release tomorrow we'll talk about regulations and dividends and his outlook for the company this year. you wouldn't want to miss what he has to say about the federal reserve new receives in terms of jpmorgan holding capital. tomorrow on the "opening bell." i will see you then. time for "varney & company." keep it here on the fox business network. stuart over to you. stuart: thanks, maria. look at this. shake off terror scare and drop price of oil and watch profits go. stocks are on a tear. good morning everyone. it is the best stimulus plan in year. the collapse with the price of gas which is putting a lot of money into everybody's pocket. one of the factors in this big stock rally. look at numbers. oil dropped to $44 a barrel earlier. gas is at 2.11 national average. millions of drivers are paying under two bucks a gallon. however i have to bring this to you. house democrats want to raise taxes. even some republicans want to raise the gas tax, just when we

all catch a break the beltway boys want to take your money off you. do not allow that to spoil the fun. the dow is up 2.50 2.60. "varney & company" is about to begin. >> just look at this. it is called a rally. the dow industrial average is up what about, 1.4%. that is50 points. let me tell you. -- 250 points. tech stocks are leading the way. a lot of big names beaten down recently are on the way back up again. look at this. apple is up three bucks amazon is up nine and netflix up nine dollars a share. google facebook, twitter, two three percentage point gains on all the previously beaten down big names. here is the real number you're looking for. the price of oil. we're at $45 a barrel right now. we had been at 44, teetering on

the brink of going to 43. we're at the lowest level for a barrel of oil since ape of 2009. now here's the stimulus part that comes in. 18 states, on the screen right now. they're in the 1 dollar club. state average for regular gas is below $2 a gallon. those states pay less than two bucks a gallon. interest rate barometer, currently at 1.92%. it he dipped down to 1.86. it bounced back to 1.92. so some that is a positive sign. anthony scaramucci is with us. he is with skybridge capital and founder thereof and fox business contributor to boot. net-net is the collapse of oil and gas a good thing for america and good thing for the stock market? >> okay, we had this conversation three months ago and we got fire from the other network. stuart: we did. >> i maintain it is very

positive. now we're going through the numbers now where you could have recession in texas. possibly the dakotas and oklahoma. having said that on a net basis, it is about a trillion dollars, stuart. that will be in the hand of average consumer. stuart: wait, where did you get that from? that is a lot of money. >> if the prices stay where they are, for the next year and you do calculation on heating, oil general energy for corporate and average consumer, it is about $950 billion to be exact. we did the statistics? is that enormous number. >> like a tax cut. that effectively what it is. almost like stimulus george bush put into place back in 2007. it is about $950 billion. so why is this important? it is important because the average american is spending about 21.4% of their disposable income on energy. this gives them an enormous boost. this puts money in the pocket.

you didn't see in retail sales numbers. it lags. it takes six to nine months to affect beautiful patterns of average consumer. stuart: i filled up my chrysler town and country van for $22. >> what is year is your van? stuart: 2014. 2013 is what it is. >> it is impressive. stuart: i bought gas for $1.79 in new jersey and filled up for 22 bucks. that is a huge savings. >> doing it $50 probably -- stuart: 35 to 45. >> that extra 20, multiply it by 50 weeks, $1,000 for the average consumer. someone making $50,000 a year that is big money stuart. that leads to more savings. leads to more consumption, it is very, very good for the markets. but there is something else happening because very good for the american military. you're putting pressure on iran. you're putting pressure on vladmir putin and it will force those guys to rethink their geopolitical strategy.

stuart: okay. >> other person getting hammered is assad. stuart: okay. look at that big board. this is what we want to hear about, we're up 1240 points. -- 240 points. 17, 8 is where we are. that is a rally and 1/2. bottom you rest of the hour. president obama meets with new members congress. this is the fairs face-to-face meter since republicans swept in senate majority leader mitch mcconnell, senate minority leader, note word minority, leader harry reid l reid house minority leader nancy pelosi. democrats like chris van hollen pushing a wealth redistribution plan. raise taxes on wall street. slap a new fee on all financial transactions and use money you bring in to hand out tax credits to the poor. special report host bret baier

is here with more on this. i would have thought that maybe the last election never happened because the democrats in the house, this is same old-same old. this is redistribution, raise taxes, as opposed to going for growth. nothing's changed from the democrats here. >> well, right stuart. chris van hollen coming forward with this detailed proposal that is being lauded by people like richard trumka and others in labor and many on the left. basically it is just that. it is this redistribution plan and they don't shy away from that. they say that middle class and lower class families need the help. they need the extra money in their paychecks this is a way to do it. it is dead on arrival in congress and you know it is a proposal that is out there. for the base. stuart: it is a template how the democrats will approach economic policy for the next two years as

we run up to the next election, the presidential election. i suspect that senator elizabeth warren is kind of leading the charge on this one. >> sure. she is a prime figure here. as is van hollen, obviously the ranking member in the house budget committee for a while and now is the point man in the house for the democrats proposal but in the senate, you're right. the left is rallying around elizabeth warren and it is not just that. her name is getting surfaced around the country as a possible presidential candidate and getting a lot of attention. stuart: lots of calls for a gas tax hike a couple of republicans are getting on board. on "special report," charles krauthamer i believe is calling for a gas tax hike. i'm not asking you to apologize for charles or to speak for him but this is kind of a shock that anybody who considered themselves to be conservative or republican should actually want

