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Lets get to the breaking news from General Motors. No longer government motors. Mary barra will be the next ceo of the company. Shell be the first female chief in the countrys entire history. Shes currently the head of global product development. We dont know quite yet when the switchover will occur, but shes coming. Obamacare sticker shock round three. First came the high premiums and then our deductibles off the charts and now people with preexisting conditions like cancer and aids are finding some obamacare plans dont fully cover the cost of their drugs. Theres been some chronically ill people and now paying over 1,000 a month to cover prescription costs. Here is what the Senior Advisor for medicare and medicaid told megyn kelly last night. The list of drugs that plans cover in many cases arent long. If the drugs arent cover youre on your own and you basically have to pay for it entirely out of pocket and the money spent on the drugs doesnt count against your out of pocket limits and doesnt count against your deductible. Stuart even the architect of obamacare, zeke emanuel says if you want your doctor, you can pay more. And now the same for drugs. And the winter storm, snowing from d. C. To boston, freezing cold temperatures throughout the midwest. 3 to 6 inches of snow expected from maryland all the way up to new england. Lots of schools and government offices closed already. Thousands of flight delays. Now, here is a positive a possible positive. People are likely staying home and shopping, another win for online website, maybe amazon. Com. Here is the question, is there a weather play on the stock market . Well have an answer coming up, along with the early action on wall street. Im afraid to tell you, we will open lower today. Every day were working to be an Even Better Company and to keep our commitments. And weve made a big commitment to america. Bp supports nearly 250,000 jobs here. Through all of our energy operations, we invest more in the u. S. Than any other place in the world. In fact, weve invested over 55 billion here in the last five years making bp americas Largest Energy investor. Our commitment has never been stronger. Oh the weather outside is frightful, but the fire is so delightful since weve no place to go the weather outside, im telling you the weather outside this studio is indeed frightful. And snow covered the Atlantic Region today. You could say thats a boon for online retailers. Well, well see. But we do have some Winter Weather stock plays coming up for you. Coming up to the opening bell, about a minute from now, here is Scott Shellady lurking in at the market and iacket. See gold up 20 bucks and oil close to 100 a barrel all over again and i want you to tell me whats going on. Well, i tell you what, weve had weve got a short cover going on in gold. Thats an inflation head. We dont have inflation, sell it or at least dont be long here and ultimately i think it goes to a thousand. Gold is going to have its going to hit on the head because of deflationary pressures not inflationary pressures. Seeing the rally on opec pumping less and maybe inventory draws tonight or tomorrow morning and have folks that think the economy is doing bet are we want to buy oil . No, the economy is not better. You dont want to be long oil at00, i think you sell it with both hands here. Stuart thats interesting, gold goes down to a thousand bucks an ounce and oil retreats from 100 bucks a barrel. A rare forecast on Scott Shellady and well see if hes right. Thank you, young man. [bell ringing] and you can hear the bell ringing and when it stops they start to trade stocks, i say that every day. Were looking for maybe a 40, 50 point drop for the dow when everything gets moving. That should carry it below 6. Now were up 3 1 2 points, hold on a second well likely see a downside move, give it an um can of minutes. And were in for Winter Weather, and what stocks can you play when the weather turns bad. How about home depot . Your show shovel there, and Amazon Online shopping, market watcher, shah galani miami where the weather is not a concern. Give me Winter Weather plays on the stock market, shah. As far as the three youve mentioned im not keen on all of them. All of them have a great run, as far as home depot, a little parabolic in the last months, i think a little overbought. As far as the generator maker, thats a terrific company, but small flow and i wish id owned it a couple of months back, its done well. I like, right here if i was going to play the weather, play United States natural gas. I think that ung is in the middle of its range and i think we could go higher in natural gas if the weather continues to be bad, it could go a lot higher. Stuart it under so like youre down playing the whole thing about the weather play. Its winter, not quite, but december 21st we officially start, but it is winter and you would expect bad weather. And surely, this is factored into the market. So, are you in fact downplaying the whole idea that you can play the weather in winter on the stock market . Absolutely. I think just like the weather being dicey, trying to get in on a weather related play in the stock market, especially when the bad weather hits is already probably too late and i think some of the stocks could have a little bit of a pop and theyre going to fall back to natural levels. I dont think theres longevity in the move because of the weather. Stuart i like to see you straighten us out even from miami. Stay there, ill get back to you in a moment. Nicole, General Motors named a new ceo, mary barra, the first female ceo in the companys history and i found out she takes over in mid january. The outgoing ceos wife has cancer and explains the Rapid Movement in of mary barra. The stock is hardly budging on this. Nicole the stock is hardly budging. It did hit a high yesterday and the treasury has been exiting General Motors and thats a big story coupled with this one. Whats interesting about mary barra her father worked at a Pontiac Motor Division for 39 years in michigan, and she went in there 18 years old as an engineer. And then went on with the company and the like. So, even had an internship and also worked as an executive assistant and she certainly climbed through the ranks. Stuart okay, shes a car person from the getgo, go the it. Listen to this one. Lululemon, first the founder put his foot in his mouth and then he cried about it and now hes stepping down as chairman. Is there any reaction on the stock, nicole. Nicole the put the foot in the mouth if your thighs are too big you probably shunting wearing them, Something Like that is what he said. Yeah, so we are going to have a changing of the guard. Founder and chairman chip wilson is moving out and someone coming in louie vuitton, mbmh and toms shoes as popular as well. A new chief executive coming in and youll have chip wilson headed out. Stuart thank you very much indeed. I want to check the overall market for a second, were expecting a down side move of 30 or 40 points. Were coming back, 24, sitting right at 16,000. Check the share price of twitter, most people are checking the share price of twitter checking the share price of twitter, i should say. An alltime high now at 49. 