>> amazon does it again, out-of-the-box idea, they will help the postal service? good morning, everyone. regular mel vans will deliver the stuff you bought on amazon. the public sector put to work by the dynamic private sector. let's hope this one is ready. more retailers opening on thanksgiving and staying open through black friday. that trend is spreading. here is your monday report, floating a fix for the broken promise. but it will cost you a ton of money. this is veterans day and we honor those who served.

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>> if you have or had one of these plans before the affordable care act came into law, and he really likes that plan, what we said was you could keep it. if it hadn't changed. stuart: okay, but here' here ise big story this day, i went around the president's broken promise that you could keep your insurance plan but you're going to have to pay for it. the president is working on administrative fix to cushion the blow for millions of people thrown off their plans. subsidize millions more people. give subsidies to individuals making $50,000 per year. they put the price tag at $1.2 trillion for that.

there are two is a president can get it done, tax increases or for the government to take on more debt, that means borrowing more which would break another promise. remember this? president obama: i will not sign health insurance reform as much as i think it is necessary, i will not sign it if that reform ads even one dime to oor deficit over the next decade and i mean what i say. stuart: okay, not one dime. this may be another broken promise. a fix for broken promise number one would cost you big time and would lead to broken promise number two. here are the other stories. terrible tragedy in the typhoon that slammed the philippines, nearly 200 miles per hour wind, strongest ever to hit that island. vietnam now bearing the brunt of that storm. senator john kerry says our middle eastern allies agree to terms to oversee iran's tickler program but it was the iranians

who later box. and it is veterans day, 750,000 of those veterans are unemployed. the troops who served after september 11, 2001, the unemployment rate is 10%. to honor our veterans were going out the new york stock exchange, which will have a two-minute moment of silence. [moment of silence]xd

♪ stuart: the new york stock exchange observing two minutes of silence. it is veterans day 2013. liz macdonald, we honor those who have served. but that statistic i gave out just before a moment of silence, 10% of those who have served after 9/11, 2001, are unemployed. way above the national average. liz: 750,000 unemployed. there is a big push in big corporations to hire veterans because they are great workers, they don't quit and they want

veterans to come work for them, a big push to hire them. stuart: i remember when we were covering the iraq war, afghanistan, our reporters were embedded with the troops and the put those troops on camera, they were exceptionally high quality young men and women. people who take responsibility, take authority a very difficult circumstance. 10% of them out of a job in the year 2013 after they come back home, that is extraordinary. is there a tax break involved for some of those corporations. liz: i don't know about that. a concerted effort for numerous of corporations to higher the very focused, no quitter mindset of the u.s. veterans. stuart: it is monday morning, the market is about to open, the stock market is open this veterans day. we are looking for a pretty flat opening, slightly higher. remember the dow industrial average closed 15,761. let's bring in from chicago

because this is janet yellen week confirmation hearings. we are told the senators could try to hold up her nomination. if they succeeded in holding it up, would it have any effect on the stock market? >> it would absolutely adversely affect the stock market because janet yellen got the nomination because president obama has a history of making the worst possible choices when it comes to finance. in this case he didn't deliver, he chose the worst possible candidate to be head of the fed. she does not recognize inherent conditions of what monetary policy can do. if you look at her record in forecasting the trend of the economy she is a perfect 04 however many you want to look at. she is terrible. stuart: those people behind you trading all kinds of items.

do you really think they want the fed to quit printing money now? do they want that? [opening bell ringing] >> it is going to continue and it is going to continue under the leadership of janet yellen to even a higher degree that was under bernanke. stuart: the market is open this monday morning. we have the beginning of trading and we are dead flat. looking five or six-point gain, that is about all of what we have. not a clear indication in the early going. amazon is partnering up with the u.s. postal service to provide sunday deliveries. expanding to other cities next year. look at the share price. it is not moved very much but amazon $3.50. this is a really interesting development. is the private sector helping

the insolvent public sector? spea>> busily fixing the u.s. pl service, and i tell you something, u.s. postal service really wants this. saying this is great, we will not hire new workers, put them on flexible schedules to handle the extra packages because they figured out packages can make a lot of money delivering packag packages, 90% of what the u.s. post office delivers is junk mail, they can make money off of that. stuart: that is an unused asset, the trucks, the people, the routes. they're going to use it sunday because of amazon. let's hope it spreads. twitter, the big ipo last week, where is the stock this monday morning? nicole: a new low. trading as low as 4017. on this first day of trading is broke above the $50 mark, 50.09.

for all those people who tried to jump in and get it, maybe 48, 49, or even 50, they are disappointed. but this is a $26 ipo. for that perspective, doing great. stuart: most people got it at 45 or above. next stock is apple. the company is working on curved glass phones. pressure sensitive touch screens. the share price is pretty much flat on apple as of right now. here is keith fitzgerald. i wants to talk about twitter. i know you do not like twitter, but will you just give me an update on obamacare and how he is working in oregon? >> been trying to sign up for a while, they have not had a individual sign-up through the exchange.

my insurance premiums before obamacare have already gone u up 45% and i'm expecting another 25%. stuart: that is a lousy update. $40 per share, as of right now, he would not touch it with a 10-foot pole, correct? >> correct. no idea how to make the advertising work. i was disturbed to hear one of the senior executives to know that we have gone public, we will figure it out. you need to have problems first. liz: twitter is being valued like well point or general mills or craft. they have to be able to basically stream in ads and not annoy the user.

