presidential campaigns and joining us fox news's geraldo rivera starting at 6 a.m. eastern here on the fox business network. and see you then. "varney & company" is next and mr. stuart varney is back. have a great show. stuart: thanks very much sandra, good to see you, too, california just waking up to the headlines from greece are you? well, it's not a signed sealed and delivered deal good morning, everyone. greece will get more money, but it will be paid out in dribs and drabs, only if greece actually reforms. it's a step by step bailout. will they agree to tax hikes, tension cuts massive labor reform? simply don't know. it's not a signed done deal and that's why the stock market will rally at least until the opening bell. it's not a 500 point bonanza, here is comes, more detail on the escape of drug lord el chapo a mile long five foot high tunnel was so conveniently

constructed right under his cell. el chapo took a shower punched a hole in the tunnel and rode to freedom on a motorcycle. that did not sit well with donald trump. he says if they can't keep their bad guys in mexico we shouldn't be sending them $3 billion in aid a year. a developing story for you, apple is working on a self-healing iphone screen. see how fascinating the news is? just wait "varney & company" is about to begin. ♪♪ >> the a the risk of repeating myself. here it is greece is not a done deal. the greek government has to approve what voters disapproved up just ten days ago. pension cuts tax increases, massive reform of the labor market. ashley webster has been in

athens about two weeks now. i want to know the situation on the ground. are the banks open? >> well, it's a good question stuart. i'm a greek national now and i've got my citizenship and i can tell you the banks are not open. we heard from the greek financial minister this morning who said the bank holiday continues. it's a nice way of putting it bank holiday, nothing about this is a holiday, just means that people are having a hard time getting access to their money. it's supposed to be 60 euros a day through the atm. what we're hearing, banks are running out of the 20 euro notes and they're only getting 50 out. this will go on until much-needed money will be provided by the ecb. and such is the euro zone it's so, so layered in bureaucracy and red tape just to find out what day it is and time of day

it is takes 300 meetings in about two weeks. it's going to be a while before the banks are up and running, that's assuming that the greeks can get these passed in parliament. this is by no means a done deal. stuart: real fast, ashley what's the mood there if you can assess it. are the greek people prepared to okay when they said no we're not going to do that just ten days ago? >> yeah this deal is worse than the one they said no to ten days ago. people are almost numb as long as we stay in the euro zone i think i'm okay and we'll become poorer and poorer as one man told me. stuart: thank you very much indeed. art laffer is with us this monday morning, a very good guest to have. the guy who wrote the prosperity structure of the 1980's. art i've got to ask you this this is the question that everybody asks me is america, are we in america becoming more

and more like greece? what say you? >> yes. we won't continue that path stuart. we're going to break out of it in a different way than greece has broken out of it. we'll break out with elections and politics and changes in policies. stuart: we've got to reform social security. we'll have to reform medicare the entire tax structure. we've got to go for growth to break out of the cycle. we've got to go for 4, 5, 6% growth. and you know, you can't be absolutely sure that america is prepared to do all of that to get out of the european system. >> to be very honest the future is always a little less certain than the past. and when we came in and we reformed social security we extended the age of retirement from 65 to 67, we reduced benefits by reducing social security income. economic growth provided a lot of tax revenues for the social

security system. we did a major job there were no riots and nothing happening in the streets. prosperity ensued. we can do that again. people are living longer they're living more healthily, they work longer and social security should not be paying out benefits as it does now, it should pay them out later. and that's true of lots and lots of other programs too, we can reform the programs. i think i once here with you said if you give me a sharp pencil, a magnifying glass and thee days and a supportive congress, i can limit the unfunded liabilities and no one would know the difference and i think that's very very true and we can solve is politically. >> hold on a second i've got to break away to another subject. start with this for a second. hillary clinton, now, she's going to map out her 2016 economic plan about an hour from now, and we understand a few details and she says she wants to boost the income of the middle class by taxing the wealthy.

mary from the editorial board burst out in laughter on that one. that's the proposal tax the rich and give it to the middle class. >> stuart it's a third term of president obama. the same formula. raise taxes on the wealthy and impose government on business decisions and make it more expensive for businesses to hire and fire workers and she'll spend other people's money. the irony of this stuart it will hurt the very people that she says she wants to help. listen for these words. she'll say she wants to fight income inequality and help american families. what we've learned from this obama era is that formula of more government making it harder for businesses to compete actually doesn't expand, it makes it harder for people to get jobs. >> i understand that she wants to introduce universal pre-k. >> who is going to pay for this, stuart? i'm sorry, look the best for

poverty is a job. expanding economy for everybody and we know that this formula doesn't work. stuart: but tax the rich and spread the wealth and introduce a new entitlement program takes us further down the road towards greece. >> yes, it does. stuart: that's the way we're going. >> it tells us something about today's democratic party, there's not a moderate democrat left in the party. hillary says she'll do anything and say anything to get elected including promising americans things she can't deliver. this program doesn't work. stuart: thank you very much indeed. stay right there, lots more coming. check the dow futures, please. we're about 23 minutes away from the opening bell. we're up 136. i'm calling that a relatively modest rally. had we got a greek signed sealed delivered deal maybe we would see a 300 point rally, but it's not a certainly done deal at this point.

we're up 136. look at the price of oil, down $10 a barrel in the past month. down a bit more today at $52. however the price of gasoline you'd think it was down after a $10 drop in oil? not so. it moved up a little bit overnight 2.77. whatever happened to my gas price plunge? we'll ask scott shellady that a half hour from now. and then there's this an iran nuclear deal likely reached in vienna. iran we're told will curb its atomic program in exchange for lifting sanctions. we don't have the details, but that could put more oil on the market art laffer why hasn't goss dropped. if we're down $10 for oil, why hasn't gas dropped? >> i would have expected it to drop as well. it's going to continue going down for a long time to come. especially if there's something that this administration does with iran you'll see a lot of new oil coming onto the markets

and with supplies increasing like that and demand not increasing because of the u.s. sluggishness, i can't imagine oil prices being higher than today. stuart: if you've got the saving for lower gas economies, how come the economy doesn't get a boost from the extra money? >> remember, gas prices are supply and demand. you get the gas prices which means it's cheaper to buy it and less revenue for the oil company and nets out pretty evenly there. when you look at obama's policies you've just had the obamacare just reinforced. you're going to have all of those taxes. you're getting premiums rise on that. there's a lot more going on in this economy than just gas prices and we have not undone any of the obama's impediments of economic growth.

mary kissel is right on that. stuart: give me more on that mary, he says you're right. >> when the dust settles and everybody realizes this iran deal will make the middle east even more dangerous, it will nuclearize the region and make u.s. presence in that region for a bloody conflict in the future far more likely and i think that will have a different impact on oil. stuart: in case you missed him, we better go to lauren simonetti, in case you missed it. >> welcome back. a huge win at the box office for minions. it had the second biggest opening ever for an animated film bringing in 150 million in ticket sales. that was second to only shrek iii and that was eight years ago. well, it's wal-mart versus amazon. wal-mart says you should not have to pay $100 to get good prices so this wednesday, both wal-mart and amazon will offer a bunch of black friday type

deals. wal-mart's will be available to everyone to more than one day. amazon will be wednesday only and only available to prime members or those who pay $99 a year for a subscription. and jordan spieth heads into the british open with another win under his belt. he captured the john deere classic birdied four of the last six holes for regulation through under 68 and 20 under total for his fourth win of the year. he's already won the masters and u.s. open. stuart: he's pretty good that guy. >> pretty young and pretty cute. stuart: and the leader of one of the biggest cartels in mexico, el chapo, escapes from prison again. ambassador john boulton on that next.

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the top mexican drug lord known as el chapo escaped from prison from a one mile tunnel that was underneath his cell. he went to take a shower and escaped from a small opening and rode along the tunnel on a motorcycle and the second time that this guy has escaped. >> and donald trump says if you can't keep the top cartel guy in prison mexico should not receive any aid. what would you say to that? >> well i think what we should be trying to do with mexico is shore up its government so it doesn't collapse to the drug cartels as guzman's secretary escape shows i think is very much in prospect. like colombia and the drug cartels there and worse because mexico is on our border. i don't see any reason to give mexico economic assistance, but i think the kinds of plans that we had back in the bush administration to try to prevent the drug cartels from

intimidating the government in civil society are very much in our interest. stuart: do you think there's a danger that the drug cartels could in fact take over or exert enormous influence on mexico's government? >> they already are. there's an incident hillary clinton when she was secretary of state said the situation reminded her of colombia 20 years before. barack obama says it doesn't remind him of colombia and i think that the reason is obama is trying to focus on american gun laws as the cause for the disturbances in mexico when in fact, it's american demand for drugs and the drug cartels' ability to use american urban gangs to distribute their various drug commodities. i think if you look at the record number of people that have been killed well over 20,000 in the past years, and local city officials members of the media, the police force

corrupted getting weapons from them. i think mexico's in serious trouble. so yes, for our own safety's sake, would i rather fight the mexican drug cartels than here absolutely. >> you would not finish mexico by saying no more aid now, you wouldn't do that? >> look i don't think there ought to be economic assistance. i'm an aluminous and yet, the obama administration is reinstituted. i would cut that out, but in terms of aid to noncorrupt officials to try and work with the anti-drug authorities, to deal with these cartels, as i say i think it's in our own interest to do that. >> ambassador before you go i want to ask you about iran and look like we might get a deal today. what are the odds if we get an announcement of a deal what kind of a deal do you think it would be and would it pass muster in congress? >> i think it's going to be a wretched deal. i believe it's a diplomatic

waterloo for the united states. i think that obama can probably hold enough votes in the senate to prevent the congress from keeping the sanctions in place, but let's be clear. if he signs this deal it's not j us a matter of american sanctions and they'll vote to lift those sanctions and europe and china and everybody else will release theirs. even if the proponents will be in congress they're coming off sooner rather than later. >> once the sanctions are off, you can't reinstall them. >> i think the pressure is on from the urine european governments and once we release this pressure it's probably gone forever. stuart: what a mess overseas. >> it is a mess. stuart: i don't see bright spots. greek-- >> you're right, there are no bright spots out there. i've been away for two weeks, a glorious vacation and come back

on a monday morning and it's just like it was before i left. it's a mess over there. no bright spots at all. i'll give you the next 20 seconds. >> it's not going to change for 18 months until we get a new president. the obama view of the world the less significant, less successful the united states is the better chance for peace. it's like looking at the world through the wrong end of a telescope. stuart: pope francis attacks global capitalism and blames it for climate change. we defend capitalism here on "varney & company" and we have a staunch capitalist to join us next.

