Transcripts For FBC Varney Company 20160616

Watch out below, investors. Yes, and then theres disney. Today, it opened its new park in shanghai, but its overshadowed by the death of a toddler at disney world after an alligator attack. The finger pointing has begun. What a day. Varney company is about to begin. Oh, dont like the look of this. Watch out, everybody, stocks are going to be lower today after janet yellen and company leave Interest Rates unchanged. Im saying the Central Banks of the world are out of options, theyve become powerless, theyre floundering. Stocks on track for their sixth losing day in a row in the United States. Now, here it may be the key number of the day. This is yield on the 10year treasury, thats near a 10year low. Look, theres unease over britains vote on leaving the European Union. Theres unease over central bankers, unease about a global recession, you add it up, rates down, stocks down. Price of oil is down, too, way down at 47 per barrel as of now and edging lower. The winner this morning is gold, above 1300 an ounce. Gold is a barometer of trouble, its up, not good unless youve invested in it, 24 higher. Were talking disney, theyve opened their first theme park in china, shanghai, 5 1 2 billion dollar, the biggest disney overseas investment. Bob iger on the left of the screen he was there. Ashley, now what im leading to there. Theres a dark cloud over the company in the alligator attack. Ashley fingers are starting to be pointed. In particular this lagoon where this twoyearold lane graves was snatched and drown, the question is there are signs that says no swimming, fair enough. There are no mention of alligators and danger of alligators. Disney hasnt said much except were examining all of our procedures thoroughly. Whats come to light, the fish, wildlife and Parks Department say we routinely remove alligators from the area. While they were looking for the little boy, they found five alligators and video posted showing people who stayed at the hotel and pictures of the gator swimming around in this lagoon. The question is, they knew the gators were there, why wasnt there some sort of warning alerting people to the possibility there are alligators. Stuart let me briefly say, i spent timewith my children on that beach we showed, right there. Ive been there. My little toddlers when they were very young were paddling around the same thing. Just like the little boy. Stuart we never ever thought of alligators. Its disney. Ashley the question remains, should there be signs saying warning liz a third of disney sales comes from theme parks and resorts. Stuart bad news. All right. And when we look at whole foods, the stock. The fda says it found Serious Health and safety violation ins massachusetts one that supplied the entire region with food. Dangerous unsanitary conditions. The stock is going to be down a little today. It was way down yesterday. Now what . Whole foods is now in a battle with federal inspectors because when this first came out the inspectors went to this facility in massachusetts. It prepares ways to eat products for the mainly the northeast. Dripping with an earth in the dripping water, not enough hot water in the sinks and packaging. Whole foods says weve taken care of everything you pointed out and why do you continue to hound us . The fda says not enough. You have until the end of the month or else were going to take further action. Stuart im going to show you the what i think is the number of the day. The interest you receive on 10year treasure. Steve moore is with us. I that i that yelle has painted herself in the corner and theyve failed to produce growth around the world. Youre exactly right. You used the word powerless. I would say the Central Banks are impotent. They dont have anything left to shoot at this slow growth, world recession. Its not really a recession, but its just slagging along now. Weve got seven years now of near zero Interest Rates and what ive been saying so consistently on your show for the last couple of years, i think its more true today than ever, is Monetary Policy isnt going to solve the problem. Stuart right. We have got to deal with the tax issue, weve got to deal with energy, deal with regulation. When you do this all the time on your show, when you talk to the businessmen and women who run these Great Companies . What do they tell you . Its a regulatory tax burden thats strangli straggling and t doing anything. Stuart Bernie Sanders, all of a sudden out of the picture. He has a live stream to the supporters today, lets see if hes staying in the race or not. My question to you, has he had with his presence in this race and recent presence, has he had any influence on hillarys economic platform. I dont think theres any question about that. She has shifted, hillary, so far to the left from where she started. The question is whether she can pull this off. Can she now pivot back and renounce the things that she was saying three, four, five, six months ago . She is now in favor of a higher Capital Gains tax. She wants to raise tax rates at a time when we should be lowering them. Shes come out against fracking, against the oil and Gas Development that we need and all of that was basically to try to win back those left wing voters and win the democratic primary. If she can do this pivot. It will be an amazing houdini act. Shes trying, shes already trying to do that, but youve got her on tape, im against fracking, i want to raise taxes, i want to have trillion dollars of new spending, very difficult pivot here, well see if she can pull that off. Stuart steve, i think were all in trouble. If thats the policy of the democrat candidate and the Central Banks in america and around the world have run out of options, weve got six months to go before we have the slightest possibility of a change in our tax laws and i think were in trouble. Last word to you. I agree with you. Look, im a trump advisor so im a little biased here. What does hillary ill ask all three of you. What is hillary going to do different from barack obama. Stuart the answer