52. Shah galani still there in miami, if you havent bought it yet, is it too late to get into the twitter game . I think its a little bit late. I dont think i would want to buy i wouldnt recommend buying here. I dont know what kind of upside it has. Its already had a terrific little run and i think its going to settle down 10, 15, maybe 20 , its far too dangerous to buy close to the top. And you know, the earnings are ridiculous in terms of the p. E. And the profitability, theres nothing there. Why . Why would you pay almost 50 for the stock . I dont understand it. Stuart maybe because Everybody Knows about twitter, its a Worldwide Global company. Its one of the principal news reporting operations in the world right now and maybe they can make money out of that in the future. Hold on a second, shah, ive got Jeremy Kaplan with us, science of Technology Editor for fox news. Com. Youve never been a fan of twitter and you dont look at it financial will you, but look at it as a piece of technology and you dont particularly like it . What you said is true. Its a wellknown brand, incredibly influential in a lot of ways, on the other side its also not particularly interesting. And then as a stock, if youre looking at it financially, they just arent making money at all, nothing. So, its hard to justify that price, really. Stuart but as i say, look, Everybody Knows about it. It is a its a global brand. Within a couple of years of its launch, it is a global brand. You have to assume that theres no way that they could make money out of their global brand position down the road. Thats the assumption youre making. There has to be some way that they can at some point make money, unquestionable. There has to be something they can do and one of the reasons weve seen this little bump. They introduced a new ad tool and searches through your history and notice you said i like that lego model and allow lego to advertise against them. So, one way they could perhaps at some point, potentially monetize what theyre up to. Stuart you dont see it . Ive used it, i dont like it. Maybe thats more of a personal response than anything. I just have found it to be less usable and more a mouth piece of shouting out information to people. Stuart some people say that twitter is clunky, and it needs a new approach for neophytes like myself before ill go on it. Its unintuitive and carries its own language and hash tags and whats trending. If youre not familiar how that works theres a barrier getting into it. One of the things that might be preventing people from although theres a great base of people who use it, its hard to tell whats going on with this company. Stuart how about ebay . Ebays ceo calls amazons drone Delivery Plan remember that one revealed on 60 minutes. The ebay guy says that amazons plan is longterm fantasy about the drones that will deliver your packages on amazon. Its hard to imagine a world where a robot flies to your house and says heres the magazines you j us ordered. Stuart but when a guy like jeff bezos says it, its pr, right out there with the futuristic thing and b, hes the guy who makes things happen. Its interesting that ebay is commenting on it. You have to look at ebay and amazon and both delivering things to you, but they sell very different products. Ebay sells a lot of big things. Ebay motors youre not going to get a car delivered by robot. Amazon sells small things and big things. I could see a world where dvds are delivered to your front door. And amazon is on demand, right now stuff. You want is it it delivered today, a drone will deliver it today. Stuart you dont see it happening . You believe its fantasy, dont you . Dont you . Trying to put words we have the technology, but is it going to happen . I dont know. Stuart profit down on the home builder, toll brothers, where is the stock . Well, the stock here is higher. A couple of things on why it might be higher. Right now, the profits did drop. The units delivered it was over nearly 1500 units and im sorry, a 36 increase in year over year, you still have relatively low Mortgage Rates and good day for toll brothers. Stuart yes, it is, 34 on toll brothers, here is a headline from the government bean counters themselves, this is the congressional budget office. The top 40 of taxpayers pay all of the federal income tax brought in by the Treasury Department in the United States of america. They pay it all. The bottom 40 actually pays nothing. In fact, they get some money back from the government in the earned income tax credit. Now, shah galani, i know youre a stock watcher, thats what you do, you watch markets, but im sure you pay a lot of taxes. Do you think its fair that the top 40 , including you, pay for everything . I dont know that its unfair in terms of the top 40 paying a lot of tax, but i think thats fair. Whats not fair is the redistribution, i think there should be means testing and dont forget, this report was 2010. I would hate to see what 2013 is going to look like. I think the difference will be even wider, but im not against, you know, folks who are making a lot of money paying a bit more in taxes, but what im against is weak distribution and this report is called the distribution of Household Income and federal taxes 2010 and it should be the redistribution and this is the problem i have with it, because i think that the average of close to 19,000 in transfers to the lower 40 . 19,000 per household and i think theres a problem there. Stuart yes, indeed. Shah galani, thank you for joining us, appreciate it. And Jeremy Kaplan, good stuff even though you dont like twitter and amazons drones. And good luck. When the drones come around. Stuart when the drones come around youll be around. Check the dow, 28 points just below the 16,000 mark. Then we have the architect of obamacare, zeke imemanuel. And yes, you can keep your doctor, but you have to pay for more him. Its the latest sticker shock after the break. I dont care what you say anymore, this is my life go ahead with your own life, leave me alone. announcer scottrade knows our clients trade and invest their own way. With scottrades smart text, i can quickly utheir quick trade bar lets myd 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. If every u. S. Home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes . 1 million . 2 million . 3 million . The answer is. 3 million homes. By 2030, investments in Energy Efficiency could help americans save 300 billion each year. Take the energy quiz. Energy lives here. [ engine revs ] [ male announcer ] the mercedesbenz winter event s back, with the perfe vehicle thats just right for you, no matter which list youre on [ santa ] h ho, ho, ho [ male announcer ] get the allnew 2014 cla250 startingt just 29,900. [ male announcer ] get the allnew 2014 cla250 so ally bank has a that wothats correct. Rate. Cause ireally nervous about getting trapped. Whys that . Uh, mark . Go get help i have my reasons. Look, you dont have to feel trapped with our raise your rate cd. If our rate on this cd goes up, yours can too. Oh that sounds nice. Dont feel trapped with the ally raise your rate cd. Ally bank. Your money needs an ally. You saw our greeting to nancy, its her birthday. Shes the director of the show and since today were christening a brand new set nancy has a tough job on her birthday. Happy birthday and just above 16,000, kind of the benchmark of the day and check the price of gold. Whoa, were up 30 higher at 1,264. Check the price of oil. Were up 88 cents, 98 a barrel right now and we are calling it sticker shock 3. First came the premium shock and then deductibles and now the Prescription Drug shock. You will be paying more out of pocket for your medication under