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tv   Happening Now  FOX News  August 18, 2011 8:00am-10:00am PDT

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unemployment in the latest reading, more than expected. jenna: 408,000, in fact, according to the labor department. it's just one factor as you mentioned, rick, in many affecting the markets. rick: here to help us understand is dennis neil. >> fear is back at work in the markets today. the dow, down right now, 437 points, well below that 11,000 mark, new york stock exchange anticipating this selloff this morning, lifted a rule known as rule 48 that otherwise requires brokers to publish prices ahead of time or something like that to allow them to get to the trading. it accelerated with that jobs report and inflation running higher in july, half a percentage point higher than in june which makes us worry about inflation. understand that in june, prices fell from may and so in june, we were worried about deflation, right? so that's the point, is right now, we are worried about anything and everything. u.s. debt and decifit, a rerun of the great recession, european default risk, a china slowdown, these are really long term
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problems. they don't have to create this panic rippling through the markets today, but they have, and as a bond broker told me moments ago, can we all just please calm down? and remember, rick, that the old saying, markets climb walls of worry, and someone is making money today. gold is up $32 an ounce, last time i checked, 1826, the vix, the shall peer index that goes up when volatility breaks out, it's up 30 percent today to $40 a share, and the 10-year treasury notes are down below 2 percent, and that means that the yields go even lower to 1.6%, sometime in the next year, one guy told me it means you've got a 4 percent gain on this thing while it's paying interest until year-end so even thoughs fear runs rampant on the market, down 444, some people are making money on that very thing. rick: always. always. last week we saw a big drop that was followed by big gains. could this be a repeat of
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the up and down stuff? >> the great thing about last week is we did not see big institutions, fidelity, things like that, selling off, they were starting to buy on the dips because they thought stocks were cheap but today a lot of the commentary is going around saying there aren't buyers and that's one reason we opened so steep right away. we'll see if someone kind of builds the moxy to get back in there and see if they can bring things back up. rick: dennis neil, thanks. jenna: one of the things that dennis said, anything and everything is causing fear in the markets. for more, we're joined by steve moore of the "wall street journal," joining us by phone. steve, there's been a lot said about the health of banks, particularly in europe, -- in europe, and that is involved with what's happening in the markets now. what can you tell us about that? >> i'm getting motion sickness with this stock market over the last week! i was one of those people that has talked about last week that bought on a dip so i'm not feeling so good about things today, but you know, i think one of the major triggers for the selloff today was the
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european banks, this crisis of debt in europe is not subsiding, there's a real concern now that germany may have to come in and essentially bail out the european central bank. so there is real panic with respect to the banks in europe, and what's happening, jenna, if you look at the market today, what's really getting creamed is american banks, as this kind of contagion and virus seems to be spreading to these shores. jenna: and so what is the takeaway for us, steve? because you look back in 2008, i mean, we were seeing a lot of concern about banks, people were worried about where to put their money. are we back at this point, is this where we're headed, is this the first indication of that? >> i do think the economy is still sort of fundamentally okay, and i think we're not going to see a double-dip recession, i think i told you that on the show last week, we're going to see 1- 1-2 percent growth, which is subpar, but i don't think the economy is going to plunge into a recession. but i think there's also a political component to what's going on right now.
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i mean, barack obama simply is not inspiring confidence. it's almost every time he opens his mouth and talks about the economy, the dow jones continues to fall. jenna: but one person, though, steve, to be fair, can't cause this type of reaction. >> well, but you know what? let's look at one thing he said yesterday, that he wants an $800 billion tax increase. that's bearish for the market. i just think that these polices one after the other are having a negative effect and by the way, dennis mentioned other negative things that happened as well. we saw an increase in the uninsurance claims, that was negative, we saw a drop in the housing numbers as well. it's just not a very attractive market out there now. jenna: so what's next? >> you know, i think it's time to be cautious. as dennis mentioned, the one thing that's been a great, great investment over the last few months has been the gold price, so i still think gold, you know, is probably headed to 2000, and gold is not a bad buy right now. but i will say this, i do think we are going to avoid
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a double-dip recession, because notice, the other piece of good news is that the price of oil has fallen, and so as oil falls, that means gasoline prices are going to fall, it will mean maybe relief at the pump in the coming months. jenna: that's an interesting point to raise and you raise the point about gold as well. some traders told me you can actually buy pure gold jewelry and that also counts as a gold investment, right? >> yes, and silver is doing well, too. jenna: just had to throw that in there! steve, i know you're going to be back with us in about 40 minutes. we're going to talk about something else that the president said yesterday about that the -- fixing the united states economy will only take a few minor adjustments, it's not going to take a huge restructuring, which is something an economist told us on the show yesterday. we're going to dive deeper into that in about 40 minutes. >> see you soon. take care. rick: and another fox news alert. president obama, calling on the leader of syria to step
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down, now, saying bashar al assad has imprisoned and tortured and slaughtered his own people, the president imposing the strongest sanctions yet on syria as its leader unleashes more firepower in his crack down on prodemocracy demonstrators. jenna: secretary of state hillary clinton speaking out in just the last hour. >> his executive order immediately freezes all assets of the government of syria that are subject to american jurisdiction and prohibits american citizens from engaging in any transaction with the government of syria or investing in that country. >> for or we're joined by aaron miller, former adviser to six secretary of states, author of the much too much promise land, and aaron, this has been happening since march, this type of violence in the country of syria. why now? why not iso why now is the administration calling for president assad to step down? >> i think the administration reached a point where they essentially
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believe in making a point, a moral point, frankly, in conjunction with our allies is as important now as making a difference. this statement is not going to accelerate or hasten the fall of assad, but we had a major contradiction in our policy. for four-months qaddafi willfully killed his own people, we made a call for -- there was a glaring contradiction in our policy which the administration has finally reconciled. so i think it's late, but you know the old saying, better late than not at all, and i think this will, in fact, help, but theods are unclear how long it's going to take to run south. jenna: the united states calls on the president to step down, what happens if he doesn't, what do we do next, do we have a next? >> that's the point, isn't it? i mean, nato intervention is out of the question. you're talking about a serious country with a
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serious air defense system, and the last thing we need frankly is another foreign war. look at the dow this morning. the last thing we need is another deployment of american forces abroad. no, this is a longer moving -- we're talking sanctions, international pressure, support for the opposition, where we can provide it. this is not libya, they don't have a control over a dris concrete piece -- discreet piece of territory, we can't send military forces and shouldn't. it's a long movie, but this morning's step, late as it was, had to be taken. general jen let's talk about two key countries in the area. one, our ally, israel, one, our enemy, iran. we've seen a variety of different dynamics and relationships between obviously all of these countries. what does this mean for either? what does this mean for israel, is israel in a greater position of vulnerability now with the united states issuing such strong words on syria, and what does iran do to try to maybe offer support to syria, what kind of dynamics are we watching here? >> it's a great question.
