SEAN HANNITY: Let me play the Congressional Black Caucus on the House floor yesterday. They keep saying hands up, don't shoot. There's one problem. Eyewitnesses to the shooting of Michael Brown said, and I'll quote one of them, "he was charging at Officer Wilson like a football player with his head down." So he didn't have his hands up. But this is what they're saying...
Dr. Sowell, it's a catchy slogan, there's one big problem with it. It's fiction. Michael Brown, according to the eyewitnesses, did not have his hands up. What's your reaction? Why are members of Congress repeating something that they know is not true?
THOMAS SOWELL, ECONOMIST: Oh, for political reasons. I thought of Joseph Goebbels' doctrine, people will believe any lie if it's repeated often enough and loud enough. They're repeating it often enough and loud enough. And it will pay off for them personally and politically. People who are out to forward their political careers say and do things that have no relationship whatever to reality or to anybody else's interests but their own. I think what happened in Ferguson, Missouri, it is going to adversely affect blacks yet unborn who will still be paying the price for it 10, 20 years from now because you're not going to have businesses there that you had before. I've seen this happen in other cities. Detroit, is a classic example. Harlem. You run through the whole list of them. A city doesn't get over this kind of stuff in a few years.