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tv   Varney Company  FOX Business  January 21, 2020 9:00am-12:00pm EST

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>> dumont missed this live coverage and donna's. they found a way. right now, stuart take away. >> good morning everyone. let's start with yet another trump train went. brent has backed off from the digital plants that was with america's tech companies. we have backed off from french wine and cheese. they talked on the phone last night, the digital tax in the wind tariff will be suspended on negotiations continued for the rest of the year. the main event today however, king early this morning i hope you can say it. they assembled in thomas. he went right at them with a powerful forward-looking
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optimistic success. the high and mighty want to discuss climate change and inequality. the millinery that flown in on the private jets to whine and moan. prosperity has come up and running back and when the midst of an economic boom he said and he reeled through the extraordinary performance of the colony and predicted that it keeps going here. he confronted the glimmers. he confronted skepticism. it was a force of optimism and hope. let's get to the markets. all three of the major averages closed at record highs. any gains with postdocs at new highs in the dow will be a little bit lower at the open. talk this morning of the corona virus spread in china, may be affecting stocks. the concern is that it could cripple travel. the dow is down about 79 innocently up and down about ten and 30 down from the nasdaq.
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have you noticed, i haven't even mentioned impeachment. when i'm going to spend much time on it print is carson any political slant machines that damages our society and hopefully, the democrats were pushing it. this company is about to begin. >> this is a blue-collar boom since my election, the bottom half of wage earners has increased by plus 37 percent. three times faster than the increase for that top 1 percent. real median house and hold income is at the highest level ever recorded. the american dream is back bigger better than and stronger than ever before. no one is benefited more than americans. the middle-class.
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>> as i said he reeled through the successes of the market economy. i just wish i would've been there. i would like to see the faces of the elites. i wasn't just unfortunately but i can imagine. >> what is your reaction. i don't think i can improve on your opening talking about the climate signaling flying in on their debts. that was exactly the level of respect that the dog must gathering deserves. i'm glad to see that comment from you i think it was quite a contrast because the president was telling the story of the american economy has a good story to tell particularly about how the last few years have benefited the average worker. in the u.s. that middle-class prosperity, he broadly shared across the united states. it contrasted with the partisan warriors in washington. i think is a comparison that is
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not helpful to democrats. >> i don't think so. it's such a stark contrast. annoying getting back to a theme which i have been harping on for sometime but but the contest is just so stark. this is the partisan and political biased attempt to bring on the president. just as he is addressing the elites overseas about how good we've got here. it couldn't be more stark. >> i think a case from the president's lawyers this week really lays out the case well. pointing out not just that unlock past impeachments, there is no claim of a crime in this one. but just going through point by point why the house process was illegitimate. why is violated due process. it didn't follow the presidents of early impeachments. talking about the lack of substance in the claims. but the house never actually voted for an impeachment inquiry. so talking about various
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subpoenas are not valid. is talking about is another violation of due process having fact witness, and a shift essentially running the prosecution points out that he had lied about his contacts with the whistleblower that started this all. so from the substance to the process, i think it's a pretty strong case for the president. it. >> i just can't seem it going anywhere. i can not see him being kicked out of office. >> is a partisan attack and i think it shows the desperation, this recent move to maybe are impeachment articles didn't make the case but look, since data as had a government accountability offices has said that the following it violated the law. but of course if you read the claim, the didn't follow the law either. if you actually believe the case, this was a notice that should haven't months ago. and i guarantee that they are talking about the language they are saying that was
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inappropriate. they are the ones who delayed it and didn't follow the process and didn't follow the law. >> the performance this morning, turned out pretty good. more on this. >> francis says that he had a great discussion with president trump about a tax on big tech. news. >> trump wants to apply a 3 percent tax on revenue from digital services burned in france and has revenue in france of more than 28 million. and as you can imagine, the big american tech companies all fall under that. we decided not to play ball. and donald trump, as the president has there been very heart of this. he said it if you go ahead with this, we are indeed going to put a tax on your campaign and cheese and hamburgers and handbags everything else. but they had little phone call between the two.
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and this is what they tweeted out following that phone call. he says great discussion with donald trump on digital tax. we will work together to come to agreement to avoid a tariff escalation. so they've delayed it until the end of the year. i hope that the victory from the president. >> another train winner. talking about trauma and economic achievements. the president listed the stock market dynamic performance in his first three years in office. peter navarro said local going to hit 32 the dow this year. and one of the regulars on this program, yesterday he told us he sees a 20 percent pop for the dow this year. on top of all of the gains we have already seen. come on in market watcher.
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this is a real bullish signal if you ask me. do you share this bullishness. >> i said before, the three things with china tariffs, brexit nus mca. those are all headwinds. now they're going to be tailwinds. that could be what he is talking about what others are looking to save ten to 20 percent. i say this, last year was a stupid is here. it was outside. you can expect those gains year after year. so we have to kind of slow are expectations down a little bit. i would like to see these tailwinds help solidify where we are. maybe in slow gain from your. that would be in my mind healthier than if we all of a sudden did another 20 percent. >> the president did say this morning, the deregulation and the china trade deal in usmca, the plus effects of that would kick in this year to boost our economy. and i presume the markets. >> now could be ordered that will happen i'm sure.
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we will have some games because of that. i'm just saying that the nasdaq was a 35 percent. does anybody really think that were going to see this type of games again in the nasdaq. another dow and s&p were a little bit less than that but i just want make sure expectations are okay. so we didn't don't get out over our skis and take the risk that we should be taking. >> , the voice of common sense. >> thanks for being with us. >> look at netflix, virtually no change, the report their latest earnings after the closing bell this afternoon. boeing, maybe borrowing soleimani and going to buy market to bring in cash. they need it. because of the 737 shot saga which drags on. boeing is down to 321 this morning. overall, we are going to be down on the opening bell this morning. a modest decline. how about this one, congress one moon messing water, says that impeachment is far from over the
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president trump. >> watches. >> we will not stop, whether or not that leads to another impeachment activity, i don't know. but i know we must continue with the work that our constituents have been and have elected us to come to congress today. >> internal impeachment. why not. it's just pure politics is met. and you've heard about the accidents right it turns out that some playing blue states are taking their politics with them. and that is turning some rents case a little purpleish. full story. we have a free. the iranian parliament member offering a bounty on whomsoever killed before killed who whomsoever killed president trump. out rages. but we will do that next.
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>> and iranian mp reportedly offered a bounty on president
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trump. that is outrageous. it's an iranian parliament. he offered a $3m dollar in cash reward to anyone who kills trump he said quote unquote. by the way the is an mp4 providence which is the same promise that qassem soleimani king from. so this is where this anger is coming from. he says that a martyred soleimani is more dangerous than living one is application is that the military leader is more powerful in depth than he was in life. >> i don't know president trump will respond with that. in new york said don't threaten americans. in that is a very direct threat printed. >> i don't know how or if he will respond. so just ignore it. he could just ignore it. >> he could that would be his home. that's get to that deadly coronavirus. it is taken six flights already. susan, bring me up to speed.
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>> is tripling over the weekend. 300 cases are still based and found but it has spread. we'll bring up the map for you. a case has now been confirmed in beijing and shanghai. and across the border in japan and south korea. and airlines also monitoring those traveling from 20s. because this is a chinese new year holiday. millions are traveling. this is a big concern because people are reminiscing about what happened in 2002 with the bizarre fires killing close to 800 during that time. and human transition has now been confirmed as well by leading health experts in china. >> that is corona virus, person to person contact. >> that's right. that is the scary part. >> susan, good stuff.
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doctor, first of all is there a cure or vaccine. >> know if there is no cure and no vaccine. it's a coronavirus that we saw in 2003 that did kill 800 people and it started off probably from seafood. but it is susan just sent to you, is change now. he goes human to human. in order to contain this, you have to figure out who gets it by who contacts people who already have it. in the some of the chinese health officials are good at. that's what are centers of disease control bowsprit is called contact tracing. and you say this person has a and person is in touch with it. and the problem with it is that it is flu season and whose systems are not that different. this virus can cause pneumonia and deadly. but it also is an upper respiratory virus so even though they are checking people airports, going into san francisco scan san francisco, what are they checking for them, will fever. beaver can be any of that. it is hard to contain this.
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it is going to spread here. >> that is if it is person-to-person contact. it makes people very wary about contact with other people which has down on travel which makes people stay home and they don't go into crowds. that paralyzes a country. it is like 2002 in 2003. >> you are absolutely right, you can actually get it from touching services. you can actually get it from touching things that other people untouched. you're going to see in the united states, are hospitals on the west coast, they're already gearing up an action plan. we will be seeing cases in california is my prediction. >> that is your prediction. >> because of travel. >> but we can contain it more easily than trying to can it. is that what you're saying pretty. >> that is right. we also don't know how contagious is yet. we don't know how easy it is. we projected that it would be worse than it ended up being.
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in the end it stopped transmitting. we don't know yet. we have to be in the lookout. it is hard to differentiate this from other respiratory viruses. it. >> person-to-person contact, no contact, no vaccine. cdc is involved. let's look at one big company, giant company, is called google. we refer to it as google. they are holding onto the trillion million dollar market. premarket. 1475. is the dollar company. microsoft, still in the, close to record territory, down a bit premarket. 166 and 167 level. not bad at all. look at futures please. down across the board. maybe ten the s&p and 28 on the nasdaq. if you get a chance to see this, they are celebrating their tenth
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year anniversary. quite arrive. we have the highlights to show you from your big show yet today. don't miss it. highlights coming up next.
