it's not just picking a surgeon. it's picking the care team, and feeling secure where you are. visit cancercenter.com/breast appointments available now. maria: have a great day, here is stuart varney, have a great day. stuart: now his family is outraged because police officers questioned them. good morning, everyone. speaking of the family, albert foxcon says we have seen our children as young as 4 year's old held out in the cold, detained as their parents were questioned. a teenager, he says was pull out of high school class and interrogated without a lawyer. outrage. came here as a chain migrant, he may well be the guy that ends

chain migration system. we will have more on this, believe me. red flags for bitcoin, believe me. bitcoin market is, quote, burning with risks for retail investors. if a little guy being set up to hold the bag, the winklevoss brothers, they are on the show today. media targeted the president and made series of mistakes. in a tweet the president calls stain in america. win or lose roy moore may be a problem for the gop. yes, it is another day and varney & company is about to begin. ♪ ♪ stuart: well, look at this, we are going to go up at the

opening bell today. by the way, the dow logged its 66th record close under president trump yesterday. we are going up from there this morning. how about bitcoin, where is that today? it's at $17,210 per coin, up 319 bucks, however, top government regulator is raising a red flag about the bitcoin market. more on that in just a moment. we never forget appear until this program, do you know that 37 years ago today it went public, 1,000-dollar initial investment way back then would be worth $411,050 today. liz: with dividends. stuart: that is correct. i'm the guy who wouldn't invest in apple at 57 on the advice of my children. [laughter] stuart: i'm still here, i still have a job. this is a serious story. the terror attack in new york city, the family of the alleged attacker is reportedly outraged

by the behavior of law enforcement. you've heard him once and you you've heard him twice, judge napolitano is here. muslim civil rights organization, today we have seen children as young as 4 held out in the cold detained as parents were questioned. high school kid taken out of class interrogated without a lawyer, they are outraged. i don't think that's right. >> well, i understand the outage because it never happened before but i understand what the police did and in short order, this guy try today kill people and they needed to gather as much information as quickly as they could in order to determine whether or not he had a confederate and the process of doing that is unpleasant, uncomfortable and disruptive, but if you are the victim of that, if if you are the victim, of course, you're going to be outraged. stuart: wait a second, do you

have a constitutional right to a lawyer if the police question you about a relative? >> you have the constitutional right to a lawyer whenever the government is interacting with you and the government has obligation to tell you, meaning, the police is is supposed to say, we have to ask you questions you don't have to answer them, we have a search warrant that let's us take your son's belongs to examine them. we can take belongs now or ask you questions later. stuart: the guy for the counsel on american islamic relations, new york guy, he's outraged because they didn't have a lawyer. >> he may not be a criminal lawyer. he ought to be familiar with the intrusive almost violent nature of police gathering information quickly in a fast-moving story where god forbid there could be

a confederate. that was the greatest fear at the moment. did he set this off himself, pardon me, or did someone else set it off. if someone else set it off, who is that person and where are they? that's what the police had to find. stuart: i don't see the outage but i'm moving onto another story. the guy, ula has been charged. criminal law -- >> right. stuart: senator lindsey graham wants him charged -- >> we never had a person in the united states citizen or noncitizen, lawfully here who has been arrested for a crime suddenly swept out of the criminal justice system and put into the military system. that would seriously violate constitutional rights that he has by virtue of his status being here as well it is apparent that he is singing like a bird as well the nypd and the

fbi are far more adept at this than the military, as well the probation probation -- prosecutors have better conviction than counterparts at guantanamo bay. do you need more reasons? stuart: why do i feel that i have been put in my place? [laughter] stuart: come back in the 11:00 o'clock hour. [laughter] stuart: very famous face on the other side. i was about to introduce them. bitcoin, the sec chair warns main street investors, the little guy, i guess, about risks of investment. tails of fortunes made and dream to be made we are hearing the familiar refrain this time is different. long-time wall streeter steve cortez is with us. look, steve, the suspicion that the little guy is being sucked into bitcoin just as the big

guys are getting out with a ton of profit, what say you? >> i'm afraid that is the case, i'm glad that he's warning people. of course, he doesn't have a crystal ball, we should always be careful in markets when you have a transfer of assets from strong hands to weaker hands and in this case i think that's happening. in other words, very sophisticated players were in bitcoin early, in general those kind of transfers don't work out well for the general public. stuart: got it. i want to talk to you about this one, household, nonprofits, hold 36% of money in stocks, that's the second highest level of stock ownership since the dot com boom. stockholding, i believe shows is much more widespread. left is going to say that the huge rally on wall street only benefits the 1%, destroy that for me, steve? >> right, the evidence that you cited destroys that.

that's a good thing, we want ownership society. i would point out too that i'm not worried presently that we are approaching the dot com levels and for a couple of reasons, the dot com bust was largely of interest rates. doesn't that seem like a million years ago. we were so worried about y2k, the feds created the conditions at least for the dot com bubble. we have the opposite now. the fact that the stock market is rallying is best scenario, i believe because of trump growth agenda but the other key differences in those days of dot com bubble we were piling up money. piling up money in companies that were not profitable. it was obscene in retrospect. very different scenario. stuart: okay, so the bitcoin rally is like the dot com rally. like the stock market rally, total difference. as always, thank you very much,

we will see you again soon. , sir. the president tweet that is the cnn anchor don lemon, quote, he's the dumbest man on television. cnn fires back calling the president a bully. look who is here, harry, former white house press secretary under bush 43. you dealt in your job as secretary, bush 43, you dealt with enormous amount of criticism. if you were working for president trump -- [laughter] stuart: i heard that. if you were working for president trump and you're faced with barrage contempt for your president, how would you handle it? >> the press can't stand president trump and president trump can't stand the press and it shows. it's gotten to the point where i roll my eyes at this thing. i would never call a reporter the dumbest reporter of america and the president does and the atmosphere everything is operating on. the press would never fire back the way they fire back, they are making themselves unprofessional

and the president loser in -- press is loser in the equation. if you stay high and professional, you have a chance to shine, the press is not shining. stuart: mistake that is the media has made in the last ten days, two weeks, expose them to harsh criticism from the president, they've got thing wrong, flat out wrong, you can tell by what they got wrong that they are going after the president, they want to indict this guy. >> you put your finger on the biggest problem. the press has so much animosity and they are letting down filters and putting things on the air because it's antitrump. these are things that should be vetted more carefully. filtered out. bryan ross story, infamously bad. i believe today cnn and msnbc and cbs still owe viewers on explanation on how they got facts wrong, e-mail that went to donald trump, jr., they said it was september 4th, it was september 14th, the date was significant because it's after

the wikileaks stories came out. they all said it was september 4th date, how do you get that wrong from -- two independent sources? stuart: the deep state. do you think we will ever get used to president trump? >> oh, yeah, people are getting used to president trump. the style is to throw inside heat every day. a baseball term. he throw it is pitch high right at your head and makes you back off. most presidents are like that. donald trump is a fighter. sometimes he goes too far and other times the press deserves this and earned this. i don't really mind a little inside heat, i don't think you should throw people's head but back them off the plate. stuart: i don't know what you're talking about but that was really good. [laughter] liz: funny. stuart: party line bowling.

>> i have no idea what that means but sounds good. stuart: thank you, sir, appreciate it. wild fires still tearing through southern california, area larger than new york city is burning, look at it. 20% contained. the latest on the fires, we will have it for you. big change for american express card holders, amex says signatures are no long ernesto fight fraud. alabama votes to fill empty senate seat today, republican roy moore versus democrat doug jones, no matter who wins, you know the gop may have a problem here, more varney coming up for you. zar: one of our investors was in his late 50s right in the heart of the financial crisis, and saw his portfolio drop by double digits. it really scared him out of the markets. his advisor ran the numbers and showed that he wouldn't be able to retire until he was 68. the client realized, "i need to get back into the markets-

i need to get back on track with my plan." the financial advisor was able to work with this client. he's now on track to retire when he's 65. having someone coach you through it is really the value of a financial advisor.

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your contributions to the american cancer society fund valuable research. but that's just the beginning. a cancer diagnosis can kick off years of challenge. and that's where your donation truly shines. you help us fund free rides to treatment. a live 24/7 help line, free lodging near treatment centers. and even efforts to expand access to insurance. so, please - donate today at cancer.org and help attack cancer from every angle. >> california rage on the latest -- >> let's begin with thomas fires, still a threat. winds dropped a little bit but

the weather still dry, humidity low. six fires burning in california. we said that the thomas fire is the size of new york city, if you combine the sizes of the six fires burning right now that's bigger than new york and boston combined. that gives you an idea, a hundred thousand people still evacuated and, you know, the fight goes on. the only good slightly better news that the high gusting winds up to hurricane force have now eased a little bit. still dangerous. stuart: let's get to alabama vote today, they will send either republican roy moore or democrat doug jones to the senate, katie is with us, town hall editor, fox news contributor. >> good morning. stuart: sorry, i should have got to that earlier. win or lose, roy moore, win or lose, i think this is going to be a tough day for the gop going forward. i don't think they can win in this one. >> yeah, well, the republicans are certainly split when it comes to roy moore, of course, you have the president tweeting out just now that people in

alabama need to support him because he will vote on the agenda that he is pushing forward all of the time. now, i think that's a high bar for him to it's not guarantied how roy moore will vote but on the other hand you have people in alabama and people on the outside like mitt romney saying that electing someone like roy moore would be a stain on the republican brand. so there's definitely a disunity when it comes to particular candidate. concerning to republican that is the race is so close in a place where democrats haven't -- democrats haven't been able to get someone in the senate on their side of the aisle in 25 years, so the idea that they're kind of dragging roy moore across the finish line isn't really a good sign. this could go either way tonight. stuart: now seems to me that the president, he's come straight out for roy moore, made the robo calls for roy moore, he says vote for roy moore, made a political calculation, he wants roy moore in the united states senate so there are 52 republicans in the united states

senate. straight political calculation. danger is that this becomes a referendum on president trump and if he loses that's a terrible sign. >> well, this is a big test for president trump because let's not forget that he endorsed roy moore's opponent on the primary, luther strange, luther strange lost and now endorsed roy moore against his democrat opponent and if he loses that's a double loss for the president in terms an endorsement. now, if he wins, that will be all kinds of questions about what republicans do now, the senate let's not forget, senate republicans are pushing back on this and purposing back on the white house and saying they are not necessarily sure if they want to seat roy moore which opens up another can of worms, so to speak, whether it would be legitimate for senators in washington, d.c. representing other states to rebuke the choice of voters in alabama, so although voters are going to polls tonight to make final decision, this certainly is not over if roy moore wins. stuart: you got that right. stay there, i have some more for

you coming up. i want to talk about this, celebrity chef mario batali step get away from restaurants and tv show after four women accuse him of sexual harassment and groping. is this a phone?

or a little internet machine? [ phone rings ] it makes you wonder.

