Bill O'Reilly on call for FBI investigation of Clinton Foundation

This is a rush transcript from "The Five," May 5, 2015. This copy may not be in its final form and may be updated.

ERIC BOLLING, CO-HOST: Hello, everyone. I'm Eric Bolling along with Kimberly Guilfoyle, Juan Williams, Dana Perino and Jesse Watters, it's 5 o'clock in New York City and this is "The Five." Will Americans elect a president they can't trust? The new book Clinton Cash was released today full of details on alleged dirty dealings by Hillary Clinton while she was secretary of state. Hillary has been silent, but her husband has come out to declare that she's one of the most honest people in America.


BILL CLINTON, FORMER PRESIDENT OF THE UNITED STATES OF AMERICA: Not a single, solitary fact has been introduced that she has done anything wrong. People should live to be as honest as she is.


BOLLING: Well, another Bill feels differently, here is Bill O'Reilly.


BILL O'REILLY, "THE O'REILLY FACTOR" SHOW HOST: Shouldn't the Clinton Foundation be investigated? Of course it should. And I'm not on a witch hunt here, but there's big money involved in foreign countries as secretary of state and a former president. The FBI can start that investigation tomorrow. It doesn't need President Obama's approval and it doesn't need Attorney General Lynch's approval. So my question tonight is for FBI Director James Comey. Will you start an investigation?


BOLLING: So joining us now is the man himself, host of The O'Reilly Factor at 8 p.m. Eastern, Bill, we rate this down for us --

O'REILLY: Well, you see --

BOLLING: Why are you calling for an investigation?

O'REILLY: Because, with all the rest is bloviating you know, I mean, with all due respect to President Clinton. I mean, what he is going to say? Yeah, my wife is a crook. You know --


O'REILLY: I really tried over the years to convince her to go, but she hasn't? And come on, and the book, the book is there to make a point that the author thinks that she is a crook. So all of these things are unsophisticated charges, so they have plenty of currency to try to harm or protect Hillary Clinton. The spokesperson doesn't even tie, shouldn't we all chip in and buy the guy a tie --


O'REILLY: The spokesperson Hillary Clinton --

BOLLING: I'm O'Reilly.

O'REILLY: I -- I thought, I thought there was like a --


O'REILLY: An outtake from Weekend at Bernie's with this guy. You know, with the open collar, is it -- come on. So what has to happen and this has to happen, is that the FBI has to look into this to preserve the sanctity of the electoral process.


O'REILLY: Because nobody is going to find the truth. The investigative reports will find a little bit, but you -- we don't have subpoena power, we can't subpoena, all right. And other people will find (inaudible) address, but nobody will get the whole picture, but the FBI could. And because this is a presidential election issue now, the FBI has to go in. Now we call the FBI, we'll tell you on The Factor what they told us, tonight, all right? But I'm saying, they have no choice, they have to investigate this.

BOLLING: Can I throw one more idea out there? Now, there are a lot of people that have reported right directly from the 1099s and the various tax filings by the Clinton Foundation. The numbers comes back with like this somewhere around $1.7 billion they've raised over -- since 2008 and somewhere around 10 to 12 percent of that money has actually found its way at the end of the road to their contributions in grants. Now, they are saying a lot of other money may have been spent in-house but, can you tell the IRS, we're spending money in-house, trust us?

O'REILLY: No. The IRS is not an investigative agency at this level, because there are so many inter-locking things, foreign governments, Boeing, General Electric, big corporations. It has to be done by a Criminal Investigative Agency and the FBI is the best in the world. So the IRS is been corrupted. We know that. It's politicized. It's people who run it take orders from whoever is in power but the FBI is supposed to be incorruptible. In fact, they can start the investigation. They don't need President Obama's approval, they don't need the attorney general's approval, they can just do it, so you have to tell me as American citizens, with all of this on the line, why you would not do it? Why would you not do it? And I don't think anybody can say that's not a good thing. If I were Bill and Hillary Clinton, I'll be calling for this investigation with the FBI.


O'REILLY: That's what I would be saying.

WILLIAMS: Well, but --

O'REILLY: I wanted the investigation.

WILLIAMS: But here's what I said to you last night, and here's what I still say to you. But we have no evidence that they have done anything wrong, anything illegal and you're saying, well, you know what? It's a political season. You mention the Electoral College and I'm thinking, how this is related to the Electoral College Bill.

O'REILLY: How do you compile evidence, Juan?

WILLIAMS: Would you have to go out and do an investigation.

O'REILLY: OK. There you go, right.

WILLIAMS: Yeah, but you don't, I don't --

O'REILLY: OK. There you go.

WILLIAMS: But I don't say --

GUILFOYLE: Federal Bureau of Investigation.


O'REILLY: You don't investigate a murder, because there's no evidence pointing in a certain direction. You investigate to get evidence.

WILLIAMS: Where is the murder? Where is the wrongdoing?

O'REILLY: The wrongdoing is in the allegations --

WILLIAMS: Oh, allegation.

GUILFOYLE: But you just don't -- yeah.

O'RELLY: But that's, that's what --

WILLIAMS: But my point --

O'REILLY: Every crime starts with an allegation.

WILLIAMS: No. If you have a --

O'REILLY: Every crime starts --

WILLIAMS: If you have a murder, you need to have a body. I'm just saying, what this guy was --

PERINO: But we do have a mind --

WILLIAMS: When the author of the book was interviewed last -- on Chris Wallace's show. He said, where's the smoking gun? Where's the evidence that there was some quid pro quo while she was --


WILLIAMS: He said we don't have it.

O'REILLY: The FBI to find out, because they can subpoena records that the author of the book cannot, you cannot, I cannot.