is nothing. Even though janet yellen said helicopter money, meaning a tax cut. Look what bill clinton did, he promised tax cut to child credit, youll see tiny things, incremental. I hold out some hope if hillary were elected president , i dont think she will be and i dont want her to be, maybe we could get some Corporate Tax reform, those low hanging fruit. Stuart no, across the board tax cuts for individuals and corporations. Of course, i want that. Thats the trump plan. Were going to 15 on corporations, 15 on small businesses, you want a stimulus, 15 . Stuart youre preaching the choir. And donald trump, a question for you, he is looking for a win on guns. He says he is open to nofly no buy. That means, if youre on a nofly list, you cant buy a gun or at least you have to wait forever to buy the guns. Here is eboni kay williams. Im very happy. Stuart im saying that maybe trump could win this one. If he could persuade the n. R. A. To go with nofly, no buy. Look at it. This is how we govern, we find the common ground. Because on the gun issue, wide Broad Spectrum between the far right and far left. Donald trump is doing something smart, hes finding a little in the middle. And this is where youve got a texas senator talking nofly no buy. And feinstein in california, hers is more aggressive. If um interest p can be the bargainer or conductor of this deal thats very much of a demonstration of his ability to govern. Stuart he bends a little. Sure. Stuart hes bending in the direction of what i would call mainstream establishment republicans. That helps him. Its not new. Hes been talking about his openness to this since San Bernardino. And now hes got leverage because of the unfortunate incidents in orlando. Id like to see him not be demonized around his efforts to do something thats forward and progressive. Stuart im shocked. I love it when youre shocked. So much fun. [laughter] i know youre i thought you would lean a little towards hillary. Look, i mean. Stuart on the issue. Im surprised to hear youre leaning towards trump . No, i take great issue with secretary clinton so, no, but theyre actually not their positions on the issues are not that different. Hillary clinton and donald trump said they want to explore this and even the n. R. A. Tweeted out. N. R. A. Endorsed trump, their candidate, they said she dont believe in guns for terrorists. Im an officer of the court i respect that and we need to do that the right way, but its an opportunity for governing and i like that. Stuart its fascinating, i think that donald trump had a rotten week, maybe the end of the week hell turn up better. I dont want to say this because your mom is watching and a trump supporter. My mom gets to me every day, anytime she hears me say any little thing on trump, shes a supporter. Stuart the u. S. Open Golf Championship has already teed off at oakhurst, i believe, in West Virginia. We have some odds, what are the odds on the various golfers. Ashley yeah, i have them. Let me show them to you. Who do you think is the well not odds on, but the favorite . Take a guess, the worlds number one right now. Australian jason day. Stuart is he the favorite . 132 at this point. Stuart 6 1 2 to 1. Ashley were followed by rory mci will roy 71. Look at that. Stuart i think ive got an update here. Breaking news on the crash. Just come odds. Ashley search teams have found the cockpit voice recorder from that crash, egyptair plane, they found the debris about 12 hours ago, 10,000 feet down in the Eastern Mediterranean and now they should be able to get good clues what happened liz thats a prize. Stuart get some answers. Good stuff. Look whats going on in the markets, folks, you might not like this, were going to be down at the opening bell, 8 o, maybe 90 points. Interest rates way down today. Were looking at 1. 56 , on the 10year treasury. Yelle, my point of view, janet yellen has tried everything and we still dont have real growth in our economy. Look at gold, 25 higher, 2 , thats a twoyear high. Flight to safety. How about walmart laying off some of its white collar staff and some of them will be replaced with money counting machines. The market probably likes that. And how about this . The fda approving a new watch this, a new weight loss device, it actually pumps partially digested food out of your stomach and directly into the toilet. Were all over this one. And the orlando terrorist posting on facebook during the attacks. And theyre under fire for not doing more. This is my retirement. Retiring retired tires. And i never get tired of it. Are you entirely prepared to retire . Plan your never tiring retiring retired tires retirement with e trade. Im in vests and as a vested investor in vests i invest with e trade, where investors can investigate and invest in vests. Or not in vests. Sign up at etrade. Com and get up to six hundred dollars. Live pictures coming to us of a wildfire in galeta, California North of los angeles. The big deal here is not the extent of the fire or the damage, but the fact that the highway, 101, has been closed. Thats called a freeway in california. You close 101 and you cause, shall we say, serious disruption. Thats why we bring you this. Jason beardsley is with us. Hes a counterterrorism guy and ive got a key question for him. Welcome back, good to see you again. Thanks, stuart. Stuart now, look, why cant we get the social Media Companies to block these posts that are made by terrorists, encouraging more terror . Is there something i dont know that stops the facebooks of this world from imposing that kind of block . Stuart, its a great question. I think we have to first look at what the president s rules are. Yeah, facebook, google, they can all do this. The problem is, theyre relying on words in order to make these effective, well call them algorithms. Thats what the president has done. By counter the words, were he eliminating from Law Enforcement, Police Officers and military so they cant focus on the words used by jihadists. Even if facebook does it, google does it, its not going to be effective until the president actually