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democrat doug jones voting in alabama election, he's the democratic candidate for the senate seat there, the town of mountain brook, alabama. polls close at 8:00 p.m. eastern time. neil cavuto carries you through results, who won, who lost, you'll find out with neil tonight on the fox business network. now this, four nfl network analysts, three current and one former have been suspended of a section harassment claims and celebrity chef mario batali stepped away from company and tv show following sexual misconduct allegations by four women. he has apologized. katie is with us, what's going on, does mario batali, he can't have a cook again, he can't run the company, happened in the past, but apologized but now he's gone, what's going on? >> that's the thing, stuart, as we continue to see this sexual harassment, sexual misconduct reckoning happening across the

country in every single industry including in government, there are a series of questions on the other side of due process, what the claims are, making sure that each claim is taken differently and looking at the facts of each situation rather than lumping them together, there are different levels of mistakes, there are different levels of misconduct. stuart: they are all treated the same? >> exactly, that is a problem. as we look at this and say, yes, it is important for women to come forward if they have been sexually harassed, that is true. it's also important for men to be able to defend reputations and the truth is that any man can be accused of this kind of behavior and may not be true and despite it not being true it damages reputation. we have to take a step back, take a breath and understand that we have to be patient with these things and look at each case individually just because someone says something, it might be inappropriate, does not warrant ruining their entire

career. women make mistakes too just in a different fashion. we need to take a breather here. it's not justifying the behavior but bringing in the unity. ashley: katie is absolutely right. depends on what's being accused. there's a harvey weinstein, what's tough is that from this moment forward, you're done, you're no good from this point forward. scorched policy and there needs to be a little bit of counterbalance. liz: i know women that have worked with mario batali and that he has said disgusting things but like working with him. she's absolutely right on it. you wonder which case is going to jump the shark where men are falsely accused. >> i worry that we won't get to that point, get to the point of the proving an untrue allegation because we are so quick to call

for people's entire careers to be over because someone said that they were inappropriately spoken to. i mean, that is a problem, it reminds me of the title 9 courts that we have on the college campuses where it's not a court of law, it's a court of bureaucrats at universities were deciding the fate of young men simply because they are accused without any kind of evidence, that's leading into the rest of society and while women have the right to bring forward their instances of feeling uncomfortable, men have the right to defend themselves and defend accusers as well, that's going to be the next step in the process, hopefully everyone has put the brakes on and realize that all the things are not the same. stuart: let me tell viewers, on the left-hand side of the screen is doug jones, the vote is today. he has just voted in the town of mountain brook alabama, we believe that he's about to step up to microphones, if he does

say something, you will hear it right here. the microphones are right in front of him. ashley: there he is. stuart: wait for it and he's going to speak. all right, let's listen. [cheers and applause] >> again, i want to thank all of you guys for coming this morning, for covering the special election because it truly is special, special for the people of this state, special for these folks behind me, special for my family, we feel very good about where we are in this race, what we have done, what we have accomplished. the things that have been said to us in this campaign are extraordinary, the number of thank yous, the number of god bless yous, the number of we are praying for you, we are confident where we are and how this is going to turn out but more importantly, we feel so good about what we have done and what we said to the people of alabama and to people of the united states, so thank you, i

will take a couple of questions. there's only 15,000 of you here. [laughter] >> all right. so i want to try to -- i want to try to get some local guys, i see channel -- looks like channel 13 maybe over here. somebody have a question btm? okay. there she is. [laughter] >> hey. [laughter] >> i will give you the first one. >> sure. how are you feeling? >> exuberant. we feel so good. we have had such a wonderful time in the campaign and met wonderful people. when i started the campaign i thought i knew the incredible diversity and appreciation that i had for the people of the state but it has been overwhelming to be able to see firsthand who we really are as people of state of alabama and we feel very good, we feel very good about the outcome but we feel very good about where we have been in the campaign that we started and a little place on south side with only a few

staffers and lord, look at you now. okay. [laughter] >> yeah. >> rudies appointed by the bitterness, ugliness that has consumed -- [inaudible] >> i'm certainly relieved. look, we expected a tough campaign, quite frankly i think with all that could have been said and done, i don't think it has been as bad as it could have been. i have seen some worse, calls of certain things that have occurred on the other side, i don't think our campaign has been near as bad as people thought it would. we try today run a campaign that talked about my message, but a record, my record, roy moore's record is an important part of this. stuart: we allowed candidate doug jones to take us through almost of the opening of the markets which will be in about 20 seconds, let me set the stage for you, we closed at the 66th record high for the dow since the election -- since president

trump took the oval office, 66 records, the close was yesterday, we are about to open up in about 5 seconds time, we are probably going up another 50 or 60 points, we are probably going to be close to 24,500 very shortly, so we are up, we are running and where are we, ladies and gentlemen? you know, can you adjust that screen up there? i see up 70 points. ashley: yes. stuart: 7-0 points in the very early going. gain of about a quarter of 1%. up 67 points. the numbers in black on the left-hand side of the screen, they'll open up in a moment, red or green, quarter percent heir, where is the s&p 500 in early going? we are up a fraction. that's all. technology stocks are rebounding today, let's see, no. i have that wrong. we are down a point on nasdaq

composite, down .02% on the downside there. bitcoin, what's the price, 17,000 and $50 per coin, up $154 as we speak. now, we never forget about apple on this program, what you're looking at now is the current price of apple which has just od 172. did you know that 37 years ago today it went public for the first time and here is an extraordinary thing, if you had invested a thousand dollars 30 years ago, look on the screen, ashley, read it. ashley: is there a time machine? >> 411,000 and $50, that's how much one thousand dollars would be worth now. who is going through see me through this deal today? ashley and elizabeth, maria bartiromo and jeff sica as well. good morning, jeff. [laughter]

stuart: all right, so did anyone here buy apple in 1980? i'm looking at you, sica? >> no, i remember the stock that i bought before apple, i think it's been out of business for 25 years. i missed it and, yes, everybody was bath-mouthing apple back then and the holders of apple went through up and downs, god bless them but i'm not one of them. stuart: apple only took off in the last ten years. maria: i didn't. they sold one and a quarter billion of these things since company went public. what a success story, stuart. it was soldout when it went public and the demand was incredible. they obviously saw it and we didn't. stuart: forgive me for asking, as i recall, 1980 you were my intern at cnn. >> i was your pa. stuart: i'm sorry. >> production assistant for stuart in the morning shows,

that's right. i remember one day i was walking in the elevator with you and we were about to go on air and you started practicing your voice. i was like, wow. i was waiting, you know. [laughter] stuart: we are three minutes into the markets, come on. okay. look at the big coward. we are up 67 points. we are up and running, up 65. now u jeff, do you expect the market to pop when the president gives his final speech on tax cuts? i think it's tomorrow and the fed probably going to raise rates tomorrow? over tax cuts for a long time. the only thing that is going to reverse this path is going to be the remote possibility that this

dysfunctional congress figures out a way to drop the ball. liz: wait a minute, you said this is a bubble in search of a pin for like three years now. 6 trillion later appeared >> now, here is what i believe. >> ask him i will admit the stock i think this market has been overblown. the market has been propped up by artificially low interest rates. i've been optimistic on the economy lately, but i think taking away the bond option or you don't have the investors to be able to go into a bond market has created this artificial environment and i like to say, to take some of the heat off myself, that i'm not wrong, i'm simply very, very early. stuart: 71 points on the dow industrial. 71,456. this i found intriguing. households are nonprofits on

more than 36% of their money in stocks. we've not been at that level in terms of stock holdings in the.com boom. transfer 26 by 6 trillion is what americans is what american zone in pension and 401(k) and ira accounts. that includes government -- excuse me, government unions, teachers, firemen, cops, all sorts of people. stuart: when the left says the trump rally on the benefits the rich, that is not accurate. 4 million people with a pension plan. >> winded us talking points are coming. they do not want the president to have any success in this agenda. today is a very different market and a very different environment for people because they are much smarter about stocks. the information race in the last decade. here we are in the 90s for you by anything but.com associated with it. earnings growth and revenue growth are strong. stuart: you've got that right.

look at bitcoin. a red flag being raised to be the chair of the fcc. look, i'm going to interpret what he is saying as watch out, little guys piling in because the big guys with all the money are leaving and you are holding the bank. i am sort of paraphrasing what is going to say. stuart: you're absolutely right. very important to remember the lessons we learned in the financial crisis, the.com boom and bust and if it looks too good to be true it probably is. one of the most basic rules of investing and we need to apply to bitcoin. >> they haven't started trading with leverage and not being discussed now. when the leverage comes into it, and that's when the real bubble happens. stuart: $10 down to control $100 worth of bitcoin. >> when people ask me a sit in a bubble? not a traditional bubble because there is not leverage, but there

will be and that is whenever the investors warranted. invest what you are willing to lose because the volatility is too much for a lot of investors to handle. stuart: new high of the day, 84 points higher in the dow. 24,472. you knew bill o'reilly and co. is europe's largest commercial limo agreed to buy astray as westfield for about $1,520,000,000,000. the biggest property acquisitions and 2013. this is all about shopping malls, isn't it? the world's largest shopping mall owner. i don't think i want to be that guy. >> a must attend are things like health care services come and that is changing the game a little bit appeared in an amazon world it's hard to make the case for owning a mall. stuart: they think they will convert them. >> and services are things other than retail brick-and-mortar.

