infrastructure, bombing the oil fields and the transportation network. maria: it's important. that's the money. >> yes. maria: good to see you today, john. jack, a pleasure, sandra, always a pleasure. thanks for joining us, have a great weekend, everybody. see you sunday on sunday morning futures. ashley webster in for stuart. ashley: thank you very much. the white house won't call it terrorism. i'm ashley webster. stu, by the way, back on monday. the big story, the fbi says they're investigating the san bernardino massacre as a terrorist attack and continue to do that, but josh earnest, the president's president secretary refers to it as gun violence. they've raided billion from syrian banks and donald trump is surging and attacking ted cruz and there's even talk of a broken convention when the g.o.p. gets to cleveland next year. and bowe bergdahl charged with

desertion, his freedom swapped for five taliban terrorist is now comparing himself to fictional superspy jason bourne. we certainly cover it all here. "varney & company" about to begin. ♪ >> oh, boy. so much for the so-called santa rally. take a look at dow futures. we are now a long way from that 18,000 mark that we were talking about not that long ago. looks like another triple digit loss at the open, down 153 points, we'll have more coming up. santa doesn't have any snow, that's why he hasn't arrived on the markets. gopro got a pop on talk that apple may buy the entire company. neither apple or gopro commenting on that. oil, big story for a while. the international agency energy warning the supply glut will

continue and keep prices low. it's down again, more than 1%, at 36.33. gas, well, it went up overnight so it stalled on the road to a buck 99. the national average on regular, pretty close hanging in at $2.01. all right, to san bernardino, when white house spokesman josh earnest was asked if the president would visit san bernardino, listen to what he had to say. roll tape. >> i've not asked him this question directly. i'm sure it's something that somebody here has considered. it's not uncommon for the president in the aftermath of incidents to visit these communities that were touched so directly by incidents of gun violence. ashley: gun violence. tammy bruce is here. he referred to this as gun violence. why on earth does this administration refuse to call it what it is and the fbi

called it and investigating as a terrorist attack. >> they're not only opposite the truth of the reality, and it's their own administration in conflict what it is. americans know what it is and why there's such concern by the american public because the white house seems so out of touch and disconnected, like they're on another planet. so, clearly, they've got the narrative of gun violence, he wants another legacy of dealing with more issues regarding guns, to disarm americans. they also see, of course, the surge of gun buying and they claim they don't know why it's happening. it's happening because there's no real leadership and we know that that's the way we can protect ourselves. ashley: that's the biggest issue, we have a terrorist attack on our own shores and own back yard and all they want to do is talk about gun control. >> it highlights their favorite narrative, but it also tries to push aside what the truth of the matter is, which is that the obama administration, their policies, have made us more at risk. and by talking about gun violence, they put the onus on the american people, that we're

the problem. our legacy is the problem. our culture is the problem, versus his policies. ashley: and nothing to do with the terrorists. >> exactly. ashley: do you think the president should have gone to san bernardino, by the way? >> look, he goes to-- he went to wherever there's been gun violence. if this is gun violence, why doesn't he go to san bernardino, it's kind of an interesting passive-aggressive attitude of his. it's a statement that this isn't worth his time because he doesn't want to admit, by going he has to face the reality. ashley: that it's a terrorist attack. >> and they're denying that mersad is a terrorist attack and a young man writing about allah, is a muslim and they haven't officially said that chattanooga is a terrorist attack. it's a fantasy world that is placing the nation in danger and the i think the american people think so as well. ashley: thank you. the investigation moving to a

nearby lake apparently in the search of a hard drive and investigators saying a bigger attack was planned before san bernardino. here is liz macdonald with that part of the story liz: that is this is a lake near where the massacre took place. and the couple reportedly spent time at this lake and searching evidently and have been, maybe the couple dumped a hard drive or electrical devices. the fbi pulling out the stops searching the area. as for the larger attack. here is what we're tracking for you and the couple, allegedly farook was planning a bigger attack and he was connected to other terrorists, four arrested in riverside in 2012 and these are individuals who had pledge allegiance to anwar al-awlaki.

and to taliban-- >> before isis even became prominent liz yes, that's right. ashley: and the wife, malik, tried to contact some extremist groups before the shooting in san bernardino, they ignored her and didn't trust her liz: that's the report out there. this is an unfolding story, the developing story and the question is, the fbi continues to follow the money trail to see if they were in connection with other terrorist cells in the-- possibly in the united states. ashley: complicated. >> can i add one more thing, there was a sense after the arrests that liz mention $that he and the neighbor were planning an attack in 12 and stopped that attack because of those arrests, proving that-- if we take action, that it sends messages and there will be a little bit of a-- if we do nothing, then they become more emboldened.

ashley: and stunning new statement from bowe bergdahl. doing what i did, means i'm saying i'm like jason bourne. i had this fantastic idea i was going to prove to the world that i was the real thing, you know, that i could be what it is that all those guys out there that go to the movies and watch those movies, they all want to be that, but i wanted to prove that, but i wanted to prove that i was there. and can you believe that? concerns veterans for america, jason, a former u.s. army special operations. what we're hearing from mr. bergdahl, apparently thought he was jason bourne. >> thanks for having me on. i mean, this is a cleverly crafted cover for cowardice and thanks his lawyers. bowe bergdahl, or bergdahl is right, it belongs in hollywood. it does disservice for people

who serve honorably when we shower them on, there are plenty of soldiers that served with honor and came home with dignity. ashley: from what we understand, this is a guy who deserted his post, took off, got lost in the hills and was eventually captured in the open desert by a bunch of guys on motor bikes, not very jason bourne-like, was it? >> no, by the way for people who want to take that route and bergdahl knew this well. you can apply to special units and get into a clandestine role and proper training. this is a story crafted afterwards to protect this idea, false narrative that he's somehow a begrudging hero standing up for justice. well, the shame of this is if we give that kind of thing attention and then walk past our veterans who are waiting in line to get their health care at va service and those veterans who come home that deserve the honor that we owe them. let's make sure we shower the right people with praise. ashley: it's interesting,

because bergdahl said he was inspired by leadership failure of those leading his group and when he's finally back home he's given a hero's welcome at the white house. what on earth was the administration thinking? >> again, it's shameful. for those of us who did serve honorably, it's kind of betrayal for us. watching someone who's done that while the questions are out there and there's still an investigation, that's not the time to go ahead and praise a soldier when we don't know what his actions looked like. again, there are plenty of people who serve in harm's way and they do it honorably and they come home, they deserve the hero's welcome and the attention of the american people, let's make sure the attention is focused on the right people, not the guys, the questions are still out there. and that's the way we honor and respect our service members. ashley: very well said. thank you for joining us. >> thank you for having me. ashley: all right. turkey, get this, fining twitter for allowing terror

propaganda to stay up on the site. jo ling kent is follows that in case you missed it. jo: an interesting story out of turkey, the $51,000 fine as they're facing the spread of propaganda on-line. twitter was blocked turkey before over content that was unfavorable to the current president. take that into consideration, twitter is not commenting, but the twitter account is still up. christmas is two weeks away, ups is having trouble keeping up with on-line shopping. ups ground fell 91%. the volume of packages has been unexpectedly high this season. and hover board scooters are so hot this season that the airlines are banning them. united, delta and american announce they will not allow hover boards on any flights because of fire concerns potentially related to the

lithium eion battery. they're joining other airways. the consumer product safety commission meanwhile is currently investigating 10 hover board fires in nine states. ashley: when you say it's a hot item, you mean it. >> on fire. ashley: on fire, thanks very much, jo. corny, isn't it? and speaking of hover boards, a criminal interested in using one, it's not funny, but it is, kind of. to rob a store, there he goes, we're got the video. and trump grabbing the headlines with his plans to ban muslim immigration, outrage, don't we need to take a look exactly who is coming into this country and how they're coming in? that's next. >> the problem is, they are overwhelmed with visa and immigration applications. 98% of which should be granted because they're in the benefit of the united states.

