Transcripts For FBC Varney Company 20160408

Seven out of ten have an unfavorable view of him. Hes underwater with just about everyone in all parts of the country, but you know . Its friday, so look at this. This dog performs forever. Cant show you the whole video, but that balloon never touches the grnd. Remember playing that game when were you much, much younger, even i can remember those days. Varney company is about to begin. Before we go anywhere, youve got to see this, aolfers nightmare. Ernie els made history yesterday and d something no golfer has done in 80 years. He shot a nine over par on the very first hole of the masters. It took sisix attempts at putt before finally moving to the next hole. You could call that a meltdown, couldnt y y . Poor guy, your heart goes out. Yeah, poor guy. Stuart Jordan Spieth has a two shot lead. As i said, your heart goes out to ernie els. The thoughts are with him. My uncle jack was a bookie, thats how i relate to sport, the odds and i immedediately ge all warm and inside thinking of uncle jack who would get very excited when the masters was coming. Stuart you dont play or watch golf at all . The golf on the weekend, like baseball, very familiar in the background. The phone was ringing and uncle ja was taking bets and it would be like comforting to me the golf on the weekend, fabulous. Uart you should do a segment on uncle jack, i suspect, an inresting character, no doubt. On an entirely different n note stocks are going up this morning. A rebound from the drop yesterday. Fed chair janenet yellen did no expect a recession this year. Clearly that helps. Oil bouncing back today big time. Two bucks higher, that helps, obviously, oil up, stocks up, that ratio still holds. Look at the gap, sales down last month and that stock will open a couple of bucks lower in percentage terms, a big drop. How about ruby tuesday . They said they lost more money and the company cuts its profit forecast for the future. Youre looking at a big percentage drop there as well. Here is that Interest Rate barometer. Look at a stock well show you more often. 1. 72 , thats the yield on the 10year treasury, thats a very, very low yield, it implies real trouble for the Global Economy. Politics, bill clinton taking on black lives matter protesters in philadelphia last night. Listen to this. I dont know how you would characacterize the gang leaders who got 13yearold kids hopped up on crack and set them out on ththe street to murder other africanamerican children. Maybe you thought they were gogood citizens, she didnt. She didnt. You are defending the people who killed the leses you say matter. Tell the truth. Stuart that was pretty strong stuff. The man was heated, red in the face, jabbing the finger, a lot of noise. Tammy, do you think that performance, confrontation, put it like that, does it help or hurt Hillary Clinton in the primaries . He was finding his inner trump. Like getting rid of the Political Correctness. The problem is by juxtaposition shows you what hillary is not. It was great for bill clinton. Bill clinton consummate politician, hes absolutely right about quality of life and standing up for what he bebelieved of in a genuine way. You never see that from hillary and thats where i think it could hurt her. Shes not well. I think you could tell hes not 100 and from previous performances he seems his voice is w weak and his delivery is weak, but i think for hillary, shes not going to be able to deliver that herself and realalize what made bill a great t politician and why hillary isnt. Stuart and governor Mike Huckabee is with us, joioining s on remote here. Governor, iill pose the same questi, that was a confrontation last night between bill clinton and black lives matter. Does that help or hurt Hillary Clinton . Its at the primarary in new yok and hillary needs minority voters. She does. I thought it was great for bill clinton, reminds people why they likeded him and reminds thm why shes not dodoing as well. She is just not the natural consummate politician that he is. Shshe doesnt have the warmth, this sincerity, the passion, the zeal. Shes rather robotic and when you see him and you see his flash of angerer, lets give hi sosome props, it took courage t stand up there and put their finger in ththes face and tell them the truth. He was. Hillary doesnt do that. Shes very calcuculated and she thinks true anand doesnt go of script. When she does. Shes horrible off script. Stuart governor, youve been in the arena, you were a republican president ial candidate, could you, would you thanks for reminding me. Stua could you, would you have said the same thing as bill clinton said last night if youd been confronted in a similar fashion, or any republican . Could any republican stay that and not be called a racist . Oh, they could have said it, but whether i had said it or any other republican, stuart, i guarantee you the reaction would have been very different. We would be branded as racist, innocenseitiv insensitive, that we were proving we were out of touch and totally disconnected from reality, and thats one of the reons that this election is so hard to predict because its so polarized in every way. Black versus white, ft versus right. Inner city versus suburban and rural, and in every way america and this election is showing extraordinary levels of polarization and its not healy because we cant we cant function like that. Stuart vernor, can i ask you to hold on for a second. Im going to break away and ive got news breaking on something pope francis just said. And best way to characterize this, shifting his tone on gays and divorce. Liz, from what ive seen, he seems to be emphasing nurturing rather than judgment. Yeah, thats right. Hes striking a pragmatic balance here and this is his first major paper on the family and d its basically the joy of love is what its called. Hes calling for less judgment. Calling for the church to be more supportive, where theres ambiguity is whether divorced catholics that remarry can get communion. Thats a flash point. Theyre not supposed to under hes saying, yes, divorced catholics can take communion. Theyre not supposed to if they remarry. Hes leang it open, theres less clarity. Stuart governor huckabee, i know youre a baptist, not a not a presbyterian, not a frozen chosen, a baptist im not getting into that. Im offering you an opportunity to comment on the leader of the Catholic Church who just said that. I have great admiration for the pope. One. Things that he did, if people see the real world, i saw the headlines and it looked like he was going soft on the churchs position. He is not. Hes clear that samesex marriage is outside of the biblical norm. For those who say hes going soft and what hes saying is the right tone. There shouldnt be a judgmental spirit. There should be a sense of grace and that judgment and grace have to balance each other and he is putting a new focus on the nurture of the gospel, on the grace of the gospel, on the power to forgive and to heal and to include. Thats something that ought to be a part of every christian ssage. Jesus didnt come to tell us w bad we were, we already knew that. We came to told us how to find life and find it everlastin e popes wordsds, totally different t from the headlines and boy,es taken the church a different direction. Stuart im glad we had you u o the show to coent on the news item that developed while we speak. Governor huckabee, everyone. Thank you. Stuart ive got fallout from the panama papers. British Prime Minister David Cameron, hes in some trouble. Lauren, spell it out in case we missed it. There are calls for itains Prime Minister David Cameron to step down after he admitted he profited from his late fathers offshore trust. His dad had an i investment fun run from the bahamas, and he told them before becoming Prime Minister and he profited from them. He fessed up and criticized for not coming clear soon enough and Edward Snowden is tweeting this. Up to the British Public and not this, 10 the voters were in the reet after 24 hours, thousands of people did show up for protests in iceland and their Prime Minister d step down. As for britain, protests starting tomorrow. Stuart im so glad that mr. Snowden chimed in. People around the world want more from their politicians and they want honesty and not hypocrisy. While something may or may not be proper technically were tired of politicical leaders cant hae hidden money, cant do it. Now our new friends the iranians coming out with a new message. Theyre developing a very new and destructive weapon that they can mount on missiles. More in a moment. In the meantime, its friday. Were having a little fun. Which ends first, that police dog keeping that balloon off the ground, ernie els trying to sink a first putt of the masters or Hillary Clinton trying to swipe a tro card on the subway . She had as much trouble as els did. My money is on theog. If a denture were to be put under a microscope, we can see all the bacteria that still exists. Polidents unique micro clean formula works in just 3 minutes, killing 99. 99 of odor causing bacteria. For a cleaner, fresher, brighter denture every day. All right. Now watch this, biker eluding cops four months ago, and led them on a che and the biker recorded it and he posted it online and is caught. Being on youtube is the darwin theory if you want to catch a bad guy. He wanted to be famous and puts it on youtube, 20 years old and yet when they arrested him and pulled him over, he had a broken leg from a motorcycle accident one month ago. He says hes never going to stop riding, but i dont think that theyve got motorcycles in prison, do they . Im not quite sure. [laughter] a serious subject now to iran, beefing up its arsenal. It intends to produce the powerful explosive for use on missile warheads for destructive and penetrating power. Joining us is a democrat fm connecticut and the house intelligence committee. Congressman, are you having second thoughts on the iran nuke deal which i believe you signed off on. Good morning, stuart, no,. Look, u know, iran has fully complied with obligations under the nuclear deal and were 12 months away from an iranian breakout to a Nuclear Weapon as opposed to two months as we were before. I know that some of the worst fears around money being sent to hezbollah, we have yet to see that. Stuart when we were discussing the iran nuke deal, wasnt there some consideration of missiles . Certainly missiles that could reach israel and now, if they put this new explosive, very powerful explosive on it, its like a substitute for a nuke, doesnt th raise some concern on your part . Well, its not a substitute for a nuke. Its a powerful explosive, but far, far, far from a substitute for a nuke. We need to step back and remember just because iran signed a nuclear deal does not mean all of a sudden theyre an enlightened progressive regigim ready to join the company of nations. Stuart what did we get out of it . We got out of t the fact theyre now 12 months away, even if they decided to completely go for it, 12 monthss away from them having a hope of a Nuclear Weapon, that used to be two months. Thats a fairly dramatic change in our National Security, not just ours, but the region. This is a regime thats a tough, bad regim the idea that theyre all of a sudden going to start behaving like boy scouts overnight was never going to happen. We took a very big step in the right direction, taking off for what is for most National Security experts, the sum of all fears, that is to say a rogue regime with a Nuclear Weapon by taking that off the table. Stuart congressman, i just want to bring this to your