♪ ♪ ♪ imus in the morning ♪ >> impasse on the fiscal cliff. greece gets the money, the president goes back to campaigning. okay, you've heard it all before. we have something new for you. good morning, everyone, first item, guguns. the one-day record for background checks smashed.

154,000 on be black friday alone. that's a huge increase in likely purchases in an already booming market. second, a global climate change tax, here it comes, the u... holds a meeting, america is the bad guy. they want our money. third, research in motion, the blackberry company we put that stock on death watch. wrong move. the stock has gone straight up. you never know what you're going to get on "varney & company," but it will be interesting. here we go. can i help you?

i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all ght. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office.

>> with all of that talk on "varney & company" about gun sales going up if president obama he gets reelected. here is the proof, it's happening. it's a busy friday for the fbi, it fielded 154,873 background checks from gun dealers for perspective buyers, that's just in one day. it's a 20% increase over the

previous record set last year on black friday. and by the way, 62% of those applications were the so-called long guns, rifles, shotguns, people are afraid president obama will seek to ban assault weapons so they're buying now. and n.r.a. head predicted this on "varney & company." >> i think you'll see a siege on the second amendment we've never seen before. president obama is trying to camouflage this issue to get through the election. and they're handing out flyers all over the heartland of the country, obama is not going to take your guns, they're trying to fog the election and get through the election, but if they do, it's katie bar the door. stuart: yes indeedy, look at black friday. next hour we'll talk to the gun store owner who took out the ad in the paper. if you voted for barack obama, your business is not welcome. it's been great for his business. he's on the show the top of the hour coming up. perhaps all research in motion

needed was "varney & company" to put it on death watch. since we did so, the stock is up 5 #% in one month. 70% up in three months, a lot of positive buzz surrounding the blackberry 10 due the end of january and the stock has gone straight up despite our death watch. maybe we should put microsoft, a stock that i own, on death watch. take a look at the video please, two armed robbers made off with nearly $100,000 in black friday cash. the two men hid in a target store in new jersey, after it closed, they entered the cash room, that's where cops say the men tied up one employees, ambushed two others and walked out the front door, and jumped into a getaway car and cops searching for the suspects, video from black friday. there was a black friday shopping frenzy this year and fights breaking out and shopping hit record levels over the weekend, on the surface maybe good for the economy and shows a good economy, what does dave ramsey think? he's the enemy of debt.

but here you have millions of people going into debt, i don't think that dave will approve and he's going to join us next and of course, we'll bring you the opening bell. [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from tdmeritrade. it's just common sense. you know it can be hard to lbreathe, and how that feels. copd includes chronicbronchitis. it's just common sense. youspiriva helps controlto lbremy copd symptomsat feels.

by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is thenly once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd spiriva helps me breathe better. (blowing sou) ask your doctor about spiriva.

>> here is your background check for the market this tuesday morning, four items,

number one, greece will get its money, and tide them over for a couple of years and we have case-shiller home prices up 3% in the latest reporting period and they've gone up for six straight months. durable goods orders, no change, not very important, and here is the big one, on-line shopping, yesterday, monday, so-called cyber monday, up, wait for it 30%, they're pretty positives, but we're expecting the dow to open lower, down maybe 20 points and the opening trend is to the down side. 13, 963-- and if a company pays you a dividend this year and maybe you escape a higher tax rate on it, because higher tax rates on dividends may be coming in 2013. with that in mind, dillard's is paying a one time dividend of $5 a share and i guess that stock is going be to be up, nicole. that's pretty hefty, a nice payout here ahead of the fiscal

cliff woes and the stock is moving not only higher, but also at a new high here, today, a multi-year high and so interest it is, a 2.2% to the upside and up almost two bucks and dillard's one time enjoys many other companies that we've been seeing and smart doing this. >> with bidillard's, if i buy stock as soon as i get the $5 as soon as it's paid out. the stock goes down by five bucks, doesn't it? >> that's very detailed. i didn't delve into that. we've got to do the numbers on that, now what i mean? their fourth quarter dividend, in 2013, they often move that up as well. >> we've got it, thanks, nicole. >> dillard's as nicole just said, it's not the only one, weight watchers declared the dividend, 14 1/2 cents a share and the stock is down a little bit and then the maker of jack daniels, browns forman of

course, a special $4 per share dividend and that stock is up as of right now. and you pay the dividend now, and you don't have to pay quite the same taxes and if it were paid next year, and looks like consumers are just dying to break out and spend and spend they did. and on-line shopping, up 30%, yesterday, compared with the same day a year ago. and those figures just released by ibm benchmark which track on-line sales and using mobile devices to get the shopping down, maybe that's the wave of the future. according to research firm, shoppers were expected to spend a billion and a half today, and that would be up 20% from last year and jump any way you slice it, a lot of that spending i'm pretty sure is on credit card, in fact, credit card debt in america rose nearly 5% over the summer months compared to the previous year and our next guest doesn't like it, doesn't like credit cards and doesn't like debt. dave ramsey is with us from

nashville. always a pleasure, welcome back. >> thanks, stuart, merry christmas to you. >> you don't like debt and don't like credit cards and you don't approve of buying and going into more debt. say it. >> i do, i love christmas, but i don't think that people need to run around the mall running like they're in congress, and quit spending money you don't have. you don't want black friday to put you personally in the red. you know? you've got to be in control and you don't want to wake up in may and still have a financial hangover from the mess that you made back in christmas. just be a grownup. make a list, check it twice and spend money you have. stuart: so are you saying, get the cash, literally hand over notes and coins, when you buy that gift for christmas, as opposed to handing over the plastic? do you object to any credit card debt? >> i do, you know i object to any credit card debt. you can buy on-line with paypal and debit cards and mobile has

gone crazy i during cyber week and mobile is the trend for the last two christmas and sites that don't have good mobile aren't getting their bang and a huge push on paypal and a bump on our site with debit, and cash certainly is a great idea because you feel the pain when you spend with cash. >> i give you what idea a proportion of people get into real trouble and you would define trouble at any kind of credit card debt and interest payment in the future and any idea what proportion would just campaign, totally in over their heads and they go belly up, what proportion? >> you know, it would be very small, and that would be the same proportion of the population that files christmas doesn't bankrupt but, what it does is a continuation of a series of bad habits in your life causing you not to win with money. we want you to retire with dignity and sends your kids to college and live like no one else so later, you can live like no one else.

