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tv   Varney Company  FOX Business  September 24, 2015 9:00am-12:01pm EDT

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his speech comes at a time of political division. as geraldo points out we hope-- >> i don't want donald to rank him out because he's speaking spanish. sandra: thank you for joining us this morning, we're going to toss it over to "varney & company" who will take you through the visit. stuart: thank you, sandra. pope francis placed himself in the middle of a political debate. he arrives on capitol hill moments from now and he will address congress in one hour. members have been asked not to touch him or give standing ovations, it's not supposed to be like a state of the union address. pope francis may surprise us today. you'll see it. new fox poll, outside political-- political outsiders i should say, trump, carson and fiorina still dominate the field.
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and wait until you see the new ad from carly fiorina. and joe biden nearly doubles his support in one month in that poll. china's leader in america, wheels and deals with boeing. he's buying $38 worth of planes. boeing opens a factory in china and today, the wall street journal identifies chinese hackers who have attacked america. watch out, stocks will be down triple digits this morning, blame janet, blame the fed. let's go fed watching, shall we? no, "varney & company" is about to begin. ♪ he's on his way, the pope's motorcade is now on its way to the u.s. capitol building. he will meet with speaker boehner and address a joint meeting of congress. ashley, you've been watching his progress. ashley: he's in the fiat 500 again.
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what a great add-- advert for them. stuart: it's a meeting, not a session, it's a meeting. there's a large crowd of people waiting for him. ashley: a huge crowd out in front. stuart: he's a draw this man. there's the motorcade. i think the fiat has gone by, not sure about that. okay, now, another shot of the crowd waiting for him. he's on his way, ladies and gentlemen, he will be there momentarily and when he steps out of that fiat, you'll see it. elsewhere in the news, listen to this, a deadly stampede in saudi arabia. saudi officials now say more than 700 people are dead in meena, a town, city outside of the holy city of mecca. over 800 injured. those numbers are expected to climb more. remember, 2 million people are
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there to perform the traditional hajj pilgrimage. look at dow futures. let's go to the markets, please, we're going to be down. down maybe 170 points at the opening bell. janet yellen speaks later on this afternoon at of market closes. nobody knows what she's going to say so we're all back in fed watching mode reading the tea leaves to see what nuance she might put on policy. fed watching, sorry about that. the price of oil is down to $43 per barrel. down 1% as we speak. regular gas, why do i have a frown on my face? 2.28 is your national average. ashley: pretty good, 2.28. stuart: except the streak is over. for 37 days straight, we've had gas prices go down and that's over. gas went up a tiny fraction, but it went up. ashley: it was magical. stuart: wasn't it wonderful? didn't we have a good time.
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hard-hitting ads from carly fiorina. it shows a fully stormed baby with its leg moving. we will not show that part of the ad. here is the rest of it. roll tape. >> i mean, how are you going to run for president and you're going to say this is what i saw in the video and everyone who saw the video says it doesn't exist. >> anyone who has watched this videotape, i dare hillary clinton, barack obama, to watch these tapes. someone says we have to keep it alive to harvest its brain. if we will not stand up and have president obama veto this bill, shame on them. stuart: the banner across the bottom of the screen reads hard-hitting fiorina ad and believe me it's a hard-hitting ad especially if you watch it with the baby pictures in it.
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and the ad, by the way, can be viewed on youtube. it's right there. it's on the internet. and look at this poll, this is fox news, the latest fox news poll outsiders, political outsiders still clearly lead the way. donald trump, 26%. dr. ben carson, 18%, carly fiorina marco rubio at 9% each. ted cruz 8%. not pictured is jeb bush at 7%, a new low for him in the fox news poll. joining us now is lisa, a commentator. you've seen the carly fiorina ad, i say it's hard-hitting. >> i say amen, democrats don't want a debate around planned parenthood or abortion. here are the fact, democrats couldn't care less about woman's health care because planned parenthood is the nation's largest abortion provider and their pac maxes out to democrats like hillary
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clinton. if the democrats cared about women's health care they'd focus on the almost 4,000 community health center across the country that provide more comprehensive care like mammograms, comparatively speaking to the 665 planned parenthoods who do not perform mammograms. stuart: conventional wisdom have it, if you bring social issues into the republican side of the debate in the campaign, na republicans lose. now, carly fiorina has gone at the social issue of planned parenthood and the dismemberment of baby bodies for selling of parts. is it a good move? >> it largely depends on the messenger. somebody like carly fiorina can have these conversations. look at planned parenthood, they have an excess of $1 billion in 2014 is alone netted 94 million. they're self-sufficient and ineffective with women's health care and taxpayers should be
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funding them at 500 million per year, that's ridiculous on its face. yes, carly fiorina should be confronting this information, having this conversation. i think quite frankly, democrats are afraid to have this conversation. stuart: stay there, i want to move to the democrat side of the new fox news poll. hillary clinton has 44% support. that's, by the way, a new low for her in that fox news poll. down five points since last month. and bernie sanders is holding steady, and look at joe biden, a record high of 18%, again, in that poll. a month ago, where was he in that poll? ashley? >> he was at 10% and getting back to hillary clinton. she was at 61% back in june, now down to 44%. that's a huge drop. as you mentioned, joe biden, record high. bernie sanders has hung onto 30% strongly. >> does this imply that joe biden will run?
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>> i don't surprise if he gets in. hillary clinton has shown herself to be a weak candidate and she's losing support among all demographic. her spot among women has dropped significantly since july. she's in a lot of trouble here. stuart: by the way, when we see the pope address congress, sitting behind him will be joe biden. if that's not the perfect camera angle. >> no kidding. stuart: maximum publicity, it's right there. ashley: yeah. stuart: lisa, thanks so much. >> thanks for having me. stuart: on to vw, known as volkswagen here come the lawsuits. joining us on the phone is mark lanier. look, nobody was killed, nobody was injured, so what is the damage suffered by the plaintiffs in this case? what are they suing for? >> i think they've got to be suing for dimu nition of the
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value. i passed on this-- >> you passed on this case? it looks like a home run. >> vw said things and need to be held accountable. if they're willing to fix the cars, what is the damage? maybe somebody got a respiratory illness, that's not a class action, it's an individual case. the best case is the ones that the dealer has, because who wants to buy a new volkswagen right now. stuart: what about the resale value of the cars which were not accurately measured for emissions? i mean, presumably, customers have taken a loss on the resale value of the car? >> well, stuart, you put your finger on the pulse of the case. that's going to be the deciding question. if the cars did fit, is there a d
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dimunition of sales value? and once they fix the problem, there's no damage and the car should have the resale value. that's why i passed on the case. these are great lawyers and i'm sure that volkswagen will pay something out. it's not like toy toyota where there's an issue and we fix it. if that leaves the car worth less than before because they don't meet the emission standards because people thought they did, then, yes, there's the case at that point. stuart: the jaws are dropping all across this studio, mark lanier because this is the first time we can ever remember you have walked away from a class action suit. it's astonishing to us. we're shocked. >> stuart, maybe you're rubbing off on me. stuart: i doubt it. >> i just want a case where there's going to be a-- where the suit does some good
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and in this one, volkswagen does fix all the cars. i'm not saying that they won't pay money on the suit. they will pay money. it's just not where i want to put my-- >> it's not enough for you. the stinger in the tail. mark lanier, everyone, trial lawyer extraordinary. the man you hate to love. and fed chair janet yellen speaks this afternoon. let's bring in market watcher mike murphy. here we go, endless fed watching and we're going to be parsing every word. my question, do investors want janet yellen to put rates up soon or not? >> i think the answer is pretty obvious and it's yes. last thursday i was on here and we talked about what was she or wasn't she going to raise rates. she didn't raise rates and look how the markets reacted. >> when she speaks this
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afternoon at amherst, if she delivers not an academic lecture, but a speech on monetary policy and she minutes, maybe we're wrong and put rates up. do you think the market goes up tomorrow morning? >> i do. stuart: really? a hint of rate increase makes the market go up? >> clarity is what we want and what we need and we didn't get it last time from janet yellen. we need her to give some-- last time, remember, thursday, we talked about the speech would be the key thing. well, she gave the speech and brought in china and china's economy to the speech and a lot of people question whether or not that belongs in what the fed is doing. right now the reaction you're seeing in the market which is pretty much straight down and the fed was last thursday, the reaction is the lack of clarity and people losing confident in yellen. stuart: there will be no q & a and it's a speech. i'd like to know when an advanced copy of the speech would be, after the market closes. guarantee. mike, stay there, see you later.
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the motorcade is on its way. look at it, here it is, that's the advance guard so to speak, the white car. the suv is out front. momentarily you will see the little black fiat 500. it's somewhere in the middle of that motorcade. ashley: obscured by the chevy suburbans. stuart: there is the lead car. there it is. that's the fiat 500 and again, what a beautiful day for the the pope to be driving through washington d.c. driving to the capitol building. perfect weather. the crowds are assembled. i can't see the sky in this shot, but i'm pretty sure it's sky blue, the sun is shining, not much humidity. if you want to wait in a crowd for the pope to arrive, this is the day to do it ladies and gentlemen. he's about to step out of the car, walk into the building and then have approximately 45 minutes in the capitol building and then address a joint meeting of congress. you'll watch that speech, you'll watch the presentation,
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i should really call it, you'll watch it when it begins. should be around 10:00 eastern time this morning. here are the ground rules that have been established for his speech. presentation before congress. no standing ovation, please. and when he walks down the aisle to get to the lectern at the front of the place, don't touch him. >> no touching. >> remember, he walked yesterday and there were two guards next to him beating down the people trying to shake his hand. >> no selfies. stuart: absolutely no selfies. is that a good commercial for the fiat 500? >> how could it not be. god-given. stuart: there are not many times when the pope has driven in a regular customized car. his pope mobile, that's different entirely. that's a jeep cherokee-- a wrangler, fitted out specially as a mope mobile. i think we'll get a view of him
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exiting the car going inside the capitol building. again, this is a historic day and yesterday was quite something and we covered it through the day. it was something to watch. ashley: fascinating. stuart: i got into a lot of trouble because i said it was a political statement that the pope-- >> you got into trouble, really? >> with the left. i don't think that father jonathan morris particularly can appreciated my comments. nonetheless, i got into some trouble, opposition, i don't know why. i think someone writing in the huffington post in britain suggested if i ever go back to britain, i should be arrested. >> what? >> because they want to use hate speech rules against me. there you have it, ladies and gentlemen. >> freedom of speech is nonexistent in the u.k. stuart: because i said it's a political speech, i'm a hate speech kind of guy. ashley: it's a political issue, you can't deny that. stuart: thank you.
