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tv   Varney Company  FOX Business  April 4, 2016 9:00am-12:01pm EDT

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maria: three. >> seven. let me know when you catch up. dagen: come on. you are killing me. five. i'm not bad. i've got six. >> let me know when you catch a good maria: 30 seconds. seven. we've got to go. antoine walker. give me a high five. not bad. thank you so much for joining us. over to you, stuart. >> i want to do cricket tomorrow. what is wrong with that? good morning, maria and good morning, everyone. the british prime minister's late father. a long list of world leaders and their families caught up in a massive tax haven scandal. big names, big money, 11 million
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documents late. repercussions have started and we are on it. investment advice from donald trump. he says stay away from dogs and a very massive recession is on the way. stops will be up again, but remember that dallas on a roll. it's approaching an all-time record high. it is a cascade of news. the wisconsin primary, cruised in vendors narrowly beat tomorrow. they may be perhaps a of iranian weapons and up pops donald trump again. he says the hedge fund guys who pay taxes. it is monday. the news bursting out all over. "varney & company" is about to begin. that massive document leak.
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now being called the panama papers. they moved with lightning speed and social media. numerous world leaders and their families embarrassed by revelations about the money they keep off shoring tax havens. they didn't want you to know, but it's up there now. what a shakeout. judge napolitano is here. without going to the legality of this, i see this as the biggest challenge to the trillion dollars offshore tax haven industry from the swiss bank secrecy laws were changed. >> i think you're probably right, stuart. the ability to use offshore tax havens to shelter income from taxes is lawful. it's awful because the united states the congress has decided it's lawful. when people rant and rave against us, they are ranting and raving against people doing what the law allows. oliver wendell holmes, great supreme court judge says no one should pay a nickel more in taxes than they owe and in
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america, we decided the irs can challenge us, but we decide what we have. having said that, some of these people have themselves been ranting and raving against bavaria dvd that day in their family members have apparently not been exposed having done. stuart: in particular, china's leader -- >> that's a very serious situation. people are executed in china for acts of corruption, not nearly as serious as this. stuart: the prime minister of iceland may have to step down this week because of revelation in the panama papers about him keeping money and not sure account in the middle of the crash. >> correct. i've parliamentary procedure as a snap vote this afternoon of no confidence with no notice whatsoever. stuart: you see judge, a the parliamentary democracy because of a constitution.
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i have yet to see an american name, a prominent american name in these documents. i've not gone to 11 million of them is a mac i think of a prominent american name is ever would've known it by now. the same people to recognize vladimir putin and david cameron and the president of china. stuart: but they sum up the legality. you can have an offshore tax haven account so long as he reported to the irs and report any income that flows into that account. >> yes. if you use the offshore account consistent with american law and irs regulations, you are fine. if you use the offshore account to avoid taxes, you're fine. if you see him sure account to evade taxes, engaged in criminal activity. stuart: you will be back in the 11:00 hour to discuss the light filler clip and allegedly told chuck todd yesterday. >> i meet the press yesterday.
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there are many. stuart: thank you on the judge. we appreciate it. roughly 200 points are in the dow -- about 200 points from 18,000. roughly 500 points in a all-time high. that is how we start trading this morning. pretty much flat but close to record territory. there's some news for you. thirty-six dollars a barrel. the iran oil minister or reject and saudi arabia's call for a curb on production. it's a standoff between the two are neither will cut within a production. the supply glut goes on, oil down to $36 a barrel. tesla going to go up again today. it's received $10 billion worth of orders, pre-for the model three. that took two days to get there. 276,000 model threes pre-ordered. i want to get into this one. investment advice from donald trump.
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i'm all ears. his morning of a massive -- no, a very, very massive recession. he said this in an interview with the washing and post. i'm talking about it double where you go to be very massive recession. joining us now, steven ginsberg, "washington post" senior politics editor. did trump explain any of his predictions in the interview? >> he went into some detail about it, but it was much more of a prediction and explanation. as you just reported the stock market was at an all-time high and is going the other way saying it's terrible time to invest. stuart: did you guys think it was an off-the-cuff remark? >> no. he was quite serious about it. he said some things about a bubble before. this was going much further than not. this close to being a party nominee.
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and to advise americans not to invest in the stock market. i don't get something off the cuff. the something he believes. stuart: the "washington post" is no friend of donald trump, who wanted your editorial department make of the interview? >> that's a good question. i haven't talked to them about it. they have their own interview a week ago now where he said some pretty revealing things about one as well. >> or the political editor. do you think that remark will massive recession and steer clear of stock because the market is overvalued. do you think that's an extreme position? >> is very unusual. in his position to make that kind of remark. he's making it against what most mainstream economists believe -- most people believe the economy is doing pretty well. nothing amazing but the stock market is going well. he sees all different kind of
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economy. a particularly gloomy view of it. stuart: he is not the odd guy out, but he's the guy who pushes for the headline, pushes for the dramatic statement in doing so often reveals a glimmer of truth. would you agree with that? >> in some cases, yes. he's obviously willing to say a lot of things other people are going to say. and that you find a lot of truth. our interview with him was 96 minute long and is tangential at almost every point. and most around quite a lot. if you read through the whole thing you see a lot of truth in there. stuart: i know you're heavily involved in politics if this is a financial program. the thank you and dave for giving us a financial headline. steven ginsberg, "washington post." come again soon. we appreciate you being here. hold on. more on trump. he is admitting that reset to an unflattering photo of heidi cruz was a mistake and he would not
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do it again even if given the opportunity. listen to this. >> any evidence that he knew about the attack by the super pac. >> the evidence to settle common sense. he knew those people. they were 100% for them. they coordinated together. i have no doubt about it. he did that attack. >> even if he did, was it worth it? >> i would say probably not if i had it to do again i would've sent it. i didn't think it was particularly bad, but i when i sent it. this was a response. stuart: wisconsin votes tomorrow and according to real clear politics, ted cruz hold a six-point lead over term. this is an average of all polls. kirsten haglund is with us. i can't remember donald trump apologizing in no way are retreating in any way before. >> no, he hasn't.
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he has come back with a similar defense he just gave saying i would never done it. it wasn't necessarily an apology. he wasn't apologizing to heidi cruz or mend relationships with women disturbed because of that and he didn't think it was particularly bad. stuart: did you? >> yes, of course. we shouldn't be compared wise. it's gross. it's not classy in any way, shape or form. not what we want the president doing. is he going to actually want these statements back? he says i don't think it was particularly bad. come on, donald. stuart: donald trump's wife will join him on the campaign trail in wisconsin today. sounds like a deliberate move to maybe put yourself back in the good graces of women voters. >> absolutely. definitely an apology to her. his poll numbers among women are dropping. wisconsin will be a result of
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that. i would love to see ipad cow. i really respect her. she has an incredible business, is a family woman. he needs those women surrounded him on the campaign trail. stuart: do you think it would work, taken as wife out there making statements? do you think a work set out to get them back in the good graces of women? reading between the lines you don't and it's going to work. >> i don't know. i don't think the long-term because he's facing hillary in the general election. he said so many things that have made women he standoffish. if he gets more women it will help a little bit. in the long run it will solve the problem. stuart: you've been remarkably quiet. just hold on, ladies. more for you in just a moment. i am told this is a big story. the baseball season. it has begun again. kansas city royals and the mets. listen to this. the tickets to see back in with
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the most expensive for an opening day in history. the median price on the secondary market for scalpers. $252 per ticket. that is the median price. that concludes our baseball coverage for this hour. next come the video from outside a trump rather wisconsin. antitrust protesters trampling on the american plane. at ally bank, no branches equals great rates. it's a fact. kind of like grandkids equals free tech support. oh, look at you, so great to see you! none of this works. come on in. spending the day with my niece. that make me smile. i don't use super poligrip for hold, because my dentures fit well. before those little pieces would get in between my dentures
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stuart: we bring you this video from outside a trump rally in west allis, wisconsin. you can see what they're doing. a group of leftist protesters trampling on, standing on, abusing the american flag. republican from new york. i say that was deliberately provocative. i think it was designed to provoke violence at a trump rally so that the left could say i see what happens at a trump rally. followed by the people. i think that's what's going on.
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>> i would say it doesn't get too much more provocative than that as far as trying to incite a reaction because i am sure the rally was filled with people going into it who would be a reach for that activity. i'm someone who served on active duty. i still serve in the army reserves. i've met triple amputees who have lost limbs in order protect our freedoms and liberties fighting for that flag. i have met families, parents, brothers, sisters, sons and daughters who lost their loved one in combat. this outrageous and definitely provocative. stuart: i think it will bounce back in favor of trout. you are not necessarily trump supporter. an activity like that when the world will see that kind of thing on camera, i suspect that encourages support for trump if anything. >> absolutely. i'm sure it only fires up all the people at the rally or watching the video at home. i have been endorsed anybody for
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president, but the fact is whoever our nominee is against hillary clinton, we have to do everything we can to make sure the person gets elected for people all around the country looking for a reason to come vote this november. this is what we're up against. the contrast between republicrepublic ans and democrats, the right and the left. we go overseas, fight for freedoms and liberties. republicans and democrats in our military. the fact is those getting active in the american process. you don't see conservatives stomping on american flag. stuart: are you comfortable with the current state of play of the republican party because it is obviously split daytime. you've got to be uncomfortable with that. >> well, i feel like we're getting close to the end of the process in the primaries over here at the end of june. there might be a lot more clarity as to who the nominee is before then. it's not going to go further
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than the convention in july. this is a process that started well over her year ago. knowing the fact we are closer to clarity on that way with the nominee is, i'm not as turned anymore. stuart: it really is a very open debate within the republican party. there's something good about that. >> asked in a very thorough vetting of the show that started at a dozen and a half candidate. so many different debates. candidates spend their entire day in public answering questions from the geologic media interviews, answering tough questions that may not be covered. every single thing a candidate says on every sensitive issue and what gets the most attention might be some need slightly off-topic on substance. the fact is all three of the remaining republican candidates spend their entire day talking about substantive solution should of america forward a few
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treasured a contested convention of ultra- loses tomorrow. congressman leaves all that, thanks much indeed, sir. you can say with trump heavy on the show, a very early going this morning. another example of what we call a trump shooting this time on the college campus. trump supporter is afraid to show that they are for trump. their views suppressed. deal with that mess. first, the dow industrial average, will happen this week, next week, today? more "varney" after this. ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands
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show show me more like this. s. show me "previously watched." what's recommended for me. x1 makes it easy to find what blows you away. call or go online and switch to x1. only with xfinity. show show me more like this. s. show me "previously watched." what's recommended for me.