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these are the original company members. ten years ago, this is how we started. >> i am so happy to be together here. >> you did you believe that all three of us would be on this show ten years ago. >> is change my life for many years. you took a shot of me in the mornings because me being out at night was very difficult when my kids were little. >> and if you listen to people from back then, he would've made of no money. if you listen to us, he was 88 sit tight. you are the business men still, we let me show. we love you. >> is my great delight that we have been friends and colleagues over the course of that time. it is amazing to think that we are marching everything off in decades today and i am only 57. >> put that picture back up
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there again. every time we do an anniversary show up comes the awful picture. >> you or somebody case. >> susan i'm sorry you are here yesterday because you played a big role in our show in the recent years and it's a shame that you couldn't be here. >> i saw it from home. i didn't know he had so much hair back then. i love that picture. and the glasses i enjoyed two. that was back in and 2011. thousand fashion statement. >> i had new google glasses and the actually works. i was wearing them and i clicked button and i asked for whether forecast in new york and it was right. that was before that happened. >> stay healthy, day in the
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state. >> you said red bull. [laughter]. good idea. enough of this. let's not get off. [laughter]. is the premarket and is three and one third percent, but is more than from the time in july of last year but we will take it. 113 and beyond the meat. overall, the market opens in five minutes. we will be down across the board. while the back everybody, good to get this market going again left her with us and we'll be back in a moment printed. he wanted a man cave in our new home. but she wanted to be close to nature. so, we met in the middle. ohhhhh! look who just woke up! you are so cute!
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but one thing we could both agree on was getting geico to help with homeowners insurance. yeah, it was really easy and we saved a bunch of money. oh, you got it. you are such a smart bear! call geico and see how easy saving on homeowners and condo insurance can be. every year, our analysts visit thousands of companies, in a multitude of countries, where we get to know the people that drive a company's growth and gain new perspectives. that's why we go beyond the numbers. t. rowe price. invest with confidence. that's why we go beyond the numbers. it's either the assucertification process. or it isn't. it's either testing an array of advanced safety systems. or it isn't. it's either the peace of mind of a standard 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 march 2nd. only at your authorized mercedes-benz dealer.
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>> we will justify, more money comes in off of the sidelines. this is a positive feedback. i'm looking for 20 percent this year. >> 20 percent this year. >> that took our breath away. on the market yesterday. of another 20 percent this year on the dow. talk about take your breath away. when you say. at 20 percent. >> it is doable. these possible if we get for
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shooting hyper short and forget about what happened last year and to say we are tacking upon last year it doesn't matter. you can earnings continue to grow. and if the economy continues to grow strong why can't we get it. >> it takes your breath away. it is 930. tuesday morning back at business, wall street has reopened after a long holiday weekend and here's where we are in the very early going. i have to tell you that there's a sea of running on the left-hand side of the screen. already got four dow starts up and the rest are mostly down and in the very first few seconds of training where down 80 points on the dow. the s&p 500, it's back. that is down about the same amount about a quarter of 1 percent and as for the nasdaq, pretty sure is down same amount about a quarter of 1 percent. were talking about netflix every member has the program. stuart:
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they report profits after the milk today. the down about 68 at 337. someone on wall street are looking for the rightmost gigabyte out of netflix bottom line. what is mike murphy stated that. >> i think the competition is the real key for netflix. they have to show that they were able to grow the customer base but only in europe but in the united states. they were able to do that is quarter in the stock is been moving strong in spite of that. and they don't show increased user growth. it has a lot of exposure. stuart: after some people unsubscribing, have them enjoy that. ashley: in the previous quarter from last year, they are looking for 7 million internationally and 600,000 here in the u.s. but netflix expect a modest headwind. because of the new competition. we have hbo max, at&t, you name
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it, a lot of competition coming in the pipeline. by the way options always like there is a big moment after earnings of about 4 percent is expected later on today. stuart: watch that one. this war is upon us. this streaming work. we've got to see who winds or loses. were going to find out. >> so much debt. ashley: three they have to have a lot of time to consume us. stuart: are you invested in stringing wars. mike: there's a much larger piece here. i think disney will be a huge winner. stuart: let's get to apple. we bought you this news yesterday but it's a big deal. & on a multiyear deal. seinfeld start, comedy legend. mike: she was a lane on hbo and then she signed it multi- deal
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swimming deal with apple to development projects both as an executive producer and a star. this is a big thing. stuart: are calling susan sitting there shaking your head in saint affairs. >> i would like to see if i take it on the scale. but apple is struggling right after spending $6 billion in content. in spent 13 or $14 million well in terms of the excitement. the number of people that is actually signed up pretty and you get free for your first year on a device anyway. how does that accounted to the bottom line. it doesn't the first 12 months. i think some would say that there isn't a lot of buzz for content right now. stuart: maybe the market is down with you because the stand above. as a dollar far. let you go. welcome back by the way. let's look at tesla there are accusations here about seven
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acts of celebration. the company is firing back on this and look at the stock 27 and against the market that proves a 5 percent gain for tesla. why are they turning back. susan: probably because it's a short seller behind the company. they lost a million dollars last year. the last few hundred million dollars already this year so they sent this could completely fall and was gone when the people who aren't losing the church. again tesla is most shortest stock on the market. 14.8 billion from what i've seen. they're predicting out the sox will fall eventually and compare the sample was is the second shortest by 3 billion. stuart: new streets, some henneman vestment thing. they raise their target to $800. maybe that is why it is up 26 bucks. mike: here's the thing on tesla, you can't value this against the
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ford, it's a different company. susan pointed out, huge shortage interests. you would expect short covering. she would have a short squeeze. but it hasn't dropped. at times you in order for the shortest to get out and give up and take their losses, going to have to buy back into the sox. selective a lot more room to tesla. stuart: is more of a short squeeze. it was a technical thing. google all-time high. mike: never hitting another high today. stuart: that's just amazing incident. susan: there it is. stuart: there he goes it's just debt. 14796 on google. missed it. i am going to call this good news for a couple of big-name tech stocks. print point that digital tax which would've applied to what
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google and facebook and all of the big usa companies. ashley: mike: it would've been a 3 percent tax on that revenue. in the u.s. and said no. and now this proposal has been pushed back to the end of the year. while they try to work out a deal. the first down payment would've been due in april. we are talking some big money. good news for the tech company while the u.s. and france to figure out all of this apparatus. stuart: the all-time high top left of your screen, is 1486. due to him back this morning. 1483 it was a high hit this morning and back off now by two bucks. damn two bucks now. 14797. check the big board. we will come back. now we are urged out about 40. the ten year treasury yield was morning, important stuff. it is down two basis points 1799. that applies money going into treasuries for the security which pushes the price up in the
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yelled down. there you have it now. the price of cold this morning is around 1550. it's actually downfall bucks. about the price of oil ? it is 5826. and how about going. as a doubt stock and now it is looking to borrow $10 billion. that is the report that we are hearing to cope with the next jet crisis. we knew they were going to borrow 5 million. now my be 10 billion. that is not helping the stock on the, it is best of 30 cents. rbc capital, raised his price target on microsoft to hundred $80 a share. mike: do you sell that stock. stuart: let's bring in jerry. i know perfectly well, i sold too early. go ahead. susan: images from that in a little bit for it is just not been raising his price. it is also amcor raising the
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price targets to 180. another stock of over 55 percent over 52 weeks, and 5.9 percent year to date. with only had 1212 training days. today's the 13th training day of the year. on half of those days, the market has hit new highs. so i think the real signal here would be a start getting back into the pool on microsoft. will that happen. it's the one i have on that whatsoever sorry. okay erupted in well. thank you jerry. and general motors has unveiled its first driverless car. susan: there just getting into the driverless car. gm new electric vehicle. there is no that is, no steering wheel, where is the traditional autonomous south derby cars, so that those. and in some cases still have the
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drivers in there as well as a precautionary measure. i think he is falling behind the curve. we know tesla news market is already more than four and the others combined. 10 percent cells. stuart: general motors is absolutely doing nothing in the sox. mike: news value tracks from each of people watching. at home. they look very attractive. but there are other areas in microsoft names where you can find growth. stuart: don't sell it too early. thank you mike. thank you for being with us. check out the big more. we are ten minutes into the session the down. did you hear about this, congress woman summing own party for not being progressive enough just watch this please. >> we don't have a part in the the united states. the democratic party is a center
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center conservative party. stuart: excuse me. a sensor or center conservative, out. she supporting bring sandalwood sanders. is this a bad view. a lifelong it capitol hill. the impeachment trial begins. i, might already made up. and i believe no good will come of this. you've heard about that activist, turns out that some are clean blue states taking their politics with them. my next guest say that a straight road states, slightly purpleish. good story. we are on after this. at fidelity, online u.s. stocks and etfs are commission-free. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk
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apps except work.rywhere... why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com stuart: all right the dow is down about 50 points. 29300 that is where we are. a new book, the liberal invasion
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of red state america. sounds ominous print she joins us now. what the big show. now the premise of the book is, the new state people, moving because of high taxes. but they take their politics with them to write essays and turn them slightly purpleish. >> right. some residents are playing these high tax blue stays in record numbers going to low tax states like texas and they take their politics with them. and often, this trend is so significant that new york and california are set to lose congressional seats while florida and texas are set again and rational seats. on one hand, this trend is vindicating to republicans who event concerning for years and on the other hand it's 20 make it harder for republicans when future elections. the ten fastest growing states last year were low tax states. all of these places printed in
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the 2018 inches. look at texas. they are going faster than cities in any other state in texas can really become a swing state. will acclimate when i say that but it's true. stuart: that is because the state people have moved to austin texas places like that. in taking their politics with them and they claim or clean on to higher taxes. i don't get it. as i was researching for my new book is that blue straight residents are likely to vote for democrats are those who motivate state rural areas are even seminaries are more likely to vote for republicans. so this is largely an urban versus rural story. in each day is becoming a lot more horizon. but overall red states seem to represent the economic future. think about it. if you're young person just starting your life, would you rather be in arizona are texas where he can keep more of your money, rent is more affordable and jobs are bountiful or be in
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california or new york where up to 50 percent of your paycheck is going to various levels of tax or whatever you got left. it's going to your son high rent. for many people this is a no-brainer. stuart: let me assure you that if you make serious money and you live in new york city. you lose way more than half of your income and that is a fact. >> they're paying 12.8 percent on average just on state and city taxes. the average rent for a one-bedroom apartment in brooklyn and manhattan is $3k month. and of course, these building restrictions and rent control policies and championed by bill bellagio. it makes this problem worse. stuart: and his health. [laughter]. good one. kristin, the book is out today. to me the title again. >> kristen: the liberal invasion of rinsing american. there are lots of reasons to be optimistic. i have outlined those reasons as well.
