tv Varney Company FOX Business November 6, 2015 9:00am-12:01pm EST
so positive signs there as well. maria: big story there. thanks, everybody. good show, always a pleasure, thank you, and things for joining us, charles payne is in for stuart varney. i'll see you tuesday in milwaukee for the fox business network debate. over to you, charles. >> thank you, maria, guys, so much to go through, i'm charles payne in, stuart will be back next week. first of all, we got what appears to be a pretty solid jobs report a half hour ago, the market is confused what to make of it. don't worry, we've got a guy coming up in a few minutes that's going to find something right and definitely something wrong with it. you know it's not a gloomy jobs picture out there. and the debate, tuesday, eight candidates taking center stage for the second debate at 9 p.m. and i bet jobs will be one of the issues that comes up. after all, it's a business network. and another example of violence in the mainstream media. attacking ken carson and carson
responds. ollie north says a generation of christians are being slaughtered and joins us live from iraq and a wish granted to a terminally ill "star wars" fan who wanted to see the movie before he died. it's a beautiful story. >> there's a lot of pressure, it's like the san andrandres fa. what does this really mean. let's take a look at disney, a lot of companies reporting and the news, big time money still at espn. just when we thought it was going to be a weak spot.
the new "star wars" comes out. check out shake shack. strong sell and strong profits third quarter and still the strong line. gasoline, on the other hand moved up overnight. 2.22. ♪ >> the national average and up almost every single day this week. now, to that russian plane. president obama now saying there's a possibilities there was a bomb on board and that he's taking it very, very seriously. of course, the british investigators believe there was a bomb on that plane and it was placed in the cargo hold according to multiple british media outlets. the bbc reported while officials have not completely ruled out the possibility of mechanical malfunction, it's very, very unlikely that was the case. back to this jobs report though. 271,000 jobs created last month. joining us is paul conway. former chief of staff at the labor department and the former bush administration. i've got to tell you something, 271,000, on the surface better than anyone thought.
what do you make of the number? >> well, i think context is important here. i think it's a good number especially if you take a look at construction, retail sector, education, health care. but i think the context here is important because for 2015, the average job growth per month has been 208,000. when we take a look at 2014. the average monthly job growth was 260,000. on the one hand, you can say let's celebrate those people who go back to work and keep in context, we're just now in this month getting closer to where we were for the entire year last year. so, does one job report make a jump start of the direction in a new economy? i don't think so, but it's great that more people go back to work. what about the 90 million americans who are not working who are still on the sidelines? >> the exact number is 94.5 million, not in the labor force. now, we know those things don't change overnight. nevertheless, it does eco a theme that a lot of americans
have given up looking for a job and given up on the american dream. and they've been allowed to, you're paying a lot of money not to go to work these days. i want to ask you on that note. wages finally restore wages of 2 1/2% year over year, that's the biggest gain since july of 2009. again, this is one single month in a string of bad months. is it something we could glom some hope on? >> i think it's a hopeful thing. i think that the translation in this is really going to be do americans feel like they have more purchasing power? especially headed into the holiday with retailers picking up on retail jobs and that type of thing. are people going to spend? are they going to have the confidence and feeling as though they have more to spend in over the long-term, do they feel like they're getting positioned to take care of things like retirement, security, and to start paying off things like student loans and other items like that? i think that's the real test and that's all to be determined, i don't think, unless you have months of wage growth. >> one good month does not
change all of those serious facts of life. thank you, we appreciate your expertise. >> thank you. now, the space is set for the republican presidential debate and it will look like this, donald trump, ben carson, marco rub rubio, ted cruz, jeb bush, rand paul, and carly fiorina. and we've got e-mack here, a huge night and the jobs report is one of the things that comes up liz: the first debate is going to be exciting because you have chris christie and mike huckabee in the first debate. we know in the past that chris christie and santorum have gone at it. hammer and tongs and bought bitterly in the past election, chris christie not liking santorum's position in higher education.
and rick santorum says not everybody needs a college free. and focusing on social issue. that's not where it should be, watch for a huge fight breaking out between those guys. charles: it's tantalizing, no doubt about it. i think the outsiders benefit from the-- these guys are sharp in these debate. what does it mean for the second debate? obviously, we're going to have business questions, we're going to have economic questions and things that people can care about because the economy is issue number one, not fantasy football. >> yeah, already we know that trump and carson are neck and neck and cruz and rubio are neck and neck, 3% growth for the last three years and something odd is going on in the economy and these guys are going to try to. flush it out. >> and cnn's investigation that he really wasn't a thug as a kid. roll tape.
>> the media is ruthless, so i would say to the people of america, do you think i'm a path logical liar like cnn does? or do you think i'm an honest person? and i'm going to leave that up to the american people to make that decision. charles: tamara holder is here with us. it's so odd that the left is going after ben carson because maybe he wasn't, he didn't have a violent period in his life. >> i don't think it's really the left. everything is open game, right? it's whether you file for bankruptcy, took out your 401 is k or whatever early. charles: as a child, how far back do we go in history. >> i'm a defense attorney, go to somebody's criminal background. if you go to court and get arrested they pull up everything in your background so there's a question about why is-- why is he avoiding this, saying it doesn't matter. instead of addressing it and-- >> he put it in a book.
you can't say he's avoiding it. how many people know about his childhood, he put it out there. >> then it's not the left attacking him on it. if it put it out there-- >> as an adult he put it out there. >> why is it an attack or a dig that the left is doing this if he put it out here in his book and he said, this is my past. charles: because i guess it seems pathetic we have a job participation rate near a three-decade low, to e-mack's points-- >> they're all relevant. charles: really? you think so. are you going to ask every single presidential candidate what happened while you were a kid and why is it relevant as an adult? . i did things at 20 i'd never do at 40 or 50. >> if somebody asked you about it you'd be able to explain it away. the thing is, it's not a left issue. because we have the economy to talk about or terrorism to talk about doesn't mean that other things and character traits aren't relevant. it's all fair game. charles: you're not the same person you were 20 years ago, are you? >> yes. charles: you are?
[laughter] >> let's leave it there. members of the latino community calling donald trump a racist. young children, in fact, being used and using expletives in a new ad. you've got to see this. we're going to roll it. >> this is my home, you can't take my rights away. >> if you like our constitution and what it stands for, get (bleep) out of my country. >> there. >> oh, boy, that's crazy stuff. now, trump was actually with maria bartiromo earlier this morning and he talked about this ad. let's hear what he had to say. >> i think it's just terrible and in fact, the new york post did a big story that totally back fired. i mean, to have young kids using that kind of language is a disgrace and it's totally back fired and people are actually going wild about it and saying we're now going to support trump. anybody that would do an ad like that is stupid. charles: tamara, what do you make of the ad? >> it gets people talking, and
he really needs the latino vote. charles: he says he's going to win the latino vote. >> i'd like to know how, don't like donald trump. charles: poor taste, using kids this kind of way, it would have to back fire, wouldn't it? no way it's going to work. people who orchestrated this, hurt their own cause, i think. >> all i can say, i think it's in poor taste, i do, but at the same time, it's just a point to get people talking about the issue and make sure that donald trump doesn't get away with his position. charles: i hope-- >> remember what he said. charles: i'm hoping one of those kids are running for president 40 years from know you, they don't bring up this tape. >> in their future-- >> don't forget, next tuesday, the fox business debate live from milwaukee, 7 p.m. and 9 p.m. now, we've got a new report that might make you feel better about grabbing that big mack for lunch. jo ling kent has that story and many more in case you missed it. >> good morning, this is interesting.
a new study from cornell university says that junk food is not likely to be a leading cause of obesity in the u.s. the researchers do not advise eating just chocolate bars and burgers with a large coke, but they did find that eating those foods not related to body mass index in the average adult. and in london, violence broke out during the million mask march. the anti-capitalist theme march resulted in three police officers injured and 50 people arrested as protesters set a police car on fire and hurled fireworks at officers according to the telegraph newspaper. charles. charles: thank you, very very much. i'm not sure i buy into that. >> about junk food? >> some sort of happy medium, right. charles: i haven't found it yet as you see. i should alert the audience at home, i look bigger on tv than in real life. >> you're like 110 in real life. charles: what?
>> you're like 110 in real life. charles: president obama says that the russian plane down in egypt is likely a bomb and more varney next. >> if putin wanted to go all in he could hammer the islam state. i would say they're much tougher. awe believe active management can protect capital long term. active management can tap global insights. active management can seek to outperform. that's the power of active management. why is philips sonicare the most loved electric toothbrush brand by americans and their dentists? because it leaves your mouth with a level of clean like you've never felt before. get healthier gums in 2 weeks innovation and you.
