>> yes. >> looking forward to that. >> i'm not getting up at the crack of dawn or before dawn or the middle of the night. maria: i can call you when i wake up. [laughter] have a good show. >> maria, thank you very much indeed. listen to this, the world's number one sport just blew up. bribery corruption stanley, it turned the soccer world upside down. good morning everyone. guess what? america hardly a soccer nation, but it's america which is leading the charge with arrests and indictments of the people who run the sport worldwide. what will putin do if they take the 2018 cup away from russia. wait until you see the rest of the story. we'll call the irs, the gang that couldn't shoot straight unless they're going off the tea party and hackers break into their computers and they the hackers, now have valuable information on you. to the market and a new reason to worry, i don't know why, the dow is up 110. but the 20-something guy, he runs snap chat.

he says we're in a tech bubble and it's going to burst. by the way, tech stocks are up today. and spam goes organic. well, hold on a second they bought an organic food company. heaven forbid they mess with spam. i was raised on it. "varney & company" is about ♪ don't you forgeted about me ♪. stuart: that's right, don't you forget about me. monday starting at 9:00 we're going three hours, can you stand it? same great show and a whole lot more of it. listen to this, everyone. crime and corruption in the world's number one sport. the world cup was for sale for decades. without getting into the weeds, ashley webster.

ashley: yes. stuart: give me the story. ashley: two investigations here. the big one, which is interesting first off, let me say this that it's taken this long for fifa to be brought to let's say justice. this has been long corruption bribery vote rigging, you name it. a big portion of this is in the united states involving fifa officials going back to the early 1990's where it's alleged that bribes and everything else was taken in the worth of $150 million. we're talking about getting kickbacks for sponsorship rights, for television rights are for cities being awarded tournaments and so on. this has been going on-- think about that the early '90s. stuart: that's the big scandals, offering bribes to get your country shall the host of the world cup. ashley: that's the second part of that. the swiss themselves are looking into allegations of bribery in order to win the world cupmentkupcup. now, we know that russia won the bid for 2018, qatar for

2022, numerous investigations have been done for the london times and british parliament which came out with proof, yes, there are bribes being made in order to win these bids close to the world cup. stuart: i don't see how you can go forward with the world cup, which is actually bigger than the olympics. ashley: it's huge. stuart: in 2018 in russia and in 2022 in qatar. ashley: they've already announced they're not going to change. stuart: fifa said this morning, but the whole point of this investigation is to find out about the bribery that went on to get those two countries to the world cup. ashley: absolutely. >> he have this-- they have no shame. come on fifa is run like a third world-- >> fu if there was any move to take away the world cup from russia in 2018 what do you think that putin is doing about

that. ashley: they can get a paper trail that points to the bribes made by either the russians or ka far in order to win the bid, i think then that would be in jeopardy. what would russia do? invade poe invade poland. [laughter]. >> we shouldn't be laughing. stuart: it's not a joke. what would the muslim countries say if it's taken from qatar in 2022. ashley: who gives a middle eastern country the world cup played in the middle of the summer, it's going to be 128 degrees in the shade. i don't know how they're going to do it anyway. logistically it's tough. stuart: i think we've convinced our american viewers, they're all americans. look at the big board. a rally will back to 18,154. now just look at michael kors for a second. disappointing outlook, slow sales growth. down it goes. i think of this company like

coach, pricey products just within the reach of middle america. kind of an aspiration alal company not good news. >> i think they oversell and it's shopper's fatigue. it suddenly lost a little bit of its shine. >> you don't like the purses? >> i like them, but i don't wear them anymore. stuart: look at tiffany. the profit sales there down not down as much as expected. look at it go. up $9. that's 11%. we're told that tiffany was hit by a strong dollar, but if that's hit by the strong dollar, whoop-de-doo. i'll taking hit by a strong dollar for that. now, look at this a graphic for you. huge valuations on some of the biggest new tech companies. uber. now, we're putting it at $40 million. i heard 50 million actually. if we got 50-- $50 billion is the valuation, incredible.

snap chat $15 billion. pinterest 11 billion it's a long list actually. now snap chat's own ceo, evan spiegel, is warning that these huge values. ashley: 12. stuart: i think he's well past his teens. ashley: is he? okay. stuart: he says all the high valuations are a sign that we're in a tech bubble and offering a warning because as we know bubbles burst and people can lose their shirts. mary, he says we're in a buzzle -- we're in a bubble because of six years of dirt cheap money. >> yeah it's interesting that he fingers the federal reserve, isn't it stuart? i think he's right about that, but there's another reason why a lot of investment has been going into tech. the internet until this administration has been largely free of government interference, government regulation, so you had this great flowering of apps and flat-- platforms and devices that entrepreneurs took advantage of it. that's changing now, but back to his point, he's right to

finger the fed. stuart: when he says it's a tech bubble a lot of investors get very very nervous because some people have made a great deal of money out of technology which have indeed gone straight to the moon. should i sell get out while the going is good? take the profit off the table? >> the problem is where are they going to put their money? this is the problem with easy money right? >> not a lot of return out there. >> this has been a lot of-- >> i would take going into cash with no return versus staying in technology stocks which drop 10 or 20%. >> you're at a different stage of life stuart. i'm going to have a different risk profile than stuart varney would. stuart: i think we've owned up a pandora's box. not happy with it. we will develop the theme later in the show. the irs has been hacked criminals have been able to access tax return information from more than 100,000 taxpayers. maybe one way you could use the information if you haven't

filed or ask for an extension. put off filing the thief could jump in file in your name using this information that they've hacked and then reel in a refund check. this is what the last-- not the last, but one of many scandals. ashley: many scandals hitting the irs. what's scary is how easy it is for the hackers to get in. it's the get transcript for tax returnsment they get your social security, whatever get into the app and get all of your tax information and then filing for the tax return. stuart: wait a minute, if i've got an app on this phone here i don't know what the name of it is. ashley: get transcript. stuart: get transcript and it's got my tax information inside the app. ashley: right. stuart: the hackers get inside that app and use the information. ashley: that's exactly how it works. >> stuart, remember we expanded the irs's powers underobamacare. we're-- so, it's a big lumbering inept

bureaucracy, we've given them more responsibility. stuart: we've got a jam-packed show. the conversation has flowed. more stories we need to get to lauren? >> i do, and elon musk and spacex may launch satellites for the pentagon. spacex can launch military satellites and they can can compete for a these from boeing and lockheed martin. it may drive down costs for taxpayers. disturbing video what can happen when you trust technology too much. take a look at this gray volvo. it's supposed to self-park. that group of people watching it look look look. stuart: oh. >> the car winds up smashing into two of them. one obviously got hit very very hard. but for some reason that car was not hooked up into pedestrian did he text technology. >> no kidding. that's one of the reasons that

