that, then have secretary steven chu confirm -- does he understand? some of her memos

energy secretary steven chu will testify about the half billion dollar loan to that now bankrupt solart's get into it with jim pinkerton. he worked in the white house under president reagan. judy miller is a pulitzer prize-winning investigative reporter. kirsten powers is columnist for "the daily beast". they are fox news contributors and will join me on "news watch" tomorrow. we'll talk about what we'll be talking about tomorrow. jim, solyndra doesn't seem to be getting any better for the administration although perhaps the energy secretary will clear up some of the misconceptions about this scandal? >> it is possible. this is one scandal i think the mainstream media have been covering pretty energyicly. pretty easy to grass in terms of the basic intention that is the taxpayers are out $500 billion. i must say the larger context is even more disturbing and that is that secretary chu will have to confront. and that is that the whole $38 billion of this loan program, entire 38 billion, not just 500 million of solyndra seems to be jeopardized if energy prices where they are now. the whol

one thing democrats and republicans did agree on today, they want energy secretary steven chu to testify. >> this investigation is beginning to resemble a kangaroo court. >> reporter: that statement set the tone for today's hearing on solyndra. >> would the gentleman yield? >> no i will not. >> i would sure like to know what information that you have that we don't have. >> mr. chairman -- >> you're supposed to be giving an opening statement. >> order, order. the gentleman is entitled to be heard. >> i'd like the clock stopped at that interruption. >> reporter: democrats objected to energy officials not being allowed to testify and criticized republicans for blocking of the release of an energy department memo that outlined the legal basis for restructuring the loan to solyndra. >> and now the republican majority is withholding exculpatory information from the public. i don't object to an information into solyndra and based on the record to date, i don't see evidence of wrongdoing by government officials. just a bad investment decision. >> reporter: republicans said democrats were aware b

. >> energy secretary steven chu is taking responsibility for key decision to slind a bankruptcy. with experts and senior aide before decide to go grant the solar company a 5 million dollar loan guaranteed in 2009. then according to the energy department warning signs that it was about to collapse he approved new terms for the loan that allowed private investors not taxpayers to be paid back first if the company defaulted. chu was professor at uc l berkeley and director of lawrence livermore lab before working for the administration. president obama says he has the full confidence in chu. >>> and abc news reports that solyndra executive refused to answer questions about the company sudden shut down including whether they got bonuses even as it was failing. fbi sources says they are under investigation for accounting fraud. that company got government loan guarantee as i said and also under investigation by congress. in a statement today the company says it is not aware of any wrongdoing by any of solyndra officers directors or employees but the investigation intensif intensifies.

we expect that they will be brought up here, including the secretary of energy steven chu. but here is more from the house energy and commerce chairman. >> this investigation will continue until taxpayers get the answers that they deserve, regardless of how high in this administration the facts take us. >> and with taxpayers on the hook at a tune of more than a half billion dollars, there are no signs of this investigation letting up. trace? >> trace: mike emanuel live with breaking news on capitol hill tonight. mike, thank you. well, a search for weapons now that could knock a passenger plane right out of the sky. coming up: u.s. forces said to be in a race it terrorists to get their hands on thousands of missing missiles. plus, the iranian assassination plot. new clues tonight that the terrorism could have roots right in the heart of iran's government. the details just ahead on "the fox report." people have all kinds of retirement questions. no problem. td ameritrade has all kinds of answers. call us for quick help opening your new ira. or an in-depth talk with a retireme

you remember steven chu, the president's energy, who said, we have to figure out how to boost the price of gasoline to the levels of the price in europe." that's about $8 a gallon. so it's the intention of this administration to race gas prices to either reduce -- force them into some other type of energy or to -- or to stop people from having the freedom of driving, as we always have in this country. but that was the energy secretary who said that we've got to bring our price of gasoline at the pumps up to that in the -- of europe. then we had also allen krueger. allen krueger is the -- has been nominated by president obama to be the chairman of the council of economic advicers -- advisors, as yet another example. and during his time at the department of treasury under president obama, mr. krueger made it clear his opposition to the development of traditional domestic energy. he even went so far as to say -- and i'm quoting now -- "the administration believes that it is no longer sufficient to address our nation's energy needs by finding more fossil fuels." he further stated -- and i'm

invite energy department officials up here to capitol hill to testify, including energy secretary steven chuey are hoping that he will come up at the appropriate time. neil? >> neil: thank you, michael. good seeing you again. elsewhere in washington, on capitol hill, democratic super committee member chris van holland says it's clear if they can cut $1 million. if they can't do that, half a million from defense over the next 10 years. that's something my next guest doesn't want to see happen. he's chairman of the armed services committee. mr. chairman, it's looking like increasingly the automatic triggers would go into effect as things stand now, right? >> i sure hope not. you know, as we went through the budget process earlier this year, we voted for this debt reduction plan, and people were saying everything had to be on the table. so defense stepped up and they have cut $465 billion out of defense over the next 10 years off of last year's request for defense. i just want people to understand that that is a very, very substantial cut. and we're working knew translate that into what it will

