g.o.p. debate with congressman darrell issa. you don't want to miss that. thanks so much for being with us. "varney & company" is next, stuart have a great show, over to you. stuart: thank you very much indeed, maria. finally, this is the night. finally cnn will get a few showers. [laughter] because the clinton news network is featuring a debate that features donald trump. good morning, it will be entertaining, guaranteed and attract millions to politics, no doubt about it and vital to republican candidates low in the polls. if they don't break through tonight, the money might dry up. last night trump dominated the news cycle and went aboard the battleship iowa to call for military. and a small group of demonstrators. the thumbs up the like and hope it's not the negative like

twitter. and now, how about the fed [buzzer] i get it. we will cover it. it's been nine years since we've seen a rate hike. but "varney & company," hold on, it's about to begin. ♪ >> all right. look at dow futures, an indicator of how we're going to open up in 29 minutes. could be much flatter, down 14, 16-6. it's basically a wait and see for the fed mode. there's real action in the beer market. look at anheuser-busch inbev. they make budweiser, they want to buy the company that makes miller. i guess you could say this is more consolidation in the beer industry. ashley webster is here, anxious

to get back on the air since he was here all day yesterday. ashley: thank you very much, stuart, raring to go. stuart: look at fedex. fedex is going to be down, a global economy that is weak and trimmed their outlook and the stock is going to be down four or five bucks at opening bell. how about the price of oil? a gain of a buck, $45 a share. gasoline still going down. off a penny, 2.30 is your national average and we've been down every day, 30 days in a row, now, that's a streak. an update on the deadly flooding in utah. at least 16 people have died in two locations in the southern part of the state. three bodies found after two vehicles washed away. rescue workers recovered the bodies of two people in arizona. heavy rains caused flash flooding on monday afternoon. the worse of it hit south of salt lake city. trump drawing another big cloud

as he unveiled his plan for national security. roll that tape. we're going to be building up our military. we're going to make our military so big and so strong and so great, and be so powerful that i don't think we're ever going to have to use it. nobody's going to mess with us. stuart: that's a line from-- short on details and soaking up the attention. lots of it. and that to me means he's the front runner tonight in the big debate. maybe he's got the most to lose tonight? >> i think he does have the most to lose tonight. i think he has to in particular be careful not to so insult so many more people that people just begin to say, enough. i mean, you know, this is something that he -- this pro military passionate embrace is interesting since he actually

dodge the military as a young person, but notwithstanding that, the truth is as usual, he taps into something that people actually like. we have a very recesssive president, someone reluctant to use military or even be confrontati confrontational verbally on the world stage. trump says we're going to build up the military so we won't need to use it. that's exactly right. in fact there's a kernel of truth there. if you're powerful enough, people begin to sort of be wary and take your threats seriously. nobody-- yeah, nobody takes our threat seriously now. stuart: that's exactly what ronald reagan sid in 1980, a big military build europe. he did. ashley: look what it did. >> it brought down the berlin wall. stuart: can't deny it there. he's got the most to lose, i think that's the point. if the other candidates don't break through, solve the money for some dry up. not much time left. >> it's tricky and they can't

go after trump because he's so much better at it. it's so much earlier in the election cycle. >> there are so many candidates they've got to stand out above the rest of the pack, the hor horde. stuart: you're not a trump supporter? >> no. stuart: what put you off, his remarks about women? >> i think he's boarish, and that's not the man i want in the oval office for sure. stuart: there you have it. straight forward. ashley: he's impactful, let's be honest. [laughter]. there is no such word and you know it. stuart: they're in my ear, it's a word in the oxford english dictionary. ashley: there you go. stuart: i contest that, but tonight's politics and janet yellen's interest rate tomorrow. before we open, i'm calling

that absolutely dead flat. just a few minutes ago, goldman's chief said he would not raise rates now. he says the data doesn't support that. and coming in lee munson, we'll show you later in the show. i've got two straight forward questions for are you, what happens tomorrow afternoon on the stock market if interest rates go up? >> i think that we rally because then it's the fed saying we hear you, we're going to make the ceremony quarter point rate hike. i don't think it's going to make a hill of beans. people will be relieved. expect a rally if the rate hike happens. >> the other side of the coin, what happens on wall street tomorrow afternoon if rates stay unchanged? >> i think that you're going to see the exact same reaction no matter what happens. i hate to say it, but you know it, stuart.

no matter what happens, people are going to be so relieved. the real thing is not whether the hike happens not, it's about their comment why they justify whatever it did. but i think that this has been the most watched thing we've seen for almost nine years, we want to get it over. i think that everybody will be relieved. probably friday we'll get a rally because we can get on to earnings season apparently everybody is excited about for some reason. stuart: that's a good response. the market's going up, whether they raise rates or keep it flat, the market is going up. so says lee munson 9:07 eastern time on wednesday morning. you're on tape, son. you're back on the show shortly. see you later. it may be september, but it seems that the holidays are already on everybody's mine. lauren simonetti has the reason. >> cue jingle bells, no! a flu survey says that 32 million of us are already buying gifts for the holiday. yet this, credit cards.com says

nearly 5 million have already finished. who are you? let us know, procrastinators don't fret, one in five of us will wait until christmas eve to put the last bow on the present. that's ashley. stuart: you're a christmas eve guy? >> i have. every year i do it i say i'm not going to do it again. stuart: with your age and vast family no way you can get away with christmas eve. ashley: i know, pathetic. >> at least he admits it, another reason why you need to be careful what you post joen line. snap chat now says you can pay to have a message replay. that's right, for $1 you can watch a message that's supposed to be disappear watch three times. it's one way of monetizing content. what would you call a button that's opposite of like? not necessarily dislike, but for a sad or awkward post that you do care about, but don't

feel comfortable liking. after years of resistance, facebook is now working on such a button. i say it should be the i care button. stuart: was that one of your headlines? the dislike butttons? >> what do you mean? my med line. stuart: it's important. >> people are talking about it. stuart: way, wait, wait, people are talking about it. people are talking about it. let's pass judgment. >> it has to be changed. everybody uses facebook, i get that. ashley: more than a billion. stuart: don't you risk facebook being a giant twitter, don't you run that risk? >> yes, and i put this question to twitter users and they said leave it the way it is for the most part. nobody is really into the dislike button. >> you get plenty of negative stuff anyway. >> for facebook they need to stage what we're interested in to put certain items in the news feeds, et cetera and do

that by looking at what you like. sometimes there's an important, but sad news story that you're interesting in, but not-- >> people put on there that a family member passed away and you have to push like. that seems counter intuitive. [laughter] . stuart: we're on dangerous ground. ashley: that's what i'm talking about, it doesn't sound good. stuart: do you want to anchor this show again? [laughter] >> tune into this show at 9 a.m. eastern time. nicole and sandra and lauren are on at 5 a.m. for the record your producer gives me the stories. [laughter] >> and this is here, big merger, and anheuser-busch inbev and sabmiller. ashley: 75 billion, but if you include debt it could get up to 100 billion.

this particular merger has been talked about for a number of years. anheuser-busch bought bud light and then sab and pilsner. the beer stocks are going up and why are they going up, if it gets approved they'll have to have other companies come in and pick them up. it's good for the industry as a whole. you know, look, bush, anheuser inbev has 125,000 employees and miller, in london company, october 14th, put up or shut up. stuart: the only beer behemoth would be heineken. . >> that's no not part of it. stuart: and do you know

anything about beer? >> do i know something about beer symbiosis. stuart: that would be impactful. >> oh. stuart: and an anti-trump political ad calling him the worst kind of candidate. the club for growth is next. >> he had as a record and it's liberal. he's really just playing us for chumps. awe believe active management can protect capital long term. active management can tap global insights. active management can take calculated risks. active management can seek to outperform.

because active investment management isn't reactive. it's active. that's the power of active management.

>> oh, now, look at this please. new york giants star defense end posts a video of a workout and gave us a glimpse of his injured hand. remember, it's a fourth of july fireworks accident that claimed at least one of his fingers and part of his thumb. he vows to return to the team soon and that did in fact cost him a great deal of money. totally separate subject.

conservative group club for growth taking direct aim at donald trump. roll tape. >> which presidential candidate supports higher taxes, national health care and the wall street bailout? it's donald trump. >> in many cases, i identify more as a democrat. >> he has a record and it's very liberal. he's really just playing us for chumps. trump, just another politician. >> in many cases i probably identify more as a democrat. stuart: joining us now club for growth president, david mcintosh. welcome to the program. >> thank you, stuart. stuart: you've opened up a chasm between conservatives and donald trump, why did you do that. >> we realize he's not a conservative. we looked at his record, he's for tax increases, uses imminent domain to support at least companies. stuart: that was then.

>> private property. stuart: he hasn't said exactly what he is now, has he? >> one of the things we've done over the years is look at a lot of candidates who say they're conservative, go back and dig out their record and find that they're not. and then we put that out there. so the voters know the truth. in this case we're going to tell the truth about donald trump, thats' not a conservative, he's a liberal. i've got it put on the screen, a tweet that donald trump came out with after your club for growth campaign. >> little rejected trump for growth asked me for a million dollars, i said no. now they're sending lobbyists and special interest money on ads. so, did they-- did you go to them and ask for a million bucks? he came to us and said i'd like to give you money before he was a presidential candidate and i figured if he is a conservative, sure, a conservative would want to give club for growth money. now we see the truth, he's not. stuart: okay, now, let's suppose he is the nominee. i don't know whether he will be or not.

let's just speculate with me, would you support him in the presidential election? >> i think that donald trump is the worst candidate on economic policy for the whole field except for bernie sanders. stuart: is that a no i would not support him, would not support him period. >> we're going to make sure to make sure he's not the republican nominee. stuart: come on, he signed the pledge. signed the pledge, get behind the candidate. are you going to say i will not back trump if he's the nominee? >> at this point we wouldn't make that decision. let me tell you in general if we got two bad candidates we tend to stay out of the race. >> you know what? trump is poplar because he's direct. he says exactly what he thinks. you've just hedged on whether or not you would support him. >> we know we're not supporting him now. we think he'd be a terrible president and the worst kind of politician because he'll say anything to get elected when in

reality he's just the opposite. stuart: give me two or three names from the rest of the candidates you would support fast. >> rubio, cruz, rand paul, walker all have great records on economic policy and pro growth. stuart: they're way out of it at the moment, you know. >> i know, because he's using all the oxygen. stuart: he is for sure. david mcintosh, thank you for join us. >> my pleasure. stuart: a quick news alert for you. look at this, over a thousand taxies across central brussels. they're accused of circumventing local laws, uber, and spain, portugal took part. do you have something to add, ashley. ashley: the mayor got into it at the city council meeting and colorful language.

stuart: he opposes the taxi drivers and is in favor of t the-- >> and that's called luddites. stuart: emily blunt, she says she regrets becoming an american city, hear what she says and you'll get my response later. 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. if you can't put a feeling into words, why try? philips sonicare leaves your mouth with a level of clean like you've never felt before, making it the most loved electric toothbrush brand by americans and their dentists. innovation and you. philips sonicare.

