iraq, afghanistan, t.a.r.p., they all had an ig probe, why not the obamacare program too? pete process couple wants to know why don't we have an ig report. he will join us. more proof that bricks and mortar on the run, staples to close 225 stores. online wins again. and now we know why facebook is interested in drones. google gets into high-flying balloons to deliver internet service, and i've got one last one for you. the president's approval rating hits a new low. "varney & company" is about to begin. ♪ ♪ stuart: the latest chapter in the slow retreat of bricks and mortar, lower profits from staples is closing up to 225 stores in north america by next year. look at that stock, that is a new low. looks to me like online selling

is winning again. charles, you know, look, online winning again. online has one here. that is my opinion. charles: you just cannot dispute that. i think if i had to buy office supplies, you know. a stapler is a stapler. they're trying to modify the business model. at least the transition would be the inevitability of what is happening right now. stuart: please, take a look at google. they are launching a fleet of high altitude unmanned balloons. they're calling it the project

loom. this explains why facebook is looking into buying tie in aerospace. they can stay there for years and deliver wi-fi. drones are a big part of the future. it seems incredible to me, charles. charles: they call it will because of loom / moon. a lot of these things crash. i feel like you would have have more control with the drone / airplane. stuart: they built these balloons. they will launch these things and iron out the bugs. charles: they may be able to. it is a lot cheaper for them to use any of that stuff then go around africa and big stuff up.

stuart: why don't you take your victory lap. you came to us a drone maker stopped earlier. it went straight up. charles: 21%. stuart: they build drones. charles: they build drones. stuart: that is another winner. charles: you are just chomping at the bit. [laughter] stuart: the geewhiz technology we are getting into. injuring a bill today to create an inspector general. they will monitor obamacare. obamacare will cost 1.8 trillion over 10 years. right now there is no single authority to track you probe all that spending.

stuart: monica crowley. >> now on the record why. the fact that we have seen so many problems with exchange. when you look at the state run exchanges that cause massive federal grants, for example, oregon. their website is not operational. even to this day. $304 million, our money. you have a bipartisan push. the two democrat senators from oregon.

other exchanges, massachusetts, minnesota, hawaii, similar problems. at the federal level, it is even worse. so much money is being sucked away. stuart: we have a congressman joining us at 12 noon. that is a proposal to get inspector general installed. doesn't have to go through the senate which is controlled by democrats? >> maybe. maybe not. there does seem to be a bipartisan push. the general accounting office is now looking into the state exchanges. stuart: falling to pieces. there is another big story today. stocks. they are up nicely. seventy-five points for the dow

industrials. reuters reports that janet yellen has vowed to do all she can to counter high unemployment. all right, charles, i know that you do not care about this. is this a signal that she will keep on printing? charles: so misreported by so many experts. they do not even know the mortgage back securities. this information blows my mind. it has been designed to scare and deter people. this is not a news headline. we know janet yellen will do what she can. here is my point. i want you to mark this down. if the fed interrupts tapering this year, i say that the market goes down, not up. stuart: i hear you.

she said this right before the big jobs report tomorrow. charles: she said two weeks ago, she said it we weeks ago, she said that a year ago. she has not interrupted tapering yet and i do not think that she will. stuart: to nicole. get me out of this. costco way down. nicole: 15% drop in profit. it is up 3.25%. membership fees brought in some more money. they did face some problems with the bottom line. the frozen non-food merchandise. lower revenue internationally. the analysts love it.

you also had one analysts say look to buy. overall, they are not that worried about the sales that were a little bit weaker. stuart: thank you very much. president obama, his plan to raise the minimum wage, look at this. >> what happens as workers have a little bit more money in their pockets. they spend more money. that means some of these businesses have more customers. that means they make more profits. that means they can hire more workers. that means you get a virtuous cycle. that is what i'm talking about. stuart: all right. his audience liked it. here is sabrina schaeffer. thank you so much for joining us. you say that the push for minimum wage is divisive.

how so? select the president has used class warfare. this is the worst form. stuart: strong statement the economy is on a 0% gain. we want it to grow the pie for everyone. stuart: do you think it can be successful? i think the president is playing class warfare. >> there's so there is so many other things that we can do. stuart: he wants to raise the minimum wage. i say that maybe that is popular. >> it is popular on both sides

of the aisle. >> are there better ways? stuart: in my opinion, yes. how about the gender division? >> this is the president a president that loves to 10 men against women. i have a husband, a father, a brother, a son. what is good for me is good for the men in my life as well. these are things that help all of us. stuart: i am with you all the way. he wanted the women's vote last time around. free birth control for women. >> let's clarify. he won those unmarried women. a lot of weak partisans. they recognize expanding the medical act can create a whole n who have their heads on

straight. stuart: i do understand. if i am not mistaken, in the overall though, the president won the vote. regardless of class. regardless of age. marital status. he won the women's vote. >> you are right. you are absolutely correct. he has a lot of work to do. stuart: sabrina, they give very much for joining us. time is money. i have three headlines for you in 30 seconds. oscar meyer has a wake up and smell the bacon app. an iphone accessory to go with it. when the alarm goes off, you hear the sound of bacon cooking. yes, you do smell the bacon. it is an intriguing smell. the unlimited number of these apps are being released.

you can only get one by winning and on -- promising to encrypt your voice calls and your tax. one of them is now taking him average barbers. we believe that they are not life size goals. lois lerner refuses to talk to congress on the irs scandal. republicans looking to hold her in contempt. >> i have not waived by constitutional rights under the fifth amendment. i will the client to answer any questions on the subject matter. ♪ [ male announcer ] this is jowoods' first day of work.

