lou? lou: thank you. federal prosecutors today bringing criminal and civil charges against sac capital advisers accusing the hedge fund of a decade-long insider trading scheme. u.s. attorney saying billionaire stephen cohen's company has been a magnet for market cheaters. >> when so many people from a single hedge fund have engaged in insider trading, it is not a coiincidence. it is, instead, the predictable product of substantial and pervasive institutional failure. as alleged, sac trafficked inside information on a scale without any known precedent in the history of hedge funds. lou: eight sac employees have been found guilty or charged with insider trading, cohen is not facing criminal charges himself, but the move could end his career managing the money of other people, and the federal government now wants $10 billion for the alleged trading violations. for more now on the charges against sac, we're joined by fox business stocks editor liz macdonald. great to have you with us. this is a block buster s

lou: let's get to it. you think the gun control in this country is a demographic problem. >> partially. lou: what do you mean? >> well, you have a perfect description. liberals are always throwing his hat you. and statistics with what japan's engrams alike. these are very homogeneous societies. and they are saying that to gun rights supporters like me, thinking that we will be unable to speak the truth because we are not allowed to mention anything that has to do with race in this country. japanese have very little gun crime rate. japanese to come to america, even lower. apparently it is not america's composer. that has been a factor when back 20 years. if you compare white populations, we have a lower gun crime rate and belgian. so knock off the comparisons. i hate the tax. a crime culture. as for the mass killings in public places, that is a mental on this problem. lou: it is young, mentally ill, white men. >> not always. lou: i id not say always. 98 percent of the time. >> not really. lou: escobar reall

lou: we heard. enhanced interrogation techniques, now drones may be used to kill american citizens without due process on foreign sale, gets sort of a blip of a mention. >> you know, lou, we had obama come in say this is going to be the most transparent administration, only before john brennan is before senate we'll say now we release the memo on some of the reasons that we think we can kill americans to foreign soil, i brought by declaration of independence, which i carry with me. it seems -- >> it is well used. >> it is. it seems that obama administration is determined to chip away at the constitution. what do i mean? we have this second amendment. we're going to stop people from buying guns, they don't have a inherent right to protect themselves, and the 14thment in menth amendment taking away life, liberty without due process of law, we don't indict these people, there is no criteria that we have to establish that says we can kill them, we're take away lives without any concreteifing a of who th

lou: i understand. correct me if i'm wrong, but our resource offir is usually either retired or working law enforcement officer who is working part-time for health care benefits, the minimum salary. but providing that service to our public schools in the sake of the kids. >> yes. school resource officers were actually full-time resource officers. it's not a cheap program. lou: okay. >> my here is we cannot afford that for all schools. lou: when i go to a retired law enforcement officer and give him more her benefits, a smaller salary than otherwise, this would be something of a win for everyone, would it not? >> yes. that would be better than my proposal. i just don't think we will get that realistically in all schools. my proposal, let's train somebody, given intensive training so that the person who brings the gun on the school is a well-trained person to deal with emergencies. lou: let me ask you. at this juncture do you think how many of our private schools are serve by happened unworn a security fo

lou: just ignore reality. [laughter] >> we know as presidents before him he tries to get through unscathed to protect the legacy. lou: you cannot argue with that. that is that they intend to do. is anything motivating him? he is not exactly getting a reputation for being the hardest working president in american history. >> for sure. but it is human nature to avoid responsibility in to pass the buck he is just trying to get out it is not very responsible although it is human nature. lou: with the essence of in anthony wiener and eliot spitzer, they will seek the people to serve again. give us some insight into their minds and hearts because they obviously care about us a deeply. [laughter] >> people go where they are comfortable and in spite of the? scandal. lou: apparently in the weeder is more comfortable alone. >> but in the the political scene in the public by it is that surprising they go back where they're comfortable to get the attention that they crave. if they get reelected does that mean the scandal

. >> lou: good to have you. innovator and politico dynamo. a few words used to describe the founder and the leader of fox news. now a new biography, ronaler now and those arehy, ronaler my final four picks. now over to you charles???? sir charles' single miles card left him blacked out. he's coming to us from home. that's gotta be traveling. now instead of covering the final four, he's stuck covering fourth graders. brick! bobby is 1 for 36. mikey? he keeps taking these low-percentage shots. and julio? i don't know what julio's doing. next time get the capital one venture card and fly any airline any time. what'sn your wallet? can you get me mr. baldwin's autograph? get lost, kid. >> lou: roger ailes off camera a fascinating new book about the president of fox news and our boss here. a man president obama once called the most powerful man in america. we agree with president obama on this. uncharacteristically. joining me now author. great to have you here. >> good to be here. >> lou: congratulations on the book.