>> back to that russian plane. here is what president obama had to say about it. roll tape. >> i think there is a possibility that there was a bomb on board and we're taking that very seriously. charles: let's bring in dakota wood with the heritage foundation. president obama says it's probably a bomb. the u.k. seems more definitive and says it's not only probably a bomb, but probably in a cargo hold. where do we go from here? i'm not sure we'll get the complete story because russia and egypt are loathe to admit
that isis was with this potential crime. >> if it turns out an islamic state or terrorist organization that bombed the aircraft, there there's economics and prestige on the russian side. what we're hearing is a lot of speculation, it's sensationized and alarmist, there's over 100,000 flights every single day from various airports around the world and the facts that the british and the u.s. intel community can say is it might have been the case. so, i think we still need to see what the actual evidence presents. >> but having said that, dakota, i saw photographs at sharm el-sheikh, the airport the day before the bombing and the day after-- i'm sorry, i shouldn't say the bombing. the day the plane went down, after and before and there was a difference how long the lines were and concerted effort to check bags and also, as well, this is an area where it might
be easier for isis to infiltrate and place a bomb in a cargo hold. >> it is, you look where the airplane broke up, this airbus. it clearly indicates something happened, you know, mid airplane in that bulk cargo hold area. so, you know, airplanes or airports should be screening all of that stuff on a regular basis. certainly there is complacency and a lull in attention when something occurs for a very long period of time. kind of like wearing your seat belt when nothing bad happens. when something like this happens, it spikes interest. it's not a bad thing, people should be reviewing security procedures, but it doesn't mean that all airplanes and all airports are now suddenly vulnerable in ways that wasn't the case earlier in the week. charles: that's the point i wanted to make with you. so russia, probably because of national pride wouldn't admit to isis had successfully bombed a passenger plane, but could
we, perhaps, see defacto mission with a stepped up effort in bombing isis positions in syria and stuff like that, coming up soon? >> the russians are extremely brutal. when something happens to them and then they respond. i mean, very vengeful, so if there's any connection to islamic state or maybe chechen islamist, something like that, you'll see a very heavyhanded response. in fact, you could see the russians use this as pretext for stepping up operations in syria. i think they would continue to target rebel groups that are more effective against assad rather than the islamic state, but we'll see. charles: dakota, appreciate your expertise as well. hillary clinton going off exxonmobil on climate change. the company now, of course, being probed by the state of new york. coincidence? and daredevils taking to the sky on jet packs to fly along a huge plane.
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deployed from a helicopter hovering at 4,000 feet alongside an a-380 airliner. they had formations along the aircraft, stunts on one and before breaking away. one of those was e-mack, by the way. [laughter] a probe by new york state, and liz, they allege that exxonmobil misled the public what it knew about climate change liz: they're subpoenaing exxonmobil for going back to 1977 for the climate change statements and all of that and the record and related material. and what's going on here, exxonmobil says wait a minute, we've been disclosing and talking about this with the department of energy, worked with major universities on this, more than four dozen peer review newspapers. what they're doing is trading general schneiderman, the martin act, low bar standard of proof, as tamara knows, it's
basically false statement or misleading. the martin act was used by two prior attorneys, spitzer and cuomo to get into the governor's mansion. charles: hillary clinton is the one that's making it a campaign issue. maybe she made a phone call to the new york state attorney general. >> this is hilarious, because hillary clinton made a call and you think that the u.s. attorney is investigating. that's not what's going on. the question is whether or not as liz said whether they have misled the public for all of these years. what's interesting about this, you have-- >> why now? >> why now? because i think there's just more information going on and it has nothing to do with, in my opinion, a campaign issue, that new york-- >> this is going to hang on exxonmobil because they disclosed issues of climate change in their filings. >> because they say something doesn't mean it's true or accurate liz: and by the way, carbon tech notes on climate change. and spitzer and cuomo used it
to bust up ponzi schemes, pump and dump schemes. charles: and of course the attorney generals, new york attorney generals would never politicize everything. >> not just exxon, it's peabody energy and-- >> leave peabody energy alone, it's trading at one penny a share. >> make them go away then. charles: obama's done that. disney reported investors are breathing a sigh of relief, and reporting espn and there could be some from a galaxy far, far away. we're talking to a new york city police officer who says what the mayor has done to the city is wrong. more varney next. ♪
>> we've got breaking news for you right now. the russian plane mystery thickens because russia now suspended flights to egypt. we're going to keep you abreast of what's going on there and of course, the opening bell is going to ring here in just about four seconds. the market has been all over the place this morning since the jobs report came in much better than anticipated. and the nasdaq and the new york stock exchange, the bell should be ringing right now. we'll see this start to come in. the big name, of course, is disney, reported after the close last night.
pretty good number and some would think the internals are good. they're under some pressure. other than that, lots of earnings report and they were mostly pretty good. one thing about this, they were training higher and monster worldwide are up and oprah winfrey if she's not your hero before, she is now, up 200 million with weight watchers. and we're probably all over the place in a very, very tight range until wall street can figure out the jobs report with respect to what the fed does next. let's bring in lee with me, and let's first talk, i want to bring in the whole gang, i'm sorry. only had lee in the teleprompter, we've got scott shellady in chicago, e-mack is onset and so is cheryl casone. we'll go through them all. the biggest name, disney making money with espn, don't bury it yet. everybody thought it would be
the weak spot and "star wars" is going to be huge, episode seven a month away. lee, start with you, and overall disney and the idea that people are pulling the cord or cutting the cord. >> the whole idea about cutting the cord is a slow grind just as much as disney has to get on the streaming band wagon. we're not looking at every 18 to 40-year-old man cutting the cord the next quarter and leaving disney in the lurch. guys still want to watch espn, theme parks are growing by 10%. remember, just in august, charles, that we had analysts come out and say we had to fundamentally value disney different because it's different this time because it's a media company. charles:. cheryl: cheryl if you listen to carl iger, they're making a deal with sony and about the streaming. cord cutting is definitely on their mind and i think that's still what investors are long-term concerns about when it comes to disney. charles: cord cutting is
inevitable? >> what he talked about was the digital offerings, maybe ways they can deal with apple tv. they've got to make the connections and people are going on demand. charles: and two giant behemoths make the deals quicker. it's an issue out there. go out and buy the biggest streamers out there. i think it would be a good deal. >> disney has to focus on quality. but the other media companies, it's a time warner-aol deal years ago. charles: shake shack, people are willing to spend more for quality hamburgers. tell us what's going on there? they crushed expectations, adjusted earnings per share, 7 cents was expected. that's a big beat. the stock was actually up, sales were up at the restaurants 17% year over year. so, a lot of people criticized, well, this is a fad.
there's a lot of burger places, and a lot of people think it's the shakes, i think it's the fries. charles: smash burger sold 40% to a filipino company and not the same per se. let's talk about weight watchers, i don't think that they've lost one pound in response to her partnership and to quote his words, it's been terrific. ashley: scott shellady. >> how did i know you were going to come to me on the weight watchers thing. [laughter] >> go ahead. >> i know that the oprah effect is something you can't deny. how many products has she launched from that television show and i think this is for real and i think with the healthy eating everybody is going towards now days, including myself. i think that combined with the fact of oprah's star power is understandable why the stock is doing what it's doing.
charles: you're looking svelte, my man, you should be the next hire for weight watcher. charles: something tells me lee is not in agreement. >> you look at younger people, they're on my fitness pal and diet, and other app platforms. until weight watchers fully integrates, you're dealing with the baby boomer generation, our age and up, are not as app cra crazy. cheryl: weight watchers is doing that. the face-to-face component of weight watchers. charles: an on-line component growing like wildfire. ultimately losing weight is 70% what you put in your mouth. and this, they're making money, dreamworks, a lot of people had written them off. great so far today. >> they're able to beat these other problems that other content providers are having. they can do the licensing, and sell stuff, but at the end of
the day we're not looking at this, this is not a cbs or a 20th century fox. charles: maybe it's up for sale or something like that. let's talk about trip advisor, disappointing sales and profits. this stock didn't hit today. where are the shares. >> let's see what it's doing as we speak. roughly 10% to the down side. 74.99 a winner year to date. pulling back some, it's weaker than expected growth. you know trip advisor has tough competition. kayak, air bnb, with that they've been spending money advertising from a discount, and loyalty programs. and they expect the expenses to soar. charles: the answer is no, we're not, men's warehouse. we might like the way we look, but we certainly don't like the way your stock looks. this is getting hammered after lowering its outlook. on the other end of the spectrum.
monster worldwide doing good, and folks are showing profit and the same-- it's a mixed pictures here, guys. scott, let me go to this real quick. and rewarding winners and punishing losers to the point it's almost absurd to me, what do you make of the reaction? >> you go back three weeks and look or four weeks, whenever we hit the lows after we kind of fell out of bed. this has been-- the rally has mainly been led by the large caps and big companies and a lot of the smallers have only come half the way back. i think they've been punished on the way up and why they're getting doublebly punished on the way down. that's the case and now hang on for the gains of the big ones and that's what i think we should be watching for. the little ones haven't come back and the big ones have, that's the danger. charles: and sam's.com. last time we stopped out at 23 in 2012. almost $100 a share and there's a tale about buying and holding that one way day we should talk about. let's talk about facebook.
haj huge, probably the biggest winner of the week. giving up a little bit of it. market cap is up there and clicking on all cylinders. >> they passed ge in terms of market capsize and taking on amazon to say if they're in the rankings. i tell you issing, remember the botched ipo for facebook in 2012. charles: sure liz: for this stock to be popping for it. the deal one in five minutes spent on mobile devices spent on mobile device platforms and they'll start chewing into tv advertising. charles: one of the things we've had all morning about smart acquisitions, they've made some very, very smart acquisitions. let's talk about this company now, help on high school mascot changes, the washington redskins are not too happy about it. tell us the details. >> on the west coast, point that out. they'll help and give money to high schools who want to get
rid of controversial names the blackhawks, the redskins, things like that and a statement for the team says, this is a company that makes hundreds of millions of dollars, they make things like the chicago blackhawks, golden state warriors, the cleveland indians, seminoles, atlanta braves. to come out and say if you kids i want to get rid of your mascots, it seems hypocritical. charles: last year under amour passed them up in terms of u.s. apparel sales. and european sales are doing well, but penetration in america is failing and i think that nike is starting to eat their lunch overseas. they're losing on both sides, to me i think it's desperation, trying to take a politically correct angle on something i think is going to backfire. >> in china, the other brands aren't. charles: the world is shrinking for them. this pc correct action i think is-- >> you're saying basically it's
kind of dumb of them to go out and make this statement, trying to be politically correct. charles: the girls watching the blackhawks, you're going to say, turn them into something else. >> i would fire the pr guy. it was a shortsighted idea to bring the new generation, it's not going to work. charles: not going to work. scary report from bank of america. i talk about this a lot and they're talking about it. robots are going to take over 45% of jobs for manufacturing and cut 9 trillion dollar from the labor costs within the in exdecade. bank of america is saying this, it's not a fringe block, but it's oxford university. >> it will be a labor shortage and you need people to make the robots. a bright side to the story. 45% of the work force is going to be robots. as you point out, bank of america. robots are cheaper than human workers at $8 an hour versus maybe $25 all in. charles: they don't complain, don't call in sick, and-- they don't talk back.
charles: you know what i'm talking about, they'll take over jobs in broadcasting and the trading floor. >> right, we've seen that down here. 85% of us migrated to artificial intelligence. that's what we'll continue to see. adidias comment, i'd like to see them take money to the fast food industry and get rid of extra large drink. charles: i said we're going to the tight range, down 40, up 28, we're going to grapple with this. we could have a triple-digit move, the thing, in either direction. glued to the tube today and stayed glued to the tube on tuesday, you can't miss the debate live from milwaukee, 7 p.m. and 9 p.m. eastern time. lt. colonel oliver north live from iraq, a generation of christians being slaughtered, he's on the front line and with us next.
