devoted viewers of this program and great patriots. maria: happy birthday. thank you for watching. all right, that'll do it for us. thank you for being here on an important day, we will see you soon, have a great weekend, sunday morning futures, i will see you sunday on the fox channel. stuart: you try this one, we have crossed a land mark, the 5 trillion-dollar landmark. we are talking serious wealth creation. good friday morning, everyone. this is how much the value of american companies have gone up since the election. 5 trillion, 121 billion, $780 million, that's what the trump rally has done for america's wealth, anyone with 401(k), college safing fund, company, union pension, you all benefit. since the election, the dow has gone up what, roughly 25%, that means $10 invested on -- today,

the federal government report that is in september the economy lost 33,000 jobs, that's a very unusual job decline, but september was hurricane month, the huge economies of texas and florida slowed because of harvey and irma. interesting to knows 015,000 jobs of eating and drinking establishments were lost in that month, no surprise. here is where we stand. apart from the hurricane events, both manufacturing and service sectors of the economy are humming along, business and consumer confidence remain strong and profits are way up. the rest of the world growing too. smile, please, we open very close to 23,000 on the dow. who would have thought, varney & company is about to begin. ♪

♪ >> one thing the american public knows that the elites always protect themselves and they always protect themselves with guns and then they lecture the american public how you shouldn't do that, but in the heart of the american public all over this country, they see these monsters and they don't want to be alone out there. they want to be able to protect themselves. stuart: that was wayne la pierre on hannity. nra putting out the statement calling on government to use the modification device used by las vegas gunman. allow semiautomatic rifles to automatic rifles should be subject to regulations. your reaction to what the nra is now saying? >> it's a green light to do something on the bump stocks either through regulation or through legislation. i think you have to do it through legislation, stuart,

because the atf's interpretation that these devices are legal is correct in my mind. stuart: it's getting support definitely from democrats and also republicans, that's a bit of a surprise. >> yes, this is generally the word loophole is used in gun debate, generally a loop high school that allows a semiautoattic gun to act like a automatic gun. this one does, if he hadn't had the bump stock it would have been harder to do the horrible act. stuart: nancy pelosi she hopes that a ban on bump stock is a slippery-slope, watch this. >> gun owners say, i have background checks and they should have a background check too. but we can't -- that -- so what? they are going to say, you give them bump stock, it's going to be slippery-slope.

i certainly hope so. stuart: she hope that is the bump-stock deal will open the door for much wider regulation of guns. >> of course, she does. stuart: you have the write the law in a very tight fashion, right? >> the distinction here is the bump stocks are a go-to function of the weapons that's already been illegal. we heavily regulated in 1930's, banned them since 1986 and this is just, i think, you can put in that category. there should be a deal. you make bump stocks harder to get and silencers or oppressors easier to get which protect the hearing of law abiding gun owners. stuart: do you think it's the end of it, if they ban the bump stock is that attempts of getting gun control -- >> for now. stuart: okay, rich lowry, appreciate it.

where are we opening the market, slightly lower, down 30, 40 points. remember, remember please the dow closed yesterday at 22,775. that was the 46th record high of the year. i'm going to give you that number again, $5.12 trillion. that's how much the value of stocks have gone up since the election. that's a very big number. joining us now author of book, economics in three lessons, hunter lewis, hunter, welcome to the program. >> thank you. stuart: i call this the trump rally, how about you? >> i wish i could. i do regard it as a bubble. we have been in bubble and bust land since 1990's and it's more of the same, really. stuart: so you think we might be heading for a nasty correction? >> yes. a nasty correction. hopefully just a nasty correction and no worse.

stuart: why? >> you don't know what's going to trigger the bust, in 2007 this fed was raising interest rates and that was contributing to the risks but what really got it was obscure regulations called market-to-market accounting. i don't see what's going to kill the bubble right now. i can't identify the factor. stuart: you think it's coming? >> i think it's going to come. stuart: when do you think it is going to come? >> i don't know, any time because there's certainly got to the point where it could bust. stuart: most people that i talk to that i believe that a big bust is coming, they say it's a debt crisis, governments around the world owe so much money cannot be repaid, we have a debt bomb about to hit us, does that fall in line with your thinking? >> it does, of course, to me -- it's just not logical to think that you can cure a problem caused by bad debt by continuing to adding more bad debt. stuart: okay. how about this morning's job's

report. eradicated, i'm putting that down to slowing of the economies of florida and texas because of hurricanes, and you? >> i agree, i mean, hurricanes in the past have caused at least a half percent growth rate in a year and these are much worse hurricanes and the forecast was already for not particularly robust report and now it's even lower. it's only one month and also they are going to revise the reports over and over again. by next year, who knows what the figure will be. stuart: would you advise our viewers that a correction is coming, would you tell them right now to get out of the stock market or reduce exposure, sell a little? >> diversify, sell a little, reduce, all of those steps would be prudent, keeping in mind when you're in a bubble, it can be hyperbolic. you have to take precautions, diversify and -- stuart: when

you say diversify, what do you mean diversify, put some into gold, put some into bonds, real estates? >> yes, and i do favor putting money in gold. stuart: there's no inflation? >> yes, that's true. gold is one of the cheapest sectors in the market right now and gold-mining companies are very cheap. it's a good moment to add little bit of diversification. stuart: i did not know. that's very interesting. >> i'm glad i surprised you. stuart: so you're in favor of selling a little stock now -- >> yes. stuart: getting into gold because you think the crash is coming? >> well, i certainly think a big correction is coming, yes? stuart: you can tell me when? >> particularly the people that you were talking about this morning, 401(k) plans, small investor needs to be careful. stuart: diversify. >> yes. stuart: hunter lewis, you surprised me. not many people do that.

appreciate it. >> thank you. stuart: important guest coming your way, gary cohn, he's in charge of getting the tax package through congress. that's his job, he's the most important voice on the economy of america today and he is on this show. another big guest, dana lash, why did the nra agree to regulate bump stocks, i will ask her, that would be in the 11:00 o'clock hour this morning. congressman linda sánchez, fifth ranking democrat in the house, she says it's time for a change in her party. she wants nancy pelosi to step down and make way for the next generation of democrats. you will hear all about that. and catalonia expected to declare independence from spain on monday. spain's military waiting on the sidelines preparing for violence. is the european union breaking up? we will ask someone who will know. and president trump posing with a photo with top military brass, maybe you're looking at the calm before the storm. a reporter asked, clarify, what

storm, the president responds, you'll find out. what does the president mean by that? we will ask embassador next. think your large cap equity fund has exposure to energy infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game. before investing, consider the fund's investment objectives, risks, charges, and expenses. read the prospectus carefully at alpsfunds.com/amlp

stuart: cosco is going to be down big at the opening bell. their profit margin is being squeezed i think from the heat of amazon. cosco also rolling out same-day and two-day online grocery delivery. still down nearly 5%. strong results from yum, china, china brand of yum, kfc and taco bell, et cetera, chief executive will step down next year. president trump said yesterday it was the calm before the storm as he met with senior military leaders. roll that tape. [inaudible] >> calm before the storm.

[inaudible] >> what storm? were we have the world's military people. thank you all for coming. >> what storm, mr. president? >> you'll find out. stuart: what storm, mr. president? you'll find out. john bolton, former ambassador to the united nations, do you have any idea what the president might have meant by the calm before the storm? >> no, other than it got a lot of attention before dinner, that's for sure. stuart: north korea? >> a lot of options out there. there's the coming defeat of isis but the continuing threat of iran both as terrorist state and nuclear program, north korea as you mentioned, south china sea, russia interference in east

central union and former solve yeet union, there are a lot of potential plash points here and i think it underlines the world that we see. stuart: does it do it deliberately? >> i don't know, the focus is on nuclear threats of north korea and iran and what we are going to do about them or what we haven't done about them effective for the last 25 years really the decision for this administration. stuart: you really don't wanting to there, do you? >> i don't have the idea. i don't have the slightest idea what the answer to the question is. stuart: excellent, mr. ambassador, just excellent. i do want to talk about you the situation in catalonia. you know, maybe declare independence on monday, the spanish military standing by for violence, it looks like another

step in the break-up of the european union would that be accurate, mr. ambassador? >> no, actually i don't think so. you see the successionist movements in regions all around europe, it's the nation states, members of the european unions are broken apart, it doesn't make the european union less powerful, it makes brussels more powerful because the nation states can stand against flow of power to brussels, breaking up britain, separating whales, scotland, catalonia, spain, you can go on and on here. the tinny government that is would flow from it would be unable to withstand from brussels. let's be clear, this succession is a distinct minority and led by left-wingers. the referendum that they held a few years ago was illegitimate, the opposition boycotted it. i hope there's no violence. i would love to see this resolved peacefully but this is

not a legitimate successionist movement in my view. stuart: do you think we will start hearing from other successionist movements, want out of their home country, northern italy, for example and i'm thinking maybe belgium, this could really be the start of a splitting apart within the big nations. >> well, it's possible, but there's also reporting and i think this is likely true that in the rest of spain actually nationalism has increased and the tension with catalonia which obviously isn't new, has inspired the growth of spanish nationalism. it could have the opposite effect but we just don't know, it's too soon to tell. the european union project has had a clearly detrimental effect on the nation states in europe. i think that's bad for europe, i think it's bad for the united states, bad for the nato alliance and i'm afraid this

catalonia question is just one more example of what the european union is doing. stuart: we will be watching the news carefully on monday morning to see what happens over the weekend. mr. ambassador, thank you for joining us. appreciate it. >> thank you, stuart. stuart: linda sánchez calling house minority nancy pelosi, step down, roll tape. >> i do think it's time to pass the torch to a new generation of leaders and i want to be part of that transition, i want to see that happen. stuart: is this a revolt? >> pelosi has been around reagan administration. this is not your democrat party anymore. the radical liberal left has overpowered them. maybe the president should invite linda sánchez instead of pelosi and schumer. stuart: do you think the new generation of leaders, mr. sánchez and ryan, are they going to take the party further to the left? ashley: no, i don't think so.

