shannon: signet turning off quarterly profits that would double the forecast. 8% plus gain and free market. thank you so much, gentlemen, a pleasure to spend the morning with you. "varney and company" is up next. stuart: glad you made it in. a lot of people will not be making it in today. ida. through pennsylvania, new jersey and into new england. it has blown out to sea now but last night was something else. we will update this in a moment. something unusual happens here last night.

nothing unusual about this. the s&p, 13, another rally, going up for stock prices. treasury prices going up. we are looking at one.2%, bitcoin going up, of 50,100. all the financial markets almost all financial assets up today. politics is a mess. damaging leaks have begun revealing an administration that is at odds with itself big time. one insider quoted in politico says i am appalled and looking horrified we left americans there. we have a poll taken this week

showing 52% think biden should resign and vice president harris is the most unpopular veep in 60 years. we have a stock market rally that keeps going and at the same time a developing crisis of confidence in our political leadership. thursday september 2nd, 2021. "varney and company" is about to begin. at least nine people did in new york and new jersey, remnants of hurricane ida hit the northeast big time. you've got to take us through all this. >> when mayor deblasio said if you don't need to go out don't, i thought it would be a little rain and it was torrential. there are emergency warnings, record-breaking

rainfall/flooding. a lot of power outages where i heard coworkers coming in, look at these pictures. this was ida coming up the east coast. this was just the remnants of the storm. very powerful. it is a lot to clean up today. stuart: i came in this morning, cars abandoned everywhere, all over the place. >> a lot of trees down, soaked, someone told me there neighbors home, the roof was taken off, this is pretty substantial. stuart: now we know what it is like down south. we will update this throughout the show. the remnants of ida are out to see. the sun is shining in new york would still clearing up the damage. we see all of that green, futures pointing higher across the board and here is tr barton. everything is up.

when will it change? >> for the seventh time, 20% gains in the s&p 500 through august, eight month of the year. out of those times almost every single time we are up by the end of the year the one exception was 1987 so between now and the end of the year, september is the weakest month of the year so i'm looking for some balancing and resumption to the upside. stuart: tell me i'm right but i see covid cases, the pace of infection is slowing down quite dramatically. i think i can see the other side of delta and i think that is a plus for the market. what say you?

>> i have to say you are exactly right because every time we've seen this, concerns about growth in the caseload, hospitalizations, to the other side people go out and start spending money again. we know retail sales have been down relative to the big hikes we've got early in late spring and early summer and that will fuel things to the end of the year. retail sales return, holiday sales pick up. could be a big end of the year. stuart: you've been saying this and you are right. we will see you again soon. check bitcoin. it hit 50,$000 earlier this morning. any specific reason? >> people are saying because we are seeing ethereum and some others move up and i say to

myself why are they moving up and inflation is a hedge against inflation. your money in the bank, you can only take so much risk. only worrying about the levels at this point. and that is what i think, they were worried about regulation but it is moving on the fast track the people thought it was. i got that. we are turning to politics. an official who has remained anonymous calling out president biden's afghan exit. i'm absolutely appalled and horrified we left americans there, hostage rescue of thousands of americans in the guise of an 0 evacuation operation. we have failed that no fail mission. jason chaffetz joins me now.

what is the result of that? inertia for the administration? >> a crisis in confidence in president biden and kamala harris. we heard somebody in vice president harris's office was psyching -- suffering psychological abuse, it is devastating. can't find a single person on either side of the aisle who thinks our withdrawal from afghanistan the way it was executed was acceptable and to leave americans behind despite the assurances and promises of the president of the united states is so wrong. i don't like anonymous quotes like this out of the white house. have the political guts to say it on the record. i didn't like it when they did it on trump and don't like it when they do it on biden but this is the overall sentiment that radiates throughout the white house, capitol hill and

main street in america. stuart: i will 0 in on the july 20 third phone call, biden to afghan's president, biden says the battle with the taliban is not going well so we need to, quote, change the perception of the taliban's progress whether it was true or not. he said that, that was in the phone call. listen to what jen psaki said about it when she was asked. >> was the president pushing a false narrative in that call? >> i'm not going to go into details of a private conversation but what we saw the last few months is a collapse in leadership. stuart: does that phone call catch the president in a lie? >> it does, 110% does. for jen psaki to say this is a private phone call this is between two world leaders where there was a quid pro quo from the president of the united states telling the afghan president to put out of assad

the way the war effort is doing. nobody saw the fall of the afghan government. they did to generate a phone call, the president of afghanistan and everybody who has been there, knows it was a cast of characters that could not fight the battle. they went after and impeach donald trump for far less then this you would see calls on both sides of the aisle, they have got to explain this and i think people need to be accountable and i think it will be the genesis of people who want to see the president impeached and democrats get a backbone if you're going to do things on principle, what president biden did on july 20 third was far worse than anything we've seen. stuart: is there really any strong sympathy or impetus to

get the president impeached or resign? because you've got vice president harris waiting to take his place, i don't think that strong pressure to get this president out at this time. >> i don't because of the weakness of kamala harris and nancy pelosi behind that but if you stand on principle you say if you cross this line it is not acceptable and those that were preaching and beating the drums on both sides, some republicans were saying donald trump has to step down for something that was not anything, you have to take the same policy position here because there was a quid pro quo, he was asking the leader of afghanistan to lie to the world about the site and that is why some people in afghanistan, but to actually say.

stuart: the crisis of confidence, the stock market keeps going up. this is premarket, top 100, 42 points. a golf ball left handed off the top of a beer bottle, dave portnoy, did it work, is he intimidated? he will join. the world health organization investigating a new variant called mu, is it a new covid threat? ♪♪

you've got car insurance here. and home insurance here. why not... schuuuuzp.. put them together. save even more. some things are just better together, aren't they? like tea and crumpets. but you wouldn't bundle just anything. like, say... a porcupine in a balloon factory. no. that'd be a mess. i mean for starters, porcupines are famously no good in a team setting. geico. save even more when bundle home and car insurance. ♪ music playing. ♪ there's an america we build ♪ ♪ and one we explore one that's been paved and one that's forever wild but freedom means you don't have to choose just one adventure ♪ ♪ you get both. introducing the all-new 3-row jeep grand cherokee l jeep. there's only one. jeep grand cherokee l we did it again. verizon has been named america's most reliable network by rootmetrics.

and our customers rated us #1 for network quality in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon. that's why we're building 5g right, that's why there's only one best network. that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker. ten-x does the same thing, - but with buildings. - so no more waiting. sfx: ding! see how easy...? don't just sell it. ten-x it.

advil dual action fights pain 2 ways. it's the first and only fda approved combination of advil plus acetaminophen. advil targets pain. acetaminophen blocks it. advil dual action. fast pain relief that lasts 8 hours. our retirement plan with voya, keeps us moving forward. hey, kevin! hey, guys! they have customized solutions to help our family's special needs... giving us confidence in our future... ...and in kevin's. voya. well planned. well invested. well protected.

stuart: it is thursday morning, stocks going up at "the opening bell," dow is up, more records are coming. moderna want fda approval for their booster shot. there seems to be confusion about boosters. >> the confusion is who need them and who doesn't. they are be given to immunocompromised people who need an extra shot. moderna is going to get 50 microgram approval, a quarter of what you've gotten the other two shots but some doctors say this is a business, they will keep giving you boosters as long as they can.

essentially not saying that. decisions being made on both vaccine boosters and the authorization on children. there is something going on with respect to how we are treating this virus and more widespread. stuart: we want clarity but don't have clarity. this too. the world health organization monitoring another new covid variant. this one is mu. this new strain has mutations that might be resistant to vaccines. look who is here, doctor, is this a whole new covid threat? >> it is a new covid threat. in 39 countries, it has been seen since january of this year. the good news is only one% or actually 0.one% of the world

has seen this variant, it originated in colombia, south america and 39% of the infections in colombia have it and 13% in ecuador but we don't see it much in our country. it is mostly the delta variant. stuart: new cases, the infection pace of the delta variant slowing down dramatically. is that accurate? >> it is accurate and you know why. when we get more people vaccinated the virus cannot take a foothold. the more people it infects and propagates the more likely the mutants are to become new. stuart: is a good thing that we increase the vaccination rate. that keeps the delta caseload down and disappearing. i'm going to segue to another story about vaccines.

joe rogan tested positive. i know, he has tested positive and he is treating himself with a horse wormer. >> it treats infections in horses caused by roundworms and other parasites according to the google machine and when it comes to joe rogan, i'm throwing the kitchen sink at this after he told people not to get vaccinated. >> i got up in the morning, got tested and turns out i got covid. we through the kitchen sink at it, all kinds of meds, monoclonal, antibodies, the pack, prednisone, everything and i got an idea drip and vitamin drip and i did that three days in a row and so here

we are wednesday and i feel great. >> but he wouldn't do that if he wasn't worried about it. that is a lot of stuff he's taking. stuart: let's bring back the doctor, what do you think of this as a treatment for a covid positive person? >> in my early days when i was doing research on parasites i had cows that were taking ivermectin. i never thought i would see humans ingesting a cattle antiparasitic. it is ridiculous. we when you heard joe rogan, he through the kitchen sink, took everything available. would you advise that? >> know. 60% of what he's taking is a waste of money and time and probably would do him possibly

some harm. the monoclonals, the steroids were appropriate. if he were to come to the emergency room and were very ill we would give him monoclonal antibodies and if he was really ill we might treat him with a steroid light dexamethasone and the usual antiviral cocktail. stuart: let me ask about this booster. i took the moderna vaccine. that i take a moderna booster shot? i'm in my retirement years, in a vulnerable category. should i take the booster? >> i would say yes just to be safe. the booster is being recommended eight month out from your second injection. the booster can't do any harm to you. it, rev up your immune system

and if this virus becomes pandemic which means it will be with us forever, like the flu shot every year we are probably going to get a booster and maybe both of them together. stuart: a shot every year and booster every year is not good news. >> it is reality. stuart: short into the point, it is reality. you got it right, thanks for joining us, appreciate it very much. i've got the vaccinemakers, they are up and futures all up as well, dow is up 100 points. at the bell which is 6 minutes away we will be back. look at this guy. he's really working hard.

