another varney viewer choice.nders of green peace if fracking was a good idea? roll tape. i suspect that the need for fracking, get out there and produce natural gas, is even more important now bearing in mind the russia ukraine crisis. am i right? >> absolutely. natural gas is the cleanest of all the fossil fuels. it has the current emissions which as you know i am not that worried about but from an air pollution point of view is it is so much cleaner than coal and cleaner than gasoline and moving to using more natural gas in transportation is an important thing too. stuart: they using we should be exporting natural gas we produced in the united states? if we could do that and exports to western europe they would be less reliant on russia. should we do it? >> of course. i am canadian and we are planning to export natural gas to asia as well. it is a global world. i don't see anything wrong with the united states exporting energy to other parts of the world that desperately need it and i am sure that is what is go

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i'm stewauart varney. one house committee voting to refer lois lerner to the justice department for possible criminal prosecution. another voting to hold her in contempt. new evidence emerged suggesting lerner used her position to single out groups for scrutiny and pushed to deny tax exempt status for one of those groups, crossroads gps. for more i'm joined by "wall street journal"ist and columnist, assistant editorial page editor and washington columnist. kim, to you first, if i may. you have a case study of what exactly lois lerner did. >> yes. that's what happened this week really mattered, especially out of the ways and means committee. we finally have an idea of the message lois lerner used to go after these groups. we know in the case of crossroads she focused in on them. she exerted pressure on a group to audit them. it appears she exerted pressure on another unit to deny them tax exempt status. it would seem she also inserted herself, which is a big no no in the appeals froze try to quings the grou

it is time for "varney & company." thank you for being with us on "opening bell." "varney & company" starts now. stuart: thank you very much, indeed. big iphone sales. is the stock split. why don't you tax the rich some more. grover norquist says do not even think about it. the pipeline delay was a stupid move. e cigarettes. they will be regulated. remember diamond dallas page. the wrestler. he is big he is making big money. this is "varney & company" and we are about to begin. ♪ stuart: apple sold 44 million iphones in three weeks. look at that. those very strong numbers. a big beat, as they say. caterpillar did better than expected. look at the big board. we are down a little at the moment. industrial company. is that good enough? charles: an enormous campaign to crush the market. a lot of pros. if i am a hedge fund manager, why would i follow the overall consensus. stuart: he is talking everything down. charles: they are all talking at down. down 17,000. i think people should look at the right numbers and tune out the rhetoric. stuart: i want to get to facebook.

live "varney and company".s that what you wish for? stuart: big-name you know jeff: s. used car retailer, it is down. not much. 2.8%. they say it is the weather to blame. unimpressive numbers on the jobs front this morning despite huge expectations, less than 200,000 new jobs created. this is the number we should be looking at. look at this, 12.7% is the real -- go back to 12.7%. that is the real unemployment number. includes part-timers, the underemployee and edged up to 12.7%. chief of staff under george w. bush with us now. why is the 12.7% no. important? >> the most important thing when you break it down you are taking a look at long-term unemployed, those who are the 7.2 who are working in jobs part-time but whose aspirations and desires are full time work. what you are hitting on the new normal is a class of americans that developed under this administration that are seeking work but cannot find it in full time capacity. stuart: i use a in the number of long-term unemployed people is now 1 million higher

"varney & co." is always looking for that kind of investment.logy so closely. i don't always understand it, but i can see the changes that technology brings, and i am going to run with it, justin. you, my friend are a master of diversification. who would have thought three cheese lasagna would goith chocolate cake and ceviche? the same guy who thought that small caps and bond funds would go with a merging markets. it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue? diversifying your portfolio? e*trade gives you the tools and resources to get it right. are you type e*? but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give me a heart attack. innovations that work for you. that's health in numbers. unitedhealthcare. a short w

i'm stuart varney. you can catch me weekdays on varney & company 11:00 a.m. eastern sharp on fox business network. paul is back next week. hope you can join us then. ♪ >>> a fox news alert. i'm arthel neville. we're getting reports of multiple shootings at a community center in overland park in kansas city. opening fire in kansas city. this is happening, keep in mind, before the shooter is then going on to an assisted living center which is nearby. this report is coming one day before pass over, which begins tomorrow at sundown. joining me now from the phone, former d.c. homicide detectives rod wheeler is here. rod, when you first hear this, you've got multiple shootings at two separate jewish communities. what comes to mind. >> first, i can tell you law enforcement right now as i speak are trying to put the situation in a control situation meaning they want to be able to identify everyone who may be involved in the shootings. from what i understand, and i've been following this closely, because as you know, arthel, this is a fluid situation actually going on

