Begin. Well, will you look at fat, happy monday morning to all of you investors. Dow jones dust fills take the 17,000 level, very nice gain of 104. Taking on why the market is up, dont have one. It is up 134 points. Charles payne however will no doubt have a reason. There are four stocks in the dow jones 30, hitting record alltime highs. 3m, innate health, disney, travelers, straight up. S p 500, a nice rally there,. 6 gain. As for oil, continue this decline. 100 per barrel as of now. And gold, watch out. Biggest drop of the year so far down nearly 30 just above 1300 per ounce. The tenyear treasury not not Much Movement there today. Now this, another big American Company making a tax move. Charles, do you know what the pronunciation is . The old abbott labs. 53 billion. Making the arthritic drug, arthritis drug, largest grossing drug in the world. Charles payne. And this is all about tax rates, i get that. But this largest grossing drug in the world belongs to American Company which will jump ship, what do you make of this . Charles it is a statement that these Large Companies are moving offshore because of tax rates. A message that anyone in Congress Send in the white house they should get this message, come up with the legislation to stop this from happening. Instead how about making Solar Companies from overseas will love to do the exact opposite. How about moving to america because not only the richest economy in the world but better tax rates. Instead they have gone the other way. Stuart what we Tell Companies you have responsibility to americans . I disagree with that entirely. They have a responsible it may as much money as they can for their shareholders, that is their responsibility. Charles absolutely. It is not working. Any company who tries to build a company around that is going to lose everything that time. Of course you want to work smart and be good to the environment, but the bottom line is all the stuff should also the bottom line, not supersede it. Stuart look at this. Creighton with creating google glass, behind the smart contact lens program. Look at the two stocks we have here. Amazon is up 7, google up 5, interesting move on the guy who is credited with creating google glass. Here we have shayna joining us from social radar. What is this about . This is a big deal . This guy goes to amazon, is it a big deal . In a war of innovation among these Companies Like amazon, like google, like apple, the talent is a huge factor in innovation. I think it is a loss for google, but amazon is doing some great things and should be a pickup for them as well. Stuart i wonder they will get into the wearable computing power. If they get the guy who created that to work for amazon, and this is another whole new direction amazon continues to attempt to go. He created the contact lenses, the class, and he kind wearables coming out of this amazon lab is the place they create super secret projects like the fire tv box and the phone. He is headed over there to work on some new, Meeting Technology we will see in the year ahead. Stuart wants to talk to you about the next iphone launch that will be delayed because they have manufacturing problems with the biggest screen on the new iphone. I say so what, he always get speculation around everything apple ever does. I think it is meaningless, frankly. It could be, but the guy who said it is known to have broken some apple news in the past, so he has some respect from apple Insider Community and he is saying apple may need to delay the release of the 5. 5inch phone, a much bigger phone, we may see that delayed until 2015, like you said though, there is no firm news here who says this is going to happen. Even if it does come it may be delayed only a month or two months into late 2014. You are right, this guy has a record of giving some great rumor news in the past. Stuart they are calling iphone users wall huggers because they have to plugin constantly to recharge. Does this raise the issue of the battery life in an apple versus an android product . You think the bigger screen on the new iphone, i am told that uses more battery power, so apple iphone users with a big screen will have to recharge more frequently, and my totally lost . There are two pieces of news here. The samsung ads attacking battery life, and also this news that the bigger screen will take bigger battery power, but the news on the street is the bigger 5. 5inch will have a bigger battery so apple will have a bigger battery, so yes, the commercial is quite funny. I do have to plugin, but i think anybody who uses their smart phone is much as somebody like i do use it is going to be attached to the wall. Samsung phone can take out the battery pack and slide on a new battery pack and that is probably where they are winning the war there. Stuart i am an iphone user these days, i dont mind plugging in. 80 million, hulu shelling out 80 million to show episodes of south park right after they air. What am i missing here . They take a big bet on the independents otto had a current episodes but 240 past episodes will now be behind a pay wall on hulu so you have to it to see those back episodes. Theyre hoping this will attract the younger males and the hard demographic to some of these companies to capture. Stuart and nice chunk of chan change. Your straightened me out and all kinds of things, i appreciate that. A lot going on with citi. 7 billion settlement. The stock please. Nicole the stock is doing well. You had a couple of things, the settlement on the mortgage investigation, and also earnings news as i heard charles say. Up 3. 7 right now, 48. 72. They are paying 7 billion to resolve what happened back in 2008 mortgagebacked securities, they were under fire for that saying they sold Mortgage Securities they knew they had defects to Pension Funds and they could still have some charges to go along with it but at least that is mostly settled at least for now. The other part of it is the earnings coming in with top and bottom line beat trading reven revenue. There were concerns of fixed income trading revenues and not as bad as everybody thought. Financials are doing well. They are doing great today. Stuart not bad. Thank you very much. Some choice words for the president on his decision not to go to the board last week. Listen to this. I tried to compare it almost like if i went on vacation to san juan, puerto rico, and my wife was ill in the hospital and i stayed on the beach, you could say it wasnt necessary, youre not a doctor, you dont have the medicine to cure her. I dont think my wifes family would thought she made a good decision picking me as a husba husband. Stuart out. Joined by tim walberg from michigan. Thank you for joining us, i am sure you heard what the congressman had to say there. I thought he wa was a leading advocate for hispanics with a hispanic caucus, a huge supporter of president obama, and there he was harshly criticized. Good to be with you. I would concur. Representative is probably the foremost spokesperson for the hispanics all across this country and the world, but i think he was feeling for his people there. When you see the criteria crisis going on at the border, the result of the president s own making. I