decides to change the rules and let these Police Officers, let the Law Enforcement officials go after people for specific granular detailed words. Stuart i got your point, but i want to know why the facebooks of the world dont do it. Im told you cannot post a picture of a topless woman on facebook, youre blocked in some way, youre blocked against the algorithms that call for blockage. Why cant they do something similar with isis and propaganda. First and foremost, they would have to target population sets or types of activities, theyre not comfortable blocking. This is Political Correctness gone wild. For going after people for words theyre using and thats why they cant do it. Its common sense to us, but for these people its about violating other peoples rights. Stuart ive got breaking news from britain. A member of parliament, a labor member of parliament, jo cox is her name, shot in west yorkshire. Reports shes a 41yearold member of parliament, shot and stabbed. Ashley in yorkshire, a short time ago, she was shot and bed bleeding on the pavement. She had just been in a local library to meet with local constituents. She was taken over to by air ambulance to a hospital in leeds. 41yearold labor party navy seals are reporting a man has reportedly been stabbed. She was just elected last year. Stuart there is significance here, the british vote whether or not to leave europe. Thats a very big vote. The fact that this shooting occurred one week bhf the event, before the vote, that has significance and remember, the report is that she was shot. Ashley guns are just not a part of the culture in the u. K. Stuart you cant own a handgun in britain, not allowed to liz theres no word on the suspect yet. Ashley nothing. We do know that there are armed police now staged outside the hospital, which is very unusual for the u. K. This kind of incident. Stuart and justin beardsley, jason, im sorry, you just heard this report. Im n im not going to speculate who did it, but a, its a member of the parliament, b, this person is shot in a country where handguns are not allowed and c, theres a vote to leave the European Union by the brits one week from today. What do you say . Once again, we come back to a behavioral thing. Weve talked about Political Correctness before. Our law enforpt cant identify the behavior upfront because we dont want to profile. Well, profiling is exactly one of those tools were going to need to effectively prevent violent extremism ahead of time. So youre talking about the algorithm and we had a pair of French Police killed the other night and word to belgium people are going to attack at some point. Eu. Cut the handcuffs off. Let them go after the enemy they know. We ought to let our investigators get on that side thats the United States. Youre looking at a picture. Jo cox, a female Labor Party Member of parliament. On the righthand side of the screen, thats the scene of the crime. Ashley an eyewitness says he saw a man wearing a dirty white baseball cap started jostling with someone and then shot the lawmaker from between two cars. The eyewitness says it looked like a gun not like something youd see today, Something Like from the first world war. A handmade gun liz looks like he may have been scuffling with another man, not sure, its a fast moving story. Stuart were not jumping to conclusions. No. Stuart it looks like its a street crime, and sky news reports she had been stabbed as well. She was rushed by air ambulance to the hospital. What strikes me, you cant have a gun in england. Im not making that point. When you hear someone from parliament is shot where guns are not allowed israel will we and the brexit, hate to use that word. The british exit vote, that this thing would happen. We will get more on what eyewitnesses saw and keep you uptodate on that one. The price of gold, about the only item that is up. Oil is down, stocks down, Interest Rates. The price of gold up, a twoyear high. President obama is rushing 10,000 Syrian Refugees into the United States. The cost of resettling price comes in at 644 Million Dollars over five years. Eboni, im trying to do the math. 10,000 comes in and we have to spend about 130 million a year for five years to resettle just 10,000 people. Its a lot. Thats insane. In the middle east eastern refugees for some reason, because they are immediately afforded just insane amounts of wealth when they get here. Stuart refugee status. They get welfare that some of our residents dont have. Im disturbed by the president s timeline, be done in october and november than in a right and cost efficient way. Stuart astonishing he should rush these people into our country. Do this slow and right if youre going to do it instead of fast and wrong. Stuart going against donald trump who says no, youre not coming in period. Major beef between president obama and mr. Trump, perhaps its a strongarming. Stuart and Hillary Clinton should be asked about this. You know, prior estimate was 20,000 for refugees. This triples that. And i cant do it the math, but. Ashley too early. Stuart 644 million over five years. Its a lot of money. 54,000 each. Food stamps and cash benefits. And some say thats low disney is opening up their park in shanghai after the attacks. The stock price, i dont want to be crasash and bring you the stock price like this, but its up. And futures, were down 80 odd points at the owing bell. Youll watch your money go down a little. Five minutes. Before the market opens renewed this is the lady on the left, jo cox, labour member of parliament shot and stabbed in north of england. We do not know any motivation for the shooter appeared we simply do not know at this time but it is significant. A gun was used in a country where guns are not allowed in the vote next week, next thursday on whether britain leads the European Union. That shooting them up could be connected. Ashley said to be in serious condition. Stuart we are almost at 9 30 this morning. The opening bell has rung. Training has begun and we expect to open straight down. Yes we are. 50 points lower in the very, very