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tv   Fox Files  FOX Business  July 18, 2015 6:00pm-7:01pm EDT

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free brochure and ask about free activation. breaking news authorities are investigating yesterday's shooting as an act of terrorism need well we are learning more about the shooter. the 24 year-old briefly worked at the ohio nuclear plant in 2013 with at least two guns during the rampage and investigators are looking into this trouble right now the fbi cannot confirm it is isis inspired but what is social media's role to stop by says?-- isis.
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charles: free speech and hate speech. this is the heart and soul of the internet community have nailed it was content for bullying. lieutenant rogers from the joint terrorism task force for verse senior officer and our fox news contributor. people don't understand but been under fire with the internet community because they have drawn a line if he did do anything that smacks of policing forget about terrorism or pornography or offensive they will cut you out. why can twitter or facebook to that? >> what they're doing this is reasonable that you cannot like a certain group but you cannot stir into kill them. they will ben you if you do
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that but not if you hate a group but to put even to a certain category like 7-eleven with pornography is behind the counter you have to ask for it it will not come up is search engines it is a reasonable precaution in this new world but twitter could figure out a way to do that. but you can block people argue to them or clean up your own time line. charles: there is somebody websites maybe 46,000 per 100,000 tweets per day why coated twitter? is someone is accused of cyberbullies twitter will cut them off why can't you cut off the biggest on the planet? >> take it a step further and then allows the nsa to do their job. will we have seen is the hindrance to conduct
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surveillance. it is controversial but i won a country left to live in the only way to do that is if we give the intelligence community that capability not to spy on people but monitor what is going on and proceed from there. charles: how all this said did this jayvee team gets up a crowd swelled to take over giant swath of land? now they are more savvy than we are? >> you're asking the best question they're taking old school jihad and bring it to the forefront they are always one step ahead of us that we always are reactive whether on their red weber on the battlefield. yes said all of my little cousins to be bullied wherever it is that from a
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counterterrorism point of view i want that to be there i did a story that they are selling antiquities. charles: is it better to stop that message to get to potential targets? >> i don't think we're acting on this information be enough to justify. >> so there has to be a risk/reward they're using american platforms. why allow these groups to use american and platforms to spread propaganda? take them off but gave the intel well you do that. >> some will say my libertarian friend to say freedom of speech or twitter but don't redraw of line to yell fire? >> the first amendment of government they can do what
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they want. the issue to use social via is we clear they do not. twitter kills isis' accounts when they can find them but will they be compelled? >> is fair to say we don't is the needle in the haystack. so many plots have ted foiled. >> i have not heard of plots been foiled through twitter. >> i love the judge but i have to share this we are at war. charles: so you jump the constitution? >> they have to go to the thighs the courts -- the fisa courts.
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charles: every talk about how they've moved them that they put it more up howell can and american not find the sites but some kid in akron ohio? metadata how to appeal. >> they are not those from osama bin lauded but they recruit people out of film school comedy engineers and those who have social media. they have rap videos and instagram accounts if they can link up with the show people it is happening they are not the old walled city more. charles: we keep hearing that as the president stresses of about the lone gagman not pinpointing what
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they know i'm a busy 800-pound gorilla but that is frustrating people. doesn't that go to law enforcement? >> we will be a gauge did no more. instead of fighting we are surrendering to surrender our capabilities to isis by getting intelligence information that is how we will and. charles: the nation continues to mourn the deaths of four marines proved they killed was u.s. soil you are now looking at the pastor in the air force veterans breaking down in tears at a makeshift memorial yesterday. i had a chance to speak with both of them yesterday. >> i am feeling a multitude of the motions.