>> you don't like stuff, do you? you don't like-- >> i do like stuff, i like stuff. >> and you consume and you buy, you buy, you buy, you don't like that? >> what i don't want, i don't want people worshipping at the altar of the big screen, you doesn't want to be defined by your stuff. i've got a lot of nice stuff, but it's just stuff, you know, you don't want to get into the position that i'll be happy when i get this thing. if your happiness is based on your acquisition, you really have a shallow life. >> do you think that's the kind of america we have become? >> well, there's a little bit of that, that's running through some people's veins for sure and you know, the philosophy of how people are living their lives in some cases is broken. in some cases, we become susceptible to the advertising, we're advertised to more per minute than any culture in the history of mankind and as a result, we buy more, than any culture in the history of mankind so we've got to be grown-ups and realize when we need to acquire some things and

enjoy some things, but not to the point that it destroys our family and our future. >> i don't think that you are primarily an economist or a financial planner. i think you are first and foremost, a moralist, am i right? >> i've been accused of a lot of things. [laughter] >> no, come on. morality is always at the heart of everything you say. >> well, there's a right and there is a wrong and that's one of the things we've forgotten in our culture, a right way to do things and a wrong way to do things, so, yeah, there is a morality issue there, there's a spiritual element, a psychological element, a relational element because this is personal finance, so, all of those are involved in how we make decisions, an and what we believe about our future and place our hope in. you've got it. dave ramsey, you make an awful lot of sense. >> it's an honor to be with you, i hope to see you real soon,

come back soon. >> absolutely. >> okay, another sign of spending in america, sales of million dollar luxe homes on the raise. find out why. and that will be one of our new at ten stories, coming up the torch the hour, promise you. let's get back to nicole, corning shares, they're spiking because of smart phone and tablets, explain spiking to me. >> do you not trust the teleprompter? >> if i write it i trust it, but what about spiking? >> they're spiking all right. and they have a lot of muscle today. corning, gow is the number one top performer in the s&p 500, the 500 stocks, what do they make? well, they make glass for flat panel televisions and also, special gorilla glass used in smart phones and tablets and i mean, we could speculate and say iphone and such we won't go that far.

let's say smart phones and tablets and approaching 1 billion dollars for sales for the full year and so they're raising their outhook and seems that americans are spending upon televisions, smart phones and tablets and they need the glass for it. >> again, i looked at the teleprompter and i saw corn, i saw cookware and why is cook wear spiking? the obvious answer, it's not cook wear they're selling, it's gorilla glass. >> they make a lot of other problems as well. stuart: i bet you most people do not know that corning is really big on the glass na goes on the front of these smart phones and the rest of it. i bet most people don't know. i didn't know. >> and a problem to say you're doing a great job, nicole? thanks. stuart: it does now, you're doing a great job, nicole, thanks. excellent stuff, nicole, see you later. thank you. the dow jones industrials down 15 points not much changed thus far this tuesday morning. time is money and 30 seconds, here is what else is going on.

a gun store owner takes out an ad telling obama voters they're not welcome at his establishment. it doesn't hurt the business, it helps it. we'll talk to him next hour. and you've seen people, pushing and shoving each other on black friday, what's wrong with these people. dr. keith ablow will tell us what's going on. an dick tore yal palace, should we keep paying them? and how you reach yours, varney@foxbusiness.com. and mcmoran, drilling updates, delays in the gulf of mexico, shares were down as much as 22% and now they're down, can't read it over 20% and way down. disappointing profit at the rv maker thor it's down big and dillard's pays a one time

dividend this calendar year of five bucks a share, it's way up. dollar general joins the standard & poor's 500 and that means a lot of index funds, have to buy it, up it goes. the board of casino operator, las vegas sands has approved a special dividend, 75 a share, up it goes. less money coming into the chinese game maker, it's down a little. and gm rolls out an all electric chevy spark at the l.a. auto show, the stock would reach 53 for the taxpayers to get their money back, it's at 25, down a little this morning and the dow is down 17. the election may be over, but according to the latest numbers, the americans are very concerned about the country's future. scott rasmussen with two revealing polls next. [ male announcer ] at scottrade,

you won't just find us online, you'll also find us in perso with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. 's no wonder so many investors are saying... [ all ] i'm with scottrade.

time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use y your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind.

buy now. save later.

>> the market is flat. maybe because there's an impasse at the fiscal cliff talks and not sure about that. but there's positive news, but no real movement on the market and look at the price of oil as of right now. $87 a barrel. again, very little movement there. well, the president has indeed been reelelekted and we know th where is the euphoria and a couple of rasmussen polls showing a grim view of the future. only 28% think obamacare will make it better in the next two years, and half think it will get worse. here is scott rasmussen and he's the man who did the poll. we knew this before the election, but i'm just surprised, but it's a grim view of the future, just where health care is. >> and stewart, i want to be clear, we didn't ask will the

health care law have this and will the health care system get better or worse, and take the position that the law is making it less bad than it would be, but there's a huge divide. most democrats say they think that the health care system is going to get better and republicans overwhelmingly say you've got to be kidding and by a 48-17 margin unaffiliated say things are going to get worse, this isn't a big change from beforehand, but i think what we're seeing here is an almost a replay of the george bush dynamics with the situation in iraq, and bush bet his presidency and the future of the republican party on his invasion of iraq and that whole policy. president obama has bet his administration and the democratic future on this health care law and if it didn't work out well in the next few years it's going to have big impacts on future elections. stuart: and i've got another one. 48% think that any money raised with tax increases will be spent on new government programs. only 38% think it's going to

