shutdown. we will see you tomorrow at the same time. same place. over to "varney & company" with stuart. cheap gas is like crack cocaine. good morning, everyone. the greens do not like us using fossil fuel so they do not like lower gas prices. the rest of us love it. cheap oil, cheap gas. "varney & company" is about to begin. ♪

stuart: look at this. oil tumbling again. you are looking at another five year low. the dow $50 a barrel since june. two cents a gallon a day. the cheapest in the country is at right where you are looking at it now. come on in. you think we will get to $2.50 by christmas? >> i would say so. i was thinking about putting it to 40. at first i hear programs. to four days before christmas.

we have seen an extraordinary the client. gas prices saw their biggest three-day drop in over two years. six and a half cents a gallon. i do not think it is much of a grasp to speed and to the 240s by christmas. stuart: why those two states. very close to the west texas intermediate group. low gas taxes. that is really it.

the other states expecting to see $2 prices within the next week or two. mississippi. all of those states. much of the south seas gasoline among the lowest compared to any other region across the country. >> only two states where the prices above $3 on average. >> connecticut did slip under $3 a gallon within the last hour or so. we have new york, alaska and of course, hawaii. if you are stuck filling up in new york, you will probably see eight to 99 price or less. >> weight to fill up. weight as long as you possibly

can. if you wait a week, you may get lower by $0.10 a gallon. >> absolutely. if you were to wait one week, prices also over $0.15 a gallon just in the last week. that is a pretty big savings. >> okay. we love it. thanks a lot. we will see you again soon. >> we trumpet the virtues of cheap gas. there is no pleasing some people. cheap gas has become like an industrial form of crack. it does not really matter how much damage it causes because we simply do not have the power to walk away. charles payne is here this

monday morning. charles: cheap gas makes you use more of it so you are pumping more carbon into the atmosphere. >> i get all of that. a week ago, they had some groans and cameras in chernobyl. i am not one that buys into all this global warming nonsense. if mankind found a way to pollutes himself-- we would be dead. what does he drive? is he taking a scooter to work? is he riding a bicycle? they are setting up for the gas. stuart: this is a good opportunity to raise gas taxes.

i do not think that the elites really care about ordinary americans. >> they cannot even identify. at this time of year, you know what, you want to talk about a gas tax. >> we are flat. down 10 points. fifty-one and change away from 18,000. we still have that graphic available. three big dow stocks. all of them hitting new highs. disney has reached 94. misa at 264. home depot just cracked $100 per share. new highs.

down 5%. all of them. janus capital. a new highs they are. that was about two months ago. $1.2 billion. there is a stock in that particular fund. now the other side of the coin. it is a dow stock. it is down and that hurts the dow. how much did the u.s. sales fall. >> 4.6%. if so not only in the united states, but also in europe. that was down 2%. they have a dual problem.

make donald is the worst performer compared to chipolte, burger king. the millennial's have changed their eating habits. mcdonald realizes they have a fundamental problem. everybody wants it made to order with fresh ingredients. that may be one of the best reasons for chipolte. >> well said. just give it to me now. stuart: thank you very much. detailing interrogation techniques expected to be

released tomorrow. a report on what they call culture. done in previous years. >> you are absolutely right. the other thing is we never got any real action from it. a lot of people involved said that is where they got their information. let's toss that aside. what is it going to do? it will tell foreign intelligence agencies, it will tell them. do not stick your neck out.

we will come get you 10 years from now. >> why is she doing it? she is not on the wild side. she has been around for a very long time. >> the senate has been kicked out. let's trash the house and break the windows on our way out the door. >> let's screw urge ourselves. stuart: self-flagellation. >> it does no good. even the secretary of state has said we have to increase intelligence and security. we anticipate that there will be some sort of revenge.

stuart: it is called the torture support. are you torturing someone? is that torture? you put them in a closet, for example. is that torture? >> we did it after september 11. let us compare that to what they do today. >> we are doing this. i cannot believe we are doing this. why would any president, why would any president release this to the world just like that? >> the world is a better place if america is not in charge. i was in government.

we did this before in the late 1970s. we investigated the cia. what was the result? the presidential campaign. the cia hunkered down as a result. we did not see coming the torture and murder of an assistant of mine in lebanon. we did not see it coming. stuart: does the president have the power to pick up the phone and say don't release it. >> the president reminded the release of that. secretary of state kerry is coming out and saying we need to ramp up security because we know

this will be a problem. don: thank you very much. judge napolitano weighs in on this whole issue later this hour. a perfect example of why you should listen to charles payne's stock tips. roll the tape. charles: i also like that action on these charts. longer term, i think it has potential. ♪ ♪

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stuart: monday morning. i call it dead flat. where is the price of gold this monday morning? approaching $1200 an ounce. notice hourly pay. more transactions by mobile. china has more than 500 million mark: users. ali baba down today. two items of news from merck. that drove company is buying the antibiotic maker. they are paying $8 billion.

charles recommended this stock weeks ago. charles: thank you very much. i was very confident about this. stuart: a new drug fighting progress. length node cancer. a new drug. be our reporter. what is this new drug and what does it do? >> normally, with cancer, the way it escapes you are system is that it has this shield. the drug actually prevents that shield from going up. the result -- stuart: length node cancer. if you can prevent it, you can prevent the spread of it.