it is time for "varney and company". stuart: we have the story on steve jobs, eric schmidt, nasty e-mails and lawyers who will win big. amazon, big loser. and bad news for realtors and just about everybody else connected to housing. the number and value of mortgages is tumbling. the world that market weighed down. is this what russia is doing? please look at this spectacular video otherwise known as free advertising and guess what? this is not from go pro. big shows this friday. "varney and company" is about to begin. ♪ new developments in and around ukraine. the market does not like it. russian troops lining up at the border, vladimir putin says there will be consequences if ukrainians go after perot russian forces inside the country. john kerry says if russia ignores the agreement to be escalate the crisis it would, i am quoting now, not just be a grave mistake but inexpensive mistake. he is threatening more sanctions. what is the financial response? the russian stock market is in free-fall, standard and poor's cuts ru

spring is here, and "varney & company" is about to begin. ♪ ♪ stuart: start with gas prices.k at that, keep on climbingment national average for regular a little higher overnight, $3.66 is your current national average. but wait, look at california. highest in the nation by a long way, $4.21. underlying gas prices, the price of oil to. where's that this monday morning? $104.51 a barrel. it's up there. sandra smith is with me. gas has been up, i think, almost if not every single day for a month. >> yes. stuart: now, i've got two questions. why is that? and number two with, $4 gas on the horizon for this summer? what do you say? >> let me give you the easy answer, it's geopolitical tensions in ukraine, okay? it's the federal reserve pumping money in the system, devaluing the u.s. dollar, driving up those commodity prices. the more difficult answer as i look into this gas price rise is consumption versus actual supply. we are using more gasoline today than we were several years ago. stuart: yeah. i hear it's up 3.8% in the past year, demand, consumption. >> and last a year we sa

"varney and company" is about to begin. we begin as always with your money. all this talk of bubbles and corrections. look at the big board. the dow hit an all-time intraday high earlier. it was above 16,600, snapped a little down 12. the s&p 500, that hit a new high, $18.93 earlier, slipped a little, $18.89 right now. but you have got to say stocks are doing well. there is a lot of naysayers out there pouring cold water on this rally. some are warming of a crash like 1987. look at this chart working its way around internet getting a lot of views and usa today, it is in there this morning comparing the current rally with 1987 right before the crash. charles payne and sandra smith are here, our voices of reason. what do you say? sandra: be careful about making any decisions based solely on looking at this chart. i say that because what is happening in the markets now is different from what was happening in 1987 in the years that led up to the crash. we have an unprecedented level of involvement from the federal reserve, arguably prop it up stock prices where t

"varney & company" is about to begin. stuart: this video from ukraine, members of parliament, look at that. after one common islamic voices support for pro-russian protesters. total chaos. we have got it. and warning of a civil war if ukraine uses force to subdue the same protesters in the eastern part of the country. any reaction on the market? maybe some flight to safety in gold. now look at stocks, the dow industrial pretty much flat. sandra, do you think the latest events in ukraine, heightening of the tension, have they got any fallout over here at all on wall street? >> yes, you're looking at it. stocks going nowhere. this is a market we know they want to buy this market, but if you look at the price of gold above 1300, up $10 on the session. you get these geopolitical tensions. you have risk coming off the table, so they look toward gold because they see this as an insurance against something horrible happening, the stock market imploding because a civil war could break out. stuart: let's stay on the market for a s

the big picture when the monthly number comes out, surety varney joins me -- stuart varney joins me noweporter: everybody was hoping for a retbhownd the jobless -- hoping for a rebound in the jobless numbers. the focus is shifting to the underlying employment situation and the numbers are grim. fewer people are working today than were working in 2007. 58% of all the new jobs we are creating pay less than $14 an hour and middle class buying power has shrunk by 6% since the year 2008. instead of focusing on today's number the focus is shifting to the longer term employment trend and that's grim. the absence of jobs is beginning to change the way america talks about itself. a recent pew study found far fewer people identify themselves as middle class, fewer people think of themselves as lower class. people are starting to talk in terms of social class just like europe and that's an extraordinarily change. martha: it goes to this new issue of the new normal and how accepting people are of a lower class, lowered expectations. >> reporter: where i come from originally social class was everyth

