Eric Holder paints grim picture of race relations in America

This is a rush transcript from "The Five," May 19, 2014. This copy may not be in its final form and may be updated.

KIMBERLY GUILFOYLE, CO-HOST: Hello, everyone. I'm Kimberly Guilfoyle, along with Bob Beckel, Eric Bolling, Andrea Tantaros and Jesse Waters.

It's 5 o'clock in New York City and this is "The Five."


GUILFOYLE: They knew. President Obama and his incoming administration were reportedly warned by the V.A. about severe health care backlogs for vets back in 2008. So, why has the president let dozens of our veterans die waiting for treatment? The White House claims there's no one more outrage about these backlogs than our commander in chief.


DENIS MCDONOUGH, WHITE HOUSE CHIEF OF STAFF: The president is madder than hell, and I've got the scars to prove it. Nobody is more outraged about this problem right now, Major, than the president of the United States, and he will continue to press as it relates to this question of timely access to care until it is fixed.


GUILFOYLE: So, so why around we hearing directly from him?

Well, that's what our vets want to know.


DAN DELLINGER, AMERICAN LEGION: We need the White House, the president to come forward. He needs to make a statement to show the employees of V.A., that this needs to change now. One death is tragic, but when you hide it, that's unforgivable.


GUILFOYLE: Well, one lawmaker wants to know if crimes had been committed and is echoing calls for the president's V.A. secretary to step down.


REP. ADAM KINZINGER (R), ILLINOIS: This has gone from incompetence and a backlog, to something criminal, something where people are hiding veterans names, people are dying. I think it's time for Shinseki to resign because we need to get somebody there. He's a great guy, a great American, but somebody there that knows how to fix the problem.


GUILFOYLE: So, you are still seeing some measured enthusiasm about calling for the secretary to step down for Shinseki because people are saying, he's a great American, he's a four-star general, he has served his country well, he's a disabled veteran himself. So, still a little bit of a tempered reaction. But now, more and more coming out that's going to make it more difficult.

ERIC BOLLING, CO-HOST: More and more tempered reaction from the White House keeping their enthusiasm for him, because as long as it stays on General Shinseki, it's going to stay off President Obama.

Here's what's really going on in the White House, though -- a disingenuous firing of Dr. Robert Petzel after the guy had already quoted in December of 2013 or so, he said he was definitely going to retire in '14 anyway. So, that's disingenuous.

They said they were going to be held accountable with that firing. More whistleblowers, more V.A. problems, no word from the Obama administration, except Denis McDonough, chief of staff saying, President Obama isn't mad as hell, K.G., he's madder than hell, but take a look of this picture that -- this is President Obama on Friday, while all this news was breaking, there he is at the Shake Shack in D.C. This isn't PhotoShopped. This was release from the That's him shimmying across the counter at the Shake Shack in D.C.

Is that man right there look like he's madder than hell that our veterans are dying, waiting for health care?

GUILFOYLE: Well, look, you're going to be you're the president. You're going to have to go out and do these things, do these photo-ops, go meet with people, it's a bad timing or should have kind of controlled where he was in the schedule more?

BOB BECKEL, CO-HOST: First of all, to say at the outset and I don't know who wrote that thing, but to say the president of the United States let 20 people day, it's outrageous, it's disgusting, and it is no place in the show, number one.

Number two, the report that he got at the end of 2008, going into 2009, had the backlogs that were building during the bush administration. This has been going for a long time. It's not just Bush. It goes back before that. The V.A. has been overloaded.

And then we have two wars, one in Afghanistan that was legitimate, one in Iraq that was not, but it ended with million people coming back needing V.A. benefits. It was overloaded. They actually have come down a lot under the Obama administration.

GUILFOYLE: All right. Well, OK, Bob, that's a fair point, right? Because you are saying this isn't something that just came about while President Obama was in office but what we do know, Andrea, is -- sure this was a problem that was arising even during when Bush was in.

However at the time that the transition happened, even back to 2008 - - they were given information, detailed reports that this was a burgeoning problem, that it was a huge issue that had to be addressed. And what we're talking about is steps that have or have not been taken in the aftermath, having that possession of that information.

ANDREA TANTAROS, CO-HOST: It's government-run health care. What do you expect? If you open the pages of any British newspaper on any given day, it is a constant source of tabloid headlines, Kimberly, waiting lists, amputating, I should say, the wrong leg.

It's government-run health care. It's a problem. And you know what? It's not going to be fixed.

Bob is absolutely right. The V.A. was plagued with problems going back years. Republicans and Democrats have defended the V.A. Veterans love it until they get sick.

But look at the problems in the V.A. I mean, these veterans can't get the right drugs, because why? Because there's price controls in the V.A.

President Obama, I don't believe he's madder than hell, because if he was, he would make a statement about it. He would share his feelings. But he's not really mad about it because this is the precursor so ObamaCare. It just happens to be our greatest generation this time having to deal with the government.

And this is what I predict -- I predict President Obama, if he's really savvy, he's going to come out and he's going to say, OK, pass the supplemental budget to the V.A. He's going to say I want it on my desk in 48 hours and the Republicans are going to go -- gulp, and even Republicans who vote for more money for the V.A., which is not the source of the problem, is going to have Democrats use it against them in the election. They are going to turn it around and make it a political issue.

