attorney general s resign 86. now, they are working to pass a resolution saying publicly they have no confidence in holder. joining us, republican trent frank of arizona. thank you for joining us today. thank you. shannon: the attorney general has testified now a number of times on capitol hill about operation fast and furious. have you gotten the answers you are looking for? well, shannon, we really haven t. you know, to say this this attorney general has been less than candid is probably the kindest phraseology i could possibly use. a lot of times people simply don t understand what the whole term fast and furious really entails but this was a project on the part of this administration to force gun dealers to coerce them into selling thousands of high powered weapons to gun runners to go to mexico and sell these to the cartel of mexico and the whole notion, of course, may
he has to fight for the nomination. wide ranging interview. we talked about the issues that he faces in the republican primaries. i think the part that interested me the most, though, was talking about what he would face if he does become the nominee against barak obama and the idea that they re going to go after him as a fat cat. in fact, i even said, maybe his gordon gecco, greed is good. and he said, they re absolutely going to go after me about that and this was the lead of the interview, if i may, the democrats and the president are going to put capitalism in on trial. they re going to question everything about capitalism and the fact that people get laid off and businesses close and all kinds of things happen. but that s part of why the free market eventually works. that he s happy to have that conversation cause he s going to say, i know how an economy works. you don t. i ll make it better. you made it worse. shannon: i think people will also see a side of him that they proba
know that we can t pay for it off the backs of our federal workers who have already enjoyed a pay freeze for two years, not enjoyed it, they suffered through it. but we could easily pay for it by dealing with the tax cuts at the high end of the tax bracket. we certainly could do that. and yet, republicans seem not willing to consider that as an option at all. shannon: how do you respond to their argument that you re talking about people who are small business owners and people who create jobs and that the tax burden is on them, the jobs may decrease. that s really not true. we re talking about individual earners at 500,000 or a million dollars, even which i think is rather extraordinary. i think you could go over $250,000 and not impact 98% of americans. it s time that we did this. most of the american public actually believes as i do that we can deal with the pay force
shannon: as one much most exciting and sometimes controversial gop figures in recent history, sarah palin has been able to mobilize new demographics of voters and create a new new ones on the way. her endorsement for 2012 candidates could severely tip the scales. joining us is the former governor of alaska, sarah palin. hour number two of america s news headquarters starts right now. shannon: there are just 16 days remaining before the iowa caucuses. the republican candidates are busy campaigning this weekend. we have got live fox team coverage of the candidates stumping. they are out there trying to gain ground. steve centanni live in d.c. and carl cameron live in iowa. we kick it off with carl in des moines. the leadoff caucuses going right down to the wire and as
solidly pro-life, pro-family, a tea party conservative, went out and embraced the tea party folks on april 15, 2009, the day of their really launch. and has been the nation s balanced budget job creating governor. we feel like that along with our strong grassroots in iowa, we re in the midst of a 44-city bus tour is really going to build on momentum we ve seen in recent weeks and carried on in iowa. shannon: we will see you both 16 days from now. thank you both for your time today. thank you. shannon: last time mitt romney sat down with a fox news anchor, things got a little testy. today he did his first sunday show interview in almost two years. i ll get chris wallace s take on his one on one with the gop hopeful next. and we picked a good twitter question for you. we ll talk about it throughout the show. is there a place for tebowing in