you know what he will get? muscle pain. you know what he should get? advil. pain says you can't, advil says you can. that's a nice truck. yeah, it's the chevy silverado. check out this multi-flex tailgate. multi-flex, huh? wow. it becomes a step. mom, dad's flexing again. that's not all. you can extend the bed for longer stuff. is he still... still flexing. that's right! and, it becomes a workspace... you can put your laptop here. i'm sending an imaginay email. hey dad, dinner! hey! look who stopped by daddy's office. wait, you work here? the chevy silverado with the available multi-flex tailgate. find new flexibility. find new roads. chevrolet. as someone who resembles someone else... i appreciate that liberty mutual find new flexibility. find new roads. knows everyone's unique. that's why they customize your car insurance, so you only pay for what you need. [ nautical horn blows ] i mean just because you look like someone else doesn't mean you eat off the floor, or yell at the vacuum, or need flea medication.

oh, yeah. that's the spot. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪

when traders tell us how to make thinkorswim even better, we listen.

like jack. he wanted a streamlined version he could access anywhere, no download necessary. and kim. she wanted to execute a pre-set trade strategy in seconds. so we gave 'em thinkorswim web. because platforms this innovative, aren't just made for traders - they're made by them. thinkorswim trading. from td ameritrade. stuart: i am updating the story of the storm that hit the northeast, big time storm. in new york city they closed the subway for some time, there's flooding every are. rochelle park in new jersey, aerial picture looking down, flooding everywhere. moving on to man young near philadelphia, same story, widespread flooding.

when i was on my way into work they were abandoning cars everywhere, strewn all over the place, they got bogged down in water overnight. they got abandoned, the water receives but clogged with cars that won't move. big deal in the northeast. big deal on wall street. the dow is up 120 and nasdaq up 50. we need a guy like bill baroque who is here before the market opens. everything is up. tells, gold, stocks, bonds, everything up. in your opinion how long does this last? >> we had a nice big one in september and a couple days where it started moving lower instead on itself. we will not fall 10% like last september but i think we are due for a correction. we can say we have a correction tomorrow. what you want to look at is the

middle of the month, where the expiration rate if we get volatility in 2 weeks 3, didn't expect the pull back. the market is keeping a rally every day. stuart: i look at that, up we go. constant records. for the s&p this year. you understand people getting nervous about this. tell me about ethereum and solana. >> got to have some exposure. we had big moves in recent days, it is more what it was a month ago. chasing things we are seeing

but there is a pretty good playbook here as you see bitcoin make a move yesterday, and others like -- some of those start to get some speed behind them as they get pumped but they have continued to move and there are stocks to buy. the downside of the s&p, yesterday i bought schrödinger and i like healthcare tech, healthcare information services, back to crypto look at your playbook and how things are rolling and what moves are going to occur because something else happened. stuart: in my opinion the cryptos are gambling casino, the stock market is an investment arena but i am old-fashioned, just an old guy out of place in these times. last word to you.

>> i'm not saying cryptos for everybody. if you are at an age with a long time horizon, technologies going to be here to stay and like any investment, you want to pick your spot and know where you are going. this technology -- stuart: i don't have a long-term horizon, the market rung the bell, up we go. in the early going we are up, we expected to be up, the s&p hit an all-time high and the dow 30, every single one of them in the green. s&p is the new record, 45, 39 up one third of one%, a solid gain, the nasdaq up one.37%,

another record, 15,370. show me big tech, the nasdaq has done so well, they are, microsoft, apple is back to 154. minor loss for google and facebook but looking relatively solid. earnings reports out before the bell. i'm interested in american eagle. >> looking at retail space all together. all time high second-quarter revenue and operating income, the company saying it has strength across the board. this is a competitive difficult time, one more thing, value creation, a plan in place called real power real growth and they are seeing progress on that. stuart: down 11%. splendid all around. lands end. >> this is what could be. one of the problems is the

companies cautious about retail overall especially supply chain problems, by success the revenues by the estimates also but these supply chain challenges could pose a problem across the board. stuart: i can't imagine signet jewelers has a supply chain problem. >> 8776, second-quarter results raised guidance going forward. stuart: what kind of sexist comment is that? i am shocked that she we. during the pandemic they reported, down 10%. >> almost like the news story we were talking about the other day, numbers are good but not doing as well as they were

doing during the pandemic. when wall street sees shrinkage even if the numbers are good they get concerned and that is what the story is. there are challenges, pandemics ever evolving, hard to keep that moment. stuart: i thought we were all growing pets because you need company during the pandemic. >> people have increased their pet situations but it will stabilize after a wild. stuart: discount retailers, revenue not great and that is why stock is down 7%. same-store sales up 21% from a year ago. 21% gain from the closure is not that great. stock is down 7% now. they have been up 20% from the year so far, far below taking it on the chin.

next case chinese regulators summoned 11 right hailing firms, for illegal behavior called them in, what is going on here. >> the ministry of transportation in china and they are looking into an approved drivers that are registered. it is a safety issue and there is something there. this includes didi which has 90% of market share. it is under scrutiny because regulators open cybersecurity investigation as well. put these things together and the government is cracking down. communist government cracking down on capitalism, i question the motive. stuart: to maintain rigid control. let's look at c 3.ai, and artificial intelligence

company, you see them ringing the bell on the nasdaq quite a few times. they are down today, 10% loss. explain that loss. >> ai software, you see all over the place, but it was a report and wall street didn't like that. they locked $0.37 a share for the latest quarter and in this market people are looking for growth stories and ai slowing that is the problem. stuart: you can't grow your stock goes down. top performers apple, up $2, walgreens, chevron, disney all over the place. the s&p 500, i don't know them but they are up big. baxter, devon energy, i want to see the nasdaq winners headed by netflix. nice game from netflix up 2%

593, walgreen etc. all the way down the list. show me the big board, we are in business, we are up 124 points, 35,438. the 10 year treasury yield one.29%, the price of gold a train hundred $13 and of, check bitcoin, still at 50,000 to be precise and oil 6995, please show me total, elon musk says the roadster is delayed again. any idea when we will see it? >> 2023 is what musk is saying, 2021 is a year for crazy supply chain shortages, we had 17 products and none would ship. is coming 2022 is not mega drama, they shift in 2023. that says a lot about the supply chain problem we are

seeing. people can see a product, it is a huge issue and 2022, that is something. stuart: the administration is in shambles after president biden's botched withdrawal. rasmussen finds 52% of voters say the president should resign is a crisis of confidence. i will have my take on that shortly. not long ago dave portnoy had this message for the golfer. >> what is this about a charity game, golf game match you will play? he is going to play left-handed. >> mentally week and strong. stuart: we show you a golf ball up the top of a beer bottle

with his left hand. can portnoy beat that? in the charity game it is portnoy intimidating. ♪♪ welcome to allstate. (phone notification) where we've just lowered our auto rates. ♪ ♪ ♪ ♪ and savings like that will have you jumping for joy. now, get new lower auto rates with allstate.

because better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today. click or call for a lower today, your customers want it all. you have to deal with higher expectations and you have to lower wait times. with ibm, you can do both. your business can unify apps and data across your clouds. so you can address supply chain issues in real time, before they impact your bottom line. predicting and managing operational issues that's why so many businesses work with ibm.

stuart: all i do is win. as you look at the statue of liberty in bright sunshine and this changed a lot in the last 6 hours. a few hours ago there was to ensure rain, sunny now and 65. then there's this. that charity golf match between

portnoy and brooks, the golfer, he will play left-handed, portnoy will play regular. he has this message. rtst dastve orve p i ieth w. thmathistu on dan tin tge tt o our y ad , , dober umbe um yo u. nginmiinmiin you ededce di see sheeere s theal nt

i am not intimidated by it. playing at liberty national, i have a clip of him in his back swing and his phone goes off and he freezes. if he doesn't think people will be bringing cell phones, yelling and creating noise i'd never understood golf. i said they are mentally weekend they are mentally week, but what other sport are you not allowed to make noise in the crowd because they can't concentrate, that is not even -- stuart: you are setting this up, like the genius you are, a big fight, you get two fighters matched face-to-face and they go at the other with trash talk, that is what you are doing. do you realize what you are doing to the idea of gentlemanly golf play? >> professional athletes should

have the focus because if somebody, they walk of the course. the crowds are too - don't be a pro athlete if you can't handle the atmosphere. i didn't plan on dealing with adversity. stuart: we've established you are not nervous. missed the great stock market rallied. not stocks. are you win? >> i'm still in stocks, don't know if i missed it. at the beginning of covid, warren buffett was on his deathbed, i was in that.

i wrote that, what the country opens i go back today today trying to get everything up so i didn't miss it but i'm not is invested as i was earlier. stuart: can you tell us what stocks you own? >> the only one i have in my portfolio is score sdr. i have had it forever and don't want to seem like that i will hold it forever. who else do i have? shopify, haven't done that for a wild. stuart: microsoft, google, facebook. i don't have microsoft. you have to be an idiot not to have those. all they do is go up.

stuart: would you sell it at any point? >> know. i want to buy a new house or yacht and it needs to be liquid. let's get back to the fight game. jake paul's first flight was on showtime over the weekend. you are changing fighting, changing boxing, you turn this into pure entertainment. >> we didn't do that but the jake paul fight is a different thing, half boxer, half entertainer, youtubeare, he can actually like, the best self promoter one of the best we've seen in the internet era and the place is electric.

we were part of the show and it has a big fight atmosphere. people got their money's worth, dan and i were doing the gambling angle and that may revolutionize how people cover gambling but it is an interesting time to be in the fight game. stuart: you are a big fan. they dropped cam noon and bring in mac jones. is that a good move? >> very few leaders of men that you can tip your hat. bill belichick, they create controversies. i feel bad for every bears fan. bill belichick said matt jones is going to be a guy, the beginning of a new dynasty. i will follow him to the bowels of hell. stuart: almost done. last one, safe moon.

how much of you lost? >> safe moon made a comeback a week and a half ago. it went down to 7 it back to 16 because coming out with a wallet the last time i checked, i had 11 grand so i went 40 down to 11 so i'm doing this. i'm going to hold it until it goes bust or see it come back. you didn't really ask that. stuart: i did. >> you really mean that? stuart: i am not familiar with the crypto language. >> you hold it, paper means you sell it and now you are caught up. stuart: thank you. anytime you want to sit next to me and coanchor the show you are on.

portnoy, see you soon. have no fear, tens of thousands of afghan refugees coming into the country. >> no one is coming into the united states of america has not been through a screening. stuart: does the thorough screening apply at our southern border. ida's wrath with a lot of headaches for people at the pump. we will be back.

that building you're trying to buy, you should ten-x it. ten-x is the world's largest online commercial real estate exchange. and it's fast. if i could, i'd ten-x everything. like our lunch. (laughs) amazing! see it. want it. ten-x it.

