tomorrow. "varney & company" begins right now. stuart, take it away. >> i'm ready. maria: i'm glad. stuart: this is an international incident, it's overshadowed the athletes' performance, what everybody is talking about, robbery in rio. how about that? good morning, everyone, brazilians are absolutely furious, they're hosting the game and received a storm of bad publicity capped off by swimmer ryan lochte's alleged robbery at gun point. overnight two swimmers taken off their flight home. they and a colleague will testify today and have been ordered to stay in brazil. lochte is already home. authorities want to know what happened. lochte has tweaked his story, the timeline of the incident does not add up and the videotape of the return to the olympic village shows them with some of the items supposed to have been stolen. there's a great deal at stake here.

security in rio, and endorsement. lochte picked up $2 million on london games. rest assured, we're covering the wal-mart, and galaxy 7, a totally split federal reserve and donald trump, who is now calling himself mr. brexit. and thursday, and so far this week nobody said "what was he thinking"! "varney & company" is about to begin. ♪ >> do we have news for you or what? here is what else we're watching. the wall street journal confirming that the u.s. held cash until iran freed prisoners. an iranian cargo plane left geneva with $400 million in cash and you're looking at

hostages landing in geneva. now there are 13 dead from historic flooding. at least 70,000 have registered for federal disaster relief. this could be the biggest housing crunch since katrina. and the wildfires in southern california, 82,000 people out of their homes. that's only 4% contained. it's halted cargo flow at the port of los angeles because of the fire that you're sighing right now. and next case, what are investors to make of the wishy-washy totally divided federal reserve, are they raising rates or not? we don't know. they are confused. more on this later and we will have the buzzer ready to go. the stocks are opening flat. how about oil, trading around $47 a barrel after the latest read on supply showed a drop on supply. >> wal-mart reports higher

profits, lifts the outlook and shares set to open at a 15-month high. >> and it's a blowout, stu, beating expectations, i know you hate that word. revenue, pulled in on revenue nearly $121 billion, that's just in 13 weeks. for the year, about half a trillion. this is. stuart: that's huge. ashley: it's the world's largest retailer and getting larger all the time. stuart: that's the amount of money that flowed into the cash register. ashley: nearly 121 million in 13 weeks. same-store sales up, customer traffic, better results than target that just reported yesterday and so they're doing something right. their on-line sales, they just bought jet.com for some $3 billion. the on-line growth has been significant as well. so a very good quote. stuart: hold on a second. i know you've got something on this. target, they've add private customer bathrooms after all of

this transgender flap. target's stock, by the way, is down 15% since that bathroom policy was announced back in april. now, how much have they spent on these transgender bathrooms in the last, whatever it is? liz: they're saying they're going to spend 20 million by the the end of next year to build, you know, uni sex bathrooms. the stock price dropped since that bathroom policy announced. are we to believe that people are staying away from target because they don't want to go to bathroom with strangers? >> when you look the a the results, the food business isn't doing so great and apple product sales in the store are down. stuart: you're ducking the issues. >> i'm reporting what the executives say. wal-mart's, you know, internet

strategy right now buying jet.com is only about 3% of overall. ashley: target is spending 20 million on creating private bathrooms in response to the complaints and by the way, there was 1.3 million signatures upset about this. so, i think-- >> wait, wait, wait, to ashley's point the american family association advised unisex bathrooms. stuart: i'll climb down from my high horse and say that that stock is down 15% and okay, move on liz: we covered it. stuart: well, i did. [laughter] that international incident involving swimmers, u.s. swimmers, three of them are now being held in rio. ryan lochte is already back in america. there are questions about the story of the alleged robbery. eboni kay williams is here and she is an attorney. what's your take on this story? >> i put my legal hat on and it does not look good for the u.s. swimmers. the key things to look at. stuart: the three in brazil. >> lochte got fortunate.

he got some good counsel and told him get out of here immediately. we know that the judge requested all four of them to have their passports held on wednesday, but by then, ryan was already back in the states. the three there, it's not good. here is why. there are things to look at when you're investigating this, consistency of story, corroborating evidence and timeline and witnesses. and they don't have any of this working in their favor, stuart and the prosecutor right now in brazil in an unusual kind of message speaking out to the public saying, these men could be facing charges if it's indeed proven they were lying. they're taking this seriously. they're furious because they've been given such a bad public image by these reports, especially this high profile group of swimmers and they're understandably furious about it. >> absolutely, look, there's legitimate crime going on in brazil all the time, no one is disputing that. if you're doing this high profile type of claim, it looks horrific. stuart: i want to bring in rick

grinell, this has turned into a full-blown international incident. the brazilians are furious. any idea what the repercussions could be. >> this is the olympics and they're hosting. they're proud of it and i think that eboni is right. they do have their issues with crime. but this international incident is a huge problem for brazil in terms of future tourism. they don't want people to think when you come to brazil it's somehow unsafe. look, i think that ryan lochte has some issues to deal with here. he's got an inconsistent story. he arrived at the olympics in the shadow of michael phelps. he bleached his hair to try to stand out. and i think that there is some questions about whether ryan lochte was looking to break out in some sort of performance so that he could differentiate

himself from michael phelps and get some product endorsements. stuart: i don't want to get into speculation here, but i think there's a big problem all around. while you're there, i want to bring up one other issue from the wall street journal this morning. they report that the u.s. did indeed hold onto $400 million in cash until iran, until they knew that iran had freed the prisoners, the money took off on that cargo plane the moment the hostages took off from iran. not coincidence, it was ransom. so where does that leave the americans that the iranians seized recently? >> look, this is a devastating story for president obama. jay solomon and carol lee at wall street journal go through and show exactly what happened in geneva for the trade-off. it clearly was a trade-off. they waited until the moment. this story in the wall street journal i think is going to reverberate for a while. it's going to show that future detainees or hostages, if you will, inside iran now have a price on their head that's gone up and we are going to see that

the iranians and others demand money for americans. this is a terrible story for the white house and for future travel for all americans. stuart: well said. thank you very much for joining us on two very different stories, but we appreciate you being here. thanks, rick grenell, thank you. a devastating car bomb in turkey. we'll play you the video on screen. ashley: this is the eastern city, a car bomb outside of a police station. police stations in turkey have been a target. three police officers killed in this particular bombing. 170 people injured, no claims of responsibility. turkey though blaming the kurdistan workers, party or pkk. it's an ongoing battle with kurdish residents who want more autonomy and this one came hours after a similar bomb east of here, outside another police station that killed three people. >> i think the value of this is the video.

you can see what it's like, and that is terror as it strikes, literally moments afterwards, the flames are still in the air. it's extraordinary stuff. we'll move on. i want to get to your money. we are a financial program, ladies and gentlemen, yes, we are. first up, dow futures, we're going to be down about 10, fairly flat. galaxy 7, rave reviews. we're going to drop it in a bowl of water. why? we can, and the iphone cannot. that's coming up on the show. france's prime minister backing a ban on burkini's, the full body swimsuits that women wear, and saying they're know the compatible. donald trump, independent voters like it.

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>> general flynn and other of the generals, these are great people and i ask them all the time, if you were given your-- right now they're fighting a politically correct war. stuart: that was donald trump from last night, staying on message and all of this week. i don't want to be snarky, but it's been four days without any "he said what" moments from donald trump. come in scott brown, normal senator from massachusetts. you're a trump guy. the media is waiting for him to say something that they could jump on. i don't think they found anything yet. what do you say? >> not yet and that's the problem, stuart. i've talked about it, we've talked about it on your show and other shows. the unforced errors that basically have a great day or give a great speech and then say off the cuff and that's the focus and that's a problem. those are mistakes. the difference between his mistakes and hillary clinton mistakes, is that hillary clinton's mistakes have cost people their lives or countries their sovereignty or our country its national security

and that's the difference. there's a little bit of a double standards when it comes to the mistakes. >> before we go on. do you think he'll be able to stay on message, restrain himself and can he keep it up? >> that's one of the things that people like about him. yeah, he's a little politically incorrect and says exactly what he feels, he's not a seasoned politician and that's somewhat the attractiveness, the fact that the media is waiting for it and hammer him every time. you've got to stay on message, debt, deficit, taxes, spending, nation security, and immigration. and drawing the distinctions. ry. n agt' have new watch the clip from his speech this week. the yellow line represents independents. watch it go up. roll tape.

