Transcripts For FBC Lou Dobbs Tonight 20140312 : comparemela

Transcripts For FBC Lou Dobbs Tonight 20140312

Sink has a well established fundraising base that was able to spend 4 times as much on Television Ads than her republican opponent, but jollies campaign focused on failures of obamacare and made a concerned effort to paint sink as a clone of president obama. Jolly closing from 13 points down in polls in december. To a dead heat, as voting beings open today. Well have results for you, as they come in here tonight. White house. May have helped mr. Jolly today, Obama Administration announcing they are far short of their obamacare enrollment goals, 4. 2 million americans have enrolled through end of february, 25 of those, are socalled young, invincibles, that is highly unlikely that will meet their enrollment target of 7 million by time open enrollmentens on march 31. The government is not keeping track of those vy important numbers. To try to reach more young people, to enroll in program, white house, decided to take a highly controversial and risk i Public Relations gamble. Present giving an interview to a come eadian for as a talk sh show. The president , trade insults. I have to know, what it is like to be the last black president. Seriously . What is it like for this to be last time talk to a president. Hard in two years when you are no longer president , and people will stop letting you win in basketball. How does it feel having a 3 inch slert call. Out of the way. Vertical. Wha what did you come here it plug. Fair to say, they would not be with you, if i didnt have something to plug. Have you heard of the afford be a care act. It does not, why would you get the guy that created the scroon to make your web site. Site. Lou president obama already attacking criticism for that interview, some calling his appearance inpresident ial. Joining us, judy miller, former member of george w. Bush senior staph brad blakeman. Judy, what do you think that of the appearance. Controversial helpful . Oak awkward, unpresident ial. Desperate, president obama needs single out this floating target, the youngin invincibles, he did that by giving this interview. Lou all of them. A lot of them. According to the white house. Largest single driver to obamacare web site. Lou how many. 4 million they said, but we dont know how many are just having a look. And how many people actually enroll. Lou i have to have a little fun, when white house does things like this, they wont tell us the real numbers. We have no idea brad your thoughts. A lot of dry humor. Well, if a president had something to be funny about, perhap its would be funny, there is nothing funny about obamacare, though people, that same young people who tuned in, to see that, same people who slowdown in the highway to see a wreck, they saw a president , whoa desperate, and somebody who cannot appeal to them because their parents tell them, were not paying 3 grand to have you insured. Whether can pay 95 fine. It does not meet metrics of their households. Lou the very people that the president said he is trying to appeal to were those getting screwed. Absolutely. Lou this is a absolute organized, robbery, of the young people, 18 to dollars dollars and dollar dollars and their wallets. It is being done but now now with a real spirit . What is interesting, the extent to which this number of what they need, minimum has moved. When we started out, they had to have 40 of people signing up, now, they think they can live with 25, they think they are out of danger zone with that figure, i want to see the numbers, as you do, another suspicion that if the numbers were good we you would hearing all about them all of the time. Lou brad . I think judy is right, if they were proud of the numbers, we would not stop them from coming out, giving us hard metrics, but youth is not steppingp. They dont think they need it, and it costs too much, there is nothing that president will do to convince their president s. That is something in their child a best interest, they dont believe it nothing the president says or does will convince them yeah, 18 to 34yearolds, the folks having a hard time finding a job. These are also the same folks who are been sold a bill of goods about how, rationaly it is to put, a 50,000 worth of school lone debt on your back then go to a workplace where the president is not providing at creagd o creation of jobs, at what points do less appreciative of bill of goods. It has not happened yet. Descreng owhat is interesting is the strength of the youth vote for obama. It is continuing, young people are still loyal to him. Lou judy makes it sound like, president can get reelected right away. What do you think, of first the 13th district special election in florida, brad, what do you think of way that republicans, are moving forward . I think they are doing a great job in florida special elect, there a lot of resource put on this race for two reasons one is it will be a good model, to types of voters that are coming out, in midterm elections we know that party in tower, does not get the power does not get the benefit of their power. Because the people, are reject, that if democ low, youth coming out. And lou wait, you make it sound like republican establish am was behind that candidate all along, jolly could not get attention of the Republican Congressional Campaign committee, he didnt have the attention of Republican National committee, karl rove is all stng stingy and disinrip rested. Disinterested. There is a great look at modeling for november, a look the issues what are issuing that are turning florida election . We see mid terms elderly come out more than youth, by huge percentages. Lou you knew that what are we going do learn mere . Whether you will be a one issue campaign, that is against obamacare . Or you going to have to do as we heard so many cpac, start talkse talking about, are you ready middle class working men and women. Is