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tv   Varney Company  FOX Business  September 17, 2015 9:00am-12:01pm EDT

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not the brick and mortar job. >> i'll be hosting a special report and announcing the fed decision along with lou dobbs and stuart varney. i hope you'll see us for that. stu, i'll see you at 1:00. stuart: yes, you will. the interest rate, what grabs your attention as a viewer? no question in my mind, good morning, everyone, the debate. cnn blew it and tried to turn into a fight night and turned a lot of people off. donald trump's bombast wore thin and carly fiorina nailed it. the fed and interest rate, i know it's important, but i've just about had it with the tea leaf readers.
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do you think we'll get clarity today? dream on. do not ignore euro's migrant crisis. you saw it at the border yesterday. the news today is the new migrant trudge through croatia. europe at the breaking point. and they spelled cablevision, but keep the knicks. how do you like that, sports fans? a big day here. "varney & company" is about to begin. >> ♪ oh, seemed to me, mr. trump said that he heard mr. bush very clearly and what mr. bush said. i think women all over this country heard very clearly what mr. trump said. >> oh, yeah, that was maybe the sound bite of the night. let's bring in ileana johnson,
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you were there. did she win with that comment? >> that was a moment of the evening, stuart. you didn't play trump's response, but if you want to see donald trump grovel, that's what he said, carly fiorina, she's a beautiful woman and a turn off to everybody. i wish we could see the viewers, i know a lot of our viewers are strong um interest p supporters and don't like to hear anything. i'd love to see their reaction to when you said trump grovelled. i'd love to see their reaction. >> trump's point is authenticity when he made a comment he didn't stand carly fiorina's face. that's had a comment.
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but when he stands next to her, and says, she's a beautiful woman and i love her face. that undermines authenticity and doesn't play well. >> trump was clearly the center of attention last night. i think that 44% of the questions focused on him. what's your judgment of his standing now after his performance last night? a lot of people are saying, maybe this guy peaked last night. what do you say? >> i think that's accurate. you know, at some point in these debates, you really have to have a deep knowledge of policy and i think that's where trump is starting to wear a bit thin as you said at the outset, stuart. and that really showed on his response to a good question on vaccines and autism, where he just sounded a little bit silly there. and eventually the process-- this process of debates is very meritocratic and people who
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know their stuff rise to the top. >> thank you, you did okay. thanks very much. later this hour governor scott walker joins us. i'm going to ask him, what was the moment and the issue where you thought you broke through last night. i'll ask him 9:45 this program today the let's get to the markets, i'm going to say they're basically flat this morning because we've got the fed decision on interest rates, they will be apparent-- no confusion, clean-cut, 2:00 this afternoon when the decision comes down. mark murphy is here. are you ready for this? >> i am, and mike murphy as well. >> what did i call you? >> mark. stuart: you're mike. how many of our viewers are sitting there at 2:00 this afternoon, waiting to buy or sell a stock. how many of them are glued to that decision and which will
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make them buy or sell? ordinary, regular viewers. >> hopefully very few. this isn't something to trade off. we're going to get the rate hike or the plan for the rate hike, it shouldn't have a major move on the markets. i'm in the camp we should get the rate hike now and a great time to be buying financials, as rates start a slow and steady climb back to normal. stuart: that's interesting, you don't think there's going to be a profound reaction one way or the other, if they raise rates or leave rates unchanged? >> there may be, we're in a world with high frequency trading. we've seen some flash crashes. stuart: by 4:00 at the new york stock exchange, is the market up if rates go up or down because rates go up. >> if rates go up and 2:30 when janet yellen gives her testimony and gives a reason why the rates went up and underlying strength in the economy i think we're up quite a bit higher. ashley: i think that's what's
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going to move the markets if anything, what janet yellen has to say. their reasoning and what it may say about the future with regard to interest rates. stuart: that's very interesting that you should say that we might be significantly higher at 4:00 this afternoon if janet yellen explains well why she raised interest rates. if in fact, that's what she did. >> markets love clarity, something we haven't had for a while. i guess a rate increase is clarity. >> yes, it is. you can't deny that. >> properly, it's clarity. stuart: we'll be parsing every single word as you well know, mike. some of us call this murderers row. this is our special coverage of the fed that starts at 1:00 eastern time and i will join, i should say, neil cavuto, maria bartiromo, lou dobbs. ashley: that's the power team. stuart: i'm glad i'm on it. a totally different subject, check the share price of cablevision. this is pre-market. up about five bucks, big gain,
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that's on the news that it will be bought by a european cable company. 7.7 billion is the price, that's not the point here. the point is, that the people who know cablevision know that the dolan's own it. the dolans know the new york mets. when word came out, they thought that the knicks may be controlled by somebody else. they've been floundering for a long time. it's not going to happen. jim dolan still in charge of the knicks. more on that later. and a serious subject, let's go to it immediately. major earthquake rocks chile. strong after shocks hitting the country right now. massive ways of slamming the shoreline, forcing a million people to evacuate their homes. we'll have more on that as it develops, of course. one other big story, the migrant crisis in europe, we showed you the dramatic images
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of the hungarian, suburbion border. police used tear gas and water cannons, and throwing at the cops in return. it's a near riot situation. the migrants tried to get through and they were repulsed by the riot police in hungary. let's bring in colonel ralph peters. i've been outspoken on this. i'd say that that crisis undermines the european union. i want you to take it back to the root cause, i'm going to say we're not going to do anything about that root cause. >> well, we certainly aren't under president obama because, he has allowed syria to deteriorate into what it is now. we have reached a point where vladimir putin is looking to do more about syria, not all good, not all bad, than we are. we're being crowded out of the middle east. crowded out by putin, by the iranians and by islamic states
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and there's a deep historical back story to this. go back to yesterday and the riot on the border. the media are trying to make this a black hat, white hat thing, the hungarians are all bad, the poor refugees many who have working cell phones, unusual in refugees. or the migrants all good. it's not like that, hungary is getting no help from europe. they have a right to control its sovereign territory and my god, if they're throwing rocks at the hungarian police, what are they supposed to do? germany unleashed this and they want other people to pay the bills and syria is not going to get better. stuart: that's what i want to get to, i think is a profound split in europe. if i use the expression, the breakup of the european union i've been told i've gone much too far. i see the seeds of a breakup with that video there.
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colonel, i have to ask, am i going too far on this? >> there's going to be a deterioration before a breakup, but a breakup is possible. i think for a lot of europeans, the man or woman in the street, this is a clear-cut case of elitist bureaucrats, trying to tell countries, large ones like romanian, hungary, latvia, telling them, you've got to accept these refugees. and you know, when-- as the media plays into this and says, oh, most of them are economic migrants and the media says the poor refugees, we've got to help them. let me ask you a question, ask everyone a question, the overwhelming majority of those migrants are economic my grants, young males of military age, unwilling to fight to fix their own countries. we want europe to accept the young muslim males, how
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welcoming were the muslim societies of the middle east to the refugees from the holocaust? >> well said. colonel, i'm terribly sorry, i'm out of time. it's a short period of time we've got. you expressed yourself clearly. >> raise those interest rates. [laughter] . stuart: you're not a tea leaf reader, don't start now, please. ralph peters, great author and great guy. thanks very much. more debates throughout the program. moments where donald trump didn't look so good. even if you support him, criticizing, george h.w. bush in the reagan library. >> your brother gave us barack obama because it was the last three months.
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>> can't get away from it, back to the debate.
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there's a moment when i don't think that donald trump looked real good. roll that tape. >> your brother and your brother's administration gave us barack obama because it was such a disaster the last three months, that abraham lincoln couldn't have been elected. >> you know, as relates to my brother, one thing for sure, he kept us safe. i don't know if you remember -- [applause] >> that was the applause line of the night, greeted with robust applause there. >> and welcome back to the program. >> good morning, stuart. stuart: do you think that's one of the moments where trump didn't look too good. that's the way i felt about it. >> i do. there were several of those moments he was engaged in a one-on-one exchange with another candidate and i thought didn't come out on top, most notably the jeb bush exchange and another one with a carly fiorina where he sort of lost his alpha dog status in a debate that was probably widely watched, that's not a good development for donald trump.
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the other thing i would say more bradloadly in a way, he struggled when the debate turned to politics. he was engaged, but then it turned to policy, and trump when he answered he didn't provide compelling answers in my view and disappeared for that. stuart: he did. he faded. the opening bell and it was fight night, he was right there in the center of it throwing insults to rand paul, et cetera, et cetera, hogging the attention and then john kasich sort of gavelled everybody to order if i was watching this give and take i'd be turning off. and then it turned to policy and you're right, trump faded at that point. i wonder how many ardent trump supporters say that and disapproved of it? i just don't know at this point. what do you say? >> well, probably not many.
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it's been my experience with trump supporters, some of them, not all of them. they like who he is and what he does and quite pleased with his attacks and sort of commanding behavior at the beginning of the debate. i do think that the fiorina moment was a moment, and you know, i'm done predicting what donald trump is going to do and where he's going to go in the polls. stuart: me, too. >> just not very good career move for me, but look, this was a big moment. he had insulted her, insulted her looks, she knew it was coming, she knew she was going to be asked about this, but the way that she answered was a spontaneous answer to something she knew was coming. she used something that jeb bush had just said about donald trump, used it in other answer, gave a strong, forceful and concise answer and then basically ended the discussion. stuart: i thought cnn did a bad job of putting that on the air. i think it was too long.
