e you tomorrow on "the opening bell". time for "varney and company". have a great show. stuart: does president obama understand the political risk he is running? does he understand the security risk we all face? of the president talks to of friendly online audience and says the media is playing up terror because it is a sexy story and says the world is getting less violent more peaceful. do you agree with that? a four star general will be right here. hints of a compromise on greek-have we seen this before? here is our bottom line. europe will never return to prosperity until austerity applies to government. one morehead line. his last news conference brian williams's rating fell off a cliff, young people turning off in droves. "varney and company" is about to

begin. ♪ stuart: right out of the box let me show you what is going on we are up 25 points. greece is very much in the news, very much the news background to the wall street still weak, there is talk, just talk that they may get a 6 month extension of the current bailout program. cheryl casone is with me. if this is accurate, there's a 6 month delay wearing everything stays in place who came? the leftist government or the german creditors? >> the leftist government of greece. you see it behind the scenes in the channeling that is going on there are meeting this kind the scenes and the greeks are saying to get elected, radical statements knowing managing of government and running for

government are two things. that is when you know it will be the greeks that will back out. when he was campaigning he said we are going to leave the euro zone, the majority of greeks want to stay within the euro zone and keep the euro as their currency. the greeks have to back down. stuart: the top of the show i said same old same old. here we go all over again. greece in the news, will play a common won't they pay, will they stay will they leave, the endless question. in my opinion, this is pure opinion, as a state. they will be bailed out forever along with a lot of other european countries. and never return to prosperity. stuart: don't you think the euro zone would be better without greece? >> in this end they will be back with the draw,. very ugly, you could devalue the

devil out of it. >> a lot of this is rhetoric. comments about world war ii we need to get rid of the germans because of world war ii, it is just a lot of talk. stuart: same old sedate old, the greeks cave. "imus in the morning" when you have a whole hour. the parents of the american woman held i isis. the family has confirmed her death. she has been held since august of 2013 isis claims she was killed in jordanian air strikes last week. those claims have not been confirmed. president obama says the media is keeping the terror threat. listen to this. >> sometimes overstates the alarm people should have about terrorism and this chaos as

opposed to longer-term climate change and epidemics? >> absolutely. i don't blame the media for that. what is the famous saying? completed the. stuart: former vice chief of staff, jack keene. it is very good have you with us. are we in the media overplaying but terror story, the terror threat? >> absolutely not. the harsh reality is radical islam has morphed into a global jihad and it exists in western and northern africa throughout the middle east and in southern asia and every single year of the president's administration it has been expanding to the point that it has expanded fourfold and one of the means of

conducting jihad is terror and they are killing systematically innocent people in this rain of terror that is going on and why would the media not report something like that? how could it ever be ignored? stuart: what has a lot of people anxious is the apparent split within the administration between the military guys and the politicos in the white house. there is that split in the -- doesn't appear to be a military idea of how to combat isis. is there really that kind of profound split in this administration? >> i do think there is tremendous tension between the obama administration, white house and pentagon and senior leaders of the military and is fairly obvious in looking at the facts. we are on the fourth secretary of defense in this administration. that is quite unprecedented and

the others, what they were expected to leave on their own accord. and both have been critical of this administration while the president is still in office. that is something that is unprecedented so there is profound disagreement. is an ideological one. the president clearly after iraq and afghanistan does not want to be involved in any conflict in the middle east, doing everything he can disengage from a despite the fact the radical islamists are spreading their hand over the middle east and that has created tension between a department that is facing the military department is facing the harsh facts on the ground out there and full white house itself. stuart: i just feel a real sense in america, a real serious anxiety because the president appears to be risking our

security by downplaying the terror threat. that is the risk to all of our security and he is running a political risk. if something happens in the next two years in america, the president's position is not tenable. >> i am not suggesting, i don't want viewers to come to the conclusion the pentagon, a senior military, believe all the solutions to our problems with radical islam is military. they would be the last ones to make that point, they believe we need a comprehensive strategy where sharing training and technology and intelligence with our partners in the region is the centerpiece of that. not the u.s. troops are involved in stopping radical islam wherever it exists but go back to your point, i totally agree with the premise you just made if you ignore these artifacts out there the way the world is, and there's a narrative against

that and you try to minimize it. it is not only delusional, it is irresponsible because you are in fact endangering the security of america and our allies in the region and that is where we are right now today. stuart: general jack keene, thank you for appearing with us today, we do appreciate it. breaking news, newsweek's twitter account appears to have been hacked. the profile images have been changed to read cyber caliphate and features the words jesuis is isis isis. they opposed to personal information of what looks like some government workers possibly in the defense department. no word on the authenticity of those documents. twitter shut down in the account. now is back and all those tweets have been deleted. let's go back to the market. a couple big-name stocks to tell you about. apple another all-time high was

above 121 earlier now is 120. remember it was 106? that was just a few weeks ago. a lot of people on the program said get out and buy it at 106? did you? 120 right now. coca-cola higher profits, north american sales rise. stock price is up 3%. general motors, there is a surprise up the task force that restructured in 2009 wants to join the board of directors and give or have gm buy back stock. that is good for 2.3% gain. more importantly look at the price of oil, wait down today, down 3% to $50 per barrel. the price of gas is down another penny, we have gone up 14, 15 straight days, 218 the national average for regular gasoline in

america. come on in from san diego. you say gasoline is soon going to resume its downward track. give me your argument. we are not technical people, if you use jargon i will give you the buzzer. you tell me the gap is coming down soon. >> markets work. my suspicion is lower crude prices crude being the most important component of gasoline prices will drive gasoline prices lower in the near-term. the second thing is this vaunted recovery doesn't seem to be a recovery that includes much in the way of demand. if you look across the commodity spectrum crude-oil price is lower copper prices lower, markets work, there's a lot of supply, not as much demand. prices go lower. stuart: what do you say to the city reports oil is dropped $20 a barrel, to watch the market

out. $20 a barrel is an extreme low. what do you make of it. >> people tend to extrapolate trends in motion to in finnerty and i don't believe the price of oil needs to go to 20 to watch out alike could see it go lower than it is now. i have been in this business long enough to make that kind of prediction. certainly over time the price of oil has to go higher in the absence of real demand destruction because the industry on a global basis doesn't turn cost of capital at $50. stuart: i want to go back to your original point that gas prices have a way to go down because that is the most important financial story in the united states and has been the last four or five months because that is the biggest shot in the arm to the average person we have seen in many years. if we are now $2.18 a gallon i will pin you down. how low are we going to go the

