Thank you orville and wilbur. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. Day two of the shutdown. Listen to this, Senate Democrats are refusing to restore funding to vets. Food for mothers and children and to the National Parks and the president , he will not negotiate. So, as of right now, where do we stand . Rich edson is at the white house, all right. Rich. Another vote today on restoring funds to parks, vets and food programs, i believe im accurate, there is going to be another vote today, correct . That is correct, stuart. The house was unable to clear those bills yesterday. Those funding bills yesterday because they were known as suspension votes. In other words, they rushed them onto the floor and needed twothirds of the house to pass the bills. Most House Democrats rejected the bills and today a more regular traditional order and theyll go to the senate, youre right. Senate democrats will say no thank you. Theyre going to vote against food for mothers and children and vote against the parks and the vets. Thats number one, number two, let me get this straight. Senate democrats are going to vote today to exclude themselves from obamacare, correct . The way that this has done and happened before, stuart, democrats will say on all of these votes, that vote, the vote you talked about earlier, theyll say Speaker John Boehner has the authority to fund it all and will refuse to do so by putting a clean government funding bill on the table. When it comes to the exclusion, there are Senate Democrats who oppose that, who did oppose that last week, and there are also some republicans given a little pause because it does end subsidies for a number of their staff members. Thats a problem for them because it will be a little more expensive for those folks to go out and buy health insurance. If thats just the democrats, there are republicans who are concerned about that provision as well. Stuart thats interesting. Thanks indeed, rich edson, well be back for you later for any developments. Quickly to the other stories that are making headlines for you, first up, listen to this, three of the top investors in microsoft want bill gates out as chairman. They reportedly say it blocks an option of new strategies for the company and apple, theyre acknowledging problems with the new iphone software, imessaging glitches, some users send a message, it doesnt appear to have arrived. Apple working on a fix for that. Lets see what happens to the stock. Google accused of illegally tapping into gmail data so they can target advertising, theyve been doing it for years, the question is, was it illegal. All right, tech, thats where the money has been. Did you see the rally yesterday. In apple, amazon, netflix. Stocks overall will look to open lower. How bad is it going to be . The bell is next. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the allnew fidelity active trader pro. Its one more innovative reason serious investors are choosing fidelity. Get 200 free trades when you open an account. Help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Try align. Its the number one ge recommended probiotic that helps maintain digestive balance. Stay in the groove with align. Here we go. A minute to the opening bell. We are looking at a down side move for the dow. When we do open up, maybe 70 or 80 points. Come in, tres knippa from chicago. You want to give me the reason du jour why were down today . The market, a today feels like jim belushis character in animal house and everybody says lets go. And everybody says the market rally, you had the feeling, guess what, the Government Shutdown doesnt matter. Historically if you look at s p performance, Government Shutdowns havent been, had a meaningful impact. However, today you come in and the people who bought it kind of sit there and go, well, ive got questions about Third Quarter earnings. Ive got questions about global growth. Ive got questions about domestic growth. So do i reayant to own . Weve got uncertainty right now and i think investors, for the large part, might want to move to the sidelines while they wait for things to unfold. Biggest news yesterday was Benjamin Netanyahus speech to the u. N. , he basically fired a shot across the bow, weve got to talk about that. Stuart youre talking as an oil trader. And that speech by netanyahu was relevant to the oil market for sure. And red on the early going, likes like down 42 points in the first half minutes worth of business and the trend is down in the early going. Ive got individual stocks very much in the news. Start with apple. Its working for a fix on the imessage application and messages have not been reaching recipients and weve got another story related to apple as you know, billionaire carl icahn is pushing hard for a huge stock buyback, well, the stock rallied on that and where are we today, nicole . Right now down about 1 2 a percent. Yesterday, carl icahn tweeted about the meeting with tim cook. And its about a buyback, borrowing at the low Interest Rates. Thats something that they talked about and we discussed yesterday. Today, its all about the imessages not getting to the recipients. Imagine, imagine youre not getting your mail. That people are sending to you, you might be insulted. You might miss something big. This is a big glitch. Theyre saying to restart your phone or reset the devices, but in the meantime, the customer is frustrated. Stuart okay, its not going to stop me buying a new iphone if i was