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stuart: about the optimism. not that negative stuff. kristen, thank you very much. look at american airlines, jetblue and southwest as well. what are they doing. they are adding extra flights? >> they are adding place. they want this for the super bowl. so you have all of the section on what nonstop flights. there will be a total of i believe two days before beginning at five nonstops in kansas city. american airlines and a lot of multiple nonstop flights and san francisco and jetblue doing the same thing. more than a dozen flights between san francisco. interesting on jetblue, they are also adding ten flights from jfk to fort lauderdale. people want to go down there. an additional 2000 people. anybody who can afford a super bowl ticket, can hardly afford to take their own jet down to south florida. stuart:
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i just want to hear the news. when they have charter flights out of newark new jersey to liverpool england to watch the greatest soccer team ever. mike: i wouldn't hold my breath but that would be a good idea. stuart: dean of the producer dissent. shocking, but this program is so successful when you have conversations about english soccer. leave me alone. i am going to go back to football. our star player patrick mahon news, is a top 50 player. >> merchandise king. these t-shirts and bubble heads and looking to be number one this year. up to 30 percent from last year. and this means that basically if you win, you actually get merchandise. so news number one for two seasons before him, and was elliott of the dallas cowboys.
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and before him, wilson. the seattle seahawks. stuart: two-point, mahon news is now top of the bullet the list. does he get a piece of the action. >> there at 1.5 billion and out of that 90 million, but royalties are shared within the unions and in the pool, playspace the players printed. stuart: so it doesn't actually go directly to mccombs. he doesn't get a piece of every jersey because all pretty go to a pool and you might get some of the pool printed. >> is the union and player pool. but this kid is not hurting. it's going to get a flight check to play for the kansas city chiefs. stuart: news name and his success that leads to that revenue, and he should get it in my opinion. >> the league by the way gives them the opportunity to sell the jerseys in the merchandise. stuart: you are such a collectivistic. welcome back. [laughter]. i say we have an improvement.
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two thirds of the dow red in the dow news overall down. it's only been a few days since megan and harry have cut ties. they're looking to cut a deal with the couple. we've got details on that. it's coming up in our next hour. ♪
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some people say that's ridiculous. i dress how i feel. yesterday i felt bold with boundless energy. this morning i woke up calm and unbreakable. tomorrow? who knows. age is just an illusion. how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website.
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make the world you want. stuart: not much of market movement thus far this morning. down 40 in the dow. nevis. starbucks, going even more green. what's. it gives more than it takes from the planet. we are talking about storing more carbon than it emits. eliminate waste providing more clean fresh water than it uses. environmentally friendly menu. reusable packaging and so on and so on. jump on that bandwagon. why not. if you are looking for some geewhiz neck and luxury item to spruce up your kitchen or bathroom, we have a segment for you. jeff is at the kitchen and bath
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industry show in las vegas of all places. we've got jeff. >> jeff: what happens in las vegas is not just staying in vegas. i'm in the kitchen this morning. believe it or not, this, what is his call time. this is the ge kitchen pub. this is a tv studio in your kitchen. and why is that good credit to a gives great because this is where all the activity happens. >> show me show me show me. can we watch tv by the way. this is your range, hey, what are they watching. the men that. >> any thank you want. >> this mess up my menu. >> that is the right part. this is the activity center. we can come in and we have thousands of recipes. >> you walk me through msp. i think that thing and it tells
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me, even he could cook. >> all the steps are right there. here is the steamy studio part of it. show me cameras. there are cameras. there are a lot of people who do videos of their cooking and that sort of thing. this. i can chat with somebody if her mother was a good cook, which he wasn't, but it is a hey mom, take a look and can see what i'm thinking. look at this on the screen, take a look. this and that, look at this. that is on the screen. i can stick my head in there. [laughter]. and if you think that is not enough cameras, one must think. on the ipad, you be watching me thinking on this that there. there is the chicken in the oven, and there is the chicken in the oven. [laughter]. what can i tell you. stuart: that is so cool jeff, i really can see the usefulness of that. that is if you cook.
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>> of course is so cool you've got have. stuart: i couldn't hear what you said because i'm a producer in my ear. let's get on with it. [laughter]. subject thank you very much. serious stuff now. president is and i was prayed in a the world know all about the success. >> is the witch hunt that has been going on for years. it is disgraceful. we look forward to being here. and were meeting with the biggest companies in the world. the biggest businesses in the world and world leaders. all for the betterment of the united states. it. stuart: i don't know about you, i made my mind. no good at this will come of this impeachment stuff. it still on the subject, hard that the mentor not being political in this process. maxine waters says impeachment is forever. we will be back.
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stuart: in a few hours the impeachment trial begins. i will not be watching. my mind is made up. i have a clear opinion on this the president has not committed an impeachable offense. this trial is entirely political. it is the result of hatred on a grand scale, pursued by vindictive democrats who will never get over hillary clinton's loss. they just don't like him or his style, his language, his presidency. hell hath no fury like a democrat scorned. no good will comp this. think of what the company is about to be subjected to. the impeachment media will fill your screen with wall-to-wall lawyering. endless arguments who said what to who and when. people you never heard of and soon will forget. it may go on for weeks. this, speaker pelosi, says, will save the nation from imminent peril. i think not.
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it it actually exposes the speaker to ridicule. if the nation is in peril, why dud she delay the trial for a month. this is wasting time and opportunity. congress could be helping or the narrowedry people in their everyday lives. instead it is trashing a very successful president. i hope you're able to hear president trump's opening remarks at davos this morning. he said prosperity has come thundering back. our success is based on the american worker. that is what ordinary, every day people really care about. i hope there are consequences to this impeachment charade and those consequences should be imposed at the ballot box. it is tuesday, january the 21st. 287 days to the election and the second hour of "varney & company" is about to begin. ♪. jason chaffetz with us now,
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fox news contributor. jason i hope you heard my little rant there. i think nothing good will come of the impeachment nonsense. it will be over soon. that is what i hope? >> i agree with you on this one, stuart. i think it will be a distraction for the nation. it will inhibit the ability of congress to actually do something even though the president is putting together trade deals and making things happen for our economy. the congress will be an absolute joke thanks to the speaker. it will envelop washington, d.c. for weeks, it is totally unnecessary. democrats always presupposed this is what will happen. nancy pelosi says herself she has been working on this 2 1/2 years. congressman al green we better impeach him because we're afraid he might get reelected. stuart: pathetic. listen to what congresswoman maxine waters said about impeachment. roll that tape, please. >> we will not stop. whether or not that leads to another impeachment activity, i
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don't know but i know we must continue with the work that our constituents have elected us to come to congress to do. stuart: impeachment now, impeachment forever. i don't think that works. >> yeah, well, in direct contradiction to what democrat talking points supposedly are. nobody really wants to do this. nobody got elected to congress to do this but when you hear from maxine waters, chairman of financial services in the house of representatives, that is exactly what she said she is trying to do. look to the "washington post" on january 20th, when the president was sworn in. impeachment proceedings have begun. you had more than 70 house democrats who already signed a resolution to impeach the president before the mueller report was even done. at the end of the day, stuart, they have no evidence. if you can't summarize the evidence against the president in two minutes, which they can't do, they have nothing except
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flailing. schumer is really good at flailing. i will give him that. stuart: i have not really followed the polls. i'm not sure what the polls are telling us about impeachment but you give me your impression how the general public voters, really feel about what's going on in d.c. at this moment? >> i think the polling behind the scenes showed that the democrats are totally focused on impeachment, not getting other business done. remember nancy pelosi sat on that usmca deal for a year. it could have been done a year ago. but she sat on it. suddenly the polling came in, said, wait a second. you're distracting, you can't walk and chew gum too. suddenly all of sudden, hey, the usmca is good. that is the best evidence, stuart, that is out there that the american public, it is really, inside the bubble of washington, d.c., it is not something that on main street in indiana or illinois. not something people are talking about. stuart: i can't see america
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being glued to wall-to-wall lawyering week after week. i just can't see it with due respect to lawyers. jason, thanks very much for joining us. even though you might be a lawyer. jason. good to see you again. we'll probably hear from the president soon. he is holding one of these bilateral meetings with world leaders including the president of the swiss federation. if we hear from him you will too. that will be pronto. earlier this morning the president took a victory lap on the economy. watch this. >> this is a blue-collar boom. since my election the net worth of the bottom half of wage earners has increased by plus 47%. the american dream is back, bigger, better and stronger than ever before. stuart: that was a brief clip what he had to say. he was touting all kinds of success for our economy and his policies. market watcher jim awad back with us.
