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tv   Varney Company  FOX Business  August 19, 2016 9:00am-12:01pm EDT

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>> it's been a great show. dagen mcdowell, mike huckabee, thank you for joining us. >> thank you very much. dagen: sunday morning futures fox news. maria: "varney & company" begins next, stuart, take it away. stuart: we've got it. thank you maria and all. we were not expecting this, an apology from donald trump, humility from donald trump. what was he thinking? good morning, everyone, he was thinking, new look, new style, new beginning. last night he said, sometimes you say the wrong thing, i've done that and i regret it. that speech was his best yet. and today he goes to where the president will not to louisiana and disasterous floods and begins a tv ad campaign in new states. his team off and running and
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new polls, hillary's lead is narrowing. and she want pull back from the foundation, and in the middle east, she's saying nothing about her foreign policy. she's playing defense and this weekend, she's resting. what a difference a week does make. and 80 days to the election and this campaign just shifted. it's friday and as always, a jam packed show. the u.s. won 100 olympic medals and we're not going to let lochte overshadow that. "varney & company" is about to begin. ♪ >> sometimes, in the heat of debate, and speaking on a multitude of issues, you don't choose the right words, or you say the wrong thing.
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i have done that and believe it or not, i regret it and i do regret it, particularly where it may have caused personal pain. too much is at stake for us to be consumed with these issues, but one thing i can promise you this, i will always tell you the truth. stuart: wow, that's a new look for donald trump. we are going to ask his son eric about it less than 15 minutes from now, right here on this program today. now, tammy bruce is with us this friday morning. i say this has been a turnaround week for trump. last night we saw the trump that the clinton campaign is probably afraid of. what do you say? >> yes, the campaign, as well as the media tried to make a caricature of donald trump. there's a reason why he's generally liked in new york and overall. this is a man that people know. people have said this is who they've understood donald trump to be and the man they've gotten to know and finally the
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american people now are seeing it. i can tell you after milwaukee, his support among african-americans had been at 4% and the l.a. times, usc poll, now has it at 14. stuart: really? >> that's a virtual 500% increase because of one speech to african-americans. now, it's still low, but tells you that americans are looking for a reason to support donald trump and he is now giving it to them. stuart: i want to take another small bite from his speech last night where he was directly addressing black voters. he asked them what have you got to lose? roll tape. >> if african-american voters give donald trump a chance by giving me their vote, the result for them will be amazing. stuart: people said go out and reach out to the black community, he just did that again. >> you do it, but you've got to mean it and have answers. black americans, white americans, the issues about security and the economy transcend all of those issues.
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donald trump is now giving them a reason to vote for them and they're responding. stuart: a lot of reasons. i want to move to the disastrous flooding in louisiana, 13 dead, 40,000 homes damaged. when you look at the aerial shots you see vast areas underwater. 85,000 people registering for federal assistance. now, donald trump and mike pence will be visiting there today. details. ashley: they will, by the way, the governor has not received anything official from the trum campaign. they said we're happy to come down, he's not coming down here for a photo op. we'd like him to come down and volunteer or donate money, but they're appreciative of him coming because as we know, the president has been awol so far on this. stuart: he said he's not going to allow cameras when he visits with the families flooded out. ashley: exactly. him and mike pence are going down there around mid day.
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stuart: when was the last time you saw a politician walk away from a photo op like that, it doesn't happen. good for him. i believe he's due to land in louisiana in about the next hour, we'll show you him landing. now to the markets this friday morning, we're going to open a bit lower. not much, down 40-odd points, and the dow closing around 18-5 yesterday and we're still going to be there. how about the price of oil? that's key to the markets these days. up a little bit this morning, but look at that level. 48.24, that could make a difference to stocks. gas, bad news, 2.14 is your national average. it's actually going up, very, very slowly, and now there are only 11 states where it's $2 or less. quick news on gap, it's cut its outlook, sales are falling, but the stock is only going to be down a few cents. what's the story there? >> they've had seven straight quarters of falling sales, that's some of two years. the thing, banana republic is in trouble and having problems
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with that, shutting banana republic over seas, and shutting old navy stores overseasment is this enough? do they have too many stores? that's an issue for gaap. >> i've got to deal with the olympics and the lochte story. and jim ymy fegan, one of the swimmers in the stanley. he's paid $11,000 made a donation to charity and passport returned. that's the deal. and other two swimmers, beltz and conger arrived back in the united states. meanwhile, ryan lochte, i think he's emerging as the key villain here. brazilian police say his story of being robbed at gun point is not true. and the u.s. olympic committee released a state. we apologize to our host in rio and people of brazil for the distracting euro deal in the middle of what should be a celebration of excellence. jared max is here, i just said
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ryan lochte is emergings a the villain, what say you? >> all you have to do look at the fr of the today's new york post, he's the ugly american. liar, liar, speedo on fire. this is today's post. lets go back to monday. lochte unloaded, ryan lochte. he made tools of us. and he had a situation in rio that didn't need more shade on it. it's interesting, his whole swimming career, the second most decorated olympian in american history with 12 medals. he's always in the shadow of michael phelps. instead of famous, it's more infamous and doesn't sit well. stuart: i think lads went out on the drunk, and engaged with the bathroom and-- >> i wouldn't be shocked if there's more to the story.
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i believe it's too extreme a story to concoct that you were robbed at gun point if it didn't take place. i wouldn't be shocked if there was more. stuart: hold yourself in reserve, maybe there's more to lochte's story. >> who knows, did he tell his mother and the two come up with it. either way, this is a story that continues. stuart: i want to move on from this lochte scandal to celebrate the brilliance of america's athletes and take a look at some of their performanc performances. and ashton back to back winner of the olympic decathlon gold medals, that's the guy. and he's an american. and helen, the first women's gold usa in wrestling. and joe kovacs, gold and silver in the shot put. they're setting new olympic records in the process. there he is. the united states pay ahead in the medal count.
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>> century mark. stuart: 100 in total. china 58 and look at the brits. unbelievable. >> better than in london liz: a footnote we're getting tweets that russia's got a limited presence. stuart: yes, they are. do you want to throw cold water on it liz: even there, look. >> no more drugs for the russians which means they're suddenly not the supermen, are they? >> a quick word for you, jared, i think the performance of the american people is fantastic and a salute to people like simone manuel the first to win gold. and you go back in the south and pools filled with sand where black americans can't go and simone biles as well. and we dominated in that women's gymnastics and swimming and forget about the clown with the green hair. stuart: well said. thanks very much. let's get to the markets this morning. looks like a lower open for stocks. you've got to remember that stock prices are still way up
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in the big scheme of things, okay? and we've got a very different donald trump. he took the stage last night, says he regrets some of the comments he's been making. a big change in tone for the campaign and look who is next? newt gingrich next.
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>> we like to pick out big name stocks that move on the opening bell. here is one, john deere and company. they're going to be flat. better sales-- no, here is the story, they've raised their outlook, it should have been higher than that. higher profit and sales at foot locker and they will also be flat at the opening bell today. all right, let's get to politics, that's where my heart lies. a new tone for donald trump. he expressed some remorse for previous remarks he made. i think he sounded more presidential. newt gingrich is with us this morning, always good to see you, sir. >> good to be with you. >> everybody i've spoken to, quite a few people, even though
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it's early in the morning, they watched the speech last night and they said, this is what we've been waiting for. this is a focused, softer tone, presidential trump. we want more of this. do you agree? >> well, i think he's had a terrific week. he gave an extraordinary speech monday on the dangers of radical islam. he gave a great or amazing speech on tuesday night about reaching out to african-americans and the absolute failure of liberalism in the inner city, that's a speech they put together in seven six or seven hours and it was trump who insisted it had to be on teleprompter because it was too complicated, and he had helpers with rudy guiliani and clark. he had a great speech in north carolina and last night. what you're seeing is a trump who i think has finally shifted out of the primary style which did win 37 primaries and the nomination, but he's moving
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into a general election style where he's beginning to realize that what people most want to know about a potential president is do you have the calmness and the stability and the judgment to not make a giant mistake that might get us into a major war or might get us into an economic disaster. and the tone he's had all week, not just what he said, but the tone he has said it in has been become pitch perfect. you clearly can listen to him and have a sense, this guy could be an effective president and he's increasingly emphasizing bringing us together in comparison to the divisive policies of clinton and obama. stuart: it's almost like day and night, isn't it? or night and day, i think that's the way to put it. if this is turnaround week and i think it is, what's your nice going into next week and early september where things really start to count? your advice? >> keep doing it. i mean, yeah. there's a good rule, which is to reinforce success and starve
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failure. he's found a rhythm that works. he's found a style that, you know, you can use a teleprompter, reagan proved this decisively, you can use a teleprompter and be exciting and have powerful policy proposals with a very moderate tone and i think, i hope, he is going to decide to make a major effort in the african-american community. i think there's an enormous opportunity there. when you have 3500 americans killed in chicago since obama became president, more than died in iraq and afghanistan combined, the democrats do nothing, i think both the moral obligation and the opportunity is enormous and i think that donald trump and governor pence have the guts to actually do things that no republican has done in modern times. stuart: now, switch sides, look at hillary clinton. i think she's now playing defense and we understand that
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today she's resting and tomorrow probably resting again. what do you make of that? >> well, you know, it used to be that the party of sympathy and concern and focus on human beings was the democratic party and that the republicans would be kind of standing around and sucking their thumb figuring out what to do. now you have an enormous disaster in louisiana where i went to school and my youngest daughter was born. and the biggest since hurricane sandy and, you know, the president golfing because he can't really be troubled and you have hillary clinton who naturally should have been the person down there. i mean, bill clinton would have been down there in a heartbeat and he would have understood instantly and who is going down? you've got donald trump and mike pence and very correctly, they're going down without cameras. i think they're going to see what's going on and try to be helpful. pence of course has been a governor and deal with tornados and other disasters so i think it's a remarkable contrast and i don't know quite what's
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happening with hillary, but i notice that her schedule's getting lighter and lighter and that she's taking more time resting, you know, than campaigning and her remind me almost dewey versus truman and that she's coasting. stuart: i remember that election very well. >> you don't remember. stuart: the year i was born. [laughter] newt, always a pleasure to have you on the show: we like to bring you individual stocks which may be moving because of news. this is a stock that's not going to move much, but here is the news. they've suspended about a quarter million accounts because they promote terrorism and extremist views. that's twitter. big wildfire, that still rages just east of los angeles, 50, 60 miles east. tens of thousands of people forced from their homes. tens of thousands of acres still burning, it's only about 20% contained. and then there's golf.