WILLIAMS: Yeah, that's true. You're right.

O'REILLY: So do you have to have subpoena power to go in. You had your little chart here, OK? A very impressive little chart --


O'REILLY: OK? But the FBI can get the actual receipts, the actual checks. They can see the donations coming in. You can't, I can't, the press can't.


O'REILLY: That's why.

WATTERS: And Juan, you know that Hillary is saying that there's not a shred of evidence. That's because she allegedly destroyed a lot of the evidence herself.


WATTERS: We don't know where the documents or the e-mails are. And I think --

GUILFOYLE: How convenient.

WATTERS: All these caught -- you know he's kind of between a rock and a hard place. If he goes --

O'REILLY: This is the Director Comey?

WATTERS: Yes. It's Comey the FBI director goes after Clinton-Obama machine to use --

O'REILLY: Doesn't have to go after Watters --

WATTERS: Opens an investigation against the Clintons. Against Bill Clinton, against --

O'REILLY: It's not against.

WATTERS: Hillary Clinton.

O'REILLY: It's all of that --

WATTERS: He's gonna have the world coming down on him and he's a political animal --

O'REILLY: That is -- no, he is not.

WATTERS: He has to know that. He's scared.

O'RIELLY: Not supposed to be.

WATTERS: He like be not corrupt, but he's probably scared.

O'REILLY: I know, and it's not supposed to be political in any way, shape or form. And you're reframing it the wrong way. I say Bill and Hillary Clinton should call for the investigation, to make sure that all the facts get on the table, so we that we can elect Hillary Clinton president in good conscience.

WATTERS: I don't think Bill and Hillary gonna invite the FBI to come and look at their stuff --


O'REILLY: You don't -- what -- what you think doesn't matter, Watters, with all due respect.

(LAUGHTER) O'REILLY: We want, as American voters, the facts.


O'REILLY: Did you do anything wrong? Is the foundation dirty? All right. The only way you get those facts, Juan --


O'REILLY: Is for the FBI to go in.


O'REILLY: And look --

WILLIAMS: Did you hear -- O'REILLY: At subpoena.

WILLIAMS: Did you hear what just your mentee said, though?

O'REILLY: He's not my mentee.


O'REILLY: I don't even know who he is.


GUILFOYLE: Got this about.

WILLIAMS: But he said he was going after the Clinton --

O'REILLY: That's him. That's him.

WILLIAMS: I mean, it was purely political -- he made into a purely totally political witchcraft (ph).

O'REILLY: So -- is Watters the head of the FBI? Did I miss that (inaudible)?

WATTERS: He's a Republican. He voted for and donated to McCain. He donated to and Romney --


WATTERS: And now he's being -- you know he's being paid by Obama. So he knows what is going on.

O'REILLY: You're a loon.


O'REILLY: You are a loon, all right? He's the head of the FBI --

WATTERS: All right.

O'REILLY: All right? His job is to investigate possible wrongdoing and to protect the American people from terrorists.



O'REILLY: All right? See, Juan, if you hear there may be a terrorist cell in Toledo --


O'REILLY: But you don't have a smoking gun, you go find out, Juan.

WILLIAMS: Yes. I agree with that.

WATTERS: I'm not saying she should not -- I think he should. I'm just saying he won't.


O'REILLY: But you're politicizing it and it shouldn't politicize.

WILLIAMS: Thank you.

BOLLING: Let me bring K.G. here --

GUILFOYLE: That's right, yeah.

BOLLING: K.G., the last thing is the one Purple walks on Wall Street left and right. They want to see the heads of all those banks in jail, handcuffed, behind bars. These -- some of these allegations, some of these thoughts, ideas I the book, some of the things we're talking about are at least as egregious as to what The Wall Street people did.

GUILFOYLE: Absolutely. That's why there should be an investigation. And that if the Clintons have done anything wrong, they be should not be afraid of transparency and doing a full and thorough investigations to show the American people, hey, we want to make sure that you that know we haven't done anything wrong, we stand into that -- that's the statement they've made. If that's the case, then let's go find and see.

O'REILLY: Here -- here it is, if Hillary Clinton is indeed, the most honest woman in America, that's what her husband said, right?


O'REILLY: And the FBI says that's true, then she'll be elected president. So shouldn't the Clinton campaign say, we want to prove that she's the most honest woman in America.


O'REILLY: So please, FBI, come in. Show what the all of the American people that this is true and then she`ll walk right into the White House.

WATTERS: But if she wanted to prove she was so honest, why did she destroy all of her e-mails?

O'REILLY: Look, Watters --

WATTERS: Why did she keep the secret server (ph)

O'REILLY: I don't think she wanted people to know about her yoga mat.


O'REILY: All right?


BOLLING: It's like you're arguing the same sides. This is what -- Dana.


BOLLING: 24 days, she hasn't shown her face. She hasn't answered questions yet. She hasn't shown her face on major media. Yeah?

PERINO: She doesn't need to. Because right now she's the only runner in the democratic election for the nomination, so she doesn't have to. Why would you take the risk? I think that the reason they had her spokesperson do that video today, because they know that her trustworthy numbers are going down and quickly. The other thing has -- I just worry about the timing of this. In terms of the investigation -- investigations of the justice department take a long time and it take as couple of people to slow walk something. You take the case to Senator Menendez, who was indicted about a month ago. That was year worth in the making. That is one accusation against one thing. We actually have -- I actually do think there's the body, Juan. When you look at the minds that were approved after the initial contact to the Clinton Foundation while she's secretary of state, that doesn't get approved by the White House, even though they said it would. There actually is enough there. If you are going to look at Menendez, as the FBI, I think that the FBI would typically look at the Clinton Administration, but I do think that they would slow walk it and their time --

O'REILLY: But that's correct --

PERINO: In a typical --

O'REILLY: That they will do that -- PERINO: Well, right but --

GUILFOYLE: They should be in the White House --

PERINO: Exactly.