i think stuart varney is a class act at your joint, don't you agree?lian you do know that stuart's accent is fake. he is actually from brooklyn. you do know that right? you didn't? well. tammy and ed in syracuse, new york. we know if maria can be the money honey, why didn't you patent sultan of stocks? the name was taken, guys. the only other option was sultan of stocky so i passed. richard via facebook. i salute you, eddie hundred stir. have i heard that one before? friend of the show, jared levy, your hair still looking great, neil. jared from you, that is a grandest of compliments. patty tweets, neil, you look better now than when you were younger. taylor tweets, i called my cable operator to demand fox business. they said i already have it. i said, so what? i want more cavuto. that will confuse them. al tweets, look up class and you will see neil cavuto's picture. some people remove the cl part of that and see my picture. only neil can harness the power of wisdom. last best hope for common sense. dare i say a superhero. you go, boy. go ahead and da

time for "varney and company" with a market up 30 points. stuart: we will take it, thank you very much. obamacare really is a disaster. the irs, yes, there is a smoking gun. obamacare three new items paint a grim picture. the biggest premium increase in years, we expect quality of care, you are locked out of the health-insurance market the rest of the year. to divert attention from all of that. in 2011 the irs's los lerner runs this. tea party matter, very dangerous. the president's political opponent. investors relax, it is bounce back day so far. and please, that is a cloned dog, $100,000 a copy. would you pay? peter: -- "varney and company" is about to begin. ♪ >> i have not done anything wrong. i have not broken any laws. i have not violated any irs rules or regulations and i have not provided false information to this or any other congressional committee. stuart: she says she didn't do anything wrong so why did lois lerner write this in an e-mail to the division of tax-exempt status in 2011? direct quote, the tea party matter, very dang

senator varney? stuart: you just use the 40 seconds. i was in favor of the bailout of the banks and wall street in september of 2008 because i thought that was the right thing to do at that time. i do not agree with the extension of bailout to general motors to the housing industry and heaven knows who else and don't believe in the printing of money. judge napolitano: you are in favor of the moment but on favor of them. stuart: basically yes. judge napolitano: did i get him on that? stuart: you are also big on principal. why don't you just be practical for a while? judge napolitano: print when we need the don't print when we don't need, don't bail when we don't need. margaret thatcher wouldn't go for us. stuart: i don't know about that. i have been told to wrap it up. ready to gavel down. after the break l.a. clippers owner donald sterling's racist comments. fallout continues. sponsors dropping out, players wanting kicked out of the nba. we talked to a former nba player, jonathan bender who is next. the interview you have all been waiti

. >> we will see how the stocks react and stuart varney is coming in to. and new emails on the benghazi event. charles crad hammer says this is evidence of the cover-up. >> we have the smoking document, which is the white house saying we are pushing the video because we don't want to blame it on the failure of our policies, which is what anybody who looked at this assumed all the way through. >> this is ben rodes in an e-mail on that saturday before the talk show round-robin. underscore these protest are rooted in an internet video and not a failure broader of policy to reinforce the president's strength and steadiness in dealing with challenges. >> if we knew then what we know no there is a chance this president might not be president because this went to the central argument that democrats were making. general motors is alive, the american economy is economic back and al qaeda is headed to the exit. they worked hard to suppress to damage the reality for the administration which was al qaeda and militant islamism was on it's way back and this was going to

"varney and company" is about to begin. two big-name tech stocks where we start, ebay gave a disappointing forecast but there's more to it than that. they are giving the government $3 billion in tax. they are going to bring money back from overseas and to do that they are paying a very high tax rate on $3 billion. what is going on? why are they doing that? we will answer those questions. the stock is down 5%. twitter not growing as much as investors would like. it has a fraction of the user's facebook does. it is not growing. is twitter just an event driven niche platform? we will ask about the stock of the day on the downside, 10% lower. check the big board. modest gain this morning, 16557. i am trying to do the math in my head, we are 18 or 20 points away from the all-time closing high. i don't think it has anything to do with the run gdp number. we will delve more into the market later on. here it is. do you call this growth? the economy grew at an anemic 0.one% rate in the first three months of this year. some of it can

