some we say might be getting to the destinations very soon. that's where we start. good morning, i'm bill hemmer, welcome to america us noose room. -- to "america's newsroom". martha: good good morning, i'm martha maccallum, europe's airports have been closed for five days, they are trying to get people where they need to go and british airways are canceling flights for tuesday as well. so another day of grounded flights. bill: it's been a truly rough ride for passengers and the airlines, airlines are losing $200 million a day, some carriers now in a risk of filing for bankruptcy, and the situation so bad in great britain, the royal navy is sending out their ships to pick up stranded passengers on the other side of the english channel. mike tobin is live in london at heist row airport where he got stranded last week. he has shaved, as martha says! what's the government doing, mike? good morning. >> reporter: the royal navy, good morning, has now dispatched some three ships to handle this problem. the hms-arc royal and a flagship of the royal navy has been dispapatched to the english cham, sells the -- as well as the hms ocean, the primary duty to pick up stranded travelers in europe and bring them back to british soil, the hms albion, the primary function will be to pick up soldiers returning from duty in afghanistan and get them back to british soil, bill. bull bill what is the volcano doing today? has it for lack of a better phrase, has it simmered down a little bit? >> a little bit, there was another eruption earlier today but the geologists watches the volume capeo is suggesting it's kicking that ash cloud to a lower altitude, transfer you why countries like denmark leering flights above 30,000 feet, and test flights going up, germany is testing the air, air france, british airways and klm have put up test flights and they have all concerned to the ground reporting no problems, the czech republic has opened its air space but something you should be mindful of in the states is the ash plume has reached across the atlantic and has touched remote parts of canada. bill: mike tobin, thank you. if you viewers don't recall mike was fellowing -- was flying from jerusalem bound for new york city and he got stranded in london and is reporting yet again. another victim we might say. martha: like so many other people who are stuck there. people asked me over the weekend, when is my husband going to get home from his business trip from a week ago! and we have a glient cloud from this volume saneo, analysts estimating the problems from the airline industry could add two hld, talk about insult to injury, forget and british airways and other carriers are seeking compensation from the, u. from the air space closure they've had to endure. what does this mean for the economy and in general? who better to ask than stuart varnny of the fox business network. the metaphor is striking here. this is a cloud over the economy, stuart. >> who could have seen it coming, this is unforeseen event that is zap around and hit you. the damage actually has already been done, although some of the flights are getting back in the air, especially in southern europe today. the damage has been done. number one, british airways, asking for help from the european union, they just lost a lot of money, small why were een airports -- airlines like air bol -- berlin ryanair are short of money because they the get revenue. they're not flying. it could put the british economy into a mild recession, lrp europe is not growing, it's dead flat, its economy, and now with this travel stoppage, you could see the worst hit country, that's britain, back off a little into a very minor recession. it could have that impact. on american carriers, they've lost their bread and butter travel routes. america to europe is a wonderful money maker for american carriers. that's been shut down for five days, so they will feel some economic impact. but you know, martha, i think where it hurts most is in those passengers, hundreds of thousands of them, if not a million, who are stranded, because the airline doesn't pay for their hotel or food, the airline says look, this is a volcanic eresumption, we can't be responsible for that, it's not like a mechanical failure, we can't take responsibility, so we're not paying. some of these people who have been stranded for four, five day, they've got to pay their own way, they're out a lot of money. martha: it's hurting their wallet as well, stuart, thank you very much, incredible story. good to see you, stuart. stuart varney. bill: in the meantime president obama gearing fun a campaign-style push that may change wall street, he hopes, according to the white house, the president hits the road this week, the president trying to win republican support for a bill that could hit the senate floor later this month, the republican critics say the legislation on finance reform could lead to more bailouts. john fund from the "wall street journal," good morning. does the proposed bill make for a better system based on what you've been able to see? >> they've been revising it but there are troubling things. it's not that it sets all $50 billion fund for bailouts but it grants the federal government unpress did power to seize any financial institution they think is failing and decide which creditors get paid off. we saw what happened in general motors. in general motors, the unions got their bonds paid off 100-cents on the dollar, other bold holder got 20 cents on the dollar so this is an enr -- an enormous grant to the federal government and that's why it's not a bipartisan bill. there are no republicans supporting this bill. bill: roll this year and -- here and we'll talk about it. >> the president's bill is not a good bill, period, i've reviewed it, we've analyzed it. bill: was that quick! what he said, essentially, john, is he'll filibuster the thing. is that a smart idea? >> well, the democrats are looking at polls showing there's only one area where the public supports more government regulation and that's about 60 percent of the people say we need to crack down on wall street and its abuses. that's why the civil lawsuits is so exquisitely timed for political purposes because if it was filed with a political purpose in mind, it gives enormous impetus to democrats who say this proves we need regulation of wall street and two, last friday there was an inspector general's report showing the securities and exchange commission completely failed to find the ponzi scheme empire, in other words, a second bernie madoff, what a great way to remove this from the headlines by