O'REILLY: You guys are saying that the FBI is corrupt and I am the one sticking up for them.

PERINO: I know, no, no, I'm not -- it takes some along time.

O'REILLY: Dana, they can fast track this thing and get it out in six months.

PERINO: I think it takes a long time --

O'REILLY: Put me in charge of it. Deputize me and I'll get it done in six months.


BOLLING: Do you not agree that the IRS should get involved because there are --


BOLLING: There are designated attacks. O'REILLY: Get them out of that.

BOLLING: But look at this way --

O'REILLY: I don't trust the IRS.

BOLLING: Well, if you were -- if someone said to you, if you get 10 or 12 percent of your income to charity, your taxes exempt. How fast would you take that deal? O'REILLY: I'm just telling you, Bolling, if you really want to know the truth -- don't you think the IRS is where you go?


O'REILLY: You go to the best agency in the country, that's country. That's what they are for. To protect us --



BOLLING: To both.


O'REILLY: No, no.

(CROSSTALK) GUILFOYLE: I think IRS will slow it down.

O'REILLY: Should it both, then they run in to each other.

WILLIAMS: Oh my, goodness.

O'REILLY: Let the FBI handle this.

PERINO: But this is for -- it's also an interesting over the past week, because I've been -- had a chance to be in a couple of different news organizations, just listening to you in the green rooms. And listening to - - Democrats who believed that Chris Christie's career is dead, because there were indictments of people that worked for him about Bridgegate even though the prosecutor says, there's no evidence to link Christie to it. Democrats want to say that his political career is dead, even though there is nothing. Yet, they say that Hillary Clinton should be free and clear because, this would be an old story by then and they don't care. I mean, it is pretty --

WILLIAMS: So they don't care.

PERINO: Hypocritical.

GUILFOYLE: Double standard.

WILLIAMS: It's a fact, by the way. I think Dr. O'Reilly will confirm that if you look at the polls, Democrats have aren't -- have not moved --

O'REILLY: No. They are standing by their, their gal, because --

WILLIAMS: Their gal, but I'm saying people --

O'REILLY: Of course --

WILLIAMS: Look at her resume, look at her credentials, there's no Republican that stacks up to her credentials wise, and so they say see this as a political attack.

O'REILLY: Look, if she's going to run for president, she should be vetted.


PERINO: Right.

O'REILLY: Right?

PERINO: Right.

O'REILLY: And the only agency that can vet Hillary Clinton at this point in history is the FBI.

WILLIAMS: Did you hear what Eric said about the IRS?

GUILFOYLE: Right, because they are independent.

WILLIAMS: It makes you suspicious though, I mean --

GUILFOYLE: No. But guess -- the IRS can take it up after. The FBI has to head up the investigation and do it.

O'REILLY: That's right.

GUILFOYLE: And if they have --

WILLIAMS: I thought --

GUILFOYLE: If they have conclusions that have tends to call into IRS issue or matters then it can be handed over.

WILLIAMS: I thought you were one of these people, who said when the IRS was looking at these conservative groups, because they may have been breaking the law. You said, hey, that's political, stop, stop, stop.


O'REILLY: That's not everything to do with it, Juan.


GUILFOYLE: It's like apples to oranges.

O'REILLY: It is just a way bigger than any kind of dopey woman in Cincinnati --


O'REILLY: Going down and harassing the Tea Party in Texas.


O'REILLY: This is big, billion dollar transfers.

WILLIAMS: I agree.

O'REILLY: The Uranium.

PERINO: Foreign --

WILLIAMS: It's his (ph)--

O'REILLY: This is huge.

PERINO: Foreign governments that had business in front of the United States.

O'REILLY: Yeah. If the -- if the --

PERINO: With the ex president influence in --

O'REILLY: If the U.S. Presidency can be bought.

PERINO: That's right.

O'REILLY: All right? Then this country is doomed. That's how bad this is. We need to know if Hillary Clinton violated any laws and FBI is the only agency on this earth that can get this.

BOLLING: So the FBI is listening, they have to --

O'RELLY: They are listening.

BOLLING: Bill O'Reilly's request for an investigation. What are the odds that they listen to you and actually do an investigation?

O'REILLY: Oh, look, I think they are listening. Again, we'll have their comments to us, which they may to us this afternoon, on The Factor tonight.

BOLLING: Definitive comment?

O'REILLY: it's kind of definitive -- but there under now, because of all of this campaign pressure, to say or do something, all right? So if they, if they say we're not going to investigate, then tell us, right? We the people, all right? If they say they are going to investigate and I'm, I'm not asking immediately, because they do have to do a little fact finding and structuring -- understand that. But we the people I would say about summer have to know what they are going to do.

GUILFOYLE: Absolutely. It's imperative. And they have to -- they can do this very quickly. They don't need to slow walk it, like you said Dana, some agencies do, but -- the American people deserve the answer to this. Do you really want to take a chance and put somebody like this in the White House that you don't know what it is about?

O'REILLY: Well, some people would put somebody. You know, some people don't care. As I was pointing out, ideology, trumps the country in many, many people's minds and that's too bad, but that's just the way it is.

BOLLING: Once --

O'REILLY: I want to take all of the politics out of this. That means we have to fire Watters and get him off the set.

GUILFOYLE: Basically get him off the set.

O'REILLY: What do you think I sent him so far away?


