gregg: i'm thinking not! >> good luck, buddy! gregg gregg: juan williams, great to see you. jenna: fox news -- alert o'clock back out to california where we're watching brand new video of a rescue happening off of what looks like a mountainside, mount -- let's see if i can get the name -- in montrose, a search and rescue team, and again, this is in devil's canyon near mount watermain, three hikers went missing yesterday overnight, search and rescue is out there looking for them and apparently just found them this morning. apparently you can see quite a rescue taking place. three men lost. more details on this dramatic search and rescue, right after the break. mig hey everyone i'm megyn kelly, more stunning video of the aftermath of irene, the latest from vermont, new jersey, and absolute devastation in upstate new york. >>> alarming polling data for president obama in key battle ground states, slipping support with ohio, virginia and other states he won in '08. can the president find a path to victory? we investigate. >>> should unattractive people be eligible for affirmativ

i do -- with senator gregg because he knows more about it. if one of the lessons i learned in washington is it is almost impossible to get something big and difficult and controversial gun without a crisis. -- done without a crisis. twice we got congress to act, and they did it before the system collapsed, but it took a crisis. and even if the vast majority of members of congress, in my judgment, understood the deficit and were determined to disarm the about it, it would still be an ugly process to get there. it would take time and be an ugly process. i will get to the tea party. i get all of my republican friends and democrat friends -- mainly democrats -- asking about the tea party and trying to put me on the spot. i start off by saying -- you know what? the tea party did not come on to capitol hill with guns and take over by force. they were elected. elections have consequences and voters from both parties respond to the people who voted for them. and there were a lot of people came in the last election, the voters wanted them to come in a

caller: hi, gregg. does the fbi sometimes get their information wrong, with a wrongfully accuse someone of something? i will bring the case up, i don't know if you have anything to do with it or anything. [unintelligible] the that's not familiar? guest: does not sound familiar, but go ahead. caller: he was in chicago, and basically they said he had something to do with the brothers -- they did a movie called "casino" that had the same idea. his wife convicted him. he swore he did not do it, but basically, was doing 200 years, and john gotti followed with him later. there are not connected, i don't think -- host: are right -- caller: i would like to vindicate him, because they went after hand, and maybe he got -- maybe he was responsible for, like, tax evasion and those things that those guys do, but they got him for killing a mother, and one of the brothers is on trial -- killing a brother, and one of the brothers is on trial -- ho: we will take your point about wrongful information. guest: certainly we

gregg jarrett, here with the very latest. gregg: police initially thought this could be a hate crime driven by antimuslim sentiment. now, though, investigators think a love triangle may have motivated the assassins. details are scarce here but our sister publication new york post saying a custody was taken into custody last night. najish nirani and her husband were taking their son for a stroll in the new jersey community of boonton, suddenly they were ambushed by a blaze of gunfire, the woman killed instantly, a bullet to the heart and her husband, seriously injured, he remains hospitalized. four gunshot wounds. the child luckily, amazingly, unharmed, though covered with his mother's blood. verbais told police there were three attackers, they say the target appears to be specific, the family is muslim, was wearing pakistani clothing when they went for a walk after the istar that brings daily fastings during the season of ramadan, they had been visiting family in booneton, a tiny edge of passaic county, a large pakistani comm

good morning. >> reporter: you're absolutely right, bill, catherine gregg today pleading not guilty, essentially saying she is innocent of these charges after 16 years essentially on the run with james whitey bulger, this accused bob and mobster. she says that she is innocent. the prosecution, however, has a different story, she believe that she used multiple false identities to help conceal herself while on the run, as well as james whitey bulger, identities from names like carol gasko, helen march thal, chairl shaifen, mrs. thomas baxter and the list goes on. gregg's attorney says they would be taking this to trial, that they would not be cooperating, kevin runnington saying at this point she's holding up well. she faces five years in prison and a few years of supervision after being released if she's convicted on these charges and a $250,000 possible fine if she is convicted, and then they should be a free woman after those five years if indeed she is convicted. bill: what's next for whitey bulger, molly? >> reporter: he remains in federal custody as you would expect facing seriou

because gridlock at least stops politicians from doing additional stupid things now in the long run gregg lock is a problem because we had desperately need to fix these entitlement programs this giant unfunded liability that the politicians have given us and that's clearly not an issue for the fed that's something that has to be done in the real sector of the economy so i am not optimistic i think that america unless something dramatic happens we are basically baked into the cake as we say we're going to become another greece within ten twenty thirty years and i don't have the exact they your if i get i'd probably be a rich wall street guy but i know that the the prognosis is very graham ok patrick kennedy there are some pundits out there and experts who say that this is really a political problem ok obviously that's if there's a financial crisis going on here but it's a it's not it there's no way a monetary solution is a political solution and it has to have leadership in washington and i would say in europe we don't have leadership in either areas. look the situation is exactly that pet