caused that to happen and it's going to happen again any second now, really startling. because you want to eat healthy, i think, hormel the company that makes spam plus dinty moore stew and other things are buying the all natural organic producer applegate farm. 770 million is the price tag. hormel is having a nice day. $2. stuart: i was born and raised on spam. ashley: me too. >> what? >> i'll tell the story. when i was born right after world war ii there was still food rationing in britain and we lived off stuff americans sent over including spam. look at me now, is there anything wrong with spam. ashley: you're not eating spam anymore. >> i grew up on pruscuitto. stuart: on what? >> pruscuitto. stuart: spam should be fried, by the way for maximum enjoyment. along with all other british

foods. [laughter] >> that's very true. stuart: put the big board up. >> the food in britain. stuart: there you go we're up 100 points. let's not ignore that while we talk about spam and soccer. let's not ignore. listen to this isis suicide attack in iraq killed at fallujah. marines taking that remember that name? one said he had an isis convoy in his sights, but he couldn't fire because of bureaucracy. questions for lieutenant ralph peters how do we fight and beat an unconventional enemy like this? the colonel is next. first though look at this please. it's in texas, it's a dam and it's in danger. water flowing over the top from heavy rains might breach. precarious situation. authorities are warning, could

it fail at any minute. livestock down river they've been told to evacuate just south of dollars, fort worth area. part of the dreadful flooding in texas and oklahoma.

>> a modest rally. up 107 points. 18,149. the price of oil still, i say well below $60 per barrel. right now we're in the region of 57 $58 a barrel. 57.87. down to 57 on oil. gas, again moving ever so slightly lower. the national average for regular is now $2.73 per gallon. and again we have to tell you that the cheapest gas in the land is a buck 97 and in texas. time is money, three other stories for you, here we go. bill clinton a report revealing he used an accounting trick to move around his consulting fees.

legal? yes. remember when mitt romney was demonized for doing exactly the same thing? think the clintons will get the same treatment? we'll see. you heard it yesterday, presidential candidate rand paul calling for a top individual tax rate below 20%. don't tell that to bernie sanders he wants it at 90%. next hour a $500 million house full movie theater, 5,000 square foot master bedroom. is this just a headline grabber or is this thing really going to get built? that's an artist rendition. they haven't built it yet. isis suicide attacks in anbar province killing 17 iraqi soldiers outside of fallujah. an f-18 pilot tells fox news there have been many times when he had isis fighters in his sights with a missile under his wing ready to go, but he couldn't fire because he didn't get the necessary clearance. bring in fox news strategic analyst lt. colonel ralph

peters. ralph, are we equipped? are we capable of fighting and beating an unconventional enemy like isis. >> you asked two separate questions. are we equipped? yes. are we capable? no. the fundamental problem, ash carter brought it up he triggered a cascade of events when he said the iraqi lacked the will to fight. he's absolutely right. and the general of the iranian revolutionary guard retorted the americans lack the will to fight and he was absolutely right. the problem we've had, it pre dates the obama administration although it's intensified greatly under the obama regime is that we have created through political correctness a risk averse military. and-- >> ralph, forgive me for interrupting you, but it's not -- surely it's not that we've got a risk averse military it's that we've got a military run by lawyers who create rules of engagement which stop us

winning. isn't that also the truth. >> absolutely true, but obviously the military at the top leaders, commanders generals, too many colonels are risk averse. let's look at ramadi. the united states military today could not have done could not have pulled off an operation that's the islamic state pulled off in ramadi simply because we don't have the culture of who dares wins of risks, the audacity anymore. it's worry about, oh we can't create collateral damage no civilian casualties no friendly casualties. when you go to war, if you must go to war, you've got to fight to win. we've created these namby-pamby generals more worried about the culture in washington than winning the wars. in ramadi, it was a daring operation militarily they used sandstorms, shock, surprise simultaneous huge suicide

bombings, sleeper cells in the city. a beautifully choreographed effort and used psycho terror because iraqis knew what would happen if they got captured. they took a huge risk the islamic state fighters were grossly outnumbered in ramadi and took a risk and it paid off hugely. we no longer take risks. stuart: okay what do you make of this? i've got a report from the united nations reported on fox news earlier this morning. united nations says, half the countries in the world are supplying isis fighters and the size of isis the number of people has got fighting for it have gone up 70% in the last year. that is not an organization that's in retreat. that's not the jv team. that's an organization which looks like it's really winning. >> oh it is winning. there's no with did, the islamic state is winning. it gets stronger all the time. it learns in all operations and we're talking as if it's just a terrorist organization. this is the caliphate is real.

they've got highly skilled fighters, far more skilled than the iraqis and more skilled than the iranian revolutionary guards and we still do not take a seriously, but still, we've talked about this before stuart. everybody loves a winner and with an islamic state on a roll, it's attracting more and more recruits from around the world and there's a key message difference between al qaeda and islamic state. al qaeda said sons of allah, this is going to be tough, it's going to be work. islamic state's message is hey guys this is going to be fun. stuart: oh. wow. well, ralph, thank you very much indeed for joining us as usual. i think you spelled it out correctly. thank you very much appreciate it. >> thank you stuart. stuart: yes, sir. i want to get back to what is really a really tense situation in texas. the dramatic pictures earlier this morning, these are pictures from earlier this morning. i believe the situation has actually gotten worse.

this is south of the dallas-fort worth area it's a dam under threat of record heavy rains and it could breach at any moment. authorities warp and told residents to evacuate. highways in the area are shut down down. >> please stay out of harm's way. we've seen the effect of the power of water as it flows downstream because of the possibility of water flowing downstream of this dam, it's essential anyone near that area to stay out of its way.

>> really dangerous flooding in texas. 10 inches of rain falling in some areas, parts of houston flooded. roads closed homes damaged. 17 people dead. even the head of houston's red cross was cleaning up his own home from the damage. look at this. >> we had friends were church and the neighborhood coming together to help us clean out the house and rip out the carpets whatever we need and that gives you hope and comfort and each day in my career i get to do that so it's kind of nice to be on the receiving end. stuart: all right, fox news will is live in houston with this. give our viewers outside of texas an understanding of the situation in houston, how bad it is. go.