obamacare, even if you have a chronic illness. And a Health Industry watcher with the Galen Institute joining us. I want you to put parameters on this. Does it affect a lot of people or a very, very small minority . This is going to affect a lot of people who are getting their Health Insurance coverage through the exchanges. One of the things many people are signing up for plans before they can actually even see the doctors and the hospitals and now, the Prescription Drugs are going to be offered through their plan. The people who are most concerned are people with chronic illnesses, like multiple sclerosis or now aids treated as a chronic illness, because the plans are having very limited socalled formulary, the list of drugs available for these plans. The drugs they may need may not be available and they may very likely either have to pay a very high copayment or pay completely out of pocket for these drugs. Stuart were the people who are affected by this change, were they getting those drugs entirely for free or entirely covered previously and now theyre going to get hit with a huge payment . When people could choose the plans that they wanted, they often chose plans that provided access to the drugs they needed at the most affordable price. Some people know that theyre always going to hit their deductible because theyre on expensive drugs, but for many of these plans, t costs dont count against the deductible so they pay every month over and over several thousand dollars. Thats new, stuart, and people are going, this is going to be a whole new level of sticker shock thats going to hurt people who most need access to health care, to these treatments and to the coverage. And they are going to find that these plans are much more bare bones in order to provide access to maternity coverage. Stuart right. And rehabilitative care that they may not need. Stuart its one problem after another. Chaotic rollout, we have got that. I want you to look into the future for us. I dont think this will be repealed. I dont ng that president obama would do that and sign any such legislation. How does it play out over the year . I think theyre waiting to get as many signed up as possible for the plans before they realize they are going to have to delay the individual mandate because they people are just not going to be able to get signed up for coverage. Theyre going to have to do this. They cant penalize people if they cant buy the plan. Stuart let me im sorry, i hate to interrupt you, but look, if they do delay the individual mandate, does that gut the whole process or does it it just puts off obamacare for a year, doesnt it . It does, until the 2014 election. The individual mandate is the center pole in the tent, stuart. If thats taken down, then the whole infrastructure starts to not work and theyre going to have to go back to the drawing board and those dozen or so Democratic Senators who voted for this, who are up for reelection next year, are going to be the ones, i believe, that are going to push for change, delay giving as many people an escape hatch as possible. Stuart lets supposing its delayed for one year, real fast now, will the taxes that have already been imposed be delayed . No, absolutely not. Stuart you see, that would give a huge shot in the arm to the economy. Repeal those tax increases and look what you can do. Grace, im sorry were out of time, but good on sticker shock 3. Your privacy gone, its not coming back. Every day you, youre being watched and my take on that instance. Private eyes are watching you they see your every move private eyes theyre watching you, private eyes theyre watching you, watching you, watching you, watching you my customers can shop around see who does good work and compare costs. It doesnt usually work that way with health care. But with unitedhealthcare, i get information on quality rated doctors, Treatment Options and estimates for how much ill pay. That helps me, and my guys, make better decisions. I dont like guesses with my business, and definitely not with our health. Innovations that work for you. Thats health in numbers. Unitedhealthcare. Two car related companies for you. Pep boys, the stock down 10 . A different story at autozone, profits rising and they say, believe it or not, cold weather helps their sales and that stock is up 2 1 2 . There will be no tailgating at the super bowl. What . How could that be . Whats the reason, security maybe . And Brian Kilmeade has the full story in our next hour, plus, we talk to the man arrested for plugging his electric car in for a charge and they arrested him and charged him with theft. And here is my take on privacy. Its gone. And its not coming back. The days when you could go about your business without prying eyes looking on are over. It doesnt matter where you are, walking down the street, inside your own house, doing your shopping, going to the bank, driving, messaging friends and family and messaging at work, making a phone call. In all of those locations, in all of those activities, you could be trapped, followed, observed, traced and yes, spied on. All of this, in my opinion, is a result of the technological changes weve seen in the last generation, specifically the internet which can be hacked, and the ubiquitous camera. Just about everywhere you go, a picture is being taken of you. Whatever you put onto the internet, its recorded somewhere. And this is what gets to me. The growing feeling that i am he a being watched and im being trapped. And you know what . Theres nothing that i or you can do about it. You want to live in the modern world, youve got to live with the electronic eye thats almost on you. And may get worse. What happens to our privacy when the era of the drone fully arrives . A enshrined in laws is the idea that citizens have an expectation of privacy. I no longer have that expectation. In fact, i expect my privacy to be intruded on. I think weve lost that shield. Im not blaming anyone, nothing ideological, but privacy is gone. Technology killed it. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u. S. . At t. Rowe price, we understand the connections of a complex, global economy. Its just one reason over 70 of our mutual funds beat their0year lipper average t. Rowe price. Invest with confidence. 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If you have any sudden decrease or loss in hearing or vision or iyou have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a 30tablet free trial. Tuesday, december 10th. 15 days until christmas and shopping disrupted for tens of millions of people and maybe thats why online is exploding. Moments from now, we have for you the electricity thief. He plugged his electric car into a schools power source and he has been arrested. No tailgating at the super bowl in new jersey next february. Whats with that . Brian kilmeade is here and so is the guy who will pay big bucks to rent your house over the Super Bowl Weekend. Yes, hes here. And actor paul sorvino is here and hes changed his mind about obamacare and Charles Payne on california where they, too, have turned on obamacare. Oh, how is this for an obamacare headline . As california wakes up this tuesday morning, californians like the bullet train more than they like obamacare, what . According to a new poll, just 43 of independents approve the plan to buy, to build the high speed bullet. And only 40 say they support the president S Health Care law. Maybe here is why. 900,000 Health Insurance policies in california