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ashley: don't see the argument. stuart: why is he going to talk about today? that's they say, in journalistic school, remains to be seen. i'm sure it will get a mention, wouldn't be the focal point of the address. what will it be? >> no, i don't think so. stuart: will he be as political as yesterday? lining up on a particular side of the policy debate or go for the spiritual side and valuation. >> and i think he has shown he doesn't mind political, getting his political points across. stuart: it's had extraordinary impact on america. not going to say the markets or politics, but extraordinary impact on america, the man's arrival. look who is with me to my immediate right. ebony williams is joining us. welcome to the program.
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>> glad to have you, stuart. stuart: glad to have me? >> glad to be here. stuart: you're a welcome guest. i'm in trouble with some quarters because i said the pope's comments on climb change were political. am i in trouble with you. >> no, he's made no apology, he had an as a meg aphone, and he's not-- sm making points that are relevant. stuart: i don't think it's a good idea. i want my spiritual leader to take care of my soul and not my vote. >> some would say there is a connection between those and can't escape from. certainly, woo he have' never seen this type of political from any other pope, but i believe that this pope feels like, now what? he's got to platform and he's prepared to use it. stuart: well, he wants to help
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the poor, and help the downtrodden. we can all support that. but if you support a particular policy which may or may not help poor people, i think you've got a problem. >> he's taking a position, you're right. stuart: he's taking a position and very much in favor of president obama's plan to battle climate change which could be damage to poor people. that's my opinion. is that yours? >> i think we don't know. that's my position. we don't know. is it a risk he's taking a staunch and adamant position that could work in favor of poor people. it's a risk he's willing to take. stuart: we just saw john boehner, a catholic, i believe he'll be behind the pope. so in about 45 minutes we will see the pontiff walk down the aisle in the center of the capitol building.
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there will be lined up members of congress on either side of that aisle. you can bet some of them will try to touch hill. >> of course, grab and reach out. stuart: we're told that they have stationed members of congress to block anybody trying to reach out there. >> sure. stuart: when he starts to speak, we're told that members of congress have been told to get on your best behavior and none of this standing ovations, up and down, up and down. which makes such a bain of the-- trying to take, they're trying to take the politics out of the pope's speech to congress. >> as much as he's trying to insert them in. stuart: i don't know what he's going to say. at 10:00 we'll hear him speak and find out at that point. speaker boehner is in his office and standing there waiting for the pope to get out of his car, a walk through to where john boehner-- looking there-- here we go.
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here is the meeting the holy father walking into the room. let's listen for a moment. >> your holiness, welcome. glad, really glad to be here. good morning. good morning.
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appreciate it. >> the classic photo-op and of course, everyone in television is taking advantage of the classic photo-op. nothing of substantial will be discussed between those two men that you can see on your screen right now. interpreter in the middle. nothing of substantial, this is a welcoming meeting and a chance for his eminence, the pope and other cardinals to just meet very, very briefly with speaker boehner before they go on to the full presentation before congress. ashley: fascinating. stuart: i don't know why, it is. i'm not sure of the protocol. >> his eminence.
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>> his holiness, i think we heard john boehner to say. stuart: i'm glad you're with us, liz, the correct address, his eminence or his holiness, find out on the computer, i'm dangling in the wind here. john boehner speaking with the holy father, the cardinals in attendance. ashley: looks uncomfortable as the media swarms to get that picture. trying to look natural in an unnatural setting. stuart: how do you look natural in an unnatural situation and talk about absolutely nothing, but look like you're getting on just fine. how do you do that? i'm not sure i could do that liz: quite a skill. stuart: i'm trying to smile for this program. >> you're very honest. whatever your thoughts are agree with you, or disagree, you're honest. stuart: that got me in trouble. >> he's going to get arrested
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in the u.k. stuart: on hate speech grounds. that's a big crowd. there you have it. looking at the washington monument. an extraordinary view. i don't know how many people are there, obviously runs to the thousands, but again, you have to say what a perfect day to be waiting at-- are they going to be watching the pope's address on giant screens there, so-- >> i don't know that for a fact. they may. that it will be broadcast? it would have to be. that's why they're there. they may catch a brief glimpse of the holy father. and he may appear on some cackney afterwards, that i don't know. but they're there to see him and i'm sure they're there to hear him as well liz: he's scheduled to appear on the capital's west front. a crowd estimates of 50,000 on
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that lawn. "the washington post" has a story out how there's an increasing number of catholics in the u.s. congress. you know, there's now 31%, according to catholics, 164 cast catholics and. >> that's a record proportion, is it? >> it's going up, not sure. getting back to the firestorm of what we were talking about yesterday, i'm going to come to your defense and, yes, we have been talking about how the pope, it's so vital for the pope to be bringing the message of putting the poor at the center of policy, and that's understood by everybody sitting here on your set, stuart, and in terms of protecting refugees, protecting the poor and getting them jobs, to improving the poor's standard of living. what we were trying to say
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yesterday, when it comes to speaking about politics and having the pope address political issues and notably climate change, it's about policies that will have little economic impact because if you don't have china and other polluting countries like india in on it, then, you know, he's taking-- >> we take the sides on the policy issues, you could be very, very wrong. you could recommend-- >> and also, these alternative energies lead to more expensive electricity in the long run which will hurt the poor. >> let me clarify. i didn't mean to say little economic impact. i meant to say little environmental impact if you don't have countries like india and china on the deal. >> you expect the pope to come out and spread the catholic way. do good for the poor and for your brothers. that's what you're going to hear from the pope. the fact that he's on social
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media, the first pope to be utilizing social media makes his reach that much greater than it's ever been in the past. now to go on the political side we have to know where he's coming from, he's somebody who wants to help the poor, he's not somebody who is going to tell you how to do or should be somebody who tells you how to affect climate control. that's not his area. stuart: i'm intrigued to see what does he mention today? notably absentesterday, brief remarks with president obama outside of the white house, but there was no mention of the tens of thousands of christians in north africa either killed ap crucified even, no mention. i am surprised that the leader of the catholic church would make no mention of our fellow christians who are in deep distress in north africa.
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>> it will be interesting to see if he does in this speech liz: he did say we have to pay attention to religious freedom around the world, but he didn't use points to address the middle east. stuart: i think he will address the migrants, most of them are muslims, i'm sure that he'll address that. america has agreed to take in 180,000 of these refugees. i think that issue will be address, but i wonder in what terms the pope will address that issue. >> right. >> will he say come on, let them in, or take action on something that's happening in the first place liz: that's an important point you raised. why are these governments collapsing or what are the models they have embark on proving the ruination, but it's
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leading out of europe and to the united states. stuart: the crowd is obviously ready for the pope's arrival. s' arrived in the capitol building and gone into john boehner's office and greeted by several cardinals. so the initial meetings have taken place. the pope does not look particularly tired or drawn this morning. ashley: i thought he did yesterday when he first arrived at the white house, and how old is he, 78? he's done a lot of travelling. >> for a 78-year-old to give nearly two dozen talks in the span of three days and to travel like he is. it's extraordinary. so he is about to address congress right there and we're looking forward to what he has to say. stuart: careful, elizabeth, i'm not too far short of that age myself liz: you know, the rolling stones and supreme court justices are younger than you, older--
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>> the pope met with john boehner, the first formal meeting. john boehner had invited the po po pope. ashley: john boehner studied at the university and-- >> what you're seeing on the screen took place earlier today and i believe that that meeting has now been closed to the media. it was a photo-op. the meeting itself is now in progress and of course, pope francis will be getting ready to enter the chamber, 10:00 eastern time. ashley: was i mistaken, that boehner defended the pope for speaking about climate change. saying that the pope can-- >> in about a half hour from now, we're about to open the stock market this thursday morning and we're going to see a drop there at the opening bell. of course, the market has absolutely nothing to do with
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the pope's visit or what he says to congress this morning. that's a totally separate issue. this decline on wall street, we'll see a decline of maybe 160 points for the dow, that's got everything to do with watching what the federal reserve chair janet yellen says. it's precisely 9:30, the trading session has begun. we'll see quite a drop. down 36, 42, i don't want this to be a horse race. futures indicate maybe 150, 160 after everything settles down in the first minutes of business. we have ashley webster. liz macdonald and todd horowitz from chicago. todd, do you, we have janet yellen addressing amherst this afternoon. i don't know what she's going to say, but that's what the market is anticipating,
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correct, todd? >> good morning, yes. the hashth will be hanging on every word that yellen says, right now they haven't been able to say what. i think they've lost power over the market. i think that the market is now trading on what is considered to be bad news. she will be there and they will be hanging on every word to see if she says anything positive to create a rally out of this market. maria: i asked mike-- >> i asked mike murphy before, if she implies will the market go up? >> i think we'll ralliment the low interest rate environment is know the good and doesn't provide the growth needed. last week they showed us, when they don't do anything, we need to see growth and by that,
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raising tra rates. >> that's the first time i remembered unity with an analyst saying you put rates up, the market goes up. i've not heard that. >> we're down five out of six since we heard that rates were going to stay flat. if we had rallies for five out of six, he may be in a different camp, but the market reacted negatively to yellen's inaction. we need growth and don't need zero interest rates. we need to pick things up and people to have faith this what the fed is doing. i think that's the biggest point, stuart, a lot of people have lost faith. >> i would be surprised if she reverses course this afternoon. >> a week after saying no change liz: i mean, this is one of the most telegraphed rate hikes. it's as telegraphed as haley's comet coming our way. it's interesting, stephanie is talking about the fez's
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deflate-gate creating this around the world. stuart: caterpillar, way down. this is down approximately 6%, that stock. that, because it's a dow stock, a 6% drop there takes about 30 points off the dow industrials. ashley: closing and restructuring their business, they cut jobs by 2018 and revenue lowered than firts estimated. this kind of sends up a warning flag third quarter earnings, too, especially those with the global economy. stuart: how much profit are american companies going to make, it looks shaky. down goes the stocks. >> caterpillar, we've seen the stock drop from 100 and 66. people are going to wage now the economy is going and
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there's been a lot of mismanagement. i don't think you want to read too much into this. >> the dow is down 137 points. that's where we are. have a look at the price of oil. down around $44 a barrel. been there, right there, mid 40's, tried to go up and down. i've got to inject one piece of i call it bad news, the streak is over, folks, i'm sorry it is, 2.28 the national average for regular it went up, that means the 37-day streak is over liz: good news from gas buddy, predicting gas $2 nationwide by christmas time. stuart: todd, come back in. $44 a barrel for oil. when it budges which way will it budge? >> well, first i want to graduate you on stability because that's what we've got now here is stability in the
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oil market. i think it goes higher. i think we've found a bottom. i think the commodity crush is over. i think that commodities are the space to be in and oil will be space going forward. especially if we're going to get a growing economy. i think the oil goes higher from here. >> the nasdaq is now in the red for the year, that's the calendar year. all three averages, the nasdaq, the dow and s&p 500 all in the red, september 24th. >> peter boockvar put out a note saying he thinks we're in a bear market. they're below that 200-day moving average and a bear market has begun. >> people listened to mr. boockvar and down 152. >> we're down on the s&p, but a lot of sectors in energy and industrials are down close to 20% or more year to date so for
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me, this is an area where you want to start buying. are we in a bear market? tough to say, i think the times called that with the s&p at our highs. we've had a correction, i'm looking for pockets of opportunity. >> i'm looking for janet yellen to raise rates. >> get on with it. stuart: a closely related can p to cat pill ser down 3%. it's down 3% not because there's much news on deer, but because there's bad news on caterpillar. john deere, i buy my tractors there. let me explain what's going on to the viewers. on the left-hand side of the streen v-- screen waiting to hear from the po pope. i believe that pope francis' address will be piped to them. i'm not sure if there's a big screen, but they will hear him momentarily. that's 25, 50,000 people? >> 50,000 people.
