as aggressively as other regulation violate force not holding my breath. good idea man. neil cavuto my time sup but jrs just beginning. >> well as it has been through much of mr. varney's show but in trim let form not only rattling market but polluting our shores and now getting confirmation it has been hacking when i willy-nr years. we go on markets and why they're off so much. it has a lot to do with china debating its currency hoping that a cheap or one that is their currency means they can be more competitive when selling goods. here's the problem with that my friend. china does it markets fear other os will do it. every will try to devalue their currency because if you have a weak one, your companies can sell a lot more goods abroad an cost effective for them. but if everyone does it at the

same time, then what? that is weighing on marketses and all 30 stocks are down. it is why markets that are priced at oil are taking on to jim here especially those price to the dollar, oil now is at levels we've not seen since march 2009. the dollar is stronger, oil is weaker, fears that this could spread to a contagion. what did i tell you yesterday? when we were up 200 points one day does not make a trend these are concerns might be overblown. but for now as we focus on china and rippling effect on segments of our country we begin with this market fallout and we have jim lindsay mcdodge on what is going behind all of this rattling. wrap against the chinese now is that they're cheating and trying to gain advantage. fear is that others follow suit doing the exact sam thing and then we have problems.

what do you say? >> i think we have a parse the economic news in terms of security competition things like islands and what we hear about chinese cyberhacking. obviously, the chinese government is dealing with all of them but not necessarily these stories are all related. and i think this economic news is purely about monetary policy. >> let's cut to the chase with what's going on in the markets and what the chinese are doing with their currency trying to stabilize things. we know right now that is juan is in and out of multiyear lows fear that markets barely contain themselves here. feared that this spreads short selling is all but forbidden now in that country nothing seems to be working. what's going on? >> i think that the chinese are trying to do what everybody else is trying to do is try to figure out how to get some kind economc growth which is relatively stagnant. united states is as pathetic as

our economy is. we're the place people are coming to because we're the only people that are showing any signs of life whatsoever. but chinese is a huge population, it's a massive economy, an they've got to find growth. this is, obviously, doing what i guess you would expect chinese to do is look at some way to stimulate that. for me what's really interesting this is all aside from the security stuff. all they're doing in sense -- to create recreate a chinese hedge fund that goes on regardless of these economic situations. >> you're right. part of the noise but from the same place, and at first i thought your voice had deepened dramatically i polgtz apologize for that. but what is your take on the chinese all of a sudden front and center on so many of the different issues but all raising eyebrows we can't trust these guys. >> yeah, you know this comes in advance to the president of china meeting with our president, barack obama in

september. you know, turning to the hacking issue, it is always an a embarrassment when the u.s. government is hacked into. now word is that trade officials an top security officials were hacked by china thissing on heels of russia hacking into the pentagon. what is happening neil is that there's a cybersecurity bill advance together senate to do more information sharing with the u.s. government. now, the company is pushing back to say if u.s. government is getting hacked into, not doing enough with their security firewalls why should they share information with the u.s. government? you know, this equivalent to physically entering and breaking into an office with china and other o foreign operatives are doing when they hack into the u.s. government. the question is, why is not the u.s. attacking back? what is the u.s. doing behind the scenes? law enforcement has told fox business that you will not see what law enforcement is doing if they're doing a counterattack against china or even russia.

back to you, neil. >> one of the things you're beginning to see is whether curtains are sort of being pushed aside to see what chinese is really up to not only hacking and polluting we're going to get to that in a second but propping up markets or comil, its currency that it is one after another. one foolish venture after a another. one lie after another that, you know, making a lot of folks think wait a minute, we don't know what they're up to. we don't know what they're really doing. we know that they seem to be denying all of these allegations on their way, and then they seem to be trying to desperately prop up this market that might be more myth than reality. what do you think? >> i think all of these fuzz l pieces go together. i think this is all part of china's vision of recreating a middle kingdom in which they're dominant and control mearnghts resources, and i think in that way, you can link the economic newsing and the cyberhacks and

what they're doing in terms of territorial claims. >> all right guys i want to thank you both very, very much. there's a third part of this event and that is what's going on odd climate front, and then the new allegations out of the european report that whatever we're doing in this country to clean up our air a and to cut down on emissions all of that especially here on west coast well china's pollution is wipe ing out more we do particularly on west coast to clean up the after, china and all of the smog that makes its way across the pacific ocean to our west coast is wiping out a good chunk of it. climate depot.com founder mark has long said that that is the biggest problem with these climate deals, if china isn't going along, we're really not making my progress, right? >> yeah, in fact you used word head faker earlier. what china has been doing is agreeing paying lip service to climate goals, in fact, president obama had a summit

with china last november. and china basically agreed to continue its policies to the next decade and a half. while the u.s. agreed for radical new restriction on climate and emissions, in fact, e ozone smog standards showplaces like ohio, and northeast, 75% are going stof a huge economic impact that is felt throughout the state. >> so how is it that the chinese were kept out of this? now we were overjoyed when china made a promise. yeah we'll get around it but sort of like me committing to a diet like fiver, ten years from now. great if it ever happens but you know hope springs internal. but it is not real now. and now we're facing reality, united states is going full bore in trying to clean things up. but china has nothing to do with it and only dirtying up literally what we're trying to do, right? >> absolutely. they do agree to stuff. but then recently they have carbon monitoring turned away from the chinese. even though they agree to start going with certain goals and

agree to inspections when push comes to shove they don't allow it. they love using the environmental agenda against the west. in other words, they shutdown european and u.s. manufacturing everything moves to china, where they don't follow any of the same rules they do and that's their huge economic benefit. we're shotting down our coal. going after a our own fracking and domestically handicapping ourselves while china laughs at us. that is what they're doing exploiting pollution, and taking away u.s. jobs for all a of the manufactures base and they have no regulations. >> mark thank you very, very much. i hear you. i hear you for those of you joining us we have a major selloff here in the united states an rarely can we say china is to blame for not only that but a host of they thinks happening concurrently at the same time. so you have china and currency bringing exercise but some say could just lead to the whole globe pulling this same sort of nonsense. but then you have real proof that they are spoiling our sort of climate change cleanup the

air fight, and here is the third part of this possible terror for us. what is going on on the hacking front. all fingers point to china not only establishments or financial establishments that you've heard. but now prove that they're hacking e-mails of u.s. officials down to you. joining us on that, and how and why all fingers seem to be pointing to china. jonah what are we hearing that they're doing specifically and how does it trace back to beijing? >> well, we don't specifically what the government actually hacks i like to say that we do our own hacking too. we don't always know about it not just from government hackers, but we put tabs on angela merkel so tapping people in china's phones too. so i don't to say one sided. but -- >> volume is different here. they're talking about the volume is different. >> also china has a much longer

history of essentially ignoring koip copyright rules to not pay attention to the property so they're like north korea crooked when it comes to this sort of stuff but they're definitely not going to behave the way other major countries do when it comes to this stuff. they're in this center because their economy is falling apart and all of these things fit together because they're now to bring the country back. they're going free market essentially. there's a move away from essentially planning economy and linking to our dollar because it has been deappreciating that is a bad situation in the long run. and they don't want to be tied us to. when we were going down in the 2,000s it benefited exporters now they're like forget the united states we want to go down with everybody else. >> we want to focus this issue and go to poll to the security expert and paul, the fear that people have with china again pulling these stunts and jonah's point not the only country that does selling as part of the