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>> not mincing his words, he has denounced capitalism. >> behind this there's the stench of what is the dung of the devil, and i believe he's talking about capitalism. and charles payne thanks for filling in for me. i think that the pope has leveled his guns at capitalism.

charles: his sharpest attack now and the dung of the devil is a scary thing. it's ahead of his visit to america and the message is growing and growing and growing what i don't understand is that capitalism has helped more poor people more destitute people in this world than any economics plan ever out there. why wouldn't he embrace it? i had he's from argentina and he has a different world view than say the previous pope who was from germany, but still. stuart: it seems to me that pope francis is in alliance with president obama, shifting world opinion to the left. the direct opposite of pope john paul ii and ronald reagan to the right. >> the pope is doing what he should be doing. we're going to talk about it. he said that marxism is wrong, charles is right, capitalism helped more people than u.n. initiative. >> 2, 300 million in china

raised out of poverty. charles: almost a billion around the world. we have people in bangladesh never made a money and now that's how things grow. stuart: don't look now, we're looking at a rally five minutes from now when the markets open. triple digit for the dow. look at 145. it's exciting. next.

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>> we hope that everything should be working normally when the market opens in the next half hour. as hillary clinton might say, what difference does it make. stuart: that was charles payne's voice in case you didn't know. it was an eventful two weeks on "varney & company" and charles did a magnificent job holding down the fort. it was a ratings juggernaut and he'll never do the show again. [laughter]. stuart: catch charles 6 eastern "making money" is the name of the show. tune in. and the opening bell is about to ring two seconds away. let me give you the back drop. there's supposed to be a deal between greece and the europeans it's not a signed sealed and delivered deal. that's why we will go up at the opening bell not the 3 or 400

points some would have expected if we got a signed and sealed deal. the price of oil is dropping. this is' word that maybe we've got an iranian nuke deal in which case that would put more oil on the market and the price would go down. it's in the 51 range right now. trading has begun this monday morning, mid july. we're up 26 44 46 points come on everybody, buy something. i want to see-- thank you up 51 points. by the time we're done it will be up 100 points i'll guarantee it. well almost. joining us from seattle, keith fitz-gerald scott shellady is in chicago and charles payne and liz macdonald here. keith, to you first, i say that greece is not a done deal agree? >> agreed. the nth hour there's a lot they're going to reject. there are measures that supposedly agreed to are way

beyond what the public owepposed. stuart: scott shellady we're going to be hearing about this for a long time to come aren't we? >> yes, it ain't happening. the bottom line what came out of the talks the last weekend and last night, the realization of other europeans members that we have to have a plan for letting somebody go. i think that's the key point. with that in mind, that's the first time they've stared in the mirror and now there's a timeout for greece and i think that's what it is. >> they're not going to agree to all the conditions are they? >> i don't know, i think that greece is going to blink. they tried, the supplies are gone and financing that you see with the company. 50 billion, put them on the side and they must take a lot

of pain whether they go with the loan. >> what's astonishing, greece does not have a backup plan what's another form of a currency, iou? >> a wooden horse. >> the issue is the guys in the euro zone greece has no backup plan, that means the central bank and europe is the junk bond warehouse. and paying the higher taxes for the junk bonds the ecb would have to take on. it's more expensive to have greece kicked out of the euro zone than to keep them in. stuart: the headline is a greek deal. we're saying it's not signed sealed and delivered and the dow is up as we speak. look at the nice of oil, it's come down $10 a barrel in the past month. it's down below $52 a barrel. however the price of gas still up, 2.77 is your national average. scott shellady i still think

that we can and should see another gas price plunge. am i so totally wrong? >> no you're right, but you've got to stop using the word plunge. it's going to be drifting lower not a plunge. a drift lower. stuart: listen to the viewer e-mail in response to my conversation a few minutes ago about oil and gas with art laffer. >> stuart, it's uninsulting that you and art aren't honest with us about gas prices. there's no correlation between the open market and gas prices and the taxes are 90%. >> they're going to drift not plunge. and this was the high time of the year our demand is at the highest of the year and at the same time we've produced more than we've demanded from the

market, so yes, there's going to be a surplus and come lower, but it's not going to plunge lower. >> it won't plunge lower, it will drift lower to 2.50 a gallon by labor day. there i've said it. in the spectrum of the market i see a pop for netflix, i don't know why, tell me. nicole: check it out 1.7% to the upside. 692 and change. goldman sachs comes out and raises the price target. goldman sachs makes it call 780 up from 620. and it's well beyond 620 and the 7 for 1 stock split that we covered closely since the end of june is actually going to occur this week. that will be on wednesday. and ceo reed hastings we remember him. he announced selling 17,000 shares, but announced it before the 7 for 1 stock split. he didn't make the money on the run-up, but made about 11

million dollars on that. and it's a winner. number one in the s&p up over 100%. >> he casually made 11 million on that. if you don't make a billion, where are you? all right. nicole, see you shortly. i want to go to wal-mart. they are going head to head with amazon's prime day, which is wednesday of this week. liz wal-mart has got a special deal for on-line sales liz: that's right, free three-day shipping they cut it down, amazon 99 a year. wal-mart going head to head with amazon. stuart: do you think they've got the clout to go head to head on-line sales with a behemoth like amazon? >> no they have upscale products. wal-mart is saying they're going to do 2000 products. it remains to be seen whether

wal-mart's bid works. people seem to pay more for amazon service because it's better product. stuart: keith, it looks like wal-mart is making a charge in on-line stuff. i've got to respectfully disagree with liz. one third of americans shopping at wal-mart every single week that says that their product mix and setup is probably correct. the killer here is going to be alibaba which hasn't been mentioned this morning. if you really want to take on amazon, marginally profitable. and between wal-mart and alibaba. >> do you own them. >> family ownership, yes, person person-- are you one of those who shops at wal-mart once a week. >> yes, i am. stuart: so am i. i'm serious, i do. it's fantastic store. charles: i do too. stuart: scott shellady do you

shop at wal-mart? no you make far too much as a traderments traderments-- trader. i shop at wal-mart to make myself feel better about myself. stuart: leave it at that. apple not too far from the high. the highway was 134, we've got a new report that says that apple's share of smart phone profits is 92%. so, keith, come back in again, are you buying apple at 124? >> i think that apple is 200 bucks a share. eco sphere not the iphone or the watch, which looks like a flop. there's going to be cars and hotels and other things. stuart: charles? >> absolutely. the good news is that there's so little expected from the watches if they make anything on it people say, whoa that's pretty good. apple to keith's point is so

well positioned it's a stock i'd buy and hold. stuart: let's go back to the big board. now up 175 points, but substantial 1% rally, maybe the market thinks that the greek deal is more likely to get done and out of the woods on the euro. we shall see, but we're up 174. as for starbucks, another all-time high there. it's leading the charge to hire 100,000 millennials who have been shut out of the labor market. there are big names involved here. cvs is involved macy's hilton, keith, did you think that this is going to help the stock starbucks stock? >> you know that's a very tough question stuart. it's going to help the stock in the image and help stock in perception and add to performance, i doubt it. because you've got minimum wage pressure and a bigger labor pool and benefit. a lot of things have to factor in how they're going to treat these millennials, charles. charles: they're angling at

blacks, hispanics, another brilliant move on howard schultz's part. i want to be on the record. he's going to run for a major political office and he's going to be the west's version of donald trump and put it into position. it's it's-- they have ability to raise something like zombies, add an extra dime and no one is getting off the line. and for howard schultz is trying to impose his political will in america. >> that's why the viewers love charles no seriously, original thinking well done. >> good point. let's move on. look at chipotle raising prices because of higher minimum wages. >> this is one of these things where hillary clinton is coming out today and going to put out an economic plan and echoes what i've been saying. the left wants to hijack corporate income statements and here is the problem. i don't care how you do the math, net-net, you do this

redistribution from corporate america it's break even. raise minimum wage fewer jobs and guess who pays? the poor consumer who wants a burrito now, that's who pays. stuart: check the big board. this is to start the new week monday morning. how is this for a technological breakthrough. self healing iphone screens. it will fix itself. it could be a reality sooner than you think. first i didn't want to thank you the viewers for wishing me a happy birthday last week i was on vacation. i was humbled by your messages and best wishes. it's appreciated and you're very kind. what was i up to last week? you may ask. there you have the grandchildren just-- we've got seven of them. the two missing, the new zealanders are missing the two australian boys in the background and the other five

are massachusetts kids okay? the two latest editions the twins can you see them there? twin girls and if you didn't know if you've been looking up on the wrong internet site i've got to tell you, i'm 67 years old. roll tape. >> where was stuart varney born? >> stuart varney's birthday is 1949. >> oh, ooh. stuart: wrong, wrong, i'll take that because that makes me one year younger. [laughter] ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio.

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>> well look here we're 17,939. i should tell you all 30 of the dow stocks are up. see that green? they're all up. netflix is getting a bump from goldman sachs. goldman raising the price target to 780.