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and i think they deliberately stimulated fights between the candidates for whatever reason. i think that's what they did and don't think they did a good job, last word to you on that. >> as somebody who has been distantly involved in debate questions. it's hard, you want the candidates to engage with one another and looking to create that environment. i thought it was too much. in hour two, hour three. you're saying well, this person said this about you this time and at the end of it, it was almost exhausting. >> well said, i was utterly exhausted after 90 minutes, i go to bed early. >> thanks for getting up this morning, we appreciate it. >> thank you, stuart. stuart: we are going to take a quick look at the futures market. pretty flat. are' not going to see a great deal of action until 2:00 eastern time when we get that fed rate decision. big spike yesterday, a 6% gain, 47.19 this morning. next, from the candidates at
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the debate last night surging ahead of the pack on social media. one of them got nearly half a million mentions on twitter. the social media aspect after this. watch this. >> i hear phenomenal things, i hear your wife is a lovely woman. >> she's fantastic, the love of my life and she's right here and apologize to her right now. >> i said nothing wrong, i hear she's a lovely woman. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping.
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it's how edward jones makes sense of investing.
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>> we all have opinions about the debate last night. don't we? we're not expected to see concrete polling results until early next week. in the meantime, social media trends, a pretty good indicator who took the night. jo ling kent has broken it down. what was the biggest google search. >> the candidate that won was donald trump and noted number two, carly fiorina, jeb bush, ben carson. >> there's something called new followers on twitter, what's that? >> basically from the time the debates were started, stuart, you know, come on. >> seriously? >> humble. go.
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>> okay, mr. humble, the people who gained the most followers, carly fiorina gained more than 20,000 new followers and trump gained followers followed by jeb bush. stuart: two biggest moments as they appeared on social media. >> google compiled this data and see who searches what and what he is happening on social media. the two biggest moments is jeb bush and trump and they discussed his wife. the second moment was fiorina, emotionally talking about the loss of her daughter. stuart: that's very interesting. i think there were two words of the most retweeted. what's that. >> the most retweeted candidate, jeb bush, two words, sorry mom. he said sorry mom. >> a huge laugh from the audience. stuart: 30 seconds, wrap this up. what's the significance of the social media. >> two things, millennials,
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voters, seeing how they react. the more you have a following, the more you're likely to fund raise and that big or small would transfer into states in new hampshire and south carolina. >> you broke through for me. that's really, really good. because social media is very important and this is what's going on in the debate. >> the second screen is becoming just as important as the primary. >> i was watching the big screen, television and i have this going as well. i have a loop. >> and the knowledge of twitter followers, what are those? it represents the youthful demographic. stuart: i've got to go. grim statistics for president obama, many people are worse off now than they were in 2007. more varney next. >> for the 55-year-old construction worker out in that audience tonight, who doesn't have a job, can't fund his
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child's education, i've got to tell you the truth, they could care less about your careers.
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>> 30 seconds to the opening bell. there they go. on cue they start clapping. in five or six seconds the bell will ring and we'll trade.
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don't expect a big move in stocks in the early going. as everybody knows we'll get a decision on interest rates from the federal reserve. at 2:00 we'll get a decision, up or flat. and janet yellen will answer questions from the media. we'll cover it all, of course. the markets open and in the early, early going we're down 14 points, down 12 points. i tell you, this is going to be flat opening to the market this thursday morning. ashley webster is with us and so, too, is sandra smith. mike murphy is back and scott shellady in chicago. i'll ask mike the same question as before. if they raise rates at 2:00 this afternoon, how does the stock market close? >> i think they raise rates and gives us a play book. if janet yellen comes out and says it's a slow gradual increase and the reasons behind, point is picking up and
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that we have 0 strong housing market. i think it goes higher. stuart: i've got pretty good ears and i hear everybody else in the background with the saxophone, was that you, shellady. >> no, it wasn't me, but i would ask this, since 1964, rate hikes have been fairly good for the market. so, that would be something that we'd have to take a look at one data point and the other i'd have to 100% agree with. regardless whether they raise them, it's everything to do with what she said. they could raise them for the wrong reasons and the market tanks and they can raise them for the right reasons and the market tanks as well. it doesn't have anything to do with the move. >> sandra? >> listen, john hilsenrath made the point. the fact that janet yellen hasn't laid out a hint of her strategy to raise rates. [buzzer] what? what now? >> fett watching on the one hand.
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sandra: 23% chance of a rate hike priced into the market and it doesn't look like the market is anticipating. and stuart, it's going to be a stock and shock selloff. >> i don't think it would be a shock. we haven't heard from yellen in months. we know it's 50-50. sandra: it's not 50-50, i said it's 23%. >> no, the pit traders in sheing tell you. if you looked at that, i think you'd see 50-50. stuart: cue the saxophone sound. ♪ >> have a look at price of oil. pa big jump, 6%, 47 bucks this morning and in comes goldman sachs all over again, another comment out. they say that prices stay low for the next 15 years. scott, would you be prepared to go out for 15 years on any prediction for anything at all? >> first of all, i'm not quite
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sure i'll be alive in 15 years to make any statement about that, number one. [laughter] and number two, that's a little bit -- that's a little bit widely put. we're going to be in a time of volatility. we've seen a lot of money leave that comment sector, it's not just oil. we've seen a lot of people entrenching themselves on the federal reserve and the interest rates. commodity, volatility, absolutely here to stay and i think that's going to be a two to three year deal, but i don't know about energy prices being low for 15 years. >> well said. i want to get back to the same question with you again, scott. supposing janet yellen leaves rates unchanged today. how does the stock market close out the section at 4:00 eastern this afternoon? this is for you, scott. >> i think what sandra said is right. if you want to poll the guys behind me, it would not be a surprise if they left them unchanged. we a we can't find inflation. we've got an unemployment rate,
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but an all-time low participation rate. the engine is broken, so i would say that that 23% is right. more of a surprise if they hike, so, i think if they don't, the market takes this-- >> everybody, listen to scott shellady, that's how you report on what the fed is up to, that's clean cut, that clear, that's an opinion i can give with. sandra: it's because you can't understand me, stuart. stuart: that's true. let's look at this. sports fans listen up. 7 billion they're paying. and they own and run the rangers and the knicks. >> and madison square garden, that was not part of this deal. 17.7 billion if you throw in the debt, but this french company is really trying to get a strangle hold in the u.s. >> sports fans are looking at those guys and saying, oh, no. >> good luck with that. that's correct, isn't it? >> all part of the deal.
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they don't say who manages is, or buy and sell. >> my brother-in-law was on the team, the rangers, 1994 and-- your brother-in-law is a hockey player? >> my brother-in-law is brian leach, watching the show and-- >> a big star, better on the show. and general motors near a settlement with the ignition switch recall. ashley: it could be a fine up to $900 million. they may be charged with criminal wire fraud for allegedly making misleading statements. they knew about the problem with the ignition switch for a decade and linked to 100 deaths. stuart: the decision has been
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made and the stock goes up. >> and they want to get this behind them. i think that's what will happen. stuart: next case, rite aid on the corner of all kinds of places in florida. >>. ashley: every corner. stuart: every corner. nicole, what's going on. nicole: two names cut their forecast. rite aid is down. and the this one you have a loser and the dow is down about 20. you want the other loser. stuart: yes, please. nicole: another one, disappointing. oracle talks about the strong u.s. dollar, a lot of companies say that. down 3%. and the traders are a mixed bag as to whether or not the fed will raise today. i have to say they're battling it out. >> spare me, please. >> janet yellen doesn't like surprises. stuart: thanks very much indeed, nicole. don't forget to tune in every morning, i should say, 5:00 eastern time and lauren and
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nicole will take you through the day at 5 a.m. i heard that, nicole. apple, a release for the software for the apple watch has been delayed. that doesn't sound-- ments not for a product that they've released any stats or figures how successful the watch is. they're not releasing the softwear for the watch. they say they discovered a bug. it was supposed to make the watch faster and allow you to put a picture on the phone, i'm sorry, the watch. anyway, a big disappointment. what's wrong with apple and they don't have it right. stuart: a rare setback. they don't often do these things. >> a lot of times when there's a new product, there's a glitch and the stock continues to trend higher. so when you have a bull pac, like apple pulled back from the mid 130's.
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there will be an opportunity here. >> you're buying at 115. stuart: manchester united, they're a soccer team, ladies and gentlemen. and on the verge of posting its best ever profit. do you watch man-u? >> i do. what they're doing better than teams in the u.s. is how to monetize their fan base. it's a name to watch. if they can-- that huge following they have, if they can monetize that it's a much higher stock price. stuart: and they need some success. ashley: on the field they haven't had success, but you can't go anywhere in the world and say man manchester united and people not know who they are. stuart: mike murphy the man to my left mentioned his famous hockey brother-in-law, brian leach. >> you guys kind of look alike.
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stuart: one of the best defensiveman. >> defenseman. stuart: defenseman in hockey history and most important, he is a varney and company viewer. mr. leetch, welcome to the program, and you can come on the program anytime you like, replace your brother-in-law. look at this from the census bureau. 57,300 that was 2007. where is it now? >> well, down to 53,600 those a drop of 6 1/2% over the obama years. what, is that a recovery. ashley: we're five years into the economic recovery, what does that tell you. stuart: i think it's six. ashley: well, from-- you're right, it is, wage growth has been anemic, we know that. prices have gone up, health care costs have gone up. the median household income down 6%, what kind of a
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recovery is that. the poverty rate has gone up. stuart: i can't remember a time in history, 1930's where the middle class, length of time, five, six, seven years. sandra: that's a punch in the gut, everybody is earning less in a household, but the price of just about everything has gone up. stuart: that should have been on the debate last night. sandra: where was that? >> i don't think the stats were out at that point. >> and the move to raise minimum wage, i don't think it helped at all. it has a negative impact. sandra: what i miss is a real specific plan and-- on the economy was missing. stuart: too busy fighting each other. and we've had several guests on the program that say that china is it a ponzi scheme or a bubble that's bursting. our next guest says china
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doesn't matter to us. here is louise keeley with the demand. let's say that it's a bubble and it's bursting. you say it doesn't affect us? >> it can affect us, it's not that it doesn't matter. the notion that it's a ponzi scheme can be due to the fact that set in china-- >> let's get straight at it, shall we? china crashes, the economy, the fa fact-- the stock market, if that happens, what happens? >> there are different types of crashes, it could crash and we could see that. there's a bigger question about china's long-term growth and question of rebalancing and restructuring the economy to a more consumer-led growth.