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jim, it was a very powerful speech. i thought so. >> yeah. stuart: covering all bases on our success. >> yeah. stuart: does it affect the market? >> i think it gives the market confidence. he spoke to what is actually happening and why the market has been going up because of success we've been having economically. its with a victory lap. i think it was a campaign speech. it was well-articulated and spoke to the power of the american economy, how well it is doing, why stocks had such a good year last year, starting off this year in pretty good shape. we're doing very well. stuart: susan, thank you very much. >> i attended the davos forum. to me seems of passe. the talk of globalization, that's dead. in this new era, seems like of a bygone era. stuart: he confronted them, didn't he? they were all there to talk about climate change or income inequality and he county fronts them head on. >> we're envy of the world. >> he was trump. when he disagrees with you, he
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gets in your face and he drills down and owe doesn't give up, and that is what he was doing. he was basically saying to the world community, look what we accomplished. you ought to do it yourself, your people would be better off if we did. whether you like the guy or not, the economy is great,. stuart: that is great expression, whether you like the guy or not the economy is doing great. >> he is not easy guy to like up. you have to respect what he has done with the economy. stuart: whatever you say, jim. listen to matt che, national retail federation president, what matt che had to say about consumer confidence. >> i think this administration and this president deserve enormous president over the last three years. see what happened with tax reform, tax rate reductions, regulatory reform. overall level of optimism and consumer confidence in our economy. stuart: matt shea was talking
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about a 4.1% gain in holiday says, 2019 over 2018. stellar performance. >> absolutely. jobs are growing. wages are growing. confidence is up. with trade deal signed, you probably get business spending doing better here. i think economy could surprise us on the upside, barring unforeseen surprise i think we're in pretty good shape. i think markets are telling you that. corporations are telling you that with earnings reports. it doesn't get better than this. low inflation. low interest rates and growing economy and growing profits. stuart: amazing to me after 11 years, we still have professionals in the market saying stuff like that. that blows me away. >> you have to pay attention to valuations. stocks are not as cheap as they were. you can't let your guard down. you can't buy low quality. buy companies with earnings. basically can't get sloppy after you had this kind of a run. we are in good shape. stuart: i wish you were here for our 10th anniversary show. we owe you gratitude for being
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here all these years jim. >> i watched every minute. congratulations on the show. i know you a long time. stuart: serious stuff. here we go, shares in chinese drugmakers jumping. i think because of the outbreak of coronavirus. it is worsening. details, susan. susan: rose by 10% the daily trading limit in shanghai. face mask makers jumping as well. overall market decline a big selloff in shanghai, down 2%. hong kong hang seng index was down. reminiscent what happened 2002, mostly affected hong kong, killed 800 people. this time the virus killed 6, but spreading around the chinese epicenter of it. we're talking about outside of china, thailand, japan, south korea. airlines are keeping close eye
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on travelers this time of year. stuart: financial impact from the coronavirus. >> absolutely. stuart: breaking news after this week, the supreme court declined to fast track consideration whether hear democrat representatives, state appeals in defense of obamacare. explain that to me. ashley: what really means. if you remember a judge in texas ruled the individual mandate was not constitutional. therefore invalidated all of obamacare. that got appealed to the fifth circuit court of appeals who agreed, the individual mandate was indeed not constitutional but refused to take it a step further, saying it would wipe out all of the health care bill itself. so this, democratic house and others went to the supreme court, said let's fast track this. we want you to rule on this. they wanted this as issue to be discussed prior to the 2020 election, believing they could get some traction out of it. again, republicans. that is not going to happen. apparently supreme court says no
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stuart: got it. complicated stuff. ashley: it is. stuart: i think we got it. congresswoman alexandria ocasio-cortez has declared the democrat party a center, center conservative party. oh, really? we have exactly what she said and you will see it. it is only mid-january and the president's victories keep being racked up. first china trade, usmca, now a truce on the digital tax with france's emmanuel macron. lots of winning on the president's part. moments from now we'll likely hear from him. he is meeting with world leaders. when he speaks, he probably will, we'll take you there, you will hear exactly what he has got to say. more "varney" after this. ♪.
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stuart: president trump's in davos for the world economic
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forum. he is holding a series of bilateral meetings including one with the president of the swiss federation. he is due to speak. when he speaks you will hear him. check the big board. we're 45 minutes into the session. we're down 60 points at the moment. about a quarter of 1%. boeing looking to borrow $10 billion because of this max jet crisis. the money would be used to address rising costs at the company. it is down a buck at 323. uber has been creeping up recently. this morning it is up nearly 3%, up a buck 36. the sale of delivery business in india has been confirmed. that helps the stock. 36 on uber. how about tesla. new street. investment advisory firm, raised target price to $800 a share. what is moving the stock up, 33 bucks, is a short squeeze. a technical thing which makes buyers buy. 5433, tesla. >> >> president trump and president
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emmanuel macron of france declared a truce on the digital tax issue. before you go any further, i'm calling that a trump win, not a truce. ashley: it is a trump win. this has gotten a little nasty, france last july, 3% tax, basically on all the big american tech companies who make revenue in france. they have to reach some sort of a $30 million in france, 800 around the world, it hit primarily the american tech companies and the first down payment was due this april. the president has said, wait a minute, hold, hold. if you do that, then we'll tax your champagne, your handbags, cheese, anything french, toast, we're going to tax it. so they had a phone call. decided let's wait a minute. they put it off until the end of the year to see if they come to some sort of a agreement. this is issue, digital tax around the world. there will be a ruling of some the sort that eventually costs the big tech companies. stuart: however, another example
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where big stick of tariffs worked. ashley: correct. stuart: it brings them to the table. >> you do that, we do this. stuart: yes. you're not going to like it. ashley: and they blinked. stuart: the president in davos this morning, he had a lot of foreign policy victories. hold on a second. i think we got to the president speaking. we got to go to that. here he is. >> the u.s. is happy with the result. we appreciate very much what president macron did. thank you. [shouting questions] >> let's go. >> thank you. stuart: well. we were expecting more. all we got was a very brief sentence there from the president about emmanuel macron and the digital tax thing. then, as you saw, the people in the room ushered out, the media, who were barraging him with
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questions of all kinds. say that again, justin? i believe there were some kind of technical issue. so we can repeat what he said. it wasn't just that brief outline of the digital tax. when we fix the technical issue. we'll get to see exactly what the president said. ashley: i kind of wonder whether they know the president's reputation, trying to shut him down a bit, usher him out quicker, he is very dominating. i'm sure the powers that be at davos don't want to be dominating. there may be a little bit of that. stuart: he may have said something the market doesn't like. we went from mine husband -- minus 40 to mine must 80. this is speculation. look who is with me, ohio congressman warren davidson. he has a big smile on his face this morning. >> absolutely. stuart: what did you think of the president's speech this morning? >> i thought it was fantastic.
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we came back to davos. we told you we are doing it. we're making america great again. we're revitalizing our economy even better than what he promised. people were skeptics. he delivered on it. stuart: he related through all the good things about america's economy. unemployment rate, 3 1/2%, lowest in 50 years. youth unemployment, lowest recorded. women a majority of the workforce. two million millenials gotten jobs. 10 million off welfare. the man went on for 20 minutes about this great economy. it occurs to me kind of stuck it to his audience. >> he was polite about it but he definitely showed the contrast. look at headlines out of davos. global growth fears. no global growth fears in america. not america growth fears. america economy is doing great. the markets are showing that. enthusiasm shows that. frankly lots of station don't want to cover the economy because it is so good but i will tell you in ohio we're not yet
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sick ever winning. stuart: i bet you're not. you're a swing state. are you a swing state these days or solidly in the trump camp? >> solidly moving to the president. his message totally calibrated what happened to ohio. about time somebody dealt with trade. you talked about china. people said you could have done it this way or that way a little differently. reality no one else was doing it. he delivered on it. you look at regulatory reform. people said oh, you can't do that. you can't leave the paris climate accord. you can't do this. reality it all has been done. the results have been great. stuart: quickly the economy in ohio is? >> strong and getting stronger. stuart: leave it at that warren davidson. thanks for being with us. sorry it is so short, when you have the president on the air you have to go to president. that is how it is. >> i understand. congratulations on 10 years, stuart. stuart: thank you, sir. again we'll probably hear a bit more from the president. he is holding these bilateral meetings. he is due to speak at them.
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again i will say it again. when we get a clean tape, we'll run it for you. that is a promise. now this, i can't get my arms around this one. an iranian politician announced a multimillion-dollar bounty whom so ever kills trump. outrageous in my opinion. we'll cover it after this. you always drive this slow? how did you make someone i love? that must be why you're always so late. i do not speed. and that's saving me cash with drivewise. my son, he did say that you were the safe option. and that's the nicest thing you ever said to me. so get allstate. stop bossing. where good drivers save 40% for avoiding mayhem, like me. this is my son's favorite color, you should try it. [mayhem] you always drive like an old lady? [tina] you're an old lady.