$55 on starbucks. look at apple, it's helping greece, giving greek i-cloud users 30 days of no-cost service. apple 124. the fda is calling on drug makers that strengthen warnings for pain killers like advil and aleve. possible increase of heart attack and stroke. >> an advisory panel in the early stages of using nsaids and other drugs you're at a higher risk of heart attack and stroke, make it more pointed and detailed about the risk. >> do we know how much extra risk? >> no information on that just yet. stuart: the warnings labels will be going on. >> even if you have no history

of heart disease you're at risk of heart attack and stroke n-saids nonanti-inflammatory drugs. >> and a screen that can fix cracks instantly. number one and number two, a, does it work? b, how does it work? >> yes, it works. duncan watts is a chemist out of england, university of bristol he's come up with a technology because they wanted originally to use this on aircraft wings to help heal a crack in any sort of fracture that could happen when flying. so, what this is if you can imagine is like bubble wrap except you shrink that down way way, way low to the cellular level, it actually acts like our own skin and blood. so imagine how blood stops us from bleeding it clots up and

the same thing that can be done with the polymer. the spheres, the bubbles, something hits the screen and it can release the chemical and it fixes the screen right then. >> would the manufacturers want to incorporate this? at the moment you crack your screen, you take it back to apple and i don't know how much money to get a new screen put in and p a -- apple makes the money. if they don't, they miss out on it. >> no manufacturer wants their brand of product with cracked screen and they're looking for that low cost kind of way to address this because they don't spend the kind of money on the glass that they do on a watch. and apple has really gone over overboard and all of the stores they about ut in-- put in the screens that does the repairs, not because they

make a lot of money off it, but they want it done for the customer. imagine if it doesn't. stuart: is there technology to make my phone waterproof? they don't want to because they-- >> why not make it waterproof? >> there's a material that can be sprayed on the components of any electronics and you can dunk it in the toilet and pull it out and it will work. >> it's coming, but it's in the discussion for future, but you know, it's another cost, but you can now take your phone-- >> a cost to who? >> to the consumer it's passed along. what you can do now, you can use a third party that does this and send your phone and this is where it fails, because no one wants to be without their phone for three days. they put it in the machine and then it's now waterproof liz: this technology might go to windshields. >> the technology will be

everywhere, it's unbelievable. stuart: i don't want to throw cold water on it because it would be a dramatic new revolution in many ways, but can it actually feel a crack, fix a crack as opposed to a scratch? >> it's not thinking so it's fitting a sphere the sphere breaks and it's a liquid and it hardens acting with the other component there. now it's a reaction. stuart: are we on board and in favor of this? because i am. check check, check, waterproof? >> want that but it's a separate issue. happy birthday. stuart: look who is up next? janice dean otherwise known as the weather machine. she has a unique way of giving a forecast on earthquake season. piatt way, what about global warming? we cover it all on "varney & company."

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it's down. and under amour, price targets have been raised and jordan spieth who won the john deere classic he's an under amour guy. that stock up after spieth's win yesterday. look who is here our favorite meteorologist janice dean a new children's book. freddy. >> easy for you to say. >> freddy the frog-caster and the hurricane. we're more than a month into the hurricane season. i'll promo it. and where are the hurricanes this season i haven't seen any. >> the pacific has been active but the atlantic has been quiet. it happens if there's a bids i earthquake had season and a quiet atlantic hurricane season. hurricane andrew in 1992 it was a late season storm in august and only one of three category fives that hit the

u.s., that's during a predicted low season. >> because of global warming or whatever they call it. >> aren't we supposed to have more? >> you know freddy the frog-caster perhaps he can take on climate change in the next book what do you think? >> next book. stuart: not this one. >> what do you think. stuart: this is freddy the frog-caster and the hurricane. are you telling young children to expect a hurricane and what to do? >> i have to walk a fine line i don't want to be a scary author, but i want to inform kids. i've read to thousands and thousands of kids, they're excited about weather and want to know what's happening. you want to tell them why the hurricanes formed and i tested this. i said does this look scary to anybody? they're very interested and once i wrote the book i kid tested it, it wasn't scary, but education is power. when they know what it is i would love for kids to go to

their parents and say to we know what our escape route is and do we have a hurricane preparedness kit already made? this is the thing that i want to do is to prepare in advance. that's freddy's mandate. preparation is key. >> i don't want my grandchildren saying to me granddad how do we get out of here because there's a hurricane coming. >> no they'll say, granddad do we have the emergency kit, and do we know what the escape route is? >> do you have any of that? >> oh my gosh, here are two freddy's for you. stuart: and researchers say that the earth is headed for a mini ice age and that the river thames would freeze over. >> i've told you many many times anything past a five day forecast we can't get right. i do want people to to take

into consideration the solar activity. if the sun isn't shining, the temperatures will drop. maybe we should put more into solar activity. >> thank you,. >> anytime. stuart: and taking a page from obamanomics class warfare, your fair share. and el chapo rode out of prison a motorbike. second hour of "varney & company" two minutes pay way. away.

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is the defining economic issue of our time. stocks rallying maybe there will be a signed and sealed greece deal some time in the future. all government all the time programs here would mean that we're the next greece we're onto that one. mexico's drug lord el chapo guzman escaped again. he punched a hole in the shower and went on a motorbike through a tunnel. donald trump is not happy about the escape and says if mexico can't keep its criminals in prison we shouldn't be bailing them out to the tune of three trillion in aid a year. "varney & company" starts right now. ♪ >> moments from now, inn had reveals her latest economic plan going into the election of

2016. we know already that she wants to boost the income of the middle class by taxing the rich. elizabeth macdonald has been studying what we know so far. item number one, she wants to fund universal pre-k, correct? >> yeah that's right. so it's going to be more of the same that we've already seen out of the clinton camp to get the middle class income up. so, studying her record as senator, too. she's been about rescinding the bush tax cuts and raising on the upper bracket and more spending on the infrastructure and the like. this comes as bernie sanders a catching heat and now getting more union support and tagging hillary as a credit capitalist. crony capitalism and the state department missing e-mails takes hold she's combatting this with a rollout of policies probably every other week. stuart: a new entitlement

program. universal pre-k. >> among other things. stuart: tax the rich redistribute intercom i don't see any difference from that and president obama's policy. hillary clinton is moving to the left. >> that's right. stuart: the question is she going to move left and stay left? once she got through the primaries, she doesn't have to go to the left any longer come out to the center. >> she'll stay left as long as it takes to get elected and possibly change her tune. manufacturing jobs may more you don't need top down control of the government economy. bring back the higher paying perfecting jobs and some are coming back reshoring away from china. it's more expensive to ship those goods. as amazon and wal-mart are doing overnight deliveries. people want their goods immediately so the manufacturing jobs are coming back to the u.s. that's the way you do it. it's really expensive to keep products on the shelf so they're moving to keep the products made here in the u.s. and that's the storyline that i

think the g.o.p. could counter the new plan from hillary. >> later this hour ed henry, he covers the henry campaign for fox news with us at 10:30 eastern on this program. in the next hour fox news senior political analyst brit hume joins us to talk about greece and whether they're headed down the same european road. i think we are. check the dow, nice pop for stocks on the greece news they're supposed to have a deal and nonetheless, a 1% gain for the dow industrials. starbucks 55.57. look at oil, it's come down $10 a barrel in the past month. and it's down another dollar today. 51.80 is the price of oil. but as it comes down the price of gasoline is not coming down in fact it went up a little last night. 2.77 is your national average now. scott shellady says look i've been looking for a plunge in gas prices.

he says it's not going to be a plunge, but it will be a slow and steady decline instead. donald trump. firing people up and even david letterman came out of retirement to slam him. listen to this. >> gopher in "caddyshack." donald trump weighs 240 pounds 250 with the loan. trump would like everyone to know that the thing on his head is free range. stuart: i'm not sure i could hear that exactly. it was certainly anti-trump and that's decidingly so. >> and howard kirtz, welcome back to the program. >> thanks stuart. stuart: as i look across the spectrum of media coverage of donald trump it seems like it's almost universally negative. is it? >> that's exactly right. on my program we have conservative commentators and

liberal commentators they all thought he was a joke and they're missing his appeal. i'm not a donald trump defender, but clearly the guy shot up to number one in the polls and he touched a nerve with the media elite in new york and d.c. looking out of touch. stuart: he's know the a politician, he's obviously opposed to politicians, it's the guy doesn't like politicians as he sees them. that, i think, is the nerve that he's touched and which he's really moving forward with. >> and one of the reasons i think that hillary clinton leaked her upcoming speech washington post, politico was to get some in the face of this this. >> trump is speaking simplistically and doesn't comfort himself well. for a lot of people who don't like politicians and calibrate

their words to carefully. he's saying yeah he's saying what i believe. not everybody in the republican party agrees with trump, but he's surprising people with the bluntness of his message. >> recently in san francisco, there was a brutal shooting of a young woman by an illegal immigrant who had been deported to mexico five times. a lot of people link that to what donald trump has been saying. >> did any other media outlet other than fox, raise that story and put it in the context of what trump has had to stay? >> i think, yes, but the reason that trump pounced on it and drew the connection and this is what happens when everybody moves across the border and the amazing thing, whether you like donald trump or think he's a blow hard he has transformed the campaign debate. and every other responding to trump and get a headline by

criticizing trump and it's all about trump and they get on the air and write something and slam the donald and they are still feeding the story line because he knows how to work the news siegelghingnews cycle. it leads to a second day story and everyone else pipes up. and he's dominating in a way i've rarely seen. >> howard kirtz, thank you for joining us. >> see you soon. stuart: i believe that hillary clinton has started to speak. this is a layout of her economic plan as she goes into the election of 2016. just listen for a moment and hear what she has to say in her opening remarks. >> you should be an i believe to get ahead and when you get ahead america gets ahead. over the past several decades that bargain has eroded. our job is to make it strong again. for 35 years republicans have argued that if we give more

