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tv   Varney Company  FOX Business  November 9, 2015 9:00am-12:01pm EST

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i'll be co-moderating the ime time debate with my colleague neil cavuto. and 7 to 9 and 9 to 11. charles payne it in for stuart varney back at headquarters. charles, have a good show. >> i'm charles payne, stuart is going to be back tomorrow. in time for the debate and, well, that's one of the big stories, here is the other big story, the g.o.p. candidates will take center stage in milwaukee tomorrow night right here on the fox business network. dr. ben carson answering questions about his past and taking on the mainstream media. the question is, is he being vetted fairly. and the u.s. considering moving troops into and around europe in response to vladimir putin. and a controversy brewing over starbucks, the new red cups. check it out. some are saying these are anti-christmas. tell us what you think. "varney & company" is about
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♪ >> remember the dow is up six weeks in a row. it's going to need something to get going here. it came down a lot last week, maybe that's helping gas, trading higher it went down to $2.21, the national average for regular gallon. you're looking at a live shot. we're going to bring it up here in a moment of the milwaukee theater in milwaukee, wisconsin. i think we're going to bring it up. we lost it. believe me-- oh. charles: we'll have it later, certainly tomorrow night. [laughter] when we have tomorrow's republican presidential debate, of course, hosted by the fox business network and wall street journal, join us at 7 p.m. eastern time. sandra smith, trish regan in
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the first debate and gerald seib. and then gerard baker and maria and neil, second debate. and let's stay on politics, ben carson all over the news and on with maria the last hour addressing the controversy over his west point admissions. roll tape. >> i don't remember if i was with him when the offer came. the offer was not, as i recall, from him, but there were multiple other officers around. there were several things i was invited to because of my status as the city executive officer and general westmoreland was at one of them. charles: mary kissel of the wall street journal editorial board is here with us. mary, part of the controversy, politico was at the center of it, there was controversy over an article that the wall street journal had written about dr. carson as well. >> a couple of things to say, conservatives don't get vetted
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like democrats, they get a closer look, that's absolutely true. but ben carson is running for president not for the head of the city council and he'll have to answer questions about his past, not just because he's a conservative also because he's a black conservative, but thirdly, because he's running on his biography, so questions about his record are important, but you know what, charles? i don't think it's going to hurt him. ultimately what he's going to have to do is talk more about policy. this is just normal stuff. charles: and it's so funny because that probably is one of the ironies about this. i think he has an easier time defending or talking about this than perhaps going into the nuances of his economics policy which is not his baliwick. >> a welcome distraction, almost, on his economic plan. charles: 3.5 million last year and on facebook, and on twitter and social media felt like quote, unquote, he won this particular round. the question about tomorrow night is donald trump. will he actually come out swinging against ben carson, guys?
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and you know, i thought that trump was premature with his tweet on friday that said ben carson was caught in a lie and more lies are to come. that was, i know it's trump style, but i thought it was a premature attack. >> i think it's a distraction to talk again, about policy. donald trump has not gotten the kind of scrutiny from the national media on the implications of what he is talking about in terms of policy. he's basically talking about a police state when it comes to immigration, he's talking about trade war. charles: exporting 11 billion people won't spark the economy? >> i'm disturbed the media isn't talking and doing their job, talking about the implications of what he is saying. so, if he does come out tomorrow night and attack dr. ben carson i think it's to make a distraction because he doesn't want people to talk about what it would do to the economy. ashley: when he senses there's
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blood in the water with ben carson-- >> it's their job as the journalists to-- >> i feel that the trump style, has the media intimidated by him. a lot of people who called him out have been squashed and-- ments you shouldn't attack him personally, attack him on his-- >> attacking that way is in his mind attacking personally. >> you're not doing your job unless you look at what are the effects of terrorists, what are the effects of reducing immigration in this country, what are the effects of an isolationist policy in syria. those are the things that we need to talk about when it comes to donald trump. charles: he's leading in the polls. all right, we'll have more on carson and the media, later with brent bozell. to the u.s. military we want to strengthen troops in europe. now, the idea is to deter russia and in the event of a
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crisis. i want to bring in jim with the heritage foundation. jim. will this work? nothing so far deterred vladimir putin's grand am biggses. >> the thing that's detouring his grand am-- grand ambitions, he doesn't have an idea for the ukraine. the united states sent more to reassure europe and i think this is doable. liberalizing energy and gas exports, big message. charles: what we going to do that? we're giving our only gas producers a harder time not an easier time. as far as moving military assets, president obama is bringing our military strength
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down to pre-world war ii levels. so, i don't know why vladimir putin would necessarily be intimidated. maybe he's training himself, but he's got a 90% approval rating his impact is felt and feels like he's taking control of the middle east from america in terms of the future. >> right. so what we're really talking about, we're not talking to president obama one of the remarkable things is, he's completely undeterred in changing aspects of his policy. even though it's failing universally. what we're speaking to is the russians directly, and to the presidential candidates and to the future congress and to the, you know, to the leaders in the united states. sending messages to putin the free ride isn't going to last forever and they can expect a different deal from a different president. the constitution matters. the president as commander-in-chief runs foreign policy and we're stuck with what we're stuck with, but not stuck with it forever. charles: and speaking of the term free ride, like to see the
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europeans spend more and take greater control of their security as opposed to us being the sheriff in tournament. charles: and i want to turn to the russian plane, there's a noise heard in the cockpit, increasing suspicions that it was brought down by a bomb. what do you think. >> i've not seen any one shred of evidence that would allow you to discount the probability it was a bomb. the thing about these things, we're going to know. in the end, you cannot hide the forensics of a plane. that seems like the likely scenario. it's not a game changer for russia, russia was never planning on destroying isis, they don't have a strategy for this. they may never admit it's a bomb, but they're looking how to preserve assad and get out of there. a game changer for isis either. charles: if you don't get rid of isis how do you preserve assad.
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his control of syria has shrunk to a very small space at this point. isis isn't going to walk away. what is russia going to do then? they're there to what prop assad for what? >> well, as long as they control damascus and the ports, they preserve russian interests and create a buffer between them and isis, what is what i think they want. charles: thank you very much, great stuff. appreciate it. more than two dozen football players at university of missouri protesting the university's presidents handling a series of racially charged incidents that have happened there. ashley, give us the details. ashley: this has been going on for a number of years and reached a boiling point. we have a student on a hunger strike. we've got football players saying we're not playing anymore. no more activity until this president of this university is fired or resigns. the president's name is tim wolfe. he's upset the way they've handled harassment cases and we
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understand there's a meeting at 11 a.m. eastern time at the university to discuss this behind closed door so there could be movement. charles: initially a dozen players, two dozen-- >> the coach has joined in and tweeted this morning, the mizzou family stands as one. this has grown and grown and grown. i have a feeling we're going to hear something out of the university at 11:00 eastern on this. charles: would this be unprecedented for the students to force the president to quit? >> i think there's been other cases, but this is pretty interesting. the pressure that's put on this president and this has been going on for some time and they've been very dissatisfied with the way he's handled cases involving race. >> thank you. by the way, larry david might get a nice pay day after his "saturday night live" appearance. cheryl has the story. for breaking news, come on now, you probably saw that clip of larry david shouting donald
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trump is a racist when he guest hosted. well, the group said that they would pay $5,000 to anyone who disrupt say they'll pay larry david 5 k. we'll see if he accepts. i don't think he needs the money. ashley: certainly doesn't. >> southern california residents took to social media when a mysterious light crossed the sky. twitter lit up with pictures of the object which many thought was the ufo. those are rule. ashley: california. >> actually -- it was test fired from the southern cast of california and could see it in arizona. and anyway, finally, take a look at this. a new i-hop restaurant in mississippi has got a big problem on its hand. part of the parking lot caved in saturday night. gobbling up 12 cars, no one was
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reported injured though, incredible. the whole 35 feet long, 400 feet-- 35 feet wide. 400 feet long, whatever, swallowed cars, trucks, suv's and received three inches of rain and experts are expected to begin to work today to figure out what happened. this wasn't even just like a-- this was a full-blown like hole that opened up in the earth. ashley: and were the pancakes worth it? >> i-hop is good, but ain't that good. starbucks are facing a backlash from christians over their new cups for the holiday. one guy saying, he tricked a barista into writing merry christmas how you get them to do it and a big debate tomorrow. we'll look at the shot of the hall where it's going down. we're promising a one of a kind event. more on what to expect next. (vo) rush hour around here
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starts at 6:30 a.m. - on the nose. but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours.
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>> news alert. and a shooting inside a subway station inside penn station. it happened around 15 a.m. the new york police department confirming this to fox news, and the shooter had not been reported captured, but the nypd could not confirm that the gunman was still at large. this is unside the subway station and spilled inside the street. the tropical storm developing in the bahamas and strengthened today and the forecasters don't expect it to hit the u.s. mainland at least right now. the pentagon is expected to release the gitmo detainees, relocation plans since earlier this week, this as president obama moves forward with the closure of the facilities, all rise, judge andrew napolitano is here. you've said that gitmo is a devils island.
