>> to his point about city housing authority they have to sign a con sent decree with the federal government for lying about the conditions in city housing. you're talking about as ma inducing mold you name it. >> great show everybody thank you so much. matt good to see you have a great day everybody. "varney & company" starts right now. take it away. stuart. >> if you want to see pressure to end government shutdown look no further than security line at the airport tsa work reverse required to work. but since they're not being paid, many are are calling in sick. the lines have been long. if this sickout spreads so will airport chaos but there's no solution in sight right now. the in thes will not negotiate. and the president will not accept a brief reopening of the government while funding for a border wall is discussed he wants $5 billion for border security. senator schumer and nancy pelosi

say, no. there is another no coming in britain. that is a no vote on the theresa may brexit plan. parliament voted about five hours -- in my opinion, britain is on verge of national hue humiliation our market doesn't seem to care the dow will open with a minor loss brexit is not the issue it is profits. we have a handful of reports out this morning. no big surprises so far. but this is a surprise. gillette you know, the razor people jumping into the toxic masculinity debate with with a new ad. you will see it -- "varney & company" is about to begin. ♪ take a look at this. this is a new caravan, that is just formed and it is just set out head hadding north heading

to our southern border. this is just fresh video just into us and president trump is tweeting about this right now are. look at this. a big new car ran is heading up to our southern border from honduras and nancy and chuck for the drone flying around will not stop them. only a wall will work. only a wall or steel barrier will keep our country safe. stop playing political games and end shutdown. liz, suzanne, that, that caravan's approach presumably puts more pressure on both sides of the deal here. >> now polls from quinnipiac show it is that the majority 54% say that border is a security crisis. >> that's right 54% agreed with the president. now president characterizes border situation as a crisis. and now a small majority agrees with with him. that's very interesting. sk also just to give you more details on this caravan in honduras are 500 people

according to fox news sources are gathering at this point. and looks like they're willing to make that long trek are north to that u.s. border despite the fact that we've had previous caravans pretty much in limbo they couldn't get across and not turning away those who want to seek a better life across border. >> they're picking up individuals along the way i think as they make the journey by the way nancy pelosi said humanitarian crisis so is chuck schumer immoral but it wasn't immoral when they voted for it. smg what about encouraging people to walk hundreds of miles women and children -- >> dangerous trek as well. is that not immoral to encourage them? >> because of loopholes in the the system where families come and know that they can -- ask for asylum and then get or more easily released into the population we're a humanitarian country we have the right to secure our borders, and have an orderly process and it is not happening right now. ening as for legal immigration not illegal immigration. which does drain on the social security system as well. what about the actual american

who is live in this country that those who have come here legally. >> i think the caravan puts pressure on the democrats. to do something here. >>their technological answer ist it you border patrol guys on the ground. >> i think tsa story that's porkt as well because that puts real pressure on congress. puts real pressure on the political people. because if these airport delays get worse, well look at these numbers for a minute. 7.6% tsa employees missed work with these unscheduled absences monday. that's more than double the 3.2% of workers who did same thing on same day last year are. now that's a -- that's a vast sickout. if you get chaos at the airport get this fixed. >> a example in atlanta this is busiest airport across the country lines are 90 minutes along to get through security. they're usually half an hour can

you imagine back log in delay of flights and also the business that has been impacted from this. you know, we have jpmorgan saying that shutdown right now is going to impact u.s. economy shave off a tenth it a quarter of one percent off first quarter gdp. that's pressure. you wonder delta biggest hub is atlanta and hitting airline as well. >> they just reported their earnings and they said something about -- future profits, future revenue will be hurt 25 million a day. 25 million impacted by the shutdown. you're talking serious money right there. >> i can't help but feel that the pressure is really mounting for some kind of deal that gets the government back up and running. the question is, who is getting the blame for the shutdown in the first place? >> that's, that blame game will pick up speed delta has lost 25 million it says this past month so yeah. so this watch blame game start to pick up. maybe resolutions -- the dollar amounts.

[laughter] >> let's get to your money this is tuesday morning. we've got 25 minutes before the market opens. it will be a pretty flat opening for the dow. might get a small gain for s&p also for the nasdaq okay. we've got 25 minutes to go before the market opens. jim is here, he's with clear stead advisors. why isn't there a big decline on that board right now? >> telling you that market wants to go up. they believe that left to its own devices freed from problems washington, u.s. economy would do well profits would do well. companies are are exceptionally well run and evaluations have become attractive over last year due to the stock prices. so the inherent market shows some underlying strength and problem is right now today as we sit here there's no reason for that upward imagery to be released because earnings picture is mixed so far. companies are doing a good job but they're dealing with a hostile environment news in washington is getting worse.

you've got political uncertainty in britain, you would think actually that the market qowb going down a fair at tad so basically saying if you give it a reason market will go up but washington at the moment is not giving it up -- >> no the renal and jamie statement that if this continues jamie diamond if this continues it will take first quarter growth to zero that will be terrible an a second quarter guidance. >> that would be if it goes all way through all the way through till the month of march. >> i think that what you're looking at here you need to mediate because -- pelosi schumer on whawnd can't lose face with their base. trump can't lose face with their base nobody is backing down and you like you need an efnght or something to happen. to -- >> get a riot at an airport to go out. that will be pressure. let's put up on screen please leat earnings reports which we have received this morning. this is just a first batch in

first week i have jpmorgan they're down 2.7% after reporting earnings wells fargo is down united health is down. delta is up a tiny fraction. right that doesn't look real good. chtion that's because of the forward looking guidance is so mixed baa of what's going on in washington. left to themselves earning united health care earnings were with good. jpmorgan disappointed examinations but i believe it was a record quarter. wells far bow is doing better than it was city corp. had a very credible result yesterday. so it's early in earning season but not a major disappointment. but when they do this, they do a call right they report earnings they do a call and look to the future and some of they will are saying this government shutdown hurts us. absolutely. you're going to see that increasingly longer it goes more confusing it is to run a business harder it is to forecast -- and it is beginning to begin to affect the economy each day it is another the weight on shoulder of the economy it is

not good. and as jamie said the leader of this country have a responsibility to come together and some reasonable way so that businesses can plan and hire and spend and wages and profitses go up. >> fix it. all right james thank you very much. pleasure. >> few days ago you may have heard on this program american psychological association announced that traditional masculinity is harmful to society. now, gillette razor people addressing toxics masculinity in a new ad. roll tape. >> bullying, me too movement -- masculinity -- is this the best a man can get? >> what i actually think she's is try aring to say. making this same old excuses. >> boys will be boys. boys will be boys. some is not enough. because the boys watching today will be the men of tomorrow. ♪ well let me just throw this out -- suzanne, i have no comment on

this. but what did you where make of suzanne? >> i thought it was a play on colin kaepernicking in the success nike had on their controversial ad which boosted their value by 6 billion dollars. so i thought gillette was trying to innovative get people talking and it is catchy i have to say the best -- a man can be. right that's the the slogan for so many year. >> it is a real experiment isn't if they're jumping in with two feet into the culture or wars it shall masculinity. shave off your beard use our razors you don't have to have -- i don't think men should be threatened by this. you know, why really get head up about an app? if you're a man, i wouldn't be if i i was in that it didn't hut to have a colin kaepernick to suzanne's point. >> does it brand all men to be suspect with a aspect -- but they're saying aim for something higher standard. >> not demonizes man but us your

perspective. >> no. [laughter] oh, no, no i'll walk away from that one suzanne. >> it doesn't brngd all men like that women are not toxic redig low to think like that. in particular -- it is a -- a bold experiment. and i think it will probably be a success. millennials. >> ray industry is lottery contested p&g it is a consumer -- a staple, i mean, that bottom line, let's put it blungtly. >> you think -- just waving numbers is what matters is bottom line for these companies. bottom line we're going up sorry right down just a tiny fraction on the dow. s&p about will be up nasdaq will be up. this is interesting you have a no vote coming in britain, but the dow is not showing a serious loss. as many people thought it would -- all right. watch out netflix you're about

to get some competition from in d.c., they plan a streaming service some time next year disney time warner they've also got, they're going to launch a streaming service. that's competition. comcast premarket virtually unchanged net to china issuing a travel warning to state run companies. beijing says refrain from traveling to america and america's allies. this comes only l a day after chinese court sent canadian are to death per alleged drug smuggling clearly tensions are running high. and majority of americans oppose border wall gite that another caravan that's making its way north from honduras. so why can't republicans sell the idea of a wall to american public? we'll ask the chair of the rnc, next.

>> china warns state run companies and executives toangt travel to the united states or

america's allies is this all the way back to the huawei arrest? >> so you know huawei cfo arrested in vancouver changing planes, and right now a waiting trial for extradition to the u.s.. so basically china this is according to a bloomberg news report, is warning its state own enterprise not private enterprises, not the alibaba or tech world. but to those state owned government intrpgzs to not travel to the u.s. and they'll also throw in the u.k., canada australia and a new zealand as well and i say if you do go to these countries you know they've told some of you to secure company issued laptop while traveling abroad or avoid business trips western countries overall or save a disk and important files. warning about after hillary went the are there. but i think it work other way around. i mean, i'm not sure american executives will be too keen on going to china in a moment or any other western executives right now but don't miss a point state owned intrpgzs huawei a private enterprise how do two

correlate? >> interesting. it is a chill in the air between the two sides. agree. let's get to the border wall, according to the result of an abc news washington post poll 50% of us oppose building wall 52% support it. runner romney mcdamage is with us today here in new york you've lost the political battle. the blame game, people are blamings not the democrats. >> well, i think as you've seen with that poll, support for wall is beginning out because ad vote reverse getting more educated as they realize that in el paso in san diego that wall works that crossings are done 30% as they hear from border agent saying we need this as they hear from victims from illegalling who have killed family members or -- from people who have been victims of drug trafficking. but they're getting here but you know what had mainstream media is not covering fairly. they won't put that on tv. but they have -- >> to be fair.

take it out. democrats are winning this point. >> won on the shutdown won on border wall and at this point -- >> i don't think they've won on this. because democrats in the past have supported this. it is common sense. and i think americans as they look at fact, they are coming around directing i think this is very reasonable what had the president is putting forward. they see the in thes off partying in puerto rico and see the president saying in washington, d.c. recognizing we've got to get this solved they want to find a solution and recognize that border security needs to be solved. >> if you put it to american people that look, all we're asking for is $5 billion. out of a 4 trillion dollar budget, is that too much to ask to get the dreamers -- a good deal? get the government reopened? if that was the approach i think they might see if your way. >> one tenth of one percent and we have said that an president has said i'm willing to negotiate and nancy pelosi has said, with not one penny not one dollar, i'm not moving on this. when 54 democrats in 2013 voted

for border wall when a lot of the construction of the wall came under obama administration democrats are unreasonable it is taking time, to get that message out when 0% of the media blocks it out. and won't share the facts with american people. >> here comes another caravan. they started marching today now, the president says no i'm not going to declare a national emergency. why not? >> it is on the table the president is trying to work with democrats i think most americans want to see a bipartisan solution. but stuart let me ask you this isn't it fair to know who is come intog our country isn't that in a post 9-1-1 world if you were to ask everyone shouldn't we know who is coming into our country we have 2,000 people crossing illegally eve day trying to cross into our country. why shouldn't we know who is coming would you let somebody get on a plane and come in without knowing who they are. this is part of the safety of our country the president is doing right thing and not making a political calculation he's saying we have kicked this cab down the road for far too long. let's solve a problem that we all know needs to be fixed.

