Skip to main content

tv   Varney Company  FOX Business  September 22, 2016 9:00am-12:01pm EDT

9:00 am
you caught me maria, i was talk to go one of our guests, i wasn't quite ready, but i am now. here we go. false claims on social media. that's what started it, and the rioting in charlotte is not over. good morning, everyone, the governor declares a state of emergency. the national guard has been called out. one person shot critically wounded. tuesday a black man shot by a black police officer posts on social media, said he was holding a book. wrong, say police. he had a gun. violence and looting for a second night in charlotte. now, this is now an election issue. hillary clinton needs the black vote. donald trump needs to make inroads with black voters, both are responding to police shootings. bring back stop and frisk, that's what donald trump says. we've got to do better, too many people have lost their lives. that's what hillary clinton is saying. to the polls, which do not yet
9:01 am
reflect the charlotte riots. the fox poll shows that trump leads in three battle ground states, including all-important ohio. a racially tense nation. 47 days until the election. wait until you hear the news from yahoo!. "varney & company" is about to begin. ♪ >> it has been that the investigation is still ongoing, that we do not have pieces of evidence. that we want to have everything in place to complete the picture and make sure that the investigation has the highest integrity. we also wishes to the scott family and they'll be seeing it today, i understand. stuart: repeat that, that was the mayor of charlotte with maria this morning, today the police will show the body
9:02 am
camera to the family. and that may be released to the public later as well. the anger over this incident started with a disputed social media post, give it a timeline. ashley: that's what triggered this. that woman claimed to be the victim's sister, keith scott's sister, live streamed video for some 30 minutes in the aftermath of the shooting, saying that he was unarmed. he was sitting in a car reading a book waiting for his son to be dropped off by the school bus. he was shot because he was black. all of this on this live stream. meanwhile, as you say, charlotte police chief coming out yesterday saying that's just not true. he had a gun, we recovered the weapon. he was told with loud verbal and clear commands for the subject to drop the weapon. police say that has been corroborated by witnesses at the scene. no book has yet ever been recovered. so, that is the difference in the accounts. stuart: what a dreadful example
9:03 am
of social media rushing out there with a report which i believe was inaccurate and a riot followed. what a terrible situation. what is happening in charlotte continued, it's become an election issue. donald trump says nationwide, stop and frisk should be part of the solution. roll tape. >> i see what's going on here, i see what's going on in chicago. i think stop and frisk. in new york city, it was so incredible the way it worked. now, we had a very good mayor, but new york city was incredible the way that worked so i think that would be one step you could do. stuart: that's law and order trump stop and frisk, bring it back nationally. joining us now is a former prosecutor joining us in new york. katie, welcome back. >> good morning. stuart: is stop and frisk legal? >> stop and frisk, i don't know why everybody is using that phrase in perry versus ohio, cop has reasonable suspicion to
9:04 am
believe that a person has committed, is committing or about to commit a crime can stop that person and stop and pat down that person if they believe the person is armed and okay to do it. stuart: i keep hearing that it's unconstitutional. >> there's a 2013 court decision to say it's unconstitutional why? because of the concerns of racial profiling. that's the conflict that exists. are you doing it because you legitimate think that person is a bad dude that's about to do something wrong or done something wrong or because of a particular race. stuart: if donald trump becomes the president and imposes stop and frisk, will you have to stop an equal number of black people, white people and asian people within the law? >> there's already built into that decision, a stop gap and
9:05 am
the decision says that the cop has to have specific facts as to why they stopped and frisked that person. there's already the ability to make sure that the threshold is met so there's a constitutional measure taken when the cop operates. stuart: i know you're a former prosecutor. i don't know whether you were ever a prosecutor in a district which had stop and frisk? >> sure, we all apply it. state court, federal court. a supreme court decision says it applies on every level in every state. stuart: so in your experience, does it work? >> it works, but it works when cops follow the law and they make sure that they're not doing racial profiling and we look and see what's happening in charlotte right now. it's racial tension, you can't ignore that. with trump saying stop and frisk across the united states, if you do what's constitutionally appropriate, it should be okay. stuart: katie, very clear-cut. you must be a lawyer. >> i try, i try. come back soon. let's look at the markets.
9:06 am
it looks like we're going to be up again at the opening bell. look and the fed says no rate hike, and the expression, for the time being. clearly we've not had any of the four rate hikes that have been predicted by the fed this year. they haven't happened. there's always december, of course, but that's another story. are we going to get there? we'll be up 80 at the opening bell. a report that yahoo! had a massive data brief. effective, wait for it, hundreds of millions of users, hundreds of millions. maybe it's another black eye for marisa meyer just as the sale is in the works. >> and revealed possibly 200 million user credentials were leaked into the dark web. now, recode is reporting that yahoo! may confirm it a month later. this is jarring because they're saying-- we still don't know the depths
9:07 am
of the hack, some say 200 million. about a fifth of user base. some say it could be higher. it could really upset the verizon purchase of yahoo!. they want something like, i think, 3.8 billion or 4 billion for yahoo!. so we don't know if that yahoo! sale tag price is going down. stuart: you don't know who is liable. who knows? i certainly don't know the answer to that question about you i do know this. i can't think of what is left unhacked liz: that's jarring. it's jarring to viewers and users out there. stuart: when you're talking hundreds of millions breached israel will that's correct. stuart: that's jarring. what do they get? >> e-mails, addresses, information use today create fake credit cards and-- >> you're being sold on the dark web already, that information as of august for like 1800 a pop. stuart: really? >> yeah. stuart: donald trump narrowly
9:08 am
leads hillary clinton in several battle ground states, nevada, ohio. tom from real clear politics. welcome to the show. when you dig down deep. trump is ahead and gaining ground with independents, i get that. hillary's lead with women nairoing. >> up 6 points with women in nevada and 3 points in ohio. that's not good enough. she's trailing by 15 to 20 points among independents in all three states and another number that jumped out at me, stuart, is labor voters in ohio. union households. she's trailing donald trump by 2 points in union households. that's a frightening number for democrats and that's why he's ahead and has a decent sized lead. 5 points in the critical state of ohio.
9:09 am
>> now, what do you make of the wall street poll that puts hillary up nationwide, by 6 points? that seems to contradict just about everything all the other polls that we've seen recently. what do you make of it? >> well, look, this is-- it's one of the things, it's a 6 of point lead nationally is what they have, the largest that we have in our basket of polls in the real clear politics average 8 or 9 polls. it's down from where the wall street journal polls, the last one they took was the end of july, beginning of august, so there's been tightening since then and we don't know -- they haven't done a poll in between that, it's hard to do apples, to apples. it has a margin of error. it could be as low as three points. i wouldn't call it an outliar, but for hillary clinton on the national level. >> and the big picture here, that's what you call the big picture, trump is narrowing the
9:10 am
gap and some areas pulling ahead. is that generally accurate? >> it's generally accurate. the situation is this, stuart. trump has moved ahead in north carolina, ohio, iowa, nevada and he's dead tied with hillary clinton in florida. and that only-- even if you give all those states to him he's still about 265, 266 in electoral college he's short. other competitive states, virginia, pennsylvania, colorado, wisconsin, new hampshire, those we've gotten some data and those states show that hillary clinton's lead is about, anywhere from 5 to 9 points, so that's kind of her firewall. unless trump can breach that firewall and move ahead in one of those states he's going to come up short on election day. we've got several weeks left including the big debate. stuart: tom bevan, real clear politics. look at amazon, what a company, what a stock. straight up yesterday and it's going to be up this morning.
9:11 am
remember, please, the all-time high is $790 a share, it will open at 793, look at that. big announcement from facebook's mark zuckerberg and wife priscilla. after microsoft says it's going to cure cancer. zuckerburgs say they'll end diseases, and his wife will head that. and some 0 to 60 in three and a half seconds is not insane enough for those racing norwegians. >> racing norwegians? . straight face. greg abbott says texas is out of the refugee program. not enough proper vetting.
9:12 am
more on that in a moment.
9:13 am
9:14 am
9:15 am
>> i find it hard to believe. bed, bath and beyond. soft sales, soft profits said bed, bath and beyond and that company is going to go up. it's going to go up at the opening bell. and i spent a fortune in that place. higher sales of rite aid. the profits drop because of higher costs. that, too, will open flat or ever so slightly higher. no explaining that market. it's going to be up points when the opening bell rings. and here is a statement from governor greg abbott. the federal government lacks the ability or will to distinguish the harmless. and texas wwillithdraw from
9:16 am
the refugee resettlement program. any comment? >> i think the best line of the statement is empathy must be balanced with security and i think that says it all. it's all well and good to extend the goodwill and bring refugees in, but if they're not properly vetted they have no idea, as the letter says, we can't distinguish between the terrorists and those who do harm, if you know that, how can you bring them into the country. stuart: liz, i'm going to make this comment, i want to know why the refugees coming from syria are 99 point whatever it is muslim and less christian? >> it seems that the christians don't want to go into the refugee camps because they're afraid of being slaughtered. there should be more effort to bring them in. we're an open arms nation. there's no data base to query whether any of these people are terrorists ap that's the issue. stuart: we had a report the other day, there are 300,000
9:17 am
who want to come to america we don't know a thing about liz: they don't have-- the criminals here already and supposed to be deported and by the way jeff sessions, senator alabama, says no one from the administration has come to a hearing about this crisis at all. they're just blowing it off so he's really mad about that. stuart: look who is here, texas republican congressman louie gohmert arrived on the scene. no refugees, i'm a humanitarian, and is your heart in that. >> i'm absolutely a humanitarian and that's why our first job is to preserve and protect those within our jurisdiction and you can't be the shining light on a hill that draws people to you unless you protect the hill. and we have been bringing people in, it appears to be good-natured, but it's like a
9:18 am
psychologist once said, you show me a parent who is never said no to their child and i'll show you a child that grows up to be an incorrigible adult. you know, we have to be the government that protects and we've heard from the fbi, we can't-- we can't properly vet these. yeah, you give us the job, we'll vet them, but when they're coming from syria, they've got access to printing presses, they can do their own passports. we can't check them. and they've said at least in iraq we had access to all the government records, the criminal records. we knew who people were and even then we made mistakes. with the syrians, there is nothing to compare the data that they say is correct to see if it's correct. we don't know who we're letting in. when isis promises us they're getting their terrorists in with other refugees, they are
9:19 am
getting their terrorists in. we have an obligation to preserve our country. stuart: louie gohmert right there from texas. we appreciate you being with us as always. >> thank you, stuart. stuart: i've got news from the campaign trail, one of it. a top hillary clinton aide tells fox news that the moderators are going to treat her unfairly. ask her harder questions than what they're asking donald trump. the first debate is what, four days away. hillary's team already lowering expectations, perhaps deliberately. ahmad khan rahami mentioning isis in the journal he was carrying. and no mention of isis in the federal indictment against him. what's with that? more on that next. we ship everything you atcan imagine.n, and everything we ship has something in common.
