maria: final thoughts from a bottom-line. >> want the president of the united states is helices made progress of the chinese i.d. nuclear north korea. maria: steve forbes. >> icon stilted of marshmallows and i could try tax cut. >> see you tomorrow. here is stuart varney & co. turn to roy moore could be the man who scuttled tax cuts in the senate. ms this has become. it could not be worse. good morning, everyone. here's the latest. his wife defense of his new accusations surfaced. there's no way he will drop out of the alabama election in december 12. republicans are horrified no one has come up with the way to keep him off the ballot and it will be almost impossible to keep them out of the senate. one long shot. republicans passed a tax cut you for where moore takes his senate seat. anyway you slice it, another

headache for tax cuts. here's a headache for hillary clinton. attorney general has asked prosecutors to consider special counsel for the clinton foundation in america's uranium to russia appeared finally, the russia story turns to hillary. talks on hold. everyone waiting for the tax plan. mick mulvaney told us yesterday he hoped for a house bill this week and a senate bill before thanksgiving. very aggressive timing. we get back in knoxville meadows. today opening lower. a jampacked show for you. "varney & company" about to begin. let's turn to the twitter account. president trump treatment about a big announcement when he returns from a show later today. here's the quote.

i will be making a major statement upon my return to d.c. time and date to be set. don't know what is going to talk about either. he'll speak to the house republican conference on thursday. the white house confirming that to fox and the president will address the gop ahead of the house tax reform vote which we are told will be this week. the roy moore mass effect allegedly has come forward and not gop senators lining up to tell more step aside in the alabama senate race. all rights, judge napolitano is here. looks right now as if william morris the man who upset the tax cut applecart. >> i know you have that fear, but even if he is elected by a majority of voters who will take 10 days to be certified at minimum. that's very close to christmas eve, write to the weekend before christmas and congress is in

break. if congress gets as worked congress gets as worked on before he selected i don't think i have the fear. long-term repercussions but it won't be the one you're worried about. stuart: for them or is elected december 12 come it takes 10 days to a story, license -- >> certified. train to the longshot as senate republicans can get the tax cut done before december 22nd. that's they way out of the mess. stuart: which you call a tax cut is not a real tax cut. stuart: but you know where i'm coming from. you can't delay the election. you can't take them out realistically one season. >> some of them said they can't refuse to see ken. supreme court ruled there is only two requirements that easy age 30 or older which he obviously is in the db a lawful resident of the state which he used to the senate can't add

another requirement that you have behaved properly. second thing, they can't remove him from the senate for behavior that occurred you for he entered the senate. congress has never done that. the last person removed against his will with 1862 for treason for favoring the confederacy in the civil war. stuart: luther strange is the current alabama senator who sits in the united states senate and will sit until roy moore, if he wins, because. luther strange is that either until december 22nd. it all hinges on which this be the senate can do his job and his job in passive before december 22nd. train to procedurally what you are saying is correct for a change. [laughter] stuart: what is wrong with this

bill? spending is better than nothing. >> a sordid state of affairs in the election turns on do you believe accusers whose credibility seems to be stronger than the denials. the people of alabama have a right to make their judgment to overlook these allegations and choose for whatever reason they want. i think the democrat wins as well and it might be better to have a conservative democrat than a republican that no one will even shake his hand. stuart: that's a good point. >> as for the tax measure. >> they are not going to do that. something is better than nothing. >> okay. i'm sorry, folks. i have to say on the scandal. charlie kerr, turning point u.s.a. young guy, conservative guy.

i think he's all right. steve ben and citing very much with roy moore. this is really all about opposition to establishment republicans. that's what it's all about. whose side are you on? >> i think very highly of steve pate with that being said, he made a political miscalculation here. but coming knowingly he knew in the primary but it had way more. i don't think luther strange is that much for the grassroots candidate. all things considered, it's hard to get five women accused akayev something to some sort of politically orchestrated act. >> a report came and he was banned from a shopping mall. >> there were other people that knew he was dating teenagers. we have to say we don't want any part of it. >> granted he really doesn't like the republicans. i got that. by siding with roy moore in the

sense since he's gone overboard. >> the primary involvement make with what he did get he's been quiet recently since the allegation. the website are a part has been willful and defending and going after the accusers which he is very involved with. i understand the motivation. he steps up with republicans that don't do anything. stuart: something is better than nothing get it done. >> this one i would vote for. i hope it passes. put it this way. i'm not enthusiastic about it. >> something is better than nothing. stuart: i've got no time. 20 seconds. i'm running out of time. >> nice necktie. stuart: but the tax guide deal on hold. the markets on hold.

we've got a downside move at the opening bell today. down 50, 60 points. a look at ge. this is a premarket quote down again, down 5 cents today. the worst selloff in eight years today down this morning below $19 a share. that is ge right now. hurricane harvey and irma boosted demand for emergency products. the stock is at the mere 27 cents. at this .1%. the disappointing sales at advance auto parts. that doesn't matter. it is up 17%. i just can't figure out this market sometime. we call it a forecast from sporting goods. i guarantee it out. 4% down. flat sales at tjx. the parent of t.j. maxx, marshalls, home goods. looking to the future fourth quarter. not much of an increase in sales

there. tough time for retailers. congressman jim jordan and matt gaetz calling for a special counsel to investigate hillary clinton. jeff sessions may grant their wish. joining us now come and matt gaetz republican from florida. are you focusing on the deal in the clinton foundation? that's what you want investigated? >> absolutely. we cannot live in a world where hillary clinton lost an election should get a de facto immunity deal and we got exciting news last night the attorney general is attorney general is open to appointing a special counsel to investigate hillary clinton, could foundation deal from effusion gps, bizarre circumstance where loretto lynch was directing james comey to call the investigation a matter and i must than an hour will have jeff sessions for the first time before the house judiciary committee and we expect to get answers on the timing of the appointment of another special counsel to look at these very serious crimes by real

criminals. >> that's right. he appears before congress at 10:00 eastern time this morning and you think at that time there will be more pressure in another statement on the special counsel to investigate hillary, correct? >> i do. three and half months ago the chairman bob goodlatte along with 20 members of the judiciary committee sent a letter demanding the appointment of a special counsel to look into these very serious matters. we only got a response late last night on the e.u. of the testimony yesterday. we expect action. we have to see progress because this is not retribution against a political opponent. this calls into question the security against the iranian asset today. we need to know if there were bribes or kickbacks that involve the clinton foundation that in an ongoing way or in danger in our national security.

>> maki sea launch this and we appreciate you being with us. thank you very much for joining us. >> thank you, stuart. stranger this is interesting. new guidelines on blood pressure. tens of millions of people are now classified as having high blood pressure. half the adult population. new survey on giftgiving. right before christmas, 69% of the same will be okay with not exchanging gifts with friends and family. they'd rather spend time with people they love then go shopping. bah humbug. this is fascinating. special guests later this hour. it's a mental list. i spoke with him a few minutes ago. he tells me he's going to do a trick on this program lives that will shock and amaze. 9:45. he's prepared.

the tax reform -- stop it. liz: is he going to disappear? train to what was that? given the script again. tax reform push underway, but not everybody's thrilled with the republicans plan. i'm going to post the same old question. is that something better than nothing? more "varney" after this.

stuart: look at buffalo wild wings go. because the private equity firm has made a deal to buy them out, they will pay more than $2 billion. the stock shortly before the super bowl up 27%. timely switch gears again. back to tax reform. i statement said that so many times that something is better than nothing, specifically the sun in. the broad outlines from the house and then it is better than

nothing. charlie kirk, young whippersnapper. that's what i say. what do you say? >> agrippa sentiment. this is hardly a good bill. this is an opportunity for generational change in tax code. massive tax cut to simplify the tax code watering it down. stuart: too late for that now. a big tax cuts for small business and make up for the middle income americans. i say that's good. >> i agree with that, but i also think we should be honest with ourselves and say this is not what we elected republicans for. >> if you do nothing. >> i agree. i hope it does pass, but we should demand more from our leaders that anonymous because we can get is a marginal production. >> we have to turn. tran do you say that something

is not better than nothing. >> a hard sell for republicans. the home at a skinning come and take individual seductions away to pay for corporate tax cuts. that the gamble. people say latest decade, our refund checks are going to get hit next year. the u.s. economy is built on spending only in those states. but when you look at the iris rankings for worth of refund checks are, they come out of those states. you will hit the state come in other words, lower spending, lower refund checks mean lower spending. you are gross, more spending. i understand the gamble. stuart: i take your point, but it's too late. you can't make that change last minute because if you say you can keep the state and local tax deduction, you don't have the vote. liz: final point. this is the straitjacket

provider they suddenly get religion about the debt when it comes to giving us back our money when they double the debt over the last 10 years and have a balanced budget? >> would you vote for this now? liz: i guess i would. it feels unfair. stuart: are you going to do another robotic air? keep the current system in place. liz: you hear my point. it comes to giving us back our money the tax code. stuart: more from charlie in a moment. george soros along with liberal millionaires and billionaires. don't cut our taxes. we want to pay more. go ahead, write a check. we are back.

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stuart: 69% of us would skip exchanging gifts that we can spend more time with family and friends. would you say? >> everyday is like christmas. amazon prime. i kind of agree. i would rather have experiences than just good to remember that more and i treasure them greatly. i think they will be returned to threat the minimalism.