have been canceled as a result of obamacare. Charles, the president has been touting california as a success and so has paul krugman, california is the social petry dish. If it cant work there, it cant work anywhere. Of course hes touting california. There was a piece and finley is a frequent quest. Charles they talk about ben of costa mesa, took him a couple of times to get on, one time six hours on and they have paper applications backlogged. A Million People just about have lost their policies and its not living up to the billing and here is the problem, word of mouth is what makes Something Like this successful ultimately and they aint going to get it in california the way theyve started. Stuart this is california. I mean, theyve never seen a republican that they like since ronald reagan. Charles and never seen a tax hike they didnt like. Stuart precisely. Charles the fairness doctrine rules. Stuart i think this is an indicator. If california turns against obamacare, it cant be long before the rest of the nation really, really no doubt about it. And definitely no doubt about it. Californians are the perfect test bed for this thing and its been a disaster. Stuart we like them, dont we . We always planted the flag in california. Stuart is sandra smith with us on this . Im here. Stuart shes coming up shortly, sandra, sandra, can you hear me . I can hear you now, whats up . Do you have any upon whats up . And they told me in my ear that sandra smith wants to make a comment on california which is now turned against obamacare. And do you wish to make such a comment . In a word, inevitable. It was inevitable. You know, hey, listen, at the end of the day what california has done and what it is doing, its unsustainable and when they see Something Like obamacare on their plate, they realize its going to put them more into a hole than they already are. Theyre going to get people turning against it, bottom line. Stuart wasnt that a superb adlib comment. And she wasnt expecting the camera, but thats genius. He can ch check the big board, please, now were down 14, and 16,011. Take a look at this. Americans net worth up nearly 2 trillion dollars in the latest threemonth period and the total now is 77 trillion. Thats a record. Charles, you have been telling people for as long as the show has been on the air to get in the game. Charles its all about ownership. Stuart its all about the stock market. Because the stock market is up. Charles the stock market is responsible for 900 billion. Housing values responsible for about 470 billion, its ownership, having a piece of the pie, and i dont know how they successfully did this, but they did under president bush when he suggested maybe we should have Social Security inside the stock market and everyone went crazy and of course we had the crash and see, see, we told you. Could you imagine if Social Security main was in, lets say the top 100 companies, where Social Security would be right now . The stock market would be a lot higher because it wouldnt crash all the time and americans could sleep better at night. And stop being a consumer only, no excuses, you smoke two packs of cigarettes a day, you could own something. Stuart and sandra, oil closing in on 100 a barrel, 98. 40. Whats going on . And this is despite the fact that we have plentiful Global Production right now. So, this is a demand story. Weve got numbers out of china on industrial production, up 10 . Last month, year over year, theyre consuming more oil. Right here at home were Getting Better than expected economic numbers and this is all feeding into the crude oil market right now and stuart, not only that, weve got a weaker dollar scenario pushing up prices, so triple digit oil is right around the corner and youre seeing it in a lot of the major analyst notes right now. And enjoy the lower gas prices while theyre still there. Stay there for a second. I want to go back to nicole at the new york stock exchange. General motors naming a new chief, first female ceo mary barra. I dont think there will be a reaction on the stock, but check, please. And the stock a 1 4 of yesterday a new high of 41. 17 and she beat out the chief financial officer, the gm north american president , vicechairman so she certainly had a lot of competition for this role. The other story about gm is a big one, is the government exited gm, leaves the taxpayers short about 10 billion of the funds so obviously thats not good news. Stuart you cant call it government motors. Yeah, you cant call it government motors any longer and from mid january on its going to be run by a lady. Nicole right. Stuart lets bring back in sandra and charles. A woman running General Motors, a huge industrial concern. Any kind of a big deal, do you think, sandra . Absolutely, both for women and for all interns worldwide. I mean, she started as an intern on the factory floor 30 years ago. Just goes to show you a real Success Story and how you can rise through the ranks like that and also, stuart, from the female perspective, she joins ibm, pepsico all run by women and get there on their own merit and i think this is a growing story here now to have a female chief of general mottrs. Stuart all right, sandra, lets bring in charles. Your thoughts, please. Charles i agree with sandra and i also think its good to have someone that other people can look up to. In this particular case, it might be young ladies out there, girls, who have someone to look up to. This society, one thing i do hear a lot from both sides of the political aisle is cant. You cant get those people to do this, those people wouldnt ever do this, you cant, cant, c cant, cant, when did we become the country of cant . And if im a young girl, id have a role model, you can in america. Stuart well said, charles. We have super bowl 48 two months away and if youre lucky enough to go to the game, youll need a place to stay. Why not turn in your hotel room for a few days in somebody elses house . I dont know why the judge is laughing. I want to rent the varney mansion. Stuart its not a mansion, its a cabana. Stuart what better way to make money than rent your home if its near the super bowl. It helps you rent your home for the big events like the super bowl. This morning we have the general manager of flip key joining us i think from boston. Eric, you do that . And lets take a typical nice suburban, new jersey house within five miles of the stadium, for example, three bedrooms, two baths. How much would the owner of that house get for the Super Bowl Weekend . For the weekend itself, you know, were looking at, you know, several thousand dollars per night for a place like that. We actually have a four bedroom place on flip key right now thats approximately five miles from the stadium thats renting for i think 6300 per night with a four night minimum stay so youre looking at and if you want to stay the entire week, 40,000. Stuart whoa. Now, thats a house that you are offering for just over 6,000 per night. Do you have any takers for similar homes at similar prices . Yeah, it really runs the gamut. Weve obviously got properties a little lower than that, but typically big events like the super bowl, provide a great opportunity for people who live in that particular area to be able to make, you know, several thousand dollars for a very short period of time, you know, in terms of the rental period. Stuart whats the down side risk, if i give you my house to rent out for the Super Bowl Weekend. Whats the down side risk, i