GUILFOYLE: It could be political suicide.

BECKEL: Obama asked to double the amount of money that Bush --

TANTAROS: It's not a money problem, though, Bob. It's an incentive issue. And the reason it has no competition, that's why you have these problems. But that's what Obama will do -- ask for more money and it won't do anything.

GUILFOYLE: Jesse, I want to get you in, because, you know, we're all raising valid points, right? But you can't just throw money after a problem without having some infrastructure and some oversight and real investigation as to why this dead list -- waiting list essentially, euthanizing veterans, happen to begin with.

JESSE WATTERS, CO-HOST: Right. Money is not the answer. They've gotten bigger budget ever single year. And they always do. It's about incompetence.

And this is a smoking gun memo, and they had to sue the Obama administration to get it, like they do with every information that comes out of this White House.

They warned about and its failure. Nothing was done.

They warned about Benghazi security, nothing was done.

They warned about Solyndra, but they double down there.

I mean, this shows a real pattern of criminal negligence, OK? Criminal negligence -- people are dying at the V.A. because of this. People died in Benghazi.

BECKEL: Because of what?

WATTERS: People died in Fast and Furious because they were giving --

BECKEL: They're dying because of what? Because of Obama, is that what you're saying?

WATTERS: They cooked the books. It's a hide desk. They put people on the waiting lists for bonuses, Bob. They knew about it for years and didn't do anything about it. Are you OK with that?


BOLLING: This isn't because of President Obama. I mean, clearly there was backlogs prior to this in the V.A.

But here's the issue, President Obama said he was going to take care of it. He said he was going to fix it. He took the responsibility going forward. So, if people are dying after he says he was going to do something, he does absolutely nothing --

BECKEL: That's wrong. He did do a lot of things.

BOLLING: Like what, Bob?

BECKEL: He doubled the budget for the V.A. And I don't care what you say. The V.A., it does unique surgeries and other things that other hospitals cannot do.

BOLLING: Refute Andrea's claim which I agree 100 percent with that the V.A. is government-run health care and ObamaCare will be nothing more than a multiple size V.A. for everybody.

BECKEL: There is no organization better suited to deal with PTSD than the Veterans Administration.

BOLLING: How do you refute that?

BECKEL: How do you refute what?

BOLLING: That the V.A. is a -- it's a text --

GUILFOYLE: This is sort of a litmus case. It's like a little test case to see what's going to come.

BOLLING: A little test case? It's a huge operation.

GUILFOYLE: But ObamaCare is even bigger.

BOLLING: Thirty percent of the cases are about post-traumatic stress. The V.A. is well-equipped to deal with it to the extent there --


TANTAROS: Bob, it may be true on some level that the V.A. can do certain things better than private hospitals or university hospitals. However, if you opened up the system and made some choice in competition, these other hospitals would adjust and they would have the right training because there would be an open market to do this.

It will never happen though. Look at Canada, the U.K., anywhere that there is a government-run health care, you have these types of problems, waiting list, bad headlines. And I predict -- even more are going to come out. This is just the beginning.

GUILFOYLE: Right. There's physical health problems, there's also mental health components to this. Imagine you are waiting for something eight months. This one, waiting for something, told you have amputation because you have gangrene and they make you wait eight months.

Listen to what we have here, Veterans Affairs psychiatrist, listen to what she has to say, Dr. Margaret Moxness said.


STEVE DOOCY, FOX NEWS ANCHOR: How many of your patients committed suicide waiting to come off the waiting list?

DR. MARGARET MOXNESS, V.A. PSYCHIATRIST: Well, I was there briefly now, less than two years and there were two. But I was in a very tight- knit community. There was lots of extracurricular support, family, faith, vet centers. So, we had help but no thanks to the V.A., I'm sorry -- I mean, these men were eventually going to need more than a visit every 10 months.


GUILFOYLE: She's a whistle-blower, Bob.

BECKEL: Two people died. That's a whistle-blower? Two people died. She's got a full psychiatric practice, and two people died. You're having psychiatric case in America, two is a very small percentage.

GUIFOYLE: You know what? Two is two too many. That's the problem.

BECKEL: And, by the way, you're saying here that gangrene, people have gangrene, they are waiting for their legs taken off.

GUILFOYLE: Read the material. It's all there.

BECKEL: I don't know where they came from. But if it wherever it came from, some right thing think tank, because that is not true. Somebody has gangrene in the V.A. hospital and get their leg taken off, that's just bull --

GUILFOYLE: Well, sorry, those are facts.

BOLLING: Bob, they have whistle-blower after whistle-blower telling us that this waiting list -- there are secret waiting lists. By the way, heart conditions, cancer, things that need immediate treatment, V.A. is putting on month-long waiting list to get the treatment, where do you hear that before? Where do you hear the warning of waiting to see if you're going to get treatment before?

IPAB, remember this? The death panels that everyone is so worried about, here it is. That's our future right there.

BECKEL: You ask veterans in this country, if they want to do away with the V.A., it would be a resounding no.