wealth to those at the top by cutting their taxes and letting big corporations write their own rules, it will trickle down, it will trickle down to everyone else. yet every time they have a chance to try that approach it explodes the national debt concentrates wealth even more and does practically nothing to help hard working americans. twice now in the past 20 years-- >> i think we've got the gist of the early part of hillary clinton's remarks. liz macdonald. you know what she's going to say i think you said. i picked up on this. she says if we give more wealth to the rich give more wealth to the rich that's-- >> she's saying it's not trickling down. here is her plan higher federal minimum wage more government spending on

infrastructure. new child care tax benefits federal subsidies for college tuition and the like and laws to expand unions in this country. public sector union memberships and those are again, again, we have to say what is the free market reaction to that will it work? will the g.o.p. say, you know what? lower paying mcjobs, fast food jobs make up a lot of the jobs gains. we've lost higher paying jobs. they've been off shores. how do you get those back. stuart: and the question where is the growth? all we really need is 4, 5, 6% growth. >> exactly. stuart: you do not get growth by raising taxes on the rich introducing a new entitlement program universal pre-k and you don't get growth like that. >> money doesn't grow on trees. again to counter the negative narrative that she's battling with the state department e-mails and the clinton

foundation. these give aways, you have to say how are they paid for? the higher taxes of the rich will hit small businesses. again and again she's taking on jeb bush toe to toe. half the time between 1950 and year 2000, we had 4% growth. last time was 2003 and 2004. government exploded and-- >> she's just gone on a theme close to president obama's theme. she said that president obama saved wall street and saved the economy. this is a straight obamanomics speech at the moment. >> you can argue that the federal reserve stepped in and helped to stave wall street with the open discount-- . stuart: that's what she's saying. >> she's taking credit for supporter the policies. stuart: and she says that president obama saved the auto industry. >> well with a lot of taxpayer yet and money that gm has not paid back more than $11

billion. and they owe the taxpayers. let's not get into the weeds on that. what hispanic what hillary clinton is doing is setting herself up toe to toe against jeb bush. stuart: where is the growth? you can't have goodies without higher growth rates. >> that's right. stuart: i don't think that program spells out how are' going to get higher growth. i don't think it's-- >> let's be clear on average since 2008 when president obama won election and took office in 2009, growth average a stepped 1.8%, this is not the immaculate recovery that joe biden likes to paint it as. it's not picture perfect, it's one of the worst recoveries since dow-- excuse me since world war ii. stuart: and hack attacks, katherine archuleta resigning

after 22 million people their personal information was stolen. 22 million, maybe she's watching "varney & company." watch this. >> we've seen over 20 million americans have had their data stolen and opm is sitting back acting as if maybe it's somebody else's fault and nobody has taken accountability.

>> hillary clinton unveiling her economic plan right now. it sounds a lot like obamanomics tax the rich and said barack obama saved the auto industry. that's in a nutshell the hillary clinton economic plan. why don't you send your thoughts on facebook and twitter please. no impact on the market from hillary's statement. we're up 192 points. and look at the dow stocks 29

of them are up. under armor has had a new price tag todayment jordan spieth won the john deere classic, and he's an under amour under amour guy and look at garmin up 5% as of right now. and you picked it. >> we did. >> what's so great about garmin? >> we like how they're diversifying and you probably know them for the gps devices in cars. and they've gotness gotten into a wrist watch and trackers the growing name in that field right now. stuart: they have to i can get directions off this iphone. >> precisely. stuart: know how to use it and you've got it right, and they're moving to other areas. >> they've had a problem and they're solving it diverse vying. stuart: are they good?

>> they build great stuff. run well and are financially rock solid. >> i didn't expect that from competitionment, but a rock solid company? >> rock solid and smart strategically. >> do you have a price target? >> we said go up 35% to 60. stuart: 60 you do create a barron's bounce and a 5% gain today. thanks for taking the time to be with us this monday morning. >> thank you, stuart. >> now this more than 22 million government workers have their private information stolen. that would be social security numbers and fingerprints stuff like that. and hacked china believed to be behind it. let's bring in the former national security member and fox news contributor william

turner. you were hacked you're a former government employee you were hacked. can you tell us what have you done about your information and about your situation since you found out that you'd been hacked? >> well most of the people or at least the first round of the 4 million people that were victims of the attack received notification as of a couple of weeks ago, from the white house, office of personnel management. what we were given as compensation is a year of identity theft protection as well as security in the event of identity theft incident. beyond that there's not a lot we can do right now aside from monitor the situation very closely unfortunately. >> yeah, because your fingerprints are your fingerprints, the social security number is a social security number. it's not like a password that you can change. you're stuck, there's not much you can do. >> you know there's grave cause from concern from the

victims of the attacks including myself. it's not limited to basic personal information birth dates social security numbers, criminal and medical history. as if that's not bad enough. they have a treasure trove of information. stuart: you were on a security at one time. >> yeah and the people like myself who were staffers of the national security council had top secret security clearances which were accompanied by a whole host of information that we handed over willingly to the government and so, the point here is that launching an investigation figuring out what happened a great and that's what opm has done. the buck can't stop there. there has to be reform. the government can't expect that you hand over this type of information and they have no way of promising to keep it confidential.

>> do you worry about blackmail? that's a difficult question to ask. do you worry about it? >> absolutely. you know emergency for a moment that the chinese now have access to notes taken by fbi case workers as they interviewed not only your immediate family and friends, but your past employers, your past colleagues possibly disgruntled ex's former friends people you don't remember having contact with in the past and the magnitude of the hack starts to sink in and that's what they've got. would you favor a retaliatory attack? >> that's an interesting question. i don't think that that would be-- that's something at that has to be considered once we've determined with sort of 100% certainty that it was or was not a chinese government attack. it depends on what kind of entity perpetrated the attack. is the government entity i don't think that there's a lot

to be said for the idea that perpetrating a counterattack would help the situation unfortunately. i think we'd be inviting a sort of counterattack. so it's difficult. >> jillian, thank you for being with us and addressing a very difficult situation, we appreciate it. >> thanks stuart. >> forget global warming, scientists now say an ice age could be right around the corner. yes, we will explain it after this.

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xfinity is the destination for all things taylor swift. >> >> solar researchers at north um bria university say that earth is headed for a mini ice age within 15 years. we asked janice dean what she thought about that. >> listen i told you many many times, anything past a

five-day forecast we can't get right. so how are we supposed to? >> cue e-mack. >> you know what north umbria is what scientists have been warning about, solar, the sun's activity and with the northum bria's scientists are-- she's right you can't model beyond five days they're worrying about the sun slowing down and triggering a menini ice age. i'm sure we will get attacked by reporting what north umbria is saying. they're taking seriously, looking at what the sun does. stuart: it's a reputable organization and university making a pitch, a presentation to an establishment organization and they're saying, sun activity will create colder temperatures on

earth within the next 15 years. >> by 2013. they're not saying anything about man made global warming, they're focusing only on the sun and solar activity and the magnetic flux and liquids in the sun and worried that the gyration how it works is slowing down. stuart: i would love to say what the greenies say about it. >> they'll attack it and make shun of it, but it's science. why not include all science to get to the best concensus view. >> they've got the pope on the side of the greenies. maybe some divine intervention there. we've got hillary clinton, she's laying out her economic agenda and doing it now, actually. the agenda is tax the rich and redistribute to the middle class and senior white house correspondent ed henry will be with us after the break. >> it still seems to most americans that i have spoken with that it is stacked for those at the top.

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there's going to be -- there's already been a revolt, he's going to have to shuffle out some hard line socialists and bring in more conservative politicians from opposition parties in an effort to get these reforms through, and that's no guarantee. he has to pass four bills by wednesday and another two by the following wednesday. so that's six bills within the next -- well let's see. eight days. not going to be easy. no guarantee. now, having said that, more countries within the eu, stuart, also havetoring their own governments have to pass

this, so that would include of course greece, and we have germany, we have finland portugal, all those governments have to sign off and each passing day there's a twist and a turn, and someone wants to put a fly in the ointment. >> thanks very much. it is not a done deal at this point. and staying on greece to bring in mike, it is the question which everybody is asking. is america looking more and more like greece? what douse? >> well, we should keep in mind there are some big differences between the and did you say greece. we're a much bigger economy. most of on you debt is internally held while foreigners hold the greek ket. and we control our own occurrence, which the greeks do not. they're in the european central bank. with that said, the basic causes of the greek crisis, over spending, huge pension obligations in the future that can't be delivered on.

a regulatory climate that stifles economic growth and business. those things are things that we have in common with them. we have very similar levels of long-term debt. we already have a short-term debt with gdp and the addition of obamacare and other business regulations we're beginning to see -- >> well, if there's no reform, if we don't change our direction, how long do you think it will be until we have a similar debt crisis? >> well, in fact they recently asked the ceo that very question and he said we couldn't predict when. >> what douse? run away on the entitlement programs with no sign of reform. we have an aging population, the baby boomers are retiring, enormous pension obligations. you know, we are going down that road. what douse about when we might get a similar debt crisis?

