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Transcripts For FOXNEWSW FOX News Reporting American Payday -- The Big Squeeze 20141019

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>> right now, "fox news reporting: american payday -- the big squeeze". the election is almost upon us. and with the house of representatives firmly in republican hands, and the white house of course off the table, everyone's focus is on this side of the u.s. capitol. the u.s. senate. the republicans' magic number is a gain of six seats. anything less, and democrats remain in control. so both sides are fighting it out in state after state, realizing the national implications of those local results. and if there's one issue that's got everyone's attention, it's the economy. president obama recently said that the economy is better than when he first took office. but the public is uneasy. nonetheless, democrats have been trying to establish that they're the ones to be trusted with the economy. over the past year, there's a phrase they've been using quite a bit. >> i believe this is the defining chlenge of our time. >> democrats have been talking a lot lately about income inequality. >> there's no greater challenge this country has than income inequality. and we must do something about it. >> this is not an issue that's going to go away. >> concern over the unequal distribution of wealth is becoming a familiar theme in american politics, especially on the left. and democrats hope it will play a major role in this election cycle. >> what we're talking about here, income disparity, inequality in recognizing the value of work, can do more to undermine the middle class and therefore undermine our democracy. >> but pegging the election to income inequality might prove tricky for democrats. for one thing, income disparity tend to be most stark in the places that are run and populated by democrats. we went to nancy pelosi's hometown of san francisco, which, as it turns out, is a case study in income inequality. and the epi center of a protest movement over that wealth gap. >> welcome to the revolution. >> tommy mecca is a local activist and founder of the san francisco housing rights committee. >> the disparity between the people at the top, the top 5% i think is what the measured, versus the rest of us in the city, is so wide. and it's growing every moment. >> he's one of the leaders of a movement that's taken to the streets, protesting the eviction of thousands of san franciscoans. >> these people are being evicted, but we're fighting back. >> people like claudia turado. she's the mother of a 2-year-old boy named valentino and teaches at fairmont, a local elementary school. she moved to san francisco 16 years ago, settling in a largely hispanic neighborhood called the mission. >> i gravitated towards the mission, because i'm latina. it always felt like home to me. it's where i feel accepted. >> not long ago she was told she had 120 days to vacate the apartment she'd lived in for 14 years. >> i felt fear and depression. i didn't understand why i was being evicted. i always pay my rent on time. i've never had a problem. >> this being san francisco, even artists like candace roberts have gotten into the act. ♪ now she's not my city anymore ♪ >> it's my response to what's going on in san francisco right now. ♪ no, she's not my city anymore ♪ >> it's about the working middle classes being shut out economically from the city that they call home. [ cheers and applause ] >> a lot of my audience, they're sympathetic. we're like-minded folks. a lot of them are artists. we're all struggling to be here. >> many of the displaced know exactly where to lay the blam s. think say it's nouveau riche tech workers are bidding up the housing market and changing the face of san francisco. >> san francisco is sold to them as a perk, an added benefit. you can come work on this college-like campus and get to live in this cool, hip city in this cultural neighborhood. >> aaron mcelroy is founder of the anti-eviction mapping process. >> it is class war. it is the replacement of multiple classes with a much more dominant ruling class that happens to be in this city, the tech industry. >> perhaps the greatest symbol of the intrusion of silicon valley, the shuttles, commonly known as google buses. they pick up employees from firms like twitter, yahoo!, and yes, google, to carry them to their high tech campuses miles away in the suburbs. >> tech tech you can't hide. >> protesters have blocked the buses, and even broken windows and slashed tires. some of the activists advocate pretty drastic remedies. >> i would love to -- i consider myself an anti-capitalist. i think a lot of people in the housing movement do. >> however it turns out, the battle in san francisco makes one thing clear. income inequality has no political party. after all, san francisco's politics tend to range from center left to far left. and the so-called bad guys in this fight? rich people from silicon valley are a key democratic constituency. which suggests that it's not income inequality as an issue itself that will decide who runs the senate in the upcoming elections but rather the real zies about the economy. >> the big issue is not so much the gaps between rich and poor. the real issue is upward mobility. there's nothing wrong if rich people get richer. but when rich people get richer and the middle class actually stagnates that's the prorn. >> joel kotkett professor of economic