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x1 makes it easy to find what blows you away. call or go online and switch to x1. only with xfinity. stuart: okay, donald trump. let's see now, going back to him. another example a trump shame it takes place on a college campus. we are talking and are talking nyu. students are afraid to express their opinion, afraid to say we support donald trump. one student was accosted because he supports trump. cal state university, a mural shows the american flag upside down. a border issue with things. that is protected. that is free speech. kirsten haglund, it appears to me appears to be the left has free speech, but the right does not have free speech. >> what the definition of
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tolerance. it seems tolerance is supposed to be where we cannot opposing views to respect one another and allow the person to have free speech. it seems like more liberal values while tolerating opinion except the ones that disagree with us. this nearly as free speech and even if it is something we hear think it's despicable, industries beach. you counter speech you don't like with more speech. you cannot have more speech on college campuses. that is being shaped at the young age. stuart: one in five of the faculty members of the social science department are a marxist, itself or fast marxists. not really left of center. no, a marxist. granted, the survey was taken 10 years ago. i have no reason to believe it is changed. i think it's probably got worse. >> operably. only 3% of professors are conservative. i was a poly side major. i found the one conservative professor.
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he was my advisor, incredible, but he didn't wear it on a slave. he always based his argument and reason, not emotion. more conservatives should get involved in academia. it would be like ninja conservatives so they can influence kids. stuart: list is going to speak. liz: students wanted new blasphemy law. they have a right to not be offended. that's what they're teaching. stuart: saved it until late that it was good. but markets on a roll. maybe we had 18,000 on the dow. we are not that far away. high-speed police chase. you are looking at nature wildlife. on the run in san francisco running across the bay bridge, shutting down traffic, by the way. police try to catch up with it. try to bring it to safety. took five tries before eventually they got it. stuart: god bless america.
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stuart: it ended happily, by the way. we covered everything. i defy you to say otherwise. ♪ the pursuit of healthier. it begins from the second we're born. because, healthier doesn't happen all by itself.
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>> it's monday morning and we've got about 15 seconds to go before we start trading this week. we're going to open ever so slightly lower. bottom line pretty much flat. you've got to remember, this dow industrials, they've been on a roll. we're getting close to 18,000. only a few hundred points away from an all-time high. all right, 9:30, off we go. we're running at 17, 792 and we're down seven points in the very, very early going. here is jo ling kent, liz macdonald, scott shellady, keith fitz, all of them to figure out what's going on with the market. i say the market is on a roll. 200 points away from 18k. keith, when are we going to get to 18,000? >> i tell you what, we were joking about it last week, i said wednesday, 10:30 in the morning. that feels about right. stuart: we are going to get there fairly soon, right? >> i do. i think finally the energy is there. people are more accustomed to
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it in central bankers ability to manipulate the economy. i use that manipulate. stuart: you're not going to like that about central bankers, are you, scott? >> no, we're celebrating the move to 18,000 which i think we should be concerned about the move to 18,000, because if anybody can tell you it's no been on the back of basically free money for the last seven years, that's fueled the market not the economy. maybe 10% of the economy because we're not as bad as anybody else. the other 90% is free money. we should be concerned, not celebrating that. stuart: i've got donald trump over the weekend predicting a very massive recession. but i think, keith, you already say that we're in a recession, isn't that what you've been saying? >> well, yeah, i do think we're there because the economy is measured using techniques and measures that really were developed 120 years ago for an industrial base. we're not an industrial base anymore, we're a consulting
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services base. a lot of value added that's not captured in the data. this is why the fed can't-- and why washington is holding onto the steering wheel out the window for an economy that we no longer have. stuart: trump did say steer clear of the stock market, it's overvalued, i think that's his expression. are you going to take some advice from donald trump. >> if you take some advice from him over the last 40 years. but the sign that the end of the world is coming, 1.77%, last week, ireland floated a 100 year bond at 2.35%. they don't think there's going to be inflation in ireland for 1 is00-- 100 years. we're in unprecedented times and we can't use the old methods. stuart: it hard to keep that in mind when the dow is 18,000 and
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rolling as we are. it's hard to keep that in mind. look at the price of gold. it had a fantastic first quarter. that's up until the end of march, of course. we're at 12.22. the real commodities story, it's oil. the iranian oil minister says he's rejecting the calls from the saudies to curb production. it's a standoff, basically, right, scott, between the iranians and saudis. neither will freeze production or cut production. >> no, they're not. like i said, i still think that the saudies want to be wal-mart of oil and willing to keep the price low and hurt themselves as long as they take out their competition and that's the case going forward. they're going to keep it as low to keep it. but the u.s., we recover. it will hurt our industry and economy, but at the end of the day, saudi arabia wants to be the wal-mart of oil, the tact that they're taking. stuart: oil down slightly at 36. the dow down slightly 17, 785.
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consumer names, mcdonald's, 127. remember, it's up 32% in the last 52 weeks. coca-cola up 15% in the past 52 weeks. down a fraction this morning. nike up 23% since april of last year, down a fraction today. don't forget facebook, that's up 42% since last april. hough, we've got reports of oculus delivery problems and that's the virtual reality headset. a parts shortage, joe, is that the story on facebook? >> yeah, it looks like they had such an enthusiastic response they weren't ready for it and so what happened, there are parts that aren't quite ready to go. so they are delayed. so what you have here is, early adopters not too happen, the stock is down 1.8%. >> still, that's about 4 points, 3 points away from an all-time record high. it's still up there.
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jo: still doing well on lots of other good news. stuart: lots of big names that we check every day. let's do that now. apple, netflix, microsoft and google. depende gently, please. apple is up a fraction and up 110 on apple. netflix, 104. alphabet, google, 768. look at amazon again in particular. the reason i'm calling this, close to 600 bucks again. jeff bezos' space company called blue origin successfully, a rocket went off and the rocket came down again. does that make it -- i guess that's a reusable rocket. jo: the idea is to bring down prices so more satellites go to space and research projects. stuart: hold on, are they going to introduce space tourism for the masses? >> at this point there is no specific mission to do so, but, of course, the race to mars is
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a very big, competitive space right now. you can't forget that we're also looking at virgin galactic and also elon musk and spacex. the rocket you're seeing is called the new shepherd, it happened over west texas. stuart: west texas, anything to add, liz? >> yeah, sorry at that talk. bezos, you don't want to get too far ahead of your skis putting people on these. but he wants in the future paying astronauts. stuart: here is a guy with $40 billion, one of the those wicked billionaires and doing something, really, really good with his money liz: and a fight between two billionaires, musk and bezos. stuart: i wonder what bernie sanders has to say about that liz: we'll bring you the development as it comes. stuart: here is a development, alaska air buying virgin america, this is an all cash deal. liz, i don't know why sir richard branson wanted to sell, but tell me how much he makes.