>> well, within the next decade budget deficits are expected to top a trillion dollars again. so i think anywhere within the next five to ten years is going to be very telling if we don't show signs of making reforms, then i think that lenders out there are no longer going to be willing to tend us rates. so far we're the best bad deal out there. >> when the but it next presidency has to reform social security, medicare, has to do something about the regulatory climate. all of those are a must if we want to avoid a debt crisis five to ten years from now. is that accurate? >> that's exactly the case. look, this should be the number one campaign issue that's out there. how to estimate economic growth and how to reduce our debt. those are the two keys to keeping the economy growing in the future. if we don't do something about it, we're on the road to greece >> do you think america is prepared to reform

social security and medicare? i don't mean to cut it. just reform it. do you think america is in the position to do that? do the voters want that? >> well, didn't i the prison is that the voters and seniors very easy to intimidate and scare about this. younger voters who are going to bear the cost, they tend to not vote. so you've got a problem where the weight for politicians is all on the side of increasing benefits and putting off the cost of tomorrow. look, hillary clinton not only doesn't want to reform social security, she actually wants to expand it. >> can you pay for all of this by taxing the rich? is that a way out? >> no. you're not gein come out. there simply aren't enough rich people. if you didn't raise taxes and you went out and conif i skated all the money for everybody who earned a million dollars or more last year, you wouldn't even pay off the national debt, let alone all our obligations in the future >> okay. we've got a tough road uphill struggle. here it comes.

and mike tanner, thanks for joining us. appreciate it. >> pleasure >> i want to get back to hillary clinton. earlier this hour we hear about her economic plan. same old tax the rich, spread the wealth. new entitlement program. investments in green energy, we've heard a lot of this before. and look who is here. ryan in new york city. fox news senior white house correspondent ed henry. now, she is shifting to the left >> look at bernie sanders and all the energy to her left. she's getting big crowds, she's trying to meet and greet voters and true to some extent. but the energy, the excitement, it's on the left. it's not just bernie sanders from outside of the presidential campaign. it's elizabeth warren. more we golation. hillary clinton is responding to that. she obviously think so she can start on the left, and try to move to the center later on >> but after this, can you

just willy-nilly -- let's not tax the rich, you can't do that >> no. and look. they say inside the campaign her officials are telling me, look she's going to make this the key battle of her campaign, which is stagnant wages, bring it up >> yeah. >> it's the same thing we've heard before be with it's the income equality debate. here's the other issue for her. how down a champ for the middle class? how do you talk about wages are stagnant when you made $25 million last year? >> by the way, she just took a stab at jeb bush. here's the quote. governor bush said last week americans need to work longer hours. well, he must not have met many american workers. >> the bush campaign says that's out of context. people are working longer hours already they're dealing, people are working multiple jobs, you've got part-time people and get them into full-time jobs.

these things that get taken out of context -- >> the binders of women >> sure. and all of a sudden it lights up the campaign, donald trump has been dealing dealing with this on the mexican comments he made. very bottom line here. she realize that she's going to try to pounce on jeb bush and in the days ahead he will say, you know, what you can do about stagnant wages? economic growth. >> by the way carly has been weighing in on what hillary clinton has just said. liz, you're following >> yeah. this is a reversal. bill at which point in '96 said the air of big government is over, and now she's saying it's just beginning. hillary clinton's proposals will make income equality worse. it will worsen the state of the middle class right now. she's saying i'm a resident of california, just look what's going on there. poverty rates up, middle class fleeing. there are more small businesses failing than being created. so she's saying, well, hillary clinton's policy, bigger

government means bigger capitalism, means the middle class suffers >> yes. but ed, isn't that what voters like to hear? i'll give you this. i'll take from them, give you this. pre-k, universal that's what voters want, isn't it? >> president obama then senator obama let's spread the wealth around. and john mccain, 2008, i was covering him then. and he was saying this is redistribution. let's spread it around. he said it to joe the plumber. and then obama said it out loud and got elected twice >> this is more and not what your country can do for you which jfk said. and does not what you can do -- whatever that was. what government can do for you >> yeah. >> but now it's ask what government can do for you. >> well, here's the that thing hillary clinton is getting right and the republican candidates haven't figured out is the message selling. but number two hillary clinton

is out there. i've been out there a lot. and day after day when she's on the road in new york city giving the speech, talking about the economy jobs, middle class. republicans oftentimes -- not every day but same-sex marriage the debate about the border important issues. no doubt about it. but hillary clinton when i talked to her top age what they say in private is the republicans want to talk about the other issues. she's going to pound the economy, the middle class and she thinks it's going to be a three yards in a cloud of dust and she's going to ride it rightly into the end zone. >> appreciate it. thank you. >> thank you >> time for the sector report. plenty of the consumer stocks hitting all-time highs today. big names and you know some of them. i think you probably know all of them. look at disney. nike starbucks amazon. all of them are at record all-time highs as of right now. cvs, did dollar general o'reilly automotive and under armour. all-time highs.

why not? the dow up nearly 200 points. and then we've got one of mexico's most dangerous drug lords pulling off a daring prison escape for the second time. colonel ralph peters joins us in a moment. will he is it's time to put troops on the border? we'll certainly ask him. [dad]i wear a dozen different hats doing small gigs,side gigs...gig gigs. quickbooks self-employed helps me get ready for tax time. to separate expenses,i just swipe. it's one hat i don't mind wearing.

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loans and the bailout and the euro zone stock up 190 points. 17,951 and the dow competence are up for the upside. nike all-time high, disney as well. microsoft, caterpillar among the leaders there as well as visa. take a look at here, though. national bank of greece. you can see it's down 2%. we saw the charge sounds like a pop and then a drop. interestingly enough we did get a pop early on. and now let's take a look at here. another name hitting an all-time high. that would be starbucks 100,000 new workers young minority workers. and 55.57 right now. and lifetime high and if you love that, they only make about 60 cups of that per day per location.

>> 193 points, the dow is now positive for the year. and as i told you previously, disney nike, amongst others breaking out to new life-time highs. and look atrophy. 117. and pope francis came out with it. a denunciation of capitalism. there's the stench of what they called the dung of the

devil. clearly going after the whole concept of capitalism. why does he use such extreme language? >> he wants to shake things up. he's basically saying, listen, the flag of the poor is what christianity is all about. poverty and poor at the heart of the gospel message. so yes he's using very vivid language right here. he has said i do not believe in communism. i am against mark, mark hasn't invented anything. and what he's worried about i'm raised catholic, he doesn't want materialism to dead enpeople spirituality. he's trying to bring people back. >> he's ignoring the two three, 400 million people who have been raised out of poverty >> right. >> by a form of capitalism. he's ignoring a couple hundred million people in india who have been raised out of abject poverty by a form of capitalism.

and he's saying that poverty is at the heart of the gospels as opposed to having your soul saved? i'm not quite sure i'm onboard with all of this >> well, he doesn't want materialism to take over. well you're right. coming of our argentina always about the third way about capitalism and communism. he's still struggling, i think, the pope about that message to get to what works economically. and you're right capitalism has helped a lot of people, but the thing is against communism >> yeah. where is it? i would love to see it. thanks so much. >> sure. >> the top mexican drug lord, he escaped from the mexican primary maximum security prison. he escaped through a one-mile tunnel that ran right underneath his cell. he went to take a shower, he punched a whole in the shore of the tunnel, and road a motorcycle to freedom. get that?

second time he's done it. joining me now ralph peters. i'm still trying to get to the details of the story. but you have personal experience of the drug war in mexico. you were there for some time. tell me your story >> well, no, i had originally done in special project and then i spent a year in the drug office under the clinton administration and my experience was in the border towns doing research and in tijuana and the paradigm for me was an experience i had. our defense -- our dea people -- and dea and fbi really do good work, they do their best. but the dea took me over to a under cover site where they were training well vetted counter drug commandos. these are real mexican

patriots who wanted to do the right thing for their country. within a year after my visit they were all dead. betrayed by their fellow government employees. so the problem in mexico isn't -- it's not going to be solved by a wall in the border. it's a deep cultural problem. and, stuart, you know, some cognitive distance where the average growing middle class they want a system that's more like ours that's less corrupt. but they facility the corruption every day because mexico in the political culture the corruption is now so deep that basically corruption is the motor that holds the before this accident together. and i don't know how you fix it. successive presidents have tried to fix this, and then you get situations like this where he's clearly getting out of prisoner >> what about the this question that keeps on coming up? we've got a pooresque border, we don't know who is coming

through it. we know that some really bad guys have come north through that border. why are you opposed to putting troops on the border? >> because it's a placebo. we've put troops on the border before and the rules of engagement are so strict that the troops couldn't arrest anybody and they had to call the border patrol and they watched the illegals go right by their noses. so there's no civil bullet here. you have to take a comprehensive approach. and where it begins is not at the border, but it begins at deporting violently felonies, making it serious crime to employ illegals and cracking down on central american and mexican drug gangs. and to we're not willing to do any of that. look at san francisco the recent tragedy there, which is a much much deeper and wider problem. if you're not willing -- if we have our border patrol playing

catch and release. if you have dea guys who are tough cookies, you have them playing catch and release under the obama administration, you can't get there. it's a human problem, and you have to address a human elements. stuff won't change it >> well, said. ralph peters, thank you very much indeed for being with us as usual. >> thank you >> here's the chain of events. nuclear deal with iran expected to be announced soon. that should send the price of oil down because sanctions will come off, and they can sell a lot of oil. here's the question. oil's down about $10 a barrel in the past month. now it's down to $52 a barrel. so why is gasoline not getting cheaper? because it's not the. more varney after this

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with the very latest >> this speech wrapped up moments ago. it was a speech by definition. more than 40 minutes long, hillary clinton giving a framework of her economic agenda and a lot of it she said i will outline in the up coming weeks or outline in the up coming months. for example, she calls for fairer profit-sharing. she said she would outline that later this week in new hampshire. she said is how she would like to get students to refinance their student debt, and she would talk about that in the up coming months. she called for a strong, fair, long term growth and only mentioned three republican candidates by name. jeb bush. marco rubio and scott walker. so it is clear to see at least who she is keeping her eyes on >> wow. so that's who she thinks the competition is. even though carly blasting her. thank you very much. we've got hour three of "varney & company" just three minutes away. stay with us