studies at urban university sees the divide among democrats in san francisco as part of a broader trend. >> it's ridiculous what you're doing to our people. >> who are you? >> you're going to see a real conflict in the democratic party between the gentry wing and the middle and working class wings. >> and silicon valley, loaded with money, influence and an insistent green agenda, is a significant part of that gentry wing. they regularly meet with politician such as democratic senate candidate allison lundgren grimes seen here at a fundraiser hosted by the democratic women of silicon valley. but grimes is running in kentucky. what's she doing so far away from home? well, she wants to unseat incumbent mitch mcconnell, the most powerful republican in the senate. the gentry democrats want that, too. she needs their money and clout. but there is a problem. while their money can help, their agenda can really hurt her back home. >> the election this year will hinge largely on energy-producing states where there are still some democrats there, and their having to run in an atmosphere where many people believe that after the election president obama will sign all sorts of measures that are really go after the energy industry. >> which brings us to kentucky, an essential seat in the fight over the senate. we'll look into the battle over coal country when we return. people with type 2 diabetes come from all walks of life. if you have high blood sugar, ask your doctor about farxiga. it's a different kind of medicine that works by removing some sugar from your body. along with diet and exercise, farxiga helps lower blood sugar in adults with type 2 diabetes. with one pill a day, farxiga helps lower your a1c. and, although it's not a weight-loss or blood-pressure drug, farxiga may help you lose weight and may even lower blood pressure when used with certain diabetes medicines. do not take if allergic to farxiga or its ingredients. symptoms of a serious allergic reaction include rash, swelling or difficulty breathing or swallowing. if you have any of these symptoms, stop taking farxiga and seek medical help right away. do not take farxiga if you have severe kidney problems, are on dialysis, or have bladder cancer. tell your doctor right away if you have blood or red color in your urine or pain while you urinate. farxiga can cause serious side effects, including dehydration, genital yeast infections in women and men, low blood sugar,kidney problems, and increased bad cholesterol. common side effects include urinary tract infections, changes in urination, and runny nose. ♪do the walk of life ♪yeah, you do the walk of life need to lower your blood sugar? ask your doctor about farxiga and visit our website to learn how you may be able to get every month free. if republicans gain enough seats in next month's election, kentucky senator mitch mcconnell can become senate majority leade leader. >> mitch mcconnell is with us today! [ cheers and applause ] >> yet even his seat isn't safe. and if he loses to opponent allison lundgren grimes, not only will it be a stunning personal rebuke, it may well mean the gop won't take the senate. grimes, who comes from one of kentucky's prominent democratic families, came out swinging. >> together we will take this fight to mitch mcconnell and hold him accountable for his 30 years of failed leadership. >> meanwhile, mcconnell is giving as good as he gets. >> she's a partisan's partisan, she's been practicing party politics since she learned to talk. >> and the race will turn to a great extent on the economy, and who can convince voters they'll help the state get through recent tough economic times. there's no place that the struggle to get by is more deeply felt than in harlan county with a population of nearly 29,000, it's in the heart of kentucky's coal country. >> my grandfather worked in the coal mines back in the 20s and 30s. and he among others worked hard underground. and they fought for the miners to have good benefits, wages. >> frank dixon was a coal miner for 30 years. >> the miner operators-owners didn't want the union brought in. so they brought people in to kill people, burn homes down, that type of thing. >> but the miners prevailed. and over the next several decades, countless people built a good life for themselves. >> and the people of god said -- >> amen. >> we had everything we wanted. my home, home paid for. it's just life was good. just what people. >> hard-working people work for. >> i was making about $1100 a week after taxes and after cuts and everything. i was living comfortably. >> james walker worked in the mines for 22 years. >> i had money to take my kids to do what i wanted to do. it was good living. it was nice. >> what we needed plus a lot of extras. blessed. blessed very well. >> but in the past few years, it all changed. >> i went to work one day. and we didn't get to go on the job. we had to go to the office. and so that meant something was up. >> they told us to get our stuff and that was it. there was no more job there. and it hurt bad. >> almost overnight, they went from well off to wards of the state. >> i averaged $95,000 a year. now i get $308 a month food stamps. that's i've got myself and two boys. that's $75 a week, $25 each, to eat on for a week. >> i've got three girls and a little boy. and i love all. that's my life. >> though he works the occasional odd job, walker struggles. six months ago he and his family were forced to move in with