at the very least, it will take a long time to make that happen. maria: thank you so much and have a great day everybody, same time, same place. "varney & company" starts right now. stuart, take it away. stuart: thank you, maria. trump goes all out for growth. he came out with it, make america grow again. he's zeroing in on the economy. here is the plan. three tax brackets, 12, 25, 33%, that means tax cuts for individuals. no business will pay more than 15%. that would be a big tax cut there. and abolish the estate tax, sometimes called the death tax. regulations, rebuild the nation with infrastructure bonds and that's the plan and it's about growing an economy that's been stuck in the worst recovery since 1949, it's the breakout plan from donald trump. hillary clinton poured scorn all over it immediately, she

says it's six men named steve all trying to avoid paying their fair share, those words again. hillary delivers her plan on thursday. this week, it's about how we return to prosperity. dueling plans. this is "varney & company" and we're about to begin. ♪ >> we have no growth so once you get over that, then you have to do something and what we've done is a very, very large and really cutting tax cut and for the businesses and for people, by the way, for everybody. with this plan even more than that, you know, when china, as you know better than anybody, when china goes out to 7% it's like a national catastrophe. we're at 1% and maybe going lower. i think that 4% is easily attainable. stuart: all right, 4% easily

attainable. that's donald trump from this morning, again, laying out his plan for growth. we'll have more on that in a moment. see the guy on the left-hand side of the screen, that's iran's past president, clearly you remember him, he wrote to president obama recently demanding money, all of it. details. ashley: yes, $2 billion in frozen assaults. very informal, basically saying, look, we filed a lawsuit and you're holding onto this money illegally and we want it back. back in april the supreme court ruled 6-2 the victims of terrorist attacks backed by iran can claim compensation. this $2.6 billion in iranian friends frozen in a u.s. bank. they're not getting it, but want it back and writes an informal letter to the president and-- >> he's a hardliner and could be the future leader of iran all over again. that's not out of the question, he's jockeying for forward.

ashley: something to look forward to. stuart: did you say looking forward to that? >> no, i said something to look forward to sarcastically. stuart: cut regulations, produce domestic energy. he's going for growth. jeff dewitt is joining us, he is he's the trump guy from arizona. he's down in the polls. is he using this to get back up again? >> there's no question this gets us back on point. this is what i call a j.lo election, jobs and clinton while she was senator wanted to bring jobs to new york and it declined in manufacturing. he's going to bring back manufacturing and small business and this plan has been talked up by voice of small business and this is how you

get the middle class back on track. stuart: we ran donald trump's speech on this program in its entirety all the way through. were you happy to see his delivery. it looked like he was on prompter, didn't go off prompter very much, didn't insult anybody, calm during the interruptions and that's what you wanted to see. >> he's very statesman-like, presidential. stuart: he is now. >> showing what he's like, come on. stuart: he is now. you did not like it when he went off on tangents about goldstar moms and the rest of it, you didn't like it, i know you didn't. >> the message, again, we want to get across, jobs, law and order and that's where we win and get this election won. if you want to see 0 of message, hillary is running a commercial, i saw it, rehashing basecle an old attack ad he's not the right guy to have his hand on the nuclear button. those are messages of 30, 40 years ago. i think she's off message. this is a topic she can't talk about. she cannot go out and proclaim

that she has any kind of record of actually creating jobs and so she's doing these off-message items, but i think he is by far and away. stuart: you're a happy man. >> yesterday was great and, oh, we're going to win this, stuart. stuart: all right, jeff. thank you for joining us, we appreciate it. >> thank you. stuart: now, hillary clinton will roll out her economic plan on thursday. this week. louise is here and critics say, i'm not one of them, but there are critics who say this will simply be a third obama term in terms of economic policy. will you take issue with that? >> no, i wouldn't and i think actually trump is on his strongest ground here and republicans have been waiting for the longest time for trump to come out and attack hillary clinton. all we hear from her on economics is just more of the same, and i think the more she talks, stuart, the worse she does. hillary clinton is doing well in this election because she's just keeping quiet and letting

donald trump run against himself. if donald trump starts to run against her and her policies, watch out she might face competition. stuart: what surprises me is that it's so, it's so what we've gotten used to over the past eight years, tax the rich. >> exactly. stuart: give stuff away. >> exactly. these are the failed policies of the democrats they've had in there for the longest time and the economy due to the discovery of enormous amounts of free gas, in the ground from fracking, despite obama not because of him. stuart: and the idea that democrats would want to stop fracking or hold it back. ashley: low cost energy. stuart: cheap energy. wouldn't benefit from this? >> national security, look how russia is holding gas over germany and getting europe to do its bidding. and no matter what the democrats do they try to get in the way. one thing i do know about donald trump, i know he knows how to run businesses and won't get in the way of a growing

economy. stuart: do you think that the message don't go with government, go with private enterprise, do you think that's a winning message in 2016? i mean, 'cause you're clenching your teeth. ashley: for those people who rely on the government, increasingly so, no, that's not a message that's going to resonate. for those who want to see the country grow and prosper and create jobs, less government is the way to go. private enterprises where-- >> i wonder if that message resonates. >> the one thing he's got wrong on business and he's got to pivot is anti-free trade, and i think he should be himself. around the world he's been in free trade and then he sounds like a democrat with that part of it. stuart: and a question to you. donald trump is seven points down in real clear politics,

okay, we just got that this morning. he's seven points down, why? >> well, you know, hillary and the liberal media have done a good job of painting him and now he's on message, she cannot compete with him. stuart: seven points down why? >> america is a patriotic country and embraces success. he was wrong not to embrace john mccain and with the military, he has to show them a respect that a man who hasn't served ought to show him. stuart: three months to the day is the election. >> is that right. stuart: november the 8th and today is august the 9th. almost three months, a little less than three months. >> those debates could be a game changer. there's one thing left if he has a strong debate that could change everything. stuart: not to mention the growth plan could change everything. honestly, i think it's that important, it really is.

>> it's a great business tax cut and he has to change by eight points, that's not good. from 33% to 25%. and you know biggs, you ev-- you know business, you have got to know your figures. stuart: you've got to come back. it's tuesday morning, where are we going, starting the trading session in 20 minutes. going 20 points higher for the dow industrials. i want to draw your attention to the big name stocks, the tech stocks which have been pulling in a lot of money for years now. amazon is going to be slightly higher. close to a record high. 767. facebook very close to an all-time high, 125 at the open this morning. alphabet way up there at 800 a share and google-- i'm sorry, microsoft, yeah, i own a little of it. opening at $58 per share. elsewhere, we've got the price of oil hovering around $43 a

barrel this morning, that's interesting. oil up, stocks up. gas, $2.12 on average around the country. 14 states now at $2 or less per gallon. ash, is that relationship back? oil up, stocks up? >> it is. we decoupled, if you like, a while ago, but now the correlation between oil and equities is back in place and bank of america is saying today, they think that oil could drop back down. the reason it's gone higher is because of this belief that opec is going to get together and agree on cutting being bah production. it's not going to happen. stuart: who says it's not going to happen? >> me. [laughter] because saudis don't want to give up market share. russia is hurting and-- in the end they're not going to do it. stuart: you're on the hook. this is a car event in virginia. not sure how well is shows up. oh.

a woman tries to park a mercedes and drives is onto the low hanging, 300,000 ferrari. the ferrari has hood damage and i want 0 to see the bill for that. she's looking back. and what did i do? >> did i hit something? >> a great video. ashley: that's incredible. a private company getting the go ahead from the government to fly to the moon. they want to mine it and we'll talk to the founder of moon express in this hour. after listen to this, the swedish government asking wealthy citizens to give up their country to house migrants. and the former president of iran sends a letter to president obama demanding to be given more money. we'll deal with that, too.

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>> afghanistan, two teachers at the american university in kabul kidnapped at gun point sunday. do we know who they are? >> we don't. authorities are not giving any names. we know that it's an american and an australian, both were lecturers at university of kabul there taken at gun point sunday. both embassies and authorities in both countries confirming this happened, but they're not giving any details citing privacy concerns. stuart: you have to wonder if we paid $100 million cash for each of four hostages released to the iranians. is this going to be 100 million demand for the hostages. ashley: the taliban has been incredibly active, and kidnapping is their m-o. when they hear about iran, they would be tempted. stuart: and iran's former president ahmadinejad wrote to

president obama and is demanding funds. is this more fallout from the $400 million cash payment for release of the hostages? is that what this is all about? >> yeah, and it's all fallout for the larger 1.7 billion that die ran a demanding they get back. one of the problems with demanding-- with iran's demands that they get this money back is that there is no assumption from the obama administration or from any of the democratic allies that all of the terrorist activities that the iranians have been leading and funding over the last 40 years somehow is to be part of this criteria. stuart: wait a second. mr. ahmadinejad is a former president of iran, a hardliner, he's not in power at the moment. is he using this cash demand as a way of getting back into the leadership, again becoming the iranian leader and basically

saying, look, we got $400 million out of mr. obama for those four, maybe we'll get a whole bunch more if we pressure him and he's using that leverage to get back into power? is that possible? >> well, i think he's playing to the domestic politics inside of iran where a lot of people feel like if you stand up to the united states there's a reward for it. and look, by the way, you just talked about what's happening inside afghanistan. i think that what happens in iran as the leader of the state sponsor of terrorism, other radical groups follow their lead. they see that it is about $100 million per hostage so everyone is trying to, you know, get more inventory because what they want to do is negotiate with obama. stuart: and that's a disaster. every american in a war zone or even a sort of a hostile zone is now subject to kidnapping for ransom, they're all out there.

