Those big gains for tax stocks, some saying it is the dot. Com bubble all over again. Varney and company is about to begin. Stuart big problems for bitcoin this morning. One of the largest bitcoin exchanges shut down. The exchange is website, nonexistent, twitter account wiped clean. We just got this statement, a decision taken to all transactions for the time being, we will be closely monitoring the situation and will react accordingly. Several bitcoin exchanges reporting but they were trying to file for bankruptcy after months of technical problems and reports of a major bid theft. A new price of bitcoin tumbling below 500. First time since november. Is this the end of it . Charles no, it is going through growing pains. I want to tell you what this is, magic the gathering on line exchange. It started as a place for people to trade magic cards. Then it morphed into the bitcoin exchange. This had problems a couple weeks ago called these intrusions and things they couldnt explain. A lot of gone missing over the last year. Stuart is the damage limited to mound gawks . Charles not so much as worlds central bankers around world and governments rallying to stop the growth of bitcoin. It was intriguing from the beginning because no central government, no central bank or government could control it. They could overprint or manipulate it. Then canada put up problems, new york state, now, russia, japan, apple stopped selling the apps. There has been a big giant war of fear against bit . Stuart crucial time right now. Look at this. We talk about tesla on this program. That is a new high straight up. What is going on . The all knowing Morgan Stanley more than doubled its target price on tesla. They think it will go above 300 a share. What is it about as low that Morgan Stanley so like that it is prepared to put that price on it . Charles Transformational Company goes beyond transportation. A Technology Company that will use its willpower or brains to weather extends but the most amazing thing is how many times and the experts told us this was overvalued and going to collapse . Here are some headlines, tesla is overvalued, let me count the way september 2014, putting out buyers but the stock is overvalued, marc watts in 2014, the tax law bubble, september of 2013, it says looks overvalued here is the best one. Tesla could be worse trouble, 9. Zynga said that last year. Along with from 9. Stuart forget Morgan Stanleys recommendation. Does the talk about apple is in talks with tesla . Isnt that part of the deal . Charles i dont think the analyst would put that in his work. Is always the cherry on top of Something Like that. Stuart 150 billion in cash and held secret talks with tesla. That brought the stock another way is. Charles you cant put a 300 target on the 200 stock. Stuart you got me. A couple more big names, home depot disappointing sales but strong profits have been cutting costs. Stock is up 20 in the last year, 2 right now. Another retailer, macys says the quarter off to a slow start but surely the weather is a factor. Stock is up 37 in the last year, up another 3 as of today. Linkedin another charles pick, expanding in china. Nicole petallides, has it hit 200 . Nicole trading at 20979, a 5. 1 for linkedin expanding in china so they are going with chineselanguage site as well. Obviously they dont agree with censorship but if they need to police it or do that they may have to do that but they have 4 million users as it is in china and are looking to expand. It may raise difficult questions but they are excited and is pushing them higher. Stuart 209 a share. That dealt with the market action. Want to move to policy and politics. Defense secretary check cable is proposed cutting the army to its smallest size in 74 years. It was long afterrhe made that statement former Vice President dick cheney responded blasting the president. Listen to this. A storm when i was secretary of defense by a first thing i did was call former president reagan in california and thank him for everything he had done in thes to build a magnificent force we had to desert storm. I can guarantee you there is never going to be a future call from secretary of defense to barack obama to thank him for what he has done for the military. Just devastating. Stuart when he went on to say the president would rather spend money on food stamps and our military so lets welcome back to our program a close friend of varney and company, the fives andrea tantaros. Welcome back. I want you to tell us what you make of this rapid shrinking of the army and the military in general . Why is the president doing this . That was the reason for appointing chuck hegel to do it. Appoint a republican to do it, give barack obama a little cover. He is basically from a policy perspective forcing a peace agreement. We got one after the cold war but the world was getting safer. Now president obama shrinking down our military, about to go on a tour of europe, a number of trips planned, i was talking to ed henry and wonder what he will say . Probably i am apologizing again but the issue is our government, the number one priority is National Defence will is the welfare state should be left to the cities and states and localities. Under barack obama is complete reversal. Stuart that is right. We have entitlement programs that are running away with the budget. Our finances are squeezed so the president has the choice. Where do you cut . Where do you reform to give his answer is we cut the military. Is the country ready for that . Would the country if given a choice make that call . Less welfare, more military . A great question and i will tell you why. Free stuff is very seductive and the president knows that. Is ultimate goal is to make people dependent on the government so if you ask people, even some libertarians they would say this isnt a bad idea to downsize the military. We dont want to be in a permanent state of war but even as somebody who isnt in to the democracy promotion as a conservative, downsizing our military when i think the world is getting more dangerous, when you look at jihad, north korea, iran, most people would say this is very dangerous and if i were in taiwan or south korea or any number of our allies i would be nervous what the president is about to do. Stuart stay with us. Back to the market. The overall market is not making much movement. It is a dead flat market but individuals stocks are making moves. We brought you already tesla and linkedin. Watch out apple tv and rope to, amazon is going to unveil a top box next month. It is up 7, amazon getting close to 360 as of right now. Charles, i dont know what to make of that but amazon is getting to another whole new area. Charles for the most part they have been rewarded. Yesterday there was a strong sell put on amazon. I have not seen that rating and a long time. This is going to be a transition year for amazon. They are not going to be able to get by in my opinion just on glamour, fantastic ceo in topline growth. They will have to show things that the bottom line will show, this will debut shortly. It is a tricky industry. A lot of Companies Went oot of that business. We will see what happens with amazon. Stuart you are not wildly enthusiastic. Charles i love jeff bezos but at this point amazon and yahoo share the same circumstance. And what you going to get back toward . Stuart this one is for her. President obama dragging his feet on the keystone pipeline. Oklahomas governor on her conversation with the