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stuart: we will call this a rally. moving up almost all morning. stocks up. gold is also up. five dollars higher. today is almost too easy. deciding not to publish. dominique strauss kahn. the most qualified guy to replace. i do not know why the poll was not published. charles, is that the way the french think about this? charles: his poles went up when he got involved with two or three women at the same time. people saw him being more masculine, if you will.

stuart: do you think only in france? >> babysitter in cities. stuart: let's get to lois lerner. she forgot to testify before congress. she says she will not talk until she gets immunity. republicans threatening to hold her in contempt. congressman, how do you get her to tell us what she knows? >> well, she will not get immunity. you sit down with her defense attorney in fact, we will not use it against you. we will not hold it against you. tell us what you know and we will evaluate your information.

you would be stupid to do that. we are not going to. stuart: do you know that such negotiations are about to take place? >> i do not know that for a fact. i want her information. i want the answers that she has. i will not give her immunity to get them. i do not want them that that. stuart: you get a court order. tell us what you know. >> right. that would take two years. she would be held in contempt of congress between now and then. i think a nice middle ground would be come tell us what you know. we will postpone the contempt while we are having this conversation.

if you are not interested in talking to us, you will have to wear that letter around your neck for the rest of your career. stuart: i know that you will give it your best shot. at the end of the day, do you think that we will ever find out exactly what happened? >> i think that we had a really good idea about what happened right now. will we know everything that happened? no. she is a very important witness. indispensable. i have had lots of prosecutions where i could not every witness a question. stuart: what is at stake? if there is such a link, that is definitely the administration and campaign saying get out

there. you are looking for that link. >> that would be a direct link. what we have right now is an indirect link. they are calling out the supreme court to their face. shortly after that, we see these e-mails start. we need a project. we need to make sure that that project is not per se political. those are all things that came from lois lerner. in addition to e-mails where she talked about how dreadful it would be if the republicans took over the senate. the signal came from the president. that is an indirect link. if there is a direct link, we will need to talk to her. are you involved in that side of this investigation? asking the questions?

>> well, i would have been yesterday. i had several questions for ms. lerner. chairman i that is really good. he takes our advice. what i really need to do is ask my questions of her. i prefer to do it where your viewers can see the answer. i have an obligation to ask her these questions. she is a very indispensable witness. stuart: south carolina republican. we thank you very much for joining us. a guy extremely drunk loses half a million at a vegas casino. now he is suing to get the money back. he may get some of it back. all rise. the judge is next. ♪

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you're shooting me stuart: another food stock for you. raising the rating on kfc.

and outperform to neutral. it is like a stock recovering after five quarters of the client. yelp is up 3%. a businessman lost money at a table in las vegas. he is claiming he was so drunk he should not have to pay up. >> it is out of the ordinary for mr. johnson. they should have known over his experience. stuart: all rise, the judge is here. this is not a low-level sort of case. if you are drunk, are you or are you not responsible for what you are doing. >> the reason we have this litigation is because of a statute which shifts the blame from the drinker to the server of the alcohol.

to the conductor of the gambling. it actually says if this person is so drunk that they really are inebriated, you cannot serve them lose. if they are that drunk, you cannot let them wager that much money. you must protect them from them the establishment is liable. stuart: how is that possible. how come we have that statute. you get your money back if you drink too much. >> i do not know the politics behind the statute did that statute is in place where ever there is gambling. charles: a real famous case. he owned the act. he had a trucking company.

he had a lavish lifestyle. five wives. here is the testimony from a cocktail waitress. she said her job was to keep his glass filled. you can see when he would sign for money. his signature got so sloppy. >> here is the difference. i remember it because he owned the philadelphia eagle's. today, there is so much surveillance. they would have a field day watching the surveillance video. it is impossible to gamble in las vegas without being monitored and taped. not by the government, but by the establishment to protect itself. stuart: you do something against the law. you say, i did not know what i was doing, your honor.

that is a defense. believe it or not. it does not always work. sometimes the crime is a crime of specific intent. you could bring in medical experts to argue. his blood level was .32 witches, ghosts. it would be impossible for a human being to have the internet necessary to perpetrate this crime. even though he did the act, he did not know what he was doing. stuart: will the same applied? if not, they will put that statute in there.

sometimes it is a model switch. sometimes an economic switch. stuart: did you enjoy it? >> i did. stuart: you have not done that for at least two weeks. they are ringing a bell in my ear. [laughter] that was pretty good. thank you very much, judge. after the break, london liquidators. look at this. a business guy. he still supports president obama. he hosted president obama in his own home. we will bring him to you after the break. ♪

♪

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stuart: dealing with a deadly swine virus which is -- you know about this trade and commodity. the price i pay for bacon. i do not believe it. will you tell me that this virus means i pay more for bacon. >> you already are. this has been going on for about a year. they are talking piglets. the piglets are affected the worse by this. they have encountered for a lot of consumers. very likely to see those prices go up.

