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tv   Varney Company  FOX Business  December 4, 2015 9:00am-12:01pm EST

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and markets are looking higher. i want to thank our guests, thanks, everybody, and thank you for being with us. have a wonderful weekend, see you sunday on sunday morning futures. over to you, stu. stuart: maria, thanks indeed. let's call it what it should be, islamic terror, correction, premeditated islamic terror. they knew what they were doing and they prepared for it. before the two jihadis shot those people. they smashed their mobile phones, destroyed hard drives and troyed to destroy on-line footprints, loaded up ammo and left their baby daughter with relative. the question this morning, was the terror cell planning something much bigger? we'll answer it. to the economy, i'm going to call the jobs report mediocre. 211,000 new jobs, but the real unemployment rate went up to
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9.9%, we're not celebrating mediocrity here, but the markets like the point. and a shocker, donald trump a lead. 36%, and that poll was taken before the california attack and before donald trump said this. you just like me because my daughter happens to be jewish. the only bad news, i can't get her on saturday, i call and call, i can't speak to my daughter anymore on saturday. ♪ >> first thing we do this friday morning, check the futures because we have that jobs report about 31 minutes ago. i'm going to call it mode mediocre, the belief is that j
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el will raise interest rates and we'll see in 28 minutes' time. how about the price of oil, look at this. opec is considering a production cut at its meeting later on today. we are, indeed, swimming in the stuff, but there's no agreement on cutting production, at least not as of now and the price of oil is all the way down to 40.32. now, more details are emerging from the terror in california. overwhelming evidence shows they prepared for it. jeff flock is in san bernardino. you tell me, what did they do before the attack that shows it was clearly premeditated? >> well, as you know, i should point out, stuart, authorities are not saying what you just said here, but they're scheduled to meet with us again in about three hour's time and we'll see if they do at that point. here in answer to your question is what it is. we got pictures last night overnight of the weaponry that was present, that had been stock piled.
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including assault rifles, two of them, and semi automatic handguns, two of them. and thousands of rounds, literally, of ammunition for those weapons, 2000 for the .9 millimeters handguns, 2500 rounds for the assault rifles, there is evidence that the hard drives of the computers and cell phones, they were smashed apparently in an effort to hide their tracks in whatever way. as you point out the rental vehicle they had was rented in advance. it certainly does suggest and even authorities would admit, it suggests it was not some sort of workplace problem that caused them to come out and retaliate. stuart: i really don't see how it could be workplace violence when you smash your cell phones, pipe your -- wipe your e-mail, thousands of rounds of ammunition, make all of these preparations, you don't prepare for workplace
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violence with preparations like that. that's just my opinion. >> to play devil's advocate, they would say it's possible that they felt somehow very disaffected and had planned this because they were angry at the world, or had some mental issues, that's what the devil's advocate would say. i'm laughing at it. jeff flock, thank you very much indeed, good stuff here. [laughter] and disagree with. ashley: what about the pipe bombs? 12 pipe bombs. stuart: okay. thank you, ashley. ashley: sorry. stuart: as we said, there are more details emerging, including, i'm going to call this poignant and chilling description of the massacre scene from a first responder. >> it's a fairly large meeting room and i noticed upon entry that there's a christmas tree in there. all of the tables were decorated for, you know, for a christmas party and it just, it just seemed so senseless that, you know, here is people going
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into their holiday festivities and now we were dealing with that. stuart: kt mcfarland is with us. let's get at it. are you prepared to call it islamic terrorism? >> for sure it's islamic terrorism. and the pro em-- problem with what we've seen, from the arsenal from their house, they were planning attacks and wiping out the hard drive, they're part of others. we didn't see paris coming we didn't see this happening. our intelligence picked up increased chatter or various things that our intelligence says maybe going is coming on. they've foiled attacks because they've seen them. the problem with paris, there was no advance warning, none of the chatter, whatever they did they did on the dark net, presumably this is the same thing. stuart: so their trade craft is much, much better because now they're in secret. >> why did it happen?
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because of snowden, foreign intelligence agencies stopped cooperating with us. you can't keep the secrets and those guys who made out. stuart: you're putting some of this blame on snowden? >> absolutely. intelligence of other countries, the communities and intelligence agencies that pick up the stuff, we're not picking it up here, they're picking it up in the caves of afghanistan. so we need their help and that's not there anymore. number two, understood by the snowden leaks, our sources. we told them how we spy on them, they're now doing things differently. our spying efforts are playing catchup. stuart: ashley and i have been covering it since it happened in the morning, and we come to a conclusion, we agree on this, it's a pivotal moment because islamic terror is near in our back yard. it's happened, it's happened here, it's islamic terror on a mass scale. do you think that that's now part of the american
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consciousness? have we gotten to grips with this? >> and the pro em -- problem with this, the national leadership because of political correctness, they don't want to admit after bin laden that the terror continues. we have national leaders ignoring this and don't want to offend people's feelings, political correctness is costing national security. because the failure to acknowledge what it is is two things, the american people, as you said, justifiably anxious. should i put my kids in the mall to go christmas shopping or stay home or the national leadership that tells the bad guys, we're not worried about you, keep coming. stuart: kt, thank you for putting it into perspective and adding original thought to our perspective. the latest cnn-orc poll, wait for it taken before the san bernardino shooting. it has donald trump leading the field with his newest
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competitive 20 points behind. trump 36, carson 16. we have carson-- excuse me ted cruz 16, car s sob-- carson 14, rubio 12. ashley: it's remarkable. one in four republican or republican leaning, and his approach to this as well. stuart: we've said it so many time, trump says it. you might not like what he says, a lot. ashley: he says what many people don't feel comfortable saying. stuart: he is not mincing around. >> calling it what it is. and political correctness is costing our national security. >> it's life threatening. >> and he doesn't have the bells and whistle and doesn't say it in the foreign relations terms, but his foreign policy
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stuff is good. stuart: really? >> very good. stuart: never heard that before and you know what you're talking about. thank you. >> thank you. stuart: check out the price of oil. just got word from opec, boosting protection. what? that's breaking news. boosting production to 31.5 million barrels a day. that the saudies or all of opec? that's all of opec. that's why the price of oil is tumbling. we're $39 a barrel. that's a-- >> not a happy man now. stuart: and that's absolutely huge because as oil goes down, i would expect stocks to go down as well. we'll see. 20 minutes from now. i want to get to the jobs report. not spectacular. i repeat, i think it's mediocre. come in paul conway, our labor department bull dog. you never call this a strong recovery. are you sticking with that analysis after that number, 211,000 jobs? >> i am.
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context is porp.important. the last year's number 260,000. 211,000, i think what we're doing is aggressively sustaining mediocrity. i think it's important because i don't think those numbers are the ones required in the quality of jobs to pull people off the sidelines. this month, professional services are down. manufacturing is down. we like the fact that construction is up. and health care, but you really need sustained growth across all sectors to bring more people in. that's something that janet yellen i don't think is on message with this week. stuart: comment please on what's called the u-6 number, which is often called the real unemployment rate. it went up to 9.9%. the significance, plea? >> sometimes you will see an up tick in unemployment numbers if more people are trying to join the work force. but in this case, if you take a look back over the past many months, i still think that that number is a very disturbing number when you add it in with the labor participation rate. basically what you're saying,
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you've got millions of americans in jobs where they want to work full-time and they can't and millions of americans who are working in part-time jobs who are just doing that to pay bills and waiting for something to come up that alliance with talent and their education. stuart: paul conway, thank you very much indeed. i'm cutting it short because i want to get back to the oil story. i think paul would agree it's a big story for the markets. >> we are awe down 3%, 39.76. this plunge occurred right after the opec meeting where they declared they would raise production. we've already got a glut of the stuff, we're swimming in it and they're raising production. >> saudi arabia refused to cut production and is holding sway. and they're running primarily on the news from oil. stuart: republican front runner, presidential candidate donald trump ruffling a few feathers during a speech to the
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jewish coalition. we'll play what he said. and football, green bay packers defeated the detroit lions. this is a hail mary. even i know this. >> it's going to get there, he turned 32 yesterday, does he have a vintage moment, in the end zone and it's caught for the win! ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business...
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>> oil is right below $40 a barrel as we speak. moments ago, opec announced it's going to boost production from its current 30-- what was itrt: 30 million barre day and now up to 31 1/2 million barrels a day. we've got a glut of the stuff and they are he going to increase the glut and down it goes. we'll follow this all day, big implications for this. donald trump speaking yesterday at a jewish coalition event in washington d.c.
