floodgates in terms of expectations for a move in interest rates. that's going to set the tone for markets. also waiting on oracle numbers after the bell. stuart,w. stuart: thanks, maria. it never stops, does it? they're throwing your money away at a record rate. we're talking fraud, waste the government at it again. good morning everyone. last year they admit to $125 billion worth of improper payments. medicare and medicaid, the earned income tax credit, jobless benefits all those programs padded with billions in improper payments. outrage on a grand scale. you think it will ever change? apple tv is coming this fall. not soon enough for those of us who struggle with all those remotes. at least one box one remote. and get this a 24-year-old retires from football. he's worried about head injuries. oil down again, i still think

the gas price plunge is coming. fox news puts hillary in a very very tight spot, and israel votes big turnouts so far. "varney & company" on it all. we're about to begin. ♪ ♪ stuart: never underestimate the impact of cheap gas and a collapsing oil price. we are not going to ignore it. we think this is of great importance and interest to all of us. let the elites read janet yellen's tea leaves. we don't care. of the rest of us buy gas, and we want it cheap. look at this. we've got a fresh six-year low for the price of oil on the cusp of going to $42 a barrel. the national average for a gallon of regular came down a penny overnight to $2.41. the pace of decline is picking up. here comes the plunge maybe? gas prices have fallen for ten straight days. now look at.

the biggest average drop according to our friends at gas buddy is in lafayette indiana, down 21 cents a gallon in one week. that is a plunge. next hour scott shellady the man who predicts $38 oil and much cheaper gasoline, he's joining us. 12 noon today. and going to stay on oil to. iran says it can add one million barrels a day to the world's supply if sanctions are halted. here is stephen hayes senior writing with the weekly standard. steve, welcome to the program. always good to have you back. >> good to be here. stuart: a deal that allows iran eventually to get a nuke appears imminent. they're talking that way. what do you think? >> yeah it certainly does. if you look at the way that the obama administration has handled iran really for the past six years, it's clear they were heading in this direction. while the president said he sees the prospects of a deal at no better than 50/50 i think you'd have to be crazy to peg them at anything less than 80 90%.

the administration wants the deal iran wants the deal and all sorts of other countries are eager to get into iran's markets, oil and otherwise. stuart: now are we going to get a say in this? we the people, through our elected representatives in congress? do we have any say, or are we going to be presented with a fate fait accompli? we got a deal here it is, like it and lump it? >> yeah. i think this is extraordinary about what we've seen over the past six months the obama administration has made clear they have very little intention of including congress until after it's done. they're very clear about that. they want to negotiate the deal. they don't want any input. the president has smacked down both republicans and many people in his own party who have wanted to have a say either about triggered sanctions, about broader penalties, about the possibility of increasing sanctions and the president said basically we're not interested in your views pipe down. stuart: we think that this is the biggest foreign policy threat, an iranian nuke at some point in the future.

and as this is going on, we've got an iranian general leading the iraqis in a strike on tikrit. they could end up -- the iranians -- could end up having access to all that iranian and iraqi oil and with a nuke to boot. i mean, how do you see this? we think this is the premiere threat, the major threat to america in the future. how do you see it? >> well, i think this is maybe the most underreported part about the story about isis, about iran, the surge we've seen in terrorism, is that the united states is in a de facto alliance or maybe more than a de facto alliance with the iranians, with the shia operators in iraq and in effect, empowering iran, cheering iran on as they talk on the sunni extremists in tikrit, for instance. saddam hussein's old town. you had martin dempsey saying, look, this is pretty positive

from our perspective, but we are at some point going to have to reckon with the fact that iran is expanding, they've had expansionist designs on the region for years, lebanon syria, iraq, they're expanding in yemen, and iran is poised to become the hegemon in the region. that only portends negatively, i think, for the united states and for the security of world. stuart: what are you hearing from democrats? are they in line with the president's policy of talking to the iranians and maybe getting a deal going? >> well, this will be one of the key questions after the administration reaches this deal, how did democrats react. look, we've heard from supposedly hawkish democrats repeatedly that they're willing to challenge the president, they don't want a bad deal, but then when the time comes to actually do it, they allow themselves to be sort of browbeaten and pushed back by an administration that wants basically wants detente or more with the iranian regime. i'm skeptical they'll have enough democrats and republicans to override any veto of what the

president is pushing if there, in fact is legislation to increase these sanctions in the event of iranian noncompliance with the deal. stuart: stephen hayes always a pleasure. come back again soon, please. >> thanks, stuart. stuart: if you're a taxpayer oh this is going to make you mad. you probably won't see this in the establishment media but we're going to bring it to you. the feds made $125 billion worth of improper payments last year. that is money shelled out to people who should not be getting it. this included tax credits to people who didn't qualify medicare payments for unnecessary or bogus treatments and unemployment benefits for people who were actually working when they were getting the money. tom sullivan's here. you'll never get rid of this. government is synonymous with waste and a degree of fraud. >> yeah. this is truly dog bites man story. everybody rolls their eyes and says, yeah what's the point. we've been focusing on the politicians that we elect.

the politicians that we elect will always try to give us gifts so we keep voting them back into office. i think the focus should be on the mismanagement by the bureaucrats and start holding them -- there's no accountability if you're an employee from the federal government. you can't get fired you can't get if trouble, you can't get demoted. so let's go after them on the personnel issues somehow with some kind of law making to say we're going old you spoible sart stu thasgood alys tnk is the pitiansho c stightn th al outbut yoreight thetheray. lo atheurearatsho a pendg th p mon, whare shelng o th mney ndo or th. >> gao sd, look, we've got 400 different recommendations that need to be implemented, and only 9% of them were -- 29% of them were. why didn't the bureaucrats implement the relations? stuart: well, they can't be fired even if they don't know what they're told to do. >> who cares? what difference does it make? [laughter] stuart: a different vote, a different accent but you got it

