managers, understands what he doesn't know and just tries to, you know, to work it where he can, work it where he has a small advantage. maria: a good queson to bring out. jack otter, nice to see you. >> have a great weekend. maria: have a great weekend. that will do it for us, "varney & company" begins right now, stua, over to you, have a good weekend. stuart: maria, thank you very much. bill clinton unloads on black lives matter. good morning, everyone, it happened last night. the former president constantly interrupted by demonstrators claiming the clinton presidency hurt blacks,ould be a problem for hillary, who needs minority supporin the hotly contested new york primary. harsh words from all t the candidates in n fact and it's been what i would call a bad week for civility in politics. and it's been a bad week for business and the wall street journal says it's going to get worse. president obama is about to unleash a flurry of new anti-business rules and regulations, including overtime pay for management. bad poll for donald trump.

seven out of ten have an unfavorable view of him. he's underwater with just about everyone in all parts of the country, but you know? it's friday, so look at this. this dog performs forever. can't show you the whole video, but that balloon never touches the grnd. remember playing that game when were you much, much younger, even i can remember those days. "varney & company" is about to begin. ♪ before we go anywhere, you've got to see this, aolfer's nightmare. ernie els made history yesterday and d something no golfer has done in 80 years. he shot a nine over par on the very first hole of the masters. it took sisix attempts at putt before finally moving to the next hole. you could call that a meltdown, couldn't y y?

poor guy, your heart goes out. >> yeah, poor guy. stuart: jordan spieth has a two shot lead. as i said, your heart goes out to ernie els. >> the thoughts are with him. >> my uncle jack was a bookie, that's how i relate to sport, the odds and i immedediately ge all warm and inside thinking of uncle jack who would get very excited when the masters was coming. stuart: you don't play or watch golf at all? >> the golf on the weekend, like baseball, very familiar in the background. the phone was ringing and uncle ja was taking bets and it would be like comforting to me the golf on the weekend, fabulous. uart: you should do a segment on uncle jack, i suspect, an inresting character, no doubt. on an entirely different n note stocks are going up this morning. a rebound from the drop yesterday. fed chair janenet yellen did no expect a recession this year. clearly that helps. oil bouncing back today big

time. two bucks higher, that helps, obviously, oil up, stocks up, that ratio still holds. look at the gap, sales down last month and that stock will open a couple of bucks lower in percentage terms, a big drop. how about ruby tuesday? they said they lost more money and the company cuts its profit forecast for the future. you're looking at a big percentage drop there as well. here is that interest rate barometer. look at a stock we'll show you more often. 1.72%, that's the yield on the 10-year treasury, that's a very, very low yield, it implies real trouble for the global economy. politics, bill clinton taking on black lives matter protesters in philadelphia last night. listen to this. >> i don't know how you would characacterize the gang leaders who got 13-year-old kids hopped up on crack and set them out on ththe street to murder other african-american children. maybe you thought they were

gogood citizens, she didn't. she didn't. you are defending the people who killed the leses you say matter. tell the truth. stuart: that was pretty strong stuff. the man was heated, red in the face, jabbing the finger, a lot of noise. tammy, do you think that performance, confrontation, put it like that, does it help or hurt hillary clinton in the primaries? >> he was finding his inner trump. like getting rid of the political correctness. the problem is by juxtaposition shows you what hillary is not. it was great for bill clinton. bill clinton consummate politician, he's absolutely right about quality of life and standing up for what he bebelieved of in a genuine way. you never see that from hillary and that's where i think it could hurt her. she's not well. i think you could tell he's not 100% and from previous performances he seems-- his voice is w weak and his delivery is weak, but i think for hillary, she's not going to

be able to deliver that herself and realalize what made bill a great t politician and why hillary isn't. stuart: and governor mike huckabee is with us, joioining s on remote here. governor, i'i'll pose the same questi, that was a confrontation last night between bill clinton and black lives matter. does that help or hurt hillary clinton? it's at the primarary in new yok and hillary needs minority voters. >> she does. i thought it was great for bill clinton, reminds people why they likeded him and reminds thm why she's not dodoing as well. she is just not the natural consummate politician that he is. shshe doesn't have the warmth, this sincerity, the passion, the zeal. she's rather robotic and when you see him and you see his flash of angerer, let's give hi sosome props, it took courage t stand up there and put their finger in ththes face and tell them the truth. he was. hillary doesn't do that. she's very calcuculated and she thinks true anand doesn't go of

script. when she does. she's horrible off script. stuart: governor, , you've been in the arena, you were a republican presidential candidate, could you, would you-- >> thanks for reminding me. stua: could you, would you have said the same thing as bill clinton said last night if you'd been confronted in a similar fashion, or any republican? could any republican stay that and not be called a racist? >> oh, they could have said it, but whether i had said it or any other republican, stuart, i guarantee you the reaction would have been very different. we would be branded as racist, innocenseitiv insensitive, that we were proving we were out of touch and totally disconnected from reality, and that's one of the reons that this election is so hard to predict because it's so polarized in every way. black versus white, ft versus right. inner city versus suburban and rural, and in every way america and this election is showing extraordinary levels of

polarization and it's not healy because we can't -- we can't function like that. stuart: vernor, can i ask you to hold on for a second. i'm going to break away and i've got news breaking on something pope francis just said. and best way to characterize this, shifting his tone on gays and divorce. liz, from what i've seen, he seems to be emphasing nurturing rather than judgment. >> yeah, that's right. he's striking a pragmatic balance here and this is his first major paper on the family and d it's basically the joy of love is what it's called. he's calling for less judgment. calling for the church to be more supportive, where there's ambiguity is whether divorced catholics that remarry can get communion. that's a flash point. they're not supposed to under-- >> he's saying, yes, divorced catholics can take communion. >> they're not supposed to if they remarry. he's leang it open, there's

less clarity. stuart: governor huckabee, i know you're a baptist, not a-- >> not a presbyterian, not a frozen chosen, a baptist-- >> i'm not getting into that. i'm offering you an opportunity to comment on the leader of the catholic church who just said that. >> i have great admiration for the pope. one. things that he did, if people see the real world, i saw the headlines and it looked like he was going soft on the church's position. he is not. he's clear that same-sex marriage is outside of the biblical norm. for those who say he's going soft and what he's saying is the right tone. there shouldn't be a judgmental spirit. there should be a sense of grace and that judgment and grace have to balance each other and he is putting a new focus on the nurture of the gospel, on the grace of the

gospel, on the power to forgive and to heal and to include. that's something that ought to be a part of every christian ssage. jesus didn't come to tell us w bad we were, we already knew that. we came to told us how to find life and find it everlastin e pope's wordsds, totally different t from the headlines and boy,e's taken the church a different direction. stuart: i'm glad we had you u o the show to coent on the news item that developed while we speak. governor huckabee, everyone. >> thank you. stuart: : i've got fallout from the panama papers. british prime minister david cameron, he's in some trouble. lauren, spell it out in case we missed it. >> there are calls for itain's prime minister david cameron to step down after he admitted he profited from his late father's off-shore trust. his dad had an i investment fun run from the bahamas, and he

told them before becoming prime minister and he profited from them. he fessed up and criticized for not coming clear soon enough and edward snowden is tweeting this. >> up to the british public and not this, 10% the voters were in the reet after 24 hours, thousands of people did show up for protests in iceland and their prime minister d step down. as for britain, , protests starting tomorrow. stuart: i'm so glad that mr. snowden chimed in. >> people around the world want more from their politicians and they want honesty and not hypocrisy. while something may or may not be proper technically-- we're tired of-- >> politicical leaders can't hae hidden money, can't do it. now our new friends the iranians coming out with a new message. they're developing a very new

and destructive weapon that they can mount on missiles. more in a moment. in the meantime, it's friday. we're having a little fun. which ends first, that police dog keeping that balloon off the ground, ernie els trying to sink a first putt of the masters or hillary clinton trying to swipe a tro card on the subway? she had as much trouble as els did. my money is on theog. ♪ if a denture were to be

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>> all right. now watch this, biker eluding cops four months ago, and led them on a che and the biker recorded it and he posted it on-line and is caught. >> being on youtube is the darwin theory if you want to catch a bad guy. he wanted to be famous and puts

it on youtube, 20 years old and yet when they arrested him and pulled him over, he had a broken leg from a motorcycle accident one month ago. he says he's never going to stop riding, but i don't think that they've got motorcycles in prison, do they? i'm not quite sure. [laughter] >> a serious subject now to iran, beefing up its arsenal. it intends to produce the powerful explosive for use on missile warheads for destructive and penetrating power. joining us is a democrat fm connecticut and the house intelligence committee. congressman, are you having second thoughts on the iran nuke deal which i believe you signed off on. >> good morning, stuart, no, . look, u know, iran has fully complied with obligations under the nuclear deal and we're 12 months away from an iranian breakout to a nuclear weapon as opposed to two months as we were before.