stuart: my position would be this is a brand-new, very interesting company with enormous growth potential and i would buy it on that basis. new this morning, this is not funny. cases of fraud, identity theft on the rise despite all of that, larry summers puts part of the blame on the opponents. he wrote in today's "washington post," equally important and in some ways more fundamental factor behind the problems of implementing obamacare. the effort of the president's opponents to delegitimize and undermine the project. i say this is more of the blame game and totally the wrong direction. liz: he fought regulation derivatives leading to the financial collapse, going after

the opposition by millions of losing a health care insurance. millions are losing their doctors. every president since george washington has had to deal with opposition. if they cannot get fact-based opposition and listen to that and listen to it and acknowledge it as larry summers should have done, he has no business running any editorial whatsoever. stuart: you want to add to your negative of obamacare? >> liz is spot on here. going after and supported something he criticized to begin with is preposterous to me. how to take lessons from people who understand money. managing expectations in the public sector managing promises very badly. stuart: four, five minutes into

the trading session. give you a state of the markets. still 15745. the price of oil down a little bit this morning. $94.35 per barrel, down $0.25. we should bring in the failure to progress in the iranian talks, maybe that is having some impact on the oil market. the bottom line is secretary john kerry is back in the united states. they have failed to to an agreement over this nuke program. we do have a mess with the iranian situation. at this moment it doesn't appear to be affecting the price of oil. one more quick story, that is the price of gasoline, $3.18 per barrel right now. per gallon.

five states with the first number at the gas station for regular is the number two. back to black friday. millions of chinese shoppers spending more on this one day that americans spend on black friday and cyber monday combined. planning for the ipo in the united states and yahoo owns 24% stake. what do you make of all of this? >> we chatted about this, this is the silver lining, they own a big chunk of this one. put the scale in perspective. during triple of what our retailers will do black monday, cyber monday, sell it whenever we feel like it monday because of the volume involved. stuart: that sets up the ipo. i know you don't like twitter.

>> that is one i am studying very carefully because the numbers are real, the service is real, demand israel. liz: ali baba is fantastic in china and what they're doing, get this, 50% or more discount on product like gap or steve madden. that is why they are attracting so many users and so many customers paid in a way for retail. stuart: black friday does not happen until november 29 so more retailers are opening on things thanksgiving and staying open even longer. macy's, target, walmart, best buy, toys "r" us, it is a long list. are they breaking the fundamental tradition of family at thanksgiving? it is a very importann question and i know you have strong opinions on this. in just a moment. announcer: where can an investor

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>> if we do nothing, they will destroy it. >> i will kill you. stuart: if you even think about betraying us. that is from the new thor. disney stock unaffected. check the big board, we've turned positive, we were down, now we are up. look at the price of gold, where are we? 1282.

a quick stock check for you, some of the retailers are trading higher this morning. they are on the upside. best buy and toys "r" us are the latest retailers to say they will be opening on thanksgiving. target says it will open at 8:00 p.m. on thanksgiving, stay open for 27 hours all the way to 11:00 on black friday evening. first of all, these retailers opening up on thanksgiving itself. a little desperation, you think? >> they are in pursuit of the dollar, they want the prophets, they are struggling other areas of the economy. trying to get their hands any greenback they can. i will change my opinion if this is robbing families of their time. stuart: thank you, keith.

is this breaking the traditional thanksgiving family time quest mark is there one retailer bucking the trend? liz: they are going hard-core, going after retailers saying if you do, will violate the family traditions and values the usa has held dear for years. also hurting workers who have to work. six fewer shopping days this year between thanksgiving and christmas. still we don't see the unions coming out saying do not open on thanksgiving. we will be striking or having strikes. target stayed open and target again is staying open this year from 8:00 p.m. until 11:00. classy later petitions to say we don't like that.

this year a sign of a weaker economy. stuart: they have to work but they know the store will contract at some point in the future because of this very weak economy. come back in again on this. a lot of our viewers, the vast majority of our viewers did not want companies, retailers, to open on thanksgiving because that breaks the thanksgiving family tradition. >> have to tell you personally i agree with that. family time is almost forgotten in today's economy. i try to grab every precious minute i can with my wife and my boys. to the extent people can afford to do so, i think it is good to spend time with family because it creates value in other areas that are not monetarily base. stuart: i know families that stand in line at midnight on thanksgiving, and that is a family event. and some want to get away from

their family. >> it is important however you define it the family value, the family unit, these things are going by the wayside. it pulls a lot of people apart, so i'm extremely concerned. i want a holiday that actually is a holiday personally speaking. stuart: i don't think in the immediate future are going to see the day that christmas morning stores open up for last-minute present giving and immediate discounts on the stuff they could not sell before. >> and then we would be great britain. >> now that you mention it, within a couple of years we are going to see that. you are spot on.

stuart: i got it right. thank you very much, indeed. do you have any last words on the morality of thanksgiving? >> tommy when boxing day is. stuart: the day after christmas. they are not open. enough, already. i cannot hear what they are saying to me, but i will read you this, the obamacare train wreck, broken promises now administrative fix. my take on that is next.