everybody went to other meats. pork demand has been going up. they put it on their burgers. people of english does that do not eat bacon in the summer? [laughter] stuart: it is twofold. first, president obama's approval rating hits a new low. only 38% approved. look at this. only 33% say that the president had mostly succeeded. those numbers do not seem to matter. he still supports president obama. here he is.

lumbar liquidators founder. i can say that with a smile on my face. welcome back. i want you to make the judgment here. the president wants to raise the minimum wage. i want you to tell me how that creates growth in our economy. >> i do not think people should be counting on the government to get a $0.10 raise. they should be working harder. stuart: what about president obama do you support? answer the question. >> i agree with a lot of the things that he has done. stuart: like what? he has gotten the economy going again. stuart: you are in business.

you have run a thriving enterprise. it is subpar over the past generation. that is not getting the economy going. >> it is getting there. stuart: suppose we cut tax rates and that the private enterprise set and really moving. don't you think we would have better growth? >> i am for a flat tax. how does that go over? jerry brown was the first to bring that up on a national level. i do not agree with more taxes.

stuart: do you think that you are beginning to see the light? >> i am more libertarian. i am more in the middle. stuart: this is outrageous. you are more of a libertarian. you are more in the middle. you invited the most left-wing president in history to your home. >> closer to the middle than most democrats. stuart: i am astonished to hear this. charles: maybe the human compassion part of you feels that the rhetoric comes from the right thing. how do you weigh them? >> i think people in general cannot count on the government.

charles: this message is counter to that. everyone can do that. able-bodied people are bankrupting the disability fund. are you kidding me? be honest about it. forget about what the president says. let's forget what is happening under his rule. under his administration. they have retreated the workforce. >> i call it a welfare bill. they're getting all these kinds of subsidies. the republicans push that. these farmers get this money left and right. that is wrong. it should be a free market. stuart: i think i know why you appear on this market. we give lumbar liquidators.

i have always liked politics. stuart: anytime you want to come on the program, love to have you. you are a successful guy. we appreciate that. tech is king. netflix. new high. here we go. 458. 453. a little bit lower now. we did hit 458. google launches a fleet of internet broadcasting balloons. they are doing it. 1223 on google. super bowl champion, nfl star, knows firsthand how dangerous football can be. he knows how to hold onto his money. he is next on this program. ♪

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 free 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: if you have been holding out on buying a new iphone5 s, now may be the time to get one. walmart announcing the best deal yet. just $119.

$80 cheaper than what you get at the apple store. another brick-and-mortar retailer in trouble. staples announcing it will close up to 225 stores across the country by next year. the stock is taking it badly. what are you laughing at, charles? stuart: chinese web service company getting an upgrade. they say they benefit from the expanding chinese advertising market. it is up $10. joe theismann interviewed by me next. ♪

♪ stuart: we showed you just moments ago. we got an immediate rating spike. he is joe theismann. super bowl champion. joe, welcome to the program. >> think you, stuart. i appreciate that. before we go on, i know you are listening. we can see it in the monitor. what is your response. >> i think that jobs are so important to many americans. the government continuing to hand out as many subsidies a eyo. work.

we have more and more people coming into the workforce. i think you have to encourage businesses or give them an opportunity to hire people without penalizing them. just the health care bill alone makes us look at how many people we can employ them how much will cost. there are a lot of factors besides just putting someone to work or going to find a job. everybody wants to go out and work hard. when you have on the other hand hand .opportunity of i will get a check for not, i think that makes it a very difficult decision for people to look for jobs. stuart: how about spreading wealth in the nfl. you have players. they were really crushed out there on the field. a very short career lifespan. do you think that where money should flow down to the players

on the field? >> there is a large percentage of the money that does slow down to players on the field. everyone out there is pulling at you. whether it is business deals, relatives, whatever it may be. once you come into a chunk of money, it is not just nfl players, everybody wants a piece of it. as a player, you have to understand one thing. as a matter of fact, stuart, 70% of the men that lead the game of football are bankrupt. that is a staggering statistic. it is a scary one. it is your money. stuart: don't they have these guys around? >> sure you do. a lot of guys get that pressure to help a family out. help a family member. a good business deal. you grew up with a guy.

he has another great deal for you. before you know it, it is gone. sometimes the numbers are misleading. we see eight-10 quarterback signed a $1 million contracts. that is not the norm. there are a lot of guys out there making a lot less money. a shorter period of time. if you come out early, make sure you get an education. you have a chance to do something when you are done. while you are playing, take a chance with the notoriety that you have. when you leave the game, you have a place to go. stuart: a guy gets showered with a great deal of money. very quickly. no idea on how to handle it. i understand the temptation. you did not. i do not believe that you chucked it around. how did you do that? >> first of all, i finally came to the conclusion that it was my

money and i had to be in charge of it. you cannot just turn it over to somebody and say do what you need to grow. i have a confidant that is tremendous. does a tremendous job for me as a consultant. my wife, robin has been consistent. let's sit down and figure out where we are in our lives. i think the important thing for going out there managing money, what do you want to do with it? do you want it around when you are done. i wanted everything paid off when i was finished playing ball. i wanted a roof over my head and a place to get somewhere. if there's something left over and do want to take a little bit of a chance with that, just make it a little percentage. don't make it the money that you need to live on going forward. stuart: you really do know what you are talking about. i bet you have never been interviewed by a guy with a