>> is america becoming greece? yes. i regret to say as a refugee from europe, yes, it is. the model is clearly broken, but is america determined follow their failed example? entitlement programs over there, out of control. wildly expensive. welfare programs, same story. regulation horrific. you want to hire someone for a summer job? forget about it. difficult to hire. impossible to fire. now, you can have all of these goodies if you can pay for it. but they can't. and neither can we. europe has another problem. that we are beginning to see members of the jury here today. many more people in requirement living on the health and pension benefits provided by a smaller workforce. it just doesn't add up. now, over here -- what's happening? same story.

generous handouts, no reform of social security or medicare and a rapidly raising population. despite all of this, the left wants more government. the left admires the european model and thinks we can pay for it by taxing the rich. nonsense. the left is buying votes today claiming the rich will pay the bill tomorrow. it doesn't add up over there. and it doesn't add up over here. so unfortunately yes. we are looking more and more like greece every day. ♪♪ ♪ >> we'll got measure on my take in just a moment. but look at this, that is the market rallying, they're not going to be leaving the your owe zone today, there is a

deal with but it's not signed. the dow is up 200 points, and if you look aat all 30 dow stocks, they're all higher. chevron is a little lower. and nike and disney both of them hitting an all-time high. and under armour, jordan spieth won another tournament big publicity for them. and then there's netflix. new high there. goldman sachs raising the price target to $780 a share. it's now around 710. big jump today because that goldman recommendation. as for the price of oil it's down a bit this morning at $52 a barrel and down $10 a barrel in the past month. however as oil goes down, gasoline has not followed suit. it's still averaging 2.77 for the national average on regular.

let's get back to my take. america, in my opinion, is becoming more and more like greece. fox news senior joins us now from washington. you heard my opinion just expressed moments ago that we are on the road toward looking more and more like greece. do you agree with me? >> i do, stuart, and i would particularly note that one of the problems that we are having that greece is having and which if not most of the world is having is slow growth. we can impose on greece so if you can embryos on greece it is stringent terms. and unless the economy tends to grow, and it's certainly not grow now, they will dig out from this debt. they can cut their spending and what greece needs now is growth. that will forestall at least the outcome that you can predict >> yeah. if you've got 4 5%

growth, and you can keep it up for a year or two the money rolls in tax revenue more people are employed, you've got growth, you've got wealth creation. and then you can have some of the goodies, which you promise your population. but in the absence of growth, you just don't get there. my point would be that we show no sign of going for growth. in fact, we show every side of going the other way more and more towards looking at europe >> well, that is certainly true of the world as we've known it since the obama administration came to town. and this is -- they wanted -- the administration from the get-go has wanted higher taxes and a real renaissance of regulation in the u.s. economy. now, the u.s. economy is a force of nature, stuart, as you know. it is born to grow. millions of people go to work every day trying to make their businesses grow. it's natural state is growth. and after a recession it kind of tends to bounce back very strongly.

that has not happened this time around. we've got a sluggish recovery. it's under steenel now and we should be way ahead of where we are now. and if we were, we would be in a lot better shape with all the budgetarian if i canal turns this threaten us. >> i want to talk briefly you follow this more closely than i do. but i want to talk about donald trump despite surging poll numbers not everybody is onboard with what he's saying. yesterday he tweeted this. mexican immigrants as with all immigrants have much lower crime rates than, in fact, born. el paso with the safest city in the u.s. trump is wrong. all right brit. what do you make of this? >> well, i saw that actually on twitter. because i follow mr. murdoch on twitter and there was an avalanche of trump admirers saying his facts were yong i don't think and you just come down from the border and live here for a while and all the

rest of it. and i don't disagree with what he said and i don't disagree with the spirt of it above all. but i would say he wreck up all the wrong passengers. and they all came after him. and you get a sense of the intensity of the feeling for trump, which is at the moment running very strong indeed >> well, he's running against politicians and that is wildly successful. because a lot of politicians don't say things the way that ordinary people understand what's going on >> well, he says a lot of things that he wasn't saying a few years ago. but people seem to be immune from that. they don't seem to mind he's flip-flopped in a number of issues, including immigration. now, let me make this point about it. now, one thing you want to do in a primary field -- you want to be everybody's first choice if you can but you can't. so you want to be people's second choice because that means if you get ahead of people they drop -- they fall away, and you want their followers to come to you. well, if you go around

attacking personally everybody that you're running against as he has repeatedly done, i mean over the weekend he was saying -- he didn't say jeb bush has the wrong ideas or his policies didn't make sense, he said the guy's terrible. so, you know, he makes it personal. that's a political amateurs mistake, and i expect there will be more mistakes. >> i hope to see you or reports tonight. best political show on television. we'll be watching. >> thanks, stuart, good to see you. >> in the last hour, hillary clinton mapped out her economic plan for the 2016 election. she wants to boost the middle class by taxing the rich. look who is here. charlie gasparino joins us >> i think i've heard this somewhere else. who was the guy? oh yeah, president obama. he said we should tax the family of rich people, that make $250,000 a year, that's rich in obama world. and maybe hillary clinton

world too. he said we should do that and then we should -- maybe try to transfer that money to some other people and guess what? if we do all of that, we're going to get really good economic growth. we're going to pull ourselves way outfit recession of 2008. and guess what? it's >> it's pure nonsense. >> it hasn't happened. and this has been the slowest economic recovery in -- since the great depression. in years. we're talking in maybe 75 years i've read. this is an economic approach that is all about taxes and regulation. and here's the real issue with hillary clinton. you know, i just don't know because if i talk to her wall street supporters all the time and they are, you know, democrats but moderate democrats and they say this is all bs. she may at a you can this stuff, but in reality she's going to go back to being the crony capitalist that her and her husband were back in the 1990s. >> next with you one for you. she called out jeb bush. listen to this directly.

roll tape. >> now you may have heard governor bush say last week that americans just need to work longer hours. well, he must not have met very many american workers. >> cheap shot? >> no. i think, you know when you're running for president, and i said this when charles was in your seat last week, and he disagreed with me. and i'll say it again. that was an amter mistake by jeb bush, and that was a message i want to provide good paying jobs, this administration hasn't done it. not people need to work longer >> yeah. >> jeb bush is referring to all the part-time jobs that are being created. >> well, then say this. >> yes. >> and i think that's the problem with it. you know, trump said over the weekend he

was pretty funny. you know, jeb bush is terrible. he said i can't believe i'm losing to a guy this terrible. that's what he said. and here's the interesting thing. if you're going to make ham hardened statements like that people's no. that is not good campaigning. that is terrible. >> you're right. it was an elementary mistake >> right. >> and he made it. >> all right charlie, thank you very much indeed. >> okay. >> we really do cover it all on "varney & company." just listen to this. jackson better known as 50-cent, did i pronounce that correctly? >> 50. >> filing for bankruptcy. >> bankrupt? really? >> i'm just seeing this. >> i'm going to say 50-cent but 50 is fine. so he just filed for bankruptcy his assets, 10 million his debt, 50 million. he was just ordered to pay $5 million to a sex tape that 50-cent was not in, and back in 2009 the rapper leaked it

and only as a result it has been viewed $4 million and the woman almost committed suicide and he's ordered to pay $5 million and he won over $1 million on the mayweather pack i don't fight. >> bankruptcy. >> bankruptcy. >> he can work his way out of it. what you do donald trump almost did in the early 1990s. you go and you say listen here's what i owe. here's what i can pay you. i can i can make more money in the future. it's what greece wants to do. >> he just has to put out a hot song right now and he'll be fine. >> all right, 50. >> team up with taylor swift. >> coming up at 1:40 eastern time, lee will join me to talk about the proposed iran plan, which is supposed to announce shortly and why he is not happy with it. and then we've got pope francis. he's on a roll, now he's blaming it no global warming.

we'll deal with that in a moment

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>> pope francis squarely taking aim at global capitalism. listen to this. here's a quote. behind all this pain, debt, and destruction, there is this stench of what he called the dung of the devil. he also said capitalism is to blame for climate change. and father, welcoming to the program. >> thank you stuart >> yes. now then, father >> indeed >> this message is being preached in catholic corporates across the land. what is this anticapitalist message? >> i think there's a lot of head scratching because this is not what we expect the pope to be talking about. i think he comes in a backed in argentina where the economy is always a problem and a disaster, and they try to figure out who is to blame.

in the united states we witness the -- the system works very well to spread wealth through work and through opportunity. pope the second was the big supporter of that. and i think pope francis, you know doesn't have the same appreciation, and that's causing head scratching >> you're in a very uncomfortable position because i don't think you agree with what the politics is saying but at the same time he heads the church >> right. and this is a distinction that has to be made. the pope can have a political economic view of things, take, for instance, he viewed replacing with cuba a good thing. i don't think that was good. i think they are dictators and should not be helped by any american influx of money. that doesn't make me a bad catholic to say that. so if the pope talks about economics and purchases a semisocialist solution to problems, i think a good cath i can can say holy father the record on that is not good. let's talk about it. >> when i go to church, if i

heard the minister during the sermon getting get it into politics i would love that church. configure to church to get my soul taken care of. i don't want politics. it's a very difficult thing that the pope is doing >> well, the pope has to talk about issues from moraleity but solutions that i think are disastrous socialist and economy they may get a basket case. i don't think we should look at that, and i don't think the pope -- capitalism does a lot of good >> but the role of christianity is saving one's soul >> yes. >> it's a spiritual thing >> it is spiritual. but we do live in the world -- so like, i tell rich people the thing you can do is give your money away, particularly to like that church to help promote the salvation of souls. but i'm not going to tell catholics you're participating in something things that is

immoral because you're making money off of it. the pope i don't think would go that far. but he does say in different places the rich taking advantage of the piano. that may happen in dictatorships, but in a free economy, that's not the issue >> father, wouldn't you like to go back to the days with john paul the second, ronald reagan change the world opinion about communism and won. and now president obama changing the world opinion to the left. >> i don't think world opinion is going to be changed the way it was under john paul the second. he has a lot of logic and experience on his side, which was all good. look, we're living the benefits of john paul the second and ronald reagan. you know, the economy in the worrell is growing. people being pulled out of poverty, china and india. i don't think we should look at disaster zones where socialists are in charge and say everything is bad. we should say those places are bad. they should look to the example of indian china >> when the people comes to america, what would the americans say to him >> well, we're looking for

words of encouragement because our problem in the united states is not capitalism, it's people rejecting god, becoming selfish, greedy, that's where you can talk about money. some kid who says i want to make millions of dollars so i don't have to work the rest of my life, that's a horrendous way to live. >> horrendous way to live? >> i've seen it up close. and i can say look, put yourself on your knees and give your money to others. that's a very good way to live. >> that's a good out cue. >> thank you stuart >> speaker of capitalism, singer song writer, john, he's suing his clear water rival band mates from their old hits as well as their new band name. first of all you've got to explain what's going on. not peace in love in the '60s

