Today wall street is on a tear again. Stock prices at record highs. Varney and company is about to begin. Estonias president of to the podium condemning isis and the latest the heading of an american journalist. Listen to what he said. We are appalled by the latest news from iraq. We condemn these barbaric acts, we see isis, to all of us and stand together. The United States and our allies in this issue. Stuart strong and direct. With get president obama. He said he knew Bruce Springsteen before he had his first record. That embodied the deep ties between americans and estonians. I thank you for your friendship. With a digital ids estonians use their smart phones to get just about anything done online from childrens grades to their health records. I should have called the estonians when we were setting up our health care website. Stuart Fox News Contributor judy miller is here. You saw those two juxtaposed sound bites, same speech, same presentation. The president said he wanted to destroy isis and moments later said he wanted to manage isis. Why cant president obama articulate a specific strategy or plan . You have to have a strategy and a plan to implement one. As the president himself has acknowledged, we still dont have one for countering isis and a part of the world where it has been active for the past two years. Stuart that is incredible. Kind of shocking. You can say there is refreshing canned tour in the president s remarks but frankly, it speaks to a closeness that even our allies like the saudis have noticed and they have the guns. Stuart a question of tone. The president is on the back foot. He is not out there with any passion and firmness. As those remarks indicated. This is an extraordinarily perilous moment for europe and extraordinarily perilous moment for the ukraine and he is making jokes about his failed website on obamacare. Whoever wrote those talking points the president should have said this is not the moment but he didnt do that. Stuart like the speech was directly written a month ago and not within hours of is actually making the speech. Got to deal with what is going on in the markets for a start. Were 62 points. I want to go through the markets. At 62 on the dow. That is awfully close to intraday highs for the Dow Jones Industrial average. Look at the s p 500. A similar story. We are back at 2006. Very close to the high point for that indicator. House and bold not moving much this morning, up 4. The ten year treasury yields, we always go through these indicators, and not much news there. Come on in, charles. You got to answer requests and for me. Why is it the stock market is at record highs won the world is clearly in flames and in turmoil . That is a contradiction and i dont get it. Charles i always said i built my investments on global peace because without that you dont get global prosperity and a one billion extra people in the middle class over the last decade. We have holes back of auto Sales Numbers out today, every single one came in better than expected. Im not sure anyone was thinking about buying a car today wont because of ices. Not sure that will happen. We need to understand the markets should not collapse when terrorists do crazy things because that is their goal. Their goal is to invoke terror, to invoke fear. We were down 300 points a day. Isis would be achieving their goal. Anyway i am glad we havent collapsed in that. That is not to say we wont be afraid or worried particularly about people with these passports. A come back to america or england. That to me is a scary thing. We were able to rally right out of the First World Trade Center bombing. The market went straight up after that. After the Oklahoma City bombing went up after that. We know something more in depth, something rooted in this country, 9 11 and possible terrorist cells that would scare the heck out of the market and you would see a reaction. Stuart that is the black swan event. Charles we see one of these people come back with that passport. This mark will get hammered. Stuart back to judy. Islamic militants in libya have seized 11 jetliners believe to be in the hands of islamic terrorists. What do you make of that week before the 9 11 anniversary . Clearly it is disconcerting, worrying. On the other hand the good news is they probably cant fly them and what you want to do is make sure groups that steel airplanes and missiles and use the equipment which we sent out there to defend our allies which is a big mistake, you want to make sure they cannot consolidate territory and control to project power. At the moment i dont believe this group has the ability to strike directly at the u. S. Homeland but they will if they controlled territory. Stuart it doesnt take much to fly a jet liner from libya to your. You dont have to hit something, just why it and blow it up. The second american who was killed in syria fighting with for isis had security clearance and was working in minneapolis airport. The saudis have arrested 88 suspected what i am getting at is the anxiety level is rising in the United States of america because there is a direct threat here. We should be ignoring this. We shouldnt be ignoring it and we are not. We are so much better than we were before 9 11. We have a department of homeland securityy we have names checked on nofly lists. We have a lot of protection. Charles the point is maybe we are but it still feels like the president is dithering, that he is confused. How do you have a press conference and say i dont have a game plan . That is caring and tinkering people like crazy. Stuart David Cameron of great britain, what a total contrast. The problem is more immediate for him because they know a 400 british passport holders who are already overs their fighting with isis and other iraq or syria so he already knows the blow back problem. We know that he has not experienced expect in the Boston Marathon bombing where you had a group of homegrown guys who wanted to go over there and didnt make it, do something horrendous, but did america collapse because of the Boston Marathon bombing . No it did not. We are developing a bit of a step tougher lip if i can use the british term. Stuart i take charless point. You get some homegrown guys with passports that have been over there fighting for the bad guys, come back here, four three incidents and you have a huge problem. I have been worrying about these guys for 30 years and i am still worried about them but the difference is america is no longer asleep. Went to the president is responding adequately, that is my problem. I think the president ought to be more dynamic, more awake, meeting with our arab allies to develop a strategy, he doesnt seem to be doing any of that. Is giving off the cuff remarks as the russians crossing to the ukraine. Stuart we are going to leave it at that and go to the markets, still at or very close to record highs. The dow is up, let me look at apple, no rallies there, the stock is seeing its biggest drop since january. Iphone vi expected to debut next tuesday. The rally is down 3 percentage points, 100 a share. Home depot taking to social media to tell its customers it still hasnt determined whether a data breach actually occurred. It did say they wont be irresponsible for any possible fraudulent charges. The stock is down a bit more. Who needs kevin durant when you have supermodels giselle bunchin to advertise we. Their share got a pop on news that she would advertise for the, up a bit more today, 71. 