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stuart: we took a downturn a few moments ago. we're down 90 points, 1/3 of 1%. trying to figure out the reason for the sudden downturn. when we find it out we'll bring it to you. now this, outrage, iranian parliament member offering a party whom sorry kills president trump. ashley: yeah. three million in cash for anyone that kills trump. that is part of the speech in
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the iranian parliament. he is from the kerwin province, this particular province. same as qassem soleimani. he did this with a bit of vigor. the martyr soleimani is much more dangerous than the soleimani when he was arrive. we will mick good on this you make sure of it. we indeed will give three million in cash to whomever kills trump. stuart: what is the president's response to that? a direct threat on his life. okay, from some iranian politician. but the president has said in the past, don't threaten america. ashley: he has indeed. stuart: don't threaten us. we'll see how it works out. by the way iran confirm it was russian-made missiles that they used to shoot down the ukrainian airliner earlier this month. you may have seen videotape on left-hand side of the screen moments ago. it was russian missiles. look at netflix, they report
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their earnings after the bell this afternoon. we'll be watching for news on its subscriber base. did i grow, did it shrink. what happens with the competition? we're asking netflix cofounder and first ceo about that in just a moment. "megxit" saga continues. we found it rather humorous yesterday and so did mike huckabee. watch this. >> varney, can i congratulate you, you had a show lasted nine years longer than the duchess of sussex. so you have something to boast about today. ashley: yeah.
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stuart: coming up 10:30, we're waiting for full tape what
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president trump had to say a few moments ago. don't know what he said. there was a technical glitch but we are reracking that tape. you will get it real fast. later today, after the closing bell we'll get earnings from netflix, before that, happens the market is pushing netflix down $4.83. come in mark randolph, netflix co-founder, and it is first ceo. good to see you again. >> thank you, stuart. pleasure to be with you. stuart: now then, it seems to me the whole point about today's report from netflix did they gain or did they lose subscribers in a competitive environment. that is what it is all about, right? >> well you know i think it is a little bit shortsighted. i think of course they are going to gain. the real question is, is disney eating into their share? the point is they're to the competing with each other. i think both disney and netflix, as well as all other streaming providers are really competing
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for people's time. as reed hastings sometimes says, they're competing with sleep. i mean, average american watches, what, five 1/2 hours of tv a day? netflix has 10% of that. i think what we're looking at here, is a validation that internet television is the future. i think that is really, really validating for netflix. it is validating for me, who struggled 15 years to get this thing going. so i think what we're seeing now is just proof that internet tv is here to stay. stuart: how many streaming services do you think that an average, everyday american household will actually buy into? >> that is a really interesting question. i think they will probably buy into two or three of the major players. they will buy into a netflix. they will buy into a peacock. they will buy into a hulu. the question, are they filling it out the way they might have filled out a cable bundle? there is over 250 different
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streaming services that are catering to all kinds of niche markets. i, for example, i subscribe to a service that provides australian rules football. now that is pretty niche. but there is room now for those specialized interests. stuart: forgive me, sir, i can't forgive asking why a man with american accent should be watching australian rules football? >> it is one of the wildest sports i have been exposed to. look, you know, we all have strange tastes. who knows, you know? stuart: how about this, this truce on the digital tax? i'm sure you've seen it. there seems to be a truce between america and france. we're not going to impose the tariffs on french wine and cheese. they won't impose the digital tax. that really makes much of a difference to the googles, facebooks of this world? >> you know certainly i don't have a horse in this race. i can kind of be neutral on this
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position. i think an inevitable trend what's happening as streaming services are becoming global. they are all going to have to struggle with this. it will be more than just, can you satisfy customers. it is going to be more, can you have the right localized content. you will certainly have to navigate the political field as well. i think this is part and parcel what it takes to be a global streaming service. stuart: sir, i have to ask you, you were the first ceo of netflix way back when. at what point did you realize, did the bell go off, you realized, wait a minute, this can be a global market of billions on the internet? when did you realize that? >> stuart, this was an interesting last few weeks because as you may have read netflix won more oscar nominations than any studio. that blew my mind, i never in a million years envisioned, that netflix would be considered a
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hollywood studio no less that it would win more oscar nominations than anybody else. i quite frankly am as surprised anybody with what amazing progress netflix has had. if there was a point i realized netflix might actually become something, it was surprisingly when i saw netflix was a clue in "the new york times" crossword puzzle. you take the cultural validations where you get them. stuart: that is pretty good. look, sir, thank you very much for being on the show, marc. you have expertise we don't have and you got insight we don't have. appreciate you here. marc randolph. >> watching earnings with all of us. it will be a interesting quarter. stuart: we hope you are watching fox business. we're covering 4:00 this afternoon, the netflix earning on this network. i see the president, that is the president of the swiss federation is sitting with. let's listen in.
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>> we're working on other matters that are interesting. today we'll discuss largely trade with switzerland. they would like to do an agreement. we'll see what we can do. thank you all for being with us, thank you very much. >> thank you, very much, mr. president. welcome to your delegation. glad to have you here. glad to continue our contact. contact with my predecessor last year. >> that's right. that's right. >> and we know that switzerlandpresident is only for one year. >> right. >> so you can see the diversity of swiss presidents. we have different languages. he will be the president next year. >> oh, good. >> talking french to him. german. afterwards mr.-- italian speaking. we have a female. male president. different cultures that makes part of switzerland. very glad to have this talk on our diplomatic channels. we agreed on main issues.
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talk about our bilateral relations, including good offices of switzerland and our economic ties we have. something which is concerning everybody. global, i think it is worth to talk about that. >> sure. >> minister of the environment as well. also something that is everyday on my agenda. >> good. >> so we have a lot to talk about. very glad -- >> look forward to it. thank you. thank you very much, everybody. thank you. reporter: president macron -- [inaudible] >> very good conversation. worked out very well. the u.s. is very happy with the result. and we appreciate very much what president macron did, thank you. [shouting questions] >> come on. let's let's go. stuart: okay. that was it.
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i thought there was more. but there was not. that was it. very short, sharp, to the point and we didn't learn anything. i was speculating earlier that there was something on that tape which had a glitch in it, which had taken the market down, because at one point, the market suddenly dropped from a minus 60 to a minus 110. it has come back to minus 68. there wasn't anything in the tape because the tape was not very long. ashley: i i heard harry and meghan are filing litigation against paparazzi shots. they are camped out with long lenses, the royal couple say, uh-uh. if they thought it was quieter life, here we go. stuart: british tabloids are aggressive, that is true. susan: don't they have protection in the uk, harry and
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meghan. ashley: they have rules. susan: you never saw paparazzi shots of them walking in the park, going to the airport. it is free-for-all in canada. they're no longer royals and commoners. ashley: he is still a prince. susan: where is the security though? stuart: only thing they may not say hrh, his or her royal highness. they're the duke and duchess, but not royal highness. susan: canada is not paying for the security detail. this is the result of it. stuart: it is tough. ashley: this is all according to sky news. stuart: sky is doing this. trouble already. i hate to say it. ashley: fascinating. stuart: check the big board. we come all the way back to where we started 20 minutes ago. we're down 60 points, quarter of 1%. 29,280. in an interview, hillary clinton had some harsh words for bernie sanders. and in her upcoming documentary series she unsurprisingly calls president trump's presidency, overall really bad.
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more on that for sure. there is this. congresswoman alexandria ocasio-cortez declared the democrat party a center, center conservative party. we'll tell you all about it after this. ♪. so what are you working on? >>i'm searching for info on options trading, and look, it feels like i'm just wasting time. wasted time is wasted opportunity. >>exactly. that's why td ameritrade designed a first-of-its-kind, personalized education center. see, you just >>oh, this is easy. yeah, and that's >>oh, just what i need. courses on options trading, webcasts, tutorials. yeah. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. >>so it's like my streaming service. well exactly. well except now, you're binge learning. >>oh, i like that.
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stuart: in a new interview hillary clinton had some harsh words for senator bernie sanders. i'm going to quote directly what she said. nobody likes him. no one wants to work with him. pretty strong stuff. harlan hill with us. he is with the trump for president advisory board. now look, there is no love lost between the two here but that is a pretty harsh thing to say as bernie leads the polls for the democrats? >> well it proves that the democratic party is hardly the party of unity.