to raise taxes on gas just as we're all enjoying the party bret. what is going on here? >> you know, listen, charles is his own pundit, his own panel member. he has been my first baseman on "special report" panel for a long time. there are sometimes that he will surprise you of the this is one of the things that has always been charles's belief. that he thinks that a gas tax would help pay for infrastructure and would be sound policy obviously. there are a lot of people on capitol hill who have a problem with that and they note that while oil prices are low now they may not always be this low. and -- stuart: it is not going to happen? >> stuck with an extra dollar gas tax. stuart: you don't think it will happen, do you. >> i don't. it will be proposed but i don't think it will happen. stuart: treasury undersectarian tone yo weiss asked not to be renominated to his post. he is dropping out. he was a wall street guy. democrats especially,

elizabeth warren, they opposed his nomination. the fact that he has now stepped aside that is a win for the left, isn't it? >> yeah. and for elizabeth warren specifically. she singled him out as he should not be in treasury department. her past head of the consumer finance protection bureau, she is really leading the charge on all of this. pretty anti-wall street overall. this is a scalp she has been able to take. stuart: looking forward, do you think that very much of, or if any of the left's position on taxes and redistribution, do you think any of it is going to make its way to the president's desk to be signed and will actually happen, any of it at all? >> i don't. i think the house and senate come up with plans that follow the past republican plans. there will have to be some give-and-take in order for it to get through both chambers. what that give-and-take is, i don't know.

there may be some kind of tax increase or fee increase or shifting of the tax base someplace. it is not going to be across the board i don't think. there will be some negotiating, but i don't think these proposals we're talking about today will make it to the finish line. stuart: we'll be watching "special report" at 6:00 p.m. eastern tonight and will be particularly interested to see if charles krauthamer is pressed on idea of dollar a gallon tax hike for gasoline. we'll wait and see. >> all right. stuart: bret, always a pleasure. see you soon. thank you sir. senator james inhofe republican oklahoma he will join us at noon eastern. he is a republican, from oklahoma, he is, wait for it, he is considering a gas tax hike. we'll ask him what are you doing there, senator? 12 noon, this program. let me give you an update on the terror attack in paris. one person linked to the kouachi brothers has been arrested in connection with the attack. as six members of the terror cell may still be at large

including a man seen driving a car registered to the kosher attack guy. "charlie hebdo" remains defiant since last week's attack of the has a picture of muhammad. it reads, i am charlie. the headline is, all is forgiven. "charlie hebdo" journalists held a news conference ahead of the publication. they will publish according to some reports three million copies to be translated into several languages. usual print run is 60,000. get it out there. of the one last item hayat boumeddiene remains on the run but reportedly crossed from sir from turkey into syria. s&p in trouble with the justice department over inflated ratings during the crash. the price tag, over a billion dollars. s&p downgraded america's debt

when we lost the aaa status during the financial crisis. that prompted, way back when, the following response from then secretary tim geithner. here is the quote. s&p's conduct will be looked at very carefully. such behavior will not occur without a response from the government. anthony scaramucci still with us. i think the government is taking its revenge on s&p. >> when the government, this government and administration is accused of crony capitalism you can serve this up as evidence. stuart, why isn't moody's enjoined in the lawsuit as well? stuart: why not. >> specifically targeted s&p. stuart: no other ratings agency was fined or criticized in any way. just s&p. they dropped the aaa rating. >> you and i agree. the entire market was complicit in the sins committed prior to the crisis. every ratings agency should be put in the same boat. they singled out s&p and smacks of crony capitalism. stuart: they sent a message,

don't do this again. look, all you ratings agencies out there? look what happens when step out of line and downgrade america and obama's debt. >> there is process in the united states established 238 years ago the law is above individuals, consistently these guys taken the law into their own hand. look at abrogation of contract law during the chrysler bailout and what they gave to fiat as an example. this is another example of crony capitalism. this is another example, little guy, folks on the street get sore at this governmental policy. stuart: anthony stay there. you're with us for the hour. good man. up next nascar star, dan nick can patrick as way for you, and me maybe to go to the daytona 500 with her. find out about that in a moment. coming up next, the college football championship. ohio state handily beat oregon. i will take issue. wouldn't they get better ratings on a weekend and played not so late at night so some of us on

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that's a $29 value. ♪ or go to lifelock.com/go. try lifelock risk-free for 60 days and get this document shredder free -- a $29 value -- when you use promo code go. call now. stuart: tuesday morning, you look at the big both you have smiles on their face. i have two guys on the set. get a shot of that. why not. the dow is up 250 points. we're all making money. three dow stocks at all-time, lifetime highs. look at that. united health, disney walmart. watch them go. then we have this the ohio state buckeyes won the first college football playoff national championship, knocked off oregon 42-20. fox sports pete s hr ager is with us. i have a bone, not with you, but with the authorities.

would they get much better ratings, they got very good ratings, but wouldn't they get better ratings on saturday lunchtime or sunday lunchtime? >> they can not take on the nfl playoffs. pitting against this nfl would have blown this out. you have nfl wildcard grimes. college foot gal can't compete with that no matter what they think. stuart: there is money at steak. rearrange the time of the college championship you would make a lot more money. >> they owned it last night. espn a cable network racked in record ratings. cable network, not on weekend is put them on saturday lunchtime. could you do this. >> monday night they're home. everyone is watching. you own the night. nfl owns every other night. look at "monday night football." stuart: that didn't end until after midnight. >> that was late. stuart: how many people in this studio, all of whom are early morning people none of us could stay up to see end of the game. >> i watched it, stuart. stuart: it is your business.