would change illustration to say if i were in the family visiting down near where my aunt was in the cardiac intensive care unit come out certainly want to be there because i might have that here. He uses his blood points to tell them we want to assist where there is needed. This is not a country open to amnesty. We will do what is necessary to uphold our laws, you have to understand that, and we can stop this problem. Stuart i think the compass the no space we saying we need more money to care for the people coming across the border, we want more money. If you say no, we are not going to spend the money, you come across as harsh, inhumane and antihispanic. Kind of a voting political tract here, isnt there westmark that is politics. By using our law, the ability to carry out the law. He has responsibility as the chief Law Enforcement officer in the country to do that. I would say if the dollars we use for this crisis are the president on making taking away dollars from their district, people who have needs there, social service needs, people being traffic by human smugglers and the likes, we have wasted dollars going to benefit people and i said that is the unconscionable thing. Stuart if you had to vote today on the 3. 7 billion request from the white house to deal with this crisis, would you vote for it or against it . Are there points he would put on the table of saying we will use the law, who will put protections in place to keep ourselves from encouraging people to come here to violate the law because they think america will allow that to happen. Stuart thank you for joining us, we appreciate it. Stuart, thank you. Stuart the latest Climate Change scare tactic linking Global Warming to an increase in kidney stone cases. The doctor has more on this one for you right after the break. Let me ask you a question. If youve had chickenpox, what do you think the odds are of getting shingles . Those odds are high enough. Stuart the dow was up 132 points. Earlier as a rhetorical questi question, what is the reason of the day. What is the reason today. He had a terrific answer, the absolutely right answer he said is there are more buyers than sellers. That is very good. No laughing matter, look at the price of gold, please. Up 30 as we speak. The biggest drop of the calendar year. The price of oil is down 100 per barrel, that is it. Ebay got a downgrade and a lower price target. Not exactly down a lot. Down 0. 43 at 51. Are you curious about any particular stock . Tweet us using the hashtag askpayne and Charles Payne answered the question babak parviz guess what you asked about. Yes, lumber liquidators. Charles a lot of viewers sold the stock a while back once he found out the ceo was a serious obama backer. They got lucky in this case. I have to looking for a place to buy it. Up huge on four times average daily volume. Next a down six and then 15. The guys on wall street to plant these rumors set them up to then there was a takeover. Somebody knew this would be a bad earnings number and got out ahead of it. They soliton of stocks ahead of this. Stuart now this, head scratcher for you. A study linking the rise in cases of kidney stones to Climate Change. Fox news medical a team dr. Marc siegel is here. Im not going to get into the Global Warming issue here on this show. What i will say is this is nonsense. Heres why this nonsense because the reason ca keystones are on e rise is because guys like you are eating much dairy, not enough fruits and vegetables. There is also an obesity epidemic which does not apply to you, youre not involved in that part but people gaining too much weight, eating all the wrong foods and dehydrated. Yes you are more likely to get it in hot weather because a few days after hot weather is when you get the kidney stones because you are dehydrated. Stuart i had a kidney stone in phoenix. I took and tear bottle, i mean and tear bottle of aleve. Ileave the pain sufficiently lie to make the speech that i was therefore in the morning. The agony returned, check into the emergency room when i got back to new jersey, they operated. What do you make of him and his wall is an bottle of aleve. The treatment is water. It was killing me. They can be a problem in the situation but he made it, you are fine, youre healthy, you eat your salmon every morning. You are in good health. Stuart you can come back. How this may have some, try this one, the nickel in the ipad and other devices may cause a rash, is that true . That is true. Nickel and earrings, even eyeglass frames, you can be allergic to it. They have nickel alloy. The solution would be to keep it in a case all the time which multiple do anyways. If you get the nickel allergy and a case report of that, journal of pediatrics a case report of a kid who had that problem got treated with steroid creams, antihistamine. Thats generally lifethreatening problem. Even the ipad have problems beyond the blood says with them. Stuart you think they are available for liability lawsuit . I dont think so. Maybe if they were not letting people know there was nickel in it. I dont think there is a lawsuit in this, but i do think this is a good public reminder. We think of them as something totally different. Stuart we should live in fear, right . No. This is a very rare allergy. Stuart i can give you a personal story about a kidney stone. Youre trying to get me into a Global Warming. It is monday morning, congratulations. This one is official, lebron is going back to cleveland, but he might not be staying as long as a lot of people think. And there is this, jean simmons says he is not ashamed to be a part of the 1 . We will cover it next. [ male announcer ] we know theyre out there. You cant always see them. But its our job to find them. The answers. The solutions. The innovations. All waiting to help us build Something Better. Something more amazing. A safer, cleaner, brighter future. At boeing, thats what building Something Better is all about. Im dave and i have copd. At boeing, thats what building Something Better is all about. Im kate and i have copd, but i dont want my breathing problems to get in the way my volunteering. Thats why i asked my doctor about breo. Oncedaily breo ellipta helps increase airflow from the lungs for a full 24 hours. And breo helps reduce symptom flareups that last several days and require oral steroids, antibiotics, or hospital stay. Breo is not for asthma. Breo contains a type of medicine that increases risk of death in people with asthma. It is not known if this risk is increased in copd. Breo wont replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. Breo may increase your risk of pneumonia, thrush, osteoporosis, and some eye problems. Tell your doctor if you have a heart condition or high Blood Pressure before taking breo. Ask your doctor about breo for copd. First prescription free at mybreo. Com were changing the way we do business, with startup ny. Weve created tax free zones throughout the state. And startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. Thanks to startup ny, businesses can operate tax free for 10 years. No property tax. No business tax. And no sales tax. Which means more growth for your business, and more jobs. Its not just business