know im making a decent amount of money, whats the risk . Theres really not a tremendous amount of risk. Obviously. Could trash the place. Come on, they could trash the place and get drunk or do whenever they do and trash the place. Theres some risk in this, isnt there . There is and you need to make sure to prepare your home. We always recommend, especially for someone who is new to this to go through the home and identify any valuable or irreplaceable items and store them in a lockable closet and you want to make sure you take precautions and a lot of our owners speak to guests prior to coming and make sure exactly what you refer to, make sure its not kids just there partying and so forth, but as long as you have a rental agreement in place and as long as you have outlined the terms from our experience, you know, we dont see real issues. Stuart okay. Like that. A lot of our owners require a Security Deposit regardless to cover accidental damage. Stuart interesting stuff. Eric, thank you for joining us, an interesting proposition there. Thanks. Thank you, youre welcome. Stuart a big name you know, yahoo hitting another, i think its another new high. Rbc likes it and raised the price target to 44. Thats the target for rbc. So, nicole, where is yahoo now . The stock had it a new high on the call from the analysts, 1 1 2 . And right now. The high was 39. 63 and the new price target 44 up from 38 and you know why they did this . They say that its a stake that yahoo has in alibaba and we dont know when it will go public, valued now at roughly 36 billion up from 26 1 2, and thats why they raised the target. And thats understandable. How about twitter . I think that theres a new high there. Tell me. A new high. Remember the ipo day was a busy one across 50 bucks. Well, today it just moved 51. 82. Thats a big deal. Stuart yes, its a big deal. Charles missed it, but 51. Charles . Im in yahoo though. Im in yahoo and alibaba yesterday made a huge deal with haier, an appliance maker, and distribution centers. Stuart alibaba is the chinese version of amazon. Charles amazon all of them. Its almost everything combined and then they made the deal with haier, and its a huge gigantic deal. Stuart and the bit that the judge wants to get into and im sure you want to listen to this. The and new reports that spying industries have entered the Online Gaming scene. Listening to chats of world of war, and another story related to that the fbi can hijack your computers webcam without your knowledge. Judge andrew napitano is here, and judge, i said earlier that privacy is flatout gone and its not coming back and i said the reason for that was technology. Cameras are everywhere and the internet is here and youre not agreeing. Im not cheering you on, im cheering on your eloquence, but not your logic, its not technology that defeated privacy, its absence of fidelity to the constitution of the government that defeated privacy. Your countrymen, George Orwell in 1949 when he wrote a terrifying novel called 1984, predicted that the government would use Television Sets in our homes to watch us in the room in which the Television Set was located and the critics panned this as the dilution of a paranoid. He was only off by a generation because his prediction was correct and it wouldnt be a Television Set, it would be a computer with an eye that can actually move as you move around the room. Stuart wait a second. Is that the society that we want . Hell argue that its inevitable. I argue if we stick to the First Principles and the writes we left alone and the thats prohibits this. And what happens im walking down the street and im on a security camera. The government is nothing to do with this. Were talking public and private. If you want to talk about public. Stuart whether im in the public or privacy of my own home, i can be watched. In london, a city that i love. There are more cameras per block. Stuart thats true. Than anywhere else on the planet. Stuart thats true. The second most populated with camera cities is the city of new york, because Mike Bloomberg loves london and wanted to mimic it. Almost all the cameras you see here are government cameras on private property. If the owners of private Property Side you know what, commissioner kelly, we dont want your cameras on our property, the government couldnt afford to put up the cameras it wanted to. Thats outside. And orwells story, your story is about inside. Were talking about the government entering your home against your will and without your knowledge and watching you moving about your home. Such a society is not inevitable. The American People can put a stop to it. You havent put a stop to it. Where is the lawsuit . Because the politicians think that they look tough when they permit it. You know what they look . They look like the totalitarians that we fought against. Stuart okay. Charles but the talk earlier eloquent. What would it cost me to rent the varney mansion for the Super Bowl Weekend . A lot. [laughte [laughter]. Stuart all right, judge, well return to this frequently, im sure. After the break, a man tries to go green briefly charges his car at a local school and hes arrested and spends 14 hours in custody. Weve got him, hes here. Youll here his story after the break. Oh, star of wonder, star of night star with royal beauty bright westward leaning, still proceeding guide us to that perfect light ya know, with new fefedex one re you can fill that box and pay one flat rate. I didnt know the coal thing was real. Its very real. David rivera. Rivera, david. [ male announcer ] fedex one rate. Simple, flat rate shipping with the reliability of fedex. Wow. Look at you. Ive always tried to give it my best shot. These days im living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. At first, i took warfarin, but i wondered, could i up my game . My doctor told me about eliquis. And three Important Reasons to take eliquis instead. One, in a clinical trial, liquis was proven to reduce the risk of stroke better than warfarin. Two, eliquis had less major bleeding than warfarin. And three. Unlike warfarin, theres no routine blood testing. [ male announcer ] dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis ifyou have an artificial heart valve abnormalleing. While taking eliquis, yomay bruise more easily and it m take longer than usual for any bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Ive got three Important Reasons to up my game with eliquis. [ male announcer ] ask your doctor today if eliquis is right for you. [ male announcer ] ask your doctor today every day were working to and to keep our commitments. And weve made a big commitment to america. Bp supports nearly 250,000 jobs here. Through all of our energy operations, we invest more in the u. S. Than any other place in the world. In fact, weve invested over 55 billion here in the last five years making bp americas Largest Energy investor. Our commitment has never been stronger. Its that time when the great Charles Payne makes money for you. This time hell make it for you with freight car america. What do they do. Charles they make freight cars and they make them, they make them. Listen, theyve had a tough go of it, but the company is coming along, real nicely. They came along in september and the next five years business should be extraordinarily great for these guys. Almost a portfolio stock not a flip. Something in a 4 o 01 k . Theres 10 short position on it, but fiscal for next year, the street 1. 