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>> keeping it opens there he an a federal statute that says the president can't close it. where are you going to put them. if a country takes them, the country will not assure that they will not harm american interests or aid terrorist organizations. the other argument is that under the constitution the location of prisoners and operations of prison is exclusively a function of the president and any statute that interferes with that would be unconstitutional. the congress can no more tell him how to operate a prison or where to put prisoners than he can tell them how to tabulate their votes or the time of day for their meetings. so we're pretty much at a standoff. politically, however, if the president proposes to the congress a way of shutting down gitmo that the congress rejects. it will be very, very difficult for him to do that by executive order in the face of a direct rejection by the president. my problem with gitmo is, it's an anomaly under the tu
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constitution, we cannot hold them without charging them under the constitution. now, i have participated in briefings by the prosecution staff there. which is extremely frustrating, khalid shaikh mohammed has waited longer than anyone in history of america to be tried. a variety of reasons, some of it-- >> what's the argument for not prosecuting. >> there is no argument that i'm aware of, it's the nature of the evidence and the delays were a shenanigan of a fbi agent to pretended to be a paralegal and finagled himself in--
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>> before you get to that point. the criminal justice aspect. they will be without due process. >> yes, yes, however, if the president brings them to colorado, the super max there, the pressure to try them will be greater. even though the supreme court has ruled that gitmo is the function of the united states and if they come to the mainland. they will be an anomaly. >> the people in colorado will be up in arms as well. coming up, this guy using a jet pack. we've got it all on video. if people in germany are deeply collided over the massive influx of immigrants. asking for merkel to resign. more varney next. technology empowers us to achieve more.
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>> violence in germany this weekend as anti-immigration protesters clash with police and counter protesters fighting, looks like it's going to get worse here. >> it looks like it's going to get worse. it's part of europe's sinking economy and because of this migrant crisis. jo bes in hungary and chance and germany, it's a big concern, charles. charles: that's part and parcel
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of the whole euro skeptics as well. it doesn't help and i think angela merkel now really putting her place in history in jeopardy. i think she's ranked as one of the top leaders that germany has had. >> it just highlights once again to mary's point, the complete disjointed, dysfunctional nature of the eu, and merkel at the beginning of this crisis came out and said open the borders and bring them in and quickly thereafter, said what have i done and changed. >> that's a moral obligation because these people wouldn't be fleeing to europe if not for the fact that we didn't get satisfied out of power. >> but it's a more-- it does and it shouldn't, and it doesn't because europe taking these people, the problem is they don't want to distinguish between good and evil and morally incompetent and morally incompetent with
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the state and-- >> it's crazy and i'm not sure what the game plan is. ashley: i don't think they have one, charles, at this point. charles: i don't know that they have that kind of moral obligation because the people of germany feel they're owed something else. the opening bell is next. some christians and some of you weighing in on twitter, very angry with starbucks after the company now facing backlash on-line at at their stores. now you're looking live. that's milwaukee coming up right there. the presidential candidate, right there. they're going to be there tomorrow for a real debate on the economy and the state of the nation. more on that when we come back.
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>> my problem with gitmo is, it's an anomaly under the constitution. we simply cannot hold people without charging them under the constitution. charles: that was judge napolitano earlier this morning. the opening bell is just moments away. actually, just three seconds away. and equity futures looking like we're going to be a little lower. remember, this is six weeks in a row and we have the big jobs report on friday, and the market is still not sure what to make of it. we'll see if the bias remains to the upside, if it does, the
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question is what would the catalyst be now. because there may be more question marks than not, it's a good jobs report. let's check on the opening bell. and it's starting to ring, and they started to ring early and they have signs up there and telling everyone to applaud. and even they're making-- we won't open up a thousand today, but opening lower on the first tick on the dow. down 30 points. and liz macdonald and keith fitz-gerald and scott shellady. you said friday it looked good. that's the real story, so what is? >> the real story, charles, one that we've seen before. we've become a nation of part-time employees and government and bailout essentially written off 3 million americans who have given up. the numbers are looking better because you're decreasing the size of the pie. i don't read into it what everybody thinks.
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there are pros and cons. millions of people quit, think the sofa is better. >> you have to take this on a six month average and they can be out of line. when we began, six month later. and then 200,000 and even back in 214,000. we're significantly off the highs where we started the year. the fed needed feeding and the fed got fed and they're going to use this number to raise rates, but if we have a horrible number in december or any more down grades in. about pi, cpi or any other numbers, i think it's again, a difficult choice for them. >> so, but so you're saying the fed is up in the air? >> i'm thinking 33% of the people don't think that they're going to-- 16-6% do. it's not a done deal. charles: let's move on to china. they have signs over the weekend, more signs that
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they're beginning to weaken. imports stalling, right, ashley? >> the trade figures period so far off for china, imports down 10% in october. so much for domestic demand, it's just not there. the imports have fallen and exports, 6% year over year, and an aside, terrible news for the resource companies like australia that's struggling and china is not importing those resources now. and bringing it back to the fed. because they mentioned chinese weakness the last time around. >> they did. but i think when yellen started speaking, she started taking it, she backed off a little bit and that's one of the reasons she said-- >> how things can change in 30 days is confounding. that's a serious issue. now, remember how wall street is going to look at this. how something is better and worse. raising interest rates in an earnings recession has got to be worse.
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we still have to see some good strong numbers to make that be the case. charles: keith, here is the deal, also, the china's market was up overnight in part because with the numbers, the speck lation that something is coming. >> everybody says that china is going to fail, china is trance sixing to a service based economy that means that defgs-- definitions are going to be wrong. if you look at apple, nike, around the world, they're doing well here, because the individual chinese consumer wants them very much. i think there's a bright spot in this. although we've seen some weakness in the luxury goods sellers and that might be more about the economy and-- >> and this week in china, as well. >> apple, nike. >> the longer term. charles: want to take a look at facebook and amazon, those have been two monster stocks today. and holding on to the gains
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here, pulling back a little, but that's marginal. scott, what do you say? it looks like chasing the winner is the way to go right now. >> the recovery, since we've had the lows four weeks ago has been led by these types of stocks. and it's dangerous to get on board and going for the christmas rally. be wary because we didn't see the stocks react like we thought they would. >> another hot momentum stock, priceline down 80 bucks, to your open, got to be careful when you chase the momentum guys. barron's actually saying that they could pop 40%. ashley, i'm scratching my head over here. >> and this is a dividend of nearly what, 5% return, that's very good indeed. they believe that gm's revival is here to stay. >> really? >> it's good value and kicking it up to 48 bucks, that's a nice 40% gain. and also, i find interesting, i think that millennials are driving less and i think that that is an issue, and there is some issues with, their overall
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protection, which i think they're not factoring in, they could get the barron's bounce today. >> it looks like the balance sheet is strengthening and it's coming down. this stock is trending at where it was before the financial crackup so it's been really, if you look at the trend, trading around the flat line. the story did not being aage know the fact that americans are holding onto their cards longer, record 11 1/2 years. >> we're on track, possibly. for the best year ever. here is the thing, chief. and may knock the f-150 out of the box. this year, gm may take over in trucks. >> absolutely, but here is the thick. they've been talking about a pop in gm. this is an older story that comes around the headlines. i don't understand why. people buy cars not with cash anymore, they buy because of debt. if the fed raises rates and middle america is squeezed. i've got to remember where that pop is going to come from. >> 25 basis points might not
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change the dynamics that much. and i looked at priceline, disappointing forecast. let's go to the floor of the exchange and find from nicole petallides the details. >> good morning, charles, take a look at stocks are down over $80. right now at 1368. a 5 1/2% loss. it wasn't the latest quarter. in fact the latest quarter for profit and revenue were just fine. it's the jut outlook and the weakness is here in the u.s. the foreign visitors, the british pound visitors aren't coming to the u.s. because of the foreign exchange rates and that's part of the reason they're giving a forecast weaker than expected. >> that strong dollar has been a nemesis for the stock market for a long time. i will note to the audience and this only takes the stock back to mid october. >> i want to take a look at whole foods, they ain't what they used to be. keith, you say it's a bigger branding problem than chipotle. you want to tell us about it? >> i think so. because the stock is now questioning the company or the
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brand, the consumers are now questioning the company because it's price gouging. if you're talking about a supplier issue with chipotle. that's is your moundable, they can clean that up. here you're talking about a chain that's earned the ire of all the consumers. they refer to it as whole paychecks, i've got to wonder how it's going to affect the company. >> you're right, you're paying top dollar for a lot of job cuts and looking to take a lot out in the way of cost out of the bottom line. if there's a wal-mart or a costco or near a whole foods. >> that's the best point to me. the competition has finally caught up. >> and people are going organic and-- >> and they say it's the fresh foods and organic, the stock went down to 27 bucks and 30, now 31 because a lot of people think it's so cheap because somebody's going to buy this thing and clean it up. >> due to the competition, i don't know if that's the case.
