>> a very big test of obama's leadership in september. here it comes. obama care is set to launch october 1st.

there are budget and debt ceiling deadlines end of this month and a decision has to be made on whether or not to attack syria. and david web joins the company now. do you-- i know what you think about the president, okay? i know-- >> we have policy differences. stuart: policy differences, but do you expect that this president will reverse course on any of those areas, whether it's budget, debt ceiling, obama care? >> no, he won't. why should he, stu? it's worked for him in the first term and second term not having a budget, legislating by fiat. he met with the jobs council four times. it's big government bureaucrat, when he leaves he's leaving his mark in the bureaucracy. stuart: but his legacy, if he were to change course, his legacy would be a growing economy, growing prosperity. >> we tried to project what we want a president to do. this president has a different view of america, america's

economy and culture. he sees it as government dependent, he's a big government liberal. beyond a big government liberal and that's his legacy that matters and that's what we need to realizing, stop projecting on him. stuart: and now liz macdonald is with us and a few moments ago liz was saying we are going to see a rally in a couple of minutes' time. it's nothing to do with syria, it's about interest rates. the market wants ben bernanke to continue to print money and occurs to me that the market wants president obama to keep spending money and ignore the deficit. he's doing what the market wants him to do. >> stop pretending the market-- the shth ma moves faster. the government is like a turtle. they react, act, we've got world investors and something else, while everybody is talking about oil in syria, think about it. we're still the reserve currency, the best bet on the planet when all else is going

to hell in a hand basket, especially when it comes to the cypruses, the greeces, france. look the a the countries and where the markets are moving. we are in it. stuart: we print more money, we spend more money and the market goes up. >> which is terrible for the measured american economy. and the economy is the strengths. stuart: i should be cheering on ben bernanke, print more money. i should be cheering on president obama. go spend some more. don't worry about the deficit because that way the market goes up. >> but if we look long-term, and that's what i look. i don't look in the election cycles or the next week or days investment. long-term is better for this country, 20, 30 years from now. if we don't fix things out, turn the state of ship around, our economy will live on a bubble, dot-com, housing, student loans, you name it, the

bubbles are there. that's not good for our children and our future. >> david webb, thank you for another voice of sanity. seriously good stuff. david, we appreciate it. time is money and we say it every day. in 30 seconds here else is what is making news, longshoreman's union cutting ties with afl-cio over obama care. 40,000 members and the president's signature health law. and he's itching to weigh innen 0 syria. can the president still attack even though congress tells them no? of course he can. what's the judge going to say with you. and a man who pays for a hole in one or a basketball half court shot. how much do you have to pay for that insurance. hundreds of billions being spent and all of the stocks are

moving big time. first of all, here is this. diana nyad, 6 of 64 years old. 53 hour swim without a protective shark cage. yie nyad first tried in 1978. is a lesson in pure determination and spirit for anyone, but at 64, incredible. now, that's an american. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees.

♪ it's not rocket science. it's just common sense. from td ameritrade. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend?

no. [ male announcer ] share more. save more. at&t mobile share for business. ♪

do you mind grabbing my phone and opening the capital one purchase eraser? i need to deem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that fligh right there. mmm hmmm. give it a few taps, and...it's taken care of. this is pretty easy, and i see it wor on hotels too. you bet. now if you like that, press the red button on top.

♪ how did he not see that coming? what's in your wallet? ♪ >> earth wind and fire introduced to the show this morning and big september underway. debt-- what was that? that's a cover version, i'm told. >> it is a cover version. stuart: you steered me wrong. charles: i apologize. stuart: and debt, budget, obama care, decisions and deadlines on all of the issues are coming. do you think the president's going to compromise? i don't, but we'll be discussing that. we're a minute from the bell, come on in from chicago, scott shellady. scott, i don't think -- we are going to see a rally, i don't think it lasts. what say you? >> you know why you don't think it's going to last because ultimately we'll have to rely

on the economy to get that higher. something's got to give. you can't have syria, obama care exchanges and the debt ceiling debate and think we're going to get out in front and taper. we've got the market higher because we might continue this bond buying program. but once that's tenured they'll push the president to the level they don't know what to do. 3% interest rates and not doing well on the economy. i can't wait to see what happens. something's got to give. stuart: that's fascinating, yet again, someone is saying this rally and it's now all underway is not all about syria, far from it. it's about the fed printing, the economy, friday's jobs report coming in weak. now the dow jones industrial average is up 36 points in what the first 30 seconds of business. and a lot of people expected a more explosive rally than that. 41 points higher. 30 seconds of business, 40 points higher.