21, and i think their business is going to take off. Stuart freight car america. Weve heard it. Thank you, charles. A man from georgia watching his son play tennis at the middle school decide today plug in his electric car to charge it, a nissan leaf. 20 minutes later after he plugged in his car, a Police Officer approached him and violated the law because it was considered theft. The officer did not make an arrest there, instead filed an incident report. Ten days later the man was arrested at his home and spent 15 hours in custody for what turned out to be 5 cents worth of electricity. Hes still facing criminal charges. This morning, we have that man with us. Lets bring him in and joining us from atlanta, welcome to the program. Do you think that they were making an example of you . Im not certain. I dont want to speculate about the Police Departments motives. Stuart well, did somebody complain . Presumably they saw you plug your car in at the schools power out let. Do you know if anybody complained. That i dont know. Stuart what was the attitude of the cops when they arrested you at your home. What did they say to you, what was the attitude . You know, they were just, you know, normal. I mean, they werent aware of exactly what the object of theft was, nor did i, you know, try to make a plea to the value of it. They had a warrant and they did their duty. I have no complaints about that. That. But well, what happens now, have you got a lawyer, are you going to fight this and point out it was only 5 cents worth of electricity . What do you do . Well, i mean hopefully what happens now is some goodwill come out of this, some good already has come out of it. From what i understand, nissan has volunteered or im sorry not volunteered, but donating some charging stations to the city of chamblee. I am an electric car enthusiast so the story is, i think, letting a lot of people know that of the low cost of operating such vehicles, i think many people, including the police, are misinformed ouch it co how much it costs to operate. Theyve misrepresented, im sure, not with knowledge, but misrepresented to the judge that the electricity was up to 25. Thats more than the actual value taken and people may think thats how much it takes. It costs about 1, 2 to fully charge the car. Stuart oh. And ive got to leave you, im flat out of time. Thats interesting, the fact that it costs a couple of bucks to fully recharge the car and off you go, that we didnt know. Kaveh. Thann you for joining us, thats an interesting example. We appreciate it, thank you. Thank you very much, thank you. Stuart and anchorman 2, brilliantly marketed. Why . Because the marketing is virtually free. After the break, will productions like this change the way movies advertise . You are one of the great quarterbacks playing the game today and youve had a lot of success and yet youve done it owl without a mustache and you run around out there and to be honest with you, you look like a succulent baby lamb. [ male announcer ] if we could see energy. What would we see . The billions of gallons of fuel that get us to work. Wed see all the electricity flowing through the devices that connect us and teach us. Wed see thatlmost 100 of medical plastics are made from oil and natural gas. Anan industry that supports almost 10 million americanobs. Life takes energy. And no one applies more technology to produce American Energy and refine it more efficiently than exxonmobil. Because using energy responsibly has never been more important. Energy lives here. Energy lives here. And our networks are getting crowded. T if congress, the fcc, and the Administration Free up. More licensed wireless spectrum, we can empower more. People to novate, create new technoloes and jobs. And strengthen the economy. America is the worlds leader in wireless. Free up linsed spectrum today, so wireless. Lets ke it that way. Can do more foamerica tomorrow. Stuart starbucks, one of the biggest losers on the s p 500 today is up 500 for the year but down 2. 5 as of now. Gold up about 3 . Taking mining with it up 3. 8 . Time is money. Here are the other headlines we have for you. San francisco, protesters blocking a private google shuttle bus taking workers to googles headquarters. Locals feel they are being squeezed out by the incoming high paid techies. Minard dicaprio teaming up with a racecar company to drum up publicity about alternative energy. And competing with Washington State producing the newest jet. The state often the biggest tax break will likely get bowlings business, unionize or otherwise. New movie anchorman 2 not out for another week but already generating a ton of buzz thanks to what i will call brilliant marketing. Its asterisk will ferrell appearing in character to sell products even host local newscasts and espn newscenter. If i am advertising a movie and i buy an ad in the new york times, i pay for it. If im advertising movie and put an ad on cbstv, i pay for it. But if i get out there with my star on facebook and local news, i dont pay for it, that is why it is really at marketing, isnt it . Yeah, that is one of the reasons. Dont forget ron burgundy did 70 dodge commercials, dodge paid for that. And the youtube videos. It is brilliant. Stuart do you think you can do that with other products or movies or services . Use a star to be in the commercials, have somebody else to pay for those commercials and the star advertises another product, is that possible . I think what youre seeing right now is a moment that marketing is about to change dramatically. Not only for movies, but across the board. What the companies have figured out is there are a lot of ways to reach the audience. It used to be money was currency, but today what were finding is attention is currency. Using the ron burgundy character, the movie producers are able to get attention on so many different places and other companies are paying attention because this is going to be the future. Stuart it occurs to me will ferrell, he is clearly the star. He is drawn the attention to him. He is putting life into this character, ron burgundy. It appears to me he has got to be making a ton of money out of this. I dont know dollar numbers, but that has got to be the case. I think his q score goes up and up and up. He is reaching out to lots of different niche is. He was on sportscenter in character, he was on the canadian olympic curling trials. One of the funniest ones was a video congratulations to the irish actor that was picked for the lead role in fifty shades of grey. One movie promoting another movie, but it all comes back to will ferrell to ron burgundy and building this brand. Stuart is i it going to go that far . Yes, i am. What they have done is look for every different niche they can stick this brand into. We talked about the silly things, but there is an exhibition at the museum in washington, d. C. , of ron burgundy. They looked high, low, the middle ground, they looked everywhere they could. You can say they have, 360 degrees brand, reaching all the test points, but i think in this case these guys have done it. Stuart thank you very much, indeed. After the break, he once supported obamacare. Now he has turned against it. Find out why because he is here after the break. [ male announcer ] what if a Small Company became big business overnight . Like, really big. Then expanded . Or their new product tanked . Or not . What if they embrace new technology instead . Imagine a companyfuture with the future of trading. Company