: big thank you to aaron, brient and great to spend this good friday with you. stuart varney now cancer, coffee, go. >> good morning dagen good morning everyone. the market is closed. we are live because there is big news and it's about your money. start with this. headline, in "the wall street journal," wal-mart in early stage acquisition talks with humana can you say amazon effect yes you can. if eventually gets together with a health insurer it would have a one stop health care operation. it would rival amazon's get together with warren buffett and jamie 2k50eu78d that got the ball rolling. a wal-mart humana deal would keep it going. next case, tesla, a massive recall 123,000 model s top of the line vehicles bolt could

corrode and lead to a power steering failure after week of bad news, tesla chose to release this news after the market closed yesterday. watch that stock monday. it's already beaten down badly. facebook more bad news there. a 2,016 memo suggest wants greet at expense of user safety bad news released when market had no time to react. and again, this follows a week of negatives. one more for you. armor announces data breach in the app. information on 150 million people hacked. there is no such thing as a slow news day. we're always here to cover it for you. "varney & company" is about to begin.

>> sir you do that markets are closed but yes we are on. they are not. "varney & company" owned for business. next case. wal-mart in early talks about merging with humana. joining us now capitalist hedge fund manager jonathan. all right jonathon if this what is if it comes across if it whats what's the impact? >> this is transformative stuart i'm glad we're open because what you're seeing wal-mart is scrambling. who would have thought this was once the monopoly to e keep up with amazon and customer is the beneficiary of all of this we're going to see more --

not only efficiency but lower prices if government allows this to happen. as i said we're going to see health care completely transformed if guys like jeff and the like are able to do it. so their big question here is not are we going to see mergers like this occur but antitrust department going to let them occur because ultimately it could be a.m. l dison buying hospitals, it could be wal-mart buying -- pharmaceutical companies, health cares as we know it will change and see health care stocks their real beneficiaries. >> soup to nuts a one stop health care operation and you're saying yeah that's how it's going to be. i mean, this is -- these kind of mergers are probably going to take place transforming reare tail, health care, health insurers, whole bowl of wax. >> only reason they haven't up to this point stuart is because of the regulatory. you know health care is one of the regulated elements of the economy. so we've already seen mernger situations like this occurring

it in media for example. you're going to see them in health care if the antitrust department if regulators are allow them to ham and again consumers are see effect here like we can't imagine you know, buying newspaper as we once would health care will change if the the markets allowed to function freely. >> jonathon i have ashley here he has a comment. >> wal-mart was always place where you can get a raincoat, bowling bowl side of ham now you can order a new vehicle and get a which canup of the dock all under one roof are. >> market bowl too. insurance too. well -- jonathan you stay there please i have more few you in a moment. hillary clinton back in the news. responding to critics some of whom had told her to shut up after losing election. roll tape. >> i was really struck by -- how people said that to me mostly people in the prez for whatever reason. like, oh, you know, go away, go

away and i had a -- one of the young people who works for me go back and do a bit of research they never said that to any man who was not elected. joining me now is editor in chief nick johnson why is she doing this and more to the point nick why does she keep doing? 18 month officer he lost? >> well stuart she keeps getting on television so she must be doing something right. i think what's happening here is there's half of the country that voted for hillary clinton that want her to be president and pack events and another that didn't vote for her is happy that trump is -- and tweets on facebook and talk about hillary clinton she's a very polarizing engaging figure and so as long as she's out there giving speeches which every former candidate will get people rile ared up on both sides of the aisle. pfnlg now, that interview at rutgers university in new jersey -- she also said that she lost because she was up against big money. and she lost because the voting

rights act having gutted and some people were turned away at the polls. what do you make of those two itemses? >>i don't have data to unpack tt but she said a lot of things i think that have gotten her in a little bit of trouble there with a speech in india she talked about how she was a candidate of optimism and president trump was the opposite. i think again like hillary clinton for the last probably 20 or 30 years has been a very polarizing figure i'm to right and left. >> do you think she harbors the idea that she might run again or. other office but stay in makes and run for some lx? >> we haven't interviewed her or spoken to her so i don't know what she's thinking and i don't know if she's interested in getting become in the arena again. and happy giving speeches but a lot of democrats want her to go because republicans use her and certainly mr. trump will use her as a very convenient opponent. >> no, that's true that's a great point to make looking at the midterm how republicans use polarizing democrats like hillary clinton in especially

nancy pelosi. look at republicans who have and who make democrats then conservative districts run against nancy pelosi i'm sure absolutely 100% hillary clinton will be showing up in ads as well. >> how about that nick johnson you have excellent sources that's why you're on this program. thank you see you again. >> thank you. tesla -- big news. recalling 123 model s cars for possible power steeling failure. jonathan back with us please after the market closed yesterday comes this news about the recall. this is bad stuff. >> yeah, this is -- serious and it's not just tesla here. what we could be seeing unraveling of all of these unicorn. these are the growth stocks these are companieses that really led the averages higher that tesla and amazon, facebook, it was another terrible week for facebook as well. and you know it's not just tesla stock that's getting a test here but bonds now are yielding higher than the ukraine.

yielding higher, i mean, 7, 8% even 9 pblght in some cases here so seeing a lot of fuel when it comes to tesla and growth oriented stocks you know it hasn't been mentioned much but bitcoin is down 30, 40% in just last couple of weeks so what we're seeing here is just -- risk pulled back from a lot of names that have led the market higher so -- it one is going to lead stocks high per now it's not going to be tesla of the world. i think that's why a lot of investors despite a great comeback for the dow are sitting on their hands this week. flght let me focus on tesla for a second. we told our viewers yesterday that -- a prominent hedge fund manager talked about impending collapse of tesla within a few months. when i minced that on the air, our market watchers said yeah that is talk of wall street. is it that bad? >> well, you never say never. who would have thought you know -- in 2007 that stockses like you know washington mutual major banks could have gone to a dollar a share. i mean, i don't like to be a

cassandra but tesla stock is weak although down 30% it has a long way to fall. this is a $250 stock that was a $50 stock just a couple of years ago. so until we start to see some price action, i'm -- and air to say don't buy the dip in tesla. >> i'm glad we're on the air or because there's a lot of news and it really is dramatic stuff an glad you're here to -- >> see stocks move. you're seeing stocks move despite it. >> thanks for being with us. appreciate it. here's another one underarmor reporting data breach affecting i can't believe this number 150 people million. >> this is remarkably popular health track your activity and amount of calories you take in and amount you burn. apparently last month in february -- this particular app my fitness pal was hacked. what did it expose? well it exposed the e-mail address, user names and what they call hatched pass words

they did get to passwords but hash that make it is harder to break don but we should point out that hackers weren't able to get social security numbers, drivers licenses, or credit cards now learned about this on march 25th recently they don't know who is behind it but best advice is get in immediately if you have the app up, and change your passwords right away. >> story here is liability. >> absolutely. if you lost my information who pays? >> again any time you put your information in the giant -- world of the internet, with there's a chance that you could share it with someone you don't want. >> i sense that regulation are is upon it. all right ash more drama at facebook same story really. top executive memo leak admits strategy to grow at all costs may be dangerous. the memo say it is may even lead to murder or terror attack damming stuff. we'll show it to you. california story of the day yes, judge in louisiana ruling that coffee shops will now have gley warning signing tells customers

they product that would be coffee -- might cause cancer. pope francis making waves during holy week with or at least reportedly so -- vatican reporter says pope told him that there is no hell. we'll check the source. father jonathan morris coming up on that.

[laughter] iphone 10's successor is report think going to cost less. how much less? >> you get a love this 899 that's about 101 dollars less. the reason o.c. behind it is that the launch of the iphone x10 whatever you want to call it launch for apple has been disappoint ofpointing is it a bo far. cost too much for what you're getting i think the problem is that what we've seen over the last year or two is a more and more people are hanging on to their iphones i think the average is four years now. so you really have to persuade that person that new phone and you're going to pay a thousand

or for it has to be great. problem is they don't think upgrades are worth the thousand dollars so they offer a cheaper version at 899 but you're not going to get top level screen the oled screen but the lcd. when they waiver on the price -- yep. that makes me think that price is going to -- profit margins will will come. apple ecosystem will come because we love apple but may have reached a tipping point on that. >> i love apple but i won't -- [laughter] >>awe, now this one i want to dl request this. prop reportedly calling into question the xyst answer of hell. joining us now father jonathon morris. okay, i you to detail the source of this. >> bad news. bad news. hell still exist. that's bad news. >> you're looking at me when you say that. >> have a nice day sir. go ahead. who said this did they interview with the pope? >> i think it is good to claire

vatican said this story was a reconstruction in this journalist mind. and how could that be? well -- had is a journalist who has done es with the pope before and said publicly e he does not use recording device and he does not take note. is that considered an interview so i don't know why he continues to do interviews with this man except the fact they're friends this man is an atheist, obviously, pope francis is interested in helping him along. and maybe it's this. let me tell you here's a question for you i'm not supposed to be asking. do you believe that god froze people into hell? >> no don't. hell is according to christian theology and teaching of pope francis is church is we choose not to be with god forever and that's called sin. but god doesn't send anybody as punishment to hell. we say i don't want the love of

god. i refuse forgiveness, i do not want god's mercy in my life and that is a choice. that is logical because you can't force love and therefore logically not only in dog but logically there has to be a hell. >> i was giving the rendition of -- >> not even they believe that god throws people into hell. >> not even -- >> i'm saying you're using it as execution you're episcopalian. wrong on a lot of things. but why is good friday called good friday? when it is the day when jesus christ our savior was crucified? >> i think for me best explanation of why it is good is -- ancient hem that says -- latin means oh happy fall. that has gained for us oh happy fault meaning sin gain for us so great a savior. good friday is good because

christ by laying down his life according to christian belief, has taken our place and has given us the possibility for life eternal. even though we're a mess. >> okay. >> one more. why do we have easter eggs? as a form of celebration? eggs -- >> rabbits don't lay eggs -- that -- would only be discussed when market is closed. [laughter] >> why eggs? >> an egg is sign of new life. okay new life. new life and easter is new life. >> you know i think this is a kaition father when you have the better of me. >> i thought -- i thought rabbits laid eggs so -- i'm one who loses this segment. that's for sure. you're always welcome on the program especially on this good friday. >> how do eggs come about if rabbits don't lay eggs? really i do not know. you should know. you should know. we should know it is pretty basic. all right father.

time is up. good-bye. see you later. >> thank you very much. i love this one -- roseanne coor star, sandra blasting women who voted for trump. she says they can't think for themselves. i promise you you will hear that. and i was shocked to hear this one. the creators of south park and a parker publicly admitting they are republicans they came out as republicans. what? will they ever work again? we have varney after this.