early going. If we close lower it will be six Straight Days of losses. The dow is now at 61. How about the s p 500 . This is a broadbased index spirit i have hundreds stocks in the index and it is down eight points. Not a lot, but it is down again. Gold however on the upside. Twentyfour dollars higher is about 1300 bucks an ounce, 2 higher. That i believe is a twoyear high for gold. We got a graphic which shows all 30 of the dows dogs. When we show i it to you, you wl see some are red and the mark dream. If it activated yet . That is a market picture. All the red stuff is going down. Only to an agreement going up and one is basically colorless, and means it is unchanged. Running 68 points down one minute into the trading session. Ashley is here come the list is here and so is todd horovitz. My main point today looking at the downside market is that the Federal Reserve has run out of options. Central bankers around the world have played all their cards and we still have no growth. Dr, to you first. Where am i going wrong . You are right about no growth. It has given us a stagnation. Not stagflation. It has given us a market that has been buoyed and has not gotten any road so i cant go any higher. They keep it from going any lower for the short time being. You are spot on. Stuart i dont like the look of this. Were not going to raise rates in the market goes down. The fed is clueless. They lost their mind. They have no cards to play except they could go lower, which is why you see a spike in gold right now. In play is more quantitative easing because now the dollar i think that is where they will go next. Their so totally lost that theyve destroyed everything in the library, not the real business world. Liz it is striking that fed chairman janet yellen say maybe we should have been doing tax cut. Ashley it shows how clueless they are. Stuart ive got to discuss this. You think americas Federal Reserve will couldnt make it Interest Rates were you pay the bank . For the first time ever, the bond would get negative. Another huge economy we never thought would happen. Stuart the fed is powerless. You would say its clueless. I think central bankers around the world have lost control. I think they are in collusion. I think they are together. All of a sudden the currency became worth a billion. Everyone elses currency went down. All of a sudden the dollar should not be rallying today. Stuart it is not working. Can we get, please . Is this just global irony is that bbravo thats nearly 2 today . I believe it is more that Interest Rates will be and they are in the negative rate would obviously spy gold. This is mark currency player than a fairplay. Stuart disney. Dark cloud hanging over the company and the stock. The alligator attack of course. What you look at now is the opening of disneys new park in shanghai. This is a 5. 5 billion investment from a disneys biggest investment overseas. Robert iker, ceo was there for the opening of that was the vice premier of china. They push into china. Would you buy forget the alligator attack and all thats happened in orlando. Look at the stock at 97 when they open the brandnew carpet access to 300 Million People. I think after the pullback was gotten after the star wars bubble and listless as good number that she gave us this morning, a third of revenues come and theme parks. 330 Million People within a threehour train ride or car ride of this one park. Ashley can you imagine how long the lines are. Stuart the average wait time today when they opened was two hours. A twohour wait to get into the place. Liz they may make movies in china. Thats what they are talking about as well. Tree into all kinds of products. Ashley well put. Stuart movie not, walmart replacing wellpaid whitecollar jobs with chains. Several hundred stories will use machines to count money instead of human beings. Liz one robot per three workers per store. They make less in the way of error spirit that is the back story for fast food as well. Less errors with robots. Ashley they are using machines but also going back to the Central Office to do the racing and accounting, which makes sense. Stuart i wouldve thought the investors wouldve like this. If its cheaper and more efficient. 1500 whitecollar workers being replaced. Perhaps that lower they are going to go to robots above this minimum wage. Stuart the writing is on the wall. It is. Nicknames. Check them every day. Starting with amazon. 714 on amazon today. Look at macys. Either way, to strike at the big store in manhattan has been averted reached a tentative agreement about medical costs. 32 bucks a share. It hit 30 the other day. Facebook stock. We watch it every day down to 113 per share writedown. Another big game. Kroger, the supermarket people. 2700 Grocery Stores across the country. 35 states. The call, whats the story . 2 . When you talk about kroger, they had lower cost and some good sales numbers. As a result, this is the winner. Their costs fell and they did better with prop it up about 10 cents. Total sales up 5 . Under their umbrella institutes for less. I also want to take a quick workout friday, which they came out with disappointing earnings and sales results. I was under a little bit of pressure. Stuart now, look at whole foods. We brought you this story yesterday. Some food items exposed to condensation from leaky ceiling vent pipes. Food prep sites not sanitized. That was yesterdays story and the stock went down. Today is down a bit more. Ashley at whole foods as weve made the necessary changes to bring us up to code. We accept what youre saying. The fda says youre not doing enough. You have until the end of this month to get your act together otherwise they will be more. Stuart thats a 5 loss for whole foods this week. That is a giant company. Trade for whole foods tested positive for listeria. A chain looking to cause more further items to have these problems is a real image issue for that stop. Stuart it is a pr problem. Goldman sachs has come out and said the british pound, the currency, to pound a week and 11 if the break leave europe. Ashley