9:20 am
whether it's expedited overnight... ...or shipped around the globe, ...it's handled by od employees who know that delivering freight... ...means delivering promises. od. helping the world keep promises. (ee-e-e-oh-mum-oh-weh)
9:21 am
(hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store.
9:22 am
month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this saving applies to every vehicle on your policy.
9:23 am
call to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at liberty stands with you™. liberty mutual insurance. >> a federal complaint by prosecutors omitted references to isis which have been contained in ahmad khan rahami journal which you see right there. katie, you were a prosecutor. why would the prosecution in this case, the indictment of rahami, why would it omit references to isis when there clearly were references in writing to isis in that blood-stained journal. >> i want to make something
9:24 am
completely clear. it's a complaint, a federal complaint, not an indictment. at the stage of a complaint, the government has 30 days to go before a grand jury and get an indictment. they can add as much or as little once they do that indictment. i suspect they may add more charges and language about the isis references in the journal and we see usama bin laden's name in the journal and other names and references to isis and al qaeda, but we don't see the word isis. i think it's a little disingenuous not to put it there. what's the harm? >> it's a political move. they don't want isis in there, the administration wants to say isis doesn't have a role here, we're not going to name it, or say islamic terror. stuart: it's a credible argument, stuart, why? because it's the fbi working with the doj and basically what we're seeing now is not necessarily doing what the public needs to see and hear. we see it with the hillary clinton e-mails, we see it with
9:25 am
benghazi, so maybe there is a connection, but really, you it could be a technical emissiomis but it's egregious. >> they can put it in there? >> they're not barred from putting it in. stuart: do you think they will? >> they sudden. thanks, disney taking heat for a halloween costume of the main character from the movie mawana. the character is samoan. and some are calling it racist. there's the costume. and more problems for yahoo!. this is a big story. they're going to confirm, likely to confirm a massive data breach, hundreds of millions of users data may be compromised. the stock is going to be up, the dow is going to be up moments from now. when a moment turns romantic, why pause to take a pill?
9:26 am
or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card.
9:27 am
there's no one road out there. stop taking cialis and get medical help right away. no one surface... no one speed... no one way of driving on each and every road. but there is one car that can conquer them all. the mercedes-benz c-class. five driving modes let you customize the steering, shift points, and suspension to fit the mood you're in... and the road you're on. the 2016 c-class. lease the c300 for $369 a month at your local mercedes-benz dealer. who don't have access thto basic banking,on people but that is changing. at temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. everywhere where there's a phone, you have a bank. now a person is able to start a business,
9:28 am
and employ somebody for the first time. the microsoft cloud helped us to bring banking to ten million people in just two years. it's transforming our world.
9:29 am
>> all right. thursday morning, we're going to open up that trading session in about 30 odd seconds. let's go back to yesterday when the dow was up 163. most of that gain came in the afternoon and after janet yellen had told the assembled fed watchers that for the time being, there's not going to be
9:30 am
a rate hike. that leaves open the possibility of december. the other factor, in today's market, is the price of oil. it is up over a buck per barrel. generally speaking, that works well for the stock market and we're going to open in two seconds' time, straight up. watch it go up, here we go. we're up 50 in the first couple of seconds and now we're up 56 and if you look on the left-hand side of your screen, green dominates. that means the dow stocks, all 30 of them, 29 of them at this point are up. it's opening up this thursday morning on the upside. quick look at the price of oil. because that's a factor in the stock market. ashley webster. he's got a vested interest in the ratio, i do. stuart: 46 a barrel for 0 ill. and an indicator is 1/2 of a percent and that's the nasdaq,
9:31 am
going strong, that's a new all-time record high, even better than the dot-com days of the late 90's. how about that. another day and, yes, another record for amazon. $795 a share. how about that, up six bucks today. 795. >> close to 800. very close to 800. look at this, recode. that's a technology website, basically, reporting that yahoo! may confirm a massive data breach today, which affects humps of millions of users. maybe that's another black eye for maris sa mayer. lower sales and profits at bed, bath and beyond, and it's an overall higher market. auto parts retailer, autozone, no change for the stock. lower sales at the drug -- the retailer rite aid and they're
9:32 am
dead flat at 8.09 a share. who is here? ashley webster, liz macdonald. larry levin and john layfield. let's go to the federal reserve, i say we'll get a rate hike if it's a president trump. i'm hinting at a politicized federal reserve. what say you, larry levin? >> i'm not sure whether it's trump or hillary it matters. there's a decent chance we'll get one in december only because janet yellen is backed into a corner and she's been saying she'll do it forever, but because of the market, but they need at some point, december is the best chance in recent times. stuart: john layfield, it looks like the market is discounting a rate hike this year because we're now up 117 points. what say you, john? >> i agree with larry. i think we're probably going to see a rate hike in december and that's what the odds are saying
9:33 am
and most people believe is going to happen. what the fed is talking about, raising interest rates by 2018 to 2 and a quarter which would help the stock market. it's a much more measured pace and that's much more important than the rate hike in december. >> we're up 120. what say you? >> the fed paints themselves into a corner and if donald trump wins, initially the fed could raise rates in november-- liz: but janet yellen says that politics plays no part. stuart: a huge breach in yahoo!. hundreds of millions of accounts affected. maybe this is a black eye, another one for marisa mayer. are you still a fan or what do you say about the likely huge data breach.
9:34 am
>> as they say, i'm out as a backer of marisa mayer. i own verizon and yahoo! and they don't know who is going to be on that. if this breach is as huge as they say it's going to come back to haunt them liz: the user credentials were sold on the dark web. >> the stock is showing no impact. it's up 10 cents as we see liz: waiting on the announcement. stuart: the formal announcement, liz, good point. big tech names, we watch them every day and all near record highs or at record levels. amazon, microsoft, facebook, google, all on the upside. i see microsoft very close to 58. facebook above 130.
9:35 am
alphabet well above, and which one would you buy? >> i like amazon. i think what they're doing is incredible, especially with the streaming service. i think they're going into a lot of content that's going to be valuable. i think that jeff bezos has done an incredible job. they were talking about getting rid of bezos, and now turns out it's a pretty good investment. >> do you own it, john? >> i do not. >> larry which of the big four would you buy, microsoft, facebook, alphabet. >> i think that virtual reality is a big deal. facebook owns oculus and as time goes on, it's a big thing. the thing a lot of people aren't thinking about, virtual reality. >>. stuart: i'm with you, larry. if they could solve the
9:36 am
seasickness problem, i'd be there. look at this. high of the day, we're now up 138 points. if you add to that yesterday's gain of 163, doing the math and that looks to me like a 300 point gain, 2:00 yesterday afternoon and 9:36 eastern this morning, up we go. ashley: thanks to the fed. stuart: two items of news on apple. conflicting reports on being in talks to buy the super car maker, mclaren, and the other story is that one research firm says that apple is the dominant force in smart watches. take that, you apple watch naysayers. 114 on apple right now. how about google? it has a new messaging name. allo. ashley: a greeting. stuart: i'm not mocking europeans. ashley: allo. stuart: it's with google's artificial intelligence. in other words, the story is
9:37 am
they're watching you. look at mylan, the chief heather bresch grilled on capitol hill over the price of the epipen. doesn't matter. the stock is 3% after a grilling like that, how about that. verizon in talks. >> looks like verizon, very interesting, they tried to make a push into streaming video, all kinds of video so now they're making this acquisition of a mobile video start-up company. and this comes on the heels, don't forget, they took in aol, 9 billion. they've made a slew of acquisitions and this streaming company that they're buying in particular was originally for youtube stars to make it and compete against google, which really didn't happen. now they maybe alternating their plans snap chat and the like. what is verizon up to? they acquired a led company and
9:38 am
i'd like to sit in the boardroom to get a big picture what the big plan it. stuart: wouldn't we all. thank you very much indeed. i believe some of our viewers may have heard me say, it's a great show and it is. liz: yes, it is. stuart: it's a great show and that's why you're watching. disney yanking this costume based on the movie mawana. it's got tattoos and-- >> and people's skin is not a costume. it's a brown skin body costume. they offered this a week ago and disney put out a statement, we regret it and sorry if we offended anybody. stuart: okay. moving on. facebook's founder mark zuckerburg and his wife have pledged 3 billion to prevent,
9:39 am
tour or manage all disease within their children's lifetime. earlier i said within their children's lifetime. ambitious? >> well, yes, it is. patricia chan a pediatrician, helping to spearhead this. they're funding the 3 billion, part of this will be 600 million creating a research center in san francisco, bringing in top researchers and biologists and what have you. they want to tackle disease and diagnostic tests and vaccines. stuart: i think it's terrific. if my microsoft using vast capital and technical reserves to try to cure cancer. ashley: the gates and zuckerburgs. stuart: that's where the technology money is going. flat-out great. nearly 20% of s&p 500 companies mentioned the quarterly earnings call and mention it as a red flag. what's at that about? liz: they're saying basically donald trump is the mother of all uncertainties and worried
9:40 am
about that and you know, it comes from officials like the gap, signet jewelers, saying a donald trump victory would hit consumer spending because people get scared. august retail sales should be noted went down. so, they're playing it out, it's an issue. stuart: okay. let's go to larry and then to john, first, are you worried for the market at the prospect of a trump presidency? >> yes, i am. not significantly worried, but i am worried because of his trade policies. look, hillary clinton was a certain person there and when she lost in michigan, she pivoted much to the left. that's worrisome. not as worrisome as trump. you want certainty in the market and trump is the big unknown. stuart: larry, how about you? are you worried about a trump presidency? >> no, i'm worried if we don't get a trump presidency.