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roll tape. >> you just like me because my daughter happens to be jewish. the only bad news, i can't get her on saturday, i call and call, i can't speak to my daughter anymore on saturday. >> you want to renegotiate deals, some of us renegotiate deals 99.9, is there anybody that doesn't renegotiate deals in this room? i want to re-- perhaps more than any room i've ever spoken. stuart: the audience laughed. i kind of laughed and joining us is congressman, the only jewish republican in the house. congressman were you offended by that or did you find some humor in it? >> well, the clips you just played, no. you know, i know a lot of people in the room, i was with them after that speech. they weren't offended by those remarks. i think that you know, there were some observations that were made with some other remarks that might have rubbed some others the wrong way like saying that they don't support
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him because you know, trump doesn't want their money. you know, i don't think that went over so well and one of the other observations i heard from a couple of people was that they felt like the more difficult the question or the issue, maybe the lighter the answer. and this is a very intelligent crowd, very informed on domestic and foreign policy issues and on some of the deeper issues, they're looking for a substantial and important of an answer as possible, not looking for a sound bite. stuart: you don't think he won that crowd? >> you know, i think it's an open-minded crowd. they have seen all of the polls that put donald trump at the top of the list. everyone wants to understand why because maybe they're not able to spend as much time with trump as those who live in iowa, for example, so, open-minded, i think they come into that room, but what i think is important is they want
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to hear all the presidential candidates who appear, including trump, talk about the need to strengen our leadership with our allies. and what the candidate's approach would be with regards to our relationship with israel and tackling anti-semitism hooker and around the world and growing movements on college campuses. and there are a lot of important substantive issues that the candidates need to get in the weeds on, not just to get a sound bite or try to get a laugh. stuart: can we talk about the california outrage. i've gone up on this program and said call it what it is, it's islamic terror. would you join me in that? >> yes, i sure would. you know, it was unfortunate, right after the attacks took place, literally within moments you have politicians trying to capitalize and score political points and votes. maybe we can get some kind of a gun control bill passed and going so far as to those who
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are saying that, you know, genuinely saying, passionately saying we keep in our thoughts and prayers those victims, their families, the san bernardino community. those who have that emotion, such as myself, almost mocked for having that emotion. it's a very genuine feeling, but listen, this muslim couple had 12 pipe bombs in their house, ied factory at home and obviously premeditated. maybe it's not the right narrative for president obama, but the facts should really bring him, maybe recalibrate him to what the rest of us are saying. this was a pre-meditated terror attack on our home, on american oil. stuart: thank you for going at the issues head-on. we appreciate you being here. thank you very much. california senator barbara boxer said that california's gun laws work, that just one day after the california attack. what the senator said and the
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attack. roll tape. >> in california, since the '90s, we have passed a number of important gun safety laws and over that period of time we've had a reduction in gun violence of 56%. now, clearly, what we see is this is not enough. stuart: now, i'm just going to put a tag on that. both rivals used in the california attack, ar-15's were purchased legally, but then modified to be illegal under california law. in that state, california you can only put a ten round magazine in those rifles, but you go across state lines and you can buy a 30-round magazine, insert it and clip it into the legally purchased california rifle making it illegal under california law. ashley: it's interesting because california bans the most common version of ar-15. elsewhere you can shoot it, push a button, the magazine
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falls out, put another magazine in. it's so easy to fix and order it through the mail, on-line, anywhere, get a piece of equipment that can just quickly override what california is trying to do and you can access the button, push out the magazine. now, these suspects sprayed the room with 70 bullets when they came in, which suggests they had, you know, the 30-bullet magazines as opposed to the ten limit in california. stuart: bottom line, to get around it. ashley: it's so easy, what's the point, i think is what people are saying, you can try and ban this and make it illegal. every state is different which makes it harder to stop these. stuart: fair point, ashley, thank you very much indeed. we've got to check that price of oil again. opec boosting production. it's going down. we're off about 2% at the moment. earlier, we dropped below $40 a barrel. opec's going to boost its production. that news came in 10, 15 minutes ago, the nice of royal went down immediately and we've now recovered the $40 per
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barrel level. let's see throughout the day because it's a big deal for the market. we've received a mediocre report on jobs. janet yellen hinting at a rate hike. add it up and what happens on wall street? what happens to the stock market? you're going to find out with us in a couple of moments. 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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♪ you're the meaning in my life, you're the inspiration ♪ >> a little music in your honor, in honor of our loyal viewers and facebook fans. we hit 200,000 likes on our show's facebook page. we've got a great page and lots of discussion, please keep it going. thank you very much indeed. the opening bell has already rung. we missed the opening bell. and we're up 18 points in the very, very early going. okay, here is what we've got the dow jones industrial average opened to 31 points higher. so far this morning, we've had what i'm going to call a ho-hum jobs number, then we got a plunge in the price of oil. so i'm going to ask our experts assembled around this table if janet yellen still raises rates having seen what we've seen this morning.
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head up, please. still raise rates after the plunge in oil and a mediocre jobs report? >> yes, she's going to take this opportunity to be relevant and not raising them on the back of a strong economy. you're exactly right. when did we suddenly think 200,000 is a strong number. if we talk about it long enough it becomes fact, but it's not facts. she's going to take the opportunity to raise rates. >> and no one who thinks that 200,000 a month is wonderful. does she raise rates? >> she does not raise rates. congratulations on you becoming a citizen. there's flag etiquette. >> we're going to bring it to you. she's know the taking care of america the way it's supposed to be done. flag etiquette. theres a he no back bounce.
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could she make a rate dro p, i think they've got no course and i think they'll find a way to not raise rates. stuart: you say she doesn't raise rates. scott says she does and ashley. ashley: what we're saying about the job reports, i don't think there's any way she's not going to now. stuart: liz. >> yes, it's hard to say-- >> yes what? liz: that they're making local stops on the fed official talks, and she'll do it once again next year and the fed can nl 0 seize more money into the system with more bond buying. stuart: we're two and a half minutes into the session, we've got the speculation about janet yellen and rates. we've got a plunge in the price of oil and a mediocre jobs report and we're up 71 points, 70 points on the dow industrials at 17-5. yesterday we hit it much lower, kind of a stumble on the way to dow 18,000, todd horowitz came
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all the way to new york to tell us whether we get to 18-k by the end of this month. >> there's a possibility, but i think we see 16-k next year. that's what i said the other day and what i'm saying now. we might see new highs this year, possible, but we see 16-k next year. >> scott shellady, we're up 60-odd points for the dow and closing fairly close to 18-k despite janet yellen and oil and the rest of it. do we hit 18-k this month? >> i think there's a 25% chance we do. i'll answer in percentage terms. we're close we could get there because of the santa claus rally. at the end of the day, the santa claus market and realize trading in the middle that i'd like to mention that i think we like to welcome you to america because now, mediocre is the new excellent. welcome to america. stuart: ooh. i'm not sure how to take that one, scott, but thank you. [laughte
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[laughter]. i think. stuart: i've got to get to the price of oil. opec is boosting production, turning out 31 1/2 million of barrels a day. scott, i was shocked in this. we're swimming in this stock and only adds to the glut of supply. what do you make of this? >> well, i think next year, or from today forward, watch the oil market. oil is the main driver for everything. because they were such a big help to us when we had problems in 2008. if we start to see the oil going lower, low 30's, that trade starts to get crowded and hard to get shorts there. the longs have a little more power when you get below 35. because you see what the supply is versus the demand and the economy, we don't just use it for gas, sir, we use it for other things and not demanding as much as we should be. watch oil, if oil starts to plunge, everything else goes with it liz: an interesting back story among oil traders, whether or not saudi arabia will be
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sticking to its enemy iran as sanctions are lifting. saudi arabia could undercut iran by dumping more oil in the market. saudi arabia is sitting pretty and cash reserves. stuart: they're spending it, too. >> we've got a lot of guys trying to screw with our economy and trying it put everybody out of business. you're going to see more supply come on the the market. stuart: really? then the price has to go. >> we do have-- we have other uses for it and we're going to find more reasons, but remember thanksgiving day, they said we're going to put more oil in the system and you can believe that they want to screw with our economy. and they want to make it even more challenging to all of us to be successful. stuart: you have to believe that the price of oil drops firmly below $40 a barrel. >> there are levels of 30, 30 or lower. stuart: and so let's leave the markets and oil alone for a second. i want to talk to you about gun stock, as we always say, it's a
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little crass when you start talking about gun stocks right after a dreadful and outrageous shooting. nonetheless, gun stocks are moving. there is some fear that they're going to take the guns away from us, and not buying when we want to. smith & wesson, sturm rug ruger, again, higher. >> i'm not a gun stock fan. i think you've seen the fear drive them up now. i think that's probably the end of the rally here, but i think it's more of a debate on gun control and what's going to happen. we know after the event, people run out and do the stocks, the guns, whatever happens. >> they finished lower yesterday and got caught up in the selloff towards the end of the day. down turn 50 points. it's interesting, with each event. whether hillary clinton continues or politicians go off on gun control. stuart: that's the chart, we don't like charts on this program unless there's a clear direction. there's a clear direction up
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there for gun stocks and that's just for smith & wesson. i'm going to predict again, there's a surge in permit applications to own a gun. r following what happened in california. >> wyes, that's been happening, and there's a surge. and there's a defense authorization act that allows service members to carry guns at recruiting centers and military bases and told the epa, you can't regulate ammo as lead under the toxic control act. positive moves for the gun lobby and sector out of d.c. stuart: not such a charming one for sturm and ruger. scott, did i see you get in here? >> emotionally they're buying. fundamentally they're not. that's as simple as it gets for me. stuart: higher profits as dollar general, shop there myself. it cuts the sales forecast, down a fraction, 50 cents, not
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much. rating cut from go pro hitting a new low. shares are down 70% this year and 17 on gopro right now. dare we put barnes & noble, the bookstore, on death watch? dare we? we just did it. nicole, give me the story, they're down 20%. >> look at the music, it's at 9.52. the new low is down 20% right now. sales, by the way, they spun off the college business. the college book business, right? they left basically the bookstore, the nook. sales dropped. store closures have been occurring. and on-line sales, the look tablet, look, week demand. all of this has weak competition. hello, amazon. remember borders? what happened to borders? >> okay, that's my point is that they are-- and there's pressure here. do you have one analyst on the other side of the story here? a little lighter than i expected.