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>> here is a number for you. 1.5 billion dollars.

that's how much money isis has made. so the question is, where are they getting all of this money, liz? liz: this comes from the u.s. treasury department from looting banks in syria and iraq. that's a billion estimated there. and 500 million in oil sales, 40 million a day. they are the richest terrorist organization in the world. they've got now money-- they've got bigger than some small economies in the world. ashley: the u.s. money that was sent over there that was being used for whatever, put in vaults, stolen and they're also using u.s. humvees, this is an outfit that completely funded and outfitted by the united states liz: they're using the money to pay their terrorist army. ashley: what about the oil? >> and there are major donors in places like saudi arabia and other countries that individuals who donate. and we have not blasted the oil field. one person previously from the administration argue that would expect the environment if we blasted the oil field. but a new scene has come up, passports, that in two of the

cities they had had passport offices. thousands of blank passports, the passport machines liz: fake passports. they're selling fake passports as well as giving them out to their fighters. that's another new revenue stream. we see it here as well. ashley: here is another number for you. according to the latest wall street journal poll, 57% of americans oppose donald trump's proposed ban on muslim. listen to what ambassador john bolten said last night, roll the tape. >> the problem is they are overwhelmed with visa and immigration applications. 98% of which should be granted because they're in the benefit of the united states, business people, tourists, people coming for education. a small percentage of having a problem, they don't have the capability to identify. ashley: that's interesting. let's bring in congressman richard hudson, you heard ambassador bolten. does the trump plan makes sense

to you. >> thanks for having me on, ashley. i do agree with ambassador bolten, there's a lot of problems with the current visa system. that's why the republicans in the u.s. congress are working step by step to try to close a lot of these loopholes. ashley: you've introduced a bill called american safe act of 2015. what does it do? >> well, my legislation deals with the syrian refugee issue. when i first learned the president was going to bring 10,000 refugees in, my first thought was how on earth are we going to screen all of these folks? we went to work and found the president was insist tennaent o bringing them in, and we heard the fbi appointee, say you can't possibly screen these folks because you can't create a background for a lot of syrians, especially military age males. my legislation, let's put a pause on syrian and iraqi refugees coming in unless and until we can put a process in place that the fbi director and

homeland security secretary are satisfied where we can vet these folks. ashley: yeah, i just don't see how that's possible. how are we going to check on the background of a refugee? let's be honest, how can you do a paper trail? who is going to vouch for them. >> it's a valid question and if you're a military age male and, you know, we can't go knock on your neighbor's door because your neighborhood is not there anymore, can't talk to your former employer, because that business doesn't exist, then you may not have access ever. but if i'm a naturalized syrian, u.s. citizen and my mother is one of these e pretty easy to put a paper trail together for her based on her travel back and forth to see me and other things. if you're a 7-year-old child, i think there's a different level of vetting that's necessary than if you're a military age male. i think we can continue the refugee program, but there are a lot of folks that we may not ever be able to allow in. ashley: very good. congressman, thank you for

joining us, we appreciate it. >> a pleasure, thank you. ashley: all right, take a look at this, a cyclist cheating death when he collides with a train. >> whoa. >> oh, boy. ashley: and there's a happy ending. and michelle obama turning to rap. we'll tell you what it's all about next. ♪ south side chicago, we all know, we had to do overtime every night to make it tomorrow ♪ ♪ and make your dream come true, hey, kids near michigan, that could be you.

>> all right. check this out. a polish cyclist caught on surveillance footage hit by a high speed train, spinning a few feet away from impact. polish police fine him for traffic violations and he miraculously escaped with only minor injuries. i think that's the wind as much as anything knocking him down. >> looked like no helmet, either. ashley: everything was against this guy and he came away with minor injuries. first lady making headlines for a rap video she made with snl's jay farrell

♪ you go to college. ♪ south side chicago, we know woo we had to do overtime every time to make it tomorrow ♪ and everyone could make their dream come true. hey, kids, near michigan, that can be you. >> oh, boy, it shows the white house with money raining down and tammy bruce, you love it. >> not my cup of tea surprisingly. however, i find it ironic the big complaint is that kids are getting swamped with debt. nobody has a job coming out of college and yet, this is a push for you to go to college. i'm not quite sure what. ashley: you know what's missing, the lyric, how you pay for it. >> that's the money raining down. somehow you're supposed to get money from-- it's disturbing, we're telling kids and we should, maybe, you know, vocational school is better, maybe some people you don't need college. clearly, people who are graduating from college are thinking they didn't need college. to encourage that at this point with the debt and with what's

going on, you know, all go to college you won't have free speech and you'll look-- >> i like that she was wearing a wrap dress to do the rap. you know. ashley: the white house as a back drop for a rap song. >> it's clever, funny, never seen a first lady do this, an issue with african-americans not being, getting good jobs at school, and high joblessness in that, yes. ashley: but it's like the lincoln bedroom, doesn't bother you liz: no, just a journalist. >> it's ostensibly about college, but i think it's reaching out to a political constituentsy. ashley: and the average american household losing money 0, over a trillion dollars in wealth, just got wiped out.

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>> we have about 15 seconds to go before the bell rings on wall street to finish out the trading week. they're looking happy, but it's a volatile time on the markets. every session has been triple digit moves, up and down, let's be honest, mostly down, as the price of oil has plunged. we're off to the races and here we go. futures showing we're in for possibly triple digit losses already down 54 points. okay, maybe we'll stay right there liz: we're going to keep rolling, just watch it. ashley: let's bring in liz macdonald, cheryl casone and scott shellady. looks like we're a long way, scott, from 18,000 level on the dow. we were talking about it and the more we talk about it, the further away from it we seem to go. >> well, the problem is that oil keeps falling out of bed and i think for the rest of 2016, oil is going to be a big driver on the market because of how strong it was in 2008 and since. i think that oil is going to be

a big one to keep an eye on and it seems like every time oil rolls over, so does equities. that's not coincidence, they're going to be the driver. ashley: so, cheryl, does oil do away with this santa rally. cheryl: i think it's more of a short-term hit than a longer term story. we know what oil is going to be. many analysts saying, look out, 25, 30 a barrel. we had 12 a barrel and we survived it. other companies and stocks, show strength. i think they'll be over this, but not for the end of the year. ashley: liz. >> seeing the market signal flashing fire engine red. junk bond is flashing warnings hire of the eu crisis, that's a signal we want to keep an eye on. ashley: good point if i understood it. let's take a look at the international agency, we showed

that the supply drop will continue to keep prices low. scott, how low do we go. some say into the 20's. my bigger question is, is it good for the economy or not? >> well, i mean, everybody says it should be good. i keep hearing it should be good, but take a look at retail sales. there's a $100 billion windfall that consumers to the at the gas pump show up in retail sales? the retail sales are not doing well, and dampening. maybe it's going a little into savings. if that goes a little into savings, the consumer is worried. the consumer sees it like i see it, this economy, zero interest rates are bad and the hike is bad and the fed is in a corner. ashley: let's go on, the journal had an interesting story on spending, if everyone

has money from the gas at the pump. we haven't had the first rate hike and they're already talking about a second one. scott, let me come back to you on this. i'm on the trading floors most afternoons and i was told this week, look, they already know the fed is going to raise rates next week. they're betting on maybe march for another hike next year. what do you think? is the economy that good? >> i mean, it's -- this is the first interest rate rise in nine years, why do they believe the next one is in three months? that's laughable to me. number one, i think that the next move in interest rates after the hike, i think they will because they have to, but the real worry, they're not going to be hiking for economic reasons. they're going to be hiking to stay relevant and that's what i think the markets are showing. >> goldman sachs is-- goldman sachs is saying 1100 basis points hikes a year, and the chief economist is bringing it up to 3 1/2%, so they're saying the fed would-- they're more hawkish and the investment houses.

ashley: we finally made contact with john layfield and we can hear you now. we've been talking about the fed getting a quarter percent rate hike next week and now talking maybe another one in march of 2016. what do you think. >> i heard your guest's comments and i agree. we waited this long for a rate hike and why that long for another one. you either have an inflation problem or overheating economy, we don't have that. we should have raised about a year ago. right now we're raising because they think it's time to raise. and i think you're going to spook the markets if they don't, which is crazy. i don't think this is the right time, but look, i don't see why you see another rate hike when it's been so long to this one. ashley: they've made a complete mess of it. gopro got a big pop on talk of apple may buy the whole company. does that make sense to you? the rap on gopro, that it's a

one-trick pony. >> i own that one-trick pony. last year it blew out of the water and, but the conference call was the worst in history. i think it's an incredible buy because they'll stick it with i-movie, and i-music and 2.6 billion dollar market cap for this company, that's nothing for apple. i think it's a great acquisition liz: it's a rumor right now. it was valued well, what a cutdown for gopro valued more than u.s. steel at one point. can apple deploy-- would apple want to take on facebook's oculus? just a market rumor right now. ashley: the stock is moving lower, by the way. it's official, dow and dupont getting together. nicole. nicole: both of the stocks are under some pressure today. dupont is weighing on the industrial average, by more than 30 negative dow points.

for the week it's holding onto a gain of roughly 4%. the two are getting together. these are two of the biggest u.s. companies for chemical producers, biggest and holdest, now, they have to wait for the regulators and they're hoping by the end of 2016 they will get the approval in the back half and then equally split up, the shareholders are happy and have been pressuring for a change as well. >> it starts much lower in a tough market. nicole, thank you very much. let's take a look at caterpillar. caterpillar group president retiring, he was reassemble diagnosed with als, lou gehrig's disease. chipotle apologizing for food safety issues again and moving thereabouts. this is interesting. cord cutting is an accelerating. by 2019, 23% of households will not have traditional television. .

cheryl: there's more. that 3% includes cord cutters and cord nevers. and that-- >> cord nevers, never had traditional tv. cheryl: never signed up for cable television ever. the demographics the next four years it will be people not even bother to get hooked into the cable thing, it's a generational thing, a millennial thing, but the media companies, they haven't responded well. that's their problem. and sorry, i know i work for one and shouldn't say that, but you've got to acknowledge that the digital streaming revolution is coming and media companies have not done a good job telling wall street, it's okay, nothing to see here. that's not the case liz: what do people want, they want news, sports, movies and good channels. >> and i'm a total geek, i love the channels.

