tv Varney Company FOX Business June 2, 2016 9:00am-12:01pm EDT
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and she's got 97% of the delegates and we know that. maria: great to see you, thanks for joining us, great show today, guys. that will do it for us, same time same place, "varney & company" begins right now, stuart, take it away. stuart: yes, indeed it does. five days until the california primary and hillary is fighting for her political life and donald trump, there is pushback against him. good morning, everyone, in california, it's about momentum, bernie has momentum, hillary does not. she's now in a statistical dead heat with bernie, they vote on tuesday. and then this, after the last reports of e-mails, the likelihood of indictment is increasing. her defense is attack. today she goes after donald trump on foreign policy. and here comes pushback for trump himself. the golfers association is taking a tournament away from his course in florida and giving it to mexico. he's taking sharp criticism for his business practices at trump
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university and yes, having some trouble getting name brand republicans to attend the convention. hillary will bash him on every subject possible. and have you ever seen an election like this? so try this one, saudi arabia will invest over $3 billion in uber. makes sense. saudi women use uber a lot because they're not allowed to drive. "varney & company" is about to begin. knit night ♪ >> secretary clinton arriving here and putting you on my snapchat. welcome to jersey. >> to be here in jersey. stuart: hillary clinton dancing away in new jersey and she's on to california making her big foreign policy speech. she's going to take some direct
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shots at trump's foreign policy and his stance on nato, nukes, torture, all will be in the spotlight from hillary today. check out the market, this is thursday morning. where are we going? slightly lower. down about 50 points when that opening bell rings. a look at the price of oil. remember, opec meets today and output cap is on the table, but not getting that much serious discussion, we hear. all right, ashley, markets on hold because of the jobs report tomorrow. >> correct, the jobs report tomorrow, we just got the adp. i want to mention that, private hiring numbers came in at 173,000 new jobs created in the private sector in the month of may. okay, but where did those jobs come from? all of them, 175,000 came in the service sector. the actual number of people in goods producing companies lost a thousand jobs, so it's misleading to give you a headline number. what kind of jobs? 175 in the service sector. stuart: and that tends to be lower pay than manufacturing, for example. >> minimum wage.
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stuart: good one, ash. thanks very much. look at amazon, we cover the stock a lot because it's another all-time lifetime high yesterday. i think that high was what, 127, i think yesterday. it will be around this morning. >> 1.5 trillion annual, amazon could take a bite of that. berkshire hathaway, exxonmobil, this is a big play with amazon. stuart: it's like the election, who would have thought? i think it is. let's get to the election, hillary clinton punching back right at donald trump. watch this. >> this is just more evidence that donald trump himself is a fraud. he is trying to scam america
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the way he scammed all those people at trump u. he doesn't want to unify us, he wants to divide us. that's why he started his campaign attack people and he hasn't stopped. stuart: that's a full frontal attack. joining us is mike huckabee, governor mike huckabee. that sounded like an effective pushback against trump. what say you? >> i don't think so. i told megyn kelly last night that having hillary clinton try to go after donald trump for fraud is like pee-wee herman going off james bond and teaching him about the art of masculinity. for heaven's sake, hillary clinton has plenty of things to worry about and i don't think that this is having any effect at all and i think it's going to roll past trump. stuart: here is another problem for trump, as i see it. he really needs unity at the convention. but so far, you know, he can't get those name brand republicans to show up and he's attacked the chair of the republican governor's
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association, susanna martinez, governor of new mexico. should he be doing that? >> look, if we talked about what someone should be doing, donald trump has violated every kind of protocol that normally would happen, but guess what? he is the undisputed presumptive nominee, he's going to go into that convention as our nominee and he will go on in november and he will beat hillary clinton. so, i would be the last person to try to tell you what he should be doing. what republicans should be doing, they need to get over the fact that their first choice, whoever that might have been, is not going to be the nominee and they need to unite behind donald trump and i think over 90% of the republicans have. you have a few holdouts, kind of like japanese soldiers hiding out in caves 30 years after world war ii had ended who just refused to believe it was over. but, stuart, it's over. donald trump is the nominee. stuart: japanese soldiers holed up in caves 30 years after the
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war. i didn't know how you'd bring that one in, but you did. do you think that we will be, all of us, myself included, will we be as entertained by donald trump after another six months of donald trump? will we? >> i think so. i mean, he has staying power. let's go back and remember that, you know, less than a year ago, there were people who were saying he'll never run-- or just over a year ago, he'll never run, he won't make it past the summer. he won't get 2%. he won't show up for the iowa caucuses on and on, everything that the experts predicted have been wrong. so, let's assume donald trump is clearly defying all the political gravity and i think it's because people are sick of the political conventions by conventions, i don't mean the actual event. i'm talking about the conventional wisdom how to run it and exploded it. good, we needed it to be blown
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up and he's done it and thank god for it. stuart: okay, mike huckabee telling how he sees it really is. come back and see us soon. we like this breath of fresh air. >> thanks, stuart. stuart: here is why hillary is in a fight for her political life. she's now in a dead heat with bernie sanders in california. according to the late wall street journal poll. it's within the margin of error. that's a totally different story from a couple of weeks ago. she's in the fight for her life, isn't she? >> no, she's not. stuart: please, let me just explain this. i'm not talking about delegates. i have no question whatsoever that she will be the nominee. she'll come out of that convention as the nominee, i've got it. i understand that. >> okay. stuart: but if she-- she loses california that's a terrible loss of face, isn't it? it's a loss of momentum. >> i don't think it's a lost-- >> it's a loss of prestige.
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she's the democratic nominee and can't win the biggest, most bluest state we've got? >> she has a likability problem. i'm a far left loon, apparently, but i understand that she has an image problem throughout the entire country. it isn't just california. bernie sanders has been beating her up in state after state after state and that's what he's pointed to about the political system being so confusing that she has these delegates, buts' winning in states and he has something like in nevada where the whole convention was up in-- >> so she is in the fight for her political life. >> i don't think it's california. i don't think that the impact on california alone is what the message is. the message is throughout the united states, as governor huckabee said, whether you're on the left or right, people are upset. they like the insurgents. they like persony sanders: they like donald trump even though they're totally different candidates. it's the sense that they're not
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the establishment and she needs to look at that going into november. >> is there any doubt in your mind and i'm asking seriously now, that she will be the democrat nominee? i ask that because of this new likelihood of an indictment. a mess at the convention. and we're about to interview someone from the nurse's and they're going to be at the convention. >> can i just say one thing, democrat delegates make a pledge to support. they're not bound as the g.o.p. delegates. so those delegates could swing once they see the polls turn against hillary. >> and bernie sanders says he's going into the convention. stuart: she's in the political fight for her life. >> every day has been a fight for her, every single day. this has not been an easy convention-- not convention, campaign, campaign is the word. stuart: i didn't mean to interrupt you.
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breaking news it's happening, is this opec. ashley: reuters is reporting that opec has agreed to no policy change and no implementation of some sort of output ceiling. so that's going to put pressure, downward pressure on oil. it's interesting because, you know, saudi arabia changed out their oil minister and there was a belief maybe they would be more coordinated. absolutely not. saudi arabia doing battle with iran. it's all about market share and they're all pumping to the hilt. stuart: oil is coming down after that news. ashley: correct. stuart: that news is hitting the market. oil is down and i noticed that stock is going to be down, 50 down for the dow and 50 cents lower for oil. i was just saying the country's largest nurses union is backing bernie sanders and threatening to disrupt the democrats convention if hillary is the nominee. we're talking to the co-president of that union later this hour. they want, by the way, a single payer health care system just like britain.
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a legally blind man suing mcdonald's and you're not going to believe the reason why. our legal system at its finest and we'll explain that. hillary clinton on the attack and she's making-- blasting the policy proposals. new developments in the hillary clinton e-mail scandal. sources telling fox that an indictment is more likely than ever, judge napolitano on that after this break. you wouldn't order szechuan without checking the spice level. it really opens the passages. waiter. water. so why would you invest without checking brokercheck? check your broker with brokercheck. poallergies?reather. stuffy nose? can't sleep? take that.
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>> now, where is oil, bearing in mind that reuters is not going to change its output policy. no output, down nearly a buck now. stock futures are also moving a bit lower. more on that in a moment. the state department inspector general report found hillary clinton broke government rules with her personal e-mail use and that, reportedly, is turning up the heat for an indictment. judge napolitano is here. same question all the time,
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when are we going to see this? >> right, right, it's a question i ask all the time as well. the bad news for her continues to cascade upon her. on the legal side. you know, just saw your conversation about the political side. a lot of that is equivocal what happens in california, but the legal news continues to be very bad for her. what catherine herridge reported yesterday is telling. an intelligence source has informed her that the inspector general's report has made it easier for the fbi and for the justice department to present evidence to the grand jury, to make the decision to present evidence to the grand jury. stuart: that's an incremental move? >> yes, it's a very slow, incremental movement. stuart: do you think we'll get it, an indictment, one way or the other, does it come next month? july? >> it's almost a political question. if i analyzed this legally, if you were to say to me is there
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enough evidence to indict? if what you know, what i know publicly, from public sources, and i must assume the fbi knows a heck of a lot more than i do, what i know from public sources an i lone as presented to grand jury will they indict? so yes. political, will the president let it happen, will joe biden be ready to parachute in a she's indicted. could she survive an indictment. and would she survive if the investigators leak it if they're mad because she isn't. some of the things were-- her blackberry was disabled on the seventh floor because
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nongovernment nongovernmental devices are disabled on that floor, she doesn't have a desk top or a laptop. she was incommunicado and get her security detail walk to the sixth floor to e-mail ambassadors all over. stuart: either way you put it, it's bad, bad news for hillary clinton and bad news before the election. can you say that definitively? >> yes, and the depositions continue. pagliano says that he's going to plead the fifth. one of those depositions may be mrs. clinton herself. stuart: and this story, i want your input. a blind man is suing mcdonald's because he can't use the drive-thru. ashley: he says late at night, mcdonald's only has the drive-thru open and he can't use it. s' tried walking through and
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they won't serve him. and he says that's a violation of the americans with disabilities act and will sue for discrimination. >> he probably has a point. the statute is so broad. the guy can't drive a car because of his unfortunate eye problems and he wants to be served at mcdonald's. stuart: you have to shake your head. venal lawyers, may i say that? >> he is doing that because the regular mcdonald's is closed and there's only the drive-thru. stuart: i've got to go, got to go, wicked, wicked. the pga is removing a tournament from a trump course to a course in mexico. >> they moved the world golf championships from miami to mexico city. can you believe it? can you believe it? so they moved-- think of it.