british accent before. >> this is fun. i like listening to you. i love the interview part of it. stuart: will you come back? stuart: thank you. after the break, john stossel exposes president obama's budget. the dow is up nearly 80. >> it started low. less than 5% of the economy. here is world war i. world war ii. it used to go down after wars. now, it only goes up. ♪

stuart: president obama released his budget tuesday and john stossel has the numbers behind it and some investigation going on. where do you want to start with the budget? john: what galls me is inflation

this year was 1.6%. this budget increase was 6.8%. should it be 7%? 6%? why does it always have to increase more than the rate of inflation? stuart: it is called buying votes. you splash some money out there, it goes to your favorite constituents and they vote for you. not your money, it is the taxpayers' money. john: when i interview people on the streets what should make it? they can't come up with anything. yet the politicians say every year we have to beat inflation? we could grow our way out of this horrible debt crisis we are about to be in when our generation retires if they just slow the growth of government to inflation plus population. stuart: they are not going to do it. john: won't get close. stuart: not just the democrats. i don't think there is real spine in the republican party for the reform of entitlement programs. john: republicans backed off

from flood insurance reform they proposed earlier. part of the obama budget that calls me most is universal pre k. his own education department studied head start which we all love, it sounds good, $200 billion later it doesn't make any difference by third grade. stuart: to the academic performance of the children who go forward. john: or the life performance after a couple years that affect 8. when they find it what did they do? let's do more and spend more on the same thing for hasn't worked. stuart: do you think you're point of view will ever have real impact and really affect the way we arrange our nation's finances? you are a libertarian. you guys have been saying this for a long time. john: i hope so. or i wouldn't do it. thomas jefferson said the natural progress is for government to grow and that is what we are fighting. stuart: your show is on later on at 9:00 on the fox business

network called stossel. john: correct. stuart: more "varney and company" in one minute. looking . for some, every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. ♪ see what's new at projectluna.com sometimes they just drop in. always obvious.

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stuart: we have a line up for you. here come the star-studded second hour. pete ross wants of full-scale investigation of the obamacare disaster. senator vedder on the pipeline. with all the pressure to build the issue will be the president will say yes, or will he? michio kaku build an atom smasher in his garage when he was 11. he said that hovered board cannot be built but you can reprogram let human brain. nascar's tony stewart joins us. i will ask him. what is the attraction of all those cars making a left turn for four hours straight? she is on disability, she can barely leave the house but she dances for hours on 6 inch shields at a wedding.

we have the investigator who reveals it all. ♪ stuart: let's get right at it. congressman pete ruskam calling for investigation, inspector general for the entire obamacare project. i use the word investigation carefully. that implies a program. you are looking for something. you will dig right in. is that what you want? >> it is time to have an overall view of this and we need a special inspector general to oversee the affordable care act. we call it sigma. here is the thinking. we have one of the special inspector general's on iraq which has been wildly successful, had it on afghanistan, t.a.r.p.. if you take all those programs together cumulatively we have gotten billions of dollars in savings out of that.

there is nobody in the federal government today that has overseen all of obamacare. is very fragmented. we are not getting the information we need to do the proper oversight and the american public doesn't know what is going on with obamacare. stuart: when you have a bill to be presented in house today that demands an inspector general for obamacare. i presume it will pass in the house but what happens when it gets to the senate dominated by democrats? is not going to win their? >> if you are a senate democrat running for reelection this cycle and you are in a seat that was won by mitt romney and have the albatross of obamacare weighing down your campaign don't you think is an attractive thing to co-sponsor something that was good enough for t.a.r.p. and afghanistan and iraq and to go back to your constituents and make a whole hearted argument that you were in favor of a full and complete oversight of obamacare? i think it is a compelling argument. whether harry reid finds that to be true is a different question

but i think this is an idea that is going to continue to get traction particularly in light of the political decisions being made by this administration to delay certain elements of obamacare that fit into their political agenda. stuart: you are offering a way out for those democrats in the senate who are very worried about their prospects in the next election this year. you are offering them a way out because they could say we want that bill, we want investigation, we are standing up for the little guy. you are offering a way out. >> you could look at it for a strictly political lens like that and some people will. on the merits is the right thing to do and as it relates to the littoral saving of hundreds of millions of dollars, obamacare's $1.8 trillion, as you and i are talking today there is not a sing has the capacity to oversee it also is limited and fragmented and the administration has been anything but forthcoming about this administration -- the

details. let's get some subpoena authority behind this and make sure when people don't disclose information that is requested by the special inspector general that that nondisclosure is published too. let's get to the bottom of it. stuart: the vote takes place today. >> is being introduced today. trying to gather support around bill so there's not a full schedule yet but that is stuart: if it passes in the house i presume it will there is no guarantee senator reid will bring it to a vote in the senate. it is at his discretion i think. >> that is right. like any other piece of legislation it is a calculus we have to deal with. stuart: thank you for joining us. very important story. tha you very mu. me, u know him, start disappingutlook, staps closing 225 stores. that is a new low for that stock down 14%. deep discounting cutting into costco's bottom line. that stock is down.

