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It s very dangerous. speaking of threats, north korea, again. pointing missiles. the new one is yesterday they warned the moment of explosion is approaching fast. they moved their missiles to the east coast, going to hit guam, going to hit japan. i never want to minimize any type of threat. but in the world we live in right now, in this post 9/11 world, to me, talk about empty. this is just one more it s negotiating. when are we going to stop with the bull tips. nuclear threat, nuclear threat. am i crazy? no, i don t think you re crazy at all. you have a new government in north korea. he s 27, 28. actually, rikki was pointing it out. but a new government in japan, a new government in china, a new government in south korea. i agree with you, it s completely bitter. but what we have seen is while they ve moved their military solutions over the east coast, there hasn t actually been a serious heightening of military action that coordinates with the military rhetoric. ....
So for the obama administration, what they somehow have to argue is, this was bad because it was worse than they knew. romney will say, you tailed by your own measure. is they will say, we thought the recession was about a third as bad as it was. and everybody thought that, goldman sachs and the other banks thought that. so we were optimistic in the way that everybody was optimistic, but if we hadn t done what we did, things would be much worse today. so does president obama at the debate tonight just say, hey, everybody was wrong about how bad the recession was, flkding us? we couldn t see it coming? so, that s a little bit a part of it. but the problem for them, and i image romney will get into this, but year over year, the obama administration has been too optimistic. for years, pretty much every year so far, they ve said the economy is going to recover faster than it actually has. and there are reasons it didn t. europe imploded. there was a tsunami that hit japan, rocking glob ....
now almost up 30 cents in just a month. what s behind the price at the pump and what you ll be paying come labor day. the big one. startling new report out saying oregon could get rattled by a major earthquake just like the one that struck japan. a 9.0, not if, but when is the northwest ready? and robin hood, robbing from the rich and giving to the poor. the mythical character now front and center in the political fight over your taxes. the president has a brand-new punch line aimed at mitt romney. it s like robin hood in reverse. it s romney hood. sherwood forest hasn t seen anything like this. newsroom begins right now. and good morning. thank you so much for joining us. i m carol costello. we begin with new details of heroism emerging this morning from that deadly shooting rampage near milwaukee. satwan singh was president of the sikh temple, and he died trying to protect his fellow worshippers. he was armed but only with a butter knife. police say he sav ....
carry a long gun in his vehicle because in his words anything that requires a long gun requires a lot of paperwork and you re doing to find me as far away from it. he took two lunch breaks and attended a going away party. he began working as a community volunteer coordinator and months later praised their professionalism. arizona working to contain a wildfire. crews are being hampered by high winds, low human. the fire has scorched more than 16,000 acres. the state has issued a declaration of emergency. i want to bring in chad myers to talk about this. are we seeing any end in sight? no, and the wind is going to be 35 to 45 miles per hour. so that s going to harmper, too. the wind was blowing from the south, now blowing from the west. that makes firefighters scramble around. they know where the defense is, they know which way the fire is moving and all of a sudden after the cold front it changes direction. believe this or not, back the middle of may, may 15th, a w ....
He would resign. so he s clearly not everybody else did. he s blaming everybody else. including europe and including the tsunami. those were factors. those were factors. when europe slows down as it has, that s a factor that does affect america and the tsunami which hit japan is a factor which affected the united states. but the core problem here is the failure of president obama s spend, spend, spend stimulus, spend some more program. it has not worked. and now the democrats are blaming everybody else. and treasury secretary geithner is taking a lead role in that blame game. all right. we ll hear more about this on varney & company i m sure kicks after the 9:20 a.m. eastern time on the fox business network. thank you, stu. thank you, sir. next up on the rundown, the president vowed not to take money from lobbyists but a new report revealing the exact opposite as you look live at 1600 pennsylvania avenue. and all she wanted was her boyfriend home from the war safe ....