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retailers are having issues. and they're suffering like the others are. that's the story there. stuart: i don't know whether death watch music was justified or not, but i tell you, everybody, i like book stores. ashley: i love them. stuart: you, too, nicole. nicole: i like to go to the book stores and like to go with my children and i like to look around. it's a wonderful, wonderful experience on saturday. stuart: our producers have no-- you know what they're saying? this is boring, move on. [laughter] and you have children, you take them to the book stores. and have a coffee. and amazon is putting everybody out of business liz: it's trading to the value-- >> got to move, got to move. >> it's about the ninth time they've been on death watch. stuart: how about under amour, that's the company and they are-- yes, they are. >> very good. stuart: they want to build a $1 billion brand on the success of nba star steph curry.
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>> unbelievable, they did this before they knew that the golden state warriors with would be so dominant. they're 20-0 this season and steph curry is a one man reel. jordan spieth, they had him and misty copeland, a ballerina. stuart: a ballerina? you got me with that one. i've got a serious question for everyone around the table, islamic terror has arrived in america. has it had an impact or will it have an impact on the dow jones industrial average? start with you, scott. >> yes, it will. because i believe wholeheartedly it's going to have an affect on the presidential election and that, in turn, will affect the stock market. stuart: todd. >> direct impact, no, not
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today. overall, yes. as it gets bigger and mushrooms out. >> not so far, but there's very much a potential. stuart: last word, liz. >> i agree with terrorists-- the terrorists can't rip apart the capital markets, lets asays it, i think that the ecb lack luster printing. long-term no. stuart: the dow average is up over 100 points. in the background i'm calling it a mediocre jobs report. in the foreground, a plunge in the price of oil and the dow is up. >> i think this is the market, finally they've got clarity and the red is going to raise rates. >> or not raise rates so we can-- well, let's look at the bond market. ashley: i don't think the report was bad enough for that. stuart: we like to offer our viewers clarity. >> i'm sorry.
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[laughter] >> look, we're up 109, 110 points. and-- >> free money for everybody. $4 trillion. this is what we've got, baby, i can't believe it. stuart: fox news, peter doocy, he pressed the white house press secretary, asking if president obama thinks tougher gun control will deter terrorists. the answer to this is next. >> does the president really think that common sense gun laws would deter terrorists now that he has admitted these two may have been terrorists? ♪ hi, tom. hey, how's the college visit? you remembered. it's good. does it make the short list?
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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.
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>> well, will you check that big board, please? we're now up 144 points.
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what a difference from yesterday. ashley: 24 hours. stuart: 24 hours. how about price of oil plunging earlier on news that the saudies and opec in general, will raise production. it's at 40.34 as we speak. how about pandora, i believe it's down sharply, show me, please. it's down 3%, that's pandora for you. president obama says common sense gun laws are vital to stopping home grown terrorism. listen to press secretary josh earnest. >> does the president really think that common sense gun laws would deter terrorists now that he admitted these two may have been terrorists? >> yes, the president believes that passing common sense gun laws that makes it harder for people with bad intentions to get guns makes the country safer. >> two terrorists sitting around planning a mass murder, they may call it off because
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president obama has put in place common sense gun laws? >> we're still learning of the precise motives of the individuals who carried out this violence yesterday. one thing we do know a the four firearms they were wielding were legally purchased under the laws in place now. that's a fact. stuart: i'm going to describe our guest as a moderate republican, jillian turner, is that accurate? >> i veer away from labels, but you can call me whatever you want. stuart: slightly to the right of center. >> definitely on national security and foreign policy to the right of center. stuart: peter doocy pressed hard there and i think that press secretary ducked. do you think that sensible gun laws would make a difference to domestic terror? >> i don't know about sensible versus not sensible, but there's-- and even laws, there's got to be a mechanism by which we can keep guns out of the hands of wannabe and potential
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terrorists. i don't understand why that's a controversial issue. there are people on the terror watch list today that cannot order domestic or international flight on an american airlines, but walk into a store and buy as many firearms as they like. stuart: do you think that president obama has vulnerabilities on the position he's taken so soon after the shooting, talking about gun control rather than islamic terror has arrived? >> a lot of people are seeing this as a political issue. people are polarized. stuart: wanted it to be a political issue. i think that gun control to a democrat is what they think of has a winning issue, whereas domestic terror, it has arrived, that's not a winning political issue. >> right. and that's the problem here. and you now have these two issues that are coming to a head. they've been conflated in the discussions about the recent attack. the recent terror attack, and so, people are very heated up
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about this, but at the core of this has to be good policy. right? at the core of anything we're going to do, it has to be good policy that protects our national security interests. protects americans from mass murderers, but at the same time, products and upholds responsible gun owners and their rights as americans as well. their constitutional rights and i don't think there's a reason why we can't get that right. why we can't find that mechanism that will keep guns from crazy people. >> last time we talked to you, did we have a dustup about donald trump? i'm not sure we did. i'm not sure. >> it wasn't a dustup, but i know we don't agree. stuart: i wouldn't have a dustup with you. i don't have the same views, i think more harmful and-- >> the latest poll, you know what's coming. show it, please, donald trump is 20 points out front of his nearest rival. this is a cnn poll. he's got 36%, ted cruz is 16%.
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>> yeah, it's hurting. here is my position on him. i care most about u.s. national security and foreign policy. on these issues, trump has this shockingly, well, number one, mercenary approach to use of the u.s. military. he actually said that isis is a middle east problem. na iraq and syria have got to fight isis and put their lifers on line and degrade and defeat them. however, if they'd be willing to subsidize our involvement. meaning, if other countries were willing to pay the united states military he'd be happy to sends in hundreds of thousands of troops into harm's way. stuart: he is, however, the only guy who addresses the issues of muslims inside of the united states, some of whom may be jihadists. you may not like what he says or the way he sayses, but he says it. i think that's his appeal. they dance around the issue. >> he stands up and calls the
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terrorists radical islamists. stuart: are you behind him on that? >> i'm behind him on that. he takes it too far. he's completely bigoted. he doesn't want to allow anybody who is muslim to come back into the-- excuse me to immigrate to the united states. that's unamerican. that's not who we are as a nation. it's not the principles on which we are founded. stuart: okay, look, we have all kinds of points of view, whether you're totally wrong or not. >> i don't mind being wrong. stuart: it's friday and we appreciate you being here. >> thanks for having me. stuart: 58% of voters think home grown jihadis are a bigger threat than syrian refugees and that's before the san bernardino shooting. we have the latest post shooting voter reaction for you in just a moment. ♪
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plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ >> whoa, will you look at this, yes, we have 200 higher. aartly the market thinks that janet yellen will raise rates and up it goes liz: she's listening to you. stuart: look at chipotle tightening food standards following the e. coli outbreak. zero response. up 40 cents at 565. now, within a few hours of tuesday's shooting the president responded, and a partners researcher lee carter
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tested approval of that response with democrats, republicans and independents. this is one of the dial stories, you can see the lines going up and down take a look. >> we have a pattern now of mass shootings in this country that has no parallel anywhere else in the world and there's some steps we could take, know the to eliminate every one of these mass shootings, but to improve the odds that they don't happen as frequently. common sense gun safety laws, stronger background checks. >> that's the democrats, strong democrats are all about strong gun safety now. they were coming out talking about it and continue talking about it after. the problem here is when you take a look at how independents and republicans are facting and they're turned off. the bottom line is this, the
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americans want to be safe, they want a unified leader and someone to bring us altogether and right now president obama is not. he's making this a political issue and people are upset about it. stuart: i'm looking again at the line, the blue, democrats high, and red license lines and they're way down there. >> your last guest talked about the issue, we can find ways to have all americans who say this shouldn't be a political issue, right now it is and what we need to do is say, listen, let's call agree that americans need to be safe. the high order principle and this is what we need to do about it, and it's not time to put wedges between americans. stuart: it's clear by the response. well done, we like the dials. >> anytime. stuart: lee carter. >> thank you. stuart: appears the attackers who killed 14 people in san bernardino were planning more
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violence. congressman peter king chaired the house subcommittee on counterterrorism. he joins us next. cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet?
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stuart: look at this on a friday. triple digit rallies. 18 k next year. it is a possibility. oil, just below $40 a barrel. boosting production still below. 3992. to san bernardino. we are calling it what it is. premeditated islamic terror. they may have been planning even more attacks. peter king will join us shortly on that. looking into the pakistani wife of syed rizwan farook. she may have been the one that radicalized him. the second hour, here we go.