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stuart: monday morning the week after the great ipo and twitter down 3%. 4007 right now. look at game stop down, working with the postal service to make sure it can have more access to more trucking. down $1.

i have to say, it is getting ridiculous, the president breaks a promise, there's a proposal to fix the mess he created and that six would break yet another promise. ridiculous. here's my take. president obama had a huge political problem. millions will lose their health insurance and will have to pay a lot more to the coverage they are forced to buy, the white house flips an idea for a fix, just subsidize a lot more people, shell out a lot more taxpayer money. sink millions more into government health care. does america really want that? he breaks a promise and the taxpayer foots the bill. look at the cost, the government's own bean counters say this fix would raise the cost of subsidies to $1.2 trillion over the next five years, that is taxpayer money. we would have to borrow it.

you know that means for another obamacare promise? it would not add one dime to the deficit. diving deeper and deeper into massive debt. there goes another promise. there is no fix fo the worst pie of legislation in a generation. kill it. the president won't do that, but democrats facing reelection probably will. democrats cannot get elected on it. kill it now, please. impact life expectancy in the u.s., real estate in hong kong, nd the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuands beat their -year lipper average. t. rowe price. invest wh confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.

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stuart: it is a jam packed second hour, monday, november 11th, 2013, we pay our respects and give our thanks to the men and women who serve america. amazon breaks new ground, they will use those familiar postal truck for sunday delivery. will the judge approve of this private/public mission? the lady with cancer forced to change her doctors, her hospital and her insurance plan by obamacare. then the white house questioned her case. she's here. tragedy and devastation in the philippines, and here comes hollywood blaming global warming. janice dean takes that one on. the long decline of formerly great retailers, our retail vigilante is here with another name. and don't forget twitter. would you, should you buy at $40 a share? ♪ ♪

stuart: we turned around, we were down at first and now we're up theory 20 points. there is, by the way, a misleading headline this monday morning, and it says stocks are up 108% since president obama took office, and yes, they are, that's true. but does one thing have anything to do with the other? that would be is president obama the force behind the stock market rally? charles in. >> the stock market is up in spite of president obama. also you can look at it a different way too. when the president was elected in november, we had a real serious freefall in the market, you know? and so technically, you go from inauguration, but the fact of the matter is when he was elected, the stock market actually crashed after his election. we were severely oversold at that point. i think what the stock market and the american economy are

showing us despite the president's campaign, we've had the most impressive economy ever designed or built in the history of mankind, and it's chugging along despite everything. stuart: i think it's american corporations figuring out how to make significant profit with the work force they've already got, and it's the federal reserve pushing down bond yields to make stocks much more attractive. that would be my analysis. >> yeah. i mean, and listen, there are small little stories this morning, arkansas best, a trucking company -- great, you know, very good numbers across the board in every segment of the businessdoing better, these guys have figured it out, to your point. stuart: interesting. let's get to twitter, shall we? it's opening its first full week of trading. the bulls and bears are digging in their homes. a twitter bull, foxnews.com science and tech editor jerry mckaplan, i'm going to call him a twitter bear. trawl of you -- first of all of

you, mr. murphy. now, look, twitter or has retreated to around $40 a share. you still think this is a great stock, great company and a great buy at 40. make your case. >> absolutely. when the stock first came out, you saw a huge pop. there was a lot of hype. stock ran up to $50, now it's retreated a little bit. you know, if i look at this, i say this is actually a good time to buy, right? you don't want to buy at 50. at 40, you know, you have some potential upside here. stuart: all right, ted, before we leave you, talk to me about our viewers. should they buy this stock at this price and hold it? i'm not talking day traders or anybody else who's in and out quickly, i'm talking about people who buy and hold. is this a good time to buy and hold, ted? >> from my perspective, this is a long-term play. if you're a twitter user, if it's providing value to you, if you see where this thing can go,

you know, you're at 230 million users right now. they have a huge amount of opportunity for growth, right? you have got facebook at 1.2 billion users. so you have a lot of opportunity for them to grow their user base, and that's only going to help them advertise, get more advertisers or in and further monetize that platform. i think that long term there's opportunity here. stuart: okay, we hear you. jeremy kaplan's with us. you are a twitter bear. you'd say don't buy it at 40. >> i'm a little more skeptical. stuart: make your case. >> for one thing, the user count is completely misleading. yes, 230 million, a lot of those are fake accounts. those are robots, humorous, witty accounts. i like to follow the rover n mars. is that valuable for an advertiser? maybe not so. look, the thing to remember about twitter, it's a lot like microsoft in my eyes, interesting comparison here. microsoft built this massive platform for a lot of other people to innovate and grow

upon, and they sold software to everybody else. twitter does a lot of very interesting things, it's a great platform that other people are innovating on, but they're not really selling it to anybody, are they? where's the business here? stuart: i'd come back at you and say a lot of american -- this is another great american company. this is a technology leader. it's a brand new thing. this is a dynamic social network. and surely they can find some way of monetizing this brand new, unique system at some point in the future. >> at some point, certainly. they're going to have to. and there must be some way. there are a lot of things that they're throwing out there, a bunch of different ideas be it advertising, be it partnerships with tv companies, talk about presenting little clips of videos that are sponsored through a variety of people. interesting things tar coming, but right now where are today? stuart: so you're not buying it at this point, you wouldn't buy it at $40 a share, you've got to wait a long time before you see

the real potential from twitter. that's your case. >> that's what i'm thinking. stuart: back to ted murphy, where do you see the stock pric% going? >> look, i think you're going to see some fluctuation, it's going to go up, it's going to go down. you can't look at it day-to-day or hour to hour. you've got to say, look, do you think there's long-term potential for this? you think about the amount of data that these guys are sitting on, it's amazing. you hear a lot of these stories about, ah, the nsa is listening to your twitter conversations x they're harnessing all that data. why do you think that is? it's because there's so much insight there. and that same insight is gold for marketers. so i think that they are just at the very beginning of figuring out how to make money from this, and there's going to be a lot of opportunity potential long term. stuart: all right. jeremy, answer that one. they've got the data, surely they can mine it and make money out of it. >> a very good point. and, certainly, this is a service that is rapidly becoming ingrained in people's lives. i was reading this horrible