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>> oil went below 48 on that news and found a base and bounced back. interesting to see what it does. stuart: i want more on the pga story here. they're moving a tour from a miami golf course owned by trump to a course in mexico. tamara holder, still holding on with us this morning. what's your thoughts on that? i say this is pushback against trump and i think it's going to be quite effective actually. you say what? >> i agree. of all places they go, they go to mexico, a place not only donald trump says he wanted to build a wall, a while ago, in the beginning of the campaign, he recently went after the judge in trump university and saying that he was mexican. ashley: i think it plays into donald trump and there's-- >> there's pushback from sons -- sponsorship. this is the called the
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cadillac, it's corporate sponsorships pushing back now. stuart: hold on a second, tamara, i've got a bone to pick with you. you were on the show and the viewers were unhappy with you this time around because of this. watch this. stuart: would you reject the use of the word desperate when attached to hillary's campaign? >> absolutely. stuart: okay. rejected, go ahead. >> it's absolutely stupid for you, stuart, to say something so foolish. stuart: ooh, foolish? >> you're a smart man, i'm not calling you stupid, this is a stupid comment on your part. stuart: you're a simple man. >> you're a simple man who says stupid things. stuart: oh, tamara. well, now, that earned, shall we say colorful response for you on our facebook page. i say it before and say it again, why would you continue to have tamara holder on your show, she's no rude to stuart. why do you continue to insult your viewers by giving tamara holder air time. she's dilutional.
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part of what is pulling america apart. to quote archie bunker, a meathead. >> why is tamara holder so uninformed on the topics-- >> i wish my ex-boyfriend would stop tweeting. [laughter] >> touche'. stuart: that was good. >> i want to issue a public apology because i'm very presen this show is in jeopardy. if you are not-- you're not stupid, but stuart, you really do say stupid things sometimes. [laughter] and so-- >> you're just like donald trump. he would say i'm not going to call you stupid, but you know, you're stupid. that's the way he does it. >> he's a smart guy, he did a stupid thing going to syracuse, who does something like that? smart people do stupid things. stuart: you have a go at me and now the producer of the show. ashley: wait for the comments. stuart: elon musk, he's gearing
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up for a mission to mars and it's going to happen sooner than you might think. quick check of the dow, sinking, not that bad, 50 points down. oil down, stocks down, the big jobs report comes out tomorrow and the market is kind of gearing up for it. we've got it all covered. watch your money grow or shrink after this.
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. stuart: all right, thursday morning and we're off and running in about 15 seconds. we're expecting the market, the dow industrials to go down 30, 40 points. that'ses because the price of oil is down a buck. they're still moving in tandem and of course, the jobs report tomorrow. thursday morning, we're off and running ever so slightly lower in the very early going. i want to concentrate in much of the show today on amazon. it's not that far from the all-time high, lifetime high, 726. it hit that yesterday. we're going to take a look at this extraordinary stock in depth today. ashley is here, elizabeth is here, larry levins in chicago and david dietze in new york this morning. when it comes to growing the stock, the stock is moving up, has this amazon got still a ways to go, david? >> well. stuart: in the long-term?
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>> in the long-term, probably, but from an investment perspective, i don't think it's a great bet. all-time highs of the largest company in the land when every other company in the world has a target on amazon. stuart: don't buy it now. ashley. ashley: it's share of the retail sector is slow and a ways to go. amazon prime has been a hitover seas nationally and the revenue is growing hand over hand. stuart: larry levin, if i was in my 30's or 40's, i've got so say that amazon is stocky would buy at $720 a share. i would buy on it, sit on it and leave it for my retirement in 20 years, i think i'd do well. what say you? >> i think you might take some heat on that, at 720, 600, 660.
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if you buy at 720, that may be good in 10, 20 years, but on the down side. stuart: a stocky should have bought in my 30's and 40's which i did know the. that's called apple. goldman sachs cut the price target. it's at 97 liz: why, because the first time ever, we could see annualized iphone sales dropping. annualized. goldman sachs cutting it, price targets are lower than it was. but here is the other thing that's happening. apple could be moving ahead as we've reported on electric car by 2019, 2020. whether that's the go-to product you immediate in your daily routine remains to be seen. stuart: you've got more on this, apple and cars, from elon musk? >> yes, he talked about this. he said forget about google. it's apple our main xed competitor. he said they will probably license the technology and
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apple started the car process too late. he said they should have started earlier. stuart: 97 a share as of right now. >> we don't see any near term-- we don't see at that iphone 7 driving sales and of course, you've got the chinese manufacturer and samsung. they're trying to grab a bite out of apple's market. we're neutral at best. stuart: oh. ashley: apple's growth area in the emerging market. it's saturated the developed countries and those items that sell in emerging markets are a lot cheaper because they sell a lot cheaper. >> point of fact, apple does not have a low end product. the premium product and emerging market people want to get in on the low end. where does apple-- >> apple, 131, i think it was. all the way down to 97. it's an extraordinary company and you still wouldn't buy it? you're not buying at 97? >> it's below average. it's a growth stock, but there's no growth now.
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wait until the growth comes back. stuart: i find this fascinating. despite the election, who would have thought? opec agrees to no change in policy. that means no output ceiling. larry, do you think we could see another big leg down for oil coming anywhere in the near future? >> i do. in fact, we're already down a dollar today. trading almost below $48 and the july conference is 47-97. i think we'll get below that. today and the rest of the week and next week we tick above $50 so what we call high up there. if you're looking at oil charts, stuart, we expect very little time above $50. and for people watching that, i think it may get down to $46 in the next few days. stuart: if you're a stock market investor i've got to tell you that the energy sector, that's a big sector, is the worst performer as of right now in today's market. anything to add? >> exxon is up 14% this year, taking a longer look.
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last time they didn't reach an agreement. why should they reach an agreement liz: the hen story here, states like california, and struggling from the down turn in the beleaguered energy industry in those states. stuart: oh my heart-- no, i didn't say that. general motors issuing a preliminary recall for some cars and suv's with takata air bags. nicole: right now, the stock is down 1/4 of 1%. general motors and other automakers throughout the summer are going to have an expand the recall. the seive silverado, avalanche, and those are some names, front air bag on the passenger side gets too much moisture and could cause an explosion and send out shards. they're not saying anyone is in danger, it's precautionary, time, temperature and
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environmental moisture will have these things expand, they're starting in the warmest parts of the country. stuart: general motors in grave danger of dropping below $30 a share. we've got some additions to our list today. first off, facebook, 109.22, generally up in a down market. netflix, down this calendar year, down a bit more today. 11 -- 101 on netflix. at&t, we don't mention them often, this is your grandfather's stock. they're down-- sorry, general electric, ge, right there at $30 per share, it's down abouthis calendar yea johnson & johnson, it's up 113 how about that. this is fascinating. if i go way back in america, i remember a different time.
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listen to this, the average auto loan is now just over $30,000. can you imagine? that's the average. that's the average that people are borrowing to buy a car? that's what you borrowed buy a house liz: and the term-- >> hold on, this is my story liz: go, go. stuart: the average monthly payment is $503 a month. wait, wait, wait, the average length of a car loan. 68 months liz: 68. stuart: and actually on new autos, the more preferred term is 73 to 84 months, and people are trying to stretch out the leicht of the loan to bring the payment as low as possible liz: i tell you something, this is a big wakeup call for the auto industry. the biggest monthly drop in six years for vehicle sales across the board. double digit declines at toyota and elsewhere. this is a wakeup call, the car market is changing. stuart: do you think it's much to do with this much higher
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loan liz: people don't want to pay big amounts of money anymore and uber is coming on strong. >> cars last longer than they used to and they can maintain a longer long-term. plus, of course, the federal reserve pushed down interest rates and they want people to go deeper into credit to spur the economy. stuart: all i can say is in my day, you never took out a car loan of more than three years ever, you just did not do that. >> this says something about your day. [laughter] >> okay, you got me with that one. what are you, the new tamara holder? [laughte [laughter]. stuart: down the road, two of the biggest names-- we don't often talk about, but maybe we should. they be' doing okay. they're pretty flat this morning, ibm, it's up 10% this calendar year. 3m is up 12% this calendar year, and the dow stock, david, do you like either of them? >> we do, it's the anti-amazon
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and they, too, are into the cloud service and don't have to play 100 times earnings to participate. stuart: ibm is a value stock? >> absolutely, absolutely. stuart: okay. this is actually my day. an up and comer from way back then, ibm was one of the nifty fifty, you never heard of it. moving swiftly along from my age. the top guy at tesla and spacex, his name is elon musk, you know that, he says that spacex will launch people to mars in 2024. they'll get there in 2025. ashley: that's right, takes a long time to get there. nine years from now, he predicts they will be able to land humans on mars. he's stated, quote, i'd like to die on mars, not just on impact. he says he's going to live there and unveil-- >> not just on impact. [laughter] >> he'll unveil an architectural plan for colonization. >> five of the six spacex
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rockets and target blew up and-- >> you're missing the point, that's not the point, this is elon musk out front drumming up publicity for his companies like tesla and-- >> i give him credit for long-term vision for sure. stuart: i'm intrigued by this sorry, saudi arabia will invest 3.5 billion dollars in uber. now, okay, we were having a little fun earlier because uber is popular with women in saudi arabia because they can't drive in saudi arabia. apart from that, what else do we have on this story? >> this actually brings their investment to 5 billion, the latest 3 1/2 billion. stuart: does it? >> it does, they have a lot of investment in uber, does the saudi arabia public investment fund, which is what it's called. uber launched six years ago, an estimated 11 billion in its war chest.