as usual. See how new york can help your business grow, at startup. Ny. Gov i dont know why you would leave fat beats and go to cleveland. I love cleveland but dont know why you would leave south beach and go to cleveland. Stuart he did go, you know. Former nba allstar otis. Now were learning lebron signed a twoyear deal, and he can leave after one year. So much for going home, charles. Charles he said he was going home, he didnt say he was going to stay long. He doesnt have an obligation to stay or play in cleveland. This guy i think is really trying to win some championshi championships. They have some great talent, if he gets there and they start to gel. Stuart you build a team around me, if it works, i stay. Charles back in the day guys about the same team forever and never go through the ups or downs with them, they put together these teams to win championships, it doesnt feel the same, doesnt feel the same. Stuart another company of yours bringing a deal for the 3d printers to home depot. Home depot will sell these things on a retail basis. I think it is in 12 of their stores. I think that is a big deal for 3d printer to get into a home depot. Charles and on their website. Home depot is a big, big deal, and what you can do for these things, what you can use them for behind a glorified played olfactory. Stuart christmas is coming not that far away, show people what they can get in their own home. Stuart everybody has a cell phone this point, almost everything. How many people have a 3d printer at home . Gene simmons says he is not ashamed to be a part of the top 1 . Says i have been a part of the top 1 for the last 30 years, it is fantastic. That comment a lot of you viewers fired up, here are some of your comments. Starting with mike, why should he be ashamed. The achieve the american dream, men like him should be celebrated. Yes, sir, you are right. He has worked for every penny he made, he marketed his band and himself superbly, he deserves his success, stand proud. Charles, think youre going to echo both of those comments. Charles i think gene simmons is the 1 of the 1 and should be more proud, and the talk about how the wealth has changed from 1979 until now, the 1 has a greater share of the wealth. To suggest somehow it was five dudes who had all the money and they still have it now, but more of it. It is jean simmons who climbed from the bottom and all the way through. Only in america. Stuart it is okay to make a ton of money in some ways like hightech. Charles or if you give enough speeches for 104 million, hillary is having a tough time with that one. Say do you want it or not. Give me a podium and a couple of things to read off of. Stuart i deserved my fee for that. Charles that speech was going to be given. Stuart tens of thousands of immigrants children crossing the border plus attorney general eric holder says all immigration laws are being enforced. Judge and napolitano will join us after the break. [ male announcer ] if you cant stand the heat, get off the test track. Get the mercedesbenz youve been burning for at the summer event, going on now at your authorized mercedesbenz dealer. But hurry, offers end july 31st. Share your summer moments in your mercedesbenz with us. U2. Stuart you know them all. They are all moving higher. All of them of very nicely. Microsoft at 42. 28. Eric holder says he and obama have been targeted because of their race. It has been directed at the president. You know, people talk about taking their country back. There is a certain racial aspect to this. Stuart what do you have to say to that, charles . Charles it is. Dangerous. Give me a number. They always get back towards connecting the dots. Specifically towards the tea party. Most americans just do not like the idea that we are over dated, they are losing their rights, people want to take out parts of the constitution. I do not see how any of that has to do with race. It is starting to get depressing. You are doing a great job. Lets talk specifically about your Job Performance and that alone. Stuart well said. Thank you very much. The english laws are being enforced. We are faced with it extraordinary situation where thousands of people, young people, are fleeing Central America for economic reasons. To get away from endemic violence in their countries. Stuart all rise, please. Judge Andrew Napolitano is here with us this morning. They certainly are not being enforced as they are written. Four better, for worse. I happen to disagree with it. If you manage to get in on a lease and and you stay here longer, you are unwanted. The president said i will show you how to avoid deportation and say here although it is illegal. Get a high school diploma, learn to speak english, get a job, pay taxes, stay out of jail. If you do these things, i will not deport you. That sends a message to others. Is the president and forcing his why would when he is telling them to avoid enforcement . No, he is not. Though wilberforce wont. You know who he was. They stopped slavery without violence. This wilberforce law makes it a crime to send a child over a border four the purpose of sex trafficking or job trafficking. A force of slavery. If a child has gotten into the country to escape that, the child cannot be set back. It does not say that thousands of children employed the borders and you cannot do anything about it. How do they know if the laws are being enforced . They do not until they hold hearings on all of these kids. Stuart one more for you, george. A bold statement from the white house. I think it stands up for anyone. Helping to be the most transparent in history. Stuart judge. This is a gravely opaque administration. It took two and a half years of litigation. Millions of dollars in legal fees. No one has ever claimed that legal opinions stuart thank you very much, judge. Pleasure. Stuart citigroup. Nobody is getting arrested. No criminal charges filed. I think it is a shake down. Stephen moore weighs in on that after the break. Hard it can be. How. To breathe with copd . It can feel like this. Copd includes chronic bronchitis and emphysema. Spiriva is a oncedaily inhaled. Copd maintenance treatment. That helps open my airways for a full 24 hours. You know, spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. Tell your doctor if you have 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 can get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Sfx blowing sound. Does breathing with copd. Weigh you down . Dont wait ask your doctor about spiriva handihaler. Stuart a different take on the business brief. How about a making money idea. It is a spam that is a key component in fracking. Wisconsin has 4 Million Pounds of this. A 30 year supply. They just opened up a new facility there in texas. Nothing is really hurting it. Nonetheless, amazing upside potential. Wall street is looking for fiscal year 15. 2. 73 months ago. The stock will make a major[b breakout. Longer term, i think this could be a 100 stock. Time and sales data. Splitsecond stats. Its so close to the options floor, youll bust your brainbox. All on thinkorswim, from td ameritrade. Stuart biggest draw of the year for the price of gold. Nicole it is really interesting. Coming off the lows of the day. Down 1. 