she mentioned pelosi, three democratic leaders have been around forever, combine 90 years in congress, nothing wrong with experience. look where the party stands right now. the republicans are in the house, senate and oval office. tim ryan got a lot more votes than people realized. i think it's absolutely necessary for the democratic party to get fresh flood or new ideas. liz: or else they will pull more back to radical left. i don't think they have the wherewithal to push back. they tried but they are being swamped. you need to get fresh blood to take them on toe to toe. that's the way to bring it back to be your parents' democrat party. ashley: i'm quite happy with the current leadership of the democratic party. lever it at that. stuart: tropical storm nate turning deadly moved off to the gulf coast of méxico, 22 people killed in central america. could get stronger before it hits our shoe -- shores.

janice dean, she's next.

stuart: where is the price of oil this mourning? it is down significantly, 2 and a half percent. we have a weak job's report down goes oil. where is the price of gold this morning? it is down 5 bucks, surprising when the president starts

talking about the calm before the storm surrounded by the military brass, some people wonder about military action. not the gold bugs, price of gold is down. now this, weather, tropical storm nate expected to reach the gulf coast this weekend as a hurricane. come in janice dean and tell us where, when and how strong when it hits us? >> those are all excellent questions, stuart, at this time we are uncertain. what i can tell you is that it's close to land right now but it is starting to, you know, get stronger because it's got a lot of warm water ahead of it. if it makes its way closer to méxico, cancún u then it also could disrupt it. the storm needs warm water to travel in and so we are going to see what happens as it exits cancún and gets into the gulf of mexico. here is our best educated guess, making landfall sunday morning, somewhere across southern louisiana, mississippi, florida, panhandle as hurricane. this isn't going to be major

hurricanes but areas are vulnerable to storm surge as well as heavy rainfall and winds. impact along the gulf coast. potential to strengthen further but the one piece of good news is it's going to be a quick mover. by tuesday it is up towards the northeast. we will have to watch it. the next advisory comes out at 11:00 o'clock, stuart, we will certainly keep you updated but hurricane watch is in effect for much of the coast of louisiana through alabama. stuart: new orleans looks right under pressure? >> close to new orleans, that's the concern obviously. stuart: thank you very much, we will see you later. where are we going when the market opens up in 4 and a half minutes time. down but not that much, a very weak job's report but that's because the hurricanes, we will be down maybe 40 points at the opening bell. please remember that norm, we've gained $5 trillion worth of stock market value since the election of donald trump. remember that. we will be back

their experience is coveted. their leadership is instinctive. they're experts in things you haven't heard of - researchers of technologies that one day, you will. some call them the best of the best. some call them veterans. we call them our team.

stuart: all right, we've got 30 seconds on a friday morning before we open this market again. i've got a couple of items forming the backdrop of the news today. we crossed the 5 trillion-dollar landmark level yesterday. the value of all stocks has gone

up $5.1 trillion since the election of donald trump. earlier this morning we had a pretty bad job's report, minus 33,000 jobs but that's because to have hurricane effect in florida and texas. here we go. it is 9:30 eastern time. we are up and running, we are going to be down. not that much. down 13, 14, the opening trend is down but this is by no means a selloff. at this point, we are down a fraction, .08% after hitting the 46th record of the year just yesterday. okay, we are down 26. how about the s&p 500, broader base indicater, down about the same in percentage terms. .21% there. how about the nasdaq? it's dawn a quarter of 1%. bottom line we are down all across the board but not that much. how about amazon this morning? you have to look at amazon every single day, down a fraction, one-third of 1%, look at the

level, $977 per shire. netflix, interesting story, raising prices so that it can bring in more revenue to make more content. big deal. netflix on the cusp of getting to $200 a share. oh, look at cosco, way, way down, 5 and a half percent. more on that in a second, clearly it's feeling the pressure from amazon. give me that number again, please, $5.12 trillion, i love that number, don't you all? that's how much the value of stock has gone up since the election. let's have some commentary on this. joining us ashley webster and elizabeth mcdonald. they are all smiling. jeff seka is with us. hunter lewis, thank you very much for joining us. jeff, what do you say about a 5-dollar gain for the stock market that you did not see coming? [laughter] >> thank you for reminding. hell to the chief, it's great, but here is the -- here is the

-- it has corresponded directly with household wealth. keep in mind i'm an advocate of the middle class and this wealth, this appreciation, i knew this was coming, this appreciation 10% of the population hasn't contributed to 70%. so only 10% of the population are participating in 70% of this wealth. here is the issue i have. it's great that people are making money on their stocks and real estate but the reality is there are a lot of people who aren't participating yet because we need to tax cuts in small businesses. stuart: okay, i might out that wages went up, 4.5%. liz: 3%, best since 2009. stuart: thank you very much, indeed. i think the middle class does take part in that. thank you very much, indeed. [laughter] stuart: keep your socialism on the other side of the desk.

[laughter] stuart: hunter lewis you were on the show saying that a crash was coming? >> we have a cycle and bubble and bust really since the 1990's and it's -- i worry that it's continuing, but i want to pick up on the economy. before the trump administration came in, the middle class had no wage gain for 35 years. in fact, the bottom 50% to have wage earners have no income gains at all. 30, 35 years. stuart: now we are getting -- >> let's hope it's sustainable. stuart: thank you, hunter lewis, you have redeemed yourself. [laughter] stuart: why did you make a comment about the job's report minus 33,000 jobs, seka? >> listen, participation is better, wages are better, i'm not by any means saying that this is not a good thing.

i'm saying that this is a good thing but i'm an advocate in pushing for tax cuts, we need tax cuts so small businesses begin to hire more, we need more growth, not less, we need more growth. stuart: here is my headline, minus 33,000 jobs, sub headline, positive, 575,000 people return to the workforce. 330,000 people fewer who were unemployed, wages up .5%, nearly 3% year over year, i call that positive and that is why in my humble, humble -- ashley: it's not humble but we will take it anyway. stuart: we are down 26 points. ashley: the market is saying it's just that, one report. it will be revised many times. but one report doesn't make the economy -- liz: he's right. it's hurricane harvey and irma did wipe out restaurant and bar jobs. stuart: 105,000 fewer jobs in

eating and drinking establishments. that's the hurricane, come on. >> it's the next two reports that count. stuart: you expect to be on the show? [laughter] stuart: here we go again, target testing curb-side pickup, fedex and ups shares took hit in word that amazon is testing delivery service. cosco says it's margins are getting squeezed just on the same it rolls out same-day and two-day online grocery delivery. hunter come into this. it seems to me that this is all about delivery, delivery of stuff to your door, that's the big trend, isn't it? >> well, yes. amazon is changing the economy dramatically, but i just want to raise a different point which i think they are getting too politically powerful. they own the washington post, they are increasing lobbying budget. they are increasing campaign contributions, they are taking

over more and more of the economy, it looks like a little bit like standard oil, keep your prices down, wipe out the competition and then raise your prices later. stuart: that's interesting. >> it's a worry to me. stuart: worry for stockholders of amazon, might rebound against them. >> yes, it could. it could be a problem with the country. stuart: understood. i'm going to say on amazon. wal-mart, they reported -- they've teamed up with google to offer voice shopping via google home. that's a direct shot at the amazon echo, isn't it? >> yeah, wal-mart is being reactive now, they have to compete with the amazon alexa connection. this is their way to compete with it. i think it was a positive move by them, by wal-mart, but i think wal-mart is in this reactive position, they are playing catch-up to amazon. i think they should potentially think about staying in their lane in brick and mortar because they are not making any ground on this. liz: consumer tip. check both amazon and google

wal-mart when you voice shop to make sure you are getting the best deal over those devices. stuart: okay. liz: i'm warning. i've giving a warning. they may be putting up the most expensive items. stuart: warning. liz: friday warning. stuart: have a nice day. [laughter] stuart: stay calm and carry on. check the big board, we are only down 28 points, we lost 33,000 jobs last month. price of oil down, weak job's report tends to translate to a weaker commodity price. we are down 49 bucks a barrel there. how about interest rates? okay. they came -- i thought they came down but they didn't. they are holding in the 237 range, the yield on the ten-year treasury. that suggests to me that this so-called negative job's report ain't that negative for the overall economy going forward. look at this, strong results from yum china, that's the yum brands branch in china and the company says its chief executive

will step down next year. no real impact on the stock. still at 40. how about this one? mcdonalds u is it now selling aburger called mcvegan. liz: better than mcrib sandwich which was made out of old yoga mats. [laughter] liz: sorry. i shouldn't poke fun of mcdonalds, sorry. ashley: if i'm a vegan, i am probably not going to be going to mcdonalds. [laughter] stuart: here is my story, this is to me the biggest story of the last couple of weeks, general motors, the stock has been on absolutely tear. would you look at it now? 4450 as of right now. deutsche bank thinks it might have something to to do with the