health care is taking over. look at cvs. look at all of these stories they can go and engage your health issues checked. >> real estate now was because of the boom we have rain, really date is very, very valuable. people should really look into this acquisition may know that some of the real estate they sit on is worth as much as a lot of other retailers. stuart: aren't you the guy who buys real estate -- you can talk up your own book. the inaccuracy that i believe. amazon has helped real estate immensely. i think there's brick-and-mortar that amazon can't touch. every day she watches. >> i've got a move. comcast says it's no longer pursuing a deal to acquire several key media entertainment

properties from 21st century fox. comcast up 2% there. bowling hike the quarterly dividend by 20%. i'll pay you a buck 71 now and the stock is i think a new high. 292 coming new high-end bowling. a dow stock helping the dow. the dow is now up 104 points. 105 points. a distance of 24,500. carl icahn to launch a new site as xerox. the company is set, the stock is up 10 cents. amazon making headway in digital streaming music. it now ranks third behind spot if i an apple. amazon pulling back today only 1166 per share. netflix uses more than 140 million hours per day. that is total combined. does that make you want to buy netflix? >> i don't own any netflix now. netflix is the king of content

and they have about 10 shows that people didn't watch in another 10 shows that are picking up traction. i think netflix is an incredible, incredible company. they have a lot of potential and really think about getting back into it. >> when you look at fox for things like this instance, there are a lot of great content players out there, although of course netflix is paying for original content. just a word on bowling. the reason is what is boosting bowling his commercial airline activity booming wide. business is opening the purse strings again in regulation allowing consumer travel again. i think it's a great story and economic story. stuart: a very good story. thank you to maria. just, you are all right. you're a good man. look at this. we're almost at 24,500. for the benefit of our radio

listeners, we are up 910 points. 24,494. uber apologizing to customers for search pricing after the new york terror attack. they said they will refund customers and let drivers keep the extra money they made yesterday. president trump laying out his space travel plans. says he wants americans to the moon and beyond. astronaut harrison schmitt, the last two walk on the moon. he is coming out.

it's

stuart: just getting this coming to a spirit coming to us. president trump tweeting about the economy. consumer confidence at an all-time high with a record high

stock market. unemployment 17 year low. make america great again working to pass massive tax cut. looking good. look at the stock market. this tuesday morning we are now up 105 points. very close to the high of the day. very close to 24,500. delivery delays for some of lockheed may be. tell us all about it, nicole. >> on average 11 months late. that is actually more than twice the five-month delay its arrival. basically the navy is waiting for these hobbled by readiness shortfall, this delay is 11 months long and obviously they have get it done. labor shortages and breakdown of essential vulnerability. this group has done really well. stuart: thank you very much.

on this program talked about paying for rancher structured development with toll roads. watch this. >> you really think we are going to go for toll roads and toll bridges? >> as an alternative to not building infrastructure, the answer is yes. we seen this in europe, britain and spain and other parts of europe, australia, asia. i think the day is coming united case where we are saying we have a $125 trillion shortfall. stuart: toll roads and bridges is his way of bringing an enterprise for a rate of return of invest in infrastructure. drew greenblatt to is the ceo of marlins deal. you've been in meetings with president trump about the infrastructure plan. toll roads and toll bridges mentioned? >> it is in all of the above approach. the issue here is that our infrastructure is a d. it unacceptable the greatest

nation in the world is really poor road, really poor bridges. unacceptable airports. we need the best of class in right now we need to invest a trillion dollars. this will help american manufacturing and our economy grow. stuart: i understand not your book on you need the infrastructure package. you need to put the money in. do you think america is going to accept toll roads and toll bridges? >> i think it's going to be a combination of many different -- money will be falling in on many different fronts. tolls are going to be a part of it. we need to have/roosevelt potholes. we need new highways, infrastructure or solid our factories can ship quickly in the supply chain has to move quickly. that's the only way we are going to grow our factories, hire more

people. it's going to be good for our communities, good for the economy. we need aggressive infrastructure. we have not properly invested for decades. it's unacceptable. we are down around 2% of gdp. we used to be a 4%. now is the time to invest. the president has the right approach to be in all an approach a trillion dollars of new infrastructure. stuart: told us in the past if we get the tax cut deal in place by the end of this year, you will be putting money into new workers. is that still true? absolutely. electricians and are building right now. our side being relayed in portions of our fact to reap. five new robot coming in in early january. all because of president trump tax plan. right now we have a situation where we have chinese fact areas, mexican fact areas come

in german factories watching what will happen with washington politicians. now is the time. these chinese factories, mexican factories want washington politicians to fumble. they want our economy to have the existing data escrow tax reform system. we as american manufacturers we need this tax reform package to sail through congress. we need this before christmas. we need these rates to be competitive against mexico, against china. chinese companies are hoping we don't get this done. the mexican factory. stuart: i've got it and i'm flat out of time. thanks for joining us. we will see you against them. we've retreated from the highs of the day, but i love 95, 94 points to 24,480.

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stuart: all-time high for boeing raising it did an end, buying

back shares. he's got a huge market doing very well and it is a dow stock that hopes the overall market. president trump wants american astronauts going back to the moon. even to use it as a defense of permissions to mars. roll tape. >> today this seems. back in size to begin new journeys of exploration and discovery to lift our eyes all the way up to that having been once again imagine the possibilities waiting in the big beautiful stars if we dare to dream big. stuart: here's a man who dared to dream. harrison schmitt, the last man to step foot on the moon. apollo 17 astronaut could welcome to the show. great to have you with us. >> great to be with you, stuart. train to my first question when i saw the president a that is why do we use robots? >> well, we've never used them before. all the exploration really need the human president for the

periods of human mind, training of the human mind and the ability to deal with the unexpected. the president's initiative and the vice president initiative as well are extremely important. almost certainly historic. stuart: why are we going back for to the moon? the operational imperative is to learn how to work in minimized deep space. it's been a long time and we need another generation to learn how to do that. stuart: would be a staging post perhaps. >> it is. it has resources that will help us go into the solar system. it also has energy resources that will be a valuable here on earth. i am looking forward to the implementation of this initiative. scientifically it will be very important. the moon is telling us about the history of the earth on the far side of the moon can tell us

about the early history of the universe. most importantly, stuart is a geopolitical imperative for the united states, for america to be present on the frontier space ever going to keep liberty and constitutional principles alive here on her as well as at the frontier, we have to be there. train to the elon musk on the jeff bezos got private enterprise space operations of their own. do you think there's a role for private enterprise putting astronauts back on the road and train them? >> not quite so sure, but there is a tremendous role for companies you just mentioned to play a part in the access to resources. i don't think the government needs to do that. in cooperation with the private sector, private investors can make that happen. i written a book on the subject called return to the moon and i still think it is a very important part of the private

investor future. stuart: would you go back in the code? >> i would love to go back. my wife would love to go with me and a lot of other people would come into. it's going to be an exciting time in the next several decades. stuart: how far away are we from another american astronauts setting foot on the moon? >> if we can put together a management environment like we had for apollo, we are only a decade away if less, probably less than that because we were much stronger from a much stronger technological base to do so. if stuart: harrison smith, the last man to walk on the moon. it's an honor. thanks her being with us. my pleasure, my honor. stuart: the mainstream left wing media in their contempt for the president exposed again. learning viewers sanely cover it too much, that you are tired of it. the left controls which you see on the papers and tv, not

propaganda. my take is next. . . . .

stuart: the media has made a series of mistakes in the last two weeks. their contempt for the president has been exposed. the truth has become a casualty of their drive to undermine him at all costs. abc's brian ross issues a false report on the president and general flynn t was serious stuff. the dow dropped 350 points as soon as the false report went public. joy behar on "the view" rejoiced what turned out to be that fake news. "the view" is an abc news product what kind of a news operation rejoices at bad news and fake news for america? cnn impugned standing of donald trump, jr., they got the facts totally wrong, took no action against the reporter and protected their sources.

do they protect the deep state informsers? they are all to get the president at all costs. you can wall this trivial when describing the crowd at the president's rally in florida. they deliberate think took a photo before the event to make it sure like the few people showed. pathetic. the place was packed. the exasperated president says don lemon is the dumbest man on television. you're bullying him says cnn some of our viewers said we should stop. we're giving them too much attention. i will go the other way, because the left controls too much what you read on newspapers or television. it is mass propaganda. if we don't point out the depths the elite media has sunk to, who will? the truth is, the president is right. this is what he tweeted this morning. very little discussion of all the purposely false and dema'amer to put out by the fake

news media. they're out of control. correct reporting means nothing to them. major lies written and forced to be withdrawn they are exposed, a stain on america. the section hour of "varney & company" is about to begin. ♪ stuart: gop leadership about to hold a weekly news conference. likely to talk taxes, immigration. we'll bring you headlines when they occur. check the big board, we're up tuesday morning. 95 points higher at the moment, 24,484. how about those big tex stocks? follow them all the time. most are up. facebook 179. amazon, 1172. microsoft pushing towards $86 a share. alphabet up two bucks. apple only loser, down 71 points

at $171 a share. stand-out stock of the day, maybe the year, boeing, record high, 291. it raised it is dividend. investors like that. it has a very full order book. check xerox. carl icahn wants a new ceo. trying to shake up the board. not much impact on the stock. up 19 cents at 29. got to get back to apple. 37 years ago today it went public f you invested $1000 back in 1980, today that $1000 would be worth $411,050. not a bad gain. ashley: not bad. stuart: i didn't invest back then. that man is gene munster, loop ventures manning partner. all right, they had a fantastic decade with the iphones and all that. where do they go from here? what is the next big thing on their horizon? >> well the next big thing is augmented reality. tim cook has put really the

stakes down, this will be the new way that consumers are going to interact with machines. this basically means the smartphone will go away. they're making a big bet. last week, a company called finisar which supplies a component for doing the augmented reality. says they're starting a new factory that will be online next year to supply this i think that is where apple goes in the next decade. this will be an ar company. stuart: can you give me example, demonstrate, how augmented reality works, how i will see, how which will use it, turn me on? sell it to me, can you? >> basically when we interact with computer or a phone, you take it out, tap on a up to screen. in augmented reality where you look. information will seamlessly be given to you. today it is the phone. you move the phone around the room, have information think of snapchat and "pokemon go."

