tv Varney Company FOX Business September 9, 2013 9:20am-11:01am EDT
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stocks up all rnd around the world and three big headlines. good morning, everyone, on syria, kerry says resolution will not be found on the battlefield. it requires a political solution and made his comment in london this morning, it was, i'm calling it a dovish statement. in part because of that, wall street will open higher today. tokyo gets the 2020 olympics, that market is up. australia gets a conservative government and stocks there go higher as well. and if you have a traditional retirement health plan from a big name company, you may not have it for long. the writing is on the wall. "varney & company" about to begin. [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. if you believe in the sheer brilliance of a simple explanation.
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found on the battlefield. the conflict in syria requires a diplomatic solution. kerry says if we strike it will be limited action. president obama held a meeting with republicans last night and trying to gain a support for action and doing interviews with the major tv networks later today. tuesday, tomorrow, he will head to capitol hill to pitch the plan to senate democrats ahead of his prime time speech to the nation 9 p.m. eastern tomorrow. public opinion remains against an attack. a vote may come wednesday, certainly this week and the administration maintains any strike will be limited. here is the market's response this monday morning. dow futures to the upside by 42 points, a limited attack or none at all would be a plus for stocks in the short-term. the price of oil this monday morning, holding just below $110 a barrel wells are, yes, it's football season. not a good start for giants quarterback eli manning, three interceptions an including a critical turnover that resulted in a touchdown.
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a difference to peyton manning's performance i would say. to tennis, serena williams won his fifth u.s. open against victoria azarenka. 2 hour 45 minute match, i watched on mute. ms. azarenka makes a lot of noise when she hits the ball. did you do the same thing? and syria front and center, the markets are clearly watching. we'll bring you the opening bell next.
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just pick that flight right there. mmm hmmm. give it a few taps, and...it's taken care of. this is pretty easy, and i see it works 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? >> a minute to the bell. we're looking for a 40 point gain to the dow. and here is trey knippa. that was a week jobs report on friday and that means ben keeps on printing and that's why the market is up a bit this morning. what say you? >> that's a contributing factor psychologically. is one report necessarily going to sway fed policy backwards or forwards? not really. the fed is going to be extremely accommodative for the future. if i run out and bought ten
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different houses and took out mortgages on all of them and i go borrow an inordinate amount of money. am i going to rush to my bank and raise my interest rate voluntarily? ben bernanke is not going to do anything at all to let short rates climb, even in the least. it just isn't going to happen because the federal deficit is too big. the federal debt is too big. why are they going to raise the interest rates on their debt? it's not going to happen. tapering is a broad term. take it from 85 to 84, does that count as tapering? sure, but the fed will be in the market end of discussion. stuart: you've got it right. we hear you and i'm inclined to agree. thanks, tres knippa. and it's off 31, 32 points in the early going. a big week believe me. and china mobile, the biggest that does not carry the iphone. that looks however, like it's
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going to change. nicole, i'm looking for gain for apple? . nicole: well above 500 at 504.94, 505, let me correct that, it just moved higher. 1.3% gain and as you noted, now, as people familiar are saying that apple is preparing to ship iphones to china mobile and obviously, a long-awaited deal after years of negotiation if that is in fact true. analysts hot on the meeting that's going to occur tomorrow. and the securities say they see a lot of success for the 5 in china. stuart: just like the old days. facebook is open, higher, 44.50 as i'm looking right now. and look at this, ibm says it will move retired workers off its health plan and give them money to get coverage on their own. retired workers would use that money to purchase health plans on a private exchange. ibm stock market likes it, it's up about 1/2%. not a big gain.