national average? >> of politicians stay out of the way and don't raise the gasoline tax that is important consideration. federal state and local level will go below $2. stuart: will you repeat that? i have 20 seconds left in this interview. national average will go below $2 a gallon. repeat it. >> the national average will go below $2 a gallon if politicians stay out of the way. stuart: and they will. i don't think there's any way up politician can get reelected if he sticks with the gas tax. you don't use any jargon. you will come back on this program. it was a pleasure. other big headlines to tell you about this morning. i don't do that anymore. lauren simonetti with an american accent. >> one day i will show you my british accent. the disgraced international monetary fund chief domenique strauss-kahn told a french court

he was unaware of the women who participated in sex parties at luxury hotels in paris and washington d.c. was unaware they were prostitutes. domenique strauss-kahn and 13 others were accused of aggravated pimping ranging orgies basically. he denies the allegations but if convicted he could face up to ten years in jail and millions in fines. from the moon to earth, 20 -- 20 items neil on strong to back from him from his land on the moon 45 years ago showed up in this white purse. his widow found them in the closet. among the artifacts the movie camera that recorded the eagle landed and the planting of the american flag on the moon's surface. also cable and knitting. the curse is on loan at the national air and space museum. tomorrow could be your lucky day but the power ball jackpot slowing to $415 million but before you quit your job your chances of winning the one caught 1 in 175 million but

there's a chance. stuart: before you go, when you were doing the story about d s k, we were running video on the side of view of a young half naked lady chasing the car. >> that was one of the protesters. they had words written on their backs and they were not topless. stuart: i wanted to make you aware of that. >> thank you for pointing out. it must've been a powerful image. i didn't know. stuart: our viewers got to see it again. thank you very much indeed. another sign of the obama economy 90% of people are still stressed about money. full report coming up after this. ♪

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stuart: that is 4.3%. they are both winners. imported better holiday sales. it is not reporting rally. it is from the american psychological association. 90% of this a our level of stress over money has remained the same or gotten worse 90%. hy that in with the middle-class squeeze. this is not a thriving economy the way president obama describes it. look at these numbers from pure research. middle-income households made up 51% of the population, 2013. it was 60% in 1970. in the same time frame the share of the country that qualifies as

lower income was last grown 29% now, up from 25% in 1970. let's bring in steve seybold, author of how rich people think. i want to go back to that 90% say they are stressed about the same level now or worse about money, 90%. doesn't everybody always stress about money? >> most people do. is probably getting worse over time. the entire global economy is changing and i don't think we are changing with it. we need to start teaching kids in school how to create value in a free-market economy. stuart: are you saying we have to get used to this, that middle america is shrinking, pour america is growing and the rich -- do we just have to get used to this? >> absolutely. with globalization, technology,

the high cost of higher education going through the roof, this is the new norm and we have to shift the way we teach people how to function. stuart: you don't put any blame on president obama and i am not putting blame on him but maybe obamanomics is a factor but using technology, globalization, cost of higher education is more important than president obama's no growth policies? >> i don't blame him. i think he is delusional but no disrespect to the president of the united states but he is delusional about this. i don't think that is the issue. the middle class is going to continue to shrink because of globalization, technology, higher cost of education and we got to prepare for this being the new normal going forward. stuart: let's take a look at the top 1%. we always hear that they are the bad guys, we have to tax some more take it from them and give it to everyone else and that is how we get prosperity. i don't think the real problem

is with the 1%. the people who are really racing away with the big bucks, that is 0.01%. the guys who are making a ton of money literally billions from new technology start-ups, that is the group that is racing away from everybody else. you are in the top 1% it you make $500,000 a year. not exactly rich if you are in new york city or california. >> completely right. you are paying half of it in taxes so you are absolutely right but i don't think -- the rich cannot save the middle class. it won't work. is not feasible economically or work mathematically. what we have got to do is expand middle-class by teaching the middle-class how to create value for value value for money or how to create value in the marketplace so they can be more prosperous.

stuart: you are talking about going back to what used to be called middle-class virtues. you go through school save your money, you mary, you have children, you buy a house probably in that quarter, never spend all of your income, always save some of your income. you are talking about a return to middle-class values. >> to some degree you are right absolutely but with the one exception of teaching them how to create value to start a business, maybe it is a part-time business, maybe it is within the context of their job where you go to their boss and say how can i i create more value for you saw el i can they compensated at a higher value. these are the moves we have to start to make instead of blaming of the wealthy. stuart: you wrote the book we appreciate you being with us see you again soon. housing recovery is that a racial ethnic story or is it an

income story. we will bring you both sides in a moment. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables

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stuart: we've got some big retail names hitting i new highs, starbucks hasbro, home depot, elle brands bath and body works as well. all of them are are up, new highs there. the housing crisis well, that hit everybody pretty hard. some more than others. cheryl's here with new numbers on how the values of homes in some communities have fallen behind and others have gotten ahead. break it down. >> first time that zillow has done this type of study, they wanted to see where we stood in where we stood in this country when it came to minorities and home ownership. let's look at the values, there's the story. housing recovery from the peak till now. asian communities, that demographic group up 9%. right down 8%, but hispanics down 24%. from the peak to now, home values for each of these minority groups stands. as of now versus 2007. stuart: is that because blacks

and hispanics were discriminated against? >> predatory lending was one of stuart: or is it something to do with the income levels in those communities? >> part of it is income, part of it is geography. okay let's explain what's happened in asian communities, there's a huge asian population living in northern california. well, that's one of the hottest housing markets in the country right now. southern california you have a large amount of hispanic population, that's where the housing crisis hit many of them the hardest. also this is based on conventional loans okay? more blacks and hispanics -- can mostly hispanics -- get denied for conventional loans. they have much better luck with fha-backed loans, it's because it is because of income. minority groups make 20% less in geography and finally, you have to look at loan loans being denied. and it still is a problem. but, yes to your point about predatory lending, we did several stories on that back in 2008, you and i both did it, and

it was the real thing, but you really can't blame at this point the banks for the disparity we're seeing between different minorities and that's who we banks. that is to we blamed in 2007. stuart: the obama administration is now setting up a this. cybersecurity agency. it is a question for the judge. does this mean we will have even less privacy? good question especially for the judge. jeff flock. this is great television. don't read his lips. here it is. >> if you hurtled down at speeds of 40 miles an hour, and you'd do it without a whole lot of training the idea is to develop the sport, dump the water don't want to do that but a big fellow at the end. crackers.