self-electric cars. i think gm -- why are you laughing? general motors is now a technology company. it's not industrial factory company, it's technology. >> i'm just so happy that any advances gm makes against, you know, tesla is just -- brings joy to my heart. i think they are doing a lot of the right thing. i don't own general motors, i'm not anticipating buying them too soon. deutsche bank has too much optimism about self-driving cars but -- liz: wait a second. now, wait a second. deutsche bank and morgan stanley both think that gm is undervalued because it is becoming a tech company to take on tesla and uber. shot up 24% in august because of what it's doing. >> the shareholders that are in tesla that shouldn't be in tesla will begin to realize that, yes, there's potential in automakers but it's not in tesla and -- and if i were to buy into general motors, it would be a rotation

out of tesla and buy into general motors. they could produce, they could manufacture, they're a real company. liz: the hydrogen batteries, deutsche bank, sees 30 billion-dollar tech business embedded in gm. stuart: embedded in gm? some items on facebook for you. i don't think they will effect the stock price but facebook is under a lot of pressure, they've deleted references. give me the script again. facebook cut references to russia from a publish didn't public report about russian influence. liz: report back in april, in the summer facebook saying that there was no russian meddling via our website, lo and behold, a number of -- i'm not sure how the lawyers at facebook said we are not going to put any references to russia in that initial report because it's speculative when they are buying

ads from russian news agency. stuart: very bad publicity. liz: they are being hauled into congress, so is twitter. they say they are not a media company but they are taking ads, how do they not know that the russian ads were pouring into the website? stuart: hunter lewis, do you think they'll be political pressure on the big technology companies because of the amount of power that they've accumulated? you mentioned amazon, we have facebook, we have google. there's a mounting political pressure on them? >> well, yes, i want to make another point which is when new technologies come in like the fuel cell, typically companies lose money, one out of five companies end up making money. you buy five new technology companies, you will probably lose. you to watch your step with this kind of thing and i don't see how self-driving cars or

ride-sharing are going to help gm. i should think they would reduce sales. stuart: hunter, thank you very much, indeed. now this, wait for it, two republicans, republican senators, two of them do not want to kill the estate tax. mike brown, south dakota, susan collins, maine. they oppose cutting tax. how is that going down with gary cohn? white house point man whose job is to get tax package through the republican congress. we should ask him and here he is. now you have to negotiate around the death tax, is that where you are? >> hey, stuart, good morning and thanks for having me on today. look, as you know, we turn in a outline to tax writers both house and senate and we have given them a lot of latitude to work with broad outline on delivering middle-income tax cuts and that's really important to us and to deliver a business

tax cut that makes america competitive. those are two areas where we are really concerned right now and we are spending enormous amount of time. stuart: does keeping the estate tax fall in line with making it a middle-tax cut? >> as you know, the estate tax really is important to small and medium-size businesses and family-owned businesses, they are the ones that really take advantage of the estate tax. we want small businesses to grow, we want them to keep hiring people and we want them to get larger and larger and we want them to be multigenerational. same thing with farmers, we want them to grow and continue to hire people and we want them to be multigenerational. the two biggest advocates for estate tax are farmers and small businesses. it doesn't come from the wealthy individuals. wealthy individuals have plenty opportunity to avoid the tax.

>> senator corker does not want to increase or swell the deficit and he's a deficit hawk. are you saying still that these tax cuts will pay for themselves over the long run? >> we very much believe that our tax cuts will stimulate real economic growth in the united states and will pay for themselves, yes, we believe that. stuart: your job as i understand it is to get 50 republican votes in the senate and 218 votes in the house for a tax-cutting package. how is it going? >> we are well on our way, we are working with the tax writers, we are walking with ways and means committee, we are working with senate finance, we are involved every day on trying to figure out how to write the exact plan that will get the votes. there's a lot of give and take, secretary mnuchin and myself have been meeting every day with the tax writers trying to figure out where exactly they need to end up to get the votes and where we could end up. as you know, the president has

given us directive and strong introductions where he is comfortable and where he wants to ends up and we want to get where the president asked for. stuart: you're smiling, you know what's coming, can you get it done? what assurances can you give to our viewers, yes, we will get it done in 44 days? >> stuart, we are going to do everything we possibly can to get it done. as i said, secretary mnuchin and myself have told member that is we are available 7 days a week, 24 hours a day to work with them and help them get tax plan done. it is our number one economic agenda right now and we are fully committed to get it done in the time. stuart: i imagine that you spend much of your time on the phone with politicians. is your backstop, look, if you don't get this done, your party, the republican party, is toast next year? so go along with me, get this

thing done, that's what you're saying, isn't it? >> stuart, i'm talking about the economic impact. i believe in the economic impact. i believe in making america competitive. i really believe in making sure that middle-class, hard-working families get to keep more of their hard-earned money. that's what's really driving me and motivating me. stuart: how important is it that you get rid of the deduction for state and local taxes? i know that that would bring in an extra 1 and a quarter trillion dollars over ten years, that would be a big chunk of money that you come in with, how important is it to you that you u get rid of that deduction? >> stuart, as you know, i've said this and will say it again, we are did i remembered, we are committed to make sure we have a middle-income tax cut and to be able to take away a loophole that only benefits the wealthy, we think that's really important, it simplifies the tax system and it really takes

something away from certain states and level it is playing field for all states. stuart: but republicans, the republican house members in, say, california or new york, they are not going to be very happy if you take away that deduction. >> stuart, we have to level playing field. we have to simplify the system and we've got to deliver a middle-income tax cut. this is the way to do it. it's a fair and -- it's a fairway. stuart: but you'll negotiate it on it, you won't necessarily -- maybe you can keep half of the deduction or a quarter of a deduction, you'll negotiate it, surely? >> we are going to be practical. the two areas where we are committed and don't want to negotiate and won't negotiate middle-income tax cut and business tax rate that makes us competitive with the rest of the world. stuart: we have a number for you, $5.12 trillion, that's how much the value of all stocks has gone up since the election.

you're a former wall street guy, am i right, i know you're going to agree with me, am i right in saying, that's the trump rally, large in dollar terms? >> that's the trump rally so far. we would like to see it continue. stuart: but that's all dependent on you, your job to get that tax cut through congress, that depends on you to keep it? >> it's not about the rally, it's about delivering more of the income to hard-income families and allow them to keep it and not the government. that's what's important. it's about bringing jobs back to america. that's what's important. it's about continuing the beige growth that we saw in this unemployment report. that's important. those are what's motivating us. stuart: are you a happy guy? you used to run goldman sachs and now you're in the swamp?

>> i'm a very happy guy. [laughter] stuart: the president yesterday in appearance with the military brass talked about the calm before the storm and reporter said what storm and he said, you'll see, can you throw light on this? i know that i'm throwing you a curve, what do you make of this? >> stuart, i spend all of my time on the economic side but knowing the president, i think he was reminding everyone how we continue to make a large investment in our military, the budgets that are being passed right now which are pathway to getting tax reform done will increase spending for military, we continue to spend money in our military, we continue to invest in our military, we continue to modern sides our military and the president wants the world to understand that that's important to him. he's never going to telegraph what his next move is. stuart: 33,000 jobs lost last month. >> we knew, i said it a month ago that we would have some

relatively strange data because of the hurricane, almost all those jobs were lost in the hospitality entry. i think we lost 105, 110,000 in restaurants and bars. that's the effect of the hurricane. we are confident jobs are coming back. you look through the facts of this report, there's phenomenally good data. wage growth, look, we are 2.9% wage growth. these are really great numbers. it shows you that president trump's economic agenda is working. stuart: gary cohn, always a pleasure to have you on the show, come back soon, we appreciate it. thank you, sir. >> my pleasure. stuart: check the dow 30. we are still down 25, 30 points. plenty of red on the left-hand side, we are down 30 points as we speak. venezuela's socialist president says you might get military support from the russians to

defend against threats from president trump. we will cover that for you next k our recent online sales success seems a little... strange? na. ever since we switched to fedex ground business has been great. they're affordable and fast... maybe "too affordable and fast." what if... "people" aren't buying these books online, but "they" are buying them to protect their secrets?!?! hi bill. if that is your real name. it's william actually. hmph! affordable, fast fedex ground.

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stuart: negative job's report minus 33,000 jobs but if you dig into the report it was actually showing a strong and strengthening economy. that's why the dow is only down 20 points. now this, boeing buying a flying

taxi company. you have to about this one, nicole? nicole: agreed to buy this company and the idea here is to commute in the sky, forget about a taxi. ideally will be cost-efficient. that's what they think, travel time will be less, for trips under a thousand miles and you fly in the sky, 222. i will get right on it, stuart, new york, to miami, maybe and ultimately the goal would be just battery powered and wait for it, how about piloted remotely, pilotless. i don't know, would you sign up for that? stuart: i'm backing up away fast one, nicole. thank you very much, nicole. good story, though. venezuela raises the possibility of getting military support from russia. tell me about that? liz: this is maduro speaking at an energy policy forum in moscow

saying i am sure even if we do not ask, we will be given each more support from russia to boost our defense capacity and sovereignty. so this happened, russia is supplying military hardware to venezuela including tanks, air missiles and the congressman from florida is warning, she's out of florida, warning that venezuela is using nicaragua as -- stuart: russian hardware will be used against venezuelan people, not against america, not a prayer. hollywood hypocrisy. producer harvey accused of abusing women, trading power for sex and paying off victims to keep them quiet. my take on that next.