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>> actress and costar of roseanne sandra byrneheart blasting trump supporters. >> given in gotten married. raised their kids, and not had the -- the luxury of being able to think for themselves. don't know where it comes from. i think it's a couple of issues. it's been either under the thumb of your husband, or it's -- it's or for the election it was being so offended by hillary clinton and bill clinton's legacy that you turned on her or feeling inadequate feels like

how can somebody be so educated and i think that's threatening to a lot of women. >> what? urd ashley pay attention reading quotes from what else she said. you know basically that -- the reason that women may have voted for donald trump was because they were intimidated by hillary clinton's intelligence and the fact that they're under thumb of their husband. i mean, how offensive is that to women who freely vote whoever they want and that is the explanation. you know, roseanne by the way she has not appeared appeared it of roseanne -- but you know, what roseanne said it was important for her to be a trump support or in this program and it is realistic i portray american people in working class people it was the working class people that elected trump. >> let's couple the success of roseanne's reboot 18 million viewers -- >> incredible.

creator of south park come out as republicans. so my question to you is -- ash, is there maybe a little bit of a cultural shift here? because if you can make a lot of money, out of being quite friendly to president trump, maybe more tv shows and even movies might do that. >> in the case of south park what made this more shocking to most people is that they skew donald trump many, many -- in their program they have him being killed and becoming president of canada causing all canadian wheres to flee across border into america. and you know look they have not been kind to donald trump maybe across the line. however, in reality, when they got the award from the left leaning organization -- they revealed they were republicans probably could have heard a pin drop it shall anything to be there for that. changing culture i don't think we can go that or far yet. >> all right ash. a top facebook executive admitting in a leaked memo that his product might lead to murders even terror attacks we will show you that memo after

this.

>> facebook, in a leaked memo the company's vice president and andrew revealing an ugly side of the company saying in part and i'm quoting now, so we connect

more people that can be bad if it -- if they make it a negative. maybe it cost someone a life by exposing someone to bullies. maybe someone dies in a terrorist attack, coordinated on our tools. well he's releasing statement on that memo which wases from 2016 released this, this morning. i don't agree with with the post today and i didn't agree with it even when i wrote it and purpose like post and many i have written internally was to bring surface or i felt her discussion with with brorder company. capital e wave shaw is with us now. no matter how you slice it shaw, this looks to me like bad news for the stock closed today but opens on monday. bad news? >> bad news. first of all good friday morning to you stuart. it is bad news for facebook. this memo is ridiculous in a lot of levels we don't have full i don't know if there's much to it so context may be an issue hen and leave it is up for interpretation i read this as

the saying -- this is the business we're with in. connecting people is mining doesn't matter what happens we have to continue doing what we do had is gather revenue so i have an issue with that. walking it back the way he did was beyond to me saying that he didn't -- agree with it at the time he wrote it. i don't understand what that means but speaks to leveling of immaturity of facebook management ting that's going to continue to be a problem for facebook. >> well the memo was leaked perhaps that indicates a degree of internal opposition. but i don't know that for a fact. but shaw, once we got you here i want to tack to you about wal-mart headline in the journal to buy humana i think that's a huge deal. what impact on the overall health care industry if it went through? >> well, first of all the talks are supposedly preliminary if it goes through it will be a monstrous deal to change face of

health care in the united states. i think part of this again is the everything in the united states. but amazon you know connecting with brook shire and with jpmorgan chase is forced wal-mart hand here so this is not going to be only place to consolidate to take retail and the traffic that they have there and add insurance and health care products and a services. this is just a nature of where are we're going with health care and a sign of it's a good, positive for consumers. i hope it happens. >> i don't to pound this too much. but it seems to me like we're in the process of creating soup to nuts. one stop shopping for all your health care needs it. all the way from your prescription drugs to retail level to insurance et cetera, et cetera. that's what we seem to be doing. >> that's exactly what we're trying to do. and companies are trying to do. but no, this speaks to new issues and now we're looking at facebook in terms of daily leaking looking in terms of data mining these companies have a wal-mart like a retail especially a retail with all services that offer. now getting into the health

insurance business with all of the hipaa compliance rules all of the things that are to that. we have lots of data issues here so facebook is actually trying to shine a light on merger like this or possible merger like this. >> i want to give you cue to us, that is praise -- disangtly if you like -- you call this market to go up all the way from the election of donald trump all the way through till early january. then you turn cautious. now we find that that first quarter january, february, march, was worst quarter in two and a half years. you called it correctly. okay, well done. now what about the next quarter and the quarter after that? [laughter] >> well i'll take the next quarter. second quarter i think is going to start off slowly in terms of the market and going to wait for earnings to cool out because there's nothing to hold on and politically motivated in terms of decisions there and lack of decision. geopolitical issues and now we have technology stocks under pressure so that's the market focused on that. the bilge big jumple was partly

end of the quarter window address and managers want to get into these stocks especially if market moves ford in the second quarter but kind of a lackluster be tbing to the quarter. i think nonetheless no matter what happens -- you can guarantee it's going to be volatile. >> yeah. okay do question end the year higher than we are now. >> end a year higher. that doesn't discount possibility of a steep correction are along the way. but at the end of the year we end up higher. >> shaw, star performer thanks for joining us again. appreciate it, sir. >> sure. president trump i have to call it a campaign style speech and he made it yesterday yesterday in ohio it really was. roll tape. if our party if we all together if we didn't win, this economy would be a wreck. even look at rose disain called her yesterday. look at her ratings -- look at her ratings. we need walls. we started building our qawl i'm so proud of it.

and we've already started you saw the pictures yesterday. i said what a thing of beauty and on september 28th we go further. and we get in that and you think that's easy. offscript. yeah. great trump unleashed a lot of people like that. now this, a new poll suggest more than half of the country thinks the president will lose in 2020. okay, 54% he would lose in 2020. joining us now former deputy assistant the president gwb brad blake man. now you have a big smile on your face. but i look, i liked trump unleashed. i liked that campaign style stuff. but do you think he can win with in 2020? given that poll? >> i do. because he's -- results were in person. and we've or already had tremendous results and full employment no inflation, we've repateuated money to tune of trillions of dollars look this guy -- is rhetoric matches his actions. and those people who are the

same people who counted him out against 16 republicans, politicians in 2016 i would not bet against donald trump. we should point out that the president went out of his way yesterday to talk up and talk about his track record on the economy. he said look, we produced 3 million new jobs since the election. the number of jobless claimses is at a 45-year low. what he didn't say but which i shall say is that it there's a record number of job openings. open as we speak. if the president runs on his track record on the economy -- seems to me he's got a strong suit right there. >> that's it and most elections turn it on the economy. people walk into the booth and say am i better off today than i was yesterday? do i believe that the economy is going to get better? do i have hope for the future? and that's house they make their decisions so all who say trump is a one termer -- based on what you just --

aspouseed fact, with reality, data -- our economy could not be doing better under donald trump. things that he promised back in 2016 he's delivering in 2018. >> going to run against nancy pelosi in hillary clinton -- is he? >> i hope so. [laughter] look -- let's hope that nancy pelosi continues to be the minority leader of the house. and that is the poster child that person who represents their party. >> got it brad blake man thanks for joining us sir on this good friday we appreciate you sir. happy easter. >> happy easter now here's the president on -- trade schools -- roll tape. >> asking congress to improve federal student aid to include high quality, short-term trending programs that equip americans to succeed in construction and the skilled trade. a word that you don't hear much but when i was growing up we have what was called vocational schools they weren't called community colleges because i don't know what that means a

community college. we want every american to know the dignity of work the pride of a paycheck and the satisfaction of the job well done. >> all right turning point now bringing on -- please turning point usa founder charlie is with us. all right charlie, i for the last generation maybe even two generations in america, seems to be a belief that everybody must go to an academic college. i always disputed that. i think trade schools are a wonderful idea. bring them back. what say you? >> i totally agree and this fulfills another campaign promise for the president. the national graduation rate from four-year colleges 59% that means 41% of young people that go to college will not graduate. look in my own personal opinion we need less gender study and a philosopher and carpenter and welder and electrician and entrepreneur, middle class that built this country they need to get become to vocational school and community college and nots everyone needs to go to a four-year college to succeed

that is backbone america but unfortunately there's a stigma to look down on people who don't get a four-year degree we heed to ask our high school seniors why are you going to college? not where are you going to college? there's a big difference there. >> i think you put your finger on an important point. the elite look down. cultural jrnl shaped by elite look down on people who work with their hands. stilled people, working with their hands. we with look down on them. i hope those days are going to come to an end. >> they need to and some of the smartest wisest and best people i've ever come in contact with barely were able to graduate high school and some of the most out of touch -- immoral people that i've ever met are ones with doctorates from harvard princeton yale so culture need to reevaluate whether we look at the person and productivity and not just the degree or certificates from some elite college and you look at what really built this country it's the middle class americans that work with their hands they get up early, stay late, that's the bed rock of

what elected donald trump. those with the trigs, welder and entrepreneurs less people studying north american migratory bird studies and learning something that is going to be able to have them gain employment and then satisfaction of a paycheck as president articulated. >> 20 seconds score the president performance yesterday in ohio. one to ten -- >> i would say it's a ten he was back in campaign mode. i love the fact that he's enthusiastic talking about all of the different issues i would be worried about his capacity to campaign relepghtlessly. i call him the intruckable president no matter he survives in a strong afterwards. future president thanks for joining us as always. >> as time i say that one of the days i'll be right. hope i live to see it. you bet. >> this astonishing thing here from the ceo of toyota -- he said -- did that deadly über self-driving crash will not be the last time an autonomist car

kills someone. he says there's likely to bees of deaths from self-driving cars before we get it right. we'll have details on that one for you coming up and trump wants to crack down on grants who come to the country and live on taxpayers dime if you're getting welfare from the government can be chances are you're not getting permanent status. well varney after this.

