Transcripts For FBC Varney Company 20140217

Even secretary of state john kerry is jumping on the Climate Change band wagon. Roll it. In a sense Climate Change can now be considered another weapon of mass destruction, perhaps even the worlds most fearsome weapon of mass destruction. Charles and called the Climate Change deny the flat earth he society. This is leading up to a big giant tax. Everything is a big giant tax with the democrats concerned. This is a slap in the face to everyone who died in 9 11, all the emergency workers that went in, anybody affected by terrorism. For him to sit there and say because the sun is a little too hot according to al gore is the same thing as a terrorist coming in and spreading fear and havoc amongst us. I think that john kerry should be ashamed of this company and i hope he gets the backlash, this is an irresponsible comment. Charles the president of the United States said in the state of the Union Address said there is no Climate Change debate. This is a man made phenomenon and we must do something about it right now, wink, wink, higher taxes, higher fuel bills and energy bills. Thats one thing we know about this president he only watches i guess one news source because every other news source is still having the debate, especially those reliable like the one were on. Charles i hear you. Stimulus working, right . Not if you look at the participation rate. It was 65. 8 back in february of 2009. It fell to 63 last month, 800 billion dollars later. Thats what weve got. At least the president thought it was funny. Roll this. Shovelready was not as shovelready as we expected. Charles and president obama got a nice chuckle out of that. And lets go to peter barnes in washington where theyre still arguing whether stimulus worked or not. Peter, whats going on . Well, charles, five years ago today president obama signed his 787 billion dollars economic stimulus bill into law and five years later the debate still rages about its effectiveness. The president and Many Democrats say it helped to bring the economy back from the brink of another great depression, helped to save or create millions of jobs that might have otherwise been lost. Republicans and critics say it spent money on the wrong things. Did little for significant job creation and unnecessarily burdened the taxpayers with more Government Debt and cost more than originally estimated. 830 billion dollars. Critics note among other things it helped invest in Companies Like solyndra which went bankrupt and cost taxpayers over 500 million. They say that the stimulus act did not bring unemployment down to 5 by the end of 2013 as promised in this famous chart we all saw. Remember that . I remember that. You got it. It was 6. 7 at the end of the year and charles, one of the architects of the plan, white house economist christina roamer said that in late 2012 her biggest regret about the stimulus bill, it wasnt big enough. Charles well, you know what . Peter, here is the thing, there was nothing newdealish about it and nothing that stands out with that respect. It wasnt eisenhower, roads, projects which we were told or hinted it would be. There was no hoover dam. There is nothing you can really pinpoint as a success and af i got to tell you the white house put out a report and put out a new metric. 6 million job years. So, thats a fulltime job that lasts for one year. So, essentially theyre saying they created a bunch of temporary jobs. We have a term in washington, its called mego. It means my eyes glaze over. Charles i hear you. A lot of things have glazed over recently. Peter, nice see you. Charles, thanks. Charles yes, the markets may be closed, but there are big headlines out there. How about this one, a possible tesla Apple Partnership . Were going to explain next. [ male announcer ] a body at rest tends to stay at rest. While a body in motion nds to stay in motion. Staying active can ease arthritis symptoms. But if you he arthritis, this can be difficult. Prescription cebrex can help relieve arthritis pain and improve daily physical function so moving is easier. Because just one 200mg cebrex a day can provide 24 hour relief for many with arthritis pain. And its not a narcotic. You and your doctor should balance t benefits with the risks. All prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. They all may increase the chance of heart attack or stroke, which can lead to death. This chance increases if you have Heart Disease or risk factors such as high bloodreure or when nsaids are taken for long periods. 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Yourink to whats next. We are thinkers. The job jugglers. The up allnhts. And the ones who turn ideas into action. Weve made our passions our lifes work. We strive r the moments where we can s, i did it we are entrepreneurs who started it all. With a signature. Legalzoom has help start over 1 million businesses, turning drmers into Business Owners and were here to help start yours. You were with me all the while all right. Im getting mistyeyed here. Youve been with us from the beginning and its a great success. One week from today we hope you continue to follow us as we make our big move. Varney Company Expanding to two hours, its 11 a. M. To 1 p. M. Eastern time. Same great show, same great, crazy cast of characters and new time, hope to see every single one of you there. Fox news. Com tech editor Jeremy Kaplan is with us, weve got a whole bunch of things to talk about and headlines first. Apples chief of mergers and acquisitions met with teslas elon musk its a secret meeting, but talk of a partnership or something more. Thats intriguing, but we want to talk about the idea of these two behemoths getting together. Theres reports that theyre actively talking instead of suggesting you guys should look at that. I think it works on both sides. I think its for apple the brain trust since steve jobs passed away and elon musk, the genius and you say the industry has been talking about it. From the laymans point of view, you dont see the connection. One Company Makes electric cars and the other theres always the idea that there would be synergy there . Not synergy, but genius, but you need with a company, a ways to think of fresh things. Charles even though its a tech company. Elon musk probably holds a lot of the cards here. What youre buying with the company is is one guy. And like with apple it was a vision with one man, the ipad and the iphone, ham pred i dont want to say theyre hampered, but theyre a big company. And he hasnt litany fires. He comes on stage and everybody yawns and theyre struggling. A lot of people think its the cheapest stock in