study in revelations here. not on sump a large scale that we know of. but what is china doing and what kind of information, e-mail and otherwise why should we worry about it? >> what they're doing neil is compiling this really fantastic intelligence package on us as a country. and us as a business entity in world leader in business and clearly using this to pick aparts pieces of information that can be used for a variety of dircht reasons. one infrastructure, to two, back to the basic foundation of how we operate business in the united states. >> how is this different paul than other times they've been charged with doing this stuff on lighter scale more prnl personal scale centered on u.s. government officials? >> now you sound -- what's happening is so they have this incredibly large platform of information and more strategic so they're taking a vertical mark such as health care or taking opm for example,

or maybe they're field testing and vulnerability testing like sony and other major corporations, and they're target diving into our information. that's what makes it so specific. because it makes it so dangerous. because they're playing off our arrogance believe it or not. they're playing off the fact that we still don't get the fact that we are responsible to make sure that we embrace an anti-climate approach not the traditional ip approach. and you know, we're a buggy and they're in a bentley that's the problem. >> the response you get from likes from donald trump in the chinese says they are all of the our debt but we won't buy their stuff. we won't buy their crap in his terms and they'll stop this nonsense. it might be a simpistic approach but it resonates with folks who are getting increasingly frustrated with -- all of these chinese developments. what do you think? >> in frustrations probably worth about 5% less on a price of a good. so reason people can buy stuff from the country is it is

cheaper, and what they're taking advantage of -- i would call essentially regulatory arbitrage they don't have obamacare to make everything cheaper and now breaking away from the dollar and currency is cheaper that gives them a lot of advantages and consumers ultimately are going to choose cheapers product. there's no amount of empty chinese sentiment that is going to stop people from doing that. only way to deal with it would be to raise their cost whether it was their currency or make them abide by some of our rules both environmental and labor markets so they don't run no glorified sweat shop essentially for our countries. our companies who have to keep moving jobs there because they have increasing burden to do it in the united states. >> i want to thank you both back to the markets real quickly what's going on here? fear is china makes its currency cheaper that makes it a more effective china to sell goods abroad in other words it has a self-imposed edge here on top of that is that other countries will follow suit and even could affect the timing of the said

rate hike in this country because, obviously, would make a dollar stronger still, and make its trade situation worse still now take a quick look at oil prices they are back to levels we've not seen since shortly after barack obama took office in march 2009. oil is sliding away. keep in mind, oil is a dominant component within the s&p index and certainly with the dow two components there. chevron and exxonmobil take it is on the chin as oil take it is on the chin. add it up and we have minus signs across the board we're on it and how candidates are responding to it. today, they are, in both parties -- after this.

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nonsense greece back in the news, so you know, greece once again the word trouble is i don't understand the word coming out of there. all i know is that the prime minister is holding all of these emergency meetings and urging votes so i thought they settled this nonsense. who knows better than our ashley webster who would worked there i emphasize worked there for a few weeks during the whoats whole crisis. beautiful on beaches. so what is going on here. what are they doing? >> so essentially the question they don't have any other meeting that doesn't have crisis plofnt it by the way. always cries city or last ditch. they basically agreed to conditions set upon by the eu when it came down to almost falling out of the eu but now getting down to knity gritty when they're doing is they need 94 billion dollars over next three years and agreed in principle to points of the eu says before you get the money. but bottom line is, this is the third bailout. third bailout pays for second

bailout that they kornt pay and second bailout paid for first bailout so on the string. >> home equity loan. >> keep wrapping in. wrapping in. it has to be approved by the greek parliament and they'll do that probably this week on thursday, but basically breaks everyone of the campaign platforms to get elected in january. : so popular. 64% popularity. one week vote yes, one vote no. >> and prompted referendum in the first place. whnch they have that no referendum that was a proud moment for them because they snubbed their nose at germany and loved it. fact is they're getting -- worst deal than if they agreed to it in the first place but snubbed a bit to the eu and cause a curfuffle it was a source of national pride. >> do we have to worry about another greek mess?

>> another mess i believe just around the corner could be 12 months from now. 15 months but banks have the same problem. they're underfunded. anyone with any money is already got is titting in switzerland or luxembourg right now. how can you grow an economy with these cuts that are imposed it is possible -- >> another trip, in fact -- >> to get right to the bottom of this story. >> islands i think is the real story here. so travel around the greek islands, taking in a lot of the, you know, scene -- >> the catskills on brink of bankruptcy. >> brewing in caribbeans. >> i'm all over it. neil. >> thank you, my friend. ashley webster all over the story and physically not there opinion in the meenl time, we have this back and forth with the democratic candidates over who is more liberal. who will spend more, and who is more of a friend of the union than opening sell, though, for bernie sanders nurses union which has been to the left of left.

as backed him but now people are beginning to wonder maybe what begins with one union could extend to all afterall cio yiengted workers have been quiet when it comes to hints. what does this mean? we have white house reporter democratic strategist on bernie sadders big appeal here and when this whole support could mean, taryn, i'm getting a sense here that it might not stop at nurses union that these other unions are looking at the poll numbers, seeing hillary clinton in some trouble. and saying all right blood in the water let's go elsewhere. what do you think? >> well i think it is too early to call their blood in the water. that i think primary is on, and we're excited about that. this is a little bit more of a race than we maybe thought in the beginning. it was eight times the size of the nurses, so i want to make sure we're soft saying while he's gaining traction it doesn't

necessarily fill as trouble as you may be alluding that it is for hillary because i think, you know, despite everything we're seeing, it is really early. i keep harking back to howard dean momentum -- >> you're right never say never -- and never say ever. but i'm looking at this. i'm seeing, you know, hillary clinton campaigning now. new hampshire bernie will be doing the same seeing polls narrowing each vying for dmbt groups what if it splits that the union vote is divided that tells you something about the party itself, doesn't it? >> i don't think so. >> first -- >> no iftion going to say, when you look at the huge crowds that bernie sanders is attracting which i think is largely why everyone is talking about the sanders momentum those are in places like portland in places like l.a. they are in liberal, strongholds they are not in iowa. they are not in south carolina

where they are the early states. they are the states that get to vote first, get to caucus first and a where momentum will be built up when it comes to voting. this weekend both sanders and hillary clinton will be in iowa which is where i'm at right now. that will be a true test of sanders versus clinton on the same footing here. i think he can attract crowds in iowa that's when someone like myself who analyzes sorts of things day in and day out i'll perk up my ears then. >> thank you we have a lot of breaking news right now, a little bit or more on this at the corner of 221 points ends dow. and a lot of it inspired by talks that the way things are going right now, we are not only at session lows but for key components multiyear almost one decade lows. we'll keep you posted on that and keep you posted on the financial setup of one rick perry. he's already told the staff i can't pay you for now. that doesn't mean he's on the brink of falling out.

the same exact thing happened to john mccain. an he survived to fight another day but rick perry in a heat of financial hurt. what to make after this. can a business have a mind?