the republican establish am just shoul shaking in horizon boots. They are worried about how obamacare will play in a general election. Brad, the last word. I think obamacare is going to be a deciding factor, in florida election, and in fall. Lou all right, well find out, you are on record right here, were always glad what you are. Brad thank you. Juddy, thank you. Thank you. Lou senator joh john mccain dismissing a new poll finding him the least popular senator. Can you imagine, said mccain with a 30 job Approval Rating in state of arizona. Here is the senator explaining why it could not be true. There is a bogus poll out there, i can sense that people in my state, when i travel, which i do. They like me. I am very grateful. Lou there you are. Up next, american fighter jets on move. Headed for russian border, general tom mcnerney, joining us for latest on the ukraine crisis. Stay with us. Lou investors not pleased with the ukraine crisis and tensions resulting between the United States and russia, on wall street stocks finished lower. Crude oil, down a dollar. Gold up 5, closing below 1300 an ounce. Shares of fannie mae and freddie mac tumbling after Senate Banking leaders announced plans to eliminate Companies Ask a new bill that will do it mens wearhouse reaching a deal to acquire joseph a bank. A 56 premium to joseph abank share price when this started. U. S. Military present on russian border is being increased, as many as 12 if 16 arrived in poland, deficien defense department, saying this was a preplan exercise. Guided missile destroyer, remaining only one in the black sea, and 6. And on the ukraine border. All of this discispite despite a new few Research Show pew Research Shows, 56 say United States is note get involved. General, by just about 60 people say dont get involved. This administration is going in the opposite direct, is it not . They are. But i think they are doing the right things. It was probably same percentage when hitler took over the ryan land. Then he took over austria, then over then americans did not probably 80 did not want it, i am concerned with what is going on. I think nato must show resolve, our European Partners must show resolve, we must work this problem. This most dangerous situation i think we faisal mov face, almost since end of world war ii. We have one guided missile destroyer. In the black sea, we have two dozen aircraft, that have been moved into position, in eastern europe. Along border with ukraine and russia. That aims to what in the way of a amounts to what in the way of a force that could retard the advance of a Russian Military unit, or, air assets . Very good question. It does not amount to much, it does, starts sending a signal. That nato, and would like to see other europeanations participate in those defense air exercises. But we should be doing, because of the treaty or memorandum of understanding that we signed in 1994, from belgrade memorandum, then the president obama signed it resigned it in 2009. We would support ukrainians. Against any outward aggression this is important that we stand by our words, we have to be calculating. But i think we should start flying aircraft over the ukraine. At the ukraine governments request, and have, awacs and joint stars and other Intelligence Survey listen and, global hawks this type of thing to get a good intelligence picture, we can communicate with the russians, i believe that north atlantic counsel, must be communicating, as well as u. S. And get a lot of diplomacy involved. As you know, right now, putin say there will not be any discussion, he is not responding to requests for discussion, he continues to move trooping from crimea, to show something of how anemic the response has been, ukraines own government, establishing a new National Guard today, they have 6,000 combat ready infantry, that air force, Ukrainian Air force out numbered 100 to 1. This would all it seems to me, if i may with all respect, i am intrigued by this scpu are the expert, it seems that discussion of moving air assets and forces that time is long passed. Because, the russian army can be moved anywhere it wants, with almost, no resistance. No question about that. If he wants to seize the ukraine, and move in, he can do that real question is, can we put enough empedment or make him thing can we dissuade him what does it take . I think that is what were trying to talk about. If you look at his strategy, which is to resurrect, former sev yell union soviet union, keystone is the ukraine, i believe we lost cirmea, but i believe that we can do those things, that stop him and discourage him, dissuade him, from wanting to seize the ukraine. He can do it there snow question. T, i think that there are things we could do diplomatically, and economically militarily all bound tlghtd. If we stand together. And that can deter him from doing that. Ill give you the last word quickly. Your judgment, here. United states military, air force, all of assets, are they there seems to be little question they are sufficient to destroy russia, if it were to me to that but reality, there is little here that could extricate once were the United States, and europe, from the mess in which we find ourselveses if we do engage. Well, were not going to engage. What im saying we do the want to give the ukraine back we must use every tool that we have short of war. To dee deand dissuade him. Lou i agree but weve already permitted, putin to seize the crimea. And bases dis strategy irk assets there we dont have a way in when it to move forward, i am i am hard prosed to understand the quot quote, unquote tragedy Imarat Kavkaz port an of ukraine in United States. And you can make a very good points. On that, United States, will continue to exist, but, i do believe, that we have been on a faith of toward unilateral disarmament. That has encouraged. Putin, to take more aggressive moves. And that is why we have to get ourselves back on where peace