in that market anyway, a glitch of the software. It may cause some fights. What if you were supposed to invite someone they didnt get the note, a meeting. Stuart i dont think its a big deal. You obviously do, okay, i understand these things. Thanks very much, nicole, and stay there, please. I want to talk about microsoft. First, its steve ballmer, he announced his retirement and reuters reports three big investors in microsoft. They want the founder bill gates to step aside as chairman. I do own some microsoft stock. Im going to start with you, liz. This looks like the sweeping away of the old guard. First balmer and now gates. Thats right, out with the old boss and in with the new boss. If bill gates is on the special committee that picks the new ceo. I think that the three anonymous investors, we still dont know their name, are tired of the direction of microsoft. They want a new compelling vision, not one that is consistently chasing google or apple. Stuart put up the video of steve ballmer, he was in tears, and no thats at the developers concert. Running up and down the stage, development, development, development, development and the yellow shirt goodbye, he cries. Hes gone and they want bill gates to step aside and that turn, turn that to alan mulally. He runs forward and hes supposed to be the primary candidate to take over microsoft. That would be interesting move. It would be. Hes denying it, but it would be an interesting move. Hes a turn around pro, turning around boeing and ford. He has a home outside of seattle. And thats a compelling reason to have alan mulally. Sandra smith, what do you say as a youngster, sweeping aside the old guard and even if mulally comes from an industrial background, forward and boeing . Its the fact that balmer cried and called microsoft his fourth child at his speech isnt a sign that they need to change the guard at the company. Stuart, for yourself who does own a little bit of microsoft stock, you should be happy whats going on. Because the activist investors are showing that they do see value in this company. They wouldnt be doing this unless they saw that and guess what, at some point youve got to get the guys out of here and people willing to adapt new technology and accept new ideas. They might be stuck in their ways. The stock is pretty flat this morning, still around 33 a share. Got that one. Few things say new york like the Empire State Building. Have you ever visited . Would you buy stock in it, however. Shares to the low end. The stock in the Empire State Building will go on sale for the first time today. Liz . Stuart, you and i were talking about at the break about the most compelling selling point and we showed the 102nd floor observatory deck. And the stat that that alone brings in, one floor. Stuart i was astonished. I asked them about Production Team to guess how much money does the observatory bring in every year, you said 200 million. I was way off. Stuart the number, 1. 5 billion dollars. Astounding. Stuart thats the expected revenue. For that one floor. Stuart what youre looking at now. Right. Stuart you can go to the top of the Empire State Building, great view, got it. 1. 45 billion dollar revenue. Thats nearly the market cap of j. C. Penney, 1. 45 billion. Stuart sandra, you used to live here, okay, you used to work here. Would you have guessed 1. 45 billion coming into the observatory . Still do and ive lived in both the cities my entire life and im still flabbergasted at the amount of people who when they visit the cities they want to go to the top of the Empire State Building and here they want to go to go to the top of the sears tower, which is now the willis tower. Ive never been to the top of either of them. Tourists this is the top thing on their list. A billion and a half in sales. But new york has king kong. Stuart by the way that observatory is half the valuation of the Empire State Realty trust that goes to the public today. Extraordinary. The market shows 71, 68 point loss. And i want to get to this with ed butowsky. Our viewers do not like the shutdown and most of them blame democrats and the president and the politics of it, got that. Thats where the viewers are coming from. I want you to approach this as an investor. Thats what you are. How does an investor play the shutdown . Well, the advice that were giving our clients and most people are doing, this is a nonevent when it comes to investing. Almost like dropping your phone, picking it up and hoping it still works. Thats what happens. The shutdown occurred and companies are still earning money and thats how theyre evaluated based on earnings. From an investors standpoint. This is a nonevent at this point. It could change down the road. Stuart now, the president is bringing in the debt ceiling deadline, as you know, october the 17th. Would you say the same thing, its a nonevent for investors, if we go past the debt ceiling deadline . Well, you know, now we get a whole different ball game. Now were starting to deal with our credit and starting to deal with what the Interest Rate levels are going to be and credit quality. Of not just the United States bonds because all other bonds are played off that. Credit ratings could be impacted so there will be a Ripple Effect there. Thats a different ball game when we Start Talking about the debt ceiling and thats serious stuff that we need to address quickly and we cant play the shenanigans like we do now. Round table, start with you, ed. Is