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♪ affecting the financial markets. the price of oil. opec, about one hour ago says that it will produce more oil. collectively, producing 31 and a half billion barrels a day. the airlines doing very well on that news. jet fuel goes down. nice gains by the airlines. stephan scholz knows a thing or two about the oil industry. stephen, this is flat-out a case of supply and demand. massive supply, limited demand. down goes the price. that simple? >> yes, it is. opec raising the production. what they are already
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overproducing. they will also incorporate the reintroduction of indonesia into opec. stuart: i do not understand why the saudis would do this. driving down the price of oil. >> they will get long-term security. today in the "wall street journal," they have already indicated that they are intent on lifting the sections on iran. they do not know what that means. they will have to compete with the potential loss for market share. the legitimate concern about iran. the middle east. you already have the iranian army of syria to the north and you already have the back troubles to the south. now, the market share, computing the potential loss of influence.
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stuart: there is now a possibility of a real plunge for oil. and talking about 30 or even lower. >> right now you have the strongest demand for oil than we have ever seen. gasoline prices. oil prices. the refiners are burning a lot of oil right now. prices are not going higher. you have to ask prices are not moving higher. two-three months in the refinery doing maintenance. they are not buying oil anymore. what will happen? you have the template of oil to get back down. stuart: i know that you are a loyal guy. i will ask you about gasoline. we have the national average going down to $1.75.
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just above $2 now. >> it is going to have to happen between now and february. putting in winter grade gasoline. the cheapest gasoline that you can put into your tanks. the price goes higher. it will be nowhere near where we have seen over the past five or six years. stuart: music to our ears. we do feel very strongly for those. they are taking it on the chin right now thank you very much indeed. >> thank you, still it. stuart: a lot of new evidence that the attack was planned, obviously. joining us now is congressmen peter king. counterterrorism and
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intelligence. you know what you are talking about in this particular area and you are welcome to be on the show. speculation looking at what they have on their arsenal. they were planning some other very big event. can you confirm that eschenbach. >> i can confirm that the fbi is certainly looking at that. they had bombs. they had ammunition. they had automatic pistols. they had everything. far more than they used in the attacks they made. were they planning on further attacks or in addition to that, were there others involved with them. very carefully by the fbi. was this part of a larger series of attacks planned by them.
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>> i have said flat-out that this is an islamic terror. it has arrived here in the united states. this is an islamic terrorist cell acted in the united states. killing americans. am i going overboard here? am i going to far? >> i was attacked. the fact is, the overwhelming majority of muslims are good people. the fact is, there are g hot supporters. and in some cases, some in the united states. as we had a number of them arrested prior to the fourth of july. this is a real threat. though war is here. it is here in the united states. >> i am picking up a real sense of anxiety inside of america as we head towards the holiday
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season. i do not get that impression from our national leadership. not at knowledge arising the american people. >> nobody can be guaranteed. the all the time. you do want to know that your government is doing everything that they can. that is why surveillance is so important. we have sources in the muslim community. that is why we encourage them to come to us. detectives on the ground. i said this many times. going after the mafia. you go where the threat is coming from. it is coming from the muslim
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community. they should be in there actively. stuart: always a pleasure. thank you for coming on the show today. officials in san bernardino say that the shooter syed rizwan farook may have used social media prior to the attacks. liz: they think he was communicating with the extremist here in the united states as well as possibly overseas. we know that there was an intelligence bill killed overpressure of the silicon valley and other lobbyists. you do not have to monitor the activity, just report. what is happening now, we reach out reached out to verizon, google and at&t. it appears that reports are out. essentially, these attackers used the stories on their cell phone. other boards and digital boards out of their computers. fbi is trying to reconstruct what they may have been trying to do.
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the fbi may try to reach out to internet service providers. they can do it with a court order. stuart: yes, with a court order. surveillance and metadata collection and retrieval. >> france has taken all of those out. >> one case the fbi is still talking about. sentenced to 40 years. a major shopping hall in manchester, in england. easter sunday. he was also going to attack the subway systems of new york city. that plot was underway. days and months away, weeks, we are hearing, of being implemented. high alert here still in new york city. >> all kinds of big stories here today. here is another one. another round of funding.
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up to nearly $65 billion. that is a story. >> continuing to raise money. that valuation just keeps on growing. it could be worth $64.6 billion according to the "wall street journal." it has been the most valuable technology company in the world. coldplay headlining the super bowl. they have a new album out today. expected to start selling tickets shortly after the big game. the super bowl will be at levi stadium in santa clara, forgot. elon musk and spacex. virgin galactic announcing a new well pads or a rocket onto its wings and launch it from the air straight into orbit.
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doing more launches them from a traditional launchpad here on the ground. virgin galactic already has eight new deal with nasa. >> i thoroughly approve of private enterprise space travel. >> big innovation. >> absolutely. all right. serious story next. exporting terror through marriage. looking into the wife of syed rizwan farook. radicalization through matrimony. ♪
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stuart: let's call it what it is. a rally. janet yellen likely to raise interest rates this month. giving clarity to the market. are we collectively right? clarity going up.
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>> this market loves certainteed. i think we have seen a change here and what is going on. we had good news this morning. beating the numbers a bit. the market responded positively to that. every time we have had good news, the market says that may lead to great heights being. the market reacted poorly to the good news. this may be a big thing. stuart: you like facebook and facebook is one of the stocks that we follow very closely. it has gone straight up. you like facebook. are you buying it and why do you expect it to go? >> yes. i am a buyer of facebook. one of those stocks that would catch up to the other tech stocks that were doing well.
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we revisited it at $90 a year. they continue to execute. do amazing things. they are using some analytics to do better targeted marketing on their ads. there had revenue per user is up 24% year over year. a company that is doing really good things. it could go up much more. tiffany. i know that you do not like it. why not. >> until something changes, weakening global growth and strong u.s. dollar, i know we had a not down yesterday, the trend has certainly been up really big, those are not the place to be with your money. tiffany has struggled overseas.
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they have also struggled here in the u.s. their hallmark store on fifth avenue has struggled. their big store in hawaii. a bigger issue is the credibility for management. starting to be called into question through many avenue channels. tiffany, in particular. >> yes on facebook, no one to tiffany. thank you. no one actually responsible for his radicalization and zhudi is here. is it possible that the terror groups are exploiting jihad to america. having them marry american citizens as their way of getting committed jihad into america. is that possible?
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speed that they provide a total life. a total system. a total family. the women and the spouses become part of that relationship that is headed as what they perceive as paradise. remember, the radicalization does not just start with that marriage. it starts in a community in which they are told they are victims. here you have, within minutes, the relations talking to the family member and say that he is a victim. that narrative, that narrative lives around a family that says the world is against him. sure enough, they were close to these organizations. >> we will deal with the fact that they left behind at six -month-old daughter once they went and massacred people. can you wrap your arms around that? can you comprehend how this is
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remotely possible? >> dehumanize everyone in their life. anyone who is not muslim or muslims that are rough orbits. i would be curious, it would be surprising that the grandmother did not know what was happening. to them, this is not about this life. us reformers put a line in the stand and hand sanding and say that this needs rough forms. >> you organized this big meeting in d.c. i you organizing a big street demonstration. we do not want any part of isis. we are reasonable people. the first step is leadership. fifteen organizations. movement called the muslim reform movement. two pages that we said where against violent jihad oregon's all states.
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we have forbidden women equality. these are things will not sign. we will go to the mosque. some right now are going to the mosque owned by the saudis and posting it on their door. i will post this declaration. americans should use it to that muslims that are outside versus muslims that are the problem. >> i want to see our cameras see you post that on the door. find american. they give a much for joining us. we appreciate it. >> the dow industrials are now up 214 whites. virtually eliminating all of yesterday's big loss. 177 almost. the two san bernardino terrace walked away from a six
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-month-old baby girl and they went out and slaughtered 14 innocent people. i have a my take on that and it is after this break. ♪ so what about that stock? actually, knowing the kind of risk that you're comfortable with, i'd steer clear. straight talk. multiplied by 13,000 financial advisors it's how edward jones makes sense of investing.
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you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. speed to date we put barnes & noble on death watch? her by store closures. [laughter] weak demand for its milk tablets. look at it go down. how about avon. private equity investors have proposed a restructuring of the company. investors like it. it is up 8%. a reporter goes to iraq. men, women and children were murdered by the islamic state. you will hear that story.
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we are talking to the president of the university that told this to students that college is not daycare. i remember saying on this program that when you see your own newborn child, only then do you understand love at first sight. i think we humans are hardwired to give unconditional love to our newborns. it is deep within all of us. but not for those 2 g hot. those two religious warriors that went out and massacred 14 people in california. before that, they left their six -month-old daughter with relatives. they left the house knowing they would slaughter other people. they surely knew that they would die in knew that they were orphaning their own child. how can this be? why did they walk into a christmas party and killed the very people that had given have
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given a baby shower for their daughter? now this. our own backyard. parents who walk away from their babies to slaughter other pants are in human. let's not blame the guns they use. let's put responsibility where it belongs. on the behavior of the parents. the ideology which caused it. let's call it what it is. islamic terror. that is what we are dealing with. ♪ i know how it is. you're all set to book a flight using your airline credit card miles. and surprise! those seats sometimes cost a ridiculous number of miles, making it really hard to book the flight you want. luckily, there's a better way... with the capital one venture card. with venture, you'll earn unlimited double miles on every purchase, every day. and when you're ready to travel, just book the flight you want, on any airline,
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then use your miles to cover the cost. now you're getting somewhere. what's in your wallet?