50 one cents. Netflix, what is new here, adding more content . It reached an agreement to stream gotham. Earlier it hit 487, now it is moving to 481, very close to alltime highs. I want to move to number liquidators. Tom sullivan runs that company, comes on this program frequently to talk about how the olds fundraisers to president obama in his own home. What if you dont like Lumber Liquidators . Today the stock is a big winner and you have to tell us why. Nicole a lot of analysts on wall street, putting this one in to outperform so they think theres potential to the upside but at the same time keep in mind the same firm back in december, 125 price target. This year the stock is down over 40 . They must love it even more even though is down 40 so the stock is up 6. 5 , they talk about a macro trends improving in home retailing and the like. This is the largest home flooring in north america for hardwood, bamboo, lab and that and such so they think theres potential to the upside, a 73 price target 60. You still think theres potential to the upside . They are still living it. Stuart we hear you. Lets hear from Charles Payne who used to like Lumber Liquidators. Charles we got out just in time and got back in just in time, 55 on the stock. I thought was overssold a week ago the very suspicious activity before they warned, someone needs to investigate that. Someone new bad news was coming out of number liquidators you can see from volume and the setup. Theres a rumor of a takeover. They suck in a bunch of average investors and somebody smart with very deep pockets, the lot of stock today before the stock crashed. That bothers me a lot. I would love to see if someone in the company has investigated that as well. Down here, 55 were oversold. Stuart we will get mr. Sullivan. After the break, another alarming example of a huge and i mean huge medical bills for a minor medical problem. Here it is the store. A doctors and falls off his scooter, gets a bruise. Week passes, levon days, the peruse swells on the childs far, dad rushes into the emergency room. Two hours later the child gets a clean bill of health, literally runs out of a hospital. What do you think the bill was for that two hours stay . I will tell you. 20,000. Full story is next. When folks think about what they get from alaska, they think salmon and energy. But the energy bp produces up here creates Something Else as well jobs all over america. Engineering and innovation jobs. Advanced Safety Systems technology. Shipping and manufacturing. Across the United States, bp supports more than a quarter million jobs. When we set up operation in one part of the country, people in other parts go to work. Thats not a coincidence. Its one more part of our commitment to america. 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 you are gonna need a wingman. And my cash back keeps the party going. But my Airline Miles take it worldwide. [ male announcer ] it shouldnt be this hard. With creditcards. Com, its easy to search hundreds of cards and apply online. Creditcards. Com. Stuart multiple reports that the son of Bernie Madoff has died, andrew was fighting stage 4 lymphoma. Check out the big board. We are up 58 points. It is a rally, fairly modest but rally never the less as the world burns. 57 higher. Price of gold up, 12. 60 the price, the price of oil a little bit, quite strongly, 1. 35, 94 a share. How about car sales in august . I will call this a mixed picture, better than expected but not exactly strong. Sales up 1 2 . Gm down 1 . Nissan up 11 . Chrysler no stock to trade but sales were up 20 . Chrysler is a unit of fiat. Time is money. In thirtysecond two more stories from the Little League world series. First female pictured to get a world series game. Nails it. Right there on the outside corner, not bad, young lady. Japanese firm selling humanoid robots named pepper at Sprint Stores a year from now. This thing dances, makes jokes, it can estimate Human Emotions they son facial expressions which will cost you 2,000 roughly. Now this. Doctor finds a large bruise swelling up on his sons head 11 days after the son has fallen off his scooter. Takes the boy to the e. U. Turns out the kid is fine. He runs playfully out of the hospital two hours later and then the bill arrives, 20,000 total including a 10,000 charge for a trauma team activation. Steve moore, chief economist with heritage. A lot of viewers can relate to that. It occurs to me five years ago, getting into obamacare we were told it was going to solve down these extraordinary costs of medical care. And this is something that happened for years if not decades. One time i got skiing, ligaments in my short, went to the doctor, and physical therapy. You are the first patient to ever asked me that and then he told me i dont know how much good it costs. We have a Health Care System where nobody is paying attention to the prices of these things. They can get by with charging 20,000. Most dont look at the medical bill. This is a big problem. We have to get the patient back in the equations so theyre asking the question. How much does this cost . We do that in every other industry. Stuart i wont blame obamacare but what about the friday jobs number . I am on solid ground saying obamacare is encouraging more parttime work and lowpaid work. You are on solid ground at obamacare has not bent the class curve down, we are seeing increases in premiums and increases in what people are paying for their insurance so it hasnt worked but the other problem with obamacare is how it is dealing with the economy, having a negative effect on employerss willingness to hire fulltime workers so when we have seen that affect in the last six months or so when we get a strong jobs report, and we do know that over the last six months to a year, theres a trend toward hiring more parttime workers. We call these 29 years. Stuart you dont cross the threshold. If you hire somebody at 30 hours a week or more of those mandates, all those additional costs. Stuart this is a fact. Obamacare has resulted in more parttime work. Involuntary parttime workers. Without a fulltime job, the thing that annoys me about Employment Statistics if youre employed for 25 hours a week, we consider you employed and the Employment Statistics that you cant feed your family or pay the bills with a 25 a week job. There is substantial unemployment and substantial underemployment in the United States. Stuart i can see what will happen friday morning. Of there is a relatively strong jobs report, 200,000 new jobs created, that will be the headline and the president will jump on it and say the recovery is working. My policies work. 200,000 jobs per month and an unbroken stream, stay the course. 