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tv   Lou Dobbs Tonight  FOX Business  December 19, 2013 10:00pm-11:01pm EST

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for 2014 and we will see you next week ♪ ♪ ♪ >> senate democrats joined with republicans to join in the distrust of the adnistration and foreign policy. the senate effectively taking the lead on iran urging sanctions in direct defiance of the obama white house. i am lou dobbs. lou: good evening. a major break in the ranks of the democratic party sesenate foreign relations committee robert mendez leads the charge for sanctions against iran. acting in direct opposition to the repeated stated
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wishes of president obama while obtainingipartin support. mendez and his co-sponsor of illinois today was introducing the legislative effort for a new iranian sanctions detracting co-snsors including members of the banking committee and armed forces committee said judiciary and foreign relations committee. democrats earn a last-minute effort to kill the bill and ignore the committee chairman urging them to reject mendez. fox news has confirmed chief of sff al was part of the group's spending the last 24 hours pleading with a number of democrats to hold off on the sanctions. white house press secrary
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today accusing the senate of deliberately uermining there president's diplomatic efforts to tell the white house press corps that the president will veto any effort to pass new sanction while negotiations on the iranian nuclear program continue. >> with very regular and direct conversations with members of congrs on this subject has made very clear we do not believe it is ti to pass any additional new sanctions through congress. we'd want to see actions that wld practically underme diplomacy. if so the president would veto. lou: harry reid is not allowing amendments to the defense authorizn act and remain silent on the mendes led sanction an
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effort but did leave them open after the is clear there were no new sanctions. that if we need stronger sanctions i am sure we will do that. i look forward to input from the majority in the minority when i get back and we will move forward appropriately. the senate is expected to vote and pass the $625 billion defense authorization act lter this evening the house ssed it last weekend the white house supports it. will crack down osexual assault by stripping commanders of their ability to overturn jury convictions also giving 1% pay increase and provide monday for chical weapons thank give the president flexibility to decide the fe of terrori suspects.
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republicans are upset the senate will not nsider one of the 500 amendnts that have been offers. hispanics senator reid your device all the available to him that prevents us from offering this amement or others has taken overhis and it running it as if he was of a dictator. lou: the senate ll work to go through the nominations including janet yellen of tonka deputy secretary of the department of romance security and to serve as commissioner of the irs. despite the extended schedule the senate leaves unfinished business. the majority leader will let unemployment benefits expire but he says he will bring up of'' on the extension no
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butter -- no later than january 7th. when obama leaves for hawaii for his vacation he will need one. polls show voters have more positive opinions of president bush and president obama. compared to 46 percent that said the save about obama compare 50with bush also they sathat governmenis broken compared to the 21% toto say it is broken find. 6% say it works pretty well but it is not better with the president's health care law. the new cbs poll finds a majority of the uninsured, a 53% disapprove of the affordable car act. we have a call tonight joining us on the senate's
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pls with tougher sanctions against iran. as doddy herman joins us what it means for the using market. looking at the future we will introduce chutes to a company leader whose business is focusing turni algae into natural gas. president and founder joins us tonight. 40 millionon shoppers who visited target for the day before thanksgiving may have had credit and debit card data stolen including customer names and debit card numbers and expiration dates three digit security codes and investigators say the attackers could get the
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device off readers in the store in target is urging customers to watch carefully for any suspicious activity it report to authorities immediately. shares were more than 2% on the news. the dow gaining 11 points gold falls to the lowest price in more than three years smith are te $41 an ounce settling below $1,194 per ounce for the jobless claims up for the second week over379,000 in sales of previously owned homes dropping 4% posted in the first decline in two years.
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we are comingidgeback with more news -- right back. >> are retir veterans are affected by the budget compromise. when congressman steps in to when congressman steps in to fix it for our hero's. [ male announcer ] here's a question for you: where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s.