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following ibm, time warner is going to do the same thing. retirees there would be provided lump sum for care, time warner stock is also up, a 1/2 percentage point. an end of an era for the lifetime health benefits for the companies. and congress returns to washington after the august recess and prime minister -- president obama is there, and making a case. and congressman from ohio joins us now. i know you oppose any kind of a strike. do you have any suggestion that the president's full court press this entire weekend, any reason to believe it swayed your colleagues amongst democrats and republicans to vote yes on an attack? >> no, the basic questions that everyone is asking, who are we for? the president can't tell us who we're for and can't tell us what the risks are and has an
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unexplainable thing. that assad has used chemical weapons and already has and the president says it's in the large numbers of deaths that occurred and now we can take action, again, without telling us who we're for and the president has shown no leadership while sequestration continues to be crushing to the department of defense and telling people in the military we don't have enough money. stuart: he addresses the nation at 9:00 eastern tomorrow 0 night from the oval office, a big address to the country. do you think he can sell his proposal at all? can he change that many votes? >> not from what i'm hearing from other members of congress or even for the people here in ohio. if he doesn't have an understanding of who we are for and he certainly has not done his homework. he's not galvanized the international community. he has no real plan for strategy. at the same sequestration is an issue. stuart: i'm sorry to jump in,
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but you've been back to your constituents over the summer and what are they telling you? >> in my community we have the air force base, over 10,000 have been furloughed due to sequestration. when is the president going to show leadership in fully funding the department of defense. he's currently saying we don't have enough money to pay, but enough to take us into the conflict. and they're reluctant without saying who we're for and unable to explain why we're doing it other than he has declared the imagery red line. stuart: you're a firm no, no way, not going for an attack, that's your position, sir? >> if the president went back and did his homework and galvanized the international community and made this an issue where the international community was taking a response, that would be different. as solely an american response, i don't see this going through the house, i don't see members of congress voting for this. stuart: congressman, republican from ohio.
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thank you for joining us on a busy day, we appreciate it. thank you. all right. and here we go, monday morning, syria dominates, we're off and running on the market and look what we've got. an another 70 point gain for the dow jones industrial average. we've had dovish comments from secretary of state john kerry earlier this morning. i'm saying that they're dovish comments. and if there is any action at all. if it is, it's going to be, according to john kerry, extremely limited and targeted. and let's bring in keith fitzgerald. he follows money for us out of portland, oregon. would i be right in saying, if president obama doesn't appear to have the support for an attack and if there's an attack anyway that's extremely limited and targeted, the market likes that? do you agree? >> well, you know, stuart, i don't know that the market's going to like it, but ben bernanke is going to like itbec more. i think that war is catastrophic no matter how you
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cut it, the law of unimaginable consequences at its worst. what it translates into. more printing and stimulus because somebody has to pick up the pieces. stuart: but the market would go up in the event of no attack or an extremely limited attack, do you agree with that? >> i think it's going to have a short-term blip down side as traders reassess instantly what happens. generally if the illusion of more debt and stimulus continues then yes, i believe we grind higher. stuart: i think of you as our japanese expert and the market there is reacting to two items. number one, tokyo gets the 2020 olympics. and number two, prime minister abbe printing trillions of yen and getting a 3.8% growth rate. what's going on? >> well, you give me a trillion yen and i'll give you a good time, too. it's similar to bernanke. i think that the olympics are very good for japan. i am a closely involved in that
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and hopefully be there as a parent in 2020. this will be a lot of new construction, new jobs, volunteerism. a great thing. stuart: is it good for our market when japan goes up like this. it's a solid rally we've seen overnight and they've got real growth at long last. does that rebound positively for us? >> you bet it does. we take a lot of high end didded we have a lot of high-tech imports and there's a lot of back and forth in terms of our governments and treaties, a number of things that make this good for both countries. stuart: the people that we saw cheering there were not japanese investors, they were people who wanted tokyo to win the 2020 olympics and they got it and we wish your son the best of luck getting into the fencing team that may appear in japan 2020. good luck on that one, keith, and thanks for joining us, sir. >> thank you very much, stuart. stuart: back to the call,
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facebook shares close to an all-time high, where are we, nicole? >> so exciting. i can't keep up, 44.79 was the high. and no more talking pennies, but the whole point of the story was, this was a $38 ipo and it traded as high as $45 that may 18th of last year and is approaching that $45 mark once again and it's for the investors who watched it drop below $20 and happy to see it here. stuart: it's got momentum. nicole: seriously. stuart: it's rolling and rolling upwards and nicole is kind of on a dow 15,000 watch. right now we're up 14,995. pretty close to 15k again. nfl season, yeah, kicks off, big money game for the league and players. and does adam support any rule
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changes that makes the game safer and less violence? if they did? and we're up 14,996. more and more young people trying e-cigarettes. should the government take action to keep them away from youngsters? dr. siegel on that exploding industry next. ♪ (announcer) scottrade knows our clients trade and invest their own way.