well, he has resigned, and to listen to the department of energy we're hearing from secretary steven chu, he's saying jonathan silver, the man who testified before congress about this controversy recently. he was already leaving, had been told in july before news broke of solyndra filing for bankruptcy that he would be going into the private sector. so you're hearing from sort of the executive branch this was already going to happen, but you're hearing from republicans who have been very critical of this program, they're sort of drawing some causality here. that's up for debate right now. meanwhile, president obama defended the decisions that were made by his administration for this half billion dollar loan yesterday during his news conference. here's what he said. >> now, we knew from the start that the loan guarantee program was going to entail some risk. there were going to be some companies that did not work out, solyndra was one of them, but the process by which the decision was made was on the merits. it was straightforward. >> reporter: and president obama has said previously that

angry republicans didn't mince words questioning whether there was an attempt to protect steven chu asdra deal. in a key february 2011 memo, the chief council offered what she believed was a justification. but there are two versions. one obtained by subpoena, which is a draft titled memorandum for the secretary. the other where secretary chu was removed. republicans played this up in a house subcommittee hearing. >> they felt it was necessary to erase his name out there and to try and hide the original january memo. i think those are important questions to ask because it looks like there's a cover up to protect dr. chu. >> ranking democrats accused republicans of trying to create a false scandal. >> i think these allegations are exactly the problem with this investigation. >> this is going to resemble a kangaroo court. >> the original folk of the hearing was whether the department of energy followed the law when it agreed to the longer restructuring, including a subordination clause that meant taxpayers would be paid after investors if solyndra filed for bankruptcy. republicans say tha

they fully intend to hear the department of energy's story including inviting energy secretary steven chu up to the hill to testify. it was clear today's hearing is shot the end of -- is not the end of this investigation. megyn? megyn: mike emanuel, thank you. that obama adviser was also reportedly instrumental in getting the troubled solar firm a major military contract. rockport capital has a seat on a pentagon panel that explores emerging technologies. rockport recommended solyndra to the navy along with several other companies when the navy requested new solar equipment. solyndra was eventually tapped for a pilot program with a $400,000 paycheck, but that deal fell apart when the navy learned that the company was nearing bankruptcy. >>> texas governor rick perry has now unveiled his new plan for creating jobs giving his first major policy address since entering the presidential race. mr. perry unveiling a proposal for creating a $1.2 -- for creating 1.2 million jobs focusing on american energy. >> my plan is based on this simple premise: make what americans buy, buy what americans mak

this panel says it wants to invite energy secretary steven chu to come up and testify regarding solyndrae is also another congressional panel, another committee, the house oversight and government reform committee and its chairman, darrell issa, they say they are now looking lg into solyndra. jenna: rich, thank you. gregg: for more on what this could mean for the president, paul gigot is the host of "the journal editorial report" right here on the fox news channel. always great to see you. >> likewise. gregg: so the lawyers are going to have to sort out whether or not it was a violation of the law to subordinate the loan, but the white house clearly was worried about it. the e-mails show that. this evidence is, perhaps, a growing problem for the administration. how much does this hurt the president be's re-election chances, if at all? >> well, i think it can hurt if it becomes a larger metaphor for the obama economic policy. you know, they promised all these green jobs, they use these loans to private interests, 40 billion, i think, in this energy department program, and they've got, wha

and the worth of energy secretary steven chu, having canada as a player or it is much more comfortingthan to have other countries collateral. thank you very much. [applause] >> will stevenson. >> director of pipeline for the united association. you heard a lot testimony today regarding energy, energy independence, our allies, training partners in the not so friendly to us. you're going to your numbers about jobs, some true, some are made up. you are going to hear about these products being exported. how horrible is that? and export from the united states with american jobs. that's just horrible. i am going to tell you the most important concern to us as economic impact. at a time of high national unemployment, some areas of the industry is nearly 40%. there's 13,000 jobs for construction. we can argue about water. we can argue about the area. we can argue about the dirt. [inaudible] >> can you please not react. >> i wish dr. skinner was still in here. i don't know if she is or not. the cornell study that was put together -- i don't know where they came up with their numbers. you can t

steven chu ruffner? please sit down.y're plenty of seats in the back in the fire marshal would appreciate people being seated. >> i am with the sierra club. i'm conservation -- and i'm an opposition of the keystone xl pipeline, not only because it violates positions, but because the proposal is against the economic interests of americans, specifically as consumers. the oil economists state that building the keystone xl pipeline would increase the fuel cost of u.s. farmers by $2.6 billion in 2013. including crease food costs throughout the u.s. because these costs are passed through to consumers. -- it would increase food costs throughout the u.s. because these costs are passed through to consumers. therefore the building of keystone xl will increase america's costs by $5 billion. the canadian tar sands oils are set to refineries in illinois and oklahoma. these refiner's play -- paid $15 per barrel less than the global rise because the tar sands is in oversupply. it benefits midwest farmers and consumers. the pipeline is

in the words of energy secretary steven chu back, have in canada as a supplier of the oil was much more comforting and than to have other countries supply or oil. thank you very much. [applause] >> bill stevenson. >> director of pipeline for the united association. you've heard a lot of testimony to date regarding energy, energy independence, our allies and our trading partners that are not so friendly to us. you and your numbers about jobs? some true and some are made up. you're going to hear about these products being exported. how horrible is that? and export from the united states with american jobs. it's just horrible. i'm going to tell you that most important concern to us is economic impact it is time with high national unemployment, some areas of the industry that's nearly 40%. i'm going to tell you there's 13,000 jobs for construction to be we can argue about water, we can argue about error and we did our due -- >> [inaudible] >> can you please not react? >> i wish dr. skinner was still in here. i don't know if she is or not. the cornell study that was put together -- i don't k