9:41 am
i'm worried of the opposite, stuart. stuart: i want to thank larry and john appearing on the program this thursday. we appreciate that, thank you, gentlemen. check out the big board, we've backed off a few points, we're up 125 as we speak. next case, more riots in charlotte. racial tensions high. this is now a campaign issue, what both candidates are saying up next. also on the campaign trail, thousands showing up for trump events, just hundreds from hillary clinton. reminder, hillary has no public events today. she's prepping for the debate next week. more varney after this. ♪
9:42 am
9:43 am
9:44 am
9:45 am
>> the nasdaq above and beyond where it was, the dot-com bubble i should say. that's a record high for the nasdaq. riots continue in charlotte. i think one person shot critically wounded. just under two months until the election and this looks like it's now a political issue. charles is with us from the washington times. okay, charles, which candidate gets the advantage from the situation in charlotte and tulsa? >> i think that without a doubt, it's donald trump. i mean, you know, we've had eight years of president obama who, you know, for a whole host of reasons, you know, made lots of promises about making a lot of these people's lives better, and hillary clinton wants to continue those policies, continue basically, and she's running for his third term and quite honestly, stuart, i think
9:46 am
it's why, basically, anything that happens on the world stage or even here, seems to hurt hillary clinton and helps donald trump, whether it's terrorism abroad or here, and i think these riots are terrible. stuart: i just want today ask you about that, we saw these terror incidents in new york and new jersey over the past weekend. i've got the same question, which candidate is helped and why? >> well, you know, it's kind of interesting. donald trump doesn't have to win on the specifics, he doesn't have to present a who-point plan that everybody agrees with, all he has to do is point and say, look, these are the policies of hillary clinton and barack obama. and this is how they're going after isis or, you know, islamic terrorism or whatever. and look at the results. do you want more of that or do you want something different? and it's kind of the advantage that barack obama had running into 2008. he didn't have to explain anything, he said look i'm here
9:47 am
for hope and change and everybody was in for the change and worked very well for him. this is the situation for donald trump and why it's so important that he, you know, that he not go off on tangent that he stay presidential or whatever the phrase you want to use. you know, stay above the frey and talk about law and order. stuart: do you think he can do that, charles, at next monday's debate? because i'm pretty sure that hillary clinton will try to goad him, try to make him go off the rails and prod him? >> do you think, do you think maybe she'll try to get under his skin? >> i think so. >> if you'd asked me a month ago or month and a half ago i would have said it's going to be exciting to watch. i think it still will be exciting to watch, but what we've seen over the past couple of weeks is remarkable discipline that donald trump has exhibited and i think it's very likely that he does keep
9:48 am
his cool and he doesn't take any bait. stuart: i hate to ask you this question because forecasting the election, it's a tough job. >> it's a fool's errand and that's why you have me here. stuart: do you think the way is open for donald trump to get the electoral college votes he needs? >> i do. obviously, you know, he's got some work to do in a number of states, but, you know, what he's seven points down in pennsylvania. that's a very good state for him, you know, when you look at the democratic state, and that's a big state. and i think that if you were-- the fox news poll that came out and shows ohio and north carolina are, you know, have tilted to his advantage beyond the margin of error. that's big news and i think that if he continues on this, i think it's very, very possible
9:49 am
that he can win in the electoral college. >> very good. i thought that was going to be like pulling teeth. no, charles comes to the rescue. >> sure thing. >> good luck, sir, woo-- we'll see you soon. >> a check high for the day, we're up and every single one of the dow 30 stocks is in the green. this is an up day, ladies and gentlemen. up we go. 18-4 for the dow. and next, the tale of two campaigns. and thousands show up and all the seats are filled and overflow outside. it is a different story for hillary clinton and today, clinton takes the day off to prepare for next week's debate. we'll have more on this in just a moment. ♪
9:50 am
9:51 am
9:52 am
(ee-e-e-oh-mum-oh-weh) (hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store.
9:53 am
9:54 am
>> i've got this coming in, the u.s. grants permission to boeing and airbus, to export commercial planes to iran liz: 109 boeing planes, this is the big deal since the islamic resolution. this could be 15 billion between the two companies, it's a big deal. stuart: it is and we gave them the money to do it, okay. the first presidential debate four days a way. it could get 100 million viewers, that's the super bowl of political debates. hillary clinton, their campaign setting itself up for failure, lowering expectations. and here is the director of communications, moderators ask hillary clinton a set of harder questions because she's laid out detailed plans. they asked him easier questions because he hasn't put out any
9:55 am
detailed plans. harlan hill is here, used to be a democrat and now backs trump, ain't that right. >> that's right. stuart: that quote there is putting pressure on lester holt, the moderator of the first debate. putting pressure on him. absolutely. they're putting him on notice. they're saying if you don't give hillary a fair shake, and a fair shake to the hillary clinton campaign is basically giving her a pass because we know that hillary clinton has a demonstrated track record not being able to standing up to cross examining. if you pressure her on the issues she couldn't stand up to it and she didn't have a press coverages for 200 something days and to this day she's tried to nurture a very cushy relationship with the media that covers here. stuart: she's in a difficult position. she doesn't want to be coughing, i don't mean at that pejoratively and they're lowering expectations deliberately so maybe she'll surprise on the upside.
9:56 am
i think that's the tactic. >> absolutely, but i think it's going to be hard for her. the expectations are much lower for trump at this point, but look at the pal mary quote, it's an insult to the intelligence of the american voter or to everybody in this room to suggest that hillary clinton hasn't been given any advantage. this is the most favorable press corps any candidate has ever had. stuart: only a few hundred people, there you are. only a few hundred people showed up at hillary's rallies. at trump rallies you see literally thousands. it's an enthusiasm gap or looks like it, doesn't it? >> absolutely. and look, she's not going to be able to turn out the obama coalition, minorities, young people, and like myself. they're not excited about the prospect--
9:57 am
>> and she only have to slip a few points with african-american voters, and elsewhere. >> if she can't turn out the obama coalition she's not going to be the next president of the united states. stuart: thanks, harlan. the big board up about 140 points. and president obama's legacy, about to leave office. i say he's leaving a real mess behind. you'll have my take on that. the moment you saw-- you saw harlan hill for a second. hang on. [laughter] it's my show. and mark zuckerburg 3 billion to prevent, cure manage all disease within his children's lifetime. watch out, hour two varney next. these goofy glasses.
9:58 am
yeah. well, we gotta hand it to fedex. they've helped make our e-commerce so easy, and now we're getting all kinds of new customers. i know. can you believe we're getting orders from canada, ireland... this one's going to new zealand. new zealand? psst. ah, false alarm. hey! you guys are gonna scare away the deer! idiots... providing global access for small business. fedex. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. with it, i earn unlimited 2% cash back on all of my purchasing. and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... which adds fuel to my bottom line. . . n your wallet?
9:59 am
stuart: what a way to ena presidency. it was not supposed to be this way but the grim reality that barack obama is about to leave the stage and he is leaving a
10:00 am
mess much of it his own making. the first black president did not cool racial tensions. in fact he made them worse. he took sides. he invited blacks lives matter people into the white house. it did not cool anti-police violence. comes to america's middle class and economy. we're not back where we were in 2007. the middle class is still shrinking. all government, all the time, produced weakest recovery from recession since world war ii. overseas, foreign policy has been a string of failures. the reset with russia, the red line in syria. isis moving into the obama-created vacuum in iraq. china's military challenge in the pacific. north korea's nukes. the disasterous iran nuke deal. and the migrant invasion of europe set off by obama's failure in syria. that is a very long list. and let's not forget terror.
10:01 am
despite repeated attacks, president obama will not link terror to islam. and the authorities hands are tied when investigating muslims trying to kill us in america. no one takes pleasure in failure, especially when it is the failure of america's president. we are the shining light on the hill. "we are the world"'s beacon of freedom. we always will be. but if that light shines less brightly, everyone loses stuart: breaking news. the latest read on housing. existing home sales number, very important for people in the real estate market. ash? ashley: it is, down .9% in august. that is the second month in a row that this number has fallen. it is annualized rate of 5.33 million. which misses what was expected. part of the reason here the prices are going up an inventory
10:02 am
is down. that is making it harder for people to buy homes. they can't afford one or can't find one. stuart: jason meister, the man with the real estate market. we're down .09%. what do you make of that reading? >> housing is local. we have to look at each market but i think it will get worse before it gets better, stuart. we're still in a housing recovery. it has been eight years since the housing crash. i think we've been propped up by the free money and we don't have jobs. people pay for homes with jobs. stuart: i'm surprised, mortgage rates, liz, what did they come in, 3.4? >> 3.489 coming down from last week's 3.5. stuart: that is so low. >> that is so low and they're still not buying. ashley: hard to get a mortgage still. stuart: hard to get a mortgage, and you say because we don't have a vibrant job market people making the money.
10:03 am
>> correct. median household income has gone down. stuart: let's be clear here, full disclosure. you're a trump guy, trump surrogate. >> sure. stuart: your guy, mr. trump, famously held up the chart showing homeownership tanking since president obama's presidency. there it is. going straight down. if you're a trump guy, what would donald trump do to revive the housing market? >> jobs, jobs, jobs. stuart, he will take regulation off small businesses. get government off our backs so private sector can grow again. hillary clinton has not said anything about economic growth. she, her husband, bill clinton, signed community reinvestment act. that pushed loans on people who couldn't afford them. that caused housing crisis. it was not wall street fat cats, it was government. fannie mae and freddie mac. stuart: okay. ashley: they have to be good-paying jobs. so many jobs are created in the
10:04 am
service sector which is not giving income to get people into homes. >> that's right. you have the millenial generation still living in parents basements, large portion of them. 40% of existing home sales. we need to get them back into homes. stuart: 40%, normally, in normal times, if you can point to normal times, 40% of the homebuyers are millenials. >> that's right. stuart: youngsters, first-time piers. >> that's right. stuart: what is it like 20%? >> it is more than that but it is not enough. not back where they should be. they need jobs. that's what trump will do. stuart: okay. now we have some, i'm going to call them pretty negative existing home sales numbers. no impact on the stock market. we're still up 136 points. maybe that's because the housing market indicates not a great economy. so therefore we might not get the rate increase in december. along those lines? am i thinking right? >> i think that's right. stuart: jason, thanks very much
10:05 am
indeed coming in short notice on big day. we appreciate it. thank you so much, sir. oil moving higher despite a drop, well, because of a drop in the actual supply. we had those numbers the other day. oil up, stocks up. ashley webster ratio is holding up. how many times do you have to take a victory lap? ashley: every day. stuart: of course you do. here we go. seems like almost every day we talk about north record for amazon. look at it now! yes, $801 per share. it made it. 801 on amazon. >> could be the most valuable company in the world. apple still holds that. stuart: amazon has to be close. jeff bezos with recent run is third most wealthy person in the world. >> yes, he is. stuart: stock at 801, about that? record high for the nasdaq. the home for all the big name technology companies. facebook and microsoft, they are both trying to cure disease with the amount of money that they
10:06 am
have got. they're trying to do that. we have a guest on that later who is very big in the world of technology, talking about microsoft and facebook putting their billions to work in medicine. very interesting development. another night of violence in charlotte, north carolina. donald trump spoke to "fox & friends" about it earlier today. watch this. >> wow, here we go again. it is very sad when you look what is going on, it is very sad. it is very divided our country. and it is getting worse. so i'm not overly surprised to see it. it just seems that there is a lack of spirit between the white and the black. i mean it is a terrible thing that we're witnessing. we're seeing. i'm seeing. you look what went on last night in charlotte, a great place. and you just see it. there is a, there is somewhat -- i see it even going out. there is such a lack of, there is a lack of spirit. there is lack of something.
