Skip to main content

tv   Varney Company  FOX Business  June 30, 2016 9:00am-12:01pm EDT

9:00 am
won't say anything. maria: my final thought is close. if i were hillary i would put a frying pan to the test. anthony scaramucci, lee carter, everybody have a great fourth of july, i will see you sunday morning, after 8 begins now. stuart: what was the attorney general doing meeting secretly with the husband of a presidential candidate who is under fbi investigation? this is another twist in a wild election year. good morning, everyone. the appearance of conflict of interest hangs over the justice department today. the top law enforcement official in this country should not be meeting with anyone connected to an fbi investigation but the meeting took place in the media is ignoring it. look at this. the federal election commission democrats want to punish fox for holding a two tiered debate. they say the candidate in the
9:01 am
first debate received an illegal contribution. let's get to your money. steady as she goes one week after the british vote, up 550 points on the tao the last two days opening ever so slightly higher. next question, why didn't this diamond cell? it is the size of a fist, went up for auction, didn't meet the reserve price, was withdrawn. maybe in diversionary times diamonds no longer draw big money. boris johnson out of the pm race in britain. "varney and company" is about to begin. >> a chance to end the outrage of extreme poverty. we can realize our goal of the first aids free generation. we are fighting climate change. let's bring it into force with you. true equality for our fellow
9:02 am
citizens. our work won't be finished until all women in our country are truly equal. we will continue to welcome refugees. these are universal values and we must be bold in their defense. stuart: that was it, that was a wish list of liberalism from president obama. wipe out poverty, aids, global warming, bring those refugees in. we have a lot more on this coming up on this program today. an update on terror. a series of american airstrikes killed 250 isis fighters driving in a convoy outside falluja iraq. 40 vehicles destroyed, despite 24 hours after the triple suicide bombing at istanbul airport, turkish police have arrested 13 suspects in connection with that bombing. authorities say the attack has all the hallmarks of isis. no claim of responsibility yet. it has been revealed that the bombers were three of them from
9:03 am
russia, pakistan, to the markets, looks like a slightly higher open for stocks today. in the background, reports out that boris johnson will not run for prime minister of great britain. we are not sure how this affects our markets but britain/trump is not going to be the prime minister of britain, no impact on america thus far we believe. s&p futures up ever so slightly. i will call that flat. the price of oil flat, it is down about a buck and is at $48 a barrel. individual companies on the move today, tear one losing money, weaker sales. it will be down big at "the opening bell" in percentage terms, you might say this is another retail ice age story. something similar, tractor supply cutting it up, red arrows down about 6%, 7%. back to the bombshell report we brought you at the top of the program.
9:04 am
loretta lynch, attorney general privately meeting with bill clinton, husband of hillary. agenda napolitano, we are dragging him out of vacation and putting him on the phone and he is with us this morning. i say this meeting should never have taken place. it is a flat-out conflict of interest and the attorney general should recuse herself from this case. and i going too far? judge napolitano: i don't think you are going too far. i agree with you as does much of the legal community this morning which is waking up to what these two folks, the attorney general and former president thought would be a well-kept secret. imagine at a major city, the remotest part of it, she gets onto her private jet, impossible for the media to know what is going on. what they have concocted by -- would this have happened or what they have just talked about their grandchildren?
9:05 am
the attorney general is the chief law enforcement officer of the land. her agents and lawyers, more than 100 of them, two serious, the investigation of bill clinton's wife, hillary rodham clinton, it is inconceivable that she would permit herself to have any kind of contact with the husband of the target of a criminal investigation. the appearance of impropriety is so profound, no one could accept that she is now neutral in this case. stuart: thanks for joining us this morning on short notice, we really do appreciate it. get back to your vacation. judge napolitano: thanks very much. stuart: a political commentator, you just heard what the judge had to say and i think the attorney general should recuse herself from this case at the very least. >> at the very least. i think it is a resignation matter. this is the second time the
9:06 am
administration has done something like this. back to the irs scandal, what you see is what out to be an objective, nonpartisan government brought to bear to support the democrats. i cannot imagine she was in a private plane where it happened, this is not right and -- stuart: it is not what they talked about. the attorney general said they talked about grandchildren but that is not the point. the very appearance of conflict of interest is the point. it should never have taken place. >> it was secret. does she need to park her private jet next to his private jet and chat about grandchildren? stuart: it doesn't pass the smell test. that is the line of the day. i have more for you later. i'm staying on politics. hillary clinton up 44 to 38 over trump in a head to head matter. clinton's currently is just inside the margin of error. since the last poll clinton has slightly widened her lead. it is now 4438.
9:07 am
that is fox news poll, hedge fund billionaire and gop donor paul finger says donald trump's presidency if he were to be president could create a depression. i repeat a depression. art laffer is with us, former economic advisor to ronald reagan. is mister singer in any way accurate? depression globally? >> i don't think he has the information that would allow him to forecast that. from what i see, taxes on corporations and individuals it would be just the reverse. i don't know what paul is talking about. i know paul fairly well, he is a heck of a good guy and very good many manager but i think he is wrong on this. stuart: he could be referring to donald trump's stance on trade. he is flat-out a protectionist talking about tariffs on people bringing imports into america. that is a reversal of 50 years of economic policy in america.
9:08 am
maybe that is what he is referring to. >> maybe he is but that is also what hillary clinton stands for and bernie sanders. the way i read it donald trump is less protectionist than either of those two. i am very afraid of trade protection legislation and action i don't think that is what will happen under donald trump. stuart: he came out and said it. tariffs on stuff coming into america. >> his latest speech did not say tariffs on all those products. he has modified his position of the time. i don't want to defend him on his trade positions, all i see is i see him evolving as all politicians, every single one of them does not have a clue what trade is all about. it is not about jobs. it is about creating valuable income where we can diversify what we produce and raise income level dramatically and when we put on protectionist legislation there has never been an improvement in jobs but there
9:09 am
has been a huge destruction of the value of income the caused decline. you are absolutely right, protectionism is wrong wrong wrong. stuart: is there any way you can figure out from what donald trump has said that he could in fact bring back steelworker jobs to the pittsburgh area or other heavy-duty manufacturing jobs to other parts of the country? >> of course he can but not by putting up protectionist legislation, by lowering the corporate tax rate 15%, that will bring them back really quickly. the reason we don't produce jobs is not rocket surgery. if you have two locations, raise taxes in b and lower them in a, producers and manufacturers will move from b to a. that is what has happened in this world and it is a tragedy and he will bring jobs back if he brings on tariffs, it will hurt the economy, that is all there is to it. stuart: please get to mister trump and sort him out about protectionism. >> by the time he is president
9:10 am
these people evolve on this, trade is not a natural intellectual area for anyone other than economists and all economists left and right agree free-trade is the right way to go because we studied the subject and he will move towards that i'm sure. i would be very disappointed if he doesn't but ronald reagan move towards that very nicely and i think donald trump will too. stuart: a moment of reassurance from art laffer. other subjects for you, do not go away. still on politics, still on donald trump. fox news poll most voters feel donald trump is, quote, hotheaded. 89% of those contacted say he is hotheaded. with your calm british accent, the we use. >> this is something donald trump people should be worrying about. i try to be positive, he got rid of corey lewandowski, that was a positive first step but he has got to replace them with someone who speaks policy.
9:11 am
policy is not mister trump's forte. fighting political correctness is his forte. he needs to be the grown up in the room. he needs to get some people around him with sensible policies. liz: he was considered a hothead. who will handle the 3 am phone call? will mister trump overreact and trigger a geopolitical crisis or could hillary clinton, political strategist. stuart: it is not good if tween 9 out of 10 people think you are a hothead. that is not good. do you think boris johnson suffered from the same image? if you're just joining us boris johnson has dropped out of the race to be future prime minister of great britain. a bombshell report came out earlier this morning. >> there are parallels with the trump situation. the guy who is likely to replace
9:12 am
him as the lead candidate, a sensible, steady guy, he said he was not persuaded that boris could be a sensible leader. donald trump is in the same exact position. hillary is -- it is frustrating to republicans, all donald trump needs to do is just wised up and settle down. that is it. she is so beatable. stuart: last word to lizzie. liz: i am on the spot here. i can't follow that. trump did close the gap after the orlando shooting and could close it afterwards going on in turkey but louise is right. does he have time to settle down and professionalize his campaign? stuart: four weeks to the convention. >> 38% is not good. that is primary vote level. he needs to act like he wants to win a general election. we will look at the futures
9:13 am
market. this is how the dow industrials are likely to open, a little higher. no impact from the boris johnson announcement from britain this morning. it looks like we are on the road to a recovery from the british vote. looks like what is going on in britain has no impact on us at all. up 10 or 11 points. look at this. an interesting video. a rescue on a roller coaster in oklahoma city, tom -- it is called the silver bullet. a right at the front or city amusement park. most of those trapped were children. the fire department rescued them all, people in the front car got out first must be nerve-racking, is it not. >> just in time for the july 4th weekend. stuart: senator elizabeth warren has blasted americ technology company, she says
9:14 am
apple, amazon, google, they are monopolies and they act like it. do something about it. can you call this a big win? 250 isis fighters killed in an airstrike in iraq? we ask former general y weren't we taking them out like this two years ago? more varney in a moment. this man creates software, used by this bank, to protect this customer, who lives here and flies to hong kong, to visit this company that makes smart phones, used by this vice president, this little kid, oops, and this obstetrician, who works across the street from this man, who creates software. they all have insurance crafted personally for them. not just coverage, craftsmanship. not just insured. chubb insured.