>> any other neighborhoods have suffered greatly. to every voter in milwaukee, to every voter living in the inner city or every forgotten stretch of our society, i am running to offer you a much better future, a much better job. stuart: okay, it came down at the end there, but for most of that clip, and indeed other clips, the independents were up there very much in agreement with the republicans and donald trump. again, this is a reversal from what we've enzoo from the previous couple of weeks. >> well, certainly. the election is not tomorrow, stuart and that's what apparently people, think, oh, my god, it's over, the sky is falling. that's typical to put a narrative forward and have that be the story versus what's out there happening. there are a tremendous amount of people undecided and they'll come back on board after the kids get to school and the summer is over. it's very typical. your going to see polls up and

down and up and down and all over the place still. i still think it's his to lose because when you draw the comparisons between what he's representing and talking about and what she's actually done and continues to do and the fact that people don't like her, don't trust her and she's such a flawed candidate, i think that people want to go in a different direction. stuart: i've got a lot of friends and people up in massachusetts, know the area very well and asking me, is it safe to have a trump bumper sticker? is it safe to have a trump yard sign in massachusetts today? what's your answer? >> well, it's not only massachusetts it's throughout the country. you have people burning signs, damaging cars, it's a real problem. and it's that political correctness that you talked about with general flynn to shift gears for a second. the fact that our military is dealing in that political correctness, the rules of engagement are a real problem for our soldiers, men and women trying to fight that battle. find kind of the same thing back home the political correctness, you can't be

yourself and speak on who you want to support without the political elite, you know, in massachusetts, new hampshire, and surrounding areas, kind of hammering you for you. stuart: you've got it. scott brown, always a pleasure. >> thanks, stuart. stuart: here is what's coming up, another negative headline about the downfall of socialist venezuela. it is, believe it or not, it's heading for the steepest drop in oil production in 14 years. this is what happens when you socialize, nationalize the oil companies. full details from liz on that one coming up. she owns this story. and the latest on flooding in louisiana, 13 people dying. tens of thousands have lost their homes. this is being called the worst natural disaster since superstorm sandy. we've got some personal stories from the gulf for you. and the impact on this flooding. that's next. you do all this research on a perfect car,

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>> you know, elle brands, victor victoria's secrets and bath and body works. clothing distributor perry elliss continues to look at selling more profitable items and it's working. the stock will be up on profits. louisiana, the historical

deadly flooding continues. at least 13 have died, thousands displaced. much of southern louisiana is under a foot of rain and some saw as much as 30 inches of rain, look at that. 40,000 homes damaged and this is the worst natural disaster since the red cross handled super storm sandy in 2012. more rain is expected today. could take up to three weeks until it washes out to the gulf of mexico. we're seeing horrible images of flooding. people tie a casket to the tree and other anchors to make sure that they don't float away in the flood waters. so many stories out of this tragedy. ashley found one very large extended family. ashley: yes. stuart: that's lost 13 homes. ashley: 13 homes. you know, this is an extended family of 36 members, mothers, brothers, sisters, cousins, so that family of 36, extended family they've lost 13 homes. it's not unusual to find generations of families who live close together in this

part of the country and they are struggling. now they have to try to find some way to stay and how much of their belongings can be salvaged and how much allowed back into the homes? we know there's another 70,000 applications for federal help. this is similar to the aftermath of katrina. the femaa, federal emergency management agency may bring in trailers for the portable housing. it's a true catastrophe. stuart: when you look at the aerial shots, you understand there will be fast costs involved. liz, can you pull it together. who is shelling out the money for this? liz: the taxpayers. in other words, we've seen this before and it's basically taxpayers are coming to the rescue, via fema. if you're jobless, you'll get a half year of unemployment berths. fema can cover your temporary rent and house repairs for you. the taxpayer steps in to help. stuart: are they moving into trailers? >> there are issues there as ashley noted.

the fema said there isn't formaldehyde in them. and after katrina, they were moving in and toxins. stuart: let's not add to the tragedy, it's bad enough already. got it. now, stock to watch today, probably wal-mart. better profits and they look to the future, a rosie outlook. it's going to open about 75, $74 a share. mcdonald's pulling the fitness trackers and customers say they were giving a rash. they're gone. target spending $20 million to build gender neutral bathrooms. that stock down 15% since the transgender bedroom flap started in april. big drop yesterday. probably opening flat today. opening bell moments away.

>> we've got 45 seconds until the opening bell on wall street. we're expecting a very, very tiny loss. should be just about dead flat. i will point your attention at barrel this morning. that might help the stock market when it gets to be open in about 25 minutes' time. and i'm also go going to talk unusually about the fed. we don't spend a lot of time on it on this program, but the fed

is so truly lost, so truly confused, nobody knows what they're going to do next or when they're going to do it. that's the confusion as the back drop to inves as we begin, we're going to say we're hoping pretty much dead flat in three second's time. we're off and running and opened slightly lower down 7 points, down 6 points. as we said, it's going to be flat. check out s&p 500, i'm sure that's a similar story, pretty much flat, down .03%. w about the nasdaq? that might actually be up-- no, down 2 points, .04. right, give me oil. that's what you're going to watch today because it's going up again. 47.44. i think that might help the stock market. we certainly have the dow just turning around moments ago and it's now up a couple of points, but watch oil today very carefully. individual stocks are moving. wal-mart might be the stock of the day. we've got a better outlook and they're up 2%. lots of news on target.

as we've told you many times, they are spending $20 million to add private bathrooms, that can be the transgender flap. and they're having trouble selling apple products. it's down again. apple itself under fire, it's up 24 cents. the galaxy note 7 getting great reviews, giving the iphone a run for its money. we're going to have a galaxy on the set and chuck it into water. >> throw the iphone in with it, too. [laughter] >> how about this, they're down again today, they're going to layoff 5500 workers, that's viewer than we originally thought, the 7% of the work force, but they're down 1 1/2%. they're at 30 on cisco. look who is here, ashley, liz macdonald, larry levin and john layfield. i want to start with the fed and i say they're the lost boys who lost control and don't know what they're doing.

larry levin, i think you agree with me. you're nodding vigorously. >> i do, the lost boys, a great title for a movie about the fed. although i guess janet yellen is there i don't think we should call her a boy, but you know, they came out and there's dissension in the fed minutes that we saw yesterday at 1:00 chicago time, 2:00 your time, stuart. gave the market volatility so i think a lot of your viewers and traders behind me liked it, but as far as what the fed was going to do, they seem confused. i don't think they'll raise rates anytime this year and anytime before the election because of that i think the market is going higher. it's not a good thing, but it is what it is. stuart: that's interesting, larry. you think it's going higher. what do you think, john layfield. i agree, they're five foot guys in ten feet of water. i think they missed, most porridge, they-- most importantly, they have unemployment as a measure and once they reach the measure, they still didn't raise rates. it's structural even though

they haven't said that. if it's structural you have to do something with the system. they're out of bullets and i don't think they know what they're doing. stuart: i don't think they know what they're doing, i agree with you entirely, john. stuart: take a look at wal-mart, they're putting store improvements and invested in their work force. we're told that it's paying off. ashley: a number of things have been aggressive, stu. revenue is just under $121 billion for 13 weeks, pretty impressive. on-line sales have grown by nearly 12%. they've added jet.com and it will boost as a rival to amazon prime. their smallest stores, they've tried to go to smaller neighborhood market type stores and those have done well. they've grown by 6 1/2% in the latest quarter. all in all, a very positive, and raising their outlook for the rest of the year. stuart: not bad. let's go on to target. forget the bathroom issue for minute.

they're struggling to sell apple products. they say that apple products were down more than 20% from this time last year and they were to blame for the overall plunge in electronic sales. john, what do you say with target in relation to apple sales? >> i own apple, but once they start giving dividends, you realize they're no longer a fast-growing tech company. target is having problems with same-store sales. the bathroom issue i don't think is a significant issue. i think the problem with tech and grocery sales inside of target is the issue going on in the store. stuart: we've got apple at 109 as we speak. okay, now, look at t-mobile, it says they're going to get rid of data plans. i'm not sure i understand that. >> you can't be locked into cash on data and now they're completely unlimited. talk, text, smart phone, standard video under one line, unlimited.

you can use as much as you want. stuart: that's interesting. good for me and any consumer, lowers revenues to the company and so the stock is down. ashley: that's it. stuart: good for me, bad for you. let's get to apple hit from all sides. they've got the new samsung galaxy note 7 getting rave reviews. ashley: yes. stuart: unlike the iphone, we're told you can get this thing wet. john, apple has been criticized, this is a key story. apple has been criticized for lack of innovation. is samsung now the apple killer or am i going too far? >> i think you're going too far. i don't think there's innovation. we've seen the innovation since unfortunately mr. jobs passed away. we've seen incremental evolution coming out of the company. i think that people are so tied into the apple products. most of the series that i watch is on itunes. i haven't bought a new ipad in a while, but i eventually will.

not much difference between the iphone 5 and 6, but people are tied to the products. stuart: john, before you go, yesterday i got myself a new iphone. i used to have the iphone 5 and now i've got the iphone 6 of. what's the difference? what's the difference? >> here is where samsung could take on apple. now google is allowiversion of facetime. only apple products give you facetime. now with knock-knock on android devices you can do what apple does. stuart: so knock-knock, i can speak face-to-face with somebody else on an android phone liz: if they want to pick up the phone. stuart: do i want a face-to-face? no, i want to text. answer at your own convenience. all right. let's get to the big board, we did open flat, slightly lower and now we're slightly higher. two points, that's it.

i want to get to oil, riding truly high this morning, that's helping drillers like marathon oil. oil right now is at $47 and big change. they're coming up on 47, 48 a barrel. remember briggs & stratton, they make small engines for snow blowers, that kind of thing, a weak outlook. let's get to cisco, that story, thousands of layoffs, not as many as we thought yesterday, but about 5500. nicole the story. nicole: that's 7% of the work force. they want to move more into cloud computing software, rather than hardware. they have a new ceo, chuck robbins who came on after john chambers handled that role for two decades. this is a bold move by robinson, he came on about a year ago. the stock is down 1 1/2% at 30.28.