>> an update to wednesday's story that we had. "star wars" super fan has cancer and last wish to see the "star wars" movie early. listen to his plea. >> you are terminally ill. do you not expect to live until the official release of the movie in december? >> oh, definitely not. my estimated time to live was about a week ago. and i can feel-- >> i can feel it's getting worse.
charles: well,liz, he did get to see the movie. >> what a moving story, tluke skywalker, the actor who played in the film, said he's elated about it. >> and people are flocking to his story and great that the director made the arrangement to let him see the movie. >> the entire cast got behind this on social media. power to the people. this became a viral cause, to get him to get a copy of that movie. stuart was involved, obviously, you saw the interview and so, it's amazing what the internet can really, really do. social media. charles: amazing things. >> probably going to put a lot of security around that screening, right. >> he already watched it. charles: and we are trading at a narrow range, but right now, the markets are trying to figure it out. and what does the jobs report mean? janet yellen said that december
was live to begin with, it will be livelier now. gold is 1,086 an ounce. our next guest is joining us from the front lines in the middle east, laurent colonel ollie north is in iraq in isis territory. you've been there for several days and what are you seeing on the ground? >> charles, we've covered over 300 kilometers of the front line that exists today between the kurds, the only force that is consistently beating isis in every engagement, and we visited the front lines all over that mriment, if you will, north of the city that you can see on the map behind me. for the kurds, this has been a perfect storm. first the syrian civil war, and then the isis calamity that's affected them and oil dropping has made it almost impossible to deal with what they're confronted with. a catastrophe of unparalleled proportions since world war ii.
they're playing host to 2.5 million internally displaced people and refugees from the syrian war. you're looking at a situation that is a, literally genside for christians in this part of the world. the peshmerga, consistently only force to defeat isis in every engagement. charles: how come we're not giving them more help. i look at the picture and see the rubble that's kabani, and people that are standing there winning and why won't america help them more? >> that's the question i've been asked everywhere we've beenment we've been here over a week now and everyone asks the same question. where is america in standing up for military aid, for help with the refugees, baghdad is absolutely no help whatsoever for what's going on up here. everyone has said that. it's not a political statement,
it's reality on the ground militarily and from a humanitarian perspective. baghdad has given them nothing and it's difficult to give them aid through baghdad. almost nothing at that we send to baghdad makes its way to kurdistan. charles: colonel north, you talked about a generation of christians being killed, genocide of sorts. this continues to fall on deaf ears, i'm not sure how much the pope talked about it. why isn't this resonating? why can we sit back and watch christians being slaughtered to this degree? >> i think we've got an administration in washington turning a blind eye on this. not until the full scale skew that they've done toward tehran. a shia government. tehran, a shia government and damascus, the russians there. what we're doing is ignoring the catastrophe for the kurds. and i look at the global
missions, samaritan's purse and a number of ngo's from europe that are doing help. nothing from kurdistan and officially the u.s. government trying to wash any help they get through the united nations. over $4 billion of american tax dollars have gone to support this, yet, the evidence of that out there is very, very slim. charles: please be safe. you're known for this kind of work and put yourself out there and you bring back the truth and americans need to hear it. we appreciate it, and look forward to more updates. >> charles, great to be with you. charles: loretta lynch putting on the kid gloves. she says we can no longer use the term juvenile delinquent. and tweet us, facebook us what you think is a good alternative. and in new york city, mayor bill deblasio, homelessness, a lot of people don't feel safe in the city. what's going on, where he's gone wrong, more varney coming up.
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attorney general loretta lynch. now to be called justice involved youth. it's a mouthful, and a former new york city police detective. sorry about that. your thoughts. >> are you choking on it that much? [laughter] >> sorry about that. >> no worries, sir, no worries. charles: this is crazy. >> it's a joke. it's a joke. you grew up in new york as a kid, i grew up in new york as a kid, i'm a little bit older than than you. it's like the total loss of common sense. what they say about history, if you forget it, it's going to repeat itself. what's happening in new york is a sin. i am an a civic president of my community. homelessness and crime on the rise. charles: before we get to new york, sorry, let me just-- >> i know-- >> you mentioned the homeless issue, bill deblasio, i mean, we're seeing a story basically he was walking around and
standing in front of the podium and they were saying we're getting reports that homelessness is rising in the city, he was denying it, the news reports aren't correct. now the post is exposing him, rightly so, saying he was actually lying to us, he knew that the homelessness population was growing, 60,000 in 2014, the latest count. in front of the microphone lying about it. i'm sure the police department isn't happy about it. >> the quick story. media representative from deblasio's island and j. lo. was on the beach. and we're in a beach and city island. no one wants to go to the park because there's a homeless guy there. i don't want to talk about j. lo. i want to talk about him. what does the guy do, defecates in front of us. the cops come and can't do anything about it, didn't see him do it. that's the state literally going into the crapper. charles: back to loretta lynch, this administration really has
been focused on the idea that we should be soft on felons and somehow, i don't get this guy. that somehow we as a society are too mean spirited when it comes to felons, juvenile delinquents and people making mistake. president obama himself continues to say why should people pay a price? you shouldn't ask if they have a criminal record when they file for jobs? why are the criminals all of a sudden-- what the heck is going on. >> you're enraging me, it's the political class, what the political class is doing, they're speaking from their ivory towers, let the secret service take their test and not ask if anyone has been arrested and people to protect the family. loretta lynch is protected by an army of people with guns. charles: the bottom line, terror comes to fighting crime. if you can vote and jobs, and the more deterrents to committing crimes-- >> if there's no down side to
being a bad guy, why wouldn't more people want to be bad guys. you make a salient point. these people speak from their political class ivory towers: good guys shouldn't be at the butt of every joke from politicians liz: and reacting to police are toward them. how about people react to the term justin involved youth. >> i don't understand what it means, you're a delinquents, don't act like a delinquent and people won't be one. charles: people know when you're soft on crime. thank you, bim. we'll be right back. president obama and the russian jetliner is getting deeper and deeper, we'll get the details from colonel bill cowan when we come back. active management can tap global insights. active management can seek to outperform. that's the power of active management. but it is not the device mobithat is mobile,
russia stopping all flights to egypt. the mystery over the downed plane continued. a new study from cornell university says that junk food is not making you fat. "varney & company" hour to start right now. ♪ a narrow range. the dow all over the place. the jobs report at 271,000. significantly higher. i want you to take a look at disney. everyone thought it would be the weak spot and it is the strong spot. higher profits. look at that. a huge winner.
i cannot say the same for men's warehouse. the stock not looking too good. it is getting hammered. $2.22. that is your national average for regular. up every day this week. the fox business republican debate is all set. carly fiorina, jeb bush, rand paul, marco rubio, donald trump all qualified. you do not want to miss it. the action starts right here. 7:00 p.m. keep it on fox business. to the jobs report. 271,000 jobs. let's bring in austin.
another ridiculously weak number. a lot of people are saying that this is an anomaly. >> i do not overreact when it is low. i do not overreact when it is up. this is a sign that we will get numbers like this on a continuing basis. sometimes we are out and sometimes we're down. on average we grow modestly. it still feels to me like we are growing, but we are growing modestly. ashley: why is that? why have the jobs just not materialize like they typically do? >> now, that statement was true for the first three years of the recovery. now we are about average. i think the reason you did not
have a real who coming straight out of the recession was it was a popping bubble. you cannot go back to doing what you were doing before. it takes time to shift out of doing that. liz:'s 2005, we have had subpar growth below 3%. what is the macro picture here? what is going on? >> a tough transition. driven through i residential. spending more than the income they had. now we are trying to shift to more exports. more capital investment. nothing is giving us any boost from that. that is why we are slogging along. it is just not saying buster.
growing okay. ashley: so many people feel like they did not come out of the recession. democrats lost a lot under president obama. i want you to take a look at that, if you can. to republicans since 2009. thirteen democratic senate seats have been lost. $0.69 obamacare it a lot of people, including myself, pushing through obamacare. a lot of politicians on the democratic side were falling on their stories. they were giving up their careers to push this agenda. on obamacare, we will look back
and view that as a seminal moment and view it as a positive, not a negative. there is no denying the fact that you put up there. i do not think that it is that unusual that over the course of a two-year administration the other party gains what is happening. the differences between the presidential years in the off years. far more people voting in the presidential years and far more -- ashley: i understand. the point is, this was an amazing robust economy. people felt good about security, foreign-policy. it should be extended through some of these nonpresidential years. the type of turnover we have seen. >> i believe the same thing happened with ronald reagan after they had had a booming
economy. i think the same thing happened with bill clinton. let's wait until the next presidential election. not go off. right now you are going off the last midterm. it is true, they lost the midterm. the democrats lost the midterm. ashley: it is a tough one. again, if i am in a democratic apparatus, how does hillary run against a republican. >> i agree. that is a challenge. ashley: tanks a lot. always agree on jan appreciated. donald trump. take a listen. >> i think that it is just terrible. the new york posted a big story today that totally backfired. to have young kids teaching that kind of language is a total disgrace. people are going wild about it. they are saying we will now support trump.