the president still seen as the winner here politically or the tide is beginning to turn and the president is seen as intrance gent and obstructionist . Hes not seen as strong now. The polls suggest that as well. Hes not that strong and his previous shutdown, the president looked stronger than another administration. No question, he does not look as strong as people think around the country. Stuart sandra smith the tide turning, beginning to move against the president. What do you think . Stuart, ive been saying on your program all along, going against the grain and most people say the republicans are always going to look like the ones to blame. Ive been saying its going to end up to be the president. The reason being, people have shown they want leadership in this country and right now they see a president that steps to the podium and wont take questions at the end of these press conferences the past couple of days. They want action, they want leadership. Stuart last word, league. Reagan, clinton and george hw, did negotiate. And basically the americans are seeing no delay in the individual mandate, special interest getting special favors and medical devices, like alcohol and cigarette companies, creating job losses at the medical devices. Stuart thank you, one and all. Sandra, ed, liz, many thanks indeed. Here is what weve got new at 10. Jayz, he says hes a success because he was a crack cocaine dealer. By the way, hes now approaching half a billion dollars. What does Charles Payne think about that . He joins us in the next hour and we will discuss. Another big name, pandora, in september over a billion hours of music was played on pandora. Any affect on the stock, nicole . The listeners, its on the rise month over month. The number of listeners,they have more share theyre taking and the number of hours, as you know, the stock is up 2. 2 . They will face some competition with itunes radio, which is newly launched by apple, but in the meantime, pandora continues to rock it and its up about 180 percent a year. Stuart thats a rocket, 180 . Got it. Nicole, thank you very much indeed. Show you the big board. Were down 88 points. Okay . Been there all morning, thats all of ten minutes worth of business, but we are down today on this day two of the shutdown. The blame game on capitol hill. It rolls on. For now, most people and certainly in the polls blaming republicans. But again, we have this question, is the pr tide beginning to turn . Were going to go to washington on that question after this. announcer scottrade knows our clients trade and invest their own way. With scottrades smart text, i can quickly understandy charts, and spend more time trading. Their quick trade bar lets my account follow me online so i can react in realtime. Plus, my local scottrade office is there to help. Because they know i dont trade like everybody. I trade like me. Im with scottrade. announcer ranked highest in Investor Satisfaction with selfdirected services by j. D. Power and associates. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. It is a 99, its a 101 point loss. 99 point loss for the dow industrials this wednesday morning. Here we go. Look at the price of gold. Thats important. Were right at 1300 an ounce and up 16 thus far. You ever stopped at Burlington Coat factory . I have. Bargains galore. They went ipoing today. Not the opening price, the ipo price was 17 and look at them go. Theyre now at 22. 76. Ignore at that percentage gain. Theyre not up 2180 . Thats not correct. Theyre at 22. 88, big gain. Today is day two of obamacare shutdown of course, but day two of obamacare. Republicans getting the blame for the shutdown. I say republicans may be getting some of the blame for not opposing obamacare strongly enough. Here is congressman renee he will elmers from north carolina. I dont know congressman if thats. Congressman, renee, whatever you want to say. Stuart here we go. Im getting a lot of criticism directed at republicans for not getting the message out. For example, on our somehow yesterday, there was a bunch of fast food franchises that he ran and he told his workers theyre going to have to pay under obamacare far more than theyre paying now. They dont like it. And they were surprised by this. He says, when are you republicans going to get the word out that obamacare hurts ordinary working people . What do you say . You know, i will tell you that i came to washington in 2010 to shut down obamacare, know the shut down the federal government. We have opinion been speaking this message all along and saying a long time, its those the president says will help with obamacare that are going to be hurt the most and for those who own the chain franchises especially and the food industry, theyre going to be the hardest hit. Stuart what about the argument if its that bad. Why dont you just step aside, let the president get along with obamacare, see it unroll. See the chaos, and reap the political victory next year, why dont you just do that . If it were all about politics i would say lets do that. Lets just sit back and watch it implode. The problem is good hardworking American People are harmed by this. Thats our job, we have to protect the American People. Even in the situation were in. Even if the president isnt working with us, even if harry reid and the senate is not working with us, we still have to fight for the American People. Are you in that hard core block among House Republicans who says, under no circumstances