>> the band broke up in 1972. so you have john suing the original band. clearance, clear water and revival. two of his old band mates found a new band group. and when the other two are performing together, they're using his songs his name, and all of that. he says that's breach of contract, and he is suing for unpaid royalties >> is there an amount of money -- >> no. it's undisclosed. >> this has been going on for dwight quiet sometime. in fact, he wants money going back to 2011 >> i just want to know what are the royalties from those old hits over a period of years? >> fortunate sun bad moon rising >> yeah. but i want the dollar number >> i'll look for it for you but i'm not sure right now. >> they're both out on tour. they're both probably doing fine >> yeah. but justice is justice. thank you very much. the irs breaking rules left right and center recently. now its missed a court imposed

deadline for e-mails. full details next

>> the irs ignoring a court-imposed deadline to produce those newly found e-mails. gerri willis has been

following this story very, very closely. take me through it. >> all right. so as you know judicial two years ago to get all this information to get the lois e-mails and the irs said nothing doing basically. we're going to go and duplicate those e-mails and make sure there aren't duplications. now the court said you must turn these over. every monday we want another 1,800 e-mails the irs turned over nothing. so now this week we are expecting them to come across with something but nothing yet, my friend. still waiting. now, you and i could not get away with this >> no. way. >> even if we told the irs we lost our information. the dog ate it. that would not work for us. but for the irs, they are getting away with this >> now these are important e-mails, they're from lois learner between her superiors the white house that kind of communication. >> all of her e-mails.

>> pressuring conservatives >> all of her e-mails. that's when we were talking about the denial of tax-free status to conservative groups, especially tea party groups; right? this is the issue the crux of the issue the irs seems to be playing a waiting game waiting for the president to get out of office. waiting for the like a. holding these up. holding them back. keeping them away >> but they can't hold it up for another 18 months or whatever it was. >> why would you think you would have to comply with the order? it's a u.s. district court judge. >> a federal judge? >> requiring that they do this, and they are not >> and it's 11:26 eastern time in the morning on monday when they're supposed to turn over 1,800 e-mails last monday, nonproduced, this monday, nothing so far >> none so far. >> so they're 3,600 >> i'll let you know. >> it's a great story, and it goes on and on and on.

>> no. resolution. you know, look, the irs is out of control. that's what we've been able to establish by our reporting here. they're doing that things other agencies can get away with. they're certainly doing that things regular americans could get get away with. >> let's sigh sea what judge sullivan does at the end of the day. the world and watching and waiting for greece to make its move. will it accept the offer that is on the table from the europeans about giving them more money? we're going to go live to athens in a moment. the dow is up 180 [dad]i wear a dozen different hats doing small gigs,side gigs...gig gigs. quickbooks self-employed helps me get ready for tax time. to separate expenses,i just swipe. it's one hat i don't mind wearing.

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stuart: the rally holds, up 190 for the dow. the greeks, the news from greece by the way, it is not a done deal yet but the market is rallying nicely. look at the price of oil, it's down at the moment we're down to $52.76 a barrel. the price of gasoline, though you'd think it would come down along with the price of oil, that's not true. it's up slightly overnight to $2.77, that's your national average for america. >> it is not a done deal yet. officials still face tough measures that need approval by the greek parliament like cutting pensions, like raising taxes. they've got to do all of that before they get any money.

ashley webster has been in athens for most of his life, and he's with us now. all right ashley -- [laughter] the banks are still not open. we were talking to you earlier. they're not open yet and i don't think they can open until parliament passes these measures on pensions and taxes and that won't be until thursday. >> right. stuart: is that the situation on the ground right now? >> that is exactly right, stuart. and even then other countries within the e.u. then have to pass this deal within their own parliaments. it's then that the ecb would have the green light to go ahead and start pumping some extra money into the banks. so for the time being, they've been closed for two weeks, we're into week number three, and they are still closed. in fact, i asked many people today how difficult is it to just live on a small amount of money, and i was told by many especially the young people they don't have any money in the first place. >> i think for us we don't have so much dealing with the banks, but for our parents and for

enterprises, yes, yes, it's a problem. >> well there you go. that's certainly for the parents, and it's supposed to be 60 euros a day stuart, they're only getting 50 year rows by most accounts and the banks are running very close to being out of cash. meanwhile, alexis tsipras, the prime minister of greece, now has to try and find some sort of coalition in that building behind me in order to get these reforms passed. and as you said, it's going to have to happen very quickly and with decisiveness. let's be honest up until now the greeks have been anything but honest in their dealings, and this time if they don't do it, you can bet your boots they're going to be kicked out of the eurozone. stuart: whoa, strong stuff. ashley webster, thanks very much. i'm going to stay on the greek issue and bring in heritage economist and fox contributor steve moore. steve i'm going to ask you the question we've been asking everybody all day long here, is america going down the greek road? are we becoming like them? >> well, let's start with this

greece deal, because it's -- this is, we're going to have the same conversation two or three years from now when this latest bailout package is up and greece is not going to have the money to repay it and they've essentially just swept this all under the rug. look everything is wonderful, and everything is not wonderful. can you think by the way stuart of a worse idea than a country that's going bankrupt and its economy not growing erasing its value-added tax. that's the dumbest thing i've ever heard. greece should be cutting its taxes and cutting government spending, and it looks to me like it's doing just the opposite. are we greece? no, we're not greece. we have $18 trillion of debt, we're growing that by about a trillion dollars a year our economy is not growing fast enough, and what's interesting is i listened to hillary's speech today and, you know, the theme that ran through that speech was, you know europe is doing all these wonderful things, europe is providing all this free childcare europe is providing, you know sick leave for their workers, so we should

do it here in the united states. why would we want to do what europe is doing? they're going bankrupt! stuart: did she really make that direct comparison, look at the europeans, what they're doing for their people? direct compassion with europe at a moment like this? she said that? >> let me refine the point. she didn't say europe, she said all these other industrialized countries. now, who do you think she was talking about? [laughter] stuart: right. >> she didn't mention them by name, but france and spain and italy and germany and greece that have all these wonderful free things for people, and that policy is bankrupting these countries. so, no, i think wall street is deluding themselves in thinking that somehow this problem has been solved. in fact i would say that this deal if it goes forward with this higher value-added tax for greece, is going to make things worse. they need a flat tax, for goodness sake. did you know in greece today over 50% of the gdp is government spending? is it any wonder that their economy doesn't work? stuart: of course. let me raise this issue with you, and this is directly from

britain. in the u.k. they plan to raise -- this is a conservative government -- plan to raise the minimum wage substantially up to about $14 an hour. in return for cuts in welfare benefits. now, that's an interesting thing from a conservative government. and i'm wondering would you recommend that as a policy move by any republican candidate in america? >> you know, i like the idea of cutting welfare benefits in exchange for higher wages for jobs but we have a program in the united states that actually works pretty well. it's one of the few welfare programs that works, it's called an earned income credit. it's, essentially, a supplement to a low income worker's wages so they can get out of poverty. but it does not -- here's the key thing, and this is an important point, stuart, it does not put all the cost on the back of the employer, because if you do that, they're not going to hire the worker. it basically has the taxpayer say okay, we're going to supplement your income, but there's going to be less welfare

benefits. that's the way to go about it. stuart: this is a straightforward quid pro quo big jump in the minimum wage but a direct cut in benefits. >> the reason i'm against that is because it's going to destroy the very jobs for the people you're trying to help by reducing -- stuart: yeah, but politically -- i agree with you, but politically it disarms the left because they want a rising minimum wage, and they'll get it. what they don't want is a cut in welfare benefits but that's what the conservatives want. bingo you've got a deal. >> well, they've got -- stuart, they've got half the equation right. you're right, the reason we see so many low income people in britain and the united states entering the work force is because welfare has taken the place of work. welfare has replaced work rather than being a supplement to work. stuart: that's why the tories in britain are doing this. they want a disincentive to go

on welfare, lower welfare benefits. i'm very intrigued with this idea. >> i am. stuart: it might work. >> stuart here's the problem, what do you do about a worker who can only produce $8 or $10 an hour? i'm not saying you but is the british government saying that person can't work? nobody's going to employ someone if they can't produce enough that, you know, validates that wage. $14 is a lot, and there are a lot of less skilled people. you're going to destroy the kind of starter jobs in the economy that are essential to getting on the economic road to recovery. in the united states, half of poor people don't have anybody working at all. no one is working, so they're not on the economic ladder at all. stuart: i just want a political situation in which free market supporters can win. >> right. stuart: that's what i want. >> we speak the same language on that, my friend. stuart: steve, thank you for joining us. check the share price of chipotle, raising price because of a higher minimum wage. especially, i think, it's in san

francisco. lauren, what's this? >> this is the free market working. essentially, earlier this year san francisco hiked the minimum wage there 14% to $12.25 an hour. that goes to $15 in 2018. guess what chipotle did? they raised their menu prices everywhere but more so in san francisco and cited the higher minimum wage. so prices for beef on the chipotle member you in san fran up 14%, and the list goes on. but the hikes there were greater because of the wage being greater. stuart: if they've got the excuse of the higher minimum wage, revenue may actually go up more than the increased can cost of the labor if you time it right. >> there you go. that is correct. stuart: and the stock is up. >> it's up 2% today. it is down about 4% this year. chipotle's had a bunch of issues but it's always ranked at the top of the fast food surveys and the like. stuart: a couple years ago it was $40 or $50 -- at that time, oh there's a spike in the price

there. how could it go any higher than that? >> it went to 727. [laughter] stuart: yes it did. we're on the verge of an historic deal with iran right now. it is up to congress -- well, we are told that there is an announcement coming about a deal with iran on nukes, that it will come shortly. what will congress say when they see the details of this deal? which we haven't seen yet? we have a member of congress to tell us what he thinks in just a moment.