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there are a lot of choices out there. with what whole foods has done as of late. they're clamoring from it and mom and pops pretty well. >> i think that's time for a management change. and speaking of management change, you're short, okay. and formerly offering cash, to the car drivers. what's the details here? >> i think it's interesting that vw is getting out in front of this, offering cash, and listen, this is a turn around story off of a scandal, a controversy for vw. this stock is poised, possibly to go higher, analysts on wall street stay because the brands models. >> keith, i'm hearing from the division alone. this means a $30 stock and this is luxury stuff they sell. >> i don't know, i actually own one of these stinky desells and it's interesting personally, but you know, if you look at
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japan, sales of vw, they're down 48% in japan. i wonder with are that's going in the rest of the world. the numbers i'm hearing are 4 to 6% off global sales and i'm annoyed as an individual consumer because i bought that car, if i'm annoyed, i've got to imagine millions of other people are annoyed. charles: you're right. and starbucks, this is blowing up on twitter, this morning, their holiday cups. a lot of people are not happy about it. ashley. ashley: plain red. forget the reindeer and the christmas trees and with the corporate starbucks logo. come on, your non-pc by putting merry christmas on the cups? it's gone viral. the social media, one #merry christmas starbucks. one video has been viewed 7 million times by this guy in arizona who's asked the question, where have the snowman and reindeer of
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yesteryear come? why does starbucks hate jesus. >> and it looks like any cup you'd get at a frat party. charles: on the coast we've been used to the pc, take religion out of these holidays, but in middle america, this resonates a lot and people don't like it. >> they don't like it and these kind of stories come up this time of year every time. when did we become, the land of the free to the land of the offended? it seems like we always have to have something to talk about. i don't think that it's that big of a deal, but yes, it resonates and-- >> it's annoying. >> what part is annoying liz: it's not a merry christmas. what's the big deal? >> i think it's one of the foundations of our country and let's get back to it. we've been open for ten minutes. and the market is grappling for something, anything, some kind of a spark. dr. ben carson facing media scrutiny from the media.
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he says that donald trump was far too quick to judgment and says we can't have someone like donald in the oval office. we'll ask karl rove about that in a few moments. more varney next.
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>> all right. check this out. that is so cool. the ceo from the jet pack aviation becoming the first person to fly around the statue of liberty and liberty island with a jet pack. now, the jet pack has a flight time of over ten minutes, depends on your weight. for me it would be two minutes. the company working to commerciallize this thing. it looks like a lot of fun. personal flight and natural disasters, great uses for it as well liz: cool. charles: speaking of cool, excitement for tomorrow's debate in the media. and jo ling kent with a breakdown what is trending. >> that's right, a billion
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people log on to facebook every single day so we wanted to know what are we talking about ahead of the big g.o.p. debate in milwaukee tomorrow. the top five issues that voters are talking about right now. we're talking about government that comes in at number one, followed by religion, guns. the economy and taxes. we're also looking at what candidates and what the issues are regarding each candidate for secretary clinton, the top issue being talked about government ethics, but for donald trump, it's about immigration and the economy, charles. this is all about what will happen on the debate stage. what the campaigns are looking at when they look at the giant facebook followings and seeing how they should be responding to potential voters out there. charles: thank you very, very much. now, ben carson firing back at donald trump for his quick reaction on twitter over the west point accusation. watch this. >> what does it say about people who immediately jump on the band wagon if they hear
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something bad, rather than waiting and finding out what the truth is? >> what does it say? >> well, let me put it this way, i would not be anxious to have a commander-in-chief who acted that way. charles: the former deputy chief of staff to president george w. bush karl rove. karl, the carson news broke on friday morning and we were one of the first talking about it and donald trump talked about the lies and even more lies to come. was that a mistake on donald trump's part or just par for the course? >> well, it's par for the course and it is a mistake. trump has got to be careful of that, raising the issues about veras ss ss s verassy-- veracity, he's had questions raised about his veracity, he had to admit in court he misstated things in his book.
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think about the charge that came up on friday, which was that ben carson was not offered a quote, scholarship to west point. if you think about this, here is the number one rotc candidate in the city of detroit, a young african-american and the immediate aftermath in vietnam war who sends tends with general westmoreland and heralded as the young outstanding rotc cadet in the greater detroit area and it's entirely plausible in general westmoreland and rotc official would say, if you want to go to west point, theys entirely plausible. why donald trump starts calling ben and saying he suffers from a path logical disease. it's over the top and ben carson has higher credibility
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with the american voters and republican voters than does donald trump. charles: maybe you're answering the question right there. maybe it was a smart move on donald trump's part in the sense, hey, you chip away at the greatest strength of your rivals, in this case, trust and honesty for ben carson? >> i'm a big proponent of taking what your opponent thinks is his strength as a weakness, but in this case, carson has a credibility that comes across. if there are things you want to go at there are other things you might want to go at with his record, his view that the pyramids were not burial sites f for pharaohs, but storage facilities for grain. one is that he's a seventh day adventist and not a true person of faith and second of all going after him on a sense that this young man would not have
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been offered encouragement to go to west point when he was the number one rotc candidate in the city of detroit doesn't make sense. charles: and he also had the highest sat scores in 20 years in detroit at the time. an amazing student. very brilliant. let's talk a little about how important this debate is going to be for jeb bush, honestly, i thought that-- well, i think that most people think he's on his last leg and i don't know that he did enough in the last debate and he's got to be hanging on by a thread, karl? >> let's be careful about hanging on by threads, does that mean he's out of money? no. does it mean-- >> you start in the 20's in the beginning and you're the top candidate and languishing around 4% and average, you're hanging on by a thread. >> look, i'm not certain i accept that. but let's go back to the question that you first asked. what about tomorrow night's debate and he needs a good debate. he had a good week last week and lousy the week before with the previous debate. but last week, he gave a speech
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in iowa on a saturday, that people were-- the press went after on a death watch. if you think he's on his last legs, he gives a speech in tampa which showed energy and excitement and new hampshire and three good days, but he's got to have a good night tomorrow night. charles: that's what i was going to ask you. could tomorrow night be make or break for jeb bush? >> well, it will help-- it will help make him. it doesn't necessarily break him. look, what matters now is what's going on in these early states and rick santorum was in single, low digits at this point in 2011, and became the runner up to mitt romney in the contest because he did well in iowa. at this point in 2009, excuse me in 1999. john mccain was languishing down there like in third or fourth place and yet, he did well in new hampshire.
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charles: in order to do well, karl, he'll have to do something to resonate and i know all the other come back stories are good and maybe keep him enthusiastic, but i think, and i think you might agree that he better show really big tomorrow night or he'll be in trouble. got to leave it there, buddy. thanks a lot. don't forget the first debate. 7 p.m. eastern time tomorrow, and sandra smith, trish regan and 9:00 eastern, going to be joined by neil cavuto, maria bartiromo and girard baker, that's your second debate. the dow is turning negative, now up 141 points. coming up, how many of the apps on your cell phones can actually be taking information from you and selling it to third parties? the numbers will blow your mind. also, we didn't-- we did mention there's a debate going on. there's a bit of debate trivia. when was the first presidential
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debate, 1950, 1960, 1970, 1980. the first one, the answers next. ♪ hi, tom. hey, how's the college visit? you remembered. it's good. does it make the short list? you remembered that too. yea, i'm afraid so. knowing our clients personally is what we do. it's okay. this is what we've been planning for. thanks, bye. and with over 13,000 financial advisors, we do it a lot. it's why edward jones is the big company that doesn't act that way. ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes. our passion to make it real. ♪
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e-mack got it, between richard nixon and john kennedy. i thought that was the first televised debate. i'll talk to them about it. and phone apps could be sharing your personal data. and how do we protect ourselves from this? this is crazy. >> good morning to you, it's kind of outrageous, researchers at both or actually all three, harvard, carnegie mellon universities have come out with results of a survey they've done. 110 of the most popular apps on both iphones and android phones and they did 55 each side and they found out some stunning numbers here. and that is that a majority, a vast majority of apps are now sharing to third parties a lot of information about ourselves. including our e-mail addresses, our location, whether we have or haven't given permission for that. charles: when you say sharing, you're selling it. is there a way to stop it?
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>> you know, here is the thing. this might be something for the presidential debate coming up here, an issue that continues to rise is our privacy as relates to technology and how this is so pervasive in our life at this point. 73% of apps on android at this point are sharing or selling to a third party liz: who are they selling it to. >> you know, they're selling it to companies who would like to understand a little more about what we're doing. for example, on an android system, the drugs.com app where you can look up pharmaceutical information about a particular drug and put in your ailment. such as what they tested as the word herpes, it was shared with five different sources. charles: that's crazy. >> who are the sources? people, maybe drug manufacturers. charles: we've got to leave it there. hard wrap. this is so intrusive people need to know about this and i think we better take action. appreciate it, buddy. fox business as you know we're gearing up the for big republican debate tomorrow
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night in milwaukee. and steve moore, the guy that candidates go to advice on the economy. and what does he think about the tax plans and could there be an end to sea world famous orca shows. "varney & company" hour two is two minutes away. ♪
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. charles: it's 10:00 a.m. eastern time, i'm charles payne in for stuart. here are your stories. a live in milwaukee where the debate is tomorrow night right here on fox business network. and to israel, escalating more palestinian attacks over the weekend and prime minister netanyahu is heading to the white house today. the pentagon considering sending more troops to europe as tension starts to rise. "varney & company" hour two starts right now. ♪ ♪ . charles: first of all, check in the big board, the dow
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turning negative for the year, that's probably the biggest no name down a who the lot today, city group lowered, et cetera, forecast for retailers going into the holiday season and macy's and kohl's suggesting they could be lower in the fall. and disappointing on the top line consequently that stock is getting slack, because of the economy. uber. and, blake, we're looking at the tax plan, ben carson was on with maria this morning. what exactly did he say about his? >> well, dr. ben carson says he backs a flat tax plan because he believes in proportionality. when the candidates take the stage tomorrow night, all 12 of them, there are only two who laid out a defined tax plan, carson and carly fiorina.