200,000 jobs is decent, not great. Stuart looking inside. We are not looking at the number of parttime workers or the number of people dropped out of the work force. 200,000 is a good number but we havent had a big break out numbers. One was the last time reported 500,000 jobs. Stuart 30 years ago. We havent had that in this recovery and i would say you are right. Obamacare is one of multiple reasons this is happening. Stuart i am glad you set the record straight. I will come to you for a vice friday morning. I hope we get 400,000 jobs. I would love to see it but we havent seen it yet. I think we will be around 200,000 again. That is pretty good. It is amazing. It is a testament to the private economy that they are able to create jobs in this hostile washington environment. Stuart last word from you and they were good ones. Look at this video please. Oh no. This one. I reluctantly agreed this morning at the production meeting, that is me taking a selfy, you know what they are. You the viewer had a lot to say about this. More from this video and the aftermath. I am wearing jeans. I believe these celebrities were targeted and it wasnt just against i cloud. I believe the hackers actually looked up and scoured the internet for the information required to unlock their accounts. Everybody puts this stuff on facebook, instagram, twitter. If you have that information you can live in and say i need to recover my password, put in the right information and you are in the account. Stuart that was our white hat hackers take on the celebrity photo leak. We ask you who is going to be held responsible . Who should be held responsible for this kind of leak. Marvin first of all, su apple. They have been pushing people to use i cloud. Seven sympathetic to the celebrities who were hacked and have their pictures expose. If i was on the jury they would get nothing. They should know better. Thanks for your comments. In the next hour, the next big one come as in catastrophic hack that affects us all may involve phony cellphone towers built to steal your data. That is a new story and we have the details on it. It is no secret i am not tech savvy. Thanks to some members of my production staff i am close to becoming a hit stew as in tech hitst. Look at this. [inaudible conversations] stuart i dont know why we did that. One of our viewers has some advice, bill says hold the camera high for a selfy to avoid the dreaded double chin. Thanks, kind of view. And we do thank you, most of your comments were supportive. It may be the last time i ever do that on camera. Thanks for your responses. Look at this. Samsung showing several new devices, the galaxy note 4, this is a tabloid style phone, huge screen. Has a special stylist pen you can use as of malice or taking notes and trying on the phones screen. A feature of it huge and charge the batteries 50 in just a halfhour. Next one, the note edge samsung is calling the future of smart phones, a big curve screen wraps around the edges of the phone. Here is the latest version of their via smart watch. No need to link this one to your phone. It has its own Cellular Connection and it is built into it. Something else we call very cool, the samsung the are, partnering to develop this Virtual Reality head set. It uses the note smart phone as its screen, slide the phone into the head set and you have a set of Virtual Reality goggles. We can show you how the stock traded in america but look at the price of apple, theyre big competitors, the biggest samsung competitor and they are down big today, steve this decline since january. They have many event sept. Ninth. We are expecting two Iphone Models then. Coming up after the break, marijuana in fused soda being sold in washington state. A question for the man who makes it. How do people who drink it know how much of the active t h c content they are getting into their system . He is on next. Later in the show the professor who says there has been no Global Warming for the past 19 years, no major increase in temperature. Explains all of that in our noon hour. Then gold uncle joe, Vice President joe biden and his latest gaffe. This time you might have missed it. When he was talking about paying your fair share in detroit. I will tell you all about it at the top of the hour but gives us a perfect excuse to run this classic. One barack obama and i were literally sitting at a desk in a highrise in chicago, beginning to plan how we would try to get this economy out of a ditch, literally the first guy i called was jon corzine. Not a joke. Not a joke. Let stuart halliburton will pay more than a billion dollars to settle claims. The money has gone to the fisherman and Property Owners with money and the gulf. Could i say legitimate believe that halliburton is getting off light paying a billion . Yes, you can say that. Also, the company is admitting to wrongdoing. They are the ones that failed the summit casing at the base of this rig. It has taken years. This is april 20 of 2010. More than four years. And implies responsibility for part of the overall cost. A lot of people have not yet received a dime in that claim. That is true. Oil spills onto those shores. They did not, they tried to go through the bgp route. A lot of people try to do that. They slowed that down now. They opted out of the pp payment system. They went to court. They knowingly went to court. They knew it would take forever to go through the court system. These are local business owners. People that are operating fishing boats. This is what has happened to a lot of these people. 3 to halliburtons credit, they did get off easy. Some of these claims that were not covered under bp, they will pay out. Halliburton is going to, excuse me, the court is going to have to appoint two separate administers. Stuart you have to be prepared to lose half of that. They had been lost in a sea of attorneys. Speak to the pp route, they could have gone straight to the fund. Did they pay it all out . Stuart all right. It is an interesting story. Thank you, cheryl. Appreciate it. You can get your daily dose of thc in your daily coffee. The first of their kind now available in washington state. What is the affect when you drink thc and a drink versus smoking it in a joint . It takes a little longer for it to come on. The high typically last longer. Stuart okay. You can regulate the dose. If i buy a bottle of your soda, i know how much thc is in them bottle. You have regulated the dosage. Unlike smoking where you do not know what you will get. We take the guesswork out of getting a great high. Stuart she went to denver. She ate a bar of chocolate. Got no response. The moral of the story is, seven or eight hours. She did not know how much she had ingested. Having very tight focus label restrictions. We say each serving size is 10 million grams of thc. It is a lot easier if you are going to smoke or vaporize marijuana. 