Is purely coincidence. Insisting that the military movement and wargames were prescheduled. And obama responding. Secretary of state john kerry warned russia that any military action in the ukraine would be a grave mistake. Russia needs to be careful in the judgments that it makes Going Forward here. We are not looking for confrontation. But we are making it clear that every country should respect the territorial integrity here. The sovereignty of the ukraine, russia has said it will do that. And we think its important that russia keeps its word. Lou the russian counterpart fireback. Warning the west and in sourcing decisions upon the ukrainian government. T is dangerous and counterproductive to try to force upon the ukraine the choice that you are with us or against us. It has to be part of a global european family that is meaningful of the term. Lou the permian pill in slow region the opposing groups, and some cases people getting killed. Two people were killed in the demonstrations and riots in more than 30 hospitalized. Drawing the ukraine back into the russian sphere. And its not likely going to allow this to go without a fight. Joining s is Lieutenant Colonel bill collins. Its good to have you with us. And as we were watching this unfold, we have secretary of state john kerry making what i consider to be an unexpectedly severe and stern warning that i am not certain that he can back out. What is your reaction first, if we may. For some its great to be with you. I appreciate being invited. I think that president Vladimir Putin has laughed off whatever secretary john kerry had to say. I dont think the russians think for one minute that this administration is going to do anything at all if they make a move on the ukraine. Having said that, i think that Vladimir Putin is a smart guy. Hes not going to do anything in the short term it really damages his standing. Hes riding the crest of a wave right now. There were no incidents. He is really the guy who is moving forward with their Nuclear Weapons and everything is on his ride right now. And i dont think that he wants to damage that by using oars at this time, but he is an old kgb operative and that i will take whatever time it takes in my judgment recreate what happened in georgia when back in 2000 a Russian Troops went into two of the provinces because russians and their, at the russians were being threatened. Lou so setting the stage for precisely that with his words. I thought, frankly, his use of the expression of the global community, talking about the ukraine membership therein of the European Community as if russia is the head of that particular table. An artful language and tone and president Vladimir Putin artfully has not said a word even as president obama in the white house secretary kerry are making some bellicose statements that again, i am not certain that this president is prepared to act up. I dont think we can back any of it up at all. I think that there is no military situation under which we would probably use force. The Vladimir Putin doesnt want to damage the reputation and standing that he has by introducing those forces. Theres nothing wrong with having 150,000 troops on the border as a demonstration of force and a reminder to those in the ukraine who are paying attention, that in the past he has used force one he felt necessary. Unfortunately over the long term we will see them divided into two distinct countries and regions and one of them being part of this and they are not going to let that go way. The rest of the area that is down there, 60 or more. And then we will see the other attributes and all the people who are demonstrating to get the president out towards the eu. Lou your son is serving a fifth tour in afghanistan. General martin ddmpsey theyre making some exceptional remarks today talking about the importance of u. S. Forces even as his commander in chief. Think theyre ready for this. Is it not . Yes, it is. I feel for all of those men and women over there that are still engaged in a fight and are living in this edge of uncertainty particularly with the possibility of Afghan Forces siding with the taliban and turning on her people. These are difficult things to be named. Difficult for the troops to be hearing this. I think hearing this. I could think at the end of the day there is a lot of talk in washington about when the new president gets to afghanistan we will be able to work status reports and an agreement and keep our security arrangement going. Im not sure that is what the white house wants. The president really wants to get all of our people out of afghanistan and i think that we are going to pay the penalty in the long run. Lou we thank you for being with us. Tensions flaring in the ukraine. President obama focusing on domestic politics and his agenda. The president going to a restored train depot in minnesota to ask congress for 300 billion to update the nations highways and bridges and rail systems and to make his case, well, he upped his 800 billiondollar stimulus practice. It was renovated and expanded with the help of what we call competitive grants that we created as part of the recovery act. Also known as the stimulus which actually works. Incredible. Still campaigning for an approval on the stimulus package and we are still waiting for that 5 Unemployment Rate that obama promised along with the stimulus in the past. And a new report shows the atf agents have lost track of guns over the past five years and apparently some leaving them in bathroom stalls, on top of cars, and engaged in a sixhour standoff outside an apartment complex that ended when they learned no one had been at home. We are coming right back. The tax man and ways and Means Committee chairman dave camp. Congressman mike turner joins us next. Ceo and chairman Richard Smith joins us tonight. Mine was earned in korea in 1953. Afghanistan, in 209. Orbiting the moon in 1971. [ male anuncer ] once its earned, us Auto Insurance is often handed