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>> it's sort of like the comedian jerry seinfeld went to lead at the top. the stock has almost doubled its ipo price. only profitable two years ago. the first flight was in 2007. so he could make nearly half a billion dollars selling this right now, richard branson. stuart: i thought he might make more. if you're a frequent flyer on alaska air, what do you make of this deal? >> i'm excited about it. i know both airlines and i know richard branson, he's an intelligent guy and he's going to go on and do something interesting with his money. stuart: so far on the show we've been trump centric. we're going to do this because donald trump says something about this liz: he says i don't like mergers without competition. if we don't have competition, the merger would make it the number five airline and a
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displaced jetblue. stuart: i think it's a great idea. and play that music. [organ music] >> we have someone on death watch, down another 36%. there's preparation for you. nicole, what's going on? nicole: this is brutal. if you've got a quarter you can you can buy a share of this stock because basically it goes down. a 10 billion dollar company over the summer, 87 million. this could be the one of the largest collapses in recent history. sunedson filing for bankruptcy, a yield company. terraform global suing them for breach of contract. and propping things up to make things look better than they were. a sec investigation, much of the same thing that it made it look like more to investors while the stock is tanking. so, it's really, overall, this is obviously detrimental and
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facing bankruptcy. stuart: is this a solar company? >> it's a solar company. stuart: it's a solar company, worth $10 billion in the summer and $80 million now. a crash. and tesla, they've got $10 billion worth of orders from a model 3 the last couple of days. last number i heard, jo, they got 276,000 orders. >> that's the latest from elon musk, but the intake of money could be 11.6 billion based off of the average price of a model 3. they start at 35k, but musk said the average price is actually going to be $42,000 when all is said and done. you do the math times $275,000, you get 11.6 billion dollars on its way to the bank, but right now, of course, most people only put down the $1,000 deposit sight unseen this car. stuart: that's cash flow in the future. >> cash flow in the future. you can see it's pushing tesla stock up. in the premarket it was up--
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>> keith, what do you make of tesla and the model 3 and all the fallout from it? >> i like it a lot because it's innovative, it's doing things that detroit can't or won't. it's turned the automobile industry on its ear. i think it's the future of automobiles and musk is one of the most innovative in the business. stuart: you'd buy the stock at this level? >> if you have a long-term perspective and let it sit for a while. if you're a short term trader, it's a little toppish. stuart: scott, you hate solar stocks, don't you? >> yeah, i mean, shame on them. who could have seen oil going from $100 a barrel to $30 a barrel. i think that hurts as well. the whole energy sector got hurt. ultimately at the end of the day, no, i don't like them. as far as elon musk, i like what he's doing, but this is a great pt barnum ploy. there's a lot of free advertising. you put down $1,000 to save your place in line and maybe
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they sell that place in line after new things come on board, too, you're locking yourself in. what if somebody comes up with something better. i think that's another thing to talk about. stuart: it's an option, basically, is what it is. we're now 11 minutes into the trading session, we're off and running this monday morning and the dow industrials are off 20 odd points, 17-7 where we are. greece is starting to send migrants back to turkey. europe in deep trouble with this one. what does it mean for us? that's the question, what does the migrant problem mean for us. we'll ask him about the fate of our nuclear deal with iran after the u.s. navy busts iranian ships seizing all kinds of weapons.
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>> we're off and runningen 0-- running on a monday morning. the supreme court says wells fargo has to pay up. this is the 203 million dollar class action judgment. remember, it was accused, wells fargo accused of imposing excessive overdraft fees on checking account customers, pay up say the justices. the u.s. navy busted iranian ships related to weapons bound for yemen. the bust took place in the arabian sea. it's the third by western forces. ralph peters is with us this morning. what do you make of this? it was just ak-47's, small arms basically, but it seems to run counter to the whole spirit of the iran nuke deal, doesn't it? >> well, it certainly does.
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but iran is trying to become the regional henchman. they're building out an empire. it's great that the u.s. navy stopped this particular shipment, 2000, 20 machine guns, 200 anti-tank. and they support those fighting the saudies, but it's small. at the end of the day, the iranians are probably buying chinese surplus for $30 $40 apiece. do the math, we do the billions and the president came around on friday and said iranians while they were obeying the letter of the deal, but not obeying the spirit. that's because kerry didn't get the right stuff in the contract, in the letter. the iranians are feeling their
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oats, but we could seize a dollar such shipments and wouldn't wipe out the humiliation of letting them take our sailors, use them for propaganda and turn them loose. stuart: the iran deal is a rotten deal not good for us. >> one of the worst deals in history. stuart: i agree with you there. next one, how about the migrant deal in europe. and migrants are put on boats in greece and returned to turkey about 200 of them, but it looks like that whole deal, the turkish migrant deal is just falling to pieces. europe is really suffering from this and i want to know what does that mean for us in america? >> well, what it means for us is that europe is going to be preoccupied with internal issues for the forseeable future and beyond the forseeable future. putin is gloating and he's having a great time and helping
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to generate the refugees because he likes anything that sews discord within the european union and by extension, within nato. it isolates the u.s. in the sense that with europe able to provide even less support for our global initiatives, we have to do more ourselves. so, this whole deal, the whole goldberg deal with the turks, one, it's too complex. the repatriation, it's a bureaucrats deal and an executives nightmare. it's much too much as europe looks at the very, very bad behavior and three-- go ahead. stuart: are they going to come here? is president obama going to come in as a humanitarian gesture? >> he's trying to do that, but fortunately our system has checks and balances. people clean that washington never gets anything done or so slow. one of the great things our
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founding fathers did was create a system where a president can't act in a dictatorial matter. i don't see a great effect on your immigration here. europe is going to be troubled for a long time and by the way, this deal is really germany's deal. most nations don't want any part of it, don't want any middle eastern migrants and one good they think-- thing, i was going to say they're beginning to differentiate between refugees and young thugank you. and i want to get back to the massive data leak. some of the world's elite hide their money in tax havens. more details, jo, just breaking. jo: yeah, we're getting reaction to this, calling for the impeachment for president poroshenko for the leaks found in the papers.
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and president putin has not been named, but his associates have been shown to have potentially laundered $2 billion. the russian government there responded saying the documents are targeting their upcoming elections and not looking at the off shore liz: and former heads of states and people associated with heads of state. >> it's not just heads of state, it's big celebrities and sports people as well. soccer star messi of barcelona, also. stuart: i've got five stocks, coke, travelers, home depot, and that's not bad. cleveland indians no longer using their mascot as their primary logo. political correctness won this. she says an unborn child,
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unborn person is what she says, has no constitutional rights. t selling some of it. my dad gave me those shares, you know. he ran that company. i get it. but you know i think you own too much. gotta manage your risk. and you've gotta switch to decaf. an honest opinion, even if you disagree. with 13,000 financial advisors, it's how edward jones makes sense of investing.
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anywhere in the country. [ male announcer ] join the millions of people who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you in out-of-pocket medical costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now - and down the road. i have a lifetime of experience. so i know how important that is. >> hillary clinton on abortion in the debates. a controversial statement of her own. roll tape. >> here i was currently, and
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that is not something that exists. the -- the unborn person doesn't have constitutional rights. now, that doesn't mean that we don't do everything we possibly can in the vast majority of instances to, you know, help a mother who is carrying a child. stuart: all right, the unborn person doesn't have constitutional rights, a little expression i picked out there. robert jeffers is with us. and comes from a mega church in texas. welcome to the program again. what's your take on the wording that you just heard there from hillary clinton? >> you know, that was a strange comment. she said in that same clip that government had a responsibility to help women keep their unborn children healthy. i guess, that's until they want to kill them through abortion. look, stuart,this is part of the abortion conundrum for people like hillary clinton. if a baby is a person deserving
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protection five seconds after he's born. when does he suddenly become a nonperson, five seconds before he's born? a month, a day? when does that happen? you know, i think about ronald reagan's comment, have you noticed that everyone who is for abortion has already been born. stuart: okay. where do you think it leaves her and her standing as the candidate? what i'm really asking about is has public opinion shifted? >> well, listen, i believe the public opinion and there's poll after poll that shows this, more and more people are pro-life. they believe what the bible has taught for thousands of years and that is that life begins in the womb. this is a religious view of millions of people. and by the way, hillary clinton understands that. one year ago at the women of the world summit, she said for women to have unfettered access to abortion, quote, the deeply seated religious beliefs of
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people will have to be changed. hillary clinton wants to change the religious beliefs of millions of people in this country and around the world, nasa chilling thought. stuart: robert, donald trump did come out over the weekend and say the law should not be changed on abortion. leave it where it is. >> well, he -- look, i've had many conversations with mr. trump about this, one-on-one. he's clear and he clarified, he says the law is settled for now and it is, but he wants to appoint nominees to the supreme court like antonin scalia. stuart: appreciate it. >> thanks, stuart. stuart: donald trump says he's going to change his tone and be more presidential and geraldo rivera on that at the top of the hour and trump enlists his wife melania to campaign for him, with him. will that help with the female vote?
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varney two seconds away.
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>> it is 7:00 on the west coast. 9:00 in wisconsin, which votes tomorrow. and donald trump says he's changing his tone. he will be more presidential, he says. he's sending his wife melania onto the campaign trial and he's going to campaign with her courting the woman's vote. that's a pretty good question, i'd say. and outside a trump rally, some stomped on the flag and they're being controversial. people leaving the golden state is the highest in a decade. wake up. hour two, "varney & company" starts now. ♪ >> the tone does matter. i get criticized by jeb bush, i don't like his tone.