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it's all about they spend a lot of cash giving bonuses to drivers to sign up with them. they need the cash because of the competition. stuart: wait a second, it's worth-- the most valuable private company on earth. ashley: more than general motors. >> stuart, can you say bubble? what do they use the cash for? they don't even own the car. stuart: left out is larry levin, what do you say about uber and 62 billion? >> uber is going to keep building up, they won't need drivers eventually. and sooner or later self-driving cars, in the u.s. and saudi arabia and uber is going to make a lot more money. stuart: thank you for being on the show this morning. appreciate it. check the big board, we are down 45 points just as the futures market predicted. 17-7 is where we are. later this hour, one of the leaders of the biggest nurse's union is going to be on the program. she's uniting with bernie
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sanders, demanding a single payer health care system just like britain. hillary clinton in a dead heat with bernie sanders in california so she will push her foreign policy agenda there today. she'll use the speech to attack donald trump. and this video, a telemundo photographer caught staging a video at an anti-trump protest in california. did you know that telemundo is an nbc property? he was staging an event. ♪
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the new york times has seen it, seen the speech, and knows what she's going to say. there are four points and i want to go through them one at a time. major points that hillary will attack is trump questioning u.s. support for nato. and i want to bring in the defeating jihad, an expert in the air. one at a time. so number one, attack line from hillary is the breakup may be or lack of support for nato. what do you say in response to that, sebastian? >> i'm not here to defend mr. trump, he's capable of that. he hasn't called for dissolution, he called for nato to be revitalized. he's not wrong. this is an organization that was very successful in being part of the victory in the cold war, but it lost its way. most of the nations do not actually pay the minimum requirement, the 2% of gdp they're supposed to spend on
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their own defense, as a result, america picks up the tab as usual. so, they need to find their identity, their purpose and the europeans need to step up to the plate when it comes to paying for their own defense. stuart: the next point that hillary will bring up, has no objection to japan and others for nuclear weapons. >> what say you. >> nuclear weapons are frightening, unless you believe in one world government, who are we to say who can and cannot have nuclear weapons, especially if they're allies or partner nations of the united states. we have nations such as the u.k., france and even israel, you know, don't tell anybody, that have nuclear weapons. that's not a problem. nuclear weapons are a threat to america if they're in the hands of countries like north korea. so let's not tar everybody with
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the same brush or, stuart, think we can put the genie back into the bottle. stuart: now, there's another point that mrs. clinton is going to raise in attacking trump, that is mr. trump's vow to put in place a temporary ban on muslims entering the united states. she will attack that temporary ban. again, what say you? >> look, he's already started to backpedal a little bit on that. i put it another way, when the director, when obamas director of the fbi says we have no way to vet people coming out of syria or iraq, that is just common sense. let's take religion out of the equation, you're not going to do a belief, a conscience tense, who is a christian, who is an an atheist, who is a muslim at the border. how about this, we must have a temporary stop on refugees coming from active war zones where groups like isis or actually present because we
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cannot separate the wheat from the chaffe, the refugee from the jihadi, it's plain common sense. stuart: how about this one, sebastian. >> trump has said he would allow the use of torture and he would kill the families of suspected terrorists. hillary will attack him for that. what do you say? >> look, i part my ways with mr. trump here. i was involved with the training of british troops and their resistance, interrogation in the u.s. torture is bad. it's unamerican and often leads to people just inventing intelligence, which is never good. so i'm not going to defend him on that, how about we just look at clinton and her problem, whether it's benghazi, whether it's the collapse of libya, whether it's lying about the video, whether it's her 40% of our uranium sold to russia while she's secretary of state? i think, you know, it's more important to look at those four points than anything else in her spurious speech later today.
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stuart: sebastian, thank you for being with us. >> thanks, stuart. stuart: how about this? the largest nurse's union, big time supporters of bernie sanders. they, the nurses, promise to disrupt the democrat convention. those nurses want a single payer health care system just like in britain. we have one of those nurses with us. donald trump searching for support from name brand republicans, it comes down to the convention in july. we're on it.
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>> the function of health care in a functional democratic so-so-- society is for all of our people, not to make millions for the drug companies or insurance companies. stuart: all right, now that was bernie sanders speaking to national nurses united. that's the union which is threatening to upset the democrats convention next month. those nurses want bernie to be the nominee, not hillary. joining us now is the president of that union miss jean ross. welcome to the program. very good to have you on the program. thank you. >> thank you for being here. stuart: your push is for a single payer system and that's what you want for the democrats' platform. are you going to get it?
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>> we hope to, we're going to fight like hell so that we do. we've found as we campaigned across the country, it isn't just us nurses who believe it's the only system that's going to work for the people in this country, but the last figure i heard was 58% of people, regardless of party delineation believe the same thing. stuart: now, do you have the clout-- what's your tactic to get there? i mean, bernie sanders has an enormous amount of influence on the platform for the convention and for the democrats. how will he actually get a single payer system onto that platform? how are you going to do it? >> well, we have people that bernie has suggested, named that have gotten through the process from the dnc to be on the delegate platform. so they will be pushing that forward, good progressives like the nurse group, and from our
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perspective, nurses are excellent educators. we will keep talking as we have for years and years, about why it's the best system, medicare for all, and beyond that, we will be protesting and teaching other people that protesting is a very american thing and how they need to do it, too. stuart: when you say protesting, i mean, could you reupset the convention? i'm not talking violence, but it could get rowdy? >> well, you know what? i think we've kind of gotten away from being what you might call rowdy as americans, and i think that people need to do that. if you look at the things that we have in this country that are near and dear to our hearts, the only thing that's ever worked in this country and in others is to, as we say, take it to the streets and protest and say no more, no more of the status quo. this is where we need to go. and if you look at the civil rights movement, if you look the a the protests, anti-war, vietnam war, if you look at the gay rights movement. that's the only kind of approach that ever really worked.
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stuart: okay, we hear you. jean ross, thank you for being a part of the show to you. we'd like to get back to you closer to the convention and see how you're doing. thank you very much, ma'am. >> you're welcome. stuart: okay. look at oil, please. this is something of a pointer for the stock market. we're down 84 cents a barrel. no change in policy from opec, that means no output ceiling, down she goes. exxon and chevron, no vices they're oil companies and two of the biggest losers on the dow jones industrial average, which is now down 76 points. oil down, stocks down, seems like what we've got today. we gave you the headline yesterday, it's from a former clinton insider, here is that headline, clinton might not be the nominee. that insider tells us why he thinks that way in just a couple of minutes from now. and telemundo, a cameraman therefrom, seen staging an anti-trump protest in california. he gets called out for it.
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stuart: 10:00 me icily on the east coast -- precisely on the east coast. donald trump is under fire, hillary is on the attack. in a few hours, she will blast his foreign policy. washington lead faris will join us here. hillary is in the fight of her political life in california. our clinton insider says if she does not win california, she might not be the nominee. and we'll speak with the man who delivered the first zika baby born in america, our very own dr. manny alvarez. and watch this. telemundo caught staging anti-trump protests in california.
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put that mexican flag right side up, they said. oh, yes, we cover it all. hour two starts now. ♪ ♪ stuart: we are down 76 points for the dow industrials, the price of oil is down 72 cents, there you have it. oil down, stocks down. how about apple? goldman sachs has cut its price target on the stock citing lower smartphone growth worldwide. apple's 97 barely this morning. oracle hit with a whistleblower lawsuit over cloud accounting. oracle is down 4%. let's get the latest on the housing numbers, that would be mortgage rates. >> yes, freddie mac, 3.66%.at ie previous year. still incredibly low. a year ago it was 7.87 -- 3.87%. stuart stuart what did you say
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it was? >> $3.66% on a 30-year mortgage. stuart: back in my day, first house i bought, san francisco, california, 12.5%. and i thought it was a bargain. >> what was that, 1979? >> that would be '77. >> oh, close. clarity, thank you. >> up to 16% in the early '80s. [laughter] stuart: i thought it was a gift from heaven. [laughter] >> i can deduct a third of it. stuart: hold on, i've got breaking news about hank greenberg, former aig chief. a court says he's got to face fraud charges. >> yes. new york's highest court. this case has been around since eliot spitzer brought it in 2005 -- 2006, middle of the last decade. basically, it's saying accounting fraud. basically, they're saying hank greenberg got bonuses that he should disgorge. back in 2005 aig did restate its profits, five years' worth of
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accounting problems fixed, and they basically cut their net profit by about 10% back then, but they're saying that's not enough. new york's attorney general saying you have to disgorge your bonuses you got over that alleged accounting fraud. >> cooking the books. stuart: they said going back to '08. >> correct. stuart: got it. we've been showing you this headline for a couple of days, doug schoen wrote this in "the wall street journal," and let me read you this: clinton might not be the nominee. that was something of a bombshell in democrat circles when it first appeared. guess who's here -- hold on a second. the latest "wall street journal" poll numbers from california, i just got this one in, they support doug schoen's theory. statistically, a dead heat. and now here is the aforementioned clinton insider, how'd you like being described at that, doug schoen? >> i'll take whatever i can get, stuart. stuart: make your case point by point. >> sure. if she loses california, as is
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now possible, if there is a finding of culpability by the justice department, and if the super delegates start to defect from her, her so-called impression national lead will be very, very vulnerable. bernie sanders is going to try to change the rules to make it more difficult for her to be nominated. there'll be protests in the street, and at a certain point in time, stuart, it's possible that president obama, valerie jarrett will decide that the best way to resolve this problem will be with vice president joe biden. now, bernie sanders will have a lot to say about that, especially if he wins california. but i think there's much more possibility of uncertainty at the philadelphia convention than we ever expected. stuart: so it's possible they'll go into that convention if hillary loses california, that's a huge loss of face. >> sure. stuart: to coin a phrase. there's the possibility of an indictment holding over her. if there's no indictment one way or the other by that time.