7 for barrick gold. Gold corporation down 2. 57 . There is also portugal that has been under scrutiny. They are heavily invested in gold. While i was reading a note, they talked about gold. This can be viewed in two ways. It could be a very bullish turn that people start to believe in gold again. This could be a nice opportunity stuart we got it. Thank you, nicole. Lets get back to the citigroup story. I want to bring in steve moore. 7 billion as a settlement. I think big banks. About 200 billion in recent months and years. Nobody goes to jail. Nobody goes to court. I think it is a shake down. I like that word to describe this. Here is what bothers me about this story the most. Thanks back in 2005, 2007 were doing exactly what the federal government wanted them to be doing. Get those Mortgage Loans out the door. Whether or not the people have the down payment. The other thing they were doing, think about this, stuart. Guess who was providing 100 aaron to use out of those mortgages. The question is, why are we looking at these fines to fannie and freddie. They were basically government operations. Nobody ever has to go to court. The government does not put them in court because they would not win. They can pressure them with regulation. Here is the question, all of the money taken off of wall street. It is not helping the economy. Exactly. They are not lending. They are not making loans to Small Businesses. Why arent they lending . The banks are being caught one way or the other. This is a big reason why the banks are contracting their lending. Stuart they need dynamic banking or financial systems. If the witchhunt goes on, you will see continued extracting of lending. If you look at the mortgages, it was the federal regulators that were telling banks they would have to hang on to these mortgages. Who are these federal regulators to tell the banks today what they should be doing when they were crimes themselves. Stuart back when they were heavily pressured by the government. In washington, no deed goes unpunished. Stuart not bad. Not bad at all young man. And Advertising Firm that wants you to give up facebook for 90 days. The most powerful drug that we know. In new york state, were changing the way we do business, with startup ny. Weve created tax free zones throughout the state. And startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. Thanks to startup ny, businesses can operate tax free for 10 years. No property tax. No business tax. And no sales tax. Which means more growth for your business, and more jobs. Its not just business as usual. See how new york can help your business grow, at startup. Ny. Gov thank ythank you for defendiyour sacrifice. And thank you for your bravery. Thank you colonel. Thank you daddy. Military families are uniquely thankful for many things, the legacy of usaa Auto Insurance can be one of them. If youre a current or former military member or their family, get an Auto Insurance quote and see why 92 of our members plan to stay for life. Ive got a nice long life ahead. Big plans. So when i found out medicare doesnt pay all my medical expenses, i looked at my options. Then i got a Medicare Supplement insurance plan. [ male announcer ] if youre eligible for medicare, you may know it only covers about 80 of your part b medical expenses. The rest is up to you. 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[ male announcer ] join the millions of people who have already enrolled in the only Medicare Supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Remember, all Medicare Supplement insurance plans help cover what medicare doesnt pay. And could save you in outofpocket medical costs. Call now to request your free decision guide. And learn more about the kinds of plans that will be here for you now and down the road. I have a lifetime of experience. So i know how important that is. Stuart get off facebook for 99 days. That is the challenge from a small dutch ad agency. What are they up to . We have director and partner from that agency. What are you up to . You are and advertising agencies. It is facebook for heavens sake. You are saying quit facebook for 99 days. What are you up to . Well, i mean, the bread and butter of advertising is happiness. Stuart you are going to do that facebook makes you unhappy. I use facebook for a lot of good things. I use it that helps me do things in the real world. When we started this campaign and, it kind of started as a joke. I got all of these emails from a lot of single moms. I baked cookies with my kids and i was so happy. I was not even thinking about sharing this or breaking about it to other people. Stuart a lot of emails from single moms in the United States of america. You found a great way of getting emails from single moms in the United States. We actually feel that it is interesting now. It started as a joke. I do not want to promote your cause, but i do want the results. People need to realize how much time they are spending on facebook. Stuart 16 that could be any social media. I cannot live without it. I love it. As long as you realize that it makes you happy and it is not an addiction. We cannot check if they login. We are going to do a login survey. We will see if they are still on facebook. Stuart the agency is called jost. He has been getting a lot of emails from single moms in the United States of america. I think you just got some perfect publicity, young man. Are you guys joining . Stuart no, i am not. Charles i am not on facebook yet. Stuart john boyce. He goes on a rant against the white house. That is coming up. New at noon. A father daughter duo on a new hit show. Deadliest catch. How much money do you make risking your life to catch crabs. The second hour starts in just two minutes. [ male announcer ] this is the age of knowing what youre made of. Why let erectile dysfunction get in your way . Talk to your doctor about viagra. Ask if your heart is healthy enough for sex. Do not take viagra if you take nitrates for chest pain. It may cause an unsafe drop in Blood Pressure. Side effects include headache, flushing, upset stomach, and abnormal vision. To avoid long term injury, seek immediate medical help for an erection lasting more than four hours. Stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. This is the age of taking action. Viagra. Talk to your doctor. If your doctor decides viagra is right for you, you can fill your prescription at your pharmacy. Or, check out viagra home delivery, a convenient place to fill your prescription online and have it shipped at no additional cost straight to your door. Viagra home delivery. Get started at viagra. Com. Viagra home delivery. I take prilosec otc each morning for my frequent heartburn. Because it gives me zero heartburn. Annc prilosec otc the number one doctor recommend frequent heartburn medicine for nine straight years. One pill each morning 24 hours zero heartburn. Stuart dont care about any of that. The dow is back up above 17 k. The world cup is over. Now this is a monday morning headlines. A big day for stocks. Another alltime record high. Growing course. John boyce unloading on the white house. A reader of the hispanic congressional caucus. Looking at amazons delivery drones. You know the names. They are on deadliest catch. A huge ratings winner. I will bring you the last word on the world cup. Lets get to the real news of the day. The dow well above 17,000. City leading the way. Disney, travelers, they are all on the dow and they are all hitting alltime house. The s p 500 also. Oil continues to drop. We are now at 100 per barrel. No change right now. The biggest drop of the year for gold. I will give you the news on city. They made very strong profits. They also settled with the government. Up goes the stock. 