>> it will help you fight it. it has been used for other types of cancer. the fact that it is the lip node cancer they can help with other cancer. >> if i've got it, i got it and i take this drug, i have a shot at fighting this nasty cancer. >> we are looking at a dramatic benefit. it is a huge number. >> exactly. they had complete revision.

one in five beat it. >> yes. we have to pay attention to it. this is relatively new. it is very exciting. stuart: and methods of. >> exactly. if we think about it with cancers in general, it could apply to lung cancer. they can actually speed up some. >> you obviously do not want to go overboard. you are happy about this. >> i am happy about this.

it is a big thing. you have to be able to tolerate it. they have to be able to tolerate the drug. >> just a small study trial. nowhere near fda full approval. >> exactly. it is hard to tell. i think the approval rate, more quickly. if i've got it, i can actually use this now. >> yes. >> i am not waiting. >> you have to talk to your doc there. for the most part, they use patients that are sicker.

this actually, you know, the patient that. recruited for these studies are sicker. >> we like this stuff. we come in here with much lower gas prices over the weekend. now we've got a breakthrough in the treatment of cancer. >> we have to be cautious, but yeah. >> they were looking at it for other things like fighting infection, not necessarily cancer. >> we appreciate the stock to. charles: you have to do them. i will have another one tonight.

stuart: this requires some set up. this, you will not believe. grumpy cat. the internet sensation. guess how much that cat has made. $100 million. can you get your arms around that? i find that incredible. janice dean's forecast is next. ♪

>> well-moments ago the dow turned positive. we've slipped back in the negative. for a moment there, w we were higher. on friday, we brought you the story of a doctor in chicago using 3-d printing to help patients. a lot wanted to see more of this. roll tape. >> the way this self-image made is from a cat scan. it represents the bone tissue that are important. our patients have had catastrophic injuries that's why they need a face transplantation

in the first place. with this model, we'll be able to assess some of the bone issues you can't get from a two-d machine. this is a current model of the face. with the accuracy you mentioned you're able to assess the soft tissues in the patient's face at present from a a more-recent cat scan. this was from an early cat scan from the face transplantation. the real ability to look, touch, and hold this in your hand, we can monitor how our patients are progressing over time. >> we put that on the air because it's a wonderful gee whiz american story. i didn't think it was a financial story. but charles was here and he said it is a financial story. explain? charles: look at the things we've seen this year. rewok. helps people get up and walk again. thithis is alfred mann.

he's done a lot of these things. people who were told they would never see again. now they have sight. these are big moneymakers. billion dollar companies are part of billion dollar companies. >> and you can put your money into it to enhance this brilliant technology which is very american, and which helps people directly. charles: the only thing i wish, and this is a beef i have with usual anuber and things, these s go public long before people have money to put in. jeff bezos put in uber and when they go public, a 60 billion-dollar valuation for me and you. something is unseemly about that. i get it, but i think there's i point somewhere along the line where they can go out earlier, and we would buy those stocks. americans would say, i want to buy a company who helps people have a new face.

>> great point. good stuff. the royal company that would be will and kate they arrived over the weekend. they have a full schedule. they start in new york city. they're planning the national september memorial. they're going to catch a brooklyn nets basketball game. then they go to the white house later today. what are you laughing today? >> why? >> why, the brooklyn nets? >> that is cruel. that is cruel. charles: that is cruel. you want to have a good impression on them, not a bad impression. >> all right. later on they're going on the white house. they'll meet with president obama. talking wildlife conservation. here's the story you've been waiting for. grumpy cat. it's made a fortune for the owner. the cat's name is tartar sauce. i don't know where that comes from. stuff from a feeline

dwarf syndrome. the cat became internet famous started on youtube. led to a movie. cat food sponsorship. you name it, the cat is getting it. all that means -- when you look at that, can you imagine -- come on, charles. look at that. $99.5 million for a cat who has a grumpy expression. that's the power of the internet. >> at least 41 of these youtube stars are making a million dollars a year. puty pie. i think he's from the netherlands. he has a youtube channel. people love him. i don't know what he talks about it. it seemed like nonsense to me. 7 million a year. michelle fhan millions of dollars. youtube is paying them bonuses because these

upstarts want to take them away. >> you put your stuff on u tubes. you can charge advertisers who knows you have a million eye balls. that's revenue to you. >> it's amazing. they are superstars that never had their name uttered on television. they make millions of dollars a year. and in some cases, hundreds of millions of fans. >> hundreds and millions for a cat. nice work if you can get it. torture report expected this week. it will put our troops in even more danger. the judge is next on that. >> first of all, a lot of questions about this report. it wasn't torture. it was determined to be legal at the time. the other thing, we never got any real actionable intelligence from it. a lot of people who took down osama bin laden say that's where they got their information.