i know that some of the worst fears around money being sent to hezbollah, we have yet to see that. stuart: when we were discussing the iran nuke deal, wasn't there some consideration of missiles? certainly missiles that could reach israel and now, if they put this new explosive, very powerful explosive on it, it's like a substitute for a nuke, doesn't th raise some concern on your part? >> well, it's not a substitute for a nuke. it's a powerful explosive, but far, far, far from a substitute for a nuke. we need to step back and remember just because iran signed a nuclear deal does not mean all of a sudden they're an enlightened progressive regigim ready to join the company of nations. stuart: what did we get out of it? >> we got out of t the fact they're now 12 months away, even if they decided to completely go for it, 12 monthss away from them having a hope of a nuclear weapon, that used to be two months. that's a fairly dramatic change

in our national security, not just ours, but the region. this is a regime that's a tough, bad regim the idea that they're all of a sudden going to start behaving like boy scouts overnight was never going to happen. we took a very big step in the right direction, taking off for what is for most national security experts, the sum of all fears, that is to say a rogue regime with a nuclear weapon by taking that off the table. stuart: congressman, i just want to bring this to your attention as well. in newtown, connecticut, as you obviously know, one of the deadliest school s shootings, police say a middle school teacher was caught bringing a firearm onto the grounds. now, the teaer was licensed to carry a concealed weapon, but now that teach has been charged wi a class d felony. your comments sir? you're from coecticut and thiss yo state. what's your comment? >>ell, i mean, here with iran and with the morcycle rider, the eme is monument actsf bad judgmentnd clearly this was sothing that just cut to the heart of an awful lot of people here inonnecticut who

were so close to the-- just disgusting murder of all of those children. look, we hope, and that all e information is not in yet, but we hope this was an act of monumental bad judgment, that there wasn't something more behind this or this guy wasn't trying to make a point about gun rights. i've got to tell you people up here are pretty horrified by the fact that a teacher would choose to do this two miles away from the sandy hook school where all of the children were murdered. stuart: thank you for addressing difficult subjects with us. >> thank you. >> look all they've accomplished is having iran havi the nuke in the next administration. all they did was save obama. there's no difference whether the nuke is now or next year for the planet or americans, it went from one administration and the next. >> and t tied up billions in mayhem and other-- >> outrageous. stuart: that's the president's legagacy, he's got to live with it. the dow futures, we're looking

at a nice solid rally as we go into the t trading session. up a triple-digit gain. in europe, police are sending a stark warning, this is the cops, , criticize migrants on-line and you might be arrested. watch what you say, and watch what you post in europe. more varney after this. i'm mary ellen, and i quit smoking with chantix. i always came back to sming. i was absolutely frustrated, absolutely.

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♪ life is a highway, i want to ride it all night long ♪ >> on that graphic, ladies and gentlemen, i d did not. the outfit, nonetheless, that car-- >> what am i wearing? i have white tights on. stuart: that car is called a stinger and you, liz, will tell us why it's important liz: it's modeled after the 1911 stinger, it's going to be auctioned off by the nephew of mario andretti. he's been basically racing around the country with this car and collecting hundreds of indy 500 signatures and autographs. the children, so it's the 100th anniversary of the indy 500. stuart: we've got the car tside and i'm going to inspect and talk to the people who are going to auction it off liz: and it's not the 100th

anniveary. this car won the-- ments the hararry potter chair that j.k. rowling white harry potter in auctioned offor $400,000. a regular chair. stuart: i've got to o turn to this, more lunacy on campus. a tenured prprofessor at marquette risks losg his job after criticizing another professor. tammy, you can't write free speechch or write something without getting fired. >> this is the frankenstein monster of the left and everybody at the academy and in that realm from liberals, development of liberals and this is the natural state. eventually you become slaves, people tell you what you can and cannot do, the individual does not matter. it's the antithesis of what it stands for. stuart: the professor was making a point, was it gay marriage or traditional

marriage and making a point thatay have been politically incorrect, writes about it and now may lose his tenure. >> that's what the whole point of the academy is supposed to be, facing different ideas through challenge and not necessarily being swayed liz: the negative speech you opposed and affix it with more speech and two teachers going after each other, that's a new level. stuart: what you've t in american universities today is the opposite of what colle is supposed to be. >> defending a students in an ethics class and these are the things you're supposed to be diussing liz: the creating. stua: i think that america is in an ugly mood and that's one of the reasons why. exaspiration of what they're doing to our colleges. >> which is why the campaigns look the way they do now. stuart: on the other hand, you're about to see the markets take a nice triple-digit jump this friday morning. the federal reserve assured everybody there will be no recession this year, might be up 100 points. back after this with the bell.

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>> let's give him some props, it took courage to stand up and put his finger in their face and telling e truth. hillary doesn't do that. she's calculated and thinks through, she's programmed and doesn't go off script and when

she does, she's horrible off script. stuart: that is hillary int clinton- that is bill clinton confnting black lives matter and how it will affect hillary and the rhyme -- primary. that's topic one. topic two the mark off and running. we'll see green arrows at the opening bell. we're up2 points in the early going, 17-5 is wre we are. maybe we'll make 17-6 by the time everything opens up and we're moving. tammy bruce is with us, so is liz maonald. scott shellady in chicago and kevin kelly right re. and janet yeen does not expect a recession this year. kevin,n, is that what's moving the market up this morning? >> yeah, anynytime the fed has upbeat positive move, the fed tends to react in a positive upbeat session. and everyone knows we're going

into recession, and if it's coming down, cut being ban on labor, that's a 2017 story. stuart: tammy, do you want to talk about this? >> janet yellen is concerned about the high levels of involuntary part-time employment. the jobs and people pulled back in, but there's no real jobs for people, they're forced into part-time dynamics and this is faster when it comes to the economy. look, everybody is trying to push things into the next administration and they want to save this one. stuart: slow growth. >> analysis shows half of the net new jobs created since the crisis, low wage jobs. stuart: a lot of part-time. stuart: scott shellady, did i hear you chiming in there? >> well, here is what i'd like to add to what everybody is warning of, this quarter versus last, the same quarter last year, corporate earnings are goining to be off 8 1/2%. and s&p 500 earns off 18 1/2%,

our oil rigs at a 14 year low and we've seen 51 drillers go out of business and declare bankruptcy. challenger and christmas also said that major -- redundancy, where is the good news? the market is up on free money. stuart: scott, when you comment on donald trump when he says that this ecomy is a big bubble. that's what he said. what do you say? >> it's hard to argue with that. if you look at the stuffhat comes across the dks of the guysys down here, we shake our heads. our the market is up on hope, but it's not cutting the mustard. there's going to be a time to pay the piper. >> and the reason that the market movesp with stock buybacks, the consumer numbers from the latest gdp report, the

last couple of weeks, that pushest and the dollar has been down. the dollar is dictating market moves and the dollar is a the a year low. stuart: dollar and stocks, bingo. we're almost up 100 points in three minutes worth of business. listen to this one. j.p. morgan chief jamie dimon says that public policy must change because the u.s. faces economic tragedy in the future. what i is he talking about? >> he's giving a 10-year deadline, he's saying fiscal collapse, poorly designed retirement and health care and tax state and it's time to stop the ideological-- we need to stop this. >> an of seven years of obama, they finally say it when he's in the last part of f it. this should have been said five, seven years ago. stuart: scott shellady, come into this.

jamie dimon, traragedy predicte in ten years because ocurrent policies. what dyou say? >> it sounds likike he shared a cab with donald trump on t the way to work, that's what it sound like to me. stuart: he think he echoed what you've been saying all morning when he didn't say hopium. that was you. >> and he knows it can only last for so long and that's short-lived. fiscal policy needs to come around. stuart: what happens when they stop doing what they're doing? >> even what they're doing now is know the working. they keep doing it, but it won't work. >> it's the balloon that the dog has been keeping up hits the ground. that's w what it is. stuart: let's look at big nanames, nicole, start with the gap because i think it's way down. it will me. nicole: remember that phrase fall into the gap, look how the shares are falling, 9 1/2%. weak t traffic, an inventory build going into april they say will hurt gross margins.

the gab, old navy and banana republic, this is not goododews for them and take a look at a cacasual diner, go ahead. stuart: i want to go to rube why i tuesday, i know w it's wa down now many' seeeeing it down 16%. >> it's a smaller company, 300 million n in market cap, but muh ofof the same story they talk about with traffic and sales missed going forward. . they lower theheir projections going forwarard and they blame the weather, too. stuart: yeyeah, i think that's northeastern company, i think, i'veve got even ruby tuesdays outside, but that's down tododa. thank you indeed. check out facebook, users are sharing less personal content. not sure i know what that means. what's that about? >> well, i think that people are reeling from identity theft issues, safety issues, telling people exactly where you are, what he is going on inin your life. if you've broken up or sad. they're realizing a backlash to thisit can be dangerous, financially risky. finally, we're getting-- finally we're getting--