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in the meantime he's gone and i said my tone is going to change as soon as i win the victory. i want to win and i will be so presidential. >> what does it mean to be more presidential. >> it means not to be so aggressive. stuart: donald telling greta he'll change his tone and become more presidential. look who is here. geraldo rivera. i constantly change my tune. on monday a different tune. stuart: do you think he can do it? >> timing is everything in life. i think the headline is if the wisconsin primary was last week, donald trump definitely would have lost. but i think with that appearance on greta and some of the other tv appearances, and some of his modified mea culpa's in the days since the abortion catastrophe and some of the other things that he said, i think he has regained the momentum. part of it is is this tone stuff, but i also think that he's modified some of the most extreme positions that he initially took last week, like
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women being punished for abortion, for example, and i think it's possible that an upset is in the making and tomorrow you'll see donald trump seal the deal. if he wins wisconsin tomorrow. stuart: if he wins. >> and i think he might pull it out. the polls i saw as of yesterday. i didn't see the morning-- >> real clear politics showing he's 6 points behind ted cruz, the real clear average of all the polls done beforehand. but you think he's coming on strong and could do this? >> i think in the last 48 hours he's made up a lot of what he's lost last week. stuart: you're not a trump guy? >> i am -- i like him very much as a person. i consider him a friend of mine. i care about his family, our children go to school together and things of that nature. his politics, obviously are ant antethema to what i stand for,
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but he could win tomorrow. stuart: do you think he changes his tone? do you think he's capable of doing it? one little provocation and-- >> it's kind of like me, when you push me, i push back. trump has that sensibility and it's obvious to all who have been watching this extraordinary process since last june. the difficulty for him to convince the american people and world at large, he won't be thin-skinned with the world's top military. stuart: i'm intrigued by your opinion that he could seal the deal tomorrow, that's fascinating. thank you for taking time out to come on the show. don't be such a stranger. the big board, we're up flat. up 1/2 point, 17,794. monday morning, 33 minutes into
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the trading session for the week. coca-cola, travelers, home dep depot, mcdonald's. they're the ones hitting lifetime highs today. how about oil, the iranian oil minister rejecting a call from saudi arabia to curb production. it's a standoff between the two. neither side is going to cut production or freeze it. nonetheless, oil right there at $37 a barrel. back to donald trump. i mean, he has swamped this program today. he says a massive recession is coming. do not buy stocks. investment advice from donald trump. what do you make of that, liz? >> he's speaking to his base. it's clear he's, you know, harry dent if he's watching would love this. i don't think there's a tech-- or rather a bubble about to blow. why? stocks are reasonably valued. he says they're not way
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overvalued. stuart: he says they're way overvalued. >> that's wrong. they're not certainly in the area-- >> ap it's 17-8. >> presidential candidates usually shy away from this, they don't want to talk down the stock market. i don't know how this fits in with the make america great, if you say the market is going to blow up. stuart: that's him, make a statement different from everybody else. 17-8 on the dow industrials right now. next case, protesters outside a donald trump rally seen on video stomping on the american flag. geraldo, i didn't mean to dismiss you moments ago, i think that's a huge provocation and a deliberate provocation, get some violence at a trump rally. that's what they're up to. >> part of the rebound of donald trump is the acknowledgment now and the
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widespread knowledge that the people who have been here tofore, to be provocatures. to go specifically to incite violence and like in the nba, you didn't see the first hit, you see the second hit and see the trump people hit back and say look how violent the trump people are. >> we know they're trouble makers and they occupy crowds, the black lives matter crowd and they go there specifically to get a headline and this, with the flag, specifically, having been in afghanistan and iraq, as often as i have, i see this as sickening. stuart: i'm a newly minted american, and i don't want to use that much more on this program quite frankly. i think that could rebound and produce more support for donald trump. >> i understand now some of the people attending his rally,
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nobody is being thrown out, they're vetting the crowd more, which is something i advised. stuart: all right, geraldo, didn't mean to dismiss you. and a huge story, a massive leak of documents exposed many current and former world leaders as having or shore accounts. vladimir putin, bashar al-assad, xijinping. al qaddafi. >> you're right, stuart, we're not sure to the extent will are americans involved. stuart: i don't see an american name. i haven't seen one either. what's to know is that the territorial reach is very broad. as relates to anti-bribery and anti-corruption are broad.
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there are three ways the federal government can come after people. stuart: i think they'll go after it, it's the biggest attack on the tax shelter industry. it's a trillion dollar industry. >> this leaking of 11 million documents, this is the biggest thing against the tax havens that i've seen in many, many years. >> i don't disagree with you. we saw 2009, the irs started to crack down and there was a period whereby you could come forward and sort of explain to the irs and sort of come clean to the irs, there are anti-bribery and anti-money laundering, hsbc, a penalty to the department of justice. not doing due diligence and-- >> couldn't american authorities say, shut down the cayman islands or some pacific atoll? >> no, these are sovereign
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states and many are legal not only under u.s. law, but laws of sovereign nations. stuart: that hot money, maybe the drug dealing money, it's safe, but it's an embarrassment for the political leader back home. >> and we've looked at diplomacy, many ways that america can correct the behavior. stuart: the americans? a green card or something or-- >> i do have a green card and my paper is underway for citizenship. i know you're a recent citizenship, i'm joining and pleased to be. stuart: you're from new zealand? >> a kiwi. stuart: department of defense announcing they have transferred two libyan prisoners to senegal. is this gitmo related? >> yes, two libyan prisoners in
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guantanamo bay, and secretary of state kerry is adding to this that the u.s. is taking all possible steps to reduce that population at guantanamo to close the facility. what they're calling a responsible manner. just so you know, 89 detainees remain icht aren't they the worst of the worst, the ones still there liz: they're hard core. >> i totally disagree. stuart: what? >> these have been people who have been since 2001. one was the driver of-- >> that means they've changed ideology. >> if they haven't been harshly radicalized. no one knows if they're guilty. and now they were put there from hearsay evidence. >> from one out of auto to one-- >> 350 million now to keep 89 people. and soon per capita, what will it be, a couple million-- >> and here in the united states, radicalized-- >> as if these people will
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change the reality, the harsh reality of our super max prisons. geraldo, instead of droning these terrorists overseas we should bring them and put them in gitmo. >> i'm all for droning the leaders of al qaeda, al muse rah, isis and look up and every time they see a cloud, fear it's an american drone with a missile attached. this is war. but these people are 2001-- >> and to have the soldiers fight the same enemy twice? >> and try them and put them in a super max prison six stories under. what does cuba have to do with american justice or the persecution of an american war? it is preposterous, it's political and nothing-- >> here we go. stuart: he got his digs in there, all right, geraldo, unfortunately we're coming up on a hard break. and the kiwi is staying out of it.
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>> i'm staying out of it. >> new zealand is fabulous. stuart: now this, u.s. navy busts iranians ships, the third bust in the past month. they're not sophisticated by any means. >> yeah, there are 600, ak-47's, grenade launchers, and this happened in the arabian sea and the houthi rebels in yemen and also isis trying to get a food hold in yemen. >> saudi arabia. stuart: it's not part of the nuke deal, but it goes way against the whole spirit of the nuke deal with iran. >> this is the third time it's happened and administration is backpedalling, iran is going to the letter of the law not the spirit of the law. stuart: california, people, leaving the former golden state in droves, going to texas.
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and we are very heavy on donald trump today. here is another reason why. it says he's not willing to rule out a third party run. a congressman backing trump, will he still support him if he doesn't run as a republican? thousands of people came out today to run the race for retirement. so we asked them... are you completely prepared for retirement? okay, mostly prepared? could you save 1% more of your income? it doesn't sound like much, but saving an additional 1% now, could make a big difference over time. i'm going to be even better about saving. you can do it, it helps in the long run. prudential bring your challenges
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>> this is a successful rocket test by jeff bezos' blue origins. it looks like bezos may be beating elon musk. >> he has actually said and i want to point out a clarification from earlier that he believes that this rock could start taking tourists to space by 2018, more rides up and down into space. stuart: really? . jo: they're pushing innovation, both musk and branson and bezos here. stuart: the year after next. ashley: would you go? >> yes, i would.
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jo: me, too, see you there. stuart: check the big board, we're down 13 points, still a couple hundred points away from 18,000. take a look at time warner. we're looking at the so-called barron's bounce. the stock was recommended in barron's over the weekend and up she goes this morning. that's over 1%. jack howe is here. barron's says it's going up more. >> the company had a lousy year last year with movies. warner brothers had solid profit growth. what people don't realize about this, they made revenue from tv production, and hit shows from networks, "big bang theory", "gossip, and the media companies, they nt with a to talk about the movie in the theater. batman and superman for time waerp.