right. senator jeff flake republican arizona he's leading the charge guest waste trying -- against waste trying to fix things. i'm going to challenge him. once the government starts writing a check, you can't take the benefit away. there is never an end to the waste. that's my challenge. the senator's response, 12:15 eastern today. all right, time we got to that stock market because we are down, a triple-digit loss, almost aal yesterday at this time. look at american airlines, it is going to replace allergan in the s&p 500. getting a nice pop because of that. if you're running a fund that matches the s&p 500, you've got to buy all s&p 500 stocks. which means if you put american airlines in, you've got to buy it. up she goes 5, nearly 6 president. voting is underway in israel. yes, it's a close race between prime minister benjamin netanyahu and a center-left alliance. this is the opposition. it promises to repair relations with the pal stanley cup januaries and the

international -- palestinians and the international alliance. netanyahu has been trailing in the polls. we don't expect results until late this afternoon eastern time, you will get 'em end when we do. big, big news on apple today. look at its stock, 126 on apple. they're going to launch a new online tv service this fall. lauren similar netty is here. i want details. >> this is a big deal, stuart. apple is now the latest company targeting the cord cutters out there. apple plans to launch an online tv service in september. it would have 25 channels including fox, ab. >> c and cbs. guess who isn't joining? nbc reportedly not interested in the deal. the cost, between $30-$40 a month. one box, one remote on line tv on all of your apple devices. now, why would they do something like this? stuart: you're going to tell us.

i'm all in favor of it. >> number one, dish is in their sling 100,000 users sony in the next couple of weeks is also can'ted to launch a -- expected to launch a streaming service, and then just think of apple tv. it's a supplement, an appetizer to the main course which is your real cable tv box. if they redesign apple tv and get people to think of that as the maybe course, look at how much you can change the industry. changes are coming to apple tv. stuart oh, yeah, look, it's very attractive to me. i don't know about you, tom, but i have a hard time turning a tv set on to the channel i want because i've got three or four remotes, you press the wrong button, and you're really messed up forever because you never get back -- i'm being fool you should here, but there's an attraction to one box, one -- foolish here. >> apple is designed simplicity. that is their card. but notice how nbc isn't part of this because they're opened by comcast. stuart: ah, yes, because this will be bad news for the cable

operators. >> just come down a couple years for younger people. they might not be confused by all of the different devices. not to say one tv one remote, one device isn't bad, but you know, think of the cord cutters and the younger generation with 70 million passwords for all these services every month. stuart: it's attractive to them too. >> yeah. and apple tv only costs $69 right now. streaming deal with hbo now. stuart: the p am tv streaming deal the one box, one remote thing that you just talked about, that is, what $30-$40 a month? >> that is the reported cost. stuart: sign me up. >> we'll get a an announce in june, we think. >> then we have chris borland 49ers' linebacker. he's 24. he's going to retire from pro football. he's only been there one season, he's retiring. why? he says the health risks, they're just not worth the money. up next we're going to see what a star of a totally different sport has to say about borland's

unexpected retirement. seth curry would you believe, on this program? next. ♪ ♪

box, one box.

stuart: it's still a tripping-digit downturn but we are back to 17,8 and change. here's what we're watching, here's what we've got. the state department dodging questions on whether hillary clinton signed an exit form saying she did, indeed hand over all of her e-mails. fox news is really chasing down this story. we've got bret baier on it.

15 minutes from now, bret baier on this program. some drugs to treat high cholesterol or high levels of cholesterol cut the risk of heart disease in half. very limited testing very small testing sampling, dr. marc siegel joins us next hour. too good to be true? i don't know, but the doc will tell us. and what do you get when you show today's children a vcr? remember that? lots of confusion and a hilarious video. you are going to see it next hour. and now this. san francisco 49ers' linebacker chris boarland one of the nfl's top rookies, is retiring. he's concerned about long-term health effects. tom, what's your take on this? >> there's something else here. there's more to this story. there's got to be, because he's been playing football since he was a kid. he played for wisconsin. there's something else behind this story because money usually motivates these kids at this point. he's played for 15 jeers and now -- years and now he says no

more? stuart: hold on a second, we're joined by a basketball star steph curry is with us, a superstar. you play across the bay bridge from chris borland. okay, you play a very different sport but we want to know, what do you think about the a guy who retires at 24 and walks away from go zillions of dollars? what do you think? >> pretty interesting news. obviously you want to know the back story if there's something going on, but you can't fault the guy for making a personal decision on whether he wants to play football or not and put himself at risk. stuart: true. i've got to ask you, though if you thought playing basketball posed a health risk to your future you're a young guy, would you retire? would you walk away from all that money? >> um, i don't think there'd be anything to do with my brain, so i'd have to keep my mind. i don't know. i probably i'd probably stick it out.

stuart you're a good man. let's get to the ncaa. kentucky, undefeated. besides them, who can win? now, don't hedge. come on, we want your opinion, straightforward. [laughter] come on. we're all filling out brackets we want to know. >> as i say, if you looked at my bracket i picked with my heart, so my alma mater, davidson college wildcats, would be the eventual champion. if not, much just shredding my bracket. stuart: any idea what the odds are? is it 500 to 1? what do you think? >> i don't know. maybe if i put a bet on it, i might be able to retire from basketball. [laughter] stuart: behind you i can see an ad for degree, the deodorant and you advertising more them aren't you? i hope you're getting paid for this, young man. >> a little bit, but it's a product i use, so it all makes sense. we're hoping that we can get some fans to tweet in at degree

men for the 48 hours of march madness, send in a photo or video and hopefully be able to watch the first 48 hours of the tournament, you know, uninterrupted with no distractions. just basketball. you can tweet in @degreemen and get a part of the game-changing degree osprey. stuart: that's legit. >> i'll call whoever i need to to clear the schedule. [laughter] stuart: steph curry, what a pleasure to have you with us. come again soon, okay? >> thank you very much. stuart: yes sir. all right you heard it right here on "varney & company," ed klein. he says valerie jarrett leaked the hillary e-mail story. we'll tell you what the white house is saying about that in just a moment. >> i opted for convenience to use my personal e-mail account which was allowed by the state

department because i thought it would be easier to carry just one device for my work and for my personal e-mails instead of two. >> what difference at this point does it make?