his parents. >> you've got to do what you got to do to take care of your kids. that's what i'm trying to do. take care of my family. >> since 2011, some 1400 mining jobs have been lost in harlan county alone. other businesses dependent on the miners also failed. once thriving harlan county towns, benham, lynch and cumberland have been followed out. toni felosi, the director of economic development for harlan county, has seen the consequences. >> we have citizens digging through the trash just to eat. they feel like they've been forgotten. and that has a devastating mental effect on the entire population. >> a significant part of that population, especially the young, abandoned harlan county all together. >> we got mass exodus. there have been thousands of people have left harlan that will never come back. >> over the years, this one-time coal miner's union stronghold has become steadily more republican. ant with the recent upheaval, coal country's former democrats may prove the winning difference for senator mcconnell. >> i blame obama. i blame him real bad. before obama ever came around, coal was doing good. obama killed it. >> though many we spoke to acknowledged there were other factors that contributed to the collapse of coal, the feelings of bitterness are palpable. >> oh. people around here, if you mention obama, it's tough. it is -- a lot of people goes to cussing, which i try to stay away from that. but it's all people gets furious. >> i wish he'd step off the face of the earth. wouldn't hurt my feelings none. >> indeed, many in the community feel under siege from this administration. it was president barack obama, they say, whose green policies led to the epa restrictions on coal-fired power plant emissions that shut down the mines. >> if somebody wants to build a coal-powered plant they can. it's just that it will bankrupt them. >> he has no idea, no idea what he's done to this little part of the country. whether he cares or not, i don't know. he's killed us. he's killed this part right here. and i'm telling you, it's gone. it's gone. >> we talked to one of the few miners still working in harlan county. >> i thank the lord for my job every day. there ain't a lot out there. >> steven adams asked us to pass along a simple message to the president. >> dear mr. president, would you please leave us coal miners alone and let us work and provide for our families. that's the only thing we're asking for. leave us alone. just let us work. >> but with the obama administration's recently proposed epa regulations, the chance that these men might keep their jobs becomes all the more remot remote. >> it's going to be basically the kiss of death. >> c.b. bennett is the vice president of cumberland elkhorn coal and coke, a family-owned mining company in harlan, kentucky. >> they're picking and choosing the winners and losers. they've made losers out of every coal mined in america. >> he may believe that washington has made these miners losers, but now it's up to these very same people to pick a winner. that's either mcconnell or grimes. but with the senate up for grabs, the choice is also something bigger. which party's approach to the economy will prevail. we'll look into that when we return. yeah, dinner sounds good. i could come by your place. my place? uhh... um... hold on. introducing the all-new volkswagen golf. plenty of room for whatever life throws at you. 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[ back-up beeping, honking ] a truckload of discounts for your business -- now, that's progressive. californians are discovering the real risks behind prop 46. it was written and paid for by the trial lawyers to make them millions... while, for the rest of us, health care costs go up. no wonder every major newspaper in the state opposes prop 46. they say 46 "overreached in a decidedly cynical way." it's a ploy "for trial lawyers to enrich themselves." and prop 46 has "too many potential drawbacks to be worth the risk." time to vote no on prop 46. with the senate race in full with the senate race in full swing, mitch mcconnell and allison grimes have been crisscrossing the state. and the trouble there in eastern kentucky where people are looking for a candidate who can offer some relief are a high priority. we were able to catch up with senator mcconnell as he visited one of those communities. he rode in the kentucky mountain laurel festival parade. >> we have a depression here in eastern kentucky created by the obama administration. >> there was blames for the problems there. >> the president made it clear during his campaign back in 2008 that he was going after coal. and he's followed through on it. >> the president has responded to the problems of mcconnell's state. earlier this year he announced a new economic initiative, spotlighting five communities, including one in kentucky. >> your country will help you remake your community on behalf of your kids, family by family, block by block. we call these communities promise zones. >> the program was sold as a way to retrain unemployed miners and provide seed money for new kind of jobs. but tony felosi, the director of economic development for harlan county, tells us that more than nine months after the president's announcement, his office has yet to see any money from the federal government. >> if president obama does not turn the promise zone into promises kept zones, then you're talk about communities disappearing. people that have been here