will i vote for any kind of obamacare . Well, you know, lets talk about that. Were talking about the continuing resolution and obviously didnt come up with a solution. There was misinformation about obamacare being funded, very minimal, minimal funding through the cr. So, the issue, you cannot simply defund it, you have to have a strategy. The strategy is defund, dismantle, repeal, replace. Im supporting the rsd, Health Care Reform act, that essentially puts the essential pieces in place. Lets delay obamacare and make sure the American People are protected and lets get a different system in place and thats what im going for. Weve got to have something positive out of this. How would you get a different system in place . Again, weve got to repeal the law. You cant, really, you cant. Because the president would veto anything and you would not get it through the senate. You know, ill tell you, thats where the debt ceiling negotiations are going to have to take place. Theres a lot going on up here in washington and the debt ceiling is right around the corner. Were going to have to deal with that and even though the president says hes not going to negotiate on it, hes going to have to because its just detrimental. You know as well as i do, defaulting on our debt would be the worst Case Scenario and its what the president does not want to happen. Stuart thats what you will demand. Delay obamacare in full for one year, the price for raising the debt ceiling according to you, thats it . Only one of many reforms and spending cuts that need to be put in place. It has to be a package deal, it has to be moving us towards a progrowth, healthy, thriving economy. As you know weve been in the obama economy and were all stuck here, not moving forward. Weve got to move forward with reforms, weve got to change the situation. Stuart we hear you. Renee elmers, republican, north carolina, registered nurse, i believe. You know what youre talking about. Thank you very much for being with us, renee, much appreciate it. Thank you, good to be with you. Stuart all right, my take on a rare victory in Americas Energy policy. Thats coming up next and yet, it is a very rare victory indeed. It is a triple digit loss. The dow industrial is off 107 point. Market down. However, look at re max, its an ipo. Real Estate Company just started trading. We have the ceo coming up. The stock is up 18 . Burlington, Burlington Coat factory is straight up. Another ipo. Moments from now, new at 10 being, jayz worth a half billion. What does he attribute his success to . Starting out as a crack dealer. We will discuss. And big business, chances are you get a popup ad on your smart phone and we have the company that made it. Any company thats not in the game, the digital game better shut its doors. Thats next hour. Ladies and gentlemen, we have a win, a victory. In a sea of shutdown defeatism and decline america just came out ahead. In the obama years, this is rare, but were here to report it. Here is my take on ron bins. Youve never heard of him, have you . Let me tell you all about him and then i will get to the good news. Ron benz had a name. Mercedes benz, a greenie with the ultra rich who are uberenvironmentalists, ron bins is their guy. Ron hates any and all fossil fuels and he thinks natural gas is a dead end. No fracking. And incredibly this man was president obamas nominee to run the federal Regulatory Energy commission. He wanted ron him regulate coal and natural gas to death. The truly great news. Ron has withdrawn and taken himself out of contention. Why that . Because it was obvious what this guy would have done to america, regulation from ron would have raised energy prices, hurt manufacturing, and clobbered poor people with electricity and heating bills that went out of sight. His nomination got such a poor reception in the senate that he would clearly have been rejected. Ron is upset about this. He says hes the victim of a blood sport and partisan politics. Hes wrong. Hes not a victim. We would have been the victims if hed gotten the top regulators job, so rejoice, Mercedes Benz bins i should say has been assigned a role in Climate Change history. We, america, have won. Really . Whats wrong with trying new things . Look mommys new vacuum cat screech you feel that in your muscles . I do. Drink water. Its a long story. Well, not having branches lets us give you great rates and service. Id like that. A new way to bank. A better way to save. Ally bank. Your money needs an ally. You really love, what would you do . [ woman ] id be a writer. [ man ] id be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] id be an architect. What if i told you someone could pay you and what if that person were you . When you think about it, isnt that what retirement should be, paying ourselves to do what we love . Stuart wednesday, october 2. Yes, your taxes are due to pay for a government that is shut down. Jo ling kent tries to sign up again. Shut down day two. Dr. Keith ablow is here. Big names in banking. What is going on. The judge on that one. Re max is here. They sell houses. Lets not forget jayz. He learned business dealing crack. This is not your average financial program. Stuart i will get to the very big money that is being made intact onto stocks in just a moment. Burlington coat factory, re max and Empire State Realty. I think they are all up. Nicole re max, we will have the ceo on shortly. Stuart we have news in technology. Microsoft and apple. Show me those stocks. Nicole apple will continue to follow the issues with i message. Down. 5 . We will keep an eye on microsoft. Stuart we are reporting that they want bill gates out. We will discuss that in a minute. Technology. Those stocks, that is where the money is. There was a massive rally yesterday. Charles, that is where the money is. Charles that is where the money is. 2. 