40 milligrams of thc. We are expecting 12 to 16 a bottle. 40 milligrams of thc. How many people would that satisfy . It depends on how often those people smoke and their weight. The familiarity of what you have with the substance. Generally speaking, 10 to 20 milligrams is a great place to start. Start with 10 milligrams. Wait a few minutes and see how you feel with the rest. Stuart we are following your story very closely. Thank you for joining us. Thank you, stu. First new jersey. Now georgia. The feds should step in. You have to hear this one. Nicole i am Nicole Petallides. The Dow Jones Industrial average is up. A record alltime high. A 14 year high. Take a look at some of these. This is a protected idea back 17 years ago. The s p actually improved this. Both stocks are up about 10 . Take a look at home depot. The stock down two and a half yesterday. They continue to work with investigators and tanks. Also watching apple tumbling today. Judge napolitano is coming up next. Musical chairs. Fun, right . Welllllllll, not when your travel rewards card makes it so hard to get a seat using your miles. Thats their game. The flights you want are blacked out. Or they ask for some ridiculous number of miles. Honestly, its time to switch to the venture card from capital one. With venture, use your miles on any airline, any flight, any time. No blackout dates. And with every purchase, youll earn unlimited double miles. From now on, no ones taking your seat away. Whats in your wallet . Stuart there is new trouble for tesla. Georgia included. They want to sell directly to consumers. Georgias automobile dealership wants to shoot tesla down. All rise. I sent a note. I want to argue in favor. Hear me out. One of the reasons for the Commerce Clause in the constitution which allows congress to regulate is to prevent the state from erecting barriers from around those cells and favoring the local market. That is exactly what georgia is doing. Tesla, you cannot come from, wherever it is manufactured in the u. S. , and ship directly into georgia. You have to establish a franccise in georgia. Why . You save the money on the why cant the consumer by the product the consumer wants . Identify the legislature of georgia to interfere. I ordered a ford car shipped to me from a factory in michigan. Can i have it shipped to my house . You negotiate with the dealer. It gives the consumer choices. It enhances economic activity. It is all good things. Stuart where are you guys jumping on this with a federal lawsuit . This is absolutely an unconstitutional trade. It should not take that long. A preliminary restraint should be granted in one week. All right. One month. There are people waiting to invest a lot of money in this product. The longgr they wait, the less the value of the product. Stuart 74 want cameras in the Supreme Court. Streaming live to hearings of the public. What is your problem with that . The last justice is not on theecourt anymore. I do not think that there is a strong emphasis. Stuart do you have an objection to it. I think it is good for democracy. Stuart i disagree entirely. Stuart look at the o. J. Simpson. The Supreme Court has decided in certain key cases. We found that there was no playing to the cameras. They forgot that the cameras were there. At your age and mine, we cannot even see. Stuart what lawyer is unaware of the camera when they are lining up . I do not feel particularly strongly about it. I would want to hear what my colleagues have to say. By and large, transparency is important. [laughter] stuart thank you very much, indeed. Second day of the detroit bankruptcy trial. The people who drained the city budget. They are getting the sweet side of the deal. They are getting snipped. We will deal with it next. [ male announcer ] what if a Small Company became big business overnight . Like, really big. Then expanded . Or their new product tanked . Or not . What if th embce new technology instead . Imagine a mpanys future with the future of trang. Company profile. A Research Tool on thinkorswim. From td ameritrade. 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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 i want to get a preview of this. They are trying to settle who gets what out of the bankruptcy. The judgment so far is that the Union Pensioners will be made pretty good. They will do okay. The people who led detroit money, the bondholders, the creditors, they were stiffed. That is absolutely right. Immediately you get suspicious and start to wonder what is going on here. All of those folks that have their pension or future pension, they are getting the better end of the deal. Taking premiums from all of us. All of the companies that were getting screwed in all of this. They will raise your premiums down the road. Stuart who cares. That is not really what it is. Stuart there is not much you can do about this, is there. People have tried to get them to sell them. There are lots of different options there. Jpmorgan is there. Taking a risk on all of the abandoned properties. You have to find a way to invest and turned the city around so there is some income going forward. That is interesting. Stuart Vice President joe biden. That was labor day. While he was wearing a shirt with a logo. Can you say hypocrisy . That would be new at noon and it is two minutes away. 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 over 12,000 financial advisors. So, how are things . Good, good. Nearly 800 billion dollars in assets under care. Let me just put this away. How did edward jones get so big . Could you teach our kids that trick . By not acting that way. Ok, last quarter. Its how edward jones makes sense of investing. Stuart Vice President joe biden does it again. Here is the story. On labor day, the Vice President delivered a speech. His demand for a fair wage brought them to their feet. The evils of the income inequality really fired up the crowd. Now look at what joe biden was wearing. A golf shirt from a golf club. That is where the ultra rich go to play. They charge 650,000 to become a member. 