stuart: look at the big board. 60 points up. greece may get an extension on its current bailout program. we repeat, may. we're going to call that breathing room. investors like it. it's a factor in the modest rally today. look at coca-cola, big winner. higher profits in america the stock is up three and a quarter percent. then we've got citigroup. it says oil may drop to $20 a

barrel? right now it's at 50.t 3. that's from citigroup, okay? 20? let's see. gas prices up another penny 2.18, 15 straight days gas has now gone up, but we're still well below a dollar where we were this time last year. the ten-year treasury yield touched 2% today, first time in a month, helped by those reports of a possible deal between greece and its largely german creditors. then we have president obama. he says he is finally establishing a new government agency to protect us from cyber crime. could also give the government more access to whatever we do online. guess who's here to deal with that? judge andrew napolitano. everybody wants to be protected from hackers but are we going to give up some more of our liberties, some more of our privacy if the government sets up this agency to check us all out? >> well, it depends on how fearful we are, because people when afraid -- particularly when

there's mass hysteria like in the months after 9/11 -- tend to want government to wrap its arms around them and to give up their privacy and other liberties. but that -- stuart: that is understandable isn't it? >> yes, it is. of it's part of human nature. i resist it, and some of us do but i'm in the minority there. it is understandable. it is normal, in my view so i'm abnormal -- [laughter] it is normal to opt towards safety in rough times rather than liberty. i argue one should take the long one, one should look at this from the long run and that when one gives up liberty in hard times -- right after 9/11 when we're all afraid to walk on the streets here -- can it does not come back many good times. i would also argue as a practical matter the government is least equipped to protect us from a cyber invasion. and that the people who manufacture these are far better equipped than the government. but the government will not let them do so.

the government will not let apple and microsoft and google and the people who make the hardware as well as the software create a device that the government can't get into. stuart: but this is the government creating an agency to repel probably foreign cyber attacks. from china, for example. >> correct. but, listen, i fear the chinese as well as anybody but i would bet my money more on apple and google and microsoft than -- to protect me from the chinese cyber threat than the government. stuart: but talking about the smartphone, what about a corporation's computer system? >> i believe -- stuart: or the pentagon's computer system? >> i believe that private technology -- the pentagon doesn't build its computer system, it buys it. i believe that the people who build these things have the ability to make them absolutely attack-proof. but in order to do that, they have to make them impervious to government intrusion. i also believe that any government agency big enough to protect us is big enough to

surveil us, and in the hands of the wrong people, could be anybody, we will have no privacy. stuart: i think you go too far judge, i do. in the age of nuclear terror the threat of nuclear terror -- and it's there we all know that -- that's cataclysmic. >> do you really trust the government? did the government protect sony from the invasions by north korea? a couple of months ago which had catastrophic effects for sony and other people involved? wouldn't you protect private industry, wouldn't you rely on private industry and private enterprise more than the government? stuart: i do not rely on private enterprise to protect me from a terror cell in the united states which is angling to place a bomb in -- >> well, now you're talking about something different. i thought we were talking about cybersecurity and whether or not the internet -- stuart: it's all connected. >> no. the internet cannot be protected by the government because the government will never permit a system that it can't zero into. stuart: i don't think this agency is talking about internet security. i think it's talking about

pentagon security. or the security from terrorists who may be operationing in our society. operationing in our society. >> wait a minute, wait a minute. the government already has 16 intelligence agencies intended to protects us from the type of threat you're talking about. as i understood what was proposed this morning, it was an internet threat that the government is trying to protect us against. the type of thing that sony was victimized by whether it was north korea -- stuart: would you not set this agency up? >> absolutely not. stuart: you would not? period? >> absolutely not. the government is incapable of protecting us from something without itself having access to our privacy. [laughter] did you think i was going to back down? stuart: no no no. [laughter] one of these days. [laughter] stay there please, judge, because i've got another issue here and i want you to comment on it. look at facebook's stock just for a moment. the company's debuting a new feature. it uses facial recognition

technology. it automatically identifies you in your photos or friends' photos posted on facebook. cheryl? you comfortable with that? >> no, i'm not. but i know how to work the privacy settings on my facebook account, and many people do not. we're talking more than a billion people around the world on facebook. and they always keep changing the privacy settings, so you don't know what to do -- stuart: let me just break in for a second. okay. somebody posts a picture of me. i don't have a facebook account but somebody posts a picture of me somewhere in the world and it's immediately identified oh, that's stuart varney and it's tagged. oh there's stuart varney -- >> you are on facebook which means your face is on facebook so, in theory, yes even though you don't have a personal account. and what the problem is, though is they banned this technology in europe. the europeans don't want this. it's allowed, though, in the united states. there's going to be a -- stuart: don't bring the europeans into this please, the pagan losers. [laughter] judge, your comment --

>> pagans again! [laughter] stuart: are you going to answer the question or not? >> what is the question? stuart: what do you think 06 facebook with a new feature that allows your picture to be tagged with your name? >> you were at a wild party, you were at a riot, you were at a rally. >> you know, if this is a public event, let's say i'm at yankee stadium and somebody takes a picture of 25,000 and they can identify my face in the crowd it's a public event. i have a problem with the government doing it, not with some privacy person doing it. the government doesn't restrain you or your gazillion facebook friends. stuart: are we donesome. >> we are. [laughter] stuart: we will see you tomorrow. >> i hope so. stuart: boston, oh, wait for it, record snowfall. six feet of it. more is on its way. you know, if you're not careful, we're going to take you there after the break. but, first, brian williams still off the air. even the huffington post turned on him. we've got that for you next.

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the s&p up 10, nasdaq composite up 35, the vixx pulling back. oil down $2.30. take a look at some of the dow lead e we've heard about coca-cola sales look at that up 3%. pfizer unitedhealth, nike among the other winners or and home depot hitting a new high today also announcing they are going to be hiring 80,000 workers for this spring's selling season. that's good news there right? and then urban outfitters reported better than expected holiday season sales and that is a winner, up 1.7%. and a new high for apple. topping above $121. you can see it right now, 121.14. more "varney & company" coming up.

at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables

is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. stuart: breaking news, the u.s. is shutting down its embassy in yemen due to security concerns. that just happening. look at netflix, please? jpmorgan cut its price pick on the stock, but it's still moving higher. look at cybersecurity stocks, they're all up. remember, earlier today "newsweek"'s twitter page was apparently hacked by a group calling itself isis cyber caliphate. all those cyber stocks, cybersecurity stocks popping on

that news. it's been a rough winter for boston. 76 inches of snow already fallen, more on the way. let's go to fox news' molly line live in boston. i want to see a lot of snow, molly, because i know it's there. [laughter] >> reporter: this wish i can grant, stuart. take a look, this is one of the snow farms here in the city of boston, this massive pile. we're about four stories high on eye level with the top of this thing. you can see it's as tall as the telephone poles. this is just one of the many piles all around the city. a lot of folks have giant piles in their front yards kind of mini snow farms. we've been watching a steady stream of trucks all day long dump off their load, and then we see the other equipment being used to move it off and we've got a snow melter here. this is one of the strategies the city is taking to get rid of the snow. they're dumping it into the snow melter and it, you know becomes liquid and heads off into the system. but there are a number of communities, particularly north of boston as well, that are also dumping things into the