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>> dovish comments from john kerry on syria affecting the market, up 70 points, close to 15k on the dowment look at the price of gold this morning, where are we, where is the price of oil, just shy of $110 a barrel, down 60 cents. all right. we've got a study which says that the use of e-cigarettes is spreading amongst adolescents. that came out over the weekend. this morning, we've got an another study in from britain, e-cigarettes are better than the patch when it comes to giving up traditional cigarettes. you saw that a moment and dr. mark siegel is which is on this unwith. right from the get-go. these cigarettes are used more widely amongst adolescents, what would you do about this? >> you're going to hate this, i believe in more fda regulations. they got a law in 2009 that allows them to limit tobacco
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products and they can he can panned that to e-cigarettes. stuart: wait a second, what rule do you want to issue. >> i'd like access restricted to teens. and in the states minors find a way to get them. on-line, parent. there are two points of view. the head of the c.d.c., i interviewed him. dr. tom friedman, he thinks they're misused, underregulated and a cabbie says i want to quit smoking and use an e-cigarettes. everyone out there thinks they work and he's concerned they increase the use of tobacco amongst teens especially. once you you get the nicotine addiction you're going to cigarettes. also i spoke to spike babbion, the president of the national vapors club and she thinks that having something in your mouth that gives you nicotine will work better than any other form of quitting. let's watch. stuart: roll that debate.
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>> if kids get hooked on nicotine because of e-cigarettes that may make them life long smokers not just of e-cigarettes, but traditional cigarettes and cigarettes are the number one cause of death in the country. >> the number of children going from e-cigarettes use to cigarettes is minimal. what i think we will find, if youths are increasingly using electronic cigarettes the way that adults are, i believe they'll find that youth are decreasing use of cigarettes. stuart: you want to regulate the use of e-cigarettes by teens and youth, but think they get adults off cigarettes. >> i think they may work, but for teens the statistic c.d.c. found, 76% of those teens who smoked e-cigarettes use regular cigarettes, too. now, i know you don't like the
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government involved unless someone is outside your door with a bomb, but i think in this case, the fda has a very strong role. i'm going to demonstrate. stuart: this is a-- >> i would not use this, but i want to show you how it works. stuart: e-cigar, i see red embers on the end, smoke, or vapor coming out. >> it's a benign vapor, but you're going to get a nicotine-- >> and you would get a buzz. >> i feel a buzz. stuart: nicotine is a drug, it's an addictive drug. you don't want to ban this? >> people on nicotine, need the nicotine to help them get off. why do we allow the patch and the gum on the market? i don't want to ban this, but i want it regulated. it's not regulated. it's the wild west. it's completely unregulated and can't regulate the amount of nicotine in there. i want them in the loop. stuart: i think it will be regulated by taxation.
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i think they're going to tax the hell out of this thing. whether that's good or bad, i don'ten. i think that's coming down the pike. >> 1.7 billion in sales last year. this is a burgeoning industry. stuart: going straight up. one of our producers was on a plane and a guy was smoking on the plane, an e-hookah. on the plane he was smoking this thing. >> i don't know what he put in that. stuart: it was evidently nicotine. doctor, thanks indeed. it's a big story. you've got to help us cover this thing. >> it's getting bigger. stuart: an industrial massacre in europe because of green energy policies. whoa. my take on that is next.
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>> look at this, please, monday morning rally. the dow industrials have crossed back above the 15,000 level. why? all eyes on syria. president obama's trying to sell his plan for a strike to congress this week. the judge will be here on that note a little later in the program. right now, dovish comments from john kerry. helping the market rally. ibm takes retirees off its health care plan, gives them a lump sum to get their own coverage through a private exchange. is this the way of the future? you bet it is. we're going to break it down in the next hour.
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you will not believe what the europeans are now saying about energy policy. here is my take on the industrial massacre. those are the words of europe's industry commissioner. he says, europe is facing is industrial massacre because of green energy policies. over there, legislation is pending that would ban fracking so they couldn't go after the gas that lies under their soil. over there, electricity costs double what it costs here and natural gas costs four times as much. no matter how efficient their industry is, less and less competitive. they're less and less excess tiff because of the energy situation. they face a massacre, a very strong word. he's trying to talk sense into his ubergreen compatriots. he says europe, quote, can't be religious about green energy. they can't sacrifice industry to the goals of climate obsessed environmentalists.
