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Transcripts For FBC Lou Dobbs Tonight 20140402

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Answer questions rangeing from why he originally blameed fbi for change could the talking points, altering them and distorting and destroying truck of matters. Truth of matters. Asked wited abouted his knowled roller benghazi. I dont remember. The timing of my awareness of that investigation. I did not know anything about what was going to with general petraeus. I dont remember, i i dont remember saying that there was briefings, again i i dont remember, but as i said, i would not be surpriseed if i briefed the deputies, on the 13th, that the attack had evolveed, i dont know when ones, you have to ask agency for that, but, it was coordinated. Lou moral claimed he changed what he calls certain quote insignificant editorial words, he admitting, his decision to ignore and email from a station chief in libya. And email that stated, clearly that there was no protests, that no demonstration occurred before the terrorist attack. Here is moral telling committee, that his analysts and dc in his judgment quote more compelling evidence than cia station chief and his people on the ground in benghazi all of that before he decided that he actual aagreeed with both views. 4 americans killed in a protest, he acknowledgeed against a video that de demonstrateors had not seen, an attack by al qaeda afilliated terrorist, who said were on the run. I would if im looking for thec kpr c kpr judgment about cia judgment about what happens in a certain case, i would go to my analyst, i believe what my analyst said there was a protest, and i believed it to be a terrorist attack, we never saw those two things as exclusive. And so, i believe both of those at the same time. Lou a difficult balancing act. Meral blames removal references to terrorist groups, on the cia Public Affairs office. And he claimed high had no knowledge of the white house plan to put then u. N. Ambassador use susan rice on 5 sunday morning talk shows with those distorted talking points. He pointed out, what the white house changed in the talking points and purpose of talking points for what audience would he have been e editing them and altering them . We have breaking news now. Fox news has confirmed a shooting occurred at fort hood, texas, a Senior Defense official tell us there is an active shooter who remains at large on the base. That military base, a shelter in place warning, for all personnel, still, it is still unclear the number of victims or extent of those injured or the seriousness of those injuries, local reports claim one person is dead, as many asfin 15 injurt we cannot confirm that,. Fort hood the scene of a terrific. Attack in 2009 major nadal hasan hasan, well bring you latest this story, as developments come in, we will kaoeuf you fully aprizeed. Turning now our first gift, said guest said that tragedy of whole taking points controversy it be on cureed into critical Facts State Department knew about the worsening situation in benghazi, for a year before september 11. It denied increased securities for the facilities. And following the terrorist attack, the white house knew, ansara alsharaia carried it out yet failed to go after that group of terrorists. Joining me now, general jack keane. Thank you, lou. Lou lets start with mike moral, his testimony, i found just, a man, who had denied much of what he acknowledgeed and admitted today, and at the same time, seemingly was artful in not giving up anything new. Your thoughts . Well i was very disappointed ed to discover that he had information from the field. Multiple sources. Primary sources who saw what took place. And others who are being reported on what took place. Chose to discount those in favor of a analyst this analyst, up unnamed is well thought of as langley. But nonetheless, i am astounded by that, and he chose to go with this analyst a judgment all the way to that week when we could not ignore it any more, all that said, mike moral, he has a great reputation in government, spent most of his years at langley, not in the field where he was getting the reports from, he may have some kind of a bias fur the Analytical Team because that is who he was. I am not excuseing it. It is a judgment thing. His judgment, was at fault. It contributeed to misleading information in the hands of the susan rice, and administration. Lou was the cia, under moral, under petraeus, and various cia director, particularly leon panetta, so little bitizee litt politicizeed by politics of its leaders, if could not function objectively. There seems to be a disconnect. When he went it the silv silly o story. Your thoughts . Well, we have to be frank, anybody that been around washington, d. C. Knows that this cia at times has been not a political but has been politicizeed. I cant get out all of the facts. But this much i know about cia. The people who work there, day in and day out, inelgin, and analysis they provide, people in feel who risk their lives on every day basis are extraordinary human beings, we have a 9 11 generation in cia because whatever happened, bringing down Osama Bin Laden is largely due to their great efforts. I resist getting involved in the politics of cia, i have opinions but not facts to support it. Lou i talk about the politicalization of cia i am talking about its leadership, political car, point. A appointe top. It is very disturbing in particular as it working out in the search for truth for example in benghazi. If we may, quickly turn to ukraine, and judgments that russians are capable of within hours notice of moving on eastern ukraine, and captureing it your thoughts . That is true, we have to take those capability, they put in place, they have doubled amount of