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>> that british born actress emily blunt having regrets about becoming an american citizen. watch this. >> i became an american citizen and that night we watched the republican debate and i thought this is a terrible mistake. [laughter] >> and she was kind of joking around about it, but you know, i don't like that. ashley: and think america thinks the same thing, what are we doing giving her citizenship. and there are some people that die to become an american citizen. stuart: reminds me of pierce morgan. stuart: there are planes leaving every day for the homeland. are you sick and tired of all the naval gazing at the federal reserve. we are and you are, too, we're going to cover it and the

markets will cover it and the opening next.

♪ 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... that's huge for my bottom line. what's in your wallet? >> there's two kinds of political speeches in a campaign. you've got a guy like obama doing his teleprompter speech and robot head swivels like

somebody watching the world's slowest rally in wimbledon and then the guys who give the fake speeches, they've been up in front of the mirror practicing, like mitt romney's speech, i believe in an america as an american has a right to be as american as americanly possible, whatever. and that's totally fake. whatever you feel about trump, stamping there ripping off several, he's real. stuart: he is on hannity ap watch him, a smart guy, a great guest. the opening bell will be ripping shortly. take a look at the futures market in advance of that, we're going to open, i mean, dead flat. remember, please, there is this big federal reserve-- don't bug me yet. there's a federal reserve announcement tomorrow ap we'll find out if rates go up or stay flat.

that's a very big deal for traders and for all of us, actually, it's a very big deal. i don't mean to make light of it, don't buzz me, but they're there for the big time. when that bell starts to ring and keeps ripping, it's 10 seconds before the actual trading begins. sandra smith is taking a big breath. >> give it a second, will you? >> we're up. all right. >> i'm saying flat. in advance of the fed meeting. ashley: stability. sandra: sharply unchanged. stuart: should i? >> very stable. stuart: ashley webster and sandra smith are here and joining us from chicago-- we're waiting for the fed, apart from the federal reserve, why do you say that the market is at a top here? tell me. >> well, i think that-- first, just saying the market is at a top, we've got earnings

growth that are starting to decelerate. i think that the viewers at home need to understand we only have a little more upside that the market has between now and end of the year. the reality is, we're probably going to hit a recession in the next year or so because it's a part of the natural business cycle. if you want to be bearish or defensive, just wait for a pop and wait for it to come there and take the profits off the table. don't go off and make any moves in the next few days and don't presume because we might have a santa claus rally that that means you need to jump in. if i saw a santa claus rally after the nonsense with the fed, i'd get into it. stuart: we hear you, nicely express. we're at a top, got it. goldman sachs says if the fed were to raise rates, goldman sachs says buy apple and chipotle. sandra, can you explain this? >> everyone is predicting the fed rate hike at the end of the day is going to end up in a selloff in stocks.

apple has taken a huge hit and ultimately would lead to a long-term rally. if apple is a long-term buy, buy now. and goldman falls in the camp that we should raise interest rates. >> why chipotle. if the fed raises rates, why-- >> it has a cash balance and doesn't have to rely on more for if the fed raises rates. >> that's the answer? >> one of the main ones. >> they provided several reasons. >> where are we on the price of oil in advance of the fed meeting? we're up a buck, 45.66. dan, come in, please, what will happen to the price of oil and other commodities if the federal reserve moves rates up tomorrow afternoon. >> in the short-term they might hit them because i think the market is going to get slammed hard as sandra said before. if the fed raises, they believe the economy is doing well. if the economy is doing well

you better see more demand. long run, i think you get a little bit long. oil is probably not going to the down side either. real fast on stocks. earlier today, lee munson was with us. he says if the fed raises rates, stocks may actually go up. if the fed leaves rates unchanged. stocks will actually go up. where do you stand on this, dan, if the fed raises rates, what happens to stocks? >> initially they get hit i'm going to buy the stocks, good for the economy going forward. as long as the fed did their homework and saw what the economy is doing. stuart: that's interesting, nobody sees a downside reaction. sandra: there could be a knee jerk to the down side. if you if this is good for the economy, why not buy. stuart: we should all relax. how about-- i heard somebody say yes, facebook is considering a

dislike button. i'm not sure i understand what that's all about, ashley. ashley: when you post things to facebook if you like it, you like it. there's no way to say i don't like it. they're afraid of the trolls coming out, i hate it, and take issue. >> i hate it. ashley: and mark zuckerberg says there's no place for that, but now they're going to test it, if somebody in the family passes away-- >> zuckerberg wants a way to show sympathy and empathy. ashley: it could be used in a hateful way. stuart: watch out for twitter, by the way, you can tweet donations for a candidate. i keep asking the question, is it a big deal, if it is,

twitter could make money out of it? >> yes, it's a big deal. it's a good thing for twitter. if you invest in twitter, a good thing for the stock. and why is twitter turning donations for tweets? it's good business. they stream the conversation into twitter seamlessly integrates the ability for more advanced advanced integration. and it brings more eyes to twitter. stuart: first off, microsoft, it's increasing its dividend by 16%. yes, i am a shareholder, but i'm not going to retire just because there's a higher dividend. microsoft is back at $44 per share. how about am. c looking to acquire the movie channel starz? content is king and that's what they're going off. amc is the land of the walking

dead, get that. ge to move u.s. jobs overseas, all about the fight over the export, import bank. still at 25, ge. hewlett-packard will cut up to $30,000 jobs as the company splits. the stock is up 3%. remember, please, it's been down about 25% in the past year. and then we've got fedex. i think that's some kind of an economic barometer, indicator, maybe. it's cut its outlook. tell me, nicole. nicole: they talk about the stocks and lack thereof. they're hiring for the seen, for the holiday season about 55,000 workers. that's less than what ups is hiring and talked about a strong u.s. dollar. if things were flourishing,

they'd be beating and raising the outlook. they're not doing that and under pressure today. stuart: they're raising their rates, roughly 5% as of january, i think they're doing that. that doesn't help the stock. stuart: thank you very much indeed. join nicole and lauren simonetti, 5:00. yeah, they get up early. 5 a.m. billionare moment depot bernie marcus is sounding off on donald trump. roll that tape. >> you can't, you can't solve these problems by talking about the stupidity of people and everybody else a dumb enough-- you have to do it coming out with real facts and real problem solvers, if you don't have that, are' not going to solve the problems. >> a leading business person coming out anti-trust. >> echoing what many people said. we've pithy unone liners and mr. trump with the issues, very

populous, but where is the meet on the bones? where are the facts and the details? that's what he's pointing out. >> he has to clarify what he's saying, you can't run and win doing it this way, that's one thing, or you just can't do that? yes, he can and he is and he's leading in the polls as a result of it. one place i do free with him is on taxes. donald trump says i'm going to do amazing things for the american people and simplify the tax code in this country. guess what? you've got my attention, now i want to know more and eventually he'll have to follow through and tell us what he's going to do. >> you talk about bill o'reilly, and the details are, last night. i'll give it to you in two or three weeks. bill pushed him hard for details, wouldn't get it. thank you, everybody. and thanks to ashley and sandra and lee munson. our next guest says that the china market is essentially a ponzi scheme.

strong language, right? jim is with us, explain it, a giant ponzi scheme? >> it's definitely a ponzi scheme, that's only half the analysis. bernie madoff went for years with the ponzi. and everybody wants their money back and bernie madoff didn't have it. and china's more than 10% of global g.o.p. if you take china down 30% that's three points off of global growth. global growth is only three points. you're taking it to zero and madam lagarde is-- >> that's truly. >> and she's looking at the global picture. janet yellen hasn't spent a lot of time outside of berkley and the fed looking at equations all day. the question, she doesn't get out enough and--

>> you're really nasty, the purse, and janet yellen. >> she's a big brain and with the equations, doe she understands the slowdown. >> you make a point. i'm told that it's the china government that came in the last 15, 20 minutes of business and pushed it up 5%. it's the chinese government buying chinese stocks. that's not a good sign, they limit the process which increases margin loans and makes financing more available. i don't want to put a finger to the chinese in manipulating the dollar. >> do you think this is going to end in tears. it's finished and it's over and everyone comes down with it? >> sure, they've got a credit

card that says on top of a slowing economy and they're fighting the currency wars, last august, i expect they'll lower the yuan even more, quickly the fed if you have unraised rates. stuart: do they have to crash? do they have to? >> something's going to crash somewhere because there's 60 trillion of new debt since 2008. world is more leveraged. more dangerous. >> we hear you, thank you for joining us. >> check that big board, please. we're holding in a stable pattern if i can say that. we're up 38 points, 16-6 is where we are. i've got big names that we watch every day, start with apple, 115 on apple, been there for a couple of weeks now. how about netflix, all over the place the last few weeks, 101 a share. amazon, i think that's holding steady, down 5 bucks at 19 and

everyone is trying to figure out what the fed is going to do next. does he think they can abolish that? can we abolish the fed? back in a minute. can a business have a mind? a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?

