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tv   Varney Company  FOX Business  May 24, 2016 9:00am-12:01pm EDT

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goes now to do it, then she didn't know how to do it? >> and good at math? don: and thanks for joining us, "varney & company," stuart over to you. stuart: thank you very much indeed. is anything off the table in this election? are there any no-go areas? no, there are not. good morning, everyone. kathleen willy, juanita broderick, monica lewinsky, names and voices from bill clinton's past now used in a trump ad against hillary. nothing off limits. in response, hillary will have ads featuring trump's bankruptcies. the bernie versus hillary that goes on. she says no to a debate in california.
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and the government found a scapegoat. the ahead of tsa security reassigned. the head of the veterans administration say they don't check wait times at disney, why should we at va. best buy, a big hit coming to the stock. sex, money, politics, what else do you want? "varney & company" is about to begin. ♪ oh, yes, we do call it the retail ice age. big named stores clearly struggling, some them at least. the shopping mall, you can say that's threatened. the best one on-line is best buy. >> the quarterly results beat expectations, good news, but the guidance was incredibly weak for the next quarter. that's hurting the stock right
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now. strong areas where home theater stuff we appreciated with best buy. appliances and mobile phones and tablets, stock up 8 1/2% since the beginning of the year and it's going to get clobbered today because of that weak outlook. you know, is this on-line sales hurting best buy? >> yes, a little. but certainly they say the first quarter is the weakest of the year. stuart: another retail casualty. >> whatever the reason it's another one. like macy's and nordstrom and there's a whole slew of them. it's a trend. thanks, don't look now, but apple, yes, apple is slowly creeping back towards what, $100 a share? i think that's because they're gearing up for the iphone 7. >> yes, surprise, surprise, an iphone supplier over in taiwan is telling local media that, yes, apple has instructed it to start ramping up for more than expected iphone production. you've seen the shares get tanked by about 20% since the start of the year.
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is this apple again being ultra conservative and then you get a pop because surprise, surprise, here come the suppliers saying better than expected iphone seven sales. >> it's going to open around 97 this morning, i remember when you and i were talking a week ago and it dipped to 89. >> that's right, was that the floor, right? >> and at the moment, you can say that was the floor, 97 when it opens this morning. >> it does look like overall, we're going to get not a sharply higher open, but maybe a triple digit gain for the dow industrials. what would that be, 17, 18 minutes from now, up 97 at the current count. a lot of big names that we check for you every day and most of them are coming off the highs. netflix is going to open this morning, i'm not sure where, it closed yesterday at 94. that stock was at 133 in december. how about google. the close yesterday was 717. it was 810 in february, amazon closed below 700, it was what, 722, that was just a couple of
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weeks ago. and facebook, that closed at 115. it was at 121 a couple of weeks ago, and don't forget mcdonald's. 131 was the high and the question, all of the big names which hit highs a couple of weeks ago and now dropped. are they a buy at this point? we will ask when the market opens. that will be 26 minutes from now. we're going to update the story on the egyptair incident. we're getting very much conflicting reports now on whether or not the evidence points to an explosion. ashley, you've got to sort this out. ashley: too many cooks in the kitchen on this. egypt is leading this, and every day there's a statement that someone disagrees with. an examiner was quoted as saying the human remains were so small, that it must be an explosion. >> and another said you can't make that determined on what
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they've seen so far. and the greeks and the radar, this plane as they say made sharp turns, one to the left and one to the right. egypt says not true. our records show that it was going straight, disappeared 37,000 feet into the mediterranean, a lot of confusion. >> discontent the way that egyptians are running. >> there is concern they're not using gloves to handle the debris. that it's put on surfaces that could be contaminating. stuart: confusion. ashley, thank you. hillary clinton has declined an invitation to a proposed fox news debate in california. the debate that bernie sanders tentatively agreed to attend last week. tamara holder is here, from a strategic point of view, do you think that's good policy, say no to a debate in california? >> no, i don't. i think that she's getting beaten up by bernie sanders,
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she's getting beaten up by donald trump and beaten up in the media and to say no to a debate where you could potentially have millions of viewers or you would have millions of viewers, to give your message, and show how you're different. also, bernie sander has such a ground swell of support and this grass roots movement that the same kind of movement that donald trump had. people are angered and this shows how she's in this establishment person who wants to play by her own rules and do what she wants to do. stuart: is she afraid of bernie sanders in a straight forward debate? is she afraid of him? >> i don't know if she's afraid of him. i think she's maybe afraid of a fox news audience, being a left leaning person who works for fox news, i deal with being exposed to a conservative audience. stuart: people like me. [laughter] >> could you imagine poor hillary, how you and all of your viewers and all of sean
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hannity's viewers and all of these crazy conservatives watching her and beating her up every day. stuart: and the same for bernie, a socialist. >> but-- >> hold on, another one for you. donald trump, as you know, he's taken a shot at bill clinton's history with women. it's a new campaign ad. watch this. >> very nervous. >> no woman should be subjected to it. >> it was an assault. >> i tried to pull away from him. [laughter] >> now, you've got a look on your face that suggests you don't approve of this. is that correct? you don't approve? >> i think that donald trump is just-- i'm not going to call him a pig, i will call him a hog, who likes to roll around in the mud and roll around and just be dirty and dirty politics. stuart: do you think it's effective? >> i don't think it's effective.
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i think that it's bad politics. everybody knows about bill clinton's past with women. let's talk about the issues. how is he going to build this wall? how is he going to vet all of-- >> it's an attack ad, that's what it is. do you think it's effective? i think it is. >> it's her husband. stuart: she says she wants to bring bill back into the white house to run the economy. she raised the issue. let's not forget what he did last time he was there. >> at least she has somebody that she wants to bring into the white house. we don't know who donald trump wants. we don't know who wants to work for the guy. stuart: and bill is going to be running the economy? >>. >> it shrinks his role in the campaign. stuart: hillary a slamming donald trump on his business record. watch this. >> a lot of republicans themselves say donald trump is a disaster waiting to happen to america.
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trump economics is a recipe for lower wages, fewer jobs, more debt. he could bankrupt america like he's bankrupted his companies. i mean, ask yourself, how can anybody lose money running a casino, really? >> that's a good line. that's a good line. and jeff dewitt is here, he's a trump guy, runs his campaign out there in arizona. how do you respond to that, that attack on donald trump and his business practices? >> well, i know that hillary can never understand how a casino could lose money because that's where she believes the trees are that grow the free money. but if you look at new jersey, it wasn't just donald trump that pulled casinos out, it was it was every casino pulled out because of the politicians, and-- >> donald trump has some
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vulnerability for his past bankruptcisies, he has vulnerabilities because he has not released his tax return. he has vulnerabilities and hillary is going at them. do you have it has no impact whatsoever, that you can't lay a finger on this guy? >> no, i don't think so. we know he has a 10 billion dollar empire, even when they argue about it in the race, we think it's only 7 or 8 billion, but quite frankly, if it's got a b in front of it, a billion. we know he's successful and know he has trump resorts all over the world and doing well. when you look at somebody who is a major success, look, he's in the game. he's playing. tom brady doesn't throw a touchdown on every single pass. he has some interceptions, you know, sprinkled in. with some of the companies when the politics get too bad in onew jersey casinos, but at least he's in the game. to see somebody like hillary clinton who has lived off the taxpayer dime her entire life and never hired in a business
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or anybody, to criticize those people who get in the game and hire people and build the economy, i think it's despicable and she doesn't get it. it shows how out of touch she is, when she says having bill clinton come back and run the economy. stuart: jeff, i know you've gotten up very, very earlier to be with us this morning. thank you very much indeed, jeff dewitt. we'll be back with you later. back to egypt and the egyptair incident, a source says it's an explosion. egyptians say, not so. joining us is new york special investigator michael solomon. you said last week it was a bomb. what do you say now? >> i say it's definitely a catastrophic failure and leads to my belief-- >> wait a minute, michael, that's different. if you say-- >>s not really. stuart: a terrorist incident, if you say it's a catastrophic failure, that could be a mechanical failure of the plane and a total difference between
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one and the other. >> let me finish my remarks, stu, the catastrophic failure i'm looking at is probably something caused by an outside force which probably was a bomb or a sudden fire that had to start from some source. it's just too-- it's just too confusing to realize that these pilots didn't even have ten seconds to send out a radio signal that there was a problem. i mean, everything apparently was destroyed at once and it happened all at once, which would only indicate a sudden explosion. >> the only reason i say that, the history of that airplane is so stable over the years and something we have to look at. the problem is the most important thing, the thing that's paramount is recovering those victims and getting their loved ones back and reunited so they can-- >> wouldn't the black box. >> the black box is fine. stuart: what controls the black box, the egyptians who control
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it and look at it and take it to pieces? >> probably would be their aircraft people who run, apparently like our f.a.a. they have their own. stuart: michael-- >> if they, i would hope so, but, you know, the fact that the u.s. is involved and we've got the air force over there and the navy helping out. i think we could probably be involved when they find the box. we might find it first with our ships in the water to go down and pick it up. stuart: let's hope we do because-- >> that's where they are. michael, thank you for joining, um i'm sorry i'm leaving it short there. i've got to move on. breaking stories here. michael. >> no problem. stuart: i've got news on google, reports-- it's not going to affect the stock. ashley: no. stuart: we have the french investigators are raiding google's paris headquarters. tell me more. ashley: they showed up at 5 a.m. paris time. 100 investigators. they're upset. they want google to pay back,
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back taxes, is what they say, that they don't like the fact that they earned the profits in france, but their tax base is somewhere else, where the tax rate is that much lower. they believe they're owed more taxes. now, the u.k. paid them back about 160, 70 billion or million dollars in january to settle the same argument, but the french being very aggressive. they want 11.8 billion in back taxes from google because they say they do a lot-- >> there's a huge anti-trust probe from the eu, a seven-year probe. looking for 5% of the cash pile. >> going up this morning. >> and it's a nonmarket event is right. to the futures market, please, where will we open in 60 minutes' time? we're going to be up about 90 odd points, okay? check the discount shoe store, it's got dsw. oh, weak sales.
