whatever. >> you should tell him what you told us. with this tax plan you will work until you're 80. stuart: okay. he is right there. neil cavuto, i did say, i don't think you heard this, but i did say with a tax plan like that, i will work to i'm 80. how about you? neil: that surprises me. i thought you were 80 now. >> oh. stuart: very good. neil: i'm kidding. you set me up. stuart, that trump speech was so great we'll rerun it. it was so phenomenal. it was like tv magic. thank you, my friends. stuart varney is not 80. he is 79. wall and broad a major selloff going on despite donald trump. but he did say if his economic plan came into effect we would be off to the races. down 223 points. china very big reason for that. renewed indications their factory sector is slowing down fast. if you believe the numbers coming out of there. be that as it may they're selling and asking questions later.

but it is the donald trump tax plan getting a lot of attention. first time donald who has spoken in platitudes and sort of vague generalities as if it other candidates have not by the way, both now and in the past, crossed some ts, dotted some is when it came to a plan that would reduce seven tax rates to four with the top rate, coming down to 25%. the devil is in the details and how he would pay for that. 2 trillion we hold abroad he would give a tax holiday. he would also take away generous provisions for very wealthy folk. we don't know what the provisions are, how we limit deductions or who would get hit hard. upwards of 30 million tax-filers, wouldn't file taxes at all under that plan. charlie gasparino, is here. david asman, dagen mcdowell. dagen, what do you think? >> i think he is a terrific salesman. in some ways he is being very intellectually honest with the american people because watches made, oh, the bottom rate going

to zero percent and 75 million households. that is more than half of households will not be on the income tax -- neil: that is only part that bugs me. i think everyone should have skin in the game. >> you know why it is honest? that is reality we live in. roughly half of households pay through no net income tax. they go through motions and take deductions but they're not paying anything intoism. neil: i understand that. >> under 50,000 the average tax rate is only 4%. on people making less than $50,000, they only pay about 6% of total taxes in this country. so he is just taking it -- neil: i understand the math. my view, if you redue a system, everyone with skin in the game worries about the game, right? >> absolutely. neil: if you don't, i don't think it should be 25%. >> we should characterize what that is, what that really is. that is called a gimmick. it is basically a class warfare gimmick. >> he is a salesman.

that is what he did. >> classify the viewers to what it is. neil: what do you make of bush's? >> bush is not eliminating all taxes for people. he is not proposing that. i will say this, it was extremely well-sold. we'll see how he scores it. that is a big thing. as i predicted, didn't see one expert behind this thing. he hasn't unveiled it. i think that issue. net-net, you got to like this. politically my friend david asman and old buddies at "wall street journal" they will go crazy. this is supply-side econmics. neil: what do you think he will make bit? >> he undercut all supply side, remember club for growth, remember the ads they took out against him? this pulls out the rug from them. neil: they will look at that as a tax hike. >> i hate to disagree i think you're dead wrong. neil: i fully agree with you. they're an ungrateful black and

white group. >> i woos at "wall street journal" editorial marriage 1980s. i was at home of supply side guys. they will love this plan. neil: not club for growth. they hate them. >> remember what the top rate was when ronald reagan left? 28%. this is as close to the 28% figure as i have ever seen. not rubio. that brings top rate -- neil: out of the blue he criticized that guy. >> 35%. this is down to 25%. that top marginal tax rate is what supply-siders care most about. >> tell you something, club for growth wants to go after him on this, not his past statements, on this, they will be destined for irrelevance. they are irrelevant. neil: i concur. >> a couple of issues. he got rid of a lot of deductions, except, ta-da, real estate. neil: leaves details further up the food chain you go how much you limit deductions. >> i agree with you, more than half of this country not paying

one penny to fund our military. you talk about, wanting boots on the ground in iraq, we need to really prop up our military, we need to pay them -- neil: doesn't have to pay a lot. not saying they pay 25, but something. everyone should have skin in the game. >> we should point out in his defense, i'm not saying i defend him, in his defense, working-class people, middle class people, pay very regressive. >> not for military. >> listen what i'm saying. state level they pay very regressive taxes. maybe federal government should give them a break. >> this is about incentives. trump understands incentives like nobody else running for presence. people incentivized to make more none any. more money you make more money you keep unlike we have now. won't have pennization for success we have under this plan -- pennallization. >> donald takes three steps forward and take as step back. did he have to talk about 40%

unemployment rate? i like to see that economist. >> like talking about the soccer field, paying million bucks for a soccer field for terrorists. >> the fact that he -- wouldn't you want to see that. neil: who are they? who crunched numbers. >> likes the guy with the british accent. neil: what is wrong with that. >> that old chestnut, i will cut more waste out of federal government. neil: that is james cagney. real quick. >> funding his own campaign. why is he asking for donations on his website? neil: is he really. >> says donate now. there is a little -- neil: i did not know that. >> if you're english be give twice. i love your accent. >> it is jimmy cagney. neil: this is what we know of the tax plan. the danger with releasing details even with spot at this details, they don't necessarily richly reward you in the polls. dangers on that and sort of overinforming people. jeb bush tried that. scott walker tried that. we know chris christie tried to do the same with entitlements,

specifically social security. they're not firing on all cylinders when it comes to these polls. so is this a mistake on trump's part. what do you think? >> that is a good point. you look at christie, talk about third rail stuff. there is a reason you call it third rail, you don't bring in details of social security because you bring in details how you fix it you alienate people. in donald trump's case yes we have a new tax plan but if you look at his website, there is three issues, second amendment, immigration and now his tax plan. even in the tax plan, neil, as you get into real details how this happens, ultimately the tax plan donald trump presented today, i'm lowering taxes for everybody. then you're saying but what loopholes are you going to close? those details are to come. we don't know yet. neil: one thing i know he did, could maybe his experts delineate this, $2 trillion held abroad, if you tax it at 10%, whatever he is talking about, get the money home, that would

pay for a lot of this frontloaded tax receive. then the boom you get afterwards, presumably after ronald reagan tax cuts, would ensue and more than make up for the loss of immediate revenue. so he has the broad makings of something here that could appeal to let's say supply-siders. what do you make of that? >> i think that's right. trump obviously has his own expertise when it comes to business taxes. he probably the most adept of the field in terms of understanding what it means for to run a business. he is a bill irthat. he is the guy has to pay so much to the government. in fact if you were a real sin sin -- cynic, you might think this is one big into donald trump. neil: if money is taxed to degree it is he could bring it back home that will mean he said millions, but i dare say hundreds of millions of dollars for his company. >> that would be a big deal for him. one reason you don't see experts stand up there with donald trump. he figures out his salesmanship

is superior. obviously it has been. he realizes once you get in to details and people really start cross-examining you all you do is open yourself up to the downfall. donald trump never pretended to be expert in most most of these issues. i will get right experts in front of me when i need them. i will get really smart when i need to. so far he avoided it. that stick out to voters. look at last debate -- neil: you might be right. he comported himself fairly well. we don't know what will happen. vince, i want to thank you. >> sure. neil: when vince was speaking, we're learning that they have found evidence that there is liquid water flowing on mars. this on the same day donald trump is offered a tax plan. coincidence? i think not! it is coincidence. i didn't want you guys thinking -- calm down. fact of the matter is, a lot of business titans might have differences with donald trump but on the key issues matter