the selling point you can look at person, remind you their name. look at a car, tell you information about it. look at a street to give you directions. just the ease that we will be getting information. you look at the sky. you will have weather. walking through the grocery store. we'll highlight what things you want to picks up. so, really the opportunities are endless. hevery similar what we saw with apps around mobile. it was hard to identify but the simple selling point, stuart, the ease we'll get information is going to be improved. stuart: wait a second. do i have to point my phone at the sky to get weather or in the future, or will i just look at the sky, bingo, a weather forecast comes into my head? >> it will be future, apple acquired a company that does form of wearables. in future, glasses. near term, use your phone to get there. stuart: worried about having a metal plate put in my head to

receive signals from mars. top regulator guy is warning about investing in bitcoin. here is the quote. tales of fortunes to be made and dreams to be made. we're hearing the familiar refrain, this time is different. 40% of all about it coins are owned by 1000 people. there is suspicion that the big guys in originally, they're getting out as little guy comes in. they're left holding the bag. do you see it that way? >> i see it two ways. these can go exist. i think we're in a bitcoin bubble right now. it is up 1500% in the last 11 months. we can go back to the history of the dot-com bubble and real estate. there is a lot we learned from dot-com, even though a bubble longer term was more significant

than what was dreamed up in 2000. i see a pullback in bitcoin. people will sign up like you are mentioning. ultimately this is the block chain and some form of crip toy currency, future how values are transferred. stuart: i love to see which is the winner, how it will work two or three years down the road. i can't see it like that. maybe i need augmented reality from apple. gene, thanks for joining us as always. we appreciate you being with us. >> thank you. stuart: now this the, former treasury secretary, very high level official, larry summers writing in "the washington post" the economy is on a sugar high and tax cuts won't help. joining us david macintosh club for growth president. "the financial times," economy has a painfulcomdown from its sugar high and tax cuts won't

help. do you agree with that? >> not at all that. is just sour gripes from larry summers. he wishes he was in control during one. greatest recovery periods we've seen. the democrats, clinton, obama, want us to get to used to 2%, 1%, anemic growth in the economy because they want to keep all the tax revenue. trump has broken through that. we'll pass the tax bill. that is 1.5 trillion americans get to keep and invest to grow the economy. stuart: if we get the tax deal done, people are sure it will get done, if we get the start of a infrastructure program next year what kind of rate of growth are we looking at next year and year after. that will stay steady for next few quarters. i think it will be three or 4%. i think good quarters, six, 7%,

once we unleash the potential of american people, our workers, the strength of our economy. stuart: has it that staying power? we've been expanding seven or eight years? eight years of expansion. you're looking two, another three. maybe, that is a long leg a long lived recovery. are you okay with that? >> it is stuart, but the fundamentals are there. there is not inflation creeping in. the economy is ready to invest in the capital, to be able to produce more. i think you're going to see sustained growth for a while. the cycles will eventually kick back in. there will be a retrench. i think we'll see two, three years of robust growth. stuart: larry summers says economic strength are largely unrelated to government policy. i think that you disagree with that too? >> that is his biggest complaint. the government doesn't get to manipulate this and grow the

economy with government spending. it is unrelated to government spending. but it is government policy of deregulation, lower taxes. eventually we have to control the spending. then the economic growth happens in the free market with individuals and people in the america investing working, and producing more. stuart: tell you, david, i'm looking forward to millenials getting a taste of prosperity. that vigor from a dynamic capitalist economy. they don't know what i'm talking about. it's a terrible thing. >> when they see it, they will love it. neil: yes, they are. they will move out of the parents basement. that was nasty. i never should have said. you are welcome anytime you look. >> good to be with you. stuart: update on california fires, still burning liz. liz: six fires in southern california. the largest, the thomas fire. in one week it exploded into the fifth largest in california state history. it is centered on santa barbara. they are fearing it is marching

north with ferocious rapidity. the scope of it, stuart, is about, it takes 45 minutes, 45 minutes to drive from one end of it to the other. it is nearly half the size of rhode island. ashley was saying about size of new york city. all six fires are about the size of new york city, ash has said, new york city and boston combined. that is the size of singapore. you have 6400 firefighters on the thomas fire. a lot of celebrity homes are in harm's way. oprah winfrey, jeff bridges, ellen degeneres, rob lowe. the winds are acting a little bit better, but there is still concern. there are 18 thousand homes just in the thomas fire's way alone. there is fear it continues to march fourth. stuart: you have eight days of fire in southern california and they're not out. got it. >> you know it is a wonder that

people get anything done. netflix users around the world watched 140 million hours of content per day, all of them combined obviously. among the most binged shows, "13 reasons why," "riverdale," and "american vandal." now you know. president trump wants to go back to the moon with astronauts that is and then on to mars. could private enterprise do a better job than government? we'll discuss that. later this hour the winkelvoss twins, they're bitcoin billionaires, are they saying? what do they make about the warning from the sec chair about bitcoin? you're watching the second hour of "varney & company." ♪ [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that

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24,473. the price of oil molding steady, $57 a barrel. the price of gold heading pretty stead at 1240 per ounce. a number of parents are paying for their children'ses expenses. how many parents pay for their childrens expenses? ashley: 74% of parents were asked, pay for adult children living expenses. what was number one thing they helped pay for? cell phone bill. stuart: no. ashley: followed by car repairs. gas money, rent, utilities. we're talking about children 18 and up. one of the other big things that came out, they helped their kid pay down part of the debt on student loans. we don't know what they didn't do in this survey was break down the actual age of their kids. are they 18, 19? is this happening at 32, this is real problem. sell phone bill, if you can't afford one, don't have one. stuart: my day in britain where

we grew up, the rule, reach the age of 18, you're out. ashley: yeah, you leave home, no matter what you do, you're out. you don't look to your parents for money. is that your case. ashley: i used to take my washing occasionally. ask my mom. she frequently tells people that. stuart: times have changed. ashley: they have. stuart: they had to change, student debt. ashley: they do, they do. stuart: poor jobs available out there. liz: good point. ashley: huge student loan they get a not great-paying job in big city that is expensive. they need help. stuart: producer is saying quit talking about yourselves. all right, moving on. let's talk tax reform. final push is underway. the clock is aticking. the december 22nd is the deadline. tough get it passed by then because you got to get it passed before roy moore or his democrat opponent doug jones take their seats in the senate. john kennedy, frequent guest on the program expressing concern

about the timeline. roll tape. >> i'm hearing that it could be next week. i think that is a huge mistake. you have a lot of people that are excessively full of themselves. they think it has to be my way or the highway. stuart: got a blunt way of speaking, doesn't he. excessively full of themselves. congressman pete roskam on the conference committee trying to iron this thing out to get it done by the deadline. pete, i know you will tell me you're getting it done by december 20 second. you're telling me that, aren't you? >> i am, absolutely. stuart: there is sausage-making, wrangling at the last minute that is what is going on, right? >> absolutely. the house passed a bill. we cross admit call rubin can when we passed that bill. the senate passed that bill and cross admit call rubicon when we passed that bill. i had somebody at home describe where we are in the process i

described it this way. have you ever returned the car to a car rental space and you crows over that spikey thing that says, don't back up? that is exactly where we are. both the house and senate have done it. we're moving forward. we're absolutely going to get this done. stuart: there is some wrangling about the 20% top corporate tax rate. kevin brady wouldn't commit saying it would be 20%, leaving a lot of our viewers who are investors interested in this, it might be 22% or more. can you give us an update where it is going to be? >> i will not get ahead of the chairman or not get ahead of the conferees to say everybody is trying to figure out how is it that you can find as much growth as possible to come up with as much permanence as possible and get it so it can pass the house and senate obviously. both groups of conferees are coming together in good faith, trying to take the best of both bills. there is some thing as a house member i like best about our approach. there are some things the senators like best about their

approach. what we're trying to do is find common ground. stuart, i have every confidence when it all comes down to it, this bill is going to get signed into law before christmas. stuart: is there any hope of lowering the top rate for to be income earners, 39.6 at the moment? the proposal is to drop it to 38.5. we hear the president would like it to be 35%. any vague chance of that? >> look, all of these things, all of the dials that are adjustable are all in play. i'm not trying to be coy but very much, all these areas are subject to discussion. you want them to be subject to discussion. but when it all comes down to it, what we're saying is, we have the opportunity here to be transformational in this. we're absolutely determined to do it. look, there is something bigger that is going on. the bigger thing is, we're deciding the economic future of our country. we're either going to be in a country that celebrates growth and participatory type of economy, which is terrific, or

we will lapse into the politics of zero-sum game economics, if somebody is successful, we simply tell the next generation, get jealous of their stuff. go with the former, not the latter. stuart: peter, apologize for hard time over the past year. always demanding that you get it done now, now. you're a good man. we do believe you will get it done by christmas. >> thanks, stuart. thanks for the encouragement. stuart: thanks for joining us, thank you very much. they're voting in alabama. comes down to republican roy moore versus democrat doug jones. by the way, roy moore will arrive on horseback. doug jones already cast his vote. he did that earlier this morning. he arrived by car, by the way. we'll head to alabama by the way. ♪ cannot live without it.