filing the lawsuit against goldman sachs. bill: many have observed this, the timing is perfect. here's what you have, a president going on the road with any populous message and a lot of americans look at wall street and you think you big fat cats, you're making all the meend taking it from us. back to the question about scott brown, do the republicans take a risk in opposing it? knowing how popular it is for many americans who despise wall street. >> 60 percent support more financial regulation. it is a risk. but it says a few things that a lot of people may look the different way. fannie mae and foreclosure, who led us into this housing mess and other banks who made stupid mistakes, they're not reformed by this bill, they got off scot-free and if you want to get back at wall street, the best way is to end all bailouts, say you bear the risk for whatever robs you have, don't get too big to fail because we're not going to bail you you out. that would be the most effective regulation on wall street that you could have. bill: with fannie and freddie many do not remember the late '90s when congress changed the rules to get better financing to observation who couldn't get otherwise. >> we had zero downpayment loans and that was a recipe for trouble and sure enough trouble arrived and that's why so many homes are under water and we're having so many foreclosures. bill: you make good points, john fund, thank you. martha: there's a big history of the government fixing a wall street problem and not foreseeing the next thing down the road. we always fix it after the fact, and then the newest instrument out there that gets used is the new creation. it will be interesting to see whether they'll be able to put in safeguards that will help us long term. in the meantime, the pentagon is taking on "the new york times" after a report the secretary of defense robert gates issued a secret memo to the white house issuing a stark wake-up call on iran, now robert gates is firing back. bill: also a war of words between president clinton and rush limbaugh, have you seen this. >> i'm in a state right now, if there is a future incident such as oklahoma city, the blame is squarely on the shoulders of bill clinton and barack obama. >> after that, bill clinton was asked about it eve the -- over the weekend. you'll hear what he said about it, how the comments about antigovernment sentiment sparked this debate. march minister they say spare the rod and spoil the killed. why one school district wants to bring back the paddle. we're serious. next. martha: news alert out of cape can after value, florida, this crossing -- canaveral, nasa is postponing the discovery's return to earth until tuesday, they're dealing with bad weather in cape canaveral, they're expected to leave at 7:23 tomorrow morning, that's the scheduled time. we'll keep you posted. bill: something tells me those guys enjoy the rides! he said, she said, brewing over iran as report of a secret memo sent by secretary of defense robert gates from the white house, warning the white house that it look as clear strategy for dealing with iran, some suggesting it's sound -- he's sounding the alarm u. secretary gates saying he was contributing to the ongoing policy debate. here's senator john mccain addressing the memo on fox news sunday with chris wallace. >> i didn't need a secret memo, plft gates, to ascertain that, we do not have a coherent policy, i think that's -- i think that's obviously, we keep threatening sanctions, including the last md as, we keep threatening and obviously we've not done anythingna this any way would be viewed effective. former secretary of state george schultz once told me, he said my old marine drill vctor -- instructor said never point a gun at somebody unless you're willing to pull the trigger. we have to be willing to pull the trigger on significant sanctions. bill: are we, then, what are we doing with iran's buildup, what can we do to stop it. former secretary of defense under president reagan, fox news analyst and cohost of foxnews.com def-kon3. you wrote memos like these for the white house. >> the significance is it's a 3-page memo. it went to the national security adviser saying heads up, guys, we've got to find a plan here because it seems the administration doesn't have a plan, it's sort of flailing, on one hand talking about democratic sanctions and other 457bd, talking about diplomacy, nothing happening there and secretary clinton, talking about a defense umbrella, and pressuring israel, when we're worried about iran, pressuring israel. bill: you're saying the white house does not have a clear plan. >> i don't think they do. bill toil to respond to -- bill: to iran, either sanctions or the possibility of a military strike? >> the clock o'clock is -- the cock is ticking. as the joint chief of staff says iran iran -- says iran will have enough uranium in a year and k5euility -- and capability of develop ago nuclear weapon in three years. you don't want to be in a situation where they say we'll bomb iran. bill: this is intriguing and what's -- >> i shared an office with secretary gates. bill: what's the intent of leaking something like this, what is somebody at white house or pentagon trying to tell snus. >> this concern within the administration about what is the plan because they don't want to be in this situation, six, eight months from now where they have to make the choices, bombing iran that involves a war in the middle east or get iran get the bomb. bill: two more points, first of all, mike mullen was in new york yesterday, he was making a speech at columbia university, he was asked about this topic, here's how he reacted. >> from from my perspective, that's the last option is to strike iran. and i think i was very clear about the decision space here, to not much decision space, because of the two outcomes, having a weapon and striking generate unintended consequences that are difficult to predict. bill: i don't know if was prepared to answer that but in all likelihood he didn't think the memo would get out. >> when you're in the administration, you think everything is possible to leak so you have to take that into consideration. bill: people in washington are telling you this administration has resigned itself to iran going nuclear. >> there are some within the administration that have resigned themselves to iran going nuclear so what they want to do is say how do we prevent a nuclear arms race, one approach is to squeeze israel, which is what you're seeing, squeeze israel to have a peace agreement with the palestinians and thereby telling the rest of the muslim