moving this country, carl icahn says, you know what? this guy is the guy. take a listen. sounds to me like trump is your candidate. >> oh, he is. i think he is the best by far of any of these guys. he definitely is. hey, somebody could come along, between just could come along in business maybe, you know, or maybe you don't. hey, i disagree with trump on certain issues. i will talk to him about it but right now he is definitely my candidate. there is nobody close. neil: all right. we'll have a lot more from my exclusive chat with carl icahn on tomorrow's show. suffice it to say he likes what he is hearing out of the donald. to adam brenter, freedomworks ceo. what do you make of that, adam? one of the thing carl icahn pounded that traditional politicians get you traditional solutions and this is outside of the political pietri dish. so go for it? >> well, i agree with that. traditional politicians tend to

get you exact same results. i'm pretty happy when i look at field, some. people leading, people like carly fiorina and ben carson, people like ted cruz, traditionally been on that new guard, outside guard of republican politics. people who are tending to fall by the wayside, tend to be candidates of old or jeb bush, rightfully or wrongfully completely perceived, mostly rightfully, perceived as traditional, old-school republican gop candidate. neil: adam, the rap against these guys they can't adjust. with exception of michael bloomering about of new york, whatever your political feelings, it is very tough for a business titan to come in so used to calling the shots, not that they don't have shareholders and investors an customers but they do call the shots. and this is a matter of shared power and twisting arms, and making sure everyone goes along. not by fiat. >> go back to the last election,

i remember reading "wall street journal" one morning and i read a mitt romney op-ed. it was 40 little tweaks he would do to improve the economy. at that point i knew we lost it. neil: good point. >> problems we have are not about 40 tweakses. get in there. rip some of this up. unleash this growth. that is something i watched some of your earlier speakers critical about trump. i've been critical of trump at times but his tax plans, all the tax plans i'm seeing come out they're moving in very pro-growth direction. that is very exciting for me. neil: adam, thank you very, very much. this young lady has differences on certain issues with donald trump but not when it comes to galvanizing a whole entire public now really jazzed by a big thinker who is sort of happily break some glass. gina lowden, with us, right now. >> hi, neil. neil: is he registering? >> oh, he is so completely

registering. this is, almost like great theater. watching the way donald trump sort of sits back, stays his course, stays with his plan and eviscerates criticism. the latest criticism he didn't really have a plan. he would not go into depth on any policy. obama had major foreign policy speech and all we talk about is donald trump. neil: that is true. sort of odd contrary sort of event. i wonder, gina, i thought, i have no biases in this race, no cannon in this race he comported himself very, very well. got beg picture right. signaling details, my people will get into that. his broad parameters are lower tax rates for everybody, even though a lot of people are paying nothing under this plan. populist in its approach, idea we need a boom. this is way to get a boom.

we need to pay for it, giving tax money held abroad, by the way you have to forgive it, is a way to pay up front. broadest of measures he has something here. >> neil, think how portion, showing businesses back to american soil. think that how appeals. jo six-pack, part after union, and usually votes democrat, out of what he does by habit, this time he will think about wait a minute, if he will bring jobs back, to america, i may have to reconsider my vote. is that guy really going to vote for hillary clinton in the midst of all this? i don't see that. i think he is pulling people in. neil: do you think that the as candidate, regardless where you stand on the republican field, they're joined at same cut taxes a lot hip. >> sure. neil: we don't have their plans but enough of them from

jeb bush's to marco rubio, to john kasich's they want to cut taxes substantially. for some looking at that reagannesque approach to things, the world is their oyster, right? >> the world is absolutely their oyster. really fun part about, if you drill down what is causing, reaction among the american people, to what people get excited about, even what the media is responding to, neil, it is that sort of blatant honesty and radical revamping of free enterprise, really appealing to americans. somewhat earlier on your show, called it, capitalist evangelism. i think that is happening right now. i think those of us who are watching our economy tank for all these years, through both democrat and republican administrations i might add, are loving this newfound honesty, this newfound commitment to freedom and free enterprise. neil: gina, good seeing you. >> you too. neil: while selloff ensues while

vladmir putin is speaking at the united nations? is there a connection? no. but this water on mars, that is all the connection you need. what does putin think of that? after this. not really but, i married it all together. you both have a

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switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. neil: all right. we're monitoring vladmir putin. i think he is still speaking at united nations. can we take a peek at that? he is announcing creation of a broader international terrorist coalition with muslim states as key members. he already talked about syria, iran, iraq along with russia, joining forces to weed out isis elements but, some of these muslim states and all have their own nefarious pasts. christian wright wonders ahead of a planned putin-obama meeting whether this would come up? strikes me as the fox taking

charge of the henhouse here but what do you make of that? >> yeah. it's, well of course there are a number of muslim majority states fighting isis, al qaeda and others. they tend to be our allies or were. neil: not mentioning those guys, i think mentioning in broad generalities these other guys who are bad guys. >> right. this is the key question, what comes up in the meeting later today, between putin and obama. what the obama administration wants to hear is that russia is getting involved in the middle east to help them out with isis. fight isis and gee the administration also thinks iran is willing to help them fight isis. now all of the players have their own secondary goals which are quite harmful to our interests. that is what putin is trying to insinuate, plus a lot of doublespeak how russia believes international order in the united nations. neil: you these players better than i do, but gary kasparov, great global chess player, that putin is chess player himself.

playing the game locking the president into a bit after corner here. all right, if you're criticizing me for aligning with iran helping syria, you just scored a deal that helps iran more than i could ever help iran, right? >> right. there is that factor. and, if you look just as far as the chess game goes that putin with, a much weaker hand, sorry to mix metaphors there, goes striding into syria, getting a base on the mediterranean for the first time since the cold war. this is new hybrid warfare putin is so good at. used it in georgia and ukraine. expanding russia's influence at very low cost is what he has done. neil: what happens with all of this? putin called for meeting with the president while they were both in new york for this u.n. general assembly meeting. why do you think he did that? what does he want out of it, outside maybe sanctions rolled back, regarding ukraine issues, other issues, what? >> putin just like other strong men or dictators does need the

trappings of statecraft in order to secure his position. russians don't like being isolated there. is theory what they're doing in syria not just to expand their interests but get attention. they have been somewhat in the corner. they were kicked out of the g8. back to the g7. this is first meeting directly with obama in two years. if you are a dictator, with lousy economy which putin does, being seen sort of in cahoots and to an extent dominating or beating world leaders that helps you at home. neil: christian, thank you very much, my friend. good seeing you. >> thanks, they say the best defense is very good offense. i think when it comes to the planned parenthood videos, nancy pelosi has gone on offense. now, instead of embarass mane of those videos what they show, she is urges an investigation how they were done and why after this.