GUILFOYLE: No one is talking about doing away with it, right?

WATTERS: No one is saying get rid of it. We're just talking about reform it and maybe fire someone --


BECKEL: No, no, you're saying privatize it. Now, you're saying reform it.

TANTAROS: No, on Friday, I said, what would be an interesting idea is that if they appointed an independent committee to come back with suggestions to reform it. In the meantime, give these veterans who are on this list vouchers so they can go and get the treatment and the quality care that they need at a localized hospital.

I don't think could do it.

BECKEL: I have no problem --

TANTAROS: Here's what's so frustrating, Bob, if Jay Carney came out today. He said the president learned about this by reading the newspapers. This is what he says every time there's a scandal. If he pledged to fix this when he came in office, don't you think he would be actively following up on this every couple of months, instead of saying I'd just picked up the newspaper and saw these veterans are dying.

WATTERS: Do you remember in "The Washington Post," that huge expose being done on the Walter Reed medical facility? All hell broke loose. Bush went down there personally the next couple of weeks, spent some time there, appointed a new overseer, fired the guy who is in charge and a year later, it's in much better shape that it has now.

BECKEL: How long had been going on before Bush get down there?

WATTERS: Going on for a long time. But you know what, when it came to light, he fixed it immediately. The president has been on vacations for three weeks on this. He's been playing golf. He was shimmying at the Shake Shack. Where's the leadership?


BOLLING: You can't apply the Bush's fault to this, too. Can you?


BOLLING: Five years into a presidency and he's still going it's Bush's fault?

BECKEL: No, no, they have every indication they were going to have a huge increase in care because of two of two wars that were Bush's wars. And the fact of the matter is, they were never given the money or the infrastructure to do it right.

GUILFOYLE: Right. But it doesn't make it OK. There should be something done in the interim to show leadership, the commitment to the veterans. I think we can all agree that it would be great to hear from the commander-in-chief, right, of the armed forces, the president of the United States, with respect to this very important --

BECKEL: I like Andrea's idea. If somebody is waiting, then they ought to be given a voucher, goes someplace else --

GUILFOYLE: You're absolutely right, because otherwise, what are they going to do? Go already to our overburdened emergency rooms and throw themselves at the emergency room and throw themselves at the mercy of triage there --


BECKEL: -- immigration policy, it wouldn't have to be overburdened.

WATTERS: Wait, ObamaCare, the solution to the V.A. Is that what you're saying?

BOLLING: And reform immigration on top of it. So there will be no - -

TANTAROS: There will be no waiting lines at all then.

BECKEL: Just accept the fact that ObamaCare is here to stay.

GUILFOYLE: OK, and Mr. Beckel gets the last word.

All right. Ahead here on "The Five," we're just getting started. Jay- Z and Beyonce star in a new violent video that's just been released. But this time, it's not surveillance camera -- thank you, Bob, for the sound effect. We'll tell you what that's about.

Plus, Saturday night live figure out what really went down in that elevator between Jay-Z and Beyonce's sister. We're going to show you that. So, stick around.


TANTAROS: Well, a lot of you might remember this powerful moment from Condoleezza Rice's speech at the 2012 RNC.


CONDOLEEZZA RICE, FORMER SECRETARY OF STATE: And on a personal note, a little girl grows up in Jim Crow Birmingham, the segregated city of the South, where her parents can't take her to a movie theater or to a restaurant but they have her absolutely convinced that even if she can't have a hamburger at the Woolworth's lunch counter, she could be president of the United States if she wanted to be, and she becomes the secretary of state. Yes, yes -- yes, America -- America has a way of making the impossible seem inevitable in retrospect, but we know it was never inevitable, it took leadership and it took court and jury and it took -- courage and it took believe in our values.


TANTAROS: Well, less than two years later, Eric Holder painted a much more grim picture of race in America. Here's the attorney general at Morgan State University this past weekend.


ERIC HOLDER, ATTORNEY GENERAL: Codified segregation of public schools has been barred since Brown. But in too many of our school districts, significant divisions persist and segregation has recurred, including zero tolerance school discipline practices that while well- intentioned and aimed at promoting school safety affect black males at a rate three times higher than their white peers.


TANTAROS: What a difference is in speeches. Bob, this is -- the first really that has the attorney general has gone off about race since the speech that he gave in 2009, where Rahm Emmanuel was very angry that the attorney general stood up and basically called everyone in the United States a nation of cowards.

Why does the attorney general choose these messages?

BECKEL: Well, there's a lot of truth to it. That's why. And I think that when you have the federal court -- federal jails incarcerate black men and give them 30 percent more of a number of years in prison for the same crime as a white man gets, there's something wrong with that. When you have schools in the inner cities that used to have some white students in them, are now all black. When you have a zero tolerance programs for anything that you do wrong, it affects black children.

If you look at it, there's still -- and I say this over and over again -- there's still racism in America. It is not the way it was before. We've made a long and determined road away from Jim Crow.

But let's also keep in mind, she grew up in a middle class black family, and we're talking here about people who are in the inner city. I'm not sure Condoleezza Rice is the person I would necessarily turn to as a symbol for these people who live in the ghetto.

TANTAROS: Really, Bob?