>> i've got four kids and i remember the days he went down to victory in down to the tree and it was like a city. so many packages everywhere. there comes a point when you go it's too much. just a little crazy. you get carried away. liz: did you know there's a national great gifting day that happens right before the weekend before christmas. the most commonly rejected items are foul smelling perfumes and colonna popery ends do is pick a lily jar. stuart: how about the fruitcake. liz: it was made in 1750. stuart: we are going to get e-mails from the fruitcake manufacturer. stuart: more than 400 millionaires and billionaires including the ben & jerry's people enter sarah signed a letter, gone to congress to say we want to pay more in taxes.

your response. >> meanwhile every tax deduction they possibly can in their business and personal foundation. mr. soros, my question is why did you transfer $15 billion to your private foundation? why not to the irs? stuart: why invest in governments across the country? >> the biggest hypocrites in the world. no one stopping them from writing a bigger check to the irs. they are saying what someone else to pay for the social change we want to see in the world. >> they've established a big chunk of money. that is not tax. they want the income earners to pay more. stuart: they never have an answer for that. eric schomburg doesn't answer economy of the wealthy millionaires don't have an answer for that. >> just write a check for crying out loud. stuart: we were sitting on the

break, or ever 60 minutes 20 years ago found these taxpayers who voluntarily wrote an extra check for the irs because they wanted to help the country. there is so unusual. 60 minutes did a piece on it. y does not apply today? trained train for the remarkably arrogant. stuart: you're all right, sir. thank you very much. look at this. down on the opening bell about 70 points. this is because the tax deal in the senate, not exactly stalled, but some worry. >> a big difference which speaks to a lot more barriers. early on in the process. >> i was going to be a sharp nine points and the nasdaq on the downside. the opening bell on wall street

a couple minutes time. stay there, please.

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stuart: the dow closed yesterday

at 23,439. it will open on the downside this morning. look at what is called the futures market, get an indication of how we're going to be in 15 seconds time, looking for a drop of 1775 points. we believe the tax cut problems are stalling the market albeit a very high level. 930 up and running and yes we are going to open lower. read on the left-hand side of your screen doesn't have any after couple. down 73 now have a 74 down a 31% on the dow jones average. the s&p open this morning down about a quarter percentage point. a little less of a downside move in the dow and the nasdaq down again about a third of 1%. dow at a quarter%. look at general electric. yesterday the worst day in more than eight years. look at them now coming down 25 cents. the $18 range as of now.

7 million shares trading. higher profit and sales at home depot. hurricane harvey and irma boosted demand not helping the stock at $163 a share down 1%. weak holiday forecast from sporting goods down 6%. look at the future not so great. -- the no fixed world markets

take a hit in dubai. on top of the tax problem. stuart: pretty much a stalled stock market. that's where we are right now. john flannery doesn't stand around thinking about the stock price that is not obligated by the stop price. scott shelley d., ge down $18 a share today. the turnaround plan fell short. the sweeping reform ge needs. would you buy a ge had $18.76 a

share. >> i still do like it right now because there's too much out there that we still don't know about. they are showing investors a lot more yesterday. initially when we got the dividend and stock had rallied. it went nowhere because he didn't think he said enough. traders love trends. the trend still doesn't look too good to me so i'll not get in front of every now. you said you were going to nibble at it at 1861. and i agree with scott, the biggest problem we have the in e peak, at the financials at the

bottom. a lot to prove. i am disappointed they didn't say more buddies going to unfold it. if you had told his plan and the plan works. >> they are not slating the stock. if you bought it at 1860, you bought it and it goes to 20. $1.40 in profit which trying to do the math is 8%. are you going to tell me it will never again go to $20 a share? transfer it can match up against united technologies and honeywell. it lost $150 billion since 2006 cut in half. stuart: before we go further yot

month because of the tax cut which is promised for small businesses. i don't think this is a big hole with teens. huge positive. >> keep in mind the small business is the lifeblood of the economy ravaged by taxes, by obamacare cut off from getting many types of credit. though grasp at straws and be optimistic about anything. what a think about what this story is that the government does not come through at these tax-cut, the biggest casualty will be small businesses. they need them more than anybody and if they don't get them, there is a lot of collateral damage. stuart: we stabilize at the loss of 50 and 60 points tuesday morning. take a look at financials talks. a bipartisan senate deal which k rules.

you think that was a plus for financials. the big tanks on your screen now mostly lower. chet or regional banks, the principal sufferers of dodd-frank. if you remove what they are doing, some of them will go up. huge gains more up than down against the regionals. the flow wildlands, private equity firm wanted to buy them out, what does the stock, 25%. who saw that one coming? higher profit for disappointing sales at advance auto parts. if you make more money, even if sales are down, the market likes it. 17% now. flat sales at tjx, marshall's, home goods down 4%. this is a bad sign? trend for women and men love t.j. maxx. designer goods really the stocke

record territory yesterday. raising prices online product. if you buy online the price will be higher than if you went into this door. an attempt to go into the store. it's backed up. would you agree that wal-mart is leading the charge to combat amazon amongst all the other retailers? >> the real gem is the fact that amazon is giving the big one right now but we have to find out who number two and number three are because that's where the opportunity is. it is not just going to be amazon. number two and number three and sometimes and when you look for better deals.

manipulative. they could've done it. they have a shipping component and they could've competed with them. a bad move for them. train to more retail. ebay beginning monday will max prices on some black friday deals from other retailers. it looks like amazon again stocks barely budging. they are getting ahead by amazon. >> ebay just doesn't want to lose more client. they are not going to gain customers from apple. they just don't want to lose. stuart: tesla, not to cover thar

racist behavior. what you have on this? ashley: and african-american employee says supervisors according to him regulated the and word. he was fired for not having a positive attitude -- he wants to represent more than 100 african workers who undergo this type of racist harassment. no comment from tesla. this isn't the first to. they are trying to unionize for 10,000 employees. i don't know whether this is part of and netflix in

hbo has. if they'd stick with themes, they are kicking with just a pretty good shot at being the next "lord of the rings." tragedy "game of thrones." stuart: before we leave, everyone, and scott shellady, where are you? >> it's kind of like where's

carolina. >> right where you belong in the united dates of america. a loss of 50 points. stuart: signature cord cutters. streaming service for free. there is a catch and we'll explain it. next come and be prepared be amazed. a mentalist on the show. he is going to read my mind. this guy is a sensation i promise. i promise you will be amazed. back in a second. ♪ what's already within me.

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stuart: we are 13 points. amazon reportedly amazon is reportedly working on a free version of its prime video, but with ads. tommy all about it, nicole. >> it is always a little catch and that is exactly right. all of these companies are battling and trying to get your viewership and big picture here you can see the stock is slightly lower. this is a free video service. it will have ads, but this gives the opportunity to advertisers to be able to show their commercials. you know they are going to netflix. and free options. don't pay $99. and that will include audience information, ad revenue.

how about more surveys. you just have to watch the mats. stuart: if i must, i must. thanks, completely different. our next guest if fox news channel. i was astonished by what he did. he is known as a master mentalist and his name is lou austin shone. >> good morning. stuart: i saw you in the greenberg earlier asked greenberg earlier asking for a two digit number. i told you what it was. you had a piece of paper that said the right number. that was pretty good. i want you to shock and amaze me and our audience now. >> you all look very skeptical. a mentalist is someone who unlike in michigan i don't use any trickery. let's do this. we're on a business channel. close your eyes. i think everyone has a number. stuart, just a quick question. did you tell anyone any information?

stuart: zero. can you just taught me the first digit of your secret pin stuart: seven. what is the second one? stuart: one. >> i'm not going to expose your pin code. >> you are going my pin code ends with one. ashley: that is right. i want to ask you if this is the next number. is there any possible way i could know this? stuart: it is a trick of some sort. >> i think this is your pin code number. stuart: yes it is. i'm not going to expose it. stuart: you give me that right now. >> take this and hide it. do anything you want with it.

i'll do something crazy with you because you are skeptical. when you are young, dog, cat or something, tell me what kind. the transfer then? liz: 15. >> look at me. it's not an american name. transfer correct. >> i'm just going to go with you. >> to once in your pin code. i'm going to expose him. stuart: no, don't do that. >> can you tell me your pin code? ashley: dataset. >> i'm going for the cat. it's difficult. i have a show in town hall, which is going to be for audience participation. did you ever tell me anything? you swear? age 15, you're a dog, that's interesting, it is prudent.

>> i wrote it down. he has to set the commercial break. stuart: you did skeptical. stuart: i'm thinking of a two digit number right now. take this. choose any number. cover it quickly. i've got it. i'm not sure. you will go with four. it is for her. liz: i don't get it. stuart: one is the show? >> january 13th. a town hall here in manhattan. transfer can you guess if we are going to make money in the market? >> what i tell you if the will go up or down. stuart: go.

>> at it on the table. choose a number. he is very skeptical. do due november? stuart: i most certainly do. >> you are going to go with two. people. >> lots of fun and jokes and mind reading. >> are you a little bit less skeptical? stuart: there is a trick somewhere. nobody reads minds. >> town hall 13th. you have to know the number. stuart: it is in my head. after foreign to come you'll probably go with ray. stuart: yes, i am. >> he's very predictable. now that i know is pin code. stuart: that was really cool.

stuart: january 13, new york city. >> thank you so much. transfer amazing, wow. >> i'm from tel aviv. i have a visa. it's very events. stuart: you'll make a fortune with bad acts. stuart: i'm thinking of a number. >> i cannot say more information. stuart: you make more than 10 million bucks a year. >> i tell you i would have to kill you. stuart: we have runaway overtime. it was worth it. stuart: lior. it was a pleasure. check the dow. i'm thinking of a number. it is down 67 points.

it is on the screen up there. market watchers keith phipps told us that the plague outbreak in madagascar will be of lax one event that will shatter markets. doc seagull disagrees. you this. models during the season of audi sales event.

