tv Varney Company FOX Business August 7, 2018 9:00am-12:00pm EDT
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i'm gonna tell you that was the best $150 i ever spent in my life. life line screening. the power of prevention. call now to learn more. maria: dpreat show, everybody, see you tomorrow, varney & company begins right now, stuart, take ait -- take it away. stuart: sanctions are back, iran is denied to u.s. dollars and denied after gold, we will stop the flow of oil later in the fall. the president tweeted this, just check the last couple of sentences, anyone doing business with iran will not be doing business with the united states, i'm asking for world peace all caps, nothing less. europe is having none of it, they say they will move to protect their businesses but work with iran but the sanctions are back as of now. here at home it's election day, this is run-up to midterms, two
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things to look for when the results roll in tonight, number one, how valuable is the trump endorsement, watch chris backed by the president just yesterday, number two, how powerful is the socialist message what abdul in michigan, bernie sanders is backing him. the dow closed 25,050, will go up 80, 90 points from follow at the open, do watch the nasdaq, technology has rebounded recently, it's mid summer and we seem to be in rally mode. stay there, please, the latest on dreadful california fires and who is to blame and the new terror threat from drones, varney & company is about to begin. ♪ ♪ stuart: california, fires
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burning north of napa wine country, now largest in state history, tell me more. ashley: montesito, two burning as one, almost the size of los angeles burning right now, 30% contained. more than 11,000 buildings are threatened, the problem as always hot weather, low humidity, and strong winds and temperatures in some parts in northern california are going to hit 110, 110 isn't making life easy at all. 16 fires across the state right now 1-rbgs -- 14,000 firefighters, california on fire. stuart: yes, it is, now the president is tweeting about this, tweeting about the wild fires, here is the tweet, governor jerry brown must allow
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free flow of vast amounts of water and foolishly being divert today pacific ocean, can be used for fires, farming and everything else, think of california with plenty of water, nice, fast, federal government approvals and governor brown from the day before, roll that tape. >> local state, federal out of state are doing a terrific job in the face of a horrific fire. this is part of trend, new normal that we have to deal with it, we are dealing with it humanly, financially and governmentally, i've asked the president to make major declaration. stuart: fire authorities and governor think it's climate change. there's a fight here, mr. trump is going right after the greeners and the greeners are responding say, look, it's
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nothing to do with water or forest management, it's climate change, what does this come down? >> look, it has everything to do with forest and overregulation of the national forest in this country, if you go back to 1970's and 80's before a lot of the waurt regulations which by the way help but used too much, we didn't have the massive wild fires because the forests were properly managed by multiple use, allowing ranchers to graze, loggers to come in and take away the smaller trees so they weren't competing with the larger trees in the areas, over the years, the forest has been unable to keep up with management this they need to make sure wild fires don't happen, the truth is they need private help, the environmental movement has completely kept out private help over the years and therefore now we have the catastrophic wild fires and completely unhanged territory for hundreds and hundreds of miles out in the west, all you
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have to do is drive out there, i was in yellowstone last weekend to see what the problem is and they need private help but the environmentalists will not allow any privatization to come in and help the forest service do their job. stuart: interesting you were in yosemite last week. >> yellowstone. stuart: yellowstone. i'm sorry, i'm sorry. yeah, okay. that's not close, but it's a national park. >> right. >> forested area. stay there, please, we will get back to you in a second. i want to deal with everybody's money because if you look at futures we will open triple digits, yeah, up about 107 points now, we will be well above 25,500 when this market gets running this morning. do take a look at facebook, it is bouncing back after last month's route, it's at $186 a share this morning, up about a buck, it's really bouncing back, now, a report came out first thing yesterday that facebook wanted the details of your bank account and your credit card
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purchases, facebook responded to that with this, we partner with banks and credit card companies to offer services like customer chat or account manage rent, that's not -- we are not using this information beyond enabling the type of experiences, not for advertising or anything else. market watcher d.r. barton with us who follows facebook very closely, the question remains, though, so they don't want to details of my bank balance but they are going to have to tell me that they are keeping it secure, that the information is secure, do you trust them? >> that is the key question and around the world people, stuart, are already answering this question yes, ali pay, the alibaba payment app is used widely for these types of things, paying balance, lots of ways to secure the data through biometrics, all you need to do
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is thumb print to pay all over the place, to be able to do it through facebook and have them say and prove that they have proper fire walls as susan and i were talking about before the show in your mearminger app, i would trust them and i would allow it on my phone. stuart: that is why facebook keeps ongoing and -- >> below the fold page news today and up a buck and change already premarket. stuart: two weeks ago the stock was at 217. >> correct. stuart: came to 165. >> indeed. stuart: now backs 90 almost. >> yeah, right at 185 premarket and 186. that's already bounced back over 10%. so pretty good bounce-back. stuart: you're back in facebook? >> still own it. stuart: thank you, d.r., thank you very much, i will get back to iran, president trump reinstating sanctions and here is how house minority leader nancy pelosi responded, here is
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the quote, counterproductive action diminishing america's international credibility, erodes our relationships with our nato and european allies and sets back the path toward more stable region and peaceful nonnuclear future, back to katie, what do you make of pelosi's comments there? >> i find it interesting that nancy pelosi is blaming americans why asking europeans why do they are with regime that kills people around the world and europeans alike, that should be the real question, this gives iranians a choice, continue to spend all of the money that you have which will be less under the sanctions on terrorism or you can put some of it back into your economy and avoid a collapse of the regime as the people want and although the trump administration continues to say that regime change is not their policy, the people in iran want regime change and the administration is backing those people who are in the streets
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protesting against this behavior of funding terrorism of the economy continues to collapse in iran. stuart: these sanctions really could bring about the collapse. i mean, the real collapse of iran's economy. already they've got extraordinary inflation, food shortages, the price of food and basics going up by the hour and virtual collapse of iran's currency, they remove or get around sanctions when you're about to have real results in iran? >> exactly, that's the question for the europeans as well, how far are they willing to go to bail out a country that has never kept their word on any negotiations and deals that they have, you know, put into place with us and why are they willing to go to extensive lengths to continue to prop up a regime not the people, the regime that continues to spend the money that belongs to the people that has been receivenned off to a corrupt class in iran and they
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are stuck there. the europeans have to ask themselves r they in the side of the people there, are they in favor of human rights or side of terrorists who steal money from their own people. stuart: they are on the side of commercial interests. >> how much money are they really going to make in iran is the big question with sanctions. stuart: katie, thank you very much for being with us this morning. thanks, still on iran, let's focus on oil, oil sanctions on iran go into effect in november, a few months away from here. d.r. barton is here, oil is under $70 a barrel, do you expect much price movement before november in the new sanctions? >> no, here is why, there's new sanctions waiting to effect, remember sanctions in january 2016, iran was making 3.3 million-barrels then and now
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4.5. if we knock them down a million, a million and a half the u.s. output has gone up much more within that period of time. opec will raise output, the market has priced what the iran oil sanctions are going to hit for, i don't see significant upward from here. stuart: i will keep my gas less than $3 a gallon. check futures, well above 255. disney reports profits after the bell today, it's making big bet on upcoming streaming service. disney spending $100 million on star wars streaming series, that would be 10 million per episode, watch out netflix disney streaming come on stream later, the stock has been going straight up recently, premarket, i think that's a new high,
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116.90. to tesla elon musk is working on a mini tesla able to carry one adult, maybe you should think about spending more time on getting the model 3 out there. ashley: tongue-in-cheek. stuart: i'm being tongue-in-cheek? >> no, he is. stuart: the stock is up again, 250, 344 on tesla. [laughter] stuart: following the drone assassination attempt from venezuela's president, you know what that means, do we need, should we have more regulation? well, we will find out what the judge has to say about that in just a moment (indistinguishable muttering) that was awful. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade,
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tax fraud and embezzled hundreds of thousands for manafort. how does this relate to donald trump and the election of 2016? >> it doesn't. stuart: not at all? >> the only mention of the word trump came in a reference to trump tower, his name on the building on fifth avenue in new york but there's no -- the judges prohibited any testimony about donald trump the person or donald trump the president because the government has told the judge out of the presence of the jury this case has nothing to do with the election, but this judge and two other federal judges, so three of them have all come to the same conclusion that -- that mueller has the legal ability and the ethical duty to follow whatever evidence he finds, whether pertains to trump or not. stuart: okay. >> he found evidence of bank fraud. testimony yesterday was fascinating, the shocker was his admission, not only did he steal at manafort's instruction but
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stole from manafort as well. i have to tell you, it is -- it is good policy, when you have a witness who has a lot of baggage, get the baggage out first, get it out of the witness' mouth on direct rather than letting the other side get it, extract it on cross. stuart: the man is on witness stand. >> three hours of direct and three hours of cross. you want to challenge my bonifide. stuart: you saw drone assassination attack of maduro in venezuela, you know the story here. >> i do. stuart: anybody, this throws open drones to be used as terror weapon anywhere against anybody. >> yes, while you're walking down oh street or bedroom of your home. stuart: any public hero. stuart: you're a libertarian kind of guy, do you want regulation of drones? >> i do, i want regulation just preventing somebody from