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stuart: here's a big name, you may know it by a different name. the retailer, burlington. i always think of it as burlington coat factory, but it's burlington stores. new high. they reported strong profits and really good holiday sales late last year. up 3%, 59 on burlington. the all lis tower -- willis tower, tallest building in chicago sold. highest price ever paid for an american office tower outside new york. 110 stories, and it features a glass balcony extending four feet outside the 103rd floor. sold, $1.3 billion. to hillary you heard it here first. "blood feud" author ed klein on this program said valerie jarrett was behind the leak of hillary's private e-mail use at the state department. listen to this. >> normally, i have two sources for every story. in this case i had three source ises. one in the white house, one in the state department and one inside the clinton camp. these sources didn't know each other, and they independently

told me the same story which is that valerie jarrett in a sense of vengeance against the clintons, launched a series of investigations this the state department and that the e-mail scandal is the first shoe to drop. stuart: okay ouch. you heard him, three different sources. hillary had her e-mail scandal leaked by valerie jarrett. now listen to what white house press secretary josh earnest had to say about that. listen up. >> a published report oh the weekend in a leading -- over the weekend in a leading new york newspaper asserted that white house counselor valerie jarrett played some role in the disclosures about secretary clinton's e-mails. can you upon confirm that? >> it's utter baloney. stuart: tom? >> well what else is he going to say? [laughter] but may i remind you that ed klein as much as the left hates the man because he's gone after

hillary before, that he has a master's in journalism from columbia university. -- columbia university. he's no lightweight. he's former foreign editor at "newsweek." i mean, this man is a real, honest to goodness journalist. stuart: and he's got three different sources. >> yeah. stuart: now, they don't know each other. it's not like they colluded. three separate independent sources. >> forgive me, but in washington, d.c. in the white house it is bigtime, hardball politics. don't ever forget that. stuart: and there is no love lost between the obama camp and the clinton camp, period. >> his book, "blood feud." stuart: much more on hillary's spiraling scandal next with bret baier. this is a huge problem for hillary. can she just run out the clock all the way through til 2016? we'll see. bret baier on the show shortly. and nbc news host al sharpton demanding first class treatment when he speaks publicly in front of colleges

and universities. we've got the full story for you next. ♪ ♪ [announcer:] what if one stalk of broccoli could protect you from cancer?

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stuart: this is close to the low of the day, 17,802, down 175 points. the price of oil is at a new six-year low, $43.11. it had been below $43 earlier. it could go even lower if iran's sanctions are lifted and they add a million barrels of oil a day to the world's supply as they've threatened or promised to do. as for the national average for a gallon of regular we're down again overnight at $2.41. the pace of decline is picking up. gas has dropped for ten straight days. by the way we've got scott shellady on the show next hour. he thinks oil is going down some more, below $40 a gallon. what will that do to gas lean? the cheapest gas in the land, where is it? well, we've got a change. stockman in south carolina, specifically in marion, south carolina it's $1.85 cheapest in america. the hillary clinton e-mail story is not going away. fox news' ed henry asked hillary

whether she signed an exit form saying she handed over all her e-mails upon leaving the state department. listen to her response. or lack thereof. >> madam secretary, did you sign an exit statement before you -- stuart: i'm going to call that a dodge. now listen to jen psaki who responded to the same question. >> human resources department presumably has a file on every employee. it can't be that difficult -- >> i don't think former secretaries are -- >> they don't have files? >> -- standard employees. >> well, they might not be, but -- >> i understand why you're asking. we're looking to get an answer. i don't have an answer today. stuart: all right. bret baier from "special report" is with us, now joining us from washington d.c. bret, hillary's news conference was about a week ago i think there was an expectation it would gradually disappear, but it's not going away. this scandal is almost relentless, isn't it? >> well, it is stuart. and what's interesting about jen psaki there not having an

answer, the person doing the questioning is matt lee with the associated press. there are many news organizations who are following up on this let alone the associated press filing a lawsuit against the state department for these documents. remember there have been foia requests, requests for documents about all of these communications that go back a long tomb that were never answered -- a long time, and judges said, well, there just wasn't the material there. now this opens up a whole different aspect of things, and this one form stuart, the of 109 form believe it or not, is kind of the linchpin now of when she signed it or didn't sign it. either way, they have to come up with an answer soon. stuart: and that's the legal basis -- i'm not going to call it a scandal, but the signing or not signing of that form is the whole legal framework on which this scandal is built, isn't it? >> well, it's part of it, definitely. i mean, the form essentially

says that you agree that you haven't taken documents that should be in the public record and that you are certifying that all of the documents have been turned over to somebody in some way. if she did sign it, then she perjured herself and if she didn't sign it, then why not? [laughter] so it's either way it's a problem. that said, there are other questions about this. number one is the security of that server. we've talked about that. why it was that she used that exclusively. you had to at least have a adot.gov e-mail address. stuart: i was watching "special report," and the panel -- which is everybody's favorite part, if i may say so -- were hammering hillary. all three members of the panel really hammering hillary. it sounded like a warning shot

across the bow to democrats that, you know, this candidacy has got some problems here. >> you talk to democrats and privately -- maybe not publicly but privately -- they will tell you there is real concern. not so much about the e-mail scandal per se, but much more about the clinton foundation funding and foreign governments funding the clinton foundation while hillary clinton was secretary of state. so i think there are alarm bells in the democratic party that are going off, and it's not just the panel or anybody else who are causing them. stuart: do you think we've got scandal fatigue, or is that fast approaching? healthily fatigue, fast approaching? >> well, clearly there's -- if you look at polls, people are frustrated about having to deal with the scandal du jour and want washington to work. so for all of hillary clinton's pitch that she would be this different face, it's not something that's sticking, at

least not yet. it all comes down to a matter of trust. and, you know whether this churns up those feelings of the clinton investigations of old, we'll see. it could potentially be a problem for her. stuart: bret baier, we will, of course, be watching the entire show tonight, and not just the panel. [laughter] >> excellent. stuart: thank you very much bret. >> see ya, stuart. stuart: only the best for nbc host al sharpton when he speaks at colleges. he demands some expensive perks. here is julian melcher who wrote about it in the -- well, he has a long list of demands. >> yeah.hrough it. >> he does. so when he travels he wants first class airfare for himself, he wants to bring an aide or a bodyguard along at the college's expense -- stuart: first class? >> no, coach class for the aide. [laughter] so there's a disparity there. stuart: outrageous. >> he wants to stay in a four or five-star hotel he wants a

black suv, chaufferred, of course, and that's on top of his honorarium which is on average $50,000 you know? sometimes colleges can negotiate that down, but that's his standard rate. stuart: he does $50,000 plus all those expenses? >> uh-huh, and -- that's correct. that's something i even have college records saying this is not what we standardly give our guests. al sharpton is getting special treatment. stuart: you've looked at the records? you've got to the source itself? you're a journalist. [laughter] >> yes. stuart: that's great. you've actually seen where it is written that he got more than other guests at colleges get? >> correct. it's not standard procedure for you to get first class air travel, fancy hotels, chaufferred suvs. not typical. and we have to keep in mind here we're talking about a guy who owes up to $4.5 million in back taxes and penalties. he's getting vip treatment at public colleges and universities? something's not adding up here. stuart: any idea how many speeches he makes roughly?