. . . .

stuart: we have today, a classic case of hollywood hypocrisy, hollywood hypocrisy.

harvey weinstein, the ultimate power broker, according to "the new york times," is a serial abuser of women. he is suing "the times" for $50 million because of their story. harvey weinstein is the ultimate hollywood liberal. a tireless promoter of women's causes. for decades he allegedly been trading power for sex and paying off his victims. in the words of "the times" own story, dozens of mr. weinstein's former and current employees from assistants to top executives said they knew of inappropriate conduct while they worked for him. ashley judd says she was asked to go to his hotel room, while naked, weinstein asked for a massage and ask miss judd to watch him taking a shower. she was trying to get back out of the room as fast as possible without alienating mr. weinstein. he fits right into the hollywood

liberal mode. there are few liberal causes he has not supported. he has given a great deal of money to democrats like kristin gillibrand and elizabeth warren. he gave $90,000 to the dnc. in public he says sex system terrible. in private he is allegedly sexist. do as we say, not as we do. we have this pro the hollywood elites, we hate guns but guns are in the movies. give us a tax break. press den sieve donald trump promoted hatred and contempt and hollywood is leading the anti-trump charge. knock it off, we don't want anymore moral lectures from you. the second hour of "varney & company" is about to begin. ♪

stuart: market coming back down. we're down 13 points. look at that level, 22,762. netflix just hit a new all-time high. as we say it is closing in on $200 a share. they're raising prices for new people coming on period. the stock is at 195. where is gold this morning? down a little bit. down nine bucks at 1263. where is oil? down a lot. $49 a barrel. that is 2 1/2% decline. back to my editorial at top of the hour, fox news contributor tammy bruce. i say this scandal is an example of hollywood hypocrisy and you say what? you're absolutely right. the notion of the casting couch has been a problem from the gipping of of the -- beginning of industry. from world war i this has been a dynamic. what is interesting mr. weinstein's statement, he came of age in the '60s,0's, this was the culture, way it

worked. so many individuals who lead that industry came of age in the '60s, '70s saying we all do it. this is cultural. it is not just me. this is how we behave. a lot of people thought this statement was a joke because how he ended it. he will take his anger having done the wrong thing and turn it on the nra. then he threatens wayne laperriere. what he is reminding everyone, i have been the funder of your causes. i am the one that can make a difference. look for liberals, he has gotten away with this because of his money. he has given to democratic candidates. people now are saying he should give money back that he raised for hillary, that he has given to hillary and elizabeth warren. he has been using this kind of power an money in order to maintain this dynamic in the industry and with democrats. stuart: i don't think it ends with harvey weinstein, if he says everybody does it or other people do it. there will be further

investigations. furthermore, miramax is harvey weinstein's vehicle. miramax is owned by disney. there has to be investigation about this. robert eiger, from disney, where did the money come from? ashley: that is the question. >> the coverage, in the industry everyone knew. it is not isolated, someone comes from los angeles, born in los angeles, it is a mining town of that industry, you know what is going on. here comes the question, why is there silence and who knew how long it was going on? stuart: you were the president of los angeles chapter of now, national organization of women. you were in that position, in middle of all of this. >> yes. there were times we were offered as entitity, money, major donations knowing what would come with those donations which i declined. there is always that kind of an effort. i welcomed this view and your point also, this notion that

there are moral betters or that they will point to conservatives or republicans. they need to clean up their own house. we now need to realize they have got their own issues. stuart: they think we're trash. they really do. >> they do. stuart: breaking in here. stay with us, please, tammy. breaking news from the treasury department. they're cutting more regulations to help banks. tell me more. liz: a lot of capital locked up at banks dealing with massive regulatory state that ballooned under the obama administration. the trump administration, via the treasury department tried to dial that back to unlock capitol for loans to come into the economy. basically what is happening, repeal parts of dodd-frank, push back on that. they're looking at overlapping functions between the cftc, meaning the banks have to have octopus arms to deal with regulators. stuart: more deregulation for the push forward the trump

agenda. >> trump is the the deregulator faster than ronald reagan. he unlocked 60% of the regulation put in place under obama administration. look in context how big it got under obama. stuart: well-said. it might have some effect on the market. we're only down 7 points now. we were down 40 earlier. news you might free up money from the banks. i think that is positive. liz: look at that turn. stuart: i want to move on to another theme on this program which is the amazon effect. look at this. both target and costco are launching delivery and pickup services. that is very interesting. they're trying to compete with amazon of course. joining us the man who understands business right from the get-go, star of tv's "bar rescue," author of the book, i can read that, don't bs yourself. i will read that on the air, john favor. welcome to the show -- jon

taffer. all kind of industry everybody is going to deliver, deliver to your door, except bars. you're the "bar rescue" guy. you can't deliver drinks from a bar. you are outside of the trend, aren't you? >> we are. in the bar business there are on premise licenses and off premise licenses and two rarely mix. there are few locations where you can do on the go cocktails. bourbon street is one. south florida is another. stuart: you can't have that delivered, you can't deliver socialization to your own home. is that ever a problem for you, jon? >> the fact of the matter you're right, stuart. bars are not about selling alcohol, drinks or food or beverage, they're interactive. when a bar provide as great experience, then people drink. when bars create a great experience, they stay longer, so

they drink even more. the product sales as a result of the environment. you know, you might love one bar. i might hate it. we react to music, lighting levels, colors, all these things impact where we go and how long we stay. stuart: i need your comment on this morning's jobs report. 105,000 jobs in bars and eating establishments. that, is all of that because of the hurricanes, texas and florida? >> it is actually. and it's incredibly unfortunate. some of them will come back online. some of them won't, but there is all sorts of efforts within the industry, even pos companies and various suppliers to expedite the process of getting them open. it's a crisis for us. stuart: we, love to have you on the show because you have a perspective on a lot of difficult subjects. i will throw a sports subject at you or a cultural subject.

cam newton, apologizing for his comments to a female reporter. roll tape. >> i understand my word choice was extremely degrading and disrespectful to women, and to be honest that was not my intention. the fact that during this whole process i have already lost sponsors and countless fans, i realize the joke was really on me. the young people who see this, i hope you learn something from this as well. don't be like me. be better than me. stuart: jon, your take please? >> it is great to look back and say that. you wonder if the sponsors left he would be so humble right now. you need to be held accountable. society holds some accountable, others not accountable. in this case i like he is being held accountable. stuart: i have a problem when you can insult the flag, insult the nation, nothing happens to you, but if you make the wrong

comment and it was a wrong comment about women, you lose your sponsors, you're out. there is a clash of values there that doesn't work for me. last word to you. >> i think we should ask harvey weinstein about it, to tell you the truth. stuart: very good, jon. that is a fine last line. jon taffer, everyone, great guy, great book. thanks for joining us. >> good to see you, stuart. stuart: coming up more on the massacre in las vegas. the shooter is compared to former marine sniper, charles whitman. the texas tower sniper. our next guest will tell us why that is not the case. president trump will sign a presidential proclamation declaring october the 6th to be national manufacturing day. we're talking to a manufacturer who has the president's ear later this hour. gary cohn, president trump's top economic advisor says the president's tax cut plan is well on its way to getting through

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stuart: i have a feeling any second we'll turn positive. ashley: come on. somebody buy something. stuart you can do it. stuart: not from the desk. can't do that. look at dow 30 please. about an even split. winners and losers. basically a pretty dead flat market. next case, stephen paddock, shooter of the las vegas massacre, some call him a sniper. not so. we're joined by a real sniper. jason delgado, iraq war veteran.

decorated sniper. the author of the look, 4/3. demolish this, stephen paddock is not a sniper. >> to call him a sniper, give him way too much credit. i know we're talking about semantics. i'm personally invested in this. associating two things with each other and wash out what the other one. what i did was in support of combat operation overseas. in support of fellow troops, we sometimes have the ability to turn tides of battles to get people come back home alive. once we're here, i'm writing a book. i don't continue that lifestyle, one. and two, what we do, as we look downrange through the scope, it's a two dimensional theater if you will. it is like when you go to broadway and actors are acting for you, you're involved, you're personally invested in the emotion, in the anticipation,

the energy of the moment, and you have to bring yourself to cross that point of no return. so this is a lot, you know, weighs on you, responsibility of what you are about to do, you witness this. he didn't. stuart: when you're in the field, you're a sniper in the field, you raise your gun, you're in the sights it is a human being. that is a target. >> not several human beings at a times because you're getting information of the area. literally like watching a play. you're starting to develop characters in your mind. to engage one of thighs characters, to reduce it to target you're personally invested. stuart: how do you walk away from that? when you come back home, you're no longer a sniper? >> there are things in place for us of the fortunately at a point we're over a decade into this, so a lot of us have personal experience how to overcome these things we can pass off to the younger generation of marines and soldiers coming out of the battlefield. there are a lot of things in place for us as it is. stuart: let me ask but the bump

stock controversy. the nra said, okay, regulate these things because they allow rapid fire. >> yes. stuart: are you in favor of regulation of the bump stock? >> i'm in favor of whatever this government decides it is going to do with the matter. here is my point of it. if we already have rules in place, regulation in place, limiting the purchasing and manufacturing of automatic weapons, and this device circumvents regulations it definitely warrants a second look. stuart: that is exactly what was going on. >> first look was 2010. whose administration was that? stuart: barack obama. when you were in the field as active sniper, you didn't use automatic weapon? >> we do. we have, our ars, ar platforms which are m-4s, they are 556. we have the capability to switch the select tore level to fully automatic. law enforcement, military we have that in place.

only way to purchase fully automatic weapon, class one, ffl license. you can transfer from company to company, from ffo company to a person. these regulations sometimes take three to four months. it is tracked every step of the way. the national firearms act, you know, regulates these things highly. we're talking about machine guns. silencers, suppressers, short-barreled rifles, short-barreled shotguns. other weapons. you know things like that. even devices fall under this category if it alters -- i really think warrants a second look. it should be categorized. that is because one, this device, from what i understand, i don't understand the full mechanics. this device floats allows recoil weapons system, recoil back and launch forward to stay the trigger in place. excuse me for that.

in a nutshell, you're taking a way, you're diminishing accuracy in of itself. you're talking about putting a rapid firing capability on weapon system, diminishing marksmanship or capability of practicing appropriate marksmanship. i think it is irresponsible. stuart: how long have you been back? >> i work back and forth to afghanistan because i contract. i've been back since april. stuart: are you doing okay? >> i'm doing okay. i'm back home. this is my new every endeavor. hopefully i stay home to be here for the children. stuart: what is the name of the book again? >> bounty hunter 4/3. came out couple days ago, october 3 record. stuart: i will read it. >> thank you very much. stuart: jason, thanks for being with us. honor to have you, sir. thank you. next case, 33,000 jobs lost in september. nancy pelosi blames the republicans. we'll tell you what she is saying after this.

