♪ >> we hear by award the government's bean counters a medal for honesty, but the democrats, they take the gold for creative spin. good morning, everyone, another bombshell from the cbo, raising the minimum wage will cost a half million jobs and here comes the president's spin machine. if you keep your job, you will be helped. call this the inconvenient truth, part two. netflix slows down, that's a disappointment for the tens of millions who want their house of cards. the president goes to mexico

today. it's a three-way summit. watch out, there will be a confrontation with canada's prime minister. why won't we build the pipeline to take his oil? and technology companies clearly the place to be. [ male announcer ] this is karen and jeremiah. they don't know it yet, buthey're gonna fall in ve, get married, have a couple of kids, [ children laughing ] move to thcountry, and live a long, happy life together where they almost never ght about money. [ dog barks ] because ght after they get mared, they'lfind some financial folks who will talk to them about preparing early for retirement and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade.

>> president obama all in with his plan to raise the minimum wage. just yesterday touting his executive order that raises that wage for all contracted federal workers. listen to this. >> now, in my state of the union address, i said that this would be a year of action and i meant it. so, over the past three weeks i've asked that require federal tax to pay their employees a wage of 10.10 an hour because we believe a higher minimum wage. stuart: get ready for the spin. a new report from the

nonpartisan congressional budget office finds 16.5 million workers would get a wage if the minimum raise goes up. it's not all good news from the report. here is a number you're not going to hear from the administration. if that minimum wage goes up to 10.10 an hour, our economy will loose 500,000 entry level jobs. half a million jobs will disappear. 16 million people will keep their jobs, if they keen their jobs, they get a raise. for the second time in as many weeks, the bean counters delivered bad news on president obama's key policies. number one, job losses from obamacare, number two, now we have job losses from a minimum wage hike. the administration is trying to spin both as positives. all right, time is money. 30 seconds and as usual, it's the technology area that's making headlines. move over google glass, it's

icis. it's i-c-i-s. and the unit has developed a diabetes smart pill. and the pill will contain tiny needles when swallowed could deliver medicine as it passes through the small intestine. google meets pharma. gee-whiz stuff, and an e-cigarette that's also a phone. it couud connect to any bluetooth enabled device and could play music from spotify. can you imagine that with a nicotine fix? technology is king and the nasdaq closing at its highest level in 13 years. nasdaq is all about technology and a 13-year high. the bell is next. (vo) you are a business pro.

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don't wait until you become the next victim. ♪ ♪ ♪ you're the meaning of my life ♪ >> you're inspiring and help us beat the other guys and you're going to at the point us do it at the new time, monday with the new time. same show, two full hours. we're a minute from the opening

bell. i think we've got larry levin joining us from chicago. are you there? yes, you are. what's with the price of oil, larry? i glanced at it $103 a barrel. what happened? >> yeah, it happened above the $100 level and that's what people were leaning on and everybody wanted to be short oil below $100 and above $100, everybody is out 103. stuart: and i'm happy to say i'm still paying $3.2 in the state of new jersey. the opening bell has rung, it's thursday-- is it thursday? no, it's wednesday, wednesday all day and the dow has opened with a 9-point loss. 16,120. right from the get-go, take a look at zale's bought by their rivals signet by a billion dollars or more. charlls recommended this way down when it was $5, didn't you. charles: 5.20. stuart: did you tell people to

sell it? >> we took profits. we were up 200%. there's a lot of stories, the first stories, a lot of moral to the story that the audience should know. first of all, at $5. how many people watching the snow last year could have bought the stock at $5. and secondly, the idea that something has reached its peak because it's up if the fundamentals are proved, then the stock-- >> they don't want to chase it. they see a stock go up, an up, up, that's as far as it's going to go. charles: it's not the chasing part. that's all americans do is chase performance and that's a mistake they make, but they do sell too soon. in in case you can't get mad if you made 200%. but i'm happy-- >> another one of your pictures, lumber liquidators, they came in with strong numbers. nicole, tell us how well charles is 0 doing with this one? >> this is a great one, charles. the shareholders are happy watching lumber liquidators, up