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>> sure. stuart: now, here's the important point. i don't doubt that hillary will win the delegates required, but you're saying that bernie might persuade some of those delegates to change sides and go for him and not hillary. that would really upset the apple cart. >> or just to move away from her, call themselves undecided, raising questions as we go to philadelphia about whether she has the support. especially in the situation where she's now in some polls running behind donald trump. stuart: let's suppose that she doesn't lose california, she wins even by a small margin. >> right. stuart: and let's suppose if the indictment comes down, there was no reason to assume she was being malicious, no malicious intent. wipe it away with a that one. and bernie's efforts to change delegates' minds doesn't work in which case she is the candidate. >> she will be the candidate, and as i say in the piece, there's certainly every reason to believe that is still very, very possible to be the result. there's a big but. we do have the prosecutor, we do have the rules fight at the
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convention, and we most of all have california on tuesday. stuart: do you know anything about vice president biden's willingness or other side to be the candidate -- or otherwise to be the candidate? >> well, he said he wants to get in this race, wants to be president. he said he feels that way, quote, every day. my sources tell me, stuart, nothing's changed. stuart: he wants in. >> he wants n. oh, i'm pretty clear he does. stuart: doug schoen, that was a bombshell in your party. your former party. >> former party. [laughter] stuart: doug schoen everyone, appreciate it. now this, president obama openly campaigning not forhill rhode island or -- phil hi or birny but against donald trump. roll that tape. >> this president now is -- because he's going to start campaigning. if he campaigns, that means i'm allowed to hit him just like i hit bill clinton i guess, right? [cheers and applause]
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if he doesn't, i don't care. but if he campaigns -- and i think he wants to, because he wants to keep this terrible agenda going. stuart: all right. here's a name to conjure with, high noon strategist. the president there of is lisa booth, and she is with us right now. >> hi, stuart. stuart: lisa, welcome to the show. good to see you again. >> good morning. stuart: i think trump's biggest challenge -- not biggest, but a big challenge in the immediate future is getting the party united around him and showing up in unity at the convention. and i don't think he's there yet. what say you? >> he's not there yet. and, look, i think he needs -- he has made a concerted effort. he's reached out to people, he's sat down with people like henry kissinger to talk about foreign policy, so he is moving the ball forward. but the second he moves the ball forward, we see him take steps back by attacking governor susana martinez really for no reason. so that's frustrating for me as
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a republican who wants unity and wants people to get behind donald trump. stuart: it's like he can't hold himself back. he just finds it irresistible. he will say, no, i'm not going to do that anymore, and two hours later he does it again. >> i really don't understand that. and you're looking at the first female hispanic governor, the first female governor of new mexico, and so those are two key demographics that he needs to improve his numbers with. so it really doesn't make sense. i'm hoping that someone in his circle can kind of headache him and knock some -- kind of shake him and knock some sense into him because he needs to cut that stuff out. stuart: do you think he will? i mean, seriously. >> i hope so -- stuart: i know you hope so, i want your judgment. >> i don't know, probably not. he is stubborn and steadfast in his ways, but he's a great communicator, he has the ability to drive headlines, so he's got so much working for him. if he could just hold back just a little bit, i think he'd be
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able to move the needle so much quicker and in such a better way as well. stuart: last one. i, like a lot of people, find donald trump very entertaining. i mean, i watch the guy, and i think it is, as i said, entertaining. do you think it will still be entertaining if he keeps it up like this, same style, same choice of language, if he goes all the way up to november, will we still feel it's entertaining, do you think? >> i don't know, because i think a lot of people months ago, stuart, people were saying donald trump had no chance. i, too, when he first announced, i didn't think he was going to end up being the republican nominee. so i think it's just too early to say that because there's been so many people that have been, you know, predicting his demise, and that just hasn't happened. they also said he wasn't going to be a viable general election candidate, but we've seen polling that is much closer than was to be expected. so i just don't know. i'm just saying as someone who's worked in political communications, i'd love for him to just dial it back just the slightest bit and not attack people unnecessarily. it doesn't make sense.
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but i appreciate his bombast and i think that's something that people appreciate about him. just dial it back a little bit. stuart: believe me, lisa booth at high noon strategists, i am not predicting the demise of donald trump. far from it. >> i wouldn't either. stuart: thank you very much. >> thank you, stuart. stuart: president obama in helling hart, indiana, touterring the economic recovery, his recovery. watch this. >> unemployment in elkhart has fallen to around 4%. [cheers and applause] at the peak of the crisis, nearly one in ten homeowners in the state of indiana were either behind on their mortgages or in foreclosure. today it's one in thirty. stuart: now, he went there to show how much things had improved in that town since he was last there in 2009. and he's right, in that town it had recovered. >> yeah, but -- stuart: nationally, different story.
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>> well, he cited a lot of facts that, you're right, were correct, but he left out very important facts that shows how dire the situation has been in elkhart. let's take a hook. you're going to see the median household income far below the national average. there it is, 35.5 thousand. you're going to see the per capita income, watch this, it's 17,000 versus more than 28,000 nationwide. look at the poverty rate for the city of elkhart. it's at 27% versus the national average of 14.8%. so there's a lot of topspin going on here, and i would say that plunging gas prices helped more than the president's, government's stimulus money because this city has, makes the -- manufactures there. one in two rvs, they've got winnebagos and gulfstreams. so that town saw a fifth of their income vanish since 1999. the president came with a win bay -- win bay duo full of money but also taxes and renovations
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that needed to help that town. stuart: back to the market, we are down about 50 points as expected. to some degree, there's a holdoff on the market because there's the big jobs report tomorrow. so you might not see that much movement unless something dramatic happens, but we're down 60 right now. look at oil, 48.26, it's down 80 cents a barrel. we heard from opec last hour. we'll get the latest on inventories, how much oil we've got in supply. that will be coming up in our next -- literally about 12, 15 minutes away. and now this. you can forget ever having to wait on those long lines at chick-fil-a -- [laughter] they've put a new pay-ahead mobile ordering -- >> yeah. the chick-fil-a one app. all right? so you can order ahead, and you can pay ahead so you don't have to stand in a line like that. that's on sixth avenue. [laughter] there are long lines. apparently, parents of millennials are sick and tired of waiting in long lines, so you can get a jump. and also if you do that, they're
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going to have a promotion where you can get a free chicken sandwich, get rewards points, blah, blah, blah. [laughter] stuart: wait a second. a line like that formed in new york city because the mayor of new york city said let's boycott 'em -- >> yeah. stuart: everybody showed up. >> you want your chicken sandwich that much. you have to have it now. >> it's really good. >> oh, you've had it? stuart: how about this? we've showed you this a couple of times. a cameraman for telemundo encouraging protesters at donald trump rallies to adjust their mexican flags. the cameraman was confronted. find out what happened when he was. and then there's hillary clinton on the attack. she's getting ready for her big speech on donald trump's foreign policy planses. she'll attack him. trump's foreign policy adviser not in the slightest bit worried, he is on this stow. stay right there. there are two billion people
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♪ help me if you can, i'm feeling down. stuart: well, i guess you could say the markets need a little help. it's kind of a go-nowhere day thus far. >> there you go. stuart: how about amazon down today at 718. just yesterday it touched its all-time high of 726. down just a little today. we focus on amazon. let's do that now. the chief there at amazon is jeff bezos. now, he's now nearly as rich as, i think, warren buffett? is that it, ash? >> yes. very, very close. and these numbers are absolutely staggering. jeff bezos worth estimated $63 billion. stuart: good lord. >> probably buy europe. buffett is worth $66 -- not that you want to. [laughter] buffett is worth $66 billion, so he's getting awfully close to the oracle of omaha. amazon market value at 342 billion, berkshire hathaway, 348
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billion. that is nothing to apple which is over 500 billion. a lot of money. >> yeah. he's the fourth richest person on the planet right now. he owns a 17% stake in amazon. stuart: and he's an american. >> yes. stuart: we like that. [laughter] now let's get to that video, telemundo, the photographer instructing anti-trump protesters on how to dismay the mexican flag -- display the mexican flag. watch this. >> is that the media staging a shot? is that the media staging a shot? is telemundo staging a shot? >> ah, probably. >> you're staging a shot at a protest. you're staging news. >> what do you want me to do, man? >> i'm not part of the -- [inaudible] >> huh? >> why are you directing them? >> [inaudible conversations] stuart: that's how it ended. media research center founder brent bozell is with us now. you say telemundo should apologize. well, have they? >> no.
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no, we contacted them, and they came back with this statement. they said, first, that they hadn't aired this footage. but that's just because they didn't want to air it. i mean, it was on the cutting room floor. and the second one was that it wasn't one of their employees, it was a contract employee from los angeles that they hired for the day, but that really doesn't hold any water. they hired him, and he's got the telemundo name on there. what should they have done? i don't understand this, stuart. i don't understand how the press simply cannot make itself apologize when it does something wrong. they should have simply said, look, we didn't use the footage, but that doesn't change anything. the person we hired shouldn't have done that. we apologize, and we're never going to use that guy again. that would have been the end of it. but day after day it's now being reported. and it gives terrific fodder to donald trump in the wake of his press conference to say one big i told you so. stuart: and it was the mexican flag displayed in front of an american presidential candidate in america.
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i keep saying this, i think the mexican flag displayed like that is l a bull. that's finish americans don't like this. am i going wrong here, brent? i don't think they like this one bit. >> no, no. no. here's -- remember, you and i talk about the role of the opposites. i just think about this, what if this were a tea party rally and you had two protesters who picked up an american flag and picked it up upside down? a cameraman would rush not to tell them around, but to cover it upside down to show what baffoons the tea party are. stuart: quickly, i said the other day that donald trump had won in his confrontation with the media at that news press conference he gave in new york. i said he'd wop. in the view of d he'd won, in the view of ordinary people. what say you? >> you're 100% right. every time the media attack him, he's getting stronger and stronger and stronger.
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look, the public has had it, has had it with these people in the press that are so haughty, so arrogant and so one-sided. and the way they're going after donald trump, the more they attack him, the stronger he gets. this was a big plus for him. stuart: thanks for joining us, brent. we'll see you soon. no output cap from opec in terms of oil production. and at the top of the hour, from moments from now -- about eight minutes -- no, it's 11:00 this morning. is it 10:30 or 11? >> we're seeing 11. stuart: i'm wrong. it's at 11:00 this morning that we get the latest read on how much oil we've got in storage. >> yes. stuart: that number, the price per barrel, could change depending on those numbers at the top of the hour. we'll bring them to you as soon as we've got 'em. and this, new images of the planet pluto. it's the clearest pictures ever taken of that planet. you're looking at, if you can decipher it, huge glaciers, mountains of ice.
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focus in there. it's like on your smartphone. touch it with your hand -- [laughter] i want to see ice mountains, boulders. >> look at that. >> there's writing on it. stuart: kilroy was here. [laughter] >> stuart varney was here. stuart: no, kilroy was here. [laughter] all right, everybody, enough fun. we'll be back in two minutes.
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going to be a zika baby? >> well, we knew that on friday, a couple of days before we did the delivery, that she had a baby that had anomalies that are compatible with the zika effects. once we started putting the story together with her being bitten by mosquitoes in her native country and having a positive blood test by the cdc, then it was kind of definitive in our opinion that, indeed, the baby had been exposed to zika and had the anatomical deformities that do come with it. stuart: now, i understand that she came to america from honduras. she came here on vacation. why was she allowed to fly in such an advanced stage of pregnancy? >> well, i mean, look, every airline has different regulations nowadays, so the restrictions on flying are kind of vague in most airlines nowadays. she was 35 weeks, so, i mean, i
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think there was no red flags that the airlines could have sort of picked up and, you know, create for her motto fly. so -- not to fly. i think that was not an issue. stuart: what's the outlook for that poor, young baby? >> severe microcephaly, now it needs a lot of help. it's being evaluated by pediatric infectious diseases, you know, ocular doctors because i'm sure there's going to be some blindness attached to it and developmental pediatricians because, again, these babies have severe cognitive deficiencies that are going to require a lot of therapy. stuart: do you think we're going to see a similar birth from a woman who contracted the virus in the united states? >> i don't think in the united states yet. we don't have the risk factors in at least that we know, especially in the northeast, for sure. it's not going to be a problem. maybe in the south. but if we're ahead of identifying, you know, adult-onset of zika as well as mosquito control in those southern states, i think we'll be okay.