gregg: seized the day. martha: he says you can't just go into walmart and take what you yuan and leave! gregg: good for you. "happen position now" begins right now. martha: see you tomorrow, have a good day. jon: a very big couple of hours ahead, we begin with this fox news alert, the journalists have been freed, foreign journalists left their hotel in -- the rixos hotel in tripoli after being held there by forces loyal to moammar qaddafi. one of ours was held there and we will speak to him as soon as it's absolutely safe and we can make the connection. >>> and new informs just coming in on the track of hurricane irene, as well. good morning to you, i'm jon scott. >> jenna: hi everybody, i'm jenna lee, we're here in the fox news room and "happening now", we have big news from overseas and here, hurricane irene is a dangerous category three storm and headed for the bahamas after ripping through the carribean eye lawns. jon: that was a category one when the center blew through but it was strong enough to rip

i do -- with senator gregg because he knows more about it. if one of the lessons i learned in washington is it is almost impossible to get something big and difficult and controversial gun without a crisis. twice we got congress to act, and they did it before the system collapsed, but it took a crisis. and even if the vast majority of members of congress, in my judgment, understood the deficit and were determined to disarm the about it, it would still be an ugly process to get there. it would take time and be an ugly process. i will get to the tea party. i get all of my republican friends and democrat friends -- mainly democrats -- asking about the tea party and trying to put me on the spot. i start off by saying -- you know what? the tea party did not come on to capitol hill with guns and take over by force. they were elected. elections have consequences and voters from both parties respond to the people who voted for them. and there were a lot of people came in the last election, the voters wanted them to come in and change government. and

gregg: so many more. martha: thank nor being with us, everybody, we will ao*e see you right back here tomorrow. "happening now" begins right now. have a great day. jon: and brand-new information coming in right now on the track of hurricane irene, good morning to you. i'm jon scott. jenna: i'm jenna lee. hurricane irene is barreling down on the dominican republic as it heeds right towards us in the united states. the powerful storm is lifting up high waves and unleashing as you can see torrential downpours on the resort areas. jon: irene is a category 2 hurricane right now but getting stronger as it heeds for the turks and caicos as well as the bahamas. jenna: forecasters say irene could grow to a category 3 today, meaning it would have winds as high as 130 miles an hour. that is strong enough to damage roofs, blow down shrubs and trees and cause extensive damage. jon: a category 4 storm which irene could very well become before it hits the u.s. packs winds as high as 155 miles an hour. here is an illustr

senator judd gregg. [applause] >> the first question to each speaker comes in the previous secretary. last week we welcome robert rice to have the following questions ch.-- robert reischau >> you get to pose a question to our next speaker and the next speaker -- maybe this is a site with your next question -- but our next speaker is your dartmouth classmate and former treasury secretary henry paulson when. is sitting in that chair, what would you like him to answer? [laughter] >> i have two related questions. why in the wall street bailout did you got condition those funds on wall street doing several things it needed to do, the delay with regard to mortgage mitigation and making money available to main street through small regional banks? also, putting some constraints on lobbying by wall street firms, particularly during the time congress was trying to reform the financial system? [applause] secondly, after you explain all of that -- [laughter] i would like you to tell us whether the social benefits of

look at judd gregg from new hampshire. he stepped down as a senator and has now been hired by goldman sachs and they're giving him a lot of money and they are taking a thousand jobs from our economy and moving them overseas. he helped to write the bill that gave goldman sachs millions of dollars and now they are rewarding him. we are not seeing what they are really doing. i had my fingers crossed that the commission would have some reasonable, moderate individuals on there because our country was once run by moderates individuals. republicans and democrats both. host: is the obama white house planning an october surprise for next year to give the president's reelection campaign a boost? right below that is this item. and in "the hill" -- deirdre tweets -- cincinnati, ronald on our independent line. can or should washington do more to help the economy? caller: yes, they should. don't you think it's about time to put money back into the country by getting jobs for people? host: how would you like to see that happen? caller:

president, thi this closely follows the recommendation of senator gregg and i from five years ago to create a commission empowered to bring to a vote in the senate and the house a plan to get our debt under control and to do it so that you wouldn't have the endless process that our current situation requires. mr. president, the idea was to create a brac-like system so that a proposal could come before the senate, could come before the house to get our debt down. it is modeled in many ways after the reconciliation process that was designed for deficit reduction and only requires a simple majority vote. there is a failsafe. if this committee fails to produce a result, the failsafe is across-the-board cuts in defense and non-defense spending with exemptions for social security, veterans, low-income people, and it limits the medicare reductions to 2%. mr. president, i would prefer that the medicare reduction not be there because there is no revenue that's assured in this plan. but we do have a have a failsafe. we do have to have some assurance that the savings are actually realized. and

beginning at noon, and david gregg. wellcome's -- david gregory welcomes john kerry and john mccain. then, alan greenspan and former white house adviser austan goolsbee. at 1:00, the ranking republican on the senate budget committee. also, gloria steinem and the u.s. ambassador to syria. fox news sunday rears at 2:00. chris wallace talks with the house budget chairman paul ryan and tim pawlenty. at 3:00, the former republican presidential candidates steve forbes and the former director of the national economic council in the obama administration, larry summers. also, california gov. jerry brown and tom davis. at 4:00, it is "face the nation." bob schieffer talks with david axelrod, howard dean, and lindsey graham. the five network tv talk shows are brought to you as a public service by the networks and c- span. irs begin at noon. you can listen to them all on c- span radio nationwide on xm channel 119. you can download it as an app or go online to c-span.org. >> did you get eight weeks of vacation this year? i did not.