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and ashley is right, how do you address the pope, holy eminence jtsdzed -- the price of oil, and chinese president held a closed door meeting in seattle. he wanted, in my opinion, what is wants is full access to everything passed through in the internet in china. ashley: they've stolen it. that's the way they do business. stuart: fair point, we believe, headline in today's wall street journal sleuths link hackers to chinese military. >> national security advisors
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ben rhodes put aside the talking points, both sides. talk cyber security, what are you going to do to stop the thiefery. >> how do we know that president obama will negotiate something hard with china. >> there will be a point presser. -- a joint presser. >> he's not going to press hard becaused on the past. stuart: they're stumbling badly. >> our economy has held up in the face of china's falling over. if you look at past history, negotiations aren't this president's strong suit. >> that's for sure. by the way, boeing has received an order for $38 billion worth of planes from china. china paid 38 billion, but there's a caveat to that. boeing will open its first factory in china, i believe they've got to paint the
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exteriors of the 737's. that's happening now. look at volkswagen, vw, the ceo has resigned, you know that. now, listen to this, it looks like bmw, may have an emissions problem of its own. may. ashley: there's a report in german newspaper says that the bmw x-3 spews out more pollution than the diesel cars we were talking about and that it was tested to do that. bmw says we never manipulate or rig a system, that's false. all of our cars, they say, comply with the standards. this is the kind of thing we're seeing more and more of now. bmw says show us that report. and we categorically deny it. stuart: and germany renowned, and make the best machinery on the planet. look at this liz: the way volkswagen handled it was refreshing.
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they put out a video and ceo standing in front of people, saying we were wrong, we made a mistake, we're sorry. he said he wasn't aware of it, but it seemed candid and right now-- >> two members i should say of volkswagen board are also out. ashley: one audi board member and another porsche board member. stuart: porsche in part of vw. ashley: both are. stuart: look at the brand names tainted by this, porsche, bentley. >> audi. stuart: lets go to nicole. show me fiat chrysler not because the pope drove in. nicole: it's appropriate
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because of the pope and the automakers are coming under pressure abroad and we're see fiat chrysler down 3, 4% abroad and we saw the nikkei dropping and mazda and mitsubishi hit hard. it has a ripple effect. in the meantime, angela merkel is telling them to restore confidence. stuart: the dow is down close to 200 points after 11 minutes worth of business. it's embracing business technology. it's 360 virtual reality video. like the "star wars" clip. i'm not sure if you can see it. you can get it right in your news feed.
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let me get this straight. facebook has a rift, which is the helmet so you can look at 360 stuff. and now they're going to produce videos for the 360 reality. is that how it works? >> it is with a slight twist. that means the new release they announced today. partnership with facebook and specifically with google here to put on the android and chrome browser. you don't need the set to have this 360 immersive experience. you will absolutely be flipping through facebook feed and you can tilt your phone. i tried it this morning, it's really, really cool. stuart: i don't understand this. to me virtual reality surrounds you, it's everywhere, look this way and that way, you've got it. how can you do that on this phone? i don't get that. >> i think what they're trying to do expand the way you think of virtual reality. obviously they want you to buy that headset when they release
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it and engage with content in a few way. what happens you take your phone-- looks like you're riding for the "star wars" trailer, look like you're riding on the aircraft and you can turn to left and right and see the scenery just like out your car window to get an experience of the "star wars" trailer liz: this is where gopro was going down the road. >> it could be bad for gopro depending. >> gopro was an early partner with facebook in this and also released a video to show how they can partner with facebook. stuart: last question, i think this could be the next big thing, not another new iphone, not saying that, but in terms of technology what we see and how we see it. i think this is the next big thing and you say what? >> i think that facebook does, too. i find it much more engaged in
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the content today than i have in a lot of videos that i've seen on facebook. i think they're onto something here. >> you give it a big hit, a big like. >> i like it and see "star wars" as soon as i possibly can. >> all right. >> thank you. look what's happened. the dow jones industrial average is down close on 200 points, that's on the right of your screen. this has no connection to what you're seeing on left of your screen as members of congress are lining up to go into chamber to listen to pope francis. now, the question is what is pope francis going to say. nothing that he says is likely to affect what's on the right of your screen, that would be the stock market. there's a complete disconnect between the two. it's intriguing, what will the holy father say to the assembled politicians today. my point yesterday he was political. got into climate change, he accepted a certain line of policy. will he do the same thing today with america's political
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leaders? i don't know. ashley: in a perfect setting for it. stuart: precisely. ashley: the nations lawmaker right there liz: the u.s. is the perfect setting because would he don't have state controls on media. and i think the key is he wouldn't be able to get his message out in places live russia where it would be adull -- adulterated. >> he's going to give the catholic message. stuart: i'm a protestant, an episcopalian. what is the catholic message? >> treat others like-- and st. theresa's school in woodside. treat others like you'd like to be treated yourself liz: can i give you this, if i may, i read through the pope's tweets on climate change.
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there's a decrease in the pace of production and consumption and climate change, could rise to another form of development meaning the spirit and soul and saying that developed countries ought to pay by limiting-- >> i'm interrupted you because joe biden is greeting the politicians, he looks energized and lively. is he going to run? his demeanor today will be taken as a pointer whether he's running or not. in a moment he's going to take his seat behind the podium, next to john boehner, the speaker of the house and there will be joe biden, vice-president of the united states and he's right behind the pope and that's a photo-op, it will last throughout the entire presentation that all, many eyes will be on joe-- hillary clinton will be watching joe biden extremely carefully this morning. [laughter] how lively does he look. by the way the dow industrials
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are down 208 points, threatening the 16,000 level. let me remind you, everyone, if we close below 16,000 today it will be only the third time this year we've closed with a 15 handle. that's significant. >> i think that the caterpillar announcement is weighing on the market. stuart: and the question is whether or not the fed will raise interest rates. i mean, two people today on this panel said raise rates and the market goes up. >> you know, stuart, a lot of people, market participants are technically driven. if you watch the s&p here we're around the 19, 20 level. if we break below those levels. >> 1916. >> and selling coming into the market. >> so stocks right now are down, interest rates are sharply lower, what's going on now, speaker boehner, let's listen in. >> from maryland, mr. hoyer, gentleman from south carolina,
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mr. clieber. extra gentleman from california, gentleman from new york, mr. crowley. gentlewoman from connecticut, and gentleman from new mexico mr. luhan. >> the president says at the direction of that body appoints the following starts as members of committee to escort the pope, senator from texas, senator from utah, senator from south dakota, there thune. senator from wyoming mr. barrasso, senator from missouri mr. blunt. senator from mississippi mr. wicker, senator from maine,s miss collins. senator from alaska. from tennessee mr. corker. senator from new hampshire ms. ayotte. senator from illinois mr. deserver, senator from new york, mr. schumer. senator from washington
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mr. murray. from ver national correspondent mr. leahy. senator from montana mr. tester. senator from michigan, mr. -- excuse me the senator from michigan, miss stabenow. senator from minnesota. senator from maryland, senator from new jersey, senat. >> the members will exit the chamber through the lobby doors h >> when the good senators made their way through that aisle, within about ten minutes the holy father, pope francis will also make his way down the aisle. and that will be very interesting. because they're going to have members of congress stationed on the aisle trying to stop
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other members reaching out to touch or shake hands or otherwise-- >> they've been told they can't, but you think they'll do it anyway? >> i think there may be some applause during the speech and i think there will be some applause from democrats, especially, who wish to co-on the pope to their point of view. if they applaud loudly, i think that's breaking the new rules. i think they will be hard put to restrain themselves, to stop themselves from applausing. >> i think you will get applause from congress because that's what you see quite a bit when we're in there, hard to know if the pope will know if it's could manying from the democratic side or the republican side. i think a lot of people will show him the respect he deserves as the pope. >> i'm waiting to see if there are standing ovations.
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there's a strict one, don't do it. weon't want it to look like a state of the union message liz: and guests as well. there are about 200 reporters packing into the house chamber, too. the pope is expected to speak wi with-- without a teleprompter and he will speak in english, what we're hearing. stuart: really? it will be heavily accented english that he will speak. >> we'll watch for it. stuart: he will address the congress in english. i saw marco rubio joshing with senator lindsey graham. there's newt gingrich with his wife. and you'll see the panoply of congress and their guests and see well-known faces, speaker of the house john boehner, of course, and vice-president joe biden. and all eyes on joe biden, how vigorous is he, able to take on
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a presidential campaign? i'm asking a pejorative question liz: if he were elected president he would be older than ronald reagan when he was elected. ashley: bernie sanders there. stuart: bernie sanders, presidential candidate. stuart: how old is he, 73? >> close to that. stuart: 73. a vigorous man. i'm sorry to say this, he reminds me of 1968. that's the way i feel about this. and leads and gentlemen, democratic socialist, and wants the tax rate to go up. he wouldn't be worried with a tax rate of 90%. elizabeth warren, democrat of massachusetts, you didn't build this. i digress. ashley: 74. stuart: who is 74? >> bernie sanders liz: bernie sanders supporting single payer even though it
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failed in his home state of vermont. stuart: i think at some point soon, at 9:52 eastern, holy father will be entering the chamber at some point very soon and just announced entry of the diplomatic corps and these are faces i do not know. cannot identify them. i see members of the military and judiciary, members of the high court. let's see who else is going to be introduced, see if we notice any faces in the crowd here. ashley: this is the first time that we've had a pope address a joint meeting so i guess the protocol is unknown to everyone, correct. stuart:. ashley: this is the first time they are doing that liz: we are covering the story boosting the network because of the million of tweets and vines and social media activity coming from the pope.