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that ranking looking at carly fiorina emerged in that top tier these are surprising developments. negatives did go up a little bit for donald trump with this poll among debate viewers. first time they've done sort of a cross section of both. in the meantime we told you about the fact that rirk rick perry is in some disarray right now told that staffers won't be getting fade in the meantime that doesn't mean they're not going to be getting money. same situation but double john mccain eight years ago. packs came in and resuscitated to get the republican nomination and things were very different. obviously, rick perry is hoping for the same and accepting out three essentially asking for money. how is all of this right now going to the wall street journal's jerry -- jerry some interesting developments in at least that poll. early as it is and picked apart as it is. some of the first signs this

were a smaller race donald trump might, might be -- looking at a more difficult path. what do you make of it? >> well, i think that's true. you know, there's a core trump support u you've seen it be fairly steady over last month. it is not huge, though, but somewhere in the ten to 20% of the primary electorate. everybody else in the 80%. so if you think about this two or three fern race instead of 16 person race that anti-trump vote would look better than it does now. so early days in the recent consolidation on the other side is the key to watch. >> jerry one thing that popped out here is emergence of carly fiorina what do you make of that? >> that was inevitable. anybody who watched predebate, debate that -- the nonprime time debate. i don't know of anybody who watched that and didn't walk away thinking carly wanted but nominated it. she was impressive there was a

place for carly fiorina in this race and found it now as one of the alternatives to one of the conservative alternatives to not just donald trump but to other people on the prime time stage articulate, well spoken and knows how to do politics although she's not a politician. this is a year where not being a politician is an attribute not a liability. >> i was thinking that ben carson as well he moved up a little bit. marco rubio did good debate on their performance. what are we to make of that? >> i do think there's a way in which i wrote about this time in fact journal today in which the trump phenomenon may help candidates to say that they may be hit some of the things strokes that drump does. but they do it in a more palatable way so if you like things that he brings to the table but looking for a more acceptable package in which to finds things marco rubio a fresh face and ben carson nonpolitician like donald trump.

carly fiorina also nonpolitician like donald trump. maybe they hit some of those same notes but in a way that is more acceptable. maybe trump is, you know, sort of stirring up sentiment but they end up landing someplace else. >> and quickly one thing i loved about your comments. advantages that ted might be getting out of o this. welcomed news for him? >> kind of a safer, more sane if you will conservative voice. somebody who did well in the debate and overshadowed by the trump mania. overstepped so i think he fits in that category as well. >> we appreciate it. good to see you. >> all right let's take a look at what's going on corner of wall and a major sell yaffle here. all of that is china's fault you can blame them and rigging currency for this. what they're trying to do is forcibly change their currency so that it can help their economy. if this rings a bell trksd. hay did the same for their markets all but outlawing short selling and watching any company insiders who are trying to sell

their own chairs. that didn't really work too well. market is down surround this isn't working too well. so the market fallout not only for china. but globally is this, yikes. i don't know what theman drin word for that is -- more after this.

>> all right in new york city right now, the secretary of state john kerry is at a form where they're talking about this iran situation with the media.

that is not john kerry he's been aging through this process so that could very well be john john kerry but trying to say this deal is better than no deal, and it is an alternative to war. that is meaning some growns from the audience there but now fighting some democratic resistance in this very town. chuck schumer senior senator from new york saying i cannot support this. will be monitoring that very, very closely also monitoring this still in new mexico and in the river. take a look at this. i don't know if you have a chance to see it. this is not a big manufacturing company or -- any big company so this is the epa's press on the gold mine when epa dislodged a plug at the interest. that essentially allowed 3 million gallons of toxic waste to flow into new mexico's river that is how it was explained. it was epa doing it. just imagine, imagine if an

energy giant had done it. never hear the end of it. in fact there was a time few years ago when something like this did, in fact, happen, and president obama ceased on it, of course, you remember this from 2010. listen. >> when i woke up this morning and i'm shaving, malia peeks in her head and she says did you plug the hole yet daddy? because i think everybody understands that you know when we are fowling the earth like this, it has concrete implications for this generation but for future generations. >> we have a follow-up apparently malia said epa upon hearing this news when are you going to shut them down, daddy? paying attention. because you won't hear that. when it involves government of the epa and other stuff you're not going to hear that. steve moore says don't hold your breath. steve what do you think of the double standard there? >> well first of all this is a

major, major scandal. this is a many exxon type of -- environmental scandal that we haven't seen in the bp is very similar to this. and what's shocking about it to me is that let's be very clear about this, the epa the profession agency caused crisis they aren't there to prevent it but caused it, and so far they have clammed up. they strong walled. they haven't told the media what happened or why it happened. if a private business did this, and energy company or mining company, you might have criminal charges against them. you would have potentially billions of dollars of fines, and epa again, they haven't shown any remorse. >> you know, they come come bacd say we were trying to police the mess companies left and sludge they were flinging out into that river to the tune of millions of gallons over o the year, and saying you know we were just trying to clean up. well that might be well age good

but you made a bigger mess of that. you did that -- but we would be all over them, right? >> yeah, it is sort of like when they remove asbestos from a building and you have more toxicity than leaving it ins police station. one tenth of the coverage of -- let me be very clear about this neil. if this were a private mining company that caused this pollution, and sludge this would be a headline story. i haven't seen much news of the this frankly. >> one of the things they've been saying we're on it. trying to get to the bottom of it. if they were hearing comments out of bp or exxonmobil, we would be all over them, an we would be saying what do you mean you don't know what's going on here. but here is the radio silence in terms of the media reaction to the epa's reaction. >> it is kind of weird. >> it is weird, and i find it

the most weird part about it is that the rks pennsylvania is in lock down. you know they're basically not telling people what's going on, how they are going to deal request this place. i mean, we're talking about about spillage that could cost tens of billion of permanent damage to the environment. and then question becomes who in this kind of situation neil who is watching the watch dog? no one. >> you can still kayak in it so it is not -- >> boy -- that sounds fun. by the way this is -- kids would love it. this was the peak season right for using stream answer lakes for reck national purpose. >> they can go through sludge easily. >> you remember right on top of this. thank you my friend. more -- in the middle of this, timing that say is everything because the epa right now is pitching all of the new rules that will effectively demand companies really reign in their emission

standards dramatically so. now, this strikes former attorney general alberta gonzalez says a tad odd because supreme court reigned in epa to say you know you have to consider cost was stuff you're proposing and regulating and ruling on. they double down if you think about it, and what i'm fearing general is that they're going to keep doubling and tripling down and wait for them to slap them later. what do you think? >> i think that challenge that any company will face is being with the epa is broad discretion that's given to agencyies like agencies from the congress, and reason we have that is because congress doesn't have the exper teelings. doesn't have the experience that the agents has so they're interest in the oversight of the constitutional agency. like department of justice. department of defense, treasury, and regulatory agencies don't get the same level of attention