senator gregg was just a key member of the commission. it is no doubt by far the big structural issue in the united states is our fiscal deficit. it is a formidable issue. coming back to the bowl since then deficit commission, i think what they show to the rest of the world is what a lot of the markets already understand. we are such a rich country and such a big economy that if we act soon and there is a shared sacrifice, we can solve the problem by exporting the sacrifice brought different segments of our country's social upper passed to sacrifice too much. the longer we wait, obviously, the more difficult it will be. what do we have to do to get our fiscal house in order? i think it comes down to -- we need to grow. when we go about it, we have to reform entitlements. we have to reform a tax system. we have to reform a tax system so it gives us the revenues we need and give us growth. i start off by saying, despite all the criticism and how poorly the government performed and all of that, i think the criticism is deserving. let me tell

. >> gregg there. >> katanga steve, will davis with the united nations office in washington, d.c.. a quick question for the ambassador and the other panelists will want to comment does the u.n. peacekeeping mission monusco in the drc have the resources necessary to carry out the rule it's been asked to do in support of the elections since the indian contingent has announced they're taking on their helicopters are they going to need to divert resources from their already very mandate occupy an activity of the protection of civilians in order to help and election? >> thank you. right in the front there. >> woodrow wilson center. i wonder whether one can punctuate the members of the panel to talk about politics. in other words why have we moved from two rounds 281 round system why are the elections lists unavailable? is indeed a little -- isn't it unrealistic for the meaning of the congolese to assume, which it seems to me is the assumption behind some of the statements made that this is all inefficiency, coming late to the table and is there no system behind all this? i think if you

gregg: lots of hugs and kisses there. have a great day, everybody! "happening now" begins now. >> jon: we begin with this fox news a back up a short time ago. >> jenna: you've been there several weeks, and i don't know how you might take this question, but is it scary? are you afraid of where you are now, does it seem like the pressure is increasing as far as what's happening with qaddafi forces and the rebels? >> >> reporter: i think the pressure is beginning to increase, only because when we were operating here, before, we had a heavy security presence, everything we did, and last night the fighting was close and heavy, and now we're in this position where we aren't getting much information from outside and it's been very hard to get information out. i'm on one of the few phones still working here. so it is tense, and it is edgy, and you know, the people who are guarding our complex say they're here for our safety, but when we ask if we can go out, we're told no, that's not possible. jenna: tadek, we'll continue to be in touch with you as far as up

gregg: that's really dumb. don't do that. martha: thank you for being here, everybody. "happening now" starts right now. have a good day. jenna: we start with this fox news alert out of libya, brand new developments, on the one hand, you have reports, reports that the rebels inside libya have this man, qaddafi, surrounded in the residential compound. those reports are unsubstantiated at this time and we have this just coming to us from the associated press, the spokesman for moammar qaddafi, telling the a.p. that qaddafi is safe, healthy, his morale is high, he is indeed leading the battle for our freedom, and independence every day. so one consistencey in the story seems to be the inconsistencies of reports coming out from inside libya. we have a live report from our very own steve harrigan, straight ahead. >>> first a fox news weather alert and brand new information coming in on the track of hurricane irene. it's one of our big stories this week. we're so glad you're with us, i'm jenna lee. rick: i'm rick folbaum in for jon: jon scott and irene isa category three, gro

gregg: i'm gregg jarrett. just when it looked like things were settling down, a big loss setting the dow on a tail spin. that's down 14% since its high almost 4 months ago. martha: the world respond. look at germany down more than 3%. you have got new fears there could be another recession, global recession and that may involve the united states as well. stuart varney joins me from the fox business network. what are the indications? >> reporter: your 401k will lose ground at the opening bell. other markets are also moving sharply as well. the price of oil way down again, this morning it dropped below $80 a barrel. that's interesting news for gas prices. they are likely to fall towards labor day. the standout on the markets is the price of gold. it's up to $1,865 an ounce. up another $30. it's up $220 just in the month of august. these markets are going to be all off the place today. it's friday. investors will be saying do i want to hold stocks over a 2-day weekend when i don't know what's going to happen? mar

caller: hi, gregg. does the fbi sometimes get their information wrong, with a wrongfully accuse someone of something? i will bring the case up, i don't know if you have anything to do with it or anything. [unintelligible] the that's not familiar? guest: does not sound familiar, but go ahead. caller: he was in chicago, and basically they said he had something to do with the brothers -- they did a movie called "casino" that had the same idea. his wife convicted him. he swore he did not do it, but basically, was doing 200 years, and john gotti followed with him later. there are not connected, i don't think -- host: are right -- caller: i would like to vindicate him, because they went after hand, and maybe he got -- maybe he was responsible for, like, tax evasion and those things that those guys do, but they got him for killing a mother, and one of the brothers is on trial -- killing a brother, and one of the brothers is on trial -- host: we will take your point about wrongful information. guest: certainly