stuart: you know, for a moment a brief shining moment, the dow turned positive. now, it's down 20 points. let's see, sagging -- look the athat. ninety-two dollars for mcdonald's. sagging sales. that's why mcdonald's is down. that, of course, is dragging the dow down. in the next hour, we'll ask our rescue guy john

tapa what is going on in mcdonald's. phil will tell us why he likes google. oil hits a new 5-year low. sixty-three dollars a barrel as of right now. that, of course, means lower gas prices. the national average is down to $2 and 66 cents per gallon. we're down 2 cents a gallon a day. and likely to go down, down, down. how about that? the weather, that's going to be a story. here's the story this week. a lot of rain. maybe some snow. janice dean live in the center. how bad will it be? >> if you're traveling tomorrow across the northeast, it won't be fun. let's put it that way. there are your current temperatures. cold enough for maybe some snow in new york. some warm air moving up towards the north from the south. i think it will be too warm for a snow event for the city's east of the i95 corridor.

very weak storm system. combined with our low that will move up, that will give us our energy for our coastal low. two-day 6:00 a.m. people are trying to get into work into boston. we'll see heavy storm accumulation. this is 6:00 p.m. tuesday. the rain moving out of here. but we're still going to see the effects. this is a lingering system. hagged into wednesday, we could see a few snowflakes here in new york city. if you're traveling tomorrow, pay attention to those weather delays. back to you. stuart: okay. mom. pay attention. thank you very much, janice. now to something very, very serious indeed. the senate report on our our -- lots of concern they could lead to more violence against the us and our allies.

judge napolitano is here. judge, welcome to the program. >> thank you, stewart. stuart: first of all, would you define torture for us please. >> well, the statutory definition of torture is the intentional infliction of mental and physical pain in order to obtain an advantage or gratify the torturer. >> if you deprive someone of sleep, that is torture. >> yes. >> if you lock someone in a closet for 12, 15 hours, that's torture? >> i don't know 12 or 15 hours would do it. typically in a coffin, yes. >> the israelis have a special chair which they put suspects in which doesn't allow them to sleep, and they let them sit in that chair -- the supreme court said that's not torture. >> the israeli supreme court and federal statutes are different. under american law,

deprivatization of sleep is a definition of torture. >> here's where we disagree. >> on the definition of torture or whether it should be revealed. >> the definition of torture because i don't think what america is alleged to have done, in my mind, qualifies as torture. >> you know, we don't know what america is alleged to have done until we've seen the report. we don't know what has been redacted from this report. senator feinstein had this report for six months. for six months, she's been negotiating with the cia as to what can be revealed and not. >> i cannot for the life of me understand why we must publicize this now. >> i think the cia agrees with you. my point of view, the public has the right to know -- stuart: look, every government has secrets. especially when you've been -- >> can the movement of troops in wartime be kept secret from a

public? of course, it can. can techniques on the battlefield, where we'll send the missiles next, of course, it can. but when the american government knowingly and intentionally breaks the law and the head of the american government, the president at the time -- >> it was legal at the time. >> profoundly denies it. the american public has the right to know about that. let me tell you why the cia is so upset. not so much some of what they did will be spilled. but who is doing the spilling. because senator feinstein has been their strongest supporter on capitol hill until they lied to her. stuart: i think we disagree entirely because i want to preserve the safety of the united states of america. if that means putting somebody in a chair where they can't sleep, put them in the chair. >> i want to preserve the constitution and the liberty. if that means revealing the lawbreaking, go

ahead. i won't imitate the queen today because his grandson is a couple of blocks from here. stuart: a heated dispute. and come out smiling. father jonathan morris on two topics. hillary clinton says we should empathize with our enemies. is that the christian way. also the commercialization of christmas. consumerism. is it time to get back to the real reason behind the season? ♪

>> no dow 18,000. the dow is down 16 points. last week, the gain was nine points of the dow. 18,000. s&p 500 down too. the nasdaq is up one point at the moment. we are seeing pressure on energy once again as oil hit 5-year lows. sixty-three and change. we have some movers. chevron has been a lagger. and mcdonald's. the weakest we've seen in 15 years. united technology and home depot doing well. record highs for many names on the s&p 500 including starbucks. disney, royal caribbean, and kroger, some of

those got some upgrades. fifty-four stocks hitting highs. goldman sachs positive on the airlines, particularly the original legacies including delta was their topic. united continental. they like southwest as well. more coming up.

stuart: hillary clinton criticized for what she said about our attitude towards america's enemies. roll that tape. >> showing respect, even for one's enemies,

trying to understand and insofar as psychologically possible, empathize with their perspective and point of view. stuart: that to us sounds like a passage from the book of matthew. it reads as follows. but i say unto you, love your enemies. bless them that curse you. do good to them that hate you. let's ask jonathan morris. father, welcome to the program. >> hey, thank you very much. >> hillary clinton says respect your enemies. that's a very christian thing, isn't it? >> it depends on what she means by your enemy. when a country has an enemy, it's a military enemy. how do you respect to a military enemy -- stuart: i'm going to to say she's referring to isis or islamic terrorists. i think that's who she's referring to.