of course, they laid off 6,000 plus in 2014 and prior to that as well, another 6,000, so the layoffs continue as they move to software from hardware and when you say cloud computing. that's the wave of the future for the tech companies. >> well said, well said. old line tech shedding jobs. thank you, very much indeed. show me oil for a second. okay? hold on the price of oil. it's 47.57 for our viewers and our satellite radio listeners. larry, come in, please. why this sudden spurt up in the price of oil when there's talk of a crude oil output freeze, it's going away. what have you got on this? >> yeah, it's a good question, stuart. i think what happened, you got a lot of people stuck short this morning. a lot of people warned over the $45 level and then the output freeze come out, a week or so, maybe a little longer ago and a lot of people got stuck short and now pushing to the 48 almost $49 level. i wouldn't be surprised to see

us trading well over $50. it's on the upside. the volume is picking up, another indicator the market will continue in the direction it's going. stuart: let's see if we get oil up, stocks up. i've got more on the oil story. venezuela, for example. the collapse continues. it's headed for the steepest drop in oil production in 14 years. the analysts are saying 2017. you can see oil prices going up. and venezuela's oil exports are going down. and that's since 2008. and that's in the oil pits. venezuela's slowing down, dialing down exports. will oil prices go up. halliburton and schlumberger have cut back operations in the country. and the other things with venezuela, the military is now seizing guns. it crushed 2000 guns in the town square of caracas and it's forcing the registry of bullets

and the military is full bore in venezuela controlling everything. stuart: what a story, all right, liz, thanks very much. you own at that story. and look at mcdonald's, they're removing the fitness trackers from happy meals, reports of rashes for young children. okay, those fitness trackers are gone and the stock is holding at 117. we're out of time for this particular section. didn't that go fast? >> very quick. stuart: what's going on? >> a lot of news. stuart: a lot of news, that's right. larry, john, thank you very much indeed. we appreciate you being with us. good stuff. to the big board, now we're down six points. i'm going to say it again, it's a flat opening. hillary clinton meeting with top police officials in new york city. remember donald trump declared himself the law and order candidate this week. is hillary clinton playing defense? we'll have that story for you. next. more towns in france banning these things. the burkini bathing suits from muslim women.

why? france says they're not compatible with france's values. ♪

>> all right. the price of stocks is dead flat this thursday morning. now this, real outrage on social media. a 12-year-old girl receiving death threats over pictures of a recent hunting safari. ashley: this is 12-year-old ariana and her father went to a trip in south africa, they shot a zebra and giraffe.

and she posted the picture of her with the giraffe and they got comments, not nice, killer, sick, animal hater. there were some death threats made against her saying she should meet the same fate a the poor animals, but they're not going to apologize for hunting. they say this was a bonding experience and those that love animals say, you can do other things to bond. stuart: my comment is this, i'm not going to shoot no giraffe, not going to shoot zebra, big game, don't want to do it, don't find it interesting. ashley: it was done perfectly legally and there are businesses that do that, no matter how much you don't like it liz: i would not. stuart: could you, ash. ashley: no liz: the bullying is wrong. ashley: cyberbullying. stuart: absolutely, but i'm not sure i would do that. all right. totally different subject. france's prime minister backs the ban in france or in parts of france on the burkini swimsuit. he says they're not compatible with french values and

represent the enslavement of women. and what does katie hopkins have to say on our program yesterday. >> they love this stuff. they love what france is doing. here, we've got muslim swimming events and they're shutting the pool, men only in peak times and then women are allowed to swim in burkinis, and christian women, no more british women are allowed in at all. it's craziness over here and i say go france, ban burkinis from the beach. stuart: you asked for the propose, she gave it. from the baptist church, in dallas, he's a trump supporter. what do you think about banning the burkini. >> after two weeks of hard investigative work, i'm happy to report there are no burkini's in hawaii so i want your viewers to rest assured to know that.

i mean, seriously, trying to eradicate radical islamic terrorism by banning burkinis is trying to treat cancer with aspirin. you're dealing with the symptoms rather than the root cause of the disease. what france and u.s. need to be doing is vetting immigrants, surveilling domestic terrorists stamping out isis rather than worrying about women's beach wear. stuart: do you think that it has a place in america? germany's chancellor says yes, there is a place for islam in germany, in europe, despite the problems that they've had with muslim immigration. >> well, of course, in a pluralistic society we allow people of all religions, but the problem with merkel is that she's refused to properly vet immigrants, i mean, in the last month you've had three migrant attacks on civilians. isis took credit for two of those and remember, angela merkel's counterpart in the u.s. is named hillary clinton.

she wants to increase syrian refugees by 550% when our officials tell us there is no way under heaven to properly vet those immigrants. that's what the problem is. stuart: yeah, and more of them should be christians, but that's another story entirely. >> that's right. stuart: donald trump seems to be staying on message after his two big speeches this week and last week. do you think he's going to be able to keep holding himself in and restraining himself and staying on message? >> yes, i do. i think the addition of steve ban nonand kelly anne conway will help him saying on message, the message being attacking hillary clinton. i've had people say to me, trump isn't this and trump is that. i said that may be true, but he's not hillary clinton and that needs to be the message of the trump campaign and i think it will be going forward. stuart: robert jeff ris, thank you for joining us, we appreciate it. >> thank you. stuart: breaking news, here we go. uber buying a company that

makes self-driving trucks. ashley: almost every day we have a story about self-driving something. this company is called auto. it's specializing in self-driving trucks. uber moved in and bought it. there's a tech team that's working with auto and they will be incorporated into uber. volvo did a deal with lending uber cars to be tested for self-driving pickup service eventually. this all seems to me to be picking up speed when it comes to the self-driving sector. stuart: yesterday, we had the ford story. and the pods coming out. >> five years they will be on the road liz: people get scared, oh, it's self-driving, 18-wheeler coming at me. there's an industrial use, rio tinto uses robot trucks between their mines. stuart: yes, they do. this is the international incident that everybody is talking about. u.s. swimmers detained in rio. there's a lot at stake here. millions of dollars in

endorsements, plus rio's reputation. we're right on this one. up next, samsung's new phone, $850. it's right there. after the break we'll chuck it into a bowl of water and see if it still works. we'll see. you do all this research on a perfect car,

then smash it into a tree. your insurance company raises your rates. maybe you should've done more research on them.

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>> this is a date a storage company. net app, it's making money, cutting costs and it's the best performer of all the 500 stocks in the s&p. it's up 14%. net app samsung's newest phone galaxy note 7, it's getting rave reviews, almost universally. we have a guest who gave it a superior rating, called it the big screen phone i'd buy. the analyst is the editor yan chief of tom's guide and he's here with us. he brought one of the fellas, two of the fellows. this one you've turned on and chucked in theware. >> it has water resistance. stuart: you hope, that's your phone. >> there it goes. >> in five feet of water. stuart: it's in about three inches of water, probably a minute. meanwhile, what's so good about the other one, the galaxy 7. >> so for what we like, it's the best big screen phone on the market. so you actually fire up, i'll show you video at that we took

with the camera there. this is 4k video footage. wow. stuart: that's pretty good. >> this is one of the best camerasen 0 the market, one of the best screens and they've found clever new uses for what they call the s-pen, you take this guy out and actually start writing notes, even on off screen, so like if i'm at the store, notes to self-. stuart: look at that, a list. >> that's right. and you can send them to a locked screen. what's on my list, that sort of thing. else what. >> you can unlock it with your eyes, it has a built-in iris scanner here. stuart: do it. >> do it now. [laughter] >> if i go out here. stuart: oops. >> see how it's looking for my eyes out here. unlocked. stuart: whoa, very cool. >> and these i think for the first time apple is on its heels in terms of what the iphone 7 launch and what they need to deliver.

usually it's samsung the one that's playing catchup. this time around i think that apple is the one that can prove that they're innovatin stuart: battery power. >> about 10 1/2 hours and t-mobile network at least two hours above the average and a lot better than the other phones. stuart: wait a second, i could buy one, use one on 10 1/2 hours and one charge, using video? >> ours searched the web over 4 g. lte, continuously on, like 50% brightness or so until the battery died. if you're using video and it's going to take longer, but this is impressive. stuart: 850? >> yes. the good news, if you go through t-mobile or something, you pay $32.50 a month. right now i'm paying $100 a month for wireless service, a fraction of that for the phone. stuart: take that thing out of the water. i can see it's on. polish that off. that's yours. >> i like the blue color.

there's a rumor that the iphone 7 will come in blue, but i like this. should be okay. stuart: it is okay. >> there you go. stuart: how is that? you're onto something. the galaxy 7 note and you love it. stuart: thanks for joining us, much obliged to you, sir. >> thank you. stuart: donald trump the law and order candidate staying on message. meanwhile, hillary clinton plans to meet with top police officials in new york today. looks like a response to trump's law and order candidacy, doesn't it? the latest on our olympian swimmers detained in rio. there is some question about their story about a robbery. will it cost them millions in endorsements? good question.