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and disney, they want to talk about one ride. and the management championship of basketball, the first time ever on cable tv. earnings growth was a lot more than credit. and it's a good deal. >> i want to deal with this fast. brookfield, that's an asset management company. one guy in barron's says this thing is really going to tank. he said that, didn't he? >> his story deals with some questionable values placed on their assets. you can look at-- >> you can look at a related company and find similar assets in the way they're valued at independent other companies and it seems that some of the companies values are a little ambitious and that releases extra earnings to the parent, it makes earnings look harder than they should be. >> the guy who is going to get brookfield is the guy is today's-- >> bill alfred special liciizsp
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all right, donald trump, we're back, donald trump, he says he would rule out a third party run if he doesn't get the nomination, roll that tape. >> are you ruling out running as an independent third party candidate? >> are you ruling that out? >> look, i'm by far the frontrunner as a republican. i want to run as a republican. i would beat hillary clinton. >> if you don't get the nomination? >> we are going to see how i was treated. i'll see how i was treated, very simple. >> you're not ruling it out? >> it's not a question of win or lose. it's a question of treatment. i want to be treated fairly. stuart: i want to be treated fairly, i won't rule out a third party run. and welcome in a trump support. congressman, would you still support him if he is a third party candidate? >> hopefully we don't see that happen, stuart. this is a situation where, as mr. trump said, he's clearly
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the front runner, he's won the most base and most popular vote. if the convention does its job right, he should be the nominee. stuart: so, what about the answer to the question? if he does-- >> the answer to the question. stuart: you can't support him, you're a member of the republican party and a republican congressman, you can't support a third party guy if it's not your candidate, can you? >> i'm going to support the republican nominee and that's what republicans within the party should do, but the people within the party need to listen to what the people are saying and they're saying that they want donald trump to be the nominee. not everyone, but the majority, certainly ted cruz is a distant second. kasich is, i'm not sure why he's still in the race, but if the republican party decides to, in essence, steal the convention from trump, i think it's going to create a problem in the general election, where the enthusiasm is going to be there. he can this put in whoever he want as the nominee by the rules, but trump is the one generating excitement and getting people to cross over party lines to vote for him. stuart: we're a financial
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program and spend a lot of time covering the stock market and people's money and donald trump comes out and says steer clear of the stock market, we've got a massive recession coming. do you buy that? >> i'm going to leave the stock market to you and the experts on that so i don't know mr. trump's a billionaire, i'm not, you probably aren't, and i'm not going to comment what's in the stock market. stuart: give me one thing that donald trump said that you thoroughly agree with and is a big reason you're supporting him? >> well, i think that he understands that people are angry with the establishment in washington. i think that he knows business and the economy is one of the biggest problems we face right now as a nation and our debt. i think he's best positioned to show these improvements to the people and resonating. he's saying the right things on national security and the perception is that america is weak around the world and
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donald trump is saying the right things to strengthen us militarily and saying the right things on top issues, security at the border and enforcing our laws. stuart: thanks for joining us, sir, appreciate it. >> thank you, stuart. stuart: baseball season, it is officially underway, yes, it is. the cleveland indians are benching their controversial chief mascot. i know what that's all about. details next. there are two billion people who don't have access to basic banking, but that is changing. at temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations
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part-- this cartoonish character has been part of the cleveland indians since 1930's been around much like the washington redskins. stuart: so? you say it's a cartoonish character. >> they're want to put him on the back burner. there will still be the chief wahoo patch on the jersey. stuart: with the big c. >> the block c, and last year, scaling back in 2011, chief wahoo was off the cap and off the home batting helmets. you know what the number one selling indians cap was last year? the chief wahoo cap, the home cap. while there are some native americans groups fighting against this, elimination of this on other sports teams, people are buying it as a logo. and even the movie major league about the cleveland indians, chief wahoo was a character in the movie. stuart: do you think over the
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course of years, we'll get rid of native american characterizations in sports and logos and mascots? >> maybe, if that does become the case, stu, i hope we look back at that point and say what we were thinking all these years as opposed to why do we cave to that, as we say caving to protests? >> you approve of this? >> i'm also not native americans, when look who groups are. native americans groups to get rid of the native american names. stuart: we give you difficult things, mascots and native american names. ashley: it's hug a news person, can we hug it out. stuart: no. donald trump's wife melania
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will be on the campaign trail. will she help him out. and a number of residents leaving california for texas. we'll tell you what's behind the exodus in a moment. ♪ the stars at night are big and bright, deep in the heart of texas ♪ when you think about success, what does it look like? is it becoming a better professor by being a more adventurous student? is it one day giving your daughter the opportunity she deserves? is it finally witnessing all the artistic wonders of the natural world? whatever your definition of success is, helping you pursue it, is ours. t-i-a-a.
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>> the supreme court has rejected the conservative challenge in this case. how do things stand now? liz: they stayed the same. the plaintiffs were saying that this is unfair. people cannot vote in those districts.
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it is better for the party the way this pans out. >> staying as is. >> it is unanimous. alaska air is buying virgin america. virgin hitting a all-time high. that is a 40% gain. back to donald trump. warning of a massive recession. i am talking about a bubble where you go into a very massive recession. we have a lot to go out. heritage. steve moore. jolting kent. elizabeth make donald. donald trump says we're going into a very massive recession. do you agree?
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>> i do not mind donald trump. it is always hard to predict when a recession is coming. think about this. third quarter of 2015. the fourth quarter 1.1% growth. we are moving in the wrong direction. i do think that there is a risk of a recession. we are now 1%. i do not think that it is out of comprehension. they are are pretty good odds. stuart: thank you very much. wisconsin. they vote tomorrow. look at the polling averages.
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this is from real clear averages. the republican side, ted cruz has a six-point lead on donald trump. lee carter, it seems like donald trump is catching up a little bit in the most recent polling. >> it is. last week were having conversations where he was behind. i thought it was going to get worse. seems to me that he is gaining some momentum. i think he may have a better showing than expected. there are many people that have said he will not win wisconsin anyway. he comes into new york and these other states and i think he will be okay. stuart: his wife joined him on the campaign trail today and was
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confident. maybe that is an attempt to get back some of that better feeling. >> it could well be that it is an attempt to get women voters back. they have been on the road with their husbands. we have seen heidi. we have seen all of the wives. look at -- she speaks volumes about the kind of father that he must have been. a very successful woman. a happy family. she is somebody that you have to respect. they speak a lot about that kind the kind of person that she must be. >> the answer is, yes. of course. he wants to win the women's vote.
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thirty-35%. he has to do something. bringing your wife out. she is beautiful. she is artistic. i think that that can help a lot. >> 70% unfavorable rating. >> that is a gap a mile wide. >> taking your wife out on the road. a massive data leak. maybe holding significant assets and overseas tax havens. >> having associates that may be connect it. >> rather in lot.
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>> the repercussions of this got huge. >> the prime minister. and offshore company. a snap election. >> i don't think it does any good in china. the mac in the middle of this campaign, link now to these accounts, this is a long series. he is not the first. >> the worldwide offshore tax haven industry is a billion-dollar business. this is a huge leap. >> it is also an attack against a corruption in government. who would have thought that the politicians would get rich.
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i think what this is telling us is politicians around the world coming to office and they use that office to get rich. stuart: i have not heard any american names. >> to your point, the president they are saying this is the reason why the world needs to go after tax havens. >> what are they going to do about it? i want to bring money back. i said this about 100 times on your show. >> you are bright. [laughter] how about this one. a record number of californians
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leaving the golden state and heading for texas. >> a quarter million have left. the first destination for more than 30 or 8000 of them is texas. basically, california has a big welfare state. they have been making moves that have really been hurting businesses there. $2.2 billion in adjusted gross income into texas right now. >> no income tax. >> a major airline merger. nicole, what does this tell you? nicole: the traders have been watching this closely. virgin america comes with record all-time highs. up about 40% today.
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apparently, this was a fierce battle between alaska air and jetblue. multiple bids for a number of days. one of the reasons is because they had a very clean balance sheet. as a result, you see record highs. jetblue is also to the downside. by about 4%. stuart: thank you very much, nicole. the top story debate that we just had. hillary clinton making comments on abortion. the unborn person has no constitutional rights. more on that after this break. >> i was, currently, death is not something that exists. the unborn person does not have
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constitutional rights. ♪ ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪
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>> tuning in every day 9:00 a.m. sharp. here is what you missed. >> i still serve in the army reserves. they have lost the lives in order to protect. i have that families and
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parent's. they have lost their loved ones in combat. it is definitely a provocative. >> i think it will definitely bounce back. an activity like that, the world will see that kind of thing on camera. that kind of thing encourages the support for trump, if anything. >> absolutely. firing up the people at that rally. ♪
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stuart: look at this. these are forward to how -- dow stocks. not the technology companies of last year. record highs. politics. wisconsin votes tomorrow. blake. making some comments about kasich. >> yes. kind of taken some of the desire off of ted cruz. he says, because john kasich cannot get the delegates needed by the convention, to become the
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nominee, he should be dropped out of the race. kasich is stealing away votes from him and not cruz. take a listen. >> kasich should not be allowed to continue. why is a guy allowed to run? going from place to place. he wants to go and have his name put in the nomination. he does not have to run and take my vote. he is not taking cruises fouts. >> the campaign fired off a response shortly afterwards. a possibility of accumulating enough delegates. since he thinks it is such a good idea, we look forward to trump dropping out before the convention.
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of course, that will not happen. he will need about 80% of the delegates here to there. a small task, but certainly possible. it has screws up about seven points over trump. >> rubio still has more delegates than john kasich. how about that. we will see you later. hillary clinton. and unborn person has no constitutional rights. a leading pastor in texas had to say about this. >> life begins in the wool. by the way, stuart, hillary clinton understands that. she said, for women to have access to abortion, they deeply seated religious beliefs of
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people will have do be changed. wanting to change the religious beliefs of millions of people in this country. >> joining us now. a democrat and hillary supporter. i always think of wisconsin as a conservative state. socially relatively conservative . do you think that hillary's comments help her in wisconsin? >> yes. a strong transfer. a pro-choice for a long time. elected twice by a large margin. i think your characterization is much like the country. for a democrat, i think hillary's position is very much in line with where the democratic voters are. >> i think public opinion
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generally wants to wayne in. allowing states to impose some restrictions if those states want that. in a general election, in november, you still think that hillary's statement has no constitutional rights. >> yes, i do. hillary has always been pro-choice. you have somebody who was on with wisconsin mainstream. with donald trump, who the heck knows where he is on this issue. i think when you get down to who the candidates are, hillary's position will be the one that will prevail. we voted for the democratic candidate for president.
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>> a hillary supporter. >> i really believe that you need to have someone that can govern as resident. i understand how important it is to actually govern. very much evident to be the actual leader. the person who governed the country. hillary is far superior. >> i have 10 seconds left. pushing bernie sanders two points ahead of hillary. you think she can point out tomorrow and actually win? >> she may or may not. i do not think that either of them will end up with more delegates. it will move on to new york.
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>> okay. thank you very much for joining us. >> campus lunacy, actually. silence and conservative voices. it starts with the faculty. my take on that is next. ♪ you both have a
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the two if you are a student, you are being told to shut up. do not put up signs. do not express your opinions publicly. when does this -- where does this come from? it comes from the faculty. the baby boomers grew up to run our colleges. the show shall science is a closed shop. free speech is the victim. a 10-year-old study shows one in five professors are not just left of center did flat-out martellus. only one in 30 was a conservative. okay. that is one in 10 years old. it is probably worse.