attention as well. In newtown, connecticut, as you obviously know, one of the Deadliest School s shootings, police say a middle School Teacher was caught bringing a firearm onto the grounds. Now, the teaer was licensed to carry a concealed weapon, but now that teach has been charged wi a class d felony. Your comments sir . Youre from coecticut and thiss yo state. Whats your comment . Ell, i mean, here with iran and with the morcycle rider, the eme is monument actsf bad judgmentnd clearly this was sothing that just cut to the heart of an awful lot of people here inonnecticut who were so close to the just disgusting murder of all of those children. Look, we hope, and that all e information is not in yet, but we hope this was an act of monumental bad judgment, that there wasnt something more behind this or this guy wasnt trying to make a point about gun rights. Ive got to tell you people up here are pretty horrified by the fact that a teacher would choose to do this two miles away from the Sandy Hook School where all of the children were murdered. Stuart thank you for addressing difficult subjects with us. Thank you. Look all theyve accomplished is having iran havi the nuke in the next administration. All they did was save obama. Theres no difference whether the nuke is now or next year for the planet or americans, it went from one administration and the next. And t tied up billions in mayhem and other outrageous. Stuart thats the president s legagacy, hes got to live with it. The dow futures, were looking at a nice solid rally as we go into the t trading session. Up a tripledigit gain. In europe, police are sending a stark warning, this is the cops, criticize migrants online and you might be arrested. Watch what you say, and watch what you post in europe. More varney after this. Im mary ellen, and i quit smoking with chantix. I always came back to sming. I was absolutely frustrated, absolutely. I did not think chantix would workrk as ll as it did. Along with support, Chantix Varenicline is provn to hechantix reducedsmoking. My urge to smoke. Some people had changes in havior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chant. Some had seizures while taking chantix. If you have any of these, stop chantix and call your doctor right away. Tell your doctor about any history of Mental Health problems, whh could get worse or of seizures. Dont take chantix if youve had a serious allergic or skin reaction to it. If you have these, stop chantix and call youdoctor right away as some can be lifethreatening. Tell your doctor if you have hearart or blood vessel problem, or develop new or woworse symptoms. Get medical lp right away if you have symptoms of a heart attack or stroke. Decrease alcohol use while taking chantix. Use caution whenen driving or operating machinery. Most common sideaffect is nausea. I did it. I quit smoking. Ask your doctor chantix is r right for you. Great time for a shiny floor wax, no . Not if you just put the finishing touches on your latest masterpiece. Timings important. Comcast business knows that. Thats why you can schedule an installation at a time that works for you. Even late at night, or on the weekend, if thats what you need. Because you have enough to worry about. I did not see that coming. Dont deal with disruptions. Get Better Internet installed on your schedule. Comcast business. Built for business. Life is a highway, i want to ride it all night long on that graphic, ladies and gentlemen, i d did not. The outfit, nonetheless, that car what am i wearing . I have white tights on. Stuart that car is called a stinger and you, liz, will tell us why its important liz its modeled after the 1911 stinger, its going to be auctioned off by the nephew of mario andretti. Hes been basically racing around the country with this car and collecting hundreds of indy 500 signatures and autographs. The children, so its the 100th anniversary of the indy 500. Stuart weve got the car tside and im going to inspect and talk to the people who are going to auction it off liz and its not the 100th anniveary. This car won the ments the hararry potter chair that j. K. Rowling white harry potter in auctioned offor 400,000. A regular chair. Stuart ive got to o turn to this, more lunacy on campus. A tenured prprofessor at marquette risks losg his job after criticizing another professor. Tammy, you cant write free speechch or write something without getting fired. This is the frankenstein monster of the left and everybody at the academy and in that realm from liberals, development of liberals and this is the natural state. Eventually you become slaves, people tell you what you can and cannot do, the individual does not matter. Its the antithesis of what it stands for. Stuart the professor was making a point, was it gay marriage or traditional marriage and making a point thatay have been politically incorrect, writes about it and now may lose his tenure. Thats what the whole point of the academy is supposed to be, facing different ideas through challenge and not necessarily being swayed liz the negative speech you opposed and affix it with more speech and two teachers going after each other, thats a new level. Stuart what youve t in american universities today is the opposite of what colle is supposed to be. Defending a students in an ethics class and these are the things youre supposed to be diussing liz the creating. Stua i think that america is in an ugly mood and thats one of the reasons why. Exaspiration of what theyre doing to our colleges. Which is why the campaigns look the way they do now. Stuart on the other hand, youre about to see the markets take a nice tripledigit jump this friday morning. The Federal Reserve assured everybody there will be no recession this year, might be up 100 points. Back after this with the bell. This just got interesting. Why pause to take a pillll . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. 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Stuart that is hillary int clinton that is bill clinton confnting black lives matter and how it will affect hillary and the rhyme primary. Thats topic one. Topic two the mark off and running. Well see green arrows at the opening bell. Were up2 points in the early going, 175 is wre we are. Maybe well make 176 by the time everything opens up and were moving. Tammy bruce is with us, so is liz maonald. Scott shellady in chicago and kevin kelly right re. And janet yeen does not expect a recession this year. Kevin,n, is that whats moving the market up this morning . Yeah, anynytime the fed has upbeat positive move, the fed tends to react in a positive upbeat session. And everyone knows were going into recession, and if its coming down, cut being ban on labor, thats a 2017 story. Stuart tammy, do you want to talk about this . Janet yellen is concerned about the high levels of involuntary parttime employment. The jobs and people pulled back in, but theres no real jobs for people, theyre forced into parttime dynamics and this is faster when it comes to the economy. Look, everybody is trying to push things into the next administration and they want to save this one. Stuart slow growth. Analysis shows half of the net new jobs created since the crisis, low wage jobs. Stuart a lot of parttime. Stuart scott shellady, did i hear you chiming in there . Well, here is what id like to add to what everybody is warning of, this quarter versus last, the same quarter last year, corporate earnings are goining to be off 8 1 2 . And s p 500 earns off 18 1 2 , our oil rigs at a 14 year low and weve seen 51 drillers go out of business and declare bankruptcy. Challenger and christmas also said that major redundancy, where is the good news . The market is up on free money. Stuart scott, when you comment on donald trump when he says that this ecomy is a big bubble. Thats what he said. What do you say . Its hard to argue with that. If you look at the stuffhat comes across the dks of the guysys down here, we shake our heads. Our the market is up on hope, but its not cutting the mustard. Theres going to be a time to pay the piper. And the reason that the market movesp with stock buybacks, the consumer numbers from the latest gdp report, the last couple of weeks, that pushest and the dollar has been down. The dollar is dictating market moves and the dollar is a the a year low. Stuart dollar and stocks, bingo. Were almost up 100 points in three minutes worth of business. Listen to this one. J. P. Morgan chief jamie dimon says that Public Policy must change because the u. S. Faces economic tragedy in the future. What i is he talking about . Hes giving a 10year deadline, hes saying fiscal collapse, poorly designed retirement and health care and tax state and its time to stop the ideological we need to stop this. An of seven years of obama, they finally say it when hes in the last part of f it. This should have been said five, seven years ago. Stuart scott shellady, come into this. Jamie dimon, traragedy predicte in ten years because ocurrent policies. What dyou say . It sounds likike he shared a cab with donald trump on t the way to work, thats what it sound like to me. Stuart he think he echoed what youve been saying all morning when he didnt say hopium. That was you. And he knows it can only last for so long and thats shortlived. Fiscal policy needs to come around. Stuart what happens when they stop doing what theyre doing . Even what theyre doing now is know the working. They keep doing it, but it wont work. Its the balloon that the dog has been keeping up hits the ground. Thats w what it is. Stuart lets look at big nanames, nicole, start with the gap because i think its way down. It will me. Nicole remember that phrase fall into the gap, look how the shares are falling, 9 1 2 . Weak t traffic, an inventory build going into april they say will hurt gross margins. The gab, old navy and banana republic, this is not goododews for them and take a look at a cacasual diner, go ahead. Stuart i want to go to rube why i tuesday, i know w its wa down now many seeeeing it down 16 . Its a smaller company, 300 million n in market cap, but muh ofof the same story they talk about with traffic and sales missed going forward. They lower theheir projections going forwarard and they blame the weather, too. Stuart yeyeah, i think thats northeastern company, i think, iveve got even ruby tuesdays outside, but thats down tododa. Thank you indeed. Check out facebook, users are sharing less personal content. Not sure i know what that means. Whats that about . Well, i think that people are reeling from Identity Theft issues, safety issues, telling people exactly where you are, what he is going on inin your life. If youve broken up or sad. Theyre realizing a backlash to thisit can be dangerous, financially risky. Finally, were getting finally were getting i think it has to do whats happening, facebook is really turning into a content remmendation machine, not an intimate personal experience where people swap their family stories and so its changing. In other words, theyvve got, you know, antiseptic kind ofof different content that comes from the outside and not what youre sharing with each other. Stuart and much money on the thing and i think a technological destruction. People are sharing personal information and personal stories on snapchat and other medium and this is your online facebook is inserting outside content into your feed. Stuart and thats s p 0 is now positive for the year. Okay . Took us till early april. Now, a look at yahoo . Verizon plans to make a first round bid for its web business. Google is thinking about making an offer. Whats it going on liz theyve got 6,000 plus intellectual properties there and and a massive portfolio. And that could be their patent portfolio. 