president. I asked when we could anticipate a decision on the keystone pipeline. Executive order power to do that. And he anticipates an answer one way or the other. Stuart not the first time he said Something Like that. Listen to something the president said on this issue. Extra careful the construction of a pipeline and areas like that would put the health and safety of American People at risk. Our export said we needed a certain amount of time for the project. Unfortunately congress decided they wanted their own time line. Stuart why not . Take any issue and put blame congress and a bunch of gobbledygook in it. Of the when he deliberately running up the clock . Even his own Environmental Protection agency cannot say keystone is a bad idea. They have backed off of that. He has nowhere to run and hide. Diaz to blame congress and i behind this Court Decision that said it is in validating the route to go through nebraska. It is all about moving this ball past the midterm elections that he delays and the delays. Stuart i want your final. He says he is going to make a decision in a couple months before the midterm is. You say he will not build the pipeline. Absolutely not for political reasons. He has been lectured that if he does that will drain lots of funding, he needs to hold on to the senate. You will keep waiting and waiting like Governor Cuomo does with fracking. Stuart will you visit us again . You cant ask about investments because i told you i like my investments right where i can see them in my closet. Stuart Sarah Jessica parker was on 20 minutes ago and was all about shoes. I was staring at the screen. I do no shoes. Stuart thanks very much. Time is money. We have several more headlines for you. Here we go. Facebook ending its email servicas using get. If you send an email to users facebook accounting will be forwarded to your personal address. What is up to give the popular texting apps bought 19 billion planning to add phone calls to its list of services and they will be free. Last one snap chat, wildly popular on college campuseses and a new survey says 77 of college kids use that apps at least once a day. Hall of fame shortstop ozzie smith. I will put it to him, who is the greatest shortstop of them all . Derek jeter or him . Stuart where the price of gold going up recently, 1340 one. Disney has a new iphone apps giving you movies anywhere. Lets you by and watch disney, marble, pixar films, disneys stock hit a high yesterday, still above 80 a share closing in on 81. That is disney . Netflix reportedly in talks with at t and verizon to pay for Faster Internet Service to subscribers. Netflix made that deal with comcast. Look at the stock. Hit a new high earlier this morning, up 8, the tenth record high this calendar year. Charles, netflix is going to have to pay out more to these people for Better Service and yet the stock goes up. How is that possible . Charles we had this conversation last week. Someone in my office told me she has netflix, she stopped watching because no matter how great the product is if you cant get it your customers you are in bad shape. People see this as an amazing smart move on their part and ultimately might be able to pass it to the consumer. Stuart they probably will. They said they would raise the 7. 99 months charge. Charles they will get it out there and get it paid for and deliver the product. Stuart still cheap. Yankees capt. Derek jeter recently announced this year will be his last year playing baseball. Some call him the greatest shortstop of all time. He made 250 million in his 20 year career. Heres another baseball great. Hall of famer shortstop named ozzie smith joining us now. If i were to ask you can you be objective . Who is the greatest shortstop of all time . Derek jeter or you would say derek jeter. Probably. I will probably say it is a matter of opinion. Stuart i bet you would like that for 250 million. All right, take you off the hook. The Major League Baseball has announced a new rule, will limit home plate collision, but you know the story limiting home plate collisions. Baseball softening up little. It appears to be a softening up. Baseball has always been aware the play at home plate has always been an exciting place to determine most of the time whether you win or lose. I didnt see a reason for change simply because the concussions that come true baseball is off of a foul ball rather than collisions at the plate. I didnt see any reason to make changes. Stuart thanks. I want to talk about budweiser. You are teaming up to get a petition passed that would make opening day aanational holiday. Are you serious . Yes. 22 surveys show 22 Million People at some point in time have played hooky from work and school. It is already an unofficial holiday. We are trying to do is get 100,000 signatures to make an official holiday. Once we get those by march 26th i will be able to march them to the white house door. Stuart you will get the signatures. Signatures to deport justin bieber. Another 100,000 signatures to created death star. You are a good sport and we thank you for being with us. Thank you, good luck. Quick look at the s p 500 on pace for another record close, 1848. 38 is the number to watch. That is an intraday new high. Two personalities, two opinions. Here is pierce morgan highly critical of the american way of life and mike row, a tv star who celebrates america and work. Both those stories and your responses next. And new time slot for varney and company but the same quality stories. Congratulations on your new time slot. We look forward to watching that on this newsroom. Congratulations. We asked people a question, how much money do you think youll need when you retire . Then we gave each person a ribbon to show how many years that amount might last. I was trying to, lik pull it a little further. [ woman ] got me to 70 years old. Im going have to rethink this thing. Its harto imagin how much well need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if weant to be ready for a longer retirement. Like america. He comes here, makes a ton of money but he is endlessly critical. Has this upperclass accent and uses it to talk down to his audience. That is the dumbest thing you can do in television news. Couldnt resist it. That was a clip from my take on piers morgans show being cancelled on cnn. An overwhelming majority of you commented you love my take, thought was one of the best ever. For example mark says wells said, mr. Varney and i would never confuse you with the likes of morgan. Marjorie says brilliant household appliance you. We do not wish any ill will but no tears will be shed at his departure. Brian says Stuart Varney is the man, amazing example of what a bridge should be like when they come here but there were some negatives like this one from day. You bugger off. Calling your own country out . We are not pagans, dont bother coming back. Thanks for your feedback, positive and negative. We agreed the mall and like this. To a tv personality you really do like, dirty jobs guy might grow joined us to respond to critics who blasted him for making an ad for walmarts work initiative. Here is what he told us. 3 million jobs right now, 3 million jobs, 88 do not require four year degree and for whatever reason people dont seem to want them so we are lending money we dont have to kids who will never be able to pay it back to train them for jobs that dont exist anymore. As they would say in britain, that is quite mad. Stuart the criticism keeps on