they also say the euro will fall 4 . Lets not forget earlier in the year sterling is going to drop 15 to 20 . They have no clue. Certainly there will be some volatility. They say who benefits from this committee again, the swiss franc in the u. S. Dollar. Stuart i think they are trying to fight triteness. Please dont think about what will happen. It will be awful. I think they are just trying to buy some said they are telling us it will go down. This is not old. Stuart youre a conspiracy theorist. I traded directly against those guys. They have won byron one side one byron one side and a big seller on the other side. Stuart now wait, you are saying they took liberally pushed the pound down, raising fears about the british exit in europe deliberately . Is a very good chance because they are a buyer. When i said oil was going to 20, they were buyers. Look at when they just had faq they are short. This is hussein. This happens every day. Transfer the same thing happened when the british that we both not join the euro. In armageddon. It was the same thing and it didnt happen. Stuart i want the bricks to leave europe. I want our sovereignty. I want control of immigration. I dont want britain to be part of this liberal socialist democracy that theyve got going. You are not. What a pound brought down if they leave . Of course it would temporarily. But they have Economic Issues . In the long run i think it would take the u. K. Liz how long has Great Britain democrats as a country . Just as a country. Stuart there was a regrettable in the neck couple hundred years ago. Stuart last year americas most generous year after her. This is according to usa today. Charitable donations had a record for the second year in a row estimated at 373 billion. Even the charity. Trend for two years in a row. Very generous. The majority individual giving. What is happening here they are saying that this is that the rate of every month outstripping u. S. Economic growth. They havent seen that ever. It shows the pace of giving and how generous america is. Liz to pay my fair share to the government, we americans are so extraordinarily generous in their private giving. Answer me that one. Rhetorical question. Is one of the Great Questions because as americans that shows their assigned of those whom much has been given. We are meeting not calling for the government to say that is handled by is the great misappropriation of american spirit. Liz 265 million for individuals. Stuart thank you very much. Weve got to break away because weve got an arrest in the shooting of the british ashley a 52yearold man has been arrested in the area. We dont know anything else other than the person on the bus, labour mp joe cox 41 years old reportedly shot and stabbed in the community that she represents after meeting with constituents earlier at a local library. She was airlifted to a nearby hospital to be in Critical Condition calling her injuries extremely serious. Stuart very significant year in several areas in the first of all about one week today on whether or not britain leads the European Union. When you have an event like this, you tend him, is the shooting in any way connected to the vote . I dont know whether it is or not. Transport will be the impact on the people of britain . Very true. Also the lady was shot. As ive explained many times, you are not a right to own a handgun. If youre a farmer you can shoot her man. You cant have a handgun. You are not allowed. Nobody. And yet this lady was shot in the streets of west yorkshire. The person arrested 52 years old, a man we know nothing else. Ashley that is all they are saying at this point. Stuart more breaking news this morning. That is a lockbox, the black box voice recorder from the crashed egyptair flight has been relocated. So now we look at and serious answers to what happened. Liz this is what is key. The memory unit is safe. In other words, even though the voice recorder was damaged, they are able to pull data and salvage data out of the memory unit of the black box. That is key to find out what caused the crash. Stuart thats an interesting update on what may have been a terror in event in egypt air. We dont know, but it may have been in that its a speculation. We also have the shooting of the Labour Parliament of britain. Im not going to speculate on whether it care or not. Especially at this time in britain. All of this in a moment. Right now looking at the big word. We have a selloff on our hands. Its not huge, but we are down 100 points. That takes the dow down to 17. 5. A new report finds the Clinton Foundation received a huge sum of money from saudi arabia and other foreign. Ashley at 17. 7 million from the years 2010 to 2013. Coincidentally the same years Hillary Clinton was secretary of state. 17. 7 million. Stuart while she was secretary of state. Transfer the Clinton Foundation wont be transparent about this money yet. Ashley it was filed at eight very obscured new york state building. Stuart a lot of talk following orlando about the Assault Rifle and whether it should be banned. Our next guest has written what he says is one of his most powerful Opinion Pieces is about why he will always protect the rights of the Second Amendment. You know who it is. Judge Andrew Napolitano. Its in the Washington Times today. An editorial piece. You are gung ho for no gun control Second Amendment rights. Iem. The argument is we know from all of these tragedies, newtown, aurora, columbine, San Bernardino and now orlando, theyll have it in the same place for the government prohibits handguns. The government calls these areas gun free zones. Because they kill people like fish in a barrel. They know they are not going to meet any resistance until the police arrived. The police cant be there everywhere. The police get there after the slaughter happens. Stuart at its stuart at a small stuart at its moment in time, less than a week after deer than the outrage comment that democrats have very successfully moved the needle on the discussion towards progun control. You are right. Its always dangerous