for four, five, six generations, for 100, 150 years, gone. whole communities gone. whole ways of life gone. >> it ain't a promise zone, it's a lie zone. look at the way the coal mine industry is in harlan county. he's destroyed it. why should anybody believe what he's got to say now? i don't. >> what really bothers folks in coal country is what they see as the administration's punitive regulatory regime. indeed, far from easing up on regulations, the epa has recommended even tougher carbon dioxide restrictions, set to go in effect next year. environmentists applaud the move. the coal industry believes the proposed rules will be devastating. for her part, allison grimes, who declined to speak with us despite repeated requests for an interview, has gone out of her way to distance herself from the administration and from the environmental elite of her party. >> i will fight to make sure that coal has a long-term place in our national energy policy. >> shortly after the administration rolled out its new regulations, grimes laid in to president obama in this radio ad. >> your epa is targeting kentucky coal with pie in the sky regulations that are impossible to achieve. it's clear you have no idea how this affects kentucky. >> later, grimes famously declined to say whether she even voted for president obama. to joel cockin, grimes versus the obama epa represents once again the fight between the two wings of her party. >> the democratic party used to believe in economic growth. now the democratic party has really become more about redistribution. while the environmentalists really don't want growth because economic growth is bad for the environment in their minds. >> while grimes campaigns to separate herself from washington, mitch mcconnell wants to tie the two together. >> a vote for allison grimes is a vote for barack obama. >> i spoke to the senator recently in washington. >> and a vote for mitch mcconnell is a vote for kentucky. >> but allison grimes has painted herself as being a supporter of the coal industry and the jobs it once provided. >> but the most important vote she'll cast is the first vote when she gets there to make harry reid the leader of the senate. >> so vicious. >> and harry reid famously said, coal makes you sick. >> what will you do if you become majority leader for that coal mining industry? >> in the bill from the environmental protection agency, we will seek to restrict their funding so that they cannot pursue this crusade. if the president feels so strongly about his crusade he can veto the bill. but at least we're going to challenge him and challenge the epa to go in a different direction. >> how would you characterize the move to end coal towns like harlan? >> they wonder why the administration singled them out for punishment. and all of a sudden they're being targeted to pursue this crusade related to global warming. they're scratching their heads saying why us? why are you picking on us? in eastern kentucky, we have a depression thanks to barack obama. >> in harlan county, the voters are making up their minds. some seem willing to give grimes the benefit of the doubt. >> i like what she's going to try to do. she's going for the coal mining industry. she believes in coal mining industry. >> but many people, like donald farmer and c.b. bennett, are deeply suspicious due to her party affiliation. >> she's actually said that she's for the coal industry, the coal people. but she can't prove that to me. about anything she says i can say that hogs can fly. >> still, it's not as if mcconnell has closed the deal. there's plenty of suspicion of republicans as well. >> if he wants my vote or a lot of these people's votes here in these mountains, we are going to have to see something visually done. talk's cheap. talk's real cheap. >> he has voted against raising the minimum wage which would drastically needed during these times of hardship. he's also voted against extending the unemployment benefits for the coal miners that are out of work. >> when people lost their unemployment check here, they lost something. they lost what was paying their bills. they lost what it was taking to go out and try to find another job. no. no. >> we've been lied to so much, you don't know who to believe anymore. one can say i'm here for the coal mining industry to get votes to get in, then turn their back. no. we're sick of that. >> republican or democrat, don't care who you are. they need to get off their hind end and get out there, quit fighting over it, bickering over it, get out here and give us some help is what we need. i'm broke up, beat up, bruised up. but we all need help. >> but if kentucky is a state that seems on a downward slope, there's a booming state where the political battle is just as lively, and where a democratic incumbent looks like she might be in trouble. when we come back, louisiana. kentucky, as we've seen, is going through some tough times. louisiana, on the other hand, has enjoyed an unemployment rate generally well below the national average these past few years. but boom or bust, economic anxieties over the future of louisiana are playing a central role in what promises to be a barn burner of a senate race. and the winner may not even be known for more than a month after the election. that's because the state has what's called a jungle primary. all the candidates are on the ballot november 4th. and if no one gets a majority, there'll be a runoff between the top two on december 