overside. that's problematic, so what you're having is congress passing these broad piece of legislation broad grants of discretion, and that discretion is respected by the court. >> here's what's odd about this. e pennsylvania to give her due and credit she's taking responsibility for this spill and regret in new mexico. that is extended to arizona but she quickly pauses after that to say this is something wer7 we were trying to address fixing companies so sort of like my two sons one will take responsibility for breaking a window but saying, yeah, but my brother made me do it. so i don't know. how much of the confession is but where does e pennsylvania goes in here an reigns is in? because they appear to be doubling and tripling down. >> we need to wait and see. what they're doing now is assessing what the situation is, and then i think they're going to come out and talk about how they're gong to address it and take steps to prevent this from

happening in the future. so i'm not that surprised that you are not hearing much in the epa at this juncture. like any organization facing a crisis, what they're in the process of doing is evaluating what the situation is and then developing a game plan about how to respond to it publicly. so not that surprising in fairness to epa but clearly i can understand the frustration and the irony that we currently find ourself os today e pennsylvania finds themselves today in having caused in colorado and new mexico. >> thank you very much. alberta gonzalez good seeing you again. >> good to see you again. >> now donald trump returning to airwaves this morning everyone thought this would be the moment he said you know what, about that in the party saying no, i would never even consider it. apparently that didn't happen. so is both from the party still in the cards? he says no, if he's treated fairly.

by the republican party, right there on what treated fairly means, after this.

>> there was a totally false report and a lot of people were calling and asking, i'm going to keep the door open and see. i want to run as a rmg. i'm leading in every poll. big one poll came out yesterday at 32%. and nationally, and that's what i want to do. i want to run as a republican. but i do want to keep that door open incase i don't get treated fairly. so confusing hear it from a phone interview on fox and friends weren't trying to lip sync it although we came close. talking about a idea to vote from the republican party many expected today he would say, you know, what i did when i rose my hands at that debate was wrong. ty will stick with the party. apparently keeping his options open on that. bret baier who did a great

debate and still kept his hand up on original question he asked keeping otion os out there. what do you make of that? >> interesting abc reported that he thought he was according to senior advisors going to take this pledge in order to be ensured that he's going to be in future debates, and that party is going to include him in everything. i think he has decided that the leverage that he talks about and mentions every time is just that. he does have a lot of power that he's leading in polls and clearly has a huge following that he's tapped into and keeping his options open on the third party rung if he's treated fairly that's how he says it. what that all entails we don't know. but it's clear that he's leading even after that debate. >> no, you're right about that. >> ledge for what, brett? leverage for -- a spot on a ticket. leverage to be in a cabinet. lefnlg to get the breath

contract, breath what i don't understand what that is for? >> that's a great question an one i think in which donald trump needs to be pressed o on. what is the leverage for? right now he wants to be the republican nominee. but every time asked about that question he mentions that leverage and we don't know what it is. it is hard to imagine him as a cabinet member if he's not the ceo. but that is a great question. >> he feels they target and criticize him. i've found a lot of other candidates response to him very civil if not mild if not virtually nonexistence they don't want to rattle his cage saying maybe a rand paul maybe a rick perry, so is it -- how the others are regarding him. whether they look up to him, what? >> i think that's a great point. i think it is only rand paul in that debate the other night that really challenged him.

nobody else really took him to task for much of anything. even given the opportunity, john kasich didn't want to do that on the issue of immigration. you think you're right rick perry is other candidate going after him. i think some candidates have weighed in on some of the thing he's said. but largely it's a respect because i think this field is starting to figure out that there's a large portion of the republican base that is really diseffected with washington in general. politicians in general, and they're starting to fall into that as well which is some of the surge you see in donald trump. >> what's happening with china speak to the warning of china trying to full stunts on us, so every headline he ceases on, right? >> every headline he's in the news, every day, and it is to detriment of a lot of other candidates because they can't get a lot of face time on a lot of these networks. i would be interested to see as you get to the next debate how

things shape up. i think there'll be moving around of the different candidates. but we're, you know, seeing something that i don't you've or seen before neil, it is a different race. indeed thank you very much. brett fair following all of that. it is confusing. we'll have more after this.

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markets and everyone blaming the chinese. >> deserves to blame all of a sudden the sudden unexpected devaluation of the iran, currency there, it sends a very clear signal to the rest of the world. this economy and china is weak, an we will do anything -- >> cheat and do anything. >> negative to profit up again, it is an export led economy, and they've let to transition to a domestic economy. they're struggling and it is cratering cratering comotdties whether it is fuel stocks, oil, anything that china uses, sell. >> all of that is true. there's just terrible irony dripping out of all of this today because for years i would think johannes the better half tried to make this point. for years question say to the chinese you have to let your currency be more market oriented answer to the question is when will the chiensz let the market determine what the currency is. i know they're not entirely allowing that today but allowing it to go in that direction.

>> now bringing it to their advantage. >> when it is in their interest now suddenly in their interest. >> you know who is pressing on this. hate to say this donald trump don't trust these guys or get in bed with these guys. they'll screw you. >> i don't think anybody disagrees with that. it's the solution that he's lacking in. what do you do -- >> he said quit buying their crap. but -- >> they own a debt there's a big foreign owner of u.s. debt. >> nowhere else to go. >> how much do you want to mess with them? >> well americans love cheap goods easy to make that oorgt on one hand but we love they thinks that are made -- pets you're pulling at the heart strings. >> if we like that argument we have to say we're willing to pay more for union made goods. >> saying that donald trump was ahead of the curve on this. and you are dismissing young lady. >> ahead of the curve on calling

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neil: all right. i think it was my buddy charles payne who said we've become a nation of takers, and when hillary clinton provides $350 billion worth of tuition reimburstment and help, that

gets him going. even a day after the fact, you've been crunching a lot of the numbers. it's a select few that are going to pay for this but, essentially, a big old entitlement. >> and we keep leaving out the 200 billion, too, that's the obama plan, she's going to adopt that. so we're talking half a trillion dollars. a handful of wealthy americans who somehow their wealth is holding back everyone else should contribute to this -- neil: can you really pay for it, limiting their deductions? that amounts to big tax hikes. >> ultimately. >> i really think, you know, charles, it wasn't all awful. there were some promising little signs. >> nothing that they have done bends the cost curve. why should the private sector make money on this? the cost curve went to the sky. people are overpaying for an education. you start to weigh the risk and

reward, we always talk about return on investment. there are a lot of these degrees that don't have return on investments unless you're independently wealthy to begin with and you want a philosophy degree, that's great. but this all goes back, think about what fdr said, there should be four freedoms we should all enjoy as americans, freedom of speech, freedom of worship, freedom of want and freedom of fear. what the heck? he slid in that freedom of want. want is something that makes us get up in the morning. it makes us do things, take risks, dig holes, build houses and make investments. freedom from want is the last thing we need in america, and i think this is a continuation of that philosophy. neil: so you're not a fan. >> just put me down as not a fan. neil: okay, good. the other thing that comes up with hillary clinton is it's an elaborate ploy for young votes and a way to outcheck bernie sanders who are getting a lot of youth support. will it work? >> no. 28,000 strong to see bernie sanders on sunday -- neil: that's amazing.