>> the best way to respect them is to tell them that you'll stop them, and if they don't stop, to do whatever you have to do to stop them and protect the innocent. i'm not exactly sure what she meant by empathizing with your enemies. maybe she he's not dialogue. we're not rushing to military action, we're actually dialoguing with people. that's a good thing. stuart: maybe she was taking the part of an antiwar christian and saying that we must look at our enemies and empathize with them. and, frankly, i don't want want to to say this, trying to co-op the christian vote. >> at georgetown university said this there. certainly a religious university. you know, i think it's dangerous when you start quoting the bible. here she did not quote it. it seems she was trying to make reference to it. you have to take it in

its full context. and i think that's why it's dangerous when politicians begin to plot and say i like this. i like that. i don't like this. >> i wouldn't like to see any politician use biblical references. >> i think i would agree, that for the most part, it's dangerous. stuart: we're in disagreement here? >> i don't like to say that, but yes. stuart: we are. one of the themes on the program recently, that we think consumerism, the urge to buy, buy, buy, especially at the holiday time, especially at christmas, where you have this mound of junk sometimes under the tree for the kids. we're saying that maybe we're in retreat from that. maybe america has had enough with this rampant consumerism. we think that's a good trend, if it's accurate. what do you say? >> i think that's a very good thing. i have nothing against gifts. in my family, there are seven people in my family. maybe it was an economic choice rather than a

principled or philosophical one. this is getting out of control. big piles of gift. we're going to give you three gifts. they always said it was them. not santa. probably a scar from my child hood. three gifts for the three kings. the three wise men. even though we don't know if there were three. but three gifts of franken since and myrrh that's why we had three. we weren't expecting five or 20 or more than the neighbors. that's a good idea. >> that's what we've got. ten, five, 15. >> the pressure on the parents to give the biggest and the best, better that night neighbors because the kids will go to school and ask what ugg you got. give experiences. >> travel some where. go to an event with a

child. one-on-one time. >> my greatest memory of christmas is my dad in front of the -- leading the family in prayer before we opened the gifts. it was very short, and he wasn't much of an emotional guy, but 20 seconds on his knees before the correspond ash, i'll never forget it. (?) we are an absolutely total agreement. i think this is absolute first. >> uh-oh. i'm getting nervous. >> you should be. father jonathan, great stuff. thank you very much. >> all right. college football playoffs. they're set. not without some controversy, four teams, one title, and a whole lot of money. you total your brand new car.

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switch to liberty mutual and you can save up to $423. for a free quote today,call liberty mutual insurance at see car insurance in a whole new light. liberty mutual insurance. stuart: for the first time ever, college football will have a playoff. the teams were unveiled yesterday. alabama will play ohio state. florida state plays oregon. both games on new year's day. both games meet a week and a half later for the championship. bruce is here. he's with fox sports one's college football insider. that's who he is. look at him. there he is right now. there is all about money. first time ever. big championship game. it's money. >> oh, it's huge money. big tv dollars. look, they had a ratings

show every tuesday night that did big numbers. they unveiled the rankings is each week. then sunday we get this reveal to see what the final four will look like. and what we learned, the previous show, that didn't matter. none of those things mattered. >> is this the first time? >> we've had championship games in the last more than a decade. we had the bcs which is the bold championship series which was created to get a one versus two. now, they wanted to expand it. here's the risk with having a playoff. because we have playoffs in everything else. it caused a lot of the best regular season in all of sports. all the games matter. a lot of drama on everything. they were afraid to up -- all of a sudden you push it too big, the regular season won't matter as much. they didn't want to water it down. what i think you'll have, people love the idea. a lot of debate for this. four teams.

i think at some point, you'll get eight teams. >> on o new year's day you have these big games. is there any chance of that big game becomes a mini super bowl. >> for a lot of people it will be. what they want to do, we're talking about the college brokers of college sports. it's five power conferences, regionally structured. the acc, the fcc, the big 12 in the middle and the pac 12 on the west coast. what they wanted to do was take back (?) new year's day, december 31st, 4 other major bowls. new year's day, the two big bowls. they wanted to brand up. as the bowls have kind of grown in size, this thing has gotten watered down dramatically. the two big games puts college ball back front rank. >> no doubt. the match they have, a lot of controversy that ohio had the fourth

spot. the matches, ohio is going up against alabama. six national titles between those two coaches. are those probably the two best coaches in college football. the last year's highs men trophy against oregon. he's going to win the heisman this year. >> who will win the championship game. >> florida state preseason. i wouldn't bet against them. stuart: florida state says you. all right. bruce, thank you very much. come again soon. low gas prices are like crack cocaine. that's what the greeners say. can't please everybody. more on that coming up. john taxa, he's talking about mcdonald's and what he, what, they're doing so dreadfully wrong. you've heard of the elf on the shelf, now, meet the jewish version the

mensch on a bench. we have it all

stuart: there comes a time when people show their true colors. the greens, environmentalists, they're showing their true colors right now and they're not the red, white, and blue of america. the greens are on a jihad against cheap gas. they don't want us to use any fossil fuel. they think it destroys the planet. an article in the new yorker says cheap gas is like crack. very dangling. damaging. they say it's a drug, and it's bad. the greens have taken a position that runs directly against america's interests. they don't want you have to more money in your pocket. oh, no. they don't want america to become energy independent. they don't mind buying oil from people who hate us and try to kill us. it's another example of

the elites betraying us. we don't like the jonathan grubers looked down on us. we don't like the president giving china free rein to pollute. get out and drive. enjoy it. cheap gas is good for america. all right. we will have more on the greeners calling cheap gas crack cocaine in a moment. first, we'll dwell on the middle class squeeze, main street not feeling the so-called recovery. and we've got an example for you today coming from the housing sector. 40 million americans now spend more than 30 percent of their income on housing payments, property taxes, and other home expenses. heritage foundation steve moore is here. this is the middle class squeeze. >> correct. stuart: it's not going away, no