you're young too. >> world series is also an issue. world series games are weeknights and kids can't watch. money is there, advertising there, i don't think they're as concerned about eyeballs. disyou're talking about disney stock, they're doing well with the college championship last week. stuart: generally speaking our audience likes you. would like you a whole lot more if you agreed with me, stuart, you are right. college championship, stuart, you're right. >> trying to help you out. stuart: come on seriously. they could get more money if they rearranged the time and date of the game. >> would have to do it before the holidays. do it in mid-december. stuart: isn't there a weekend free before the super bowl. >> there is a guy week, but a huge lag "time for kids." college ends thanksgiving and say wait two months to play another game to accommodate a few more viewers. i think it was perfect last night. was great success. sorry, stuart. stuart: you may know thing about

sports but you don't know anything about money. >> my wife says the same thing. stuart: get her on the air. thank you very much. >> appreciate it. stuart: let's talk nascar shall we because danica patrick is here. what a pleasure to have you back on the program. good to see you. >> well thank you very much. how are you? stuart: thank you. wait a second. i think you guys do it right because the daytona 500, the super bowl of nascar, is on a sunday afternoon. we could all stay up throughout the entire performance and watch those cars going around and around and around. i think you do it right. you could teach these college football guys a thing or two right? >> it goes late. there is no doubt about that. maybe, i don't know, is it because they're college kids and they stay up late? i don't know but, i was asleep for a lot of it. stuart: you have a way of getting me to go to the daytona 500 with you. it's a sweepstakes of sort or

anybody can go with you, if they win these sweepstakes. you have to tell me how we do this. >> it is quite simple. as a sweepstakes to go, all you have to do enter attacks attacksact.com/danica. that's it. your paid trip for it is quite cold around the country at this time and lovely in florida. you meet me. everything paled for. you can win my race work, bodywork, all kinds of cool things as memorabilia. tact act is a tax act is a knew sponges sore for this year a prime sponsor for my car in the race before the daytona 500 a non-points race which gets everyone cited about our season started and ben at martinsville happening before the magical april 15th date when we need to remember to pay our taxes.

stuart: unlikely event i win the sweepstakes and come to the daytona 500, with you, danica, do you think i would stand out like a sore thumb, a elderly englishman with an accent at daytona 500, do you think i would stand out at all? would you make me welcome? >> not dramatically but you would a little. >> base of all your tattoos. >> we welcome, everyone. stuart: so you do. >> nothing wrong with tatoos. stuart: i like them -- >> like them on him. that's why you would stand out. stuart: no tattoos. no tatoos. not allowed. okay? verboten. not having that. >> yes, sir. stuart: is this common in nascar are they? >> i mean i have one. stuart: oh. >> i know people that have them, yeah. stuart: oh, okay. >> you broke my heart. you made me burst my bubble. now i just feel like i'm not good you in. stuart: no, no. it is not that. you're out of my will.

danica patrick, everyone. tattooed lady. great performance on the show. thank you very much indeed danica. very best of luck to you. stuart. i think we got, what are you laughing at? >> your delivery. makes you. it is delivery. stuart: danica patrick -- >> biggest star of nascar. talking about tattoos with her. stuart: never had an interview like that before. thank you. what are we doing? checking google's stock. why not down 19% from its high. is it a screaming buy now? maybe a bit late up 10 bucks. after the break, outrage over cadbury eggs here and in the u.k. social media erupting in protest. why? we'll explain what they did to my favorite candy. >> everyone wants to be the cadbury bunny, only he brings cadbury cream egg with delicious milk chocolate outside and creamy filling. while others may keep trying there is only one cadbury bunny

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stuart: look at google. down 19% from all-time high which was $615 a share. the question, should you buy it now at 507?

it is up 10 bucks. still a buy at 507? >> this is one of those heirloom stocks you have to own. put it away. down 15, 20% from its high. trading at 17 multiple. there are $65 billion of cash on balance sheet on this company and they control 60% of the search space and we're moving mobile every day and google owns. that this is mobile business, defensive position and core holding. stuart: you call this an heirloom position. you buy it and -- >> give it to my great grandkids. this is winner in every facet. stuart: not every person can say that. >> full disclosure, my son works there. i know a lot about the company. in my ira. full disclosure. this is wonderful company. forget about the buzzy stuff they're doing with the self-cars, this is cash money machine. there is no competitor has 10% market share and they have 60% of the market.

>> you wouldn't say that about many stocks, buy them, hold them, give them to your grandchildren. >> i wouldn't, in fact apple is great stock to own now but i don't see it as heirloom stock relative to google. apple is in technology. it is in a hardware component of this stuff. now easily, these people can get knocked off the block. it will be very hard to knock google off the block right now. stuart: google is a guy or stock to buy. got it. have to talk to you about cadbury, causing quite a stir in the u.k. they're announcing they are changing ingredients in the fame must cadbury cream eggs switching out special dairy milk chocolate shell for a different formula. lauren simonetti has more on this let's first of all get some details here. >> okay. stuart: okay. i was born and raised on these little bars of cadbury dairy milk. >> best there is. stuart: they are not changing are they. >> no. stuart: all they're changing is the chocolate around the cream eggs only changing in britain is that correct? >> yes. this is the time of the year

when you can start to buy january through april the cadbury cream egg. it is now manufactured by a u.s. company, mon dell lease. in the u.k. they changed the recipe and literally walking on eggshells with fans because fans are mad. they took the cadbury signature dairy milk chocolate shell and trading down. they're using another type of cadbury milk chocolate. that is what the company tells me. whether they did it for cost reasons we do not know. we do know that customers are so mad, stuart, i pulled this is from the facebook page, austerity has gone too far. they want the dairy milk coating on shell. stuart: i bet they are complaining americans come over here. >> you know, what i kind of agree with them. i will confuse you a little bit more. a lot of people will start to buy the cadbury cream eggs here in the u.s., they're made by a different company and they have been about nine years and that is hershey. stuart: i am indeed confused. >> i know. stuart: tell me, you know the