>> there's no question. there's no question about it and this is totally the example of the obama administration and how they negotiate. donald trump is right, they're terrible negotiators. stuart: i've got this one for you. i've got newspapers in britain reporting that russian tanks are massing near the ukrainian border. what's that about? >> again, this is more weakness from not only from president obama, but i think that both our presidential candidates are signaling that putin can be putin. and i think that is a problem. what we're seeing is all over eastern europe is our-- that our allies are becoming very nervous and ukraine, there seems to be very few punishments for what putin and what rush shahs have done. even the germans, throughout all of europe, are leading the europea

europeans-- crimea, this is a terrible signal, not only to those fighting for their freedom inside ukraine, but for maldova for romania, for poeland, for our allies trying to face toward europe, trying to work with nato and are being punished by russia. stuart: rick, thank you for joining us on this important subject. much appreciated. thanks so much. louise, a comment? >> i think it's a fantastic opportunity for trump, some people say he's too much to putin. >> everybody check this out. trans oil ocean rig. ashley: a little close to shore. stuart: being washed ashore in scotland.

it was washed ashore in a storm. it's carrying, 280 tons of diesel, crashed into the beach. families of two of the victims killed in the benghazi attack suing hillary clinton and say her use of a private e-mail server contributed to their deaths. turkey, listen to this, threatening to release three million migrants into europe unless the europeans allow visa-free travel for 70 million turkish citizens to europe. how about that? more varney in a moment. 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

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>>how ch mey d disy ma? we'll find out aer t opening bell. there are worries about espn and how it's performing. disney stock, by the way, is down 9% this calendar year. how about this, turkey's president, renewing threat to release three million more migrants into europe. he wants free access for all turks, 70 million of them, go anywhere you like in europe, if you don't like that, here come three million migrants. that gives him leverage. >> i call that from a little to angela merkel brought this on

herself. and you said it, you could see it coming. stuart: it's a disaster. >> shame if anything happens to it, if europe does not stand up to him, they're finished. thank god the u.k. voted for brexit. stuart: what about those with wealthy homes and putting up migrants. >> let's see them take in a migrant. not a single one, they said they'd take in migrants and none of the politicians have taken in one. let's see the swedish government taking migrants into their homes. and they're not listening to the people and that's a disaster. ashley: it happens in this country, and refugees pushed them in washington d.c. into

the poorer communities, didn't want them in the beltway. stuart: the tesla autopilot function, a driver says it saved his life. we'll explain. donald trump has revealed his any influence on the markets? opening slightly higher. back in a moment.

>> whoa. 14, 13, 12 seconds to go before that opening bell starts the trading session this tuesday morning. . [bell ringing] . we're going to go up a little bit at the opening bell. oil is up, price of stocks up a little bit. 9:30 here we go. we're going to be a fraction higher. nothing sensational, 10, 12, 25 points. quite a few of the dow stocks are in the green so that means we're up 15-- and we're up.06. and nasdaq up a gain .05%. oil has been moving stocks and it's up again today. $43 a barrel and that puts us up 22 cents per barrel as we speak. now, some individual stocks, got to look at them because

they're in the news. norwegian cruise lines says it's not going to make nearly as much as expected. down she goes 8%. the drug maker valeant, lost money, but it's going to reorganize. ashley: they're upping their guidance for the rest of the year. stuart: there you go. you up the guidance and up goes the stock. ashley: up goes something. stuart: barclay's bank, agreed to pay to american states to settle into interest rate rigging. the cloud computer company, rack space, it lowered its outlook. and wayfair down 13%. netflix, they're not going to put more mine into that.

and gap, old navy in june, hurt by banana republic which it owns, down nearly 4%. disney profits after the bell. it's at 95 this morning. look who is here, an all-star cast, ashley webster, louise, todd horowitz and mike murphy. everybody heard trump's economic growth plan. i talked to him this morning, and he said it will give us 4% growth. mike murphy, do investors like this plan? does it have any relationship to today's market? >> i don't think it has an immediate impact on us. a lot of people are skittish on the overall election and don't know how it's going to turn out. a lot of people are divided. however, when you look longer term. trump's tax plan is positive for growth. it brings money from u.s. corporations back into the u.s. and does something that makes

everyone's life easier. is simplifies the tax code. whether you're a republican, democrat, black, white, rich, poor, a simplified tax plan. stuart: todd, what do you think about the tax plan, do you think it would give us growth? >> i believe it would. it will have no impact on the market immediately. i think the market is definitely lower from here, however, i think long-term it's going to show some growth and building and if the rest of the plan is in, that will be great for the country, we could rebuild and we'll get 4% growth. stuart: louise, your reservation is about trade because he says he'll renegotiate. >> that's right. stuart: do you think that's protectionism? >> the way he's talking about it is protectionism. i think he should embrace the capitalism like he has done through his business career, not only is he going to cut taxes here, but increase trade

in the overall market can grow and he pushes clinton is bit to the right. this plan is ambitious, it's a big cut and hopefully clinton will feel on some level he has to do something to come close. stuart: will the trump growth plan help the market if it looks like he's going to win closer to the election. ashley: yes. >> absolutely. stuart: with stocks. okay, you think. ashley: i think so. the only question, how you pay for it. if you can find a way to do that, it's terrific. stuart: you definitely get a bigger deficit as soon as the tax plan because you're pulling in less money, but the theory is over a long period of time, you get more growth so you get more money coming into the treasury. >> and for economics. stuart: todd, you agree with na? >> you get more workers and make a living wage instead of minimum wage. if we can put people back to real jobs and have them making good money nell' be happy to pay taxes and even though the taxes are reduced.

it works out better and-- >> for me it's all about growth. give me 4% growth for a couple of years, that's what i want to say. >> the direction we're going right now obviously isn't working as the deficit is getting out of control. we have to rein it in in some way. stuart: okay, let's move on to the four big tech stocks that we often quote. we quote them because that's where your money has been flowing recently. amazon, 768 this morning, close to a record all-time high. microsoft up, what, 11 cents. $58 per share. facebook is down a fraction, but holding at 125. and google 806 a share, all of them way up there. are they too defensive to buy now? >> i believe they are. i would not run in and chase them. if you missed the recent rally, literally all-time highs. stuart: aren't you the facebook

guy. >> that's the first time i've been called the facebook guy, but i'll take it. the first trillion dollar value. stuart: you could reject that-- >> okay, okay, i'll take it. stuart: 125 right now. todd, were you always, quote, the four big name technology companies? we've given out their price. do you think it's too big a price to buy at today. >> way too overpriced today. they've had their moves and a great run and pushed up to phenomenal levels. i agree that facebook is the best in bunch however, we need a pullback. if you don't want to be force you had out right way a, i think there will be some selling pressure, but they're much too high here. stuart: i want to move on to oil. a big rally yesterday in oil, i should say, it seems like there's a gigantic glut all over the world.

that's not changed, has it? >> no, it hasn't. there will be continue to be this stuff, but what they're going is shutting down their rigs and driving up the price. we saw the $40 model that popped up. as soon as we get to 44, 45, 46 the rigs will close down and have our own shortage and then you'll see the prices fall again and go through the same exercise back and forth where they'll try to cut it down and get it back. until we get real growth when he can use that. sandra: the strong dollar prices the oil surprises down. and get people to buy it. >> one thing i liked about the trump plan, come on give me more domestic energy, what's wrong with that. >> nothing, but texas and depended on oil.

a shot to the economy. stuart: check out the big board, it's not a huge gain. 31 points, 32 as we speak, 18,560. individual companies, the cable company, charter communication. $240 on charter. russia opens price fixing investigation into apple. no impact on the stock whatsoever. wal-mart did indeed buy or is about to buy jet.com. $3 billion. there's a question who runs jet and wal-mart on-line activities. that will be interesting. we run a venture capital firm. jet.com, it's a massive win for investors there and the economy. so wal-mart is able to get into an area they've been failing at and they have jet.com to help go against amazon. stuart: do you own part of the

company? >> i do not. stuart: interesting. and coaches bricks and mortar stores. >> jn line shopper says they needed to do more work. you're seeing the stock to the down side. 1.3%. there's a few reasons. first of all, the sales in the fourth quarter posted a narrow miss. they did say that the tourist volatility has been difficult to judge. and they've been upgrading their stores making the brand stylish and new and stop discounting, less available as well. coach is working to turn itself around. they had a narrow miss. i will say a much better showing and they did well with stuart whitesman, one of the brands. last week we did ka kate spade

and there was a major miss for that grand bag makinger and this is the-- >> and got one myself. 95 a share as we speak. they seem to be firing on all sill dars, except they're worried about espn. >> which is a big cash creator for the company. and they're the same level as 2006. ten years later if you've seen a huge decline in subscribers, this is a major problem for disney. listen to the conference call, i think they're going to spell it out. disney is not going to say espn is going to leave us, no way to make money again. and they monetize espn the same way they monetize the theme parks and movies.