ashley: and marissa may er, she's off after giving birth to twins, we thought they were going to be called ali and baba. >> i thought she had a strategy and that it would work. it's valued on the alibaba stake and stake in japan right now. and unfortunately, this is a dinosaur, it looked like they would turn it to the tar pits, instead, i think it's right there. ashley: does marissa mayer survive or out the door? >> unfortunately, i owned it because of alibaba, i don't think she does. she's a good executive, but katie couric, the idea is right, but a younger demo for a person that appeals more to younger people. unfortunately, the strategy that she had didn't work. ashley: very good. all right, listen, talking

about this, americans lost nearly 1.2 trillion dollars in wealth in the third quarter according to a new report from the federal reserve. the decline mostly driven by a decline in stocks which shed over 2.3 trillion dollars over the quarter. scott shelby, are you surprised? i guess not. >> no, i'm not surprised. i think, you know, we're in the middle of an earnings recession. after seven years of 0% interest rate. we can't find any inflation. this is an exciting time and i think a negative time. right now, the market right now he sees janet yellen and that she's going to hike rates, they would challenge her resolve and see what happens if they take the stocks lower. ashley: let's take a quick look' big board. down 200 points. i want today bring john back, we couldn't establish contact

earlier on. where do we go from here? >> i think the consumer is 70% of gdp which people have said many, many times, it's very well-known. and i think you're going to see retail sales down in retail channels, but i think you're going to see things still being bau bought, and the stephen curry sneaker, it's going to be bought, but is it foo bought at foot locker or on-line? a lot of people were shopping on-line and i think that retail sales are okay this christmas, but i don't think the market goes up significantly from here. ashley: very good. well, ups says it's so overwhelmed, it can't cope. that should tell you something. and john, go back to the beach. cheryl you can stay right here. donald trump no longer playing nice with ted cruz. trump says that necessary, and that cruz himself is about to strike. and how about this, a smooth

criminal, literally. a store is robbed by a guy on a hover board. more varney next. ♪ you can't breathed. through your nose. suddenly, you're a mouthbreather. well, just put on a breathe right strip which instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers. breathe right

. stuart: watch this, a futuristic scene in london. robbed a grocery store, yes, as you can see, on a hover board. he had a pack of energy drinks. apparently hard work on hover boards. u.k. has banned hover boards on sidewalks because of safety issues. the suspect is still on the loose hovering somewhere. >> it takes moxie to do that liz: it does. ashley: dow down 200 plus points and putting pressure on

the markets, down another 1 1/4% on the dowme. let's look at individual stocks, pier one, why, a downgrade. whole foods, shares down more than 30% this year, but a nice 5% gain above 50 at 32.87. let's get back to the san bernardino and the investigation there, which has now moved to a nearby lake that the killers are said to have visited. police are searching perhaps for a hard drive that may have been thrown in there which may hold evidence of a bigger attack. joining me now, congressman from north carolina, he, by the way, listened to a classified briefing on the shooting and i'm sure you can't tell me anything that was discussed in there, congressman, but what was your impression when you left the room? are we safe? or is there many more threats out there? >> clearly there are many more threats out there and i think it's really important to understand the fundamentals that we're dealing with here.

the fact of the matter it, we live in a spiritual world and you have good and you have evil and america has been the greatest force for good that mankind has known and when america steps back from the leadership stage of world affairs, evil prevails. we've got to have a comprehensive plan to fight isis and these terrorist groups around the world through social media, through our air campaign and basically we need a commander-in-chief that listens to our commanders on the ground. we cannot be timid in this war on terror because this is more than just a battle on the battlefield. this is a battle for hearts and minds and until we start to win that battle for hearts and minds, we're going to continue to have attacks. . ashley: congressman-- >> their numbers are going to continue to grow. ashley: sorry to disrupt, but i want to back to the briefing on the san bernardino incident. is it an intelligence failure, is that how it's described?

>> it's not being described as an intelligence failure. clearly, we have to do better at all angles on this war on terror, but the fundamental fact is, until we start putting points on the board and until we start winning and attacking this in a very comprehensive way, we're going to continue to have these kind of events no matter how tight our security apparatus is at home and no matter how good our intelligence is. we have to start taking it to where they're at so that they're not taking it to us here in the united states. >> how confident are you there's another terror cell out there, that the fbi and everyone else says is undoubtedly out there. what are the chances we'll be able to stop another terror act with the resources we're using right now? i mean, are we learning hour lessons or are we very vulnerable? >> we're learning lessons all the time and our fbi agents, all of our intelligence capabilities that we have in place, you know, we learn new things all the time. the problem is, we have to be

right 100% of the time and they only have to be right once. so, again, if we're going to get to the root of the problem and make sure that the homeland is safe and that our country is safe, that we feel confident in the intelligence apparatuses that we have, we've got to start winning and winning this war overseas and doing it in a number of ways, for social media, as well as our military campaigns. >> and should we be putting a pause on any refugee program? donald trump is taking it to the next step and banning muslims from coming into the country. any of that do you agree with? >> well, we need to have a security test, not a religious test, but, again, we've got to have a comprehensive strategy. we need to put stricter controls on our refugee program, we passed a bill here in the house and we're hopeful that the senate will take it up shortly and perhaps it will be in the omnibus package we'll be reviewing next week that it looks like. so we need to do all of that, we need to do all of the above to fight this battle.

stuart: congressman from north carolina, thanks so much for joining us this morning, we appreciate it. >> great to be with you. stuart: all right, let's stick with politics. donald trump, well, he's no longer playing nice with his good buddy ted cruz. it looks like ted cruz is ready to attack. i'm leading by so much, he must. i hope so, he'll fall like all others, it will be easy. we would laugh at that, he's right. if you take him on, you generally lose liz: he's responding to, here, donald trump is talking about ted cruz at a campaign event, ultimately the decision is who has the right judgment, experience to be the commander-in-chief. cruz is pushing back on that, even though the new york times is saying that there is an audio recording of him saying that, and donald trump just moments ago tweeting out, again, saying ted cruz should not be making comments like that behind closed doors. he should say what he has to

say out in the open. at one point it was thought to be a trump and cruz ticket. now, donald trump has taken the fight right back back to ted cruz and this, too, the fear for ted cruz's camp is ted cruz has not been in office for a very long time, has alienated a lot of people as well. ashley: he's playing with fire. back to the point, some who have taken him on some have dropped out of the race. >> cruz was hoping to pick up donald trump's followers. ashley: is that the theme, that people who like trump like cruz? >> they tend to go for the reagan democrats, people who feel like they've been left out of the economic recovery and ted cruz has a very powerful evangelical base. ashley: interesting to see how it works out. check oil, falling below $36 for the first time since february, 2009.

and this, 17 -- by the way, 2%, 35.92, it's tough going for oil as we know. now this, 17-year-old in prison for running an isis terror account. his lawyer says he was groomed on-line and other american teenagers are at risk. it's a fascinating story, it's next.

>> breaking news for you. a suicide bomber and gunman have attacked the spanish embassy compound in kabul, afghanistan. officials say gunshots were heard following a loud blast that shook buildings across the city center. they have aconfirmed that a terrorist attack was underway in kabul, but declined to give further details. we'll follow that. you may remember the story of ali amine, from virginia. he was sentenced after giving support to isis. and his lawyer is here, thank you for joining us joseph. how does such a young kid, 17-year-old kid getting involved in something like this? >> i think it's a complicated individual sort of experience although he had clear strong religious beliefs, but there's a unique set of vulnerabilities that he possesses that it's not

that different from anyone else that's brought into anti-social type behavior. they're exploited by others. on-line predators. we readily recognize how dangerous the internet is for young people, especially coming of age in their sexual identity being exploited by older, more savvy on-line predators and i think very similar system is in place for isis. most of the people who are blogging and reaching out are actually not isis engaged. they're free-lancers who, for their own purposes are seeking to radicalize and impact people around the globe and particularly in the united states. ali fell into that. ashley: well, apparently he set up an account. is that where he was first contacted? and you know, they use this word groomed. is that what happened to him? >> i think absolutely. the witness account was actually a year or so after he

had first begun having on-line conversations with older male radicals who took his legitimate grievances about what was happening in syria and sought to sort of cognitively open him to extreme responses in terrorism. so, the grooming was going on for a long time before he ever set up the on-line account. in setting up the account, in large measure, was encouraged by these older radicals who told him, in a way that particularly powerful to a young person coming into their own identity, that he was smart, that he had -- he had leadership qualities, that he was well-versed in the koran and that he needed to get his own message out there, while he set up the account it was absolutely encouraged by other people. ashley: we're out of time, john, so sorry. it's a fascinating story, we hope to have you come back and tell us more. >> thank you, ashley. ashley: thank you. the president's press secretary calling the san bernardino attack gun violence.

why won't they call it what what it is, islamic terror. the iphone in your apartment, could be on the road to extinction. smart phones could be obsolete by 2021. the second hour of "varney & company" just two minutes away. but the quicksilver card from capital one likes to keep it simple. real simple. i'm talking easy like-a- walk-in-the-park, nothing-to-worry-about, man-that-feels-good simple. quicksilver earns you unlimited 1.5% cash back on every purchase, everywhere. it's a simple question. what's in your wallet?