>> hi, stuart we're in west texas. i'm on an on ramp that heads up to interstate 610 and they've been draining flood waters from here all morning and just in the past couple of minutes we actually found out that about 50 feet from where we're standing right now, they just found a body so that goes to show you exactly how fluid the situation is the death toll continuing to go up. we're also seeing that truck in the distance swept away by the flood waters here at least 750 cars across this area had to be towed after they were abandoned here after 11 inches of rain pounded this area in a few short hours. we can tell you 4,000 properties were damaged. five people is the number that we're told that had been killed from this we believe that number will go up now by at least one in the houston area 15 people killed across texas and yesterday, where i'm standing now, it was completely underwater and you can see the debris going up the walls on the interstate on the side of this on-ramp almost all the way

up to ten feet. about the size of a basketball. at the same time a lot of people are on that dam. 30 minutes southwest of dallas. that breached and could potentially break in the next couple of hours. there are two dozen homes down wind of that dam so potentially more dangerous situations throughout the reach of the day stuart. stuart: thank you very much indeed. next hour former fema director michael brown will join us for more on this. he'll tell us what happens if that dam actually breaks. 30 minutes from now michael brown. bill clinton using a legal accounting tactic for some creative tax avoidance. mitt romney was attacked for doing the exactly same thing in the last election. do you think that bill and hillary will get the same treatment? >> when families are strong america is strong. i did not have sexuality relations with that woman. >> what difference at this

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dream to the triple digit modest rallies 105 and donald is going to stop reporting mostly sales.

that's interesting. june will be the last. stocks are 98. new financial records show bill clinton was using a secret shell company with no assets or employees to collect payment for his good ultimate speaking fees. funnel it all into the shell company. joining me is daniel alpert. i want to know what the shell company is all about. what was bill clinton using it for? >> we have all talked at length about the clinton speaking fee and the amount of money he's made by giving speeches around the world. we have attacked so much about the money he's made consulting companies. like casey wasserman, steve's been as well as his own former dub band consulting fees appears to have gone to the llc named w. jc for william jefferson clinton limited

liability corporation in which he was able to receive tax benefits and shield themselves from some of the potential lawsuit liabilities that might have existed. sure into if the money flow didn't come it wasn't bill clinton you pay tax on it. it is a form of tax avoidance i would imagine. >> obviously it all appears to be legal right now. these are people who write the tax laws and it means that they have because they are part of the super wealthy, to do things that other people might not know about or might not have the means to do themselves it shows a separation into how they live their lives as do the 1% as you say how the 99% tend to live their lives. stuart: where is the outrage here? mitt romney did the same thing. he blasted for it. it affected his candidacy and now bill clinton doing the same thing. is it a double standard?

>> total double standard. they help try to establish social welfare programs to help those who are most in need get a little bit of a pass. when it comes to doubles and are, the republican are seen as the people of the big corporations and big business and just the perception alone shield them a little bit and gives them the cover mitt romney himself didn't have. i think we will find more similarities between the clinton finances and romney finances in terms of foreign investment and foreign money. moore is going to be uncovered as the campaign regresses. stuart: so you've got a lot of money, hundreds of millions of dollars from foreign governments, corporations into the foundation tax advantages all around. a huge chunk of money sitting there. what do bill and hillary clinton used the money for? >> we don't know what they spend

their money on. but they were dead row clean in the white house. stuart: don't they fly around on private jets? >> they lived a luxurious lifestyle. we can see they stay in nice hotels, they have expensive transportation but it's expensive to keep aides around. they live in expensive lifestyle is created for themselves. some of the money goes to pay that off. otherwise it does appear they are sitting on a heap of money to use as they want to which is fine except hillary clinton was secretary of state while bill clinton was taking the speaking fees money from foreign government and it does look bad. it does suggest there are questions of impropriety as to whether she is receiving benefit -- her family receives financial benefits and question some of the decisions she made a secretary of state. stuart: must be fun to live high on the hog tax-free.

daniel, thank you for joining us. we appreciate it. stuart: all rise. judge janet napolitano is here. >> how the rich spend their money. stuart: wait a minute, what bill clinton did for me in the shell company is not illegal. if the tax avoidance? >> it would be lawful tax avoidance the use of the corporation to pay the bona fide legitimate expenses of the corporation. your statement is absolutely correct. this is not done by common folks. this is usually done by people who received a great deal of money and that is not taxed. it goes to their corporation and then their corporation makes some bills and pay some profits. and they pay taxes on the

profits. stuart: does everybody do this judge? >> it is not uncommon for people at their level of income to receive their payment for services rendered through a variety of llc is limited liability corporations, one which is this one this man was talking about recently revealed. it is not only lawful. it is common and advised by prudent financial planners. what he did with this, how much money came through did any of the money go to her? did any goes through while she was secretary of state because of decisions she made? we don't know the answers to those questions. stuart: one intrigues me is the politics. the double standard. if romney is castigated. rich guy living high on the hog avoiding taxes. and bill clinton can do whatever

he likes. stuart: did you expect a more consistency or intellectual honesty from bill or hillary? stuart: is this a trick question ? you've got that look on your face. is there anything else on your mind? >> no, nothing else on my mind except i love your tie. stuart: that is a total dodge. are you willing to condemn the clintons for what they are doing? >> not for the use of the so-called shell corporation. stuart: do you approve there for a tax avoidance by anyone and everyone on the ground as fast. as he said many times. >> i would approve of lawful tax avoidance. not tax evasion. that is a crime. claiming of income and expenses consistent with irs regulations of course one should do that and that is what he did here.

stuart: and you approve of this in the case of bill clinton? >> yes. don't you? [laughter] stuart: what i want is an end to the double standard. mitt romney was wrong. >> the double standard is that she and he has condemned and republicans what they have done themselves and there's nothing wrong with republicans doing it or then doing it. stuart: i think he should be a huge issue in the forthcoming primaries and elections. >> it probably won't be. i don't think this'll resonate with the great majority of voters. this issue resonates with people that have 50 $60 million don't know how to receive it in their bank account. why do you have him on the show to talk about the morality of a 90% tax rate. stuart: yesterday, you and i

were talking with ray and paul and they said he wants to talk for federal income taxes to be below. >> i've never seen it look of "glee" on your as i did yesterday. judge, your time is up. down comes the gavel. pope frances about to kick off his big climate change awareness tour this summer. that presents quite a problem for republicans. here is the question. when this policy interfere with spirituality? ♪ ♪ a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit?

can a business have a soul? can a business be...alive? right now, the unthinkable is happening. faithful christians are being kidnapped, tourtured, beheaded and crucified simply because they are christians. this is genocide and it won't stop unless we do something about it. at the aclj, we are the frontlines in washington at the un, and in the region advocating for those who cannot defend themselves. but we cannot do it alone, we need your support and we need it now. go to aclj.org right now and help us fight to restore christians to their homes and families. the aclj has the global resources to engage the decision makers fight against persecution, and protect the faithful christians in these regions. with every passing minute the threat against christians grows and intensifies. we need your help to get our leaders

to understand that christians overseas are under attack and need our help. you can help the aclj stop the senseless and evil persecution. call the number on your screen or go to aclj.org reporter: your fox business brief. the dow jones industrial business brief about up 100 points. we are balancing that three quarters of 1% at 21 10 on the nasdaq up 47. 28 and 30 names have barrows including microsoft and apple leading the way. merck, ibm a lot of tech names leading the way. resale on the other hand during these hours around is weighing on the s&p 500. a multiyear low they are.