any selling on the earnings announcement is a big by. >> i'm interested in that the cord cutters all of that stuff. thanks a lot. the big board shows modest gains. families of the two of the benghazi attack victims suing hillary clinton. they say her carelessness with e-mails caused the deaths or contributed to the deaths of their loved ones. judge napolitano is on it. and hillary clinton pounced on trump's plan. ♪

>> tesla, a model x, the model x, the car, saved its owner's life by using autopilot to get him to a hospital. what's that? >> interesting story. 37-year-old attorney joshua neale going down the highway in missouri had severe pains in the chest. if i pull over and call the ambulance how long before someone gets to me. he puts the car on autopilot to the exit to the hospital. the car takes him to the exit and he gets them to the emergency room and saved his life. very, very close, he was right to do that not to wait for the ambulance. he had a pulmonary embolism. stuart: good autopilot pr. glad for the guy. serious story, the parents of two men killed in the benghazi attacks say they are suing hillary clinton. they allege her e-mails played a part in the death of their sons. judge napolitano is here.

do they have is case? >> well, there's two charges here, one is that she caused the deaths of their sons and the other is that she defamed them. let's start with the first one, she, like everybody that works for the government who behaves within the authority that the government gives them as immunity. any lawsuit against her, any legal bills paid by the government, any judgment and settlement paid by the government. so can the government be sued because someone died as a result of the government's decisions? generally no, unless the government agent commits a crime and intend to kill a person for which there's not evident here. there is an interesting argument that they make and the argument is this: one of mrs. clinton's e-mails that made its way to sid blumenthal's server, that is the non-government person who is her friend, sent him a lot of stuff about libya and his server was hacked by the

character goosefer, gave ambassador stevens's itinerary in the last days of his life. now connecting that leak and breach with the person who murdered him, in this case the sons of the other fellas, trying to protect the ambassador, is a very, very difficult thing to prove. stuart: i see this as a largely political lawsuit designed for discovery purposes, go get those e-mails, show them. ashley: you will be happy to know that in america federal judges don't like the political lawsuits. if you don't like mrs. clinton take out an ad. and the other, she called them liars. stuart: she called who liars? >> the parents of the people killed with ambassador stevens. she called. stuart: the two people on the air right now?

>> she called them-- >> she used the words liar? >> two weeks ago she did, accusing them of perpetrating the myth because of that video nonsense. stuart: the two parents that we had on the screen, they are saying hillary clinton is a li liar. >> no, no, no, hillary clinton said they are liars and they're suing mrs. clinton for defamation. stuart: i must confess, i did not hear hillary clinton use that word applied to those parents. >> she did. stuart: did she? >> she did, but it's fair comment. it's an opinion. i sit in your studio on this show and almost every day call her a liar and-- >> the politics of this, hillary clinton said to the bereaved parents of someone who died in benghazi, you're a liar. >> it's worse than that, hillary clinton said to the bereaved parents as their bodies were extracted from a plane at andrews air force base, your children were murdered because of a video

that upset the locals. that's the lie. the parents repeated, this is what hillary said. hillary said, i never said it, the parents are lying. this is horrific what mrs. clinton has done. so to the point that this regenerates this at the time th that-- it's a good thing. but to the point that the court would make them pay losers fees fees-- >> i'm not sure i like it. i know something about the loss of military people and that's not something i would-- the word liar, i don't want to hear that. >> it's a very, very serious issue, but the courts will not take this lawsuit seriously. the lawsuit was filed so that people like you and i would analyze it on air to give the

voters a better insight into the character of mrs. clinton. stuart: okay, i think that's what we just-- >> we did. stuart: thank you for joining us, sir. >> see you at 11:00, if you'll have me back. stuart: if you're not careful, i'll have you back. where are we going with the markets? the dow is up 40 and i'm looking there at 25, and t-- 25 of the 30 stocks in the green. and a stock hit 770, i think that's a lifetime high. a private company gets permission to fly to the moon. they want to mine it for natural resources. ashley: why not? >> we're talking to the company's founder right after this. you do all this research on a perfect car,

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>> endo pharmaceuticals they make opioid drugs, higher sales, stock up 17%. the top performer in the s&p 500, please remember endo relocated to ireland from pennsylvania. got it? you've got to take a look at amazon, potential trouble overseas. the company's tokyo offices raided, maybe anti-trust violations there. the stock is at $770 a share now, up 440.

what is this probe about in tokyo? >> what it is, the japanese believe or claim that the company, amazon, is forcing the producers of the products on its site to price their goods lower than competing on-line sites in japan. that is the claim they raided the offices and sounds very dramatic, but it's an anti-trust investigation. stuart: stock's up 770. got it. moon express, i'm sure you've heard of it. the first private company cleared by the government for a mission to the noon. and the moon express co-founder is here with a big smile on his face. good to see you. >> thank you very much, looking forward to talking to you. stuart: wait a second, we're sitting around here talking, you're going to fly to the moon and exploit the moon for natural resources. how on earth, do you make a profit going all the way there for natural resources. >> first of all, let me--

john f. kennedy, we chose to go to the moon not because it's easy bus there's a good business. the cost of going to the moon used to be billions of dollars and now, our mission to the moon is going to be under $10 million. stuart: hold on a second. hold on, hold on. you've got to have put a ton of money into this in the first place. the cost of one trip to the moon may be $10 million, but there's a lot more money behind that, surely. the whole company-- the total cost from the beginning to the landing on the moon is under $50 million and that's including developing everything and going forward the cost is going to be $10 million. and that's what makes it a great business and not only a good business, we can bring back the platinum grade material and a clean energy

seniors that can power this planet for generations to come. stuart: hold on, a lot of people don't know this, did you say helium three? >> three, yes, helium, if you gos energy, and that means it can power this planet for generations to come. more importantly, moon has water and that's hydrogen and that can be fuel. and we could have action general for the rocket to come back and have the honeymoon, taking your honey to the moon. [laughter] >> you've fired our imagination and that was absolutely fascinating. i wish we had more time. you're going to come back and tell us more at some point. the moon express, come and see you again, thanks, appreciate it. i want to go back to amazon, i

believe this is a new lifetime high. ashley: yes. stuart: they keep going up 771 as we speak. we'll be back. a lot more for you after this.

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stuart: welcome to our two of the show. right now hillary clinton has a seven-point lead in the real clear politics average of polls. they were taken before donald trump revealed his reaganesque growth plan. this morning and there is more coming to us from trump and some criticism of hillary's economic performance in the past. when she was a senator, new york senator, she promised 200,000 jobs for upstate new york. it didn't happen. in fact, thousands of high-paying manufacturing jobs were lost in hillary clinton will detail her plan on thursday. expect lots of government spending, higher taxes and what she calls fairness.

all of this will be very different from trump's tax cuts, regulation cuts and economic growth. almost exactly three months to a very clear choice in the election. which candidate will return america to prosperity? the second hour of "varney & company" is about to begin. ♪ dream to good song. life is a highway. amazon just keeps going now. $770 per share as of right now. i do know the percentage term. chip the big board. we are 32-point type for the dow jones average and the price of oil $43 a barrel.

oil up, stocks have. delta headaches not over. global system outage yesterday. a thousand flights were canceled. about 300 more canceled today but the stock is up a fraction. hillary clinton wasted no time going after donald trump's economic plan. professor of economics peter parisi. i want you to fact check what hillary said. first of all, watch this clip to rule on it. roll tape. >> he announced a few days ago he's got a dozen economic advisers. let's see. three wall street money managers, and a former chief economist at one of the big banks at the heart of the financial crisis. six man named steve and they all care about the same things he does. about how to avoid paying their fair share.

trade do two things to check out. first of all how she care arrested and secondly paying your fair share. start with how she characterized the team. >> the team is heavy on people in recent real estate and finances. there's only two economists very public policy expertise it's kind of thing. if you asked me how many unlikely judge, but it's not about. her team is loaded with people who have a heavy investment you've never earn a living and work at places like harvard and princeton where they live off of dead people's money. i don't know how trump is inferior. trade td think wealthy people are paying their fair share of right now? >> the top 20% is paying 80%. how much more do you want? half the population plays virtually no income tax at all. how much less can it be? the bottom line is she has run out of good ideas going to be

terribly slow pace and she expects us to buy in the final decline. trade to regulations and regulating. roll that tape. >> he wants to roll back regulations on wall street. i want to tighten him and make them cover more people so we don't never end up in the dish we were in with the great depression. drink to your judgment, please. >> with so much financial regulation that it's virtually impossible to start a community bank. many have committed themselves to merge into larger banks. as a consequence, young entrepreneurs can get on a number of small businesses is declining. that's why we have so much unemployment, while 7 million men are so despondent they no longer look for work. this is the fourth century rome. the obama clinton team is

fiddling while the economy barons. stuart: hillary clinton says donald trump has no infrastructure plan. watch this. >> he hasn't offered plans about infrastructure except building a wall in in having mexico pay for it. stuart: i do know. i told you donald trump this morning and i talked about this infrastructure fund that is going to face. he's wrong on that. >> she's absolutely wrong. the federal highway administration, the army corps of engineers have lots of unfunded projects. it's easy to go through $350 billion. their state counterparts of unfunded projects which really going on is hillary wants a big bag of cash by dispensing on social programs, or donald trump wants to get serious about fixing bridges.