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but carson has been an advocate all along for a flat tax. once put at about 10%, several weeks ago he moved to where it should be at about 15% or so. he spoke with maria as you mentioned they really morning. >> i'm in favor of a flat tax. because of proportionality. everybody should hit exactly the same. in order to, you know, remain revenue neutral, we would have to make that rate at about 15%. and eliminate all deductions and all the loopholes. that would get us about 2.7 trillion. which is still short of the 3.5 trillion we need. >> three other candidates on the stage tomorrow night have sent out a proposal for a flat tax. you can see rand paul is about that 15% mark with 14.5%, ted
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cruz and on the other end of the spectrum at 20%. and an exact proposal from dr. carson is expected to come in the up coming weeks. charles: thank you. and let's bring in steve moore is with us. all right, steve, who has the best tax plan? >> hey, charles good morning, i'll be out there in milwaukee tomorrow as well. look, i think there are a lot of good plans, i was so heartened to hear that report about ben carson coming out with the what do you call it? proportional tax, some of us call it a flat tax, wonderful, i think ben carson has talked about a tithing tax of 10%, you can't get much better than that. the big story here i think, charles, and i have worked with a lot of these candidates, on the republican side they virtually all want to cut tax rates. they all want to reduce the business tax, which we've talked about so much on your
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show is so detrimental to our economy. so it's hard to say which one is best -- charles: so funny because the tax foundation with the dynamic scoring actually says that rand paul is the only one that could generate -- you know, take the deficit down and add to the economy almost $800 billion and that's the big question. there is a limit. we would have zero% tax if we wouldn't have a government. so donald trump's plan would create 5 million jobs and also 12 trillion in deficit. so where do we find that happy medium? >> here's an important point where your viewers need to understand. there's all these numbers being thrown out there, you just through some out what this one's going to cost, what that one's going to cost and here's an important element for the debate, for the first time we have congress using dynamic scoring. that means when they look at a tax plan now, charles, they're
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not just looking at the static revenue loss but how much does the economy grow. if the economy grows by another 5 million workers; right? charles, that's going to add a lot of revenue to the government. charles: but real quick. even with dynamic scoring, trump's plan would cost -- everyone's plan would cost money except rand paul. so, hey, that's wrong, you add 5 million jobs, we won't have a deficit, we'll have prosperity. >> look, if you could get five million jobs by raising the deficit, i would be in favor of that, we just spent $800 billion under barack obama that didn't create a single job whatsoever. but the point i'm making you're going to hear all these candidates tomorrow night talking about why my tax plan is best. i think they're all good. what heartens me about this debate, these guys are finally listening, there's a consensus that this plan is junk, we've
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got to start over, the fundamental principle i think, charles of a good tax system, get the rates low, the base broad, and as ben carson said this morning. you know, charles, you make ten times more money than i do, so you're going to pay ten times more tax. not 100 times. charles: hey, steve, thank you very much. really appreciate it. >> yeah. charles: we're also going to take a look at the top five issues that facebook users are talking about and a little bit different. first believe it or not. government ethics. religion, guns, the economy, then taxes. lisa booth is with us in studios. great to have you. >> hi, charles. charles: so why do you think social media, the are things resonating because in other surveys, economy always comes in first but it's like fourth place here. >> well, quite a few pew research individuals 20 to 29 are the largest facebook users. that excuse the numbers a little bit. why you're saying these are most important to facebook users but you're right.
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you look at any national survey of voters, it's jobs, the economy, that are the issues that are supreme. charles: also the millennials are the largest age bracket now. there are more millennials than baby boomers. maybe they'll be the deciding factor for who's next in the white house. so government ethics, religion, guns, these are really interesting, and i think they hit the sweet spot of republicans. >> well, if you look at government ethics, 72% according to washington post, 72% of americans believe that politicians are untrustworthy. they do not trust politicians and when you have someone like hillary clinton go before the benghazi committee and tell boldface lies, that has something to do with it. but i do think the economy even among millennials is incredibly important, sky high, you know, 40% of americans are unemployed and out of the workforce right now. . charles: so what do you make of guns right now at least with respect to the facebook users being talked about more? is that more not necessarily
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about guns but personal freedom, the constitution? >> well, i hope it's about personal freedom and the constitution because the last thing we need is the government coming in and taking away on you constitutional right to bear arms. so i hope that has a lot to do with it and if you look at the shootings we've seen, the biggest commonalty is it's happening in gun free zones. charles: the millennials, older folks like to say they're entitled. particularly the younger ones. do the candidates have to tread carefully between saying, hey, you're entitled and also owe your country something. in other words, could the jfk motivate or they're saying you're part of the problem you're still in your parent's basement, get out of there. >> well, i think they need to get out of there, coming from someone who pays my bills myself. but the most inspirational
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message that candidates can do is talk about hope, opportunity, and economic freedom, and that's what i hope we all to see. charles: i hope we all do, don't forget tomorrow night, fox business starting at 7:00 p.m., that's our first debate and then tune in at 9:00 p.m., maria, neil, and wall street journal editor in chief, they're going to all host that second debate. in the meantime star wars fans got another sneak peek of that up coming movie. another one huh? >> oh, it is good stuff to you guys. star wars fans are excited as the new star wars the force awakens tv spot presides another glimpse into the next part of the story. the 308 second video starts with the falcon flying around, social media, though, is buzzing on fans assumption that one of the new characters is actually the daughter of han solo.
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this is big stuff on the internet right now. all right. southern california residents took to social media when a mysterious flight streaked across the the sky. twitter lit up with thousands of pictures and videos of this object that many thought it was an ufo, well, turned out it was a missile fired by a submarine, it was visible by arizona and nevada, where the real ufos go to dial. and this is viral video, a 12-foot alligator was discovered outside a shopping mall in sugarland, texas. wade 800 pounds. >> a lot of times when i show up on a call it's, you know, cops and mostly guys out there and they're, like, hey, they saw a girl and they were, like, yeah, and then they doubted me at first until i get him taped up and ready to
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go. >> he got lost and will be quote brought to a animal sanctuary and meet girlfriends and making babies every day and have a good life. charles: and i thought being a thoroughbred was a good thing. we've got more violence in israel this weekend and this is amazing. i don't know if you've seen it. a palestinian woman stabs a security guard and slams his car into a crowded bus stop. meanwhile benjamin netanyahu is meeting with president obama in dc this week. are we giving israel allies the help they need? it's a serious question and serious answer. we're going to try. more varney next ♪ the way i see it, you have two choices; the easy way or the hard way.
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charles: checking the big bother here'd. dow jones industrial average down for the day and now down for 2015. disappointing forecast priceline is one of the biggest losers on the s& s&p 500. a well-known name down almost
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$100. let's take a look at shares win, another big win on the s&p 500 right now. down 6%. the violence escalating in israel and a palestinian driver slammed into a bus stop. ashley has more. >> five people injured in that, the driver, by the way, was shot and killed but israeli soldiers shot and seriously wounded, two israeli teenagers shot and wounded and then we had another knife attack in the parking lot of a supermarket on the west bank. it just goes on and on. difficult situation. a lot of this -- you know, talking about social media, a lot of this being fueled by social media. charles: yeah. >> with these people, the palestinians encouraging to go out. charles: that was the woman who pulled a knife and started attacking a guard. >> yes. and societies random. >> horrific. >> horrific. charles: let's bring in jeff on this because, jeff, you know, the images keep coming, and they keep coming and --
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what's the issue now? it feels like i can't -- i can't get a grasp on why -- what sparks each round of violence, and it feels like there's always something difference. but we can't get to some sort of solution. >> well, first of all, good morning. the preassumption that there's a solution here in the current circumstances is just wrong. there's no solution that because there's a false narrative here and the narrative is that there needs to be a palestinian state and as long as that narrative persists. charles: are you saying that the palestinian state does exist or it should not exist. >> all right. existed and it probably shouldn't exist. charles: some people say there is a palestinian state it would be jordan or -- >> well, exactly. the truth is that the area between jordan and israel, including the territories under dispute, that was considered the jewish homeland.