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retail ice age, here you go. they cut their forecast and the stock is going to be down and try to do the math here, roughly 7 or 8%, i think, retail ice age, here we go. the top guy in the veterans administration, robert mcdonald comparing wait times at the va to wait times at disney theme parks, oh, boy, listen to this. >> what really counts is how does the veteran feel about their encounter with the va. when you go to disney do they measure the number of hours that you wait in line? what's important? what's important is what's your satisfaction with the experience. what i would like to move to eventually is that measure. stuart: why can't we have private enterprise do the va's job? he's taking heat for this. ashley: he should, comparing waiting time for veterans to get medical care to waiting for a ride at disneyland, paul ryan
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tweeted this out, this is not make believe, mr. secretary. veterans have died liz: people don't die waiting for space mountain. about 307,000 vets were waiting for care and many of them died. so, you know, to-- by the way, disney does monitor wait times and practices. stuart: that's the government liz: this is your single payer, bernie sanders model at play. stuart: how about this? a federal judge ordered ethics classes for justice department attorneys as punishment for being, quote, intentionally deceptive during litigation of president obama's executive immigration orders. judge napolitano is here. i think we understated it there. the federal judge slapped down the justice department and said, hey, you lawyers, you lied. you flat-out lied to me about immigration. that's how big this is. >> it's huge. they lied to him four times and what they lied about is whether or not the president's
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immigration orders had in fact been enforced before they were enjoined and-- >> wait a second, the president's executive order was don't deport those people. >> correct. the president's executive order was for 4 to 5 million parents of general or lawful residents. if they make an application and comply with the standards in the application, standards the president made up and the congress rejected, then they could become permanent lawful residents of the united states. so they're in court. the plaintiffs are 26 states. you might say what do the states care? the states care because if someone is a lawful resident of the united states the states have to provide a social safety net which they had not budgeted. 26 sued the federal government: they're in court and the judge says has this started yet? >> doj lawyers say, no. asked them again, has this program started? doj said no. the pra many has not started
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yet. guess what 100,000 people made application to the program and doj lawyers who made these misrepresentations to the judge knew about it. so now the issue is, what do you do? when you're a judge? the lawyers have lied to you, the lawyer's client is the president of the united states. what do you do? do you send them to an ethics class? or do you throw them out of your courtroom? remove them from the case and send them to the ethics prosecutors and let the ethics prosecutor decide whether or not these people should keep their licenses to practice law? the system of litigation in this country is based on trust. a lawyer, a plaintiff's lawyer, or a government lawyer makes a statement to a judge in a courtroom, the judge accepts it as valid, honest and truthful. the system will totally break down if lawyers lie and if government lawyers lie, they really assault the system. stuart: lying on behalf of the
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president of the united states of america, who would do anything and everything to keep the illegals in the country. that's the situation. >> that's the situation i'm in. now, stuart, this case is before the supreme court of the united states. any monday between now and the end of june, the supreme court is going to rule on this. right now, the president has been enjoined from enforcing and that's been upheld by the circuit court of appeals. that issue is before the supreme court, not the issue of lying. stuart: i want to see that ruling come down and hear from you. thank you, judge. >> you're welcome. stuart: another example of government failure. long lines at the airport. a fall guy who says head of security because of the lines has been reassigned. also, donald trump trying to win support from muslim voters, talking to the guy who runs the organization, muslims for trump. he's on the show. and we have some american history up for auction, jim craig, goalie from the 1980 olympic hockey team selling his gold medal and the american
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flag he draped himself in after the game. we've got them all onset later this hour. ♪ america, america ♪
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>> we are asking the question this morning, what about those
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stocks that hits all-time highs recently, but which have now backed off. is it time to buy? for example, alphabet, otherwise known as google, the high was $810 a share in february and it opens at 720 this morning. is that a buy? how about facebook? it will open this morning, 116. the high was 121, time to get back in. good questions to ask of the most popular stocks in america. tsa's head of security, kelly hogan out, he's taken the fall for the long lines at airports the past few weeks. tamara holder is still with us. i say this is an example of where the government doesn't do a very good job. there are lots of examples like that. granted we need government, but we want it to work efficiently and it can't. what do you say? >> i say that you're wrong. i say that the government-- >> all right. >> it's doing a good job. what is the purpose of tsa? to make sure that when we screen people who are entering into the airport and getting onto planes, don't have weapons with them.
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don't have bombs with them. and they've done tsa and homeland security has done a great job. stuart: wait, wait, i'm sorry, but they have not. they've failed in 95% of the time when fake guns were trying to get through. they can't catch them. >> i agree. stuart: you cannot say they're doing a good job if you've got thousands of people who missed their flights because of long lines at tsa. you can't say they're doing a good job. >> i am saying it, i'm saying they're doing a good job. here is the thing. those are fake-- listen, the guy should be out of his job, $9 $90,000, spread t in $10,000 increments, some kind of shady deal going on, they say. the long lines are part of it. and the tests were failed 9 t the-- 95% out of 70 tests failed, but we've had no terrorist attacks on our plane because of our security. stuart: an unreconstructed collectivist, there is she is.
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we love you on the show. >> thank you. stuart: moments away from the opening bell and best buy, that's the stock to watch. could it be the latest victim of the retail ice age. down 7 or 8%. speaking of that, sports authority closing all its stores, everything must go. who wins when they lose? opening bell moments away. there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be.
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>> i'm sorry, i'm laughing at a private joke. the opening bell, three seconds to the beginning of trading and we're going to go up 80 or 90, maybe 100 points. we're up 33 points. joining us ashley webster, elizabeth macdonald, todd horowitz and michael murphy. i want to start with the stock, best buy, it's down. we call this the reail ice age. they didn't come through with very good numbers. 5% in the early going, 31. mike murphy is this a retail ice age problem that people are not buying in the stores or is this an apple problem? because they have apple stores within best buy, don't they? >> i don't think it's an apple problem at all, stuart, this is a change in the way people shop. people are no longer walking into stores to buy things.
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if you dig deeper into best buy's numbers, their on-line sales were up 24%. so people aren't walking into best buy and spending money or ordering, but they're doing it on-line. technology is changing the way that people shop. i don't think they have the ability to go up against amazon. i think that amazon has cornered the market. ashley: the show-rooming thing that liz and i were talking about. they look on-line and go in and see it and then go back on-line. stuart: if you order it, for example, you can have the geek squad come out and install it for you. i know it. if you order it on-line, no geek squad, do it yourself liz: there's still an upside to go to best buy. stuart: the dow is up more than 100, now we're at 105, very close to 17, 600.
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i want to go back to apple, we're told they're gearing up for apple 7. would you buy apple under $100 when you can. >> i said two weeks ago, i wanted to buy it under 90. i missed it. i would wait for a pullback, but long-term i think the story for apple, if you want a solid company that is trading relatively inexpensive, 11, 12 times earnings liz: watch the bullish signal for apple. a applied materials that is used for the iphone 7 display screen. that's more orders for what they're doing for apple in a year. and it's a massive bump up in what applied materials ordered. stuart: you think that's a big plus for apple, that's what you're saying? that should be a positive liz: that the orders are coming in stronger than expected. stuart: i don't want to throw cold water over this. let's go back to the retail ice
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age, shall we? sports authority flat-out, done, over. ashley: a going out of about is sale, through august, 463 stores nationwide. this company admits that on-line competition was a key factor in its own demise. ironically, sale of athletic equipment is on the rise, but competition is remarkably tough and sports authority did not keep up with the trends and on-line they got killed. stuart: they were killed on-line. any other reason? >> dick's sporting goods, it makes the shopping experience an event, it's got hot chocolate and coffee, kind of like target does with the starbucks. and dick's sporting goods makes it fun to shop there. stuart: do we have any comment from mike murphy? >> we do. i'll stick with the theme that the way people shop, technology is changing the way we live and shop and everything and that's what happened to sports authority. stuart: i think you're right.
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would you buy amazon or wal-mart? >> i would definitely not buy wal-mart. it's way behind the teams and amazon is expensive. >> we're not done with this theme, that's the retail ice age. dsw. they tell shoes. what's happening. nicole: they sell shoes, they'd like to sell more of them. they've had the soft quarter and slash the outlook, going forward it's a challenging environment, despite the fact that they bought an on-line company with high hopes for that. with that, the stock is down about 10% hitting a five-year low and the ceo says there's just less traffic they've accomplished on-line and that's the trend. you're doing the ice age and retail is having a hard time and we've seen bankruptcies from aeropostale and sports authority and that's the environment we are in overall. >> put up the big board. now we're up 128 points, now, i
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just want to go to todd in chicago on this. because i've got a theory as to why the dow is up so much. todd, come on in because i'm going to tell you my theory. i don't think that you can justify a rate increase in june or july, given what's happening to a down trending economy. i don't think you can get a rate increase in september because that's right before the election. in other words, there are factors at play which suggest you'll get no rate increase until november, maybe, or even later. that's why i think the stock market is up. what say you? >> good morning, stuart. i do not disagree with you whatsoever. i think that's probably a very valid point, that they can't really raise in this. it's hard to raise into a slowing economy. they did it once in september, but i think it's more rhetoric and more talk that they may do and what they did, they floated out a test balloon to see the market reaction. but the market is too smart for that.
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they realize they're probably not going to do anything until november, if they do anything this year at all. why be worried about it. the money remains cheap and keep buying equities. no place to go. i would agree with you, 100%. >> you see signs of a slowing economy and the dow goes up because you're not going to get a rate increase likely in june or july. that's my theory, and they often cover the big name companies and a lot of them are off the all-time highs. netflix, google, facebook, mcdonald's. mike murphy, would you buy any of those. >> i would buy facebook and netflix and as as far away from mcdonald's as i could. it's way too much for, but the core business, burgers, fries, no. stuart: and microsoft.
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>> a great company. stuart: somebody recommended them, they got an upgrade, and i think that stock is going to be up, 55, 56 high. wait for it. new video just coming in, french riot police, we'll show it to you later. i had a technical glitch. tell me what's going on with it. ashley: look, there's a big standoff between the major union and oil refiners and the dockers and the french government and today, the french government got sick of it because they're strangling the oil supply and running out of gas. it's stranding tourists and reports of u.k. tourists stuck for days and days and can't move, they don't have any gas to drive home. the government went in with tear gas, and water cannons to stop that blockage. and they're surrounded by strikers that won't let anyone in or out. stuart: todd horowitz do you
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have any comments on europe? >> it's about the money, these guys are wanting more money, they're tired of being broke, they're holding the oil hostage and making them work for it. i don't think they're going to win, you can see what's going on with the water cannons and the tear gas. listen, there's not enough money to go around anymore and the worldwide economy is not in good shape. they're going to hold the oil hostage and a pretty good choice. it slows on the city and everything and making an attempt at it. >> a skeptical mike murphy. what's with the face. >> todd's view is more pessimistic than mine. and we're going slow and steady. as we work through europe-- >> slow and steady? 1/2 point gain annualized in the first quarter? >> let's wait until we get the first year.
