LOU DOBBS TONIGHT; CNNfn

Business
31 July 2003
CNNfn: Moneyline News Hour

LOU DOBBS, CNNfn ANCHOR, LOU DOBBS TONIGHT: Tonight: A surge of economic 
growth spurs stock prices on Wall Street -- Christine Romans with the market.

Rumsfeld`s military: lean and efficient or too few and overcommitted? 
General David Grange on point.

"Selling America," our special report on advertising. Tonight: product 
placement with Robert Riesenberg, the producer of NBC`s new reality show 
"The Restaurant."

And Americans are no-shows in France. Foreign tourists have cut back their 
travel to America -- a special report.

ANNOUNCER: This is LOU DOBBS TONIGHT for Thursday , July 31. Here now, Lou 
Dobbs. DOBBS: Good evening.

The Pentagon for months has tried to minimize the resistance to U.S. forces 
in Iraq, describing those killing U.S. troops as dead-enders, onesies and 
twosies, and Saddam loyalists, among other terms. Now the military has 
identified a new enemy in Iraq, the al Qaeda. The U.S. commander, General 
Ricardo Sanchez, today said international terrorists are probably taking 
part in attacks on coalition forces.

Those attacks have now claimed the lives of two more soldiers over the past 
24 hours; 51 American soldiers have been killed since the president declared 
the end of major combat operations on the 1st of May.

(BEGIN VIDEO CLIP)

LT. GEN. RICARDO SANCHEZ, COALITION GROUND TROOPS COMMANDER: As a commander, 
that there are terrorist groups here. Those terrorist groups that have 
clearly stated that they are going to conduct operations against the United 
States, this is the place to come. And I suspect that they probably are 
operating in here, along with others, like Ansar al-Islam and other 
extremist groups.

(END VIDEO CLIP)

DOBBS: The U.S. commander of U.S. forces in Iraq, General Ricardo Sanchez.

Former Rear Admiral John Poindexter is to resign from the Pentagon within 
the next few weeks, according to a senior defense official. Poindexter is 
the head of the agency behind the short-lived project to create a futures 
market to predict terrorist attacks. That project was canceled after 
protests from lawmakers on Capitol Hill. And most economists are now saying 
that such an idea had its merits. But, so far, no one has stepped up from 
the administration to defend Poindexter.

Senators today received a progress report on the hunt for Saddam Hussein`s 
weapons of mass destruction. The head of the CIA search team, David Kay, 
said investigators are making what he called solid progress.

Congressional correspondent Jonathan Karl with the report -- Jonathan.
...