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investigated how they obtained those and doctored those and then had them be accepted as something was an indictment of planned parenthood because that is not true. i also know it is not real and you can create any reality that you want. neil: well, if you don't like the message, shoot the messenger or the guy with the video camera behind that message? we talked to the guy whose organization did all of these planned parenthood videos that are available full and unedited online. let's just say he disagrees with this notion he doctored anything. take a look. when they come back and say that you were pulling some fast ones here to give an appearance or give an impression that was wrong you say? >> it is simply not true. planned parenthood is one trying to pull fast one by ignoring what is actually on the tapes and ignoring statements from their own top level doctors and medical directors. neil: deneen borelli says it is about shifting attention away from that obnoxious material on

those tapes so people can fight another battle. it is weird, deneen. >> it is twisted as i would like to say. interesting how this is coming out in the news after the pope leaves town. he is back in rome already. we're hearing about comments from nancy pelosi. listen, progressives what they will do will attack. they are on the offense all the time. when you're disagree with their advanced like ral agenda you will made an example of because they want to silence you. the video proof, it does not lie. neil: they were released in bulk, a lot of them combined, that is true. you can go back to see each portion in unedited form. it would last hours if you did it that way. we would take some of the telling, revealing, obnoxious parts we could on this show and my fox news show to show unhe had he had about the conversations, selling body parts, beating heart. we could get good money for

intact fetus, et cetera. who is fooling whom here? >> nancy pelosi is trying to pull a fast one over on americans. that is the way i see it. listen the video doesn't lie. these are not voiceovers we heard. i watched some of the videos. they are horrific. listen, it is a felony to alter an abortion in order to harvest issue. this is something that people really need to understand and recognize, this is a felony. the investigation should not be on the people who did video, should be on planned parenthood and medical professionals who are involved. neil: saying republicans these groups, conservative groups, religious groups are anti-woman, or a war, as a woman how do you feel about it? >> i think it is utter nonsense. this is felony. should not be happening. they should be investigated, planned parenthood, medical professionals involved in horrific issues going on in planned parenthood facilities. neil: a lot of candidates who

urged planned parenthood shut down or removed funding even point of threatening government shutdown if it doesn't happen, they argued plenty of other organizations tend to women's health needs, all the various things that planned parenthood does. so we could live without planned parenthood. is that true. >> listen if the left wants to fund planned parenthood let them write the checks and fund this organization. our tax dollars should not be applied to keep planned parenthood doors open. it just should not. hard-working americans money should not be used for this initiative. neil: deneen, you leave me powerful little nugget, with timing of this. pope is gone. done this last week the pope was here, the holy father might not think highly. >> correct. neil: thank you very, very much. we'll take a look what is happening at corner of wall and broad. we have selloff going on. china is big catalyst. anyone who doesn't think china sort of rules the global roost and, don't need anymore reminders there. we have also got indications

howing could be -- housing could be slowing down. i point out the numbers are very volatile. latest news, u.s. pending home sales fell to half-year low. people worry about that. separately federal reserve bill dudley thinks a rate hike is still on for this year. which, three months to go. we'll have more after this. ) ) you wouldn't haul a load without checking your clearance. so why would you invest without checking brokercheck? check your broker with brokercheck.

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neil: all right. taking a look at the dow, we're down 255 points, the catalyst again seems to be china and that they can't get out of their own way, despite the fact that the chinese leader this way saying we've got things under control. that parental is not being felt here. factory indicator that fell to lows right now and concerns that in case you think china isn't the global leader, at least the tren trend-setter, that confirms it. any signs markets go up, any sign markets go down. and we've heard from barack obama and now we've just heard from vladimir putin. putin telling folks that he thinks it is possible to get a league of muslim states together, a league of nation states together, muslim states to tackle the bad guys and i'm thinking to myself my friend rick knows this a lot more than i do. aren't those muslim states the ones causing the problems but

having said that, we're on offense, he's on defense. >> yeah. he's got a clear plan and whether we like it or not, his plan conflicts with our plan. he wants assad to stay, he wants to prop up assad, figure out how to push back isis, work with assad to push back isis, everything under control and then think about not positive a transition for positive. where our position is assad has to go, he's part of the problem, part of the reason why isis is moving in, to fight against all of this craziness. we have a president who a couple of weeks before his reelection made a political promise, and he said if this red line is crossed, i'm going to act. now, the un confirmed that that line was crossed three or four times. when the un confirms -- neil: not taking advantage of that line is that we could have brought to power or

toppled assad with a group that is now isis. >> well, first of all, then don't say it; right? because -- >> but there any truth to that? that this became the ragtag coalition that is now isis? >> yeah. yes, by the time we final decided to say something and do something. but remember. two and a half years before then, we were already seeing the problems going on in syri. neil: right. >> we've been seeing these problems since 2006 when we pushed the syrians out of lebanon. so we have a problem that's been going on, we ignored and then through up our hands late in the game and said we don't have good choices. well, of course we don't, we waited too long. neil: who orchestrated this meeting today? i understand it was originally russia; right? so russia asked for this meeting with obama. why? >> the russians wanted to talk about a whole bunch of different things. and then it moderately into we

have some plans with let's talk about our own plan, the white house saying we'll talk about a whole bunch of things have ukraine on the schedule and we're got an talk about your isis plan because frankly we don't think assad should stay, we think assad should go. the media is going to focus on this and say who wins? does assad stay or go? . neil: who do we hate less; right? >> well, i think a lot of diplomacy is about that. neil: yeah. >> it's not a perfect picture ever. neil: why does it appear to be he's got the upper hand. >> well, he has an actual plan. he's been waiting around, sitting around watching the vacuum of u.s. leadership for so long. the one thing i learned after being eight years at the un, the un does not work, the international community does not work unless the u.s. leads it. what we're finding is when the u.s. doesn't lead it and turkey comes up with some ideas for israel and the

russians come up with ideas with syria and then starting to listen on what to do with peace keeping, the disaster. we are the only ones that can lead the world, it's just the fact that i think the british and the french are really coming to the point where now they say we've got to have a strong america. neil: and if this is the only guy saying something strong -- >> at least there's a plan. neil: thank you so much. >> yeah. thanks. neil: in the meantime the auto industry deception first with gm now with volkswagen. is this wider spread than we thought? and carl icon tomorrow. suffice to say carl is a very blunt billionaire. so blunt almost every other line in our conversation is a nasty word. a nasty word, which is why we talked to him early to bleep all of that stuff on the. but you won't believe who he was bleeping at. i mean he was bleeping furious. but you would be very

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the a1 through 6 and the q3 and the q5. also today comes word that the ceo, the deposed ceo of vw, martin is personally being investigated by german authorities, trying to get to the bottom of who knew what, when, and where and when they knew it. he was replaced last week by the former audi executive as well, the current head of porsche, the stock today is down 7.5 additional percent. neil, this one just keeps giving.