PERINO: Is that how you get those assignments?

O'REILLY: Yes. And they are going to get further and further.

PERINO: When is he going to Siberia?

O'REILLY: Ahh --

PERINO: Spring break --

WATTERS: Why is everyone asking me --

O'REILLY: In the winter not in the summer.

PERINO: Spring break in Siberia.


BOLLING: Frozen Watters --


BOLLING: Ice world.


BOLLING: K.G., if once the FBI does, if they do, opens an investigation. Now that they have a lot more tools that they are ready to go into the people who may be doing business with Hillary, not just the foundation?

GUILFOYLE: Absolutely. Because they have quite a tremendous reach and they have incredible investigatory capability, in terms of even forensic analysis of documents, of servers, shredded documents, recovering any kind of e-mails.

O'REILLY: Yeah, they can go right into her server and grab it.

GUILFOYLE: Destroyed. They can get all of that.


GUILFOYLE: That's why I think this is really a special time right now in history that they can do something that would be meaningful.

PERINO: As I think there is some utility in some ways, from a PR standpoint, to be able to say the FBI is investigating, then she can come back out and do media interviews, because she can say, I'm -- you know, we've made our public comments, we're cooperating with the FBI, you know they are looking into us. We don't think there's anything there, we're glad there's an investigation, now we want to talk about education.

BOLLING: I'm the factor.


BOLLING: I'm the factor.

WATTERS: Yeah. But I don't know --


WATTERS: I think the FBI is investigating me. It's the greatest PR strategy for her.


O'REILLY: It would me if she just called for it.

WATTERS: I don't know.

PERINO: She accepted it, right.

O'REILLY: No, not accepted it.

PERINO: Or you could get bought it.

O'REILLY: She should get out there on The Factor and say, I want the FBI to investigate it because, like my husband said, I'm the most honest American in the country.

PERINO: Maybe they can call Patrick Fitzgerald.

O'REILLY: So they will find out, out and then I'll be elected in a landslide, right?

GUILFOYLE: Is that --

WATTERS: I think she's scared with the FBI investigating and she'll never do it.


BOLLING: Well, even if --

WATTERS: It's created by her staff.

BOLLING: Even -- and let's just say she does call for it. If she can come on The Factor, Bill, you can say, look, I told -- see what I told you to do? See how good this is for you? You can credit for all hers -- O'REILLY: I always say credit for everything

PERINO: You always -- you win either way.

O'REILLY: That is correct, yeah.

WILLIAMS: And mostly, you are the sheriff, though.

O'REILLY: Thank you.

WILLIAMS: You are --

O'REILLY: But I mean, I'm here to look out for everybody and that's the truth and we need to know what happened here.


O'REILLY: And we don't need it from partisan people trying to make money off of it or haters trying to destroy. We need to know from the best investigative agency in the world.


O'REILLY: And we need to know it now.

BOLLING: They are wrapping us right now. Bill, thank you very much.

O'REILLY: OK. You don't listen to them.


BOLLING: If they only knew.

WATTERS: He wants to say that means (ph).

BOLLING: I would wrap right now. I love to do this for five more minutes, but don't forget you can catch The Factor tonight, 8:00 p.m. Eastern.

But ahead here, what President Obama blames for the Baltimore riots. Something his own administrations spent nearly $2 billion on the fix, next.


GUILFOYLE: You know arrangements are being made for fallen NYPD officer Brian Moore. The 25-year-old died yesterday, after being shot in the face on Saturday by a suspect, he was trying to question. Prosecutors are expected to upgrade the charges against Demetrius Blackwell to first degree murder. Why isn't this story getting more attention in the mainstream media? Here's Milwaukee County Sheriff David Clarke.


DAVID CLARKE, MILWAKEE COUNTY, WISCONSIN: Cop's lives don't matter. Brian Moore struck down in the prime of his life serving his community by a black suspect. Brian Moore is a white officer and there's no doubt that had Brian Moore shot and killed the suspect who shot him. It would have led to news, it would lead to every news outlet in America and would have said white officer shoots black suspect, as black suspect and I think that's sick. But that's what we've come to in the United States.


GUILFOYLE: I couldn't agree more. When have you ever heard anybody else say cop's lives don't matter? But that is the outcome of a situation like this, where there is all of this outrage before proper investigation, any time a suspect is shot by the police in the course of the line of duty. Here we have an officer that was murdered, an officer that was well respected by all of his peers out there, serving these communities that are so challenged by the so much of the socioeconomic strife, the crime in the area, and why isn't anybody talking about it? Why isn't they getting any more attention, Dana, welcome back.

PERINO: Thank you. Glad to be here, of course. This -- I think what Sheriff Clarke is saying is -- he's brave enough to say it out loud. I think that we all know that would have been the case. If the media, having just covered the terrible situation in Baltimore and having just covered the situation in Charleston, having just covered the situation in Ferguson, if then, the situation -- roles that had been reversed in this case, there's no doubt, that it would have led the media and for days on end and Brian Moore -- deserves more attention. I don't think anyone's happy about it. I don't like the one-upmanship of these lives matters -- these live matters more than others. I do think that Sheriff Clarke has a very good point and he is willing to stick up for the police officer when a lot people are kind of being quiet about it.

