Transcripts For FBC Varney Company 20160526

Pounced on them he calls them crazy bernie and crooked hillary. Theyve given him the motherload of ammunition and he says yes, to a debate with bernie in california before the california vote. Ive got money, more big news, and were up, very, very close to dow 18,000. We have another jampacked show for you today. Varney company, were about to begin. Look at this. This is where they will be talking about those long lines that you will be suffering from at the airport this year. This is the house transportation security subcommittee. Here is the headline, the tsa wants more money. They still expect long security lines the memorial day weekend starts tomorrow and they tell you to get to the airport three hours before your flight. More from them today. You might as well drive. Gas is 2. 31, the National Average for regular. A low of 1. 69 in february, were up 61 cents. Even though, i would rather drive than face a security line at an airport. More on all of this in a moment. 12 days until the california primary. The democrats continue to implode. Hillarys email problem just got a whole lot worse. Look at the headlines from the mainstream newspapers, New York Times, emails add to Hillary Clintons central problem. Voters just dont trust her. The wall street journal, clintons email deceptions. And the Washington Post Editorial Board no less, clintons inexcusable, willful disregard for the rules. Tamara holder is with us this morning. All right, tamara, you skew to the left. Youre a democrat, you are. Im not a socialist. Stuart youre a democrat. I dont know whether youre for hillary or bernie, but i think you will admit to us this morning that Hillary Clintons candidacy is in a lot of trouble. Shes been in trouble and there are several reasons for this. Number one, voters dont trust her. Number two, because she hasnt been very clear about this email scandal to the public. Every day, every month, its been something new, some new explanation of hers. She has a terrible pr manager and i think from the very beginning she should have said, obviously, we made some mistakes or whatever, but thats why shes having this dishonesty problem. Stuart can she get over it . After this scandal, it broke yesterday. Right. Stuart after that can she in any how on earth can she restore trust in her on the part of the voter . Well, i think that she needs to hire the right people to and an image consultant, somebody who says its too late. I dont think so, its never too late. This is the make it or break it time. Shes neck and neck with bernie. Shes losing a lot of support and voters dont trust her. Shes skirting around, the bill clinton, whatever he said back in the day, i didnt have whatever the meaning of is is. Shady. Stuart the bottom line, are you confident that she will be the democrat nominee. Yes. Stuart no doubts in your mind whatsoever . Im confident that she will be nominee. Stuart and if she loses california . Im confident she will be the nominee. Stuart tamara, thank you for being a good sport. Thank you for not beating me up too much. Stuart in some ways i feel sorry for hillary. Shes had bad advice. Stuart on a personal sense i feel sorry for the lady. I dont think shes going to be the democrat nominee, i think shes in such trouble. Lets move on. Im staying on hillarys emails. I want to bring in chris stewart, republican utah. Youre on the senate intelligence, the house intelligence subcommittee. You saw the top secret emails on her private server, youve said that they were shocking and we would be shocked if we ever saw them. Now, even the Mainstream Media calls her actions inexcusable. Do you think she can continue as a president ial candidate . Well, i dont know. I think shes in trouble of the your former guest said she needed an image consultant. I think what she may need more than that is a very good attorney. We know that she didnt comply with the law or cooperate with the investigation in any way. Lets remember, the federal records act its not a list of suggestions, it has the force and effect of law. And high ranking officials, especially, have a special responsibility to comply with that law and the secretary, very simply, didnt. Its not republicans making that climb, its the Obama Administration that has reached this conclusion. This isnt some vast right wing conspiracy. And i think the secretary just has so much to answer to. Stuart is it not a question of judgment as opposed to a legal question or a political question. Its a question of judgment. Are we prepared to put Hillary Clinton in the oval office when she has put the nations secrets onto a private server, lodged in her home in chappaqua, new york . Are we prepared to accept someone with that judgment as the president of the United States . Well, i hope not and ive been saying that for so long now. As youve said ive read her emails. Theyre some of the most klo classified things ive seen in the military and they do reveal classified details and human assets and sitting on her email in the basement of her home. No one else in a position of authority has done that. Stuart she says there is no proof that they were hacked. Any good hacker worth his salt would be able to get away. Heavens, if it wasnt hacked, id be shocked. And i think theres a concensus that it was hacked. It was hacked twice and shot down twice . There are reasons this was such a bad idea and there have been comparisons, you know, previous secretaries did the same thing. Oh, my heavens, thats not at all a fair comparison. This isnt apples and oranges, this is comparing apples and a day old sandwich. They didnt have 30,000 emails that they deleted. They didnt have 2000 classified emails on their server. They didnt have dozens and dozens of top secret classified emails on their server. And again, this is a homebrewed server they actively tried to conceal that it existed. Stuart good of you to be with us. Thank you. Stuart im staying on hillary, i think shes in a great deal of trouble. Austan goolsbee is with us. Youre smiling, youre a big hillary supporter, i know that, officially. Are you having second thoughts . cause youve got to admit shes in deep trouble here . Look, im not having trouble. This is the same people, such as the congressman that you just had on, that are saying that the violations of the federal records act are a terrible violation, even though this very report identifies previous secretaries of state as doing similar things. Theyre the same people that said benghazi was terrible, theyre the same people that said she murdered vince foster and as long as this remains in a partisan framing. Stuart but it doesnt. Its not. Austan, you must have seen the New York Times and the Washington Post this morning. The post, theyre saying that her actions were inexcusable. Very Strong Language. You cant just sluff this off. Everything that we are discussing today has been longknown. Theres nothing new in this report. This was a report by the inspector general. Stuart i think there was. Austan, im sorry, there was. What was . The private email server was attacked and shut down twice. The fact that staffers were told when they raised the issue of the private server, oh, dont talk about that with anybody. Never mention it again. And stuart, you know im not a lawyer. When im on your show, im usually making fun of lawyers, so im not going to get into the discussion about the legal aspects. I did read the report. I wonder for most of the people who are attacking Hillary Clinton on this, whether theyve even read the report. If you look at the report, its a report about Record Keeping and its critical of secretary colin powell who it says leaves office, had a private server and never turned over the emails on that private server despite being asked. Stuart all right. And that Hillary Clinton did turn over those emails and they wanted her to have turned them over in the year previous than she did. Stuart austan, i think she needs all the support she can get and youre giving her support this morning, good for you. Let me turn to the economy because thats what you do. Are the author of the disasterous obama economics and i appreciate you giving me credit. [laughter] lets suppose that Hillary Clinton is the president of the United States and puts forth her Economic Policy, i would suggest thats big spending on infrastructure and big spending on education and tax the rich. I dont want to characterize it more than this. Are you telling me that this policy will give us 4 growth . 4 growth over what time frame . Well, lets say within a year of that policy being enacted . Well, probably not 4 , but i believe infrastructure and education are two critical investors to raising the longterm growth rate in the United States, 4 i think is a what percent . Well, i think that 4 is an unrealistic longterm growth rate. Stuart what is it . In the United States for 150 years. What we want is strong growth. Strong Economic Growth from a decent Economic Policy by other president. I want 4 . What do you want, 2 . I want 10 . All ill ask you is, when in the last 100 years have we had a 10year period with 4 growth . I believe the answer is never. Stuart i believe that in the 1980s, following the enormous tax cuts by president reagan, we did achieve a very strong row of Economic Growth. And we had 4 for two years. Stuart id like to see that again. You can have cyclical. You sound like donald trump, donald trump says 6 growth and well cut taxes by 12 trillion dollars, i mean im asking again. Ultimately the elections will be between two people. I believe those people will be Hillary Clinton and donald trump. And for whatever criticisms you have of Hillary Clinton, which right now were just focused on criticisms of her, it will become a compared to. When you start looking at the insanity thats coming out of the Trump Campaign on a regular basis, i dont think were willing to take that risk. Stuart okay. Well leave it there. Let me see a smile. There you go. [laughter] i dont want to get too nasty this morning in the middle of our ablock. Austan goolsbee, always appreciate it, thank you. Lets get back to the markets. Where are we now. Were looking at the futures, an indication of how we open, and should be up another 20odd points and that would put us within striking distance of 18,000 and were what, less than 500 points away from the alltime record close for the dow industrials. Here is why we might be up more. The price of oil at 50 a barrel. And 49. 92 now. Oil up, stocks up, thats been the rule of the week. Abercrombie fitch, down for the 13th straight quarter and theyre going to take a hit today down at 22 a share, down at 3 lower. Sales down at sears. Theyll be pretty much unchanged on the day. How about netflix . Now, theres a stock thats going to pop at the opening bell. Should be up, 3 or 4. Liz, youll tell me why liz theres word out according to bankers, that apple may want to buy netflix. Apple is on the lookout for content. Thought to be time warner. Watch netflix stock possibly pop at the open. So this would did i hear you right . Yeah, you did hear me right. Stuart apple thinking in the background of buying netflix . Speculation from bankers. This would be tim cook deploying that massive cash and equivalence pile more than 200 billion. Market value. No word from netflix, whether they would put themselves up for anybody. Stuart theyre worth 40 billion and apple has over 200 billion cash. Apple is on the move. Stuart i want to see how this shakes out. Good stuff. Now this, 11 states suing the Obama Administration of the transgender bathrooms. All rise. Judge napolitano is here. Still reeling from goolsbees misrepresentations and i cant wait to address them in the 11 00 hour. Stuart a lot of time for you. And hes not a lawyer. This story is profound what were going to discuss now. Stuart can i get my two cents in right here . Youre the anchor, of course. Stuart is it clear that president obama, what he wants is for any child to go into any bathroom of their choice in school . Thats what he wants. Yes. Stuart any child. You choose the bathroom. If youre a boy, you can choose the girlss bathroom if you identify that way. Yes. Stuart if i disagree with that policy, i am a bigot, am i correct . Its worse than that. If you run a School District and you dont enforce that policy and you regularly receive federal funds, he and the people on the federal government that work for him, are threatening to withhold those federal funds, which, of course, would be catastrophic because so many local School Districts and states for that matter are dependent upon the federal spigot of cash. Stuart its a state versus federal issue. Does the federal government have the right to dictate bathroom policy for every school in the nation . That very issue so nicely articulated by you is laid before a federal judge in texas this morning. The lawsuit was filed yesterday. Its 11 states of most in the south, plus utah and maine, challenging the federal governments imposition of you will change your bedroom policy or we will hold back our cash and it all turns on the meaning of the word, we all use every day, sex sex in the 1964 civil rights act. When they wrote that word and prohibited discrimination on the basis of sex, did they contemplate gender identity . I guess not. Well, we have used gender identity since then in statutes prohibiting hate crimes. So, if you commit a hate crime based on gender