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we're growing at 1 to 2% growth rate. stuart: you have to wait for the full year to see whether we're growing. >> just like if one quarter-- >> if that was for nine months-- >> talk about an ice age. >> if you talk about a month, you'd wait for the full report. stuart: go ahead. you have the right to respond. go. >> why do we wait until 2020 to see if we get any growth? there's no true growth in the economy. you can say that and cite the numbers and the federal offices can't agree, one says 1.7, one 2.5, one says 2.2. nobody can figure it out because there isn't much and you're forcing every independent investors to go to one place, that's the stock market. we're not seeing any growth in the economy. stuart: the dow industrials are now up 152 points at 17,645. see, i was right
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liz: you were right. come on. how about facebook, it's reliance on news outlets to help determine trending topics. i don't understand this. explain. >> the senate was saying, hey, wait a he canned is-- second. you don't have trending news. now, facebook is responding, saying, yes, there could be isolated incidences where bias does creep in. so they're saying they're going to knock out use in the wall street journal or huffington post to validate what they're picking, but they have human cu curerators and they're risking their credibility just like any media outlet. stuart: itsilicon is left of center, just an opinion. now in france, police have
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raided google's paris office. ashley: 100 investigators showed up at 5 a.m. at the paris headquarters at google looking for documents. what this is about, what the french believe, google owes back taxes. 1.7 billion dollars worth. what they're upset about, google operating in france, making big profits and having their tax base somewhere elsewhere they're paying low rates by comparison. same thing happened in the u.k. google paid money, 170 million the beginning of the year. the french want a lot more than that. this is part of an ongoing attack, if you like, by eu regular let's on the big tech american companies. stuart: exactly. it's an attack. >> it is, lel they'll get them any which way they can. >> oil discovery of new sources of oil shrunk to a six decade low. todd horowitz, i think i know why. why do you have to go and look off shore or anyplace else when
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you can go at the shale reserves that you have in abundance. that's what's going on, isn't it? >> it's that simple, stuart. in the shale oil alone we've got 100 year supply. if you don't figure that out. we've got bigger problems than that. we've got over a hundred years of oil without going anywhere. why go off shore and look for it. there's no point do it. ashley: the industry as a whole say companies are focused on keeping theirs operating. it takes five to ten years to get those running liz: morgan stanley says we have two decades, 20 years of supply. stuart: all of that is locked up in shale deposit. go get it. >> the market is telling you what the price should be. the price of oil is too low so they're not going up to where the oil is expensive to drill off shore. free market.
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stuart: sometimes you're right, murphy. >> thank you. stuart: and the biggest automotive recall in american history just got a little bigger. toyota adding 1.6 million vehicles. this is the takata air bag. ashley: the front passenger side air bags, they have inflaters that can rupture. we know the story, send shrapnel around the car linked to 13 deaths, more than 100 injuries. the largest recall in u.s. auto history by far and it will affect models 2006 to 2011, but not all of them. stuart: look at the stocks, 100 a share, at least 120, 130, know the too long ago. would you buy it at 100? >> i would not. stuart: short, sharp, to the point. thank you for being part of the opening of the market this tuesday morning. let me check the big board. i think it's very close to the high of the day. now we're up 153 points and 17,646.
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higher profits and the home builder known as toll brothers, i'm sure the stock is moving. >> indeed it is. you have an up arrow, and the home builders, are higher, lennar, kb homes and the like. you have the ceo robert toll saying it's slow and steady and that we're seeing the gains in housing, low interest rates. and rising values, are what's happening and that's what's helping it. it's the third quarter in a row that they're seeing the this. this is why you see the up arrows across the board for the group. >> thank you very much. we'd like to check the best performers or the worst performers on the s&p 500. >> this is the worst performer, it's best buy, not good numbers coming out today. down 6%, almost $2 lower at 31. coffee beans are cheaper. and where are we going with this one? and folgers coffee maker, j.m. smucker to cut prices in the
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u.s. and i don't know what that's all about, but basically j.m. smucker, okay. up 93 cents. you've got that? all right. donald trump working with his team to court american muslims to support him in the general election. an american muslims for trump, that's the organization. welcome to the program. >> welcome, stuart, how? you run the organization. if you met with mr. trump to talk to him. >> yes, i met him and you forgot i'm part of the international coalition, organized, and we're part of the western corp., you forgot in my protection. i've met him several times. i've seen the thrill and excitement and we're looking forward to have him next president. stuart: yeah, this seems unusual to people, i mean, you look at donald trump and says, right, a temporary ban on
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muslims coming to america until we figure out who they are and what they want here and yet, you are a muslim backing him. how did you get over that, that temporary muslim ban that mr. trump has called for? >> let me explain first, you know, when he came up with this idea of banning muslims, there was a california issue going on. there was the crisis in canada planning to be a lot of refugees. american immigration had no process how to vet them, check who they are, what their intentions and objective is. they was talking about that. and secondly, like he has said several times, america first, is part of his foreign policy plan. as an american-muslim, safety of america and americans is part of my preference as well. stuart: when you go out and talk to your fellow muslims, american-muslims in america,
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what is their response to your message, hey, vote for donald trump. what's their response? they've got to be skeptical. >> frankly in the beginning they were shocked that i'm a muslim and i'm standing with donald trump. on the other side, they used to since the general election is coming, and since a lot of things are opening up, currently, let me tell you what is happening in the egyptian airplane, what is happening in france, look at what is happening in middle east or belgium. so, a lot of muslim-americans are joining us in the organization and coming behind th them. stuart: can you tell me how many muslims you have signed up for vote for donald trump? can you give me a number? >> in my organization, which we started in the primary we had close to 500 people in tri-state area and now we're planning to go national and go
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to 17 different states, having the representatives and a lot in fallujah. we expect mr. trump to come to one or two events at the same time. stuart: off the top of my head, i would have thought that come the general election donald trump would get maybe 2 or 3% of the muslim vote. i would imagine it's going to be very, very low. would you take me on that? would you say it's going to be much more than that? >> i definitely, i am confident he's going to get more of that. because these are currently the way they're doing it, the way our foreign policy is, the situation in syria and war-torn countries, afghanistan. muslims, we're thinking about safety and american-muslims is first priority at the same time. since he's the only one on the stage that can bring the economy back and jobs back and we are looking forward and muslims are rethinking about their approach at the same
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time, keeping in your mind american-- america first and american muslims, we're part of this fabric and looking forward to a safe american. and this is our priority at the same time. >> thank you very much for appearing with us today. we appreciate it. >> thank you. stuart, thank you for having me. stuart: we said we were going to show you this video. well, here it is. french riot police called in to break up a strike at an oil refinery. a little background, ash? >> yes, it's a standoff between a union of oil workers and dockers with francois hollande hollande's. and extending the week, and things that workers do not want a part of. >> the socialist president wants to make it easier to fire people and longer hours, too. the socialist president is suggesting that?
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>> who would have thunk it. [laughter] >> a misconduct hearing, making their case for the impeachment of the irs director. and the kicker, he has decided not to attend, says he doesn't have the time. ron paul on our failure of government next hour. the miracle on ice auction, jim craig auctions off his gold medal and the iconic american flag he wrapped himself in. we will have that. back in a moment. ♪ ♪ i need is a miracle, all i need is you ♪
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how about something else for you. breaking news on sumner redstone. he's appointed two new trustees to his trust. ashley: remember, two viacom executives were kicked off over this past weekend. now, we have a family friend on the trust and mr. redstone's oldest granddaughter, this is all about control of 80% of viacom and cbs the problem is, if mr. sumner basically loses his marbles or dies, who is in control of his vast empire. stuart: who is it? >> it's the daughter sherry redstone, positioning herself. stuart: that's it. we've got it. sherry redstone emerges as the person likely to control two very big companies. i've got something really, really cool for you. the gold medal winning goalie from the miracle on ice hockey team. i remember that game even though it's a long time ago, i was in america. jim craig is here and he's auctioning off his medal and
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the american flag, the one he draped himself in after the game. jim craig, it's an honor and pleasure to have you with us. >> thank you very much. stuart: as we were talking before we went on the air, all of us around the table says i remember that game and i remember where i was when it happened. it's truly iconic, isn't it? >> yeah, we win, it's a win for not only people in our country, but anybody who, you know, fought against communism. stuart: that's the flag. i'm not allowed to touch it, i understand. that is the flag itself. and how did you get that? you draped yourself in it after the game? >> the sports reporter did a whole series where the flag was. it's interesting, it was the love of a americn american, who brought the flag in with him and after the game was over, draped it over me? >> he was a spectator? he gave you his flag. >> how cool. >> it's not like an agent who planned it.
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it was an american. and the flag disappeared for a long time. it was at the closing ceremonies, went back, i thought i had a different flag and then it was donated back to me by peter years later. stuart: and the gold medal itself. that's the gold medal. >> it is. >> you must be sad to see it go. >> it was in sports museums, hockey hall of a fame and all of a sudden came back to us, it was at home and i had leyland's take a look at it and said, how can i split this in half with two kids, what can i do? and we are what kind of legacy could i leave? we hoped to sell it as a collection and somebody with money would have it and see it and it's up for auction and-- >> when it the auction? >> starts now and ends on the 17th of june. >> 17th of june. we wish you the best, a goalie. jim craig, everyone. thanks very much
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liz: hurray. stuart: and the dow is up 173, 4 points. we're back after this. ..
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stuart: it is 10:00 eastern time. we have the dow jones industrials up 172 points, 174 points. we have only been open half an hour but we have a solid drive on wall street. maybe this has to do with the federal reserve unlikely to raise rates, that is my theory. breaking news on the sale of new homes. ashley: coming get it 619,000, higher than all estimates. a very strong number. stuart: we must contrast this with sales of existing homes,
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this is a sale of brand-new homes on an annualized basis of $600,000 a year. i don't know much about this marketplace but it sound strong. ashley: they are trending over 300,000. liz: the median for existing, the fact that that is popping is a good sign. ashley: good news bad news, let's get new information for the fed to raise rates. keep an eye on that. stuart: it happened to the dow at this point. we are up 170 on the numbers, 168 at loans. i don't think -- a greater horse race. no impact on the markets. we have a couple retailers definitely playing into our retail ice age theme. best buy and the shoe discard chain. liz: both of them are down because they gave negative
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forecast numbers, sales not coming inasmuch as they would like. the shoe retailer buying an online shoe retailer, women are buying shoes on the internet, best buy under pressure, iphone sales not coming in, lower-than-expected, appliances sold there and the like. stuart: even i buy online these days. there you have it. i wonder if there will be a response from the retailer, down they go. i don't think so. i want to show you capitol hill. a live look from the house judiciary committee holding a misconduct hearing. they are going to make their case to impeach the commissioner of the irs, john koski and in, but he is not showing up. sitting next to me in new york -- he says he doesn't have time.