interesting. billion dollar deals with big names that you know this morning. first off microsoft buying nokia's handset business more than 7 billion there. 5 billion for the devices, 2 billion for the patents and by the way, 32,000 nokia workers move across to microsoft's payroll next year. all right, i own microsoft. i wish i owned nokia shares. nokia is up 37%, is that? and microsoft is down 5%, ouch. verizon agreed to pay $130 billion to buy vodaphone out of verizon's wireless business in america. that's the third largest corporate deal in history. $130 billion? cash and stock is this deal and gives verizon full access, unrestricted to the profits it makes from the largest mobile operator in the u.s., but verizon's down, vodaphone is also down. when will we get a new and exciting gadget from apple? don't know.

tomorrow though, samsung will unveil the first smart watch, as well as a new galaxy smart tablet. i've been told that apple's iphone 5 s will be announced, but i see it's up $7. >> a lot of news in technology. the apple stock is up 1 1/2% at 49 494.55. and samsung is beating apple to the punch withwarable devices. i've been waiting for the i-watch and waiting and waiting and now i'm hearing that samsung is going to beat them to that. what you're noting for the apple iphone 5 cs and coming out. stuart: by the way, we will have the samsung smart watch here on the set and check it out personally on friday of this week. nicole: cool. stuart: we're up 69 points, 70 points after what, 2 1/2 minutes' worth of business.

not -- okay, now, microsoft and verizon, they are both dow stocks, and they're shaving, the two of them combined, because they're down, they're shaving about 25 points off the dow industrial. without them, we would be 100 points higher. take a look at the price of gold, please. here again, we're wondering what's the influence of syria. gold is up at 1401. now, look at oil. it was down just a few cents earlier and now is down 34 cents, that's it. $107 a barrel. go back to scott shellady. i see two negatives for the market from syria. number one, the fear of retaliation if and when we make an attack and number two, the perception of american weakness that encourages our enemies. i say those are negative for the stock market long-term. can you analyze syria for us in this context? >> i think you're exactly right. we've drawn a line in the sand and unfortunately we'll have to

back it up or pull back and send the wrong message to the rest of the international community. we have a lot of problems internally to worry about, forget about syria. i want to go back to the question about interest rates, again, stuart. it's like a bathtub, the taper is the faucet and the drain is raising rates. we've got a situation at home folks talking about turning 0 of the taps and pulling the plug. we can't have both going on at the same time. the stock market can't take it, let alone having syria in the mix as well. so, with syria in that region, it's not a big oil region-- not a big oil country, but that oil region is something we have to worry about. i'm not worried about the retaliation, but if you're old aunt bessie died and gave you $20,000 it would be irresponsible to put it in the stock market all at once right here. stuart: interesting, scott. we're watching this and you're going to be part of it whether you like it or not. lots of stocks news for you this morning. like this, the ceo of the drug

maker has been resigned and says health problems here. any impact on vivus. nicole: yes, they're the one that boxed the diet drug and only recently came on board and talking about health issues and having to step down. it's improved some. it was lower and now it's close to the flatline. stuart: dead flat almost. anded a yankee candle to brand names owned by like mr. coffee and sunbeam's parent jardin. nicole: and making any coffee or anything, a crock pot is always good, too, another name under the jardin umbrella. they have raulings baseball equipment and now adding yankee candle to their house. 1.75 billion dollar deal. stuart: all right. and i hear you, yeah, now, i just want to get back to the dow for a second. we are up 114 points. i say it's got something to do

with syria. other people on the show, everybody else on the show says, uh-uh, stuart, you're wrong, it's that ben cannot stop printing money this month. because of all else going on. 118 up. coming up at 10:00, the judge returns. we are going to ask him this question, what if, what if congress says no, but president obama attacks syria anyway. what if? the judge 10:15 on that one. we're only three days away from the august jobs report. come in, economist michelle, we need your forecast because these numbers are going to be very, very important for the market, for investors and for you and i. go. >> they are, so, we're looking for a job gain of 16,000 up and not much different than the last couple of months, subpar, but i tell you, listening to what you've said.

i am not as confident, i guess, as others in the marketplace that this is what's boosting the stock market today. that even those numbers, though they're far from stellar, would deter the fed from tapering. i have to say i almost think it's a done deal. we may get a smaller tapering, but i think the groundwork has been laid and if they kind of deliver on that, i just can't see the fed taking a pass, i guess, in september even with everything going on. stuart: i'm not quite clear. you're saying in the month of september there's no way on god's green earth that the fed is going to stop printing as much money as they print now. is that what you're saying. >> i don't want to ever say no way on god's green earth, because that's just begging for something to happen to make me look more foolish, but i feel like in most sense, it's kind of baked in the cake. at least some small action, some small cut, just to get the process started.