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punching me in the nose or stabbing me with the knife or shooting me with a gun. this is a sophisticated way to do all three of those and has to be made criminal, i don't know if the bad guys will obey, the law, just as i should have the right to shoot that thing down if it's coming at me. stuart: attempted murder is a criminal offense. >> correct. stuart: should there be restrictive zones where you may not fly drones and those zones authorized by the government, are you okay with that? >> might also be authorized by my ownership of private property, one of the restrictions would be over my backyard or over your front yard or 10 or 15,000 acres in up state new york. [laughter] stuart: stop it. [laughter] stuart: supposing the government were to say, you must have a drone with gps device in it that stops that drone from flying over your land or my land or new york city. >> that would be effective way to protect property. stuart: would you approve? >> yes. stuart: you would approve
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government telling drone maker don't let it fly over here? >> yes, like i would approve a way from preventing knife from stabbing me. [laughter] >> what did i just say? [laughter] >> that's a brian solomon line. stuart: very much. >> protect human life and rights, yes, my rights is assaulted when a drone can attack me. stuart: right. so true young man. >> you know those people knew what they were doing president maduro could be dead, how potentially lethal that weapon was. stuart: i will see you at 11:00 o'clock hour. >> hopefully we will make more sense. [laughter] stuart: live and hope, judge. dow industrials will open up very nicely thank you very much up about 110 points, get, this this is what i want to talk to the judge about, i want to talk throughout the show, if lawmakers in new york have their
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stuart: new york lawmakers have approved a bill that would give employees 3-month leave to mourn the loss of someone, 3 months, that seems to be a long time. ashley: you think. 12 weeks, 50 or 60% of your pay and for small business owners who actually oppose this, could create crisis, very antibusiness, it's ridiculous, two months off for the death of favorite movie star, where do you stop? sounds like denmark to me. [laughter] stuart: what is it in canada? >> in canada federal mandate is 3 days. stuart: 3 days. >> xs consistent with corporate america when i was with dupont for 15 years, 3 days, but for immediate family not in-laws was a fairly standard corporate practice. stuart: that's what got me,
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in-laws. some people who have in-laws -- ashley: challenging. stuart: you could look insensitive if you think this is overly generous for grandparent or in-law you look insensitive and being insensitive is not against the law but you could lose job for it, are you kidding me? >> continuum of being simple, having simple solution or having something that's fair as my good friend alan from cam brim said in social days, the simple solution unfair to employers. >> this is why new york state, new york city, some of the most expensive places for business. stuart: right. you don't start a business here. i wouldn't. >> not competitive. stuart: look at future's market, very nice, indeed, up 113 points, that's the way the dow
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we closed yesterday at 25,500 on the dow industrials, we got pretty close to record high on nasdaq, made across record high, we are expecting both to go up in 3 seconds, that's when we open this market, this tuesday morning, boom, 9:30 we are up and running and we are up. ashley: 54. stuart: 59 points, 55, not quite as we expected, 63 points, 61 points. settling down. ashley: do i hear 65? stuart: not yet, a quarter -- there you go. up about a third of 1% as we speak for the dow industrials. how about the s&p? how about that one? that is up about a quarter of 1%, not quite such a gain, now, i want to see the nasdaq, all technology stocks up a quarter of 1%, so the best gain at the moment the dow industrials. do look at disney, that thing has been on nice tear recently and going up again now, $116 and
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report profits after the bell, made big investment in new upcoming streaming service, that's why it's up. facebook, bouncing back, very nicely from last month's selloff, it's back to 186 as we speak. apple still in record territory, hit the trillion dollar mark last week, moving up from there, that 209.07 not a new high but way up there, put it like that. susan li is with us, ashley webster and d.r. barton and kristina partsinevelos join the club. start with facebook, they clarified how they want to work with banks, d.r., you told us earlier that you do now trust them to have our information secure and you'd trust them that they're not going to disseminate the information all over the place, are you buying? >> i did buy it on the big dip, stuart, and i still think it's on the big deep two weeks ago and i rebought it, bought more and i still think that this is a stock with upward trajectory,
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last growth numbers, 45% year over year, it's good stuff, we can trust them, they will are under microscope, they know if they get to the point of giving data, they said they were only doing chat, if they get to the point of delivering data, they will use biometrics and other things properly like good financial apps like ali pay. >> facebook wants to buy, sell, transfer money as well, they are working with large banks, jpmorgan, citi, alphabet is doing that. also alexa. ashley: let's not forget pressure of banks to exploit social media, it's you know, something for both sides of the deal. stuart: that suggestion a plus for facebook. investors like it. >> exactly, yesterday there was wall street journal report that facebook was trying to seek the financial information, no, wall street journal is incorrect, actually they are not going to share the information with advertisers but the interesting thing with facebook if you see
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the plunge, you say you bought, i have spoken to other analysts that said bought, right now the buyers that everybody is too short term, the user growth issue, it's still growing and maybe growing at slower pace but people turning to facebook, two options, whatsapp and instagram, still opportunity to monetize the platforms. >> keeps on going up as rebound from the lows of last month. let's move onto disney. they report after the bell today, they've got $100 million devoted to the new star wars live action series which will debut on disney upcoming streaming service next year. 116 bucks right now, i think that's pretty close to all-time high. >> close. stuart: would you buy that? >> i do not like buying this stock in particular ahead of earnings this afternoon but there is one number to watch, espn plus. the subscribers that they have been losing on cable, this is the first time they report numbers on this new streaming sports streaming service, if
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that does well, this thing could get a big pop. >> i was looking at the price of some of the star wars episodes, so it's $10 million for ten episodes, still cheaper than what game of thrones cost, you know one episode of game of thrones cost $15 million to produce and i would say that lucas film purchase was smart, made that and more with star franchise already. stuart: i'm amazed at the legs star wars franchise has. ashley: fans are loyal. >> also, you know they will not be putting rated r films on stream platform, i read that in blog. netflix is first mover on that. i don't know, disney, can they jump up and catch up to netflix and hulu when it comes to streaming? stuart: stock keeps on going, 116, almost 117 on disney right
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now. elon musk tweeting again, he says tesla is working on a new mini, car that can qeez an adult. >> why don't we stop focusing on elon musk and every tweet? it's tongue-in-cheek sometimes, right? >> you can say the same thing about the president. let's focus on production numbers and cash back. ashley: this is a total joke. tongue-in-cheek, you make cars for kids, why don't you do one for adults based on suv, he's just playing. stuart: another case where the stock -- >> small cars do well in india, why not potentially consider this a future growth opportunity. ashley: maybe. stuart: one more headline. >> keep himself relevant. stuart: check the big board, we
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are up, indeed, three did i -- , we have new numbers from weight watchers, not helping the the numbers. do you have a smart comment? [laughter] >> she bought in $43.5 million, stock back in 2015 now worth 400 million. stuart: you're kidding, that's doing well. >> i thought when she joined weight watchers stock was way down, i remember reporting on that, look at her. stuart: that would fund the presidential fund 400 million, just saying. let me show you hurtz has been one of the companies hurt by
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uber, less money than expected, the thing is up 12%. marriott, hotel chain gave not so rosy forecast down 2 and a half%. crocs, plastic shoe people. >> do you have a pair? stuart: can you see me in crocs? >> qloon you -- i don't know what you do at home. stuart: their chief financial officer will resign next year, down 5%, the justice department says the trial judge ignored fundamental principals of economics and common sense when he allowed at&t-time warner merger go through. >> pretty definitive in the ruling. >> and the market doesn't care. >> exactly. stuart: i have a question about general motors, will offer new type of healthcare coverage to employees, you like this? >> i love one ironic piece of this, the henry ford healthcare
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system, that's really cool, but we've seen this happen, intel has done it, wal-mart has done it, regionally, companies that have strong regional presence in one area can really make some higher-quality healthcare provision at a lower cost for their employees, i'm all for that. stuart: okay, general motors stock still around $37 a share. we have carl icahn publicly appointing cigna's plan to buy for 54 billion, he calls it a 60 billion-dollar foley with ridiculous price tag, does he have a point? >> i think he does especially if amazon is getting into the pharmaceutical prescription business, if there's a big giant coming in, what do you mean 60 billion? >> the biggest -- is the biggest pharmaceutical provider for corporations and they also have had a great history of growth and i don't see the upside. >> you don't see the upside?
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i was going say a few notes that came out, one from deutsche bank both saying that they see as long-term strategic opportunity, yes, the market is reacting right now and you're seeing the share price down that some investors are trying to weigh whether carl icahn cross the deal and successfully done with fuji film and xerox. why are you laughing? stuart: i don't care. we must have at least 15 people in our audience who own stock in express grips. >> why are we talking about it? stuart: zillow getting into mortgages, one-stop shopping for a new house. investors don't like it. >> i'm buying, i can't wait to get off the air and buy the stock, we have made 60% gains, it's up and down ride, they are
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disruptor, uber of real estate market, here is one thing, everybody thinks mortgage companies will leave because they bought advertising on them, but four out of 5 homeowners go to zillow, they have that kind of market share. ashley: do they need to be getting into the house-flipping businesses and mortgages. >> long term. i think they will take over the space. >> if there's weakness in the housing sector and people not buying homes at the rate -- is it now the right time to buy? >> they have the opportunity of growth, nobody uses it in canada, i haven't heard it abroad. opportunity for growing company. stuart: second time in 40 minutes that canada has been mentioned on the program. [laughter] >> i am canadian just throwing that in. stuart: now she tells me. >> who are the two foreigners on the panel as well? ashley: susan.
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ashley: we are citizens. stuart: we are americans. >> i'm working on it. i'm working on it. stuart: 9:40 eastern time. you're all right. thank you very much, d.r., you're all right. okay, check the big board, i do declare up 114 points as we speak, 25,600, next case. how do you like a 30-dollar cell phone bill, t-mobile is launching a super cheap plan, there's a catch, we will tell you about. conspiracy theorists alex jones banned from facebook, youtube and apple's i tune store, the big-tech companies saying he's promoting hate speech, we may not agree with what jones say but should big tech have ultimate power to silence him, steve hilton on that next.
