and more information on ♪ >> on friday, trump presented the medal of honor to sergeant major, thomas paynethe first living member to receive the award. the president talked about his actions during a rescue mission from isis captors. ♪ ["hail to the chief" being played] a♪ ♪ >> i invite you to join me in prayer. almighty god, on this day of national remembrance, we pray. deliver us, oh lord, from evil men who plot evil things in their hearts. maintain the cause of the afflicted and execute justice for the needy. today, we thank you for the valorous attributes and actions of sergeant major, patrick payne, that indeed delivered the oppressed. who placed him in a family of love in a nation he loves, fostering the pure motivation of all warriors, who fight for those who stand behind him. you equipped his hands for warfare and forged within him a heart that regarded the liberty of others of greater value than his own safety. you assigned him in the ranks of those whose common bond is uncommon valor, when terror needed to be boldly confronted. your work through him not only preserved life, but p

please join me in welcoming recipient,raordinary sergeant major thomas patrick payne.ause] thank you, very much. joined byteful to be pat's really wonderful wife, alison. and allison, thank you very much for being here on this very momentous occasion. this is the big one, you know that. this is the big one. also with us is patrick and alison's six-year-old son, aaron. thank you for being here. he got a nice little award back there. a beautiful 10. you're going to save that -- a beautiful pen. you are going to save that pen. i wanted to know your dad is one of the bravest men in the world. i think you knew that before we knew it. congratulations. with us also is our first lady. thank you, darling. and vice president mike pence. mike, thank you very much. along with secretary of defense mark esper. mark, thank you. congressman richard hudson. richard, richard, thank you very much. ryantary of the army mccarthy. thanks, ryan. chairman of the joint chiefs of staff mark milley. mark, thank you very much. it's amazing the way all these big generals are showing up. this is so

. >> reporter: sergeant major thomas payne was part of an elite u.s.t to free dozens of hostages. >> if we did not shoot the target, then the hostage would probably be executed. >> reporter: they had already dug graves to bury them in? >> yes, sir. >> reporter: payne and the team choppered in, landing next to the isis prison, a compound with two low buildings. at wheels down, he says all hell broke loose. >> it's nighttime. we're in intense fire fight right off the bat. there is smoke and dust everywhere. >> reporter: and worse still, master sergeant josh wheeler is killed during the operation. >> master josh wheeler put the hostages' lives above our own. >> reporter: no time for grief, payne rushes in. the militants inside shooting and detonating their disease bags. >> the building started to collapse. we have hostages inside. >> reporter: payne and the other commandos push on and free the iraqi hostages, far more than they expected. >> you see their faces light up. some are crying. some are happy. it's mixed emotions. some of them realize they're bei

payne ran inside with a pair of bolt cutters to cut the locks.o how many times did you go back in that building? >> i think a total of four or five times, sir. >> reporter: four to five times. on fire, in danger of collapsing, enemy fire. >> it was our duty to bring those men home. >> reporter: more than 70 hostages who were about to die, instead freed from their cells and flown to freedom. >> they realized they were being liberated and that's when it hit me. i'm like, what did we just do? >> reporter: one thing sergeant major patrick payne did was bring honor on the 9/11 generation. david martin, cbs news, the pentagon. >> o'donnell: and another act of honor-- payne and his wife, allison, named their son after another american hero, master sergeant josh wheeler, a fellow soldier who died during that iraq mission. there is still much more news ahead on tonight's "cbs evening news." another potentially dangerous storm is threatening south florida. ng'll have the latest on the track. the high-rise rescue after a frightening construction accident. a

. >> reporter: sergeant major thomas payne was part of an elite u.s.special ops team sent to free hostages. >> if we didn't take this target they would have execute the men. >> reporter: payne and the team choppered in landing next to the isis prison, a compound with two low buildings. at wheels down he says all hell broke loose. >> it's at nighttime, we're in an intense fire fight right off the back smoke and dust everywhere. >> reporter: and worst still, master sergeant josh wheeler is killed during the operation. >> master sergeant put the hostages lives above our own. >> reporter: no time for grief payne rushes into the isis prison the militants inside shooting and detonating their suicide vests. >> so the building is starting to collapse. we have hostages inside. we're being engaged by combatants. >> reporter: they push on and free the iraqis hostages for more than they expected. >> you see their faces light up. some are crying, some are happy. a mix of emotions some of them realize they're being liberated. you can see payne checking to see if the