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>> doesn't have time, give him a break. he is treating it as not a big deal, the documents he was supposed to keep safe were destroyed. this is not being treated as seriously as it should be. this is a huge abuse and he is not showing up because he knows he is not treating it seriously. stuart: this is not a political thing. this is john koskinen, who did not hand over documents, emails and the rest of the stuff when he was supposed to, just refused. liz: there were 422 backup tapes destroyed, lois lerner tea party probe, 22,000 emails wiped out. we will never know what happened at the irs that he should be testifying. he is not showing up at his own impeachment hearing.
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extensive bullet point rebuttal. >> looking at all the things that didn't destroy, and something there. i want to get to the election itself. hillary clinton is not only playing the gender card on the campaign trail, do you remember this? >> being the first woman president would be quite a change. i won the iowa caucus, that is a tough gauntlet to run and a woman has never won it. i have hundreds of thousands of donors, most of them fall, for the first time a majority of my donors are women, 60%. they roll their eyes, when i or others say women's issues are american issues, but they just have to get used to it. fighting for women's healthcare and paid family leave and equal pay is playing the woman card then deal me in.
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stuart: we hear she is now ditching the gender card move because internal polling showed it wasn't working. >> we talk about trump's woman problem. more than one recent poll, and he is double. stuart: plus with men, negative. >> plus with women. stuart: i thought numerous women would vote for hillary because she is a woman, because they wanted to see a woman in the white house. >> i think also it has a lot to do with the fact that she is overusing it. we know she is a woman. and trying too hard like she is saying there really is no other reason to vote for me. talk about policy.
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talk about issues. you are a woman, got it, let's move on. stuart: i think it worked for older women. and it doesn't work with younger women. when donald trump brings up bill clinton's women and put their voices on an attack ad against hillary remind the younger generation what happened 20 or 30 years ago. >> especially since a lot of people of my generation, almost like a lot of people are hearing this the first time. it is annoying to talk about what a feminist she is. stuart: you wouldn't vote for her because she is a woman. >> absolutely not, not at all. stuart: stay right there. back to the big board, we are up 186 points. that is a rally. we are up 186, that is where we are.
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donald trump is planning to meet with 500 evangelicals, trying to win them over but already has our next guest. welcome, pastor mark burns was welcome to this program. when donald trump holds these meetings with evangelicals and you are an evangelical, what do you want to hear? i do not approve of abortion, i do not approve of gay marriage, i do not approve of assisted suicide. is that what you want from him? >> mister trump has stated several times in the past that he believes marriage is between man and woman. he also has stated he does not stand for abortion. he is an advocate and champion of our conservative views from day one since he launched his campaign. i met with him in september last
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year as champion for mister trump, standing for christian values and we need somebody in the white house. stuart: you want to clean-cut statement of that because he has altered his position on abortion, he has shifted his position and has been somewhat vague to what he believes in. i am asking again, you want clear-cut statement, no abortion, no gay marriage and no assisted suicide. is that what you want? >> as every believer we would love for our commander in chief to have a clear explanation where they personally stand but i don't think that is the issue. right now we have a sitting black christian president supposedly christian president who has released some of the most liberal laws in the history of the united states of america, the rhetoric of same-sex
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marriage, abortion, he has been extremely liberal. with the new transgender act, the creation of the gender, a man-made creation of a gender. mister trump made it clear, it is so important the state have a right to voice their opinions. what would matter in new york or california may be different in things like south carolina, north carolina, mississippi and the southern states. mister trump made clear his personal beliefs but also -- barack obama is supposedly a christian yet under his presidency some of the most liberal laws have been enacted upon conservatives and especially those in the republican party, christians alike. mister trump made it clear where he stands, stated over and over again we will have a friend in
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the white house. as christians he will fight for christians rights, he also agrees like many of us as conservatives and evangelicals that christianity is under attack, certain religious liberties have been taken away from us and when he gets to the white house he will make sure those liberties are returned back to us. i'm excited about this. stuart: thank you very much for being with us. give our best to your wife and five children. five or six. >> six children. of the when you are the only guy who can match me. thank you for joining us. now this. union protests in france turned violent, shutting down oil production. they object, the workers object to the socialist president trying to make it easier to fire people. full story coming up. donald trump targeting bill clinton's record with women in
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new attack ads to hear the voices of some of the bill clinton women. we are talking about it and from the trump campaign. three examples of what we call the failure of government. the head of three agencies, irs, tah s and va. if a denture were to be
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stuart: we are up 180 points, positive news on the sale of new homes at the 10:00 hour that has no impact on the market, still strong, up 184. look at google, their offices in paris have been rated. no impact on the stock, french are looking for more tax money, it is up $10 a share.
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how about twitter? a new low. liz: that stock is collapsing losing 80% of its value since january 2014, the lowest ipo price, too little too way, jack dorsey saying you are limited to 140 characters, people are frustrated because if you link to a news story that counts, the entire link counts toward 140. he says they won't count toward the 140 limit. people getting frustrated jumping out of twitter saying this is too annoying, to stay at that 140 limit and twitter has used, pew research found pew -- they read articles more than facebook, keeping people on twitter, jack dorsey needing to do that, race to the finish line. stuart: charge straight down for a company which mentioned
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everything. >> changing it, i am upset about that. stuart: look at this, fresh images from france, at oil refineries. give your background. ashley: the big one down in the south of france in marseille, a huge blockade, french police, water cannons, teargas and broke the line because it is leading to fuel shortages across the country, gas stations running out of gas, tourists getting stranded, they can't drive home, in france they have been stranded for days and days but can't get gas for their cars. this is about labor reforms. françois hollande's government says we need to reform labor, give the ability for companies to let people go, extend the working week. all of this bad news for the unions who say that is not on and essentially trying to put a stranglehold.
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stuart: we will take -- look at the headlines. impeachment hearings for the irs commissioner, the head of security, long airport security lines, veterans affairs secretary, long wait times for veterans care, lines at disney all connected by when i call the failure of government. joining us from texas, congressman ron paul. welcome to the show. this is right up your street. hold on a second. i am one of those guys who says i don't want much government but we need some. we could never get the element of government we need to work efficiently or in our favor. i think you will agree with that. >> i think you are teasing me. we can do without the irs or the
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tsa and the va and do a much better job. we lived without the irs for 135 years and only had the tsa for a short time. all it did was give us long lines. the va is in shambles because bureaucracy doesn't work. all these are proof bureaucratic management doesn't work. stuart: i hate to interrupt you because you are a well-known guy and i feel ill at ease interrupting you but i want to take you want about the tsa. no security going on those planes at all. is that what you want? no security going onto the planes? >> i want security. they haven't provided anything. they undermined the liberty of the american people and haven't been proven to have stopped any terrorist attacks. and would have better security, one major point, you have better security protecting people and
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property when it is private, not when a government bureaucracy runs. stuart: you would privatize tsa, have something different and have a private enterprise company run it. that is what you do? >> no. if you just hire a company that borders with corporatism, the responsibility of protecting property should be owners of the property, just add responsibility for you as a parent to protect you and your family and kids as yours, you can't have a policeman do it. if you are running an armored car to carry money back and forth, you don't have a government official to make sure it is secure. a chemical plant is always privatized and different so if you are running an airline, should be responsible for it. the government is in charge of security before 9/11. they allow the job they got rewarded by thinking they were much better and instead finding the bad guys, they said the american people must be involved because we will take away the freedom of the individual to
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undermine property rights and it hasn't worked. it led to this bankruptcy of ideas and bankruptcy of this country and a lot of argument going on because it rejected the notion of liberty, liberty solve these problems but bureaucracies do not. stuart: i am with you. i just worry. you know how it is. only 20 seconds. who will you vote for? will you tell me who you will vote for? the libertarian candidate? >> i more inclined to vote for the libertarian candidate. we don't know who that individual will be but i would rather see my vote means something. when you have two people like we have leading the democrats and the republicans the most interesting statistic is they have the highest negatives in the history of our election. what an impasse we are, bankrupt intellectually. i will not contribute to that. i will look to the libertarian candidate. stuart: thanks for being on the show. i didn't want to put you in the corner but i just worry.
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congressman ron paul, thank you for joining us. now this. you don't see this every day. pope francis embracing a muslim regarded as the highest authority in sunni islam. first time you have seen anything like this in 60 years. look at this. a death-defying stunned. this man or the man doing it is a sailing daredevil taking part in a race that will span the entire globe. he joins us later. what is he doing? we will figure that one out. next, school board getting rid of valedictorian. that is unhealthy they say. next. okay, ready?
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only from xfinity. stuart: check out viacom stock, the position within the company. liz: sherry redstone keeps control appointing a family friend to the trust, 80% of the shares, viacom and redstone -- stuart: short, to the point, up 3%. fresh liberal lunacy for you. the school board in north carolina cover voted to do away with naming vallas territory and. look who is still with us. and the valedictorian of the high school. whether these hippies or not,
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class ranking is a competition. and whether we call it that or not, why are we trying so hard to hide them from that reality? stuart: i can't answer your question. a mystery to me, no valedictorian -- >> don't do away with the ceo title in the business. >> you are competing all the time in life. stuart: how do you get to an exceptional country and america is an exceptional country if you cannot point out exceptional individuals. what is going on? >> that can't get something i don't get, that kid did better than you. that is just how it is. work harder. stuart: you were just lucky. >> all i did was homework. i did a lot of homework. i was also varsity trial team,
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not to brag. >> you were born in third-base. stuart: and a sharp rise, strong performance, and good news on the economy and the stock market. and and going online instead. donald trump would bankrupt the nation if he were the president. and trump would do better than hillary. and it ran boosting that it could blow up his real in minutes. we are still stuck with that he ran deal. and back in 3.