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i knew i had to come over and experience this for myself. charles: yesterday's victims have been identified leas corporal wells, sullivan, a david why it and carr said holm quest as well. that was the very powerful image. it touched me a lot ironclad the show ended when it did. with these hate this ebola even so i am glad there are images is like that. >> fact is the key. we cannot go from the event to event now whether or not they can defend themselves
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are warriors kept from keeping weapons that we cannot even address that because they are warriors. these are the conversations that we mustaf. because all this stuff when obamacare said the of lone gunmen or though wolf that is why this happens he meant the difference between a terror suspect. charles: if the president talks about this with all these theories with his inability to call out radical is of -- is long and that emboldens them. maybe the commander in chief
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has some sympathy for as they feed we do this because we are pork or lack job opportunities. absolutely the president does political correctness over all else. but there is a 250 americans but i guarantee if the number is higher with their passports come back to a clear-cut to watch attacks in the local neighborhood will we still call them said lone wolf or will acknowledge they went to the jungle to be trained? charles: wired people who are coming back to the country without any surveillance after they are there six or seven months. >> but the administration is more concerned.
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i don't like to hammer this but the administration and justice department are more concerned about being politically correct. it is killing this country my son is a really just had a discussion with him he said marines will grieve but we want to get even and strike back so the military wants to do their job but the politicians will not let them. charles: about why is it politically correct? i don't think public opinion thinks we should connell them so why does it continue to be politically correct to call out radical islam? >> it is limited to the establishment. they want to save though war is over and everything is fine. just like "star wars". this is not the you are looking for.
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then he can say liquefy did with the economy. but the fact is every single american watching this program we know the truth and face it every single day charles: with conventional wisdom is the same page to call it what it is. the tech stocks are on fire with the new high the market is rocking and rolling. we will discuss that when we come back. ♪ 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. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business...
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charles: a quiet summer session for the dow and s&p ben nasdaq is on fire because of the big names that you although and use. google with the best session never, a mass -- amazon and the plot -- netflix they have broken now. is this the breakout you want to buy? let's go to our guests and also maya alone nine dash run old friend is back. of the market we have a rally then it is slow but you almost have to chase it. >> i agree. you want to go for a the momentum because the fed is our friend you don't want to bottom feet. charles: that they will not be soon. they already got rid of quantitative easy now there is pressure to do one move
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if you say the basis points are over? vitter is still in parador organic growth but the energy is having a tough time. charles: i am talking about those that people know about that they used every single day you could have looked all the winners to say it is the most average day. they've got a movie at home and it is our world. they are up big time. >> you don't chase says bette watch the earnings season unfolds with big earnings next week and look at how that shake set up. i understand google and the bellwether's we see great signs but i want to see the rest. charles: you know, this world better than anybody you know, the venture
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capitalist, these are not the company's of 2001. but are they different enough to justify? >> those google numbers people say this is not what we have seen in some time. they show that they can show growth that is the key driver everyone is looking for. they are cutting cost with spending to not be fiscally savvy they just announced these innovations to buy stuff the say my a of the amazon and the bay this is nowhere in anywhere like 2,000 it is a brand new google. charles: but that discipline they always have the topline growth to have that robust
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bottom-line this does not go beyond the fed cycles? >> it does. >> when should you buy a stock? i will teach you because i am here to make you money.
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make your move. ask your doctor about crestor. charles: everyone says what did say breakout? i will mention the company i have mentioned so many times, there is different ways to look at this when to buy. it is the double plot the death of a pullback. then that was the breakout you could chase this all the way up if you look for the
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ultimate buy signal that a sure signal may be next week it happens with dow jones industrial average it happened this week with the nasdaq. also looking at the fundamentals there are five things to look at. organic growth. they will make more money more people shopping and pricing power. why is apple where it is because you pay $600 for a fall that is $100 with a competitor. with the cash flow is important that is what i looked at. hillary what do you look at? >> on the fundamentals we see that topline growth there has to be gross per it
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is a case if there are margin issues. charles: you are okay discounting? >> absolutely if you have growth this you can drive for word. looking at the balance sheet because we don't care about the environment except later charles: how does somebody quickly look to see? you go to investors san you collect what do you look for? >> cash and assets for says liability. also look up the ratio a load of debt to equity and also you can't google and ask what is the ratio. charles: i love charts. the charts tell me when to pull the trigger. >> look at the fundamentals and the macro factor they're
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going to lose to the group but also use the charts going into options to buy micron. charles: those are just some of the things. i have whole peace when to buy and sell i still think there is another big lake up. right now is all about china. they increased their reserves why are they accumulating gold and why should you be worried? when we come back. you do all this research on the perfect car. gas mileage , horse power... torque ratios. three spreadsheets later you finally bring home the one. then smash it into a tree. your insurance company's all too happy to raise your rates. maybe you should've done a little more research on them.