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there is a new up to date book about conservative professors. can they fit in? can they manage to survive? many just keep quiet. the book is called passing on the right. conservative professors. the authors conducted interviews quietly so no one would be embarrassed. the colleagues would never know he had such fastest views. this is what you are paying for. you are paying the salaries of the far left. it is not going to change anytime soon. they cannot be fired. oh, no. they actually breathe. what are we looking at here. the intellectual decline of our
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universities. the left. from the inside. ♪ ♪
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. stuart: well, look at here. there must be an election somewhere. four campaign events happening this hour. donald trump, ted cruz, both holding town halls in wisconsin. john kasich is at university in new york. hillary clinton preparing for an event with new york governor andrew cuomo. they're cheerleading the state's new plan for $15 an hour minimum wage. we have it all coming for you. hour three starts right now. ♪ ♪ . stuart: just out of the box. millan gentleman trump will appear with trump at that hour. the first time she's complained with him. joining us, liz macdonald and
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jo ling content. you first. first time ever on the campaign trail. that's designed to help with the female vote, will it being? >> well, it's clear that he needs it. his negative votes from women are off the charts. stuart: speculate with me. do you think he might work? she's a beautiful, accomplished woman. >> i think she's a formidable woman. i think the way she was introduced to the public with the heidi cruz, that's going to trigger some memory and going to be a tough thing to overcome. stuart: he says he regrets it. wouldn't do it again if he had the chance. you think that might bring him back a little with women? >> well, perhaps. but we've also got this impression that she's a trophy wife and some of the stuff that has coming up with trump his treatments of ex-wives consistently. that's things that female voters are going to be looking at. stuart: yes, they will. trump says we are on the verge of a quote very massive recession. here's the direct quote.
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i'm talking about a bubble. where you go into a very massive recession. hopefully not worse than that but a very massive recession. liz. liz: there's two things missing in this argument. first central bankers are the first to stop anything blowing. even though they are implying a lot of money, we get that. the second point mr. trump is missing is that the u.s. is the tallest midget in the room. people coming to the u.s.stock s high value and transparent market. stuart: but the only candidate pointing howth out we may go into a recession. 2% growth last year, 1% last year. projections are it's going to go down more from there. liz: debatable whether a massive recession. it sure feels like that but returning back to the markets. we are nowhere near highly valued as we're in the dot-com bubble when it was 100 times earnings. it's 20 right now.
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stuart: check the big board. we're sliding a little. not a huge selloff by any means. it was a go nowhere day now a down 50. the dow holding at 17.7. i've got four big names for you, though. these are dow stocks that are still hitting lifetime highs that are coming back a little bit. a couple of them. but earlier today we had coke, travelers, home depot, mcdonald's, all of them at all-time record highs. how about a price of oil that saudis say curve production? iran says, no, we're not going to do that. it's a standoff between the two sides. so a lot of oil still pouring into the market and the price is down to $36 a barrel as we speak. how about facebook? oculus rift, their product. they've got delivery problems. what's causing that, jo? >> yeah, their components aren't ready for shipment. this is a setback because if you remember last week oculus rift reviews were kind of mixed. so any holdup can
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actually hurt demands later on. so that's what we're seeing with facebook. but also the other story with facebook you see why they're down 3.5% right now. stuart: yeah. >> well, analysts saying that he anticipates revenue for ads is actually geomiss expectations in the first quarter. stuart: i've got to tell you i'm fascinated by this oculus rift. we saw the video there with the -- i'm not going to do this. the thing that you -- >> the headset. stuart: can you see that becoming a major consumer product when you've got to look like that? liz: and you get sick. there were health warnings on the booths at these tech conferences. stuart: look at that. i mean could you go on a date like that? i mean good lord. >> going on dates like this? here's the thing. remember, way back in the early 2000s, the late 90s, cell phones were received with the same kind of reception and get smaller, lighter, less expensive, and more user friendly. this is very much early adopter. if you're spending $600 odds, you're an early adopter. stuart: i want one, by the way. >> me too.
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stuart: i'm going to get one. liz: interesting. stuart: check tesla. why not? huge weekend for them new low cost model 3. it received 276,000 preorders. that was just -- is that just in two days? >> in about i think two and a half days according to elon musk's tweet. so if you look at the average price after i model 3 about $42,000. potentially pulling in $11.6 billion. and this is a car that's slightly more -- i know how skeptical you are about this. stuart: well, what i'm skeptical about is -- all of these people just plunked down $1,000. >> that's right. site unseen. stuart: maybe that's an option to sell. they took option of future delivery on a car. maybe they think that option $1,000 will go up in price. if there's a shortage of these things. liz: yeah,. stuart: maybe it's a gamble. >> it is a gamble. think about it. elon musk's deliveries will come at the end next year and oftentimes those have been very delayed with the model
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x. so, yeah, it is actually potentially a good investment. liz: if you want, that tax credit is about to expire. it gets above 200,000 in sale s. stuart: let's not forget the tax credit, ladies and gentlemen. >> if you look at georgia, cut the tax incentive sales rep on the western part. so that shows how. one? stuart: one more quick item on donald trump. more of what we call trump shaming. this time it's on a college campus. new york university nyu. they fear for their safety, some students. and they fear for their grades if they admit publicly that they support donald trump. you have any thoughts on this, jillian? >> well, on one hand i think possibly their fears for their grades are legitimate given how liberal these professors are. but i think, you know, if we're talking about colleges that are plagued by states and these people are afraid to even give their names, show some political encourage. that just strikes me as outrageous. liz: chalkening is happening right now. stuart: did you invent that word?
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liz: i think no. i read it somewhere. listen, the way to, you know, fix hate speech is to have -- frightened speech or whatever is to have more speech. have more debate about it. stuart: yeah, but the professors, they're all so far left. liz: if they're changing the grades, that's route rageous. >> there's not been a ton of evidence about it. but by golly, engage in a debate about it. stuart: yeah, and state your case. but, again, i don't know if there's hard evidence of grade changing. i don't know. in my day -- a long time ago. jillian, thank you very much indeed. appreciate it. donald trump still with donald trump. maybe he dominates the show today. look at this. he says the media isn't covering him fairly. here's the quote. my media coverage is not honest. it really isn't. and i'm not saying that as a person with some kind of complex. i'm just saying i will be saying words that are written totally differently for what i've said.
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howard kurts is the fox guy covering that statement. what do you think of that? not covering me fairly. what do you think. >> i think donald trump has been running against the media establishment since the day he got into the race discussing people. called some of us scum. so this is consistent with his message. but i think in particular the last week, stuart, where he got a lot of tough coverage, roughest stretch of his campaign by far was justified because most of that coverage was based on self inflicted wounds and made by trump himself. stuart: he can't complain if he says something strange about abortion one hour or two hours later retracts and says something very different. he can't complain about media coverage of a gaffe which he committed and yet that's exactly what he's doing. i think you're absolutely right. running against the establishment media, and it's a winning line, isn't it? >> well, i guess he he can complain. of course his supporters eat it up. they can't like the press.
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they think the press is being unfair to donald trump. but, look, most of these categories involve his words. you talked about it earlier in the show. the tweeting of the heidi cruz picture. mistake, a word donald trump doesn't use very often and of course a couple of interviews about abortion, one with msnbc chris matthews, and one with cnbc. that's news. if he can go into washington post and predicts a massive recession, that's news. if he talks about reducing the role in nato, that's news. i give him credit for engaging journalists, but he's got to take lumps as a result. stuart: it's fair coverage. he did say we're in for a massive recession. we're not being fair or unfair. we're actually quoting him very, very accurately and that's what we're doing. before you -- sorry go ahead, howard. i know you're going to say something else. go ahead. >> just briefly going to say i don't think it's an action that these complaints are coming out right before the wisconsin primary, which trump would very much like to win.
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stuart: you've got it. one more for you. that massive data leak exposed the offshore bank accounts of a lot of world leaders. got abawful lot of money out there. leaders like vladimir putin, al assad, there's a whole list. but this story, and i'm bringing it to your attention, howard, because this was fueled lightning fast by social media. these leaks only appeared i think last night. but by this morning, everybody in the world new what was going on. that's social media power. >> as i like to say, twitter is the new associated press stories. sometimes so, sometimes not explode on twitter. this one's a monster story. involving so many prominent stories, associates as vladimir putin as you say. the part i like about it, stuart. this began a year-long investigation by german newspaper that came to include
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370 journalists from 107 different news organizations. so that's the kind of reporting we should all aspire to. it's complex. it took a long time to bring to light. but the documents show, boy, there's a thriving black market for the world leaders with their offshore accounts. stuart: it's going to take us a long time to go through the 11.5 million documents that have been leaked. we're still looking for prominent american name. haven't found one yet. all of these foreigners, however, that's what's doing it. >> good hunting. good hunting. stuart: thank you very much, howard kurtz. appreciate it, sir. thank you. >> thank you. stuart: hillary clinton says she's turned over all of her e-mails. more than any of her previous have done. judge andrew napolitano says she lied to and deceived the fbi. he's next. >> i offered my convenience to use my personal e-mail account, which was allowed by the state department. >> what difference at this point does it make?