9 million federal workers, 800,000 of them are deemed nonessential. Apple. You will never see that at microsoft. They still have a limited amount of smart people working for them. Stuart who is investing in the alcoa of this world . Charles somebody downgraded that to a cell. Stuart technology, that is where it is. Charles i think it underlies the education debate that we have. People with the great jobs, they are not born in this country. We need to make them homegrown. Stuart i have to show you this. We are down triple digits. Still at 15,088. Reuters is reporting that three big investors in microsoft want the founder, bill gates, to step down. If you owned microsoft, would you walk bill gates to get out . Charles come back and run the company with the passion that you had before. This limbo is not helping anyone. He is fixated on staying the richest man in the world. You are not being a help you be more. Stuart if they leave, if they go, who is the new guy . He comes from a background of getting things fixed. He knows how to spark something. He has an engineering background. I think he would be respected by the employees at microsoft and wall street. Stuart the changing of the guard has pushed microsoft stock. Charles you know, listen, if you are leaving a company as a ceo cant do not make billiondollar acquisitions now. Stuart it is day two of the Government Shutdown. Many things were shut down yesterday. Republicans are still getting the blame for the shutdown, despite the democrats voting no. What is going on . We knew that republicans would be behind the eight ball. They always are when it comes to the Mainstream Media. This looks very petty on the part of the democrats. It reminds me of sequestration when there would not be in easter egg hunt. When we had to close the white house to work. It is starting to look really petty on the part of democrats. These world war ii veterans, the white house was notified that they were on their way. These guys came from mississippi on for buses. Someone contacted the white house and said can we make a special exemption for these guys. They said, no. They still said they were going to see the world war ii memorial. Stop us if you think you can. Stuart Rob Schneider is bailing out on california democrats. We need to have a new voice, we need to have a new direction. The last time i made a movie in california was seven years ago. That is because we are not being competitive. Stuart am i hearing things . Am i seeing things . A hollywood guy . These democrats are killing me . What . Charles in your 20s, if you dont vote democrat, you dont have a heart. If you are 40 and above and you dont vote republican, you dont have a brain. He sees firsthand the destruction of all of these heavy regulations. Lots of people have left california. That is not the blueprint for a great future. I would love to see some change, but i am not holding my breath. Lets get back to the big money and technology. There is a good chance that this company put a mobile ad on your cell phone. Please welcome to the program. You are the guy that is responsible for these ads. You can look at it in many ways. Yes, it is out on the screens. By the way, the consumers, they are not that annoyed of it. There is an acceptability of the free content that they get. Stuart do you measure response . Are you trying to measure response to that ad specifically or is that ad up there as an image ad, getting the name of the company out there . Everything is measured down to the last second and last action. The results are phenomenal leap better than any other medium. The beauty of the media is you can measure it. Stuart on my smart phone, up pops an ad. You can measure how many seconds i leave the ad running. Everything is measurable . Absolutely. I know everything. Stuart you know everything. You are working for the big guys. You make mobile apps for walmart and the others; correct . Yes. We have more than 250 biggest advertisers. Stuart do you mash the ad and me . Do you know about me . Do you know who i am . Do you know my income level . Do you know where i live . That kind of thing. I do not know your name. I can probably estimate your income. I will not know much more than that. Nothing personally identifiable. Stuart it is fascinating. Thank you very much for telling us about this. I do hope you spend the time to come back with us sunday. This is good stuff. Thank you. Thank you. Stuart netflix. Nicole look out what is going on here. 325. 90. Look for this one to continue higher. A new alltime high. Stuart money is in technology. The overall market is down nearly 140point now. Nicole a new alltime high of 321. 73. There was good news for amazon, bad news for apple. Apple unable troll out a new version of the ipad mini. Guess who has the High Resolution screen, amazon and google. Stuart though money is flowing into americas premier technology companies. You can see that today. Interesting story. The big banks are trekking to the white house today. Will they get on board with the president or will he beat them up all over again . Is this a wall street witchhunt. The judge is next. [ bell ringing, applause ] five tech stocks with more than a 10 . Change in aftermarket trading. All the tech stocks with a market cap. Of at least 50 billion. Are up on the day. 12 lowvolume stocks. Breaking into 52week highs. Six upcoming earnings plays. That recently gapped up. 