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stuart: you still want the olympics canceled? >> i still want people to be very careful, especially if they're pregnant, in not attending the olympics. i think it's too late for canceling anything, but i don't like the whole thing that is going to be happening with the kind of problems that brazil are having. stuart: dr. manny alvarez, thank you very much for joining us this morning. difficult subject, we're glad you're with us. >> thank you. stuart: all right. let's get to must be. where are we now on -- let's get to money. at moment i'm prepared to say it's kind of a go-nowhere day. big jobs report tomorrow. >> yeah. stuart: that's hanging over everything. >> a disappointing one at 175,000. stuart: if that's what it comes in as. >> exactly right. adp's gotten more accurate, it's lower than the 200,000 average in the last 12 months or so. stuart: all right. look at this place. this is paris. there's the eiffel tower. the river seine burst its banks after days and days of rain, whole neighborhoods submerged,
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train lines heading into the city shut down. people wading to work, wading through water to work. that, paris, yesterday. it's like the election. who would have thought? not funny, just terrible. >> look at that. stuart: meanwhile, president obama, looks like he's campaigning for the democrats by blasting donald trump's economic vision for america. we have an economist to respond to that blast.
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stuart: steady as she goes on the dow industrials right before tomorrow's big jobs report. no output cap from opec. at the top of the hour, we get storage numbers, so the oil number may change at that time. right now, again, steady as she goes. look at apple. goldman cuts its price target. what's the problem?
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>> well, there's a couple of things. basically, goldman sachs saying, look, obviously the iphone sales are slowing down. they're also cutting their earnings forecast for apple. they say the selling price of these phones are going to have to drop. apple is going to have to try and get into the emerging markets. we know the trouble they've had getting into india. but the problem with the emerging markets is the cost of the phones, you can't go in there with a full price phone, because they can't afford them. so their margins and the amount of money they're going to get back on their phones in the emerging markets are not going to help the bottom line. and we know the trouble they've also had of establishing in china as well. so, in other words, where does the growth come from? >> god, this was a trillion dollar stock last fall. market value. stuart: no. apple never reached a trillion -- >> we were talking about it possibly being. stuart: who would have thought we'd go from 130s to 97, and it's still not a buy. president obama went right after donald trump on his
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economic policy. watch this. >> by almost every economic measure, america's better off than when i came here -- [cheers and applause] at the beginning of my presidency. the republican nominee for president's tax plan would give the top one-tenth of 1% -- not top 1%, top one-tenth of 1% -- a bigger tax cut. that is not going to make your lives better, that will help people like him. [applause] stuart: let me recap that. the president says by almost every economic measure, we're better off today than we were back then and, please, no tax cuts for the super rich. joining me now, fox news contributor steve moore. you are advising mr. trump on the economy. please respond to what we just heard from president obama. >> you know, i remember, stuart, when i was working for president reagan back in 1988, and he was at a press conference, and the media was blasting him on the economy. he looked at this reporter and said what country are you talking about, because the economy was doing so well back
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then. and i would have the same kind of response to barack obama when he says, oh, how wonderful everything is. you know, we've created all these jobs, and we've got this economic utopia, and i would say, mr. president, what are you talking about? i'll give you a few statistics that i think donald trump should use to refute this, and he's used a lot of them. number one, the real unemployment rate in this country is 10%. number two, we have more job business failures than business start-ups now for five years. number three, the poverty rate is near its highest rate that it's been in the history of this country. number four, if you look at the recovery, and, you know, obama came in, obviously, at height of the recession. it has been the weakest recovery since the great depression, the weakest recovery in 75 years. this is not -- and one other statistic, by the way, that i think is a killer for hillary clinton and barack obama is this: that the average american has not had a pay raise now in 12 years. stuart: okay.
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now have a look at this often-repeated statement that any kind of tax cut is a giveaway to the super rich and doesn't help ordinary people. what do you say about that? >> well, we've tried this before, and, you know, you just look throughout history, and it's worked. if you look at the 1960s when john f. kennedy cut tax rates, what we saw was a big increase in tax revenues paid by the rich because, guess what? when people make more money, they pay more taxes. what a concept. it worked in the 1980s under reagan who i worked for. we saw a huge -- we doubled the tax revenues after we cut the rates and made the economy you faster. growth, stuart, i've said this i think week after week on your show, but it bears repeating. when you grow the economy, you get more tax revenues, lower deaf creates, and i didn't even -- deficits, and i didn't even mention in that litany of failures of obama, $8 trillion in new debt in seven years. that's quite a record. $8 trillion in debt.
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stuart: i just wish this campaign op both sides would get -- on both sides would get to the issue of growth, because i'm with you, steve. the one thing that would really help everybody in america is a 4% growth rate that you keep up for a couple of years. >> and, stuart, what has been the growth rate for the last six months? close to 1%. stuart: you're right. >> that's not an economy to be shouting about. stuart: all right. steve moore, we appreciate you being with us, and we'll see you again soon. thanks, steve. meanwhile, mr. trump is getting pushback against him coming in from all sides. i ask governor huckabee about this last hour. here's what he said. >> they need to get over the fact that their first choice, whoever that might have been, is not going to be the nominee, and they need to unite behind donald trump. and i think over 90% of the republicans have. you have a few holdouts kind of like japanese soldiers who are hiding out in caves 30 years after world war ii had ended who just refused to believe it was over. [laughter] but, stuart, it's over. [laughter] stuart: okay.
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japanese soldiers in caves, we got that. that was really about governor he huckabee saying, look, you've got to unite the party. town hall editor and fox news contributor katie pavlich is with us now. i know you're not exactly in mr. trump's camp.st trump, i think it's beginning to bite just a little. i think he's beginning to pay a price for some of the things that he's said in the past. the golf tournament being moved to mexico from his course in florida, the idea that his bad business practices at trump university. my point is this, i think that the pushback against trump has begun, and you say what? >> well, i'd say that the pushback against trump has been going on for a while, but maybe it hasn't been highlighted in a way that it should have. but, look, huckabee's right in the sense that we should be uniting around donald trump, but he's wrong when he thinks the way to do that is by insulting people who have some differences
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with donald trump by comparing them to japanese soldiers. we had donald trump insulting susana martinez who has been a very popular governor not just in new mexico, but as a leading role model for the republican party at the state level. and when donald trump essentially won the nomination, when ted cruz dropped out a couple of weeks ago when he became the presumptive nominee, you know, the automatic reaction was you have to unite. but people who are holding out were saying this isn't about my guy losing, this is about me having fundamental differences with donald trump, and now we're seeing what we're seeing with trump university, we're seeing some of these business practices. this is about having differences, and donald trump having to earn the votes of people who are, quote, holding out. stuart: he can't help himself. [laughter] he does this, like attacking the judge in the trump university case. >> right. stuart calling him a mexican. the man was born in indiana. he can't help himself. so i don't think he's going to change. do you? >> he said that to a group of reporters this week, that he's not going to change. and if we think he's going to
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change, he's not going to. i think this is something that conservatives who have been skeptical of donald trump for months and, actually, years as a matter of fact have pointed this out in the sense that he says he's going to do one thing, he does another. and they want to get behind him. they want to beat hillary clinton. i guarantee you a a lot of keys are going to be casting a vote not for donald trump, but against hillary clinton in november. and if he wans to win -- wants to win, he has to get republicans and independents. stuart: but he can't change too much because that's what people like about him. that's the way it is. [laughter] it is true, you know? >> it is true. stuart: they lo it. >> they do. stuart: thanks for joining us. please, take a look at this dramatic video from the texas floods near houston. >> wow, look at that. >> awful. stuart: struggling to get to higher ground. they're using helicopters to try to herd animals to safety. not -- i regret to tell you this, but not all of them made it.
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dramatic video indeed. that's texas now. hillary, she's in trouble in california. dead heat with bernie sanders. she's lost momentum. today she'll attack donald trump on his foreign policy. now, one of trump's foreign policy advisers is with us in just two minutes. >> this is just more evidence that donald trump himself is a fraud. >> hillary clinton, who lies, i mean, she lies. you remember that, i started the -- she lies!
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♪ ♪ >> remember, "varney & company" starts at nine a.m. eastern. here's what you missed last hour. former governor mike huckabee says donald trump is proving his critics wrong. >> less than a year ago there were people who were saying he'll never run -- or just over a year ago, he'll never run, he won't make it past the summer, he won't get 2%, he won't even show up for the iowa caucuses, on and on. everything that the experts predicted have been wrong. so let's assume donald trump is clearly defying all the political gravity, and i think it's because people are sick of the political conventions that -- by conventions, i don't mean the actual event, i'm talking about all of the conventional wisdom of how to run it. and he's exploded it. ♪ ♪ i have asthma...
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was murdered -- her ambassador was murdered. she broke federal law by putting her e-mails on a secret, private server. stuart: now, that's donald trump, obviously, on the attack against hillary on foreign policy. that was just yesterday. now today, hillary clinton's going to deliver a speech of her own on foreign policy. she will attack donald trump's foreign policy ideas. in advance of that, the republican national committee has released a statement on hillary's failed national security record. a couple of quotes for you. there isn't a more flawed messenger than hillary clinton. it continues. she helped turn libya into a jihadi playground, spearheaded the iran nuke deal and secretly called for bringing terrorists from guantanamo onto american soil. meanwhile, "the new york times" says they've seen the speech, they say she's going to hit him on four key points. before we get to those, i want to bring in president trump fory
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adviser, walid phares. good to see you, sir. >> thanks for having me. stuart trump's questioning of nato, she will attack trump on that, and you say? >> that he is not actually wants to disband nato, he wants to revise nato. he's not even adding much to what nato leaders and mps inside europe have been talking about for so many years. it may be news for the secretary, but that is something that has to be done after the cold war is over some 25 years ago and after the rise of isis and all of these threats. this is very logical, that he wants to look back at what's happened and devise for the future. stuart: okay. next one. the times says hillary will attack trump on his proposal that would allow countries like japan, south korea, even saudi arabia to get nuclear weapons. that will be an attack line. again, you say? >> well, this is the second part that he -- she addressed but not the first part. the first part is that he wants to revise the relationship, he wants to basically look at the
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current status of alliances with south korea, with japan, with the countries in the gulf, sit down, try to get to better coalitions, better system. and if it doesn't work, then there are many scenarios. he begins with the extreme scenario, but he's going to sit down and cut deals for the better scenarios. stuart: okay. hillary's going to get pyre -- fired up about this one, mr. trump's vow to enact a temporary lap on muslims coming to the -- temporary or ban on muslims coming to the united states. >> i would recommend she read the second part of the statement. the obama/clinton administration refused to actually give any measurements as to how to, you know, identify the jihadists. once mr. trump will be in the white house and leading the executive branch, he's going to ask the agencies what can we do to vet, and that would with the answer -- that would be the answer before he gets to any of these scenarios. stuart: he has pledged -- he has said that he would allow torture
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of terror suspects, and he says he would kill the families of suspected terrorists. now, that's going to be an attack line from hillary, and again you say what? >> well, that has been an attack line from around the world by the people who are against mr. trump. basically, he said also in another statement that once he is the president, he's going to sit down and be briefed by our agencies, by his advisers, he's going to work with congress, and once that is done, then he will devise these policies. stuart: right after hillary clinton speaks today, do you expect mr. trump to get out there and respond? >> i don't have information about his schedule with regard to that matter, but it is certain that he will respond to her speech. that speech is very predictable at one point. stuart: we'll be watching the twitter field, that's for sure. walid phares, thanks for joining us. >> thank you. stuart: quick news alert for you. police in germany have arrested three syrians with alleged isis -- no -- >> they're accused of planning -- stuart: a terror attack.