>> a lot of people getting a head start on their holiday shopping. a new survey by credit cards.com shows 32 million people have already started to shop for christmas presents. about 5 million say they're finished completely. how about that? now, we're up 18 points on the big board, 17 points higher to be precise, that's where we are. now, everybody is-- i think this is kind of stability in advance of the federal reserve meeting. now, it raises the question, does it not, should we, in fact, abolish the federal reserve?

many people are saying, abolish them, abolish them, they're terrible people and i think that judge napitano flat-out agrees with that. s he's with me now. jump right in. >> i thought this was provoked by senator paul's astute and challenging piece in today's wall street journal. i'm in agreement. it's federal reserve day? >> no, it's not federal reserve day, but they meet tomorrow and whether the rates are going up. >> i thought they were going to announce tomorrow whether they go out of business. stuart: why do you think they should be put out of business? >> okay, so if i rent a house from you, we agree on the fair market value and we agree on the rent. if i want to rent cash from a bank, the fair market value is determined by bureaucrats in washington called federal reserve, it's not determined by supply and demand and negotiation between sophisticated negotiators.

that's the essence of what senator paul and his co-author have argued here, that what banks essentially do, how they make money is renting cash. and just like renting everything else, i think i might be appealing to you, that should be established by the law of fly and demand and the voluntary give and take of the negotiators and not mixed orb trorb-- arbitrarily by janet yellen and company. >> should all be abolished? >> generally yes, but i cannot speak with this level of confidence with, say, mervyn king or-- former head of the-- what do they call it in england? nor could i get with that level-- i'm kidding you. nor could i speak with that level of confidence with the european central bank. generally, i believe that

people are more prosperous where the free market rankses, zero interest rate stuff is eventually going to come tumbling down. like our friend gasparino says-- >> the way they used to do it 150 years ago, they'd have gold at the center of the british pound. when supply and demand got out of whack, they'll change the price of gold and bang, did it change interest rates. stuart: did that cold exist or-- >> is that important? >> yes, it's important because it's standards that the governor, bureaucrats and politicians with change. stuart: you don't believe in any change at all.

there's room for a few government lawyers there? >> i believe that governor is best which governs lease. i can't imagine in anybody in the faculty that taught you that. >> you're not going to contradict me when you said you were once a government employee and a government judge? >> the government may have paid my salary, but i work for t constitution. >> it's ridiculous, are we up? are we done? >> i think we are, the time goes so quickly. stuart: you know what the producer just said? that's a good one, the judge wins. wrong, wrong, wrong! >> in the control room. who they'd like to hear from in the control room periodically, stuart! . [laughter] >> i'm going to give it to you what you're doing in the 11:00 hour. i was reading the other day that a leftist in britain wants

to seize the banks, just seize them, no confrontation. they seize them. that's what the potential treasury secretary wants to do in britain, i'm saying thank heavens for the american constitution which does not allow that. >> in great britain, parliament could do this and you don't believe in that. >> what? >> because you don't want them to-- >> i want to be an american and i want to believe in the constitution and i do. >> god love you. stuart: are you coming back at 11 being. >> if you'll ask me. surprise, surprise, another taxpayer from a green company. how much you, the taxpayer, may be losing. say thank you? it's why edward jones is the big company that doesn't act that way.

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>> disappointing sales, luke warm guidant, down she goes 3.7%, watch out. and this, a wildfire burning through northern california has grown to over 100 square miles. 600 homes destroyed and firefighters say they've got to gain some ground, about 30% contained. it's one of the worst in the state's history. so far has claimed the life of a disabled woman, injured four firefighters, 23,000 people displaced from their homes.

dreadful scenes in northern california. and there's another solar darling. administration that's maybe going bust, it's a spanish company bengoa and tried to restructure debt. how much money have we got in the taxpayers. >> 2.8 billion. they're in the mojave, 1.2 billion and that's under fire, this plant. stuart: it's underfire because it uses a lot of water in the middle of the california drought. >> a historic problem. and they didn't do proper testing, there are fierce that hazardous liquid could drain into the desert. and this is at erin brockovich's town, and this is

what they said about the 16 billion dollars junk portfolio of green energy failures, it includes not only this, but solyndra, abound and fisker as well. >> solyndra, 570 million. >> estimated. stuart: and abound, a-123 and going through the list here liz: the point is, s&p and moody's-- or fitch, these companies are not solid. when china is debalancing, making its cheaper, boy, that's a red flag for solar powered companies. ashley: if you can't make a solar company work in the moja mojave desert. where are you going to. stuart:le 80 jobs permanent. >> except for construction. stuart: the government tries to pick winners, and they put our

money into it and we lose. >> the rate payers, and the utilities subsidize solar power. stuart: the california companies have to buy, it's mandatory and expensive, everybody pays. isn't it great? >> here we go. stuart: coming up, donald trump, he says illegal immigrants get better care than our veterans. what do the veterans think about that? we bring one on the set for you, top of the hour and then there's facebook, they say they're working on a dislike button. could end badly. we tell you why, 10:15 we'll tell you why. the second hour of "varney & company" is two minutes away. the dow is up 12. ♪ every insurance policy has a number. but not every insurance company understands the life behind it.

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active management can take calculated risks. active management can seek to outperform. because active investment management isn't reactive. it's active. that's the power of active management. . stuart: all right, everybody, 10:00 eastern. an angry joe biden going after donald trump. we haven't seen him go like this for a long time. some say it's an indication

he's going to run. and mark zuckerberg is working on a dislike button, and the trolls. and our next guest says no, don't do that. and one is waging a jihad against financials and savers. the next hour of "varney & company" starts now. ♪ tonight's the night. republican presidential candidates gathering for a second debate. here are the candidates, here is who is taking part. we're going to take you live to the ronald reagan presidential library, the site of the debate. we'll be taking you there shortly. and how about this? shocking new images of flooding in utah. and 16 people have died in two locations in the southern part of the state. three bodies were found after vehicles were washed away. heavy rains caused this flash

flooding. the worst of it came 300 miles south of salt lake city. dreadful scenes in utah. to europe, where the migrants are still trying to get in. tear gas has been tired and swarms of people gathered at the border with hungary. police are blocking the border using tear gas. they've built a fence and police arrest anyone trying to across the fence illegally. and look at the average, i'm dead right when i say stability, dead flat. everyone is waiting for the fed on interest rates tomorrow afternoon. expect pretty much dead flat until then, we'll see. how about anheuser-busch inbev, they make budweiser, they want to buy the company that makes miller. more beer consolidation, inbev is up seven bucks at 115.

molson coors, on this news, investors think they'll benefit. a lot of beer brewers are going straight up because of the top guys. the top guys may have to selloff brands. we'll see about that. we've got fedex. the global economy is weak and that hurts them. they trim their outlook, 3.8% down. how about the price of oil, still in the mid $40 a barrel range, $45 today. and regular gas i'm proud to announce is down a penny. i'm paying a buck 85 in new jersey and the streak down in price is now 80 days, i love it. vice-president biden talking about donald trump and immigration.

>> i don't want anybody to be down about what's going on in the republican party. this is sin vecerelsincerely-- i'm being deadly earnest about this. i want you to remember notwithstanding there's a fact absolutely denigrating an entire group of people. this will pass. to trump and the stuff you're hearing on other team. stuart: wow, that was energetic, joe biden. let's bring in emily, i'm going to identify you as a democrat. is that okay? >> go right ahead. stuart: it looked to me like that was an energized joe biden and looked like the man has the emotional energy to run. how about you? >> i think that may be the case, i think he's still weighing his options, but, i mean, honestly, who wouldn't be energized by that especially wh you're hearing this rhetoric, so extreme and we don't have to question if it's-- >> look, i can understand, what's going on here? everybody is speculating

whether or not joe biden's going to run because hillary clinton is in deep trouble, that's the point of this emotional energy, isn't it? it's not whether it's righteous or not, it's the fact that it's there. if this man has that kind of focus and that kind of energy, he could be running. that's the question. do you think he's running? >> i am ooh, i think it is really still an outstanding question, theres a he know no question that he wants to be president, he's run twice. i think the fact that he's out there. he could be, honestly, i can't say, but i actually don't think we should discount this point, the fact that there's rhetoric out there so extreme and the rest of the field is not ignoring it. i think that could bring a lot of people that they would want to oppose that and be president liz: mr. biden is criticizing mr. trump for xenophobia, but-- >> what do you say. >> we need to look immigration

reform. stuart: what do you make of joe biden in the past voted to build a wall? what do you make of that? >> that's one option on the table, in the senate package as well. stuart: so it's not horrible rhetoric when donald trump says it, surely? joe biden said it a few years ago. what's wrong with donald trump saying it now. >> i think the policies are far, and i think the debate is coming up in the g.o.p. debate tonight. and reagan, we're holding him up as the standard for republicans. reagan signed into law pathway to citizenship for 2.7 million people in the country. is that going to come up tonight and say that that is so left, no way that any g.o.p. candidate can support that? i think that's the real question. stuart: the democrat debate is in nevada based on october 13th. that's had a long way away. do you think hillary clinton will be asked about

immigration? do you think she'll be asked about e-mails? do you think she'll be asked those touchy questions? >> certainly. i think that everything should come up, but specifically around immigration reform. it's a huge issue in nevada considering the population there. i think the thing that people really want to know, what are you going to do for me and my family. those are the questions they could focus on. i don't know what more there is to say about the e-mails. >> it's a question of judgment. whether the secretary of state should run diplomatic business through a private server in her barn in chappaqua. i think it's a question of judgment. >> the department of justice cleared her and department of state said it was fine for her to use it. stuart: do you think it's okay? >> we should be discussing policies, that's the biggest problem, absolutely. stuart: do you think that's good judgment that a secretary of state use add private server in the barn of her estate?