identity, you have committed a federal crime as well as a state crime. Punch somebody in the nose because you hate their gender identity, youve committed a simple assault under state law and also a federal crime. The Obama Justice department is arguing that that language in the hate crimes statute made a jump into the civil rights laws and therefore, allows the word sex in the 64 civil rights law to mean gender identity in the schools today. This is an enormous leap. An enormous extrapolation, i predict will be rejected by the courts. Stuart rejected by the courts . Rejected by the courts. Stuart it might well be rejected by the mass of americas voters. Were told that our sevenyearold daughters and granddaughters will now have to go to the bathroom with boys. Its outrageous. Ill give you consolation. You are told that, absolutely. But in the complaint, they actually cite statements made on the floor of the house and the floor of the senate when the statute in 1964 was being crafted and some members questioned others would this prohibit all discrimination on the basis of sex. What about living facilities in schools where students live there and the response was, this prohibits inindividual invidious discrimination, reasonable separation of the sexes. Stuart i cant wait to hear from you at 11 00, fullthroated on the Hillary Clinton mess. Looking forward to it. Stuart protesters marching on mcdonalds headquarters, they want 15 minimum wage. Quite a crowd theyve got there. More on that in a moment. Check the futures market. Are we now . I think were opening higher 15 minutes from now. Lions gate film, theyve got a Popular Series, orange is the new black, that stock will open higher. Now this, disturbing video from venezuela, citizens fighting on the streets for food. Theyre eating garbage. Its a socialist country and its collapsing. And donald trump attacks senator Elizabeth Warren, bringing back an old scandal about her supposed native American Heritage. You will hear what donald trump had to say about her in a moment. And later, karl rove, his super pac endorsing debby wassermanschultz . Odd couple, wait until you hear why. V amazing sleep stays with you all day and all night. Sleep number beds with Sleepiq Technology give you the knowledge to adjust for the best sleep ever. Save 500 on the memorial day special Edition Mattress with Sleepiq Technology. Plus 36 month financing. Know better sleep. Only at a sleep number store. Happening now in france. Union striking at oil refineries, Nuclear Power plants, hubs. Theres a labor dispute that. The government wants to make it easier to fire workers. The workers hate it. By the way, 40 of the gas stations in paris have no gas, problem. Look at oil, this is why stocks will be up today. 50 a barrel, we got there for American West texas crude. 50. 09 as we speak. How about apple . Reportedly may be shopping for a streaming company. Thats sending netflix stock way up this morning, probably 3 higher in a couple of minutes time. Back to politics, theres a huge fight between trump and senator Elizabeth Warren. She set it off with this comment. Donald trump was drooling over the idea of a housing meltdown because it meant he could buy up more property on the cheap. What kind of a man does that . All right, trump fired right back at her, listen to this. Pocahontas, Elizabeth Warren, i call her goofy. She is no, no, goofy. She gets less done than anybody in the United States senate. She gets nothing done. Nothing passed. Shes got a big mouth. Stuart please note, the use of the word pocahontas. Im sure you noticed it. You in thats a reference to senator Elizabeth Warren who claimed to be a native american and allowed her to get a job as a harvard professor. She is not a native american. She cheated. Well, okay. Shes apparently 1 32 cherokee and theres a debate whether thats sufficient enough to claim, and reporting here, im reporting not opining. Stuart this is the left standard bearer, cheats, and harvard, look were so progressive, so diverse, it was a lie. Stuart, let me educate you. Shes 1 132 cherokee. Theres a debate if thats enough enough to claim youre native american. Stuart she claims it, cant prove it. Ute of texas said shes white. And then she said shes a minority. Here is the thing, donald trump, he is you cant throw and hes going after doesnt work, you cant throw it off like that. Elizabeth warren cheated ethnically. Her mama and papa told her she is and therefore she is. Stuart check this out. Im not sure its going to work, but the french artist made the famous pyramid and appeared to make it disappear. Look at it from the right angle. Its ruining us, its not harry potters magic cloak . Look at the futures one last time. Were within striking distance of 18,000, another good rally and were there. Back in a moment. Stuart it is 9 30 precisely. We are off and running, thursday morning, the market is open and we opened a little bit higher, probably going up 20 or 30 points, i want to start with netflix. It has opened well above 100 a share, 2. 6 point gain. Why is it up . Reportedly apple wants to buy a streaming and media company. What comes to mind . Netflix and apple can afford it. To discuss all of this, Elizabeth Mcdonald and dan in chicago. Does it make sense . Netflix in play as an apple purchase, pure speculation, does it make sense . It makes sense from this perspective, apple is trying to get more and more into every aspect of the home, tv etc. Apple tv is in the fourth generation and this is the golden age of content so everybody pushing content out, the many Netflix Series we love to watch. I do think it makes some sense. Give me the numbers on the money because theyan afford to do this. So tim cook looks like he is on the move, 206 billion in cash, market cap for netflix 40 billion, the play, basically netflix has a growing Subscriber Base around the world. Neil we will check apple in a moment. Stuart i will check the broader market, we are up 23 points. We are on 18,000 watch again, 140 points away from it. Dan, it seems like this market wants to go bearing in mind the performance this week. The market has been confident. We have seen Economic Data stronger than suggested earlier. We dont have a lot of problems out and about in the world to affect us right now. The problem is breaking the 18,000 level and getting to new record level territory. We need a bigger emphasis than what we have seen economically and if we get it that will put us through the top. Neil i sent some excitement in the market. It does want to go up, it wents to. We have been in the pool bags on for many weeks. We have one daily range so the movement of the day to get to 18,000, one more daily range above that to get us to the 9month highs so the markets try to get up and test those highs, that is where we have some problems. I expect first time we see that rarefied air we will pull back a little bit. Neil there is limited the excitement. Stuart dont forget about oil. This is why the market has been going up this week, we went to 50 a barrel earlier today. What is this i hear about chevron in nigeria grounding because of strikes on their facilities . Does that make a difference to crude oil this morning . I dont think that is making any difference but crude oil is helping. What we have seen the past few weeks is an inventory drawdown. That is the biggest story because we all know supply is extraordinarily high, that is starting to whittle down, equations coming back and balanced is the bigger story. Rick the us shale industry. Here is the play, watch it. Saudi arabia and opec, pushing 11 4 Million Barrels a day. We havent seen it that low since 2008. Could be a mini bull run here in oil if iran doesnt get up to speed as rapidly as we thought. Stuart oil up, stocks up, that is what we are seeing now. How about abercrombie and fitch, it is still around, sales down, slow shopper traffic cutting by 10 like that. Chicos womens apparel, lower profits, down 6 . Sears, sales down again but stock is up because it lost less. They are top brands. The premier assets at sears considering selling. Kenmore, craftsman tools, those of the long favored sears assets. Stuart i have been in my time a shopper at a discount Clothing Store known as Burlington Store known as Burlington Coat factory, they raised their outlook, profit up 46 and that stock is up 6 . Do you like any of the names we just ran through . There are lots of names, the big main line stores may seize those types of stores, stay away from those retail stores, retailers i do like, the discounters, you have Dollar General, dollar tree, discount Burlington Coat factory, they are doing well. If you look at stock charts they have been holding up highs were all the retailers i getting crushed so if you have money to put the work in retailer the discount is avoiding luxury names, tiffany and others. Neil do you own them . I dont own any of those. Stuart we are going to go through them. Amazon at 7 08 this morning, alphabet, 7 39. How about facebook, 121 was the alltime high, 118 this morning. Never forget twitter, we use it every day countless times in the media, dropped to 13 a couple days ago, 1436 as of now. How about this . Lions gate films make the Popular Series orange is the new black. How good is it . Nicole that is good news. Orange is the new black, Television Operations did well for lions gate to obsessed stock that they sign their movies so we are seeing clips that certainly help them along and they beat the surprise profit. In afterhours stock soared 10 roughly 2 now but we did see up arrows. The divergent series, those are misses. It is numfour1 4 . Stuart we need you for all these names a series that i dont know and you do know, thank you very much indeed. More minimumwage protests at mcdonalds headquarters, stock price of Mcdonalds Well off of its alltime high, it is 123. Looking at life pictures outside mcdonalds headquarters, rallying, 15 an hour minimum wage across the board. That is going on right now. We are back to it shortly. Look at this. Sally the salad robot. This is a prototype that will be available by the end of the year, works like a vending machine dispensing salad ingredients. That happens when you get 15 an hour at mcdonalds. Liz exactly right. We have a french fry robot and a doughnut robot and a salad robot. Numerous complaints about workers not washing their hands. Maybe half wash their hands. People are worried about contaminated food. One in 10 errors in food ordering by regular human beings giving the order so people are saying wait a second, robots could be cleaner and could get your order correct. Stuart they have a coffee dispenser with no interface with human beings. No interface with people whatsoever. An order taking robot called an ipad where you order your self. Stuart more on these robots, the apple and samsung supplier replacing 60,000 workers with automation. Robots are taking over. Liz this is striking. News reports that apple and samsung would cut their employee head count by half, down 50,000 from 110,000. This is action that has to be picked up by other reporters in the media and the unions, the robot revolution is upon us. Stuart cost of labor in china is going up so you replace labor with a robot just like you do in fast food operations in america, replace Expensive Labor with technology. That is what you do. Liz robots dont need healthcare. A little maintenance now and then. Stuart we told you about apple exploring charging stations for electric cars and also wondering about innovation from apple. It seems the car, forgive the pun, the vehicle of the future for apple product and apple technology. All kind of development in that direction. So much talk about peak iphone sales and they have their cash cows that continue to dominate the market but can they grow as fast in emerging countries like india to be able to push the business up . Most people think know, the next big push for apple has to come from innovation leap. They have been spending money on automotive engineers, looking at all kinds of Different Things in this field and everyone is waiting with baited breath to see what they come out with and i think that will be the next change in apple stock. Stuart the car. The Automotive Industry whatever they do, ridesharing cars, electric vehicles, all kinds of speculation in those areas. Stuart what do you say about the car being the vehicle so to speak for apple innovation . Opening up to a lot of possibilities. Electric vehicles are starting to gain popularity with lower models, charging needs to be done in them and that is one of the big drawbacks, if you drive a tesla it has good range but if you get to the point you dont have it no charging station, 6 or 7 hours to charge it so they are going in this direction and it is a good way to go. Stuart moving on. Long lines at security at the airport, plus tsa still wants more money. Here is a look at the airline stocks, yesterday ron paul told us security should be the airlines responsibility. They are down today. Maybe they dont like what is happening at the airports this summer. Cheryl American Airlines saying they had 70,000 customers miss their flights because of delays in airport screening, 70,000 customers at American Airlines alone and that means 40,000 check bags were missed. Will the individual get their tickets refunded . Likely not. Stuart all the airlines are down and i suspect that is because of long lines at airports. It is what