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a big splash at the olympics, golf. and justin rose took home the gold. four of the best golfers missed the game, didn't go. gary player is with us in a moment. a golf lend and a friend of the show. what did he have to say about the four who did not go. to folks out there whose diabetic nerve pain... shoots and burns its way into your day, i hear you. to everyone with this pain that makes ordinary tasks extraordinarily painful, i hear you. make sure your doctor hears you too! i hear you because i was there when my dad suffered with diabetic nerve pain. if you have diabetes and burning, shooting pain in your feet or hands, don't suffer in silence! step on up and ask your doctor about diabetic nerve pain. tell 'em cedric sent you.
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>> governor mike pence has ju landed near baton rouge, louisiana. he's going to visit the victims of the flooding. and donald trump arrives shortly and president obama is playing golf and hillary is resting. that facetious, but i had to get it out there. the price of oil at $48 a barrel and up a little bit. how about applied materials? they're not chip makers, they make the equipment to make chips. a very important company. they've got a record number of orders and that stock will go up. and very important economic pointer right there. golf, yep, made it appearance in the olympics first time in more than 100 years. the brit, justin rose won the gold, but four of the world's top golfers opted not to go to r rye-- rio. gary player, thanks for coming on the show again. i think the four golfers who didn't want to go to rio, i
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think they're looking bad this morning, what say you? >> well, it's quite sad because we all have-- wonderful game for us, they play in countries where they have malaria, which is a lot more than zika. that's their choice, but honestly, they haven't been missed because the crowds have been record crowds and the scoring has been phenomenal and we will be back in the olympics. the olympics, really quite honestly, you're pre ordained to be a success and it was absolutely marvellous. stuart: you were worried that golf would not continue to the next olympics that it would be dropped because people dropped out and the stars dropped out. you're not worried now, are you? because that was a terrific golf tournament at the olympics and there's no worries about it not being present in tokyo four years from now. >> and in ratings.
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some of the ratings in some of the countries were higher than the masters or the british open. which is exciting. i'm at the woman's event, they're playing great golf. i'm so relieved because i love the game so much and it's done so much for me, i'm so relieved to see such a roaring success. stuart: gary, we wanted you to be on the show because we wanted know the to get bogged down in the ryan lochte episode. we want to celebrate brilliant golf, great athletics and you helped us do it. gary player, thanks as always for being on "varney & company." come and see us in person soon, okay? >> my pleasure. thank you. stuart: okay. all right. we're coming up to the opening bell about four and a half minutes away. we're going to open down maybe 30, 40 points. fractional losses in the s&p and nasdaq as well. oil is going up. let's see how that plays out in stocks a little later. we'll be back.
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stop taking cialis and get medical help right away. therthat can be serious,ere. even fatal to infants. it's whooping cough, and people can spread it without knowing it. understand the danger your new grandchild faces. talk to your doctor or pharmacist about a whooping cough vaccination today. >> i think the big news this week has been in politics, not so much on the mar as we run up to the opening bell this friday morning, we're going to see a flat to lower market. we're going to be down 34, 45 points on the dow and we have the price of gold falling at latest count about $11 an ounce this morning.
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and the price of oil beginning to move up a little. 48.41 is the current quote. all right, we've got 10 seconds to go and the last trading day in the session, there is the bell, there is the applause and another five seconds. and here we go. ding, ding, ding, we're off and running. we're down 16 points in the very early going. if it's red, it's down. if it's black, it's unchanged. if it's green it's up. there's only one stock on the dow 30. s&p 500, in percentage terms, is it down? no, it's up .2%. broader based market average and it's up. the nasdaq composite home of the tech stocks, down .2%. now, take a look at gold. as we said, it's up, what, 27% this year. i mean, look at it. ashley: that says they believe there's going to be a rate hike because inflation isn't going to be an issue. stuart: that's what it is liz: and negative interest
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rates on bonds around the world. stuart: gold is down 10. the price of oil is 48.41 up 19 cents getting perilously close to 49.50, is it not? couple of individual stocks, weak sales, weak outlook at the gap. no difference in the stock. it's actually gone up 2 cents. i can never figure this out. no retail ice age at discount retailer ross stores raising its outlook. sales surging. am i right, is it a discounter? >> it is, indeed. i know, i know discount stores as well. stuart: foot locker is up 4%. same story, better sales, better profits. it's up 2 bucks at 64. profit and sales down at john deere. they did the intelligent thing, they raised their outlook. full closure i've still got the john deere tractor, got it. ashley webster is here, liz
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macdonald, tammy bruce, and we're looking at 19,000. is everybody convinced we'll hit 19,000? how about you keith? >> i think so. stuart: come on, you bet, that's it. all right. >> why not? >> let's leave him behind. scott shellady, 19k on the dow industrials this year, what say you? >> i love keith's answer. i think probably. because as long as the fed stays data dependent and the data stays dependent on the fed we'll slowly march up there, but for the wrong reasons. stuart: whoa, what a bunch we've got today. are we going to hit 19,000 this year liz: yeah, a 50-50 odds that the fed will not raise rates although i would trust half
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price sushi at a gas station. [laughter] >> the show has a friday feel. because it's friday, i'll bring in tammy bruce who doesn't really follow the financial markets, but 19k this year? >> i say yes and i say, liz, if she eats the half priced sushi she'll be hitting down the bathroom door just like-- >> tell the truth about it. stuart: keith, what he's buying and what he likes in this market, and he tells me he likes something called templeton emerging markets. and that's a snooze, that's a yawn and you better tell us about it if you're buying any. >> well, here is where i'm going to come out of my chair, stuart. you know, 7% yield in a world with .25%? you're talking something that's undervalued by 12 1/2% according to the asset value. room to play, room to grow. international markets, they're going to come back.
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stuart: i like that. [buzzer] >> i don't think you can buzz him for that. 7% yield. it's a mutual fund right, that's what it is templeton fund, 7%. okay. abvi, the drug maker, do you like that one, keith. >> that's a spin-off, a drug player, high margins and they've got a number of things they're doing in all the areas they need. in oncology, they've got cancer drugs, things as we age are going to be very important so all the stocks we're talking about are core holdings and i was happy to buy them. stuart: it turned south and you recommended it. but that's another story. >> of course. stuart: unilever, it's an anglo dutch company that makes all kind of stuff, soap, ice cream and you like it. >> it's the same thing, consumer product, name brand. they're a technological company. and that says not only consumers which are weak, but
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we take for granted. happy to buy all three income play and strong geographic exposure and i like them a lot. stuart: i want to move on to gold. an awful lot of people own gold. not so much the gold mining stocks, they own a lot of the coins and they own bullion. the price of gold is up 27%. down a fraction today, but up 27%. scott, you're the commodities guy. what do you make of gold? >> well, i think it makes sense. that's one of the few things i think that's trading well out there. because we've got a lot of uncertainty and through the brexit problem. we've got a u.s. election here and we've seen the dollar get weaker. those are reasons you might want to get behind gold. normally you buy gold in inflationary times and/or armageddon. woo we're not going to have that, but we have a lot of people parking in gold because they're not sure in u.s. equities and think that bonds
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are too low already. i like gold. i think it's got legs. stuart: and most the people who buy gold, buy coins and give it to the grandkids or bury it in the back yard. what's your take on that. >> it's probably better than etf's and paper. own gold maybe not in dollars, but even -- own it and it's the real thing, not the paper. stuart: and we move on to individual stocks. viacom and sumner redstone have come to a settlement of some kind. we've got facebook, they want video game makers to make more games for its users. no impact on the stock, but it's still at 123. the hedge fund manager, a wealthy guy, he's got a stake in square. and the company reportedly ramping up its operations in europe and square is up 1 1/2% on that.
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got it. higher profit. better sales, essay lauder doing well with makeup, luxury fragrances. why is the stock down nearly 3%, he asks? i'm not getting an answer. it's down. it's an important story, a record number of orders for the chip equipment maker applied materials. i think that's important and nicole, the stock please. nicole: let's take a look right now. it's up 4%, not only is it up 4%, but it's also hitting a new annual high. so the stocks surges here on better than expected sales and the forecast going forward also beats the analyst estimates. they are in the chip business, they make the equipment na makes chips and the ceo today also noting recently, saying that we're in the best position in this market. so, the ceo feeling very apartment mystic-- very optimistic and so, the technology overall, we know, has been the last several weeks, it's been a leader.