i don't know who you've been on, but after the last eight years and all the promise in stimulus we had, can we trust a democrat to fix our roads? stuart: he ends on a rhetorical question has always been thank you very much. stuart: i'll give it a shot. what exactly does donald trump's economic plan, what does it really look like? what does it contain? ashley: there's a lot here. let's start with cutting income tax bracket from seven to three. 12% from a 20%, 33% accept his earlier proclamations. temporary moratorium on new regulations, which a lot of people said the regulations in the obama administration is really getting a huge drag on economic growth.

a lot of the transpacific partnership, renegotiate the north american free trade agreement. and of course and the paris climate agreement. stuart: that's an interesting last point. he stresses produce domestic energy, whether coal, oil, gas, whatever it is. ashley: we have it, why don't utilize it. stuart: he's got to get out of the paris climate agreement to do that. stuart: to narrow holder is at best. i suppose i'm asking for trouble, but off the top of your head, give me your reaction and 30 seconds or less to donald trump's growth plan. >> is someone a summit in the inner city, i look at the low income people who make under 25,000 are going to pay taxes whatsoever and i find that interesting to be a gop candidate and say everyone is going to pay their fair share. i was not incentivizing people -- why are you looking at me like that? stuart: are not quite sure of your point.

>> my point is why should we have everybody pay some kind of taxes? he doesn't believe people making under $25,000 to pay income taxed at all. stuart: right. do you? >> i think everyone should pay taxes. stuart: you are a democrat and you are poor people do pay federal income taxes. >> everyone should pay taxes. if you're a citizen of the united states, you should pay something. why do people think the welfare and food stamps are such a bad idea that people shouldn't pay taxes? it doesn't make sense. stuart: does hillary agree with this? >> i don't know. i haven't talked to her. stuart: i've not seen anywhere in the campaign literature that says everybody's got a pay taxes. >> i'm not running for public office. i'm somebody who can look at where i work and what i see the

issues saw the issues are in the inner city for 10 years. i don't see how poor people getting food stamps that the republicans don't like should suddenly not have to pay taxes at all. how does that incentivize anyone? stuart: you got off on a tangent there. i don't think anybody is saying make those poor people pay taxes. trump not saying it, hillary not seen it. stuart: you asked me my opinion of hillary's -- trump's tax plan. helping the poor but not giving them food stamps. stuart: you how poor people. you helped everybody by getting economic growth. if you grow the economy can grow the number of jobs available in wages because you are a growing dynamic vigorous capitalist society. that is what donald trump wants. it's the opposite of hillary clinton wants more government, more taxation and more giveaways.

>> 's tax plan is going to the very poor same boat for me because you don't have to pay taxes. he doesn't make any sense whatsoever. this is his call to uneducated america today than to vote for him. stuart: uneducated america. you're going to get a lot of messages on faceboo >> and speaking the truth, just like donald trump. i don't know why donald trump is the only one who can speak the truth. stuart: i never works out where you're coming from. >> i don't know i'm coming from me there. stuart: i've got a suspicion in the next three months you will see the light and you could vote for trump. i can see it coming. >> alike to vote for a republican and donald trump is not the one. i voted for mitt romney. stuart: we didn't know that. what a program. i'm telling you.

are you leaving or staying? >> i think i'm saying if you'll have me. stuart: president upon the hitting a milestone with 300 rounds of golf. martha's vineyard during a summer vacation there. the president says his ions are good, but his strength is straight but unimpressive. >> at least is going to get good at some rain. ashley: who are you? stuart: you may anchor the show. donald trump signed her into the ground. it was 1288-foot had been made. trump called the owner of the sign thanking him for his support. it was burned down. 50 national security experts has signed a letter denouncing him saying he would be dangerous as president. kt mcfarland is here and says it is hillary we should be worried about. back in a moment. ♪

stuart: modest gains for stocks 45 minutes into the trading session. half the gas stocks iraq. more grand than brad. shares of microsoft. that's what i want to talk about. the highest level since january 4th 2000. more than 16 years ago. i do own a small fraction thereof. 5821. i never thought it would see the day. i lived in hope that here we are. how about this. new this morning from the newspapers in reporting russian tanks massing near the ukraine border. ashley: witnesses reported a lot of russian hardware including tanks and troops are massing in the northern part of crimea close to the border with

ukraine. reports that the border is essentially being locked up by russian troops. no reports -- no response with fresh admission authorities. video has gotten out shows that military buildup in the north of crimea. stuart: gold is up 13 ducks. new this morning, 50 gop national security experts signing a letter announcing donald trump. they call them dangerous. they call him reckless. kt mcfarland is the national security analyst. >> i know most of those people. i work with a lot of them. this is the washington establishment, republican establishment and they've served their country well in their day. the opportunity trump has is to go against the establishment again. he has a unique moment in history, like nixon and kissinger did in the 70s with china, like reagan in 1980 with

the arms control with the soviet union and the cold war. it's a real revolution. trump has that opportunity now. clinton is going to be the third term of obama. trump holds down the possibility of a rethink with russian relations in the united states. rethink on how to fight the war and terror. we've been at this for 15 years and have it got it right. stuart: yuri foreign policy professional. you know what you're talking about. do you think this is the right moment for a rethink is required? >> we are no longer tethered to the middle east. we are not energy independent. china and russia are declining economies all of a sudden. they are rising economies exponentially. that is now slow down. the price of oil has gone down. that bankrupts countries that rely on the export of oil.

>> you see this as an american moment where we act and take advantage what's going on overseas. >> add to that of the united states cut taxes, spurs and economic revolution and economic renaissance that the corporate tax money comes back to the united states, invest in infrastructure and the new technologies that are on the planning board and could immediately do things to change our american manufacturing. i think it is a unique historic moment. whether trump seizes the moment, we will see. stuart: what about the news we just brought everyone. russian tanks at the border. what is that all about? >> it makes you rethink more difficult with the trump administration. stuart: what is prudent not to? >> i think he likes the olympics. he does stuff during the olympics. 2008 beijing olympics. 2014 sochi olympic scribe's

crimea and started fighting on the eastern border of ukraine and russia. i think he's warming up. i think he is taking a moment of extreme vulnerability of diversion. we are focused on the olympics come and seek a virus. president obama, no drama obama does not want to problem on his watch. europe is distracted with political ramifications. if i'm looking around and i want to grab something to cause a problem, if i want to show europe for nato, this is my moment. stuart: trump involved with russia putin. that plays as well. >> it all plays in. it is all one giant chessboard. stuart: kick that chessboard over. katie macfarlane commit thank you indeed. dramatic stuff today. do you remember this young man. what you're looking not just the reason he was arrested. he's got a homemade upon clout to school.

while his family is now suing. with the details on that one. meanwhile, trump jokes about ejecting a baby from the rally. the mainstream media pounces. the mother of the baby defense donald trump. stay right there. >> don't bury about that baby. i love babies. i hear that baby crying. i like it. i like it. what a beautiful baby.

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microsoft. this is not an all-time high, but close. a 16 year high. 5829. yes i own a tiny fraction. the nasdaq composite with the home of technology stocks, same story. all-time high. 5230. donald trump you may remember he joked about a crying baby. the media pounced on him. they say he kicked the baby out. the mother is now responding. roll the tape. >> i thank you as -- they are trying to find ways to be offended by what he says. he's genuine and he said that howard is. you are a mother. you understand your baby starts making disruption in the crowd and all this spotlight is on your comment so nice nice to have that relief to take the pressure off of you. stuart: it was released. ashley: trumps that i love babies.

get that crying baby out of here. a fun little thing. she left voluntarily because she didn't want to disturb what was going on. everyone was very gracious. when she got home and read the headline she laughed out loud. it was hilarious. >> she should've been thrown out. babies are a nuisance. stuart: you don't have any children, do you? ashley: god i hope not. stuart: this got a lot of peoples attention. there you go. some of the athletes, their bodies covered with perfectly round marks. some of them around, some of them not round. this is actually called copying. tamara, you are at a host of sports court, a show top-rated. >> yeah, i think so. just my luck they will be calling you.

stuart: buddies with copying? >> i have had it done. instead of getting a massage, they put these cups on a piece of your body and pull. it feels like hot goalie. it disperses the tightness of the muscle so it makes the pain from the muscle tightness go away more quickly. but it does leave behind this bruise. my bruise lasted for i don't know weeks. it is like a hickey. i don't know how else to explain it. stuart: no wonder it's a top-rated show. does that work? >> it does. it does because instead of a massage work pushes the muscle out, it pulls the muscle up and breaks it off. stuart: it is not one of these new age things.

>> now, it's been around forever. the copy and i had done, this 18th century cut. stuart: did it help? >> it to good it help. i think there will be a phenomenon where you see copying institutions all over. stuart: at the retail opportunity. what would we call them? cupping solons? getting carried away. donald trump come is serious stuff come out with this plan for the economy. former new york mayor rudy giuliani says trump reminds them of ronald reagan. more on that in a moment. when you get a few cross a burrito with a whopper. working as trying it out and they've got a name for it. we will be back. i have asthma...