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we think that long-term, that's vich in the cards. as long as that happens, then the impact overall on the u.s. will be positive. stuart: we got it. i'm terribly story to cut this short, but i've got governor scott walker on the other side. i've got to leave you. thank you very much. shall appreciated. don't miss our special fed coverage at 1 being eastern. neil, maria, lou and myself will be on board for the fed coverage starting at 1:00. >> check out big board, i'm not going to call it a selloff. we're pretty-- >> and cnn turned it into a fight night. >> we're not talking real issues. and mr. trump we don't need apprentice in the white house. we have one right now. we told us--
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>> now more than ever, america needs a leader who will go big and bold again. someone who has been tested. i'm ready to be that leader. stuart: as you saw scott walker from last night's debate taking direct aim at donald trump. he joins us from the reagan library in simi, california. i thought that cnn turned that debate into fight night. were you comfortable with the way they handled the debate? that's my first question. >> well, as i mentioned early on, i said let's actually talk about issues. there with as a lot about personalities early on, trying to pit one candidate against another. not how bad things were and your opponent. how to make america better, that's what i tried to get to.
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stuart: did you have a breakthrough moment or issue that you can tell us about now that you thought was your breakthrough moment? >> clearly it's the one you just played and others have played when we put the contrast out there. i pointed out look at mr. trump when he attacked whethabout. and we need a president in the white housement when barack obama ran he said all sorts of things that americans liked, he's never run in government before. we need somebody tested and we've got real plans like repealing obamacare and taking on big government labor unions. there's news out this week that the median income, the income of middle america, that has actually gone down 6 1/2% during the obama years. that was never featured last night in the debate. i don't think we ever got to that point. that was disappointing for lot of people.
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you couldn't break through on that, governor? >> well, it's one of those, you're right, a lot of personality questions. we thought they might ask us about income inequality because the left brings that up. i would love to point that out and point out what you just mentioned, income inequality has gone up under obama's policy. income is going down and you look at this and barack obama's policies have largely laid into that. who is going to take that on, hillary clinton? it's a plan to get government out of the way, not to grow government in washington. it starts with repealing obamacare on day one, to put patients and families back in charge of their health care. i am he' the wnl one to do that. i sign an order to make congress rule the same as everyone else does. you start doing that, you can
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regulate and lift everyone up. stuart: i feel a feeling from here on out, the issues and policy will take much more of a stage than donald trump. i got the feeling that last night was a turning point. do you have enough money to stay in and fight all the way through? >> we do. we're ready to go through iowa. for us it's about organization. we're getting down to the grass roots in a state like iowa, it's all about turnout. in a caucus state just about a few thousands votes will win that awe cause and it's for for us to be. we're committed throughout the campaign. when we win iowa. we'll do better. stuart: governor scott walker,
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did you get any sleep? hoy do you do it? >> i had some cheese curds so , and beer so i could be up with you. stuart: general motors will take a charge for the civil case tied to those ignition switches. this is just breaking. ashley: it's just breaking, it's kind of -- it's not total, the agreement doesn't cover all litigation against the company, but they say they're going to look at that charge. the claim was they knew about the defective ignition switches for over a decade and went so far as to hiding some details before they took action.
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stuart: now that we know the dollar amount, the stock goes up. a texas teenager arrested for making a clock. the teachers thought it was a homemade bomb. the teen was invited to the white house. >> would we not have someone like that in charge. >> mr. trump, i never attacked him on his looks and believe me, there's plenty of subject matter right there. ights. 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. so wi got a job!ews? i'll be programming at ge. oh i got a job too, at zazzies.
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(friends gasp) the app where you put fruit hats on animals? i love that! guys, i'll be writing code that helps machines communicate. (interrupting) i just zazzied you. (phone vibrates) look at it! (friends giggle) i can do dogs, hamsters, guinea pigs... you name it. i'm going to transform the way the world works. (proudly) i programmed that hat. and i can do casaba melons. i'll be helping turbines power cities. i put a turbine on a cat. (friends ooh and ahh) i can make hospitals run more efficiently... this isn't a competition!
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>> look what happens when a company in the future says verizon at 44. a 14-year-old teenager free, he was arrested for bringing a homemade clock into the school. listen to what he had to say. >> yes, everyone knows i'm the person that built a clock and got in trouble for it. thanks to my supporters on twitter, facebook, social media. thank you all for helping me, i never would have got this far if it wasn't for you guys. stuart: a lot of people are taking sides. there are two sides here so to speak. ashley you followed this. ashley: i have. barack obama himself tweeted cool clock, ahmed. want to bring it to the white house. mark zuckerberg of facebook says anytime you want to come by love to meet you. there are sides on this.
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some say this young man was a victim of islam-phobia. he showed up to school with what looked like a bomb, at least one of the teachers thought so and called police. the people on the other side said it has nothing to do with it, protocol. when something suspects something is not right, you think it's a bomb, you call the police. the police say we would have done this, there's a protocol and followed it and the mayor of the city agreed with the police. stuart: i'm interested in him invited to the white house, other youngsters and people in america involved in contentious situations, may have gotten a call, but haven't got a visit. ashley: the president says we should inspire more kids like you to like science. that's the president's take on this. stuart: 9:56 and change. the dow is down 4 as you might
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expect. and cnn last night's debate, i think they lost. you'll hear my take. and why does stein get an hour? simple, he's got a new book out and i am on the front page. ashley: that is do it. stuart: second hour of "varney & company" is two minutes away.
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i watch for the perfect moment.a the one nobody else sees. and when i find it- i go for it. (announcer) at scottrade, we share your passion for trading. that's why we give you the edge, with innovative charting and trading features, plus, powerful mobile apps so you're always connected, wherever you are. because at scottrade, our passion is to power yours. treated to the fed watchers are lining up, getting ready for the decision. four hours from now we will get some clarity or more confusion here at the migrant crisis in europe become a near riot on the hungary serbia border, police used tear gas. migrant now flooding into croatia.
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my opinion, europe at the breaking point. the second republican debate. cnn blew it. carly fiorina stood out from the crowd. dare i say trump is starting to wear a little thin. marc stein is here for the entire hour. he put me on the first page of this book so i put him on the show. this is going to be good "varney & company," our two starts now. ♪ >> rand polish and even beyond the stage. i'm concerned about having them in charge of nuclear weapons because i think his response, his visceral response to attack people on their appearance. i would never attack them on his luck and believe me there's plenty of subject matter like they are. >> mr. trump is a wonderful entertainer. he's been terrific.
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>> if i were watching this back and forth, i'd be inclined to turn it off. >> you've got hillary clinton to go to your wedding because he gave her money. >> i get along with everyone. stuart: trump got 44% of the questions directed at him. "the new york times" best-selling author mark styne. what is your assessment of the performance last night? >> he said he's starting to wear a little thin. to be an alternative to trump, you've got to be in the game. scott walker i think had less than half the time that trump did. >> he had the second least amount of time on the debate last night. stuart: i was on two screens last night. i got this thing here. i was in a loop. 45 minutes in, the people on the
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loop were sick and tired of trump. >> yeah, but most people don't watch it for the whole three hour. if you don't like trump come you got to have the alternative. last time people thought trump did badly last time and marco rubio one and john kasich one. nothing have been geared marco rubio in a hamster fell from six to three points. that is basically it. everyone except trump and carson should've been at at the kiddie table debate in the afternoon. stuart: person was in an last night. his whole approach of the laid-back nice guy. >> he actually took after his first answer. he flew up to canada and when the canadian election and came back for his closing statement. stuart: that was good. next one for you. donald trump blasted jeb's
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brother, george w. bush. listen to this. it's coming. it really is coming. >> your brother in your brother's administration gave us barack obama because it was such a the last three months at abraham lincoln couldn't have been elected. >> you know what come know what comments relates to my brother, one thing i know for sure, he kept us safe. i don't know if you remember. stuart: you are on dangerous ground when you criticized george w. bush in a roomful of conservatives. >> that is true, but in the wider world, on twitter there was this big thing, this guy jeb bush, is any relation to george bush? people are watching who don't know is george w. bush's brother. stuart: now come you can't be
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serious. that was not the overriding theme on twitter. >> it was a big cash to. by the way, he's not running on that. the bush administration didn't do the republican party any favors. it's a terrible thing to say in the reagan library when you are nancy reagan scares. whether it's true to the bother audience. stuart: marks to styen, you can say the entire hour. just look at this. can you say absolutely dead flat? i can. scoring one point. that is because at 2:00 this afternoon, there's a big decision from the federal reserve. are they or are they not going to raise interest rates. i want absolutely none of it.
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the market is taking a back seat here dead flat right now. onward and upward. cablevision be and not by european companies altice for more than $7 billion. the dough once was still on the knicks and rangers themselves on the sports teams. i guess sports fans are not real wildly happy about that. verizon cut their forecasts 3.5%. how about the price of oil spiked 6% yesterday, another 1% today 4768. the price of regular gasoline to a national average of 230. i live in new jersey. i pay $1.80 and i love it. hours away from the fed decision. joining us now entertainment. don't put me to sleep. i've got the snoring sound effect ready to go. >> that is the subject matter, not me.