GUILFOYLE: Yeah, Bolling, he's a courageous voice in the face of so much adversity and he's an African-American voice speaking proudly and mildly on behalf of officers like this one --

BOLLING: Who deserve his voice and everyone else's voices, deserves all of our voices. Brian Moore deserves to be recognized, Wenjian Liu, Rafael Ramos, those are two officers who were executed in the squad cars also. And the other 35 law enforcement officers who died so far this year in the line of duty. We forget that these people put risk their lives to keep us safe. And as Dana points out that the fact that if there were the -- with colors -- the races were reversed, that we would be talking about it, it's pretty sick. It's pretty sick that if it were -- in the opposite direction, because we have to talk about race. We need to have -- for some reason have this whole discussion about race when it goes that way, but when it's a black perp (ph) that blows away Brian Moore in his squad car, it gets no coverage, I'm glad we are.


WILLIAMS: You know, I just think you guys are introducing race into this in a way and I -- I really disagree with Sheriff Clarke. I mean, to me, the sadness over Officer Moore's death is palpable. I think everybody -- I'm in a hotel in this town and people in the lobby talk about it. I mean, people feel it. Greg Gutfeld yesterday --

PERINO: No one is fighting for it. WILLIAMS: Rioting. W had rioting come into this.

PERINO: There's no protesters and the people marching, there's no --

WILLIAMS: I think -- look, I think American communities, and I don't care --

PERINO: Yes. There is a quietly, are quietly --

WILLIAMS: If they are black or white are overwhelmingly supportive of our police and understand, as Eric said, police protect us. And I will make that argument in the poorest black community in this country. But if it's you're asking about why it would get more attention if the officer had shot the black suspect, let's be fair. Dana pointed out, there's now a pattern of this kind of thing and it has reason to a sensation in our society. And so of course, if it happened, that's why it would get more attention. But it's not to say that there's any lack of -- I mean, heartfelt sympathy for what Brain Moore went (inaudible).

GUILFOYLE: President Obama, (inaudible) some of your sentiments, Juan, saying that lack of education and opportunity is to blame, take a listen.


BARACK OBAMA, PRESIDENT OF THE UNITED STATES OF AMERICA: What you have are pockets of poverty, lack of opportunity, lack of education, all across this country. And too often we ignore those pockets, until something happens and then we act surprised. How can we send a message to young people of color and minorities, particularly young men, saying your lives do matter, we do care about you. But we're going to invest in you before you have problems with the police, before there's the kind of crisis that we see in Baltimore.


GUILFOYLE: All right, to Jesse, your thoughts?

WATTERS: Quickly, just want to respond to Juan said. Statistics actually show that cops shoot more whites than blacks, and also the Martin Luther King free speech that -- you know we're supposed to judge people by the content and the character and not the color of their skin. The consulates were hearing about the race of all these cops, all the victims and I sick of it. Now, what Obama said about poverty, you know, they invested I think it was $1.6 billion from the Obama --


WATTERS: Into Baltimore, where did the money go? No one knows. They spend more for pupil than I think any other - you know area in this country (inaudible) and the schools there are disgraceful. You know, the liberals like to say, you know, whenever there's a problem, we need more government to fix it. But the problem keeps persisting, maybe its government that is the problem itself. And when we have all of these successes in this country, the president likes to say, well, you didn't build that. And he wants the government to take credit for it. But then when you have a failure, he wants to say, oh, we need more government. So either way, the government is the most important institution when, in fact, the family is the most important institution, not the government.

WILLIAMS: Well, I say amen to you on the last point. I couldn't disagree more about the rest of it, because the fact is, that when you look at those communities, I mean -- there's no sense of crisis about the loss of those young people. They have really little prospects. They go to bad schools, fail schools, that I think shouldn't be concentrated, by the way, in terms of government hands. There should be more school choice in this country, but you can't get away from the fact, most of those people don't have great prospects --

BOLLING: Quick thought on that --

WATTERS: I'm sure they are all run by a Democrat.

BOLLING: And at $17,000 per student, Juan and Jesse points out.

WILLIAMS: I agree, yeah.

BOLLING: It ain't (ph) working

WILLIAMS: That's -- that's why I'm for school choice. But I'm just saying if you're stuck in that position, Jesse, you're a young guy. You know you would be frustrated, too.

BOLLING: My point is more --

WATTERS: I wouldn't go burn someone --


WILLIAMS: Because I think that -- no, I wouldn't go burn my own neighborhood.

WATTERS: That's right.

GUILFOYLE: Like, you know, educate yourself, get a job, show some respect for other people's lives and properties and grow up.

Next up, with the jihad attacks as the first strike by ISIS inside America, new details when The Five returns.


PERINO: ISIS has claimed responsibility for Sunday's terror attack in Texas and is threatening more to come. The White House says it's still too early to verify that claim. House Homeland Security Committee Chairman Mike McCaul says at least the very -- the shooting was inspired by ISIS.

Two American-born gunmen were killed by police after opening fire outside an event displaying cartoons of the Muslim Prophet Mohammed. Congressman Peter King thinks it's time to step up surveillance of the Muslim community to prevent future attacks here at home.


REP. PETER KING (R), NEW YORK: I do believe in having more surveillance of people in the Muslim community, because that's where the threat comes from. I think the FBI probably go into that as far as we can in the world we live in today. I think that they should be authorized to go further than that. I think we, as a country, have to come to a realization that this is a war we're in.


PERINO: Jesse, isn't it -- doesn't that just sound logical, that if you think you have a problem and need to find out the information, you would do some sort of more surveillance and intelligence?

WATTERS: Sure. I mean, if we were at war with Mormon fanatics, I'm sure we'd be looking at Mormon churches, too. It's just natural.

I mean, if the FBI isn't going to go after the Clinton Foundation, they're probably not going to go after these mosques.

The IRS was harassing the Tea Party. We have Holder looking into Jim Rosen's e-mails or whatever. But you know what? Let's not look at these mosques. There could be terrorists in there.