i'm lou dobbs. ♪ lou: good evening, everybody. obviously weary, tired president earlier today delivered ateast six different numbers of how many americans have successfully enrolled in obamacare. and mr. obama did it within the span of only one hour. president obama delivering his year and news conference to the white house press corps end of his annual christmas vacation in hawaii. and on one point he even contradicted himself on the numbers in the same sentence. take a listen. >> more than half a million american several through health care and the first three weeks of december quantify since october 1st more than 1 million americans have selected new health-insurance plans to the federal and state marketplaces. so all told, millions of americans, despite the problems of theebsite, are now poised to be covered by quality, affordable health insurance come here stake. i now have a couple of million people, maybe more who even have health care on january 1st. and that is a big deal. we have got several million people were going to

i am lou dobbs. ♪ lou: good evening, everybody. the obama administration finally admitting that the president was wrong to claim that americans could keep their health care insurance if they so as to define obamacare. there admission comes as the white house is faced with evidence that hundreds of thousands of americans, perhaps millions will be receiving cancellation notices for their current insurance for not meeting obamacare requirements. first it was the president's former top adviser david axelrod to admitted not everyone will be able to keep their current insurance because of obamacare. then the president's spokesman, jay carney, acknowledged what he refused to admit for years. fox news chief white house correspondent ed henry asked the question that produced the carney admission. that is at the white house tonight with our report. >> after years of president obama palin if you already have health insurance you did your plan no matter what. spokesman jay carney ignores that promises not being kept. >> the dummy the matter of

lou? lou: thank you very much. joining us now, the a-team, author of "what the bleep just haened," judy miller, michael goodwin, and all three fox news contributors. good to have you with us. monica, start with, first, ed henry reported, president, aggressively progressive. if that's the word to use, a strong leftist tone throughout. >> yes, no big surprise. if anybody were under the illusion somehow the president was a secret moderate or wanted to reach across the aisle, work across the party, concerned about legacy building bridges to the opposition, it should have been disabused of 24 notion as of the speech. it was a heartless speech. no mystery about who barack obama is, what he believes, what he has done with the nation over the last four years, and what he intends to do over the next four. lou: your take? >> well, surely, monica, you cannot be surprised by who barack obama is. he has doubled down on the you didn't build this theme. that is we all built this collectively we are great. if we're note taking any

lou: katie. if the senate does pass a gun-control bill he expects to send it to the house judiciary for an open hearing. joining as now, congressman randy forbes of virginia, a member of the house judiciary committee, a member of the armed services committee, and congressman, good to have you with us. what you, if i may, to turn to what we just received word on how this just and then i would like to get your reaction. congressman doug lamb board of colorado inadvertently reveal classified information today that the defense intelligence agency now believes with three is capable of delivering a nuclear weapon on a ballistic missile. that memo had been classified. the congressman was not responsible. someone at the pentagon mistakenly marked as unclassified. importantly here tonight what is your reaction to this revelation from the defense intelligence agency? >> well, as you know, i chaired the subcommittee for the armed services committee, so i have access to that classified information and i cann

lou: your view on this? counterinsurgency, counter-terrorism, you know, frankly, i know i am being simplistic year and routed squarely in the way of simplistic outlook. the fact of the matter is, as an american, i am not interested in counter-terrorism, counterinsurgency. i am only interested in our interest and getting the hell out of the country as soon as we possibly can without harm to as many of our troops as possible and maximum damage to the enemy. am i so old-fashioned in my outlook? >> well, that is what most americans want to see. they do not want to see our forces forever and not winning a war or not coming back victorious. that is the basic that unites most americans. the problem has been, our military would win, they won the surge in afghanistan and many other places. the policies that come after to manage that victory are usually the failures and sometimes disasters. in afghanistan we won on the ground and now we will be negotiating with the taliban and instead of in powering the afghani civil