>> you know i know he's made let's see, three so far this year, earned $30,000 from them on top of all the perks of travel. stuart: not bad. tom? >> well -- [laughter] stuart: where do you want to start? >> i don't know. with al sharpton where do you start? because of the fact that does seem excessive. i think the market that bothers me the most out of that whole thing is that my staff person has to sit in the back. >> uh-huh. >> i'll sit in first class but my staff person, you go back there in the back. i'm thinking -- [laughter] stuart: you choked for words? i know you are. >> i don't know what to say about al sharpton. stuart: well should he be an established news anchor on supposedly a news channel? >> that is the laughingstock of the industry. everybody knows it. stuart: julian melcher you're a journalist. excellent. thanks for joining us. the epa's latest target, your backyard barbecue. in particular, the grease that drips off your burgers.

the epa says it's bad for the planet. they're going to do something about that. yes, that is the focus of the epa, drips of grease from your barbecue. oh. ♪ ♪ it's more than the cloud. it's security - and flexibility. it's where great ideas and vital data are stored. with centurylink you get advanced technology solutions from a trusted it partner. including cloud and hosting services - all backed by an industry leading broadband network and people committed to helping you grow your business. you get a company that's more than just the sum of it's parts.

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a nice top yesterday, but we're giving some of that back right now. the dow jones industrial average down 178 points, that's a loss of 1% sitting at 17,798. the s&p 500 down 14 points the nasdaq composite down 15 points. we're seeing a majority of stocks on the move to the downside. dupont caterpillar 3m johnson & johnson among the laggards on the same day that we're watching oil has been selling off, down over a buck. but american airlines, that is getting a little bit of a jump. it is moving into the s&p 500 later this week. it is up 6% at the moment. it will move into the s&p 500, allergan will be coming out. and take a look at alibaba. now, there will be shares that will become eligible for sale to the public. right now the stock's up a quarter of 1%. stiping nicklaus added it to its select list.

stuart: pinterest, very popular web site. you share recipes photosment valued at $11 billion. tom, that seems like a very high valuation. do you think that's part of what we're calling the tech bubble? >> no. not for pinterest. and the problem is you and i are talking about, and you and i have no idea what it's all about. [laughter] because -- stuart: you just had to say that. >> listen to this, the users 13% of people are men, 80% are

women. women love this site and they spend almost an hour and a half a day on this site which is more than people spend on twitter. stuart: whoa whoa, whoa regular users spend an hour and a half a day -- >> a day. which is more than people spend on twitter, and so the valuation, i think, makes sense. stuart: if they can monetize, if they can monetize all those women spending all that time if you can extract money for that, i can see $11 billion -- >> wouldn't you? the advertisers love to get in front of the eyeballs of women because women make the decisions on so many shopping topics. stuart: all right, tom i admit i know nothing about pinterest. >> me too, but i know that much. stuart: you just looked it up. [laughter] now we've got the epa. ah they've got a problem with grease dripping from your burgers on your backyard barbecue. when it drips onto hot coals it emits something into the air. the epa doesn't like it.

we asked, and you had a hot to say about this. start off with alice. crazy! next they want to limit emissions from cooking on a stove. they've already made stoves and fridges more expensive due to laws passed on, restrictions. ron says this: welcome to the future for big brother. not content with listening to us and monitoring us, they have now thrown a wet blanket over the backyard barbecue. here is liz harrington with the washington free beacon. liz you've looked into this, and it seems to me that the epa is focused on this minuscule little problem here. i don't get it. why all this focus on such, on drippings from your barbecue? what? >> well, what we're saying here is that the epa is increasingly looking at homeowners for ways to cut pollution and energy use, and the latest target here is backyard grills. this came from a $15,000 grant, and they're trying to change the way that these grills are made. hay want you to use a tray --

they want you to use a tray to catch the drippings because they think this is a global problem, and they think they can fix this, and they're really concerned about your backyard grill. stuart: so now they're going to tell us how we should have a backyard grill designed so that the grease does not drip onto the coals, have a special new -- i don't know where they're going with this i'm just astonished that they would pick on such an arcane and small area. but you say it's part of a bigger picture of going after your entire household. >> yeah, absolutely. i think there's definitely a possibility you could see this in regulation. the epa, every week they're going after there's an ever-expanding list of products that are targeted for efficiency standards and, you know you've seen it with lawnmowers, air conditioners wood-burning stoves, ceiling fans and i would not be surprised if backyard grills are the latest here that they try to change you know the industry and change how they make which is very costly to the economy. you see millions of dollars with

manufacturers having to spend to change the way their products, you know, how much energy they use. stuart: i'm with you, liz. these are extraordinary rules if they're going to impose on whole industries, but there's nothing we can do about it. i mean, if it's an epa rule, it goes into place. i mean there's no vote on this, is there? not to my knowledge. >> no. and that's what you see with these bureaucracies when they get to a certain size, they have rein to really get into every aspect of life. there's another grant recently that is trying to get hotels to monitor how long their guests are spending in the shower to cut back on water consumption. stuart: what? what? >> this is another example of -- they want every hotel to apply this and say hey, your eight minute shower is too long. so i think what you're seeing is when an agency is this big, they can, you know issue grant, regulations, they have a lot of ideas out there, and it, you know, can change, you know, every little aspect of your life. stuart: tom? >> we have gotten to the point where the bureaucrats the