And we were actually looking at one of these terrorists. We just didn't catch him. He was flying over to Somalia. He was lying to the feds. They got him on one charge; he got probation, radicalized all over Twitter. We just missed him. It's -- it's real unfortunate. We just need to step it up.

PERINO: This is another example, Kimberly, where the terrorists just have to be right once, and we have to be right 100 percent of the time.

GUILFOYLE: It's really true. But then it's a matter of allocation of resources. These investigations are very time-consuming. You need, you know, cars on it with listening devices. You need a team of surveillance. You need teams to swap in and replace that team. Imagine, it's a full-time job with the number of leads and the people they get. So yes, it's really a daunting task. That's why we have to have the right resources, and you've got to be looking in the right place.

PERINO: Right.

GUILFOYLE: If you're too crippled by being politically correct and totally afraid of the liberals attacking you, then we're losing already. You haven't even jumped into the game.

PERINO: And you have to do it, obviously, within the law. Let me -- look, also...

GUILFOYLE: The law allows for it. It provides for it. If you have probable cause to suspect that somebody is -- criminal activity is afoot, somebody is engaging in jihad or radicalization, get after it.

PERINO: That's what people -- what people want.

Evan Coleman is the NBC terrorism analyst; had this, though, to say about the shooting on Sunday.


EVAN COLEMAN, NBC TERRORISM ANALYST: I don't think it's any great revelation that, if you shout "fire" in a crowded theater, and you incite people, and you say nasty invectives about people's ancestors and their religious symbols, that there are a couple of crazy nut cases that are going to come out of the woodwork and are going to try to take action over that. But that has nothing to do with Islam. There are Christians; there are Jews; there are plenty of other people from other faiths who have done the exact same thing.


PERINO: OK. Perhaps in an historical sense, Eric, maybe you could say that. But the threat that we're dealing with right now, we know where it's coming from.

BOLLING: We know. So here are kind of the numbers.

The FBI, I believe, has a budget of around $60 billion. I could be wrong. Let me know if I'm wrong. Whatever. We spent over $100 billion on this green energy initiative that has absolutely failed miserably. We haven't gotten one single thing. Solar panels are being...

GUILFOYLE: Remember Solyndra?

BOLLING: Solyndra, cars. There was going to be a million and a half cars, electric cars on the road. They're about -- about -- I don't know. They're about 800,000 short or so.

The point is this: give the FBI as much money as they need. Give them the resources. Give them the money; give them the access, as Kimberly points out. We have credible threats. Comey says he's got credible threats in every single state. Go for it. Go find. Go listen. Find out. Go to the mosques if you have to. Don't be P.C. Go after them and stop this stuff before it happens.

And by the way, yelling "fire" in a crowded movie theater is vastly different than what's called, I don't know, inciteful speech. These are completely different things. When you yell "fire" in a crowded movie theater, you're pulling the fire alarm; you're risking people's lives. You're saying there is a fire. When you talk...


PERINO: Let me ask Juan a political question. I want to show you a poll, Juan, today from "The Wall Street Journal"/NBC News, showing that Republicans are saying that their priority, their concern in the election, their first choice is terrorism and extremism and concern about that; and 53 percent said that it was their first or second choice. Does that surprise you that it's not the economy, that it's security first?

WILLIAMS: A little bit, because if you look overall among the American people and notably among Democrats, it's very clear. They want job creation, the economy to bolstered as their No. 1 priority going into 2016.

But you get among Republicans and, again, the national security, the fair issue, I think, becomes much larger. The older community and all of that.

PERINO: So maybe they're intertwined, though, because you have to have national security in order to...


BOLLING: Let me speak to this. Are you saying that Republicans have more of a fear quotient?

WILLIAMS: They do.

BOLLING: Because they're older?

WILLIAMS: I think, yes, they're an older population.

GUILFOYLE: Juan, where are you getting that from? Just take it back.

WILLIAMS: No, I'm not taking it back. That's a fact.

BOLLING: That's ridiculous.

WILLIAMS: No. It's the truth.

BOLLING: That Republicans are more concerned about terror because they're older?

WILLIAMS: No, I said they had more fear of this kind of terror.

GUILFOYLE: You're saying that elderly people are fearful; they're more irrational? I don't think so.

WILLIAMS: Let me just speak to your point. Hang on, hang on. Let me -- let me speak to your point. Let me just tell you something. I'm sitting here at a table with strong, conservative thinkers. And you guys are totally different idea -- but if the FBI came in right now, they said, "Oh, you know what? The only people that want to cut us in Washington are conservatives who put in place sequestration. It's been cutting our budget. We keep telling them we need more money."

GUILFOYLE: Oh, my gosh. Where are you getting this, Juan?


WILLIAMS: And let me just tell you this, too. You guys keep saying, more, more, more. Kimberly...


WILLIAMS: Kimberly said right here on this show, the laws are in place right now, if they have reason to go after any of these people -- and you, Jesse, said they, in fact, had this guy in their sights. But you know what? It slipped through.

WATTERS: Bolling just made a good point. We're spending hundreds of millions and billions of dollars on green stuff, and they're saying the FBI doesn't have enough money?

WILLIAMS: I'm telling you who's cutting the FBI's budget.

WATTERS: We wasted hundreds of billions of dollars on green jobs.

WILLIAMS: You've got -- no, you guys want to play...

WATTERS: You should give (ph) these terrorists some green jobs.

WILLIAMS: You guys have -- you guys have such a weakness about (UNINTELLIGIBLE). But you should check out the conservatives who are cutting the budget for the FBI.

WATTERS: Who cut the budget, Juan? You mean they slowed the growth?

WILLIAMS: There we go. But then the same time, on the other side of your mouth, you say, "Oh, yes, they should give them more money."