>> i think it has to do-- >> what's happening, facebook is really turning into a content remmendation machine, not an intimate personal experience where people swap their family stories and so it's changing. in other words, they'v've got, you know, antiseptic kind ofof different content that comes from the outside and not what you're sharing with each other. stuart: and much money on the thing and-- >> i think a technological destruction. people are sharing personal information and personal stories on snapchat and other medium and this is your on-line-- >> facebook is inserting outside content into your feed. stuart: and that's-- s&p 0 is now positive for the year. okay? took us till early april. now, a look at yahoo!. verizon plans to make a first round bid for its web business. google is thinking about making an offer. what's it going on liz: they've got 6,000 plus

intellectual properties there and and a massive portfolio. and that could be their patent portfolio. 4 billion estimated. i tell you if microsoft steps in here, they could get facebookt a 10th of what it bid for. stuart: yahoo!? >> no, microsoft cou go after the patents if they split them off. they couldld go after yahoo!'s patents. stuart: they've got the money for it. we're going to do something different. look at three names, when was the last time you heard anything about ibm, intel, and cisco? are they not the forgotten high-tech companies of yesteryear, so to speak? we've forgotten about them. >> yes, we have, they're depending on their legacy business, they're trying to move into data, cloud and security. they're not getting a lot of traction. stuart: they don't move. they don't move and they're reliant on using their balance sheets to buy back stocks. they need to transition into the spaces.

stuart: i remember ibm in the '80s, '90s, not so much the early part of the century, way back when ibm was the king of the hill. >> it's a blue stock dynamic when we hahad the dot-com crash before it makes everything seem so weak. people can still look at the great entities if they canan adapt. like facebook is adapting. can they adapt to the ne world. >> they have a terrible revevene problem and keep declining and declining on revenues. forgotten tech? i like that heaeadline. shall we say-- making the running, amazon, apple, netflix. they're up today. amazon is close to 600 bucks again and apple 110 and ned fliks, 1104, 105. govevernor will soon owe more money than the entire economy produces. so says the federal reserve, the federal bean counters, i'm

not sure i understand this. the gao says soon we will owe more than one year's worth of gdp. don't we already? 19 trillion dollars in debt. 16 trillion gdp? >> that's correct, it's already ththere. you know, this comes up because the gao audits every y year, th government's books and there's yhem there and fouound nearly 140 billiodollars in overpayments going out t the door. so, why the whwhite house e is lecturing businesses howow to conduct their operations, look in your back yard and see how poorly the government conduc its. stuart: that's a reason for the ug mood. there would be massive debt and gets worse and worse and worse. >> with onperspective, the debt to save dynamic was 43%. stuart: it's now? >> effectively 100%. stuart: which, yeah, 43%. we were beginning-- >> during rld war ii liz: and what tatammy is citing doesn't include social securitien micare. >> and the democrats and

republicans aren't doing anything about it, that's the problem and that's what you're seeing happening in the polls going on right now. stuart: you would do something about it if you grew the economy. >> absolutely, you've got to grow the economy. grow the pie, don't cut it into more slices. stuart: grow the thing. and 96.2, more s stories that affect your money coming up, including president obama wants more regulation on businesses. how do you like that? look at this, a judge siding with a group which wan to remove the cross from the los angeles county seal. we've got that for you. and back to hillary clinton on the e you be is-- subway, and she's still swiping it. and she finally got back in. >> just like the rest of us. >> ♪

>> the administration is racingng to finalize a slew of regulations. the dow is up 100. these new rules and regs will affect a part of the economy. what are we talking about? >> this is what obama does with pen and paper, through the end of the year getting as much done as he can. look we're already at billion dollars the e cost. stuauart: what does he do? liz: he's pushing on an overtime pay rule, paying overtime pay at t a certain threshold. stuart: no, the story is, you're going to have to pay overtime to management liz: to management. stuart: incredible

liz: yeah, he's going full throttlend we already have him going full throttle. [laughter] >> and management gets overtime so they're going to go on the clock and if they answer a little e-mail in the arn, -- afternoon n you've got to pay them overtime? >> that's what makes the news. hundreds every month there's hundreds-- >> hold on a second, kevin kelly is with us, he's a market watcher. we've got an administration who just plain hates business. >> yeah, absolutely. and that's mostly what just happened with the treasury department cutting down the pfizer-allergan deal and that was pfizerringing back 25 billion to the united states and that's what they wanted to do. so, the problem is s that forein companieies can invest in the united states better and cheaper than the united states liz: the overtime pay rule, if you have a worker 65-440 they

get overtime under the new rule that the president wants to push out. >> small businesses across the country. stuart: i want to move on, something we're equally irate about. authorities in connecticut arrest a teacher, where there was s the massacre, he carried n a licensed gun onto the property. the judge joins us. he took it to school, under arrest, criminal charges. >> well, he will be prosecuted because the courts have held that the ability of the government to ban licensed handguns on n government propery trumps your right to br arms. because the distct of columbia versus keller apppplie in the home. once you're outside the home it's up tohe state. connecticut is not utah or montana or alabama.

stuart: judge, i'm getting irate not at the law, but at the teacher, what on earth are you thinking? >> understood and you and i are on opposite side of this. i prefer the israeli model where teachers are required to be arm and you don't see newtown massacres at all. stuart: shall we move on? >> would you be as exacerbate over the obama rule if it were anchors on television? [laughter] >> i want you to address this not that. stuart: a federal court in california sideed with a civil liberty group arguing it's unconstitutional for supervisors to place a christian cross on the l. seal. uncotitutional-- i don't know where it is, actually. >> there it is. >> on the left, the hollywood

bowl and-- >> aoss om the hollywood ball, only in california story. this is the founding seat, san gabriel and they can't have a cross. >> there are two ways to look at this. stuart: nothere isn't, there's one. >> look at it two ways, one is that this has become a secularized symbol. who the e heck cares what the symbol the government has on it, we already say in god we trust, that's on our money, and god save the united states and there are references that have become secularized. we all take christmas off even people that don't believe what it represents. and the other thing is, why did they affirmatively decide to take a conspicuous christi symbol and put it on a government s symbol. >> because they'y're anti-christian atheists and

can't stand the sight of any symbol, especially a cross. >> i'm surprised the way the federal judge went. the thinking today, these symbols are secularirized-- >> how does it infringe on your civil liberties. >> her argument, the judge's argument, it's a designation of religion over nonreligion. stuart: quick comment from you, judge, please. bernie sanders meets the pope. >> a j jewish socialist and a caththolic socialists. stuart: ohoh, stole your line. >> they'll like each other. stuart: judge, that was kwiek quick round and i appreciate it. >> do i ve to go to confession? >> no. if you live in europe and you're not happy with the migrant situation, be careful if you launch a rant. free speech h under serious attack in europe.

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>> let's show you mcdonald's stock hitting another all-time high this morning. it's the third record high this week and 11th of this calendar year. i want to move on to europe,

let's be clear, police in berlin raided ten apartments after residents posted anti-migrant views on-line. how about that? in glasgow, scotland, think before you post or you might receive a visit from us, use the internet safely. and katherine, this c't lastment you can't suppress public comment on the principal ise of the day in europe forever. it can't last, and you say? >> i would agree, but germany and europe in general has created an explosive situation for itself with this massive influx of migrants. on top of it, germany knows that it has a legacy of naziism and fascism to deal with and they're in aifficult bind no stuart: i want to refer to specifically the scotland

thing, that if one person expresses sensitivity or they are offended by somebody else's post, and it concerns migrants, for example, or muslims, then a crime has bebeen committed. the crime has been committed when somebody objects. the crime has been cmitted when somebody posts something, icich somebody else objects to. i just don't get this. >> i know, but we shouldn't be surprised. i mean, look, wewe take it for granted that the types of free speech that-- protections that we have in this country, but the united states is really unique and unlikether couountries in the degree to which we do protect free speech. >> but, mean, isn't this why the nationalist parties are rising sharply and strongly in europe? >> yeah, absolutely. and i think there's going to be even more of a backlash, both against the large numbers of migrants, as well as as you say, this repression of people's ability to talk about it and to protest.

stuart: which governments can be toppled by nationalist parties? i mean, possibly france? >> possibly. it's so hard to predict now and also, germany is going to be, it's going to be interesting to see what happens in germany in the coming months. there's a lot of unhappiness there. stuart: is there any way you can predict the end game in europe? because this problem is not going away. in fact, it's gegetting worse. what's the end gamhere? chaos, communal fightiting, totl split of europe, total elimination of all of those european union rules? what's the end game? wh is it going to happenen? >> right, i think the biggest fear is that europwill sort ofall back to the type of infighting that it was experiencing 100 years ago and you know, more what's going to be particularly concerning is if countries in the middle east are destabilized by what's going on, then these migrant flows could really become explosive.

stuart: i don't think that we inmerica quite understand the seriousness of what's going on in eure. would you agree with na?that? >> completely and we don't understand the global ramifications of instability in syria and iraq. if we understo it we'd do a lot more to ta control of it. stua: thank you very much. at the top of e hour, more campus luny, this time a sorority forced to cancel a a kentucky derby party. find out why. yeah, the second hour of "varney & company" is two minutes away.