seeing thomas payne getting the medal of honor award. after the attacks on 9/11 occurred, he knew it was time to step up and wanted to sign up and she was denying that request to wait until his 18th birthday and was in an army ranger competition on espn at two years later, he won that competition. today, the medal of honor. today, friend of the show and the friend of the channel, chairman and ceo, the foundation that helps families of fallen first responders, welcome to our show today and good afternoon to you. you live this day to honor your youngest brother and you went a long way to make sure the names of the fallen were read today. why was that so important to make that happen? >> of people were listening and i know so many people were, certainly people viewing fox and listening to the families reading the names that tell the story of their loved one, it's so important you do it live on this day every year and it was just a remarkable thing. just listening to the medal of honor recipient, hearing that he ran into a building that was

payne of new jersey, pursuant to house resolution 965, i inform the house that mr. payne will vote yes on h.r. 4894. and, madam speaker, as the member designated by mr. hastings of florida, pursuant to house resolution 965, i inform the house that mr. hastings will vote yes on h.r. 894 as well. the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? mr. pallone: madam speaker, as the member designated by mrs. bonnie watson coleman, pursuant to house resolution 965, i inform the house that mrs. watson coleman will vote yes. and, madam speaker, as the member designated by mr. bill pascrell, pursuant to house resolution 965, i inform the use that mr. pascrell will ote yes. the speaker pro tempore: for what purpose does the gentlewoman from washington seek recognition? >> as the member designated by ms. sewell, pursuant to house resolution 965, i inform the house that ms. sewell will vote es on h.r. 4894. the speaker pro tempore: for what purpose does the gentleman from massachusetts seek recognition? mr. neal: good afternoon, mada

payne of new jersey, i inform the house mr. payne will vote aye. as the member designated by mr. hastings of flar, pursuant to h.res. 965, i inform the house mr. hastings will vote on s. 2193 as well. the speaker pro tempore: for what reason the gentleman from maryland seek recognition? mr. raskin: as the member designated by ms. jayapal pursuant to house resolution 65, ms. jayapal will vote yes. as the member designated by mr. pocan of wisconsin, pursuant to house resolution 965, i inform the house will vote yes. as the member designated by mr. garcia, pursuant to house resolution 965, nouse mr. garcia 2193 and ye on s. pursuant to house resolution 965, i inform the house mr. ijalva will vote yes on s. 2193. the speaker pro tempore: for what reason the gentleman from california seek recognition? >> as the member designated by ms. mrs. napolitano: i i inform the use that congress woman will 2193.es on on s. the speaker pro tempore: for what purpose does the gentlewoman from massachusetts seek recognition? >> madam speaker, as the member designated by ms. frankel pursuant to h.res

payne will vote yea on h.r. 5664. as the member designated by mr. hastings of florida, pursuant to house resolution 965, i inform the house that mr. hastings will vote yea on h.r. 5664. as the member designated by ms. mucarsel-powell of florida, pursuant to house resolution 965, i inform the house that ms. mucarsel-powell will also vote yea on h.r. 5664. the speaker pro tempore: for what purpose does the gentleman from massachusetts rise? mr. lynch: as the member designated by the honorable mr. james langevin of rhode island, pursuant to house resolution 965, i inform the house that mr. langevin will vote yes on h.r. 5664, leveraging information on foreign traffickers act as amended. thank you. the speaker pro tempore: for what purpose does the gentlelady from ohio rise? >> as the member designated by mr. richmond of louisiana, pursuant to house resolution 965, i inform the house that mr. richmond will vote yea on h.r. 5664. the speaker pro tempore: for what purpose does the gentleman from california rise? >> as the member designated by ms. chu of c

payne of new jersey, pursuant to h.res. 8965, i inform the house mr. payne will vote no on the motion to recommit. as the member designated by mr. hastings of florida, i inform the house, mr. -- pursuant to h.res. 965, i inform the house mr. hastings will vote no on the motion to recommit on h.r. 2574. the speaker pro tempore: for what purpose does the gentlewoman from virginia rise? >> as the member designated by ms. porter, pursuant to house resolution 965, ms. porter will vote no on the motion to recommit. as the member designated by mr. mceachin, pursuant to house res. luge 9 5, mr. mceach yip will vote no on the motion to recommit on h.r. 2574. the speaker pro tempore: for what purpose does gentleman rise? >> as the member designated by mr. khanna, pursuant to house esolution 965, mr. khanna will vote no on the motion to recommit on h.r. 2574. the speaker pro tempore: for what purpose does the gentleman from new york rise? mr. tonko: mr. speaker, as the member designated by representative lowey, pursuant to house resolution 965, i inform the house