neil: we have another issue to tell you about, do you remember the at th takata air bag company? we're telling it could be seven more companies, what do you think, gerri? >> well, i don't feel it's a drip, i feel it's a waterfall on my consumer head; right? neil: amazing. >> all of this news and of course seven more companies that might have these air bag inflators that are -- could throw shards of steel into the interior cabin of your car. it's really did i say concerning but i want to bring up unthing, which i think people aren't considering when we talk about this defeat software in these cars, the audi cars, possibly even bmws we heard over the weekend. california dmv may not allow buyers to register vws because of this. neil: because of this software. >> and maybe no renewal of your rejection. so if you're a consumer out there, you've got one of these cars, it's on you, my friend. yes, it's vw's mistake, but

it's on you to get it fixed. that sounds like the height of unfairness to me. neil: and i'm just wondering about people who can get any car they want this day and age. >> right. neil: that might take volkswen out of the equation for time being. >> well, like when did ford explore was going through their issues. neil: right. >> but i think there's a larger point here and maybe true for other issues, but in particular the auto industry, emissions in particular and regulations in general, new york times did a story they went back to the '70s when the epa came in right off the bat in 1972 there was an issue with ford trying to skip regulations. so one example after another, i think jeff flock hit on the key point, the size and scope here is enormous for vw. >> the epa is saying, you know, to consumers here, don't worry. it's the state of california that's saying, you know, you have to meet these regulations. you have to meet these standards ask in our state. and as we know with the

problem with the air bag inflators, you may not be able to get that part. >> right. >> what is the fix in this case there may be no fix. neil: so people trying to register it. >> right. neil: and then one state delaying or not allowing you to, what do you do? >> you're screwed. i don't know what you do. i just episode to bring it up because it's a real issue out there for vw owners already and going to keep it out of the market. >> and you have one trying to resell it at this point if you've been through all of this. sitting there with a volkswagen. neil: incredible. >> yeah. neil: all right, guys, thank you very much. by the way, we're just getting word now, that the afghan officials are saying that the taliban have captured the northern city -- the city where there was a battle back and forth between government forces and taliban forces for upwards of close to 10 months. and the taliban's got the city. that's a big city. and that's an important city. and a lot of folks saying with

all of the attention of it appalling apart, there could be signs that afghanistan is falling apart even faster. in the meantime these worldly problems are nothing compared to something that could change everything. nasa confirming that there is water on mars. they appear to be going through a climate change themselves and ice patch just beneath the surface is warming up and turning into water. which means that if things get rocky on this plant as they increasingly appear to be, we can all go to mars. or this is great advance publicity for a certain martian movie that's coming out next weekend. i do not know. i do know we have a big selloff going on. so yet one more treason consider that flight to mars. coincidence? as i said, i think not.

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neil: you know, you could time this thing like clockwork, no soon that we pass the news to home sales to a five-month low, and anyone in the building business was plummeting to multiweek lows. take a look. these are some of the premier homebuilders, not looking too premier on a day we have a lot of selling, down about 172 points, the catalyst started with china but not exclusively china, it isn't really what it appears to be, but i was reading "the new york times" today among other papers, and the numbers we get out of china period. we raise that on this show a lot. we don't believe them on the upside, we don't believe on the down side but you fool me once fool me twice, a lot of investors say we don't know which end is up and the better part is just selling in the middle of all of that. but i do have some good news

for you. they found what appears to be water on mars. just beneath the surface. i don't know how they detect this sort of thing, but they have. and they say that right beneath the surface, sometimes not even on the surface, on the surface itself there's evidence that water is flowing on mars and you know the drill with that, they find water, there must be life. next week they will say they found a little creature sipping something. but no idea to the extent of my knowledge. but jo ling, heightened interest in mars; right? >> yeah. nasa teasing it saying they found water flowing down cliffs or walls. neil: how do they know it's water? >> it seems the way the water is moving indicates it's water or not lavazza lava or something like that. but more hydration salt so the salt have some sort of

dampness in it to indicate that there is water now and the reason this is important is it's widely believed that mars had water a long time ago when it was a warmer, wetter climate. neil: so there could have been life there in the past. >> right. exactly. . neil: but let's say there's an astronaut who crashed and landed there, let's say matt damon. >> not neil cavuto. neil: key survive. >> at this point it's hard to tell, i doubt it. neil: you doubt matt damon's ability to as we have? i think this movie is going to be phenomenal. >> it's going to be amazing. it's going to be a blockbuster. neil: nasa had this months ago, they're just timing this with the movie's release. >> yeah. the average temperature on mars is minus 70 degrees right now. but on a warm, summer day, it's positive 70 degrees fahrenheit. neil: but it's not the cold, it's the humidity that always gets you. while you're here.

>> yes. neil: apple said it sold 13 million -- >> more than 13 million. neil: okay. fine. here we go. you're so smart. >> you've missed me. . neil: all right. is that a lot versus the 6 itself when it first came out. >> yeah. so here's how we should understand that number. it is massive. it broke a huge record. yes, it was phenomenal in the words of tim cook, the apple's ceo. but this launch was different. they had two weeks of preseal, unlike the usual one week so there was a lot of anticipation. neil: and that's reflected in these weekend sales because the first time you get formally delivered. >> right. those first three days. neil: right. >> but the big real difference was they made this phone immediately available in china. so that didn't happen with the last phone so it was a slower adoption process. neil: you do we know many of the 13 plus million were chinese? >> we do not know that number . neil: why don't you know that number? >> because i don't have those facts, i don't have those

numbers. . neil: guests come on hear, just makes stuff up. >> no. comment. look, the chinese market is real important for apple, the second take a look at this year so we can expect the number we see now the 13 plus million to only grow. neil: then why is the stock down? it should be just everyone's down today. >> it could be. this is a very good number for apple. it usually does indicate a stock move to the positive. neil: now, i have the success because you know me. >> of course you do. you're an early adopter. neil: the big difference is the camera? what were you telling me. >> yeah. the camera has more megapixels than the -- my 6. neil: so that has how many megapixels? >> i don't know but i think yours has 12 megapixels. neil: you don't know and you don't know with how many chinese sales? >> that hasn't been released yet. neil: for varney, you would have done your homework. >> what's with all this homework?

look, the thing about the phone that is very interesting, there's three things. the camera, there is the force touch or the 3d touch technology, which you probably have been using. neil: oh, sure who doesn't. >> i don't. also the fact that you can now get that phone directly from apple unlocked and use it anywhere you want. neil: huge thing. >> huge. as trump would say. neil: is that you trying to do my people's kind of thing? that's a big deal. >> i immediately regretted that when it came out of my mouth. neil: jo ling, she is great. love her to death. i hear you're married how is that.st leddi >> it's great. >> it's great. neil: it's great we'll haveo hi more after this l help you get there. join us as we celebrate eddie's retirement, and start planning your own. romantic moments can happen spontaneously, so why pause to take a pill?