4 billion estimated. I tell you if microsoft steps in here, they could get facebookt a 10th of what it bid for. Stuart yahoo . No, microsoft cou go after the patents if they split them off. They couldld go after yahoo s patents. Stuart theyve got the money for it. Were going to do something different. Look at three names, when was the last time you heard anything about ibm, intel, and cisco . Are they not the forgotten hightech companies of yesteryear, so to speak . Weve forgotten about them. Yes, we have, theyre depending on their legacy business, theyre trying to move into data, cloud and security. Theyre not getting a lot of traction. Stuart they dont move. They dont move and theyre reliant on using their Balance Sheets to buy back stocks. They need to transition into the spaces. Stuart i remember ibm in the 80s, 90s, not so much the early part of the century, way back when ibm was the king of the hill. Its a blue stock dynamic when we hahad the dotcom crash before it makes everything seem so weak. People can still look at the great entities if they canan adapt. Like facebook is adapting. Can they adapt to the ne world. They have a terrible revevene problem and keep declining and declining on revenues. Forgotten tech . I like that heaeadline. Shall we say making the running, amazon, apple, netflix. Theyre up today. Amazon is close to 600 bucks again and apple 110 and ned fliks, 1104, 105. Govevernor will soon owe more money than the entire economy produces. So says the Federal Reserve, the federal bean counters, im not sure i understand this. The gao says soon we will owe more than one years worth of gdp. Dont we already . 19 trillion dollars in debt. 16 trillion gdp . Thats correct, its already ththere. You know, this comes up because the gao audits every y year, th governments books and theres yhem there and fouound nearly 140 billiodollars in overpayments going out t the door. So, why the whwhite house e is lecturing businesses howow to conduct their operations, look in your back yard and see how poorly the government conduc its. Stuart thats a reason for the ug mood. There would be massive debt and gets worse and worse and worse. With onperspective, the debt to save dynamic was 43 . Stuart its now . Effectively 100 . Stuart which, yeah, 43 . We were beginning during rld war ii liz and what tatammy is citing doesnt include social securitien micare. And the democrats and republicans arent doing anything about it, thats the problem and thats what youre seeing happening in the polls going on right now. Stuart you would do something about it if you grew the economy. Absolutely, youve got to grow the economy. Grow the pie, dont cut it into more slices. Stuart grow the thing. And 96. 2, more s stories that affect your money coming up, including president obama wants more regulation on businesses. How do you like that . Look at this, a judge siding with a group which wan to remove the cross from the Los Angeles County seal. Weve got that for you. And back to Hillary Clinton on the e you be is subway, and shes still swiping it. And she finally got back in. Just like the rest of us. The administration is racingng to finalize a slew of regulations. The dow is up 100. These new rules and regs will affect a part of the economy. What are we talking about . This is what obama does with pen and paper, through the end of the year getting as much done as he can. Look were already at billion dollars the e cost. Stuauart what does he do . Liz hes pushing on an overtime pay rule, paying overtime pay at t a certain threshold. Stuart no, the story is, youre going to have to pay overtime to management liz to management. Stuart incredible liz yeah, hes going full throttlend we already have him going full throttle. [laughter] and management gets overtime so theyre going to go on the clock and if they answer a little email in the arn, afternoon n youve got to pay them overtime . Thats what makes the news. Hundreds every month theres hundreds hold on a second, kevin kelly is with us, hes a market watcher. Weve got an administration who just plain hates business. Yeah, absolutely. And thats mostly what just happened with the Treasury Department cutting down the pfizerallergan deal and that was pfizerringing back 25 billion to the United States and thats what they wanted to do. So, the problem is s that forein companieies can invest in the United States better and cheaper than the United States liz the overtime pay rule, if you have a worker 65440 they get overtime under the new rule that the president wants to push out. Small businesses across the country. Stuart i want to move on, something were equally irate about. Authorities in connecticut arrest a teacher, where there was s the massacre, he carried n a licensed gun onto the property. The judge joins us. He took it to school, under arrest, criminal charges. Well, he will be prosecuted because the courts have held that the ability of the government to ban licensed handguns on n government propery trumps your right to br arms. Because the distct of columbia versus keller apppplie in the home. Once youre outside the home its up tohe state. Connecticut is not utah or montana or alabama. Stuart judge, im getting irate not at the law, but at the teacher, what on earth are you thinking . Understood and you and i are on opposite side of this. I prefer the israeli model where teachers are required to be arm and you dont see newtown massacres at all. Stuart shall we move on . Would you be as exacerbate over the obama rule if it were anchors on television . [laughter] i want you to address this not that. Stuart a federal court in california sideed with a civil Liberty Group arguing its unconstitutional for supervisors to place a Christian Cross on the l. Seal. Uncotitutional i dont know where it is, actually. There it is. On the left, the Hollywood Bowl and aoss om the hollywood ball, only in california story. This is the founding seat, san gabriel and they cant have a cross. There are two ways to look at this. Stuart nothere isnt, theres one. Look at it two ways, one is that this has become a secularized symbol. Who the e heck cares what the symbol the government has on it, we already say in god we trust, thats on our money, and god save the United States and there are references that have become secularized. We all take christmas off even people that dont believe what it represents. And the other thing is, why did they affirmatively decide to take a conspicuous christi symbol and put it on a government s symbol. Because theyyre antichristian atheists and cant stand the sight of any symbol, especially a cross. Im surprised the way the federal judge went. The thinking today, these symbols are secularirized how does it infringe on your civil liberties. Her argument, the judges argument, its a designation of religion over nonreligion. Stuart quick comment from you, judge, please. Bernie sanders meets the pope. A j jewish socialist and a caththolic socialists. Stuart ohoh, stole your line. Theyll like each other. Stuart judge, that was kwiek quick round and i appreciate it. Do i ve to go to confession . No. If you live in europe and youre not happy with the migrant situation, be careful if you launch a rant. Free speech h under serious attack in europe. More on that after this. Eat that may put you at five timimes greater ri of stroke eat th can pool together in the heart, forming a clot that can break free, and travel upstream toto the brain where it can block bod flow and cause a stroke. 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For a free quote, call Liberty Mutual at switch to Liberty Mutual and you could save up to 509 call today at see Car Insurance in a whole new light. Liberty mutual insurance. Lets show you mcdonalds stock hitting another alltime high this morning. Its the third record high this week and 11th of this calendar year. I want to move on to europe, lets be clear, police in berlin raided ten apartments after residents posted antimigrant views online. How about that . In glasgow, scotland, think before you post or you might receive a visit from us, use the internet safely. And katherine, this ct lastment you cant suppress Public Comment on the principal ise of the day in europe forever. It cant last, and you say . I would agree, but germany and europe in general has created an explosive situation for itself with this massive influx of migrants. On top of it, germany knows that it has a legacy of naziism and fascism to deal with and theyre in aifficult bind no stuart i want to refer to specifically the scotland thing, that if one person expresses sensitivity or they are offended by somebody elses post, and it concerns migrants, for example, or muslims, then a crime has bebeen committed. The crime has been committed when somebody objects. The crime has been cmitted when somebody posts something, icich somebody else objects to. I just dont get this. I know, but we shouldnt be surprised. I mean, look, wewe take it for granted that the types of free speech that protections that we have in this country, but the United States is really unique and unlikether couountries in the degree to which we do protect free speech. But, mean, isnt this why the nationalist parties are rising sharply and strongly in europe . Yeah, absolutely. And i think theres going to be even more of a backlash, both against the large numbers of migrants, as well as as you say, this repression of peoples ability to talk about it and to protest. Stuart which governments can be toppled by nationalist parties . I mean, possibly france . Possibly. Its so hard to predict now and also, germany is going to be, its going to be interesting to see what happens in germany in the coming months. Theres a lot of unhappiness there. Stuart is there any way you can predict the end game in europe . Because this problem is not going away. In fact, its gegetting worse. Whats the end gamhere . Chaos, communal fightiting, totl split of europe, total elimination of all of those European Union rules . Whats the end game . Wh is it going to happenen . Right, i think the biggest fear is that europwill sort ofall back to the type of infighting that it was experiencing 100 years ago and you know, more whats going to be particularly concerning is if countries in the middle east are destabilized by whats going on, then these migrant flows could really become explosive. Stuart i dont think that we inmerica quite understand the seriousness of whats going on in eure. Would you agree with na . That . Completely and we dont understand the global ramifications of instability in syria and iraq. If we understo it wed do a lot more to ta control of it. Stua thank you very much. At the top of e hour, more campus luny, this time a sorority forced to cancel a a Kentucky Derby party. Find out why. Yeah, the second hour of Varney Company is two minutes away. Weve e got a fresh story fr you, more liberal lunacy on college campuses, a Dartmouth College sorority has c canceled its Kentucky Derby themed party after protesters claimed it was offensive. Why was it offensive . Because it quote, the aesthetic of the plantatioera south. Erica with us, a democrat strategy. Erica, youre on the left, and its the left that is you are the left was shutting down free speech on our college campuses. Will you come out right now and vigorously oppose what just happened with the cancellation of this Sorority Party . I was to probe what happened because they voted to change the party theme and happened as it should with selfvoting. Its a historically