(announcer) looking for a better way to lose weight and feel good? how about the one with the 98% success rate and the more affordable weight loss solution? that's golo. there are no monthly fees and it's guaranteed to work or you don't pay. how can golo offer all of that? because it's not like any of those diets you've already tried. it's the new way to lose weight. no stimulants, no starving, just results. results you'll keep for life. no more sacrificing to lose weight only to put it back on. no more sacrificing, period. it improves your lifestyle and delivers incredible results. with over 2 million satisfied customers,

golo is the new way to lose weight. this is the only program i have ever done that i have never deprived myself of anything. (announcer) if what you're currently doing to lose weight isn't working, or you feel like diets don't work, you're right. don't give up. get golo. go to golo.com and get your life back, with golo. (chorus) golo! stuart: everything is up, or you'll hit $70 a barrel. 900,000 residents without power louisiana scrambling for supplies, food and gas. grady trimble at a gas station outside new orleans. do they have gas at the station where you are? >> reporter: they do. a couple pallets of ice were delivered. that makes this the place to

be, because they have fuel here. look how long this line stretches as far as the eye can see, just talks to some folks who said they waited 2 hours just to fill up their vehicle. governor john bell edwards says the lack of fuel is hampering the recovery. the other issue is people are going on four days without power. we ran into celebrity chef is a andre who says our nation needs to do more to secure the power grid when storms like this hit. >> reporter: what are we going to do in the richest country in eastern world to make sure every time we have one of these hurricanes that our system paralyzes. what will we do to use technology america has to make sure that electric grid is up, don't shut down completely. putting every american in our maps way. what are we going to do to be the leading country in the world to put that technology to go to mars, to go to the moon, to make sure these men and

women don't have to be suffering every single time something happens? hurricanes are bad. >> reporter: passionate message at no stranger to disaster zones, he comes in and feeds people every major storm. the national average is up $0.04 a gallon in parts because of this storm and that is from a week ago. stuart: thank you. still to come on the program today, mike huckabee, sean duffy, the second hour of varney coming up next. ♪♪ ♪♪ ♪ ♪ ♪ ♪ ♪ ♪

monitor, check and lock down you money with security from chase. control feels good. chase. make more of what's yours. ♪♪ (vo) the rule in business used to be, . . eliable network. then we add the speed of verizon 5g. we provide security that's made for business and offer plans as low as $30 per line. more businesses choose verizon than any other network. we are open and ready for you. municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time

to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-763-2763. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income...are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763

♪. stuart: good morning, everyone. it is 10:00 eastern. we're going to get straight to your money because we already seen new highs for the s&p again and the nasdaq, again. look at it go. dow is up about 100. the nasdaq is up 53 points. that is full 1/3 of 1%. 10-year treasury yield down to 1.29%. that helps big beck. look at those stocks. all of them up. facebook and down a little. amazon, microsoft on the upside.

let's go the cryptos. you're now at $5 million a coin. almost 10:01. the latest mortgage rates the number. jackie: coming from freddie mac, 30 year rate 2.8%. ticked up 2.76 we had on august 19th. we know rates will go up. it is very low rate. tell you a anecdote, stu. i was looking at a beach shack. i called, it was on market for two days. she told me i have a contract in hand, three back up offers. low interest rates. still time to go before it gets prohibitive. stuart: story way back, first house i bought in america, san francisco. i bought it for $60,000. jackie: wow. stuart: i got a 12% mortgage. jackie: that is 1905. stuart: 12% mortgage rate. 12%. i thought i was lucky. ashley did 14, 15% in the early

1980s. jackie: hopefully it won't go that high. i always say there is a happy medium. 2.7% is incredibly low. 30-year fixed? that is fantastic. folks, now this, two weeks after the debacle the administration is in shambles. senior officials at each other's throat leaks have begun. anonymous source i'm absolutely appalled and horrified we left americans there. this is anonymous source. this is the precisely kind of leak for any administration. biden team will try to put a lid on it, after a mess like this there will be scramble to blame someone else. the leaks have only begun. that phone call between biden and then then afghan president afghan ghani. this will be a problem call. on july 23rd looked like the war with the taliban was got going well. whether that is true or not said biden, there is a need to

project a different picture. good heavens. just spin it differently? he knew there was trouble weeks before the collapse but he stuck to that deadline which made the collapse even worse. they know they have trouble with this. jen psaki won't take questions on it. it seems the american people are not buying it either. we have what i would call an extreme poll this morning. rasmussen finds 52% think biden should resign. 32% of democrats polled think biden should resign. when you start seeing polling numbers like that you know this administration has a serious problem which is likely to get worse. there will be more leaks. more questions about the president's truthfulness, yes his ability to do the job. it is a crisis of confidence. i believe he is losing the trust of the american people. second hour of "varney" just getting started. ♪.

stuart: governor huckabee joins us this morning. very good timing on your part. i want to zero in on the july 23rd phone call. why is the administration so quiet about it? >> the amazing thing donald trump was impeached over a phone call that turned out to be completely in the and no big deal. -- innocent. this is a big deal. the president of united states is putting pressure on the president of afghanistan to out right lie, that is what he is asking him to do to cover for him. that is just an extraordinary breach of trust not only of that president but more importantly the american people and what we've seen is a complete collapse of confidence. you mentioned the poll of 32% of democrats want him to go. abc news did a poll earlier this week, 84% of the american people believe we should not leave

americans stranded. which leads me to wonder who are the people who think we should leave americans stranded. thank goodness there is only 16% of them but let's hope that maybe the next time people are stranded it's them. stuart: what does this do to the administration? if the leaks keep coming and the questions keep being asked, the white house really under siege, can it get anything done? can it relate to the rest of the world in an atmosphere like that or is the administration paralyzed? >> the answer to that really depends whether or not the press does its job. are they going to step up to finally be journalists? are they going to be toadies and acolytes for the far left. if they do their jobs they cannot ignore the story it is huge. the question will they do their jobs. will they look the other way in a manner which they would never do if this were not just donald trump but any republican. so if they do their jobs he's done but they don't do their

jobs and they do what they normally do he probably rides it out. stuart: do you want to see the done, resigning or impeached? because that would mean president harris? >> i don't want it for the country because it is not a good thing for us. i don't like that but i also don't like when a person has lied to us and left americans stranded and has shown little empathy whatsoever. so there is no good solution here. kamala harris is no solution. but i think people ought to be held accountable. look, generals and secretaries of state should be held accountable. nobody has been fired. nobody has been held accountable. we ought to be outraged that something so bad, so totally bungled could happen. it is just another day in washington. let's have a cocktail party in georgetown tonight. see what kind of wine they trot out with the cheese.

stuart: that hurts. governor huckabee, thanks for joining us here. we appreciate you being here. thank you, sir. >> you bet, stuart. stuart: after a dose of politics like that we better get to the markets. we're in rally mode. we lost a little gain for the dow. it is still up 80 odd points. nasdaq up 50. david bahnsen with us. david i read your stuff, you know i do. that is how i got blackstone. i read your stuff, you're saying forget the fed. what is that all about? that is heresy in this market? >> i think it is really important that i clarify. the fed is so instrumental right now in the overall economy, we don't have the option to forget the fed. i'm stating that as a very unfortunate reality. the economy should be moving off of entrepreneurs. it should be moving off of human action and the idea that right now the fed is the centerpiece where we all have to wait on pins and needles for what man or a group of people with phds

sitting around a conference table do is not right. the economy has built in dependency on heavy monetary interventions. that is very unhealthy. that is the way japan has been for a very long time. investors need to understand there is a lot of distortions in the market. you talked about mortgage rates when you were buying your houses earlier, so forth. look they're dependent on this. the housing market cannot afford. 14, 15% that was a rare period. five or 6%, we can't go back there. the government cannot afford financing cost on its own debt. what you have done a whole lot of distortions throughout financial markets. it is mispriced risk and reward. investor have got to understand that. stuart: it comes to an end at some point? central banks around the world you cannot keep printing forever or can you? >> the thing is they're not printing. they're adding to the balance

sheets and maintain assets and liabilities. it gets complicated. the money supply has gone higher, velocity of the money turning over, loan demand is staying more. the fed has to do more of what they're doing to get less and less result of it. that is the hair of the dog economics we are living in root now. stuart: i want to thank you again for alerting me to blackstone a couple years ago. you suggested i buy it at 30, when it was yielding 6%. as you can see on the screen it is now $128 and yielding under 3%. i don't mind the under 3% yield. i'm very interested in that capital gain. did you see that capital gain coming, david? >> yeah. by the way i see more capital gain coming, okay? i really need to clarify something. when you bought it at $28.51 in the fourth quarter of 2018 right now the yield that it is paying out on that price is 11%.

the only reason the yield is showing 2 1/2 because the stock price has gone up. the yield, the dividend, the distribution is higher now than it was then. for me when i bought it in 2011 i'm getting the, the dividend hats grown 400% in the last 10 years. this is what i want investors to understand about blackstone, about apollo. when they passed dodd-frank after the financial crisis they took away a lot of investing activity from the morgan stanleys, goldman sachs, the big investment banks. the private equity firms filled that void. they have the talent, they have the deal guys, private equity, credit, real estate, hedge funds. they're razzing money hand over fist. it is fee-based businesses, guys like stuart varney are making investment return off of that thesis, i'm sticking to it. stuart: i'm embarrassed by it, absolutely honest i am. i will take the money.

david, good stuff. thanks for joining us. see you soon. >> thanks, stuart. stuart, jackie looking at some movers, stocks really moving. american eagle. jackie: you pointed out even though on the service earnings were good, the stock was trading down 8.8% as the analysts dig into the numbers. the problem earnings beat because it was from cost controls. that is always an issue when a company can move things around to make earnings look better. you really want to see sales that are higher and the sales missed the mark. this also adding to the fact e-commerce sales were down 5% year-over-year. e-commerce sales are supposed to be very strong because we're in continued pandemic mode. stuart: down 5%. not good for the stock. charge point, i don't know the company in particular. they're up 8%. jackie: this company makes charging stations for electric vehicles. this is a growing business right now. their sales beat. boosted full-year guidance as well. you have an administration to push electric cars. that is something we'll see. keep in mind, stu, adjusted loss

was 13 cents a share. this reminds me of a unicorn company in the phase of trying to find profitability. that takes some time. stuart: up 8%. charge point. got it. i saw oil at $70 a barrel earlier. occidental, they're on upside because of that. jackie: we'll see oil prices go higher and higher. part of that is because of the reopening. part of this administration and its green energy policies we were just talking about that. you will see the energy companies move up to a point until prices become prohibitive. talk about the gas prices every day. that is when we see a tipping point, right? stuart: you got it. chevron by the way still yields 5%. 5% on chevron. that is pretty good. jackie: yeah. stuart: tell me about china going after 11 of these ride-hailing firms. what is this all about? jackie: this is so interesting to me. they make it like it's a safety thing, vehicles are registered, drivers are registered. we think about it with uber for

example. they are going after 11 different companies including didi which is the biggest one with the most market share in this country. you have to say to yourself this is a communist country, burgeoning, this is slowly being allowed, changing the system. you can't be communist have the capitalist businesses running alongside. i wonder what is actually happening here with the regulators? anytime the ministry of something, in this case transportation wants to look into something, it raises an sigh brow. stuart: i would be doubtful about investing in any chinese stock at this point, with the communist party looking for control. jackie, thanks very much indeed. get back to the northeast, slammed by ida overnight. flash flooding turned fatal. we have a live report on conditions which you will find in the northeast today. even college students are reconsidering their support for president biden. whoa, roll tape. >> who did you vote for in the 2020 election? >> i voted for biden.