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this is quite a turn around for a continent that lectures the world about being green. now, bring it home. fracking is welcomed in some nd increase in production has cut natural gas prices more than in half. the poor benefit enormously. but we could do so much more. new york, california, they sit on top of gigantic reserves, but can't get at them because of opposition from the greens and president obama keeps delaying federal standards because he desperately needs green political support. let's get real. america has created a worldwide energy revolution. our ability to get at oil and gas locked up in shales deep below the earth has shifted the energy picture very much in our favor. europe's mr. taja in. i sees this and sees the price to be paid for dragging their
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a congressman in the meeting with vice president joe biden. did he change his vote? he is with us today. four-one to leave the golden state. the e cigarette arrives in the office and on planes. everywhere, it seems. business is booming. big day. here we go. ♪ stuart: president obama wants those strike against syria to be small and scope. our next guest says a limited strike could be even worse than no strike at all. all right, chris, make the case. a small-scale attack is worse
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than nothing. go. >> stuart, it is a pleasure to be with you. it did absolutely nothing to deter further libyan behavior. my point is, if we are going to get involved, if there is a consequential american interest, then there needs to be a significant response. stuart: are you with much of the country, which seems to be saying, do not do it. >> there are separate issues here. america has deep interest in the outcome and syria. we ought to be consequentially involved. the president has to make that
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case. so far he has not made that case. i do not think he will get the support he needs to do this. with that said, i do strongly favor a consequential commitment to syria. stuart: you want a big attack. i am reading between the lines. i hear that. a consequential event in syria. got it. do you think our military can't afford to do this? >> as an economist, stuart, i am sure you understand. if the american military is involved in syria, that means there are other things we cannot do. my argument is, what we have seen in that absence is indisputable proof that hezbollah is growing stronger in syria, al qaeda is growing stronger in syria.
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syria, as a failed state, has tons of chemical weapons unaccountable. that is in nobody's best interest. stuart: what does the military say about this? do they want action, limited action or nothing at all? >> the military is skeptical right now. i think we have some battle fatigue after iraq, afghanistan and libya. they are spread a mile wide and an inch deep. it took me about two years of study before i completely understood what i think are the compelling american national interests there.
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on sunday, petraeus came out and said that american interests here is undeniable. if we do not act, it will continue to get worse. acting now will be difficult. stuart: we will see if the country gets behind the president after his address at 9:00 p.m. eastern tomorrow night. sandra smith making her triumphant return to new york. great to have you. sandra: it is great to be back. stuart: i say it looks like the president does not look like he will get the support for an attack and secretary of state john kerry is talking about a very modest attack, if there is any attack at all. sandra: when you look at the
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market right now, you have a market, and the stock market, by the way, oil prices are down, gold and silver prices are down, the market has priced out imminent action. it is pricey and now limited action. there is no widespread fear in the marketplace that we will see a war on the ground in syria. that was initially a fear in the marketplace. the markets will be held captive by that. stuart: totally so. sandra: regardless or not oil prices are down right now, we are still hovering around record highs. stuart: thank you very much, sandra. stayed there, please. delta.
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the airline is going to join the s&p 500 after the close tomorrow. nicole: you are so smart. you are absolutely right. the reason is that managers, the money managers, have to follow the s&p 500 exactly. delta will be going in after the close of trading tomorrow. delta will only be the second airline in the s&p 500. also, southwest airlines in there. money managers are buying it up today. stuart: 6% in a few minutes. you do not often see that. thank you very much, nicole petallides. congressman, thank you very much for being with us on a very big, important day. you were in the meeting with vice president biden on friday.
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was he convincing? >> first of all, this situation in syria is of major importance to the united states and it is truly a sad thing that these chemical weapons were used. i am not convinced that the use of a very targeted strike can be done with efficacy and utility in the long run. i have not seen evidence that the administration has long-term evidence in syria and the middle east. to go in and use military force without taking into account the consequences of all of this really is a problem to me. i will attend a briefing later today. stuart: throughout the weekend we have seen a full-court press from the president and his
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aides. they are pressing for a yes. do you have any reason to believe that some of your colleagues were swayed into the yes column and away from the nicole him? >> no evidence of that. i have spoke with a number of my colleagues that are very skeptical. we have entered into the military conflict without a good objective at the end of the day. we need to carefully think about this. that is why i supported the position to have the president, to congress. we need a full debate on this before we step into something we deeply regret. stuart: there is another story we have been following very carefully on this program. it is the irs scandal.
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are you going to try to get that irs scandal back on the front burner? do you have something new for us this morning? >> we have a video that was just released. even in the video, they acknowledged a time of budgetary constraint. let me say this, the investigation is still ongoing in a very intensive way. we have received a number of documents from lois lerner just in the last couple weeks. interviews are still ongoing. we are working our way up. we will not let up until we get to the bottom of it.
