Ok found that it does NOT leak transmission fluid but the T fitting coming off of it with the vacuum line is not connected. There is a stub coming out with NO vacuum line and it's blowing out smoke.
Also the carb is shooting fuel out all over the place. I must have done something wrong when I rebuilt it and not sure what because it only used to leak a little fuel, not it's pouring out. I believe it has something to do with the carb as part of the problem. One other question... At the distributor there is a vacuum hose coming out and then it Y's off. I have it all connected to the correct places but there is a valve on the Y that goes towards the air cleaner valves with vacuum. That valve at the distributor that seems to only let air go one way and not the other is broke so I took it off. Will this hard or affect anything temporarily?
I think it's just time to just all this emissions crap and put on this Street Dominator intake and 500cfm carb.... I have had SO many problems with this car with water leaks, electrical problems, switches in the dash, dash cluster, etc etc I am getting fed up with it so sorry if I start to vent and ramble on about it.