profile. A Research Tool on thinkorswim. From td ameritrade. So i deserve a Small Business credit card with amazing rewards. With the spark cascard from capital one, i get 2 cash back on ery purchase, every day. I break my back around here. Finally soones recognizing me with unlimited rewards meetings start at 11, cindy. [ male announcer get the spark Business Card from capital one. Choose 2 cash back or double miles on every purchase, every d. Whats in your wallet . I need your timesheets, larry stuart start with lululemon, please. The founder is stepping down as chairman. Met a lot of controversial comments about womens bodies and gave a tearful apology, now he is stepping down. Charles, that fits the bill, doesnt it . Charles yesterday we saw abercrombie and fitch double down on a guy who has insulted everybody on the planet. One did see theres a few more niche inhumanity that he missed. I think he diddthe right thing. Stuart the stock is at 70b at charles now he needs to find a product that works. Stuart i am going to give you todays obamacare headline. Number one, we will call it sticker shock. You have the premium shock, deductible shock, now the Prescription Drugs shock. You will be paying a lot more outofpocket even if you have a chronic illness. Many people will pay more. Next, californians like the what train more than obamacare. A new poll shows only 40 support the president S Health Care law. Also, 900,000 Health Insurance policies in the golden state have been canceled as a result of obamacare. Joining us now, he used to support obamacare, as i understand you do not any longer. You have withdrawn your support. How can you not . It was not well thought out. I like mr. Obama, think hes a good man and his heart is in the right place, but he was ill advised. The entire construction here is silly because you get sick you should go to the doctor, the government should pay. The government is the primary provider of last resort anyway. In flood or any other way the government will pay, it should be taken out of our taxes. It is such a complicated mess. Stuart when somebody like you in your position turn around and says obamacare is a mess, we cannot have this, it makes headlines. It is obvious. I am not a member of any particular group, hollywood leader or any other. My thoughts are my own, their te based on my own readings of the paper like everybody else. The fact of the matter is it doesnt make sense and when something doesnt make sense, it doesnt matter who made it not make sense. In this case mr. Obama was ill advised, the country was ill advised to pass it. Stuart you think we should repeal a . Absolutely. I dont think you can repeal it. You have to hone it down. It has to be narrowed down to a singlepayer situation. Because nothing else will work. Stuart is there a single item in the news that made you change your mind . We have the appalling rollout, the cancellation of millions of peoples policies despite the fact that they want to keep those policies, they are canceled. It has been rolling from one crisis to another. Did something break the camels back for you . No, all of it. The main idea here is why should you be told you must buy insurance . That whole concept is where it fell apart for me. You should have insurance. Stuart that is the whole point of president obamas presidency, pushing people around. Forcing them to do this it wednesday themselves. The government has to do some things people wont or wants to do for themselves. We should force people to wear helmets and motorcycles, where the seatbelt in the car, saving numerous lives. There are things the government does better and there are things people in a certain way have to be herded into doing, but this is one of those cases where it has been a tremendous boondoggle for the Insurance Industry because they went out and stay in power and get the money. The reality is this should be a government situation. The bill is paid by the government. If you cant pay something toward it, the government pays all of it. Stuart we always think of you guys as on the left. I dont know if you are on the left or not. I am neither left nor right. Stuart but the industry is. I am where logic lies. Stuart you know your fellow members in the industry, are they turning around a little bit over obamacare . I wish i could answer that with real scholarship but the fact of the matter is anybody with half a brain will understand this is a huge mistake. You have to see it, it is hurting too many people. It is making it too difficult. Stuart are you make your voice known in washington . Do you have political connections . My opinions are as valuable as the next person, the plumber or electrician living next door to you. Stuart one last one, how do you feel a pang have your income in taxes . Because you do. I believe in a flat tax. I believe 20, 25 everybody pays. And were done with. Charles with the giant government programs, use of force, 20 will not be able to cut it. If the government will pay everything, five tax would be like 70 . I think that is another discussion for when we have more time. Stuart you are going to cc. I am an opera singer. Charles in the middle of dinner he stands up about 12 years ago, nathan. I wish i could go to the concert. I will give you one note right now. Stuart do it. Stuart that was pretty good. Fantastic, thank you very much, indeed. A pleasure. Stuart call it the no fun league. The nfl. They banned tailgating at the super bowl. Why . That in a moment. vo you are a business pro. Maestro of project management. Baron of the buildout. You need a permit. To be this awesome. And you. Re from national. Becae only national lets you choose any car in the aisle. And go. You can even take a fullsize or above, and still pay the midsize price. aaron purrrft. vo meeeow, business pro. Meeeow. Go national. Go like a pro. Stuart how is your 401 k looking . Americans net worth u up 1. 9 trillion in the last quarter. Look at that. Check the markets now, only down nine points. General motors naming ceo replace the current chief and will be gms first ever female ceo. The stock is down a fraction bid no stopping twitter. The stock hitting a new alltime high today. 52 on twitter. Pep boys down big. The stock down 6 . Different story of its competitor, autozone. Another one in the auto industry. Profit rising. Cold weather helped sales . That stock is up 4 . Up next, the super bowl, no tailgating. Why . Say it aint so. Stuart just happening now, the sec has voted unanimously to impose the volcker rule. Fdic has voted unanimously to put in place the volcker rule which would have placed severe restrictions on trading by investment banks and the big banks. By the way, Goldman Sachs at a new high today in part on that news. Starbucks and nicole. The stock is down big, but can you tell me why . Nicole i was reading a note from my analyst looks into starbucks and the like, sales are slow, they have had two great quarters, but thats now sales momentum may slow and with that the stoc stock dropped. I am a big fan, gol gold card hr from 2008. I was one of the first ones to actually get that. And you have to earn it, you dont just to get it. Stuart thank you. Charles is here to make us money. Nicole hardware stuff, transmissions, the microwave, radio frequency microwave. I dont want to sound too crazy, just picture a word that is simple. One of these companies yesterday up in their buyback, the street like that, a string of earnings, almost beat every single