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there is a civil war that continues rage. i think it is getting worse week by week. last week when we talked bernie sanders versus elizabeth warren. now hillary clinton is offering her unwanted, undesired advice to the democratic electorate, i don't think anybody wants to hear it. stuart: do you think in the back of her mind she wants to get back in the race? i know it seems strange and farfetched, what do you think? >> absolutely. she sees this milquetoast field of candidates, nobody can get any traction. they're having a difficult time raising money, many top level candidates including former vice president biden, saying you know what? maybe this is my time. run twice before. come up short. that would be devastating to lose a third time especially to president donald trump and this economy. stuart: i have a sound bite from hillary speaking about president trump. watch this. >> go as hard as you can about all of the broken promises that he made, that people believed,
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starting with the mexicans will pay for the wall and, keep pointing out that even, if you agree with him on some things, his overall presidency is really bad. stuart: i'm not surprised that it is really bad according to hillary clinton and neither are you. >> she is delusional. we have the lowest unemployment rate in a generation. doesn't matter who you are in this country, black, white, hispanic, whatever, everyone's doing better this is a president representing everyone. let's address the mexican comment about our border. you know, it is clear that the president brought the mexican government to the table. they're putting military on the border to help defend our american border on the mexican side. so the president has done a lot of great work. he is the first president in a generation that has been able to leverage help with our allies in mexico to secure our border. it is an amazing accomplishment. stuart: in washington, d.c., in a couple of hours they will
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start the impeachment process. and harlan, i just want you to listen to this. this is what aoc, congresswoman alexandria ocasio-cortez said about the democrat party. watch this, please. >> we don't have a left party in the united states. democratic party is not a left party. the democratic party is a center, or center conservative party. stuart: all right. harlan, have at it, democrat party is a center conservative party. >> she is delusional. she is living in alternate universe. this is party of high unemployment. they don't believe in planes or cars. they want higher taxes, regulations, want socialized medicine. that is not conservative. that is not even in the middle. not what most people believe in. this is far left democratic party moving further to the left. she is delusional if she thinks anything else. stuart: not just a couple of leading candidates who are way out there. all of them favor massive tax
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increases, repeal of the tax cuts that we've already gotten and extraordinary "green new deal" regulations. i mean, how you can call a party like that, with a front-runners for the presidency, center or center conservative is utterly beyond me. last word to you, harlan? >> the two biggest candidate in my view are biden and warren. they are the most far left. and bernie as well. bernie's plan alone is a 60 trillion-dollar plan, that we just can't afford. everything from socialized medicine to free school. this is, this is crazy. we can't even begin to pay for it, let alone, presume this is anything close to conservative plan or platform. stuart: you know, for a guy who used to be a bernie sanders supporter, you have come a long way, son, you have. >> thank you, sir. stuart: glad to see it by the way. thank you, harlan. see you soon. check the big board. we've taken a dip down off 88
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points. 29,261. look at tesla. new street research raised its target price to $800 a share. at the moment tesla is up 30 bucks at 541. that is largely the result of a short squeeze as a result of new street's new target price. how about google? the new ceo calls for regulation of artificial intelligence. susan, i'm not sure if you can answer this question, a tough one, how do you regulate art firm intelligence? >> that is what sundar pichai is calling for, how do you regulate art official intelligence especially with the white house is doing, lighter touch. eu banned artificial intelligence and facial recognition for five years. data privacy an issue on european side as well. there is scary story i don't know if you read it over the weekend in "new york times," with a single photo up load it
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on and figure out who you are. law enforcement officials are using this technology. sundar pichai warning about potential harms but couple with the social opportunities because it could be helpful in the future. stuart: wait a second, take one picture of one person, so what? susan: there are law enforcement agencies across this country. basically they can take one photo of you, they scrape all the photos off facebook, other parts of the internet to figure out who you are. some say this is big breach of privacy obviously. stuart: good for law enforcement. how do you balance the two? >> if it is 100% correct yes, but if you're 75% accurate that's a problem. stuart: you got that right. we mention ad few minutes ago prince harry and his wife meghan threatened legal action over canadian paparazzi. do we have anything more on this, ash? ashley: stems from pictures appeared of meghan markle walking in a vancouver island public park with her son archie and a couple of dogs. that appeared everywhere.
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there is a permanent encamment of paparazzi outside the home they're staying at in canada with long lenses. they're getting all sorts of pictures. the couple say look, enough's enough. if you don't do this, we're going to start taking legal action. stuart: they asked for this. ashley: without their consent. stuart: you leave the royal family, go to another country, you ask for news coverage, whether you like it or not. and you will go get it. ashley: they don't operate in the new rules as the uk, they're in another country. they have to get to used to this but the authorities in canada have a agree to abide by certain rules. the photographer in the park was hiding in bushes. british media would put on scuba gear to get royals on beaches. stuart: she is famous. she wants to be actress. susan: she was an actress. stuart: she is talent actress.
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ashley: she is 100,000 times more famous. susan: canada is up in arms. saying we don't want you to live here. 80, 90% of the country said we'll not pay for your security detail. 75% them want to live in the u.s. instead of canada. connell: really? i thought the canadians would be welcome? ashley: editorial in the big newspaper there, this isn't right. stuart: canadian, i thought they were real friendly folks. >> not when toms comes to the royal family. stuart: yesterday, 10th anniversary of "varney & company." that is a billboard in times square. i'm on it. susan: is that real? stuart: yes. performers for this year's super bowl halftime show, they have been revealed. neither of them performed at the super bowl before. we will reveal who they are after this. ♪. hi, i'm bob harper,
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connell: we're down 100 points for the dow industrials. that is 1/3 of 1%. american airlines, jetblue, southwest are adding extra flights to help super bowl fans get to the event early next month.
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i don't know how many extra flights but a lot of them. if you can afford a super bowl ticket you take your own jet. that will be another story. big names performing at halftime super bowl show. i don't know who they are but kristina partsinevelos does. reporter: you know who j-lo. is? stuart: oh, yes. reporter: shakira. they have sold over 75 million records worldwide. this is big show. not only 100 season for the football league but also the, you haven't seen the, been about 50 years. those two things. most of time when you have the artists perform, they see album sales or download streams skyrocket. demi lovato performing the national anthem. overall this is a huge win for these artists. they don't get paid, don't get paid at all to perform. stuart: they don't what? ashley: calm down, stu.
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calm down. stuart: i'm out. >> maroon 5 when they performed last year, they saw the album sales, specifically climb 488%. that's just after the halftime show. and then maroon 5, they had invited guess, rapper travis scott. he saw his particular one song, that increased 80%. and it is not just that. justin timberlake back in 2018 after his performance, he saw streams on spotify increase over 200%. stuart: okay. okay. hold on a second. what about the wardrobe mall function with january -- janet jackson? >> she launched a album six weeks after that, that slipped. the wardrobe malfunction see see on the screen. it was for an album, unfortunately no hit singles, no top 40 singles on the album. that is rarity, janet jackson,
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she had at least seven hit singles. that was the exception. stuart: by the way i wish you had been on the show yesterday, the 10th anniversary. like to give you the credit what you've done for the show. >> thank you. to your comment, the most expensive ticket is 21,000. stuart: private jet for that. thanks very much. take a look, live look, capitol hill. a few hours from now the senate impeachment trial begins. i don't think americans want our president removed from office. that is my personal opinion, but instead of bringing you that impeachment, we're bringing you president trump on the world stage. we're expecting to hear from him again in the next hour, when he meets with the leader of pakistan and when he speaks, i guarranty you are going to hear it right here. ♪. t. rowe price experts go beyond the numbers to examine
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i wish i had been there. the global elite annual conference. we would have had to drag me there, kicking and screaming but having seen the president's tweets these morning, i do wish i had been there. he stood in for the movers and shakers and gave it to demonstrate. in america they said prosperity has come and bring back. we are in the midst of an economic boom, he said. jampacked full of optimism. he impacted the trade deals and the regulation. they'll kick in even more, this year he's had. our success is based on the american worker, everyday americans. we've also of the pessimism of the past. i wish i had been there to see the reaction of the high and mighty. there stuck in the collapse of european union.
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they wring their hands of the income inequality. they are stuck in the past. along comes the real revolutionary, donald j trump. rearranging the world trade, reestablishing capitalism as a vehicle with real progress. he even mentioned god, twice. he talked about god's creation to preserve our beautiful world and we will join their trillion three initiative. real hope for the future. it was a brilliant counterpart to the impeachment trial that started a few hours ago. speaker pelosi dragging the presidency through as much dirt as possible. donald trump leading america and the world toward prosperity, growth and freedom. what a contrast. this company is about to begin.
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♪ >> meeting with world leaders, the biggest most important world leaders. they are all here to see, i'll make a speech and we'll leave shortly but it's a very important the witchhunt that's been going on for years, it's disgraceful but we look forward to being here. we are meeting with the biggest companies in the world, the biggest businesses in the world and world leaders. >> while he is there, this summit senate will begin the impeachment trial. fortunately, she is with us this
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morning. you say impeachment is real bad news for america's foreign-policy. >> normally what happens during the impeachment. , i was in the white house when nixon had a crisis to be impeached, they say this is our moment to spring into action. it divided, they won't be able to form a coalition to do anything. the allies don't believe he can keep his promises. the adversaries don't believe it is. this is when they normally take advantage. trump however, has turned out to be a very strong president. he's there showing the world right now that whatever is happening in washington, don't count trump out. he's doing the opposite, he's working even stronger. >> what you think is the end game for the democrats? >> i think they've lost and they just don't realize it yet. the world's greatest economy in
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the world right now, everyone is trying to wonder what the secret is for trump and in washington, you've got nancy pelosi and schumer and all the democrats who are going to look patty or irrelevant. it works for trump. there's nothing there. they are still going to go on with it though. i think trump supporters will, even more energized and engaged to show up at the polls. even nancy pelosi says donald trump will have impeachment, the shame of his impeachment. but it will be landslide victory in 2020 sohio really go down in the history books. the american people support him. >> i'm sure you saw the report this morning, $3 million bounty on president trump. never kills the president -- i hayton to put it that way, $3 million for hover kills the president. i'm waiting to see trump's response.
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he said publicly, don't threaten us. now they tried his life. >> it's a measly threat because two weeks ago, it was $80 million. >> i didn't know that. >> of course they couldn't afford that. 80 million romanian citizens each have a dollar, sort of like a go fund me assassination. then they could go after trump. i don't think anybody takes this seriously. they don't have any options right now. we can crush them in 24 hours. economically, we are squeezing them. they have tens of thousands of people in the streets, chanting for regime change. i guess by the summer, fail come back to the table and want some
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kind of agreement. >> a discount bounty. [laughter] >> is terrible three frivolous about it but -- >> i hope you can stick around for a bit. president trump is about to meet the private of pakistan. he's due to make some kind of public comment. when hear it, you will hear as well. the international monetary fund, they've lowered their forecast. >> and for the u.s., too. globally, they lower their forecast to 2020 growth to 23%. this year, 2% for china also lowered. since% this year. still, these are pretty good numbers. the trade deals, they do caution when you have a trade work tariffs, and companies the on
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the money. they don't invest as much. with headwinds, may be being over, perhaps smooth sailing going forward. >> i find that ridiculous. we've removed some of the tariffs we placed on china. some are still there but remove some of them. we've got removal of the tariffs on wine and cheese. that's certainly an expansion for the global economy. where does it come from? >> we only removed the french tariffs for 2020. >> but that's minor. they take the ins seriously on this? i can't believe it. i'm discounting that. >> i think many have.