what is going on? charles: costco pride themselves on overpaying their employees. they miss the streak 3 quarters in a row and have to figure out of shareholders' come first or third or fourth. stuart: is the costco got a big supporter of the president? stuart: at the convention. 113 this morning down 2%. big winner j.c. penney, that is the charles pick up another 3% today. 860. no comment required. addition disney making more move stottinnenew high at 83. what are they doing together? nicole: dish network, disney and directv, two separate deals have gone on this week. directv in talks with walt disney. this will be a revenue generator. disney broadcasts on the cable channel as part of an internet based product. is all about combining disney and the internet. that is direct tv, that is a little newer and earlier this week we also talked about a

recent agreement between dish and disney where they are putting flexibility on the web to offer these products, smart phones, tablets, computers, outside prescription tvs, disney, a dish and directv, hitting new highs on a record day on wall street. stuart: the eleventh new high this calendar year. tell me about chipotle. that is up again despite the problem with avocados. nicole: fruits and vegetables, this is a story they filed in the financial report, one concern of warming in california and how that could affect the costs of avocados. in the meantime they are responding saying don't read too much into it, the sky is not falling, we just had to disclosure, had to do that.

the process 97,000 tons of avocados every day, 35 million pounds a year. stuart: i will introduce you fast because i'm looking at the dow ended is beginning to gain more ground and now we are up 85 points and we have another record high for the s&p 500. do not call it a janet yellen rally. charles will break into the broadcast and mess it all up. but silence please, we are up 85. today you looking at a stock called modine manufacturing. our viewers ask you to look at this, they went to this. stuart: got flooded today but i picked this one because it was started in 1969. un of these american success stories. arthur modine invented the pharma radiative for trucks. here is the problem. the guys in germany and europe helped the mouth, they have been slow to expand and the rest of the world and don't pay dividends. others said guidance for this

year -- this is going to be a sideways stock. someone wants to hold longer-term fine but asia is going to be great and south america will be great but they just ramping up. stuart: this is not one of your money making stocks. this is a request from a viewer to cover it and say what you think and you said it. you have a stock to make money with. stuart: it is a semiconductor play but if they make these connected is is all about the internet becoming faster and more stuff traveling on it. they are in all the sweet spot, cloud, web centers, high-performance computing, right now 2.0 satellites travel on the internet. next year it will be 8. you know what that is? one is that a bite, think of one fall by 210s, that is how much more data, tablets, smart phones, video, all of this has to be facilitated, we wanted to be fast. i think this will be a gigantic winner.

it has been extraordinarily volatile in the past. they're very smart, it has a pretty big risk reward -- stuart: they have written them down over the years. thank you very much. how big the problem is disability fraud. the social security administration inspectors general estimates $340 million in fraud cases in the last fiscal year alone. how do you expose these cases? our next guest is a private investigator here with tales from her undercover work. welcome to you. barry crawl. >> bari. stuart: we promoed you saying you had gone to a wedding and you found a young lady who was supposed to be unable to leave the house because she is on disability. what was she doing at the wedding? >> dancing. that is basically it. didn't have an issue at all and that is what we usually find to

be the case. stuart: why did you investigate this particular woman. it is a fair amount of fraud there. what brought this person to your attention? you are in private enterprise, you are not working for the government. >> i don't work for the government. i am private. sometimes as simple as a test from a neighbor who knows you are collecting disability or have seen you be active and mr. joe schmo next door gets up early for work, and anchors and sometimes. stuart: did you make money. they are probably taking disability. >> there several of those.

one of the most memorable is the situation where a woman said she had severe depression, social problems, post-traumatic stress disorder. how do you prove something like that? when you make specific claims about your injuries you can leave the house allow or like to socialize, go undercover and follow to a club every single weekend with various different, not one but many different girlfriends and adam: friends and hanging out, going to a halloween -- helene parade dressed up, dancing and stage, no in efficiency whatsoever. stuart: are they usually women? the people you are investigating? >> i don't have any statistics on that but it is a good question and is equal amounts. stuart: do you do the investigating? do you watch them trick or treating? >> i go undercover. stuart: congratulations. there is an investigative organization, huge. >> i know you are going with

this. stuart: i thought you might be a billionaire child of the big picture. this is your own company. this is what you do. you out people on disability. >> if they are out to be out and i will capture them. stuart: make a lot of money? >> yes. stuart: do you get a piece of the money that was not going to be paid because you out of the disability fraud? >> i definitely don't. i get paid regardless. is an hourly rate. stuart: may i ask how much per hour? >> it varies. every single investigation is different. typical range for private investigator in this industry anywhere from $3,000 to $5,000. stuart: and our? a case? >> arranged. stuart: thank you very much

indeed. come again. we now know the truth, that upper board video is fake. michio kaku, world renowned physicist on that and his new book after the break. [ male announcer ] this is jowoods' first day of work. and his new boss told him two ings -- cook what you love, and save your money.

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stuart: t mobile trading programs specifically to get a grade to blackberries, backfiring. 90% of people who traded in their blackberries, and they got more money, and word about

blackberries and we have been talking about the come back. and we should talk about the business come back and arrangements, stuart: wells said. that was brilliant because that was 45 seconds. thank you. you also made me wait in my high heels. stuart: when you went down for your wedding in your high heels. the amazing video of the back to the future overboard is a hoax. perpetrated by the comedy website funny or guy. you will not be writing a hover board anytime soon. world-renowned physicist michio kaku is with us, author of the new book the future of the mind. let's deal with the hover board, you can't do it. >> let's say the f word, fake.