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stuart: voting day in alabama. democrat doug jones just cast his vote. jeff flock is in alabama. jeff, you know what everybody wants to know, who will win. tell us. reporter: nobody. nobody's going to win. you come through this process, anybody really going to win? i don't know. brookhaven baptist church behind me where doug jones cast his ballot. roy moore has been making headlines this morning with a comment he made to a local radio station today, if he is elected the senate does not have a constitutional right to consider ethics violations against him. they can't really remove me. most people would disagree with that i put the question to doug jones this morning after he came out and cast his ballot. listen. >> judge moore has been consistently wrong about the

constitution in every thing he has said. [cheering] reporter: it comes down to a referendum i think, stuart, on judge moore. i don't think doug jones would be anywhere close to being in this race if it wasn't for that. he is not that, by the way, just to say it, jones is not all that, paint him as some left-wing crazy liberal. he is a hunter. he doesn't support late-term abortions. he is a long-time church member. he is pretty much alabama too, so. we'll see. stuart: jeff, i'm sorry you through you there by asking you who is going to win. i know you can't possibly answer the question but i thought i would ruffle your feathers a little. you know. is that okay? >> i always got an answer even if it is wrong. stuart: exactly. you're all right, flock, no matter what they say. see you soon, son. >> no doubt. stuart: more "varney" after this.

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♪ stuart: they play the beatles when they want to put me in a good mood. i'm in a food mood, sports fans. the dow, up a 94 points. awfully close to 24,500. big tech names doing well again today. no they're not. they turned around. amazon is down 40 cents, that's it but i do have microsoft, they hit $86 a share earlier. alphabet is $4 higher. apple down a buck. >> into then there is this. the largest europe commercial landlord. they agreed to buy australia's westfield. they are a mall operating company. they are paying 15 billion.

this is the biggest acquisition in four or five years. this is about the future of the shopping mall, isn't it. don't forget ge, they're bouncing back a little, 17.90 per share, on ge, close to a six-year low. the army awards booz allen hamilton a spot on 37-dollar contract to equip soldiers for the modern battlefield. it doesn't do the stock much good. weak profits and sales at kays's general stores. they have 200 convenience stores in the midwest. i'm sorry, 2,000 stores. they're down 8%. verizon stock on nice move up. instinet says buy that thing. it is at $52ershare. moments away from attorney general jeff sessions and dhs secretary nielsen addressing the issue of chain migration following attempted terror attack in new york yesterday.

here is what white house press secretary sarah huckabee sanders had to say about it. roll tape. >> the president's policy calls for an end to chain migration. this is what the individual came to the united states through, if this policy had not been in place the attacker would not be allowed to come into the country. stuart: nick adams is with us, founder of flag and executive director, he joins us now. nick, i will throw this statistic at you and our audience. you know it already. i will repeat it for the audience. in the year 2013, nearly 2/3 of all the people admitted to america, 2/3 of them, a million came in, 2/3 of them were chain migrants. what do you make of that? >> look, i believe, stuart, that chain migration is a reckless and patriotism indifferent policy that needs to be stopped. i think that all it does is strain federal resources. it imperils the most vulnerable

american workers. we really need to have a policy that is going to look at how much people can contribute and their likelihood for success when they come to the united states. stuart: but we didn't choose those people. we're not getting the people that we say we want. we get immigrants and then they bring in relatives. it is just not the right way around, is it? surely we should be allowed to choose who we want, right? >> without a doubt, absolutely. we get to determine who comes into this country and the circumstances under which they come. that's why it is really important that we scrap this chain migration. we've seen now that not only is it bad for the economy, not only is it bad for workers, doesn't only depress wages, it also endangers our national security. we saw that on halloween. we saw that again yesterday. and we really need to do something about this. stuart: now, am i right in saying that an immigrant comes

to the united states, you become a citizen, okay, you got that. and then, you're allowed to bring in your parents. now your parents may be retirement age, and if you bring them in, they immediately qualify for social security, even though they have not paid into it. am i right there? >> look, stuart, you could well be right. i'm not entirely sure on that but certainly if we have a policy that is going to end that kind of stuff, would i hope the only kind of parents that would be able to come to the united states would be those that are financially independent, and can look after themselves and are not going to be a strain on the economy. stuart: am i right in saying the president wants a merit-based system, we say who we want and you qualify according to those criteria? that is what he wants, i think? >> of course. absolutely, i think the president wants people to come to the united states of america who are going to defend, accept and understand the virtues,

values and principles of the united states of america. i think he wants people in here that like the place. and, if we have a look, yesterday's event, and we hear this morning about what was reportedly told to investigators, about this particular fellow not liking christmas advertisements were in the port authority train station, if you have a problem with christmas, you don't have to practice it, you don't have to believe in the reason for the season. but you certainly, if you don't like christmas, you probably shouldn't be in the united states. stuart: i think that is a good way to put it, nick adams. you have a foreign accent, so am i. are you citizen yet or green card yet? >> i keep telling me, i aspire to be but unfortunately i've got a little bit of time to go for that. stuart: yes you do, young man. yes, you do. nick adams, good to see to see.

>> look forward to it. stuart: the market is up 102 points. the dow is 24,498 right now. it occurs to me tomorrow, we're likely to see the fed raise interest rates. market is up hundred. go figure. joining us live on the radio, brian kilmeade. let's talk about the president's relationship with the media. here is his tweet this morning, brian, i read it all the way through. very little discussion of all the purposely false or defamatory stories put out by major news media. major lies written, forced to be withdrawn after they are exposed, a stain on america. i'm in full agreement, brian, how about you? >> you know what it is? you know you're in a argument in a public place, you know you should calm down but you can't. both sides are so angry at each other. both sides have legitimate complaints about each other. it is at the point where they're

just throwing down every single day. you know who pays the price? us. stuart: yes. >> the president stop focused what he should be focusing on. the media is not focusing on reporting things from both sides. if you're stacking the show and you're not leading or having the second or third story about the economy, where it is heading, imminent tax plan, if you're talking about diet cokes, if you're talking about viewing habits, if you're talking about katy tur's gauntlet she through down, that is problem for consumer and the president. senator gillibrand went after her today after she went after him yesterday. i want to focus on a us as a country. stuart: this fired me up but i don't think it has been picked up elsewhere. that is the family of the new york bomber, the family of the bomber, they are outraged at their treatment by law enforcement. they have got a lawyer from cair

who says today we've seen our children as young as four years old, held out in the cold, detained as their parents are questioned. we're heartbroken at the behavior of law enforcement officials conducting the investigation. what is your response to that? >> not only do they not appreciate this country, and not, not making an effort to pursue the american dream, they sit there arrogantly, pompously, looking down in us, as if life was better in their native bangladesh would i like to on behalf of america, i'm sure there is flight leaving at some point to get you home where your four-year-old will be treated better and options will be greater. if that is your image of bangladesh or brooklyn if you prefer bangladesh we could make that happen. i'm sure the form is somewhere in that stack of scripts you have, stuart varney, for anyone not happy here to came through the country through chain migration. stuart: right. >> my only hope during this show we don't mirandize the bomber.

we need to get him out of the criminal court system. we need to get him into the internet. we need to get him in a brig in south carolina or gitmo in cuba to get had guy questioned. he went to bangladesh five times on seven years on cab salary. how do you drive a cab once in a while, afford to fly back and forth like that? when you have free time, make a bomb and walk to the subway on a monday afternoon, on a monday morning? to me there is more to it, then i got radicalized on youtube. stuart: kilmeade, open invitation. come and anchor this show any day you like, son. >> really? stuart: not really. live on the radio, kilmeade, you're all right. thanks for joining us. >> thank you. stuart: in the next hour, by the way, they're voting now in alabama. we have full coverage of that for you obviously coming up. i want to mention this one too. president trump wants to send

american astronauts back to the moon, maybe mars. tariq malik, managing editor at space.com. why now? >> stuart this, is the trump's administration first official policy what president trump wants nasa to do for american leadership in space. they had a national space council meeting in october. their recommendation was, we need to get back to the moon and use it as springboard to explore the solar system this directive makes that official by the president. nassda's new direction is go to the moon. stuart: it is official now? >> that's it. starting in 2019 we should see that reflected in nasa's budget. stuart: why don't we send robots? they can do just about anything that we can do, human beings, so why not send them. >> robots are capable, scientists said having people on the planet of moon and mars they can do something better. there is the national pride

aspect of doing that the president made the announcement 45 years after the last person walked on the moon, harrison schmidt, gene cernan, american astronauts. no one has gone back since. stuart: you have to have the human content. we're explorers. we're americans. we want to be out there. we want to do it ourselves. we're not a robot. >> that fires up both the future engineers the people that will really invest in the country. the president also says that they will not do it just with nasa. companies are going to play a role. stuart: that's right. private enterprise plays a role here. the rocket systems that, rocket systems, that is private enterprise. >> boeing building a launch system for nasa. blue origin and spacex building their own vehicles that nasa wants to perhaps lease or rent to fly people into space. you have other companies in the u.s. building habitats that people will need to live in.

so you have all the pieces being built by different companies that allows them to do things more affordable, more strategically across the agency. stuart: i think america lost enthusiasm going to the moon, exploring space. john kennedy fired us all up many years ago. i'm not sure we have the fire in the belly. >> that is another part of the policy, make sure that americans see that as a priority. there are other countries. china has made the moon a target. russia is talking about resuming manned flights to the moon in the future. they're targeting the 2030s. this new directive would hopefully get americans there before that. stuart: tariq, thank you for being with us. space.com guy. thank you very much, sir. appreciate it. next hour the alabama senate vote. we'll take you there -- doug jones has already voted. roy moore is about to vote. a defiant roy moore will ride on a horseback, ride on a horse i

should say to vote. we'll show it to you live. bitcoin, the first bitcoin billionaires, tyler and cameron winkelvoss, i got plenty of questions for them. specifically, when will they cash out? ♪ i don't want to sound paranoid, but d'ya think our recent online sales success seems a little... strange? na. ever since we switched to fedex ground business has been great. they're affordable and fast... maybe "too affordable and fast." what if... "people" aren't buying these books online, but "they" are buying them to protect their secrets?!?! hi bill. if that is your real name. it's william actually. hmph! affordable, fast fedex ground.