shortly president trump will be awarding the medal of honor to army sergeant major thomas patrick payne as part of an elite unit in iraq. he stormed a burning building under enemy fire and used bolt cutters to free dozens of isis prisoners in a roof and left the building briefly and went back in to make sure no one was left behind and he is the first living delta force member to receive the medal of honor. we'll take you to that ceremony the second it begins. today also marks exactly six months since the world health organization declared the coronavirus a global pandemic. and yet experts fear it is far from over. a new forecast from the cdc predicts that another 20,000 people could die from the virus in just the next three weeks. and now dr. fauci is urging people to, quote, hunker down, saying the virus is going to worsen in the coming months while conceding things may not return to normal even with a vaccine until the end of next year. so when asked about president trump's claim that the u.s. had turned a corner on covid, dr. fauci had a different view. >> i'm sorry, but i have to di

"i'm sure host, charles payne.can change anyone's life for a better. i lived in a single room with my mom and two younger brothers. we climbed over winos and junkies to get to school and violence we saw never knew existed in america. as the oldest, i began to read

payne, pursuant to h.res. 65, mr. payne will vote yea on h.r. 6270. >> as the member designated by by congress member napolitano, pursuant to house resolution 965, i inform the house that ms. napolitano will vote yes on h.r. 6270. the speaker pro tempore: for what purpose does gentlelady from michigan seek recognition? >> as the member designated by mrs. beatty, pursuant to h.res. 965, i inform the house that mrs. joyce beatty will vote yes on h.r. 6270. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> mr. speaker, as the member designated by ms. roybal-allard, pursuant to house resolution 965, i inform the house that ms. roybal-allard will vote aye on h.r. 6270. the speaker pro tempore: for what purpose does the gentlewoman from california seek recognition? ms. matsui: mr. speaker, as the member designated by mr. desaulnier, pursuant to house resolution 965, i inform the will hat mr. desaulnier vote yes on h.r. 6270. the speaker pro tempore: for what purpose does the g

i'm charles payne, in for maria bartiromo.traight ahead on sunday morning futures, some good news for american workers on this labor day weekend. according to friday's jobs report, the unemployment rate dropped to 8.4% in august with the u.s. economy adding nearly 1.4 million new jobs, this as lawmakers return to capitol hill on tuesday for more coronavirus relief talks after failing to reach an agreement last month. one of the leading gop voices in the negotiations, senator john baroso is here with his expectations for a deal and if americans can expect a second stimulus check. also you ahead, maria's interview with trey gowdy. is john brennan doing damage control, against the backdrop of the 2020 election, now just 57 days away. coming up, maria's exclusive with peter navarro on president trump's second term agenda and why he believes the president's tough on china policies could win him a second term. we'll hear from gordon chang on the china challenge and why he is taking the pentagon's new report on beijing's military ver

payne ismajor receiving the metal for a raid in northern iraq that liberated 75 iraqi citizens. it should get underway shortly. live coverage, here on c-span [captions copyright national cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [indiscernible conversations] ♪ -- [orchestral music in background] ♪ [orchestral music in background] ♪ ♪

wheels down, payne says all hell broke loose.tle resistance the team raiding the other building needed backup >> basically a sprint to the other building, about 30 yards away, including some fire. it is hot, hard to breathe coughing up almost black soot. >> reporter: and worse still, master sergeant josh wheeler is killed during the operation. >> master sergeant josh wheeler put the hostages lives above our own. >> reporter: there was no time for grief. payne rushed into the prison militants inside were shooting and detonating suicide vests. >> it started to collapse, we were engaged inside. >> reporter: payne and the other commandos pushed on, freed the iraqi hostages. >> see their faces light up. some are crying, some are happy. it was mixed emotions. some realized they were being liberated. >> reporter: you can see payne checking if the building is all clear. >> how many hostages did you and the team manage to get out of the two buildings? >> the first building i believe was 37 and the other building was 38 hostages. the build