6th. and right now, neither of the two leading candidates, democratic incumbent mary landrieu and almost congressman bill cassidy, are polling over 50%. one reason? a second republican, rob manus, is averaging close to 10% in the polls. so there's a decent chance we'll see a runoff in december. imagine what that will be like if the fate of the senate hangs in the balance. the top two con senders, mary landrieu and bill cassidy, know the stakes. >> appreciate your vote in november. >> and both are sensitive to the economic ups and downs in louisiana. a state where oil and gas reign supreme. >> this is where my dad and i first lived when we moved to lake charles 40 years ago. i had a lot of failures. we didn't have a lot of money. >> steve jordan is ceo of central crude, based in lake charles, louisiana. >> my wife and i built this house just one minute from my work. i've got my terminal in the back and oil wells in the front. so i'm happy being an energy producer. >> his company specializes in transporting crude oil and natural gas. and in an age of new extraction techniques like fracking, business is booming. his 28-year-old son george handles day-to-day operations as the chief operating officer. >> it's because of the success we've had we now employ over 250 people. and that makes me really proud. >> one of those is richard johnson. in only two years, he's worked his way up from driver to field supervisor. >> this is one of the best jobs i have ever had. i work extra hours, everything. because that's what i love to do. >> the job also affords him a comfortable lifestyle. >> it means a lot. you're able to take a vacation to hawaii. you're able to buy a new vehicle every five years. buy a house. you're able to raise your kids. >> lake charles already has the highest year to year growth rate in louisiana. and new facilities are on their way, including a new petrol chemical plant and new natural gas terminals. the estimate 7800 new jobs over the next year. all in all, a $46.6 billion industrial expansion expected to come. >> there's a tremendously productive, high income-earning middle in places like lake charles of skilled trades people. electricians, welders, plumbers, pipe fitters. >> joe mason is a professor of economics at louisiana state university. >> very well not just in in lake charles but across the u.s. they pay because they involve skills. you can't be a dummy and go into welding or pipe fitting. >> but there may be dark clouds coming. for one thing, lake charles officials are concerned about new epa ozone regulations set to be proposed in december. >> we're troubled by the impact of epa. >> if the new ozone standards become as strict as both epa officials and environmentalists are recommending, natural gas and oil producers could go elsewhere. >> i think the risk is real. >> bill reyes is executive director of the port of lake charles. >> if the standards go low enough, then that gives them the pause to think, well, am i doing the right thing by investing my billions of dollars here, or am i better off investing it in some other part of the world? >> on top of all of this, there's the lack of progress on the keystone xl pipeline. the keystone pipeline planned to bring more crude from canada to gulf coast refineries. >> what do we want? >> more than once, the obama administration has prevented or postponed the completion of the pipeline. and its ultimate status is still unresolved today. >> what they decide in washington affects everybody. their decisions they make, like the keystone pipeline, it's going to be more all along the gulf coast to be moved. >> joe duval, who runs duval towing, works the concachoo river, the channel linking lake charles to the gulf coast. >> lake charles is a big refining area. and it provides a lot of jobs. >> the cost in jobs caused by the delay has become a potent political rallying cry. but environmentalists claim when it comes to such issues, opponents are missing the big picture. >> but fact of the matter is, it is not just an american issue. this is global. >> tom steyer is a san francisco-based hedge fund manager turned political activist with a mission to change american energy policy. >> as a nation, we don't just have to make the changes for ourselves. we have to lead the rest of the world. >> steyer has used his own wealth to support a green agenda across the nation. he believes the white house is on his side. >> the obama administration has been doing a great job on this for the last year. they have made it a priority. they're looking at it as a legacy issue. they're doing hard things in spite of what they think it might mean for them politically. >> the lsu professor thinks these might be costly if they're attached to democrats in states like louisiana. >> there does seem to be this hostility to oil and gas production per se that doesn't seem to make sense to me. the policy seems to me that they want middle class jobs, just not these middle class jobs. >> that's why in the louisiana senate race the leading republican, bill cassie, is trying to tie democrat mary landrieu to barack obama and his environmental policies. and it's why the senator is running away from them. coming up, i sit down with incumbent mary landrieu and leading republican challenger bill cassidy, both of whom are working hard to prove that he or she is the one who will let the good times roll. [ kevin ] this is connolly, cameron, zach, and clementine. we have a serious hairball