9:15 am
9:16 am
9:17 am
stuart: for a long time oil the stock market driver. not so much these days. it is in that narrow range of $40 a barrel down a buck today. tomorrow we get the latest read on the number of oil rigs in use in america. that could affect the price. higher profits at the parent company of olive garden, darden. sales disappoint, down a couple bucks in "the opening bell". look at this, the drugmaker, positive news on results of an ovarian cancer drug. yesterday it more than double. it will down a couple bucks a day. we bring in doctor siegel about this development in the entire very and cancer drug at the end
9:18 am
of the current our. terror. a series of american airstrikes killed 250 isis fighters driving in a convoy outside falluja yesterday. why weren't we doing this two years ago? >> i can't answer that. this was a tactical strike, a good strike and i guarantee special operations on the ground identified and marked these targets, precision bombing made a huge difference but it is a tactical operation. we yet could have a strategy that would actually make this and other similar strikes come together to make a difference in terms of the future of isis. stuart: we take a look at a map, a map that isis revealed, revealing their covert units spread across the globe. this is from isis. they released this map just
9:19 am
hours after the istanbul terror attack, the riskiest areas include the united kingdom, spain, france, germany, russia, turkey, john kerry says isis is on the run. that they are losing. what are your thoughts on that bearing in mind that map? be change keep in mind john kerry also said allowing iranians to have a nuclear weapon as a result of this year-end deal was a good idea so his credibility is not that high on this kind of thing. isis is not on the run. isis is expanding, they are in 19 countries. what we did killing these 250 isis fighters needs to go into libya. that was their new base of operations and needs to extend to other places where we can clearly identify isis buildups, isis training camps, isis preparation areas and we need to go after them which is why i say this is a tactical success but
9:20 am
it is not tied to a strategy that gives us some reason to believe we are going to be successful at destroying isis. stuart: thanks for joining us, always appreciate it, thank you. take a look at the broad market indicator, your attention back to what is going on in the market today. it is slightly higher at "the opening bell". the fallout from brexit is evident in markets around the world. who is that? something to do with the brexit vote. the leave campaigners are happy the day after the vote. will other countries follow britain's lead and drop out of the european union? that could be real trouble for our market and everybody's market. we will see. democrats on the federal election commission try to punish fox news for holding a two tiered debate.
9:21 am
the candidates received an illegal campaign contribution in the first debate, they say that was an illegal campaign contribution. not sure we can explain that. if you're taking multiple medications, does your mouth often feel dry? a dry mouth can be a side effect of many medications. but it can also lead to tooth decay and bad breath. that's why there's biotene, available as an oral rinse, toothpaste, spray or gel. biotene can provide soothing relief and it helps keep your mouth healthy too. remember, while your medication is doing you good, a dry mouth isn't. biotene, for people who suffer from a dry mouth. if you have medicare parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window. no waiting to apply. that means now may be a great time to shop for an aarp medicare supplement insurance plan,
9:22 am
insured by unitedhealthcare insurance company. medicare doesn't cover everything. and like all standardized medicare supplement insurance plans, these help cover some of what medicare doesn't pay. so don't wait. call now to request your free decision guide. it could help you find the aarp medicare supplement plan that works for you. these types of plans have no networks, so you get to choose any doctor who accepts medicare patients. rates are competitive, and they're the only plans of their kind endorsed by aarp. remember - these plans let you apply all year round. so call today. because now's the perfect time to learn more. go long.
9:23 am
9:24 am
you guy's be good[ bark ] i'll [ bark ]later bye. see ya pal. ever wonder what your pets do when you leave home? [ laughing ] aw you cutie pie. aw. aw. aw. aw. [ barking ] [ washing machine running ] party's on! know what your pets are up to with xfinity home. xfinity. the future of awesome. see the secret life of pets, in theaters july 8th. stuart: we are 300 points away from where we were with the british vote but this thing may
9:25 am
not be over. and other countries follow britain's lead and they and to leave the eu as well we may have a real problem. who might be next? >> i don't think there will be any more referendum votes but i think the euro currency is in danger of falling apart. without british money you may see greece leave the euro in the next 6 months. but when there is drama for you and that is what i want. how about boris johnson, stabbed in the back? >> slightly stabbed in the back. michael rose may well be the next british prime minister, he was the man to leave the country. stuart: we asked to get all of that in and she did it in 30 seconds. if you are not careful you will be back. one last check of futures before the market opens, we will be up ever so slightly by six points. i will call them basically flat. "the opening bell" is moments away and we will take you there.
9:26 am
there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be.
9:27 am
...
9:28 am
9:29 am
>> seconds to the opening bell and on this thursday morning, we bring you news from the chaotic politics of great britain, i do not believe it
9:30 am
will affect our markets here. just like "house of cards". and dropped out, apparently was stabbed in the back. ain't that house of cards? i've never seen a single episode, but i'm sure that's what it's like. bang! it's 9:30 and it's a thursday morning and we're up and running. how big of a recovery are going to make off the brexit vote. we're up 27 points, 28 points in the early going. on the left of the screen. all 30 dow stocks, three unchanged, one-- most are green, ladies and gentlemen, that means they're up and the dow is up 38 points. how about a broader indicator like the s&p 500, where is that at the moment? ever so slightly higher, a five point gain. the nasdaq and home of the lovely technology companies, .3% higher, but higher it is. the price of gold, i'll bet it's down, it's down $5 an ounce, 1321.
9:31 am
there you have it, the stocks are up slightly, gold down slightly. how about oil? no impact on stocks or gold. it is down about a buck as we speak. here is an important number. 1.50%. that is the yield on the 10-year treasury. add a point and a half to that and you've got the 30-year fixed rate mortgage. we may see a-- what was that? sounded like a buzzer. i i'm droning on. most banks received clarence by the federal reserve to buy back their own stocks or pay dividend. and a ruling that just came out. all of them up. citi, more gun, et cetera, et cetera, can't read them now. how about general electric. goldman sachs raised its price target on that stock and up it goes. how about pier 1, losing money.
9:32 am
weaker sales, i guess you could call this the retail ice age. it's a similar story at tractor supply, there's a remarkable company, great performance in recent years, backing off 3 1/2% today, a rather weak outlook at tractor supply. now, the cable channel starz, the movie production company lions gate reportedly making a bid to buy starz, i don't know why we've got consolation brands up there, that's starz, is that right? >> no. stuart: no, that's not right. we'll sort it out for you, fans. and lower sales at conagra, including peter pan peanut butter, healthy choice and a dozen others. down 2%. who is going to cover this market for us today? louise with us, liz macdonald, dr, and in tennessee retirement
9:33 am
capital of the world, i understand. don't retire, art. >> don't worry. stuart: 27 points, 17-7 on the dow industrials, i'm prepared to say and dr, see if you agree with me, whatever impact there was in america from the british vote last week, it's gone. it's over. no more impact at least for now and you say? >> with the qualifier, stuart, i'll agree with you. i think the impact of the vote is over. what we'll see now is reverberations as we hear what else is going on as a revolt of this vote. are we going to have other countries that are going to look at pulling out or doing some variation with the euro? >> louise here knows a thing or two about the europeans, she's a recovering european. you don't think there will be another country voting or not? >> the eu does not like democracy and hate referendum because bad things happen when you let the people vote. but without british money, i
9:34 am
don't see how the ecb can sustain the euro in the present form. i think we'll see a euro of the rich countries. stuart: when you see that shrinkage, that's going to create some serious problems for the world's financial markets? >> and-- that's right. >> that means the stock markets around the world. >> i would agree a stable euro at a lower level when we weed out the other. stuart: larry levin, same question, for now has the impact of the british vote worn off in america? >> yes, definitely. if there is anything else, there will be a buying opportunities like that was. the most profound thing i heard in a long time, there's trouble when people vote, i thought that was interesting liz: a simple majority. stuart: look at that chart. look at that, will you, please, that's a recovery. the t at the bottom of the screen is thursday. you're nearly back to where you
9:35 am
were before that vote liz: a rollercoaster round trip. stuart: that's a cliche, lizzie. >> a five minute storm in a very british tea cup. stuart: that's good. listen to this one. there are now $10 trillion dollar worth of government bonds around the world where you don't get a dime's worth of interest. in fact, you actually contribute money to the government because they don't give it back to you. art laffer, i can't see how that helps any country,certainly not america, and you say? >> i agree with with you totally. but i also disagree with your panel, if you may, i think the british brexit vote will actually improve stocks, improve the economy. there's nothing better for this world than competition amongst governments. they are the most-- they are the --. stuart: they are crying into their beer, woe is me, armageddon. >> it's not armageddon, it's the best thing that happened. it's great if they broke apart and had competition like our states do.
9:36 am
our states without competition would make washington d.c. look like free enterprise. if the competition, the states are under control and having britain out creates competition among countries and create prosperity. stuart: you're so right. even though you're in tennessee you're so right. >> it's been covered in tennessee, no income tax liz: i think that art laffer might agree how bankers respond. a trillion dollars of global bonds went negative according to bank of america, after the brexit i.t. vote and that covers taxpayer payouts. stuart: they're not quite relevant, but not the movers and shakers of the world at this moment, larry. >> i guess the only way they're relevant is by doing more monetary easing so the markets can go up. they have no control, unfortunately, they're hoping the economy improves in the right direction.
9:37 am
the market goes in the right direction. i agree, there's very little control here. stuart: i'm fascinated by art laffer saying that the british vote to leave and the possible breakup of the european union is actually good news for our stocks. and i'll give you 20 more seconds on that. >> yeah, what you're going to see, ireland is going to be the next one to leave because ireland can't live with europe. ireland is a central little core for the english speaking world and ireland has been devastatingly killed by the euro and common market. stuart: hold on a second, i want to break away from market coverage to bring you breaking news which we will be following. fox news has confirmed that andrews air force base is on lockdown. the department of defense official confirms reports of an active shooter. obviously, we're monitoring the situation. this is an ongoing story, we're on it and we'll bring you developments as they occur. i want to get back to the markets. this is thursday morning,
9:38 am
something of a recovery after the british vote and how about verizon? it's up 18% this calendar year. there are reports that verizon will offer unlimited and rollover data plans, rollover means if you've got two gigs of data a month and you don't use it all, the balance carries over to the next month. down to 54. remember, i own a piece, a very small piece of microsoft. windows 10 running on more than 350 million devices. microsoft is back at $50 a share. top pay rates for united flight attendants are going to rise about 31%. how about that? >> that's news. and the investors don't particularly care about that, don't particularly like it liz: it's on a cost cutting move, but he has to keep assets in the door. stuart: that's flight attendants. my heart goes out to flight attendants, can you imagine that.
9:39 am
but their pay goes up 31% over a period of time. >> top tier pay so the highest and best flight attendants get that. >> they're the ones that go on the international route. the longevity. there's a payment processor, name is paychex, p-a-y-c-h-e-x. better profit and the stock is hitting a new high, up 1 1/4%. the higher profits of the company of olive garden, that's darden restaurants, dri, sales disappoi disappoint. don't do that. down 4 1/2% for darden. >> care.com, a winner, it's an on-line marketplace for managing family care. google has a stake. get to the point, nicole, what's with the stock. >> alphabet, google's capital, now they're investing money because they believe in care.com. care.com, child care, elderly care, housekeeping.