3. 5 . Go figure. Go pro and parents. That stock down nearly 4 . Another American Company is making a tax move overseas. Close to a deal to buy an irish drugmaker 453 billion. Abbvie makes the drug humira. They are heading overseas avoiding our skyhigh Corporate Tax rates. Facebook and twitter, they are up to date. Both set usage records during the world cup. Look at twitter and facebook today. This is because those companies, twitter and facebook each set records on this world cup final. For twitter, that was big news for them. They did so well against brazil. For facebook, they outpaced even super bowl 2013 by a cool amount of interactions. This is a big deal. Stuart i told you world cup would be a success. Microsoft. A new high. Why dont you tell me about that once inside on that stock. Nicole right now it is up about a half of a percent. It is up 13 this year. Microsoft. New high. Stuart i will take it. Thank you very much, nicole. 107, 108. Here is larry levin coming in from chicago. What do you think . That report comes in at 96. We have a whole bunch of support levels. Now, it looks like we will get below 100. It is played by mostly computers. Stuart thank you very much for all of this good news larry levin. I am sorry that abbvie is leaving your hometown. John boyce slamming president obama. Just listen to this. Let us not forget benghazi. Let us not say what difference does it make. Obama found a perfect way to put this under the rug. Republicans just want to move forward with this administration. Still, to this day, we do not know the truth. Let us not forget the way our veterans have been ignored and many left to die in many of our veteran hospitals. Let us not forget the irs scandal. Does he think that the American People are stupid . Stuart that was kind of outspoken. We knew that john boyd was conservative. Is this a sign that a few more people in holiday it will start to say that it is not going well . I am not sure. God bless him. He is doing his part to try to indicate that it is okay to come out. I will go on huckabee and list the grievances against the president. Clearly brought clearly thought through. John boyd is not afraid to do exactly the same with both guns blazing. Stuart what do you think of it . Sharply critical of president obama for not knowing to the borders. He is critical of the president. That is very unusual for democrats in the house. This will be a very temporary alliance in my estimation. His view of where the immigration issue should go is surely different. This is an aloofness issue. He went to texas, but not all the way down to see the crisis. He is the president of the United States. Now people on both sides of the aisle are noticing he is not really doing his job. Stuart back in may, this summer, this whole period, the president really is under sharp attack from both sides. There is a feeling that things are not right. They are not going in the right or action. We deal so much in politics. This is the ground swell. I think you have a financial reaction on the market and the economy. What do you say . When it comes to the attacks we are seeing from the democratic party, i think it will be less and less rare as we get closer to november. This is self preparation time. He votes for the president 97 of the time. He wants voters to believe that he stands up to the white house. Big shift among democrats. Stuart if you have the time, would you stay with us for the next hour . Absolutely. Stuart all right. Stay right there. I have a point for cheryl. The owners of the trump plaza casino in Atlantic City say they will shut down by midseptember. Donald trump was on fox news this morning. He said 75 of the casinos in Atlantic City are going to be bankrupt or are bankrupt already. How can you possibly screw up a casino right on the beach within two hours of new york city . Competition. States are building casinos like pennsylvania. Online gambling beard las vegas. Las vegas revenues are coming back. It is more familyfriendly. They cannot compete. Atlantic city cannot compete. Stuart you can now gamble on your tablet in jersey city. Exactly. You have boardwalk empire. None of that is helping with the reputation and experience. I think mr. Trump has a great point. There will be maybe eight left. Thousands of jobs. The atlantic club. Shut down. Closing midseptember. Lots in jeopardy. They have been trying to find a buyer for the rebel casino. Nobody wants these properties. Nobody wants to all i know. This is, again, competition. It is also the fact that it is tough to get to. It is rather far from new york city. Why would i take the time to drive to Atlantic City . I have heard the stories about you in las vegas. Stuart i hate those stories. [laughter] stuart i feel like i am going to a high school prom. One of the most dangerous stars in the world. Deadliest catch. They are here after the break. This has 36 hours on it. The local unlimited cash back. Let that phrase sit with you for a second. Unlimited. As in, no limits on your hardearned cash back. As in no more dealing with those rotating categories. The quicksilver card from capital one. Unlimited 1. 5 cash back on everything you purchase, every day. Dont settle for anything less. Ill keep asking. Whats in your wallet . Stuart successfully rerecorded. The captain ran aground off the coast of italy. One of the most difficult salvage operations ever. The shift will be told to italy. The whole deadliest catch. The number one show on cable on tuesday night. Been that way for seven straight weeks. I am envious. Mandy, you joined this group . I did. Stuart when . I have done a couple of episodes already on air. Stuart what do you do on the ship . It is a vessel. I am the big girl. I make sure that everything is prepared. Stuart okay. [laughter] stuart tell me, honestly, are you frightened . The show is called the deadliest catch. Are you generally frightened . Not as much as i thought i would be. When i realized how bad it was or the fact that we were all alone, how the boat was just floating along, you were out there alone. You see how big the waves are compared to the vessel itself. Stuart lets turn to your dad. It is the real deal. This kit has been bugging me to go up there for years. We have a salmon charter that we do. It is nicer weather. That is fine. Stuart back off there. You are talking about a winter fishery here. Stuart i have to ask you a typical financial question. In the winter season, how long is it . It depends. Stuart what can you make . Typically, lets say if you have a defect quota, the balkans fish anywhere from two 4 billion. It just depends. I can fish multiple. Stuart one