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check your broker with brokercheck. stuart: 200 points exactly, up for the dow jones, $199.97. at 10:00, interesting news on new-home sales. 600,000 new homes. charles: the biggest jump in 24 years. the market liked it. stuart: strength in housing up. best buy gave a weak outlook, dare we say again retail, that stock is the biggest loser of all the 500 on the s&p. back to the election and the economy. donald trump is the better choice for the guy to run the economy. professor of economics from the university of maryland, welcome,
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peter morici. make your case that donald trump is better for the economy than hillary clinton. >> hillary wants to extend economic regulation into paychecks and how businesses allocate capital and so forth, donald wants to take it the other way, he went lower taxes, less business regulation and to stop china from regulating trade with them. we see what obama is giving us in terms of growth, not much. trump is a lot like ronald reagan. stuart: can you deal with the issue of a trade war? a lot of people a lot of conservatives say you take the stand with china and you have a trade war. address that quickly. >> we are already in a trade war. that is why their exports to with her three times as likely. if we are hard on them and they respond, we lose three times as much. they are more vulnerable to a trade more than we are.
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trump is absolutely right when he says we have so much power over china. with all the campaign contributions, democrats collect, we from the chinese can never expect the likes of barack obama ever to come down on the chinese. stuart: the other side of the fence, hillary clinton says donald trump will bankrupt america like he bankrupted his companies. watch this. >> a lot of republicans themselves say donald trump is a disaster waiting to happen to america. trump economics is a recipe for lower wages, fewer jobs, more debt. he could bankrupt america like he bankrupted his companies. [applause] >> ask yourself, how can anybody lose money running a casino, really. stuart: how can anybody lose money running a casino? really. >> the bottom line is donald trump is a lot richer today than he was 25 years ago.
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and economics we measure success by the change in work. if we are going to run on a record, it was the plan all along for russia to be in the ukraine, isis to be in libya and terrorists to be walking down the street of san bernardino cutting down innocent americans. remember who was secretary of state as architect of that policy. response about the economy as she turned it over to her husband. he is a feminist? i guess i want to be involved in allocating things around spending money but in terms of earning it i will depend on my husband to do that. stuart: did you hear about angelina jolie? a visiting professor at the london school of economics, i graduated there. what do you make of it? >> there will be several like that. it tells me they won't be serious about its diploma. the first year and economics, you spend learning fundamentals, whether you are liberal or conservative.
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she can't teach those things. when you have people like that in prominent places and programs the students tend to gravitate towards them because it is kind of fun but they don't learn what they need to be competent professionals. forces me to question whether they have more fundamental problems in its leadership. stuart: celebrity academia may be attractive to some, but the reputation of the institution doesn't do that much good. >> we brought someone in like you to work in our journalism department, students could learn a great deal from you. likewise as donald trump lost, bring him into our entrepreneurship program. wonderful stuff, where they can help our students learn how they succeed and make sense but angela has nothing to teach economists. stuart: tenure off the bat, what do you say about that? >> very precious commodities. stuart: thanks for joining us. back to your money, look at
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apple up today, 97, gearing up for the iphone 7. >> last month apple had its worst sale and profit in a decade ever. iphone sales down, iphone sales for the iphone 7 could go up, suppliers in taiwan reporting orders for their supplies. stuart: an interesting article. ashley: is apple the next blackberry? back in 2007 the washington post, in 2007 blackberry, we call them crackberries. they missed the shift in consumer wants. the smart phone, the iphone, missed it completely. the argument is apple is in danger of doing the same thing. seeing a shift in what consumers want. the article says apple is not
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innovating as much as its competitors. it is looking a bit staid and the iphone isn't growing like it was. it is stuck. apple is nowhere near -- stuart: provocative headline. >> blackberry didn't have the cash files. stuart: total change of subject, the middle east, you ran taunting israel. claiming here and leveled that country and less than eight minutes. stephen is with the weekly standard, welcome to the program. we are still stuck with the a ran nuclear deal, threatening liberation to the israelis, what is going on here? we stopped there deal. >> you trace this to the origins of the deal with the obama administration, they started these negotiations by decoupling
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error on's behavior with nuclear negotiations, we are not concerned about what the iranians are doing and he ran and terrorism or what they do at all unless it relates to the nuclear negotiations and we are putting a box around nuclear negotiations. as we saw throughout the negotiations themselves iran stepped up, moved in syria, continued to taunt publicly. this is error on, and emboldened there and we are stuck with. stuart: nothing we can do with it. stuart: we can't rip up that agreement, we are stuck. i want to know what is hillary clinton's position? she had a significant role in the start of negotiations. >> if you read her book hard choices she details what she did to lay out the infrastructure for those negotiations. it is not just the obama administration has this deal and implementing a deal, with
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national public radio, could lead to an iranian bomb in a decade. to help you ran circumvent us sanctions. in europe last week working with european banks trying to let them know the iranians are open for business which sanctions are in place for a reason. the obama administration has helped iran move broad sectors of its economy and individual sanctions on the worst people involved with you ran's exporting of terror. this administration thinks the way to piece in the middle east is to strengthen he ran and there is no way to look at it. stuart: i think they handed victory to the iranians. they handed them a victory. they won in iraq. i don't want to get carried away with this but i'm exasperated
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and everyone else's too. >> i can hear your exasperation. stuart: any thinking american thinks this. thanks for joining us. we have conflicting reports on the egypt air incident, congressman peter king next on that. it's more than a network and the cloud. it's reliable uptime. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services - all with dedicated, responsive support. with centurylink as your trusted technology partner, you're free to focus on growing your business. centurylink. your link to what's next.
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ashley: the goalie for the hockey team putting his gold-medal on auction. take a look. stuart: that is the flag. i am not allowed to touch it. there is the flag it sells. how did you get that? draped yourself in it after the game? >> sports reporter did a whole series on where the flag was. interacting with american person who brought the flag in with them and after the flag was over and. stuart: he was a spectator. stuart: he gave you that? >> an agent who planned it. i have asthma... of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine,
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stuart: monsanto rejected the $62 billion of germany's the buyer. >> basically sweetness, $75 billion, the cash takeover, it already is. stuart: they want more money but there stock is up a bucket. >> watch buyer under pressure. stuart: they asked to provide
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more money, breaking news, and in new york city, he was arrested for supporting isis. ashley: this individual attempted to travel to the middle east in 2014, and what we thought was an isis supporter, and an undercover agent. stuart: peter king knows about security. thanks very much for joining us, this is breaking news, a man arrested, what do you make of this? >> this is another example how we can never let our guard down, and were inspired, lone wolves inspired by isis, a joint take down by the fbi and the nypd,
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people complain about why the nypd monitoring, and in certain communities, this is why. this guy tried twice before to get to syria, wasn't going to give up and others like this around almost a period basis. stuart: we are not worried about lone wolves being here, on the other hand we should be pleased, the authorities are on top of that kind of thing unveiling a population that is out risk and create these, 6 of one and half a dozen of the other but the arrest has been made and we should say this is good news from a security standpoint. >> and at the new york times,
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the risk in which we live today there are terrorists in the united states, they want to kill us. if we don't stop them they are going to be successful and kill us. thank god for the fbi and the nypd and joint terrorism task force. stuart: the other side of the fence, the political side, what they got too far with civil liberties and not allowing us to surveilled people or complaining when we do? >> absolutely. i support the nypd and what they did 100%. i consider myself a strong defender of the constitution. there was nothing wrong with surveillance or having undercover operatives. breaking into people's homes and illegal wiretaps, we are getting sources in a community and that was what was done with the mafia and any type of criminal organization which operates in the shadows was the only way to get that is to penetrate and
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penetrate by surveillance and getting sources, turning people around and getting undercover operatives in their. that is the way it is done. i do know many arrests they made and they stopped and had those plots succeeded we would have hundreds of dead new yorkers. stuart: would you pause for a second. stuart: accused of buying an undercover agent weapons, supplies, showing this undercover agent, isis videos, charged as a facilitator. very seriously. stuart: one last question if i may. a lot of people concerned about egypt air flight 804. we have conflicting reports of how this happened? was it a bomb? was a terrorism? was it mechanical failure? last week you thought it was terror. can you give us an update?
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>> i made the point of saying it was not conclusive but the indicators are terrorism, we should opt on the side of terrorism and work our way back, we know -- i want to make sure whether or not this is a terrorist attack in case others are planned, finding out how it was done into could be planning another attack but it may be mechanical failure, as i understand it, reports i have gotten, either way the evidence is inconclusive. bodies found that were burned, and hit the water. stuart: thank you for being with us. the dow is up 200 and we have a terror arrest, everything in a moment. ♪
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that is how big this is. judge napolitano: they lied to him four times, whether the president's immigration orders had indeed been enforced before they were enjoined. stuart: the president's executive order was don't deport these people. judge napolitano: the executive order was from 400 to 500 parents of american children or parents of lawful residents, if they make the occupation and comply to stand is in the application, standards the president made up in the congress rejected, there could be permanent lawful residents during the state. they are in court and plaintiffs are 26 states, what do states care? they do care because, states have to provide a social safety net. 26 of them sued the federal government. he asked them again, how has this program started yet?
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doj lawyers say twice more in written submissions. 100,000 people have made applications to the program and they made these misrepresentations to the to the judge knew about. the issue is what do they do? lawyers have lied for you, the lawyer's client is the president of the united states. what do you do? send them to an ethics class or throw them out of the courtroom. or remove them from the case, and an ethics prosecutor decide whether to keep their licenses, and the system of litigation in this country is based on trust. a plaintiff's lawyer or government lawyer makes a statement to a judge in a courtroom, the judge accepts it as valid, honest and truthful. totally breakdown if lawyers lie
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and government lawyers lie they really assault the system. stuart: on behalf of the president, the united states of america would do everything and anything to keep illegals in the country. judge napolitano: that is the situation we are in. the supreme court of the united states, any time between now and june, the president has been enjoined from enforcing, and the circuit court of appeals. that issue was before the supreme court's. stuart: i want to see that ruling come down. thank you, judge. ashley: we have more on the terror arrest in new york, a man from the bronx allegedly linked to isis. big market news and big terror news two minutes away.
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latest attack against hillary clinton. this one targets bill clinton's women. trump's national spokesperson, katrina pierson, is with us. is anything and remember when hillary promised to put bill in charge of revitalizing the economy? she even called him the first gentleman. what does bill think about all of this? we have the inside scoop what he is telling his friends. how about this? this is legendary sailor alex thompson doing what he calls the skywalk stunt. this is publicity. he's about to sail or about to rare to sail around the world in a competition. only 100 people have ever finished. look at that stunt. he's on the show. to the markets, please. yes, we do have a rally. dow up 208. i think that's the high point of the day. strong news on new home sales. we're selling more than 600,000 a year. okay, that's helping the overall market go up. but look at this, retail ice age.