actually reduce the deficit. so, here we've got a debt problem, some would say a crisis, and people are just not confident that we're going to address it, certainly not with new taxes. >> well, that's right. and look, skepticism about politicians is as old an as america, part of our cultural dna. in fact, i was surprised only 4% think this'll spend the money instead of using it as they promise. and one of the other things that we're seeing and i think this is really important in these discussions, if you ask people about across the board spending cuts, what everything is included, everything is on the cable. 65% say that's a good idea. but if you take something off the table and say, cut everything, but the military, support falls to 42%, so americans want to make sure that this is not something that singles out a pet project for exemption and protection. >> if people think like this about the future of health care and think like this about debt.

how come they reelected president obama? how did this happen? >> well, to some degree they didn't think it'd make a whole lot of difference if mitt romney was elected. you've heard the numbers, numbers of white voters who turned out, seniors who turned out much lower than it was from earlier years. this is something that, again, romney apparently failed to convince enough people that there would be a big difference with his election. >> if you wrap it all up, scott and it's not morning in america, i don't see optimism in the numbers you're coming up with. just don't see it. last word. >> and here is -- and consumer confidence is down since election day, if that translates into economic activity we're going to have a tough first quarter next year. >> scott rasmussen, thanks very much indeed. see you again soon. >> it's 9:48 so i'm giving you the cold report a little earlier. 1,747 exactly per ounce, we're down just a little this tuesday morning.

north dakota booming. we're talking billions of dollars, thousands of jobs, thousands of people making small fortunes on oil and it's because the government is getting out of the way. charles payne, and jedia are here and their reaction to north dakota and i believe the man on the right there, i think he spent some time in north dakota. ♪ i'm a billionaire, oh, oh, oh ♪ ♪ with the fidelity stock screener, you can try strategies from independent experts and see wh criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity.

now get 200 free trades when you open an account.

>> more proof that a growing economy is good for everybody. north dakota experiencing a huge oil boom and now the banks are seeing records set for deposits and they've had to add atm's and hire more tellers just to keep up. now, charles, you have some experience of north dakota, as i understand it, it's in nine counties where they're going after the oil, the shale. charles: it's a heck of a move. entire unemployment is 3%. i was there, with a guy a couple of months ago trying to buy some land there. on a dark i was in the air force and a couple of grand.

>> and a couple grand, 20 acres. >> and now they go between 3 or $4,000 an acre, on a lark, if i said you know what, i want to own land, let me throw two grand at it. on a lark, but it does show you how things come back. all of the things that we write off. one day detroit could be a boomtown. you know, it's all about allowing the free markets to work and north dakota is an amazing example. stuart: we should make the point, that the oil drilling is taking place on private land, not federal land. >> we saw this argument throughout the president's debate, we saw barack obama disand saying, drilling is up and we knew it was due to the free market and private land. it's too late for me to move to north dakota and make some money. charles: you, noerth about it. >> who knows in 20 years. >> from 100 to 3,000, on a lark, on a lark. stuart: why didn't you do it,

charles. charles: drink that much. and put away that-- >> that wasn't the number one thing to do in 1981. stuart: 1981, in the air force, and minor, north dakota. charles: and freezing is the region, nothing, but missiles silos up there. stuart: you were guarding them. charles: sort of. stuart: ever go outside at 50 below and march around. charles: the indoor jobs. and every day there were of exercises, people were attacking them, and three people on the perimeter and had to be gung-ho about it. stuart: and you never thought that would be a boomtown. it's in one of the-- >> it's the boom area. stuart: see what you missed? and the united nations is discussing climate change and the world wants the united states to pay more to keep the earth green, save the planet.

can you say carbon tax? that's new at ten. plus, why are 1 million dollar homes selling so fast? another new at 10, answer next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for e heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. ll 1-800-ishares for a prospectus wch includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.

stuart: new at 10:00, call it a global money grab at the united nations climate conference, the united states is being told not

doing enough, not paying enough to keep the earth temperature from rising. these criticisms are coming from all over the world, including china of all places. environmental hypocrisy on a global scale, maybe it ends in a carbon tax. we will talk about it. also new at 10:00, luxury homes are selling because the prices are right and the rates are so low. sales of homes in the 1 million dollars range up 28% from last year. but here's the big story of the hour, president obama, he is still the campaigner in chief. hasn't had any real talks about avoiding the fiscal cliff. instead he's going on the road. he's going to sell his tax the rich plan. 's doing this even -- he's doing this even though he already won the election. he has a mandate to lead yet he continues to campaign. he even says if the republicans don't get on board, they will ruin christmas. we are talking about that. but first here's the company that we're talking about it with: conservative columnist is with us today. charles payne fresh in from

north dakota, he's with us. and nicole petallides from the floor of the new york stock exchange. first off, why does the president continue to campaign? he won the election. is he really saying -- he did say the republicans will ruin christmas. you're a conservative, what do you make of that? >> he's doings it because it is working -- he's doing it because it is working. he's a great campaigner. if you go look at the polling right now, it show ifs this falls through, if we approach the fiscal cliff and we go over it, guess who people blame? they blame the republicans. why? because the republicans have not made an argument about who the rich is. they have allowed obama to own this argument and define it as millionaires and billionaires when we're really talking about people who could live in a place like new york city, making $250,000 a year, putting three kids in college and their rent might be 60,000 in itself. they have not owned that argument. stuart: but he is winning the political argument. it's not a policy discussion. >> it is not a policy discussion