everybody is talking about. Can you imagine you are a Family Planning a vacation this summer, you have got to go by plane, i would think twice about flying. More friction for customers, tougher for customers to do business with you they will do less of that, they will find a way to drive, do something else, not good for airlines. Stuart im going to get back to politics, getting back to politics. Does this rally, not a great rally at the moment but the last 3 days it has been. Does this rally have anything to do with the rise of donald trump and the split among democrats . To you first. I am really sort of on shaky ground with this but i want to know has the election process so far had any impact on stocks . A month and a half, two months ago when things were in flux it did. It had nothing going for it right now. We kind of know it will be hillary trump, we dont know who it will be. Until one of them gets in their wont be a terrific change early on so i say no, doesnt have any effect today. Stuart what do you say . Shortterm trump policies are more business friendly in the short term than the clinton policies. The Clinton Sanders divide gives as a boost in the markets and it will be interesting to watch at the end of the year, the sniping back and forth will show us trump better, clinton not so much. Stuart thanks for joining us one and all. Big names, you know them, talking retailers, macys, abercrombie and fitch, best buy, kohls, lots of them. We call this the retail ice age because so many bigname retailers have lost so much ground recently and reported poor sales. Joining us now is Kristen Spence who watches the retail sector. Are there any big names which you would say are in very serious trouble . A lot of names are in very serious trouble. Macys comes to mind. Anything, the bigbox retailer is in peril right now. A sunset industry. Macys, best buy, kohls, take your pick, dillard, any traditional the apartment store is in peril. Stuart you have gone across the board. That is a lot of american retailing. You wouldnt touch it with a 10 foot pole. That is a big deal. It is. This is a structural shift we are seeing in consumer spending. The disruption that is happening is impacting and people are not paying attention to that especially retailers. They are the last to know which is ironic because their job is to serve the consumer. Stuart is it because there is so much more online buying and selling . That is the primary reason for this . I dont think it is the only reason. There are a lot of things that play. Online sales are only 7 total shopping so a lot of clicks and bricks if you will. I dont think that is the only thing at play but definitely bigbox retail is past its prime. Stuart you have a special bad word for tiffany. Good Companies Behaving badly. Every girl loves a blue box, i am no different but they are making a lot of mistakes lately. Chasing the millennial consumer, now they are going into the watch business which is such a mistake because swiss watch exports i down considerably so that is the last business i would want to be in in the luxury sector. Stuart we should come to you more often. What was it you said last time . Women shop, men by or men women shop men pay . Is that what you said . Women spend, men pay. Stuart you are famous. Thank you very much, you will be back. Check the big board, we are up 25 points, 17,00878. Everybody knows my next guest, karl rove. Why is karl rove and his super pac endorsing Democrat Convention chair and leader of the Democrat Party Debbie Wasserman schultz . They said, quote, Debbie Wasserman schultz thats leadership has been a catalyst in the emerging civil war the Democratic Party and ensuring their nomination process will drag on far longer than that of the republicans. Karl rove is here. That was a tongueincheek endorsement, wasnt it . He has done so much to mess up the democratic primaries, great antagonism between the Sanders Campaign and the clinton she did such a terrific job in 2014 to help advance the republican cause of taking back the senate we thought the least we could do was endorse her reelection in the democratic primary. Stuart you are not actually going to donate money . No but we have done we know she might be offended by that so just put our Strong Language out there, strong endorsement making clear a huge effect on her. Stuart i will offer you an opportunity to answer two questions about democrats and Everybody Knows you are a republican but here is your chance. Do you think Debbie Wasserman schultz will be the chair at the convention . Second question, do you think Hillary Rodham clinton will be the democrat nominee . Debbie Wasserman Schultz question first. She will be because it would be so awkward and so destructive to remove her. She has been such a loyal ally to hillary. Hillary has a tendency to throw people overboard when it is in her interest but im not certain the chaos that would ensue by installing a new dnc chairman between now and the convention would be worth it from her perspective. Of the one is Hillary Clinton the democrat nominee for sure . I wrote a column a week ago in the wall street journal about what would happen if she lost the fbi primary . She is 78 delegates from the convention majority. There are 931 delegates to be selected. He is going to get 78 delegates and a bunch more and be the democratic nominee unless the fbi primary is settled adversely to her interests. Stuart what happens if she loses california . She is barely had, 4644. It is a proportional primary. Assume she loses 5545, say she loses 6040, that means she picks up 200 delegates and only gets 40 , more than 200 delegates and all she needs stuart it is a face. The same day we also have montana and south dakota and new jersey with delegates, their contest ends on 14 june with the district of columbia primary, she is going to get the 78 delegates even if she didnt get any more elected delegates, more than 78 superdelegates and she will end up winning the nomination by healthy margin of 4, 600 delegates over Bernie Sanders. Think about this. This will be the First Convention Bernie Sanders has ever attended either in vermont or nationally because he has never run as a democrat. He has defeated democrats in every race he has run or been defeated by them as in the case when he ran as an independent governor of vermont. The fact this 74yearold selfproclaimed democratic socialist has been giving her a run for her money and today a new poll in california, 46 clinton, 44 sanders, shows how bad a candidate she is. Supporter of Debbie Wasserman schultz, incredible. Thanks, appreciate you being with us. Drone strike takes out the leader of the taliban and a new leader has emerged. The man who killed usama bin laden is next on that subject and there is a new warning for people who live on the us mexico border. Watch out. You could get caught in cartel crossfire and we dont forget donald trump, protesters disrupting his rally in california gets violent, police use force to disperse the crowd, we have someone who was there. 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These are the only Medicare Supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. Remember, medicare doesnt cover everything. The rest is up to you. Call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. Go long™. Stuart the taliban naming a new leader days after their former leader was killed in us airstrikes with former navy seal who killed usama bin laden, is this a way to win, knock one off, another one pops in . We can and we cant. If we are piecemeal link it together, the problems all come from the same place in pakistan, go in and hit them hard where they are and leave, we are trying to rebuild afghanistan, only parts of it want, the rest want to their tribal living under sharia law. I dont think the taliban and is a threat to western interests. They want islam in that part of it. Stuart the pakistanis support and protect the taliban and. It is different parts. It is pretty obvious. Stuart we have any leverage . We dont threaten that at all. We have crossborder operations, the want to kill usama bin laden, they knew he was there, they know, the islamic criminal they pretty much running the taliban and, this other guy, getting help from pakistan, we know they were holding Bowe Bergdahl and things like that. Stuart when you went after usama bin laden in that compound did you tell them you were coming . Absolutely not. That was brought up around the room full of operators, if we gave even a hint that we knew where he was he would have been gone in a day. Stuart and intensely private of course it was. Pakistan wants to be a friend as long as we have what they want. The center of the universe. Stuart what are we afraid of . Why dont we exercise leverage . We are afraid to be labeled something, to look mean. We can kill people, but not do it too inhumanely. It is a part of war the past few decades. It wasnt a problem. Stuart rob oneill, thank you. Common sense, we just love that. Next hour coming up, Hillary Clinton, a flawed candidate, damning state Department Report on emails. We will play you the soundbite. The Mexican Drug Cartel at the border, a fresh warning, you could get caught in the crossfire. Europes migrant crisis, record numbers of Syrian Refugees admitted into this country and the Obama Administration wants to let in thousands more. Two minutes away from or varney and company. If youre going to make a statement. Make sure its an intelligent one. The allnew audi a4, with available virtual cockpit. Stuart what was that i hear . You had a bad day . That is how donald trump described hillarys bad day. Watch this. Crooked hillary, she is as crooked as they come. She had a little bad news today as you know from reports that came down that were not so good. The inspector generals report, not good but i want to run against hillary. Dont know if you will be able to. Could be we will run against crazy bernie, he is a crazy man but we like crazy people. Stuart very watchable. It is all politics and we will get to that in a moment. Lets tell you what is going on in the markets. We are dead flat for the dow industrials, about 150 points away from 18 k, not quite there today. How about oil . We were at 50 a barrel earlier, 49. 72, has oil backed up a little . Lets look at netflix, stock is moving up today, 3 gain, almost 3 . Deirdre bolton is here, tech guru, speculation, pure speculation that apple wants to buy a streaming company and netflix pops up. Speculation, the ceo of apple, timko cannot in the room, not even part of the conversation. This is more a brainstorming exercise but what it does show proves content is king. Apple has 178 billion on the Balance Sheet so if apple wants to buy a company it is in position to do so, look at time warner stock, that is up for the same reason, hbo, cnn and warner bros. Entertaining. Stuart streaming content companies on this speculative what is not speculation is apple seems to want to buy a media company. Notice the question of which one. The streaming model, everyone is flocking to netflix thinking this make sense. It is an overthetop product, streaming, this would fit pretty well into epilepsy universe. Stuart what we have is netflix up, time warner up, a couple of the content companies up, apple holding, 99 a share, it is all speculation. Some news on the housing market. Mortgage rates. Like take up from 3. 58 last week but here is what is going on. We have not seen Mortgage Rates this low ever since they started tracking in 1971. What is happening . Fears of a fed rate hike could be coming in, russia could start buying houses, Mortgage Rate slightly higher. Stuart 3. 64. Are you kidding me . When i bought my first house ever, late 1970s i got a 12. 