story about a murder in the paper this morning. the killer went back to his house and tweeted, basically, an apology and a confession and didn't think twice about it. tsa how ingrained it is in our lives, especially the younger kids. stuart: now you're sounding bullish. >> well, i mean, i think there's a future for it, it's just that right now i can't see where they're going, and i don't know what their plans are. stuart: jeremy, i'm told that twitter is old-fashioned, it's geeky. you've got to understand a whole bunch of jargon to actually use it and read it x a lot of people are put off by that. >> that's a negative. that's a treat point, and it's very, very true. >> i think that's crazy. it's crazy. stuart: go ahead, ted, make your point. >> that's absolutely crazy. that's like in the early days of the internet where people were like, well, the internet's only for geeks and people that are really techie. come on. the internet's come a long way, and so has twitter. you've got people from younger kids to grandparents that are using this platform, and as time

goes on, it becomes more visual, there's more -- [inaudible] i think that more and more people are going to get on this platform. >> as time goes on, this is becoming more and more insular with more inside code words. there isn't just an intuitive way to get into it first. there isn't a guide. it is at first kind of confusing. stuart: i want to sum it up like this: ted, you say $40 you buy it, you hold on to it, and you watch it go up from here, although you accept fluctuations in the immediate future. jeremy, you say you wouldn't touch it at $40, you might at a much lower price and then hold it when good things appear in the future. >> that sounds about right. stuart: ladies and gentlemen, i believe we have consensus. incredible. jeremy, ted, thank you very much, indeed. >> always a pleasure. stuart: to nicole, best buy. shares are up on an upgrade. >> a couple of them. three and a quarter percent at 43.7 t. jeffrey's raised the target to $52 up from $40, so upside

potential there, and they have a buy rating, and ubs also with a buy rating. and the other thing that's worth noting is that best buy itself noted consumer demand and is going to be one of those stores that opens on thanksgiving day. stuart: that's a good point. the list of companies, retailers that are going to open on thanksgiving, and some of them stay open all through friday night, that's a growing list. that's a real shift in what the retailers do on a traditional family day. and best buy is up on that news. but i've got to -- you've got to show me priceline. i just saw it going above $1100, right? >> reporter: it's amazing, 1 1105.11, it did hit an all-time new high of 1107, so pretty amazing as we're watching priceline continuing to climb. stuart: $1100 a share. did you see that one coming, charles? >> matter of fact, i did. [laughter] no, no, william shatner on the cover five months ago of

barron's saying that priceline was on trouble. i came on fbn and told people to buy it on weakness, it's up about 3 or 400 points -- stuart: did we ever find out how much bill shatner's got? reportedly, he's got a chunk. >> he made more off that than star trek and t.j. hooker. [laughter] stuart: there is no deal with iran on its nuclear program, that could be affecting the rice of oil. sandra smith at the cme, it's up 18 cents, the price of oil right now. what do you make of this nondeal with iran? >> reporter: well, it's a big deal. oil prices actually up 18 cents right now, we're just below $95 a barrel. brent crude, which is the european bench mark, it too is higher. the reason this is a big deal is you had six world powers, china, the u.k., russia, france, u.s. all stepping forward to meet with iran, basically saying that they would curb some sanctions

with iran, for iran if they were willing to curb their nuclear program. iran did not negotiate whatsoever. so this is really a sign that there's really no end in sight in these negotiations and, therefore, we're getting a pop in the european prices as well as the wti contract at home. very light volume, by the way, because of the holiday. >> so no deal on sanctions means the sanctions continue which means iranian oil is largely kept off the market. that continues. that restricts world supply, therefore, this being the case you would expect to see the price of oil go up just a little bit, and that's what's happening. have i got the supply/demand thing right? >> reporter: you got it perfectly. and the reason we're not getting a bigger pop on this news, stuart, is because we're still looking at almost a record as far as global oil production is concerned right now. that's very bearish. so while this is very bullish news for oil prices, the fact that we still are producing a lot of oil right now globally is what's keeping that rally from

being even bigger. stuart: all right, sandra, thanks very much. charles looks like he wants to say something. >> i just thought we were coming from weakness. why is iran calling the shots here? keep squeezing them this they say uncle. stuart: yes. >> and by the way, israel's got to be an integral deal -- stuart: prime minister netanyahu came right out with don't do this. >> yeah. i'm glad it didn't happen. stuart: prices, because tear coming down. the national average for a gallon of regular is $3.17. right on the cusp of $3.18. and there are now five states, count 'em, and look at 'em where the first number at the pump is a 2. missouri, $2.82, that's the average. oklahoma, $2.89, texas, $2.93, nebraska, $2.94. sandra, i say this is flat out good news. >> reporter: it is very good news, and it's very good news for the retailers considering a lot of people are gearing up to