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two companies, best buy and the discount shoe operation dsw, both of them way, way down. retail ice age. how about this? reports that monsanto has rejected the bid from bayer. monsanto's shares are moving higher. they want more money out of germany's bayer. we're following a breaking story as well. it is an isis-related arrest in new york. the latest. >> yeah. in the bronx early this morning, 5:30, at his home without incident. the man was taken into custody, he's accused of attempting to help a person who he thought was an isis supporter get to syria. he's also alleged to have twice attempted himself to travel to the middle east since 2014. he is accused of buying this undercover agent -- of course, he didn't know he was undercover -- supplies, showed him some isis videos. clearly a sympathizer, he is now in custody. stuart: judy miller is with us.
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this arrest shows the authorities are on top of it, but we've still got to worry. >> well, you always have to worry because isis has been very clear about its goal which is to strike us both at home and abroad. however, this does seem to be one of the things that the nypd and the fbi have been watching. we are well aware of these individuals who want to go to syria, and you have to remember that compared to the situation in europe where you have thousands going, we have had just a few hundred. stuart: whatever surveillance we're doing, apparently, works. >> right, it does. stuart: is that accurate? [laughter] >> absolutely. in this instance, yes. stuart: isis is calling for more attacks on the west determine ramadan, and now brazil's anti-terror chief has admitted there is, quote, a credible threat that isis will target the rio olympics. >> well, absolutely. you have lots of people from all over the world. what better way to make a splash. and i'm glad that the brazilians are finally speaking out about this, as if the zika virus were not enough to persuade you not
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to go. the preparations for the olympics are way behind schedule, and now you finally have the brazilian security official acknowledging that -- stuart: that's a good thing. >> it's a very good thing. stuart:9 right out there in the open say, yes, there is a credible threat. >> but this country's in political turmoil, so that doesn't give you confidence they've got a handle on it. >> it is, exactly. stuart: handle on the terror threat or the olympics generally? >> all of the above. stuart: i can't remember the olympics taking place with such a backdrop of chaos and problems. >> the entire south america continent is drifting off into -- it's really a very, very difficult situation. but i think they are still preparing for massive numbers of tourists, and that automatically makes them an isis target. stuart: ouch. ouch, is what i'm trying to say. that's the bad news. new this hour, fox news confirms up to 24 additional
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gitmo detainees are slated for transfer. in other words, getting out of gitmo this summer. what do you have on that, judy? >> well, this is very serious because we have president obama determined to implement this part of his legacy which is to close guantanamo. and if congress won't let him do it, he's going to empty it. we now have 80, and i have to say that although 28 people of these have been approved for transfer, these are some of the worst of the worst. stuart: they are? >> they are. and we had nine of them transferred to saudi arabia, and what is called a bulk transfer only a month ago, and ten transferred to oman before that. so we're now seeing a kind of massive clearing operation of gitmo. can saudi arabia and oman keep these people from reentering the fight? we have no assurance. stuart: the 24 that will be released, we don't know where they're going. >> no. they're going to six different countries -- stuart: oh, we know that? >> that's what's been reported but not yet confirmed. it is believed to be six different countries.
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the question i would ask is do these countries have programs to monitor -- >> no. stuart: well, yes. >> the answer is no. >> house speaker paul ryan just said in a statement that the white house misled congress saying that these detainees being released into these countries were going to be, basically, monitored and tracked. house speaker paul ryan saying that is not so. they're being released to countries where they do not have the facilities -- >> they're going to end up on the battlefield. >> well, since we don't know where they're going, it's hard to say exactly what's going to happen to them. but we do know that about a third of the people who have been transferred have returned to the fight. stuart: if i was an american soldier and out in the field, i'd have to think twice about releasing people who have already been captured and trying to kill me, and now they're out. >> it's immoral to make our soldiers fight the same enemy twice. stuart: that's a good question. in a nutshell, is it moral? >> that's right. stuart: i think it's a political problem for president obama, but he's not up for re-election, is he?
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well, let's hear from hillary. let's hear from -- >> or bernie sanders. >> good luck. keep waiting. >> also the u.s. congress because i don't think congress is going to approve the closure of gitmo. stuart: but they can't stop the transfer. >> they cannot stop the transfers, but they cannot transfer people who are not deemed transferable. stuart: okay. moving on to something else. will be to in -- listen to this. wait tames at the veterans administration being compared to wait times at disney theme parks. >> yeah, veteran affairs secretary robert mcdonald basically says comparing wait times at v.a. is like, it's the same as comparing it to wait times as disneyland. disneyland doesn't measure their success by how long their lines are, they measure it through the satisfaction of the experience. liz mentioned paul ryan, the house speaker. on that news he put this tweet out: this is not make believe, mr. secretary. veterans have died waiting in those lines. stuart: you're shaking your held, and i don't blame you. >> how long do we have to listen
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to reports about lack of treatment at the v.a.? >> yeah. >> we have brought in new people to try and, quote, shake up the v.a., and now we're seeing the same lack of transparency. >> go again, people -- stuart: mr. mcdonald, who made that statement comparing disney wait times to v.a. wait times, he used to run procter & gamble. [laughter] a brilliant corporation. >> but here's the thing, people don't die waiting online for space mountain or magic mountain. and the other thing too is the v.a.'s own inspector general, they found the records that were stalled in the system, in the v.a. system, 307,000 of them were people, vets who had died waiting for treatment. 307,000. >> he compares it to disneyland. stuart: so mr. mcdonald is a success in private enterprise, but running a government enterprise is something totally -- [inaudible conversations] last word. >> shouldn't that be a warning about mr. trump? business skills do not necessarily transfer -- [laughter] >> warning about bernie sanders'
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single-payer -- that's what the v.a. is. stuart: it's an interesting question about trump though. that's a fair point to make. [laughter] all right, judy, you're the author of the book, "the story. >> i am. stuart: good book. >> thank you very much. stuart: let's get to the election. doesn't take us very long. hillary clinton going after donald trump on guns. roll tape. >> this is someone running to be president of the united states of america, a country facing a gun violence epidemic, and he's talking about more guns in our schools. he's talking about more hatred and division in our streets. stuart: all right. joining us now, katrina pearson, mr. trump's national spokesperson. katrina, welcome to the program. >> great to see you. stuart: i looked at that sound bite from hillary clinton and, frankly, i thought that was effective. i thought that she was reaching out directly to many, many people who don't want guns in a
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child's class room. i think it was effective. and i think mr. trump is a little vulnerability on that specific -- vulnerable on that specific issue. what say you? >> i say you can simply point out the simple hypocrisy which is one of the things he's already done considering how hillary clinton doesn't want guns anywhere unless they're protecting her and her family. the majority of people who own guns in this country own them not for hunting, but for personal protection. and we're also talking about someone who wants to be, essentially, the third term of barack obama who's been releasing criminals into the streets of society, murderers, for example. so how can she sit there and complain about leaving children in schools vulnerable when they are constantly releasing people into the streets that look simply to harm people? stuart: it's a fair point, but do you take my point that what hillary clinton said was effective and reached people? do you accept that. >> >> yes, i do. i do. it was effective because she talked about children and guns and violence, and that's what they use.
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it's something the left does to try to generate the emotional heart strings of people. but she really doesn't get into the details. because we look at so many acts that were stopped because there were responsible gun owners in areas whether it be a school or a mall, for that matter. it happens all the time. but you never hear about those stories in the media. what we need to do effectively is create that contrast, and mr. trump is going to do that because we do know when responsible people have guns, criminals don't always win. and we can't continue to restrict law-abiding citizens -- again, law-abiding citizens -- from having guns when there's no way to simply keep criminals from having guns. stuart: okay. mr. trump's latest attack on hillary goes right after bill clinton and his women. the ads getting -- i think it's kind of getting nasty. we don't need to show our audience this particular ad, but it uses the voices of kathleen willie and juanita broderick and
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monica lewinsky. is nothing, nothing at all off limits? >> the answer is, no, nothing is off limits. that's one of the reasons why so many people support mr. trump as well, because they know going up against the clinton machine where nothing will be off limits to any republican, it needs to go both ways for a change. and we now have that in a candidate going into november. i think that ad too was effective, stuart, because even though hillary clinton herself is not out there calling mr. trump a sexist -- well, she did first, but that didn't last very long when he came out against bill clinton -- but this ad was also because of the super pac ads against mr. trump, simply because he's not a sexist. they take pointed comments and try to blanket them across all women, and it's failing. stuart: i think that ad was a counterpunch. >> absolutely. stuart: vigorous counterpunches i've ever seen. katrina that, thank you very much for joining us. we appreciate it.
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>> great to be here, certainly. stuart: back to the markets. a triple-digit rally for the dow and then some, 204 points. this is a nice rally this tuesday morning. off we go, 17,7 almost on the dow. look at apple. pretty close to $100 a share again. they are gearing up for strong orders for the new iphone 7. when it appears, the stock is up. 97 on that. but look at twitter. oh, going the other way. that is a fresh low. 1392. how about this? a filmmaker goes onto an american college campus and asks students to fund a terror attack. none of the students outraged, some of them gave him money. they did. [laughter] did you see this? you won't believe this. >> unbelievable. stuart: next, donald trump will meet hundreds of evangelicals. what do they want to hear? pastor robert jeffers is next. poor mouth breather.
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stuart: all right. we're only, only up 195 points, but we will certainly take it. we were up 210 a couple of minutes away. look at amazon, please, back above $700 a share. you know, it's not too far from the high of 722. microsoft moving higher, they got a recommendation, and microsoft is up 2.5 percent, best performer of the dow 30. how about netflix? back near to $100 per share, that's a 3.5% gain. those are the stocks which a lot of people invest in, and they're up today. modest bounceback. oh, listen to this. oregon planning to -- [inaudible] on a massive $2.8 billion tax hike in november. what's that all about? >> government unions want it. basically, it would increase corporate taxes in the state of oregon. a thousand companies would see a fivefold increase in their tax bill. oregon, rare move here. they want what's called a
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value-added tax, a sales tax on companies. we haven't seen that layered on top of the income tax, all levels of production. >> it's europe. stuart: vast indrawing of breath. >> you guys have seen it. >> oh, we've seen it. stuart: i think this is the first introduction in america. >> yeah, we haven't seen this. and watch this. even the state of oregon says you will lose 38,000 private sector company jobs over the next years but 18,000 government union jobs over that same period. that's what the state of oregon is acing. >> oh, and i became an american citizen. >> oh, you're heart, your heart. stuart: heart attack, here it comes. moving along, donald trump scheduled to meet with evangelicals in june. pastor robert jeffers, it's good to see you, sir. >> thank you. stuart: i want to ask, what do you want from donald trump? not just you, but the other evangelicals. do you want to hear him say no abortion, no gay marriage, no assisted suicide?