we have payne capital group, which i'm not affiliated. ryan payne.licia, just how critical is it for this market we get some stimulus, get he have before the election, sooner rather than later and by the way do you think it is going to happen? >> we do think we need some stimulus here. i'm not sure we need two trillion dollars but we do need some stimulus here and the reason is, as you pointed out the top line economic data have actually been coming in pretty good. the damage is happening in the labor market. that lower part of the labor market can, the lowest earners in the service sector have been affected here. we could have 10 million people permanently unemployed because of change in demand patterns over the next year. that is what we have to target in the real economy. it is true the data have been great. it's not showing up because the bottom 20% of earners only spend about 9% in the economy. so but you do have to take care of these people and that is why we think you need stimulus. charles: no doubt about that. there is no doubt about that. r

to charles payne. charles: neil, bought all my clothes from there my first three years on wall street. that is all i could afford. another american icon bites the bullet. thank you. good afternoon, i'm charles payne. this is "making money." breaking at this moment, the market is trying to get the balance. the stock market, we've seen violent moves, swayed side to side. it wants to find terra firma. so what is the message of these last five trading days and what does history tell us about these sharp free falls in the nasdaq? the answer might surprise you. peloton has been a big lockdown winner. we'll preview the stock ahead of its earnings after the close. should you take it for a spin? today's initial jobless claims, 884,000. the a stark reminder the economy need as bump. senate killing the republican skinny bill which i think was a waste of time anyway. where is the sense of urgency? i will ask senator marsha blackburn coming up. look at the inspiring story of a ufc fighter and his father. all that a

he, patrick payne, he rescue around 75 hostages from almost getting killed by isis. you talk about that? >> liz, we're having some audio issues there. what was the first part? elizabeth: okay. so what happened is army sergeant major thomas patrick payne got aa warded the medal of honor. >> yes. it was incredible to watch. i was at that ceremony, got to see his little son and his beautiful wife. and this army sergeant, what he did was remarkable. thomas payne, 75 hostages, he rescued. it was a burning building, and he went back multiple times. again, told to evacuate but didn't until every hostage was out, and his team managed to rescue those 75 hostages, culled 20 isis -- killed 20 isis enemies. it was beautiful to watch with his 6-year-old son. elizabeth: look at these first responders, a group of brooklyn fdny tour fighters, they chased out a guy i who sucker punched an elderly woman. the viewers are going to see this video. you know, my family's going to kill me. the irony is few brother-in-law knows them, my brother-in-law's a fireman. the firehouse these guys ra

troops back in iraq. >> the guns were on me. >> payne move towards the prison. >> the building was on room. we have hostages we need to liberate. when we open the prison doors, some were ecstatic, some were crying. they realize they are being liberated. >> army relief created a storyboard drawing of what happened that night. >> look at third base coach, play through the initial point. i got it in the wall and stuffed it in my pocket and see the train of hostages had stopped and i grabbed one of the hostages and moved to the breach point to get the train of hostages going. moved back to the building and one of the hostages had given up on life and so i grabbed him and by the back of the caller. brought him to the breach point. >> 70 hostages made it out alive. >> for me, i consider myself a guardian. i want to be a man that wears it well. and speak at the pentagon jennifer griffin, fox news. >> bret: the panel and the lightning round. middle east peace deal and the 9/19/11 anniversary. "winners and losers," we will see if we can get to it all later. ♪ [ sigh ] not gonna happen. that's

payne will also vote yea on the motion to table the resolution. the speaker pro tempore: for what purpose does the gentleman from pennsylvania seek recognition? >> as the member designated by mr. lawson of florida, pursuant to house resolution 965, i inform the house that mr. lawson will vote yes on the motion to recommit. the speaker pro tempore: for what purpose does the -- for what purpose does the gentlelady from new hampshire seek recognition? >> as the member designated by mr. kennedy, pursuant to house resolution 965, i inform the house that mr. kennedy will vote yes on the motion to table the resolution. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> as the member designated by ms. sheila jackson lee of texas, pursuant to house resolution 965, i inform the house that ms. jackson lee will vote yes on the motion to table the resolution. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? mr. takano: mr. speaker, as the member designated by ms. chu of cal

payne ran inside with a pair of bolt cutters to cut the locks.y times did you go back in that building? >> think a total of four or fiv. >> reporter: four or five times. on fire. in danger of collapsing, enemy fire. >> it was our duty to bring those men home. >> reporter: more than 70 hostages about to die instead freed from their cells and flown to freedom. >> they realized they were being liberated and that's when it hit me. i'm like what did we just do. >> reporter: one thing he did was bring honor on the 9/11 generation. david martinez, cbs news, the pentagon. >> in an additional gesture of on hor, they named theiron after another hero,hero, master sergeant josh whee a fellow soldier who died in that rescue mission in afghanistan. that's the overnight news for this monday. for some of you the news continues. for others, check back later for cbs news this morning. follow us on line at cbsnews.com and join us for our weekly podcast, the takeout. reporting from the nation's capital, i'm major garrett. >>> it's monday, september 14th, 2020. this