go shopping for the holidays. we just sagas here in -- saw gas here in chicago at under $3.10. the fact that we're even starting to look at $3 a gallon is a very big deal for the consumer. stuart: you know, i fill up in new jersey, $2.96 the other day in new jersey on the side of a major highway heading to new york city. @ot bad, huh? >> reporter: not bad at all. and i know that you guys get a pump for you there. but, hey, listen, those state that is you showed that are already paying less than $3 as a state average, remember, those are all closest to the refineries. i always like to point that out when everybody says it is concentrated there. well, that's where they're able to get the oil to those states the cheapest, the fastest. but you'll start to see that spread throughout the united states because aaa is already forecasting ten more states by christmas will see the average below $3. so great news for everybody. stuart: oh, i think it is, flat out. when it goes down, they've got

more money to spend. that's altogether a good thing. do you have anything to say on that? >> new jersey has a lot of refineries, that's why we get these prices coming down, and only in new jersey and oregon do they pump for us. stuart: that's right. >> it feels regal. stuart: there's only two states in the nation where you are not allowed to pump your own gas, that would be new jersey and oregon? >> i think. i'm 80% sure. stuart: yeah. there's no such thing as self-serve in new jersey. it's a wonderful thing. >> it really is. stuart: especially for those of us who don't figure out pumps very well. amazon partnering up with the u.s. postal service, sunday delivery? private industry saving the postal service? how about that? will the judge approve? that's the question, and he's next. ♪ ♪ my customers can shop around--

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good news. i got a new title. and a raise? management couldn't make that happen [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. stuart: dow's up 26, and charles is goig to make us even more money with the sina corporation. >> it's the chinese version of

twitter. and this year, you know, thai supposed to be profitable -- they're supposed to be profitable this fiscal year. they're reporting after the bell, so that's my caveat, but the last four quarters it's been be 160%, 150%, 175%, so i feel pretty confident they'll beat. but wall street has been worried the same argument we've had about twitter, when are you guys going to start making money? this might be the report where they show they are going to make money. alibaba bought a 15% stake in this company for almost $600 million. stock is down a lot, i think it's going to retest $92. stuart: can i just say it's the chinese twitter, it's that simple, okay? it's worth looking at. >> we'll see tonight. we won't have to wait long. stuart: we won't. one of the country's most successful companies is teaming up with one of the government's most inefficient agencies. amazon working with the u.s. postal service to offer sunday

delivery. all right, judge napolitano is here. let's qualify this a little bit, it's just two cities, it's new york and los angeles this year. >> right. except new york means the new york city metropolitan area, so it goes to connecticut, new jersey and long island. stuart: and they extend this next year. >> yes. it starts immediately, this coming sunday. stuart: seems this is a wonderful thing. this is private enterprise using underutilized assets in an insolvent public agency. i say this is wholly good. >> yes, if you look at it that way, it is good. the big picture here is the post ample of perhaps the most inefficient aspect of the government. the post office is the government at its worst, because it is operated on the basis of political decisions rather than economic decisions. stuart: right. >> for example, ups and fedex cannot lawfully compete with the post office for first class mail. but they certainly can compete with the post office for delivery of packages. now, if ups or fedex or fox

news or general motors shut down for a day, they'd lose a tremendous amount of money. when the post office shuts down for a day, it saves a lot of money. so there's a startling example of how ordinary operating expenses are always in the red with the post office except for packages. stuart: right. >> when it comes to delivering parcels, the post be office actually makes a little bit of money. so here you have the classic entrepreneurial up from the boot straps create vast amounts of -- [inaudible] and amazon with the slow, lethargic political model post office and finding a way to work together. >> although you've got to give a shout out to the postmaster general who's thrown some ideas out there to cut the fat and, you know, obviously, he had to green light this as well. >> yes. >> and the congress, to your point, congress keeps stopping him. they want to keep these post offices open in towns with three people.

>> right. they also want to stop saturday deliveries because, again, they save money for every day they stop deliveries, and congress won't let them do it. think about this, ups and fedex do not deliver anywhere on sunday. now you have the post office which will be entering this marketplace, will it cause ups and fedex to start delivering on sunday, or will ups and fedex use the post office to deliver for them? which will give the post office even more work to do on sunday? and will first class mail follow the because if the postman is coming anyway, they might as well drop off those envelopes. stuart: they have an unrivaled delivery system, it reaches everybody in america. suppose it were gradually taken over by the amazons, the fedexs, the upss of this world? gradually take over the function of the postal service? wouldn't that be terrific? >> it would be absolutely terrific. correct me if i'm wrong --

>> uh-oh. >> did the cameron government p recently sell the royal mail? which is an older postal system than we have here? >> yes. >> it's now in private hands? stuart: yes. >> is it working any better or too soon -- >> too soon to say, but the principle was breached at the agency which had been run by the crown for, i think, at least 150 years, maybe much longer than that. it was then sold, privatized. they did an ipo, for heaven sakes. >> so are postal employees of the royal mail now private employees? stuart: yes. >> wow. stuart: i think i'm right in saying that. they're heavily unionized. >> this could be the beginning of a marvelous change here. for libertarians it's a little odd, because we know the model doesn't work. yet it says in the constitution the government shall operate a post office, so it's clearly constitutional. stuart: i've got a bone to pick with libertarians. >> uh-oh. stuart: you provided, you took away the margin of victory in the virginia guber that toarl --