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stuart: nearly half of all adult americans now have high blood pressure. that is because there are new guidelines on what is high blood pressure. mark siegel, the doctor is here. currently, you have high blood

pressure, 130 over 80. is that correct? >> that the new number. stuart: the old numbers 140 over 90. stuart: half the adult population is high blood pressure? >> normally i don't like guidelines but i'll tell you i like this. is the silent killer, high blood pressure. heart disease, stroke, for such a sedentary society, too many people overweight, too many people have high blood pressure don't know it. this alerts physicians to save their patients, and get out there, walk, exercise, change her diet. it gives us advance notice that we may need to treat you. we spent $46 billion in this country treating high blood pressure with medications come interventions. a one-out double probably. stuart: this is an invitation to buy the diuretics, beta blockers and other anti-blood pressure. >> i don't want to overturn it.

because it's a silent killer it's a very good idea. stuart: has got to bring the cipro fast. keith smith said yesterday the plague outbreak could rattle the markets. you disagree. tell me why. >> i don't like all this fear mongering. words like mutation. the idea that it's going to spread to europe. all of this is fear mongering. the society of madagascar doesn't have health conditions that we need that we have been industrialized society. so that is why it printed in madagascar and why 165 people have died already. it's a turbo thing starting to peter out already i'm never going to have a foothold in places like europe or here. we've seen a lot of markets rattled with things like ebola, 9/11, previous disasters. stuart: to mark siegel. >> a scary term. stuart: the patriotic millionaires, group of rich guys who want to pay higher taxes.

a clip of one of their people on the show or the caption read pitcher arctic millionaire destroys fox host. that is me, by the way. i am responding to that after this. . . . .

stuart: remember the patriotic millionaire who appeared on this program, eric schoenberg? set wealthy guy who thinks taxes should be raised on high income earners. he wants the 1% to pay more. after his appearance here, his people posted this, eric had destroyed me. bernie sanders picked up on it and my destruction went viral, 13 million views. please note, if i thought i had been destroyed, i would be distraught. now this morning, we find that george soros and hundreds of other millionaires have written to congress demanding a tax hike. why would they do that? because they say they don't need the money and the idea that tax

cuts produce growth is, they say, a gimmick. i want to destroy that argument right from the get-go, shall we? from the day that reagan cuts took effects in the early '80s, to the day he left office in the late '80s, the average growth rate for our economy was 4.8%. now that is growth. also, if you don't need the money, then voluntarily give it to the treasury. there is no law that says you can't do that. and by the way, these people are trying to bamboozle you. they are wealthy but their wealth isn't going to be taxed. we don't tax wealth in america. we tax income. it is your income, they want, not their wealth. one last point. those liberals who are part of the top 1% of income earners are going to get what they have been asking for. if they live in high-taxed states, they will pay more. be careful, you're going to get what you wish for. the second hour of

"varney & company" is about to begin. ♪ breaking now, starting on capitol hill attorney general jeff sessions testifying before the house judiciary committee. he will likely face questions regarding russia, russia. he will be answering questions whether he will appoint a special counsel to investigate the clinton scandals. we're going to listen in and bring you headlines as they occur. now look at this, we're down over 100 points on the dow industrials, down 1 15 to be precise. there is concern that we can't get the tax package done this year. the roy moore situation is also roiling the tax cut debate in the senate. look at the big tech names, please. i'm pretty sure they're all down by now. yes, they are. stocks are down all across the

board. big technology companies included, facebook, amazon, microsoft, alphabet, apple, are down. ge, worst day in three years yesterday. they're down another 18%. home depot, benefited from hurricanes harvey and irma. that is not helping the stock very much. that it is down 45 cents. this is another retailer reporting here. tjx, the parent of tj maxx, home goods et cetera, et cetera. same-store sales, not good. let's get back to my editorial right at top of the show, lefty millionaires and billionaires, george soros, for example, the ben and jerry people, they say don't cut our taxes. raise them please. steve cortes is with us, fox news contributor and wall street insider. steve, you may have realized i'm

a little hot under the collar about this. one of them says he destroyed me on this program. >> right. stuart: you're input, please? >> we don't need lectures from limousine liberals. that is what the group is. one the signers of this declaration steven rockefeller. it is pretty easy, not born with just a silver spoon but a silver shovel saying everybody else should give moore to the government. he is free, by the way, as any american to give more than they owe in taxes to the united states treasury. put your money where your mouth is. please do. americans who are striving to make. we don't resent the rich. we want to be rich. those striving businesses buildings careers and don't have generational rockefeller wealth, the tax code is stifling to our success and needs to be simplified and reduced. stuart: i got to say it again. we don't tax wealth. if you built it up, you sit on it, you don't get taxed on it. they want to tax people like us,

strivers, income earners, that is who they want to tax. lizzie? liz: eric schoenberg advocated 100% income tax rate, federal government take all of the money of upper brackets. 100%. said it on the show four years ago. stuart: really. that is confiscation unconstitutional. >> he should take a trip to venezuela see where socialism leads. that is not funny. people are literally hungry in venezuela. the human suffering. where that mentality, confiscation of private wealth, eventually leads to abs privation an tyranny in venezuela. america can't remotely go down that road, steve, well-said. look at big board. we're down 150 points. got to bring that to your attention. 23,200. where we are now. chorus of gop senators, taken

their support away, if they ever gave it, taking it away from roy moore. roll tape. >> i think he should step aside. >> i don't think he can win a race. i hope we can get another republican on the ballot. if we can't, then, there is no way that somebody ought to support this republican. >> if that is true, i don't believe there would be any place for him in the u.s. senate. >> for the good of yourself, your family, your state, step aside. >> if the allegations are true, then judge moore needs to step aside. stuart: joining us now, rachel campos duffy, fox news contributor. rachel, we have the stock market way, way down. i think it has something to do with roy moore, because this is a real mess for the republican party in the senate, and a real mess for the tax deal. i don't know what you can do about this? >> i don't either. it is a mess. and i think it goes back a bit

to steve bannon, his idea that anybody who opposes the litmus test for republican candidates, anybody who opposes mitch mcconnell, i don't think that is a sufficient enough test for that. look, i'm frustrated by this. i have a 14-year-old daughter. if these allegations are true i think the senators are right, there is no place for him in the senate. what also frustrates me is the selective outrage. right now senator bob menendez, on trial, right now for corruption, remember a lot of this circled around these trips he was making to the dominican republic where he was supposedly, alleged to have engaged in relations with underage prostitutes in the dominican republic. where are all the investigative reporters in the dominican republic in poor third world country investigating that? i think what is frustrating for republicans is not that we want to defend roy moore, if he is guilty of this, i'm disgusted by that. if he signed a yearbook at age of 32, that is creepy.

but at the same time, it soames to me that if your politics are right, i.e., aligned with the left, you get a pass. so i would like to see some equal justice on this in terms of what is suitable and who is suitable to be a u.s. senator. stuart: rachel, hold on a second. i will go back to steve cortes because you're a market watcher, you're a financial guy. we got the dow down 150 points, and i think it has something to do with the mess in the senate with roy moore. what do you say? >> i'm not sure it's a roy moore issue. hopefully they vote very soon. luther strange is sill? the senate and we expect will vote in favor of the tax cuts. even if roy moore were to lose, we hope the senate vote takes place well before a democrat potentially would take office. i'm not excusing the senate. i think market, certainly when i talk to my colleagues on wall street, to investors, people are very mad about the fact that the tax cut, the senate wants to delay the corporate tax cut by a year.

that is asinine. it is punting the ball, rather than taking the ball and scoring. that is not what we were elected to do, we republicans, given by voters both houses of congress and white house. that is disappointing to financial markets. if that stays in the final bill, that will be a problem for stocks. stuart: go back to rachel for a second, the politics of this. rachel looks to me like roy moore will not withdraw. i don't think he will listen to any senior political people in the republican party who would advise him to withdraw. he will take the election. i think he may well win that election. and i think it is a mess and a half. what will we do here? what is the republican party going to do? >> interestingly shannon breen last night had secretary of state of alabama on her show, he said even if roy moore wins, if the republican party does some sort of action that disqualifies him, then, by him winning, he

would still not be able to take the seat and then there would be a new election called. that is the first time i heard about that was last night on fox news. if that is the case, that could be a very interesting out, a very lucky out for the republicans because, they have got a real problem on their hands. i again think it comes back to a lot of infighting. luther strange was a perfectly good republican. he had voted conservative in every way, shape and form. the only thing was, he did not promise steve bannon and those supporters that he would disavow himself from mitch mcconnell as the leader. that is not a good enough reason. stuart: i will leave this for now. i want to leave it with this. only way out of this problem for senate to pass a tax reform bill before roy moore takes his seat in the united states senate. that is only way around it i can see. >> great point. stuart: hold on everybody, steve and rachel hold on. check this out. cleveland cavaliers bass pet

ball team, they put that in the script, riding subway. caused some commotion. as we told you before on this program, lebron james, known for being a bit thrifty, takes subway. >> liz: that is funny. stuart: one author of the bill a democrat, changing the rules for banks, joins us later this hour. attorney general jeff sessions testifying in front of the house judiciary committee. we'll bring you any headlines. you're watching the second hour of "varney & company." ♪ it's great to finally meet you. your parents have been talking about you for years. they're all about me saving for a house, or starting a college fund for my son.

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stuart: it is a modest selloff. it cocured in the last half hour. we're down 128. we were down 150. there is bipartisan senate deal that could curb some dodd-frank rules. the big banks, jpmorgans, goldmans, of this world, all are down because they're not affected by the rule change. the regional banks are affected. look at them, they are mostly higher because they will get the benefit from this rule change. there is a private equity firm. it made an offer to buy out buffalo wild wings. they will pay more than $2 billion. the stock has gone straight up 24% higher. going the other way, blue apron, that is another all-time low. i don't know whether 3.03 is the all-time low. 3.02 was the all-time low which they hit minutes ago. now this. the department of justice may appoint a special counsel to investigate hillary clinton and the uranium deal. larry elder, salem radio

nationally syndicated talk show host. i can hear it from you already, finally. that is your first word, isn't it? >> what took so long? you're absolutely right. what took so long. during the campaign candidate trump said if effected he would appoint to special counsel look into her situation, close quote. after he got he got elected and very conciliatory, seemed to back away from it. i don't know what took so long but it is about time. stuart: do you think finally we will get to the bottom of this? what intrigues me is why the clintons established, what is a slush fund with more than $2 billion in it, before she became secretary of state, and before she became a presidential candidate. why would she -- $2 billion in that situation with, a lot of the money raised from foreign governments? i don't get that. >> apparently people thought she would be in a position of power

and influence and maybe do some of their bidding. why is it that bill clinton got something like half a million dollars to give a speech before russian interests while they were considering this uranium one deal? what about all the contributions made to the clinton foundation connected to russian interests? all this stinks to high heaven. why so long to have a special inquiry into all of this is beyond me. stuart: you heard my editorial at top. hour. a group of billionaires and millionaires led by george soros and ben & jerry's people. they want their taxes raised. i think that is ridiculous, what say you? >> of course it is outrageous. as you pointed out any one of these guilty rich people they can write the treasury a big check, they can do so. nobody is stopping them. jack kennedy lowered taxes for everybody. ronald reagan lowered taxes for everybody. you saw gigantic booms in the '60s because of that. gigantic peoples in the0's

because of that. ronald reagan raised revenue to the treasury, cutting marginal rate down to 28%. nobody should be paying more taxes. everybody should pay fewer taxes. why it is republicans don't learn message of jfk and ronald reagan, i don't understand. stuart: would you vote for whatever bill emerges, whatever emerges from the house and senate, i say vote for it because something is better than nothing. no, you're not sure about that? you're not with me. >> i don't think that the top people who already, the top 1% as you well know already pay 40% of all the federal income taxes while getting 20% of the income. the top people are already burdened. they create a great deal of jobs. why should they pay more just because republicans can't deal with democrats who always make the argument that tax cuts go to the rich. of course a dispros portionate tax cuts go to the rich because the rich pay a disproportionate amount of tax, for crying out loud. they always make the argument.