lou: i uerstand. jedediah your thought. >> barack obama, i thought saw a beautiful clip of barack obama in 2005, speaking out against the nuclear option, it is amazing i find myself split between the barack obama of today, and barack obama of the past, talking about how minority party has to have a voice, now he says, you are obstructionists i can not get done what i want done with you. >> jedediah, you fall in love with a man, he treats you bad, you have to break up with him. lou: with tha analysis, we'll -- fred. help us out. as jedediah said, president obama as senator, said it was about protecting free and democratic debate preserving the philadelphia. joe bin said, a single most important vote he casts in his more than 30 yea in the senate when he votedded against the ideas. >> one of the biggest offender harry reid, he wrote about how important the filibuster was in his oddo biography, put up -- auto by brief, haubiography, hea hypocrite. harry reid knows that the subject will be obamaca for mon

lou: thank you. it is of course no accident the pentagon chose today to focus on the specter of dramatic cuts through defense spending. the pentagon announcing it is scaling back the navy persia gulf residents from two groups to one. jennifer griffin has the latest for us now from the pentagon. >> good evening. this is the first concrete find the budget uncertainty is going to have a real impact on national security at a time when tensions are high with iran over the nuclear program u.s. has had a policy of having aircraft carriers in the gulf for the past two years. they will replace the u.s. senate. facing budget uncertainty including increasing resolution and a looming potential for across-the-board sequestration cuts u.s. navy made this request to the secretary and he approved the navy to reverse the deployment orders of the uss truman at the last moment. lou: what does this mean f the families on the truman? >> it wreaks havoc on their lives. some have left their least dropped. supposed to leave

lou: right. senator, let me ask you, last night's state of the union address, i would be remiss nod to ask you about the president's reference to climate change, giving the congress a climate change ultimatum, vowing to act without congress if necessary. senator, you're the author well-known and long time critic of the epa, this administration's climate my loss federal minimum, if you will, your book "the greatest hoax: a global warming security threatens our future." >> read that over again, it's pertinent today. lou: i'll do better that that. what's your reaction to the ultimatum, and i'll do the refresher read a few days later. >> okay. the reason he worded it the way he did is they have tried every since they refused to bring in kioto back in the clinton administration for ratification. keep in mind, he and gore didn't bring it up because they didn't have the votes. lou: right. >> since then, there's been efforts to pass cap-and-trade regulations between $300 billion and $400 billion a year,

..@ lou. thank you very much. and on wall street today, despite all of the talk emanating from the president and the white house. d an effor to talk the market down to provide support in the negotiations, the markets instead liked what they heard. although there was light tding on thi columbus day, and bond market closed. dow jones gained 64. s&p up 7, nazdaq up 23. th politics of government shut do, having an impact on a wide range of potential presintial candidates for 2016. setor ted cruz, standout in that group, winning value voters presidential straw poll over the weekend. others, like senator marco rubio just wel fading into the background a bit. all the whi, strong crop of g.o.p. governors are angling to take advantage of washington disfunction. fox news chief political corresponden carl cameron has our report. >> reporter: texas u.s. senator cruz joins sarah palin in national mall this weekend,o rip president obama and democrats for closing veteran memorialing as part of the shut do of

lou. lou: thank you very mch. i mean, this is quite something. 17,000 miles is close, but as we look up, as you put it, i mean, i am very relieved to hear that these things only strike about once every 12,000 years. let's open air in the window. >> let's hope. they say something similar to this, at least a close flyby every 40 years, but there's really no exact date on that. so that two in every four years could actually happen within weeks. you saw what happened in russia. lou: thank you very much. reporting for us live. quite an event. nasa researchers have identified just 9600 near earth * today, 9600. but that is about a little under 1 percent of the million asteroids that we believe our nearest. for more on this latest as terrell flyby and the russian fireball, and joined by dr. amelie right car research assistant and astrophysics with the american museum of natural history. britain have year. this was an exciting day, a more exciting than a of us, i think , bargained for and certainly the russians. my goodne

lou: good evening, everybody. president obama will sign a directive that will execute the long dreaded but arrived sequester. president obama in the democratic party engaging in misrepresentation about the spending cuts for weeks. the obama administration has carried out a campaign of fear and blame it couldn't possibly be matched by the consequences of $44 billion in cuts to what is a $3.8 billion budget. all of that is now at an end and it appears so are the days of republican confusion and how to deal with president obama and his politics of fear and urgent demands. the days of obama drama appear to be at an end. how speaker john boehner and mitch mcconnell seem to have finally figured out things. the republican leaders unveiled a new perspective on how to deal with a divided capital and are now insisting that those emergency negotiations with the president on crucial issues and public policy choices we longer be negotiated in private meetings between the president and the republican leaders. instead, they are

