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had opportunities to work on a national campaign and i would have done, if our circumstances were different. >> reporter: how does lauren feel about you working with the president and him taking your time away. >> she was having a hard time understanding why hivi was livi in washington and, not only and she'd say, how come barack obama needs so much help. >> what do you think about your dad gone in washington, for so much work. >> i miss my dad, he has been in washington, this year. >> reporter: lauren is always in his thoughts and one of her paintings hangs in his west wing office. it's the white house but she added a reflection of the chicago skyline in the water. >> the first thing i see when i walk into my office, every day and is a little piece of home. >> reporter: he will be leaving the white house, soon. returning to chicago, to be closer to his family, and to start president obama's re-election campaign. >> it is a privilege of a lifetime, to serve and to serve
mistake, two years ago, when it decided to guarantee not only the depositors in their banks but all of their creditors as well, no country is big enough to do that with a banking system, small country, switzerland couldn't do it. switzerland got outside help during the crisis in 2008. so, they are paying the piper for it and it is too bad, bill, because ireland itself has taken real austerity measures the last year-and-a-half and did not wait to hit the wall like greece did and they have to find a way out of this. and the bank situation... bill: if that is the case, maybe ireland is okay on good footing eventually but are we back to the question, are we back to bailouts? >> well, in this case, they did it. and i think that is why the prime minister will be, perhaps, having new -- to search for new opportunity in his professional life and we have a situation here at home, california, illinois, number of municipalities, and counties, and what you will see there is not a blanket bailout, bill, what you will see is the united
yesterday, the first part of it, she suffers with epilepsy and david and susan have been on a long and often frightening journey to deal with the debilitating seizures and the outcome is a happy one, she's seizure free, learned to live more on her own and lives at a special place, that caters to people who have been dealt shall we say a tougher set of cards than the rest of us have. called misericordia, outside of chicago and we'll take you there, to see how the axelrods and many others have found a safe harbor. >> ♪ ♪ god made me... >> reporter: she's one of the daughter of the most powerful men in washington. her dad, david, is a senior advisor to president obama. since lauren has an infant she suffered an onslaught of epileptic seizures, literally assaults to the brain and
we watched yesterday in ireland, political and financial chaos. in ireland. possibly a frightening forecast of things to come here, at home, the prime minister of ireland, now facing a mutiny, his own party trying to oust him out of office and it could impact the potential $135 billion bailout, ireland hopes to get, from the european union. 135 billion dollars, for ireland alone. that country on the brink of bankruptcy because of real estate speculation by irish banks and, who better to talk about this than steve forbes, editor-in-chief of "forbes" magazine. how are you doing? >> good to be with you. >> when we see it we wonder if it will come here and you saw what happened with the school issue in california a week ago, far separate from what we see in ireland now. but, what do you make about the call for ireland to get $135 billion, and now, the talk of others getting in line as well? are we back to bailout world? >> well, unfortunately, the irish situation was not a necessity at all, ireland made a
states, these countries -- counties, these states are going to have to make major restructuring, like new jersey is now with its own finances, congress is not going to step in and bail them out, the federal reserve tries it, you will see a real mutiny and political storm. bill: back to the federal reserve point in a moment here, you are saying that with regard to new jersey, the measures, the governor is pushing this, chris christie, are others following his lead? because clearly you know they are studying him. now you think of what is happening in california, a $20 billion debt in california, one state alone. i don't know what your view is. is california capable of bailing itself out? or ultimately does the price tag go to washington which reflects upon us, the taxpayer. >> i don't think politically it will happen. virginia is also taking steps, they weren't in as bad shape as new jersey but i think the unions in california, i was there a couple days ago, the word is they are beginning to realize, especially now they
have their own governor, inju in jerry brown, may be more willing to listen to him than perhaps a republican and realize it cannot continue, there is no magic bailout coming and they have to make major restructuring which will be a healthy thing in california, illinois and elsewhere, messy but necessary. bill: do you think new jersey is successful? >> new jersey has been successful so far. they passed the budget as you nobody several months ago, and spending levels were less than they were four years ago. this was a republican governor with a democrat legislature. and he also got through a cap on property tax increases, also, got through cuts in the top income tax rate, let that increase expire and you put all that together and, yes, people are recognizing, popularity -- people are recognizing, bill, this cannot continue, crazy spending and taxing of the last ten years, has to stop, has to
coming from wfld. bill: we talked about the weather system, right, warm air in the front and cold air from the behind, a deadly mixture, in a moment one of our biggest stories of the day, what is happening with the koreas, will it be war, the pentagon refusing to comments on whether or not u.s. forces are on a hoeightene state of alerted, more by the minute here, on fox. martha: and, enlist in the military, enroll in college and you are an american citizen, the g.o.p.'s latest plan to block the "dream act", lou dobbs is here, in the house, and he'll weigh in on this after the break. >> these are your brothers, cousins, nephews, part of your family, coworkers and kids going to school with you and you care about them immensely and it would be great, it is really one family of people out there. they came as children, and we shouldn't hold children responsible for the actions of adults. join the jaguar platinum celebration !
bill: 9:30 in no, it's a busy tuesday morning. police are searching for a suspect after an attack on a u.s. border patrol agent in california, the agent making a traffic stop when hit by a car, the officer suffered a dislocated shoulder. grim story in los angeles, only moments before a two-year-old plunged 30 feet to his death at the staples center in l.a., police say his family was taking pictures inside of a luxury suite. this was at the end of the game, the mba l.a. lakers playing the clippers. child services is now investigating that. we are waiting for an announcement from investigators in aruba in whether or not a jawbone found on the island belonged to missing teenager natalee holloway, dutch investigators requested holloway's dental records as they analyze the bone found by a tourist. that announcement could come at any moment. 9:30 now. here's martha.
>> what do you think about working for the president. >> i miss my dad when he's been in washington this year. [ female announcer ] humana and walmart are teaming up
history of it having success. >> and i think that is absolutely true. but, again, i think the real failing here and the real opposition to any mutuovement h been created by the obama administration and the democratic leaders, the way they've proceeded. >> lou dobbs says the dream act will not happen. >> correct. bill: six weeks to go. thank you, lou. welcome on board, you have met my friend, martha. martha: good to see you and welcome, welcome, good to have you here. coming up we have this story: one of the most powerful men in the white house. but, at home, president obama's senior advisor, david axelrod has the important duty of being a dad. we'll give you an up-close look at his battle to save his daughter's life. >> i was having a hard time understanding why i was living in washington and not home and she'd say, how come barack obama needs so much help.