stuart varney, host of "varney & company" on the fox business network. stuart, good morning to you on this easter monday. it smells that time of year. what is going on? >> it smells like $4 gasoline as a national afterrage is a distinct possibility this summer. you pointed out a surge in gasoline prices. the price of gas regular has gone up almost over single day for the last month and we don't see that very often. we reached 3.67 as the national average now, only 33 cents a way from the $4 level. at $4, that's where economists say we pick up our attention. it really starts to hurt. it is within reach for this summer, bill. bill: think about consumers. think about trucking prices all over the country. what's the drag on the economy when this happens, stuart? >> you think about what's happening right now. a surge in gasoline prices. we all see it, we all feel it. a surge in food prices going on at exactly the same time. we see i will, we feel it. and a surge in the cost of health care. we see it, we feel it. the stuff we spend our money on, we know is get

reaction with us, fox business an varney and ox treasury department official under presidents clinton and obama. where am i going wrong here, ms. ox? >> you have to recognize for people who are employed. they are working hard, their wages have still stagnated. they are on the hamster wheel. they are not getting anywhere. >> not for everybody. not here at the factor. >> employees here are pretty special. >> no. it's because we are making money here, we are doing well here. that's why their salaries are given raises. we want to keep them. if they go to cnn they might improve. it's a competitive situation here. >> here is the disconnect. corporate profits are improving. highest ever of the economy. wages are at the lowest level ever of the economy. not that corporations around the country are suffering. it's that the share that is going to workers versus going to shareholders. >> so the solution to that ms. ochs is for the worker to go some place else. >> i worked for a company called below broadcasting. pretty big company. they paid me way under what i was worth when my own hummable opi

"varney and company" is about to begin. some people call it momentum stocks. they were down big last week. all of them big name tech stocks we follow closely. amazon, netflix, a tesla, price line, facebook, most of them are down a b more except for netflix. i think -- sandra: i am watching them too. stuart: this i think is a crucial day. of the selling continues there's a lot further to fall but if some buyers come in they can stop the rot. you know investing. what do you say? sandra: in defense of the investor they shouldn't be getting in and out of stocks on a daily basis. if they own these stocks it is for a long-term buy and hold it you are a true investor. we are not talking about trading here. when you look at face book which you mentioned is in bear market territory meaning it sold off 20% from recent highs keep in mind if you are asking the questions should i buy it since it is so beaten down, it is double in value over it the past year. it is still expensive. it is still a pricey stock. stuart: this is david asman. dave: for the past three four months

"varney and company" is about to begin. auto executives flew to washington in private jets as they were asking for a taxpayer funded bailout. a very contentious hearing. they were embarrassed. today it is gm's c 0 in the hot seat. all right, rich, mary barra is a soft spoken woman. do you think that's going to deflect some of the hostility that may be directed towards her? >> reporter: i think the situation will deflect the hostility that we saw. you pointed out the optics that surrounded it and the questions whether or not they were tone deaf coming here, hat in hand in 2008, asking for bailouts having stepped off their corporate jets whereas marry barra has optically done the right thing. she's met with the families, she's going to apologize today according to her prepared remarks. she wasn't technically ceo at the time, however, there is a level of frustration among lawmakers how much they direct specifically barra. she's the one representing the company, and they're going to want to get their outrage out, but probably n

hours, 11:01, "varney and company."minutes before the bottom of the hour. next on our rundown, have you seen this video? have you seen this hot air balloon smashes into wire. >>> they took their kids for a sail around the world. one problem, the navy was forced to rescue them. one of the kids got sick. were the parents irresponsible for going on the trip in this first place with young children? >>> first, happy birthday to russell crowe. he's 50. 50 is old. >> a great flood is coming. we build a vessel to survive the storm. we build an arc. >> mother -- co: sometimes you don't know you need a hotel room until you're sure you do. bartender: thanks, captain obvious. co: which is why i put the hotels.com mobile app on my mobile phone. anyone need a coupon? i don't. at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. >>> have