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stuart: we have a g.o.p. strategist with us, john hart, come on in. i'm saying a lot of eyes will be on vice-president biden to see if he's vigorous enough to run for the presidency. i'm going to be terribly pejorative here, but this is a terrific photo-op available to the vice-president at this time in the campaign. what do you have to say, john? >> well, i think you made a comment earlier there may be some who would want to co-op the president's visit. i don't think that would be fortunate. i don't think that the peep is hooker to take sides in any political debate, but he's here in a fascinating moment in american politics. you had a poll that shows the rise of the outsider candidates. i would argue in the post establishment time, the new elites, the citizens, it's the truth, it's a global phenomenon, and people are hungry for solutions.
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people want solutions in our daily lives. if we'd live out the catholic church teachings, other denominations we wouldn't have the immediate for government on the scale today. stuart: undered stoo that: i'd like to hear that from pope francis himself. dress upon salvation opposed to policy. what we're seeing is presidential candidates on display as they wait to hear from the holy father. i'm going to contest your point. i do expect democrats in congress to attempt to co-on the papacy by applauding and maybe planning with an ovation on particular political points. i'm prepared to accept that that won't happen, but it will. >> i think you may.
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let's talk about the results of these policies. stuart: let's listen in, please. [applause] [applause] >> it's now 9:56 eastern time. the supreme court justices are with john roberts there in the front. there will be other groups-- the president's cabinet. there you have it, let's listen to this. [applause]
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[applause] >> this is one of those rare occasions in congress where both sides of the aisle are fully represented. >> that quiet. stuart: it does remind me of a state of the union address. let's see if members of congress behave in the same way as they do in a state of the union address. you can see the cabinet, the judiciary, the military is stalled right there. democrats and republicans, eastern is there and each one has one guest, i believe liz: they were allowed one guest. stuart: the chamber is full and now we await the arrival of the pontiff himself. and the time is precisely 9:58. this is working like clock work. it's supposed to work like it, it is working very well.
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. >> the anticipation. stuart: yes, the anticipation builds, does it not? >> it's a historic moment. stuart: the quiet thoughts inside the chamber. it's a historic occasion. no other pope has ever addressed a joint meeting of congress like this ever. the pope is now at the invitation of the speaker of the house, john boehner, along with joe biden. secretary of state john kerry there. in a moment there will be a young lady who makes the announcement ladies and gentlemen liz: his holiness. stuart: correct form of address liz: it's interesting to note that six of the supreme court justices are catholic. stuart: really liz: including chief justice
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robert alito, clarence thomas, son sonia sotomayor. >> there's a high level, historically speaking. we're coming up on exactly 10:00. it's now 10:00 eastern time precisely, we're watching two events unfold here. this in front of you, far more important, the first speech by a sitting pope to a joint meeting of congress. you will see that, the pope will arrive moments from now. on the other side of the coin, we have wall street where the action is fast and furious to the down side. we're losing 200 points for the dow jones industrial average, close to dropping to the 15,000 level and we're waiting, of course, for a speech this evening, 5:00 eastern time from janet yellen, chair of the federal reserve. what will she say about
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interest rates if anything? that's why this market is poised at this moment right at 16,000. we've had commentary on this program which suggests if janet yellen hints that interest rates will go up soon, then the stock market will recover, according to two of the people on this program. ashley: yes, clarity. that would offer clarity. stuart: that's what the market wants. at the moment we don't have clarity. we have the fed in a corner not knowing which way to go, but it's the first time in my memory when they say you put rates up and the stock market will go up. >> that's highly counter intuitive. thank you very much indeed. all eyes on the entryway right there. making the way for the holy father himself will be emerging in that line and let's see what crowd control they exercise. ashley: might clear the pathway. stuart: they're doing it already. i remember yesterday when the pope arrived in the white house, he walked through, down
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some aisles and there were, yes, they were efforts to touch him, leaning at him. let's listen in because we're about to keep the proceedings going. going. >> mr. speaker, the pope of the holy see. [applause] . [applause]
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. [applause] . [applause]
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>> members of congress, i have the honor and distinct privilege of presenting to you pope francis of the holy see. [applause] >> mr. vice-president, mr. speaker, members of congress, dear friends, i am
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most grateful for the invitation to address this joint session of congress in the land of the free and the home of the brave. [applause] i would like to think that the reason for this is that i, too, amazon of this great continent from which we have all received so much and the world which we
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share a common responsibility. a for giving country as a nati nation, a personal social responsibility. a responsibility as members of congress is to enable this country by the legislative activi activity. as a nation, you are the face of its people, there are representatives, you are called to preserve the dignity of the citizens in the tire leless and demanding pursuit of a common
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goal for this is the chief aim of policies. a political society endures when it seeks to satisfy common needs by stimulating the goal of all its members, especially those in situations of ability-- legislatively the activity is always based to take care, but this you have been invited, by those who elect you.
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yours reflects in two ways-- the people of israel symbolizes the need of people to keep a sense of unity by means of just legislation. on the other, moses lives as directly and that's the dignity of the human being. [applause] moses provides us, asks to
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protect by means of the law, the image and like neness by go on every human life. today i would like not only to address you, but through you the entire people of the united stat states. here together with the representatives, i would like to take this opportunity to dialog with the many thousands of men and women who strive each day to do a hard day's
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work, to bring home the daily bread, to save money and, but time for their families. these are men and women who are not concerned simply with paying their taxes, but in their own quiet way sustain the life of society. they -- [applause] they generate solidarity by their actions and they create organizations.
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i would also like to dialog with many elderly persons, a house of wisdom forged by experience and who seek in many ways, especially to share share stories and their insights. i know that many of them are retired, but still active. they keep walking to this land. i also want to dialog with all those young people who are working to realize their noble inspiratio
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inspirations, who face difficult conditions, often, often immaturity on the part of many others. i wish to dialog with all of you and i would like to do so through the memory of your people. my visit takes place at a time when men and women of goodwill are -- the complexities of
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history and the reality of human weakness notwithstanding, these men and women, for all their many differences and limitations hby hard work and self-sacrifice, some at the cost of their lives, to build a better future. they share fundamental values which endure forever in this of the american people, a people with this coming through many crisis and conflicts, while always finding their resources
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to move toward and to do so with dignity. these men and women offer us a way of seeing and reality. even amid conflict and the here and now of each day to -- i would like to mention four of these americans, martin luther kin
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king-- this year marks the 150 of the assassination of president lincoln, the guardian of liberty, and worked tirelessly that this nation under you god might have a new bird of freedom, building a future of freedom requires had the common good and cooperation in a state of realty and solidarity. all of us have deeply worried
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of the disturbing social-- of the world today, of violent confli conflict, brutal atrocities committed even in the name of god and of religion. we know that no religion is removed from forms of individual delusion or ideological extremists, this means that we must be especially attentive to every type of fundamental issue,
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whether religious or of any other kind. a delicate balance is required to combat violence, perpetrated in the name of a religion and ideology or an economic system, while also religious freedom, and individual freedom. [applause] but there is temptation which we must especially guard against. the simplistic ones that see
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only groups or, if you will, that rises, the contemporary wars with its open wounds which affect so many of our brothers and sisters, that we confront of polarization. we know that in the attempt to defeat an enemy without, he c can-- we can feed the enemy within. to imitate the violence and murders is the best way to take
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their place, that is something which you as people reject. [applause] our response must instead be one of hope and healing, of peace and justice. we ask the courage and intelligence. don't resolve today's many geopolitical and economic crisis, even in the developed wor world, the effects of unjust structures are all -- our
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efforts must aim at restoring ho hope, righting wrongs, maintaining commitments, and thus promoting the well-being of individuals amongst people. we must move forward as one in a renewed spirit of fraternity and solidarity, cooperating generosity for the common good. [applause] the challenges facing us today call for a renewal of that spirit of
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cooperation which has accomplished so much good to have the history of the united stat states, the complexity, the urgency of these challenges demand that we pool our resource and talents and resolve to support one another with respect for our convictions of conscience. [applause] this land, the various religious denominations have greatly contributed to
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building and strengthening society. it is important that today, as in the past, the voice of faith continue to be heard, for it is the voice of fraternity and love which tries to bring us the best in each person and in each society. such cooperation is a powerful resource in the battle to eliminate new global forms of slave slavery, of great injustices which can be overcome only through new policies and new forms of social concerns.
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politics is instead an expression of our compelling need to live as one in order to build as one the greatest common good. that of our community which sacrifices particular interests in order to share in justice and peace, its goods, its social life. i don't know the difficulty that this involves, but i encourage you in this effort. [applause]
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here i think of the march which martin luther king led from selma to montgomery 50 years ago as part of the campaign to fulfill his dream of full civil and political rights for african-americans. [appuse] that dream continues to inspire us all and i am happy that america continues to be for
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many, a land of dreams. [applause] dreams which lead to participation, to commitment, dreams which awaken what is deep e deepest and truest in the lives of the people. millions of people came to this land to pursue the dream of building a future and freedom.
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we, the people of this continent, are not fearful of foreigners because most of us -- [applaus [applause] >> because most of us were once foreigners. [applause] i say this to you as the son of immigrants, knowing that so many of you are also descendents of immigrants. [applause] tragically, the rights of those
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but we know that this very difficult to judge the past by this criteria. [clapping] when the stranger in our midst appears to us, we must not
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repeat the sins and the arrows of the past. [clapping] we must now live as noble noble and as justly as possible. as we educate new generations, not to turn their back on our neighbors and everything around us. visiting a nation calls us to recognize that we must constantly relate, projecting a mind-set of hostility in order to get one of society if
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constant to do our best and constant that we can do this. our world is facing a refugee crisis, nothing since the second world war. this is presents us with great challenges and many hard decisions. on this continent thousands of persons have traveled north in search of a better life for themselves and for the love. search of greater opportunity. this is not what we want for
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our own children. [clapping] we must not be taken back by the numbers but rather the them, seeing their faces. trying to respond as best we can to the situation to respond in a way, which is all we human. we need to avoid to discuss whatever. let us remember the golden
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rule. do to others as you -- [clapping] [clapping] do to others as you will have them do to you. this rule point us in a clear direction. let us with the same passion and compassion with which we want to be treated. let us for the same possibilities which we seek for ourselves.