. >> reporter: there's no hiding cat payne's reality.ngs are very different from her daughter and son. >> we always go over our finances and stuff in the morning. we're going into our fourth month of not paying our mortgage. >> reporter: payne, a veteran housekeeper at the marriott downtown philadelphia has been furloughed since march. >> we are extending your layoff -- >> reporter: she's out of work not one but two jobs, part-time job as a bartender is on hold as a single parent, unemployment is not enough to cover her bills. she's nearly drained her retirement account. >> this isn't just a death sentence economically. this is a death sentence physically because if one of us gets the coronavirus, either one of us can die, and as the praed w bread winner, i'm nervous. >> reporter: hotel occupancy is nearly 50% nationwide. in philadelphia only 27%. last april, philadelphia county had 77,000 hospitality jobs. more than half were lost during the pandemic, and recovery is slow. >> it's a bleak scenario. >> reporter: michael rob serts a gener

that brings us to charles payne. charles payne, had the cp effect day after i suggested it. but you came roaring back with it. charles: sometimes it is delayed, david. sometimes it is delayed. david: understood. charles: thanks a lot. good afternoon, i'm charles payne, this is indeed "making money." yes the market is back in rally mode. the question is was that three-day air pocket the pause that refreshes or should investors remain cautious. and buff is buying technology. what the "oracle of omaha" is doing to the cloud area that could add even more credibility to those stocks. meanwhile americans are spending again in the most likely stock winners have been brick-and-mortar names on the endangered species list. how can you invest in that comeback as well? plus the need for law and order seems to help president trump. the new numbers that have him in a dead-heat with joe biden. just how much keeping schools closed will hurt the economy? we have the data behind the 15 trillion-dollar answers. all that and so much more on "making money". ♪. charles: dave asman told you stocks

emily: charles payne, always the best. thank you so much.less? brian: i can't believe -- i can't wait to check your account later. steve: thanks, charles. ♪ emily: coming up in our final hour, katie pavlich, brad blakeman and former governor mike huckabee. stay with us ♪ ♪ unlike other sleep aids, our extended release melatonin helps you sleep longer. and longer. zzzquil pure zzzs all night. fall asleep. stay asleep. teeth sensitivity as well as gum issues. does it worry me? absolutely. sensodyne sensitivity & gum gives us the dual action effect that really takes care of both our teeth sensitivity as well as our gum issues. there's no question it's something that i would recommend. understanding how to talk to your doctor about treatment options is key. today, we are redefining how we do things. we find new ways of speaking, so you're never out of touch. it's seeing someone's face that comforts us, no matter where. when those around us know us, they can show us just how much they care. the first steps of checking in, the smallest moments can

charles payne right now. hey, charles. charles: neil, what got me through high school and college was d. all of the above. neil: you can never go wrong. charles: good afternoon, everyone, i'm charles payne. this is "making money." you know what, it is finally happening. the challenges with the rotation efforts you can see loud and clear. tech titans, they are beginning to falter. we saw some fall yesterday and beginning today. they're taking the broader market with them. it was clear a bunch of hot tech stocks got hit yesterday, after the close posting strong numbers this would be a difficult session. the worst-performing sectors of 2020, they're showing life. will rotation stick this time and where should you consider putting your money? plus yesterday we brought you our "america invests together" virtual town hall. we'll continue to answer your questions. as violence erupts across america joe biden tries to separate himself from the rye oats as he visits the ratest hot spot kenosha, wisconsin. his message of law and orde

payne will vote nay on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from new jersey seek the gentle from new jersey seek reckniss? mr. pallone: as the member designated by ms. bonnie watson oleman the speaker pro tempore: for what purpose does the gentleman from connecticut seek connecticut s recognition? mr. courtney: as the member designated by ms. hayes, pursuant to the speaker pro tempore: for what purpose does the gentlewoman from massachusetts seek recognition? ms. clark: as the member designated by ms. meng pursuant to h.res. 965, i inform the house that ms. meng will vote no on the motion to recommit. as as the member designated by ms. pingree, pursuant to h.res. 965, ms. pingree will vote know. as the member designated by ms. frankel, pursuant to h.res. 965, i inform the house that ms. frankel will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the speaker pro tempore: for what purpose does the gentlewoman from michigan seek recognition? the speake