1000 a month thereafter. My point here is not to make fun of the hapless joe biden. It is to point out the hypocrisy of the minimum wage push. The politicians need union money and votes. Nobody gives a dam back about all those people that will not get a job because the minimum wage will price them right out of their markets. America has always done best when we have acted as one american. The nation succeeds. Okay. We heard him. We watched him. What do you think of joe bidens speech. What he was wearing there. You know better than anybody else that america has always been a opportunity. I just get very worried that government leaders and Business Leaders all need to stay focused on this equality of opportunity. This whole minimum wage argument is very interesting. A federal way to approach this is really silly. We are different all over the country. More importantly, you start raising the minimum wage. Shareholders want to make more. Their income needs to go up. Theyve got to cover that cost. You end up having to take jobs out or automate whatever you are talking about. At the end of the day you end up providing higher wages. Shortly, you promoted people. Gave them all money. If you just give them more money because they are there in the government says you have to do this, you are not helping that person. That is right. We wanted a certain standard. Certain training and so forth. The minimum wage jobs in this country largely go to teenage middleclass people. There are some people that are doing second jobs. These are entry people making their way into the workforce. I do not think we ought to demonize these countries. We need those jobs and an economy to help train people and move them in. We need to raise our minimum wage. What they will end up doing is pushing that labor back up. I do not think it will end up with more people being benefited from this. At that point it becomes so a lot of people have an interest in voting for politicians that will give them a raise. It is not good to divide us by party. There is a great equalizer. Doing well should not be demonized. Everybody should have that opportunity. Stuart former ceo of office depot. Stocks really do not care much about the isis brett. Gold, not a whole lot of movement there. The 10 year treasury, where is the yield . It is at 242. Still historically low. They are making new highs. Nicole, the isis brett seems to have been forgot in. Nicole everyone is well aware of it. Hitting alltime highs and multi year highs. There is subscriber growth. We have talked about biotechnology. You see the financials are Still Holding on. Under armour not having to pay out. They got a little tough yesterday. Stuart the rally is fading a little bit. Some of the biggest names on wall street, two. Nicole they did hit highs. In some cases, they were all year highs or multi year highs. Stuart islamic militants may have stolen 11 commercial jetliners from tripolis airport. Terrorist could use these planes to carry out 9 11 like attacks on the region. Lets bring in Christian White and. Eleven planes disappearing. Is it a real threat of 9 11 style hijackings and bombings in europe, for example . Something they have to take in mind. The real potential target, the real thing they have to worry about, is the egyptians. Hopefully it does not happen. Stuart talking about the general raising of the anxiety level. We have the saudis arresting 88 suspected terrorists. They appear to be taking this very, very seriously. I think it is an important step. They are cracking down on terrorists. Even people who have not made the jump to terrorism. You have other arab states taking important steps against these threats. What is life being is is broader once. Stuart listen to what president obama had to say about isis earlier today. Roll tape. Our objective is clear. To go back to what i said earlier. You know, we know that if we are joined by the International Community we can continue to shrink. It is a manageable problem. Stuart at one moment he says destroy isis. The next moment he is saying manage it. Seeing the United States completely humiliated. It is sort of like al qaeda. There is much broader things going on here. There is no strategy at all to do anything. What are we doing . We are doing nothing in syria. What is your political judgment. Do you think america is in a move . Will our people get behind that . I think so. Americans are against intervention. Once the threat is identified, americans will rise to the challenge. People understand. They have seen beheaded americans. Beheaded allies from other states. Stuart always a pleasure. Thank you very much indeed. Lois lerner targeted those tea party groups. She turned a blind eye. We will follow that coming up. A processor who professor who says there has been no Global Warming for the last 19 years. According to one of our millennials, it is a bad thing for college kids. Gambling in china. Dropping off big. The number of dollars placed are down. Why . The reason is corruption. We will explain that next. [ hoof beats ] i wish. Please, please, please, please, please. [ male announcer ] the wish we wish above all. Is health. So we quit selling cigarettes in our cvs pharmacies. Expanded minuteclinic, for walkin medical care. And created programs that encourage people to take their medications regularly. Introducing cvs health. A new purpose. A new promise. To help all those wishes come true. Cvs health. Because health is everything. Stuart first solar leads the s p 500. Raising the price target to 81. They save by this thing. The latest wrinkle in the lois lerner case. It shows lois ignored complaint. This is bias. In favor of a leftist union organization. It is not a problem. Zero dollars spent. They do have two report. Tens of millions of dollars in Political Campaign activity. They are throwing it away to super packs. We do not know what happens. Even in the director of the national community. We want president obama elect did. There is bias. Stuart really. All these years and now we are finding it. Thank you very much. Mike cowles revenue has fallen for a Third Straight month. Gordon chang is here with that. It was about a half decade ago. They are subject to corruption concerns. I think a lot of other things are going on here. Stuart is that Gambling Market has moved away from dropped officials, not necessarily corrupt, it is an indicator of chinas economy. Where did they get most of their revenue . They are people who use their property as collateral. Right now the property in china is having a tough time. It is down for four straight months. The banks are not getting mortgages. It is hard for gamblers. Stuart that is fascinating. I did not realize you could use property in china. That is kind of common . Yes. They spend a lot of their time collecting debts in china. It is one of the other reasons why revenue is going down. They are having a difficult time. You have a lot of fact there is. Gaming revenue was up 19 . This year it will be up maybe just low single digits. That is still up. It feels like a recession. Foreign operators had not been allowed in. It has seven times the revenue of las vegas. I have to ask you a quick question. Why is gambling so popular among Chinese People . I do not know. I do not. I spent 1 in a Las Vegas Casino my entire life. We just went to the casino together. I was so bored. You walk around there and they really are marvelous. The problem is people are not going to come in the lower market. Stuart fascinating. The cdc says the window is closing. It is a global problem. Not in africa problem. 