instead of looking democrats in the face they run to the hills. one of my favorite quotes of republican party, tom sole. republican's favorite exercise is running for the hills. this time they are running for the hills on this issue. stuart: you have done the math. you're a resident of california. >> yes. stuart: i figure you're a fairly high income guy, you pay a lot of tax already, you will pay more if the state and local tax deduction goes away, it will go away at least to some degree, you, larry elder, will pay more. >> i sure will. i don't mind the state and local taxes going away with the top marginal rate lowered enough to offset amount of money i will pay more for the loss of that deduction. overall nobody should be paying more in taxes. i thought that is what donald trump ran on. we'll have a massive, massive tax cut. not a massive tax cut just for the middle class, but a massive tax cut for everybody, including rich people who pay a disproportionate percentage of

taxes and create a disproportionate percentage of the jobs. stuart: you, larry elder, you say this something is not better than fog? it is not? >> well i didn't say that. i am unhappy about it. if i were in the senate, if i only had that option i probably would vote for it. stuart: there you go. >> but this is not what donald trump promised, it is not what he ran on. so i would be very, very disappointed. stuart: larry, always a pleasure. >> my pleasure. stuart: do the math on your taxes. you won't like it. >> no. stuart: update on three ucla basketball players detained in china. they were accused of shoplifting. now what? ashley: they are on their way home. stuart: good. ashley: three freshman on ucla basketball team were under detention. they were accused of stealing sunglasses from a louis vuitton store. you could call this a victory for donald trump. he had spoken directly to

president xi during his trip to asia about this particular case. he have had said at the time, on air force one, i had a great conversation. president xi he said has been terrific on this subject. so the result of that, it appears, we have the three players now flying home from china as we speak. stuart: good. got it. the state department admitting that they have issued thousands, plural, thousands of diversity visas, from people from terror-sponsoring nations. it's a big number. we have it for you next. ♪ is this a phone?

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off their session lows, but we've still got a triple digit drop. for benefit of our radio listeners, we're down 133 points, right at 23,300. politics. the state department admits, they have issued, here is the number, 30,000 visas to people who came here from terror-sponsoring countries over the last 10 years. rachel campos duffy still with us. 20,000 of them came from iran, a terror-sponsoring state. now your husband is in congress. can you get him to exercise a little clout, make sure this diversity visa nonsense is ended? >> listen, i think americans are on board with this and a lot of republicans calling for end to the program even before the terrorist attack in new york city. look, this is a, as the president called, a chuck schumer beauty. this is chuck schumer and the left and they are worshiping at the alter of diversity and multiculturalism. not having a appreciation for what really makes a great

american immigrant and what does, is one, do we know who you are? are you a security risk because you don't even have an embassy in the country? or that the country of origin is a terror-sponsoring country. we have to know who you are. two, do you love our country? , three, it's a bad word, can you a simulate. can you a simulate into this country. i am daughter of an immigrant, stuart. those are important things, a simulation, especially. we need to go back to the idea of the notion when we're figuring out who to let into our country. rolling the dice is dumb. stuart: i always thought america was very diverse place right from from the get-go. rachel campos duffy, thanks for joining us. i have to move on real fast. i'm talking soccer. wouldn't take long. heart-break loss for italy. first time in 60 years they have not made it to the world cup. they're out! along with netherlands and

couple others. kilmeade next.

♪ stuart: the beatles. they're trying to put me in a good mood. ashley: working? stuart: destroyed bit patriotic millionaires. liz: no, you weren't. stuart: thank you. selloff started about a half hour ago. it is still with us. down triple digits. for those listening on the radio, we're down 12points, barely above 23,300. the big tech names which have led this market for such a long time, all of them down except amazon. we're just powers ahead. look at that price! $1131 per share for amazon. up another two bucks. everything else, big tex, down. ebay, beginning monday, they match prices on some black

friday deals from other major retailers. not much of an impact on the stock. it is down 1%. roku, what will stop this thing? keeps on going up. a week ago in the 30s. now it is $45 a share. today up nearly 6%. the department of justice is considering a special counsel to investigate hillary clinton and the uranium one deal. joining us now, iowa congressman ron blum. he is on the house oversight committee which is already investigating this deal. why is it taking so long for the justice department to get around to thinking about going after hillary clinton? >> good morning, stuart. or should i call you the right honourable mr. varney as karl rove admonished yesterday? stuart: no, stuart will do just fine. >> overall, stuart, one of my biggest concerns, i've been here three years now, i have seen, and witnessed first-hand, the politicization of our justice department, and i grew up in an

america, i'm 62 years old, that always felt, always thought, that our justice department was above politics and i am really concerned about that. now when i talk to the voters in my district in eastern iowa, stuart, they feel like there is two justice systems in anymore. one for average common people like us and one for the powerful and politically-connected and the reason they feel that way because i think there is actually two justice systems. stuart: what will we do here? if there is a special counsel appointed by the justice department, doesn't that spin things out forever and ever, doesn't it? >> that is a great question and i literally said that 15 minutes ago. are we getting to the point where we have a special counsel investigating the special counsels? stuart: yeah. >> here are the problems with special counsels, they're appointed in very narrow focus, for example, mueller investigating collusion between the trump campaign and russia.

what we find over time, just like the federal government their focus expands, widens, pretty soon they're starting to subpoena people and arrest people for running traffic lights. stuart: i never understood why the clintons were allowed to establish a fund with over $2 billion in it before she became secretary of state, before she was a presidential candidate, and took in hundreds of millions of dollars from foreign governments before she became secretary of state. why was this not investigated at the time? why was this not a huge part of the last election or the last few years? why not? i don't get it, i really don't get it. >> neither do i, stuart. the only reason, only thing i come up with is she is member of the party in power. goes back to the politicization of our justice system. in iowa we have a saying looks like cow dung, smells like cow

dunk, it is probably cow dung, stuart when you receive contributions from russia to your clinton library, you can't tell me that is not a quid pro quo. and we give up 20% of our uranium supply to russia. i am not a lawyer. you don't have to be a lawyer. stuart: i know iowa quite well. they don't call it dung. this is a family show. >> the burning question, stuart, do you have a john deere tractor? stuart: i do. >> that is made in my district. stuart: a fine tractor. i have a couple gators, four wheel machine go up in the rough country, from john deere. >> we passed a tax reform thursday. maybe you can purchase another john deere tractor. stuart: that is what i want to if get to. house majority leader, kevin

mccarthy, just said the tax bill will move to the floor of the house on thursday. you will confirm that for us, right? >> absolutely, yes. it will be voted on thursday and it will pass on thursday in the house. stuart: yeah. because you don't move something to the floor of the house unless you know you have got the votes to pass it. so that is a vote of confidence, yes, it is going to pass, right? >> you are starting to sound like the speaker of the house, stuart. that is correct. why i called you right honourable. stuart: i like this. we might keep the interview going for a few minutes. congressman ron blum from iowa. thanks so much for joining us. we really appreciate it. >> thank you, stuart. stuart: now we have got a group of people, led by rich liberals, george soros, for example, they have sent a letter to congress demanding, asking, i guess, that their taxes are raised. in a moment i will bring in brian kilmeade but i want to get your opinion, liz. are you with me on this? if you're rich, and you want to pay more taxes go ahead right

the check. liz: this eric schoenberg who claims he destroyed you, came on the show, didn't have the facts on debt, what he suggests 100% income tax on upper brackets. wow. that would devastate small businesses and economic growth. stuart: that is true. he did say that. brian kilmeade ready. the host of the "brian kilmeade show" joining us on the radio. brian, what is your reaction to the george soross of this world, ben & jerry's, tax me, tax me i want to pay more? >> how much more? the government is taking roughly 40, 50%. you have the experts there. 40% nationally, federally, then you have other taxes. stuart: yep. >> so we should take half your income or 2/3 of youring this? how much are you making comfortable taking 2/3 of your income and throwing it back? all those people, george soross, ben & jerry's no last names, write a check.

