Transcripts For FOXNEWSW America Live 20120727 : comparemela

Transcripts For FOXNEWSW America Live 20120727



you can see the growth is rather low and nowhere near where it was back in 2011, even. the analysts say when the number is at or below 2%, again it's 1.5% it's not enough to lower the jobless rate. you need more people buying and producing. all this as the white house says there is still a great deal of anxiety among americans and they claim the numbers show that we are moving in the right direction. here is the white house press secretary jay carney moments ago. >> i would say that on the issue of gdp, what we have seen is the 12th straight quarter of economic growth, positive growth, and that is a good thing, and yet as we say consistently, this is not enough, and this is growth that is not fast enough, this is job creation that is not substantial enough, and that's why congress needs to act. megyn: kyle harrington the founder and managing partner for harrington capital management is with me now. kyle, hay had hoped it would be more, it could have been worse. the white house is pointing out even though they wished the numbers were higher at least we've had six consecutive periods of growth. let me get the exact statement here. you heard jay carney say it in part. they say we were growing month to month and quarter to quarter unlike when president obama first took office. >> if you call 1.5% growth growth, fine. let's go back to a basic definition of gdp. it really is a snapshot and a measure of the economic health of the u.s. during a given period of time, and 200 years ago the u.s. represented 1% of total gdp growth in the world. today it stands at 23%, megyn, and double china okay. and we got there because of limited government intervention, entrepreneur ship. property rights, less bureaucracy and lower regulation. done my research i don't think those are the majority of things that they believe in. unless we can change the sentiment coming out of washington going into november i don't believe we'll see any significant gdp growth going forward, and in addition i think we're going to continue to see the jobless rate, the unemployment rate continue to be stagnant if not go higher. megyn: the administration is saying, i have my numbers here. they say, look today's report shows that the economy posted its 12th straight quarter of positive growth over the last three years the economy has expanded by 6.7% overall. while the economy continues to move in the right direction additional growth is needed to replace the jobs lost in the deep recession that began at end of 2007. so their point is that even though it hasn't been that great, they got 12 for 12 in terms of growth. they are going like this instead of like this. which is better than the situation we found ourselves in when they took over. >> let me say this, megyn. i think one of the things that you need to consider seriously is that this fed has been incredibly accommodating with respect to continuing to push the economy toward a growth direction. i mean interest rates are at historical lows, megyn, in an effort to stimulate the homeowner to go out and maybe buy another home or someone who doesn't own a home to go out and buy a new hoerpblgs as well a a new home, as well as businesses putting capital to work to make it expand. the key here is value louisiana tilt anvolatility, and we will see that going into the election. megyn: anxiety may be the right word. the big slow down in the number, the reason gdp wasn't bigger is because consumers aren't the spending has slowed, and they say that that accounts for 70% of economic activity. the folks, they are not buying the cars, they are not buying much, they are sitting at home holding their money. why are they doing that, kyle? >> key, key point in this whole discussion. megyn, for your vires, viewers, 7 70% of gdp comes down to consumer spending. august of last year it was the lowest consumer sentiment in three decades. i think that sentiment continues. people have pier to put money to work because they fear they might not have a job or don't have a job and are collecting unemployment and are on fixed budgets. they are afraid to go out and buy that flat-screen television or take that vacation and spend money on traveling costs whether it be via car and your gasoline as we've seen gasoline prices still very high. they've come down a bit. historically they are still very high. i think people are more interested in keeping money under their mattress to protect and preserve to get a better view into what is going to happen given the november election. megyn: just so our viewers know, we are officially -- we have more in debt than we do in income in the second quarter our gdp grew 1 point -- 107.6 billion, our debt grew 274 billion. so our debt is now officially 101.6% overall for the whole year of our gdp. kyle, thank you. >> thank you, megyn. megyn: we are getting bad news at home as we mentioned, but the world economy is also taking a major hit. a startling new report shows that spain's jobless rate has reached a new record. look at that. 24.6%. can you imagine? this amid a recession and austerity measures that are forcing firms to shed more jobs. statistics show that half of that country's citizens underage 26 and able to work have no job. new developments in the case of two missing iowa cousins. a local news station in iowa now says it will turn over the unedited video of its interview with the mother of one of these girls, the girl on the right is lyric cook mor morrisey. lyric who is ten and her cousin disappeared on july 13th after going for a bike ride. authorities say the video, the complete video of the interview done by the local news station could help their investigation. and trace gallagher who is live in l.a. with more on this there is now a real question about whether the police no for some reason are zeroing in on the parents, not just the mother but the father of little lyric cook. >> reporter: if there was ever any question of them focusing on the parents this. asking for the interview should lay that to refplts the county attorney is saying they need this for a couple of reasons. one, because it was a public statement, they want it in the record and two because they want to analyze of course the tone and tenor of the mother's interview and break it down frame by frame. there was aired live, there is no live videotape and they do not provide the out takes, that is what happened during the set up of the live interview and afterwards, so