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i think in terms of iran, this is no question a major defeat. the stability of the outside regime is important to the iranian, it's their window into lebanon, it's their window into hamas, this has an 30-year strategic relationship between the syrians and the iranians. in the end it's going to come unglued, so this in the end will weaken the iranians. as far as the israelis are concerned, the bloom is off the rose on the assad family for quite some time. there has been this notion that syria is too big to fail a. potential partner in peace. all that has never proven, they've simply never delivered. what they've done is facilitate the passage of insurgents into iraq, they've dominated lebanon, they've support -- supported hezbollah and hamas, we've gotten little out of syrians and so has israel, and what everybody is worried about is a syria that collapses and fragments and as we've seen in the arab world, revolutions are possible, military coups, but by in
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large, the countries more or less hang together. so i suspect that in the end when all this is done, we're going to end up with a better situation in syria than the one we've had for the last four decades. jn jn better situation, but it also seems that you are describing what could be immense conflicts to come. are we seeing the precursor to potentially another big war in the middle east that we're going to have to get involved in? >> i don't think so. i think the israelis will be very constrained and very cautious here, the golan disengagement agreement, which has been the quietest space in the middle east since kissinger negotiated it in june 1994 is going to continue to pertain to whoever rules syria and whoever rules in the future, assuming there is a central authority, has no stake in a major war with the israelis. no, i don't think the problem is a quick and dramatic crisis, the problem is a slow burn and the slow bleed, chronic instability, the arab spring turning to the arab winner and the space available to the
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united states over the course of the next five years is going to shrink in this region. arab spring or not, this region is still dysfunctional, angry, broken, and it is from this region, still, that the primary threat to american interests will come. jenna: you give us a lot to think about, darren. we appreciate your perspective and insight. look forward to having you back on. thank you. >> my pleasure. rick: you heard what aaron miller thinks. what do you think about syria and what we're doing there now? is it too little, too late? as this -- this is a new you sky question and we want you to weigh in, go online, and let us know whether you think that yes, it is too little, too late or no. we will have some of those results later on in the show. jenna: we'll be covering all of these dowsms overseas. in the meantime, the president heads for r & r in martha's vineyard today. he now faces his lowest ever approval rating on the economy according to gallup. what will it mean when he proposes his jobs package next month? and it's a year ahead of the
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election, rick. how big a deal are polls like that? >> rick: also rick perry in new hampshire, the first state to hold a primary, and with the newly minted candidate, can he compete with mitt romney who has already spent a lot of time in that state? we'll talk about it. jenna: new information on the suicide of housewives the suicide of housewives husband rick armstrong, the latest in that case, next. geri
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jenna: "happening now", the president's approval rating on the economy is at an all-time low, just 26 percent approve of the president's handling of the economy. that's down 11 percentage points since mid mayful one thing we want to show you today not necessarily connected to this poll but done in the past, what we see is the dow is down, stocks trading at 468 points, just on the dow, and the broader markets are lower. toy hurt is a columnist for the washington times. if we look at the presidency, his first year in office, we were losing 600,000 jobs or 600,000
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americans were filing for unemployment every single week, now we're around 400,000. why such low approval ratings now when there are parts of the economy that have actually improved? >> yeah, i think that, you know, when things level off, obviously that is helpful to the president, but when they level off at a condition that is as bad as what we're going through right now, that's no help at all. i think his entire future is dependent upon the economy, and i don't know that there's a whole lot more that he has left, that he can do to change all that. but if the economy remains as stagnant as it is now, especially with the high unemployment and the gallup poll recently out i think yesterday showed that the unemployment appears to be ticking up, continuing to tick up a little bit, you know, that's just really bad news, and it means that his natural supporters are not going to show up at the polls to him -- for him and
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it's going to give huge momentum to whoever the republican nominee is, assuming it's not just sort of a nonstarter. jenna: here we are, more than a year away from the election, though, and we still don't actually know who the republican nominee for president is going to be. we're going to have to wait a couple of month phos that. give us some perspective, some say an approval rating like this for the president is really truly a red flag, but again, some context, this far ahead of an election time, how much of a red flag is it? >> well, i think it is a very stark red flag, because you know, i think if you go back, you will not find in modern times a president with this kind of economic bad news, and like you point to now, jenna, the bad news just keeps rolling in. a 500-point drop in the dow in one day, or 468, whatever it is at this point, i mean, that is terrible, terrible, terrifying news. jen jeand it's something, charlie, that again, getting
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back to where we were with steve moore, it's something that a single policy judgment by the president or even a speech by the president can't change. there are so many different factors in that. >> absolutely. and especially in a situation like this, where you had two years -- president obama has tried a lot of different tricks. he's tried a lot of the tools in his bag. and this was -- oddly, this is where a problem of his has been, what a lofty speaker he is, what a silver tong he is. -- silver tongue he is. because he has tried so much and because he has promised so much and sort of painted this rosy picture of the future for us, at some point, people, they get -- they lose faith in what it is he's saying. jenna: what should he do, though? at a certain point when you're down in the dutch, you want someone to come up as a leader and say things will be okay, follow me. isn't that the role of the president, to be presidential? >> absolutely, with you about -- but with that has to be the sort of polices
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that go in the right direction, and take the economy in the right direction, and clearly, spending, you know, 2 trillion more dollars when we were getting killed on the other side for the massive debt, that was not -- and none of which spurred the economy, you know, that apparently was not the right path to take. jenna: what have you heard about what the president is going to be talking about come september, about his new plan for the economy, what's the buzz in d.c. as far as anything new that's going to surface in what appears to be his next big public statement on the economy? >> all indications -- and this is very strange, jenna, but all indications are that he's going to talk about spurring the economy by more spending. and that is -- and higher taxes. and that has so clearly been what he has tried again and again thus far and it hasn't worked, and i don't think more of the same is going to change anything, really. gen jen we'll await that
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speech come september. in the meantime the dow trading lower by i think 460 points. charlie, thank you for coming in, always appreciate it. >> thank you jenna. rick: coming up, al-qaeda targeting david letterman, why jihadists are calling on american muslims to serious injure, cut the tongue out of the late night comedian. details straight ahead. a new report that the justice department is accounting -- is investigating standard & poor's after the credit rating agency downgraded our credit. catherine herridge has more on what prompted this. that's coming up.