taste of the cadbury darely milk bar. >> i love it. my favorite chocolate bar. stuart: mine too. >> i like one with nuts and raisins in side. stuart: cadbury fruit and nuts. >> you're a fruit and nut because you like the cream eggs. so do you anthony. i think they're gross. most people don't like them. at least ones i spoke to this morning. stuart: you put a bar of that cadbury chocolate in front of me i will eat the whole thing. >> you're on, once we can find them. that is the question. remember when they changed coca-cola formula years back. so i asked mondelese that. they haven't gotten back thome. they say they're using traditional cadbury milk chocolate and fans are responding. stuart: we spent more on the cadbury milk eggs than we did with danica patrick. i thought that was great interview. >> you didn't like my hit. stuart: democrats tax plan, familiar tune, take it from the

rich and give it to the less fortunate. grover norquist passes judgment on that. there he is, next.

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congressional leadership here to the white house. harry reid is absent because he is still convalescing a little bit from the mishap in the gym and he will be back strong next week. i had a chance to talk to him. i want to thank the speaker and leader mcconnell and dick durbin filling in for mr. reid and nancy pelosi and all the leadership that are here today. first of all some of these folks i haven't seen so i had the opportunity to wish them happy new year. to the speaker i want to point out, i said there will be some things that we agree on. having a -- stuart: i hate to interrupt the president but that is the beginning of the meeting. the meeting is now in progress. if there are any results from that meeting anything tangible occurs, we will report it when that meeting is over. that is the beginning of it right there. check the big board. it affect the rally it still on.

dow up close to 300 points. we'll take it. 10-year treasury yield. we'll check it closely. this is the interest rate barometer. this is factor in today's market. we had a spike down to 1.86. we're spiked up again to 1.92. no effect on the market. oil is the effect where it was felt. $45 a barrel. we were down to almost 43 earlier. bounced back a little. that is affecting the market. dow is a little higher. cyber hackers hit centcom central command's twitter and youtube page. they essentially covered it with pro-isis messages. peter barnes is in washington. i don't think it is that serious. i don't think it's a huge hack into the center of america's military operations. i don't think they got very much. i don't think they demonstrated any particular technical

expertise. but i think i'm out on a him on this one. what say you? >> you're right, stuart talking to cybersecurity experts turns out this big hack from isis resulted from weak security by centcom for twitter and youtube accounts. "wall street journal" is reporting that centcom used weak passwords for twitter account. failed to take extra security steps that would make the hack a lot harder and get this, executed with a person's personal email address rather than than a government address which would have made it harder to hack. of the centcom said the accounts were on commercial servers not government servers a lot harder to hack. centcom says the networks were not compromised military networks and there was no operational impact. the judgment today at a minimum it was a big propaganda victory

for isis. stuart: that is exactly what it was. thank you very much, peter. >> thanks, stuart. stuart: democrat chris van hollen is pushing tax inincreases. val hollen wants a tiny fee on all buy and sell market transactions. let's bring in grover norquist in washington. i want to deal with this, transaction tax on all buying and selling securities. it is a minuscule tax, .1 after cent. doesn't sound like much. doesn't sound like it will be that damaging, is it? >> like throwing sand into the gears. each little piece of sand isn't terribly impressive but of course every transaction what exactly does that mean? if you jump ahead and how much money will you take from the american people with teeny transactions, talking somewhere

between 800 billion or $1.2 trillion. so it is not tiny. stuart: what is the time frame? 800 billion, 1.2 trillion, over 10 years? >> it's a little tough. because it isn't written down. looks a lot like the way they sold obamacare. this is a press conference. this is not a plan written down. there is nothing that prohibits the democrats from actually going and getting legislative writing and it down before they go out. they want the headline to say we want to help people by giving you free money. there is this teeny thing over here. they will wait for a long time before they ever write down the explanation of it. i bet they never do it. bet you a nickel they never write down how the tax will hit you because then your bank could tell you what it would do to your ira. stuart: right. we've been saying there is no better stimulus for america right now than the one we've got which is very cheap gas, very cheap oil. we think that is putting a shot in the arm for the whole economy and giving everybody in america

something in their pocket. but now we have a couple of republicans and of course all the democrats a couple of republicans on the screen right now. they're calling for calling for a gas tax hike. you're a powerful guy. can't you stop this? >> i think the american people can stop it. we've certainly seen speaker boehner say he is opposed to a gas tax increase. we've seen republican mitch mcconnell, leader in the senate saying it is not going to happen. there is pressure from the spending interests this comes up every couple of years. they want to raise the gasoline tax. right now, the money that is taken from you and everybody else in this country when you buy gasoline, you think it is going to roads. 20 as much as 30% goes to something other than roads. it goes to everything from subways, to enhancing the driving experience which is in law, which means when there is a

squirrel sanctuary set up to improve the aesthetics of road kill, this was paid for with your gas tax. stuart: you have a sense of humor, grover. that was funny. that was funny. >> thank you. i'm reading this list of nonsense that they take our gas tax money for i go, how does that help? a little park for squirrels? other side of a thruway. stuart: our viewers are incensed at the very idea that we have this party going here. >> they should be. stuart: because of cheap gas and, some politicians even republicans want to come in to take some of that gain. our viewers are incensed at this. last word to you. >> they should be incensed. i believe we'll stop it. if they want money to pay for roads, do a repatriation. let's take 5% of the $2 trillion overseas. bring it back. pave roads with that, and let's get that money that american corporate earnings overseas. let's bring it back here with little or no tax. stuart: so good.

grover norquist, we're glad you're on the show. welcome back to 2015. good to see you, man. >> good to be with you. stuart: look at the big board. we're giving back a little of the rally. some of the steam has come out of it but you're still up 202 points let's not complain. 17, 8 is where we are. california farmers dealing with a three-year drought. they can't get extra water because of a tiny fish. and the supreme court refuses to hear their case. what's with that? judge napolitano on the case next.