inaccurate characterization. The Kentucky Derby started aftethe civil war, its a sporting event, not a racial event in any manner, yes, it tends to be enjoyed and attended by more white people, but that doesnt make it harkening back to slery. Its factually historically inaccurate and i i agree that college campmpuses should be a place for people to discuss and it should be open speech. Im a free speecech libertarian. Stuart why is it the left that endlessly puts down free speech and shuts people up if they dont age with them . You know, its something that ive been disappointed in for a long time because, you know, i really truly believe that you combat bad speech with more speech and discussion, you dont combat speech with shutting it down. One of our greatest founding principles is freedom of speech. If you want to have, particularly on an academic environment, you want to have an open forum for thought. You have to have free speech. Stuart yes, you do. I mean, i think its completely and what bill clinton did last night. I dont mean to interrupt you, but im hot under the collar about this. Do you like what bill clinton did, he was confronted by black lives matter and wagged his finger. He didnt put themown, but said his piece forcefully. Frankly, we ne more of it. Absolutely, its a discussion, you combat speech with speech in my mind, particularly on campuses, i say again, we need to have these conversations, but they need to be conversations and they should not be shut down. They should not be forced and onesided, but bill clinton, i think, you know, did exactly what he should have done. If he has a difference of opinion, state it. Stuart erica, you can stay right there and well be back to you shortly and thats a promise. Okay, ive got another story for everybody here. Thats pope francis shifting his tone on gays and on didivorce. Here is what governor Mike Huckabee, hes a baptist, here is what he had to say last power. If people look at the real words, i saw the headlines and looked like he was going soft on the churchs position regarding traditional marriage, he is not. If you read his words, hes very clear about that, that samesex marriage falls outstsie of the biblical norm. Stuart hes saying take a fresh look, a fresh, kinind of fresh look at gays andnd divorc. The pope is saying be more to toll tolerant. You cant use moral laws as if theyre stones to throw at people and engage in unjust discrimination, you cant think of black and white, you haveo beore assessing to hes not come out and said gay marriage is fine and if youre divorced and a catholic, you can attend communion, hes not said that liz hes not saying that. He saying quit using doctrine to beat up on people. Its back to what would jesus do. That love is love and we have to approach and the nature of parameters and choices you make in life. In Civil Society maybe that doesnt matter to you if youre not a catholic, but i think it doesnt hurt at least to have the conversation about whats important in life and how to move forward, while also knowing that you dont condemn people because of who they are. Stuart lets not forget, Bernie Sanders will meet the pope next friday. Lets get that in. How about this . Look at the markets. Were doinquite well. Thank you ry much. The dow is up 131. Fed chair janet yellen does not expe a recession this year and that clearly helps the mark. Oil bouncing back, thats had a 5 1 2, near 6 gaithere. That helpshe market. The stock market. The price of oil is close to 4a barrel again. How about the 10year treasury . Were going to quotehis number for you frequently. Thats a key Interest Rate. Its a barometer, actually, of how the Global Economy is doing. And when its down at that level, the Global Economy is not doing well. To the election, the idea of an open convention becoming more like reality certainly for the republicans. I say, you cant take the nomination away from donald trump if hes got the most states, the most votes, and the most delegates. Former Reagan Campaign director, fox news contributor, ed rollins is with us. Am i right . Good d morning, youre right if hes got the votes. If he doesnt, there are two people running, if he he hahas the majority hell win and he and crcruz battle it out and moe likely that cruz will be the nominee. Stuart its not a question of taking a nomination away from trump even though hes got moroe state and legates. He gets all of his delegat to vote the first round and so do the other people. Kasich gets his votes and cruz gets his votes. The second round, 70 of the delegates freed up. If you dont make it the first time basically theyre free to vote whoever they want to. What cruz has done cefully, because hes been a Better Campaign team, theyve gone to a lot of the delegates who are committed to trump by the election, and say, if it goes to a second ballot would you be more inclined to vote for me . And he has about 200, 250 right today. Stuart wait a minute, hes got 200, 250 Trump Delegates if f i goes to a second ballot. You have to understd theyre not necessarily trump. The state voted for trump. Say trump gets 40 delegates then in the delegate congressmen, city council people, and the delegates are kind of like people who go all the time. Theyre committed by law to vote are the first time. Second ballot is wide open. Stuart what do you say to this proposition, if donald trump is not the nominee, whom ever is the nominee loses because the trump people will not vote for what they will think of as an establishment republican . Well, first of all, cruz is not an establishment im a neutral figure here, just telling you what the rules are as best i can interpret them and theyre everchanging, but at this int in time its a twoway race, its still donalds to lose. Stuart hes got 69, 70 disapproval across the board, all ethic groups, age groups, gender groups, you name it, hes underwater with everybody. He is a major you cant come back from that . Its not easy and he has to start beating the day lights out of everybody who ran against him, and bring them back together. If you dont get repubublicans back, you dont have 70 plus 90 plus of repuicans, its ha to get independents and democrats. Stuart try this one, new york republicans, republican congressman peter king, now hes making his feelings about ted cruz very clear. Wah this from yesterdays intelligencece report on fox business. Donald trump i have some real issues with him. On the other hand in no way am i comparing him to ted cruz. Ted cruz by the way, what if ted cruz is the nominee, what do you do then . I tell you, i dont know, i get some cyanide, i dont know what ill do. Stuart oh, if crue is the nominee, get cyanide. Peter is a strorong and a lt of people feel that way about trump. Stuart do you think theyll get back together . Youve got to shake your head lets say its a real challenge. The best thing that put them back together ain is Hillary Clinton. Stuart when peter king says ill look for cycyanide if its ted cruz people ask me who im going to vote for. Im going to walk i in and flip the republican switch. I live in manhattan and show the democrats there are e stilla few alive. It doet matter who peter king votes for, were not going to carry new york. Stuart how many rublicans are there in new york. Not enough, not enough. Stuart we appreciate it. Things are getting down right nasty on the democrat side. Cbs charlie rose asked ban Bernie Sanders about his remark that Hillary Clinton is not qualified to be president. You said that senator clinton isnt qualified because she takes super pac money and supported trade deals. That was in response to what she has been saying. Washington post headline, quote, clinton questions whether sders is qualified to be president. Were getting attacked by the clclinton campaign. I want them to know were going to resespond. Stuart erica is with us, democrats nicely bashed the antiffree speech people on th nations campuses and we thank you for that, erica. And it seems to me that the this spat onon the democrat sid is almost as bad as it is on the republican side, not quite, but its pretty bad and the washingtgton post says a headline this morning, saying, look, this nastiness between sanders and clinton is damaging democrats. Youre a democrat, what do you say . I think its just childish on Bernie Sanders part. I know you are, but what am i . And the idea that shes not qualified. You can have an opinion about her performance in the job that she has had, but you canant dey the job shes had has made her uniquely qualified. What, she wasnt burlington mayor, she was the secretary of state stead . Shes qualified. Stuart okay. Do you think its looking tense, its looking tight. Bernie sanders is catching her, ive not seen any late polls in the last 24 hours, but hes catching her i in new york. She can not afford to lose new york. Would you say this, if she loses new york, shes done . Well, i would say, yes, there are so many delegates in new york, but i think the thing is that what we learned from bernies comments is that going into this convention, it will be i incredibly close, clinton did not lock it up in a landslide and now that bernies made these attacks, the hope is that he would have a unified party come together at the convention, but we might not see at. We might see this, you know, fightiting continue through the convention, which would be very harmful for the party. In 2008 the convention, a lot of the hillary delegates were very angry and there was a lot of animosity between the hillary and obama campaign, and it was not good for democrats overall, and so, if this kind of infighting continues to happen, i think its going to be just disastrous for a party that needs to recover ground in state legislatures, governors offices, congressional and senate races. It isnt just about the presidency, its about all the other races that democrats need to win and theyre going to hahave a harder ti if they cant get along tother. Stuart i sense youre getting nervous, erica, i do. A little nervousall right. A little. I prefer unity over disunity, inthe g. O. P. Feels the same way . Who wouldnt. Thank you for being with us, appreciate that, thank you. Sure. Stuart bill clinton calls o ou black lives matter protesters at a campaign event. What would happen if a republican did the same . We will play you t the sound bie and d you can decide, but first though, yes, itts friday so w will show you a bit more of this dog video. The dog playining with the balloon n trying to keep it off the ground. Youve played that g game surel. That balloon neverer touches th groundnd and it goes on for a long timime. We wont play the whole thing, dodont have time for that, but its janet yellen andnd the economy. Stuart oh. There she goes. You cant predict the market. But through good times and bad. At t. Rowe price. Weve helped our investors stay confidentor over 75 years. Calls or your advisor. T. Rowe price. Invest with coidence. And intellectual propertylines about bubeing stolen. G hacked that is cybercrime. And it affects each and every one of us. Microsoft created the digital crimes unit to fight cybercrime. We use the microsoft cud to visualize information so we can track down the criminals. When it comes to the cloud, trust and security are pamount. Were building what we learn back into the cloud to make people and organizations safer. Dow is at its high for the day, but two that are down on the up day. First of all, the gap, today is down 7 and ruby tuesday, the restaurant chain lost more money. The company cut its profit forecast and down it goes also 1 11 . Apple and paypal threatening to boycott North Carolina