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stuart: the dow is up 85 points. just above the 15,000 level. ibm plans to move about 100 here it sandra, you are still with us. you have lifetime health benefits from your big-name employer. sandra: they cannot continue to afford these kind of costs. we will not see these benefits for a bit corporation. under the current plan, their
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cost, their healthcare costs per employee will triple by 2020. that is not sustainable. they have to do something. they are providing a one-time base fee for their employees. stuart: i understand it on the side of the employer. the retirees do not know how much money they will be given. they do not know what type of plans they will choose from. sandra: what companies will be able to continue? not everyone will be providing healthcare to their employees.
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stuart: does the stock go up or down? sandra: a whole new world. stuart: these are unchartered waters. kfc parent expects sales in china to rebound starting in october. is it moving the stock? nicole: over the summer, there were a lot of issues with bird flu, also, chemical residue in chickens. they also have taco bell and pizza hut. they are saying they are expecting things to resume, growth to resume in china. we will see if -- the pressure is on the company now to deliver stuart: it is a bird flu turnaround story.
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the dow is right at 15,007. a northern california counties so fed up with the state liberal politics they want to sell. the vice chair is next. ♪ [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do.
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face time and think time make a difference. at edward jones, it's how we make sense of investing. ...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.
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♪ stuart: china mobile is the biggest mobile service provider that does not carry the iphone. that may be changing. apple stock up six dollars. looks more and more like deathwatch. a canadian investor is close to a rescue deal. that is according to a report that came out yesterday. a northern california county, it has voted four-one to secede
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from the state. residents are fed up from a lack of representation and over regulation. they still need approval from the state legislature and congress. i dow that they will get it. let's welcome holly to the program. >> good morning. thank you. stuart: republicans do not make many waves in california. >> we are certainly a minority. we are coming back. stuart: tell me about this county. it is meaningless. it is symbolic more than anything else. it symbolizes that the republican party is fairly strong outside of the coastal and urban areas of california.
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>> two of those four legislators that voted for that were republicans. it actually is not an issue of politics as much as an issue of a lack of representation in that county. stuart: not much that you can do about this. the left rules the coast which rules the votes. >> i would agree with that characterization. i hope that this move will start a debate about how not only the rural areas of california are underrepresented, but other pockets show that the legislature is totally out of touch. stuart: what can you do about this? four many years it has been hard left. it never ever changes. can you really see it changing at some point in the future?
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>> a republican candidate came from behind and 820 district delta to win. we are certainly hoping to see more of that. we have a lot of great representation in congress. we are fighting hard to bring back the republican party in california. stuart: keep fighting. i got my start in america in california. it is not the place it used to be. thank you for being with us today. the government wants to crack down on e-cigarettes. willmore regulation kill the industry? probably not. we have a manufacturer weighing in on the subject next. ♪
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year. a new study shows more young people are jumping on the e cigarette bandwagon. should we or should we not moved to keep youngsters away from these e cigarette? our next guest runs an online business that sells e cigarettes to businesses and consumers. you have your own brand. >> yes. stuart: we have covered this a lot on this program. >> business is going great. we are seeing triple growth just about every six months. revenue is just going right up. stuart: can i just grabbed this for a sec?
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>> you will find this and retailers and bodega is. stuart: this is the equivalent of? >> that would be the full strength version. >> $49, i am getting a pack of cigarettes worth of nicotine. the price is about the same. your cigarettes can be smoked anywhere. you are smoking one now. i do not smoke tobacco. one of our producers -- you can do it. >> it is not interfering with anyone's, you know, the commute at all.
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stuart: if you were to be taxed, if this were to be taxed very heavily, the way that regular cigarettes are taxed, would it ruin your business? >> i would say it would be harder to function. >> i would prepare for that. that could be in the works. who is your target audience? >> the products intention is to target people who have been smoking and smoking heavily for years. mostly women. sixty-70% women. 30% min. stuart: a product that can be used where regular injection
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systems cannot be used. >> that is true. you can use gum or patches anywhere as well. stuart: the oral fixation, i mean, you've got that. >> while, that is true. stuart: you do not manufacture these, you just put your brand on them. >> we designed the formulas and work very closely with our juice makers. stuart: juice maker? >> yes. there is a liquid in the
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cartridge. we work very closely with them to make sure it is correct. >> i think that they are now cool. stuart: smoking this thing the whole interview. do you have a buzz? >> yes. a great relaxing way to spend my time here. stuart: bedford slams, fascinating stuff. come see us again. president obama, will he be able to convince congress and the american people?