matter what happens with cheap gas and oil. the middle class in america is squeezed. that's a classic example, steve. >> it sure is. the lower gas prices help a lot. if you look at the statistics the last four or five years on the necessities of life for the middle class, things like health care, things like tuition for school and college, utility bills, things like that, those have been going up at about double to triple the rate of inflation. that's the reason in my opinion when they hear 2 percent inflation, they say wait a minute. when i have to pay my medical bills i'm paying 5 percent more. that has put an incredible pirchl o pinch on the pocketbooks of americans. and it's the reason we feel things aren't getting better. >> we have a stratified society. the top have done well from the stock market rally because of the

printing of all the money. the bottom 20 percent, they've been helped by government transfer of payments and everybody in the middle has been squeezed. now, do you see any way out of this? is there any way around it? is it likely to change any time soon? >> well, a couple things. first of all, americans need a pay raise. right? i'm not talking about raising the minimum wage. more favorable business conditions. it would help if washington actually liked businesses. businesses are the ones who create the jobs and pay the wages and salaries. look, if you have more investment by businesses, the one thing we're seeing is businesses are starting to spend again. we saw that in the employment report on friday, which was a big improvement in what we've seen in recent months and years. i'm somewhat optimistic that we'll see maybe wages climb up. wages do not rise through government fiat. they rise when businesses hire and when

they spend. stuart: do you think that the election result has made any difference here? >> yes. stuart: it was a huge republican victory. new congress takes place in january. doesn't that set the stage for business to say, well, maybe things will look up like this? >> no question about that. absolutely no question about it. when i talk to business men and women, they're not so convinced that republicans will be passing all these wonderful new bills. what they like about a republican congress, it slams the brakes as much as possible on obama's agenda, which is antibusiness, let's face it. that is positive for the economy. no doubt about it. good for the stock market too. we have to get more americans in the stock market, stewart. when you talked about the fact that the rising stock market is only helping the top 20 percent. that's partially true. americans have to realize, they have the retirement accounts. the 401(k)s and stocks. we have to get every american in this country

invested in stocks and invested in america. stuart: steve moore, heritage. >> you're right about the gas prices. the left is crazy. this is helping american consumers more than anything we've seen in two years. stuart: absolutely. a huge bonus for every single person in america. the greeners think it's a terrible thing. >> they hate progress. they hate industrial development. stuart: yeah. well said. we could go on for hours. >> you had it right on in your commentary. >> i want to stay on gas prices. gas could be on a national average basis around 2.47. roll that tape. >> national average 2.40s before christmas. perhaps 2.47. i would expect the higher side of that 2.40 range. >> i think that's flat out fantastic. look at this quote from

the new yorker. quote, cheap gas has become like an industrial form of crack. it doesn't really matter how much damage it causes because we simply don't have the power to walk away. look who is here. charlie gasparino. you fired up about this? >> it doesn't surprise me. they have al gore. no problem powering up their planes to give speeches about climate control and lefty things we should be worrying about. they have a problem when the middle class -- that's what this is, lower gas prices, when you break it down is a tax cut to the working and middle class. it's the best economic favor that they've gotten since in the obama years. remember, you said it quite perfectly before, rich people got a lot of money. made a lot of money in the stock market. poor people got a lot of transfer payments. the people in the middle, the working class in this country, got screwed over the last six years. wages have been squeezed. less jobs in those really good jobs in the

middle. this is the tax cut to them. and i'll tell you, it is absolutely horrendous that the left-wing media is attacking this. they're making it like this is some sort of evil that working class people get a benefit. stuart: it's climate change. that's what they say. cheap gas makes you drive more. pump out more carbon emissions. destroy the planet. >> maybe the people in new york are taking their mopeds, their bicycles to work, don't realize that people in this country actually drive to work. that's still the modus operandi aand for most people, there's not mass transit. and people driving in manhattan, if average people need a tax cut. what is wrong with that? this is the best thing -- by the way, this is what could help hillary clinton get reelected ironically. because this will keep

the economy -- make the economy roll even stronger. good thing for america. stuart: stay there. check the big board. we're down, but not much. i'll call this pretty much a flat market. fifty points away from 18,000 on the dow. mcdonald's is hurting the dow industrial average. one of the dow's stocks. it reported a big drop in sales. down over 4 percent in the united states. same store sales. the stock is down 350. three other dow stocks are hitting all-time highs. that's obviously helping. visa, disney, home depot, new highs. all of them. don't forget about the s&p 500. it's in the red, but only a tiny fraction. about 50 of the s&p 500 stocks, that's 10 percent of them, are actually hitting new highs as of right now. these stocks have been high flyers this year, but not lately. tesla, amazon, green mountain, all of them down again. it's been a theme on our

show. i say consumerism is in retreat. you're sick and tired of buying a bunch of stuff piled under the tree. i taste change. let's bring in steve. he's the newly appointed ceo at kodak. all right, steve, i think you're with me on this one. i don't particularly like this consumer -- consumerism, if you like it. i'm a little up set about the mounds of junk under the tree. (?) the urge to buy, buy, buy. and i think you're on the same page with me on this one. >> well, you know, stuart, great to meet you. i think there's an overlap between the page you're on and the page i'm on. so sadly in some ways, i'm not sure consumerism will go away. here's the good news. every dollar we spend is a vote for something. a vote for a value system we believe in. increasingly because of the transparency and availability of