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>> well don't you love this? friday morning, jonathan. 26 points higher for the dow jones industrial average. how about oil? opec says it is going to export -- produce more of it. going to produce a total of 31.5
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a day. denton joins us. what is the chances here of a real plunge we're at 39 now. what's the chances of 35 say, by next week? >> that will be a little tough to get to. i think the low we've gotten to this year is 37.75 that is what to keep an eye on that happened in late august but 35 is tough. but again with production that is as high as it is producing 31.5 barrel a day. so they've thrown in the towel on that 30 million a day ceiling so down to 35 and change that's tough. but again our inventories are building here even with the increase refinery production. >> you know what you're talking about here. there's a worldwide bluff isn't there? we've got stored in tankers all over the place, stored in kushing, oklahoma, everywhere, i don't know how much there is in storage.
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but it's way more than demand will take care of. >> i think for now it is for sure. we're kind of pushing here in the u.s. about 500 million barrels in storage as far as it is concerned u.s. can handle some more. but i think once we have 500 million birl a day which is not out of the question by the end of the year we're going to start to see people scram scrambling to see the cap and lament we can hit on crude oil storage. >> there's a chance that we see a real plunge in oil, nots suggesting this week or week after. but you think we really might be on the verge of a true plunge to much lower than 40 dollars a barrel? >> i think you can see that, that kind of final capitulation there especially in low demand periods. especially if we have, you know, from bad winter weather not forecasted right now but that could have an impact on demand particularly if we get -- look at boston last year with
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all of the snow they had. kept cars off the road, helped really to drop gasoline demand. >> yep, i know you're an ol oil guy but i'll ask you about gasoline everybody is interested in that. >> i'm a gasoline guy. >> that is excellent. do we have a shot at say a dollar 75 is national average for regular. now on our screen you can't see it denton but $2.04 for regular, do we have a shot at $1.75 in the next couple of monthses? >> i don't necessarily think so. i think we're going to get below $2, obviously, around $2.04 that is not a great prediction there. but $1.75 is it. once they turn around and start to get their prescreen rally going in february. so we have to have a pretty sharp drop between now and say -- you know middle of february between now and say president's day. so i think tweal that's a little
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bit too much to ask for. but i do think that national average is beginning below $2. and possibly as soon as early next week. >> excellent. excellent you can come back any time you look. [laughter] we think this is a very big story a plunge in price of crude oil worldwide is a very big deal. denton you covered it well for for us. >> we talk about horror of isis all of the time. our next guest saw it, first hand in iraq. american media institute reporter sarah carter is here. all right sarah, you went there, you saw the mass grave in iraq, i'm going to ask is you to be our reporter on this. tell us what you saw. >> it was devastating. you really understand the true nature of eeflt evil when you visit iraq and you see firsthand what islamic state was capable of. i was in the province leb rated by the soldiers but there just
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before the liberation and they took me to a mass gravesite discovered in february. there were 37 bodies, women, and children as well as elderly men in this grave. most of them had been beheaded. they had been executed by rifle. the blood was still in the brittle walls of the mud that was on the side of the grave. they dug a 7 foot deep grave. kept the people in a chicken coop, stuart, and they watched as islamic state militants were preparing for their own dakota, when they brought the people out, they put them against the side of a wall of this like this very deep, deep, wide grief and they began beheading them. there was this tiny little blouse, a little velvet blouse that was still on a memorial that was erected by -- found of a child. >> they beheaded it a --
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a two-year-old child? >> executed the child with a rifle. they beheaded elderly men and other minnesota they captured. most of the women executed by rifle. but imagine being the mother holding your child, and watching as these men one by one executed people from your village and these were the people that stayed behind. they stayed behind because they trusted arab neighbor who is said look islam egg state is just going to change region into an arab state they're not going to come here and kill you or do anything to you. so a lot of them right now don't trust their arab neighbors when i was up on sinjar mountain and looked into sinjar village held at the time by islamic state you could see the flags waving. you can see vehicles moving back and forth. i could hear islamic state fighters on the radio talking about operations and how the translate for me what was going on down below.
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they lobbed martyrs at them. they had ied vehicles, you saw cloth scattered where people had just abandoned everything within and there's between 3,000 and 500yezitis executed. >> we have used you as a reporter because you were there and you saw it. and have communicated this to our viewerses. thank you very much indeed this is a very difficult subject, but we're very glad that you went, you saw it, and you told us it be. this is truly the face of evil. sarah carter you can come again. hard to get over. >> it is very sad. tough stuff. >> it really is. >> politics, cnn orc poll taken before shootings in california. donald trump, huge lead. a 20 point lead. 36 trump. 16 for what was can you put it up again?
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16 for cruz. 16 cruz, 14 carson, rubio 12. nobody got more than 5%. all of the other candidates no more than 5%. okay. meanwhile, here's donald trump last night addressing the republican jewish coalition. roll tape. >> you just look me because my daughter happens to be jewish. [laughter] only bad news i can't get her had on saturday night call, and i can't speak to my daughter anymore on saturday. >> you want to renegotiate this? some of us renegotiate this i would say 99.-- anybody who doesn't, this room negotiates -- i want to renegotiate. [laughter] perhaps more than any room i've ever spoken. >> audience laughed it was a jewish audience the audience laughed. >> still shows a bunch of hag -- ler won't support me because of my money. equal opportunity offend oar clearly and we like open, honest, discussion but this shows another side.
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almost look when he gets in front of a microphone it drains him of all common sense. [laughter] >> you're right -- just about everybody except episcopalian. >> he is equal opportunity orchedder. >> leading with 30% -- listen to president obama's comments which immediately followed the shooting in california, roll that tape. >> we're going to have to search ourselves as a society to make sure that we can take basic steps that would make it harder, not impossible, but harder for individuals to get access to weapons. >> right, president obama right after shooting gun control. here's donald trump right after the shooting. roll tape. >> radical islamic terrorism, and i'll tell you what, we have
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a president that refuses to use the term. he refuse it is to say it. there's something going on with him that we don't know about. >> all right. you saw the two sides there. leslie marble is with us. liberty to the left leslie marshall. >> i skew a little bit to the left. >> it is a pretty clear dichotomy there president leading other democrats saying essentially this is gun control. after gun control after the shootings. the republicans on the other hand going after terror, and security. now which side do you come down on this? [laughter] >> well, you know stuart this came very close to home for me. my husband was on lockdown. he's one of the surgeons that has been on alert to assist in the case of trauma as an orthopedic surgeon trained in trauma, i was less than an hour from where that took police station, so this has come close
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to home for me and many of us here in southern california as you can imagine. quite frankly, i think, first of all, that anyone right now who wants to contradict what the fbi is saying on a federal level in the head of the fbi here in los angeles, and what the local authorities are saying which is this is not a sprint. it's a marathon. we're not ruling out terror. i think everybody pretty much is concluded it's terrorism but irresponsible for the president, or o donald trump or anyone to say what it is until authorities have made that determination and that's why governor jerry brown has not said that or gun control. because that is not what it should be about. >> leslie am a i so wrong if i say two muslims in combat gear shot up a christmas party -- massacred 14 people. it was terror, muslim terror, committed by muslims, am i so wrong? >> no, stuart, but right now in the hospital there's a fellow
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muslim that worked with farook that attended the sam mosque he did that looked into his eyes, knew it was hem. he looked at her, he shot her, once, twice, three, four times she's in serious condition. and one of the victims who survived that shooting. it is not her religion that attacked her. it is two murderers that attacked her and other people. >> i think i'm accurate in saying this, that was a bomb factory that house, it was a bomb factory. it was a -- terror cell that had been activated by muslims an they went out and killed people. am i wrong to say that? >> you're not wrong to say it's a terror factory. here's the problem that i have saying religion it's muslim in planned parenthood we've had 352 mass shootings four people killed as of this shooting last week. 350 of them the perpetrators claim to be christian or nonmuslim.
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one in chattanooga a muslim with mental illness and these two individuals were muslim. the religion of anyone, in my opinion stuart, you cannot be of any religion and believe in a god who commands that we not kill one another or commit suicide, these people did not. so i don't believe that any -- i don't believe a christian who goes into planned parenthood and shoots is a christian any more that somebody who attended mosque, and this guy stops going to the motive two weeks prior to actions. >> thank you very much. we want an articulate position and you have given it to us but i have breaking news to bring the audience. source is now saying that one of the san bernardino shooters, the wife tashfeen malek pledged allee yens. >> this was made on account with a different name. not clear how they knew it was
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her that was posting it but as you said tashfeen malik saying they lead baghdad that is according to investigators who have been looking into the female shooter. >> is leslie still there by any chance. marshall there i'm sorry she's gone off mic. >> gun control is an issue. this is a separate issue what is being dealt with in san bernardino a terrorist act. >> islamic terror attack a link between his wife and -- >> pledge was made as san bernardino attack was happening. as it was happening. how did she pledge allegiance on a facebook account of a different name? explaining how they know this, but that's what they're saying. >> okay. thank you very much indeed everyone. s that that's a breaking news sy and a half. it is time now for the sector report. sector for the day is oil -- we have the price of oil down $39 a barrel early.