they have violated the laws of physics. super magnets exist but they have to be cooled to near absolute zero. they work over short distances. unit owner did -- you will not fly off like michael j. fox. stuart: when you disappointed so many people on this program. we were hoping to cover all over manhattan. >> me too but not to be. stuart: the future of the mind. we saw you on don imus on the fox business network. was fascinating. you were talking about reprogramming the brain. can you tell us in simple terms what you were talking about? >> we all know about telepathy, reading mines, telekinesis, moving object with the mind, uploading memories, we see them in the movies like the matrix but now we can do it in the laboratory. this is a game changing. imagine recording a memory, unloading it. that could be a boom for alzheimer's patients and one day perhaps you will rethink all the

courses you flunked in college and learned that material. stuart: we record somebody else's memory. you are saying it is now feasible or very soon feasible to upload that entire memory into my memory so that i know everything the other person do? >> last year for the first time in animal studies, to record a memory and insert the memory and the mouth remembers it. next primates, very soon we will experiment on primates like chimpanzees perhaps and create a brain pacemaker for alzheimer's patients. so we can pablo memories of who they are, and beyond that, uploading a memorial of vacation you never had. stuart: that is incredible. how far away? the idea of the pacemaker for the brain for alzheimer's patients, are we talking five

years? >> 10 to 15 years. we have to make sure it is safe, understand the kinds of memories we can pablo. then we have to see we can pablo these memories into alzheimer's patients. people who need these memories. and perhaps beyond that. if worker gets laid off because technology moves on a head without him you can upload new skills. this could affect the economy because people who flunk courses in college to have to learn new skills could do that by unloading these memories. this is right out of the movie the matrix. stuart: there's a downside to this, isn't there? who knows what you could uploading to somebody's brain? all kinds of stuff. >> if criminals get away from with this ticket and plan memories of things that never happened, crimes that never happened. this has to be regulated tightly. we are not there yet but once it gets out there false memories could be uploaded. in the movie total recall arnold schwarzenegger's marriage to sharon stone was uploaded, an

incorrect memory, his whole being, his identity was forged by criminals. stuart: a way to follow this through. if it is 15, 20 years away, tell me something, in the book the future of the mind tell me something which is two or three years away? >> we can already hooked a mind to a mechanical arm to create an exoskeleton right out of iron man comics. think of thousands of veterans from iraq and afghanistan who lost an arm or a leg. the pentagon is something millions of dollars to create artificial iron arms and legs for these individuals. at johns hopkins university, duke univ. they are creating prototypes of exoskeletons. at the next soccer games the person who's starts the soccer games in brazil may be totally paralyzed with an exoskeleton made from science driven by the mind. stuart: when you wrote the book the future of the mind.

t is top of the chart. bestseller but the lot of people want to know about this technology. stuart: when you write in a way that makes everybody understand. that is the point. michio kaku, thanks for joining us. good luck. the president's campaign to retake the house is in full swing and the kind of america we live in is at stake. my take on that is next with the dow up 85. >> more money in their pocket. they spend a little more money. which means businesses have more customers which means they make more profits which means they can hire more workers which means you get a virtuous cycle. that is common sense. ♪

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stuart: a name you know, tony stewart, nascar champion making money with the new online petty of smokey and the bandit, creating a buzz with it. turn me on to nascar. can you do that?

is the keystone pipeline, that may be neutralized by vladimir putin. what will it take to get the job done? senator david vitter joins us on that. president's campaign to regain control of the house this year is in full swing. this is important. your money is at stake and so is the kind of america that we live in. here is my take. wednesday president obama appeared before a very friendly audience pushing his plan to raise the minimum wage. he said the economic summit were simple. pay people more, they spend more, the economy improved. someone in the crowd shouted out it is common sense. right, said the president, it is common sense. paid more and you get a virtuous cycle in the economy. he said this as russia was solidifying its grip in crimea. tuesday as the crisis in ukraine was unfolding the president made a pitch for a massive increase in government spending. same logic, spend more, dues the

economy and get into that exclusive virtuous cycle. i think president obama is desperately trying to change the subject. you wants to shift attention from his foreign policy problems and shift attention away from the chaos of obamacare and when we get poor job numbers tomorrow he will shift attention by using the weather as an excuse. but it is not working. his overall approval rating has dropped to a low of 38%. on health care 36%. on jobs 33%. yesterday seven democrats in the senate voted against the president's nominee to head a big division of the justice department. the president is in deep political trouble digesting stand now he has very little chance of returning the democrats to power in the house. team a lose the senate. this is important because president obama's attempt to refashion america in europe's image has probably run its course.

one the fed are putting pressure on gm will want to know why the automaker delayed the recall of 1.4 million vehicles with faulty ignition switches lauren simonetti has details. >> they want to know what gm executives knew and when they knew it, they want names and

numbers and details, 27 pages of questions, 107 questions that gm needs to answer under oath by april 3rd. that is a mighty task. gm is cooperating in doing an internal investigation, legal experts, help their employees and to these questions, when we're talking million cars recalled, 13 fatalities linked to every college is a big deal. the main deck of this is they want to know when, it could have been back in 2004. a decade. stuart: it is bad pr which hasn't heard the stock that much. >> we can show you a month chart of the stock because on february 13th that is when we started talking, stock is up in that time. go figure. liz: the gmc 0 oversaw product development. >> the idea has changed and a