do you think that's good judgment, do you? >> look, i think she probably should have made a different decision although. stuart: bad judgment, right? >> although it was right. stuart: bad judgment. >> it was cleared. i don't know we could go so far as bad judgment it's a small decision. stuart: a small decision? china has been reading our diplomatic cable for four or five years for heaven's sake. that's a small decision? >> i think if you speak to the people in the department of state and department of defense and justice. they make the decision to make it clear. that's not wildly unusual. stuart: do you support clinton or widen, you're democrat. or bernie sanders, who knows? >> there are more players in the field. we need to come forward with the best policy solution and who is going to speak rationally to the people voting for them and not just running to extremes on rhetoric. stuart: it's a nice attempt in three and a half minutes to turn the conversation against

donald trump. but i'm not sure it worked. thanks very much, emily, appreciate you being with us, come back, don't be a stranger. >> thanks so much for having me. stuart: we're hours away from the second republican debate that takes place tonight of course. 11 candidates will be on stage for the main event. 8 p.m. tonight. blake berman is at the ronald reagan presidential library where the debate will take place. what have you got for us, blake? >> hi there, stuart and say good morning to you here from california. look, before the debates take place, there is often a debate how much sway these debates may have. what we've seen since that fox news debate in early august, it appears they could have a quite a lot of sway for voters. i want to show you, who has risen and fallen and the biggest search in the last five weeks has come from dr. ben

carson, his support has tripled and running second nationally, second in the early voting states as well. everybody is still looking up to donald trump, front and center on that stage later tonight. he has even built on his support over the last five weeks. last night he arrived here in the los angeles area and held a rally before this debate and gave a bit of a preview what he might say, stuart. not if, but when he will be attack at some point. listen here. >> it's an instinct, something that's special, they don't have it, believe me, they don't have it. it's just going to be more of the same. >> if some goes up some go down, jeb bush's support dropped by half, but scott walker has seen the biggest drop, by nearly a third. those two, many will look how they respond tonight as well as carly fiorina on this stage for

the first time. stuart: and now, he says that immigrants get better care than veterans. >> right now, we have illegal immigrants that are treated better than our veterans. that's not going to happen anymore. stuart: former navy fighter pilot and fox correspondent, le leah gabrielle, is he right? >> it's such a broad statement. you have to look at the picture to see a sort of an assessment. and if there was a data foundational assessment that's been done for the members or not. i can't say whether he's right or wrong. >> i'm not go to try to put words in trump's month. it seems when the illegal immigrant comes to america, you

get sick and go to the hospital if you're a veteran, and go to a va hospital, maybe you don't necessarily get the treatment you need. >> i look at this as a reporter, when a candidate says they want better for veterans, as a veteran, that's great. as a reporter, i want to know how they do it. in the military we have operational plans, for any serious strategics we have an operational plan. some like donald trump and some people say they're business people and know how to write a business mran liz: can i say one thing, mr. trump is saying the va is bad, but he wants single payers for health systems. stuart: he's said that before. i don't know whether he

believes in a single one. >> he said in the debate that he would support it. >> support single payer? >> he did saw that? >> yes. stuart: i missed it. stuart: bottom line, there's a lot needed for the veterans, i can say that as a reporter and a veteran. you have to look at the toll of leadership and look at individual parts. i've covered parts of the va in places like san diego where they work very hard to give good treatment to veterans and it's not all bad and very important. stuart: and are they getting a bad rap? >> in some instances. in some instances they need to be called out. we need to have a good job of showing it. veterans are coming forward. at the same time i as a veteran and reporter, i've seen that the va is doing good work, too and give them yesterday. stuart: coming up, the trolls may be about to descend on facebook.

mark zuckerberg may roll out a dislike button. there's a group in texas trying to secede from the united states and trying to make it into next year's elections. more "varney & company" in a moment ♪ 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... that's huge for my bottom line. what's in your wallet?

>> samsung trying to change the way we use our phones. lauren simonetti has the story. >> i do. it looks like samsung is actually working on a phone that flexes and bends and you might be able to buy it soon. check out this concept video of what such a bendy phone could potentially do. fold in three? to show three separate screens or open and close like a book? you're looking at that. stuart: we like it. >> it's neat, but it's a rumor. it's concept video. stuart: oh. >> it means they're thinking about this and they might come out with it and latest rumors say they're coming out with it perhaps in january. early next year.

onto the next story, a snap chat says you can play back messages if you fork over a buck. that's right, for $1 you can watch a snap that was supposed to disappear in seconds, three times. stuart: oh, we don't like that. >> i know. stuart: what's the point of it if you can't get rid of it forever. a buck can get it back. >> monetize content on the site. stuart: all right. so i interrupted. >> twitter has been hit with a class action lawsuit over claims it not only eavesdrops on private messages, but changes them, too. it centers how they send them it uses an algorithm to do it, but the plaintiff says that action violates privacy laws. stuart: not sure we like that either. >> one like and two dislikes for this in case you missed it. i'm improving. stuart: and tomorrow morning you can see more from lauren and nicole petallides.

check out the big board, please, this is stability, is it not? only 34 points on when the day when the fed makes its decision. how about gft raising its dividend 16%, yes, i own a tiny part of the company. not retiring yet. how about facebook, not sure i understand. look at facebook stock, dead flat, 92. it's working on a new button. it's the opposite of the thumbs up button, but it's not necessarily a dislike button. i'm totally confused, but here is mashable ed who will straighten me out. >> okay, anyone looking for a blanket dislike button on the consent on facebook is disappointed. that's not what they're planning to do here. mark zuckerberg made it clear he does not want facebook to

become reddit and someone shares something important to them you don't want people down voting it on your stream. it's an acknowledgment on facebook's part that people want to do more than simply express positivity, like the thumbs up or the like button is iconic, yeah, like that, that's great. sometimes there's update that's about, current events like the refugee crisis or some terrible moment in your life you want to share and you don't want necessarily to like that when you see it. ashley: there's got to be some other way without putting a thumbs up. stuart: i've got a tragedy on the family, and announce it on facebook, get a dislike? >> it will be an i get you, empathy. stuart: an expression-- >> it's unclear how it's going to manifest, they're close to shipping it so we'll find out soon, but chances are on the user side, when you share something, you'll be able to

enable a comment other than like. stuart: a greater comment than-- >> it's got to be quick. the like button, you have and show engagement, you liked it. stuart: your face lit up when you introduced this, you like this idea? >> it shows facebook as showing more of a willingness to listen to users, to change hits outlook. and facebook for ten years says we're not doing a dislike button of the we don't want reddit, but can offer an alternative to what we already have. >> get it? >> a little more flexible. >> yeah, you know, for brands, a real dislike button before been a disaster. >> like twitter or reddit. stuart: we're out of time. thank you for straightening me out.

extreme, i mean, extreme leftists in britain scaring a message. top questions for the epa, gina mccarthy will answer questions about the toxic spill in the river. we're going to talk to christie todd whitman. she's next. it's more than a network and the cloud. it's reliable uptime. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services -

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>> no, it is not a household name, but it's a big winner today. it's a robotics company called adept technology. it's bought by a japanese firm, a winner, up 62%. isis releasing a new video. it says it's back in america and it's threatening to send a fleet of suicide bombers. and it's one of the biggest health care frauds in california history, a surgeon

charged for cheating insurers out of 150 million dollars an up necessary procedures. more details on that shortly. the left loves to attack conservatives as extremists. you want to see extremes. take a look at the looney left in britain. talk about extremists. the man who would be treasury secretary over there, john mcdonald has the following plan, nationallize all banks and don't pay a dime, just seize them. no compensation. the government takes over the bank of england, let the workers run it for their benefit. no spending cuts, no. vast increases in spending, build more public housing, build hospitals, build schools. how are you going to pay that. a maximum pay rate. in other words, the government puts a cap on how much anybody

can make and a 660% tax. and if you need more money, print it. if you think it's jolly good fun, how would he treat his political opponents. what would he do in it it was in the 1980's? he said he would assassinate margaret thatcher and another lynn muched. he would honor ira bombers who he says displayed bravery that they killed civilians. when you get down to it these socialists are the real haters. one last point. i was away yesterday so i didn't get a chance to comment on emily blunt the british actress. she says she now regrets becoming an american citizen. she reminds me of piers more gab the failed british pundit.

as we use today say in britain, there are two g's in bugger off! so jill, i know the markets have taken a hit lately. mmm hmm. just wanted to touch base. we came to manage over $800 billion in assets, through face time when you really need it. it's how edward jones makes sense of investing. ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes. our passion to make it real. ♪

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>> dow jones industrial average one day before the federal reserve decision on interest rates, debt flat but up 31 points, not a big winner. talking about of win, look at this the beginning thought, wind resorts, a big macau play, china rallied, stock market rallied overnight, and the wing, that stock is a winner today up 5%. the price of oil is around $45 a barrel today, we just got the weekly inventory report and it was down so we got less oil in storage pushing up the price almost $1.90, $45.51 is where we

are now. and now this. isis releasing a chilling new ten minute video titled we are back in america. in it they vow to repeat september 11th by sending a fleet of suicide bombers and truckloads of explosives to america. there you have it. now this, a group calling for a texas to secede from the united states to get a question on the presidential primary ballot. the group's goal, the texas national movement, their goal is to get 75,000 signatures by december first, 80,000 more required to get on the ballot and ashley webster is laughing. ashley: don't mess with texas. it would be a powerful economy. stuart: it is not going to happen. might get on the ballot. ashley: dallas cal was would be up for in team. stuart: america's team, foreigners. right now we have epa chief gina

mccarthy testifying on capitol hill about the toxic spill caused by the epa in colorado this past august. joining us now former governor of new jersey christie todd whitman, let epa administrator. and welcome, good to see you again, welcome back. >> good to be with you. bernard: when you were the epa administrator of the day and i think this was a question of the performance of the government and i think the government performance was abysmal in this instance. what say you? >> certainly a mess, no doubt about that. the contractor knew the walls of that particular mine were dangerous, they were worried about it. the agency had been trying to declare the site a superfund site for a lot of years and the local community pushback, they dn't want that but the stigma attached to it didn't get the attention it needed but clearly they understood their dangers withholding the retention walls and they messed up, no question.