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. stuart: you can say that about some of these big name tech stocks. look at that. alphabet has hit 811, all-time high. amazon has hit 771. okay. almost. ashley: yeah. stuart: all-time high. microsoft 16-year high. 58.30. nasdaq, home of all the tech stocks. that's at a record high as well. 52.29. look at them go. and then there is burger king,

coming out with something called a whopperrito. what is it? ashley: classic american food meets text mex in one burrito. being replaced by some sauce and the buns are now flower tortilla, but it still has 100% beef in there and tomatoes and lettuce and onions and pickles. i hate pickles. but they say this could be popular 2.99 to 4.99. i can't imagine that going for 2.99. stuart: there's the company that owns it all. up 1%. i think it would sell. ashley: absolutely. stuart: you could split that into three and have family lunch. ashley: breakfast, lunch, and dinner. stuart: in my house split it seven or eight. ashley: that's what i was going to say. just get a mouth full. stuart: better get back to the election. rudy giuliani compares donald

trump. >> it's one that works, it's one that's proven, it's basically what kennedy did. it's basically what reagan did. it happens to be what i did in new york city on a small scale. maybe donald trump has become, you know, as politically savvy as ronald reagan. stuart: fred barns from the weekly standard is with us. fred, you knew ronald reagan. do you think -- >> yeah, i did. stuart: i wish i did actually. i wish i did. look, i think rudy giuliani is saying in terms of policy, trump and reagan are very much alike. but i think you and i would say in terms of delivery and message, they're very different. do you agree with that? >> i would agree with that but the message itself is much more important than the delivery. and as giuliani said it goes back to jfk in the '60s. he cut tax rates across the board and what happened? the economy boomed, and it generated more tax revenues. and then we get to reagan.

and reagan picked up on the jack camp tax cut. remember congressman, had 30% across the board, which he had based on the jfk tax cut and reagan picks it up 25% across the board in income tax relief and what happened? the economy boomed. i'm glad to hear that giuliani did the same thing in new york city because new york city certainly changed for the better under giuliani when he was mayor. stuart: so rudy giuliani was saying that after he heard what donald trump's plan was. now, jean sterling, a top adviser to the clinton campaign talking about trump's economic plan. watch this. >> he's saying that if you are at the -- an investment banker with a partnership income, you're going to pay 15%. your marginal rate is going to be lower under donald trump's plan than many middle income americans face.

and lastly going to eliminate the estate tax. you don't pay any estate tax at all, if you have $11 million a couple. why he would spend $270 billion that could be going to jobs and infrastructure to just give the most well off families this tax break. it's really very puzzling to me. stuart: okay. fred, you heard that. your reaction. >> i've heard that many, many times. that's the normal reaction of liberal democrats. they don't like tax cuts, particularly cutting the income tax rate. and there's something different about the trump tax cut. and some of the details we haven't heard yet, stuart. and one of them is that all the deductions that we normally get are going to be faced out for the wealthy. and the mortgage interest deduction -- stuart: do you know that for a fact, fred? >> i'm sorry? . stuart: do you know that for a fact? because i have not seen that detail in the plan. the facing ou phasing out of deductions for wealthy people. >> well, he hasn't announced that yet but that was

certainly part of the plan as put together by the people like larry and steve moore. something trump specifically asked for. he doesn't want to be accused of proposing a tax cut that will make him richer. stuart: that's really a radical move. >> it is. stuart: when you start phasing out all kinds of deductions. okay. you've got an income level that they start phasing out at. but that's really radical stuff. that really is. >> it is. and when you talk about -- when you compare the tax cuts that trump has proposed with the nontax cuts, the tax increases that hillary has proposed, and this vast infrastructure program, the difference here, stu, is what has worked in the past and what hasn't worked. i mean what hillary's proposing is exactly what barack obama has done. that was the -- that was the main thing in his stimulus. it was infrastructure. it didn't work very well. . stuart: okay. got it. fred barns, this is fascinating stuff. very clear choice less than

three months away. fred, always appreciate you being with us. thank you very much, sir. >> glad to be here. stuart: do you remember -- i think he was nicknamed clock boy. his name is ahmed muhammad. he was arrested after bringing a clock to school. people thought it was a bomb. well, now suing texas school officials saying he violated his civil rights, and they stifled his creativity. watch this. >> i lost a lot of things. i lost my home. i lost my creativity because but i used to love building things. but now i can't. there's nothing i can do. . stuart: all right. now, former prosecutor katie feng is with us. and i want to ask you, katie, right off the bat does this young man have a case? >> he has allegedly a case for a violation of his federal civil rights under 1983, which is a pretty recognizable

federal civil rights statute. but, guys, remember this is texas. you've got to pitch it to a texas jury. you've got to convince them to give him punitive damages, which could total in the millions. he originally had another lawyer who demanded $15 million and there was a huge outrage about that. but importantly, this family doesn't even live in the united states anymore. they moved to qatar. do you think a texas jury is going to give this kid and his family millions of dollars so that they can ship this money overseas? i don't think that's going to happen. stuart: so why would they file the suit? they must understand that the likelihood of it paying off is slim or none. so why are they doing it? >> well, his new lawyers, if you go to their website, they call themselves warriors for justice. and i think that what they're trying to do is convince the public at large that this 14-year-old boy after he made a clock that the local authorities, including the school officials, thought was a bomb hoax or hoax bomb that that's enough to be able to sustain the damages in

millions of dollars. but, you know, there's a lot of lawsuits in this day and age that don't really have a lot of credibility to them, but that doesn't stop you for paying that filing fee and actually filing suit. stuart: it doesn't cost much, does it? if somebody else is -- are your lawyers and they're being paid for by somebody else, it costs you nothing to lay down a suit and make a political point. do you believe that's the case now? >> well, i will give the lawyers who are representing this young man the credit that their heart is hopefully in the right place for bringing this lawsuit. but under 1983, section 1983, you have a statutory remedy for your attorney's fees. so they're not doing this totally out of the goodness of their heart, and i suspect they're working on a contingency basis. and they're going to get 20, 30%, so if it's a big payday for the family, the lawyers are going to get a lot too. stuart: katie, we love it when

you do your homework for us. very much appreciated. good stuff. going to get back to your money now. apple rolling out the next version of the apple watch. now, that's interesting. new features on it. nicole, what are the new features? >> very interesting. a well connected industry analyst says two watches. better, faster processor on one of the watches, which is basically an upgraded version of the current watch. also some waterproofing on that watch. the other watch is all about gps, radio, 'promter, improved geolocation ability. really great if you're lost hiking i guess. capacity for the battery that is bigger and better. it will be a little thicker. now, this is all based on one analyst from kgi securities. but all of those things seem pretty great for apple. they did well with the apple watch. their sales have dwindled year

over year but the number one smart watch. stuart: nicole, maybe the number one smart watch. but i don't think that was a major success. >> i don't know that it was a major success. but if you're leading the pack, that's got to be some success. and these two watches reportedly, stuart, are going to come out in the second half of this year. so that's what we're going to be watching for as well. . stuart: okay. >> the second half of the year. so that would be now into the holidays. stuart: have you got one? >> i've got one for my husband, and he really does love it. i have to say. he loves it, and he wears it. i want to get them for the kids, but they're really expensive, so i backed down on that idea. stuart: smart move. all right. thank you very much indeed. quick check for the market. up 41 points and half the dow stocks in the green and that means they're up. this is one of our favorite videos of the morning. nothing dramatic but -- washing ashore in scotland actually. on its way to molter.

ashley: as you do. stuart: it's caring 280 tons of diesel, so they're really trying to lock that thing down. they don't want it bursting all over scotland but that's where we are as of now. and now this. president obama about to reap of his goal of settling 10,000 syrian migrants in america this year. very few christians among them. father jonathan morris on that in a moment. and many black pastors preaching for hillary from the pulpit. some say those pastors are breaking the law. more on that in a moment too xpee with usaa is awesome. homeowners insurance life insurance automobile insurance i spent 20 years active duty they still refer to me as "gunnery sergeant" when i call being a usaa member because of my service in the military to pass that on to my kids something that makes me happy my name is roger zapata and i'm a usaa member for life. usaa. we know what it means to serve. get an insurance quote and see why 92% of our members

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>> well, here's what you missed from fox business earlier today. donald trump on mornings with maria. >> i think it's just, you know, steadiness, and it's just doing what i'm doing. i'm getting massive crowds in detroit yesterday. you know, they thought maybe you have 100 people, you know, an economic speech. so it was a close speech, and they call every hour and say could we have 100 more? could we have another 500 more? they ended close to 200 people and a lot of people standing outside trying to get in and that's standard. that's just, you know, an interspeech. and that's standard because i don't know the crowds we're getting are tremendous. so i don't know what that indicates, but it's got to indicate something that every arena is sold out. we're having 15 to 18 to 20,000 people and that's not even big.

so, you know, something's going on out there

. ♪ . stuart: high i think it's called. ashley: yeah, i recognize it.