forces they initially had in crimea, they can dominate if they choose, that is why general Supreme Court commander of nato, is so concerned he is looking at capabilities, were all trying to figure out putins intent, there are two options for putin, one is seize the territorys. Second thing is to continue to intimidate. What he wants for sure, is that the government in ukraine as a result of yanukovichs fleeing, he lost a friend, who was moving ukraine today russia and away from europe. Now that government is aligned with europe, he wants that out of there, this intimidation could be a way to achieve it or he may have to move in, seize territory and negotiate for his removal of that toree that terr. Lou general jac jack keane alws good to see you. Thank you, lou. Lou justices rules in a 54 decision that government cannot limit total aim of money that can be contributeed to candidates. Political parties and action committees. Donors are still not permited to give more than 2600 per elect for candidate. Supreme Court Decision just hours before president traveled to chicago to headline two dnc fundraisers tonight. Earlier he was in michigan pushing for a higher minimal wage, on wildcats stocks close on wall street storbgs closins stocksclosing higher to. Nazdaq up 8 points. Driving todays gains, an adp report that private employers added 191,000 jobs and march. And reviseed higher jobs numbers from previous months, crude oil closing down, and gold up more than 10. Posting a rare gain of latest. Amazon, unveiled fire tv, 99 internet video streaming box to compete with apple tv, google, chrome cast and. Chrysler today, today steping up recalling 900 thousand dodge durangos and jeep grand cherokees because of correction that may makerrosion that maye breaks difficult to use. New gm ceo on capitol hill apologizeing again. And old gm thinks that new gm is not doing too well. He is next. Lou General Motors and its new ceo are having a rough go. Republican congressman joe barton, questioning maria barra at a house hearing he wants answers. Is it your position now that General Motors will not accept parts that dont meet specifications. We will not accept parts that mighs thatmeal you answered. Lou barra on the hill, testifying before senate, accusing General Motors of fostering a culture of coverup. Joining us now, congressman barton there questioning barra. Good to have you with us. You called what you said gobbledygook was that true throughout . I think sh xi she wants to be forth coming, my suspicion she has been coached by legal team at gm because of possible liability to be as neutral or nonresponsive as possible. Without actually lying under oath. Lou she is covering up . I hope she is insere, there there is a new culture at gm, she pushes this investigation to tell her the truth. But, i can tell you this, the energy and Commerce Committee on a pwaeurbipartisan basis. Lou we have people who are dead and injured, and a company who knew about this 10 years, we have a ceo, as i was cheering she had guts to walk to the hill, answer questions, and testify. I could not have been more disappointed a you were, whether this is what when this is what came out of her mouth. This culture of coverup, you know i really cone give a damn about their legal teams, i dont care one wit, i dont think that congress should care about their legal team, there should be, it seems ts to me, i want to applad you all for trueing to get at drug, but this business of taking into account legal liability for killing people, because that is what this is about. Is absurd, dont you think . Look, lou, i agree with you. I still down condition understand how they could accept a part that did not meet their own specification, not once with yobuttwice, i said, it was not , it was like, only about a third of the force necessary to move that ignition switch. As a former energy, i am astoupbed they would accept, that i was disappointed with her answer when i asked how many more parts they are using right now that do not meet their own specifications, one is too many. Bottom line, they are line will, people have died they are line willliable, people have di, many people are injured, we need to figure out a way if it is possible to prevent this thing it is prevented, it should not be congress telling industry, it should be industry wanting to do the right thing from get go. Lou mary barra appears she doesnt to be tha be at that hie standard but higher stan dar dard. It does not matter what you do, with regulators, you need more honest people. I am on both sides of that testimony. Asking the questions like you did. And answering them as mayors barra did not. Well followup. And members on both my side. Republicans and democratic side are going to insist we get the truth. You know, murphy is a very honest chairman. With people like myself and john dingle well get to the strug. And strulg and yo truth thend American People can decide what to do. Lou thank you. Time for a look at last nights online poll results, we asked you, question, do you believe gms executive should be yield criminally liable . 86 of you said yes. 14 said no. Tonight a poll, question is, do you believe former cia acting director mike moral is an honest man . Vote at loudobbs. Com, later, well reveal our quotation of the night, and as you might suspect, it has everything to do with an honest man. Former governor sarah palin, slamming congressman paul ryans new budget, she called it a quote, joke. And then she said it was the definition of insanity. Her main problem with his blueprint for fiscal policy . She said, it does nothing to cut wasteful government spending. Were coming right back. Stay with us. Markets warming to deter weather, rallies to record highs, wall street veteran doug cotai on why bulls will run again. An upstart. Gotta get going. Gotta be good. Good . Good. Growth is the goal. How do we do that . I talked to ups. Theyll help us out. New technology. Smart advice. We focus on the business and they take care of the logistics. Ups . Good going. We get good. Thats great. Great. Great. Great. Great. Great. Great. Great. Great. all great i love logistics. Im jane and i have copd. Im dave and i have copd. Im kate and i have copd, but i dont want my breathing problems to get in the way my volunteering. Thats why i asked my doctor about breo. Oncedaily breo ellipta helps increase airflow from the lungs for a full 24 hours. 