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stuart: this special fox business report allegations the faa is bending the rules to get a more diverse workforce. all of this when the faa needs to hire 1000 new air traffic controllers per year for the next 10 years and to pay not too shabby. adam shapiro has details on that which i find intriguing. >> these are six-figure salaries. let me tell you the states you want to be and if you get a tt job because the system appears to be ready to appoint uncover the cheating that took place. california has got over 2000 air traffic controllers. florida, new york, georgia and then indiana. you've got a major hub there in indianapolis. how much do you get paid? let's roll the dice. median wages 122340. new hampshire air traffic controllers making 137000. some are making more than that. virginia 136,000. georgia 134000.

new york laguardia jfk newark 132000. ohio, cleveland, one of the major centers for traffic control. stuart: leave that on the screen. why do air traffic controllers and new hampshire get more money than anybody else? >> the air traffic control center which is part of boston, part of logan airport has the airspace that is much higher, planes moving faster. air traffic controllers have a degree specialization that exceeds other air traffic controllers. for instance in virginia the reason they are part of a national command and they do centro pro. if a center were to go down it would go to the center and the virginia maryland area. they have special restriction and security clearance. stuart: you should mess around with the qualifications. you should not be doing that. adam good story.

thank you sir. in my opinion often expressed on this program the pope is getting political and that may be a problem for catholic republicans ahead of the september primary. bill donohue is president of the catholic league. you represent the clergy. i am saying the pope is being political and he should do it when he issues policy about climate change. i say he shouldn't do it and you say? >> most catholics would probably tend to agree with you. the pope was supposed to be speaking to faith and morals as to whether or not climate change has moral implications. surely it does. one question is also about the weeds. how deeply you get into this? they've taken a macro position when it gets to the big issues like the environment. when you get specific, that is when most catholics say the pope

risks the own authority and credibility at that point. catholics are not required to accept everything the pope says. stuart: when i go to church i could have my soul saved, not to have made vote counted him place. so i don't appreciate the clergy the spiritual people getting into policy discussions. i have a feeling that the pope leans left and he's putting that out in a significant way. >> he does. in defense of him it's almost electable that the pope will address policy issues. let's look what happened in 2004. a man by the name of cardinal just arrested are said he cannot agree with abortion and euthanasia. whether this is a just war and other matters you can have disagreements. pope benedict the 16th. that is the previous pope speaking. what i get a kick out of this the catholic left which is soft on abortion is not pro-abortion.

i could name the names included in the whole of nuns. pro-abortion groups. these people now tell the rest of catholics who are more conservative in accepting the catholic church teachings that we have to get in line and listen to what the pope says. i've never seen funds interesting fidelity to the hierarchy in my life coming from people who scream the pope has too much power. stuart: a lot of catholic people in the united states don't want this policy shift on the part of the pope, engagement policy, is there pushback? >> there will be pushback on the bigger issues. climate change will be ignored. quite frankly this is bizarre to me. stuart: at the most immediate threat to our security. >> i'm worried about the guy in the middle east, the muslim barbarians. no this is where the pope risks the attrition of his own to teach. if he gets too specific outside

the domain of faith and morals. it's risky business. he is coming to new york and washington and philadelphia 10 of september. stuart: you are in a difficult position. and i just do you write in it. >> i am not going to lie about it though. stuart: i don't care what they say. we appreciate your participation. it's a fascinating issue. >> fascinating man. stuart: he has. senator rand paul wants the tax rate to be below 20%. the other guy on the screen of socialist bernie sanders is okay with 90%. we will have a civilized discussion on this enablement. believe me. ♪

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stuart: a reporter asked presidential candidate ernie sanders is 90% tax is obviously too high. he replied with an immediate know. meanwhile, as the republican presidential candidate rand paul

said when he joined us yesterday. >> that good. but i would go lower. we will be producing and releasing attacks planned in the next couple weeks they will be the most dramatic shift in the taxation policy of our country. the biggest simplification, the biggest tax cut in our history in the next couple weeks. stuart: we are talking top tax rate. 90% versus below 20%. >> grandpas 17% single flat tire tax rate on individuals and businesses. he would do away with most tax breaks to make up for the lost revenue. how great would that be. on the other hand mr. sanders says 90% whether that is too much. he says no. it is obscene without the income generated today goes to the top 1% of people. we know what happened in france. everyone dumps they are passports and want to get to belgium.

he became a russian. stuart: i think there is a moral element. i don't think any government anywhere regardless of how much you make should take more than half of your income in income taxes. that is terrible. 90% if you earn over $400,000 a year in america, you are starting to pay the top tax rate around 43% with surcharges. he wants to say every 1 dollar over 400,000 that you make the government will take 90 cents. you get 10 cents and he takes 90 cents. where is the morality? ashley: there is no morality. it's ridiculous. stuart: what about the people who work hard build themselves up for nothing. ashley: contribute to the disparity of this economy. stuart: w civil.

thanks ashley. ashley: my pleasure. stuart: a dam in dallas could break. the correct term is burst. we will ask the former fema chief mike brown what happens if it does break. he's the man from the emergency people to tell us. brian killed me fired up about the scandal and corruption in soccer. big developing story. does he think the world cup should be used to the united states? around two and a half minutes away.

stuart: headlines this noon hour. a major dam out by dallas could fail at any minute. former fema director joins us in a moment on this subject. you are watching live right now. the irs tax 100,000 tax payers expose how will the hackers use the information. we will tell you. iraq tries to take an bar province back for my essays.