>> you know, very strange case. stuart: that libertarian candidate, your guy, took money from an obama bundler. you couldn't see whattwas coming down the pike? >> isn't that -- very upsetting. there's also serious questions about whether his -- a libertarian who favors nsa spying is not a libertarian. that's a very unhappy outcome. if that race had gone another week, cucinelli would have won. because of obamacare. stuart: if your candidate had gotten out earlier -- >> no, i think the libertarian also takes from are liberals as well. stuart tooth not much. >> on issues like civil liberties. stuart: you're desperate, judge, you're totally wrong -- >> what am i going to do with my one-liner now, the government can't even deliver the mail? it's not going to work. [laughter]% stuart: drop it. judge, thank you very much, indeed. >> pleasure, stuart. stuart: president obama working on a fix for the obamacare train wreck, and regardless of what it is, know in this: it's going to

cost you bigtime. we'll deal with that next. >> if you have or had one of these plans before the affordable care act came into law and you really liked that plan, what we said was you could keep it. if it hasn't changed since the law's passed. ♪

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stuart: this, you've got to see. priceline, all-time high. $1103 right now, it reached $1109, that's the new high. you've got to look at twitter as well, i think we just dropped below 40. we went to 39.40, then it bounced back, 40.85 is where we are right now. then we have president obama. he is considering an administrative fix for obamacare. now, this fix would give more people subsidies to pay for obamacare as they lose their coverage or their ream yums go straight up -- premiums go straight up. this means more cost to the taxpayers. specifically, $1.2 trillion will be the total cost of subsidies if we did this over the next five years. $1.2 trillion. all right, charles, let me see if i've got this right here. this fix -- >> right. stuart: -- the president would extend subsidies to people making up to $50,000 a year for

individuals, 500% of the poverty level. >> right. stuart: all those people at that level or below, they get a subsidy. >> right. stuart: that costs $1.2 trillion in total. >> over six years -- well, 2014-2019, six year period. remember when the congressman, mike doyle out of pennsylvania be, bragged about his 33-year-old son getting a subsidy? that was the part i was most outraged about because a 33-year-old self-employed person, you know, this is not what we were told this was for. we were told it was for people with no health insurance, not to subsidize anyone, let alone someone making just a little less than 400%. now the president's in a fix, do you go from 400% of poverty to 500 president of poverty -- 500% of poverty? there are enough plans on the market that they can go out there right now without this mess that's been heaped upon us. stuart: you could say this is what he always wanted, because he's sucking more people into

government-provided health care. >> where does the cash come from? stuart: you either raise taxes or you borrow it, and if you borrow it, you're breaking another promise because he said he wouldn't add a dime to the deficit. >> right. we are bulging at the seams, are you kidding me? one more tax increase, and the dam breaks apart. there is an inflection point where these higher taxes destroy us, and we become france overnight. stuart: okay. this was a trial balloon. this was a leak from a white house source, that's how the media got hold of this story. bearing in mind the consequences of doing this, i'm not sure they can actually do it. so what are they left with? they're left with -- >> yeah. the proverbial rock and a hard place. you went out and lied to the american public, you were very cavalier about it in the days when it became apparent, then you gave a half-hearted apology to one person on tv in an interview instead of going on national tv with a sincere, succinct apology and some sort of serious compromise or being

contrite. where do you go from ear? raising taxes is always their last resort, and that just might be it. somehow the rich are going to have to pay their fair share once again. stuart: that will be the call. but i think the democrats will revolt. the democrats in the senate, there's 10 or 12 of them, i think they will revolt against this because you don't want to go to the electorate with this mess behind you and millions of people forced to the pay more. i think they'll do something about it. >> yeah, we'll see. stuart: all right. edie littlefield, cancer patient, she credits her doctors for keeping her alive, but because of obamacare she lost her plan. we have her with us. you will hear her story after the break. ♪ [ bell ringing, applause ]

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♪ ♪ stuart: last week edie littlefield sunday, who has stage iv gallbladder cancer, wrote a piece in the "wall street journal" about why her health insurance had been canceled. she blames obamacare. i'm quoting now directly from that article. for almost seven years, i have fought and survived stage iv gallbladder cancer with a survival rate of less than 2% after diagnosis. i am a determined fighter and extremely lucky, but this luck may have just run out. my affordable, life-saving medical insurance policy has been canceled effective december 31st. she will not with be able to keep the doctors she liked and the ones who saved her life. edie joins us now from san

diego. thank you very much, indeed, for appearing with us today. we're grateful for that. i'm sure you're aware that dan pfeiffer, who is the president's communications chief, tweeted out a message suggesting that the insurance company's to be blamed for the loss of your coverage. we've got that tweet on the air right now. what do you say to blaming the insurance companies? >> what i think that blame always does, is it turns against the person doing the blaming. when you have a crisis situation, what you need is you need to restore confidence. you need to restore confidence, you need to restore trust. and when you blame, you're doing neither. stuart: i know that you've been trying hard and fighting hard to get back the doctors who saved your life and the hospitals, the institutions which treated you. have you been successful? can you get back to the doctors

who saved you? >> it's going to be incredibly difficult. i actually have two choices here. because, you know, i lost my insurance company. they are no longer writing policies in california. and then i lost my insurance policy. so i have two choices, i can go outside the government health exchange and pay for my family of four it's over double the premium is over double what we had been paying. so it's not just a little bit. or i can go into the government health exchange, and in california it's incredibly restricting. there are 19 prices regions, each with their own plans. and so i have to choose between my doctors. it does not allow me to keep my team, the team that's kept me alive, the team at stanford cancer center and the team at ucsd morse cancer center. forget about the team at