lou: i am lou dobbs. the president and his negatiie appral rating. we will have that next. ♪ ♪ hello, everyone. a new poll shows thepresident's job approval at this 42%. in the health care is a principal fator. new numbers show the administration is nhere near hitting their ambitious trget of enrolling 7 million americans through the obamacare website. just uder 365 people have signed up for obare in the first two months. and at less than a third of the 1.2 million people that officials have projected to enroll nationwide by the end of last month. kathleen sebelius appeared for on a second time since the debut of the obamare website in october. she testified and came prepared. calling for an investigation of herself, her very own website. and spker boehner blasted conservative critics announc by senator muray and congressman paul ryan. joining us now is member of the houston public an leership. congressman bob good law, the chairman of the house judiciary committee. it's great he you with us, mr. chairman. >> always great to be with you in your v

lou: way to. we know just about everybodytha is almost ubiquitous but there is a very narrow and small numberer there being the investigated by the government they are not analogous by size or scale or incident. we could talk. , back and we will continue the conversation. i think it is a fascinating perspective. we appreciate you sharing your insights. up next the bernanke rallied the eed of cogitative easing? the obama economy steve "forbes" shares her is perspective on though wall street summer of in four years.t the sooner the lou: and the sooner the fed faces out the bond buying the better for all of us as my next guest. it is hurting the country more than it has helped we have editor in chief steve "forbes". good to be with you. lou: it appears to be at an end this sort of rates are moving higher so that will be problematic. your thoughts on the timing of all of this from the fed chairman? >> three years is better late than never but what he has done it differently make it easy for theier gov

lou: or himself? >> in his and chat by mind it was an amazing press conference, e opposite of the no drama obama it is without off protest too much. lou: i believe it is a profound moment and turning point* to say note to obamacare, as a political strategy with the urgent demand, the clock running out, a regular order in congress throughout. thoughts? >> this is a situation he created that it would be so disturbing nobody would take him up on it but now they are he doesn't want anyone to know he created it. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before i

they want to stay away, lou. from the 14th amendment, which is the proposition being pushed by the lawyers for gay people and, it says, you know, they are american citizens and have constitutional rights and those rights should be protected equally with every other person, who has had constitutional rights. and that means they would be allowed to marry. >> and i agree with juan, because think they are being very narrow on the decision and the quote that stood out for me was kennedy's today, normally seen as the make or break vote and shannon talked about it in her package, and he is leaning to throwing it back to the states and what that would mean, is the state court decision would stand and prop 8 would be out. only in applying to california, though. very narrow, just applying to that one ste. >> apping to that one state, we'll waitand see. another day of arguments, obviously, tomorrow. we'll get further guidance, doma being taken up, as well. so, most of the same arguments, attend there. i want to turn to the

lou: gd for you. almost always obligatory with an editor. >> i don't have a good editor i guess with all due respect. i have, look, outrage is great. i don't know if it exists anymore. people have been rightfully outraged. lou: this is a wonderful book to acquaint you what you should be outraged about. >> it is fun too. lou: and it is fun. definitely. "this town." we recommend you buy it straight away. loudobbs.com for links. >>> up next, president obama continues to define reason. refusing to call egypt a coup. that's fine. it was overthrow. that real scandals are phony. he is saying that. does he really think that? two leading experts psychoanalyze the obama white house. one fellow in particular next. one fellow in particular next. the pursuit of a better tomorrow is something we all share. but who can help you find your own th? who can build you a plan, not just a pie chart? who can help keep your investments on course, whatever lies ahead? th someone is a morgan stanley financial advisor. and we'r