>> he's gawk to the mat on this. you're going to -- >> he's doing the right thing. he's absolutely doing the right thing because democrats know this is an a issue republicans and in thes are making this partisan it is an american issue. >> romney emanuel good to see you in new york. sure thing. check futures market. we're dead flat at the opening bell this tuesday morning. you can't be more flat than that i guess you could be but maybe down two points that's it. big day for brexit. a vote on theresa may's plan schedule for later today. looks like it goes down to defeat -- i'm going to call it, it does a humiliating day for the brits no way around it. take you live to london in just a moment. [ phone rings ] hey maya. what's up? hey! so listen, i was taking another look at your overall financial strategy.

you still thinking about opening your own shop? every day. i think there are some ways to help keep you on track. and closer to home. i'm all ears. how did edward jones grow to a trillion dollars in assets under care? thanks. by thinking about your goals as much as you do.

big day britain for intersection 98 volt well our own ashley webster he's in london i'll say it again ashley this looks to me like brits are facing national humiliation what say you? >> i would agree with you stuart. certainly brexit paralysis we're in the final day now before the vote will be taken about 7:00 local time. 2 p.m. eastern and nothing is changed, that suggest that theresa may will be successful in getting her plan through. the british attorney general jeffrey cox made impassioned speech to lawmakers before final

debate today saying they should value the -- the office compromise and should opt for order over chaos. i don't think they're going to heed those words three mays will have one final speech around you 6:30 p.m. local time to make another impression plea but stuart i think she's going to go down to a big defeat. and i think they could be a case here, as we heard from nigel yesterday that nay may end up having to extend i'll call enough -- actually complete brexit on march 2 theth. there is absolute paralysis in the department. : ashley we take it we hear you that would amount to national humiliation we'll be back to ashley later in the show. by the way dow now turned around. we were negative much of the morning now we're slightly positive. up about 9 point for the the opening of the stock market. which we will take you to and just a couple of minutes. i switched to liberty mutual

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>> all right we're going to open this market in about 30 seconds about and it is going to be a very interesting day. remember, please, about we've got a no vote almost a certainty coming up in britain a no on theresa may's brexit plan that's apparently not having any impact on our market this morning. in fact, the market is looking

far more at earnings reports. which we are now beginning to receive. but it is also looking at this government shutdown. which is beginning to bite -- especially at the airport, all right here question go. it is tuesday morning, we're off and running check that story from the start up but we're up a 10, with 8, 5, 6, 7 point gain flat to higher let's characterize opening for dow like that. how about the s&p 500, do we have the same story there? well we're a little bit higher we're up about 2 points that's a 10th of one percent as or nasdaq show me that please where are we going there a third of one pets that tells me big tech is doing okay. this tuesday morning, now, show me these name nows these are companies which have reported their earnings today jpmorgan chase is down 1.7% wells fargo down 1.7%. united health is up about 3 bucks nice gain there. delta airlines also on the

upside. now here's what i think is probably the biggest stock story of the day. netflix surging, that is a five and a half percent increase right from the get-go. why? because they're going raise prices, 13 to 18%. that is the biggest increase since they launch streaming service 12 years ago. netflix zooming as we speak. i need help -- [laughter] mike murphy dr barton suzanne lee all of us us together. let start with netflix. go. >> so this is a 15 roughly 15% increase in revenue assuming no one leave it is this service stuart because no one would actually leave netflix. but if they -- if i did -- [laughter] assuming they don't that's a 15% increase in rev are knew now multiple on that because netflix is high multiple stock this could give it legs of -- huge runway on the stock from these levels. so goldman sachs just cup out headline just crossing that they expect netflix to beat and beat

well above consensus on friday. so we're expecting what 7.6 million subscriber ads bakely they could come out well ahead of that. so stock is running today should be for a while. >> this -- this is sorry go ahead. dr go ahead. netflix is winning game they're beating hollywood, at the own game of making better content getting it to market faster and people are are responding to that by subscribing and continuing to subscribe and saying 13% more i'll pay that no worry. >> before -- look nobody as you say very few people cut netflix. they don't drop netflix. and they woact drop netflix just because there's a 13 to 18% price. >> here's let me put my corporate account can the on because they used to cover wall street journal netflix is insolvent it is all in debt including offbalance debt is equity. remember companies do go belly this is a place for netflix to

raise prices go into the corporate bond market, do more dead issue and can they keep this game going and netflix is momentum play i would say. >> it could be the technology stock of the year. just like apple and microsoft and amazon can be competition. a lot of competition going strong today five and quarter percent on upside as you said no wait a second you were right speaking of the competition. netflix will have competition a lot of it, and nbc is going to offer a streaming service. who else is doing this? this year, i mean, amazon has been doing it apple is going to do it more verizon is getting into it so disney -- right. sost there a ton of competition there. but i think what's happening stuart you know we heard about cord cutting people aren't going to have cable boxes anymore. well now i think what is going to be replacing that is you're going to have your netflix because bare original content and disney streaming because of their content so the consumers still going to be paying for this but to talk dollars and cents on netflix your credit

card is charged 11 dollars a month or if it was now it will be getting charged roughly 13 dollar a month. i think a lot of people will look past that to keep netflix. to your pingt a great point. you know, people they say oh this is one more account to manage. you know, nbc is being smart they're going debut around summer olympics also it is free for cable customers i think 12 dollars. a month for à la carte and testing and driving new long form ad content 3 to 4 minutes an hour of advertising versus hulu what three commercial breaks. rng and this is liz a weak offering that nbc put out it didn't make me bat an eye when i look should netflix be worried it is not that strong but ad content and not very -- not very good. >> at the play they're trying to attract is maximizing distribution are for more profit basically. >> earning season so far can we put up on screen the board of

those companies which report today good we've got it jpmorgan wells fargo united health delta airlines once they have in common, all of them are looking to the future on their guidance call and all of them are saying watch out. this government shutdown hurts us. that's the commonality between them all for now. that's right. it is and it is not getting the remember last quarter when somebody would have a sniff of we don't like ford guidance they would get slammed we haven't seen that so far and this has been balanced remember yesterday we're talking about city being up 4% over their numbers, and is out of 20 that reported the first 18 that reported beat earnings last week stuart so it is not so bad so far. >> but jpmorgan and diamond he went out this morning and said look if this shutdown goes on for the entire first quarter, that is to the end of march, there will be zero growth in our economy. but that's not going to happen? j i hope not but i think what jam diamond is doing is getting a message out to washington

saying hey if you've been -- we've talked about recession if you want a recession this country, keep this government shutdown going, and that's exactly what we're going to get so let's get together and solve this. >> for two quarters you're talking right because national -- official group that calls recessions ndr saying this will not have a major indicate that shutdown usually retires to future quarters growth so you know, unless it is -- about the duration of it right now. >> consumer confidence and bag it but i want to comment on banks because jpmorgan for first time in 15 quarters missed profits and market is looking for new leadership they thought it might be bank going forward. because we are in a rise environment, and citi group did pretty well yesterday. >> that was a negative and jpmorgan chase is down 1.8% as we speak let's deal with brexit real fast. we're going to get real fast -- [laughter] look we're going to get a no vote confidently expected a big no vote at that and market is actually up. over here -- the response because remember what we're voting on is not

whether or not they're going to leave but agreement that may made with e.u. on way they're going to lead so this is more of a no vote for may's plan and can she cool out gracefully and fix it or not? if the -- if she comes out tonight and does other things we're going to see trouble in the market. >> i don't think theresa may has a belligerent bone in her body but maybe -- talking about that. but sarcasm she's facing. really -- look at the market now. okay we're 7 minutes into the day. and now we're up 47 points. 23,8956 quick check interest rates tenure treasury currently yields, okay. 2.69% hello 270 price of oil move this fast here 51 a barrel got it. how about price of gas virtually no change. still down there at 24 as your national average next case. verizon reportedly working on a cloud gamings service. game changer i think verizon is

looking for some way to reach a younger audience. but i think the incumbents there like microsoft and station this is going to be really good to switch what's out there because there are great games out there. >> a good purchase with twitch that was a live game. >> that was -- and cost you billions. but it is a good move for company that's already very broad to get their i think or in one more pie and they're doing it quell on the platform using xbox controller what they're doing they're doing well. but this is alfa this is nobody has seen this. they haven't announced it publicly. >> there it be big enough to move the needle for the company that big. now ladies and gentlemen we shall address the issue of top -- masculinity -- yeah. [laughter] surprise. is addressing tox pick masculinity in a new ad campaign, many commentators on youtube rather they won't be buying brands products anymore. because gillette is going after a toxic masculinity and says we