regulators feel as if this justifies their existence somehow. but i'll until you, we're all environmentalist to the point. we all want clean air clean water. stuart: of course. >> this is the kind of thing that i think makes it harder for true environmentalism because of the fact this we push back against this kind of intrusion into our free comes -- freedoms. stuart: yes. >> and freedom will uplift the economy. the more they central plan the economy, the more it gets stuck and mired in what we're in. stuart: exactly. liz, if i object to these new rules and regulations which i find very intrusive liz, they're going to say i'm a climate change denier and there's something wrong with me because i don't understand the threat of climate change. that's what they're going to say, isn't it? >> sure. and as we see, there's every little aspect they're thinking about climate change whether it's the grill or the hotel shower or the ceiling fan. i mean, they have all these avenues where they can change these things and like you said,

you don't really have a choice. they regulate these things and the industry has to comply and change the way they make their products. it might make your, you know, ceiling fan or refrigerator more expensive, but there's nothing you can really do about it. stuart: and i want my incandescent lightbulbs back, please. you've brought to light a very important story. liz herriman, everybody washington free beacon. pete rose banned from baseball for life after he was caught gambling on the game, may get another chance. does he deserve it? what the new baseball commissioner is saying after the break. oh now, look it's started. that's taking place, what, about 300 yards from where i'm sitting. that is sixth avenue, new york city. the st. patrick's day parade. if i listen carefully, i can hear out of my studio window, those bag pipes. here we go, everybody, the 2015 st. patrick's day parade. it's going to be a big one, and

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roll tape. >> i will deal with that request in a timely way. i'm going to make sure that i get up to speed on all of t ckgundactshe dow rept, watcommissioner amat did, and tre'l be pross ere pe wil beble tolet me kn watev he wats me nowabo his crren sittio and i'lmake ecisn a thoint stuar he hasn't ma hid mind up -- his mind up. do you think pete rose should be in the baseball hall of fame? first off, drew: yes. the guy bet on his own team. if he bet against his team and made decisions that would purposefully make them lose then i would be with the ban. here's what jack says: no. betting on baseball demands the punishment that he got. all right, tom sullivan? let me see if i've ba banned. giamatti the baseball commissioner, he has a new rule you're banned for life from the hall of fame. >> right. stuart: he dies of a heart

attack five weeks after becoming commissioner. subsequent commissioners say, yeah, it stands he's banned from the hall of fame. now we've got a i new commissioner, in he comes should he lift the ban on the hall of fame in. >> i don't think so. and i'll tell you why this dowd report is interesting. i do believe, and i know this is widely disputed, but i do believe that pete rose -- according to the dowd report -- bet against the cincinnati reds when he as the manager had control of the game. what more could you possibly do wrong than bet against your own team? stuart: do can we know for a fact that he bet against -- >> that's the dowd report. stuart: that was the official report on what he'd dope? >> yes. right. and that's what this guy just said, he's going to look at the dowd report and decide. stuart: then i'm with you. because if you're the manager of the team and you place a bet against your own team and you control that team, that's -- >> i think, i think it's deeper than baseball. yes, was he a talented baseball player? of course. but i think he just has that

illness that a lot of people have. he has a gambling addiction. he had. i don't know if he still does. stuart: now i'm not in touch with more modern baseball but what about those guys who really did abuse steroids and all the rest of it? >> all of those. i don't think they should be allowed in. the hall of fame, we're not talking about was he a good baseball player. yes. stuart: ah yes. so the expression hall of fame means something other than -- >> something you should be able to bring your son to the hall of fame and say this is somebody you should look up to. stuart: you've got to honor the game. okay i'm with you, tom, on this one. i'm with you. let's check that big board because we have a triple-digit loss as we leave you for this hour mow 9/11 tearily, that is. we're down 172 points. another big name you know higher sales, better profits at the retailer dsw they're up 3.5%. then we've got apple tv launching this fall. game changer? have they solved the problem of too many remotes in the living

room? we're on that one. plus, $125 billion is wasteful and fraudulent, government spending. i say you're not going to stop it. we bring you the senator who says, yes, we can. he takes me on. hour two, two minutes away.

stuart: defeated a federal income tax your steam about this one. improper payments last year. $125 billion, that is a lot of fraud. perhaps worse. improper intent of exceeded $100 billion every year since 2010. in other words it never stops, president obama really doesn't care. what we are going to learn that -- when are we going to learn when the going to learn government is always bureaucratic always about rules

and forms the lincoln always open to fraud steers and know their way round the bureaucracy. when you have all government all the time president you know you are going to have an improper payment problem. be earned income tax credit, you don't earn very much money but you ask the government for help and the treasury sends you a check to top off your income. you work for cash of the books, don't tell the government and keep getting the checks. each team billion dollars worth of improper payments on this program alone last year. 1/4 of all these earned income tax credit a outs were improper a quarter. that is fraud on a grand scale. this never stops, it only gets worse as we grow the government and 2, taxpayers are regarded as the bad guys by this president. more than half my paycheck in income taxes and president obama wants more because i am not fat

cat. we are going to start the show momentarily. i have 15 seconds to calm down but i think you get a point. we are getting screwed. ♪ stuart: oh look at this. even more government waste, more detail and i have calm down. $46 billion in medicare treatments for treatments that might not have been necessary or even perform the. team billion dollars spent on lincoln tax credits sent to people who simply did not qualified. $17 billion on medicaid payments, the health-insurance program for the poor, improper to the tune of $17 billion $5.6 billion spent on unemployment benefits many sent to people who were actually working. senator jeff lake leading the charge on wistful spending and fraudulent spending will blend

us shortly and i will challenge him. can you stop it? we have a fresh six year low for the price of oil and our next guest says watch out going to $48. let me tell you the price of gas, down a penny over night the piece of the decline picking up, maybe heading towards a plunge 241 is your price for regular. scott shellady is the guests. are we going to get -- to you sticking with it? oil goes below $40 a barrel because of the does gas comes down sharply. >> will go below $40 a barrel. we plunge the deficit 42 and change, we have an issue about storage. it costs $1 a month so even if you want to store it and we for higher prices it will cost 12 bucks for the year so they will start dumping more oil on the market and i said is that thousand times. the economy would stop demanding a ton of oil not doing as well as people think we are doing.