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jenna: welcome back, everybody, a fox news alert, this time of course on the stock market, you see the dow trading down 460. a couple of things affecting this market, and we've talked about a few of them, the job market, the housing
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market being predominant factors, but we also have a reading on manufacturing, in certain regions of the country, and the latest reading on manufacturing in the philadelphia area was very weak. manufacturing is one of the things that investors have pointed to to say hey, it looks like things are turning around and getting better, so when we get those readings that are very disappointing it puts a damper on things to say the least. we'll have much more on the markets, neil cavuto up in half an hour to explain what's going on here. rick: al-qaeda puts out a hit on david letterman, an internet jihadist calling on american muslims to target the comedian after taking offense to a joke he made on his show early they are summer. patti ann brown, what's this about? >> reporter: rick, the fbi is reportedly investigating the threat made against the cbs talk show host, posted on shumac al-islam, the poster, umar al bazlou is there not a mizrahi, may
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allah, release him, to put -- to cut the tongue of this lowly jew and shut it forever. we should note by the way that david letterman is not jewish. in any case, he apparently offended al bazroui by making jokes following the deaths of usama bin laden and kashmiri, letterman drew his finger across his neck while talking about the death of kashmiri, killed by an air strike in pakistan in june. despite intelligence group that monitors militant websites, translated and reported on threat, site described this as a clearing house for al-qaeda material and they say the poster of bazroui is a late night user. letterman is off for the summer and a spokesman declined to comment. rick rick path i ann, bruch. -- thank you very much. jeb jeb -- jenna: standard & poor's, the company that downgraded our country, is
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reportedly under investigation by the justice department but not because of that. "the new york times" reporting federal investigators are now taking a closer look at the rating agency's recommendations on market-backed securities, those are those investments that were really at the heart of the financial meltdown. s&p is the same company as we mentioned that downgraded our aaa credit rating for the very first time ever. national correspondent catherine herridge is live in washington, taking a closer look at this. what is the justice department saying this morning? >> reporter: thank you jenna. this morning two justice department officials telling fox they cannot and will not comment on the s&p investigation and the report in the "new york times". none of the officials deny the investigation's existence nor are they disputing the facts on the story on a day of extreme market volatility. 1dov spokesman saying there's no comment at this time, there's nothing to say at this time and i do not anticipate the circumstances will change in the near term. the question here is whether the nation's largest and most powerful credit rating agency fudged the numbers on mortgage securities, giving them a higher rating than
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they deserved and the pressure to inflate those values came from business managers who were reaping record profits, the values contributed in a significant way to the values in 2007 and the new york says the investigation began before the decision to cut the credit rating and the investigation made the -- may be broader than the s&p and extend to other agencies, including moody's and fitch. jen jeb interesting, the timing is getting everyone's attention, but as you just mentioned, no official statement from the department officially on this report. as far as any response from s&p this morning, have they said anything? >> at the top of the hour we got this statement from ed sweeney, it says since 2008 s&p has implemented many steps to prevent commercial interests from influencing ratings. s&p has received several requests from different government agencies over the last few years regarding u.s. mortgage-related
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securities. we have cooperated and will continue to cooperate with these requests. the times reports that any legal action, if it's pursued by the feds, is most likely to be civil, not a surprise and not a criminal action, jenna. jenna: that's a story we'll continue to watch, catherine, thank you. >> you're welcome. rick: are you paying attention to your four on 1k? maybe today is not the best day to take a look at that. the dow is plummeting once again, global economic concerns putting tremendous pressure on the financial market, president obama saying only a few tweaks are needed to fix things on our end. is it as saferel -- as simple as that? jenna: we're ten points better than where we were! moving to positive. listen to this. three deaths are now blamed on a rare brain eating infection that lurks in the water. a member of our medical a team on the cause and what you need to do to keep your family safe. this is bizarre on any level, rick. rick: it's a scary story. we'll talk about it coming up. plus, a scandal rocking one of the biggest names in sports, now spreading, the
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latest nfl player dragged into the controversy at the university of miami. we'll tell you who. don't go away. >> ♪ >> ♪ >> ♪ are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today.
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jenna: fox news alert the latest on what has become a two-day standoff in the san francisco bay area. patti look at this live shot? what do we know about what is going on here. >> reporter: it is a tense situation. as you can see there are s.w.a.t. team members on the roof of this hotel. this began yesterday morning in san rafael, california. an armed man barricaded himself inside this hotel room. a woman is apparently with him. it's not clear according to police if she is being held against her will. authorities said that a large steel plate has been lowered in front of the suspect's window to prevent any stray gunfire. they first headed to the extended stay deluxe hotel on francisco boulevard after learning this a suspect in a stabbing on sunday was there. the man fired a shot toward the
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highway, police evacuated dozens of hotel guests and they should down highways. the suspect is still hold up. officers continue to talk to him. the suspect is suspected of stabbing a clerk during a shoplifting attempt on sunday. police say he took groceries from the supermarket, tried to walk out without paying, held a knife to an employee's throat, stabbed a clerk in the chest. that clerk was not seriously injured. he is in that hotel and we'll keep you updated on the standoff in california. rick: a college football scandal is spreading. foamer miami university booster nevin sha spear row says he provided 72 players with sex parties, cars, jeweleries. named in the scandal three nfl
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players who went to miami and are playing in the pros with the denver broncos, all of this a $5,000 bounty against tim tebow. shapiro offered we wards to players if they could take opposing players out of the game. steve harrigan is live. it saoefpls like this scandal is getting deeper and deeper. >> reporter: it certainly is. quite a laundry list of benefits distributed over nine years by this felon. prostitutes, strippers, cars, rims for cars. payment for abortion, an engagement ring. timothy richard tebow, $5,000 to try and knock him out of the game. all this falls in the lap of a brand-new coach who said he wasn't told of the scandal when he was hired, now he's struggling to put a team on the field. >> nobody wants to get to the truth quicker than i do. the way you do that is you cooperate and you get your young
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people to cooperate and if they did make a mistake let's be honest and open and move forward. >> reporter: right now all the current hurricanes are on the practice field. 12 of those players have been named in the scandal, ten of those 12 starters. it's not clear who will be eligible to take the field when the team opens september 5th. rick: i was reading if this investigation turns up any wrongdoing even people who are no longer associated with the program, former players and coaches could be penalized as well. what are we looking at as far as penalties go. >> reporter: certainly over that nine year period a number of coaches at the time are now elsewhere, this scandal could really spread across the nation. as far as penalties go it could range from anything from a ban on post-season play, ban on television coverage and death option, take away the entire sport from the university for one or two years. this nuclear option has happened once in history in a major college program, the result so
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damaging to the school, even to the conference it's not clear the ncaa will go that far. they have a new president of the ncaa he may try to send a message here and make an example out of the university of miami. jenna: college football big business. that's one big side of that story as well. a story we'll continue to watch and cover for you here. fox news alert really involves all your money. we are watching the dow taking a nose dive today. financial and economic concerns in european the u.s. are contributing to the sell off. we are still down more than 400 points. the president says there are things the u.s. can do right now to address the concerns about the economy. here is what he told cbs. >> we're talking about closing some loopholes in the tax code, making some modest adjustments in entitlements, paring back a little bit on programs that don't work, and if we do that, and on the back of an envelope i could show you what it would
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take for us to do it, most folks wouldn't notice. jenna: not everyone agrees with that of course. yesterday i spoke with a noted economist. he says there is no quick fix here. >> you have to restructure the system and that takes a longtime and a lot of effort. from the 30s to the 50s it took perhaps 20 years. jenna: can you restructure a system and describe it on the back of an envelope? sthaoef moore will tell us how. simple fixes or restructuring of the entire economy. >> reporter: i'm somewhat in the middle. i think one of the problems that we have, jenna, and i know you got a little irritated about something i said about the president earlier. jenna: irritated at you? never. >> reporter: i think he is responsible for the barrish
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economy. more shovel ready projects, nor unemployment insurance. we tried it in 200 the and 2010. it didn't work. people are saying how are we going to do the same thing we've done over the last two years and why would it work any better than the first time, which was not very well. jenna: not irritated, as a journalist i've seem different themes emerge. everyone wants a fall guy in a recession, with the big banks the ceo's were the fall guys. now public opinion is switching to the president. >> reporter: the president is the national spokesman for the economy and the most important person in terms of driving what direction a policy goes in. when you look at, for example, this week what was the president talking about on what they are calling the magical misery tour? it was basically this idea of let's raise taxes on the rich. how are we going to get the economy moving if we're going to raise taxes on businesses and employers who employ people.