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stuart: strong results from yum china. that is separate from yum! brands. they broke away. kfc, taco bell. the company announced chief executive, no reaction on the stock, dead glad. however, mcdonald's, selling a mc vegan burger. no meat, no dairy. here is my favorite story, general motors up again. look at this. up 2 1/2%. close to $45 a share. one of the top gainers on the

s&p 500. general motors, a technology company? believe it. nancy pelosi reacting to today's jobs report. ashley: you will love this one, stu. let's get right to it. she says quote, the devastation of the hurricanes laid bare corrosive effect of republican congress's total refusal to act on jobs and wages for working families. she adds republicans should abandon their job-killing giveaways for the richest and focus on raising wages and creating jobs for hard-working americans. stuart: i think democrats need new leadership. tammy. >> she may be responding to new pressure. representative linda sanchez out of california, time for pelosi and the entire top tier of leadership. there is terrific leadership, new generation coming in. could be speaking of kamala harris of california. here is what pelosi's problem is. they have detroited democratic

parity. the new leadership represented a dynamic more, kind of lack of a more of a direction where it is about black lives matter, going more after president. this, they're trying to save the party and they have no -- stuart: not like this. ashley: how can she say that with a straight face, given was achieved after the eight years of the obama administration. >> speaking to her own base. ashley: it is ludicrous. liz: they crushed small businesses and economic growth. president should insite linda sanchez and tim ryan to the white house. liz: that would be funny. stuart: uttering completely falsehoods. liz: completely. stuart: republicans did not initiate job killing policies. ashley: laid bare by the hurricanes. liz: economic agenda has not been pushed through. stuart: tax cuts give away to the rich. liz: tell that to the small businesses you flattened. >> it is slogans base want to

hear. that is all they hear. worried about their own jobs, and reinforcing falsehoods. stuart: listen to this, coming up, $5 trillion of wealth has been added to the nation since election day. since the election of donald trump. the trump effects. of course we're on it. all over it. ♪ ♪

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praise the lord. stuart: coming back. only down nine points, 10 points. 22,765. where are the big tech companies these days? facebook up, microsoft down, apple down. i would call that a mixed picture. last hour we talked with national economic council director, very important guy, gary cohn, we talked about tax reform, whether they can get it done this year, that is his job, get it done. listen what he had to say. >> we'll do everything we possibly can to get it done. secretary mnuchin and myself literally told all the members we're available seven days a week, 24 house a day to work with them, help them get a tax plan done. that is our number one economic agenda right now. we are fully committed to get it done in the time. stuart: that is gary cohn, powerful guy indeed. look who is here. host of ""making money with

charles payne"." >> good to see you. stuart: you want to make the point republicans are not selling tax cuts the way they should? >> they don't know how to articulate it and fight back against the main argument of democrats, somehow lower tax rates means less re knew to the government. let's go back in nist. 1981, individual tax rate was 70%. ashley: wow. >> he had federal government took in 61 billion from individuals. when it was in 1987, 38%, they took in $68 billion. same thing hon corporate side, stuart, corporate tax rate was 46%. by 1987, it was 40%. we went from 286 billion to 290 billion. more money came in at lower rates. just amazing. by the way, we haven't even talked about impact on employment. reagan had one month with a

million jobs created. haven't talked about impact on gdp. 4%, 7%, 3%. stuart: republicans have been demagogued to death by the democrats who say it is not fair. it's a giveaway to the rich. >> but so easy to articulate the fact that hey, you know what? one of these things, where the same tide lifts all ships. obviously the person paying most tax will get the biggest benefits when there is broad -- i don't think, i really don't think most americans care about what the next person is getting as long as they're getting something. stuart: fair point. >> that is what they have to articulate. this whole thing about, hey, this person is making more, getting more than you, i think it is old. i think americans are ready for something different. stuart: oh, please. liz: you think? stuart: put that number on the screen. fill the screen with that number. i just love this. $5,121,780,000,000. that is the wealth added since election of donald trump. you know, what charles? you were one of very few people who saw it coming.

>> i saw it coming. stuart: yes you did. >> i told people to buy stock on eve of the election, cintas. why? because they make uniforms. the stock is up 40% since then. you can see it coming in. this week, i will read awe a quote. this is a quote this week i heard. these strong results were supported by improved macroeconomic environment, renewed optimism, wage and job growth, increased consumer confidence. that was stuart miller, ceo of lennar. we heard the same thing from the national retail federation. we heard the same thing from the manufacturers association. they're all saying the same thing. stuart: but you didn't see it in the media, did you? >> never see it. it is a shame. stuart: glad you're back. hold on a second. more for you in a moment. i want to talk about walmart, teaming up with google to offer voice shopping, using the google home device. they're competing with amazon echo. liz: yes, they are. these two big titans are teaming

up. google express is a website, you go on, also can get a app on your phone. walmart saying $25 off coupon. thousands of walmart products on google express. 40 companies including target and costco. of voice shopping really taking off. stuart: hold on to a second, that microphone, that gizmo on the screen, that is the google device, right, right any say i want -- liz: cucumber salmon sandwiches from walmart. stuart: cucumber salmon sandwiches from walmart and they deliver them? liz: that's correct. stuart: charles payne, that is a very important development, looking voice activated computer power in your home. >> not just voice. internet, internet over technology protocol, your refrigerator will call your supermarket when you have run out of eggs before you even tell the device. it will know, you know what? i know at my house what happens, i will put food away.

my son wakes up at 2:00 in the morning and eat it. at least the refrigerator will tell the supermarket to bring it before i even know! i need this stuff. stuart: if you can ever fill up a young man, 13, 14 years of age, good luck. tell me how to do it. liz: not to be debbie downer on a friday, but the voice activated speakers on stay on even when they are off. that is an issue. do they share the info with marketers? stuart: that is an issue. >> my wife loves her alexa. they talk to her all the time. i haven't said one word to alexa. stuart: i might get one. liz: you? stuart: yeah, i'm a technical kind of guy, not that way, but i'm interested in the whole idea of voice activated computers. liz: like "star trek" enterprise. ashley: turn on fox business. that is all -- >> turn on the tv. knows where to go. stuart: alexa, play me the

beatles. play me, lucy in the sky with diamonds. liz: you don't really like that song. stuart: i do like the song. >> guys, i missed you. stuart: glad we're keeping you. >> all right. stuart: president is hosting leaders of the manufacturing sector at the white house a little later on today. marlon steel chief executive drew greenblatt joins us now. i'm not sure you will be at the white house but he joins us now. drew, the president is making a push for manufacturing. you're a steel kind of guy. do you want steel import tariffs? >> well, we are very excited about the future of the economy. manufacturers in general are over 90%. as a matter of fact the president is embracing manufacturing. two of our employees will be in the oval office today when he is making announcements about manufacturing. one of his big initiatives is tax reform which i had the

privilege of welcoming him to the national association of manufacturers board meeting last week, seven days ago, where he announced tax reform. it will be tremendous for our nation. we're really poised for great things. our nation is like a coiled spring. the american manufacturing renaissance will really happen. this president's plan for tax reform will do wonders for getting this economy really rocking. we're very excited. stuart: i got it, but i have to ask you, there has been some talk about putting tariff barriers on imported steel, maybe they're dumping it on us. would you like to see barriers, tariffs on imported steel? >> so, tariffs there are some industries negatively impacted. some industries postively impacted. we have to study this more carefully. the bottom line is, is that, the tax reform plan that the president is pursuing is going to do such wonderful things for our nation, that is what we

should be focusing on today, because i believe today is manufacturing day. that is going to have a huge impact. right now we have massive dislocation where canada is charging a 15% tax on their factories and in america we're charging 40%. that is not tenable for our small and medium-sized manufacturers. and our nation will really prosper. we'll hire a lot of talent to keep up with all the increasing demand with this new addition. stuart: hold on a second, drew. if you get a tax cut talked about, you will hire more people for your steel company, is that correct? >> absolutely. and more importantly we're already doing it, because he announced it a couple days ago, we're all-in. we're spending $1.2 million, we have construction workers at our facility today, making additions, knocking down walls, moving machines around to a accommodate a surge in business we're anticipating. optimism is over 90% for the

move evers. three quarters in a row. we're fired up. manufacturers are enthusiastic about the future this is before the tax cuts are installed. which are going to happen this year. we're very optimistic. stuart: okay. >> it is exciting time for the american manufacturing renaissance. stuart: drew, you're all pumped up. i don't blame you. thank you very much for joining us, sir. >> got it. thank you. stuart: fascinated by general motors. up a roughly a dollar today. $45 a share. been on absolute tear recently. deutsche bank may think it might have to do with the company wrapping up technology, part of gm that is big tech. self-driving cars, electric cars, that kind of thing. charles payne going to stay here. here he is. look, i'm fascinated, i have never seen such an industrial company go up so quickly, now be called a technology company. >> almost all these car