coming. One web site called him, quote, the shill for the oppressors going on to say ford cut its relationship due to his support with walmart. That couldnt be further from the truth. Ford didnt drop me, we have serious discussions about an extension but decided not to proceed for reasons completely denied as we parted amicably. Long before the walmart and came on. Plenty of support from our viewers. Here is what you had to say on our face book page, frankie says mike rose trying to drum up jobs for people who need them. Somebody has got to do something. Cindy says we need more mike rows in this country, all american attitude. Micro is a valued guest on this program and our viewers know why. Look at target please. Latest in the hacking case, a Congressional Committee asking for documents from target, want to know if the company knew about the breach earlier. Last week we reported they had a warning about the breach two months before, targets stock a little. Republican congressman dave camp getting aggressive with tax reform. Very reagan desk. Bret baier is with us on that after this break. And she might have if not kari, the identity thief who stole jills Social Security number to open credit cards, destying jills credit and her dream of retirement. Every year, millions of americans just like you learn that a little persal information in the wrong hands could wreak havoc on your life. This is identity the. Lifelock offers the st comprehensive identityheft protectio availabl she may have bn notifi before it watoo late. Lifelocks credit Notication Service is on the job 24 7. As soon as they detect a threat to your identity within their network, they will alert you,rotecting you before damage isone. And lifelock offers the proactive protection of checking and savings account takeover alerts. Lifelocks comprehensive Identity Theft proion guards your Social Security nuer, your money, your cret, even the equity in your home. It doesnt mattew old you are or how much money you have. Identity tev sal from everyone. You have to protect yourself. I protect myself with lifelock. [ male announcer ] while Identity Theft cant be completely opped, no one protects you better than lifelock. And lifelock stands behind their protection with the power 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 of 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 lue free. Stuart the market is fairly flat but some stocks, individuals are moving the. That is a Biotech Company that is up 155 . That is a move. Here is a move from a charles pick of yesterday. Candy technologies hits a new high. Take you a round of applause but got to remind our viewers can see is a company that rents out electric cars by the hour, sells them. You recommended this yesterday when it was 9 or so. Charles it is up huge, 17 in 24 hours. I recommended once before. Anyone who bought it there, up gigantic. When you make these parabolic moves stuart it is the whole idea of a company that rents an electric car in a chinese city hour by hour. That is an idea. Charles big time subsidies. You get 9,800. You see the pollution in china it is amazing the this is how theyre trying to combat it. Stuart this is how you get the subsidy. Very good. The chairman of the house ways and Means Committee preparing to create a reagan ask plan that would rewrite the tax code capping the top corporate and individual tax rates 25 , way below where they are now. Bret baier, up i dont think dave camps measure has a prayer of passing but do you sing it might be used as a template for the gop to run on in its forthcoming election . I do. The gop has been working on this, dave camp in particular has been working across the aisle with democrats trying to get things he could agree to with democratic lawmakers, closing loopholes to as you mentioned at the top individual tax rate to 25 down from 39. 6 and to get the Corporate Tax rate to 25 from 35 and that is the huge deal, just that alone. On the Corporate Tax rate is a lot of buy and across the aisle about the lower Corporate Tax rate. We have the highest in the worlds. The individual tax rate, that is the fight and probably why is going to be stuck a. Stuart do you think the country is ready for a very serious cuts in income tax rates versus more redistribution, more government . That is a stark choice. Do you think theyre ready for the reagan style again . I do think that argument and articulating it well is something that republicans are going to get their head around prior to 2016. I dont think they are ready to make this big policy argument in 2014s election. The woes with obamacare, the economy and the situation as it is now and think taking a huge bite out of another policy push ahead of 2014, politically would not be the best thing at least when you talk to most republicans. They think that they are going to fight on the battlefront that they have and that battlefront looks pretty good right now especially with the possibility of taking a majority in the u. S. Senate. Stuart always a pleasure. Big story, were watching it for you. All about bitcoin. You know the name mount gox. Of it done, it is Jetblue Sandra Smith is here. You are a traitor. Sandra nothing to do with it. Stuart it seems to me is this is all about Investor Confidence. Bitcoin is all about Investor Confidence and if you shutdown and exchange and there are reports of not missing a bit you shoe that confidence in the head. Sandra no one should be surprised. Anyone who has bought into the idea of bitcoin new the breathtaking on a huge risk. Mario draghi mount gox is the Largest Exchange on which bitcoin is traded. There are six other relatively large exchanges, they are trying to stand up and say this is just mount gox. This is the big question going forward. Is it the bitcoin problem or mount gox problem . Can it be isolated . There is no regulation of these markets. I traded equities, those were on regulated markets, unregulated exchanges. We dont know what regulations these markets are and no guarantee when you buy into a bit . Is a risky proposition. Speaking of trading there is no liquidity in these markets and is not a safe place for the average investor. Stuart you cant move in and out. I didnt know that. Sandra the price of the thing is extremely volatile. Stuart 550 yesterday, 440 this morning. Sandra just like commodities trading at different prices on different exchanges so mount gox, 200 and change and the other exchanges are in the 500 range. So they vary by exchange as well. Stuart i dont want to be the last guy holding the bag. Charles lots of people buying these things are sort of antigovernment, anti central bank, the world is coming to an end, gold hasnt worked out. We all need some regulation and a risky proposition stuart thanks very much. Cancer patient lost her insurance because of obamacare, she appeared in an ad critical of the line you wont believe what one democrat congressman is doing about that. The judge is next. Mine was earned in korea in 1953. Afghanistan, in 2009. Orbiting the on i1971. [ male announcer ] once its eaned, usaa Auto Insurance is often handedown from generation to generation. Because it offers a superior level of protecon. And because usaacommitment tserve current and former military members andheir families is without equal. Begin your legacy. Get an Auto Insurance quote. Uaa. We know what it means to serve. 