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is that what you want? >> remember, stuart, i've been supporting trump since last august. in fact, for a long time jerry falwell jr. and i were the only visible evangelical leaders out there supporting trump. and the reason i support trump is not because he agrees with me on every social issue, but because after talking to him many times, i'm convinced that he's sufficiently conservative when it comes to the issues of life, religious liberty and conservative supreme court picks. and most of all, i believe he will be the best candidate to keep america safe which is a primary concern not just of evangelicals, but all americans. i think most of these evangelical leaders will eventually come to that same conclusion. stuart: i suspect some of the other evangelicals would want a more forceful condemnation of various social issues. but i put it to you, if donald trump came out strongly and said no abortion, no gay marriage, if he did that, there are lots of big states in this country that
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donald trump could not win, new york, california, for example. >> that's right. and, for example, on the gay marriage issue, you're not going to rehit gate that case. that -- relitigate that case. that has been decided, it's not going to be re-decided s and i think trump is a realist. i think most leaders are realists when it comes to that as well. i think the thing trump has done lately to really galvanize evangelical support is this list of supreme court nominees. they believe that the future of our country over the next four to eight years may well depend on these next four supreme court picks, and i think that's the best thing trump could have done. stuart: is can i ask you this, in the last election when mitt romney went up against president obama, three million -- i am told three million evangelicals did not turn up to vote. will those three million evangelicals now turn up to vote for donald trump? >> i believe they will. and here's why. two words: hillary clinton. i believe when conservatives
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stare down the gun barrel of a hundt eight-year presidency -- hillary clinton eight-year presidency, they'll realize there is no choice. and i've said i believe trump's pro-life conversion, for example, is real. but even for those who don't think it's real, remember, hillary clinton doesn't even claim a pro-life conversion. to me, there is absolutely no choice for evangelical conservatives to sit at home or to write in a third party or another candidate and throw away your vote is really not acceptable. and, in fact, it would be hypocritical for those evangelicals who say they value life and religious liberty. stuart: yes, sir. robert jefferss, thank you for joining us, we appreciate it. >> thanks, stuart. stuart: virginia's governor, terry mcauliffe, under investigation for possibly illegal campaign contributions. please remember mr. mcauliffe was a major player in both bill and hillary's presidential campaigns, and he backed the mortgage for their house in chappaqua. more on that in just a moment.
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and then there's angelina jolie. she's the new visiting professor at the london school of economics. [laughter] i went there, i got a degree -- >> very proud. [laughter] stuart: no comment. the judge, though, you can bet the judge is going to bring it up. okay, he'll be with us in a second. i also have to ask the judge, would you look at this? what was he doing -- that's him -- under the umbrella riding around new york city this morning in an indy 500 race car. what's he up to? >> that is brilliant. [laughter] i know what i can expect from usaa because i have my checking with them, my savings with them, my credit card with them. and then i learned i have this usaa car buying service. the usaa car buying app was really helpful. all the information was laid out right there. i was able to see the savings that i qualified for.
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♪ get america's fastest internet. only from xfinity. stuart: donald trump counterpunches, and then some. his latest ad features the voices of some of the women bill clinton abused. kathleen willie, juanita broderick, monica lewinsky. it's rough stuff, and it's meant to be. trump asks if voters want to bring all of that back to the white house. i'm going to digress for a moment. i frequently discuss politics with friends and colleagues. i've been surprised to find that so many people have never heard of the women featured in the trump ad. for example, juanita broderick. she says she was raped by bill clinton when he was the attorney general of arkansas. and, she says, hillary pressured her to be quiet. several friends in their 40s
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and 50s had not heard of her or jennifer flowers or paula jones. well, they have now, and it's fair to say that hillary opened the door for trump's history lesson. she wants the support of the women's movement because she is a woman, but what do young women think about the white house goings-on all those years ago? now they're learning exactly what bill did and what hillary did too. that's the thing about trump. he will say what others will not say. he will go right at issues that others avoid. yes, he's really gotten down and dirty with this latest ad, but hillary almost invited the attack. this counterpunch from trump was signaled way back. she should have seen it coming.
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stuart: you know, it's really nice when after two hours' worth of business we can report to you the dow is up strongly, 200 points. we like that. and look at netflix, going up, close to $100 a share again. that's a 3, nearly 4 percent gain. will you look at microsoft? i'm looking. [laughter] i own it. that's moving higher. somebody recommended it and said we think it's going higher. 51, that's up 2.5%, microsoft. higher profit, better sales at that home builder, toll
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brothers, and you've got a 6.5 percent gain there. however, back off a little. twitter stock hitting another -- well, it did hit an all-time low about 1370, 1380 earlier, it's now 1403, still way, way down. the offering price at the ipo, 26. my, how times change. best buy, a weak outlook, and that stock is the biggest loser of all the 500 on the s&p. how about amazon? above $700 a share again. its all-time high was 722, getting pretty chose. and look at dsw, weak sales cut the forecast, it is down 13%. we call it the retail ice age. >> we do. stuart: virginia's governor, terry mcauliffe, under investigation for possible illegal campaign contributions. governor mcauliffe campaigned for bill and hillary clinton. all rise, judge napolitano is here. what exactly is he accused of doing? can you make it clear to us lay
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people? >> i wish i knew. this is a series of leaks that came out last night from somewhere in the justice department, curiously while the president's 10,000 miles away. but we believe that this, the fbi came across governor mcauliffe in its investigation, the second investigation of hillary clinton. that's the investigation of allegations of public corruption that she may have made decisions as secretary of state for foreign governments and foreign persons to benefit the family foundation. at the time governor mcauliffe was the head of the clinton foundation and even of some of the subsets. stuart: okay. it's foundation that's being looked at here and mr. mcauliffe's role therein. >> probably. however, we have also learned -- again, from information that was leaked -- that some people who made contributions to his campaign also made contributions to the foundation. the most notorious of which is a member of the chinese government who is also a lawful green
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cardholder in the united states of america. which, if true -- he says he is -- which, if true, would make the contribution lawful. foreign nationals cannot contribute to american campaigns unless they're lawful residents here. the fbi's been looking at this for a year. does it take them a year to decide whether or not a person is a lawful resident? no. which causes me to believe there is more here that will soon come out. if they're concerned with governor mcall i haveless -- mcauliffe's campaign contributions, why did they subpoena his irs returns? stuart: he will meet with the swire delegation -- entire delegation in richmond, virginia, this evening. i don't know whether he's meeting them on that -- >> he's saying not. they say this was already scheduled, but i'm sure -- >> well, there are enormous political implications. mrs. clinton is counting on virginia. if virginia is in play, then she has to seek those votes elsewhere. stuart: he is the governor who
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legalized the vote of some 200,000 former felons who may now vote. that was governor mcauliffe in virginia helping mrs. clinton, i believe -- >> oh, there's no question about that. stuart: i'm going to give you an opportunity to make some fun of me. [laughter] >> go ahead. i try to take that opportunity every day. stuart: angelina jolie is the new visiting professor -- >> where could she possibly be a visiting professor? what institute would hire a moron like that? [laughter] stuart: the london school of economics. >> you've got to be kidding! [laughter] stuart: wait, wait a second. this may be legit. she's going to teach a course on the impact of war on women. now, my objection is that i don't like celebrity academics, certainly not in an institution of some quality. but do you have a problem with her knowledge of the subject? >> what are her academic qualifications? to speak at the most notorious socialist institution in the western world, which occasionally produces very fine capitalists. [laughter]
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with an appreciation for human freedom. rarely but occasionally, one of whom is seated next to me. stuart: are we done with this? [laughter] now i'm going to make fun of you. >> how? stuart: show the video. come on, put it up on the screen, please. i want everybody to see this. that is you in the back -- >> oh, wait with, you can't even see my face, what do you mean? stuart: that is judge napolitano under an umbrella in the rain driving around new york city9 this morning in an indy car. >> what were you doing? >> taking one for the team. [laughter] stuart: not my team. >> "fox & friends" asked me to do it and i said, yes. of course, at the time we did not know it was going to be a downpour. [laughter] stuart: why were you doing it? for what purpose? >> this weekend is the indianapolis 500, and this is the 100th anniversary of it, and they had a number of the professional drivers and some of their vehicles there, and they sent one of them to chauffer me here. stuart: now, as you were driving around new york, i'm sure you attracted all kinds of
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attention. >> nobody noticed. >> really? [laughter] >> this is like it's new york city and we're a block from times square. i'm trying to get attention, nobody -- [laughter] some crackpot is in a racing car and some nutso photographing him. it's another morning in new york. stuart: "varney & company," 9-12. [laughter] you'll never do that again. judge, thank you very much, indeed. >> pleasure. stuart: great stuff. all right, listen to this. the filmmaker who has been a guest on this program frequently, he went on campus at portland state university. he told st terrorist organization -- that's where he was from, from the terrorist organization hamas. he was trying to raise money for terror acts. you won't believe the answer he received. just watch this. >> i work for american friends for hamas. >> okay. >> we're not your father's terrorist organization, we've kind of evolved beyond that. we want to fund operations against israel and, you know, the type of attacks we're
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talking about are cafés and schools and soft targets. >> i've actually been learning about it this last school year about everything that's going on over there, so i like the sound of what you're doing. it sounds like a great thing to do. stuart: katie paf liberty is with us -- pavlich is with us, and i do believe you saw that video clip this. i'll refresh your memory if you didn't. he's on a university campus. he said i'm from hamas. we're trying to organize terror attacks on schools, and not a single student said get out of here. some of them gave him money. $300 in one hour. >> yeah. stuart: what? >> i mean, i actually talked to him about this video, and he sent it to me, and we -- i was amazed to see what happened. but then at the same time when i look at the experiences that i have when i go visit college campuses and the information that i get from students who i know on these campuses, this is not surprising. you know, the bds movement is
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alive and well on -- stuart: katie, hold on. >> but this issue, stuart, this specific issue what we didn't show as part of the video is when he told a student we're using suicide bombers because they're basically a poor man's f-16. and the student responds by saying, right, right. i'm happy to give you money. he was going to spend six hours on campus, he spent an hour there and raised $300. stuart: now, wait a second. you can't say you're not surprised at this. every american would be, surely, shocked at the idea that on an american campus a man raising money specifically for terror acts was not turned away by anybody, nobody said get lost, get out of here. you can't -- you've got to be surprised at that. >> it's actually not surprising, stuart. and, unfortunately, i think that the media is not focusing enough on the anti-semitism that is raging on our college campuses right now. you'll get more attention, more negative attention for flying an israeli flag on college campuses
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today than you will for flying an isis flag. and that is a fact. pro-israeli speakers on campuses are not allowed to speak, they're run out of town, and terrorist organizations like hamas are upheld as social justice institutions that liberal and progressive students and their professors are getting behind because they see israel as the bad guy. stuart: what are we going to do about this? i'm not suggesting you get out there and do something about it yourself or me myself. [laughter] what is society coming to? what are we going to do here? >> well, look, i think it's very important to point out to liberal students who claim that they believe in gay rights, human rights, women's rights that, actually, the israelis are the ones who allow women to vote, women to have equal partnership inside their country. they allow arab citizens to serve in their government. they believe strongly in human rights and, in fact, treat terrorists who attack them in their hospitals.
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ey'rall out at. bu ham, onhe oer hd, i not out at. so ihinkt's portt toet threalnfortionut t the studentsecau they're not being fed it inside of their college classroomings. stuart: you know, i've got to say, katie, i think it's the muslim students' organizations which are leading this anti-semitic charge. >> and the professors. and the professors. stuart: i think that's at the heart of this. >> absolutely. stuart: that's going on. katie pavlich, i wish we had more time, because i'm firedp outh o.rt: dear god. thank you, katie, we appreciate it. remember when hillary promised to put bill clinton in charge of revitalizing the economy? she even said she'd call him first gentleman. what does bill think about this? we have the inside scoop for you. and we've been showing you this video. it's the sailor, alex thompson, doing the skywalk stunt. he's in a suit off the back of a boat. whoa! >> look at that. stuart: well, he's on the show.
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he's preparing to do a round-the-world sailing competition. only a hundred people have ever finished it. he's with us shortly.
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♪ ♪ >> hello, i'm jeff flock in chicago with your fox business brief. we're talking pensions at this hour. chicago working out a deal to bail out one of its troubled pensions last night, but look what remains.
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the chicago municipal pension fund was $7 billion in the hole? well, because of new accounting rules, it is now $11 billion more in the hole. that's $18 billion plus total. and if you think chicago's alone, well, they're not. take a look at some of the worst states in the union for pensions. the pension holes are huge, as donald trump would say. his home state of new jersey, $113 billion in the hole. illinois, $112 billion, with a b now. nebraska. don't want to be here in chicago. i'm jeff flock for the fox business network. stuart varney is coming right back. ♪ ♪
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stuart: it's holding, it's holding. we're two hours and 15 minutes into the session, and we're still up very close to 200 points. this rally, by the way, is led by financial companies, bankings, etc., and technology companies. how about this tech company? intel. doesn't usually move very much. today it's up 2.5%. there's a mover for you. how about google? their offices in paris raided by french tax authorities. no impact on the stock whatsoever. in fact, it's up $14. 3-d systems, they make 3-d printers, okay? they're up nearly 5%. one investment firm likes 'em, says buy 'em. up it goes, 5%. now this: more proof of the split among democrats.
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harry reid now wants a say in hillary's vice presidential pick. ash? >> yeah. put out a warning saying if you pick a democratic senator in a republican governor-led state, i will do whatever i can to stop you. in fact, not only is the answer no, it's hell no because that he or she would have to step down to be a part of the presidential race, and the republican governor would then fill it with a republican, and he's all about making the senate, getting a democratic majority in the senate. so interesting that he puts out that warning. he said, i would yell and scream to stop -- >> that means no elizabeth warren or, you know, ohio senator sherrod brown. >> that's exactly right. stuart: he wouldn't allow that. >> right. >> interesting. stuart: our next guest has been reporting on what bill clinton is telling his friends after hillary said if she's the president, bill will be back in the white house running the economy. ed klein is here.
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now, you've been talking to some of bill's friends, finding out what bill is actually saying about whether he wants to go back to the white house. what's he been saying? >> here's what his friend quotes him as saying: i feel like a dog chasing a car who doesn't want to catch the car. [laughter] well, he's chasing the car meaning hillary's being president. what if she gets to be president? it's a no-win for him as far as he's concerned. she's president, everybody starts statute -- scrutinizing bill clinton, the first gentleman, right? he's not going to be able to fly around in jets with pretty girls, he's not going to be able to take money for his foundation, he's not going to be doing anything he's been doing up til now in his lifestyle. that's if she wins. if she loses, who's going to contribute to the clinton foundation? because the clintons will be over. out of power. so he sees it as a no-win situation for himself. stuart: that is fascinating. that's the exact opposite of
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what i would have thought. >> yes. stuart: i thought he would really love to get back into the white house. it is the white house, after all. >> yeah. stuart: it is the seat of power in the world. >> but what he also says is they can't, you know, i'm not going to be able to run after -- these are his words -- stuart: please. >> i'm not going to be able to run after these girls. of course, they can't impeach me, he says, but it would be bad for hillary if i did that while i was first gentleman. so i'm going to stay as far away from the white house if she wins as i can. stuart: wait a minute. this is a revelation, ed. i know you can't tell me who the source was -- >> i can tell you this though, stuart. this source has known bill for decades, not for a while. this is a really, really close friend who has spoken to him not once and twice about this, but countless times. and i've interviewed this person over and over, and are those his words? yes, those are his exact words. stuart: i am shocked.
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i am really shocked. what's the relationship between bill clinton and hillary clinton? i mean, can you describe it? >> it's a very interesting and complicated one. first of all, they never see each other. stuart: well, they're political partners. >> they talk dozens of times on the phone every day, and he complains she never listens to me anymore. that when he gives her advice on policy and politics, she says, bill, i'm sorry, i've got to hang up, i've got other things to do. she's simply not listening to his advice about anything. stuart: i saw this, the donald trump ad where he uses the voices of three women -- >> yes. stuart: -- who, you know, allegedly abused by bill clinton way back when. when i watched that ad, it seems to me that bill clinton has become a liability for the hillary campaign as opposed to an asset. >> i think that's very true. i think the reason for that is there's a whole, to use a fancy word, cohort or group of people under the age of, say, 40 who
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don't remember monica lewinsky, they don't remember whitewater, they weren't there when this all happened. now bill cosby has brought all that to the fore now. everybody's thinking about harassment of women. it's a very sensitive issue. this group, this new group are very, very sensitive to the idea of women being abused. and i think this is going to be a very effective campaign target for bill clinton. stuart: what a revelation. ed klein, thank you very much. >> my pleasure. stuart: we're obliged to you. thank you. all right, check this out -- check the big board, first of all. we've got a 200-point rally. not bad, i'd say. >> not bad. stuart: we'll take it. we will take that, okay. and by the way, this guy is on the show next. the gentleman in the suit -- [laughter] about to take off over the ocean. he's a global sailor. he's going to be a part of a big
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contest shortly. he's on the show in a moment. it really opens the passages. waiter. water. so why would you invest without checking brokercheck? check your broker with brokercheck.
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so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ stuart: got to show you this video again. it's kind of a warm-up to meeting the man himself. that's the guy, that's kind of a daredevil of the sea, if you ask me. he's a sailor, his name is alex thompson, and he's the guy in
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the suit sitting right next to me. welcome to the program. >> thank you. stuart: that was a publicity stunt, wasn't it? >> yeah. me having some fun combining my hobby with my job, but primarily a pub histy stunt -- publicity stunt. stuart: you engage in races competitively, right? >> yes. on my own. stuart: on your own. >> yes. stuart: and in november of this year you're going to start the round the globe race? >> single handed, nonstop around the globe. stuart: any help of any kind? >> if you touch dry land, you're disof qualified. stuart: no stopping whatsoever. >> i can put an anchor on, but i'm not allowing to go on land, put my -- turn my engine on? stuart: you can't turn the engine on? >> wind power. stuart: how long does it take to sail around the world? >> the record is 78 days. i did it in 80 last time and finished in third place.
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stuart: this is an annual race. >> happens every four years. stuart: sorry. you finished third last time? >> third, yeah. stuart: you did it in 80 days? >> around the world in 80 days. [laughter] stuart: this is what you do for a living. >> it is. stuart: so if you win this race, how much do you win? >> it's not really about the money, but there is some money involved. the winner of this race will get about 150,000 year rows. it's a bit like the tour de france. it's not really about the money, you know? stuart: somebody's sponsoring you, i take it. >> yeah. i'm sponsored by hugo boss. stuart: that's where the money comes from. >> in sailing it's not about the money. it's not like professional football. we do it for the love, for the beauty. stuart: do you really? >> i just love to compete. stuart: aren't you ever terrified? you've got to be. >> last november we'd launched a new boat, and i was in a storm,
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and i was actually asleep, and a rogue wave turned the boat upside down, and we were actually rescued by a helicopter, very quickly we rescued the boat and got back out there. so it does happen. stuart: oh, so if that happens, you can get back in the race. you're not disqualified because a helicopter came to right the boat? that's okay? >> no, the helicopter rescued us, and we had to get a tugboat, and we were out of that race. it was a transatlantic race. anything out of the ordinary, anything where you're taking anything onboard, any way you stop you are disqualified. stuart: where does the race start from in november? >> it starts in france which is where we'll finish this race which starts on sunday. stuart: on sunday you're taking off to cross the atlantic single handedly, kind of a warm up -- >> well, a sprint. [laughter] stuart: alex, we're in admiration, and that's a fact. and we hope you do well. it was great to see you. >> thank you very much. stuart: good luck, alex thompson. we'll be back, more "varney" after this.
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stuart: on rare occasions i have the privilege of handing over to my colleague and friend neil cavuto at the very high of the day. dow jones industrial average, we are doing it right now, the tao is up 217. it is yours. sandra: this guy isn't doing it for the money. it was interesting, very interesting. stuart varney. much appreciated. we are looking at something you might call hurry up and wait. everyone in this administration is saying we are fine, just chilling. the va\over the wait times, waiting for disney ride as if the tsa looking at loading a dangerous world, we have to get to the airport 3 hours early for the puddle jumper flight. en


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