information on the internet, we're more aware of the impact of the purchases we make. so that mound of gifts under the christmas tree, can be seen as a mound of opportunity to shop and give and have an impact. stuart: aren't you saying in your book, the conscious economy, it's better to give an experience like an event -- go to an event with a person you're giving the gift to. travel with them. something you actually do and experience. that's what you're saying, isn't it? >> i think that's so true. i think we see the increase in people's interest in experiences in the rise of the travel industry, which continues to grow. and i also think we see it in the food industry. restaurants, hospitality, and cooking at hope. there's a number of things we can do this holiday season if we want to have a bigger impact even as they're expressing generosity.

that includes giving an experience. but if we are going to give objects, maybe we could buy it at a smaller store where we're supporting a business in our neighborhood. maybe go to one of the goodness marketplaces online and shop for a product that's produced in a way that's fair to the people who made it and is i in sync sink with people's values. >> it won't work with my wife. goodness. stores. she likes the stores where the gold is and the diamonds, you know. (?) stuart: do you share my dislike of that gross materialism under the christmas tree, a pile of junk for kids who take hours to wade through it. >> i don't have kids. when i see my niece and nephew go under the

tree, there's a joy in that. stuart: am i a killjoy? >> you are. but i'll tell you what i do, i give my wife a check. >> i want to jump in and defend you, stuart. >> go ahead. >> i'd love to defend you, stewart. who is giving you christmas presents? if there's a mound of junk under the tree. i would like to think that giving and receiving is a big part of the holiday season. i don't like to get a lot of stuff. i live in london. i don't have a lot of room for it. in the united states, at a premium, i think as long as the things we're giving and putting under the tree are produced in a way that's actually doing something good in the world, i think that's okay. >> rolex is nice. >> it's more. >> if you put four rolexs under my tree, that could fit. >> steve and charlie gasparino. you shot me down. thank you very much for being on the show. thank you very much.

happy holidays. here's the line up. college professors excusing students from assignments. because the students were protesting police activity. really? mcdonald's, another big drop in sales. john taffer joins me. you probably have heard of the elf on the shelf. it's become a christmas phenomena. now, a can a version. that's next >> i think our goal is to share family moments and to help people create tradition in their family. so my mom and i both and thought other families would enjoy it

stuart: well, look at this, janice capital, that is a neutral fund now run by bill gross. the amount of money pouring into that fund has more than doubled just since mr. gross has arrived. charlie gasparino knows mr. gross -- well, you do don't you. he has a great track record. >> a horrible track record over the last two hours.

he created pilgri pimco, fixed income investment, i would say this, this is proof positive that the consult of the superstar fund manager where people go from one fund to another to follow a name. his total return was one of the best. because of that name, the cult endures. i would say, don't buy the name. (?) go buy the record. this guy has not been doing very well. i'd be hesitant. >> thank you very much. big name. you know it, new high. starbucks. nicole, what are they doing right? >> at the continue to change with the times. they've also put out a five-year plan had to grow revenue that the analysts are loving. today you had jeffries on board. ninety-seven-dollar target way buy rating. the plan over the next

five years is food, food, technology. basically saying, beer and wine. they're going to expand the lunch menu. they're going to be rolling out mobile ordering so you can get your drinks more quickly. howard schultz, the ceo knows that people have this seismic shift. shopping online. not going to malls. the traffic has dropped. not necessarily to starbucks. he wants to stay ahead of the curve. stuart: the dow took a turn on the south. fifty-three points down. do you know about the elf on the shelf? you have young children, you might know about this. it's an elf sent from the north pole to watch over your kids. help santa keep track of who is naughty and nice. every night the elf flies back to the north pole. every morning, a different spot. you're the person. you move the elf around.

the kid isn't supposed to touch it. it's a christmas phenomena. now, there's the mensch on a bench. for those of you not familiar with the yiddish. mensch means honor. welcome, neil. >> thank you. stuart: this is your idea entirely? >> it is. you saw the success of elf on the shelf and you went to the jewish side of things, mensch on a bench. >> i'm in an interfaith marriage. we're raising the boys jewish. my son asked for elf on a shelf. i have a bit of elf envy. can we get elf on a shelf. dude, we're jewish. >> he came up with elf on a shelf. >> he asked, can we get elf on a shelf. i said, you can get mensch on a bench. that's where the idea came from. >> one of them sitting here. big one sitting right next to you. how much for this one?