if they feel badly about the debt. no one stopping them. i find myself with way too many singles. stuart: brian, they're bamboozling you. in america, we don't tax wealth, these are wealthy people saying tax me more. we don't tax well. we tax people like you, i and people around this table, we tax income in the united states. these people are not going to pay more income tax, because their wealth does not come from income. it is sitting there. >> good point. stuart: they're bamboozling us here. >> that is a great point, they don't punch a clock. they're not making $150 a week or 150,000 a week from earned income this is investment income. we find a way to hide it. if you put their taxes online, we see all the ways which they're hiding their different points of wealth through some type of a tax shelter. at same time, coming off as magnanimous, whatever you do, president trump, don't pass tax cuts because it might help you

get another four years in office. that is my feeling. stuart: you're well-said. now if i said one word to you, and the word is, i want your reaction to this one word, italy, go. >> soccer? stuart: yeah. >> elimination. stuart: terrible. >> thank you, sweden. good-bye. i feel bad too. by the way anytime people say well-said, as your panel knows, liz, you can back me up on this, anytime stuart says well-said because i agree with him. not that i'm eloquent. make a good point. i agree with him. liz: right. stuart: look at this, italy, not going to be in the world cup. netherlands not a soccer country in the world cup. united states not in the world cup. how about that? >> how about that fox sports paid a lot of money for domestic rights for the world cup. my goodness, italy, i feel better as an american not making world cup, because that makes more sense than the netherland and their dutch system of soccer which wowed the world eight

years ago. now they can't get out of the box this time. makes me feel a couple things. qualifying is way too long and way too complicated. you pull in the players out of their teams. a lot of them don't want to give up teams, make a lot of money, go to the national team. there is no cohesiveness. therefore it's a long process of division after division, game after game, it is pretty much an endurance contest, not necessarily best team. if you're going to moskow, that is a tough sell. now going without the united states, that is a tough sell. going out with a% of the country is italian, my unofficial survey, between americans and italians nobody we can relate to playing in the world cup. liz: well-said. stuart: i have good news. three ucla basketball players detained in china accused of shoplifting, they're on their way home, brian. i call that good news, period. >> it is. president extent in. didn't want a pat on the back. brought it up to president xi,

do me a favor, be easy on these guys, they're college kids. china wants to have college players over here. you never get duke or ucla back again. there is something at stake. the president with all the things on his plate, take this california school, i'm worried about the three players, these three college students, give them a break, they get back home. my goodness, what a disaster for america. how embarrassing, how embarrassing. stuart: you surprised us when you used the word words, johan. ashley and i know soccer. i surprised you know anything about him. >> he used to be one of the finest midfielders in the world. he has the cruf mid filedders. [buzzer] [laughter]. >> there is diplomat shirt, when he was on the washington diplomats. in a frame in my office. my big regret he never signed it. stuart: wow, you know something

about what you're talking about. that is revelation, kilmeade. well-done, young man. >> finally. stuart: i think our time is up. you missed the buzzer by the way. >> i apologize. stuart: you're all right. come back to you. >> now back to you. stuart: back to me. classic response. what do you know about this, ashley? nothing, back to you, stu. liz: more after the break. stuart: president trump teasing a big announcement when he returns from the asia trip. we'll be on that one. there is the tweet. big announcement coming. don't know when. don't know what it is about. first the house and senate hammering out details on the tax plan. democrats say it is a tax cut for the rich. democrat senator jon tester is next. ♪ think your large cap equity fund

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♪ ashley: congressman jim jordan and mack gates calling for a special counsel to investigate hillary clinton. last hour we spoke with congressman gaetz. >> we can not live in a world, stuart, just because hillary clinton lost an election she gets defacto immunity deal. we got exciting news last night the attorney general is open to appointing a special counsel to investigate hillary clinton, the clinton foundation, uranium one

deal, fusion gps. this bizarre circumstance where loretta lynch was directing james comey to call the investigation an matter, not an investigation. in less than an hour we'll have jeff sessions for first time before the house judiciary committee and we expect to get answers on the timing of the appointment of another special counsel to look at these very, very serious crimes by the real criminals. of growth opportunities. with a level of protection in down markets. so you can head into retirement with confidence. brighthouse financial established by metlife. hi, i'm the internet! you knoarmless bowling.lt? ahhhhhhhh! you know what's easy? building your website with godaddy. get your domain today and get a free trial of gocentral. build a better website in under an hour.

stuart: jeff sessions, attorney general, he is before the house judiciary committee. he just said he has got no recollection of the march 2016 trump campaign meeting with george papadopoulos before he saw media reports about it. they're dealing dealing with mie shush that and what they talked about. no real progress. we'll give you details as they occur. look at this. we were down 154, but now we're down 84. what happened? house majority leader kevin mccarthy said the house tax bill will be presented thursday. voted on thursday. that means you don't schedule a vote unless you're pretty sure it will pass. that brought market back from down 150 to down 80. there is something of a win for republicans. after lots and lots of dealings, the senate banking committee, they passed, changed some onerous details of the

dodd-frank rules, the financial reform. senator jon tester, democrat is joining us now. mr. senator, i don't think, that elizabeth warren will be much in favor of this loosening of reins on regional banks. you're a democrat too. what do you say? >> we put the proposal out yesterday. the language will be out tomorrow. but look, there will be folks that say we went too far. therethere will be folks that se didn't go far enough. this is negotiated agreement. i think it's a good agreement for community banks and regional banks. stuart: my personal experience the regional banks and community banks are cheering you on loudly because they bore the brunt of dodd-frank. they are the ones who could not afford the gigantic oversight apparatus imposed on anybody and shouldn't have been imposed on them. so we have got the change coming, right? >> i hope so. the key will be, we've got,

nine, eight democrats and independents signed on cosponsorship. so it is filibuster-proof. now the time is to get it out of committee. get it to the floor. hopefully vote on it. stuart: sure. >> but the bottom line is this, this is really true, community banks have been under a lot of pressures. so is the regional banks. i think this is going to add common sense regulations so they help build the economy. you know, allow people to have money available to buy homes and allow entrepreneurs to start businesses, existing businesses expand. i think it is good for the economy, it is good for jobs. >> i want to ask but the tax cuts or tax packaging coming out of senate, when it comes out of the senate, i'm sure you know the broad outlines. tax cut for middle class, tax cut for business. 1% will actually pay more in taxes. you're a democrat, i figure you a pretty much a centrist democrat. could you vote for this?

>> we'll see what the final product is. as you know, stuart, it is marked in the finance committee. stuart: you know the rough outlines. i'm sorry to interrupt the outlines. you could be the 51st vote yes, couldn't you? if the republicans 50 votes you know you're safe. you as a democrat can vote for it. you could be vote number 51, will you be? >> i could be. i will tell you there are things that concern me about it. adding trillion 1/2 to the debt. making sure it really does help build the middle class. i think it is really, really important moving forward. i want to research judgment until we see the final product when it comes out. stuart: don't you believe in dynamic scoring? you say it will add a trillion 1/2 to the debt. that ignores the idea that tax cuts create growth which creates more revenue to the central government. >> well, let me give you, let me give you my perspective. it could increase, increase the

economy to pay for itself. we'll do research to find out where it is on that. i do not believe in dynamic scoring. it is smoke and mirrors. that aside, let me say this, stuart. number one, you need more than one democrat to have a bipartisan bill that puts tax policy up for the folks. it should be a true bipartisan bill. one democrat does not make it a bipartisan bill. stuart: joe manchin would join you, claire mccaskill, heidi heitkamp? >> i don't know who will be on the bill in the end. i may be on the bill in the end. have to see what it does. we haven't done tax reform in three decades. we didn't get public input on this process. we haven't had normal hearing process. when max baucus tried to do tax reform, he got public input for a year before camp and he came up with proposal. the process is somewhat flawed from the beginning. we'll put that aside. stuart: okay. >> in the end we have to see what it does for taxpayers. we have to make sure it is equitable. we have to make sure it grows

the middle class. we have to make sure we don't saddle our kids with whole bunch of debt. >> when the debt comes, i'm sorry the vote comes, we'll cover it. we're looking for vote number 51 in favor from democrat jon tester. we firmly expect i had to be there. >> good to visit with you, stuart. stuart: thanks for being with us, sir, seriously. >> bye-bye. stuart: john o'hurley, well-known for his role on "seinfeld," he was jay peter man, remember? he does a lot of things. he is a dog show host on thanksgiving stay. he will be with us in our next hour. ♪ ♪ dad: we walk inside... and it's raining... our home was ruined... we couldn't live there. mom: our first concern was the kids. this was going to be hard on them. chubb got us a place to stay in the same school district.

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say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ >> ge hit as six-year low. the stock down another 5% today. deirdre bolton all over the story for us. what is behind today's slide, deirdre? >> ashley. a lack of confidence in the future. we cover investor meeting yesterday with fe. the ceo and cfo, really outlining these plans for a simpler ge. as the ceo john flannery said, complexity has hurt us. you mentioned the stock drop. it is just going down. day two. this backs up yesterday's selling which i want to add was

selling with conviction, ashley. more than 200 million shares traded. not only did ge selloff yesterday in large amounts, triple the amount that stock usually trades. you're looking at the chart as well for today which is even more selling. so the biggest loser on the dow for the day, the biggest loser on the dow for the year. the big questions around this company analyst have been posing, especially aggressive ones, can the company continue to exist in its current form or should it be broken up? investors voting with their feet yesterday and today. but the idea is to streamline the company in three main parts, power, aviation and health care. the clock is ticking whether or in the they can make this work. ashley, back to you. ashley: as that happens the stock goes down briefly, deirdre, thank you very much. we'll have more "varney" after this.

stuart: when you tax successful

people, they leave. threaten to tax them even more, and it becomes an exodus. yeah, the evidence is in. high-tax states have seen an astounding outflow of money, and that's according to the irs. and the way the tax package is shaping up, it's going to get a lot worse. start with this, just look at this. $8.5 billion worth of income left new jersey. $6.2 billion left connecticut. $13.6 billion left illinois. where did all that money go? look at this. in the same time frame, florida -- with no state income tax -- gained, took in $39.3 billion. now look, you can stamp your feet, you can shout and scream about how unfair it is and how the rich are avoiding paying their fair share, but the simple truth is this: tax 'em, and they will leave. and just wait. the new tax package is likely to end the deduction for local taxes.

that means high income earners in high-tax states face an even bigger tax bill. are they just going to sit around and shell out 50 or 60% of their income? no, they're not. they will not do that. there will be a new exodus. florida, texas, tennessee and others will win big, even more money will flow to them. maybe ending the state and local tax deduction will be the single most important and far-reaching tax change. think of it. the big money donors of new york and california giving millions to democrats or republicans, it failed to help 'em. same with big income people, whether they're republicans or democrats, it does not matter. they will pay more. two things are going to happen. number one, there will be a new flood of money and people leaving high-tax states and, number two, those states will be seriously squeezed because the rich will leave. as democrat senator charles schumer says, the tax plan is a dagger aimed at the heart of new york.