companies are technology companies. you know what? i have seen this coming over a year. they have been taking market share away primarily from ford. stuart: really? >> why did ford fire their ceo? why did leave? they were losing market share. they got static. general motors. backs were against the wall. american public rejected them for taking bailout. they have improved hard to improve product. last month sales were up 12%. the street was looking 8%. chevy sales are through the roof. truck sales are through the roof. they're doing very well. stuart: you say they're improving market share. not anything to do with electric cars? >> electric cars will shake out. we don't know who ultimately will be winner there. we know they have the win in their sales. wall street likes to reward that companies that take market share and have pricing power. netflix at new high, raised a buck. people spending new people up

yum for trucks an cars. they are firing on all cylinders. stuart: i bought a ford f-150 truck. >> ford f-150 was up 21%. rest of the ford car line -- stuart: do you approve of stuart varney. >> they put out the super chief. i don't know you guys remember it. i wanted it so badly. my wife said you can't have a truck. i closest i got a jeep. i want a pickup truck. i want, big bad boys, with eight, nine wheels on it. they charge $100 an hour to park it. i want one of the big bad boys. stuart: sell you my ford f-150 for modest premium. ashley: nothing modest bit. stuart: charles, you're all right. >> thanks. stuart: the left's contempt knows no bounds. nbc claims secretary of state tillerson called president trump a moron. the mayor of puerto rico says the president's performance in puerto rico was disgraceful.

we'll wrap it up in a moment. ♪ [fbi agent] you're a brave man, mr. stevens. your testimony will save lives. mr. stevens? this is your new name. this is your new house. and a perfectly inconspicuous suv. you must become invisible. [hero] i'll take my chances.

ashley: well here we go again, tropical storm nate expected to reach the gulf coast this weekend, yes as a hurricane. in last hour janice dean gave us

the latest forecast. roll tape. >> you know, mexico, cancun, could disrupt it. the storm needs warm water to travel n we'll see what happens when it exits cancun and gets into the gulf of mexico. this is our best educated guest, making lan fall sunday morning across south eastern louisiana, mississippi, florida panhandle. as a hurricane. these areas are vulnerable to storm surge, heavy rainfall and strong winds. impact on the gulf coast. there is potential to strengthen further. the one thing of good news, it's a quick mover. sunday it makes landfall. by tuesday it is up towards the northeast. fidelity, where smarter investors will always be.

stuart: stock market pretty flat but price of oil way down nearly 3% lower at $49 a barrel. how about gold? well below 1300 bucks an ounce. 1270 as we speak, down three bucks. ipo. initial public offering. the company is switch. they build data centers. they started trading and are way you, 25% on their first hour of business. new york's "comic-con" kicked off today. it is all about comic books, videogames, that type of thing. tight inned security in light of las vegas shooting. deirdre bolton is at javits

center where "comic-con" is being held. is there a security problem? reporter: all righty, stuart you need to come down here. need to get you in a few costumes people are walking around. you mentioned the word security. they're taking it seriously. 180,000 tickets were sold. coming in here this morning was like walking into airport. there are metal detectors. there are x-ray machines. k-9 humans sniffing the air for substances. producer has an app. as any of event-goers see unsafe behavior they can flag that company. another first i want to highlight, organizers have for the first time, hired an outside third party security team to bolster what they already have here. i should point out, as well, a lot of these booths have their own security teams as well. so extra, extra security here. even stuart, as you can see from

some of the people walking around, they have props as part of thatter costumes. a lot of people have swords. a lot of people have light sabres. all of that actually has to be checked, and if you have anything that looks like a gun, even a part of your costume, you get a brightly colored sticker on the prop. so there are not fooling around here at all. i want to mention from content perspective, netflix and marvel pull ad series of events for what they refer to as one of their most violent series, called the punisher. they said feel like disrespectful to the victims t takes some of focus away from them and their families after las vegas as they try to heal. netflix and marvel pulling that, those events at least for today. stuart, back to you. stuart: good, deirdre. speaking of netflix, they are raising prices because they want to fund a big bet on content. what have we got on that?

ashley: they will spend $7 billion next year alone. they're in a lot of competition with amazon, hulu. don't forget disney announced it would do its own video streaming service very soon. because of that they're raising rates. if you're part of netflix's premium plan, run full concurrent streams, going up two bucks to 13.99 a month. two concurrent streams go up a dollar to 10.99. what is looking at stock price, investors say fair enough, you need more money. don't think it is big enough raise to lose subscriber base. subscribers of netflix in the u.s. really slowed down but they are expanding quite well around the world. it is very fragmented market. they were early to it. but now they have a a lot of competition. stuart: 14 buck as a month for wide range of options. ashley: they have good stuff. stuart: more "varney" for you after this. the dow is down a near 27 points.

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stuart: the left continues tirades against president trump. cnn's jim acosta pressing white house press secretary sarah huckabee sanders thursday. listen to this. >> does he, does he value the first amendment as much as he values the second amendment?

>> absolutely. the president is a incredible advocate of the first amendment. but with the first amendment -- hold on. i allowed you to finish. with the first amendment, with those freedoms also come responsibilities. and you have a responsibility to tell the truth, to be accurate. stuart: a little pressure there. media research center president brent bozell joins us now. what is your thoughts, brent? i mean on that issue, and also this continueing detesting, this contempt, expressed so publicly by the media? >> yeah, just won't stop. in the month of september alone, here we go again, 92% negative coverage. it has been in the 90s since he ran for president. it will not stop. put the issue in its proper perspective. what happened was, the president called for senate investigative committee on russia to investigate the media.

at first blush, you don't like the idea of government overseeing the press because, it does violate the first amendment. on the other hand, what you have got is the press that has been staving for months and months and months there was collusion between the trump administration and the russians. in the report that just came out, they said it is not true. there is not one lick of evidence after all these months. if you have got all the media suggesting that the president was lying, now the president is saying, maybe they should investigate the media lying. i think it is clever. stuart: you know this, is extraordinary. because you're right. for months and months, it was russia, russia, he is in collusion with the russians. he tipped the election. now there is report, that is not true, didn't happen. i'm not seeing that reported anywhere. fox has been doing it. we've been doing it. everywhere else they have not touched it. >> there is nothing new about russians meddling in elections. this has been going on, documented for decades.

that it has been happening. by the way the united states does it too around the world. these things happen. but, the suggestion that the trump administration whether, the president, whether jared kushner, whether general mattis, whether, all these stories that have come out, we must underscore in the thousands of stories there is still not one scintilla of evidence. and yet, they keep, trump beet, drumbeat, trump -- drumbeat. maybe they should be investigating your line. and they're going crazy. stuart: you're our table-pounder. we like it. brent bozell. see you real soon. promise. >> thank you, stuart. stuart: up next, ann coulter. we'll be back.

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stuart: the national rifle association says those bumps stock devices used by the shooter in las vegas should be subject to additional regulations. this is news. it turns a semi automatic rifle into a fully automatic weapon, rapidfire, keep your finger on the trigger and bullets fly in a continuous stream. you can spray a crowd which is what stephen paddock did. the nra favors regulating these devices. the wording of the regulators should be carefully checked so it does not descend into an attack on gun ownership and there will be support for the measure from democrats and republicans. the device allowed stephen paddock to maximize his killing. it was a mechanized massacre. he turned 12 rifles into attack style killing machines. it was not a defense, it was for offense.

the nra rightly supports regulation. next we hear from dana last, her nra ads are powerful. what does she about bumps stock regulation? the third hour of "varney and company" is about to begin. let's get right at it. our first guest is republicans should support a ban on bump stocks. a piece in the washington post called a loophole that all republicans should want to close. i have read your piece. i think you agree with the nra position and republicans should support it. that is news because republicans and the nra traditionally against any kind of regulation. >> we will talk about regulation in a second but bump stock most people agree

including nra supporters that bump stocks should be banned. in 1986 ronald reagan signed legislation that banned automatic weapons. it has been in effect 30 years supported by republicans and democrats, the nra, and bump stocks are a regulatory loophole that allow people to get around the automatic weapons been. this is not new gun control regulation but an effort to close the loophole that someone has come up with to turn a semi automatic weapon into an automatic weapon. >> some people say this is a slippery slope. you open the door for a general attack on gun ownership. that could happen. >> the nra position is doing that. in 2010, barack obama's acf ruled the bump stocks were legal because they are a firearm part and not a firearm so they are not regulated. the nra suggests trump issue a regulation banning them.

that is the slippery slope because if you get a democratic president to look at barack obama with his unconstitutional executive actions on immigration and other things a democrat president could say if we are allowed to regulate firearm parts which we weren't allowed, congress never gave us that authority but now we have it we will regulate scopes come all sorts of things and maybe semi automatic weapons are banned under the automatic weapons dan. what republicans need to do is stop hiding from the idea they should pass legislation. senator dianne feinstein has introduced a bill which is a strict ban on bump stocks and other devices that turn semi automatic weapons into automatic weapons. we should support the legislation, past there are legislation as opposed, since when do conservatives think the atf should have unconstitutional authority to regulate guns. >> at this point i believe you are saying republicans not only should support it but will

support the feinstein legislation. >> they are hiding behind his regulatory move. people in congress don't want accountability. they don't want to vote for gun control legislation. let trump have the atf regulate this and what that is doing is creating a slippery slope we don't like because if they get the power to legislate what else can they regulate? it is not constitutional. this is a second amendment right. if republicans want to do the right thing instead of -- do something bipartisan for once, this is where republicans and democrats are agree. i was so afraid of bipartisanship we can do something simple like pass a narrow carefully written bill? how hard is that? >> how do you feel about it when many democrats wanted, came and chimed in and said gun control, got to have it.