general jack keane on how to fight this new enemy. scandal and corruption, the world cup for sale. the americans are the ones despite the fact america is not a soccer loving country we are the ones making the arrests in the scandal. a billionaire tells college grads, take a year off. go travel. is that the device? is it realistic? millennial spillway n. a big noon hour and it starts right now. ♪ it is a real-life drama playing out right now in texas and you are looking at it. heavy rains already 17 dead for massive floods. south of dallas, high waters threatening to bring down that. it is close to the town of midlothian, texas. homes evacuated, livestock move

to higher ground. texas governor greg abbott is urging to stay out of the way. >> please stay out of harms way. we have seen the effect of the power of water as it flows downstream because of the possibility of water flowing downstream of this, it is essential to anyone near the area stay out of its way. stuart: joining us now is the former director of emergency management organization under george w. bush. his name is michael brown and he joins us at a crucial time. what happens if the dam bursts? >> -- break loose. as governor abbott does people don't understand the physics of water in the power of water. it has the ability to take homes and buildings off the foundation to people who will literally disappeared and they found 10, 15 miles away from where they were swept into the water. i imagine what is going on right

now emergency operation with the fema emergency operations center in denton and monitoring. the u.s. army corps of engineers are on alert -- the dam does break, the corps of engineers will start moving in to try to fix the breach as quickly as possible. it is a precarious situation and people should take governor abbott's word seriously in debt of the area. stuart: what happens next? i'm trying to think this through. the governor is saying get out of the way evacuate homes, move livestock. what do you do with all those people in the livestock? you are in the management field or you used to be. what do you do? >> well, there is nothing the government does at this point because it is an individual responsibility for people. let's say farmers they have to take their livestock and find

another farm another facility. people have to find places to stay with relatives or friends. they have to find hotels or apartments to stay and temporarily. right now, people have to do things on their own. this is an individual responsibility. dam breaks and is property damage and loss of life it comes to the point where governor abbott requests a disaster declaration and the government will step in and the government may provide temporary housing and temporary relief. that is always after the fact and that is why right now people pay attention to governor abbott and stay away from the area. stuart: we been showing pictures while you talk about the scope of the event all across texas in the houston and dallas area. can you give viewers some understanding of how bad this is? a lot of people outside of texas

are not fully aware of the scope of the event. >> well, stuart, let's go back to 2001. a storm hit the houston, galveston area. cost hundreds of millions of dollars. it was a $9 million event. fema and taxpayers spent hundreds of millions of dollars fixing the university of texas medical center. to be honest they had done some poor planning. inexpensive labs below grade and to this day in houston i don't know why, but they still build highways low grade. they still don't have a good flood plane management program. even after tropical storm alex and we often fail to learn the lesson and put the money into the infrastructure we should put it into as opposed to silly parks we really had to do flood mitigation.

texas gets an average of 45-foot to year. stuart: michael brown, former fema director. thank you for joining us. we appreciate it. stuart: where are we now? wednesday lunchtime in the dallas dishes of 118,150 is where we are. huge valuations for the biggest technology. huber valued at $50 billion. supposed to be part of the sharing economy. it is a car service. $50 billion. snapshot $15 million. interest $11 billion. snapshot's own ceo evan spiegel is a 20 something i believe is warning the huge values are in a tech bubble. it is a warning because bubbles popping you could lose a great deal of money. i know that you're usually concerned with commodities.

the idea we are in a talk bubble is intriguing. you think we are? >> i think we are. it's a game of musical chairs. there opportunities to make money but at the same time you can't have the world's largest taxi company not known. the last time we had a bubble like this we had an expansion. now we have arguably contraction or at least no growth in the economy. the tech bubble has gotten away from us. there will correct itself. we've had more and more days like yesterday on the market comes back again. stuart: why is the dow at 18,150? is it because of flooding the market with money, the federal reserve? >> the federal reserve the federal reserve has pushed people who normally wouldn't invest in stocks out of the risk curve. a lot of folks have too much exposure but they have to because there aren't any more

yield today. it is pushing people at the yield curve by having the market flooded with cash. stuart: watch out everybody. that is the message today. the irs has been hacked. criminals able to access tax return information from last year for more than 100,000 taxpayers. if you haven't filed taxes yet or requested an extension, the thief could file in your name and get your check and creative check that comes to you. qualified ceo is with us. i just tried to explain how some of the information could be used against taxpayers. if you haven't filed yet you file for an extension. the hacker could jump in and filing your name created tax refund. you are left in a real mess. is that how this plays out? >> from the moment i got the

call about coming on today, i've been waiting to say this is it. you've always know why. tens of millions of people data has been to win. the information came from the target data breach. it came from chasen and dominate came from chase and implement it but the staff together. it's at the data brought $100,000 of data profiles and used it to get into the irs last year to get returns the number of fraudulent tax returns this year. stuart: this time around they got in through an asp. it contains all my past tax records. so they've hacked into the out. >> it is through the government. it is through the irs. you have commissioner koski then blaming third-party companies like turbotax and rings like that when the irs themselves fail to employ the most basic firewalls and security systems

to the same stuff in the irs return is used to see what it's for lunch for your. train to the irs is that primitive? >> they are using static infoedge based authentication. tell us the last address to the data. i could find about your last address in five minutes. stuart: what is the cybersecurity bill going through the house and real fast, with that fix this? >> the last thing you want is for the government to control any data because they've proven time and again they are not capable of doing so. until they change how they secure our data i do want them to have my data. the bill is going to give them more control. what they are asking if the private sector is going to share the information that flows through databases with government. stuart: we will have you back. thank you very much indeed.

train to most people who graduate college had strayed into the job market or they try to. they hope to. that is for sure. we have a billionaire hedge fund manager who has some advice. read it on the screen. go do something different. go to the motorcycle and take photographs. create a story where you learn something. i'm a big fan of the gap year. take the year off a gap year as they call it. let's bring in our mobile meals. charlie cook. charlie it seems this guy is a billionaire. he is talking to students just graduating and i say get out there and travel. not everybody can do that with debt around there now. what do you make of this? >> that's a great point. however he was making a broader argument before or after college. he seen the same type of corporate cardboard cutout

graduate at the same resume in the same type of background. where is the differentiation? or is the record entrepreneurial system is to differentiate america from the rest of the world. having a gap year before you enter college or after you graduate could add a lot of value not just yourself in the job market but who you are as a person and use what you learned in college in the real world and consider different estimate global good. he makes a great point. is the current way we do things help in the generation? stuart: i have to tell you that is what i did after i must college. i never went back to being thin. lisa, what do you make of the gap year come again and travel. >> it sounds great in theory, but putting it in practice it's incredibly difficult. if you look at the unemployment rate for americans between the ages of 20 tonight 29, increase

significantly premiers 2013 tonight 24 team. they increased from 11% to 12.4%. look at those of bachelors degrees. it creeped up to 15% last year. it's incredibly difficult for students to do that you need to get into the job market. stuart: do you think it said good idea? in principle is that a good idea? >> i don't think it's practical. as we mentioned, the cost of 2015 is the most indebted class ever. the average student has around $35,000. if you owe the money, it's incredibly difficult to take a year off and travel. stuart: charlie, i have to tell you 60% of students graduating

expect and want help from their mom and dad. what does that do to a gap year? >> a gap year argument should be focused right out of high school more so than out of college. you look at statistics here to students to take a gap year before entering college and have been more mature, more self-reliant and less dependent on parents are government and these upon graduation. it is more practical. but still hypothetical. what if you spend $10,000 travel the world or take a $10000 student loan debt and get a degree that doesn't matter out of high school. having real-world experience is much more practical and relatable in this job market. stuart: barry interesting example. we will be back. major corruption charges that the organization that runs the world's most popular sport. why i think it means a world cup could be coming to america.