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it was divided, there's transjordan and then there's israel. the average didn't accept it. now there's a war and now agreed to potentially at the idea of a state. but the truth is the ones who negotiated, he never agreed to a state and the fact it was american policy interestingly until hillary clinton was american policy to say tost that the palestinian state would be to america and the entire region. when she was first lady she said five years after, maybe this should be a palestinian state and the world went craz. charles: but could you put that jeannie back in a bottle particularly with respect to the palestinians and the arabs? >> the jeannie has never been out of the boggling. we fund the refugee organization to make sure group of arabs. just for these refugees. we don't do it for any refugees in the world. seal absorbs more refugees
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than had to leave. the truth is that this violence has to be endured. it happens every single time. charles: but, jeff, essentially what you're saying is this is going to go on forever. >> no. it's not going to go on forever. it's going to go until -- and it was an interesting sign for barack obama. barack obama said he doesn't see a palestinian state in the immediate future. this is the first time since they started talking about a palestinian state that a president has said that. charles: so speaking of which, you've got prime minister benjamin netanyahu meeting with equilibrium this week. it feels like they're on better terms more recently. what should we expect coming out of these meetings. charles: well, each side has an interest in mending fences at least in terms of the optics. it's very important for the democrats to be seen to be on good terms with israel because let's face it, israel's approval generating is much higher than republicans in this country. and being the most important
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they have is qmes, qualitative military edge. something that was negotiated -- since reagan israel's always had a quality military edge and america's helped it. there was a ten-year deal bush, to do next year. so this is important that israel maintains a quality military edge. and barack obama's deal with iran actually raises the stake and that requires more military. charles: sure i mean because we give them the $150 billion in addition to the ability to buy and develop these weapons. we know it's going to spread and get into the hands of others, including their own arsenal. so what are we talking about? greater military aid, greater access to our systems? >> right. and as you mentioned there's now proliferation in the region, gulf state is going to help other american allies in the
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region. so what was painted as a peace deal that would stop nuclear development is leading to an arms race. charles: doctor, that's one of the main criticisms of it and there's no doubt that it's going to happen, saudi arabia is going to buy a nuke, get a nuke from pakistan. >> yeah. charles: but it's so disheartening fossil that there's no end in sight to this. >> it's very disheartening and i was just speaking -- you were mentioning on the lead in on the car incident, it's a small country and very small people and i was speaking to israel it today and he said one of the five victims is a brother after friend of ours. everyone knows someone. charles: well, the way its treated killer and walls now a bill moving through congress that could put an end to their orca shows once and for all. we're going to give you the details right after this the future belongs to the fast.
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charles: now let's take a look at hertz. the profits are great but, again, the top line, revenues, they disappointed. and the deal -- it's georgia trying to create a $23 billion timber giant, plumb creek now trading at all-time highs. let's take a look at seaworld, the stock has been under a fairly amount of pressure for a while and now there's a new federal bill aimed at ending seaworld's orca breeding farm once and for all. liz, what would happen?
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>> well, you're right, ticket sales have been down, goldman sachs just downgraded the stock. what happens is congressman, representative adam schiff, a representative out of burbank says he plans to introduce the deal that would prohibit breeding of captive orcas, prohibit -- stop the capture of orcas and stop the export and import of orcas. so that would effectively shut down sea wold. this stock has been under pressure since the cnn black fish documentary. and saying orcas should be transported to animal sanctuaries because they're being psychologically abused and they're not supposed to be living in these kinds of circumstances. charles: you were one of the first ones i knew that came out with criticism against -- >> well, basically it was a story that had inside documents at seaworld showing it was covering up the dangerous behaviors of its orcas in terms of turning them into killing machines where the orcas were killing and going after individuals,
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including a trainer that was killed. and also how blackstone brought this company public after dumping a boatload of debt on it and building itself big fees and dividends back to itself. so this stock is still under water because they're trending toward under water because of the ipo price because it has that debt and the cash flow numbers are not coming in as strong. charles: they can't breed them and they can't capture them, then the orcas that they have now, that's it. after this, they will never be able to replace them. >> yeah. it's a tough go for seaworld. charles: right. all right. coming up. u.s. military officials consider sending even more troops to europe as tension with russia escalate. colonel ralph peters is going to weigh in on that and the republicans are going to take center stage. which candidates are most popular on facebook? we've got the answer for you right after this it's more than a network and the cloud.
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charles: checking the big board. not a great way to start the day off, down 175 points, that takes the dow negative for the year. gas prices down overnight. that's some good news to $2.21, that's your national average for regular gasoline. and let's get back to the debate. jo ling conten kent is here, you have some information on who is on facebook. >> yeah. billions of people on facebook but everyone wondering what are people actually talking about? well, here's the top candidates that are doing the best, most engaged, most talked about right now on facebook. you've got trump, no surprise there, followed by ben carson, ted cruz, jeb bush coming in fourth actually, so doing better than he is in the polls and senator rand paul
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topping out the top five. now, we wanted to look at the issues to donald trump, what do people who are talking about donald trump, what are they talking about? what do they care about when it comes to him? well, it turns out it's immigration. the economy. finance issues, racial issues, and religion coming in at number five. so this is tons of data points coming together and as we go through it, it's changing as we approach our gop debate tomorrow night. you can see trump very much dominating the conversation but if you look at the overall top candidates, secretary hillary clinton still coming in at the top, bernie sanders also in that overall top five as well. charles. charles: you know, much has been made that ben carson has been able to use facebook as a giant money-making machine. how many of the candidates are being successfully to turn that social media presence into money? >> you know, there's a lot of candidates using different types of approaches. but facebook very much able to take the share because that's where everyone is. they've got the most users
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with a billion people logging on every single day. so if you look at it, they're also using data from facebook to decide how to target you at home, regarding where you live or what you like to do or what issues you care about. so it's a two-way street when it comes to the facebook data, charles. charles: the. charles: all right. >> thank you very much. we'll be back to you soon. of course don't forget to tune into fox business tomorrow, the action starting at 7:00 p.m., trish regan and wall street journal host the first debate and then 9:00 p.m. neil cavuto and maria and wall street editor in chief gerard, they're going to host debate number two. now this. u.s. military officials propose sending more troops to europe to deter aggression from russia. colonel ralph peters is here. ralph, i don't know. it feels to me too little too late. you tell me. >> well, actually it's not too
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late. it's certainly too little. the idea of rotating and bringing back u.s. army heavy before he gades of any kind is a decent first step but long, long climb with many more steps to come. and it's not cartridge putin's smart enough to know that just sending them on a temporary employment is a symbolic gesture but not meaningful because what you need as an not numbers is establishment. and when we grew down our forces in europe, which one point almost a half million on the ground, army, marines, air force, navy, we cut too deeply and dismantled the infrastructure, we had warehouses full of equipment so that in a crisis we could just fly soldiers in that could go to the warehouses, get the equipment and get on the move. well, now you send these but they're not ready to fight because they don't have
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the infrastructure, the spare parts, the ammunition, the fuel, the band-aid, et cetera. so, again, putin knows it's symbolic. again, let me repeat, it's a good symbolic gesture, a good first step but we need the full division, that's about 30,000 men with support and warehouses stocked so we could fly more people in because our man in europe and a very, very brave and candid and noble soldier has made the point that putin is aggressive, we're not prepared and putin is not going to give us a free ride to just sale troops to europe. we've got to be ready on the ground when the crisis hits. charles: well, how likely is it? full scale invasion, would it be and are you aware ukraine, would we start looking at them making their move soon? >> well, you want to avoid the syndrome we saw in where i work you plan with the worst
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case and end up with the worst. you plan for the worst case and then you're often pleasantly surprised. when we look at the strategic situation in poland, the most worrisome to me would be the first month of the next american presidency. i think putin is going to test us. and relatively minor test but it could escalate. so you've got to -- geography matters, you teach it in schools. in the cold war germany was the front lines now it's poland, the baltics, romannia and now we should be looking at enough troops is that putin is deterred. charles: well, he wasn't deterred from georgia and cry mia investigators announcing that a noise was heard on the last seconds of the cockpit recording, increases like that
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suspicion now that this plane was brought down by a bomb. what are your thoughts? >> it was a bomb. i don't think anybody ever really believed anything else although you couldn't initially discount terrible state of russian's maintenance. what's interesting to me at this point is how brilliantly putin has turned this around propaganda-wise. at first he was shocked, this is a russian airliner full of people and initially there were denials, oh, no, it must have been pilot error, it couldn't have been a bomb. well, putin as the evidence became incontroversial and he said we've all got to get forget fight isis, the west has to get off their high horse and, we have a common enemy, this guy is strategic ballet, he's taken a lemon and made some vodka infused lemonade. charles: well, that may work with the russian people, i
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know his poll numbers are 8089% or something astronomical, but isn't this even if you are the? >> this is brilliant for isis and there are conductivities we tend to miss, for instance, the assassination of two american advisors in jordan and many others wounded. that's on the same level with them infiltrating into the airport. obama talks strategic patience. what he means is if we just wait, maybe something will happen. but the real patience are these islamist fanatics. they will take years to the afghan military, takes months or years to infiltrate into the area of an airport. and that does several things. one, it's effective just you get the -- you get the killings, you get the aircraft blowing up and its headlines.