>> he's getting a rock star kind of -- around this country. even despite the black lives matters interruptions, you know, some famous rapper yesterday endorsed bernie sanders, a major union. i mean, this is amazing. i looked at him as a fringe kind of guy, something to take the poll of people who were dissatisfied on the left. he's become a lot more than that, particularly with young voters. if i'm hillary clinton, i'm thinking déjà vu all over again. this looks like barack obama. neil: he is the real deal. he's been consistent at it since his socialist days as a mayor in burlington, vermont. this has been his, you know, his pitch. and he's been consistent at it. and you can accept it or reject it, but he doesn't turn here. >> no, he's not -- he doesn't put his finger in the air to see which way the wind is blowing. he is tried and true. he believes in this philosophy, and it resonates in the ears of young people who wonder how they're going to get ahead -- neil: and that party base loves

that. >> the new base, which has shifted extraordinarily to the left, really is embracing this. he is their leader. hillary clinton -- and i've got to be honest with you, as expensive as her plan is, his is probably two or three times more than that. he does not care. he's not even quibbling about it. yes, the rich owe it -- neil: that's what he says. who do you have tonight? >> you guys were talking about this thing in china -- neil: so you'll be copying us? >> someone said if something's successful, copy it. [laughter] neil: making money with charles payne, and he does. i can't tell you the people who e-mail me and call me and say, you know, i invested in this stock with charles, and look at me now. it's a great show. he's pretty good at that. >> thanks a lot. neil: but we don't want him reading a prompter like me, or he'll get in my way. [laughter] news coming out of this i don't know kerry -- john kerry forum in new york where he is talking about all these critics of the iranian deal in which they say there's no way that the u.s. can

intervene or still check on what the iranians are doing. he says, oh, no, we can still follow up on this, and we can still keep track of this and what they're doing. chuck schumer, though, not convinced, doubling down on his own opposition saying if the u.s. just quits the deal, further u.s. sanctions will go a long way toward getting a better deal and hurting iran. so this back and forth continues. daily caller editor chris bedford on all of that. i'm getting a sense while they're still kind of confident the white house has the votes to override a presidential veto, they're less confident than they were. and schumer's departure, brad sherman's departure in the house is adding to a growing list of democrats bolting. what do you make of this? >> well, chuck schumer, who's the incoming democratic minority leader, supposed to be taking over for harry reid, is in a bind now. he came out on thursday, and it's been an echo. no one's got his back. he needs to get another 12 votes, democrats, in order to overturn this deal and actually

really make a difference, and he needs another five just to avoid a huge embarrassment ott november being -- of not being able to get the bill to the president's desk. i think senator menendez may join him, he's already registered his discontent -- neil: oh, he will almost certainly join him. i'm thinking of the democratic stat gist that said the senate democrats would miss harry reid, the democrat that he's poised to succeed. that isn't a way to endaughter yourself to -- endear yourself to your friends, is it? >> the way that they've not required all the votes that you would need to pass a treaty is they've already broken the window. they've shattered the sanctions on iran. d.c. is being filled with ambassadors who are coming here and telling congressmen, listen, we don't have the stomach for sanctions anymore.

the president went to the united nations, so now russia and china are involved in the deal. even if, say, president rubio on day one said sanctions are back, if china says no, russia says no, europe gets queasy, there's nothing he can do. it's not binding technically, but no democrats or republicans are going to be able to put that window back together again. neil: thank you, my friend. good point. >> good to see you. neil: speaking of sanctions, sometimes they do work despite all the critics who say in the end they don't do a lot of good. take a look at russia and its latest quarterly gdp report, that crashed 4.6%. low oil price is a big reason, but those sanctions had a big effect too. they weren't in place a year earlier, so that represents something that former thatcher adviser nice gardner said -- nils gardner said is proof that targeted sanctions can do the trick. it is interesting.

those sanctions kicked in, all of a sudden the russian economy kicked out. what happened? >> that's an excellent point, neil. and the example of russia shows that targeted economic sanctions can work in facing significant economic damage. and i think the broad lesson from the russia example is that when you do apply sanctions regimes in a targeted way, they can work. and there's every reason why the sanctions against iran should be kept in place, and there's every reason why the iran deal, i think, is a huge disaster, frankly, for the united states and for wen interests in -- western interests general. what we have seen in russia is a dictatorl regime headed by vladimir putin being hard hit by a whole raft of sanctions being applied by the united states and the european union countries against a regime that has launched an invasion against ukraine. and the russians, basically,

are -- this is a nation in significant decline partly as a result of putin's leadership but also as a result of the economic measures being taken against the country. neil: do you think that sanctions or getting really tough on one country, especially one that contributes to the world gdp as russia does to a lesser extent than china comes back to zoom you? i'm looking at the markets, we're down 250 points. china's melting on fears it can't contain itself, and now with this russian thing that this is feeding on itself? be careful what you wish for, what do you say? >> that's an important point. i don't think the russian economic situation has impacted europe more broadly in terms of its economy. for example -- neil: it is robbing some of those french and belgian concerns of a market, right? >> yeah. i think there are some energy concerns with regard to countries such as germany, france, heavily energy-dependent upon return shah.

but if you look at russia's near neighbors, countries that used to be ruled by the europe fist of the to soviet union, they're actually doing very well economically; poland, hungary, the czech republic. they're seeing rebust growth. robust growth. so i think that on the one hand you're seeing russian economic decline, on the other hand you are seeing some robust economic growth in eastern and central european countries despite the economic situation in moscow. neil: all right. we'll watch closely. nils, good seeing you again. want to take a quick view of stocks and the flip side, what is moving in this market today. doesn't have anything to do with stocks. down about 254 points there, but do take a look at what's going on with bonds, because when people get nervous -- as they usually do -- they park their money in dollar-denominated assets. in this case, that would be treasury notes, bills and bonds, and that is pushing interest rates down. you know the drill as bond

prices meet more demand, the price goes up, yield goes down, and that is something that could help those in debt or at least looking to refinance the home they're in or buy a new one. a lot of mortgages are pegged to this security, the ten-year treasury note, and that would work out to about, if my math is right, about a 3.85-3.90% 30-year mortgage which is not too shabby. and you can credit market armageddon for it. we'll have more after this. can a business have a mind?