vote, one season, two4 million. What is your Liability Insurance . In the hundreds of thousands. Stuart you can still take away a Million Dollars clean out of a good season. Oh, yeah. Stuart i am not trying to be pushy here, but to make more money fishing for crab or the tv show. I have to be careful with the tv thing. There is a lot of overhead. There is a lot of maintenance. We have had our ups and downs. We have the cameramen on the boat. There have been times where we said we are done. Fishing first. We are that serious about it. There is a Mutual Respect game. They really do respect us for fishing first. It is not all about lets be on tv or this is a documentary. Over the years, it has done a lot of great things for our industry. The advertisement. The money cannot pay for that. Stuart it is a compelling show. Look at that. You are out there. You are doing this. It really gives viewers. It really intrigues. Are you getting a cut, mandy . No. Stuart dad . She is in it to fish. That is all it is. You start at the bottom. Stuart did you catch my expression . I have four daughters. If i cut them out of the business, i would be in real trouble. Stuart she cannot be treated any different than a regular crewmember. She is the one that has to go up there. It took a little convincing. Then i told the crew not to go easy on her. I was a little easy on her because she is my daughter. They really stuck it to her. She was going to learn her keep. It is not for babies. Stuart not for kids. It really is not. My father treated me the same way. And his father before him. Stuart i am almost out of time. I take it you will do this forever. I love what i do. Stuart do you want this . You can say anything you would like. Yes. Stuart excellent. That was terrific. Congratulations on a great show. Great ratings. Appreciate it. Stuart i will tell you why soccer will not work here. My take on that next. Really. So our business can be on at ts network for 175 dollars a month . Yup. All five of you for 175. Our clients need a lot of attention. Theres unlimited talk and text. Were working deals all day. You get 10 gigabytes of data to share. What about expansion potential . Add a line anytime for 15 bucks a month. Low dues. Great terms. Lets close. Introducing at t mobile share value plans. With our bestever pricing for business. Were changing the way we do business, with startup ny. Weve created tax free zones throughout the state. And startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. Thanks to startup ny, businesses can operate tax free for 10 years. No property tax. No business tax. And no sales tax. Which means more growth for your business, and more jobs. Its not just business as usual. See how new york can help your business grow, at startup. Ny. Gov stuart the dow is up big time. They are not all winners today. Totally different story at intel. Would you look at this. 31 per share. Question. What did president obama do this weekend . He did not visit the taxes order. Stuart if there is one thing americans hated about the world cup. For the rest of the world it is known as diving. Flopping onto the ground trying to fake the raft into awarding a penalty kick. It is just play act did. It was a constant feature of the tournament. It did not work for american viewers. Flopping is downright unamerican. If a Football Player tried anything like it, they would be shaved off of the field. I do not know much about football. I do not remember any fake theatrics. These soccer guys, that is a different story. The slightest touch in the act like they will die. The americans that i talk to, universally, hated flopping. What about all of those people in tears when germany scored . Adults weeping over a game . I do not recall bronco fans shedding tears when they lost the super bowl. Lyle lyondell messy. He won the best player trophy yesterday. He did not have the good grace even to raise a smile. Show a little class. The world cup is over. I think it made a big impact on america. He wanted to take off here. No flopping beard no faking. Show some sportsmanship. We do not want america to the column more like any place else. My mother made the best toffee in the world. Its delicious. So now weve turned her toffee into a business. My goal was to take an idea and make it happen. Im janet long and i formed my Toffee Company through legalzoom. I never really thought i would make money doing what i love. We created legalzoom to help people start their business and launch their dreams. Go to legalzoom. Com today and make your business dream a reality. At legalzoom. Com we put the law on your side. There was like an eruption on my skin. I had no idea i had shingles. Red and puffy and itchy and burning. Id lift my arm and the pain back here was excruciating. I couldnt lift my arms to drum or to dance. When i was drumming and moving my rib cage and my arms like this it hurt across here. When i went to the doctor and said whats happening to me his first question was did you have chickenpox . I didnt even really know what shingles was. I thought it was something that, you know, old people got. I didnt want to have clothes on. I didnt want to have clothes off. If someone asked me lets go dancing that would have been impossible. Stuart we like to concentrate on bigname stocks you know and look at this one, netflix up 12 postage 3 . Best performer in the s p 500. Democrat, his men has words for the president on his decision not to visit the border. Listen to this. I think of him going down to texas a try to compare it almost like, i dont know, if i went on vacation to san juan, puerto rico, and my wife was in the hospital and i stayed on the beach, you can say it wasnt necessary, you are not a doctor, you dont have the medicine to cure her. Something my wifes family would have thought she made a good decision of taking m the as a husband. Stuart he is very much a leader of the hispanic caucus in congress and he was kind of critical of the president for not going to the border. Actually, guy, the president played golf this weekend. He does that basically every weekend. Doesnt he golf so much more than his predecessor like five times as much . I think there is sometimes an overreliance among conservatives to go to the golfing talking point and say look at this golfing president. President s need to blow off steam. President bush would go down to his ranch and clear brush. That is what he would do to clear his mind. President obama loves to golf. The problem becomes when there are crisis unfolding or it looks unbelievably tone deaf for him to do anything other than sitting in the white house managing the crisis, he still goes golfing and it is a leisure activity most cant relate to. Stuart why do you think he does this . The criticism is coming from all sides, do something, get on the job, manage, do this, why does he studiously keep playing golf or pool and drink beer, why . I think part of it is he does not necessarily care what his critics have to say. Hes in the braided second term president and can do what he wants. We have seen thats as it pertains what issues, he did deeply cloistered president. Not just president obama, they get surrounded by yesmen, people who agree with what