5 mortgage. I thought it was a bargain. It was a bargain at that time. We are monitoring that hearing on capitol hill, the tsa hearing on long lines at the security place at the airport. The tsa chief says he needs more money to fix this but even with more money he says get used to long lines, they are here for the summer and get to the airport three hours earlier. This is fly the unfriendly skies, like preparing for a military battle to go through an airport right now, breaking news last hour American Airlines executives testifying 70,000 people missed their flights because of the delays in airport screening and 30,000 bags. Stuart that is a key note, 70,000 people on American Airlines missed their flights because of the lines. Earlier we said was hundred that chicago. Thousands. Now 70,000. If i was planning a trip this summer with my family and flying i would think twice. I really would. I have flown with 6 kids, three hours in a tsa line is not fun. I am being pressed to get to donald trump and Hillary Clinto Hillary Clintons bad day, attacking her on benghazi as well. Remember the famous ad when they call at 3 00 in the morning who is going to be there to answer the call, she was supposed to say i am going to answer the call. She was sleeping. Hundreds and hundreds of emails and calls and they kept calling and she was sleeping. She was sleeping. I dont sleep much. Stuart that is one line of attack, benghazi but there are plenty of opportunities specifically the latest on the email problem. Doug show it is with us, former clinton advisor. I say former because clearly you are not advising hillary. This is a huge problem and i have to ask the question. At the end of the day do you think hillary will still be the democratic nominee . Ask me after california. If she wins california she absolutely will be. If she loses california and there is a report the fbi or the Justice Department that is either damning or indicts one of her staff or potentially even her, all bets are off. Stuart she could be removed. I dont think it is likely. She is likely to be the next president but she is not out of the woods. Stuart i think june 7th, the day of the california primary is the new big day. She has got to win. Completely agree. New polls show it tightening. Bernie is exceeding his poll numbers in every primary election so far. It is at best 5050 for the secretary. Of the one the latest poll i saw, reputable organization, 40 hillary, 44 bernie. This is a dead heat. Hillary has lost a lot of ground. Bernie is a socialist. He is. Stuart we know that well. Hillary is in real trouble. There i mention the word joe biden . Would you discount that totally . I am a political realist. The Democratic Party will be Hillary Clinton as long as she has the delegates and people think she can win. It still looks like she has the delegates. We will see june 7th what happens. If she shows weakness the superdelegates could begin to defect. If there is any doubt about her candidacy, joe biden says every day he wishes he was in the race, potentially get closer to jumping in. Stuart do you think it will come to that . It could. If Elizabeth Warren runs, that would be compelling. Stuart joe biden for president , Vice President Elizabeth Warren. That is in the wings. Stuart what do you mean it is in the wings . You know the Democrat Party. I people talking about this . They are indeed. One thing i want to suggest before we go, sanders is not going away quietly. He will have a claim to the nomination that will be compelling. We just do not know what is going to happen in philadelphia. Secretary clinton is the favorite but there is a big but. Stuart you are democrat. Yes. Stuart left you behind. I am with you. Yes i am. Stuart i am a freemarket guy, cut taxes. When i was in england i was embracing the right and writing about immigration. I dont want to say where you were. It was 50 years ago. I am the same man today. Stuart i have more for you. You are not getting out of here. Silicon valley investor says he did in fact help hulk hogans lawsuit. Cheryl looks like he spent 10 million to support whole cogans fight. What is going on here . Peter teal anger with gawker for outing him in 2007 calling them psychological terrorists like al qaeda. What is happening too, whole cogan is in a big fight over a sex tape. Stuart the bottom line is a wealthy man, multibillionaire guy, fans founded paypal etc. He is using his financial muscle to beat somebody abusing the legal system. It is not illegal. You may question the ethics, or his use of time and money but what he is doing is not illegal. It has happened before. He hates nick, he wants to see him, the founder of gawker, to be broke and in the gutter. Stuart i havent heard a good word about gawker from anybody. Liz they are not a reputable journalistic outfit. They get close to the other side, they are not fair and balanced, there is no credibility. Peter teal said he supported different types of journalism. Stuart last word . He is a libertarian who supports freedom of speech but does not appreciate celebrity attacks especially when they happen to him. He held a grudge. Stuart i am with the guy. The fight continues, 15 an hour minimum wage. Lots of protesters are marching on mcdonalds headquarters just outside chicago. Jeff flock is there close you have a fox microphone, fox all over you. Feeling endangered . I am on their side. I am the balanced part of fair and balanced so not a problem. You can see Police Officers here at mcdonalds headquarters. I have breaking news for you. The protesters are boarding buses heading somewhere else. Most important i know how you feel about the fight for 15. I have terrance wise with me and i want you to answer stuarts concerns, he says if you get 15 they a lemonade jobs. What do you say . We know if you put money in workers pockets like myself we are not going to sit on it or hide it. Im going to buy my kids clothes and more shoes, entertain my family, fly and see my mother and put money in the economy. Former ceo says it will be replaced with automation, robots. We know corporations are in business for profit. Of automation would save mcdonalds money and make more profit they would have done it already. There you go. Fair and balanced. Stuart it was fair and balanced. Watch out for the mike. Jeff flock, back to you later. Now this. A powerful transformer explosion caught on camera in st. Petersburg florida, firefighters standing near a smoking manhole, a transformer caught fire, firefighters back away just before it explodes shooting flames, smoke in the air, scaring nobody was hurt. Cameras everywhere, you catch this. Liz look at that. Stuart we told you it was coming. President obama is in japan and is slamming donald trump on foreign soil, that is next. Stuart happening right now, this may be the biggest idea you never heard of, us foods, the distributor, they sell to restaurants, one of the Largest Private Companies in america, now it has gone public, started trading. Liz the second biggest ipo of the year. They sell packaged foods we know and love, restaurants and hospitals, hilltop, desserts, look at this stock moving higher beyond this ipo price. It will be priced at 1 billion, making this offering, pretty good ipo coming out. Stuart it was the 10th Largest Private Company in america. Now a chunk of it has gone public and the stock has gone up 5 from the initial offering price. Any idea how much they will raise . Liz they had 20 billion in annual sales to a pretty Decent Company coming into the market for the first time. We want this is coming out today, you have to google it to find out what it is, never heard of it. It is like cisco. Liz cisco owns it. Stuart we are off and running, us foods started out its journey in the public arena. 24, 25 is the price of 5. 5 . Not a bad start. Now this. A record 529 Syrian Refugees have been welcomed into this country just this month. That is a record for the month. Not a single christian among them. Ambassador john bolton is with us. That is astonishing. Not a single christian . Go ahead. It shows what the state departments priorities are. Even the state department acknowledged christians have been the subject of genocide by isis and yet they come into the refugee camps, they fear persecution once they get there. We are admitting people the Obama Administration itself and senior officials have acknowledged they cannot adequately that. This is clearly pursuing an ideological objective, not one that meets the test of National Security of the United States. Stuart what is the ideological objective . Is it flat out bring more muslims to america . Is that it . I think it is an objective that goes to something secretary of state john kerry leapt out a few weeks ago, you will need to get used to borderless world that is coming. If you think a country and its population are simply the people who are within a couple artificial lines at any given time you dont care who comes in because everybody all around the world is equally entitled to it. I dont think obama would ever say that explicitly but i think that is on his mind which Stuart Donald trump has said if he were president first thing he would do would be to impose a temporary halt to all muslims coming into america. What do you say to that . That is a mistake. The problem is not muslims. The problem is radical terrorists who are muslims and what we need are screening devices to keep those people out. We dont have them now. So i think what you have to look at is getting the solution to the problem and not overcompensating for deficiencies we have now. Stuart would you hold on for a second . I have breaking news coming on the Trump Campaign. Donald trump has secured the number of unpledged delegates he needs to be the gop nominee. Donald trump hitting the number of delegates he needs to secure the gop nomination according to the associated press, phone call to unpledged democrats and the delegates, delegates. This is ahead of primary still not conducted in places like california. Stuart he has the delegates he needs. Liz he hit 1237. Of the one coming back in again, president obama has been talking about donald trump today from japan. He has said World Leaders are aghast, that is not his word, that is my word, at donald trump and what he is doing. What is your comment on that . I think American Voters shouldnt make their decision about the presidency on the basis of what foreign leaders think. They should make it on the basis of what they think is in the best interest of the United States. There is a real conservatism with the foreign governments, when american elections coming to view. They would prefer there not be any change, they would rather deal with what they know. If you took a poll they overwhelmingly say they vote for Hillary Clinton because they are familiar with her. They think and i do too that she will be obamas third term. Their opinions are entitled to respect, everybodys, americans will disregard them. Stuart would you pass judgment your self . You are a Foreign Policy expert and foreign ambassador to the united nations, you know what is going on. What is your opinion of a possible Trump Presidency . I will support him for the presidency, the alternative is Hillary Clinton, i find is a relatively easy choice, American Allies around the world will respect a president who believes in american strength and one who is committed to rebuilding the American Military which Hillary Clinton definitely is not. Stuart thank you for joining us again this morning, appreciate it, thank you. Stuart split this time in israel and the middle east. And we have details in a moment. You pay your Car Insurance premium like clockwork. Month after month. Year after year. Then one night, you hydroplane into a ditch. Yeah. Surprise. Your Insurance Company tells you to pay up again. Why pay for insurance if you have to pay even more for using it . If you have Liberty Mutual deductible fund™, you could pay no deductible at all. Sign up to immediately lower your deductible by 100. And keep lowering it 100 annually, until its gone. Then continue to earn that 100 every year. Theres no limit to how much you can earn and this savings applies to every vehicle on your policy. Call to learn more. Switch to Liberty Mutual and you could save up to 509. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Stuart i am going to call it dead flat, two days of maze games, we are up two points checking the big board, the price of oil at 50 a barrel earlier, now 4973. Gas National Average 231, it was 1. 69 on february 15th so it gained . 60 a gallon since midfebruary. Higher profits at the dollar store, Dollar General and dollar tree and both of them better profits and both moving very nicely. The cheaper stores, the discounters are doing very well indeed. I want to bring you uptodate on the Sanders Campaign, bernie adding professor cornell west and minister congressman Keith Ellison to his platform, policy drafting committee for all the democrats. Both of those people are outspoken critics of israel. Doug showing his back, former clinton advisor and supported. Those people, cornell west and Keith Ellison are extremists, vigorously antiisrael. What is bernie doing dragging the party in that direction . The best way to start, he is not a democrat, he is a socialist and clearly is not a supporter of the state of israel in the way that most jews and democrats are. Stuart they are now on that platform, the policy drafting committee, they will make their presence felt. A few problems, sustainably they are outside the mainstream. Second if secretary clinton or even joe biden is the nominee they have to run defending a platform that with those two on it will almost certainly be indefensible. Stuart in previous elections the jewish vote has gone at least 70 democrat. With these two guys on the platform drafting policy for the candidate what will be the proportion of the jewish vote the ghost of a democrat . We dont know what they are going to say. Donald trump himself has said he wanted a balanced approach. I dont want a balanced approach. I want israel to be first and foremost, stable democratic ally of the United States in the middle east. I still think democrats will win the jewish vote if only because of historical trends but it could be reduced. Stuart 70 or less. Any idea what the reaction of American Jews is to donald trump . He made a big speech, relatively well researched. We are still in a wait and see basis, where he stands on the middle east, where he stand on lots of other issues. Stuart are you shocked by cornell west and Keith Ellison . I am not shocked. It reflects Bernie Sanderss extreme ideology. He is not a man in the mainstream. I was with my tutor from oxford last night and said where was i 40 years ago . He said you were a humphrey democrat. Today i am a humphrey democrat. That is very different from them. They are way out of the mainstream. Stuart thank you very much. Reports out from the associated press, donald trump has reached the number of delegates he needs to clinch the nomination, 1237. We have more on that story after this. Its the Little Things in life that make me smile. Spending the day with my niece. I dont use super poligrip for hold, because my dentures fit well. Before those little pieces would get in between my dentures and my gum and it was uncomfortable. Even well fitting dentures let in food particles. Just a few dabs of super poligrip free is clinically proven to seal out more food particles so youre more comfortable and confident while you eat. So its not about keeping my dentures in,. I donor wonder whether i theshould seek treatment. C. I am ready. Because today theres harvoni. A revolutionary treatment for the most common type of chronic hepatitis c. Harvoni is proven to cure up to 99 of patients whove had no prior treatment. It transformed treatment as the first cure thats one pill, once a day for 12 weeks. 