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lou: inquiry to aid development in texas a federal judge's accusing the obama administration of complicity of the smuggling of illegal immigration, and don't dash children into the country in more than one case immigration officials have arrested human traffickers smuggling children across the border then he and delivered to
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their parents here illegally the policy which is carried out with taxpayer money helps the drug cartel who run the opation. the administration rorting the fewest number of people since obama has been office slightly more than 360,000 were reported this past fiscal year ended you were thinking making your new york -- new year resolution losing weight for get and michelle obama said americans resolution should be to sign up for obamacare. think about it. id republican governor of by what terry branstad offers of harsh assessment of joe biden's chances i his state in the 2016 primary. said quebec abided is dead
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meat out here. not introducing legislation to restore military retirement benefits that were cut $6 billion over 10 years and with annual cost-of-living adjustments 1% cut but only for those that retire after 20 years of active service when they turn 62 they go back to the full cost of living increase joining us now congressman langford hot good to have you with us. it does look bad when you look at sending for the federal government ar you confident you can resto
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that? >> i am confident. looking at the budget in december we had one choice to pass budget have sequestration. it with the across-the-board cuts in the strange way this bill cuts immediately for active duty with the muc larger scale it will change so the timing was important we hav t take care sequestration but old -- also retireesut to say be cut their retirement but protective for members of congress whe there are so many other areasf waste and the government. u: i could not agree more. and with the next battle tough talk with the
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appropriations talking about the debt ceiling expiring will recede more tough talk in a potential threat to shut down the government? >> no. for example, we can deal with the billhook for military retirees but over the next two years the immelt we do for budgeting is resolved and policy differences. we will have a lot of appropriations work to negotiate at between the go out of that then starts the appropriatio work early as strange as that may sound.
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the difference is we have the budget already done so the appropriations can be done during 2015 -- for the year 2015. real tough measures that go into march or april but it is important that we try to do witow we have to stop the debt ceiling votes. we have too much away. >> the election is where you are. going into midterm elections that you desperately need and frankly the party cannot be led around by the victory in your eyes but it is good to see the learship does the right thing. obamacare. still talk of defundingut
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the latest poll shows 53 percent of the uninsed hate the bill. i don't know what is in within your grasp but something must be doneor the simple fact it is a disaster. >> we have fought this every way but no it rolls out of this to the president and democrats passed it they own it. not on single republican voted that helps politically but doesn't help the america we have to help try t protect the people of our distct it is a web site issue with the web site is just small part of the larger problem. lou: 6 million people live is a lot more to theeb
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site issue also new cat -- taxes at will be felt as people sta doing taxes in hitting people with the new year. watch the leadership immigration. one congressman dennis taken on leadership of the judiciary committee and we hear a lot of noise is whether speaker boehner boehner, republicans in the senate with no we and a nod the cake is pate but it will be amnesty and look-alike g8 to the matter the fools that put you in office think. we will watch very carefully. americans to have some
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confidence, will they be jerked around? >> the main focus as we will not agree with the democrats with a lot of areas of immigration. clicking the cross border licing of the process is in shambles. whether ice or border patrol ormigration and services there are issues that need to be addressed and common ground but we will not be able toresolve some of we have to determine the basics can we resolve 60? or will they say we will not do it? >> amnesty is not going to happen. lou: good to have you with us. congressman. lou: team.
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a n book to recommend called upheaval, and my new book debuts january 7 the now available on monday and the audio book version that i recorded just very recently you will love it. go to or bbds and noble or go to lou dobbs for all of the leaks. arts and entertainment network accused of suppressing free speech after suspendinghe patriarch of the television news show "duck dynasty" his use of some of sexuality sets off protests and demonstrations and backlash and support. next. this is the quicksilver cash back card from capital one. it's not the "fumbling around with rotating categories" card. it's not the etting blindsided by limits" card.
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last year coming ahead of the debut on t s&p 500 on monday facebook shares down 1% on the development closing above $55 per share price will be tomorrow. a new report for a major league baseball player 5% job to give a sense of how much of the raises civilians on average 1.10% of an increase in the yankees had the highest average salary just over $8 million but that did not work out too well in the houston astros have the lowest have $550,000. free-speech advocates rushed to defend phil robertson after the tv star s iidefinitely suspendedby a and the for his comments on homosexuality. when asked if he felt it was
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sinful he said'' matt start with sexual -- mosexual be alan c. a bestiality city of with that women did that women but he may not care what executives think considering he skipped out on reading barbara walters for most fascinating people special because it a duck hunting season. a mortgage and straights go higher as they scaled back monthly bond purchases. now at 4.four 7% up from day when the talk about reduction of bond purchases first began. the largest real-estate firm in new york it is great to have you here.
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we see some disappointing numbers there is some rong reports what about this marketith recovery? >>you can read the reports buthey are confusing. the fed buys bonds their artificially keeping interest rates low. as they're expected to pick up that is a sign that the economy isoing well. the national numbers from the ml us have the country is not on . but november from october is down but you will see housing numbers are better them and this year.