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stuart: it has indeed, thanks, nicole. look at apple, it's trying to figure out how to make the watch work without having the watch connected directly to your iphone and apple to the galaxy 7. it goes on sale today. and you're saying $200 a share for apple within two years, are you still saying that? >> you know, stuart, i am. it's the ecosphere. everyone talks about apple the watches ap the devices and galaxy, i carry it here. and it's the ecosphere. stuart: give me ten seconds on that. >> that's apple in your car in your hotel, to move money from your wallet, the music. what tim cook wants you to do is surround you with all things apple. like the old intel commercials,
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you do ent care what's under the hood, it's going to drive what you use. stuart: fair point. amaz amazon, we've got news, hyundai's cars, you can turn them on from inside the house using an alexa, you talk to it and it plays the music you want, and this, that and the other. alexa. it's a great success. it's kind of gee-whiz. i don't think it's going to make a difference that you can turn your car on. i don't see it moving the car. >> bmw and ford are moving toward it. ashley: bmw by the end of the year. >> it's part of the eco system, but puts so much more at risk when you're dealing with that as well. as long as everything starts to get connect today such a degree, your entire world could be hacked. stuart: and trying to get into this, what have you got, scott? >> i think it would make a
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difference with that app, if you could sell it to turn your car on and tell is to drive and get your garlic fries and all day breakfast, that would make a difference. >>. stuart: you know, scott, this show does have a friday feel. >> it does. stuart: garlic fries going to do it. here is something serious, look at prison stocks, they do exist, by the way. connections corporation, geo group. yesterday, the justice department says it's going to stop using them, i think this is for federal prisons. >> this is. ashley: only 11% of prisoners are in the prisons. they used it for overflow, but the prison population is declining. stuart: and big drops there yesterday, that is. and dow at the low of the day, we're down 95 points. around the clock, give me a
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reason it's down 95 points, keith? >> i think that traders are taking gas off the table and unleveraging, nothing more than that. it's a tactical move, i wouldn't pay attention if you're a long-term investor. stuart: nothing more than that. scott, keith, one and all, tammy, thank you for joining us. we're down 94 points on the dow and puts it at 18-5. that's where we are 11 minutes into the friday morning trading session. now this, deadly flooding in louisiana at least 13 killed, homes damaged. donald trump and mike pence will tour the area today. donald trump holds a rally last night and takes a conciliatory tone, a softer tone and says, listen to this, he regrets some things he said during the campaign. the question, is this a whole new donald trump and a whole new week? we're going to ask his son about that, eric, next.
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♪ (announcer vo) you can go straight home. (howard stern on radio) welcome to show business. (announcer vo) or you can hear the rest of howard. bababooey! (announcer vo) sorry, confused neighbors, howard's on. siriusxm. road happy.
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(announcer vo) you can commute. (man on radio) ...40! no flags on the play! (cheering) (announcer vo) or you can chest bump. yo commute, we got serious game. siriusxm. road happy. >> before we get to a major guest on this program. i'm going to tell you that the stock market is down 88 points, but it's holding there at 18,500. let's get to it. here is our first guest, eric trump. his dad is donald, he's running for the presidency. mr. eric trump welcome. >> how are you, stuart. good to be here as always. stuart: let's get at it. on good morning america today couple hours ago, kelly anne conway general manager of the campaign said your dad might reach out to the khan family, anything on that.
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>> last night awesome speech, woo he were in charlotte and it came out and i was proud of him. he came out and he said listen i've made mistakes in the campaign and probably overreached. stuart: not heard that before. >> probably said things i shouldn't. he's not a politically correct guy, as a father i know him he's had a heart of gold and amazing father to all of us and that's the man i know. stuart: is he going to keep going, going further? is he going to reach out to the chan family? this is the goldstar family he took issue with after the democrat convention, i mean, he could enhance what he said last night by making that outreach. is he going to do it? >> we'll see. stuart: do you know whether he will or not? >> i don't know. and there were bad things said about him and obviously, back and forth and my father has been more pro military and more pro veteran than probably anybody in the history of our country, i mean, he thinks it's
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a disgrace what's happening to our vets. they come back from war zones and wars that we shouldn't be in that cost the country trillions and trillions of dollars and thousands of lives and come back and are forgotten about. my father has been more pro veteran than anybody else, we'll see, he very well could, we'll see if that ends up happening, that's his decision to make. stuart: i just want to know who wrote that speech last night because it was very well received by an awful lot of people. >> yeah. stuart: who made the call, let's go to louisiana? let's go where the president will not go, who made that call. >> one thing about the trump campaign, you know, it's run from the top. right? it's not run by a bunch of people. there are people who give opinions including myself, but it's run from the top. my father spent a lot of time on the speech and at that talking about it and talking about the african-american community. if you look at that community, right, if you look at inner cities, 60% unemployment. the schools are failing, you've got massive, massive high school drop-out. forget about the prospect of going to a great col
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and he's saying, why don't they have the same opportunities as so many other americans and why do they have these problems and by the way it's failed policy of democratic candidates and democratic government that's caused this awful system and yet they take those votes for granted. stuart: he's very much on message going after key constituencies and staying on message, he's staying on prompter. why didn't he do that throughout the month of july? why not? >> he's a guy that speaks off the cuff. stuart: is he going to stop doing that for good? >> no, listen, you can't change a person's personality. he's larger than life. he's not politically correct. he'll neveren politically correct and politician, i think he'll go down as one of the great case studies of politicians in the worltd. done something that no one has done before a-and makes him special and why he got 14 million votes in the primaries, unlike anything that anybody has done before. stuart: i have to ask you almost a personal question. you're donald trump's son.
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he could be the next president of the united states of america. do you ever think what it might be like to be the son of the president of the united states? it must go through your mind. >> it's amazing. don't pinch yourself every morning, a year ago, i was building hotels over the world and now talking to you about policy. stuart: what happens to your business if he becomes the president, you have to step away from it? >> no, i stay in new york and we run the hotels and golf courses and residential buildings and everything we have. and he's 100% dedicated to the country and that w i've worked with him in the last decade, and there's no better business leader, will not allow the waste and abuse that you see that's endemick in government. he's an amazing leader and do a great job and when there's a natural disaster happening down on our gulf coast, believe me, he will not be out there playing golf. the man will work and work and work and do a great job for
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this country. stuart: and thanks for being with us, don't be a stranger. >> send the invite over. stuart: eric trump, we appreciate you being here. thank you, sir, good stuff. stuart: we are going to check the market, a new low just for this day. the dow industrial is down, what is it, about 100 odd points right now and we've got 28 of the dow 30 in the red, only two are up. and now this, the state department admitting that that $400 million that we paid to iran was indeed strictly kinth on the release of those four hostages. i'm going to call it flat-out ransom. let's see how the state department worded it in a moment. ♪
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the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ >> the obama administration admitted thursday that the $400 million cash payment to iran was contingent on the release of american hostages. they wouldn't use the word ransom. here is state department spokesman john kirby. here is how he put it, roll tape. >> to have leverage on the release of the americans, then there's a direct connection between these two events, you're now telling us, right? >> i'm saying that events came together simultaneously, obviously, when you're inside that 24-hour period and you already now have concerns about the end-game in terms of getting your americans out, it
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would have been foolish and prudent i remember responsible for us not to maintain maximum leverage. so if you're asking me was there a connection in at that regard at the end game, i'm not going to deny that. stuart: i'm not going to deny that. gary bernstein is with us, a former cia officers and a trump surrogate as well. gary, there are three more americans seized by iran and there's still 1.3 billion dollars, as i understand it, that we've got that they want. is this going to be a quid pro quo, we can get the three guys back if we give them $1.3 billion? is that where we're headed? >> actually there's four, mr. levenson the fbi officer. stuart: yeah. >> the gentleman from the unicef and his son and the man out of the iranian american out of san diego. and of course, the president stated with his own words, if you pay ransom they'll take more, they've taken more. part of it is not just the money.
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there's a group of iranians, who were in thailand, and, and the obama administration will have to sort of deal with them as well because the iranians will push them, they want the release of those terrorists as well. and the precedent set by giving this money is a terrible one. it complicates the lives and the length of suffering on the part of american hostages in tehran. stuart: you're a trump guy. will mr. trump exploit this. surely this is ammunition, easily, i hate to use the word exploitable, but usable by donald trump. will he do it? >> well, clearly, you know, the campaign will make statements just demonstrating that this is, you know, just poor handling of national security. they're not going to exploit it, of course, because the point of the matter is people in the trump campaign, their desires to get the return of these americans in a way that's
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consistent with sound national security practices and not paying ransom. there are ways to do that. we recovered the hostages during the afghan war, and international hostages, i was involved in that. we didn't pay a ransom and rescued eight people held by the taliban. so, this can be done, you've just got to be smart about it, you've got to hold your position here and the obama administration's handling of this was just terribly flawed. stuart: fascinating. gary, thank you for joining us, you know what you're talking about and we appreciate it. i know you can't hear me, you've got your ear piece around. and military vehicles to the ukraine border, that border is a flashpoint. is something about to happen? ambassador john bolten on that. next hour of "varney & company" two minutes away.
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after using military force to push the ukrainian government out. putin is dialing up pressure on eastern ukraine in particular. what he has in mind this time, we don't know. there is another indication he has not given up objective over former soviet union, azerbaijan, baltics. he knows there is weakness in the oval office. he will push. stuart: he has 80 days left with the president as president of the united states. there is one more development, i'm sure you know about this, i bring to your attention. president erdogan in turkey going to iran, state visit august 24th. there is some significance to that. tell our viewers, please. >> absolutely. this is the worst case from america's point of view. we had erdogan right after failed military coup make his
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first meeting with a foreign leader with vladmir putin. obviously not a nato ally. now he is going to iran, which already has axis with russia. i very much fear that we're looking at a trilateral kind of understanding here with iran, turkey and russia. this is pad news for the united states and its friend all over the middle east. it is really bad news for nato. i don't know what direction turkey is boeing in i fear it is going in islamist direction. this is disturbing. where is the president? absent without leave again. stuart: one more for you. we virtually handed over $400 million simultaneously, i will call it ransom. three more americans still in iran. they want another $1.4 billion for it. is this setup? another hostage exchange for seriously big money. >> it is not clear that 1.3 billion, interest on 400 million gone or not.