>> we've e got a fresh story fr you, more liberal lunacy on college campuses, a dartmouth college sorority has c canceled its kentucky derby themed party after protesters claimed it was offensive.

why was it offensive? because it quote, the aesthetic of the plantatioera south. erica with us, a democrat strategy. erica, you're on the left, and it's the left that is-- you are the left was shutting down free speech on our college campuses. will you come out right now and vigorously oppose what just happened with the cancellation of this sorority party? >> i was to probe what happened because they voted to change the party theme and happened as it should with self-voting. it's a historically inaccurate characterization. the kentucky derby started aftethe civil war, it's a sporting event, not a racial event in any manner, yes, it tends to be enjoyed and attended by more white people, but that doesn't make it harkening back to slery. it's factually historically inaccurate and i i agree that college campmpuses should be a place for people to discuss and it should be open speech.

i'm a free speecech libertarian. stuart: why is it the left that endlessly puts down free speech and shuts people up if they don't age with them? >> you know, it's something that i've been disappointed in for a long time because, you know, i really truly believe that you combat bad speech with more speech and discussion, you don't combat speech with shutting it down. one of our greatest founding principles is freedom of speech. if you want to have, particularly on an academic environment, you want to have an open forum for thought. you have to have free speech. stuart: yes, you do. >> i mean, i think it's completely-- >> and what bill clinton did last night. i don't mean to interrupt you, but i'm hot under the collar about this. do you like what bill clinton did, he was confronted by black lives matter and wagged his finger. he didn't put themown, but said his piece forcefully. frankly, we ne more of it.

>> absolutely, it's a discussion, you combat speech with speech in my mind, particularly on campuses, i say again, we need to have these conversations, but they need to be conversations and they should not be shut down. they should not be forced and one-sided, but bill clinton, i think, you know, did exactly what he should have done. if he has a difference of opinion, state it. stuart: erica, you can stay right there and we'll be back to you shortly and that's a promise. okay, i've got another story for everybody here. that's pope francis shifting his tone on gays and on didivorce. here is what governor mike huckabee, he's a baptist, here is what he had to say last power. >> if people look at the real words, i saw the headlines and looked like he was going soft on the church's position regarding traditional marriage, he is not. if you read his words, he's very clear about that, that same-sex marriage falls outstsie of the biblical norm. stuart: he's saying take a fresh look, a fresh, kinind of fresh look at gays andnd divorc.

>> the pope is saying be more to toll tolerant. you can't use moral laws as if they're stones to throw at people and engage in unjust discrimination, you can't think of black and white, you haveo beore assessing to-- >> he's not come out and said gay marriage is fine and if you're divorced and a catholic, you can attend communion, he's not said that liz: he's not saying that. he saying quit using doctrine to beat up on people. >> it's back to what would jesus do. that love is love and we have to approach and the nature of parameters and choices you make in life. in civil society maybe that doesn't matter to you if you're not a catholic, but i think it doesn't hurt at least to have the conversation about what's important in life and how to move forward, while also knowing that you don't condemn people because of who they are. stuart: let's not forget, bernie sanders will meet the pope next friday. let's get that in. how about this?

look at the markets. we're doinquite well. thank you ry much. the dow is up 131. fed chair janet yellen does not expe a recession this year and that clearly helps the mark. oil bouncing back, that's had a 5 1/2, near 6% gaithere. that helpshe market. the stock market. the price of oil is close to $4a barrel again. how about the 10-year treasury? we're going to quotehis number for you frequently. that's a key interest rate. it's a barometer, actually, of how the global economy is doing. and when it's down at that level, the global economy is not doing well. to the election, the idea of an open convention becoming more like reality certainly for the republicans. i say, you can't take the nomination away from donald trump if he's got the most states, the most votes, and the most delegates. former reagan campaign director, fox news contributor, ed rollins is with us. am i right? >> good d morning, you're right

if he's got the votes. if he doesn't, there are two people running, if he he hahas the majority he'll win and he and crcruz battle it out and moe likely that cruz will be the nominee. stuart: it's not a question of taking a nomination away from trump even though he's got moroe state and legates. he gets all of his delegat to vote the first round and so do the other people. kasich gets his votes and cruz gets his votes. the second round, 70% of the delegates freed up. if you don't make it the first time basically they're free to vote whoever they want to. what cruz has done cefully, because he's been a better campaign team, they've gone to a lot of the delegates who are committed to trump by the election, and say, if it goes to a second ballot would you be more inclined to vote for me? and he has about 200, 250 right today. stuart: wait a minute, he's got 200, 250 trump delegates if f i goes to a second ballot. >> you have to understd

they're not necessarily trump. the state voted for trump. say trump gets 40 delegates then in the delegate congressmen, city council people, and the delegates are kind of like people who go all the time. they're committed by law to vote are the first time. second ballot is wide open. stuart: what do you say to this proposition, if donald trump is not the nominee, whom ever is the nominee loses because the trump people will not vote for what they will think of as an establishment republican? >> well, first of all, cruz is not an establishment-- i'm a neutral figure here, just telling you what the rules are as best i can interpret them and they're everchanging, but at this int in time it's a two-way race, it's still donald's to lose. stuart: he's got 69, 70% disapproval across the board, all ethic groups, age groups,

gender groups, you name it, he's underwater with everybody. >> he is a major-- >> you can't come back from that? >> it's not easy and he has to start beating the day lights out of everybody who ran against him, and bring them back together. if you don't get repubublicans back, you don't have 70 plus-- 90% plus of repuicans, it's ha to get independents and democrats. stuart: try this one, new york republicans, republican congressman peter king, now he's making his feelings about ted cruz very clear. wah this from yesterday's intelligencece report on fox business. >> donald trump i have some real issues with him. on the other hand in no way am i comparing him to ted cruz. ted cruz-- >> by the way, what if ted cruz is the nominee, what do you do then? >> i tell you, i don't know, i get some cyanide, i don't know what i'll do. stuart: oh, if crue is the nominee, get cyanide.

>> peter is a strorong and a lt of people feel that way about trump. stuart: do you think they'll get back together? you've got to shake your head-- >> let's say it's a real challenge. the best thing that put them back together ain is hillary clinton. stuart: when peter king says i'll look for cycyanide if it's ted cruz-- >> people ask me who i'm going to vote for. i'm going to walk i in and flip the republican switch. i live in manhattan and show the democrats there are e stilla few alive. it doe't matter who peter king votes for, we're not going to carry new york. stuart: how many rublicans are there in new york. >> not enough, not enough. stuart: we appreciate it. things are getting down right nasty on the democrat side. cbs charlie rose asked ban bernie sanders about his remark that hillary clinton is not qualified to be president. you said that senator clinton isn't qualified because she

takes super pac money and supported trade deals. >> that was in response to what she has been saying. washington post headline, quote, clinton questions whether sders is qualified to be president. >> we're getting attacked by the clclinton campaign. i want them to know we're going to resespond. stuart: erica is with us, democrats nicely bashed the anti-f-free speech people on th nation's campuses and we thank you for that, erica. and it seems to me that the this spat onon the democrat sid is almost as bad as it is on the republican side, not quite, but it's pretty bad and "the washingtgton post" says a headline this morning, saying, look, this nastiness between sanders and clinton is damaging democrats. you're a democrat, what do you say? >> i think it's just childish on bernie sanders' part. i know you are, but what am i? and the idea that she's not qualified. you can have an opinion about

her performance in the job that she has had, but you canan't dey the job she's had has made her uniquely qualified. what, she wasn't burlington mayor, she was the secretary of state stead? she's qualified. stuart: okay. do you think-- it's looking tense, it's looking tight. bernie sanders is catching her, i've not seen any late polls in the last 24 hours, but he's catching her i in new york. she can not afford to lose new york. would you say this, if she loses new york, she's done? >> well, i would say, yes, there are so many delegates in new york, but i think the thing is that what we learned from bernie's comments is that going into this convention, it will be i incredibly close, clinton did not lock it up in a landslide and now that bernie's made these attacks, the hope is that he would have a unified party come together at the convention, but we might not see at. we might see this, you know, fightiting continue through the convention, which would be very harmful for the party.

in 2008 the convention, a lot of the hillary delegates were very angry and there was a lot of animosity between the hillary and obama campaign, and it was not good for democrats overall, and so, if this kind of infighting continues to happen, i think it's going to be just disastrous for a party that needs to recover ground in state legislatures, governor's offices, congressional and senate races. it isn't just about the presidency, it's about all the other races that democrats need to win and they're going to hahave a harder ti if they can't get along tother. stuart: i sense you're getting nervous, erica, i do. a little nervousall right. >> a little. i prefer unity over disunity, inthe g.o.p. feels the same way? >> who wouldn't. thank you for being with us, appreciate that, thank you. >> sure. stuart: bill clinton calls o ou black lives matter protesters at a campaign event. what would happen if a republican did the same? we will play you t the sound bie

and d you can decide, but first though, yes, it't's friday so w will show you a bit more of this dog video. the dog playining with the balloon n trying to keep it off the ground. you've played that g game surel. that balloon neverer touches th groundnd and it goes on for a long timime. we won't play the whole thing, dodon't have time for that, but- >> it's janet yellen andnd the economy. stuart: oh. >> there she goes.