>> i supported biden. >> probably would have been biden. >> how do you think biden has been doing so far. >> honestly i think he failed a lot on a lot of his promises. stuart: we got more reaction from campus coming up for you. one major city now paying criminals not to shoot each other or other people. we'll tell you where that is. have a guess. ♪. we finally found the perfect house. yeah, we couldn't believe the deal we got. just lucky i guess. (sfx: airplane flying overhead) we're a little closer to the airport than we thought... (sfx: airplane grounded outside the house) at least geico makes bundling our home and car insurance easy. saving us so much money. -hi. -how was your flight? -good. -good.

morning, ted. for bundling made easy, go to geico.com. that spin class was brutal. well, you can try using the buick's massaging seat. oh. yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. what's your buick's wi-fi password? it's buick envision. that's a really tight spot. i used to hate parallel parking. ( all together ) me too! the all-new buick envision. built around you. all of you. pay no interest for 72 months plus current eligible buick owners get 5 hundred purchase allowance on 20-21 buick suv models. that building you're trying to buy, get 5 hundred purchase allowance - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't...

oh, actually... that looks pretty good. see it. want it. ten-x it. yum! advil dual action fights pain 2 ways. it's the first and only fda approved combination of advil plus acetaminophen. advil targets pain. acetaminophen blocks it. advil dual action. fast pain relief that lasts 8 hours.

as i observe investors balance risk and reward, i see one element securing portfolios, time after time. gold. your strategic advantage. in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds

to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. (announcer) back pain hurts. you can spend thousands and still not get relief. now there's aerotrainer by golo. you can stretch and strengthen your core, relieve back pain, and tone your entire body. (man) and you're stretching your lower back on there. there is no better feeling. (announcer) do planks for maximum core and total body conditioning. (woman) aerotrainer makes me want to work out. look at me. it works, 100%. (announcer) find out more at aerotrainer.com. that's aerotrainer.com. ♪. stuart: i editorialized on this. there is a crisis of confidence at the white house. an official who has remained

anonymous says he is appalled by biden's withdrawal from afghanistan leaving americans behind. ronna mcdaniel, rnc chair is with us now. there is this crisis of confidence. how do you make the president accountable, ronna? >> well i think every american right now watching the president of the united states raise a white flag of surrender above the white house and leave americans behind are saying he should resign. we just saw a poll to that effect with the majority of americans saying it is time for him to resign. we have one thing in the united states in our military personnel say, leave no man behind. well joe biden just didn't leave men behind, he left women, students, journalists. he left men on the battlefield. all because of his poor decision making in every step of this crisis. i think it is time for him to go. stuart: yeah, okay, but then you would have president harris. i'm not joking. every time i talk about the

president resigning or being impeached or being replaced, people say to me, do you mean president harris? they're not keen on that. so do you really want a resignation of the president, ronna? >> of course i don't want president harris but i do think when the president of the united states kowtows to the taliban and leaves americans behind, willingly, knowingly, puts together a disaster after withdrawal that he did that left so much military equipment in the hands of terrorists, it is concerning. as much as i don't want harris i also think we need to hold biden accountable. he gets a free pass a lot. people say he is not all there. he is not accountable. he is a nice old man. he is accountable. this lays at joe biden's feet. he is president of the united states. he just surrender did. our enemies are emboldened. our allies are disillusioned. this is a president who failed at every level. stuart: if you want to hold him accountable to voters you have to wait until 2022 but does the

afghan disaster have legs? will it still count? will it still be the political issue 14 months from now? >> well i think 14 months is so long away. i think this is baked in. every american will look at the episode of joe biden's presidency to say he failed. this will be part of his record as we go into 2022 and those democrats that defended him. that stood on tv, oh, this was an extraordinary mission and a success. we all know this is a failure. do not lie to us. the lack of remorse that he has shown, the lack of contrition to the families who are suffering, there is so much to unpack with this episode and we don't know what is going to happen going forward. we still have the american people strapped in afghanistan. what does the future hold for them? stuart: this white house is under siege as we speak. ronna, thank you very much for being with us. i'm sure we'll see you again real soon. >> thanks, stuart.

stuart: quickly to the markets. we have the dow up 80. the nasdaq is up 28 points. we have records pretty much across the board this morning. the price of oil has lit $70 a barrel -- hit $70 a barrel. first time we've seen that in a month. this is example of how bad the flooding is in the northeast. united airlines temporarily suspended operations at newark airport. there is widespread flooding in new jersey, new york as well. we'll show you video simply extraordinary coming up. united will resume flights later on but not right now. the chief executive officer of sweet green is being slammed for a linkedin post connecting covid deaths to obesity. stuart: sweet green is a expensive salad company. jackie: yes. he said 78% of hospitalizations due to covid are obese and overweight people. late he said no vaccine or mask

will save us. the problem that you have here, in one breath talking about another pandemic problem we have in the country, obesity, that is fair but saying the vaccines and masks are not anecdote to the. the post has been deleted. stuart: joe rogan tested positive for covid. he was on air earlier telling the cocktail of stuff he has been taking to get rid of covid. jackie: for someone who is saying young people don't need to take the vaccine, i'm surprised how much he threw at it in his own words. he said it was the kitchen sink. listen to this. >> got up in the morning. got tested. turns out i got covid. so we immediately threw the kitchen sink at it. all meds, monoclonal, antibodies, z pack, prednisone, everything and i also got an nad drip and a vitamin drip and i

did that three days in a row. and so here we are on wednesday, i feel great. jackie: i've very mechanic tin is the one we talked about. they use it on horses and cows as well. for somebody who thought the vaccine is not necessarily for populations. this hit him hard. he had to take a lot of stuff. stuart: the doctor said ivermectin was useless and ridiculous. jackie: absolutely. stuart: our nation's top leaders are opening the door to working with the taliban. roll tape. >> any possibility of coordination with isis-k. >> it is possible. >> what is the taliban? are they are frenemy. our adversary, what are they? >> well it is hard to put a label on it. stuart: retired lieutenant-general keith kellogg. he will be here around he will

put a label on it. if you thought stimulus checks s were a thing of the past. think again. we'll tell you which state is opening the cash spigot all over again. ♪ we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for network quality in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon.

that's why we're building 5g right, that's why there's only one best network. liberty mutual customizes car insurance so you only pay for what you need. how much money can liberty mutual save you? one! two! three! four! five! 72,807! 72,808... dollars. yep... everything hurts. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

♪ ♪ ♪ ♪ ♪ ♪

deposit, plan and pay with easy tools from chase. simplicity feels good. chase. make more of what's yours. stuart: the rally holds. doing quite well. up 128 points. nasdaq is up 37. 15,347. >> more than 31,000 afghans arrived on u.s. soil since the evacuation began. that influx raises questions over the vetting process. edward lawrence is with us. do we know what the vetting process involves, edward? lauren: lauren: we do know what it involves. -- reporter: we do know what it means. there are concerns particularly for security for number of folks related to this security process. one representative, tom tiffany, he went to visit fort mccoy with 2,000 afghans staying

there. he says there are unvetted refugees in the fort mccoy. those refugees are free to come and go how they like. the white house is pushing back unvetted people are not allowed into the united states, third party country qatar, going through process then going to the united states. americans pass through the process. the state department tells fox business about the others vetted in those countries says this. intelligence, law enforcement, counterterrorism professionals conducting screening security vetting for all siv applicants and afghans before they're allowed into the united states. we're surging resources to evaluate each case, to process these as efficiently as possible to protect homeland security. the state department undersecretary says they're actually using technology to get this done. >> from all of the other agencies who are working around the clock, first to get american citizens home as soon as they

land, then biometric, bio graphic screening on afghan refugees before brought into the united states in process from a third country. reporter: you heard from the administration, no one is coming into the country being vetted. fox news learned there was one plane that landed in dulles in washington, stood there for 10 hours as officials tried to vet the people on the plane there because they had not been landed before they landed here at dulles airport. stuart: 10 hours. thank you very much, edward. we have retired general keith kellogg. welcome back. good to see you again. president biden i think face as crisis of confidence. where do we go from here? >> yeah, stuart, thanks for having me. there is a couple ways to go, i think we need to talk about accountability from what's happened but the second piece, you said it earlier, what do we do with the taliban who now controls afghanistan? how do we approach them

concerning that there are still americans there which the president said he wasn't going to leave, we did. and we have let a lot of our former allies, people who should have the siv, special immigrant visas there as well. the way you work with the taliban, the way we worked with them when we set up an original peace agreement with them 1months ago. that is when the president of the united states, donald trump, picked up the phone, called mullah baradar, someone we got out of jail in pakistan, talked to him in no uncertain terms. i used to listen in the oval office when i was there. i wonder how this is being translated. that is how you work with the taliban. that you come from a position of strength. this is my concern. we're not coming from a position of strength at all. we're coming from weakness. stuart: exactly. we heard from general milley, said they are prepared to work with the taliban on future missions. but the taliban hold all the cards. >> yeah. stuart: they have got complete

control of everything that is going -- how do you work with that? may i suggest that working with the taliban means basically paying them, you see that happening? >> do i see it happening with this administration? yes i do, but that is not the way they should do it. look, here is what needs to be done. we need to engage their senior leadership. the president of the united states needs to do that because he is the only one that has the true force of arms behind him. like donald trump when he picked up the phone baradar, if you don't work the peace deal, i know where your family lives, where your buddies live and we'll come after you. we had the force of arms behind us. president biden doesn't have the will to do that. he will not pick up the phone to call them. he will send one of his other individuals. director of cia, secretary of state, nsa, those are the wrong people. we already folded our cards or folded our hand in afghanistan, we left the country but we have

responsibility for americans still left and people that supported us. we need to goat in there to make sure we get them out as required. but my biggest concern is, stuart that this administration doesn't have the will to do that. here is what they would like to do. they would like you to now focus who is playing football this labor day weekend, and afghanistan after 20 years, trillions of dollars spent, thousands killed and wounded, don't worry about that, that was only 20 years ago, how will the football game go this weekend? that is how they do it. that is a terrible miscarriage. certain people need to be held accountable for what happened not only the last year but last 20 years. stuart: when you say held accountable, you mean resign, secretary of defense or the state department or the secretary of state, resignations is what you're calling for? what about the president? >> unfortunately, stuart, you know where i come from. we're kind of stuck with him for the next three years but the fact is he was advised by his

principal advisors, defense advisors, his national security advisors, secretary of state, all of them advised him what to do, none of it happened. so he said yesterday that he had unanimous support from all of his military and state and national security officials. that means they are culpable for what's happened there. that means we lost a country we spent the last 20 yea some of them. they need to say okay, i probably i need to go. stuart: under president trump that would have been quite a few firingses right now i do declare. general, thank you very much for being here. i appreciate it. >> thank you, stuart. stuart: you got it. deal with this, fire crews racing to save towns near lake tahoe. the wildfire shows no signs of

letting up. we'll take you there for a live report. one major criminals now paying criminals not to shoot other people. but i bet you can guess exactly which state this is happening. you know where it is. go ahead, have a guess. ♪. usaa is made for the safe pilots. for mac. who can come to a stop with barely a bobble. lucia. who announces her intentions even if no one's there.