the market because theres no charisma, no new new thing. And everybody keeps talking about an iwatch. Are they going to do an iwatch . It feels like its anticlimatic. And if its better than the iwatch that scotty tried to get me to wear. Whats the apple, kindergarteners can identify it. But tesla, not a lot of household name recognition. Is this a reverse benefit for them . Thats a great point. They could use benefits and there are reports of challenges that some of the cars might have and well, some of the cars could be catching fire and is there an issue with the company in general . Its a trust. And on friday didnt stop the stock from playing around the 200 mark. I think the fire story may have played out right now. Do you have Something Real quick . Its not just tesla, thats the meeting, but lets talk about the other brands, and the hyper loop and all of the innovative ideas. So i think this is the beginning of something much bigger and tim cook has promised new devices and new updates for apple. I doubt it would be that fast. Charles ladies and gentlemen, this is jo ling kent. Glad you weighed in. And elon musk is the big brain and innovator that apple needs. Next for you, jeremy, you were big on this Wearable Technology thing, but the fitbit bracelets tracks activity and gives you information. And i heard about the rashes. Do you have the fitbit rash . Growing pains. Charles and this is going to be the topic of dating, do you have the fitbit rash, wear it as a badge of honor. I think its a small thing, its the manufacturing issues that theyre having and chemicals in there reacting with a few people and im optimistic that the company is going to move past it. Charles okay. In the meantime, watch out for those. Youve got the band, and we havent had any issues with them yet. Charles interesting, i think Weight Watchers reported earnings and said that they blew it. The stock got crushed and they blame things like the new fit bands that are destroying their model. Rash or not, its been a success. And another one for you, jeremy, google bought slick login that makes sound based password systems. Explain this to us. Its kind of mystifying, right . There are a lot of different ways you can identify people. I read the other day that ear wax has a lot of personal information, it can detect your piet. Beyond voice recognition, besides password. Intriguin intriguing, replace your password with your voice. And the target scandal, every day feels like another massive breach of our security on the internet. So, it might be, it might be worth it, i dont know. It sounds convenient if you have an issue like do i with siri, i hope this one will like me more. My siri and i have daily debates. Charles and the rest of them will be more. And the famous marty mcfly lace up sneakers. You remember back to the future, jo ling, youre too young, you dont remember it, but oh. Charles do you remember it . Of course. Come back to me when there are hover boards. Charles the hover boards were cool. But its interesting, though, a lot of times life imitates art. In this case the movies. We almost all of these things were starting to see that are coming to reality we saw in the movie before. Like sometimes ten years ago, sometimes 20 years ago and it feels like the old axiom if we could imagine it even in a movie or a book, at some point man can make it come to fruition. Oh, yeah, remember the tom cruise minority reports, the big panels. People are working on those. Elon musk is working on those. Might be the apple version. And kick starter and the online fund raising, they say the hackers access user names, emails, addresses, phone numbers, even pass words, but didnt get your credit considered information. Jo ling kent is working on that. It was wednesday night and they announced to customers, donated to kickstarter campaigns and got an email on saturday saying dont worry everything is okay, but youve had your information hacked and Everyone Needs to go on and change passwords. The question is the larger phishing issue and last week we found out about the target thing, that phishing led to the security break. Charles explain what phishing is. Malware laced email and the credit cards were not accessed, but was there Something Else behind it that allowed people to get information that could be used to get your Payment Information later on . Its accessed from one similar pot of information at ki kickstarter, its linked to a lot of famous peoples accounts and big movies and small nonprofits causes, it could have tentacles in many places. Charles i remember when the target thing broke, initially denials, we didnt lose this, didnt lose that and eventually we found out theyd lost everything. So people should be concerned with this if youre involved with kickstarter. Be concerned and do everything that everyone tells you to do. Check your accounts and change your passwords. People see kickstarter as a safe place to raise money. Charles im getting the wrap signal. Can you tell me what are some of the things youve donated to. Some of the art projects my friends are working on and theyve a lot of companies that spun off from the idea and working on it. Charles jo ling, thanks a lot. With the snow and ice covering the country, people are thinking of ways to get away. Has it helped or hurt the travel industry. Bob lanier is joining us today from sunny miami. Okay. Bob, ive heard some people say that they put off travelling during this whole polar vortex month that weve been in, almost two months. And some say they want to get away from it all. Tell us where we are right now . Well, actually travel is fairly strong, it tons of people are travelling, especially of course people in the cold areas want to get away and visit down in miami, visit the florida keys and other warm destinations, but travel is definitely up. The demand is up. So, thats very good news to the travel industry. Charles what are the things driving this . Because it seems pretty interesting. I see where expedia, which i think is your parent company, has done extraordinarily well and priceline has done well. And orbitz, their stock had a gigantic percentage move. People are doing more travelling and looking for values. And theres getaroom focuses on flash sales and travel vendors are reaching consumers using the latest technology to get them special deals. What flash sales do, that a hotel will put on a special sale for a limited period of time. Say, you have four hours who are 12 hours or 24 hours to book it. You can usually stay whenever you want, but theyll give you a great deal to make a decision right now. Now, vendors are also using email personalization, theyll