they have to be held responsible. stuart: we keep getting government and the epa more and more power, more and more areas, performance in my opinion doesn't make it. are you with me on this? >> it is a big country with a lot going on and a lot they are doing. one thing we need to remember, between 1980, and 2012, we saw the population of this country increased by 30%. we saw our energy demands increased by 26%, gdp in real numbers more than doubled but weaver able to reduce the six major air pollutants we followed by 67%. so we can have sensible environmental regulations that don't just hurt the economy but help it grow. the problem is with the administration you see these problems occur and who is minding the store? it is a big agency, subcontractors out there, that

is not an excuse for having good oversight but to say as many people do on one side of the aisle we need to get rid of the agency i think is totally wrong. stuart: what would be the response in the media, the response of voters and america if this still had been caused by an oil company, bp for example? the response would surely be radically different. >> they would be all over them, no question. there is no reason they should get a buy on this. this is serious, it was, created a great deal of environmental damage and it needs to be cleaned up and they need to be held responsible and i have to give gina mccarthy credit in the sense the she at least don't up to it and said we will hold ourselves to the same standards we would hold anyone else to. why the media didn't pick up on it more that is your ballot, not mine. stuart: why would giving more power to an agency which is performing in a way which not all of us are happy with, is there not some way of bringing

market forces, private enterprise into the cleanup business? is there a way of doing that? >> this was a private contractor that was doing it. it wasn't epa employees, it was a private contractor. they do contract out a lot of work. doesn't always happen the way you want it to happen. you keep saying giving bp a more power and i am sure what you're talking about is a clean power plants. that is because congress didn't act. that, you and i have had this discussion before. congress has the responsibility to do that. if they had done it and done what they think is appropriate that would be the law but they didn't. when congress created the agency with the clean air act they were very prescriptive and forced the agency, there are time frames the agency must adhere to as to when they look at air pollution, how they consider evolution, when are they allowed to think about cross benefit analysis, that is what the law says they have to do so if you want to change that let's go back to the lie and get congress to do

something. stuart: isn't it the court's interpretation of the original environmental protection law? the courts have interpreted it, isn't it? >> the court certainly interpreted very strictly but the laws if you read the my don't know how congress in its wisdom because i couldn't figure out as epa head was able to determine way ahead of time there are times and the clean air act where you must consider cost-benefit analysis, you might consider cost benefit analysis for you absolutely couldn't consider cost-benefit analysis. that to me made no sense. to me it ought to be part of the equation because it is an important impact of regulations. unique to consider that kind of thing and understand what trade-offs you are willing to make and what is in the best interest of the greatest number. stuart: i am almost out of time but i want to ask one question. are you for from oregon some? i got a suspicion you are vigorously against him. >> you can gain say some of what he is saying that is appealing

to of very vibrant section of people. do i agree with him? no. i don't think our immigrants coming over are criminals, i don't agree with that. i don't think a wall has been successful in israel. i have been there, that the wall and seen what it is done and people get away, around under and through. we are not going to be able to find 12 million immigrants. ronald reagan had the right approach. george bush proposed put something forward but i thought was very reasonable as far as f-cat to legal immigration, understanding we are not going to catch the mall and you can't send all back. he needs to have more specifics behind the talk before i will be comfortable with him. stuart: i don't think we will get that tonight in the debate. thank you so much for joining us, always of pleasure. we are a day away from the fed decision on interest rates. joining us now david mcadams. 34 question, what happens to the

stock market tomorrow afternoon if the federal reserve raises interest rates? >> if they raise rates tomorrow it could be a sign of confidence in the economy so you could see a spike. wall street doesn't like rising interest rates. that is usually a bad sign for stocks but on the other hand it can show us confidence. i would expect a lot of short-term volatility in the near term. stuart: do you think the market would eventually go up if the fed raises rates tomorrow afternoon? would it be regarded as something good short-term, medium-term, long-term for american stock market? >> short-term it could show a sign of confidence, but in the medium term my concern, my bigger concern would be that it could flatten out the yield curve and if thatave an pac oleningnd f crse rght nothe d isotappith banklendng res werets tay. uar ging t go stigh

forrd th te frst part of your answer which is if the fed raises rates tomorrow afternoon that could be -- next question, what happens if the federal reserve leaves rates unchanged? what happens to the market then? >> if they stay unchanged you have the possibility that that could show a sign of lack of confidence and that could shake the markets. obviousl people liket likes it interest rates are low. anybody's guess on what is going to happen in the near term. stuart: you are joining other guests on this program earlier today all of whom said if the fed does raise rates is not necessarily ought bad thing. it might result in the modest rally in the short term. very interesting. kind of against conventional wisdom. thank you for joining us, it is a pleasure, thanks for being here. let me get to the california as story.

a surgeon there has been charged as the ringleader in the state's biggest health fraud scheme. unnecessary surgery, many of these procedures were done by an untrained assistant who scarred patients forever we are told. >> he basically is a spinal surgeon, also has worked on children as well, about 2 dozen of his patients were told he would operate on them instead of physicians' assistants who never went to medical school, did surgery on them. we do not know the nature of the surgery but put the patients under anesthesia and harmed them so he is in germany. he and the dozen others have been indicted. they are trying to extradite him from germany back here, he faces

life in prison. stuart: $150 million worth. >> he got attorneys and the like to refer patients to him paying them $10,000 each month. they were deceived into thinking, these individuals have workmen's compensation insurance and health insurance and did unnecessary surgery on them over the span of a decade. operated outside los angeles. stuart: bring him back. time for the a sector report looking at energy stocks at this moment, they are higher across the board, the price of oil isn't today $45 a barrel not up much but it is up so you have exxon chevron, halliburton, conoco phillips, schlumberger up 2% to 3%, modest rally. colorful time for energy stocks. coming up it is still summer, it really is technically, millions of americans are hoping, already shopping for the holidays. some of them have already

completely done. 5 million people have already done all of their christmas shopping. ashley: no one likes the show off. stuart: next the fed may be on the verge of raising rates, first time in nine years, talking to the guy who says the fed is waging a financial jihad against retirees. you will want to stay tuned for that.

nicole: i am nicole petallides,

the dow jones industrial average up 20 points as eagerly awaits news from the fed to oh afton in. the dow is higher, the isn't beginning three points and the nasdaq tools back, down 5 points, dow leaders at general electric, energy stocks, exxon and chevron leading up 1%, up $1.43. to the upside and rounding out the top five. budweiser, anheuser-busch in bev, the ticker symbol up 6%, all of the beer stocks are higher and hewlett-packard make that 30,000 jobs, the company has been restructuring, two publicly traded companies by the end of the starting at 5:00 a.m. every day on fox business.

stuart: this is ugly. you are seeing a live image on the board between hungary and serbia, migrants, refugees, and what you are seeing is smoke, not sure where the smoke is coming from. hungarian police at that border have fired teargas on the

migrants trying to get across the barbed wire fence. you can see defense, just down the road you are looking at that this is an ugly scene. hundreds of thousands of desperate people from north africa and elsewhere have trudged across europe, reached serbia, trying to get into hungary, they want to get into austria and germany, they are not letting them in and what looked like an ugly situation taking place. what happened? ashley: good question, migrants made aware needed effort to try to bring through the blockade when the hungarian police used tear gas and water cannons to stop it, creating a stampede with women and children caught up in this village is increasingly becoming worse because more migrants are starting to join the crowd on the other side of the border. to your point there are still concerns migrants might go around a border blockade and get into serbia, and into serbia

too, trying to find a way around this. the problem is there are mine fields from earlier conflicts. stuart: this video coming angeles, this is teargas being fired by hungarian police after the group of people who are charging the fence. . comes, you are going to see it is an ugly scene in the. this is why you have a humanitarian, look at that and look at that. attempting to disperse these people who are desperate. this is the face of the humanitarian crisis which threatens in my opinion the unity of europe. liz: hungarian authorities say we have solidarity for the refugees but we can't afford the economic burden they pose to our country so the authorities in hungary have called a state of emergency the country. stuart: water cannon. this is a live shot. this is happening right now. firing a water cannon, there you go again. this is ugly indeed.

this is the border between hungary and serbia. this is the first point of entry between those desperate migrants who wants to get into hungary and if they can get in there they can go to austria. ashley: hungary is to the point that they should apply for political asylum at the place they first landed in europe, they would have to go back to greece where they landed in dinghies and rubber boats and told york have to go back there to apply. other countries, germany into the mess that we should be welcoming them but the germans put in border patrol police as has austria. we have a bottleneck and growing crisis. liz: there is a report that hungary is deploying paramilitary troops outfitted with helmets in black uniforms and they are moving information for the serbian side of the border. that is what reports indicate. stuart: and gary and military people. that is different from police

officers firing teargas. that is a different story. ashley: there are minefields year from previous conflicts in his region and there's a concern migrants get through, they could trigger those devices. stuart: who knows where the ends? you are seeing one attempted border crossing. who knows what happens elsewhere when tens of thousands of people joel in these crowds and try to get in somewhere. ashley: the beginning of the week, failed to come up with an answer. they were going to impose a quota system. many of the eastern european countries say we cannot take these migrants, we don't have the money, we are not equipped. stuart: for the first time the european union, one of its greatest achievements is that it has a free movement of people, open borders within the european movement. that has been suspended because they now have german troops on the border with austria stopping people coming in germany and

austria has moved troops to its border stopping people coming -- ashley: as the underestimated how many refugees were coming to europe. stuart: i have to make the point the european unity is gone and i don't think it is coming back. liz: it is the debt crisis, germany would foot the bill and under -- and other countries's debt crises. this is a bigger test of unity of the european union. stuart: what are the europeans going to do? with this happening in the center of your. ashley: they will go to brussels and have another meeting and talked and talked and could come of with a solution and this tends, it has been growing for days, led to what we are seeing now. stuart: this press is the issue. how long before someone dies? how long before they pushed into serbia and get to a minefield and there is a dreadful human tragedy. liz: the crowd is throwing stones, bottles and sticks at police. this is extremely tense moments you are looking at, live shot