>> they go 29.99 to 34.99. how many have you sold? >> 50,000 after making 1,000 of them last year. stuart: 50,000 this year? >> 50,000 this year. stuart: okay. what do you do with the mensch on a bench? the same thing with the elf on a shelf. >> it's a little different. i want it to tie back to judaism. he watches over your menorah, you will name him. you'll spin draidles. we changed one of the rules. you were talking about consumerism. one of the nights kids will give presents to someone in need instead of receiving gifts. we're teaching them to values. >> i love yiddish. i think they're g good to

mix in your copy. >> do you move him. >> he's an old jewish man. his back gets sore. >> kids are allowed to touch. we heard the feedback, that is one of the pressure points. so we thought to make it a family friendly activity. the kids can play with him. our job is to bring families together and bring hanukkah more fun. >> so this is a private company. this is your idea entirely. >> yes. >> you want to sell? >> not yet. >> would you sell that whole idea, the expression mensch on a bench, would you sell the whole thing for $10 million tomorrow morning? would you? >> probably not. >> of course, you would. >> i'm having the most fun i've ever had in my life. i quit my job. i'll be on shark tank this friday.

i mean, i'm on fox. i'm making little jewish dolls for a living. i'm living the american dream. could i live it with $10 million. yes, that's possible. this is the best thing that could happen to me. >> mensch on a bench. 29.99. and it's selling fast. >> good luck. grumpy cat, internet sensation. you will not believe this. grumpy cat has made $100 million. ♪

you never jim jam shabriver flab dry ris.o is, bliss pounds hazy dray? drywall sh-boop leaver - murray. hey, big bog panorama corn salabaty? dude, squibble bits. mareyayzee. mormal snap jebby rolban jebby deetle flosh. [laughter] eh. now's the time to get in the loop. just look for our fall tv picks with xfinity on demand. huh.

quickly find the season's hottest shows, huh. quickly find the season's hottest shows, with a handpicked collection all in one place. only from xfinity. stuart: all right. we're down 60 points. took a turn for the worst in the last 20 minutes. down 60 as of now. three stocks account for 60 of those negative points. chevron, mcdonald's, exxon. mcdonald's sales down. the stock is down. dow stock. down goes the dow. two oil companies moving

in unison with the price of oil. they're down. down goes the dow. how much is an internet sensation worth? if you're talking about the grumpy cat, you're talking serious, huge dollars. look at this. it brought in $99.9 million for its owner in two years. what is this, the power of the internet? >> i'm not sure what grumpy cat does. >> it appeared on youtube. a whole bunch of eyeballs to watch it. they wrote a book. a movie. >> some of that -- it's really good. good for the economy. it's about the internet. things get gobbled up. they go out of business. the technology is used for other bigger businesses. i mean, you know, microsoft and, you know, netscape was -- netscape became the forerunner of other search engines like google and things of that nature. i remember pets.com.

where are they now? remember when you're putting your money into a thing like this, when you're buying public shares, the chances are you'll put your money into something that won't be here in five years. it may still be a good investment. things change quickly in the internet. >> i'll take 100 million if i can think of grumpy cat. >> menschon a bench.com. >> demonstrators took toot street to protest michael brown, eric garner. writers through bricks, bottle as the police. some fire lighting. damage to police cars. tear gas. rubber gas used to disperse the crowd. despite that violence, some college professors giving breaks to students who were involved in the protest or too upset of the verdicts that skipped class and skipped final exams. charlie. >> i guess i'm getting

old, dude. i had an argument with a professor of mine on a facebook over some aspect of ferguson. because i made the point, the academic left, which basically is all of academia minus a few professors, they'll accept any bizarre notion of what's going on as truth. and, you know, this is part of that. think about how absurd this is, you get time off so you can throw rocks at police. ridiculous. stuart: you're too upset by a court -- we've become a nation of wimps and weirdos. now, universities and high schools this is happening. do you know how much you have to pay to go to some of these schools that having your kids off? stuart: oh, i know that. i have three kids in private school right now. three. >> did they give them any breaks? stuart: no. and if they did,

withdrawal. mcdonald's sales slipping. people are paying more and they're going for healthier options elsewhere. reality tv star john taffer on that. he's next

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stuart: the dow is close to the low of the day. oriole, a five year low they are. down $63 a barrel. there are 16 energy stocks which are at 15 week lows. down to $2.66 as the national average for regular gas. 40 million americans now spend a third of their income on a housing payment. 40 million pay more than one third. cheryl casone is here. point number one, is 40 billion that big of a number? cheryl: yes, absolutely. compared to we were in the early

90s. 25% since early 2009. you and i talked about that previously. this is a sense to which we had back in 1991, 92, 93. it is now cheaper to buy a home than it is to rent. the millennial generation is not making the money that they need to make to go out and buy a home. they can not afford it. >> they have student debt. a lot of them have the lack of a well paying job right now. you have slowed job recovery. slow growth rate. all of that, it is a shame.

i could not wait to buy a home. that was my dream. this generation, it is not happening for them. it is really a shame. stuart: middle class of america getting squeezed. cheryl, thank you very much indeed. look at donald's. the stock, that is. sales were down about four and a half percent. john cather, the host of bar rescue. he joins us now, as he often does. is this a problem specific to mcdonald's? >> well, burger king has been taking a hit for quite a while.

it is a big number. it is an awful lot of guest. they have to react. the way they are reacting worries me a little. they are introducing a kiosk program. you can create your own burgers now. the problem is, you are waiting five, six, seven and it's for a hamburger. you will pay about $8.29 for it. you are starting to compete with full-service restaurants. it is not fast food anymore. stuart: do you think that they have a bad pr image?

some of the other burger places, they really advertise a very limited menu. jack-in-the-box stock -- do you think it is a pr problem? >> arby's, also doing well. they are selling a lot of the same foods that they sold before. it is not a real shift. here is what worries me.

cars sit in the parking lot too long. the volume is shifted. that shift in volume could have a significant impact on their regular business. >> yes. i want there fast foods to be fast. that is what i want. i have the kids his car. they are waiting. now it becomes six minutes. that becomes a big deal. when you drive by, there is no parking space so you go on to wendy's where there is another option. stuart: we have to ask you about the snake swallowing bust that went on the discovery channel. what do you say about this stunt that went bust?