send you a specific email for places you want to go based on your travel habits, but because of all the Great Technology right now, travel vendors can really get you deals quickly, show you where the deals are and people love it take advantage of the special offers and thats whats going on. People are booking special deals, people are going, and theres not been a lot of new construction over the last several years for lodging. And so, as demand has picked up, supply is limited. That means theres compression, which means prices tend to go up. So, now, what were telling people now, book as far in advance as you can, dont wait until the last minute because its busy out there. Charles it is, bob. Listen, well let you go and i will admit im very jealous and envious that youre in miami and im in the frigid cold and i may have to go on your website before the day is over. Come visit here, lots of people travelling and great deals. Charles we know that, thanks a lot. The legal pot business, you want to talk about Something Else exploding, Recreational Marijuana now legal in two states. After the break, one person who hopes to cash in to this. All i need is the air to breathe and to love you all i need is the air that i breathe [ male announcer ] youre watching one of the biggest Financial Services cpanies in the country at work. Hey. Thanks for coming over. Hey. [ male annouer ] how did it come to be . Yours . Not anymore. Its a very short story. Come on in. 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It doesnt offend me, but we like to call them water tools. [laughter] im sorry. Water tools. Charles go, im sorry, its a great. Well, a bong, a fancy bong, it has certain connotations and we want this to be used as a medical device and we want new gno nomenclature. Charles is this something you thought about . No, ive been vaporizing since 1997. The Items Available did not work, and finally i took many apart and saw how they were made and viperizing is supposed to be better for your health and i looked inside and many didnt separate the air path from the electronics, so inhaling that, along with your medicine, could be potentially dangerous, so we wanted to take it from the beginning and redesign a vaporrize er from the ground up. Charles its not just for medical marijuana there are a whole lot of other applications . Absolutely. My father is an herbologist, and we have different blends and lavender, peppermint, ginseng. And we like to compare it to an herbal red bull. Instead of drinking it through your g. I. Track. Have a few inhales of the ginseng you can feel the energizing. Charles or as they said in my neighborhood, straight to the head. Lets talk to the marijuana, the legal medical marijuana thing, thats really where you start to see dollar signs . I saw dollar signs, but this is actually a project of passion for me. I myself am allergic to alcohol and gravitated to medical marijuana for injuries and that would be the healthiest ways for people to consume medicines. I dont know any other medicines to smoke or combust and we thought it was safer. Let me ask you quickly, medical marijuana cant you take a pill form, doesnt have the same effect as doing it like this . Thats a question good. Theres a thc on the market and theres a hundred different c canavanoids. Youre talking about medicinal purposes. And how do you feel about recreational. You cant guarantee theyre using it for medical purposes. Do you feel you could be used because you have good intentions for those that are doing it for Recreational Purposes . I think thats a very good question. At the end of the day youll have people that abuse prescription drugs or anything else, but our thought process is if youre a medicinal user or recreational user or someone abusing it at least theres a weve got a lot to explain next. [ tires screech ] [ car alarm chirps ] [ male announcer ] we dont juscertify our preowned vehics. We inspect, analyze, and recondition each one, until its nothing short of a geine certified preowned mercedesbenz for the next new owr. [ car alarm chirps ] hurry in to the mercedesbenz cerfied preowned sales event. Visit today for exceptional offers. [ male announcer ] how could a luminous protein in jellyfish, impact Life Expectancy in the u. S. , real estate in hong kong, and the optics industry in germy . At t. Rowe price, we understand the connections of a complex, global ecomy. Its just one reon over 75 of our mutual funds beat tir 10year lipper average. T. Rowe price. Invest with confidence. Request a prospectus or summary prospectus with investment information, risks, fees and eenses to read and consider carefully before investing. Remember when we told you about the ambassador to norway being unable to answer questions to the country he was appointed to . Take a listen. Generally norway has and is proud of having a very, open, transparent democratic parliamentary government. Charles as it turns out, norways actually a Constitutional Monarchy rather than a democracy and it didnt end there. The ambassador to argentina acknowledged he hasnt set foot in the country and isnt fluent in spanish. And it seems the only requirement is to be a big time friend and funder of the president. Jay carney, it doesnt paraphrasing, it it doesnt help you, but it doesnt hurt either. Thats the way the administratiill say about pres in the First Administration he only had about 37 of the appointments big donors to the campaign, however, in the second term. 53 ands continuing to make mistake after mistake. Charles and this guy from argentina raised half a million. Robert parker, raised for iceland. Never been there before. Youve got colleen bell, i think she did the bold and beautiful and gone to hungary and called the ruling party extremists. Theyre going there because they bundled a bunch of money. Doesnt it diminish the need for ambassadorships . To their defense they say they go to Ambassador School for a couple of days and it would help if they new the language. Well have turmoil in countries we never thought wed have to deal with and makes the ambassadorships more important and we should put people who are competent and represent the United States. They used to have the 70 30 rule and 70 of the ambassadors were diplomatic and 30 were bundlers and went to the smaller nations. Theyve flipped it on its head. Thank you, scotty. And creating awnton abbey econom summewt itns. And tj oshie creating a name for himself at the olympic and how much can the sport of hockey cash in . Weve got Marsha Blackburn here and shell help us with a new fresh hour of Varney Company next. [ female announcer ] youre the boss of your life. In charge of long weekends and longer retirements. Ask your financial professional how lincoln financial can help you take charge of your future. Like carpools. Polly wants to know if we can pick her up. Yeah, we can make room. Yeah. [ male announcer ]. Office space. Yes, were loving this communal seating. Oh, its great. Yeah. [ male announcer ] the best thing tohare . A data plan. Our best value plans ever. For example, you can get 10 gigs of data to share. And 5 lines would be 175 a month. 