waterways, getting rid of it that way. save hem lowell. boston does not want to do that. they want to try to avoid dumping anything into the harbor because of all the gunk that is in the snow. also today the ntba shut down, the rail systems train systems, a lot of folks deciding to stay home, heed what the governor and the mayor have asked them to do which is to stay inside. stuart? stuart: i understand that you've been extended in boston until the end of winter on march the 21st. is there any truth to that rumor, molly? >> reporter: you mean as far as school is concerned? we're getting another -- stuart: no. >> gotta get back to school. [laughter] finish -- here in the garage? this is new. that is not happening. [laughter] stuart: just kidding. molly line everyone deep in the snow. thank you. now this nbc's brian williams temporarily removed himself from the network's nightly broadcast because of those revelations he made false

statements about iraq in 2003. that has not stopped the internet from making a lot of fun of him. even the huffington post jumped on the bandwagon. look at this. >> four birds in the middle of the desert, and we were north out ahead of the other americans. >> oh, my. >> weren't you afraid? >> no, ma'am. but they tied me in a big sack. ♪ ♪ >> you don't say? stuart: ooh. let's bring in bill hollow, co-founder of 15seconds.com. full disclosure bill, he left the cia, then he was a consultant for nbc news. okay, bill, a lot of people are saying that brian williams cannot survive, he's not coming back to the nightly news and you say what? >> first let me say that i did work for nbc briefly and that i know brian and like him, and so i feel very badly for the fix he's gotten himself into. but they're really in a bad fix. you know, at 15 seconds we tell our clients if you screw up badly, you've got one chance

one chance to make a good apology, and nbc didn't do it. what they said, you know, when you're accused of being misleading and self-serving to come out with a misleading and self-serving apology doesn't help at all. stuart: do you think his apology -- and he did make that apology on the air, a full statement of apology -- that didn't work, wasn't good enough didn't go far enough, didn't open up enough? what was wrong with it? >> well, a number of things. one thing that was wrong with it was that he implied, pretty much said that it was a one-time error, he was just trying to help out this one veteran and made a misstatement. but then when you go back and look at the videotapes he's made misstatements on a number of occasions going back a number of years. so that wasn't true. in the subsequent announcement they made on saturday where they announced he would not be on the air this week, they said he would be off the air for a few days and then he would return to my daily broadcast. making it sound like it was his that he owned the broadcast. the wrong message to send. if you're really having a fair

investigation, you don't put an end date to it before you start and you don't announce what you're going to do when you come back. so i think that was done badly. stuart: your company is a crisis management company that's what you do. now, if nbc comes to you and says look, brian williams is gone, how would you tell nbc to handle that news development, and how would they handle things going forward? >> well, i think if that were the case and we don't want to prejudge what they find but if that were the case they need to make the announcement carefully, they need to i think, put somebody in on an interim basis as they've done temporarily now, and then they need to find somebody who can restore the credibility of the news organization, put somebody in there who is not known to be a self-promoter, somebody who has perhaps has, in fact been under fire in a war zone and not exaggerated that story. but not put somebody in there who is good at self-promotion but perhaps is questionable as far as their accuracy.

stuart: yeah. it wouldn't be al sharpton. bill, thank you very much indeed, for joining me. i'm sorry, i couldn't resist. we appreciate it. >> thank you. stuart: cheryl what did the manager of the ritz carlton in new orleans at the time of katrina say about brian williams who was staying at that hotel? >> she came out and said that his accounts of the water levels around the hotel were false and there's no way that a body could have floated by. also that the fact that he said there was gang members throughout the hotel, that was incorrect. there was actually the new orleans police had set up a de facto hotel there's no way that gang members were floating around, it was a very secure hotel for the entire time he was there. and we should say that the main newspaper in new orleans also has -- stuart: yeah. >> disputed his story as well. stu suiter thanks very much. up next something president obama and i might agree on, what could it possibly be?

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what say you? >> reporter: those concession beers are really an exceptional value. [laughter] listen, here's how it works: local governments float bonds to investors to pay for public works projects. investors can earn profits on it tax-free, local governments argue sports stadiums serve the public and take out hundreds of millions of dollars in these tax-exempt bonds to help finance stadiums. one economist says team owners should pay for their own venues. >> there's a lot of really unseemly crony capitalism going on where you have these multi multi, multimillionaire owners with multi, multi, multimillionaire players, and they're saying well, if you don't build us a stadium we're going to move someplace else. >> reporter: local governments and team owners argue these buildings revitalize neighborhoods and increase business activity and therefore, they pay for themselves. stuart? stuart: i'm with president obama on this one. do away with that. billionaires can pay for the

stadiums themselves please. i think everybody's nodding their heads around this -- >> yeah. stuart: you too. hey, rich, good stuff. thanks very much. europe and the pagan losers. still in decline, lou dobbs and i will agree on this in a moment.

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stuart: my opinion on europe is very well known. i think the continent is in terminal decline. it's no longer following the judeo-christian ethic, it's no longer a capitalist economy. they're sinking into socialist lethargy. they're trying to deal with this with a policy of austerity. it's a cutback policy. unfortunately, it falls mainly on private enterprise. it's always the same over there. they love government. they don't trust business. look at greece. austerity there means a 26% sales tax. no wonder everything's expensive. and there is a 46% payroll tax. no wonder people do not get

hired. no wonder there is a massive underground cash economy. this isn't going to change. throughout europe the left wants more government spending like president obama. they think that redistribution creates prosperity and growth. what nonsense that is. does anyone really believe that if you punish one group take their money and give it to another group, that we're all going to get better off? [laughter] truth is, they know what they're doing. they know that redistribution does not bring prosperity, but they don't care. they're motivated by hostility and jealousy. margaret thatcher was so right when she said they don't care if the poor get poorer so long as the rich get poorer too. ♪ ♪ stuart: that'll tell 'em right? [laughter] thank you. here's a market snapshot at noon

eastern: the dow is up 73 points. coke, as in coca-cola, adding nine points to the dow. higher profits especially in north america, how about that? up 2.5%. look at apple, new all-time high. 131 right now -- 1221 right now. remember it was 106 a couple of weeks ago? some of the people on this program said get out and buy it. hope you did. nice gain. citigroup says oil may drop to $20 a barrel. it's down today at 50, down $2.29. hmm. gas prices up another penny overnight, 2.18, 15th straight day they've gone up, but we're still more than a dollar below where gas was this time last year. the ten-year treasury yield moved up today to the 2% level first time we've seen that in a month. the yield helped -- or i should say the price went up, i'm sorry, let me get this right. let me get this right. are you with me, dobbs?

