This is a RUSH transcript from "The O'Reilly Factor," September 13, 2013. This copy may not be in its final form and may be updated.
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O'REILLY: "Lou's the Boss" segment tonight two hot topics beginning with new information about the IRS targeting conservative Americans. Here now Fox Business anchor, Lou Dobbs. So what's the new information?
LOU DOBBBS, FOX BUSINESS ANCHOR: New information, new e-mails disclosed and Dave Camp the chairman of Ways and Means letting these e- mails move out in which Lois Lerner who famously took the Fifth Amendment on the IRS scandal saying that laying it out before -- before it was generally known that they were targeting saying that this is going to be problematic. We've got to be careful --
O'REILLY: About the Tea Party?
DOBBS: The Tea Party and other conservative groups.
O'REILLY: And the Tea Party is mentioned in that.
O'REILLY: So Lerner says that she didn't know anything about this targeting of the Tea Party until June. But these e-mails are February?
DOBBS: And May. She specifically lays out the fact that they could be extraordinarily dangerous.
O'REILLY: All right so now we have Lerner lying in -- lying.
O'REILLY: Yes that's why she took the Fifth because she didn't want to lie under oath --
O'REILLY: -- you put her in jail.
So why don't -- why doesn't the Republican Party go after this woman? Because this is the whole case -- Lerner is the whole case.
DOBBS: You're exactly right. And Darrell Issa, Dave Camp, all of these chairmen, have to decide that this will be carried out this investigation, to a conclusion. There has to be accountability.
O'REILLY: And because right now we don't know where it is and Syria has knocked it off you know the consciousness.
DOBBS: There's all sorts of distractions, deflections.
O'REILLY: And reality is this administration isn't being held accountable for what is outright corruption, political corruption.
O'REILLY: And we still -- and we still don't know who in the White House was the liaison on all of this.
O'REILLY: And you know, but we know that the IRS visited the White House way too many times.
All right, unemployment rate in this country has dropped to 7.3 percent.
O'REILLY: But then they tell us that people aren't even looking for jobs at a record number. That if everybody who is eligible to work, I guess that's under age 65 was looking for jobs the unemployment rate would be 11 percent, not 7.3 percent.
But, there is always a but, and that's why -- that's why these business pinheads, you just, your head will blow off. But one of the reasons why they are not looking for jobs many baby boomers like me are retiring.
DOBBS: And at a rate of about 10,000 a day. There are 77 million baby boomers born between the years -- after 1946.
O'REILLY: '46 right.
DOBBS: And as we watched them retiring at a rate of about 3.5 million a year, replacing them are the so-called millennials and they are not getting jobs.
O'REILLY: But so it's not really fair though than to blame Obama for a soft job market when so many people are retiring.
DOBBS: Actually, I wouldn't blame just Obama. There are a host of factors that go into why we are not creating jobs.
O'REILLY: See I think the more important stat is the underemployed people. The people who can't get full-time work who want it and need it.
DOBBS: Right, right.
O'REILLY: I think that's the real key.
DOBBS: The so-called U6 in the labor.