the third hour of "varney & company" is about to begin. ♪ ♪ that speaks for itself, doesn't it? the song is take the money and run. i want to bring in the president of the heritage foundation. not to comment on the music, but i was talking about there. [laughter] you're a big fan of this tax plan. i know you're firmly behind it. but do you agree with me that it's going to set off an exodus from high-tax states going to low-tax states because of the tax plan? >> absolutely, stuart. the moving trucks from new york, connecticut, new jersey to florida are going to be one-way trucks. they're going to have a lot of people, a lot of stuff going down to florida, and they're going to be coming back empty. it's -- the market works and

what the politicians up north and northeast have got to learn is, hey, get your own government under control, control that level of spending so taxes can go down back home and so that we can keep people here with reasonable incentives to stay here. stuart: they're not going to do it though, are they? i can't see the mayor of new york, bill de blasio, hard left, i can't see the governor of new york, mr. cuomo, i can't see him lowering taxes. and in california can you see governor brown lowering taxes? it's not going to happen. so, therefore, the 1% who have the misfortune to live there, they're going to get taxed bigtime. >> they are being taxed bigtime, and i know people who, in fact, are in the process of moving from new york down to florida, and there are literally hundreds of paid employees by the state of new york who track people around down in florida to see how many days of the year they're spending in florida v.

us how many days back in new york so they can grab 'em for their share of the new york taxes. look, i grew up in illinois. i remember when illinois didn't have a state income tax. it wasn't that long ago. then a republican governor brought it in, and now here they are, they've got a republican governor, he can't do anything about the union pension problem, and so there we are. and illinois is now seeing the same kind of exodus. stuart: yep, it's gonna happen. one quick one for you. more than 400 millionaires and billionaires, they include george soros and ben and jerry's co-founders, they've signed this letter urging congress to raise their taxes. i want your reaction to that, please. >> i think it's one of the funniest things i've heard in a long time. why don't they just go to the irs' main web site where they can voluntarily put as much of their money as they want into reducing the public debt. these are the same people who benefitedded from tax breaks over the last 40 years. let them pay it back and pay it to reduce the public debt that they helped to increase.

stuart: yes, sir. oh, ed feulner, you're the apple of our eye. i just love this stuff. [laughter] you're a powerful guy too, that helps. ed feulner, everyone, heritage guy. thanks for joining us. >> thank you, stuart. stuart: we've come a long way back. we're down 67, it's still a loss, but off the low of the day. layfield is with us, as in john layfield, ceo of the layfield report. i say the markets are pretty much -- the rally, i should say, it's on pause at the moment waiting to see what kind of tax deal we get. do you agree with that. >> i do. i think since the november recess there's are been a dispropositioner name amount of -- disproportion may not amount of increase. and i think right now you're waiting to see if the republicans are actually going to do what they say they're going to do. remember, they promised july 4th, they promised august recess. they've delivered on nothing that they said they would this year. it looks like they're going to get it done, but the market's waiting and seeing.

stuart: we had this from mick mulvaney on the show yesterday, he's addressing the timeline. roll tape. >> actually, i think you're going to see the house bill pass this week, and the senate may actually have a chance to pass theirs before thanksgiving, if not immediately after. so the goal, obviously, is to get all of this wrapped up by christmas, and i still think not only are we on schedule there, we're slightly ahead of schedule because of the rapidity with which the house passed the senate budget about ten days ago. so things are actually slightly ahead of schedule as we stand here today. stuart: john, if we did get that speeded up faster schedule and everything gets done on time, would that give us another leg up for the market? >> i think it would. the market loves certainty. look, that sounds like what he said about july 4th and august recess as well. so he's just kind of repeating the same, moving the date constantly forward. yes, the market loves certainty. they don't like the uncertainty of repatriation of money and the corporate tax rate being cut. those two things -- forget the

personal income tax. that's not going to have that big of an effect on the market, but the corporate tax and repatriation will. stuart: we're following ge very carefully, down to the $17 level. it's down 6%. that's a huge drop in and of itself. do you think it's worth buying, dipping your toe in to buy ge at $17? >> i have bought around 17, i bought it yesterday at 18. so, yes, i obviously think it is. i think john flannery, the new ceo, did what he should have done. he out the dividend in half, is moving to simple metrics of pre-cash flow and adjusted earnings per share. he's able to sell some assets. a company as old as ge that a new ceo comes in, you get a rare chance for a reset button. i think he's lowered expectations, i think we're at or near a bottom. stuart: okay, so you bought at 18, and you're looking for it to go above 20 for a quick 10%, 15% gain. that's your story, john?

>> i may hold on to it longer. five years from now i think ge will be significantly higher, and i think that's why you invest in stocks. stuart: i agree entirely, i agree. big tech companies, we coffer them all the time -- cover them at time, of course we do. along with alibaba, ten cent, baidu, they've gained nearly $1.7 trillion in market value this calendar year. i have to keep asking the same question, john, have you ever seen anything like this before? >> no, i wasn't around at the turn of the 20th century. [laughter] i think that's the last time we saw it with rockefeller, carnegie and j.p. morgan. these are building some of the greatest companies in the history of the world with more cash than any company has ever had. look at companies like apple, $252, $270 billion overseas, $128 billion with microsoft which you own, $32 billion, facebook. $57 billion, google. it's a big effect if this tax

cut and repatriation goes through, because these companies' balance sheet will change significantly. stuart: okay. i think you might help the market with that one, john. thank you very much, indeed. i do want to alert this, the president tweeting about a big announcement when he returns from asia. he lands in d.c. tonight. here's the quote: i'll be making a major statement from the white house upon my return to d.c. time and date to be set. we don't know what he's going to talk about in that statement. we do know he's going to speak to the house republican conference on thursday. the white house has confirmed that to fox. the president will address the gop ahead of the tax vote which we are told will be thursday. remember, please, when you schedule a vote, you know how the vote is going to turn out. there's no ands, ifs or buts here. they've scheduled it for thursday, it's very, very likely to pass. actor john o'hurley, well known for his role on

"seinfeld," he's back in new york, and he's on the show a bit later in this hour. first though, we're going to be joined by an award-winning reporter and author who spent ten hours interviewing steve bannon. where bannon opened up to him about his agenda to take down the establishment. he's with us next for a fox business exclusive. ♪ ♪

stuart: he's a las vegas billionaire, ha gop mega-donor, his name is sheldon adelson, and he's reportedly broken ties with steve bannon. edelson's upset with his report to challenge republican incumbents in next year's elections. bannon has pledged to oust mitch

mcconnell. edelson supports mcconnell 100%. republicans are just running away in droves from any connection to roy moore because of all these allegations against him. keith coughler is with us, the editor of the white house dossier.com and author of that book, "bannon: always the rebel." welcome to the program. >> thank you. stuart: i suggest if bannon goes head over heels for judge roy moore, he's overstepped things because every other republican that i know of is running a mile from roy moore. bannon's gone too far, what say you? >> yeah, that's one of the things, i mean, that's why it's titled "always the rebel." bannon is not one to go along with the flow, he's not one who will just bend to what everybody else is doing. but you're right, that could cause a problem for him in this case. i mean, you know, as the allegations against moore mount, it gets more and more difficult for him to defend him. and also these type of things

that are popping up about moore are exactly what the establishment says, the republican establishment says is wrong with bannon in that he is going to be supporting candidates who are irresponsible, who can't win. but, however, i think the thing that bannon knows that he has in his corner even if the moore candidacy goes down is that he feels that the base supports him. look, the base elected donald trump as the nominee, the republican base did. and he feels that even if moore thing doesn't work out -- i believe this is what he thinks -- that there will be other candidates, and he will still have the credibility the advance candidates or that are anti-establishment. stuart: the problem is though, in my opinion, bannon wants 100% of whatever he wants. it's got to be perfect. and if it ain't perfect, he doesn't want it. result? we don't have obamacare reform. steve bannon and his allies thought, oh, no, no, you've got to repeal it and replace it immediately, it's all got to go 100%. they opposed the repeal move,

and we've still got obamacare. that's my problem with steve bannon. >> right. well, i -- it's not my impression that he's quite that inflexible. i mean, he's a very smart guy. he does understand that, you know, that things change. i'm not convinced that he's not going to be able to turn around and say, well, you know, we -- maybe we can't do things this way, we can't push for everything, you know? i don't see the evidence necessarily. i mean, he has a strong line, but just because you're forcefully in favor of something doesn't mean that you're, you know, stupidly inflexible about things. stuart: is he right, does he and what he stands for have the 100% support of the trump base? >> no, but it has the support of a lot of it. and, you know, you have to look. i mean, the primaries -- look at the people that trump was victorious against. i mean, credible candidates from the establishment; jeb bush, marco rubio, chris christie. these were not just people that popped up out of nowhere, these were credible candidates.

and yet trump still won fairly handily. and the second place fellow was ted cruz. so he believes, and i think that he's right about this, that there is a real rebellion against the establishment. the republican base has changed, but what has not changed yet is the elite in washington. and that's what he's trying to do, is make the establishment conform to the change that has already occur at the base -- occurred at the base. stuart: 20 seconds. if the president follows bannon's advice to some degree, does the president get a second term? >> i'm sorry, i missed the question. say it again? stuart: if the president, president trump, follows bannon pretty closely, listens to him, acts on his advice, does the president get a second term? >> yes, because that's exactly the way that he got a first term. stuart: okay. honest man. we appreciate that, thanks for joining us. >> thank you. stuart: thank you, all right. >> my pleasure. stuart: how about this? lord of the rings making the move from the big screen to the very, very small screen. amazon says it's going to release are lord of the rings, a tv series.

the show's story will take place before the events of the films. amazon says the deal includes a potential spin-off series as well. amazon's stock right now is up, one of the very, very few stocks that is up this morning. yeah, amazon, 1134 per share. >> wow. stuart: soon we're going to be joined by actor john to hurley, "seinfeld" guy, right? he's back in new york. i'm going to ask him what it's like to be a conservative in hollywood. but first, check this out. it is what could be the world's first floating nation. it's designed to, quote, liberate humanity from politicians. we can get behind that, can't we? >> okay. [laughter] stuart: we'll tell you where and when it is coming. ♪ ♪