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stuart: we are up, it is tuesday morning, we are in business for 13, 14 minutes and we are up 111 points, how about that one? t-mobile launching the cheaper cell phone plan, come on in nicole, what do i get for 30 bucks a month and tell me what the catch is too? nicole: you're a money man, i know you want to know the catch, for $30 a month, one of the catches is you have to do all 4 people in the family, right, it's $60 if you are doing it by yourself and as you add on family members it becomes cheaper, $60 first person, 30 for next person and $10 there on, so let's say 30 bucks a person for family of 4, so that sounds great but the catch and more than one catch, stuart, two catches, the first is that you're video streaming quality won't be the best, won't be the fastest, you have to accept less
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if you're going to pay less and the second thing is taxes and fees, so you get one sticker price, wows audience and the taxes and fees that get slipped in there afterwards. stuart: fine print, read all the way to the bottom of the bill. got it, got it. stuart: all right, nicole, thank you very much, indeed, apple, facebook and youtube, they've removed banned conspiracy theorist alex jones, joining us steve hilton, host of the next revolution on fox news, full disclosure, i know that your wife works for facebook, let's get that right out there before you make any comment about facebook, now, steve, you may not agree with what alex jones says and i certainly do not, but who is who is doing to decide what is fit to get on facebook, apple and google, who decides what is despicable? >> that's the key here, it's well to say facebook and others
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are censoring, that means that they can decide, it's like editorial decision, they can ban people with red hair if they want. the alternative is they should be regulated because they are a platform, like a utility that everyone has to use, then you get into the problem, well, sit going to be the government that decides, are we going to have some situation like you have in uk where you've got the regulators deciding -- trying antonio cyst on impartiality with the bbc, that doesn't really work well, the answer is you've got too much dominance by the big companies so there's no competition and that's why it feels like censorship and you should have real competition, if one doesn't like that what you say, you go to another, competition is the solution. stuart: difficult to come up with a competitor for say facebook with 2 billion regular
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monthly users. >> exactly. stuart: very difficult for competitor to carve out space, would you go further and suggest that maybe some of the huge tech companies should be broken up? >> i think that that's the outcome you want to see, but the way you get there is to really attack what they see and -- and in reality the reason for that dominance, they used its phrase to describe it which is network effects, the more people on network like that the more valuable it is, what you've got to do is actually force them to liberate, to put the data that they've got on the users and make it freely available to any competitor and then an entrepreneur can say, look, offer service that says, look, come onto my new service and you'll have all the same data that you've got currently on facebook or google so your search, new search engine would be just as effective as google. that doesn't happen at the moment, that's the direction of
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regulatory action is to force deliberation of data so that competitors can start new networks and new services that are just as useful as the ones we have at the moment, long-term that's the only way to solve this. stuart: we are very much a financial program and we follow the stock price of facebook, it came down last month on the bat earnings report but now it's going all the way back up again, at least back up to 190 we tend to feel that investors don't believe that facebook will be forced to change its business model and will keep on making the kind of profit that it's making. >> yeah, that's right, because there seems to be no appetite in congress or anywhere else in government either here frankly or in europe, anywhere else in the world to really address those structural questions and that's why it feels to investors like they will have basically the monopoly forever because there's no serious plan being addressed. what you need, people in congress and elsewhere to really understand the deep structural
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questions about why the networks and big-tech companies have achieved dominance and put forward a regulatory kind of antitrust plan if you like to -- to get to a point where you have more competition but there's no sign of that anywhere. stuart: precisely, that's why the stock keeps going up, steve hilton, thanks for joining us as always. we will see you real soon. >> good to see you. stuart: let's check dow 30, overwhelming in the green, most of the dow 30 on the upside, 24 of the 30 are gaining ground. up next, we are joined by shell foley, if she wants to win, she needs to get democrats on board in new york, might be tricky. we'll be back. when my hot water heater failed it rocked our world. we called usaa. and they greeted me as they always do. sergeant baker, how are you? they took care of everything a to z. having insurance is something everyone needs, but having usaa-
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how'd that go? he kept spelling my name with an 'i' but it's bryan with a 'y.' yeah, since birth. that drives me crazy. yes. it's on all your email. yes. they should know this? yeah. the guy was my brother-in-law. that's ridiculous. well, i happen to know some people. do they listen? what? they're amazing listeners. nice. guidance from professionals who take their time to get to know you. stuart: tuesday morning, 23 minutes in, we are holding to a triple-digit gain, the dow at 25,600, now look at this, this is the real clear politics poll, average of all polls on the new york state senate race, democrat incumbent leads republican challenger foley by 30 points in that average of all polls, shelley foley joins us, welcome
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to the program. >> we are moving in the right direction. stuart: okay. fair point. look, if you want to win in new york state, deep, deep blue, you've got to bring some democrats over to your side of the fence to vote for you, how are you going to do that? >> absolutely, that's why i have the reform party nomination in addition to and conservative but i am looking at real proposals that would make a difference to new yorkers and one big one is deducting your rent, why is it that only homeowners are allowed to deduct mortgage and property taxes, it's not fair, it's not equitable. stuart: you couldn't do that on federal return. >> that's what i'm saying. no, federal return. i'm running for federal office. stuart: rent deductible if you make it to the senate? >> absolutely, equitable, $36,000 a year, it would make huge difference, a million renters in new york city. stuart: not bad. what else would you say? >> we are losing so much money. why are we losing so much money?
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40 billion. stuart: who is losing for? >> new york taxpayers, i actually looked at this but i'm also an engineer, i want to improve infrastructure. stuart: wait, new york state will lose $40 billion because of the latest trump tax cuts, what are you going to do rescind them? >> where was kristin gillibrand, she did absolutely nothing, people are asking my position on trump, i said it's simple, when the trump's politicians are good for new york, so many are, look at great economy, however when they are not good for new york, tax bill, i will negotiate and make them better, that's my job, there was nobody in the senate representing any of these high-taxed salt states and i would have been that person and i will be that person. stuart: would you argue with the following, you will win and do very well in up state new york, all north of say westchester, you might win a few counties, long island, the city,
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westchester, rockland you lose. >> i disagree. stuart: you better disagree. >> of course, i only decided to get in the race when i saw path to winning. i wasn't going to take a year out of my life and put my own money in the race, i have done the polls, there is an opportunity and part of the issue is because this is a nonpropertyial year, we will have a lower turnout but we have great proposals, people are saying gillibrand has done? stuart: one? >> she renamed the post office. we need somebody that might actually do something for new york. stuart: thank you very much, we appreciate it. thank you. all right, now we did reach out to gillibrand and have not heard from her at this point. an editorial from me from protestors who harass candace owens and charlie kirk in
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stuart: maxine waters famously encouraged her performers to harass anyone connected to president trump. she said, i'm quoting now, if you see anyone in a restaurant, department store, gas station, you create a crowd. tell them they are not welcome. that is a exactly what the left did to two conservatives who are regulars on this program, charlie kirk and candace owens. they walked into a cafe in philadelphia. four antifa people were already inside, far left people, shock troops basically. got on the phones, organized a crowd. that is right out of maxine waters playbook, create a crowd. within minutes they were outside shouting about nazis. the two conservatives paid their check, walked outside and immediately surrounded by very hostile crowd. someone empty ad bottle of water over charlie's head. others blew whistles in candace
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he's face. white kids supreming about white supremacy at young black woman and black police officers. members of congress maxine waters, urging violence the left is only too willing to oblige. time for democrat leaders to lay down the law, step up to tell the violent supporters to knock it off. that would be the responsible thing to do. now, in june, senator schumer did say no one should call for the harrassment of political leaders. he said that is not right, that is not american. he should say it again. more forcefully. nancy pelosi should join in. we've already seen the shooting of republican steve scalise. the harrassment of sarah sanders and kirstjen nielsen, both women, run out of restaurants. remember last week a woman deliberately run as car into another car with a trump bumper sticker? not only is this harrassment dangerous, not only is it ugly, it also destroys civil
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discourse. which is at the heart of our free speech democracy. we believe in free speech. charlie kirk and candace owens will be our guests tomorrow. this is the second hour of "varney & company." ♪ stuart: breaking news this is the state of the job economy and jobs market, called the jolt report. ashley: if you're superstitious get this 6.6 million job openings. that was on the last day of june. not 666. stuart: it is religion. mark of the devil. >> it was a devilish month for john openings, 6.66 million. hiring came in at 5.6 million. numbers for june is up slightly from may. bottom line, the job market
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remains strong. stuart: i think the market reflects that. right at 10:00 when the jolts report came out the market took another leg up from 110, 146. ashley: there you go. stuart: the jolt report moved the market. did it move big tech stocks? apple opened at a record high. pulled back. now down a buck. it is dragging on the dow just a little bit. but other, facebook at 187. amazon, 1854. et cetera, et cetera. they're all up except for disney. disney reports after the bell this afternoon. there is a lot more on disney coming out now. that is why the stock is up. more on that in a second. look at cigna, express scripts. they oppose cigna's plan to express scripts. oil not going very far today, they do not impose
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sanctions on iranian oil maybe until november. maybe the price of oil goes up at that point. we'll see. right now, 69 bucks. may take on the an testify fa protesters who harassed conservatives charlie kirk and candace owens. i think democrat leaders should get out there say, knock this stuff off. maxine waters is wrong. senator schumer said that should be said more forcefully. >> should be backed up by police enforcement. shouldn't allow any intimidation off any citizen. what democrats can't get through the ballot box, they seek through intimidation and. it has to end by democrats. has to end by politicians. end by police enforcing rules and the law. this is policy of resistance. resist everything trump. in some cases do it with almost
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violence. is that a good election strategy. does it really bring the democrats votes? >> no, it does not, shows american people deep divide. what you can't get at ballot box, we get through intimidation. that is not america. that would be soundly rejected by democrats fair and balanced, republicans for sure. that has no place in civil society. stuart: one of the reasons why i don't trust all polls. because if somebody asks you, are you going to vote for trump, are you going to vote for democrats you might be a little reticent you will tell anybody you will vote for mr. trump or republicans because of the intimidation factor going on here. that was true before the 2016 election. do you think it is true now? >> absolutely. i think there is suppression by people who are willing to tell others how they're going to vote or how they feel. it is a shame that is the state of affairs in america but, look,
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democrats have history on their side with midterms. they tend to do better when republicans control the white house. but having said that, one thing we have on our side, that is a record. we have a record of accomplishment on the economy. we have a record on trade. we have a record on employment. i think running on our record will surely be the easiest path to victory in november. stuart: brad, thanks very much for joining us as always. do appreciate it, sir. thank you very much. president trump tweeting about iran this morning. here it is. the iran sanctions have officially been cast. these are the most biting sanctions ever imposed and in november they ratchet up to yet another level. anyone doing business with iran will not be doing business with the united states. i'm asking for world peace, all caps, nothing less. joining us scott shellady, tjm europe managing director. so you're over in europe. you're an american, fine
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american, but you're over there in europe. the europeans are undermining these new sanctions against iran. i think they're defending their commercial interests. have i got it right? >> yeah, i mean, to some degree that is absolutely the case. i have some stories. heard anecdotal evidence of a lot of european countries quietly shutting things down two or three months ago, getting ready for end of the year, getting ready for iran sanctions because they don't want to run afoul of the u.s. publicly they're doing like they did when trump came over to say nasty things but privately behind the accepts it is a different story here. a lot of folks do support all those moves, a lot of companies support the moves but like you get done saying they are loathe to say it in public because they get beaten up over it. stuart: you said this before, what is said in public by europeans by mr. trump, is a little i different what they say in private about mr. trump, that still true, scott? it is a lot different. there is no hiding the fact i
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love what the president haste done so far. we have a lot of work to do and i don't think the economy, the economy is still kind of fragile if you ask me and what he has done has been fantastic. they like to drag you on and beat you up. at end every day, every cab or lift elevator, if they hear my accent which is very american, they will tell me nine out of 10 times boy i wish we have somebody leading our country leading yours. we miss that type of leadership. stuart: what do they say about your ski glass, bow tie, and jacket? >> they don't ever mention that. just my accent. i don't know why. stuart: good one. i want to talk to you about disney. they report profits after the bell today. they're getting big-time into the streaming business down the road that is. what do you make of this? >> i think that's the way to go. i think way these types of businesses are going, the way
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the world is going. i'm not a "star wars" fan. that is where the story eminated. as we've spoken about before, i want to see first one, in mid '70s, bus my mom wanted to get our mind off our dog dying. every time i see "star wars," i think of my dog dying that didn't work. i think stream something way to go. i think that is a good idea. stuart: i hope you don't tell the european audience, when you talk about trump, tell them about the dog dying and "star wars?" >> no only intimate environment we have here. that's it. stuart: just between the two of us by satellite. you got it. scott, we think you're all right. thanks for joining us. ashley: great. stuart: check this out please. kfc announcing their next colonel, jason alexander. that is who it is. >> oh, my, my. stuart: actor best known for his role playing george costanza on "seinfeld," of course? you recognize him.