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i fear we paid that as part of the four who have been released. i think three or four americans still there are unfortunate bargaining chips. the negotiations about the settlement of arms claim and release of hostages if anybody believes these were accidental, purely by chance is delusional. everybody understood what was going on here. this was clear ransom, part of the deal to get the nuclear agreement with iran. obama and kerry would have paid any price. probably in tehran. their only regret didn't ask for more money. it is disgrace and debacle for america and diplomacy. stuart: mr. ambassador. thanks very much for joining us. i'm cutting short. i got breaking news. this is of real significance to the trump campaign, paul manafort just resigned. this is very, very important piece of news that we're breaking here. >> yes. stuart: it just occurred. just crossing the wires.
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he resigned from the trump campaign. a little backtracking here. he was appointed i think maybe a couple months ago to come in and organize the campaign, which had been going off tangents. mr. trump had been saying some outrage just things. >> pretty bankrupt. >> this morning paul manifort offered and i accept, this is donald trump's statement. paul manafort offered and acceptedries ignition from the campaign. i appreciate his work getting us to where we are and particularly guiding through the convention process. he is true professional. stuart: this is week of change. >> comes within days of mr. manafort being demoted because of his ties to the ukraine and others. stuart: stephen bannon. the guy from breitbart. he is in charge with kellyanne conway. >> yes. stuart: they produced speech last night, so well-received, which mr. trump apologized. he said i regret some things that i have said.
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that is very new. >> he also tweeted out donald trump earlier this morning thank you to everyone for nice comments twitter, pundits and otherwise for my speech last night. got a lot of good, positive feedback. stuart: everybody i heard said that was very, very good speech last night. this morning we had kellyanne conway on good morning america, mr. trump might go further and reach out to the khan family, with who he had dispute, gold star family from the democrat convention. >> you asked his son eric about that, but didn't get an answer. stuart: i didn't get an answer. mr. trump could keep going further with this new tone, new look and reach out to the people that he insulted. >> because it is important, his base, he has his base. he struck around 40%. 39%. needs to get to the swing voter. paul manafort of big advocate kind of moderating donald trump, reining him in. this apology that mr. trump did could prove effective. >> something of a contradiction,
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isn't it? manafort wanted to rein him in. >> yes. stuart: he was reined in? >> yes. stuart: last night still reined in but pose different direction with an apology. >> yes. stuart: something of a contradiction but any way you slice it, this is the most important week for the trump many campaign thus far. see if things turn around. keep reporting on this no impact on the markets. this is not financial story. this is pure political election story. stuart: i will repeat it, paul paul -- paul manafort resigned from the trump campaign. mr. trump accepted the resignation. i want to get to the flooding in louisiana. it is, i see this primary as humanitarian story. there are 13 dead. there are 40,000 homes damaged. i believe over 80,000 people asked for federal assistance. you're looking at denham
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springs, louisiana, which was absolutely devastated. joining us now is someone who can give us the personal side of this story. his name is ronald robiard. welcome to the program. i know you'ren the phone here. ii want to welcome you very much to the home. am i right you were wash out in katrina. you were washed out again, you're essentially a homeless guy at this point. take us through the story. >> well, what happened, i can tell you i experienced katrina. i wasn't in new orleans, i wasn't washed out. its with a bad experience here also in baton rouge. i recently came here from houston, to visit my brother. i was relocating. last friday, to see my mother, it was her 87th birthday. i got flooded. i had pictures that i think you twice may have where it shows you how the water just progressed, from ankle-high, to knee-high, to really a river. stuart: at what point did you
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have to get out, knee-high or -- >> no. we tried to sit it out, when it got to the stop step at my brother's home, but later on that night, about 1:00 in the morning, the water had come into the house almost 2 1/2, three feet. stuart: good lord. >> at that point it was just time for us to leave. stuart: have you been back? can you get back in? because i have some experience of flooded basements and going back is not fun. there is dreadful smell. the house is virtually unliveable. have you got back yet? >> yeah. my brother and i went back a couple days ago. we actually started cleaning up. as you said the smell is kind of bad, it is a bad smell, not a good smell, and we started cleaning up, washing down walls with you know, clorox, with ammonia, bleach, removing debris from the house. all, so much trash, so much
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garbage. stuart: what do you think of donald trump going to pay a visit to louisiana today? >> well, i think personally, i'm not, i don't dislike the man personally because i don't know him. some of the things he has spoken about i don't agree with but i think it is a photo-op, personally, maybe i'm wrong. but a lot of people feel that way. stuart: ronald, thank you very much very much. we feel for you. glad you got on the show. >> pleasure meeting to you too. thank you. stuart: right. let's get out of this bloc with the markets. we're coming back a little bit. i got to tell you we got this breaking news donald trump's campaign manager paul manafort resigned from the trump campaign. absolutely no impact on markets whatsoever but big impact on politics. we'll be back. you can run an errand.
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the embattled former leader of the ukraine, he was pushed out in 2014. ledgers surfaced with paul manafort's name in them, allegedly receiving $12.7 million in payment between 2007, 2015. no indication manafort received money. his name surfaced in the ledgers with that number.
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mixed up with that. stuart: another point, manafort was supposed to relate to the donors. >> yes he was. was seen more moderate and creating a bridge between donald trump and big money donors from the gop not quite convinced especially after comments about the second amendment with hillary clinton and he was seen as the man who could bridge that gap. steve bannon coming on board, seen as more aggressive conservative, more in the style of how trump started his campaign. interesting to see how this plays out with the donors. stuart: yet you had the speech last night very much on message. >> very much. kinder, gentler. stuart: gentler tone. >> with a shot at hillary clinton, i will tell you the truth. stuart: nice shot but the tone was very well-received. we have to say. leave that on the screen, donald trump will emerge momentarily. i want to tell you what is going on in the markets. no reaction from wall street for any political developments, trump in louisiana, and
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resignation of paul manafort. down on the dow jones industrial average. most of them in the red. couple individual stocks, ross stores, big discounter. straight going up. surge in sales at ross stores. can i show you please the new cover of "the new york post." it is with ryan look tee. says the ugly american. that is splashed across the front page today. this is after lochte and other other american swimmers claimed they had been robbed. rio officials said it was a lie. lochte just apologized. emily campano. trump is about to emerge there. emily is with us. ryan lochte has just apologized. jimmy feeing -- feigen paid
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$11,000. do you pay them, apologize and walk away. as an attorney can you say that what should happen? >> the fact he is here in the states, there is chasm he doesn't necessarily have to cost but definitely for the public image and definitely for our relations with brazil he should match the donation or more. he issued a public apology. that hopefully should settle it. keep in mind this needs to be approved by the judge. there needs to be appropriate reparations. the amount, needs to be a stamp of approval by the judge for his course of action. should involve a monetary donation on his part. stuart: hold on a second, ashley. >> a statement quite long. i will paraphrase. i want to apologize for my behavior last weekend in being not more careful or candid how i described events that early morning. traumatic to be out late with your friends in foreign country and language barrier and point a
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gun, at you do demand money before they let you leave. i am sorry to my teammates, my fans, my fellow competitors and sponsors and the host of this great event. stuart: thank you very much, indeed, ashley. emily, will that be enough, apology payment of nearly 11,000 bucks. you think there will be another payment to get everybody on the same page here? >> right. because that payment was extended by feigen. that slant was not true mea culpa. i'm so sorry, yes i lied, yes i made it up. he was very careful to say i apologize for how i construed the event. yes, there was a gun in my face. that is opening door for him to argue and defend his behavior, well, look, this was unnecessary force. this was undue force. he could argue back with any charges on brazillian part that security acted outside of his reasonable behavior as well.
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room interesting apology in terms of that slant. he is not on his knees yet. stuart: i just don't want to overshadow the fantastic performance of american athletes. that's what we're getting at here. emily, thanks for joining us. crucial time, joining as we get the lochte semiapology and donald trump emerging. we'll say good-bye, see you real soon. there you have it, baton rouge, louisiana, we have live pictures. donald trump arrived in louisiana. he is on his plane. he is coming out of the plane any moment now. what he is going to do, he will visit flood victims and talk to them one-on-one. his vice-presidential running mate, governor mike pence, he is there too. two will visit families. they're not seeing this they will not allow cameras in. they will not make a photo-op. heavily armed guys are emerging from the trump plane armed to the teeth. armed with guys with suitcases
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and baggage. usually the candidate and guy gets off first. this time, they're unloading everybody else. i don't know who they are. i'm guessing they are aides, secret service people. guy in the red shirt, they're talking into their shirts. they're security. stuart: i guess this is welcoming committee, going on board, saying welcome to louisiana, mr. trump? that is what we've got going for us right now? okay. i have to say, we're a financial program but we delve heavily into politics. we're not seeing any kind of financial reaction to all of the goes on with the olympics and all goes on with donald trump in louisiana. there is no financial reaction to that. don't look for it, okay? waiting for mr. trump we'll take a commercial break. we will be back.