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there are all sorts of inconsistencies with what the president is saying. on one hand he says he wants to bring the deficit down, and then he says he wants a trillion dollars of new spending. which is it. jenna: he is talking about paring back. he said he could show you ot back of an envelope and most folks wouldn't notice. what do you think he is talking about? what would be at the top of the list that people wouldn't notice that would actually help the economy? does something like that exist. >> reporter: the reason i'm skeptical about his back of the envelope calculations there. if it was so easy to do, jenna why hasn't the president proposed these things? when he says he wants to bring the deficit down and he can do it on the back of the envelope, i don't think anybody in congress has seen any serious proposals from this president to reduce the deficit n fact one of the things we should do right away if we want to bring government debt and spending down is ra meal obamacare, he's
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taken that off the table after creating a new entitlement program. jenna: how big do you think that envelope is? do you think it's a big one or a love letter envelope. we can't get into the specifics. >> reporter: i think it's one of those big fedex package envelopes. jenna: then we could understand that. as far as this new normal, though that is another theme we've talked about. >> reporter: that's scary. jenna: you say it's scary. >> reporter: yeah, because what new normal is is 1.5 to 22% economic growth which is what we've had for the last year. the problem with that is it doesn't generate the jobs we need to get back to 6 or 7% unemployment rate. as you've seen over the last three or four months we are barely treading water in terms of creating jobs. as you pointed out earlier one of the most negative statistics that unemployment insurance claims rose again this month. wait a minute we should be increasing jobs. we should be seeing a fall in those numbers and people applying for those insurance claims and they are rising. that means we may see another
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lousy jobs report for august in a couple of weeks. jenna: that seems to be something that everyone agrees upon, that this number is way too high, and the job market still remains something that is -- >> reporter: if you have a job right now, keep it. jenna: i think that is excellent advice. these what rick and i are going to try to do today. we only have about an hour and 20 minutes left. anything can happen. great to see you. steve moore of the "wall street journal." rick: abraham lincoln wrote the gettysburg address on a napkin. it is possible, absolutely. lee myung-bamichelle bachmann hitting the campaign trail in north carolina, a very important state. trouble with her security team. tornado-ravaged joplin, missouri almost three months after twisters almost wiped that city off the map, school is back in session. where are students holding
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classes? we'll tell you.
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rick: medical news now, a rare but deadly infection is blamed nor talkerring the lives of three young people recently. health officials say the summer tragedies are linked to a brain-eating amoeba that lives in fresh water. two of the victims, a boy and girl died after going into the water. investigators tied the death of the third victim, a young man to tapwater. dr. siegel is the author of the inner pulse. good to see you. they say this is very, very scary, especially for parents. >> reporter: there's been 120 cases since the 1960s. there's been three fatalities including a young boy age the. my first point would be a point of caution. with only three cases the chance of this happening to one of your children is really low.
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fear is still the main passage in here. the particular bug is in warm water in lakes and streams, near industrial areas and it comes in through the nose. it's actually hard to tell that you have it. you might see an alteration in smell, then headaches, nausea, vomiting, confusion, that's what you start to see. most important of you will if it's caught early it's actually treatable. there is a drug which is an antifungal drug. there's been a case where it was actually caught early enough where the child survived and went back almost to normal. that would be the key, but it's very, very hard to do that. rick: for folks who want to enjoy the remaining weeks of the summer and they have a freshwater lake or a pond nearby you would say, please go and enjoy yourself, right? >> reporter: yeah, leave it to doctors to follow this. go and enjoy yourself. the chances of this happening to you even if you lived in florida or georgia where we've seen this. or virginia is extremely low.
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rick: okay good. a new drug for people with a deadly form of skin cancer. what is it and what does it do. >> reporter: it's really exciting, rick, it's a genetic modulate. it takes a gene that is found in 50% of patients with melanoma and it alters it. this is the cusp of the revolution in cancer therapy. this particular drug approved by the fda today gives patients an additional two months, if you're one of those patients there is an 80% death rate when you have widespread melanoma. i think it's a scientific breakthrough. this is the wave of the future for cancer treatment. rick: that's great we love to hear good news on that front. there is not a family around who hasn't been touched by cancer.
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dr. marc siegl in philly today. go to the philly's game while you're in town. >> reporter: i'm not rooting for the phillies. rick: all right see you again soon, thank you very much. jenna: new details now on what may have led a reality star's husband to take his own life. new reports of a tell-all book that could have played a role in this tragedy. more on that. new details about a florida teenager and his alleged plot to blow up his high school. we broke this news for you this week, what his friends are telling us now.
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jenna: now to the gop race for the white house. days after joining the race texas governor rick perry makes his first trip to new hampshire the state that holds the very first presidential primary. chief political correspondent carl kafpl ron is watching this live in washington for us today. what is perry doing in new hampshire. >> reporter: he's been keeping a very fast pace. yesterday he took questions and some of the answers raised a few eyebrows. he's retail politicing. he's known as an aggressive and tireless campaigner. texans have a hard time with all the yankees. he got heckled at pop oefrs on the square in downtown portsmouth by the new hampshire alliance for retired americans which is a democratic-leaning
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group. perry is surrounded by security as the governor of texas. the campaign knows in early states he has to be plenty accessible to voters. he gave a big interview to me yesterday, when he's out in public he poses with people on the trail. this is in a state where people joke that they will not make up their minds who they are going to vote for for president unless they have met them two or three times. jenna: there is a report by politico, we've heard about this before about bachmann's campaign, and her people and security being too rough with reporters. >> reporter: it's reporters and even the public late bit t*eubgd off. the bachmann campaign is reviewing its security procedures in order to limit any more flack about this. they make the argument that bachmann is 5'2" and when a big
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burl lee cameraman gets shoved by an enthusiastic crowd she can be in jeopardy and at risk there. the assassination attempt on gab regiffords means they have to be much more cautious. they do acknowledged that it's caused con stern nation for them and others. there have been reporters who have complained and they have video of people pushing and shoving. there have been plenty of the people in ohio who have complained that they wanted more access to miss bachmann, the music was too loud and we couldn't hear her answers to the questions. or the music was too loud. they are gentlemen jealous about their time with the candidates. anything that makes it look like the candidate is a little bit distant they dislike and complain about. jenna: an interesting point and one to pay attention to as we watch what happens next. carl, always nice to see you. thank you so much.