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neil 23450e8 not everyone is out of this market, google having a pretty good day, the stock is up close to 4%, had been north of 6%, but still a heady advance for a very pricey stock. you might have heard it is forming a separate company

alphabet which would be kind of overseeing that, they separate what they're doing with the fancy, you know, satellite business and all this drone stuff they're doing from the search engine that most of us know. but now bmw has entered the flay flay -- entered the fray saying you can't use alphabet. what is it, a satellite system, ralph? whatever it is, bmw says not going to fly with us. [laughter] that's my german -- all right. but now alphabet cereal is coming out and can saying, no, you can't do that. no, they had nothing to do with it either. just messing with you. okay, well, anyway, it's not affecting the stock in a big way. now let's focus on the fight going on in the party. not the republican party, not all those candidates and what they do about donald trump, i'm talking about the democratic party. you know, they're having some little nasty tiffs back and forth, but you wouldn't know it watching the mainstream media. they're already arguing about the debate, the number of them,

whether hillary clinton is getting a pass. is all that fair, is all that right, and is the media being fair when it comes to focusing on party discourse? sabrina schafer says more debates would, in fact, help hillary clinton. what do you make of that, is the media ignoring what's going on in the democratic party? because some of the lesser candidates, including governor to malley, saying this is not fair or right, this is all trumped up to help hillary. what do you think? >> i think trump is the exact word there because that's what's happening with the media. trump is sucking the energy and air out of the room, and it's actually hurting hillary because i think hillary, if she was put on the stage with bernie sanders and o'malley and all the rest, i think she's much more statesman like. i think her views are much more mainstream, for instance, than bernie sanders, and not getting her on that screen allows all the other things that people want to say about her -- neil: no, that's a very fair point. sabrina, it doesn't really address the question as to whether democrats have their own

internal struggles having nothing to do with donald trump. what do you think? >> i'm sure they absolutely do. i'm no fan of hillary clinton, but the reality is that in politics, it all comes down to the flow of information. and right now there's not much attention on hillary clinton. and when there is, it's all sort of been this one-sided flow of negative attention on benghazi, on the e-mail scandal, on her foundation. she needs to control this narrative. she needs to reframe the debate, and more debates and more coverage in the media is going to help her, i think. neil: you could also use the argument that she can look statesman-like talking about a big education initiative, expensive as it is, talk about how, you know, the candidates have to all account for their own positions on things like, you know, abortion as she did to target marco rubio, that she could step back and say i'm still doing my thing even if they're trapped in this ringling brothers thing?

>> the problem is, though, these republicans are taking advantage of this national stage of the debates to just take big swings at her one after the other. probably 15 out of the 17 -- neil: is that the first time that has ever happened, steve? come on. [laughter] >> you know what? if she had the same kind of exposure, the opportunity of a stage of a national debate to refute that, i think she'd be much better off. >> well, she will. >> she had over 20 debates with barack obama -- neil: so you to think the lack of debates is hurting her now. >> it is. neil: okay. >> if they're trying to do that to help her, they don't know what they're doing. neil: what do you think, sabrina? >> yeah. i think there's so much distrust around the clinton dynasty, so to speak, the better for her is to be out there and give her own story, to tell her own narrative, to put her own agenda out there. frankly, the gop should be looking at what's going on with the trump situation and say, hey, the best way to take the wind out of trump's sails is for another candidate to step up and really talk about their policy prescription. hillary clinton very much has that opportunity, and there's a

lot of people who'll be looking for her. look, the next debate is in september. she's going to have that opportunity. neil: all right. it's just a matter of time. we're getting impatient in the press. thank you both very much. we talked about the selloff going on, apple well into correction territory, just when it was clawing back ahead of the big pow wow where they're going to make some announcement, but to hear my next guest tell it, none that are going to move this stock, in fact, actually keep it drifting away. after this. ♪ ♪

♪ >> there's some breaking news here on "cavuto coast to coast" as we take you away from the markets and politics and talk a little football and the tom brady suspension, de-flategate, as it's known. it looks like we may get a settlement maybe sooner rather than later, because a u.s. district court judge has issued a court order saying the two

sides, the league and the players' union, should hold settlement talks about brady's four-game suspension. at issue here is really the commissioner, roger goodell. there's supposed to be a court hearing tomorrow. the judge would like them to have the talks ahead of that hearing, and the argument was the commissioner was not an impartial arbiter in all this, he shouldn't have been deciding the appeal. remember, he upheld it at four games. maybe there'll be a settlement later today if these two sides can come to it. the judge has ordered that they sit down can talk to each other at least. i know you're on pins and needles on de-flategate. neil: i'm curious if that would be to cut down the number of games he has to be out. >> maybe. we've talked about this in the past. the league's been criticized, four-game suspension for brady, lesser suspensions or similar suspensions for people who have committed criminal acts off the field, beaten women and that kind of thing, so it's been a publicity nightmare, and there are many people calling for a lesser suspension.

on the other side, brady didn't handle this so great in the way that, you know, whether or not he was able to own up to it as soon as maybe he should have, deflating the footballs. neil: maybe he could play for the sox in the meantime. >> good one. there you go again. neil: i'm sorry, i just had to -- >> i know. neil: they're still in last place. [laughter] thank you very, very much. i appreciate that. meanwhile, i want to focus on apple, and if you are an apple shareholder the last couple of weeks, you're still shellshocked, right? look what's going on with apple, well into correction territory, and its freefalling continues on the day that has not been good for technology-related stocks period. john tamny on why he thinks this is just the start. john, what do you see going on? >> well, it's hard to say where this is headed. it could just be a near-term correction in which case it's a bargain, or it could be the market's way of saying all of apple's innovations are in the past, and it's going to become more of a utility like microsoft. what's important is that it's being allowed to correct. it's the correction of stocks

that is what allows for the eventual boom as capital gets redirected to higher value, higher return concepts -- neil: do you think just as a healthy development for shareholders, tell them to hang on or how low does this go? >> absolutely, it's healthy. apple still makes good things, so for the shareholders, here's a chance to lower cost basis by getting her shares. it's also a chance for those who love the product but missed out on the rally to get in at the lower price. the nice thing is markets are allowed to work here. neil: yeah, they are working, maybe in overdrive. what the market gives, it can ruthlessly take away, and there's been concern that am's big announcement in september -- apple's big announcement in september won't be that big. if if you're waiting for more dramatic things, you might wait longer. what do you think of that and how it weighs on the stock? >> let's face it, michael jordan doesn't come along every day. tom brady doesn't come along every day. how can apple continue to evolve without steve jobs?

easily one of the most remarkable wizmen of any era -- businessmen of any era of any time in world history. can you replace him in such a way where that innovation continues to come through? the products are still interesting, so i wouldn't want to not own it. neil: okay, john, thank you very much. we'll watch closely. let's take a look at what's going on right now. i think this is in mississippi. we're going to be looking at senator ted cruz. you know, in some polls post the debate, he has fared fairly well. in fact, there's another theory that goes, jerry seid of "the wall street journal" with us in the last hour, he could be the biggest beneficiary with donald trump the center of attention, and he has risen the most dramatically in the polls since that debate if you compare him with all the other non-trump voters. i think my next guest might disagree with that. george pataki on how the race is shaping up for him, after this. ♪ ♪

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neil: all right. you are looking at mike huckabee. he is in iowa right now. you know, he is in that middle of a very crowded pack, depending how it pans out.