stuart: yahoo! hit with a class-action lawsuit. accused of snooping on e-mail sent to yahoo! mail subscribers and selling them her mission to advertisers. yahoo! is actually 23 cents. loughery ticket sales down in 18 states. that is interesting. cheryl, why is that? >> basically those that play the lottery, they are thumbing their nose up at a $100 million jack pot. they want the $300 million jack. basically lottery sales in general are falling and 18th save been had. stuart: you are sane people are migrating away from individual state -- >> they are waiting for the mega-millions in powerball. they want 300 million. that is when you get the volume of ticket sales.

a casual lottery player that maybe six months ago would i different types of things. they are waiting for the mega-millions. it is hurting state revenues to the tune of $130 million the last year. stuart: it's the best way taxing poor people. >> they are not helping us out. stuart: crime and corruption. soccer is in absolute turmoil. brian killed me -- is here. it now involves bill clinton. >> i think it's going to go well. now you find out bill clinton is a huge soccer fan. you will always see them at the world cup's. he was heading up the man's bed to get the world cup for the united states of america in 2022. the rumor was he was so angry he smashed a.

by the way, sooner or later, cutter whose innate donator to his foundation ends up making a donation between 250 to $5000 to his foundation afterwards after this is done. stuart: they got the world cup in 22. >> no infrastructure, no stadium spirit a desert nation getting a summer tournament. >> they bribed a lot of people to get it allegedly. >> e. 60 espn has 1.4 million going. stuart: bill clinton one of the world cup to come to america in 2022 and gave money to his foundation. it doesn't make sense. >> at lot like the clinton cash book. this is where the money went. do we have a direct link? now but also a logic. this coming across as this

morning and 1030 press conference. stuart: i don't think they will keep the world cup in 2022. i think you will probably come to america. >> it's the only place to go. we ran the most successful world cup after in 1994 when no one cared about the world cup except stuart varney and you were still in cutoff jeans running around public pools. stuart: i remember from the 1994 world cup interviewing a british official about the world cup in america. he wanted to change the goalposts. the americans wanted them to change the goalposts so more goals would be scored. >> was still made a ton of money and instead of kids group encourages it goes to rich people's pockets. stuart: thank you indeed. a real estate developer planning to build a $500 million home in los angeles.

a publicity stunt. cheryl is here breaking it down. that's the way it's supposed to look. will they really build this thing? back in a moment. ♪ time upon a once people approached problems the way same. always start at the starting. and questions the same asking. but that only resulted in improvements small. so we've got some ideas new. garbage can create energy. light can talk. countries can run on jet engine technology. when you look at problems in ways different you new solutions find. ♪ ♪

build a $509 home in los angeles. movie theater, 30 car garage, 5000 square-foot master bedroom the list goes on. are they really going to build this? >> oh yeah. this developer is mild naïve and. he's a film producer. he's a bit of a high-end flipper i guess you could say in los angeles. he actually has done this before. it's got 360-degree views. it's got views of l.a., beverly hills. he is asking $500 million. if you will get $500 million this separate. he has been built yet. they are breaking ground.

the size of a two man not surprised by this. but everything in the hamptons? what have we seen in new york and london? $147 million mansion is old in the hamptons last year was balky at the $221 million penthouse in london. that went through. this is the new age of luxury real estate. stuart: you know if he's dealt in a sans backward as they have a particular buyer in mind? >> now that's what he does. he doesn't have a buyer in mind. his plan asking price as of now msn today is going to be $509. it should be done in 18 months. think of technology. think of chinese buyers. i'm sorry but i believe he may get close to this. will he get $500 million? i don't think so. he will get close. i'm always shocked by the next

mansion at un keeps happening when becoming a believer slowly but surely. thanks. stuart: check out big word. we will still rally triple digits. 18151. isis suicide attacks in falluja and our fighter pilot with isis in their sites being held back ]-right-bracket tape. general jack keane is next. how do you defeat radical islamic terrorists and in what we called asymmetrical warfare? >> when you go to war if you must go to war you've got to find the wind. we fight these namby-pamby generals were more worried about the culture in washington than waiting wars.

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. stuart: big problems in texas after heavy rain. you're look at a dam south of dallas could burst at any moment. texas governor greg abbott closing roads down river from the dam. calling for residents to evacuate move livestock to higher ground. 2500 homes in harm's way at this hour. the scandal at international soccer. the clinton foundation received up to $100000 from fifa that's the soccer governing body which is in all this

trouble, and the qatar 2022 committee gave up to $5,000 to the foundation in return for marketing and other deals from fifa. big board, dead steady at a gain of 109 points for a half hour. oil, the price well below 60 bucks a barrel. gas down slightly overnight, still at $2.72 for the national average. i'm going to stay on money. astronomical dollar values on the biggest new tech companies. uber 50 billion, snapchat 15 pinterest 11. snapchat's ceo warning that the huge values are a sign we're in a tech bubble. shah gilani is here are we in a tech bubble? >> yes we are, we've been in one i think it's going to increase. evan is a smart man at 24 years

old could have sold his company to facebook in 2013 at 13 valuation is closer to 15. this is getting too much, too rich. pointing to the venture capital firms that are pouring money on the new companies. the young tech companies and the idea is similar to what we were doing prior to 2000 acquiring eyeballs and he says there's not enough advertising dollars to justify the valuation of all the social media companies it's not there. >> you think tech bubble exists. >> yes. stuart: tiffany for example leading the s&p 500, it's an upscale company, obviously supposed to have been hit by a strong dollar. look at it go. up $10 at 95. deal with that in a second. michael kors, biggest drop for that stock in a long time the s&p 500 biggest loser down $14 at 46. would you buy either of them at both prices? >> i wouldn't by tiffany.