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>> dow is at its high for the day, but two that are down on the up day. first of all, the gap, today is down 7% and ruby tuesday, the restaurant chain lost more money. the company cut its profit forecast and down it goes also 1 #-- 11%. apple and paypal threatening to boycott north carolina because of their controversial bill. and most companies are in

places with much worse human rights rords. >> the other side of the story is their hypocrisy. it's remarkable, they're in malaysia, in singapore, and saudi arabia. in singapore a relationship between two men willet you in jail and that's a headquarters. >> this is bullying an attempt to push a political frame work on a state a it's the free market, but let's kn when companies do this they're not applying that same standard where they're doing business outside of this country. i thk it's hypocritical. stua: i think that apple has been getting bad publicity on different-- >> you have to ask about the shareholders. stuart: the shareholders, the market likes the stock, but hasn't gone back to its d high. and d then we've got bill clintn confronting blk lives matter protesters at a rally last night. just watch this.

>> i don't know how you would characterize the gang leaders who got 13-year-old kids hopped up on crack and sent them out onto the street to murder other african-american children. maybe you thought they were good citizens? shdidn't. she didn't. you are defending the people who killed the lives you say matter. tell the truth. stuart: with us and tclinton wags his finger-- >> you're puttining me in a difficult position having to applaud bill clinton. he was correct. i applaud him, he was spotn. i come into this biased. i grew up in hararlem in the '8

and i remember the crack epidemic, we had a neighborhood in harlem that got so o bad during some years that you had abandoned brownstones that became crack houses, so, this is a very pepersonal and real thing and took people of courage like me faer, roy ennis of the congress racial equality and bring truth to power and tell what's happening in our communities that led to reforms. stuart: : what proportion of black voters support black lives matter? >> i think less than whahat mos of the media would give. unfortunatelely, i don't have te statistic onon top of my head, but there was a poll taken a few years, actually a couple of years ago and it asked the question of black folk, do you want more police in your community, you want less police in your community or y wanant to keep it the same and when you combine the number of

blacks that wanted as much or r actually wanted more, it was exponentially higher. i ththink it was like 70% to 20 that wanted at least the same amount of police engagemenin the community or actually wawanted even more. so i think it's a minority. stuart: bill clinton last night confronted black lives matter and i thinink actually, i think he won the confrontation. had d he been the republican, could he have said what he said and not been branded a racist run out of town? >> he would have been branded a racist. i don't think he was-- he or she would have been run out of town n as a republican ad i think that times call for courage. the times call for truth telling. the reason that bernie sanders and donald trump and ted cruz are so popular is because they have image of doing the right thing even when it's unpopular and i think the times call f fo

people telling the truth about the situations regardless of what the political or the media or the popul winds are blowing on the particular day they tell the truth. stuart: real fast, off the top of your head, maybe, what do you think would be ththe proportion of african-american voters who w would vote for trup a general election, what do you thinink? >> 20%. stuart: 20%? >> by the way, and by the way, i feel the same for ted cruz, that these fololk continue to do-- i mean, ted cruz was v very brave. he wenent to the bronx and he gt lambasted for it, but i think it's a brave move and d the typ bravery and telling the truth and not pandering, but giving your point of view about the solutions to our nation's illsls that is going to win the day inevititably. there's a hunger in the black community for chan. stuart: thank you very much for joining us, we'll see you soon. >> thank you. uart: you've gotten seconds. >> reminding people about bernie sanders and blackives matter. remember, he gave up his podium

and a a miophone to them. early in the campaign,n, walked away. that's the kind of approach when dealing w with effectively bullies s like that. stuart: grovelled an apopology because he said all lives matter and instead of black lives matter. >> that's the scourge of political correctness and that's one of the reasons that mr. trump is doing so well. stuart: the masters, oh, lots of drama. jordan spieth two shots up. but look at ernie els, six putts on the first hole. we'll show you gory details later. first the highlights from our interview with gary player, fresh off his hole in one. >> it's wide open, i'll best say it would be good for golf in royer mcilroy would win and

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>> day two of the masters is underway in augusta, there's plenty of drama on day one, including a meltdown. gerri willis is a golfer and-- >> in my office, i'm saying. >> a meltdown, show me. >> 46-year-old south african 6-3, here is what happened on the very first hole of the masters. he six putts a score nine. supposed to do in four shots. stuart: right around theole, he putts it past and watch this. is it going to go in? no. oh. oh. >> we're talking tap-ins he misses from three feet he can't get it. from two feet he can't get it. he was asked later, what are

you going to do? you've not the yips, what are you going to do? he said i don't know, maybe a brain transplant. he's upset. right after the round he scocord an 80, not good. he scored an 80 and after the round he goes back to the putting green and d practicing with some of the best people. jordan spieth takes it. stuart: a two shot lead. >> jason day was supposed to be number one, and his odds have fallen draramatically. ricky fowler a guy i know you love to love goes from 15 to 1 and he shot anan 80. the win is supposed to be. stuart: breang news, we are receiving word of an active shooter situation at lackland air force base, san antonio liz: there are victitims here. this is san antonio lackland air force base. the deputies are entering and

the police are entering the base to clear it. it been on lackdown since 9:05 central time. and lackland air force base is the u.s. air force's main training base. this is all we know at this hour. we have no more information who the shooter is and how many have been injured. we know it's on lockdown right now and that police are clearing the space. stuart: we're getting this information from tweets from the unty sheriff, the information is coming from as we speak. that's live shot at san antonio, texas. all right, we'll b be following this, obviously, and we'll be back.

....

stuart: we have received word of an act if shooter situation. san antonio. there are reports of shooting victims. it is still active scene. they are our deputies inside that air force base. they are clearing buildings. it is an acif shooter scene. more on this story as it deveps, of course. we are holding onto a single digit gain. look at oil. there is a bounce back for you. a 6%ain. we have a bad pull for front runner donald trump. new numbers show 69% have an unfavorable view of donald trump.

senior political reporter r comg to us from d.c. you cannot get over negatives like that. >> what is fascinating is it this were to be a clinton and trump general election, both candidates, nothing really seems to stick to them. they are really starting to stick. that is probably the most interesting aspect of this pulling. 80% of people did not find him trustworthy. honesty is a big thing. to front-runners not trusted, how will that affect doing map. stuart: hired new staff. donald trump will grow form. mae he will stop the insult

machine. does he haveve to do this now? other than make a statement, all these things have been finding it. the how he reacted before two losses, two wins, to everything. tweets, re- tweets. it is a strategy that needs to be implemented going forward. >> fighting each other hard. just as negative as it is for them. political life in future. not going away.

>> issues that everyone had heard. this race is definitely heating up. stuart: all rig. ashley, i have to interrupt you for a second. >> according to the sheriff, there is at least one person dead in texas. the gunman is still act thereof. a massive police response. when into lockdown at 9:05 a.m. central time. still trying to clear the situation. >> .it. thank you. we heard from bernie standard. he is in new york city. world the tape.

>> i am very excited. participating. dealing with how we project morality. papaul francis has been an extraordinary person in making the world conscience of these levels of new commonwealth. >> receiving an invitation from the vatican. >> he lives in a mansion. he is not connected to the world's economic situation. looking at a world that is under socialism general. i thinit would be great if you stuck with spiritual issues.

this whole notion about the global warming and the economy. stuart: we know his point on the stock market. >> this is interesting. they have been accusing him of falling on the side of socialism. there is a fine line between being a socialist d a compassionate person. i think what we will begin to see is where people line up politically behind the pope. >> free-market capitalism. >> i know that. i am saying that specifically.

talking about income equality. that is a controversial topic. very, very definitive than whether they support this pope here at he has broken the traditional mode. stuartinvite bernie sanders. he invites bernie sanders. the democratic socialist. that is interesting. >> it is who he did not invite that is interesting to me. getting involved with politics. he said stuff abt trump. if he really wanted to get involved in politics, why not invite everybody. that is what i find interesting. knowing that his message has been compassion, is it compassion or is it socialism?

stuart: you think that markets are going to go down. we hava triple digit gain. 176. you still cling to -- you still believe that sooner or later central bankeraround the world , sooner or later, it hit us and we me down sharply.. >> ignorance is bliss until reality shows up. this bed has been scessful exponentially. now we are dealing with the ominous possibility and likelihood that earnin will be disastrous. we have seen mr. klein. it makes it real obvious that there are numbers that will come out.