and the republicans repeatedly don't do the pr, don't do the marketing, and as a result they ultimately lose the war at the end of the day. stuart: i'm going to break in for one second. the dow has just turned positive and the reason for that is at 10:00, we got the latest consumer confidence figures up to a 4 1/2 year high. that's turned the dow around just a little bit. we're only up but 5 points. charles? charles: to your point, who is the republican point man? you know, you're right. they have been losing this message. i think the president has done one thing to your point also, he's redefined the office of the white house, where there is no such thing as a campaign season. listen, you never stop campaigning, and it seems like it does again win. at the end of the day, instead of meeting with your colleagues across the aisle, you keep going to the american public and say you guys put pressure on them, you guys beat them up, and it is up to republicans who say listen the people who re-elected me because i didn't lose or else i wouldn't be in this seat did give me an individual mandate, a

specific mandate, and that's to stop this fiscal insanity, this 16 trillion dollars in debt. and, you know, listen, it is going to be tough because i think they are in a no win situation. they might as well stick at least to some of their principles at this point. stuart: at the moment, it is an impasse. mitch mcconnell they have given a little bit in the sense they say we will give you more tax revenue, but no reciprocal agreement from democrats or the president. charles: spending hasn't even been in the conversation. that's the crux of the problem. it is not about the lack of money. it is about spending money you don't have. >> entitlements haven't been in the conversation. that's the biggest single driver of our debt. they don't want to talk about social security, medicare, medicaid in any sense of the word. stuart: i just got numbers from medicare trustees. we have to pay out for medicare 42 trillion dollars in the future. we don't have that money. that's the unfunded liability of medicare. and the democrats won't go

anywhere near cutting it or reforming it and so far we've not really heard from the republicans, what they would do with it. >> when you heard from paul ryan during the campaign again, he had no back-up. you have to sell these policies to people. you have to explain them in a way that resonates and they can see my daily life looks like this, this is how it is going to be impacted, this is how my children and grandchildren are going to be impacted. these government programs are not going to be here unless there's reform. stuart: can you get elected if you say i'm taking this away? >> i think you can get elected if you articulate it properly, do the outreach, do the marketing. the republican party did not take marketing 101. charles: ryan and romney seemed intimidated about saying we may take away your mortgage deduction, we may do this. they should have gone for it. obviously it is hindsight, but i think they should have gone for it. stuart: let's get to nicole. facebook shares, up earlier and then lower? what's going on? nicole: keep an eye on facebook because yesterday we talked about a couple analyst upgrades.

today now you have the latest one which is nomura with a new buy rating and $32 price target up from 27 bucks. but analysts have been coming out hot and heavy and just talking about mobile ad revenue potential for facebook. you can see facebook here just about 26 bucks stuart. over the last 13 weeks, facebook is up 35%. three months ago if you wanted to get in the facebook, you are pretty happy, that's a nice return. stuart: we put research in motion on death watch and the thing went straight up. i don't think we ever put facebook on death watch. maybe we should have. nicole: i wasn't so hot on the research in motion on death watch, but okay. stuart: i know you weren't. nicole: you remember? we had that discussion. i was a little excited about the blackberry 10. stuart: i said earlier we should put microsoft which i own on death watch and see if it goes to the moon. nicole: let's pray. a little holiday gift, we will

see. stuart: nicole, thank you. on friday the fbi fielded more than 154,000 requests for background checks on prospective bun guy -- prospective gun buye. we've been following the gun story on varney & company. this is further proof that the business is absolutely booming. an arizona gun store owner, he's banned people who supported president obama from walking into his store. he even took out an ad in a local newspaper. i'm quoting directly from it, if you voted for obama, your business is not welcome. now he says his business is absolutely booming. joining us is the owner of that store, his name is cope reynolds. cope, welcome to the program. right from the get-go, have you turned away from your store and say no, you can't come in. have you done that? >> no, sir, where we live,

there's not a huge percentage of obama supporters there. we haven't actually turned anybody away yet, but we would. stuart: okay. if i walked into your store wearing a vote for obama t-shirt, something like that, would you deny me entrance to the store? >> well, i'd have to -- i'd have to find out first if it was a gag because we've got a lot of people that are trying to, oh, pull the wool over our eyes i guess would be the way to put it. but if i determined in fact that you did, and you were willing to admit it, then yes, sir, i would. stuart: that ad was a kind of political -- wasn't political, it was an advertisement, wasn't it? that's what it was. you wanted to encourage people to come on in the store. >> no, sir, that didn't have anything to do with it. when i put it up there, it was the way we felt. whether it was good or bad for the business was not relevant. it didn't make any difference. it was strictly to get a point

across, it was a political statement, and that's all it was. any other consequences other than that were purely unintentional. stuart: how much did your business go up? >> i don't know how to figure percentage wise, but it was -- there was a considerable increase. stuart: we just reported that on black friday the fbi fielded 154,000 requests for background checks which implies the purchase of a vast number of guns, and 62% of those requests were for long guns, you know, rifles, shotguns, you know more about that than i do. that would imply that the buyers thought that maybe president obama was going to ban assault weapons, a form of long gun next year. is that what's going on? >> well, sir, during the second debate, he said in fact that that's what he intended to do. a lot of people ask us, they say well, obama hasn't done anything

against. in fact, he has increased our gun rights by allowing guns in to national parks and national monuments on february 22 of 2009. he did in fact do that. but that doesn't mean that he's pro-gun. it means there was something attached to a bill that he absolutely had to have and it worked out well for him. i think he's a genius. i think he's been very disciplined, very patient, and he's waited until his second term and many of us very much believe that he's going to imemployment more than just an assault weapons ban -- implement more than just an assault weapons ban. i have to say wait and see, if he doesn't, i will apologize to the world for everything i have ever said, but i don't think that's going to be the case. stuart: cope reynolds, thank you very much for joining us. you are in pine top, arizona, is that correct, sir? >> yes, sir. stuart: thanks for coming on board. i know you drove about four hours to get to the studio

today. we appreciate that. thank you very much for being here. >> thank you, sir, appreciate the opportunity. stuart: another new at 10:00, high end homes selling very well. our partners at the "wall street journal" reporting sales of homes priced between 750,000 and a million bucks rose 53% in october compared to a year ago. 53% up. the journal also reports that homes in major metro areas with a loan of a million dollars up 28% through september compared to the same period last year. all right, everybody, what's going on, charles? that's a huge jump here. charles: i think the large majority of it are investors. you know, i think investors saw an amazing opportunity. if you look at data, new home sales, existing home sales, first time buyers has not changed at all. that number has not changed. listen, your risk reward at this level is absolutely amazing. if you are looking for a great investment, something that could pop short-term or increase long-term, it is hard to argue against it. stuart: i can see the arguments in favor of it.