3.7%, it's a great performer, it's been up over 50% in the last year and came out and topped analyst estimates and a share buy back plan. so it's a fourth earning-- >> and it helps that the founder holds a fundraiser in his own home for president obama. but i digress, i digress. moving on quickly, please. should netflix subscribers pay more for all of the band which h had-- bandwiith they're using when bingeing on house of cards? and the all time high yesterday was 441. this morning, it's down 1% at 432. now, look at apple. important news here. it's gaining smart phone market share in china. no reaction on the stock holding right there at 5:45. here is what got our production team talking today. the steve jobs time capsule

unearthed in aspen, buried in 1983 during a design conference. it apparently contains steve job's lisa mouse and we've got more coming up. and tech rules on varney and here is one of the reasons why, the nasdaq is at a 13-year high. charles, we've come a long way from the dot com collapse. but not all the way back? >> not all the way back. the stocks leading this or real companies, it's not hedge.com. it's not a bunch of companies where on a monday people wrote a business model on a napkin and by friday they were publicly traded with the stock up 100%. having said that, the reason that tech is amazing. almost every model is around disruptive technology. imagine football and they made it illegal, for years with football the team that kicked off the ball would drive a wedge, one guy on the other

team, he was nuts, crazy, a wedge breaker and that's all he did, he didn't care about a tackle or anything, wedge. that's what technology is, that's what they do. they want to kill, break uppthe wedge. a lot of times they don't know how they're going to make money, but they want to rattle things up and shake it up and make it different and then sometimes they figure out, hey, can we make a profit off this crazy thing? and that's why they're rocking. think about h.g. wells, jules all of these things coming to fruition in our lifetime. stuart: it's good stuff, charles, bring tapassion to it. and ever driven behind someone herky jerky behind them. and they're out-of-towners, don't know where they're going. garmin, look at the stock.

>> i don't want to drive next to someone driving herky jerky, looking at his garmin. the stock is up. they sell other things in addition to navigation system. they sell fitness and aviation equipment and that helps in the latest profit and revenue. the garmin gps systems have fallen off a bit and hit a new 52-week high. 52.72. stuart: 10% gain for another tech stock. good stuff. thanks very much indeed. we're having fun and grover norquist is here, he's for tax reform and he's got a smile on his face. no wonder, i'm going to get to that uaw victory you pulled off, but first, i've got to ask you about the cbo report. a half million fewer jobs if the minimum wage goes up to 10.10. do you trust the numbers? sometimes you haven't in the past, do you trust the numbers?

>> historically whenever you raised the minimum wage there's been unmore unemployment particularly with young people. so that's in keeping with history. i think the president is trying to lengthen the period of puberty and teenage opportunities to go to the beach and other things like that and not get tied down with a job until you're more like 25, 26 perhaps. so, you know, it's really a blow for recreation and letting kids be kids until they're maybe early 30's. stuart: sarcasm is a low form of wit, glover norquist. i think you know that. >> okay. stuart: let's move on to the uaw defeat at the vw plant in tennessee. you came right out there and you got involved in that. you were trying to persuade workers not to accept the union. you had something to do with the rejection of the union, i've got that. the other side of the story, the uaw's track record is so bad with the car companies, that the workers feared for their future

and i know you pointed that out, but it was the uaw's failure, as much as your success. >> oh, look, all we did was ran some radio ads and put out some material and ran some billboards with pictures of detroit brought to you by the uaw. do you want this to happen to chattanooga. chattanooga is a growing city. the uaw-- like before and after when the locusts show up in the neighborhood, they eat up everything. when you have parasites that do damage to the host, you want to look and happen to the last guy that the parasites went after before you invite them into your house. and the united auto workers kill jobs, kill neighborhoods and destroyed the city of detroit and i think that the people in tennessee and chattanooga and other southern cities being start targeted by the united auto workers are saying, hey,