>> a great interview with maria this morning. coming up in the leaven -- 11:00 a.m. our. liz: it comes on the heels of this outcry did some hispanic congressmen as well. there is a fear again that there may be a plan to put in the audience went trump hosts to shop on jan shout out the word racist. ashley: i interviewed a top economist last night. he had not seen the ad. he did not agree with it. liz: senator cruz will be on with trish. he is also appalled by it. ashley: whatever the point you are trying to make -- liz: hang on. what about when those kids grow up.
ashley: investigators say the downed jetliner had a bomb in the cargo hold. president obama also say that a bomb could be to blame. >> i think that there's a there is a possibility that there was a bomb on board. we are taking that very seriously. ashley: bill cowan is with us. it is pretty interesting. the president saying this quickly that it probably was a bomb. my question is, what are we going to do about it? it feels like we do nothing no matter what. what do you think that the administration will do? >> a possibility that there was a bomb. i think it is important that we remember possibility does not mean conclusive evidence. there is no way that isis would have shot that airplane down a pay first claim they did.
if it was a bomb, how does a bomb get on there. a passenger was asked to carry a cassette tape recorder and it had a bomb in it that brought down the aircraft back in 1988 he had in this particular case, for the most part, streaming of passengers getting on has been for the most part sophisticated. we do not know the streaming of luggage. unbeknownst to the person owning the luggage having it snuck in there -- ashley: egypt has been in upheaval. it will not be far-fetched to think that over the last couple years they have infiltrated that part of the system. i saw photographs the day before and the day after. it did not feel like there was any security the day before.
any number of ways that a bomb could have gotten into that cargo hold. >> absolutely. no question about it. tsa going out and re- modifying all the procedures. foreign airports, regarding luggage and passengers on airplanes coming to the united states, we have to -- i certainly, it you perhaps know that i travel internationally. i go through a lot at the security check points. it is amazing how some of the things can get through there without being caught. i think that they will step up to it. go over and inspect every one of those airports. make sure that procedures, systems, personnel involved are doing the kind of jobs that need to be done to ensure that americans are safe. ashley: thank you very much. appreciate it. we have some sad news of batman.
jo ling: the creator of the batmobile has died. the custom carmaker was 89 years old. no cause of death was given. on a lighter note, shoppers went absolutely crazy for h&m's new collection. it was sold out online and in stores across the globe. now the only place to get it is on ebay. $550 at the store. now available for $3000 on ebay. finally. a shatterproof phone. that is right. motorola is guaranteeing that the new screen will never crack or shatter for four years. five layers of protection. none of them are class. a friend of the "wall street journal" that tried to break it joins us.
ashley: that h&m video is what i tell people all the time. why do rich people get richer, because poor people cannot wait to give them their money. thanks a lot. jo ling: thanks, charles. charles: junk food does not make you fat. no, really. behind this filibuster empire. that is next. new rules coming to that airport near you. you may not be able to get onto a plane with just her drivers license alone. we have new details on all of this after the break. ♪
new rules for travelers are now coming very soon. you may not be able to get onto a plane with just a drivers license. cheryl, what is this all about? new york, minnesota, new hampshire and louisiana. a lot of the drivers licenses are not up to snuff. they imprint which is a big concern now. we will not get the flying public enough time to make sure it is the right id. if you have a passport, you can get through. >> i live in new jersey. if i take a flight out of laguardia, will i be a will to use a new jersey license? liz: 10 years in the making. four of the 9/11 hijackers got on with license.
here is the deal. a big debate breaking out on social media. will you force voters to use that to vote? what id do you need to vote? this is a big debate. >> we will see. i don't know. >> a lot of people will forget the first time around. no link between junk food and weight. 95% americans. that is good news for our next guest. congratulations on the new job title. you knew this all the time. [laughter] >> i don't know. you are probably going to gain some pounds. charles: they are great, but
they are huge. why are the portion so huge. >> famous for cinnamon rolls. we also have little mini ones and portable ones. >> do think that they are addictive? >> i think that they are disturbingly delicious. charles: you must be an exercise enthusiast. how many do you have a date? >> i invest my discretionary calories in things that are disturbingly delicious. when i am not being a little bad and indulging, i am being really good and eating incredibly healthy. charles: this earnings season. i thought they would do well with gas prices.
what are the issues right now for consumers? >> missing what has been reported. missing what is being projected. you have large companies reporting low single digits. that speaks to customer confidence. it speaks to competition in the marketplace. the market diverse fis revenue. charles: you are also worried about her likability did. >> absolutely. pretty conservative. i think she has experience to bring people together. boy does she have some issues to get people to trust him connect with her. charles: social issues above economic issues.
>> i do not know if you can say that. it would end up creating more social issues. >> especially what is happening right now with isis and the plane. first lady. senator and secretary of state. >> i am not sure, i would break about being in charge of foreign policy. the middle east is on fire. we loss control there. our partners do not trust us. china is not afraid of us. russia is not afraid of us. >> she has to bring her real self forward. do not know her personally, but a lot of crew in her camp. >> maybe morrison abundance. earlier this week, a talk with
the star wars fan. terminal cancer. his final wish was to see the new movie before he died in disney made that miracle happened. after this. stuart: do you not expect to live after the official release of the movie after december? >> absolutely not. my estimated time to live was about one week ago. ♪
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get star wars fans excited. a new japanese trailer will lease today. showing brand-new footage of the movie. check it out. >> where do you come from? >> my family. charles: star wars the force awakens hits theaters december december 18. a star wars fan dying of terminal cancer had one more wish. he wanted to see the movie early. he had to. take a listen. liz: do not expect to live until the open show release of the movie in december? >> definitely not. my estimated time to live was about a week ago. i can feel myself getting worse.
liz: he got his wish. they made his final dream come true. amazingly typical disney way. >> the cast of the movie. jj abrams. the team from disney. it was not even agitated. he saw a rock cut. he had an amazing time. his lips are sealed. he did get it done. charles: hats off to anyone involved in that. releasing a new rap radio ad geared i do not think it is that bad. we have the expert belen neil himself. charlie kirk. we will see what he has to say.
more varney after this. >> policies will continue to raise their costs. they know students can pay in full. they can pay in full because federal government keeps on subsidizing their advancement into college. remember, big government policies that have created the student loan bubble in this country. ♪ i use what's already inside me to reach my goals. so i liked when my doctor told me i may reach my blood sugar and a1c goals by activating what's within me. with once-weekly trulicity. trulicity is not insulin. it helps activate my body to do what it's supposed to do release its own insulin. trulicity responds when my blood sugar rises. i take it once a week, and it works 24/7. it comes in an easy-to-use pen
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disney has so many things in the portfolio right now. espn and its growth. up 10%. mlb. mba. they will continue to grow. cannot leave espn out of any cable tactics. new resorts coming in shanghai. of course, you have done a lot of this coverage already. they will kill merchandising as well as box office. charles: they have the right management team in place. >> absolutely. the growth that we are looking for, also selling off 3% dividend. that is a good deal. charles: let's talk about cisco. you like cisco. >> you and i are technical guys. i really like the technical
setup your. it is just a cash cow giant. it keeps throwing off the cash. quarter over quarter. year over year. well over 20 quarters. it is just a good place to hang out and watch things go in that business. they will not grow fast, but a good place to put some good solid money. >> caterpillar is a name that you do not like. >> yes. it bounced 20% off the lows. i think people are going to be intensive. it is just the right thing to do. they reported last week. everyone expected. worse than they expected. it also guided lower. cat makes great equipment. they are a really well run
company. especially in china. i just want to caution people against trying to bottom fish. >> i think that it would be tough. real quick, rally, yes or no. >> i like it for a year end rally. the retail is the wrong place to look. a lot of good things still going on. >> thanks a lot. you have been rocking. speaking of rocking, the fox business republican debate. they include donald trump, ben carson, rubio, ted cruz, jeb bush, carly fiorina and rand paul. 7:00 p.m. features chris christie, mike huckabee, bobby jindal and rick santorum.
you do not want to miss it. it starts right here on fox business. releasing a new radio ad. charlie kirk, do you think that the attack that will interest the millennial's? >> it is interesting. a good thing that doctor carson is starting to use. we had discussion about why the west should own an entire john grout of music. using a very popular genre and engage young people around the candidacy. you look at jay-z. you look at kanye west. they endorsed obama. they had a very positive implication for his candidacy. a little cheesy. a little corny. so what. charles: a luxury rap for years. you do not have to settle. you can dream of having a cheap.
jay-z, drake, rick ross he's the boss. i hear somebody talking about being super wealthy. super successful. i think that that is more of a conservative message these days. >> i agree. it is kind of funny. with rap music it is talking about getting a better life for your self. if you talk about an entire culture, they live in poverty so on and so forth. they're talking about having better lives. when we discussed this, it is important to remember they want to improve their livelihood. why should the left, why should progressives own? >> getting rid of the misogyny of violence. ronald reagan's alma mater.
now being accused -- what are your thoughts on that? >> we are very familiar with the story. we have a vibrant chapter there. ronald reagan's alma mater. just another example of left-wing. the titles and powers to try to block conservative organizations and groups on campus. college administrators are very tolerant of other people's opinions as long as you agree with them. >> yes. just another example of a place that you would think would honor their conservative heritage. i think it is wrong and disgraceful. charles: one last one, charlie. the student loan crisis and packs a majority of millennial's right now. you are calling it a game of lows. why?