TANTAROS: That's where you are going to go with this segment?

BECKEL: That's exactly right.

WATTERS: Let me jump in here. Two things that you and Eric Holder said. I think he said that zero tolerance disciplinary policies affect black males more in school? Why is that? OK? Why is that? Do they misbehave more than white students?


WATTERS: OK. Well, then, why is that? His solution is to lower the standards to accommodate the misbehaving black male students.

What's the other solution? Maybe address the root cause of the misbehavior. Is it something going on at home? Is it drugs? What's the problem? He wants to lower standards. We want to bring other people up.

And the other thing that you said and Eric said is that blacks are incarcerated 20 times more rate for the same crime as whites. You know what that doesn't account for, it doesn't account for priors. So, someone has three prior convictions for selling crack and a white guy does it a black guy does it, the black guy with the three priors is going to go away for a long time.

BECKEL: Do you believe that blacks are put into prison at a higher rates than whites because -- it's not because of the color of the skin?

WATTERS: No, I'm taking issue with the study, Bob.

BECKEL: Any death row is overwhelmingly black --

TANTAROS: Let's get Kimberly in here.

GUILFOYLE: Hold on. I think blanket statements like that are dangerous, Bob. They're reckless.

BECKEL: No, they're facts.

GUILFOYLE: No, no, Bob. I come from law enforcement --

BECKEL: I know. Well --

GUILFOYLE: -- and working in the justice system as a prosecutor for many years. And I'm telling you, I did not see that. It depends on the crime you commit, the nature of defense --

BECKEL: In California?

GUILFOYLE: -- in any priors -- yes, Bob, that's correct. It depends on the crime you commit and the --

BECKEL: Have you been to Pelican Bay in California?

GUILFOYLE: Yes, actually, I have. And I have two contracts (INAUDIBLE) from Pelican Bay.

BECKEL: It's about 80 percent black and Hispanic.

GUILFOYLE: And the people that I put away there, every single one of them were white. All the death penalty cases I handled, every single one of them were white. So, you can't make statements like that because it's reckless.

We've accomplished a tremendous amount in this country in terms of opportunity and people moving forward. Could we do better with the justice -- sure. There's always room for improvement.

But, by and large, we have the best system of justice anywhere in the world. You'll be first to admit that, right?


GUILFOYLE: It's not like we have Sharia law. So, there is opportunity. There is rehabilitation and there is punishment for recidivism, people who have priors. That's what I'm talking about.

So, when you hear someone like Condoleezza Rice get up and make a statement like that, that's empowering to people. That moves it forward.

TANTAROS: And, Eric, this was a commencement speech as well, but it seems like the attorney general is doing this to gin up the base, to, you know, stoke racial tensions in the midterm elections so that he can gin up some Democratic votes.

BOLLING: Why? Because Kimberly is right -- they don't want to move the ball forward. The ball is perfect for them the way it is right now. The left wants to keep it where blacks frankly vote Democratic and they want to keep it that way.

Look at our African-American conservatives. They are all for moving the ball forward. Look at Condi Rice, look at Allen West, Mia Love. Susana Martinez on the Latinos as well.

We want -- the conservatives want to put race behind us and move the ball forward, as Kimberly points out. The liberals, let's keep it the way it is, right now you have a voting bloc that they won't --


BOLLING: You have to admit, it's all about -- it's all about the votes.


BECKEL: You could name a conservative, whether to --


WATTERS: Rand Paul.

BECKEL: Rand Paul is the one guy with some guts.

BOLLING: Hold on, hold on, hold on. So did --

TANTAROS: How do you think Chris Christie won in New Jersey?

BECKEL: He went into Newark.

BOLLING: So did Mitt Romney.

TANTAROS: He went into a number of minority communities.

BECKEL: The fact of the matter is, I was talking about the members of Congress. They keep talking about this -- Democrats get 93 percent of the vote. They don't have an idea except for Rand Paul did in Detroit.

WATTERS: Paul Ryan just addressed it too and he got whacked for it. Remember that?

BECKEL: Where did he do it?

WATTERS: He made a huge speech about this and addressed all the problems in the urban inner city. And he got killed for it. Remember when Eric Holder said you don't want to talk about racism because you are a coward, that's why. No one wants to say anything about it because you are afraid of getting labeled a racist.

BOLLING: It's not even that. Bob, you have to admit, you have to admit, they are using raise to continue to keep that 93 percent voting bloc. Look, it's more politics, no?

BECKEL: I don't believe for a second.

TANTAROS: It's all about politics.

I think it's really, though, unfair, Bob, for you to codify the black community if you start in the middle class family, then your messages aren't worth it. Sorry, Condoleezza Rice, you didn't have to overcome anything.

That's not fair.

BECKEL: She had some great -- she made some great stride. She did remarkable things.

GUILFOYLE: You can't diminish her accomplishment, Bob.

BECKEL: She came from a mother -- a home with a mother and father who were middle class. Most of these blacks --


TANTAROS: We'll talk about why that is that most communities don't - - families don't have fathers in the African-American community. That's a better message for Eric Holder than the one he delivered.