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at $40.27 right now. opec is raising production in a middle -- raising production down goes the price 39 and small change earlier at $40 right now. we have a stock market rally by the way up 238 points for the dow jones industrial. more varney in a moment.
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>> i'm nicole petallides with your fox business brief, stocks are still lower for the week, but right now with this move of
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243 points. to the upside on better than expected jobs report that's is raising as much as yesterday's losses, fell 233. s&p up 24, and nasdaq composite up 59. your dow winners apple, procter & gamble. chevron under pressure as oil was down more than a buck. fell below. but opec saying that opec would maintain crude prurks. production and 31.5 barrel of oil per day. a billion from 30 billion. so that's the prize investors overall. so oil prices and downside. also beauty all time high, that is doing better profit. general no stores, post china sales record in november, that also winner, and we want you to start your day at 5 a.m. fbn:am. i'll be there with ya.
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>> more breaking news sources saying that one of the san bernardino shooters, wife tashfeen malik pledged allegiance to isis that is big news. oklahoma, university president slightly president said this to politically correct students on his campus. oklahoma is not a safe place, but rather a place to learn, this is a place where you will quickly learn that you need to
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grow up, this is not a day care. this is a universe. university, we me now is everett piper you put it among the pigeons, so to speak. >> not supposed to say that these days. we've had this breaking news, that the woman involved in the california shooting had pledged to isis. for the last couple of days we've been dancing around the this terror. call it islamic terror. we were held off by political correctness, and that's what you're going right after; right? >> well i want to make it clear i have a lot of good students on my campus. students that are very solid kids, and this article that i wrote isn't about the kids but about the college with a capital c with culture. my industry, academy in the eye saying we've created this monster by teaching for some 30, 40, a years that it doesn't matter what you believe but
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works for you. this politically correct nonsense argues that opinion is equal to the truth will result in us losing the freedom that christ himself tells us that we have when we know the truth sets us free. >> i demand the right as a newlimented american to say my thing -- speak freely, and i think that's what you're demanding as well. >> why is it even news? why do you care to talk to me when a college president says to the academic community i care about your character than i care about your comfort. i would rather have academic liberty than fashionism. i would rather have you pursue virtue. >> that is newsworthy 40, 50 years ago mario savio led the berkeley free speech movement you're nodding. you remember him, i remember him that was students speaking
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freely it is full circle where it is suppressed in sensitivity to others. last word to you, sir, because i think you're breaking that circle. >> well liberal arts academy was accomplished oxford or cambridge to liberate culture to educate a free woman and free man had to liberty us to give us liberty because we understand context of truth providing that plat form for liberty. if we allow culture or education to be dumbed down to collection of personal opinions, we lose that liberty to the o oppression of power and people in politics that's what i'm speaking against. >> yes you are leading charge and we appreciate that. any time you want exposure on this program, you sir have got it. thank you very much, sir. back to that breaking news sources now saying that one of the san bernardino shooters, the wife tashfeen malik pledged allegiance to isis more on that
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>> welcome back let's check the big board, we have a nice triple digit rally on a friday in december up nierly 249 points. let's check oil, the news is out that opec is going to boost its production ceiling. oil is at the timing that $40
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line may see it drop below $40 barrel today. forts let's get back to this breaking news sources now saying that one of the san bernardino shooters, the wife tsh fiend malik pledged allegiance to isis this coming from several sources among the investigators saying that she posted on facebook pledging allegiance to isis leader that is coming from a number of sources that around this investigation. we understand that posting was by malik made on an account with a different nawm although very unsure right now as to how they knew it was her that was making that posting but it does for those who continue to say it would be work place violence this does point strongest indication yet that it was a terrorist attack. >> isis as fbi continues to battle numerous isis sympathizers and other terror
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cells here in the homeland. >> interesting development. hour three of varney, next. it's why edward jones is the big company that doesn't act that way. can a a subconscious. mind? 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? i'm definitely able to see savings through using the car buying on usaa. i mean, amazing savings. i was like, wow, if i could save this much, then i could actually maybe upgrade a little bit.
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stuart: combat gear leave their six -month-old daughter with relatives and go out to shoot up a christmas party. i will call it what i think it is. islamic terror. president president obama and hillary clinton do not see it that way. they think it is about guns. the president went on the air to call for gun control. hillary clinton took to twitter with a very similar subject. diverging the attention. gun control is a democrat friendly a shoe. islamic terror is not. later, the attorney general suggested that it may have been workplace violence. the chair wrist bomb factory had
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been revealed. no, it was not workplace violence. the attorney general was walking away from the obvious. a terror cell had launched a terror attack. this is an unfortunate truth which the administration is loathed to admit. within the muslim community in america, there are jihad ready and willing and able to kill large numbers of people. large numbers of americans. terror has arrived here. president obama does not want to it knowledge is. does not want to it knowledge terror coming here. does not make his administration look good did he and hillary blame not the jihad, but the guns that they use. a winning political strategy. details of the terror cell emerge and it will be very difficult to ignore the grim reality. islamic terror is here. ♪
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breaking news. it is big news. sources now say that one of the san bernardino shooters, the wife, tashfeen malik pledged allegiance to isis. she pledged her allegiance on facebook. we are joined by milwaukee county sheriff david clarke. this is big news. i think we can all say that it was islamic terror. correct? >> correct. anyone that thinks it is not is not dealing with reality. anyone thinks that this is a gun-control issue is disconnect it to that same reality. these are red flags that are missing on open sources. we do not have the proper domestic intelligence apparatus here in the united states to deal with this stuff.
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to go to open sources and other areas. you find these tidbits of information. it may not be a huge deal. it may not be a crime. if you have atrial true analyst that can piece this together, a picture developed then that is when you move in. that is how you have a better chance of preventing, disrupting terrorist attacks. stuart: it is clear that islamic terrorist have arrived. what would you want to do, in terms of collection of data and information. what do you want to do tomorrow morning eschenbach. >> i would start with a true domestic intelligence set up similar to my five. israel. intelligence will be your past chance that disrupting and detecting and preventing the thinks. we just do not have quality
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intelligence right now. we are fooling ourselves. i say we. that pei is not the proper agency. they are not an intelligence agency. they look for evidence of a crime after an attack occurs. i had lasted from the director who i respect. they were following 40 high-level targets. forty-eight high-level targets here in the united states. that is not the way to go about conduct did operations. that is why this husband and wife did not even appear on their radar screen. stuart: david clark, thank you very much way. here with us. thank you very much indeed. >> my pleasure. you heard the news. she, the life, pledged to isis. as the attack was going down. it is now clearly islamic terror. >> critical repercussions,
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critical for obama because what it says about the country. technically around the world did you have to have an attitude did a direction that affects politics and all of that. this confirms that that exist. you look at the industry history and the dynamic of what they have set up. cruzan sessions are asking for the immigration records of her. how she got into the country in the 72 other terrorist that have associated with prices that are still the country. in interesting approach that we're realizing. perhaps marriage, that kind of dynamic. getting easier access to a country. stuart: stay there for a second. it does not look good with this revelation. he tried to convert it into a gun-control issue. now it is clear that isis terror is here. it is operating and it is killing us.
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>> he made it clear that it could be terrorism did it is possible that it is worth life violence. everyone knows that islamic terrorism is here in the country. stuart: wait a second. he said it is possible that it is workplace violence. repeated. even though we knew at that time that there was a bomb factory. >> the pipe bombs were certainly a signal. trying to change the subject to a politically more correct issue. the democrats. terror is here. >> i understand your concerns. we need to be very clear about what is going on here and i believe that president obama is a very strong leader. stuart: you think that he is a strong leader on domestic terror? a strong leader?
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he will not even mention it. he will not even name it. >> you know that that is bush era. this is not singling out muslims in general. you know that it is. you think that he does not know who the enemy is. you don't think he can talk about two things at once. he can understand climate change and terrorism. >> and investigation and the system itself. adjusting and downplaying, whitewashing isis intelligence in particular to meet obama's narrative. that is the investigation now at the federal level. playing politics with the intelligence itself. making it fit something that it is not a big deal. that attitude is playing out through the entire obama administration. it is climate change.
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it is workplace that violence. they're responding to the fact that they do not trust the president or the commander-in-chief because he is clearly living in a parallel universe. >> i would not say that he is clearly living in a parallel universe. why they not sitting around criticizing françoise aland. exactly the same thing as president obama did at that press conference. why are we making fun of him? stuart: i am not making fun. we have just told the world that isis terror has arrived in america. >> it was here before that. i agree with that. pledging to isis as she was massacring americans. it has arrived here on our doorstep and our president goes out. >> when he made those comments, this information was not out.