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star in series of sitcom ads to promote the chain's fill-ups met to feed a group of four. ashley: he looks pretty good. he is great whatever he does. that is terrific. stuart: that is good. is that a take-off of "leave it to beaver" or something? looks like it. ashley: kind of. stuart: venezuela, arresting six after the reported assassination attempt on president nicolas maduro, blaming colombia's outgoing president for the attack. who is really responsible for the attack though? we'll ask that question to someone who knows. protesters in chicago calling on mayor rahm emanuel to step down over the violence in the city. we'll talk to one of the organizers of that protest. brian kilmeade apparently terrified of sharks. he got the attention of a comedian. we'll talk with brian later this hour about sharks. you're watching the second hour of "varney & company." ♪ fact is, every insurance company hopes you drive safely.
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stuart: almost the high of the day. certainly way up there. we're up 151 points now, 25,654. solid gain. newell brands, the parent of all kinds of companies actually, sharpies, mr. coffee, they're the parent company, they're warning about the dangers of tariffs. they say tariffs could cost them $100 million. investors are listening the the stock is down 4%. hertz a victim of uber. they lost less money. that is good enough for a 19% gain. look at it go. marriott international hotel chain, they gave a not so rosy forecast. investors do not like that. down 2 1/2%. three bucks down. that deadly weekend in chicago, at least 12 dead and 72
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shot. some in chicago are demanding that mayor rahm emanuel step aside, resign. there is a big protest about that last week. reverend ira akry, greater st. john bible church pastor helped organize the protest. welcome to the program. who do you want to be in charge in chicago if it is not mayor rahm emanuel? >> thank you for having me. it is not about having someone in particular in mind. we need a person committed to justice, a person committed to fairness and equity for everybody. this particular mayor he is disinvested on the south and west side of the city. he closed 50 schools. that sun precedented in the united states of america. that is unprecedented. and not only that he closed mental health institutions. this is sad. he is taxing people through their nose. you have to pay fines for these high tickets for parking.
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you have the red light cameras. it is just ridiculous. we need a mayor who can come in and just have them be one chicago. right now we have "a tale of two cities." that is why we have such a mess over the weekend. public safety has to be back on him. stuart: what is the basic problem in the black community of chicago? what is it? >> right now poverty, disinvestment, all of that, until this mayor and the political leadership at large addresses the poverty that fuels the anger, the frustration, how do you do that? stuart: how do you do it? how does a mayor, how does the authority in chicago improve the standards, the living standards of so many people when the city is largely, not bankrupt, almost insulting? the mayor sitting on nearly half a billion of dollars of hud money for those who are
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homeless. he is sitting on it. it appears to me he is engaged in some type of strategic plan of gentrification. there are people who could use these monies, this money, for their housing, and he is sitting on it. secondly, when you close schools in a neighborhood, you decimate the economic engine of a neighborhood because you have people come there. you have people, you have stores who flourish because you have influx of people coming in. this mayor is bad news. stuart: what would you welcome any help for support from president trump? >> absolutely. absolutely. i did not vote for president trump but he is the president of the united states of america and he deserves a fair shake. stuart: well there are many people who, in the black community who won't give him a fair shake, don't want to hear from him. they won't even go anywhere near him. >> well he has been a very
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polarizing figure. some of the bombastic things he has said about black people, you know, you've been with the democratic party for years. what the hell do you have to lose and different things he said about people of ethnicities, you know, this is a reason for that. but -- stuart: do you think the republicans offer, do the republicans and president trump offer anything that would do the black community in chicago good? chicago has been run by democrats, at least for a generation, probably more. >> i agree with you 1 10%. there was a time in my life i was in sync 110% with the democratic party. i want to classify self as independent. stuart: this is very complicated situation. but we feel for you guys. we really do. >> thank you so much.
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stuart: by the way, the dow is up 150 points, let's not forget that. you're looking at donald trump's star on the hollywood walk of fame. it has been pick axed twice, okay? they pick axed it away because they didn't like president trump. it may go away for good. why is that, susan. >> they had a vote monday night by the west hollywood city council they're voting to urge the removal of president donald trump's star on the walk of fame, but they have no authority over the hollywood walk of fame. it is just a recommendation. but -- stuart: they don't like him. is that it? >> you by feel like if you're going to remove donald trump, doesn't that open the door for other celebrities? what about bill cosby who has a star on the hollywood walk of fame, kevin spacey as well? ashley: your political party becomes an issue whether you have a star or not, according to west hollywood. >> -- convictions.
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at what point. stuart: what a situation. really. thank you, susan. coming up, we'll talk about facebook, pushing back on "the wall street journal"'s report that the networking site asked banks to share financial information about their customers. is facebook secure enough have access to your money at all? we will ask the question. next hour remember him? former wwe wrestler. he is about to be the mayor of a city in tennessee, does wrestling breed politicians? ashley: apparently it does. stuart: we'll ask him. more "varney" after this. ♪
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stuart: etsy online craft story, rosy forecast, record high. easy to write scripts like that. it is a record high, some 12%. here is another tweet from the president about the california wildfires, quoting now, governor jerry brown must allow the free flow of the vast amounts of water coming from the north and foolishly being diverted into the pacific ocean. can be used for fires, farming and everything else. think of california with plenty of water, nice, fast federal government approvals. now that came after the spreading of the fires. 440 square miles is one fire. so, where are you going with this? the president says it is the greenie's fault. ashley: water is not a problem. firefighters first tell you we
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have plenty of water to fight the fires. he is taking this, he is talking about water being diverted from farmers to protect fish, the delta smelt and all of that stuff. that's true. i do think that we're in a warmer weather cycle. no one can deny that and i do think that people building in areas they probably shouldn't threatens more homes. this is the fact of life. they're in a terrible drought and but the water issue i don't think that is the biggest problem. >> environmentalists have argued in the past rainwater could be better harvested in terms of fighting the fire they have enough water. they do need to clear more trees in the zone. there might be, the environmentalists say there is some validation in what he is saying. stuart: the president has spread the issue away from just the fires, water to fight fires. >> yes, farming. stuart: he put his finger on a long-running issue of in california, diversion of water going to the pacific, don't go to farmers, don't go to
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consumers. he has a fair point there. he is taking on the greens full tilt. gone right at them in typical trump style. >> governor jerry brown says climate change and real time -- yeah. stuart: climate change. okay. i say no more. something important coming up. here we go. candace owens and charlie kirk were indeed harassed by antifa protesters in philadelphia. in my opinion the democrats have to come out, democrat leaders, you have to come out and tell your supporters knock this stuff off. this is not good for the country. brian kilmeade, you think he is a tough guy? i do. i think he is a tough guy. this man is really scared of one thing, and that is, sharks. a comedian noticed that fear. dwelt on it. brian is next. ♪
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i love cake. finding the right aarp medicare supplement plan for you could be just a quick call away. so...call. ♪ it is good. still a little early. we'll take it. the producer saying -- ashley: you are working too hard. stuart: as long as i get my beatles fix at 10:30 eastern time weekday mornings, i'm a happy camper. look at that that will make you happy, the dow industrials up to a nice start, 2/3s of 1%. session high. facebook up at 17. 187. alphabet at 1264. microsoft at 108. big tech names mostly doing pretty well. let's get to facebook. they say they don't want your
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private bank information. they don't want to know about your checking balance. they don't want to know about your credit card purchases but they do want to put your banking information or bank stuff on a messaging system. not quite sure i understand it, but they say they are to be trusted. joining us now is jim anderson, total flow ceo. so, let's discuss this. do you trust facebook not to use some kind of financial information about you to direct ads a at you, answer that one? >> was it ronald reagan said, trust but verify. stuart: yeah. >> i do trust them but i want to see independent verification they are not misusing data. they say they are not going to but use it for a specific purpose. that is okay. stuart: do you trust facebook, to keep that information, whatever i supply them about my bank records and credit cards, whatever i give them, do you trust them to keep it absolutely secure? >> i do. i think they have the technology to do that. with verification.
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i want to opt into the system. i don't want them to take my banking data without their permission, if they do that, i trust them. these big tech companies are good at privacy when they want to be. stuart: when i want to get into my bank account, they have to send me a code number, which i then have to punch in to get into the account. >> right. stuart: now that is secure. that is pretty good. >> i'll tell you, facebook, google, the other big tech companies, they take it to the next level. they do the same things. generally have much better user experience. they encrypt things. they use cryptographic things. we think of cryptography with the nsa and the cia. facebook uses cryptographic functions every day in the advertising business. they actually do a really good job keeps things private when they want to. stuart: why are they doing this? is it because they want banking services to be on facebook? that is the vehicle for banking services? >> on facebook messenger. it was a part of facebook.