All right. Coming up --

BECKEL: Well, then I think the Republicans come up --

TANTAROS: -- a thriller performance by Michael Jackson at the Billboard Music Awards. He came back to life just for a few minutes on the stage. So, was it cool, creepy or both? We'll tell you what we thought, up next.


BOLLING: Welcome back everybody to another fast seven minutes in news, broadcast, cable and everything in between. Three entertaining stories, seven energetic minutes and one very enthusiastic host.

First up, the King of Pop was resurrected from the dead last night at the Billboard Music Awards. Check out the new song from the new album released posthumously.


BOLLING: But many are saying the event was, (a), anti-Christian and, (b), way creepy, others saying relax it was cool.

K.G., your thought on M.J.

GUILFOYLE: I'm just thinking who do I need to talk to get my own little hologram and I can dress it and pick the outfit. No, that doesn't look too good, put the pink back on.

I think it's pretty interesting. It's innovative, you know, from a technology standpoint that they can recreate. And he looks better in hologram, poor guy, than he did before. BOLLING: Bobby, you want to weigh in on this one? BECKEL: Yes. The fact that they can do this and bring people like that is amazing to me. And I know you guys are always waiting for Richard Nixon to be brought back in hologram. But for the rest of us... GUILFOYLE: No, Reagan. Reagan. Reagan. BECKEL: I don't know how they do it. It's amazing to me. I think it's a great thing. BOLLING: And, like I said, some people say, the guy is dead, leave him dead. TANTAROS: I actually wouldn't mind bringing Ronald Reagan back as a hologram. GUILFOYLE: Now she's thinking. TANTAROS: I'm thinking about what president to bring back as a hologram. Right now Obama is pretty much a hologram. GUILFOYLE: Oh! TANTAROS: I didn't watch the Billboard Music Awards. I fell asleep at 8:30. But I did watch the performance, and it's pretty cool. BECKEL: Fell asleep at 8:30? TANTAROS: At 8:30 last night. BECKEL: You're a wuss. TANTAROS: I know. But I watched the video. I thought it was great. BOLLING: Jess? WATTERS: I mean, I'm a huge Jacko fan. I'm not embarrassed to say it. I had the glove when I was little. TANTAROS: You still have it. WATTERS: I was doing the moon walk. I have the glitter and the zipper jacket. I don't think it was creepy at all. TANTAROS: Was that a glitter pen? BECKEL: Did you have sleepovers at your house, too? WATTERS: Yes. BOLLING: All right. What happened with that glove? Let's move on to this one. Godzilla crushed box offices this week, bringing in a massive 93 million bucks. (BEGIN VIDEO CLIP) (MONSTER GROWLING)