>> it is. a popular spinoff of game of thrones. they were given out by the federal government. it is big government. not big business. it is a financially cataclysmic situation that young people are finding themselves in. it is not because of big business that people are getting into debt. it is not because of wall street bankers. unnatural market interactions and young people are getting that to go study things that do not matter. any equation for a generation that will be underwater. charles: outpacing inflation once again. i will not give you a loan for 100 grand to study.
>> getting government out of the student loan business completely. let's start with allowing young people first and foremost to select a three year degree. that would cut the cost right off the top. having a free market centered solution when looking at student loans would be very beneficial. not helping us taxpayers and it is not helping the students at all. charles: we appreciate it. we will see you again soon. time now for your sector report. >> getting some breaking news. first i want to show you this. look at the ticker right now. they are being bought by astra zeneca. a huge move her right now. and then there is another deal that is kind of cooking. one year chart, as you can see. a collaboration with this company.
a new oral diabetes treatment. both of those headlines. the stocks are all reacting right now. charles: oh, my goodness. ever since that hillary tweet they have been under a lot of pressure. the lawyer that try to take down the uber. they are not contractors. they better start treating them that way. you better check this out. a time lapse of a massive thunderstorm closing in on sydney. bringing with that golf ball size hail, strong wind and flooding. >> that is amazing. ♪ a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
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happy belated birthday. thanks. for all the confidence you need td ameritrade. you got this. total ♪ ♪ nicole: i am ♪ ♪ petallides with your fox business brief. the dow jones industrial average going into negative territory at. 17,843. a look at jobs reports. 271,000 jobs added. unemployment rate 5.0%. with that we see moves in the 10 year bond. getting a boost. thanks. deals go higher. jpmorgan going back. two winners gaining two, three, 4% roughly. a 10 year bond yield. 2.3%. a stronger dollar. men's warehouse. looking at a three year chart.
options including a potential sale or merger. the stock up over 4%. new york state attorney general launching an investigation. what is this all about? >> whether or not they misled or admitted information that they new behind-the-scenes. in other words, exxon mobil affecting rig count, oceans rising, that is what it indicates. we have never expressed information about climate change. academic research. suppression is one thing. what they will try to catch him on is that they admitted information in a public statement. they are doing it on each side. >> knowing that there was a
climate change issue. >> it was really tough. there is a low standard of proof here. i mean, dark pools or ponzi schemes, now we have the attorney general of new york. >> i think that it is a form of her assmann. uber drivers classifying full-time employees and not freelance contractors which they are right now. let's bring in shannon. how is the fight going? a vote in san francisco with airbnb. i noticed it was sort of similar. it's sort of seems like that would have some influence on the fight you are fighting for uber drivers. >> that is a different situation. both airbnb and cooper are so-called disruptors taking on more established traditional
industries. i am fighting on behalf of the trimers you are not getting the rights that we believe they should have. they are employees under the employment law. charles: that remains to be seen. as freelancers or contractors, they have their own car. that is the tool in question here. they have their own tool. they make their own hours. what would make them an employee? >> what uber is doing by making them pay for their own cars is they are shifting the burden onto the drivers. >> you are a soccer mom. you take the kids to soccer practice. they go to a hotel. make a few bucks and pick up the kids from soccer practice. >> well, that is not what the standard is for who is an employee there.
how much control does the company have over the workers. a lot of control over the drivers. it has the right to, it reserves the right to terminate for whatever reason. the mere fact that they have flexibility in their hours, that also does not make them an independent contractor. charles: why not? i control my own hours. in this case, you are saying my boss uber has control over me. >> you do not really call the shots. uber calls the shots. they decide how much they will get paid. a minimum rating you need to have in order to keep your job. 4.6. 4.7. the minimum rating. all people who are using a car they are ready had. investing in cars.
many of which are beyond what they could really afford. charles: they bought their own tools. they invested in their own tools. we get to fire them anytime we like if the job is not done. they are independent contractors. they are not independent employees. i think that the uber situation, the idea of someone punching the clock. >> yes. buying your own tools. that is one factor out of any factors. is this the kind of job that takes a whole lot of experience. it does not take any experience or training to be an uber driver. it is not the type of job that typically requires very specific supervision. they do supervise the drivers pretty closely. really hot but the question is, also, extended periods of time.
someone comes to work on your house, you hire them to do one job and you may never see them again. uber drivers, it is a continual relationship. they can set their own hours. allowing employees to have flexibility. someone who works on call at a hotel. >> we will be looking at this very closely. it has political implications. talking about the big economy with both political. it will be interesting to see where the courts decide on this. we appreciate you coming on. hopefully you can phyllis and later. >> okay. thank you. charles: cheryl casone. cheryl is going to show us how it was done.
>> cheryl casone car. a minicar.hi. [laughter] h. kelly. my name is raph. steve. my name is anne. tom. brian. krystal. and i am definitely not a robot. i'm one of the real live attorneys you can talk to through legalzoom. whether it's for your business or your personal life, don't let unanswered legal questions hold you up. because we're here. we're here, we're here, and we've got your back. legalzoom. legal help is here. (patrick 2) pretty great.ke to be the boss of you? (patrick 1) how about a 10% raise? (patrick 2) how about 20? (patrick 1) how about done? (patrick 2) that's the kind of control i like... ...and that's what they give me at national car rental. i can choose any car in the aisle i want- without having to ask anyone. who better to be the boss of you... (patrick 1)than me. i mean, you...us.
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becoming more accessible to the public. we have cheryl casone. she went to check it out. using 3d printing to make a very unique souvenir. trish: 3d body images of people. people like this, what do they do with these little figurines? >> people love them. they are really an emotional purchase. cheryl: how did you hear about getting a 3d printed doll of your self? >> we came to check it out. samantha just pastor here at the company. we are here to commemorate that. cheryl: what are my options? >> 4 inches here all the way up to 14 inches.
i feel like i am a good -- i feel like stuart would be a good diva. we will talk about that one next time. >> we have to figure out how you want to pose. trish: is there a bad place to pose? >> never a bad way to pose. if you're happy with that, i am happy with that. come on in. stand in the middle for me. look straight at this camera. exactly like that. all i will do now is count 321. >> three-two-one. all right. you are all set. let's check out the scan. here is your scan. all 54 images that was taken. he will tell us whether you like it or not.
cheryl: 54 images that you shot here. you use every image? >> every single one. cheryl: it is going to be the samantha barbie. >> dreams do come true. it is amazing. >> that retail location is in new york city. yes, this is the cheryl casone doll. $110. really not that expensive. yes, for the holidays, you can have a very strange likeness for your self. two hours of "varney & company." here is what is coming up on our three. lots of outrage on the anti-trump had. calling mr. tremblay racist. even democrats do not like this at all.
we also have political researcher joining us at the top of the hour. cnn's andrea mitchell taking a cheap shot at work at rubio. fox news contributor has a fax to all of that at 1145. just three minutes away. s ♪ and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours.
. charles: stuart varney is out today, i'm in. a lot of big stories we're following today. 271,000 jobs were added in october. a lot more than expected. so far the market is not sure what to make of it. the dow crossing into the red in fact for the year earlier in the session. back and forth, a big day for the market. the obama administration putting more troops in the middle east to fight isis threats. i'm going to ask a former navy s.e.a.l. does he have faith in the obama administration to go after and defeat islamic terror? and check this out, the first shatter proof smartphone. what took them so long? wait for it.
blackberry could be making a comeback. hour three of varney starts right now. breaking news right now, according to the "wall street journal," the obama administration will reject the keystone pipeline. we've got tammy bruce and emac here. guys, i don't know that this is necessarily news per se you but an interesting time to come out. >> here are the facts. the multiple delays, hillary clinton was for the keystone pipeline in 2010, now on, poses it. the keystone pipeline will do nothing to affect climate change. we've got the iran deal that will bring just about the same amount of oil on a daily basis onto the markets. the pipeline builder transcanada sought approval in 2008, the president is expected
to cite the urgency of climbs change. we have multiple pipelines transsecting the united states and the kurds have their own pipeline. the debate continues to ramp up about keystone. >> justin trudeau, the new prime minister in canada asked for a delay to keep the door open. i think this may have just been kind of a punch and a pushback to say no, i'm in charge. clearly president obama is not in charge of much these days. this is one thing he's stopped. never wanted it. we don't need to pretend he's wanted it. and transcanada never indicated they wanted the door to close. in this case, obviously, the president has his own idea on it. charles: although, justin trudeau, his father was a prime minister in can cap, a progressive, looks up to president obama, many say he's a mini obama in many respects. i don't know about the political situation, there someone will say this is the right decision, amazing that climate change is being put
forth front and center as a decider for major economic policy. >> right, and i'll tell you this, this is a fact, and under this administration behind the scenes, serious debate whether or not keystone would have impacted climate change at all, they've gone back and forth on the issue, this comes ahead of the paris talks on global warming coming up. >> more trucks are being used. >> that's right. >> more activity. charles: let's not forget trains that derail, blow up, close in on towns. to your point tammy and emac, it's a specious argument and the rest of the argument coal uses around the world, we put our coal companies out of business, to convince third-world countries not to improve their economies, pay them a trillion dollars, you can't have a vibrant economy if you don't have the engine to fuel the economy. that's the bottom line. leftists won again, the environmentalists won again and a lot of american jobs lost. >> they ramped it up with hillary clinton citing climate
change refugees coming out of syria as well. a hotly political issue as well. charles: we'll get into hillary stuff later. interesting timing liking and not liking it. the latest attack on donald trump, there's an ad it features foul mouthed kids. here's a part of it, watch. >> you racist [ bleep ]. >> racist [ bleep ]. >> if you don't like our constitution and what it stands for, get the [ bleep ] out of my country. charles: donald trump appeared on mornings with melissa -- maria, i'm sorry. and responded to the ad, roll tape. >> i think it's just terrible and, in fact, the "new york post" did a big story today that that totally backfired. to have young kids using that language is a disgrace. and it's totally backfired and people are going wild about it and saying we're going to support trump. anybody that would do an ad like that is stupid. charles: lee carter is here
with us. lee, you look a look at the clip and tested approval among democrats, republicans and independents, right? what do you find? >> went through the floor. people were so outraged. you wouldn't believe the responses we got. independents and republicans were down in the 10s. the democrats some responded a little bit but never broke 40 on a scale of 100 two. things, how inappropriate to use children in this way and script them using vulgar, curse words and act inappropriate? number two, if you're try sog a let's have empathy, are those the children you want? that's one of the participants that we spoke to. you have to think it backfired. sure they're getting a lot of attention, not the attention you want. charles: some people are equating it to child abuse, it is unfortunate what they had the kids do. whoever is in control of this should be in hot water, i think. it's beyond the pale.