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stuart: donald trump's holding a town hall in lacrosse, wisconsin. that's an important venue because wisconsin votes tomorrow and that is a must show well for donald trump. we'll take you back to that shortly. hillary clinton yesterday saying she toned -- turned over all of her e-mails. roll tape. >> i sent e-mails to government employees on their government accounts. i had every reason to believe that they were in the government system. it was a matter of convenience. i've said repeatedly it was not the best choice. it was a mistake. but i think that anybody whose actually looked at this has concluded that i have now put out all of my e-mails. stuart: judge napolitano is here. and he's going to use a very strong word. you were going to say that hillary clinton lied. >> yes. yes, because she forgot that
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she kept 33,000 of her own e-mails and that she and her team decided which ones she would keep and did not return them to the state department on the theory that they were personal and the government had no right to have them. of course for everybody else in the government, all your e-mails are in the government account and the government decides which is governmental and which is personal. and this in mrs. clinton's case,. stuart: it sounds like a technicality, judge. >> there are 33,000 of them and then then erased the server so that no one could get them and guess what the fbi did? extracted them from the serve s. stuart: you can do that? >> the fbi succeeded in doing it. stuart: so they know what was in those 33,000 e-mails. >> yes. and they know -- if there was material in there that she attempted to hide under the guideline that it was personal. look, she keeps misleading the public on why she did what she did and on what she did. and every time she does that,
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the fbi watches and listens what she says. she forgets that her audience is not just potential voters in the democratic primary. it's the hundred or so fbi agents and federal prosecutors that are investigating her. and this is a dog whistle to them that she demeans the investigation or proclaims something that they know is divide by the evidence. stuart: so you're saying -- that was a potentially catastrophic appearance with chuck todd yesterday. >> yes. because that -- she does things like that, she gins up the normal human human animus if she accepts they come in. she's damned if she accepts it, damned if she doesn't. stuart: i'm going to bring you up to date -- not bring you, i'm going to tell the audience. the supreme court just unanimously upheld a texas law that counts everyone -- okay? counts everyone. not just eligible voters in
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deciding how to draw electoral districts. so that means the system stays in place. no change. >> yes. the system was challenged by conservative political groups which said we happen to be in an area where there are so many people in the population were ineligible to vote and therefore our vote is diluted by theirs if you count them. you shouldn't count them. texas said we might want not to count them, but we didn't do it this time. so texas on both sides of this issue. so the side that said we're going to count the entire population base. on the side that says we don't have to down the the entire population base. stuart: i'm just trying to get to a bottom line. the system stays in place and it favors the democrats. >> i don't know if you can say it favors democrats. stuart: oh, i can. >> with a legislature and in mind law by our republican governor. but the system does stay in place.
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stuart: are we okay on this? >> yes. we are. stuart: no change. it was an 8-0 decision. >> yes. stuart: mr. scalia is of no part of this. >> there are some compromises in there that caused it to be unanimous. but it is unanimous. stuart: all right. donald trump is holding a town hall in lacrosse, wisconsin. his wife is not there. do i have news on this? >> that's right. after the trump campaign told them that she will there, she's not at this event. she will be attending the superior, milwaukee events today. and as he heads into this primary tomorrow night. stuart: and, by the way, he just said it again that we're in for a very big recession. and he said we could avoid it if he becomes the president of the united states. have i got that right, justin? that's what he said, and he's speaking right now. that is lacrosse -- let's dep in for a second. let's listen to the tone. >> and it's not fair, folks.
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it's not fair. and i would get together, and i'll say to the countries that haven't paid and are paying not their fair share, and they know they're getting away with murder. but why should they do it? nobody calls and talks to them and says, you know, we're defending you and you're not paying. i want them to pay up and pay delinquent because delinquent for years they haven't been paying. it's not like they just stopped. for many years they haven't been paying, and i want them to pay delinquent. and you know what? if they want to leave nato, that's okay with me. and if there's a point where we don't have nato, we'll come up with something else. but veg to just do it. [cheers and applause]ys have one to -- in deal making, you always have to be able to walk. you have to be able to walk. so i took a lot of criticism. they said here was the headline. donald trump wants to dissolve nato. that's not what i said. and i said -- and this isn't the washington post.
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this is others. i said donald trump wants to have people pay. donald trump wants to adjust for terrorism, which we have to do. donald trump wants to do all of the things that i explained. donald trump wants to do all of the back money that's owed to us by all of these companies who have had a free ride or close to a free ride, and donald trump wants to make the united states rich again and great again and wants to help other nations. i want to help other nations. [clapping] but we don't want to be the fools. we don't want to be the dumb patsies that we are all over the world because that's what's happening. i mean you have guys that are running that are totally taken care of by special interest. you take a look at the people supporting ted cruz. totally -- you take a look at the people that are giving to his pacs and giving him money. these people are -- they have total control over him. they will say jump, ted.
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in some cases they'll say jump, lying ted, because nobody lies like this guy. this guy's a liar. he's a liar. we call him lying ted. you know? . stuart: moments ago donald trump was talking about how he had been misquoted in the media. and, you know, to some degree the man's right. when he talked about nato a few days ago, the media came out and said he wants to dissolve nato. get rid of nato. that's not what donald trump said. now, the judge is still with me. he's -- >> well, nato's a treaty. stuart: yeah. >> so he couldn't do it on his own. stuart: right? >> it would have to be done with two-thirds of the senate, whatever adjustment to make. stuart: he did not say i want to dissolve -- he didn't say that. he said he may wanted some people to pay more. he wanted to make sure we're okay with terrorism. >> what an he's doing and exactly how it occurs to just point it out to you. he's running against the media. so when he can stand in front
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of that crowd whether it's alabama or wisconsin, it's a brilliant technique. stuart: you know, your analysis is very good okays. judge napolitano. >> you're very kind. graduate of london school of economics. stuart: beats princeton. we are out of time, judge, i'm very, very sorry. we'll be right back, everybody, i'm very sorry ♪ every auto insurance policy has a number. but not every insurance company understands the life behind it. ♪ those who have served our nation have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life.
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stuart: you're looking at donald trump there holding a town hall in lacrosse, wisconsin. now, there is -- he's been saying a lot of things today. and over the weekend, he was out saying he's going to tax the rich. let me get this right. i thought he was talking about a hedge fund manager. liz: yeah, seems like this kaleidoscopic shift. i don't really like the rich, but the very rich are going to end up paying more. now, it should be noted that the top 20% in the brackets pay 84% of the federal tax revenue. neil: right but he's not talking about the top 20%. he's talking about hedge fund managers and maybe who makes 100 million a year. maybe. i don't know. liz: talking about hedge fund managers now. it's the very rich. neil: where's the line? surely he's not going to take the bernie sanders line of let's tax them to the pip-squeaks.
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liz: constantly missing 06% of u.s. households get more in the way of benefits and they pay into taxes. stuart: next case i've got a headline. 22 suspected isis terrorists with direct ties to the attacks in brussels and paris. all 22 of them. they're still on the loose. terror expert and trump advisor on that. next
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stuart: donald trump may be just about to wrap it up. holding a town hall meeting in accra, wisconsin and the republican primary there tomorrow. he's got to perform well in that particular primary. a pivotal point and areas in wisconsin now. i sit typing in europe. if they are. 22 suspected terrorists linked to the attacks in brussels and paris on the lives. according to police, 50 possible exit supporters worked at the brussels airport. this is an extremely difficult social policy question because how do you trust any muslim and a security position in europe at this time? >> you do trust muslims, christians, atheists, but you need to do the vetting. the vetting has to be focusing on the ideology. this is some in europe or the
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united states are doing. ironically, ericsson is real surgery method we need to change our vetting and peer of radicalization. not about religion or ethnicity or what you believe in. stuart: there is a way of vetting without crossing a religious barrier where you are targeting a religion. you can set without profiling a religion. you can do that. >> for the last 10 years i was trying to pass the message along to congress in a briefing, for the past administration, current administration, hopefully the next administration that of course there is a way to do it. but there is a pushback or lobbies. those lobbies are basically for the muslim brotherhood don't want to be able to determine whose jihadist and his not. this is a protection for their own militants. stuart: am i a bigot if i raise the question, how do you trust muslims in security positions?
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does that make me a bigot? by the way, they just put a protester into interrupt the rally. they are dealing with it right now. you can see it off to the side. let's listen in for a second. [chanting] >> i wonder what state he came from. you know, they send them around. the last person hillary wants to run again is donald trump. they send them around. okay, good. yeah, fine. it actually sort of makes it more interesting, doesn't it? otherwise we could get a little bit bored. stuart: that was interesting. didn't say much which they defend. he dealt with it. got it. donald trump has been saying a lot about foreign policy. at this meeting today in over the weekend saying foreign
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policy is extremely important part of his presentation. i believe you are a trump foreign policy analyst and advisor, are you not? >> i am, indeed. stuart: by general outlines of the policy did you tell them? >> they are general outlines, but when you marry this to the debate in the primaries, the strategic direction is not always very visible and clear. but they are with regard to isis, the other distraction. not just in theory. you cannot coalitions on the ground to do so the past two to three years were not successful so we need an alternative. second with regard to homeland security company to be a vetting program we were just talking about that. with regard to nato come a whole controversial debate about what mr. trump is trying to say that the world has changed. we need to adapt nato to me. not to dismantle nato.
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stuart: the pentagon has announced a transfer to libby transfer to libyan detainees from gitmo to the african nation of senegal. we understand they are tough types. >> quickly, salaam abdul salaam and omar khalifa mohammed both work with them for osama bin laden weapons training, making training and one of them reestablished a qaeda training camps as well. they have said they want to kill u.s. personnel. >> i take a donald trump's policy would be no, we're not going to release them. >> it's a different direction. it's not despair in guantánamo. it's not about love or hate guantánamo. we are in a war or we are. we have to have the centers for the terrorists are the combated who are caught on the battlefield or inaction. otherwise the other direction as we don't want wonton about because we're not at war. the public has to make a decision on which direction.