. >>> welcome to "the journal editorial report" i'm stuart varney in for paul gigot. the congressional investigation into irs targeting gained steam this week with one house committee voting to refer former treasury official, lois learner, to the justice department for possible criminal prosecution. another voting to hold her in contempt. new evidence emerged, suggesting lerner used her position to single out conservative groups for scrutiny and personally pushed to deny tax exempt status to at least one of those groups, crossroads gps. for more, i'm joined by "wall street journal" columnist dan hen inger. assistant editorer, james freeman and kim strassel. kim, to you first, if i may. you have, i think, a case study of what exactly lois lerner did. >> yeah, that's why what happened this week really mattered, especially out of the ways and means committee, stewart. we finally have an idea of the methods that lois lerner used to go after some of these groups. we know in the case of crossroads, she focused in on them. she exerted pressure on a group to audit them. it ap

stewart varney is the host of varney and company. good morning to you. >> good morning. >> how does this work? >> the tech companies apparently had an agreement. we won't poach valuable staff members to each other. we won't offer them more money to leave that company and join ours. obviously that would depress wages and prevent promotions. so 60,000 workers sued. well, the tech companies just said, okay, you got us. we're going to pay. we're caving. we will pay you. why did they cave so quickly? it turns out it's all about e-mails, specifically e-mails between the late steve jobs at apple and eric schmidt at google. it turns out google had fired a recruiter who tried to poach an apple staff member away. he was fired. and when that firing came through, steve jobs sent an e-mail with a big smiley face. that's the kind of evidence you don't want to put in front of a jury. that's the kind of evidence that makes you look very bad, so they caved. they settled. and they just settled as of this morning. >> it's really surprising. i mean, eve

"varney and company" -- we are about to begin. ♪ >> effectively elections.ven pending with out -- if you will allow me to ask a question. i am a member of a conference and i went out of it. stuart: we are learning about that exchange was elijah cummings and darrell issa. darrell issa is accusing cummings of colluding with the irs to target the conservative group true the vote. darrell issa says a member of cummings's staff repeatedly contacted the irs asking for derek. lerner, the woman at the heart of the scandal was involved in responding to those requests. monica crowley is here. that is not all. dave camp, his committee has released information that shows that lois lerner went around people, over their heads and quite deliberately targeted karl rove's crossroads group and said why aren't you auditing crossroads? goes on. >> this is the tip of the iceberg. those two groups, karl rove's crossroads, high-profile groups, people generally know what they are and who they are, who represents the mend what they do but think about the countless small local tea pa

stuart varney host of varney and company business network. is there a reason for this jump?>> reporter: these are disappointing numbers. it was hoped we we jump below 300,000 layoffs. here is the concern. we are into yet another year where green shoots for the economy. and hopes are dashed. this uptick in layoffs is not a good sign. we found out job creation is not robust. income growth is pretty much flat. we have an uptick in layoffs. bill: they were blaming the easter holiday for this. what gives with this. >> reporter: to some degree weather and holidays are special factors that have a minor effect. but this is a big jump in layoffs. bill will be facebook says they are doing great. apple came out with and boomer. >> apple made $10 billion net profit in 13 weeks. facebook made $642 million in 13 weeks. these are major american dynamic companies which are making the running for the rest of the world. they are creating an enormous amount of wealth. very profitable. but they don't hire. modern technology does not require a lot of workers. it does not require the creation of

more geewhiz on varney. the 3d printed robot. we have it here. it will be live on set.l make sounds. you can build it in your own home. after the break, the big ipo today is zoe's kitchen. we have today the ceo. am i just being cheap here? would you pay that? mary? the ceo in a minute. ♪ she loves a lot of the same things you do. it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approvedo treat ed and symptoms obph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury,

stuart varney, host of varney and company on fox business, joins us. the campaigns and one of the ways that the president got elected president and then reelected was talking to college kids. i'm going to help you get student loans.ç >> 2011 the president goes out there and expands the student loan debt forgiveness program right before the election. it worked for him. he got the student vote. but now the bills are coming due. there has been a surge of people applying for and enrolling in this student loan student debt forgiveness program. we're up to 1.3 million people enrolled in this program now, and they're trying to walk away from $72 billion worth of student debt. there's a surge of people walking away from student debt, the taxpayer ends up with the bill. >> let's look at some of the debt we're talking about. if you're a law school student the average debt in 2012 was $138,000 when you graduated in law school. in 2004 you had a substantially lower number. it started atç $77,000. if you get a masters in medicine, in 2012 it's $135,000. but as yo

others like stuart varney says not so fast. steve? >> thank you. from rad, reactive attachment disorder. it's a condition that affects thousands of orphans all across the globe due to abeen donement and neglect, among other things. that mom now sharing her story of her family and their ups and downs in the new book "rescuing julia twice." tina joins us live. good morning to you. >> good morning. >> you rescued her twice. the first time was? >> eight months old, siberian orphanage. got her on valentine's day, middle of the winters in siberia. and she was a beautiful baby. >> and you rescued her the second time when you realized something is the matters with my child and i got to figure out what it is. >> that's right. that's right. more importantly was we rescued her from herself. we rescued her from a dark place, a place where she was incapable of bonding and attaching and feeling the benefit of love. >> that's referred to as rad. >> it's a condition that is typically affiliated with children who have been neglected or abused at an early age. it is