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 tes 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 [do more than ever before with allnew in quickbooks. Oks. Make any place your place of business with it get paid faster with it. Run payroll with it. Sync this stuff with that stuff with it. Turn on only what you need with it. Ssample from our smorsbord offf apps with it. Take in the big picture with it. See your finances in a whole new way with quickbooks. This is your business on the allnew quickbooks. Run with it. Stuart home depots sales down last quarterr they kept finding the on spending and cut some profit. Look at that. Stock is a 2. 5 . Huge upgrade for it has led and Morgan Stanley doubled its price target. They say, more than 300 per share, up 36 at 264. Reports out today that amazon is preparing to release the video streaming box next month of 7 at 3. 59 on amazon. Stifle nicholas raising its target, price target priceline, up 36, now look at this. Linkin making moves in the chinese market, linkedin up 10 at 209. A lot more on varney and Company Still to come. Stay right there, the first hour. If youve got copd like me. Hey bathings hard. Know the feeling . Copd includes emphysema anchnic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. Spiriva helpmereathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudn symptoms. Tell your doctor if you ve kidney problems, glaucoma, trouble urinating, or an enlarged prostate. 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. Her side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont waito ask your doctor about spiriva. Stuart strong profit report, a new high earlier. The stock price please . Nicole stock is up 36 , a new record high, the new high was 63. This company went public in november. Ecommerce, online shopping, closing, home goods and the like, a forecast that was better, saw their sales doubling year over year so that is good news as well and is below the billion dollars for market capsule a little bit of a Smaller Company but certainly helping it to gain some big fraction. Stuart it is extraordinary, one after the other Technology Companies are posting massivee gains, just extraordinary. Sandra smith, i want to ask her about zoo living. I think as amazon for moms. It is one of those website thattis organized and easy to find what you want. You can shot by a best seller, by category, whether your kids or you and what i thought interesting to report that they said they were expanding and home products, doing that well. You know what they are amazing and his ads . Everywhere i go on internet there are ads. Theyre gaining in popularity, stock is up 50 . Stuart our producer says they sell at wholesale prices. If you shopped there you would know that. Very userfriendly web site. Stuart justin has a 5yearold. Very sorry. Jumping in at 4 . Settle down on set. Another obamacare had line, more bad news for small business. 65 of smallbusiness is will see their Health Insurance premiums rise covering 11 Million People. They see their premiums go. Theres report did not say how much but they will go up. That according to a federal report. Next obamacare at line michigan cancer patient recently featured in an ad for americans for prosperity claiming her Insurance Plan was cancelled under obamacare and her out of pocket costs were so high they are unaffordable. That and didnt go over well with michigan congressman gary peters who is the target of the ad. What did he do . He stuck his lawyers on the tv stations that ran the ad spending their sec line says if they didnt stop running it. Sounds like a story for the judge and guess who is here, judge andrew napolitano. Did the add do anything that was inaccurate . Make any claims . Judge napolitano yes and no. At the risk of getting in the weeds, this ladys insurance premiums went down but her deductible went up so total cash outlay was greater than before obamacare and was not consistent. Might be a thousand dollars, tremendous medication. Might be a thousand dollars one month, 3,000 in month 3, she was complaining about that. She was also complaining that this congressman voted for obamacare, something he is trying to run from now because it is immensely unpopular even in michigan where he is seeking the democratic nomination for the United States senate. So instead of producing his own campaign and to rebut what she is saying he tries to shut down the television stations that are running the one against him. Of the First Amendment stands for anything it is standing opposed to government censorship. A remedy for inaccurate or offensive speech or sharp speech or speech we dont like is more speech. Stuart i cant see where this congressman is coming from. Judge napolitano when you have a highprofile client who wants you to write a letter, the sport out of the hearing with the players union, you are torn between your duty to the rules of ethics and your duty to your client. They shouldnt have written this letter. And have dropped him as a client. Had no right to threaten First Amendment rights. Stuart congressman mr. Peters seems to be encouraging publicity for if you say this is wrong, get it off the air. Judge napolitano she is an unwell person, and articulate person, fearless person, sympathetic person. Meghan kelly looked in the camera. I did it on fox and friends. Come on fox. This is not much of the Stuart Varney will have the here and we will interrogate you together. Judge napolitano stuart do you think the congressman has a leg to stand on, what you said is inaccurate . Is he saying that . Judge napolitano he has a defense to make to her claim but he has zero, not a scintilla as the president would say, not a smidgen to threaten television stations. Stuart will the judge take the place . Will lead lawyer judge napolitano the sec . Absolutely not. Absolutely not. First amendment was written to encourage broad robust open political debate. This doesnt come close to the line. Stuart you waited until the end to do the hand gesture. I like it. Thank you. Thank you very much. We already know google is getting into robots, Artificial Intelligence but now hacking into your brain . Really . We will discuss it next. [ male announcer ] th is karen and jeremiah. They dont know it yet, but theyre gonna fall in ve, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where ey almost never ght about money. [ dog barks ] becae right after they get married, theyll find some financial folks who will talk to them about preparing early for retirement and be able to focus on other things, like eh other, which isnt rocket science. Its just common sense. From td ameritrade. Stuart charles will make us some money, that is a restaurant booking service. Charles the stock recently dipped on fantastic numbers that gives us an opportunity. The more restaurants that come on their system the more powerful they become an have to come on this system. Getting to the point that if you are not on open table you will miss out on business. A pretty good guy ahead of what margins look fantastic, last time they reported you could see the chart relatively up again and pulled back recently and why i like it. Stuart doesnt it remind you of the dot. Com bubble . How many eyeballs of looking at your globe . Now theyre making money at a restaurant looking . Stuart you said they are making money. I dont know if you remember red herring is to be a magazine that came out every month. Business 2. 