can do better men can do better. what's your judgment on this? you've got a look on your face. [laughter] i don't -- i have to hear this. i think men can do better certain men but i think what gillette wants to do is roach a consumer reach a target consumer, with and i don't know if this is a little too little and a little too late for them ting they should focus on shaving cream why make it a political issue. they should be selling their core -- >> anybody is on dangerous ground when you jump right into a political debate for a commercial company. >> when you don't have to go in there. they brought themselves -- >> like the the problem gillette faces they did it. the problem gillette faces is the cheaper dollar shape and others are getting the millennial consumer they're not getting the new consumers. they've got consumer base which this this has a risk are of alienating people that are already buying gillette trying to get at the millennials. >> i don't think millennials no i don't think it will object to

an a ad that goes after toxic masks linnty. >> in line with that. this is going for millennials they're trying to -- consumers to his point that current consumer may be offended by this the you or the me. >> who is offended? are you? >> i'm not i believe it is a message that needs to be said i don't know if it is an ad campaign that is going to be affected. >> i'm not offended in saying -- can take a lot of things in stride. you have to in a job like this. there you go 9:40 eastern time that means thank you dr thank you mike murphy appreciate it both of you. check that big board up not that much but we're up 47 point higher on the dow. then there's canopy growth okay. candidates, marijuana producers, their planning to invest 150 million dollars on a hemp facility in new york state. now this is all about producing cdb that's the chemical found in pot that has a ton of health benefits supposedly. but it doesn't get you high. we're talking to cannabis ceo in

the next hour. and apple reportedly spend hg 150 million every year on. plane tickets to china. they have a standenning reservation with united to buy 50 business class seat to shanghai every day. now there's a story for you. [laughter] we'll deal request it, next. it's absolute confidence in 30,000 precision parts. or it isn't. it's inspected by mercedes-benz factory-trained technicians. or it isn't. it's backed by an unlimited mileage warranty, or it isn't. for those who never settle, it's either mercedes-benz certified pre-owned, or it isn't. the mercedes-benz certified pre-owned sales event. now through february 28th. only at your authorized mercedes-benz dealer.

moved up a bit more now we're up 60 point of impact on dow 23,971. now, as the shutdown government shutdown drags on, senate majority lead sr. stand by the president, he says border security is not immoral. joining us now is senator mike brawn republican from indiana. it seems like mitch mcconnell has a the president's back.

but you're in the republican party in the senate least is in full support of the president no cracks, among republicans, is that accurate are? >> i would say -- almost completely accurate. there are few i think that they've spoken up a little bit wanting to see the government get back in business. but stew i think this is a point of impact and time where we've talked about border security for so long. republican conference in the senate does want to see us get minimally what democrats were willing to do just very recently so i think the whole responsibility is going to be on them to come to the table. simply do what they said they were willing to do not too long ago. >> is there any wiggle room on the amount, we keep hearing this number 5.7 billion dollars. could it be $5 billion or four and a half billion? wiggle room? >> i think that's up to the president and chuck schumer and nancy pelosi, but all i can tell you is i think the problem requires at least that much.

if not more, when it comes to what we do this first year. i think we need to see something and i hope we hold firm and do not have e any cracks of any magnitude so we can get it finally done. >> have you seen what's beginning on with this tsa is stick out? and some degree of chaos and trouble at the airports? because that puts real pressure upon congress to get this thing fixed. at the government reopened -- >> i think especially anything to do with the tsa -- if nflt that would become something that creates gaps in service that will be a factor that brings even to the table. but i think so far everything is held pretty good and this is a rare opportunity to at least get started on some form of border security. >> before you go, sir. tell us about the senate business caucus because i think you're involved in an effort to get more business people like

yourself and like president trump into politics. >> i mention that along campaign trail and stated the fact that we've got governor scott here as a senator. mitt romney from utah myself as a main street entrepreneur we nearly double existing business caucus and nothing against the fact that we've got nearly 60 attorneys as senators. i think they've controlled the shows for a long time. we need to -- get the people there to actually made budgets and done something? real world. so that's what the business caucus is about. >> i'm glad you brought that up senator i really am. i have a pet peeve about the -- well i won't go into it. senator mike brawn what a pleasure. thanks very much very meeting with us. yes, sir. now here's a number for you. apple reportedly spends 150 million dollars per year with united airlines. spell it out on what?

>> coming up business class seats, i mean, that's to china a day. we're talking they buy 50 seats on flights to china a day and what happened wases united airlines made this sign for its workers and it says wow look at what apple is paying us and buying seats 150 million dollarss a year. spent at united airlines, it leaked, they took it down. they also in that sign noted facebook spends an awful amount of money to fly to china and a google as well monitoring their supply chain or flying from shanghai into shenzhen and hong kong and taiwan so that's astangedding number. that's a lot of -- seats. >> block every single day that's right. how many seats in business class do they have? must have bought them all. >> discount on seats i wound per they pay ticket price interesting that facebook and google are flying 44 million dollars each day since they're not actually -- operating in china right now.

so executives to china up nearly 50 points now. and the majority of the dow 30 stocks are in the green. they are up this morning. 50 point higher for the the dow. senator bernie sanders likely 2020 presidential contender again planning to introduce a federal 15 dollar per hour minimum wage. he'll introduce a bill later this week with another example of the democrats making a hard left turn that's my opinion. we're on it. we'll give you the the story.

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seems like market just wants to go up because there's lots of negatives out there. especially the no vote coming up in britain. but with 50 points high per for the dow, and solid one percent higher for nasdaq and then we have facebook listen to this. they're going to invest 300 million dollars in local news. tell me more. >> okay so it is going to a variety of initiatives and organizations and local news kofnlg, you know, we know that company has had a rock reiy relationship with news providers over years funding prorams with partners like cnn also fox news as well so you know, they're going to go local try to -- i guess start initiative start similar to what google did to fund the local news providers

and you know, as they say all politics is local. and people are interested in what's happening in their community and building a community. >> okay stock is up to reflect that nice three dollar gain almost at 50 again that's facebook. look at this. it is a tweet from senator bernie sanders. a job must lift workers out of poverty not keep them in it. we must raise the federal minimum wage from a starvation wage of 725 an hour to 15 a dollars an hour. doing so would directly increase the wages of more than 25% of the u.s. work force. come on in larry o'connor with washington times all right larry. what's wrong with that idea? tell me. >> well, what's wrong with it first of all politically is that it really throws a wrench into the democratic presidential process when you've got bernie sanders doing this, very similar to 2016 where he's going to force the mainstream candidates then hillary clinton, this time may be joe biden and force them to lean to the left and lurch to

left to go so far to left their going to fall and can't get up. problem here stuart is you have so many candidates who want to be the presidential nominee for the democrats. the iowa caucus will look like ncaa basketball tournament with march madness bracket going and all of them are going to outleft each other and going to outliberal each other with these polls. president trump is beginning to be able to run on a track record. not a promise, a track record of bringing back good well-paying manufacturing jobs to the middle of america jobs that democrats said were gone forever. now, como is going to vote for someone who say we're going to bring you really good minimum wage jobs? versus a president who has already delivered on bringing good paying -- you know, manufacturing jobs. i think that president wins that debate. prchght well as i look at all a of the candidate who are lining up there must be a couple of dozen of them now almost all -- up to 57 now stuart. i think this is -- how many? >> jokingly i said 57. not really 57. >> do you remember 57 high variety. nobody remember ares that.

but it was a good -- look i only see one. one moderate, and ping i could call joe biden a moderate. 76 year old but he's the old guy everybody out there is on the left only one. joe biden one -- >> you're right. terry former governor of virginia might embrace that too and we're using term moderate loosely here but yeah compared to kamala harris compared to -- the berntion and other very liberal names that are throwing their hats into the ring this is going to be a -- it is going to be a death match to see who can be more socialist and listen, i sympathize with people who are on minimum wage i do. people getting minimum wage pay right now they're doing that job for entry level purposes so they can then get out and get a better pay job. democrats and joe biden knows this. they need to start promising good well-paying jobs outside

and beyond midge minimum wage structure and someone working minimum wage in d.c. or new york or los angeles yeah it is tough at 7.50 or 8 an hour. >> there's more popularity for some of these or far left ideas. if you're a youngster idea of free college is appealing. free medical care is appealing 15 an hour for first job that is appealing. i mean it is a form of buying votes but i don't think we dismiss it as a unelectable campaign. >> well i'm not saying it is unelectable but if you have a good candidate running against it to articulate logically and say there's no thing as free college somebody is paying for that when you raise wage withs to 15 an hour company is not going to go bankrupt paying that but raise cost of their goods and services. so ultimately we are all paying for all of those free things. and at some point as your friend margaret thatcher once said we're bopping to run out of money. >> or run out of other people's

money larry thanks for being with pus get you back real soon. the government shutdown beginning to bite especially at the airport tsa is agents calling in sick that puts a pressure. we'll be back. what?! i'm here to steal your car because, well, that's my job. what? what?? what?! (laughing) what?? what?! what?! [crash] what?! haha, it happens. and if you've got cut-rate car insurance, paying for this could feel like getting robbed twice. so get allstate... and be better protected from mayhem... like me. ♪

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stuart: airport security agents are calling out sick in large numbers. tsa staff are considered essential workers and are required to stay on the job during the government shutdown, but they're not getting paid. the sickout is their response. yesterday the absence rate was 7.6%. on the same day a year ago it was 3.2%. when air travelers are affected the shutdown is clearly beginning to bite. the level of anger, it is rising. how would you feel if you're stuck on an endless security line, maybe missing your flight just because senator schumer and speaker pelosi won't move to stop illegal immigration?

i blame the democrats, yes i do. they will not negotiate. 25 days of shutdown because they won't allow five billion from a 4 trillion-dollar budget for border security. in contrast the president has made several significant compromise offers. he has said he would expand work visas for the best and brightest, more legal immigration. what is wrong with that? speaking to farmers yesterday he said, i know you want workers. the former cheered. and he said, okay, i will give you workers. again, more legal immigration. and in the past he has offered what amounts to amnesty for millions of dreamers. all of the above, all offers, rejected. so what do the democrats really want? i think they want a huge political win. make sure the president gets the blame for the shut down and force him to back off. at the moment they enjoy an edge by a small majority, voters oppose building a wall.

however, a new caravan formed today and it has started its march to our border. will the democrats keep the government closed and let them? and all those delayed travelers, they may want to look up at their tv monitors to see senator menendez partying on the beach in puerto rico. the tsa sickout didn't interfere with the democrat junket. they took a chartered jet. the second hour of "varney & company" is about to begin. ♪ stuart: repeating 7.6% of tsa employees missed work on monday. more than double 3.2% that missed the on the same day last year. the sickout is real. it is having a effect. jason chaffetz, fox news contributor former utah

congressman. this puts pressure on both sides. just fix the shutdown. >> i agree with everything you said, stuart. the pinch point is the american economy. it is one place where america actually interfaces with the government. remember the 75 plus percent of the government is already open. most people are noticing it but you do notice it at the airport. with that caravan coming north i hope, i hope that will at least push schumer and pelosi negotiate at some point because i think the president, the entire time has been reaching out his hand to work out a compromise. stuart: jason, i'm beginning to see some movement in the polls, for example, "abc news/washington post poll," 52% do want funding for the wall, 52%, that is small majority, want funding. 54% are with president trump labeling the border situation a crisis. i see some movement here?