i feel that the fed-- you know the economy is not certainly by any means growing healthily, but at the same time in the face of what they think is significant fiscal, it isn't a crisis anymore, so for them, i think it's enough for them to scale back a bit and start that process of tapering. stuart: now, tell me about long-term interest rate on 10-year treasuries. 2.83 or 4 something like that. you're saying it's going to 3? . it could. i mean, really 3% causing a significant hit to the economy? i mean, let's take a step back and realize, i mean, in terms of recent change, the economy is facing higher rates, but still very low and attractive and don't forget, this economy is not as tight, i think, right now to interest rates because credit had as been so tight. it isn't as if this recovery has been driven by people taking out-- it's been a deleveraging and

we've seen it deleveraging. stuart: i want to wrap this up. basically you're saying the federal reserve may cut the amount of money they're printing and may do it this month and it won't be by a lot and the market has taken heart from that, yeah, that's what, that's your bottom line here? >> right, very likely to still cut. it will be small and i think the markets can weather that although from where they are today, maybe that's a bit of a surprise. stuart: michelle, thank you indeed for joining us, much appreciate it. >> thanks, stuart. stuart: liz, expect we will be talking about nothing, but syria and the exact opposite is the case. you don't agree with michelle? >> no, i don't. new home sales are not coming in strong and because rates are raising and also refinancings are dropping because of rate rises and that's key for the housing recovery. stuart: he keeps printing? >> mortgage-backed security and scaled back and goldman sachs is saying, too. >> that's why the dow is up 115 points. >> possibly, as we have optimism there. yes, we have confidence there.

syria could royal the oil markets and we saw that two years ago with libya and oil spiked nearing 111 a barrel and holding steady at 107. if we go higher on oil, the brent sweet crude, too, that could hip the economy into reception and that's something the fed has to consider as well. stuart: the market doesn't care, print, print, print. >> almost 120. stuart: look at that. i think that syria has something to do with it, but intrigued by the argument it's still all about ben. liz, fatnating. thank you, indeed. and president obama's decision pushes to congress and won't take action. the question, is the president perceived as flat-out weak overseas? his reaction to that, colonel north. >> and i think the president made sense in a lot of things to say, but we're a long way for achieving what i think would be a most effective strategy. announcer: where can an investor

be a name and not a number? scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to low some cholesterol. metacil. 3 amazing benefits in 1 super fiber.

...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. nascar is about excitement. but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans.

i have a great fit with my dentures. i love kiwis. i've always hathat issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. super ligrip free made the kiwi an enjoyable experience. [ charlie ] try zinc free super poligrip.

>> 109 points higher for the dow jones industrial average in the first 15 minutes' worth of business. as for the price of gold, we're hovering right around the 1400 level this morning, a gain of 6 bucks, 1402 is the price. let me return to microsoft and verizon, the two dow stocks, both are down big and both are involved in big-time deals. put them both together and because they're dow stocks, they're taking 25 points off the average, it would be up 130 if it weren't for the two stocks. and cbs and time warner reached a deal to turn cbs back on in time for the start of the football season, both are up. defense secretary hagel and john kerry will testify today and layout the case to make war

on syria. president obama, he wants congressional approval as he heads to europe for the g-20 conference. no vote is going to take place in washington until next week. let's bring in fox news military analyst, colonel oliver north, the host of war stories. all right, colonel, if we wanted to hit assad, hit him hard and make him pay for the gas attacks, how would you do it. >> you'd start by building a national incoalition that would help you do it. that's how traditionally, it would work best, cruise missiles on their own are not a strategy, it's never worked that way and it's not going to this time. if you look back to just last august, forget going all the way back to the start of this whole thing with the arab spring in 2009. he went off prompter and issued his red line statement that did nothing to build an international coalition or a domestic political support base for action. real leaders are supposed to ask, what if, and if then?

but he was too busy campaigning and covering up for the ben gazi terror attack. and this time last week was handing out lists for tomahawk strikes and talking about a quick, limited no boots on the ground, to back up the red line comment. then friday, the brits bowed out and the french couldn't deliver anything bye croissants so our lead from behind leader had a panic attack. his announcement on saturday and i was here at the bureau when that happened. it was a blatant example of a total failure, a cop-out, if you will, and throws the onus out of a committee of 535 people in congress to come up with not just approval, but a strategy because he doesn't have one yet, that's the problem. stuart: as of now it doesn't look like he's got the votes in congress to go ahead and do this strike. if that were the case, if it were no strike, what happens to us militarily?