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but what it really does is it destroys trust. it breaks down trust between the host nation and the advisors, the flying people' public tourists, et cetera. never under estimate th the intelligence enemy. charles: is that the euphemism for america for leading from behind? >> yes. strategic patience to the obama administration means just don't do anything and cross your fingers. . charles: so what -- you know, it's -- but it doesn't go away, and i think this is the most important point. none of this goes away, it gets more intensified and our lack of action now or lack of success means success and action are going to have to be that much greater in the future. >> a key problem is even a little bit the obama administration has done and our allies won't do much if we don't do much. but what he's done is taken local tactical low level approaches to what's a near global strategic problem. you can't think in terms of,
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oh, iraq's over there, syria's over there, yemen's over there, you've got to look beyond the european designed artificial borders that are collapsing. let's use the hippie california word. you've got to take a holistic approach to fighting terror. and also you've got to be really damn mean and we're pussy cats. charles: we'll leave it on that note, lieutenant colonel peters, thank you as usual. >> thanks, charles. charles: let's take a look at the big board, the markets have been under pressure all morning long. and at the cme, what's going on with the market? we opted down and now stumping along here. >> good morning, charles, liz, and ashley, this is a very controlled quiet sell off, there's really not a lot of volatility down here. you can hear it behind me in the pit, not much going on. i think people are taking some profits. we're up six weeks in a row, you would think at some point, we're loading this boat up like the titanic, so you would
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think some would take money at some point. charles: yeah, that's true but one thing about this market, it hasn't been a sideways market, it guise straight up or straight down. so even though it feels there's not a big rush for the doors and this have a controlled selling, doesn't take much for controlled selling to make that snow ball that becomes a boulder. >> absolutely. i think that that's probably in the future. i think that is common, charles. i think overall right now we're in this area that there's a real lack of real overall concern. the market. you and i both know that when that sentiment changes, there will be a rush to the door, and it will flush very quickly. but in the meantime we're stroking along around these areas trying to debate but the real news is, it sout is the fed can going to raise rates or are they trying to control the schematic keep it in play here? so there's a lot of things going on. i do believe we have a huge sell off going milligram but i
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don't know when it will be. charles: probably just after the year end, we'll see, obviously day to day. appreciate it. >> thank you, charles. charles: time now for our sector report, cheryl, what are you watching today? cheryl: let's go to oil, right now at 43-84, but look at this chart in one year, why does it matter? you can make a direct correlation between that and what we're seeing in the energy sector and you look at a lot of these names, exxon mobile, chevron, all of them down today, oil was down today and then you look at -- let me just give you an example of exxon mobile. same situation so as you continue to track great news, which is cheap gas, gasoline prices, you have to remember the other side of it in your 401(k), your portfolio likely you've got some of these stocks and they're feeling a little bit of a hit. >> yeah. but some stocks get the benefit of cheaper oil and cheaper gas; right? fuel for airlines. charles: yeah, but some of the airlines could be weak, and i thought a lot of those
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restaurants would be low but they've been mixed too. so, you know, i think these are the names to cheryl's point that move like that broad markets. exxon mobile is going to have a much bigger influence. >> i'm not talking about just gas for, you know, consumers, it's also delivery costs for ups or fedex or the airlines as well. so the activity -- yet to be that wall street analysis that shows the offset. charles: it hasn't happened yet, though. i don't know. maybe we'll see it. thanks a lot, cheryl. republicans getting ready for that face off tomorrow night and it's the debate and it will be about the economy. believe it or not it's going to be about money, your money, all front and center. but former new jersey governor whitman says you want to hear what the candidates have to say about climate change. she's coming up. right after this at ally bank no branches equals great rates. it's a fact. kind of like ordering wine equals pretending to know wine. pinot noir, which means peanut of the night.
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>> i'm nicole petallides with your fox business brief. the dow jones industrial average down 161. right back after being up several weeks in a row. pulling back almost one full percentage point, there are concerns that obviously the fed will raise rates next month and also looking at the dow, ibm hitting a new low, that's been down under pressure, down about 2%, nike, chevron, also the downside oil. and weight watchers up three folds since opera winfrey went in the middle of october and
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then and now you have steven cohen taking 6%. weight watchers up 5% at the moment, and an unidentified property, take over offer that apparently came in a letter, unclear now whether the talk will resume and with that, we see the stock up about 11% at the moment. start your day every day fbn a.m. at 5:00 a.m. all the news you need to get your day started
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charles: all right. you're looking at the dow jones industrial average getting hit today and negative for the year. that's what you call a real tight trading, apache opposed by an unidentified party and sending the shares much higher. and sending goldman sachs on a defense, wink wink. and tomorrow night the debate full focus and our next guest says climate change should be a topic, less bring in christy todd whitman, thank you, governor for joining us. climate change front and center, what's the likelihood of that happening? >> likelihood of what happening? climate change. charles: will bring up as a candidate. and, look, we've got all these different issues, the economy, got these government ethics, personal issues, we've got
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security, foreign affairs, how could climate even get involved. >> all right. probably won't but it should particularly when you talk about the economics and you think about the potential for job growth. i mean if you look at climate what we want to do, really about clean air. and it's really about a healthier lifestyle. and if you look at that and you think we're the most entrepreneurial nation in the world, we can develop, for instance, next generation nuclear power, the only former base power that doesn't release pollutants when it's producing power. we ought to look at that kind of thing and the jobs there, the republicans can talk about the environment in a positive way. . charles: but the jobs created by other alternative forms of energy aren't that great. if you look at these massive projects in california when they're all said and done, there's 12 permanent jobs. and out there $2 billion. maybe it produces the energy, maybe it doesn't but certainly from an economic point of view once the initial construction is done, there's no work. >> it's not the same thing. there's a nuclear reactor. charles: so you think we
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should start talking about nuclear a little bit more. >> i think we should. charles: what about the bill gates says the private sector can't do it. there's not enough profit potential and it must be gone by government. bill gates saying it must be done by government. >> i think it has to be some other. charles: rejects the keystone pipeline after seven years of thinking about it and, again, points to climate change being the driving factor. what do you think of that? >> well, i think that was a nod to his legislation and the environmentalists who support . charles: here's the problem that a lot of people have on the republican side, this clean energy, the epa, your old stomping grounds has been this amazing big, giant stick, and they've gone after things like the cole industry where thousands of good american jobs have been a loss, or our presence across the country, coal up today up 50 cents, are these companies that are trading at 50, $60 a share,
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they were robust. why are we taking climate change thing so much more seriously than we probably should or have to with regard to the rest of the world? why are we pushing americans when china's still a great coal polluter? >> well, i don't think we are because the quality of life and health care is important to everybody. i believe our obligation is to find the alternative jobs for those people. you're not going to retrain someone who has been a coal minor all their lives at age 45 or 50 to be a high-tech person. but you can train them in manufacturing. charles: there's no manufacturing jobs. last month there were 4,000 less. >> but that's where we're missing the boat. westinghouse, for instance, is building four reactors in china using the ap 1,000 technology. charles: right. >> nuclear reactors counting for 15,000 jobs in this country now. charles: i like the idea of someone bringing up nuclear because that's an alternative in a no one brings up enough. thank you. >> thank you.
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charles: new allegations that russian athletes believe it or not were using performance enhancing drugs while they were competing in the 2012 games. we've got the details for you. right after the break so jill, i know the markets have taken a hit lately. mmm hmm. just wanted to touch base. we came to manage over $800 billion in assets, through face time when you really need it. it's how edward jones makes sense of investing. jeb bushwe have to beave to be tthe world's leader.n. who's going to take care of the christians that are being eliminated in the middle east? who's going to take care of israel and support them - our greatest ally in the middle east? the united states has the capability of doing this, and it's in our economic and national security interest that we do it. i will be that kind of president and i hope you want that kind of president for our country going forward. announcer: right to rise usa is responsible for the content of this message. good.how was your commute? yours? good.
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>> it will indeed, maria, and neil, milwaukee gearing up for the debate, all the action starts tomorrow 7:00 p.m. eastern right here on the fox business network. tune in.
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do not miss it. all right. new allegations that some russian athletes using performance enharassment drugs at the 20122012 police officers. everyone, get out your stunned faces right now. get out the details. i'm being sarcastic, by the way. >> yeah. the agency launched 1999. they're saying state sponsored doping of russian athletes, they're advocating that these russian athletes be band from the real olympics so, you know, they're saying basically it was doctoring samples submitted for blood testing as well. >> so aren't they all tested? liz: well, they're saying the sports administer manipulated the samples. >> now there's a call for the total ban. >> the russian sports program, the russian athletes to be band. >> it would be appropriate if it's true. thank you so much. liz: sure.
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>> coming up, students, faculty, even the football team calling for the school's president to resign after a series of racist instances. that and more just three minutes away can a business have a mind? a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
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>> >> >> >>
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charles: i am charles payne. and for stuart. the stage you are looking at right they are. milwaukee. the republican debate tomorrow night. hosted by fox business and the "wall street journal." we have every angle covered. beefing up the troop presence to counter russia's recent aggression. this is president obama versus vladimir putin. back here at home at the university of missouri football players a hunger strike in a possible teacher walkout. we have it all covered for you on varney. our three starts right now.
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♪ doctor ben carson defending lanes about his past. watch this. >> a political hit job. even the guys in the media are calling him out on that. that is pretty sad. charles: we have a fox news contributor with us. stacy, what do you think? >> i think that it is unfair. a man that has done thousands of successful brain surgeries. why would a man of that stature make up a history like that. one reason i believe in so that people understand that he knows where we come from. people who are underprivileged.
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charles: you do understand that the media has a certain role with respect to betting the presidential candidates. do you think that somehow their reaction or that there is a separate agenda here? >> i think that there is a separate agenda. they are calling him a liar. possibly saying he is a liar. he is guilty until proven innocent which is not how the country is supposed to work. charles: i am not sure if people saw it, and add in the 19925 west magazine, trying to recruit blacks. this is what west point said. i guess not as far-fetched to think that some kid got a free ride meant a full scholarship. >> not only that, but it was 1969. that was a long time ago. charles: then carson said that
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the mainstream media and progressive spirit him. what do you think they fear? >> they fear that they have nothing against him. things that republicans respected mike. they are afraid of that. they did not do this much checking on obama. we do not even have his records yet. charles: do think that they fear, also, that a successful black man that did things in surgery, particularly small children and babies, maybe him being such a high ranking republican candidate may draw away the hold that democrats and progressives have all blacks? >> yes. absolutely. he is. he is speaking from experience. that is what we want to hear. especially people who come from backgrounds like he and i did did you do want to get out. you are angry. he is exposing that.