and sgt moore. who leaves room for her room. with usaa safepilot, when you drive safe... ...you can save up to 30% on your auto insurance. get a quote and start saving. usaa. what you're made of, we're made for. usaa. what you're made of, we're made for. today, business is a balancing act. you want your data to be protected and secured. and your customers want seamless and easy. with ibm, you can do both. your company can monitor threats across your clouds, address all those regulations, and still create all new experiences. trustworthy ai powered security. that's why so many businesses work with ibm.

♪. stuart: the rally holds. 138 points up for the dow industrials. the nasdaq losing a little ground though. it is only up 33 points. record highs across the board. caterpillar that stock is up 2%, a nice gain. it's a dow stock, because of that gain it is adding what, 26 points to the dow industrials. but on the other side of the coin visa is down 2.3%.

that is a dow stock. that shaves 35 points off the dow industrials. thousands in lake tahoe evacuating. a wildfire. what is the latest. reporter: fire only grew about 20,000-acres in the last4 hours. the containment is up from 20, 25%. right now heavenly ski resort is over my shoulder. the fire is three miles in that direction over that mountain. lake tahoe is only 300 yards from where i'm standing. then you have south lake tahoe, thousands of cabins and businesses here. the goal is to stop the fire from going there, down to here. >> this town, south lake tahoe is dependent people visiting these areas. if we were to lose heavenly, it would be horrendous. we are going to do everything we

can from keeping fire getting into the cabins and getting into the structures and even the chair lifts. we're concerned about every aspect of this fire getting into any of those resources that we know that people are dependent on for their livelihood. reporter: using bulldozers, handcrews, hoses and of course about 30 both helicopters and fixed-wing last night a lot of water restandard ant, they were able to safe kirkwood resort, several lodges, of course, many, many structures. i think they lost, looks like about 25 structures over the last 24 hours. but they're using these backfires as well to fight the fire. of course a fire you know is like a jigsaw piece, right? it is a lot of irregular fingers if you will, going into different directions, depending on topography and wind and fuel. winds are down, humidity is up. that is the good news. they have to save lake tahoe itself. it is fed by all the streams and

watersheds and the national forest and don't want the ash and debris to pollute the lake. bottom line, stuart, big picture are things are improving here. it is very active fire situation. they have several structures they need to protect today. stuart: we could use a little good news, i gave it to us. thank you, william la jeunesse. crime in one city so bad they're paying people not to shoot each other. i think i know where this is but why don't you confirm it. jackie: it is san francisco, the place where you bought your first home i just found out during this program. here's what they're doing. gun crimes are picking up. they're saying we'll pay you not to shoot each other, rather than work on the whole law and order situation. that might be a way to do it. hey, if you shoot someone, you are going to go to jail. stuart: okay. we got a whole series of crazy california stories. move on to the next one. jackie: yes. stuart: they are sending out the second round of stimulus checks, starts this week, second round of stimulus checks, money in the

mail. jackie, who qualifies? how much are they getting? jackie: 600,000 residents got the first tranche. $354 million. comes to $590 per check. the second round is part of newsom's bigger budget that he passed in july, 12 billion to 15.2 million california households. part of the problem is we'll not reopen if you keep paying people enough they don't have to go back to work. that causes inflation, so you and i pay more for things. stuart: that is california what do they know? what do they care? one more, george soros gave another $500,000 to a group supporting gavin newsom. so can you tell me, if you know, how much money has newsom brought in all together for this whole thing? jackie: it is amazing. he passed the 58 million mark which he raised in 2018. they're on track to get to 70 million. sore rose gave 500,000 in two different tranches about a million bucks with his contribution there. that as the election is looming.

the recall is coming up september 14th. larry elder is gaining traction. newsom gained so much money during the break, that he cannot lose. stuart: it will be neck-and-neck. more california craziness. thanks for i willing us in there. ida slammed the northeast triggered flash flooding that turned fate at that overnight. you should see some of what is going on in new york overnight. we'll show you. even college students turning on biden. we'll tell you what students at george mason university are saying. we'll be right back. ♪.

do you have a life insurance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit conventrydirect.com to find out if you policy qualifies. or call the number on your screen. coventry direct, redefining insurance. that spin class was brutal. well, you can try using the buick's massaging seat.

oh. yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. what's your buick's wi-fi password? it's buick envision. that's a really tight spot. i used to hate parallel parking. ( all together ) me too! the all-new buick envision. built around you. all of you. pay no interest for 72 months plus current eligible buick owners get 5 hundred purchase allowance on 20-21 buick suv models.

stuart: everything's up. i see cryptos up. i see bond prices up. stocks are up. look at that dow up 143. nasdaq now up nearly 50. show me big tech, please. not all of them are up. i see facebook down what, 1.4%. big tech, believe me, is doing very, very well.

microsoft is up to 302. right. the white house tries to move forward from, move beyond the withdrawal from afghanistan, many college students are voicing their regret for supporting the president. addison smith, is a campus reform reporter and joins me now. addison, you spoke to college students at george mason university. tell us, spell it out, what did they say? >> students are hopping off the biden train at impressive numbers. president biden's approval rating has plummeted since he took office. there is a new "rasmussen poll" out shows 52% of american voters think he should resign. it is no surprise why. if there is one thing he has delivered to the american people is one crisis after another. so i went down to george mason university to see how college students are feeling seven to eight months into their vote and it turns out biden remorse is not just a trendy hashtag on twitter. it is very real. take a look what these students had to say.

who did you vote for in the 2020 election? >> i voted for biden. >> i supported biden. >> probably would have been biden. >> voted biden. >> i voted for biden. >> yeah i voted for biden. >> joe biden. >> biden. >> how do you think joe biden has been doing so far? >> honestly he failed a lot on a lot of his promises. >> not doing the best. >> i don't feel great about his decision. >> we have to be parish how much he is doing. >> if you look apparently he is not doing better. stuart: you're on. addison, you are on, okay? came to the end of the sound bite. wait a 2nd. you must have done some editing there. how many people really have turned on biden from all that you interviewed? >> none of these students were going to vote for joe biden again. if this video shows us anything,

college students at impressive numbers are withdrawing their support for joe biden. they're starting to see inflation is sky-high, the border is out of control, and the withdrawal from afghanistan has been a total disaster. it has been a disaster. 13 servicemembers are now dead and countless americans have been left behind. this is an america last again today from a america last president. as leadership institutes campus reform we shown this with the students more than once. i went to the university of virginia, over 80 million of taxpayers doll are going to putting illegal immigrants up in hotels. they were not happy. i did a video at central florida, you know the cages at southern border biden condemned trump for four years, he is now using those same cages. what we're seeing from our elected officials, saying one thing and doing entire opposite. that is why biden is losing all of his base. stuart: addison, i think we know where you're coming from. thanks for that report. we'll see you again later.

>> thank you so much. stuart: at least this, nine people dead after ida slammed the northeast. lots of flooding and some tornadoes. bryan llenas is in queen as new york. come on in, bryan. what is the damage like there? reporter: stuart, it is tragic now really, we're talking about a situation where there are at least 14 deaths between new york, new jersey, pennsylvania from the flash flooding. here in new york city, eight people died including a mother and a son here in queens, new york. you can see some of the damage that is here. here is what happened here, mother and son, come over here, they were inside a basement apartment when the floodwaters came rushing in. they were unable to get out. this is the type of loss that we are seeing here in queens, new york, and again if you look at these videos coming out from last night, this is his tore quick. the national weather service sending out a flood emergency service for first time in the city's history. the rain was coming down at clip

of three inches per hour. that is a record. sick to 10 inches of rain in matter of several hours. subway stations completely flooded out by this rain. in fact the nation's largest subway such here in new york city was completely shut down. it has only been open for limited service. there were roads and highways flooded out. cars abandoned as people had to escape rising waters here in the city. again the state of emergency here in new york, they are questioning fema and federal dollars to help with all of this. in new jersey there was a tornado in malika hill. in that community multiple homes damaged for a twister that sawed through. there is flash flooding throughout new jersey in pa say quick. a 70-year-old man in passaic who unfortunately died as the car was swept away. his family was rescued. there was not enough time to be able to save him. this was flash flooding to an

extent this city has never experienced before. we're talking about a clean-up here, for the family, mourning, there was a 2-year-old boy, stuart, 10 miles away from here who also died in the flooding. neighbors say it happened so quickly. stuart? stuart: you're right, bryan, we never seen anything like that. that is a fact. bryan llenas. thank you. jackie, when you came in this morning to work, i saw loads of abandoned cars all over the place. jackie: it was a rough commute people were telling me. i'm in the city, walking around, looks kind of normal. you look what happened underneath, underground in the subway. these are staggering shots. i put the wellies on i had to because i needed food to be honest with you. saw rain coming down at these clips. i was holding umbrella, the wind under that umbrella it pulls you. it was pretty remarkable. i covered hurricanes i wasn't

expecting this to be like that because it was ida remnants. i thought it was a little rain coming our way. stuart: a lot of people who do not come to work today, remote work has a shot in the arm from this. jackie: sure. stuart: a lot of people can't get in. jackie: they will have a hard time, look at pictures. if your car is underwater, then what? stuart: we're very glad you made it in. you spent the last two hours. jackie: thank you for having me. stuart: if you're not careful you will come back. jackie: i enjoyed it. stuart: we'll see about that, jackie, seriously, thank you very much. another big hour coming up for you, sean duffy, heather zumarraga, "wall street journal's" dan heninger. where is kamala harris? looks like she is deliberately being kept under wraps by the white house. that is my opinion. you will hear more of it after this. ♪. you can close with more certainty.

and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker. ten-x does the same thing, - but with buildings. - so no more waiting. sfx: ding! see how easy...? don't just sell it. ten-x it. growing up in a little red house, on the edge of a forest in norway, there were three things my family encouraged: kindness, honesty and hard work.

over time, i've come to add a fourth: be curious. be curious about the world around us, and then go. go with an open heart, and you will find inspiration anew. viking. exploring the world in comfort.