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>> yeah. authorities got on to this by a fourth syrian national who's actually in the custody of french police. he tipped them off, they arrested these three suspects in three different locations. they were, apparently, or allegedly planning to attack the old town of dusseldorf in germany, wen germany. it's about two, two and a half hours east of brussels. so they say they foiled -- >> it was suicide bombers, just a footnote to ashley's good reporting. other members planning mass murders with guns and explosives. stuart: they were syrians. donald trump verbally attacks the federal judge presiding over the trump university lawsuit case. judge napolitano in a moment. and how about this? a man kills his wife while high on edible marijuana, so his children file a wrongful death suit because the pot candy caused psychosis. we're on it. in a way. and later, more than three million immigrants came to this country in the last two years.
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turning up the heat for an indictment. judge napolitano is here. same question all the time, when are we going to see this? >> right, right, right. it's a question i ask all the time as well. the bad news for her continues to cascade upon her. on the legal side, and, you know, your conversation about the political side, a lot of that is equivocal, what happens in california. but the legal news continues to be very bad for her. and what catherine herridge reported yesterday is very telling. an intelligence source has informed her that the inspector general's report has made it easier for the fbi and for the justice department to present evidence to the grand jury. to make the decision to present evidence to the grand jury. stuart: okay. that's just an incremental movement. >> yes. it's a very slow, incremental movement. stuart: do you think we'll get it? an indictment one way or the other? does it come next month? july? august?
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>> it's almost a political question. if i analyzed this legally, if you were to say to me is there enough ed to indict -- evidence to indict, of what i know publicly from public sources, and i must assume the fbi knows a heck of a lot more than i do, but if what i know from public sources is presented to a grand jury will they indict? yes, absolutely. stuart: that's legally. >> yes, legally. but it becomes political. will the attorney general permit this to happen? is joe biden ready to parachutef mrs. clinton is indicted? could she survive politically an indictment? could she survive politically if she's not indicted and rogue fbi agents leak the evidence because they're furious that she wasn't indicted after they spent a year investigating her? stuart: gotta go. i'm -- >> wicked. [laughter] >> wicked. all right. it is donald trump versus hillary clinton. the focus? foreign policy. expect hillary to come out swinging this afternoon in california.
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also, trump verbally attacks the judge presiding over the trump university lawsuit. you can bet our judge andrew napolitano will have something to say about that. and how about these numbers? more than three million immigrants came here in the last two years. more than one million of them, illegally. hour three, three minutes away. if a denture were to be put under a microscope, we can see all the bacteria that still exists. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day. ♪ ♪ (charge music) you wouldn't hire an organist without hearing them first. charge! so why would you invest without checking brokercheck? check your broker with brokercheck.
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. stuart: 11:00 here on the east coast. we have just received the latest number on how much oil we've got in storage. jeff flock has that number at its source. chicago. >> i want to take you right to it, stuart, if we can. weekly crude is less of a draw than we thought. down 3.66. a million of a barrels more and much more of a draw than we thought in gasoline. so summer driving season kicking off there. those are the numbers. weekly survey says an actual
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bigger draw than we thought. stuart: okay. scott, specializes in oil trading. scott, we're using less -- let me interpret this, the draw down. we've got less storage in storage by 1.3 million barrels. put that into english, will you? >> well, it just means we didn't use as much as we thought we were going to use. we did use more gasoline than we thought we were going to use. so this number is kind of hanging in there. much like last week, it looks like we were acting more on the gasoline inventory than we did the crude oil inventory. but at the end of the day what opec didn't do today and the supplies we have on hand, this thing's not going to run away from me at all whatsoever. stuart: tell me, again, what did opec do today? said no output cap. >> right. they did -- what they did was they did nothing. so that really hasn't changed at all there. it hasn't changed our supply situation. clearly we know that the economy isn't growing fast enough to demand a bunch of crude oil from that area. at the end of the day it's all
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about supply and there's a ton of supply out there. we didn't use as much as we thought we were going to use. that should be bearish, but we're looking at the gasoline number there and we're hanging in there. we rallied 30 cents on the numbers when they came out. stuart: those of us in the financial news business, we're a little disappointed. we told everybody, oh, these numbers could really move the market at 11:00 this morning. zero. i mean -- $48 a barrel. the dow industrials still down 30. >> there's one caveat, stuart. we've got something called nonfirm payrolls tomorrow and you'll find out everything across the board waiting for tomorrow's number. that's usually the case once a month. stuart: why don't you make a forecast of tomorrow jobs number. go ahead. >> i think it's going to be less than expected. i still think the economy isn't doing well. and i think the fed is hell bent on raising interest rate. but slowly but surely near certainty, we're going to start to have some heat put on her heat here and tomorrow's
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numbers are not going to be as good as they like. stuart: that's a decent forecast we'll take it. thank you, scott. oil up 48 bucks an area. still dow down 32. yeah, that's where it is. frankly virtually no change. liz: nothing. dead flat. stuart: i mean zero. ashley: yeah,. stuart: you can say the stock market is going nowhere because the big number on jobs is out tomorrow. liz: yeah. that's right. . stuart: okay. all right. defense stocks. take a look, please. new highs l3 won an air force contract. that's helping stock. defense company doing very well today in a generally go nowhere market. how about apple? ninety-seven dollars per share. got a downgrade from goldman sachs. how about that? all the way from 130 to 97 and we still haven't got people saying it's a buy. signet jewelers. 3,600 stores nationwide. i don't know them very well. they're down 6% today. not very good sales apparently. we've got an ipo to tell you
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about. it sells software and medical record systems to hospitals. it is up 31% on its first day. liz: wow. stuart: politics here. come on. liz: here we go. stuart: politics. donald trump, he's being attacked from several sides. i say some of this push back may actually be working. i think he's taking some heat. according to our next guest, trump just can't help himself but counterpunch very harshly. dan hen ger with the wall street journal editorial board. what do you mean by that? >> well, he seems -- beginning to strike me as trapped inside this trump persona that he created. popular governor -- republican governor of new mexico. and then the inspector general's report came out on hillary's e-mails. it is just her worst week in
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the campaign. she's getting hammered from both sides. any normal person in politics would just stand back and let her bleed; right? instead at the end of the week donald trump elevates an obscure federal district judge by attacking the judge who's handling the trump university lawsuit in a way that elevates this attack on a judge draws the spotlight away from hillary. and i said to myself. what is going on here? why would he do that? and he explained why he would do it when he went to anaheim after albuquerque, mexico. he said if i were nice to everybody, i wouldn't be here today. i would be watching television right now. he's right. but can he just keep doing the same thing almost compulsive attacking people? . stuart: well, he -- i would say that he really needs unity at the convention. >> yeah. stuart: he needs name brand republicans to show up. and if he keeps doing this, they won't. and that's a huge problem for him. you're right.
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i don't think he can help himself. it's a -- he has this knee-jerk reaction every time he gets in front of the microphone. >> well, he's -- you know. stuart: but people love it. >> they love it but they love the media personality. there's no question about it. susan amartinez in new mexico, the president of the governor association beloved. trump needs the political machinery in iowa, north carolina, nevada, ohio, and wisconsin. he needs the governors there to come out and put those machines in motion. and he doesn't help it by attacking this popular female hispanic governor in new mexico. stuart: well, everybody is telling him this. so do you think he will change? i mean not exactly tone it down. but stop picking fights with his own side? do you think he'll do that? >> i think he will if eventually some of these get to the convention and is told by some of the delegates that we are going to have a hard time mobilizing people inside our state unless you tone it down.
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unless, like, someone saying today attack one day a week, be presidential nine days a week. instead of attacking nine days a week and being presidential one day a week. stuart: now, today hillary clinton is going to attack donald trump on his foreign policy. she's going to do that later on today. >> yeah. stuart: that's -- how is that going to go down? i mean her foreign policy success is a very limited as secretary of state. >> well, this relates to what we have just been talking about. hillary clinton is going to attack donald trump in detail about some of the things he has said on foreign policy. and i think there's no question that there are voters who are discomforted by what donald trump has been saying. and she thinks she's going to get some of these independent voters and even republicans to come over to her side because she's more presidential. but the fact is a lot of people, a lot of voters do like donald trump's attitude towards foreign policy. make america great again. and they are not so interested in the fine details that hillary gets lost in. so it's not clear to me -- she
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thinks this is a slam dunk because everyone feels trump is beyond appeal. that may be in the circle she travels in. but out there in the country, a lot of people are listening to him on foreign policy. stuart: and it's the with a i they come across on television. i think screens are everything these days. >> yeah. stuart: how do you come across on the screen? >> there's no question about it. stuart: and he handles the screen far better. >> yeah. stuart: than anybody else on the playing field. do you think, though, that hillary is improving a little? >> no. that's the thing. stuart: really? >> well, i think the speech today will give us an opportunity to make a judgment about that. the way she delivers these public speeches. you know, she talks in this way looking this way and shouting and trump himself said the other day. i can't listen to this. and i must say a lot of people do feel that way. and she -- she's been in politics for so long, you would think she would be able to adjust her presentation, adjust her public image. her own supporters keep saying there is a problem with the way hillary is campaigning right now.
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can she change? . stuart: she can't help herself and he can't help himself. >> right. stuart: have you ever seen an election like this? >> no. i never have. stuart: we never will again i don't think. >> no. we never have. but, you know, this is why half the voters who say they support hillary are doing it because they opuses trump and half supporting trump say because they oppose hillary. stuart: dan hen ger, everyone. thank you very much, sir. check that big board. a go nowhere day. down 16 points, that's not a big movement on a 17,000 index. how about oil? we've got the storage numbers. virtually no change. still at $48 per barrel. and donald trump verbally attacking a setting federal judge. have you seen this before? i don't think so. and what are the implications? judge andrew napolitano on that momentummarily.