10:07 am
something is going on that's bad and what is going on between police and others is getting worse. stuart: he is approaching the subject rather gingerly. he seemed very much restrained on this particular issue from that interview this morning on fox news. high noon strategies president lisa booth is with us this morning. >> hi, stuart. stuart: i don't know whether you heard my take, mid tomorrow at the top of the hour, i was saying that this president is leaving with abject failure left behind. and i took a very strong line. where do you come down on the president's legacy? >> well i agreed with the case you articulated. i thought it was well-thought out and i agree with all of it. i think he is leaving a legacy behind of failure because president obama has served as divider in chief. he has not brought the country together. he further divided along racial lines.
10:08 am
you see that in poll, when voters asked question about unrest racially, people believe that racial tensions are at an all-time high. we're seeing that reflected in cities of charlotte right now as we speak. it is incredibly disheartening as an american who wants to he see this country united and wants to see a stronger country, rather than a declining country. stuart: what impact on hillary clinton? people say if hillary wins, it will be a third obama term. given that record of abject failure, i can't believe that is good for hillary clinton in this election? >> absolutely she would be an extension of president obama's failed policies. she said as much. praised his leadership. essentially all but said she will be extension of those polys polys -- policies. based off the fact she served as his secretary of state. she was the one that was spearheading the iran deal, spearheading and cheerleading the withdrawal of forces from
10:09 am
iraq which gave rise to isis has a foothold in 18 different countries. even in regards to the racial tensions we've seen. she has taken the side of "black lives matter." the "black lives matter" movement as opposed to taking the side of all americans. so of course she is going to continue those divides that we're seeing from a partisan perspective's well as racially. stuart: i just want to break away for a second. what you're looking at the left-hand side of the screen, elf. budget cosmetics company, elf beauty. it started trading. first time in the public marketplace, gone straight up, 45% higher. throughout the program you will see a lot of stocks quoted on the left-hand side of the screen. might be completely different of subject matter of interyou view, we're doing this because we have solid rally on our hands. you might want to see exactly where your money is boeing. next case, i will play for you and lisa, a sound bite from
10:10 am
hillary clinton questioning why she is not doing much better in the polls. roll tape. >> now having said all of this why aren't i 50 points ahead you might ask? well, the choice for working families has never been clearer. i need your help to get donald trump's record out to everybody. nobody should be fooled. he proudly declared himself 100% stuart: lisa, i want your response to that. you watched it along with the rest of us. your response please? >> we know that right to work states are doing much better off than those states that are not right to work. so she is wrong there. but, look, hillary clinton the reason hillary clinton is not doing better in the polls, look at president obama, regardless what we think of his policies which obviously you laid out and i laid out in the segment alone. regardless what you think of his policies he is exceptional campaigner. he was a very good candidate. he is also is an individual that
10:11 am
had a message, whether you agree with the message or not, he had a message. hillary clinton is lackluster candidate who has no message. argue ask any democrat what hillary clinton's message is they would not be able to articulate it. that is her problem. her only message is the blind ambition and wanting power of the presidency of the united states. she does not have a message. stuart: get your response to this. i will play a clip for you, hillary, appeared on the comedy show, "between two ferns." they did take aim at trump. watch this. get your reaction. >> sure. >> do you wonder what your opponent might be wearing? >> i assume he will wear you know, that red power tie. >> maybe like a white power tie? >> that is even more appropriate. >> when you see how well it works for donald trump, do you ever think to yourself, i should be more racist? stuart: what do you make of that, lisa? >> i think it is disturbing, because i think what we
10:12 am
desperately need as a country right now is someone who is going to represent all americans and wants to bring the country together, rather than continuing to see this country along the racial divide. and i really find it disheartening that president obama or that hillary clinton has so thoroughly embraced the "black lives matter" movement, who repeatedly said disparaging things about police officers, essentially threatened police officers lives. "black lives matter" movement put out a very well-thought out statement after the dallas shooting saying one individual should not paint the rest of the group with a broad brush. only if that logic was applied to police officers and equally applied to both african-americans and police officers in this country we would be able to approach it from a common sense standpoint. stuart: i was shocked by the question. lisa booth. >> thank you. stuart. stuart: breaking news we're monitoring for you. these are live pictures from northern new jersey. the town of ridgewood. the train station there, suspicious package. trains have been suspended.
10:13 am
we'll bring you details as they come in. i know that train station very well indeed. trains suspended there. you now this, hundreds of millions of yahoo! user accounts may have been hacked. their user information stolen. yahoo! may be about to confirm that news. the stock is up 1.3%. many muslims in america not adapting to the american way of life. a filmmaker speaks to muslims indianapolis. they reveal they would rather live in a muslim country like somalia. >> your choice, rather live here or muslim country. >> live in muslim country with my people. >> prefer to live in america or prefer to live in somalia. >> for me, so i maul yaw. >> live in saudi arabia? >> yes. >> live in america or live in somalia? >> i would rather live in somalia.
10:14 am
anything worth pursuing hard work and a plan. at baird, we approach your wealth management strategy the same way to create a financial plan built to last from generation to generation. we'll listen. we'll talk. we'll plan. baird. but with your determination, and a domain, website and personal support from godaddy, you'll join millions who have gone from idea to success. start your success with a $2.99 dot com domain for the first year at godaddy dot com.
10:15 am
...as a combination of see products.. and customers. every on-time arrival is backed by thousands of od employees, ...who make sure the millions of products we ship arrive without damages. because od employees treat customer service... ...like our most important delivery. od. helping the world keep promises.
10:16 am
10:17 am
stuart: ladies and gentlemen, we have records for you. google alphabet is 8hundred dollars a -- $800 a share, lifetime high. moments ago it was 802, 803, that is a all-time high. we bring you quotes because that is where the money is going. in their complaint federal prosecutors omitted references to isis, despite the fact that the word isis had been included in ahmad rahami's blood-stained journal. can you explain this? ashley: i can't explain what is not there. i can explain what is there, references to the anwar al-awlaki, american-born muslim cleric inspiration for isis. he called for the attack of nonbelievers in their homeland. there were a lot of references to isis. let's put it that way. i should note fox news contacted department of justice, said, why
10:18 am
aren't you talking about isis? they said, well, more charges are likely and references to isis may be included in them. stuart: now my question is, if we know that they are here, that they are living amongst us, how do we go get them and stop them? i will bring in lieutenant colonel scott mann, author of the book, going local to stop violent extremists. scott, you know what you're talking about. you train local police and authorities. so the question stands. we know they are here. how do we go get them, stop them from i will killing us? how do we do it? >> stuart, thank you for having me on. community-based approach. community based police something relevant as it ever has been. as green berets we learned the lesson the hard way. we've always been kind of a lawrence arabia force. first 10 years of the war after 9/11, we didn't do that. we focused walking the enemy down. what we learned is timeless. community based approach,
10:19 am
communities are the best anti-body defeating extremists. that's where it is at, my understanding of a community-based approach is maybe two things. number one, spy on mosques, to put it bluntly. number two use informants, is that what you are talking about? >> no, i think it is broader than that. in previous segment previewing what was coming up next, all the somalis want to live in somali land or somalia, that is the problem. we need to work with folks and moms, granddads, dads, that want to be here. stuart: what do you mean working with them? >> going into the communities making deep connections and relationships with responsible leaders of these community who will help those communities stand up against these violent extremists from the inside out, stuart. stuart: is that surveillance? >> you know, you can do some of that. that's okay but i'm talking about, there is a lot of people in these communities that are resisting isis and will resist violent extremism.
10:20 am
we're not working with them as closely as we could be. and i think we learned that lesson the hard way in afghanistan. stuart: who do we use to do this? people of locally, living locally and they're muslim. or, white christians? who do we use to do it? >> it could be both. obviously community based policing needs to be re-emphasized. it is great way of making local connections. working closely with non-profit groups that work in the area. i can tell you this, stuart, if you leave the marginalized communities to their own devices and local politicians and local police officers, you know what, every american you watching this, if they make deeper connections with communities outside of their own, if we leave them to their own device, you can bet guys like isis will do the work for us. stuart: scott mann, we hear you. we thank you very much for being on the show. thank you so is much. >> thank you so much, stuart. stuart: let's have a look at a market scan.
10:21 am
29 of the dow 30 stocks are in the green. that means they're up. this is an up day. the dow is up 130. harry s. truman the law and order candidate says -- donald trump the law and order candidate says, bring backstop and frisk. >> i see what is going on here and in chicago. stop-and-frisk it was incredible way it worked. we had a good mayor. new york city was incredible way it worked. i think that is one step i think we can do. the microsoft cloud helps us
10:22 am
stay connected. the microsoft cloud offers infinite scalability. the microsoft cloud helps our customers get up and running, anywhere in the planet. wherever there's a phone, you've got a bank, and we could never do that before. the cloud gave us a single platform to reach across our entire organization. it helps us communicate better. we use the microsoft cloud's advanced analytics tools to track down cybercriminals. this cloud helps transform business. this is the microsoft cloud.
10:23 am
month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all.
10:24 am
sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this saving applies to every vehicle on your policy. call to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at liberty stands with you™. liberty mutual insurance. stuart: i want to get back to that report of a suspicious package found at ridgewood train station in new jersey. the all-clear has been given. train service has resumed. 60 minutes late. 6-minute delays there. but all clear has been given.
10:25 am
look at it, yesterday's irs hearing. they were trying to impeach john koskinen. congressman luis gutierrez took the chance to slam donald trump. >> i love skittles. they come all different colors. they come all together in a bag together, right? all different colors and kind of like a rainbow. a lot of people on this side of the aisle we like that. every now and then, sorry, i will get a bad skittle. but i don't ban them all because i get one. because most of the skittles are pretty delicious. i like them. stuart: making fun of very serious issue. john koskinen laughing along with the crowd of course. but in that irs hearing, something very important emerged. that is not in the hearing but fox news dug it out. a report from the american enterprise institute how many
10:26 am
votes it cost mitt romney because of what koskinen allegedly did at irs. ashley: the irs suppression of the tea party movement, grassroots effort, that effort by the way, the tea party, generated a 3 to 6 million extra gop votes in the house races in 2010. based on that, this report surmises that the action of the irs probably accounted for five to eight 1/2 million votes that did not manifest themselves for mitt romney. obama won by five million. romney could develop well, according to this report have won the election. liz: to ashley's point, republican won the house. democrat lost the house midterms 2010. we had 10 top senators writing letters to the irs saying we're going to change legislation. you have to step up and watch what is going on with the tea party. stuart: gop won in 2010 because of the tea party. ashley: with big push from tea party. stuart: irs was suppressing tea party which cost about five
10:27 am
to eight million votes in the 2012 presidential election if. ashley: that is what happened. liz: under pressure from democrat senators threatening irs at that time. stuart: irs did that and had impact on election. and they got away with it. for heaven's sake. good lord. facebook chief mark zuckerberg and his wife are giving $3 billion to cure all diseases in their childrens lifetime. huge tech money going into medicine. got to love it. how about this? china's first space station comes crashing down-to-earth. called the heavenly palace space lab. officials say it will burn up in the atmosphere. some big chunks get through. maybe 200 pounds. nobody knows where the debris will land. it won't land until next year. back in a moment. ashley: maybe in the studio. liz: yeah.