not here take your plague of locusts and bother cleveland. stuart: was it a debate for president obama? the unions are a key constituency, he's moved heaven and earth to try to get union membership xpanded. is this a direct-- >> yes, president obama tried to end elections and why president obama and the union bosses don't want elections to create new unions, they want to do that card check thing. several times in the last two years, the union-- oh, we have the card checks, we have them, we have them. and no they didn't. and people were fibbed to about what they were signing or perhaps didn't actually sign it themselves. card check would have forced all of these people into a union. when they have an election, a secret election, they're able to say no. even though the company didn't protect the workers by letting them hear an alternative view. they had guys literally in black shirts, no joke, walking up and

down, uaw guys up and down taking people and talking to them why they should join the union. uaw guys. there was no one there explaining to them the damage that unions do. so we and others helpee raise the visibility, but look, people know what happened to detroit. they know what the united auto workers have done to other places. stuart: well, grover the top union guys are having a meeting in texas right now figuring out where they'll go from here. i guarantee you are not invited. thank you for joining us, however. yeah, boohoo. >> i can be with you if not with them. stuart: thank you, good to see you. i've got to update what's happening from overseas. in kiev, the capital of ukraine. the protesters creating what they call a ring of fire, protesters from the riot police. three months of protests have come to a violent head here. demonstrators want stronger ties to europe. ukraine's president wants

stronger ties to russia. the country is split. the protests have been violent. at least 26 people have been killed in the last 36 hours and that includes a number of police officers shot in gunfire. that's a serious situation, but no financial implications so far. two tech stories for you coming up after the break. fans of netflix' "house of card" listen up. your internet provider might limit how much content you could stream. could cost you. and the game console wars, we're into that as well. playstation the clear winner over microsoft's xbox. both those stories coming up in a second ♪ (announcer) scottrade knows ou clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend moreime trading.

their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in instor satisfaction i trade like me. with self-directed services by j.d. power and associates. my dad has aor afib.brillation he h the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stro. that's why i take my waarin every day. but it looks like maybe we should ask ur doctor about pradaxa. in a clinicatrial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin prat reducing theran eterisk of roke.te)... and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental proce.

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>> it is wednesday all day and we've opened two of the up side.

we were down 30 and now we're at 16,139. where is gold, only down 4 bucks. 1320 is your price. look at panera. it gives a disappointing for forecast and goes up. and lazy boy, if you're snowed in don't you want a la-z-boy? >> beware netflix users, if you're on verizon' bios system, it might get slower. they're saying netflix is using too much bandwidth. and they're slowing down the speed. it's herky jerky. using that expression. all right, russ, explain what's going on. for the tens of millions of

people who get netflix, they're not happy. >> basically verizon is looking to make money here. right now people have an unlimited all you can eat bandwidth and they kind ever want to say, hey, maybe there's a way to limit that and maybe what you can do is pay extra and get a faster service and you won't have to worry about your bandwidth. stuart: is it verizon slowing down netflix? >> absolutely. stuart: they're dialing it down. >> they're dueling it down and a lot of it comes from the recent regulation because of net neutrality and stuff, a company can say we're going to slow down this site and not this site. there's a lot of layers to it. stuart: so they slow down netflix and turn around to-- this is verizon and the people with this, verizons of the world say to consumer, oh, you can get netflix streamed at you as fast as you like, but you've got to it pay. >> a little extra. all of the telecommunications companies are going to enact these ways to make extra money.

stuart: is bandwidth limited anyway? >> no. stuart: it's not? >> there's unlimited bandwidth? >> essentially, yeah. stuart: gate keepers, verizons of world, wanted everybody to have as much netflix they could do it? >> absolutely. there's not a limited tuba certain number to go through. charles: what about netflix in this? we had this topic in my office this morning and one of the persons on the research desk said she stopped watching netflix because it pauses, it comes in intermittently, it stops. at some point where does netflix fit into this? >> i don't have those issues. >> and if someone stops watching netflix and enough people stop. do they pony up money? >> certain companies say if you're using a lot of bandwidth, you can pay us and we won't throttle you. stuart: the bottom line, the