buy relatively cheap and mortgage rates are very very low and it doesn't pay a dividend on a tax which might go up next year, but, you know, i was going to say something -- charles: stuart i'm shocked so many people live in so many places in this country where it is more expensive to rent than own. we rent every single thing in our lives. it is stupid, it is nuts. the same people that are afraid and intimidated, the house they could buy today for 190,000, they might buy five years from now double the price. stuart: when you sell it, you are likely to have a much higher capital gains tax rate on it than if you sold it this year; right? >> that's true. i have to say though i sort of fit into that culture you are describing. i always leased a car. i rented an apartment. there's some security for some people in that mentality that you can sort of release it without that obligation.

a lot of people are having such a hard time selling their homes now. a lot of pressure i think that exists out there, especially with the economy. charles: the rent is 4, 5, grand. it is nuts. >> it is. you are throwing your money out the window, essentially. i agree. stuart: you're such a traditional american. charles: hey, i became a traditional american. stuart: there's a guilt trip going on, the united nations say we are not doing enough to prevent climate change. is the u.n. just setting the stage for a carbon tax? wait for it. the judge is here. an extended performance again by judge napolitano today. first of all, let's suppose that the u.n. turned around and said yes, we're going to impose a global carbon tax. they can't do that, can they? >> no, they can't. look, the constitution places treaties between the united

states of america and other countries above federal law and in the same category as the constitution itself. but that doesn't enable the president and two thirds of the senate, which is what it takes to sign and ratify a treaty, to change the constitution or to change federal law. stated differently, the u.n. cannot tax us. the u.n. not ban guns in the united states because the right to possess and keep your own money and the right to keep and bear arms are fundamental liberties guaranteed by the constitution. so the u.n. could set guidelines for member nations to follow, but with respect to the u.s., it cannot interfere with the internal operations of the government. stuart: could the united nations not say all right, the dues from all member countries will go up because we need to refunnel that money for climate change. >> yes, they could do that. the united states has not only paid its dues, it's paid many times its dues, because they

have been unable to collect money from other countries. a statement from the 60s, the u.s. should be out of the u.n. and the u.n. should be out of the u.s. it's done us no good whatsoever. even with it here, yes, they could raise their dues. and yes we would probably pay it. and yes they could redistribute that money however they wanted. stuart: you need to keep it short. charles: are you concerned about somehow circumventing the constitution? that this administration would go in with the u.n. and we would essentially be following their guidelines. >> i don't think there's any limit to the wishes of this administration to circumvent the constitution. stuart: you kept it very short. >> shocking as that is. stuart: we don't want to take away your time in the next block. i've got a tragic story and you are going to comment on it. a woman dies overseas after airlines say she was too big, too overweight to fly. now her family is suing the 3 airline. the judge has a verdict on this.

that verdict will be next.

stuart: i have a big merger to tell you about, conagra is buying a company for 6.8 billion dollars. this is why it matters to you. these are the food brands you're buying. conagra makes chef boyardee and

others. the other company makes products for private label. when a food has that label of your local grocery store, it may be from that ralcorp. these two food giants coming together. the dow industrials is now down. the latest reading on consumer confidence best number in 4 1/2 years. the market is still down. all right, everybody, you wanted this, and you are going to get it, the judge back in 90 seconds. a sad story of a woman who was not allowed to fly because she was too fat. she died while waiting for a flight home. across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter.

stuart: we've got a very sad story to tell you about, a woman from new york was on vacation in hungary. delta airlines refused to fly her back because she was too fat, she weighed 425 pounds. she suffered from diabetes and kidney disease. she did purchase two seats, but still delta said didn't have the proper seat belt and other equipment for her to travel safely. they tried three planes. while waiting for a different flight, she died. her husband is suing delta. judge napolitano is back with us. he's the author of the new book "theodore and woodrow". >> you do not give me easy cases, stuart. stuart: at first glance it seems to be easy, what legal grounds does the husband have? the lady was extremely large. they tried to accommodate her on three different flights. >> one of the airlines tried to

put her in a three seat compartment by lifting the armrest between the seats, so lifting two armrests to create three seats and she couldn't fit there. look the airline is not a guarantor of your health. the airline is not obliged to accept you and move you from point a to point b. this woman and i feel sorry for her family, but this woman refused to accept treatment from european physicians whom she chose not to trust. for better worse, it's a judgment call she chose to make. she stayed in her hotel room waiting for her husband to try to get her a flight. i think this case will be dismissed as soon as it is filed on the grounds that the airline had no obligation to assure her a healthy passage because it doesn't have to accommodate a situation so grossly out of proportion. here's the other side, we have something called the americans for disability act, which