10:28 am
you're not a cook, if you don't cook. you're not a firefighter, if you don't fight fires. you don'. and you can't be our leader, if you don't lead. our next president needs to take action on social security, or future generations could lose up to $10,000 a year. we're working hard, what about you?
10:29 am
hey candidates, do your jobs. keep social security strong.
10:30 am
10:31 am
stuart: we are expecting donald trump momentarily in pittsburgh. he is going to be talking about energy. he could also address the situation in charlotte. we're going to take you there when he starts talking. and this. another night of violence looting, attacks on police in charlotte. meanwhile donald trump appearing in a town hall event with sean hannity says, he is proposing nationwide stop-and-frisk. you watch this. >> i see what is going on here. i see what is going on in chicago. i think stop-and-frisk in new york city, it was so incredible the way it worked. we had a very good mayor. new york city was incredible the way it worked.
10:32 am
that is one thing you can do. stuart: critical wright, frequent guest on this program. crystal welcome back indeed. >> thanks. stuart: i can't imagine that a nationwide stop-and-frisk program will be popular with black folks. is it? >> i don't know why it shouldn't be popular with black people. stuart: hold on a second. look, i understand resentment if you're being stopped and searched. >> sure. stuart: and you happen to be black along with all the other people who are being stopped and searched in that area. >> sure. stuart: i do understand resentment, do you? >> stuart, i was going to tell you, i kind of agree with you. i've been profiled in retail environment because i'm a black woman. the black security guard thought i was stealing something. did i like it, did i resent it? of course, stuart. the very people would benefit from stop-and-frisk as donald trump said are black folks n new yorkity we know
10:33 am
crime went down. and people stopped carrying guns illegally because they were in fear of being stopped and frisked. here is reality, stuart, in cities across the country, right now we saw in chicago, we're seeing in charlotte, it's the face of violent crime according to the fbi, all the data shows, it is black males. do i like that? no. but i want it stopped. the very people that will benefit from stop-and-frisk don't want it. right? i get it. stuart: the top of the hour, about half hour from now, donald trump is speaking in pittsburgh. we understand that he is likely to start out his remarks commenting on what's been happening in charlotte. if he want a greater share of the black vote, what would be your advice to him today? what should he say about charlotte? >> i think saying what he has already said. showing sympathy andempathy, especially his remarks about terrence crutcher. i got to tell you, stuart, watching that video of that man with his hands up, being, i know
10:34 am
the facts aren't in but it is disturbing like donald trump said. it is disturbing to see a black man like this in front of his car gunned down several times by a police officer. i get that. however, i think in addition to showing empathy and saying look, i get why the black community ask outraged but the way to achieve social justice not through very violence you're protesting against, right? he needs to harken back to the days of martin luther king. he also needs to say what he said in that church in detroit. i'm here to listen and learn. yes, i understand discrimination still exists. and then take it from there, right? i think black people want to know, that donald trump is willing to listen and he actually wants to make their black lives better and he is there to ask for their vote. that is all they're saying. make the case to us, donald. give us the reason to vote for you. stuart: got it. crystal wright, right on point, thanks so much for joining us as always. >> thanks, stuart. stuart: on left-hand side of your screen, you will be he
10:35 am
seeing a lot of stocks being quoted and price of oil being quoted because we have an up day today. the dow industrials right now up 153 points. that i believe is the high point of the day. if you combine today's gain with yesterday's gain, it has gone up more than 300 points. oil up. stocks up. but yes the famous ashley webster ratio holds. ashley: just send money. stuart: yesterday we told you about a report from the financial times. it said apple is talking with british supercar maker mcclaren. they die the ft report. they stand by their report. lance ulanoff, i got it right. admit it, i got it right. >> pressed it a little bit but you did it. stuart: you're with mashable, aren't you? >> yes. stuart: topfy in technology, aren't you? >> according to you, sure.
10:36 am
stuart: seems to me that a lot of sense apple with megabucks to talk to a very upscale carmakers about the cars of the future which will be rolling computers. make sense to me. >> everything about that make sense except for in claire ren, this company makes extraordinarily expensive cars for rarefied and few set of people. apple makes products to the mass. they like to sell to scale. their products are more expensive than competitors. doesn't seem to matter. they get bottom. be a apple has been in the car business for years. they scaled up hiring a lot of people. all in secret, nothing confirmed. then we heard they laid off a bunch much those car people. sop apple will work on projects for a long time and won't always come to fruition. i look at apple tv, making actual tv sets as similar situation. stuart: this is kind of a trial balloon. maybe there is something or not. mcclaren is extraordinary car.
10:37 am
>> apple wants to learn something. making smart batteries for electric cars in the future. that is where applehas impact down the road. stuart: i was intrigued by the idea of apple and mclaren. >> like two tiffany companies. stuart: they will do 200 miles an hour. that is my intrigue. microsoft will try to cure cancer within 10 years, putting resources in it, both technical and financial. we hear the zuckerbergs at facebook are putting 3 billion into curing alls its in their children's lifetime. lofty goals. i think this is terrific. that is technology money going where it is really going to do some good? >> this is fantastic. they are certainly not the first. common theme here is applying sort of technology solutions to biological problems. stuart: right.
10:38 am
>> so much of it has to do we've been collecting data for years. all different places. for example, the american cancer society constantly collecting data about human beings and cancer, and everybody said we have so much data what do we do? even before microsoft and facebook we're talking about this. ibm and watson have been looking as well. american cancer institute with 14,000 documents,0 different types of cancer into the system. why? same reason microsoft is looking at i. machine learning, natural language processing doing something humans can't. can one human know about all the various cancers and complications, all the different possibilities? no. but a computer can come up with solutions in heartbeat. stuart: facebook and microsoft have the money, billions and billions of dollars. they have the technical expertise. >> that's right. stuart: and they have got the data. now you see huge technology companies getting into the medical business. i love it.
10:39 am
flat-out love it. >> applying, looking at disease as an algorithmic problem. that is what is happening here. stuart: okay. lance ulanoff, mashable. all around good guy. thanks for joining us here. great story. i'm intrigued by this i love it. i really do. however i got to report what might be bad news at yahoo! there is tech news website, recode, they say that yahoo! had a massive data breach, affecting hundreds of millions of users. nicole at new york city. that might be a black eye for marissa mayer? >> this has potential to be huge. right now no doubt from marissa mayer who has been under fire since she came into the roll. yahoo! up about 1%, but question is recode, says that they will come out, yahoo! will come out to explain, eelaborate of
10:40 am
compromised data of several hundred million yahoo! users. yahoo! has not said anything. this comes out in early august when another report from mother board after the possible deal with verizon communications, again there was a cyber criminal named pete who was selling hundreds of millions of users private information. so maybe you want to go ahead and resetting passwords? i don't know. we'll see by end of the week, early next week. we learn more. stuart: how many passwords do i have to reset? ashley: i know. >> tell me about it. stuart: okay. nicole, good stuff. thanks very much indeed. now this, muslims in america, specifically in minneapolis, minnesota, do they prefer islamic law or american law? more from this in a moment. watch it. >> do you feel more comfortable living under american law or do you feel more comfortable living under sharia law? >>, sharia law. >> i'm a muslim. i prefer sharia law.
10:41 am
>> cherie raw law, yes. >> you prefer sharia law over american law? >> of course. of course.
10:42 am
ashley: remember "varney & company" starts 9:00 a.m. eastern. here is what you missed last hour. >> our first job to protect those within our jurisdiction. and you can't be the shining
10:43 am
light on a hill that draws people to you unless you protect the hill. we've been bringing people in. it appears to be good-natured. like a psychologist once said. you show me a parent who is never said no to their child, and i'll show you a child that grows up to be an incorrigible adult. we have to be the government that protechs. this man creates software, used by this bank, to protect this customer, who lives here and flies to hong kong, to visit this company that makes smart phones, used by this vice president, this little kid, oops, and this obstetrician, who works across the street from this man, who creates software. they all have insurance crafted personally for them.
10:44 am
not just coverage, craftsmanship. not just insured. chubb insured.
10:45 am
stuart: the police chief in charlotte, north carolina is now addressing the media. so far he has said we need more after police presence. the national guard will help. we're protecting buildings. listen in, please. >> things that they see. because i can tell you, we use those opportunities to fully investigate all crimes, and all allegations that are made relative to what goes on in a chaotic scene. would i be remiss if i didn't thank again the community, for your support, because i can tell you the vast majority of showing us supportive situation that i think is unique to charlotte. i also have to thank the heroes,
10:46 am
the officers and now the national guard and the state highway patrol who are going to be a part how we protect our fine city moving forward. stuart: we're monitoring that situation at that news conference i should say. news developments. we'll bring them to you very quickly. got to go to minneapolis, home to one of the country's largest concentration of somalis. filmmaker, ari horowitz, recently took to the streets there to gauge the attitudes of residents. he asked must preliminaries if they prefer islamic law to american law. watch this. >> do you feel more comfortable living under american law or do you feel more comfortable living under sharia law? >> i, sharia law. >> i'm a muslim. i prefer cherie you yaw law. >> cherie raw law, yes. >> could would it be better in america to make it illegal to make fun of the prophet muhammad? >> definitely yeah. do you think we should make a law --
10:47 am
>> that would be better, stop aggression. >> your choice, rather live here or live in muslim country? >> i would rather live in muslim country with my people. >> would you prefer to live in america or live in somalia. >> for me, somalia. >> you prefer to live in saudi arabia? >> yes. >> would you rather live in america or somalia. >> i would rather live in somalia. stuart: there is somewhat similar situation elsewhere. uk poll earlier this year found one in four muslims in britain want to introduce sharia law. 50% want to jail gay people. joining us now former advisor to david cameron, britain's prime minister. author of this book, more human. his name is steve hilton. he joins us here in new york. this is, this is really about integration, isn't it? it is true all across the western world. a significant number of muslims who are here do not wish to be here under our system of laws. >> yeah. when you see those interviews it is completely outrage just, the
10:48 am
essence of a country is that you have a rule of law applies equally to everyone. that is what a country is all about. it is even more true in america where we have a constitution that is the envy of the world, that sets out rules which we all have to live. this is really what i think trump for example, is driving at, when he says that the people that we want to welcome into our country, we do want to welcome people, because we are a country built on immigrants and so so o, they have to understand what it is all about, what it means to be an american. what it means to live under the rule of law as defined in constitution. stuart: so really, he is talking about it is a lee religious test. it boils down to a religious test? >> that is why it is completely nonstarter. we had debates over here and also true in the uk. one thing struck me looking at those interviews, some people here saying i would rather live in saudi arabia or somalia, the
10:49 am
really interesting thing, if you look at polls conducted in saudi arabia or in somalia or in wider middle east, or other countries, overwhelmingly, young people want to live in america under our laws and under our constitution. stuart: what are we going to do about this? i don't have any solution to this but i see a huge problem emerging. a very divided society. look at france. what is it, eight or 9% of the population is muslim? mostly, i mean in a separate area, living separately, culturally separated from the mainstream population. what are they going to do? >> there are some huge issues. there are practical policy issues. for example, the way that public housing is organized. the way that urban planning works. all these things that you could say a part of the detail of normal political life have actually contributed decade after decade to this isolationism and division within our societies. you've got to deal with it at that level everywhere. stuart: but you can't?