presumably assad does something dramatic? >> well, one of the reasons why we've got this ambivalence in congress, immediately after he made those remarks, well, 1:00, 1 1:30 in the afternoon, he played a round of golf with joe biden instead of calling the congress. and he's now going to the g-20 and use some of that time to deal with it and putin has his own idea what a reset button is. nothing happens until the 9th of september, when congress come back to pull his fat out of the fire. my guess, by then the congress will approve some kind of action because at this point, stuart, we have to do something meaningful because our allies don't trust us anymore and certainly, our adversaries, don't respect us and won't unless we do something meaningful. stuart: so what do we actually do? your best guess, what do you we do? >> two or three days of cruise missile strikes, that's not really a strategy, but if it's

followed up with real support to a real secular, if you will, freedom fighter movement with a free syrian army, that could make the difference and bring some of those european allies back into this and we've seen that footage of that man pat bringing down a syrian jet today. and things are going downhill quickly in syria. stuart: that's your best guess of what will happen, yes? >> i'm hoping he'll do that. i think that's probably what people like john mccain are arguing for and obviously, between now and the 11th of this month, eight days away, he had better beef up security. and in subsaharan africa, that anniversary is always going to be a great day for terrorists. colonel oliver north, very good. thank you for being with us. >> my pleasure, stuart. stuart: all right. coming up next, my take, as september goes, so goes the next three years. i'll deal with that in my take after this.

♪ while you're away don't forget to write♪ ♪ see you in september

>> the names you know are in the news and there's a big

winner, jarden, the parent company of mr. coffee, crock pot and now buying yankee candle and the stock is up nearly 6%. grover norquist is in the studio and discuss john boehner insisting on spending cuts in any debt ceiling deal. will the president compromise with boehner this time. look who is back? judge napitano, rested and ready to sound off on president obama. can he use executive power to strike syria, even if congress says no, don't do it? we'll ask him. all right. everybody, it's a day after labor day, back to normal, or is it? here is my take on september. this one will be a september to remember. at the end of the month, obama care, insurance exchanges, they're supposed to be up and running. at the end of the month, we are supposed to have a budget. in the middle of the month shall the president should have made a decision, attack syria or not, and just over the horizon, a few days into

october, we run out of money and we have to decide what terms we will borrow trillions more. now that's a very big month. nobody knows how these issues will eventually play out. but very soon, woo we're going to find out how president obama's second term will play out, on debt, spending, taxes, foreign policy, the die will be cast. yeah, it sounds overly dramatic, but september is the rubicon that will have to be crossed. what i'd like to see, hit assad hard, send a message. gas children and you will pay. two, get a budget that includes tax cuts, yes, cut tax rates and cut deductions so we can grow the economy. three, delay obama care, avoid the chaos. four, force the president to negotiate over the debt, so it's not all tax and spend forever. i know, i know, i know, it's all wishful thinking. president obama will probably

do none of the above. but that's the point about september. nearly five years of tax and spend at home and weakness abroad have brought us to this. decision time, with the president's second term on the line. the economy, your money, and america's standing are on the line. yes, indeed, september a very big month. hard it can be to be and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. 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, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? don't wait to ask your doctor about spiriva. all your impnt legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side.

stuart: back to school, but surely not that to normal. there will be nothing normal about september. first off, grover norquist on taxes. another union on obamacare. the judge is back. how long will he be if the congress says no and the president attacks anyway? how much does it cost to inshore a million-dollar prize for a hole in one? we will tell you. welcome to the second hour. ♪ stuart: check the big board. i just got some numbers on isl.

a reading of 55.7. that is up. that is where we are after a half hour of business. microsoft is buying gnocchi has handset business. i wish i was a gnocchi of shareholder this morning. the president is waiting for congress to approve a military strike in three out. is this all about a delay? charles, we have been split on the show so far this morning. this is still about then. weak economy, prince more money,

market goes up. i came in this morning thinking syria would absolutely dominate. charles: no matter what we do in syria that will not change peoples minds. it does not make even a fraction of a difference. i do believe that there is another public relations aspect to it that has nothing to do with the stock market. stuart: you have evidence to suggest that the market rally is about the economy and the fed. we have construction spending going up. two numbers out there two minutes ago.

the market has come down a little bit. we are getting into the weeds here. maybe you guys are right that it really is about the economy and bernanke. charles: we need good news. stuart: i have to go to nicole petallides. murphy oil will upgrade. what is the stock doing? nicole: the spinoff occurred on friday. murphy oil is down 13.5%. they have a $76 price target. they do think that there is upside potential. stuart: charles, you had murphy

oil as an upgrade. you want to explain yourself? charles: not yet. [laughter] charles: give me 24 hours. i do not know why it would be down so much. we have a two-minute warning to the president. he is meeting with lawmakers on syria. the international longshore warehouse union cutting ties over obamacare. they say we feel the federation has done a great disservice to the labor movement and all working people. former mcdonald's chief joined the company. another huge hit on obamacare. how do you read it?