9:40 am
they're investing over 46 million dollars. this is google capital. they become the top shareholders and they get a seat for the board members and now care.com does a buyback and relative small company, less than $500 million market cap, but alphabet sees this as a growth potential. they're putting their money into this one. >> anytime you see the stock go up 34%, i want to know why. when google puts in a ton of money then you know why it goes up. the i go about board shows a gain of 50 points. not a bad deal on a thursday morning. 17-7 is where we are. now this, senator elizabeth warren taking aim at monopolies. she has apple and google in her sights. art, could many-- come back in, she says the companies behave more like monopolies and they should be
9:41 am
looked at. >> she knows what she's talking about she's from the biggest monopoly of all the u.s. government, that should be broken up not the kms. it's terrible what she's saying on this stuff. i've never seen anyone more wrong in my life than she is on all things economic. stuart: liz. >> the reaction on social media and how dare these companies innovate and create thousands of jobs? every business person is trying to start a small business should be restricted to their garages, none of this hiring nonsense. the other reaction, what about the monopoly in education with the teachers unions? >> our recovering european is here, what do you make of this? the europeans are going after a couple of these companies and they want to rein them in and say they're monopolies. what say you? >> i'm surprised elizabeth warren is biting the hand that feeds her. these people are so in the tank to the democrats, but i think it represents what art says, an
9:42 am
opportunity for britain and an opportunity for the united states. they will move their headquarters to britain where they're not going to be constrained by these laws. stuart: they're not going to do that. >> no, no, no, i don't know. stuart: apple moves out of california. >> they don't like the anti-trust laws, the right to be forgotten, et cetera. the europeans regulating they're going to lose a lot of business. stuart: i can't believe that apple would leave cupertino, california. >> no, excuse me, i did not mean apple, apple. it's the united states headquarters, the european businesses may come to britain where they're not going to be-- >> and in ireland, treated as a tax haven for itself. apple in ireland. stuart: when the justice went after microsoft in the 11990's and said there they were operating a-- they broke them.
9:43 am
if you have a democrat administration for the next four years you could see some serious downside action taken against the apples and googles and amazons of this world. you could. >> i think what your guest said is correct. they could well move to britain. what i think is going to happen. ireland is going to be the hong kong of the english speaking world and when hong kong leaves, that's where they'll all locate is in ireland. and you know why everyone's investing in ireland, doesn't you, stuart. stuart: yeah? >> the capital is always dublin. [laughter] >> oh, took me a while. oh, oh, okay. i will laugh. >> witty. stuart: thank you, sir. would you buy apple, dr? i think it's 93, maybe 94 this morning, would you buy it? >> well, apple for the long-term, stuart, is still going to be doing amazing things. will it be the big growth stock it's going to be? i think not. i think you buy it as a cash
9:44 am
cow, as sort of a legacy stock that's going to continue up, going to continue raising the dividend and do some things with all of that cash and i'm betting on more innovation out of apple. stuart: i know you're not a stock picker and you're emotionally attached to the apples of the world. >> i would take my money in amazon, that guy knows his business. did they ever see a business success that they didn't hate. stuart: 7730 and small change, that's close to the high. show me the banks, please. i think they're moving higher. most have received clearance to pay dividends again and maybe buy back their own stock again. most of those on the board are allowed to do that now. fractional gains, that's all we've got. morgan, citi, b of a, morgan stanley, wells fargo. >> can they now pay dividends
9:45 am
and buy back their stock, a big plus, you think? >> yeah, we've seen tons of american companies pushing the prices up and banks being able to do that will be a plus for them as well. i think you'll see a lot of that now that it's allowed. stuart: dr. >> i think one of the things we're seeing banks come up off a low level. but i think this issue, stuart, is not going to override the fact that -- that they still don't have the ipo business and that the low interest rate environment is going to last-- >> i want to bring up one last subject and that is the yield on the 10-year treasury is now 1.5%, it's way, way down in the last week. i think that leads to 3%, 30-year fixed rate mortgages liz: yes. stuart: i think that could be a huge plus for the housing market. the second housing market in particular liz: and we get the new freddie mac numbers coming out. half of the global bonds are 0.85% according to bank of
9:46 am
america and merrill lynch. watch that safe haven and-- >> you can't get over-- >> i am. it's negative and can't get over it liz: who would have thought. stuart: time is up. it's 45 minutes past the hour, thank you very much indeed, art laffer, dr, larry levin in chicago. appreciate you being here. 43 points higher for the dow jones industrial average. we're about 300 points still shy of where we were right before that brexit vote last thursday. got that one. and now, lower sales at conagra, got a couple of individual stocks are moving. conagra, lower sales, they've got a whole raft of denver brands. peter pan peanut butter, healthy choice. nicole, what's with conagra. nicole: the problem, many of our viewers will understand one. everyone is looking for fresh, organic, natural. maybe once in a while we'll feel bad and get something out of a box, a bag or a can, but many of the conagra foods are
9:47 am
in a box, a bag or a can and as a result they're seeing demand slipping. reven revenue slipping, sales slipping. and they're good, orvil redden backer, peter pan, trying to make a healthy peter pan, healthy choice-- they're not getting-- >> slim jims, the new health food? nicole, thank you very much. i want to get to the breaking news, fox news confirmed the base at andrews air force base is on lockdown. a department of defense official confirms an active shooter. personnel at the base have been advised to seek shelter in place. >> it's occurring at what's called the malcolm grove medical facility. first responders on the scene. all personnel are told to take-- continued to take shelter so this is a developing story,
9:48 am
we'll stay on this this morning. stuart: it's happening there is an active shooting. got it. the big board shows a small dropback, not much. up 38. a couple minutes ago, we were up 50. the price of oil is still down $1 per barrel. and we have higher sales at constellation brands. this is the drinks company. they make all kinds of stuff from corona, beers, and that's a winner. somehow we can't get it up on the screen. i don't know why, can't get it. i'm telling you, doing all right. now this, the democrats on the federal election commission, they want to punish fox for holding a two-tier debate. they say the candidates in the first debate received an illegal contribution. can you explain, how on earth do you get an illegal contribution to your campaign if you just happen to be in the
9:49 am
first tier debate? >> you know, stuart, it makes no sense. this is clearly politically driven by the democrats on the commission, this is not the first time that these democrats on the commission, and they tried to look at a man who was making an obama movie. he about ut his own funds in, not attached to any political group yet the exception to the room is michael moore, so you see this happen time and time again. stuart: it's so blatant. this is the central election commission and that debate on fox was brilliant, 24, 25 million viewers, it opened up political debate to the masses. oh, but an illegal contribution to the republicans.
9:50 am
>> what's disturbing, if there would be government regulations or impact a news organization who is trying to have-- be able to manage their own editorial content, being able to ask the questions to these different candidates. it wasn't like they were favoring one candidate over the viewers to decide on these different candidates. so, what we find, that it's just so disturbing is the fact that you have the fec, three of the commissioners voted they violated the law and two of them said they should be penalized and the republicans saying basically, wait a second, step back here, you're too involved in the government regulation side and not allowing the editorial criteria for fox. stuart: it's back door censorship, what would be the punishment?
9:51 am
>> i'm not aware of what the punishment would be, what we're seeing here is with the current structure, competition of the fcc and with the democrats basically helping to run the shop there, this is not the first time that we've seen this. and another example is the conservative groups, you've seen more complaints, more reviews of conservative groups than liberal groups. and so it's clearly a dysfunctional commission being run by the democrats and unfortunately, fox news is the one that's trying to be-- that they tried to go after. stuart: when you use the machinery of government to affect a political outcome in a presidential election, i think we've all got a problem. >> especially when you're going after the free press. that's something that is anti-american. stuart: you're right. you're right. i could go on about this forever. i've got a hard break coming, thank you very much indeed. >> thank you. stuart: take a look at tesora,
9:52 am
a promising drug for ovarian cancer. the stock popped yesterday on the news, down a bit today. but in a moment. dr. segal is going to tell us how this new drug works. he's next. ♪ i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens up airways to help improve breathing for a full 24 hours. breo contains a type of medicine that increases the risk of death
9:53 am
from asthma problems and may increase the risk of hospitalization in children and adolescents. breo is not for people whose asthma is well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. once your asthma is well controlled, your doctor will decide if you can stop breo and prescribe a different asthma control medicine, like an inhaled corticosteroid. do not take breo more than prescribed. see your doctor if your asthma does not improve or gets worse. ask your doctor if 24-hour breo could be a missing piece for you. see if you're eligible for 12 months free at mybreo.com.
9:54 am
approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or
9:55 am
hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪
9:56 am
>> as we've been reporting, tesaro, a drug company, has had promising results of a trial from the new drug to treat ovarian cancer. how does it work? dr. marc siegel is here to explain. >> first of all, ovarian cancer most of the time when you're diagnosed, it's already spread throughout the body. the good news, there's chemotherapy that knocks it down 80, 90% of the time, but it recurs within two years in the vast majority of cases. what do you do then. along comes this new drug which actually has extended survival without it recurring, three to four times. that's dramatic. many months more than if you didn't get it. how does it work? cancer loves to repair dna. it loves to get inside the cell and repair the cell, so it grows, grows, grows. this drug stops it from doing that and stops dna repair very dramatically and i think i know
9:57 am
why the stock went up. it's a strong success. four times greater than if you didn't give it. people are longer without the disease coming up. >> the stock actually did double. >> is this a pill that you take, minimum side effects. >> it's not a cell that's injected and then you-- it knocks out the cancer, it's not like that. >> no. >> it's a drug. it's a chemical compound? >> it's a chemical compound, it's an inhibitor, fancy name. and it knocks your blood counts down so you've got to get your blood checked. it's the new phase of cancer treatment. less side effects, very effective. >> we've had some great news on cancer fighting drugs recently and-- >> ovarian or breast. stuart: yes, doctor, have you very much, we appreciate it. and now the cia director, john brennan, he warns of a terror attack here at home just like the one we saw in turkey. how about that? that's the cia director saying that. hour two is next.