down from generation generaton. Because it offers a superior evel of protecon. And because usaacommitment to serve current and former military members andheir families is without equal. Begin your legacy. Get an Auto Insurance quote. Usaa. We know what it means to see. Coach calls her a team player. Shes ind of special. She makes the whole team better. Hes the kind of player that puts the puck, horsehide, bullet. Right where it needs to be. Coach calls itogistics. Hes a great passer. Dependable. A winning team has to have one. Somebody you can count on. Somebody like my dad. This is my dad. Somebody like my mom. My grandfather. Im very pround of him. Them. Which will cause me to miss the end of the game. The x1 entertainment operating system lets your watch live tv anywhere. Can i watch it in Butterfly Valley . Sure. Can i watch it in glimmering lake . Yep. Here, too. What about the dark castle . You call that defense . come on [ female announcer ] watch live tv anywhere. The x1 entertainment operating system, only from xfinity. Lou on wall street, stocks were modestly higher. The s p up, the nasdaq was four. Crude oil is up 76 cents in gold prices down 15 settling at 13. 28. The tenyear down 2. 67 , staying within a very stable range. Target shares up 7 . Retailer and its data breach, costing 61 million and could extend also. And carl ichan being blamed for dysfunctional leadership in a new letter to shareholders. Has he overstepped . Some would say perhaps yes. We will find out. Be sure to listen to my Financial Reports the three times a day on the aol Radio Network for all of the biggest market and business news. Chairman dave camp revealing his proposal that the Republican Leadership is trying to downplay and distance themselves from that plan. Congressman mike turner is a member of the House Oversight and Armed Services committee. As indiscreet have you with us. When we start with tax reforms. He has worked very diligently to put this together. We need to make sure that we have a competitive tax code. Lou you guys really want to be on record with this important midterm election, calling for the deductibility and deductibles and i mean this is toxic stuff but he has put out there. Everyone knows that it is exactly as he has said and that requires a debate that will have to go across the country. Everyone knows that we need tax reform and that certainly is his way to start the debate. I think i might agree with you more if i wouldve had the experience of lower taxes as well as disappointing jobs growth. Regardless of your opinion, our tax code is abysmal and we need to start having a debate. Lou youve done not for five years. The administration has no proposal. Lou i have as much hesitation with the use of the word reform. Lou let me talk about the debate and the discussion. Does the Republican Party really want to eliminate deductibility on mortgage interest to illuminate this on state and local income taxes which will affect all folks out there paying tax is common not just higher income earnings . And this is a time that we need to be cutting. You cant have a proposal and i do think it is. I believe you believe that. But we have to have this discussion. Lou i appreciate your issue, but its part of this and if you persist in this, youre going to blow a Good Opportunity come november. That is just one journalists opinion. This is an important debate. I think that there are lots of issues that are important. Lets start wwth the debt. Lets start with the incredible deficit and the size of government. We have a tax problem and a spending problem. And it basically came to a grounding all. Lou what are you going to do about lois lerner . Dirty have the attorney general in contempt. What are you going to do a former senior irs official . Hes basically told you guys to buzz off. I have a bill, hr 1950 that criminalizes this action. Lou retroactively . The question is what are you going to do about lois lerner who has told you guys to buzz off. We are going to make certain that there are two aspects of the story are told. Hold people accountable and find out who did this. And you move forward with the legislation that holds people accountable if it haapens again. And i think the American People are shocked at what has occurred at the irs that the administration is doing nothing and we are going to work diligently to hold these people accountable to make sure this doesnt happen again. Lou no one is a bbgger fan of darrell issa than i am. And i think you know that. You and your committee have done brilliant work. I do think that you run the risk again of being rendered impotent if you hadnt gotten an approach here with lois lerner and we will pass some legislation later. And at some point it seems to me to have a strategy that is effective in exerting its well or quit looking badly. In order to do an investigation you have to make certain that you are continuing at your getting all of the information. But its not is happening within your news cycle. There are other people that were involved. Lou are you suggesting that it has ran out of sync . We knew that there had been a much larger involvement on the irs making certain that we find out who these people are. And we are tracking this down holding these people accountable. Both investigative and enforcement agency, is wrong and we are going to continue to work on. Lou thats great if you continue that investigation. What are you going to do about it . A witness that you had subpoenaed and telling you to buzz off area. I think you guys have heard from him before. As you know. We are continuing with the investigation to find out what other information we have. This was orchestrated and ways to compel the testimony. See what. Lou she is seeking immunity. Would you entertain that idea where maxima gasoline on. Shes violating the Constitutional Rights and i dont think anyone should receive immunity was part of that scheme to tell the story of how we did it. We will find