good afternoon, everyone, i'm charles payne this is "making money". all major indices are higher, with megamergers, greater hope for a covid-19 vaccine. is the selling over? don't look now we have a wave of hot tech ipos coming to the market. we'll see which could be best for your portfolio. oracle beating out microsoft for a u.s. tech partner for tiktok. is that enough to keep our information out of the hankeds of come night chinese? we have monica crowley coming up the deadly fires, how much of the carnage could have been avoided we'll have liz peek on that. and so much more on "making money." charles: so far the markets have begun the week on a very solid footing after seven sessions of wild gyrations. the result though on friday's session might have been the basis for today's rebound. you have a couple wall street firms think the selling is over but for two different reasons. goldman thinks the selloff hit a normal 7% pullback. deutsche bank says the put/call ratio about options have come back to a normal position. either way the stocks are coming

i'm charles payne, this is "making money." president trump is in kenosha, wisconsin, the latest hot spot over the reckoning of racial injustice. the area erupting in violence over the shooting of jacob blake. president trump shooting the damage from the recent riots. he is set to hold a roundtable with local law enforcement later in the hour. a new crop of hot stocks join existing juggernauts to lead the way. wall street coming around to the notion after trump victory. hear from the analyst who made the call a month ago and why he says it matters. all that and so much more on "making money". ♪. charles: it is another late summer session for the stock market. to the untrained eye looks a little indifferent, right? perhaps an owed to the final lazy idyllic days of summer, you know what? by the way, before we have hectic fall but there is something going on. there are a lot of narratives. in fact history is being written and rewritten every day in these markets. the resolve in the face of the coronavirus. uncertainty, resistance

payne of new jersey, pursuant to house resolution 965, i inform the house that mr. payne will vote yea on the previous question. mr. speaker, as the member designated by mr. hastings of florida, pursuant to house resolution 965, i inform the house that mr. hastings will vote yea on the previous question as well. the speaker pro tempore: for what purpose does the gentlewoman from illinois seek recognition? >> as the member designated by mr. danny davis, pursuant to house resolution 965, i inform the house that mr. davis will vote yes on the previous question. as the member designated by mr. rush, pursuant to house resolution 965, i inform the house that mr. rush will vote yes on the previous question. the speaker pro tempore: for what purpose does the gentlewoman from virginia seek recognition? >> as the member designated by ms. porter, pursuant to house resolution 965, i inform the house that ms. porter will vote yes on the previous question. the speaker pro tempore: for what purpose does the gentlewoman from connecticut seek recognition? >> as the member designated

we are joined by ryan payne, the president of payne capital management great to have you back on.y higher. that's a good sign do you believe the selling is over >> i'm sure we could get more selling here look, we had a magnificent move off the bottom we were grossly overdue for some sort of correction you start looking at tech stocks and it got so, so frothy you talk tesla, their stocks are up but sales up over 3% tech just got to a point where valuation was getting i'd almost say silly. i think it is healthy to see a final correction here. those tech names that seemed like they couldn't go down at all. at some point, the street will care about earnings. it will care about valuation >> we talked about this gamma squeeze idea i'll give a new one, reverse conversion it is a complicated thing. a trader i spoke to says tesla is not only important to the market, it is the market because everybody has some kind of exposure to it stock up nearly 1,000 in a year. sales up 3%. is tesla a good or bad thing for the equity market? >> i think it is a good thing in the sense that you get all th

. >> his helicopter went down -- >> thomas patrick payne is the first living member of delta force tohe medal of honor, the nation's highest fowler award. >> there is a man down. >> the islamic state after president obama ordered us troops back into iraq. >> reporter: pain moved toward the prison. >> engaged by any capacity. they are being liberated. >> sergeant major payne created a story that night. >> an initial brief point. the train of hostages has stopped, moving through the breach point going back into the building and giving up on life, grabbed him by the collar. >> 70 hostages made it out alive. >> for me, where it is. >> jennifer griffin, fox news. >> reporter: an amazing story. will the authors new woken this drive a wedge between hollywood and the rest of america? actor dean cain joins us to discuss next. so when they got a little surprise... two!? ...they didn't panic. they got a bigger car for their soon-to-be-bigger family. after shopping around for insurance, they called usaa - who helped find the right coverage for them and even some much-needed savings. that was the