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let us help others as we would arrive to ours. in a world security, let us give security. if we want life, let us give life. if we want opportunity, let us provide this opportunities. we use for others will be which time use for us. [clapping] [clapping]
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>> the golden rule also reminds us of our responsibility to protect and defend human life until the stage of development. [clapping] [clapping] this conviction has led me from the beginning of my ministry to different levels, the global abolition of -- [clapping]
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and i am convinced that this way is the best since every life is endowed and society can only benefit from the rehabilitation of the convict of crime. recently, my brother here in the united states renews for the abolition of the penalty. not only -- [clapping] not only do i support them, but i also offer encouragement to all those who are convinced
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that in society punishment must never exclude the dimension of hope and the goal of rehabilitation. [clapping] >> in these times when social concerns are so important, i cannot say dorothy, who founded the movement has social activism, passion for justice and for the cost about
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the gospel and the example of the times. how much progress has been made in australia, in so many parts of the world. how much has been done in this first years of the millennium for poverty. i know that my conviction that much more needs to be done and in times increases an economic hardship of global solidarity must not be lost. sometimes i encourage you to
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keep in mind all those people around us who are trapped in a cycle of poverty. they too need to be given hope poverty and hunger must be constantly and of many forms, i know that many americans today are seeing their past walk in to deal with this problem. it goes with all saying that part of the great creation and distribution of wealth.
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the right use of natural resources, the proper application of technology and the harnessing of the enterprise are essential elements of an economy that seeks to be modern, inclusive, and sustainable [clapping] >> business is a noble vocation directed to producing wars and rebuilding the world. it can be prosperity from the area in which it operates, especially if it sees the creation of the jobs san
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essential part to the common world. [clapping] this also includes the earth, which i number of that dialogue with people about our common home. we need a conversation which includes everyone since the violent challenge we are undergoing and each human concern and effect
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[clapping] >> i call for courageous and responsible effort to redirect our steps and to the most sales effects of the environmental deterioration caused by human activity. i'm convinced that we can make a difference, i'm sure. [clapping]
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and i have no doubt that the united states and this congress has an important role to play. now is the time for courageous action and strategies. implementing a culture of care and innovative approach for covert, restoring dignity and at the same time protecting nature. [clapping] >> we have the freedom needed to limit and direct technology
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to advise intelligent of development and limiting our power and to put technology at the service of another type of problem, one which is here, more human, more social, more integral in this regard, i am confident that america outside academic and research institutions can make a contribution in the years ahead. [clapping] >> essentially i go at the beginning of the great war, which pope benedict appoint
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and america was born. this marked thomas martin. he remains a source of spiritual aspiration and guides for many people. in his aut aotobiography, he came in nature, i was nevertheless the person of my own violence, my own selfishness in the world in
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which i was born. that full of men like myself, loving and yet born leaving his death in fear hopeless self contradictory. martin was a man of prayer. a thinker who challenged and opened new horizons for souls for the church. he was also a man of dialogue
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of peace between peoples and religions. from this perspective of style, i would like to recognize the efforts made in recent to help overcome historic differences linked to painful episode of the past. it is my duty to help all men and women when possible to do the same. when countries which have been add odds resume the past of the dialogue, a dialogue which may have interrupt for the
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most legitimate of reasons, new opportunities open up for all. [clapping] >> this that required and requires which is not the same as responsibility. a good political leader is one who with the interest of all in mind ceases the moment in a spread of openness and pragmatism. a good political leader always ops to initiate process rather than possessing space.
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[clapping] being of service of dialogue also means being truly minimize and the long term and the many conflict to help our world. [clapping] here we have to ask ourselves why are weapons being to those who plan to inflict suffering on individuals and society?
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sadly the answer as we all know is money. money that is drenched in blood, often innocent blood in the face of the shameful and silence. it is our duty to confront the problem and to stop the arm stre [clapping] >> three sons and one daughter of this land, four individuals
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of all dreams. liberty, martin luther king liberty. today social justice and persons. thomas martin capacity for dialogue and openness. four representatives of american people. i will end my visit to the country in philadelphia where i will take part in the world meeting. it is my wish that the family
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should be a scene. how essential the family has been to the building of this country. [clapping] [clapping] >> and how worthy remains for our support and encouragement yet i cannot hide my concern for the family, which is threatened perhaps as never before from we've seen and we thought from the relations
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being called into question on the very basis of marriage and the family. i can only reiterate the importance and above all the richness and the beauty of family life [clapping] [clapping] >> in particular i would like to call attention to those family members who are the most. for many of them our future filled with countless possibilities yet so many
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others untameless trapped in a hopeless maze of violence, abuse, and despair. their problems are our problems. [clapping] we cannot avoid them. we need to face them together and to seek effective solutions rather than getting down. other simplifying, we might say that we live in a culture with pressure. young people known to start a
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family because they lack the possibilities for future yet the same culture present others with so many options that they too are starting a family. a nation can be considered great when it defends liberty. when it is a culture that enables people to dream of all brothers and sisters of martin luther king so to do. when it strides for justice,
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as they did by work, the fruit of a face, which becomes dialogue and in the style of thomas martin. in this, i have sought to present some richness of your culture heritage of the american people. it is my desire that this continue to develop and go so that as many people as possible can inherent, which
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inspires so many people to dream. god bless america. [clapping] [clapping] [clapping] [clapping] [clapping] [clapping]
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[clapping] stuart: pope francis has addressed americas congress, some were surprised at what he had to say, it was very different from what he had to say yesterday as he was greeted at the white house. point number one, elizabeth. i believe he was very positive about america. >> yeah. he was. this -- and listening to it was a tribute to the american spirt. it was remarkable in its beauty, its language, and its soulfulness he picked out for americans, abraham lincoln, martin luther king, and martin luther king for the cause of the apress, and martin for the cause of dialogue of peace and
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also dorothy for the poor. stuart: yesterday i thought he took a political position, today i don't think he did. >> no. not at all. stuart: he didn't appear to favor the right or the left, he didn't talk policy, he talked about christian. >> yeah. he talked about values we all could embrace, how far we have come and how much further we have to go in his common spirt, he used the word dialogue a lot, we need to talk. stuart: one point he made. the golden rule also reminds us about responsibility to protect and defend human life at every stage of its development. >> yeah. that's right. stuart: i took that as a reference to abortion. >> and also a reference to profound rejection to socialist principles. it's about all social systems must be directed at the individual of all as he saw used the golden rule to suggest that he was completely opposed to the death penalty. >> yes. stuart: so he brought in
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abortion and the death penalty as defend life essentially. that was a point for both sides that he made. >> that's right. >> we should mention too we had a copy of the speech, weapon able to read along with him. there was a small paragraph that he let out, decided to omit and part of that paragraph says if politics must truly be at the service of the human person, it follows that it cannot be a slave to the economy and finance, which i thought was interesting he did not want to go there. stuart: that was left out. >> skipped over that. stuart: but what stayed in was the following quote. business is a noble vocation, especially if it sees the creation of jobs as an essential part of its service. >> yeah. and he's also calling the world to reject forms of fundamentalism. when it leads -- it basically -- individual delusion of polarization of i am right and you are wrong, he is calling on the world through the united states to enter into a dialogue of peace. stuart: he did mention global
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warming, climate change,. >> uh-huh. stuart: he said the following. to avert the most serious effects of the environmental deterioration caused by human activity, i am convinced that we can make a difference. i guess that was a call to arms to get onboard with climate change policy, but it wasn't as overt and dramatic and as strongly worded as it was yesterday. we're joined now by father, come on in, please. i know you're there, i just can't see there and neither can our viewers at this point. >> how are you. stuart: welcome, sir. now, i've made the statement that i think -- >> thank you very much. stuart: the pope's statement today was far less political than it was yesterday, that is my opinion, what do you say? >> no. i think that there were a couple of things yesterday he was a guest at the white house. he acted in some ways as someone who is responding
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politely to the invitation. today he begins his message. in something that you mentioned at the last point. he did not even mention global warming. he talked about environmental deterioration, which is somewhat different. it focuses on something that whether you accept global warming or whether you do not, you can still admit that there has been tremendous pollution of places, especially the cities of china and many other places and people who are economically disadvantaged are the ones who suffer. so he's saying, look, take care of the climate and do so for the sake of people who are affected negatively by it. so that's one of the under lying messages and you see that especially. stuart: one other comment, one other quote i want to give you from the holy father this morning. he said fundamental
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relationships are being called into question as is the very basis of marriage and the family. i can only reiterate the importance and above all the richness and beauty of family life. he's touched on a social issue straight down the middle with it, very good christian teaching about family life. >> right. and this is because family break down is a global problem. we see in our country that 43% of children are born to unwed parents. this is a phenomenon around the world that the revolution has brought a catastrophe for children because that unmarried state is one of the surest indicators of poverty, the failure of the children to finish school, the propensity
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toward drug use and the evaluation of their lives and a different static, but it is important to note that 80% of all people who are in prison are the children of unwed parents. . stuart: right. >> there's that break down that has an affect on their ability to deal with morals. so that's what he's dealing with. stuart: father, can you tell us if this will be well received by catholics who are both on the right politically and the left politically? it seemed to me that he went down the middle. >> uh-huh. stuart: favoring neither side, i think may i suggest that this would be the message that catholics of different political stripes wanted to hear. >> as a matter of fact, it's not only what the catholics of the contemporary period want to hear, but this is the same message we have heard in the social teaching of the church going back to pope leo the
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13th back in the 18 80s when he talked about the need for giving workers their rights. and after that, pope benedict, john paul the second, john the 23rd, all of them have been making the same point about getting human values in economic development. in other times they focus on the apregnancy of communist, socialist government and so on. now that those are not as big of an issue because even communist nations are accepting capitalism, there's a little bit more of a focus on how unbridled comes that don't have morals in them can do harm if you don't -- stuart: father i'm going to break away for a moment. holiness is about to break through doors, he's going to make his way to the balcony.