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. stuart: look at this. new headlines on the terror front. start with this. the head of euro paul, the head of the police force, isis will no doubt try to attack euro 2016 soccer tournament. ashley: he said head of the europol, which is the eu police agency said why wouldn't they want they want to attack it? the european soccer championships again a week from tomorrow in france. there are has been pressure to cancel because of the high risk of terror attacks. but the french have said "no way" and of course france was a target during those november attacks in paris. so they're well aware that this would be a high value target for isis terrorists.
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the security you can imagine in france starting next week is going to be extremely high. a state of emergency is still in place in france and will be until the end of the soccer tournament. stuart: all right. we hear it. thank you very much. now, we also have this story. we broke this an hour ago. police in germany have arrested three syrians with alleged ties to an isis terror plot over there. steven emerson joins us now. he's the executive director of investigative project on terrorism. steven, i don't think you're surprised to hear about these arrests in germany, are you? >> no. i'm surprised that we haven't seen more of them. isis has already declared that their intent to insert terrorists among the refugee population.and, in fact, we've t in the brussels attack last year. and they continue to round up isis terrorists with papers that have been issued by isis passport makers in syria and iraq. continues to happen with
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increasing frequency and we're seeing it now even on the southern border. stuart: if there were a serious terror incident, another one in europe, that would have enormous political, political repercussions in europe because of the migrant crisis, wouldn't it? >> well, you know, i was thinking about that the other day. and, stuart, you know that in the last five months there have been upwards of almost 1,000 rapes in more than a dozen cities in europe by some of the refugees. there's no -- i'm not being -- absolutely true and police have been feckless. in germany i think angela merkel's term is finished because there's subpoena of a backlash against it by the population. having said that, i don't think that's made a dent in terms of the policies. stuart: not yet. but this kind of event, 1,000 rapes you're talking about, plus terror incidents already. >> well, they've already started. stuart: what did she politics of europe, doesn't it?
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>> well, it changes the politics in terms of changing, you know, the elections, yes. in terms of changing the governments, yes. but in terms of the policies, they've already started to restrict some of the migration -- migrants or refugees. but in germany it's a one-on-one. basically they're going to keep one for every one they send back to turkey. they already have 800,000. what is france going to do? you know, they already have -- look, there are a lot of muslims there that are not -- most of them are not terrorist or radical. but you have 9 million. and of the 9 million who you are indigenous, you have a percent who are radical and those are the ones that participated in the attacks last december. so, you know, it's not just the refugees. stuart: talk to us about this one because three million immigrants have come to america in the last two years. that's three million total. of that total, 1.1 million were illegal.
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just walked across the boarder. that's what it looked like. now, that -- we're vulnerable -- we've not yet seen an attack inside america from border jumpers. i don't think we have. do you think we will? >> you raise a very good point. i can't really tell you -- i mean i think the illegals come here -- some of them are over stays. they come here on their three-month tourist visa, stay here and that's because the government turns the other way. but i think in terms of those coming over the boarder, that's very interesting because increasingly government agents in dhs have been stymied in terms of reporting the number of what they call -- and it's a government acronym. sia. special interest aliens. those are the aliens that come here, apply for a asylum, say we're being oppressed, apply for a background and then find out that they have terrorist connections. what happens?
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they put them in detention and interrogate them and give them a first-class ticket to rejoin the taliban, rejoin al-shabaab and for every 20 they catch, there are 20 they don't catch sop, yes, there are hundreds, hundreds that make it across the boarder in mexico that have been involved in terrorism in the past and it's a ticking time bomb they say. and i spoke to someone last night and they said we're just waiting for a major attack to occur and we've been lucky so far that it hasn't been instigated by someone across the boarder. stuart: that's a chilling note to end it on, but we must end it right there. steven emerson, thanks for joining us. appreciate it, sir. >> you bet. stuart: something completely different for you. 17 technology billionaires have joined an initiative called the giving pledge. in other words, they've agreed to donate the majority of their vast wealth to charity. i guess going to charity. liz, it's a tax dodge. liz: yes. you're going to see new
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members. stuart: i'm a cynic. liz: here are the new members. cofounder of airbnb, intuits founder, and ben tlelol. here's the issue #keeping it real. here's the thing. it's a pledge to give away the majority of the wealth. that's a very good thing. very nice. but these individuals don't really have to disclose how they give it. they could give it to their own charitable foundations that are run by their children. give them air cover. stuart: don't pay state taxes. you love the government but you're got an give me money when you croak. check the big boards. down all 22 points. check the price of oil. we're still i believe $48 a barrel. yes, we are 48.78. oracle hit with a whistle-blower lawsuit about the -- about cloud accounting. you rarely see a big drop for oracle like that. liz: yeah,. stuart: any hint of an account scandal, you've got a problem. now this.
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the pga, golf organization moving a tournament from a miami golf course owned by trump to a course in mexico. look at this. >> i just heard that the package tour is taking their tournament out of miami and moving it to mexico. they're moving it to mexico city. which, by the way, i hope they have kidnapping insurance. you wouldn't order szechuan without checking the spice level. it really opens the passages. waiter. water. so why would you invest without checking brokercheck? check your broker with brokercheck. poallergies?reather. stuffy nose? can't sleep? take that. a breathe right nasal strip instantly opens your nose up to 38% more than allergy medicine alone. shut your mouth and say goodnight, mouthbreathers. breathe right.
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stuart: you may have heard by now. the pga, the golf people moving a tournament from a miami golf course owned by donald trump to a course in mexico. did i just hear donald trump say he hopes they have kidnapping? ashley: yeah, it was a slip comment to say the least. let's not be -- let's be honest. mexico is rated as the number one place in the entire world for kidnappings. so he says it. but there was an element of truth. this is the world golf championship. a very well established tournament. almost the number five major tournament out of four majors of the year. very well respected. been around since the early '60s. stuart: a deliberate slap in the face politically. ashley: yeah, the organizers will tell you that the major sponsors have all appalled out. cadillac being the -- liz: the big one. a cadillac sponsorship. stuart: isn't that interesting inspect major corporations pull out because it's a course
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owned by donald trump. ashley: and they don't want the name associated with it apparently. stuart: there's something similar. let me give you this story. intel, the chip maker, they have canceled a fundraiser for donald trump. it's the same story really. liz: yeah, the ceo of intel. going to have a fundraiser for donald trump at his home in silicon valley. canceling it apparently reportedly after the new york times questioned why they were going to do that. and because, listen, intel has a -- watch this. a 300 million-dollar diversity program. they spend a lot of money on diversity and inclusiveness and also jessie jackson with the company. it wouldn't look good to have a fundraiser with donald trump when he's made this statements against women and mexicans. stuart: would the new york times call off intel if intel were holding a fundraiser for hillary clinton? ics but they haven't made comments about muslims and mexicans and -- stuart: oh, that's it. liz: that's the issue. stuart: i don't see how a
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technology company in california could get away with a trump fundraiser. you can't do that. ashley: they would never live it down. stuart: yeah. i see. all right. i'm sorry. i'm getting carried away here. check the big board. we are down 29 points from the dow industrial average. now this. donald trump's latest attack target. the judge providing over the class-action lawsuit against trump university. trump called him the mexican. he's not. he's actually born in america. our very own judge napolitano will comment next. >> judge has been very unfair, has not done a good job. been a very bad judge, been very unfair, and i will win the trump university case. i already am as far as i'm concerned, but i will win the trump university case my name is fred and i carve heads out of cheese. it's not easy. i was once working on a bust of shaquille o'neill in swiss.
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i haven't worked in swiss since. everyone called me crazy. things really took off when i got my domain name headsofcheese.com from godaddy and now they're selling like hot cakes...made of cheese. got a crazy idea you think you can turn into a success? we know you can and we've got a domain for you. go you. godaddy. ..
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and eric figa market on pause? yes i think it is near the jobs report where it could move the market. an ipo to kill you about. not health, software and medical records system for hospitals is up 40% almost on an otherwise down day. donald trumps attack target the judge presiding over the class-action lawsuit against trump university. mr. trump has called him a max and it is actually born in the
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united states. judge andrew napolitano is here. the mexican said he was a hater, says he was organizing selected press in. have you ever seen anything like this? and that obviously has freedom of speech and can say what he wants. it's a little odd to be attacking the judge in your case during the case. this is not a discrete trial. this is a per track did yours long litigation. what is troubling is that we'll do something about this. didn't say that specifically. imagine if i'm president how the supply out out. there's nothing he can do. the judges life tenure tenure for a reason. the judges in another branch of the government for a reason. the judge's role is to interpret the law and interpret the constitution and respect about the wishes of the litigants are the popular wishes. >> is really upset the legal community. >> yes, it has.
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even people that support donald trump. lawyers and judges are can learn about this kind of a heavy duty personnel at him and her. it's been that the campaign had understand how significant and damaging this can be to her candidacy. >> for the first time, during memorial day weekend, john podesta and the general chair of her campaign sent an e-mail to her daughters addressing us in suggesting how donors in their ordinary conversation can minimize that by comparing her behavior with general powell. i attempted to make the argument that these are apples and oranges. general powell when he was secretary of state powell answered e-mails from a government colleague in the state department about two or
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three dozen times using his personal e-mail account. and none of these distances for top-secret matters involved. he didn't have his own server. he just did it because of convenience because of where you happen to be at the time he received the e-mail. two to three dozen times. mrs. clinton migrated 66,000 e-mails away from the government streams and are her personal server. 2200 of those notified state secrets. there's no comparison whatsoever. the interesting thing as you point out for the first time publicly. publicly the campaign is recognizing how treacherous this can be. the state department the state department -- he once headed has rejected every single defense she has offered to this bizarre e-mail set up. >> the democrats retired from this program keeps saying it's not aimed. it's of no concern.