[sfx: radio being tuned] welcome to allstate. ♪ [band plays] ♪

a place where everyone lives life well-protected. ♪♪ and even when things go a bit wrong, we've got your back. here, things work the way you wish they would. and better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today. >> it is a crisis in confidence, in both joe biden and kamala harris. i can't find a single person on either side of the aisle that thinks our withdrawal from afghanistan, the way it was executed was acceptable. >> we have to be outranl rage -- outraged that something so bad could happen. it is another day in washington. >> what you want to look at is the middle of the month, if you get some volatility into the

week three, i would begin to expect pullbacks. >> i have facebook. i have google. i don't have microsoft. i do have microsoft. you have to be idiots not to have those. all they do is go up. >> stuart: well, that is new york city right now. the sun is shining, but it wasn't like that a few hours ago. that is the empire state building on a very nice day. 11:00 eastern time, thursday, september 2nd, the markets are still in rally mode again. dow is up 151. almost 35,500, pretty close to that. the nasdaq is at 15,355. up another 44 points. records all across the board. everything is up. now this -- where's vice president harris? to say she is keeping a low profile, that is an

understatement. as a crisis of confidence washes over president biden, his vp stays out of the public eye. this is deliberate. she is being kept at arm's length because she's become a liability. a just released poll showed one third of democrats felt she wasn't qualified to be president. that's democrats. she's the most unpopular vice president in 50 years. wasn't supposed to be like this. joe biden picked her because he wanted to lock in support from women and minorities. her identity got her on to the ticket. after the election, the white house insisted on it being called the biden harris administration. that didn't last. harris was put in charge of the border crisis and made a mess of it. she was asked if she'd been to the border and famously replied she hadn't been to europe either. there is always that laugh, even when she was traveling to singapore just as afghanistan was collapsing, there's that troubling giggle. her performance and her demeanor do not inspire confidence.

but kamala harris is in a unique position. joe biden is nearly 79. he's the oldest person ever to be elected president. harris is therefore more likely to become president than any vice president in recent history. and biden's age is showing. lots of talk about stepping down because of his failures in afghanistan. here we are, an aging president stumbles from one crisis to another, and his unpopular vice president finds her identity credentials don't work anymore. so they keep her under wraps. it is a crisis of confidence for our top two leaders. do you know who is number three? the speaker of the house, nancy pelosi. third hour of varney just getting started. ♪ ♪ >> stuart: i'm going to repeat myself with our guest who joins us now. there is a crisis of confidence in the top two leaders in the

united states of america. my opinion, it is in trouble. what do you say? >> i think you are spot on, stuart. you are right, kamala harris was picked not because of her policies. she was picked because she has the right identity, 100%. and so i think you're right. i mean, the biden administration looks at the cringe worthy performance of kamala harris and are like listen, we want to push her away. get her away from all of us. but at the same token stuart, she looks at the biden administration implementing the policies that she agrees with, whether it's on the border or afghanistan or paying people not to work, spending huge amounts of money which will bring us inflation. she agrees with those policies but she sees that the american people don't really like them, so she's actually trying to distance herself from biden as well. so both of them don't like each other and want distance from the other which is kind of a unique situation. it is not about their personalities. it is about the policies, stuart. the policies have been failures. the american people hate them. each of the two leaders, biden

and harris get the stink from bad policy. >> stuart: i'm sure you have seen this, but there is growing dissent within the white house. we've got reports that one official unnamed, anonymous is horrified, that's the word used, horrified by president biden's decision to leave americans behind in afghanistan. now, he's got -- it seems like the white house is under siege here, both internally and externally. now, the president's going to deliver remarks on about either about 11:30 eastern time this morning. he's going to be asked about afghanistan. what is he going to say? what is he going to say? is he going to turn around and say i'm not taking any questions on that, walk away and go away. what is he going to do? >> well, listen, i think he's going to do what he's done for the last several weeks for it to say this has been an absolute utter success. this is what we anticipated happening. every american who looks at afghanistan and says listen, most people wanted to get out of afghanistan.

we spent 20 years fighting the taliban, but not this way. there was a good way to do it. to give up bagram, collapse your troops into the kabul airport to make sure guys are sitting ducks to give this radical islamic group arms. to arm them better than they were on september 10, 2011 is insanity. biden won't admit that or accept it. >> stuart: i can't believe he would come out today after all this internal dissent, all these polls, after the abject criticism from both sides of the aisles, i can't believe he will come out and say hey, it was a success. i think he'll walk away and not answer any afghan questions. that's what i think. last word for you. >> you and i would blush at that stuart. it would be such a bold-faced lie we could barely do it and turn red by doing it. biden has no issue with lying to the american people and then walking away without taking questions because maybe he's not all there and he actually believes it because his staff has told him that.

i'm not sure. he will do it. grant success. it is shameful. >> stuart: we can only wait and see. i will guarantee he's late. it is supposed to be 11:30. i don't think it will be 11:30. we will see what time he shows up. always a pleasure, sir. thank you very much. check that market, got to keep checking it, dow is up 150 points new high 35,464. everything is up this morning. whether you are talking bonds, cryptos, or stocks, everything is up. heather is going to be with me for the entire hour, the 11:00 hour. watch out, heather, this could get rough, you know what i mean? >> it doesn't look rough. all in the green, all the indices are headed up, so it's a pretty easy market to digest. every morning you wake up, and we're at all-time highs again. >> stuart: yeah. >> i mean, the average investor sitting out there and i think fear of missing out, fomo really resonates with a lot of people right now. >> stuart: yeah, but you ask the

same question every day, how long can this go on for? and every time you get any kind of dip, people buy the dip and it goes right back up again. seriously, though, heather, how long can this go on for? >> well, look, i think as long as you have liquidity or money in motion from both the fed keeping and holding interest rates too low for too long, and you have on the fiscal side another 3 1/2 trillion, on the table right now, so we have massive inflation. we're creating asset bubbles in places like the real estate market. this could end very badly. but over the short run, the market continues in the green and heads higher, you know, because don't fight the fed and don't fight the tape. those are two things that investors know to live by, that have been doing this for a long time. >> stuart: tell me about the cryptos. i've got bitcoin at 50,000 bucks this morning. i've got [inaudible] moving up to its highest point since may. i don't know whether you are in or out of cryptos. but i want you to explain why

this recent surge for them. >> i wish i was. i think i would have a different house, a different car. i'd be -- [laughter] >> i don't know. maybe i wouldn't be working if i had bitcoin, but look, [inaudible] over 3700 is a level that we haven't seen since mid may. bitcoin below 50,000 right now, but that's a level that investors were watching and two dynamics are in play, that you can tie back into why the stock market is up. investors are flocking to an alternative currency. they're seeing massive inflation. the dollar's at its weakest level i think in one month. and across the board, they are saying we are printing way too much money in washington, and the federal reserve is buying bonds 120 billion per month, suppressing interest rates, and there is an insatiable appetite for these crypto currencies. that's why they have been doing very well. >> stuart: you throw a wall of

money, trillions of dollars at the financial markets, and generally speaking, they go up, and that's what's happening now. whether the fed's making a mistake or not, that's another story. this is what they are doing. that's why stocks are going up. heather, i know you're with us for the hour. stay there, please. we'll get back to you shortly. i want to deal with gm as in general motors. they have announced significant cuts of north american vehicle production. they will be extending down times at eight plants. they're grappling with that ongoing chip shortage. that's for them. don't believe the taliban's promises to women. that is the message from a female journalist who escaped afghanistan. she's with us. she's going to tell us her story. hurricane ida hit new orleans 16 years to the day after katrina. but it didn't cause nearly as much devastation. the "wall street journal"'s dan henninginger calls it an american success story. he will explain it. remnants of ida causing historic flooding in the northeast. at least nine people are dead in the northeast overnight.

we've got the report from new jersey coming to you next. ♪♪ (vo) the rule in business used to be, "location, location, location." now it's, "network, network, network." so you need a network that's built right. verizon business unlimited starts with america's most reliable network. then we add the speed of verizon 5g. we provide security that's made for business and offer plans as low as $30 per line. more businesses choose verizon than any other network.

we are open and ready for you. ♪ ♪ ♪ ♪ ♪ ♪ monitor, check and lock down you money with security from chase.

control feels good. chase. make more of what's yours. that spin class was brutal. well, you can try using the buick's massaging seat. oh. yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. what's your buick's wi-fi password? it's buick envision. that's a really tight spot. i used to hate parallel parking. ( all together ) me too! the all-new buick envision. built around you. all of you. pay no interest for 72 months plus current eligible buick owners get 5 hundred purchase allowance on 20-21 buick suv models.