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they split it out on separate app. they want facebook messenger to be the front end of your bang account, at least checking your balance, fraud alerts, those kind of things. their commentary said they're not getting into the payments business, next logical extension. you are at dipper, want to split the dinner check. facebook message me $20. we settled up rather than using cash. millenials don't like cash. they want to do things with their phones. stuart: this is all together a good development from facebook. they're on track, that is why the stock is going up. >> i think so. stuart: yeah? >> yes. stuart: it is bouncing very nicely. 217 was the high. weren't down to 160, 165. now it is back up to 180, 190. folk back up again? >> they had 42% year-over-year revenue growth with the biggest market loss in history. shows you how much people expected facebook to grow. people were reacting to the
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slowing groth numbers. the fundamentals are not any different than they were before the latest announcement. stuart: jim anderson tells me, this is your line of business, don't worry about them directing ads towards me because of my bank account, don't worry about the security of my bank and financial details, don't worry? >> i think we want to get more information. they have said they don't want to use your bank account balance to identify ads they target at you. i would absolutely they want to make sure they stick to that, when we see the disclosures. when i opt in, say it is okay to give my bank balance on facebook messenger, i want to see the language you do not use that in targeting. think that is fair question. frankly public reaction will force them to take the position. stuart: security is a big deal to me. jim, thanks for joining us, appreciate that. facebook stock indeed going up some more today. let's get to tesla going up some more today. elon musk tweeted about a mini tesla. what is that. ashley: call it mini tesla.
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yes. there's a company called, yes, radio flyer, that puts out these tiny electric kars for kids, age groups, anywhere three to eight. they make one version after tesla s. someone tweeted out when will you make the suv model, the model x for kids. tesla, or elon musk over the weekend responded we're thinking of making a mini car that would fit an adult in it. i think that is a joke. i think it is tongue-in-cheek. he likes to use twitter to make a lot of jokes. he uses twitter to announce new products and all sorts of information. people say, he will make a mini car for adults. i think it's a joke. stuart: he likes to make headlines. ashley: we talk about it. stuart: we buy it. he is a fascinating business guy, isn't it he? ashley: he is. stuart: he is out there and says some outrageous things but running an extraordinary company, making huge waves. ashley: the ultimate
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entrepreneur. we're excited to see what he will do next. stuart: not afraid to say that. ashley: mini car for adults. stuart: the stock keeps going up. you can't complain or argue with that it is 10:36 eastern time, time to bring on the radio brian kilmeade. welcome back to the show. >> thanks for having me on, stuart. stuart: i don't know if you saw it, my editorial at top of the hour i'm really upset about the harrassment of two people that appear on this program regularly, candace owens and charlie kirk. we got video of it in philadelphia. they were in a restaurant, basically antifa along, gets them out and hostile. what do you think? >> they will join us on "fox & friends" today and will join me on radio in 35 minutes, candace owens. they're having a meeting for turning point in philadelphia. why would they do that? , the birthplace of democracy? the birthplace of america, with the liberty bell is. they thought they would do this thing in the morning, have
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breakfast. they are spotted by antifa people that want to have breakfast. they blow a whistle. how does this look familiar? stephen miller, protestifiesed screamed outside of his wife. a key advisor to the president. nielsen family out with her husband. they are cream screaming at a restaurant. same thing with sarah huckabee sanders. kellyanne conway has been harassed in supermarkets. that is pretty much what maxine waters said for everybody to do. they're following orders. they color their hair purple or yellow. that is the big decision. they have no school. they put in nose rings. go harass people that don't agree with them politically. stuart: i think it ruins social discourse in this country and i hate to see that i why us do. what would you do, if you were in restaurant, antifa comes along and outs you what would you do? charlie kirk, and candace, they responded with a lot of class, a lot of style. paid the bill, walked outside
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and laughed it off. what would you do? okay, don't answer. >> i would have a little problem with that after he was hit with water, you're now allowed, i don't know if you have law enforcement on the set, if you're hit, you're allowed to defend yourself. he was slammed with eggs and hit with water. and i guess they want that type of reaction, but it is hard as a human being to see people in front of you bully, having a blow horn in your ears. by the way, they called candace owens a white supremacist. i don't know if they notice it is almost impossible for candace owens to be a white supremacist. i think i would be controlled, but would be very hard to be controlled. they do try to bait you into some type of fiscal attack. i don't know where it stops. i just laugh at the fact, brian stelter, other people and other channels concerned about media attacked. i am. i wish the president wouldn't say enemy of the people things like that, absolutely.
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the main concern of steve scalise bleeding to death at second base, all the people i ran off trump officials take getting paid very little money being taking huge pay cuts, 40 hours a day, to give a form of service, what quality people will do this, get involved in causes? start groups that play such a role in our country, if this is the type of blowback you get? who wants to live in this type of environment. you're out with your kids, all of sudden they're in trouble. stuart: i told the audience this was coming. i have to deliver it. we know you have got a big fear of sharks. here is you talking about your favorite big fish. roll tape. >> now this. >> and now, "fox & friends"'s brian kilmeade is definitely afraid of sharks. >> it's "shark week" and we have real sharks. need proof? that is what they look like. surfers getting eaten by sharks. who -- almost got eaten by sharks at seaworld. how many sharks do you have, how
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do you see them. why are you not intimidated by sharks. why are big creatures coming close to shore. don't there seem to be too many sharks. stuart: are you terrified of sharks? is that true? >> listen, i don't really, i can not believe they put this montage together over the last 10 years of my shark references but on some subconscious level i think there are too many sharks. and i do feel as though they're getting angrier and angrier by the year. cut that off. i made hours of shark comments. i had no idea. their library or search engine is incredible on hbo. stuart: yeah. you hear that music? played that just for you. taking you out with "jaws" in the background. kilmeade, we're out of time. you're all right. we'll see you again soon. >> thank you very much, start varney the newest -- stuart: new york lawmakers have approved a bill that would give employees three months paid
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bereavement leave to mourn the loss of a loved one. i'm serious. lieutenant governor of new york, formerly, betsy mccaughey will react after this one. that is in the next hour. president nicolas maduro's regime still reeling after a report of a assassination attempt by a drone. maduro blames colombia's outgoing president. i wonder who it could be, who flew the drone and exploded that thing? we'll ask the question next. ♪ year, i am sorry about that. [music playing] (vo) progress is in the pursuit.
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♪ ashley: president trump is facing criticism from environmentalists for his tweets on the california wildfires. well, katie pavlich told us last hour his critique is actually accurate. take a listen. >> has absolutely everything to do with forest management and overregulation of the national forests in this country. if you go back to the 1970s and '80s before the endangered species act, before a lot of clean water regulations by the way help they have used too much, we didn't have the massive wildfires because the forests were properly managed by multiple use. allowing ranchers to graze animals on the land. allowing loggers to take away smaller trees so they weren't competing with the larger trees in those areas. so over the years, the u.s. forest service has been unable
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to keep up with the management that they need to make sure these massive wildfires don't happen. ♪ to give venture cardholders 10 miles on every dollar they spend at thousands of hotels. all you have to do is pay with this at hotels.com/venture. 10 miles per dollar? that is incredible. brrrrr! i have the chills. because you're so excited? because ice... is cold. and because of all those miles. obviously. what's in your wallet?
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president maduro escaped a assassination attempt when a drone filled with explosives went off fairly close to him. left side of your screen. six people were arrested. joining us, vanessa neumann, our resident expert on venezuela. that is what you are. >> thank you for having me back. stuart: who did it? who put that drone up there? >> his own military. stuart: you think? >> oh, yeah, definitely. definitely. i have no doubt about that. stuart: why? >> because i know people in caracas. stuart: i don't know anybody in caracas but you do. >> the military has been absolutely, use kids as sort of proxies to run this irony this military parade usually occurs in the military for the. he celebrated it 81 years, displayed on main avenue, that was mistake. once they move i had it from the military port to main avenue, boom, we have opportunity to fly in some drones. now the kids who have been
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captured and, you know, they will basically be sacrificed unfortunately but there have been long rumblings, i have been long saying on this show his military is not happy. if you think, just to confirm what i'm saying, no one really, none of his real supporters spoke out. like afterwards, he said, oh it is a plot by the u.s. and colombia. he can't really say it is my own guys want me out. stuart: no, he can't. >> that is the one thing you can not say. stuart: do you think it is beginning of the end? >> yes. it is. stuart: if the army is against him, it is virtually over? >> unfortunately i think it will take more time, get far more worse, far worse. you will have i think more violence and anarchy, i think you will see more bombs going off. stuart: that is not good. >> it is really not. stuart: what should america do? yesterday i editorialized i said we shouldn't do anything. >> right. stuart: if we do military exercises, we have a problem with that. cia gets involved and knocks him
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off, we have a problem with that. if he sends food, he will use the food to keep in power. >> correct. the food will go to the military. unfortunately they will wait this gets really bad. there will be more bombs going off. when that happens, then the u.s. will have to get involved with brazil and colombia who are the bordering countries. stuart: this is really a terrible tragedy. >> it's a horrible tragedy. this is my hometown. i know those streets. stuart: it's a rich country. >> it's a very rich country. it was proven, reconfirmed by the eni, the italian oil company, came out with a study saying venezuela has absolutely the world's largest reserves. incontrovertible. the oil company said that. defense news and stuff, they're like, oh, invest in drone-jamming technology. so apparently if your viewers, that stock is going to be going up. stuart: whatever it is. >> but unfortunately venezuela
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is going to go down. stuart: now the oil company in venezuela is owned and operated by the government and or maduro's cronies? >> absolutely. it is government controlled. it has been. what happened he ran it into the ground. they overspent when the oil price was very high. spread the money all around to, to proxies to try to take control over the hemisphere away from the u.s., away from u.s. influence, basically through corruption. then they stole a lot of the money. they didn't invest. they can't even produce. they run the whole country into the ground. you will see a rise in violence. i'm going to call it anarchy and terrorism. stuart: but it is not over yet? not out yet? >> it is not out yet. it is not out yet. but i think this can't hang on more than a few months. i know i said that before. i said that. stuart: vanessa neumann, thank you very much. >> thank you. stuart: there will be more "varney" after this.