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 having a perfectly nice day, when out of nowhere a pickup truck slams into your brand new car. One second it wasnt there and the next second. Boom youve had your first accident. Now you have to make your first claim. So you talk to your Insurance Company and. Boom youre blindsided for a second time. They wont give you enough money to replace your brand new car. Dont those people know youre already shaken up . Liberty mutuals new car replacement will pay for the entire value of your car plus depreciation. Call and for drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch to Liberty Mutual insurance and you could save up to 423 dollars. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Lauren simonetti will give both of them. You did not go to the movies over the summer but what happened . It was the Worst Box Office when adjusted for inflation since 1997. In 17 years, 4 billion was the total gross this summer. Some movies did terrific. A there is not so much. One of the issues is we are sick of sequels and computergenerated fighting scenes. Who can help the movie industry out . Could be 4 they experience . You know what i am talking about . Where you sit in a seat and have a great video showing what happens, you go like this as you see and move and smell things and hear things and stuff gets gray at you. They try to take you into the environment of the movie. These tickets sell for 22 and at a theater in los angeles where the 4 they theaters are being tested, very successful. Current movies are playing right now seeing double and triple their Box Office Receipts because people are liking it. Stuart a good headline. Reporter would you spend your money on it . Stuart no not because i am cheap, i dont want things parade at me. Unless it is hair spray and make a. Share price of amazon Just Announced its longtime cfo will resign next june, he has served as cfo since he joined the company in 2002, not any impact on stock know it is down today. A glaring headlines from the centers for disease control, tom friedman says, quote, the window is closing on containing the Ebola Outbreak in west africa. What does that mean for us in america . Dr. Manny alvarez is here. It means we are in big trouble. It means for us, shame on the cdc. I say this with a piece of love. The head of the cdc, oh my god, this is real bad. Of course it is real bad. This is a military operation. No different than the president s hesitation to deal with the Foreign Policy issues we have. This is a government response. Ebola is incurable right now. Ebola is spreading like wildfire. We live in a global community. This is our problem, the problem of the western world. Stuart are you saying we in the west should be am building containing the outbreak in west africa . Who else is going to do it . We should pay for that and send medical staff and the equipment . Two gigantic ships outside south africa, need to have matell the helicopters landing, army response, you need to take over is the area. That is what you need to do. Otherwise, you say we have a problem what we going to do . There is no infrastructure. The governments of west africa, Different Countries dont have the power, the knowledge, the sophistication to do this and it is a matter of time before we see one or two patients in europe, a matter of time before we see somebody here and everybody will panic and he knows perfectly well it is american leadership. Stuart you say it does come here . If we dont take charge of west africas that whole region is a matter of time. Is a matter of time. Stuart cant we take care of occasional cases that come to our shores . You can bet this is a military operation. You have to eradicate or take control. If you go there and find 35 dead bodies on the street and no one is picking them up what will happen . If you have doctors working with the walls of a hospital, a plastic carton, that is not isolation. If you have communities where the army says we dont want to deal with this and they are migrating whether it is to south africa or other parts of asia for instance where there is a tremendous amount of people, a is a matter of time before it spreads and he came back and said oh my god, this is real bad and if it is real bad it has to become a military operation. Medically derived, that is what im talking about but you got to take control. If you dont take control will be a chronic problem. Stuart you know what everybody is going to say, is it humanitarian crisis in america is a humanitarian country but why us . We are always the ones who got to pay . This is a disease, this is a human problem, this is they have to but it comes from leadership, talking about the president s lead in the political issue to deal with crisis. Stuart saudi arabia, all the money in the world. A matter of time before something happens. The president has to say they call the heads and say listen, we need a coordinated global effort to deal with this and the best resources and then do it and that is exactly what the cdc director is saying, they rely on the private sector, the voluntary sector and the voluntary sector saying listen, we dont have the resources, no one is volunteering for this issue if you dont have federal government behind you and that is a bigticket item. Stuart an impassioned plea on your part. Thank you very much. President obama wants to raise the minimum wage. Too bad for all those college kids who want summer jobs. One of our millennials tells us about some jobs, minimum wage and college kids next. vo rush hour around here starts at 6 30 a. M. On the nose. But for me, it starts with the opening bell. And the rush i get, lasts way more than an hour. announcer at scottrade, we share your passion for trading. Thats why weve built powerful technology to alert you to your next opportunity. Because at scottrade, our passion is to power yours. Stuart let me update you with isis. President obama made a joint statement with the president of estonia today, he said isis needs to be managed. Listen to what judy miller had to say about that under this program today. Theres refreshing candor and the president s remarks, but it speaks to a kind of even our allies like the saudis, king abdallah, saudi arabia have noticed and began to speak out. Stuart no question the anxiety level in europe and america is rising because of the isis Terror Threat but that has not had an impact on the stock market. Were 60 or 70 points earlier, now were a 40 points, well above 71. To the minimum wage, there is a great deal of talk about raising it but our guest today says it will hurt colleges. Here to break it down is turning point cofounder charlie kirk. Let me recap. You say if we raise the minimum wage it will hurt colleges. Forget college students, colleges themselves. Heard colleges which in turn will hurt college kids. 10 of all minimumwage workers are kids currently in college working as janitors, helping in the cafeteria so if the college has these kids employed and they say you have to pay 10 instead of 8 an hour they will say we have to fire kids or raise fees and tuition. That raise tuition even farther. Stuart 10 of all minimumwage. 