>> stuart: extraordinary weather in the northeast last night. at least nine people are dead after ida pounded the northeast. heavy rains, flooding, and even tornadoes. david lee miller is in passaic, new jersey what are you seeing there, david? >> well, stuart, the sun is out. the sky is blue. but there's a great deal of anxiety in the air. authorities now still trying to figure out the full extent of the damage caused by this storm. we have an update on that figure

you gave. they are now saying as many as 14 people died in new york and new jersey. take a look at the scene in passaic. over my shoulder, this is a roadway just about 100 yards from the passaic river on the other side of route 21 here in nmg new jersey. we're looking at what we believe is predominantly sewer watt their is backing up. you can see the -- sewer water is backing up. firefighters rescued two people from a partially submerged car, but a third person was swept away. not far away, in elizabeth, new jersey, we are told as many as five people died there. they were apparently trapped in a housing complex. and statewide, also a very dire situation. there's been flooding at new york airport, flooding of at least one hospital, a va facility, and countless roads

throughout the state are flooded. at least one bridge has been destroyed. others impassable. of course more homes than anyone can count have experienced significant flooding. also multiple tornadoes have touched down in new jersey. a short time ago, the governor visited the site where one of those tornadoes did some damage, and he called the storm in his words unprecedented. listen. >> this unspeakable extraordinary event, as i said to him, he and i have gotten to know each other over the past 24 hours, not necessarily in the way we would have hoped. >> and just outside of philadelphia, county north of philadelphia, montgomery county, once again, there is massive flooding. we have just received some information from authorities there. at least three fatalities in montgomery county. rescuers there were plucking people from their submerged cars. historic flooding in that community. and across the hudson river,

from where i'm standing, new york city, again, more devastation there. the mayor and others held a news conference just a short time ago. they say at least nine people have died. people in many cases trapped, again, in their own homes. many roadways impassable this morning during rush hour. also commuters had to contend with a heavily flooded subway system this morning. many subway lines simply not in operation. new york senator charles schumer said that he is going to do his best to get new york city the financial aid that it needs to recover from this crisis. but the bottom line here, stuart, yes, the sun is out. yes, there's blue sky. but many of the rivers have not yet crested, and there is fear that there is more damage that is yet to come. back to you. >> stuart: david lee miller right in the middle of it, thank you very much, david. good to see you again. thank you very much. the sun is out in new york, but the cleanup is beginning, and now we're beginning to see the

extent of the devastation. it is extraordinary stuff. change the subject, look at this, why hurricane ida wasn't katrina. dan henninger wrote that. he joins me now. ida is actually an american success story? is that what you are saying, dan? if so, make your case. >> i do say that, stuart, and it certainly relates to what's going on in new york right now. hurricane katrina in 2005 came across new orleans. it killed 1,800 people. we all remember katrina's devastation. hurricane ida has killed about eight or nine people. what happened in the interim? what happened is that congress appropriated 14 1/2 billion dollars and the army corps of engineers built systems of levees and flood walls and pumping systems around new orleans that worked. this was a government project that was successful. it was successful because the

united states does have the capital to do this sort of thing. unfortunately, stuart, it was a rare story. government often doesn't work, especially now in the area of infrastructure. i'm so struck at the end of that report, by david lee miller, and incidentally, i live in this area, never in my life in living around new york have i seen scenes of devastation that we have witnessed here in the last 24 hours. senator chuck schumer says he's going to seek federal aid. well, the infrastructure in the northeast region is crumbling. they have something called a gateway project, rebuild infrastructure around the new york area. that's estimated to be 30 billion dollars. congress won't appropriate it. why? because they don't trust the political class in this area to dedicate money to infrastructure. it gets siphoned off into welfare, union contracts, and political insiderism.

that is why the infrastructure in the northeast is crumbling and so vulnerable to events like this. we do need to spend money on real infrastructure. but the democrats, from joe biden on down, want to spend the 3 1/2 trillion on human infrastructure. there isn't enough money to do both of those things, stuart. and we've got to do what new orleans and louisiana did. focus on the real problems to prevent these kind of catastrophes. >> stuart: i'm reading between the lines, dan. you don't think we are going to focus on the real things here. that's a distraction. if we get money for the northeast, you think it will be frittered away -- that's the wrong word to use maybe, but diverted, sidelined into something else. are we really going to continue that pattern after all of this? >> yeah. it's inevitable. new york city built a two mile extension, the 2nd avenue

subway. it was started in the 1970s. it was recently completed at a cost of 3 1/2 billion dollars per mile. it's unconscionable. so no one trusts the politicians up in the northeast, if they get the money, to spend it appropriately or efficiently. and indeed, we know running in the background, stuart, we have the debate in washington between the 1 trillion dollars real infrastructure bill and joe biden and chuck schumer saying no, we have to spend additional 3 1/2 trillion on human infrastructure. so long as the democrats insist on making that distinction, in migrating money out of real physical infrastructure, dams, flood walls, bridges, highways, into what they call human infrastructure, this sort of devastation will continue to happen in areas like the northeastern part of the united states. >> stuart: dan henninger, a very timely analysis, thanks for being with us, dan. we will see you again soon. >> good to be with you stuart.

>> stuart: rally still holds one of the themes of the program today is everything is going up. that will be stocks, bonds, cryptos across the board up. carnival cruiselines just announced that the protocols for vaccinations, that is testing and masks staying in place through the end of the year. all guests need to wear masks in most indoor venues, and they have cancelled four additional sailings out of australia. the stock is up 2 1/2%. ubs investment firm says their unvaccinated employees can continue to work from home. the ceo says the clear and effective way to prevent spreading covid other than getting vaccinated is to not be in the office. heather zumarraga is with us again. seems to me this vaccination question is going to keep a lot of people at home, remote work will be almost rejuvenated by these vaccine mandates. where do you stand on this? >> yeah. i think remote work is here to stay, even long after the epidemic -- even long after

the pandemic, a lot of banks are struggling to get people back to the office. when you have ubs right now, one of the largest banks, they have an enormous global presence, while they have 25,000 u.s. workers, they also have most of their employees in switzerland, as well as some in hong kong, so it is difficult to mandate requirements for your employees if you are in different countries throughout the world, which all have very different legal frameworks as you mentioned. the ceo saying though they identified two thirds of employees that could work from home. >> stuart: there's another angle from this. you have a vaccine passport. you can't come to work unless you are vaccinated. we have set it in places. employees are going to lose a lot of workers because a lot of people won't get the vaccine. it is not that they are going to remote work. they are just not going back to that employer, and that's something that most employers can't afford these days. they are short of labor. they don't want to be chucking

them out. >> no, no, you are right, especially small businesses right now. that's a very good point. the lower income wages where people, two thirds of people were receiving more on the supplemental bonus, that unemployment income than they were working, not only did they have the excuse of not going back to work because they made more by not working, now is where we're opening the economy, if they don't want to get vaccinated, they have another excuse for not going back to work, because employers in almost all states are allowed to mandate what their employees can and can't do. >> stuart: there's no end to the impact of this pandemic, and that's a fact. heather, hold on for a second. we will get to you in a moment. starting today, businesses in new haven connecticut can be shut down for not complying with the city's mask mandate. we have a report on that. in just a few minutes, president biden will outline his plans for hurricane ida relief. will he take questions? that's what everybody wants to know. we'll be watching for you.

that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x it. yum!

to run a growing business, is to be on a journey. and along the ride, you'll find many challenges. your dell technologies advisor is here to help. so you can stop at nothing for your customers.

in 2016, i was working at the amazon warehouse when my brother passed away. and a couple of years later, my mother passed away. after taking care of them, i knew that i really wanted to become a nurse. amazon helped me with training and tuition. today, i'm a medical assistant and i'm studying to become a registered nurse. in filipino: you'll always be in my heart.

♪ i can see clearly now the rain is gone ♪ >> stuart: very good producers i can see clearly now the rain is gone. that's perfect. you can see a sunny new york statue of liberty and the rain is gone. it was awful a few hours ago, historic rain and flooding, but you can see clearly the rain is gone. show me the dow 30 stocks, please. give me a sense of the market. heavily controlled by the green, that is about three quarters of the dow 30 are in the green. they're going up, and look who is here. perfect timing. joe duran, the head of person of finance at goldman sachs. hit big for me, joe. everything is up. everything is up. do you see if there's anything on wall street that will bring all of this to a screeching halt in the immediate future? anything out there? >> well, obviously the delta variant is a concern. but frankly, i think what we're seeing is that's priced into the market. we have had a little bit of

choppiness, but frankly nothing of substance. the biggest issue is supply of money. investors and retail consumers are spending money. they're investing in the markets. and so my biggest concern is honestly valuations because at these levels, you do have a reasonably high likelihood of a correction. but the underpinnings are so good, interest rates remain low, which suggests that the inflation scare is mostly over us, but behind us, and we still have an incredibly expansive market, and when you look at earnings surprises on the upside, you know, 86% of companies beat their earnings forecast, with really aggressive growth targets, and 88% of companies beat their revenue forecasts, so the underlying for underpinnings of stocks are really good. i do see rotation in the market. you want to think about value. it is hard to be negative when you see some of the things we have already survived through. there's just too much money out there. not a lot of good places to put

it other than equities. >> stuart: joe, i have been doing this a bit longer than you have. and i have to tell you, i've never seen anything like this before. a rally that is so long, so broad, so consistent, without a serious interruption, except in march of last year, that was the pandemic, but there's been no serious interruption for, what, 10, 12 years? have you ever seen anything like this before? >> well, i think about the end of 99. that stretch from 1990 to 99. this is a very long run. we can't ignore the damage that was done in that six weeks when the pandemic hit. it was a 34% correction. and earnings are now bigger than they were in the s&p 500 than in 2019. we have more money in the m -- in the system. that can't be ignored. the fed has flooded the system with money which has created asset appreciation. i don't recall a time like this. we haven't been around in our

history where the fed has supplied so much money in the capital markets. that's changed the whole risk equation and continues to be true today. it is not like they have even started tapering yet. it is hard to see a reason why the markets would take a big pullback yet. you're right. it is once in a lifetime. >> stuart: it really is. you better be on board or else you have missed a once in a lifetime opportunity. you're my favorite zimbabwean and we thank you always for being on the show. we will see you again soon. >> thank you for having me. >> stuart: you got it. new haven, connecticut, threatening to shut down businesses which don't require masks. let me ask you this, lydia, does a health inspector up there in that city, does the health inspector just have to walk in and see someone without a mask, and they get shut down? is that how it works? >> almost, stuart. the city says they are going to be starting off with $100 fines for businesses, but that could very well escalate into shutdowns for repeated infractions. i talked to a couple of small business owners who say they don't necessarily disagree with

this city mask mandate in new haven, but they say business owners should not be made to enforce it. here's one cafe owner. >> i don't want to refuse any customer. i want everybody to come through the door. you know, it's hard enough already, so i don't really want to turn anybody away. i'm not that person of authority to tell somebody to do something that's against their will. >> -- a gym owner who already requires her members to be vaccinated. she says the mask requirements will hurt her business. and new haven is not the only city turning businesses into enforcers from mask mandates. chicago has fined more than a dozen businesses there. the amounts can range from $75 to $2500, stuart. and on the vaccine mandate front, later this month, new york city will begin issuing a $1,000 fine to indoor venues, like restaurants and bars, if they don't require proof of vaccination from their patrons.