..

tree into donald trump has given himself a new name. mr. brexit. this requires some explanation.

brexit the entire british establishment vice president obama pushed hard for the braves to stay in europe. trump told family. they laughed. he sees a parallel with our election here. the establishment is united against them. same issues. immigration control of your country in destiny. same polling data and hoping for the same outcome. an upset win, another victory over the establishment. hence mr. brexit. he stayed on message. he's gone on the attack in a less provocative fashion and hillary is now playing defense. hence mr. brexit. the second hour of "varney & company" is about to begin. stuart: we'll get to politics and money in a moment.

we begin with california. devastating wildfires continue to raise like that. stuart: 82,000 rescue. these are mass evacuations hitting with such intensity and ferocity that a local fire commanders are saying it's only 4% in pain. there is another issue. the majority of the power infrastructures raging around. the infrastructure passes through so there is worry now about power outages in l.a. and regions around this. they are really having serious trouble trying to contain it. stuart: did you tell us earlier they were backing of cargo deliveries at the cargo flow of long beach because of this 60 miles away. liz: long beach port is of vital port from goods in the united states. they are now saying we have to push back on except in cargo cause of this fire that they are really struggling and battling to control.

stuart: that is when disaster. let's move to another. the red cross calling the country's first natural disasters since hurricane cindy. ashley: a whole different problem. the latest death toll at 13 people now reported dead as a result of the flooding. 40,000 homes damaged. 6.9 gallons of rain fall between august 8th and august 14th. think about that. 6.9 gallons. so if you think about to 30 inches of rain trillion. 6.9 trillion. while some places see the waters go down in some places further down the river, and this is not over because they are still moving higher in some areas. as far as the eye can see it's

underwater. 10 minutes from now we bring you the story of three children under the age of five, their home under five feet of water. some personal tragic stories for you a little later in the program. on your screen at the bottom there, the market-rate coming in at 3.43. dream four yeah, turn down from last week. now saying it could stay below 4%. for next year as well they're forecasting they have a big mortgage origination on fire in four years. $2 trillion for a fragment of the year. really strong home sales, house prices low. stuart: 3.43. plaster was 12.5. stuart: u.k. 16?

ashley: yeah, thought it was a steal. stuart: stock of the day, wal-mart is such a 15 month high. better profits looking into the features into the future scene the future seen it is pretty bright and checked o, as well as helping. up $74 a share. cisco laying off 5500 workers. not as many as we fight yesterday and the stock is down about or about holding a $30 a share in cisco. t-mobile, very interesting news getting rid data plans. in other words, no limits. the stock is. very good news for consumers and the stock is up to. don't forget oil. we are told that it's heading towards $50 a barrel. that was a prediction earlier in the show. that is helping the market which would otherwise have been down significantly as now by two points. let's get to politics. donald trump has given himself a new name. mr. brexit.

there is a parallel with the british exit out and the election here. watch this. >> donald trump has a prediction for november. he's going to shock the pollsters. now we see this in the united states. >> i think i will be called mr. brexit 10. the tree into senior adviser, boris epstein, welcome to the show. i was a little clip from an interview that donald trump did. he's trying to say it's a parallel. the establishment of a solid incense they got to stay in europe. he thinks there is a parallel here. >> there's also another parallel. the polling showed in britain it would not have been. they over performed like donald trump did in the primary. that's another parallel. stuart: which side of the fence are you on?

the talking about donald trump's performance. a lot of people want the old trunk. they want him unleashed. they want to touch on. a lot of people also want to rein himself in. with that of the fence are you on? >> would've had this conversation for a long time. >> it's been a conversation for a while. the speech back in the spring you seem donald trump on the teleprompter with of course som. he will continue to see a whole mix. he's not going to change it. people don't believe him. he's going to be who he is. he got very he got various he got very a spicy enough essay. he's going to have these great policies reaches late monday and tuesday. by the way, the tuesday speech was an issue of inner-city

violence, inner-city destruction. the economic situation that neither republican would've talked about in ages. it was groundbreaking. stuart: if he's unleashed in the future, you know he stands a good chance of being jumped on by the media and he could suffer in the photo a jump on anything they can find. stuart: he's given them a lot of ammunition. elections than a politician for a year and a month. everything a politician. he was the experience of running for president. it happened a long time ago. the candidate is focused on expansion yesterday is great news. very experienced with politics than someone who's very successful. i feel good every week, but particularly great this week. stuart: good response. let's get to the olympics. this morning we woke up to an

international incident whether you like it or not. it may be about servers in the event exceeded this is an international and. three american swimmers are being held in brazil. two of them were taken off a flight home last night. the authorities want to know more about the alleged robbery. ryan lochte already in the states. samara holder of sports court. what do you make of this? let's get a little background here. they started on sunday morning when a reporter called a lie and lochte mom and she said by the way my son was last night. what's this all about? he starts to talk about an alleged robbery. the story changes. they are coming back to rio. this isn't good. >> no, it's shady. that's what it is.

it started at 7:00 in the morning. let's talk about the facts. >> 7:00 and minus when they came back. >> famous video. let's forget who this is about. you show up at 7:00 in the morning. anybody partying in ranking in having a good time are usually coming back maybe 2:00, 3:00 before in the morning at the latest. as a criminal defense attorney who's heard every story in the world, these guys in my opinion, what it looks like can do to get some inappropriate behavior that probably maybe involve the purchase of cocaine. stuart: you can't regulate him not. ashley: date track down they tracked down the taxi drivers under the question very close to it. stuart: they've admitted to being drunk. >> ... are today. on top of that there was a

report that came out that there is gas station video of a fight of them breaking down the door and having a fight with a security guard at the gas station. stuart: all of that is not good. i'm just astonished at how this has taken over the media. ashley: distractions away from the games. stuart: the brazilians are being trashed, sometimes right way. liz: in their defense they try so hard and i had a pool that turns green because the algae or whatever, but they really tried hard and people have been scared for security and what not. to accuse the police are people acting like the police that did this come about with the allegation that upset the authorities. liz: they ought a gun to his

head and that did not then. stuart: it is a mass. the whole thing detracts from the brilliance of the athletes amassereal shame. thanks very much for joining us, young lady. we appreciate it. new details emerging about the obama administration's $400 million payment in cash to iran. "the wall street journal" says u.s. officials held that cargo plane carrying the cash until the very moment when iran released the three american hostages and let them come home. coincidence or ransom. we'll discuss that in the next hour of "varney & company." next, personal stories from the dreadful flooding in louisiana. 20,000 people here, but out of their homes. many of them now homeless.

stuart: historic floods in louisiana. dozens of homes gone. dozens of people homeless. combine an author and speaker

with knowledge of louisiana. welcome to the program. i like it or bring home to our viewers the full extent of this disaster and tell us first of all the three young children that you know evacuated twice. go. >> right, this is a tremendous disaster. i have a friend as a father to three young kids under the age of war, for girls, 2-year-old, five -month-old horse to evacuate their home. at that point the water was two streets away when he returned for the patsy was knee deep in his alcohol and water and eventually they took on five feet of water in the house where they evacuated two, which was his wife's grandmother's house over the evening that took on three inches as well and people don't have anhee to go. the extent of devastation is so massive right now. i've heard of families with newborns and a six -day-old babies in both trying to find a place to stay. there's incredible name.

it's tremendous. stuart: we've got an aerial shot. i don't know whether you can see them come aerial shot of the state and the extent of this flooding is truly shocking. it goes on for miles and miles and miles. we have heard of a big extended family, aunts, uncles, grandparents all about, love lost 13 homes. more stories like that. >> i think it's important that we as a nation humanize what is happening. over 20 parishes affected by the flooding. in some places over 30 inches of rain in 48 hours. this is no disaster that was like a hurricane and people could prepare for. people woke up with water at their doorsteps. the extent of the damage has been unfathomable. for an aerial shot. cities underwater.

stuart: there's wrestling going on there, but i want to stick with this because this is important. how long do you estimate this water will take to get out of there? >> there some areas that are still training. there's some people still needing to be rescued. this is going to be something that will take months if not years for southeast louisiana to recover from. the people of southeast louisiana are strong. you have groups called vacation may be. men coming in, thousands of men with drugs, flat bottomed boats. they are hard-working people. this problem is bigger than let their own hands and feet can handle. stuart: thank you very much on a difficult day in difficult time. >> thank you for having me on. stuart: stocks that do not largely because we've got a real

big powerful rally in the price of oil. on the bottom left-hand corner of your screen. watch that number at 88 cents. 47.67 is important as oil goes up. the stock market will go up or two. now we've got video from turkey. this shows you what happened right after a terrorist bomber struck. the full video coming up shortly. hillary clinton's pick for vice president, tim kaine, once criticized bill clinton's same bill should have resigned after the lewinsky scandal. now awkwardly backtracking. more "varney" after this. you can run an errand. (music playing) ♪ push it real good... (announcer vo) or you can take a joyride. bye bye, errands, we sing out loud here. siriusxm. road happy.