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Stuart with the dow down 140 points, we could use a little help to make some money and charles said he is going to do that. Charles yesterday, number four percentage gain on the entire market. You are still up a lot. Stuart it was a huge win yesterday. Charles gigantic. Rite aid, not as good. We took a hit on cyprus. Don go back to rite aid. Four dollars a share. Charles it should be like 4. 80. I just get nervous. Let take it because i have seen ample back a few times and big chunks. Stuart we hear you. Charles i took cyprus. A great ceo. Stuart what is that guys name . Charles rogers. Stuart dynamite guy. You just do not like the stock. Some people are calling it a witchhunt against wall street. Eric holder, as you know, going after jpmorgan. Wells fargo is being hit with fines left, right and center. All of the banks, they are certainly under attack. The ceos are trekking to the white house today. They will meet with president obama about the debt. All rise, judge Andrew Napolitano is here. Will he say, you had better support the more i will beat you up all over again. Oh, my goodness, if he says that, he would be exposed to malfeasance in office. In the case of jamie dimon, he is particularly being victimized, as our shareholders. You and i and charles have discussed this before. The government wants to fine jpmorgan. It is preposterous. Who has more power, the judges or the prosecutors . Judges decisions can be appealed. The decision to prosecute or not prosecute is essentially unreviewable. That is left in the hands of political prosecutors like eric holder. That is our system. We trust them to make those decisions. These guys are using the power and a way to enrich the government, not in a way to fight crime. Stuart the president says, you better support me on this debt ceiling thing. I want a blank check. I want you bankers to support me or else i will beat you up some more. The government is not supposed to operate that way. Charles they beat each other up in private. When the fed is buying all of this junk, the money goes to banks. They fight each other. In private, they have this relationship where they both reap the awards. In private, the banks love when the government gives out free money. We all understand how that system works. When the value of the money goes down, it does not go down until after it passes through the banks. Stuart it is only a matter of time before we bring up the queen and henry the eighth. [laughter] stuart there is a classic and golden opportunity for the president to make sure that they support him on the debt issue. Not a single one of those bankers will say, hey, it we are washing your hands, why dont you wash hours. Stuart they cannot. They would be ruined. Charlie gasparino says that is a done deal. Stuart all right, judge, not bad. Obamacare exchange glitches are just like apples glitches. Really . More on this next. Apple rolled out a new mobile operating system. Within days, they found a glitch so they fixed it. I do not remember anybody suggesting apple should stop making and selling iphones or ipods. When we made our commitment to the gulf, bp had two big goals help the gulf recover and learn from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Stuart down, but not as bad as it was ten minutes ago. Nicole, i want the biggest losers of the dow 30. Nicole mate donald, cocacola, united technology, american express. A lot of names under pressure today. Stuart Technology Still pretty much holding its own. Thank you very much, indeed. Day two of obamacare exchanges. Jo ling kent is here. You were with us yesterday. You try to sign onto 37 sites. I was able to log onto three. Today i did it again and i had a lot more luck. Taking a closer look at the states, in new york they said 9000 people were able to shop. It is clearly a technological issue. Stuart 9000 people got in. When you got in, did you get a range of choices . Two of them i could not because i do not have the correct address. It was successful. I think that looking at connecticut, kentucky, minnesota, all of these different states, maryland, a lot of them had delays. It was a high traffic time. I do think it had something to do with the high traffic. There are a lot of glitches. If you look at some states, they were completely delayed. They just were not ready. Stuart you had trouble getting on. Is that a glitch . Is that a snag . Or is it a more profound problem with Getting Technology in line . I do think that there are glitches that are fixable. I also think that we are not really sure yet exactly what the problems are. It is very slow, it is very outdated. Independent inspectors were not able to comment ahead of time and evaluate. This is the u. S. Government that already has issues with technology. It is certainly a huge monumental challenge. Dennis that was a slam on the federal government right there. It is the reality of keeping up with technology. Charles i think the next step is to see the conversion. What they said in connecticut, 10,000 people visited the site and only 22 enrolled in the exchanges. That is the