the people and hold them accountable and whether this president likes it or not. Lou i couldnt agree with yoo more. The question is at what point is there a result. At what point is there a productive and constructive result that is in the interest of those values and the constitution. You cant just quit. You cant just say that we have the answer yet. The administration has not been cooperating. We have been subpoenaing the irs and working on this process and people who testified were getting to the bottom of this. Because the president knows that they might quit. Lou one last question. I wanted to talk about what are you going to do about the budget cuts for the military . This is something that is really disturbing. I oppose sequestration. Part of the cuts are part of the tenure program. The dod looks out for the uncertainty of the president to be sequestered and theyre looking how to take these cuts in spending drops. And this is an area that goes right to the heart of our nationals. And we will not only have a week and natural security but a military that would not be capable to withstand to our adversary. Lou we agree that the cuts are draconian and absolute disaster for the national security. Tonight we a right now. As you know every year for the military to unction we have two have authorization bills and the funding bills. Those are the bills that we are working on right now. We will work through it and are things that need to be reduction and we will take a look at those also congressman mike turner. They do so much. Up next, home sales rising, prices posted their biggest gains. President and ceo Richard Smith president and ceo Richard Smith is coming up next. In the new new york, we don back down. President and ceo Richard Smith is coming up next. We only know one direction up so wereup late. Y. Thinking up gamecchanging ideas, likehis dozens of tax free zones across new york state. , move here. Expand here. Or start a new business here. And pay no taxes for 10 years. With n jobs, new opportunities and a new tax free plan. Theres on one way for your business to go. Up. Find out if your business can qualify at startupny. Com. Friday nightbuddy. You are nna need a ngman. And my cash back eps the party going. But my Airline Miles take it worldwide. [ male announcer ] it shouldnt be thisard. With creditcards. Com, its easy search hundreds of cards and apply online. Critcards. Com. Hall sales up almost 10 percent the highest since 2008 following disappointing reports recently played being mostly on cold weather here with the outlook is Richard Smith the chairman and ceo the Parent Company of Coldwell Banker and a century 21. Great to have you with us. Congratulations on your results. Impressive and housing right now people are confused with the mixed signals. What is your outlook . The housing recession retracted and we will not recover in a few years. But it will be a long recovery process. The example is the number today. Nobody would have predicted that in fact, there would have predicted the opposite. Background in economics, environment, whet her the magistrates contributing to a lower forecast. It caught everyone off guard to year over year on new home sales. Existing homes is a different category. We had a great year. I appreciate the recognition. We are prepared for the continuation. The existing home sales we only give drivers for the First Quarter every subsequent quarter we dont live for the year. But based what we have seen how sales will be down in the range of three through 5 . There is a reason. The price will be up 13 or 15 on existing home sales. Either bright or wrong sales volume growth, the price is reacting to a the strong demand. Manhattan has literally one month to drive prices. Southern california we have weeks. The absence of the inventory is the single greatest concern as to the trend line for the recovery. Lou with the discussion document, i am absolutely buffaloed as to why the republicans would proceed with this document. Start out with 10 percent surcharge for highincome earners . Your initial reaction . I applaud the intent. I think the timing is poor. I certainly would not take a position like this before the midterm soar the president ial election. But in the midst of a housing recovery you should not have a discussion that is not conditional to housing or policy. For decades this is in the economys best interest to have a discussion about falling back at a time. Lou bubbles of deductibility i find is to define. The effect is four years and to throw away brand equity it is punitive to the high income markets with the entire east coast if you take away that deductibility of local realestate taxes that has a very damaging impact. We do know that both parties listen so there is some good judgment. We appreciate it. Richard smith. Of Northern California couple strike gold letter of the finding 10 billion period buried in their property. The story when we come back. The democratic mid term strategy played republicans for the war on women. We will talk with their favorite talkshow host about that idea is. And my commentary about the tax reform plan. Straight ahead. We asked people a question, how much money do u ink youll need when you retire . 0,000. Maybe halfmillion. Say a million dolla. [ dan ] then we gaveach person a ribbon to show how ma years that amount might last. I was trying to like pl it a littlfurther. You know, i was trying to stretch it a ltle bit more. [ woman ] got me to 70 years old. Im going to have to rethink this thing. [ man ] i looked around t everybodelse and i was like, are you kidding me . [ dan ] its just human nature to focus on the here and now. So its hard to imagine h much well need for a retirement that could last 30 years orore. So maybe we need to approach things differently, if we want to be ready r a longer retirement. Lou we have 89. The a team think you for beinh us. The democrats big strategy is to talk about something women . He repub