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Williamssonoma, upscale kitchen stuff, 40dollar spatula. That stock is down a half percentage point. All over the place today. But donald trump is going to shale country. He is speaking at a Oil Conference in north dakota. Former Shell Oil President John Hofmeister is with us. You know fracking has got to be topic number one when trump meets north dakota today, right . He has got to be in favor of fracking, surely . Well i think oil and fees production is of course number one the tool to get there is fracking properly regulated. Its a safe practice. It has been around 60 years. Fracking will be a part of oil and gas future which is critical for this countrys Domestic Energy future. When you see what is going on in the middle east. Why wouldnt we invest in our energy future. Stuart that is what i ask Hillary Clinton and Bernie Sanders, if they get rid of fracking, you dont have as much chance being energy independent, take away cheap Home Heating Oil and cheap natural gas from poor people. You dont have a leg to stand on. You depress the economy and youre exactly right. The people hurt hardest are poor and middle class which they say they support, not by their energy policy, not at all. Stuart are people like you getting together to get behind donald trump . At this stage im not personally involved because im waiting to see how the behaviors play out in the primary session. But as we move towards the general, yes im sure i will be involved one way or the other. Stuart when you say involved, i mean who will get your support . At this stage i really dont know. I have been unimpressed on both candidates so far. Bernie sanders is out on a limb be and some will cut it away. The trump idea of him behaving the way he behaves, and clinton, issues on integrity and honesty. Something has to give. Im right not category of none of the above, stuart. Stuart oil hit 50 a barrel this morning. First time it has been there a long, long time. You and i have a discussion on this. You still think oil is going higher than 50 by the end of the year . Absolutely and the reason for that, saudi arabias economy is in deep trouble. Russias economy is in deep trouble. The only cure for those two very important economies is Higher Oil Price and both sets of leaders know that. As we progress through the year, there has got to be an accommodation between the russians and the saudis on the level of production to yield a Higher Oil Price and when their production declines, in addition to the other production declines around the world, i think we will see a normalization of oil price in some somewhere between 70 and lets say 90 a barrel. I will pick it in the middle, roughly 80 a barrel. I think that is inevitable because the saudis cant continue, the russians cant continue without higher priced oil. The way they get it, cut back production, half a Million Barrels a day each. Stuart we hear you, John Hofmeister. We shall wait and see. John, thanks very much for joining us. See you again soon. Thank you. Stuart it is day two of those 15dollar per hour protests in illinois. That is what the demonstrators want, 15 bucks an hour t coincides with mcdonalds annual Shareholder Meeting just outside of chicago. Our next guest is the very familiar with the wage issue. He is chairman and ceo of bennigans and stake and ale. Always a pleasure, good to see you, stuart. Stuart the response across the rest of the world to 15 an hour page push is to automate. A lot of restaurants i go into you have a tablet, that is how you order, you dont have a wait staff. Is that what youre doing at your chains . No. I have been on record saying i will never abdicate from the Service Connection that our service, our people, provide to our guests going to a tablet. I have never seen a tablet talk about our menu. Ive never seen a tablet do a refill. I think that is the wrong direction especially for those in my category which is casual dining. Stuart what are you going to do then in your area, casual dining . If youre not going to automation, how are you going to accommodate 15 an hour, or 12 an hour, whatever it is, but a significant jump in your labor costs . It is, when you go from 7. 25 to 15 conversation that is significant increase. Anyone who puts forth a notion, we as an industry dont care about our people that make the brands come alive is ludicrous but there needs to be a very calm, very deliberate, very intelligent conversation about how to take the wage and increase it over time. But in terms of how we deal with it right now, you know, even with mcdonalds, 90 of mcdonalds is franchised. Youre talking about Small Business entrepreneurs that provide jobs to people around this country. In fact, the statistic, im not a mcdonalds spokesperson, but i can tell you this, one in eight people in United States of working age has worked at mcdonalds one time or another. So i think this move, this protest in front of mcdonalds should be a standing ovation because these people provide jobs, they provide training, they provide a start. Stuart what are you going to do, paul . They will get a start to many, many people into the business. Stuart what is bennigans growing to do . Weve already started doing. Weve been working on this, any smart operator of any brand is working on this look, you want to train your people. Stuart are you going to cult staff. You want to crosstrain your people. No. In fact we add staff in certain areas. Stuart im sorry to badger you paul, i dont mean to do this but you know, i want to know, what are you going to do . You know, well we are looking at automation as i said before. The automation is really in back of the hours to decrease the ticket time. But in terms of replacing people by robots, i think that is way out there and really should be a discussion, stuart, about whats the quid pro quo . If the unions and the governments in the states want to have this debate on higher wage, then we should also have discussion about lower corporate taxes, some incentives, some intelligent discussion how we can continue to do business because im telling you, if the smaller, more fragile businesses go out of businesses eliminates all jobs, who is the beneficiary of that . Unions that get their dues . Doesnt make any sense to me. Stuart we do hear you. We got it. Chair of bennigans. Come back soon. Thanks so much. Thanks, stuart. Stuart, checking stock market, still flat. Were down 13 points for the dow industrials. We have a couple of stocks to check individually. How about popeyes . Where are we with popeyes today . Down not very much, 29 cents. Dollar general, theyre doing well. All the Dollar Stores in general if i can put it like that, they are doing well. Abercrombie fitch, lets see them again, they are down bigtime losing even more ground. 13 lower. The retailers, all over the place these days. Market bear jeff zika is with us. I say market bear, i mean it. He is on the program frequently. You think stocks are going to go down ultimately across the board, but today you brought us two stocks which you think are going up . I want to talk specifically about netflix and disney. Stuart netflix first. First of all, netflix i think theres been this deal thats been in the making with disney that netflix would stream disney movies as an exclusive, as an exclusive service. I think this is monumental for netflix. One thing i can say i started advocating for netflix even on your show back in 2012 when the stock was 9 adjusted. Looking at it now, now that they have signed this deal with disney. Disney has about 40 of the gross of movie sales from 2010, its obvious this is going to be a major accomplishment for them, being that they are the kings of content. Stuart yeah. At netflix. You heard the speculation this morning that maybe apple wants to buy a streaming company. Right. Stuart they have got the money to buy netflix. Maybe is part of the reason why netflix is up 3 today. Right. Stuart just pure speculation though. I came out like i said in 2012 i said apple, was in article in the wall street journal and said apple should buy netflix when it was 9 split adjusted because they needed, they needed content and they needed what netflix had already achieved. Now the fact that they are maybe in fact looking at this is ironic to me considering it is significantly higher than it was but it is something that if apple is going to in any way enter this arena, they need to have and need to go after this domination. Stuart do you own apple. No. Stuart you dont . No. Stuart netflix . Yes. Clients own netflix. Stuart got it. 103 now price target . I think 105, 107, i think it has got a shot. Stuart got a shot as oppose to all the others. Jeff, thank you donald trump is in fine form in anaheim yesterday. He called mitt romney a penguin. Elizabeth warren pocahontas. Our next guest was there in the crowd. What he saw, tell us in a moment. I want to show you this. This is from a viewer from kelly , in mechanicsville, maryland. Trump yard signs covering whole stretch of highway, goes for miles. Only one bernie side and none for hillary. Maryland is one of the most democratic states. Look at the trump signs. You wouldnt order szechuan without checking the spice level. It really opens the passages. Waiter. Water. So why would you invest without checking brokercheck . Check your broker with brokercheck. Poallergies . Reather. Stuffy nose . Cant sleep . Take that. A breathe right nasal strip instantly opens your nose up to 38 more than allergy medicine alone. Shut your mouth and say goodnight, mouthbreathers. Breathe right. The usaa car buying app iwas really helpful. Aa all the information was laid out right there. It makes your life so much easier when you have to purchase a car, so ive been telling everybody. Save on your next car with usaa Car Buying Service, powered by truecar. Liz remember Varney Company starts 9 00 a. M. Eastern time. Here is what you missed last hour. Karl rove on Bernie Sanders impact on hillary in the election. Think about this. This will be the First Convention, democratic Convention Bernie Sanders has ever attended even in vermont or nationally because he never has run against a democrat. He has defeated democrats in every race he has run or been defeated by them in the case when he ran as independent for governor of vermont. So this is, you know, the fact that this 74yearold selfproclaimed democratic socialist is giving her a run for her money, today new poll out in california, 46 clinton, 44 sanders, shows, how bad a candidate she is. Is there any place more fun to be than a trump rally . [shouting] we won almost 50 in massachusetts. He has a tom brady shirt, yes tom brady loves trump. Guys says i love your hair, trump. Do you believe it . This is what i have to go through. Whether we love it or hate it is my hair. Poor mitt romney. I have a store worth more money than he is. Donald trump shouldnt run, he walks like a penguin on the stage. We will win so much you will be so disgusted with me. Stuart the news this morning, donald trump clinched republican nomination. Ap says he has got the delegates, 1237. Trump ever entertainer, held a rally in anaheim yesterday. Trump delegate from california, james lacy. He wrote the book on california and he is with us now. James, now, quickly you were there last night. 