0. I had bags under my eyes keeping up with all the acronyms out of Silicon Valley in 1999, this is a little different. I was a restaurant, three kids, 1921, and first cup, did a Binge Watching on breaking bad. We are using these things and they are making money which is different. Sandra for those who want to go is expensive with a fee of 56. Charles depending on yourr interpretation of excessive. Stuart i would say that is expensive. If you think it will go to a hundred that would be 85. Charles when you get a chance look at teslas speed. Stuart 1200 . At 30. Stuart that is a classic way of valuing the company. The price of the profit. Charles priceearnings and growth. If you want to get technical stuart get out. Googles eric schmidt st. Google might possibly in the distant future get into your brain but not just yet. You dont care, do you . Sandra as long as they provide modern conveniences they will ignore it. Stuarr we put up a picture of ray kurzweil. Did he invent the synthesizer . Yesterday he is the guy who set within a few years robots will be doing everything humans do only better. Google reminds me of amazon. Constantly using its cash flow to get into more and more areas, taking over more and more elements of our daily life. Charles entering the areas where heavy workloads, imagine when you actually push the button to order something and instantaneously the robot goes and gets it and put on the drone and you get it five minutes later. Stuart can you see that coming . Charles i see something coming that will challenge us in so many ways. Sort of like the old terminator movie in many respects. When you think about this. Really is. Where does it end . How does mankind benefit . We benefit on one hand but economically how do we benefit . Stuart dep questions im not equipped to answer. We have the buzzer. Lets say it again. Next, tech pioneer, video gamesmaker has the most popular air one on iitunes. We will ask who will win, place station 4 or x box 1. The man who makes a living yelling at bar owners, turning their business around in a few days. A powerful new hour of varney aad Company Coming up. [ male announcer ] hands were made for playing. Le, r crossing. Feet. Splashing. Better things than the joint pain and swelling of moderate to severe Rheumatoid Arthritis if youre trying to ma, now may be time to ask about xeljanz. Xeljz tofacitinib is a small pill, not an injection or infusion, for adults with moderate to severe ra for whom methotrexate did not work well. Xeljanz can lower your ability to fight infections, including tuberculosis. Seris, sometimes fatal infections and cancers have hpened in patients taking xeljanz. Dont start xeljanz if you have any infection, unless ok with your doctor. Tears in the stomach or intestines, low bod cell coun and higher liver te and cholesterol levels have happened. Your doctor should perform blood tts before you start and while taking xeljanz, and roinely check certain liver tests. Tell your doctor if you have been to a region where certain fungal infections are common, and if you have had tb, hepatitis b oc, or a prone to inctions. Tell your doctor about all theedicines you take, and if you arpregnant, or plan to be. Ken twice daily, xeljanz can reduce the joint pain and swelling of moderate to severe ra, even without methotrexate. Ask if xeljanz is right for you. Stuart plenty of action in our second hour. Let big yelling began. The bar rescue god. He is here. He makes a profit, by the way. The private Health Website is teaming up with obamacare. Reagan style tax cuts make a comeback. I will have inability i will have an opinion. It is noon and we are all on our second hour. I will start the news out with bad signal from the housing market. It looks like housing is clearly, i think, losing its steam. Elizabeth macdonald knows more about this than i do. Liz refinancing is down. The banks will not need all of these workers. They did ramp of the mortgage units, though, during the boom. Stuart it is not a positive sign. It is a negative. 3 that is another team as they lay off workers. Stuart i am told if you go to a small thing, tedium size bank, you have a problem. You have to have a high credit score. Most people do not have that. Liz there is a bottleneck there. Stuart i have some bigname top tech stocks. First of all, they spoke coming off their alltime highs which was 7144. The stock is down 1 . Now look at netflix. It hadnt alltime high earlier. The tenth of the year. Now talking to at t and verizon. Netflix is up. A strong performer for zulily. That is the amazon for bobs. It is up 38 . Now check the big board. We are up only six. Dead flat at 16. 2. Nicole, show us michael kors. One hundred dollars a share. Nicole 10104. New record highs for michael kors. They came out with numbers early february. All of the analysts jumped on board. It really has been a stellar performer. Two and a quarter percent right now. Stuart that was a charles pic. Charles i have been asking every woman i have seen with a michael kors watch if they own the stock. Stuart good stuff, charles. We put it on death watch. Could blackberry be poised to make a comeback . Three recent headlines suggest that blackberry isnt comeback mode. Its technology will be used in fords sync technology. They have more than 80 million users. Today, we have news that blackberry will unveil a new sub under 200 iphone and asia. It has a classic keyboard as well. Is that a comeback . Charles either way it will be a comeback. [laughter] charles the wildcard may be the messaging thing. The messaging app. When it first started, it was not open to anything else. Now it is open to android and iphone. Recently, Raymond James did an evaluation of it that only data that we dollars per user. Stuart microsoft outbox. Sony says it is out of stock. They will cut the xbox price to compete. Here is ryan payton. Ryan, who is coming out on top . Xbox or playstation four. Call it. It is hard to call a game that is only in the fourth inning. These new console wars, they go on for seven, eight, maybe nine years. Stuart are you going to call it . Which of those companies, sony or microsoft, can figure out the big key to winning the console war. That is what can they do to get people that are not hardcore one of these guys will have to figure it out. Xbox is down. I think that their play on tv is probably the best that. Stuart i am always astonished at how important these game consoles have. Apparently, it is calling the shots. I have to move on. You founded an independent production studio. You make independently games for smart phones and consuls. That is what you do. I left one of these big dogs. I left microsoft to start our own studio in seattle. I really feel like they are still in the minor leagues. We are talking about smart phones and ios devices and the homes of 8 Million People now. That is where reeoving and want to target our market. Stuart it is yours. How much did it cost you to make this and how much will you make out of it . That is the nice thing about being an independent studio. We can be as honest as we want to be. We sell five episodes for five dollars a piece. One came out in december, the of the year. We will be about two or 3 million into this venture. The sky is the limit. The israeli successful high quality games on phones and ipods, it can go into the tens of millions of dollars. Stuart i have to get your take on the guy from flappy birds. We also are kind of. And quirky. That guy is pulling down his game even though it is making himself 50,000 a day. We are a quirky bunch. Stuart you have an independent production studio. How many people do you employ . I ask because so many of these Wealth Creators employed very few people. It can get into hundreds or 200 people on the project. For us, we are about 2025 people at the end of the day, about 100 people to start game. We have about 20 fulltime employees here in seattle. Stuart you are well concentrated. You are brilliant guys. There are not many quirky guys out there to employee. [laughter] a guy that just went under last week, he went with his friends in portland. They live in a house. They shipped a game called gone home. They are all millionaires now. That took a year. Stuart thank you for joining us. You are a great guest. Good to see you. Curious about a stock . We told you to tweet us using hash tag ask charles. Joseph charles has chosen to talk about at t. Charles it is reinventing itself. I am mixed on this one. I am looking for growth and upside. This is not necessarily a stock where i want to be. They grew at 3 . They are doing things with connected devices. Stuart it pays a dividend. Charles a nice hefty dividend. It depends on where you are as an investor. If you are trying to get five or 6 out of the wealth you already created, i would hold it. If you are trying to get new wealth stuart you are saying investors make to classic mistakes. Number one charles last week i spoke to stephanie. She watches the show and she watches us right now. Immediately i knew the problem because it was a classic estate. The idea i will buy a whole lot of cheap stocks because the price is low, in other words, it is a two dollar stock or it is a nine dollars stock. The price has nothing to do with whether it is cheap or not. That is a classic mistake. I rather own a share of a classic than a cheap one. Because a mc did not work, immediately she sold capstone. Learn what you own. Have a balanced portfolio. Even if you do not have a lot of money, own one share. Stuart good advice. The tv show bar rescue that the host gets paid for yelling at people. It apparently works. He will join us after this break. Or start a new business here. And pay no taxes for 10 years. Wi 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 coach calls her a team player. Shes kind of special. She makes the whole team better. Hes the kind of player that puts the puck, horsehide, bullet. Right where it needs to be. Coach calls it logistics. Hes a great passer. Depeable. A winning team has to have one. Somebody you can countn. Somebody like my dad. This is my dad. Somebody like my mom. My grandfather. Im very pround of him. Her. Them stuart look at tesla go. That will be worth more than 300. It is up 36. Linkedin, look at that one. It is expanding in china. Update goes. Our next guest makes a living yelling at people. Turning around failing bars. Take a look at this. Either he will clean this kitchen to my satisfaction or i will leave. You better get him the hell in line. It aint got nothing to do with the cooks. Stuart wait a second. He is not yelling at. Maybe smiling. A wildly popular show, bar rescue. John taff or is with us. You are smiling now. I am trying to be convincing, stuart. I am therefore five days. Candidly, i have to change their lives. I cannot just change what they do, i have to change the way they think. I go about it very aggressively. Stuart do they volunteer for this abuse . They do. They have actually seen me on tv, too. Everyone thinks that they are the ones i will love. Theyre the one who has the business and perfect shade. The fact of the matter is it is real to me. I have five days. I have to change their lives. Stuart you demand much higher standards. I think on one showed you called someone a drunk and told them to get out of there. In five days when i leave, i have to leave them with a better place. I am good at what i do. I know i am right. But, with all of the screaming and yelling, i always get my hubby in the end. Stuart yes. I believe you do. [laughter] stuart five days. Are you a bar owner in the past . I have done it for 30 years. I have consulted to bars, restaurants and hotels in almost 30 countries. I really do know what i am doing. I have written these checks myself. Stuart is it correct to say that the biggest source of loss is your own employees who will rob you blind. That is accurate. I thought it was very profound when i heard it years ago. The reality of it is you can either make your employees come up to your standards or you can make your business fall to theii standards. When standards fall, profits fall. There is no choice. You have to elevate them or realize you are running a charity, not a business. Stuart this is message for all of america. Shape up. It is a tough world. You have to compete. You have to do it right. You have to get to work on time. You have to be sober. You have to be clean. You have to try for more responsibility. No excuses. Only solutions. I hate when people wake up in the morning and blame the recession, they blame the president , they blame the markets. They blame everything but themselves. Even in tough conditions, somebody is making money. Look in the mirror every morning and blame herself for failure. When you own your failure, i believe you own success. Stuart you have a lot of personality. You have great presence on the screen. You know how to use television. Did a producer discovered you, come to you within idea and say, come on, john, you can do this. A friend said to me you have to be on tv. The show originally had a different name their bar rescue. We went to los angeles and i submitted a real. I got three offers. I picked up one offer and spite that the show about a week later. I was on tv about a year after having the idea. It was pretty quick for me. Stuart everyone on our Production Team has watched your show. Everybody has watched it. They all liked it. Speed. Are you watching, stuart . Stuart even late at night i will watch bar rescue. Are you making money . I am a product called taffer tv. I have a wonderful clients that i work with. I am making plenty of money. I wish i had more time to make more money. Stuart excellent. You are a great guest. Come on back. You are welcome here anytime. Thank you, john. Reaganomics about to make a comeback. My take on that next. Lowering everyones tax rates all the way up the income scale. Each of us will have a greater incentive. Capitato make it happen . That makes it real . Whats a visision without the expertise to execute it. And the financing to make it grow . Whatever your goal, it canhange more th your business. Whatever your goal, it can change e future. Thats wh at barclays, our ambition is to alys realize yours. voseeker of the sublime. Ro. You can separate runway diculousness. From fashionhat ies off the shelves. D you. Rent from national. Because only national lets you choose any car in the aisle. And go. And only national isanked highest in car rental Customer Satisfaction by j. D. Power. natalie ooooh, iike your style. vo so do we, business pro. So do we. Go national. Go like pro. We are thinkers. The job jugglers. The upllnhts. And the ones who turideas into action. Weve made our passions our fes work. We strive for the moments where we can s, i did it we are entrepreneurs who stted it all. With a signature. Legalzoom has helped start over 1 million businesses, turning dreamers into business owners. And were here to help start yours. Stuart we have news on the stuff that you see there that is moving so sharply. Panasonic teaming up with tesla. Look at it go. If you cannot beat them, hire them. They made a streamlined version of the obamacare site. Very low cost. Now the government has hired them. They will be on this program next. Another reference to eight downtown abbey america. We will break it to you later this hour. Letting you keep more of your earnings would trigger an inflationary explosion, send Interest Rates soaring and destroy our economy. Well, we cut your tax rates anyway, i nearly 25 . What that helped trigger was falling inflation, falling Interest Rates in the strongest economic expansion in 30 years. Stuart could it be that reaganomics is about to make a comeback . Dave camp, this week will present his tax reform plan. Sure looks like it is straight out of the reagan playbook. How about lower tax rates for individuals. That is what reagan did. Two tax brackets. 