lot of people are citing the fact there was a pre bankruptcy jan and coast tanker sea jam and the post bank of the jam has their finger on the pulse. stuart: so do you. good stuff. the democrats senatorial campaign committee has its sights set on exposing the koch brothers, they started a digital campaign in hopes of time republican senate candidates to the policies of the koch brothers. the gop is addictive to koch. obviously that is an attempt in my opinion to tie it into a cocaine. liz: it is willy-nilly but this is scapegoating, basically saying these villainous rich people the koch brothers other reason you don't have a job, your wages are flat, harry reid is saying they are, quote, bank america but this is a distraction. basically they have been funding

commercials, obamacare is a serious problem, democrats don't like that. in other words real people are hurt by obamacare, 13%, that is the approval rating. stuart: harry reid stood on the floor of the senate, people claim to be victims of obamacare are liars and went on to say it is fun to -- funded by the koch brothers. liz: they wrote an editorial and this is what they said is wrong with america, crony capitalism. they said an editorial for the wall street journal that government is making businesses look more like government. the koch brothers in the cross hairs, the democrats' push to win big in the midterm elections. stuart: they will be all year. senator david vitter, republican from louisiana joins us from capitol hill. welcome to aca -- welcome to "varney and company". i am looking at the building of

the keystone pipeline. if we build it we would have more leverage with vladimir putin, patrick more, co-founder of greenepiece as bill that thing. the state department says there's no environmental problem with building that thing. the unions wanted built so here's the question, senator. do you think the president will actually say build it? >> i am hopeful he will get to that obvious yes. shouting out its common sense. if there is any common sense economic development project in sight it is this pipeline. we need to move on with it. five positive environmental impact statements, we should be building and now. it has taken too long but i am hopeful people finally get to it in the summer. stuart: i just don't see what is the argument for not building it. the president could come up with. the environmental problem has

been neutralized according to the state department and various studies come a long list here. what is the key argument the president will rely on? >> i don't think there is any rational argument. he is trying to get something to his far left environmental base by dragging his feet but he can't articulate a rational argument to ultimately not do it. stuart: there is a financial angle on this and i am sure you are aware of it. tom staye r is anti pipeline. he says he will spend one hundred million dollars opposing candidates in the forthcoming election who want to build a pipeline. that is a lot of money. $100 million would there is a reason not to build it. >> he is pushing against a lot of common sense of the american people because this is widely supported as you know. broad bipartisan consensus in the u.s. senate, a lot of democratic support, a lot of

union support, pushing up hill whether he spends $100 million or not. stuart: when your judgment, at the end of the day two months from now when the president is supposed to make a decision will you tell us what you think that decision is? not what it should be but why it is going to be. >> he eventually gets to a yes, maybe not in 60 days. he might drag his feet along urban hopefully at least in the summer. it is way over do. there's no rational argument the other direction so i will say he will finally get to that yes. stuart: when can i add my $0.02? i think he will say yes but with all kinds of conditions. for example you can bring the oil down but you can't export it, something like that. >> that could be. that is a lot of demagoguery and particularly as we are watching vladimir putin hold enormous sway over europe because of his natural gas we should want to produce and if appropriate export as much energy as we can.

stuart: senator david vitter, republican louisiana. 02 see you again soon. market watcher harry dent is next. or real halftime report coming up after the break. does harry dent still stand behind this call? >> bubble after bubble for the last two decades and keep having bigger bubbles and bigger breasts. this is a clear pattern. there's this kid.

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stuart: the justice department confirms their looking into the time had -- comcast time-warner cable merger detail in the largest cable provider. both stocks up. one new iphone 5s, time to get one, walmart offering the best price of apple's flag ship phone $119, $80 cheaper than you pay in apple's tours. the share price of apple is down little. walmart up a little. google launching internet broadcasting balloons this week. the balloons will bring internet service 100 civilians who don't have access to the web. chinese web service company getting an upgrade. they say they stand to benefit from the expanding chinese advertising market. stock is up 5%. that is the big gain.

184, the real halftime report is next.

stuart: you have been waiting for this, the real halftime report. here it is. scott kennedy from the new york exchange, we have nicole petallides, liz right here and harry dent. we start with you. you warned of a big crash coming and said the market would go up

earlier this year and crash all the way down. you are standing by that call. >> yes i am. bubbles are bubbles. everyone is in denial. the real estate bubble, a clear bubble, this bubble now five years old ,'s as long as they last winds up perfectly with a bubble which is a clear bubble in retrospect from 95 to early 2000. and other analysis, theoretical bubble chart over the s&p 500 last several years and it winds up perfectly. both of these analyses a we are a month or two away from 1950 on the s&p, and 17,000 on the dow so we will see a big burst. the top will happen in a month or two at most by early to mid may and mid april, and we will see a crash larger than the last one. this bubbled taken us to new highs and each crash has taken us to new lows.

i'm looking at 17,000 two three years from now. that is not something you want to sit through in your portfolio. stuart: your reaction, you heard what harry said, your reaction? >> we overs of inflated asset prices, the rate of the economic gains. i do thing this. as long as we have global central banks with their loose monetary policy it will be more difficult to have those, quote, crashes. and it is lower and lower every year. that is in a deflationary environment. i don't think with what the global sentiments are doing out there you will see something dramatic. we have to take a long period of time. stuart: moving on, reuters reports janet yellen vowed to the walls can, what are you going to say? she keeps printing. >> how about this?