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>> take a look at boeing. there at time billion dollars, not the 5 billion because of the max boeing problems. delta airlines, this is good. they are giving out $1.6 billi $1.6 billion, 90000 employees. because they turned a big profit. investors don't care for that. impeachment, the trial in the senate officially kicks off in a couple of hours. our next guest says the democrats in the presidential race should recuse themselves from the senate trial. let's see about that. we have marsha blackburn on that, coming up. get this, maxine waters says just to articles of impeachment on and off, they welcome back after trump again later this year. we are watching the president get removed, the prime minister
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of pakistan, he will hear it after this. ♪
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do want to stick with the program because moments from now, we expect to hear from the president. he's probably going to speak and we want you to stick around to hear what he's got to say. impeachment, our next guest says the democrat senators running for president should recuse themselves from the impeachment trial. a friend of the program joins us again. it's great to see you. you want the four senators
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running for the presidency to recuse themselves from a trial. i don't think they will. >> well, they should. i have taken an oath to provide impartial justice and how in the world can you provide impartial justice if you are doing your day job, sitting there in the senate chamber and then at night, you are scraping in and face timing in two rallies or to breakfast and your campaigning the president. you are trying to get him removed from office. so your doing your day job. >> you really want that? they are running for the presidency. if they are tied up in washington d.c. in a weeks long trial, they are not campaigning for the presidency. >> well, that's right. they need to make a choice. they going to be a senator or a presidential candidate? the choice is theirs.
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>> can you make them recuse themselves? >> there could be a vote for them to recuse themselves but -- and of course, there's discussion of refusal. the president johnson, there is a discussion because of the presiding officer would have followed in the offices of the president. so yes, there is precedent for this. it's a discussion to have an improvement on these individuals who are members of the usn and running for president to come forward and make that choice. >> hillary clinton was asked about supporting bernie sanders. she said nobody likes him, no one wants to work with him. you are a colic of his in the senate. what's your reaction?
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>> they have a little bite going on for a long time. they're not always going to be friends. we hear a good bit about democrats and probably they are going to end up there because they think he's the most electable. joe biden has performed the campaign trail and can't remember what counties he's in or what state he's in or what he said when he was advised president as opposed to what he's saying now. >> in my opinion, the impeachment drive is partisan, he's not committed an impeachable offense and he's basically a spiteful political action. by a party denied victory. maybe i'm going to far. >> no. i think yes, they are correct and that this is a political impeachment.
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basically what they are saying, when you read the articles, because they do not define crime, what they define as an action that the democrats are saying we don't like how you behave and we don't like you. so therefore, since we don't like how you conduct yourself and we don't like what you are doing and we don't like you because you beat hillary, we are going to impeach year. i think it is miscarriage of justice and misappropriation of the time of the members of the house and you're going to see them double down on it. my assurance is that we in the senate and the republican caucus in the senate will conduct ourselves in a fair and constitutional manner and we are
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going to get this behind us, get back to work on the american people's business. >> as soon as possible, please. thanks for joining us. update on the mysterious fluke like virus in china, it's affecting our money. >> it is. it continued into europe. we don't have our hands around this. we know there are six deaths associated with it and now in other countries, taiwan, south korea, thailand and its spreading reasonably quickly. it happens to be a major transportation hub but we have the chinese new year coming up. the biggest travel. a figure in china and they are very concerned this flu like symptoms, they can be deadly, it's starting to spread. >> is spread by human culture. you don't want to be in a train or a bus or a crowd, you avoid that but then the economy
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suffers. it tends to cease up when you have a situation like this. so markets are very cautious in dripping toward us. president trump made a deal with francis matt on the digital tax. it's being suspended at least until the end of the year. the market is not reacting. tesla, way up. new street research raised the target price $800 a share. i think this is a short squeeze more than anything else. tesla is fighting back on accusations that they are an unintended acceleration problem in their vehicles. they reject that. stocks are up $30. global elites, climate change, believe me, in addition to the
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skyhigh prices and reasonably sourced foods, there are also streaming from meatless wednesday. trump, after his meeting with pakistan, greg gerrit ahead. ♪
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state there because we will hear from the president very soon. next one, i've got lauren with me. she's going to tell us about the meals they are serving which i'm told are climate friendly. >> i guess the billionaires are putting their money where their mouth is. there will be 70000 meals served so what do they look like? steam, number one fresh. regional plan. client wish. tomorrow, meatless wednesday. no meat served. what does artificial intelligence taste like? they are using it to turn determine how much waste has gone away and they can make decisions going forward.
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for the next conventions -- >> isn't this the classic case of virtue signaling? could be the got me to? meatless wednesday, but where is the president going to get his cheeseburger? [laughter] >> so what do we have now? the dow is down 38 points. we've been down all day but that is not much of a decline break 29300, basically that's where we are. congresswoman maxine waters says the democrats are nowhere near done with impeachment. she says more could be on its way later this year. greg joins us shortly on that. coming up, we have a connecticut lady, more proof people from his state are flocking to low tax states like florida. we'll be back.
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a holding pattern on the big board, we are still down 50 points as we speak, it's been
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pretty much like that for most of the morning. the president is about to speak after meeting with the prime minister of pakistan. we are less than two hours away from the senate getting the impeachment trial. this is my opinion, i don't think americans really want to take the president out of office. i think my colleague will agree with me. why don't you take me through the nuts and bolts of today. >> it's going to be tepid today. here's why. there's the introduction of a main resolution by mitch mcconnell, most republicans signed on to it. there will be a debate over it, motions for amendment. there will be debates on motions for a minute. this will go on attanasio for hours until this evening. when they will begin voting on the amendments which will be probably knocked down and then later into the night, there will
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be motion on vote on the resolution itself. you're not going to see any arguments until tomorrow by the house managers. >> what you see you tomorrow? >> tomorrow, house managers will present their case. they have 24 hours to do it into the session so likely, 12 hours one day and 12 hours the next day. white house counsel gets their equal opportunity to present the defense of the president. again, probably over the course of two days going into saturday. >> you follow this for a living. >> covered the last impeachment from washington d.c. of bill clinton. >> the rest of us, we are not going to be glued to who said what to who and why. >> a lot of americans did tune into the intelligence committee hearings in the house.
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all except one witnesses, there were a dozen witnesses offered speculation, opinion based on multiple hearsay. there's only one witness who had a conversation with the president of the president told me i want nothing, i want no quid pro quo which matches the transcript of the president telephone conversation with his a lenski. article one is week. article two should be dismissed on a motion to dismiss because they are alleging he's obstructing congress by invoking legal right and privilege the supreme court has repeatedly said. you cannot penalize and individual for invoking legal privilege. it is unconstitutional. it's a ludicrous article of impeachment and it should be dismissed. go ahead and have a trial on
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article one if you would like. in the end, it won't succeed. >> i know you have heard this, but i want your comments. maxine waters said there will be more impeachment activity this year. watch this. >> we will not stop, whether or not that leads to another impeachment activity, i don't know but i know we must continue with the work our constituents elected us to come to congress to do. >> i can't believe that even democrats want impeachment attanasio. >> i think they do and americans don't want that but what's happened here with the two articles of impeachment, without stating up violation of a crime which is what they envision, they are lowering the barr, normalizing and trivializing impeachment so now you will have impeachment in perpetuity exactly what the framers feared and it has come true.
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>> do you think this will be over quickly? two weeks? >> there's no way to tell but if there are no witnesses, or if the witnesses are limited as they were in the clinton case, depositions behind closed doors and selected excerpts played, yes, it could be over in a couple of weeks but if there's witness or republicans get to call adam schiff the fake whistleblower, hunter biden and so forth, this could go on for weeks. if the president orders someone like bolton and mulvaney duke -- well, if he invokes executive privilege and the senate wants to challenge that in the court, you could be talking about a delay that stretches week after week four months. >> i'm choking on this. >> they realize the fallout of that among the americans to
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extend this in an election year when voters have the right to make a decision. >> will what you've got today. did you see the president's speech? economic success. >> americans have to recognize that. the president during the people's business while this nonsense goes on in the house and senate. >> i believe we have a little nugget that surfaced. excuse me while i ask about -- >> it is to see. back over the summer, they were there near where the economic would take place until spy devices to record politicians and business leaders are saying this week. so that has foiled. when officials looked at the type of diplomatic port they
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have, if you are a labor, that's what you are going to have. >> it's okay, hold on a second. we've got the president speaking. >> trade is going to be a very paramount importance. we are doing more trade as it turns and we are working together on borders and talking about cashmere and the relation to what's going on with pakistan and india, we certainly will be helping. we've been following back closely. it's an honor to be with my friend and thank you very much. >> good to see you again.