they want to say, very few people willing to speak out and give a different opinion when this entire staff may be the legitimate criticisms dont ever trickle to your level and you dont internalize them. Stuart i dont know who is in the president s inner circle, do you . She is number one. Very interstate talk to members of the administration, it is not just folklore that Valerie Jarrett runs the show, she is by far the most powerful president ial advisor and she has been a bulldog absolutely loyal to him as a personal friend and whether she has to the right direction or the wrong direction quicklpolitically depends on the but someone at some point has to tell the president when russia is invading ukraines territory, you cant go golfing. When theres a crisis with tens of thousands of illegal immigrant children on the southern border getting worse, you cant go golfing or at least go to the border first and then go golfing. Never the advice, hes either ignoring it or he is getting very bad advice. Stuart i believe wrote in the book the president was bored with life, board with society, so far above us he is board. That is just terrible. You stay there, i went to check the share price of amazon because it is up nicely, not a bad game. Amazon is pushing hard to get the Drone Delivery Service up and running. They want the faa to give them permission to test the drones at the seattle campus. Can you imagine this . I am not crazy here when i say there are safety concerns, you get my meaning here . Look, they have got to be 100 crash proof otherwise they will not be given permission to fly these things around my suburban area where we share the street. They do say they will only focus on very rural areas to focus on. But theyre asking for testing, wthey will only test above amazn territory. And after they meet the rights from the faa to do the testing. Stuart you cannot have 100 crash proof drones. Can you promise one her crash proof of the cars delivering these packages. It is a theoretically if you put in crash notifiers were a parachute opens up so does not fall on anyone, there are limitations you can put into place to keep people from getting hurt. It does have a lot of benefit for fuel usage, saves a ton of money if they can get it through, it is an uphill battle. Faa allows it only in alaska. Stuart i can imagine a drone trotting of the local highway dropping something off, i can see that. And the shipping costs are enormous, so instead you have this device that does it for y you. Stuart you can preprogram it to go the route. What about having drone lanes above highways, is that possib possible . It is a very protected area. They will not fly wherever they want above swimming pools and dangerous spots of kids playing and stuff like that, we will focus on roads, highways, that is safest option because if something falls out of the sky, it will not do much damage. Stuart it could fall on a car. Parachutes and such. Amazon is very aware of this. Stuart 10 years from now a drone delivery system. I think it is a little early, but again it is their first step. You place the testing and then they will roll it out over the next decade. Stuart people like me come up with ideas with something brandnew cant work. News that google glass creator, babak parviz, he is leaving google, is going to amazon. What is your take on that . He created google glass. This is a focus for not only what apple has been doing and google, this is pretty across the world in terms of having these devices integrate into glasses that can read data, search the web, check emails, stuff like that. The watches have like a half step to them. Classes are the future of that. And then contact lenses, you name it. Stuart will they embarked on a whole new area . The new phone can scan devices and check prices online is all you have to do is integrate that into glasses and you are there. They are already halfway in the door. Stuart have you ever put a pair on . I have never worn glasses because i have been blessed with good eyesight. What do you have scrolling there . Talking points . Stuart he is not wearing google glass now. To our knowledge. They look clunky, but eventually you will not know who is wearing them and they might be searching you as they talk to unbeknownst to you, which is kind of creepy. Stuart youre right, in the future may not know who is wearing what computer. I think that is terrible but i know it is going to happen. High Corporate Taxes forcing yet another bigname American Company to take the business overseas. Details on this one next. In new york state, were changing the way we do business, with startup ny. Weve created tax free zones throughout the state. And startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. Thanks to startup ny, businesses can operate tax free for 10 years. No property tax. No business tax. And no sales tax. Which means more growth for your business, and more jobs. Its not just business as usual. See how new york can help your business grow, at startup. Ny. Gov stuart how about this, ebay teaming up to stream auctions worldwide starting this fall. Some getting a bit one her 45 billion customers give them access to their options. Not bad. Take the share price of ebay, down a fraction. Fear not, cupcake friends. Crumbs will be saved. Firing of a chapter 11 bankruptcy and reopen as a private company, the owner of dipping dots suddenly closing all of the stores last week leaving thousands of employees without jobs but they will get back again privately. He took a selfie in front of a park bench but not just any park bench, a park bench with Warren Buffett and others sitting together in nebraska. He posted the photo to instagram title chilling with my homey. Stuart here it is, this is it, the real Halftime Report with Nicole Petallides at the the New York Stock Exchange be at the dow makes another record, the stocks wants to go up, is that the feeling you get . Yes it is, that is exactly what is happening. I will take it, stuart. Stuart stocks just want to go up, that is it . It is basic economics. A lot of people want it right now, a lot of money off the sidelines even though he declared the rally dead, lot of people chasing the last bunch of eggs. Stuart thank you, keith. The American Company making a tax move, what is going on . The look at tax foundation. Org, that it states of america has the highest Corporate Income tax in the industrialized world and if you dont believe that makes a difference, i think the story like were looking at today is a wakeup call, a reality check you. Another has been some bipartisan agreement on lowering the Corporate Income tax rate closing out some loopholes, the president has even talked about doing that is him of his tax plans. It is such a big bargaining chip for a broader tech feel i dont think you will see that done on its own even though it is something everybody basically agrees on. Stuart another big drug deal to tell you about. Is this one about taxation as well . Nicole it is indeed. Were going to do it once again because what you have is generic drugmaker buying a part, not even the whole company, 21 of the European Drug business being able to then take an office and headquarter there in the