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that is not something that you are proud of, just the truth. charles: i see a tremendous amount of hate. you take it pretty well. do you look at your twitter page? [laughter] >> i retrieved my haters. why fans just attack them. >> i think the last presidential debate was a debacle. i think that it became personalized. >> pinning the candidates against each other. they did not fall for. i was very proud of that. none of them did. >> stacy, thank you very much. appreciate it. ben carson, all presidential candidates have to be -- has the media been spared so far?
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>> this is something that was entirely predictable. you saw it in 2012 with every single republican who rose to the top. it was a / amber character assassination. the moment carson goes to the top and some of the national polls, here come the attacks. what is worse then the taxes how they attacked him. with such flimsy stories. you have three stories coming out almost at the same time. the first one from cnn. as opposed to carson saying he had a temper, you have others on the other side. you have politico coming out on the other side that he admitted fabricating a story. he did no such thing. politico had to change its story. now the "wall street journal" says he did not attend a certain class at yale. their real name was psychology 101.
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this is it. the interesting thing, charles, what is not predictable is this time the republicans are fighting back. they are not on defense. they are on offense. this will be very good advisable thing for them to do. stay on offense against this. charles: stacy just met the point that they sort of have a nice all the republicans on stage during the last ebay. now, maybe some of them are breaking away. searching candidates picking up on criticism. using it against their rivals. would that be a mistake at this point? >> they should not do it. it is not on this. it is not an honest thing to do. i could not help but remember clarence, the uppity black man on the court did this is what is
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happening all over again. this man, ben carson is an uppity black man because he is a conservative. a special target right on his four head. republicans refrained from playing that game. charles: nobody follows and keeps the media honest the way that you do. we appreciate your time this morning. >> thank you, charles. thanks a lot. charles: we have the 9:00 p.m. debate tomorrow night. we have donald trump, ben carson call marco rubio, ted cruz, jeb bush, carly fiorina and windfall. earlier you then at 7:00 p.m. will feature chris christie, mike huckabee, bobby jindal and rick santorum. that will be hosted by sandra smith and chris reagan and the "wall street journal." let's check the big board right now. we are down for the year. one of the draggers for the market, priceline. bad forecast.
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the stock is getting absolutely hammered. i also want to take a look at hertz. they reported higher earnings. that does not matter these days. you can see that stock down almost 11%. we have market watcher raid melia with us. greg, first, the market getting hit this morning. what is this all about? >> thank you for having me, charles. people walk into my office nervous all the time because of what is happening with the market. the jekyll and hyde approach. normal times, you would have doctor jekyll here and things would be good. the market would go up. instead when we get good news, all of a sudden the market turns down. this is really confusing for the average person out there. we get bad news in the market will actually go of. charles: here is one thing that i am seeing.
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the need for averages, i am seeing companies that make mistakes that miss. not just go down, they pummel. big names like the walmarts of the world. they crushed the stocks. it is a handful of events that get the green light. amazon, facebook and then. the market acts the way it is supposed to act even if you say overreacting. buffalo wild wings fell $30 on a number i thought was pretty good did how do they do with that? >> it really is. certainly, the twilight zone. you have the average person out there. the stocks do individually get hit. people have portfolios and they watch them get hit. people live with their 401(k)s day-to-day. the average investor is using mutual funds. they do not see it did they just see the overall drop.
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corresponding with the s&p 500. they really are, it really is a mess today. the news is a mixed bag. last friday, for example, you had news that came out and said the s&p 500 had the best six weeks run it has had in a long time. the same statement, literally, telling you that the market, the earning performance this last quarter was second negative back-to-back. charles: yes. very confusing. i think, also, one of the reasons why there is so much skepticism about the stock market rally. maybe we will need a psychiatrist to help us as well. proposing more in that region. talking president obama versus vladimir putin. we will discuss the implications of it all next.
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charles: take a look. wells fargo expecting a bigger decline. the stocks are very sensitive. down 7% they are. walmart pushing a new green light that initiative did promising to donate $40 million to veteran groups. happens to work walmart. >> she made it up here at. charles: you are a system manager. >> yes, i am. i racially got hired february february 2015. charles: was a part of this program? >> armorial day 2013 is when it actually rolled out. i was not part. charles: wanting to hire people
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like you that have served your country. >> yes. 250,000 as of 2020. for my family, i recognize they are able to recognize the military life to the civilian life. >> you are training. your discipline, your ability to work with others is an asset as well. >> yes, it is. you are trying to be a leader. you have an awesome amount of ability to move up and get promoted because of your leadership skills. charles: when i walk in a place and i see they have hired a vet, it makes me feel good. i father was in the army for over 20 years, i was in the air force. i think more companies should be doing this type of thing. >> yes. the green light veteran is
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shining a light on veterans. it is allowing us to recognize the hard work and the opportunities that we have out there. walmart is doing that. charles: i think you would agree it would be great to see the private sector, maybe walmart will be the one that leads away. the beds have been, i think, were mistreated by bureaucracy or whatever than most in the past. it is really a shame. that is where walmart comes in. military to civilian. yes, i will. yes, i will. charles: the sleep. [laughter] >> thank you. charles: u.s. military officials
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have proposed sending more troops to europe. i spoke with lieutenant ralph peters last hour. watch this. >> the idea of rotating u.s. army heavy brigades to europe is a decent first step is it is a long, long climb with many more steps to come. charles: america media institute reporter sara carter is with me now. what do you make of the comments? so clear. so straightforward. you kind of wish they would parachute him into d.c. what do you make of it all? >> i was speaking to lieutenant peter's in the green room. he is making a very good point. one of the things we will need is logistical support. this is something that colonel peters brought up with me earlier. it is not just bringing the
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troops then. we are trying to push back against this aggression. some people say, you know, this is a little too late. we saw what russia did in crimea. a lot of naysayers. this will not happen. we saw the russian troop buildup. all of a sudden, i was working on those stories then, we saw the russians moving to crimea and really solidified themselves there. they are building this kind of quadrilateral alliance with iran and other players. that is significant, too. we are really being stretched on a number of levels. i think, at this point in time, the defense department really sees russia as their main aggressor along with isis. charles: sara carter, thank you very much. breaking news.
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university of missouri president is resigning. that as of today. ashley, we talked about this earlier. ashley: and 11:00 a.m. behind closed doors meeting. president of the university of missouri has in fact resigned. he has been under a lot of pressure. racial harassment at the school. the football team boycotting games. people on hunger strikes. i think that there was no other result here. we knew that this was going to happen. sure enough, in 15 minutes, we have him resigning as the president of the university of missouri. charles: what you make of the idea that there were a lot of incidents that went on. the university was really slow, dragging its feet on this. other teachers and faculty. >> it should have come much
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sooner. maybe it would have. this would not be happening. i am glad they are taking a stand. charles: we will have more on this university in missouri. we have ashley and ashley and stacy. we will be right back. ♪ the only way to get better is to challenge yourself,
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charles: first to the market selloff. dow to the downside. priceline down 142 points. back now to this breaking news. university of missouri president resigning. stacy, before we go to ashley, what led up to this? ashley: since 2012. there has been growing criticism that he has not responded quickly enough or with enough passion to some of these claims. the racist incident, there was one with a swastika drawn on a white wall in cc. other incidents of racial slurs
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shouted out at groups of students. all of these brought the attention of the president who not only some of the faculty as well. walkout. now he is resigning. charles: stacy, do we say that this is a symbolic of overall atmosphere? >> i think because he is behind the football team in the teachers are behind the students , i think that they have a valid point. it must have been going on for a long time. it must have affected a bout of children. this is the right thing to do. charles: the intimidation factor was there. one or two real jerks. >> right. you deal with that. >> the greater aura that needed to be addressed. the president resigning.
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>> this shows that there will be consequences if you behave that way. a fox business report. ben carson. he is going to certainly be front and center. also, the candidates now going after him. we will discuss that after this.
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charles: let's check the big board. we have been down all morning. down 221 points. if you want to know what the locals of milwaukee want, we will tell you. that is exactly where we find peter barnes. >> we are at the milwaukee press club. of course, a pub. a newsroom pub in downtown no walkie. for over 100 years, one of the traditions for presidential candidates and other politicians is to stop and talk to the journalists here and leave a moment go of an autographed plaque. the press club paying fees lacks on the wall. the very first politician to come by was william jennings bryan in 1899.
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politicians, since then, hundreds of them have come by and sign their plaques. we have woodrow wilson here in 1910. teddy roosevelt 1903. president taft 1909. of course, we have more recent candidates. president obama. mitt romney is down here. we talked to jim nelson of the milwaukee press club. this election may be worth something. here is what he said. >> trying to established a value, they are invaluable. they are one-of-a-kind type signatures. one of the most pressing autographed question. >> the press club has invited all of the candidates to tomorrow night's debate to come on down and sign a plaque can get up here on the wall.
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also talking to voters around the lunch hour care charles, faxing you. charles: thank you. ben carson talked one-on-one with maria barger roma this morning. >> i did not matter if i was with him when the offer came. there were multiple other officers around. several things that i was invited to because of my status. the general was that one of them. charles: pete snyder is here. is it smart for carson to go on this counterattack? it looks like it may be working for him. >> charles, i think that it is. the better he will do in the republican party and standing in the polls. i think you will probably end up having a good night tomorrow night. it has been a boom for him for fundraising. charles: obviously, all of the candidates have to be embedded.