>> it was an outrage how quickly they turned around to political eyes this. i wrote another column about this, that hillary clinton within 10:03 am tweeting about how we have to oppose the nra on silencers which had nothing to do with it, they jumped on this so quickly to politicize it. i understand republicans are hesitant to work with democrats who politicize to this monday but feinstein in 33 democrats introduced a narrow bill just to and devices, semi automatic weapons, not to banned semi automatic weapons, this is a narrow bill and republicans should work with her on this. let's do it. stuart: good point, cover tightly written narrow

legislation, not broad-based regulation, dana lash is on the show. always -- >> good things to say. >> thank you, appreciate it. let's check the big board, there was a week jobs report, 33,000 jobs cut jobs report. 5,120,000,000,$000, that is how much wealth has been created in the stock market since the election. joining us now moody's managing director john lansky. if i call that the trump rally will you object? >> no, i will not. what makes this rally more impressive is it is broadly

distributed, includes blue chips and smaller companies. >> an extra $5 trillion worth of wealth all goes to the rich, the people who have got the money. >> if you have a pension fund that invests in equity this is very good news for state and local governments that have these unfunded pension liabilities easing the burden they have to face. stuart: it is spread around. >> it provides businesses and consumers with confidence, more willing to spend. my share price is rising sharply i am more likely to go ahead and add to my production capacity and hire new workers. stuart: back to the september jobs report. i found a couple items within the report. average hourly wages up sharply, up 3%, >> even if you try to adjust to

this loss of jobs and low-wage industry, a 3% year-to-year jump by average hourly wage. >> breaking news, congressman peter king. republican new york, among 12 gop house members to meet with republican leadership to discuss the elimination of state and local tax deductions. the 12 were from new york, new jersey and california. high tax states that will be negatively affected if people in those states could no longer detect state and local taxes against federal income taxes, there's going to be some kind of compromise whether it is or some of it. >> 3 dozen house republicans are from these high state and

local tax states. whether they were up for reelection in the midterm is a big deal. stuart: what do you make of this? if you get rid of the deduction against federal returns, you get rid of that -- high income earners pay a ton more money from california to new york, massachusetts and illinois. >> not just wealthy people but a lot of schoolteachers in that area where husband and wife are teaching, 175,000, their total tax, state and local income taxes is half their income. there is a lot of what we call middle income people from this area that would suffer if this -- the compromise maybe applies to the very high income earners, $2 million and above. >> you are all right, and how

will be when it makes landfall. and golder has a problem with mainstream media coverage of the las vegas shooting. nra spokesperson dana lash will explain support of bump stock regulation. why didn't they do it sooner? stay with us. that college experience that i had.

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stuart: the nra releasing a statement calling for a federal review of bump stock regulation. here it is, the statement, the nra believes devices designed to allow semi automatic rifle to function italy automatic rifles should be subject to additional regulations. joining us now, dana lash, frequent guest on the show. there is a difference here between a change in regulations which the nra seems to support in the legislation by dianne feinstein which is very narrow and geared towards eliminating the bump stocks. which side are you on. the what the legislation or regulation? >> i wish i was talking to you under better circumstances because everybody's heart is breaking after what happened in las vegas. people just want to keep themselves safe.

i don't millions of americans, law-abiding americans and i will have everyone remember conceal carry holders are the most law-abiding americans according to recent studies, they want to protect themselves and not get dragged into the uncontrolled circus. dianne feinstein would ban everything apart of a semi automatic rifle or semi automatic fire and period if she could. this is where congress needs to step up and do its job and make sure american rights are protected. that is what they are elected to do, that is what millions of gunowners elected them to do. stuart: if you go on the other side of the fence, the nra line that they want to look at the regulations on the bump stock. you can change those regulations for future democrat president. in the blink of an eye taken change the regulations.

if you go with legislation you require a vote to change the law in the future. >> it is not the atf, some people out there think they can or that they are the same organization but that is not the case. my friend mark was on with you, we went through election coverage, fantastic guy, and understand what he is saying, this is where congress has to act, to make sure they write a good piece, they don't allow american voters to have their rights steamrolled. they need to do their job, they have been inconsistent for the past 10 years. and felony prosecutions for

felony gun crime. >> if it was tightly written legislation, just banning the bump stocks, if you could do it that way, tightly written, would you vote for it or against it? >> i am not an elected official. i don't engage in hypothetical arguments, we could play that -- >> i want your opinion. >> we elect congress to do this. stuart: you won't give me your opinion? i want your opinion. >> what question are you asking? stuart: if you could get tightly written legislation which simply band bump stocks would you support it or oppose it? >> i way lapierre was clear last night when he said the nra does not support confiscation nor -- they are not asking for a ban, nra members are not asking for a ban or confiscation, we are asking for atf to look at the regulation.

this is a question of the atf whether it is doing its job in consistency and that is where this comes in. mister lapierre was clear when he said that last night and furthermore nra members have been clear on this. what isn't clear is where congress is, the job congress needs to do, the consistency or lack thereof from the atf the past eight years. that is where our focus is. we can talk about things that can be done, we can talk about the system that failed, universal background checks failed in california twice. we can talk about the system that failed in charleston with a murderous racist doug dylan roof where you had fbi director james comey say it was a clerical error that resulted in this murderous thug and his ability to purchase a firearm. i will tell you people want to protect themselves from the monsters. we want to protect ourselves, the system we are told to trust

is not doing it for us. this is where congress needs to act and the atf to do its job. stuart: always a pleasure, thanks for being with us. breaking news, the trump administration is easing and obamacare mandate that forces businesses to cover contraception. blake berman, this is a change in the contraception rules. >> it comes from health and human services hhs, a new rule that would for all companies with you are private or publicly traded, allow that company to seek an exemption for the contraception mandate under obamacare. the big phrase is whether or not these companies can establish a, quote, sincerely held moral obligation. discussed two ways. on the one hand religious liberty. the president said he wants to expand religious liberty and this does that.

on the other hand those women from those companies who rely on the company for contraceptive coverage might have to come out-of-pocket. health and human services estimated that to be $120,000. this has been highly controversial, highly litigated. you can probably cue up the lawyers once again. stuart: that is my line, thank you very much. coming up, and coulter not happy with the mainstream media's coverage of the vegas shooting. she will explain her position on that. and ask her about california governor gerri brown signing a bill to turn the entire state into a sanctuary for illegal immigrants. english soccer fans not happy about their team's performance against slovenia last night during the first world cup qualifiers, they started throwing paper planes onto the

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stuart: i am reliably informed that music is feeling good. one of the nominees for the rock and roll hall of fame, 18 other acts have been nominated, the radio head, moody blues, members of the music industry, they all decide which of the nominees is inducted into the hall of fame, the list will be announced in december, their money held at the rock 'n roll hall of fame in cleveland next april. scientists at harvard at mit have developed so-called smart tattoos that can detect medical emergencies. they have special ink the changes color based on sodium, ph, glucose and hydrogen ions present in your body, researchers say that can detect dehydration then changes in blood sugar. look at this.

a 12 foot buoy from the soviet union washed up in south florida during hurricane irma, it was spotted on the beach two days after the storm hit. a 40 think it floated over from cuba. donald trump met with military leaders at the white house last night, something he said raising eyebrows. what did the president mean when he said this?

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stuart: i will call this a modest loss down 18 points. look at the level, 22,756, donald trump raising eyebrows during a meeting with senior military leaders yesterday. >> this represents the calm before the storm. >> what is the storm? >> the calm before the storm. people. thank you all for coming. >> what storm? >> you will find out.

stuart: what storm? you will find out. mike baker is here. take her head out of your hands. this is a former cia covert operations kind of guy. would you like to speculate what the president means by the calm before the storm? >> that smile after he said it looks like my cat after he catches a -- i don't think speculation is ever helpful and i don't think anybody on this planet short of the president knows what he was referring to. i don't think he was specifically referring to anything. it is always extemporaneous with, something flies out or he tweets something and at this point, it is exhausting to parse everything he says. stuart: i think he does it deliberately to sow confusion.