>> i think that the wheels are coming off the wagon. they created this monster, pelosi and obama. this business with the long sure vince really is about a tax on cadillac plans. people do not look at it that way. this is about single-payer, government controlled, rationed medicine. get control of the people, give them what they need and they will vote for us. stuart: i have some videotape of the president. he is holding a series of meetings this morning inside the white house. two sets of meetings, actually.

a little bit later on, he will be meeting with all members of congress who are in washington at the moment. it will be a closed door security briefing. listen to this for a moment. >> as i said last week, as secretary kerry made clear in his presentation last week, we have high confidence that syria used chemical weapons that killed thousands of people, including over 400 children. that poses a serious national security threat to the united states and to the region. as a consequence, assad needs to be held responsible. i have made a decision that

america should take action. i also believe that we will be much more effective, we will be stronger if we take action together, as one nation. this gives us an opportunity to present the evidence to all of the leading members of congress. it also gives us an opportunity to discuss why it is so important that he be held to account. this norm against using chemical weapon, that 98% of the world agrees to is there for a reason. we recognize that when certain weapons are used, not only can they end up resulting in grotesque deaths, but can also end up being transmitted and can pose a risk to allies and

friends of ours like israel, like jordan, like turkey. unless we hold them into account. it also sends a message that international norms do not mean much. i will be working with congress. we have set up a draft authorization. we will be asking for hearings and a prompt vote. i am very appreciative that everyone here has already began to schedule hearings. the key point that i want to emphasize to the american people, the military plan that has been developed by our joint chiefs and that i believe is important is proportional, it is limited, it does not involve boots on the ground. this is not i rock in this is

not afghanistan. it will send a clear message. there are consequences. it gives us the ability to do great assad capabilities. it also had a poor strategy that we have to make sure. ultimately, we have a transition back and bring peace and stability. i want to emphasize once again what we are envisioning is something limited, proportional, it will degrade a lot of assad's

capabilities. it will allow syria to free itself from what we have been seeing on the ground. i look forward to listening to the various concerns of the members that are here today. i am confident that those concerns can be addressed. i everyone recognizes the urgency here. with that, to all of you here today, i look forward to an excellent discussion. [inaudible] >> i would not be going to congress if i was not serious about consultations and believing that by shaping the authorization to make sure we accomplish the mission we will be more effective. so long as we are accomplishing what needs to be accomplished,

which is to send a clear message to assad, i am confident it will hit that mark. thank you, everybody. stuart: that was just moments ago. the president speaking there. holding a series of meetings this morning. he is putting heavy pressure. he wants congress to vote in favor of action. the president says that action would be proportional, limited, no boots on the ground. as he was speaking, the price of oil went up a little. the price of gold went up a little. joining us now is judge andrew

napolitano. back from a long vacation. perfect timing. he is putting very hard action on congress. suppose they vote no. do you think the president would still go ahead and act? >> that congress has already authorized the president to engage for up to 90 days. president obama, who once was a professor of constitutional law, knows that he has this authority. why would he be asking the congress to authorize him to do something that he already is authorized to do? it has to be for political reasons. stuart: he wants support.

>> can he do this even if congress votes now is yes he can. he would really be boxed in a corner more than he has already done. charles: is that not the stated point here. >> assad has already killed over 100,000 of his own people. how do they decide that when they reach that number and when they used this means that it suddenly a fax the security of the united states. it does not. it has nothing to do with our national security.

stuart: i would contest that. if we do absolutely nothing, if we do nothing, does that not encourage other actors to proceed with plans to go. us or anybody else with all kinds of nukes and chemical weapons. >> where will we draw the line? stuart: poison gas has been used. you could make the argument that it is and america's art to stop it from ever being used again. stuart: that was then. this is now.

i am saying that there is an argument to be made. >> is there a lesser way to intervene? is there a way to intervene without killing people? his opponents are our opponents. his opponents are al qaeda. it is against federal law to help al qaeda. stuart: not all of them. we are told, not all of them. do you think the country is ready for yet another war? >> no. if you have grandchildren that are 12 years old or younger, they have never known life without war.

stuart: you will not hear any argument that says you used poison gas and killed thousands of people. hold on a second, let's summarize what just happened. the president has gone on television. you heard him say he wants a proportional, limited, no boots on the ground in syria. as he was saying that, the price of oil has gone up a little. the price of gold has gone up a little. the stock market has been dead flat. last word, judge. ten seconds.