they get what they get. now this interesting enough was the grandmother as well as the mother much lyric cook morrisey. the grandmother didn't say a single word but listen now to misty morrisey explain why they got a lawyer. play this. >> we were put into rooms and we were for three hours accused of taking our children, told that we did it, that we need to tell them where the children are at, and it was a pretty intense coercion, and so at that point just being regular people off the street we thought we might need just some legal representation. >> reporter: she goes onto say that she and her husband are being focused on because they have records, right, criminal records, in fact both of them drug and alcohol criminal records. the father, who you see there in the striped shirt, daniel morrisey is actually going to trial in the fall for drug charges and he could face decades in prison. but the mom says they are not hiding anything. listen. >> absolutely, our criminal past is public record to anybody, any regular citizen on the street, it's public record. its something that can't be hidden, nor would i have hidden it. >> reporter: of course the two girls have now been missing for two weeks. the f.b.i. believes they were abducted because their bodies were not found in that lake where their bikes were found in the area. they believe they are still alive, though the f.b.i. will not tell us exactly why they still believe that. the parents of both girls say they are again cooperating with police. remember they stopped cooperating and now say they are once again cooperating in the investigation, megyn. megyn: and now today we're learning even more about the criminal history, not just of lyric's mother but the father in particular, we're going to talk about that trace, thank you a bit later in the show when former l.a.p.d. homicide detective mark fuhrman joins us. he'll take a look at this case and he will tell us what he believes really happened to these girls. an extreme weather alert, hours after violent weather rips across the northeast more severe weather is possible just to the south. a pennsylvania woman died when heavy winds toppled a tree that fell onto her car, and a lightning strike on a brooklyn church caused scaffolding to fall and kill a man walking by. some of the storm's lightning caught on tape. look at mother nature, wow. this is the scene in connecticut as lightning streaks across the skies. crews across the northeast are racing to restore electricity to thousands of homes that lost power. one tpherbg resident catching this video, look at this of a transformer exploding. take a listen. wow, wow, you feel the need to drive on at that moment. where is the severe weather heading now in rick weymouth is live in the fox news extreme weather center. rick. >> reporter: crazy pictures from the storms yesterday. 400 reports of wind damage yesterday all across areas of -- parts of the south stretching across the ohio valley but the bull's-eye here around areas of the northeast, a very rough 24 hours. take a look at what the radar did. you can see the storms go through. it's going to zag a little bit farther toward the south today, very slow-moving system. some of the areas that saw that severe weather yesterday, parts of pennsylvania, maybe new york city, still seeing some more. but it's a little bit farther toward the south and the threat today not as significant as it was yesterday. there is a secondary system back here, across parts of the ohio valley. this will bring a little bit more of a chance of wind damage today and tomorrow that brings more rain and thunderstorms back across the northeast. in a stormy pattern across the eastern part of the country. megyn. megyn: thank you. a new fallout over an aeu act ad taking on governor romney's stance on reproductive rights. >> i never felt this way before, but it's a scary time to be a woman. mitt romney is just so out of touch. megyn: scary time to be a woman. our panel debates that. and the olympic torch will be lit tonight but one top athlete is no longer allowed to go for the gold, kicked out of the olympics after what some are saying is an offensive tweet. just what did she say, and is this legal, in "kelly's court." plus, serious new warnings from the state department about a massacre in one of syria's largest cities. they are saying this is it, folks, this could be the showdown in this nearly two-year battle we've been watching in syria. that's 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[ major nutrition ] ensure. nutrition in charge! megyn: reports today this a showdown is imminent in syria as the 17th month conflict there appears to be coming to a head. as we await what could be the biggest battle since the start of the uprising there there are new reports that the united states could be getting involved now. first, what's happening in syria, rebel leaders say that the largest city there, aleppo is under a constant barrage from mortars and shelling all while soldiers fire guns from helicopters. the rebels claim that this offensive is not targeting strategic locations, instead the soldiers are firing randomly to cause terror in aleppo. how difficult it is to escape the killing. in jordan a funeral for a 3-year-old boy shot and killed by syrian shoulders as he and his family tried to cross the border. he was nearly at the border when he was killed, a bullet in his neck according to witnesses. jordanian border officials say they believe the soldiers targeted him to scare the others in his group. tony badrain is a research fellow at the foundation for defense. good to see you. e report is, showdown, showdown now in syria. we've been watching the syrian government battle its own civilians, in addition to the opposition forces for 17 months now. what is it about today that has u.n. red cross, human rights watchers pulling out, telling their people to get out, it's about to get as pw-d as it's got even. >> you're seeing the results of an offensive last week where a major explosion targeted the inner circle of president bashar al-assad killing his brother-in-law, the main target of the operation. there has been surprise offensive by the rebel forces into the strongholds of the regime, damascus, and aleppo which is the second largest city which has been largely loyal to the regime up until this moment. this is no longer the case. now the rebels have made inch roads into both the major cities. what's been happening is the regime has been mounting a brutal counts offensive, the same type of offensive