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lou: the affordability index with mortgage interest rates appear to be headed higher moving up smartly with much higher numbers f that slowdown the market or will that be digested? >> if you looked at averages fed is still low 5% is still low we got in trouble cause we let everybody anybody could buy a home. lou: they are doing that again. some deals are still zo. lou: but it is still done. >> them right now fannie and
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freddie are too strict so the good news is you cann buy as much as you would. lou: is there a deaf inventory? >> there is not. lou: we have too little problems. >> also the pent-up demand and the scare of the interest rates goingp before spring but honestly as people of the decade equity they can move up and move out. lou: we hope sooner rather than later. stay with us the often frosty relationship between obama and vladimir putin is showing signs of
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flexibility? the kgb agent thailand support for his by program. he is actually envio >> senators defy the whitehou the democraticc senators calling for sanctions against iran as the white house insist they are not needed on what [ male announcer ] my client gloria has a lot going on in her life. wife, mother, marathoner. but one day it's just gna be james and her. so as their financial aisor, i'm helping them look at their complete financial picture -- even the money they've invested elsewhere -- to create a plan that can help weather all kinds of markets. because that's how they're getting ready, for all the tngs they wanto do. [ female announcer ] when people talk, great things can happen. so start a conversation with an advisor who's fully invested in you. wells fargo advisors. together we'll go far. [ engine revs ]
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♪ lou: my next guest says the senateas it right concerning additional sanctions against iran and a negotiation is that fail to call for iranian this panel that of its -- dismantlement of its nuclear program. anything else is just foolish. joining us isetired four-star army general, fox is most -- military analyst. great to have you here. this is a remarkable devopment .
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twentyix u.s. senators telling the white house to basically, thank you very much for your counsel, we are going to proceed with tougher sanctions. i cannot recall a time that this has happened. what kd of a position does it but the united states government in? >> well, i think it puts us in a much stronger position, frankly. we should applaud and welcome with the senate is doing. the history here, lou, is that the congress, as a body, has always argued that tougher sancons will be better for this country. the sanctions in place now le to the cation of the congress, and the administration pushed back on some of it. this was strengthened, i believe, the administration's hand as it goes into it. viewers should understand that the iranians are coming to the table because tre are tough sanctions out there. we strengthen those sanctions may be we can g the deal that we really need. the deal we have now is not the final deal. it may be tougher sanctions
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would help us get it. lou: i want to share with our audience the latest fox news @%ll on fox business, if we could sett, if we could put that up. bear with us for a second. that polls showing overwhelmingly that they believe president obama is not being strong enough on the issue of aniann negotiations saying 68 percent saying the president is not tough enough on iran. 12 percent saying it is not right and 5% say too tough. it is clear that the senate is reacting to obviously their own assessment of the situation, but also to the polling data showing this kind of perception of weakness on the form of the president and also polls showing that this president is badly, badly damaged for congress and those senators going into the midterms. >> absolutely. the american people are on to this and know that this has been a 20-year journey for the
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iranians to in a nucleareapon. they know there have been starts and stops in negotiations and pauses and full speed ahead, and now we have another negotiation and diplomacy effort where the entire program is on pause. there is a timeout, but all of the nuclear infrastructe to build a weapon remains in place, so the american people know that is not a deal. the only deal that makes sense is what you mentioned in the intro, lou, that the program gets dismantled, the secret sites closed down, and all of that is verified. if we do not get to that point we know how to deal -- we don't have a deal that is worth anything. u: quickly -- we are very short on time here. i want to ask you, the man backed by the obama administration in egypt, hosni mubarak who was summarily dismissed from the u.s. policy, but muhammed morrissey, now we founout that the government of egypt, the military government
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charged him with conspiring with the hamas, hezbollah, and iran. this looks awfully bad for the obama administration and the united states and of egypt in the region. >> well, we don't know about the veracity of that charg certainly. but it is a very, very serious charge. there are indications that are quite profound, to be sure. it also tells you that thi military regime in egypt really does not want the muslim brotherhd participating in this political process at all. and we just have to observe and see what happens with these chges. lou: and the 35 co-conspirators have been charged along with more see and members othe muslim brotherhood. all facing the prospect of the death penalty. general, as always, good to have you with us. thank you. >> good talking to you, lou. lou: b sure to get your orders and for my new book.