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You cant make this stuff up. Larry summers, former treasury secretary under president clinton and former Economic Advisor to president obama making an unfortunate and seriously inaccurate analogy about income inequality, saying that america faces a quote, Downton Abbey economy, with a sharp increase in income and family incomes dont. Sandra, your position on this . They were the creators of their time. If anything else Downton Abbey, not only did they have the responsibility of creating jobs and referencing Downton Abbey, so many people watch the show, they found they were wonderful to their people and they were in a way, social workers to the people that worked in their home. So, i think if anything, that helped resurrect the few that the 1 , you know, they were responsible for creating a lot of the jobs during that time. I guess so. And they are today. If i was to sort of, you know, if i was a friend of Larry Summers and trying to help spin this, old europe was known as a place where the rich stayed rich and poor stayed poor. And when tollfield came to america, everybody he bumped into thought they woucould be r. And if you werent a noeblt oa nobility or a friend of nobility, you didnt. And in Downton Abbey, werent people that built up the business and they were respected in their time of putting people to work. And in the show theres upward mobility and they can grow and they encourage it, not discourage it. This comes after social media blew up this weekend over comments billionaire sam zell made about the 1 quote. The problem is that the world and this country shouldnt talk about envy of the 1 , it should talk about emulating the 1 . The 1 work harder and theyre much bigger factors in all forms of our society. I know youre a fan of sam zell. I am. Hes a chicago guy and a guy whos worked hard his entire life to and guess what, hes finally coming back on all the targets on the 1 saying, hey, a lot of the 1 worked hard to get where they are and it didnt happen by luck. It didnt land in their lap. Unfortunately, its being perceived as those who arent in the 1 dont work hard, charles. Hey, guess what . Hes shooting back and firing back as youre saying, its finally good to hear these guys. Charles i love the fact that hes fighting back now. And you hear the mainstream media, the 1 are paranoid people, were are they freaking out . To your point, theyve worked hard and they have coat tails and are stories that used to inspire us. Thats what hes saying, we can learn from the rich and he specifically said that, were victims of intolerance, referencing the 1 , that its politically convenient now to blame the 1 for the countrys problems and i think those are two big things that hes hitting on. We have congressman Marsha Blackburn here, income inequality is the battle cry of the left. Theyve got the platform and the soap box and theyre pushing hard on this and i think theyve been successful with respect to main street. A lot of people are starting to feel like, you know, maybe the 1 have it all and the tables are tilted in a way where we can never succeed. You know what is happening, people have always appreciated that in our country, the status of your birth does not determine the outcome of your life. And they like that, they believe in the american dream. I do want to jump in because i dont disagree with you, but do you think that he recently thats continuing to change . I do think that what people are doing is looking back at what has happened over the last few years, and when you talk about income inequality, what so many people will say to me, i dont want it talk about minimum wage, i want to talk about maximum wage. How do i earn the most that i can possibly earn. And theyre also beginning to look at what has happened since president obama took office. Wage stagnation. And their buying power is going down and their wages are going down. The or day i was out in my district in some of my counties and somebody said, tell me how theyve changed looking at the Consumer Price index and saying whether or not we have inflation. I feel inflation in my life, but i listen to it tv and theyre telling me, oh, there really is not a lot of inflations, but thats not right. See, people are figuring this out and i think its why theyre not trusting what theyre hearing coming out of washington. Politics of fear, envy and hate are despicable and ultimately do backfire on whoever. They do. Charles now, congressman blackburn, you made big headlines overnight and you had a big debate with bill nye the science guy. You dont need an aboph. D. T whats going on. We have overwhelming efforts that climate is changing and that you cannot die any one event to that is not the same as doubt about the whole thing. What we have to look at is the fact that you dont make good laws, sustainable laws when youre making them on hiypothess or unproven science. Would you say that the antiarctic has less ice than it used to. Charles congressman we know its coming up to an attack. And youre laughing boughts the photo he showed wasnt the antarctic. We know this is building up for a gigantic money grab, a tax on businesses, Household Energy bills going higher and how will they sell that as fixing the problem if we all agreed to be manmade. If you agreed everything he said was right, was true, which it is not, saying it is, how do you address this if youve got other nations, china, india, that are not going to participate and do what the u. S. , what the climate elite would like to see done . So the problems not going to get better. You know he was attacking coalfired electric production plants yesterday. Well, there are 1200 on the books for germany and poland and other countries, how do you address it . The point is this, when you look at the issue youre not going to fix it bypassing laws and rule and regulations in washington, even Gina Mccarthy who heads the epa says if she achieved all of her 26 goals, it wouldnt have an impact on climate globally because the other countries are not going to do likewise. To your point, last year, the Fastest Growing source of energy was coal around the worrell. Thats