because of their controversial bill. And most companies are in places with much worse human rights rords. The other side of the story is their hypocrisy. Its remarkable, theyre in malaysia, in singapore, and saudi arabia. In singapore a relationship between two men willet you in jail and thats a headquarters. This is bullying an attempt to push a political frame work on a state a its the free market, but lets kn when companies do this theyre not applying that same standard where theyre doing business outside of this country. I thk its hypocritical. Stua i think that apple has been getting bad publicity on different you have to ask about the shareholders. Stuart the shareholders, the market likes the stock, but hasnt gone back to its d high. And d then weve got bill clintn confronting blk lives matter protesters at a rally last night. Just watch this. I dont know how you would characterize the gang leaders who got 13yearold kids hopped up on crack and sent them out onto the street to murder other africanamerican children. Maybe you thought they were good citizens . Shdidnt. She didnt. You are defending the people who killed the lives you say matter. Tell the truth. Stuart with us and tclinton wags his finger youre puttining me in a difficult position having to applaud bill clinton. He was correct. I applaud him, he was spotn. I come into this biased. I grew up in hararlem in the 8 and i remember the crack epidemic, we had a neighborhood in harlem that got so o bad during some years that you had abandoned brownstones that became crack houses, so, this is a very pepersonal and real thing and took people of courage like me faer, roy ennis of the Congress Racial Equality and bring truth to power and tell whats happening in our communities that led to reforms. Stuart what proportion of black voters support black lives matter . I think less than whahat mos of the media would give. Unfortunatelely, i dont have te statistic onon top of my head, but there was a poll taken a few years, actually a couple of years ago and it asked the question of black folk, do you want more police in your community, you want less police in your community or y wanant to keep it the same and when you combine the number of blacks that wanted as much or r actually wanted more, it was exponentially higher. I ththink it was like 70 to 20 that wanted at least the same amount of police engagemenin the community or actually wawanted even more. So i think its a minority. Stuart bill clinton last night confronted black lives matter and i thinink actually, i think he won the confrontation. Had d he been the republican, could he have said what he said and not been branded a racist run out of town . He would have been branded a racist. I dont think he was he or she would have been run out of town n as a republican ad i think that times call for courage. The times call for truth telling. The reason that Bernie Sanders and donald trump and ted cruz are so popular is because they have image of doing the right thing even when its unpopular and i think the times call f fo people telling the truth about the situations regardless of what the political or the media or the popul winds are blowing on the particular day they tell the truth. Stuart real fast, off the top of your head, maybe, what do you think would be ththe proportion of africanamerican voters who w would vote for trup a general election, what do you thinink . 20 . Stuart 20 . By the way, and by the way, i feel the same for ted cruz, that these fololk continue to do i mean, ted cruz was v very brave. He wenent to the bronx and he gt lambasted for it, but i think its a brave move and d the typ bravery and telling the truth and not pandering, but giving your point of view about the solutions to our nations illsls that is going to win the day inevititably. Theres a hunger in the black community for chan. Stuart thank you very much for joining us, well see you soon. Thank you. Uart youve gotten seconds. Reminding people about Bernie Sanders and blackives matter. Remember, he gave up his podium and a a miophone to them. Early in the campaign,n, walked away. Thats the kind of approach when dealing w with effectively bullies s like that. Stuart grovelled an apopology because he said all lives matter and instead of black lives matter. Thats the scourge of Political Correctness and thats one of the reasons that mr. Trump is doing so well. Stuart the masters, oh, lots of drama. Jordan spieth two shots up. But look at ernie els, six putts on the first hole. Well show you gory details later. First the highlights from our interview with gary player, fresh off his hole in one. Its wide open, ill best say it would be good for golf in Royer Mcilroy would win and golf needs a shot in the arm. Professional golf is healthy. Amatateur golf is not. This weeks btv spotlight features parnell pharmaceuticals, rn on nasdaq. Parnell is focused on delivering Innovative Solutions to unmetanimal health needs in the 70 billi dollar pet market. We have core competences in drug discoverery and development, regulatory filings, we have our owfda approved manufacturing facility and we have a signicant commercial presence in 14 countries. Zydax is our lead compound that weve been marketing in australia zydax affectively regenerates cartilage and can literally save lives. We had one of our sales executives tell us a story of seeing a dog in a clinic that just four weeks earlier had been brought in to be euthanized. The pet parents had to carry the dog in, it couldnt even walk. After just four injeions of zydax the dog was bouncing around in the clinic. We will soon launch that drug in the United States and also europe. Parnell pharmaceuticals, parn on nasdaq. For the full interview go online. Day two of the masters is underway in augusta, theres plenty of drama on day one, including a meltdown. Gerri willis is a golfer and in my office, im saying. A meltdown, show me. 46yearold South African 63, here is what happened on the very first hole of the masters. He six putts a score nine. Supposed to do in four shots. Stuart right around theole, he putts it past and watch this. Is it going to go in . No. Oh. Oh. Were talking tapins he misses from three feet he cant get it. From two feet he cant get it. He was asked later, what are you going to do . Youve not the yips, what are you going to do . He said i dont know, maybe a brain transplant. Hes upset. Right after the round he scocord an 80, not good. He scored an 80 and after the round he goes back to the putting green and d practicing with some of the best people. Jordan spieth takes it. Stuart a two shot lead. Jason day was supposed to be number one, and his odds have fallen draramatically. Ricky fowler a guy i know you love to love goes from 15 to 1 and he shot anan 80. The win is supposed to be. Stuart breang news, we are receiving word of an active shooter situation at Lackland Air Force base, san antonio liz there are victitims here. This is san antonio Lackland Air Force base. The deputies are entering and the police are entering the base to clear it. It been on lackdown since 9 05 central time. And Lackland Air Force base is the u. S. Air forces main training base. This is all we know at this hour. We have no more information who the shooter is and how many have been injured. We know its on lockdown right now and that police are clearing the space. Stuart were getting this information from tweets from the unty sheriff, the information is coming from as we speak. Thats live shot at san antonio, texas. All right, well b be following this, obviously, and well be back. Stuart we have received word of an act if shooter situation. San antonio. There are reports of shooting victims. It is still active scene. They are our deputies inside that air force base. They are clearing buildings. It is an acif shooter scene. More on this story as it deveps, of course. We are holding onto a single digit gain. Look at oil. There is a bounce back for you. A 6 ain. We have a bad pull for front runner donald trump. New numbers show 69 have an unfavorable view of donald trump. Senior political reporter r comg to us from d. C. You cannot get over negatives like that. What is fascinating is it this were to be a clinton and trump general election, both candidates, nothing really seems to stick to them. They are really starting to stick. That is probably the most interesting aspect of this pulling. 80 of people did not find him trustworthy. Honesty is a big thing. To frontrunners not trusted, how will that affect doing map. Stuart hired new staff. Donald trump will grow form. Mae he will stop the insult machine. Does he haveve to do this now . Other than make a statement, all these things have been finding it. The how he reacted before two losses, two wins, to everything. Tweets, re tweets. It is a strategy that needs to be implemented going forward. Fighting each other hard. Just as negative as it is for them. Political life in future. Not going away. Issues that everyone had heard. This race is definitely heating up. Stuart all rig. Ashley, i have to interrupt you for a second. According to the sheriff, there is at least one person dead in texas. The gunman is still act thereof. A Massive Police response. When into lockdown at 9 05 a. M. Central time. Still trying to clear the situation. It. Thank you. We heard from bernie standard. He is in new york city. World the tape. I am very excited. Participating. Dealing with how we project morality. Papaul francis has been an extraordinary person in making the world conscience of these levels of new commonwealth. Receiving an invitation from the vatican. He lives in a mansion. He is not connected to the worlds economic situation. Looking at a world that is under socialism general. I thinit would be great if you stuck with spiritual issues. This whole notion about the Global Warming and the economy. Stuart we know his point on the stock market. This is interesting. They have been accusing him of falling on the side of socialism. There is a fine line between being a socialist d a compassionate person. I think what we will begin to see is where people line up politically behind the pope. Freemarket capitalism. I know that. I am saying that specifically. Talking about income equality. That is a controversial topic. Very, very definitive than whether they support this pope here at he has broken the traditional mode. Stuartinvite Bernie Sanders. He invites Bernie Sanders. The democratic socialist. That is interesting. It is who he did not invite that is interesting to me. Getting involved with politics. He said stuff abt trump. If he really wanted to get involved in politics, why not invite everybody. That is what i find interesting. Knowing that his message has been compassion, is it compassion or is it socialism . Stuart you think that markets are going to go down. We hava triple digit gain. 176. You still cling to you still believe that sooner or later central bankeraround the world , sooner or later, it hit us and we me down sharply. Ignorance is bliss until reality shows up. This bed has been scessful exponentially. Now we are dealing with the ominous possibility and likelihood that earnin will be disastrous. We have seen mr. Klein. It makes it real obvious that there are numbers that will come out. O year ago. 18 higher. Down 18 . There is an earngs season coming up. Keep in mind, eight and a half warning. Right now, you could stay with the fed rhetoric. Expecting a recession this year. I think it is a her run this thing to say. All of a sudden she is becoming allpowerful that she can determine what asset prices are inflated. This is all based on false confidence. One thing you cannot escape, why investors have to protect themselves. You cannot escape this constant compounding of debt. This earnings recession is what i haveve been saying all along. Jpmorgans chief. Jamie dimon says the country is facing economic disaster. I think that is his words. Eological walls. Wewe are not touching social security. There is no worlrld form. Going deeper and deeper ininto debt. I think youd pull her closer. I would think much closer. There is a d dynamic happening among the Banking System which is being negatively impacted. Even thougugh he is saying, lets face it. Politicians are fighting. They are not offering any solutions to anyone. They are fighting with each other. I believe it will be getting another part of the unwinding. The Banking System. It is very horrible. You dealt with janet yellen. That is pretty good goingng. Let me talk our a audience about some really big names. Green arrows. That is this week. All doing really well. Pfizer, merck and mcdonalds are the winners of this week. Up 8 . Pfizer has the deal with our gent. That is out. Mcdonalds gets an alltime high. France and asia. All Day Breakfast doing really well for mickey ds. Stuart more now on that act if shooters situation. This could be a murder suicide. It continues to clear r the are. We will stay on the orr or you. Stuart we will be back in just a moment. More varney ter this. Here is what you missed at the top of the hour. Ed rollins take on donald trump. He has 6970 disapproval across the board. He cannot come back from that. It is not easy. Start ringing those people together. You do not have 70 plus of republicans. Did you catch this story that we were reporting yesterday. 