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Your money needs an ally. Lou breaking news as miseno fox news has confirmed a shooting has occurred at its foot hood texas that all indications at the moment it is a soldier on soldier attack. Local news reports now say the sugar has been killed. The military base under a shelter in place for all personnel. It is not clear the number of victims or the extent of their injuries but local news reports are cleaning one person other than the shooter has been killed in as many as 15 have been injured but those are local reports which we have not been able to confirm. We will bring the latest details as we receive them. Turning to the market yesterday closed at a new record high the dow jones closed missing a new record when next guest has a lack of systemic risk. The chief investment strategist for ing investment management. Nothing to hold them back . If you look treking global asset classs say you have Large Capital and did capri and emergingmarket is we saw a pattern this year with the markets but it hides the action that has been going on since february 1st. Markets did come back. Lou april has been the best month for the Dow Jones Industrial average. Do expect the save this april . What will happen . I am not afraid for asking for a the shortterm forecast. Said corporate earnings is the best Fourth Quarter in a few years so eightpoint 5 now with First Quarter earnings season and some llord expectation lower expectation. If they keep exceeding they will do it again. We had the good unemployment report today with good auto sales. The good news just keeps coming. It seems like were in a Virtuous Cycle of good news of the market is taking a breather but i dont see the systemic risk. There is no risk like the euro crisis holding us back. Lou i think the shorts drive the Business News media because the focus is unrelenting. With those warnings that beginning to mount also the high levels of margin. There are some and pediments to the Straight Line up as always but there seems to be an ability to overcome all of this even if only slightly. Do expect that to continue to the rest of the year . Where is that catalyst . I see it as a broad Global Experience of the emerging markets. When i talk to investors around the country dont know the Global Economy has doubled over the past decade. 35 trillion up 73 trillion so there is strong fundamentals but it is driven by the Global Economy. Lou as we end quantitative easing we are about to get a boost from the europeans and the haitians as well. We will see. Great to have you here. Listen to my Financial Reports three times a day coasttocoast of the salem radio network. For all the biggest marketing and Business News. For location being everything when donnish community that is beyond from using machinery needed to move the house they used sheer manpower just about 80 men in the home moving it onto a concrete structure. It is amazing. And it worked. A little labor intensive but it worked. We will be right back. Remarkable. Of all the decisions in front of the Supreme Court they decided to free of money for a congressional campaign. Next for question, how much money do you think youll need when you retire . Then we gave each person a ribbon to show how many years that amount might last. I was trying to, like, pull it a little further. [ woman ] got me to 70 years old. Im going have to rethink this thing. Its hard to imagin how much well need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. If we want to be ready for a longer retirement. 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Mark, from new york radio talk show host than Talk Radio Network nationally syndicated host and all americans on a cut, good to see you. And the president is on a victory tour. Finally crossing and got to his goal. Have never seen so many people happy to celebrate a disaster. The numbers 7. One that was referred to yesterday as the phony number is up in the air as to how many have paid lou to his credit ease says the number is phony. [laughter] we all believe including the president , he took a victory lap 04 what is a structural problem is very real and they are not going away. But they will kick in as the year progresses we will see their rates going up right before the election. Lou this sounds like conservatives are not mentioning names to move the goalposts. What about the 7 million . Issue right . Techno. She is not what is the general the . Just like music pelosi a food channel the Founding Fathers you told us what a milestone today was in people saying we will not talk about obamacare again. Yesterday was the last big day but we will see as we move to november. Lou is a role for . Mission accomplished . [laughter] not only 7 million but 7. 