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. charles: so there are no institutions in the world that have deeper pockets than central banks. after all they get print money. so what happens when china increases their goal by 57% and hungarian just bought a parent relevant painting for almost $16 million. now some people say they focus on hard assets. after all they collect currency, so what does it mean for currency ask the global economy inspect joining me now peter economist. you know, peter, china cumulating gold even hungarian accumulating a painting whereby why does that
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tell you? >> well, china, hungary, two different things. china has been wanting gold to build up and in turn they get dollars from that. and for years they've been putting them into treasury securities. but sooner or later it has to break. china is growing at 7%, the u.s. at 2. and those dollars are going to become a lot less. so it's basically shorting the looked at by buying gold. number two, gold is dirt cheap these days. look at the historic prices of gold. it's down below 1,200. whenever gold is below 1,200 it's a good-bye. so basically there's -- they're shorting the dollar and going long on gold. it makes a lot of sense to me. . charles: would you -- so maybe an individual investor watching this show now maybe he's got 5% in gold or silver any precious metal. this might be the time to accumulate. no, it's not an overnight
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trade, but could actually be an insurance policy. >> it's a long play. it's a long play. eventually all the dollars that jenny and ben and the european central bank have been printing and ending up in china's hands and so fourth, they're going to be out there loose. and they're going to cause inflation. it's going to happen. the question is when. at that point gold rises and starts rising a lot. remember. gold is a fear asset for the individual investor. so, you know, i would expect that to happen. the other thing also the chinese are getting richer. they have the largest gold market in the world for a reason. likely they're burning some of it in their backyards. another reason to buy gold . charles: so, you know, peter here's the thing. would you have voiced the chinese being extraordinarily optimistic about their currency, pessimistic about ours, is there sometime in the horizon, let's call it ten years, we can be challenged with respect to being the world's currency. >> well, that's the other thing going on here.
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china is moving towards making its currency convertible. when it does, softball the dollar and the euro. at that point the dollars and euros go down in value. gold willing in the reverse direction. so the diversifying out of dollars into gold to prepare for that. . charles: all right. >> which makes a lot of sense. . charles: so you heard it here first. china gold gave us the ultimate gold buy signal. peter, have a great weekend. >> take care . charles: donald trump tops the latest fox news poll. he's at 18%. can the other candidates catch up? and what exactly is this saying because the economy and our safety front and center
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at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. charles: well, the newcome is here and uber is upsetting
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charles: well, we always talk about the world of tomorrow. well, with uber ripping through the taxi industry and leading the charge of the sharing economy. that part of it is here. but who actually knew what these guys would disrupt business as usual, but how about the race for the white house? on one side you've got hillary, the state of california, and then the other side you've got the consumers and the gop. tammy, you're here with us. we'll talk about political party and then silicon valley -- i want to start with you. because silicon valley has to be torn here a little bit. >> yeah. charles: a transitional democratic, you know whatever. they give all their money to the democrats. it's one of these feel good places. but hillary clinton coming down on the gig economy and putting uber right-front and center. >> yeah. it's going because all the heavy hitters you're talking about facebook and google and all the big guys were on uber's side not long ago can when there was legislation out there that possibility tinkered with uber's act.
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but now we're seeing a different type of legislation here in new york city, there's all this hubbub about the mayor wanting to limit the amount of drivers . charles: well, fine them for $7 million; right? >> yeah. for data. for not wanting to give out customer information. but what's happening here in new york city you're not figured out google. you're not finding facebook on the side because they don't believe it to be a technology issue, it's a privacy and data issue. and they say you figure it out. we've got our own problems with the government and data. . charles: which i don't think it smart on their end because the same government going to come after them. google is going to face some antitrust issues and maybe other partners too. but also the political aspect of it. let's face it. these embedded industries, the tax industry in every city -- i always talking about nothing out performed the stock market, nothing out performed the medallion industry, not even cocaine.