7,000 people. I was. Stuart who was in the crowd . What was the crowd makeup . Oh the crowd was absolutely tremendous. It was including a very large contingent of women who are business owners, entrepreneurs who have endorsed trump. But i saw latinos for trump. I saw Chinese Americans for trump. I saw all stripes of people. I have to tell you i saw salt. Earth, nascar type folks, very enthusiastically waving their signs. I tell yous, these are among voters who are dispossessed. Many people reflected in the audience havent voted in year, they felt the government left them. They suffered economically. Their iras have gone down, their incomes have gone down under this Obama Administration. They see hope in donald trump. This is fantastic thing to go to trump rally. Entertainment meets politics. There is nothing wrong with that. Stuart outside did you see any mexican flags being waved . I asked the question, james, ive seen the mexican flag waved freakily at antitrump rallies. I think it is best way getting support for donald trump as you can possibly imagine. Did you see any yesterday . Well, absolutely they were there. I have to say, i dont have any animus to the mexican flag. My goodness, im from southern california, and i really respect hispanic heritage. Mexicans were in california before my family was or before you set foot in San Francisco when you came to this nation but reality is, is that these are democrats that are doing these demonstrations. Theyre funded probably, by Public Employee unions. Same people i document in my book, that funded occupy movement. And theyre taking advantage, frankly of stuart did donald trump, did donald trump make a mistake calling out and opposing publicly new mexicos republican female latina governor . No i think she made a mistake in attacking trump to begin with. What is suzannas martinezs endorsement any way . She endorsed marco rubio. She went to kansas and rubio came in third in kansas. She went to florida and campaigned for marco rubio and marco rubio lost so badly that donald trump walked off with all 99 delegates. You know it is unfortunate we have governors like Suzanna Martinez who havent gotten memo that donald trump won the republican nomination. What we need for her and other people in the Republican Party to support our nominee so we can beat Hillary Clinton that is the goal. Stuart james lacy, im still dying to see if donald trump can win the state of california in the general. Well save that for another day. James lacy. I take your point. Thanks. Senator Elizabeth Warren attacks donald trump. Trump fires back. Calls her pocahontas and says she is total failure. More vann any next. Stuart im staying actually on hillarys emails. I want to bring in congressman chris stewart, republican from utah. Youre on the house intelligence committee. You saw the top secret emails on her private server. You said they were shocking and we would be shocked if we ever saw them. Now even Mainstream Media calls her actions inexcusable. Do you think she can continue as the president ial candidate . I dont know. I think she is in trouble. Your former guest said she needed an image consultant. What she may need more than that is a very food attorney. We know she didnt comply with the law. We know she didnt cooperate with the investigation in any way. Lets remember the federal records act, it is not a list of suggestions. It has the force and effect of law. And highranking officials especially have a special responsibility to comply with this law and the secretary very simply didnt. And it is not republicans making that claim. It is the Obama Administration reached that conclusion. This isnt a vast rightwing conspiracy. Secretary has so much to answer too. Stuart not a question of judgment as opposed to a legal question or political question, its a question of judgment. Are we prepared to put Hillary Clinton in the oval office when she has put the nations secrets on to a private server, lodged in her home, in chappaqua, new york . Are we prepared to accept someone with that judgment as president of the United States . I hope not. Ive been saying that for so long now. As you said, stuart, i read her emails. They are some of the most classified things ive seen in my experience in the military and on the intelligence committee. They do reveal classified sources. They do reveal human assets. They do reveal classified methods and sitting on her email in basement of her home. No one else in any position of authority really has done Something Like that before. Again this is homebrewed server they actively tried to conceal that it even existed. Stuart congressman chris stuart, thank you very much for taking time with us this morning. Good to be with you, thank you. Liz arizona border sheriff warning people who visit his county, well you better arm yourself or you could be caught in drug cartel crossfire. He joins us next hour. Were calling Hillary Clinton a flawed candidate. We have new state Department Reports slamming her use of a private email system. Judge napolitano weighs in. And 11 states suing the Obama Administration over the president s bathroom decree on transgendered individuals. The attorney general from texas, state leading the charge. It is coming up. Stuart want you to take a look at this, the french at it again. Protests in france. Looks like theyre beginning to get a little violent. What is going on here is protesters against the governments plan to make it easier to hire, im sorry, to fire french workers. Theyre on the streets. They have closed down the power stations. 40 of the gas stations in paris have no gas. Looks like it might be getting violent any moment now, certainly as nightfall begins. Well keep you uptodate what is going on in france. Look at the markets. Weve taken a leg down for the dow industrials. Right now were off 42 points, just holding right there at 17,800. That means were two unhundred points away from 18,000. Liz, you want to tell me why . Liz oil on a mini bull run right there. Were in the in between period. Who earnings to move the market higher. Market worried about fed rate hikes. Still trying to digest that in between periods. Stuart well take a 39 point loss. More protests outside of mcdonalds in chicago. Look at mcdonalds stock, not much reaction to it. Theyre the protesters. What have we got there . Liz basically what is happening here is, this is the third year in a row that mcdonalds has shut down its headquarters in the face of these protests. So, is it going to be effective . Will mcdonalds change . Mcdonalds says theyre paying workers more. Backstory here, small momandpop shops run the franchises. Not the big guys. That is the question. Stuart the backstory, robots coming to mcdonalds near you because they dont want to pay 15 bucks an hour. Got it. Next one. May be biggest ipo of a company you never heard of. U. S. Foods. Its a food distributor. It sells to restaurants and sells to institutions. It was one of the 10 Largest Private Companies in america. Today it went public. Nice pop for the stock, up 8 last count with seventeen million shares traded. Higher profits at Dollar Stores plural. People are spending more money, not call them discounters but lowpriced goods arenas. Dollar tree is up 12 . Dollar general up 4. 75 . What is going on . Liz weve seen the trend last four years. Look at Burlington Coat factory, tj maxx, marshals. These are the stocks that are moving higher. This trend is taking hold a long time. The gap, michael kors, nordstrom they have to get on the stick and they are trying to appeal to the people who are costconscious. Stuart if youre price competitive you can sell well . Liz thats correct. Stuart if youre old line Big Box Store liz tiffany. Stuart you have competition from online from nordstrom and macys you have a problem. Liz watch out. Stuart rough rule of thumb. Disney ceo bob iger has harsh words for senator Bernie Sanders after bernie claimed disney creates income inequality. Liz so here is what is happening. Top executives at disney confirming to me that, yes, bob iger went on his personal Facebook Page and blasted Bernie Sanders. Bernie sanders was in anaheim, california near disneyland saying that disney is responsible for a culture of greed, for income inequality, for rigged economy. Here you go. Here is bob iger to Bernie Sanders. We create 11,000 new jobs at disneyland and anaheim in the past decade. Our Company Created 18,000 in the u. S. This last five years. How many jobs, have you, Bernie Sanders created . What have you contributed to the u. S. Economy . So Bernie Sanders is quiet. He is silent on the Economic Growth that disney has brought to the u. S. Economy. You dont hear a word from Bernie Sanders about that. Stuart wonder how many jobs bernie has created in his 20 odd years in the senate . Liz he has been campaigning as antiestablishment figure. He has been in office since 1990. Got a lot of Big Government spending wishes he wanted. Stuart woopty doo. Hillary clinton in fight in california, dead heat with Bernie Sanders, 4644, statistically dead heat. 12 days to go before the big california primary river and Monica Crowley is here. You were the first one to say on this program, you dont think hillary is the nominee. If she loses california, i think youre right. All hell will break loose when she loses california. When the numbers came out and i spoke to doug schoen and bill clintons pollsters, he said if it is this close and trend is moving in this direction, Bernie Sanders will win california on june 7th. All bets will be off and youre right, i predicted since last august, actually that she is not going to be the nominee. And now that she is incredibly weakened at polls, thanks to Bernie Sanders, she is bleeding out politically and it makes it much easier to replace her. Stuart that poll was taken well before yesterdays email scandal, way before the viiv lens that takes place at leftist rallies these days, waving of mexican flags. I think her position in the polls might actually decline between now and juneth. Yes, i agree with that. Stuart she could lose. The most problematic scandals for any candidates are ones that reinforce a preexisting negative notion about that candidate. In Hillary Clintons case for 30 years her problem has been honesty. People perceive her as liar around untrustworthy. You have new revelations every day on email situation and Clinton Foundation. Fbi investigation is still ongoing. Associates like Terry Mcauliffe now reported to be under fbi investigation. All of this feeds into preexisting notions about her untrust court thinkness and clinton fatigue. Stuart admit it, you find it lovely. I do find it delicious. Stuart wall street journal Editorial Board Dan Henninger is here listening to this conversation. I say she is in deep trouble. I say she could lose california. If she loses california i dont think she will be the nominee. What say you . Well i think that is a plausible scenario. It is not likely, i mean the Democratic Party is locked in but i agree with monica, i think doug schoen was remarking she is at this low level in the polls right now, middle of may. Well continue to see polling. If we get up to the beginning of july and she is still sinking in those headtoheads against donald trump. Lets say she is five points behind donald trump, the democrats are going to be in a panic. They will go to that convention and i think theyre going to start thinking plan b. Ill tell you, stuart, it cant possibly be Bernie Sanders. Attacking disney . Just losing it. Stuart it is joe biden, isnt it . It could well be joe biden. Joe biden any polls get done below the surface is always way ahead of donald trump in headtoheads. Yeah, i think that is where they would go. Stuart youve been writing today about one of the themes on this program, government doesnt work. Bureaucracy is just awful. I think youre agreeing with us, arent you . Speaking of disney. I took my cue from our poor Veterans Affair secretary bob mcdonald, why should people get upset waiting in line for care at veterans hospital. It is like disney. All about long lines, basically about the experience. I said wait a minute. Long lines are a metaphor for the federal government. How about the lines at the airports a couple weeks ago, people were sleeping because they missed their planes because tsa couldnt process them. This government is getting so big and so complex it reached gridlock. It cant function. How about doddfrank . You talk about doddfrank all the time. People can not come to common understanding about the text in that 2,000 page law. The problem is, we know it is big. We know it is complex but the procedures are so complex they cant even fix manifest problems sitting in front of them. They just fester. Stuart weve known this all my life ive known the government is bureaucratic, it doesnt work, it is not efficient and you get lines but we keep going back to it. We keep thinking, oh, government is fair. Lets get political and partisan though. Hillary clinton is explicitly running making all of these agencies bigger and more complex. Her policy proposals promust be up to 2,000. You listen to debates talking about wongerry and adding on to stuff already there. Bernie, you cant think about him. Donald trump has opportunity to say here, look, folks, what theyre doing isnt working. We have to pull it back. Hillary clinton will be more of the same and the same is, the Veterans Affairs department. Stuart i think you got it. Got it right actually, henninger. Thank you. For once. Stuart youre welcome. See you next week. Check the big board, coming back a little. Were down what, 40 points as of right now. 39 to be precise. Price of oil hits a bucks a barrel earlier. Now it is on the downside, losing 24 cents. Maybe thats why, the rule is, oil up, stocks up. Oil down, stocks down. Thats what weve got today. How about netflix . It is up because there is a whole bunch of speculation about apple reportedly being interested in buying a streaming media company. Thats what netflix is. Netflix is worth 40 billion. Apple has got 200 billion cash. They could afford it. Netflixs stock is up. And now this, sheriff paul babeu, in arizona, he said there could be cartel assassinations this Holiday Weekend and he said you better be armed if you go down there. He is next. Were putting out particular advisory just with heightened threat posture that were seeing in the activity. If youre going to travel there, be armed. If youre a citizen, to be armed and do not be a victim. Protect yourself, protect your family. [ male announcer ] Tora Bora Fallujah argonne khe sanh midway dak to normandy medina ridge the chosin reservoir these are places history will never forget but more important are the faes we will always remember. Stuart we continue our coverage