time and just one of these performances the stock is making a nice break today. Still relatively cheap. Stuart you are such a traditional guy. There will be no tailgating at this years super bowl at metlife stadium. Is that really the super bowl . Brian kilmeade is here with more on that. It is not just no tailgating. You cannot walk to the stadium to watch the super bowl. If you take a car service, the car service has to stay there to take you home. What is with all these precautions . It is all about security. Mass transportation is the way to go. I have been to 17 super bowls, never as a fan, always working there. I missed the minnesota super bowl that the cold winter cities who had a dome. Metlife is saying it, new england, chicago looking at this with openair stadiums saying football is meant to be played in the cold, they dont complain about it. People will spend a lot of money to be part of a historic event like a national holiday. I dont have a problem with that. I have a problem with the tailgating. You have to get there early because you dont want to miss a minute of the game plus a lot going on inside, but i think if you have a pickup truck, why cant you put it in the pickup truck . The concern is taking up 2 spots. But you pay a lot of money, you will not be rude about it. Throw a badge on them and people will pay attention. I find this unnecessary. Stuart after the boston bombing during the boston marathon, isnt that why you have this intense security at the super bowl in new jersey next year . I think the most secure super bowl i saw was new orleans after 9 11. They looked at joe montana and said excuse me, i need to see some id. They were not taking any chances. They got a bit of a system going. I dont give a marathon is playing any additional role and i actually dont think if you are a terrorist yo using the super bowl is bigger than an average game because it would ricochet throughout the nfl and all sports if something were to happen. It is an overcompensation but tailgating has become a sport itself, that to me is a huge pr mistake. Stuart lets see if the pressure and the outrage, lets see if it pays off and that rule is repealed. Nobody could withstand the type of pressure you are going to put on the nfl, stuart varney. Stuart thank you very much, indeed. Alan grayson outspoken critic of wall street, outspoken critic of anybody else with any money loses millions of dollars on a bad investment. The full story is next, but first, this. Megan kelly on jay leno commenting on a living wage. Understand both sides on that because it is tough to make a living 7. 25 per hour. But the other side says if we mandate 10 per hour, there will be fewer jobs and companies will not be hiring. Apparently amount of Economic Data supports it according to the wall street journal. I like the system when i was in College Teaching aerobics, another life and another body. But i used to do telemarketing on the side, that is a job you get paid depending on how good you are. Thats correct. Cause im really nervous about getting trapped. Whys that . Uh, mark . Go get help i have my reasons. Look, you dont have to feel trapped with our raise your rate cd. If our rate on this cd goes up, yours can too. Oh that sounds nice. Dont feel trapped wit the ally raise your rate cd. Ally bank. Your money needs an ally. If hey breathings hard. , know the feeling . Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. Spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder do not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostat these may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. Tonight, afghanistan has agreed to a new cooperation deal with iran as a field to sign a deal with america. A chinese Aircraft Carrier steaming into the south china sea, colonel ralph peters on americas global challenges. Lou dobbs tonight 7 00 eastern. Join us. Stuart talk about irony. Florida democratic congressman wellknown for reigning against the rich and capitalism lost 18 million in an Investment Scheme that involved more than 100 victims. Charles, dont think we got the full story here, what can you add . Charles number one, this is the second scheme like this he was involved in. The first one was the same business auto promised this is a way around paying Capital Gains taxes. Stuart he rails against it. Charles the guy who rails against capitalism wants to destroy the 1 . They give you a loan, you dont sell it, they give you a loan against the money. You dont pay the taxes. Now the other part about it i think people need to look into, in 2007 he had over 9 million worth of stocks. It went up 147 . 2007 a cusp at the top, the market crashed. From the january low. Not from 2007, what stocks was he holding . Do they benefit from his power or government regulations, i want to know what stocks this guy was holding and why they went up so much. Stuart well said, because we dont know the whole story. The shock value as a man like him has 18 million to lose me first place place and getting around Capital Gains tax. Charles in the same scheme, where is he getting this cash . Stuart we will hear more. Your take on your loss of privacy is next. Yep. Got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. So i kn untilt was full. Youd be crazy not to. Is tt nana . [ male announcer ] fedex one rate. Simple, flat rate shipping with the reliability of fedex. With fidelitys options platform, weve completely integrated every step of the process, making it easier to try filters and strategies. To get a list of equity options. Evaluate them with our p l calculator. And execute faster with our more intuitive trade ticket. Im greg stevens, and i helped create fidelitys options platform. Its one more innovative reason serious investors are choosing fidelity. Now get 200 free trades when you open an account. Last hour i gave you my take on a loss of privacy. When you could go about your business without trying guys looking on water over. Here is your take a. Sam says it is police use of technology that is killing privacy like blaming the gun for killing someone and mark says Technology May have improved our lives in some areas but will never have the same privacy and freedom we once had. Thank you for your comments. I tried to say i get the feeling, and anxious feeling that i am always being watched, always being tracked in some ways by cameras or on the internet. Charles i agree with you. The move the minority report as you walked past a billboard that knew you were and shot out an ad designed for your taste. I agree with the judge that we can control who views that information. It is out there but do we have to let the government take it from us . Stuart connell mcshane, yours. Connell we are dealing with important topics today, banks turning banks upsidedown, the ins and outs of the new rule named after fed chairman paul volcker. Double or ruled in effect. Another big story today would be the Glass Ceiling shattered in the auto sector. F general motor and what she may bring to the table. More snow this winter, these cold snaps have an Economic Impact especially in the heartland. Details coming up and the handshake that has managed to make headlines this morning. Could this moment between president obama and the leader of cuba lead to something bigger in economic relations between the two countries . We will talk about that and more as we get going on markets now. Good to have you with us o

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