for people to tinker with constitutional liberties. Its especially dangerous when people are enraged or grouping as much of the country is now. We are all grieving over what happened in orlando. Many things happen in orlando which were tragic this week. We were just talking about the tragedy in the nightclub. Think of it this way. The Second Amendment was written to protect this right. It is a natural right to self defense. It is expressly protect it in the constitution. The Supreme Court has put it in the same category as speech, press, travel and privacy. The government has no business tampering with it for any reason. Here is the argument made last night. I listen to much of the debate. Sorry to say one of the debaters is a dear friend of mine and our home state senator. Stuart you are talking about the debate on the senate floor. They will be about at some point and the republicans have agreed to it on the nofly, no buy. The that the problem. Its a catchy phrase that people like it. It does seem funny phrase. So i ask you and i would ask anyone, how you get on the nofly list for the terror watch list . They can answer that. What are the standards for putting people on the nofly or terror watch list . They can. Because the government wont reveal it. So you have a bureaucrat for someone or something in the government putting you on a lift and when youre on the list he is their constitutional liberty. That is called totalitarianism. If the government wants to take a gun away from someone because they believe they dont have to use it, they have to bring an action and let the person defend them selves. Mysterious body putting someone on the list and because you are on the list uses your constitutionally protected freedom, profoundly unamerican. Stuart we hear you. Well spoken. The dow industrials at a new low. Up 116, 117 points. Interest rates have dropped to 1. 53 . Thats important for the 10 year treasury yield. The u. S. Opepen authority startd is being held at one of the most difficult courses in the country. Where is it . We will find out. Where is that . Pennsylvania or West Virginia . Pennsylvania. Ashley we are just testing our viewers. 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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 latest on this. British Labour Party Member of parliament joe cox, the lady on the left shot and stabbed on the street in north york shire. Ashley police saying she is in Critical Condition after receiving very serious injuries, shot and stabbed at the 2yearold man is in custody. That is always now. There is a report and i have to caution that this has not been verified, but the man shouted britains first at some point before attacking the labour mp. Another bystander was slightly injured as well. Stuart that is appalling because the British Labour member of parliament wouldve been in favor of britons staying in europe if that report is accurate. Stuart thats just one account. Stuart martha comes in. Check debate word. The low of the day down 126 points. Here is the big number of the day, perhaps the most important. 1. 53 of the entries that you receive if you buy a 10 year treasury bond. That is an historic low. It is certainly a threeyear low. It speaks volumes about the state of americas economy and the Global Economy and what the Federal Reserve is doing about it. The latest and perhaps the craziest way to lose weight is a new device that pumps the food right out of your stomach. It goes into the tube and straight into the toilet. Weve got it all on the show. Fox news medical 18. Dr. Marc siegel, you are here. Let me get this right. The tube goes down into your stomach. Even what you like. Another tube goes out of your stomach, out of your body straight to the toilet. E. What you like, goes down and out before it makes you. Except you have to do it yourself. A surgeon puts it into your stomach, 15 minute procedure and you have the ability to fill up a two and empty it. The advantage would be you could eat whatever you want versus a lot and wear that tie rubber band around your stomach. I have one experience with a patient who tragically was unable to repay one timer that inhabit corned beef beef sandwich and had to spit it out afterwards that he could have the pleasure of eating what he really thought. Thats the advantage of this device. It is targeting the population. 30 of americans are obese and i worry about high blood pressure, diabetes, heart disease. Stuart you cannot find a sick fault with this. Do we really need to do that . Do we really have to get to the point where we have to induce vomiting. Cant we just improve our diet and lifestyle . But some people we can. So if this prevents someone from having a heart attack or diabetes, i am for it. Another arrow in the quiver. Stuart it is fascinating. You can have your corned beef and get rid of it. Stuart, the new solution in preventing heart attacks. Doc siegel will be back next hour to give us all the facts on as the prevention of heart attacks. Donald trump will meet with the underrated gun control. Hes open to this idea know who i no buy. If he bends a little, could be a political win for him. The 2yearold killed by an alligator in disney world. No gator warning signs were up. You can bet disney will be held liable. All right, were following a breaking story out of britain. A member of the British Parliament jo cox shot and stabbed on the street. Shes a member of the labor party. No word yet ofof the motive of the shooter, but a man is under arrest. Ms. Cox is in Critical Condition. And britain votes on leaving europe next week. Capitol hill, john brennan testifying on isis, he just said there are between 5 and 8,000 isis sympathizers in libya. Libya could be a springboard for attacks in europe given its close proximity and the libyan port of sirta is is your ronneded. And donald trump is giving a deposition in a suit suing a chef who is leaving over comments made about mexican. One of the bigger trump stories were following is this, is his upcoming meeting with the n. R. A. He says he is open to