carrier, the verizons of this world, they make the money. got it, i want to move on. 5.3 million playstation 4's sold since the launch of the ps 4 and i'm told that it's outselling microsoft's xbox by roughly 2-1? >> to give you an idea, so the sales, microsoft sold about 3 million in the last year. stuart: yeah. >> so we don't know where they are right now in the middle of february, obviously, so they might be closer to that, but it's pretty well agreed upon that playstation is outselling xbox. stuart: why is this a big deal? >> it's surprising, initially, i will admit that i thought xbox was going to do better and i think a lot of it is the pr issues when they're trying to launch the thing, if they're spying on you or a camera looking at you. what are they tracking? a bad pr story and i think that hurt them. that being said, come march there's a huge game release and i think xbox sales will increase

then. stuart: technically as user of a console, you think that xbox is superior to playstation 4. >> i think it's good for certain things. if i'm looking to watch tv or netflix, xbox is better. if i'm looking for really good games, playstation. stuart: i'm trying to wrap my ideas around a game-- it's not a game box anymore, but-- >> for microsoft, xbox has been one of the most successful in the last decade. stuart: the only winner. laugh it up, charles. one of the days you're going to put microsoft on death watch or recommend the things. one. days. charles: i'm in the middle right now. stuart: on that day, i retire. steve jobs, and there's a time capsule buried back in 1983, well, they dug it up in aspen, colorado. it's kind of a window onto the

past, the beginning of the tech revolution, so what's in the capsule? we know and we'll tell you next. ♪ if i could turn back time ♪ ♪ if i could find a way ♪ ♪

>> hot pockets, love them or hate them. nestle voluntarily recalled two hot pocket products as part of a larger meat recall. i thought they were chocolate, apparently not. what's with this one? >> there was a recall from the company rancho, and they supplied some meat to nestle. the regulators say they processed diseased and unsound animals. stuart: that's a-- >> without full federal inspection. yeah, this ain't a good one. stuart: the stock is only down about 70 cents. charles: it's a small part of nestle, but it's not good. hot pockets are the butt of many jokes around the country. stuart: moving swiftly along. steve jobs buried a time

capsule, filled with products, and jocks predicted many innovatives today. they originally planned to open it in 2000 and couldn't find it. now they've got it and opened it and russ, you're still here, the mouse, was that the mouse that steve jobs used to demonstrate? >> yeah, essentially he was up on stage using the mouse, that's pretty cool. but i think the overall concensus, there was a rubics cube in there and a beer. i don't think that everybody was expecting a treasury trove.

how about that.

stuart: february the 19th. the sun is shining in new york. we see the faint green shoots of spring and we are happy.

wait, there is more. we have the young mother who hurdles down the ice on a tiny sled had first. she is here today. we had a rabbi. he was in the front rows and gobbles when iran's president made its peace offering. google. doctor siegal. the cbo's battle for honesty. yes, the judge. why is he so riled up about the immigration guys taking a picture of my license plate? now you know. ♪ ♪ stuart: 24 hours ago, you heard

charles payne recommend ubiquity networks. look at it right now. look at what it did yesterday. it went up another 10%. charles, this means you have influence. you have a following. people follow you and they do what you tell them to do. charles: it is a lot of pressure. people who know me know i work really hard. i will not always be right. it does hurt when i am wrong. even though it is inevitable. stuart: you have talked about it in the past. you will recommend it again today. charles: one of the 3d companies

about two or three weeks ago had a bad earnings report. they have all come down. they recently took over a company that do desktop printers. when hewlett-packard makes a big splash, i think they will probably go for a strategist. i am 99% sure that they will. the company does well. extraordinarily successful company. i think you have to use that as a buying opportunity. stuart: check the big board. we are up 42 points. we have a 70-point swing.

we are hearing a lot about the weather. several companies saying that this brutal window is not over yet. who are they? charles: mcdonald, gmc, ford. we just talked about lumbar liquidators. they talked about this. they were able to give us some pretty solid guidance. gmc had some serious issues with the way people were changing the diet plans. always the backlash against vitamins. ford is having some competition issues right now. stuart: are you saying that these companies are using the weather as an excuse? charles: yes.