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rick: well as we've been telling you this hour, taking a new stuff stand on syria, for the very first time president obama calling on syrian's president to step down. how will this affect the brutal conflict going on in that country, we'll go in-depth. and why you may never again be able to download some classic songs. here is one of them. recognize a little blondie? we'll have that for you when we come back. ♪ ♪
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jenna: less tn three hours into the trading today today, what a day it's already been, although we're off the lows of the session. the dow down 385 points. we are glad you're with us. we are not so happy about the market, though, are we rick. rick: it's a doozy, folks. a slew of bad economic news that has come out and has people
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running scared. jenna: knee neil cavuto is with us. we have to ask neil what is going on. there is so much news related to the market right now. what do you think is driving this market today? >> reporter: i really think it's back to europe. i said this before, you and i have chatted about this so many times. there is a co contagen going on in europe, whether the leaders want to admit it or not. remember when the french banks were telling off, that nicholas sarkozy came back from a french vacation to counter rumors that there would be a downgrade of his country's debt. that alone was an eye-opener to me. europeans never, ever return from their vacations for any reason. so when the french president did that to sort of disavow these rumors i knew something was up. despite his protest we found out later in the week that the
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french economy was indeed slowing. we've got indications as well the german economy is slowing. germany is really the piggy bank for kwraoerp. s europe. a number of u.s. regulators are scrutinizing the u.s. arms of european banks, one of the big reasons why the financial stocks here have been so hard hit. there is always that fear, guy, that we are exposed to something troublesome out of there, and we are all linked globally as we all know. this is one area where we don't like to be linked. if it looks like europe has some serious banking ills or capital short falls and the possibility that either greece or italy goes under or has big bills to pay, and now we are getting indications that germany might not be up to pay the bills it doesn't take a rocket scientist to say that is not a good sign.
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housing here is nothing. we are down to an eight-year low. jenna: let's go back to the european banks and their arms in the united states. you mentioned that the federal reserve and banks are taking a look at supports potentially for these banks. we talk a lot about qe3. some of the stimulus that was provided by the fed was provided worldwide not just in the united states. europe really benefitted from that. could that put more pressure on our central bank to do another round of stimulus because of some fear here that this contagen that you mentioned could spread. >> reporter: you raise a very good point, in all seriousness. people forget when they hear what is going on in paris or
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athens or rome and they say it's not us, we are very big contributors, the biggest of all to the world bank, to the international monetary fund, to the international lending agencies that come in and support. you always hear the talk about being a back stop for banks, we're contributors to that. it's our money that helps go into that, and our banks are exposed to the same things those financial institutions president bush because we are a back stop to them. so you get to see this domino thing play out when people fear that what is going on there could reverberate here. in 2008 there was a tpa none number, more fear breeding, selling, people sold first, asked questions later on just the fear that we were similarly exposed, never mind in the same percentage, we were not. it was just the fear that ultimately hit the books. that's why technically, lehman
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bros., all the great names of 2008 were right when they said our books looked fine. before the sell of it did. but after sell off the books did not look fine. jenna: we'll continue to watch and see what happens. neil thank you very much. you have the title of the wonkiest of all. >> reporter: you're on my turf here. jenna: turn into your world 4:00pm eastern time. on the fox business channel 6:00pm eastern time. rick: fox news alert the u.s. slaps brand-new tough sanctions on syria calling for a change at the top. press calling on bashar al-assad to resign amid a brutal crackdown in the country saying the syrian leader is slaughtering his own people and it's time for him to go. james rosen is live at the state department. >> reporter: senior obama administration officials say the balance has shifted in syria and
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that saz's days in power ar bashar al-assad's days in power are numbered. the administration imposed its third round of sanctions on syrian individuals and businesses, backed by similar actions by european allies. new asse t-rbg restrikes and freezes on the oil and petroleum sector. it was prompted by the up tick of brutality and by their own realization that bashar al-assad's pledge to pull back military forces was a lie and empty promises. neither the united states or any allied coalition will be undertaking any libyan-style campaign to assist the beleaguered syrians. >> outside power can or should impose on this transition. it is up to the steer yan peop
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the syrian people to choose their own leaders. in a democratic system we will do our part to support their aspirations for a syria that is democratic, just and inclusive. and we will stand up for their universal rights and dignity. by pressuring the regime and bashar al-assad personally to get out of the way of this transition. >> reporter: during the egyptian crisis you'll recall a total of about 300 people were killed and president obama himself appeared before cameras within one week to demand that hosni mubarak step down. here in the case of syria it has taken five months for mr. obama to make the same demand of bashar al-assad a sponsor of terrorism. in those five months an estimated 1800 syrian civilians have been killed. asked about the contrasting approaches u.s. officials say they have enacted punitive
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measures on bashar al-assad and each country will change its own way. john mccain, the ranking republican on the armed services committee called steps by the u.s. good news, but added, better late than never. rick: for more on this let's bring in jonathan shanzer from the foundation for dense of democracies. i can't imagine johnathon, bashar al-assad hearing what president obama had to say today, and saying, all right i'll go. what is the purpose of a statement like this. >> it's an important shift by this administration. we have been standing by while 2,000 people were killed and 3,000 people have gone missing and are presumed dead. it's important we get on the right side of history. i think senator mccain is right. better late than never. i wonder what prompted this. it was a bloody weekend but not more bloody than the last five months. we are going to try to skis the
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syrian regime. we are going to squeeze the oil sector which is 30% of its economy, and freeze assets in the united states and ratcheting up the pressure a little more. i think the fear here is that we just don't know what comes after this, and i think that's why you're seeing a lot of a timid approach from this administration. rick: the sanctions, though i was reading, we've had sanctions against syria for years now. they have apparently not been effective. they haven't worked as far as bringing about change there. why should we believe that new sanctions could achieve what old sanctions continue. >> these sanctions are much more significant than anything we've seen in the past. syria has been on the state sponsored terror list since 1979. every time we've imposed sanctions we end up dialing them back. every time we get frustrated with the syrians they say wait, wait, wait we'll go back to the negotiating table with israel.
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it's been like charlie brown and lucy with the football. we say okay fine, we trust you this time. this is really i think a significant addition to the sanctions in all fairness. i don't know whether they'll work but it's certainly better than doing nothing. although i have to say on top of everything that we've seen today what i don't really understand from this administration is the insistence that we take force off the table right now. i think that is the one thing that could coerce the syrian regime, and for bashar al-assad to step down is military lee. i don't think we necessarily have to follow through on it. to say it's off the table i think any threat we put out there won't be taken seriously. rick: some of the criticism the administration has got even over libya, how long and drawn out that was may be behind it. thank you for helping us understand it. thanks. jenna: the israeli military saying a terror squad has
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infiltrated the country. israeli police say shots were fired at this passenger bus traveling near the border with the egypt sinai peninsula there have been a string of attacks on vehicles killing six people. we are getting word of an israeli air strike in gaza. leland vittert has the latest. >> reporter: jenna a lot going on. we'll start with the attacks here this morning. we are now told by the israeli chief of staff that that was indeed a suicide attack on one of those buses, that there was a militant who had a suicide belt on and he exploded it. as he was giving that briefing here at this military check-point just belong the hills along the egyptian border there was another shooting incident. he and the israeli defense minister were pulled out by their security forces. it goes to show just the level of alertness the israeli military is on of how sophisticated these attacks were. four separate attacks involving a suicide belt.