it's seen half of the move i expected. they're not impressive in terms of what they've done raising prices. that's great. how long can that last? they are opening more stores added to the jewelry line. maybe 103, 105 at the most. it's going to have a lot of resistance. michael kors beaten down i started buying it this morning. no debt, valuation wise it's half of what you would pay for tiffany it's got tremendous opportunity ahead of it. stuart: how about spacex they're going launch satellites for the pentagon they've had trouble with elon musk that does tesla trouble with the door handles and those stories. would you buy tesla? i think it's 249 at the moment. >> tesla scares me love the cars, the technology, love elon musk. i love spacex the tesla stock is overpriced. >> he lives on government tax credits. >> yes, he does that's true.

that's part of his genius. stuart: okay! if you say so. you would buy tesla at 246? >> no too rich for me. stuart: you wouldn't buy tiffany or tesla but would buy kors. >> yes, bought it this morning. stuart: now he tells us. shah gilani. thank you very much. isis killing 17 iraqi soldiers this morning. they're carrying out numerous suicide attacks targeting the iraqi army operating outside of fallujah. and f-18 pilot tells fox news many times isis fighters in his sights with a weapon under his wing he couldn't fire because he didn't get the necessary clearance. here is general jack keane joining us in new york. good to have you with us. >> great to be here. stuart: are we fighting to win? do we have the will to win? are we restrained by political

correctness in iraq? >> i think from the very beginning the president's strategy in terms of degrading and defeating isil is the right one. when you start to look at the plans in support of that that was immediately brought in. are we in this to win, do we have the will? everything we have done from that moment we made a decision to defeat them, the resources we've been providing have never been enough. stuart: is it just the resources? or is it the desire to win, beat them kill them no matter what? doing this to win. >> what's reflective of that thought process? it has to be your commitment and resolve to shore up what we know is a weak hand on the ground, provide them everything we can give them in terms of trainers, advisers that fight with them the right amount of ammunition the right amount of equipment, et cetera, and also the effective use of air power air power, while it has made a contribution, it is not even close to what it could be.

stuart: is it the rules of engagement is the problem here? >> two things, one is the rules of engagement overly restrictive from the outset and they pushed back and said that's not realistic. the rules of engagement are so restrictive, when you have targets we're not shooting them. the second thing is this we do not have forward air controllers to guide the bombs. all the fighting takes place largely in close combat urban settings except when convoys are moving in the open desert. that's easy to take out. in those kind of settings, what we routinely, do we have forward air controllers to guide the bombs as target to not harm somebody unnecessarily and the bombs are that much more effective. none of those people are on the ground doing that. in the attack on ramadi, airpower is not a factor. stuart: i have the feeling that behind every general and officer directing the fire

there's a lawyer saying you can't do this you should do that am i right? >> well there's no doubt that lawyers have been more involved operationally than what they have in the past, but i think that's not really the case here. the case is we just have -- you go back to initial premise we haven't demonstrated the will and resolve to truly win this thing. we have no strategy to defeat isis and syria that's the headquarters, the where they're exporting isis from, their ideology that expanded in afghanistan libya and yemen and sinai to syria. stuart: is the fault with president obama? >> it has to start with him. it absolutely is. the military has plans on the table to put forward air controllers down there, to put advisers with the fighting units to provide considerably more resources than what we're providing. we've been holding back on the amount resources. >> last one for you, general.

the taliban five the terrorists that the administration exchanged for sergeant bowe bergdahl. that travel ban is expiring. what that means that as of monday of next week, june 1st. they can travel anywhere they want to go. what do you make of this? >> we said from the outset when the deal was made that first of all these five should never be released under any circumstances until war termination. number two, they were probably unlikely released because they could never be released any other way and there's a way to get five more out of there. that's questioning the motivation but i think it's true. and from the outset we've known an end date here. and we're at the end date. everyone who said at the beginning will stay it again now. it is highly likely these five will end up in the fight again the leadership and the degree of respect they have and now iconic figures because they've been held by the united states.

stuart: you're not a happy general, are you? >> no. stuart: we can tell. general jack keane, appreciate it. >> good to be with you, stuart. stuart: total change of subject, the company that makes spam buying organic food company, jumping onto the health food bandwagon. you can bet spam's recipe will stay the same. i was brought up on spam and i did okay. two-time dancing with the stars winner mark ballast is a former smoker and trying to get people to quit. he's going to be here in the studio.

. >> reporter: i'm nicole petallides with the fox business brief. the dow jones industrial average up 107 points. yesterday we lost 190. so bouncing back here. the s&p 500 up 14 and the tech-heavy nasdaq up 44. technology has been a great performing sector today as you saw, the nasdaq up the most in percentage terms, juniper broadcom are leading the way, juniper new high broadcom new high. apple up 1.6% at 131.68.

google and intel winners here. we have tiffany which has been a number one performer in the s&p 500 after its great quarter in growth in europe and the americas to the down side despite the fact they had a better-than-expected quarter and shake shack, which had a great month, giving it back. this week down 16%. right now down about 9%. more "varney & co." coming up. 40% of the streetlights in detroit, at one point, did not work. you had some blocks and you had major thoroughfares and corridors that were just totally pitch black. those things had to change.

we wanted to restore our lighting system in the city. you can have the greatest dreams in the world, but unless you can finance those dreams, it doesn't happen. at the time that the bankruptcy filing was done, the public lighting authority had a hard time of finding a bank. citi did not run away from the table like some other bankers did. citi had the strength to help us go to the credit markets and raise the money. it's a brighter day in detroit. people can see better when they're out doing their tasks, young people are moving back in town the kids are feeling safer while they walk to school. and folks are making investments and the community is moving forward. 40% of the lights were out, but they're not out for long.they're coming back. . stuart: more information on the soccer corruption scandal. six out of the seven soccer

officials arrested in switzerland will fight extradition to america. the swiss authorities will ask a formal extradition request could take about six months. we reported donations to the clinton foundation from fifa the world soccer authority, and the qatar 2022 committee. the clinton foundation got the money. cheryl, this is developing this is exploding. >> reporter: one of the stories early. all began this morning, but as the story develops over the next few days and we get more and more testimony and this extradition process could take six months for the guys not to come to the u.s. you're going to find more and more layers. we've been very suspicious of soccer for years and years about corruption and world cup soccer and the bidding process. this is going to envelop more names. i think the clinton foundation is the tip of the iceberg. let's talk about russia talk about qatar, let's talk about