>> the ceo of toyota north america has a warning about self-driving cars. all right ash hold on. what did he say? >> quite shocking really bissed on what we know happened in arizona recently when -- a pedestrian was killed by a self-driving vehicle. it's interesting yes the ceo of toyota north america jim is his name he says -- a hundred, 500 or a thousand people he believes could lose their lives in accidents like the one that we've seen in arizona. he says it's shocking it will

slow down the adoption of self-driving vehicles. but he says ultimately he believes that these vehicles will save 35,000 lives a year which would be 98% of deadly crashes that are blamed on driver error currently so -- a lot more pain he believes. but ultimately it will save many, many more lives. >> i see the man's point but that's a brave almost a dangerous thing to say. if you're running huge car company. >> i would say so it seems almost very cold to say he can come up to 1,000 poem but ultimately save lives. >> maybe he's just being flat out honest. >> yeah, i think he is. save lives but some will be lost. >> be a lot of pain before we bet to where we want to be. >> that's a fair point to make i have to say. now where are we now? i think we have nick coming up with us? >> the washington post says -- the president wants to deny citizenship to immigrants who collect government benefits. come on in, nick adams he's the author of the booklet me get this right.

the case against the establishment l, the is nick adams now, okay here's the way "the washington post" put it. if you're here legally, and you want to stay permanently, when you go to your immigration caseworker -- that caseworker will say have you been accepting welfare and if you say yes, you probably don't get term nangt status. i okay with that. are you? i think it's a fair question to be asked and we want people coming to united states who are going to come to make not take to give -- not receive. we want people coming here for the american dream not the american handout. so i think that's a very, very, very good approach to have when judging people for citizenship. >> now, the critics say look you go back a few years. and our great grandparents came here, and they were made to feel welcome whether they were no matter who they were and donald

trump made to feel welcome. that's changed hasn't it? and america has been about coming with nothing and making absolutely everything. i mean that's been the historic way that things have happened. but we have to adjust for new times and a reality today. and that reality unfortunately is a lot of people are seeing america as an opportunity to come and milk. and get as much that they possibly can for as little as they can possibly offer and that's something to rectify urgently. >> comment on this statement. you cannot have open borders with a welfare state. you can't have it. it will not work and not sustainable. don't do it. that's a comment i often hear. your comment? >> absolutely. stuart yeah we shouldn't have open borders full stop but particularly definitely no hope in borders when the people that are coming are going to be a

drain on our system. we need to put americans first we need to put legal immigrants first. who haven't just come here to kind of milk the system. so -- without a shadow of a doubt we don't want open borders particularly if people are are going to come here and not contribute to society. >> okay. now what you want is a point system. you know, so that we get the people that we want to have coming in. i'll ask you honestly, nick -- u would you and i have gotten here if there was a point system back in the day when we came? >> i definitely think so stuart for myself i'm not sure about you -- [laughter] but -- no. now look i think very much so. i think stuart varney and nick adams qowld always have made it in that system. because we are -- gentleman come to the united states of america to contribute. we've with come to excel. we've come to live out our dream and come to work hard.

we've really come to make a -- have a measurable impact on the nation. and certainly in my case i think i'm doing that. >> you are not yet a citizen, is that correct? >> no i'm running witness stand you unfortunately stuart. >> you can catch up son don't worry it be. >> much to -- >> nick adams you're all right see you again soon and happy easter to you, lad. mings always a pleasure easter stuart. >> mcdonald's siting tax bill floons pump more cash into its tuition benefits program. how much? j going to triple it. this is interesting right now, for crew members working in mcdonald's, they were getting 700 dollars towards tuition that now goes to 2,500. if you were a -- restaurant manager you were getting 1,000 now you get 3,000 which i think is terrific. and -- that is former bonus isn't it? >> tax cuts bonus. exactly. a very good thing too. all right big changes could be

coming to army's basic training program. we'll tell you what they are. and the big corporate story of the day and it is big. wal-mart reportedly in very early talks to divide health insurer humana more one stop shopping for your health care and more varney after this. ♪ with expedia you could book a flight, hotel, car and activity all in one place. ♪ we're on the move. hey rick, all good? oh yeah, we're good. we're good. terminix. defenders of home.

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>> big changes coming for the army's basic training program how big? >> well if you thought basic training was tough now hang on it turns out military says that the new recruits these days lacking in physical fitness and glin and they want to change that. they want to add two weeks to the ten week basic training program. they say that days of pushups situp and two mile run and that's what you have to do long gone. they say that is not a test of fitness so they have more on drills more on inspections and a lot more on physical fitness and they want to introduce a six event test to pass to show that you are combat ready. so -- if you're going sign up any soon be prepared. >> be prepared. okay. let's get to the big corporate story of the day which wal-mart looking to buy humana this is a

big deal indeed joining us now board certified mike. dr. mike welcome to the program. >> thank you so much. appreciate it. >> i see this as a mo towards one stop soup to nut shopping. which should, i think, lowers prices and make for more efficient delivery system as a doctor what say you? >> we always love hearing the promise that we're going to get decrease costs and increase quality. and in reality when we've seen these past mergers happen we've seen increase cost without with an increase in quality. so it's scary right? past antitrust laws prevented what we call horizontal consolidation within the industry meaning an insurance company merging with an insurance company. so these companies have done this and said we'll do vertical consolidation and insurance company will merge with a pharmacy company and overlap with these companies that it makes for a or very convoluted picture and explain this way when a patient needs medication there are three different type

of companies the pharmaceutical company and pharmacy company and insurer that pay percent it so humana and any one of those. and lesser known are pbm benefit managers and middle men that negotiate the prices with a farm pharmaceutical company to save us money and insurance and patients money. so in reality what started to happen is three major pbms have come from this making 200, 300 billion dollars by taking some of this money that they make in savings from the pharmaceutical companies and taking it for thelses. and they do it in very shady way. they're not transparent we don't know how they're making money and that's because that should be for patients not for private corporations. well we think we understand your opinion there. doctor you really don't like this. how skeptic i think they should be healthy skeptic that's part of what i do because i'm basically a representative from my patient.

>> fair enough you make a good case there. a vaccine for cancer successful in mice now going to human trials what make of this? >> exciting but we need to understand that this is a test done on animals and we cure cancer many mice before and hasn't translated to human success. what is exciting about had is that this is field of therapy where we use bodies own body own body defense its and immune system to recognize and attack the cancer cells. that's very exciting and holdings a lot of promise. but right now it is early. they've just started the phase one trial which is those test it if it works but only safety. >> skeptical doctor with us this morning. [laughter] thanks for being with us. appreciate that. good input we appreciate it. there will be more varney after this.

: . . . . .

why did hillary clinton lose west mark week campaign, and

must candles, no compelling message? all of the above if you asked me. she has a different set of reasons. interviewed in rutger rutgers university, she raised three issues. she lost because she was running against really, really big money, her supporters were turned away because the voting rights act had been gutted and number three the odds arts stacked against women. hillary spent far more than trumpet if she had a money problem it was the clinton foundation. it wasn't the lack of money, it was the $2 million/fund by any other name. how about voter suppression said countryside people were turned away from polling stations because they didn't have one precise document. that would be a government id.

the one you need to get on a plane to check into a hotel or get into this building. hardly voter suppression. how many people were actually turned away? then she was asked about those who wanted her to leave the public stage and shut up as the question put it. she was struck by the fact that they never said that to any man. i'm not sure that's accurate, but then again i can't remember a previous losing candidate whining on for so long. it is a year end a half since donald trump won. why doesn't she stop? she can't believe she lost women like trump to be, she spent decades pursuing the presidency and can't get it out of her system, and see, her loss was so dramatic that she just has to keep going over it, trying to figure out what happened. understood, but don't keep doing it in public. it's not helping your party and it's giving endless and

ammunition to the man you cannot stand, donald trump. the second power of attorney and company is about to begin. the second hour of "varney and company" is about to begin. >> i'm really struck by how people said that to me, mostly people in this press, for whatever reason. i'm glad al gore didn't start talking about climate change and i'm really glad john kerry went to the senate and became an excellent speaker of state and i'm glad john mccain kept speaking out and standing up to see what he needed to say. mitt romney is running for the senate. >> that was hillary saying people are telling her to go away because she is a woman. welcome back.

>> happy easter and happy passover to everyone. >> she said she was struck, people told her to go away and be quiet, they never said that to a man. you are the former chair of the l.a. chapter of now. what you make of that. >> luck. >> it was democrats were telling her to shut up and go away. we know there's sexism on the left so maybe that make sense a little bit. republicans want her to continue to do as she's doing. the reason this is happening is hillary in particular seem to never be doing things for the larger good. she is harming the party, she's harming other candidates, that's been the point of the individuals who worked on her campaign who said it's time to stop. she mentioned other men who had lost and gone on and they worked on issues, on policy, you might disagree with al gore but his point was policy. it was not a campaign about his own moss.