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stuart: that is very good. if the federal reserve says we are raising rates a quarter-point to 2:00 this afternoon, how does the stock market closed at 4:00? >> at us test thing to say. the fed is ready to move yet in with a reversal of the move and commodity prices recently upward. stuart: commodities down, oil down in stocks probably down as low. >> i would imagine so. stuart: the other side of the coin, no change. we come out in the tea leaf readers say no change. how does the market change at 4:00? >> stocks around a little bit. the broader theme that the dollar would be weakening. you see the precious metals specifically commodity complex benefit in some other currencies
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possibly canadian dollar, other currencies affected by the stronger dollar recently maybe start to get his strength back. stuart: are you guys in the financial business like me kind of cheesed off about the federal reserve and its total lack of clarity? >> it is not as much an issue there is really reflective of the economy we are in. stuart: that is not the question. are you cheesed off at the federal reserve for all it's messing around. making a fortune out of this complete confusion. >> it's unfortunate that so much attention to the specific decisions and meetings. stuart: how many people in that audience will buy or sell apple or ge or any other stock based on the decision at 2:00 eastern time. >> people already made the decision. stuart: i'll tell you the truth. those investors could give a. they could care less.
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they don't trade on the fed. they don't do that. >> some people do, but the broad-based investor i don't think they do. stuart: i think we are in agreement. you might be back. andrew chanin, thank you for joining us. we appreciate it. ashley: wanted him to be mad at the fed. stuart: look at this. mark steyn, which you agree that is murderer's row. we will join neil cavuto, maria bartiromo and lou dobbs on murders row fox business. we start our coverage at 1:00. the migrant crisis in europe. video from the hungarian serbian border. police used tear gas, water cannon to control the crowd. mark steyn, i say that splits europe and ruin european unity. europe is done. >> there's a real difference
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between southeast europe, which didn't shot off half a century of communism in order to go down this road and what one might call northwestern europe or angela merkel, not so much the scandinavian have been incredibly indulgent in the invasion. >> i don't see how they could accommodate a million largely muslim largely young man in the country. >> there are no takers. what you see is what happened in scandinavia in particular where french neo-nationalist parties emergent parliaments as the strongest partners. there is a real split. the countries are not interest did the delusions of angela merkel. ashley: hungary has come under a lot of criticism for how they've handled it. they say look, we are trying to
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protect europe's christian culture. stuart: when if you heard that expression? ashley: their foreign minister said it. >> would never do in the constitution a decade ago and said we want something in the preamble about christian heritage, it is preposterous. at the hungarians feel in hungarian history they still remember that. stuart: we are glad you are on. save for the hour. general motors settled the lawsuit. the full story in case you missed it. >> general motors to pay a $9 million fine, all part of a criminal investigation into it delayed recall of defective ignition switches and more than 2.5 million cars and those led to more than 120 deaths. there is a news conference in two hours. gm shares are up 1%.
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as long as donald trump stays in the spotlight, any item with his name will likely be a hot seller. other items selling on sites like ebay and had me. even a website that sells old trump stock and bond certificates for hundreds of dollars. even though many hotels and casinos are bankrupt. imagine that. google's got a new name for google glass, fill it connect to eyewear. recently google hired engineers from amit on and they are working on the next model as well as other wearable devices. stuart: gorin, thank you indeed. let us help a president obama in office twice. will they do the same for donald trump? millennial salama master. the prompter had it all wrong.
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the prompter's fault believed me. up next after this commercial break. ♪ 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?
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stuart: dead flat. should be that way until 2:00 good than all kinds of things might have been. stay tuned. the price of gold and a couple bucks today. 1116 as the price of oil. donald trump number one. how does he read to my millennialist? joining us now is how the master. good to see you. >> thanks for having me. >> last time he said the millennialist who voted for obama were now switching to donald trump in 16. use of last night's debate. >> donald trump didn't do anything to hurt himself or anything to help himself. he was set by a wide margin. stuart: i was on the loop in one of these things watching the
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debate last night and the other people have turned off by 45 minutes then. they didn't like trump. they didn't like the backward and forward. there were a lot of millennialist in my loop. they didn't like trump. are you sure they will go for this guy? >> at this point they are. stuart: why? what is the bullet deal for millennialist? is a successful manned and they trusted the most of the economy. you have pundits out there and he didn't give specifics on economic policy or foreign policy but i think donald trump doesn't get into specifics because millennialist one understand specifics when it comes to foreign policy and the economy. they know he knows what to do to make america successful again. stuart: if the election were held tomorrow morning, what proportion, the twentysomethings
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of the world, book report would go to donald trump. >> over hillary clinton? stuart: yes. >> he could at least get 30% to 40%. stuart: that is a shock. >> i think a lot of millennialist like bernie sanders had to say. there's a lot of idealistic youth at american colleges in the six-year in: ernie sims are these voting for bernie sanders. >> i think it's true. i'm in talking to my peers about bernie sanders because a lot of them were on the hillary train and they are getting now for bernie sanders. when i said he's a self-described socialist they laugh it off and say he is a bunch of great ideas. it's interesting to see a few of my friends gravitating towards bernie sanders. stuart: if i said to you qe3, what does that mean?
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>> i know what it means but i guarantee most millennial stone. stuart: what does it mean? >> quantitative easing. stuart: don't does the man. i asked him. let's get back to last night's gop debate. i will play a clip from when the candidates discussed the iran deal. roll the tape. >> the reality is a bad deal on day one because the president has allowed iran to get closer and closer. the agreement was terrible. i've never seen anything like it. one of the worst contacts. >> unless and until he opens every military nuclear facility to anytime anywhere inspections by our people, not his, the united states of america will make it as difficult as possible to move money around the system. stuart: that was one of the few occasions when the issues were discussed with passion and
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detail. >> one of the more interesting reactions i'm not as john kasich was at the equivocation of whether he would repeal. that was in terms of the overall reaction on that page. that was one of the wackier reactions. stuart: ballot put kasich down in the polls. ashley: i don't think that's out well. stuart: to let trump make his point that he could negotiate the deal. >> he doesn't talk about the iran deal in foreign policy terms. he talks about it like knowing when to get out of the business in atlantic city. in a strange way, given the disaster of american day, approaching it like a casino may not be any worse.
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>> the idea of competence and the ability to to negotiate and stand firm. that's a strong point. you're kind of a trump supporter, aren't you? >> no. the system has not worked for conservatives. the fact of the matter and you know from your place of birth that you have six-week election campaigns. canada has gone to an 11 week election campaign and it was awful, too long. who could maintain interest. america has a three-year election process. if you've got scott walker for three years, no disrespect to your previous guest, you've got to do something interesting. christopher hitchens had a great life. politics is show business for ugly people. he is essentially hijacked the system.
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stuart: you are alright, no matter what you say. the real loser last night. cnn tried to make it fight night and i think they lost. is it our insightful strategies that make edward jones one of the country's biggest financial services firms? or 13,000 financial advisors who say thank you? it's why edward jones is the big company that doesn't act that way. the has unlimited access is thatto information,tion no matter where they are. the microsoft cloud gives our team the power to instantly deliver critical information to people, whenever they need it. here at accuweather, we get up to 10 billion data requests every day. the cloud allows us to scale up so we can handle that volume. we can help keep people safe; and to us that feels really good.
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at ally bank no branches equalsit'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.
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stuart: carly fiorina firing back at donald trump at the comments about her face here it was the highlight of the evening. this is a political season unlike anything we've seen before. antiestablishment candidates leading the pack. "the wall street journal" says it's all thanks to president obama appeared here to make his case at 10:45 on this are grand. how many people turned the debate off last night after the first half hour or 45 minutes?
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a lot of people did and i blame cnn. from the get-go, the moderator deliberately started a series of fights. it was obvious cnn wanted ratings and a thought-provoking donald trump would do the trick. it worked out first. trump and after rand paul said he shouldn't be on the stage. then he told george pataki he couldn't get elected dog catcher. it became almost childish. instead of getting a grip, cnn moscow control. a half-hour in, john kasich tried to rescue cnn. he told the moderator if he were a viewer he would've turned off by now. it just didn't work. the questioners kept trying to provoke a fight between candidates. ideology was involved. cnn was trying to help democrat friends. cnn thinks infighting among republicans is good for the left. they kept hitting one candidate against another, everyone against trump and it went on for
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three hours. i was another ratings play. cnn needs an audience badly so they prolonged the show as long as possible. this morning looking back america was again presented with the republican party. surely a half dozen people who are presidential material. cnn did its best to make a fight night, a political cage wrestling and in doing so did a disservice to the voters. i think they did it to get ratings and promote democrat friends. at the end of the day they look like what they are. the clinton news network. [ 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.
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. stuart: new aerial video of that 8.3 magnitude quake that hit chille, strong aftershocks hitting the country, massive
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waves slammed into the shoreline, at least eight people were killed and listen to this. more than a million forced to evacuate their homes. that video just coming into us. check the big board, please, we are down 14 points, again, i'll say it. debt flat on the vance of the decision interest rate. and rite-aid, you know that company, they've cut their forecast, when you do that, the stock goes down, down 9%. seventy-seven dollars on rite-aid. look at under armour. a new all-time high for that stock. they sponsor some of the big names in sports and have some terrific commercials, they keep going up. 104 on under arm h under armour. and we're going to focus on the exchange between donald trump and carly fiorina about her face. watch that. >> you know, it's interesting to me mr. trump said he heard mr. bush clearly in what bush said. i think women all over this country heard very clearly
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what trump is. stuart: look who is here, tamara, she is a democrat, represents the left on frequent occasions, she is female and saw last night fiorina win. did she. >> i thought she didn't an amazing job. stuart: i thought you were going to say that. >> but that's because i'm pro women not pro left. stuart: do you oppose her points of view. >> yeah. because she's a republican. stuart: so you're supporting and she had good responses and that's it. >> liberals are great people because we don't have to think about the big issues. . stuart: what do you mean by that. >> we support women and pretty women, successful women. be. >> carly's response to that is that women are not an identity group, they're more half the country. >> that's true. she did say that. however, -- here's my biggest issue with the right and with that panel.