>> stuart: that's new york for you. lydia, thank you very much indeed. >> thanks. >> stuart: you know, i want to tell you what's happening in florida. it's the polar opposite. the state will issue $5,000 fines to businesses that require proof of vaccination. that's the other way around. heather, come back in again. you live in florida. have you been anywhere where they have asked to see a vaccine card? >> not yet, but that's probably -- hey, i have it ready. i don't know if you can see this. i have it right here, just in case, but i have not been yet, and that may be due to the fact that as you just pointed out, the florida department of health is issuing $5,000 fines for any businesses requiring their customers to show this proof of vaccination, which is called a vaccine passport. essentially governor desantis has said this represents a huge major health concern -- not health concern, but showing your medical records is a privacy

concern. these big corporations for them to have that information about us. he's saying that's not okay. however, it does not protect small business employers, for example, mandating that their employees get vaccinated, just to be clear, this is for customers. the fine is if you require your customers to be vaccinated, not if you require your employees to be vaccinated, which i think makes sense. >> stuart: just to be clear, whose side are you on? are you on the floridian desantis side which says forget about these vaccine cards, forget about vaccine passports, or are you with the democrats in the northeast and maybe california that yes, you have to have a vaccine to get in the building? whose side are you on? >> i stand for small businesses in terms i believe that you can and should if your business is being impacted by employees contracting covid, that you should be able to mandate that, as a private company. however, as a customer, i side with desantis in terms of not

having the government mandate on my normal daily life, if i go to a gym, movie theater, etc., in releasing my private information. if it comes down to that, like i told you, i'm ready. i have it right here. it's a big privacy concern. i hope i don't have to. >> stuart: i would like to live under a republican state. >> move on down. we have room for you. >> stuart: i'm sure you do. hold on for a second. now this, expect to see more politics in football thissen is. -- this season. the nfl is pouring millions of dollars into social justice initiatives. we have that story for you. as the pga kicks off in atlanta, golf fans are reminded to treat players with respect. >> comments and gestures that are not of the welcoming nature

of the game will not be tolerated. >> stuart: somebody better tell portnoy about that. we will be back after this. as i observe investors balance risk and reward, i see one element securing portfolios, time after time. gold. your strategic advantage.

(vo) at t-mobile for business, unconventional thinking means we see things differently, so you can focus on what matters most. whether it's ensuring food arrives as fresh as when it departs. being first on the scene, when every second counts. or teaching biology without a lab. we are the leader in 5g. #1 in customer satisfaction. and a partner who includes 5g in every plan, so you get it all. without trade-offs. unconventional thinking. it's better for business.

>> stuart: some basketball players will have to be vaccinated if they want to play home games. new york city, san francisco, both require proof of vaccination for indoor activities. that means players on the knicks, nets, and warriors might have to get the jab, no matter what. how about this one, listen to what barstool guy dave portnoy had to say about golfers. watch this. >> i have never understood golfers. i said they are mentally weak. they are mentally weak. they are country club kids. if they guys call themselves professional athletes, they should have the mental focus,

the mental fortitude if somebody yells, if somebody cheers, if somebody says boo, that they don't cry and walk off the course. don't be a pro athlete if you can't handle the atmosphere. >> stuart: sounds like a slam on golf to me. he made those comments just as the pga is trying to deal with a heckling problem on the courses. fans can now be banned from pga tour championships if they're caught taunting players. i think we need our guest who is with us this morning, the chief operating officer of the pga tour superstore. randy, i thought golf was a dignified sport. i went to the masters a few years ago. it was a very very orderly crowd. where are all the hecklers coming from? >> well, thank you for having me on, stuart, and it's definitely something that we all talk about. for a long time, golf was considered a noninclusive sport; right? we're all working to make it more inclusive and have more people come out, have more people play, with our association with the first tee

and other things, we're getting people more into the game, and we've seen that a lot, but obviously this is a huge topic right now that the commissioner just made comments about, and i think what they are trying to do is draw a line; right? you can yell and scream at a basketball game when a guy is shooting a free throw, but if you throw a beer on the court, that's probably going to get you thrown out. golf has not had those kind of barriers before, so i think what we're trying to determine as a golf organization, with the pga tour, is what is the throwing the beer on the court actually mean? so again, this is a work in progress, but it's going to be interesting to see. >> stuart: let me come back to this a little because it seems like the nature of the sport, the nature of golf and watching golf and being there, taking part in it, it's changing. i know you want to make it more inclusive, but it really is changing when you get these huge crowds, very close, shouting and cheering all the time. the nature of the sport has changed. are you comfortable with it? >> yes, and i think it's --

there are certainly barriers as we talked about, but things like at the ryder cup, so if you went to the ryder cup 20 years ago, you would not hear 10,000 people on the first tee shouting and the players saying hey shout louder as i am teeing off with my first tee at the ryder cup. you are seeing some more of that today. golf is changing. we want it to be more inclusive. we want people who go to football, basketball games to come to golf tournaments and to enjoy the game we love more. i think we need to figure out how to do that. >> stuart: you have a boon on your hands, don't you? >> we absolutely do. >> stuart: your sales, your stores, you are up, what, 55% compared to the same period 2019. you are up that much? >> that is correct, yes. our sales have been incredible. one of the things that covid has brought on in the golf industry is the ability for people to get out in the fresh air, to socially distance, to do these things safely, and we have seen 6 million more people come into the game in 2020.

three million brand new golfers and three that have returned to the game, and a lot of stuart as you see -- a lot of these stuart as you say are people coming in from other sports. it is great to have them in the game. we are thrilled to have help them in their journey, whether they need a new set of clubs or a little bit of advice or a lesson. it is fantastic to see. >> stuart: that's terrific. 6 million new golfers just in 2020. congratulations. well done. come see us again. >> thank you very much, stuart. >> stuart: sure thing, randy. still on sports, the nfl says it is going to surpass the 250 million dollars pledge it made to address social issues this year. it will surpass that number. the league is saying it wants to make new partnerships to help address the black wealth gap. heather, come back in again please. they will also be dedicating weeks 17 and 18 of the season to addressing social justice,

issues -- social justice issues? do you think it might come back to bite them? the nfl? they didn't do real well with the kneeling last time. >> no, not all, they sure didn't, when you think back in 2017, they lost 15 million viewers in 2017 after, if you recall, the first kneeling of the national anthem in 2016, by colin kaepernick, of course, so i think it was a step in the right direction in terms of eliminating the protests while players are playing. i think that will increase their viewership and their fan base from a business decision. while at the same time, they are on target as you said to donate over 250 million dollars in ten years. they're well above target right now. i think they are over 160 million to date. so they are going to continue this social justice push, regardless of whether they're losing fan base viewership or not. >> stuart: they will. heather, thank you very much. listen to this one, a journalist who left afghanistan in 2015

says she's terrified about what the taliban is capable of doing. roll tape. >> looking back to the history that taliban has in afghanistan, we cannot trust them. their actions are unforgivable for all afghans. >> stuart: that journalist joins me next. the world's first fully autonomous vehicle is almost at the finish line what a ride! i invested in invesco qqq a fund that invests in the innovators of the nasdaq-100 like you become an agent of innovation with invesco qqq

>> stuart: my next guest used to work as a journalist in afghanistan. she fled in 2015. she's now trying to help her mother and sister get out. she's with us now. will you tell us, please, what's happening right now over there? what are your mom and your sister telling you that's happening to them? >> thank you very much for having me. well, my mom and my sisters and many many other families right now, they are traveling the most dangerous ways through the land to just get to somewhere safe.

and i feel so so sorry for them and also for all people that they are trying to help them, from here or on the ground, to get them some help, but no one has any idea. the situation is so fluid and changing any minute, that at this time, after more than two weeks, i almost don't know what is going to happen to them. i don't have any hope for them to get out. >> stuart: that's a terrible thing. that's a dreadful thing. would you act as a reporter for us and tell us what your relatives in afghanistan have been telling you about their treatment at the hands of the taliban? >> my family, they fled from one city to another city, took the most dangerous trip, and the entire time that i was in

contact with them, it just breaks my heart to see that every time they're grasping for their life, to be afraid that what is going to happen to them, and the treatment that they are getting right now, it's unbelievable. it's unbelievable. >> stuart: that's -- look, we're very happy that you're sharing this with us. i know how difficult it must be. it must be just terrible to have this happening over there, while you're here, and you can't help. but would you tell us this, have you received any help or encouragement or support from the women's movement in america? >> let me put it this way, the women that they are trying to help i believe in this situation, this situation that the u.s. government put us afghans and also the american citizens in, it's shameful. no one has any idea. no one has experienced this at any time.

and let me just be very clear about this. yes, withdrawal was supposed to happen, but not this way. not with many many lives -- a mistake not with many my lives to lose. -- not with many many lives to lose. currently my family is there. i know an afghan american official elected from new hampshire where her family is right with my family grasping for their lives. getting no help, the ngo's, the women's movement, everyone, they are trying to get help, they are not even getting the right answer from the state department. like, we don't even know what is going on, like, that's my country, i have no idea what is going on over there. i have to rely on my own people, who i am, even when i'm reaching out for help from another association, another movement, like i try to explain, i'm afghan, this is me.

this is my family. this is so bizarre. i have to put my family on a spreadsheet, on an excel sheet and beg for help. >> stuart: this is a dreadful situation that you're in, but we are really -- thank you very much for sharing it with us. we can understand from your words how difficult this is for you and your family. and we wish you the very best of luck. thanks for being with us. more varney after this. ♪ ♪ ♪ ♪ ♪ ♪ deposit, plan and pay with easy tools from chase. simplicity feels good. chase. make more of what's yours. let's go walter! after you.

walter, twelve o' clock. get em boy! [cows mooing] that is incredible. it's the multi-flex tailgate. it can be a step, it can even become a workspace. . . oads. chevrolet. oads. chevrolet. ♪♪ (vo) the rule in business used to be, "location, location, location." now it's, "network, network, network." so you need a network that's built right. verizon business unlimited starts with america's most reliable network. then we add the speed of verizon 5g. we provide security that's made for business and offer plans as low as $30 per line. more businesses choose verizon than any other network. we are open and ready for you.

stuart: theme of the day in the market, everything is up. dow up 150. nasdaq up 52. helping me through the last hour, heather zumarraga. thank you very much indeed, heather. you're a great help organizing the last hour of our broadcast. we'll see you again soon. >> good to be here, thanks, stu. stuart: see you soon. my time is up this thursday morning but neil, sir, it is yours. neil: all right. thank you very much, my friend. focusing on stocks that are up but again much of the northeast that remains underwater and trying to clean up right now, that is a lot easier said than done. we're just getting word right now that delta air lines have seen roughly 80 cancellations across the new york city area. the airports are pretty handicapped. they're getting some flooding too, especially at newark international airport. 370 separate flights have been canceled of all carriers.