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>> the speakers balcony. >> yeah, the capital's west front, the crowd is assembling on the lawn in the tens of thousands. stuart: blake berman, you're in that crowd, i hope you can hear me. tell me this. what was the crowd that you are now in able to hear what the holy father said insid inside the congressional chamber? >> yeah. stuart, they were able to hear it loud and clear, they've got several monitors here and the audio was playing as well. the crowd was incredibly silent throughout, listening to every single word, every paragraph that the pope had to say and at times there were applause. certain parts of his message that they agreed with or liked and a lot of times those applause mirrored that of congress as well. keep in mind here, stuart, all these people right now have their eye trained on this speakers lobby, the door's open, a lot of these people have been waiting since 2:00,
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3:00, 4:00, 5:00 in the morning outside, it is a beautiful day, and i can't under score how nice o of a day it is, so they caught a break here. but nonetheless they have been on their feet waiting for hours and hours here's to get this one moment of the pope as he emerges, we've been told he'll greet the crowd in a form, a wave, some sort of recognition whether he speaks to the crowd, we don't know, we haven't been told of anything officially on the record. but either way all eyes are trained right now to that door as the pope is expected to emerge here at any moment. stuart: well, blake, we were watching the his speech, and i counted 27 times that he was interrupted by applause and 11 times that he received a standing ovation and there was an interruption there. now, members of congress were told to be on their best behavior and please don't do
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standing ovations, well, they did 11 times. and to me, blake, what was the reaction of the crowd, inside the congressional chamber there, it didn't appear like the standing ovations were political in nature. it seemed that they all, stuartstood at one time and all sat down, it's not like the democrats that point stood up and cheered, or republicans, it seemed equal standing ovation on both sides of the aisle. what was it like there? >> fairly right, the numbers you just quoted sounded about here. the speech was almost 50 minutes and it did seem every other minute or so there was an applause from the crowd. but, yes, as you mentioned, at some points it would be an applause from the entirety of the crowd, other points certain parts of the crowd when he talked about what some might deem as issues. but it certainly was a favorable response here, no doubt about it. stuart: blake, it appears that
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the holy father is about to emerge onto that balcony. we've seen the cardinals, they've just emerged, and john boehner just coming out, probably approaching the balcony. i think they're making way for the holy father, there's the security detail, they're just emerging from the door and here comes the pope. we can now listen in [cheers and applause] [cheers and applause] [cheers and applause]
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[cheers and applause] [cheers and applause] [cheers and applause] >> hello, everyone.
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i'm so grateful for your presence here. the most important ones here, children. a lost god to bless them. father of all bless these. bless each of them. bless the families.
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bless them all. and i ask you all, please, to pray for me and if there are among you any who do not believe or cannot pray, i ask you, please, to send good wishes my way. [cheers and applause] thank you. thank you very much and god
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bless america. [cheers and applause] [cheers and applause] . stuart: two things were noticeable to those of us paying very, very close attention to the people around pope francis. first of all, john boehner, speaker of the house, could not restrain his tears. >> he is a catholic too. and he has crying since the pope -- very first line of mr. boehner started. stuart: first 30 seconds, john
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boehner tiered up. >> yes. stuart: and moments ago out came the hanker which i, john boehner was in tears. >> he is overwhelmed with the situation. stuart: and the second person joe biden who sat right behind the pope of course along with boehner, he looked radiant, father morris, are you there, sir. >> i am, stuart, thank you. stuart: okay. now, i think today's presentation was very different from what we saw yesterday when the holy father was arriving at the white house. today i don't think he was political. i think he addressed congress in terms of christian principle and not political policy. this is my way of offering a semi apology to you, father because we went at it yesterday about the politics and his presentation yesterday. what do you say? >> i say it's francis' first miracle, the softening of the heart of stuart varney.
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stuart: you do agree with me, don't you, that yesterday was more political, today was not political. >> no. you're right. i say that jokingly and you know you've been watching attentively as we all have, when he's talking to somebody and yesterday he was talking to president obama. he's talking just to them. so he chooses to talk about things that he thinks that can be agreed upon between him and then, and we would all like to say, no, talk to all of us, tell them about abortion, tell them about gay marriage, tell them this and pope francis going i'm talking to you, let's see what we can work on together. here, in congress, he was talking to people who could make a lot of changes that president obama's not willing to change. and i think that's why he spoke in this way. but he also did it with tremendous tenderness, a friend of mine wrote to me and said it's almost like watching a wise father with his
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children, stubborn children, who he's trying to help get along and do something positive with their lives, with their mission. that's what i take away from it. stuart: now, yesterday he did not mention at all the persecution of christians in north africa, and he didn't directly address that today. but the pope did say the following. this means that we must be especially attentive to every type of fundamentalism. do you think that was an oblique reference to terror and extremist islam in north africa? >> well, he said it before not only about north africa but also about isis itself. he's talked about -- he's even said anybody who wants a dialogue with the vatican about interreligious dialogue, well, until you cob democrat isis, we're not going to take you seriously, that's paraphrased, you can't dialogue with someone like that. so, yes, he has certainly talking about extremism and
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extremism in the name of religion and god, and he did say, however, he said that could be any person of religion could fall into that. so i think he just does things in a more delicate way than sometimes you or i would do. stuart: now, he was talking to congress and in that chamber, there were 177 members of congress who had voted to allow a child born after a botched abortion to die. he did not address that. i thought he might, but he did not address that. could we say that he missed an opportunity? >> i would say so. i would have done it, i think a lot of catholics and christians and pro-life people in the united states of america wish he had said that. he chose not to, but he chose also not to talk about any specific policy or legislation that was before congress right now. he chose that as a judgment.
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he did talk about the defense of life at every stage of human development. stuart: yes. >> that is saying -- or as he did in cuba, for example, he told all the mothers to at a take their hands, who were pregnant, take their hands and put them on their stomachs and protect the while in the womb. this is not a lefty pope as he himself said on the plane or somebody who is not euro fighting for the life of every human being, including the unborn. stuart: i was surprised that the people sitting with me on the set here in new york was surprised, we expected a more political presentation from the pope, were you also surprised? >> i was happily surprised by the tone, you know? right off the bat, you know, when he said this is the land of the free, the home of the brave. stuart: uh-huh. >> and that got a huge applause and all of the -- you know, the politicians then broke the rule that they
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weren't supposed to stand, they weren't supposed to clap and from there on, you know, from beginning there, they kept breaking that rule. another great one -- i'm sorry go ahead. stuart: no, 27 occasions the pope was interrupted by applause. 11 occasions there was a standing ovation. so i guess the members of congress did not obey the rules, but it didn't seem to matter very much. it was a presentation, which i think will have ripple effect throughout our society. father johnson, we're looking now at the holy father leaving the building where he made the presentation. >> uh-huh that's right. right behind me here. stuart: all hear this. >> this is him coming out. getting into his fiat 500 over there. stuart: it is little, isn't it, father? >> it is very little and very funny. stuart: it's the ultimate impact car and the pope is sitting right in the back of it. >> got a giant key on the back. >> stuart, i should probably
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tell him that we have a wayward soul over here and talk to stuart right here on air if we can get him over. stuart: i'm sorry who do we have with us? >> i'm saying maybe we can get that fiat come talk to you, the object of his first miracle. stuart: i'm sorry, father, i've got somebody speaking in my ear. i did not catch who you have with you who is about to address me. >> i was hoping that pope francis would drive over here . stuart: oh, i'm sorry. >> in his fiat and talk to you and tell him about what happened to your heart stuart: in the unlikely event, the pope would wish to speak to me, i would like to speak to him. however, father, thank you very much indeed. i have with me now senator james lanford, republican oklahoma, senator, welcome to the program. we've been saying -- we've been watching of course the pope's presentation, we are saying -- i am saying that it was not political in nature. it was heavy on christian
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principle geared toward individuals, rather than geared toward political polic policy. what do you say, sir? >> i would say. he was very careful even in those words that he did not talk about faith, there's been a lot of areas directly under assault by the u.s. government, the counsel bishops being prohibited, the adoption agencies, all these different things happening but very careful when he talked about the golden rule, he seem to also practice that in his speech and lay out his set of ideas and principles, evening around the beginning of it around moses to say moses was the lawgiver and also directed us toward god and that's a good path. so from someone coming from a faith perspective, it's a good thing to address a nation that is in desperate need of walking faith back to faith. stuart: it was in no way confrontational, i don't think the pope picked a fight whatsoever. it was straight down the
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middle. >> yeah. there were multiple opportunities to be able to lay out confrontational things and be able to say this is a problem for both the church and the government, but he chose not to do that and was very, very careful in his words. now, obviously we that are elected have to continue to be able to unpack and be able to walk through because there are serious faith issues that we're dealing with as a nation. but this is an issue he chose to be able to set a principles down and be able to smile and walk away. stuart: would you have preferred him to be more confrontational? would you have preferred him to state his case on abortion? state his case on the family? would you? >> i am very passionate about those issues, i know he is as well. i always prefer to be clear in say here's what the bible says, here's what we should practice as a society as well. i think that's a basic principle for someone of faith for people who choose not to have a faith, they're going to have a different set of standards. but my practice is to be clear when you deal with issues of faith and he has that issue of
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platform to be not only a world leader but faith leader as well. so it's always my preference to be clear and blunt and that's the nature of it, he gets the opportunity to lead out in the way he sees best, and i would honor him unless. stuart: members of congress were told not to do standing ovations, but i counted 11 standing ovations. >> right. stuart: were they, in fact, political standing ovations, in other words, did the democrats stand up for one thing and the republicans for another? was it equal opportunity of ovation? >> well, we did see a little back and forth otto vacations. they told us this is going to be more of a faith presentation and then when he said at the beginning of it america is the home of the land of the free and home of the brave, then it broke. for instance, when he talked about life should be protected from beginning to end, the republicans all stood and a few democrats and the majority of the democrats stayed seated and didn't respond to him saying life should be protected from beginning to end. when he talked about issues from an environment and we need to be able to stand for
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environment, the democrats multiple times jumped up and downs, multiple republicans clapping about it. stuart: thanks again for joining us, sir. we appreciate you for being with us. on what is an extraordinary day. >> it is extraordinary, thank you. stuart: i'm going to break away for a moment and take a look at the markets. the markets have nothing to do with what we just saw from pope francis on capitol hill. there's no connection between the two. however, we should point out that the do you just industrial average has taken quite a tumble today. again, no connection with the pope whatsoever. right now we're down 226 points, that puts the dow just above the 16,000 level, caterpillar is a drag on the dow industrials. >> yeah. stuart: caterpillar is down 6%, what was it, ashley? >> closing down plants, 10,000 jobs by the end of 2018 and also, you know, bringing down their revenue forecast, all of that combining to obviously hit the stock, but it is weighing on the markets. >> that's about 30 points of