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it is not leadership. it is also not leadership to blanket about muslims in this nation. stuart: you do not think he could have gone out there that ladies and gentlemen, i understand your anxiety. terror has arrived and we will deal with it. instead, we got a politico statement about the need for gun-control. that is not the kind of leadership that i'm talking about. >> this was not my favorite press conference by topic he has ever given did my immediate thought was that it was islamic terrorism. he did mention that that was a possibility. everyone is so angry that he talked about gun control. they were illegally legally purchase. california has very top gun-control laws. they would have been purchased no matter what.
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people on the no-fly list should not be able to get guns. >> due process. >> they voted for the nra, tammy. they are in their pockets. >>f were csideng tm to terroristtheyhoulnot have gunead sed tt thenhey ouldendicd. none othatist s bn. th is arbrary lt. strt: got bui. thk yoveryuch. a odiscuion. vita sject. we want a good and open discussion. >> that is what i am here for. to the markets. we have news there, too. the dow jones average is up a quarter of 1000 points. >> all you. that canceled out yesterda
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>> we're back at 177. apple needs the dow by the way. up three points. adding 17 points to the dow. a broad-based rally. twenty-eight of the stocks are up. that means they are in the green as of now. >> mcdonald's hitting all-time highs. it briefly went above 115. it has never been that high before. >> is that practice all day? say something positive about mcdonald's. >> can i say something positive about hillary? [laughter] subunit maybe hillary will manage a mcdonald's one day. [laughter] stuart: we have that to mcdonald's. opec is boosting total oil production.
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that is why the price of oil is down around $40 a barrel. look at the airline stocks. they are all up because jet fuel gets cheaper. profit margins go out. look at energy stocks. all of them down here and whale sinks below 40. continuing that breaking news story. the female in the san bernardino at tab pledged their allegiance to isis on facebook. we talked about social media's role in terror in just a moment. the local ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one.
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just with a little bit of information, you can take leaps and bounds. it's an awesome experience. stuart: one of the big stories that we are following is the price of oil. boosting production. oil is down $0.70. price of gas, national average now 204. come on in gas buddy.
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oil $39 a barrel. surely that means cheaper gas. >> certainly. we're watching the opec press conference. if you will allude to a really nondecision, scrapping the already joked 30 million-barrel a day or production, opec obviously had a lot of downward pressure with iran jumping back into the market. kind of a ignoring what is taking place. iran pumping more oil. opec is really actually a lift in production. >> i have two questions. the same question our viewers want to answer. how low will gas go in this go-round? deal with how low it is going to go first of all. some point in january or
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february. it could dip into the 180s. maybe into the 170s. >> okay. complete the timeframe. spring of next year? >> january and february is and we see our lowest demand. that would be the most likely time frame. by valentine's day, we will start to see a reversal. and maybe a brief shot. 2060 looks fairly well as long as opec stays this course. >> excellent report. come back soon. breaking news this hour. several reports that say the san bernardino shooting shooter pledged her allegiance to isis on facebook. julie kent is here. if she applied sean facebook, pledged to isis, why didn't it a take it down. >> the share value my what
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happened, a billion people every day using it. facebook said that it does not tolerate terrorism. there is no place for terrorism on facebook. they say that they work aggressively to ensure that they do not have groups or individuals on this site here and. stuart: does facebook police their sites? they say that they remove any content that praises or supports anything. they have not necessarily said that they are able to police all that happens. plus, the principle that they hold alongside twitter of it being a free and open platform. >> did she pledged to isis? >> a different name. trying to delete postings on or around the time of the shootings. that means that she deliberately went around any policing systems. privately and quietly.
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>> it was still posted. it still exists in facebook. we have asked facebook if they have worked with the authorities to triangulate this information together. though officials say that they believe that the couple was self radicalized. >> facebook is in a terribly difficult position did 1 billion users a day. knockout. >> i do not see how you can do it. >> even if you remove them, you can come right back. you are not blocked as a person. you can just reassert yourself. >> in the technology certainly is not there to block isis. that is really what is criticized. >> c kirk, one of our favorite millennial's is with us now. you have been listening to this conversation he had we're kind of say, well, i do not see how
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you can possibly police a billion users a day. what say you? >> last week i did a huge rant against delta airlines. they delayed my airline and i was so upset. i had all of these advertisements about different airlines that are competing with delta. facebook does have the granularity and ability to track what users are saying. here is what i am saying. facebook is now valued to $110 a share. 1 billion users. i refuse to believe that somewhere in facebook's technology apparatus that they do not have the ability to not necessarily police or delete, but at least notify the authorities. there is someone that has just endorsed i did isis. i think that we should really say look, facebook.
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are you doing everything possible to notify authorities? people outwardly endorsing radical terrorist groups. >> the problem of interpretation . what is support for terror and what is mentioning terror. there is a huge difference between the two. look. >> exactly. that is the same issue that facebook has. someone who is for donald trump versus discussing donald trump. >> okay. >> it is a great point. verbally, facebook could do more to at least work in conjunction with the authorities. i have seen the evolution of facebook and the incredible ability for them to monitor communication and have advertisement sculpted specifically towards the individuals. they know more about me as an individual event credit card companies would never know. they can see what i am saying
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and what i am posting. >> if someone threatens the president of the united states, there is lots of discussion about barack obama. if there is a threat against the president, there is action. you do not try to interpret it. you get someone at your doorstep asking you what your intentions are. >> charlie, we have to move on. three hours after apps from other airlines. all right everybody. look at that market go. it is friday morning. we are up 262 points. we will discuss it next. the local this week's btv spotlight features pure energy minerals symbol hmglf. there's a revolution happening in energy, and it's not in oil and gas, it's in energy storage. pure energy is based in nevada which is home to the only producing
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switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. stuart: we are following a lot of breaking stories this morning. the woman in the san bernardino attack made a pledge to isis on her facebook account here and she then delete it it. opec upping production in the face of a worldwide oil club. they will produce more on it. oil is down. yes, we do have a very significant rally on wall street. the average is now up 268 points. we are about 258 points from 18
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k. can we reach 18 k by the end of the year. come on in the cofounder of key advisors group. answer the question, please. yes or no? >> yes. absolutely. when janet yellen hints that she won't raise interest rates this month, the market goes up. i have not seen that before. >> i think that the market is finally looking for normalization and it is about time that the fed start raising rates. they should have done this at least six months ago. they're doing more harm than good. i think they're raising interest rate market will be very positive for the u.s. economy. >> it dropped a lot today. below $40 a barrel. verbally the stock market comes down with oil. why today do we have $39 oil and a dow up to 60.
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>> i think the main reason why the drop in oil prices will be net positive to the u.s. economy. anytime you can cut it by 50% will be a good name. there will be certain pockets of areas going into 2016 that will suffer from low oil prices. especially the energy set her. there will be a lot of defaults that we will start to see in 2016 on the high-yield debt market. only concentrated in the energy space. other than that, it will be positive versus negative as a net overall. stuart: look at that. straight to the point. three big stories in 90 seconds. you are good, young man. you should be sitting here anchoring the show. >> i will wait for the invite. [laughter] i will stay on the big breaking story of the news.
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the female suspect in the san bernardino attack pledged their allegiance to isaac -- isis on facebook. full details in a moment. ♪ i use what's already inside me to reach my goals. so i liked when my doctor told me i may reach my blood sugar and a1c goals by activating what's within me. with once-weekly trulicity. trulicity is not insulin. it helps activate my body to do what it's supposed to do release its own insulin. trulicity responds when my blood sugar rises. i take it once a week, and it works 24/7. it comes in an easy-to-use pen and i may even lose a little weight. trulicity is a once-weekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes. it should be used along with diet and exercise. trulicity is not recommended as the first medicine
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stuart: it is only backing off just a little. relax. price of oil is down.
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opec is boosting production in the face of a world oil glut. we are in fact following a major development to the san bernardino story. the wife pledge allegiance to isis on facebook. she used an alias and then delete it it. isis terror is here. ambassador james jeffrey is here. ambassador, you recently said that isis cannot be contained. i guess this latest development, the woman shooter pledge to isis here in america. i guess that that proves you correct. >> many other incidents from the russian plane over to the sinai to the attack in paris indicates that these people cannot be detained. it will not end all terror emanating from the middle east.
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>> we go at them over there. >> exactly. we are doing that now, just not at the level and intensity of the speed i think necessary. stuart: you want to do it right now with a large appointment of american troops? >> i would not say a large deployment, but a larger deployment paired that one courage people in the region much more than their encouraged now. >> do you think that the country is with you? >> in a washington post, abc poll taken several weeks ago, 60% of the respondents indicated that they would support ground troops. that is what we need. >> the president will be
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pledging to isis -- he will be under a lot of pressure to go over there and do something. do you have any confidence that he will change his position? reverse course and actually do something like you are suggesting. >> he has changed his course dramatically within the last few months. attacking the oil supplies of isis. we are seeing the deployment of special forces to raid isis. again, this is all in implementation or an expansion of an air campaign over the long term. we need to generate ground victories. i do not think it is possible without some american ground involvement.