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endorsed by aarp. selected for meeting their high standards of quality and service. call unitedhealthcare insurance company now to request this free decision guide, and learn more. like, medicare supplement plan, give you the freedom to go with any doctor who accepts medicare patients. it's nice to have a choice. and your coverage goes with you, anywhere you travel in the country. we have grandkids out of state. they love our long visits. not sure about their parents, though. call unitedhealthcare and ask for your free decision guide today. stuart: coming up, five states head to the polls today. there is a couple of things they have got in common. we'll discuss that very, very shortly. >> >> i want to talk about gaming. on the left-hand side of your screen. our next guest says women make up substantial portion of gamers around the world but she says they're being ignored.
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joining us kate forman, fort mason game founder and ceo. could i generalize and ask, what kind of games women prefer? would i be right saying maybe they prefer "candy crush," solitaire? am i allowed to say that? >> hi, stuart. thanks for having me. generally i think what you're say something that women are playing mobile games and yes, games like "candy crush" and solitaire and more casual games are more popular among women. stuart: okay, look. the big money games, like "fortnite" for example, would draw in billions of dollars, can i say, can i ask do many women play that game? >> so, while "fortnite" is really popular, women play games, as what we see from fort mason games, to relax and destress. they're playing games that allow
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them to solve puzzles. we make social casino games. so those really allow women to have these small bits of relaxation and entertainment throughout their day, rather than having these long, sessions that are really intense, something like "fortnite" or traditional console games. stuart: do you specifically put out games that you think attract women? >> we make games for everyone. but we certainly make games with women in mind. 65% of women in the u.s. are playing mobile games. at fort mason games, our confetti casino product we see 7% of women playing our games -- 70%. we're designing for everyone, we're thinking about the majority of our audience and how that fits in their day. stuart: is that a little sexist, do you think? >> not at all. we're trying to think about who your target customer is. so we make different sorts of themes. you can escape into each slot machine. we're just thinking about what appeals to different people from
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different backgrounds and how they're playing throughout their day. stuart: okay. >> not to specifically for women or men but thinking about everyone. it is really more inclusive than it has been in the past, particularly with that focus. stuart: how do you make your money? i presume that the games you're putting out i download for free on my little phone here, how do you make your money. >> absolutely. you play games for fry. as pretty much all mobile games you pay for enhancements. if you want to play more, have special features you can add a little bit more on to that. generally most of our people play for free. stuart: are you doing well? are you making a ton of money? >> so fort mason games, i founded it in 2016 at 26. we're doing really well. i'm really happy with it. we're going after the the 70 billion-dollar mobile game market. we hope to take that over sooner rather than later. stuart: that is a very good
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answer. thank you. we'll follow your progress. >> thank you, stuart. stuart: five states, voters there, two things they have to focus on when the results come in. we'll tell you what those two things are because this is important. vote today, rain. results tonight. back in a moment. . . i don't know why i didn't get screened a long time ago.
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so call today and start with a free health assessment to understand your best plan of action. so why didn't we do this earlier? life line screening. the power of prevention. call now to learn more. stuart: two things to watch for when the results of today's voting roll in, number one, the influence and importance to republican candidates of a trump endorsement. number two, the influence of the far left, the socialists on the democrat party. i'm going to start with the trump endorsement issue, yes, he came out yesterday and backed chris in the republican runoff for governor of kansas, the president side-stepped the sitting republican governor jeff, that's unusual. kobach said the president is strong and early supporter of mine, at issue how far will trump's endorsement go. we will find out. now look to michigan to see how
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far the socialists can go. foe -- focus on abdul, one of three candidates competing to become candidate for michigan governor's race. bernie sanders campaigned for him in detroit, he's way out there on the left, very much in the style of alexandria ocasio-cortez, he may not win but a strong showing would reinforce the view that the far left is on the march within the democrat party, this time tomorrow we will have a better idea of president trump's standing and how far left the democrats will be taken by their base and with three months to the midterms we will have a much better idea on what to expect in president trump's third and fourth years, fox business will start coverage of election results tonight, the third hour of varney & company starts now. note ♪
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♪ stuart: all right, check the big board, not quite the high of the day, close to it. now up 160 points, 25,600. we have a rally on our hands, this follows some positive news on the labor market that came out at 10:00 o'clock eastern time. 6.6 million jobs going unfilled, that's a big deal. now, let's get to my editorial, peter mauricie is with us. peter, the democrat national committee suggest that is the republicans, the republicans would be insane to run on trump's growth agenda, what's your comment on that? >> well, trump's growth agenda is working out very well, the economy is proforming very well so i think it makes sense for them to do that, the question is how far does it carry which you asked about in your opening remarks, and i think it's worth something because it'll bring out his base if he goes out and campaigns for people like he did in kansas. stuart: what happens to the
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market and what happens to the economy if the democrats win control of the house in november? >> well, i think it depends by how much and what happens in the senate, if they get both chambers, i think the market is going to be in trouble. if they win the house by narrow margin, i think it's priced in. they really can't do very much with a 10-seat majority in the house, upset the president because if the republicans hold the senate, the republicans hold the senate. stuart: so you think steady as she goes, no major policy moves either way if the democrats win the house and if the republicans keep control of the senate by a couple seats? >> especially if they pick up a few seats in the senate which is possible given democrats for reelection. stuart: reinforce that, if they pick up a couple of seats and extend majority in senate then something is possible, we can get something done? >> no, i don't think that we can necessarily get something done, that would tend solidify the view in the market about the economy that it's steady as she goes. stuart: hold on, peter, come in
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scott martin, king's view asset management fox news contributor. if the democrats take the house in november, the republicans keep the senate, i'm assuming they will, if the democrats win the house, what happens to the market? >> i think the market goes down. to me against the trump agenda, stuart, it throws in some cautionary tales, how do things pan out in the trump presidency, to me i get peter's point, hey, steady as she goes and, yes, the house does flip, to me i still want to see trump maintain control of this economy and that's really what's going on, look at the market today even, we are hitting new highs every other day or so because of the fact that these trump agenda points are working. stuart: let me ask peter one last question, peter, if the democrats take control of the house in november isn't that opening the door to impeachment or at least the impeachment process, wouldn't that hurt the market and the economy? >> i don't think they have grounds for impeachment.
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i think that would be doing something very, very foolish that would really fracture the nation and be terrible for the markets, i think the democrats like to talk about impeaching mr. trump right now because they can't impeach mr. trump right now, it's one of those things, like republicans like to talk about cutting entitlements and balancing budgets when they are out of power, so, i don't see him getting impeached unless he does something that is beyond what he's already done which -- like he fires mueller. stuart: okay, we have you, peter. i want to talk about disney, the stock has been on a tear. >> yeah, finally. stuart: you don't like it? >> no. i got burned by disney in all fairness. here is the thing, there's parts of disney do i love and my kids do too which includes pixar, amazing movies, i'm huge fan of pixar movies, theme parks, awesome, the broadcast stuff, traditional media. stuart: they are going to start a streaming service. >> finally. what year is this?
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stuart: they are spending $100 million on the star wars portion, $10 million an episode, they are going to compete with netflix. >> i guess they may which i'm shocked that people are still into star wars, i thought that was 2015. you know what's interesting, stuart, i have to quote one of my favorite movies till we meet again, i think disney will be viable company to invest in, yeah, they are starting streaming service, optimism around the stock but it's also made good run up to this point in the last 3 months. i'd be a seller here if i owned disney. stuart: you would be a seller. get the money and run. >> my money has ran. [laughter] stuart: tell me how you were burnt? >> we owned disney 4 or 5 years after financial crisis and lagged the s&p and then trailed a lot of broadcast networks, trailed a lot of traditional media just because it wasn't performing. i mean, you know -- ashley:
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espn. >> espn drug it down and that's still going to dog them. pixar -- >> espn the streaming service now, espn, monday night football games or sunday night football games. they have made $6 billion in movie history. how can you say movie division is not performing? >> the movies mixed in with all the bad still. if they would spin out pixar, i would be all there. >> lucas film. >> you have the star wars franchise. >> which is not doing badly. what are the complaints? they made more than what they paid for. >> you have to watch around them. the thing to me, though, there's better ways to look -- i still go to netflix, i still go to straight stream on netflix. that's where a lot of the money is going to be made but the plus that disney has rallied up in the last 3 months and netflix took a hit on earnings, that to me is a better buy. stuart: you were not burned by
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disney. i was burned by boston market. >> a friend of mine lost his shirt on people's express, oh, wait a minute, that was you. [laughter] stuart: thanks for your input scott martin, it was a pleasure. all right, now this, general motors has made a deal with a detroit-based hospital system, offer new healthcare option to employees, what is it, they are trying to streamline costs? >> lower costs, improve care, trying to side-step cigna, aetna and the like and we know that healthcare costs have been going up, so why not just go direct, according to some of the numbers i've seen, you know, this is providing a cheaper option, you could safe maybe 300 to $900 a year for employees who solicit the option direct and interesting that gm is working with ford because the henry ford health system that they are using in detroit. yes, stuart -- >> i was going to jump on with scott here -- >> jump on something. stuart: would you buy general motors, would you touch on
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industrial stock you youngsters you don't like it? >> i don't know who the youngsters are i would like to meet them. i wouldn't talk general motors even with susan's money. [laughter] >> automakers to me are in a lot of trouble other than tesla. >> here we go again. here we go. stuart: we are done, i want to talk about spacex, successfully launched a new satellite, i'm sorry, i thought you -- >> is this elon musk channel, is that it? [laughter] stuart: that was -- that's reused rocket that took off there, falcon 9, took off from cape canaveral last night, upgraded boosters can actually go to space and backs 00 times, the satellite provides telecommunication services in parts of south asia. successful launch last night. came back too. the wwe super star known as kane, he will be the next mayor of tennessee. >> of course. stuart: he's breaking down stereotypes that people have about wrestler, he's going to join us.