i just don't know the name. stuart: let's move on. ashley: enough of that. stuart: trying to focus on microsoft, middle of your screen. 58.40 that stock. best level since january the 4th of 2000. 58.40. okay. i've got a little tiny bit of it. love to see it go up like that. the big board again shows 44 points, 18,573. look at this. the jobs website monster.com. that is a dutch firm. that's why monster is up 25%. a foreign buy out maybe. look at twitter. it's renting out 183,000 square feet of its office space in san francisco. that's not good. why are they doing that? i mean if they're an ongoing concern and they're renting out space? ashley: well, they're renting out 183,000 square feet, which is part of their headquarters in san francisco. but, look, they announced an 8% lay off of their staff they really year. they've got a lot -- stuart: oh, that's it. ashley: this is prime downtown san francisco neighborhood.

so they're going to get a pretty price for this to basically subleasing it. so it's a way to make extra money. stuart: got it. yeah. we're on track to meet president obama's goal of accepting 10,00 10,000 syrian refugees coming here from now to september. but none of them are christians. father morris is with us. i know we've asked this question before. i'm outraged by it. i don't understand why. 23 i think it is. >> first of all, i don't think there should be any religious test for what, you know -- stuart: okay. >> who we allow into this country. at all. no religious test. stuart: they're the ones being -- >> but i was in syria in 2008. at that time, there were 4% of syrians were christians. that's a small percentage. right now there's much less than that. very, very -- no way of knowing for sure exactly how many. but many of them have fled. many of them have fled. so we're talking about what percentage should be christians, i would be

concerned if there was 95% of the refugees were christians. because then there's a religious test. but you do make a good point here i think. that there is -- there are people who are fleeing because their christian faith. and that's reason for a asylu a. stuart: so that's not a religious test. that is a test of are you a genuine refugee? are you fleeing for your life? christians can make that case. >> and are we to distinguish between those who are fleeing for their lives and in this case many from religious persecution and those who would like to be an immigrant and come over to our country and that you are very right. we should be especially careful of those who are fleeing for their lives because of religious persecution. stuart: i just want to leave time to get onto this subject. there are reports that black pastors may be breaking the law when they try to get hillary clinton elected from the pulpit. i think a third of church goers say they've heard in a sermon a political message in support of a political

candidate just in the last few months. a is that illegal? b, what do you make of it? >> well, we should separate what is a political message and what is electioneering. or somebody promoting a particular candidate or even saying don't vote for that candidate. stuart: yes. >> i would never do that. but what is important for religious leaders of black pastors, white pastors, evangelicals, catholics, is to speak out clearly about moral principles. would we want our pastors to be silent on slavery, for example, just because, oh, i don't want to get involved in politics. absolutely not. we need to speak clearly, but we have to avoid -- i think it's bad for the church itself. not just for the country. but for the church to avoid marrying one particular candidate or party. stuart: fair point. a third of people surveyed said they'd heard sermons pro hillary clinton. and another third say -- >> that's illegal. first of all, it's illegal. stuart: and another third heard sermons antitrump.

that's a large majority of sermons being preached in churches in america, which essentially saying vote for hillary. since when? >> here's the principle for pastors, priests. don't use names. and don't use party names either. that's where we get in trouble, and that's what we shouldn't be doing. yes, black churches have been traditionally very political. but now some evangelical churches are doing that as well. and sometimes catholic churches are just afraid to talk about anything political. and -- stuart: they're not politically correct. they just don't preach on politics. are we done? we're done. father, thank you very much. more varney in a moment. flat out of time. we'll be back ♪

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. ashley: well, let's take a look at the big board, please. the dow up 35 points in this hour. been in the same range now for the last hour or so. big tech hitting new highs. amazon, google, facebook, all showing some nice gains today. all hitting some all-time highs in today's session. now let's take a look at this. right now stuart getting filled in on what's coming up at the top of the hour. all looks very serious.

and here's what we have. hillary clinton facing lawsuit over benghazi. the relatives of two benghazi victims suing her for wrongful death and defamation. chris will join us. and turkey, threatening europe. let us travel without a visa or we'll release millions of am i grants. and zika may be spreading in florida. a new case and this time it's in palm beach. but before that, here's peter mauricey speaking to donald trump's economic plan. >> no two ways about it. only two economists on public policy expertise it's kind of thin if you want to tell me -- ask me how many, i'll let you judge, but it's not a lot. on the other hand her team is loitered with people who have heavy investment in government who never earned a living, work and live at places like harvard and princeton where they live off other people's money. so i don't know how trump is inferior.

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stuart: good morning, everyone. 11:00 on the east coast. adm viewers in california. frequent viewers of this this program will notice the new british accents. ashley and i came to america, loved it and we take citizenship. piers morgan did not. he's british. he came over here, insulted americans and left. from a far he's back to america bashing. a young american wide gold for shooting. except isaac and allies. 19-year-old jimmy thrasher be the favorite chinese. enter your piers morgan with the nasty little treat. least surprising breaking news ever. you seek on the piers has a problem with america and the second amendment.

he doesn't understand america is a unique country for allowing the widespread ownership of guns. he thinks we are. he used that word when it is working at another network. he was quickly run out of town. nobody was watching the show anyway. you will continue to your british accent on this program. with other cure. we relish our freedoms. as for dear piers, we have this message. there are two cheese and bugger off. "varney & company" is about to begin. here it is. ♪ took a little risk with that. we will get to politics in just a moment. up 43 points. 18,572 is where we are. the price of oil at $43 per barrel. not going anywhere this morning. look at the not that composite

appeared this is for technology stocks are representative metz where your money is going. look at this. alphabet just hit an all-time high. 811. same story with amazon. it is they are now. awfully close to 772. microsoft is well above the va is 16.5 year high. liquor was that the spirit goldman sachs partner kiernan and ashley webster. big tech writing high. i mean, really writing high. are they too expensive for the little guy to get into? >> the trouble with timing entries you almost never get it right. what a day to people is to have an acid the hitting all-time highs. we are ranged by an all-time high. also interest rates are dead low. bank of england has cut its rate to the lowest in 322 years.

ashley: that's a long time. the question stands, are they too high for people to get into? >> the thing to watch, there's not a lot of volatility. it is not a multiyear low. certainly in any tips many tips that will be marketed to the sky. these are great stocks to own. they are the bellwether, the bell ringer and a fallen back out of pack. stuart: i'm astonished by the progress. that is where so much money has flowed right in. it's amazing. i want to ask you about donald trump's growth plan laid out yesterday in stunning detail. the basic topic tax cuts and renegotiarenegotia te trade deals, encourage domestic energy. you approve of this? >> i think he hit very hard on the restructure card.

the thing that is different about hillary clinton is number one we are going to engage business. why is that important? trump is saying we are going to get shovel ready. finally, the most important is that you spend money on has to be a multiplayer. building a bridge, building highways for multiplayer. given the tsa new uniforms. not a multiplayer. what we have to look us whose economically truer. stuart: the basis of trump's plan is cutting taxes for corporations, businesses and individuals. that's where you get the real growth from. >> i think taxes are important, especially when you collapse layer of taxation. when you take the skyhigh tax rate for u.s. corporate, cut it to 15%, you are going to generate a lot of good profits

and profits don't go to the corporations. shareholders and pensioners good for everybody. stuart: you think you can get 4% growth? >> i was within this morning on the fox news channel. for% growth or better. he think he's right? >> i think you would get 4%. he's got to be less timid. we need to spend a trillion dollars on infrastructure. anything less is a tip. stuart: pretty soon you're talking real money. hillary clinton responding to the planned accusing his economic advisers are trying to avoid paying their fair share. watch this. >> announced a few days ago that he's got a dozen economic advisers. let's see. you've got three wall street money managers, an oil baron, a former chief economist and one of the big banks of the hardest financial crisis. you've got six men named steve.

they all care about the same things he does. about how to avoid paying their fair share. stuart: karl rove is with us. i have heard that expression before. paying their fair share. that goes back 30 years, doesn't it? >> it goes back 125 years. the 1896 campaign. the top 1% pay 30% of the taxes. maybe she ought to say what she thinks the top 1% fair share is of our tax burden. the bottom 50% pay virtually none of the tax burden. some people have been a feel. most people in america do not have a hostility towards wealth. what they want to do is have it earshot and a growing economy. she opened herself up.