the same about mccain impaired carry. they moved policy issues. this is something personal that she is still trying to complain about and i think that's what the american people reject the whites hurting her party. >> why does she keep doing it. >> it was a traumatic loss but it's 18 months later. why keep on. >> this has been her life's goal. it was promised to her. it was something she was told would occur. the system was set up to deliver it to her. it was the ultimate black swan of donald trump and people they never brought into their account that would occur. they thought the system was set in a certain way. we are seeing elements of that now and the attacks on the president but she can't believe it literally is this cognitive dissonance about what really occurred and she will only really be able to have, she can have a great fourth act if she admits where she failed, how the system failed her and then maybe she can begin to work on policy issues that can improve the quality of women's lives

instead of blaming them for her failure. >> good stuff. just stay there for a second. hold on a second. i want to get to corporate headlines. i have some bad news for tesla. they are recalling 123,000 model as cars because of a bolt that can corrode in cold weather and cause a power steering failure. jeff is with us. i regardless as very bad news. >> it's terrible. keep in mind, on monday on your show i said after they announce these big production goals which are you on musk's attempts at deceiving people, i said they would have a recall. this recen recall is massive. the bound online, the best visual representation i can make of what's happening with tesla is they are a dumpster fire. they are a sham and i've set it on your show for years

now. the reality is they need to start to get honest about the fact that they are not good at manufacturing cars. they're good about talking. >> wait a second. we had some on the show yesterday, we were reporting on someone, hedge fund manager who said tesla is within months of collapse. use that word. i hear that the talk of wall street. isn't that bad. >> it is. i think it's that bad and it's going to happen quickly because, keep in mind, now he has been able to propagandize his company. now people see the truth and investors that had made profits in the stock or going to take profits. again this is a dumpster fire, it's a train wreck and i think it will get worse. >> you been on this show since president trump was elected back in november of 2016. in the early part, all the way through 17 you are saying

look, this markets going up and you bought into it. earlier this year you said wait a minute we've gone too far, too fast, cautious because we've just gone through a rotten quarter so you have that right. >> i think, unfortunately, i hate to say this on a friday, but i think the selling has just begun. my concern has been the fact that this market has been dependent on these five tech titans and they are now beginning to show some flaws with facebook and amazon, with netflix, i think the reality of the market is that it was too narrow for too long. i agree with the fact that the economy is improving, but after a two 100% gain from the lows. this is time that people want to take profits. >> i hear you're actually buying two stocks, dollar

general and t.j. maxx. you some kind of dinosaur here. >> i am and i don't mind being boring for it but the reality is, we've seen amazon annihilate a lot of retailers but there are two they haven't been able to affect. one of them is dollar general, they are building 900 stores this year. for the people who want to buy impulse items and the other that i fell in love with the store's t.j. maxx which is just firing on also under. >> have you seen the discounts on t.j. maxx. >> unbelievable bargains. >> and the people who consider treasure hunting a sport are in these stores in droves playing the game but i think it's excellent. >> you've done your job. that was pretty good. happy easter to you. >> and your mom who i know is watching. >> thank you so much. >> all right. let's see. in normal times when the

markets open, what i'm not sure what's coming next i look up there and say the dow is doing this the semester but the markets closed so i'll have a few seconds to figure out what i'm doing next. now i'm ready. rosanne's bar costar on rosanne reboot, sandra, earlier this week she slammed women who voted for trump. watch this. >> a lot of women have compromised, given in, got married, raise the kids and not have the luxury of being able to fend for themselves. i think it's either being under the thumb of your husband or the election, being so offended by hillary clinton and bill clinton's legacy that you turned on her or feeling inadequate, feeling like how can somebody be so educated, i think that's threatening to a lot of women. >> i'm not going to say anything, but let's say tammy

bruce has something today. >> that's embarrassing and it's a shame. as someone who has run in those kinds of circles, certainly as a gay woman it's embarrassing to me personally, but we also see that as an example with when hillary said something similar in india that this is what these altar feminists think of other women. the fact of the matter is women do speak their own mind and make their own decisions when they marry and have a family and define their own future which is different from what sandra bernhardt or hillary decided. for most women, when you hear this this is why hillary has failed, it's a messaging that most americans, regardless of your straight, gay, black or white, we have respect for each other and the decisions we make and we are all individually different. obviously the choices that the american women made in 2016

was the right choice. look the nation of the condition of the economy. futures have improved for their families credit sour grapes but it's an exposure of their inherent sexism and the contempt for the american people. >> it is the ultimate statement of sexism to say women can't make up their own mind on policy. >> on policy or even in choosing to do what most women choose to do which at some point as mary. isn't that what the whole gay marriage thing was about, we can all get married and have children whether you have them or adopt them or whatever you want to do. this is the nature of the individual choices. we want women to make choices that best suits them and this is clearly something the american left has contempt for and no respect for. >> timmy bruce, thank you very much indeed. >> without a big newsday, by the way we have this on under armor. they revealed a data breach affecting my fitness pal.

this is huge. >> i didn't realize how popular this was. 150million users have been impacted by this. it tracks your activities, your calories burned and how much you take in. under armor says in february, this app was hacked. what did they get? they got e-mail addresses, usernames, hashed passwords, the hackers did not get social security numbers, driver's license or credit cards. they say under armor learned about it about five days ago. they said get in there and change your password immediately. it's another example. >> thank you. breaking news, spacex is about to launch the falcon nine rocke rocket. was in the countdown. where are we now. we are about 90 seconds out. that means, i've got to tap

dance. i'm not making it up and i'm is carrying ten satellites into orbit. will be 75 satellites position for the next communication mission. this is remarkable. this falcon nine is remarkable. >> that's in elon musk corporation,. spacex. >> correct. >> let's give credit to elon musk. he has built private enterprise space exploration plate launches. give the man some credit. >> he is innovative and very cool personally but were talking about tesla, this is a great thing but we talked about tesla. >> is impressive? have you met him?

>> yes, very. >> we have about 20 seconds to the launch of that rocket. let's listen to the countdown. >> ten, nine, eight, seven, six, five, four, three, two, one. >> that looks like a pretty solid launch to me. any comments. >> all i can say of these things are so impressive in their mesmerizing. this was a huge rocket carrying ten satellites. elon musk is also getting the go-ahead from the fcc to try to create what he wants satellites all around.

they tried to put satellites all over the place and link everybody by that. looks like a successful launch with ten satellites, that is elon musk space satellite getting out there in front but that looks successful to me. i don't know at which point they release these ten satellites into orbit. did they do it all at once or one at a time? i don't know. that was a successful launch and you watched it right here on good friday. >> it's always cool to watch. >> if you ever close to it, you can feel the ground rumble. you can be several miles away and feel that. >> is a human achievement. that's the nature of what were able to accomplish.

they're able to bring these things back down and reuse them, it's fascinating. >> fix the power steering. you can watch a rocket now fix the power stealing. >> i don't think there's any power stealing on a rocket, it just goes up. >> it's fantastic. let's not forget that's spacex, private enterprise spacex. >> was there any government involved? >> i don't think so. he's built this from scratch. you have to give him credit. >> they have to have a permit. >> this weekend the chinese satellite station is falling back to earth. let's not forget that. north america is really in the past but they figure it will end mostly in the ocean. the not sure. china lost control of it. >> i think we've dealt successfully with tesla. also spacex in elon musk. that is a successful launch. i'm moving on. i'm going back to facebook and the firestorm surrounding the misuse of personal data.

a top executive defended data collection back in 2016. here's a senior executive in what he said back then. so we connect more people, that can be bad if they make it negative. maybe it cost someone of life by exposing someone to bullies. maybe someone dies in a terrorist attack coordinated on our tools. this is maybe one of the reason why 37 attorneys general signed a letter demanding answers from facebook and one of those attorneys general is with us now. tom muller, iowa attorney general. it's great to see you. >> thank you for having me. >> what you make of this leaked memo. i guess it enhances your case. >> it certainly does. there's a lot of issues that have been raised and that's a good thing. this is really a good time to ask and get answers to some

fundamental questions about, there is a bargain here. users we get to use the services for free, in return they get a lot of data from us and market that data and for a long time that worked really well, but now we are seeing there are some real problems with this tom freedman a couple days ago had a wonderful column saying we are in the second inning. the first inning was the free and easy and it achieved a lot of progress but when the second inning where everyone has asked the questions and the people involved have to exercise some responsibility. facebook is at the frontlines of that. >> it sounds as if you are heading toward some form of regulation. obviously will be congress that does it, but some form of regulation which would change the basic business model. you get the service for free, we get the information and we sell it.

i think that's where you're going. am i right? >> it might be congress, it might be some regulation, and might be in agreement with us, but there has to be some reasonable limits on their use of data. when those limits are established they have to live up to them. what happened recently with cambridge analytic and 50 million users having their information given to them through no consent of them, that has to stop. there has to be limits and have to be enforced by facebook. >> you sent a letter asking questions, what's been the response from facebook or have you had a response from facebook. >> we had a call with them about a week and half ago where they gave us some information, but they really haven't fully responded to the series of questions in our

letter and we are waiting for that response. we want that response and i will go from there. >> have heard it said by some facebook users who say, look, i don't care what you do with the information. it doesn't make much difference to me and i really don't care. just keep things as they are. what would you say to that. >> i think we should decide to design a system where people feel that way and want to release their data they can set their settings in a way to do that and they can do that but not everybody feels that way and some people feel there should be limits and they have a right to that. think users to make decisions but should be able to make intelligent and meaningful decisions about the use. >> tom muller, the attorney general of the great state of iowa, thank you for being with us but happy easter if i might say that. >> seem to you. very much, same to you. >> thank you.

>> very different story now. big protest on the border of the gaza strip. we will have more on this after this.

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at least seven people from the gaza strip are reported dead after violent protests along the border. what more do we have unless. >> this was a protest israel knew was coming, it's been organized by the militant group, they are calling for six week long campaign along the border. seven dead, 500 injured, the israelis say the palestinians began throwing stones and petrol bombs and what have you. that was responded with live

fire and where we've seen the deaths. >> passover begins tonight. i believe that's significant. >> it's also the anniversary of what the palestinians believe was a landgrab by israel and they're also calling for those people to uproot and let us not forget this whole order has been a blockade for ten years and are trying to make a symbolic effort to block the blockade. this has been called for an organized by hamas and israel knew it was coming and the israelis are accusing them as using them as shields. in one case a young girl was put up against the fence to stop the israelis from firing and trying to push back the crowd. >> we hear it. thank you so much. walmart, in early discussions to take over humana. it could shake up the entire health care industry. that is the big story the day

even as the markets close, we are on it. republicans trying to put a band-aid over the disastrous spending bill, that's my opinion and i'm asking the question, is it the end for paul ryan and mitch mcconnell, eric cantor, former house majority leader joins us next. you're trying to lower your very hwith a healthy diet... and exercise. and maybe even, unproven fish oil supplements. not all omega-3s are clinically proven or the same. discover prescription omega-3 vascepa. the one that's this pure... and fda approved. look. vascepa looks different... because it is different.

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a verdict has been reached in the case against the widow of the pulse nightclub shooter. >> she has been cleared of all charges against her, just coming down from a jury in orlando.

she was charged with obstruction and providing material support to a terrorist organization. prosecutors claimed she traveled around orlando with her husband, omar mateen who ended up doing the shooting of the nightclub and prosecution claimed that they scouted for potential targets including the disney world shopping center, they knew he was buying ammunition for his ar-15 which he used in the shooting and essentially gave him the green light to commit terrorism. that was the argument of the prosecution she faces life in prison. the jury didn't buy it and they cleared this person of all charges. >> thank you very much. the gop is proposing a balanced budget amendment after that massive spending bill passed. eric cantor is with us. by share and the former majority leader of the house. welcome to the program. >> it's great to be here.