9 million of the 22 mimillion people that have Student Loans are not paying their monthly payments. Ashley pratt is still with us. You are a millennial. We are working right up towards a bailout. A resistible to the left. Do not worry about those Student Loans. S. Vote for me. Young people cannot get over the fact that they need to grow up and pay up. Five years graduated from college. I am still paying monthly. You pick up money to go to school. That is a debt that you need to pay back. It is ridicous. Stuart how do you feel about it . You are still paying off. How do you feeeel about that . My tax dollars at one point, my hard earned money will go towards paying for people that no longer choose to pay off their debt. Tre is a sharp ending to our interview. Next case. The Oreilly Factor last night. Suggesting and underlying meaning. New york values. World tape. That antisemitic implications, the coded message that he put out there, he says new york values to a bunch of evangelicals. He is pointing to pause io, cuomo. Stuart there is the argument. Bill oreilly says, no, you have it wrong. Manhattan Republican Party chair. There is a Republican Party in manhattan. That statement was called for antisemitism. I say that there was a slight tone to that. I agree with them to some extent. I think it was a shortsighted move. He thought that he would do anything to win iowa. For variety of reasons, you can call it an antiwall street vi, but it was shortsighted. Everywhe, theyalk about the new york values. While whos over it. Stuart this is a stupid question. How did republicans are there in manhattan . More than 100,000. Twenty consecutive years. They are registered republicans. We have independence. Stuart i am going to cut th short. I do apologize for that. The air force base in texas. Stuart to dad at the air force base. No word ofof injuries at this time. Schools and Child Care Centers also in lockdown. Stuart we will be back. More after this. You pay your Car Insurance premium like clockwork. Month after month. Year after year. 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He barely finished his speec he barely finished. Widespread resentment and students that dend save space. They dont have to listen to anybodys position but their ow headline in e washingtonost. Increasingly nasty clinton and sanders race. Among republicans. Trump still talks about whining ted. Tataking the weekend off. Watching golf. It will only be a tempary escape. Nations ugly move isot going away. Hope a change draws to a ally ba equa but i only had a salad. It was a buffalo chicken salad. But i only had a salad. Salad. Freshly madede in the japanese tokyosttradition. Noodles. When you cook with incredible ingredients. You make credible meals. Get your first two meals free at blueapron. Com cook. Almost 11 00 oclock here on that east coast. Monitoring that live shooters situation. We do have a report of a sheriff spokesperson. They have coinued to clear. We will continue on this story for you. Think terrorism. A Police Report is no murder suicide. Prosecutorsre saying there are several more arrests. Hat is correct. A serious man in a white fishing hat. Theyll jump prosecutors confirming they have me several arrests. This is the bombing that killed 32. Injured more than 3200. We do not know that yet i wish we did. The dow indeed is still up. Th is where we are this friday morning. A bounce back from yesterdays big drop. Politics. The democrats. An opinion of mine. Just as split are the republicans. Hillary clinton, Bernie Sanders. Julie, to you, first. The nastiness of the fight between bernie and hillary i is damaging democrats. It is not holding. For sure. That is something that rerepublicans will use against r in the general election. The diererence, i will take issue with something that he said. Facing a support of the other nominee. Crews vllowercaseletter. I do not think jfk would recognize that right now. 5 growth. Big government and no growth. Competition. Nothing wrong with having differences of opinions. On the republican side, though, there is not as much of a dynamic. That is what will alternately but make the republican stronger. And ugly mood in america. Discontent is out there. I do not tnk that he is going away anytime soon. Speaker of the house paul ryan. Some say, well, he may be eparing for a president ial run. Look, it is amazing. It is a miracle. He is cool i. Probably the quietest speaker of the house that we have ever had. You are aggressive. You are ambitious. Anything is possible. If ty think that they will bring in a paul ryan, against 2000 trump. Crews delegates, they have another thing. Paul ryan has not gotten one vote from oneepublican. You cannot have a ninee that h has never won a single state. Has not gotten a single vote. That is just speculation surrounding the tv ad from paul ryan. I will speak to theouse. A real bigtime confrontation with black lives matter protesters at a meeting in philadelphia last night. I say he did the right day. He was pointing his finger. He was red in the face. Policy discussion. Telling that to get out. Bill clinton did exactly the right thing. I do not know how you would characterize the ones that got 13 all kids caught up on crack. Sent out othe streets to murder other African American children. Maybe you thought that they were good citizens. She did not. Tell them ththe truth. I think that you did exactly the right payaying in exactly te right way. Did you help or hurt hillary . What he said was, policing in this bill. Back in the american community. The 1994 joe biden. Bernie sanders is surging. They want to end the nonsense. It really was a big difference. Dynamic of a pushback. I would h have thought that this would have very much been in hillarys favor. She has have the minority vote on her side. Lets not discount how my people truly despises bill. It did have unintended consequences. Charges that they should not have been locked up on. I truly believe. Not talking about what is going down. A split intel yesterday. I heard that clip. I am now conservative. That is where the split is. I was a liberal with the clintons. Look at where i sit on the line now. Do not forget. The water is good. The same woman that was there in 92. [laughter] thank you very much indeed did back to o the numbers. Look at this. 40 o of people with student los have not been making their monthly payments. Stephen heywood is with us. He is a professor at pepperdine university. I do not think that you are. Try this one. Those numbers are people not paying off their Student Loans. It strikes me that we have a bailout coming. Do you agree . I think that that is probably right. I would have a massive sure position right now. The cost of Higher Education has been s soaring for decades. Higher than the rate of increase in housing. Higher than the cost of healthcare. I am not surprised. A lot of students are saying wait a minute. I ha been encouraged to load up on dad. I thk that there is a bubble coming. Let me bring you up to speed. Protesters claimed it was offensive. It was racially offensive. This is such nonsesense. This is my opinion now. It brings the college. I am old enough to remember the 1960s. If i were a leftist, i would be deeply embarrassed right now. The students were protesting real civil rightss problems. Well segregate in. Now we get upset when somebody writes something with chocolate and a sidewalk. It is just pathetic what is going on on campus. I said my own children, i want them to go up off and run up against each other with intellecalal ideas. It is ideas. First size office said. A safe space so you do not have to listen to somebodydy with a holistic point of view. That is what gets people so exasrated. Back in those days, no one talked aboutafe spaces. Instead they said we want to be adults. We want to engage the world. By the way, in the 60s, they did that without lawyers present. It is really astonishing. A good comparison you can make, it looked almost like conservatives today the issues that they talked about. Their whole overall demeanor. I remember it very well. Free speech. Now you have the precise opposite. Universities have a dark future. It does not grow out of the 60s. What we really need now is onone to stand up and say this. If you do not like it here, you can go to college somewhere se. We just found a new frequent guest on Varney Company. Come back every day of the week. Stephen, thank y you very much indeed. I went there. It is a great campus u there. A cold on divorce. We will tell you what he says. The video was so long. Very smart. Another episode of the new fox business progr. It airs tonight on fbn. Faith to we have a developing story from thjustice department. Breaking into a drug dealers phone. A drug he alert and brooklyn. Rejecting this. It was unconstitutional. Via cour order. The fbi does have a technique to get into an older model. This ia ner model. It is an issue here. They need ples help. Th fight is ill on between apple and the fbi. Theyey. Stuart there is no reaction whatsoever. Even as a result. Give ua search warrant. E judge ruled in apples vor. The fbi. If you listen carefully, two nights ago, it was we purchased our way into the iphone5. They cannott do that with the iphone six. You caught me. [laughter] pope frais issuing new guidelines on family life. A greater understandinand support. For the lg bt community. Just a chain in tone. B mac and unofficial english translation. It comes out officially and i tell you in. 6 00 oclock this morning. The official English Version is not out yet. This is what will cause the traditionalist to be upset. The pope is authorizing local bishops. Whether or not to grant sacraments. By divorced and remarried couples. It will probably start immediately in germany. Almost having to radically caolic churches. The pope weighs in, so to speak, by wanting to be more understanding. To senate cheerapp. People who think like he