of breaking news from france. What youre looking at is labor protests and what these people are objecting to is the french governments plan to make it easier to fire people. Its a socialist government but they want to make it easier to fire people, the people object. Big demonstrations in france right now. I keep repeating this, 40 of the gas stations in paris have no gas because of these protests. Another story from france, mcdonalds headquarters there raided. Liz heres what is going on. The french government sent mcdonalds reported 336 milliondollar tax bill. Why . Theyre saying mcdonalds owes taxes on profits that basically is funneled through luxembourg and switzerland. So the french government doesnt like this. This comes fast on heels of tax raid of google. Stuart so the french pick on successful American Companies while their own work remembers revolting in the streets and shutting businesses down. Liz see how fast those businesses wind down there. Stuart look at this. This is disturbing and shocking. Video out of venezuela, people digging through and looking for food in a truck. This is disturbing. There is even more disturbing video will come up. What is happening here, regular people are driving on the highway, and theyre pulling over to ambush and loot a grocery truck basically to steal rice. We have another video of, too, people who are starving, ripping through garbage bags outside of restaurants and shopping malls searching for food. We have locals telling us people are starving. Theyre eating dog food. This is as middle class and entrepreneur class has been demolished with 90 tax rates. Two month state of emergency. There are fears of a news blackout. Disturbing graphic video. Watch out. People in venezuela, in caracas ripping through garrage bags outside of restaurants to get food. Stuart workers paradise. Socialism. No word from Bernie Sanders or Michael Moore or sean penn on this one. Stuart he is saying hey, carry guns, protect yourselves, because you could be caught in the crossfire of Mexican Drug Cartels. Pinnal county sheriff paul babeu i issued the warning and joining us right now. I want you to be a reporter. Youre saying there is crossfire between Cartel Gunmen and we could be in the crossfire . What is going on . Absolutely. This has been going on actually for years, stuart, with the sinaloa cartel, we heard 120,000 plus people in mexico have been killed can. Theyre not only fighting for control in territory in mexico, theyre fighting for control of territory in the United States. They say they own this part of arizona and it is kind of hard to argue this when weve arrested 21 cartel scouts in my county alone. Stuart 21 cartel scouts. That is gang members, drug cartel members. Theyre looking for victims . No in this different than a rip crew. A rip crew is ones that are armed, usually with a mask, holding up the Cartel Smugglers with the drugs to steal their drugs as they bring it into the United States. A scott, these are the ones on mountaintops in my county. My county is larger geographically than state of connecticut. Over 50, 75mile swath of territory they have scouts on high terrain points, mountains with militarygrade binoculars, with solar panels to recharge their batteries for their cell phone and encrypted radios. Basically theyre counterintelligence to cops, to law enforcement, to tell the drug loads as theyre coming up to hold up. Cops, sheriff is here or Border Patrol is here or come on through. And this is battle that were facing being fought in my county. Weve had three shootings just in the past two months in pinal county. Stuart having a go at each other . Absolutely. Stuart that happened in your county . Yes. Stuart you are the sheriff of that county right now . Yes. With Border Patrol in one case coming in on some smugglers and shot was fired at them. And in two other cases as well. Stuart tell me about the flood coming across the border in your directio youre not a border county. Youre a few miles from the border. No. Stuart but they come through you on their way north. What numbers are we talking about . It is more disturbing because were 70 miles north of the border. It is worse in my county because there are three counties south of me and all their traffic is shaped or funneled because of terrain features and interstates through my county. So weve seen 80 to 120, 30,000 illegals every year for the past three years that were appre hended. Stuart in your county, theyre funneled into your county. Correct. Stuart threw your county, between 80 and 120,000. That is the whole tucson sector this portion arizona and this is per year. Weve seen, we were talking just yesterday, 40,000 in one month across the all four southwest border states in one month. And so, weve seen massive increases. 103 increase in family units. Weve seen unaccompanied juveniles go up by 74 , just in the past five months. And i believe that whats happening is we know, because of the election, that everybody understands, get to the border and youre home free, before this election. Stuart that is what it is. Paul babeu, sheriff of pinal county. Pinal county. Stuart thats right. Sheriff, thanks for being with us. My pleasure. Stuart i have more breaking news for you. Happening thick and fast today. About the gossip side. Liz gawker, this is involving the hulk hogan suit. Gawker media is possibly putting itself up for sale. The range of prices it could be selling itself for, 50 million to 70 million. That is half of what hulk hogan was awarded, 140 million in damages. That is related to the sex tape that gawker published of hulk hogan having sex with his friends wife. Stuart the Court Awarded the plaintiff 140 million. Liz hulk hogan. Stuart hulk hogan got 140 million. Now gawker is up for sale. Liz putting it up for sale. Stuart 50 to 70 million. Liz corrects according to new york post. Stuart going out of business sale . Liz seems that way. They have hired an investment banker. Stuart 31 points lower for the dow industrials as of right now. President obama visiting hiroshima this weekend. He is there as we head into memorial day weekend. Well be back. charge music you wouldnt hire an organist without hearing them first. Charge so why would you invest without checking brokercheck . Check your broker with brokercheck. Your Car Insurance policy. You just stuck it in a drawer somewhere and forgot about it. Until a dump truck hit your pick up truck and now you need a tow truck. Does your policy cover the cost of a tow truck . Who knows . You didnt read it. You cant even find it. The Liberty Mutual app with coverage compass makes it easy to know what youre covered for and what youre not. Call Liberty Mutual for a free quote today at coverage compass gives you the policy information you need at a glance. Available 24 7 on your mobile device. Switch to Liberty Mutual and you could save up to 509. Call thats see Car Insurance in a whole new light. Liberty mutual insurance. Stuart Monica Crowley is still with us. I will talk to her what she wrote today about president obamas apology tour. He is on it. You call this tour, the lefts destructive compulsion to apologize. You say this just doesnt work when the president is over there at hiroshima on memorial day. Make your case. Yes, thank you, stuart. This is my column today in the washington times. Im writing about, the left has longheld that americas past global injustices require constant state of penitence. Obama for last seven 1 2 years has been on extended apology tour, i detailed it in the my column. He apologized to the muslim world for americas crimes of the past. Whether or not he formally apologizes tomorrow at hiroshima is beside the point. By his mere presence he is first visiting president to visit the bombing site. By his mere presence proves what he and left believes, that americas crimes make it unfit of global leadership. You see it with gutting military, all his policies fed into that leftist notion that we are not worthy of global leadership. Stuart but he is there on memorial day, memorial day weekend i should say. Which makes it even worse. By the way earlier in the week he first stopped in vietnam. He stopped short of apologizing to the vietnamese for the vietnam war but he did acknowledge american, quote, mistakes. Stuart wonder how this i suspect you might see something similar at hiroshima tomorrow. Stuart i wonder how it will be taken by the american voting public. We shall see. Thank you very much. Thank you. Stuart check that big board. This is dead flat market pretty much. Down 20 points. 17,800. Check facebook please. Oh, its a winner again. That is a very nice gain for a bigname stock, a buck 61 higher, 119. 52. 121 or 122 the alltime high. Donald trump really going after senator Elizabeth Warren with just one word and that word is pocahantas. That well explain. State department slamming Hillary Clinton over her use of a private email server. This is really big deal according to judge who is next. Thank you. Ordering chinese food is a very predictable experience. I order b14. I get b14. No surprises. Buying business internet, on the other hand, can be a roller coaster White Knuckle thrill ride. Youre promised one speed. But do you consistently get it . You do with comcast business. Its reliable. Just like kung pao fish. Thank you, ping. Reliably fast internet starts at 59. 95 a month. Comcast business. Built for business. Specially formulated with moisturizers and lubricants. Biotene can provide soothing relief and it helps keep your mouth healthy too. Biotene, for people who suffer from a dry mouth. Stuart donald trump at the podium in anaheim, california. Pocahontas, he says. A lot of people in the audience didnt know what he was talking about. Some did and kind of laughed, others looked puzzled. You can see them asking what . It was classic trump, shredding an opponent with a single word. He was going after senator Elizabeth Warren, trumps latest arch enemy. What was the pocahontas time . Trump reaches back to past scandals to make fun of presentday opponents. Elizabeth warren claimed native American Heritage that got her a job at harvard. She played the racial spoils game. Harvard claimed diversity. Arent we so progressive . A native american professor. Trouble is she is not native american. Pocahontas she is not. This goes to the heart of the progressive movement, identity politics. Vote for me because i identify with you and your struggles. As an african american, hispanic, gay or any other definable voter group. Elizabeth warren played the identity game. Unfortunately she claimed a fake native american identity. What a mess the democrats are in. Bernie sanders is a socialist. Do we want to be like sweden . Hillary clinton is not trusted and Elizabeth Warren, trumps most vigorous critic turned out to be an ethnic sheet. Joe biden. I went there. This is Ebony Williams who just listened to my rant. My rant. Have i got a point or what . That was the judge laughing, he will join us in a moment. I think i got a point here. She cheated, she played the ethnic spoils game and now she has popped up as the main critic of donald trump. She was totally not right to do that. It is bad whenever you try to take advantage of a benefit to ethnicity that you dont belong to. It is an appropriate. Come on. Donald, pocahontas, really . There was a classier way to do that but it is in tune with donalds style. Stuart he says pocahontas. What are you talking about . It is a good point you talk about when he recall the past scandal, reminded everyone of this because it was a big deal when she ran for United States senate, very salacious. I want to be clear, she didnt just get a job at harvard because she was native american, she had a good reason a resume. The fact she felt the need to go there speaks poorly about her judgment. Stuart not to mention harvard which was pleased to have such diversity. They pride themselves as the most diverse student body in the country in terms of that. Stuart absolute nonsense. It seems to me that bernie is unelectable, a socialist, hillary has such deep problems with this email scandal, Elizabeth Warren is an ethnic sheet. That is why the end of my take i said watch out, joe biden. For so long everybody in the Republican Party would think they needed a savior. I think the democrats, they need a savior. Stuart would you discount joe biden . Absolutely not. He ran into thousand 8, wasnt the final two, played victory under the radar. Everyone thinks he is a brilliant amazing walk into the oval office. Liz what about a warren ticket . I was the first to say that would be liz on the left they would be pleased. There getting what they like, someone who doesnt come with the baggage of Hillary Clinton dynasty and a fresh take from many people who are excited about a woman in the white house in some capacity. It is a winwin. Stuart despite the pocahontas label. Just a bit. Stuart despite joe bidens age and the gaffes he has made in the past you think a joe biden Elizabeth Warren ticket could win . Uncle joe, liz warren, much better prospect than bernie or hillary at this point. They are more likable. That is why a biden ticket is tougher to beat than Hillary Clinton and trump said he would rather run against hillary than bernie or joe. Stuart quiet on the set. Order, order. I want to move on. Judge napolitano good words on joe biden. Do you remember . Stuart the leader of the labor party made a speech 20 years ago, joe