mike emanuel, thank you. jenna: fox business alert on a hot issue concerning china. a lot is made of china owning debt in our country, but now there's a big debate over whether china mayo thousands of american investors trillions of dollars. joining us now, fox business network's peter barnes. peter, you're not one of those investors, are you? >> reporter: no, i'm not, jenna, but i've been digging deep into this very interesting story. china issued government bonds before world war ii, but it defaulted on them after japan invaded china in 1937. now with america's debt to china topping a trillion dollars, a group of american investors is demanding china pay up claiming its holdings are worth billions today, maybe even trillions too. >> come to the table. negotiate an amicable resolve of this issue. pay your bills, pay your debts just as we, the american people and the u.s. government, pay ours. >> reporter: it's a very complex legal and foreign policy controversy that's been dragging on for decades. when china issued the bonds, it said they'd be honored by successor g

it's our wellness for life program, with online access to mayo clinic. see the difference at avivausa.com. i've been crisscrossing the gulf i can tell you, down here,. people measure commitment by what's getting done. i'm mike utsler, and it's my job to make sure we keep making progress in the gulf. the twenty billion dollars bp committed has helped fund economic and environmental recovery. another fourteen billion dollars has been spent on response and cleanup. long-term, bp's made a five hundred million dollar commitment to the gulf of mexico research initiative... to support ten years of independent scientific research on the environment. results will continue to be shared with the public. and we're making sure people know that the gulf is open for business - the beaches are beautiful, the seafood is delicious. last year, many areas even reported record tourism seasons. the progress continues, but that doesn't mean our job is done. bp's still here, and we're still committed to seeing this through. >> alisyn: five of the nation's largest banks paying o

let's bring in governor mike huckabee now who is here this morning. in a few minutes is he going to quiz us on the cinco de mayo quiz first one of us will go to the dunk tank. first let's talk about politics this morning. interesting stuff coming out of the obama campaign and imaginary web woman. >> this is something her name is julia. sometimes company will do this to say perfect customer. julia, 35, two kids at home. this is what this seems like and they are sort of, i don't know, targeting her in some way? take us through this. >> well, first of all, quite appropriate we now find out that barack obama in his book dreams from my father that girl he described had such an influence she was a composite? is something the president has a history of. composite friends and composite girlfriends and campaign target. julia is this woman. whole life. she is a very lonely person. and if it weren't for barack obama and good old uncle sugar this would be the loneliest lady that ever lived in america. some republicans have come and taking handoutsouts from start

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lawmakers on the hill mayo pose that request. a new pole shows public support for the war is dropping. millions of older americans may not be seeing an increase in social security checks next year. social security trustees are protecting joe co no cost of li increases for the next two years. that hasn't happened since cost of living adjustments hasn't happened since 1975. i am kimberly guilfoyle now back to geraldo at large. for all of the headlines go to foxnews.com. you are watching the most powerful name in news, fox news channel. >> it is being orchestrated it is a game and people who pay attention know that away in which the new york state senate was written that we are not in the post racial period. the reality is the next victim will see it coming is president obama who did nothing more than try to reform a healthcare system. >> welcome back to the harbor view hotel. over looking harbor view tower one of the most beautiful places in the world in the last summer months. that of course maybe not of course, those of you outsi