♪ ♪ stuart: the founder of paypal, peter thiel, look what he's bankrolling, a plan to create a floating nation in the pacific ocean. there's a nonprofit group that hopes to raise $60 million by 2020 to build the island off the coast of tahiti. it'll include hotels, homes, offices, restaurants, maybe some

secret banks? [laughter] the president of the group says it will liberate humanity from politicians, it will float in international waters and operate with its own laws. the group plans to build thousands of floating cities by 2050. look at this -- >> video. [laughter] stuart: i kind of like it. that's a robotic dog. >> terrifying. stuart: oh, my god. 55 pounds, all electric. >> it's creepy. stuart: i have no idea what it's for. any idea? >> to creep us out. >> live an anxiety dream. >> look at that, it's like a giant plug on the front. stuart: it's cute. >> i'll get you one for christmas. stuart: no. a new jet can take people from new york to london in about two hours. it's called boom supersonic. the aviation company is known as boom. they say this plane can fly faster than concord. it flies at 1700 miles an hour. it'll make its first test flight next year, that's a big deal. >> yeah.

stuart: and the company hopes it'll be heading to -- >> you flew on the concord, right? stuart: i did, several times. that's an experience and a half. individual stocks, look at the financials. there's a bipartisan senate deal to curb some dodd-frank rules. the big banks don't care. they don't care about dodd-frank, whether it's reformed or not. look at the regional banks, they do care, and this rule change will help them, and they're all up. private equity firm has made an offer to buy buffalo wild wings, they're prepared to pay more than $2 billion. investors love it, the stock is up 22%. better profits but disappointing sales at advanced auto parts. the stock is up 18%. there's some things i just can't figure out. but flat sales at tjx, parent of t.j. max, marshalls, they're down 4%, another retailing problem there. the justice department has been asked to appoint a special counsel to investigate hillary clinton. finally. judge napolitano coming up on

that. check the big board, the market is down a little, 59 points. it's come back a bit. dan schafer, he's been on the show. now remember, please, he's calling for long, slow decline in the market. however, our next guest says we're going to see a major financial crash all of a sudden, bang, it's going to hit you. stay right there, harry dent next. ♪ ♪ i accept i don't conquer the mountain like i used to. i even accept i have a higher risk of stroke due to afib,

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♪ ♪ stuart: what's that? >> credence clear water arrival -- stuart: why do we have this affinity -- >> because they play great music. stuart: the producer says because they're great, and everybody loves them. okay. breaking news, dow jones reporting the white house is considering mohamed el airian to serve -- the former deputy director of the imf. no comment from the white house, but that's what dow jones is saying. check that big board, it's come back a bit. we were down 150, now we're down 60. our next guest says watch out, a major financial crash -- and i use that word advisedly -- the a

crash is coming, and it's coming soon. look who's here, harry dent, author of "zero hour." welcome to the program. >> nice to be back, stuart. stuart: really? [laughter] >> you're not going to beat me up again, are you? stuart: no, no, dan schafer, you know the guy, he says we've reached a peak in the market, and from here on out it's a long, slow, nasty decline like '73-'74. down, down, down. but you say sudden, sharp, short crash. >> the only way bubbles go. i've done every major bubble in the last century including the japan bubble, 1929, china. the first crash average 41 % in 2.6 months. that's a precise statistic. bubbles crash and burn. stuart: okay. so you think we are in a bubble -- >> yes. stuart: and that's about to burst -- >> now, i have to confirm we're seeing the divergence i've been looking for in the dow transports and maybe in the

small caps. if that continues then, yes, i think we're peaking here. we said when i was here before the hurricane i said, hey, trump rally's going to be 20, 25%. we've seen that. i think this is about done. stuart: so the crash is imminent. >> i think it's imminent. stuart: according to your research -- >> and it is not going to go down slowly, i will bet my life on that one. stuart: be careful -- >> my life. stuart: be careful. so you're talking -- >> i've never seen it in history, that's why. stuart: the next couple of months, is what you're talking about. >> yeah. i think we're in a peaking process, but i can't confirm it yet. [laughter] i mean, you can't until you see evidence that it's peaking, because bubbles go until they -- i've learned that harder than anybody. stuart: okay. i want to talk to you about puerto rico because you were on the show when hurricane maria hit. you were stranded. you could not get out -- >> i had to hold my windows from blowing out physically for 14 hours. stuart: okay.

now, you got out. tell us the story. >> i got out twice, and i i was stupid enough to go back a second time. it's like an a-bomb has hit there. nothing works. there's no electricity most places, no water. people may start dying from water contamination, and then they'll get aid. i'm not even going -- i'm in new york now. i had to flee. and i'm not even looking at going back til late december, and i don't expect to be able to go back there until early next year, and i'm not sure. stuart: are you sort of saying that the relief effort is just not going far enough or fast enough? because we're talking tens of billions of dollars that's been allocated -- >> i know. stuart: $90 billion was the last number i heard. >> it's not working because they were already in financial difficulty, and they already had poor infrastructure before the hurricane. and this just was a knockout to blow. i don't know if puerto rico can survive. i think they will only if they get a big aid package from the united states. and unfortunately, that's probably only going to happen if people start dying. and i hate to say that, but that's -- because it's not

happening. stuart: i'm told there has been already a mass exodus. can you confirm that? >> yes. well, they lost a 40,000 people in -- 450,000 people in the ten years before the hurricane. now they've lost another couple hundred thousand, and they're going to lose more and more until there's not going to be a country. stuart: ask they're all going to -- >> orlando. and texas and new york. but orlando, florida and texas. stuart: you don't think you can go back until next year? >> early next year, is what i'm guessing. stuart: you have a house there, i take it. >> i own a house on the island, and i'm leasing a condo. my lease is up in may of next year, and i'm going to have to decide to stay there -- stuart: so you live on an island off -- >> i don't live on an island, i'd be bored. i have a beautiful house. it's nicer than -- stuart: whatever you say. but you ain't going back anytime soon. >> no. stuart: all right. before you go back, we expect to see the crash. is that pretty accurate? >> yeah, i'd say that. well, o.k --

stuart: yeah. [laughter] >> if we're going to see crash, this first rapid thing down is probably going to start by late january. stuart: okay -- >> if it doesn't start by then, then i'll have to back off again. stuart: well, we'll have you back on the show in january and see if you're holding to that, because you're on videotape. all right, dent, thanks for joining us. [laughter] good stuff. now this, as you may know, president trump has nominated alex azar to be the next hhs secretary. he served as ceo of a giant pharmaceutical company, eli lilly. joining us now is betsy mccoy, the author of "beating obamacare." this is her subject, obamacare. tell me, betsy, this man, mr. azar -- good friend of this program, frequent guest here -- used to run a drug company. how is he going to get drug prices down? because that's what we want. >> well, he's going to do it in a smart way. as you've heard many times democrats say, okay, let's have medicare negotiate with the federal government. there is no negotiating with the

behemoth federal government. that's a very misleading euphemism for let's slap price controls on pharmaceutical products. and azar has said many times that will destroy medical innovation. stuart: what's he going to do? >> so he has proposed, and these are just broad strokes, he has proposed incentives to get pharmaceutical companies to charge their non-american customers more. because what's happened in the past is that americans are shouldering the entire cost of the research and bottom, and then -- the research and the development, and the rest of the world buys these drugs for what it costs to manufacture the pill. a small amount. stuart: foreigners pay more for american drugs -- >> no, foreigners pay more for their drugs if they're produced in the united states. stuart: that doesn't seem like a mechanism that's -- >> well, i think he's going to be able to do it because it will be shifting the biggest cost of drugs, the r&d cost, off the backs of american purchasers. he's also a good pick for a couple of other reasons. this man knows every nook and

cranny of the largest civilian department of the federal government, hhs. he knows it all. trump realizes that if he can't repeal obamacare, he has to do by regulation, providing relief to consumers who don't want to buy this one-size-fits-all, very costly plan. azar knows every part of that law, and the health and human services secretary has vast discretion under that law to relieve consumers from that burden. stuart: i've got a better idea. >> what? stuart: if you want to lower drug prices, lower medical costs, get the lawyers out, please. >> well, i'll shake on that one. [laughter] stuart: yeah, but it's not going to happen. we never hear it from anybody. that's how you get the cost of health care down. >> right. and let's hope azar convinces congress to include the repeal of the individual mandate in the tax plan. stuart: yes, please. >> $338 billion can go a long way towards reaching a -- >> you know what? betsy is absolutely right, because the rest of the world gets cheap drugs thanks to the

r&d done in america because on national health, my prescription was -- i think it was three pounds for three months' supply. >> right. you're just paying for the actual chemicals -- >> correct. for the actual cost of the pill. stuart: the british taxpayer is subsidizing your medicine. >> probably. yeah. bottom line, i pay -- >> these drug companies are selling to overseas consumers whether it's the government generally -- >> right. >> -- or health plans for much lower prices than they're charging here. stuart: by the way, senator rand paul has just said, literally just said he wants to amend the senate tax bill to include the repeal of the individual mandate -- >> yes. stuart: is that correct? >> yes! >> the president tweeted about that last night. stuart: and rand paul has just said that's a -- >> that's a really big breakthrough. $338 billion finish. >> wow. >> that means we can pay some of the corporate tax cut -- stuart: yes. >> -- and/or provide property

tax relief -- stuart: it would also mean that high income earners really do get a lower tax bill, because the taxes included in that obamacare deal are huge for upper -- >> yes -- stuart: 2% surcharge. >> taking the tax credits away from the people buying health -- >> but that's not going to be part of the, part of the tax cut. what they're talking about is if they repeal the individual mandate as part of this tax plan -- stuart: yes? >> -- it will save the federal government, taxpayers, $338 billion because people won't be coming for subsidies who don't want to buy obamacare. stuart: you straightened me out. you're absolutely right, betsy mccoy. thanks, good stuff. >> thank you. stuart: i do want to check ge again, please. down more than 6% now, back to the $17 level, down 6.13%. terrible day yesterday, awful day today. shares of coca-cola just hit a fresh 52-week high.

they've got an upgrate from wells fargo -- upgrade from wells fargo. and the justice department are going after hillary clinton, really? they've been asked to go after her. i wonder if they will. judge napolitano coming up on that very subject. we're going to be joined by john o'hurley, conservative in hollywood. how on earth do you do that? [laughter] that must be quite a trick, you john. we'll be back in a second. ♪ you can't predict the market. but through good times and bad... ...at t. rowe price... ...we've helped our investors stay confident for over 75 years. call us or your advisor. t. rowe price. invest with confidence.