i hate when i hear a ceo in the first thing out of their mouth is the weather. stuart: let's get to nicole. nicole: he is a good picker. 40% to the upside for sales corporation. sales jewelers basically. met has moved forward with a $21 a share takeover offer. they have hit new highs. stuart: thank you very much, nicole. first it was obamacare. the cbo says a half million workers will lose their jobs if we raise the minimum wage to

$10.10 an hour. mary kessel joins us from the "wall street journal" now. what is the white house spin on this latest job losses from the rise in the minimum wage? >> it was less than a week ago that they came out with these. their pitch is if we give workers raises, they will take that money and stimulate the economy. the same logic they use without more than a billion dollar stimulus. companies do not passively accept forcing them to raise their wages. they will make adjustments. stuart: a real problem for president obama.

the ceo has poured some very cold water on the president's policies. he cannot back off, can he. you almost had to feel embarrassed for this guy trying to push this policy i think you did the best job that he could. that cbo very clearly says that very few people below the poverty line would be helped by this. he is also redistributing the income. >> i looked at that report. a third of a goes to people who

are already making three times the poverty level. only 19% of it actually goes to people under the poverty level. >> that is right. many of these low income earners are not living in low income households. i think the cbo did the country a service. they explained what every economist understands. raising the minimum wage costs jobs. it has an effect on the economy. stuart: thank you very much, indeed. president obama heads to mexico. they are expected to discuss key issues that are being held up in congress. what will the president tell the canadians? i want your input on this one.

>> i think that he will say that it is out of my hands. nevermind that they they have reviewed it several times already. let's hope we can push this off to the next administration. charles: he will be talking to to procapitalist. he make it a lesson in capitalism from our friends in the north and south. stuart: my, how times change. some stocks for you now. check out facebook. it is still on track for a new height early this morning. check twitter. up on the first day. insiders could start selling. it is down $1.60. twitter right now at 56 as we

speak. it is venture capital unit. who better to ask than this. this is not google's all laboratory that has come up with this pill. >> the hundred or more patents on biological agents. he is the real deal. stuart: it is a pill. you swallow it. as it goes into your small intestine, the needles reject the required drug into your small intestine. it delivers the product right in

there. is that accurate? >> not bad. let me change that up a little bit. most of the pills you take get chewed up in the stomach. when you digest the pill or medicine in the stomach, it goes in the liver. before this, when they got to the intestine, they have done this before. in the intestine, powerful enzymes digest the product. they destroyed it. that does not work either. here is a robot pill. it is made out of a polymer. when the intestine starts to deactivate it, it breaks down the outer coating. carbon dioxide is made.

it has not been tried in humans yet. it is about a year away. it has been tried in animals. it is about a year away. cheryl: i do not know if you have an opinion. >> i like what they are doing with the skin. that is another version of this. the problem in all of these cases will be how accurate it will be. some people's skin absorb at different rates.

stuart: you come up with a real good sure, a treatment for diabetes. you will make a ton of money. >> if you can -- it is more than just diabetes. stuart: the bill is broader than just diabetes. >> you got it right the second time. stuart: homeland security wants a national license plate tracking system. big brother would know when and where you are at any given time.

the judge is next. remember, we are moving. varney and company is on 11:00 a.m. until 1:00 p.m. eastern. a full two hours. >> congratulations. let me know what that is like. ♪

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use promo code onguard. order now and get this document shredd to keep sensitive documents out of the wrong hands. ♪ ♪ stuart: kathy sibelius does not think obamacare will cost our money any jobs. listen to this. >> there is absolutely no evidence. there is no job loss related to the affordable care act. part-time positions re down since 2010. not up.

i know that that is a popular myth that continues to be repeated. it just is not accurate. stuart: 33,000 jobs have already been lost as a result of that medical device path. it gets worse. expect to lose another 132,000 jobs as a result of that tax. that is a direct contradiction of what she said on "money". they are choosing to ignore the facts that and packed call it a myth that this will result in job losses.