issue. we clean it up, turn around, and there it is again. it's scary. little bit in my eye. [ michelle ] underneath the kitchen table, underneath my work desk, we've got enough to knit a sweater. [ doorbell rings ] zach, what is that? the swiffer sweeper. the swiffer dusters. it's some sort of magic cloth that sucks in all the dog hair. it's quick and easy. pretty amazing that it picked it all up. i would totally take on another dog. [ kevin ] really? ♪ if you're suffering from constipation or irregularity, powders may take days to work. for gentle overnight relief, try dulcolax laxative tablets. ducolax provides gentle overnight relief, unlike miralax that can take up to 3 days. dulcolax, for relief you can count on. like alliso like allison grimes in kentucky, louisiana senator mary landrieu sometimes seems to be running away from washington, as much as she's running for it. >> people in walk criticize me all the time. >> that's senator landrieu speaking at an oil and gas business event at the port of lake charles. >> not only are we creating jobs here for us, we are helping to create a middle class in america. >> i sat down to talk with her. she's a powerful figure in the senate, chairing the committee on energy and natural resources. but she's also been in washington for three terms. so how can she claim to have nothing to do with the unpopular regulations that worry so many local energy-related businesses? >> what do you say to critics who say, maybe you haven't done enough in that seat? >> because of the seniority and the clout that i have, i am a strong supporter of energy infrastructure. a strong supporter of domestic energy production. in fact, my bill was the bill that opened up 8.3 million acres of new land, the first land we've opened up for new drilling offshore. >> they tick down no votes on the senate floor on keystone xl pipeline. no hearings on ozone regulations that folks here in lake charles would think do real damage to the industry. and not one single piece of legislation, the critics say, voted on the senate floor that's come out of your committee. so i guess the question is, do you have a problem getting energy sector priorities past senator reid or the obama administration? >> well first of all, there's some problems with your list. the ozone is not in my committee, it's the epw committee. the other issue with keystone pipeline, i've actually raised the is up support of keystone pipeline from three democrats to 11 and i did everything i could to get a hearing on the floor of the senate. i'm not run the senate. harry reid and mitch mcconnell are run the senate. i promise you if i were we would have had a vote. >> her leading republican opponent bill cassidy thinks that's the problem. >> she's been ineffe ineffectua. she said her top priority was getting a senate vote on keystone xl pipeline. she was unable to do that. but she's also said her first vote will be for senator harry reid's re-election as senate majority leader. why would you make your first vote for him as opposed to voting for someone favoring our state? >> even if she hasn't gotten every vote she wanted, landrieu's influence has won her some real successes. in addition to opening up more area for drilling, she also helped get one of the few export terminals for liquified natural gas through washington's regulatory maze. >> i helped walk the shenier permit through when the country was, we're not sure. we're not sure. what do you mean you're not sure? >> the shenier plant construction on the sabine river, about an hour away from lake charles, employs 4,000 workers. when up and running, it will employ 600. >> why would the people of louisiana give up this energy gavel right at the time when we've got the power to design an energy policy for this country that recognizes the blessing of natural gas as a bridge fuel to the future. we're proud, i am proud of the oil and gas industry and their accomplishments. but we also want to move to alternative, cleaner energy where we can. >> and as she notes, even if her opponents don't like her record, at least she has one. >> my critics don't have much to run on themselves, which is why they're spending a lot of time talking about me. >> cassidy, meanwhile, claims senator landrieu's most notable trait is overwhelming allegiance to her party. >> senator landrieu supports barack obama 97% of the time. the president has a hostility to the energy industry. and senator landrieu supports him 97% of the time. why would you support so faithfully someone who is so hostile to our economy? >> central crude chief steve jordan, who we met earlier, has heard both candidates advocate for the energy industry. but when it comes to his vote, the incumbent, senator landrieu, has an inescapable liability. >> i do appreciate what she has advocated for the industry. unfortunately she just had a very bad bed mate that she's chose ton get in bed with named harry reid. and that's just really a tough albatross to have around your neck just like president obama. >> we talked to a lot of folks here. they like you. they know you. but you're going up against senator reid and obama administration that is against what they're fighting for. >> this really isn't this election about who's in the white house or who's the majority or minority leader of the senate, it's about who's the senator for louisiana that can continue to deliver for this state. people want a senator that will fight for them. >> the latest