stuart: in cushing okla. they store all the oil, 51 million barrels in storage right now filling up rapidly 65, 66 million barrels. they are filling up, no place to put it and they got to turn it out so they lower the price of gasoline to make sure it goes out the door. that is the scenario here. >> that is exactly right. nothing really knows she'ss, there won't be anywhere else to put it so that is why you will start to seem more oil and gasoline and that will make the gasoline prices come down but i state this we have an oversupply but more demand -- stuart: if sanctions are lifted on iran, as they say they will put out another million barrels a day of oil into the world market. that would really put the price of oil down, wouldn't it? >> absolutely. you get crazy calls that are not

looking crazy anymore $10 a barrel, we also heard. that could be high at 38. it will start to slow quicker we get to zero. stuart: scott shellady, thank you, we are waiting for that $30 prize and we will see. i want everyone to listen to what stephen hays, a writer with the weekly standard had to say about iran and oil last hour. >> we are at some point going to have to reckon with the fact that iran is expanding. the expansionist designs on the region for years expanding in lebanon, certainly in syria expanding in iraq, expanding in yemen and iran is poised to become the hegemon in the reason, the only portends negative for the united states and the security of the world. stuart: stephen hays. now a quick check, the stock market this tuesday, we are down 174 points. check out the price of apple

stock because apple is going to launch a new online tv service this fall. another way for people to cut the cable board. to tell us what this is about, from social radar. i want to make sure i have got this right. apple tv's this fall will be one box with one remote bringing in 25 different channels for $40 a month. at i got it right? >> sounds like you got it right. are you looking to buy that for yourself? stuart: i am. i am one of those people who is confused when faced with two or three remote controls. don't know which buttons to press and i know perfectly well if i pressed the wrong what i will never get back to where i want to be. >> it is frustrating. trying to help you solve that problem by launching this bundle of tv networks expected to release this fall. stuart: i say it is a winner. how about you? >> i think it is a winner and

what you are seeing here is the value they are going to add with all the hard red devices they have been putting in people's hands, people are buying apple tvs at have ipads and their iphone, looking for a way to add more value to those hardware devices especially the apple tv which was released a few years ago but still an additive device not replacement for capital which is what they're looking to do now. lou: and apple device i can hook the mall in to apple tv. i can see that wonderful video and content on any device from apple but i have got in my living room. >> a little different and beyond it, you don't need an apple phone. if you had an apple tv and looking to do a slim down cooler looking apple tv box you can put that into your television screen and stream from there, you don't need necessarily to have an iphone so there are a bunch of android users, other funds that have this apple tv in their home

and get this service for $40 a month and watch their favorite networks. not in d.c. right now which may have reality tv folks that love bravo hurting a little bit. stuart: my heart bleeds. if apple has its way the next generation of kids may be just as clueless about cable-tv as these youngsters were about vcrs. >> what is that? would is this? >> it is heavy. >> is that of vhs? i had net vcr. >> you put in your tape and it will like play music, right? stuart: put in a tape and it like plays music, right? dagen mcdowell is here to pass judgment on this. dagen: makes me feel old. i remember making the family

decision between vhs and beta at max when you have a choice which for many were going to commit to. i love the video tape it was like the allied. stuart: if apple gets its way gets its apple tv, then i guess today's generation of children -- i am saying essentially technology is moving real fast and people like me look old real fast. >> it is moving quickly. with the vhs of the former generation might be the dvd, the idea of dvds and then coming pass and people might think is this a reflector device like a mirror or something to use? kids are going to be streaming their content whether it is through their computer or television. i think it is headed this way. the mac and we to be read the

old school and save money, get an hd and kenna you can get for free broadcast networks because they are broadcast over the airwaves so you don't have to pay for this apple streaming service. it is $20 or $40 and can get old school/new school. stuart: lovely, glad you are on the show today. thank you very much great input. some big headlines to get to lauren simonetti is your with a segment we calling case you missed it. >> the family of a georgia woman who helped trigger the mass of general motors ignition switch recall has settled all litigation with the automaker for $5 million. that adds to the 5 million the family already received. the defective switches which can slip out of position and stall the vehicle are blamed for 67 deaths and millions of recalls worldwide. you can see they are down 0.8%. a can of coca-cola as a snack.

coke is paying nutrition experts to suggest and many can of its soda is an acceptable 3. experts even writing blogs saying so as critics blame the soda companies for rising obesity rates. let's show you coca-cola shares, there are 0.4%. the cost of regulation, killing the economy the chinese gambling spot, 7 times bigger than los angeles the economy shrank 17% in the final three months of last year. some reason, beijing's anti-corruption campaign and the new ban on smoking in the casinos. put in the rules people stop coming, find other places to go vietnam, thailand, cambodia. stuart: they have got casinos. thank you. coming up this our, want to try that apple watch before you buy it. we will talk to the company which is renting them out for a fraction of the cost of buying one.

$125 billion worth of government fraud and waste. we will deal with it next. jeff lake is trying to do something about wasteful spending. i got some bad news for him. i say you just can't stop it. not even if fictional president can stop it. >> we have been crippled by social security medicare, medicaid welfare, entitlements and that is the root of the problem. entitlements. let me be clear. you are entitled to nothing. you are entitled to nothing. america was built on the spirit of --

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stuart: the fed's made $150 billion worth of improper payments many sent out to people who should not have been getting it. senator jeff flaco is with us, republican from arizona. i know you are leading the

charge here, i know you are trying to do the same thing about wasteful spending and fraud within government but i don't think you can stop it. government by its very nature is bureaucratic and that leads to fraud and improper payments. >> always going to be some level but good grief when you look at what cbo and others have found most recently in terms of double payments, for example people on unemployment insurance also getting disability, billions and billions of dollars over ten years and things like that shouldn't be occurring. stuart: do we have to spend more money on inspectors and investigators to eradicate that fraud? >> the cbo has found this stuff and it will be relatively easy to go in and say if you are receiving one payments you can't receive another and if you have been cheating the system you will be penalized.