9:58 am
9:59 am
10:00 am
>> all right. everybody, it's 10:00 here in new york city. it's 7:00 in california. here are your headlines across the land. a bombshell report. the mainstream media largely ignoring it. attorney general loretta lynch holds a private meeting with bill clinton, husband of hillary clinton. hillary is under investigation by the fbi. the fbi reports and the attorney general, this is the appearance at the very least of a conflict of interest right at the very top. headline on terror, u.s. air strike killed 250 isis fighters just outside fallujah in iraq. we are going to pose two questions, why didn't we do this sooner and is isis really on the run as secretary of state john kerry says? a fresh round of polls, hillary clinton increasing her lead, ever so slightly, over donald trump and by the way, the majority of people responding
10:01 am
to the poll thinks that trump is a hothead. 89%. let's get straight to the market thursday morning, check out the big board. we're up 24 points and the recovery from the british vote. we're 300 points shy of where we were just before that vote. we just got a fresh lead on mortgage rates, liz liz: down to 3.48%. and they had been trending. and the trend in the treasury yield down due to safe haven brexit fears. stuart: it's a suspicion with the 10-year treasury so low in yields, in weeks we'll see that 30-year fix loan coming down. >> you see existing home sales nine or 10-year highs. stuart: when you've got very,
10:02 am
very low interest rates, it suggests your economy is not in good shape. but 3% mortgage rate. i would take that. >> free money after taxes. stuart: every time i say this, i relate to my viewers, my first mortgage, 35, 40 years ago, 12 1/2% liz: you should have waited. [laughter] >> yeah, that's another story entirely liz: sure. stuart: thank you very much indeed. let's get to the u.s. air strikes killing at least 250 isis fighters. war stories host, lt. colonel oliver north is with us. why-- is that a big win, ollie? 250 dead is a big number, big win? >> well, it's good news. there's no doubt about that. and we ought to celebrate it. every dead terrorist is a good terrorist. the problem is that is just one of many, many events taking place. of course, we saw what happened at the airport in turkey. we saw a u.s.-supported free
10:03 am
army unit wiped out by isis, just 48 hours ago inside of syria. you've seen the russians attack that same unit on several occasions with their air strikes. there's not a lot of good news so no doubt that celebrating what i was told a coalition air strike, some u.s. aircraft, in fact, the initial report said that the u.s. aircraft didn't strike, that apparently they did. and that was allegedly because of women in the convoy. some 40 vehicles trying to flee south of fallujah. the good news is they're driving them out of iraq, the bad news is, isis still has a strong hold in raqqa and they've spread now to 34 different countries with 43 affiliates. how the dickens does john kerry or anybody, to include the commander-in-chief, can say that they're on the run is beyond me. stuart: listen to this, we've got a new fox poll that shows that 84% of respondents say
10:04 am
they're nervous about our nation, america's ability to prevent a terror attack, and for good reason. hold on a second, ollie. you listen to what cia director john brennan had to say, roll tape. >> the united states, as we well know, is leading the coalition to try to destroy as much of this poison inside of syria and iraq as possible. so, it would be surprising to me that isil is not trying to hit us, both in the region as well as in our homeland. stuart: you heard what the cia director had to say there. we are a leading a coalition. but why didn't we do this, kill 250 isis fighters two or three years ago? why not? >> because the rules of engagement have been so stringent. unless you can actually validate that nobody other than a terrorist was the target, then you couldn't fire. when i was out in kurdistan in november, that was a common problem.
10:05 am
the kurds and peshmerga forces, they turned and said they're not american aircraft, they're french because the americans won't bomb a building unless they can confirm there are no civilians anywheres near what you could call the bomb area. stuart: if so many people are so worried about continued isis strikes, why haven't we changed the rules of engagement so that we could go after them, even if there are noncombatants nearby. >> stuart, you and i have talked about this for two years now. the only way you'll stop isis from attacking, isis inspired or directed, whenever they want to call it, the attacks in san bernardino, the only way to make this go away is to eliminate the safe haven for isis, which is becoming increasingly difficult, stuart, even though you lose 250 in the air strike yesterday, the
10:06 am
bottom line is 34 countries, 43 affiliates, and they're still a threat here in the united states. and brennan telling us this, isis has been advertising that they're going to carry out attacks inside the united states. this is not news. stuart: but look, the cia director says this, 84% are worried about another attack. we've got what, four months until the election. do you think that the rules of engagement will change in the next four months? >> well, i think the rules of engagement have changed and they didn't change soon enough. we still don't have enough forward air contollers on the ground with the combatant forces. the idea that it can just be done with air power is wrong. at some point there's going to have to be a sunni force, perhaps egyptians, jordanians, maybe the uae inside so that the country doesn't disintegrate and you can do
10:07 am
that without safe havens is lunacy, it's dilutional. stuart: good last words, ollie. we appreciate it. >> thanks, stuart. stuart: check the dow industrials coming back down a little bit. we were up 50 and now i believe we're up about 18 points. i don't think the british politics has anything to do with this, but i will give you the news that boris johnson, the trump-similar guy, i can put it like that. he's not running for the premiership in great britain. that's the bombshell this morning. and how about bank stocks? we've got impact there. clearance from the fed that they can pay dividends or buy back their own stock if that's what they want to do. a couple of them are higher and the group as a whole is now edging lower. for deutsche bank, the federal reserve says it presents risk to stability. ouch! that's a huge bank, deutsche bank down 4%. pier 1 losing money, weaker sales, here we go with the
10:08 am
retail ice age story all over again. pier 1 barely clinging to $5 a share, it's down 8%. care.com, a big winner. it's an on-line marketplace for managing care of all kinds, family care, pet care, you name it. care. google took a big stake and the stock is up 35%. and donald trump still going after china. now threatening tariffs. watch this. >> we have a trade deficit with china of 505 billion dollars a year. it's all about their devaluing the currency and so are others. i talk about china, but remember, i talk about china for a reason. they're the biggest abuser. stuart: abuser, well, china is not sitting still on that one. their foreign ministry hitting back. it's kind of a veiled statement. read to to you, quote, we hope some individuals on the u.s.
10:09 am
side can objectively view chinese-u.s. relations and do more to benefit mutual trust and cooperation, not sure what that means. and the author of the book, coming collapse of china, gordon, you heard what china had to say. what do you make of it? >> well, if we were to objectively look at china, we'd understand we're in a trade war and trump understands and we're not defending ourselves. it's not that trade deals are bad it's just we're not enforcing them to the extent that we should. so therefore, to their predatory actions, trump is right. we have an enormous trade deficit and we need to do something about it. stuart: what predatory actions are you talking about on the part of the chinese? >> well, first of all, there are the cyber thefts which take somewhere between 3 and 400 billion of u.s. intellectual property each year. we have the discriminatory against the u.s.
10:10 am
multi-nationals and that's going on for two and a half years. and china has unplugged apple from itunes movies and books. they've unplugged disney-like service in february. the list goes on and on. there are new rules that prevent u.s. companies from publishing on-line in china. those are against the rules. and we can continue forever what they've been doing over the last three or four years. stuart: is the chinese government afraid of donald trump? i use that word advisedly, afraid. are they worried about him? >> i think they're worried about both candidates, but especially now they're worried about trump. if you look at the nevada caucuses, they were worried especially about trump and start today shift their attention and like him for certain reasons and now it's a new page and basically going against him again because of that speech in western pennsylvania and the following one in ohio about trade. stuart: okay. he's got them upset for sure.
10:11 am
gordon, thank you for joining us sir, appreciate it. >> thank you, stuart. stuart: i want to get back to the active shooter at andrews base outside of washington liz: we're hearing from the base there was an active shooter training exercise and then it went, quote, real world. we don't know if it's connected to that training exercise? we're going to get more details for you as it comes in and started to occur 9 a.m. eastern time and first responders are on the scene. it is on lockdown and the personnel affiliated with the base were told to shelter in place. this, at andrews air force base is located in the maryland suburbs of washington d.c. stuart: and is the airport used by the president and maybe some members of congress. >> air force one. stuart: senior officials, that's the base they use. active shooter, it's on lockdown and the correct name is joint base andrews.
10:12 am
that's the correct name for it. i was stumbling a little bit. we're on it. updates when they become available. and now this, u.s. air force beefing up security after the turkey terror attacks, airports in new york, atlanta, increasing security inside and outside of the terminals and more of this on display over the holiday weekend. president obama labeling the british people xenophobes for wanting to leave europe. mr. obama says they're just like trump supporters. and katie hopkins is joining us next. [bassist] two late nights in tucson.
10:13 am
blew an amp.but good nights. sure,music's why we do this,but it's still our business. we spend days booking gigs, then we've gotta put in the miles to get there. but it's not without its perks. like seeing our album sales go through the roof enough to finally start paying meg's little brother- i mean,our new tour manager-with real,actual money. we run on quickbooks.that's how we own it.
10:14 am
10:15 am
10:16 am
>> all right. now we're up 51 points, one week after the british vote to leave the european. remember, everybody, today is the last trading day of the month, the quarter, and the first half of the year. so, take a look at charts how we've been performing. first of all, the dow jones industrial average how has that been going the past month? it's been something of a rollercoaster ride in the past week. we're back to nearly where we were before the british vote. the s&p 500 shows a similar chart. going along and down sharply and then recovery. how about price of apple stock,
10:17 am
an indicator for you, during the past month similar to what the other broader indicators have done. but it's not recovered. it's still around $94 per share. that's not exactly a recovery. how about netflix? another overall indicator. $90 per share, not a good chart for the month of june, mostly down. questions are being raised, are they ever, about a private meeting on monday in phoenix between attorney general loretta lynch and bill clinton. there's a concept here of conflict of interest because the attorney general leads the fbi, the fbi is investigating bill clinton's wife. here is what loretta lynch said they were talking about in that meeting. >> he did come over and say hello to speak to my husband and myself and talk about his grandchildren and his travels and things like that. stuart: fascinating. so he went over to her private jet and had a quick tete-a-tete
10:18 am
in secret for 30 minutes about the grandchildren. judge alex ferrare are with us. flat-out, judge that's at the very least the appearance of conflict of interest and in my opinion, the attorney general should recuse herself at the very least from this case and you say? >> well, i always say that the appearance of impropriety is itself impropriety and this goes far beyond that. this is flat-out improper. loretta lynch knows better and president clinton knows better. when she was the u.s. attorney for the eastern district of new york she never would have gone and sat down and had a private chat with the husband of a woman her office was investigating. that right there is very clear. so, why would she do that in this case. if her answer is, well, he's a friend. that's even worse because then she's saying i'll do things for friends that i won't do for strangers in my official position. and them having this meeting by chance, they happened to be on the same tarmac in phoenix is
10:19 am
horrible. if you want to have a chat, why don't you have president clinton come visit you in the office and you can chat about your grandchildren in your office? the answer is because they know what that looks like, they know it's improper, and you don't do that while you're investigating his wife. this is completely improper. stuart: the suspicion is that it was a planned meeting, a secret meeting, just by pure happenstance, her jet arrived at phoenix airport and his jet aride at phoenix airport and by the way, local police officials say they were not aware that bill clinton was going to be in town. he carries a big secret service operation with them of course, they were not notified. it could be they wanted to keep this meeting secret, which is even worse now that it's come out. >> i agree with you. i mean, that's what it looks like, and even if-- even if it was by chance, which is you know, highly suspicious,
10:20 am
even if it was by chance, she knows better. if he invites her to come say hello, you know what, maybe we should have a conversation at a different time when the investigation is completed and everything is over and done with, a half hour to sit there and talk how your grandchildren are doing at a time when his wife is being investigated by the fbi who you oversee and you're the person who is ultimately going to decide whether to charge her or not, now what happens when she decides not to charge hillary? everybody's going to say the fix was in and this is exactly why people hate politicians, but i will say this, i don't think it makes a difference if she steps down. if she steps down at this point people are still going to think the fix is in. she's going to appoint somebody else who she already knows-- now, i'm saying this, what people are going to think. i don't know that loretta lynch is doing anything improper, but she certainly knows it was improper to have this meeting. stuart: it's fascinating and i'm astonished that the establishment media virtually ignored what amounts to an extraordinary conflict of interest.