1 billion every Insurance Company will tell you 20 percent will not follow through. They cannot give us any breakdown if it is the young people. Here was jimmy fallin last night putting it in good context. That is right the white house says it has surpassed four people enrolled is amazing what you can achieve if you make it mandatory and to give a fine if they dont do it and then extend the deadline for months. [laughter] lou he nails it. Civic you know, when it is too late well when they call live obamacare. Lou i got such a kick watching nancy pelosi sake dont call it obamacare. She is fleeing the us cent the scene of the accident occurred numbers are down for the elderly she said we will not speak about it now we will pick to jobs which is the a team million parttime. Lou sarah payment . Now calling the ryan budget a joke she was not nancy words. Idle think it is the joke and i differ. Lou i cannot believe she would say such hurtful things. [laughter] but i dont get the budget either i dont think it is a serious attempt to reduce the deficit. I am not on board with him on this. Lou what about you . It is not what we want but what became get probably. I watched house of cards for two seasons did anything can come not. Lou i dont think of a cameo role for paul ryan now he has moved to illegal immigration to embrace the data base plan for amnesty just hitting one home run after another now becoming the chairman of the ways and means survive that to be the most powerful republican but to understand the blueprint there are serious data set in type of reform to remove government control but sarah palin has a point. I have a special spot in my heart for paul ryan but not to do with the here in now or the current budget of the saddle is projecting into the future that a future president. Lou in two decades we will get serious. Lou the ones i ian for hundred palestinians to all little trade at the americans request and american gets nothing but the palestinians and israelis Start Talking again or continue to talk. Maybe. Really . This is diplomacy . All the years i was on talk radio he has been in the new census started. He is a mythical figure in to hear his been thrown around i thought i was transported 25 years ago. Lou i am deleted delighted you go down memory lane. Is it good or bad . No. John kerry is seen as the bigger joke sam the president obama. Even pollard has rejected the terms. [laughter] he has rejected the terms of this deal. You will not bring up palestinians and israelis to the table with this simic hundreds of millions of people in this country but we sent john kerry to handle this. Lou a tough group to night. We appreciate it for quite pennsylvania expected to make a full recovery as a tree trimmer. He was impaled by a chain saw that came within centimeters of the major artery in his neck as he was cutting through a tree limb and then jumped back. He only needed 30 stitches but obamacare would be helpful. You believe the acting director is an honest man . Go to lou dobbs and. Com with think the petition of the evening kim door is of men just frame of mind and a good tone of breeding is a quality that belongs equally to the honest man and to the gentleman. Up next the fbi has an investigation into highfrequency trading and the damages is causing to your investments. We will find out next. Work with equity experts. Who work with regional experts. Who work with Portfolio Management experts, thats when expertise happens. Mfs. Because there is no expertise without collaboration. Mfs. But with less ergy, moodiness, i had to do something. I saw mdoctor. A blood test showed it was low testosterone, not age. We talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. Axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. 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And because usaacommitment to serve current and former military members andheir families is without equal. Begin your legacy. Get an Auto Insurance quote. Usaa. We know what it means to serve. Lou more breaking news out to other foot hood as senior to a parent defense official has said that one person has been killed in the shooting of 1430 long dash 14 others have been injured after fox news was told by a Homeland Security official it was a soldier on soldier shooting. Were still working to confirm the dead person is the shooter. Initial reports from news affiliates he was killed. Witnesses tell fox news 20 shots were fired near the first medical brigade we will have the latest details as soon as they come. Stay with us. The fbi and the sec has launched an investigation into highfrequency trading. They are engaged with insidertrading as well. To talk about highspeed trading is columbia law professor whitecollar crime expert, ed jack a great to have you here. Willis has kicked the bucket on this is getting all sorts of attention for highfrequency trading but we have been reporting about this for a long time. Water your thoughts . He is a genius at marketing. But sometimes they engage in hyperbole and i think it is promiscuous hyperbole to say the market is rigged. I think they have narrow spreads from the old system. Lou the spreads the prices offered when the ball i order, but the real cost of trading is the spread. Lou we watch the market go up 32 somebody did well was that just highfrequency traders . I will be careful. I think there is a problem with highfrequency trading that the exchanges the sec should bear responsibility because they allow them to have parity with the highfrequency traders. If they pay an arm and leg to the exchanges to get information first thing they will use that information that may not be desirable but does not make the market rigged. Lou somebody listens they paid the exchange, the markets to make a market that is faster for them and slower for every body else . You can do that . Be very simple. Buchanan called the in new york stock shane to put your preprogram the sir next to theirs if it is to feed a way can transmit faster than anyone else is you can buy information to get a faster than the rest of the world eyehole. Lou when i noted with a report i did not hear about the exchanges except the competitive aspect or to slow it