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where does the media go wrong with respect to ben carson? >> i think politico jumped the gun and said that the carson campaign disavowed the west point claim when that was not true. i was asked about it last friday by a fox news.com reporter thinking that it was true. they are overreaching a number of levels. ridiculous statements about us talking to someone 50 years ago. they cannot quite remember therefore carson is line. you go back into my past 30 years ago, i am sure my best friend in elementary school they have a different view of the world than i do. charles: having said that, though, some people are saying that this is to have them by the mainstream media. this is all part and parcel of the gotcha.
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is this really, do you think it is really part of a greater sort of movement to derail all republicans ultimately on things that really do not matter? >> oh, of course it is, charles. it happens all the time. there is a great piece by kyle becker today. thirty-eight different fabrications that barack obama put out during his campaign. thirty-eight, including that his stepgrandfather helped liberate auschwitz. the russians did that. it is really absurd the type of double standards the liberal media has. >> i am not 100% sure. i want to take credit for that to when i write my biography. [laughter] we are getting to the point in the contest where some republicans are going to have to
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attack each other. how do they pick and choose which media story they use? >> i think they need to carefully. if they are using any screen that comes from msnbc or talking points from democratic opponents like jeb bush did, trying to throw charlie crist off research will backfire and backfire in a major way. fox news and fox business you will be okay. charles: thank you. we appreciate your time. >> things, charles. >> you will not want to miss this. hosted by neil cavuto, maria barger romo and the "wall street journal." we have the first debate hosted by sandra smith trish regan and the "wall street journal." it will be an amazing night. roll the tape.
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>> i am in favor of a flat task. everyone should be hit exactly the same. in order to, you know, remained revenue neutral we would have to make that rate at about 15%. eliminate all deductions and all the loopholes. that would get us about 2.7 trillion years still short of the 3.5 trillion that we need. charles: all rise. judge andrew napolitano is here. one of the main topics tomorrow night. >> i would think that neil and maria would go in on this. the difference between ted cruz and brand paul and doctor carson on one hand and all the others on the other hand the the others are basically willing to operate the government the way it has been operating. collect two and half trillion in
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tax dollars. spend about three and a half trillion, which means our old every year. barack obama's gaze, probably about 10 trillion by that time. ted cruz and randy paul -- brand paul believed in shrinking the government. one is as high as 15 or 16. allowing more introduction. those are social questions. they do not want to run the government by borrowing money. they are the only two that want to run the government just on tax collections. >> is that possible? >> it is not possible to run the federal government as it now stands. one would presume that if they were elected, members of congress would be elected to
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share their attitudes about this. many of the things that the federal government does. they get rid of the department of education. involved in healthcare. back where it was. there is no place in the constitution for this. charles: they found donald trump's plan. dynamic scoring. still the $10 trillion added to the deficit. creating over 5 million jobs. donald trump would say that economic activity from those jobs and other things he will do will more than offset $10 trillion. >> obviously, i am in favor and
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anyone who understands the economy is in favor of lower taxes. more jobs to invest and create. he would have to borrow for four years in office. that would be more borrowing and barack obama. charles: to me, we have an $18 trillion economy. two thirds of the economy is consumer spending. we would have a $5 trillion budget and we would never have to borrow. >> i almost wish that warne knew were here. guess who is talking about that. one person and one person only. hillary. charles: in addition to what we've got. >> absolutely. >> it has always gone up. never stayed at the original rate it began. thanks a lot. donald trump hosting saturday
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night live. i am sure that you watched it. it seems like everyone else did did i know the lovers said it was the best ever. one thing that was amazing, not questionable at all for the ratings. is it even relevant anymore? is it even relevant anymore? we will be right back. ♪ you can't breathed. through your nose. suddenly, you're a mouthbreather. well, just put on a breathe right strip which instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers. breathe right ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite,
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the major averages since september 28. the dow jones industrial average down 1.1%. the s&p down 25. some of these retailers in focus. some reporting this week. coles, nordstrom and macy's. all to the downside. macy's new low. what strong new low. citigroup talking about fall being slower. warmer weather and less traffic. take a look at what happened here on the box office. a lot of the older folks. this is new to the kids. strong reviews. james bond as well did well. the best box office weekend in three months. kick it off at the nam 5:00 a.m. every day. ♪
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♪ the 16 we have some amazing video right out of paris. james pinkston climbing up the side of the eiffel tower. he was eventually caught and released. more than 100,000 people have already watched his video. he climbed up there with nothing. just scrambled right up the eiffel tower. here is donald trump hosting saturday night live this weekend. let's watch. >> you used to call me on the cell phone. [laughter] ♪ ♪ call me on the cell phone
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[laughter] trish: post is with me right now. i thought that that was the funniest one. it is arguable that he delivered the rating. >> a couple weeks of free publicity out of it. i am listening to the radio today. and a lot of people are angry. they did not draw any blood on trial. you put up with it. no one looks great getting roasted. charles: this was not really a roast. >> they wanted it to be. they were upset that they did not go after trump more seriously. saturday night live knows what they were doing. charles: what was your favorite part? >> the opening was great. they purposely used bernie sanders. that was andy leavy's idea.
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he said they should have someone yell out and they should get the $5000 themselves. there were being paid, everyone knows this. this anti-trump group offered five grand for anyone who would yell you are a racist. larry david did it. it worked out in trump's favor. it was a joke that worked for him. it is funny. charles: i have not watched saturday night live in years. i mean really, really, really years. >> i am shaking my head did i have not watched it in 10 years. >> you know who does? a lot of young people. they think that it is great. that young, hip crowd. i watch it to keep up. the show is -- it still works. and a lot of people who remember the early days of saturday night live, they have kind of rose-colored glasses on about
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it. charles: it looks funny. is it funny anymore? >> will back at the gold shirts. just like it is today. half of it really worked and half of it fell flat. it was not the funniest show. there was so much on the line for trump. i am sure that they had some funny sketches, but he refused to do them. he came out with the drake thing. it really worked. the other one that was great was in the future and all his dreams came true. charles: pulling out the check for mexico. i think that ed grimly stole the show. that is just me. >> he looks great. charles: ring in gerri willis. asking voters what they want to hear in tomorrow night's debate.
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>> i think that it is interesting. the recession ended june 2009. people are still struggling out there. whether you are looking at how much money they are making, no emergency savings, $1000 or less for the average american. folks are earning $30,000 a year. that is the average american. they get how devastating that is. i went to talk to people. taxes, healthcare, the economy, jobs, take a look. >> taxes. >> we are that in between. we are not poor. we are not rich. we are right there. we are paying a lot in taxes. >> that was charlotte nelson. you can tell what she is ticked off about. other issues for other people. incredibly articulate about this. they are not happy. i will have more of these as the day rolls on.
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charles: all right. gerri willis. thank you. blackberry. trying to hang in there. digital keyboard on the smart phone. and a lot of the technology geeks are not sold. blackberry. next. ♪ you both have a
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charles: like barry. that is one of them. complete with a slide out keyboard. pete, is this the hail mary for blackberry? >> this is the hail mary. the last chance to make any kind of different whatsoever and mobile. certainly declined over the years. 30% of world market share. the blackberry phone running android will save them. charles: what is so distinctive about them? >> you can see that it is a slider. we have not seen them in a while. it is not, when it is down like that, it is not much bigger than the samsung galaxy edge. it feels just like any other
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android phone. if you like your keyboards -- charles: i can't type on that thing. >> if you like lap board, you do not mind. charles: who are they going to market this to? >> that is a good question. okay, alter secure phone. that is why you always see them in government work. it is a tough call. i do not know if consumers are really as concerned about security even though they should be. charles: they have promoted this as almost foolproof. >> i am not going to say that it is on hacker will. if you are at all spooked, this is a pretty good that. there are a lot of enterprise
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solutions for various platforms that will address that. you can get enterprise software and flash your own stuff. in the bring your own device era, where people are telling companies what they want to do, you need something to love. that is the question. will people love this? >> it is tough. i am sure that there will be business schools that will teach this years from now. they hold of the corporations. a hold of government. they just squandered it. >> basically paid for the iphone. they said, like, okay. no big deal. it is a really neat trick. they really underestimated it. what an impact that superior user experience would have throughout the industry.
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people wanted those iphones. make this work. charles: bring your own device and it is not by very. 9:00 p.m. eastern. neil cavuto will host. mario bartiromo and gerard baker. from the "wall street journal." sandra smith, chris reagan and gerri from the "wall street journal." more varney after this. ♪
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>> the homelesslessness and the bad part, you know, the talk about it is they don't know how to transition and that's where walmart comes in and teaches you how to transi. charles: that was to vow to hire 2,000 vets by 2020, and the discussion on facebook. phil considered this issue
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most important, government ethics fix that and will take care automatically. and tamara says economy tops them all. all right, neil cavuto. big week for you. take it away. >> you are so right, charles, and echoed poll after poll, whether this country or any country, we were just looking at a global survey of the things that occupy average folks' minds the post. and obviously what has them the most concerned is their own financial well-being whether you live in or manhattan, where the candidacy are getting ready for the big debate that is scheduled for tomorrow night. ahead of that we've got concerns about these markets as we have been showing, they've been down across the board right now, the stock market -- staggering to the 221 points

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