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i want to know is wrestling good training for politics? i suspect it is. >> apparently so. stuart: small businesses in new york up in arms after lawmakers passed a bill that mandates 3 months of paid leave and even includes grandparents and in-laws, can you believe? we are on it as the third hour of varney & company gets started. we will show you new york city, hazy hot, somewhat humid. you wouldn't accept an incomplete job from any one else. why accept it from your allergy pills? flonase sensimist relieves all your worst symptoms,
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>> there's a reason they call bereavement bill. it's another nail to the economy. stuart: how could you, people need time off when a loved one passes? [laughter] >> your in-laws, right? what's happening in new york, they are putting into effect a 15-dollar minimum wage in new york area, they just put into effect 12 weeks required paid leave when anyone in your family is sick, right, it's one thing -- new york already has such a huge tax burden, it's ranked dead last or near dead last in economic outlook and now on top of all of that they are piling on with another burden. i know that andrew cuomo is making new signs for highway that say new york's economy closed, no more hiring. stuart: tell the audience that he is not creating those signs? >> oh, yes, he is. with these bills he is and yet
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he will feel under a lot of pressure to sign this because he's trying to move to the far left as possible and own liberal bonafide before presidential primary. stuart: you know what bothers me if you oppose bereavement leave, if you oppose that, you are insensitive? >> how about insensitive to the people trying to run a business? stuart: they don't count. >> how much more staff when somebody is taking time off, not simply because grandma is sick but now anybody in the family dies you get another 12 weeks. stuart: i suspect they'll be some people celebrating for 3 months when an in-law dies but i shouldn't be saying that. [laughter] stuart: very harsh. i will move on, betsy, before i lose the wonderful job. [laughter] stuart: drug maker they are not going raise prices, frozen prices, they credit the trump administration's effort to get pricings down. they are saying, freezing prices and trump did it, what say you?
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>> in fact, he did, listen to rhetoric. he said that he wants drug companies to stop raising prices or else and look what happened, first week of july pfizer said no more price hikes, third week of july, merck said we are not raising prices, in fact, we are lowering prices on popular drugs. here comes amgen. stuart: i get the point, if you want to get dug prices down you have to have a much more intense policy. >> well, he does. he's using trade policy because it's the foreign freeloaders who are forcing drug prices so high here, americans -- americans consume 46% of ta -- patented drugs and provide 76% of the profit and european markets buy the drugs for marginal price of the next bill, who is bearing
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all the r&d costs, americans, that's what trump is going to fix with trade deals. stuart: you think that drug prices across the board, prescription drug prices will come down substantially because of president trump's policies? >> at least prevent further increases and let me tell you -- stuart: i'm looking for declines, do you think they will come down? >> why are you looking for decline, i'm going to ask you, stuart -- that's true. we also have proof that those pharmaceutical products lower the overall cost of health care because they keep people out of the hospital and off the operating table like anesthesia reversal drugs, for example. [laughter] >> you are the formal lieutenant governor of the state of new york? >> i am. i believe that pharmaceutical innovation is one of the keys to controlling health care costs. stuart: that is true.
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betsy, you're all right, thanks for joining us. [laughter] stuart: now, a couple of individual stocks that are moving, marriott, down 2%, why, they gave not a so rosy forecast, down 2 bucks, nearly 3 bucks, 126 on marriott, the white house reportedly getting ready to release its middle east peace plan, our own middle east expert david ruben, does it include a one-state solution or a two-state solution, i think he has ideas on that. when it comes to retiring where you live can make or break the golden years, can you guess the state where $1 million in retirement savings will last the longest? we have the answer coming up. but first, check out pennsylvania. that would be philadelphia, pennsylvania. ♪ fact is, every insurance company hopes you drive safely.
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but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands?
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xfinity internet. which could save you hunreds of dollars a year. plus get $150 when you bring in your own phone. its a new kind of network designed to save you money. click, call or visit a store today. we're all under one roof now. congratulations. thank you. how many kids? my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management. stuart: if you've got a million bucks in retirement savings which are the best states to retire to? where will your million bucks go furthest? i believe we have a list of the best states, go.
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>> best states, i wouldn't call it best state but the place where lasts longer, mississippi is number one. $1 million would last you 25 years, 11 months 30 days. number two, oklahoma, 24 years, 8 months, 24 days, michigan, 24 years as well and arkansas same thing, alabama, those are top states where 1 million goes the furthest, i wouldn't say best, depends on the quality that you're searching for in retirement. five most expensive states how about that? at least a million dollars. yeah. i know, this kind of chatters my dreams of retiring in hawaii, a million dollars only lasts 11 years, 8 months, 20 days, california, 15 years, 5 months and 20 days, hawaii and california are the only two states where the average living costs per year and retirement is over $60,000. it's pricey. new york comes in number 3, alaska that was surprising to
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me, alaska is not cheap. yeah. ashley: have to ship stuff up there. >> 16 years. maryland 16 years and 8 months. depends on quality of life and what you want to do in retirement. for you, you will never retire, you know that. [laughter] stuart: in alaska you spend 6 months of the year in darkness. i have a story, ash, drinkers in europe, there's a shortage, why? ashley: should be the lead story, let's be honest. [laughter] >> ashley: carbon dioxide problem, a real impact on beer, however, we can put for climate change, the heat wave, europe has been decimated, it's decimated bali crops and it's big part of beer, so by 500,000
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metric tons the crop has been cut, so prices are going through the roof, also for gin and vodka that are made with bali, the only bright spot and there's bright spot, the hot summer in year has been tremendous for wine growers. beer to wine. stuart: as simple as that. you switch. ashley: tough summer. >> from beer to rose. stuart: ashley webster global warmer. ashley: global alcohol expert. stuart: serious stuff. new sanctions on iran, they went into effect, they are in effect, tehran denied access to u.s. dollars and denied access to gold, america's going after the mueller's money. now, how close is iran's economy to collapse because i think they are pretty close, we will ask that question of an expert. new york's governor cuomo going
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points, 25,654. that's where we are. to iran, president trump reinstating sanctions and he tweeted this, quote, the iran sanctions have been officially cast, these are the most biting sanctions ever imposed and in november they ratchet up to yet another level. anyone doing business with iran will not be doing business with the united states. i'm asking for world peace, nothing less. bring in our own middle east expert david ruben, david, we hear that iran's economy is close to collapsing, you know more about this than i do. how close is it to collapsing and will these new sanctions push it over the edge? >> well, it's going in the right direction, stuart. the sanction -- you have to remember what sanctions are for, the purpose of sanctions is not to destroy nuclear weapons, the purpose of sanctions is to create political climate, political dynamic that will lead to the destruction ultimately of
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iran's nuclear program. so it encourages the opposition in iran and -- and it weakens the government by weakening the economy. stuart: we hear that the real, iran's currency is virtually collapsed, that there are shortages of basics, that the price of food goes up by the hour, they are going to dreadful situation and on the left-hand side of the screen we have mass demonstrations throughout iran, again, i have to return to it, they look to be pretty close to collapse. what do you say? >> well, the real is about 1 to 1,000 to the u.s. dollar and growing or weakening and -- and the reality is that as it weakens further and that's the economy weakens further, they're going to be more demonstrations, the opposition is going to be encouraged, the people, the men in the street that are suffering
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from this is going to be encouraged, so a lot could happen, the dynamic is very interesting, it could cause for -- could cause the regime in iran to be overthrown. stuart: it's like that i'm sure. now the white house is prepare to go release its middle east peace plan, what's the -- do you happen to know anything about the peace plan, i'm sure you do, does it have a one-state collusion or a two-state solution, can you tell us that? >> well, i haven't read it but my impression from everything that i've heard from everything that's coming out that the focus on the two-state solution, two-state solution, one-state solution, they are not even talking about that. it's really a nonstarter at this point because there is no partner, there's nobody to -- there's nobody to give a state to, not that they deserve it,
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the palestinians are probably the one people that deserve an independent country the least, you know, the consecutive leaders of the palestinian authority they are the fathers of modern terrorism in the world and, of course, hamas has taken it to another level, so i think what we are going to hear is that they're going to try to encourage economic fees, they are going to try to go in stages, first let's see if they can live together peacefully as people without trying to launch terrorist attacks against israel. if they can do that, then maybe it can be moved to another stage, but you can't talk peace -- stuart, i think we need to take out the rose-colored glasses this time and i think we
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need to understand you're not going to have peace if you're talking about taking a piece of this tinny country called israel which is about the size of new jersey and giving it over to a band of islamic terrorists, it's just not going to work, you have to be realistic this time. stuart: we hear you, david, as always, thanks for being with us, we will see you again soon. >> my pleasure, stuart. stuart: thanks, the dow is holding onto nice gain up 150, meanwhile the nra is suing new york governor andrew cuomo, the nra says they could be forced to close their headquarters, judge napolitano is with us. so the question to me is can the government in this case the new york government, can they direct and tell financial institutions to keep away from a legal business? >> well, yes and no, i mean, they've done this in accordance with their own regulations, what they have attacked is a brand of insurance that the nra sells to
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those who are licensed to own guns, if the gun accidentally discharges and hurts someone, the insurance company will pay the cost of defending the person whose gun was discharged which is actually a positive thing because there's a cash of money there for the injured victim to sue. by instructing the insurance regulators in the state of new york to make that policy unlawful, the governor has interfered with interstate commerce, the ability for people to cover from one state to another state with insurance policy, for the governor, he's openly admitted that he did this, he openly did to target nra, not to help or modify the insurance market. i think it's a slam dunk for the nra, but they have to sue in federal court, you don't want to sue in state court where appointee may have been
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governor's former campaign manager. stuart: yes, okay. i take the point, judge. >> okay. stuart: something more important for you, 40% of people don't know what the first amendment guaranties. i don't think they can name a single -- >> they couldn't name the freedom of speech. stuart: they could not name any freedoms guarantied by the billl of rights. >> what about the free exercise of religion to keep the government from taxing us to pay for the church of england as was once the law? stuart: i believe there's free exercise of religion in the bill of rights. >> freedom of association. stuart: yes. >> freedom to petition the government. here is one that's not in there but the court says it's there, it's the reciprocal of freedom of speech, freedom to remain silent also in there, so the right to silence derives from the first amendment which protects your natural expressive activities, the government can't
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force you to express an opinion. stuart: what do you make of the idea that 40% of us can't name a single inshrine freedom? >> public school system, no competition, guarantied income, guarantied clients, recipe for failure. [laughter] stuart: sums it up nicely. we will see you later. now this, unions in missouri are facing quite a test, voters there will decide today whether unions can force workers to pay, jeff flock, get to the heart, what is it all about? >> right to work, there are 27, 28 if you count missouri because they passed right to work bill becoming the 28th right to work state but the unions were instrumental on getting on the ballot, i like this because it's not about penalties, it's about policies, voters will be able to weigh in on this and the unions would make the argument, you may have made the other argument, the unions would say we
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bargained for the entire workforce in a particular company, if we get a benefit, the nonunion members get that benefit also, so we should get a fee for the bargaining that we do, well, you know, you made the other argument. let me show you, though, in terms of what's been spent on this race, labor has far outspent the right to work movement by 15 million to about 3 million. they originally we wanted to get that in the ballot in november but now it's on the primary ballot, but the unions feel like they are going to win this one and stim the tide. stuart: do you have any idea what the polls are saying? i know it's a limited poll, but any idea? >> last poll was in april and it showed 50/50. they feel that the unions with the spending that it's done have the edge on this one. stuart: jeff, thank you very much for joining us, again, see you soon. check the big board, we haven't gotten very far in the last half
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hour, we are still up 150 points, the dow still at 25,600. again, i want to get back to hertz, i did call them a victim of uber, a lot of people take uber don't rent a car, well, now hertz has come back, why are they up? what's the reason? i missed the script. they lost less money. ashley: which is good or bad? losing money. >> they have been losing so much money in the last few years. stuart: the market expects them to lose this amount of money, the analysts say expect this and when it's better than that, the stock goes up even though they lost money. >> all about expectations. stuart: charlie kirk and candacae harassed in cafe, when would the democrats condemn this kind of thing? i'm still waiting, look at houston, now houston in august, can you say humidity?