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electronics component maker, molex, paying $7 billion, and molex is up 31%. now, the president, as you know, is making a hard push to congress for a strike in syria. if you're going to convince the congress people, if you're going to convince the american people, all rise, the judge, andrew is here. got it. you don't want any intervention or any attack of any kind, period. >> well, it's against international law and against the constitution. if the president does this, he could expose himself toe charge of being war criminals, of which you're familiar with, they claim universal jurisdiction with no statute of limitations. there's potential personal harm to barack obama as a human being for the rest of his life if he does this. this is how baseless and groundless this is. >> that's something i not heard before. if he goes ahead with an attack, with or without the support of
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congress, europeans, the left there, which claims jurisdiction over war crimes worldwide, spain or belgium, i don't know who it is, but they could say, barack obama, you are a war criminal. if you come over here, we'll arrest you. that could happen? >> yes, yes, that could happen. the european system, you know better than i, has a system of investigating magistrates. instead of prosecutors investigators cases, they have judges investigating cases, and the judges have the power to issue arrest warrants on the basis of events that occurred outside their geographical jurisdiction. donald rumsfeld can't safely travel to europe without fear of being arrested because of what a magistrate charged him with. >> can't go and do you want go? >> correct. whether it's just or not or fair is another story, but it exists, and the power is there. >> that's the potential
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consequence of an attack whether there's support in the country, congress, or not? >> yes. one of the reasons is because his chief of staff yesterday, dennis, revealed the president doesn't believe that there's any danger to american national security by the use of chemical weapons in syria. that removes an enormous legal argument from the president's arsenal, that confession. >> okay. now, i know you don't want any intervention, any attack of any kind. okay. i got that. what do you think the president will do? i'm suggesting that president obama does not get the support of congress for an attack, whether it's limited, targeted, doesn't matter, he doesn't get the support. nor, do you think he goes ahead any way? >> if he's not getting the support of congress, it remits the first time in american history that a president has sought war making authority from the congress, and the congress said no. he really would be at the lowest point of his popularity and his
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power as president. it's almost inconceivable he'd do so any way. if he does so anyway, he can argue he has the legal authority to do it under war powers resolution, he can fight with anyone he wants for 90 days, the authority reused to bomb libya two years ago. >> what's your judgment? >> no, i don't think he will. >> if he doesn't get support of congress, he doesn't do it? >> correct. i think he, like david cameron, will lick wounds and move on. there's plenty to move on to. that's coming up in a month. >> does his particular star rise if he's doing what the country wants him to do, which is nothing, does his political star rise? >> no. the political star is low now. this is a crisis of its own making because of a thoughtless, bravado-like statement made during the campaign in august of 2012, the so-called red line statement, and i think if he has not made that statement or said,
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you know, i was wrong then, i look differently now, he wouldn't be in the mess. he'll endure the lowest point of presidency, and that endurance could go through the end of the term not playing the cards right. >> what we are picking up this morning is the likelihood is he does not get a yes vote, certainly, in the house. we're also hearing from secretary john kerry that any attack, if it were to take place, would not be talking war fair in the secretary's own words, and it would be extremely limited and targeted. >> can i address that for a second? >> please. >> john mccain said over the weekend in a town hall meeting in arizona that if the president put boots on the ground, that's impeachable act. i disagree with senator mccain because under the constitution, once the congress unleashes the president, both houses say yes, he is free to wage war as he sees fit. the congress cannot micromanage the president's choices as
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commander in chief. if he wants to put boots on the ground, lawfully, he may. >> i dome think mccainments to. >> he doesn't want boots on the ground, and made an un-mccain like statement, saying he's impeached if boots are on the ground in a response from a questioner. i think he's misreading the constitution or for political reasons, but the flip side is it's almost impossible to destroy property with missiles without boots on the ground to guide the missiles. there were boots on the ground in libya guiding nato's missiles, american boots, probably not in uniform allowing the president to say "no boots on the ground," but there's american agents on the ground with gps equipment. it's fascinating stuff. it's a mess. >> a good insight from you. thank you for it. >> you're welcome. >> football season, to change the subject totally. >> something you know so much about.
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>> another battle. >> battle on the field. opening season for the league, talking with an nfl star after the break, and you know it gets interesting when i talk football on varney. ever watch soccer? >> occasionally. >> do you like it? >> i like it. >> what's wrong with it? >> no, i like -- you know, it's not physical enough. i'd rather watch rugby than soccer. weekdays are for rising to the challenge.