(END VIDEO CLIP) BOLLING: The remake of the 1950s classic Japanese film blew away box office predictions, despite its quirky environmental message. Director Gareth Edwards Godzilla called "Godzilla," quote, "a God that tapped into people's worries about global warming." Bob, are you kidding me? Godzilla is global warming? TANTAROS: It's written all over his face. BECKEL: Take a look at the ticket sales. It will show you how many people are worried about global warming. He's exactly right. I'm glad he made it on global warming. And the rest of you... TANTAROS: What? That's why they went? BECKEL: That's true. BOLLING: It's always just more of this Hollywood whacko hypocrisy B.S. They got 93 million bucks. No one went there because there was a global warming message. TANTAROS: They're capitalists way more than they are environmentalists, Bob. And you know it. It's all about the money, especially with Al Gore. I mean, look, you have environmentalist Matt Damon taking money from the Middle Eastern governments. I mean, come on. You have to admit, this is all about money and all about control. BECKEL: You don't think that the director is (ph) worried about global warming? TANTAROS: What? BOLLING: I'm sorry. Jesse, your thoughts on "Godzilla." By the way these things make hundreds of millions of bucks. WATTERS: It's true. It's 32nd, I think, all-time biggest box office open. But the people who see "Godzilla," who is this? Everyone is too stoned to realize if there's a global message there. Everyone's either too young or they're just looking at the monster. Or it's like they're lefty already. They're already global warming people to begin with. It doesn't matter. It isn't changing minds. GUILFOYLE: Right. I just don't think... BECKEL: No, you put out a movie that has a bunch of flat earth -- don't screw it up to the ends of the earth, then maybe make your case... (CROSSTALK) GUILFOYLE: I don't think people are like "I've got to go watch Godzilla, because it just resonates with my global warming message." I don't think that was the point. Can they leave King Kong alone? BOLLING: How about the Japanese saying the American Godzilla was too fat? TANTAROS: Oh, my God. They think everyone in America is too fat. Our, like, McDonald's supersize me. Everything's too big. BOLLING: Too fat. They're kind of right. Finally, Jay-Z and Beyonce were fodder for "Saturday Night Live" this weekend. Check out Bey-Bey and Jay getting spoofed on "SNL" and a very animated Solange. (BEGIN VIDEO CLIP) SASHEER ZAMATA, CAST MEMBER, NBC'S "SATURDAY NIGHT LIVE": As God is my witness, I would never do anything to hurt you. KENAN THOMPSON, CAST MEMBER, NBC'S "SATURDAY NIGHT LIVE": OK. JAY PHAROAH, CAST MEMBER, NBC'S "SATURDAY NIGHT LIVE": You know what? And to prove it we've got an exclusive version of the leaked video, this time with the audio included. ZAMATA: It tells a completely different story. Look. Man, what a great party. PHAROAH: I know, yes. ZAMATA: Oh, my God, there's a spider on you. PHAROAH: What? Get it. ZAMATA: It keeps moving. PHAROAH: Kick it! Oh, great job. I love you, Solange. ZAMATA: I love you, too. (END VIDEO CLIP) BOLLING: They pretty much nailed it. TANTAROS: Whoever plays Jay-Z in that skit completely nails it. It sounds just like him. Very funny. WATTERS: That was dead-on. I loved it. I don't watch "SNL," but maybe I'm going to have to start watching. I mean, Solange is -- I mean, she's a maniac. I say send her over to Ukraine, kick Putin's butt over there. I don't know what to say about this. I love Jay-Z. I have nothing wrong to say about that guy. I love him. BOLLING: Can we roll -- do we have any of the video? Jay-Z and Beyonce put out a video today, some very provocative, very violent short film. K.G., I don't even know what this is for. GUILFOYLE: I don't know, but it's curious timing. But they have kind of a history of having moments like this where they're promoting something. Remember when they went to Cuba and then they had an album coming out. So let's see. They know what they're doing when it comes to business. This is kind of a curious time to do this. And I don't know about the content. It's a little bit too violent. BOLLING: Bobby, your thoughts on Jay-Z? BECKEL: I can't. I have never heard a song by Boonsie (ph). I've never -- I've never heard a song by Jay-V [SIC]. I could care less. The fact that they're putting out a violent movie and they're heroes in the black community is a sad thing. TANTAROS: Can I just say something about the video? BECKEL: We're wasting our time talking about it. TANTAROS: I didn't really care about the first two topics. Didn't know what to say, besides I fell asleep. Beyonce came out and did that gun PSA. Remember when she was demanding a plan on gun violence last year, surrounding the Trayvon Martin incident? Beyonce and Jay-Z just announced their tour. That's why they released the video. But every time they announce their tour, they crash Ticketmaster. So this is gratuitous. They don't need to put out a video, No. 1... GUILFOYLE: They're not hurting. TANTAROS: ... to help ticket sales. And No. 2, I thought they had an issue with guns. BOLLING: Yes, and basically, they're the new Bonnie and Clyde. (CROSSTALK) BECKEL: Where do you go to see them? BOLLING: Let's leave it right there. They're telling me to wrap. We've got to go. Ahead, Chris Christie and Dick Cheney think America needs to get tougher on the world stage. They're questioning the president's leadership, and they're going to give him some pointers. That's coming up next. BECKEL: OK, there's two guys... (COMMERCIAL BREAK) WATTERS: Yesterday, Chris Christie and Dick Cheney both took on President Obama's foreign policy failures. Here's Christie in a speech last night in New York City. (BEGIN VIDEO CLIP) GOV. CHRIS CHRISTIE (R), NEW JERSEY: It's just not to be the strongest economic power, not just to be the strongest military power, but most importantly to be the strongest moral power for what is good and what is right in the world. America is no longer sending clear signals to the world, consistent signals, signals like the ones Ronald Reagan sent when he was president. As to who our friends are, and that we will stand with them without doubt and as to who our enemies are, who we will oppose regardless of the cost. (END VIDEO CLIP) WATTERS: And here's former vice president Dick Cheney on FOX News Sunday. (BEGIN VIDEO CLIP) DICK CHENEY, FORMER VICE PRESIDENT OF THE UNITED STATES: There has developed over the years of the Obama administration, I think, a sense on the part of others that we have a weak government. He's demonstrated repeatedly, I think, that he, in fact, can be pushed around, if you will, by -- by the Putins, and I don't think Mr. Putin has any hesitation at all, from the standpoint of the American president, of changing his course of action. I think he's taking advantage of this opportunity when he thinks we have a weak president to try to restore some of the old Soviet Union. (END VIDEO CLIP) WATTERS: OK, Andrea, Christie is obviously trying to burnish is foreign policy chops here and, you know, is making a big run. Do you think the United States citizenry has an appetite for this more assertive, robust foreign policy after the last couple of years of war? TANTAROS: I don't. And I don't agree with Christie's statement that he said that we'll stand with whoever it is that's threatened and we'll oppose them, regardless of the cost. It's actually not what George Washington intended. George Washington said if you're a democratic nation, we will stand with you. We will sympathize with you, but that did not mean that we were to fight every battle. It's -- frankly, it's pretty utopian to think that we're going to end every kind of tyrant's reign all over the world. I don't think that the American public is behind this. And while we are the greatest moral force, the danger in declaring that to the world, I think, Jesse, is there's no guidelines, then, for military