through strength, andy are able to deter the moves like this, nato has to be with us. Lou but, they are not. Germany does not even want antions. Sanctions. It seems like, you know, critical as some may be of this president , and by the way im among those. On what he has done in terms of defense budget, pentagon, and reduction in force, i dont see our allies in region that now under threat, are even at the beginning, of assuming a military posture of defense. In eastern europe, and preserving the integrity of territories that putin threatens. Well, you are correct. It means, that United States, is going to have to lead in front, we cannot lead from behind, we have to marshall the resources and our allies to do this, so it has a good out come for not only United States, ukraine, and europe, and as well as russia. Lou general tom mcnerney thank you very much. Thank you. Lou to lawsuitist on the missing Malaysia Airline flight. A senior Malaysian Air force official saying that the plane stopped sending transponder codes near the coast of vietnam before then flying far off course to the west, hundreds of miles from scheduled flight path and disappearing from radar, somewhere over the straight of malacca. Stay with us, were coming right back. Freddy stock crushed in the market, Congress Wants to put them out of. [ male announcer ] if you suffer from a dry mouth then youll know how uncomfortable it can be. [ crickets chirping ] but did you know that the lack of saliva can also lead to tooth decay and bad breath . [ exhales deeply ] [ male announcer ] well there is biotene. Specially formulated with moisturizers and lubricants, biotene can provide soothing relief and it helps keep your mouth healthy, too. [ applause ] biotene for people who suffer from dry mouth. [poof ] [beep] [clicks mouse] nice office. How you doing . Good. Automatic discnts the moment you sign up. Lou breaking news. We told tu would be bringing results as soon as florida started sending us results on the election in the 13th district. As you see there with 53 of the precincts now reporting, the special election for floridas 13th district congressional seat is close as expected. Republican david jolly such by one point. 48 to 47 over democrat alex sink. 119 of 225 precincts reporting. Libertarian lucas overby pulling in 5 and these all the polls showed it would be very tight race indeed. We will keep you updated as results keep coming in here. Stocks ended lower today. Investors booking profits and of course the global tensions not helping at all. Here with his outlook for the market, david bailey. Global head of Management Investments for citi private bank. Good to have you with us. Thank you, lou. Lou the market today, i think the expression would be choppy and not much action at the end. Were seeing not a lot of action in the market today. A little bit of wait and see as people are looking at the World Outlook and i think people have been taking profits during the beginning of the year. It is a sort of wait and see moment in the market. Lou a lot of people sitting there, once again were hearing a lot of talk about a correction. Were hearing about a pause. A lot of caution. There is a lost caution and ill tell you why that is is taking place. There have been very few normal corrections over the last 24 months. A normal correction is 12 . Th largest correction weve had is 6 . People are feeling like the market is almost not choppy enough. What is happening in the United States lou, is very good for stocks. If you look at earnings growth. Dividend growth, share buybacks, basic economy has been pretty strong especially after such a bad winter. Lou when you weigh all of that though, the buybacks, the dividend, against earnings right. Lou which is the more powerful driver here . Earnings are clearly the most powerful driver. If you take a look back to 2007 right now, earnings are 35 above where they were at that time and the stock market is approximately 22 above that time. Sorry, go ahead. Lou go ahead. In addition if you look at actual pe ratios today, on forward pe ratios the stock market is averagely priced. It is not as if it is expensive. The thing that gives us confidence that the amount of money on the sidelines uninvested is relatively large. Lou you expect there to be a Straight Line move . Of course not. You look what were recommending, the typical recommendation is 57 in equities which is a lot. Lou there you have it. Thank you very much, david. Pleasure. Thank you so much, lou. Lou reminder to listen to my Financial Reports three times a day on the Salem Radio Network coast to coast for all the days biggest market and business news. Were coming right back. Stay with us. Parents of students in successful Charter Schools in new york city suing the mayor. Attorneys lis wiehl and Mercedes Colwin join us next. announcer scottrade knows our clients trade and invest their own way. With scottrades smart text, i can quickly understand my charts, and spend more time trading. Their quick trade bar lets my account follow me online so i can react in realtime. Plus, my local scottrade office is there to help. Because they know i dont trade like everybody. I trade like me. Im with scottrade. announcer ranked highest in Investor Satisfaction with selfdirected services by j. D. Power and associates. You are gonna need a wingman. And my cash back keeps the party going. But my Airline Miles take it worldwide. [ male announcer ] it shouldnt be this hard. With creditcards. Com, its easy to search hundreds of cards and apply online. Creditcards. Com. Lou new York Federal Court considering a challenge of atheists trying to remove the socalled ground zero cross from the september 11th museum. They claims it violates separation of church and state a judge ruled last year against the atheists that the purpose of the 17foot cross shaped beam was historical and secular. We ha

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