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at 4.18577. this is a car bomb that hit in eastern view. the video taken after the bomb exploded. you can see the smoke. you are about to see some flames as well. that is the immediate aftermath of the bomb. three dead, 100 injured. liz: now the death toll at seven dead, 224 injured. two bombs within 12 hours apart were targeting police officers. some 20 police officers were injured and a third attack on a military convoy in southeastern turkey. this is a pkk, a kurdish separatist group that has been battling the turkish government. it seems that the bombings in rkey are stepping up after the coup attempt a month ago and this jeopardizes turkey's admission into the e.u. this is an unstable situation escalating by the day. stuart: i think as worthy of our reportage because it's an

important situation. turkey in the middle of the destabilized three bombs, three attacks today at various times. hardly david simmons violating the clean air act. the stock is down 7%. liz: harley davidson, the u.s. government filings to say that violating the clean air act comic using harley davidson is selling motorcycles who cheat on emissions test similar to what volkswagen was accused of. now the government, the epa in the background going after harley david been in a big way. train to down 7%. let's get to the election. hillary's running mate, tim kaine, once said cheating politicians should resign and i would include bill clinton. here is the quote from 2002. if the allegations are true, you should definitely resign.

that is an intolerable way to treat women and not something that they should be dragged through. king was asked about those comments in an interview with a local station in iowa. the sin of this. roll tape. >> i had some kind of disappointment back then. that is now 20 years old. was it really not the time and now i think about what we do to help this country be strong. the past controversies don't have anything to do with that question. stuart: what a way to treat women. that was 20 years ago. ashley: today it's okay. this is not appropriate, but beneath the dignity of the office. but apparently it's okay now. it is interesting he also says that the support the impeachment effort but clearly he's walking back to comments from 20 years ago. he was clear at the time when hf then-president bill clinton. stuart: you must not elect donald tmp.

liz: with women voters, too. hillary clinton is going right after donald trump on the tax plan. she says that trump gets rid of the estate tax is not that he proposes, it would save trumps family $4 billion. we've got more on that one. check this out. this is the world's largest aircraft if you can call it that. the air land or 10. 302 feet long. tree ashley: you know what they call it in the u.k.? the flying. stuart: as i was saying, 1.3 cubic feet of helium could reach 16,000 feet used for surveillance communications or humanitarian missions. ♪

stuart: troubling developments on the u.s. swimmers who are now being held in rio. this is becoming known as the sub item today. ashley: these very swimmers glide. they use the word lie. ryan sat three others lied about being robbed at gunpoint to cover up a brawl that they had with a gas station security guard. abc reported there is video. they have video that shows at least one of the swimmers fighting with the security guard at another one of the americans breaking down a bathroom door during this brawl that is seen on videotape.

we are expecting to hear more from authorities in brazil today. that is even reported. stuart:.it's a disaster. a disaster for the swimmers, a disaster for the american team and it's vindication for brazilians. that's what it is. ashley: will continue to see what comes out. stuart: the dow industrial average up to point. this is a go nowhere market. the price of oil up nearly 4765 where it is now hoping the stock market. target down some more spending $20 million to a private customer bathrooms. this is all about the transgendered flap. the chart target stock is down 15% since it announced that bathroom policy back in april. they may be a connection to target and other troubles too. back to oil. i oil stocks. what's that?

ashley: analysts say oil is going to search almost 50% are now through next june to 69 bucks a barrel. the following production over the coming months is going to start to become strong and they say it's going to create a bigger supply demand deficit in almost six years. there you go. he let up now and try and story. stuart: to the election. hillary clinton's claim in donald trump's tax plan. watch this. >> by contrast if you look at what trump is proposing and how he wants to get huge tax breaks to people who are wealthy and i can, it would cost our economy 3.4 million jobs. this is not me saying it. this is an independent analysis

saying that it is try to look at both of us very object of late. stuart: guy was an interesting statement. she was quoting the moody study author by mark stand the economist. liz: how can you say objective when you're not talking about government spending? to small businesses here. take it away and give it to the government. why not cut government spending first before you go after people. stuart: the estate tax which donald trump wants to get rid of the estate tax. hillary clinton did you do that in donald trump's family benefit. liz: combine. that is so misleading to how this damages small businesses and farms across the country. stuart: if you are unfortunate enough to run a small biz has come a farm for example and you die without a will, you are really up a creek because the government will take you.

liz: they know better what to do with that video. stuart: trump economic adviser peter navarro helped write the trump plan. we just heard hillary clinton saying it is your plan and you helped write it goes into effect, we will lose 3.4 million jobs. i know you wrote this study so i know you're going to disagree with this. tell us why is hillary ron. >> well, as my good friend will provide that it's bad enough to die, there shouldn't be a fine associated with it. especially because the find files on the most important creator of jobs in the country, which is the small businesses. a lot of times when you have the estate tax go into effect, you have to basically fell off your business or squeeze your working capital. if you are a farm family, you have to sell some of your farmland. to me, this is like a classic

difference between the two candidates. hillary, the kind of robin hood marxian wing of the democratic party. they want to tax capital, redistribute the income or increase government spending. trump is just the opposite. he thinks if you cut taxes on capital that will spur renovation and growth. in terms of economics, he is right. it's a classic equity efficiency trade-off. it sounds good today to tax the rich, tax capital, redistribute the money. what happens over time as you depress the rate of capital formation in capital formation in mind that having less growth and less well than last jobs. this is class warfare. and might be that politics were hillary and burn it, but it's really bad economics. stuart: and hillary statement if your plan to you helped write loses 3.4 million jobs, tell her writing why you think she's

wrong. >> well, this is a battle of models. for example, the tax foundation came out with a study that said hillary's tax plan will reduce economic growth by one gdp point basically cut it in half and cut 300,000 jobs. what our models are showing us we will have a tremendous amount of growth and jobs and tax revenues. what these models start doing this as important as they don't look at the plan in totality. energy policy, regulatory policy and trade policy work synergistically with the tax policy to double or growth rates and spur like reagan did in the 80s. nice to talk about policy. stuart: it's about growth, 4%. we wanted. >> capital formation. stuart: thanks for joining off is always. we appreciate it. hillary is meaningless line for leaders in new york city today. donald trump says she is against

the police. hillary clinton would rather protect the offender then the vet them. from arizona, sheriff paul joins us. >> dave stuart. stuart: do you think she's come under attack as people think she is anti-police? >> absolutely. i think what has happened over this past eight years with iraq obama, certainly we have seen not just no support for police, but an actual rush to judgment, to always portray our heroes in line for an soa is enforcing the law i color, by race, which couldn't be further from the truth. hillary clinton has encouraged that. you saw beauty and the when she had her convention, when you see this whole narrative that continues to put the focus on law enforced in officers and

making mistakes and behaving badly and enforcing according to raise instead of supporting us. we have a tough enough job and instead of cheering on the al sharpton race baiters of our country that tell absolute lies with the intent, don't shoot. that never happened. hillary clinton encourages that instead of supporting our heroes in law enforcement. stuart: there is something i want to check with you. nothing to do with line for his name. in your county, next year it is quite possible that you will be the only county in the whole country with no obamacare health insurance plan for in these exchanges. is that accurate? >> yes, pinal county arizona is larger to geographically. 5400 square miles than this shows the actual vulnerabilities

in the affordable care or obamacare because there are no options. this health care providers are leaving the market because of the severe losses. they can't compete. this is where when the government interferes in premarket, when the government interferes between a doctor and the patient, this is what happens and the government should not involved in this. we are seeing that it's failing all across america and its not even going to be offered in my county. this tax and the penalties will be bare, yet there is no affordable care for anyone. trade true you are a sheriff and now you're an obamacare watcher. a health care asked her. sheriff paul, gigantic. when you come from europe come they're always astonished at the sides of america. you just shocked me. thanks for joining us. we'll see you again real soon. how about cisco. that is the old-line, all tech

company trying to realign it felt like enough 5500 workers and those are likely just the beginning of the pink slips coming in silicon valley. nicole, what is this all about? >> that's right. the pink slips continue. you mention old-school tack and that's what we are talking about. not only the system, but so many of the others including hewlett-packard, intel and the like. i will explain what i'm saying here is these tech come in is our most hardware had to reinvent themselves, moving the software and layoffs. this screen talking about job cuts. 80,000 hewlett-packard, 10,000 invalid and the truth of the matter is challengers over 18 months have noted we've lost over 100,000 jobs in tackle loan and for the jobs added last month, just 8000 were actually in computer-related companies.

just the way that the future and the cloud and software. stuart: that is fascinating. that's an untold story. that is good. nicole, thank you indeed. two politics, donald trump, new evidence that independent voters seem to be warning to him again. that is the opposite of what is happening with hillary clinton. we will explain this one. germany's angela merkel says islam belongs in germany. this syrian migrant or not optimal for a spike in terror. a warning before we show the next video, if that picture that sums up the humanitarian crisis in the area. that is a boy and a lot though shocked, covered in dust. the story behind that picture is coming up.