nofly, no buy as a form of gun control. If he gets this and bends a little and is seen to be bending a little and moving his party, that could be a political win for donald trump. Were also talking to the general, the general they call the christian warrior, the man on the right of your screen. Well ask him, what does he think about president obama defending islam and often criticizing christianity. On disney, theres a dark cloud hanging over that company this morning after a boy was killed by an alligator at one of their resorts. Judge alex is here, why didnt disney post signs warning about gators. And a big medical headline, viagra, could it be used to prevent heart attacks . Weve got it all for you. The Dow Jones Industrial average is down at the lowest point of the day, down 151 points. Its six days down in a row if we close like this. On the other hand, gold going straight up. 25 an ounce higher, 1313 per ounce. Maybe this is the number of the day, the yield on the 10year treasury. Were all the way down now to 1 is 1. 52 . Thats extraordinary and it has an effect on Mortgage Rates, we just got the read. Exactly, 3. 54 , trending down. The second straight week, 30 year Mortgage Rate trending down, last week. And a year ago, 4 . Freddie mac is saying that 10year treasury yields are in free fall as around the world theyre going to the safe haven. And watch and citing the chief economist there, the Great Britains threat to leave the u. K. Stuart on the 10year treasury we keep harking on, as that keeps going down, then the Mortgage Rate will go down. Talking about the 30year fixed rate, 3. 5 liz its incredible. The Mortgage Applications have been trending down and they may trend down. Ashley maybe. Banks arent getting much back on their loans. Stuart thats, true. And why are the treasuries down when youve got a 3 1 2, 30year fixed. Extraordinary. Back to breaking story at the top of the hour, a british member of parliament shot and stabbed on the street. Ashley more and more reports. Contradictory. There is an eyewitness who says an argument broke out between two men with this member of parliament in yorkshire. There was a scuffle and the mp moved toward them to see whats going on. The man with the gunshot the mp accord to go this report twice. She was shot twice. It doesnt talk about stabbing. Shes in Critical Condition, flown to a nearby hospital. A 52yearold man seen by another person to kick the mp while lying on the ground and walked away in a manner that was described as very cooley, very slowly. Another report saying he was shouting britain first, we cant confirm any of this, but bottom line is 41yearold jo cox, who was elected to the Parliament Just last year, is in Critical Condition, the mother of two young children. Stuart theres speculation it was a political crime. Ashley it could be. Stuart thats pure speculation, thats what it is. More on this later, im sure. Theres a hearing going on. John brennan testifying on isis. He said 5 to 8,000 isis sympathizers are now in libya. A lieutenant joins us now. This is just coming to us, general, 5 to 8,000 isis sympathizers in libya, isis clearly gaining strength. You have some knowledge of this area. What are you going to tell us . This is not new. Weve known this was developing for some period of time and at the same time, the administration is trying to tell us isis is losing, theyre shrinking. The reality is, theyre in 19 countries now to include america and their strength in libya is growing. Its a perfect launch pad for operations into southern europe. Stuart what is it, two or three days ago, president obama appeared in public. He was angry. He claimed that they that our administration, that his administration is beating isis, they are in retreat, fewer recruits, less territory and now, it would seem, it would seem that our president is being directly contradicted by his own cia director. Thats where we are, isnt it . Thats exactly where we are. Remember, there is a difference between a tactical retreat, which could include fallujah or mosul or anything like that, where they are in a battle and theyre starting to retreat from there, and a strategic retreat which theyre not in. In fact, theyre very much Going Forward in a very aggressive way to establish and expand the caliphate, which is theological for them. So, what youre seeing, youre seeing them choosing libya as the next big plays where they are building up their forces, theyre training, theyre equipping and they are going to launch operations from there, but thats strategically. Thats not tactically. They may lose ground tactically, but theyll regain it. Stuart general, i want you to take a listen to this, its a series of sound bites from president obama where he is over the years, weve taken these from over the years where he is defending islam and also appears to be somewhat critical of christianity, roll that tape. The United States is not and will never be at war with islam. And im also proud to carry with me the goodwill of the American People and in greeting the peace from muslim communities in my country. Islam is not part of the problem in combatting the violent extremism, it is an important part of promoting peace. Remember that during the crusades, the inquisition, people committed terrible deeds in the name of christ, slavery, and jim crowe, all too often was justified in the name of christ. Stuart now, we played some of these excerpts yesterday on our program and received a strong response online. General, youre often calls the christian warrior and i know thats built into your track record. Whats your response to those sound bites that we just brought our viewers . Well, it wasn whether the prt wants to be at war with islam or not, we are indeed at war with islam because they have declared war on us. Make no mistake when a man kills 49 people in a nightclub yelling allah akbar or fort hood texas, yelling allah u akbar. This is kl declared on the west and democracy do you think that president obama has tilted toward islam, towards muslims . I dont think theres any question about