>> o year ago. 18% higher. >> down 18%. there is an earngs season coming up. >> keep in mind, eight and a half% warning. right now, you could stay with the fed rhetoric. >> expecting a recession this year. i think it is a her run this thing to say. all of a sudden she is becoming all-powerful that she can determine what asset prices are inflated. this is all based on false confidence. one thing you cannot escape, why investors have to protect

themselves. you cannot escape this constant compounding of debt. this earnings recession is what i haveve been saying all along. >> jpmorgan's chief. jamie dimon says the country is facing economic disaster. i think that is his words. eological walls. wewe are not touching social security. there is no worlrld form. going deeper and deeper ininto debt. i think you'd pull her closer. >> i would think much closer. there is a d dynamic happening among the banking system which is being negatively impacted. even thougugh he is saying, lets face it.

politicians are fighting. they are not offering any solutions to anyone. they are fighting with each other. i believe it will be getting another part of the unwinding. the banking system. it is very horrible. >> you dealt with janet yellen. that is pretty good goingng. let me talk our a audience about some really big names. green arrows. that is this week. all doing really well. pfizer, merck and mcdonald's are the winners of this week.

up 8%. pfizer has the deal with our gent. that is out. mcdonald's gets an all-time high. france and asia. all day breakfast doing really well for mickey d's. stuart: more now on that act if shooters situation. >> this could be a murder suicide. it continues to clear r the are. we will stay on the orr or you. stuart: we will be back in just a moment. more varney ter this. ♪

>> here is what you missed at the top of the hour. ed rollins take on donald trump. >> he has 69-70% disapproval across the board. he cannot come back from that. >> it is not easy. start ringing those people together. you do not have 70 plus% of

republicans. ♪

>> did you catch this story that we were reporting yesterday. 9 million of the 22 mimillion people that have student loans are not paying their monthly payments. ashley pratt is still with us. you are a millennial. we are working right up towards a bailout. a resistible to the left. do not worry about those student loans.s. vote for me. young people cannot get over the fact that they need to grow up and pay up. five years graduated from college. i am still paying monthly. you pick up money to go to school. that is a debt that you need to pay back.

it is ridicous. stuart: how do you feel about it? you are still paying off. how do you feeeel about that? >> my tax dollars at one point, my hard earned money will go towards paying for people that no longer choose to pay off their debt. >> tre is a sharp ending to our interview. >> next case. the o'reilly factor last night. suggesting and underlying meaning. new york values. world tape. >> that anti-semitic implications, the coded message that he put out there, he says

new york values to a bunch of evangelicals. he is pointing to pause io, cuomo. stuart: there is the argument. bill o'reilly says, no, you have it wrong. manhattan republican party chair. there is a republican party in manhattan. that statement was called for anti-semitism. >> i say that there was a slight tone to that. i agree with them to some extent. i think it was a shortsighted move. he thought that he would do

anything to win iowa. for variety of reasons, you can call it an anti-wall street vi, but it was shortsighted. everywhe, theyalk about the new york values. while who's over it. stuart: this is a stupid question. how did republicans are there in manhattan? >> more than 100,000. twenty consecutive years. >> they are registered republicans. >> we have independence.

stuart: i am going to cut th short. i do apologize for that. the air force base in texas. stuart: to dad at the air force base. no word ofof injuries at this time. schools and child care centers also in lockdown. stuart: we will be back. more after this. ♪

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>> this is not a happy country right now. the mood is ugly. divided. it is not just the haunted contested election. obama readies a theory of regulations. again, businesses being treated as t enemy. a few last kicks in before he leaves. relentlessly by african-americans.

he barely finished his speec he barely finished. widespread resentment and students that dend save space. they don't have to listen to anybody's position but their ow headline in e washingtonost. increasingly nasty clinton and sanders race. among republicans. trump still talks about whining ted. tataking the weekend off. watching golf. it will only be a tempary escape. nations ugly move isot going away. hope a change draws to a ally ba

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>> almost 11:00 o'clock here on that east coast. monitoring that live shooters situation. >> we do have a report of a sheriff spokesperson. they have coinued to clear. we will continue on this story for you. >> think terrorism. a police report is no murder suicide. >> prosecutorsre saying there are several more arrests. >>hat is correct. a serious man in a white fishing hat. they'll jump prosecutors confirming they have me several arrests.

this is the bombing that killed 32. injured more than 3200. >> we do not know that yet i wish we did. >> the dow indeed is still up. th is where we are this friday morning. a bounce back from yesterday's big drop. politics. the democrats. an opinion of mine. just as split are the republicans. hillary clinton, bernie sanders. julie, to you, first. the nastiness of the fight between bernie and hillary i is damaging democrats. >> it is not holding. for sure.

that is something that rerepublicans will use against r in the general election. the diererence, i will take issue with something that he said. facing a support of the other nominee. crews v-l-lowercase-letter. i do not think jfk would recognize that right now. 5% growth. big government and no growth. >> competition. nothing wrong with having differences of opinions. on the republican side, though, there is not as much of a dynamic. that is what will alternately but make the republican stronger. >> and ugly mood in america.

discontent is out there. i do not tnk that he is going away anytime soon. speaker of the house paul ryan. some say, well, he may be eparing for a presidential run. >> look, it is amazing. it is a miracle. he is cool i. probably the quietest speaker of the house that we have ever had. you are aggressive. you are ambitious. anything is possible. if ty think that they will bring in a paul ryan, against 2000 trump. crews delegates, they have another thing. >> paul ryan has not gotten one vote from oneepublican.

>> you cannot have a ninee that h has never won a single state. has not gotten a single vote. >> that is just speculation surrounding the tv ad from paul ryan. >> i will speak to theouse. >> a real big-time confrontation with black lives matter protesters at a meeting in philadelphia last night. i say he did the right day. he was pointing his finger. he was red in the face. >> policy discussion. telling that to get out. >> bill clinton did exactly the right thing. >> i do not know how you would

characterize the ones that got 13 all kids caught up on crack. sent out othe streets to murder other african american children. maybe you thought that they were good citizens. she did not. tell them ththe truth. >> i think that you did exactly the right payaying in exactly te right way. did you help or hurt hillary? >> what he said was, policing in this bill. back in the american community. >> the 1994 joe biden. >> bernie sanders is surging. they want to end the nonsense. it really was a big difference.

dynamic of a pushback. >> i would h have thought that this would have very much been in hillary's favor. she has have the minority vote on her side. >> let's not discount how my people truly despises bill. it did have unintended consequences. charges that they should not have been locked up on. >> i truly believe. not talking about what is going down. a split intel yesterday. >> i heard that clip. i am now conservative. that is where the split is.

i was a liberal with the clintons. look at where i sit on the line now. >> do not forget. >> the water is good. >> the same woman that was there in 92. [laughter] >> thank you very much indeed did back to o the numbers. look at this. 40% o of people with student los have not been making their monthly payments. stephen heywood is with us. he is a professor at pepperdine university. i do not think that you are. try this one. those numbers are people not paying off their student loans.

it strikes me that we have a bailout coming. do you agree? >> i think that that is probably right. i would have a massive sure position right now. the cost of higher education has been s soaring for decades. higher than the rate of increase in housing. higher than the cost of healthcare. i am not surprised. a lot of students are saying wait a minute. i ha been encouraged to load up on dad. i thk that there is a bubble coming. >> let me bring you up to speed. protesters claimed it was offensive. it was racially offensive. this is such nonsesense.

this is my opinion now. it brings the college. >> i am old enough to remember the 1960s. if i were a leftist, i would be deeply embarrassed right now. the students were protesting real civil rightss problems. we'll segregate in. now we get upset when somebody writes something with chocolate and a sidewalk. it is just pathetic what is going on on campus. i said my own children, i want them to go up off and run up against each other with intellecalal ideas. it is ideas. first size office said. a safe space so you do not have

to listen to somebodydy with a holistic point of view. that is what gets people so exasrated. >> back in those days, no one talked aboutafe spaces. instead they said we want to be adults. we want to engage the world. by the way, in the 60s, they did that without lawyers present. it is really astonishing. a good comparison you can make, it looked almost like conservatives today the issues that they talked about. their whole overall demeanor. i remember it very well. free speech. now you have the precise opposite.

>> universities have a dark future. it does not grow out of the 60s. what we really need now is onone to stand up and say this. if you do not like it here, you can go to college somewhere se. we just found a new frequent guest on "varney & company." come back every day of the week. stephen, thank y you very much indeed. >> i went there. it is a great campus u there. a cold on divorce. we will tell you what he says. >> the video was so long. >> very smart. another episode of the new fox

business progr. it airs tonight on fbn. ♪

faith to we have a developing story from thjustice department. breaking into a drug dealer's phone. a drug he alert and brooklyn. rejecting this. it was unconstitutional. via cour order. the fbi does have a technique to get into an older model. this ia ner model. it is an issue here. they need ple's help. th fight is ill on between apple and the fbi.

theyey. stuart: there is no reaction whatsoever. even as a result. give ua search warrant. e judge ruled in apple's vor. the fbi. if you listen carefully, two nights ago, it was we purchased our way into the iphone5. they cannott do that with the iphone six. >> you caught me.