>> i'm trying to follow along. [laughter] stuart: follow along here. the price went down so the yield went up. the price went down because of possible deal between greece and its creditors, you got t that? 1.99 on the ten-year yield. now let's get to my take on europe. in moral and financial decline and it will not accept real change. lou dobbs is with me and i know that he agrees 100% with everything identify just said -- i've just said. >> you make it so tempting. [laughter] i think you're exactly right, and it would be a good thing if this president this administration would take note of it. it would also be, i think, instructive for our financial system if our principal bankers, our money center banks were taking note of the same thing as well. stuart: they all want the left in america the left this europe, they all want an end to austerity. >> right. stuart: they want more government spending. that's what they want. put that money out there.

that's what they want but the devil goes to private enterprise. austerity's okay for private enterprise because we don't like capitalism. >> right. stuart: but it's not okay for government. we want that to expand. >> and i want to, if i may -- stuart: you're going to disagree with me? >> not at all. but i do want to compliment you for putting religion ahead of economics and politics which is something that again, the obama administration never would do. and i think it's important that people take note of that. we're watching a major, historic ship not only in europe, but certainly, in my view, throughout western civilization. stuart: that's the point. president obama wants to make us more like europe. despite the fact that europe is failing, he wants to make us more like them because he thinks it's more fair. and i contest that vigorously. >> fairness is an interesting word because it really has nothing to do with efficiency, fectiveness, productivity, growth or a broader and better standard of

living. in point of fact, it's quite the inverse. and history -- which this president eshoos at well, is clear -- as well is clear. the man doesn't know history. he wouldn't know which side of it he was on. stuart: has he won? has he brought america to the point where so many people get something from somebody else that you cannot reverse that trend? >> i think it's arguable that that is exactly where we are. you look at whether it be food stamps, whether it be broadly welfare, he has basically doubled the amount of dependency in this country since 2009. that's staggering because we were well on our way to being a, quote-unquote, quasisocialist state just given the entitlement programs of the great society that have now exploded with aging boomers leaving, you know, gainful employment and retiring. stuart: you're so harsh, dobbs. all you want is those rich people to get richer the

capitalistic to become more wealthy. >> i don't believe government should ever be permitted to confiscate from the people they govern. stuart: what do you think is an acceptable level of taxation? at the moment in americayou make good money $400,000 a year something like that, you're going to lose half of every extra dollar you make. 50%. you're going to get taken off especially in new york city, new york state massachusetts, connecticut, california. you lose half. what do you think is an acceptable level of taxation? >> well acceptable we know goes much higher than any of us would want to have to live with. but what do i think is a fair, a just, responsible and economically sensible level? i would guess somewhere in the neighborhood of 15% for those making below $100,000, $80-$100,000, below that number. above that rising to 25%.

i believe at the same time we should withdraw our social engineering programs that provide tax incentives, tax credits across the entire, the entire upper structure of that income level. stuart: give me one republican candidate who agrees with everything you've just said. [laughter] >> well, i'm proud to tell you that so far none of them, because i don't think any of these candidates right now are talking anything even close to sense. hillary clinton is certainly not on the democratic side. i think they need the time, if you will, as candidates to ripen a bit and find the courage to actually talk about the issues that matter. stuart: all right. lou dobbs, always good to see you. thank you very much indeed sir. appreciate it. all right the measles outbreak continues to grow. 121 people sick in 17 states, all but 18 of those cases can be linked to disneyland. and now there's a mumps outbreak in idaho. 21 confirmed cases in that state. another two people in washington state sick with the mumps. all those cases linked to an

outbreak at the university of idaho. joining us for the entire hour, yes, he's back, trial lawyer trial attorney -- i should say -- mark lanier. all right. let's get to it shall we? be supposing my child or one of my grandchildren goes to school, they've been vaccinated for the measle, they go to school. they're mixing with a child who has not been vaccinated and that child gets the measles and passes it to my child, okay? >> all right. stuart: who can i sue? >> not a person in the world. no lawsuits for that. i'm sorry stuart. i'm sorry. stuart: no no, no. >> i know you want the lawsuit, stuart but as your lawyer no, there's no lawsuit for that. stuart: why not? >> i mean, look -- stuart: i've suffered a tort. i have suffered a harm. wrong has been done to me by the action of somebody else. the negligence of somebody else. >> there's just not -- that's not negligence. there's no way you can sue some kid for giving your kid the

measles. you can't even sue the kid. now, you want to try and sue the parent for sending the kid to school with the measles? stuart: ah, yes. >> okay okay. number one, i don't know a jury of 12 people in america who would ever award you money for that. that's just part of the ups and downs of life. and what's the damage of getting the measles? so you get the measles. stuart: all right. you're a libertarian-kind guy, i think -- yeah, yeah. stuart: you're a free enterprise business guy. >> bigtime. stuart: okay. now, what would you say to a federal mandate, your kids must be vaccinated for measles, mumps and rubella mmr? you've got to do it, federal mandate? >> i've got the tell you -- to tell you, i'm against it. could they do it? absolutely, they have the power. but i think it's a wrong abuse of the power. we do live in an america where the government's expanding into everything, and they're starting to dictate how we treat our kids in ways that are beyond the scope of government's power. and there are some parents who have legitimate reasons they

don't want to vaccinate their kids. now, let schools mandate it. say if you want to come to this school you must be vaccinated. stuart: can you do that legally? >> absolutely. then the parents who want to home school their kids, fine they may choose not to vaccinate. the parents who want to put their kids into the measles runs rampant here school, they can do that. but let them make those decisions, not the federal government. stuart: i'm disappointed with the lack of a lawsuit there, mark -- >> we'll find someone else to sue before this hour is over. stuart: please do. have you ever sued apple? >> i don't sue apple. they're too important in my life. stuart: got one right there. pathetic. [laughter] do you remember that day when we went through all 30 of the dow stocks and we asked which of these have you sued and you'd sued just about every one of them? >> well, that was a good day for the lawyers. stuart: my producer tells me it was 23 of the 30 -- >> we've been working on the other seven. [laughter] stuart: well, nice to see you with me for the rest of the

hour. >> absolutely. stuart: gas prices have gone up 15 straight days. still down more than a dollar from where we were a year ago. but, look, sales of pickups and suvs wow, now they've gone up because of cheap gas. look at this, chevy tahoe sales up 88% in january over january of last year. cadillac escalade, 136%. lincoln navigator, 144%. gary fast low is with the fox car report, and he is here. americans want big cars and trucks, don't they? >> bigger is always better. it always will be for some people, no doubt about that. stuart: but that's america, isn't it, gary? you're a car guy. you know the american character. they want big, they want fast, they want powerful. and if they can get it with cheap gas, they'll take it, won't they? >> i think everybody wants it. i think we're the ones who aren't as embarrassed of it. over in europe suvs, they are