>> yeah, that caravan moving north really personifies the problem and remember the border patrol apprehended nearly 60,000 people in november alone, people coming across the border illegally. the president is on the right side. an impediment a barrier, something to slow doesn't people that are trying to come north is the right public policy. i don't think democrats can sustain that long term. even if nancy pelosi thinks the wall is immoral i see no bill offered by democrats to tear down the existing wall. they're playing politics. i think that is coming through to the american people. we're in day 25. just started, the 25th day of the shutdown. now you've been involved in this intense political negotiating right there in congress for many, many years. how long do you think this is going to last? >> well the normal pinch point, the reason these things get solved quicker than normal, at that than this one does, is

because they haven't funded say the military or veterans, those types of things. they're really only a couple things that members can handle taking those calls. but they have been funded. so you don't feel that pressure. i have been highly impressed with the tsa, but i think those sickout numbers will continue up. not everybody that works at the tsa can sustain, you know a month or two with no income. they have, they have mouths to feed. they have kids. they have got, they have a good job but economy is doing well. i think they're looking for other jobs right now. stuart: one riot at an airport over long lines. one bomb or weapon that gets on board because of a problem with security, and you will get the shutdown fixed real fast. that is my opinion. last word to you, jason. >> i hope it never comes to that. i hope it never comes to that. stuart: agree. jason chaffetz, always a pleasure. thanks for being with us again. see you soon. >> thanks, stuart. stuart: brexit, parliament will

vote today, in four hours on prime minister theresa may's deal. ashley webster. he is in london. tell me the mood, please, ashley. ashley: it is pretty somber, stuart. we heard from the prime minister's office half an hour ago, if the deal is defeated widely expected to do, she has three working days. will come back here next monday. we're told from downing street she will pretty much bring the same deal back plus any concessions she can get from the eu. the signals we have gotten out of europe this morning have been pretty muted. the chancellor of austria is saying the deal is the deal. you got what you got. this is it. what that tells me theresa may will push it to the edge of the cliff monday, it is this deal or chaos and, possibly you know, clashing out -- with some of the

mps want to, let's not forget that 70% of the mps voted to remain. there is no stomach in the houses of parliament for just drop out of the eu on march 29th. that is the problem. stuart: ashley, we'll end it there, we have a bit of a sound quality problem with your audio there. ashley: okay. stuart: we'll try to get back with you later on. i want to bring in scott shellady, tjm europe managing director. he spent a lot of time, willing apparently over there in great britain. look a no vote is expected. i think it is humiliation for the brits but there is no impact on our market. the dow at the moment is up over 100 points. >> it is the fifth largest economy in the world. no vote is expected. our economy moves on things that aren't expected, right, stuart? donald trump is facing people that aren't willing to net. and theresa may facing a lot of people that aren't willing to

net. both of those leaders are willing to push this thing right up to the edge of that cliff. with theresa may, i was at a few dinner parties over in december for the holidays, a lot of, feeling there is this, look it, these politicians can't get their act together and the general public is getting fed up with it. so there is a growing groundswell of support for the government just to say, let's just leave. i hate to use the word crash-out or these dramatic terms. i think that is getting more and more support by the day, just like pelosi and schumer not giving $57,000 out of 44,000-dollar budget for his wall. there is a lot of similarities there. stuart: you're absolutely right. there is parallel situation between great britain and america at this moment. let me turn to the earning reports, scott, that we've been getting recently. several of them came out this morning. we have a screen with those results, stock price movement on the screen right now.

what occurs to me is, all of these companies, jpmorgan, wells fargo, united health, delta air lines, all of them look to the future and say, this government shutdown is hurting us. again, more pressure to get a fix for the government shutdown, right? >> i agree and here's the deal, again back to that parallels, this government shutdown is over something that was a campaign promise. it is something that the people voted for, right? just like in brexit. something the people voted for. and in both countries we have our own leaders going against what the people voted for. slowly but surely the heat will be turned up on them. both of those sides will find out it will be a bad deal, get what we need and get what the people voted for. stuart: you're absolutely right, scott. when i have nothing to add, when you are absolutely right, i will say absolutely nothing and say you're right, son okay. thank you very much indeed. get back to the grind stone. lad.

liz: give you important footnote on the brexit thing. stuart: please lid the. liz: european parliament. their elections coming up in may. why? italy five-star party doesn't like open borders. le pen is going on with macron with rioting. european parliament is in disarray as they continue to battle populist conservative movements who don't like open borders and don't like what is going on with the eu parliament overall. stuart: europeans gave the brits some more concessions lots of people would want to leave the european union and it would break up. liz: that is a good point. stuart: i think they have real trouble. we lost the triple-digit gain. susan: you know why? headlines crossing on u.s.-china trade. lighthizer, robert light highsers heading the u.s.-china trade talks, says he saw little

progress in last week's talks with china on structural issues like ip protection. this is according to chuck grassily of the u.s. senate. grassley goes on to say lighthizer made positive comments to him about soybean purchases which is part of a mandate of a possible trade deal. they are set to meet in a couple weeks in d.c. we'll see what happens then. stuart: we're up 120. lighthizer make as comment. we're up only 50. now we're back up 60 odd points. got it. susan: there you go. stuart: check out the big tech names, looks to me they're all up, yes, they are. facebook 150. amazon up 26 bucks. amazon is higher and microsoft, very big gain, 2.3% at $104 a share. here is the stock of the day. netflix will raise prices for u.s. customers between 13 and 18%. biggest price increase since they launched the streaming service 12 years ago. the price increases also apply

to countries in latin america, caribbean but not mexico or brazil. but look at the stock, $20 higher. 6% up for netflix. that is the stock of the day. maybe the year. price of oil, don't forget, $51 a barrel. we're up 2% as of right now. got a big hour for you coming up this tuesday. canopy growth, cannabis company putting millions to work in new york, growing hemp for cbd. that is the chemical in cannabis that doesn't get high. we've got the ceo coming up in a moment. gillette what they're calling toxic masculinity with a new ad, challenging men to shave away their masculinity. what does brian kilmeade think about that? we'll find out. a caravan, new one, forming in honduras, heading to our bothered. later this hour i will talk to a border chief in the obama administration and he says it is not politics. we need a wall. he is from the obama team. liz: right.

stuart: we're -- you're watching the second hour of "varney & company." ♪

stuart: what a turnaround. just a few moments ago, literally we were up 120 points. now we're down 12. what happened? comments made to a u.s. senator by robert lighthizer, our chief china trade negotiator. mr. lighthizer said there was little progress in last week's talks with china on structural issues. that was enough to take the market down a good 100 points. we're now down two over all. we had been up 120. how about the price of gold? have we reached $1300 an ounce yet? no. we're at 1292, up just a buck. videogame company, take-two interactive, has made a big deal with the nba. tell me all about it.

liz: $1.1 billion deal over seven years. this is doubling the deal they signed in 2011. you know what this is about? this is a whopping big trend, about the gaming guys paying top shelf to more and more have their games looking like professional sports teams. nfl they're paying top shelf. nba they're paying top shelf. they could have made up their own players playing on teams. they said no, we want the guys who play on the teams. stuart: yes. liz: they see what their own players want. it's a smart move for the gaming crowd. stuart: sports is is driven by personality and stardom. liz: that's right. stuart: you follow the stores. that is who you follow. liz: exactly right. stuart: take-two interactive paid how much? liz: 1.1 billion over seven years. that is double the deal eight years ago. stuart: big money. the stock of the day, no question about it, netflix is raising prices for u.s. subscribers. biggest price increase since they launched 12 years ago. kristina partsinevelos is with

us. 13 to 18% up for prices? >> this is the fourth increase in 12 years. people are wondering right now, will they be hit? they have three months to mentally prepare for the price increase f you're a new subscriber it hits automatically. what are we talking about in regards to the price increases? basic plan is going to be $9, up one dollar. other ones, most popular is the h. did plan which i don't have actually but i have the cheaper one. that will go to $13, up about $2. the 4k premium plan is $16, up for 14. stuart: people will pay. >> exactly. the big question from investors point of view has netflix been underpriced for quality and quantity of goods it is providing? all the new shows? netflix saying price increases will help them with the content. constantly, you may think it is saturated but happening all the time. stuart: you put the price up 13

to 18%. >> right. stuart: subscribers will pay a couple bucks extra. >> two dollars. one dollar. stuart: people will not turn off, not going to cut netflix for sake of two dollars. that is why the stock is up so much. >> yeah. stuart: they will get a ton of extra revenue coming in here. >> precisely. they will help. done well with the golden globes with movies like roma, that won. market likes it. the stock price popped up but then held. the other benefit for netflix, net neutrality, internet providers providing equal access for all regardless everybody is streaming and netflix uses a lot of -- stuart: that's right. >> they're a huge benefit. they did so well last year. their stock was up 40%. after the drop in the december. stuart: stock of the day, stock of the year, maybe. kristina, thanks for dropping in on this stuff. thank you. china warning state-run companies don't travel to america or travel to any other of america's allies. now this all started with the

arrest of the huawei executive in canada. clearly it looks like kind of a at this a tit-for-tat situation and tension is really highwe have the story for you. i am a family man.