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>> hi, everybody, i'm lori rothman live on the floor of the new york stock exchange where stocks snap ad two-session losing streak and we're in rally mode. the dow up 210, believe it or not, off the best levels of the session. some outstanding components of dow, intel, microsoft, verizon and cisco. all 30 components in fact are higher right now. earnings, positive earnings setting the tone starring with alcoa better than expected. earnings turning south off 1 1/2% for alcoa. call it profit-taking. meanwhile kb homes out with better-than-expected earnings and lifting the entire homebuilder sector. utilities are higher as interest rates sink. looking for dividend classic yielding utility companies. all better than 1% higher at the

moment. that is a look at business. more "varney" and company straight ahead.

so ally bank really has no hidden fees on savings accounts? that's right. it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees from the bank where no branches equals great rates. stuart: standard & poor's reported to be nearing a one billion dollar settlement agreement with the justice department allegedly they inflated credit ratings on bad mortgages way back when. here is where it gets interesting. s&p downgraded our country's aaa credit rating. they are the guys who did that back in 2011 but when they did

that there came this from then treasury secretary geithner. quote, s&p's conduct will be looked at very carefully. such behavior will not occur without a response from the government. you haw. all rise, judge andrew napolitano is here. that is revenge. that is retribution. >> it is. we chuckle about it but there is nothing chucklable. it is not funny at all for the government to do that and unfortunately we will now never know the extent of the government's vengeance and the thinking behind the government's actions because it looks like standard & poor's is going to cave. now i say cave. this is standard operating procedure for large institutions in the financial services community to have the government demand an exorbitant amount of money from them, often many, many times what the government could prove. then it is settled for a fraction of so the government will go away.

standard & poor's had the opportunity to settle this a couple of years ago for the same amount of money that it appears they're now settling. it is not peanuts but will not break their bank accounts. the government wanted 5 billion. they're accepting one billion. however one billion plus tens of millions in legal fees. stuart: you know what this means? they're saying to every other ratings agency, do don't do that. >> yes. stuart: don't mess with us because we'll get you. >> this is a very serious and disturbing pattern in the government which comes from both republicans and democrats when they go after people who defy them. stuart: quick update on this one, california farmers and water authorities lost their battle against the delta smelt for pete's sake. the supreme court approved protecting fish. farmers can not get water and fish win. >> i know this looks like the court did the wrong thing. the real culprit is the congress which gave environmental authorities such bodies correction to protect a two inch

or three inch smelt rather than tens of polls of human beings who need water so that food that they eat will grow. stuart: it is a disgrace. >> absolutely is. i think there are members of the court who agree with you but their hand are tied because they took an oath to uphold the law even bad one. stuart: shocking bad news all around. are we done? >> we are. why do you bring me on here to talk about these bad cases? stuart: come on next time do something positive. >> there are other things he could talk about, phillip. stuart: you may have heard of it. wait for it. it is a race. called tough mudder. 10 miles obstacles of all kinds. electric fences, fire pits you name it. we have tough mudder's ceo. he makes money out of this. he makes money. he charges you to do that. unbelievable. >> thought tough mudder was a fish? ♪

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you're driving along, having a perfectly nice day, when out of nowhere a pick-up truck slams into your brand new car. one second it wasn't there and the next second... boom! you've had your first accident. now you have to make your first claim. so you talk to your insurance company and... boom!

you're blindsided for a second time. they won't give you enough money to replace your brand new car. don't those people know you're already shaken up? liberty mutual's new car replacement will pay for the entire value of your car plus depreciation. call and for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch to liberty mutual insurance and you could save up to $423 dollars. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. stuart: would you pay way more than 100 bucks to compete in a race that makes you jump through fire and get tear gassed amongst other challenges?

will dean is the ceo of tough mudder races. and he is making a lot of money off some crazy thrill-seekers. he is with me right here in new york and he is british. he went to harvard and lived here for eight years. is all that correct? >> correct. stuart: how much do you charge people to get into one of these event? >> so really depend when you sign up. we have 60 of them all around the world. stuart: average price. >> nine months in advance, 80 bucks. just before could be 200 bucks. roughly 150 bucks. stuart: you run this all over the world? >> run in eight countries. launched in mexico which is our agent market. stuart: you're a genius. you turned foot races or challenges whatever you want to call it, steeplechase, you turned that into entrepreneurial business where you make serious money. that is pretty good. >> we have a lot of fun doing it. i believed when getting my mba i and others out there wanted to do something a team work challenge. about testing yourself physically and mentally all in

one place. that was the idea. my harvard business school professor said i was stupid. i persevered. now we have two million people do our events. stuart: two million people? >> yep. stuart: paying average over $100 each. i'm doing the math. you made a ton of money. >> we had a lot of fun doing it. we built a big company. have very loyal brand. we have 500,000 people with tough mudder shirts on them. stuart: making money is lot of fun. >> we're both english and we need to feel to apologize. stuart: i'm thoroughly american. what about liability, if somebody gets hurt? >> one of the great things about our event most dangerous drive doing it is to the event. stuart: no, no you have to have liability insurance. >> we have liability insurance of the because the event is very safe, doesn't cost us that much money. stuart: i want to see footage of challenges you put people through because you have a new challenge. >> 2015 we have new set of obstacles. out with the old obstacles last four years.