10:21 am
had it been republicans, if it's republicans, it's all over. >> you can't-- stuart, you can't be surprised. stuart: got it. judge, i'm sorry. here comes a hard break. >> not talking about it. stuart: judge, thank you indeed for joining us, we appreciate it. all right, we've got the dow industrials up 50 points. we're going to bring you any breaking news we've got about that lockdown at the andrews air force base called the joint base andrews. there is a lockdown situation there. we will bring you the latest in just one minute. ♪
10:22 am
10:23 am
amazing sleep stays with you all day and all night.
10:24 am
sleep number beds with sleepiq technology give you the knowledge to adjust for the best sleep ever. don't miss the lowest prices of the season sale, with the c2 queen mattress now only $699.99. plus 36 month financing. know better sleep. only at a sleep number store. >> there's a cable channel, it's called starz. the movie production company lions gate reportedly near a deal to buy starz.
10:25 am
that's why we're quoting starz, which is up 10% on this news. how about this? the socialist bernie sanders, he's not giving up. "the washington post" has this headline today. sanders is making his long goodbye count. that's "the washington post" that's out today. harlan hill is with us, he's a former bernie guy who now supports donald trump. now, there's a switch. before we get to that. >> yeah. stuart: you tell me, please, how bernie has affected hillary's campaign platform. how has she turned her to the left? >> i think he's actually helped advance donald trump quite a bit because he forced hillary clinton into quite a series of errors. one is she backtracked on trade. tpp is a major issue in this democratic campaign. she formerly said it was the gold standard, i think 40-something times and now she as opposes it. she didn't just call it the gold standard, in the state department she--
10:26 am
>> and bernie sanders, turned her around, supported the trade deal and now opposes it? >> she's been on eight sides of the issues. wall street is another example, come on, new york start-- u.s. senator from new york. she got along well with wall street and she had these speeches to goldman sachs and other big banks. we know that she plays well on wall street and she's had to backtrack and gone eight sides of that issue. and so, he's forcing her to the left, which opens up space for donald trump to move to the right. stuart: what else have you got liz: the clinton's epa head carol browner has a piece that bernie sanders is is behind the push, big oil, whether misleading about global warming and she's saying if they had the sanders standard in place, every climate change leading state that's doing something
10:27 am
about it, including california, would fail bernie sanders' test. she's saying regulating and he's saying ban fracking and the like. stuart: so he is indeed dragging hillary clinton to the left, right? >> well, he is, but i also-- i disagree with "the washington post" story that this is like a farewell. i believe, very firmly, that he is sticking around because he doesn't know what's going to come out of the department of justice. stuart: exactly, exactly! >> and it's political calculus and we saw yesterday, we were talking about the story, loretta lynch meeting in secret with bill clinton. they must think that we're stupid, you know, that they can get away with this in plain sight. stuart: he's hanging on. >> he's hanging on. stuart: just in case there's an indictment and all bets are off. >> what's going to tick off sanders supporters if that happens and they snub bernie sanders at the convention, i forsee that happening. stuart: we'll be there. look at the dow jones industrials coming up. this is a pretty flat market
10:28 am
today one week after the british election-- the british referendum. up 22. and next, daily mail columnist katie hawkins, she was on the show to say that they would and should exit. >> and my heart is still leave and i'm begging people to vote leave.
10:29 am
.. if you have medicare parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window. no waiting to apply. that means now may be a great time to shop for an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. medicare doesn't cover everything. and like all standardized medicare supplement insurance plans,
10:30 am
these help cover some of what medicare doesn't pay. so don't wait. call now to request your free decision guide. it could help you find the aarp medicare supplement plan that works for you. these types of plans have no networks, so you get to choose any doctor who accepts medicare patients. rates are competitive, and they're the only plans of their kind endorsed by aarp. remember - these plans let you apply all year round. so call today. because now's the perfect time to learn more. go long.
10:31 am
stuart: a very narrow lead for the dow industrials up 27 points. if you look at the left-hand side of the screen, it is one stock down, the tao 30, and instant market check.
10:32 am
look at goldman sachs, the biggest loser on the dow industrial average. how about that, look at the ftse, let me get this clear, the share index, the broad-based london stock exchange, that is a british stock market indicator. the news is it is higher now than it was the day before the british voted to leave the european union so armageddon did not happen on the london stock market. speaking of the uk leaving europe, daily mail columnist is with us, a favorite guest on this program who speak so clearly and speaks from the heart and we like her. take a victory lap because on this program a week ago you said we got to get out and they did.
10:33 am
>> speaking of armageddon, hopkins, i am delighted we voted leave although today, in chaos once again, stock market has returned as you can see, but the man we thought was going to lead us out of europe, boris johnson, the man who led the campaign, said that he isn't standing for the leadership of the tory party or in europe. he has been stabbed in the heart by his running mate and so we are all in complete shock here, a complete sense of disbelief. stuart: i don't want to get too far into the intricacies but there is an intriguing back story which makes british politics, from the south of -- house of cards. boris johnson was stabbed in the heart. we said stabbed in the back. i believe this has something to
10:34 am
do with michael gove who is now a front runner to take the place of prime minister cameron. something to do with his wife. >> she writes for the same newspaper that i do. our rivalry is very clear. i don't like her column or anything about her but she is a sister of mine, really strong hair. michael gove is her husband and last night an email was leaked from her account, that unless boris johnson made promises about europe, husband shouldn't back him. she is seen as the puppetmaster controlling her little puppet husband michael gove who stuck a knife straight in the heart of his running mate so we need to
10:35 am
have some words and have them pretty soon. stuart: i want you to do it on our show. i want words. president obama has his own theory on why the brits decided to leave europe. he told npr, i will quote for you. xena phobia, anti-immigrant sentiment flashing up in great britain and throughout europe has parallels with what mister trump has been trying to stir up here. how do you feel about that? >> that is leveled at every leave voter, you are a racist, fundamentally you are stupid. i don't think i am any of those things. we are not sick or stupid a racist. we want to see the briton we
10:36 am
used to know. we do not live in the united kingdom, we live in ghetto kingdom, there are ghettos of different cultures, multiculturalism has not worked in the uk. we want to you are
10:37 am
spot on. if they do have a referendum i believe france will be next to go. i see great britain as having led the way, some certainty, we split that third domino in a line the cascades across europe and i think the eu is finished. stuart: that is a good out q. katie hopkins, thanks for joining us. always a pleasure. next case, next subject, hillary clinton and her trust issues. you were a bernie supporters,
10:38 am
you jumped ship and went to donald trump. you didn't stop in the middle with hillary. is that because she has trust issues? is that the reason? >> there has never been a point in her career that i felt she had a success beyond continuing her own career, winning an election or getting an appointment and manufactured every controversy she could find, from travel dates to benghazi to the email server, these are issues of trust, no question whether she is fit, in nbc wall street journal, trump beats her by 16 points untrustworthy and honesty. stuart: what do you make of the story we ran fulltilt with today which is conflict of interest which arose when the attorney general met with bill clinton secretly in private? that is a conflict of interest, it is an appearance the woman in
10:39 am
charge of the investigation talking to the husband of the woman being investigated. >> the appearance of impropriety is the problem. of the fbi was investigating you and you were able to pick and choose the emails you handed over and destroyed the rest, this would not be a discussion. you would have come up with something but because she is a clinton she found preferential treatment and the rita lynch -- loretta lynch meeting with the former president, bill clinton to discuss this, like they don't even care how it appears. stuart: establishment media has not picked up on this. the new york times, i can't find it. maybe i haven't looked hard enough. i don't find that story. >> there should have been independent prosecutor. stuart: if these were two republicans, a republican attorney general and a former president discussing the republican former president's
10:40 am
wife, she would have resigned. >> been called as a witness. it was in his house. >> the question whether or not he was secure, he could be called in. this is unbelievable. it is unbelievable. this is something you would see in a third world dictatorship, not the united states of america. stuart: a tinpot dictatorship. i want to bring everybody up to date on the developing story we have been following, earlier reports of a shooter at joint base andrews, no active shooter, period, the all clear has been given at the joint base andrews, all clear. got it. big stock story out today, mandalay making a buyout bid for hershey. that is news.
10:41 am
be change 18%, new annual high, stock was halted on this news, a letter, her she has $21 billion market value. stock is open and still trying to find its footing as it continues higher entire, started up 12%. big news on wall street, new annual highs on this bid. stuart: what was monda lay before? it was craft. a giant conglomerate. giants company, they snapped up snacks mostly. gigantic and her she fits right in. both stocks are up. >> close to 20%.
10:42 am
we can see monda lay higher. >> good stuff. thanks, appreciate it. all-time high of which company? hershey? >> didn't get a chance to chart the all-time high, to look at a chart. stuart: it is -- >> it is higher. stuart: and all-time high, which i know is a chocolate bar company, 21% higher today. monda lees. when you have a british accent, you pronounce things correctly. a big merger in snacks. we fight terror with love. what do the catholic priest have to say about that? father jonathan morris is next. he is coming.
10:43 am
he is hurrying.
10:44 am
>> "varney and company" start at 9:00 eastern time. here's what you missed last hour. political commentator louise minch. >> there are parallels here with michael gove who is likely to
10:45 am
candidate for prime minister, steady guy, he was not persuaded boris could be a sensible leader. donald trump is in the same position. hillary is so reasonable it is frustrating to republicans. she has a glass chin. all donald trump need to do is wise up and settle down. ♪
10:46 am
amazing sleep stays with you all day and all night. sleep number beds with sleepiq technology give you the knowledge to adjust for the best sleep ever. don't miss the lowest prices of the season sale, with the c2 queen mattress now only $699.99.