10:50 am
you can't deal with it, can you? what do you do? >> you have to -- stuart: you're not allowed to say no. >> you're right. stuart: you can't do that you're not allowed to say that can't do it. >> there was interesting report done in the uk after some riots, i can't remember exactly when it was, going back 10 years in olden, there was report exactly on this subject. it was actually surprised a lot of people because the guy who was commissioned to do it, basically someone from the left, a professor, who looked into this, said we've got to reverse decades of multiculturalism the way we allowed -- stuart: reverse? >> took people by surprise. it is the right answer. we have to be open about the fact it is one country, one rule of law. we've all got to respect each other's faiths, that's right, but we can't dominate insist our way is the way everyone else has to live. stuart: you can not have a large section of your society at odds with your culture and your values. it doesn't work. >> exactly right. stuart: that is my opinion.
10:51 am
steve hilton, always welcome to have you back. come again soon. thank you, sir. happening just moments from now. donald trump is going to take to the stage in pittsburgh. the focus for main body of his speech will be america's energy policy. he is also going to address, we hear, the situation in charlotte. we'll take you there, when it starts. ♪
10:52 am
10:53 am
(ee-e-e-oh-mum-oh-weh) (hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store. approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in.
10:54 am
like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people
10:55 am
50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ stuart: coming up at top of the hour, donald trump will give a speech on energy policy in pittsburgh this morning but he is also expected to make a comment on the riots in charlotte. his plane by the way just landing in pittsburgh. he is expected to arrive at the event shortly. of course we'll take you there live when mr. trump begins to speak. take a look at this. our producer christine filling stuart in. hello. there is emac grabbing a doughnut. cup of tea.
tv-commercial
10:56 am
hopefully one for me. coming up at top of the hour, bret baier talks about the trump's lead in the latest swing state polls. we'll look ahead of course to monday's debate. everyone looking forward to that. judge alex is here to discuss trump's proposal for national "stop-and-frisk" policy. we'll also be talking to a former secret service agent on the feds missing warning signs on several cases of terror in america. plus, oh, yeah, we'll play you video of hollywood elites campaigning hard for hillary. hmmm. hour three is three minutes away.
10:57 am
10:58 am
do ..
10:59 am
everyone thought i was crazy to open a hotel here. everyone said it's so hard to be a musician, but i can't imagine doing anything else. now that the train makes it easier to get here, the neighborhood is really changing. i'm always hopping on the train, running all over portland. i have to go wherever the work is. trains with innovative siemens technology help keep cities moving, so neighborhoods and businesses can prosper. i can book 3 or 4 gigs on a good weekend. i'm booked solid for weeks. it takes ingenuity to make it in the big city.
11:00 am
stuart: moments from now we are going to see donald trump appeared -- hold on a second. let me clear this out. breaking news coming in from charlotte. put that back up on the screen. i've got to read this promptly. put it up. breaking news from charlotte. video of the police shooting up the black man does not not definitively show the man pointing a gun. that is from the police chief. he just said that. the video does not definitively showed the man who was shot by police pointing a gun. got it. moments from now, donald trump takes to the podium for another major policy speech. today is going to be about energy. that is the subject has received very little attention. that is unfortunate because
11:01 am
energy is key to america's future position in the world. we have within our borders enormous reserves of oil and natural gas. will he be allowed to use it? is there. can we go get it? donald trump will ask a question. his answer is going to be yes. the available domestic energy is key to reviving the economy and lowered prices to consumers in bringing back manufacturing. plus we wouldn't be buying so much oil from countries that hate us. energy independence, go get it. exposing a expansion of basel cell production. full support of renewables like wind and solar but not boiling gas. certainly not cool. why? she believes climate change is a real danger and we must reduce co2 emissions from fossil fuels. on this issue, the two candidates are miles apart. you're about to see trump cited
11:02 am
the energy debate also expected to make a statement about the rights in charlotte. the third hour of trade in seven starts now. -- "varney & company: starts now. stuart: we will take you to mr. trump when he starts speaking. first come the new fox pulls her battleground days. in nevada, trump leads. it is 47 north carolina. can we see nevada, please? let's see what we've got in nevada. 46-42. i'll go to ohio which is trump 45, clinton 40. trust me, those are the latest swing state polls from fox news. "the wall street journal" poll shows clinton leads terms nationally by six-point.
11:03 am
special report host brett baier is with us now. first of all, which he do at the fox news swing state polls? that seems to show a trend for donald trump. >> stuart, good morning. it does appear to show's donald trump on the move. what is really striking in this poll is not study fleeting within the margin of error, but that he is leading in these polls in independence by about 20 points in each one of these three cattle prod states. that's not good number of your hillary clinton in the campaign. hillary clinton has more paths to get to 270 electoral votes. it's kind of opening up for donald chung in nationally she is up -- shows that. the striking number can not pull
11:04 am
his donald trump 41. more honest and straightforward. >> do you dismiss the nbc poll, national poll for hillary clinton is six points ahead? that seems to be different contrary to most other national polls we've seen recently. >> i don't dismiss it, but i think it doesn't match the trend we've seen in other polls. of the last 12 polls, 10 of them have trended towards donald trump write about 2.8%. only two of them have gone hillary clinton's way. i don't think you see a major swing back the other way but we will see how this pans out. out of mind, these debates matter and to come up three points in each one of these days could mean the difference in the president vp at stuart: a very big deal. in advance of the debate, the clinton campaign seems like they tried to lower expect patience.
11:05 am
i mean double standard the moderators will be fair. the last tough questions oft do. what do make of that? >> donald trump says they're all democrats. the whole thing is rigged. he said a number of things about the debate format if they are a kind of setting the expectations game. expect patients are fairly low for donald trump and his basic premise, his basic mission is to get over the humble of convincing people that they could see him as president. >> i've heard a number batted around the audience of 100 million people. is that a stretch to you think? an enormous number. >> i don't. i actually don't think so. this is going to be the super bowl of politics. think of all this buildup, one
tv-commercial
11:06 am
giant commercial up until this first moment when they're both on the stage together and i don't think about 100 million is out of the realm of possibility which is a shocking number if you think about political debates. the last one was 60 million between romney and barack obama. dream to which you had to be lester holt? >> you know, i would. just because you're in the middle of it. someday i will be. lester is going to do fine. there's a lot of pressure especially after his own and turn all all the stuff written about matt lauer. i think he's going to do great. he's a good guy. stuart: brett baier, will be watching of course, the rich human politics. double whammy. some of us love it. >> i love it. stuart: thank you. we will see you soon. let's get to the charlotte prize. one person critically injured after another with night of rioting. an anti-police riot.
11:07 am
hillary clinton says violence from the police is unbearable. roll that tape. >> there is still much we don't know about what happened in both instances. but we do know that we have two more names to add to the list of african-american killed by police officers in these encounters. it's unbearable and it needs to become intolerable. stuart: monica crowley is with us. "washington times" online editor. and what your reaction to it hillary clinton just said. >> we don't have all the details about what happened and were hearing from the charlotte police video was inconclusive and she's right to that extent. here's the problem. mrs. clinton is to reconstruct the barack obama constituency. the coalition that elected him and reelect it had involved massive numbers of black voters who came out for him in droves. she needs black voters come out for her in the exact same numbers if not or so in order
11:08 am
for her to win this election. when she makes comments like that about what transpired in charlotte, this is her way of trying to globalize black voters and get them energized to come out and vote for her in november. stuart: will it work? isn't easy as that guy. i see big crowds for donald trump. is there enough enthusiasm they are to bring out the black vote in the same proportion as 2012? >> we don't know. that's an outstanding question and we'll find out november november 8th. the question is whether the obama coalition translates to her. i don't think it's going to peers certainly not in the same numbers. the destination is not widespread and deep support of the black community. she does phishing is to motivate them to come out of the and as you say the enthusiasm gap is really there. she has big support among black women, black men not so much. stuart: let me just pick a
11:09 am
number. if he gets 15% of the black vote is over. he wins. his numbers among the black community have been arriving. rome wasn't built in a day. even if he can score 12% from a 13% of the black vote, he's likely to win. stuart: stay there. a lot more for you this hour. check the big word. definitely the stock market. 2:00 eastern time. no great height for the time being. we are still going up now. but that $46 a barrel
11:10 am
11:11 am
we ship everything you atcan imagine.n, and everything we ship has something in common. whether it's expedited overnight... ...or shipped around the globe, ...it's handled by od employees who know that delivering freight...
11:12 am
...means delivering promises. od. helping the world keep promises. ..
11:13 am
11:14 am
>> we can't properly exactly. for the area, the big and do their own passports. we can't check them. he's not at least in iraq we have access to all the government records, criminal records. we knew who people were and even then we made mistakes. with the seriousness, there is nothing to compare the data that they say is correct to see if it's correct. sure into the news as texas has withdrawn from the resettlement program.
11:15 am
despite multiple requests, the federal government? the capability or the will to distinguish the danger is from the harmless. no more refugees. lieutenant general jerry boykin of the family research council joins us now. what about the humanitarian side of this? there are refugees who do need to come to america and it will be going to texas. >> the humanitarian needs need to be met by international consortium. that's not just an american issue and there are ways to establish humanitarian programs that will take care of those needs. i think lily is absolutely right. the solid narrative about that in this refugees. anybody has thought about it no-space is a ridiculous concept to begin with. you can bet these people. are you going to ask them if they have an eagle scout card?