moving into the crossover size vehicles over there and in china very popular as well. it's more room on wheels. you get more for your money in a lot of cases, and people like that. and farce the gas prices are -- as far as the gas prices are concerned, people feel more comfortable buying these vehicles, and if they can afford to move up from the compact car to the compact suv they're going to do it. stuart: are you surprised the navigator and cadillac thing? that's huge. >> new models last year, but nevertheless, a lot of people thought these super-sized suvs were going to go away they're not at all. people love them, they're buying them in droves. it's amazing the sales -- stuart: if gas went back up to say, $3 a gallon would those sales just collapse? >> $3 a gallon's not going to hurt. you know you might forget $3 a gallon of gas, that's what we had back in november, and this has been -- stuart: true. all right, $4. do those sales collapse? >> at that point it's going to

get softer. but here's the thing, too, these trucks that we're talking about today and the crossovers and the cars as well they're 10 or 20 percent more fuel efficient than six years ago, so gas prices are not going to hurt as much as when gas was $4 a gallon. stuart: do you rate these suvs? >> i test drive everything i can. stuart: what's the best? >> the tahoe, the gm products look really good, the ford and the lincoln surprisingly good because they weren't as updated. the heavy -- chevy tahoe the escalade they're pretty much new this year. the lincoln the ford, they're just updates. stuart: you pick the gm vehicles? >> i like the ford better overall, it's a little bigger inside, but the gm products are very good, and they look fantastic. every time i see one of those silverados or tahoes i just love it. stuart: mark lanier lives in texas, is incredibly wealthy,

what do you drive? >> chevy suburban and tesla. i'm just waiting for the tesla pickup. >> total market right there. >> i've got it all covered. i've got to i'm a lawyer. [laughter] every american-made car. stuart: here's the lineup for the rest of the hour, here we go. the breaking bad spin spin-off, "better call saul." about an ambulance-chasing lawyer. [laughter] that's why mark lanier is here for the hour. we're going to play you a clip. and we're going to get mark's response. former welfare chief starr parker we'll get her take on president obama's entitlement nation. she -- i say she is losing the fight. i say the president's won on entitlements 12:35 for that. and social networking for kids, what makes it different from facebook? we have a 14-year-old creator of grum social. it's a social network for kids after the break.

stuart: what's a nice big, fat winning group today? cybersecurity stocks. that's the answer. they're moving higher after "newsweek"'s twitter page was apparently hacked by a group calling itself isis cyber caliphate. up they all go. at its high the only republican sec commissioner not a fan of president obama's plan to regulate the internet as a utility. pai tweeted out a picture of himself holding the president's 322-page plan for new regulations. he says the plan is a scheme to make billions off consumers. mark lanier, still here. what do you make of regulating the internet as a utility and chucking in a whole bunch of new taxes into the mix? >> it's a money grab and it's a stab into the heart of free enterprise. the internet's one of the few areas where we have free

enterprise thriving in america and, in fact, in parts of the world. and for the government to step in with this massive plan, a bill nobody's really read every word of, so that they can grab money from all of the -- even the mom and pop businesses. when my 14-year-old daughter sells a purse on the internet, they can grab a share of that in tax dollars that they're not getting otherwise. i'm offended by it. i'm not surprised -- stuart: that plan 323 pages of it, that's not going to pass congress. does it have to or can they just impose it as a government bureaucracy? >> they can impose as a government bureaucracy certain regulation plans. now, there's a process they have to go to. they have to publish those regulations ahead of time, give a chance for public comment. but the fcc has regulatory authority to do certain things. stuart: wouldn't it be more fair, mark, if we just evened everything out for the rich and the poor and everybody just evened out? >> no, no. communism and socialism's a failed economic system. we all know that.

anybody who reads history knows that. it makes no sense why our country walks down that path. stuart: you're back on the show. well done, young man. you can stay. we love stories like this on "varney & company." wait for it, here we go. 14-year-old zac marx. he created the web site, grum social. now, it is a social network, but it's geared specifically to youngsters aged, say 5-16. let's kid post picture write stories about themselves chat with friends all in a safe environment. it is a runaway success. the web site's already in talks with big retailers like walmart for advertising deals, and he's here. zac marx grum social founder. here he is. put him on camera, there he is. 14 jeers old. -- years old. what's the difference between facebook an established social network, and grum social? >> well, there's a big difference. facebook is great, and i don't want to put the message out that we don't like facebook.

i love facebook. we learned so much from them, and mark stucker burg's actually -- stucker burg's one of my idol cans. facebook's not for kids. we have 24/7 live monitoring on web site fors created by -- it's created by kids for kids. stuart: live monitoring to get rid of what? >> so we design these characters on the web site which you just showed what we drew when we first started it. and we have teachers and highly trained staff members chat with the kids because kids listen to other kids. they're not going to go to their dad, hey dad -- or their dad tells them to do something, they might not will be as well, but if it's -- might not listen as well. stuart: okay. how many kids on your social network? >> we have about 760,000 kids. stuart: how old is it? >> you mean the site? how long has it been around? stuart: yeah. >> two years now. stuart: 760,000 youngsters on it. >> yes. stuart: what's this talk about dealing with big retailers? >> it's amazing.

stuart: are they going to advertise on your network? >> i mean i'm not big on advertising, to be honest with you. i don't want to put pop-up banners on our web site -- >> so what are you doing with walmart? >> i'm not too sure. stuart: in the introduction i just said that you are in talks with big retailers. you're not? >> no. stuart: where'd we get that from producer? >> i'm not sure. [laughter] stuart: are you going to go public? >> yes we're planning on going public around july area yeah. stuart: of this year? >> this year, yeah. stuart: which investment banks are you talking with? >> to be honest with you, i don't really know -- my dad knows the answers to a lot of these questions. stuart: do you have visions of hundreds of millions of dollars pouring into your pocket? >> i mean -- stuart: yes. >> i mean -- [laughter] that would be amazing. but i don't know i mean if you have any questions about the creative side or anything, that's really what i focus on. more of the business side is more of my dad's specialty. stuart: okay. what's your projected number of kids on the social network

760,000 now -- >> right. stuart: i know you're obviously growing rapidly. >> yeah. stuart: when do you hit a million and five million and so on? >> so we're doing this whole thing with brazil this year, planning to get the whole country of brazil i'm actually speaking to schools. and in our demo, we're going down there in about march, and we're planning on getting a million members down there. over a three-year period, we're planning on getting about ten million kids on. stuart: and you're going public this july may be. >> yeah, definitely. stuart: zac marx, 14 years old. grum social, going public maybe this year. it was good to have you with us. >> yeah. thank you, mr. varney. stuart: you're going to be back. >> i hope so. stuart: i have a strong suspicion. thanks very much. >> yeah, thanks. stuart: all right. amc's breaking bad spin-off, it's called "better call saul. " record-breaking ratings for its debut. of it's a show about the shady

lawyer, saul goodman. what does mark lanier think about this? roll tape. >> you have meddled with the primal forces of nature mr. hamlin and i won't have it! >> do you want me to call security? >> it's okay, brenda we got it. 3rd and 3. 58 seconds on the clock, what am i thinking about? foreign markets. asian debt that recognizes the shift in the global economy. you know, the kind that capitalizes on diversity across the credit spectrum and gets exposure to frontier and emerging markets. if you convert 4-quarter p/e of the s&p 500 its yield is doing a lot better... if you've had to become your own investment expert, maybe it's time for bny mellon a different kind of wealth manager ...and black swans are unpredictable.