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prosecute it. and stop criminals. our senior medicare patrol volunteers are teaching seniors across the country to stop, spot and report fraud. you can help. guard your medicare card. don't give out your card number over the phone. call to report any suspected fraud. we're cracking down on medicare fraud. let's make medicare stronger for all of us. just like eddie, the first step to reaching your retirement goals is to visualize them. then, let the principal help you get there. join us as we celebrate eddie's retirement, and start planning your own. >> all right. i know this has the look of a jackie mason script. down one day and it's confusing to look at a dow down suddenly 261 points and i will not once again do my jack ji--

jackie mason impression, the world will pay a lot of money because of that. and there is a safe haven though, it's looking as it often does, in our treasury securities. the yield on the 10-year treasury note has collapsed to 2.11%. in other words, people are buying it up. when you buy up the treasury security, if yield goes down, then that yield now means lower mortgages, refinancing rates, so that could be good news for the housing industry which needs it today with so many home builders underwater as we received news that u.s. pending home sales, things like permits to build a home, fell to a five-month low. up from a year ago, but the fear seems to be that that whole thing is sort of sputtering out. but again, every time we have a market downdraft it's going somewhere and today, it was going into treasury securities. all right, separately, we have this talk of a putin-obama meeting.

they're going to be sort of chatting, getting a sense of the lay of the land, having to do with syria, on the same day you might have heard that vladimir putin is looking at sympathetic muslim nation states to sort of form a, his version of an avenger coalition to deal with isis. part of that team includes iran and iraq, syria itself, russia itself, and maybe other sympathetic nations that want to get isis under control once and more all. you might criticize this plan, but as my friend chuck nash points out at least it's a plan. we don't seem to have one. >> and the russians when you consider how weak their position is in the world relative to a failed plan and a u.s. withdrawal from the world, it's done nothing, but really strengthen them. it's absolutely amazing what they've been handed. neil: all right, so you're in that room with putin and the president.

putin wanted this meeting, the president didn't request it. why? >> putin, i think, wants the meeting because he is going to tell president obama that he is now in charge of what's going on in syria, that will be a relief, i think, to the obama administration because we've done nothing, but spend $500 million to get 52 guys trained in their first combat experience they were killed, captured or fled into turkey. so this is an absolute disaster what's been going on. isis has been strengthening, a lot of the isis feighters, a lot of them are coming from the former soviet union stands and they're going to return combat experience back into these border areas around russia and putin's done with it. and the other thing is, he does not want to see his warm water port in latakia and tartus. he doesn't want to see those ports in a country that falls. neil: i understand where he's coming from, but it's

interesting because of iranian president is helping to democracy in syria and yemen the way it did in afghanistan. what do you think? >> mullahs some time back took a look at the soviet union and where did this he fail? and they came up with the conclusion in the mid '80s where the soviet union failed they stopped exporting their revolution. that's what the iranians have been about. they've been always supporting assad and now they want to support those in yemen. they're going to roll in. the iraqis are on board giving up their air space and allowing fights directly from iran near to-- >> let me ask you about that, there's always a clear, discernible financial impact from all of this today. i don't think that this is coincidental. i want to bring this to your

attention. oil prices are slip sliding away, nearing $40 bucks a barrel. you know that oil is coming back on stream out of iran. that's 2 million barrels a day, it's going to flood a world where there's not a whole lot of demand. the irony is that iran gets the money from this cheaper oil, the world is awash in cheaper oil, so, you could turn that around and the bad guys saying, see, we're actually helping all of you. >> isn't that something? so not only are we going to deliver, you know, billions of dollars that equate to trillions of dollars on the iranian economy, not only going to do that, but we're opening up the markets and they walked away with an absolutely fantastic deal. i don't want to sound like donald trump, but the iranians were the big winners on this and the russians are go to come in behind them and sweep up countries in the middle east that we displaced them from

decades ago. they're back. neil: captain, thank you. always good seeing you, even though i don't always like hearing what you have to say, but i should, i should hear it and so should the nation. thank you very much, my friend. i appreciate it. we're getting more comments out of iran, speaking before the u.n. and the support for the zionist regime against the oppressed nation of palestinian, in other words, it's all our fault. former pennsylvania governor tom ridge at a separate voices of iran rally and maybe is getting a different feeling from all of this. good to see you. what do you make of this and what he's saying? this is a guy with whom we've negotiated this deal to begin with. >> well, i think it's pretty well-known my opposition to the deal. ironically the country is opposed to it, but because how the constitution sets up, it was difficult to overturn that arrangement with the mullahs, there's nothing that says they

could be trusted. give them 100 billion and regenerate their energy posture and they're going to fund hamas and hezbollah, and they're the greater instability in the region and greater problems for the people of iran, greater problems for israel. this is a regime that continues to support assad who now has the support of russia. when you think about the dramatic change over the past several years in that region, it used to be a neighborhood within which we had the maximum amount of influence, not always exactly what we wanted, across the board they looked to the united states. we have pulled back, we have withdrawn and who is filling the void? iran and russia. it's rather remarkable, but it's done quickly under this administration. neil: you know that foreign policy shouldn't be on that. the wind at his back, that we do as a public want to back out of that region, it's a cesspool in our eyes, don't get involved, we lose soldiers, lose good men and women, on for what?

what do you say? >> i is a to my fellow americans in this point, in a hyperconnected world, we're expected geopolitically with events around the world and in a hyperconnected world we're connected economically. the middle east is important to us for both regions and withdrawal from that region, we forfeit the opportunity to influence events in our favor as a sovereign country and with allies like israel, we are forfeited that responsibility as well as that opportunity to the iranian government and to the russians and it's a forfe forfeiture, that will pressure us down the road and we'll look back at the deal and hope that they would change their behavior and frankly, i think we've made a mistake. neil: and some say it's the worst deal he's ever looked at and when he was on the u.s.s. iowa that we have the bigger and more intimidating military

and so intimidating that we never have to use it, but the world seems to sense that we've dialed things back so that they do take advantage. what do you make of that. >> i do agree with the republican candidates who want to build up the military, but i think it's eneven more than that. it's our word. we said four years ago, assad must go. we didn't support the militia. they're no angels, but we draw a line in the sand and we did nothing. then they take a look a what we failed to do in ukraine, we gave them mre's and night vigil goggles. they look and russia looks at our condemnation. neil: we talk a good game. >> talk is cheap, action is much stronger than words, what your parents used to tell you, actions speak stronger than word. we wordsmith our done conde

condemnatio condemnations, but today we're focused on the middle east and i think the iranian deal bodes trouble for the people of iran. it's certainly not going to be less repressive, 2000 people, they drag kids out of school and people out of school because they support the voices of the iranian dissidents. there will be trouble for israel and jordan and european crisis, part of the responsibility lies with our inability to influence in syria years ago. and we'll condemn actions, but won't take any action. neil: given the fact that the presidential did a controversial deal and did this guy a favor, he quit blasting us for a limited time, but now-- >> this deal has been cooked in such a way that we had very little leverage going in, we gave did up during the process and this whole notion that the sanctions would snap back, the russians, germans, english

can't wait to get in there and grandfather any investments they make. you and i know there will be no snapback provisions and i hope you have me on here in a couple of years and say tom, you were wrong. as soon as they cash the check i suspect they'll violate the agreement. we have no leverage to go back in on the events they'll fund the central bank of terrorism and that place will become more unstable and we better do a better job with jordan and israel because the risk to them-- >> i hope you're wrong. our first secretary of homeland security, tom ridge. as we came off our lows thanks to tom ridge coming here and now that he's left they're accelerating that. china is a big reason for that and the fear that china's

entire economy, which, we said here, seems to be a facade, it's falling apart. brian wesbury is here and gary is here. i think we've seized on these developments and interpret them. i do know that we've had more triple digit swings this year than almost any year, double where we were last year. so, what is going on? how dangerous a market is this for you? you can't get any clear footing? >> yeah, well, if you're day trading. if all you worry about is what's going on today, tomorrow, next week, then it's a dangerous market. but if you're an investor, i don't think this is a dangerous market. i think this is a correction. people have been waiting for the market to collapse so every time we have a correction, we had one in 2010, 2011, ebola last year, but whenever we have one, people season something and claim it's fundamental. but in reality, the u.s. economy is in good shape.