♪ ashley: well, in the last hour maria bartiromo reminisced about her time as the production assistant for stuart's show on cnn. roll tape. stuart: forgive me for asking, but as i recall, 1980 you were my intern at cnn. >> i was. i was your pa. come on. i was a production assistant for stuart on morning shows. that's right. stuart: those were the days. >> i remember one day walking in the elevator, we were about to go on air and you started practicing your voice. you were like oh! stuart: no, i wasn't. >> why are you singing? you were practicing your voice before you went on in the elevator. ashley: is that right? >> i was there holding the script waiting. you know.

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stuart: attorney general jeff sessions is now addressing the issue of chain migration. let's listen in please. >> more than were closed in the previous 22 years. by closing them basically legalized person coming into court because they were illegally in the country but under president trump we've already taken steps to bring down the backlog. we're completing, not closing, immigration cases.

under the trump administration, our immigration judges completed 20,000 more cases than in the previous year. we hired 50 immigration judges since january. we plan to hire another 60 in the next six months. last week i issued a member to executive office for immigration review that makes clear cases are to be resolved, either with a removal order or a grant of relief for the petitioner. appeals that are frivolous ought to be resolved quickly. fraud ought to be documented and prosecuted. and finally we will implement objective performance measures to insure our judges are working fairly and efficiently. the american people as well as those who come here, disrespect our laws can be certain about this we are enforcing the laws again as they were written. since president trump took office, border crossings and are now at the lowest level in 45

years. this is a big achievement. a lot of it just simply from the clarity of his leadership and expressions. but that number can be zero. we can bring it down further. we can end illegality in america. it is not impossible. it is also we got to ask congress for some help too. i know we have a few things we would like congress to consider. we'll be asking them to do so. we can't wait longer. as yesterday's new york events showed in the starkest terms the failures of our immigration system are also a national security issue. since 9/11 the department of just his has prosecuted more than 500 people for terrorism-related offenses and preliminary figures suggest that nearly 75% of those defendants

were foreign-born. the president is exactly right, to call attention to these issues, and to how they affect our security. in just the last two months, we have seen two terrorist attacks in new york city. carried out by men who were here as a result of failed immigration policies. the diversity lottery, which made no sense and has never made sense and chain migration. how did it happen? a individual won the lottery in bangladesh. he came here. he then through the chain migration process brought his sister. she brought her son, 20 years old. and he is the one that attempted to blow up the subway in new york. so this is the system that is operating today. between 2005 and 2016 we admitted 9.3 million people under this chain migration

policy and each of those people may be able to sponsor further relatives as well. it is not a sustainable, common sense policy so the president proposed ending chain migration, merit based system like they have in canada and australia. welcoming the best and brightest and turning away terrorist gang members and criminals. we should give priority to those likely to thrive here, such as those who speak english already, and highly skilled. not someone chosen at random or happens to be somebody's relative n short it means looking at factors that indicate the applicant's likelihood of a simulation and -- assimilation and success in the united states. let me be clear, ending illegal immigration is not hopeless.

it can be done. having a national legal immigration system, that serves the national interest, is not hopeless. we can do this. the department of justice, the department of homeland security, our partners in this effort. we are making progress. we will continue to make more progress. for the first time we have a president committed to this goal and talks about it boldly f we follow the policies laid out by president trump i believe we will finally have the immigration system that is lawful and the american people asked for. one that serves our national interests, one that the people of this country deserve. kirsten, great to be with you. congratulations on your appointment. stuart: attorney general of the united states, attorney general jeff sessions talking about chain migration. he says the president is going

to do something about it. we have another new high for the market. we're up almost 109, close to 24,500. let's get to what everybody is talking about. that would be, bitcoin. chair of the sec is warning against investing in it. 40% of the bitcoins are owned by 1000 people here. such are the insiders in the bitcoin game. look who is here? cameron and tyler winkelvoss, supposed billionaires in bitcoin. is that accurate. >> no comment. stuart: what do you mean by that? that is good start to the interview. what the sec chair is getting at is, look, a lot of guys with a lot of money on the inside of the bitcoin deal. they were first in. they may be selling just as the little guy, retailfy is coming

in. they get left holding the bag. what do you say to that? >> the idea that the little guys were the first ones into bitcoin. wall street is just starting to get involved. we just launched a futures, bitcoin futures contract with the cboe that is cash-settled, which makes it easier for wall street institutions to get in but i think -- stuart: easier for the little guy to get in and they're getting in. >> yeah, but i think the institutions have had trouble getting in since day one. when we first bought bitcoin there weren't regularly licensed exchanges. we changed that building gem any -- stuart: you're dancing around the issue here. you know what i'm talking b late to the gail is the little guy, the price is to the roof. are you selling? >> we lived through 20 bitcoin bubbles at this point ever since we've been in bitcoin five years ago it has been a bubble. it was a bubble at $100.

a bubble at 1000. a bubble at $15,000. we think gold has been a great bubble for 3,000 years. we still think it is really early. i don't think that the necessarily the price is going to retrace. it may. but we think at this point forward, 300 billion-dollar market cap, our thesis, bitcoin being gold 2.0 plays out, gold is a 6 trillion-dollar market cap. so it has a ways to go. stuart: is it correct, 1000 people, probably a lot of people know each other, one thousand people, own, control 40% of all the bitcoins, that accurate? >> i haven't seen that piece. stuart: you're nodding. >> very well may be overstated because they're looking at certain bitcoin addresses. an exchange might control a lost bitcoin but that is deposits from customers. look, everyone i know who is in bitcoin, starting five years ago, or even four years ago, they're the little guys. they're computer programmers.

they're geeks. they're average hobby its investors. actually the most democratic thing. it is for once, turned the paradigm on its head. wall street is late in the game and starting to get in. i don't know where you sort of came up with that fact but that is the coolest thing about bitcoin. you don't need to be accredited investor to go into vc firm to invest. you can buy bitcoin yourself. stuart: you guys are not selling? you made a ton of money but you're not selling? >> we're not. stuart: you're in for the long haul, no matter what, you're in it? >> yeah. stuart: this is not a bubble. this is not a bubble? >> this is the 20th bitcoin bubble. i remember it was a bubble at $50, $100, $500, 1000, 10,000. gold has been a bubble for thousands of years. gold is doing just fine. so, you know, we're in this for the long haul. we think bitcoin disrupts gold. we think it is gold 2.0. if we're right like cameron said earlier there could be 20, 30-x

appreciation from here. stuart: i got to go. we have a commercial break coming up. we have to make some money somehow or other. the winkelvoss twins. thanks for joining us. >> congratulations. stuart: there will be more "varney" after this.

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stuart: here's a story about outrage. this is what happened in new york city yesterday. 27-year-old muslim man went to the giant bus terminal known as the port authority 7:30 in the morning, rush hour. the place was packed. goes down the subway, wants to kill, looks around and sees christmas posters on the wall. christian symbols. detonate his bomb. the man is a total incompetent. the bomb only partially explodes. he's the only one seriously

injured. chaos. police warned area, shutting down a big chunk of new york city rush hour. some go to the bomber's home in the basement of his family home. some family members were separated from their parents or they could be questioned. taking out of high school class in question. here's where the outrage comes in. lawyers for the family say they are outraged and they will be taken out of the home in the cold. a teenage relative was questioned without a lawyer. we are heartbroken by the allegations being made against her family. i don't think i have anything to add to this except to ask just who exactly should be outraged when an islamic terrorists set off a bomb next to christian symbols to try to kill as many americans as possible. the third hour of "varney & company" is about to begin.

alabama senate can enable a more will be voting this hour. he and his wife planning on riding on horseback to the polling station. when he does not, you will see it. check the big word, up 111. now we're up on the left-hand side of your screen. the s&p 500 just had another all-time high. president trump is tweeting about the economy today. consumer confidence at an all-time high along with their record high stock market. unemployment at a 17 year low. make america great again working to pass massive tax cuts looking good. joining us now, peter kiernan, former goldman sachs partner in the great american no joke. also peter marie t. come economics professor at the

university. peter kiernan come into big events to mark of the president gives his final pitch on tax reform and the fed is expected to raise rates. why is that i'll post a 100? >> neither of those events where as a surprise. i think we can execute a big chunk of the market rate, particularly the dow to good old bowling. good earnings, lifted its dividend and announced a $10 million purchase. stuart: i'm sorry i read this pass. the fed raises rates tomorrow and they are likely to come in no impact on the stock market? >> zero. it's expected that it's expected to be a terribly high. their target long-term isn't terribly high. things look good for the market. stuart: we are very fast today. >> want me to talk some more? dream to know. bitcoin. wall street's top regulator, and warning investors against

bitcoin aired its burning with risk for the retail investor. peter kiernan, would you say? >> things are improving that the really to risk. bitcoin up over a thousand% this year, so it is clearly a risky asset class. it was down 30% over a matter of days. 30%. this is a risky asset. however, when you start to build and structural enhancements come like the ability to trade futures contracts that can go long and short, that helps. right now the construct to make the price go out. having people go short is a good thing. it means the price can go down. that's healthy. trade to peter morici, you put money into bitcoin is gambling money. would you say for the average investor, retail investor it's okay to put the money and if you can afford to lose it all? >> if you want to put money in and you can afford to lose that, fine. if i'd die in a lottery ticket.

my problem with bitcoin is there's nothing behind it. it is not the new gold. gold had cash from utilitarian purposes. you can make jewelry out of a come industrial purposes and so forth. the reason that gold fell out of style as a money was because the mining of gold could not keep up with the growth of commerce. it would lead to deflation. the 1870s, 80s, 90s. bitcoin will have announced that women on top of the fact is nothing it and has no purpose. it is not the new gold. it is a sad. the tulip bulbs without the flowers. stuart: got it. i want to go to big tech for a moment. morgan stanley says they are bullish on tech stocks like amazon and facebook for 2018. back to you, peter morici. you like both of those stocks for the next year. >> i do. what really bothers me about the market as we have been so, so

depending on high-technology and now the market growth has to broaden if the boom is going to continue. today's news very, very good. we need to have more from traditional companies. stuart: peter kiernan, facebook in the 170 area going up from here next year. >> admire both the stocks, owner of both those stocks, but i do agree with peter morici. this has been a growth stock market. if you look in history come in real returns for the longtime for the little guy come from value propositions and you can buy decent value stock with great earnings growth and great products, and that is where you make money long term. but the long-term greedy, not short-term greedy. trade you and and amazon? >> yes. trade union number show household stock earnings are up the second-highest level ever just behind the.com bubble years of the 1990s.