>> the ability of the government to pay its bills. grover norquist. the president does not even have the money to engage in this. does that change your mind? stuart: wait a second, i am not arguing for war. i am arguing for a strong and vigorous response to the gassing of children. >> so unpredictable. it is so relevant to our national security. stuart: judge, welcome back. and ramsey is still with us on obamacare. we have a deadline at the end of this month.

will we do this? will we see it fully complemented? >> i think so. a total lack of leadership. you wait until these young people find out that they have to buy a $2000 health insurance policy when they happen where had to do it before. it is going to put a lot of small businesses out of business. it will be the largest tax increase on the middle class that has ever happened.

it is not a tax, it is a penalty. this thing will be a mess. stuart: interesting. i am sorry we cut you short there, but it was good stuff. thank you. the president speaks, the dow is up 81. house speaker john boehner is vowing to fight president obama over raising the debt ceiling. he promises a whale of a fight grover norquist joining us today in new york city. do you think that the republicans will cave again and submit to the president who want a blank check to borrow more money and spend it? >> he wanted to increase the debt ceiling by 2.5 billion.

the republicans said no. people said we would go off a cliff. stuart: they had not paid. republicans did not cave. he also thought the sequester would never really happened. he believed that some republicans would bust the sequester. that did not happen. it is two-three times the watch the size of his request. he will pay for either of those.

stuart: the president today is taking republicans for support on his syrian attack. no extra leverage? >> no. i think we should keep these two issues very separate. the president would like someone to hold his hand. the second fight we have is do we get a delay of obamacare? he has delayed business.

they do not want this thing to blow up between now and next november. we have allies. it is a reasonable request. stuart: welcome and thank you for being with us today. judge napolitano studying his blackberry there -- [laughter] >> he caught me. stuart: excellent stuff, everybody. the debate continues in a moment with the dow up 78 points. ♪ you know throughout history,

folks have suffered from frequent heartburn. butetting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. zero heartburn. [ male announcer ] one pill each morning no two people have the same financial goals.

pnc investments works with you to understand your and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪

, ♪ stuart: the president goes on television saying he will make a determined case to attack syria. the dow jones is up 83 points. it was up 100. oil and gold moving a little bit higher since the president came out with a strong forceful statement saying i want action. sandra, i want you to join this conversation. is this because of a delay in

syria? >> this market continues to price and a fad. not only does that boost the stock market, but it makes our currency stronger. we are also looking at oil right now. there is a very clear spike in the intraday chart. they are listening intently. stuart: i came in this morning thinking that this market, all market dancing to the syrian drummer. not so. clearly, bernanke is still playing a role in this

marketplace. you come down on the side of the fence that says it is bad on bernanke. sandra: i have had some very friendly arguments with charles payne. we differ on that. i do believe that a lot of this is that printing money. you will continue to see health for the stock market. charles thinks that these companies are growing on their own. not so much. that is why we can see the stock market going higher. charles: i disagree. tell me what cuddy is not going on its own. show me where the numbers are wrong. we all went out this again and spent real money on real items

for our families. we did not do it alone. all of that spending becomes corporate profits. sandra: look at how weak our u.s. dollar is picked those profits go straight up. why is the dollar weaker? because of the printing. they are getting a lot of help from the fed. stuart: an argument and a half. let's go to charles to make some money. charles: this is a pure play. i am not sure how much credit they will give bernanke. the bottom line is, when they reported revenue, cash flow

330 million. up 62%. this company is missing cash. stuart: a pure play. charles: several properties there. they will build another tower later on this year. they also have a project in manila that looks phenomenal. it is a amazing play. we know sometimes that china tries to regulate how many people go there in any given. overall-- you have been there. stuart: i have been to the casinos there. it is just a pile of cash. charles: only as a trading vehicle for the last ten years. now i like it as a buy and hold.

melco crown. thirty-five is my target. i am a little afraid to go. i may not come back with anything. [laughter] stuart: we have a new development. why did the agency target people like this? >> i am not interested in excellent political points. i want to protect and preserve the america i grew up. the america that people cross oceans and risk their lives to become part of. i am terrified it is slipping away. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves...

futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade.

stuart: nokia's handsets business paying $7 billion total, $5 billion for the device business, $2 billion for the pans and 30,000 nokia workers move over to the microsoft payroll next year. i own microsoft stock, which i own nokia which is up 35%. microsoft is down big. president obama saying earlier this hour he is confident congress will approve the strike on syria. let's go to rich edson. is the vote were held today, is it a yes or is it a know? >> if this were the type of

thing we were putting money on i would stay away from this bet on both sides. you have real concerns with democrats and republicans for different reasons. you will have an amendment process democrats and republicans in the house and senate to add or subtract from this war resolution but the problem is some like senator graham, john mccain, looking for the administration to do more with syria. is looking to constrain the administration which is what happens when you leave that up to lawmakers, folks with different ideas. stuart: time is not on the president's side. he leaves late this afternoon or tonight for europe and russia. >> this evening he goes to sweden and the the 20 and russia. don: stuart: how long will he be a way? >> the remainder of the week and what the administration is saying on the time sensitivity is it doesn't matter when it comes to the targets, they are as effective now says the president as they would be next week but we are getting reports