completely new set coming in this year. we have b-roll to show you some of the new obstacles cycles we have. updated versions of our 10 obstacles and 10 new ones. stuart: do you have one crawling through tear gas at some point. >> one of them is involved crawling through tear gas that's correct. it is suppose the to be fun and intimidating. stuart: what is the name of the company? >> tough mudder. stuart: is the name of the company. >> that's correct. stuart: if i offered you $100 million cash for full control and ownership of tough mudder tomorrow morning would you take it? >> not a chance. stuart: why not. >> we're just getting started international. stuart: stuart: $100 million for someone fresh off the boat you wouldn't take it? >> i have been here eight years. stuart: they're in my ear we've got to go. you wouldn't take $100 million. great idea, will dean. >> thank you very much. stuart: europe morally and spiritually bankrupt. and they're weak in the fight against isis. could the big unity march be a

turning point? general mcinerney, top of the hour on that subject. you stay up. you listen. you laugh. you worry. you do whatever it takes to take care of your family. and when it's time to plan for your family's future we're here for you. we're legalzoom, and for over 10 years we've helped families just like yours with wills, living trusts and more. visit us today for legal help you can count on. legalzoom. legal help is here.

stuart: born and raised in europe. i left. that was the right to solution. they are morally and spiritually bankrupt. isis and al qaeda stood there shocked troops to wreak havoc on european societies. what happened to the coalition. europeans have ran down their forces to the point where they can barely defend themselves.

they have lost the will to fight for their freedom. maybe they have reached a turning point. perhaps they will stand and fight. rebuild their military power. maybe we will change our course as well. maybe we will reach for our vitality and celebrate our individual freedom and liberty. i live in hope. ♪ stuart: before week. to this bad news european story it is a rally. not bad. lifetime highs.

they would be at united health, disney and walmart. the big story today is the price of oil. pounds back to 45.56. the national average for a gallon of regular is down again. $2.11. dropped $1.20 a gallon. this is our interest rate barometer. they yield is now 1.93%. very well. earlier today it spiked down. back a little. european leaders rallying. are they doing enough to take the fight to the terrorist on their own turf?

>> the idea that these guys can perform a terror attack like that, it would get you nothing. barack obama, before the rest of these guys have the guts. that is leadership. stuart: there you have it. former air force lieutenant general joins us now. he is right. the europeans do not have the means to fight and project power. >> absolutely, stuart. you laid out the reasons why. they have huge health care programs. stuart: do you think that there is any chance for a turnaround for the europeans? >> i am hopeful.

i really think that it will be extremely difficult. stuart: i seem to remember that the germans could not or would not fight at night. that is how we strict if they were in their military options. >> as you pointed out it will not get better overnight. will they open up their eyes? will they do the things that they need to do? i think they have to do four things in order to win this. it is radical islam. it is not violent extremism. we need to form a grand coalition. it is crucial to have a grand coalition. we need a combination of western and arab states in that

coalition. they must destroy the ideology that the radical islamists are using. they would issue that anyone that that tax the west is an on holy warrior. you do not have the suicide bombers and those people doing what they are doing. the united states must lead and right now we are not leading the way we ought to be. stuart: the white house admits we should have had a higher profile at that. >> i do not take american leadership in the world is defined by anyone march. stuart: what do you think american leadership should be,

general? >> we should have been at that march with 1 million people in 40 plus world leaders there. it should have been only president obama. no one else. no surrogates. show that he is leading this. stuart: why does the president show such ambivalent about getting out there and pounding the table about free speech? the western way of life. why is he ambivalent about putting that out there with some passion? >> i do not have the answer. that is the right question. why is he not leading? he is the commander in chief. we have never been successful in europe through two great wars unless the united states is

playing a leadership role. it will not change, as both you and i know, stuart. stuart: thank you. come back again soon. gop members calling for a gas tax increase. say it ain't so, senator. proposing a gas tax increase. >> stuart it you did not put that up the way it should be. nothing as off the table. we have to do something about a transportation bill. prior to eight years ago when i used to chair. you and others should sometimes look at that old document that

no one cares about anymore called the constitution. we should be doing two things. the finding of erica and roads and bridges. that is what we need to be doing. a user fee should not be talked about. look at the program. that is all on user fees. the intercoastal waterway. that is the conservative position to take. stuart: our viewers are incensed at the idea of the government making gas more expensive by whatever means. they do not want this party to and. we have the best stimulus program in years. there is some dismay that any republican would even talk about

a tax increase. >> we did not talk about specifically a lot of options we need to have programs. that user fee is a very popular one. look i have been ranked the most conservative member more than anyone else has. i do not think that that should be used in that way. we have a real crisis. the constitution says we have to be doing that. if we had just the money that this president is spending on global warming $120 billion in five years.

all of that is being deferred over to his projects. an environmental extremists. stuart: $120 billion will be spent. >> has been spent. what the cost to us is from these regulations. >> we will get after these things. $6 billion. that is every year.

the water regulations. right now, people who watch your program, a lot of them are business people, manufacturing things like that. being punished more than any other group. they would tell you that that water of the united states regulation coming out of that epa, it is more significant than anything in the agricultural bill. the price tag. it has always been between three and $400 billion a year. stuart: thank you very much for being with us.