11:16 am
this is a foolish narrative and we need to do all we can to help them with their humanitarian needs, but letting them and what they are not vetted i don't believe it's an option. texas is doing the right thing in my view. stuart: i've got breaking news on the wife of the bombing suspect, ahmad khan rahami. ashley: she's now back in the united states in pretty quick order. she was questioned voluntarily provided a statement to authorities there and is now back in the united states. it was a report issued in seven days before these bombings. not true. she left in june to head to pakistan. she turned herself into authorities and gave a statement and if now back in the u.s. stuart: that's an interesting sidebar to this story. come back in, general, please. we are more vulnerable than ever. if you can setup this explosion,
11:17 am
very easily and you've not been caught at the border when it came in from your trading in pakistan and afghanistan. it seems we are extremely vulnerable. >> clearly vulnerable. the number one job is to you feel safer th
11:18 am
11:19 am
>> i assume you wear that red power tie. >> or maybe like a white power tie. >> that's even more appropriate. >> when you see how well a worse for donald trump, do you ever think to yourself, maybe i should be more racist i don't want to live with the uncertainties of hep c. or wonder whether i should seek treatment. i am ready. because today there's harvoni. a revolutionary treatment for the most common type of chronic hepatitis c. harvoni is proven to cure up to 99% of patients... ...who've had no prior treatment. it transformed treatment as the first cure that's... ...one pill, once a day for 12 weeks. certain patients... ...can be cured with just 8 weeks of harvoni. harvoni is a simple treatment regimen that's been prescribed to more than a quarter of a million patients. tell your doctor if you've had a liver transplant, other liver or kidney problems, hiv, or any other medical conditions, and about all the medicines you take
11:20 am
including herbal supplements. taking amiodarone with harvoni may cause a serious slowing of your heart rate. common side effects of harvoni may include tiredness, headache and weakness. i am ready to put hep c behind me. i am ready to be cured. are you ready? ask your hep c specialist if harvoni is right for you. like how hard it's a-gonna fall. rain. the things it does to your parade. we've got a saying about rain too: when it rains...it roars. the all-wheel-drive lineup from dodge. domestic. not domesticated. now get 20 percent off msrp cash allowance for an average of $6,400 in savings on select 2016 journey crossroad models in dealer stock. the mistay connected.elps us the microsoft cloud offers infinite scalability. the microsoft cloud helps our customers get up and running, anywhere in the planet. wherever there's a phone, you've got a bank, and we could never do that before.
11:21 am
the cloud gave us a single platform to reach across our entire organization. it helps us communicate better. we use the microsoft cloud's advanced analytics tools to track down cybercriminals. this cloud helps transform business. this is the microsoft cloud. month after month. year after year. then one night,
11:22 am
you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this saving applies to every vehicle on your policy. call to learn more. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at liberty stands with you™. liberty mutual insurance.
11:23 am
stuart: we showed you that clip of hillary clinton of the comedy show between two firms. >> you wonder what your opponent might be wearing? >> i assume he will wear that red power tie. >> or maybe like a white power tie. >> that's even more appropriate. >> when you see how well it works for donald trump, do you ever think to yourself i should be more racist? stuart: have you receive more pejorative question all your life? >> she has the absolute worst comedic timing of anyone. there's nothing natural about her. a false flat. the nature of the conversation was worthless. trade too well work? will that increase the budding
11:24 am
capacity? >> i think at the danger zone. the number of undecided and the only time the poll shows for example 19.6% of those polls are black and they will vote for trump. stuart: good lord. i want to run this political ad. this is from hillary clinton. roll that tape. >> tuesday, november 8th will make the most important decisions in its history. but you only get this many famous people together on the issues that truly matter to us. a disease or ecological crisis or a racist, abusive coward who could permanently damage the fabric of our society. do you really want to give nuclear weapons to nuclear weapons to amend his signature move is firing? stuart: that graduates from hillary clinton's super pac. that is pretty vicious stuff. >> nothing surprises me anymore. barack obama ran this ad and i
11:25 am
waited 12 and help them because he was sort of an exceptional candidate. mrs. clinton is not. i think this kind of thing backfires. but remember, it is jarring but we ever in a moment that is anti-global elite. it is anti-bipartisan ruling class. it is anti-asserted that protected 1%. all of which hillary clinton is. when you have the hollywood elite coming out and bashing trump this way of supporting her, i think it works in the opposite direction. ashley: why should we take political advice from hollywood? >> this is about capturing the mood of the nation. this is an antiestablishment election. hillary is embracing a bomb at time 60% of the nation said the poll showed the rough course.
11:26 am
stuart: i think we wrapped that one out. what is happening in charlotte has become an election issue. donald trump says nationwide stop at risk should be part of the solution. >> i see what's going on here and in chicago pit stop in frisk in new york city was so incredible the way it worked. we had a very good mayor when new york city was incredible the way that words. that would be one step you could do.
11:27 am
11:28 am
♪ approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of
11:29 am
aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence.
11:30 am
go long™. ♪ tree into donald trump is about to give a speech on energy in pennsylvania. peter navarro smith has come a trump surrogate and business professor. he's very much a term supporter. welcome to the program. good to have you with us in new york. i've said previously opening up america's energy reserves is key to donald trump's plan to reviving the entire economy. am i going too far? >> not at all. he is a plan that includes energy and they match because a lot of the regulations on energy or what is keeping us down in the other part of that is tax and trade. stuart: we know we've got it. we've got vast reserves. >> we do have vast reserves. this is an energy powerhouse that's diverse. it's got coal, oil, send them
11:31 am
away and come a geothermal all over this country. the obama administration hillary clinton and had been squashing not come up in the coal miners out of business. and we can say -- our analysis shows we can literally save billions and billions of dollars of costs, unleashed the energy set turn create trillions of dollars over time of growth in tax revenues to help pay for our budget. train to the global warmers come at you and say wait a second, you unleash fossil fuels. our co2 emissions go straight up in the planet suffers. was your answer to that? >> they are right when it's china because china doesn't have any controls on missions. we have the most efficient power plants moving towards technologies that can do clean coal. the funny thing is and it's not too funny for the american people is the obama
11:32 am
administration, clean power and knowledge that sounds good, but it doesn't do anything to help global warming. all it does is pose a huge regulatory costs and also cost on energy and electricity consumers. donald trump wants to unleash that. hillary clinton wants to suppress it. it's a clear choice. stuart: we are still reeling from the news last week about apache, the oil exploring people who said with a 75 trillion cubic feet of natural gas just discovered intact as and 3 billion barrels of oil just discovered intact says. >> 10 years ago we were importing vast amounts of petroleum and nobody in their right mind would ever say we could be energy independent. the tracking revolution came on and guess what, we can get energy independent. that not only lowers energy and electricity costs, and that was her trade deficit.
11:33 am
when the trade deficit goes down to the minute to drag on growth, we boom. this is an integrated plan, energy regulation trade tax plan. we are going to grow. stuart: i want to take the discussion to the federalist nerve. i loath to do it because we don't like spending time on the site. nonetheless, i say no rate increase this month for october or november, but i think there will be a rate increase in december if it is president trump. the underlying tone of my comment is this is a politicized and i don't like tron. >> if they raise rates it might be for a different reason. as soon as trump gets in the come of this country knows we are going to build a novel unleash investment november 9th. they are going to see the stock market rally. the mac if you just listen to what he's saying. we've got an obama paper bull market stagnate growth, interest rates low.
11:34 am
so they put all their money in equities. it's going up bits of paper project. driven by investment lowering energy costs and cutting our trade deficit. we are going to go. tree into in the beautiful part of southern california. don't ask me to do my impression. stuart: the only time i can imitate you. i try to sound like john wayne and i'm not going to do it. get out of here. thank you very much. on the left-hand side of your screen, the podium occurred. she's not introducing donald trump teaches warming up the crowd. he will appear momentarily talking about what we were
11:35 am
talking about but energy policy. we will take you there when it starts. donald trump is taking dead aim at how to keep america safe after these recent terror attacks. stockton frisk nationwide. roll tape. >> if he was going on here and chicago. stop in frisk in new york city was so incredible the way of work. we had a very good mayor that new york city was incredible. that would be one step you could do. stuart: judge alex ferrera is here. would this be a nationwide stop in first? >> i wouldn't go nationwide. and then they should be done community by community depending on the need. or later them mean. it can be legal because police officers have a lot of discretion when it comes to stopping risk laws. they have to have reasonable suspicion based on articulable facts, but that is way below
11:36 am
probable cause to perform an arrest. it was very when they had it implemented in new york. the homicide rate among african-americans dropped from 58 per 100,000 to 16 per hundred thousand. hispanics dropped from 44 to 500,000. so it was an effective program. of course privacy -- personal privacy and security are always in a tug-of-war. that's what we saw with the nsa spying thing and the same at police were. if you look at your window coming to see some guy appearing in the karcher new laptop on the seat. you want the police to come out and investigate before he breaks your window. you don't want them to say he hasn't committed a crime so we can't stop in time to get calls at the breaks your window. stuart: you just gave remarkable statistics on the decline in the homicide rate of various groups of people. do you ascribe those sharp
11:37 am
declines entirely to stop in frisk? >> no. and critics would say it wasn't all caused by stop in frisk. it's certainly played a certain part. here's the counter to it. of course to stop a lot of people who are committing crimes. you frisk a lot of people, don't find guns or drugs. a thought that is based on suspicion is constitutional but it is an imposition. is not the number of people you catch, is the deterrence effect. the people carrying guns because they plan on robbing somebody didn't think twice and say there's nothing in frisk and everybody. i'm going to go to prison. it's really the deterrent effect and the people who are going to carry a gun that has a significant impact. stuart: i will take the other side of the coin because i can understand the resentment of a given population of people who are frequently stopped in frisk's. it would appear to be a random.
11:38 am
i can understand the resentment of the people stopped in the street. i'm sure you can, too. >> absolutely. if it's been done at random it's unconstitutional. people will definitely be annoyed and bothered. that's what i said it's a tug-of-war between personal security and personal privacy. my friends were police officers tell me they come to them all the time and thank them. stuart: thank you very much indeed. going to donald trump. while he's entering the stage, see him right there. he's approaching the podium. charlotte we understand and then give a policy speech on energy. we will listen in as he approaches the podium. that is donald trump. >> i thank you very much. that was such a nice introduction by their respected him and i have to say. it's great to be with so many of my friends. you will like me so much. you will get that business.
11:39 am
all my life that business has never had problems, but in the last seven or eight years it has been tough with the epa and all the different difficulties you are going through. you are going to like donald trump and all of the workers that get put to work. they are going to love donald trump, so that is good. i just heard from rocky buyer. can i say that? i said yeah, i love tough people. he's a tough cookie and he just endorsed as. we have great relationships and it's really been something. we've had some great poll numbers come out today. rasmussen missed by the nationwide and i guess you probably saw the ohio is doing great. the fox poll came out last night in doing great. pretty much we are doing great. florida has been terrific and i think we will have a big, big big jury right here in the state of pennsylvania. i think it's going to be a big
11:40 am
big three. i went to school here. the children went to school here. a very special place to me. i want to thank the merciless shell coalition in ohio oil and gas association and the west virginia, but a bit. i had there. almost like running unopposed. all of the folks in west virginia have been so great. they have been great right from day one. and it helped when hillary made the statement i'm going to put all those mind and minor side of this is. that was not a good statement to make. maybe she knows something i don't know. your arrogant stations represent 10 thousands of jobs for hard-working americans. let me also recognize a really good friend of mine, an amazing guy, harold hamm. where is he?