♪ >> i'm nicole petallides with your fox business brief. stocks held onto gains all day long the dow up 195 points, 17,954. the nasdaq composite up 19 -- excuse me, up 65 and the s&p 500 up 19. we have a couple of names on the dow jones industrial average hitting lifetime highs. nike and disney both to the upside. and, again lifetime highs there, both are winners gaining more than 1% each. how about apple? gaining market share for apple, recorded a 92% of the total operating income from the world's top smartphone maker. that's a winner. and comcast launching a new streaming service. it'll roll out nationwide next year, starts in boston, but at $15 a month, this is their effort to grab those younger customers looking to cut the

cord from cable. when kevin jorgeson needs light, he trusts only duracell quantum because it lasts longer in 99% of devices.

stuart: a deal on nukes with iran is set to be imminent, an announcement certainly, and because of that the price of oil recently has been coming down. at the moment the price of oil is pretty much dead flat. jeff flock is on the floor of the cme in chicago. all right, jeff what's with oil now? >> reporter: it's rallying back just in the last 15 minutes, stuart. we've had a rally back, it was down as much as -- it was down to $51.26, so that's down about

a buck and a half. it's now back plus ten i see on the chart right now. so, you know, it has rallied back, and that fits with what traders had been telling us which is, you know, people make a big deal out of iran but the question is how was -- how fast can they come up and how much can they truly pump? stuart: yes fair point. also do we, in fact have a deal of any kind. that's another open question, of course. >> reporter: exactly. you said it. stuart: thank you, jeff. as we said an announcement of a deal could be coming soon between iran and the u.s. new york congressman lee selden is with us now. congressman, obviously we've not seen this deal yet we're simply told it's going to be announced very shortly. what would be the sticking points for you? i'm thinking in terms of will you insist on full and open inspection of all military sites, for example? i'm not sure the congressman can hear me.

can you hear me, sir? >> i can hear you. stuart: okay. my question was look, are there sticking points for you? for example, will you insist that we can inspect any and all military sites in iran? whenever we want to? is that something you want? >> absolutely. i mean, you have to be able to insure compliance. i mean we're negotiating with someone who is not trustworthy, they're not negotiating in good faith. there are a lot of sticking points. it's important to be open-minded but the american public and congress we don't have to be naive at the same exact time. there's a lot that isn't even part of the negotiations as we negotiate away these sanctions with permanent concessions on our side in exchange for temporary concessions on the part of the iranians. so you hit an important one. there has to be a way to insure compliance. stuart: what about the other side of the fence? i'm talking about sanctions. the iranians want all sanctions lifted immediately. earlier on the program today we had on our guest ambassador john bolton, who was talking

about the iran deal and sanctions. let's roll that tape briefly and, congressman i hope you can hear this. >> so let's be clear if he signs this deal it's not just a matter of american sanctions, and the security council will vote to lift those sanctions, europe, russia, china and everybody else will release theirs. so each if the deal's opponents prevail in congress, for the rest of the world, the sanctions are coming off sooner rather than later. stuart: basically, congressman he was saying, look, if you take those sanctions off now you'll never get them back and i think that's probably true. >> the ambassador's absolutely correct. some of our sanctions might take eight years to put into place. it's one thing for the president to sign an executive order for congress to pass a sanction legislatively, but then over the course of what could be months and years working with foreign governments, foreign entities to put teeth into those sanctions, the president has spoken about how the sanctions will snap back. and you can't just snap back a

sanction that takes eight years to put into place. stuart: congressman you're in a position of great responsibility. because president obama wants this deal. he wants it for his legacy and he wants to preserve an element of what he thinks of as peace in the middle east. but at the same time, you've got to be our representative out there making sure that we are secure. a very responsible position for you to be in at this point, very poignant position. >> and the responsibility, the duty is to reject a bad deal. i mean, the fact is that life after the obama presidency fortunately, will go on. 2017 will be here. we will have a new president. everything that iran is doing that isn't even part of the negotiations will still be challenges that america faces. iran's development of icbns they're overthrowing governments sponsoring terror pledging to wipe israel off the map, they have unjustly

imprisoned united states citizens including a marine, a pastor, a journalist. all this not even part of the negotiations. it's congress' responsibility that if we are presented with a bad deal, that we reject that bad deal. it doesn't matter whether you are republican or democrat. for those democrats who know better as they're looking at the substance of a deal and they know they're reading a bad one, whether they are thinking about their own self-preservation because they want to be in congress in 2017, they need to do the right thing for america and american security and reject a bad deal. stuart: if you reject the deal, you will be called a warmonger, because to the president no deal equals war. that's the way it is. >> yeah i absolutely reject that. the irony with the president's statement is that he is actually paving the path to more instability in the middle east. he is paving the path to triggering a nuclear arms race in the region. so with the president saying that, you know, he's trying to win a messaging war with his own

domestic politics at home. he says the sanctions weren't working. other people are saying the sakss aren't working -- sanctionings aren't working. why are the iranians trying to get tense of billions of dollars -- tens of billions of dollars of a signing bonus just for entering into an agreement? the president says whatever he agrees to is the only alternative to war, i emphatically reject that. stuart: what happens if this deal is rejected and the iranians go straightforward, they're trying to make a bomb, what will israel do? >> well, israel is, has shown a willingness to do whatever is necessary to maintain the existence and self-preservation of their nation and there are other countries all around the world that are impacted by iranians' actions in different ways. as far as israel goes, i think it would be very helpful if they were given the resources to take matters into their own hands. we have bunker-buster bombs in surplus. israel, the israelis don't have and i'm sure they have more of a

willingness to use them when necessary. stuart: okay. congressman lee zeldin it's a difficult subject, but we thank you for addressing it today. come back and see us soon because we may get an announcement fairly soon. thank you. >> thank you. stuart: a game changer for anyone who's cracked their smartphone screen. within five years revolutionary new material will let it heal itself. wait til you hear this. roll tape. >> the sphere breaks it releases a liquid that hardens because it's interacting with the other component there, and it goes, oh, now with this chemical reaction it's a more solid surface.

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call liberty mutual for a free quote today at 1-888-438-9061 see car insurance in a whole new light. liberty mutual insurance. stuart: this, you've got to hear. quick news alert. escaped druglord el chapo guzman posting to twitter saying donald trump will eat his words. that is an outright threat from the druglord. this means that trump is going up directly against a drug lord. i think it strengthens trump's position. >> absolutely. donald trump had his i told you so moment when el chapo escaped from prison. we couldn't stop talking about it here in the media it dominated the headlines and now the fact that he end out this tweet to -- sent out this tweet

to donald, donald is still in the headlines. this is unbelievable. stuart: you get this extraordinary story of the man's escape, a mile-long tunnel that just happens to be underneath his cell, and he jumps on a motorcycle, goes through the tunnel to freedom, and then he tweets at trump -- [laughter] it's priceless. >> how he even knew to tweet at trump who told him to do that is what i want to know. stuart: i've got to break away for this: researchers have developed a new self-healing screen that can fix your cracked smartphone instantly. >> yep. stuart: i think this is cool. but i want to see it in practice, and i'm told it actually works. >> in about five years, they're saying that this chemical this material can make its way to smartphone screens but better yet, to cracked windshields to my manicure, chipped nail polish, to airplane wings. so this chemical could, essentially, fix and save you money in a wide variety of industries. stuart: it's a chemical, or is it a material for constructing

these -- >> it's a synthetic material. it's like crazy glue which seep into the cracks. -- seeps into the cracks. stuart: okay. now you know, kid. we'll have more "varney" for you after this.

>> in the united states, we witness immigrants coming here. the system works very well to spread wealth through work and through opportunity. pope john paul ii was a big support err of that, and i think pope francis, you know, doesn't have the same appreciation, and that's causing head scratching. stuart: yeah. he's talking about the pope's comments on capitalism. that puts the good father in a difficult position, to say the least. a couple more comments that came in to us on facebook. carter says this about the border: we need a military base in south texas. we're defenseless to any organized invasion and the cartel is as dangerous as isis. carol says this about scott walker announcing his candidacy

which he did today: too young and inexperienced though he did well with his state. trump is the fighting bull we need. my time is up but look who's here? charles payne, having brilliantly anchored this show for two weeks, now he does neil's. charles: thanks, stuart. hi i am charles payne in for neil cavuto. we've got a busy monday, hillary clinton's slamming the rich. what else is new? but texas governor greg abbott says if hillary wants to create jobs, she should look at what he's doing in his state. he's going to be here with some tips for her and all of us. and oil prices have been struggling all day long investors anticipating this iranian nuke deal. it could actually happen this hour. we are going to be all over that. but first, our real big story the deal in greece. ashley webster reports there are a lot of unhappy greeks out there. let's go to ashley, ashley's done an amazing job in athens. listen we knew they'd have to bite the bull