does. We need to change things. The other senate was more traditional. We wanted to have that. What his advisors told him. What he knew. And the teaching authority. What he wants to call it. You want to do that. What it was about Bernie Sanders. The socialist. There is no truth in that. No left wing open though modern era. He does not view the aditional teachings the same way as his 20 and 21st century that assessors. Stuart already. Hear you. Good to see you on a friday. Isis making a lot of money off stolen items from ancien ruins. The 100th anniversary, 100 indeed anniversary. There it is. I will join. John andretti out there on the streets. I have to look at it. Stuart i have more breaking news from brussels. Arrested and wanted in connection with the paris attack. He is likely the man cuse me. You will see him on the video right now. The attacks on the Brussels Airport. Hehe is around 31 years old. Also arrested and talking to authorits again. A key suspect arrested. One final point. The reports indicate that this terrorist travel to the uk list taking Surveillance Footage of football stadiums in the uk. A little chilling indeed. Isis. Wa for it. 200 million. Just last year from now one site. Moving the elements to the local markets. They have all of these kinds of documents. Using these cities in turkey. They have gone into some of the museums fair. A lot of it was ripped up and taken away. 20000 million. Yes. Stuart donald trump releasing new ad. Slamamming senator cruz. A cruz campaigner will jn us in a moment. When you think about success, what does it look like . Is it becoming a better professor by being a more adventurous student . Is it one day giving your daughter the opportunity she deserves . Is it finally witnessing all the artistic wonders of the Natural World . Whatever your r definition of success isis, helpining you pursue it, is our. Tiaa. Stuart weve lost a lot of the gain. We were up 150, i think, at some point, maybe 130. Now were up 92. We are still moving higher, 17,634 on this friday morning. Now this. The Trump Campaign, a lot of criticism for not providing moy they said they were going to provide t to the veterans. The Trump Campaign has responded. The story came from charlie gasparinino in the first place, and now the campaign has responded. They say they give money to 22 veteran charities, and this is what t they add. This is a very long sentence. If the media spent half as much time highlighting the work of these groups and how our veterans have been so mistreated rather than trying to disparage mr. Trumps generosity, for which he had no obligation, we would all be better off. Gasparinis here. Okay, charlie kind of a dopey statement, if you ask me, but go ahead. [laughter] no, it is. Heres thehe thing. Donald trump skipped the fox news debate. Stuart yep. Right . Pause he had a a problem because he had a proroblem with one of the m moderators. He chose to o raise some money. He said, not us, he raised 6 million. By the way, thats not 6 billion. Its 6 million which is not a lot of money for a guy whos worth allegedly 10 billion. Stuart but he did say it was going to the veterans. He said it t was. Stuart did it . Fox business was first, waited a month you would think if you make a big thining out of it, you know, the neys signed, sealed and delivered. Waited a month, and we found at the time about a Million Dollars was s given out. After we reported it, cnn found out t that there was a little me given out, andnd then the journl now three months later or r two months, eight weweeks, ten weeks later is now findingng that less than half has been doled out. And i would just say this, when yourere worth 10 billion allegegedly, coming up with 6 million is a a drop in the buck. Hank greenberg gave 10 million to jeb bush. Its a blink for these really rich guys. Stuart but it wasnt Donald Trumps 6 million. He said he called up all these people, and d he touted te rich guys like carl icahn, that they ponied up, and they gave, they pledged 6 million, and hes got it, and the groups are going to get it. If youre going to do Something Like that, hold ththat type of g and pony show, you either give the money by the way, why didnt he just pull it out of his pocket . Stuart fair point. You sasay this statement digresses. It misses the bigr point. If youre going to one of the problems i think w with the trup campaign, its all hat, no cattle in a lot of respects. Yeah, were raising, were doing this, were doing that, were raising money for vets and we dont give the money to vets. And, you know,w, its one thingo be lambasting reporters. When youre shortchanging veterans after promising them, thats when this thing gets a little bit out of hand. And i think, you know, theres a real question here. If youre going to promise x and not deliver x, can we trust you to promise on building a wall . Can we trust you to promise on all the other stuff you said . Stuart youve just created ammunition for the nontrump people to go at trump with. Thats what i hate to say it but, you know, i dont need to create anything. He does it all himself. Stuart thats true. But you dug it up, you got it. Its your story, and i think a lot of people are going to run with it. Appreciate it. Stuart thank you very much, sir. Dold trump releasing a new ad. It slamsenenator ted cruz for his new york values comment, okay . Roll that tape. Everyone e understands that e values in new york city focus around money and media. Iaw something that no place on earth could have ndled more beautifully, more humanely than new york. Stuart all right. Come on nirina siewkerman, new yorkampaign organizer for ted cruz. Welcome to the program. Thank you. Stuart now, can he turn that around . Ted cruzharsh criticism for what he said. Can he turn it around . I think hes more than turn around. I think senator cruz is building or very strong momentum in new york by visiting communities that have been long overlooked even by new new yorkers such as donald trump. Stuart well, hold on a second. Back in Congress Ted Cruz rejected some 9 11 compensation payments to firefighters. He rejected so money going to sandy hurricane sandy. Stuart thanks, liz. Hurricane sandy victims. That was all part of the new york values quote that trumps going after. R. I dont think hes going to turn this arounjust by visiting some communities. I disagree strongly. I think senator cruz is building a very strong momentum in terms of being forthright, clear and not flipflopping every two minutes. And i think thats actually appealing to new yorkers. Stuart hes still third. Theres a long time before the election, and polls have been inaccurate in the past. Stuart he was run out of town when he went into the bronx. He got a hundred people to look at him, and they were hostile. Thats a very poor rereflectn on that particular group of people, and it reflects well on senator cruz for reaching out to communities at have been consistently overlooked. Stuart okay, which communities has he reached out to . He has reached out to the south bronx, and he has also reached out to the mostly Russian Jewish Community in Brighton Beach just yesterday. Stuart w, a lot of people not a lot of people, but some people have e raised the issue that if you say i new york values, basical that is code for an antisemitic statatement. Because he did, ted cruz did link it to money and media. Thats the old trope of jewish control of both, isnt it . I think that reveals more about the people who make the trope than about senator cruz who has an excellent record in the senate of supportingssues that have been central to the jewish community. Stuart okay. Thats a very good point about the makers. Look, when i heard that, i thght liberals. Im a new new yorker, and that is the sense of new york, is liberalism. And thats what i thought when i heard that, liberal controof the media, right . I mean, this is Hillary Clinton and goldman chchs, i mean, its liberals in control of our communication. Thats what i heard from senator cruz. Stuart last question. If ted cruz is not the nominee, itits donald trump just say, would you support Donald Trumpsome. No. I would writite in senator crurs name. Stuart youd write in senator cruzs name . Thats correct. Stuart so any kind of republican unity aint going to happen . I dont consider nald trump a rong republican or a republican for that matter at all. Stuart okay. Youre an attorney as well, i believe. I am. Stuart there you go. Thank you very much for being with us this morning. Thank you. Stuart thank you. All right. Breaking news, this is happening right now. Large fire at a refinery. This is in pasadena, texas, okay . Not pasadena, california. This is texas. Dramatic pictures, as you can see. No word on how the fire started or if there are any injuries, but that is most interesting video. A lot of carbon being belched out right there. And now this, youre getting a live look at the stinger. Its outside the studios here, 48th street, manhattan. Im going to it will be auctioned next month in celebration of the 100th running of the indianapolis 500 race. Th benefit st. Judes childrens research hospital. I see you driving around manhattan in that all the me. [laughter] itits very general rouse of you generous of you to be ging up your wheels. Stuart im going to get a closer look at it in a couplof minutes. You keep pretending. [laughter] strt im going to go. Right now were joined by joel. He is a cancer survivor. And if im not mistaken, you were treated by s judes. Youre a st. Judes guy. I am. Stuart and the proceeds from the sale of that car, the auction, their going to st. Judes. Absolutely. I was treated at st. Judes 28 years ago. I was treated for bone cancer in my right shoulder. Had about a year of stuart youve lost your right arm. Had to have it amputated to get rid of the cancer. Stuart did yoyou start out at st. Judes . I did. And the wonderful thing about st. Jude, no family has to pay for anything. We take care of treatment, travel, housing and food. When my parents got there, they had to focus on me and helping me get better. Stuart how long were now in treatment . I was there for one full year. They totally covovered everythig and paid for me to fly back and forth from chattanooga to memphis, tennessee. Stuart how did your parents get you into the program . So we had aoctor who saw the tumor, and hed done his fellowship at st. Jude, and hehe knew they had a good protocol for my type of tumor, so he referred us. Uart somebody told me that it was a huge tumor. It was fairly big. I dont know the exact size of it. It 2008 broke a bone in it actually broke a bone in my arm. I was righthanded when i was a child, my parents noticed i stopped using g my right hand stuart how many years ago is thisesome. 