we've grown jobs for 66 months in a row. initial claims are well below 300,000. the housing market has improved. the auto market is improved. consumption is up about 3% after inflation over the past year. so, there's nothing in the economy that justifies a-- >> we showed you the airline stocks, they're not the instant beneficiaries of the lower oil prices, trumping that, no pun intended, there's a fear that they speak of a global slowdown which wouldn't be good for anyone. do you agree with that? >> i'm 100% sure that this market is forecasting a major slowdown in global growth if not recession. you have got to ask yourself the question, why are transports getting blasted while oil prices have crashed? they should be doing well. why have semiconductors crashed? i simply think we're in a bear

market response, it's way overdue because of the intervention. the bear market you'll hear 20% and then a lot more margin come off and i suspect whatever we areway down in the indices and that's where we're going. neil: i apologize for the short nature of this. we've been crunching numbers out of the donald trump and his tax plan he is the front runner in the republican party. a lot of people say whether they add up or not, they're certainly bold. he is calling for reducing the top rate of 25%, taken 7 rate and whiting them down to 4% and tax holiday for businesses and trillions of dollars abroad. and whether that works is anyone's guest. we've got todd here and mercedes on what that plan could mean. what i see going on, mercedes is that republicans are tripping over themselves to

offer the most aggressive reagan-like tax relief. >> that's right. neil: is this in keeping with that? >> well, i think to a certain extent. i think always the thing that goes with republicans is the fact that nobody raises, you know, republicans cut taxes we never raise taxes, so, of course, donald trump's approach is different. i'm going to raise taxes on the wall street people and let me tell you something, that's the message that resonates with the american public. >> he didn't say who he's going to raise it upon. and if it's the companies that shift jobs overseas-- >> neil. neil: go ahead, i'm sorry. >> earlier today he was on a radio show and he specifically said that, he said he would target the wall street-- the wall street types and that was-- >> and that cared interest thing. he's not going to get a fortune out of that. >> no, he's definitely not. neil: so tell us, what are we to make of that? he hit all the populous buttons here. he criticized other players out there, but first time he's put pen to paper to come up with

any plan and that might be a sign he's getting more real. what do you think? >> well, i think that he's testing emotion across the board and keeping that going with the task plan. a little piece of it for everybody, as you would say, the frustration being the anti-politician, being the outsider, he can look to bits and pieces this have when he's on the stump and talk about that, giving it to the lunch pail guy out there who is sick and tired of being sick and tired. as mercedes knows as well as i do, if you tell anybody you're going to cut taxes it makes you pretty popular. neil: what i worry about, not against people paying less taxes. i have a problem with some paying no taxes. i grant you there are poor people this this country and certainly shouldn't pay, you know, 20, 25, 35% of the money. >> sure. neil: maybe 2, 3%. i think it's inherently everyone in this country pays something, doesn't have to be a fortunate. 2, 3%. have skin in the game. you're much more riveted by the

game and abuse and waste if you have a stake in it and it's not in his plan. >> it's not in most of the republican plans either. it's just something that they avoid, you know, trying to impact the lower income population in the sense that they don't want to have to be paying taxes. does it make sense, neil, that everyone should contribute to our -- to the paying in the federal government? absolutely. but i don't see that happening. it's not a popular position and that's why i think you're saying that they still want those that are obviously making more income to pay more taxes, you know, you've cut the rates down and simplified the tax code and that's one of the things that you're seeing pretty much across the board with a lot of these republican candidates. >> will it resonate, chuck? does hillary clinton have to do that or she's going to still say, as bernie sanders still says, raise taxes, particularly on the wealthy? >> i think the point that they will take is that there's loopholes for people. i think that people, from the polling that i've been seeing,

don't mind anybody being rich, but mind them being the democracy. they'll use the talking points that they need to to try to show inequality and this person has a better shot than you do. use that rhetoric and use those platforms to try to separate different accountsies to cobble together a coalition to actually win. neil: all right, expressed very well on both of your sides. i appreciate that. so, think about this, you heard about donald trump and his tax forgiveness and zero taxes, to shows couples making upwards of $50,000 a year. how different is that from jeb bush talking about the poor or lower income americans getting free stuff? is there any difference in that approach? charles payne will find out.

>> all right. jeb bush has the comments over the weekend said that our message is one of hope and aspiration. and want to get in line and take care of you with free stuff. i'm thinking of the controversy that that generated and then donald trump offering couples making all the way up to 50 grand a year not to pay any taxes at all. half the eligible tax paying population not to pay anything. who is being more condescending to whom? charles payne is back, what do you think, charles, free stuff is free stuff. charles: people love free stuff and this is where the republicans get in trouble. everyone loves free stuff, it's not just people on welfare. everybody loves discounted or free stuff and my wife goes to the store, after shopping she tells me how much she saved. not that she spent a fortune, but how much she saved. people love free stuff.

when bush put out his tax plan, 15 million more people won't be paying taxes. donald trump puts his out, 30 million more people won't be paying taxes and admits, listen, when i file my taxes i pay as little as possible, we all want the edge and all want something free. what the republicans have to do is to be able to sell the message to people, by the way, this free stuff you're getting that you're voting for is nothing compared to what you can get if you jump into the game. sell capitalism, sell individualism, sell the idea-- >> and one-- >> it doesn't have to be this way. neil: and what do you think of the fact that jeb bush said it was racist, the-- >> love if food stamps or free stuff, and it's a black issue, a puerto rican issue, there are no white people. and in catalina they voted for

succession because they're generating the money and the rest of the country is getting the welfare, a story played out around the world. the west has zero to do with race. that's racism on the liberal part, media mainstream coming, it wasn't about race, it's a mindset that can corrupt anybody. neil: i don't think that anybody should get away without paying taxes. not a lot, 1, 2, 3, 4% whatever it is. charles: you've got to have skin in the game, if you don't it creates that entitlement mentality. if you have the check that you get, put something in the game. everyone's got to have something in the game, some skin in the game and it does not have to be a lot. i think that's, this is ironic that the republicans are going down that populous road, but i guess it's what gets you elected.

neil: whatever gets the deal done. thank you, charles, very much. so good to have you back. varney was trying to take over your office, it was sad. we had to kick him out. charles: and i had to removed those union jacks. neil: it's tragic, stick around.