among them was sergeant major thomas patrick payne. the medal of honor from president trump for his role in freeing several captives being held by isis. david martin reports. >> reporter: sergeant major patrick payne was a senior in high school on 9/11. did you enlist because of 9/11? >> yeah. it was a call to service because of that day. >> reporter: today he received the nation's highest honor for his actions in a daring hostage rescue mission in iraq in 2015. >> as we were flying, the target, the pilot passed that one-minute callback. that's when all joking stops. that's when you make that transition from soldier to warrior. >> reporter: the elite delta force stormed a compounds where isis was preparing to execute their prisoner. you can hear the fire-fight goig on outside as they heard the prisoners out of their -- they herd the prisoners out of their cells. more were in a second building which was on fire and in danger of collapse. payne ran inside with a pair of bolt cutters to cut the locks. how many times did you go back in tha

payne will vote ea on h.r. 833 . as the member designated by mr. hastings of florida, pursuant to house resolution 965, i inform the house that mr. hastings will also vote yea on h.res. 8337. and madam speaker, as the member designated by ms. mucarsel-powell of florida, pursuant to house resolution 965, i inform the house that ms. mucarsel-powell will also vote yea on h.res. 8337. the speaker pro tempore: for what purpose does the gentlelady rom ohio rise? ms. fudge: as the member designated by mr. richmond of louisiana, pursuant to house resolution 965, i inform the house that mr. richmond will vote yes on h.r. 8337. the speaker pro tempore: for what purpose does the gentleman from tennessee rise? mr. cooper: madam speaker, as the member designated by mr. lipinski, pursuant to house resolution 965, i inform the house that mr. lipinski will vote yes on h.r. 8337. the speaker pro tempore: for what purpose does the gentleman from new york rise? mr. jeffries: as the member designated by zoe lofgren, pursuant to house resolution 965, i inform the house

again, think about the meaning of what payne is arguing here. right. some kind of radical transformation took place in the way that the americans saw the world, the way that they thought about the most important, the most fundamental concepts of justice. and that takes us now to the topic of today's lecture. which is the philosophy of the declaration of independence. all right. and so thus far in this course, over the course of these last six weeks, we've been mostly looking at the political and constitutional principles and institutions that were developed by american revolutionaries. but all of this comes to a head in 1776. as we talked about last class, right, the last link between the colony and the mother country was through their relationship, the colonists' relationship with the person of the king. but in january of 1776, the publication of tom payne's common sense, that relationship is forever severed. so there is now intellectually, there is no lingering remnant allegiance or loyalty between the colony and the mother country. once they've seve

political books like real life but also very personal family stories like douglas stewart stuckey payne and bert sugar. so you can really see that the jury here is trying to say we're not just looking to the past and what used to be gray. the literature in the last decades but maybe with these nominees were having a signpost to what could be like in the future hang in with me for a moment because there's another big headline in the world of publishing i want to talk to you about the controversy over j.k. rowling rowling of course best known for the harry potter books but the outrage currently circulating online is about her new detective novel troubled blood what can you tell us about this 1st you have to have a little backstory here j.k. rowling has become a bit notorious online with certain communities particularly trans rights communities because of statements she's made essentially. saying that trans women are not real women that's been very very controversial in this new book of hers there's a character who is a man he's a serial killer and occasionally he dresses up as a woman to

payne will also vote yea on the haaland amendment. the speaker pro tempore: for what purpose does the gentlewoman from pennsylvania seek recognition? >> as the member designated by ms. speier, pursuant to house resolution 965, i inform the house that, ms. speier will -- that ms. speier will vote aye on the haaland amendment. the speaker pro tempore: for what purpose does the gentlewoman from illinois seek recognition? ms. underwood: as the member designated by mr. rush, pursuant to house resolution 965, i inform the house that mr. rush will vote yes on the haaland amendment. the speaker pro tempore: for what purpose does the gentleman from pennsylvania seek recognition? mr. evans: mr. speaker, as the member designated by mr. lawson of florida, pursuant to house resolution 965, i inform the house that mr. lawson will vote yes. the speaker pro tempore: for what purpose does the gentleman from new york seek recognition? mr. jeffries: as the member designated by chairwoman zoe lofgren, pursuant to house resolution 965, i inform the house