10 . We have to understand these kids are working their way through college, trying to make their Student Loans situation more favorable in their situation, but look at the minimum wage argument that large, no one is talking about if we raise the minimum wage colleges are forced to make a decision as burger king or mcdonalds would be forced to make. And by going to raise the cost of the hamburger . Am i going to raise the cost of a jet that class . The same thing. If we raise the minimum wage we have a terrible indirect consequence for millennials already struggling to find work with the cost of college. Stuart i dont think many people know 10 of all minimumwage jobs in america are in colleges. That was the heritage study done six months ago and it showed kids in college that are earning minimum wage not only are dependent on that income, but usually 20,000 or more in Student Loan Debt and accounting on these jobs as a way to make college more affordable, president obama is out there trying and Vice President joe biden we must raise minimumwage to build a sustainable minimum class. The only way to build a middleclass is to make sure our generation has worked. Stuart when you are a conservative, you are on a college campus, a conservative guy. Tell me how young people are going to vote in the midterm elections. Has to do a lot with rnout. I have never seen so much antigovernment sentiment as i am seeing right now. Our organization in the middle of a program called Big Government sucks and the response we getting from young people is unbelievably positive. Young people i say i am fed up with the government telling me how to live and what to do and i want to be left alone. That might translate i am not going to go vote but stuart all that knowledge the turnout is probably going to be quite low. Those who do turn out, surely you would accept the idea is that more than 50 will vote left. I think it is going to be less in 2012 how they vote left. My prediction would be between 53 and 50 will vote for the democratic ticket and that is just because the republican or conservative kids will shot to vote, the kids the understand it cant find work, suffering, probably vote for the republican type message but still as we discussed before the temptation of liberalism is widespread among the nations youth. Stuart idealism. The idealism of people like you, individual liberty and freedom is an idea. Always the collectivist ideals is what all youngsters go for and i did when i was a young man i hate to admit but i was tempting to believe some entity can take care of all our problems and make all the suffering go away but you and i know liberty is the most pragmatic ideal. Not only is it an ideal but it works. Students are catching on and thinking differently . We are seeing the tide shifted and i think that because we have seen an unbelievable amount of suffering since the president has taken office, through obamacare, student loan increase in the millennial generation. Does that mean they are enthusiastic about republicans . Not necessarily but i do think more than anything else there is an antigovernment sentiment Republican Party can capitalize on. Stuart hold you . 20. Stuart when a you running for congress . Within five years . The by saying i should do all sorts of things. Organization is making a big impact. Stuart well done, good to see you. It could be the next big thing for hackers. Sony cellphone towers that steal your information. For sale on the black market, scary stuff. We will explain nick stands give you full details in a moment. Dad,thank you mom for said this oftprotecting my future. You. Thank you for being my hero and my dad. Military families are uniquely thankful for many things, the legacy of usaa Auto Insurance could 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. Nicole i am Nicole Petallides with your fox business brief, Dow Jones Industrial average up 50 points at 17,117, two points from all time record highs, the nba alltime highs today. The nasdaq pulled back after hitting multi multi year highs, take a look at apple, china mobile began picking free orders for the iphone 6, 33,000 voters, of 7 for china mobile apps, reporting selloffs since january down 3. 5 . Look at radio shack pulling back after gaining of a 130 , down 8. 5 as the retailer continues to struggle and find backing financially and big winners, u. S. Steel and merck, first solar to name a few, energy of 3. 8 . Many of these. [ breathing deeply ] [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath. [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. Now we invite smokers to quit, too, with our comprehensive program. We just want to help everyone, everywhere, breathe a little easier. Introducing cvs health. Because health is everything. Stuart we are halfway through the trading session, lets go to harry dent, author of the demographic, you have been on this program many times and you often said we had 17,000, a little bit more than that. Then comes the big drop. I take it you are still looking for the big drop in the near future, correct . I am. Basically this is a bug looking for a windshield. We have a market that is overvalued, they dont look at the geopolitical risk, the highest i have seen in my lifetime similar to the Great Depression and world war ii. The investors can see anywhere to go but stocks now that the fed is engineered down interest rates, commodities are falling so people going into stocks for no good reason. Something is going to go wrong and when it does this market, people should remember 2000 when the tech bubble peaked and this bubble was flying over that in stocks, stocks were down 40 in just the first three months in the first crash so we are telling people i dont know whether this will peak today, or two we could two months from now but it is like dropping double the sand, you build a mound that gets steeper, youre getting close, one pebble at once again will cause an avalanche and that will happen so i would rather tell people start getting out of this marketer of years and later because when it finally falls i think this would be rapid. When the market gets how risky the world is. Stuart i am told but market letter writers are noon formally uniformly as bullish as they have been in decades and that you is a signal. I am on media all the time and people look at me like i am crazy. You are crazy. This is a bobble. It looks like every bubble in history. Everyone goes into denial because nobody wants to understand the consequences. Bubbles never end well and they