stuart: big retail names. you know 'em, new highs too. starbucks, hasbro home depot and the parent of bath and body works and victoria's secret, l brands, new highs. not bad. some great video out of las vegas, you're going to see it. workers used more than two tons of explosive to bring down the 200-room clarion hotel and casino. not a complete success. the elevator tower was left standing, you can just see it, it's the corner thing there. that was left standing. they're boeing to bring in a crane to break that thing down. there's an elevator tower still there. it will come down believe me. [laughter] second part of the two-night premiere of "better call saul," can it airedded last night. 6.9 million people tuned in that is a ratings record for cable. take a look at this clip from it. >> they got two legs. >> one leg.

>> each one leg? each? one leg each. >> total of two legs. >> hey look they can't skateboard for six months and they're scared of you forever. show everybody that you are the man, but that you're fair, that you're just. stuart: the guy on the right, mark, that was the lawyer. >> that was the lawyer. stuart: okay. the guy on the left -- >> is a drug kingpin who wants to kill those two fellas for dissing his grandmother. stuart: so they were negotiating. the lawyer that's you -- >> yes. stuart: negotiating with the drug can kingpin -- >> yes, and negotiated down the penalty from death to each of them sustaining a broken leg. and he felt victorious. he said i got -- i walked them from the death penalty today. stuart: how do you feel about, i mean the sleazy i mean, the worst of the worst kind of lawyer, record ratings.

your entire profession is being portrayed as a bun of of sleaze -- bunch of sleaze guys. how do you feel about that? >> [laughter] >> you just sit there and say this is the show where they go after every politician for being corrupt and everything, and every lawyer's not that way. they've taken the worst traits of any possible lawyer combined them into one character. i will tell you what i like, they've done a very subtle guy of showing this fella's lack of self-esteem. every time before he goes into the courtroom he goes into the men's restroom and goes in front of the mirror and it's showtime. you see him drive can he drives this car called an esteem made by suzuki, and it's all falling apart. stuart: wait a second, do you do that? before you walk into the courtroom, do do you sort of prep yourself in front of the mirror and get up for a performance? >> i do not at this point in my life, but i've been doing it for 30 years. when i was a five-year lawyer, when i was a five year lawyer,

you bet. the green room it's showtime! no, i did not. stuart: every time you get on camera, you look into the camera and you are essentially polluting the jury pool. >> i don't know what you mean, stuart. [laughter] stuart: will you watch don't call saul -- >> better call saul? i'll watch it for a while, yeah. it's kind of funny. stuart: will you let your kids watch it? >> no. [laughter] stuart: all right, lanier, you've got a half hour to go. stay right there. this is showtime. coming up later today on "money" with melissa francis melissa has an exclusive interview with the star of hbo's entourage. his name is adrian again yea. ebb don't miss it 2 p.m. today on the fox business network. former welfare cheat, starr parker, on president obama's entitlement nation. has the president fundamentally changed the country? also tonight at

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stuart: nearly 100 point again, possible deal between greece and its creditors to extend the current terms of the bailout. investors like it. oil giving back some of its jeans, $50 a barrel. city says the price of oil may drop to $20 a barrel. the cheapest gas in america, we will tell you as we do every day, $1.57 for regular at a costco in idaho. is a recap of today's top

stories, lauren simonetti has some. >> we have a tragic development in the fight against isis as the family of kenna mueller, the american woman held hostage by the terror group is confirming her death. here is jacking earlier on the show. >> radical islam has morphed into a global jihad and it exists in western and northern africa, throughout the middle east and now in southern asia and every single year of the president's administration has been gradually expanding to the point that it has expanded fourfold. >> mueller is one of four americans to die in isis captivity. avalanche new operating system will ditch their farewell to those randomly. loss of picture and all that stuff that happened to some folks when they agreed there i phones and ipad last year. it will aim to be bug free and make your devices work faster and better but this is a

departure from previous stance more ambitious apple attempts to pack their new operating systems with major features and additions. boston blanketed in snow. a record 6 ft. falling in the past month and more is on the way. now the city's talking about dumping that snow in the harbor because there are no other places to put it. stuart: better than dumping tee as it was a few hundred years ago in my personal opinion. you wear shaking your head about appleby in bug free. you don't believe that? >> you can't make anything but free. i am a huge apple fan. stuart: you know what they said to me in my ear? moves on. the story is over. this according to the census bureau 109.6 million people live in a household in america that receives one or more government benefits. that does not include social security, benefits like

medicaid, food stamps, subsidized rental housing. the president of the center for urban renewal and education is star reporter who is still here. new book from star parker blind conceit politics, policy and racial polarization moving forward to save america. that is an e-book. >> you have to go to one of the e-book sites we have to move into the 21st century. amazon, itunes, apple. stuart: the only company that has not been sued by the way. >> you cannot get this in not hard copy. stuart: here is the premise of my argument with you. i say president obama has won, he has basically changed the nature of america because we have become a majority handout society. i know that you oppose that view and you oppose this handout

society but i put it to you obama won, you lost. >> might be true but i hope we are just on life support. i am telling you, what we are looking at now in terms of numbers the collapse of family dependent on government, a long way from the dream if you will. stuart: the president has done this deliberately. >> not just him. the strategy of the democrats. black america got caught up first, the political promise of social justice and when you think about where we are today compared to frederick douglass was asked when they were looking at releasing 4 million x slaves at the time black slaves into this society and ask what do we do with them? he said do nothing. if they fall they fall. if they get up and they can. that is what america is about. what happened? stuart: what signs do you see that will reverse the trend?