ashley: you remember "varney & company" starts at 9:00 a.m. eastern. this is what you missed last half hour. samsung's new waterproof phone. >> this has water resistance. stuart: you hope. that's your phone. it's been about three inches of water probably about a minute. meanwhile, what's so good about the other one, the galaxy seven? >> so far what we really bike that is the best big-screen phone on the market. if you fire it up, i'll show you some video we took with this camera.

this is four k. stuart good. >> one of the best cameras on the market with one of the best screens.

stuart: chancellor angela merkel is back in the news this morning. i'm sure, what did she say now? ashley: basically the refugees, the migrants are not bringing terrorism to germany. she was speaking at a rally for herself near berlin. there has been a state of attacks on civilians across europe and germany. two of those claimed by isis. the phenomenon of islamic terrorism or islam estate is not a phenomenon. this comes to us with the refugees. a delay, 52% of germans do not approve of angela merkel's immigration policy. stuart: she's in political trouble. i want to issue a warning. we will show you some images that some may find distressing and disturbing coming out of syria. here we go. we will show it to you now. a local boy covered head to toe in dust. he was injured. he was pulled from the rubble

and a lot though. liz: in military strike had he sits there, identified as 5-year-old tack niche. this figure is reverberating and basically causing distress around the world. he is sitting quietly. he has a head wound. he is done. he's covered in dust. he's rescued from a destroyed till then after the airstrike. he was taken to the hospital, release, treated for his head wound. his family has also survived this attack. news crossing, russia has the ear to have agreed to a temporary cease-fire for 48 hours to get aid into that area. stuart: the russian allied with assad who are bombing aleppo and trying to get in there. the bad guys. liz: that's exactly right. stuart: donald trump is staying on message.

early on the program we showed you these dials. audience reaction to an donald trump is speaking. what we showed you earlier with independents warming this week to trump's message. we've got another video to show you. this is one where independents are clearly opposed to hillary clinton. remember the yellow line represents the independents. roll tape. >> when donald trump speaks, he speaks about fear. he speaks about such negativity in such pessimism. and then i watch the olympics and it's exactly the opposite. you have people going now, doing their best every day to get prepared to compete and that is what we are going to do in america. stuart: up until this week, if you looked at the very similar videotapes, the yellow line, the

independents were always close to the blue line, which is the democrats. in other words, the independents until this week were moving against donald trump. now they seem to be moving with dominican hillary. the "washtington examiner" byron york is with us. seems like he's made a pretty good start to a very new week. >> well, he has. he gave a well-received beach on monday in ohio about radical islamic terrorism and really kind of surprised and people on tuesday night and gave a very well-received speech and was conned then on urban crime and appeal for black votes. so he's actually had a pretty good week. there's been so much attention to just the process of things, to a shakeup in his campaign. he's going to give a speech tonight in north carolina. a lot of people will be looking at that insane as this the old freeform trump or is this going to be the more discipline trump

we saw in the last is peaches. stuart: very good point. i get the impression this week hillary clinton has moved to the defensive position. she's meeting today with police chiefs trying to reestablish a position where she's not anti-police. she is responded to the scandals. i get the impression she's playing defense and on a trump is stabilized and maybe moving up with more attacks. i am trying to say that maybe this week is a pivotal week in politics in this election. >> we never know. the fact is donald trump has been behind in 22 against national polls and the politics average. he had a pretty good week in june or july and it's been downhill since then. i may say one thing about that clip you just played with independent voters. hillary clinton was same trump is so pessimistic and that is not who we are.

one of the reasons a lot of people believe the polls will eventually get much closer are whatever the news of the day as. these underlying fact reason the election, which is economic growth, peoples personal income, the percentage of people who feel the country is on the wrong track. all of those things are bad for clinton and good for trump. they do ultimately reassert themselves when voters make a decision about who to elect. stuart: remember early october 1980, ronald reagan was behind in the polls. jimmy carter was in front four weeks later than fight for reagan. there you have it. i'm not going to ask you for your predictions. >> trump is in a bad cold now. absolutely no doubt and no one has come back from this kind of deficit after the convention to actually win. there had been big changes in polls that you are referring to. there had been big changes and

we don't know what will happen if trump stops shooting himself in the foot. he has not been capable of doing not. but if he were. stuart: we always appreciate your daily coverage. that's great stuff. thanks for being with us. check the big word. this is not a rally. we're up seven points. 18581. donald trump now calling himself a new name. mr. brexit. here's a question. what should hillary call herself? first base. heather mills x has been, that would be a beatle treating this picture up with hillary clinton simply saying she is with me. ♪ ♪

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accusing harley-davidson. hogg is the symbol by accusing them of violating the clean air act. the stock down 1%. let's take a look at this or producer christine on what is coming up at the top of the hour. here is what we have. we are going to trump national oaks person kaa pearson at donald new nickname is mr. brexit. then, what should hillary's new nickname beat? the mayor of the city of israel unlikely vote should go to trump. we are going to ask father jonathan morris about the growing movement to ban bikinis on beaches in france. pastor robert jeffers on this very same topic last hour. >> trying to eradicate radical islamic terrorism by banning bikinis is like trying to treat cancer. you are dealing with the symptoms rather than the root cause of the disease. they need to serve ale domestic terrorists, rather than worrying about women's each weather.

-- beachwear.

..

stuart: good morning. we are seeing the full scope of the louisiana flooding disaster. california, a fire zone disaster and rio, a pr disaster, so does the american swim team. as usual it is the news breaking thick and fast. we are starting with a new look at the presidential campaign, trump on the attack, hillary playing defense, nobody could say this week what was he thinking? trump stayed on prompter, on message, focused on issues, nd his campaign staff and calling himself mister brexit, that is a shift and a shift for hillary. and she is trying to show she is not anti-police.

she meets with several police chiefs in new york city. "varney and company" about to begin. first of all check stocks, back at 18,600, modest rally going on, the price of oil going straight up, it is up $1.13, close to $38 a barrel, stocks up, that is the relationship, back to that. the government, this will be a big story, the government accuses harley-davidson of violating the clean air act. about a half hour ago that stock was down 7%. now it is down 0.5%. don't know what happened in between, the government accuses him of messing around with the clean air act. it was down, now it is almost

flat. we will get it. target struggling to sell apple products, it says apple product sales were down 20% from this time last year and we are to blame for a third of the plunge electronic sales, the stock is down, the drop yesterday, apple, 109 at this point, stable. walmart sought improvements and workforce investment apparently paying off, stock is $74 a share. liz: harley-davidson reached a settlement, $12 million, spend $3 million on air pollution, reaching a settlement with doj. of the one now you know the cost. the dollar number is there. now -- okay. let's get to donald trump, he

calls himself mister brexit, he tweeted it after saying it on fox and friends. katrina pearson is here. welcome back to the show. >> great to be here. stuart: if that is donald trump's new name for himself does he have a new name for hillary clinton? >> i don't have a new name for hillary clinton today but i'm sure donald trump will come up for one very soon but he is right about being like brexit. we saw the polls, we are not in his favor and the people on the ground are extremely upset with the way and the direction their country was going and wanted massive change. stuart: will he call himself mister brexit? he used that this morning on fox and friends and in an interview, will he do it all the time? >> he may reference that because we do know 70% of the company feel we are on the wrong track and even though the polls are reflecting hillary clinton having a lead in some states we don't feel that is reflective of what is on the ground. there are several hundred

thousands, maybe millions of brand-new voters turning out for mister trump. stuart: the new guy on the team has a reputation of being rough and tough, he wants a tough donald trump, he wants the old donald trump, he is a streetfighting guy. he will drag them off message, drag him away from the teleprompter, the script, let trump be trump, that is who he is? >> not at all. he will see the opposite, you will see more teleprompter prepared remarks. stuart: why? >> mister trump wants to give substantive details and arguments and when he is out with his crowd at his rallies, he is feeding off the energy and goes off-the-cuff sometimes. he wants to be serious with voters and get his policies out there. for the last couple weeks it has been trump against the world

including the mainstream media and it is time to get past that and to do that, specifics on what he wants to do to make america great again out to the public past the mainstream media and their interpretation. stuart: that is interesting coming from you because he has admitted to himself that the way he was going especially in the primaries won't work in the general. he admitted that to himself. >> i don't know if it is not going to work but more specifics is very helpful and we s tens of thousands of people hearings mister trump and engaging with him in a daily basis at all his rallies. it is working and getting past the media but time to get specific, enduring hundreds of millions of dollars of negative ads, and now you will see mister trump himself saying what his policies are without the media filter or pundits trying to interpret policies for him. stuart: we shall be watching, thank you very much for joining

us. much obliged. ashley: is mister brexit mrs. taxit? >> totally inspired. you guys are good. stuart: thank you very much. we are staying with hillary clinton, today she meets with law enforcement officials in new york city, some big city police chiefs will be here. monica crowley washington times online opinion editor is with us. i think hillary clinton is now playing defense because law and order trump has gone after her with conditions in the inner-city that her position of being anti-police to reestablish that is the wrong view of her. >> this is a brilliant move by donald trump, he has given three extraordinary speeches, two a