>> i do not get it. medical device workers want to be liberated from their jobs. the problem is they are netting out. when you have a medical device tax hitting revenues, that is a big deal. they are treating medical devices like cigarettes or alcohol. of course that will lead to firing. stuart: as if you are not being trapped enough already on your phone and internet. now the government wants to track you wherr you drive. it will give them access to where you are driving and when you drove there. they claim this will help find criminals and illegal's. judge andrew napolitano is steamed and he is here.

i am not making a joke about this. i do not understand why. i know you quite well, serve. what is wrong with a police department and an instrument of government taking a picture of a license plate. >> the fourth amendment to the constitution puts a bar on the ability of police to commence an investigation and may have to jump over that bar. they think that there is something wrong that the person driving the car is a bad guy, they can check it out. they cannot willy-nilly check out anything that they want.

they cannot commence an investigation on anybody that they want. these department of homeland security, without authorization from the congress, want to take a photograph of every license plate on every motor vehicle in the united states of america everywhere you go. that is a moral equivalent of having a federal agent in the trunk of your car. that is not the way we operate. >> the world is very different

from the inside. stuart: maybe it does look different. maybe that is when you face the reality that you need this kind of tracking. >> we are on the same side on not one. stuart: you got me. >> stuart is speechless? [laughter] stuart: it is rare. we will end it right there. [laughter] the dow industrials, let's cheer up a little. of 81 points. i am delivering good news. get it off the judge. we are up 81 points. 16,200.

>> there are people when money is made when the market goes up. stuart: next, my take. why do we abuse our friends? we do, you know. my take on that is next. ♪ ♪ ♪ [ male announcer ] you're watching one of the biggest financial services cpanies in the country at work.

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which will cause me to miss the end of the game. the x1 entertainment operating system lets your watch live tv anywhere. can i watch it in butterfly valley? sure. can i watch it in glimmering lake?

yep. here, too. what about the dark castle? you call that defense?! come on! [ female announcer ] watch live tv anywhere. the x1 entertainment operating system, only from xfinity. stuart: strong numbers from lumber liquidators. this guy is hogging the show. the stock is up. falling steel prices. it will not impose tariffs on steel pipes used in the oil industry. down it goes. the silver medal winning mom who slides headfirst down an icy track at 80 miles an hour. why does she do it? we will ask her.

what do you think he will say about that? he will join us in a couple of minutes. this is the modern russia. openly beating female protesters. i call that flat-out disgusting. we will explain it all at 1035 this morning. ♪ stuart: one of these days, we will have a president who appreciates america's friends and goes after america's enemies. clearly, we are not there yet. here is my take on canada and the pipeline. the pipeline will come up. canada wants it builds. canadians were deeply offended when america cup delaying it. they are our friends and we continue to tick them off. why? the president may believe his

own global warming position. all right. dig a little deeper. canada's oil is heavy. if the pipeline is built, that oil would come down to the goals and replace the heavy oil that comes from venezuela. the socialists would not take a hit like that. they would not like it. venezuela would collapse. venezuela is our enemy. do we insult our friends in canada and support our enemies and venezuela? the president does and says nothing. syria gasses its own people and we advocate and put putin in charge. it is a long, long list. we will add to it today.

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to some disturbing new video out of sochi. this is awful. members of the rock band pussy riot with outside of a restaurant. no further comment needed. that is enough. the cbo spin machine in full mode at the white house. refuting a second cbo report in two weeks. raising the minimum wage will cost 500 jobs. the white house appears to be saying there is nothing to see here. reminds us of kevin bacon from

animal house. rich edson joins us now. >> i do not think we need to look to animal house for this. i think we need to look to monty python. stuart: you are a standup comedian. i know you are. that was very good. rich: the white house was just asked about this. in this report review a key point of it. they respectfully disagree with the congressional budget office and there are other economists who agree with them.