trump can go back and say all we heard was the same thing we've been hearing the last eight years or more government, more government spending, more government control, more government regulation. they'll vote for her, but if you want an economy that is driving torrid tax cuts, less regulation and more jobs and more opportunity, come with me. >> hillary clinton also under some scrutiny for her jobs record when she was a senator from new york. she was unable to pass legislation that really added to jobs in upstate new york. she's been heavily criticized for that. do not well, she should be. it's not her failure to get her bill passed. if the bill itself. let's have more jobs. it takes money from some people in america are working hard in building businesses and creating jobs and providing for families

in order to have government decided the winners winners and losers out to be. she sent dave for a more crony capitalism. the obama administration give the cylinder. she won sillinger on steroids. she endorsed a bank and rushed attackers kirk money in and they will use that taxpayer dollars to invest in projects that they make money off of. government picking winners and losers. not the way it ought to be done. stuart: i've got literally 30 seconds. if he had to go for growth and saying let's be fair about the economy, who wins? where's the country at this point? >> it's whoever makes a sustained argument in the mix 90 some mondays who wins the argument. progrowth candidates have tended to win the argument year in and year out. before we go, i've got to say thank you for dealing with that

twit pearce morgan. >> i think i went a little far. >> you didn't go far enough. do you sometimes feel like you're going overboard. more of that is necessary when every shows up and insults american athletes. stuart: shamelessness in. you can come back any time. thanks very much indeed. delta you may obviously note the huge outage yesterday. i believe 1000 sites working old. i think they are canceling the mark. ashley: this is a worldwide name. another 300 today. they have to reset their operations in order to get everyone back on track if that means another 300 canceled today. they are offering refunds cannot travel vouchers. but you've got all those flights yesterday trying to find flights

today. not an easy task. they are apologizing perfused lay. >> just puts you right off flying and traveling. the very thought on summer vacation with the kids. stuart: check the market up 50 points now. a majority of the 30 dow stocks are a. we've got a wild seed at the event in virginia. look closely. a lady tried to park the mercedes, the red one in the front. she drove right over the corner of the $300,000 for ari. the ferraris front of her as you can see what damage could be young lady looking, did i do that? turkish president erdogan threatening to release 3 million migrant. just look leading to europe. he wants free access for turkish

citizen throughout europe and he doesn't get it. the migrants are released. i needed more serious note, today marks the 76th anniversary of the dropping of atomic bombs. 74,000 people died in that event. ♪ music for your retirement, you wanted to celebrate the little things, before they get too big. and that is why you invest. the best returns aren't just measured in dollars. td ameritrade.

stuart: and a warning from turkey is president erdogan. he says that the european union does not give turkish citizens visa free access to europe as previously promised, because let 3 million migrants loose on europe. donald trump's foreign-policy adviser is with us. that is a serious threat. they've got enormous leverage and they could do serious damage to europe. >> look. this is not the first time, but the first time that threat made official. i've been to the european parliament and spoke about it. they came to congress a few

weeks ago. you cannot play with millions of refugees. lebanon, they don't do it. especially after the event in turkey and especially after what he saw happening having said that, there is a point here. these refugees should go home. not lose over the agn into europe. this is where the international community, the u.s. administration that everybody should focus on bringing refugees home. stuart: what happens if erdogan does fulfill his threat and says you live, 3 million of you. go back to europe. >> that would be chaos. imagine then go read through the balkans. i don't think it's going to happen. i don't think the europeans are interested in this. they would be interested in

coming back to syria. stuart: there's no way the europeans would grant access to 70 million turks. that is never going to happen. >> no. that's a difference during. that's a long-term negotiation. stuart: stay there for a second. another subject and back to in a second. russian tanks are massing near the u.k. and border. ashley: 25 miles south of the border. the border town tab then shutting down checkpoints on the ukrainian crimean border. somehow the military hardware. out on a fun show in a convoy of vehicles was ukrainian border. >> you are one of data transfer and policy advisers. would you make of putin with

tanks on the ukrainian border? >> this is an open wound. the crisis was not resolved. the crisis began with the crimea issue and unfortunately the obama administration did not do much on the ground. neither would the ukrainian by the russian leadership. i hope you will be in when he will be there to be a different output, a different foreign policy altogether. stuart: would you expect him to comment on military vehicles and tanks to the border? >> at the military movement is out of the ordinary, a serious advance in two episodes. but the first of all what the obama administration will say. stuart: walid phares, always a pleasure. i've got more and president erdogan. he is meeting with russia's vladimir putin. not sure when it takes place. the very near future i believe. st. petersburg today in russia. you say that's a very big deal.

>> if you think that to last thanksgiving, dallas winter to shut down a russian fighter. today, one of the first calls that putin made right after saying we are not in favor. we should restart our relationship and some of the things he's doing is positioning himself as a reliable outlay. he knows that turkey said on the front line for nato. stuart: that's interesting. erdogan turkey, russia get together. >> i will tell you something. they get together just outside petersburg. the russians have a proclivity to do precisely the thing you do not want them to do. >> military vehicles including tanks threatening the europeans. you're going to get 3 million more muslims if you don't let me get css. >> will be accommodated where

they are strange. very, very important. the price of gold going up for 50. none of that has anything to do with it, brca1, et cetera. >> erdogan is that i would really have to watch. stuart: locally acquired zika virus has arrived in palm beach county. governor rick scott said the infected person had traveled to a part of miami being called ground zero for the virus. currently 17 cases. transocean oil great washed up on a beach in scotland. after being blown ashore they were trying to break it loose. unfortunately it's 280 tons of

diesel. a new report shows social security's tasting a huge deficit. we will tell you how much. it's in the trillions. ♪ 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? well, there is biotene, specially formulated with moisturizers and lubricants... biotene can provide soothing relief and it helps keep your mouth healthy too. biotene,

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stuart: the report says social security as a gigantic deficit in the coming years. ashley: if they really went out in projection. if we don't do anything with this system is set up, the amount of money and compared to going out. 32 trillion. >> that makes the development. >> you can. that's what they did. if we don't do anything, it's going to run out. the total cost of the workout. we set up a trust fund in 1983

and i went and looked at it. you and i never buy the watching pay in payroll taxes the trust fund. right now there's not 1 penny of cash. all ious. social security is pay-as-you-go that means taxes or borrowing. that's a period raise taxes or borrow a torrent of money. >> what's happening is there's 44, 45 million retirees. in 20 or sets expected go to 80 million. you cannot be moving things a couple years. stuart: borrower attacks. ashley: those are your two choices. stuart: the dow industrials now up 50 points. that puts them at 18580. it is a rendering of a mosque that was being proposed for a town in new jersey. the time now is being sued

because they refuse to let it get built. the judge on that refusal in a moment. parents of two victims of the bad guys the attacks doing hillary clinton, alleging her a mask and a played a part in the deaths. next, one of the bad guys the heroes. >> i don't hold any ill feelings for someone who would not moment may not fully recall everything that was or wasn't that. if you go back and read everything that i said that day, i quoted people who talked about it being terrorism. i had already said it was terrorism. there is no doubt it was terrorism.

stuart: 47 points the dow industrials. 18576. peter chairman is with us. two ambassadors -- both they like donald trump grow the economy plan? >> bileca for growing the economy and getting rid of silly regulation. they like it because profits will go up and profits going up it's good for everybody. >> turned speenine, top advisor commented on trumped land this morning. it just helps the wealthy. both that tape. >> he's saying that if you are

an investment anchor with a partnership income, you will pay 15%. your marginal rate is lower under donald trump's plan that many middle income americans face. lastly is going to eliminate the estate tax. not a penny if you have under a $7 million. why he would spend $270 billion that could be going to jobs and infrastructure to just get the most well-off families this tax break is very puzzling to me. stuart: that was the end of july. nonetheless, that is how the democrats are coming at a plant for growth. >> would respond to that. and on to respond to that has no clue who own stocks. individuals, churches, hospitals, schools and 1.6 million charities in this country. a majority of stocks. it helps everyone of those

organizations not just the wealthy. others people including some of whom spend their lives killing the poor, doing that they can't for the least among us. i get sick and tired of people saying it only helps the 1% if you have any clue who once equities. it is the people i've mentioned and they will all benefit from this plan. stuart: peter, thank you very much. for americans in september 2012. the parents of two victims, tyrone woods and sean smith first doing hillary clinton alleging her e-mails played a role in their deaths. chris toronto as it does. he fought in benghazi on that night. he joins us now. would you make make of this lawsuit direct divided hillary clinton? >> i feel like the families are trying to get closure in the habit got it for a particular system. they haven't got it to the doj

and they do know hillary is fine and they are trying to bring that to eye. i feel for pat and i feel for charles and all the family members because they haven't got the quote is they needed and they they needed and they haven't been told the truth yet. stuart: do you have any intention of joining this lawsuit? >> no, i don't. i've got my own thing going. i do support them, but i don't really pay me to join the lawsuit. jumping on the bandwagon now would not be beneficial to their cause. but i do support them. stuart: there is some criticism that it's a political lawsuit. it's a political lawsuit. e-mail exposed in the campaign, better, it better. >> i don't think it's political. i think it is a personal issue. it is apparent suffering and every time they see hillary, she

lies. their kids die again. they are trying to get closure. that's what i see out of this. i do support it. stuart: i want to make sure our viewers know who you are. you will witness to people that got on the screen right now. you are with them in benghazi on that night. they were right next to you when they were killed. is that accurate? >> sure. we found shot at sean's body had been pulled out of a burning building. i actually witnessed his body in the back of the suv with them. tyrone was 35 meters from me when i saw the mortar said. basically i saw was of the lake to me when he was obliterated. it is a pretty devastating thing and i saw him disappear. we have to continue to fight on. i remember picking up his body the next day and putting them in the back of a flatbed.

stuart: a mortar was used. that's a heavy weapon. that's some thing street demonstrators that have at hand is silly. >> that's correct. 81,000,005. that aside was a terrorist attack if there is no videos, no protests, nothing of that nature. that is all part of covering not then also a good day for her as president now. also her work at the state department sars been ahead of the state department which i believe is a failure. stuart: always a pleasure. appreciate it. judge andrew napolitano is with us. you talked about this incident of the lawsuit. >> it is very moving. i've seen them interviewed before. this is the most graphic retelling of those horrific events that i've heard from. i can understand his feelings of

the families of those lost comrade end to the extent that this may further expose mrs. clinton's life, one of the most powerful things he said if every time she lies they die again, meaning in their hearts the survivors of the dead suffered that death again. but the laws have been written by republicans and democrats, liberals and conservatives to immunize, to insulate government officials from the legal consequences of their behavior. the theory if they didn't have the immunity they would be gun shy. the other side is that they didn't have the immunity they be more careful. they come down on the side of the immunity. stuart: i understand your feelings. if you were to judge. >> even though i would love mrs. clinton in a courtroom undergrowth.