always crash. They dont correct, they crash. This is going to be tough but a question when it bursts. Stuart we always like having you on the show because you are precise and consistent and we like that. Thanks very much, see you again soon and i am sure. We have two big hack attack that made news this week, apple picking up the pieces after nude photos of some of breeze were stolen from its i Cloud Service and home depot saying its systems may have been compromised. Details are thin on this one but home depot work its customers about a possible breach. And even scarier threat we are learning about today. Criminals using fake cellphone towers to steal information right of your phone. The Vice President of security comfort joins us now. Thanks for joining us. I you going to tell us that there are fake cellphone towers out there now operating, collecting information, stealing our stuff . Is it happening right now . Yes. It appears it is happening now. Stuart do you know where these cellphone towers might be and how many of them . I dont know specifics of the locations but it appears it is happening across the country. And the more kuwait needed effort going on. Stuart have these been discovered and taken down . They have been discovered but i dont know if they have been taken town. The way that they have been discovered is some people who really care about security, probably more paranoid than your average user, have a special kind of Android Phone that looks for this specific kind of attack, and detected at certain hours. Stuart that is a very sophisticated attack because you got to put the power up, got to have the equipment, got to bring all that information, sift through it because you have a lot of data coming at you so this is a very sophisticated operation and any idea who might be behind it . Definitely someone who has the resources to do this so the primary suspect would be a nation state. Could be organized crime but it is unlikely to be an individual or small group of people doing this as a hobby. Stuart you run a security company, security compass but for the average person not much you can do about it. I dont know where that cellphone tower is legit or not. I dont know. There is not much you can do about this particular attack but what you can do is make it known to your providers to give you cellphone axis. This is something you care about. If you dont care much they may not pay attention. Stuart is this widely known . This is the first i heard of it. Something security researchers talked about. This isnt new in the sense people talk about the possibility of how it exists and what you would need to go about and execute this and now we are seeing it in the wild and not just one or two places but widespread. Stuart i got to confirm this, nail this down because ive not heard of is before. You are telling me these fake towers exists, there are quite a few of them daughter around the country and are operating right now . You can confirm that . I can confirm they have been discovered. I dont know if they have been taken down or not but there is no evidence to say they have been taken down. Stuart security compass, a very good story, brand new to us, first were hearing of it and appreciate you bring it to us. Thanks very much. The professor who says he has proved there has been no Global Warming for the last 19 years which brings us the facts next. You do a lot of things great. But parallel parking isnt one of them. Youre either too far from the curb. Or too close to other cars. Its just a matter of time until you rip some guys bumper off. So, here are your choices take the bus. Or get Liberty Mutual insurance. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. See Car Insurance in a whole new light. Call Liberty Mutual insurance. Lou the head of the cdc returns from west africa, says we could lose the opportunity to stop the Ebola Outbreak. The man in charge of developing the ebola vaccine join us tonight at 7 00 p. M. Eastern, 4 00 pacific. Please be with us. Stuart there is a new paper by the environmental economics professor and he says blow warming period has been stagnant for 19 years, no Global Warming for 19 years. Joining us now professor ross mckitwreck. Where are the numbers from the ec no warning for 19 years . The number of datasets from mentioning Global Warming and i use three of the best known ones, one is from the United Kingdom that had the center, two of them, on Satellite Base datasets from california, a group called Remote Sensing systems and the other from the university of alabama and still land from the u. K. If you take the last 19 years of the sample, statistically significant trend, in time series analysis of the phases there is no identifiable trend over that portion. Stuart what happened . Were all the models, computer models which projected a rise in temperatures all completely wrong . That is the milliondollar question, isnt it . Over this interval Greenhouse Gas levels in the hemisphere have gone up quite a bit and all of the models said we should have seen a lot of warming if the models are correct. You even hear rhetoric from people including the president in his inauguration speech whose the warming is than anyone predicted and yet the reality is the opposite, people have preserved slowdown in temperatures and this pause is now by my calculations about 19 yearsand stuart one last question, the u. N. Climate crowd will call for a series of new climate regulations, draconian regulations. Should we be doing this . Not until we answer what is going wrong with the models. Of the model for wrong then the whole basis for that agenda is wrong and d would be crazy to run a headline in to some of these regulatory when there is such a discrepancy between production and reality. Stuart i hope you have tenure at your university because i wouldnt have done this. Stuart an extraordinary thing to say, thank you for joining us. Sorry the time was limited but appreciate you being with us. More varney next. So what were looking for is a way to plus our Accounting Firms mobile plan. 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Its not just business as usual. See how new york can help your business grow, at startup. Ny. Gov stuart how old are you . When youre running for congress . I dont know. People are saying i should do all sorts of things. Our generation needs of voice. And here is durable and. Here are all the alternative investments stories we are following for you, regulators want banks to have more money. To lend less and alternative asset firms will lend more. In the competition between samsung. And you still have time to pick your fantasy football team. The creator of number fire will join us with his big data tools that help you beat your buddies at picks. Samsung or lease a device to take on apples iphone. It is called the new galaxy known 4 smart phone. Adam shapiro is downtown man had noon at the event