stuart: it is a difficult subject. i give lessons relatively cheap. >> very good. stuart: this is a serious subject. you have a spin machine and full mode here. it contradicts the president of the united states and his policy. >> it is a big deal. they back up the actions that they would like to take. >> look, 900,000 people will be raised up out of poverty. that is what the cbo says in the white house plays it up.

there are two sides to this thing. >> people are hurt by layoffs. it is just a rounding error. 98% of all workers will benefit. that is 98% of people who will be helped. never mind the people who would face layoffs. again, a rounding error. stuart: the dow industrials are up close to 100 points this morning. up 95. crossing 16,200. iran's president making a big splash at this years world economic forum in dow most. he got the rock star treatment. they hung onto his every word. why are some of the best and brightest celebrating a man that some golf your evil?

the best and the brightest made no objection to this. >> he got up in front of them and he lied and lied and lied some more. he had the gall to say he was democratically elected. these are people with phd's and everyone was clapping. they followed him around as if he was something really special. in that week, according to the un, iran hung 40 people from grains in public places. it is evil to the core. stuart: you were in the front row. >> it is amazing the kind of job even the iranians diplomats were doing on her. don: do they pay any attention to you?

>> i try to walk over to the foreign minister. my father was born in iran. what is your problem? he is a religious man. his security solemnly walking over to him and they quickly moved him away. i am sure he saw me as a real threat. we know that iran is an evil regime. you cannot practice moral martyrology. there has to be a hatred of evil. they just celebrated their anniversary with death to america. they are so filled with hate. they mean it. fund terrorism ald the world. they kill people. they are barbarians.

what sickens me is my people had a holocaust 75 years ago. they are calling for another one. our government legitimizes this. stuart: did his appearance enhances status? >> he was a rock star at the world economic forum. >> he probably got half of the moments. he was not prepared to use this pr style language that just kind of appeal to elites. they are engaging in a extremely successful pr front. nothing but the pr profit.

he is the supreme ruler of ironic. he called jews dogs. he hates america more than he hates israel. stuart: how did you get to sit in the front row? >> by being industrial. stuart: i note your position did i know who you are. i am surprised you managed to get into the front row. to be fair, the people who run, they came up to me quietly. this guy is an expert liar. this guy has no tell. stuart: we appreciate your appearance today. >> thank you for having me.

stuart: thanks, rabbi. this is "varney & company." we love a good american comeback story. we have one for you. ♪ ♪ i need a hero mobile i am holding on for a hero till the end of the night ♪ ♪ fe's work. we strive for the moments where we can s, "i did it!" ♪ we a are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours.

♪ stuart: tech is king. we tell you every day.

the nasdaq hit an all-time high yesterday. we have the latest tech headlines for you. should subscribers pay more for all of the bandwidth they are using? the headline today is that netflix is slowing down. the stock is down two dollars. apple gaining smart phone appleshare in china. the steve jobs time capsule. buried in 1983 during a conference and contains steve jobs mouse. as well as some personal items. the skeleton lady goes down 80 miles per hour head first. the local

stuart: the companies part of everyday life over there. it is expanding into hong kong with smart cars. sandra and liz, a smart card from ali baba. >> you can hop on the bus. you can ride the subway. you can also go to a movie. they do not currently have a big

presence. stuart: they will go public. if i want to get on that before they go public, i buy yahoo!. liz, these smart cars -- they are different from the magnetic strip charge card that i've got. >> that is absolutely right. china has been way ahead of the u.s. these are the wave of the future. the equivalent of us using our new york city metro card. stuart: smartcards are going to have to come here. very soon, i suspect. four years ago she missed the medal stand in vancouver by a lousy tenth of a second. she thought she had raised her last. she was a mother.

she was 27. she was done, she thought. the desire to compete led her to sochi. she joins us today from sochi. congratulations. it is great to have you with us. i was telling our team this morning that you lie down, this is a skeleton event. you go down headfirst at 80 miles an hour. why on earth would a young mom do something like that? [laughter] >> oh, man. that is a great question. i had a great start with track and field i was 15 years old. i tried uploading. i went on to skeleton. all of a setting, here i am. well, years later lots of dedication and commitment. stuart: you are sitting next to a kellogg's rice crispy box.