>> beyond, the words people use, vulgar, ashamed, i wanted to turn off the television. i feel sorry for the children. somebody should question their parents. all kinds of things and i think i don't know what they're trying to -- i understand the intention, and people said i might agree with the message but it totally blew up in their faces. charles: was it so bad that people who might have greed with the message before question the message? >> absolutely. people take another look at it. and it's really what are we trying to protect here? and so i don't think this did them any good. >> who's agreeing? have you found anyone who agreed? >> out of the 300 messages i got back, one. so you know what that is. it's a real fringe. charles: yeah, one out of 300, wow. lee carter, thank you so much. >> you bet. charles: talking about past violence in his life. watch this. >> a bunch of lies, attempting
to say that i'm lying about my history i think is pathetic. and i'm not proud of the fact that i had these rage episodes, but i am proud of the fact i was able to get over them. charles: questions continue to be -- to rise about the accuracy of the account. dr. ben carson responds to the questions, he did it on the telefile, roll tape. >> the media is ruthless, so you know, i would say to the people of america, do you think i'm a pathological liar like cnn does? or do you think i'm an honest person? and i'm going to leave that up to the american people to make the decision. charles: tammy bruce, what do you make of this whole thing? >> people's backgrounds matter, we're a combination who of we were. and he's an impressive man, dr. carson, the real answer is look, i've changed. this is what i think all americans, we all are working to become better people. we want the nation to become a better nation. having gone through this indicates that i understand what this process is.
not proud of what i've done but a lot of people, we've had the experience of change. at the same time, you want to go through and deal with the media. here's the situation -- >> wait, wait, wait. i don't think it's a mistake to bring these things up. the issue is being able to respond to them, move them properly. i think the background is important especially if it involves violence. >> here's what the story is. cnn is essentially saying nine friends -- no, no, nine friends, i'm looking at the story. nine friends, classmates and neighbors who grew up with carson were skeptical about stories of violence but do not know what happened closed doors. they're not saying they're lies. they're saying we didn't see them. they didn't see him as a violent child growing up. charles: the inference from now, the way it's questioned on the eve of the next presidential debate, where there are 5,000 things more important as a voter. >> none of the people cnn interviewed challenged ben carson directly.
none are saying he lied. they never saw him active. >> it's not whether he's changed or he was a violent person. the implication is you can't trust him, he's a liar. the american people, we don't trust legacy media. we know who not to trust. dr. carson has to make sure people understand through his background and what he stands for now who he is. that's up to him. charles: the idea is listen, a lot of people in this whole thing have evolved more recently than dr. carson from being a violent or potentially violent child, and so the idea is evolution of the candidates. >> the broad thing is politics turns into a witch-hunt. we don't have great candidates, who would want to run given what the media does to them. charles: you become part of the front-runners, i are a target. and i don't know, i think we have a limit how far back we go. when they were talking about
what mitt romney did in college, pulling up stuff. >> you are right, it becomes a witch-hunt, it makes the candidate stronger, whether a democrat or republican, being questioned this way makes you have to deal with a large public communication, because the world is not a friendly or fair place either. charles: he's getting his exercise right now. make sure you tune in next week. two rounds of republican presidential debates on fox business. first 7:00 p.m. eastern time, and second round at 9:00 p.m. eastern. also don't forget there will be a special hour long edition of "varney & co." on tuesday night, starting at 5:00 p.m. here's a look at the big board, all over the place, down 30, down 70, up 50. my next guest says we're long overdue for a fed rate hike. that's what the street grappling with here. key advisers, eddie gabor is with us.
the fed, earlier in the week, janet yellen says december is alive. the day the jobs report comes in significantly stronger than anticipated. so we have to pencil in a rate hike for december, right? >> yes, absolutely. i think we're well overdue for a rate hike. we feel as though the fed needs to get ahead of this thing because right now, they're doing more damage by not raising rates than keeping rates at 0%. the fact of the matter is normalization is good and believe they should have raised rates six months ago. charles: so why is wall street grappling with this. if the rate hike is based on the economy being able to take off or move along without any additional help, isn't that something that should be celebrated and reflected in the market? >> it should, the market always overacts and reactive. we shouldn't be concerned about how the market's going to react in one day or two day whether or not the fed moves. we need to be concerned how the market reacts six and 12 months
from now. a quarter-point rate hike which everyone is anticipating in the due should be deemed a positive thing, we're going to see bubbles form and right back into the problems we had in 2007. we don't want to see that. charles: eddie, thanks a lot. to your point, last jobs report we were down 300 points before making the amazing reversal to the upside. in the 9:00 a.m. hour, we hear from colonel oliver north. will more u.s. military troops on the ground turn the tide? we'll get a former navy s.e.a.l.'s reaction to that right after the break. awe believe active management can protect capital long term.
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will answer some of your questions and help you find the aarp medicare supplement plan that's right for you. . charles: take a look now, it's the calm perhaps before the storm. so far a narrow trading range for stocks. dow jones industrials entered into the red for the year. waffling back and forth. here's the breaking story
that's got everyone's attention. the "wall street journal" reporting that the obama administration will reject the keystone pipeline. we want to check shares, that's transcanada, the stock obviously taking a good hit, down 6% on the news. take a look at other oil stocks. some names. all of them lower on the news. exxon, chevron, bp, conoco, shell, all moving much lower. we are expecting the president to talk with secretary of state john kerry at 11:45. tammy, what do you think we're going to hear? >> hear an argument about why the keystone pipeline has to -- can't exist, that the priority over what is still a debatable dynamic which is man's contribution to global warming is the reason. it's an excuse. this, of course, is going to eliminate tens of thousands if not some estimates over 100,000 jobs. it's a remarkable position to take when you're dealing with the economy as it is right now, the world in such and
especially the oil producing world of the middle east in a difficult position, to eliminate the ability of canada and the united states to work together to really make both nations stronger is outrageous. but they will be sanctimonious. they will effectively be pointing fingers and explain why, of course, they're going to do more damage to the country. charles: bring in guy benson who's in washington, d.c. what do you make of the news and the timing of the news? >> part of the timing of the news is, a, it's not unexpected. they've been telegraphing they're going to reject this thing for years by dragging their feet. commissioned the studies that turned out hey, it's not too bad, not going to create the environmental havoc like they've been claiming and didn't like the results of their own study. this is a fait accompli. the timing has to do with the job numbers. look, unemployment is down, we don't need these jobs, which is an interesting position for any
politician to take, given the overall weakness of the economy, and i think it's especially ironic that when you talk to people who are opposed to the keystone pipeline, they say there are tens of thousands of construction jobs, temporary jobs, not permanent. aren't they the stimulus people? >> emac here. there's 2 1/2 million miles of pipeline in the country. this got politicized because it's cross the canadian border. hillary clinton said in 2010, we are inclined to approve the pipeline while she was secretary of state. >> bill clinton said this is something that ought to be approved. this was and should be on some level of project with bipartisan consensus, but this is a hyperpolitical, heavily ideological administration, they're going to pat themselves on the back, congratulate themselves for making the right decision for the environment when. their own studies showed that alternate ways of getting the fuel and moving it elsewhere
would be more environmental impactful. it's politics. charles: it is politics, i got to tell you, guy, we're watching china build man-made islands in the south china sea, they say there's 220 billion barrels of oil underneath there, and the rest of the world understands that their prosperity is going to come from the ability to fuel their economies. and this is going to be a major mistake for us. it already is. thanks a lot. we'll come back to you later. earlier i spoke with lieutenant colonel oliver north on the front lines in iraq. i want you to take a listen to this. >> i think what we've got is an administration in washington that has turned a blind eye to this, because not tilt, the full-scale skew that they've done toward tehran, a shia government. baghdad, a shia government, and now what's happening in damascus now that the russians are in there. what we're looking at is ignoring the catastrophe for the kurds.
charles: former navy s.e.a.l. carl higby is with us. how many troops on the ground do we need to defeat isis? >> a lot more than 50. 50 people can barely man and secure their own base. they're going to be burned out in 30 days. charles: how many do we need? we know 30-50 is an absurd number, particularly after the failures we've seen, if there is going to be success, we have to have a great ear oo we have to be more greatly involved. >> studies have shown you need one u.s. troop for every seven enemy fighters to be a successful force. they have between 30 and 50,000, we can't estimate. i think that we are going need thousands of troops, and we're going to resurge. we lost all the ground we fought so hard for. fallujah, baghdad is being taken over. we've lost all of the entire western region of iraq. it's going to take a massive surge to get that back. charles: and the bottom line
also is we can't get any true help from the so-called rebels and any one of the tribal leaders if we're advertising our -- we want to get out of, there in other words, they don't believe we'll be in there to help them, anyway. >> absolutely. this is liberalism at its best. obama ran on the fact we're going to pull out and end the war and the power vacuum was pulled by isis. we trained the rebels for ten years and they can't hold their own guns. charles: they retreated, sold uniforms, it's a shame. carl, appreciate all that you have done and fellow soldiers. breaking news, the obama administration is going to kill the keystone pipeline. a statement is expected from the president at 11:45. more varney next. the only way to get better is to challenge yourself,
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. charles: the breaking story happening this hour. the obama administration will reject the keystone pipeline. and at 11:45, we're expect a statement from president obama from the white house. no official topic yet, but we are guessing it's going to be about cancelling the pipeline. guys? >> yeah, you know, transcanada could reapply under a republican president. i'm not sure whether they would under hillary clinton.
that's the story. charles: and now this. burger chain shake shack out with huge sales, and no wonder, every time anybody passes one, there is a massive line out there. so we actually asked folks waiting for those burgers just what's so great about shake shack? watch this! ♪. >> why is it fortunate come to shake shack versus another fast food? >> i heard it's only comparable to in-and-out on the west coast. i have to compare it to in-and-out. >> why did you come here? >> the potato bun is incredible, and the shake sauce, whatever that is, it's really good. >> i give it an 8 out of 10. >> why did you invest in it?