10 and 25 . That is very similar to the radical shift we saw 30 years ago. The chances of this actually happening are slim. If it made its way through congress, the president woull veto it immediately. It stakes out the ground the republicans may occupy in elections to come. He is going for growth. Growth that creates jobs and increases tax revenue. If you let individuals keep more of the money they make, they will spend it, they will invest it and the economy will grow rapidly. Has the country changed . Change to the point that voters are prepared to turn away from reader solution. Are they prepared to do that . When society has run out of steam, the client is a very easy option. Growth, jobs, very attractive. What dave camp has done is dull the policy line divide very clearly. If the republican support the plan, they become the party of growth and opportunity. That would leave the democrats the party of the comfortable new normal. This has been the choice and countless elections in the last 30 years. I wish i knew how it would go this time around. You look at north korea. You look at i wrong. If i were in taiwan or south korea or any of our allies, i would be very nervous about what the president is about to do. Stuart that is very interesting. Liz, lets get this clear here. Secretary hagel announced cuts. Being in the army down to the same numbers as before world war ii. What about actual dollars going to be spent . 496 billion would be the current budget for the defense department. Stuart okay. That implies, you cut soldiers. Far fewer actual soldiers, but you maintain most Weapon System and spending on arms makers. That is correct. Stuart the defense contractors are not taking a hit on this one. Bernanke is the keynote speaker next month. He will sit down with daniel juergen. Liz, he is pro fracking, pro pipeline. Bernanke, this is his first speech after being chair of the fed. He will sit down with these guys . Bernanke has already said in testimony that we do have an Energy Revolution going on in this country. Ironically, that is keeping oil prices down. That keeps inflation down. Irony there. Stuart i would love to know what he is going to say. Will he now turn around and say we should build the pipeline. Will he say that . He is a tough guy. Stuart you remember the website. That is the working alternative to the highly problematic obamacare website. We have one of the founders joining us now with some interesting news. You, sir are partnering with the enemy. You want to tell us exactly what it is doing . Stuart, it is great to be on the show. Stuart you are an alternative. You are already set up. I can go on your website and i can select a plan. In the future, i can accept a plan from these exchanges. That is correct. You can receive a subsidy and get that premium and avoid the tax penalty as well. Youll show them how to do it right. The government does not view this as competition. It is about getting people signed up for Health Insurance. We would like to build and easier faster simpler signup experience, they said sure. Here are the technical tools that you will need. Will i put my personal information into the website . A lot of people are very worried about that. Our site is very secure. Separately, the actual part that takes your personal information, route to the date of we never touch that information. We simply say here is a shopping at periods. Find a plan that you want. You set your site up for a few thousand dollars, as i recall. It was not very expensive to set it up. The government spent over 600 million setting up the obamacare website. I presume that you will teach them how to do it. Competition, we believe, is a good thing. Stuart are they paying you . They have basically said hands off. It is really all we needed. Our costs are very low. Actually, that is the deadline for getting an world this year for healthcare. Stuart george, thank you very much for joining us. Fascinating. Stuart up next, the real Halftime Report. Still time to buy, do you think . All the headlines after this. Time is on my hands yes, it is time its on my side yes, it is good times just wait and see the shell brought him great fame. But then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in the Trading Platform. [ indistinct talking continues ] [ male announcer ] so the magic shell went back to being a. Sll. Get live squawks right in your Trading Platform with think or swim from td ameritrade. Get live squawks right in your Trading Platform 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 tes for 10 years. With new jobs, new opportunities and a new tafree plan. For 10 years. Theres only one way foyour business to go. Up. Find out if your business can qualify at startupny. Com can you start tomorrow . Yes sir. Alright. Letshare the news tomorrow. Today we failrly busy. Tomorrow were booked solid. We close on the house tomorrow. I want one of these opened up. Because tomorow we go live. Its a day full of promise. And often, that day arrives by train. Big day today . Even bigger one tomorrow. When csx trains move forward, so does the rest of the economy. Csx. How tomorrow moves. Stuart google lobbying lawmakers in at least three states that would stop legislation that would ban google glass. Taco bell prepared to roll out a new Breakfast Menu next month. A wall full toggle and a bacon, egg. Oh. Yum brands, it is up. Surely the weather is a factor there. Up another near 5 today. Home depot, disappointing sales. The stock is up 20 in the last year. The real Halftime Report is next. We will have to deal with tesla. The price of gold, time to buy, do you think . Those litt things still get yo Cialis Tadalafil for daily use helps you be Ready Anytime thmoment is right. Cialis is also the only daily ed tablet helpsapprov to treatnytime thmomsymptoms of bph, like needing to go freently. Tell yr doctor about all your medical conditions and mecines, and ask if your heart is healthenough for sex. Do not take cialis if youtake , as it may cause an unsafe drop in blood pressure. Do not drinklcoln excess. Side effects may include headac, upset stomach, delayed baache or muscle ache. To avoid longterm injury,gety if you have any sudden decrease or ls in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breaing or swallowing, op taking alis a get mecal help right away. Ask your doctor out cialis for dly use and a free 30tablet trial. Stuart time for the real Halftime Report. Joining us from chicago is scott. Gold, a 13 month high. Did we miss the runup . A two letter answer. It is no. I am a seller here. We are not really seeing inflation. We have armageddon and the ukraine. Those are two reasons why i think i want to own gold. Stuart very precise. You are in baltimore. We dont do out reluctant bull. Are you still reluctant to jump into this thing with the dow at 162. I have been fully invested. I think we are in the beginning stages and the generational bull market. I am seeing some issues here. I am getting increasingly cautious. Stuart tell me about the housing bubble. Certainly has a reasonable runup. Now we have jpmorgan cutting jobs from their mortgage unit. In 2013, they cut 11,000. We have seen the price index go up. And 20 metro areas it was up 13. 