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i tell you which one is richer if you bought 20 years ago. and they are free falling and unions as well. >> yeah. look, this is the last liberals rely on a centralized economy. they rely on centralized power. they need to be able to control everything because if you have people who are -- who are entrepreneurs where people can do what they want. they end up getting rich, they make some money, they become independent. so uber and the sharing economy specifically is a threat to that centralized economy, it's a threat to the unions and the control of the economy in general, and that's what the left needs. so what uber does, this is the future, it is the sharing economy. the marketplace will win. but we've got to support them when -- charles: hillary kind of dismissably calls it the gig economy. >> yeah. charles: i want you to check this out. this is really cool. in japan there's a hotel -- that's your dinosaur robot. not running for office yet but may throw a hat in the ring. obviously something like that not only does it save you big bucks, but look at it.
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it's a huge hit. these robots are so cool. tell us about it. the future's here. robots are starting to do our jobs. >> so i'm not sure i would want this guy to check me in. but the extent is very clear. it's technology can replace human beings for checking in and checking out giving your -- you your hotel keys. what they're doing is -- a little bit more freaky, you know, a little bit more kitcheny. but you're seeing this happen. even in hotel in the united states and silicon valley. there's a robot butler that goes around and, like, you know, can do all the things that a human being can do. why not a dinosaur? . charles: and also get in the elevator and the eagles start playing. you can check out any time you like. but maybe, oh, my gosh. maybe i can't. but we know there's something also driving this. the success of the robots may be a little bit faster than we thought. higher minimum wage in my mine has become so destructive, but it's going to push the use to
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of these kinds of technologies. >> yeah. the owners of these on hotels said they want to make the hotel more affordable, and this is how you can do it. and the bottom line is we saw this over a decade ago when i saw at the supermarket or home depot, people checking themselves out. i told my radio audience look, if you've got a machine that a machine can do or robot can do, get a different education. learn something else that requires humanity and whether it's organized on a ipad or some other kind of tablet when you're at a mcdonald's or something else. this is i think the natural trajectory. but also it means that the individual workers going to have to figure out elsewhere they fit as human being. >> what's interesting, though, is they still need human beings to guard the robots because the robots cannot prevent themselves from being stolen so the security business can't be replaced yet. charles: there are parts of the society that can't be. but we know a couple of years ago that the report 47% of jobs will be gone sooner
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arather than later. and that's why higher minimum wage or hillary clinton's point, profit-sharing. i think it's miss guided. we know how to compete in this country where robots can check in and out. listen someone's got to fix them, automate them, right code for them. >> yeah. absolutely. it's all about these value added, higher still set jobs that we want to driving the country to because countries like japan are going to make the robots because they're going to make the money had a replaces the american workers. we want to be in the business of high value high education. . charles: great seeing you. tammy, you too. you'll be back i think. tom brady, the latest news on his deflate gate appeal. and what's happening in britain? jordan spieth going for the number three grand slam, and he's going pretty good. he's the new superstar. we'll talk about him
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charles: well, jordan spieth inching closer. he's in striking distance toward a grand slam. sports editor at the daily national. joins us now with his thoughts. right now we should let the audience if know spieth five under, dustin johnson in the lead at 10 under. spieth going for that grand slam. >> yeah. charles: he's so young, it's so amazing what he's pulling off. >> absolutely at 21 years old. he's within striking distance minus five. johnson at minus 10. but this is really the torment where you're seeing the changing of the guard. tiger woods, probably not making the cut. you know who would have ever thought about that? so you're seeing a changing in the guard with spieth, with johnson, with some of the other players that are taking over for tiger woods . charles: but, mike, can they take over on the excitement part of it? the marketing part of it?