one step further. they will print logger than you and i could ever imagine. this is a new paradigm we are in and they will print well past the two or three years, q e is here to stay for a long time. stuart: thank you. what do you say? liz: why the u.s. things we rely on the federal reserve to grow bring growth to the economy. she will delay the taper and interest rate hikes won't happen in 2015. capt. next year. the irony here we talk about minimum-wage when we devalue the dollar. that is the irony. stuart: your thoughts on money printing from janet yellen. >> this is the reason we have this bubble. doesn't matter what creates a abubble they go to an extreme and bubbles don't correct and look at history, they always burst. the fed has created this bubble. the last bubbles were created by technology advances, baby booming, strange spending, total fat bubble.

we are not getting inflation, we're getting a financial asset bubble that will burst. i will stand by this. it will burst this year and will burst big. they are creating it and forcing this to happen. stuart: we do hear you. on to some hot stocks will watching today. nicole petallides, staples lower, why? >> we see the s and p at records, staples that a new blow down 15% because fourth quarter missed the outlook, they're talking about increased competition, retailers find a market share, try to cut costs and offer more on the internet as well. they also are cutting stores up 225 stores, it is a tough business, retail. stuart: next case, netflix hitting a new high. what do you have on netflix? liz: netflix original new cd's, viewers overseas based on knock george clooney vampire movie from dusk till dawn that without

a 90s, that could be why the stock is popping. netflix continues to say it will basically add more viewers, outstripping showtime, outstripping hbo, combined in some areas which they think will happen. netflix could be popping off of this. stuart: harry dent, we want to ask a bare light you about three momentum stocks. start with netflix stocks. >> i am not a stock picker but i do not like momentum stocks. i saw facebook chart the other day that looks like it is one more correction and one more run up. these are the stocks that do the best in a bubble like this but also get that hit the hardest when they go down. if you are going to be in stocks, i say be in high dividend more stable load data stocks. stuart: i'm running out of time but the february jobs report is tomorrow. i want everyone's prediction and i will ask for the and/over.

job creation. do you think it will be more than 100,000 or less? >> more. stuart: above 100,000 or below? >> above 100,000. a little below expectations but i don't think it will be a giant disappointment. stuart: scott? >> 125 based on the fact the we revise the atp number down 85 months in a row. stuart: thank you very much. a great real halftime report. see you again soon. tony stewart, one of the most recognizable faces in nascar joins us next. >> you see this gentleman? 20s? what you land around here? didn't you read the sign? >> anthony wiener, you better be glad my daddy -- you calm down. (announcer) scottrade knows our clients trade

and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time 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 investor satisfaction with self-directed services by j.d. power and associates. iwe 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 free 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.

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you can have one. a 3d printing firm, opened a mall in china, have yourself scan, a life-size model of you, lauren simonetti is here. for example how much would a life-size stuart varney replica cost? >> $28,550. we are working on making one. we really are. stuart: is it like a balloon or plaster of paris? >> it is the 3d print made, polymer material that looks and feels like ceramic. if you get a small version of stuart varney with the $160 the the full lifesize thing with your paper and everything else, 28 k. i would love to say this is just a fad that this company has 11 stores in china. stuart: we are looking at a 3d replicas that were printed out? i think that is what we're looking at. it does look pretty good i got to say.

>> i would like a small version of you. stuart: what do you use them for? >> the vertically challenged people would get a discount. right? stuart: put you on the balcony. save lives with body parts and things like that. stuart: totally out of time. and name and a face you know, nascar champion tony stewart. as you with us? i believe he is with us. i know you. you don't know me. i do know you. welcome. tony stewart, great to have you with us. i wonder if you can sell me on the idea of watching nascar on television because to me it looks like a whole bunch of guys going at 200 miles an hour making constant left turns for four hours straight. can you sell me on nascar? >> you are right. exactly right. they are 500 miles long.

the hard part is the strategy, the set ups of the cause, the skill of the drivers to figure out all day long how to get in position to be there for the last run of the day to make a push for the win. 44 drivers and teams and fractions of a second vote on and off the track, could mean the difference between winning the race -- stuart: when you got me. i will add to your fantastic ratings. we are running a clip from your new video series, smoke is the bandage with a the mobile bond. this is a new form of advertising because you are putting out a video cds which is going on line. it is a new way to advertise. i think you are onto something. >> our great partners that mobil are the ones that are on to it for sure. they are great partners.

they are like friends. in casual conversation my favorite movie, we told them smokey and the bandit and next thing we knew they came up with an idea for a whole series of videos to go along with that. the first one came out yesterday which was the teaser video and a new one is coming out today so on youtube and facebook, it will be exciting. past champions and passed people from our series involved in the video. stuart: a good way of creating a new ad with a lot of buzz behind it. sorry we are out of time but i will be a viewer of nascar in the future and that is a promise. of you will see us again soon. tony stewart, good stuff. more varney coming up next.

stuart: our time is up. there is a lot of time for adam

and cheryl. cheryl: we will hear from president obama at any moment now. the topic will be ukraine. adam: we will bring that to you as soon as it starts. cheryl: hi, everyone. i am cheryl casone. adam: and i am adam shapiro. cheryl: the white house is reaching for the whiteout. major revisions and delays to the president signature healthcare law. weight -- weight wayne rogers on the expansion. adam: demanding answers about a dangerous admission problem. cheryl: finding the man behind the virtual currency.