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>> head's up, listen to this. the van goegh museum got a new painting titled sunset, painted in 18 # 88, and declared a fake years ago, it was banished to the owner's attic for many, many years. the officials will not comment on the value, but the painting similar sold for nearly 40 million in 1987. remember the 40% number made famous? try 43%. the tax policy center has a new analysis revealing 43% of households do not pay any federal income tax. by 2024, the report says one-third of households will not pay any federal income taxes. get this, iowa granting permits to purchase or carry guns to people who are legally blind. wow. back in a moment.
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a a >> no more death watch for blackberry? a rescue deal is close coming out yesterday. the stock up a little bit. not much higher, though, is it, nicole? >> well, you know, bit by bit, putting it together, look what's going on here, a 5.5%. it runs up. youi know the idea of a take unr is floated around, the stock is up 11% this september. the latest talk is about prim
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watch, the shareholder, assembling billions of dollars to get the backing of canada's pension fund in order to move forward. you know, the company stepped off the board back in august citing potential conflict of interests, so, obviously, trying to move forward with this potential bid. >> looks like it's 11 bucks a share. that's what it looks like to me. nothing like what it was worth. nicole, thank you very much, indeed. sunday football back again, meaning big money for the league and players. joining us from washington is adam, with the washington redskins. adam, good to have you on the show. i know you've had two significant injuries is that because football's a violent sport, has been, and always will be? what's your comment? i don't want to put you in a corner, but tell me. >> no, that's okay. it is a violent sport. that's part of the game. when i signed up in middle school, i knew what he was signing up for, high school,
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college, and the nfl. that's part of what we do and what the job is, but people can't forget, i mean, golf channelers, a former channel tore a quad tendon playing golf. you can get hurt doing anything, not just exclusively football. >> do you favor any rules, a rile change, to make the sport less dangerous? >> anything that makes the sports safer, less dangerous, obviously, we should implement, do, i'm in favor for. you got to be careful because you don't want to take away hitting or the football out of football, but you want to keep it safe. >> are you coming back to the game? >> absolutely. i'm rehabbing three times a day, working out every day, six days a week, a love the game. i've taken my -- a couple surgeries, but i love football. that's why we play the game. >> you get -- you're injured, been injured since 2012, i think, does that affect your pay? >> i took -- we restructured my
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deal, and, also, the risk games have a salary cap penalty imposed on us. quite a few of my teammates, as well as myself, we restructured our deals in order to help the team out to get under the salary cap and when you are hurt and not playing, sometimes you do that anyways, and i was willing to do it to help the team out because of the position we were in. >> seems like football is on a roll, i mean, beating every other sport on the planet, within the united states. this is thee big season, the biggest of them all, looks to me. what do you think? >> when i growing up, i heard people say baseball was america's past time. i think it's switched to football. football is -- it's king, in the media, in the ratings, on the television, everyone watches, so much fun to watch. it's one of my favorite things to watch as well as play. >> adam, we need your super bowl pick, crucial to the interview. >> all right. well, i'll go with the red skins
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right off the bat. >> we got that part. who are you playing? >> redskins, afc, patriots look good with tom brady, peyton manning in denver, and ravens lost a good team, don't count them out, but going with the broncos with the addition of wes walter, peyton manning, the hurry up offense. redskips broncos. >> would you like to see the team's name changed? >> to me, that's really out of my hands. i've always answered this question by saying i put on the pads, jersey, my helmet. whatever is on that helmet, whatever name, logo is on that jersey, that's what i'm wearing and representing when i go out on the field sunday. >> have you been interviewed by a guy with a british accent before? >> i can't say that i have. [laughter] i've been interviewed by a guy intimidating a british accent, but not legit. >> phil simms has a good
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intimidation of it. do you watch soccer? >> i do. my neighbor watches soccer all the time. i can't say i watch it there myself, but it's on tv, and we're friends. >> why not? you don't watch soccer? you don't watch it? >> i know soccer, in america, football is the media darling, in canada, it's hockey, and in every other country on earth, it's soccer. i was raised in a football household so that's what i gravitate to, but as far as most of the world, i mechanize that it is soccer. >> you know, adam, you should join the state department because you are one extraordinary diplomat dodging every single question, soccer, the redskins, super bowl, got around every single one. i admire and respect you, adam, like you wouldn't believe. terrific. >> do you want to ask me a tougher question then? give me a tougher question. >> i don't ask tough questions to big guys who play football. you just don't do than. all right, okay, appreciate it. >> if you come to new york, sit
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with us on the set. >> okay, sounds great, i appreciate it. >> you're a conservative, aren't you? >> i was raised a conservative, yeah. my dad was a small town farmer in nebraska. >> i want you sitting next to me on this show soon, okay? >> sounds good. i appreciate it. >> you're on. adam, thank you very much indeed, sir. appreciate it. >> thank you, appreciate you having me. >> obamacare, supposed to help everybody get health insurance, but a new report by the cbo finds that may not be the case. we'll have a whole bunch of details for you in a moment.