right, congress has taken action, its not the action they wanted. We voted against cap and trade. We voted against theyre doing it true the regulations just like they did with obamacare. Charles another one, a major, major blow to the United Auto Workers and the employees at the volkswagen plant in chattanooga voted against unionizing. The uaw lobbied hard and had the support of volkswagen executives and yet, they still lost. And first going to rich edson, this thing isnt over yet . This is far from over. First off, when you look at the specific vote, this is something that could be challenged with the nlrb because some of the statements that politicians made before this, they could be nlrb push for a second vote. Weve contacted them and theyve not gotten back to us. On this broader issue, the uaw says for a year they Wont Campaign to organize this particular chattanooga vw plant, but that doesnt mean they wont continue efforts in other plants, nissan plant in the state and Mercedes Benz plant and that continues, their membership has fallen from a high of 1. 5 million in 1979 to 4 400,000 now. And trying to get the union into the foreign auto plants and just because theyre not campaigning for the next year in the chattanooga plant doesnt mean its over, charles. Charles congressman, this is your state. Whats your take on this one. The uaw had access to the workers the at the plant, they opened it up, they made their campaign, threeday vote, 89 of the workers participated in the vote and the uaw lost. I think that people like their jobs. They like having vw there and they dont want to change the work culture they enjoy. Charles about a week ago this felt like a tossup or that the uaw would win, in part because the volkswagen executives were so open to it, they were openly saying we like to idea, it works in europe and it would be great for us. And what changed it . What tilted this in favor of the no vote . I do believe it was that people at that plant want to be incented when they do well and they dont trust to have a union to go in and lobby for them on getting their contracts. They want to be able to it handle that individually. Just like people dont trust government, they dont like big bureaucracy. Were moving to a time in our society when people want to be able to make those decisions, have that control. Charles they made that decision there. Stay right there, congressman because the new lego movie comes in first place yet again at the box office. Second time in a row. A lot of people disagree with my take on the movie, but after the break, someone who does agree. A reminder, Varney Company is moving, next monday, 11 a. M. To 1 p. M. Stuart, its gerri, good luck in your new time slot. And keep up the great work and you know what, bobs your uncle. 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 . Well, i received a lot of criticism over my talking about the lego movie being antibusiness. Charles the movie has a president called villain president. And could you cancel my appointment, a little deadly. Charles looks a little like mitt romney. And as a result, fox business is mad, not because of the hypocrisy inherent in the movies premise, but because its teaching kids that enormous conglomerates are bad. And this to say. Designed to sold more lego toys would be laughable coming from everyone let alone a Television Network that pro claims to employ experts in the subject of business. John hayward with brightbart. Thank you for joining us. I cannot believe the firestorm that the comments make, every outlet on the left has a comment on it. Im glad you had a chance to weigh in. Tell us more. I thought it was a delightful movie, its entertaining, a sharp, witty satire. Its not anticapitalist, its anticrony capitalist, its the way that government and business fuse together and thats the point of the villain. The villain is more business, an evil overlord and remodels himself to president villain. And his servants are micromanagers, this guy is all about forcing everybody to live according to his plan and nothing to do with capitalism, hes the antithesis of it. Charles john, here is the thing, my big beef, the bigger beef i had, im used to hollywood and whether its crony, anticronyism, crony business, whatever it is, anticapitalism, antirepublican, antiamerica, anticonstitution, im used to that with movies in general, but when they start to aim it at kids thats when i get worried. I agree with that and i can see the criticism. Now, on the surface it seems kind of like a lazy critique of big business and so on. It isnt. I think its subversive in the tr truest sense. Word. And your Michael Moors are going in and thinking its an anticapitalist diatribdiatribe Little People living our lives, we have a right to ambitions and the rights of labor, and kids are just going to enjoy it, its a funny comedy, but there is a serious and i think very valid philosophical point being made there. Who is the enemy of ambition and dreams at this point . Its the government. Charles john hayward, couldnt have put it better myself. And congressman blackburn is here and 800 million later, five years, the stimulus doesnt appear to be stimulating. The president thought that was funny, roll it. Shovelready was not as shovelready as we expected. Charles no, it wasnt and take a look at the participation rate. In 2009, its nearly 3 Percentage Points lower now. I call the stimulus an unmitigated disaster. Do you think im being too harsh . Not at all. Its taxpayer dollars, not government money. It comes out of our pockets into the treasury and then the president has invested in a lot of unproven theories. Hes put money that didnt work out and its not a laughing matter because as we mentioned earlier, vague stagnation, jobs still are not abundant. The economy is still struggling. Charles i get the sense that they know what theyre going to do with this money, even though they always pitch us something different. This was pitched as a shovelready, gigantic construction project. In fact, one of the statements the president made is that 400,000 men and women are going to it work rebuilding troubled roads and bridges and repairing fally dams and levees, for 2013, we had a rating, the American Society of civil engineers. And the best scores were the bridges with a cplus. And this is disingenuous, but it feels like its designed to be disingenuous and thats a despicable point. I think thats fine that people have lost trust in this administration. They say one thing and they do another. As your mother told you, actions speak louder than words. And the actions this administration have taken have not been something that has yielded