28 years ago now. Stuart are you totally okay . Im dng great. After my yeaofof treatment, ive been cancerfree ever since. Next weekend im going to leave to do a half in man. You really . Im doing fantastic because of the work that goes on how old were you when you went into the hospital . . I was 7 years old. And youre here. And youre going tdo a triathlon . Thisll be my 11th, because the hospital gave me life. Wo hoo stuart that must have been millions of dollars worth treatment. I an, really. Extraordinary. And we never saw a bill. Stuart you know what the treatment was . Beuse youre totally cancer free 28 years later. It was four rounds of four different typeof chemotherapy, and it lasted right at a year, and thats about the same protocol osteosarcoma has now. Stuart thats a tumor on the bone yes, sir. Stuart thats what it is . And the radical removal, so thats key, being able to do that. And, boy, what a blessing. Oh, i its been amazing. If you look at st. Judes since we opened our doors in 1962. Childhood cancer survival rarats werere only 28 , today its more than 80 . That amazing. Stuart young man i thihink youre a young man. [laughter] hope so. Stuart you stay right there, because im going to make my way outside, im going to meet the race car driver, john andretti, in a moment, and im going to give our viewers a close look at the car and see if we can get some real money for it. Yeah. Yea lelets go for it. Lets rev it up. This audience is ccessful. Pony up. [laughter] stuart weve got a very wealthy audience. Pony up, sports fans. They know what theyre doing, eyre watching. Stuart outside in one minute. . Rsh im nicole petallides. Stocks are off the highs of the daday, had been up over 150 pois on the dow, right now up 61, the s p 500 up 7 and the nasdaq up ju 1 point at this moment. Weve seen e eight of the ten sectors with up arrows, energy being the best of thbunch as oil surges above 39. Chesapeake and devon energy, for example, some of those have been some of the leaders. S. Then we take a look at elllle brands, bath and body works doing g some restructuring, layoffs of maybe 200. Alsoso the catalog, well, some y actually be done. Some people will be disappointed about that. Apparel worries because the e gp has had inventory issues, and thats down 12 , dragging down ununder armour, north stone, urn outfitteters as well. Start your d day right here on x business, five a. M. Every day. Ill see you there with lawyer sinetti. But not ery Insurance Company understands the life behind it. For those whove served and the families that have supported them, we offer our best service in r return. Usaa. We know whatt means to serve. Get an insurance quote and see why 92 of our members plano stay for life. Stuart ladies and gentlemen, i give you this car. Im to not giving it to you, its going on auction. And im with john andretti, the nephew of the great mario . Thats correct. Stuart at are you going to do with this car . Speak. [laughter] well, Tammy Wentworth had this car built in 2011 to commemorate the 100th anniversary of the indianapolis motor speedway. And weve created it to be a replica, modern day interpretation of the car that won in 1911. Stuart ah, the wasp. Thats why is is called the stinger. Stuart theres all kinds of, theres signatures all over this thing. Thats exactly right. In 2011 all the drivers that were living, the indy 500 drivers names a are on the car. The winners name on the cover except for a. J. Foytand weve gone around the country e lastst five years to collect these signatures. Stuart this is a fincial program, so i have to ask you about money. How much did this thing cost to build, and how much do you expect to get for it at auction which will go to st. Judes . Speak. [laughter] or. Well, theve paid all the bills on it concern. Stuart how much . I couldnt tell you. Its a pretty big number. But also honda has donated a racewinning engine for it, firestone is donating the tires, so we have oer people involved, Barrett Jackson is going to be doing the auction. Stuart when is the auctn . Its may 25th. Itll be in indianapolis. Its a private auction. To go and register you go to win the world cares. Stuart okay. Im going to bring in a dy from st. Judes and her daughter who is a st. Judes patient, that correct . And your name is . Kentucky la. And your name is . Courtney. Stuart you wanthis thing to be auctioned off for a great deal of money, correct . Absolutely. Lots of money. Stuart do y like the car . I love the car. Stuart im betting a Million Dollars at least. What do you say . Its going to go for at lea a million if not more. Stuart youre hoping for a lot more. In a way its a thank you to fox for bringing it on because its about getting the word out about st. Jude and all that because so much more happens than what were raising here. Stuart well, lets talk to this young lady here. Now, youre a patient. Are you well now . Very well. Stuart you are, arent you . [laughter] very well, indeed. And youve been at st. Judes for treatment all the way through . Yes. Stuart did they treat you good . Yes. [laughter] very good. Strt and youre mom, and you didnt have to pay a dime. Not at all. Never saw a bill, and weve been there now ten years, and theyve just taken such great care of us. Out stuart youve been in treatment for ten years . This young lady . So were out of treatment now, but its all our followups, mris making sure she stays s healthy stuart are you well . Very, very, very well. Stuart dont you love it . [laughter] youve got to tell me again when the auction isis. Its going to be may 25th in indianapis. Stuart do i have to go to it, or can i bid by y phone . We prefer you to be there because theres going be the indy 500 champions, theres going to be entertainment, great food, and its going to be a private auction. Stuart great food . Great car. [laughter] okay. Thanks very much for joining us. We apprecie you being here. Good luck with the auction. I think youre doing a fantastic thing, i really do. Thank you for your support. Stuart all right, everybody. Back in a moment. Theres more varney to come. A. Parnell is focused on delivering Innovative Solutions to unmetanimal health needs in the 70 billion dollar pet market. We have core competences in Drug Discovery and development, regulatory filings, we have our own fda approved manufacturing facility and we have a significant commercial presence in 14 countries. Zydax is our lead compound that weve been marketing in australia zydax affectively regenerates cartilage and can literally save lives. We had one of our sales executives tell us a story of seeing a dog in a clinic that just four weeks earlier had en brought in to be euthanized. The pet parents had to carry the dog in, it couldnt even walk. After just four injections of zydax the dog was bouncing around in the clinic. We will soon launch that drug in the United States and also europe. Parnell pharmaceuticals, parn on nasdaq. For the full interview go online. 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. 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So we found a plan that can travel with us. Anywhere in the country. [ 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. Stua this is happening right now, a large fire, and its at a refinery, and its in pasadena, texas. Dramatic picres coming in. No word on how this fire started or if there are any injuries, but it is a refinery. Thats a big fire. Now,ake a look at the dow industrials. Im going to call in the low of the day. We had been up 10, 130 points, now were up just 43 pointses, 42 points. Maybe some danger signals there as you head towards the weekend. Whats going to happen friday afternoon . I dont know, but stay tuned to the fox business network. And then lets get back to politics. Im going to call this a rotten, lousy poll for the gop frontrunner, donald trump. Here are the numbers. 69 say they have an unfavorable view of donald trump. Tammy bruce, that is a terrible you cant win with negatives like that. Well, look, these are snapshots in the moment responding to we know that there is just this barreling of bad press, of attacks in the media, so theyre responding to what in the news, what the tone is and all of that. But this is also a sign of what the media will do to whomever is the frtrunner, the nominee in the summer. So this is a time for both mr. Cruz and mr. Trump to adjust to the nature of what the media does and to try to overcome it. Stuart any chance there is se trump shaming going on here . By that i mean somebody calls you up and they say do you support donald trump, and youre unwill to say yes. Yeah, well, exactly. Look, especially depends on whos in the room, room, what yr familys thinking, and then when you go into that vototing booth. What weve seen with mr. Trump, his likability numbers doesnt affect whether someone might support and vote for him because people realize were not electing aoyfriend, were electing someone who can take care of business. And you can be a jerk and be a really good president. I prer a really nice guy and a nice president combined, but people realize that this is not necessarily a personality contest. Stuart but, you know, when you pull that lever, when you vote for a president , youou know youe going to see that peperson for e next four years day in, day out. Yes, it w will be helpful, ad theres enough time for mr. Trump and senator cruz to adjust themselves, to address in the snapshots that are taken. Stuart i think during your time on Varney Company, youve become a conservative. Obviously. Yes, that is exactly what happened. It didnt even occur to me. Its you. Stuart still on politics, tammy. Donald trump and ted cruz have called for john kasich, just drop out of the race, please. They say he is stealing votes from them. Come on in, a kasich supporter. You know, its a long shot, isnt it . [laughter] i mean, its the idea that john kasich could beme the nominee, that is a huge long shot, isnt it . Its an exciting one, isnt it . Be. [laughter] its a great possibility. Im looking forward to being a delegate for governor kasich. Stuart but you can understand their reasoning, cant you . I mean well, sure, but look stuart marco rubios got more delegatetes will and hes holding on to them. Stuart lets solidify aund cruz or trump. No, absolutely not. Theres no reason why the governor should get out. He still has a very strong message, he still has plty of money in the bank, hes got lots of people who are very excxcited about the possibility of govern kasich being our next president and, quite honestly, if you have, you know, still the debacle going on between donald trump and senator cruz, people are going to be sick and tired of it by the time its second round ballot at the stuart maybe. I like him. Ive known john kasich for many, many years, and the man is personally a really good man, no question about it. He is. Stuart hes a good man. But hes very much a long shot. And on this program, he told me flat out there was zero chance that he would be Vice President to anyone. So you really are going for the absolute longest of long sts to make him thnominee. Yes, i am. Im going to stick with governor kasich. Theres been aboutight or ten polls nationally that show governor kasich as the only one out of those three that can actually beat Hillary Clinton. Uauart last one, ten seconds. If your man is not the guy, would you support ump . Would you support ted cruz . I would. I would support our nominee. Strt theres unity for you. You se theres unity ght there. [laughr] thanks very much for joining us. Im sorry im so short on time. Oh, no, i appreciate it. Stuart thanks very mu, indeed. Thank you. Stuart all right. We will have more varney in just a moment. Stuart get this rly moving. Tammy, thanks for being with us. Our time is up. Neil stuart, thank you very much. Were getting new developments now on this paris taker who might, in fact attacker who might be the terror suspect believed to have been that guy in the hat in that Brussels Airport scene, the one who was later identified Walking Around the streets. They had about eight minutes of video of him sorofof perusing around the streets after leaving the Brussels Airport. If true and that is the guy, that is a very, very big deal. Well give you the latest on that. In the meantime, lets take a look at whats happening on the corner of wall and broad. Big selloff, the stay day is still young though. All of this in the face of new regulations the president wants to ready for the financial