11:41 am
he's here someplace. [applause] what a great guy. i spent a half an hour with harold and tens of dozens of hours. i mean, i spent so much time with all of these different votes. entered more than half an hour than i did with all because those that together. that i can tell you. they tell me that a republican can't carry the state of pennsylvania. wait until you see what happens here. i don't believe that and you don't believe it and i think you have yourself not onlreally bigl go a long way to tell you what a wonderful industry you are in. i have to say, do whatever you can to get out the vote. do whatever you can because a lot of things are happening. whenever you can. so it's great to be impaired or carbon steel city. a lot of friends here. under trump administration, we are going to bring back our
11:42 am
steel jobs and we are going to rebuild this nation so important late. before going any further today, i want to address the turmoil unfolding right now in our country and it seems to be a never-ending problem. america desperately needs unity and it needs to spirit of togetherness that have not obeyed god is direct toughest times. we've had some tough times, but which has lifted us up in the past to our greatest achievements as a nation. every day i see people of different backgrounds working together for a common good and we need to bring that spirit to every part of our country and become one american nation united by shared values and principles as american citizens. we have to do it and we have to respect our flag. we have to respect our flag.
11:43 am
[applause] we all have to walk a mile in someone else's shoes, to see things through their eyes and then get to work fixing our very wounded country. i mean, we have some problems than we do have a wounded country. many americans are watching the unrest in charlotte right before their eyes on the tv screens. others are witnessing the chaos and violence firsthand. our country looks bad to the world, especially when we are supposed to be the world's leader. how can we beat when we can't even control our own cities? we honor and recognize the right of all american to peacefully assemble, protest and demonstrate. but there is no right to engage in violent disruption or to
11:44 am
threaten the public safety and peace of others. every single american in our country is entitled to live in a safe community. the violence against our citizens and law enforcement must be brought to a very rapid and. the people who will suffer the most as a result of these riot are law-abiding african-american residents who live in these communities where the crime is so rampant. it is their jobs, housing markets, schools, economic conditions that will suffer in the first duty of government is to protect their well-being and safety. we have to do that. there is no compassion in tolerating and lawless conduct. crime and violence is an attack on the poor and will never be except dead in a trump administration. never, ever.
11:45 am
[applause] our job is not to make life more comfortable for the violent disruptor, but to make life more comfortable for the american american parent to walk their children to school and to get their children grade educations. we have to cherish and protect those people. for everyone by the protesting, and the thousands of moms and dads and kids in the same community who just want to be a buddha sleep safely at night, to be able to walk on the street, to be a lot of to be a lot of go to the grocery store. more law-enforcement, more community engagement, more effective policing is what our country needs and we need it quickly. last year we saw in 17% rise in violent crime in our 50 largest
11:46 am
cities. homicides are up 15% in washington d.c. and more than 60% in baltimore. more than 3000 people have been shot in chicago so far this year from january 1st. can you believe that? nationwide approximately 60% of murder but dems under the age of 22 are african-american. this is a national crisis and it's the job at the next president of the united states to work with our governors and mayors to address this crisis and save african-american lines. look at these ample that we had in new york of mayor rudy giuliani was been a tremendous person or me, a friend of nine for a long time in a big endorse her. big, big endorse her. the policies he put in place ultimately brought down crime by 70% and murder in new york by
11:47 am
84%. think of how many families these policies save from the worst heart ache imaginable. we need a national anti-crime agenda to make our cities safe again. we have to make our cities safe again. we will appoint the best prosecutors, investigators and federal bond person officers in the country to dismantle the international cartels, games and criminal syndicates. i will stop the drugs from flowing into our country and poisoning our youth and many other people. [applause] and if you're not aware, drugs are a very, very big factor in what you are watching on television at night. my administration will work with local communities and local officials to make the reduction of crime a top priority.
11:48 am
safety is the foundation of the latter to american success. a great education is a really good paying jobs. we have lost so many of very good jobs to other countries. we are going to be bringing them back right here to pittsburgh, pennsylvania. we are going to be bringing them back to ohio. we are going to be bringing them back all of the country. they are coming back. [applause] i think we'll have to have have to have heralded him negotiate a couple of trade deals for us. to have the best schools in the best jobs, you must have safe communities. that means we must recognize the contributions of our police who come from all backgrounds and all walks of life and who often thankless to risk their own lives to protect innocent people, many of whom they have
11:49 am
never met. we all remember earlier this year when officers in dallas hunted down for execution continued protecting the public until their last moments on earth. they were killed. every day, police officers risk their lives for a really complete strangers and in every year, many of them will go out on calls and never return. it is tough being a police officer and it is hard now even recruiting police officers. police are entrusted with the mentors on stability and we must do everything we can to ensure that they are properly trained, that they respect all members of the public and that any wrongdoing is always and will be by then vigorously address. has to be. our men and women in blue, and
11:50 am
you know this. the men and women in blue need your support. they need your things and they need your gratitude. they are the lines separating civilians in civilized nation from total chaos. they are also the front lines of defense in the war on terror. as we saw recently with their quick action following the terrorist attacks in new jersey and new york in the off police officers. you saw the heroic of the off-duty police officers in minnesota. an amazing job they did catch in this horrible person so quickly. how do you do that? they figured it out. within a short period of time they are able to capture. who could do that? that is tougher than finding oil i will tell you.
11:51 am
in addition to providing safety, we must provide economic opportunity and that begins with school choice and mysteries or job with rising income. this brings us to the subject of energy. producing more american energy is a central part of my plan to making america wealthy again, especially for the poorest americans. [applause] i knew i would have to make that statement in order to get you guys a little bit enlivened. you'll like the rest of what i'm going to say even more. america is sitting on a treasure trove of untapped energy. some $50 trillion in shale energy, oil reserves and natural gas on federal lands and additions to hundreds of years
11:52 am
of coal energy reserves. it is all upside for this country. more jobs, more revenues, more wealth, higher wages and lower energy use. i am going to lift the restrictions on american energy and allowed this wealth to pour into our communities, including right here in the state of pennsylvania that we have. [applause] according to the institute for energy research, but it was action on american energy including shale production will accomplish the following. increased gdp by more than $100 billion each year. that is good music. add over 500,000 new jobs
11:53 am
annually. increase annual wages by more than $30 billion over the next seven years. increase federal, state and local tax revenues by almost $6 trillion over four decades. increased total economic activity by more than $20 trillion over the next 40 years. in addition, we will streamline the permitting process, which probably makes you happier even than when i'm going to save our type is. it is a disaster. every friend i have in your industry, they tell me it has become horrible with the epa. so we are going to take care of that. all infrastructure projects including billions of dollars in projects held up by president obama. billions and billions held that,
11:54 am
creating countless more jobs for our country in the process. overall, the entire economic plan. tax reform, regulatory reform, energy reform and trade reform will keep at these 25 million new jobs over the next 10 years, assuming an average growth rate of 3.5%. i believe we can reach beyond the 4% growth. why not. [applause] and just so you know, when china does 7% or even 8%, it's a major panic in the country. they then start devaluing and get their numbers up much to our chagrin. my tax plan includes a 15% business rate. think of that. so we are reducing taxes for 35% all the way down to 15%, turning
11:55 am
america into a jobs magnet. hillary clinton would raise taxes on some small businesses as high as 45% and probably even higher than that. as far as regulations are concerned, it will be beyond anything you are experienced in right now. so you better get everybody out to vote, folks are you concerned or forget it. all the jobs we are talking about will go in the opposite direction. in come taxes will be simplified and seven brackets to three and middle-class americans will get a major tax cut including childcare deductions and tax free child care savings accounts. my plan includes the elimination of all unnecessary regulations and a temporary moratorium on regulations not compiled by congress or public safety.
11:56 am
[applause] overregulation is costing our economy to trillion dollars a year and i think probably no other business has been more affected than your business by overregulation. one of the things i've seen despite this massive tax cut, the biggest since ronald reagan and maybe beyond not, from 35 to 15, people are more excited when i talk about the fact we will be cutting massively regulations. we need regulations for safety and environment, the regulations are becoming a major industry right now and we are going to make it a much smaller industry, maybe a minor industry. your regulations are going to be cut back to a point that you'll be able to have your businesses, grow your business is and start new businesses and you'll never be able to do that with what has
11:57 am
taken place over the last eight years. i just think it's a very important thing. what's really impressed me is people and business have actually felt strongly about that even then the type that is golf. i understand that very well. on energy, my economic plan unlocks our shale oil and gas in the energy technologies of both today and tomorrow. finally, my plan includes a renegotiation of america's trade deals and an enforcement of trade rules to increase jobs and wealth inside the united states. we have people write in this room that could do so well for us. we have negotiators of our trade deals who are political hacks, who are people that don't know the first thing about negotiation. of course you can look at the iran deal and understand that the deal that was made recently, what a deal that is.
11:58 am
half of this room could have negotiated deal 10 times better than a lot of people wouldn't have made the deal and that would've been a lot better. [applause] that they did something that you folks never saw before. we thought it was 400 million in cash. cash. not like a check. 400 million in cash. it was 1.7 billion in cash. we are talking about cash, harold. then, this airplane. i don't even see how an airplane is big enough with that. i would like to see that someday paid 1.7 billion in cash. it had nothing to do with us. strong border control will also protect your workers could save our budget trillions in the long-term. it is perhaps the most progrowth
11:59 am
economic plan anywhere in american history. the negatives. compare that to my opponent. she plans a $1.3 billion tax hike. massive new regulations in some of your industry's right in this room are out of business. the off shoring of american jobs in the aggressive restriction of american energy production. her plan will help not only her healthy donors and global interest who dennis said from the raid system. and we are in a rigged system. hillary clinton wants to put the coal miners out of work, dan hydraulic fracturing in almost all places. and extensivelystricted and energy production on public lands and in most offshore areas. that's what she said. remember were going to put the miners out of work.
12:00 pm
this will produce devastation for stateside pennsylvania, ohio, west virginia and so many others, were shale oil and shale energy and coal and coal production are critical parts of the economy. and i go to the coal areas and these are unbelievable people. >> welcome, everybody. i am neil cavuto. this is a startling development, folks. if you ever want to know to start different as between the two parties when it comes to looking at taxes and the size of govemen it bn amatally splle ui h midleofal of stistil obblygo ontose campaigns. let me cut to digest here. we are just now crunching the numbers and a lot of people have been doing this for the hillary clinton plan out that shows she will grow taxes by more than half a trillion dollars ove

198 Views

info Stream Only

Uploaded by TV Archive on