right here. stuart: i don't see the solution. i do not see the solution to this moment in time. ashley: all you can do is open the borders and let them go where they want to go but it won't happen. that is the only way you are going to remedy this situation. stuart: when if they did let a lot of people in they are already going to letting close to a million, that encourages more to come. liz: when germany announces a hundred thousand, the migrants try to get there. stuart: bill o'reilly said it last night, the next wave of immigrants comes from africa. there is oppression and poverty in africa. if north africans get in in large numbers along come the africans after that. i do not know how you're can possibly be expected to cope with all these people if you let them in or how they can keep them out. this seems like this -- ashley: humanitarian crisis. stuart: no way around this

situation. we will be reporting on stuff like this for a long time to come. i know you are among the line there. i want to talk about this. i don't see any solution for the problem our viewers are looking at on the screen. tens of thousands of muslim people trying to get across the border into hungary and western europe, there's no solution is there? >> not right away. we left syria to be savaged by the assad regime and until we get this tragedy to develop safe zones in syria, to allow them a no-fly zone, to allow the rebels to build some type of strength against bashar al-assad this will continue. i spoke to my family last week, over the last two months there has this strategy to hand out millions of passports to sunnis because the bashar al-assad regime working with iran move in shia population into syria and also there is the strategy to

depopulate syria of sunnis listed come out of nowhere. the strategy has been to change the population demographics in syria because they see the revolution that included 10 to 15 million out of the 22 million syrians very is no way to win this militarily without killing the majority of serbians, trying to do that and unable to so ultimately they are trying to shed about and that is what is happening. stuart: your solution, a use the word hesitantly, your solution would be to create safe zones in syria and elsewhere in north africa using the united states military and maybe the european military, create safe zones but i put it to you that is not going to happen. the europeans don't have the military to duet and america doesn't have the will to do it. it is not going to happen. >> but there is no other solution. ultimately this will be the dissolution of the e.u. because

of huge population shifts and the sunnis don't, they are coming to europe because they have no other option. they want freedom, they are unable to survive in syria but they want to see their land free. a have been trying to execute a revolution and it is not working because it has thatthey have bee a revolution and it is not working because it has that soviet-style military get some. they had to leave. we don't need. underground, we need a no-fly zone like we did in libya. it would take, there is a cost but the cost pales in comparison to what this humanitarian disaster will continue to cost. stuart: you said earlier you talked to your relatives in cme and you are of syrian descent originally. do you talk your relatives in syria, telling us sunnis are being literally forced out on mass, get out of this country, here is a passport, go.

is that happening? >> you are seeing the barrel bombs raining on you, seeing what is happening from this military conflict, and the past few years they didn't want them to go. here is 5 million passports come get out of this country because it belongs to the bashar al-assad regime, that is their plan to depopulate the. of the one which do you make of isis saying we are going to embed people in this refugee tide that is going to europe? >> that certainly is something they have done and will do, but the percentage is anywhere from 3% to 5% which is a significant number but we can't let that, we have fought wars, world war ii,

the vietnam war, we had an enemy embedded in the enemy we were trying to defeat but also we have allies on the ground and we can do the same thing. stuart: very sorry, i have a hard break, we will continue watching these pictures, we will take a break, more on this three minutes from now.

if the one you are looking at the hungarian/serbian border. and won't college a riot. i will say thousands of migrants from mostly north africa are trying to get across that border. hungarian police are doing everything they can to keep them out. they are firing teargas. you can see that on the left-hand side. water cannon on the right. these pictures live from literally moments ago on a serbian hungarian-born. these are live pictures. ashley: trying to get through from serbia into hungary, into austria and into germany. hungarians have shutdown the

border as have the serbian so you have the hungarian police, the situation has been going on getting tense as they try to break through, migrants trying to break through. at one point at the border that lead to the flight from the hungarian police. we are hearing reports that some of these migrants decided to head west and try to go through croatia and that way north through australia and germany and having some success getting through on the croatian border. it is very hard to stop this wave of humanity do it moving northward to your. stuart: like a wave of humanity, small army marching across europe to try to get in, baking on the door to get in. ashley: complete lack of coordination in the e.u. how to handle this, some saying we should welcome these refugees, all playing our part, others saying we can't handle them. stuart: let me see the video from earlier today where they were firing low water cannon,

where they break up. it is used to disperse the crowd and later they used water cannon. that is a near riot situation as they try to get across the border. we are joined on the phone by walid phares. thank you for joining us. we appreciate you being here. i have a suspicion this crisis ends european unity as we know it. it ends the european union as we know it. arby going too far? >> psychologically it is already happening, these incidents between hungary and serbia, the czech republic, croatia, and in less, germany and france. spain is observing, showing two things, migrant refugees, organized force, when you see a

gentleman without microphone, this is not your regular migrant crowd that goes hand weights, this is the militant group. with families, the big question in europe, where these came through. it is taking place on the hungarian serbian border. how did yugoslavia or serbia allow them to going? when they reach the g n c on the greek island they are technically -- allowed them to move from the syrian border to austria, these are the strategic questions. stuart: what do you think of the security threat? major proportions for europe. a security threat involved with isis terrorists embedded in those migrants, it to increase the muslim population of western europe the and also encourage

another domestic terror security difficulty? >> there are three dimensions here. it needs to be handled. one unified force, each country has a different measurement and dimension. second you have the actual demographics and societies may not express it politically right or the way they want to express it but these movements in cities and towns and the european union is not taking care of it they have to take care of the bill more importantly, they are, according to researchers and experts, with in these communities of refugees, just keep in mind charlie hebdo took two persons to kill several journalists.

if you look at what is happening right now and project dozens of potential jihadists which is normal measurements coming with these civilians then you are facing a large security problem. stuart: do you think eventually some of those people we see on screen will come to america and be let into america? >> there are two different issues, the administration here will want to take 10 to 20,000 potentially in america so they will come through an organized federal government sponsored way. those we see now, settle in europe, what is the future in europe, they could obtain a european passport. a european passport transitional visa for interim paper, many among them with like to come to canada and the united states and beyond. >> in the immediate future having real trouble trying to get into western europe, will we take some of them on a

humanitarian basis and should some to america in the immediate future? is that in the cards? >> the administration -- there is far more than 10,000 people hammering at the gates of europe. will america take more than 10,000? are we talking 100,000 we might take if possible? >> what is happening right now is they are getting there because it is land bridge, just walking through the countries of europe getting to germany and eventually to sweden. they are not going to cross the atlantic. our government at one point i will take 10,000 and one month take 60,000, that is the possibility that flow public needs to be ready for end debate. stuart: walid phares, thanks for joining us on such short notice, appreciate you being with us, thank you so much. what more do you have? ashley: someone on the ground that the scene when the hungarian police let loose with

teargas and water cannons, shows a couple of the migrants carrying children, very sad, not just young men but a lot of women and children in this. when you see these images showing, children also affected by the tear gas used by hungarian riot police you see a couple kids being carried, faces covered from the tear-gas. stuart: pictures like that changed policy, the little boy on the beach, they change policy because it is a humanitarian crisis. a security crisis that has no solution in the immediate future. ashley: no sense of unity among the e.u. nations, complete the split on what to do. stuart: thanks for joining us on this subject, we will keep you in touch with what is going on on that border a you will see it happen right here. to the market's very quickly we will have the federal reserve decision on interest rates, right now we are pretty flat, slightly higher, up 48 points.

people when asked have said if the fed does raise rates tomorrow it is possible the market will go up. we will see. the price of oil $47.11 a barrel of 5.5%. news this morning the we have less oil in storage, supply, therefore up we go, 4713 is where we are. switching gears to back here at home, there is a lot riding on tonight's republican debate. don't know where that picture came from. the hundred debate. these are the people in the debate tonight and you say some of these people if they don't come through they will be hungry for money. >> this is make or break time for all the people in that group. i am hearing that from republican contributors to deal with that in the city and there's a fascination with, and from obviously. i want to hear what he has to say, i am going to a debate

party tonight. purely from a political and policy standpoint the real guys you got to look at our marco rubio and walker. what i hear from their contributors is both of them are trying to differentiate themselves from each other. for those two guys this is the make or break time. but having a hard time raising money on wall street, anthony is a big walker contributor. i know lots of marco rubio contributors saying the same thing. the money for is not there because they have not broken out from the pack or differentiated. in many ways people who deal with these guys at fund-raisers, same story, they need to differentiate themselves. marco rubio in particular from what i hear from these guys is dead set on making himself different in this debate. stuart: you are following the money. donald trump says he doesn't need the money. ben carson has been gathering quite a lot of money.

jeb bush has got quite a lot. >> one of the advantages he has is he graze all that money, that super pac money, $100 million plus that even he is having a hard time generating excitement and cash. here is all that's achilles' heel and this is changing the subject a little bit. will he spend his money on this campaign? a lot of people say he can do it, twitter, outrageous statements caught he gets a pickup when you say something outrageous, there's a pick up the fact that you get. i don't think he can run a modern presidential campaign that way. is other achilles' heel we are going to find out if he really is the republican candidate whether he is worth $10 billion or not. he should have to spend $1.50 doesn't spend $1 billion my guess is he is not worth $10 billion. this hasn't played out yet. i don't think the realize he would be in the position he is.