requires that all entities in the united states that affect interstate commerce, and airline is a classic example, accommodate all disabilities, that they have reason to know about in advance. they have flown very large people before. they ought to have been prepared to fly this woman now. so those are the two arguments that first a judge will hear, and if the judge says you know what? i think this is worthy of a jury hearing it, then a jury will decide. if the judge says forget about it, the airlines did not have the obligation to accommodate her, then it will never reach the jury. stuart: if they had accommodated her, managed to get the lady on to the three seats, put the armrests up and get her into the three seats and then there had been some turbulence and she'd been tipped out of the seat and then hurt herself seriously, the airline would again have been sued, wouldn't it? >> the airline's obligation would be raised a couple of levels. this is one of the things they were afraid of. once they put her on the plane, they are a guarantor of her

safety, no matter what her physical condition is. if you are about to get on the plane and you say to the ticket agent, i think i'm about to have a heart attack and they put you on the plane anyway and you have the heart attack, they are obliged to care for you. their option is to say you know what? don't get on the plane if you are going to have a heart attack, go to the hospital. stuart: go ahead. >> i feel like these airlines need to have a very clear policy, though. if you are going to allow someone on that can buy two seats, take up two seats, for example, you need to have the security measures. you need to be able to have the seat belts in place to accommodate them, or you need to have is a very strict policy saying if you are filling up more than two seats, you are not permitted on this airline. >> you would need physicians there, if she burst out of the seat belts and had injuries, who knows what the injuries would be. stuart: bottom line is, companies have to jump through hoops to accommodate people in

distress. they have to do it. if they don't do it successfully, they lose millions. that is not a good situation. >> they would lose fewer millions if they reject the person, because once they accept the person, then they are a guarantor of their safety even if they were a delicate teapot or a grossly overweight individual. stuart: judge, you make an awful lot of sense. >> we're agreeing with each other? stuart: i believe so. it pains me. [laughter] >> thank you, stuart. stuart: thank you judge. president obama's second term is shaping up to be a lot like fdr's, the beginning of his second term, not a good thing. my take on that is next. can your hearing aid do this

lyric can. lyric can. lyric can. lyric by phonak is t world's only 24/7, 100% invisible hearing device. it's tiny. but lyric's not just about what you can't see. it's about what it can do. lyric can be wn 24/7 for up to four months, without battery changes. incredibly easy to live with, lyric can be worn showering, sleepingnd exercising. in fact, you might forget it's there at all. call for a risk--free trial. and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section)

(testimonial section) (testimonial section) did you know, 94% of people o use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer.

you'll also get a free informatiol dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. and waiting in line. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. postage for all your letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certified. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including stage and a digital scale. go to stamps.com/tv and never go to the post office again.

stuart: you know we spoke about this at the top of the hour and now senator mcconnell is weighing in on president obama hitting the road to sell his tax the rich plan. quoting senator mcconnell now from a few minutes ago, hh says if the president wants a solution, he should be talking to the people in his own party. we're not going to fix this by drumming up outrage. a balanced approach means real spending reductions now. quick comment? >> obama does not care about a deal. he does not care if we go off the cliff. he just cares that he's not the one who is blamed if and when we do. charles: i agree. finger pointing might win elections but doesn't solve the

crisis. that's why america is in a predicament is in. stuart: let's go to nicole. las vegas sands, paying out a dividend? nicole: take a look at las vegas sands. look sat how well the stock is doing here -- look at how well the stock is doing. this is a day where the dow jones industrials are down nearly 50 points, but las vegas sands is up 4%. they are doing the same thing that dillard's is doing, right, another special dividend here. las vegas sands is approving a special dividend of 2.75 a share. this will now obviously be ahead of the fiscal cliff. so dillard's as we talked about earlier in the show which is all-time high, wal-mart, ethan allen, just to name a few trying to get them in before the new year. stuart: we hear it. thank you very much nicole. let's hope president obama's second term does not begin like fdr's. there are already some parallels, and it's making the pundits just a little nervous. here's my take son 1937 and

2013. 37 was a terrible year. stock prices were cut in half. industrial production dropped by 1/3. and unemployment went back up to 15%. it was the depression within the depression. a book wrote on the 1930s slump draws a direct line between the policy failures then and president obama's policies now. item one in 1937 fdr raised taxes. president obama is adamant that taxes will go up in 2013. two, in 1937, president roosevelt implemented the grand policies of his first term. president obama will implement obama care and financial reform in 2013. three, government spending went through the roof back then. it's going through another roof right now. and finally, we have fdr's pledge to reshape society. he blamed wall street for the sorry state of the economy,

bankers were villains. surely, that rings a bell today, doesn't it? all of this begs the question, will 2013 be as lousy as 1937? i'm not going to make any such prediction, but the parallels with fdr in '37 and barack obama now feed into that sense of anxiety, and there is a strong sense of unease in america today. debt piles up. ben prints trillions. the economy is sluggish at best. and president obama looks like he's returned to the campaign trail, three weeks a f he won the election -- after he won the election. president roosevelt's policies did not bring america out of depression. world war ii did. let's hope that is not another unfortunate parallel. [ male announcer ] you are a business pro.

monarch of markeng analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can evenake a full-size or above,

and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro.

stuart: joining the company now from chicago, larry levin with trading advantage. simple question, larry, why is the dow down when i've got a whole stack of positive news in the background? greece gets its money. home prices up for six months in a row, etc., etc., etc., but the dow is down. why? >> even a good durables goods number this morning. a little bit of a surprise to traders. we saw it today and yesterday. decent amount of institutional selling. i don't know if these

institutions know something or they are kind of getting out of positions they have had on for a while or maybe even putting on short positions. on the highs yesterday and on the highs today at least in the s&p pit where i trade every day we saw a decent amount of institutional selling and that kind of pushed the markets down. now below 1400 in the s&p, where we had been kind offgoing back and forth. watch that closely, 1400 on the s&p. stuart: is it fiscal cliff impasse, president obama won't shift on higher tax rates, is that it? >> it could have a decent amount to do with it. like you said, everything else came out good today. why in the last two days are we seeing not a big sell off but we are selling off a little bit, about 100 points in the dow over the last two days and could be a bit more as we get into this afternoon. stuart: can i say clearly you don't know why the dow is down 50 points? is that right? >> i know there's more selling than buying today. that's for sure. that's what i play on. sometimes the news doesn't necessarily tell us what's going to happen, unfortunately, stuart. stuart: we all want to come up with a reason of the day. there ant always a reason of the day -- there isn't always a