10:47 am
plus 36 month financing. know better sleep. only at a sleep number store. robert: stuart: the fast food maker that used to be known as craft make oreos and chocolate. they made -- also makes chocolate. this is an all-cash multibillion-dollar offer but hershey holds it as an all-time high, let's see how it trades up when they reopened. watch out, isis attacks in america just like the one in istanbul. here they come says the cia but attorney general loretta lynch says the most effective response to terror is love. watch this. >> our most effective response
10:48 am
to taber and hatred, is unity and love. stuart: father jonathan morris is with us to discuss that. >> don't know who wrote that for her. i find it to be stunning. stuart: that is the question point of view, turn the other cheek, love thy neighbor, conquer hate with love. that is the christian response. >> sometimes the most loving thing to do -- the most loving thing to do as a leader, as a politician, a military is to stop and just aggressor, when you hear loretta lynch say we need to respond with love, we must stop in and just aggressor, we have to stop them. violence will never solve other
10:49 am
violence. there is hatred and love conquers, political leaders saying after terrorist attacks in orlando, with compassion, compassion toward whom? compassion for those whose lives are at risk and we need to make sure love and openness and compassion doesn't create more hatred the government has a responsibility to stop the unjust aggressor. stuart: very good response. i'm not trying to take you to ask. i'm a practicing christian and often asked how should we respond to this? my responses go kill them. kind of an unchristian response maybe but that is how i feel. the christian rationale for the way i feel. >> what i hear often is there is
10:50 am
the terrible islamic theology or philosophy, we need to bomb that out of them. that is not going to work either. you don't bomb and ideology out of existence. what you do is stop them in the short run and then you have to beat the ideology with ideology. stuart: pope benedict made a rare public appearance with pope francis. >> pope a meredith benedict, retired pope benedict. stuart: did you work that one out? >> he had the humility to say i am not able to do this anymore. in this new age you can't have someone on top of a very big organization who is incapable. stuart: thank you very much for approaching a difficult subject and we appreciate it. indianapolis colts, andrew luck,
10:51 am
a record-breaking deal guaranteeing him at least $87 million. more on that in a moment. confirmed to fox news this morning a series of us airstrikes have killed 250 isis fighters outside falluja in iraq. the former ambassador to iraq and turkey will be on this program. you pay your car insurance
10:52 am
premium like clockwork.
10:53 am
month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance.
10:54 am
10:55 am
stuart: thank on politics, hillary clinton, 44-38 over trump in a head to head matchup, clinton's currently inside the pole's margin of error. since the last poll, slightly widened the lead, fox news poll. paul finger, donald trump's pregnancy - presidency could create a global depression, repeat, depression. art laugher is with us, former economic advisor to ronald reagan. is this in any way accurate? >> i don't think he has information that would allow him to forecast that. from what i see of donald trump
10:56 am
on the taxes on corporations and taxes on individuals it would be just the reverse. i don't know what paul is talking about. i know paul very well, he is a heck of a good guy and a good money manager. stuart: he could be referring to donald trump's dance on trade. he is a protectionist talking about tariffs on people bringing imports into america, that is a reversal of 50 years of economic policy in america. that is what mister singer is referring to. >> maybe he is but that is what hillary clinton stands for and bernie sanders, the way i read it donald trump is probably less protectionist than either of those two and while i am afraid to pray for texas legislation and action i don't think that will happen under donald trump. stuart: a moment of reassurance from art laugher. >> us attorney general loretta lynch in a private meeting with bill clinton. hillary clinton is under investigation by the fbi. the fbi reports to loretta
10:57 am
lynch. president obama's refusal to say the words radical islamic terrorism has put our national security at risk.
10:58 am
10:59 am
11:00 am
stuart: the attorney general flew into phoenix, bill clinton, their jets were parked on the tarmac. the former president and top law enforcement official had a private and unannounced half hour meeting. fox reported it, we at foxbusiness reported, the rest of the media ignored it. this is one more example of media bias, chronic media bias. it is actually willful dereliction of duty. think about this. the fbi is investigating hillary clinton. the stakes are very high. it affect the presidential election. her husband meets with the person in charge of the
11:01 am
investigation for a half hour in private. let's be clear here, that meeting was out of bounds. it should never have taken place. it is a clear conflict of interest and the media ignored it. imagine media reaction if the two were republicans. the attorney general would have been forced to resign or at least recuse herself and the headline would be the fix is in. in this election year the democrats can do anything they like and the media in their desperate desire to elect hillary clinton will ignore just about anything negative to the cause. meanwhile anything that could be negative for republicans is front page news with glaring headlines. four months before we elect a new president one of the candidates is under criminal investigation. the attorney general in charge of that investigation happens to meet the candidates husband and we are asked to believe they only talked about grandchildren for a half hour. in private.
11:02 am
sarcastically raise eyebrows on my part, bret baer, special report guy is right here. am i going a bit far? i pound on the table. what do you think? >> i think you have a point. just the appearance of this meeting send the wrong message. i saw a tweet, just within two weeks you have president obama endorsing a person who is under investigation by the fbi and his attorney general meeting, when bumped into each other in the phoenix airport, bill clinton making his way, and going on that jet. and she talked about grandkids
11:03 am
and current issues like brexit that is under investigation are pending. they may not have, but just the appearance of this, and look through the prism of attorney general john ashcraft meeting with laura bush. it is amazing on both sides. stuart: it really is. >> absent reporting in the whole media. the new york times. we have extraordinary conflict of interest. if it was a republican attorney general. i don't think she would have her job if it was a republican. >> it would get a lot of
11:04 am
attention. and raise eyebrows. and across the mainstream media. john ashcraft investigating someone in the bush administration meeting with that person's husband or wife. it would get a ton of coverage. what this shows is conventional wisdom is probably right, hillary clinton won't get indicted just by the way the attitude this administration is taking about so what, maybe this send the wrong message but so what, i don't know that it says the fbi might refer an indictment and investigation as we know is ongoing. stuart: an extraordinary situation. thank you for your expertise and we will watch special report tonight. i want to bring in monica crowley and elizabeth mcdonald. i am a little taken aback by
11:05 am
this. loretta lynch beats -- meets bill clinton privately and the media says nothing about it. >> it is stunning. the lack of coverage in the mainstream media, we take it for granted. everyone shrugs and says of course she won't be indicted at the obama administration is protecting her, of course, they went after my former boss richard nixon, took place on the phoenix tarmac monday. the idea of choosing law enforcement officer, loretta lynch, investigating a target, a person she spoke to, not just any target, former secretary of state and present of democratic nominee and it is not just anybody, a former president of the united states and everybody
11:06 am
sort of shrugs and says that is the way it is going to be. that is outrageous and in this country we should not be tolerating that depth of corruption. >> corruption from david axelrod, president obama's chief campaign strategist on his campaign saying, quote, foolish to create such optics, meaning the appearance of impropriety is pretty bad and bill clinton generated a lot of goodwill, that is the issue with loretta lynch and why is there not an independent prosecutor? stuart: that is way back. it is not just happenstance. a prearranged secret meeting. >> two private jets, to make that meeting happen, you go through many layers of security, and as loretta lynch said bumping into the former president on the tarmac is not
11:07 am
how these things work. talked about grandchildren and golf, give me a break like mrs. clinton said, tens of thousands of emails but they only had to deal with my schedule or chelsea's wedding. >> they didn't talk about grandchildren for a half hour. stuart: a private meeting aboard a private jet that just happened to come over. >> that doesn't happen when you are dealing with two private jets. stuart: a tangential story, hillary clinton's top aid testifying about hillary clinton's emails saying hillary didn't want anyone to see her emails and look at this poll, 30% of voters think hillary is honest and trustworthy. trump gets 34%. she is way behind, i don't think this meeting on the tarmac will make that better. >> what happens is anytime you
11:08 am
have a deposition, the benghazi report that hillary tried to sweep under the rug, it reinforces the idea that she is a liar which is the standard perception of her for 25 years on the public stage. you get a drip drip drip of these kinds of things that reinforce to voters that she cannot be trusted, she is not a person of integrity and that is one of the major factors that goes into people's calculations. liz: general david petraeus avoided so many charges by pleading guilty and got a misdemeanor. somebody associated with hillary clinton takes the fall for that? stuart: could happen. we shall see. it sure looks like the fix is in. i hate to say this because this is presidential politics of the highest possible level, to say something like that is extraordinary and here we are. check this out.
11:09 am
another poll. americans doubt the government's ability to prevent terror attacks. 84% say they are nervous. it was 50% in july 2005. 84% are nervous about more terror attacks. >> it very presidential election cycle, jobs and the economy, that is true this year, now we have an interesting dynamic where national security, fear against allies is running parallel, and in terms of issues that are incredibly important to the american voter. donald trump believes two things, economic plan and national security plan for defeating islamic fundamentalism. stuart: good point.
11:10 am
you don't think hillary will be the candidate? >> not necessarily. she is not the nominee until the end of july, the fix is in and i underestimated leverage she had against president obama. stuart: we have movement on the stock market. look at that. we are up 100 points. a big leg up, 10 or 20 odd minutes. maybe it has something to do with mandal lease making a bid for hershey, the chocolate people. maybe that has something to do with this rally. we are almost 17%, not that far from where we were before the british vote, same story on the s&p 500. if you look across the board we are up 0.6% but well above 2000
11:11 am
there. we are up 35 points. the price of gold, the one and only, a loser today, not by much, $3 down, at 1320 at $1320 an ounce. the price of oil, $49 a barrel. the snap food maker, mandal lease is the correct pronunciation, they make oreos and all kinds of stuff. they take a bid for hershey, hershey is close to an all-time high, now 17%. some video, a fight broke out in dallas texas. this is all about chips and salsa. not the red nonsense. us airstrikes killed 250 isis
11:12 am
fighters, driving in a convoy in falluja, former ambassador to iraq on this issue. judy jasper, frequent guest here testify before a senate panel on islamic terror and the obama administration, he is with us next? >> could not feel more strongly the current national agency direction in combating islamist terrorism is profoundly dangerous, a devout muslim who loves my nation, the emphasis of radical islam is the greatest obstacle to national harmony? if you suffer from a dry mouth, then you'll know how uncomfortable it can be. but did you know that the lack of saliva can also lead to tooth decay and bad breath?