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ordering custom ink t-shirts has been a really smart decision for our business. i love the custom ink design lab because it's really easy to use. they have customer service that you can reach anytime. t-shirts help us immediately get a sense of who we are as a group. from the moment clients walk in, they're able to feel like part of the family. - [spokesman] custom ink has hundreds of products for your business and free shipping. upload your logo or start your design today stuart: canadian cannabis company, canopy growth, investing $150 million in a new, a new york hemp facility. after president trump allowed the growing of hemp with the farm bill. bruce linton, canopy growth ceo, he joins us now. bruce, you're going hemp to produce cbd, which has medicinal qualities. you're not growing it for the thc which gets high. is that act rat, right?

>> that is difference between hemp and marijuana. the people might think of cbd is something with the potential for minimizeing neuropathic, neurological symptoms like shaking, things of that forth. stuart: you think the medicinal properties of hemp will be in great demand. are you growing hemp in new york or just process it? >> the growing part is other people's business. they will grow it in new york but they will grow it in other people's states. our intention, rather than building something for us, our plan is to have what we call a industrial park or industrial hemp hub. think of it as a industrial area with a loop road and a variety of buildings around it and at that location when you take a hemp plant apart you end up with fiber, you end up with protein, you end up with cbd. you have a bunch of options how

do i make fabric, industrial products. make food products domestic or export. how do i do pharmaceutical work. how do i make pretty treats. this is something you could want, two or three different states want these. we think new york is the best place to start. stuart: you're putting your money behind the idea of medicinal properties of cbd, that will be the big growth market? that is why you're putting so much money into this? >> i think medicinally we've been exploring it in canada where federal regulations permit hemp, cbd, cbd generally last 20ish years, 18 years and we've been doing clinical trial work developing them. so we think there are potential medical remedies if done properly can be intellectual property, we hope to see some day cleared with the fda something we can make claims. that is not the case yet today but we have beginning in other geographies and we're taking that advantage into new york

state. stuart: real fast, got 10 seconds. when do you complete building the plant? >> we have 90-day drill to finalize one of several sites. some have facilities. the intention is begin construction an conversion within 100 days. this is not a long time out. we have the cash. constellation funded us up with another 4 billion. this is just a good use of proceeds. >> you're off and running. thank you. gillette taking on toxic masculinity in a new ad challenging men to shave away i guess their toxic masculinity. is that a smart move for a public company? we'll ask the one and only brian kilmeade about this next. ♪

♪ susan: how do you feel about this. stuart: i never really liked this. it is insipid. you say good-bye, i say hello. susan: i thought you liked every beatles song. liz: i thought so true. stuart: did you hear that trombone? they're mocking me. susan: you're being mocked. stuart: i am. check the big board. we're up 30 points. just in the black i guess you would say. 23,938. big tech though doing very well today. facebook is up four bucks at 149. amazon up 26. apple reached 151. alphabet is up. look at that microsoft, a gain of 2 1/2% at 104. >> into now my next guest is a

big-time short seller. that is, he bets against stocks. he thinks they're going to go down. he bets they are going to go down. that is how he tries to make money. he is known for exposing fraud in chinese companies like orient paper, sino paper, nq mobile. he is going after what he calls immoral companies. parson black is our short seller. he is with, carson block. i do apologize, carson. it is carson block. i get it right, i promise. muddy waters research. tell me more about these immoral companies. name them for me and what's immoral about them? >> sure. so investing is inherently a amoral pursuit but the problem that i see is that the amorality of invest something is increasingly at times leading to immoral out comes. so when i have talked about this, one of the companies that i cite, this is past behavior by past management, is a company called insist pharmaceutical.

so their former president pleaded guilty to federal charges. the company was literally bribing doctors to prescribe an extremely addictive opioid to patients who did not qualify for it. that opioid was for cancer patients and it was being prescribed to people who had neck pain or things like that. people became addicted to opioids. people overdosed. people died. so this is a company that literally been killing people. stuart: you shorted the stock? >> no. stuart: you bet against the stock, not because they were bribing doctors you knew about, but because they were involved in putting out opioid drugs which are highly addictive that was your reason for going after them? >> we actually never shorted that one. so here is what the rethink that i have gone through in the past few years. i became aware of that thesis in 2014 and i said, you know what? that's a bad thesis because it

really depends on the regulators to kind of do something, wake up and care and when as a short seller looking for bad conduct, i mean we look all around the world, we see it he have where and regulators usually aren't doing anything. stuart: okay. >> so we let it alone but the epiphany i had recently is that this is really, when we see a company like the way insys based at the time, we as activist short sellers should short it and say this is stock you should dump for moral reasons. stuart: tell me now, which stocks will you identify for us now, do you say, people should dump because they're in an immoral business or the doing something wrong? tell me the name of the stocks? >> right now, we're looking at a couple of companies. but i don't have a view yet. it is irresponsible for me to go public to say this is a company we're shorting because we think

it is inherently immoral company. what is interesting here though, about this concept of market-based prosecution if you will where we're using the markets to basically disincentivize this type of bad behavior. stuart: i got you. i just got to get in, tesla. you're not a fan of tesla. i know you say that supporters are being duped. supporters of tesla are being duped by elon musk. tell me more about that. why? >> look, elon musk is many things but he is also a liar. the whole funding secured was a clear lie and an attempt to manipulate the stock. so there's very little that elon says that investors should trust. so yeah, he is basically using his fans to buy the stock, push it up and keep the company from cratering which, i mean he now admits that several months ago they were on the verge of death. so -- stuart: but the stock is still

well above $300 a share. >> it is amazing this is a company, we say at my firm, we're not really joking, that tesla could file for bankruptcy and on the day it files for bankruptcy, it might still have a 30 billion-dollar market cap. i mean that is this amazing disconnect between the equity investors on one hand and reality/creditors on the other. stuart: you have shorted tesla? you are shorting it as we speak? >> we have a small put position in it. it is one that, you know, just being directionally short without the puts would be -- i get that the stock continues to go up and it trades in an irrational way so i would not go just short it and risk the stock ripping on us. yeah, we've got small, long-dated put positions. stuart: carson block, pleasure having you on the show. i'm trying to get my head around your epiphany. i think i got it there. tell us which stocks you're

shorting in the future. >> yes, sir. stuart: in 10 seconds i have a window of opportunity available. i'm going to bring in brian kilmeade. host of the brian kilmeade radio show. i will talk about this new ad, this gillette ad which goes against what they call toxic masculinity. i think, brian, are you with me now? can you hear me? >> i can hear you very well. stuart: you know what i'm talking about here. this is a new ad from gillette, the razor people, talking about took makes cue lynnty and reversing our whole culture. do you think this is a good move for gillette? >> i saw the 30 second spot, 60-second spot and i don't get it. men act badly some times and other times. why do you buy a expensive razor locked behind the protective glass, you have to ask a guy at a store with a lot of keys to open up. i don't understand i have to be berated because i happen to be a

man. there is a man, this thing, men usually buy razors, these male razors, so for the most part i'm wondering there are men that behave badly but it seems as though this ad is skewed towards women who think men behave badly. i don't know, do the stats show women buy the gillette razors? if you want a man to buy a gillette razor, don't give me 12 different illustrations of bad male behavior. stuart: it is an interesting concept though, isn't it? you jump right into a cultural and political issue. you take a side. you go public with it and as you say, brian, you are going after, to some degree the people who buy that product. i'm not sure this is a workable ad but they have done it but what do you think about the idea of toxic masculinity? the bullying, the dominance? i mean that is a feature of being a man, and men do behave badly and boarishly like that on

occasion but this ad seems to me to lump all men together if they're all bad behavior kind of people? >> my sense is this, yes, men behave badly, women behave badly and there are things that could be done. if you want to raise a young man to be a gentlemen, get up, be tough when you have to, have a steel in their spine but treat women with great respect, bullying will never be tolerated at any age. if you want two brothers depicted in the ad, two kids rolling on the ground wrestling, if you don't want them wrestling don't have boys. for the most part they will wrestle. at times they will get each other, show an aggression. that is the way men are made up to be. the other thing to do, if you do me a favor, if gillette really wants men to act differently, get a pbs documentary. this could be brought to you by gillette or sponsor charlie rose's show if he ever gets out of siberia, wherever he is. don't go ahead to make your ad tell me how to behave badly. you make razors. i don't need life lessons from

you. number two is, i could be wrong, i thought the nike ad would boomerang on nike, told me basically i should look up to colin kaepernick for taking a knee as a backup quarterback on the 49ers. the nike stock went up. i'm perfectly willing to say madison avenue knows more than me. they have the best ad agencies because gel let is loaded. my first blush, well-done. don't enjoy the message. i will buy a different razor. stuart: very good. you summed it up very nicely, brian. >> we don't know how you feel, stuart. stuart: i will not tell you either. >> why? stuart: i'm up against a hard break. you know how that is. >> i have no idea. i just go through them. stuart: i know you do. brian, talk again soon. >> appreciate it. thank you for sharing our audiences. stuart: now there is the vote on brexit comes up in a couple hours. nigel farage says this mess is the uk's biggest constitutional crisis in 300 years. he is going to join us in our next hour. he is making his case. first though, china

warnings, state-run companies not to travel to america or its allies. the executives thereof, don't travel to america. tensions are ratcheting up as the deadline to make a trade deal approaches. we're on it. there will be more "varney" after this. ♪

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liz: republican national committee chair ronna mcdaniel, despite a "washington post" poll showing 54% of people opposing the border wall, she says that public opinion is now changing. roll tape. >> as voters are getting more educated, as they realize in el paso, tucson, san diego, that the wall works, that crossings are down 90%, as they hear from border agents, we need this, as they hear from victims of illegals who killed family members or from people who been victims of drug trafficking -- stuart: but you know where i'm coming from. >> democrats in the past have supported this. this is common sense. americans as they look at the facts, they are coming around to recognizing this is very reasonable what the president is putting forward. of the ♪ choose a new medicare hh plan. but you may be able to choose a new plan right now. if