data that i think will be more fascinating. My number says 83. I think it really depends on if you are working, some states like new jersey did not create their own site. I think that if you look at each state that has their own website versus the federal site, there is one thing in common, they just were not prepared for the volume. I think there are a lot of technological issues. It is a really complicated operation. If you put this in front of any sort of engineering company, it would be a pretty difficult task to tackle. Hopefully, the idea would be to improve and figure out how to fix the mistakes. Stuart i am just imagining myself as a regular consumer trying to get on board, trying to register and having to spend countless hours and days trying to get on. It is definitely annoying. There is a long window of time. If they can fix it by the end of the year then it may actually work better. Stuart since when does a bureaucracy really fix things fast . If you look at the longterm health of any government around the world, they will have to deal with technology. Stuart i am sure you will keep that this. I will. Stuart thank you very much. President obama and the media putting the shutdown blamed squarely on the republicans. Why does the president get the pass all the time . We have dr. Keith ablow with us. So ally bank really has no hidden fees on savings accounts . No hidden fees. Its just that im worried about you know hidden things. Ok, whys that . Well uhhh. Hey daddy, whats your job . Daddys a uhh florist. Are you really a florist . Dad, why are there shovels in the trunk . Theres no shovels in my trunk. I see shovels. You dont see no shovels. Just am. Well, its true. At ally there are no hidden fees. Not one. Thats nice. No hidden fees, no worries. Ally bank. Your money needs an ally. She loves to shop online with her debit card. And so does bill, an identity thief who stole marys identity, took over her bank accounts, and stole her hardearned money. Unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. This is Identity Theft. And no one helps stop it better than lifelock. Lifelock offers the most comprehensive Identity Theft protection available. 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You have to know all of that. Charles absolutely. Another part of this interview that is interesting is the exit. I grew up with a guy who got 20 years to life for moving heavy way. He got out two years ago. He got back into the business. He is also trying to open a fish market at the same time. You do have to have some real Serious Business skills. Stuart i do not want this to be taken in any way of approving in the drug trade. It is as good as an example as others. Charles there is a pretty good article on this whole thing. Stuart we better move on. The president and the Mainstream Media put the blame squarely on the shoulders of the republicans. But take a closer look at this fingerpointing and bring in dr. Keith ablow. Nobody blames him for anything. Can you analyze on that, from your perspective . People ought to get things, even if it has not necessarily been earned. You do not have to look inside yourself and discover your power and baton of me. That can be a painful process. That guy will be in braced by people when they need to feel helped. When on the other hand, the surgeon who says we have to get this right and we cannot possibly risk the whole body politic over your desire to avoid some pain by giving everybody everything, those guys can be vilified. You know what, it is okay to be vilified for doing the right Abraham Lincoln did not take the easy way out. That is nothing. That is a soft science. Stuart do you think that the tide of Public Opinion may shift . Absolutely. The tide of Public Opinion will go with the truth. The truth is americans like being americans. We may have gotten a little scared to elect someone who does not like us. In fact, that will not stand the test of time. People do love liberty and autonomy and free enterprise. That is what will win the day. Not this leadership. Stuart you think that at some point we will stop demonizing republicans . They are being demonized. You think that will be reversed . Sore. Everyone hates the dr. That tells you you have to go to detox and then you go to detox and you feel better. You feel stronger. I like that guy. That is the republican line of thinking that they have to embrace. In the end, it will be aligned with what people believe themselves. People do believe in themselves deep down. Stuart you are a ted cruz guy, arent you . I like ted cruz. We will not just go along to get along. That is exactly what we need. Stuart dr. Keith ablow putting everyone on the couch. Good stuff. Thank you very much, indeed. Remax. Big real estate ipo today. We have the ceo next. Is the housing recovery really happening . That stuff coming up next. [ male announcer ] need help keeping your digestive balance in sync . Try align. Its the number one ge recommended probiotic that helps maintain digestive balance. Stay in the groove with align. Stuart Paramount Pictures cutting jobs. Viacom illuminating 110 positions. The company says it will help adapt to things. The stock is down. More on jobs. Payroll Processing Firm adp reports the private sector gained 166,000 jobs last quarter. The august number was revised down. Thats that stormed into the memorial in d. C. Brett not stopping them. They vowed to a showdown at the memorial today. We have the ceo of