>> i'm ashley webster in or for stuart vanny welcome back for the second hour of wall street in the opposite direction down 268 points watching the falling price of oil. but we have some breaking news to get to regarding those online gambling sites let's get to cheryl. >> good morning to a judge in new york has granted eric schneiderman to shut down he wants to shut down fan dual in the state of new york but i want to say just crossing reuters filing emergency appeal reporting lawyer for draft king.

this is is it gap gambling, skill, but headline story legally anyway has been happening right here had in new york. >> trying to shut them down completely. >> they wanted to shut them down for now. but remember this happened to them in nevada. and what -- the company said we're not shutting down. and so -- emergency appeal we say 21st century fox does have a say in draft king. this has been something that has been -- with billions of dollar a billion-dollar industry. >> also to remember the -- >> state lottery system too. ferlings also remember all of the nfl, baseball everybody, basketball has got a lot of advertising revenue on the lean. >> continue to follow it. back to the markets pretty ugly check the big board for you

still the lows long away from 18,000 closer to this 17,000. big reason for this and has been all week seven year lows below 36 a barrel for first time since february of 2009 almost seven years ago down nearly a buck at 35.82 let's bring in dr -- great to have you on this friday. you know, i'm almost i saying it mockingly now we were talking about 18,000. now we're looking at 17,000. where do we go from hoar? >> a lot of tough things gong on ashley as you know and already been covering it. we've gotten what's gong on with oil which had is really driving a lot of things in the market. fed date up coming up which we want to talk about a bit. but here's the driver in oil markets as prices continue to get push d down, down, down yes there's a deflation scare that everybody is talking about but

something under radar screen on wednesday one of the best, high yield funds out there, third avenue high yield fund suspended redemption so they said you can't take your money out of our mutual fund because the markets are are so ill liquid in the market an when dominoes fall ashley they are red flagses for us to watch back into the stock market. >> that's a disturbing development. elizabeth mcdonald talking about the market, an concerns there. liz if you want to expand on that. >> this is something we've been worried about a year ago liquidity and now offering 17% on junk bonds wow that is unbelievable. so there are fears now corporate crackups around globe and energy sec or tore that companies borrowed heavily been watching for about a year now. >> let's get to individual stocks quickly -- stew would

call this one a boring one perhaps days gone past but you look goodyear. everybody likes tires, right? >> a nice boring up 15% on the yore after today's hit actually. so if that bores us, then good on all of us. goodyear started a very good story because gas prices go down this is something even my elementary school economics kids can understand. as gas prices go down, people drive more. we need more tires, goodyear's executing really well, and they're just continuing to be in earnings and cash flow monster that keep cranking out money and stock keeps going up. what's had not to like? >> sounds good to me. but you're not hard on glass maker coining, why's that? >>ening this is sort of a longerrer term call a little bit unusual for me. but there is problems abrewing at corning.

40% comes from glass in the cell phone and that technology is probably going away before that, before cell phones go away in 2021 is your final previous piece said. what's happening is new flexible screens, that won't break when you drop them are going to attack over. corning, they sold more than a billion dollars of gorilla glass in 2012 it's down 25% since then. down 6% year over year, i think they're going to continue to lose market share on their big cash, so stay away from corning. >> very good. up three and a half percent by the way. partners await. thanks so much. we appreciate it . all right let's move on san bernardino investigations we've been telling you moving to a nearby lack where fbi divers that suspects well they may be in the area. and an examination of digital equipment recovered from the home of the couple has u now led

fbi investigators to believe shooters, planning an even bigger all salt. now, with that in mind listen to how white house press person described the attack in san bernardino. will to this. >> i've not asked him this question directly. i'm sure it is something that somebody here has considered. it's not uncommon for the president in the aftermath of some of these incidents to deliver these communities that were tump sod directly by gun violence. touched so directly by gun violence. jessica is with me. you know where we're gong with this jessica. why -- can this administration not call it what it has not just the gop but just refer to it as gun violence? >> president obama sunday night front and center san bernardino with terror and we've got --

i disagree with the hour it is after. absolutely. but yes it took them a little bit longer than it should. with what had josh earnest did that might be more reflective than intentional. nobody is confused that this is a terrorist attack when we have people digging up lakes we're talking about visa, terror are web, and you know how they got into the country, where they were radicalized. >> you don't think he carefully avoids word terrorism when he -- asks question? >> i think that is now more of a sub conscience thingen that a conscience thing and important part of the president's agenda to be addressing gun violence and gun safety in this country. they use guns when they did this doesn't mean it wasn't a terrorist attack and islamist -- >> would have got regardless of whether they have gun control -- >> just because it wouldn't stop incidents doesn't mean we shouldn't be having a conversation on how to prevent further incidents. we can have two how do we fight

isis and protect americans from senseless gun violence? >> you think that terrorists cannot get gun with a law in place that say you can't buy it. >> wasn't domestic terrorist doesn't get a gun or one person who -- you know is after their wife domestic abuser there are reasons beyond just fighting terrorist that we need to be revise our gun laws. >> or one person not able to get a gun that could prevent an attack. >> why not? that is my question i don't know why universal background checks is so scary to people that it is a terrible thing to think that you have to wait a few extra days while mental health screens should be intense. those should not be a deteernt. >> should president obama have gone to san bernardino in the wake of the shooting? s he was asked that question and that's where that community from -- >> absolutely. i think there certainly is an opening there and would have been first one that he would have gotten to immediate aftermath and sent a message. that, you know, that he was with

the community as well and understand what was going on there. >> terrorism? >> i don't think at all. i think president obama cares about every american life no matter how that life was lost, and i think the fact that he's pushing gun safety agenda does not diminish how safely he attacks the threat that we're facing. >> interesting. so you think that judge ernest is just reflective when he says that gun violence distinct in san bernardino -- >> hep wasn't walking out there and pulled him aside and said dongt you mention terror. >> i know about that. administration is careful if their wordings. >> we are, purposely don't say terror. >> they do say terror when it is terror but we also -- >> in a corner they might. >> i wouldn't call what had president obama did on sunday night forced into a corner. he did have to do -- >> he was late in coming out and talking to the nation i felt. >> you did? >> he did talk to the nation. he did immediately afterwards talk about --

>> because the fbi finally announced in san bernardino that this was indeed a terror attack. >> i don't believe it was forced. i don't think president has to give an oval office address. i think this man cares a lot more about these issues than a lot of people give him credit for. i think that he wanted it to be lane tell american poem that he understands what's going on but he has a strategy many don't approve of it. but that doesn't mean that he doesn't have a strategy. >> trying to figure out what it is. that's for another day. >> next frud -- friday. jessica thanks so much. appreciate it. thank you. well following isis money trail. one and a half billion dollar it is in ill gotten gains an awful lots of money. where's it all coming from? >> essentially coming from luting, looting banks in america, syria, iraq, oil sales, and this is why it has been excuse me so devilishly hard to break up isis in past al qaeda for example relied on international pupgding to track

money trails to have ims to get good guys on it to stop these terrorists now that they're self-funded inside their region it's really hard to push become on isis. they basically pay their fighters a lot of money and wive they're running social welfare program and collecting taxes for them to be basically having -- you know gdp right now equal or a small nation, and they are best funded terrorists right now. >> to say according to the u.s. treasury pcials speaking in london overnight and they're making 40 million a month. >> maybe -- iowa saturday may be buying oil too. >> that's exactly what this treasury official said. assad regime is buying bulk of the oil. but they're at war with each other. explain that one. >> i can't that's crazy. >> the reason the issue of russia accusing turkey on this game -- deny that. >> turkey liz is right.

all of the money, though. donald trump let's get back to hum surging in polls taking shots at ted cruz and now talk of a broken convention in cleveland. wouldn't that be interesting? more on that after the break. so what about that stock? sure thing, right? actually, knowing the kind of risk that you're comfortable with, i'd steer clear. really? really. straight talk.