it was mounting elsewhere in the country accept now it's much closer to home. megyn: the white house has crafted a presidential directive called a finding that would authorize greater covert assistance for the rebels, while stopping short of arming them. perhaps we would provide nonlethal supplies such as communications gear, medical equipment and so on, although it is not clear whether the president has signed that directive yet, this is according to reuters. should the united states be getting more involved? are we likely too? >> the united states should definitely be involved. this is a tra staoepblg strategic thing for the united states. undercutting iranian influence and the conduit of weapons from lebanon from hezbollah is a major strategic thing for the united states. there have been leaks, as to a covert action that's been going on for months now. the fact it's now coming out that there is a finding but we are not even sure the president signed it yet it's part of the course basically for the administration. megyn: what does that tell you? >> that the administration is very reluctant to get involved and does not want to get involved and unfortunately it's been strategically short sighted on this issue. megyn: a report of what they are doing to the children over there is just really mind numbering, it's incredible what they are doing to their children. and now in fairness we are hearing reports from the opposition forces are allegedly guilty of torture, with respect to some children, or some civilians as well. the reports thus far have been mostly focused on what the bashar al-assad regime is doing to the young ones. now it's maybe happening on both sides. there is a question whether the world's super power has an obligation to step in and do something on behalf of the children that are not only being shot and killed but starved and cannot get any humanitarian relief. having said all of that, there are reports this week that al-qaida has now infiltrated the opposition and we can't be arming al-qaida. what are we to do? >> i think the reports about an al-qaida infiltration of the opposition are grossly over blown. i don't think that that is an accurate assessment that al-qaida somehow is the primary actor. megyn: is that propaganda or are you saying it's been over blown. >> it's a little bit of both. this is not to deny that are there islamist factions and jihad defactions in syria, but they are by no means the driving force of this rebell yan. t rebellion, to say so is inaccurate. it's been used by the administration to justify the complete lack of a policy. the idea if we arm the opposition we could be arming al-qaida was something that secretary clinton said several months ago in fact. megyn: do we really want to poke iran in the eye by going into syria, not going in but doing more. >> right, we are not going in, that's the idea. the idea is to do what the united states used to do in the past during the cold war, when we backed factions in phult at proximate sigh wars against the soviet union and other enemies. in this case we have a very clear opportunity to undermine the iranian strategic alliance in the middle east, that is a strategic priority and the united states should be doing something about it. megyn: it's been two weeks since two little cousins disappeared in iowa. a news station has been asked to hand over raw video of the interview of one of the little girl's moms. what exactly are they look for? former l.a.p.d. homicide detective mark fuhrman is here. an update on a hilarious story we brought you yesterday. a prankster husband gets his wife good while driving down the highway. now we're hearing her part of the story. [laughter] ♪ what can i get you ? cheeseburger. you know what, got any salads ? b-ball, anyone ? and then take your leg wide out to the side. you can do it, dad thanks, girl i'm really proud of you, dad. make theth verizon. more 4g lte coverage than all other networks combined. a story we brought to you yesterday. the viral video that shows a prankster husband giving his sleeping wife a huge scare all while driving with their children on a highway in north carolina. oh, did we get some emails from our viewers on this. we actually spoke to manny and sandra perez earlier today. we'll air that for you in a bit. but first, another look at the hilarious footage, i thought it was hilarious, many of you not so much of the joke manny played on his wife while in the car. >> so there is a truck getting towed and it looks like it's coming at us and my wife's a sleep. we are going to see if we can scare her. baby, wake up there's a truck -- [screaming] [laughter] >> i'm sorry it was funny. it was getting towed. megyn: that still makes me laugh. well, she was not happy at first, and manny tells us he was in the doghouse for a whilisten. >> so, i have a pretty good sense of humor and i wasn't mad, just for a split second and then after i woke up i was like, okay, it was funny. >> i knew there was a risk, or a reward for my risk, and she did get like -- she made me sleep on the couch that night. we went to a beach house and i wasn't supposed to be rewarded for bad behavior, as her family said. megyn: [laughter] they look like a lot of fun. sandra admits she is used to his pranks because manny pulls stuff like this all the time. a lot of viewers say it could have resulted in disaster on the road, don't try it at home. listen that particular prank did not result in disaster, and they managed to give us a big laugh, at least us right here. a heartbreaking situation in washington state today where a couple has spent the last week watching their yard slip away, literally. huge chunks of grass and trees have fallen down a 200-foot shreuf int cliff into the water below. could their house be next? trace gallagher is live in l.a. with the latest. >> reporter: happening 30 miles north of seattle. can you imagine sitting there and day after day your front yard kind of keeps tumbling into the sea and there is really nothing they can do about it. look at these pictures again. the house, and the shop are now kind of right on the edge. we are talking about roy and rosa lee ballinger's house. they've lived in the house for a dozen years. last week somehow a 30-foot geyser erupted in the front lawn. they brought the water department out. they said it is not a water main or a sprinkler, it appears to be a natural spring undermining the ground right in front of their home and their shop. listen. >> we cr

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