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when it comes to prescriptions, in 2017, humana's medicare advantage prescription drug plan members saved an estimated $6900 on average on their prescription costs. so call a licensed humana sales agent today at the number on your screen, to see if you're eligible to enroll today. and say yes to getting the right health care coverage without having to wait for it. stuart: federal judge blocking president trump's plan to put a citizenship question on the census. liz, help me with this the judge is saying you cannot ask in the 2020 census, are you a citizen? is that it? liz: that is correct. the case will likely go to the supreme court. basically the census is so powerful. it determines political distributes. it determines federal funding. the fear was if you have that question on the census that illegals will say, oh, don't count me, maybe even immigrants legally here say, don't count

me. we know these communities are in democratic strongholds. the reason the judge rejected it, it wasn't a jury trial. it just was the judge, basically said that you know, the commerce secretary, wilbur ross and his team didn't weigh the evidence, didn't study the evidence, just made the decision to put that question on the census. stuart: goes to the supreme court. liz: it will go to scotus. stuart: but you doesn't know. two years until the census is taken. liz: that's correct. stuart: thank you. china warning executives of state-run companies against traveling to america or america's allies. come in now, michael pillsbury, the author of this long titled book "the 100 year marathon, china's secret strategy to replace america as global superpower." i got it. that will chill the relationship between business communities of china and america, right? >> a little bit. it follows our own restrictions last week. obviously follow this is issue

with miss being under arrest in vancouver or soft arrest. stuart: doesn't it follow the death sentence placed on canadian guy accused of drug smuggling. >> that appears to be improper procedures. under canadian law, prime minister trudeau has the option of denying extradition of miss mun gmac to the u.s. even under. this tough bargaining going on mainly between canada and china, we're obviously involved. i'm more bullish on the overall situation. i think chinese are quite confident. one thing i mentioned to you before, stuart, secrecy in the negotiations, the fact that neither side has revealed where we are in the talks, since this meeting last week that is very good news. it means we're moving toward a deal. stuart: we did have this report today, however, that robert lighthizer, our chief trade

negotiator, one of the chief negotiators, made a comment to a u.s. senator saying that last week's talks with china made little progress in structural issues. why are you laughing? >> it is still no actual description of what happened. i can tell you i know ambassador lighthizer, admire him very much, what his point of view is, based on his experience is we're looking for a written agreement that is both verifiable and enforceable. that is part of the american official statement last week. stuart: okay. >> so beyond that, exactly how this will all work, that is not what is not being leaked. that is good news. there is progress. stuart: we understand that china announced a new stimulus for its economy. >> yes. stuart: needs stimulus, needs a shot in the arm. i guess that means we do indeed have some leverage over china because they're suffering, right? >> we have some leverage but i oppose those who say china is desperate or their economy is in deep trouble. what you will notice and the most important statistic they released in a long time

yesterday was the year on year trade figure. it is now 4.5 trillion, stuart. it is up 10% over last year. this is not an economy that is desperate or in trouble. it makes president trump's achievement to get this far all the more impressive i think. stuart: so they're not suffering that much? >> no. no, i know that is the narrative now in some media outlets but i appeal to you, stuart, to be more skeptical. stuart: so they're growing 6%? >> that is, you know, double or more than what we averaged over the last few decades. stuart: but they kept it up? they're not slowing down dramatically as some suggest. >> that's right. stuart: they're not? >> that's right. stuart: they're in pretty good shape? >> that is my view, yes, over the long haul, by that i mean the next couple months, up until the end of march -- >> not the next 20 years. stuart: the short-term long haul, you think we're going to get a deal? >> i do, yes. in fact what is very very

amusing, quite important, rise in criticism in congress from democrats that president trump is going to do a weak deal, sell out american workers. there was a letter from a group of house democrats recently, as you know, very well, nancy pelosi and chuck schumer support the tariffs. so now we have this strange kind of criticism that president trump is going to get a deal but it will not be good enough for democrats. this is a new development. stuart: yes it is. michael pillsbury, thanks as always for joining us. >> see you, stuart. stuart: now this. a new caravan has formed in honduras and it is now heading to our border. later this hour we'll talk to a border chief in the obama administration who says, we need a wall. he is from the obama team. he will make his case. dow jones industrial average modest gain, 40 points higher at 23,951. ♪ i'm ken jacobus and i switched to the spark cash card

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stuart: new migrant caravan has formed. it is heading straight to our southern border. president trump tweeted about it. he says this. big new caravan heading up to the southern border from

honduras. tell nance aand chuck say a drone flying around will not stop them. only a wall a, steel bearer, will keep our country safe. stop playing political games and end the smutdown." mark morgan, former obama border chief worked in the obama administration. mark, you want a wall. you say we should build a wall. we find that surprising. we don't fine many in the obama team say we want a wall. make the case. >> thanks, lou. thanks for having me here. that is exactly right. i'm not here based on individual political ideology. i'm here based on facts, experience and from listening to the men and women who do this every day. and based on that fact, based on my personal experience the wall works. and anyone who says the wall does not work is absolutely misleading the american people. look at nogales, look ad san diego, look at el paso where i have been and i worked that dirt, i walked along those

walls, i walked along the border. i'm telling you a wall works. part of multilayered approach. multidimensional approach, technology, personnel and infrastructure. stuart: but democrats don't see it your way at all. they absolutely refuse to spend a dime on a wall, and say it is not necessary, that it's a vanity project. you are completely at odds with the democrats. >> that's right. what i would ask the american people to do is, stop listening to politicians or people that clearly have a personal, political agenda or ideology. look at the facts. to back and do some research. won't take you long. go back to 2006 where a bipartisan, secure fence act bill was passed. that resulted in 720 miles of wall being built, and it worked. the same things that they were saying back then on a bipartisan front of why this was a crisis and why we needed a wall, are the same arguments being made by the president today.

i don't understand, lou. stuart: actually it is stuart. you're confusing me with lou dobbs, my good friend and colleague. don't worry, i'm not offended. i'm flattered. lou dobbs is a great guy. last one, would you say that nancy pelosi and chuck schumer are hypocrites? >> look, i don't want to get into name-calling putting labels on people but this is what i'm comfortable saying. anybody, anywhere, that says the wall is ineffective is absolutely lying to the american people. it works. anywhere, listen to the sheriff of yuma county, arizona. he said in 2005, when the wall was built, that multilayered approach it worked. illegal immigration went down 90%. overall crime in his area of operation, dramatically reduced. look at the facts. in texas alone, from 2011 to 2017, 180,000 illegal immigrants were apprehended for crimes, committing 300,000 crimes from homicides to burglary, et cetera.

stuart: i have to run. hard break coming up. got to go. mark morgue began, thank you very much indeed. >> you bet more news, more "varney" actually. more stuart varney after this. the ..

stuart: the teachers in los angeles are on strike. what a mess. and what a challenge to california's new governor, gavin newsom. it's been a while since we spend much time on the formerly golden state at the teachers strike gives us an opportunity to revisit. they are in deep, deep trouble, financial trouble. it's only going to get worse. the democrats have run the state for a generation and they only have themselves to blame. that's my opinion. the alley teachers want more money for themselves and more money to reduce class sizes and more money to ask for counselors and nurses. if they did anything, teachers and other districts will demand more as well. oakland teachers, for example are ready to strike real soon.

the education system will be fighting with the medical system because gavin newsom has pledged free medical care to all illegals in the state. that's about 3 million people appeared where does all the money come from? california is already by some measure the most tax rate in the country and already charges the most for gas and electricity. the democrats win elections by promising they'll tax the rich. make them pay for it all. but in fact it is the middle class which ends up hating as well as the wealthy. no wonder the middle classes fleeing california in droves. you critics and the fear that the democrats are going into 2020 election with a platform that will look a lot like governor newsom's. tax the rich, medicare for all, free college and open borders. you know it's the middle class that will have to pay. california is the canary in the coal mine come out from a socialist ideas. i don't think it works.

i don't think educational improving california and neither will health care. as long as the left calls the shots come in the long decline in standards across the board will continue. the third hour of "varney & company" is about to begin. ♪ you heard what i had to say about the teachers striking california finance. bring in peter morici. an economic sky. i think california is heading for a substantial financial crisis. >> i absolutely don't know how we get free health care for all those folks in california without bankrupting the schools. if you look at the pie chart of any state government from any local government its big items geared after health care education, buses for mass transit and so forth.

look at france. look at holland. they provide all these things. pope francis and 47% income tax rate on average. we don't. you know why? in france they tax the working class to death. that's why you have the yellow fast. here, people like deblasio in new york and her new working governor say there's plenty of money around this just in the hands of the wealthy. we'll described it good to grab all they can. stuart: i see where you're coming from. you've got the look on your face, peter. >> well, i grew up there. it's so sad both new york and california. destination. stuart: yes, i moved to california in 1974, 75 i think it was. it was a terrific save for an immigrant like myself. it really was. all kinds of things were high standard. now a total difference. the standards are just down across the board. i've got to talk to you about

senator sanders. he plans to introduce a bill this week that would raise the minimum wage, federal minimum wage to $15 an hour. you know, that could gain a lot of traction. you might not like it, but that could well be popular. >> in a place like los angeles and new york city, $15 hours not that out of line when you look at what people have to pay to get workers and what folks are willing to pay for a hamburger. you're basically talking about raising the price of a hamburger , mcdonald's milk from $6 to $7 or something like that. on wall street no big deal. but in iowa or even in hershey, 10 lavinia there are really big deal. that's the problem. fifteen dollars an hour minimum wage does create unemployment. i couldn't get over the demand curve now sloped upward according to democrats. i couldn't believe what no pomo increase the minimum wage is going to increase demand for low

skilled workers because they spend more money. well, they will spend more money, but i'll take that away from the folks paying for the product who will then spend less money. i just love this, deblasio's money. it would just go out there and my neck, when they built the empire's a building, but we just go down there will find peter steinman's gold. turn into a w. on the show because you got some passion. that's brother many years. stuart: whatever you say, peter. come back soon. >> i'm just putting a little on his claim. stuart: i understand that i just recommend decaf in the future. >> i was born with caffeine in me. stuart: i injected into myself. thank you very much. i've got to get to the government shutdown. a majority, 54% oppose building the wall. only 42% supported. or satish lap, white house

director of strategic communications. how do you turn that around? it looks like you're losing the political battle. >> this is beyond the political battle, bernie. it's important to talk about the real need for securing the border and that's what the president is focused on doing. he's been here working at the white house even before christmas and has sold the democrats to come to the table to negotiate. speaker pelosi, not only does she take her vacation to hawaii, but went down to puerto rico this past weekend with a group of democrats to fund raise. the only person standing in the way every opening up this government is nancy pelosi. it is time now for them to come to the table. we have come up with a common sense bipartisan proposal that we know will work to secure the border and again and this humanitarian crisis and national security crisis.