PERINO: I really -- I've been away for one day, and I totally lost my touch of controlling a segment. But I'm going to get it back on track now.


PERINO: Next, Republican Mike Huckabee has officially entered the 2016 race. We'll have highlights from his fiery announcement and just what we think his odds are when "The Five" returns.


WILLIAMS: Republican presidential candidate Ben Carson announced his White House bid yesterday, and instead of taking issues with some of his politics, this NBC -- MSNBC pundit actually went after Carson's remarkable career as a pediatric neurosurgeon.


MICHELLE BERNARD, MSNBC COMMENTATOR: They drank the Kool-Aid. Conservatives said, "We love you," and he thought, "Oh, they love me. So now I'll just say everything I can about Barack Obama." It's horrible.

People are going to say, "Who is the real Ben Carson?" The person who probably went to Yale and University of Michigan for medical school because of affirmative action and because of social problems, and didn't end up like many of the black men that we see in prison today in Baltimore, where he came from, because of these same social problems.


WILLIAMS: Carson has said before he believes affirmative action did help him get into Yale but not into medical school or his residency that followed.

Kimberly, what do you make of this?

GUILFOYLE: I'm so offended by this, and I'm so offended by her stupidity. And I think her statement was racist. I don't know why she would say that. Why would she say that about somebody so accomplished? What difference does it make whether he had the benefit of affirmative action or not? He's the one that went to school. He's the one that studied. He's the one that did the residency. And he's the one that figured out a solution to a very complex medical problem and was able to be the first successful neurosurgeon that was able to separate conjoined twins.

Really, lady? What have you done except run your mouth?

WILLIAMS: Well, you go, girl? Because you know what? I think you're right. I just think that she plays into this assumption somehow that black people aren't as smart. He needed this.

GUILFOYLE: Terrible.

WILLIAMS: He's obviously a very smart, very talented man.

GUILFOYLE: Yes, as a minority woman who would be entitled to affirmative action, I'm offended.


GUILFOYLE: So can I just make this point? The GOP now has a black neurosurgeon running for president, has a female CEO running for president, has 2 1/2 Latino -- two and a half Latino...

PERINO: Two and a half?

GUILFOYLE: Jeb Bush, we'll give him half, because he...


PERINO: No. I've met his parents. He's not.

BOLLING: He checked the box on one of his forms. All right. So we have two full-blooded Latinos...

WILLIAMS: I don't know. What about the mailman?

BOLLING: The GOP is a party of diversity. African-Americans, Latinos.

WILLIAMS: Yes, yes, yes.

PERINO: Nice try.

WILLIAMS: All right. Let me give you some diversity here. This is Mike Huckabee announcing his bid for the presidency.


MIKE HUCKABEE (R), PRESIDENTIAL CANDIDATE: Folks, it is a long way from a little brick red house on Second Street in Hope, Arkansas, to the White House. But here in this small town called Hope, I was raised to believe that where a person started didn't mean that's where he had to stop. I always believed that a kid could go from Hope to higher ground.


WILLIAMS: Dana, what chance does he have?

PERINO: Well, they all have a little bit of a chance, and I think what's interesting now -- seriously -- they all, because of the way that they are able to raise money now, they all will have enough money to get through the summer.

So in some ways, the benefit of all of this money in politics is that the debate will really matter.

WILLIAMS: You know, exactly...

PERINO: For the first time in a long time, the debates will be what are really...


WILLIAMS: I'm not sure -- right. There's a lot of money but I'm not sure you just didn't give him a left-handed compliment, because you didn't say...

PERINO: I said everybody.

WILLIAMS: Yes, everybody. Which means kind of like...

WATTERS: I'll tell you, I don't think he's got a chance at all.

WILLIAMS: There you go.

WATTERS: And I don't think he's going to have enough money to make an impact. I like Huckabee personally. He has a very narrow appeal to high- school graduates and kind of working-class whites and evangelicals.

I like how he speaks about kitchen-table stuff. He was doing that long before President Obama was when he was talking about wages and health care and tuition; and I like that.

I just don't know -- and he's been on FOX for how many years? He's got the radio show. He's probably given the enemy so much material to work with there. I just don't think he's going to be able to pull it together. I think his time has passed.

PERINO: I think he could win in Iowa.

WILLIAMS: Well, he's done it before.

WATTERS: He's about sixth or seventh in the polls right now.

WILLIAMS: Yes. But if he does well in Iowa, New Hampshire; he could do well in South Carolina.

GUILFOYLE: Let him run. Let him, you know, announce (ph) everything.

WILLIAMS: Hey, Governor, you know what? We know you; we love you. Go for it.

GUILFOYLE: We're sitting in his chairs.

WILLIAMS: Next, a secret that could help you get that promotion that you've been hoping for at work. Stay tuned.


WATTERS: I'm a big believer in this one. If you want to get ahead at work, you should suit up. Science even backs up the connection between success in people who don formal attire in the office. Researchers have found that you think differently when you're wearing nice clothes. Like maybe you feel more powerful, and it changes the way you see the world.

So a quick bit of advice for people on how to dress appropriately at work, and I will guarantee a promotion within six months. Blue blazer, button- down shirt. Tie is not necessary. Collars stays in so they don't flare up. Slacks, no pleats. You can't have them be flouncy. The socks have to match the pants. Shoes and you need to have them polished regularly, because women judge men by their shoes.

Now Bolling, you're a big no-tie guy, and everybody who loves you talks about that, but when you did come on "The Factor" as guest host that first time, you got smacked down.