world, arab world in the united states, see, the united states can pressure israel, we can deliver peace, trust us, if iran goes nuclear, you don't need to. bill: all these are fascinating as we look at the different options that may or may not be in front of us. next time we need to talk about our roll in the -- relate in the middle east and how the relationships change among each other. >> those are the right questions, bill. bill: thank you, and check in, def-con three. martha: that was very interesting. thanks k.t. these were brutal crimes and they sparked outrage all across the country, john gardener now confessing to the rape of two teenagers in california. we reported this to you, now there are new de he details on what the father may have said that may have provec dollars that con -- provoked that confession. bill: this an indication that you text messages may not always stay private. the supreme court set to decide whether or not your text messages are really your own. bill: breaking news from europe on this volume can nish ash -- volcanic ash, the british airways says that the test flights through the volume volcanic ash proved that the blanket restrictions are, quote, unnecessary, this is the ceo on board the plane, they suffered no damage to the jet engines and now the head of the becomes a. is saying the restrictses are not necessary. -- restrictions are not necessary. it was the end of last week when f-16s on behalf of nato flew through this ash in the plume of smoke and suffered damage to the engine. now the b.a. chief is saying we had no problem flying. you still have thousands and thousands of flights that have been canceled, tens of thousands, hundreds of thousands, who are been -- who have been delayed with travel and now you have the statement from british airways. we're watching every movement as this fascinating story of mother nature spewing toward the hevence -- heavens continues. martha: well, watch what you text! in the workplace, folks, the supreme court is taking all case that could impact every american worker, specifically the justices will be asked if an employee has a constitutionally protected right to privacy using those devices you see there when it comes to messages that are sent on a company-owned blackberry or computer or phone. even if in some cases the text messages might be sexually charged. shannon bream joins us with more. shannon, what's the backyownd on this case? everybody knows that whatever is on there is really notors. >> reporter: -- really not yours. >> reporter: this is from the city of ontario, california, these people were given pager and told they could use them for business. they specifically addressed computers and things like e-mail and techs. these guys say that didn't apply to the pagers, they thought they could use them for personal use as well. some started to go over the limit, the number of texts each month and they were warned, you can pay for the overages. after this happened three or four times the superior said i want to know when there are about. it turns out there were sexually explicit tectses -- texts involving the sergeant's wife and most recent -- mistress and others in the department. he felt like the research violated the fourth amendment, now it ends up today in the supreme court. martha: it's so interesting, shannon, because everybody has felt for some time that there's not love law to fall back on to know whether or not the internet messages are protected or not protected. what should employees assume? >> well, it's interesting, because this is a developing area of law, we haven't had this technology for decades or centuries like many things that have been decided by the supreme court. the law gives private employers a wide latitude to keep an eye on what you're texting or e-mailing, 83 percent of employers have policies in place to determine how you can and cannot use that type of equipment. many say they have a rule in place or tool that monitors what you're doing, 40 percent say they actually look through your e-mails and read them. martha: hmm! good to know, thank you shannon! shannon breem outside the supreme court. bill back over to you. bill: i'm telling you, i'm reading your e-mails every day! martha: oh boy. bull bill a school district is wanting to bring back discipline, spanking sparking a national debate. what do the folks say about spank something. >> if you're going to get hit, the parents should do it, not the school. >> i don't need discipline, i can discipline my own, that may not be the case for everyone. >> this is going cause the kids to get mad and probably retaliate. bill: we'll take you there live. also the battle between bill clinton and rush limbaugh, the two squaring off antigovernment and the tea party movement. a fair and balanced debate on what they're saying back and forth, in only three minutes. flurn flush -- bill: fox news alert, it is the day yet again, 168 seconds of silence, one for each victim, today marking 15 years since the bombing of the murrah federal building in oklahoma city, a remembrance set to begin at 10:00 a.m. eastern time, it's such a poignant memorial to the lives lost that day and those jud. family members and victims and friends and survivors gather to mark that horrific day. the deadliest domestic terror attack in u.s. history. this was the scene, april 19th, 1995, after tim thee mcvey detonated a truck full of explosives outside of that building. we will listen in on the moment of silence coming in 30 minutes. we will be there too on "america's newsroom". martha: all right, have you heard about this, the faceoff between bill clinton and rush limbaugh, the first comments we'll play are former president clinton's response after his original comment suggested there could be some elements of the tea party that might be driven to violence and he sort of cited the 15th anniversary of the oklahoma city bombing as a ref residence in that comment. first we're going to play to you his reaction ef the -- offer the weekend as he elaborated on it. listen to this. >> the only point i tried to make is when i went back and started preparing for the 15th anniversary of oklahoma city, i realized that there were a lot of parallels between the early '90s and now, both in the feeling of economic dislocation, the level of uncertainty, people felt the rise of kind of identity politics, the rise of the militia movement and right wing talk radio. martha: now let's listen to what rush limbaugh has said in the back and forth about all of this. >> i'm going to state right now, if there is a future incident such as oklahoma cit