netherlands. They then get a lower tax base and it is great for them to basically get rid of the underperforming part of the company. Stuart it never stops. The biggest drop for gold this year, what do you say . Profittaking, pure and simple. They dont want to be the last guy when the lights go out. Stuart what about the portuguese bank, which is in big trouble. Theyll d to have a ton of gold which they might sell, sit down goes the price, does that have something to do with it . That is the theory, but i havent seen anything that says that is the case though. Stuart what about the price of oil . That is hard to say, havent taken over the southern iraqi oilfields yet. Selling a Million Dollars per day worth of crude at bally depressed prices i think theres a little catch up there. Stuart citi and the 2008 mortgage mess. Nobody is in handcuffs. I called is a shakedown at the big banks, what say you . Youre making a point about nobody is in handcuffs. We dont know why that is the case. They were talking with a story this morning. This is all cloaked, we dont know what it was for, we dont know why some it might need to be in handcuffs. That is most frustrating part of the American People. Lot of people got screwed over in the financial crash and we want to know what is happening and why. Stuart you have to take them to court before you can take them to jail. Nobody has been taken to court, just pressured them, shake them down and the money comes out of wall street, that is the way it is working right now. And we dont know who got the better deal. Stuart and what about yahoo . That is more interesting play right now. We dont know what their values are going to be so for an investor with the right perspective and a longterm view of things, ellie baba has been very exciting, albeit very volatile. Yahoo and softbank or way to get a backdoor into alibaba. Stuart that is it for the real Halftime Report, we thank you one and all. They put on an article over the weekend in barrens about go pro, they dont like it for some reason, we will ask them why. The party is over. He wrote this story, what is going on . This a stock that has gone out of control since its ipo up 60 or so, trading 80 times earnings, trading as if it has no competitors and it is in fact facing some pretty serious competitors. Stuart you say it is too much competition. That is your point. Competition is on the way. Right now the Tour De France they have cameras on the bikes but they are not go pro. Stuart we always put you on mondays because youre right about particular stocks, you had an article on johnson controls, it has a balance today, what do you say about them . We said it is industrial congressional it managing the various properties really well. Getting out of lower margin businesses into highermargin businesses, off a lot of peoples radar screens but a stock that could go up 20 or 25 if they keep it up. Stuart you are enormously powerful. Always a pleasure. Where are we going next . Do you want to tommy . A new study from the left finds to stop Global Warming. I dont know this story. I do not know this story. Let me read it as it is written. A new study from the left finds to stop Global Warming but boy is it going to cost us. How much after the break. You will get the real story in a moment. Stuart International Energy agencys World Energy Outlook predicts clans of dollars will be needed to fight Climate Change. 37 trillion must be invested in Energy Technologies by the year 2030 so says this organization. Where is this money coming from . I am a big believer making sure we are treating the plant well, and we are good of the environment, that is a value conservatives share, but we are a 17 trillion in debt already not to mention unfunded liabilities. I would like to spend a lot of taxpayer money funded by average people on main street to do this project to the chinese and indians arent going along . We just ruin ourselves. Stuart 15 per hour minimum wage is longdelayed in seattle but some Business Owners are not going down without a fight. Joining us from seattle, with forward seattle. Or try to put a measure on the November Ballot that says get rid of the 15 per hour minimum wage in seattle. If the vote were today in the city of seattle would they say yes, keep 15 or no, get rid of it . Thank you for having me on today. Really the only opportunity we have a history for this to the voters and give them an opportunity to be educated and what we feel this will actually do and how it will impact Small Business and the community at large. The best back ands that to say simply we can do what we need to do to tell people about the impact this will have and hope when they go to the ballot they will be educated enough to know they should hopefully vote no, have an opportunity to go back to the table to come up with a better plan for this city. Stuart s sounds like of the vote were today, you would not win. It sounds like you think you need for five months to get out there and spread the word it is a bad thing. You need the time frame, that what you are saying . I do feel like we need the timeframe. This ordinance was pushed through so quickly that the good portion of this Community Still doesnt even know what has actually been done, so we need an opportunity to let them know what is going on so they can become more informed. Stuart in my right to say the Small Business committee is universally imposed opposed to 15 per hour . Nothing universally opposed good we did try to propose an increase in minimum wage to 12. 50 in five years. I do think we are concerned there was no real support for the dollar amount. It was more a soundbite. Stuart we appreciate it. More coming up next really. So our business can be on at ts network for 175 dollars a month . Yup. All five of you for 175. Our clients need a lot of attention. Theres unlimited talk and text. Were working deals all day. You get 10 gigabytes of data to share. What about expansion potential . Add a line anytime for 15 bucks a month. Low dues. Great terms. Lets close. Introducing at t mobile share value plans. With our bestever pricing for business. When i realized how bad it was in effect wear out there all along with other folks we met up with, how the boat was drifting along, your honestly just out there on your own, that is a scary part about it. He see how big the waves are compared to the vessel itself. Stuart she is one of the new faces on deadliest catch. Imagine doing this . Now, here is deirdre bolton. Deirdre more than 10 million workers and retirees at risk of losing their benefits. The federal Pension Program that is supposed to backstop payments may go broke in as few as five years. We with hollywood can be done about it. Keeping track of your career and your peers, professional networking site linkedin by one of the investors joining us in just a few moments. And getting easier to buy art. Ebay partnering to live streamed the auction houses sales worldwide good with more on this partnership between the bluechip auction house and internet shopping giant, foxbusiness. Com reporter right beside me here. This is not the first time these companies have worked together, it is the second round, what is different this time