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the dow. stuart: that is a huge hit for a stock of that size. >> yeah. stuart: the importance of that company to be down 6.5%, even in down market, it's still a big dob. >> right. stuart: and, by the way, john deere, another related company, somewhat related, separate from caterpillar, that is down 3%. >> yeah. stuart: so you've got to carry down amongst light minded similar companies. john deere down 3% as we speak and caterpillar down 6.5%. john deere is back to 75. >> speaking to real concerns about the global economy, stuart. >> new home sales in august, though, were good. they came in at 552,000. stuart: i think ashley's right, the deer movement and the caterpillar about the global economy and in china in particular. >> yes. stuart: congress man jeff is with us now, congressman from nebraska, you were in the chamber like everybody else from congress, i've been
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saying, we've all been saying this morning that it wasn't particularly political speech by pope francis. would you agree with that? >> well, i thought it was a very warm speech and inviting speech, particularly when he began with america is the land of the free and home of the brave, i think it really set a tone for a great respect that he has for our country, an understanding of our tradition, he's never been to the united states, so i thought that was the right tone to strike and people are always going to try to look at particularly here in capita capitol hill what he said through political,. stuart: there was no confrontation. there was no grand statement of i'm going to go get them. of course that's not what the pope would say but there was no confrontation whatsoever in that speech that i could see. do you agree with that? >> well, i think in the pope's own words, urging us to be in dialogue with people who we've had long-standing runs of disagreement with, where there's been systematic
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justice, try to seek dialogue, i think he was playing his own principle, seeking dialogue with the united states congress, giving a vision of what could be, what can be in the face of many, many challenges. so, no, it wasn't confrontational. i thought it was inviting. stuart: we have advance copy just a few minutes before he spoke, we had a copy of what he was going to say. here's a sentence that he missed out. the sentence was if politics must truly be at the service of the human person, it follows that it cannot be a slave to the economy and finance. that sentence was left out. but this sentence was in. business is a noble vocation, especially if it sees the creation of jobs as an essential part of its surface. so he took out an anticapitalist sentence and left in a pro business sentence. so that to us was something of a surprise. >> he also referred to the spirt of enterprise and seeking justice for all persons as two concepts that can be inner related when you
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have two free market principles that are working where people are entering into benign competition that actually benefits one another through exchange where one person receives gift or good from another and then is paid and therefore they can take care of their families and seek opportunity. it's when you have this rugged ideology taking over, whether it's in washington or wall street that is corruptive of true market free principles that would lead to the solidarity of the community. i think that's what he's driving at. stuart: i'm going to read another quote to you from the pope. and he said this. i want your interpretation if i may. the golden rule also reminds us about responsibility to protect and defend human life at every stage of its development. your interpretation of that, sir. >> well, clearly that's the essential of human -- human dignity. you must defend life whether that's the unborn child or as the pope always wanted to include the migrants and the elderly or the young person seeking their way in life in
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spite of many, many problems. so the whole spectrum of human life as it begins at conception, the unborn chile, the dignity of family, the dignity of marriage, all of these were the basis of civilization itself and a truly and just good society. i thought he wove those in without being confrontational. but he did put them in. stuart: viewers are watching that very famous fiat 500 bearing a -- i think a couple of rather burly secret service kind of guys and the pope himself. he just emerged from the fiat, where is he, liz? >> he's heading to st. patrick's catholics church there in washington d.c., only 60 fruitioners will be meeting with them now, they include church volunteers, also, you know, clients and volunteers from the catholic charity. stuart: so he's entering that church as we speak and inside that church he will meet with selected fruitioners.
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>> yeah. where they feed the homeless and poor. stuart: before you leave us, one last question. >> yes. stuart: what would you have liked to hear from the pope today that you did not hear? >> well, what i did hear was, again, an invitation to dialogue and affirmation of the experience that has been lived out by america but a direct challenge for us to continue think about systems that are not oriented toward solidarity, that are not oriented toward the good of person. if there was one thing wanting, i think he could have expanded slightly more in terms of specifics on protecting the dignity of life of all of its stages. but other than that, i thought it was a poetic expression. stuart: it was a wonderful day. remarkable historic event. congressman jeff, republican in nebraska, thank you so much for joining us. we appreciate it. >> you know, we were talking before as ashley pointed out, he mentioned the word dialogue a lot, at a time when congress is in partisan gridlock. so neither side of congress can take what the pope is
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saying to support their views, but this comes at a time when faced a government shut down, somebody in the spirt of levity said they're in congress, maybe they can face the budget. stuart: chris joining us, obviously, chris, you were watching the pope's presentation today. and, again, we've been saying all morning that the pope surprised me, it was nowhere near as political of presentation as i was expecting after what he had to say yesterday. your reaction too, please. >> well, i do not blame you for having miss apprehensions about what the pope would do based on the incredibly stupid coverage that the washington press core has provided of the pope's visit in advantage. they're often in error but seldom with such enthusiasm to talk about things that they don't know about and most of them that includes religion. so here comes the pope. i had no expectation that the pope would stand in front of a joint section of congress and
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call for windmills or to denounce abortion, but instead he spoke like a pastor, he spoke like a person who was trying to be heard, not somebody who was trying to talk. those are two different things. and he was trying to be heard, and he was trying to get his message out, which related to, yes, things that liberals embrace and, yes, things that conservatives embrace, but he did it effectively. he's good at what he does. stuart: he said the following, chris. business is a noble vocation. especially if it sees the creation of jobs as an essential part of its service of the common good. wasn't expecting that, chris. >> good politicians and the pope is one, know how to deal with expectation. so the pope comes into an expectation that he is going to give a thomas lecture, he is going to invoke marks and angles, he is going to scream against capitalism and said something flattering about capitalism.
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he is expected that he is going to come in and soft pedal on abortion and life issues but instead he comes in and talks about life. and he beats expectations, he gets people to listen, he gives everybody a good time and a good speech and then gets in the little car and motors on. stuart: gets in the car and motors on. >> there he goes. stuart: overall, would you say that this is a political visit? not the speech today perhaps but the visit overall is political in nature and the pope is closer politically to president obama than he is to any republican? >> well, my hillbilly ancestor jumped out in catholic church about 500 years ago. so i'm in no position to say exactly what the purpose of his visit was. but i can say this. i can say that he comes not just as a spiritual leader, but he is also the head of the state, the vatican, and he comes in that capacity. and when he comes politically
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what he's looking for is to make sure that he and his organization, he and the catholics around the world and the leadership of his church have a feet at the negotiating table, which is something he did not have or not nearly as much as his predecessors would have with president obama when it came to the crafting of obama and other things that relate to religious conscious. he was not included, his church was not included in the way he wanted it to be. i would say he has gone to the good that count with this visit. stuart: chris, thank you very much indeed for joining us today. excellent commentary and coverage and we appreciate you being with us today. our viewers are now watching pope francis, he is inside the church, the name of that church -- >> st. patrick's. stuart: inside st. patrick's church right there in dc. about to meet fruitioners,. >> 60. stuart: who won a lottery to get. >> local catholic charities. stuart: will he conduct a mass at that church, i don't know.
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he's approaching the alter as we speak. i do not know whether he'll conduct a mass. i don't think he will. i think this is a private meeting. >> yeah. that's right. >> exactly correct? >> it's where they feed the poor and the homeless. stuart: also in the chamber watching the pope was judge napolitano. judge, welcome back, good to see you again, sir. >> always good to see you, stuart, no matter where i am or what i endured. stuart: what do you mean. >> well, i'm trying to provoke you, but i would be of great respect to my colleague who knows far more about politics than i do, this was more lyndon johnson than shulton. stuart: i didn't take it as political one side or the other, i thought it was pretty much down the middle, and i was surprised that it was less political than it was yesterday. >> you know, it was less political than yesterday. there's no question about that.
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but i don't know to this moment having listened to him live and having read the transcript afterwards, we didn't have a transcript in there and it was difficult to hear him. i think we probably heard four out of five words. i don't know if he was talking to members of congress as individuals or members of congress as the government. if he was talking to them as individuals, this was a fine sermon about the need for individual responsibility and the moral obligation that people have to care for those less fortune than themselves. but he was talking to them as the government, he was talking to them as if they were a general legislature that can right any wrong and regulate any behavior, attacks any event without respects to the limited nature of our government. so i don't know what his goal was. i was surprised to hear him attack the death penalty, but disappointed that he attacked abortion with the same vigor. he should have attacked abortion with far more vigor, the death penalties
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administered by the states, abortion is paid for by the federal government. i don't know if he knows the difference. stuart: it was if a more than that. he did not strike position on these issues. the golden rule also reminds us about responsibility to protect and defend human life at every stage of its development. that's important. >> yes. it's important. but my comment to you is he used about the same number of words and the same logic to attack the death penalty, which kills guilty people and they're not poised at all. but let me say this. he's very elegant, he's very moving, my eyes swelled up when i first saw him, and, stuart, i had the best seat in the house, i was on the 50-yard line, and i swear i made eye contact
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we are back to fed watching all over. >> your favorite. stuart: the credibility.
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ashley: the lack of confidence that the market. ashley: constantly moving the goalposts. stuart: by the way, to people or that this morning said they do this for a living. if janet gallen raises rates, the stock market goes up. i haven't heard that ever before. finally. the confusion is gone. liz: the nike motto, just do it. trendy right now the dow jones average to 28. the s&p 500 and the nasdaq down for the year. so the three major averages. the dow, nasdaq and s&p are well down for this year. some of them i believe are in correction territory. more than 10% from their highs. certainly the dow, caterpillar is going to restructure, laying off 10,000 people.
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the stock alone down for bugs. that takes 30 points off the dow industrial. how about the price of gold on a day like this? it is a $24 higher. 1155 on hold. gold stocks, some of the best performers today. a big selloff elsewhere. gold, anglo, all of them on the site today. at 875 -- that is a nice rally for the gold mining stocks. let me bring you in some breaking news. while the pope was speaking, reports that volkswagen has picked ahead of porsche to be its new ceo. porsche is a unit of volkswagen. he was just elected by the vw board. he replaces bitter corn. he's resigned because of the omission scandal. one from porsche, one for an
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audi. there is a gigantic company. we've got audi is vw, bentley is vw. porsche is vw. i'm probably missing out a couple of marks here, but nonetheless, they are al in this big umbrella and they've all come down early% in value this week alone. nowadays, the white house confirms president obama will meet with russia's president latimer putin. the meeting will take place here in new york city. the white house says it wants to engage mr. putin regarding the situation in ukraine and in syria. monday, the meeting at the u.n. and, president obama and mr. putin will get together. were we going now. look who's here. sitting right there, right next to me. you saw the pope.