re max next. That stock is up. Stuart another big name you know going public today. Re max realty. Congratulations, your stock has gone straight up. You are smiling big and i do not blame you. I am. Stuart a lot of job losses in the mortgage business. Mortgage applications are down. That would seem to be a negative for this housing recovery. What say you . The heat that we have in the recovery is because of the imbalance between supply and demand. I think you are starting to see a little correction in the markets. That is a good thing. Stuart is it still investors doing the buying . The investors have decreased recently. They really focus more on distressed properties. That part of our market is decreasing. Stuart do you make your money on sheer volume . No. Re max is a very different franchise model. We make ours based on our agent count. Stuart the more agents you can bring into re max, the more money re max makes. Is it that simple . To a certain degree, yes. Our agents are the best in the business. Re max has sold more real estate than any other brand every single year since 1999. Stuart you have a big smile on your face and that was a terrific commercial that you just gave. Dare i ask you what your holding is in re max itself . You could ask. I am a very minority shareholder. Stuart 26. 62. Keep smiling. You are doing well. Thanks for joining us today. Congratulations again. Thank you. Stuart sure thing. New york, like the Empire State Building, would you buy stock in the Empire State Building . Stock shares did go on sale for the first time today. The stock is up from its ipo price. I have been apology and i have a correction to make. Earlier today i said the principal source of value in the Empire State Building is the Observation Deck at the top. I got the revenue for the Observation Deck. Totally wrong. Ms. Reddick completely. I thought they got 1. 5 billion from the Observation Deck. That is not correct. That is half the value of the Empire State Building. The 16th there is a lot of on hidden value here. I have not been in the building in a long time. The last time i was there, it was a little rundown. I think a better play may be alexanders. Stuart the three ipos that we saw today, we have burlington, that is one that went straight up. Re max, that one went straight up. The Empire State Building has not gone out. Charles you cannot build another Empire State Building overnight. By the way, my mother loves Burlington Coat factory. If i could buy her a stock for christmas, it would be Burlington Coat factory. Stuart the europeans calling out president obama. Do they have it straight . I have this for you remember, he was his own brand. He passed away. Sixtysix years old. Tom clancy. Coming up on lou dobbs tonight 7 00 p. M. Eastern, president obama and harry reid refused to negotiate with republicans. We have a senator with us tonight at 7 00 p. M. Eastern. Join us. Stuart a newspaper published in london, it is called the telegraph. There was a time not so long ago that the world book to america. Now, that can no longer be taken for granted. Charles, on this issue of the shutdown, president obama is getting none of the blame. I suspect that maybe the pr tide is turning. Maybe people are beginning to look at the president. Where is the leadership on this issue . Charles i agree. Foreignpolicy, we will punish syria for what they did in the past. On the economic thing, we will punish banks for what they did in the past. That plays a role. We are talking about republicans. Lets make sure women and children get their food. The white house says, no, we will veto this because we want a clean bill. Stuart that means the democrats in the president will say no, we will not restore money for food. Not restore money for parks. Not restore money for vets. We will keep our staff suffer from obamacare. Your take on what i call a rare energy when. That is next. When we made our commitment to the gulf, bp had two big goals help the gulf recover and learn from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. We added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Got a very big response to energy and americas victory on Energy Policy and the huge response to our own joe lynn cant who talked about obamacare exchanges. Big reaction on twitter pages. Heres what you said. Of obama goes for the apple scenario consumers wont by obamacare and it will go out of business. That is not how government works. Ken tweet this, the president might compare the Affordable Care act to apple but at least apple has a positive successful track record as compared to government agencies. Looks like our viewers are pretty down on the government doing anything. Charles by the way, joe was kind to the administration. Web md wont grow up quick, twenty million unique visitors in one month, a lot more than the government side yesterday. Stuart big business can do it. It is yours. Connell we have the likes of jamie dimon and Lloyd Blankfein at the white house today. The president meeting with these big bank ceo as, the expected message is a default would be a disaster. The greatest generation up in arms over the Government Shutdown and the barricades surrounding the world war ii memorial. There may be no september jobs report after all. One of the first guest on the show today says the Labor Department might not bother with reported the shutdown drags on too long. And get rid of the chairman, bill gates may be out of the job as chairman