i initially, i still don't -- ashley: his own love. >> as marketing ploy to enhance his brand, get on the republican stage, at 20%, and now picking up steam. will he spend the money to go from 30% to 40% to 50% and when and if he is the nominee will he spend $500 million to $1 billion? stuart: that is what it takes to win an american presidential election. you are not all in with a one billion dollars. stuart: raising $2.2 billion, in his defense he will say i don't need that much money because i'm a master marketer which is true, but still has to spend money as we are going to find out how much he is really worth in that context. >> go to a party tonight. >> it is at hunted fish down the block and it is going to be just to be fair don't call me early tomorrow morning. stuart: where are we? looking at the price of oil, that markets the gloom and this

market is moving. it is at $47 a barrel and isn't into dollars and $0.43 a barrel. how about that? we are up 68 points on the dow jones industrial average. maybe people are watching this program because we said throughout the show today that if the fed does raise rates tomorrow afternoon maybe the market goes on. if they don't raise rates the market goes up. >> on the back of the market. >> they won't raise rates like the economy, talking to a lot of traders, they say they will, the guys with money in the game. clarity. crazy. stuart: it drives them crazy. on the one hand this on the one hand that. >> back to fantasy. >> the dow was up 7. stuart: the crisis on the hungarian border, you have been watching it on this program, riot police using teargas and migrants, more on that in a

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stuart: former ambassador to the united nations john bolton on the phone commenting on what we're seeing on your screen switches the border between serbia and hungary. police in hungary using water cannon, teargas to keep the migrants out. in my opinion, this crisis breaks european unity. it is splitting europe apart and it cannot recover. am i going too far? >> i don't think you are going too far. i don't know if we can say they can't recover yet but this is a dramatic demonstration of the continuing failure of the european project. here's the continent that is supposed to the making collective decisions and i put most of the responsibility here on germany. which unilaterally some days ago that it would accept a hundred thousand syria refugees. austria, hungary, serbia, a

nation's that these refugees are taking to get to germany and i think they're saying the negative reaction was entirely predictable to people who feel as if they lost control of their borders to people they made no decision to admit and this will only get worse as time goes by. stuart: hold on for one second. i have some information coming in on what the migrants are saying about their situation at the border. ashley: the associated press saying comments from one of the migrants, we fled wars and violence, did not expect such brutality and inhumane treatment in europe. shame on you, hungarians. stuart: i know it is difficult but can you give us any prediction where this might be going? >> i do believe the flow of refugees will continue and perhaps even increase because even though i think negative reaction has begun to start in germany, people believe the

floodgates are open. i put responsibility on turkey as well which is trying to sweep its problem, and increasing people coming from north africa, people trying to get through. stuart: what is going to happen. if you have a couple million people battering on the door of europe. ended they did let the men i don't know what will happen. ashley: serbia needs to take a stronger role because hungarian police are under attack by chris of migrants attacking with pieces of concrete. and they decided they had to act. stuart: we hear it. sorry to leave you, got to move on. a difficult day for europe.

stocks are moving higher, this is a day before the federal reserve and interest rates, we're 80 points, 16680. the big market mover is oil. 5%, 6% gain, 4717, is oil. the inventory report coming out today showed less oil in storage, less supply, that means prices up $47 on oil. how about this? boston researchers have developed a supercomputer, a patient is about to die with 95% probability. the man who beats the product is dr. steve forbes. if you feed my personal data into your computer you tell me when i am going to die with 95% accuracy. >> that is correct.

the purpose of the project is to harness the power of big data. and all possible information on the computer, your past, previous medical visits, laboratory results, vital signs every few seconds. you and is a by predicting probability of dying within the next 30 days. stuart: people come to the hospital, some serious condition, you apply this computer program to those people in the condition, not to be like myself to feel pretty good at the moment. >> this out the rhythm is applied in the emergency department and is on every patient that comes in and this is requiring a huge amount of work and we have been doing collaboration with the institute for the last five years. ashley: "cavuto coast to coast"

when do you tell patients when he or she is going to die? >> we do not. these algorithms are so tightly integrated into our load most of our doctors don't even know it is there and we do more than predict whether or not you are going to die. we predict what medical problems you have, what medical problems you could have in the future, what is wrong with you and all these types of clinical applications. one of the anecdotes we have with our doctors is the system is so smart easy-to-use and when we take you down for maintenance or it goes down they not say the system is slow, not working quite right. and that is our philosophy. if we do it right you don't know it is there. stuart: thank you for joining us you scared us all to death. export mary program. thank you for joining us. appreciate it that. we are still watching dramatic scenes from europe, migrants warming the border between

hungary and serbia. riot police fighting back with teargas. a lot more on this story in a moment.

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ashley: hungary has told serbia this particular border crossing is going to be shut down for the next 30 days, they are going to shut it down, one of the busiest crossing between these countries, we may see these migrants start to move west and try to get in through croatia, that austria and germany. this is just moving the crisis along, essentially told serbia you need to control this crowd. that is why we have to act with a water cannon and tear gas because we are coming under attack by these migrants. stuart: is there a question migrants' turn back in serbia and head in a different direction? ashley: there are mine fields from conflict from years past so there's a concern for their safety. stuart: that is as humanitarian, appalling situation. we will keep you informed on what is going on with these pictures. meanwhile take you to the big board where we have a rally, we're 95 points, 97 points.

let's go up 100 points. 97 points, we will take that. the people who run government health care fails to catch problems that led to the disastrous obamacare rollout. adam shapiro has details. ashley: you say failed past tense. adam: is costing taxpayers, all of us millions of dollars. in error in a nutshell is the problem. remember obama bullseye the pajama boy, the federal exchanges crashed oct. first? apparently the center for medicare, medicaid services which oversaw this had people who were not authorized to approve contracts of the cost overruns in some cases were $28 million to one firm please use than $605 million, the ig report finds there are still people at cms cannot certified to manage the contracts so there is the huge amount of money being wasted and cms has not got

people up to speed to make sure your money is being spent appropriately. stuart: was it $600 million spent or $600 million wasted? >> probably one and the same. we spent $580 million but we are obligated to spend $605 million because people are not certified to approve these contracts approved the man they come with a full peace of the u.s. government and they violated their own health and human services regulations and standard code of ethics. they don't know what they are doing. stuart: that is what happens. >> we are here to help. stuart: you are terrible, worse than i am. >> i don't know about that. stuart: rand paul still relevant in this political race? his message, you got to say, is not resonating. who will libertarian's back instead to give back in a moment. i've smoked a lot

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stuart: you are looking again at live scenes from the hungarian-serbia border where hungarian riot police are trying to repel thousands of migrants trying to get through the border. joining us on the phone is colonel ralph peters. what do you make of scenes our viewers are seeing last hour? >> it is much, much too easy and

cheap to vilify the hungarians this. there is deep historical background to this the media are simply ignoring. if you look, look beyond the economic divide, stuart, between countries like germany that want laborers and those with high unemployment like spain for instance. the deeper divide is between western european countries and those in southeastern europe, balkans or eastern europe, poland who suffered for centuries under muslim ottoman rule and poland that resisted ottoman and tatar invagues for centuries. bulgarians, we forget, we wrapped around our own civil war, issue of confederate flag of 150 years, it has been barely 100 years that the bulgarians threw out the ottoman turks. stuart: ralph, i don't know if you can see the live pictures. looks like police fired a lot more tear gas.

my grants streaming away from the gas. that is humanitarian crisis. i understand the video looks favorable to the migrants. women and children being gassed at that border. what is going to happen here? >> women and children are being pushed forward, very cynically, seen happen in our own country and elsewhere. again the media, always zoom in on the families and kids. stuart: now we have people with blood on -- >> majority of these people that want in, the majority are young, military age males, who should be back fixing their own countries. the hungarians have no obligation, whatsoever, to let in tens or even hundreds of thousands of economic migrant. there are real refugees. they are sorted out. stuart: ralph, i have to interrupt again. these scenes are going to be broadcast all over the world. this is a riot, with these migrants, are being, there is blood on the streets right there

and there is tear gas on young men, women and children. there has to be a response to that. this is the humanitarian crisis, right hitting -- >> stuart. stuart. should the response to be open all of europe's borders for anybody to come in is? stuart: ralph, i don't know what the response should be. these scenes will cross all of europe. >> and hung geir -- hungarians will be villains and they're paying price that germany announced it will open borders to everybody. germany closed borders. hungary is a small country. they're trying to deal with a problem, getting no aid. what aid are they getting from germans? what aid are they getting from the european union? they're left alone. they don't want their country simply overrun. you want to stop this sort of thing? well, start by helping the hungarians instead of vilifying them. i'm sorry, look i feel for the women and children whose males are pushing them forward to

create a stark imagery, but, law has to prevail at some point. stuart: i agree. ralph, before we close. i have to offer this as an opinion. i think the european union, the unity of the e.u. is finished and it is not going to come back. europe is now split and you say what? >> i think the e.u. will live on as a cripple but will never come fully back to health. stuart: ralph, sorry to leave it like this. this is developing situation. >> it is contentious, i know. stuart: we always value your presence on this program. thanks very much for joining us on very short notice. shocking scenes, everybody. you're looking at the border between hungary and serbia. we just witness ad new bought of tear gas being lobbed into that crowd. and then we saw women and children streaming away from the tear gas. they include ad man with a big gash down his head. that is violence, right there at that border. what did you tell us earlier about the border, ashley? >> it is interesting. now questions are, hungary

saying it will suspend the border with serbia, this particular crossing. there are questions whether legally they can do that. there is supposed to be free movement within the e.u., the agreement that allows free passage. the pot line is, hungary, says serbia, with you need to take care of this. we're coming under attack from the migrants. we're not letting them in. stuart: there is real fighting there. people on the ground, the right-hand side of the screen that person is injured in fighting or stampede. >> hungarians there is aggressive group of migrants started launching rocks and pieces of concrete trying to break through the border. that is why they came back with tear gas and water cannons. >> colonel peters says men are pushing through, bringing with men, women and children and that is the time and time again. husbands an fathers putting their families in these rather violent situations. he made that point. i think it needs to be reiterated. stuart: it does. >> some of these men have gone violent and have their families

with them. i imagine their frustration and emotion but -- stuart: if you want to create a pr incident, push the women an children to the front. >> yes. stuart: that is what you do. you create a media environment in which the sympathy goes to the migrants and the hungarian police get no sympathy. >> cameras and reporters and they know it. stuart: sounds so harsh, doesn't it. >> it is truth of what we're seeing. look what is happening with european countries as well. they have to absorb tens of thousands of migrants. stuart: a million. >> can you imagine if this was u.s.? us and our border if we were being flooded by 100,000 migrants. stuart: well some would say -- >> i do not want to talk about donald trump right now. but that is kind of, they're dealing with a crisis situation. so this is not going to be in a day, a week or a month. this is a major problem. stuart: i don't know what can happen. i have no idea what will happen. >> they will have another meeting in brussels and argue over it.