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an antitank missile, mortars and heavy machine guns that killed at least seven israelis, injured 33 others. after that there was a large scale pursuit by the israeli million tear row and seven of the militants were killed in the shootout. we are told there are 13 militants still on the run here, in these hills. it is the israeli egyptian border down here in southern israel. this is a resort town we are in. a lot of these people going home would have been leaving their summer vacation wh-gs this happened. a very scary situation. underscores how fluid the border is. a number of these attackers were wearing egyptian military uniforms. that is something not sitting well with the israeli's tonight. back to you, jenna. jenna: an important store row we'll continue to watch, thank you. rick: the girlfriend of a notorious mob boss in court today. she spent 16 years on the run
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with james "whitey" bulger. molly line live with that story. social security declaring 14,000 people dead every year even though they are very much alive. what is going on with that? with diabetes, it's tough to keep life balanced. i don't always have time to eat like i should. that's why i like glucerna shakes. they have slowly digestible carbs to help minimize blood sugar spikes, which can help lower a1c. [ ma announcer ] glucerna. helping people with diabetes find balance. from body and bath shops? with olay get what you love at half the price with new olay body collections, tantalizing fragrances and olay moisturizing ingredients that transform lathering into lavishing. olay body collections.
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rick: fox news alert, let's get an update now on the police standoff in san rafael, california. patti ann has that for us. >> reporter: extremely tense right now. the situation still tense. you can still see s.w.a.t. team members on this roof and every now and then the camera pans out to other rooftops and you can see that the area is absolutely swarming with law enforcement types. and there is a man hold up inside this hotel in san rafael, california. it is the extended stay deluxe on francisco boulevard east. he is apparently there with a woman. they don't know if she is there
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willingly or being held against her l. it all started yesterday morning, the man barricaded himself inside the hotel room after an earlier incident on sunday. the man was suspected of stabbing a clerk during a shoplifting attempt at a grocery store. that clerk's injuries were not serious. after the stabbing the suspect fled, ended up at the hotel. police were tipped off that he was there yesterday morning, so they showed up and when they did the man fired a shot toward the highway. so the police had to evacuate all the hotel guest e guests and they shut down i580 between francis drake boulevard. i580 now open but the hotel still evacuated and a very tense situation going on there. a steel plate in front of the suspect's window so the stray gunfire won't hit anyone. we will tpaoewe will keep you up to date if there is any movement in this standoff. rick: the public could declare
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you dead without you even knowing it at least when it comes to social security. social security accidentally kills off about 14,000 people a year, declaring them deceased. it's a clerical error. you could end up losing benefits, access to credit, even your bank accounts until you can prove that you are in fact alive. a court date today for the longtime girlfriend of reputed boston crime boss james "whitey" bulger. catherine grieg pleaded not guilty to helping bulger for years. >> reporter: she pled not guilty. she spent 16 years on the lamb with james "whitey" bulger, the former alleged head of the boston mafia. and prosecutors say essentially she used a multitude of false identities to not only hide herself but also to help hide
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james "whitey" bulger who himself had a number of fake ids. some of them released by the u.s. attorney's office showing that he had a new york driver's license, an aarp card, she had been going under multiple ale lee asess. her attorney said today this case would be going to trial, that she is not cooperating with authorities. shear is kevin reddington. >> she is a very strong woman and she has full confidence in the system and looking forward to trying the case. >> reporter: he believes that she can get a fair trial here in the boston community, has a lot of faith in the people that may be sitting on the jury. if convicted she faces up to five years in tpreugs and a $250,000 fine. rick: what about her boyfriend, what is the latest for james "whitey" bulger? >> reporter: he remains in federal custody. thinks expected to take a longtime to get through the very complicated details of the case. he's facing a large indictment of racketeering charges, within
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those charges are the 19 murders he's alleged to have committed. it's going to take a lot of time and a lot of energy and a lot of money to actually bring him to trial, and also a lot of research. many of the witnesses, many of the things he's accused of doing happened in the late 60s, and the 70s and the 8le 0s. it will be tough for the prosecution, they are slowly working their way to that day the next court date is slated for september. rick: molly line live for us in boston. thank you. is the republican presidential field about to get more crowded? there are new calls for wisconsin congressman paul ryan to get into the race. we will talk with an influential politician who is urging ryan to enter the race and why. and the most iconic songs of the time, what it means for the labels, and music lovers everywhere.
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a battle is looming. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today.
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rick: stories crossing the wires right now on a busy thursday, new details about a 17-year-old in tampa, florida, we told you about this week accused of plotting to bomb his high school. he had been expelled from the school and had prior run ins with the law ranging with burglary to drug arrests. they found shrapnel, tubing, fuses in his apartment. chinese officials deny that they examined the helicopter that went down in the osama bin laden raid. they call it extremely absurd. jenna: a lot of buzz about paul ryan possibly joining the race for the white house.
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he's a tea party favorite who is getting encouragement from some political heavyweights, including possibly our next guest. former wyoming senator alan simpson was the cochair of the president's national commission on fiscal responsibility and reform, otherwise known as the debt commission. senator simpson, what do you think, paul ryan for president? >> he's a wonderful young man and erskin bowles and i were very impressed. he was the only one to address the mastadon in the kitchen and all he got was savagery. if he got in the game i'm telling you they would say he hates seniors, he wants to put -- wants to take bed pans away from the hospice. they would rip him to shreds. he's ready for prime-time but
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not now. he's a magnificent young man. jenna: you mention the criticisms over his proposal. he says he has a responsibility for the budget, for the nation's budget. that is his job as house committee chairman. everyone is pointing to the president saying where is your plan, what is going to happen next? is the president really the one person that can affect change in this economy or can it be a leader that emerges somewhere else? >> the president has to get in. apparently he's saying he's going to do something in early september, which is specific. we are all waiting for that one, because anybody can get up and talk about cut spending, no taxes, constitutional amendment to balance the budget and all that babble until you get to specifics. and once you get to specifics, like dealing with, oh, say, municipal bonds you'll get a full page ad from the national league of cities. wait until you mess around with
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the life insurance industry, or blue cross or home mortgage. wait until the realtors come out with full pagers, and the roll call and national papers, dig in gang, when you get specific you're going to get hammered flat. jenna: the president said in an interview yesterday that he could describe some of the things that he is going to propose as simple changes to the economy on the back of an envelope, i'm paraphrasing a little bit there, senator. have you talked to the president since you left washington after serving on that debt commission? has the president reached out to you? >> i've talked with him, not in recent times. my contact is bid joe biden. i've known joe for 40 years. they came up with the gang of six. once you get specific in this country, watch out. there are really tax earmarks and spending by other name and if you get rid of those and
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start picking them off you can save billions and billions of bucks. here is could he burn who picked off ethanol, of billion bucks, just knock it off. what does he get? they call that a tax increase. and could he burn says that is ludicrous, not only ludicrous -- jenna: as you mention when you get specific it goes into sensitive territory. one of the broader questions we've been talking about on the show over the last week, is whether or not the economy needs to be restructured completely. reheard from one economist who said we have to do that, that's what has to be done. then you hear from the president that some of the changes can be specific and targeted but most of us might not feel them or see them. where do you fall in tha that spectrum. >> reporter: in our report it's 66 pages. it caution about shared sacrifice. going broke, little things like that that have meaning to most
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americans. we said whatever you do, be careful. if you're going to do something with revenue, whatever you're going to do you have to let the teeth go in in 2013. if people would read that before they call me or send me savage emails, which are jerks, which i love to reply to them, my staff takes them away from me before i can jab them in the eyeballs. you cannot get there without specifics, and no specifics there will be nothing done and it's very sad to watch and it's going to get a lot tough her they come out of the woodwork, full page ads you just won't be able to even stand up to it all. jenna: we are going to continue to watch to see who has the courage. i will not for one be sending you any savage emails after i heard that, senator simpson for sure. it's always nice to see you, sir, thank you very much. we look forward to talking to you again. >> always fun, you bet.