the north koreans haven't got a clue what this guy would actually do. >> there is something to be said for the way this is played out with north korea, china most importantly. the only reason china may follow through with sanctions and play ball with that which is the key to the situation is because their mindset may be in a different place due to the president's actions and things the president said. if they believe it to be in their best interests because this is a different administration and they can't game it out, works in our favor because heaven knows the past 25 years appeasement and diplomatic letters hasn't worked. stuart: if he convinces the north koreans or they believe he might pull the trigger so to speak is exactly what america wants. >> that roomful of reporters

going back to that moment when he said that, you may be absolutely right. there may be brilliance to what i put down to be off-the-cuff remarks. there may be something to that. stuart: what were the general thinking you could ashley: they have their heads in the sand. >> might have been some beverages board afterwards. i don't know but i think there is some advantage to us and we need to understand that even though we may disagree, there's advantage to the countries overseas the don't have our best interest at heart, not knowing, not understanding not being able to figure this administration out every time. that plays to our advantage. we need to be consistent with our allies but those who don't have are interested hard it is

not a bad thing. stuart: i think mike baker likes our president, you like his style. >> i like this country to do the best it can. i said this before, i didn't vote for either candidate. i felt the country that they could have done better with our candidates but he is our president. he's my president and i want this administration to do well, i want this country to succeed. it exhausting watching the resistance constantly bang away at the president. if you don't like it find coworker political system. stop the constant yammering and whining. like my 6-year-old when he doesn't get what he wants, constantly complaining. it is like resistance. stuart: you are all right. hold on a second, breaking news. boberg all expected to plead

guilty to desertion and misbehavior for abandoning his post in afghanistan according to two people with knowledge of the situation. the present called bergdahl a no good trader. >> it desertion, this is minimum. we misplayed that bowe bergdahl think am i don't understand how someone walks after post and endangers their comrade in arms. stuart: desertion, goodbye. let's get back to the jobs report. 33,000 jobs cut in the month of september. look like bad news. scott shellady with tj am investments. i thought this 33,000 job cuts was because of hurricanes in texas and florida. is there more to it? >> that is what is there. estimates are usually pretty close. because of these hurricanes no

one knew what to expect. the government had a free one. from losing 50,000 jobs to gaining 200,000, a really wide spectrum. at the end of the day it was an easy one because if it was going to be really bad, they could say it was because of the hurricanes. if it was good look how great we did because of the hurricanes. this was a free one. the market will overlook it. stuart: some good stuff in there, wages up sharply, 330,000 fewer unemployed people, 575,000 people back into the workforce buried by this negative headline. one more for you, $5 trillion in wealth has been added to the value of american companies just since the election. i call that the trump rally. will you take me on about this? >> i would agree with you 100%.

another thing, participation rate is going up, more people in the labor force, we see wages start to rise and that is happening. normally i can be a downer but i saw this report is not being bad telling me we have broad-based growth and we see inflation sneaking and employers are competing for employees the right way. stuart: if you want to start being a downer move out of england. i am warning you. scott shellady, thank you. we rescinded -- i want to talk tax reform. corporations will repatriate their profits from overseas if we get the tax rate down and a tax reform plan passes. chris wolf, chief investment officer at first republic

private wealth management. if we get 20% corporate tax rate, is that enough to bring back a good chunk of the $2 trillion parked overseas? >> we think so. you might see winners and losers because some companies have high taxes, others make use of offshore havens to keep the tax rates low. the pending where that 20% falls we can see different effects. stuart: $2 trillion parked overseas and we get a 20% tax rate, how much comes that? don't care who brings it back but how much? >> ballpark estimate 50% to 75% stuart: is very big number. you are talking 1 trillion to $1.5 trillion, i don't care for goes to stockholm with more dividends or stock buybacks, that is a lot of money.

a big tax bill. >> the money comes back, goes into share buybacks and other corporate action. that is a dynamic when you bring the money back that has been un-remitted, has been there not only for tax reasons but because it is used for business purposes. stuart: we are already up $5 trillion worth of extra wealth, we had gary cohn on the show saying we are working day and night to get the tax cut through. if they get the tax package done and it is this year, the lower corporate tax rate and the money comes back does this stock market go higher still from the 22,000? >> this would be a bonus for investors. the biggest committee, apple, microsoft and others will bring

the money back. it may be debt payments, dividends or other things that are shareholder friendly. stuart: a plus for the market potentially. why do you say potentially? >> there are so many element in the tax package, not clear it will land at 20%, might be 25. this plan is bold. there are so many negotiating points, the repatriation and territorial aspects end up with not 20% but 25 and something else on limited partnerships. too many elements for negotiation. stuart: a tax-cut package helps the market anyway you slice it. chris wolf, first time on the show. you want to come back? >> certainly. stuart: thanks for joining us, see you again soon. and coulter coming up, we will

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big news out of tesla, elon musk is ready to power puerto rico tweeting the team has done this for many small islands around the world but there is no scalability limit. it can be done for puerto rico as well. the island's governor responded with a message saying let's talk. solar installation in american samoa with all the panels, over 5300 solar panels that can supply 100% of the island that electricity and store enough power for three days with any sunshine. tesla has been a winner over 75% in the last year.

stuart: you may have heard us talking during the break. our guest is and coulter, you can't keep her very quite you can't shut her up but of course you can. the book is in trump we trust what i haven't read it yet but i will. >> if we could get trump to read it we would be in business. stuart: you are critical -- >> i never give books away. i make him pay for it. stuart: i want a book. you are critical of the media

coverage of las vegas. the omi but what is your beef? >> i haven't paid much attention to the news the last 24 hours so i don't know if this has been entered yet but in the first 24, 36 hours we didn't know what the $100,000 wired to the philippines for, the only we knew about the woman who has been living with him for years was she wasn't there, she's not involved. did she notice anything? stuart: it did come out very quickly almost immediately that was stated. >> why were their two windows broken? did anyone go into the room? he took the room thursday. there are supposed to be surveillance cameras anywhere. did anyone go into the room? the media -- that is what i find interesting. they seem strangely reluctant to pursue this. they decided he is a white man, we got our story, don't look for other facts. stuart: do you think there's a

conspiracy? >> no. i think the media wants to say it is a white male. any other information might change that narrative. they don't want to know. this is how conspiracy theories arise. you won't tell us this stuff. the woman shouting you are going to die 45 minutes before. probably just a crazy woman but could we find out? stuart: it was reported that woman went through the crowd 45 minutes before the shooting, no one followed up on this, never reported again. >> i have never seen that happen. stuart: gerri brown just signed a bill, don't know why you are laughing. a sanctuary state safe for

illegal immigrants. >> there is a silver lining. that is what i am here for. to clarify what a sanctuary city is, these are laws passed over generations of democrats and republicans, upheld by the court, and we are not following it. and we were a sanctuary from justice kennedy's insane opinion on gay marriage, sanctuary from any supreme court rulings we don't like on the second amendment and obamacare, what california is so much better. and not following the federal income -- stuart: a battle royal in the

courts about this. >> with the emperor god trump for not building the wall yet. one of the most important things, we will get judges on the courts and there is no such thing as right wing judicial activism. no say in court can say this is okay with arizona. to enforce actual laws on the books. if the president doesn't want to enforce them he is the president, immigration is a federal issue, on the other side of the coin, following federal law. no court could uphold this. you don't care. stuart: a real court problem. i was going to ask about michelle obama saying people don't trust politics but i know

where you are coming from. >> i would like to say one thing about it. >> the sooner these white men figure out -- >> 30 seconds, do you invest in the stock market? >> yes, though i think -- stuart: why are you turning cagey. >> i still think there is a bubble in the stock market. i pulled 80% down. a huge rise. when it crashes and it is going to, sitting through -- stuart: so sorry, you have not been watching "varney and company". >> i have, thinking you people are crazy. there is a bubble. stuart: you do liven up our

fridays. tropical storm nate is gathering speed as it heads toward the gulf of mexico, there already, 22 deaths in central america because of this, it will strengthen to hurricane level. janice dean is here to tell us where it will make landfall after this. i don't want to sound paranoid, but d'ya think our recent online sales success seems a little... strange? na. ever since we switched to fedex ground business has been great. they're affordable and fast... maybe "too affordable and fast." what if... "people" aren't buying these books online, but "they" are buying them to protect their secrets?!?! hi bill. if that is your real name. it's william actually. hmph! affordable, fast fedex ground. parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window.

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stuart: nate, tropical storm in the gulf heading towards america. janice dean, i want to know where it is headed, when it hits and how strong it is going to be. >> all excellent questions. bottom line is we have to watch and see but we can tell folks if you live anywhere across coastal louisiana, mississippi, alabama, florida panhandle pay close attention. we think the center of the storm will come east of new orleans over day saturday into sunday as a minimal hurricane. there is the latest advisory, 50 mile-per-hour sustained when strengthening a little bit and we expect it to remain a tropical storm the next 12 chances 24 hours and once it make landfall over southeastern louisiana, mississippi, alabama could be a category one minimal hurricane.

concern about the rainfall amounts, storm surge and potential for strong winds. the good news is it will be picked up by a trough that will make this move very quickly to the northeast, it will accelerate as it make landfall sunday morning. hurricane warnings now up with the latest advisory. hurricane warnings extending much of the coastal area of mississippi towards alabama. hurricane conditions will start to go downhill in the next 12 to 24 hours. storm surge 3 to 6 feet, this is very vulnerable to that storm surge, that wall of water that gets pushed by these counterclockwise storms and the wind gusts, 50 miles an hour depending on where it makes it impact and the intensity. we will keep you posted. it will be a quick mover, that is the good news. stuart: we will take that. we will have more varney after this.

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stuart: we'll show you video of a soccer game. this is how boring soccer can get. you see this is game between england and slovenia. they start throwing paper planes. when it goes into the goal, they were so crazy. >> it was biggest cheer. it was so boring. just to, quote, every american who hates soccer. yes it was incredibly boring. england were awful. they won. biggest highlight after plane of a paper plane came from the stands, floated into the goal. everyone stood up and cheer. how embarrassing for the players

when you biggest cheer you get from a paper plane going into the back of the goal. stuart: 10 seconds, neil cavuto will make some smart comment i'm sure about soccer. here he is. go ahead. say your peace. say what you got to say, neil. neil: i can understand why you left. stuart: that's good. neil: thank you, my friend. so much going on. we're following up on developments, not the soccer thing. back to the this vegas thing, why the heck did he do it? they have no social profile. no hint what made him snap, if he ever snapped, because he obviously meticulously planned this whole thing. his girlfriend was revealing more about his behavior, he was increasingly volatile the last few months. we don't know what triggered that. security events around the nation what could be concerns there are no copycats out there want to do what he