11:13 am
well, there is biotene, specially formulated with moisturizers and lubricants... biotene can provide soothing relief and it helps keep your mouth healthy too. biotene, for people who suffer from a dry mouth.
11:14 am
11:15 am
stuart: lions gate, movie production company, the table -- cable channel stars near a deal, 11%, they are the acquiree. just before the break, is judy
11:16 am
jasper testified in congress about the cover-up of islamic terror by the obama administration, joins us now. give me -- what is this about a cover-up of islamic terror by the administration? what do you mean by that? >> thanks to the courage of senator cruz and the judiciary we finally, america, muslims and non-muslims talk about precursors of radical islam, radical militant islam, the ideologies and how important that is and the cover-up, the willful blindness has been the complete purging of any reference to jihadi, sharia, any term that had religious connotations, and the homeland security, precursors of the homophobia that leads homophobia, misogyny and all the
11:17 am
ideologies are cleansed, and at the end of the day it is dishonest and in this month of ramadan i told senators i am here because i love my faith and love my country, want us to be honest and the dishonesty allows radicals to speak to the faith and demonizes muslims more than honesty to tell muslims in the month of ramadan is the evil act of terror going to represent us or peaceful muslims going to step up to the fight and talk about what islam really means? stuart: talk me through this. when they are surveilling the population and looking for potential terror, they are not allowed to use the word like jihadi's, or islamic terror, they can't look for those words, they are prohibited. is that true? >> completely cleansed. the picture ted cruz put up through the entire hearing and
11:18 am
other testimonies from andrew mccarthy testified to how the 9/11 report has 500 references to those terms. since that report, fort hood, or any of the report after acts of terror, how can we hold courageous homeland security agent accountable when they can't even look at the precursor? stuart: are we doing this because we think if we use those words by the authorities we will offend all muslims? is that why we are doing this? >> that is the tip of the iceberg. my testimony was about why. we don't want to offend foreign allies we claim to be with us, they use violent extremism, to work with the saudi's and the islamic turks and iranians they don't want -- their entire oxygen of their country is
11:19 am
driven by sharia law and they don't want america taking sides in this debate. second are the advisors in the inner circle of the president with muslim brotherhood sympathizers that also don't want the anti-islamic reform movement -- stuart: hold on a second. the president in a council of advisors including people from the muslim brotherhood? >> sympathizers, the council, absolutely, i talked about mohammed out the area who was removed for sympathy for the caliphate, talked about the influence in the muslim public affairs council, how they drive toward violent extremism versus violent islamism. talked about others from the islamic society in north america and how his input annually, at these conferences that set the agenda say that we cannot have this debate and at the hearing itself saying if we say radical islam all hell will break loose
11:20 am
because muslims will be targeted which is complete nonsense. stuart: astonishing stuff and i am glad you came on the program to give us more of what you told congress. thank you very much, appreciate it. we got a rally, not too strong, 84 points hire, the tao close to 17,800. you see from the market scan of 30 dow stocks, just 5 of them, 6 of them are down, the rest are up. monica crowley is with us. she has a message to the global elite following the brexit vote, this vote was about freedom, the brits couldn't take it any longer and americans, she says, are not far behind. speaking of freedom, fourth of july weekend coming up. independence day, everybody. [beekeeper] from bees to business expenses,
11:21 am
11:22 am
i'm in charge of it all. so i've been snapping photos of my receipts and keeping track of them in quickbooks. now i'm on top of my expenses, and my bees. best 68,000 employees ever. that's how we own it. approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized mere supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs.
11:23 am
you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend.
11:24 am
remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call
11:25 am
to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. stuart: russia's president vladimir putin is waiting to see if britain's democracy will survive the decision to leave the european union. ashley webster, are you there? kind of rich, isn't it? worried about -- ashley: whether it can stand up to the principles of democracy. what would he know what democracy is? he made those statements if you talk to russian leaders and also
11:26 am
said we played no role in the vote by the uk to get out of the eu so we are grateful for that but also said it is going to take a while for the market to die down and also by the way what is it with the us putting all those missiles and troops in eastern europe in the baltics and poland? that is not very good at all, he is all over the place but he is donald trump, the romance is still going. thinking about trump, if he is looking for a running mate, boris johnson is not doing anything now and he was born in new york so he is ready to roll. what a ticket that would be. never a dull moment. stuart: ashley webster, come on home, we need you here. we are up 94 points, most dow stocks in the green. to hillary clinton our next guest calls her the supreme maestro of shameless coverups.
11:27 am
charles hurt joins us in a moment.
11:28 am
11:29 am
11:30 am
. stuart: the former president bill clinton met with the current attorney general loretta lynch. loretta lynch is in charge of the investigation of hillary clinton, bill's wife. the two say that it was a social visit and all they talked about was the grandkids. charles, columnist is with me
11:31 am
now. i'm not buying this. i think it's a flat out conflict of interest. one of the most outrageous stories i've heard in a long time. am i going too far? >> no. i don't think so at all, stuart, and i think if anybody else were to do a situation like this who's being investigated by somebody, it would be -- actionable in court, you know, with -- it would be actionable in court. but i think it does go to sort of the heart of the supreme arrogance of the clintons that they think they can get away with things like this and what's even worse, they do get away with these things and, you know, they're getting some guff about it in the media right now. but it's -- but, you know -- stuart: it's not much, charles. it's not much. i've got "the new york times" edition here today, and i can't find a mention of this conflict of interest in the meeting in the phoenix airport. it's not there. just not there. >> yeah. because, you know, most of the mainstream media has spent the past 25 years
11:32 am
covering up for the clintons or massaging every story to help them get out of jams. the media has been in love with the clintons from day one, and they still are today. even though, you know, -- literally 25 years they've been with us and they're still the new shiny object in the eyes of the mainstream media. stuart: now, hillary is still dealing with two major controversies. the e-mail scandal and the benghazi e-mail. now, you've written about this. you say this is a warning to america. explain that. >> yeah. what we're seeing right now with the e-mail scandal and benghazi has literally been going on since 1992 when the clintons first arrived on the national scene. and, you know, if they put half the energy, half the time, half the effort that they put into their cover-ups covering up these scandals, if
11:33 am
they put half of that energy into fulfilling their constitutional duties, we wouldn't have situations like benghazi. we wouldn't have situations like the e-mail scandal. but, you know, they -- it's like they don't even get out of bed except for the cover-up and they're very good at it, and there's no end. there's no end to the amount of time and energy they'll put into it and there's no end to the people that they will go after and destroy in an effort to succeed at the cover-up. stuart: it is incredible, is it not, that -- i mean it really looks like the fix is in. the attorney general meets with bill clinton. they say they discuss grandkids and golf when bill clinton is the husband of a woman who is the presidential candidate and she's been investigated for criminal offenses by the fbi, which is run by loretta lynch. now, do you think they're going to get away with this? it sure looks like they will at the moment. >> well, they've gotten away with so much for so long that, you know, what else could they?
11:34 am
i have to say when this all started unfolding, i really did think that they were -- that the clintons would -- that hillary clinton would be taken out by this. and i figured that president obama was giving the full green light to the fbi to pursue this to the ends. to the very end. and, you know, if it meant that she got, you know -- that she lost her grip, the clintons lost their grip on the democratic party, so about it. he would be able to retain it. but i don't see that anymore. clearly the clintons know something. stuart: the fix is in. maybe i'm being extreme here. charles, thank you very much indeed, sir, we will see you again soon. >> thanks, stuart,. stuart: meanwhile president obama has announced a huge liberal agenda for the future, which includes getting rid of aids, ending extreme poverty, and of course climate change. roll that tape. >> we have the chance to end the outrage of extreme poverty. we can realize our bowl of the first aids-free generation.
11:35 am
we achieve the most ambitious agreement in history to fight climate change. now let's bring it into force this year. true equality for our citizens who are lesbian, gay, bisexual, or transgender. our work won't be finished until all women in our country are equal. these are universal values, and we must be bold in their defense. stuart: megan mccain is with us. and i'm just wondering what she's going to say. >> i just can't listen to any of this. i watched this yesterday live and then i had a visceral reaction there's no mention of islamic extremism, no mention of what happened in turkey. spent around 90 seconds discussing the terrorist attack. you know what else is happening helping poverty? extremism isis and terrorism and the refugee crisis and al assad, those are all things that have to do with poverty, gay, activism, gay rights, that is of all else is the legacy of the obama administration.
11:36 am
stuart: he's not going away, and he said that yesterday. he said it will continue to be active, i believe he's going to live in -- i'm sorry in washington d.c. he will remain active. >> he'll probably take over a light night show and continue to do sketches with jimmy fallon. that's probably going to be his life. stuart: no, that's downgraded from what he's going to do. i think he's going to be on the political scene whether we like it or not. >> i agree with you and unlike george w. bush who has the respect and class not to get involved with anything president obama has done in the past eight years, he's going to interject himself in every single thing possible. he interjects himself in donald trump's campaign and election. i almost -- every moment he can. he spent a lot of time with prime minister trudeau discussing it as well. and i find it almost obscene. his legacy he's had eight years to do basically nothing. the rise of isis, the rise of islamic extremism. stuart: that is your fault. >> that's my faculty? . stuart: yes, it is. the republicans who would not let him do what he wanted to
11:37 am
do. stiming and blocking -- it's your fault, megan. >> yeah. well, i don't think history is going to reflect and say it is the republicans fault. he has had power in the senate for a long time. came in being one of the most popular presidents of all time and has had a lot of opportunities to do a lot and his legacy mark my words will be the rise of isis. stuart: clearly you're not for hillary. but listen who is. a little breaking news for you. the president of france, françois hollande endorsing hillary clinton for president. he says donald trump is wrong on immigration. wrong on refugees. that's francois hollande. okay. still staying on europe. i want to get back to monica crowley who has written an article on this subject. now, you said, monica, that the british vote was all about freedom. get europe off our backs, and i think that you're saying that it's exactly the same in the united states. >> yeah. -- stuart: freedom here. >> my calm today in the
11:38 am
washington times. by the way, what you just reported about the french president, hollande endorsing hillary clinton p. do the global elites not understand every time they made this statement, it helps donald trump. what we just saw unfold with the brexit. my comments today talk about how all of these issues come into play. uncontrolled immigration, wide open borders, a distant capital, all of those things were true, but there was something much bigger at play here. much more using and transcendent. it's about freedom. people want their freedom back. donald trump's slogan about make america great again plays into this notion that people want america to be great again and part of that is economic freedom to go and live their lives in the way that the founders intended. that's what you see with the british people. they want to kind of liberty. hillary clinton and the global elites don't seem to understand that. or if they do, they're doing everything they can to quash it.