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rick: fox news alert we've been telling you today that president obama and leaders from europe demanding that the president of syria step down in light of brutal government crack downs on civilians in that country. now a response from bashar al-assad, his government accusing washington and the west of trying to stoke violence in his country, which of course is ironic considering what he's been doing to his own people. the white house calling for tougher new sanctions as well. we'll keep you posted on the latest out of syria. a new twist on a american woman missing and presumed dead in aruba. what authorities are learning about the insurance policy taken out on robyn gardner before she disappeared. new information just coming to light about pictures that were found on her camera, which was recovered. and you may have had a little longer hair and been been wearing bell bottoms tooling around in your station wagon listening to don donna summer. jenna: did you have longer
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hair? rick: any way, one decision that was made over 30 years ago that could turn the whole music industry upside down. bad girls. ♪ talking about bad girls, yeah. well you see her out on the street at night, walking. ♪ just one phillips' colon health probiotic cap a day helps defends against occasional constipation, diarrhea, gas and bloating. with the strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. excuse me? my grandfather was born in this village. [ automated voice speaks foreign language ] [ male announcer ] in here, everyone speaks the same language.
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♪ in here, forklifts drive themselves. no, he doesn't have it. yeah, we'll look on that. [ male announcer ] in here, friends leave you messages written in the air. that's it right there. [ male announcer ] it's the at&t network. and what's possible in here is almost impossible to say.
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for many adults with moderate to severe ra, humira's proven to helrelieve pain and stop joint damage. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events can occur, such as infections, lymphoma, or other types of cancer, blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before starting humira, your doctor should test you for tb. ask your doctor if you live or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are prone to infections, or have symptoms such as fever, fatigue, cough, or sores. you should not start humira if you have any kind of infection. ask your rheumatologist how you can defend against and help stop further joint damage with humira. jenna: happening now, all,
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well all the happenings are live we're on this campaign trail now. we're in the first primary state, michele bachmann, holding a rally in columbia, south carolina. the minnesota republican is on a three-day bus tour through the state looking to build support after winning the iowa straw poll last weekend. she is speaking live to the crowd. any news that happens we'll bring that to you. meantime another big story here. authorities in aruba are examining a live insurance policy taken out on robyn gardner. she is the woman that has been missing since early august on the island. the policy was take taken out by other travel companion. it is certainly raising red flags as is a camera just found. patti ann, what do we know about that? >> reporter: two big headlines for you here, jenna. the missing woman, robyn gardner was traveling with a friend, gary giordano, and it was recently reported he took out an insurance policy on her for $1.5 million. now the associated press says he sought to claim the
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money two days after reportering her missing. aruba authorities have disclosed he has explicit photos of robyn in his camera. the solicitor general says that camera was confiscated as part of the investigation. robyn gardner, who is 35, had a boyfriend back home in maryland but she and giordano stayed in a room together in aruba. giordano is 50-year-old, twice divorced father of three sons. he traveled to aruba with gardner on july 31st. two days later he said the she disappeared while the two were snorkeling. authorities found discrepancies in his story. back to the insurance policy ap quote as person with knowledge of the policy. gy or giordano, purchased it $1.5 million. american express policy. accidental death. it covered length of short trip. giordano called while the
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search for gardner was still going on saying he wanted to begin redeeming that policy. giordano is being held in aruba as a suspect in her disappearance. the judge said there is evidence to hold him 16 more days. his attorney says there is no evidence that he committed a crime. gardner meanwhile is presumed dead. jenna: thank you, patti ann. rick: a battle more than 30 years in the making that could rock the music industry to is core. some of the most iconic rock and pop songs are about to turn 35 years old, rocksian by the police and heart of glass by blondie. when they do a provision in the u.s. copyright law regarding music could make the songs property of the artists who wrote them instead of the record companies who have been profiting off of them for years. we have former federal prosecutor and intellectual property attorney, doug byrnes is a defense attorney. thanks forring in to talk about this. as a music fan this got my
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attention. doug, these artists, they wrote the songs. they performed the songs. >> right. rick: everybody loves the songs love them because of the artist. why shouldn't they be able to get the copyrights? >> rick, it is actually a tricky legal question. what it boils down whether or not they were employ of the record company. term of art, as tread will concur is work for hire. if the artist was hired by the record company, of course the record company can claim that it is theirs. fred will make argument, i can read his mind, of course they weren't hired. taxes weren't taken out. insurance wasn't taken out and didn't work under their roof. however, my argument is the record companies however pay the cost of production. they pay the cost of promotion. rick: yep. and also the other point is that many, many contracts themselves specifically say that it is a work of hire. courts will have to sort it out song by song basis based on the particular contract. rick: fred, that's the argument that the record companies make.
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that hey, you know, we put the money up front for these artists to come and do this bjork. in a lot of cases used our facilities. we paid for the marketing. we paid for advertising. we own it and it is ours and they were working for us? >> no, nope. carefully, rick the sound you hear in the distance is the cowbell because the grim reaper is coming and coming for these guys. doug byrnes made the best argument that the music company and record labels can possibly make. they ought to hire them but at end of the day it ain't going anywhere. guys like bruce springsteen with serious musicians with serious clout are entitled to terminate their rights under the copyright act. fact. matter is is not work for hire. i can mention artist after artist. toby keith. showed up with eight songs, four of which became number one records long before he worked for record company. production gets charged against royalties going forward. so, those taxes that, those
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royalties are paid. taxes are paid on them as right royalties. there is no employment taxes paid by record company. they better be real careful with the arguments they make. rick: more cowbell. >> i got a feeling for it. rick: kenny rogers "the gambler.". police's rocksian. b-52. rock lobster. these are songs written in 1978 becoming eligible. the artists have to write letters to reclaim the rights to them. if they don't they lose out on this what does it mean, doug for music fans, for everybody out there who would to be able to download, for example, billy joel's 52nd street, great album? if he gets control of the rights back could he take it out of the itunes tunes store and make it unavailable? >> that is good question. the real big hit that the report companies took had nothing to do the artists in fairness which is internet piracy. i like to see a picture of fred's hair from 1978. >> can i tell you? it is not long. it is just big. >> i didn't have long hair,
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rick, but i certainly had a lot more hair. joking aside i think this is going to be tricky and the fact of the matter is, not to be a broken record but, i think if the particular contracts, this is what i'm not sure, you could ask fred whether the contracts in '78 normally provided that it is a work for hire? rick: fred, real quickly, i will survive, gloria gay nor. how will this work out? >> i think they are, the artists are getting control of this music. i don't think it is a work for hire. contracts today do say that. i don't think the facts of each case are going to support that. rick: we'll keep an eye on it. guys, thanks for playing along. good to see you both. >> thank you, rick. >> thanks for having me, rick. jenna: fox news alert. we'll take you to brand new video out of georgia today. there was a small plane went down we believe behind the consolation baptist church. this is in carroll county georgia. specifically whitesburg, georgia. there is a look at the plane.