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>> all right. take a look at biotech stocks and, of course, any of these exchange funds that track them, they've had an awful last week or so and a lot of it has to do with a couple of nefarious players that were gouging consumers, charging yous $15,000 for a pill. that was the view and that became the twitter rage when hillary clinton made a big deal about it and said that she was going to police all of these guys and even put caps on how much they can get for their respective drugs. that didn't go down very well, many argue that could be the

preview of obamacare. and following this closely, he says the solution isn't always the republican response just get rid of obamacare, you have to have something in place to deal with that and your argument, commissioner, there's nothing clearly in place for that. so, what do you do right now with the way the health care law is proceeding? >> well, neil, good afternoon, you know, we had to look at the impact that obamacare has had on the nation and when we look at it, we see that there have been four things that have gone up significantly, that's the cost of insurance, the cost of medical care, and the cost to comply for hospitals and doctors and deductibles for individuals and, crop correspondingly there have been four things going down. doctors. obama said if you like your doctor, you can keep him. well, that's not true.

the choice for consumers has gone down and obama also said that if you like your plan, you can keep it. that's not true. neil: we know that a lot of it didn't work out. commissioner, i'm sorry i wasn't clear. is there an alternative to killing this one? by that the administration always comes back and those who advocated the plan to begin with, that 13 million more americans or whatever the figure is, now have health insurance than before and we're paying that aggravate a nation. i know the latter isn't true though, i know that, who is right on that? >> that's right, that's right, you know, and you look at the people that are falling out of obamacare because they do know the like the cost of the high deductible and everything, but, you know, my solution that i've advocated, obamacare was written primarily for the

people that could not get insurance. they had previous conditions that disallowed them from getting insurance, but i think that we ought to form a high deductible national pool and let these people that cannot get insurance because of some previous condition go into that pool and then let the free market take over like it was before and prices will come down for individuals and we'll see the same number, if not more people covered by insurance. neil: well, hope springs eternal, commissioner. so far that has not transpired, but we'll see. always good seeing you, my friend. thank you. >> all right, thank you. neil: all right, i want you to just picture this. iran, iraq, syria, and russia, all together. all on the same page.

what could possibly go wrong? the dow down 272. that's just the start. hi my name is tom. i'm raph. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here.

>> all right. regular viewers of the show know we do not too much obsess over markets day by day because they change day by day, but we're obligated to show you what's happening on any given day. normally when one goes down, another goes up-- if you're losing money hand over fist.

and with a paltry yield of 2.11%, the 10-year note is a draw for people to protect whatever they have and not lose their hiney. when stocks goes up attention to bonds go up and yields. suffice to say if the yield holds, it will translate 3 3/4 fixed year bonds, mortgages. that's if you can afford a home, you have a job, you're not worried about the world blowing up, your real estate chip has come in. see, i always try to give you the good news. it's hard to do that with what's going on in the united nations. especially when i hear that russia and syria, iran and iraq are teaming up with other so-called sympathetic, this is quoting putin, muslim member nations to deal with isis. al alan dershowitz heard this at

the rally today and he doesn't like the sound of what he's hearing out of the u.n. alan, the book is the case against the iran deal, it's his 400th book. your argument in print is bad, bad deal we're emboldening bad guys? >> not only emboldening we're giving them hundreds of billions of dollars to spread terrorism around the world and essentially committing the crime providing material support to terrorist groups. neil: well, the iranian leader, the fact that he is going to settle everything going on in syria and help to find peace in syria and yemen and blasted us and israel. >> he wants to bring democracy to yemen. and democracy from iran is killing gays, not allowing people to express viewers ap hope and free elections, we don't need that kind of democracy throughout the middle east.

what worries me more than iran, the united states is replaced as the center of power in iran by russia and by a combination of russia and iran, a vacuum is being filled and i'm so worried about our foreign policy in general in that part of the world. neil: you know, carly fiorina says she would stop talking to putin, the days of putin chatting and the democratic efforts is a waste of time, paraphrased. do you agree with na? >> i don't mind talking about you we're playing checkers against the people who invented chess and we're getting check mated, and outnegotiated. and the iran deal helps russia and iran and hurts america and hurts america's allies in the middle east, egypt-- >> anytime it's plummeted, he's losing money, that's his currency. but he has long view of power and the long view of the world

and i think he thinks he's filling a vacuum in the middle east thatter woo -- that we're leaving. i'm worried about this deal. if you think that iran is worryingsome today, imagine an iran with a nuclear missile and the president put this deal over, over an objection of the majority of the senate, the majority of the american people. it's done. i call for a congressional fact, we take serious in the preface of the deal. and iran won't seek a nuclear weapon. and that's the policy of the united states and we authorize the president to take whatever action is necessary to enforce that, maybe not this president, but future presidents. neil: you're still waiting for a new president. >> we're all waiting for a new president and i think the world in terms of foreign policy is-- >> you can do a lot of damage in 16 months. >> you can do a lot of of damage, but when you are seen

as a lame duck, everybody also has to be looking at what is going to replace you and hillary clinton will be a stronger president and i think some of the republicans who are running will be stronger on foreign policy than the current president. neil: who is the strongest of the republicans. >> hard to know it has to be somebody with experience and credibility. neil: like donald trump. >> i'm not going to get into specifics, but somebody with experience and the ability to stand up to putin and to iran and negotiate for a position of strength. we are the super power, we shouldn't negotiate as equals with iran. that was the fundamental flaw of the negotiating posture that we had with iran over this deal. neil: alan dershowitz, the case against the iran deal. here is what you've got to know. scott brown is on that exact same page. scott brown and alan dershowitz have the exact same point of view. i just thought i'd mention that, scott brown is next. we're cracking down on medicare fraud. the health care law gives us

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>> time for your fox business brief, i'm connell mcshane. a rough day, as you know, for the market. especially rough for the biotech stocks. we'll show you the nasdaq biotech etf, which is a basket of these stocks and the point here is down. worst day in four years and comes after last week when it had its worse week in seven years. it's rough for many of the stocks, individual names here

making up that basket down big time. and the thing that started earlier was that hillary clinton tweet last week, going after price gouging, but these are notoriously volatile stock. the other group we're watching the home builders, pending home building, this is a barometer of future purchases and some are moving lower, some significantly show and the broader market with we are they a full selloff mode, and we're off the lows.