>> the balanced budget amendment, are you kidding, it's going to take ten years to do it. it's just a band-aid over that lousy spending bill. that's an opinion. what's yours. >> in concept, i think everyone would like to see the federal budget balance. there are so many nuances and complications saying you're going to be for a balanced amendment. as you say, takes two thirds vote in the house and the senate, takes three quarters of the states to ratify such a decision, it's never happened before so listen, the problem is, if you think about what balanced budget amendment means, the former soviet union could've had a balanced budget. it's really the question of the proper role for the size of the federal government. what you will see are many members of congress will step forward and say wait a minute, we want to make sure there's a higher threshold if you can raise taxes. you can balance all day long if you tax the public. >> it's a nonstarter. >> if you want to get control of this budget, what you've

got to do or two things. one where the trump administration and congress have done a lot in terms of promoting growth in our economy, get to a 3% gdp growth and the second and very important piece is entitlement reform. i think those sitting here saying we want to balance budget vote, what they ought to be doing is focusing their time in trying to convince the trump administration to say we have got to reform entitlement. >> that is the third rail of american politics. i got two other questions. should paul ryan go as speaker. >> he is not going to be going anytime soon between now and the election. >> definitely not. >> i haven't spoken to him about it but i can tell you, from my experience in serving in leadership, for someone in paul's position to advocate at this point, it's like surrendering, it's signaling to the other side that all my

goodness, the republicans can't win anymore. >> but the other side is not the democrats it's conservative republicans and half house. >> no, it's about the other side of the democrats. we are now approaching six months from midterms. it's very important to see the reelection of a republican majority for this administration and the country. that's why i don't think in any way that paul would consider vacating his position at this point abandoning the team. >> how about in the senate. mitch mcconnell gets rid of the filibuster role and we go straight toward 51 votes to get you past everything. just in principle. >> let's remember where all this got started. here he read was the one who reduce the initial 60 vote threshold in terms of the obama appointees. remember, his reason for doing it was that there was so much obstruction on the part a minority.

he's the one who did that and even prior to that, the democrats really weaponize the legislative process. i remember being in the house in 2006 when you had nancy pelosi and they took over, they weaponize the legislative process and basically you've got a calcification and an obstructive minority in the senate now. did you see any senate democrats participate in the tax discussion? you see any real bipartisan movement on the big issues? no. until that happens i see why people are saying hey, get rid of this 60 vote requirement. >> to approve? would you do it. >> i think mitch mcconnell is in a position where he has got to do something to break the obstruction on the part of check schumer and the democrats. >> to say it. i sense you want to go to 51 votes and get rid of the filibuster but your little nervous. >> if you can't get what you

want done in any other way, do it, but, listen, there are consequences. we know that. what you have at that point is, god for bid we have chuck schumer nancy pelosi congress with a democratic president, you will see this country turn in the direction of bernie sanders and elizabeth warren and all the growth and optimism and hope and prosperity will go away. my lord, we don't want that to happen. there are these countervailing arguments that have some validity to them. >> if push comes to shove, right now would you do it. >> in a limited way, if we could do it and get some of the trump administration proposals past, yes. >> i'm pushing hard. >> i'm pushing back and telling you i am confident with the republican majority in the senate republican white house, if you did it you would have tremendous optimism and

positive outcomes. if you had a chuck schumer, nancy pelosi democratic white house trio, my goodness, we wouldn't want that to happen. we will see. >> thank you for being with us. happy passover. >> happy easter to you. >> thank you. it's a pleasure to have you. >> big story of the day in the corporate world, walmart is in talk to buy health insurer humana. that would be a huge conglomerate. event shares cio, ben, welcome to the program. >> thank you. >> there is no trading on wall street today. i believe you are in contact with some graymarket trading. >> sure, there's people who quote in the off hours. humana is being valued over $300. >> i don't know whether they closed on friday. >> under 270. >> way up. what you make of this

potential merger? we see it, i see it as creating a super two knots healthcare organization that takes you all the way through the process with lower prices and maybe more efficiency. do you see it that way. >> i think it's a step back and look at why it's happening. we saw insurance companies try to get together of the past couple years and they were unable too. they were blocked by regulators. >> we can't compete in the current regime under the current regulations. we can't be competitive and make money. so what they've said is we have to get better but we can't get bigger by merging with the competitor, we have to go outside the box. we have to look to walmart or cvs. >> it's the amazon affect. >> it is.

>> if amazon is entering healthcare and they're gonna get in on different verticals in healthcare, people need to change things. they have to start making money in insurance. >> the market is closed, it's good friday, but nonetheless i want to market comment from you. we saw that the big tech giants led this rally. i don't think it's shooting up anytime soon, i'm not expecting a big breakup. >> is a coming down sharply. >> i think the possibilities this year are flat and oscillating a lot of volatility or some weakness. that's what i'm expecting, i think they had a big run and i think people are starting to question these business models. >> wait a second then, i've got eric sitting next to me. i pressed him hard on paul ryan, mitch mcconnell, i pressed real hard and i'm in a press real hard with you. flat to down, that's all you

got on big text? is something gonna fall out of bed here. >> i think it will be at double-digit under performer. these big tech companies have run a lot and people are starting to question their business models. we've got these computers we walk around with in our hands and facebook became a big part of our lives and maybe overstepped a little and people are asking the same questions about google and amazon. all these questions, is something wrong with these business models. is something fundamentally wrong and should we be buying the stock and participating in their social platforms. >> and you're not. >> i am on social media, of course but i'm not buying the stocks. >> thank you very much for joining us. i do apologize for pressing so hard. >> it wasn't that bad. now this. in the aftermath of the expulsion of russian diplomats from the u.s., russia is now expelling u.s. diplomats from russia. >> no big surprise. it's a tit for tat. we kicked out 60 and close the

embassy in seattle so they kick out 60 and close down the embassy in st. petersburg. the russians saying the u.s. will deal with it and the u.s. is saying russia should not act like a victim. this is all because of the chemical attack on a russian spy. it was a russian-made nerve agent so of course they did it. >> coming up, battleground california we talked to the youngest candidate and she is a republican, young, in california. are you kidding me? but first, present drums final lawye former lawyer raise the idea of pardoning manafort and flynn. should trump do it? we will answer and asked the

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hillary clinton says critics who tell her to shut up after

losing the election are sexist. the editor in chief says mrs. clinton will always be a polarizing figure. roll tape. >> she keeps getting on television so she must be doing something right. thanks what's happening is about half of the country voted for hillary clinton and they want her to be president and they would still packed these events where she speaks and is another half the country that didn't vote for her that's very happy that trump is president and it gets very exercised in tweets and goes on facebook to talk about hillary clinton. she's a very polarizing and engaging figure so as long as she's giving speeches which every former presidential candidate does, it will still get people riled up on both sides of the aisle. nah. not gonna happen.

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varney and company is open for business. now this spread a lawyer for president trump floated the idea of pardoning to former advisers, michael flynn and paul manafort. uc berkeley law professor and former justice department attorney joins us now. john, welcome to new york. >> thank you. it's good to see you. should president trump pardon flynn and manafort, and if he did, what are the consequences. >> first, everyone should understand the president has the full constitutional power to pardon both of them. i don't think it's a good idea at this point of the investigation. the best thing for president trump to do, to get rid of all these russia rumors and any windows is to cooperate with the council and get it done fast. that means getting to the answers quickly. after it's all over you consider if it's right to issue pardons. >> this could go on for another year, quite easily. there's always something else to be investigated. you can't shut it down just by

things speeded up. >> this is where trump's ability to fire robert muller comes in because if muller starts to stray from the basic core investigation which is are there any efforts by the russians to interfere with election, then i think he has legitimate ground to remove him. >> to have any idea if he's got anything regarding collusion with russia. >> i personally haven't seen any evidence yet. the crime is conspiracy and conspiracy to violate law. rumors, but nothing involving manafort were flynn that rises to the level of criminal violation. >> it's about time robert muller came out with something. you can drag this thing on forever. >> i agree. you look at independent counsel investigations like ken starr and it went on for years, but at same time, the

executive branch of the presidents resisted on executive privilege and try to keep things secret. i think he should sit down and have an interview with muller senior than later, have it taped, short-lived. it will be the greatest reality tv show in american history. >> amend trump can say you're fired. >> president trump, he talked about the revolt going on in california. roll tape. >> our country had very little pride. you look at what's going on in california, orange county, they've had it. there's a revolution going on out there. things were cities, where they protect criminals, they protect murderers, they protect people that you don't want on the streets.

other places in california said we don't want that. first time they are speaking up. >> john, you live in california. what you think about revolting against the century state policy. >> i feel like our orange count county, like we were both behind enemy lines together because we are both in a very liberal state which has lost its bearings. i think they have a longer side. i was just in orange county and i wasn't at disneyland and to me there is not an anti- immigration thing. people are upset that the state of california is trying to prevent the rule of law from operating within the state. i think orange county is

making a good stand and i think they will win. states don't have to help or cooperate with the federal government, but they can't interpose themselves and obstruct them from going too far. >> thank you so much. roxanne's success is paving the way for others in hollywood to emerge? this development surprised me, that's for sure and we are on it. morbid, coming up. moe,, go moe,, : .

now this, the reboot of rosanne got big readings prompting president trump to comment on it. larry, i see the creators of south park, now they've come out and said we are republicans. is this a trend?