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>> obamacare expected to given health insurance to 25 million people over the next decade. however, a new cbo report shows that 31 million will be left without coverage. this group, 31 million, includes undocumented workers and poor people and the space is expected to decline medicaid. what do you think of this? >> an absolute mess. they keep trying to fix it. it's not working. we talked in the break it's supposed to cover everybody, and now 31 million people will be ignored by the law. it's not covering everybody. it's not working. they keep trying to delay things in the law. they keep trying to ignore the law. it's not working.
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>> when it's in place, there's demands that we cover everybody. you see that coming a mile off. >> yes. >> the rich are mean because they are not supplying enough money to cover everybody. >> and now we talked earlier, we're finding out that employees at major well-capitalized firms are not coveredded, but forced into this. >> yes. forced into private exchanges. >> that's right. >> like ibm and time warner. >> not working. >> another one for you for your comment because they are good this morning. this one's really going to get you. the list keeps getting longer for failed green companies. the energy department conceded that the federal government will lose another 42 million dollars on the clean energy loan to a failed michigan van maker. when will they learn this? >> woe would never go wrong if we allowed the free markets to work. they are getting in the business more and more, the government is getting in the business of picking wingers and losers, and most of the times, they are
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losers. they don't have the right to be winners. they shouldn't be in that game in the first place. we got to get out. it's green energy that will work on its own. it can't work because the government is trying to fund it. >> did you hear what the european industry commissioner said this morning? mr. antonio? he said that industry was going to be massacred, and that was his word, "massacred," in europe because they made a religion, his word, of green energy over there. they can't compete. electricity is twice as expensive as it is here. natural gas, four times more expensive than what it is here. they will not allow fracking. >> not allowing the fracks, which we're seeing that fight at home. when we are sitting on so much energy, unbelievable how much we could bring down prices for consumers, we're not doing it. >> they won't will. they absolutely will not learn. sandra, thank you very much. >> thank you for having me. >> come on tomorrow. >> my pleasure. >> back in new york, aren't you? >> happy to be here, yes.
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>> how is the baby? >> so wonderful, thank you for asking. she's four months old today, oh, yes, she is, four months today, on the ninth she was born. >> oh, look at that. >> i'll give her your love. >> i believe that's love at first sight. >> oh, my god, it is. you told me, stuart, i mean, it was no less. >> it is. when you first see your child, your look, and you fall in love right there. >> and it happens every morning, i swear. >> happens to everybody. it's -- we're hard wired, human beings are hard wired. >> i think the duchess said that, that every parent sympathizes with that first look at your baby. >> of cambridge? >> indeed, remember? >> i remember. your take on those loud noises emitted by some tennis players. that's next. [laughter]
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stuart: earlier on the show, i told you how annoying i think it is with the grunting on tennis. here is what you had to say. randy says, i actually changed the channel because the grunts were sickening. roxie says, would not watch the u.s. open because of all the grunting. suzanne says, i cannot stand when that woman place. great to watch, but a horror to listen to. why are you grimacing? >> i love your viewers and i usually agree with them. guess what, my backhand tends to be a little louder than my forehand. i do not think you would be
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saying this if it was a man. you play tennis, no noise comes out of your mouth? stuart: stop it. >> it is a natural function. some people make more noise than others. stuart: it is designed to interfere with your opponent concentration. >> i think it is a naturally autolink function. if you are going to pick a fight, i would pick a fight with what these people are wearing. stuart: what is wrong with what they are wearing? >> i think they are showing a lot of cheek. stuart: fortunately, we are out of time. how about that.
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connell, our time is up. connell: stuart, i think that you are trying to cover up for your own grunting on the weekends. stuart: get on with your own show. [laughter] connell: syria, the debate that and center on capitol hill. the argument for tapering after the jobs report on friday. brian wesbury is coming on. he says he does not see why the fed will not start pulling in their rings on stimulants. miley cyrus has already made her point.
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