i miss said varney got it dead wrong. technically, he is dead right.e did not make him miss tiger off field. i want to see the ratings for that. the feds backing down from that standoff with cattle ranchers in nevada. he has not paid grazing fees in 20 years. why are the fed standing down. judge napolitano is on the case and he is next. ♪ okay stuart: monday morning. triple digit rally. when stocks go up like this, what happened to the price of gold? up. $103 a barrel for oil. twitter's first walk up. expires. twitter executives say they will not sell. two and a quarter percentage point gain for twitter. the parents of that boy who killed four people while driving drunk will only have to pay a fraction of his rehab bill. he avoided jail time. he did not know better because he is rich. turns out taxpayers will be picking up the majority of the tab for you this rehab. >> apparently, they pay the equivalent of two days a month of treatment. stuart: his parents, the rich parents pick up two days a month. charles: $1100. stuart: whoa. >> i blame it on the p

bill: stuart varney from the fox business network. utah woman accused of killing six of her newborn babies over 10 years. police say megan huntsman who was a good neighbor has now admitted to these killings. telling investigators she strangled or suffocated the babies immediately after they were born and hid them in her garage. she's being held on $6 million bail, 1 million for each of the babies she's accused of killing. her next court date has been set for next monday. bill: a massive storm working its way, look at this, you can have thunderstorms and powerful wind and so many are waking up to snow on the ground. the same system with flooding in michigan, dumping 3 inches of snow in chicago and maria molina saw it coming a mile away. hello, maria. maria: what a mess. snow, flooding and even the risk for severe weather yet again today. yesterday close to 50 reported threats of severe weather including damaging wind, hail from texas into mississippi and even louisiana, today it will be a little bit further off toward the east. southea

episode of fox and friends varney blasted the department of energy's clean energy loan program saying it had been a total failure after saving a few examples of clean energy companies that had received loans and then went bankrupt already concluded that the improve the entire program picked winners and losers check it out. let me connect the dots here the government put a whole bunch of dough into all these companies hoping they would work well in fact the technology simply wasn't up to working at the point they thought they could pick windows they picked loses and by the way this is not over the. secretary just recently said we're going to start up this loan program to electric car companies and we've got sixteen billion to put behind this new loan program that no varney is at least partially right some of the companies that the new part of energy gave money to under the clean energy loan program did fail but they were the vast minority of the thirty one companies that received money from the energy department only four failed according to clean energy blog clean technica that's a be

author of the book "the big tent" and stewart varney and dana marino.ow does the president do this? didn't this just blow up in their face today? >> this is one of those policy boom ranges they would have liked to have had a clean run. the facts are what the facts are. the explanation the white house tries to use is the exact explanation -- >> did you see jay carney's explanation? we're less discriminatory than everybody else. >> the bigger problem is larger policy issues -- tax reform and education are the things that would help women more. >> we got an element of big time spin. the president has introduced us to fairness week. >> i call it obama doesn't pay women fair week. >> you push for an extension of unemployment benefits. you harp on the gender payment gap to divert attention for the d disaster of obamacare. >> obama is doing a great job to pave the way for a female candidate. the left knows that they work together with no enemies to the left unlike the republicans where we would rather kill heretics that are slightly different in terms of polic

time for "varney & company" with the market near the highs of the day. let me send it over to "varney & company" and stuart. stuart: maria, thank you very much, indeed. a market rally, look at what else we have for you. apple borrows money, why? 150 billion cash. the stock is up, putin erased ukraine. president obama says he will not go after putin personal billions. get this, 3.8 million low-wage jobs created in the obama years. 1 million middle wage jobs lost. toyota jumps from california sinking ship. low tax texas the new corporate home. we are about to begin. ♪ stuart: let's start at the top, shall we? apple, the company is borrowing $17 billion to fund the stock buyback program even though it has a ton of money overseas. if it brings the money back here and get taxed 35%. charles payne is with me this monday morning. up 17 points today or something like that? nothing to do with oral and money and not paying taxes, everything to do with earnings. my question to you, $2 trillion out there overseas not coming back. charlie: you can't get it back. the