>> 20 seasons later. i hope it's a trend. i've started to give up hope. 18million people watched rosanne. in the fall, when televisions elevated themselves with the emmy awards hosted by steven colbert which was a trump hate fast, only 11 million people watched it. 50% more people watched rosanne. i don't think anyone one is asking for pro- trump or pro- republican program, were just looking for a program that isn't hostile to us and called us name. that would be a breath of fresh air. >> it was funny, if you actually watched it, i'm tired of unfunny comedies, but this was funny. i really like that. >> , and you wonder, the creators of south park, 20 seasons in, if they today were starting out as open republicans if they would've gotten that contract. if they would be invited into the writers room of saturday night live but i think some of

these producers and writers and creators need to be more diverse, open-minded and allow more voices in the room. >> if you can make money, and you do make money with million viewers, maybe some in hollywood will be persuaded to come out a little more. >> i like to think so. i'm skeptical because we all thought that we saw mel gibson's passion of the christ. it was such a big hit and came out of nowhere and i was told we get more religious -based realms. we get more things that appeal to that traditional, biblical audience that we haven't seen much since then. we will see. cautiously optimistic on this easter weekend. >> we are glad you are on the show. the jampacked newsday. you've only got two half minutes and i'm sorry about that. >> you only stuart. >> thank you larry. we will see you soon. we don't know to laugh or cry at this but a judge in l.a. ruled that coffee must now carry a cancer warning in its state. we will be back.

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stuart: we've reached the stage where warning labels are becoming a farce. you really don't know whether to laugh or cry. just about everything, and in california -- yes, good old california -- it's about to get worse. in los angeles a judge has ruled that coffee must carry a cancer warning. at issue is a chemical. it's created in the coffee roasting process and is present in minuscule amounts in the coffee you drink. it's one of 900 chemicals listed by california as a likely cause of cancer and birth defects. so anything with the chemming call in it -- chemical in it, including coffee, must have that warning label. bread, potato chips, french fries, slap a label on it. now, when these warnings are put on products that almost everyone consumes almost every day, they

lose their relevance. do you really pay attention to them? do you read them? will you stop drinking coffee? granted, you've been informed about the risk, but it's risk as defined by activists, and they are lawsuit-happy. that's what happened with coffee. the council for education and research on toxics filed suit against starbucks and others. the judge bought their argument which is any akrill mid is dangerous, so warn against it wherever it is found. ah, california. it used to be so out front, leading the culture, pushing us all forward into the brave new world. not anymore. california's become a laughingstock. it is the land of radical activists, the land of the lawsuit pushing what they insist is progress. nah. it's chock full of nuts. [laughter] the third hour of "varney & company" is about to begin. >> very good. ♪ ♪

stuart: well, i hope you heard that little rant. joining us now for reaction is andy weeder horn. >> yes. stuart: say it. you're the ceo of fat burger. >> i am. stuart: you do business in california. >> this is unbelievable. stuart: your in the -- you're in the restaurant business. how are you going to deal with this? >> we've talked about this before, you need to educate consumers, don't legislate them. this doesn't make any sense at all. do you remember the rules about cancer-causing labels for cell phones when, if you put it up to your head, it might cause something? just educate people these things are possible, but in minuscule amounts. come on, business has enough headache in california. this is ridiculous. stuart: yet you are doing remarkably well, aren't you? >> the business environment is great, but the regulatory cost structure is very expensive. you have minimum wage, i can go on and on. let the fda handle this. let this be part of the menu

labeling if you have to, but not by state law enforcing it. stuart: 900 chemicals, that's a lot. that's just about everything you consume. >> publish it, educate people and leave it alone. it's not something you need to legislate. stuart: what do you now have to do? you don't have to put a warning on every cup of coffee, do you? >> i don't know. think about that. how could you put that label on, and if it applies to one of those chemicals, would it apply to everything? where are you going to put that? stuart: but if you don't label it properly -- >> just one more sign on the door that's going to take up the whole door? [laughter] stuart: that would subject you to a lawsuit. if the activists come along and say you didn't warn me about this threat -- >> think about the ada suits that go on if your web site doesn't have voiceover. if someone's blind and you don't have the ability for them to get voiceover, you have a lawsuit. the amount of regulation that's being forced on business, particularly in california, is very heavy. it's got a cost, and your

ability to be profitable in california versus somewhere like texas, it's a gigantic difference. but to label coffee? come on. stuart: well, so why don't you move? [laughter] >> we love doing business in california, it's the regulation that's the problem not the customers. why would we move? we just want to fix the regulation. stuart: well, why don't you expand in nevada? >> we are. we're in 32 countries around the world. stuart: oh, you are? >> california's crazy. [laughter] stuart: i've got a problem with the name. fat burger. >> i'm going to get this to you, fresh, authentic, tasty. it's a lean burger, and you're going to have one, one of these days. stuart: i'm waiting. [laughter] >> national burger month is next month. stuart: is it? are you coming back for that? >> i'm going to bring a truck for you. >> it's on tape now. stuart: sir, it was a pleasure. welcome to new york. >> thanks for having me. stuart: yes, sir. our next guest says -- wait for it -- those new tariffs on steel

and human anymore -- aluminum, they're already hurting the construction business. anthony rinaldi is back, ceo of the rinaldi group. you've got to pay $500,000 a year for a really good crane operator and more, is that right? >> that is true, yes. absolutely. stuart: $500,000 a year. you've been on a couple of times before, but i don't think our viewers know exactly what's going on here. >> no, 100%. we were just talking about it yesterday with a number of colleagues that i think on the last show i told you that i actually had a project where i paid an operating engineer over a million dollars. over $1 million. stuart: an operating engineer -- >> is a crane operator, the crane operator. that is the skill set that sort of sets itself from the rest. stuart: okay. now tell me about steel and aluminum imports which are costing you money. tell me how. >> it's amazing. already, you know? within days of the president's

announcement, i've already had subcontractors call us up with price increases on their quotes. we're in the process of a number of projects. we do anywhere between 10 and 15 projects at a given time in new york city. we have varying levels of purchasing going on right now, so we're in the process of buying out and purchasing some of the trades. and trades already that we've already had quotes from that we're now trying to purchase are calling us with price increases relative to this, to this -- stuart: would you like to see these tariffs dropped? >> i'd -- we would. you know, it's going to affect business. it's going to affect development. it's, you know, i certainly understand what the president is trying to do with the trade deficit, is so i get that part. but i think that this is going to have a womber rang -- boomerang effect on the local economy. stuart: what kind of price increases are your

subcontractors looking for? is it small, 1, 2, 3%, or are you talking significant price hikes? >> right now it's, you know, it's really only on the material component of their pricing. but it is fairly significant. and a number of our projects, i'll give you for example. right now we're doing a 30-story office building that is completely structural steel framing. stuart: okay. >> so you will have thousands of tons of steel involved in that project. so, you know, extrapolate that onto a 25% tariff on the cost of material, you could have a $2-$3 million just on this as a relatively small project. we could wind up having a $2-$3 million cost increase just on that one component, and that's not even talking about the other trades that are involved with steel being drywall, plumbing and mechanical -- stuart: i don't want to hear any complaining, anthony rinaldi --

[laughter] when i walk out onto sixth avenue in manhattan, i see a sea of cranes, construction everywhere. >> that's true. stuart: quit whining. >> no, listen, the last time -- [laughter] stuart: it takes nerve. i mean, an englishman telling a guy like you to quit whining. >> no, that's true -- [laughter] and i think every time i'm on this show i'm whining. stuart: you're all right. [laughter] >> we've got to change the topic. stuart: happy easter to you, sir. >> thank you. stuart: yes, sir, all right. the new york stock exchange in talks to buy the chicago stock exchange. it's a deal that would be worth, what, $70 million. this comes a couple of months after the feds rejected a bid for the chicago exchange by a chinese-led investor group. market's closed today, reopens monday. the federal communications commission approving spacex's plan for broadband satellite services. the network of more than 4,000 satellites will help bring internet access to americans living in rural areas that

cables and cell towers can't cover. next week's falcon 9 rocket will launch, carry one of these satellites. earlier today we looked at one that carried ten satellites successfully blasting off from california. >> that's right. stuart: meanwhile, michigan's governor, rick snyder, activating the state's emergency operations center to monitor the reentry of china's space station into the earth's atmosphere. the debris could hit the southern part of michigan. the chinese space agency says the reentry is expected to happen between saturday and wednesday. you have been warned. >> yes. stuart: all right. and president trump applauding orange county, this hour we'll be joined by morgan merta, she is the youngest congressional candidate in the united states. she's running in california, and she's a republican! >> no. stuart: we found several. [laughter] obamacare premiums expected to rise significantly just before the midterm elections in november. i say that could be a problem for the republicans because they

didn't kill obamacare. betsy mccaughey joins us on that. and listen to this one, a woman in california refused to sell her home to a trump supporter. the property man is with us. >> oh, my -- [laughter] stuart: is it legal? stay with us, the third hour of "varney & company" is rolling right along. ♪ ♪ mvo: we had support from the interfaith groups, the synagogue, the churches. ♪ when disaster strikes to one,

we all get together and support each other. that's the nature of humanity. ♪ i'll stand by you. ♪ i'll stand by you. ♪ and i'll never desert you. ♪ i'll stand by you.

stuart: the big, big corporate story ofe day is this one: walmart

reportedly in talks to buy humana. big, indeed. gerri willis is here with more. okay, can you give us the nuts and bolts of this potential merger? >> right. well, there is no nuts and bolts yet. walmart is saying this is not a done deal, we don't comment on rumor. they're saying it's not happening yet and, in fact, some iterations of the story you'll find maybe they're in talks to work together. i have to tell you, these companies are already intertwined, humana and walmart, already doing business together. for medicare patients they have a program in which walmart makes drugs available to them for a dollar a pop provided they only pick them up at wal-mart pharmacies. the question is will they do more business. humana, about a $37 billion company, that would be a bigger deal than walmart typically does. so some folks are saying this is not likely, but i have to tell you remaking this landscape is exactly what's going on right now. we've seen the aetna deal, we've seen scripps, a lot of companies coming to the table, so lots of changes. stuart: could you say this

get-together, possible speculation thereof -- >> right. stuart: -- is that the amazon effect? >> so this is interesting because i believe in some ways walmart is leading amazon on this issue, not retail, but on this issue. and why, because of what i just described what they're doing with humana and how they're bringing in all these medicare and medicaid patients -- stuart: it's soup to nuts, is isn't it? >> and on top of that with their own employees in many markets, you know what they're doing? they're kicking out the insurer, they're negotiating directly with providers. so this is a company that has a forward-looking vision on health care. they're working it out, they could be ahead of amazon. i know that is something we don't normally say, but it could be true. stuart: fascinating. gerri, thank you very much for the story. good stuff the, indeed. all right, joining us now, the author of that book which we have shown you many, many times, "beating obamacare." it's not dead yet, but it's on its way out. betsy mccaughey with us now. what would you make of this

possible get-together? >> i think it's excellent because walmart's already a big health care company. they have their own primary care, their own pharmacies. they've just started offering lab services. so now if they do, in fact, buy humana, they're buying 17% of the medicare advantage market. they are a huge box retailer. they've got to bring customers in. this is a great way to do it. and it is very reminiscent of the cvs purchase of aetna. stuart: wait a minute, say that end again. they're buying 17% of -- >> of the medicare advantage market, because humana is very big in the medicare advantage market, very big with seniors, particularly seniors in managed care. stuart: would it be, as i've described it, soup to nuts health care provision all the way to -- >> yes. and i think you're going to see much more of that. we always talk about the insurers, but they're the little guys compared to -- [audio difficulty] stuart: you brought us last week which is obamacare premiums -- [audio difficulty]