all right, the washington nationals suspending pitcher papelbon. the message, don't choke another player. it's the end. season and we're out of the playoffs. >> he's facing a three-game suspensions for beaning another player. he's been pretty intense. played for the red sox. a rightly deserved suspension. can't go-- actually second to the last, he may go into the-- >> anyway, he's out of there. >> how about them patriots, though, how about them. neil: well, obviously, papelbon, you don't choke the players. but i know a little more about the donald trump tax plan and

it's something you've been advocating since you were running for senator of new hampshire and took ted kennedy's seat. lower taxes are always better. >> of considers. neil: these guys seem to be tripping over themselves with the lowest tax plans. here is the one thing that bothers me about trump's and pick your brain on it. not so much do the numbers add up, they probably don't. he adds so many to the legion of americans who wouldn't pay any tax at all and i don't think that, you know, everyone should pay the same rate, but i think 1, 2, 3%, everyone should have skin in the game and under is had plan, 30 million more will not. >> i agree with you, yes. >> i had no idea that would be your answer. kind of destroys the rest. >> everybody should have a skin in the game. 1/2 of a% or 1%. what he recognizes he needs to go through the house and senate to get a plan he can ultimately sign. his plan isn't going to be his

plan. good starting point, repatriation, and lower rates on the middle class, but you're talking,s a you referenced to making another 30 million not have any skin in the game. i don't think that's a-- . it sounds like elizabeth warren a little bit. or jeb bush, the criticism that he said poor people like free stuff. >> hey, i like free stuff. everyone likes free such. everyone likes free stuff, but if we're going to support the united states of america, there are certain things that need to be funded, our military, obviously, our national security, domestic security, obviously. dealing with the ability to let everybody, you know, have a safe home. but bottom line is, you've got to pay for it and we're in a 19 trillion dollar national debt. neil: 25 top rate pay for it or is that over the top? >> his effort-- not to interrupt, his effort is lower rates, repatriate, get the engine going and actually let job creation and economic productivity bring down, pay down the debt and obviously get

a balanced budget and the like. so, there is a lot to be said and i believe in that. i think by lowering corporate taxes and putting more money in individual's pockets they know better what to do with their money than the federal government. neil: all of these guys are sucking up to you and going to your house. >> going to my house. neil: what's that about? >> we have the no b-s barbecue series and come for a beer and a hot dog an and no podium. we had over 270 for kasich. a buck 80, carly is coming should have 5 to 600. >> they come one at a time. >> one and a time. neil: and the biggest crowd. >> right now kasich. carly will blow that away. neil: you think so. robio is coming. >> rubio is coming and bush is coming. neil: can you read anything from the size of the crowds. >> yeah, 270 for kasich. people loved him and christy came the next night and i love christie and i love carly. we'll see what happens. the beauty of new hampshire,

you can do that, first in the nation primary state and there are a tremendousment an of undecided voters, we'll have the folks coming, they're not usually of the activists that kind of follow various people. these are truly undecided new hampshire voters i don't think a lot of the political pundits are reaching out to. neil: you're the man and you've got the juice and what time do you want me there? >> either 1:00 or-- >> order extra hot dogs. >> we'd get a thousand people easily. neil: at least. senator scott brown, whether you're for or against him, taking teddy kennedy's seat. >> the people's seat, neil. neil: the people's seat, you're right. ever since charlie gasparino criticized the pope, then i was hearing from a lot of people who like the pope, including a certain priest who must have caught some of charlie's

remarks and on this show, he is going to excommunicate him and send him to hell right after this. [laughter]

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>> take a look what's happening. a major selloff 253 points, a lot had to do with china, certainly not up to snuff. look where the money is going and it says pretty much what you need to know how much investors want to hang onto what they have. they've been flooding into treasury securities as they always do every single time this happens. the yield on a 10-year treasury note at 2.11%. it's tumbled 6 basis points, but that will translate into much lower borrowing rates and something that no less than carl icahn has been monitoring

very, very closely. my special guest tomorrow, carl icahn not only speaks about donald trump, but says once ar for all he's not interested in being the treasury secretary of this united states. we'll have that and a lot more and the papal forgiveness for one charlie gasparino right after this.

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neil. all right. how weird is this? priest we booked to challenge charlie gasparino on heinous interpretations of pope's message in the united states, he hasn't shown up. he is a good man. a frequent fox guest. he has not shown up. >> one of the priests in the exorcist died too. neil: he didn't die. you have done something -- >> may the power of reagan compel you. the power of reagan compel you! neil: what the good father was saying, was that the pope is neither left nor right. he oaf fenn everybody but there is no politics into it. >> no. he is left. and you his teachings about

global warming -- neil: jesus would probably be described as left. >> i don't know about that. jesus gave us free will which is at center of free-market capitalism. neil: free will to look inward. >> free will to live a life, tend crops to make money. jesus hated, he hated greed. that is different than free markets. neil: what is weird, you quoting jesus. >> may the power of reagan compel you. power of reagan compel you. neil: i thought he was saying, i thought he was a very fine man -- >> who said this. neil: the good father. >> he attacked me? neil: he attacked messengers who have disparaging things. forget the fact that -- >> may the power of reagan compel you! neil: also the same pope who said we must protect life at every stage of development. >> thank you. about time. neil: same pope who espoused the sanctity of marriage, traditional marriage. >> good. neil: in philadelphia yesterday met with those who --

>> baseline capitalist issues. neil: you pick and choose the battles you want to play. i think that was the father's way of saying you should go to hell. >> plenty of liberals are against abortion. i know. they're around. we should point out this is -- neil: you're basing everything you have on climate change. >> here is my pom with pope, this pope. pope francis or anybody in the catholic church that sit there is has the president's ear and espouses climate change and other sort of income inequality when catholics are being murdered in the middle east. neil: he addressed that enormously. >> not as much as he should have. he should have -- neil: you have very select piv hearing. >> may the power of reagan compel you! i'm telling you, you're becoming -- [lightning sound] you're deflecting. >> media matters loves you. neil: leftist or rightest you hear what you want to hear. >> something called the ring of

fire. these guys love you. you're only one who said this stuff. neil: the pope said it. >> no, no. neil: do you pick and choose -- >> no. when was -- neil: stop! should the pope be steward of the environment. >> should the power of reagan compel you! neil: should the pope be steward of god's environment, yes or no. >> the pope should be a capitalist. neil: capitalism should fire on all cylinders. >> by the way -- neil: are there abuses of capitalism, yes or no? >> are there abuses catholicism. neil: don't answer me with a question. you know the pope is right. he is talking about our inner human decency. >> he denied people front row status, at st. patrick's cathedral gave him money, to rebuild it. how ridiculous is that. neil: how stupid are you. if i gave money to a cathedral should get front row seat in the meeting with the pope. >> yes. catholic church. it is not a charity. catholic church.

same church all they -- neil: linda blair. linda blair. >> may the power of reagan compel you! neil: just, he will be joining us tomorrow to really get ugly with charlie gasparino as he should. trish, doesn't bet worse than that. trish: someone has to break this up. plan from donald trump finally. he has been promising one forever. it could mean you will pay a lot less in taxes. i'm trish regan. welcome to "the intelligence report." in addition to breaking news, i'm joined by republican candidate rand paul who has thoughts on party's frontrunner, "the donald's" tax plan. plus as president obama sits down with russian president vladmir putin, i sit down exclusively for a conversation with ukrainian leader president petro poroshenko. we're watching a big selloff on the street. down 275 points on the dow. selloff continuing with the s&p do