i have a suspicion you will be on that box. you will make some money out of this. you are one of the very few people. congratulations. you will make a ton. >> i absolutely love kellogg. i have a 6-year-old and a 2-year-old. they are in love with kellogg. they have a great program of giving back to kids that are going hungry. it is a perfect fit. stuart: we thank you very much indeed for being with us today. i am sorry about the delay in our conversation. i did not know that you have two children. i take my hat off to you. you are terrific. thank you. i thought she was great. by the way, we asked our

production team this morning, a people sitting around a table. how many of you would go down the ice pack at 80 miles per hour headfirst. every single one of them said yes. i would do it. >> no way. stuart: some said that they would do it for free. you would not do that, sandra? sandra: no. i would not do that. she did this even after she had her children. most parents tend to take less risk. congratulations. >> congratulations to her. stuart: cars that will talk to each other. help avoid accidents, maybe. we will explain it all in a moment. ♪ l stations come over to mission a for a final go.

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stuart: watch out. look at natural gas. a four-year high. >> we keep getting these winter storms. snow is piling up. we are seeing natural gas supplies at their lowest level since 2004. prices are already up about 33%. we are facing a very bigg3

decline. it could be a huge problem. we could see extremely high heating bills. stuart: a wake-up signal to new york state. get out there and frack for the natural amounts of gas. according to a new report, five years from now, one in every four cars in the road will be connected to the internet. giving them the ability to do anything from downloading music on-the-fly to communicate with other cars on the road to avoid accidents. i am inclined to say, liz, so what. my car will be talking to the card next to me if i go over into their lane. >> it is to avoid crashes. this is a spin out of that bmw

super bowl commercial where that guy is driving into the driveway. it was a funny take on that. we will have cars that have the same systems in them. whether or not the government mandates that is another thing. >> there are huge safety concerns. people want to not only bee3 connected to their phones while they are driving, but that means businesses will find a way to connect. stuart: it is coming. i welcome it. i see it coming. i think consumer demand has to shape the way the computer arrives.

stuart: i think that we will want this in our cars if it is made user-friendly. make it user-friendly. >> the government was already talking about mandating those user cars. the government should stay out of it and just answer the consumer. stuart: what would you put in a time capsule? we asked you that earlier. we have some answers and we will give them to you. we are moving starting on monday. we go to 11:00 a.m. >> stuart, congratulations on the new show. the new time for "varney & company." it is a success. i am doing the math here. 9:20 a.m.-11:00 a.m. it looks like you are getting more time. you must be doing something right. congratulations.

♪

in the new new york, we don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax fr zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com

stuart: in our 9:00 hour we spoke with one of their techniques about a steve jobs time capsule buried in 1983. we ask what you would put in your own time capsule. we had a few responses. from maureen, all the 8 mm film my father took of our family and the movie projector of course and photos of the family as far back as i could go. i would do the same. jimmy says my michael jackson jacket, first cd, pontiac 400 engine, my 250, 3 wheeler and beer, lots of beer. what would you put in your time capsule? liz: my blackberry and my moody blues album. anything to play -- i might put a credit card in because these will be obsolete later run. i carry this thing.

stuart: you used to have those things. >> it is going to be embedded in my finger eventually. stuart: dagen mcdowell, it is yours. dagen: president obama heads to the summit amid rising controversy over his minimum-wage plan. is it a job killer? former budget director david sttckman is here. deadly protest in the ukraine. 2 dozen people killed, hundreds injured in claaheses with police. atop road for truckers, winter weather and rising fuel prices and facing new fuel economy rules from a white house. the head of the american trucking association ways in. tonight's power ball jackpot the sixth largest in lottery history. americans lining up for the chance to win $400 million. that and more coming up on this hour of markets now. connell: i had forgotten aut