stuart: as long as democrats feel they are winning the political battle, why should they come to the table? that's the question. why should they? >> got to make a decision. are they going to sit back and do absolutely nothing or are they going to come together and make a deal. the president is going to keep making his case. he did it last week when he gave the national address, we saw custom border patrol agents who absolutely agree with the fact we need to deal with securing the border and ending illegal immigration. stuart: may i suggest that one thing that could really push the two sides together and get a negotiating process going is the tsa sickout. as you know, there is a massive sickout, 7% just didn't show up yesterday. long lines at the security counters. some airports drastically affect it. if this gets bigger, that will put real pressure on both sides, just get this thing done and get

the government of reopening. the tsa thing is the principal mover and shaker in the shutdown i think. >> i think you have a great point. obviously we want to give federal workers back to work. the president will be signing a bill to make sure they get back pay once they reopen the government to make sure the federal workers are compensated. this is something shocking where we have come up with a commonsense proposal that includes democrat favored items. this would include more money for humanitarian aid at the border. this includes the nonintrusive technology that would detect weapons and drug at the southern border. we want to make sure we know democrats actually support and so this is an opportunity to be able to come together and be able to resolve this issue.

for decades we have ignored with happening on the southern border and clearly what we have seen is a dramatic increase in terms of drugs coming through the border, criminals, gangs as well as another caravan performing in honduras that's headed our way. it is an opportunity to deal with the crisis we are seeing on both sides of the border and our american communities as well as those immigrant to make the dangerous journey trying to get into the united states. stuart: mercedes schlock on itinerary for joining us on a snowy day. i can see the dress right behind you. thank you. several big companies reporting profits today. on your screen, jpmorgan, wells fargo come united health, delta airlines. only united health is. the rest are down. by the way, we turn the market around. we were down a few points. now we are up about 94-point, back about 24,000 right now with the dow industrials. more explanation coming up in a

moment. in a moment former house speaker newt gingrich. he says the president must not get men on the border wall. it was a campaign promise that he must deliver. newt gingrich makes his case later this hour. in 90 minutes, president trump expect to do a bunch of members of congress. we're told he's inviting democrats, but will any of them show up? we'll see. three hours, parliament in britain votes on teresa ms. brexit plan. on the verge of a national humiliation. we'll talk to nigel farage about this. watching your money would come back a little bit. 86 points for the dow. this is the third hour of "varney & company." ♪ ah, have fun! thanks to you, we will. aw, stop.

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chicago's mayor rahm emanuel wants to raise the tax to 30 cents a gallon to improve the state safe infrastructure. if it passed and i would have the highest gas tax in the country. people of illinois are leaving in droves. the big rock the vote in parliament gets underway in three hours. ashley webster is live in london. this plan is expected to go down but i understand the margin of defeat is a key factor here. tell us, ashley. >> yeah, you're absolutely right, stuart pitching is 318 votes for the deal to pass. by all accounts she's going to separate here in the u.k. project team based on what the mps have said that she will lose by 226. if that is true would be the biggest parliamentary defeat in modern u.k. political history. it will be humiliating no doubt.

what happens after that? we hear from downing street businesses may all come and respond quickly an essential fly off back to brussels tomorrow and try to negotiate. there are other options. we can have a vote of confidence from the labour party. it probably won't be successful but nevertheless an attempt will be made. bottom line comes to her, as you look at this picture and what's been said for two years further negotiations nothing has really changed. the prime minister had a friend that nobody likes. the brexit tears than those that want to remain. a mishmash of compromise than the bottom line is have to come back here next monday with plan b or elsewhere in the realm of the unknown. i know you want to know what the mood is like. outside parliament there's a much bigger police presence now. plenty of anti, all pretty

simple. no violence of any sort. inside parliament it is very tense. no one knows how this thing is going to play out. it could be a very embarrassing embarrassing even for the prime minister. stuart: got it. ashley webster, thank you indeed. nigel farage and the vice chair of britain's lead organization. i've been saying for sometime but this looks to me like it's going to be a national humiliation. am i going too far? >> not really, no. the rest of the world is looking on at the longest continuous parliament in the history of the world. the parliament that became known as the mother of parliaments. indeed, the model of many other nations all over the globe. here it is come into play in five years on from a decisive vote incapable of agreeing everything. so it is a humiliation and i have to say today should have been for me particularly have an given and should have been a day of great celebration.

corks coming out of bottles and street parties and instead the prime minister has negotiated a withdrawal agreement that is almost worse than stating a member of the european union. if you humiliating day, but for millions of us if this had one as well. stuart: i just want to to speculate, who will be the prime minister of great britain six months from now? any idea? >> i think it could still be the u.s. that day because jeremy corbyn [inaudible] i don't think that's going to succeed. if the conservative party were to open up the leadership contest, they would tear themselves to pieces because the differences between the eurostat take wing are irreconcilable. i think she's the most awful prime minister. outside u.s., she does have the most amazing ability. stuart: you know, is there a parallel between our two

countries? and bradley scott parliaments incapable of except in the vote of the people. in america we've got the congress incapable of implementing president trump's promise to build a wall. i see a parallel between the two. >> said dubai. congress is basically ignoring the fact that president trump one update rate just as the house of commons is ignoring the fact that we voted for brexit because we wanted a clean break from the european union. right across the western world the reason we got the rise of what people see as populism is because our political class backed out wanted to move in a globalist direction and the rest of us want to move in the direction of national democracy. that divide is going to dominate politics for the last decade or more. stuart: i think you're right. thanks very much for joining us. appreciate it. this is where we checked various

markets. oil is up about $52 a barrel. no impact on the stock market. the price of gasoline going nowhere. 11 national average of $2.24 per gallon. the price of gold is still a little shy of the $1300 an ounce mark. $12.99 is the price. bitcoin languishing at $3600 per coin. and now this. folks in britain asking for volunteers to help police the skies after drone sightings cause problems. coming up, we are joined by someone who wants drugs regulated all over the world globally regulation. first, can you take a guess that which is the most expensive city in order to live in? it's held the top spot for the last five years. no, it is not london. it is not a dork. we will give you the answer in a

moment. -- it is not new york. we will give you the answer in a moment. ♪ i landed.

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for the fifth year in a row, it is singapore. part of the reason is the high cost of owning a car there. citizens have to purchase car permits, which cost $40,000. cars are also subject to huge price markups because of taxes and import duties. that makes singapore very expensive. but 2020 shall be 500 high-performance mustang veered supercharged 5.2-liter v8 go 60 miles an hour, goes to 60 and three seconds. it will go on sale this fall at a cost of more than $60,000. you're about to see the bridge right outside new york city. there he goes. you heard the commentator there. a 63-year-old bridge right next to the new bridge. it is now gone.

let's go to some individual stocks we are following for you. nbc launching a new ad supported streaming service next year. no reaction to comcast stock. netflix stock of the day, maybe the gear going to raise prices or 10% to 18%. the most popular plan goes to $11 to $13 a month. huge gain for that stock. verizon reportedly working on a cloud gaming service. kind of a netflix for videogames are no reaction on the market. down 4 cents. here's what's coming up. newt gingrich talking border while funding. they must walk away with a deal. no backing off. meanwhile, check the big board. 58 points high when next we are talking some optimistic predictions this year and how it will affect your money. you're going to like this. he's next. the ♪

stuart: a 70-point gain for the dow industrials and about two thirds of the dow 30 stocks in the grain. they are out there listen to this. our next guest is a market

watcher who has some really rosy predictions for this current year. number one, he thinks the government shutdown will end. two, he says brad that will happen on time and with an agreement. three, he expects a new trade deal between the u.s. and china and number four, he expects the fed to slow its pace on raising interest rates. how about that. michael o'keefe is the chief investment officer. that is a very rosy picture you're painting here. so if you're right, how high does the dow go? >> were calling for high single-digit returns for the year. stuart: high single-digit returns. individual stocks go up 7% and 8%, 9%. the mac that's right. and again, the ideas really around resolutions. all of those dresses in 2018 baked into the market and we think it's going to happen. the vote today with rights that will be now, but they'll work their way through it come the

end of the quarter there will be in the agreement. the government shutdown will end. obviously, both parties are posturing. all about negotiating. at the end of the day it'll come together. do we get a wall? >> i think we'll get border protection. so mostly just will end up. stuart: you're taking or to decide that they will indeed go easy on interest rate increases this year. >> that's right. all about being data dependent. i've been saying that for a year that they're going to watch. normal levels of interest rate but not going so quickly though slow things down too much. stuart: why are you so optimistic? >> i think it is. things are baked in. stuart: would we still get a really nice rate of return? a nice pop for the market if we

don't get a china trade deal? >> we think of that as our bear scenario. if that happens and maybe think about it as a couple of these things not resolving we are looking at five to very low single-digit. stuart: butchers still looking pretty good. for the benefit of our viewers to let this moment in time has to decide where they put their 401(k) money, stocks, bonds, cash or a mixture thereof coming pretty sure you're staying put it into his socks. >> we talk about investing for the long-term. the key is to stay invested through volatility. stuart: know what his long-term for you? >> weighted projections 20 plus years. think about a person making plans for the long-term. you see in my work, in our teams work that we tend to think about it is long-term. large stocks a little over 7% on average and sometimes a little more. sometimes less.

stuart: that works for people in their 30s and 40s. what about people who just turned 70? >> 70 you've got a dial back a little bit. stuart: i just turned 70. mr. o'keefe, we enjoyed your positive thinking. now this. police in britain asking for volunteers to help watch the skies after drone sightings caused rob long's at airports. our next guest wants to go a whole lot further. he wants new drug regulations on the worldwide racist. united nations ambassador to dominica and founder of the world artificial intelligence organization. okay, what kind of regulations on drone dy worldwide. quickly. [inaudible] >> i feel we have to keep the frequency. stuart: what's the frequency? >> we have about 20 million original frequency.