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listen golf -- and in this building the executives love golf. and i'm always saying what you know? when dicks sporting goods record report it, they've got dust. >> golf courses are closing. what you're not seeing is the tiger woods effect. you're seeing it in the bottom line but not in terms of new players. you're not seeing it in the -- charles: but we've got amazing players. who's the kid with the puma hat. >> but you're not seeing players playing golf. you're seeing professionals come in . charles: why aren't they inspiring people the way tiger do a d? tiger woods is a once in a lifetime player who combines so many different that things we thought would appeal to so many different people. it translates in terms of endorsements, in terms of ratings when tiger isn't in the hunt, ratings go down. but we're not seeing it in terms of new players, in term of -- it sort extending into new players playing golf . charles: well, and also i
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guess listen we say spieth is young. but he's got an old soul. >> he does . charles: he's married; right? >> yes. . charles: he's married, seems very settled down. he's got a soul, he walks around and feels like a very maturity 35-year-old man. if dustin johnson had what spieth had, he would have more endorsements, the swag with young millennials. >> he's going on the swag, the celebrity life, and also -- charles: but i think people like that stuff. we watch these shows; right? all of them reality shows. a golfer go to drug rehab, we might like that. >> absolutely but we're also seeing it in term of tiger woods with some of his off the course activities not really translating. so dustin johnson could transcend and become a golfer. they're not the main street --
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my mom does not who knows two are. but if dump johnson can get his act together and nail down one of these majors . charles: a guy who is so accomplished it a at such a young age, he's going to get the endorsements. we know that. but that intangible, but the people who aren't necessarily fans. let's talk about someone who had the reputation of clean living until a couple of months ago. i don't know if this deflate gate is going to tarnish his pigeon. but at any moment we're going to have a decision on the appeal. and the commissioner himself is going to be the one who decides on the appeal that he leveled in the first place. so that's a sort of interesting situation. how are you feeling that this shakes out? >> i'm surprised that the decision was not handed down today, on a friday at 7:00 at night so he could be buried in the newspapers. but when you talk about commissioner being the judge and the jury, that's where the nfl players association is coming in saying, hey, we may take this to federal court. there's no way that this is
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legal. there's no way that they're going to atake down with you of our key star players. so i think brady is on solid footing in the players association . charles: so you're saying if he doesn't get the decision he wants from the commissioner, which could happen sometime this month. >> uh-huh. charles: then they'll take it to a federal court. i thought this arbitration thing was binding. >> it's binding in the sense that it could be upheld. but brady could take it to the next level. there's a rule in the federal statute that says harm done to filing a lawsuit. so taking four games away that's harm to him. that's a quarter of the speech so from zero to one game, . charles: two or more. are you making a prediction right now? >> absolutely and also i think brady wants to prove a point. he's at that is that whicher where he can do that.
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and if you look at what he's handing down for other players. you know, apples and oranges, but it just -- charles: that's the truth; right? they miss handled so many things that were so much more egregious, so much more devastating. some of the scenes and some of the horrific things that have come out of the nfl in the last couple of years. they miss handled it all and seems like they're trying to catch up to get in the good graces of the public opinion and going after the biggest star with perhaps a fine that is over done. >> absolutely. but rodger goodell is a great commissioner. has totally run wrong in terms of public relations and perception . charles: bring let you go, mike. we can admit this much. he does take also slings and arrows. he's walking around with a bunch of nears his back. >> that's why owners hire them and when they see those checks at the end of the year and from tv and everything he's doing .