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>> let's tack a look at the big board down from the very get-go from opening bell up for 196 points down more than 250 at one point. take a look at this. dow all in the red just for a second verizon flashed unchanged we'll take it slightly lower. that tells the picture right there. gold, gold moving higher slightly up about a buck or so 10.73 but oil that is the big story. below 36 bucks. only just at 35.98 world glut continues to put down with pressure on the price of crude. and also tag down as you can imagine oil stocks with it.

check this out royal hutting a 52-week low down more than 3% of 44.74. u now as a offshoot of oil prices dying you have news on the russia ruble dying, tag it on the chin. >> now we've seen just crossing moments ago breaking news that russia's own currency is hitting levels the plunge is so severe levels that is not seen versus dollar since 1998. that's been around the time when russia has defaulted russia is in a recession right now. we already know that capitol markets has given the a warning that in the oil o plunge and you're right ashley. countries that are dependent on oil they're on the edge. venezuela. libya, algeria now russia. >> dependent on this, and feeling the pinch with every passing day. >> we'll stay on this story for you. also following a breaking story a judge says those daily fantasy sports websites should stay

shutdown in new york. cheryl what's the latest? >> following the story fox news has confirmed, of course, that the lawyer has indeed filed emergency apool that is beginning on right now. this is breaking right now. but the new york judge actually honored injunction that eric attorney general of new york requested shutting down fan dual and draft king. schneiderman said approved by this judge that this is illegal game of chance not one that involved skill. this could be -- we're going to run but this could be a crippling blow to companies. i have to say that 21st century fox of fox parent company of this owns a stake in draft king. >> continue to follow it. thank you. back to politics donald trump leading republican field now ted cruz taking aim at him making a vail criticism of trump and well as you would expect donald responding tweeting, looks look ted cruz is getting ready to talk, i'm leading by so much he must.

i hope so, he will fall leak all others. typical donald trump response. bring in craig robinson of the iowa republican, and thanks for joining us let's begin with trump. he has a point anyone that tries to attack him gets severely nothinged back or even out of the race interesting that went with ted cruz. what are your thoughts? >> yeah, i mean the two are neck and neck in iowa. i think that this is a pattern we've seen over time where when someone rises in poll donald will engage and some people in iowa that have been on those campaigns say he almost has leak a death touch where if you engage him, be careful. he might injure the campaign. >> so -- ted cruz might have staying power than that. >> that's true. you know, when donald trump first jumped in the race we had a good laugh said he's doing publicity and some a plant by hillary clinton.

here we are months later and still dominating in polls. what's the thought in iowa on all of this? >> you know, i've taken the time to go to a bunch of different trump rallies across the state, and to be honest with you, there's something there that ting people need to -- need to realize. i mean, this is a populus capability when he goes and he blast ford motor company in burlington, iowa, which is very industrial that has a little bit higher, unemployment rate than other parts of the state, this is a message that sinks into those blue collar workers, so it's kind of odd to have a populous billion that are candidate. but look, you think he has a more sophisticated message than ting most people would give him credit to for -- and i think that, you know, he's an aggressive politician, and we have a lot of -- a lot of other candidates in this race. they lack that aggressive stance

in this race, and i mean, look donald trump has the foot on pedal all the way down all of the time and candidates i don't think are used that. : sorry we're so short but i want to interrupt you about marco rubio no ground game in. what do you mean? >> look, i think there's a lot of frustration in iowa. that's actually a good thing for rubio. i think people are looking for him and they still view hmm as a very viable candidate that could do really well here. but his campaign isn't focused on iowa. it's a commitment issue where people aren't seeing the, look i want to win this thing. so he separated himself from his lane like chris christie or jeb bush so people want him to do more. look like you want to win, and i think if he did that, i think he would have much better chances on caucus night. >> interesting to see what polls show craig thank you so much for

joining us, we appreciate it from iowa. new national poll trump's plan to ban muslims not getting support from majority of the country. will we will able to sack face liberty for security. john stoss dlption up next. ♪

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they wanted to also launch international terror attack. so he's a high valued target. they've now got him. >> good news all right liz that you think. knock times cbs poll shows 40% expressing fear about what donald trump qowld would do if he was elected president. on the other side 23% are concerned and 43% say they're scared about the possibility of a cloin ton presidency. john stoses l he's never scared with me right now. your show focused on security versus liberty. how much, you know, liberty are we prepared to give up in order to feel safe? that's a big question. >> i'll have both -- >> can you have both? >> probably can't have both. but -- with horrible things in california we're lukely to be killed riding book, swimming, or driving a car and it's important we keep it in perspective.

>> what is crossing the line? >> gong to debate it tonight. i don't agree with rand paul who i had agreed with about so much about this mass data collection. because in terms of somebody luke this couple in california, it is much less intrusive to look for general pattern in data of phone call and e-mails than it is to have surveillance on people. well it's interesting you know, does it follow agenda, any divide or republicans more likely to give up liberty for security? i mean, can you make those broad assumptions? >> stretcher, i think that women -- they want to be safe, and -- >> right here -- saying that women don't want to be -- >> much quicker to give up liberty. >> not necessarily, no, a smart woman, no. >> rules there's a big gender divide here. >> so i guess i'm on wrong side

of that. i'm a woman but -- >> there you go. keeping silent there. >> yes i am. shooting that silence. fascinating stuff see you tonight. john stossel 8 p.m. eastern on fox busy how far is too far to go? interesting. white house refusing to call islamic terror are. reggie williams say it is that's the real threat to america, and he's up next. looks like some folks have had it with their airline credit card miles. sometimes those seats cost a ridiculous number of miles... or there's a fee to use them. i know. it's so frustrating. 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.

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>> well, we've seen big market selloff from opening bell not excited that we're down 160 some odd but down 150 half an hour ago. coming back a little bit. bike story cost is oil now above

36 bucks a barrel it was below 36. but still up about 1.5%. take a look at caterpillar group ed to retire, he recently diagnosed with als also known as lou gehrig's disease. chipotle apologizing for food safety standards, up 7, down more than 1% at 5.68 nice pop for whole foods leading s&p 500 by the way. remember shares in this company down 30% this year up nicely today up more than 5.5%. also following a breaking story, a judge says those daily fantasy sports websites have been controversial saying that they should stay shutdown in new york. interesting development cheryl. >> new york supreme court noless this is court justice that issued this -- granting new york attorney eric schneiderman injunction which by the way followed this a month ago.

so sitting for a month companies have to wait to shut down in draft king as a potentially crippling blow to the issue here -- the company. >> is it a game of skill or o gambling? >> in this sub managers to the court was schneiderman said this was a game of chance and equates gambling. this particular judge mendezing with schneiderman but we did confirm hear is filing emergency petition at least for a stay on ruling. to keep operating and then back and fight and appeal the decision. so -- they went up against the court in nevada. will they do that here in new york? they might. of course o 21st century fox. point that out. shearl thank you very much. it is the stoskt day. josh earnest responding to a

reporter question asking the president plans to visit the scene of last week terror attack in san bernardino. listen to this. i've not asked the direct question but something that somebody here as considered. not uncommon for these kinds of incidents to visit these communities that were touched so directly by incident of gun violence. >> by gun violence says josh earnest with us republican congressman roger williams with congressman why can't he just call it what it is, the scene of a terror attack? he brings it back to gun violence, of course, the issue of gun control. your reaction to that? >> well i don't know why he can't say that. you know, i represent fort hood in texas, and we had issue we fought so hard to make him realize that the shootings happened on november 5th, 2009

were not work place violence but a terrorist attack. ftses things different than certainly i do. i think most of america he can't admit it and he can't come to conclusion that we are at a war. we are in war with -- terrorism, and he needs to address that. that bothers me he continues to lead from behind the and will not lead our country in a tile that affiliate americans are concerned about where we're going in fear for their safety. >> failure to admit what it is -- just a bigger threat to this country as the act itself. >> when i think of the fact if enemy doesn't feel like -- our leader does not realize what they're doing is going to empower them to do more and more and more. you know, i think that i take some reservation and would hope at some point and time that president would reach out to the muslim community and challenge them to address the problems they got within their community right now, and help us change things here in america. but right now when you see what

happened in california, i think it's just gng beginning of what the enemy wants to do to us here. >> disempowers moderate muslims join in the fight to stop islam pick terrorist, and muslims in the world don't like this. but sure, can you tells us more about your fight against fort hood and listen it is a terrorist event and not work place violence. why was that such a tough go of it? >> well, that's a great question liz is why was it a tough challenge? well it was a challenge because he did not want to admit that it was a terrorist act and they began to call it work place violence, of course, anybody was there. anybody that saw the scene and talked to victim and familyings knew it was a terrorist attack. we had men and women, the best and brightest we had coming in, unarmed, and this -- terrorist opened fire on him, and killed and wounded so many of our soldiers. >> given you hard time saying you know this is work place violence. >> well administration was that

president obama, eric holder would not admit to it. congressman john carter and i led the clarnlg to get it to a terrorist act so these young men and women would get their benefits and purple hearts. we were able to do that as you know in april of this year. but he still would not admit to it. this is a big problem we've got. he's not wanting to take on biggest challenge to defend america but realizing we're under attack by islamic extremist and we need to address this problem and let them know that we're going to fight to the end for our freedom and liberty that we love so dearly in america ppg >> should we be stopping employee of refugees into this country -- given the concerns about what risk they may pose? >> there's no question that we need to address that issue. i for one i don't support funding of the 10,000 syrians that are due to come in. but look i'm from texas. we need to secure our border,

this president again turned his back on that. we do not secure our board offer, open boarders and that terrorists are coming across southern, northern border. let's secure our border and then let's identify who is here and let's move on. >> all right we're out of time. congressman williams thank you so much for joining us really proarnght your comments this morning. thank you. >> thank you very much. it is in the midst of criticism for recent comment on muslims donald trump had this to say to the police benevolent association. listen to this. >> anybody killing a policeman, policewoman, police officer, anybody killing a police officer death penalty, it's going to happen, okay, we can't let this go. >> well that went down well probably a good move cheryl to win over the police union. >> got a key endorsement from a police union so we should say is this ill timing, bad policy. he said if i'm president i'm

gong to mandate but if you kill a police officer you get the death penalty. the only problem mr. trump fyi that states want to have a little bit of a voice in this. i don't think he was really thinking that through when he was giving that speech but being politically smart frankly and -- he said he's not a politician but starting to really act like one. when you are saying things look that and getting a key endorsement just a thought. >> all right cheryl thank you. how's this for a headline. consumer poll by erickson says smartphones could be obsolete in just five years. yikes, kirk is here. how is this possible. always scrambling to get latest iphone or galaxy whatever, should we happened to hand it over? >> amazing study came out done in sweden and remember sony -- to be pessimistic. >> thanks for my hair day. so good looking bunch.