[laughter] pope frais issuing new guidelines on family life. a greater understandinand support. for the lg bt community. just a chain in tone. b mac and unofficial english translation. it comes out officially and i tell you in. 6:00 o'clock this morning. the official english version is not out yet. this is what will cause the traditionalist to be upset. the pope is authorizing local bishops. whether or not to grant sacraments. >> by divorced and remarried

couples. it will probably start immediately in germany. almost having to radically caolic churches. >> the pope weighs in, so to speak, by wanting to be more understanding. >> to senate / cheerapp. people who think like he does. we need to change things. the other senate was more traditional. we wanted to have that. what his advisors told him. what he knew. and the teaching authority. what he wants to call it. you want to do that. what it was about bernie sanders. the socialist.

there is no truth in that. no left wing open though modern era. he does not view the aditional teachings the same way as his 20 and 21st century that assessors. stuart: already. hear you. good to see you on a friday. isis making a lot of money off stolen items from ancien ruins. the 100th anniversary, 100 indeed anniversary. there it is. i will join. john andretti out there on the streets. i have to look at it. ♪

stuart: i have more breaking news from brussels. arrested and wanted in connection with the paris attack. he is likely the man -- cuse

me. you will see him on the video right now. the attacks on the brussels airport. hehe is around 31 years old. also arrested and talking to authorits again. a key suspect arrested. one final point. the reports indicate that this terrorist travel to the uk list taking surveillance footage of football stadiums in the uk. >> a little chilling indeed. isis. wa for it. $200 million. just last year from now one site.

moving the elements to the local markets. they have all of these kinds of documents. using these cities in turkey. >> they have gone into some of the museum's fair. a lot of it was ripped up and taken away. $20000 million. >> yes. stuart: donald trump releasing new ad. slamamming senator cruz. a cruz campaigner will jn us in a moment. ♪ 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

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stuart: we've lost a lot of the gain. we were up 150, i think, at some point, maybe 130. now we're up 92. we are still moving higher, 17,634 on this friday morning. now this. the trump campaign, a lot of criticism for not providing moy they said they were going to provide t to the veterans. the trump campaign has responded. the story came from charlie gasparinino in the first place, and now the campaign has responded.

they say they give money to 22 veteran charities, and this is what t they add. this is a very long sentence. if the media spent half as much time highlighting the work of these groups and how our veterans have been so mistreated rather than trying to disparage mr. trump's generosity, for which he had no obligation, we would all be better off. gasparinis here. okay, charlie -- >> kind of a dopey statement, if you ask me, but go ahead. [laughter] no, it is. here's thehe thing. donald trump skipped the fox news debate. stuart: yep. >> right? pause he had a a problem -- because he had a proroblem with one of the m moderators. he chose to o raise some money. he said, not us, he raised $6 million. by the way, that's not $6 billion. it's $6 million which is not a lot of money for a guy who's worth allegedly $10 billion. stuart: but he did say it was going to the veterans. >> he said it t was. stuart: did it? >> fox business was first, waited a month you would think if you make a big thining out of it, you know,

the ney's signed, sealed and delivered. waited a month, and we found at the time about a million dollars was s given out. after we reported it, cnn found out t that there was a little me given out, andnd then the journl now three months later or r two months, eight weweeks, ten weeks later is now findingng that less than half has been doled out. and i would just say this, when you'rere worth $10 billion allegegedly, coming up with $6 million is a a drop in the buck. hank greenberg gave $10 million to jeb bush. it's a blink for these really rich guys. stuart: but it wasn't donald trump's $6 million. >> he said he called up all these people, and d he touted te rich guys like carl icahn, that they ponied up, and they gave, they pledged $6 million, and he's got it, and the groups are going to get it. if you're going to do something like that, hold ththat type of g and pony show, you either give the money -- by the way, why didn't he just pull it out of his pocket? stuart: fair point.

you sasay this statement digresses. >> it misses the bigr point. if you're going to -- one of the problems i think w with the trup campaign, it's all hat, no cattle in a lot of respects. yeah, we're raising, we're doing this, we're doing that, we're raising money for vets and we don't give the money to vets. and, you know,w, it's one thingo be lambasting reporters. when you're shortchanging veterans after promising them, that's when this thing gets a little bit out of hand. and i think, you know, there's a real question here. if you're going to promise x and not deliver x, can we trust you to promise on building a wall? can we trust you to promise on all the other stuff you said? stuart: you've just created ammunition for the non-trump people to go at trump with. that's what -- >> i hate to say it but, you know, i don't need to create anything. he does it all himself. stuart: that's true. but you dug it up, you got it. it's your story, and i think a lot of people are going to run with it. >> appreciate it. stuart: thank you very much, sir. dold trump releasing a new ad.

it slamsenenator ted cruz for his new york values comment, okay? roll that tape. >> everyone e understands that e values in new york city focus around money and media. >> iaw something that no place on earth could have ndled more beautifully, more humanely than new york. ♪ ♪ stuart: all right. come on nirina siewkerman, new yorkampaign organizer for ted cruz. welcome to the program. >> thank you. stuart: now, can he turn that around? ted cruzharsh criticism for what he said. can he turn it around? >> i think he's more than turn around. i think senator cruz is building or very strong momentum in new york by visiting communities that have been long overlooked even by new new yorkers such as donald trump. stuart: well, hold on a second. back in congress ted cruz

rejected some 9/11 compensation payments to firefighters. he rejected so money going to sandy -- >> hurricane sandy. stuart: thanks, liz. hurricane sandy victims. that was all part of the new york values quote that trump's going after.r. i don't think he's going to turn this arounjust by visiting some communities. >> i disagree strongly. i think senator cruz is building a very strong momentum in terms of being forthright, clear and not flip-flopping every two minutes. and i think that's actually appealing to new yorkers. stuart: he's still third. >> there's a long time before the election, and polls have been inaccurate in the past. stuart: he was run out of town when he went into the bronx. he got a hundred people to look at him, and they were hostile. >> that's a very poor rereflectn on that particular group of people, and it reflects well on senator cruz for reaching out to communities at have been

consistently overlooked. stuart: okay, which communities has he reached out to? >> he has reached out to the south bronx, and he has also reached out to the mostly russian jewish community in brighton beach just yesterday. stuart: w, a lot of people -- not a lot of people, but some people have e raised the issue that if you say i new york values, basical that is code for an anti-semitic statatement. because he did, ted cruz did link it to money and media. that's the old trope of jewish control of both, isn't it? >> i think that reveals more about the people who make the trope than about senator cruz who has an excellent record in the senate of supportingssues that have been central to the jewish community. stuart: okay. >> that's a very good point about the makers. look, when i heard that, i thght liberals. i'm a new new yorker, and that is the sense of new york, is liberalism. and that's what i thought when i heard that, liberal controof the media, right? i mean, this is hillary clinton

and goldman chchs, i mean, it's liberals in control of our communication. that's what i heard from senator cruz. stuart: last question. if ted cruz is not the nominee, itit's donald trump just say, would you support donald trumpsome. >> no. i would writite in senator crurs name. stuart: you'd write in senator cruz's name? >> that's correct. stuart: so any kind of republican unity ain't going to happen? >> i don't consider nald trump a rong republican or a republican for that matter at all. stuart: okay. you're an attorney as well, i believe. >> i am. stuart: there you go. thank you very much for being with us this morning. >> thank you. stuart: thank you. all right. breaking news, this is happening right now. large fire at a refinery. this is in pasadena, texas, okay? not pasadena, california. this is texas. dramatic pictures, as you can see. no word on how the fire started or if there are any injuries, but that is most interesting video. a lot of carbon being belched

out right there. >> and now this, you're getting a live look at the stinger. it's outside the studios here, 48th street, manhattan. i'm going to -- it will be auctioned next month in celebration of the 100th running of the indianapolis 500 race. th benefit st. jude's children's research hospital. >> i see you driving around manhattan in that all the me. [laughter] itit's very general rouse of you -- generous of you to be ging up your wheels. stuart: i'm going to get a closer look at it in a couplof minutes. >> you keep pretending. [laughter] strt: i'm going to go. right now we're joined by joel. he is a cancer survivor. and if i'm not mistaken, you were treated by s jude's. you're a st. jude's guy. >> i am. stuart: and the proceeds from the sale of that car, the auction, their going to st. jude's. >> absolutely. i was treated at st. jude's 28 years ago. i was treated for bone cancer in my right shoulder. had about a year of --

stuart: you've lost your right arm. >> had to have it amputated to get rid of the cancer. stuart: did yoyou start out at st. jude's? >> i did. and the wonderful thing about st. jude, no family has to pay for anything. we take care of treatment, travel, housing and food. when my parents got there, they had to focus on me and helping me get better. stuart: how long were now in treatment? >> i was there for one full year. they totally covovered everythig and paid for me to fly back and forth from chattanooga to memphis, tennessee. stuart: how did your parents get you into the program? >> so we had aoctor who saw the tumor, and he'd done his fellowship at st. jude, and hehe knew they had a good protocol for my type of tumor, so he referred us. uart: somebody told me that it was a huge tumor. >> it was fairly big. i don't know the exact size of it. it 2008 broke a bone in -- it actually broke a bone in my arm. i was right-handed when i was a child, my parents noticed i

stopped using g my right hand -- stuart: how many years ago is thisesome. >> 28 years ago now. stuart: are you totally okay? >> i'm dng great. after my yeaofof treatment, i've been cancer-free ever since. next weekend i'm going to leave to do a half in man. >> you really? >> i'm doing fantastic because of the work that goes on -- >> how old were you when you went into the hospital?? >> i was 7 years old. >> and you're here. and you're going tdo a triathlon? >> this'll be my 11th, because the hospital gave me life. >> wo hoo! stuart: that must have been millions of dollars worth treatment. i an, really. extraordinary. >> and we never saw a bill. stuart: you know what the treatment was? beuse you're totally cancer free 28 years later. >> it was four rounds of four different typeof chemotherapy, and it lasted right at a year, and that's about the same protocol osteosarcoma has now. stuart: that's a tumor on the bone >> yes, sir. stuart: that's what it is? >> and the radical removal, so that's key, being able to do

that. and, boy, what a blessing. >> oh, i it's been amazing. if you look at st. jude's since we opened our doors in 1962. childhood cancer survival rarats werere only 28%, today it's more than 80%. that amazing. stuart: young man -- i thihink you're a young man. [laughter] >> hope so. stuart: you stay right there, because i'm going to make my way outside, i'm going to meet the race car driver, john andretti, in a moment, and i'm going to give our viewers a close look at the car and see if we can get some real money for it. >> yeah. >> yea! lelet's go for it. let's rev it up. >> this audience is ccessful. pony up. [laughter] stuart: we've got a very wealthy audience. pony up, sports fans. >> they know what they're doing, ey're watching. stuart: outside in one minute. ♪ ♪