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stuart: all right. that is baton rouge, louisiana. that is the trump plane. mr. trump is inside, about to emerge to begin a voice to it the victims of those devastating floods. i got to say this is turn around week for the trump campaign. >> very much. stuart: a lot has happened this week. he made two very important and very well-received, on point speeches. law and order, last night he said he regretted some of the things he said. different tone, on message, on prompter. >> week before that on the economy, in front of homebuilders in florida i thought he had a good tone then. well-received. stuart: beginning of the turn. >> yes. stuart: moments ago, literally 30 minutes ago it was announced paul manafort refrom the trump campaign. liz he signed on the in the spring and now he is out. >> he replaced corey lewandoski,
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mr. trump fired him back then. mr. trump's campaign is making a new push to have paid advertising on television in battleground states. nearly five million dollars in ohio, pennsylvania, north carolina and florida. stuart: >> the manafort decision, they felt he was shifted aside, felt he would stay on as visor. for him to resign surprised some. stuart: he has the problem with the ukraine or ukrainian connection if i can put it like that, that was a problem. it's a real turn around week. that is what you're looking at here. can't tell you how many people who support donald trump, who are republicans came to me today, said that speech last night was just what we wanted. that is the trump that was going to win. >> teleprompted or new team let trump be trump? that is where the gaffs come in. stuart: they made him, eric trump on this program earlier said that donald trump, his dad,
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had written much that speech. here he is, just emerging in baton rouge, louisiana. he is about to descend to come down visit people in midst of devastating flooding. look at those expressions carefully. the man is very well-aware of the situation that he is walking into. >> right. i have been reading "the times-picayune," a popular newspaper in louisiana. they have been saying repeatedly where is the help. they have been saying, where is the media attention? >> yes. >> we know the election, we understand the olympics, we have epic flooding situation, the worst since 2012. stuart: very good, yes. >> since hurricane sandy. if the media could pay attention to what is happening in louisiana, maybe we would get more help and faster help. stuart: let me add to that. the editor of the advocate, leading newspaper in baton rouge came out with editorial and he said, mr. president, barack obama, we want you here. mr. obama is not going to be
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there. we need you. that is what he said. he is not going. he is still playing golf on martha's vineyard. donald trump, we lost the feed for a second. we'll get it back. meanwhile donald trump is there, with his vice-presidential candidate. he goes to see the people, and not using it as a photo-op. no cameras allowed. >> that's right. stuart: just when he gets off the plane. this is remarkable thing. we're on this we'll bring you more pictures from louisiana and donald trump. back in a moment.
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stuart: you're just joining us, paul manafort out from the trump campaign. look who is here, fred barnes, "weekly standard." what do you make of this, manafort out? >> i'm not surprised. steve bannon came in, took over,
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the guy from breitbart. then we see political jujitsu. everybody was expecting this guy will let trump be trump. he will be freewheeling, making charges. it will be the old trump we saw in the primaries. what did we see? just the opposite. today, what could be more presidential than what trump is doing in louisiana? he is beating president obama there, for one thing. trump had spurned being presidential. the voters will be bored by that. here he is doing it. smart move. stuart: there he is, on the screens, right now, mr. trump and mike pence arriving in louisiana to visit devastated flooding areas. i want to go back to last night. you mentioned it -- i think it was very well-received speech. >> yes. stuart: different tone. he offered his regrets for what he said about certain people. listen to a short bite from that. then i get you a comment, fred. >> okay. >> every single citizen in our land has a right to live in
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safety, to be, one united nations. we must protect all of our people, all of our people. i ll not restnl children of every color in this country are fully included in the american dream. stuart: that was from his speech last night, fred. i think that was very effective. go. >> yeah. certainly wasn't divisive. he has been divisive, divisive, however you pronounce it in the past. quite contrary. his apology he gave, i mentioned about a month ago, i mentioned to a prominent advisor, of trump that you know, there is an apology he ought to make, to the bush family and what was the reaction. that would show weakness. here he is, apologizing broadly and, this may be followed up with some specific apologies, but, it is not, this is not the let trump be trump. this is the, really disciplined
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trump, who is the trump i think can close the gap here on hillary clinton. stuart: isn't it an extraordinary week, what a turnaround, what a shift in the trump campaign. top guy's gone. the tone changes. he offers regrets for some of the stuff he said. last word to you, fred, can he keep it up? >> well, that is the test. look, he already kept it up longer than i thought he would. his last four speech, one he read from text. hadn't been ad-libbing. not making crazy comments on the side. so far, so good. stuart: fred barnes, thanks very much for joining us. big day, your time something always perfect, fred. thanks very much indeed. i want to bring in naiomi schaefer riley, new york post columnist. she is author of a brand new book which is very, very good what is the name of it. >> trail of tears. how washington is destroying the american indians. stuart: very interesting. i want to talk to you about washington, in my opinion,
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destroyed our inner cities specifically on education. you're an expert in that area. i think, i have a bee in my bonnet about this i think worst thing that democrats have done to african-americans and our society deny them school school choice. am i outof line? >> no, you're absolutely right. they have denied educational opportunities every american child should be given. they have done this for african-americans, hispanics, poor white people and native americans as well. amazing to the extent that the national education association and other teachers unions are determining the agenda of the democratic party. it is basically public education in this country is jobs program for teachers. it is not a way to help poor people get up. stuart: what i constantly think about is the look on the faces of young minority kids trying to get into charter school in new york city, success academy, for example. their lives depend on it. the democrats want to take that school choice away. >> absolutely. stuart: i'm just appalled of
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this. >> from bill de blasio, to hillary clinton amazing how it goes up and down the line for support for this. teachers unions in cleveland are about to go on strike because they don't want teachers toe have to be subject to merit pay. they don't want to have teachers, evaluated the same way the rest of the country is. stuart: the teachers in cleveland are about to go on strike, they don't want merit pay? >> right. stuart: they don't want judgment? >> no. especially based on test scores. they don't want so be accountable for the job they're doing. stuart: i don't know whether you're trump supporter or not. i don't care about your politics. >> not at all. stuart: that is certainly interesting. stop needling me. >> okay. stuart: last night donald trump made a direct appeal to the people in the inner cities. what have you got to lose, he was saying. what have you got to lose. if you don't vote for them, you vote for me? >> absolutely. i think, this, he should have started this a long time ago. i really wish that he would have gone to an inner-city talked to some black people in the audience too. i think it would have looked a
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lot better. support for charter schools and school choice is long been republican talking point but i don't think they are ever really doing work that needs to be done to get in there. tell you the truth the thing disappoints me about donald trump, as you know in new york city we have amazing businessmen and philanthropists here who supported charter schools, given millions of dollars. who have given scholarships to kids to go to catholic schools. i don't think donald trump is among them. i like see him to point to a record, people like paul tudor jones, eli broad, who have supported alternatives. would be nice to see that. stuart: maybe, if you prod hard enough, given new direction, maybe he will listen to you. >> this is the time. stuart: thanks for joining us as always. we like that book. what is the name of it again? >> the new trail of tears, how washington is destroying american indians. stuart: that is a story. come on back and tell us about that? >> i will. thanks, stuart. stuart: let's get to something
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totally and completely different. it is the sector report. legal drag racing. i don't know how we got to this, on public roads. jeff flock is in pontiac, michigan, right outside of an auto plant there, he will give me a story about which i know nothing. dear lord. reporter: holy christmas. i am behind, i am in the front seat of a dodge hellcat. this is 707-horsepower. and today is the start of the woodward dream cruise, what they do is bring you all sorts of hot rods and race them legally on the street in woodward avenue. stuart: okay. >> this guy is burning some tires back here. this is resurgence of the muscle car. if there is any doubt about that, maybe what you see is a pretty good indication! of the kind of fun these people are having.
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stuart: can you put the camera back on me for a minute, i'm getting seasick watching this guy. >> give me the dramamine. stuart: stand aside. >> when we come back -- stuart: thank you very much. that is all i can take. >> i will -- stuart: can't -- [laughter] you know, legal drag racing on the streets of wherever he is. >> yes. stuart: good story. and it really was something totally different, right? >> yes. stuart: get back to the political news of the day. donald trump's campaign manager, paul manifort has resigned from the campaign. there is the headline. we'll bring you more in a moment.
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♪ >> remember "varney & company" starts 9:00 a.m. eastern. here's what you missed in the last hour. >> last night he gave an awesome speech in charlotte. he came out, i was so proud of him, i was there, he came out, listen i made mistakes in the campaign. stuart: that was new.eard that. >> he is politically incorrect guy. he never run as politician. that is not who he is. i thought it was cool. humble trump. that is the father i know. the guy has a heart of gold. he is amazing person. he is amazing guy. he is incredible father to all of us. ♪
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stuart: some stocks in the news. the dow industrials really
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coming back. it was down over 100 points. now it is down 20 odd points. we're back to 18,573. a little progress during the course of this friday morning. look at viacom and sumner redstone. they have an agreement. there is settlement going on here. the stock is up 2 1/2%. this is a very complicated story. liz, can you cut to the quick? >> they basically pushed out, reasserted control, shari redstone over the father, pushed out ceo phillipe dauman. he get as $72 million payout to go out the door. >> not bad. >> investors hoping viacom is stablized now given infighting going on for months. stuart: nice work if you can get it. is that the expression? we'll take that. >> 72 million. stuart: state department admits to paying iranians $400 million cash, right at the same time that four american hostages were released. they call it maximum leverage.
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i call it ransom. listen to how what syndicated columnist charles krauthamer said on "special report" last night? >> i think real issue here is not the fact that we did ransom, because i think people know that, and we do in a lot of disguised ways. we did a prisoner exchange with bergdahl, for example. which is worse than giving away money. is that they lied, and they lie shamelessly and they lie when the lie is uncovered. stuart: okay, the host of "war stories," that would be marine lieutenant colonel oliver north is with us now. that was pretty blunt from mr. krauthamer. they lied, and that is the worst part of the whole thing. ollie north says what? >> well, they have been lying about lots of things. they're lying about this not being ransom. they said it was simultaneous transfer. look, this $400 million was the very first thing the iranians asked for when i was sent to sit
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down with the likes of ahmadinejad and rouhani. that was the very first thing they wanted. turns out i'm a better negotiator than john kerry because in addition to the three hostages we got back, they paid us. we actually ended up with more money. i don't understand why these guys can't tell the truth. stuart, they have not told the truth about anything since they got in office. think back. the gun-walking, so-called "fast & furious" case. they tried to gaffe it off on previous administration. they're still lying about the exchange of nuclr technology and icbm technology between north korea and tehran. they're lying about what's happening as a consequence of the catastrophe in, that is going on in syria. all of this is a pattern that persisted in this administration since they got in town eight years ago. stuart: ollie, does seem that our foreign policy is collapsing especially in the middle east. i want to bring this to your attention. i'm sure you know about this. russian military vehicles and tanks have been massing on the western border with ukraine.