>> that is not something that one could do, use the federal judicial power for defending a political view. if i felt that strongly have to get up the case. stuart: the town in new jersey is facing a lawsuit because they refused to fill a mosque in the town. they said you can't do that. can't build a structure because of zoning was actions. they were accused of bigotry. >> or 230 years, land use is a local function. about 10 years ago, the feds enacted a statute prohibiting those who make decisions on land use from taking religion into account. the question for a fact finder, this is for a jury ultimately to decide. this is a lovely town. it's not far from one of your homes in new jersey. not far from mine. did the officials in this town use religion as a basis for their decision or did they just

use land-use principles. size density, population, traffic flow. stuart: the voyeurs will look at any verbal statement to the fact there is a religious test. discoveries that they're going to do. >> precisely. zero involvement of religion. traditional land-use. it will probably be upheld. if there's any showing of religious bias, then the people that want to vote have a very good case. appealing decision of the local zoning board to a judge who will sit in the corner where i sat in the judge will have to decide was religion involved or not. if this was a protestant church or a jewish synagogue, would there have been the same outcome. stuart: i could never be a judge. >> you get paid very little to

make these tough decisions. stuart: i just couldn't do it. how do you live with it? you were a judge. he must've had second thoughts on occasion. >> i had second thoughts about going to confession. i had second thoughts with respect to sending things at times. but if you second chance he would beat yourself up and not get through the day. make a decision in going to the next phase. i said so little too heavily. a very small window of time in which to do that. a very small window. just about 48 hours in which to make a correction. once you sign the final document the appellate court could make the corrections. stuart: judge, glad you're with us. let's take money into consideration did all-time high reached earlier and thus big-name technologies all the

time. looking out for that. i'm getting used to calling alphabet. they reached $813 a share a few moments ago. amazon has 772 moments ago. microsoft 16 year high hit 58 and stayed there. endo pharmaceuticals if they are a technology company. they make opioid drug called upon it. higher sales. the stock is up 24%. remember, and i was one of those they relocated to ireland from america, pennsylvania. the balance of up-and-down for the for the dow 30 mostly higher. now this. the latest creation. >> you're making that up.

stuart: it takes all the ingredients from the traditional whopper as a burger, puts it in a flour tortilla available nationwide in august 16th between 299 in 499. >> you could even buy them a trump tower. we are hearing from all sides. will it work. cap, california's larry elder. but first, listen to what former new york mayor rudy giuliani h to save. >> to reduce the corporate tax from 35% to 15% will bring billions and billions of dollars into the united states and millions and millions of job. a small scale of new york city is what i did. everyone told me i was going to create a recession. everybody said what hillary clinton said and they all turned out to be wrong. (announcer vo) or you can take a joyride. bye bye, errands,

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(announcer vo) you can sit in traffic. or you can crack up. (man on radio) but if it isn't refreshing... (announcer vo) sorry traffic, we laugh 'til it hurts. siriusxm. road happy. >> gyan nicole petallides. the dow jones industrial average. 10-point.the height of the day. s&p 500. i'm not that to an all-time high. with that, some of the names without bears today. lifetime including charter communications. good revenue they are. to the upside. these are the names without

bears. then we have the s&p 500. watching that as watching that as well as new highs for the s&p 500 today. here are some of the winners included in the corporate office this quarter. you can see right there and no internationally winner. retails talks with retail sales and the retailers have been had. wayfarer down 17% you can go ahead and stick with that complicated credit card that limits where you earn bonus cash back. or... you can get the quicksilver card from capital one. quicksilver earns you unlimited 1.5% cash back on ev-e-ry purchase, ev-e-ry-where. i shouldn't have to ask. what's in your wallet?

stuart: a lot of people are in at amazon. look at it go right now. you may have a spot of trouble in japan. office in tokyo raided on suspicion of the violation of antitrust. ashley: there are claims that i wrote this down, japanese fair trade commission. however what they are accused of doing is forcing the people who put products on their site to price its products lower than other online site in japan. in other words you can be on our amazon website, but you have to price slightly under which we price on the other ones. that's what they are accused of. stuart: the stacks at 771. >> i like the name of japanese fair trade commission. i never heard of such a thing. i will say this. there is a billion or 8% of the revenue from japan. they've been investigated by germany and before.

we are changing the way things get done and not every country is going to love it right away. donald trump elaborate on on how is going to ask a tax rates for individuals and businesses. massive infrastructure rebuilding and producing a whole lot more domestic energy here that is donald trump's plan outlined yesterday in detroit. larry elder national syndicated guy from california. you were in favor because of california. i'm sure they heyday. california course is heavily democratic. we traded some months ago but the good, the bad and ugly and later ron i'm not saying she

stole it from me, but there is a pattern. re: tribe speech yesterday, it is the good, the bad and ugly. the good is that tax cuts regulatory relief. $800 billion in new regulations it honestly we need relief. he said virtually nothing about entitlement reform. social security are unsustainable in said very little about that. the continued hostility towards free trade. both of us adore ronald reagan. ronald reagan engage in protection as well. the two most famous examples were key protected harley-davidson by imposing tariffs on japanese motorcycles. kawasaki and ronald reagan and so-called voluntary import quotas and the heritage foundation in one year alone, 1984, americans spent $5 billion more for cars, foreign and domestic than they would've

otherwise paid. so they don't work and even paul krugman, the gop hating "new york times" columnist as a demagogue. i'm sorry trump is the most protectionist republican president. doing it for campaign purposes. would you say i can't take that stuff on trade. i can't handle that. we are you coming from here? >> as i said, he beat a good, bad and ugly. she is as bad as donald trump is not because of bernie sanders on trade. to raise taxes and impose new regulations. hasn't made any criticism of obama's policies with the first economic recovery. i just don't like this anti-free trade nonsense that donald trump

is telling people they can bring back jobs when in fact the reason these jobs are very complicated. most of it has to do with higher costs, labor costs, taxes, regulations and things like that. >> we hear you and we will have you back on the show. that's very important. all the conservatives i speak to, trade is the sticking point. they don't like protectionism. i hear it all the time. coming up in a hard rate. you know how that can be. come back real soon. look at that. a dolphin snatching a woman's ipad )-right-paren her hand. adding insult to injury. it seems like the dolphin gets a little laugh afterwards. look at that. he thought it was a fish i guess. enough of that. piers morgan slamming that young

lady won america's first olympic goal. she wanted to attend later air rifle competition. we will have more on that in a moment. ♪

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stuart: athlete jimmy brasher in every olympics. she won the 10-meter air rifle competition. journalists pearce morgan turned it into a gun or shoot. the surprising breaking news ever. america's first olympic gold medal. i call that sarcasm in the extreme. katie is a second amendment defender. you want to say something nasty? go right ahead. >> i think i will avoid being nasty, but he was rude, condescending and has arrangement syndrome when it comes to the issue. janine thrasher wasn't late to mend. she wasn't even predicted to battle. here she comes winning gold for the united states which has been a credible organization that fosters a positive with 12 other countries that have also won medals for shooting.

they should all be proud of their sport. stuart: i don't think europeans in particular do not understand america. they can understand how it is we allow people in our constitution the right to bear arms to defend ourselves. they really don't like it. >> america pays for the defense. it is distractidistracti on away from viacom push method is at least big congratulations jenny thrasher, cory thrasher, corey cogdell who won the bronze medal in women's trap shooting. at the top of their field in their sport not make it a political issue. >> we have to recognize there is a growing feeling in america but we don't want guns everywhere. we don't want to see them walking down the street.

you understand how boring coming from, but observation about america in the prevalence of guns. >> if you look at the data, i have to disagree with you. there's more considered kerry premise that america ever been in this country. rather than having more gun control and more people than ever become gunowners, specifically women and minorities. this might feel that way based on the media speculation after we have a are terrific events that occur. our athletes are winning medals for shooting in rio, which is very important and were all very proud. stuart: had no problem with the second amendment at all. i'm a fine american. >> yes you are. stuart: will be back with more "varney" after this.

. . .

stuart: peter, favorite part of donald trump's growth plan? >> i think the closest thing to

eternal life is a bad regulation. i was impressed by trump's willingness to take that monster, we are going to cut regulations, they are stopping america from being what it could be. stuart: he could do it. >> he has a possibility of getting achieved. stuart staur times up. charles payne, it is now yours, sir. charles: appreciate it. we have brand new details on the regulation that are hurting businesses this as the candidates pivot to the economy. thanks for joining us. this is cavuto coast to coast in for niel cavuto. the obama administration's rules have reached $743 billion and more on the way followed trump's promise of new regulations. but first, let's go to charlie, former senator scott brown and democratic strategist jessica. scott brown, senator brown, your