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we will get over this and beyond it. >> i think there've been a little disingenuous. these are their talking points, but they're privately concerned. stuart: judge, thank you indeed. listen to this story. you can comment if you want. >> got to be about litigation. stuart: of course. everything in america is about litigation. this is not funny. a family has filed a lawsuit against a recreational marijuana come me, claiming that their edible product, eating marijuana are responsible for a murder. wait a minute and i have never heard marijuana linked to that kind of behavior before. ashley: this is edible pot basically the form of a tootsie roll candy. this individual took -- after
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taking it, the lawsuit claims he became very erratic, psychotic, paranoid and ended up shooting and killing his wife with three kids in the corner. he was arrested. a lawsuit has been filed holding the maker of the pot responsible for not properly labeling the product. they say that doctors have a list of ingredients. there is nothing on the packaging of this edible pot to warn people about what it could create within individual. not even the amount of drug in the candy and so on. the prosecutors say pot had nothing to do with this. this is a marriage under stress and led to the shooting. stuart: is there any other drug in all flight alcohol? ashley: not according to this. >> marijuana is associated with lethargy. it's not associated with violence. is to be a bizarre unique argument that would require you
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expert testimony. somebody's going to have to hire a professor of chemistry some wire. ashley: another case of a kid in wyoming took six times the normal amount. he ended up jumping out of a window and killing himself suffering from hallucinations. stuart: more comments. >> i never know what's going to come for me when i come in the studio. and then you have somebody who renounced the queen. [laughter] let me get out of this. here's how you get out of it. a statistical dead heat with bernie sanders in california. and i would hope at best. former obama white house senior year. i've been saying throughout the day that hillary is fighting for her political life in california. it is absolutely must win and
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that paul is not good news. you say? >> i say it is a very competitive state and hillary is not taking anything for granted. that's the secret here that hillary has been fighting for every state the entire time despite other folks thinking she's inevitable. on the flipside, the numbers in california and how that matches up with the math nationally. bernie sanders of have to win by 30.2 even be considered a contender for the overall domination. stuart: it's not delegates. that's not what i'm getting a good i've no doubt whatsoever hillary clinton will get the required number of delegates to secure for my denomination. it is going to happen. the loss if she were to lose california is such a huge stay. the most important state in the nation politically frankly.
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if she lost it, it's a gigantic loss of face an enormous loss of momentum right before the convention. i'm not sure she could survive that. >> for survival is going to be judged by who gets the nomination in the end. coming june, july, she is the democratic nominee. she will be the first woman to head nomination for political party. a general election is different than a primary. at this point is very competitive. hillary is in california, not new jersey where her numbers are better. she's there every day fighting the fight. you will say she is also running a general campaign because everyone expects hillary clinton will be the democratic nominee. stuart: that is true. bernie sanders is doing so well and will have such clout at the convention that he will shift a lot of policy way over to the left, specifically the nurses union supports bernie and is
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determined to get a single payoff health care system on the democrats platform. i don't think you would deny that the fire, far left will have enormous influence on the democrat policy going forward. >> that's probably what ernie is fighting for. it is ultimately to influence the platform and the broader conversation of how we discuss everything from middle-class family economic benefit to taxpayers and of course wall street. that will be interesting to see how this plays out vis-à-vis the democratic party agenda. i will say that it is much ernie and hillary do have a lot more in common than the progressive left, liberals group of people have a lot more in common with each other than they do with donald trump. elections to come down to choices and the choice to lend it be the choice will end up being hillary or tron. stuart: let's just call them all
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socialists. >> i am not a socialist. thank you very much. we will see you. breaking news on uber. and new york taxi group. liz: suing in a federal court in manhattan and wait a second, we are employees. we are not independent contractors. they want over time, expenses covered, better wages. the suit was brought by the new york taxi union group. he is seeking again and again. stuart: i don't don't understand this. i've got to straighten it out. it's a uber driver is suing the uber. they want to be employees, not contractors? liz: yes. the 5000 uber drivers are in the group. they are representing them in this suit.
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basically it settled already. but they want a hundred million in california. stuart: moving on swiftly to the big lord. go nowhere. 25 points down is where we are. the price of oil still 48 box. nope, 49. that is a turnaround. maybe the sox will turn around, too. it came on the show today. donald trump can take the hits from hillary but he can't keep taking them from his own party. we will do with that in a moment. sunday june 5th from 8:00 p.m. eastern, fox news launches the new seasons of legends and lies in the patriots. the first episode features and items in paul revere. liz: they are already here on the set. >> whether freedom or slavery.
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was down more than 80. and manufacturing report in new york with a big disappointment. in addition to energy wayne, opec didn't curb their production in any way. the dow is down 21. here's a look at the dow losers in the exxon and chevron. microsoft to the downside, down over 1% and having a collaboration. in the news, we are watching right now you can see it is down 7%. fox down $14. that is off the lows. that is a winner. kate spade is to the downside. better numbers for the quarter. health care up for the seventh straight day, keeping ni on number one and the s&p 500. start on fox business at 5:00 a.m. i'll see you there.
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stuart: starting in november, we will be singing a new president. on every screen, every day for at least four years. whether it's hillary clinton or donald trump, the new president will be front and center in american life. these days you cannot escape the presidency. so here's the question. d. want hillary clinton or donald trump in your life so to speak for four full years. voting for a president, a very personal decision and this time around for many people, that's a tough decision. start with hillary and bill because this would be a presidential couple.
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granted, bill would take a backseat, that is going to be running the economy. that means that to the future. a presidency for the personal is front and center. hill and bill are perfect together in the oval office. and there will be lawyers everywhere. and then there is donald trump. tuesday of this week when he had presently touring to the media, he was asked if it would be like this if he were president. yes he said. what you see now is what you get. that means something very, very new. insults would flow. daily in-your-face comments. many people find it entertaining now. but would it still be entertaining by 2020? a daily dose of donald for four years? this is the era of the screen. phone, tv computer. the next president is literally walking around with you on your phone, sitting on your office
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computer, popping up on tv in your living room. are you ready for this? the next presidency will be ubiquitous, meaning absolutely everywhere. who do you want? we are told policy dominates elections. this time around it is personality. who can you take on your screen? which person do you want on your screen every day for four years? that's a fair question. who do you want on your screen on every single day for four years? let's bring in charles hurt. political columnist. i believe charles is a trump guy. is that correct, charles? >> i think that's probably a fair assessment. >> is it fair for me to say do you want this person, hillary and bill? everywhere for four years? >> yeah, i think it's an
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excellent way of looking at it. it is especially true in this election when you look back at the rating that the republican debates have gotten with donald trump's ability to manipulate the media and manipulate the message every single day has just been absolutely astonishing. he successfully blanketed everything. if he was in the white house, you take the normal stuff that we have to endure with the president to begin with and make a times 10. stuart: but do we want that? do i want this? are we going to get tired of it by then? >> part of the appeal of donald trump is he's a very funny guy and he says things that are very unexpected. obviously, he says a lot of things that people shriek out and cringe at. the bottom line is he says things that nobody ever expects
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and that has been something that he's been a busy year. a huge number of people are still not tired as of yet. a lot of people are, but those people didn't like him from day one. i think that ability for that fearlessness to just say whatever crosses his mind is what makes him so watchable. stuart: we are still entertained, aren't we? it is gripping. you may like the guy or not like the guy. can't take your eyes off him and a free flow news conference. how about hillary. do voters want her and bill on the screen every day for four more years? >> i think she has the exact opposite problem. she obviously says things that are a lot more political and far more calculated in terms of
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trying to keep herself out of trouble. my goodness, people are bored by her and that is why she's having such a hard time wrapping this up. if california is an important state nationally, it is super important in the democratic primary. she's going all in over there. 30 appearances over the next several days, both her and bill clinton. even if it's just close, if she wins by the tiny margin, it reveals the real problem not only in the general election, but just with their own party. people are tired of her. they are tired of politics as usual. stuart: basra and real fast. am i right in saying when americans go to vote in a presidential election, that personality is just as important as the policy which the candidate represents.
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it is a very personal thing. >> without a doubt. with every single presidency, it becomes more and more important that the person who is running is somebody that appeals to people on a gut level. the way barack obama did. stuart: you prefer to have a no-space-on rather than that one. charles, good stuff. thanks for joining us as always. no brands if you don't know is the parent company of victoria's secret and bath and body works. sales better it may. that stock is a nice winter. 3% otherwise go nowhere day. look at this. you may not recognize him but that is shaquille o'neal as a car service driver. he is trying to disguise himself. it was indeed a commercial for a lift. you'll see the rest of you
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stuart: uber is getting a $3.5 billion investment from saudi arabia's public investment fun. morgan ortegas is here, and she, by the way, was the deputy secretary attache in saudi arabia for several years. >> i was. stuart: lived there, worked there. >> i was working with the saudi government to curb funding to terrorist groups. so you're welcome. [laughter] suiter stuart thank you very much for your service. hold on a second. other financial broadcasters have looked at this investment and said it's going to value uber at $65 billion, this is very interesting, largest private company in the world. i'm focusing on why did saudi arabia put money into uber, which is a car service, when you can't drive as a woman in saudi arabia?
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>> so uber already exists in saudi, and about 80% of the users in saudi are women, of course, because they can't drive. stuart: you're kidding? be 80% are women? >> because women can't drive. the families were having to pay individuals, you know, to drive the wife, the children around because they couldn't do that for themselves. so think about taking the kids to school or soccer practice. so uber offers up more opportunities for women to get themselves around since, apparently, we're far too fragile to drive ourselves. stuart: is this the new saudi arabia trying to change in a back door, oblique way? >> i think it's a smart investment for them. consider, of course, the price of oil where it is, it's risen 90 percent in the past few months, but it's still low for them. breaking even could be 80, 90, $95 a barrel depending on who the analyst is.
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they're almost half of what they need to not have a deficit. it's not going to happen overnight, autonomous vehicles that google and the car companies are working on, but over time demand for gasoline is going to get lower and lower, is so i think they're looking at a future investment for the country. stuart: three syrians arrested in germany in connection with an isis terror plot. you know something about this. my point would be that this is, this really changes european politics. this kind of terror arrest. you've got 30 seconds. >> well, not only the syrians, but look at what's happening with italy and the libyans. the libyan coastline, the italian coastline are separated by a small part of the mediterranean. until the civil wars in syria and libya have some sort of conclusion, europe is going to continue to battle with this problem because they have porous borders, they can go back and forth -- stuart: and it's affect their politics. >> this is why in 2011 me and plenty of people said we can't ignore this. we can close our eyes, but the
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civil wars will affect europe and, in turn, the u.s. stuart: dramatically so. morgan ortegas, thanks for the information on saudi arabia. >> you saved the best for last, right? stuart: absolutely. [laughter] we're flat out of time so, connell mcshane, the time is now yours. connell: good to see you. an all-out blitz to get donald trump from the democrats is what we're covering on cavuto coast to coast. over the next couple of hours, we'll be talking about, certainly, hillary clinton. she is, today, ability to make this big -- about to make this big foreign policy speech out in san diego. everybody's been saying it's expected to be, basically, a trump takedown attempt. the clinton foreign policy speech. but it comes just a day after president obama knocked trump's economic plans in a speech of his own. so they're hitting from all sides here against donald trump, and they're hitting him -- trump -- on the same issues that really led to his rise if you look at the polling. so will this blitz, as we're calling it, knock him down?
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