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i would suspect that something is brewing here. there are 80 days left in this presidency. something brewing, what says ollie north? >> clearly vladmir putin wants to take advantage of the weakness of this administration. he has done so consistently. what price did they pay for annexing crimea? if you look what is going on right now between the iranians and the russians, between the russians and turkey, between russia and backing up for assad in damascus, all of those things are totally contrary to our best interests. so the iranians, excuse me, the russians will continue to do things that they know this administration will be unable, unwilling and unhappy about but they can't do a damn thing about it because the long history of this administration is, lackadaisical, euphoric, nirvana when it comes to foreign policy. they will tell you, we're better off because of the way they act.
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dead wrong. stuart: ollie, i want to show that picture again. this may be disturbing to some of our viewers. this is video and a picture. that little boy. by the way on front page of "new york times," "wall street journal" and financial times. little boy injured, pulled from a bombing in aleppo on wednesday night. that is a shocking picture. i want to tell this straight. do you put any blame on president obama and hillary clinton for what happened in aleppo and what happened to that little boy? >> the, stuart the policy that we have toward the civil war in syria, the pullout that was done in december of 2011, all of those activities taking place today in syria, which are brutal, there is probably half million dead in the syrian civil war. there is 65 million refugees that are flooding all over europe, trying to get into some kind after safe haven as a consequence, not just of syria,
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but literally of entire abysmal failure of this administration's foreign policy, and they're doing nothing about it. stuart: we have 80 days left. ollie, thanks for joining us. lieutenant colonel, i get the rank right, lieutenant colonel oliver north is the host of "war stories," airses this sunday, 8:00 p.m., to 11:00 p.m. eastern time. ollie, if i can call you that. >> you can, anytime. thank you, sir. stuart: twitter, i like to go to individual stocks that may be moving because of a reason. the stock is not moving. listen to this. twitter has removed 250,000 accounts because they backed up isis or extremists. >> remember when the obama administration and presidential candidates blasted twitter not doing enough to remove radical terrorists from their sites after attacks in paris and san bernanadino. look at numbers. twitter is shutting down the accounts. you cited 250. that is the past six months.
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350,000 over the past year. they're shutting down 80% daily suspensions versus last year. so you know, a brand reputation issue for twitter. stuart: it is. >> they're ramming up their team to stop the abuse of other people on twitter. and people feel like they have to take a shame-cation. >> as soon as they shut down the account another one quickly pops up. they're trying to combat. stuart: they're making effort. got nothing to do with the stock. we're not implying that. that is a good thing they're doing it. the dow is don'tly -- only 30 points now. this is comeback friday maybe. more "varney" after this. ♪
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stuart: now take a look at this. >> our producer filling stuart coming in at top of the hour at 11:00 p.m. we have former miss california usa is fired up because "the new york times" twisted her words to attack trump. she is here on set to talk about that. and hillary clinton continuing to attack donald trump on his jobs and tax plans. we'll break it all down for you. we heard from the former speaker of the house newt gingrich on the new donald trump. roll that tape. >> the tone he has had all week, not just what he said, but the
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tone he has said it in, has been almost pitch perfect. this is, you clearly can listen to him and have a sense this guy could be an effective president, and he is increasingly emphasizing bringing us together in comparison to the divisive policies of clinton and obama.
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stuart: yes, everybody, it's the end of the week and this campaign has a whole new look. oh, what a difference a week does make. good morning, everyone. here is something nobody expected. an apology from donald trump. he said sometimes in the heat of debate you say the wrong thing, i've done that, i regret it. that's new. also new just the last hour we learn that had his campaign manager has resigned. that is new. trump is in louisiana, he's
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going to talk to flood victims. that's new. when was it a politician talked to victims. they are professionally produced. also of this, all of it, all of it a sharp contrast of opponents. president obama will stay on golfing vacation on martha's vineyard. he's not going to louisiana. hillary clinton is resting and we have the obama-hillary collapsing. hillary resting. hillary president defense and the president is playing golf. the third hour of varney about to begin.
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well, we are coming back nicely. 20 points down for dow industrials, we had been down over a 100. one stock in particular is moving while a lot of them are moving by viacom is, they and redstone have reached a deal that's favorable to viacom, $72 million, the stock is up. facebook, trying to keep you on the site even more, they want video game makers to make more video games that will keep you on the site. 5% stake and reportedly ramping up operations in europe. that's enough for 1 and a half percent gain. back to politician. hillary clinton continues to attack donald trump on his job's plan. she says that trump plan will cost america 3.4 million jobs. that's what she said.
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doug, american action forum president is with us now. what do you make of that? look, i know that you are on the other side of the ledger here that if we use trump plan's, we lose 3.4 million jobs? >> number one is the impact of the tariffs and opposition to trade agreements which they give a big impact from and the second is the tax cuts and military spending which thinks will cost interest rates to skyrocket and very deep recession. it's deficit and he has changed tax plan since then so we will see. stuart: it's so yesterday, isn't it? it's just so yesterday. you have an analysis of a tax-cutting plan that says it makes you lose jobs.
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i've been hearing that for a decade at least, you know. >> yeah, it's all centered on not the virtues of tax policy. they don't even discuss that. it's all centered on deficits and spike on interest rates. ten-year treasuries something that looks like 7 or 8%. that's in no one's outlook. stuart: another point of hillary clinton's statement that if trump gets in power and puts plan in place he be abolish the estate tax and that will benefit $4 billion. what do you make of this? >> she has made it a social thing. the reality there's increasing body of research that say that is the estate tax interferes and
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distort portfolios, stops small businesses from expanding and as a result the majority of americans think it is absolutely a bad idea and unfair to tax someone twice, once when they eastern the money and once when they die. stuart: could you call it reagan est, trump's plan? >> we certainly need a big tax reform. the tax code is harming our international competitiveness, it's harming the ability to grow, widely perceived to be unfair and hard to understand, so i say go down that road. you know, i think the best single plan we have seen so far is the house republican plan. he took a step toward that and i think that was a good move. stuart: donald trump is changing his tone. maybe he will move towards paul ryan's plan. that's quite possible.
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last word to you. >> i hope so. it's pass the tax plan. paul ryan has done good service. these are all solid plans. stuart: thanks for joining us as always. we will see you soon. >> thank you. stuart: take a look at the price of oil, $48 per barrel. our next guest says it's going to go $30 a barrel. he said that some time ago, steven said it and he's laughing now. [laughter] stuart: what went wrong? >> we did break below 40. we have had a significant rebound. keep in mind, when we are doing price forecasting it's not over the next week, it's over the next month, next quarter, going into the quarter.
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we paint with a broad stroke here and the overall tenure of the market given where we are in the season, given where supplies are i'm still bearish. i produced a daily letter on the note that helps with trading and hedging advising. all of our clients knew two weeks ago that we went bullish on oil. that's not based on anything changed in the view. the view is still the same. we had a deal report, what we have been saying that year, they've been overstating crude production in the united states. production here is much stronger than initially thought. we came out of the strongest demand season this summer and we have record amount of gasoline and we have record amount of crude -- i should say with crude oil the surplice is greater today than where it was at the beginning of the season and in the next month cruel is going to drop by a million barrels a day. it's still -- stuart: you're
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still there, okay. >> absolutely. stuart: our audience are not traders. we don't have an ad -- audience that don't do that. they want to know where the price is going to go because they think that's germane to stock prices. do we go up or down from $48 a barrel? >> one month out will be in tend of the season at the start of the low in the end of the season. i like oil prices, lower. stuart: lower. thank you very much for joining us. we respect and admire your work. we will see you again soon. >> appreciate it. stuart: there's all kinds of political developments today. we have not forgot the lochte problem. rio officials say those claims are false.
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he agree today a deal and donating almost 11,000 bucks to undisclosed charity, he got his passport back and allow today leave. two other swimmers, they were allowed to leave the country late last night. previously they had been removed from the plane. they gave their story, they came home last night. that's where that stands. the star ryan lochte left rio earlier this week shortly after claim of robbery. as of now he's allowed to stay in america but endorsements could be in jeopardy. twitter says he apologizes for not being more careful and candid on describing what had happened. i think they're now overall apologizing for everybody. liz: this broke moments ago. here is a quote from the u.s. olympics committee. on behalf of the committee we apologize to our host in rio and
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to the people of brazil for this distracting who -- ordeal. stuart: can i summarize like this? at this moment lochte is the villan. i don't want that to overshadow the brilliance of athletes in rio. eaton makes history. this is helen. she just won, she's happy. amicans rousa, they won gold and silver. new olympic record in the process. the united states has won 100 medals. ashley: almost twice as closest
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rivals. stuart: at least 13 dead, 40,000 homes damaged. 85,000 people have registered for assistance. donald trump just arrived in louisiana n. a few moments we will have someone in louisiana that's a victim of the deaf station that you're looking at, meanwhile president obama is out golfing for another day. remember when he blasted president bush for hurricane katrina. >> we can talk about what happened for a few days in 2005 and we should. we can talk levies that couldn't hold, about a fema that seemed not just incompetent, powerless and a president who only saw the people from the window of an airplane instead of down here on the ground
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stuart: what you're looking at is donald trump meeting with volunteers in louisiana, these are the people helping with flood relief. he's at the baptist church. i do not believe cameras will be allowed congressmen he talks one-on-one with groups or actual victims. he's talking now with volunteers, that's why the camera is there. i think the cameras come a little later. i'm going to stay on the flooding there. the worst natural disaster since sandy. 40,000 homes damaged, among them the business of mark piatza. small business owner, mark, you're on the phone, can you tell us what happened to your business? >> sure, we sustained substantial flooding in my business, which is a retail store in downtown abbyville louisiana. stuart: can you tell me how much water you got in the store?