more jobs growth and greater income for the American Worker uso the president now is going to pitch more of these sort of bills, some will include congress and some he wont, including a billion dollar Climate Resilience fund. Just ridiculous, you know. You cant go out and do a climate study and say, this is going to fix the weather events. You have an endangered species act that is harming the situation in california. If you want to do something about that, you know, let the water start going into that area. There are things the president could do and to throw a billion dollars, i think thats insulting to the farmers in that area. Charles weve got a minute to go. I want to ask about congress in general. It feels like you guys are playing it safe, you know, not really trying to get out there on things that maybe you believe in in your heart and soul, but you think are maybe losing Public Relations things and of course, im referring to the debt ceiling, the quick passage of the budget and it just feels like maybe taking a safe route and thats starting to anger a lot of your pure constituents. What would you say . I think that my constituents like the fact im fighting to reduce spending and were going to be on that cutting 1 of everything the federal government spends, a penny on the dollar and as we move into the summer with the appropriations process thats where were going to disallow. Charles a little pushback, a little spine. Yeah. Feistiness. Charles were looking forward to it. And take a look at this, its a special baseball hat designed for pitchers to protect them from the line drives. Will any player want to wear them . Thats next. Centurylink® your link to whats next. Iwe dont back down. We only know one direction up so were up early. Up late. Thinking up gamechanging ideas, like this dozens of tax free zones across new york state. Move here. Expand here. Or start a new business here. And pay no taxes for 10 years. With new jobs, new opportunities and a new tax free plan. Theres only one way for your business to go. Up. Find out if your business can qualify at startupny. Com crestor got more highrisk patient bad cholesterol to a goal of under 100. Way to go, crestor yh tting to goal is a big deal, especially if you have high cholesterol plus any of these risk factors. Because you could be at increased risk for plaque buildup in your arteries over time. So, when diet a exercise arent engh to lower cholterol, adding crestor can help. Go, crestor oh, yeah [ female announcer ] crestor is not right for everyone, like peoplwith Liver Disease or women who are nursing, pregnant, or may become pregnant. Tell your doctor about other medicines yourtang. Call your doctor rht away if you have muscle pain or weakness, fl unusually tired, have loss of appetite, upper belly pain, dark urine, or yellowing of skin eyes. These could be sig of rare but seris side effects. Crestor yes [ female announcer ] ask your doctor about crestor. If you cant afford your medication, astrazeneca y be able toelp. Which will cause me to miss the end of the game. The x1 entertainment operating system lets your watch live tv anywhere. Can i watch it in Butterfly Valley . Sure. Can i watch it in glimmering lake . Yep. Here, too. What about the dark castle . You call that defense . come on [ female announcer ] watch live tv anywhere. The x1 entertainment operating system, only from xfinity. Groupon releasing a special deal to users to honor president hamilton. Thats right, on president s day, a 10 coupon. The only problem is, Alexander Hamilton who appears on the 10 bill was never president. [laughter] the promotion is 10 off any 40 purchase began on saturday. Sandra any reaction to this . And he had a huge part in United States history. The first treasury secretary. Charles ann money. Chief of staff for george washington, but never the president. And this reminds me of the jay leno skits, and jaywalking and he goes out and asks simple u. S. History questions. And American People struggle with history. I feel that foreigners know our history and its kind of pathetic. Oops on the part of groupon. Charles theyre standing by their statement though. Never president. Charles yeah. All right. Well, you know, there have been numerous reports over the last year, serious injuries done to Major League Pitchers due to lack of head protection. My next guest said with the the next thing, he joins me from st. Louis, we see it all the time, almost every night on sports center, right, stacy, somebody hits a line drive and the pitchers first creaks is to duck and often their heads are hurt badly. Its not hard to dispute maybe theres a need for this. Explain how it works on your end . We have a technology, an iso blocks. Its a sheet of substrate of foam underneath it and did can diffuse the blow. Weve been able to put it in a light weight form and many of the prior attempts by Major League Baseball and the companies worked with, the hat was too heavy. Ours only odadds 7 ounces to th hats and they wont realize its there. One of my problems with this, and i grew up in a sports family, and baseball family, you start to fear because of the added safety measures, im all for the safety at the younger level. These guys are pros, paid millions to go out on the ball field. You start to feel like it it it changes the feeling of the sport a little bit when you add things like these type of helmets . Yeah, growing up in st. Louis and were fervent baseball fans here, you see a lot of pushback on the eye test and what the hat looks like or different technologies, but i think what youll find, its going to look different until it doesnt look different anymore. There were pushback with the face masks in hockey or in football. Theyll adopt it for the youth and as they metric laulate thro the minor leagues. Charles im not sure. Do you have any contracts with the leagues . What major baseball has us do, were going to meet with each of the team and working directly with the equipment managers and the players and were going to fine tune the hats to each of the players needs and custom fit each. And youll find therell be embracement of the technology and the hats. Many of the players are fearful uhere is the thing though, and you know, it wont be a great pr moment for you, but some pitcher is going to throw one right down the middle and theres going to be a grand slam and when they come back and that the next batter is up theyve taken your hat off because it changed the balance or made it it too heavy and put back on the old hat. Theres going to be a major indictment of your product on tv, are you prepared for in . We certainly are. It will take time for them to