>> i'm nicole pet lee e d.c. with r fox business brief. watching amazon closely, amazon is developing something new according to sources. amazon has this ad-supported version of kline video, and it will be free. and this, obviously, will have ads. and if you take a look, it'll give content creators, as amazon says, their own channels that will share audience information, data insight and also ad revenue. and this is how they'll -- [inaudible] doing this free streaming video. they've been spending, reportedly, $5 billion on content this year according to "the wall street journal". and this is all to take on all the other streaming companies including netflix, hbo, voodoo, playstation just to name a few. so adding to its own media and content will give amazon what

they hope is a leg up on the competition. ♪ ♪

stuart: it's a holiday tradition, and ia good one. the national dog show held on thanksgiving in new york this year for the 16th year. it's a big event, and look who is here -- [laughter] that man on the screen right now is here on the set with me. his name is john o'hurley.

i think this is great, john. >> isn't this fun? you know, it's television that's for everybody, and there aren't too many things that are. it's in that two hour space between the macy's thanksgiving day parade and football, so you have two hours to watch something everybody loves which are our dogs. stuart: i'd give my right arm and left leg if i had just one-tenth of the ratings you're going to get -- >> 30 million people watch this. it's now in our 16th year. it has been going like that. very few shows have been moving in that type of echelon on television. stuart: i must confess, i've not actually seen this dog show. >> really? stuart: no, i'm very, very sorry. >> well, then i can lie about it to you. [laughter] stuart: what do you do? i'm seeing prize dogs being paraded around here. is it a dog contest? >> well, let's call it a contest, if you will. basically, we have almost -- we have 2,000 of the top dogs in the country that are winners all around for the best in their breeds, almost 200 different breeds. they're divided, they show in their breeds, then they move

into their groupings, and then we have a best in show group. but every dog is judged against the written standard of what it was bred to do, so it celebrates the rich history of 4,000 years of dog breeding. stuart: you got to be a dog owner -- >> i have had a dog. i wrote in my first book i'm a better man with a dog in my laugh. stuart: what breed? >> i have a cavalier, and this year a little rescue dog that has changed our lives entirely. it's aer the yea, and it --er the writer, and it owns the floor. stuart: terrorizer? >> oh, so much fun. [laughter] stuart: you're a conservative and you're in hollywood. have you lost any work? [laughter] >> well, you never know what you lose. you know, i just want to tell you we're not going to hire you -- [laughter] a personal phone call to tell you that. you never know what you don't have. but what is it? i mean, it's a very lonely existence because you really can't have a conversation with anyone. and there is an assumption on

their part, and i say "their," liberal hollywood, that you are as disgusted as they are with the current regime. and so i have to sit there and listen to this and watch this roll of the eyes, and i'm going, guys, i'm out here. but it's a toxic environment -- >> it really is. >> and they react viscerally to the fact that you don't agree with them. because it, when you actually voice an opposite opinion. and i tend to find that conservatives are, by their nature, individuals. so it's tough for us to find a group of other people, but we do exist out there. but so you end up working as an individual, and you just to your thing. and as they say, you know, the alchemy of kindness is wasted on toxic people. [laughter] stuart: i think of you as an actor, i think of you as the "seinfeld" guy -- >> i'm glad you think of me. [laughter] stuart: wait a second. i was not aware of this thing you've got going here, it's called energy inc. park, and this is an energy project which

is way along the line here -- >> oh, it's singular. it's culture-changing. stuart: what does it do? >> very simply, i take any form of waste, and i turn it into energy. waste to energy technology. we do it with zero, absolute zero emissions. let's translate that. what it means is i can take timber waste, green waste, tires -- 300 million tires a year we throw away -- i can take fracking slurry, toxic land and process it through this heated vacuum process and clean whatever's in it. comes out with a synthetic gas that can be turned into anything you want it to be. stuart: what kind of scale? my backyard? >> it really doesn't make economic sense at that level. so it's not the flux capacitor for your car. [laughter] but we work in scales of a hundred tons. so a hundred tons a day, a hundred tons of tirings. now, here's the kicker, is that we can do coal. with absolute zero emissions.

not just coal, but we could do the second-tier coal, and that's the real problem. that's where the epa goes nuts on these coal-mining companies because it's the stuff they can't sell, so they flow it in piles, and the piles get wet, and it goes into the water table. stuart: i'm used to good ideas. i'm used to pie in the sky dreaming. this is not pie in the sky dream -- >> no, no. stuart: you have contracts out for a hundred of these machines? >> domestically and internationally. we're even going as far as ago chrl manure. stuart: have they bought it? >> oh, yes. stuart: it's $30 million a pop? >> approximately. [laughter] don't give the price -- [laughter] but there's more. if you call the number you see right there -- [laughter] you'll get two. [laughter] stuart: you are off and running, this is not pie in the sky -- >> no, we have our demonstration unit out there in las vegas, and i have engineers coming from every country in the world to see this, and they walk out there and they go -- because there's nothing like it.

it's proprietary and single -- stuart: you've got your money in it? >> this is all my own money. i am the only wallet in this, and that's why i have to work so darn hard. stuart: ten years? >> we've had this in development for ten years. it's been a maturing technology. we started off without being zero emissions, and about halfway through our evolution we are now at zero emissions. and i credit my co-founder, kim kirken call the, with that. one of the most brilliant men on the planet. stuart: that really is a story. >> it's a culture-changer. stuart: big deal. >> it's self-powering, portable, stackbl, scaleable. it literally runs itself. stuart: you realize how much we should charge for the commercial whether i gave you, three minutes, three-minute -- >> once again, that number is -- [laughter] just call me a self-licking lollipop. [laughter] stuart: you know, john, you're all right. [laughter] i don't care what hollywood says about you. [laughter] we'll see you on thanksgiving. >> i'll be there. stuart: yes, sir. >> funny. stuart: the feds might

investigate hillary's latest scandals. about time, one might say. the judge next on that. ♪ ♪

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stuart: the justice department may appot a special counsel to investigate hillary clinton and the uranium one deal. listen to what house judiciary member matt gaetz said about the investigation earlier this morning on this program. roll tape. >> this is not just, you know, retribution against a political opponent, this really calls in to question the security of the united states' uranium assets today. we need to know if there were bribes -- stuart: okay, i'm sorry, i'm going to interrupt there. the president has landed, and we've got tape from him moments ago. listen. >> we had a lunch, and they let me make my opening, my ending remarks at the lunch. so that was very good. we're leaving pretty much on time, i think, right? how is that, pretty much on time? >> yeah, a little early. >> kept us pretty much on time. >> you proud of the trip? >> very proud of it from a standpoint of security and safety, military, very proud and trade. you will see numbers that you

won't believe over the years. it's over a period of years, they will be treating us much differently than they have in the past. people were taking advantage, countries were taking advantage of the united states more than just this region, but the world. and those days are over. we're going to be fair, we're going to be reciprocal, as i said in my remarks before. we will be reciprocal meaning if they're doing it, we're doing it. and that's the way it's going to be. [inaudible conversations] >> one thing that you feel like you accomplished that you got done that you can tell the american people about? >> i think we made a lot of progress just in terms of relationship. we actually sold $300 billion worth of equipment and orr to things, and i think that number's going to be quadrupled very quickly. so that's over a trillion dollars' worth of stuff. i think we have done a really fantastic job, it's been a great trip. it's also been really good in terms of north korea and getting everybody together. i think their acts are all together. china has been excellent, japan

and south korea have been excellent. i think that's a very important part of the trip. and the other important part to me was trade and relationship. the philippines is an unbelievably important military location because it's, you speak to the admirals and you speak to the generals, that's perfect spot. and as you know, we had no relationship for a long period of time in the philippines, and now we have a very good relationship there. we're back with the philippines. so strategically, we have a very important location, maybe the most important strategic location in that area. so it's good. we had a great time. i hope you guys are all okay. you all look well. go to sleep for a little while, and we'll be around. we'll talk to you later. the basketball players, by the way, i know a lot of people are asking, i will tell you when i heard about it two days ago, i had a great conversation with president xi. what they did was unfortunate.

you know, you're talking about very long prison sentences. they do not play games. he was terrific, and they're working on it right now. hopefully, everything's going to work out. and i know they're very grateful because they were told exactly what happened. but it's a very, very rough situation with what happened to them. and i was with them -- yes, he is, and he's been terrific. president xi has been terrific on that subject, but that was not a good subject. that was not something that should have happened. okay, folks, go rest. >> [inaudible] coming home soon? >> i hope so. >> you said you might announce wednesday, thursday at the latest --

[audio difficulty]

stuart: one interesting point that came out of the president's statement was the basketball players arrested in china for shoplifting, the president says the basketball players, what they did was unfortunate. so the president saying, yes, they did it. said he had a conversation with xi, president of china, leader of china, and they had a good conversation, and that's why the basketball players got out. there's been no movement on the market whatsoever. you might have seen some movement for individual stocks, because the president did say it

will be quadrupled in years to come. >> now he'll focus on tax reform, right? the asia trip is over, getting tough on north korea. now he's already tweeting about tax reform. stuart: and he's going to make a big announcement. we don't know when, what it's about, but he said it's going to be a big announcement, and he will address the republicans in congress in the house before they vote on their tax bill which will be on thursday of this week. you don't schedule a vote unless you know it's going to pass. neil, it's yours.