peter, i say this shows the stock holdings in the value of the trump rally is spread around more broadly in our society. >> so come you will hear studies that say this is a signal the market isn't going to do very well when the small individual shareholder owns most of his holdings in stocks that bad, i take a contrary view. i think it's great if you look over history, i've only been on wall st. 42 years, but over the history, people who have held stocks through good times and bad have prospered better than other asset classes. i love americans own stocks and etf's comics strange traded funds. stay with it. don't run it the next panic. hold through. it will come back for you. train to very reassuring. this is for you, peter morici. 74% of parents say they do help their adult children with their finances. that seems like an awfully high

number. three out of four? >> seems like a high number come with the world we live in. so many are saddled with debt. so many sheltered growing up from financial difficulties. i earn my own money. my kids really didn't. they work because we thought it was a good idea to get them to go to work. they didn't have to deal with scarcity the way we did and especially our parents did and that makes a difference. what it means that my son is a great lawyer. two years out of law school, great lawyer. in terms of dealing with personal finance, i don't know he's well prepared as a young lawyer doing mergers and acquisitions as i was as a young phd. by virtue of her childhood and adolescent experiences. very appropriate for parents to help as long as they are not trained relive their lives through their children and undo their mistakes because that's a mistake. stuart: times have changed, peter kiernan.

>> they always change. >> i want to come back in my next life as my kid. >> i want to be your kids, too, peter. >> i sense a real opportunity here. 25 years ago you could make it as a high school graduate. you cannot today. the kids have to go to college and many to graduate school and those costs are accelerating fire faster than the rate of inflation and therein lies the essence of debt. stuart: i want to say thank you to peter kiernan and morici. i do have another millennial story for you. more bad spelling their blood just to pay for bills. struggling millennial certain anywhere from 25 to $150 a week doing this. the fda considers it safe to donate plasma twice a week or month at the red cross recommends people only donate blood every 28 days. ashley: a lot of pale millennial's pale millennial south they appear to

stuart: if you use american express you have designed the receipt anymore. amex announced and will stop requiring signatures starting in april next year. the first to make this change worldwide, discoverer mastercard. they dropped the signature requirement in the u.s. and canada. coming up, iconic singer taylor dayne famous for her song, tell it to my heart is here in new york with me sharing her experience. she says she has been harassed since the beginning of her career in the 80s in every decade since. the clock ticking on tax reform. later this hour we'll head to the white house. the deputy assistant to the white house with us. jampacked ahead.

stuart: republican nebraska resigns over the support of roy moore. joyce inman says she disagrees with the position to back moore pictures out pay regardless of who wins in alabama, in my opinion, this is my opinion, the republican party has a problem on its hands regardless of who wins. monica crowley commencing a fellow at the london center for policy research. it's really more wins, he's hung around the republicans neck. if doug jones wins, it is one less republican pete in the senate. >> the republican party certainly in a box. roy moore may very well win today in which case the republican party is going to be on the defensive at least when it comes to his presence in the senate. we don't know what mitch mcconnell is going to do. they may haul him before the ethics committee. we don't even know what the

endgame is. but i think when voters in alabama today are making a political calculation, we all know politics is not peer. it's not black and white. and now people are superimposing different standards than i understand why. but they are making a calculation that they would prefer to have a flawed republican body than to have a democrat in narrow the margin. stuart: a political calculation. they'd rather have 52 seats in the united states senate than 51. the 52nd state has to be roy moore, that's the way it goes. >> we are an important cultural moment. i don't want to minimize the allegations that women across the board has made. on the other hand, i will say people out there in the country are smart and they've been through this drill before. democrats have a president who was alleged to have committed

rape and he was alleged to have committed obstruction of justice to cover all about a tiered people said the economy is good. we like this guy. we don't approve of his behavior but we are going to make the trade-off for the bigger picture. but on a smaller scale is what is going on. stuart: you're absolutely right. i went to bring you to the attention of the editorial come in the top of the hour. the parent of new york city terror suspects are outraged that their treatment by law enforcement officials. that in itself is outrageous. way again. >> course. keep in mind the relations gotten involved, and became their attorneys. that group is closely aligned with the muslim brotherhood. they have a completely different kind of agenda so oftentimes they will intervene on behalf of family members when alleged jihadi commits an act like this to try to put a spin on it.

most of the american people flat out reject. stuart: i would agree with that. we are outraged at the outrage of what they've been saying. >> if you don't want them to swoop down and arrest one of your family members come in the family member should not be committing acts of terror to kill innocent people. stuart: they are trying to question the parents separate from the kids to find out what's happening here. that's all that happened. because they didn't have a lawyer, they are outraged. .i'm kind of civil rights emergency. this is the routine that a lot of these groups do when they are acts of terror committed in the west. stuart: i'm glad we agree on this. i get to cross you. uber and lyft issuing refunds to passengers hit the search pricing during yesterday's terror attack in new york city. right after the blast, light after they were hit with various act of 2.5 times above normal rates.

both companies did say they refunded passengers who were charged at those rates. let's get to the wildfire still tearing through southern california. the fire itself is larger than new york city and boston combined. by the way, only 20% contained. we will have the latest very soon with the life report from the ground there. president trump laying out a plan to get the u.s. back to the man. american astronaut may be then going on to mars. the president vowing that the u.s. will remain a leader in space. former astronaut buzz aldrin was on the show earlier and current astronaut cady with enjoins the president. just see you in the background right there. ♪

train to congress the world's most eco-friendly cruise ship on track to set sail in 2020. the company in finland is building it for $500 million. it will be fueled by solar panels, wind power and liquefied natural gas. it is expected to produce 40%

less co2 emissions than a traditional crew showed. this is my favorite story of the year. a six-year-old boy is making millions of dollars just by playing with toys. his name is ryan and he has a youtube channel. "forbes" says ryan earned $11 million this year from ad revenue. he reviews toys and food, has 10 million subscribers in his videos have been viewed by more than 16 billion times. favorite story. liz: amazing. stuart: a private island off the coast of connecticut on the market for a million bucks. it has been the setting for a party thrown by marilyn monroe, barbra streisand paid island is home to 6000 square-foot manner, one-bedroom boathouse, and a maintenance shed. individual stocks, here we go.

unibody & co., that is europe, and the great divide, struthers westfield and $15 billion. the biggest property acquisition since 2013, declining stores sales pushing more operators together worldwide. they've got to merge. times are tough. comcast is no longer pursuing a deal to require several media and entertainment assets from 21st century fox. comcast up 2%. boeing hiked its quarterly dividend by 20%. they will pay you $1.71 per share. not 18 billion-dollar share buyback program. no wonder the stocks or record high. 289.95. carl icahn is going to launch a new fight with xerox had no impact on the stocks up 22 cents. amazon making headway in digital streaming music. now ranks number three behind codify and apple. amazon back $11.71.

we have news on the tax bill timeline. we will bring it to you shortly. check the market up 103. i am through. we are back in a second. ♪

stuart: alabama senate candidate worry more is voting this hour. units are planning on writing on the pathway they are on horseback to the station. the big board that the big arrow. 504. up 118 points. we do have an update on the timeline. they could be reconciled as early as today. vote could come next week. mark short, white house director of legislative affairs and assistant to the president.

vote early next week. your timeline is accurate the way we see it did make tremendous progress between the house and the senate. we hope to have a final deal in place real soon. we need to sign the report it will be drafting the final legislation and we hope to have votes in congress next week. stuart: i'd like to get this out widely. the idea you reconciled today or tomorrow, that is why we've got the dow industrials up 126-point, both 24,500. congratulations, sir. >> we are very close. but yes, there's been tremendous progress and we are excited they are on schedule that we want to get this done before the end of the year. stuart: our audience is made up

largely of investors and they want to hear about the top corporate tax rates. it is supposed to be 20%. we know that is what president trump wants. now here in maybe 22%. would you say about this? can you confirm one or the other? >> the president has been consistent when to keep it at 20%. thus that they are pushing for. if there's any changes or not, it depends on what you're getting in exchange for that. we are optimistic if anything pops that there will be others provided in the bill. trade you have to keep pumping up the market because we're 131 points, doing well so far. drink you are not pumping up the mic. stuart: here is one for you. the new york city terror suspect came to the u.s. through chain migration. the director of legislative affairs. when his president trump going to put a name to chain

migration. >> it's not just the most recent, but also the suspect from back in november who killed several innocent americans came through chain migration. this is a policy the president looked in. we know that there will likely be an effort to resolve the deferred action for childhood arrivals for early next year. this in a solution there is appropriate time for us to push the migration that time. stuart: but you do want to and chain migration. >> it's been a priority for the administration in sending the president campaigned on and we step forward earlier this year. it is one of the principles we asked congress to take care of. stuart: did a lot in this brief interview and you are to be congratulated. we do appreciate it. thanks very much. the dow is now up 135 points at 24,521.

i'm staying on the issue of chain migration and bring in judge andrew napolitano. i want an end to chain migration. i think it is bogus and wrong. >> suggest that your congressmen because it's up to them to make a change. right now it is lawful. we will define it as this. it is -- if a family members here, the potential immigrant moves up in mine. not an automatic but you move ahead of others online, giving points for the fact that you have a blood relative here. that is a congress wrote to the supreme court is three times that held it. can congress undo it? absolutely. congress could impose liberties at once. it remains to be seen. stuart: i could've come to this country, become a citizen and brought in matt alderwood parents would then be eligible for social security. i don't think that is right.

why should they be eligible? wait a minute. wait until i finish the question. [laughter] >> on a roll today. stuart: i am on a roll. foreign nationals admitted to the united states in 2013 as multi-permanent residence, two thirds were admitted on the basis of family ties, chain migration. that's not the way it's supposed to work. why can't we choose i want you, you and you. >> who chose do? look, congress raised these laws as a result of great compromises. the president may get rid of chain migration now in return for compromising something else because he needs 60 votes in the senate. it is hard to say whether these things are just a rather compromise made in 1925 is relevant in 2017.

that's the law as it is now. congress can change in the supreme court is wrote congress can change it. stuart: clearly at not working. peter cured and shaking her head. >> v. go back over the last 30 years, and you know how many millions of americans are billions and billions through chain migration. they did an incredibly thing. what is going to be your standard? are you going how data immigration picking out who the winners and losers are? why not somebody in the family say let's take a chain migration and reduce it. give it some brands. give it some thought. i'm all for that. makes no sense. it's how the vast majority of immigrants have come here on that system. stuart: get rid of it and put something in its place. we decide how many points you get to be an engineer or a computer side did we decide.