reason of the day. >> not always. stuart: you are an honest, larry, thank you very much. >> thanks, stuart. stuart: on-line sales up 30% yesterday compared to the same day a year ago. joining us now is the owner of better qualified. that is a credit repair company. paul, elcome to the program. >> thanks for having me. stuart: you're a viewer, aren't you? >> i am. stuart: you know what to expect. >> i do. that's why i'm sweating. [laughter] stuart: you do credit repair for individuals and for companies. it is in your interest for people to go deep into debt and to need credit repair. you are cheering on this consumer society. you are cheering on black friday selling and buying when people can't afford to buy, aren't you? >> no, we're actually dealing with the aftermath. stuart: yeah, exactly. >> we don't cheer people on. stuart: but you want that aftermath. >> no we don't. the reason why i'm on the show and the reason why i recently spoke at washington, d.c. at a government affairs conference is

to change the system. stuart: what system? >> the credit bureaus, credit reporting system. stuart: what's wrong with it? >> everything is wrong with it. stuart: three company; right? -- three companies; right? what's wrong with them. >> they are for profit companies, not government agencies. stuart: and you're not? >> i am, but also don't control the lives of 300 million people. you have three repositories that collect the data on all of us as consumers. then you have is a separate company that generates our credit scores. the government consistently tries to put their thumb on monopolies in this country, but yet they overlook the one company, there's only one that generates the credit scores for 300 million people. why is that? stuart: if you think it is fixed and it is a monopoly and the government has its thumb on it, what system would you put in place? real fast. >> i would probably follow the guidelines of the consumer financial protection bureau, and what they are doing is they are going to try and come up with a better system. i'm the first person to agree that we need a tool to measure 300 million people. and right now it's credit scores

and credit bureau. stuart: okay. if you had a better system to measure the credit worthiness of 300 million americans, if you had the kind of system that you want, would it show those 300 million americans are in better shape credit wise or worse shape credit wise? what do you think? >> i think it would show that they are in better shape than they actually are because everyone was stricken with the downturn of the markets, in the housing debacle that we all faced, so when someone has a one 30 day late payment and costs them 30 points on their credit score, but yet they have paid their bills on time for the past 20 years, to me that's a flawed system. stuart: interesting. how much do you charge to rectify some of these bad credits? >> that depends upon the amount of work that has to be done. there's not a fixed price in place. stuart: stuart varney comes to you -- >> average cost is $800. stuart: if i have got a lousy credit score, that would be say 500, that's a pretty bad score, isn't it? >> that's a bad score. stuart: i pay you $800 and you get me a score of 700?

>> there are no guarantees, stuart. stuart: i do pay you the money. >> that's a guarantee. stuart: you could get me from 500 to 700 on my credit score. how do you do that? >> how much time do we have? [laughter] >> we have a six month program that we put clients through. stuart: real fast, what do you do? >> do a credit analysis and we figure out what information is skon the report that's causing you pain. -- what information is on the report that's causing you pain. stuart: do you go to the credit reporting agency and say ease up on stuart varney, he will pay that. >> what we say is if you wish to report that information, you have to verify it and make it accurate, and unfortunately the credit bureaus quite frankly do a terrible job with that. stuart: look, i haven't paid my bills, right? i have a lousy credit score of 500. i haven't paid. i'm in debt up to my eyeballs.

you can't fix that, can you? >> no, i can't. stuart: for $8,000? >> not for $80,000. we would refer you to either a bankruptcy attorney or a credit counselling service. charles: real quick, i'm really scared when you start to say the government should be in charge of this stuff. maybe you should try to create a company to compete against. i know people in banking. and you are talking about this one -- you want to give it from one entity to another single entity. >> i think it should be more regulated, not controlled. more regulated. because i don't think anybody would argue with the fact that the system that's in place right now is not working. stuart: wait a minute. wait a minute. the current system which you don't like is serving up customers to you for an average of 800 bucks to fix it. >> that's right, call me crazy, put me out of business. stuart: i'm worried about a man who wants to fix a system which is supplying customers to him.

>> somebody called me crazy. that's the reality of this situation. i was in the mortgage industry as a mortgage broker, and i went into the credit repair organization -- stuart: mortgage broker? >> right. went into the industry to change the system, not to take money from clients, but fortunately over the past seven years we have helped lots of people fight the system. stuart: would you come back on this program? >> i would love to. stuart: you really would? >> yeah. stuart: okay. [laughter] stuart: thank you very much indeed. >> thanks for having me. stuart: every year on black friday, it seems like grown adults get into violent confrontations while shopping, fists fly, people tackled to the ground, kicked in the head, what pushes people to this point to do that? wait for it. dr. keith ablow explains next.

stuart: i think we've identified a growing trend, and it's happening now. companies paying their shareholders big dividends and sneaking them in before the end of the year. if nothing changes, remember, january the 1st, dividends, taxed at maybe 15%, maybe as much as 39%, pay the money now, avoid the tax. dillard's the apartment store is paying a special one time dividend of $5 a share. it will be paid on december 21st. las vegas sands, casino company,

$2.75, a special one time dividend. that will be paid december 18th. weight watchers moves up its regular dividend, paying 17 1/2 cents a share. it's paid out december 14th instead of early january. pay now, avoid the tax. check the overall market. the dow is down 46 points at this moment. back in 90 second with dr. keith ablowell. -- with dr. keith ablow. what's wrong with people getting into fights on black friday? tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany.

tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around theorld tdd#: 1-800-345-2550 as if i'right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an ge. tdd#: 1-800-345-25 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i so have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 d economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 20. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-866-294-5409 tdd#: 1-800-345-2550 and a global specialist tdd#: 1-800-345-2550 will help you get started today. stuart: all right, crocs, would you wear them? it doesn't really matter because

the stock is way up. i want to know why. nicole? nicole: the stock is way up and this is on a goldman sachs call. they are looking at crocs very closely. they looked at all footwear makers and like crocs for near term earnings visibility and potential share repurchase catalyst. you are seeing the stock up over -- up over 7%. stuart: would you wear crocs, nicole? nicole: yes. >> i wouldn't, but i'd wear uggs. stuart: charles? charles: no to either one, crocs or uggs. stuart: crocs is up 7%. thank you one and all. we want you to watch this video while i explain to you what you are seeing. three men, black friday, huge fistfight, it is a brawl. it started over women's underwear. two women were arguing over the discount underwear bin at victoria's secret. the men stepped in. it escalated into what you're

seeing now. what is wrong with these people? dr. keith ablow, fox news medical contributor joins us now. is there anything wrong -- >> how are you? stuart: i'm just fine, thanks. is there anything wrong with these people because you could say thhse men were defending their woman and their honor, couldn't you? >> i guess you could say that, but the stimulus for doing so would seem to be so meager that another explanation is called for, and here's the explanation. if you think of consumer goods when promoted vigorously and when seen as a key to people's self-esteem as a drug, well, then you have people competing not just for that, but for something that people think will be transformational for them. when their they are -- when

they are in that mode, it's motivation on display. stuart: you are really going deep there. >> my patients say that to me all the time. i think it is really that deep because the truth is all of these brands become not something that's discretionary but something that people actually need at a time when their own self-esteem and sense of self may be suffering, job loss, a sense that maybe our nation doesn't have the same sense of strength that it once did for so many people. what do they do? they say well, i'm okay if i'm wearing those shoes. or if people come in my house and i have that flat panel tv, i'm doing well, and i can get it for half as much without the guilt of overextending myself. they're fighting for a sense of false self. that's what they are actually battling for. stuart: do you approve of

america what it now is, i think it is very much a consumer society, buy, buy, buy, spend, spend, spend, there is satisfaction merely in spending money, whether you want the product or not? >> i think it's devastatingly negative. the fact that people will sleep in lines to get a phone that think is quicker or sleeker or that will lead others to envy them is a tremendously bad sign as to the spiritual core of americans. stuart: with respect, dr. keith, i think you have it wrong. i think people enjoy the spectacle, the event, the occasion. youngsters go shopping on black friday to be with everybody else. get a feel for that intensity. i think it is an occasion. that's what they are there for. >> well, i think they are worshipping at new churches and temples called stores. that's where they derive a sense of self now, not at traditional

houses of worship or from family. i agree with you and disagree with you at the same time, if that's possible, in this the sense i think they are there for the spectacle, however, what they are feasting on may as well be a crack pipe that they are sharing and just as dangerous. stuart: dr. keith, fascinating stuff, why are you such a stranger to varney & company? you need to come back. >> i want to come back. i feel like sometimes i'm an invited guest, not quite part of the family, but i would like to be. stuart: i would like you to sit on the set next to me and give me a hug. do you remember that? >> i do. we will do that. we're family. stuart: dr. keith, thank you very much indeed. [laughter] stuart: now to a different subject. the latest power grab by egypt's president, it may prove one thing, a true western democracy

may not be able to exist, you can't bring it on in a muslim society. i'm going to discuss that with someone from the american muslim forum. he's going to join us. we have posed that question to him before. the value of quality time and personal attention. which is why we are proud to partner with healh care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health tcomes...

and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪

stuart: speaker boehner

following senator mcconnell who criticized the president for going ton the road to sell -- going on the road to sell his tax the rich plan. speaker boehner says the target of the president's rallies should be the congressional democrats who want to raise tax rates on small businesses rather than cut spending. the muslim brotherhood taking over egypt. mohammed morsi is putting himself above any kind of review, basically making himself a dictator. joining us is from the american islamic forum for democracy. let's get straight to it, we pay egypt billions of dollars per year. it's been taken by the muslim brotherhood. they now have a dictator, should we keep paying? >> absolutely not, stuart. it is so important for us to not only stop paying them but the imf for example yesterday said they were going to pay 40 billion, so, you know, i think ultimately we need to have a strategy to engage their ideology. they're proving themselves over and over again to be dishonest

and to be just another dictator. we are seeing people come to the street. you know, stuart, i know you asked that question before the break about whether democracy can hold. the people are coming back into the streets. there is hope, but won't be able to do it in a vacuum. we need to back the people in tahrir. the brotherhood did not win with a majority. they are proving themselves to be another dictator and revolution 2.0, 3.0 and ultimately it will evolve. stuart: i have to press that point. nowhere in north africa, nowhere in the middle east at the moment, islamic societies, muslim societies, nowhere is a democracy present any way shape or form that we would recognize as a democracy. at the very least it is a long long away. and people like me say the two are not compatible. go. >> my book talks about how it can be. it is not now but can be in the future. we need to take the sides of those on the street, those that

can make that society grow. even us in america, when we had our revolution, it took us a while. it took us a civil war and even hundreds of years until we started to realize our own ideas and what freedom and the separation of powers is. if egyptians are going to understand the separation of powers, balance of powers, they need to be pushed to accept rule of law, and they have not been pushed by america or the west. stuart: i'm sorry to cut it off short, doctor. we're very short on time. we always appreciate your opinion. thanks for coming on today. >> thanks, stuart, any time. stuart: more varney & company is next. can i help you?

i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ engine revs ] ♪ ♪

[ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. stuart: brief final thoughts. >> he will keep campaigning. make your case. stop with these little soundbites. explain why your argument is better. explain your policy. >> they need to do it. the