national security and most recent speech which was the best one ever given online and order, these are cornerstones of his presidential campaign. if he continues staying on offense, hitting the obama legacy, hitting mrs. clinton's role in them, left-wing democratic liberal policies that have gotten the country to this point, 70% of the american people believe the country is on the wrong track, if he stays on those messages and offense, he is forcing her to reckon with the record of the last eight years of which she was a significant part going back to the original clinton presidency in the 1990s that set the stage for all this, it will be a great advantage. stuart: he will stick with this, viewers want -- they will get

it. >> a number of police officers targeted assassinated, we have seen the black lives matter movement, a lot of inner cities and elsewhere, donald trump coming forward almost in a nixon like way in 1968 saying we had enough left chaos in this country i will restore law and order, restore -- the great silent majority is responding to that today the way they did in 1968. stuart: we heard the black lives matter movement has taken in $33 million from high end hillary clinton donors like george soros. 33 million. >> anybody who thinks these movements on the left are organic that should wake them up. occupy wall street, black lives matter, none of them have been organic. they are subsidized and planned by the left. stuart: i got to bring up the olympics because new

developments, this is a major international incident becoming a reality here involving swimmers. there are reports that the swimmers may have lied to police. ashley: the infamous authorities. that is reported by quite a few news analysts, lied to cover up a fight they got involved in allegedly in a gas station where they got into a fight with police officers. video of the scene shows americans breaking down or kicking down the bathroom door, they have paid for the damage in that incident. but lying to the police, saying the state department has fully engaged in this case providing updates to the white house. this has gone from one to another. there is a quote from a real games organizer saying these kids were under tremendous

pressure, they made a mistake, give them a break. that is what it appears. stuart: the whole story is made up. stuart: brazilians are outraged and rightly so, they have been dragged into the dirt. the breaking news on harley-davidson, they settled with us regulators, the department of justice, violation of the clean air act, $12 million as a fine, $3 million to fix the problem, stock was down 6%, it has come back to virtually dead even, down $.30. louisiana, 13 dead in the historic flooding, 30,000 plucked out of their homes and rescued, 70,000 registered for federal disaster relief. this could be the biggest housing crunch since katrina. southern california wildfires have grown 25,000 acres threatening thousands of homes.

one fire officials is a lot of families will come home to nothing. the worst of the wildfire season is still to come, september, october. 82,000 people have been forced from their homes by the fire you are looking at in southern california. donald trump embracing the name mister brexit comparing the corruption in america to the uk, their vote to leave the european union. after the break the man who says trump is the alternative to corruption. >> the world is changing, we saw brexit and we are seeing this in the united states. >> i will be called mister brexit.

>> donald trump has a prediction for november. he is going to shock the pollsters. >> we are seeing this in the united states. >> i will be called mister brexit. stuart: that is the new name for himself. charles hurt is with us. you have an article, trump still the only alternative to establishment corruption. i see a parallel here. the vote in britain was antiestablishment, trump, the election here antiestablishment and that is what you are writing about. there is a parallel. >> there absolutely is. it is so easy to look at the polls showing donald trump is behind the deluge of negative stories, wall-to-wall coverage, he is not only running against a very powerful democratic component but the establishment of both parties, running against the media, the left-wing media, the right-wing media, the mainstream media, absolutely everybody and if you are a trump

supporter, a good reason for people to feel sort of desperate right now. he is running outside in apps outsiders are willing, outsiders are toppling the establishment. we saw it in the primary with trump, we almost side in the democratic primary, and hillary clinton will win it. donald trump has a real shot at it. stuart: the british vote to stay or leave europe, the entire establishment including president obama saying you got to stay in europe. and they voted to leave by a substantial margin, the same thing you are saying could happen here. the establishment wildly opposed to donald trump and he is behind in the polls and he thinks he

will be mister brexit and pull something out of the hatch on november 18th. >> just like we saw with the brexit vote you have all the expert saying there is no way donald trump can win this, the race is over, go away, do you ever remember a us political election for president where it was determined in august? no one is paying attention right now. once people get back from vacation and focus on this, and the general election gets underway in full force, we have a real heat here. you live in the dc area. >> any dinner parties these days? >> fewer and fewer. this is a crazy election. come and the is again real soon, appreciate you being here.

stuart: this is anheuser-busch. and they are sending 250,000 hands of water to the flood victims in louisiana. good move, they did the same thing with katrina if i'm not mistaken. in that flood in the wheezy anna thousands have been displaced. this is southern louisiana getting a foot of rain, they got 30 inches since last friday. 40,000 homes damaged. when you are damaged in a flood that is serious, the worst national disaster the red cross has seen since superstorm sandy in 12, three weeks before water floods away and goes back to the gulf of mexico. there are heartbreaking images that of come from this flooding. people are tying caskets and they tied a casket to a tree to make sure didn't float away in floodwaters. it is a sad story. more varney in a moment.

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stuart: we have been telling you about the disastrous historic flooding in louisiana. casey stengel is with us in southern louisiana. what is this? more rain today? >> a little bit of rain in the forecast, not so much of a concern because the sun is shining and things have receded in many of the communities was the concern would be down south. all of the floodwaters have receded into the bayou, and a handful of evacuations ordered, 90 miles or so to the south of where i am standing. lots and lots of people are in recovery mode moving everything out of their houses and ripping the carpeting, the drywall,

everything down to the studs. it is an arduous task when you consider the governor says 40,000 homes across the state have been influenced in some form or fashion. the fema director has been here today, secretary for the department of homeland security jay johnson will be on the ground here but i got to say we talked to a lot of people, editorials in the local newspapers, a lot of people would like to see president obama make a trip to louisiana and return from vacation. stuart: we hear you loud and clear. thanks very much. i have a question for you. how many of those homeowners have insurance? liz: only a quarter of them. there are 2 million, federal flood insurance, we don't know if they had homeowners, many can't afford the policies. there are 2 million units, only a quarter of them had federal flood insurance policies.

what can those people do? apply for a fema grant. stuart: if you have insurance, you get adaptable and rates go up in the future because it made a claim now. to the markets please, we are up a tiny fraction, 14 points, 50/50 on the dow 30, 15 up, 15 down, look at oil, following this closely because that is going up close to $48 a barrel. we were expecting a bump for stock prices. the ashley webster ratio in play today. a little weak, we are working on it. the former mayor of shiloh says anyone who is a friend of his real needs to work for donald trump. france's prime minister backing the ban on bikinis worn by muslim women. they are not compatible with french culture. father jonathan morris is here.

what does he say about that? listen to katie hopkins. >> craziness over here. been bikinis from the beach.

stuart: the story everybody is talking about, the ryan lochte incident in brazil. we are getting the full story.

ashley: a brazilian police officers, swimmers show up drunk at a police station, he goes to the bathroom door, it is locked, other swimmers come over, forced to break the door down, security guard has a pistol. according to brazilian police officials, never pulled it out of pointed it at them, demanded they pay for the damage, big argument erupts, they pay cash to pay for the damage and that was the story. stuart: came back to the village. stuart: and said they were robbed at gunpoint and ryan lochte said he had a gun put to his for head and told to lie down on the ground by two robbers dressed as police officers. stuart: dreadful publicity that is publicity and a dreadful mess. liz: it could threaten their endorsement. stuart: thanks. politics, our next guest says anyone who is a friend of israel needs to vote for donald trump. david rubin is the former mayor

of shiloh in israel. why do you say that you are a friend of israel, vote for trump? >> the reason is very simple, trump stand with israel when it comes to israel's capital building and his relapse capital -- permits for israelis to build in his relapse designated capital, hillary clinton is against, he is in favor of his real giving permits for building in judea and samaria the west bank, which is real is close to claiming sovereignty over. hillary clinton is against. hillary clinton has ties to large muslim donors from foreign countries, saudi arabia, kuwait. all giving heavily to hillary clinton who is beholden to them. she cannot be objective in her dealings in the middle east. stuart: you made your case.

anyone who is a friend of israel, vote for trump. why is it that 70% of jewish people in america will vote and always have voted for democrats? >> amerin jews, you have to look at their history, they have historically been democrats from the time they came here as immigrants to the united states stuart: you layout a strong case for voting for trump, probably won't make much difference to jewish people in america and their vote. >> those jewish people who really hold his real up there in their list of priorities and issues most important to them will vote for trump. stuart: 70% of american jews don't have is real as a priority? it is not up there on their list? >> not up there with abortion and praying in public schools and all those issues.

american jews tends to be very secular. 70% of american jews that are very secular do tend to vote democratic. the 15% or so that are the more religious jews go republican in most cases. stuart: you don't see this changing in this election. >> there might be a slight shift because the american jewish community has become more orthodox. of the what is that true? i am not aware of that. that has happened? >> that is a clear trend in the american jewish community. sociologists have studied this and there is that trend. the majority of american jewish community that has become more secular but the fastest growing population is orthodox. stuart: if asked, would you appear with donald trump and urged jewish voters to vote for him? if you were asked to do that would you do it?