they did it on monday and came out with nothing on it. stuart: what happens to the people? >> i think they're stuck in limbo. they will move west, find other areas towards croatia to the west and cross the border there. >> why not go to the cause which is syria? why are we not talking about syria and assad. assad needs to go. i don't care what vladmir putin should be doing or thinks he is doing. time for a world scale at the u.n. potentially -- stuart: absolutely will do nothing. >> i know they won't do anything. superpowers need to get together and to come up with something to deal with syria. stuart: the only people who can do anything about this is the american military. only the american military can establish safe zones in syria and everywhere else in north africa. only we can do it. >> obama won't do that. stuart: president obama will not do it. if you watched bill o'reilly, the factor, last night, if you watched that, bill came right out with it whose fault is this? president obama and failure of his foreign policy.

it was dramatic and strong stuff. i think the man is right. >> who else didn't deal with assad, hillary clinton when she was secretary of state. she got criticized at the time. she ignored it. she really did. stuart: i have new video. it is amateur video with the migrants trying to tear down the border fence. >> that triggered it. stuart: this was earlier today i think at that border. i believe it was an organized attempt. i can not confirm, certainly looks like it. an organized attempt to make a breach in the wall, attack it and go through it. >> that is exactly right. stuart: they were pushed back with tear gas and water cannon. this is in the middle of europe, ladies and gentlemen. you see nothing like that in decades. that is happening right now. i don't see what the response of europeans can possibly be. i don't know what will happen to

the people, which is dramatic situation with no conclusion on immediate horizon. injured people on the ground. they have been fighting. earlier we saw a guy with a gash in his head. earlier people were running away from tear gas. women and children gassed. >> babies. stuart: baby. >> women are clutching babies and running. stuart: extraordinary situation. >> will only get worse. more migrants joining this crowd. there is never-ending wave. stuart: we're trying to get kt mcfarland on the phone. kt a foreign policy analyst with lots of experience. i'm going to ask her the same question i asked ralph peters and our other gets -- guests on program, is europe finished? is the unity they presented many, many years broken by the crisis. you are looking quizzically. >> i don't agree with the conclusion. i think that is short term reaction. stuart: one of the proud achievements is free movement within the european union.

you can go wherever you like. that is finished. it is over. germans have troops on their border. as youtry yawns have troops on their border. >> that is temporary side-effect of the migrant crisis. stuart: how long will it take to deal with a million people, a million people or maybe more? >> you think thatwill shut down borders of europe long term? stuart: forever. i hope i'm wrong. believe me, i hope i'm wrong. we have there go to a break. got to make money, ladies and gentlemen. got to run some commercials. we'll be back with more after this. the promise of the cloud is that every organization

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>> i'm nicole petallides with your fox business brief. dow jones industrial average is up 85 points. we're seeing gains across the bored as everybody eagerly awaits to hear from the fed tomorrow, afternoon. s&p up 10. nasdaq up 10. some movers are general electric and chevron. energy stocks are doing well as oil is up to 47.30. pfizer and visa coming under pressure. under armour lifetime high. moulson coors lifetime high. amazon, founder jeff bezos unveiling a plan to build rocket manufacturing plant ant launch site in florida. competing against fellow billionaires to explore into space. we want to you start your day every day at 5:00 a.m. lauren simonetti and i kick it off with

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stuart: all morning we're showing scenes like this, again. the hungarian-serbian border where migrants are desperately trying to get into hungary of the police in hungary desperately trying to keep them out with tear gas and water cannon.

right scenes indeed -- riot. judge andrew napolitano is with us. constitutionally you're not supposed to prevent the free movement of people within the european union. >> correct. stuart: this is not the free movement of people, so-called of free movement of people into the european union. >> obviously e.u. countries can protect their borders from non, from entry from a non-e.u. country. so let's compare it to the united states. people come from canada into north dakota. can they move from north dakota throughout the lower 48? absolutely, without any interference whatsoever. so if these people get into hungary, germany can not stop them. at least if they follow the law. and the treaty which cited the e.u. stuart: the germans have moved troops to their border with austria. austria moved troops to the border with hungary. once they're in they're not allowed to move freely which would be unconstitutional in a european sense. >> yes.

once the lawyers, your favorite class of persons, get this before the european court of human rights which overrules all sovereign courts in the e.u., that court will order the troops to move. will they follow that order, is another question. if they don't follow that order, the mass trick treaty might as well be torn up. stuart: precise lift the european union is dead. this crisis kills the european union. >> you're right. this might precipitate it. not great britain, i think they want to leave, forgive me for telling you already know but for other reasons but the continent ought to decide if the e.u. is worth destroying over this crisis or is this the last straw on camel's back which there are many others. stuart: it is the latter, the straw on the camel's back which breaks the european union. >> there are many times the european court of human rights has invalidated decisions of parliament and the british

government doesn't like it anymore than the american government wouldn't like it if some international group invalidated decision of supreme court of u.s. but they signed a treaty. if they don't follow the court says, what value is the treaty, correct. i think british will be the first to leave. you know this better than i do. stuart: i will make a trip back to england to vote to leave the european union. >> you can vote in england as well as here? stuart: it is intolerable that the british parliament should be overruled by a foreign entity. get lost. >> but british parliament under maggie thatcher of all people voluntary joined this foreign entity and surrendered a portion of their sovereignty. is that not so? stuart: we didn't realize what we were getting into. >> we did. because we wouldn't give up british pound. we knew that would be nightmare. >> you negotiated for that carveout, that relieved you of the obligation to use the euro. i think you're rather glad about that. stuart: you're digressing judge,

you know it. you're digresses. put up the videos. >> what do lefties at london school of economics say about this? stuart: i shudder to think. i shudder to think. let's get serious again because this is very serious, this is humanitarian crisis. we got to take a break. you're looking at the hungarian-serbian border. it's a riot scene. this is not good. it is ugly. more in a moment. [ male announcer ] whether it takes 200,000 parts, ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes.

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stuart: joining us on the phone for comment what is going on on your screens which is a riot at the hungarian-serbian border, joining us christian whiten, former state department high official. christian, welcome to the program. my question is, president obama says, yeah, we'll take 10,000 refugees who are already in the pipeline. my point is, that he will probably, i want your opinion, take a whole lot more. and he is in a position to take a whole lot more if he wishes, is that correct? >> it is correct. we take about at least 50,000, sometimes up to 75,000 a year. he already exceeded 10,000. very easy for europeans to browbeat us and guilt us into taking even more. the state department says we can screen these people for security concerns but i have extreme doubts about that. stuart: the scenes on our screen for past couple hours have been tragic.

women and children being gassed. a man with a gash down his head. that is a riot situation. these people are desperate. when that video operation out into mainstream america, the president will be under great pressure. take these people. we can do it. you agree essentially, christian, a lot of those people will be coming here? >> well i hope not. i hope the political situation in the u.s. makes it clear to congress that is not what the american people want. the fact that these refugees, they have a very difficult plight. the fact they're throwing rocks at hungarian police is not a great side. oddly the refugees 72% male. many are of military strange. this is -- militarily age. that is fairly strange they may be susceptible to radical influence. europe has not had good success with muslim integration so far. stuart: thank you, christian. david asman with me.

i've been somewhat extreme. >> i don't think so. stuart: i think that my grant situation spells the end of european as we know it. >> i don't think you're extreme. at least spells the way they have been doing business for the past several years now. they need borders now because their immigration problem is out of control. this is the exact, exact moment when we see exactly where that out of control immigration policy leads. this is going to change the borders of europe, put them back in place, the same boarders that we saw 30, 40 years ago. stuart: look at that scene there. women and children being gassed in europe, for heaven's sake. >> this is mo, unfortunately of radicals in the middle east. the mo is to create a riot and push women and children in front of the barricades to make it a pr disaster. that doesn't bode well for the end of riots. stuart: i don't know the conclusion to this. >> the conclusion is europe

comes back with the borders and europe changes. stuart: david asman. we appreciate that. you're watching dramatic scenes. more "varney" in a moment. they come into this world ugly and messy. ideas are frightening because they threaten what is known. they are the natural born enemy of the way things are. yes, ideas are scary, and messy and fragile. but under the proper care, they become something beautiful.

:

. stuart: it's not over. for a couple of hours now, we've been showing you migrants at the border hungary and serbia, being gassed. some of them have wounds. some of them are injured, on the ground. it's a police operation that the point. riot police that is, firing tear gas and using water cannon to keep the migrants out of hungary. well neil cavuto is with me, my time is up, neil, but i'm going to leave with you what looks to me like a security crisis, a humanitarian crisis in europe, and on top of that, a financial crisis. that's what we've got. neil: i agree on all of the above, stuart. your coverage is excellent, by the way, it's going to come back to the united states, to fix this, address this.

there's talk that the president is going to meet with vladimir putin or phone into sort this out. somewhere blaming this on putin. you got to think, in the end, you and i might be old enough to remember the cuban boat crisis when they flooded in this country. bill clinton was the governor of arkansas, and a lot of the refugees relocated there, and it was out of control. castro emptied his prisons, mental hospitals. we don't know the breakdown who's who here. to your point, it is a mess, and something we've not seen since back then. stuart: neil, thank you very much indeed. it is yours. neil: thank you very much. we are going to be following up on this with the former governor of arizona how you deal with a border crisis especially when it affects so many borders. before we get into the details ahead of tonight's debate, news on apple to share with you right now. we are apparently hearing there would be a delay in the updated operating system for the apple watch. this will not affect, we're told, the regular apple