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>> just a couple of inches but back in the warehouse we probably 6 to 8-inches of water there. stuart: what's the damage to your stock, it's an office supply company, can you give me a dollar number in what you lost? >> close to 20 to $25,000 in inventory. stuart: have you got insurance? >> no, we don't have flood insurance. a lot of people in louisiana can't afford flood insurance. stuart: are you going to be out of business? >> no, i won't be out of business but a trying time because not a lot of things are happening right now, everybody is still shut down. there's stillwater on the roadways. in some areas it's hard to get around. business is very slow. stuart: how do you feel about donald trump paying a visit to louisiana? >> well, i think any presidential candidate should make a visit to louisiana
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irregardless of what party they are. they need to be down here and see what kind of devastation we are faced. stuart: we appreciate you being on the program and we feel for your community, truly devastated. mark, abbyville, louisiana. thank you, sir, i appreciate it. today donald trump is visiting the areas hit hardest by the flooding. you see him on the left side of the screen. he's arriving. president obama is staying on martha's vineyard. he's on vacation and staying golfing. juan williams is with us, the cohost of the great show the five which i watch all of the time. >> good to be with you, stuart. stuart: i think the president is catching flak here because he's staying on vacation and donald trump is going to louisiana, what do you make of this? >> i think it's a mistake for the president. i think he should go. and i think when i stop and
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think about this i just don't understand -- in terms of recent history when president bush, it's an obvious example that the american people want you there. some people may look at you silly, i think the president is our comforter in chief. stuart: but when president bush went, he didn't want to get in the way of the rescue operation so he didn't go on the ground, he flew over. the media murdered him and kanye west said he doesn't care about black people. >> i don't think so much the trump goes, it's obama not going. i thought obama was going to go. i think jay johnson is gone. i do think it's incumbent on the president of the united states saying we have a crisis here.
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stuart: hillary clinton is resting today and tomorrow. did you read anything about that? >> about her health? stuart: that's been the line in a lot of publications that she's not well. >> i don't believe that. i do think it's late august, i think they have been under intense stress and she has to be geared up for an intense fall session in terms of debates and the like. stuart: i have been saying on this program that this week has marked sort of a transition week, donald trump has organized his message, the top guy in the campaign is now gone, last night he expressed regret. i never heard that before. it seems like he has reorganized himself and coming back strong. do you agree with that? >> no. stuart: no? [laughter] >> i talk with people in the political class and there's just nobody that he thinks that this is evidence that he has corrected himself. they see it as evidence of
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dysfunctional campaign. stuart: nobody in the political class? i talk to political that are strategist, political pollsters, fundraisers. stuart: what about juan williams himself? >> i do not think and i know many disagree with me about the speech in milwaukee, law and order speech when you had riots in milwaukee and you had an opportunity not only to speak to the police in milwaukee but to black people in milwaukee. stuart: all right. i think we will agree to differ. [laughter] >> it's friday. stuart: i will watch you on the five. >> thank you, that was very kind of you. stuart: it's a great book too. >> my pleasure. stuart: former miss california usa, she's a trump supporter and she's blasting the new york times of twisting her words to attacking donald trump.
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she's here and fired up. you will meet her in a moment. jeff in a dodge in detroit. [laughter] stuart: we will be back. watch this. >> okay, it is the first turn trying to steer. just trying to come down through that. a lot of speed, trying not to hit those walls, i got that one pretty decent. if i can just steer this one into a straight arrow line and i do and i have a world record run, yes. i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms.
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stuart: paul manafort, that guy resigned today. ashley: sources telling john roberts at fox, basically he says about ten days ago that he was going to need some help, steering donald trump in the right direction, he felt he pretty much warned out his welcome. he apparently was the one that recommended kellyanne and the russian interest was becoming a distraction and felt it was time
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--tuart: and he is out. got it. i have to get back to jeff flock. you saw him earlier, he's at the car factory. he's actually taking part in a legal drag race. jeff, i want you to explain, a, what are you doing and b, what's dodge doing, speak. jeff: i apologize for my incoherence the last time. i got tim with me, we are about to do the first street legal drag race in history in detroit. >> in history. people have been racing for over 50 years but never legally. jeff: let's get in the car. i have an orange that i'm going to get in or a gray one. i better get my seat belt out. a burnout, is that what we are going to do? >> burnout. jeff: here we go. okay. okay.
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now we are about to start. hay, lori. now we are about to have the race. this this is the first legal race in history. i tell you the muscle car is fast. they are trying to make it their brand. what do you think? are we ready to rock? you're going to lose me but hopefully not the race. here we go. stuart: all right, ladies and gentlemen, i think you have to admit that we have a friday field to show. [laughter] stuart: we bring you everything on the show. drag racing legal or otherwise. after the break, miss usa, she's fired up because "the new york times" twisted her words, it looked like she was attacking trump. she's actually a trump supporter. she's going to walk into the studio any moment and she's next
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.
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>> sometimes in the heat of debate and speaking on a multitude of issues you don't
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choose the right words or you say the wrong thing. i have done that and believe it or not, i regret it particularly where it may have caused personal pain. too much is at stake for us to be consumed with these issues. stuart: not heard that before, now have we? that was donald trump expressing regrets for things he said in the heat of the moment. he's froze in time right there on your screens. carry is a trump supporter. she has come all the way to new york to sort something out for us. you were quoted in "the new york times" which did a big piece about donald trump and women. it's not that you were misquoted, is that your words were twisted to make it look like you don't support donald trump.
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>> right. stuart: set us straight. >> so back when donald trump first announced that he was running for president, they had tried to get ahold of me to get me to talk badly about him and i basically said that i have nothing but good things to say about donald trump and that if you're trying to get me to say something bad, go find something else. there were several reporters that reached out to me and "the new york times" was one of them. they didn't like that. they decided probably thinking that i wouldn't clear the air if they wrote something, they wrote -- they took something out of my book and completely took it out of context as if i have this, you know, negative feeling about donald trump. stuart: like the rest of the article which was negative. >> exactly. it was a total hit piece and i think the american people are sick and tired of the liberal media doing that and that's why i'm here. stuart: it certainly fits a pattern because i've never seen a candidate with any election
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met with such hostility from the entire media? i've never seen that before, not to this degree, certainly. you're in new york to set it straight. set it straight. >> right, i want to tell you about the donald trump that i know. the donald trump that i know, he is a man of his word first and foremost. i consider him a loyal friend. back when i was in california he was one of the only people that stood by me at a time when i said something that was politically incorrect stating that i believe when i was asked at the beauty pageant about marriage between man and a women and i said yes, obviously it was. donald trump stood by me. he appreciated the fact that i stood up for what i believed in. stuart: did he help you with your business? >> yes, he did. he allowed me to write many book and gave me opportunities. i got to do a bunch of things on fox news back in the day, this is when i was 22 year's old.
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i'm 29 now married with two kids. i have nothing good to say about donald trump. he loves this country. i'm sick and tired of the liberal media trying to bash this man. this man is a good man. stuart: i have to ask you, did the trump campaign pay you to come to new york? >> absolutely. stuart: support, that's it? >> of course. stuart: have a lot of women come to you, you know, agree with you? >> yes, i want women to know that donald trump is for women, he's for all people. stuart: how did you get around that he did use some names which we don't like to use? >> you know what, we are not perfect. if that's the worst thing that he has done, i mean, look at hillary clinton, come on, the worst thing that he's done is tell a women not to eat a piece of candy. maybe she shouldn't have had the
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candy, who knows. [laughter] >> he's an honest man and i appreciate his honesty and integrity. i think people are waking up and they're seeing that they're not going to believe what the liberal media try to display him as. he's a good man and i will be voting for him. stuart: kathy, still standing, the author. >> thanks for having me. stuart: if you have been watching the show, donald trump's campaign manager manafort has designed. he has left the campaign. that was a shock there. look who is here right now. you know him. he's name is ed rollins and i want to know about manafort out? >> i think it's a good thing. you can't have a mixed team in
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the campaign. obviously kellyanne is going to be the campaign manager. you have a short period to drive the campaign. paul has a lot of stuff in the background that's coming out and you don't want that controversy to be wrapped around, the ukraine stuff and lobbying career and so my sense is you have an opportunity to move ball forward and two weeks to put this together. they are on the air with effective ad this morning. i think it's a good thing. no matter what would have happened, this is the third change of leadership in this campaign, you can't have a two-headed monster, you have to have one person in charge and i think they do now and this is the team that's finish it up. stuart: this is turnaround week or attempted turnaround week. two very big speeches, very focused. he says he regrets some of the things he said. i've never seen that before. he's starting a new ad campaign on television on battleground
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states. manafort is gone. is he going to be successful or it's too late? >> it's not too late. i took over a campaign, a poll where she was 25 points behind in the first week of september and i took over that campaign w. you can move to our home state. i'm in california. he was 19 points behind with three weeks to go and he came back and won, way before you were born but not -- not you but i'm talking about her. [laughter] stuart: nice try. >> i love you dearly but you're not miss california. you can come back. presidential is more hard. so the next three or four weeks are very critical. she's not over 50% anywhere. people still have serious doubts about her integrity. stuart: what do you make of this today?