from fox that it is expensive to leave these destroyer groups in the eastern part of the mediterranean so while they are there on a state of alertness that is expensive and also wears down the forces. stuart: thank you very much rich edson in washington. backdrop on the markets, the dow is up 85 points, the price of oil has gone up the little. the price of gold has gone up little after the president appeared on television half hour ago making that forceful demand for action against syria and a positive vote in congress. do you remember the irs can do? do you remember is that? 111 groups requesting tax exemption as nonprofits were targeted because of certain buzzwords on their name or applications, all but 7 of those 111 groups where right meaning. let me repeat that, 11 groups taken aside, targeted, almost

all of them. all but 7 were right leaning. this scandal has gone away. >> the argument we heard from president obama and his friends is a phony scandal, let us move on because the idea was the irs targeted people on the left, it was a fair and balanced approach. my conception of fair and balanced isn't 6 or 7% of the people on the left of these groups and 94% were on the right. that is highly unbalanced and if you look at the actual way this has broken down 80 is an example of discrimination. stuart: a glaring example intimidation of groups on the right. is it meaningless? nothing about this -- >> in the sense the press largely don't want to put it this anymore but there will be more hearings in the fall which is a good thing, more people will be brought forth and not just the groups that were targeted on a right versus left but questions that asked, the

house ways and means committee groups on the left or ask five questions for application, those on the right got 15 questions. among those who were expected, waiting for answers from the irs zero% groups were waiting as of may 31st, '56 groups are waiting for an answer. a lot of groups are not getting yes or you are not, get on with your life, in limbo, which is the worst case of wall. stuart: to open this thing up, to make it a scandal again with political ramifications you would have to find some kind of memo, text, e-mail, message between the irs which was doing this intimidation and the president's campaign or directly into the oval office. if you don't have that connection you don't have a significant political in meaningful scandal. >> one thing would help the lot, bring in lois lerner, in the middle of all the center of the fifth amendment. she is on administrative leave

earning $175,000 a year and staying home and may be watching us at the moment. bring her in and give her immunity and ever before the ways and means committee or the government reform committee and answer questions. stuart: are republicans in a position to make that demand? we want to ask you. >> they could work that out. they have subpoena power and should subpoena people and bring them in. i make you think they will? >> don't know why they're so reluctant, they have the legal authority to subpoena people and bring them in and say you must testify and they are doing a little of that. is a doing a nokia job that could be more aggressive. stuart: totally overshadowed by what is going on elsewhere. >> a horrifying situation. stuart: yes it is. always a pleasure, thanks for joining us. according to a study you're turning your back on american made cars. turns out you are like honda, toyota, better than ford and chevy. find out why after this.

in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account.

stuart: standoff between cbs and time warner cable has come to an end, the month-long blackout that affected three million customers in new york. terms of the agreement have not been released but they are

satisfied with the deal. most stocks are up on the news. the chief executive says he will share his $3.25 million bonus with 10,000 employees in 20 countries. they will receive the same amount and nonmanufacturing staff will get up human. rain and cooler temperatures helping firefighters in the fire close to yosemite. the u.s. forest service says the rim fire is 70% contained. the fire started on august 17th and burn them to 35,000 acres, cost $35 million. up next the joint auto sales down and customers saying thank you. why?

thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. d with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history...

we're making it. stuart: clarify what is going on with murphy oil and its spinoff. you liked it. you have liked it for a long time. today it gets a spinoff deal but the stock goes down the 13%. what am i missing? charles: murphy usa on the screen here, if you were a shareholder you own both of these stocks now so you add $58 or 59 plus you get four murphy usa so that is about $9 so that more than equals the amount we think course someone might have -- it is a little more than friday. stuart: if you followed your advice you would be better off today than last friday. that is the truth.

charles: by the skin on my cheney change in. stuart: customer satisfaction in detroit is dipping. asian automakers are back in the lead on customer satisfaction. scott bridges, motor trend the troika editor is with us now. scott, why is this? what our customers seeing that they don't like in the big freeze cars? >> could be a number of different factors. one of the things that is interesting is the quality of the vehicles have gone up but there are so many other factors that come in to play such as kelly -- matt -- it is a lot of the things that have to do with the touchscreens you see in cars and they are much more difficult to use and confusing for a lot of customers. bmw ran into this problem. stuart: wait a second.

are you saying the asian carmakers philip figured this out and they are easy to use and therefore customer satisfaction with asian cars is up, but detroit has not got it right yet? >> hard to say customer satisfaction is one of those things that is difficult to nail down. i think a lot of the asian vehicles are easier to use. ford has taken a lot of hits based on the difficulty of to use those things. stuart: you have a problem hearing. i know you have a problem. i ask this one simple question. who now leads in customer satisfaction? >> overall mercedes leads and lexus is very high and toyota is doing very well and honda has moved the. americans in the past didn't

allotting to the surveys and now i think they will. mostly you have to address this at the dealership level so when customers walk out with the new car they feel completely satisfied and if they don't address that it will be a big problem for them. you don't want separation between where you rate and where the competition rate and five of eight american brands dropped this year and three went up and this is something that i don't think is a big deal right now but if it is not addressed and they don't find out exactly what the reasons are the customers aren't satisfied it could be a bigger problem down the road. stuart: we hear you. thank you, we got you. thanks very much, appreciate your time. now, hit a hole in one and you are in a tournament and you win $1 million. there is an entire industry based on contests just like

that. we will talk to the president of one of the companies involved in the risk that you win $1 million. [shouting] for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident ile you eat. so it's not about keeping my dentures in, it's about keeping the od particles out. [ charlie ] try zinc free super poligrip.

