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So the Justice Department gets back door access to the phone records of the Associated Press.
The IRS hassles Tea Party groups and the White House refuses to reveal emails -- -- -- investigation.
Is this the imperial presidency and should business be wary because maybe they're coming after your company next.
Let's talk fallout with Bruce Becker Fox Business Washington bureau chief Gregg Jarrett.
A lawyer and Fox News anchor and Dylan Glenn of Guggenheim partners Bruce -- deep inside the beltway.
How bad is this right now for the Obama illustration and is the president danger of losing his entire second term to inquiries and investigations.
Yeah well let's remember -- the the power of the presidency.
Is in his ability to set the agenda it when he wants to talk about gun control or health care.
The press corps usually follows these these -- of it in many cases these most recent.
Allegations and accusations.
Our have to do with the press of course the AP they -- they were looking into their phone records.
On Ben Ghazi for example -- -- white house press corps feels like they were lied to.
So it is so -- a couple of these cases it's the press -- -- that is is the subject or the recipient of this of these problems and so.
I think that.
He -- you know they'll be less compliant in following the agenda that the president wants to set.
-- because of this yet because of these these examples.
OK if Gregg Jarrett is one thing to subpoena the records of a business -- -- -- the business but when you go after a media outlet for him by the First Amendment has the Obama administration done this before.
-- yes and so arguably has the Bush Administration against the Washington Post in the New York Times and I got spanked for it and inspector general.
Report just came out last year and said quote.
The FBI violated its own policies in tens of thousands of cases of obtaining phone records so.
This is more the same thing.
It sure is Dylan Glenn talk about a from the business side in your client companies that -- Guggenheim partners it.
If governments -- -- backdoor access to investigate even reporters should -- fear that it could do the same to them.
I think I'd look at a -- broader sense that that it's this you're gonna have a season of scandals and then investigations.
Easily going into the summer beyond I think that has a chilling effect on the economy when I think about it and -- concerns I think for for businesses obviously is is you know government overreaching and having access to to people's personal files and and and private files.
To use whatever purposes they choose this is an age old sort of political concern that.
That manifest itself you know dating back to write to him okay being investigated active so I think these are all concerns and have a chilling effect if you will -- On an economy that's already -- Quite slow and distracts us from -- deficit problem all that Bruce Becker in Washington.
Is this so far mainly partisan politics or is this now even -- are jumping on this and this is gone bipartisan.
Yet Democrats are definitely jumping on this and this will.
This will divert attention because it gives they did the president's critics it up on Capitol Hill.
-- -- to seize on and that's that's on it.
A member of congress told me this morning is that they've they've now got something to focus on.
And I'm the one thing I would differ from -- guessed it is that.
Sometimes business likes attention.
Going elsewhere did a lot of what the business community's interest on things things going on in Washington.
Par is not a from a defensive posture and to try to limit the damage of some of the -- is some of the bill legislation that's out there and so they might like having the attention elsewhere so they can kind of quietly.
I'll work on some of the issues that they don't want to work -- Good Gregg Jarrett you know if this doesn't have to beat all consuming for this -- -- mean if the president and his advisors come out.
And get in front of the sample -- -- let's defense they could turnaround could.
It can't help themselves according to for a federal judge and former attorney general Michael -- is -- I just finished interviewing.
He says something interesting.
He said -- behavior.
Is chronic and they can't help themselves this is just like -- Ghazi he said because the AP story.
Defeated the narrative that the president has been trying to is to sell and that is I've defeated al-Qaeda in GM's alive bin Laden's dead and al-Qaeda is on its way out and this whole Associated Press story that they're now trying to get to the bottom all of the DOJ is he's just like being Nazis in the case any also said he said this subpoena.
Is way over broad and it's illegal.
Yet but don't let -- won one last quote the question here.
The president -- didn't find out about any of this until Friday he says and the senior most people the IRS knew about this a full year ago.
Should the president his if -- have known about this long ago.
You know I got used to have the privilege of being in that.
Spotter that the White House and I I would think it's very odd that the -- to know about this -- people close to the president didn't know about this.
And again to go back to your earlier report I think that this erodes further erodes the confidence that.
The people have and our government which is -- what's chilling and what we'll have a chilling effect on the economy going forward especially when you think about.
The fact of the government's about to try to implement this new this new entitlement in terms of obamacare and so I think.
In terms of confidence in the government -- ability to get things right he did and I entered to orchestrate things.
This has to be very chilling it's taken a -- that article thanks so much for being let us Gregg Jarrett Dylan Glenn and Bruce backer today don't.
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