the white house loves to trumpet the growing economy. how come only 65 out of 3000 counties seen in red on this map have truly bounced back from the recession? only 65 of them have come back fully from the crash. of course, economic output of these counties. small counties in energy producing states. that is what i found so interesting. when you look at the economic output, that is where they came out with their passive

recession. stuart: the counties association . >> national association of counties. i looked at it last year. what i found so interesting about this, we had unemployment before the banking crisis. it was 5% back then. 5.6% now. why do you only have 65 counties recovering across the country? why? stuart: energy has led the way for the entire recovery. >> you are absolutely right. if you look again, they are is your story.

we had a jobs report last friday. there are plenty of jobs being created, but they are bad paint jobs. stuart: cheryl, stayed there please. after the break father jonathan morris on christianity under attack. he is next. ♪

stuart: take a look at go pro. down she goes. apple has been granted a patent for a go pro like camera system. look at them go. apple, google, amazon, netflix. first time since the republicans

took control of the new congress. anything getting hammered out of this meeting? this is something that we like to call a box checking. both democrats and republicans have been talking. a little bit more difficult. an area where we do expect congress and the white house to be on the same page. these are two parties. the funding runs out next month. the white house is threatening to veto that. the white house is threatening to veto a bill. they are still at odds. there is some hope.

some discussion, perhaps, on some things they can move forward. stuart: dream on. >> a little bit. stuart: maybe there will be some compromise here and there. i do not think that this fundamental change is coming in this new congress. thank you very much, indeed. very strong words from the reverend billy graham's son. christianity is under constant siege from the halls of government and education which seek to suppress any public expression of faith. joining us now is jonathan morris. i think christianity is under severe attack. i think it is government and atheists within the united states.

>> i would say certainly not all atheists. a small percentage of atheists. it is well organized atheists that have organized greatly our educational systems. they have done it by litigating. taking pound and individual organizations, even churches to court feared they have also done it by a confusion of proper separation of church and state. they suggest that real separation of church and state that is about the racing the name from society. it is ran by a tiny, tiny group of people. stuart: all of these lawsuits all over the country. >> did for them.

they live in a country to fight for what they believe in. the rest of us that do not believe that their understanding of church and state separation, we need to fight harder. there are some great organizations. you know what, we have always, in this great american experiment we have seen religion. the expression of religion is a very powerful thing for our country. stuart: they are sexual -- secular humanists. not a convert of christianity. i have been there all along. >> the emptying and selling of

churches in europe. cardinal doland responded to that. if we allow ourselves to go down that path guess what, we are going to have a soloist country. stuart: that is what they are. you cannot say that. >> i do not even think that type of environment and that type of société is good for the economy. when there is no sense of purpose in life, it is hard to get something done. stuart: go after the pope. >> i would be happy to. he is coming to the united states of america. september. i hope to get close. >> isn't it true that path all

is him is growing? >> pope francis is in sri lanka. stuart: you are talking up your book. baking a big headway in latin america. time is up. [laughter] stuart: thank you, father. rob konrad falls off his boat off the coast of florida. he swims 16 hours to reach the shore. what a story of survival. first, trivia for you. the best selling author of all time. hint hint, it is no longer the king. ♪

♪ stuart: the music gives it away. we asked you before the break if you could answer oak question.

garth brooks. congratulations to janet crawford for being the first person to answer it correctly. mario karcher romo sat down with jamie dimon. roll some tape. >> i am doing fine. i actually never stop working. i had thorough cancer, for those that do not know. it was a tough thing to go through. on december 4, i got radiation and chemo. a clean bill of health. it is a very good sign. i do not wish that on anybody. i am glad it is over. stuart: rob konrad swam 16 hours to survive after falling off his

fishing boat. >> i have been a poster my whole life. i should not be here. sixteen hours in the water. i think i ended up traveling 27 miles. after some time, i just said look, i am not dying tonight. i will make it to shore. i followed the sun. by the time night came, i could see it the lights on the shore. stuart: 27 miles. he rang the doorbell on an oceanfront home looking for help. suing palm beach county. cheryl casone.

cheryl: [laughter] this is not the first time he has filed a lawsuit with the same premise. it is a beautiful historic florida home. they say it is payback. they also say that it is ruining the home. the structure is damaged right now. he says that the airport director is directing all do flight east. he was upset about that as well. $100 million, by the way. he has multiple issues. there is a golf resort down there. he got in an argument with the county down there. he refiled it again last week.

stuart: a good story. apple is putting out its new hub of venue. it is healthy food. a smarter option. thirty-seven applebee's. he is up after the break. ♪

stuart: let's check the big board. 130 points higher. check the price of oil you will, please. we are close to a six year low for oil. that helps the market in my pocket book. 1.9% historically. that is a very low rate of return. look at google please. they dropped all the way back to 500. they are up about $9 today. come on in michael robinson from san francisco. >> excellent buy at this level. there is no way really to time

this. the market is overreacting to concerns over what would happen with google. there are a lot of things this company has going on right now. moving into wearables. connect a car with android auto. youtube is a dominant web destination for online video. this is an excellent company. stuart: tell me about apple. apple is a narrow were based company. a hardware company. that is what it is. does it have the same potential as google? >> yes, it does. we talked some time ago about apple versus samsung. this is another thing.

the market is not priced into apple stock. it looked like they increased downloads in 2014. a $15 billion run right here. that is enormous. this is a very fat margin business for them. a lot of potential with the watch and mobile payments. stuart: are you willing to admit you made a mistake with sandisk? >> no. i think that this is a goodbye. not yet. we talked about this in the past. the market has a tendency to overreact. sandisk is moving heavily into what is called flat data centers.