>> this is what i talk about in blind can see, so blind and arrogant they don't see how wicked they are, they don't see the damage their programs have done. when you think about where we got lost as a community black people that expanded into the greater society as you point out with the addiction to government, we got lost after the death of king. three things happened and i talk about them in my book. we had in the 60s a war on religion, war on poverty and war on marriage at the same time. the most vulnerable in a society got caught up first. king was about repentance and revival but this social justice community want revenge and redistribution. we got caught up in the promise of social justice, redistribution of wealth and collapsed family life. anyone can get out of poverty if they want. they just have to finish school and produce children. stuart: our favorite lawyer is writing notes. what a you writing? >> i think you are dead right. government that expands and

becomes the provider for every one is the government that destroys the family destroys the churches, destroys the synagogues, destroys those groups that historically have provided historically there's a problem with one of my relatives or family member i stepped in. there is a church that steps in but now we have the government and the government says we don't need your churches, we will do it. >> what we did was put public policy together, you know my story. i lived at life. the rules of warfare were don't work, don't get married and they will keep you enslaved the government poverty plantation and you are right, over time there is the displacement that helps people break cycles of dependence. the book is blind concede. stuart: if i go on amazon i can buy this e-book. >> and find out how we are going to move america forward. stuart: a great pleasure having you with us in new york city. question. is there any way to keep your

text messages and e-mails truly private? after the break someone who says he has an apps that will do that. we will contest that. the world is filled with air. but for people with copd sometimes breathing air can be difficult. if you have copd, ask your doctor about once-daily anoro ellipta. it helps people with copd breathe better for a full 24hours. anoro ellipta is the first fda-approved product

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nicole: the dow jones industrial average, 17,000 a 23. nasdao0@3 average, 17,000 a 23. nasdaq composite up 43 points. energy sector to the downside. and down 6%. down 2%. oil $50.93 a barrel. we are watching the hotel operator in particular. look at this one up 83%. for its quarterly numbers. stock is up 7%. a great move. under pressure on their lower and then expected sales. online foods plan to compete

against that. neel up 7%. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do.

stuart: breaking news, very important, the power ball jackpot is $485 million. mark lanier is here. all kinds of legal problems follow you if you win that kind of money? >> tax liabilities alone are massive. you got to deal with them in a special reporting way and a lot of people don't. it snowballs into more problems

as well because all sorts of things say you invest the money in this, that or the other, you got the legal issues of the investment, and that people are not prepared to handle. stuart: that is not a problem. >> you find anybody who wins the power ball five years later use the net ton of money because of their legal problems. stuart: everyone has to spend money on lawyers. stay quiet for two minutes. driscoll's confide and it is a ial ack at professionals. is an apps. through this apps you can send documents and files and photos that eventually self-destruct. you can't afford them you can't save them, can't take a screen grab. got it? the co-founder and president of confide. if you have this apps i can send a picture to you. it will self-destruct. i can't copy that picture i can

forward it, i can't do anything with it. there is no way that can escape into cyberspace. i can tell you exair ly how i am going to do it. i take autograph of what appeared on somebody else's screen like a photograph and a have got it. >> a photograph will not work. it is conscripted for security. then we combine disagree with screen shot groups once we decry a message we cover it over and the only way to unveil the message, when you do that you only and phyllis leverett time so when you try to it take a photo you only get one sliver and take you out of the message, the screen isaot was attempted and it is gone. stuart: i got to tell yoof >> one of the biggest since we do in litigation, i would say to a company we want every e-mail you have got relevant on this issue. if a company has destroyed those

e-maiph weather tfidough your program or intentional destruction, as that company is deemed oftentimes to have destroyed critical evidence, has a problem if this be dealt to send all the e-mails in a way that disappears so that when tha co3 rabbit trail can't be followed. >> we do things about this. this is a compliment, not replacement. if i want to retain records, this is for sensitive infositation you probably otherwise would have turned to a phone call or hallway discussion about. we are disrupting that. but you can't discover something that no longer exists. >> the jury is allowed to assume the company has destroyed important information. >> i will tell you since the

sot c hacks, >> you're going to charge for that. it would download free now, iphone and the itunes store and google play. stuart: how many people sign you . >> one-year-old sinos. we are pleased with that. stuart: it is in the millions? >> we're 180 countries. stuartee it is in the millions? >> confined you with the answer so we keep it off the record. stuart: you going public? >> no time soon. we are working on our entrance strategy but we are pleased with results. we have the best investors in the world. comment on a pesitanent direir or. stuart: you are good at what you

do. it disappears. from the whole discussion. it never disappears. thank you very much. a teenager in texas about to start a new job data pizza restaurant wes out a message the night before her first day of work and she is fired. find out what she said next. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping.

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stuart: here's how you lose a job b daore you start. teenager in texas got a job at a pizza parlor, posted a message on ryoitteings here's the message, i started this job tomorrow. her new boss saw it and reis noonded thus. and no you don't start that job today. i just fired you. good l fik with your no money, no job life. mark lanier, is that a legitimate firing? >> absolutely. you don't have to hire someone you don't want to hire. there's no obligation to hire at cboa p. of this woman evidences a bad attitude, file language, the winter working at your pizmuc parlor when she considers that that type of a job? you can fire. stuart: can she sue for wrongful

free firing? >> not in texas. texas, come on, this is texas. you can fire at cboa p for at c reason you want. it is and employment that will stay. stuart: is this a moral issue odec3 legal issue decrees >> to me it is both. morally, what kind of people do you want working for you representing your brand? and legally what can you do? stuart: we are in agreement. the sho oneis almost over. more varney after this.

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know where you stand with pnc total insight. a new investing and banking experience with personalized guidance and online tools. visit a branch, call or go online today. >> dominique strauss-kahn on trial for aggravated pimping. feminist protesters are out in force, he's facing accusations he organized prostitutes to attend sex parties with him in paris. mark lanier is here. do you defend him? >> only in france. what is aggravated pimping to normal pimping? >> that's normal.

>> maybe they pimp with women who get on their nerves that's aggravated pimping. >> would you defend him? >> no. >> why not? >> waste of my time. >> you have the responsibility to take the case. >> i have a moral obligation. >> you have moral obligation to attack american corporations. >> i also defend american corporations, i defend them. >> when you are getting 30% of the take they are always wrong. >> i only take cases i believe in, if that's what you believe. >> you believe can you get 30% of the take. >> i do pro bono work. >> what? >> absolutely! we do a lot of work for people who we won't make money off of. >> do you really? >> of course. >> we tithe our time as well as our money. >> would you come back for more of this? >> i'd love to. i have to work, i've got companies to sue. [ laughter ] >> i knew it i knew it.

thanks for being with us. time's up i'm afraid. here's deirdre bolton. deirdre: stuart thank you so much. the price of doing business in china is climbing in qualcomm's case by nearly a billion dollars. it is a web slinging media merger for disney's marvel and sony. result spiderman's $4 billion franchise may expand fast. and factories may be powered by more robots than humans. new report shows what the future u.s. workforce looks like. billionaire alibaba executive chairman jack ma doesn't want alibaba to be a trading hub for fake products. earlier today he met with china's product quality regulator to restate his position. jo ling kent with me now. how can jack ma block the sale of counterfeit goods? >> it is a multifront war he needs to fight. the chinese government doing a 180 and applauding alibaba for