but he is at a pizza place. if i ever ran for president, that is how i choreograph it, i would go from diners to pizza joints. i would gain 500 pounds, by the convention they would wheel me in on a gurney. that would be kind of fun but doesn't happen. meantime, governor huckabee will join us at 4:00. maybe he can expound on that theory. i want to bring in the next fellow. you should know him for 12 years, governor of fine state of new york. a feat in a very democratic state. this republican among those competing for the top prize to become the next republican presidential nominee. george pataki, good to see you. >> good being back, neil. neil: how is money for campaign? rick perry had to stop paying for his staff. he says momentary blip. how are you doing for cash? >> i will am a fiscal conservative. we have enough to keep going for a long sometime. that is what i am going to do. you will not see massive

advertising about me, but me making case to the people. neil: his case was made to the people. he had a lot of oil and gas money i think it is fair to say in the millions. something wept wrong and how do you and your staff sort of gird that, so you don't blow it on one thing. >> the way i ran the government. you don't spend what you don't have. you're very prudent. you don't build up a massive staff that makes you feel good. when you land someplace with 12 people coming up. neil: i would insist that my -- >> i'm happy with one. neil: i would want that. >> as long as you could pay for it that's fine. neil: right. >> see the government has that they borrow to do that. that is one of the many problems. neil: that worked for jimmy carter in the early days. much of the same herculean task for you. that you're not in the top tier. that is the rap against you but again these tiers change. all of sudden carly fiorina emerged as premier player. how do you crowd? >> you keep making the case.

i'm going to be in the cnn debate. i'm happy about that first, there is anger towards washington. i feel that. anger not just democrats and other republicans feel as well. washington is a rigged game. i happen to believe that ultimately the american people want us to -- someone to bring us together instead of pointing fingers to try to divide us. what i did in new york. if you govern successfully in new york, solve problems, bring people together, completely change nature of washington i know i can do that. neil: as been out of office for a while is that tough sell for older people like me. people don't remember about 9/11 and you have to reintroduce yourself. >> i just had a meeting with a bunch of college interns where we sat and talked about politics. it is not, the fact that i've been out of government for eight years i think is a positive. neil: yeah. >> but what it is your vision

for the future they want to hear. this is century when america can be making things here again. we can be competing and producing jobs. whether it is computer chips or next generation technology or energy, innovations that fuel the world, with clean fuel, this is a america's too do. if we get government out of the way to empower young people, have that vision, let the entrepreneurs build the factories and create the jobs here we'll be able to do anything. i know that. neil: do you get frustrated that donald trump gets all the oxygen? >> yeah. neil: today the attention was on, he isn't necessarily going to sign on to that pledge not to bolt from the party depending how the party treats him. what do you think of that? do you think he is loyal? >> i will not get into whether he is loyal or not. i would rather focus on issues. how we bring manufacturing back. neil: only one of all of you guys, says i can't guarranty i would support the nominee. >> well, that is for him to say. i just want to make the case how i can lead this country.

neil: are you surprised the guy is toiling out there with crowds and -- >> no. neil: he just can phone into sunday talk shows. >> you know, neil, he has tapped into the anti-washington, anti-politician sentiment. neil: nothing he said hurt himself in the polls. are you surprised? >> i think that is what it is about. he is telling washington, i don't like you. the american people are thinking that same thing. lobbyists -- neil: how do you step in to remind them, i'm your answer for that? >> i think also at the same time they're angry with washington they see america is too divide. they don't want someone to pit this group or that group or simply demonize. they want someone who will offer solutions. that is what i have done and continue to do. someone can bring the american people together. i know i can do that as well. neil: very good seeing you again, governor. thank you, very, very much. traveling the world, right? >> having a great time. neil: governor, thank you. meantime we've been telling you about this epa spill. this was on them. it was their fault, a toxic spill now that made a mess of

this river in new mexico. it has extended in colorado. a lot of folks are saying, will this get more attention if it wasn't -- exxonmobil or bp, could you imagine? just imagine the lawsuits over this, because they are real, and they are happening, after this. ♪ >> i am here on my property and i can not shower, i can not cook. i can not do anything with the water from my water well. >> can't even describe it. it is like when i flew over the fires and, you see something that your mind isn't ready or adjusted to see. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. when a moment spontaneously turns romantic, why pause to take a pill?

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>> i'm connell mcshane. this is the fox business brief. home prices are really going up. in fact the median existing family home price up about everywhere. up in 93% of the metropolitan areas in the second quarter. that is from the national association of realtors. had it going 85% in first quarter. just about every market we're seeing rises. top five, san jose, where the most expensive hopes are, 980 grand in san jose. san francisco, anaheim, honolulu, san diego, those were are most expensive markets. on the flip side, cheapest in cumberland, ohio, average price is 80 grand for a house. youngstown area in ohio,

rockford, he elmira, new york. home prices are on the rise. stock prices for the most part are not. more "cavuto: coast to coast" so keep it here on fox business.

neil: all right. oil prices slip-sliding away. you might like this at the pump because it certainly translated into sharply lower gasoline

prices and likely continue for some time to come. the flip side with these price, lowest since march 11, 2009, is that it weighs on energy components very dominant in the s&p 500 and certainly very dominant within the dow. two big players, chevron, exxonmobil are taking it on the chin and fears that oil could continue slip-sliding away and continue the layoffs. already we've seen better than 60,000 in oil and oil services-related fields. remember halliburton and baker hughes announced they were coming together. the oil service giants announced 27,000 jobs were to be jettisoned. that is when the prices were 25 cents higher than they are now so things could get worse. now to the epa spill and it is on them. to alicia acuna in denver. >> reporter: hi, neil. new mexico governor susana martinez directed her staff to begin legal action against the environmental protection agency as she declared a state of

emergency to address the massive spill. this as the three million gallons of metal-laden mine wastewater makes its way through her state. she said the new mexico is in dangerous situation and epa is not communicating or forthcoming about all the toxins. on fnc, "america's newsroom," with bill hemmer, she called out the agency, saying she hopes it holds itself to same standards she would any other industry. >> we can not have different standards for private industry and for the federal government. we're going to hold them accountable. the long-term damage and short-term damage is unpredictable but we it is devastating. >> reporter: now, colorado governor john hickenlooper took a different tone after touring southern colorado where the blowout originated. he was asked if the epa should be fined. he pointed out companies leveled fines by epa are in it for profit and that is not the case here.

>> i get that, that the there is a frustration with something like this ever happened but, people are not machines. they're not perfect. right? there should be accountability. i don't, for a moment disagree that we need to have some level of accountability on this. >> reporter: governor hickenlooper said the polluted in colorado appears to be diluting as it moves to other places. epa is treating water as it still flows out of the mine. neil, epa administrator gina mccarthy says they're working around the clock on the cleanup. neil? neil: alicia, thank you very, very much. to judge andrew napolitano on the lawsuits that could follow. we know there will be lawsuits. we know it happened in every major spill that we've seen. is it different when you're suing government entity? >> yes it is different when you sigh a government entity. to set the factual picture here, the breach in the underground mine that unleashed it. it was not done by epa employees. it was done by contractors they hired?

can you sue the contractors? it gets very complex. neil: contractors doing this on the behest of the -- correct. >> right. when you are a contractor from the government you enjoy certain benefits. you get indemnification from the government and higher bar plaintiffs have to meet. if you or i caused this we could be sued, because we're not government. could government or contractor working for the government be sued on simple negligence, no. the plaintiffs would have to show gross negligence, show reckless disregard for the quality of human life on the part of these contractors. and then if they can show that, because the epa has indemnified them, any expenses of the litigation or any settlement or judgment would be born by epa, which means by the american taxpayer. neil: that's right. >> so ultimately, the american taxpayer is at a tremendous loss here. the american taxpayer will pay for litigation against to resist the landowners.

the american taxpayer will pay to clean up the property. the american taxpayer will pay for damages, like this woman that you ran a few minutes ago, said i can't brush my teeth, can't have coffee, can't take a shower because i can't use water in my house. neil: i wonder would it be in sums with exxonmobil? night and day with exxon valdez oil bill and bp oil spill in the gulf but those were huge settlements? the exxon valdez, latest part was only settled what, a few months ago? >> government spares no expense to go after polluters when someone other than the government. be very interesting to see if the epa goes after its own polluter who it has indemnified and agreed to pay the costs of any gross negligence. that is a complex, almost -- neil: turn it around if we were there to clean up some corporate stuff that was left for us. >> and it is their fault? neil: right. >> don't be surprised some creative lawyers in the government make an argument like that. >> really?