11:39 am
but the desire for that kind of independence is so strong, that it drove the british vote, and it's going to drive the american vote in november. stuart: meanwhile, we've almost completed recovered on wall street from the shock of the british decision to leave. the dow industrials are now up # 12 points. pretty much -- well, with 200 points away from where they were before the british vote. now, liz, there is some talk that turkey is a bigger problem for europe than is the british vote to leave the european union. liz: yeah, we've got analysis. turkey has very porous borders. fighters have flown to the very same airport that was attacked. now 43 dead, 249 injured. they were flowing through that airport unchecked. in other words, isis fighters, people going to join isis to fight in syria and iraq. and here's the thing. there's been 14 major terrorist attacks in turkey over the last year. more than 200 people killed. and watch this.
11:40 am
turkey has said to britain "we want you to stay in the eu under any circumstances and watch this. turkish minister of european affairs said they will not change their terms and strategy. what is the strategy? . stuart: well, -- liz: and, by the way, there's free movement -- there will be free movement if turkey joined the eu. stuart: wait a second. turkey is not yet a member of the european union. liz: correct. stuart: however, they have done a deal with angela merkel of germany. and the deal is, hey, turkey, you help step the flow of migrants into europe. and we, we, europe, will let you, turkey, come and travel to europe visa free. liz: right. stuart: do you know that? that's 70 million muslim turks who would under the agreement of angela merkel have free -- visa-free entry to europe. liz: so when they said we want britain to stay in under any circumstances -- stuart: access to britain. liz: access to britain.
11:41 am
and, by the way, turkey is a member of nato. stuart: yes. liz: it has to remember that it's a member of nato. closes up to putin. stuart: we've got to move. looking at 109 point gain for the dow industrials. that's a pretty good recovery from last week's drop after the british exit vote. got it. 17,800. here we are, ladies and gentlemen. indianapolis colts quarterback andrew luck, he signed a record-breaking extension contract. he's guaranteed -- i repeat, guaranteed $87 million. we will break that down for you. back to terror. cia director james brennon warning america an attack like what happened in turkey could happen here. listen to this. >> it would be surprising to me that isil is not trying to hit us both in the region as well as in our homeland.
11:42 am
11:43 am
>> i'm nicole petallides with your fox business brief. right now dow jones industrial average up 111 points. about 15 points off the highs of this session today. going to give a third day in a row of gains and yesterday the dow in the positive territory, the nasdaq up 30. as we are now ending the month, the quarter, and the first half of the year, we're taking a look at some of the movers here on wall street. the best of the bunch. that are up nearly 20%. the dow winners, exxon, united health, and verizon. exxon of course moving higher,
11:44 am
oil gains up 35% this year. verizon, a name that has no exposure to europe. those are some of your winners there. and then a story for you. bmw, announcing an alliance with mobile eye and intel to develop self-driving cars. and turns out times 11% and the stock moves to an all-time high today.
11:45 am
11:46 am
stuart: now it's at least 43 people killed in the airport attack in turkey. this of course is the latest in several recent terror attacks in that country. with us now is james jeffrey. he's a former ambassador to turkey and a frequent guest on this program. sir, it seems to us that turkey is being destabilized. how concerned should web? should we care about this? >> well, we first care because it's isis, isis is a threat to everybody. secondly turkey is a close ally of the united states. it's the second largest economy in the world. it is a very important key country. much of our operations against isis are based out of turkey. and turkey is under distress from isis as we've seen in this attack because that clearly was isis. it also has its own kurdish insurgery going on, which is turks are even more worried about, and it has this alliance of syria, assad, russia, and iran which turkey is also very much on the alert
11:47 am
against. so turkey has many problems. stuart: yeah, but that's a real dramatic situation that you've just outlined. i mean is turkey close to collapse? i know that's a very, very, very strong word. but clearly under stress. clearly under siege. when is this going to stop? >> well, i know the president very well and many of the people around him. he's not everybody's cup of tea. he's an authoritytarian but he's tough. he doesn't bend. he's trying to make a deal with russia after they shot down the russian plane in turkey. trying to complete a full in israel. he's working to respond to these things. what i predict is he's going to take a much tougher position against isis he's predicted it's going to be rain from hell on isis after this attack. stuart: and he will launch that rain from hell? >> he will tell everybody he is, and i am almost certain he will do considerably more. and isis is under pressure
11:48 am
right now. we have to go to the attack even more than we're doing now in syria and iraq and here turkey can be -- has been helpful and will be more helpful in the future. stuart: now, angela merkel is set to have done a deal with turkey. you stopped the migrants coming to europe, and we will give you visa-free access to europe for 70 million turks. that's not going to stand, is it? >> the eu has problems with that. there have been several blocks to it. but it was part of a larger deal that also involved 6 billion euros, which is about $7 billion of assistance to turkey to help with the refugees. bear in mind that turkey has wellover 2 million refugees from the syrian war. more than any other country. they need help -- so the turks need help dealing with these people and more of them will stay if they don't go on to europe. so that's part of a very
11:49 am
delegate negotiation between merkel and turkey. and regardless of the problem, russia refugees in europe or terrorism in the middle east, you have to deal with turkey, you need turkey as your frien f. stuart: what a mess. ambassador jim jeffrey, thank you so much for joining us, sir. we appreciate it. >> thank you very much. stuart: here at home, cia director james brennon warning an attack like that which happened in istanbul, turkey, could happen in america as well. roll tape. >> the united states as we well know is leading the coalition to try to destroy as much of this poison inside of syrian iraq as possible. so it would be surprising to me that isil is not trying to hit us both in the region as well as in our homeland. stuart: monica, i get a sense of lethargy in our administration.
11:50 am
they're here. i wouldn't be surprised if they don't attack us here. and there's no firm response. >> there's the cia director stating the obvious because fundamentalists around the world have said that the united states is the great satan. that is our ultimate target. the problem is he serves at the pleasure of the commander-in-chief who has shown no interest in taking this fight to the terrorists where they live, whether it's syria in iraq or dealing with it aggressively here at home. there are has been no change in strategy for this administration. only got a couple of months left. there is not going to be a change only until you get a new president. i hope we literally survive the next couple of months. stuart: what an extraordinary situation we are in. it's almost unbelievable. liz: yeah,. stuart: monica, thank you. look at the big board because no impact from all that's going on in the rest of the world, no impact at all. the dow industrials now up 114 points. 26 of the 30 dow stocks are up. let's go to sports. indianapolis colts quarterback andrew luck guaranteed at
11:51 am
least $87 million. it is a record-breaking extension contract. a ton of money. we will break it down for you ♪
11:52 am
11:53 am
amazing sleep stays with you all day and all night. sleep number beds with sleepiq technology give you the knowledge to adjust for the best sleep ever. don't miss the lowest prices of the season sale, with the c2 queen mattress now only $699.99. plus 36 month financing. know better sleep. only at a sleep number store. premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call
11:54 am
to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. . stuart: are you ready for some football? not quite the right voice but nonetheless that's what we're talking about.
11:55 am
andrew luck is a quarterback, he's got a record-breaking extension contract of $87 million. takes him all the with a i to 2021. i want to know more about this and jarod max is the man to tell me. fox radio sports. okay. $87 million from now to 2021. and he gets that money regardless; correct? >> before 2021, that's guaranteed. guaranteed money $87 million. if he goes to training camp and were to break his leg, and he can't play, that money is still coming his way. the contract itself calls for six years and $140 million in all. so $87 million is the most in a guaranteed contract in nfl history. it dwarfs the previous deal when was eli manning of the giants about 20 million. $140million richest contract in total in nfl history. and it's not only also guaranteed money, total money, but also average money per year. 23.3million. stuart: 23.3 million. this is the big one. this is the big nfl contract.
11:56 am
>> yes. stuart: so why is it that the average pay for nfl players is lower than baseball, basketball, and even hockey? >> that's the $64,000 question when we see -- stuart: it's true? >> it's true. in fact, get this. if you look at the list of the richest sports contracts in team sports and also auto racing, this contract for andrew luck ranks 41st, well behind baseball players, basketball players, hockey players -- stuart: really? andrew luck 41st on the all time big board? >> 41st on the all time biggest contract list. stuart: explain yourself, max. why is this so? it's so unjust. >> the nfl is -- there's nothing bigger than the nfl. stuart: yeah. >> but maybe think in terms of the nfl is las vegas. the house always wins because the players themselves aren't making the most amount of money. you have some pitchers in major league baseball and
11:57 am
outfielders who aren't close to being household name like andrew luck and they're making more. stuart: so the nfl players aren't as organized as sports. they don't exercise. >> it's tough. you're dealing with the nfl players association goes against the league and the money is so big really because of the television contracts. stuart: yeah. >> merchandising as well and while the players get a little bit of that, it doesn't even compare. stuart: of course, jarod max, as you loathe to admit people's no. we were soccer stars are way out on the front, are they not? >> christiane, certainly dwarf these types of contracts. and word is that this contract that he should have gotten more because future quarterbacks, they hope the bench mash would be set higher than this by andrew luck. 23.3million a year. would you sign up? . stuart: yes, he can break my legs. jarod max, thank you very much indeed for joining us. indeed for joining us. we'll have more varneye medicare parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window.
11:58 am
no waiting to apply. that means now may be a great time to shop for an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. medicare doesn't cover everything. and like all standardized medicare supplement insurance plans, these help cover some of what medicare doesn't pay. so don't wait. call now to request your free decision guide. it could help you find the aarp medicare supplement plan that works for you. these types of plans have no networks, so you get to choose any doctor who accepts medicare patients. rates are competitive, and they're the only plans of their kind endorsed by aarp. remember - these plans let you apply all year round. so call today. because now's the perfect time to learn more. go long.
11:59 am
12:00 pm
stuart: breaking news, paul ryan telling fellow lawmakers the house will act on a measure to prevent people on terror watch lists from buying guns. look at the gun stocks, the news is just getting out. my time is up but connell mcshane, it is yours. connell: among the new information at this hour in addition to that alert. new terrorism fears are rising. and what is expected to be a record weekend for travel. we also have a chilling warning from the cia. we will talk about that, guns and the stock market. i am connell mcshane filling in for neil cavuto and 13 terror suspects have been detained in istanbul, turkey. the planner of the deadly attacks has been identified. that is out there today. we have the cia director john brennan

261 Views

info Stream Only

Uploaded by TV Archive on