>> we work what we have. we do not create what we don't have. stuart: john, you are a great guest on this program. the audience loves you and we know why. an update. owner denied reports that the cat made $100 million. reports are completely inaccurate. the story first appeared in a british tabloid. the daily mail. daily express, i am sorry. >> the numbers did seem a little inflated. you cannot deny the power of that cap. wasn't the internet made for cats at the end of the day?

i believe that is why it was made, for cat videos. stuart: $100 million? grumpy cat. >> it is very difficult to monetize the youtube sensation. stuart: we almost left the show with $100. i am glad that we did not. google. the question is this, is $530 a share time to buy google? ♪

♪ nicole: right now, the dow jones industrial average is down 53 points. the s&p 500 down eight. the nasdaq down 26-point. energy, take a look at some of these names that have down arrows. hitting new lows. oil has been sitting at five year lows. conoco phillips says it is cutting its drilling budget by 20%. morgan stanley says $43 is possible for oil in 2015. the second quarter.

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stuart: the stock went up. why do you like it? >> we like google because the price is at a great entry point.

down 12 or 13% from its recent high in september. you should look for locations like that to look for your holdings. it is a long-term stock. it has great trends in the short term. they are figuring out ways to get paid more per click. that has been a bit of a problem. stuart: do you think that google is what it has always been cracked up to be? >> we do. there is tremendous amount of opportunity for internet advertising. stuart: where do you think that it is going? >> we think that it is going at least 20%. that is up into the $600 range. stuart: any time frame?

>> you could see that in about a year. that is extraordinary. you do not normally take big stocks like this. google dropped 100. >> thank you. stuart: check the price of oil. $63.19 a barrel. the price of gas keeps on going down. good for us. not good for russia. the russian economy and the current economy into a tailspin. peter, we know that the russian stock market is way down. the rule ball is at a record low, we believe. >> it really is inevitable.

we are seeing a full split. they are absolutely desperate. the first of a widespread effort. as part of that process, the russians know that they will be severed. it is just a question of when. stuart: that is a word to use. it is absolutely inevitable, you say? >> not really a shock when you think about it. >> this one is no different. speak to your book is called the accidental superpower. i take it you are referring to russia. >> oh, no. stuart: oil production? >> for a risk of reasons.

it is really hard to screw this up. we have been trying, but so far no dice. we have seen here an echo of what we saw in the 1970s and 80s. you are going to see all of that. it is great if you are in western europe or north america. you can actually see russia from home. stuart: any relation to sarah palin by chance? stuart: is sentenced to 10 years in prison.

daniel, not sure how to pronounce it, the first of five former madoff employees to be sentenced over the next week. he got sentenced to 10 years. one college student paying off her student loan debt by the age of 26. why did she try to do that? why so quickly? why? she will tell us when we come back. ♪ i

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>> the gop divided on how to counter the president's immigration. house judiciary committee, congressman joins us. he is taking the lead for the gop. be with us tonight. 7:00 p.m. eastern, 4:00 p.m. pacific. stuart: our guest last $13,000 in debt. our guest paid it all off by the age of 26. tracy joins us now. congratulations.

we think you did a great thing. why did you do it so fast? >> thank you for having me here on the air. i am really happy to talk about this issue that is burdening more than 40 million americans today. i am committed to living a life of generosity. i wanted to set myself up to give those around me more freely. stuart: that is interesting. that is very interesting. you paid it off quickly so he went out of our time and money to help other people will. to use your time and money to give to other people. how did you pay it off so quickly? how did you do it? >> much less than what most people oh and for that i am very

grateful. i have lots of things secondhand. stuart: would you describe yourself as thrifty? i fully support the idea of rift among young people. >> i would describe myself as an adventure seeker. going to ikea seems pretty boring to me. stuart: you did this because you are very green. you are very worried about climate change and you do not want to worry about a lot of stuff. you conserve as much as you can

and that allowed you to save as much money as you could. you are a greeny. >> i would not say that. i am not one of the crazy ones. i do really value my planet and my home. i value the life of living simply to be able to give more generously. stuart: we appreciate what you are doing. we are glad to have you on the show today. thank you for joining us. thank you. the dow is down. more varney and company in just a moment. ♪.

stuart: mcdonald's crushes the $8 price point for hamburger, you are starting to compete with full-service restaurants. it is not fast food anymore. stuart: they got that right.

the problem mcdonald's is faced with. now, here is deirdre bolton. deirdre: thank you so much. a hack attack leaves 105th the million users at risk. it comes on the heels of a security breach. google pulling out all of the stocks. we have that take. investing in hard assets. gary, they were all in miami. our expert guest will tell you which buys were best. playstation gamers could not access the network for a few hours yesterday morning. joining me now is a security