i'm charles payne. this is "making money". better, healthy correction, overdue pullbacks just a bump in the road. by the way all of these have some measure of truth but there's also a lot of concern and unanswered questions. we will delve into them and offer answers throughout the hour. also supreme court justice ruth bader ginsburg making history as the first woman to lie in state at the u.s. capitol today and tomorrow president trump will announce his pick to fill her vacant seat

joining me ed and joining the conversation all morning is payne capital management president ryan payne and pollster and president of maslansky + partners, lee carter. great to see everybody this morning. ed, let's quick it off with you. what do you think drive markets in the fourth quarter? >> we have been in a classic correction. the market had a melt-up as a result of all the easy money provided by the fed and on top of that we had a very big stimulus package. unprecedented really, to have that kind of combination, some people call it modern monetary theory. whatever you call it, it's a lot of money. a trillion here and a trillion here. we had a melt-up right up to september 2nd and i think investors realize that the market was ahead of the fundamentals and that there was some concerns up ahead here like, you know, are we going to have worse virus during the fall and is the economy going to stall. we need answers for known unknowns and we will get them very shortly. we had a bit of a direction here. at end of the day if you get money out of the market, it's compelling to take advanta

>> thank you, congressman payne. first, i full agree with you that safety is our number one priority and safety informs everything that we do regardless of a level of funding, a level of funding affects the level of operations but never the level of safety. if we are not able to achieve supplemental funding as i've implied to the previous congressman in his question, that makes substantial service reductions across the company and also means we would have to adjust the workforce that we have. in addition, we're also having to reduce our number of capital expenditure, whether that is [ inaudible ] and some of the other longer term capital projects such as our bridges and tunnels. -- and our capital program for reductions in employee and a reduction in [ inaudible ]. very difficult choices that we have to make. >> okay. well, thank you and my time is up and i yield back mr. chairman. >> thank you, mr. payne. i want to remind everyone to make sure you mute when you are not speaking and hopefully mr. flynn, also the conn

charles payne, what do you tell folks?ere a lot of people have been sort of waiting for this day, waiting for this day, waiting for this day, the market has gone parabolic, which is another way of saying straight up. particularly, obviously, the it can names and some of the other areas that aren't necessarily as well known, cloud-associated stocks, semiconductors, software names. and then when it comes, it's like, golly, it did happen. [laughter] it's -- i gotta tell you, on one hand, for me, as someone who's active in the market, you know, there's been a lot of names i've wished i was in, i got in, maybe i got out too soon, and now i'm looking at them, i feel like a genius. a couple i'm stuck in. you know, yesterday we had my subscribers get out of a stock, it's down 30% today, right? so i feel smart, but identify got mdb, which had an amazing earnings report, it was also down 20%. yesterday was a tough session, that was a yellow flag. we saw rotation out of these tech names into the blue chip names, but that news from th

payne of new jersey, pursuant to house i inform the , house that mr. payne will vote no on the commit xhit -- motion h.r. 2694. on as the member designated by mr. hastings of florida, pursuant to i inform lution 965, the house that mr. hastings will also vote no on the motion to recommit on h.r. 2694. the speaker pro tempore: for what purpose does the gentleman from kansas -- the gentlewoman recognition?eek ms. davids: as the member designated by mr. clay, pursuant to house resolution 965, i clay the house that mr. will vote nay on the motion to recommit on h.r. 2694. the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? as thelone: mr. speaker, member designated by mrs. bonnie watson coleman, pursuant to house resolution 965, i inform ms. ouse that mrs. watson coleman: -- that will vote nooleman on the motion to recommit. mr. speaker, as the member mr. albio sires, pursuant to house resolution that mr.form the house albio sires will vote no on the motion to recommit. the speaker pro tempore: for what purpose do

we have a big lineup of guests for you, starting with charles payne.en moore is coming up. i will ask him what it will take for congress to strike a new stimulus bill. plus larry elder on all the chaos coming out of california. the third hour of "varney & company" right after this. looks like they picked the wrong getaway driver. they're going to be paying for this for a long time. they will, but with accident forgiveness allstate won't raise your rates just because of an accident, even if it's your fault. cut! sonny. was that good? line! the desert never lies. isn't that what i said? no you were talking about allstate and insurance. i just... when i... let's try again. everybody back to one. accident forgiveness from allstate. click or call for a quote today. one welcome back everybody it is coming up to 11:00 a.m. on the east coast i am ashley webster and for stuart varney. let's take a look at the markets, not starting off the new week with a bang, we are literally picking up where we left off last thursday and friday, as you can see the dow off 500