involvement. Just we're going to get involved in every single conflict? WATTERS: Right. TANTAROS: If there's a threat we go in, we flatten them, and then we leave. That's it. WATTERS: Eric, this is part of the Christie comeback, potentially. And what do you think about the vice president, Dick Cheney, really going after President Obama? Is he going pushed around? BOLLING: Is President Obama getting pushed around? WATTERS: Yes. BOLLING: No, because this is -- this is what he believes. This is what he said, you know, in June of 2009. Said this is the way we're going to handle foreign policy: We're going to lead from behind. You know, we'll be fairly apologetic for what we've done in the past. And it's wrong. Can I stay on Christie for a second? This is the problem with Chris Christie. He picked a fight with the Libertarian Party early. Remember, he said, "They're off; they don't know what they're talking about." He's - - he again drew a line in the sand, saying we're going to be the strongest moral power in the world. Now that varies -- that is completely different from what the libertarians would say. They would say if we're threatened, physically threatened, then we fight. If we're not physically and purposely threatened, then it's not our fight. So Christie continues to do this. This is a dangerous place for him. If he wants to be president, he's going to have to unite the party, not continue to draw a divide between one wing of the party and the other. WATTERS: Bob, what do you think? BECKEL: I think that Chris Christie's experience in foreign policy extends to Jersey City. I think they'd better get a foreign policy for New Jersey, because some people don't like to go there very often. I don't think Christie has been -- somebody correct me: has he been any place in the world beside New Jersey and New York to collect money? When I listen to somebody like this, you're right; he's trying to burnish his credentials. But you know what you never hear out of people like Christie? You never hear what are you going to do about it? What is the answers? What are the principals -- and as far as the Dick Cheney is concerned, this is a guy that got us -- led us into the war in Iraq, which was a disaster, and made Iran a major power in the Middle East. Good work. You're going to listen to him? Give me a break. WATTERS: I don't think President Obama's really helping things in Iran either. GUILFOYLE: Yes. Bob is... WATTERS: Andrea -- Kimberly, sorry. BOLLING: I'm sorry, but how do you blame Dick Cheney for... BECKEL: Because the Iranians took advantage of the Iraqi war, and they were being held in check by Saddam Hussein. BOLLING: No, we backed Saddam Hussein in that war against Iran. BECKEL: That's right. And then we took him out, and then the Iranians rose up. And then they took over. WATTERS: OK. Quickly. You blame Bush for everything on every subject (ph). BECKEL: No, I don't. GUILFOYLE: My point is... WATTERS: Kimberly. GUILFOYLE: ... clearly from this we see that Chris Christie is trying to dip his toe into his foreign policy. It's a fair criticism he doesn't have any foreign policy experience. He is a former federal prosecutor. He's a very successful and, you know, I guess I would say a very good governor for the state of New Jersey. Does well for his people. But does that transcend to the presidency? That's going to be the challenge. And Eric, I think correctly points out he's sort of, you know, continuing to draw a line in the sand and perhaps alienating himself from a base that he's going to need very strongly to have the support. WATTERS: All right. We'll see what happens. Coming up, China's military is caught spying on U.S. companies, and Bob's head is about to explode. So stay tuned for that next. (COMMERCIAL BREAK) BECKEL: We're back with the fastest 30 seconds in television. Today, Attorney General Eric Holder announced charges against five Chinese military officers for hacking into six U.S. companies and stealing their trade secrets. It's the first time foreign officials have been charged with cyber espionage. (BEGIN VIDEO CLIP) ERIC HOLDER, ATTORNEY GENERAL: This case should serve as a wake-up call to the seriousness of the ongoing cyber threat. These criminal charges represent a ground-breaking step forward in addressing that threat. This indictment makes clear that state actors who engage in economic espionage, even over the Internet, from faraway places like offices in Shanghai will be exposed for their criminal conduct and sought for apprehension and prosecution in an American court of law. (END VIDEO CLIP) (SFX: TOILET FLUSHING) BECKEL: That's time. Eric. GUILFOYLE: Nice. Yes. BOLLING: Look, here's the thing. Fantastic, great. Knock yourself out. Criminal charges, ground-breaking, really? Here's what you really need to do. Beef up our cyber security. Spend the money. We talk about where we can spend money in defense. This is a great area to spend money in defense. There's not a darn thing you can do. If it's not going to be the Chinese, it's going to be the North Koreans or the Iranians. They're all after our technology, and they're all going to continue to act, so we need to beef it up. Scaring them with charges ain't going to do a darn thing. BECKEL: I'd scare them with other things -- Andrea. TANTAROS: It is the policy of the state of China to go after their adversaries. This is a policy of the Chinese, despite the statement that they put out today. I believe these former officials were in the military, which does the bulk of their hacking and their spying. They're intellectual property; they're stealing our stuff right and left. What are we going to do? I mean, they're buying, what, most of our bonds, so if they stop, that would be a problem. But why don't we start to shut down certain sectors of their economy? What about the electronics? BECKEL: Exactly. TANTAROS: What if we stopped buying their stuff? Maybe then they'd wake up a little. BECKEL: Jesse, quick. We've got to move out of here. WATTERS: You want to know what actually prompted this? The Chinese stole our solar panel secrets. That was the straw that broke the camel's back to President Obama. That's what really got him angry. GUILFOYLE: Yes, right. Solyndra. It comes back to Solyndra. BOLLING: They can have those. (CROSSTALK) BECKEL: Let's go, let's go, let's go, let's go. GUILFOYLE: As I told you -- well, the solar panels don't work. Anyway, this was, you know, a nice kind of show of sort of justice, but the problem is China is not going to recognize these charges. All the officials' names are in China. If they leave China, none of the people in the east are going to be able to say, "We're going to extradite them." So nothing is happening there. This dog doesn't hunt. BECKEL: Well, it's the first step. I said at the beginning of this show that China is the single greatest threat to the United States' national security, more than the Islamists. And I think the time has come. We bring these people over here, we give them computer educations. They go back, and they learn how to hack us. Maybe the thing to do is not let any military Chinese people come over here and get any MIT grades. WATTERS: There's cyber (UNINTELLIGIBLE), Bob. BECKEL: And I say it's time for us to start to cut back in the Chinese trade. The hell with them. "One More Thing" is up next. GUILFOYLE: Jeez, what was that? (COMMERCIAL BREAK) GUILFOYLE: Some of the best stuff is during the commercials. But it's time now for "One More Thing." I'm going to start it off. Maybe you saw this. I just can't see it enough. It's the cutest thing ever. Austin Chaney, he is ten years of age. He's a foul ball kid. So he catches a foul ball, and then you see something super adorable happen, right? He gets it. he hands it to the pretty lady behind him, but if you watch really closely, he's actually switching it out. Very clever. Very crafty little guy, and he still got props for it. Right? I like it, I like it, I like it. All right. Eric.