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charles: good stuff, buddy. >> thank you . charles: all right. two more going to federal court. also, guys, put this gown do you know. we're entering a global arms race. obama gave the wink and the nod to iran and don't overlook china and japan. it's going to be on and deadly on right now. (trader vo) i search. i research. i dig. and dig some more. because, for me, the challenge of the search... is almost as exciting as the thrill of the find. (announcer) at scottrade, we share your passion for trading. that's why we rebuilt scottrade elite from the ground up - including a proprietary momentum indicator that makes researching sectors and industries even easier. because at scottrade our passion is to power yours. ♪ if you can't stand the heat,
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. charles: the biggest news that nobody caught this week. japan moving closer to passing the constitution. i'm telling you right now we're about to see an arms race that will dwarf the one unleashed by president obama this week in the middle east. joining me now is chris christian. you know, first i want to talk a little bit about japan because they made a move in their parliament. i've always said when they elected, it wasn't just because they were going to print a lot of money but they
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wanted to bring back the samurai spirt, and i've got to tell you his neighbors wanted him to do it and they're dead associate on getting all that oil into the south china sea. they don't care what they have to do to get. >> yeah., charles, this is clearly a reaction to a lot of things. but it wouldn't be happening if china didn't make itself an adversary. there's always been terrorist toward beijing. but it's buildup and land grab in the china sea and grab in cyber space if you will. all of these are aggressive and not only disregarding japan, but interpreting more broadly. so it doesn't just require direct attack on japan for japan to defend itself if one of its allies, including the as you say attacked, then japan can involved itself, and you're going to see a continued reformation of the japanese military. also this goes along with other reforms. some real economic reforms finally coming down the pipe . charles: and i think the thing you hit on also. japan and a lot of other
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american allies are starting to feel like less and less they can rely on us to come to the rescue. so it stands a reason they may be want to be in a position to rescue themselves. >> that's right. you know there's been a lot of talk out of this administration. first it was a pivot, then it was a rebalance. i like to call it a repivot. but if you look at what's happening to the navy or air force, there's been atrophy throughout the obama, clinton years. and they know that in beijing better than we do back here. a few carriers we're seeing cruisers being removed from the pacific and replaced we by a combat ship, which is an expensive toy that according to the pentagon is not combat survivable. so hopefully that gets reversed, but until then all our allies are realizing that they may face a growing china with less and less support from the united states. . charles: and all of those visiting the white house today, i don't think he left too happy of course saudi
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arabia and israel now unlikely allies as iran now given the marching orders if you will to go ahead. the clock is ticking. depends on when you consider the breakout. but we know have made marching toward a nuclear weapon. tell us about the middle east and arms race. >> right. you know, the administration can say what it. wants about this deal. but the most ludicrous talking point is that it heads off an arms race in the middle east. there are a bunch of people running around washington who fashion themselves as realist and practice politics but they have nothing on the saudis. the saudis are going to calculate their own interest and they're going to do a mind trick that they're safer on this deal. they have a strong relationship with pakistan and thought in some ways to have a lay away, nuclear weapon on order with the pakistanis, or at least a very deep relationship. saudis likely are the most likely to present toward a nuclear weapon . charles: right. >> if they see iran going down this path. . charles: christian white thanks a lot buddy.
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always enjoy your expertise. have a great weekend. >> thanks, charles. . charles: i've got a stock for you. i've mentioned this on the show more than once. linkedin. i was in it. pulled out, held back, coming on real strong here, guys. linkedin. this is social media stuff with a better economy, particularly in those higher paying jobs. this is a stock that goes to $300. i want you to take a look at it and be in there. and also before we go, i want to discuss an american success. that's one of the hallmarks of the show. small businesses we love to solute them, and that's as well what we want to do now. tonight's solute goes to lisa in virginia beach online luxury mattress startup. in fact, starting in january the company has raised $9 million from private equity. sold more than 8,000 mattresses. the ceo says he thinks they can reach $30 million in sales this year. now, here's the great part. the company donates one mattress to homeless shelters for every 10 that they sell. for more on this american
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success and a whole lot more. make sure you go to our website foxbusiness.com/charlespain. it's been a crazy week in politics, in the stock market. we've been making some changes here. you guys have been sharing your opinion with me. here's the thing. we're always going to be here with you. we cast a large net, news that affects your wallet whether it's from greece or china, we're going to cover it. like the shooting yesterday, you must know about that. the national mood is important. we've got you covered. it's not always about necessarily the stock market per se. but what it takes to make america great. that's the backdrop. everyone out there, though you cannot lose the faith. stay strong. we saw some powerful images over the last 24 hours particularly out of chattanooga. i'm proud to be an american and proud you guys are staying with us. i hope you had a great weekend and remember catch us every night 6:00 p.m. if you can't see the show, dvr it. you don't have an excuse. making money.
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tell your friends about it. and right now i'm going to leave you with maybe the best, but lieu dobbs is up next. keep it right here. fox business. night. good night. >> good evening, everybody. i'm lou dobbs. iranians put to the streets today to celebrate after a nuclear deal between iran and six world powers was announced but here in the united states there is seemingly no cheering from anyone outside the obama administration. in fact the president spent the day trying to sell his deal to a skeptical press, white house, press corp. and congress. tonight the leader the most powerful drug trafficking organization in the world is at large after his

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