lou: friday? >> friday afternoon in santa ana. lou: we will be there. last time the folks were squeezed out of the deal may be will be different because of their effort. great to see you. >> watch the house. >> a threat tore the entire world a super above that knows no unknown origin or cure it kills the alarmingper rate.ith dr. siegel has a chilling detailn of the coronavirus. lou: turning to a new threat>>> that has to be a joke onea high alert confirmed five more cases of middle eastfive respiratory syndrome. the coronavirus according to the wa joe the t2 like viruses a threat to the entire world. 27 cases have resulted in 49 deaths. joining us to give us aes perspective and understanding of the dead the virus we have dr. siegel. i have to say i have never heard of a virus that has been better if they and a 50% death rate. this is stunning. what is happening? >> let me walk you thru this we need to take thisinly seriously any time a new virus emerges in redondo would it will be. the initial virus does have a high def rate but here is the problem but

lou. lou: carl thank you. >> be sure to join us for a "lou dobbs tonight" special report, we'll be live at 10:00 eastern tomorrow evening, final results, president obama tonight joining liberal proponents of health care speaking at a rally of supporters in his reelect campaign, and so-called working dinner with top donors of obama army, organizing for action, starting tomorrow president, desperate to change the subject again from the obamacare disaster, hits the road, trying to create a blinding pivot from the disaster to all sorts of what he hopes will be mood altering or consciousness numbing subjects with a call for immigration regarment, and a healthy scare -- reform, in health care speech in texas, and talking about the economy on friday. in case anyone thought we were falling for that pivot thing, issue is, and remains obamacare. and the administration's ina bum to manage it or seemingly much of anything else, the know-nothing administration claims ignorance on the technology problem

lou: which part? >> the issue of commanding officers being in charge of criminal cases does not need to be in place. in other words, in a civilian system we've got the most qualified people determining what cases go forward to trial, and those are attorneys and judges, right? lou: i hate to do this, worst people involved in this justice department. the cases take forever. i'm a great respecter of good military order. it's served the nation very well. i also understand the problem when we have a commander just throw a court-martial decision aside -- right. lou: it's outrageous. >> can the civilian criminal justice system is far from perfect, don't get me wrong. lou: good. >> the military is even further behind because we don't ve lawyers and judges in charge of this process, and victims continue to tell us every single day there's bias in the system. we found 26,000 service members say they'd been sexually assaulted last year. that's according to the department of defense -- lou: those are projections.

lou? lou: thank you very much. fox news, chief congressional correspondent, and this is the memorandum, that is, contradicting the irs saying point-blank the inspector general says they want it all fix, and there's no suggestion whatsoever that the problem has been resolved. well, turning to the benghazi scandal that continues to plague the obama administration, of course, the "washington post" fact checker awarding four pinocchios to the president for calling benghazi an act of terrorism a day after the attack. joining us, former u.s. ambassador to the united nations, fox news contributor, john bolten. it's like screaming "liar, liar," at least if you're the "washington post," your thoughts? >> it's a stunning conclusion by the fact checker, a good reporter. that press conference yesterday in a number of respects and benghazi was something i never saw before. you know, in connection with the talking points, either obama was briefed on this mountain of statements that he and others made after september the 11th, or

lou: stop. you have to focus as well on the reality before you, a guy who is not talking about firing kathleen sebelius, not talking about the technical issues. that is long since done. i am talking about the model itself. we're talking about another part of the problem. higher deductibles for people who desperately have the money to pay them and higher premiums that are resulting from a program that was supposed to make this -- i think the name is affordable care, right? >> yes. there are huge problems. this past week it has been the worst of all. even worse than the first week for obamacare. we come down to a situation where probably more people are losing their health insurance, signing up for health insurance under obamacare. the president's credibility has been shattered. he said over and over again that before obamacare was enacted and afterwards that nobody would lose their health insurance if they liked it. now it turns out that they -- the only thing that matters is whether president ob

jep, god to have you with us. >> good to be here, lou. >> lou: admiral locklear there went on to say more. if i may for the audience's benefit, let's hear if you will the rest of what -- well, i'm told we don't have the rest of the sound. we'll be satisfied with what we have. he goes on to say he would not launch that missile or intercept that missile if it weren't clear that it was being launched against one of our allies or clear it was launched against our interest, as he put it. do you agree with the admiral? >> i agree that we should only shoot the missile -- we should only defend ourselves and shoot the missile down if it was targeted on something. but if there was any doubt about it, i certainly would shooit. let's face it. we have to be careful here. at the sametime, demonstrate resolve to our alies in the region. everybody is concerned about a miscalculation. anything that would escalate the activities and force kim jong un to take another provocative step is something we don't want to do. >> the rhetor, everyone i has spoken with, sys the level of rhetoric of the context fa