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it duts january 7th, available now on line for pre order. take a minute to check us out on twitter. you can follow us, go to our facebook page,inks to everything found at up next, harry reid and unleashes his fury on the white house. his potential successors as well and even redskins owner dan snyder. the "a-team" are next. ♪ ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a compx, global ecomy. it'just one reason over 70% of our mutuafunds 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 invting.
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themselves. themselves, lou. those democratic soldiers have now stepped out of line underneath obama's rain, and it is great because it is better for america, but they do not follow this president. his pro foreign policy lockstep. it is time for these elected officials to do their job and protect america. with the iranian sanctions, they do not adhere to any sanctions we have had previously, so there is no diplomatic process going on. i am glad that they stepped out of line from running behind obama. lou: and is this about iran itself, or is there a strong belief on the weakness on the part of this president politically and senators and congressman alike, democrats scared for their job >> i think it is witnessed by this administrion. the fact that this administration did not consult israel, saudi arabia, that did not talk to our toughest and strongest allies in the region,
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and i am not calling on the saudis but israel. why in the world would you still allowed the iranians to enrich uranium. why would you allow the opportunity to look at the 17,000 centrifuges that they have, the obama administration to might think these democratic senators are worried about their jobs and recognize that this is a terrible deal for americand the region. most importantly, a terribl deal for our dear friends, is real. lou: the white house threatened to veto the sanctions to read and a new gallup poll showing that 72 rcent -- if we can put that up, full screen. big government, the number one issue. people say it is the biggest problem that they country faces a, a government that is too big, out of control, and not being managed by this a master's effectively. >> the poll shows this is a bipartisan attitude. we have not seen anything like this in quite some time, nothing close to it, the fear of what can be don t americans by their own government and this
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president is extraordinary coming from obamacare. underneath it all there is a fear about what is going on in the middle east. lou: and other polls are showing generic republicans in congress and the senate winning in november, in addition to the basic principle of the democratic party big government, big programs, obamacare is a disaster, 53 percent, angela, of those who are uninsuredhink the program -- beat the program. >> obamacare cause republicans to wwn the house in 2010, and i think with this midterm election it is going to be obamacare again. we have the uninsur actually rejecting policy which is a problem for democrats. lou: cutting out the tea party in terms of facttrs concerning the outcome in 2010. >> no, i did not. lou: where did you go? forty you go? >> obamacare, obamacare -- of iran in 2010.
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but listen to the people of the tea party. i'm not counting out the tea party at all. lou: i just want to make sure. [inaudible conversations] >> the hatred of obamacare actually caused people to go to the polls. [inaudibleonversations] lou: i got it. >> one point. you are looking to save oregon. at the end of november they signed up 44 people. they spent $303 million advertising for the health care. lou: how many people were signed up? ourorget. >> forty-four. forty-four. people wonder if there squandering this level of money in one state to get 44 people to sign up. lou: and the head of the exchange their went on -- took up the to leave for a few months. there's will be longer than that. four of these exchange folks get the heck out of the business. you have a president sitting on top of a multi -- it is almost
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2 trillion in pontefract. this program is not delivering squad. how the world of the democrats going to survive this? >> the democrats are going to pay a price for this for a long time. they will start next year in the voting booth guy and that is just the beginning. this year of government was about obamacare, but it was mostly about this president dennis washington government that does not seem to get things right. lou: and getting things right, i mean, that doe not even seem to be on this president's agenda. if you look at the foreign policy, domestic policy, and by the way, not being in the logical. i, frankly, don't think that the republicans have showered themselves with glorr. sorry, angela, ron. but the fact is that this is an administration that seems to have set out to show you how exactly not to fction in government, how to govern. or, they frankly do not have any clue how to do it. >> here is my take.
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there isross incompetence at the staff level. the president of the united states -- [inaudible conversations] >> wait a minute. wait a minute. gross incompetence at the staff level not being able to tell the president what he needs to hear and it is his ultimate responsibilityo hire the right pele. [inaudible conveations] lou: i have to be honest. you are my good friend, and i respect your judgment on litics. i have to say to you, to blend the staff -- do you know how many stamps are involved here? every democratic. [inaudible conversations] lou: take leave of his and her senses. i mean -- p> and my good buddy will come right back its you and agree with you, but i'm talking about the white house. [inaudible conversatns] lou: you don't think the president knows what the hell he is doing. you just need a good staff.