stuart varney, host of "varney & company." so, stuart, how did they uncover this? how are these folks doing it? >> reporter: this is a case of mass i.d. theft where people who know your name, your social security number and your birth date, flood the irs with literally thousands of bogus tax returns looking for a couple refunds. when they get the refund and move on and go someplace else. it is sheer size of this theft. $4 billion. that is a real shocker. that is in just one year. there were 1500 investigations into this kind of i.d. theft and tax refund just last year. 1500 of them. that's up 66% from the year before and 200 investigations have been launched so far this year. nobody is i'm mine from this. attorney general eric holder was himself targeted. two men have been charged in georgia with sending in a fax tax return looking for a bogus refund from attorney general eric holder. that it was his name and social security number and knew his birthday. in went the return. they were hoping to get the refund back. in fact they have been charged. this is going on a

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stuart varney is shaking his head. >> a kissoff!e of their type 2 diabetes... ...with non-insulin victoza. for a while, i took a pill to lower my blood sugar, but it didn't get me to my goal. so i asked my doctor about victoza. he said victoza works differently than pills, and it comes in a pen. and the needle is thin. victoza is an injectable prescription medicine that may improve blood sugar in adults with type 2 diabetes when used with diet and exercise. it is not recommended as the first medication to treat diabetes and should not be used in people with type 1 diabetes or diabetic ketoacidosis. victoza has not been studied with mealtime insulin. victoza is not insulin. do not take victoza if you have a personal or family history of medullary thyroid cancer, multiple endocrine neoplasia syndrome type 2, or if you are allergic to victoza or any of its ingredients. symptoms of a serious allergic reaction may include swelling of face, lips, tongue or throat, fainting or dizziness, very rapid heartbeat, problems breathing or swallowi

. >> p don't for get you can catch me, my show varney and company. "the five" is next. >>> hello, i'm eric bolling, along with dana perino, bob beckle, and greg gutfeld, and andrea tantaros, and this is "the five "the five." are you ready for your blood to boil? we the taxpayer handed $178 million in bonuses to these thugs last year. that's outrageous enough. couldn't get any worse, right? wrong. a whopping 2.8 million of those dollars were handed over to irs employees cited for offenses like drug use, making violent threats, fraudulent unemployment benefits claims and misusing government credit cards and failing to pay their own taxes and it's not just a few bad apples. there are 2,800 employees who were disciplined in the very same year they received, quote, performance bonuses. you sent this around, didn't you? >> of course. my evening plans is i send everybody emails. one of things i love about this is the idea remember that book everything i needed to know i learned in kindergarten. back in school, if somebody throw a spit ball, the teacher said

here to discuss this is the host of varney and company on the fox business network, stuart varney.urse of action, the president, theç administration not wanting to be seen with aligning themselves with bailing out any one particular city but when you look at the numbers, they want to make some people happy. >> it is the best course of action politically for the president because he is not doing a direct bailout. he's not going to congress and saying help me bail out detroit. he's going through a backdoor process whereby he diverts money already allocated to something else, diverts it to bail out detroit. it is a backdoor bailout, which is politically attractive for the president but not perhaps for the governor of michigan. let's be clear. it is aç bailout. case closed. it's a bailout. >> in disguise. >> the unions representing the retirees of detroit are getting the money. the banks who lent money to detroit, they're not. the bondholders who lent money to detroit, they're not getting the money. this is a bailout of the retirees of the unions of detroit city. >> they're trying to

stuart varney is the host of "varney and company," joins us with more on this. stuart, shocking.yet gas guzzlers. >> you've got to practice what you preach. if you tell somebody else you do this but you don't do it yourself, you are a hypocrite. if you dictate national policy but you don't support that policy in your own actions, you are a hypocrite. as you say, let's take the case of the sierra club, a conservative oroaoization looked at the sierra club and what they do. they are saying to the world, you get out there and you drive fuel-efficient cars. but the board of directors, 15 of them of the sierra club, they do not practice what they preach. they've got 32 vehicles between them. 15 board members, 32 vehicles. the average fuel economy for those vehicles is 27 miles per gallon. and they've got in their team so to speak, seven s.u.v.s, a couple of luxury jaguars which gets low gas mileage and that fuel economy is about half of what the president wants and half of the policy which they supporteo and spent money to push on the rest of us. >> i think what's interesting is while