BOLLING: That's a man after my own heart right there. Nice job, buddy. OK. Very quickly. Last night. So here's what we do the fastest seven. We had four stories today so this one had to go in "One More Thing." Check out "Something Bad," Miranda Lambert and Carrie Underwood from last night's Billboard. It's awesome. Watch. (BEGIN VIDEO CLIP) (MUSIC: "SOMETHING BAD") (END VIDEO CLIP) BOLLING: That's going to be a hit song. All right. I'm done. GUILFOYLE: All right. We like it. All right, Bob, what have you got for us? BECKEL: I said it all along that... GUILFOYLE: Keep it clean. BECKEL: I was saying my colleague and one of my best friends, Mr. Eric Bolling, loves to be on television. And let me give you an example. Just today alone. Let's watch Eric today. (BEGIN VIDEO CLIP) STEVE DOOCY, CO-HOST, "FOX & FRIENDS": Look who's with us today. BOLLING: Good to be here. I'm having fun so far. Hour three starts right now. DOOCY: Ladies and gentlemen, Eric Bolling in today for Brian Kilmeade. UNIDENTIFIED FEMALE: One lucky guy, Eric Bolling. And he is "Outnumbered." BOLLING: I'm one lucky guy in "Outnumbered." I agree with you. GUILFOYLE: It's 5 p.m. in New York City, and this is "The Five." (END VIDEO CLIP) TANTAROS: I mean, honestly. And you're hosting... BOLLING: All right. All right. TANTAROS: ... for Greta, and then you're hosting Sean Hannity. BOLLING: No, no. Was I luckiest guy in the world? You know how many Twitter guys are like, "Dude, I want your job"? WATTERS: He'll be performing at Penn Station later this evening. BOLLING: That's funny, Jesse. WATTERS: I'm just trying to help you out, promoting you. BOLLING: You kind of like this "Five" show? WATTERS: This is my last time here? BOLLING: It might be. GUILFOYLE: All right. Well, there you go. Jesse, "One More Thing." WATTERS: My "One More Thing," a lot of commencement controversies going on these days. We have Peyton Manning, though, delivering a nice one at the University of Virginia. Check it out. (BEGIN VIDEO CLIP) PEYTON MANNING, PROFESSIONAL FOOTBALL PLAYER: One regret that I've always had here is I never got to throw any football passes here on this lawn, so if you will indulge me, I'm going to fulfill that dream right now. Seriously, there is no pressure here at all. If you drop it, it will not be on YouTube. I promise you. (END VIDEO CLIP) WATTERS: All right. So if he was a member of the Redskins, they might have run him out of town. GUILFOYLE: Ay, yi, yi. All right. Ms. Tantaros, what do you have for us? TANTAROS: Well, too bad Eric Bolling's birthday was just last month, because this would have been a perfect gift for you, Eric. Drinkable sunscreen is hitting the market. BOLLING: Oh, my gosh. TANTAROS: You can either use it to block the sun or you can use it to get a tan, whatever you choose. And if you drink one teaspoon three hours before you sun bathe, it will keep the rays away or boost the rays... GUILFOYLE: He wants the boost. TANTAROS: ... for three hours. But here's my question. And this is what Joshua, one of the producers and I want to know. When are they going to have alcohol-infused drinkable sunscreen, so you don't get forget. Like rum screen. BECKEL: That would be a mistake. But Eric has to go into those type of places where they spray him.

GUILFOYLE: I thought you had a tanning booth at your house. BOLLING: Not either one of that. None of that. BECKEL: Look, you've got to get ready for your next show. Come on, let's go. GUILFOYLE: Honestly, he hasn't done enough television today. Don't forget to set your DVRs so you never miss an episode of "The Five." We're going to see you back here tomorrow.

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