brazil. stuart: qatar was awarded the 2022 world cup. >> right. stuart: that was a big surprise because qatar is in the middle of the desert. they don't have facilities and planning to hold the tournament in the summer when it's 120 degrees. >> correct. stuart: but they get it. a lot of people allegedly were bribed to give the tournament to qatar in 2022, and then the qataries after they got the world cup they give half million dollars to the clinton foundation. >> but why? why do they give to the clinton foundation? why do they think what bill clinton does or does not think about that. stuart: to give the world cup to america. >> and he lost. stuart: the qataris chuck him a half million it's the money. >> what do they care if bill clinton is going to be their friend? what is bill clinton offering? he's a retiring u.s. president! i'm playing the other side of this. maybe it's small chump change to the qataris what do the russians and qataris have

paying off bill clinton after the fact. stuart: maybe trying to restore goodwill with the clinton foundation which is probably worth a lot of money. >> with his wife the next president of the united states we're all going to be good friends, aren't we? . stuart: the maker of spam is going to buy an organic food company. heaven forbid they mess with spam. other news in the same vein, taco bell is removing all artificial flavors and colors from food. don't worry the doritos locos tacos the recipe is not changing. come on in mark, the author of the doritos effect. the dorito effect i should say. he watches the food industry. you're saying in your book, you're saying that taste is more important than health, is that correct? >> well i'm saying flavor is more important than the nutrients we've been arguing about. we've had about a 50 year witch-hunt for fat, carbs, sugar. it is not working.

if we look at flavor and the way the flavor of our food has changed we will understand exactly why people are eating what they're eating we crave deliciousness pure and simple. stuart: that's why taco bell which is going to get rid of artificial flavors in food and all that stuff, but not going to change the dorito taco loco, i'm not sure i'm pronouncing it correctly. not going to change the recipe for that because it tastes good and that's what consumers want. >> exactly. and the truth is they're not going to change that much else either, they're using so-called natural flavorings, and natural flavorings are chemically identical to artificial flavorings, what they're getting rid of is the word artificial that word frightens people, they think it's a chemical that's toxic going to give them cancer. the real problem we have is consuming too many calories, and flavorings play a big role in making us eat food. that's what we need to look at

here. stuart: do you think we're snowed, being fooled here? we think we're going to eat more healthily, we're responding to our own taste buds we want flavor and we'll pay for it? >> absolutely. we will. especially when it comes to processed food but the other side this coin is the whole foods we should be eating is getting blander and blander is it a surprise we go for the doritos taco loco when chicken tastes like cardboard. you will see why we're doing what we're doing. stuart: we like fat, salt, meat, we like it, don't we? >> we do. all that stuff existed 50 years ago when we were relatively trim. the big thing that has changed is flavorings. they're everywhere now. stuart: mark, absolutely fascinating we're very glad that you brought this us to. great book the dorito effect.

thank you very much mark. >> thank you. stuart: thank you very much. following the fifa scandal for the whole program more developments, more controversy. we'll bring you an update. we'll bring them to you as they come. in it's happening. another quick reminder, "varney" moving monday 9:00 a.m. to 12:00 noon three full hours! the markets opening of the markets straight through to lunchtime. stay with us, we start on monday, the new time.

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. stuart: whoa! news is coming thick and fast. a federal judge just issued an order requiring the state department to make batches of hillary clinton's e-mails public every 30 days. starting next month. so every 30 days we'll get a new batch of hillary's e-mails. that just in. now this "dancing with the stars," wildly popular show. one of the biggest stars with us mark ballas is here in new york city with me. mark i'm going to get to the show in just a moment. but i want to talk to you about your antismoking campaign which i wildly approve of. >> thank you. appreciate that. stuart: what are you doing? >> working with a campaign called what's your why, and you

can see all the info at quit.com. talking about our stories why you want to quit. i'm sharing mine with people. stuart: what's your story? >> i was starting to feel -- i was smoking at 16. stuart: you used to smoke cigarettes, you're a tobacco guy. >> age 15, 16 to 26. stuart: you're a dancer. i see you on the show. >> that's the thing a lot of people will be shocked to find out, in the dance and theater community lots of people smoke. it's quite a common thing, and i grew up in england in london, and it's very accessible, and 16 is the legal buying age. when you're a kid, you think you're invincible. it's never going to affect me. when i got to 26 i was huffing and puffing i've got to make the change before it starts to affect my professional career and just my health overall. i've been working with the campaign to help encourage and inspire people to share the story. stuart: that's the nature of the campaign.

>> sharing stories. i quit because of this here's my story learn from me. >> people find it intimidating to take the first step. they're nervous to. when they see people sharing the stories and relate to the story, they take the plunge. stuart: i have to ask you, do you have any judgment, pass judgment on e-cigarettes. >> i get the phenomenon. in my opinion i don't think you're break the habit. a huge part of the habit is the physical aspect not just the nicotine itself, it is the pulling out the packet, lighting the cigarette, and you're not breaking the physical habit by using e-cigarettes in my opinion. stuart: i've said on the program that the antismoking campaign is the most successful and the best public health campaign in history. i firmly believe that. >> very glad you are on board. stuart: guys like you have saved enormous numbers of lives and fully support what you're up to. >> thank you very much. stuart: and we'll be watching "dancing with the stars," you're the guy. >> i'm one of the guys.

stuart: you know what they wanted me to do today? they wanted me to dance in the studio with you, with a rose in my mouth. >> they call that the mango. two men do the tango. i'm glad you chose not to do it. stuart: thank you very much! mark ballas, great pleasure to have you with us come any time you like. >> thank you, thank you. stuart: cause is good stuff. almost out of stuff, room for a bit more "varney" after this.

. stuart: two stories developing during our show. let's bring you up to speed on both of them. new information breaking this hour. six out of the seven soccer fight extradition to america. that process could take about six months. earlier, we reported that donations to the clinton foundation there were a couple of them. $100,000 from fifa, that's the soccer managing body, and another $500,000 from the qatari commission which brought

the world cup to qatar. and we also have a federal judge ordering the state department to m match of hillary's e-mails public every 30 days starting next month. time's up time for deirdre bolton, it's yours. deirdre: stuart thank you very much. the irs says criminals have stolen personal information from 100,000 americans. what this massive hack means to you? corruption rocks international soccer. >> the 47-count indictment against these individuals includes charges of racketeering, wire fraud and money laundering conspiracy spanning two decades. in short, these individuals through these organizations engaged in bribery to decide who would televise games. where the games would be held? and who would run the organization overseeing organized soccer worldwide? all of the defendant