biden plagiarized that speech and presented it as his own if i am not mistaken. You are onset to tell us how serious the latest email problem is for hillary. Judge napolitano i think it is very serious because it undercuts a couple of her defenses. One defense was that the fbi was conducting a security review. Director comey said they were not. We now know for sure they were not. The state department was conducting the security review. Mrs. Clinton flunked it. Stuart does it make an indictment more likely . Judge napolitano it does because of this. There was an email event in which her server in her home went down and she couldnt even the state department it people said with all these government blackberries who use this, she had huma send an email to the it department which said we are not going to take the state department blackberries, freedom of information act, that shows a plan and a plotting and an intent to avoid the recording and transparency requirements of the statute so it does make it easier. Dont know if the fbi saw this email before it came out yesterday but the state department, the same state department that went after her yesterday did that in the previous revelations. Stuart there is a photo, put it up on screen, the judge brought this to our attention. It appears to show what does it show . Judge napolitano that is the log of access to the Clinton Foundation showing an instruction from executives at the Clinton Foundation to bar state Department Investigators from entering the building, this was presented a few minutes ago by matt finn in the Chicago Office to which i responded i wonder what they wanted when the fbi comes calling. That is state Department Inspector general was interested in seeing if there was a connection between mrs. Clintons decision when she was secretary of state and the Clinton Foundation and the Clinton Foundation would speak for the investigator. Remember mrs. Clinton saying i will talk to anybody at any time . I will have my aids, she refused to be interviewed by the state Department Investigator, instructed her aides not to interview with the state Department Investigator and we know she has a Family Foundation teresa moves is refused to be stuart all morning we have been saying judge napolitano something she can hide if she has a problem in california . Stuart all morning long we have been asking can she still be a legitimate Democratic Party nominee . Judge napolitano i agree with the consensus articulated first by our colleagues, a stronger candidate i dont know what the democrats will do. She was only 3 points away from bernie in california. Devastating news for her at the worst possible time. Stuart that is correct. Thank you very much. Check the big board, it is a no go market, we are going nowhere, we are two hours into the session and down 17 points. The price of apple stock is below 100 a share down fractionally this morning. That is apple for you. Those protests in france, labor protests, doesnt look like much action. Nice shot of paris. Liz they had water cannons. Stuart showing water cannon and tear gas. 11 states filing lawsuits against the transgender bathroom decree. The Texas Attorney general leading the charge, joins us in a moment. No one surface. No one speed. No one way of driving on each and every road. But there is one car that can conquer them all. The mercedesbenz cclass. Five driving modes let you customize the steering, shift points, and suspension to fit the mood youre in. And the road youre on. The 2016 cclass. Lease the c300 for 359 a month at your local mercedesbenz dealer. Nicole i am nicole pedallides, Dow Jones Industrial average down 19 points, back to back doubledigit gains. Right now the tao is down 16, the s p down fractionally, nasdaq still down, it is a winning week on wall street. Look at your tao winners and losers up two thirds to the downside, Goldman Sachs and dupont lagan, verizon, walmart, winners. And here we go with the ipo here, the initial Public Offering 7 , 2457, 23 ipo and we keep a keen eye on retailers with a mixed bag, dollar tree hit a new high, burlington factory also a story and the parent of calvin klein a winner. Start your day on foxbusiness at 5 00 am. Stuart still a pretty flat market down 20. Pretty much flat on the price of oil, around 49 a barrel, up 0. 07. Not much action. Individual stocks are moving. Burlington stores otherwise known as Burlington Coat factory, big gain, profit is up half, stock is up 7 . How about costco . That is a mover today, that stock is up 5 . Bigname stock up big. Amazon another winner today, 714 is the price, i believe 7 22 was the alltime high, that is pretty close. Facebook moving closely, a gain of 1. 79, almost back up for facebook, netflix 102 a share, about a 2 gain. All kinds of speculation apple wants to buy a streaming company. Netflix is a streaming company and apple could afford them, up 2 . The ap reports donald trump reached the magic number 1237 delegates. This is a moment in politics. Who would have thought donald trump nailed the republican nomination but the democrats are all over the place. This is the most astonishing political story of my lifetime. Donald trump, the ultimate outsider who has broken every political rule, every bit of political gravity you can imagine. He closed the republican nomination today. Who would have thought the republicans would have the nominee at the end of may and the democrats do not . Stuart let me blow your horn. You came out with that story many years ago that Hillary Clinton would not make it to the democratic nomination. That went to the top of the drudge report. Within two days they were running reports that joe biden was meeting with Elizabeth Warren and that was your story too. I wrote my column laying out my theory that it was barack obama who was interested in taking mrs. Clinton out by the fbi investigation. I laid it out and i said the democratic ticket will be joe biden and Elizabeth Warren because warren takes claire of annoyed woman, assuming she bites the dust and Bernie Sanders far left. It would be an ideal ticket for the democrats. Within 48 hours of hitting drudge, drudge had a new headline with Elizabeth Warren. Perhaps i had a hand in that. Stuart hillarys latest problems, the email problem yesterday, bernie moving even further left, confirmed socialist. That does raise the specter of democrats in revolt against those candidates, uncle joe, save us please. The key point is joe bryden would enter the race as a white knight, pristine. More importantly he would look like the reasonable adult in the room after the craziness surrounding donald trump, the craziness surrounding Hillary Clinton. He comes in as the responsible mature guy who is going to calm down the situation and that is a powerful thing to a lot of voters including a lot of voters on the democratic side, a lot of independents too. That is why i said run against joe biden is tougher than running against Hillary Clinton. Stuart it is fascinating. I keep going who would have thought . More drama to come. Stuart the bathroom issue. 11 states are filing lawsuits against the administrations transgender bathroom directive that the students must be able to use the bathroom of the gender that they choose, the they identify with. Texas attorney general ken paxton is leading this and he joins us now. Welcome to the program. Good to have you with us. I want to make sure we have this right. Does the Obama Administration want to make it so that any child in school can go to any bathroom of their choice at any age and into the showers or the changing rooms . Is it like that . No. You have it right. Including school trips where you might have male and female separated, somebody can decide if they are female for the day and stay in a different room. It is pretty broad policy affecting millions of schoolchildren around the country. Stuart your objection in legal terms is the federal government has no business telling the state how to run bathroom policy in schools. Is that the gist of your lawsuit . That is part of the just. The other is the president doesnt have the authority to change like, it is up to congress. There has been debate about this for years. Some congressman tried to change this. It never happened but it cannot be changed unilaterally by the president. Stuart why is president obama doing this . It would seem to be wildly unpopular with most parents and i certainly know i dont understand this big push. I agree. The solution in search of a problem. I have met with hundred parents trying to implement this policy and i can tell you across is all economic lines, cultural lines, they are opposed to this because they are worried about the safety and wellbeing of their children. Stuart if i oppose it, if i say no, i dont want my children or grandchildren doing this or having this option in front of them am i a big it . I think that is what they are going to call me. They may but for School Districts and children, they are threatening to take away funding for schools that dont change their policies. It has a huge impact on the education of our children. Stuart can you hold it up as it winds its way through the courts . Do we not have to obey this edict as it goes through the courts . So often with the Obama Administration they will change the law and we fight for three years and win but by the time we when everybody has adopted the policy so we are trying to get a pulmonary injunction which means we want to stop it from being a committed now, so schools are free to continue policies as we fight it out with the Obama Administration whether it is done or legal. Stuart attorney general, thank you very much for joining us. Come back because we want to know the progress on this. We really want to know. Look at los angeles airport, lax, watch out, there is a computer glitch, 50 airports affected, you can expect cancellations and delays around the country because of what is happening with computers at lax. This is a developing story, very important on top of those dreadful lines at tsa right before the memorial Holiday Weekend. I feel for you folks. Check the big board, we are down 32 points, not that much movement, 178 is where we are. The california highspeed rail, the bullet train is a fast train to fiscal ruin in california and elsewhere, so says our next guest, National Review coming up. A great part of using the usaa Car Buying Service was seeing the different discounts. It had like a manufacturer discount, it had a usaa member discount. All of them were already built in to the low price. I know that i got a better deal than i would have on my own. Usaa Car Buying Service, powered by truecar. When you cook with incredible tokyostingredients. Les. You make incredible meals. Fresh ingredients, stepbystep recipies, delivered to your door for less than nine dollars a meal. Get your first two meals free at blueapron. Com cook. Your Car Insurance policy. You just stuck it in a drawer somewhere and forgot about it. Until a dump truck hit your pick up truck and now you need a tow truck. Does your policy cover the cost of a tow truck . Who knows . You didnt read it. You cant even find it. 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It was the train from nowhere to nowhere. And will that section of the train be built . They are just starting to sees the land using eminent domain. They put enough money into it to say you cant stop now. Stuart there is no way the state could afford it. It would be ruinous. Same in texas which the next bullet train. Stuart they have trains in texas. It can send a bullet train though it is 50 years old technology, from dallas to houston in 2 hours and 30 minutes, basically making it the same as the plane given transit time. For 10 billiondollar project, they are talking about federal loans, and the Obama Administration cabinet officer to talk about the federal government to loan them the money. Stuart you dont think either train will be built . The federal government used some seed money, and what elon musk is talking about would be taking passengers 700 miles an hour through a vacuum tube. And change the shape of transportation in the country, the enormous infrastructure, not much time saving, there is one advantage, you dont need a lot to build on the ground other than an airport because planes use the air. Stuart you dont think the bullet train will ultimately be built . No. We could waste a lot of money. And they cant stop. We have more varney for you after this. Stuart time for monica to tell me the most interesting story of the day. A very clinton looks like she is going down in flames. If she loses california on june 7th all bets are off. The other story is disturbing today, what Elizabeth Mcdonald reported about venezuela. The crown jewel of socialism, there is no toilet paper, no food, no starving in the streets, this is what socialism and communism reeks. This is what the millennials need to understand. Stuart neil cavuto, it is yours, take it away. Neil more on that story, thank you very much, i am neil cavuto. It is really the worst of the worst, take a look at these protests that are going on in chicago, the chicago area for higher minimum wage but linking them to something down south, in venezuela, demands for more assuming you could get more and not have a come out of your i, linked in a weird way. Sometimes you run out of money. Sometimes you run out of people who will pay the money. Sometimes you just