go through change, but like we feel, over time theyre going to embrace the technology. Its something needed in the sport and as we fain tune our hat for each of the players needs theyll like the safety they feel on the mound and again, the early adopters will probably be some of the pitchers that got hit and in the youth leagues and through to the majors. How much does it cost to make and how much are you selling this for . We lost him. Charles lost him. Because he didnt want to answer that question. Charles my next question is i hope youre not working on flash for quarterbacks in football. John kerry, you know, john kerry, he compares Global Warming and Climate Change. Get this, terrorism, you cant make this up. We play the found bite for you after the break. My dad has aor afib. Brillation, he has the most common kind. Its not caused by a heart valve problem. Dad, it says your afib puts you at 5 times greater risk of a stroke. Thats why i take my warfarin every day. But it looks like maybe we should ask your doctor about pradaxa. In a clinical trial, pradaxa® Dabigatran Etexilate mesylate . Was proven superior to warfarin at reducing the risk of stroke. And unlike warfarin, with no regular blood tests or dietary restrictions. Hey thanks for calling my doctor. Sure. Pradaxa is not for people with artificial heart valves. Dont stop taking pradaxa without talking to your doctor. Stopping increases your risk of stroke. Ask your doctor if you bere surgery or a medical or dental procedure. Pradaxa can cause serious, sometimes fatal, bleeding. Dont take pradaxa if you have abnormal bleeding or have had a heart valve replaced. Seek immediate medical care for unexpected signs of bleeding, like unusual bruising. Pradaxa may increase your bleeding risk if youre 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners. Or if you have kidney problems, especially if you take certain medicines. Tell your doctors about all medicines you take. Pradaxa side effects include indigestion, stomach pain, upset, or burning. If you or someone you love has afib not caus by a heart valve problem. Ask your doctor about reducing the risk of stroke with pradaxa. And she might have if notor kari, the identity thief who stole jills Social Security number to open credit cards, destying jills credit and her dream of retirement. 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And lifelock stands behind their protection with the pow of their 1 million service guarantee. You have so much to protect and nothing to lose when you call lifelock right now and try 60 days Identity Theft protection risk free. 60 days risk free. Use promo code onguard. Order now and get this document shredder to keep sensitive documents out of the wrong hands. A 29 value free. Charles john kerry compares Climate Change to terrorism. That is right. Roll it. They can now be considered another weapon of mass destruction, perhaps even the worlds most fierce. Charles joining us from washington is jason matera. I am sure that this does not surprise you. It is amazing how they are laying it on pretty thick. Anyone who will compare terrorism, the real threat we have of terrorism today to Climate Change, to Global Temperatures, really should not be taken seriously. I wish that this administration would speak with the same clarity and intensity when it comes to radical islam. The people perpetuating real terrorist events. They call those man caused disasters, workplace violence. The largest weapons of mass destruction according to john kerry. It is so embarrassing that he is actually saying that. Charles he is actually condemning americas success. All of this Global Change and what is happening to the planet is essentially the salt of america. We are the ones that are destroying this country. We get in our cars and we try to succeed every day. Even further, it is repugnant for anyone in the white house to dissuade them from embracing cheap energy beard you think the impoverished people care about wind mills or solar panels . No. They want the same living that we have. They want income mobility. They do not want a lecture from john kerry on electric plugin cars. We are concerned about Global Temperatures and Carbon Footprints, what is the Carbon Footprint of john kerry hopscotching across asia . Charles i think he had a pretty big one before he got the job. One in four americans do not know that the earth revolves around the sun. I am not making this up. Are you there, jason . There was a survey done, the National Science foundation, they found that 26 of people did not know that the earth revolved around the sun. These are americans. [laughter] it goes into your previous segment with groupon and Alexander Hamilton. Does this surprise us anymore . It is not even newsworthy anymore. Charles a guy like john kerry can go to the same people and tell them anything. If you do not have the basics down, certainly, anyone can come and tell you anything. You are absolutely right. I think the left likes to use the language of Climate Change. It used to be Global Warming. You have people experiencing these record frigid temperatures and ice and snow. I think the left tries to play off peoples emotions and spend in a way that they can gobble up as much as possible. In reality, it is just their power. Charles stay right there. Do not call it a hero for the four shootout goals. According to him, the american heroes are wearing camel. That is not me. I love this. He basically said that term should be reserved for someone other than a hockey player. Kudos to him. Charles amazing. Beautiful thing. Jason, what do you say about this . I think it was fantastic. It was very classy. It allows people to go and really pursue our ambitions and dreams. It was the best way to and what was truly a historic moment to feeding russia. Charles absolutely. I think we all agree on that. The Reality Tv Show mob wives, we have one of them on. When someone is sincerely sorry for something, they do not keep bringing up the issue. [ telephone rings ] [ shirley ] edwa jones. This is shirley eaking. How may i help you . Oh hey, neill, how areou . How was the trip . [ male announcer ] with nearly 7 million investors. [ irle] hes right here. Hold on one sec. [ malennouncer ]. Youd expect us to have a highly skilled call center. Kevin, neill holleys on line one. Ok, great. [ male announcer ] and we do. Its how edward jones makes sense of investing. Like carpools. Polly wants to know if we can pick her up. Yeah, we can make room. Yeah. [ male announcer ]. Office space. Yes, were loving this communal seating. Oh, its great. Yeah. [ male announcer ] the best thing to share . A data plan. New at t