lou: my gosh. i mean, robert zimmerman has invalidated the entire matter. >> well, i can say that my colleague here in the washington bureau of fox news have done some really good reporting. james rose in and a lot of folks put their shoulders on this. lou: you are the people? what are the reports? come forward. we would have them. i'm sorry. to you mind? i mean, you're bringing such harsh material. it is so new. it is a breakthrough year. your thoughts? >> fiber six months after the incident took place, five congressional hearings. it does not mean that they cannot hold hearings. the democrats are always welcome. they did a lot a fact finding. i don't think the president and his team watch fox. they miss a lot of what is going on. i'm not shock. >> may i submit that the first question of the day went tod henry who works for the fox news channel. there was no way, there is no way that jay carney should have let the president go out there planning to aak the first question to ed, not saying to the p

lou: good evening. egypt is an estate of cut -- chaos after the ouster of the president from the military is a coup by any reasonable understanding by any definition unless he were president of the united states are happened to work for him. the obama white house refuses to call his ouster a coup led by the military group clashed violently with pporters in hundreds injured in more than 50 killed but listen to the president's press secretary trying to have a common understanding and logic of what is happening in egypt. >> president obama and made clear cowardice -- concern of the decision to remove president morsi you from power in suspend the constitution it is also important to a knowledge egyptians do have grievances with the president more sees undemocratic governments in they were demanding a new government. lou: said koo is defined as a satin and illegal seizure of power from the government so does the president really wants his press secretary to reiterate the administration did can recognize any

lou: wait a minute. you're always bragging about the fact that we are exporting more petroleum products than we ever had, bragging about the fact that we can be energy independence by 2020. we can balance our imports with our domestic production. the next two or three years. so where are the lower prices? we will be the benefit to the consumer? >> the benefit to the consumer is right now coal produces about as much electricity in this country as does shale gas. shale gas is much cheaper. so one of the reasons that there has not been a shock and one of the reasons why the 1% withholding increase has not destroyed consumers is that the shale gas that has been bringing down electric. it. lou: is starting to see some trade-off. gasoline is down $0.11 per gallon of the last month alone which will start to have, if it continues, real impact. give us your judgment. paying attention with such perfect pitch. >> a lot of people got short. have not yet covered. with cypress is two tenths of 1% even if it goes down

lou: for what? >> because the guy that ran the international wrestling federation he didn't take the process seriously enough. he was arrogant. didn't give them the respect they deserve. now, remember, every other sport, they show up there hat and hand, do whatever they can. they hire consultants to pitch the sports. wrestling fell gown on that side. now, is it worth throeing out the sport? absolutely not. lou: are you going to fix it? you and pudin? there's a meeting in russia, and he wants the meeting. >> may 15th, here in grand central station, the ironnian national team, russian national team, and ammrican national team in vanderbilt hall as a wrestling match as a symbolic show to raise money for the youth program in new york city and allo say, hey, if we get together at iran, russia, and the u.s., this is a cool sport. lou: very cool sport. we're glad you're on the right side. get it back a, will you? >> thank you, lou. lou: thanks for being here. the wrongful death trial of jackson begins. you

lou: to from? and other billionaire. >> all the city -- lou: tell us, why in the world is the national news media and the local media in new york city, this is a cosmopolitan city, the most sophisticated. it is amazing. and acting like the most provincial place of the earth in which to permit the selling of a public office like the mayor's office. >> at sigalert of new yorkers who love we have a good gun control laws in the state and feel fairly safe. i don't know if this is an issue >> it's very different than it is. lou: local community. >> people feel safe here. >> they voted your friend as the greatest where the city ever had and he cracked down on guns big time. lou: here when you and i were talking with him. >> correct. lou: he went after crux. >> and he went after the bad guys. and it also -- this is an assault. you know what, this is an assault by this marian this little town on a great and vast nation in which she is trying to buy the constitution. let's not get it. by the way, this isn't