polls show a tight race that could head to a runoff in december. if no one wins 50% of the vote, a distinct possibility there will be a runoff december 6th. and the entire country could wait an extra month to find out which candidates go into washington. sheila! you see this ball control? you see this right? it's 80% confidence and 64% knee brace. that's more... shh... i know that's more than 100%. but that's what winners give. now bicycle kick your old 401(k) into an ira. i know, i know. listen, just get td ameritrade's rollover consultants on the horn. they'll guide you through the whole process. it's simple. even she could do it. whatever, janet. for all the confidence you need. td ameritrade. you got this. the ultimate arena for business. hour after hour of diving deep, touching base, and putting ducks in rows. the only problem with conference calls: eventually they have to end. unless you have the comcast business voiceedge mobile app. it lets you switch seamlessly from your desk phone to your mobile with no interruptions. i've never felt so alive. get the future of phone and the phones are free. comcast business. built for business. as we just saw, lakeh as we just saw, lake charles seems to be a boom town. but it's not the only one. in fact, one town that's been doing quite well in the past few years, property values are going through the roof, is washington, d.c. and the thriving center is arguably k street, the backbone of the lobbying industry. >> since the financial crisis and since the stimulus, most every industry in the u.s. has moved to washington. because that's where their source of fund is. >> other towns produce cars or coal or computers. but washington has a more intangible product. >> lake charles is selling oil and gas. washington is selling policy. and it's very clear when you visit washington the business that's going on, if you listen to conversations over lunch, is involved in the sale of policy. >> ultimately, the sale of policy can devolve into crumby capitalism. >> the thing is, washington is supposed to make rules. and different groups should be allowed to make their case. so the question becomes, how do you know when things have gone too far? when have we moved from sensible legislation to raw favoritism? from rational supervision to smothering regulation? >> hey hey epa. >> don't take our jobs away. >> there are plenty of people who think we've already gone too far. >> the boom in regulation, the regulatory industry, is a drag on economic growth. it's a drag on u.s. jobs and productivity. we can continue to expand this, but it's not going to do anything good for our country. >> the professor isn't alone in believe the obama administration has stifled free enterprise with burdensome regulation. of course there are powerful people who disagree. >> this is a pro-business agenda. this is a pro-economic growth agenda. >> but many americans beg to differ. a recent fox news poll suggests that by a wide 58-36% margin, the public isn't buying it. but there's one thing that everyone does agree on. this mid-term election will be a referendum on the president and his party's economic policies. and we have this from an authority a authoritative source. >> i'm not on the ballot this fall. but make no mistake, these policies are on the ballot, every single one of them. >> one odd thing about d.c. despite what might be going on in towns and cities across the country, the nation's capitol is thriving. yet this boom town has a higher degree of income inequality than any state in the union. >> spent plenty of time in washington. it amazes me every time that you have this homelessness right at capitol hill. >> who knows. maybe the protesters we saw earlier in san francisco will consider a trip east. maybe they'll occupy k street. the senate is often called the world's greatest deliberative body. but right now it's we the people who are doing the deliberating. across the nation, citizens are about to decide not only which candidate should win, but also which party should control the u.s. senate. and there no question economic issues are much on their minds. because americans know that decisions made here in the halls of congress, for better or worse, can add to or subtract from our pay day. so maybe we can look at november 4th this way. for one day of the year, it's time for the politicians to worry about their pay day. that's our program. thanks for watching. thought i told you to stay off our turf. and what would you know about turf, skipper? let's end this here and now! let's dance! flo: whoa there! progressive covers boaand rvs, okay? plenty of policies to go around. [ grunts ] oh, oh, i'm the bad guy? you threw a fish at us, so, yeah. yeah. coverage for land an now, that's progressive. tonight on "red eye." >> coming up on "red eye," should we ask hot model what's to do about isis? and how will they know we don't have the answer if we never ask? we pick up where special report left off. and how well does the vice president know the letters of the alphabet? >> i think i can name them all off the top of my head. let me say that again. i think i can name them all off the top of my head. >> and finally, what is more adorable, a sleeping puppy, a newborn cheetah cub or both happening out together? mike baker settle itself all next. none of these stories on "red eye" tonight jie. and now let's welcome our guest. she has more wave than

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