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field says they are picking mortgage lenders of america which originates 4400 mortgages in last year over 2017, the terms were undisclosed, however, this they say is acquisition that foundation for the company, tough to get a mortgage and time consuming but in the meantime they want you to be able to use zillow offers, buy and sell homes and be able to get mortgage, they say it all lines up and streamlines your purchases, meanwhile stock down 9 and a half bucks, cutting numbers after the companies shocked wall street in homes and rentals businesses, keep it right here on varney. ♪ ♪
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to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com stuart: nascar's chief brian france taking leave of absence after arrested while intoxicated in new york. >> indefinite to leave of absence and uncle will be stepping in. grandson of the founder of nascar and he was found, yes, stopped on sunday evening, he failed at a stop sign, when the police stopped him he smelled alcohol, slurred speech and apparently they tested him and he had twice the legal limit of alcohol in the system at the time and also oxycoden pills.
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stuart: you can't run nascar -- >> he's expected in court september 14th. stuart: sufficient situation for him, for everyone, back to this story, two conservatives, both regular on the program harassed at a cafe in philadelphia by antifa people, the left -- the antifa folks were following advice of maxine waters. come on in, howard kurtz, media buzz host, howard, i think it's time that democrat leaders got out there and said, hey, knock this off because this ain't right, what say you? >> first of all what happened to candaca and charlie was outrageous, it was clearly organized by antifa and it's extension when we first start today see people that worked for the white house, sarah huckabee sanders and kirstjen nielsen, kicked out of restaurants,
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yelled at, some pundits, maxine waters said it's perfectly fine and now extending to the level to people who support donald trump or conservative and since republicans were asked about sarah sanders and other republican incidents, i would like to see democrats condemn to say they don't support this. stuart: it's more widespread than just people who are known public figures associated with president trump, you a trump bumper sticker on your car, you could get some damage done to your car, i mean, there's intimidation going on here for anybody who shows any support for president trump, i think that's a terrible thing that's come to this, i mean, destroying our civic discourse, isn't it? >> i think it's really ugly, it does the norms of society and they're getting a fraction, tinny fraction of the media attention compare today say, for example, some people in trump
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rally last week yelling and cursing at cnn jim acosta, that's wrong too, but seems to me that if you're going to uphold standards of people should be treated decan'tly regardless of political views and has to apply to all sides. stuart: absolutely right, howard, it's amazing how many times you and i agree these days, unbelievable, be careful, don't get too close. "the new york times" standing by its teched or -- tech editor, nw she's still employed, i think she's part of editorial staff of the times now, what's your judgment, howard, is the times right or wrong in this? >> this wreaks to me double standard and horrible tweets have come out since then, she has done blank of the police and cops are and aequated trump with hitler, the new york times editorial board apparently feels that that's all right, earlier
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it was said and she said, well, she regretted this and she was responding to online hate that she was getting as asian-american woman but i cannot imagine the newspaper not unhiring shall we say somebody who has hatred and racism at other groups, police officers or the president of the united states. stuart: how do you feel about the profession to which both of us are members of? >> well, you know, i think that things have begun so polarizing out there, when you're trying to the job as commentator and i'm trying to do job as journalists, that's fine, when it crosses the line to hiring people with racist history or disrupting people's daily lives, things are just out of control, right? >> you're right. i want to make the distinction, you are a classic journalist, i'm an opinion guy. >> yeah. stuart: i have opinion on everything. [laughter] >> we've noticed. [laughter] stuart: you've noticed. [laughter] stuart: i think you're all right
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by the way, that's a good opinion. howard, you're all right, thanks for joining us, we will see you soon. sure thing. all right. from wrestling to politics, our guest did that, glen jacobs is the latest wrestler to make transition to public office, he won mayorial election, is wrestling good, tennessee, whoa, that looks clear, no humidity there, that's my kind of weather, i will take that, thank you. when you rent from national... it's kind of like playing your own version of best ball. because here, you can choose any car in the aisle,
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stuart: positive news on the job's market at 10:00 o'clock eastern, the market went up and it's staying, it's holding a gain of 150 points. they posted good numbers but their chief financial officer will resign next year, apparently that's bad news for the company, it's down 6 and a half per can i -- percent, thats crocs, our next guest former
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wrestler, glenn jacobs is his name, glenn, welcome back to the show, good to see you, sir. >> thanks for having me on, i appreciate. stuart: linda mchamon and jesse ventura went to politics and the rock may consider bid for presidency in 2020, so is wrestling a good training ground for politicians? [laughter] >> i don't know if there's anything specific about wrestling that makes good training for politician, any success in any endeavor, you know, is the ability to build relationships with people, maybe, though, in wwe, of course, we take a lot of physical abuse, politics take more verbal abuse, maybe the ability to absorb punishment is one good thing. stuart: hold on a second, glenn, my colleague looked up wrestling techniques. >> choke slam, neck breakers,
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pilot driver. classic. stuart: classic training, tough stuff. [laughter] >> well, i'd like to slam taxes and big government. stuart: very good. you're a small government, low-tax kind of guy, you're a trump supporter? >> yes, i am. you know, america was built on individual freedom and liberty and free markets, we are doing great in tennessee because our state legislature and general assembly, that's the form that they follow, we have fourth lowest tax burden in the country as far as state and local taxes, we are doing well economically, i believe that's the way that we should have government at all levels and certainly what i want to do at local level. stuart: are you will be the mayor of knox county, tennessee, are you going the use that as steppingstone to congress, you have a smile, i have to believe that you're going to dc at some
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point? >> i have no idea what my future political career holds, in fact, i don't have a career, i just want to be the best mayor of knox county that i can possibly can be. stuart: what's the single thing that you would do in knox county to enhance low government, what can you do at local level? >> the first thing we need to do is go through budget line by line and ensure that tax money is being spent very efficiently, the current mayor and his administration has done a great job but we have 820 billion-dollar budget and that's a lot of money, any bureaucracy, you will see some waste and i think there's some things and efficiency that is we can improve on and use technology to make sure that the taxpayers are getting their money's worth because basically we demand that people give us money, they don't have a lot of choice in the matter and it's imperative that we spend the money as effective as possible
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taking as little as possible from folks. stuart: well, said, a lot wouldn't mind the money for paying taxes if it would go efficiently, glenn jacobs, you're all right, thanks for joining us, your honor. >> thank you. [laughter] stuart: they'll be more varney after this, well, as you're waiting for more varney, take a look at the white house, that's dc, hazy, hot and humid, i think. - well if you're paying attention to the news, even a little bit, you know that many economists feel like we're on the brink of a complete financial meltdown. now, the questions is "what's gonna be the catalyst?", that one piece of the puzzle that begins the next recession or even depression? our markets are currently experiencing the longest bull run in history, and no one believes it will go on forever, including me.
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it's no secret i love to play games, . . it feels like our current economy is built on a house of cards. what will be the one event that causes the entire thing to come crashing down? our national debt is growing faster than ever before, we're well over 21 trillion dollars. our unfunded liabilities total more than $113 trillion. the stock market been going unchecked for so long that a major correction is long overdue there. so will it be the housing bubble? maybe a trade war? a fail in the banking system? and unexpected action by the federal reserve? a terrorist act? or maybe it'll be the cyber hacking of our biggest institutions. you know the plan truth is no one knows which will be the one card that brings it all crashing down, and when that happens how will the markets react? will your money be safe? if you're interested in wealth insurance for your portfolio, and you don't know where to start,
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pick up the phone right now and call america's gold authority. - [male narrator] today u.s. money reserve is releasing official gold american eagle coins at cost for the incredible price of only $129 each. these government issued gold coins are official u.s. legal tender made from solid gold, mined here in america and fully backed by the united states government for their gold weight, purity, and content. do not delay, call now to purchase your gold american eagles for the amazing price of only $129 each. - so don't play games with your money, make the call today. stuart: big announcement, special guest tomorrow, the lady on the right who was, really harassed badly. >> attacked. stuart: attacked frankly in philadelphia yesterday. that is candace owen. she's, she's a free market, conservative kind of lady. >> both her and charlie kirk
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showed remarkable restraint. when you have someone with a bullhorn up to your ear, that can cause permanent damage. stuart: they were harassed big time. we've had enough of it. caps today owens on our program. connell mcshane in for neil. connell, it's yours. connell: they were trying to have breakfast, in philadelphia. welcome to "cavuto: coast to coast." back for another day this week. connell mcshane filling in for neil who is on vacation. sanctions on iran kicking in officially again as the president ordered the restrictions to be restored saying the nuclear deal negotiated by president obama was horrible and one-sided. president trump warning anyone trading with iran they will not be doing business with us, the united states. all this as the european union made some moves to try to counteract the sanctions, insisting trade with iran is crucial for a nuclear deal. so former intelligence officer
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