this ought to be done. i introduce legislation with joe mansion, legislation that tom coburn introduced before, we are trying to get at this, something like that ought to be simple when somebody double dips like that. stuart: do you think your legislation will work? it is adopted and signed into law do you think it will cut down substantially on the level of improper payments? >> it would a new won't root out all of it, government by its nature is bureaucratic, you plug one hole and see something happen in the other. we will talk about the farm programs and we have seen that but all you can do is keep going and fled in those holes. there are some rather big holes right now in these programs. stuart: are want you to listen to this. president obama meeting of the irish prime minister, at the white house moments ago. it is st. patrick's day, a tradition that we to get together but the president couldn't help but pass up the

opportunity to bash the republicans. listen to this for a second. >> i was hoping for a little luck of the irish as the republicans put forward their budget today. unfortunately what we are seeing right now is a failure to invest in education and infrastructure and research and national defense. all the things that we need to grow to create jobs, to stay at the forefront of innovation and keep our country safe. is not a budget that reflects the future. is not a budget that reflects growth. is not a budget -- stuart: do you think the president should be bringing up politics and beating of the republicans on st. patrick's day in the white house? >> regardless of what date it is, the president told the republicans on spending or budget just a bit rich. in the president's in you, we added $8 trillion to the federal

debt, we have deficits the president will brag have been cut in half but only because we had trillion dollar deficits just a year ago. you can take a lot of criticism but coming from the white house it rings a little hollow right now. stuart: thanks very much for taking the opportunity to pass judgment on that. thanks for joining us, always appreciate it. new york democrat steve israel is calling for an immediate ban on ar-15 rifle ammo. recalls the administration's decision to delay the ban cowardly and dangerous to police. what do you make of this? dagen: people were outraged the beer about paula of tobacco and firearms was trying to ban this type of ammo because they saw it as the beginning of a back door way to ban these assault rifles to begin with and backdoor

attempt at the beginnings of greater control over weapons in this country. "imus in the morning" when it was backed the war. that means to me that means we the people don't get to vote on this. congress, our elected representatives gets a vote and this is another administrative action. we are doing this. dagen: related to a federal statute passed in 1986 so they would be making a change to that but the atf said 87 public comments about it was trying to do and they were overwhelmingly critical of the proposal. someone else with the fraternal order of police, one of the executives in washington said any ammunition is a concern to the police in the wrong hands but this specific round has historically not pose a law enforcement problem. stuart: where do you stand on this? you are great reporter. give me an opinion. dagen: i am not in favor of gun control period. i grew up with weapons around the house and there are laws governing miss use of those

weapons, period. i don't have any now but -- stuart: standing of the coffee table. i am wiki. i am on your side. dagen: freedom to harm yourself. stuart: that is what makes america an absolutely unique country. where else in the world do the people have guns and bombs? to guard against an wrong government. dagen: this ammo in particular is used for target practice. i have friends who own these assault rifles and that is how this ammo is used. stuart: an article trending on wall street journal website makes the argument that kids need shores. you might think i'm crazy but i will make my case in just a minute.

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stuart: retiring from the runway.

>> she makes more money than he does. 47 million. 15 million more than tom brady made. stuart: walking away from a ton of money. >> that is where the big bucks are. >> a huge name. >> at some point you do not want to leave it all hanging out there. photographing all of your merging flaws. i see it more than twice. she is pristine. she is more beautiful than any supermodel i have seen up close. there is an ad from the "wall

street journal" that makes the case that children still need to do chores. you can read it in the "wall street journal." the panel will weigh in on this. did you have to do chores? >> no. i was asked to help out but it was nothing routine. >> absolutely. unloading the dishwasher. that was my main chore every day. >> did you get paid for your chores? >> i did. [laughter] ♪ listen carefully. i know this song. you may think i am crazy and i know why they are playing that. i have six children. nine grandchildren. i did not make them do chores. i think that my six turned out all right. >> they could have been better.

they could have been more responsible. >> let them do those positive things instead of doing those routine chores. >> make sure that they also help you out. >> what else did you learn from doing chores? work ethic is more important. >> all six of my kids have an extraordinary work ethic. they do. you may think i am crazy. cholesterol drops showing real promise in lowering the risk of heart disease. is that a breakthrough that we are really waiting for. look at this. 9:00 p.m. eastern. fox business network geared do not this strange inheritance.

she will talk with the family that figured out after he was dead that his dad was a winning furniture maker. >> a mogul that is ahead of his times. >> cutting-edge furniture designer. >> he fills one home with modern pieces. >> they jumped on it. they puked on it. they came in from the slimming pool and sat on it. >> a surprise from a lifetime.

[vet] two yearly physicals down. martha and mildred are good to go. here's your invoice, ladies. a few stops later, and it looks like big ollie is on the mend. it might not seem that glamorous having an old pickup truck for an office... or filling your days looking down the south end of a heifer but...i wouldn't have it any other way.

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be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcards.com. first round's on me. stuart: a triple digit loss. 178 is holding. scott shall have oil go much, much lower. national average for a gallon of regular 241. i am calling this a street for 10 straight days. gas gone straight down. where is the cheapest gas in america?

$1.85 .carolina. early tests suggest they can cut heart and disease risk and half. doctor marc siegel is with us. >> when you get news of this kind and half using proper. is it? >> i think that it is. dealing with information that comes from the clinical throttles. double blinded studies that you will see next. what they need prior to approval. it looks great. cutting down by 50%. failed works different. stuart: a different way of functioning. is that true?

>> absolutely. it works on the liver. >> at casa exhausts the liver is as bad cholesterol. the only caveat i have with it was about 1% incidence. 1% is not a lot compared to the benefit here. you cannot do that in drugs. wearing about the risk of diabetes. what if you cannot tolerate them. >> of proved by july and august. >> i could get these drugs by this summer? >> this is what it is looking like right now.