4 . On the month over month basis, it is actually declining. On a year over year basis, yes, it is looking good. The final answer is wearable the mortgage money come from . A lot of the buying has been from institutions. Stuart all right. We hear you. Tesla has announced it is building a plant in america with panasonic to make batteries. A big fan of elon musk. He has captured so many people. He has got to get a cheaper battery in his cars to fight with the big guys. Teslas market cap is half of general motors. Three times the market cap of fiat. He wants to run with the big boys. He has to get a cheaper battery. Stuart let me get to linked in. I do not think the chinese news is encouraging for me. I do not think that in the long run this will be big news. Right now they have only about 4 million users. I do not think the Chinese Government will let them grow at the rate they expect. I am not sure that their commitment to freedom of speech will go that far with the Chinese Government. Stuart nicole, we will call it the amazon for moms. Zulily. Nicole i have not used it. It certainly seems that i should. This is a 22 ipo back in november. New record highs. Sales in the Fourth Quarter doubled since last year. Lots of stocks are going straight up today. Scott, i have to get back to you about bitcoins. Is this the beginning of the end for bitcoins . Yeah, i think so. Maybe you want to get into gold for a little bit of a pop. I think ten years ago it was a hero, now it is bitcoins. Stuart that is fascinating. Thank you. Check out the share price of michael kors. Speaking of deathwatch, look at block very. Yes, we put it on deathwatch. Look at it now. Up 9 today. Though polar vortex returns this week. Liz, what kind of effect on the economy . Liz it will hit the restaurant and casual dining set your heart. A temporary impact. By the way, this polar vortex has been around for decades. This is not a new phenomenon. We should not talk about it like it is a new phenomenon. We have had freezing temperatures. Temporary impact will hurt the casual dining sector. Stuart there you go, liz. Check out this video. Netflix poking fun at amazon and its drones. First, a thank you to you the viewer to moving with us to our new time slot. You will bring that whole audience thaa you developed over the years down to that timeslot. Congratulations. Fbn looking great. A controversial new movie. Son of god has already sold half a million tickets. Join us tonight at 7 00 p. M. Eastern. Stuart netflix is having a little fun at amazons expense. Releasing this video today. Take a look. We have literally spent days working out most of the bugs. By enabling Location Services on your smart phone, the disk and come to you wherever you may be. Stuart making fun of amazons prime drone air delivery service. What kind of a drone would show up if you forget to return your dvds . Stuart first it was Larry Summers who said downtown abby economy here we come. Now, prince fountain abby economy of the 1920s was slightly less unequaled in the u. S. Today. Come on, liz. Remarkably absurd. It does not take into account the fact that the middle class owned mutual funds and etfs that do not get reported. It skews the comparison. Talking about 1920s england. The other absurdity is this. The real story about income equality is about jobs. Stuart downtown abby is about aristocrats the. Todays rich made it themselves. You play by the rules. You fight hard. You compete and of the food chain you go. Excellent. Your take on bar rescue host john tasker is next. My dad has aor afib. Brillation, he has the most common kind. Its not caused by a heart valve proble dad, it says your ib puts you at 5 times greater risk of a stroke. Thats why i take my warfarin every day. But it looks like maybe should ask your doctor about pradaxa. Pradaxa® Dabigatran Etexilate mesylate . Was proven superior twarfarin at reducing th risk of stroke. And unlike warfarin, with no regular blood tests or dietary restrictions. Hey thananksor calling my doctor. Sure. Pradaxa is not for people with articial heart valves. Dont stop taking pradaxa sure. Without talking to your doctor. Stopping increases your risk of stroke. Ask your doctor if you need to stop pradaxa before surgery or a medicalor. 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 obleeding, 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 hav kidney problems, especially if you take certain medicines. Tell your doctors about almedicines you take. Pradaxa side effects include indistion, stomach pain, upset, or burning. If you or someone you love has afib not caused by a heart valve problem. Ask your doctor out reducing the risk of stroke with pradaxa. Even in tough economic conditions, somebody is making money. Look in the mirror every morning and blame yourself for failure. When you own your failure, i believe you own your success. Stuart that was earlier this hour. He brought his wisdom to us today. And heres what you had to say about all this stuff to cover this morning. He had to say about america returning to rick and ask tax cuts. There will be no tax cuts for meaningful reform. Hes impossible to deal with even if the g. O. P. Takes the senate next year. Frank excited to see him on the show. Always a class act and tells it like it is. Paul has his own advice for our viewers, stock advice. He says how do you make a fortune in the stock market . Buy any stocks stuart would put on deathwatch. He was being very cheeky. Stuart he is right. A couple of stocks we thought were not going under, but down for the count, put it like that. Blackberry was one of them. Game stop. Jcpenney. All of them came back. Our producer says we were right on kodak. Back in the 1980s. Somebody said maybe we should short it, so it could you are pushing it down. What are you, some sort of communist . Back then you could not talk down kodak. Probably about 1981, before you were born. A long, long time ago. That and is our program. Cheryl, adam, it is yours. Cheryl we will be looking at tesla. Up 500 over the last year, stuart. Adam im trying to figure out, jcpenney . 5. 50. Be really careful. Cheryl he is going to make money all the way to the bank in the next hour, and hopefully will make money in the next hour of markets now. Adam home depot whips, Toll Brothers warned. Pointing the finger at mother nature. The Broader Market so for weathering the storm. Cheryl the bowls are not the only ones losing momentum. The house recovery is running out of steam after the best unit again since 2005, home prices slipping in the month of december, the second straight month over month decline in moments. Robert shiller, the coauthor of the caseshiller index joins us on if the recovery at home values is over. Adam uncertainty in ukraine, venezuela and egypt driving trading in gold. Prices are holding at levels not seen in four months. Jim rogers on whether or not he is buying at these levels and what he thinks will help outperform medals at this point