just pessimistic. but -- the deal of the study comes out, and they poll about 100,000 people in 40 different countries with and they say what does it look like in about 5 years from now when it relates to technology and future technology look look? more than half of the responsibilities came back and these are some futurists who have some teept in the matter and they said i don't think we're going to need smartphones anymore. >> how do they make a call. push a button, how do i mange a call? >> liz will have a chip in her head. >> actually i want to talk to you. so here's the thing, this is a survey of individual consumers not the companies themselves. so that's a big difference. what are companies saying are they going to have -- what they want but companies how advanced are companies right now? going to have meernt reports and we have a digital display screen floating in the air to hit a button and talk to it to make a phone call? >> what do companies say?

how advanced are companies get a poll of kiewrls of what they want. >> companies are saying is that what they want, let's start building it. and then already building it that the innovation that is occurring today very even, two, three years ago so rapid quickly evolving and global and more collective. so the things we're able as people to come off an innovate in the world, happens so much faster so the reality is, yes. a lamp at your house will one day understand what you want out of the refrigerator and committed in the -- [laughter] >> but it's a -- area. >> i'm having to wrap. that's what they're saying. fascinating stuff. thank you very much. good to see you too. three of the country biggest airlines banning those hover boards from all flights. what's going on, shawrl? >> three names there on your screen delta, american, united saying overnight you cannot travel with a hover board

lithium, ion battery is in these hover boards and jetblue don't want it in the cargo hold of their planes i don't blame them. >> a lot on fire. >> so lithium is a volatile substance you remember boeing 787 and this dream liner of itself became vol toil and huge problem for boeing. aurals, faa then that lithium battery and flying do not mix period. there are already very strict laws that say certain lithium-ion batteries in other words that are just carried on their own are not permitted on -- >> but can scanners pick that up at the arpt that's what i'm worried about. >> are we training people at the arpt to pick up on lithium batteries? the answer is no. extra lithium batteries for technology. do i have them safely? yes i'm reasonable and i know that batteries won't make contact.

when these batteries -- fascinating. >> i would fall off quickly. fears terrorism haven't been this high after the september 11th attack. worrying too much well of course could be too hazardous to your health. he's going to talk about that, next. well, just put on a breathe right strip which instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers. breathe right icars to smart phones, requires lithium. pure energy, developing their nevada lithium project, signed a supply agreement with a company building the world's largest battery factory. pure energy minerals

u >> i'm nicole petallides with

with your fox business brief, stocks from the red today for the week and flipping further into the red for the year 2015. the dow jones industrial average is down 198 points right now 17 rksz 378. s&p 500 dropping 22, and nasdaq down 60 all three of the major averages down 1% each, of course, oil is a very big story. get to that in a moment. dow chevron, visa, dupont at least on heels of deal announcing with dow chemical. corning is selling off its stage and dow chemical that's a win wither today and then we're looking at oil in particular. oil dropped again 7-year low. fell below 36 dollars, a barrel and that certainly has weighed on the energy shares and in particular looking at some of these names. you can see southwestern is down 8%. and also 5 a.m. i am be with you breaking news at that time. tucson. blew an amp.but good nights.

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>> a new poll from the knock times says 44% say a terror attack is very likely to happen in the next few months. fears over terror haven't been this high since weeks following the september 11th attacks. siegel says all of that fear could be hafdous to your health and joins us now. but qowld say to you it's hard

not to be fearful. how do you stop it from causing problems to your health. >> first ashley we have to understand what it is. fear drives perception. in the business world you understand that fear drives majority. social scientists don't buy that. they say it is about risk assessment and look at the environment and say what is chances, what is the danger? but we're not called thinkers. center of our brain has an organ that drives fear. amigddx ola not in charming had of the plane and feel turbulence sure you're going to crash. 361 crashes last year people died in plane and 1.3 million died in car wreck but much more confident in the car wreck because fear is driving you on that plane. similarly when you you see a terrorist attack like san bernardino or in paris you think it is beginning to happen in my supermarket my gathering, the chances are extremely low. but you can't convince yourself of that. so what do you do?

what you do is you need fear guides. somebody to comfort you, give you courage, because courage goes through the same place in the brain as fear so does love. so laughter, happiness, an if you can laugh at yourself you can break that cycle of worry. president bush stood pup and said people who knock down buildings will hear all of us soon and backed it up. confident of leadership, courage, our president obama, who says let's not forget that freedom is nor powerful than fear. but nothing back up. can't rally behind it. how can it manifest itself in your health, in your body? >> call it like riding car your blood pressure goes up. you start to worry, worry feeds on itself you're not sleeping properly so tell people exercise, get that laughter. get that love, leaders, you know, break the cycle of worry

best they think you can do during a time is to have your regular night sleep something simp. watch us on tv. watch image don't obsess on them. >> having more sex is that what you're saying? >> sex through the same part of the brain too. replace that part -- >> now we're getting to it. repolice that fear with sex. with love -- >> laughing here. that's good. already feeling better. we're beating. thank you so much. thank you liz for that. from that to this, wine enthusiasts release their best issue. we have their toppive top five favorite bottles after this.

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>> sergeant bergdahl is right about one thing this belongings in hollywood a tale that is absolutely false. by the way, it does disservice

to those who serve hon nationally when we shore people with praise. shameful and plenty of soldier and service members that love america and have served with honor and came back with dignity. >> until we start of winning and attacking this in a expensive way we're gong to continue to have these events no matter how tight our security apparatus is here at home and how good our intelligence is. >> those were highlights from first two hours of "varney & company" tune in every 9 a.m. eastern time for all of the action and has action right now. the holiday season. >> it is christmas time. you know you don't want to show up at a holiday party regifting wine or bring a bristol cream or o melon ball, whatever. because people think you're cheesy. so what do we do? a best wine right now, and they're really inexpensive define to make you look good at

your holiday christmas party. wine enthusiast best of wine issue, featuring top 100 wines that are reasonable that their tasters reviewed we have susan executive editor of wine enthusiast top five with her. let's go through the list. which one is number one? >> number one is from italy, obviously, 44 deliberation, agable wine that you can give someone to drink it right now. or they can drink it, they can hold it in their cellar something that everybody will love. a greats price. >> all under 50. >> and again they're called from our list that we taste always year about 20,000 wines a year. and these are top five -- >> second one. >> second one is petite blend from lodi in sierra foothills in california. just a very nice medium bodied red something from a region that most people don't know, and it's again very with priced.

>> third what do you got? >> third one i have is from oregon, just very balanced, slightly sweet perfect for holiday foods that you're gong to have. >> 28 dollars. so spain is hot right now. sposh wines are great most love wines. this is pricier 58. but again something you can put in your cellar or anyone who collects wine will love this. >> everybody loves melbeck from the valley in argentina. great for grilled meat all of the heavy dishes around holidayings. >> giving shawrl ideas. so you have very, varied selections buttening the reese ling from oregon -- >> grab all five of them. thank you so much for joining us we really appreciate it. well fantasy sports lost in new york state.

we have hour three of varney a jammed pack hour coming up. don't go away. does it make the ? yeah, i'm afraid so. it's okay. this is what we've been planning for. knowing our clients personally is why edward jones is the big company that doesn't act that way.