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>> knowing how to manage. [inaudible conversations] >> i don't think it is about the fed. i disagree with you. i will tell you what the problem is. it is barack obama because he has decided he does not need a staff of one or tw people who will tell him whatthe wants and guide him where he thinks appropriate and the rest be damned. >> that's it. i agree. question tha is,t out of it? frankly, right n now, rhetorical because we don't have time for the answer. it is safe to say none of us have that answer. >> you're right. lou: unfortunately. anla, it is good to see you. >> you, too. lou: angela mcclellan. it is hard to figur how we got in such a mess so qck and the and how we will get out. thank you, folks. good to see you. up next, a frightening new report about the safety of one of our most popular foods. scientists making an astounding discovery.
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♪ lou: a troubling new report about this country's most popular and potentially harmful bacteria fou in 97 percent of raw chicken breasts inspected nationwide. the study from consumer reports finds that almost half of more than 300 store despot chicken breasts carry bacteria resisnt to three or more aibiotics, maki itore difficult to treat people who became ill after eating ccken with the so-called super bug. a new scientific breakthrough could change the way this
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country produces and consumes energy. my next guest along with scientists and engineers has found a way to produce crude oil from algae. normally a million-year process thathey have condensed to under one hour. that's quite a reversal of scale. joining s, president of jim of fuel corporation, a partn in with the pacific northwest laboratory on this fascinating project. jim, first of all, thank you for being here. and tell us, if you wl, and as simplest terms as possible f me, how this process works. >> well, lou, it is a proce at really mimics what the earth itself did t to make fossl fuels, except, as you said, we do i faster. it is a process that uses water, temperature, and pressure to convert elegy into crude oil. lou: i imagine that the real issue for you is one of scale. that is, the ability to create
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enough of this stuff to make it commercially compelling to the marketplace. >> well, that's right. and we are not really at the scale yet where we can make a big dent in this country's fossil fuel needs. lou: most of the alternative fuels out there in energies that are being, you know, supported, subsidized, upon which we all have great hopes, we are talking about minor fractions anyway. you have an exciting process and potentially an amazing product. house and -- what are you doing to get to that sca, and house in the you think you can reach both the marketplace and profitability? >> well, i was said that we could start making a asonable quantities of algae-based crude-oil in 3-5 years. and in the years beyond that
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reached commercial -- commercial price parity with fossil fuels. lou: wt is theegulatory environment for you, if i can use that expression? this is obviously an exciting ternative. if that federal government helps commanders, where is the marketplace? is this a matter of bringing in enough capital to your firm to move and to accelerate that 3-five-year horizon? where you stand as an enterprise? >> well, first of all, the federal government has sponsored and funded this research for over 30 years, so this is not a new startup technology, but it one that is a major breakthrough. now, to get to the commercial stage we need to not only be able to implement this technology come but we have to be able to grow the elegy on a large scale. think that wl be harder than scaling up this breakthrough
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technology for converting to fuels'. u: where are you growing the algae now? >> the biggest algae grow or in the united states right now is in new mexico. it is a san diego-based company called sapphire energy, and they have right now 100 acres of algae ponds, expanding to 300 acres in the mexico. lou: and that is the biggest producer in the country. are you trying to create your own, or are you quite content to have them be the provider of input from your process? >> well, when we started out we were doing both to my grilling and doing the fuel conversion, but we decided to focus on of tool conversion and advance the techhology. so we are not growing. we would use this a a technology that those who do grow algae would produce crude oil with.
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lou: and i want to conclude, if i may, by asking you your perspective about how big an operation will it be and what is your vision of this kind of fuel? >> well, this has the potential to supply at least 10% of the country's fossil fuel. maybe 10 percent does not soun like much, but it is a lot more than other available technologies like wind or solar, which are really only a few percent. lou: right, 3%. it is an exciting prospect, and we thank you for being with us. we wishou all the best of luck . adelle make some money. good to have you with us. >> thank you. lou: come back and we will talk more. thank you for being with us night. former congressman joins us here
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♪ ♪ logo. ♪ >> the nsa, get out of the way. tonight, the pressure is on. people are sayg enough is enough. ♪ ♪. he won welcome, everyone. i am liz macdonald. a panel appointed by president barack obama obama recommended strict lmits to the nsa spying program and this comes after a u.s. judge ruled the program unconstitutional. it looks like


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