houston, i don't see any way now that you can have the flexibility that we have had up to now and these wonderful opportunities to go and seek the best medical care. stuart: are you angry about this? >> anger's not the right word. i am scared. i'm scared. because i, frankly, there's not an easy path here. it's wrought with confusion, it's wrought with danger. and that's -- like when you're hit with cancer, you have a very short window of opportunity to make really right decisions, and that starts with your doctor. and trusting in a doctor. and so i've trusted in my insurance policy for the last seven years. i had it since 2005, and the cancer didn't hit me until 2007, so a tremendous amount of trust

with that insurance company. i know the claims people by name. they've never once denied my treatment. well, now whatever happens i'm going to be going to an unknown, an insurance company i haven't dealt with, people i don't know, people i don't have confidence in. and with cappser you have to -- cancer you have to make decisions incredibly fast because your life depends upon it. stuart: would you tell us the state of your health now? >> i've been so blessed. after having continuous cancer treatment for five and a half years every three weeks for five and a half years, last september the stanford cancer center was able to remove my upper-right lung which is where the cancer had spread. the cancer had spread in 2011 back to my liver and back to my lung. we were able to radiate the liver and with chemo, almost two years of pretty massive chemo and then cutting out the remaining cancer for the lung.

luckily, i dodged this bullet again. and so right now because we're able to do all of that, that medical interventions -- and i had help from md anderson in houston, from stanford cancer center and ucsd morse cancer center. so it took all of us working together. so right now, today, i'm healthy and vital and loving every day, every breath of life. stuart: yes, you are. and you have no idea what a pleasure it is to have you beaming on our show with us today. you are, indeed, blessed, ma'am, and we thank you very much, indeed, for being with us. i know you didn't want to do television, but we're very thankful that you did it with us on "varney & company." thank you, ma'am, and god bless. >> thank you, stuart. stuart: sure. isn't that great? >> amazing. stuart: it's fantastic. it brings tears to my eyes, i'll tell you. of consider this timeline for one with particular stock and this program.

friday morning, 9:45 a.m. eastern, dr. marc siegel appeared on this program to talk about a possible cancer vaccine. charles tweeted out the name of the company during the commercial break that followed that interview. by the end of the day, the right to buy the stock at a certain price were up more than 100%, and this morn toking the actual stock itself -- morning the actual stock is up 13%, northwest biothey are therapeutics, charles. take a bow. >> well, maybe the doctor should. when i tweeted it out, i did say make sure you're doing your homework. i hadn't had a chance to do any due diligence on it, but, obviously, it's pretty exciting. oppenheimer in october put an outperform rating on the stock. it's the biggest firm that covers it. a smaller firm i'd never heard of it put a buy on it. it does have some wall street coverage and, obviously, people were moved by the story. stuart: it's highly speculative.

>> extraordinarily, and it's, obviously, any stock that can move 100% in a day, you know, hold on to your hats. but, you know, we're going to definitely keep the audience updated on this. stuart: oh, yes. that's for sure. all right. thanks, everybody. our retail vigilante, his name is brian, he's up after the break. another major retail store has some locations falling into disrepair. he's got the pictures. which story is he taking -- which store is he taking aim at now? this song is a hit. ♪ ♪ [ bagpipes and drums playing over ]

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♪ ♪ stuart: the government wants bank of america to hand over $864 million worth of damages for its role in the subprime mortgage crisis. the justice department says subprime lender countrywide, which was bought out by bank of america right in the middle of the panic in '08, committed fraud by selling thousands of bad home loans. bank of america denies any fraud took place, and it is being held responsible for something which they didn't do. chrysler announcing recalls on 1.2 million dodge ram pickup trucks to fix a problem that could lead to a steering problem. the automakers knows of six

crashes, two injuries involving ram pickups made between '08 and 2012. less than half of the trucks will likely need repairs. hollywood has a new superhero, thor: the dark world, pulled in $86 million in its first weekend at the box office. notng, that's what? that's why i take prilosec ot each morning for my frequent heartburn. 'cause it gives me a big fat zero heartburn. woo hoo! [ le announcer ] prilosec otc. the number one doctor recommended frequent heartburn medicine for 8 straight years. [ larry ] you can't beat zero heartburn. and best of alall, it means i n enjoy all the foods i love. oh, zero heartburn is awesome. just like zero clery. ♪ [ male announcer ] prilosec otc. one pill each morning. 24 hours. zero heartburn.

♪ ♪ it's the most wonderful time of the year. >> it's that time of year again.

they're going back! it's back to school time at staples! over 7,000 supplies at guaranteed low prices. ♪ it's the most wonderful time -- stuart: okay. it actually might not be the most wonderful time of the year for staples. it is the latest retailer that our retail individual vigilanteg aim at. brian soaz si, at it again, welcome back. >> thanks for having me. stuart: you got pictures, and you say that the store is run down. >> correct. stuart: you're not saying the pictures are running it down, you're saying the financials, the internals of staples are bad. go. >> well, unlike the kmart and sears stories that we've profiled here on "varney & company," you would never even think badness was going on if you just went into the stores. the financials, for example, the north american business has been down for five straight quarters.

stuart: five straight quarters. the pictures aren't that bad. >> look at the back of staples stores. they're wildly unproductive. what are they selling back there? dusty furniture, open air and cardboard boxes. these spaces need to be repurposed, put in small business workstations that you could rent out daily, monthly, get people in the store, get some spending at the ups section. but number two, there's also no interconnected retail experience within staples. if i go to a copy section, nobody's telling me there's also an amazing online store for staples.com, i just see five printers, five out of stocks, and i get disappointed, i leave the store. stuart: is that what you saw? >> to my credit, five display items and four out of stock. stuart: you've made a practice -- not a hobby, you've -@made a living -- >> i'm not playing around.