the reason why that is important is everything is moving to the cloud. sandisk wants to take its expertise and put it into the data centers. it lowers the cost of corporations. they have apple and facebook as enterprise clients. they are aligned with hp. the dominant flash memory maker for all consumer electronics across the board. right now, they are getting hurt. samsung is just not executing. stuart: michael, you sound a little defensive. we will let you off with that. column and see us again soon. it looks like applebee's is jumping on the healthy bandwagon. introducing its new pup diet

menu. here is one of their commercials. ♪ >> calories low and the bill even lower. just $9.99. the pub diet. only at applebee's. stuart: the ceo is with us. he owns 37 applebee's. you are not -- >> sure i am. absolutely. stuart: you are serious here? you think this is a good thing? >> i think it is great. we are not jumping on the bandwagon, we are leading it. ten years ago, we did a deal with weight watchers. if you were in a weight watchers

program, you can go eat at an applebee's with all its fascinating terrible food and order dishes off a weight watchers menu. stuart: seriously, by your action, you are saying that healthy food is the way to go. the young generation, that is what they demand. >> absolutely. feeding into the malay meal movement. you were talking about tack a moment ago. stuart: they run our world. >> builders, the young get old and the old dive. >> the millennial generation watch their parents develop diabetes and cancer and high blood pressure. they do not want to look and

feel like their parents. >> a general awareness. what healthy is. it is not a matter of how long you live here and it is how well you live. stuart: new food at applebee's is going to bring in the customers. >> eikenberry business with good policy. i said we were with weight watchers probably about 10 years ago. you were vacationing in

australia when i was here with david asman talking about steak shack. stuart: i gained 6 pounds on australian food. >> add a skinny margarita, by the way. >> there is not necessarily a conflict. stuart: the military twitter feed hacked. a sure thing but i'm a bit skeptical of sure things. why's that? look what daddy's got... ahhhhhhhhhh!!!!! growth you can count on

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copper. some of the material stocks are lower as a result. look at -- now down 7%. material stocks also down as a result. much more "varney & company" straight ahead. ♪

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stuart: i want to. to the cyber attack. youtube and twitter accounts were both hit. david kennedy is here. he is one of the good guys hackers. when i first heard about this attack i thought that was a very, very big deal. it is not, is it? >> nothing like that at all. getting into the social media sites. we have seen this in the past. president obama was severely injured in an explosion in the white house which caused a dip in the stock market. stuart: it does not imply that they have real technical

expertise. >> they are actively seeking it. ices realizes that it is a huge group group met tool. it allows them to get a younger generation. you should definitely keep an eye on it. stuart: basically, it was a propaganda. >> absolutely. it actually looked like it was public information that dated from 2012. it does not look like they actually hacked any specific accounts themselves. could you do it? could you hack into it just like that? >> it depends on how you have is that out. it allows you -- let me just say

i have your password. it requires a second factor. if you have things like that set up, it would be much more difficult for me. stuart: but you could still do it. [laughter] stuart: if you wanted to, could you hack into the pentagon's system? >> they are really low when it comes to the amount of security that they have. the classified networks are separate. they are riddled with flaws and everything else. could you do it? >> no.

i would have to go after a specific government facility. stuart: do you think that you could do it bush or mark. >> it would be challenging. i do not like getting shot at. white house hacker. one of the good guys. david, thank you very much for joining us. we appreciate it. 432 park avenue. we want to explore it. ♪ in jellyfish impact life expectancy in the u.s., real estate in hong kong and the optics industry in germany? at t. rowe price we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.

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insurance in a whole new light. liberty mutual insurance. stuart: tried this for breaking news. brooklyn nets owner is putting his team for sale. he moved the team from new jersey and to brooklyn. now he is selling. do not know how much this guy bought the nets for. we are trying to find out. take a look at these photos of the plan for 432 park avenue. it is not complete. cheryl casone. she has more on this.

cheryl: it is a hot property. there was rumored to be a $95 million sale that is pending as well. stuart: all residential. superluxury. >> the average apartments, 3500-8200 square feet. that is a basic apartment. 104 condos. we just have not been able to go yet, fox business hasn't, because of safety concerns. if you took the spear off the world trade center and empire state building, it would surpass both of those in height. that report is critical. it was just gaudy.

stuart: the story is you can build a single building in new york city. make it all residential. make it super luxurious and people will buy. cheryl: yes. it will be mostly international buyers. they knew that. now, things have changed a little bit globally. these are just now getting onto the market. people will start to move in later this year. stuart: we do not object to foreigners coming in here with a lot of money, do we? >> they will have a lot of beautiful empty apartments. stuart: we have the money. what is wrong with that?

hold on a second. the nets were bought. $200 million buying his 80% share of the nets. now they are up for sale. the clippers went to $2 billion. he could make some serious money. more varney after this. ♪ startup-ny. it's working for new york state. already 55 companies are investing over $98 million dollars and creating over 2100 jobs. from long island to all across upstate new york, more businesses are coming to new york. they are paying no property taxes no corporate taxes no sales taxes. and with over 300 locations, and 3.7 million square feet available,

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on all the possibilities of today. and stay ready for everything that is still to come. stuart: if i offered you $100 million cash tomorrow morning, would you take it? >> not a chance. i have been here eight years now. stuart: my daughter, making her

first tv appearance at 10:00 o'clock eastern tonight. hotel showdown. my daughter, jill on tv tonight at 10:00 o'clock eastern get the travel channel. you have to watch. >> data protection. we will be speaking with the top investor of financial services. facebook knows you better than you think. guessing your preferences better than your friends and family. a multibillion-dollar business. spending about 12 billion a year on its own cyber