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stuart: one thing i like about the trump campaign as it goes into territory unafraid. now if i had asked a question of view about is it okay to profile of muslims in security positions, i could be labeled a bigot for a night. donald trump waves or identifies the good i think that's a valuable contribution to debate. would you say? >> mr. trump does not an ideology. unlike the other politicians, that makes them into an islamic vote for a bigot. actually, most of his friends and allies and associates are international in many an the arab and muslim world. that takes down. what is worried about is to reflect what the public in america is concerned about, what is going on -- what he means by that, why are we able to that? once they provide them with the answers come the answers come at the same answers that provide for the current administration, he would use them.
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stuart: a few moments ago, donald trump was speaking about foreign policy and his advisors. i'm going to role defined by a man i want your comment. roll tape. >> these people don't know what they're doing. they say, trump is a foreign policy adviser. supposing i didn't have one. a lot of people in the last week, all good people. supposing i didn't have one, would it be worse than what we are doing now? stuart: you are a foreign policy adviser to donald trump and he just gave you a big out on the back. >> i don't know if he did or not, but certainly and a leader assuming national responsibility needs to have a team of good advisers. he and others to do the same and he made his choices. >> always a pressure. thank you rejoining us. we appreciate it.tomorrow. ted cruz pleads trump by six, almost seven points. he says the party is unifying
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around him. >> we are seeing victory after victory on the grassroots in wisconsin tomorrow. this race has national implications. the entire country looked into wisconsin. i would note a few weeks ago the media was all same wisconsin was a perfect state for donald trump to win, with not a good stay for me to compete in. what we see happening in wisconsin if they manifested here at >> combine in. pollack -- public chicks.com editor in japan. a crew supporter. welcome back because we shortchanged you last time with all the breaking news we had. you're a big time crew supporter you for a crew supporter that's kind of tough. i want you to outline the path to victory because i can see
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mr. cruise -- senator cruz wins in wisconsin. i can see that. but i can't see him winning in new york. that is donald trump territory and cruise does not win new york. he's got a real problem with the delegate count for the convention. >> he does fear this is not an easy win for him. but all along this has been a kind of tortoise and the hare kind of raise for senator cruz has been slow, steady, building up his grassroots base, building up run support. right now he is winning over a lot of former trump delegates. he's doing really well in arizona right now. colorado. >> hold on a second. he's contacting delegates. trump delegates. ted cruz is trying to persuade those delegates, change your mind. when push comes to shove at the convention, change your mind. that is what ted cruz is up to?
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>> that is not something you're up to. donald trump knew he could do that, he would have been doing that all along. the thing with donald trump is he just recently hired someone to help them understand this whole delicate they, the brokered convention, what it means for everything. the one thing people were in for donald trump if we are going to talk about him is that from the beginning they kept saying he's a strong businessman so he will surround himself with really intelligent people that would help explain things and help him formulate foreign policy. he's doing now, but it seems like it's not necessarily follow it through. stuart: i do see your point. you know, if ted cruz is kind of operative are going to the delegates and trying to persuade them to vote a different way, don't go for trump, but a different way, that just makes people really angry.
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again, they would feel like the establishment is taking the convention and taking the nomination away from a donald trump. it just looks bad. >> again, if donald trump knew he could do that, i guarantee that is what he would be doing. he is starting to do that along the way, that is trying to win and keep his delegates, which he needs to do. all senator cruz needs to do is point out the differences between him and donald trump. if that's the way he's winning over delegates, they maybe should have been using a little more discernment from the beginning. i wish everyone would read and research and learn as much as they can about the candidates. stuart: by the way, our viewers have been seen donald trump in wisconsin. he's been talking a lot about ted cruz, joerg i., again stayed
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everybody hates ted cruz, mine ted cruz. you see what you miss by coming on the show. that's pretty cool. i'm going to get it. pollitt is checked.com. i think i got it right. i'll get it. a border patrol union endorsing donald trump. we have someone from the union to tell us why they like the trump immigration policy. he will join us next. a few stops later, and it looks like big ollie is on the mend. it might not seem that glamorous having an old pickup truck for an office... or filling your days looking down the south end of a heifer, but...i wouldn't have it any other way. look at that, i had my best month ever. and earned a shiny new office upgrade. i run on quickbooks. that's how i own it.
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>> nicole petallides mr. fox business brief. s&p 500 down five points right now on the nasdaq under pressure down 17 points. we are seeing some of the stocks under pressure today. under president obama come at 800, 900% since he took office. worries about terror, worries about a change in the second amendment. the downside down for bucks. dow stocks retained lifetime highs. coca-cola and make him a thought hit new highs today. make donald says the fourth day in a row with high affair. whereupon, a new company investing $250 million in group on.
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stuart: there you have it. donald trump holding a town hall and la crosse, wisconsin. covered a lot of turf in the last half-hour. trump scored another major endorsement. this is from the national border patrol council. they are backing him. chris cabrera is with us. he's a member of the council. i guess you like the idea of a wall. is that why you're backing trump? >> not necessarily.
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they have brought immigration to the forefront of his campaign and he's the only candidate taking the national security and enforcement of our borders seriously and bringing it forward like it needs to be brought forward. obviously, those are topics near and dear to us. he's opened up a dialogue with our union and that is why we are backing donald trump. stuart: are you saying the border as it now stands is just not secure? >> not at all. stuart: and a more secure in the last few years? >> it's gotten less secure. we are lucky to catch 45%. stuart: why is it gotten worse? the whole country is concentrating on the border. >> you can't only here for an administration that it secures that the resources are being sent. we had to catch and release program where people are pending a court date and you never see them again coupled with the fact that it's extremely porous large
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stretches of border been left unsecured, unmanned and is just a recipe for disaster. stuart: how many members do you have on your union? >> about 20,000. stuart: that saw the border patrol agents on the southern border and canadian border as well? all the members of the union feel this way? you way? you're taken a leadership position, but all your members are gung ho for this? >> whenever you look at anything, you will not get every single non-board with every idea you do. it wasn't a decision we made lightly. a lot of talk back and forth and we thought now is the time to get up off the sidelines and back one candidate that we've never done this before. stuart: forgive me for getting personal, but your name i believe is hispanic. >> that's correct. stuart: the word is hispanics do not support donald trump because of what he said about building a
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wall and mexicans come income et cetera, et cetera. how do you feel about that personally? >> i think that's a lot of talk you hear. i don't think that's the number sound for you though. i wouldn't even say is the majority. most folks aren't illegal immigrant. we are not against immigration. we are against illegal immigration and that's where the distinction is to be made. stuart: have you talked to trump talked to trump yourself for other members talk to them? i haven't talked to them personally. other members have open dialogue. stuart: chris cabrera, we thank you for being with us. important stuff and we appreciate you being here. we will have more "varney" for you in just a moment. this just got interesting. why pause to take a pill?
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stuart: here is the claim from donald trump. he didn't make it today at townhall and la crosse, wisconsin. he has said he can eliminate the $19 trillion in debt and he says we can eliminate that debt in eight years. gerri willis has been doing the math. >> there is no match here. let me just say $19.2 trillion in debt. our annual budget for the government is only $4 trillion talking about cutting that in
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half every year. a lot of unhappy retirees if you do that because they're not going to get any social security. stuart: hold on a second. i don't think donald trump knows the difference. i'm not being pejorative. i'm not being nasty. i don't think he knows the difference between the national debt accumulated to $19.2 trillion. he doesn't know the difference between bad and the deficits, which is the annual red ink shortfall, which is about four, $500 billion this year. and doable. he's talking about that, but he doesn't say that. >> let me tell you what a trump adviser had to say. maybe what we could do is sell off some of the national assets. stuart: a trump advisors said that. like what? >> those early $3.2 trillion. we are not counting national parks. u.s. land in the gao now comes in and does no, no.
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to do that you would have to change federal law. stuart: he is not doing it right. he's not using the right words. if he said we will eliminate the deficit, he can do that. he could do that. you can't get rid of the debt. >> $26 trillion. going up every single day. stuart: more "varney" after this.
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>> do not -- do not drop out. and i do not drop out. do not drop out. [applause] >> now, i am dropping in. i am not dropping out. here's the situation. the reason why trump said some
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nine needs to get out, think about what this guy said. he's getting my vote than i want to have my votes. this is not fair. i thought they got out of the sandbox years ago. stuart: a little humor there. a little mocking tone from john kasich moments ago. he's not getting out. liz: he's not going to get out. as of now, rubio is not releasing his delegates at this hour. stuart: rubio although totally out of the race has got more delegates locked up for the convention band does john kasich who is still in the race. >> here's the thing, kasich is coming out of was confident going into other races that a severe disadvantage. he has a lot of making up to do. not even be possible here. stuart: buddies looking for is a brokered convention which he emerges as the savior of the party. the guy acceptable to everybody
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in the guy who could beat hillary clinton. jo: ted cruzan that is not going to happen. we are totally out of time. i'm pleased to say neil cavuto is back with his rifle position. neil: thank you for a match. thanks to charles payne for his hard work in my absence. donald trump down on this intimate day, bad recession with candidates. all the major ones crisscrossing. most of them was confident, but some spread out in new york to make the point that they are the ones to close the deal for respective parties. donald trump and what he had to say about the likelihood of a severe recession come up what he terms a massive recession yet again. donald trump moments ago. take a listen. >> what i said is we're going to go into a massive recession. i also think i'm president that

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