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they all had the same exact answers except for a little bit of swing here and there. but i have a huge problem with somebody who, unfortunately, lost their child to drug abuse and says that marijuana and drugs should still be criminalized and that it's such a bad thing. we have moved in this state. now, remember. stuart: i don't get that. >> if these people are pro state, why are they against legalization of marijuana in the states? . stuart: i don't see how this was brought up? >> it was a huge issue. stuart: last night publicly she had lost a child to addiction, which was quite an announcement to make in the middle of a debate. how do you get from this to her feelings about marijuana. >> because she -- stuart: is there a contradiction do you think. >> well, yeah. yes and no. i don't think marijuana is a gateway drug and colorado and washington have proved that marijuana is not a gateway drug. you don't see an up particular in people going into rehab
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because they're using marijuana over alcohol abuse. unfortunately, people who are addicts are going to get hooked on something. they usually start with alcohol not marijuana. >> but, tamara, carly fiorina's remark will resonate, for example, in the first primary, state new hampshire where i live. in the years i've been living there, people whose fathers and their parents and grandparents worked in millions, and farms, that state is hollowed out by heroin and meth. and there are a lot of -- it's an amazing number of people just in a nothing little town like manchester, new hampshire, which is the biggest so-called city in new hampshire who are in carly fiorina's position where they've lost a child to this thing. that does resonate on a whole level. >> it resonates not just in new hampshire or vermont, it resonates across this entire country when drugs are coming in from afghanistan and mexico seriously addictive drugs.
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>> don't blame the afghans and mexicans. it's american appetites. and method, by the way, -- >> it doesn't start with marijuana and the whole debate, unfortunately, was about marijuana being a gateway drug, and it should be criminalized. the fed should still prosecute, even if the states make it legal. there was -- i believe heroin and meth was not said once on that panel. all about marijuana. . stuart: okay. i want to move on to planned parenthood because that was also an issue last night and out it came in full force in the debate. listen to what carly fiorina said about it in the debate. >> life is a gift from god and from beginning to end, we need to respect it and err on the side of life. so i defunded planned parenthood. >> heartlessly battering and selling the body parts of human beings and then ask yourself are these my values? these are horrifying. >> this is about the character of our nation. and if we will not stand up
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and force president obama to veto this bill, shame on us. stuart: all right. what do you think of that? that was carly fiorina injecting real passion into the planned parenthood debate and you've got your arms crossed and shaking your head. >> because this really particulars me off. stuart: why? >> planned parenthood was investigated for months, they were not selling body parts and for a candidate to go on and say factually say something incorrect, not my person opinion, i'm a lawyer, it's a disservice to america. so if you're going to say something, make sure that it's factually correct. planned parenthood. stuart: she was referring to those videos, those videos showed people describing how to crush a fetus so that you could harvest the body parts. >> cut and pasted. stuart: they said it. >> they did not say this. there was -- stuart: i'm sorry, tamara, you
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can get away with everything but you can't make up your own facts. listen to me. on those videos, you could see. >> yeah. stuart: that woman talking about. >> there was no editing. >> that wasn't editing. >> don't yell at me, stuart, it's factually incorrect. stuart: it is not. >> 30 times their own investigation into this, stuart. >> tamara, look. planned parenthood aborts more babies than canada, germany, and france combined. now, why can't people who are pro-choice support, say, the abortion regime of most european countries where it's first trimester abortion? this thing where full term babies are being delivered and harvested for body parts -- >> that is a lie. you're lying. it is a lie. they're not harvesting baby body parts. >> so who are these people talking about preserving the head?
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>> it is illegal and planned parenthood federal use of money does not go into abortions at all. it is factually incorrect for you to say that. >> that's the distinction without the difference. why when you've got a multinational abortion -- when you've got essentially the microsoft of abortion, why do they need half a billion dollars in federal funding at all? >> because they're doing services or providing services and educational services to poor women across this country. 150% below the poverty line these women used plant paranoid hood. stuart: moving on? >> deep breath. stuart: i seem to have control of this set. quite extraordinary. hillary clinton let's not forget hillary clinton. she joined jimmy fallon last night. i'm going to show you a clip where she jokingly discussed her e-mails. >> the most significant one that has come to life because, you know, this was a really important issue. >> yeah.
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>> and it -- i had to talk about it on the e-mail. and that was i was asked if i could get into israel in order for it to be used for pass over. >> okay. i'm not going to yell about hillary clinton and debate her because i think she's -- you ask me this every time. she's on the border. stuart: on the border being toast. >> yes. stuart: okay. mark? >> i think so. i think if she -- this is the second joke hillary clinton has told in public. if i were her highly priced consultants and reminders, i would caution. there will be a constitutional amendment forbidding anybody telling jokes. stuart: it was a slickly produced piece she did withan jimmy fallon. it was kind of funny, it was okay. but it doesn't bail her
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out of the problem, does it. >> no. and this is part of the strategy to make her likable after she's not liked . stuart: you don't think it worked? >> too forced. >> out of all the places you're going, you're going on jimmy fallon? >> i think in the strange way the scandal is -- with the e-mails, is distracting from her awfulness as a candidate. in other words, if there were no e-mail scandal and you just watched her staggering around iowa and new hampshire, she'd still be in a huge heap of trouble here, wouldn't she? >> i don't think so. i think the real reason people are losing faith in her -- why that grin? it's very dangerous. i don't know what's going on through your mind but it's scaring me. no, because she's -- everybody says that she believes she's not trustworthy. why? because of the e-mail scandal. she didn't have the e-mail scandal, i think she would have a better platform and easier way. >> but democrats love bernie, even before this whole bernie sanders, even before this
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whole e-mail thing got going. >> i don't think a lot of democrats knew who he was. stuart: are you a bernie sanders supporter? >> i like him. he's not my favorite. i can't see him sitting across from putin trying to negotiat. stuart: but you're okay with 90% tax rate. >> i think we should take all your money and give it to planned parenthood. stuart: you're okay with 90% tax rates. >> no. i think it's ridiculous. stuart: 50%? >> no. stuart: well, that's where we are now. >> i know. stuart: how much lower? what do you think is a reasonable tax rate? >> i think one third is a good number for everything. >> she's a republican. stuart: you are a republican. >> one third. one third of a referral fee. stuart: yes. >> i don't know. stuart: i've never heard a democrat say one third is all we want. >> you're part of the problem. you're 60 points off of that number. that's the billionaire class. >> i wish i had a billion. stuart: yeah, so do i.
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tamara, time's up. thank you very much. >> thank you. stuart: time for the sector report. cheryl, where are you, and what are you watching. >> well, i'm lurking behind you, mr. varney and been talking about this bad decision, your favorite topic. but here's all the sectors watching to see how they're going to perform, energy is the one i want to point out to you guys because that's going to be crucial. if the fed rate hikes you know i think they will, stuart, that's going to be my opinion, we're going to get a quarter jump today, i think these are the names you're going to want to watch right now. if they raise interest rates and then the dollar strength generals, that means the oil prices go down and all these guys, exxon, chevron with they're all going to be hit. that is my opinion, i will to leave there and send it back to you. neil: thank you very much. we will bear that opinion in mind when we have our federal fed coverage that starts at 1:00 eastern time today. neil, maria, lou, myself will be covering it live 1:00 all the way through.
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you can't miss that. we've been on a wild ride and dan says we can thank president obama for all the excitement. he is up next. markstein, got a new book out. i am featured on the very first page. that's why he is on the program for the entire hour. i'm giving him my entire show. >> that's right. tamara went wrong. stuart: write and book and put me in it. "varney & company" more aftereca this erm. 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.
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>> i'm nicole petallides with your fox business brief. stocks are going nowhere fast. despite being higher for the weekend, the month, topped waiting on the fed. the dow jones average down 4.5 points when i'm the s&p up and the nasdaq up 8. taking a look at at some of the movers, take a look at boeing, very small moves, about half a percent to the upside, verizon single-handedly responsible for taking down the sector, lookinga earnings outlook that could pla tow, and that's one reason why you're seeing that stock down over 3% today. other names under pressure, ge and caterpillar, the bank stocks all just slightly lower ahead, 2:00 p.m. we'll be covering that on fox business and cable sorg to new highs as there was news of the takeover of the company. 15% right now. 5:00 a.m. every day we kick it off breaking news here at the td ameritrade trader group, they work all the time. sup jj? working hard?
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stuart: the wall street journal today dan writes his usual piece, every thursday and he says president obama created the situation where donald trump and bernie sanders become relevant to the political debate. dan is here. explain yourself. >> well, i think there is an air of madness in our politics
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right now, people have just gotten fed up and part of the is -- look, one of the purposes of politics is to serve as a release valve for people's emotions. we fight over things and we need to be able to do politics rather than fight in the streets. stuart: that's true. >> and president obama has been an antipolitical president. he does not like to do politics. he will not do business with the congress, he blames them for all of his problems, but then he walks away from them so the congress has nowhere to go. people sitting out there and saying why doesn't it work because barack obama doesn't have any interested in making it word, we've got a bad economy, and a disordered world that his have a lot to do with obama's foreign polic. stuart: we have news this morning that the media income has gone from 57,000 to what 54,000?
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it's down 6.5% in the obama years. this wasn't brought up in the debate last night. it wasn't even mentioned. it should have been front and center. and of course president obama doesn't bring it up. he says we're in the middle of a great recovery. so you can understand. >> great recovery? . stuart: he doesn't use the word great. satisfactory, is that the word he uses? >> the first one was -- >> the fox poll about six months ago founded most of the respondents felt united states was in a recession. it was in 2009, it doesn't feel like that that most people. they feel that they're weak economy and they're and upset angry. stuart: and donald trump goes on air with a hat that reads make greater again and bernie sanders says they should pay for this mess. you go to the extremes because president obama is avoiding everything of relevance in the center. >> yeah. and the republicans reacting.