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stuart: to believe that the president will have to ground involvement that you talk about? >> i think it will be very hard for him to do that. i respect him. it will be very hard for him after paris, after sinai, after this latest incident not to do more. stuart: we appreciate you being with us on a very important day. thank you. we were talking about the woman who pledge to isis under an alias and then deleted that post. >> the reality is, she set up an account on facebook under an alias then delete it that information. we were wondering, perhaps if this was the signal. the statement to however the followers were. whoever were alike in that page that we are ready to go. otherwise, why do that? some people needed to know what the alias was. that sound like that could be it. i am hoping that our
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administration i had in these kinds of conversations. they can look at who was like in that page, who was following and perhaps the larger network. >> she made that post pledging to isis during the attack. >> right or around is how it is being put right now. it speaks to strange timing. maybe that was the signal but we are going. this is it. okay. being tmac the issue of attacking oil. it cost maybe $2000. the attack will probably cost under 5000. isis is a problem and they do not need a lot of money for these al qaeda like attacks. these are inexpensive attacks. if you really want to stop this, you have to do with the individuals on the ground. stuart: directed by isis or inspired by isis. two different groups there.
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very hard to keep track of these dangerous individuals. stuart: isis terror is here in our own backyard. call it what it is. new tech ologies. they actually deployed on the ground. technology. >> heroes and technology. it could really help police departments. isis has a connection to this event. this is a breakthrough. what we saw already is the technology that was used. this is not brand-new. this is the typical bomb anti-explosive robotic device used out there. opening up doors. that is what we are using today. what i am about to show you is what is right around the corner. more ammunition for our police
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departments. what is now being developed in silicon valley. it is out on the streets being tested here and it looks soft and not threatening. what it does is extremely powerful. it is called the night scope. it is a k 5 police robot. it simply goes around neighborhoods throughout usa, is idea. it will collect data. it has infrared sensors. it reads license plates. it protects what it believes could be the type of data that could predict a crime about to happen. >> it stores and shares that information did. >> i have to move on. i have a lot of stuff here. a police robot. ashley: this is being developed in florida. that was the idea. this is another police robot.
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florida international university. it was inspired out of the idea that they had some police officers that have lost mobility and this could help them. it is now evolved into something that could be another data collection point and also something to intimidate or cause someone to be detoured from committing a crime. >> this is what we are talking about. you have tons of people coming together. cases where there is not a lot of good intention with the people. this will fly above with 80 pepper pellets per second. it holds 4000 of them. much like decking this may not with about four or five paint pellet guns. they are now putting these chemicals inside. it can neutralize an area very, very quickly. >> that is a drone.
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>> this is real and it is now in the air. >> rescue robots. >> first responders now. this is a breakthrough. this is something that we may have seen rollout in a disaster or a mass shooting here and this is crazy. what are we looking at, a cartoon? these are actual real robots. what these do, you see the blocks on the right. these will go through an area that is questionable. either a bomb has gone off the air or there is a major catastrophe such as an earthquake or a tsunami. they will go in when it is not safe for human life to go in. they can clear a path rule hazardous material. this all sounds good, so long as we are in control of this
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technology. we have a big enough problem with isis right now. you want to bring in a new problem on top of that, i hope not. >> i will take my chances. all the breaking news coming thick and fast all day today. terror in san bernardino. loyola. more being produced. we are on it all. ♪ because, healthier doesn't happen all by itself. it needs to be earned every day. using wellness to keep away illness. and believing a single life can be made better by millions of others. as a health services and innovation company optum powers modern healthcare by connecting every part of it. so while the world keeps searching for healthier we're here to make healthier happen. prge! a manufacturer. well that's why i dug this out for you. it's your grandpappy's hammer
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♪ i am nicole petallides with your fox business brief. the fed will raise rates in their next meeting. the first time since 2006. the dow jones industrial average 231 points. the s&p 500 up 1.1%. industrial material, oil and gas are under some pressure. energy as well as southwestern energy. the immune system's fighting cancer. we have amgen and merck working together. it turns out so far they are taking off and promising. also go pro. under pressure again. downgraded over there. up four and a half percent. start your day every day on fox business. ♪
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the fate of the free world. the united states should not delay in leading a global coalition to take out isis with overwhelming force. their aim is our total destruction. we can't withdraw from this threat or negotiate with it. we have but one choice: to defeat it. vo: right to rise usa is responsible for the content of this message. woù est...mon...hotel? we have a reservation. nous avons une...reservation. my wife needs new shoes. mon... preparing to travel can get complicated. switching your wireless service can be easy. just visit your at&t store and see. can i help you? , .
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stuart: the boston bombing. ashley: a bomb squad has been called in. shutting down an area of the city. if you are familiar with the boston area. i believe that is down in the center of the city. suspicious objects have been found in the center of the street. stuart: that is happening right now. thank you very much indeed.
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the san bernardino female shooter. more news developing around her. she pledged to isis on facebook. on or around the moment of the attack. i want more of this. i will call you a conservative. are you okay with that? >> i am fine with that. stuart: how much longer can president obama refused to say that this is a islamic terror and it is in our backyard. he will not say it until he absolutely has to. he is losing credibility. if it walks like a duck, sounds like a duck, it is a duck. i think it is also hurting hillary. she is part of his foreign policy. she is been very reticent to say what it is. stuart: if the democrats go on that, that is not their best
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issue. the arrival of terror on our shores is nothing to be proud of. >> they are telling us all the time that our biggest enemy is climate change. they look weak. this is opportunity for people like trump and crews and especially chris christie. >> i want to bring up the issue of trout. you are a latino, i believe. >> i am. he is 20 points in front in the latest cnn poll. the next guy is ted cruz. sixteen points. what do have to say about this? >> he has two things going for him. he is a happy warrior. explain why he is doing well. something that the other candidates can pick up and learn from it. he looks like he is having a great time. he looks like a fighter.
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i think both of those things are what people are looking for. stuart: you are not getting what i am getting out. >> he may not end up being the nominee because of that. there is something else that trump has going for him that people forget about. that is the economy. very high when it comes to being a business leader. as far as getting the economy turned around. hispanic starts businesses at three times the rate of the average american. they care about small business policies. they care about entrepreneurship. the other thing that they care about is security. they need places like columbia and central america. they are very concerned about who is the candidate that will keep them safe. it clearly is not obama. stuart: what proportion of the hispanic vote do you think donald trump would get? i would venture to say he would not get any percent.
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>> at this security situation gets any worse and it very well could be, you would be surprised that people do when they feel afraid. >> donald trump is preferred when it comes to business. there is a desire for someone who understands the system. an attorney attorney general that knows the intelligence dynamics. that is not donald trump. we know what he can do in business, but we do not know what happens when there is an emergency. >> such an opportunity for chris christie. he has the brassy ms. and the talent like it is that donald trump has. he has the experience and, i think, frankly, the ability to get angst done that trump just has not been able to prove. ashley: 4%. it just is not resonating. >> i think that he could be the dark horse. i have not pick someone yet. i liked rubio and i liked
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christie a lot. >> thank you. >> cruzan christie. wouldn't that be an interesting ticket. >> yes, it would. out of time. good to have you. >> thank you so much. hold on a second. following this developing story from boston. police blew up a suspicious package. we are told that it was a suitcase. no word on if it was in fact a bomb. they shut down the area. it is downtown, by the way. we will be back in just a moment. ♪ ♪ ♪
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>> now we have a developg direce counselor on islamic relations, he has just said that the u.s. is partly responsible for isis. he is saying we are partners with isis. >> telling cnn today that the united states is partially responsible. let's not forget that some of
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our own foreign policy as americans has fueled the extremism. >> the victims are not even married yet. this is an extraordinary statement to be making. it tells you where they think that this is going. trying to get in front of something as horrible as this. i think that it speaks for itself. >> it follows the statement that the female shooter had pledged to isis right about the time of the actual attack itself. >> more on what these common support. when we support oppressive regimes around the world. putting people over the edge. then they become terrorists. stuart: last word. the muslim brotherhood did they preferred them as well. terror groups around the world did these americans are clear. these issues are clear. i think it makes it obvious.
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stuart: john stossel is with us. his program tonight is all about gun control. you are a libertarian. i want to know what you think about gun control. what will you say about it when we have islamic terror act in the united states. >> the constitution gives us that right. new york city police would not let me have that right. we ought to have the right. in san bernardino, it was quick. they would not have had an opportunity to defend themselves. in paris where there are strict gun laws, no one in the theater had a gun he had they stopped to reload and killed more people. people could have protected themselves had they been able to. in america, somebody and that theater may have been packing. stuart: are you part of that feeling that says we need more guns around.
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>> no. my feeling is that guns kill people and there will be more accidents. the data shows, yes. mo gun les cri. uartwhato yomakef this?s i am site, we are flat out a time. >> 8:00 o'clock tonight my show >> some folks have had it with the airline credit card miles they'd be a lot happier with the capital one venture card. and you would, too! why? it's so easy with venture. you earn unlimited double miles on every purchase, every day. just book any flight you want then use your miles to cover the cost.
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stuart: i am sorry for taking your time but it is yours. neil: following up the latest developments that might have had nothing or two behind us, this press conference in san bernardino being pushed back a little bit, might have become radicalized herself and swore allegiance to isis on facebook, rather than any role, syed farook and tashfeen malik doing the same, many looking at his trip to saudi arabia with the influenced his own behavior. the islamic group essentially

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