>> good cholesterol? bad cholesterol? the mac and shade in the liver. the good cholesterol gets rid of the bad cholesterol. it is the bad olestra that is lining your arteries. it comes from the gut and the liver. stuart: if i eat butter that does not give me a high level of that cholesterol. >> exactly. it goes to the liver. the liver stores it. this drug allows the liver to get rid of it instead of keeping it in the blood is in the liver.

get rid of it. change your life child. how about fruit and vegetables. this is a really promising new drug. i like it to that is what i like to hear. take a look at apple shares, please. launching a new apple sharing service this fall. michael robinson joined as frequently from san francisco. apple tv. one box. one remote. twenty-five different network. running all of my devices. getting the content of all my devices. sounds like a wonderful thing. i am sure that you agree. >> i absolutely agree. millions of families are going with this project a year.

whether or not it even make sense to have cable. you will go from being a true court cutter. this could be $2 billion in sales. that is a fairly conservative estimate. stuart: it is another revenue stream that could be built on an hour or two later. the apple watch and a couple of weeks. apple tv coming out in the fall. two new revenue streams. you are a huge ball on apple. >> i am. an enormous amount of momentum. people were saying that cook was overpromising and under delivering. now, it is just the reverse. we have not even talked about how volpe.

the thing about apple tv is they already have a huge installed customer base. it is just like, you know, it is a very high margin is this for this is the combination of these names really bode well. $2.85 a share by labor day 2016. stuart: is that when it becomes a trillion dollar company? a thousand $8000 share if it was not split seven-one. >> that is correct. around $170 a share. at this point it looks pretty likely. >> it is hard to get out. you talk about apple tv. i have it on my iphone. right next to that is my apple remote on my iphone.

it is sort of like the mafia. [laughter] stuart: careful. careful. >> it is the best global tech ecosystem on the consumer level in the world today. really nothing comes close. they do not have what apple has. they are a decisive product for millions of people. the millennial's, this is native to them. stuart: you are right. michael robinson, always a good guest on the program. forecasting 142 for apple. thank you very much. hillary clinton's e-mail scandal is not going away. whether or not she ever signed and exit form. judge napolitano has more on

this one for us after the break. >> it presumably has a file on every employee. >> how hard can it be? >> i understand why you are asking. i don't have an answer today. ♪

nicole: i am nicole petallides with your fox business brief.

we are up off the lows of the day. we are to the downside. 17,833. the nasdaq down seven. also waiting to hear from the fed tomorrow. let's look at some movers here. dow chemical. burlington stores and gsw. doing great today. weight watchers to the downside. a $5 price target. the stock is down 1%. ♪

stuart: latest in the robert durst's tog up. a letter not his recorded confession was a key piece of evidence. a letter, not that mumbled confession that you have heard so many times. adam shapiro is here. >> you have two letters around the same time.

first, a letter that the police received in 2000. sending them to the home of susan berman finding her dad. shot execution style. unknown until the documentary was a letter that durst stepson found. he wrote to his friend susan berman in which he misspelled beverly. the shows producers asked him about these two letters. here is what he said. >> i wrote this, but i did not write the canal for no. >> can you tell me which one you did not write? >> no. >> a handwriting expert that says that they are very similar.

that is what you introduce into the first agree murder trial. that seems to have far more impact. was he sarcastic? was he joking? i was not the best speller. dyslexia is a bad thing. stuart: thank you very much for delving into that one. a key piece of a fascinating story. hillary clinton dodging fox news question. roll the very short tape. [inaudible] stuart: it was short. [laughter] all rise. judge napolitano is here.

stuart: came to new york specifically. what is the significance of whether she signs that form or not? a sign that everyone must sign when they leave the government. there is -- she committed perjury if that. that is five years in jail. she was also exposed to a variety of other crimes. another set of crimes for diverging classified material away from the government custody to a nonclassified location.

>> it has been 49 days since she was asked, did you sign it or not. fox news has filed a request. the state department has 20 days in which to answer. i think she is legally impaled whether she signed that or not. stuart: suppose it was a rubber stamp. >> that would violate the state department regulations because she would say i did not sign it, somebody else did. she loses either way. the premise of the law is -- these are the government e-mails.

she would ask the government to surrender her personal e-mails and the government reviews them. she did the opposite. she had her people review them. which 33,000 to be destroyed. that is absolutely violates the signing. >> the whole paul and wax boils down to>> it is one of them. the most obvious one. if she sign that, the government would have a great deal of difficulty. stuart: isn't that a caveat? thank you. we know that she knew from day one of her receiving e-mails.

first two weeks on the job she did not do any e-mailing. she knew from day one that the e-mails were being sent to her husband's server. stuart: you are the point man on this. >> it has irritated me. if there is something here i have not i hope that i see it soon. stuart: thank you for being here. curious about the new apple watch? we have got the answer for you. a rental company renting an apple watch. $45 a week. we will be back. ♪

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>> the senate investigating the intrusion into the israeli elections. the ambassador of the united states with us tonight. 7:00 p.m. eastern. join us. stuart: are you dying to try out an apple watch but don't want to spend the money? we have a company that will let you try it before you buy it. $45 gets you a watch for a week. welcome to the program. i cannot rent from you right now. are you taking pre-orders? >> we are. we have a really big waitlist. >> we had this for over a week

now. over 2000 e-mail registrations. people calling in. they have seen it on a magazine or on a blog. it is a $350 minimum investment. they all want to try before they commit to buying it. stuart: i try it for a week. does the $45 off the purchase price? >> 25 off the 45 comes off the purchase. if you are getting the apple watch sport. the fee is $55. $35 goes to a purchase off the apple watch.

stuart: are you limited to how many apple watches you can get? >> we would love to work with apple. stuart: i am sorry. i am out of time. you have a great idea. you are a terrific indicator of how popular the watch will be. thank you so much. >> think you for having me. stuart: we will have more bargaining in just a moment. ♪ never before has this kind of passion this kind of innovation, engineering, design and performance... been available... for this kind of price. the 2015 cla from mercedes-benz.

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>> you talk to democrat and privately they will tell you that there is real concern. not so much about the e-mail scandal, per se, but the clinton e-mail funding. i think that there are a lot of bells in the democratic party that are going off. stuart: watch out.

key democrats are getting a little concerned about hillary's scandals. my time is totally up. on this st. patrick's day is she wearing green? cheryl: no, she is not. i am here for deirdre bolton. we are watching a big story for you. israel is voting on its future. speaking of technology, it has taken over the great state of texas. the latest in innovation. broadcast networks offering a webtv service.