mobile share value plans for business. Our best value plans ever. For example, you can get 10 gigs of data to share. And 5 lines would be 175 a month. Plus you can add a line anytime for 15 a month. Sharings never been better for business. Charles the markets are closed today, but we arent. First, to apple. It was a secret meeting. And lots of talk of some sort of partnership. This will just be a bump in the road. Google just bought up a company that makes sound based password systems. Check out what nike is doing. Hackers access personal users information, but not getting credit card information. How to use a meat cleaver from a mob life. So ally bank really has no hidden fees on savings accounts . Thats right, no hidd fees. Its just that im worried about, you know, hiddethings. Ok, whys that . Well uhhh. Surprise um. Well, its true. At ally there are no hidden fees. Not one. At ally there are no hidthats nice. No hidden fees, no worries. Ally bank. Your money needs an ally. Charles the star of mob wives is back. She brought her sister on. Ladies, you have a new cookbook. How to use a meat cleaver. Tell us about the cook book. We are being polite to each other today. It was a family product. It was really nice to work with my sisters. It was really dedicated to our parents and our grandmother that passed. Charles you guys all in the kitchen at the same time. Listen, i am a casual observer of this show. You definitely have the spine. I do not feel that anybody should be taken advantage of or walked all over. I have a bit more of a loud voice than anybody else. Do not let anyone walk all over you. Be you. Do not be afraid of anything. This is the fourth year. Charles absolutely amazing. It just keeps going stronger and stronger. What do you contribute to the successes . It kind of makes people really interested. I always wonder how real the tv show is. Going back to my exhusband to became a federal informant. I came on the show with hopes that this was going to be a way for me to work out a lot of my depression. If anybody, if they are doing what i am doing and watch me and dont fix themselves, that is the problem. The show itself may sort of in force some of the stereotypes. Women now are learning that. They are now learning how to stand in the middle. That makes me very happy to see progression. Charles this is just the way it happens to be halted. I wanted the family. I really fell right into that. Obviously, growing up watching the movies, you think it will be like that. Charles you just brought up dependency and things like that. How are you doing . I am doing well. Literally, it is like one hour at a time. Charles you guys are inspirational. Congratulations. I hope you have many more seasons. By the way, how do you use a meat cleaver . [laughter] charles okay. I will stay out of that one. The latest development of the target attack. They knew two months before that their computers were vulnerable. [ male announcer ] whether it takes 200,000 parts, 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. Whether its building the worlds most advanced satellite, the space statio or the next leap in unmanned systems. At boeing, one thing never changes. Our passion to make it real. Our passion to make it real. Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Obamacare. A disincentive to work. The biggest flaw in the president S Health Care program. Casey mulligan. Our special guest tonight. Please join us. 7 00 p. M. Eastern. Charles talk about foreshadowing. Remember the target hacking scandal. Target was warned about this two months before the data breach even happens. Sandra i think i want to be fair here. The Security Team is probably on a monthly basis. You have to relook at your Security System here. In this particular case, it looks like they made a call to months ahead. Target was updating their payment terminal. They said that there could be some issues. They brushed off the Security Team. Two months later, a hundred million affected. It just makes you wonder who you can trust. You are swiping your credit card just about everywhere these days. People have major security concerns right now. They got burned this is a big thing. Charles u. S. Speed skaters blamed their slow times on there under armour bodysuits. Sandra you have to feel bad for under armour. The athlete did not perform so well. They blamed the outfits. Now they have gone back to the old outfits. Maybe they just skated slowly. Charles we sought with lulu live in, we saw with abercrombie and fitch, they paid a heavy, heavy toll. Sandra i think that there will be some dip in sales. Charles your take on barneys new time. That is next. With scottrades smart text, i can quickly understand my 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 theyw 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. Iwe dont back down. We only know one direction up were up early. Up late. Thinking up gamechanging ideas, like this dozens of tax free zones across new york state. Move here. Expand here. Or start a new business here. And pay no taxes for 10 years. With new jobs, new opportunities and a new tax free plan. Theres only one way for your business to go. Up. Find out if your business can qualify at startupny. Com voseeker of the sublime. You can separate runway diculousness. From fashionhat flies off the shelves. And you. Rent fronational. Because only national le you choose any car in the aisle. And go. And only national isanked highest in car rental customeratisfaction by j. D. Power. natalie ooooh, i like your style. vo so do we, business pro. So do we. Go national. Go like pro. Charles do not forget we are moving to 11 00 a. M. Eastern. We go a full two hours. Here are just some of the things you had to say about it. I live on the west coast and watch your show every morning. I am very disappointed you will be moving to a different time. It will take away about an hour of your show for me. Robert seems happy for our move. Sandra it will be Stuart Varney and is also cast of characters. There will be two hours instead of an hour and 40 minutes. Charles we will rock and roll. We will make tv history. In the meantime, though, we will pass it to dagen mcdowell. Dagen rate news for me. [laughter] charles i am sorry. Dagen you can come visit me in my office before the show. [laughter] dagen thank you, charles. Soulsearching down south. Former white house chief of staff is here. Another massive data breach. This one at kickstart her. What you need to know to protect yourself. A billion dollars in government stimulus. How it could play a Critical Role in the midterm elections. All of that and so much more on this hour of markets now