>> i invest in stocks that i enjoy, and i could eat shake shack every day without getting tired of it. >> we come here for the famous burgers. >> how long have you waited. what's the most you waited? >> my goodness, over an hour. >> it's worth it? >> every bite, every bite, yeah. charles: that is fanaticism. all right, tammy, are you a shake shack fan? >> if i was eating that way these days, i would. i was approached by tourists in times square saying literally saying we've got kids, where can we go that all of us can enjoy? it was two blocks away, go to shake shack, something the adults can enjoy, you have the lemonade, the shakes and they were thrilled with it, and it is popular, and a fun thing and it's right there. charles: shake shack, giving up the gains they had overnight. $51 a share. breaking news, the obama
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us. robert, a lot of people not necessarily surprised but the timing is peculiar here. what do you make of it? >> charles i feel like captain in the movie casablanca. shocked, shocked that the obama administration is rejecting keystone xl. they already rejected it, this move is a formality by rejecting it for years, they rejected it now. this is a political move that obama gets to claim in advance of the paris climate talks that begin on the 30th of this month that he's taking significant action. charles: so in other words, to quote the white house, the urgency of climate change, he puts that in his back pocket and tries to force the rest of the world leaders to make other sacrifices? >> charles, claiming that blocking keystone xl is going to save the climate is trying to make diet work by shooting the pizza delivery guy. it's not going to work. the reality is, one, that this -- these oil stands are getting to market.
north dakota added a million barrels a day of real term capacity, canada added 1.1 million barrels of rail terminal capacity. keystone is designed to have 800,000 barrels. it's increased the move of oil by rail. charles: here's the interesting thing, the white house shifting argument that this is a low job producer, a handful of temporary jobs, doesn't benefit american oil. to climbed change makes me worry we've got another year under president obama, and if the urgency to climate change is the main driver of policy, that can impact a whole lot of other industries. >> of course, charles, what we're seeing already is the obama administration is planning to use executive orders. they're using the environmental protection agency to enforce a lot of what are, in fact, taxes on carbon emissions. but you know what's interesting, if you put this into, in perspective, look at a may report that came out from the environmental working
group, which is hardly a creature of the right. they said that by using corn ethanol in our gasoline, i'm quoting now has been worse for the climate than projected emissions from the controversial keystone pipeline. if obama is serious about climate change, why isn't he stopping the use of corn ethanol in the gasoline, and instead of using this pipeline as a political example. charles: i think because someone's got to win iowa. we know it's politicized and not even a proverbial drop in the bucket with respect to the global impact on the climate from man made fossil fuels. robert, we appreciate it. i want to go to andy the ceo of restaurants in california. >> everybody makes decisions based on politics, not on economics. nothing has helped this country
more economically than the oil production domestically particularly in north dakota, and nothing has helped the working poor and low income americans more than the reduction of price of gasoline at the pump. this would have reduced the transportation costs for oil. when you reduce transportation costs, you reduce costs at the pump. this administration is all about politics, all about whether they get elected, whether they can satisfy their base and not about economics, which is why we have 1.5% gdp growth in the third quarter. charles: amazing economic regulations and policy that see the average paycheck go down. at the very least you would think we would reward americans with cheaper fuel. boggles the mind how high his political importance the environmentalists come in this kind of thing. i want to ask but obamacare. it's the president's signature legislation, and the worst-case scenarios that we heard about, that we read about for a couple years are starting to come to
fruition. >> one thing that doesn't get discussed a lot is the commissioner of the internal revenue service came out in july and said 7.5 million people paid the penalty rather than buy insurance in the obamacare changes. 12 million people claimed an exception that they didn't have to buy insurance or pay the penalty. and 30 different exceptions, fairly easy to qualify for. you don't have to give backups. there are things that people probably claim who weren't entitled to them. that's 19.5 million people, they have to be lower, middle income americans who took affirmative action not to buy obamacare policy. how can you claim this was the affordable care act, making insurance affordable for middle class and working class americans when you've got almost 20 million people doing everything they cannot to buy the insurance? it was not a well-executed or well-thought-out piece of legislation. charles: the market is speaking and you wrote about this, a great piece in the "wall street
journal," i urge everyone to read and before i let you go, andy. this report that junk food does not cause people to be fat. did you write that? >> no, i didn't! [ laughter ]. but it makes for -- you eat too many carrots, you're going to get fat. if you watch what you eat, careful what you eat, you should be fine. two things, if you go to a fast-food restaurant, you can get healthy food? absolutely you can. we have turkey burgers, we have all-natural beef burgers, we have a variety of products, you can get low-carb, i try and cut down on carbs to keep my weight down, i think that works. the second part is can you eat a burger with a bun and stuff on it every once in a while? absolutely. have a great time. work out, have a balanced diet and watch wa you're lifestyle is. charles: you're living proof of it. carl thank you very much -- andy, i mean, carl's jr., in the back of my head. i guess we all had this,
fumble around with our phone, drop it, it cracks, it's in millions of pieces, cracked screens, everyone is worried about it. "wall street journal"'s tech columnist joanna is here, motorola says they have the answer with us, everybody with butter fingers, it happens, we're going to drop our cell phones. what's the answer? >> the answer was this motorola droid 2 before i smacked it with a baseball bat and killed it, but amazingly there's no cracked screen, right? so the big thing that motorola is saying they've invented the shatter proof screen. it's not made out of glass, couple layers of plastic. still a really nice screen, and i couldn't tell the difference. charles: in other words, all the great things in terms of resolution, watching movies on our phone, we need clarity. oo it doesn't interfere with that? >> no, no. the phone, i would love to show it to you, i completely killed the phone. charles: should they now put a
small asterisk. the screen would be great. >> don't take a baseball bat, if you are doing that, you have bigger problems than a cracked screen on the phone. all the phone makers fighting for the smallest, thinnest phones with the best processors, this is something people want. charles: in the meanwhile, remember blackberry. >> i remember it. charles: they're back with a product that people may actually want? >> i have been spending the last week and a half with this. it looks like a normal andrude phone and boom! >> voila! the keyboard. i needed little bitty fingers. >> it's a time machine. people want a keyboard, you see people with blackberries, i don't know anyone anymore with blackberries. i think this is a game-changer,
they finally went with android, they're not stopping the operating system but can you get access to all the apps you want. charles: thank you very much. "countdown to the closing bell" liz claman will be with the ceo of blackberry. liz is going to ask if the company can really, really make it here? liz claman, again, with the blackberry ceo at 3:00 p.m. eastern time. up next, another example of liberal bias and mainstream media, this time cnn. one senator didn't let them get away with it. we'll explain it all after the break. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam.
just another day at norfolk southern. jeb bushwe have to beave to be tthe world's leader.n. who's going to take care of the christians that are being eliminated in the middle east? who's going to take care of israel and support them - our greatest ally in the middle east? the united states has the capability of doing this, and it's in our economic and national security interest that we do it. i will be that kind of president and i hope you want that kind of president for our country going forward. announcer: right to rise usa is responsible for the content of this message. hand apparently, they also lovee stickers.ing. what's up with these things, victor? we decided to give ourselves stickers for each feature we release. we read about 10,000 suggestions a week to create features that as traders we'd want to use, like social signals, a tool that uses social media to help with research. 10,000 suggestions. who reads all those? he does. for all the confidence you need.
td ameritrade. you got this. . >> reporter: i'm nicole petallides with the fox business brief. dow jones industrial average right now down about 46 point, 17,817. the dow has gone back and forth positive-negative territory for the year 2015. the number to watch 17,823. the weekly winners, financials had already been doing well and after what we got with the monthly jobs report adding 271,000 jobs that gave a boost to financials and yields moved higher. fatter profit for banks. you can see jpmorgan, goldman sachs are the weekly winners. here's the 52-week lows now. looking at chipotle for example under pressure with food contamination, groupon, the outlook of the company. those are 52-week lows, profit gains from monster, stamps.com and dreamworks.