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fortunately, we are on the same page, and orderly transition of taliban and the government. also, is a big issue for us in pakistan, it is a big issue. we hope the u.s. will take part because no other country can. >> thank you. thank you so much. we are going to have a good talk. thank you very much, everybody. >> what you also visit pakistan? >> we are visiting right now. what did you say hello for both our relationship standpoint, we had a great relationship and
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from the standpoint of our two countries, we are getting along very well. we've never been closer with pakistan then we are right now. i wouldn't say it if we went close but we are very close right now because of the relationships we have. >> are you planning on imposing auto tariffs from europe? >> we expect to be able to make deal with europe and if they don't, we'll give that strong consideration. but we expect to make a deal with europe. the european union we met with and we had a very good talk but if we are unable to make a deal, we will have to do something because we've been treated very badly as a country for many years on trade. nato also, if you look at what happens with nato, we are spending predominance of the money, we are spending money,
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this has gone on for years. we are protecting europe and that's fine but they can't do is on trade. they know they have to do something. if they are not there, we will have a problem. thank you very much. thank you. >> i find that a little unusual. the president normally encourages questions and answers any and all questions but not today. he simply talked about the u.s. pakistan relationship. i'll ask katie about that. then he was asked if we are going to impose auto tariffs and he said well, we expect to make a deal with europe, i think that was news on the trade front. as you say, if not, we will hit them with tariffs. we will see what happens. he says the u.s. pakistan relationship has never been closer. >> that's because it was so bad
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before. after september 11 when al qaeda escaped into the northwest region of pakistan, the bush administration said will give you 2 billion a year. we want to to definitely back. they took half and pocketed it and did nothing. the new president of pakistan i think is a different one. i think trump, who has always wanted to negotiate between india and pakistan, who knows where this goes. >> the president will visit india. the u.s. india relationship is pretty strong. >> trump understands the value of the economic as well. he's using economic power and warfare for the united states holds their hand. another the economy is doing so
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well and is extremely successful. >> back to the market, i see the dow has come back a little bit. it's now down 40 points but we did this at all time high. bottom of the screen, 9393, up another four points. that's brand-new all-time record high. the market not showing much response to the news from the president that he expects to make a deal with the europeans, not really a response to that. nasdaq composite, we are up to a new all-time high. let's get back to the tax story. i have a personal interest in this. connecticut, i was there but they are seeing thousands week because of high taxes. in 1980, the average tax was over $2000 a month i was
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connecticut 1980. compared to over five and a half thousand dollars in 2012. that's the average taxes paid in connecticut. the average tax rates, just as bad. under 10% 1980, over 12% in 2012. not that bad but not that good. a connecticut, he's not happy. ryan, obviously you are not happy. what are you going to do? >> all i can do for now is state the truth and inform the voters in connecticut of the trouble they've been put in by the state government, by the politicians and special interests who have increased their taxes seven times by major proportions in the late 1980s to fund an increasingly bloated government that is in providing them high quality of service. >> have to come back at you, one of the big problems is salt. state and local taxes no longer are deductible against your
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federal income tax return. high tax states, they are suddenly stuck. that's the real nature of the problem here. >> the salt development is a recent one but the exodus from high tax states like connecticut was already developing well before the change in the salt deduction. what we saw over the entirety of the last decade, millions of americans moved away from high tax states to lower one's before the salt deduction was even reduced. once you have the salt issue played out, the issue i'm talking about more broadly is the treatment of workers by state governments around the country that proceeded the change itself. >> you don't expect change, do you? you don't expect them to lower
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taxes, do your? >> i don't want to make a prediction in that regard but i think eventually you will see boaters rise up as things get bad enough. >> really? do you think voters are going to turn republican? >> well, they had a republican governor for eight years and he did make some changes and their performance was slightly better the new york and connecticut over the eight year period. my home state of connecticut, we've seen some victories by republicans at the municipal level and 2019 and 18. it's very possible because of the overreach of the progressives in the state capitals of these states that eventually you will see some by the voters of something different because things have gone so bad in places like connecticut and new york. >> in my lifetime, i am 71, you think i was the a revolution in new jersey?
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>> i promise you that in connecticut, we are doing everything possible to attract someone like you the and as soon as we change the government, be he will have a home here. >> a quick story. when i got off the plane, 45 years ago to arrive in america, was taken at night to westport connecticut where my in-laws had a house. i got up the next morning, walked around westport connecticut and thought district of america are indeed paved with gold. i thought the rest of the world was just like westport connecticut. i thought i died and had gone to heaven. i was wrong. >> amen. [laughter] >> i'm sorry about the lengthy story. we appreciate you being with us.
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>> are not going to test what he just said. in westport, i actually moved out of new york because the taxes were so high and i moved to connecticut. i did a little bit better but it's still not good enough. they need to change the government. >> i moved out of new york city because of taxes and moved to new jersey. i gained nothing. nothing at all. anyway, i digress. next, they report their earnings after the bell today. this is all about subscriber growth, all losses in the competition. >> it's no big deal on this one. first of all, apple are now online with streaming services but it's a different market. they've been doing this for a long time. they are spending $17 billion on content this year. it's the holidays.
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the irishman, marriage story so folks likely saw about. there are saturated. they can only add so many users but the cannot have the expectation of 7 million overseas. that's a huge number. that's international growth and fence on. they are competing with sleeping hours as well as all of these other streaming giants. one more prediction. peacock and a cms come online this spring. you might see netflix say we need an add version to cut the price. maybe. >> that is quite a prediction. normally i express an opinion -- >> there's a lot of competition out there. if they are good on all services, maybe netflix needs more options. >> i can't get netflix to work on -- [laughter] that's how bad it is.
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i was watching netflix on saturday, all of a sudden it vanished. we got on the phone -- >> the children know how to do it. >> we can't get it to work. none of it works. i am fed up. [laughter] >> technology is not user-friendly. >> i want my money back. >> somebody bonnie and apple tv thing. >> come over to my house and help me. >> do you need a smart tv to make it work? >> avec it's better not to have a smart tv. >> a fancy big mansion, this will be good. >> would like it?
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if you come over to my house, -- >> i think you should call your grandchildren. [laughter] >> i don't have an amazon prime number. i've never ordered anything on amazon. i've never ordered food for delivery. never. >> are you serious? [laughter] >> by the way, i just got a message from this person you are referring to. she said you did very well.
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[laughter] >> when you order food, you go out and pick it up? >> i go to the supermarket and buy the food and bring it back, it's already cooked in whatever you have to do and then i eat it. that's what i do. i get home, i don't like eating one meal at a time so all the food i've got to eat for the day, i put it all out on the kitchen counter and i pick bits here and there throughout the day. i think it's healthy. i'm the original raiser. >> i think we should get a psychologist in here. producers are telling me to end. get the latest from netflix stories. the show is after the bell.
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we'll break it all down about 4:00 p.m. more news from dallas. we've gotten word from the president, tim cook will be at the same event tonight. in addition to other ceos and business leaders. it seems to be working for both. we'll see how it works over dinner. this is making headlines again, calling her own posse the democrats are center conservative party. there's no left anymore. we broadcast to respond to that one. his name is alfredo. he is responsible for the anti- arc in times square. speaking of times square billboards, that is me. i've got my very own times square billboard in all of the
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shows tenth anniversary. i have to think the man who put the billboard up, he's on the stroke next. coming back. ♪
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these are the original company
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members, this is how we started. >> this is beautiful. >> you believed in all three of us enough to put us on the show ten years ago and we owe you a debt of gratitude. >> it changed my life because i was home with my kids in the afternoon because of you. me being out at night was very difficult when my kids were little. >> what a guy. [laughter] look at that. that's a billboard in times square. it was put up for the job creators network. i think them very much. by the way, the alfredo, he's with us now. why did you do that? >> first of all, it's you. we had it for ten years, thank you for all the wonderful work you do, defining capitalism. you are the best bridge defender we have in this country and we
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can't thank you enough on behalf of 30 million small business owners. so thank you. >> arc, there's no left party in america. >> we don't tackle that part in the u.s. it's not a left party. the democratic party is center or center conservative party. >> the democrat party is a center or center conservative party. your comment. >> i am speechless. i can't imagine what she would think left would be if she considers that center right. thirteen-dollar minimum wages, medicare for all, greenhouse deal, trillions and tens of trillions of dollars impact on the u.s. economy. the repeal of the term tax which is why we are benefiting over the past few years from his gray economy because of that. all these different leftist
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agendas they've got, i don't know what she's talking about. it's really scary to think that's what she's thinking. the party moved so far left, when donald trump went reelecting in november, you can almost single-handedly thank her for that because she moved that party so far left it's scary. >> how long is my billboard going to stay up for? >> is hope week of celebration for you, you will have your pretty face up there and everybody will be able to say thank you for all you do. you are amazing. >> i'm going down there to take us out b. alfredo, thank you for the billboard. big day tomorrow here on the foxbusiness network. we are going to put on all live audience show hosted by charles payne. i will be there. by the way, i had a shining moment the last year.
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we will play it for your after this. ♪ . .
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stuart: life audience show on the network tomorrow, 2:00 p.m. eastern. charles, dagen, me, we'll all be there. check the clip out from last year. socialism versus capitalism, back in may. watch this. don't know why you're laughing sunshine, imr i'm telling when i was in england, coil industry, steel industry, rail industry, gas industry, health care, all owned by the government and they ran it into the ground. that was english socialism. it failed miserably. i got a little hot undercollar there. ashley: yes you did, sunshine.
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stuart: i shouldn't have done that i apologized to the young man afterwards. don't want to be pejorative. that just about wraps it up for us. today great show as usual. lauren, ash, many thanks indeed. my time's up. neil, you have got three seconds. now it is yours. neil: did the kid accept your apology? stuart: yes he did. he was gracious. neil: all righty. i love the under over on that one. two major events lined up as you know. we're waiting to hear what the president had to say. big dinner meeting with some of the world's biggest business leaders in davos. the senate begins impeachment trial in about an hour. president has been way too busy focusing on economic message that puts this to shame. take a look. >> years of economic stagnation have given way to roaring geyser of opportunity. this is a blue-collar boom. since my election the net worth of bottom half of wage earners

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