down so there would be an equity. Whats in the world is going on that people could buy access . I thought a Retail Investor had primacy . That was the original system they were subject but the other is not so limited and we are seeing a problem because the exchanges are intense competition that they cannot raise the price of services but to sell the priority to information. Now they have been prioritized have a strong incentive to maximize revenues. Lou everybody comes together with the exchange itself with profit maximizing priority. Guess where the Investor Relations . The sec . And has been very slow but increasingly this is getting attention the sec cannot respond to attention there is allegations of Insider Trading but there maybe a scenario we see people cheating to get the information normally they just buy it plain and simple lou hiding in plain sight. Thank you. Good to see you. Up next my commentary on the former cia chief involvement with benghazi what does everything mean to you . With the quicksilver cash back card from capital one, it means unlimited 1. 5 cash back on everything you purchase, every day. It doesnt mean, everything. As long as you buy it at theas station. It doesnt mean, everything. Unl you hit your cash back limit. It means earn 1. 5 cash back on every purchase, every place, every occasion, all over creation. Thats what everything should mean. So consider. Whats in your wallet . Lou the testimony of former deputy cia of director was just awful to witness. Terrorists killed four americans in benghazi september 12th long dash september 11th. The impenetrable stonewall round the tragedy for checks those responsible for it. Former secretary of state clinton in july between troops and respect for those who die in service to our nation. She drew the line in bright colors when she would ask rhetorically what difference does it make whether we know what happened or who killed our fellow citizens . That makes all the difference in the world whether a free Society Still cares to death to demand answers to the hard questions from its government. Whether Public Servants hold a sense of obligation to those whose sacrifice to the citizens they serve and to a truce. Once the acting director of the cia did not serve truth or the nation or the cia well. During todays hearing morrell he was asked he appeared before congress and it did not at that time it mitt he changed the benghazi talking points. Now yearandahalf later this is as close to truth as he would dare go and ask all of us to except tim now has the opposite of the man who appeared before congress more than one year ago. Today admitting he did then not stand up for a truce but then was not an honest man. To be fair in retrospect what i wish i would have done was to say to you, chairman i dont know who took al qaeda and out of the talking points but you should know that i made a number of changes to the points. Lou he changed the talking points on bang gauzy that the storming of the consulate was is carried out by protesters and said the move would be speaking in his words but yet he did not mention there was a divided view within the Intelligence Committee that put have been just as good to serve trews better. It also prevented the Cardinal Rule of intelligence to go with the source on the ground, his own chief of station in bang gauzy rather than those who dont know firsthand. Mr. Obama has been fond of blaming president george bush for failures the and calamities. But this time he could use some logic and evidence on his side. Mr. Bush was so depressed with the morell daily briefings in cuba was the first to place al qaeda for the september 11th attacks in 2001. Odd . He lost much of his into wouldve powers or perhaps he lost Something Else when confronted with another september 11th, 11 years later. Take a look get your thoughts. Some of the top responses to the poll question. Do believe gm executives should be criminally liable . I thought the government was in charge . Prosecute spend lecturer as long as it includes the uaw and federal bureaucrats to ram the company after the takeover. Lou over the obamacare announcements to michelis the president chose april fools day to give us the numbers. Lou however prayer. Email us at lou loudobbs. Com, twitter. Go to facebook and links to everything that the dogs. Com free copies of my new boat upheaval to the authors of the comments that we reach night. Think you for being with us tomorrow house Intelligence Committee member and an astrophysicist we hope to see you then. Thank you for being with us today. Good night from new york. Gunderman group is a go. Yes not just a start up. An upstart. Gotta get going. Gotta be good. Good . Good. Growth is the goal. How do we do that . I talked to ups. Theyll help us out. New technology. Smart advice. We focus on the business and they take care of the logistics. Ups . Good going. We get good. Thats great. Great. Great. Great. Great. Great. Great. Great. Great. all great i love logistics. agent i understand. dad weve never sold a house before. agent ill walk you guys through every step. dad so if we sell, do you think we can swing it . agent i have the numbers right here and based on the comps that ive found, the timing is perfect. Theres a lot of buyers for a house like yours. dad thats good to know. mom im so excited. Tomorrow. Dell the president is back to pushing a higher minimum wage what about pushing for more workers . Welcome, everybody. I am neil cavuto. We have this backwards. With the idea to get the job then discuss how much more they should be getting as far as i can tell that is the problem. But millions of americans out of hope in and out of work in the white house job strategy picture being a boss right now

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