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there is runway at the end of a subdivision that folks use and this plane didn't make it. we have no word how many people were in the plane, the condition of those folks. again we're seeing remnants of the crash now. more details as we get them out of georgia today. the heat is on in miami. we're not talking about basketball here. the alarming allegations lobbed at the university of miami athletes. where things stand today. we'll talk to the reporter who broke the story wide open, next.
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>> hey, everyone, i'm megyn kelly. president obama is off to martha's vineyard for luxury vacation as we wait for his big jobs plan now set to be revealed in september. what does sarah palin think of that? i'll ask her when she joins me live today. plus, the mystery of this missing american woman in aruba continues to grow. detective, former, mark fuhrman is here with a incredible update on what we have now learned from the
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tiny island. also the epa is seeking to crack down on farmers now by forcing them to limit, dust. seriously? we'll have a fair and balanced debate on that one. see you at the top of the hour. jenna: now to the scandal rocking the university of miami athletic department. a convicted ponzi schemer claiming he lavished gifts on dozens of athletes, giving them cars, money, even prostitutes. now there's word the players who allegedly scored the goods could face lawsuits themselves to repay the bilked investors of this ponzi schemer. it is a story that has so many different angles. we'll have charles robinson, reporter with yahoo! sports and he broke this story. he joins us by phone. what an incredible couple days, charles, as we've seen the story develop each and every hour it seems. what do you think is the most significant development as far as in your mind of what's happened next with this program? >> well in the last 24 hours we've been told by a source
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that the university of miami that the ncaa has informed miami that it's typical 4-year statute of limitations may not apply in this case. essentially what the university has been informed of is that there's a clause with the statute of limitations called the willful violators clause and that nevin shapiro, because he was a willful violator he someone who engaged in consistent rule-breaking for a long period of time, knowingly engaged in it, that opens up for the ncaa to go back, far further than just four years. now they can go all the way back to 2002 where nevin shapiro says he first began to operate in terms of breaking ncaa rules. that could have a significant impact on miami, almost doubling the amount of time that could be covered in this investigation. jenna: some of those coaches are gone. some of those players are gone. some are professional athletes now in the nfl. any repercussions for them? >> there is no repercussions for the players in the nfl.
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aside from the fact that the ncaa can say to the university, we want to talk to these players now in the nfl. they're former players of yours. we expect you to compel them to speak to us. if you can not compel them to speak to us, we're going to force you to disassociates these players from your university for a period of years for behavior that we consider to be hindering an ncaa investigation. now that is something the in caa did with usc in its case against reggie bush. they compelled usc to excommunicate bush from that program for a number of years. many nfl players there is potential they could be excommunicated from the program for not cooperating with a ncaa investigation. as far as the coaches any coaches still coaching college teams right now are still under that ncaa umbrella. sanctions can follow coaches to other schools. they're still in play. jenna: there is still a question how big this might become. great to have you. congratulations breaking this major story.
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we'll continue to follow it. thank you, charles robinson again. we wanted to give our viewers idea what these ncaa rules are like. there are major violations involving big money gifts and prostitutes that is something we're talking about now. the big east is reportedly imposing a rule change that could impact every college. listen to this. the conference wants to make sure schools can offer things like peanut butter to athletes. they're not allowed to do that now. this is how detailed some of rules are. right now they can only offer student athletes, bagels, fruits and nuts. anything else you could be actually fined, rick. this is something students want to permit and offer peanut butter and jelly and cream cheese. brings into perspective how detailed some of these rules are. what it is like when you break one not even about cream cheese but what about the parties and jewelry and the story that charles just brought to us there? so this is a big deal for a inma juror school. and in the league and again,
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profound effects. will the university of miami have to stop its program? that is something we can't answer right now. rick: ncaa is saying fundamental changes are needed. >> they're not talking about cream cheese there. rick: maybe that's part of it. allow some of those things that seem to be a little ridiculous. when we come back america's new ambassador to china making a big impression with his low-key style. why this picture right here, shot in the airport in seattle, has gone viral, in china. we'll explain.
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rick: some new information on the real housewife tragedy as we wait for autopsy results on russell armstrong. we have a picture with his estranged wife, taylor. there are new clues what may
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have led him to commit suicide. patti ann has the story. what's the latest. >> so many headlines. he was loathed by many viewers of the real housewives of beverly hills. russell armstrong took his life on monday night. radar online was afraid 447-year-old was going to be outed as bisexual. he was concerned about a tell-all book. the source tells radar about six months ago his wife taylor confided in close friend she fan history for a gay website on his laptop. sources were ready to reveal he is into s and m type stuff. this is not confirmed. friends point out armstrong was unfor other reasons. "tmz" quotes armstrong's long-time friend that russell was broke and distraught and by a recent divorce filing by his 41-year-old wife taylor and his negative portrayal on the show. he said russell asked him for a bottle of xanax. the autopsy results confirm
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armstrong's death was suicide by hanging according to "tmz". they report no drugs or alcohol were found in the bedroom where he died. russell's family might sue bravo the network that airs real housewives. there is talk that bravo is considering delaying the season premier. last but not least russell's armstrong's parents and estranged wife taylor are in heated battle over russell's remains. she is planning a memorial for russell and wants him to be buried at a los angeles area cemetery. russell's parents want their son's body returned to texas where they live for cremation. rick? rick: patti ann. thanks very much. jenna: carl cameron was telling us earlier that rick perry is in new hampshire today. interactions with the crowd can really, well, show you something. rick perry faced some hecklers just a few moments ago. here is what that looked like. >> [inaudible]. >> shouting]
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>> hands off medicare. hands off medicare. jenna: hands off our medicare. you can hear that clearly. that brings up sentiment we were talking about on the show with senator simpson, where do you cut, how do you make some of the cuts? if medicare is on the table you will be facing pressure. that is rick perry in his latest jaunt in new hampshire. meantime, gary locke, the new u.s. ambassador to china making a big story in the country what he is doing with the picture. we'll tell you what it is and what some are saying so shocked about it. we have that coming up. [ groans ] you okay?
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i'm not looking forward to my flight. try this. bayer aspirin? i'm not having a heart attack. it's my back. no, this is new bayer advanced aspirin... clinically proven to relieve tough pain twice as fast as before. what, did you invent this or something? well, my team did. i'm dr. eric first, from bayer. wow. look. it has microparticles.
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it enters the bloodstream faster and rushes relief right to the site of pain. better? great! thanks. [ male announcer ] new bayer advanced aspirin. extra strength pain relief. twice as fast. test our fast relief. love it, or get your money back. ajenna: there may be
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scientists' proof to back that up, falling in love too easily, a british study claims that men fall in love around three times as often as women and men also say they can tell within seconds if the woman they meet on a date is the one. seconds! >> that sounds about right. jenna: the study says it takes women around six dates to get there, six, although women apparently are more likely to track down their former loves online to see who they're dating. come on, rick, you do that! come on! rick: i don't know. very interesting. it's not so much what he did but what he is not ding that his the ambassador to china with new buzz, it shows him carrying his backpack and coffee, charming to people in china who love him to -- who love to see him doing this. jenna: he's normal, no entowerrage there. rick: thank you for joining us, everybody. -- entourage there. rick:


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