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he's going louisiana, the president is golfing. hillary clinton we are told is resting today and tomorrow. do you read anything into that because there's been a lot of speculation not in the mainstream media but speculation about her health? >> i don't try and judge anybody else's health. what i would say to you -- and i don't judge anybody else's campaign other than a technical sense. he's doing something very smart by going there. he's going to get a lot of attention. the contrast between him and the president that's still golfing, you contrast that with the george w. bush. i think it's a great move for trump. i think in her particular case, you know, no one has his energy. he's 70 year's old and no one has energy like i've seen. it's not about how many visits but what you say. no one should underestimate. but here is the problem, she did have a serious injury a couple
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of years ago, any stumble will be highlighted measurably and everybody will be doing the same thing like ronald reagan. all he had to do is stand up there and be strong and he move it had ball forward. i think in her particular case we should never underestimate her and at the end of the day it's a close race. i haven't been asked to do that. i was supposed to have off with you too. stuart: welcome to the show. >> you dragged me back. stuart: you're out of time now so get out. thank you. check the big board. off the lows of the day. we were down about 105, i think, at one point. we are down 42. 18,500 on dow industrials. another developing disaster. terrible video. a fire tornado.
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it struck east of los angeles. this actually is the blue-cut wild fire, that's the correct name for it but that's a fire tornado. you don't see that. more details on that. what an extraordinary thing. this too, russian troops are gathering in the crimea border. dark clouds are gat -- gathering over crimea. earlier we had eric trump on the show. >> he has never run as a politician, that's not who he is and i thought it was so cool. i thought the humble trump and that's the father i know. the guy has a heart of gold, he's an amazing person (announcer vo) you can go straight home. (howard stern on radio) welcome to show business. (announcer vo) or you can hear the rest of howard. bababooey! (announcer vo) sorry, confused neighbors, howard's on.
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siriusxm. road happy.
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(announcer vo) you can commute. (man on radio) ...40! no flags on the play! (cheering) (announcer vo) or you can chest bump. yo commute, we got serious game. >> i'm nicole petallides. we've had some back and forth actions, however, we are still to the downside to the dow, down 42 points. the s&p down 5 and the nasdaq, though, has turned into the green. of course, everybody focused on rate hike is possible or maybe likely by the end of this year. that being said, nike and home depot are winners, exxon to the downside as oil pulls back after having surge. nike makes a supply chain.
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we do see nike as a winner. department of justice will be ending private prison and the plans an remodification of those contracts have now given the stocks a boost as they are both down over 20%. ross stores all-time high. gap and foot locker as i noted good sales numbers
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stuart: i'm going to show you
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the video again because i've never seen anything like that it. this is a fire tornado east of los angeles. part of the blue -- what's it called? ashley: blue cut fire. stuart: give me more. ashley: tornadoes are frightening but when filled with fire, oh, my gosh. 82,000 people out of their homes, there's some good news, the bad news it's only 22% contained but the other perhaps more positive news is some people are now being allowed back to their homes. interstate 15 which is a very major transportation route for business and commuters are reopened. veteran firefighters said they've never seen anything like that it. it's destroyed many homes and many businesses. this isn't over but there are stuart: that fire tornado, never seen anything like that. good lord. moving, on
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russian troops continue to gather near the crimea border, dark clouds are gathering over that area. ron paul is our guest who has written extensively about this. you don't want any foreign entanglements, you don't want to send troops there, you don't want to send weapons there, you want to stay clear of it. what's your interest in this? >> well, we should have done a lot less a lot sooner since we participated in the coup two years ago. our state department was involved, our ambassador was involved, and trouble has been brewing since then. and i think it's -- you know, there are problems over there on the borders. but there are two sides of all those arguments. and if you look at the russian's argument, they're plausible. they had crimea, you know, for a couple hundred years. so there's two different ways. the one thing for sure since i'm not going to tell what the russians to do or ukrainians what to do, but we should be aware of what nato's doing,
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what the european union is doing, and what the cia is doing, and how we're sponsoring one side over the other without looking at the people of crimea and eastern ukraine are actually wanting themselves. stuart: we've had a lot of people on the program, a couple of people on the program today who say, look, something seems to be brewing. now, i don't understand you don't want any part of this. but you joined -- join in that? this ominous feeling that something's brewing with 80 days left until the election? >> yeah. it may be orchestrated, you know, for distraction. who knows what. but, you know, in my statement the other day, i said that, yeah, something's brewing. we've got to watch it. it could be very serious. it could get out of control. but i don't think this is the beginning of world war iii. i don't think the russians are going to invade ukraine. and i don't think the ukrainians are capable. ukrainians were killed in crimea the other day because they did do sabotage
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there. but, no, i don't think aware on the brink of something like that. but politically driven conflicts like this sometimes have a design that we're not aware of until after it happens. stuart: ron, eric trump was on the show earlier today. we discussed his father's big speech last night. and what some people are saying is a change of tone. i'm going to run a sound byte from eric trump, and then i want to discuss last night's speech with you. roll tape. >> last night he gave an awesome speech. we were in charlotte, and it came out. i was so proud. but he came out and goes, listen, i've made mistakes in the campaign. stuart: we have not heard that before. >> i've probably said things -- he's a politically incorrect guy; right? he's never run as a politician. that's not who he is, and i thought it was so cool. i thought kind of the humble trump -- and, by the way, that's the father i know. the guy's got a heart of gold, he's an mason person, an amazing guy, been an incredible father to all of u u. stuart: okay. ron paul, that i know you don't care about trump, and you don't care about hillary clinton. i've
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got that. but you're in a very astute politician. and last night, donald trump changed his tone, and he said i regret some of the things i've said. what's your political judgment of that speech last night? >> he got good advice, and he followed it, and it's not going to hurt him, it's going to help him. the big question is does the tiger change its stripes? and, you know, donald trump is a tiger and the big question is will he really change? and that's a big question. but, no, i think the tone was different. and many people said that if the tone changed, something else. but donald trump has a tone, and, you know, a frequently, you know, not being precise on his positions. not so much not presize, but it might change. and the overall policies what i'm concerned about. but, no, i think that politically he did well and, you know, just like everybody else, you know,
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there's some ups and downs. you hear the propaganda that hillary is running away with it all. it -- quite frankly, i watch it, and i listen to it. but that's not my first interest. my first interest is, you know, dealing with sincere foreign policy issues and dealing with the federal reserve and economic policies, and we don't hear too much. stuart: no, we don't. long distraction about that. i wish we could get back to reality. ron paul, great on the show, and we appreciate you being here. thanks very much, sir. appreciate it. >> thank you, stuart,. stuart: sure. quick check of the markets. we were down over 100 points, now we're down 41. about two-thirds of the dow 30 are down. quick promo. tune in for a new episode of wall street week tonight anthony scaramucci interviewing 1800 flowers.com guy jim mccann. 8:00 p.m. eastern. more varney after this. >> changing the tax rate at the corporate level would be important rather than pushing
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companies who try to manage their tax rates. let's do it by good fiscal policy ♪
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paul man fort had resigned. and then eric trump after the resignation gave an interview with maria bartiromo. listen to this. >> i think my father didn't want to be distracted. paul was everything web helped us get through the primary process, he helped us get the delegates. and, you know, now you look at some of the other people bringing in, and they're absolutely fantastic and i think they're going to be the ones that bring us through to but, again, my father didn't want to have the distraction looming over the campaign and quite frankly looming all of the issues that hillary's facing right now. stuart: the distraction that he was talking about, i think would be the background -- ashley: the issue of his ties to pro russian forces within ukraine. and it's interesting because -- and a statement released by paul manafort said, look, i've worn out my welcome. i can feel i've done everything i can. of course i think that's all
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political speak. i think the issue here, stu is just what trump said. the distraction of the russian story. stuart: quite a week for donald trump's campaign. ashley: tell us week. he went through a really rough period there. let's be honest about it. stuart: but this week -- ashley: off the cuff comments got him in trouble. but i think the speech on the economy at the homebuilders association in florida followed by national security, following onto the speech he gave in milwaukee, and now the apology. i think he's gone from strength to strength. and the timing this week, now in louisiana. stuart: yeah. ashley: that is very strong for him while hillary clinton is quote resting and the president plays golf on vacation. so i think he grabbed what he lost oriole. stuart: you know, it looks like a new start. ashley: yes. stuart: that sounds like a very big deal. not quite as big as that. but it's a regrouping. ashley: uh-huh. stuart: it looks like he's trying to propel himself from the bottom, get back in this race. ashley: yeah,. stuart: i notice he's putting ads out today. ashley: yeah,. stuart: gone to louisiana. hillary is resting.
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ashley: uh-huh. stuart: the president playing golf. ashley: yeah,. stuart: and last night was one of the best received speeches that he has -- ashley: probably one of the best he's done. he actually came across as warm, sincere, and i think his apology speech was very well received by all around. so it's interesting, you know, we all thought when steve was announced that he was going to be much more aggressive, back to the old trump. here the first thing we hear from him is an apology. stuart: who would have thought? ashley: yeah, what? . stuart: we're almost out of time, but we will be back with more after this
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. stuart: breaking news, and it's bad news for hillary. she told the fbi that collin powell had said to her "it's okay to use a private server" nowly coinhas just said -- ashley: his office said they have absoluty el recollection where this dinner conversation happened.
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collin did use a personal aol for unclassified messages but used a state computer on his desk to manage classified documents. stuart: uh-oh. ashley: that's not good for hillary clinton. stuart: no, it's not. ashley: kind of refutes what she said. stuart: we're out of time. ashley: yeah,. stuart: charles payne, though, has a couple of hours to spare. go ahead. charles: thank you, guys. new changes of trump's leadership team and new changes to trump. this is cavuto coast to coast i'm charles payne in for neil cavuto. paul manafort is out of the campaign, this of course was telegraphed earlier in the week with conway and both now leading the campaign. sources saying that campaign chair paul manafort is stepping down because he might worn out his welcome. but questions lobbying for the ukraine could also be the real reason he left. this is actually something that eric trump all but confirmed from maria bartiromo. in an interview that will be aired on sunday, but here's a snippet. >> i think my father didn't want to be distracted by whatever things paul was

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