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remember that great line from the 1976 movie network where anchorman goes through this whole compendium of bad stuff and goes i'm mad as smelly i'm not going to take it anymore. stuart: exactly. we're in that situation. >> that's what it feels like right now. when you say it's mad, isn't the real madness, you talk about that median income, if you're born in the bottom 20% now, less than most of the other oecd nations and then you're told that the choice for you at election time, which is when you have your voice is going to be the wife of the former president and the brother and son of the former president. what? isn't that the real madness in an america of declining social mobility. >> that is a big part of the problem, mark. i think that despite the fact that you seem to have a lot of energy in the public right now, i think you can have very low turnout in this election. the washington post had a remarkable piece a couple of
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months ago, and i wish they talked to black americans whop voted for obama. and one woman said i'm not sure what the point is of voting, we got our hopes so high and nothing has changed. stuart: thank you. good stuff. fox business blake berman up all night here to wrap it up coming up in a moment. and chair of the financial services stock committee. he says our financial markets are becoming increasingly dependent on the unelected bureaucrats at the federal reverse. he'll be here to make his case assistant manager mean this morning on this program
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and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call unitedhealthcare today. stuart: it is that time when we talk about mark steyn's book. it is called a disgrace to the profession. an interview i did with actor and environmentalist is quoted on the first page of mark's booker. so here's a clip from that interview back in 2009. >> if you walk out the americans right into a private house. >> nobody is going to come into your house. >> the kind of lightbulb. >> is what is an easy bake oven. >> why do you -- >> a lightbulb is -- >> why do you want to push me around? >> to have --
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>> you're spewing your nonsense here yet again. >> nonsense? . stuart: i had a lot more fire back then, didn't i? >> where had that guy -- he said on that show pay no attention. don't get your information on science from people a lot from stuart varney, look at what ph.d. is saying and that started me on my book, i look to what real scientists have to do with the -- stuart: that is grace to the profession. i'm going to read it. thank you very much, mark. >> always a pleasure. >> well, the second gop debate aired last night but who were the winners and who might have lost and ground. blake berman was at the debate and recap pretty interesting but, oh, so long night. what's the verdict. >> yeah. three hours of it, ashley. it was clearly a very good night for carly fiorina. this was her first time on the main debate stage. she was able to introduce herself to a lot of voters who might b not have seen her before.
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she clearly did that and also was expected to launch into several attacks on donald trump. she did that as well. it was also a very good final hour for jeb bush, so much so that he even received a little bit of laughter from donald trump when jeb but she was asked what he would want his secret service code name to be, he said it would be ever ready because he's high energy, trump even laughed at that and gave him a low five as well. and the ones to talk about were trump, bush, and fiorina. and this was a long debate. three hours. so a lot of it might come down to when exactly people tuned in and for how long. ashley. >> yeah. if you stayed for the whole three hours, congratulations it wasn't easy but great job, blake berman. out in california. hour three of varney is coming up next it's more than the cloud.
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stuart: a new cottage industry has emerged, and it employs thousands of highly paid people. it is the fed watching business, and i don't like it. they are in high gear right now, they've been building up to the big announcement today with a constant stream of analysis. insight, and pure speculation. i think it's a turnoff. i don't blame the fed watchers, they're just exploiting a business opportunity. i blame the federal reserve itself. they created this opportunity. ben and janet promised transparency. they would answer questions directly from the media, they would issue a clearer statement of intent. transparency? we've been given anything but. instead of clarity, we've been given a stream of contradictory statements, and an obscure document, which nobody understands instead of straight forward answers to media questions, we're given a fed chair who struggles to say nothing.
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and here comes hoards of tea leaf readers. what's the meaning of that word? does that sentence imply rates up or rates down? did she really mean that or was that raised eyebrow a fake out? it would be almost laughable if it weren't so ridiculous. monetary policy is a mess. we've been printing money and shelling it out for free year after year and it's the federal reserve that has done it. you would think in this situation they would make a clear statement of what they're going to do about it. dream on. all we'll get is confusion and that sets up the handsomely paid fed watching industry to act as interpreter. what a turn off. no wonder wall street is so unpopular. ♪ ♪ ♪ . stuart: i think i made my point and if i need any help making that point, there is this. it's from congressman scott. chair of the subcommittee on
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capital market. here is the quote. as the ridiculous amount of intention on this week's meeting proves the performance of our economy and the financial markets is increasingly dependent on a group of unelected bureaucrats at the federal reserve. congressman garrett is my congressman, and he will join us a half hour from now. that will be 11:30 eastern. all right. to the markets as we said all morning dead flat and this will not change until 2:00 p.m. eastern time. that's when we hear from the fed. that's when we may see some movement. the price of oil stuck around $47 a barrel. up a cent. as for the price of gold, just ove 1,100 an ounce. and the fellowship of financial group. all right, michael, you know what's coming, don't you? >> of course. . stuart: now, here's my question. you know what's coming here. >> yeah. stuart: at 2:00 eastern, we're going to hear from the federal reserve. we'll be looking on raising rates. okay. at the end of the day
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4:00 eastern time this afternoon if the fed has raised rates, are stocks up or down? >> i think either way, stuart, we're going to see volatility. my sense is that we're not going to see a -- stuart: michael. michael. i know we're going to see volatility. i want to know. if the fed raises interest rates, what happens to stocks at 4:00 this afternoon? articulate has, well, i think we're going to see a decline in the market by the close of business today. snooze my cent. stuart: okay. now, let's suppose that interest rates are left unchanged. i know it will be very difficult to figure out exactly what's happening here. but if they leave them unchanged at 4:00 this afternoon is the market up or down? >> market's down. stuart: market's down. so that's interesting. you're saying we're going to get the market go down no matter what happens from the federal reserve at textbook mean. >> that's right. stuart: is that correct. >> that's right. stuart: why? i don't get it. >> well, look, i think the
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markets have a -- we've got a fed addiction, you referenced it a moment ago and the treason i don't think -- we're going to see the volatility either way. i think it's more volatility on the downside because there is a tremendous amount of uncertainty. you look at the economy, and it's -- it's not as beautiful as we're trying to make it look. we are the cleanest, dirty shirt on the global laundry bask. but look at things like labor. the fed should look at labor as an, you know, and that's one part of their mandate and one thing that he is very important. right now we've got a 62% labor participation rate. that's the lowest in two decades. stuart: and we've got a decline in median income. last question. >> yeah. stuart: i'm reading through the lines of what you're saying here. sounds to me that you think we're close to a top for the market, and it's down from here. is that accurate. >> yes. absolutely. we've already seen the top. i think we saw it a few months back, and i think investors
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need to be very cautious at this point. stuart: you see that's what we want. we want a clean, cut statement and you gave it to us. that was good. thank you very much indeed. >> great to be here. stuart: that was good, and we appreciate it. thank you, michael. >> thank you. stuart: two hours from now. special coverage featuring the -- we say this a lot. the murderers road, neil, lou dobbs, maria, and myself starting at 1:00 p.m. eastern. let's get to the debate. p. if it showed anything is that the fox debate was much better of the two. that's my opinion. and the guy who hosted the first debate on fox. i'm sure you're going to agree with me, this is my chance to bash my old employer, i don't think cnn did a very good job quite frankly. i don't. >> well, stuart, let me start by saying i'm going to be clean cut with these answers and very direct. cnn blew it. 11 people up on that stage and
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i think the big winner of the night, stuart, was the bell or the buzzer. because having to say -- thank you, senator, thank you, governor, thank you, senator, it just got, you know, cumbersome. and 11 people is huge. we had 10 if you remember on that stage. stuart: yeah. >> i think you can do this format of pitting candidates together against each other on different things that they said, but it's really difficult to do with 11 peopl. stuart: you're a diplomat, brett, but they went -- they wanted to make it a cage fight. they wanted it to be a brawl. that's why they asked all these questions. he said this to you last week. you said that. and off they go. they wanted that i think. >> yeah. of course they did. and there was a balance problem because the front-end of the debate seemed to focus exclusively on donald trump. i mean it was all trump all the time. to the point where in order to make up at least some of the disparity between time and trump had on by far the most
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time, the back end of the debate they couldn't ask him any questions. >> right. >> so it became this seesaw thing that was a little strange. stuart: listen to this exchange between jeb bush and donald trump. >> your brother. and your brother's administration gave us barack obama because it was such a disaster those last three months that abraham lincoln couldn't have been elected. >> you know what? as it relates to my brother, there's one thing i know for sure. he kept us safe. i don't know if you remember. stuart: please note the applause there. we've been saying all morning i don't think that was one of donald trump's better moments. what do you think? >> maybe not in that hole. but remember you're in the reagan library and jeb bush's father was reagan's vice president and eventually president. i think that, you know, george w bush, his ratings have gone up significantly since leaving office but for a big part of the republican base, there
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were some real problems with george w bush and you can't forget that and the dynamic. i don't think, stuart, that donald trump did anything that killed his candidacy, i don't think you're going to see a drop in his poll numbers. i think that, you know, other people had big moments. donald trump just didn't have the best of moments in that debate. stuart: here's my -- i'm going to sum it up like this. the debate you chaired was entertaining, and i think it brought people into the idea of and issues politics. i think it was a winner, clear-cut on that basis. last night i thought it was very different, far too long and put a lot of people off. that's my opinion. you have 10 seconds what do you think. >> it was long. it was hot, it looked like at the beginning and they were all sweating, the air conditioning needed to be turned up and by the end of the debate to ask your favorite secret service name, it felt like it dragged on. so i agree with you and most people do on social media. stuart: okay. brett.
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always a pleasure. thank you very much for joining us. >> we'll see you . stuart: and carson is here. i'm going to play another clip of an exchange between donald trump, again, didn't look that good. just roll that tape. >> it's interesting to me mr. trump said he heard mr. bush very clearly in what mr. bush said. i think women all over this country heard very clearly what trump said. stuart: was that the line of the night? >> it was the line of the wait and it was the way in which it was delivered, she didn't look at him, she looked back out to the audience as if to say. when you look on social media, carly fiorina had two of the top debate moments twitter. when she talked about planned parenthood, which is incredibly effective, she talked about the feet kicking and a knock at hillary clinton. and then when she responded with that right there, that was the number one trending on twitter.