it would be very easy to create unelect -- [inaudible] stuart: drones must keep the frequency. >> to keep it the way it is because if you jam or block the frequency you don't pay collateral damage. the new telephone technology, the g5. but if a block the frequency, then we're going to create knowledge. stuart: you've got a device here. looks like a gun to me. that is a drone. >> this is the irregular drone. we have to be aware we can prevent disaster. this is a small bottle of liquid gas. we know that one day --

[inaudible] we use drones for real attack. stuart: we know it can be used as a terrorist advice for an attack. back to the frequency band. a moment ago it looked like a gun on the set. let me see this thing. >> don't worry. stuart: if you point that out a drone at that frequency you can bring the drone down. >> it can create the damage. just capture it. stuart: so all drugs have to have the same frequency, you can establish an electronic fence or a dome over airports. >> were stadiums. very important. this is only if you detect it and see it visually you can point. but the most important thing is

to create the dome. >> what's a guy from dominica, which is a tiny caribbean island doing playing from a world stage with drones? >> the nation is climate change oceans by now artificial intelligence and this is what i'm allowed to do by the prime minister. a couple years ago -- [inaudible] before the united nation, we were to say the vehicle because drone used to be what you see in the movies. now it a part of our life. >> i like the idea of a dome and a gun that brings them down so long as they all use the same

frequency. seems like a viable plan. >> i think it's very possible. but it is essential. stuart: domenico plays on the world stage here. thank you. appreciate it. president trump is going to have lunch with members of congress in the next hour, by the way. blake burman at the white house. i know he's inviting democrats feared are any of them showing up? >> we do not believe democrats will be at the white house and 50 minutes or so to lunch with the president on the republican side as well. this was an outreach from the president from the white house to get both sides in the room here to hash this out and figure out a way to move forward. from this point with an hour left to the lunch meeting to take place. we do not believe democrats will be in the room here at the white house today.

we believe it is still scheduled between the president and republicans. democrats are not coming up. here's steve scalise early this morning talking to maria bartiromo. >> nancy pelosi counteroffer was when she joked she'd give a dollar. they've yet to put a single counteroffer in the president's been negotiating but ultimately to securing the border. reporter: 2:30 this afternoon the president will do phone call to discuss the border crisis for state and local leaders. back to this 12:30 lunch as far as we know no democrats showing up. stuart: downloaded the democrats look. simple intransigent and totally unwilling to come to the table. that will be a negative for the democrats. last word to you. >> quite literally. they won't even sit down and talk with the president. democrats in the house have laid out saying we won an election in

november and this is what we were told. stuart: blake berman right in the middle of it. thanks for being here. see you soon. not much movement in the last half an hour. 23,900. big names which are ported profits today. morgan, fargo come united health, delta airlines. all of them look to the future inside this government shut down can hurt their business. they're all saying now. next we have newt gingrich. he says president trump cannot bow to pressure from democrats. he needs to keep his promise and build a wall. newt makes his case after this. ♪ so, the whole world is talking about ai. big, bold promises like... it'll find life on mars! but here's the thing.

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liz: earlier, mercedes shellac, white house director of strategic communication said the key is to get the government to reopen. roll tape. >> we want to get the federal workers back to work. the president will be signing a bill to make sure they get the back pay once they reopen the government. make sure the federal workers are compensated. this is something that is shocking. where we have come up with a commonsense proposal that it

eludes democrats favored items. this would include, for example, more money for humanitarian needs at the southern border. this includes the nonintrusive inspection technology that would detect weapons and drugs at the southern border. there is money available that we want to make sure we know the democrats actually support.

stuart: the governor of new york, andrew cuomo will lay out his plan for legalizing recreational marijuana. he'll be making an announcement later today. in a poll, statewide approval for legalizing pot has hit a high of 56%. now this. not to the government shut down day 25, no end in sight. joining us, republican from oklahoma. we just heard that the president has divided republicans and democrats to a lunch at the white house to discuss border while funding, but the democrats are not going to show weather. this is a bad move looking intransigent. >> sir, they are not willing to talk to us at this morning. we make several offers are the point is there's absolutely no money for the wall. they're not negotiating on not. we can't do that. at the end of the day it's national security risk on the southern border. i hope something god for bid doesn't take place in the middle

of this negotiation because this is no way to govern. stuart: in a moment we are going to talk to newt gingrich and i know what he's going to say. he's going to say the president cannot back down. he must build that wall. are you in agreement with that? >> absolutely. losing at this point isn't an option. winning a fight for the american people is over trying to do here. there is a huge risk. were running on the southern border anyways. the democrats were talking about it when obama was in the senate back in 2006. at that time you and i talked about this before they pass the secure fence act. we still haven't done it. we had the argument in 13 and right now it's at the tipping point. we have over 60,000 immigrants a week. i'm sorry come a month trying to come across our southern border. another ample trade with criminal activities. we have the information and data

flowing income at going through the same briefings. they're making a political point and were trying to put the american people first at the end of the day. stuart: congressmen mark wayne, thank you. see you soon. we promised them were going to deliver. newt gingrich coming up next. these smart -- ♪ ok for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price.

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stuart: i want to talk border wall. let's bring in newt gingrich, author of the great vote trumps america. i believe you are saying categorically and very firmly the president must build the wall. make your case please, new. sorry, we've got an audio problem. wouldn't you know it. we are going to work on it. we'll get. we'll get back in just a second. meanwhile, let me show you the market because very interesting developments today. we are at nearly triple digits. back about the 24,000 level.

it could be that michael pillsbury who appeared on the show one hour ago has had some influence. michael pillsbury is an authority on china trade. he says those talks are going well. okay, that is the market. now let's get back to new. thanks for being with us. i'm sorry about the audio problem. make your case that the president must build your wall. >> i think the president himself since he started campaigning in 2015 made a centerpiece of his entire presidency protecting the american people and has defined part about is controlling the southern border. clearly there are some parts of the border where walls make a huge difference. they reduce illegal immigration in san diego. about 91%. they did the same thing in yuma, arizona by 90%.

you know there are dense population areas where the only effect good thing is to add some kind of barrier. the sad truth is virtually every democrat has at some point in their career voted to control the southern border. so i think the president has spent three full years talking about it and frankly his base would be very disheartened if he caved in. i also think he can win this argument. he doesn't have to win with schumer and policy. he needs to get about 25 house democrats to side with kevin mccarthy and pass something. reagan didn't get tip o'neill spoke. the democratic speaker. reagan got the most from areas that were very faithful. stuart: is it possible that public opinion is beginning to swing in favor of the president? were told he was losing the political argument. "washington post" abc news show

shows 52% of people while funding for the law. 54% agree with the president that there is a security crisis on the border. a shift in public opinion, you think? >> the more we talk about -- the left-wing media is going to focus on five and 6-year-olds at the border and they will ignore families of americans that have had loved ones killed so you have a very one-sided bias. the president has begun to communicate effectively and i've been encouraging them to invite every family has lost their loved one to an illegal immigrant to come to the white house for a big meeting and then go door to door, reminding these congressmen that unlike what was said by both schumer and post a comment this not a manufactured crisis. you have a young policeman shot in california by an illegal immigrant. that's not manufactured. when you have ms-13 torturing

and stabbed three people the united states, that's not manufactured. the president is winning an argument and he has to stick to his guns. there's a lot of democratic districts where trump starts holding rallies in democratic districts, urging those folks to talk to their congressman or congresswoman, they can fire 25 or 30 votes to give kevin mccarthy a working majority in the house. >> the president has invited republicans and democrats to a lunch at the white house a half an hour from now. we are told the democrats are not going to show weather. that is clearly intransigent. how long can the democrats hold to this line of absolutely no negotiating, and no talking, get lost. you can't hold that line forever, can you? >> again, having served with ronald reagan i want to go back

to what ronald reagan did so effectively. he didn't get tip o'neill. i don't care if trump never again meet with nancy pelosi. she's a hard-line hardline san francisco liberal who was furthermore deeply worried about the left wing of her party, which is now well to the left of bernie sanders. there's nothing he wants that she could give him even if she wanted to and she doesn't want to. on the other hand, 46 democrat freshman the other day who wrote a letter to speaker pelosi saying we came here to legislate. we didn't come here to shut the government and to investigate. those 46 very first target for trump to reach out and say which you work with kevin mccarthy almost have a practical commonsense bipartisan coalition in diplomacy and schumer want to look like fools, let them look like fools. the idea that they won't even go down and talk tells the country a lot about who's responsible

for the government prices in those folks earning schumer and pelosi, not shrub. stuart: newt gingrich come you make a lot of sense. we appreciate that. thanks to being on the show. author of the the great books up to. we have a statement from the white house on today's lunch meeting. we will bring it to you right after this. ♪ - hello, i'm brad castillo. did you know that americans who bought gold in the year 2005 quadrupled their money by 2012? even now, experts all across america predict the real gold rush is just beginning. don't wait another day. physical gold coins are easy to buy and sell and one of the best ways to protect your life-savings from the next financial meltdown. - [announcer] today the u.s. money reserve . .

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this. >> liz: newt newt gingrich made a great point. how go americans see this. not one dollar going to a wall. democrats going to puerto rico. i don't know what fact you find on a fact-finding mission under a beach umbrella. neil: there is another crisis at the border. liz: you're right to point out polls are moving. quinnepiac, it's a security crisis. there is impact on the market because of all of this. now we're up 141 points. that is a pretty strong gain. this gain came out, i don't know whether there is a connection, but just as the democrats were refusing to appear at this lunch to discuss the border and the border wall, it was at that moment that the dow took a nice leap upwards. it went from a gain of about 80 points to a gain of 140 points.

it is still boeing up just a fraction. maybe there is a connection. maybe there is some good earnings reports out there. maybe some positive news on china trade that did it but we are up 140. neil, it's yours. neil: stuart, thank you very, very much. we're focusing on that. this government shut down the white house put pen to paper, it will have economic impact, maybe that is helping stocks or helping stocks on notion if anyone was was thinking that the federal reserve poised to raise rates, decidedly less so in where things are slowing down. like a hurricane, a shutdown can be wiped out next quarter as over all spigot of government returns. for time being everyone is going along with moody's investor report, the zandi report, shaving off a couple of tenths percent of first quarter gdpt could run into eight or nine billion dolla