♪ ?rsh i'm nicole petallides. stocks are off the highs of the daday, had been up over 150 pois on the dow, right now up 61, the s&p 500 up 7 and the nasdaq up ju 1 point at this moment. we've seen e eight of the ten sectors with up arrows, energy being the best of thbunch as oil surges above $39. chesapeake and devon energy, for

example, some of those have been some of the leaders.s. then we take a look at elllle brands, bath and body works doing g some restructuring, layoffs of maybe 200. alsoso the catalog, well, some y actually be done. some people will be disappointed about that. apparel worries because the e gp has had inventory issues, , and that's down 12%, dragging down ununder armour, north stone, urn outfitteters as well. start your d day right here on x business, five a.m. every day. i'll see you there with lawyer sinetti. but not ery insurance company understands the life behind it. for those who've served and the families that have supported them, we offer our best service in r return. usaa. we know whatt means to serve. get an insurance quote and see why 92% of our members plano stay for life.

stuart: ladies and gentlemen, i give you this car. i'm to not giving it to you, it's going on auction. and i'm with john andretti, the nephew of the great mario? >> that's correct. stuart: at are you going to do with this car? speak. [laughter] >> well, tammy wentworth had this car built in 2011 to commemorate the 100th anniversary of the indianapolis motor speedway. and we've created it to be a replica, modern day interpretation of the car that won in 1911. stuart: ah, the wasp. >> that's why is is called the stinger. stuart: there's all kinds of, there's signatures all over this thing. >> that's exactly right. in 2011 all the drivers that were living, the indy 500 drivers' names a are on the car. the winner's name on the cover except for a.j. foytand we've

gone around the country e lastst five years to collect these signatures. stuart: this is a fincial program, so i have to ask you about money. how much did this thing cost to build, and how much do you expect to get for it at auction which will go to st. jude's? speak. [laughter] or. >> well, theve paid all the bills on it concern. stuart: how much? >> i couldn't tell you. it's a pretty big number. but also honda has donated a race-winning engine for it, firestone is donating the tires, so we have oer people involved, barrett jackson is going to be doing the auction. stuart: when is the auctn? >> it's may 25th. it'll be in indianapolis. it's a private auction. to go and register you go to win the world cares. stuart: okay. i'm going to bring in a dy from st. jude's and her daughter who is a st. jude's patient, that correct? and your name is? >> kentucky la. >> and your name is? >> courtney. stuart: you wanthis thing to

be auctioned off for a great deal of money, correct? >> absolutely. lots of money. stuart: do y like the car? >> i love the car. stuart: i'm betting a million dollars at least. what do you say? >> it's going to go for at lea a million if not more. stuart: you're hoping for a lot more. >> in a way it's a thank you to fox for bringing it on because it's about getting the word out about st. jude and all that because so much more happens than what we're raising here. stuart: well, let's talk to this young lady here. now, you're a patient. are you well now? >> very well. stuart: you are, aren't you? [laughter] very well, indeed. and you've been at st. jude's for treatment all the way through? >> yes. stuart: did they treat you good? >> yes. [laughter] very good. strt: and you're mom, and you didn't have to pay a dime. >> not at all. never saw a bill, and we've been there now ten years, and they've just taken such great care of us. out stuart you've been in treatment for ten years? this young lady? >> so we're out of treatment

now, but it's all our follow-ups, mris making sure she stays s healthy -- stuart: are you well? >> very, very, very well. stuart: don't you love it? [laughter] you've got to tell me again when the auction isis. >> it's going to be may 25th in indianapis. stuart: do i have to go to it, or can i bid by y phone? >> we prefer you to be there because there's going be the indy 500 champions, there's going to be entertainment, great food, and it's going to be a private auction. stuart: great food? great car. [laughter] okay. thanks very much for joining us. we apprecie you being here. good luck with the auction. i think you're doing a fantastic thing, i really do. >> thank you for your support. stuart: all right, everybody. back in a moment. there's more "varney" to come. a. parnell is focused on delivering innovative solutions to unmetanimal health needs in the 70 billion dollar pet market. we have core competences in drug discovery and development, regulatory filings, we have our own fda approved manufacturing facility and we have a

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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. stua: this is happening right now, a large fire, and it's at a refinery, and it's in pasadena, texas. dramatic picres coming in. no word on how this fire started or if there are any injuries, but it is a refinery. that's a big fire. now,ake a look at the dow industrials. i'm going to call in the low of the day. we had been up 10, 130 points, now we're up just 43 pointses, 42 points. maybe some danger signals there as you head towards the weekend. what's going to happen friday afternoon? i don't know, but stay tuned to the fox business network. and then let's get back to politics.

i'm going to call this a rotten, lousy poll for the gop front-runner, donald trump. here are the numbers. 69% say they have an unfavorable view of donald trump. tammy bruce, that is a terrible -- you can't win with negatives like that. >> well, look, these are snapshots in the moment responding to we know that there is just this barreling of bad press, of attacks in the media, so they're responding to what in the news, what the tone is and all of that. but this is also a sign of what the media will do to whomever is the frt-runner, the nominee in the summer. so this is a time for both mr. cruz and mr. trump to adjust to the nature of what the media does and to try to overcome it. stuart: : any chance there is se trump shaming going on here? by that i mean somebody calls you up and they say do you support donald trump, and you're unwill to say yes. >> yeah, well, exactly. look, especially depends on who's in the room, room, what yr family's thinking, and then when

you go into that vototing booth. what we've seen with mr. trump, his likability numbers doesn't affect whether someone might support and vote for him because people realize we're not electing aoyfriend, we're electing someone who can take care of business. and you can be a jerk and be a really good president. i prer a really nice guy and a nice president combined, but people realize that this is not necessarily a personality contest. stuart: but, you know, when you pull that lever, when you vote for a president, youou know youe going to see that peperson for e next four years day in, day out. >> yes, it w will be helpful, ad there's enough time for mr. trump and senator cruz to adjust themselves, to address in the snapshots that are taken. stuart: i think during your time on "varney & company," you've become a conservative. >> obviously. yes, that is exactly what happened. it didn't even occur to me. it's you. stuart: still on politics, tammy. donald trump and ted cruz have called for john kasich, just drop out of the race, please. they say he is stealing votes

from them. come on in, a kasich supporter. you know, it's a long shot, isn't it? [laughter] i mean, it's -- the idea that john kasich could beme the nominee, that is a huge long shot, isn't it? >> it's an exciting one, isn't it? be. [laughter] it's a great possibility. i'm looking forward to being a delegate for governor kasich. stuart: but you can understand their reasoning, can't you? i mean -- >> well, sure, but look -- stuart: marco rubio's got more delegatetes -- will and he's holding on to them. stuart: let's solidify aund cruz or trump. >> no, absolutely not. there's no reason why the governor should get out. he still has a very strong message, he still has plty of money in the bank, he's got lots of people who are very excxcited about the possibility of govern kasich being our next president and, quite honestly, if you have, you know, still the debacle going on between donald trump and senator cruz, people are going to be sick and tired

of it by the time it's second round ballot at the -- stuart: maybe. i like him. i've known john kasich for many, many years, and the man is personally a really good man, no question about it. >> he is. stuart: he's a good man. but he's very much a long shot. and on this program, he told me flat out there was zero chance that he would be vice president to anyone. so you really are going for the absolute longest of long sts to make him thnominee. >> yes, i am. i'm going to stick with governor kasich. there's been aboutight or ten polls nationally that show governor kasich as the only one out of those three that can actually beat hillary clinton. uauart: last one, ten seconds. if your man is not the guy, would you support ump? would you support ted cruz? >> i would. i would support our nominee. strt: there's unity for you. you se there's unity ght there. [laughr] thanks very much for joining us. i'm sorry i'm so short on time. >> oh, no, i appreciate it. stuart: thanks very mu, indeed. >> thank you.

stuart: all right. we will have more "varney" in just a moment.

stuart: get this rly moving.

tammy, thanks for being with us. our time is up. neil: stuart, thank you very much. we're getting new developments now on this paris taker who might, in fact -- attacker who might be the terror suspect believed to have been that guy in the hat in that brussels airport scene, the one who was later identified walking around the streets. they had about eight minutes of video of him sorofof perusing around the streets after leaving the brussels airport. if true and that is the guy, that is a very, very big deal. we'll give you the latest on that. in the meantime, let's take a look at what's happening on the corner of wall and broad. big selloff, the stay day is still young though. all of this in the face of new regulations the president wants to ready for the financial