and lou dobbs. ♪ lou: good evening. the controversial paul ryan-patty murray budget has cleared its first big hurdle passing a house of representatives moments ago by a vote of 332-94. 1603 democrats joined with 169 republicans to pass the bill that has caused some consternation with conservatives in congress and the political action groups to support them. house speaker when out of his way today to an jabbed conservative groups before the vote was a second day in a row. here he is taking shots. >> i came here to cut the size of government. at exactly what this bill ds. white conservativ will not vote for this is beyond any recognition i can come up with. when groups come out and criticize an agreement that they have never seen you begin t wonder just how credible those actions are. lou: his counterpart in the nate, minority leader, one of many republicans in the upper chamber who have already been to the bill and announced intentions to vote against it. center mark rodeo, one of the first republicans to criticize. comm

lou: i'm cheery. i'm perfectly frustrated at the incompetence ability of the actions being taken by both republican and democratic paies. millions of americans are by the way right beside me in that confusion and frustration. i'm going to ask yo awake through the commercial break because were coming up against the so-called hard break. you're a great american. >> anything for you. lou: let's talk about that $4 trillion. stocks soaring. we will talk with mood's chief economist to tell us about rational and the irrational markets and we will talk with the texas school district superintendent whose teachers are armed and ready to protect. lou: well, here is the stunning development. you may find fascinating. breaking news on current tv. we have just learned through the "wall street journal" that out to zero, the international news organization, has bought the financially beleaguered current tv in part by former vice president al gore. agai the arabic -- the arab language news organizations, television ne

lou: we're back with lou, john and ted. gentlemen, let me -- while you're looking at the futures right now, you can see a little bit of a bounce which is in order after the dramatic selloff of the day. and that may be reassure to go -- reassuring to some and unsettling to others. john, what are your expectations, particularly in the equities market and the bond market? >> i think there's no overlooking the important fact, the major driver behind this latest rally in equities has been the expectation of low interest rates. in this latest dive by commodity prices reinforces a low level of inflatioexpectations that ought to lengthen the day by extraordinarily low interest rates. all we need to do is simply grow profits and if that's the case, then we could see further climbs by share prices. i would be worried, on the other hand, if profitability began to contract. lou: do you expect as a result of today's bombing that there will be any holdover, hangov as a result? >> you know, off hand, i don't think -- lou: i know we're all

. >> lou: hello, everybody, and welcome to lou dobbs tonight. north korea ratcheting up almost an daily string of threats against the united states and south korea. leader kim jong un hinged, as we call him here, vowing to expand its nuclear arsenal and giving final approval to launch military strikes, nuclear strikes agait the united states and the pentagon taking no chances, deploying a missile defense system to guam, strengthening the region against a possible attack. the defense secretary, chuck hagel, warning it takes only one mistake to have a disaster on our hands. >> it only takes being wrong once, and i don't want to be the secretary of defense who was wrong once, so we will continue to take these threats seriously. i hope the north will ratchet this very dangerous rhetoric down. there is a pathway that's responsible for the north to get on a path to peace working with their neighbors. >> lou: in addition to the missile shield deployment to guam, the united states is dispatching bombers, stealth fighters and ships to the korean peninsul

lou: the. lou: today when we look at the middle east, and impacted a, you still believe is significant. >> we overthrew the government and that was the first project of the dulles brothers in 1953 and he thought i would not have an effect and we had 25 years of this rule, and absolutely we are in the 60th anniversary. lou: that's right, a civil war, guatemala, saqqara, all of this can be traced back some fascinating figures back in the 50s. >> and it is traced brilliantly. stephen kent, good to have you with us. thank you for being with us. we want have a great night and we will see you tomorrow my mantra? always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, thonly underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especiallthose whoare ot and children should avoid contact where axiron is applied

lou: to assure that what? >> the egyptian military is not unhappy with the united states. >> make sure they are not unhappy. >> all of your back -- double negatives. and try to figure out why we give a damn. >> because the only group that we have any influence over an aged, and we can use it to our advantage. this is not about democracy. lou: how is this working so far, folks? >> it could be. lou: bout to your superior knowledge and perspective on international relations. >> the white house. lou: i cannot for the life of me understand why we're doing right now with the nation of israel, how we're representing u.s. interests in the region,. >> overall our policy is deteriorating rapidly. lou: i should not have last year to top that. >> israel is in grave peril, and that is why we ought to try and influence the one station that is moderately stable. >> i have learned. i -- >> we will be back tomorrow night. >> if you don't like this one until you see what is going on in syria. lou: before i go to syria where the

lou: hank. is this, as heather mcdonald said, all kabuki theater, political theater, the leaking of the president's position on