>> i absolutely would. anyone any plans to do that? >> you have to ask donald about that. >> he is 300 yards up the road. thank you for coming back to us. we appreciate your input. thank you very much. i have got to move on to on the merkel who says she just said this. what you are seeing now is the hostages getting off the plane in geneva. that is a different and separate story. i want to go to angela merkel in germany. she says there is a place for islam in germany. the influx in refugees have not brought additional terrorism to germany. that is what she said. we have with us father jonathan morris, angela merkel, two issues here, islam has a place in germany and the prime

minister of france says band the burkini. what do you make of that? >> religious freedom if we defend religious freedom it goes both ways. you can't say i want religious freedom for jews and catholics and christians but not for muslims. that is not religious freedom. that is banning one religion. if i say catholic nuns should be able to swim in their habits, then muslim women should be able to swim in their, what do they call them,urkinis. that is the reality. it goes both ways. stuart: we have this freedoms and they are enshrined in the constitution. france doesn't have a constitution like ours. >> those rights are human rights, the come from god, not any constitutional law. any human being can come to understand that very simply, every human being created

equally should have equal rights, france is making a mistake, not long ago they banned people from wearing crucifixes acrosses in public buildings, schools, that is something we would not put up with and we shouldn't. stuart: the burkini been on one beach in particular in corsica came after a huge brawl on the beach, apparently there were muslim women in the burkinis on the beach, some tourists tried to take pictures of them. people with the burkini wearers took exception, shoved and pushed the tourists away, the locals joined in. the local mayor says wait a minute, this is provocative. we can't have this disorderly conduct because of what people are wearing. >> your provoking people on tv everything they. it doesn't mean you should be banned from television. >> this is america. >> france should recognize the

same human rights. people should be fined for fighting, not for wearing burkinis. liz: the burkini is seen as the enslavement of women in denial of human rights because it is imposed by men. when our men going to wear covered outfits covering their bodies? stuart: david rubin is with us and i am sure he has something to say. >> i would agree when it comes to dress and respecting religious norms of a particular religion, as long as it is not imposed on anyone else this sho. i take issue with saying there is equivalency betweenudaism and christianity and islam because islam promotes sharia

law and sharia law is the islamic law that is intolerant to other religions. stuart: let's go to father morris. >> when talking about human rights no matter who you are you have human rights and those come from god and if there is not a danger to society, a burqa covering someone's face completely in a public area, in a zoo or whatever, that could be a danger and the government could say we have to be able to see your face for security reasons. that is a different thing. people who wear bombs don't take them into oceans. >> the problem -- the problem is when you have the massive muslim immigration to european countries and they go to the beaches which tend to be very liberal, the muslim men come and

attack the women and rape the women, i know of so many cases like this because it is not a question of respecting their beliefs but opposing their beliefs on other people. >> 45 people were killed on a beach in tunisia and what happened after that is the italian board member of the european pilot converted to christianity, he said shut them up, shut them up because there are terror factories, tunisia did that, they shut a mosque after the beach attack. >> totally in with that but in this case specifically whether these muslim women should be able to wear these burkinis. liz: are they able? is it hoisted on the more is involuntarily? we don't know if muslim women are forced to wear this? i think it is enslavement of women. stuart: we will hear more on

this debate as the cultural clash that occurs in europe and maybe here too. thanks for joining us. we appreciate it. before we go to commercial break i will tell you about the stock market going nowhere. it is up 9 points, stocks are down. in october 1980, jimmy carter, then president, led ronald reagan, and the candidate for the republicans, the media was all over reagan calling them very dangerous among other things. does this sound familiar to what we are hearing today about donald trump? more varney in a moment. >> time to check and reverse the growth of government which shows signs of having grown beyond the consent of the governed. it is my intention to curb the size and influence of the federal establishment.

>> back and forth action, the dow jones industrial action, between gains and losses, the dow gained 20 points. the dow is up 7, the s&p up 3, the nasdaq 11, oil cross $48 a barrel, a drawdown recently and supplies, talking of opec meeting in december, walmart and

ibm, and announcing layoffs, and watching this closely, same-store sales weakness. and harley-davidson, and and 1.3%. much more "varney and company" coming up.

>> it is not my intention to do

away with government, it is to make it work with us, not over us, to stand by our side, not ride on our back. stuart: that was ronald reagan in 1981's inauguration speech. a couple months before, october 1980, ronald reagan trailed then president jimmy carter and the media was attacking ronald reagan something rotten, calling him dangerous, called him ronald ray gun. is there a parallel between the treatment of trump and the polls against trump now and what happened to ronald reagan in october 1980? >> i went back to check, i didn't remember, i went back to the polls in the last month in

october 1980, there were 13 major polls, ronald reagan led tween 9 of the 13 by an average of 3 points, what turned three points into a 10 point victory? the collapse of negotiations with uranian's for the release of the american hostages on the sunday before the tuesday election, reagan was in front and carter was behind, you are certainly correct that the media was criticizing ronald reagan for lots of things in the last month and that was similar with trump. stuart: i distinctly remember. i remember shall we say late september, early october. >> i was there, i do remember but now you changed the playing field, we have gone back a few

yards. stuart: all right. go check that. donald trump is calling himself mister brexit. the parallel between his position now against the establishment and what happened in britain, the exit vote to get out of europe, the entire establishment saying stay in, is it parallel? >> there is some parallel. i heard people make it, if that part was legitimate. and if it consisted 94%, whites, and it will be 30% minority.

stuart: i am batting 0 with you, i really am. >> i was sick and didn't get a fruit basket. stuart: when do the polls start to mean something. it is mid-august. i understand the polls are not that important but late september, early october? >> i like to say you want to give the debates a chance. debates don't always, rarely change the election results. on occasion they have done so, 1960-1970 they had an impact, 1980 to reinforce what you were saying about ronald reagan. that debate, there was only one

debate between carter and reagan, when president carter agreed to do it one week before election day, what a giant mistake, ronald reagan right before. stuart: went by 10 points. stuart: the fruit basket is on its way. >> i hope it is a good one. stuart: your time is up. we appreciate you being here. i really do. next guest, hillary clinton attacking donald trump on the estate tax. >> there is the estate tax which he wants to eliminate altogether, if you believe donald trump is as wealthy as he claims, can't say that for sure, he would, by elevating the

estate tax save the family $4 billion. and do absolutely nothing for 99.8% of all americans. stuart: trump says abolish the estate tax. what is hillary's plan for the estate tax? liz: taxation, raise the tax rate from 40 and hit more household and small businesses with it. that is who pays, the small business and the farms and ranches. here is a dollar amount how much it raises, $20 billion a year, what the federal government sends to keep it vacant buildings open. stuart: her argument is $20 billion a year didn't go to the government, it went to the heirs of the people who died. that doesn't help anybody. my argument would be it does

help people. you are allowed to form capital, spend your money the way you want to spend. >> and keep jobs intact. stuart: much better than keeping it in private hands. stuart: check the market please, we are dead flat, to some degree i don't understand this. the dow stocks are up, half are down. why is that, the price of oil broke above $48 a barrel, your ratio is busted. liz: unemployment claims were way down, the rate hikes might be more likely which takes the air out of the market. stuart: larry sabado -- seriously, we are following the latest on the olympic swimmers in brazil, they lied about the alleged robbery. they were drunk, trashed the gas station bathroom, we have full

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the time is now for the biggest sale of the year, where all beds are on sale! save 50% on the labor day limited edition bed. know better sleep. only at a sleep number store. stuart: we are getting the full story of the swimming and alleged robbery in rio.be a pre conference later on but the

story that was told is being called one big lie. they showed up at this gas station early in the morning. one of the swimmers needed to go to the bathroom, the gas station was locked, other teammates came over and forcibly unlocked the door, break it down. a pistol, demandhat is going on, and the gas station manager shows up, doesn't speaking was, is of the customer to translate to say you are going to pay for this damage, conflicting reports whether a gun was pulled on the swimmers, brazilian tv station said in all the malay the security guys did through a gun out. a few minutes later they agreed to pay for the damage done to the bathroom door and that is where it ended. their version of the story was they were in a taxi, pulled over by fake police officers, they were robbed, don't forget you have a gun, pointed to his head.

stuart: there was not a robbery. at 2:00 p.m. eastern time, brazilian authorities held a press conference, we will get more details. ashley: two siemers symbol swimmers were seen, didn't stop, carried on. it was a disaster -- the elliptic team in many respects a disaster for ryan lochte, diplomatic incident. ashley: that is another thing i'm interested in, what repercussions will there be. stuart: what is the penalty? liz: he is in the us, may not go back to brazil. stuart: we will have more varney after this.

.. stuart: not detract from the brilliant performance of ya leads. ashley: it is a shame from

something very enjoyable and successful and all of it being ruined by these events. stuart: it just overshadows that flooded millions. one after another. what a disaster. are we ready? charles payne, is he ready? i've been told to stretch. but if not all about? charles: i was enjoying a conversation. nobody's going to make me not enjoy these olympics yet i'm so proud of these olympians. >> i just don't want this problem to overshadow brilliant performance. charles: i agree 1000%. see you later, guys. right now, or it is threatening to keep up with to natural disasters. california wildfires not letting up and the costs are piling up. i am charles payne in for il cavuto. devastation from coast-to-coast