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she's been trying to find out what's happened to his missing wife kathleen. she has a special show on the fox news channel. now this, here's msnbc admission asking marco rubio's endorser senate steve dans about rubio's voting record. take a listen to this. >> that's an example of liberal media bias. take a look at president obama, joe biden, hillary clinton, john kerry, they were all senators who ran for president. they missed hundreds of votes, there's a double standard there. >> i will have to check the numbers, i don't think any of the people you cited, biden and hillary clinton and obama missed as many votes as marco rubio, and were not as outspoken about disliking the senate as much as he has. charles: we checked it out for her, over the same period of time, the respective
presidential races, president obama missed 80% of the votes. joe biden, 68%. john kerry missed 90% of the votes. hillary clinton 78% and marco rubio with a grand total of 34%. tammy bruce still here. what do you say? she didn't have facts or came in with an agenda or both? >> clearly this is what we've got. they've always had. this they have a narrative. find the information that supports the narrative. they don't bother to look elsewhere, it's too good to check. fact of the matter is harry reid called for marco rubio to resign. we don't recall him asking barack obama or hillary or kerry to resign. notice the patterning with the media. everyone is saying the same thing at the same time. and andrea mitchell moves out saying we have a senator who knew the details and what people have to do in general. i like real journalism. i want people to know who's not voting. i think that this is obviously inherently unfair and media
bias. >> i don't know how can you disagree with congressman or senator making -- when he has the facts, when you don't have the facts. >> that's right. >> when journalists become too emotionally involved and think they're experts, that's when you get into the danger zone. we should be adhering to honesty, integrity and trying to be fair and putting out facts. charles: this points to an agenda and why people have rejected the mainstream media, because i'm going to get this person. any time to your point, tammy, something sizzles up and the topic du jour, i want to seize on that and try my best to use it and perhaps embarrass someone i don't like. >> it has been working. the pushback is new, this is nice, they're used to people not pushing back because politicians are afraid to push back at the media. most people are realizing and perhaps we have donald trump to thank. you can speak your mind, defend yourself and that's what the american people want from our loichlt we want the truth.
we want everybody to have all the conversations, don't want anything shut down. when the media is going after you unfairly, there is no reason not to stand up for yourself. charles: the drive by media is the best way to describe it. breaking news right now, the obama administration will reject the keystone pipeline. you know this is all about politics. i guess you see right now we're waiting for the president to come speak. i guess the timing some people are wondering why now, emac? >> why now, a very strong jobs report. the keystone, clearly, whatever number you choose, it would create jobs. and the unions, watch for the president to see -- he probably won't mention how the unions are mad about this. certain construction unions are angry that the keystone will not get built. charles: we had a strong jobs number, mining and logging lost 4,000, construction was better than normal, but take 3g 1,000. manufacturing came in at a goose egg.
these are dirty fingernail kind of industries, and these are great paying jobs. these aren't burger flipping jobs. >> this is career jobs, a profession. not service industry. look, we still have more americans off of the work rolls than since 1977. so you could effectively have full employment, which we might get to because so many people have dropped out of dynamics. charles: breaking news from politico. the carson campaign admitting a factual fabrication, and emac, you've got the details. >> a political reporting that mr. carson's campaign, this is according to politico, admitted to politico that a central point of story was false and fabricated. that is his acceptance and -- application and acceptance to the u.s. military academy at west point. should be noted that mr. carson basically said in his book gifted hands when he was introduced to general william
westmoreland in 1969 after he just ended of command of forces in vietnam, that the two dined together and that meeting, according to ben carson, was followed by, quote, a full scholarship to the military academy. so west point has no record of ben carson applyinto it, much less being extended admission to it. according to the academy, there's a quote from the spokeswoman for west point that they too would have received the acceptance letters but have no records indicating that carson began the application. this is a bombshell. >> it is, and for many of the carson supporters heart breaking, but in is why we have the primary process. it is good this kind of information comes out now as opposed to the summer of next year. this is why questions are important. finding out the truth about candidates. it does not help us to look away or not find these things out. so this is important. it's part of the vetting that
we have in this process, and it's unfortunate to say the least. charles: definitely unfortunate, one of the main things that dr. carson had going for him was the trustworthiness. he crushed everybody with respect to trustworthiness, no doubt you have to expect him to come down on that, and this is a huge blow, a huge blow for his campaign. you wonder why they didn't get head of this sooner. >> it appears according to the story that when the campaign was presented with this evidence, that he did not attend west point, he admitted, the campaign admitted it was false. >> we've seen this happening, people know when we talk about issues of character, brian williams, hillary clinton fabricating aspects of her experiences, but we know dr. carson has had lively descriptions of what he believes goes on in society. that the pyramids were grain
silos or his prison comments and sexual abuse. so this i think was inevitable but it is again deeply unfortunate. charles: don't people say to not be honest is a whole different thing. i wouldn't blur those because i'm being judgmental on what somebody else believes. >> but there's a difference -- >> you tell someone you were accepted to west point and you weren't? >> now we've got donald trump tweeting this is no good. fabricating your military background is always bad for anybody. charles:. >> here's my point, there's objective facts with all of the things he's spoken about that he's not been truthful about or aware of the truth. so it speaks to how he's viewed his own world, life, objective reality and i'm grateful we're finding out about it now. charles: i think he said something wasn't true. he got caught out there, and he waited, and waited and it hit.
>> and especially are there more issues like this. charles: we were told by the trump campaign that something was going to come out on ben carson real soon about a week ago. maybe this was circulating behind the scenes. >> we know that trump and carson have been neck-and-neck, one of the many lies from ben carson. can you imagine this will be a big topic in the fox business debate coming up this tuesday. >> good point. that's going to be the exciting dynamic. only eight on the main stake. the question does become, if you're willing to lie in print something that can be checked, what else is there out there? you've got him ahead in iowa. these things may change. when we say it's early, things change all the time. charles: you don't necessarily get these blockbuster announcements all the time. it is a true bombshell, and also you talked about hillary,
a lot of people view hillary clinton as a liar, let's be honest about it, yet her approval rating and leads the polls among democrats by a wide margin. will we be saying a double standard among voters who say i like a hillary clinton but ben carson lied about west point? >> this is all about character. this is about the nature of the person who we can trust. we see that all the time. this is why his favorables are so high. the fact of the matter is hillary clinton, her stories change every week. this is a dynamic with dr. carson, see how he explains it. if he's able to and if he argues he's a different man now, which is part of his narrative. this may be something he can argue. charles: for viewers who may be tuning in, you're saying dr. ben carson said in 1969 he met with general westmoreland. >> dined with him.
charles: and consequently invited to join the u.s. military. >> admitted. charles: he was actually admitted. >> and when presented with the facts at west point, no record of his admission, ben carson conceded it was a fabrication. this is so tempting for politicians to boost their military experiences or the bona fides in the resume there. richard blumenthal said he served in vietnam and didn't. we have a long history, a long string of politicians who have tried to do. this some have not fared well, some have survived. we have to see if ben carson survives this. >> my point about his comment. this is not from a book last year. 20 years ago. you have a thing where he can perhaps explain it. he does have an interesting background and the way he's grown as an individual. i think he said when he was 17 this happened. and point is exactly right, liz, we have a field who has lindsey graham, not going to be
in the debate but perry and graham had only worn the uniform for this nation and americans are concerned about that when it comes to the commander in chief. charles: we had donald trump on earlier with maria he's the most militaristic person on the fox business channel. it is interesting. the president should be up in two minutes. want to let everyone know. we should note, interesting, i would love to see someone accomplished in the military run for elective, higher office. we may get to the point we need to considering all the points -- >> people have talked about. that people in law enforcement, wesley clark, mr. petraeus, that is up for debate as well. charles: we're going to take a listen to ben carson sound bite here on this topic. >> i would say to the people of america, do you think i'm a pathological liar like cnn does? charles: all right. tammy? >> look. this is again, it is 20, maybe
25 years old, but if this is one thing, if that's what you're inclined to put into writing while you're obviously a gifted and important neurosurgeon and felt compelled to create that kind of fabrication, what else has occurred in the next 20 years. charles: you're saying there's going to be question marks and dark clouds for a lot of people with regard to his resume and anything else he says. >> unless he is able, because she trusted, unless he's able to explain it, i don't think this will likely not be the only example. charles: all right, and i just got to tell you, i don't know why his campaign didn't come out beforehand. i think they could have nipped this in the bud. a big issue, another bombshell. keystone pipeline, the president officially killing it right now. he's going to speak in a few minutes. what do you make of this? the timing of it. he's going to ask the rest of the world to make major decisions on climate change. this, the number one driver of policy from the white house scares the heck out of me.
>> it's symbolic, he said he made it clear, we've got the trans-pacific partnership, the tpp suddenly came out. 30 chapters. 50,000 words. people are still going through that. seems like it might be an interesting distraction for the president to put out there. but the unions don't like the tpp. they don't like this, and none of the media i see is focusing on what the unions have said and the impact on jobs. charles: here we go, you see president obama right now. president obama: good morning, everybody. several years ago, the state department began a review process for the proposed construction of a pipeline that would carry canadian crude oil to our heartland to ports in the gulf of mexico and out into the world market. this morning secretary kerry informed me that after extensive public outreach and consultation with other cabinet agencies, the state department decided that the keystone xl pipeline would not serve the
national interests of the united states. i agree with that decision. this morning i also had the opportunity to speak with prime minister trudeau of canada and while he expressed his disappointment, given canada's position on this issue, we both agree that our close friendship on a whole range of issues, including energy and climate change, should provide the basis for even closer coordination between our countries going forward. and in the coming weeks, senior members of my team will be engaging with theirs in order to help deepen that cooperation. now for years, the keystone pipeline has occupied what i frankly consider an overinflated role in our political discourse. it became a symbol too often used as a campaign cajole by both parties rather than a serious policy matter, and all obscured by the fact that this pipeline would neither be a silver bullet for the economy,
as was promised by some, nor the express lane to climate disaster proclaimed by others. to illustrate this, let me briefly comment why the state department rejected this pipeline. first, the pipeline would not make a meaningful long-term contribution to our economy. so if congress is serious about wanting to create jobs, this was not the way to do it. they want to do it. what we should be doing is passing a bipartisan infrastructure plan that in the short term could create more than 30 times as many jobs per year as the pipeline would, and in the long run would benefit our economy and workers for decades to come. our business has created 268,000 jobs last month. they created 13.5 million jobs