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the most retweeted statement, though, was from jeb bush where he said sorry, mom. stuart: that's right he said that as a youngster he had smoked marijuana and he was kind of embarrassed. >> he tried at other people on the stage saying maybe you don't want to admit to it but i'm going to and sorry, mom. stuart: he went to the camera and said sorry, mom. a lot of people are saying carly fiorina won last night would you agree with that. >> and marco rubio in my mind was second but i thought marco rubio did fantastic last time and he didn't go anywhere in the polls. but he's so knowledgeable, he's amazing order. that he is one thing that came to my mind, this guy knows his facts and he knows how to tal. stuart: but he doesn't go anywhere in the polls. doesn't have traction. >> we'll see now because i also feel that this hurt ben carson and donald trump because it was really parent last night that he does not have a grasp of all the
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details like i hate to say it but all the politicians do and i know we live in the era that we want the nonpolitician and i understand that and i applaud it but you could tell the people who knew the facts and those who didn't. >> well, what about the jeb bush who was going into this being told this is your moment because you are low energy you need to step it up. do you think he showed that? >> i think he was the energier bunny. i think it was good to have them next to each other. i don't know, again, if he's going to resonate. >> he's not a great speaker. >> much more of an educator to me. and the name bush, i don't know if he can get there. stuart: you make fair points. we don't know until the early polls come out probably early part of next week. we'll see. thank you very much. stay there. >> i'm not going anywhere. stuart: you didn't put me on the front page of your book but no one else you are here.
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and next the crisis in europe, the migrant crisis is a better word. the hungary serbia border. tear gas, we'll bring you the latest on the crisis. next
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stuart: whoa look at cable vision. they're being bought by a european company for more than $7 billion. that, $32 a share, new high and look at this, please. under armour, that is a new all-time high for the stock, 104 today. no specific news on it. new high. we've got news on uber, accusations that their surge pricing, that's when the prices go up at peek times. the accusation is that surge price may not be equal for everyone. jo ling content following this. >> well, the head of the group very smart, very well connected in the tech and global scene here, and he said heard from goldman employee,
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do you remember goldman? . stuart: yes. >> an investor in uber, on individual customer history slash propensity to pay. #smart, smart insidious. so i reached out to uber and they said this is not true. it is absolutely the same and they say that it is for demand and zones where we a lot of people are trying to get a ride at the same time. the goal and everyone who wants a ride can get one within minutes. stuart: i'm sorry go ahead. >> this is the bottom line here. uber worth $51 billion; right? this is one of the most important private companies out there that could go public. sometime soon. but uber facing lots of scrutiny how they treat their customers, drivers, the type of employees, the legal status, and yet another question. but uber coming out talking directly to us and saying this
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is not the case. stuart: no discriminatory pricing in these surge price. >> not case. >> yeah. but sometimes accusations fames you. it doesn't matter what they say. stuart: yeah. the dirt sticks. >> did you download your app yet for? . stuart: yes, i got it. >> well, done, stuart. >> good job. stuart: i haven't used it yet. but i downloaded it. >> the truth comes out. you're busted. >> you did it without me. stuart: i'm sorry. i did. and to the markets. get out of this. 23 points higher for the dow jones industrial average. that's where we are now. don't expect a great deal of change until 2:00 eastern when we find out what the fed are up to with interest rates. now, next case. the unfolding humanitarian crisis in europe. earlier today i spoke to ralph peters about the influx of migrants into europe. listen to what he had to say. >> we have reached a putin where vladimir putin is
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looking to do more about sear qua, not all good or bad like we are. we have been crowded out of the middle east by putin, by the iranians, and by islamic state. . stuart: all right. we now have news that the croatian president may be sending troops to the border. fox news national security analyst a little bit of background about that about the croatian president there repelled at the hungarian border, are those now in croatia and the croatian president says he's going to marshal his troops to get them out, and it seems to me like europe is crumbling, it's gone. what do you say. >> you're absolutely right. this is going to threaten the entire european union because the concept of it was we're going to take down our borders, we're going to have a common currency is that people and commerce and trade can all flow between the european countries. now what you're seeing it's
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ain't refuge crisis, it's an invasion. and way more than a million, maybe as many as 10 million refugees who are coming from north africa, the middle east even as far away as afghanistan because in part then a better life and if you look at those populations, the majority of them are males 18 to 35. that's going to be a problem. they're going to europe where theres no jobs, european countries where they're already hard stretched to meet budgets and security issue. even if it's 1% of a million you're talking about people who could potentially cause and recruit jihaddist extremists in europe. stuart: yeah. >> listen, stuart, we're hearing reports that that there are groups of these migrants breaking through and heading down railroad tracks. croatia said if you come here, you have to report otherwise we will treat you as an illegal alien and arrest you.
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stuart: ashley just got the news that the migrants are breaking thank and excuse lines. >> and heading down railroad tracks, which is how they travel in many cases. stuart: what's like that endgame. >> well, that's why this is an invasion. the european countries are going to break apart and the european union is not going to stick together. it may have survived the economic crises over the greek debt, but it didn't solve it. and a lot of countries in europe look to germany and say this is all your fault and now they're looking to germany saying this is your fault too. you said, please, come to germany, we'll welcome you in and as a result hundreds of thousands, millions of refugees are trying to get to germany where they think there are going to be jobs, they think they're going to be well treated and benefits. and in those roots they say not here, not us, we can't afford you, we don't want you so the whole premise is sticking together is now one big question mark and people in the countries they don't have military, they don't have border guards so they've got
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to all scramble to figure out how to i keep my country. stuart: it's an extraordinary story. i see no end in sight to those to the continuing crisis peppered it's a terrible crisis. >> yeah. as he went we appreciate you being here. thank you. >> thank you. stuart: next case. one teenager. he builds a clock, now he's caught the attention of the president of the united states of america. back in a second you can't breathed. through your nose. suddenly, you're a mouthbreather. a mouthbreather! how can anyone sleep like that?
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stuart: pretty much dead flat but up 18. points at 16,758. price of gasoline, don't you love it? all the way down to 2.30, that is your national average for regular today. >> yippee. stuart: a 14-year-old muslim teenager is free, he had been arrested for bringing a homemade clock into school. teachers thought it might be a bomb. listen to what he had to say. >> i'm the person who knows i built the clock and got in trouble for it. thank you for all my supporters on social media. i wouldn't have gotten this far if it wasn't for you guys . stuart: that young man has been invited to the white house. what do you think of that? >> well, not every kid is invited to the white house. it just depends if you fit into president obama's agenda. i'm not taking anything away
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from the be accomplishments of this child. obviously a smart kid, this is the kind of kid we want in our schools who is excelling in science and technology and won a bunch of competitions. however, i didn't see the president inviting the little girl who started a campaign across the country to write thank you letters to our police officers across the country. she was not invited. didn't fit the agenda. there was a kid who also got thrown out of school or suspended because he wore a united states flag t-shirt to school. he wasn't invited to the white house. . stuart: so what do you think the agenda is? that the president is defending? >> i think his agenda on the way in which muslim americans thrive or not in our country. stuart: i think you're right and the young man goes to the white house very soon; right? >> next month. >> october 19th. astronomy night. stuart: will he bring his clock with him? >> yeah. he's been invited to bringing his clock. again, nothing against his accomplishment. >> hopefully the secret service doesn't arrest him when he tries to bring it in. stuart: here's what happens
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stuart: don't expect much change
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in stock prices until 2:00 when the fed releases its decision on interest rates. the price of oil, don't expect much change until 2:00. we are down 11 cents. 47 bucks a barrel. do expect change every day. they've cut their forecast and the stock is down 10%. oracle's sales fall hurt by a strong dollar down 3.5%. big-name stock down. and not deal them and fed at the federal reserve. my next guest isn't much of a fan either. the subcommittee chair, scott garrett. mr. congressman, good to have you with us. >> good to be with you. happy constitution day. stuart: thank you very much indeed. >> i'm sure you're celebrating. >> i am actually appear this is america. stuart: you are just checking on me.
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>> didn't get the invite to the party. stuart: we put on the air earlier statement from you by your frustration with the federal reserve, i'm elected bureaucrats and things around in our financial market. i don't think you want to abolish the federal reserve, but i think you want transparency like everybody else. >> you mentioned we have a 2:00 announcement that the fed and that illustrates to us all to well that you have unaccountable group of insiders having more influence on the economy than they really should. more americans should be not-too-distant to watch what they're doing. they should be tuned in to let the markets are doing and what the fundamental fire. and so we turn that around, we had the wrong situation.
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stuart: do you think the fed should raise rates this afternoon? >> cannot wouldn't make a prediction on what they will or won't be doing. they put themselves into a difficult situation now. anytime they talk about raising rates, any day that could potentially begin the upward decline that will begin the process of piercing the bubble they create in the first place. stuart: i don't see any way around the problem. we have interested zero for several years. i don't see how we get out of this. >> fundamentally is to go back to the original question, what to do about the fed. the problems i guess are threefold. first of all they operate on a system that is not data driven, does not have a matrix based. secondly, the power has grown tremendously and it puts them into a complex situation on the theory of monetary policy.
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you have an overreaching, overarching things on stock and fsb, great conflict internally and also undermines our free-market capitalist system in the country. stuart: you wouldn't abolish the fed? >> would make changes. use the word at the beginning and that is transparency. the other one before as far as data driven and rule of law driven. we just came out here in dodd-frank and that the law. >> i would abolish that one. dodd-frank is just a comment and opinion. congressman scott garrett, you are my congressman and i appreciate you being here. again, the fed decision at 2:00 eastern time. maybe traders beginning to speculate what is coming down the pipe. jeff flock on the floor of the cme. what are you hearing? >> this is what they do.