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you heard the pope. >> are you going to read me the pro-life line? trying to guess, the golden rule reminds us a responsibility to protect and defend human life at every stage of its development and the day before yesterday, vice president joe biden said yes, life begins at conception. what happens if he is the democratic candidate? with that stance on abortion. >> i don't think there's any question as to when life begins. life begins at conception. i believe that. at what point does it become the duty of society to protect it at one point is that our own individual decision? are we going to charge mothers with murder if they were raped and want an abortion. are we going do go up to 20, 24 weeks, whatever number we come
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to you because i know republicans want to change that. stuart: it is a moral issue. if you say life begins at conception and you allow society to and life after conception, then you are killing an unborn child. >> it is a moral child for a person to either deal with themselves. stuart: which is a poor joe biden as the presidential candidate even though he holds those views? >> i would support him. i began life begins at conception. i believe once you have the and egg, like when you plant the seed of hope water companies start to grow the speed on transient. ashley: you still have the moral question of killing it. that's the truth, isn't it? >> this is a legal question in america. you have to separate church and state. we have moral issues in america and nickel issues in america.
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if abortion is illegal, what are we going to do? we are going to criminalize women and doctors. stuart: i understand. have you seen an ad on youtube from carly fiorina? >> yes, i've seen it. it is hard hting. >> it is false. what she claims does not exist. liz: the videos do not exist. stuart: i'm very sorry that the video exist and is included in carly fiorina sad. >> now, what they've done a slice and dice videos and put them together to be what they say is the truth. stuart: assures the baby fully formed and the like is moving. is that a model of the child?
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where would you withdraw your statement? >> no, i am not withdrawing it. you don't know where she got it. stuart: are you implying in a state? >> she wants planned parenthood to be completely defunded. yes, i am. i'm sorry. liz: they have the technician talking. i know you are saying. that is the video carly fiorina is saying i am right. if people criticize them you're wrong, the video does exist and that is what i'm referencing when i said there is a baby kicking at 19 weeks. using that an example of when the technician is talking about harvesting the brain of a baby. stuart: carly fiorina has a very
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interesting campaign. you are saying it's fake? >> i am an attorney and we deal with something called evidence in chain of custody. where did this video come from? who put it together? what is the evidence? you can put something out and say this is real. stuart: i would like to see hillary clinton go on the air and say that video is fake. >> obviously it's a real video. we don't know where it came from. the fake isn't the right word. it is doctored. stuart: i don't see how you can say that. >> i would like more evidence. i would like to know where it came from, who put it together, who are these people? you can make a huge campaign ad without the evidence.
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stuart: is an extremely powerful add-in i think it will give millions of players and democrats will have a hard time with it. >> well, i just want to know where it came from. stuart: but if you think about joe biden? he was sitting right behind the pope in congress. he looked very much gun kind of guy. he was in in tears speaker boehner. it looks like this man is running. >> i think he is going to run. hillary is losing all of her sting. he is getting more support. that is what is needed all this time. to some coddling and pushing them if it takes a spiritual moment with the pope. stuart: very interesting to see you back on the defensive, tamra. >> can we not talk about plant parented because i always get bashed for this? stuart: it is a pleasure. thank you very much. come on back.
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with us now, senator mike rounds, republican, south dakota who was in the chamber this morning watching and listening to pope francis. we have been saying, sir, it was not as political a presentation as yesterday. it didn't appear to take sides on the issue of policy. you say what? >> i say he came to have a dialogue with us. he was trying to send a message we have a responsibility. we were the elected representatives of the people of america, one that can do better and many had a series of suggestions we can remember. some of us had thought earlier that maybe he would come in and give us holy. he really didn't do that. he came and visited with us. stuart: he came across looking for christian individuals to
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look at their sole as opposed to groups of people. it is a nonpolitical speech in my opinion. is there something you would've liked to have seen in that speech that wasn't there? >> i had expected perhaps when we talked about the value of life, and i suspected he might say more in that regard he was careful how we placed it. he talked about it, brought it up and those of us that are pro-life good enough to where once again in his support for the sanctity of life, which you always knew what was there, but it was nice to have them say once again. stuart: would you say was the remarkable historic occasion? >> most certainly. those of us there in the chamber to come in to share in such a fashion he talked about the good and all mankind, treating one another there's not much you can disagree with. >> you are in south dakota.
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>> north dakota is why they've got resources coming in. we are providing services. stuart: you didn't want to hear in a climate change.bar policymaking, did you? >> no, not really. we wanted to talk about those in the environment, we believe you are supposed to take care of the environment. we just want the types of planning and proposal that will make an impact on it and not something that would destroy our economy and respond to environmental needs in the future. stuart: he said we should avert the most detrimental effects of human activity. how do you feel about that? >> not much there to disagree with. stuart: a full frontal statement that global warming is real,
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it's even cause. he did say that in so many words. >> most of us would say humans do impact the environment and we should do our best to protect the environment and go to the next generation. the question is which policy is the best job and let the expenses are involved and can we afford to make it sustainable? ellis talks about a sustainable policy. if you go broke doing it, you will not sustain it. stuart: he didn't recommend a fix for the environment, a policy. >> he did not, but once again it was up to us as a leading country to do what was right to use technology for the betterment of mankind. he has that in several different areas where he talked about is doing what we could to make things better for everybody. stuart: it was a pleasure. thank you for being with us.
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much obliged to you, sir. on your screen on the left-hand side you are seeing pope francis at a catholic church in washington d.c. he is meeting with and addressing 60 parishioners who were chosen by lottery to be there with the pope on this occasion. that is what he is doing as we speak. he says pope francis got called in prayer to open our hearts to charity. that is not a political statement. that is a christian statement. >> i agree. keeping the poor is the focus of what we do. stuart: and he did that throughout his presentation today. i was pleasantly surprised. nonetheless, that is my position. >> he's a busy guy. he will be leaving washington at 4:00 p.m. and arriving at jfk and at st. patrick's cathedral in midtown manhattan given a
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prayer service at 645 eastern time tonight. he's had a fall, bombay and i expect the same message throughout. >> is this a warning to others in new york city? and the heads of state plus the pope. stuart: the news is that president obama will meet with vladimir putin at the u.n. summit in new york. i believe it can take place on monday. he is face-to-face. that is a summit. new york is quite a place. ashley: i know xi jinping is going to d.c. do you happen enough is coming to new york? >> you will come to new york for the united nations as well. the estates they said that he has planned will be very tense
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because he's just come off a meeting and we can show you a picture and olive silicon valley. the ceo of amazon, tim cook of apple, all trying to bend his ear, to talk with him about cyberpurity, investing in china. stuart: yeah, but he wants to. xi jinping, he wants technology guys to open up so they can see what is on the internet traffic. that's what he wants. >> certainly a huge battle about intellectual property as well and that it's been a big sticking point with the companies going into china. the real issue instability of the chinese economy acn blocks facebook. by the way, he spoke chinese to the chinese president yesterday. he is working on speaking fluently so his number one goal is to get facebook i'm blocked in china.
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from xi jinping's dave, if you allow people to speak freely, the legitimacy of the party. stuart: zuckerberg once xi jinping to allow facebook in china, to come back. and xi jinping wants to see what facebook is in china and what people put on facebook. >> is inherent interest is controlling the great information for companies want to do business. face the dozen days i'll add to china's companies that want to advertise on facebook even though it's not available. think about the mentality going into the working dinner tonight. president xi jinping will meet with secretary of state kerry should talk about not just cybersecurity, but human rights and other issues in all of this conversation will cover the tone of what he said. liz: haven't they tried to get the the algorithmic code to
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google and facebook to break into those sites and monitor? >> there have been allegations they had the opm as well. they are reportedly working on economic distinctions. stuart: below the fall, headline. sleuths point hacker to chinese military. report whether the state-controlled cyberespionage. >> it's been going on for years. you have units within the military. stuart: the journal has identified on the day -- fascinating situation. high-level dialogue. >> and lots of low-level problems that affect everybody. stuart: we are down 218 points. the next guest says the stock market declined in all the volatility will go well into
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2016 and maybe beyond. the solutions they yell is with us. do you want to see a rate increase in end for scotland, do you think the market would go up? >> i think we saw the rate increase would go what. is what we need and the strength we need. stuart: you are the third program is as if rates go up, the stock market goes to the knife never heard that before. >> the insurance companies and pension funds need that. i think we have a lot of volatility in the market, but it is something we need. we need that positive vibe from the fed. stuart: you are saying the volatility and declined will continue well into next year. is that conditional upon interest rate stayed flat near
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zero? we get the downside you're talking about? >> either one can happen if rates go up. it will help not to have a sharp decline for that can happen if we don't see rates go up. they were still have some steady decline that will give a better base. stuart: at the money kind of guy in the business, are you urging clients or yourself to sell? >> i would definitely still be selling and moving to safety. we still have a good chance of a major decline and i don't want to see that happen. moving to safety. stuart: what is the safe harbor? gold, treasury, cash? >> it is all of the above. gold has seen its bottom and i can see that going up in the near future because the stocks haven't seen that. we are still within a bear
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market and we've been in it for a while. we haven't seen the next acclaim coming now. stuart: everybody knows you're in the financial business. do people walk up and say there's a crash coming question or >> i've been hearing that for a while. i've definitely been with all of my clients bringing them to safety, and taken a big gains off the table and getting them back to safer ground and giving them a better balance within their total portfolio. especially looking at retirement. stuart: it's a difficult day, but we thank you. you've got clarity and we appreciate that. we like that clarity. hard to come by commodity this day and age. thank you, sir. much obliged. the markets down 200 points. we been done between 20240. much of the last couple of hours and
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we are down to a five over 1%. remember, if the dow closes between 16,000 today, it will be the third time this year and not a point lower. liz: agreed. the fear is the bear market. stuart: clarity. thank you, indeed. give me some more clarity. the price of gold is up today. twenty-three dollars to be precise. the treasury bonds are up in price coming down in yield. and now we are down only 198 points. i'm not going to say this is a combat. there you have it, everyone. the stocks are down, gold is up, bonds or rep, interest rates
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down. the price of oil is $44 a barrel the news of the day, the downside move in the price of gasoline lasted. it is over. it went up a fraction over night. with that, i give you neil cavuto. >> you are incredible. you cheapskate army are worried about gas. after church, young man. thank you area, very much. marked on capitol hill today. fair and balanced. he made overtures to liberals. not that the pope was thinking that, but he made nine references that liberals would like. he made nine references that conservatives would like. you talk about an equal opportunity fair and balance bastion of the left. after reminding

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