>> i think you're going to see much more of that. we always talk about the insurers, but they're the little guys compared with these retailers. stuart: i want you to update a story which you brought us last week which is obamacare premiums are going to go up right before the elections in november. tell me again. >> that's right. we've seen the premiums more than double in the first three years, then they doubled -- i mean, then they went up by double digits last year, and we're going to see double-digit increases this year because almost the only people left -- [audio difficulty] and second lu, i expect you will see a deal with the republicans says we want to repeal the obamacare takeover of insurance, right? the insurance rules, and we will promise not to touch the medicaid expansion. because obamacare's really two laws glued together; a federal takeover of insurance rules and then this vast medicaid expansion where most people got their coverage.

but it's those rules that the federal government imposed under obamacare that have made the premiums go up, up, up. and repealing those rules will provide a lot of relief. stuart: but because the republicans couldn't kill obamacare, maybe they'll get the blame -- >> i don't think so. i think the voters are too smart for that. they remember the really huge increases when obamacare was first introduced. stuart: ash? >> we had a doctor on this morning who said he was skeptical of these kind of deals because he says the pharmacy benefits managers, all the costs that they save, they keep. he said they're very -- they're not transparent at all, and he said what's the point? if you have someone, a third-party person that's trying to negotiate down the costs of these drugs if they are keeping the money themselves? >> well, that's right -- >> which is interesting. >> do you want me to respond? [laughter] stuart: i've got this story right in front of me on that front. [laughter] you can't overstay your time frame. >> it's my fault. stuart: or you, gerri. >> i missed it. officer, officer, i did nothing. stuart: breaking news, tmz

reporting the former governor of california, arnold schwarzenegger, has undergone emergency open heart surgery. we're told the 70-year-old developed complications after a catheter valve replacement yesterday. schwarzenegger recently made headlines for his efforts in trying to revive the republican party in california. that news just coming at us. the megamillions jackpot has topped half a billion dollars for the fourth time ever. it's now $502 million. the next drawing is tonight. no one has won the jackpot since january 5th. it's big. check this, the remains of a historic 18th century ship have washed ashore on a florida beach, a 48-foot wooden hull of a gigantic ship was discovered by a woman and her son. french bulldogs gaining popularity in america, but they are still not the top dog breed. can you guess -- >> very pensive. stuart: here we go again. we're on a guessing game. you get the answer after this,

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stuart: we asked you to guess the most popular breed of dog in america, it is the labrador retriever. they've been the number one for 27 straight years. the top fife, german shep asker, golden retrievers, french bulldogs and german short-haired pointers. got it? now this: french bulldogs are increasingly popular on social media. a lot of them have their own instagram accounts with tens of thousands of followers. [laughter] how about that? now this, for the first time ever an nfl team has men as part of its cheerleading squad. quentin and napoleon are now cheerleaders for the los angeles rams. both men are classically-trained dancers. act at this -- look at this, a man on safari got a shock when a cheetah jumped into his jeep. >> don't move.

stuart: yeah, don't move. the cheetah sniffed around, chewed on the seats, ran away. the man says his tour guide helped him remain calm and showed him how to slow down his breathing. [laughter] whoa. >> wow. stuart: big issues facing the tech industry. trump v. amazon. facebook under fire. tesla, recalls. just a few of them. looks to me like serious headwinds. will we see significant change? and a new study says millennials are paying a ridiculous amount of money in rent by the time they turn 30. "the property man" is next. ♪ ♪

but i'm not standing still... and with godaddy, i've made my ideas real. ♪ ♪ i made my own way, now it's time to make yours. ♪ ♪ everything is working, working, just like it should ♪

stuart: yeah, crank up that volume. tell the world. it's good friday, the markets are closed but we are on and they are not. "varney & company" is open for business. big issues facing technology. number one, you've got president trump going after amazon. number two, damaging facebook memo that reveals it wanted growth at all costs. and number three, tesla recalling 123,000 model s cars. greg vallier is here, he's the chief global strategist with horizon investments. it seems to me that big tech taken together is seeing all kinds of challenges including regulation down the road. do you see that coming? >> maybe. at the at least, stuart, there's a headline risk, and we saw that this week with amazon. of the three, you know, tesla's got a cash flow problem, maybe a product problem. you look at facebook, they have a trust issue that i think will persist. as far as amazon goes, i mean, we can get into all three of them, but as far as amazon goes, i don't see the problem. i think a lot of the trump tweets have been, to put it charity by, in-- charitably,

inaccurate about amazon. stuart: if you take it all together, you're a market guy, do you think that incredible runup has at least come to an end? i'm not suggesting there's a selloff, but come to an end? >> well, we've obviously hit a brick wall here with facebook, and i think facebook hasen ongoing problem no matter how much zuckerberg pleads and says i'm going to reform things. he'll get a public flogging before congress in the next few weeks. but facebook has a real problem, and tesla, i think, has a real problem, again, with their cash flow. but when i look at amazon, i, you know, the giant, i don't see that big of a problem. stuart: why not? because they are extraordinarily powerful. that doesn't pose a problem? >> well, you look at the trump tweets, they do pay taxes. the post office should be ecstatic to have them as a customer. you look at the new jobs that amazon has created, the income it's produced for workers, just the impact on seattle. so i think amazon may get

hearings, but i don't see any big regulatory issue. one thing i'd add though, western europe is now putting together tough new sanctions in terms of demanding that consumers give their consent to have any of their data used. that's a story for facebook. that's a regulatory story we're going to have to watch carefully. stuart: okay, again, same question really. can you see our rather antiquated antitrust laws being upgraded, updated to take account of the 21st century and using updated laws to go after the behemoth like amazon? >> you hear about it, i think it's unlikely. i think that, again, it creates so many jobs. i understand that the owner of amazon is the owner of the allegedly fake news washington post, so that adds a different angle to all of this. but, you know, this is an evolving sector. it's going to have ups and downs. i point out that the candle industry went into a depression

after lightbulbs were invented. i mean, obviously, in the dynamic economy you're going to have ups and downs. i sure don't see legislation -- this congress can't agree on anything. if there's anything, it might be regulatory, but it might be more facebook than anything else. stuart: greg, i've known you for at least 30 years, maybe a little bit longer. >> yeah. stuart: in all of that time, we've seen this extraordinary accumulation of power and money by the five big-name tech companies. >> yep. stuart: have you ever seen anything like that before? >> oh, you could go way back to the guildedded age, the robber barons, the railroads, michael milliken and drexel burnham. they're an inevitable target, and this tech industry now is. so to answer your earlier question, i think we have hit a wall. i think the industry can continue to grow. not sure about tesla, but this is a period that we have to be cautious for especially for the headline risk. stuart: greg, happy easter to

you, sir, and thanks for being on the show. >> you bet. stuart: okay. now look at this. it's a new study. it shows millennials are paying, what, almost $93,000 in rent total by the time they turn 30. bob massi's with us, he's the host of "the property man" here on the fox business network. now, i'm inclined to ask why are they throwing this money away? because rental money doesn't do you much good. it occurs to me that, you know, if you want to buy a house, you've got to go through the has el of getting a mortgage -- hassle of a mortgage. maybe some people prefer to rent. >> okay, my friend, well, here we go. so, number one, investors are buying a lot of the houses. young couples are trying to buy, they get outbid. they qualify for a mortgage but, unfortunately, they get outbid by investors. and as a result of no inventory and investors coming in and buying many of the homes that young couples would like to start out with, stuart, they get

stuck. and so what happens? the inventory now is owned -- many by investors -- they raise up the rent because of the fact there's not a lot of places to rent. and that's the sort of vicious cycle you're in. to me, it's very sad. on the other hand, i'm old and i will tell you that i never even thought about owning a home when i was 31 years old. i was happy to be able to rent. but i do feel bad for these young couples who have the ability to borrow and can't find any inventory. stuart: i'm older than you, and the first thing i did when i came to america was scrape together the down payment on a house. we won't get into age -- [laughter] >> i'm old. stuart: there's a lady in california says she's not going to sell her home to a trump supporter. is that legal? [laughter] >> well, a couple things. first time i heard this story i thought, i wonder how many she went through, you a democrat, is your father, your mother, your brother, your sister? i bet that was a torturous thing. the bottom line is under federal law -- and our dear friend judge

napolitano, i did e-mail out yesterday because that's our man when it comes to this kind of federal stuff. it is, in fact, legal under federal law because it's not, it's not one of those protected groups, stuart. however, in california there is a state law, a civil rights state law that basically encompasses this, and there's an opportunity that, yes, she's violating the law. the question is, and this will be interesting to see, will the aclu -- who usually does step up, and i do have to say they have stepped up in some cases for conservative groups -- will they step up here and say, wait a second, this is not right? stuart: no. >> because it's a trump issue. stuart: no, never, ever. >> not a chance. stuart: not a prayer of that happening. that's not the aclu that i know. [laughter] you e-mailed me a moment ago saying they're shutting down some jobs in vegas because of rising costs of steel and aluminum. that's what anthony rinaldi just told us about new york. is that true? >> yeah. when i was listening to this gentleman, we used to say the

state bird was the crane. now there are a lot of cranes, but besides the labor -- which you and i have talked about, stuart -- the materials, exactly what this guy said. i represent some general contractors. they say, bob, we're getting price hikes all over the place, we can't go forward. now what's happening, the problem with this, stuart, is some of these subcontractors are leaving the jobs where they haven't been paid. so now you have this problem with the developer, the contractor and subcontractors aren't getting paid because the money's not there, complicates the situation. so believe me, this is something that there could be a domino effect. it's got to be very careful. i completely support what this guy said. stuart: very interesting. bob massi, thanks for joining us,. >> happy easters, my friend. stuart: "the property man" fridays at 8:30 p.m. eastern, that is. the creators of "south park" have come out as republicans. matt stone, trey parker admitting it at an event this

week. this comes after the premiere of rose anne, the reboot, that is, that got record ratings. roseanne's a supporter on the show of trump and in real life too. would other conservatives in hollywood come out? is well, we'll see. [laughter] and i do want to show you this, spacex launched the falcon 9 rocket in california. it was carrying ten satellites into orbit, successful launch. under armour reporting a data breach affecting 160 million people. if you have the myfitnesspal app, you could with affected. nicole petallides is here with us on set about that. and morgan merta, she's the young congressional candidate in the united states, and she is run anything california. she's a republican, incredible. i want her take on the sanctuary state policy. stay there, third hour of "varney & company" rolling on. ♪ ♪