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this is the most heavily attended. at the cme, this is the european version of the fed fund futures are u.s. traders speculate. take a look at the fed funds options. right now. you can see what is happening here. not a whole lot of activity. since we've had zero interest rates, the volume has gone from 9.5 million contracts to 200,000 contracts. what this contract is telling us, even though it is lightly traded is about two thirds% chance the fed will move 25 basis points. two thirds% chance. stuart: it is very quiet now. we can hear everything you say. at 2:00 i think things will change rather dramatically. jeff flock, -- keep it here all day, everyone.
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in-depth coverage with an all-star lineup including myself. >> you've never been ashamed. we start a 1:00. charlie was on the show yesterday. he appeals to donors last night's debate. to the hunger games. a pretty good track. charlie gasparino is backward that donald trump have. i love your language. as >> i. ashley madison. thank you very much. stuart: welcome everyone, charlie gasparino. >> ashley madison. stuart: i think you are right it's a scramble for money and
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the second-tier candidates are in a tricky position because the money runs out. >> it was kind of a hunger games from the standpoint of 90s to translate because marco rubio is considered a top-tier candidate is having a hard time raising money. scott walker again considered a top-tier candidate. jeff has raised 120 million but still he has the money problems, too. this is standing out at donald trump. stuart: get to it. who stood out, who did not see him now? >> carly fiorina stood out. donald trump in carly fiorina if you watch the debate are the two best retail politicians there. this is a warning sign for donald. he's going to have to bone up on the issues and transfer that energy he has an immigration and other issues he likes to talk about common transferring the energy and too much for detailed stuff on foreign policy.
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>> even if he had a few details. train to on the basis of last nights debate,, who runs out? is he going to get any more money? >> u.s. anthony because scott walker is a real estate guy and they will say that's a long ways. they are scared to death right now that their candidates -- those two guys will not raise money. you said earlier you thought rubio did well. >> u.s. back into carly fiorina. >> he didn't do well enough. maybe i'm wrong. karl rove is a better analyst. i was with a bunch of rubio guys and a lot of republicans come in new york state republicans had a party and we weren't that drunk just yet when everybody was being rubio sounds good but it just wasn't.
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stuart: what about ben carson? not the winner. i want to know who was going to drop out. >> i just talked to people and what people tell me they think scott walker and rubio could drop out of some point. the >> what about the city debate, with they go first? we parody written them off? >> i like church attack you personally. >> i think the second-tier candidates don't have any traction. lindsey graham, just take that out. people on stage of the best shot and rubio and walker -- i don't know how the raise money. jeb still as good types on wall street and it's got the advantage of raising, but is so low energy. train to let ben carson. we got an answer out of you eventually. in a moment, i will ask the same
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question. who has run out of money? back in a moment. active managemn 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.
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but it is not the device mobithat is mobile, it is you. >> six of their fox business brief. investors and people around the world wait to hear what the fed will decide this afternoon. right now the dallas had 20 points paid 16,759.
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the nasdaq up one quarter of 1%. again, very small move today as a from janet yellen. the policy and economic forecast. some of the winners to the downside. caterpillar, general electric and verizon down. the names hitting highs, watching jeff luo parkways racing there. and also spr raises the target. under armour as well. kicking it off every day at 5:00 a.m., lawrence simonetti and i.
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>> donald trump said the following about you. quote, look at that face. would anyone vote for that. mr. trump later said he was talking about your persona. >> women all of this country heard area clearly what mr. trump said. >> this is what is wrong with the debate. we are not talking about real issues. we don't need an apprentice in the white house. why do we give the country involved in a massive cyberattack against the united states. if we send a message, would this be the time to enter the massive attack. >> you want a casino gambling in florida. >> no i didn't. >> yes you did. >> one second.
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>> more energy tonight. i'd like that. i hear phenomenal things. i hear your wife is a lovely woman. >> she is my wife and why don't you apologize to her. >> i said nothing wrong. >> one of the worst things as ceo he's ever seen ranked one of the top 20 in the history of business. >> u.n. amounts of debt as well as losses using other people's using other peoples money and you are forced to file for bankruptcy not once, not twice, four times. why should we trust you? stuart: sharp edge stuff. that was last night. chris dialogue is with us. welcome back to the program. i've got a list of names and i will ask you if they died last may. just couldn't break through. rand paul. >> i want to premises so i'm not
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redundant as i do this. every candidate has a different set of needs. some candidates are zeitgeist servers like ben carson, people just finding out about them like they're persona or don't like they're persona. other candidates like rand paul. did you hear what grandpa was talking about last night? cannabis oil and stuff like that. i was an appeal directly to his base. ted cruz was talking to the camera like a telethon. when you have to feel decided 16 ways, the name of the game is just to hold onto their share and hope they can be there at the end. train two overall, his friend paul done? >> he's not done but it's pretty clear what he's doing is he's not able to grow his father share of the grupo. not only was he not able to grow it, he managed to shrink it and lose a lot of it to trump in
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carson. what i saw last night was a guy trying to get it together and get to the 8% or 10% share his father had. train to george pataki. >> come on. train to chris christie. >> chris christie had a very good debate. he had a gimmick about them and not about us. stuart: scott walker. >> is exactly the same place as marco rubio which is their candidatecandidate s that can break out at the end because they appeal to both ends of the spectrum. while they survived long enough to get there? walker had good answers, did good stuff, but can they last -- can they keep the donations and momentum going to last until the parties ready to get serious. train to answer the question about rubio. can he keep it going?
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>> rubio had a great debate. he was substantive and as donald trump would say high energy. he did all of that stuff and it was very good. will you talk about what he and walker, those guys are sensible portions. they are the sensible portions for the republican party and at the end the way the cycle would normally work they would have a chance. the expedited calendar in debates not happening with the frequency as last time, will they get the chance to break out and will they have the dough to do it when the time comes. stuart: rapidfire conference on trade answers, please. cnn blue that debate. >> or do they look even better. stuart: carly fiorina a winner? >> killed it. i guarantee you daunted job doesn't know how to deal with there.
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she is in his head. >> that's totally true. everyone kept saying to carly fiorina she's probably just running for vp. really? stuart: donald trump eaten a lot of people are tired of it. >> donald trump's support has the same since july. people who are trump has been are trump has been one it and believe it in our end. i don't think anything he did last night was some folks away particularly. i don't think he did anything that will broaden his base. the republican party has to figure out this is real and as long as donald trump lost some of his energy in the 12th hour of the debate or however long it went on, he lost the energy. if you like donald trump come he thought he did a good job in the debate. stuart: you have never answers him many questions in a three-minute interview.
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>> i like it. stuart: we will see you again soon. new videos from isis threatening syrian refugees. they better not flee to europe. can a business have a mind? a subconscious.
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stuart: isis has released a new video. it urges syrian refugees to flee the humiliation in europe and returned to his era and iraq to join the terror group. fox news contributor joins us with the story. you've got a story. what exact is a sustained? >> isis put out two videos yesterday. far be it from the terrorist in the set him up at opportunity to put out its own propaganda. the video is basically worn by syrian migrants from going abroad. they show clips of individuals being kicked in hungary and other sprayed with pepper is gray and they say this could be yours sea. why would you we've been known to go to the unknown. the europeans are blasphemous. he'll converted from islam and take your money and exploit you. they warn individuals from going abroad their obligation is to the caliphate.
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stuart: what do you make of reports isis has infiltrated people into the microwave trying to get into europe. when you make of those reports? >> lebanon put out a statement yesterday, one of their education minister said one out of 50 of the migrants are terrorists. that's a lot for someone to stay out of lebanon. they have the agenda. we know they want to put individuals in place in the west to carry out local attacks. the question is always fast. stuart: one out of 50, 2%. is that a reliable number? >> everything emphatic. this is what we believe. i'm told there is a manifestation, god for bid. we won't have an accurate idea what's going on. even the pieces in place on one side, it's very compelling
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because there are very innocent and people who want to get out of the crisis. on the other hand, the question of counterterrorism has then will there be another 9/11. there will be more march 11, 2004 train bombings, meaning this group's agenda is to infiltrate western society and a local level and launch attacks locally. syrian president bechard assad is getting a passport and opposing the government to come over. you have the passports in place, the policy now is open countries like germany open to the idea of observing immigrants. you have to put all these pieces together. stuart: thank you for joining us. we appreciate you being here. that's what markets. more "varney & company" after this.
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. >> he attacked some other
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issues and we needed to talk about the issues and we didn't need an apprentice in the white house, we have someone who's an apprentice in the white house. someone who's tested. when barack obama ran he said so many things americans liked but never run anything in government before. we don't need that, we need someone tested, that's exactly what we bring to the table. we've been tested unlike anyone else on the stage. stuart: scott walker got the second least amount of time in the debate last night. let's move onto what you have to say on our facebook page about the performance. fiorina's response to trump's comment about her face her answer was dignified and dismissive of the subject, she handled it perfectly. dennis agrees, he says -- 30 seconds left, gretchen, who won? >> carly fiorina. >> hands down? >> hands down. >> fiorina followed closely by rubio, i thought.
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stuart: trump? >> i thought trump stayed the same. see if he gets into details, see if he helped himself. >> think he faded with all the details about foreign policy. stuart: we finished up with five seconds to go. il not take neil cavuto's time, i'm going to take all of my time, it's 12:00 noon, it's yours. neil: like i should be thankful! thank you very much, stuart varney, you didn't hear it from me, apparently there is a federal reserve meeting wraps up in the next couple hours, we'll know whether the fed has done something it has not done in almost a decade. hike interest rates. the last go-around when we did this, we had to reverse this, that was back in 2006, things got very, very hairy, very, very fast, and for ten consecutive federal reserve meetings after that, there were cuts, cuts that eventually brought rates down to about 0%, and that is where we are right now. and the expectation today,

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