>> here is the big story. do not look now. the dow is now off. triple digit trading up by 239 points. a big reason why. the price of oil is down again. well below $36 a barrel. 3589. it is great for your wallet a lot not so good for your stocks. huge implications for the business. an in-depth look at that story. ben carson threatening to leave the republican party because of the establishment rnc.

the third hour of "varney & company" starts right now. ♪ stuart: let's check the big

basically, it defines a chance to me. here is what is important. gaming device in which the outcome depends on an element of change. notwithstanding that skill of a contestant. it may also be a factor therein. >> a little bag i would say. >> yes, there is some skill in this. the outcome depends on chance. that hurt them tools and draft kings. >> richard, thank you for joining us. >> as cheryl just pointed out,

and all is a game of skill and gambling. what is it? >> it is all up to interpretation. of course there is skill and of course there is luck. every time a player carries a ball for the gambler, that is. going up. the fact that new york has actually struck down a huge blow to draft kings ordered to shut down in new york, it could very well be that for drafting. they could very well follow suit. >> do you think anything will be unsuccessful? >> i think that it will be. it is very bag. writing a very strong opinion. understand that $100 million in fees in new york alone came in this year.

driving tremendously from new york. when new york goes down, other states follow suit. >> draft kings has filed an appeal. >> first it has to go up the ladder in new york. not an easy issue. it could. it is generally up to the supreme court. it must be a federal question. right now, we will go to what is called the court of appeals. the highest court in new york state. a three prong level. two levels left to appeal from. listen, this is its lifeline. if it stays in business, it is

wonderful. if it cannot, it will be shut down in new york. >> very interesting. thank you for joining us. we appreciate it. the parent company of fox business. all right. now this. a new poll showing many americans standing behind donald trump when it comes to comments on muslim immigration. 57% of people say that they oppose trump's plans. you are with muslims for progressive values. what are your thoughts on that? does it give you some optimism? >> yes. i am happy that is 57. that is still a huge number that do agree with trump. unfortunately what we have seen in the last few days in this past week is a number of muslim women have been spit on, really

attacked and muslim children and others have been bullied more than other. i think they need to weigh their words very carefully. it is not about a popularity contest. it is affecting real muslim lives. children even. i am seeing that. with you to be careful. >> doing more in the wake of the terrorist attacks. to call that what they are. they are outraged. they are not aligned with these people that take their religion to such an extreme. >> absolutely. i appreciate the idea that i am sitting here in this chair. we have been counting this for a very long time. for nine years.

why even bother. it has been happening within the muslim community within the faith for the last 25-35 years. the theology is the fertilizer. we know what fertilizers are made of. radical theology. this concept of intolerance, anti-somatic self segregation. it gives the network of muslims, the whole network of them working around the same issues. we have a network off for aggressive values. >> thank you for joining me on this very issue. thank you very much. next story. then parse and carson threatening to leave the republican party.

adjusting for the possibility of a brokered convention. college republican president is in d.c. if we had a broken convention, i think it would be great for tv and media. fascinating spectacle. is this something that republicans really want? >> absolutely not. from what i know, i do not think this report is true. if it were true, it would be totally uncharacteristic of who we are as republicans. we are a grassroots party. they had to be chosen by the primary caucus. you have a top-down party ran by debbie weil to mention olds. all the democratic member hands to supporting hillary clinton. even when you have viable a viable candidates like bernie sanders that are doing very well in places like new hampshire

higher. we are the grass roots party. >> a brokered convention on the premise of donald trump am a believe it or not did actually winning in the polls and could be the nominee. that has the gop running for the exits, if you like. running around saying what to we do. putting the theory behind a broken convention. they will go behind the closed door and find someone else? >> anyone conspiring to create a broker convention forgets their history. the last time they walked into a convention without having a nominee was 1976. what happened in 1976, we lost. anyone who is trying to break the rules in this way is not remembering history. like i said, i do not find this to be true. >> next story.

northeastern university of announcing a new plan in the wake of the recent shootings. all the campus police will begin carrying semi automatic rifles. allowing students to carry concealed weapons on campus. what do you think? >> it really showcases the benefits of legal owner ship in this places that are open to an attack. not a single gun law that the liberals are proposing right now would've stopped any of the past shootings. we think about our campuses. they are sitting ducks. not just a community that is isolated. it is within the broader community. listen to lectures. some of the most vulnerable places. i think that is why you see that nine in 10 public universities have sworn police officers guarding those campuses. even the district of columbia.

howard university. sworn police officers guarding their campuses. what happened this week, my alma mater was blocked off twice over threats of someone with a gun on campus. this is just a commonsense issue. ashley: it is. running around campus armed is also somewhat disturbing. how would you answer that? >> people carry guns legally have the proper training to carry those guns. i think that they can only be helpful in situations where the large populations of people in one place that are generally vulnerable to the attack. ashley: i want to get back to the polls. donald trump despite the comments on banning muslims continues to be very strong in the polls. can he keep it going?

>> i think that right now americans are looking for strong leadership. what i will say is this. young americans are looking for strong leaders as well. when we are talking about who is doing all the primaries right now, certainly i love watching every minute of it. when we get to the general elections, these kids, whoever our nominee is, that person has to speak to young voters online and in campus. we will be telling you why we lost the white house. do not make me come back here and say that. ashley: thank you so much for your time. we appreciate it. >> thank you. ashley: exchange for boberg all. army sergeant charge with desertion. it was illegal. we will be right back. ♪

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ashley: let's check the big board once again. down triple digits. the same range for the last hour. down to under 27 points on this last session of the week. all yield down again. $36 a barrel. 3492. that is putting a lot of pressure on the market as a whole. a new congressional report claims that president obama did not give congress a mandatory 30 day notice of his plan. in exchange for the now accused army deserter. recently appeared on a popular radio broadcast saying that he felt he was a fictional movie character. doing what i did is me saying that i am like, i don't know, this fantastic idea that i would prove to the world that i was the real thing. i could be what it is that all

those guys are that go to the movies and watch the videos. i wanted to prove that i was that. yesterday we found out that one of the five taliban members that was released is a high-level leader in and al qaeda unit. releasing a suspected terrorist. it just points out how awful this deal was. >> sadly or we are finding out that this is the case. all five of these people were on the list of two dangerous to be released. now we are seeing exactly why. unfortunately, this is something we have to deal with. very definitive and how the american people were best led. ashley: talking about the house armed committee. completely bypassing congress to

cut this deal. the opinion of the report that it was illegal. >> congress has to be and formed. the evidence shows that they were working on this for more than 100 days before it actually happened. the prisoners themselves new two days before it happened. >> in 2009, it was one out of seven. returning to the terrorists by. now it is nearly 30% of them. one out of three. what is the next step in this fight with trying to stop this from being released? what do you think is next? >> we have been trying to do that as much as we can. we do not even want them to be transferred to the united states because of the threat that that may pose. the people have to speak up with

this. inform congress. in this case, we were terribly misled. i think we are beginning to understand the danger of going through this program. like i did in iraq, it is terribly alarming to think that the people that killed some of your brothers and sisters are back out there in the fight will we had them in our hands. ashley: the obama administration in response was they had to sidestep the siege or because they were concerned for the life of bergdahl himself. he was being held prisoner. >> i do not believe that to be true. that is from the department of state. nothing that shows they were investigating his current health status. reaching out to the other side and said how are you taking care

of our soldier. in our own military, we do a compassionate release. we release them compassionately. they were no longer a threat to us. we release them. did we ask for that? it does not seem like we were that interested. ashley: congressman, thank you for joining us. the oil just how far will it go? first, in case you missed it, stewart's interview with joe nemeth. here is a highlight. stuart: -- [laughter] >> quarterbacking business. until you have to make a decision -- [laughter] (vo) rush hour around here

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's the mac spanish police say that they have arrested and a live islamic militant wanted very much by the united states. >> they may seek extradition for this islamic terrorists.

he was accused of conspiracy. allegedly trying to launch a european terrorist cell with women. those who are, you know, so as to be this type of terrorists. he has been on the run at least a decade. they have been wanting him for some time. ashley: are right. now they have him. >> seeking to have him brought back to the united states. ashley: take a look at whale. big story. it has been for a while. cheap oil prices. how much is this helping the consumer. in particular, the spending by the consumer. it has not always translated. cheryl: i disagree with some of the findings. cars.

homes. picking up in those sectors. if you look at their retail sales, we got them today and they were not so great. that is still sluggish. two different types of consumer spending. more meaningful types of spending. if the market, it is psychological. they look at their portfolio. if we see something change in the next part of the year -- ashley: people really wanting to save more money. cheryl: right. health costs going up to. >> those deductibles are huge. the white house calling the san bernardino terror attack gun violence. what josh earnest said after this. ♪

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hand apparently, they also lovee stickers.ing. what's up with these things, victor? we decided to give ourselves stickers for each feature we release. we read about 10,000 suggestions a week to create features that as traders we'd want to use, like social signals, a tool that uses social media to help with research. 10,000 suggestions. who reads all those? he does. for all the confidence you need. td ameritrade. you got this. ashley: market selloff continues. the dow off close to 250 points. pretty much the opening bell. low oil putting pressure on the energy sector. all sectors moving lower. quick news update. liberty university president says the school will allow guns in student resident hall.

at his liberty university. next story. the white house press secretary speaking about the san bernardino shooting. calling it simply gun violence. listen to this. >> i have not asked him this question directly. something that someone has considered. it is not uncommon for the president after the aftermath to visit these communities that were touched so directly by an incident of gun violence. ashley: touched correctly by terrorism. your thoughts on mr. ernest choice of words. >> first of all, san bernardino or a couple of other incidents in the past decade in the united states, certainly that would be terrorism. there are other incidents.

planned parenthood, for example. there were three deaths instead of four. i do not have a problem. the federal officials are very clear that this was an act of terrorism. i do not date that josh earnest was saying anything different. all of the violence by guns and shootings do come under that generalization. san bernardino clearly was. ashley: gun control, in the wake of this. call it what it is. it is terrorism. the president would not even go there in till the fbi announced that it was an act of terrorism. when you say gun violence, another incident involving guns, which we need to control.