>> made that choice of the department of immigration. >> there were two horses i want to follow. >> i'm peter en masse. this is an emotional argument. legally the congress can write any lots want come and be mr. cohen and harsh as you want it to be. stuart: by the way, don duster up 142 points after fox business broke the news that the reconciliation house and senate is going very well. the party reckons that today or tomorrow they will vote early next week. dow up 143. next case, judge. >> .so we should have. stuart: you are losing your mojo. one of the president's lawyers says a special prosecutor should be appointed looking to the justice department and the fbi. this is because it was revealed that the wife of a denoted

department of justice official worked for the firm behind the anti-trump dossier. the judge assigned in disbelief. >> got demoted official had nothing what so ever to do with the independent counsels and that's edition of the president. now should this guy have revealed who was right? i don't know what the requirements are for revealing what a spouse did, but this has nothing whatsoever to do with the investigation of whether an american helped the russians attempt to influence the outcome of the election. stuart: there is a deep-seated conspiracy to go after president trump and install from august on stability hillary clinton. >> i agree with you. hopefully bob mueller will agree on that conspiracy. his job is either to approve it or dispel the allegations about whether to help the russians. i hope we get a conclusive response from him. investigating the investigators

is that nerd. stuart: i don't think so. there's something about today, investigated. they might go be no investigations should investigate the forces that move the market. stuart: will investigate until we find the truth. that the democrat line and i'm going to use it. we've turn into a spy versus spy mentality and it does trouble me. there's a lot of things that happen in the state department that deserve greater scrutiny. they have been done within dispensed been done within dispensed with if not a whole lot of sense diet. i think what we have a smaller as an expedition that is going wider and wider. we're a long way from collusion, looking for something. not sure what we are looking for but it does not feel like pollution. stuart: they are determined to find something else. liz: feels like an investigation. >> what did mike flynn trade for

reducing his prison exposure from 60 years to six months? something of value went to bob mueller. we should find out what that is. stuart: i think we are in agreement. partially. the dow was up 100 or before points. thank you very much indeed. coming up, iconic singer taylor dayne famous for her song tell it to my heart. i want to ask her, what is the appropriate punishment for sexual harassment. we will be right back. ♪ i can do more to lower my a1c. and i can do it with what's already within me. because my body can still make its own insulin. and once-weekly trulicity activates my body to release it. trulicity is not insulin.

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which may worsen kidney problems. i choose once-weekly trulicity to activate my within. if you need help lowering your a1c and blood sugar, activate your within. ask your doctor about once-weekly trulicity. stuart: it is happening now. in the distance there. behind the house at this moment. roy moore will emerge writing down the track on the way to the polling station. i promise, ladies and gentlemen he will emerge very shortly. not that one. i'm looking for a guy on a horse. spinning vigorously to find the man and his wife via source. i'm getting sea sick watching

this. liz: i needed dramamine right now. stuart: you will see roy moore and his wife writing to the polling station.

stuart: we promised it to you when we got it. ladies and gentlemen, we're in moore and fred, his wife kayla

behind, writing to the polling station, through the woods and there they go to the polling station. [laughter] moments ago, he is still writing. i don't think we will show you all the way through to where he dismounts. we've had enough of this because i am sea sick. okay, let's drop that. no more of that. drop it, please. thank you. matt lauer to sell its 9 million ranch in new zealand. why? may not be compliance. they are seeking additional information in the country with the sexual harassment allegations that forced him out in d.c. next case, celebrity chef mario batali stepping away from his

cooking show because of sexual harassment allegations. four women had accused him. he apologized and admitted to acting improperly. our next guest is iconic singer taylor dane. welcome to the program. good to have you with us. good to see you. i really want to ask you. i know you said look, you have been harassed, harassed almost throughout your career in music. >> absolutely. i am a one-man. i was a young girl going into an industry that was absolutely male dominated, but when we say harassment, there is a rail line between assault and harassment. i want to be clear on that, but as a young girl, verbal abuse, all these things that lead to less women in general, demeanor. we fall in the shadows. tranter do understand entirely. i do. my question is what is the appropriate punishment for someone accused of sexual

harassment? mario batali come a great figure in the new york restaurant scene. i'm sure you've eaten at its restaurants. he acted inappropriately some years ago. he's apologized for it, but he's gone. is that right? he should be gone come he can't cook any longer. >> this is so topical i have to say does not deserve to be each situation has its own merit. each situation must be measured accordingly. i do understand it. there were some heavy things going on. this is going to come out like you can imagine. i'm sure you feel it topical, but as women in industry, they haven't even touched, nothing has been scratched. never mind other artists, but female, male, women not notoriously in positions of power that were actually told -- i was told i look like a whore

in this video by heads of labels. that's content needs to be more or you need to lose weight. is that bullying, harassment, and where do you want to go? tree into if someone said that to you, when someone said that to you, manager of her record label or another singer, said that to you, hurt you, i got it. >> it was personal. stuart: should that person be banned from the music industry, they can't sing again? >> where is the power? power in the people, our voices? as you can see, we can share through how we are that is why everybody has more of a voice. it's more believable. you believe five women are accusing mario for misconduct. he's agreed to it, accepting responsibility. i don't know what to say. i was in the room. if i was in the room i can tell you the story. i was in the room i can tell you

the story. i was called names. it was definitely i was depressed as an artist. my finances, we talked about this when i was here last time. financially i'm a far more strong businesswoman, but you're taking 20 roll people. no h.r. department in the music industry, film and television practices did nobody defending you other then you can talk about, but it's very different out there. tree into your book is called how i lost my -- conquered my fear and found my voice. stuart: this is what it's all about. it's all about your career in music and what happened to you vis-à-vis sexual harassment. a big part of the book. >> look at my ted talks from last year. you see me talking about my father, the first male experience of my life and how that made me need to leave my home and need to have a voice somehow someway.

i love my father, but there is dynamics everyone feels. stuart: what a story. i'll read the book if you give me a free copy. >> not a problem. absolutely. stuart: i'm a nice guy. trade >> everything free. he's the nicest guy. stuart: taylor dayne, your iconic and that is the truth. we thank you for being here. i want to alert about apple. i don't suppose you remember, that 37 years ago today it went public. by the way, if you put a thousand bucks into apple 37 years ago today, the $1000 today would be worth $411,000. that would be including dividends. i missed it, by the way. we have this for you. the dallas police department has a shortage of officers could the police chief says no one else are blame for that.

we'll explain it all after this. ♪ [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock.

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stuart: just a few moments ago were telling you about the dallas place department. valenti also partly to blame. chief rené hall says, and i'm quoting now, we have nights, weekends and holidays. not attractive to millennial to want all day soft and to be the chief of police in six months. that was good. dallas needs 250 officers pronto. let's go to california in the wildfires now have a tally of 1000 buildings destroyed in the fire is just 20% contained. adam housley live in santa barbara county with the latest. put your mask on, what have you got for us? >> people are wearing these things are not colored down. everyone wears them because the smoke is just sick. it is basically raining or snowing ash around here. a couple of months ago towards the end when they are just

chewing up the last part of the landscape and dropped the water on them. the ash in the air is just brutal air quality. firefighters making some significant headway. within 230,000 acres destroyed by the thomas fire which is the last active fire this tape right now. damaged nearly 200 others and their 6000 fire personnel on this fire. you can't see it behind me. today is really seen a ton of hand crews that are run good behavior. they go underground and your shovel and rates and chainsaws and cut the fire line and make sure anything smoldering is being put out. we have heard some helicopters flying again today. they've got plans in here, for c-130 drops that also took place late in the day yesterday.

firefighters cautiously optimistic. still very dry here. right now there is still officially several thousand people evacuated from their homes although they are starting to let people back in now. good news, bad news is there's no cure for a few days. stuart: i can really understand not. looks bad indeed. thank you, atom. one nba star went to great lengths. a five-game road trip coming up. didn't want to leave his cat alone at home. a private car service to take the cap from l.a. to his moms house in fresno. that is a four hour drive. no word on how much it cost, the lopez mom says her son's there is no expense when it comes to his cat. still a solid gain for the dow up 131 points. what a day. back in a moment.

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stuart: folks business made news this morning. it helped the market. we reported hour ago, reconciliation process, getting together today and tomorrow, vote early next week. investors love it. we're up 136 points. my favorite story? 6-year-old boy, making $11 million this year. place with toys on his youtube channel. how does he get a million? >> selina gomez has 130 instagram followers. this boy has 10 million viewers and watches. >> advertisers want that access.

stuart: watching him messing around with toys and food. >> can do it in your van live stream it. stuart: on that note, we're done. neil cavuto, it is yours. neil: so tempted to come in and start the show riding on a horse. couldn't find a horse to volunteer. here i am. stuart: my seasickness, i'm telling you man. neil: thank you very, very much, very entertaining three hours. we'll tray to follow up what is going on in alabama and markets and terror front. all this could have been very, very difficult had things been very, very different yesterday. new york attorney, would announce u.s. terrorism chars. here are some of the chars. providing terrorist support to terrorist organization. place of public use, destruction of property by an explosive