stuart: -- looking at old-line retailers who you think are spiraling down. you take pictures of the store in disarray. you say sears won't be around within ten years, you think they're gone. kmart, you think they're gone too. are you going to make the same prediction about staples? >> i'm worried, and here's another key stat. in 2009 their free cash flow, 1.8 metric. last year? 850 million. that does not happen if something is not going horrifically wrong in the store. stuart: hold on, you've got to explain free cash flow of 1.whatever it is billion. >> basically, the cash that a business flow throws off minus their investment. staples trying to invest in their stores, it's not driving the right payback. and the big problem, you still have a long-tenured ceo at the helm since 2001 pumping massive dollars into repurposes when you should be closing stores and getting out of the international business which is operating at a loss. stuart: now, when an outside

investor took a big chunk of jcpenney, murdered the company. are you the kind of guy who criticizes from outside and offers advice to what staples should do? >> we don't have any recommendation on staples, we have a buy rating on best buy, but staples if you are an investor and you don't know what you're looking for, it could absolutely blow up in your face with a mass i have earnings warning because of the ridiculousness that's happening in the store. >> so they've got to get rid of the ceo. >> i think it's time for a change. they changed the 2013 compensation structures to emphasize sales, you're seeing toilet paper in the stores. your not moving. -- these items are not moving, but it can make the executives richer. stuart: so they've got to get rid of the ceo, you say. >> time for him to go. stuart: we hear you. thank you very much, indeed. dow's up 20 points, we're at 15,782.

15,8 is possible. the devastating typhoon in the philippines, 10,000 feared dead. and george clooney uses the tragedy to push his climate change agenda. we're going the deal with that in a moment. you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, aying ourselves to do what we love? ♪ pop in the drum of any machine...

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lou: i'm lou dobbs, coming up tonight, 7 eastern, camelot

died. james swanson documents the minute-by-minute account of the assassination of president john f. kennedy. he joins us tonight. please be with us, 7 eastern. stuart: time for charles, he says he's going to make us some money with charles schwab. that's the broker that i work with. >> well, it's a broker a lot of people work with. there's an article in the journal talking about the individual coming back into the market, so it's time for it to crash. it doesn't work out that way. we remember alan greenspan's irrational exuberance speech in 2006, we stayed irrational for another four years. i do believe main street will start to take a look at this. we get to 16,000, people will probably start to come in. i am worried about, though, is that the trades are sort of followed the trajectory of president obama's approval and consumer sentiment, so i like to see that reverse itself, and i think it will. the stocks breaking out next

resistance 26, after that my target is north of 30. stuart: good looking chart. >> beautiful chart. stuart: this didn't take long, just days after the philippines was hit by a typhoon, george clooney had to weigh in blaming the disaster on global warming, going on to call skeptics of global warming stupid and ridiculous. fox news chief meteorologist janice dean is here for more on this dispute and debate. of janice, can you -- is there a direct link between climate change, global warming and this typhoon that just hit the philippines? >> no. it's irresponsible to blame this typhoon due to global warming of climate change. and the last time i checked, stuart, i don't think george clooney has a degree in atmospheric science, and i don't believe the ams, the american meteorological society has given him a seal of approval. so i think it's irresponsible

for him to open his mouth without being educated. it is very irresponsible to name one storm which, by the way, we are saying it's one of the strongest typhoons in history, but we still have not got the qualified wind speeds. it is based on satellite presentation only. we still don't have the verified wind speeds from the ground as this typhoon was making landfall. so, you know, to blame this one event on climate change, global warming is really quite silly. and if you go back to 1969 when we had hurricane camille making landfall in mississippi and louisiana, that was a category five with verified wind speeds of 190 miles per hour, and back then were we blaming that on climate change? this event does happen. category five storms do occur. and because, obviously, this was a catastrophic event, it's gotten a lot of attention. but for an actor like george clooney or anyone, for that

matter, to go on and put it on the regard that it's because of climate change, global warming so, so foolish. stuart: thank you to janice dean for that analysis there. that's good coming from you. now, what are you doing at the villages in florida right now? gotta ask. [laughter] >> i know you're oing to have the gypping l in your head, right? the villages. ♪ florida's friendliest hometown. we're here for a very important reason. okay, obviously, that typhoon did incredible damage in the philippines. well, these folks here at operation shoe box are going to be sending care packages to our troops that are helping those in the philippines, and our troops all around the world. what they do is they pack care packages that have things like q-tips and razors as well as shampoo, hats, christmas stockings. this is a great event that these people, all of these volunteers do and send these care packages

to our troops all over the world. what an event, we're packing our millionth box today. stuart: well done, janice. out of time, but well done on this veterans day. janice dean, everybody. great stuff. more varney in a moment. welcome back. how is everything? there's nothing like being your own boss! and my customers are really liking your flat te shipping. fedex one rate. really makes my lif easier. maybe a promotion is in order.

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>stuart: is a very modest rally. up 26 at 15787. now it is time for dagen and connell. dagen: thank you and is veterans day. connell: before we do anything else, we will go to the new york stock exchange and talk about the big stories on the day. dagen: to our veterans, you are the reason we are free. connell: a moment of silence going to the top of the hour. here it is.

[moment of silence]