>> it will be up to a federal judge whether or not a jury would hear that argument. bottom line, this will be settled with enormous paints by the taxpayer, enormous payments. billions and billions and billions over the years it will take to clean up this earth. neil: what i want to know, gadget, where is the non-stop media coverage on this. >> ah. epa can do no wrong in the mines of -- neil: if this were exxon or bp, my gosh. >> remember when joe biden literally put the arm on bp in the oval office. neil: yes. >> two months later the government had a check for 20 billion? put the arm on gene ma mccarthy. it is our money. it is taxpayer money. neil: we're suing ourselves. >> yes, literally. neil: thanks very much, judge andrew napolitano. meantime candidates are trying to stand out in a very crowded field. we told you that. we told you how governor pataki was trying to deal with that. all because this guy is taking all the oxygen in the room. who says that is the case?

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neil: a lot of people looking at this poll, suffolk university poll, because it might, might show first hint of donald trump support waning a little bit post that debate. not a lot. he still leads. in iowa all the more surprising because he is over neighbor scott walker of wisconsin. but it is interesting who has moved up here. carly fiorina has moved up. jeb bush is actually placing 7th in the list. these things are moving targets but they are revealing where the

biases might be going and for that matter whether donald trump is showing first tunes, albeit tentative signs, of slipping. let's get to ashley and get to connell and dagen. dagen, what do you think of all this. >> in terms of the bombast that is working and tell it like it is spirit of donald trump, it is kind of like when you go on a first date with somebody. you know, you want them to tell you, tell me what i want to hear. i have this go aheader on my neck is distracting but after while don't tell you the truth. they're exaggerating or maybe not being frank with you. neil: i'm too afraid to ask what you meant. >> you know what i mean. there is something unsightly about me and on first date, even a goider. >> don't fall for it, neil. neil: what are you guys saying? >> been working with her long enough to know. neil: this could be a test, ashley, maybe still early. fewer people in the race he is hurt all the more. >> 27 polls between now and friday.

things will change. neil: 26 but you're right. >> i think, after a while we all know that donald trump creates a lot of interest. people, he is saying what people are too frightened to say. he touch as nerve. after a while i think it grows old, i really do. at some point people want more substance. neil: i don't think it will grow old. excuse me, i think this idea it will be like a shooting star -- >> i don't think he will flame out. i think he starts to lose a little ground. >> both of you are right in this case. >> what about the goider? >> i'm ignoring that and continue to do so. i don't think it will grow old. maybe what section of the population is still resonates with it. neil: they have a passion. >> i still believe there is ceiling on support. i'm with data dorks, running articles the probability of trump getting nomination is really low single digits. neil: thighs are the same people that said they would is

maimflame out. >> that he will eventually because there is a low ceiling. way too early. we have a huge field of candidates. >> women are all too familiar with men whose mouths write checks the rest of them can't cash. >> why does she keep going back to this? >> back to your first date? neil: what happened? you have issues to address. >> you don't have the time. neil: someone's in pain. >> hey, you know what? if it is all about razzle-dazzle chris christie would be leading because -- neil: you things go in cycles? in 19, a lot of the duller candidates, not to cast aspersions are hoping that the guy built for comfort, duller guys, guys like me will shine. the nation turns to them? >> mccain and romney were not exactly mr. las vegas's were they? they were dull city but they -- neil: eight years of a very media-friendly -- >> charismatic. neil: charismatic president. will the world turn again,

nation turn to fellow like that? >> i think division is between establishment and non-establishment. trump is taking that non-establishment vote because he is so loud. if it is trump and cruz, i guess, it is carson -- neil: he is big beneficiary. >> non-establishment, maybe huckabee -- neil: you're calling cruz, i agree with that. >> walker, rubio, kasich as four on the other side, you're like 40-40 percentage wise in most of the polls. that is kind of the fight i think. >> can't overlook amount of focus been on trump in every form of media. has been so intense that more attention you get the higher you will rate. neil: do you think it is scaring even donors? you heard about rick perry now he is saying to staffers, i can't pay you. tweeting for support. he might get, might fet big money backers to come in as john mccain experienced. but that is relatively early in the race to be running out of dough, isn't it?

>> it is. >> his performance in that debate was not spectacular enough to keep the money coming in. look at carly fiorina. she was not even on anyone's radar until that. from all indications her fund-raising -- >> scott walker will put me to sleep. but having said that he is so -- sometimes, connell, but not every -- neil: the royal family is hardly sizzle. >> compared to scott walker they are. they're entertainers. neil: really. >> over scott walker? absolutely. my god, i'm like -- [snoring] neil: are you very popular? >> i am indeed, sir. neil: that was a mistake. >> well the royal family is only fascinating because you stare at them, what makeeth thee? >> get control of this discussion. neil: we've got to go. guys, thank you, very, very much. chart of the day. connell will love this one.

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>> it is the chart of the day. neil: we do not use a lot of charts on the show because we don't want to blitzkrieg you with a lot of data. we talk about stories in the market. stocks going one way. treasury notes and bonds going the other way. you see what is happening to the 10-year treasury note. mortgages are pegged to that. it is going up, yields are coming down while stocks are cascading. happens almost every time we see a market rout, and inverse when we see stocks up. usually interest rates that start moving up and bond prices move down. this is uncanny. this is uncanny too, history making. look what is going on with oil, folks. we are below $43 a barrel. we've not been there since the beginning, the beginning of the obama administration, weeks after we took office was the last time we've been at these levels. that is weighing on dow components. that is weighing on energy

sector. that is a big reason why you might be epjoying lower prices at the pump but i have to tell you if this keeps up you be liking this for long, because the fallout could be a big ol' u.s. slow down. we'll see. that puts us into perspective. that's what we're about, charts that have meaning. now to cheryl casone. >> hope to give more meaning to nix hour of fox business, neil. well tom everybody, to "the intelligence report." i'm cheryl casone in for trish regan today. we're watching a drastic celloff on wall street, with the dow off 200 points. we're pushing session lows as you can see. dow down nearly 250 points. s&p, nasdaq falling in tandem. major announcement by china. devaluing curren, sparking fears of a potential currency war. fox business's liz macdonald is here and peter