bounce keeps my clothes fresh for weeks, even when they've been sitting in t drawer a long time. like those jeans you can't fit into anymore. uh...by that, i mean... [ male announcer ] how do you get your bounce? long-lasting freness. [ villain ] well mr. baldwin... it appears our journey has come to a delightful end. then i better use the capital one purchase eraser to redeem my venture miles for this trip. purchase eraser? it's the easy way to erase any recent travel expense. i just pick a charge, like my flight with a few taps, it's taken care of. impressive baldwin. does it work for hotels? absolutely thank goodness. mrs. villain and i are planning our... you scare me. and i like it. let's go what's in your wallet?

stuart: we brought you the story last week, golfer in new mexico wins $1 million. get this, his entire industry based on hole in one contact insurance, and mark gil martin is the president of hole in one international and mark joins us from reno. let's do a hypothetical for a second. supposing i at "varney and company" say we are going to have a golf outing and we're going to operate prize, million dollars if any of the golfers on our golf outing gets a hole in one. you ensure me how much does it cost to ensure a million-dollar hole in one prize? >> the price of that is really affordable, can't get down to $85 per shot if you're going to ensure the entire golf tournament. stuart: that is interesting, that is how it works, so the

number of shots taken, roughly $85 per shot, that would really add up, wouldn't it? if you have quite a few golfers taking 18 holes? >> it would add up. most tournaments what they do is have an after tournament shooed out where they select a few people like in the case of new mexico they selected six people to take a shot for $1 billion after the tournament one of which made the hole in one and won the million dollars and in that case, they pay $90 a shot so is affordable for sponsor, to offer a big prize at a tournament and they turn out to be big winners. stuart: you are the ensure so you are paying the odds here. how did it come up with the odds, charging $85 a shot? >> making a hole in one, 13,600 to one and like any insurance product it is a numbers game but

the balkan go in the whole land cost the insurance company $5,000 or go in and cost in this case $1 million. we do a high volume of tournaments, 15,000 tournaments a year and we hope that the end of the year we look at the bottom line of the company and hopefully make money. stuart: how about those contests where somebody shoots from the halfway line, a total nobody put it in the basket and you get something, what are the odds on that? >> we do a lot of those as well and the odds on that is 40:1. to ensure a $10,000 prize for every $10,000 worth of prize value is a half-court basketball shot is more expensive because the odds are quite lower and that will cost $500 per shot but once again affordable in the big scheme of things when you have the focus of 15 to 20,000 people focusing on your brand at half

court during a basketball game. stuart: what proportion of these prize contests actually get insurance? >> the smart ones do because as you can see that can happen so there are quite a few events. we ensure 15,000 events a year so it is a decent sized industry, very specialized as you can imagine but i wouldn't want to be the guy who says i will give when the one million dollars if you make a hole in one and not call a company like ours. stuart: well said indeed. hole in one international, thanks for joining us, very interesting subject, we appreciate it. your take is next.

stuart: i told you septembers' a month to remember because of all these important looming deadlines, death, but did, obamacare, syria. here are your comments.

richard says we have no business in syria or any other country. if we have all the money we waste on other countries we might be able to fix this country. or real had this to say. as much as we all hate the hard situation there we cannot always save the world putting ourselves last. doing that for years is why we're nearly bankrupt and barely floating. on twitter thomas says printing money is all obama can do. when he will not step back and formulate a budget that contains cuts. keep them coming. we like that conversation. we talked about the longshoremen's union leaving the afl-cio. they are gone because of obamacare. charles says it is not just a hit to obamacare but something else. charles: unions themselves, this is falling apart, the white house instead of his members, the unions are in big trouble. stuart: that is news, thanks

very much. airtime is up and it is yours. dagen: thank you so much, great to see you. president obama saying the u.s. should take the very action against syria but needs the backing of members of congress. dennis rodman back on north korean soil for the second time this year, he says he is trying to bridge a gap between americans and north korea. how about just keeping him? it is the deal, microsoft by nokia's mobile business in a $7 billion deal and based on 50 shades of gray finally has its two leads. one, the star of sons of anarchy, the other of the fallen of two watch the babys celebrities. are they hot enough? we discuss all that they make the dow picks of the month of september, usually