>> well, he was not referring to just sam bernadino. he was referring to, i think that he should, quite frankly. i think that he was speaking regarding all of the shootings. the president has not gone to every side of every mass shooting in the united states. this was an act of terrorism. i do not think he was saying anything different by that. ashley: should we call it islamic terror? where do you stand on that issue? >> well, one of the problems that i have and we are seeing this from white supremacist groups calling it a trump bump, and increased membership right now. demonizing a religion that is called islam. radical jihad. these radicals that are often in connection with groups like isis or al qaeda.

absolutely. i think it gets into dangerous territory when we link a religious name with these groups. are they radicalize? absolutely. are they murderers? absolutely. i do not think anyone of any religion would commit murder. every religion holds the 10 commandments to be true. thou shall not murder being one of them. muslims do believe in that as well. ashley: thank you so much. appreciate it. >> thank you. the american public. here is a new poll showing 57% of people opposed trumps immigration plans. bar rescue host joins us now. great to see you, john. does trump need to be rescued after these comments? >> there are two issues. one says demeaning language in the and the other is the core things that he said.

we know that jimmy cardinals -- jimmy carter stopped people coming from iran. there is a principle here. when you speak in and antagonistic way, here's the result. roughly, 41% of americans don't like what he says. 60% don't like the way he says it. 75% of democrats alike though way he says things. the way he says that and what he says is a difference. continuing to rescue the demeanor little bit. the great communicator. at this point, he is not. ashley: let's talk about should both a stock. norovirus, e. coli. how do they turn this around?

what message do they need to get out there and quickly? >> there is something called equity in a brand. you are putting this product in your stomach. people are sick. people who have not even gone they are getting sick did they have a serious issue. they have lost the public's trust. they have to build it back over a period of time. the way they handled this is almost professional education and risk management. ashley: so far, they have shut down some stores in the pacific northwest. how do you think they're handling it after now? >> i do not think that they are handling it aggressively. they are letting the marketplace leave the messaging. i would be identifying what the messages. i bring cameras into restaurants to show people procedures and cleanliness. i started to win it back. they are not doing that.

ashley: not directly their fall. should cheap or apps do have to do a better job of protecting their suppliers? >> absolutely. the handling of food at every second. the temperature it is at. it is easy to monitor suppliers. at the end of the day, it is your brand being her far more than there's. >> exactly. let's move on to mcdonald's. a favorite subject of stuart varney. breakfast. an all-time high on the stock market. has mcdonald managed to turn things around, john? >> the breakfast is a very important thing. look many years ago when they started breakfast. it is a start. we see how long it lasts. introducing more breakfast items and more restaurants.

they have egg mcmuffin dim sum, but not others. they have sausage in some, but not others. it is a great step forward. when you give the customer a choice, the operation can win. ashley: more of a restaurant style. >> it does. there is fast food in there as fast casual. two different segments. starting to step into the fast casual space. a $10 spend average compared to a $5 spend average. moving in that direction. about to increase their sales certainly. ashley: tell us about your programming. helping small businesses succeed. you call it virtual teaching. what can you do for small businesses? >> three years i have tried to

reinvent and train small business. that is my passion. i created this online program. asked you questions about your business. it is a really powerful way that i can try to bring my lessons to anybody at their business or at home. i am very excited about it. it is virtual teaching and we roll it out next month. ashley: what is the biggest mistake? >> self accountability. the fact of the matter is they have to take ownership of failure. mistakes. so they can correct them. if you blame your failure on somebody else, there is no reason to do something different tomorrow. ashley: maybe the president should listen to that. i digress. you surprised kids at st. jude's ranch for children with a $10,000 check. there you are. smiling. where does that money go? >> that money goes to st. jude's

ranch. a homeless facility. they are foster children. we created a program called the gift of giving. each kid was given $100 sent to the store with a chaperone. they had to buy a gift for themselves and for someone else. they learn, fun it is to shop for other people. the whole point of the program was to give to kids. their foster mother's and foster sisters. they lit up like light bulbs. it was terrific. i love children. anything to empower children is something that i love. i heard a st. jude's ranch. it is a great mission. once i looked in the eyes of those kids, it became a very long-term thing. ashley: that is terrific. we thank you for that. john, thank you as always. great advice. have a great weekend.

>> you to. ashley: money from selling black arkansas oil. we follow the money trail next. ♪ ght mouthbreathers. breathe right actually, knowing the kind of risk that you're comfortable so what abouwith,t stock? i'd steer clear. straight talk. multiplied by 13,000 financial advisors it's how edward jones makes sense of investing. 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? oui. i mean, yes.

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leadership matters. jeb bush. right to rise usa is responsible for the content of this message. ashley: one of the biggest questions surrounding isis is where their money comes from. russell wilson, you are the former ambassador to turkey. do you believe that report? >> there is no evidence that really supports that. the funding comes from the banks. and from the taxes and fees on the people, the 8 million people that live under this rule. it is a relatively small share. the oil that may be exported is a tiny share. ashley: russia claims that they have proof that isis is pumping

oil into turkey. that means only one thing. turkey is buying their oil. >> a great deal of concern. there were reports about one year ago. small scale pipelines along the turkish syrian border. not particularly obvious as they were local people. my information is that it is largely been brought to a halt. ashley: isis is selling its oil to the assad regime. maybe up to $40 million a month.

do you think that that is likely? is that a surprise to hear? >> basically, isis produces oil. what happens to that oil after that is another matter. i think it is quite plausible that the regime is buying significant quantities particularly from these middlemen. parts of syria that may be difficult for the syrian government to reinforce. definitely people who need oil. carrying on with something passing for a normal life here. the capability. tapping into an enormous amount of money. they have apparently looted faults in syria and iraq over a billion dollars worth.

it would be very hard, i would imagine to cut out that money supplier. >> i think the quantity that i have read many, many billions. required when isis took control. other cities with their banks, additional hundreds and hundreds of millions of dollars. that money is cash. it is not something that is easy to get one's hands on. it is tough to know where this stuff is. can you do more with the allies, as they are friends? >> a relationship with turkey. we have somewhat different

names. u.s. priority very much focus on isis. focused on theory up. if you do not solve the problem on theory a and eliminate isis, another type entity will come along. the most recent issues have to do with the border and efforts by officials in washington. trying to get them to take more effective action. ashley: ambassador was in, thank you very much for joining us today. more varney after this. ♪ ♪

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ashley: quick news alerts for you. the u.s. pregnancy rate has hit all time record lows. trish: it is interesting. basically, the birthrate for 2010 actually hitting, they are looking at the data, by the way. a record low. from 2010 to now, this past year hitting a record low. this is one survey.

81% of take. ashley: the low birthrate. that is not good news. an aging population. younger people coming in to maintain the social programs and so on. >> a lower teen birth rate. abortions at a record low. ashley: interesting stuff. forced to resign all because he said he agreed with donald trump's proposal that we halt muslim immigration. cheryl, what happened here? >> one of the board members called him late at night and said we want you to resign. i used to live. he gets a phone call. he is going public.

he has been on the news. ashley: now he is out. >> yeah, they want him out. ashley: a lot of political pressure. speaking out after being forced to resign. the first case where this has happened. cheryl: he said that a lot of them are being pressured as well. he is not the only one that thinks this way. a lot of political pressure. >> he agrees on muslim immigration. cheryl: a temporary ban. ashley: a better way to bed people coming in. >> yes. he came out in support of the governor of texas. that did not go so well. >> you are out of a job. thank you. we will have more varney right after this. ♪ the easy way or the hard way. you could choose a card that limits where you earn bonus cash back.

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why do you even back and forth with because theres no radicalism? but there are has been radicalism happening within the community for the last 25, 35 years and it's this theology of why. which is basically the fertilizer, and we know what fertilizer is made of radical. >> that was muslims for progressive values on her mission to combat the extremist ideology. now onto -- let's see what viewers had to say about facebook about isis looting up to a billion dollars from bank valuates in syria and iraq. michael says this is the legacy of the worst president in u.s. history. obama is enabling radical islam terrorists and putting america at risk. that's michael. now, people better wake up and how much they value their freedom and future if another democrat is elected with we're in a world of hurt. another place in a world of

hurt, the dow off exactly 250 points, we've been there pretty much since the opening bell and the story again is oil falling below $46 a barrel, that's putting a lot of downward pressure on the market. how low will it go? let's go to neil cavuto. take it away,. neil: thank you. the give-and-take on oil, although the consensus seems for average folks like you and me, oil prices go down, gas goes down, we're looking at gas that can get to a buck, $1.85 a gallon, and that's good news. unfortunately, -- with this continuing a lot of these oil and i'll service related companies, they're laying off a lot of people, it just went over 100,000 in this the last week and expect that to get worse and to make matters worse, these same premier players are very big in