BOLLING: Very quick story. The first time -- what, was it was three or four years ago? In the boss's office, we have this long talk about "You're going to host 'The Factor.' Big show. Are you OK?"

I'm like, "Yes, I got this. No problem. One question."


BOLLING: "Tie or no tie?"

The boss says, "Are you kidding me? It's your look. No tie."

Swear to God, honest to God, true story. The phone rings at that moment. It's the executive producer of "The Factor": "Bolling's wearing the tie. Mr. O'Reilly wants the tie. Right?"

He hung up the phone. "Bolling, you're wearing the tie."

WATTERS: That was quick.

WILLIAMS: But you know what, Jesse?


WILLIAMS: Aren't you famous for polo shirts?

WATTERS: I am. That's when I'm out in the field. It's not in the office.

WILLIAMS: It's how people know you.

PERINO: There you are. You do look nice.

WATTERS: You know with Miller told me I look like right there, with the pink popped collar? Gay Dracula.

PERINO: It's a good look for you.

WATTERS: Kimberly, don't you agree, in the office -- in the office you want to see guys and girls looking nice and put together?

GUILFOYLE: Of course. I mean, look at Dana and I. Look at this table. Feast your eyes on this. Except for you. I don't know. You said wear a blue suit. You don't have one on. I don't know about the socks.

WATTERS: Listen, it's not absolutely in exact detail.

Dana, when you were in the White House, very strict dress code, right?

PERINO: Right. I mean, you had to wear -- men had to wear a jacket in the Oval Office. And I didn't have to wear a jacket in the Oval Office, but I would try to look nice, obviously, of course.

And I'm a big believer in this, because obviously, we all look nice because we have to be on television. But you have younger people that go to the office. Maybe you're just filing stuff. Maybe you're just having to check the Internet for somebody. And so you think that you can get away with wearing your shorts to the office or your flip-flops, or like I say in my book, don't wear Ugg boots in the office all day long. You can wear them to the office, but then you have to change into appropriate footwear. Or you look like you're just shuffling back and forth to the copy machine and to the kitchen.

It can make a difference. It is a little bit expensive. I understand that. People that are just starting out may have one wardrobe, right? Going out and work, and it's all the same look.

But another tip is that, ladies, if you stand up and you feel like you have to pull your skirt down a little bit, it's too short for the office, OK?

WATTERS: Well, maybe not always.

PERINO: Jesse.

WATTERS: All right. Dress for the job you want, not for the job you have. Right?

PERINO: Exactly.

WATTERS: All right. "One More Thing" is up next.


BOLLING: Time for "One More Thing." I'm going to start it off. Remember the famed Chicago baseball announcer Harry Caray? Here's a quick picture of him. He was awesome. Last night Will Ferrell did his best Harry Caray on the Letterman show. Watch.


WILL FERRELL, COMEDIAN: Hey, isn't it true you're retiring, Ed?

DAVID LETTERMAN, HOST, CBS'S "LATE SHOW WITH DAVID LETTERMAN": Yes. Yes, half of that is right, Harry.

FERRELL: That's a good call.



I can -- I can tell you you're losing a little mustard off the heater.


BOLLING: All right. Awesome. We miss Harry. K.G., you're up.

GUILFOYLE: All right. So Metropolitan, that Museum of Arts, the Costume Institute gala was last night. It's a mere $25,000 per ticket. I (ph) did not go. But it's a big fashion night. So let's take a look at some of the standouts. We have Beyonce there in Givenchy, looking fabulous. Always great. Dress a little see-through, though. You had Rihanna there in Guo Pei.

WATTERS: Why are you looking at him?

GUILFOYLE: I don't know. Bolling was talking about it earlier. And Sarah Jessica Parker probably had the most interesting look by Philip Treacy. You see that little headdress there, which was kind of elaborate, flame- like, red and white. So everybody was stopping in their tracks, checking it out.

BOLLING: Good stuff. Good stuff.

GUILFOYLE: Bolling, you liked it.

BOLLING: Dana, you're up.

PERINO: OK. I've been on the book tour. "And the Good News Is," it's been really great. I want to tell you some people that I've met along the way.

People come through the line. Former White House interns I hadn't seen in a long time. Former colleagues from jobs that I even forgot that I had. That was yesterday in California. Military that served during the Bush administration and were at events that I write about in the book. One of my late grandfather's friends that helped with the Marlboro Man shoot on my grandpa's ranch. His daughter came through and gave a letter to me. But the person I never thought I would see at my event at the Richard Nixon Library last night was this guy.


GREG GUTFELD, CO-HOST, "THE FIVE": I have a question for Ms. Perino. Any authors that inspired you? Perhaps a good-looking, right-leaning libertarian author presiding in New York City, somebody like that that probably made you want to write this book?


PERINO: So that was Greg Gutfeld joining me at the Richard Nixon Library last night by video.

Thanks to everybody there. Amazing volunteers, and I had a good event. And I'll be in Philly on Thursday, Colorado Saturday and Sunday.

BOLLING: All right. You're up.

WILLIAMS: So proud of her. By the way, today is Cinco de Mayo. So I thought, you know, what are these guys drinking? What's their favorite tequila? Jesse says Patron Silver. Guess what? Eric says he has none. Dana says, "No, not really." She wanted to a -- get her one, but I couldn't figure it out. And then Kimberly said Don Julio and for me, I really like tequila. It's 1742, I think, is the name of it.

BOLLING: Quick one, Jess.

WATTERS: OK. So a little riot action down in Brazil. Everybody, check out some riot video here. Everyone going nuts down there at a soccer game.


WATTERS: Obviously very upset. There's a lot of poverty down there. They're probably protesting about jobs.

BOLLING: Bye-bye.

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