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i think it's three-quarters of the states to ratify such a decision. never happened before at least in recent times. isso, listen, the problem is if you think about what balanced budget amendment means, the former soviet union could have had a balanced budget. it's really the question of a proper role and size of the federal government. so what you're going to see is many members of congress will step forward and say, hey, wait a minute, we want to make sure there's a higher threshold if you're going to raise taxes. ♪ ♪

stuart: president trump is cheering on e county's decision to fight the sanctuary law. roll tape. >> look back, see what was happening. our country had very little pride. you look at what's going on in california, orange county. they've had it. there's a revolution going on out there. sanctuary cities where they protect criminals, they protect murderers, they protect people that you don't want on the streets. other places in california said we don't want that. first time, they're speaking up. stuart: joining us now is morgan m be erta -- morgan merta, congressional candidate in california. welcome to the program, good to

see you. >> thank you, stuart. how are you? stuart: oh, i'm remarkably well, surprisingly enough. [laughter] first of all, before we get to orange county and sanctuary cities, i made a joke earlier about, oh, we found a half dozen republicans in the california. [laughter] but as i understand it, you guys may be gaining some ground. tell me. >> we are. if you haven't noticed, i mean, california has had a huge mass exodus lately of all these people trying to get away from the terrible policies of the left. i mean, we have so many different sanctuary state policies, just one example of all of these terrible policies. and people are tired of it, so they're leaving. they're like, you know what? i'm outta here. and taxation is another one. people can't afford to live here anymore, so people are starting to wake up to this fact that it's not feasible to live in california under these liberal policies anymore. stuart: now, clearly, you're on the side of orange county opposing the sanctuary state law, sanctuary city law as well. but you're not in orange county yourself.

i think you're running for district closer to san diego, i think. >> yes. stuart: so what's the feeling in the san diego area? are they with orange county? >> yes. so san diego county is actually the board of supervisors is going to talk about this on april 17th on tax day. they're going to have a conversation about suing california and following in the footsteps of orange county which i am very proud of san diego county for doing. escondido mayor is the one who proposed this, and so i'm really proud of them. i'm really proud of los alamitos for stepping up to the plate and being the first to start this trend, and i hope that more counties follow suit. stuart: morgan, i have to throw this one at you. i want your reaction. as you know, a california judge has ruled that coffee -- repeat, coffee -- must carry a cancer warning. [laughter] look, i hear you laughing there. i hear you laughing, but you guys, you've got to deal with this. >> exactly. this is just another example of

california overstepping and being ridiculous. air pollutants are the biggest, like, cancer threat to every person in the world. what are we going to do, put giant signs like amber alert signs everywhere saying don't breathe, you're going to get cancer? i mean, this is ridiculous. and it's not just california that's being impacted by this either, because the california law now states that if things are bought online even out of state, if they're being sold to people in california, it has to have this warning too. so it's just another, like, example of california and liberal policies being overbearing to people. i mean, the straw ban that their proposing too out -- they're proposing too out of california, there's a new ban that's going to be on the ballots in the november to ban the use of straws in restaurants. you will get fined $1,000 if you give people straws unsolicited. so california has lost it. i am hoping that i can be one of those people to help bring it back down to earth.

[laughter] stuart: i've got to tell you, morgan, we're not used to you -- [laughter] you're young and you're a republican, and you're from california. >> yeah. stuart: there's not many like you there, are there? >> there aren't very many people like me, and the thing is, i mean, there are, but they're kind of in hiding. [laughter] and so what i want to do with running, i mean, i am the young candidate in the nation, i can't hide my age, but i do want to inspire millennials, especially young conservative millennials to step forward and make a difference. i mean, people are in our age group they tweet their feelings all the time, they go to the women's march, ma for our lives -- march for our lives, they do all these things and complain all the time, but less than 5% of people in congress are millennials, and we are the future. you have to be, like, millennials are up to age 36. you only have to be 25 to run. that is 11 years that people could have ran and should have ran and didn't.

and there are less than 5% of us represented. so i really hope to inspire millennials to, like, take charge of our future because these people in washington are screwing it up. stuart: can you win if you get out there on the campaign trail and say i'm with trump? can you win in california saying that? >> so in california not so much. i mean, he got 20 something percent of the vote. but he, he is, i mean, i think that there are a lot of trump supporters here that do understand that, like, i can't just go out and say, yeah, no, trump -- go trump all the time. but i can say that i will be an ally to him in washington. we need to get people in washington, we need to keep control of congress, otherwise things are going to continue to go back downhill. i mean, we've climbed so far out of this ditch that the obama administration and obama policies dug us into, and we've

gone so far already we can't backslide here. we can't -- this is the midterms, we can't lose the house. stuart: morgan, we have a lot of viewers in california, and they're watching you right now. >> yeah. [laughter] stuart: i'm getting a lot of e-mails saying, you go, okay? good stuff. morgan, thanks very much for being on the show. happy easter to you. >> thank you. happy easter. stuart: totally different story. under armour reporting a data breach affecting, wait for it, 150 million people. nicole petallides will join us on the set with that in just a moment. ♪ ♪

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stuart: under armour warning that 150 mn people who use the my fitness pal app had their data hacked. nicole petallides, well, it's good friday, the market's closed, so she's on the set with me now. >> glad to be here. stuart: how is it 150 million people have this under armour app? i don't get that. >> right. it's called my fitness pal. this is an app they acquired in

2015 for $475 million. at that time it had 80 million people. it's more than doubled. we're not sure whether it's everybody that was involved on the app, but you have to take the precautions. they're saying about -- stuart: what did they get? what was hacked into? >> what was possibly compromised, user names, e-mail addresses and scrambled passwords. i mean, what kind of password is other than scrambled and hashtag? here's one of their pieces of device. if you have an e-mail address with a correlating name, password, you know, whatever your e-mail address is friends for dinner 123 and that's somewhere else, change it. not just on your fitness app, but on other places. don't have the same e-mail and password somewhere else. stuart: okay. because they got in here, and they went there -- >> yeah. and maybe they'll go to your jpmorgan account, i don't know. stuart: i'm used to hearing huge data breaches. now, this is 150 million people affected, how does that stack up

with, like, the equifaxs of this world? >> right, you talk about some of the big ones, equifax was about 145 million, as was ebay, target and uber. the big one was yahoo!, 3 billion. what they did not get from the people is your government type of identifiers, social security, your driver's license and, thank goodness, not the payment cards. stuart: that's the under armour app -- >> right? this is the under armour breach. they did not get that. they're working with the authorities, but they're not saying what type of hack it was. how did it happen? it happened last month, they only just learned of it on the 25th of march, so there's going to be more. and the stock in the after hours is already to the downside, so on monday morning when your show's opening, 9:30, watch under armour's stock. it may come under pressure because of this. stuart: seems to me this is all leading up to some kind of regulation about who can get what information from you and do what with it. >> i'm sick of it. i don't even like to put anything on the internet at all. and there's no other way than to

live like that. i mean, i'm from a different era. i don't really love putting my stuff out there. [laughter] >> the problem is though -- >> it's quite, and it feels like they're hacking and breaking into everything. stuart: well, that would be true -- >> and then facebook's situation. stuart: yeah. add it all up, and it looks to me like regulation coming down the pike. let me ask you this -- >> and that's why all the social media stocks were to the downside, especially twitter. stuart: wait until next week, waiting to see that. supposing you went on facebook and you said, okay, i'll get the service for free, and you can do whatever you like with the information. supposing you -- i would bet that 80% of current facebook users would say, okay. >> i would bet, i was going to say i don't know if it's 80%, i was going to agree with you that a lot of people are are much more open than -- i don't know. i don't want any of my personal information at risk. stuart: if they don't get information that lets you into my bank account or my investment -- >> right.

stuart: -- i don't have a problem. >> if you post it on facebook, how much privacy do you expect? i don't want the bank accounts, but otherwise it's wide open. >> listen, i mean, you shouldn't be posting anything that's too -- >> exactly. >> -- i mean, my dog is cute. [laughter] you shouldn't be putting things out there that you don't want taken in the first place. stuart: it's 11:57 -- >> i love being here on the set. stuart: we'll see you next beak. thank you. there will be more "varney" after this. ♪ for singing definitely dry mouth has been a problem for me. i'm also on a lot of medications that dry my mouth. i just drank tons of water all the time. it was never enough. i wasn't sure i was going to be able to continue singing. i saw my dentist. he suggested biotene. it feels refreshing. my mouth felt more lubricated. i use biotene rinse twice a day and then i use the spray throughout the day.

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breathe slowly. easier said than done with the cheater on your shoulder. >> it had jumped on the hood of his car and another one jumped into the back. he chewed up the seats and jumped off. that's a safari. >> favorite video of the day in the week. child's pain is in for neil. >> i mean i have a hard time following that but will try. >> welcome everyone, i am charles payne. fox is on top of a multitude of breaking news stories. another data breach exposing info of millions of my fitness pal users will find out if you are affected. tesla recalling a hundred 23000 model as cars for the company's largest recall yet and why it matters is coming