that, stuart. First of all, i dont think anybody pays attention to what he says on this issue anymore because hes compromised himself. I think that he grew up in an islamic environment in indonesia where islam was practiced in a different way and i dont think that hes been able to mentally transition to the realities of today where islam is dominated by the likes of al qaeda, isis, alshabaab and others and hes not and with regard to the christians there have been atrocities in christianity and also reform. And christianity brought about the end of slavery in our former country, england, with william wilbers force motivated by Christian Faith and christianity that brought about under the end of civil war and slavery. So christianity reformed overtime in the 15th century and were seeing positive reforms of christianity and that has to happen in islam. Stuart general boiken, thank you for joining us, we appreciate it. Moving on to donald trump, hes going to hes meeting with the n. R. A. He says, donald trump says hes open to nofly no buy. That, to me, suggests that donald trump is prepared to bend a little on the issue of gun control and if hes successful in this meeting with the n. R. A. And convinced them to go along with him, i suspect that could be a political win for donald trump. Byron york is with us from the washington examiner. Hes been listening to what ive got to say. Am i way out on a limb here . Is it possible that trump could get a political win out of this . No, youre right. I think this is one of those areas in which trump has broken from republican orthodoxy, but probably pleased more voters than angered. Another one for example, his defense of entitlements and not cutting entitlements. On this issue, the whole nofly list, the terrorist watch list sort of things, its obviously very urgent right now in the wake of orlando, but its something that has had generally wide support. So this is something where trump can appear to break with his party, appeal to moderate independent voters, and really not pay any political price. Stuart it seems like the democrats successfully and establishment republicans, have successfully shifted the debate after orlando away from terror and towards gun control as a solution. Thats where the political debate stands at this moment and i think that trump is joining that debate. Maybe hes been forced into it, but thats where the debate stands at the moment. Well, youre right about that, but i would caution you a little in that the debate will be shaped in part by the facts of the case. And as we learn more about omar mateen, we just have reports this morning about the extent of social media used and the telephone calls he was making during the attack, and the facebook posting, more stuff thats overtly islamist in his statements, so, i think the debate could move a little bit with the facts of the case. Stuart can i just change course for a second . I want to talk about Bernie Sanders. He disappeared, he absolutely over the last week, we havent heard very much about Bernie Sanders. Now, i understand hes going to have a Live Streaming event with his supporters later on today. The speculations he would get out of the race, i dont know whether he will or not, but he has faded, has he not . Hes just not in the picture anymore. Absolutely. His last moment, really, was california. I mean, and look at the polls. Remember, a lot of us, me included, were saying it looks too close to call, the real clear politics average had Hillary Clinton up by 2 points in california what did she win by . 13 . That was Bernie Sanders moment to drop out, make an exit. Instead he stayed, he said im staying until the District Of Columbia primary a couple of days ago in washington d. C. And nobody paid any attention to it, Hillary Clinton won it, by the way. But the world moved on. Orlando happened, the world moved on, everybody took it for granted, assumed correctly that Bernie Sanders has not won this race that hes lost it and now he seems to have kind of outlived interest in his campaign. Stuart unless he has some influence on the democrats campaign, their platform at the convention, which he may well have. Byron, im out of town. What a busy day weve got, we appreciate it. No kidding, thank you, stuart. Stuart more on the British Parliament member who was shot. Jo cox 41 years old. Shes in Critical Condition, shot twice. Some confusion whether she was stabbed as well. A 52yearold man is in custody. Police are not saying much. An eyewitness did say this individual shouted britain first before firing twice. Stuart if we confirmed that it comes from a person who has a business near where the shooting was and thats what hes telling. Stuart we do not know whether its true or not. Thats one account. Stuart what did you just say to me . Okay. Listen to this, the remain and lead camps in britain suspended their campaigns. Ashley if its true to that he shouted britain first, and i can that the tension and the further, but i have to repeat that because this is a very big deal. World politics, quite frankly. That british vote, whether or not they leave europe is of paramount importance, diplomacy to economics around the world and now we find we have a suspension of the leave and Stay Campaigns in that country because of what looks like a highly political shooting of a british member of Parliament Liz it looks like also a show of unity to support jo cox and her family as well. Stuart that, by the way, the report that theyve suspended their campaigns, at least temporarily, comes from a sky news reporter. That is our sister station, we have a relationship with sky news in britain. Thats what they, that one reporter is reporting over there. This is dramatic news. Very dramatic news. Ashley very. Another man was also and theres a picture being distributed of another man who was injured who reportedly had gotten into a scuffle with the individual who was arrested and as they tussled and shouted. The man with the gun took a step back when the mp moved in to find out what was going on and shot twice. Other reports say he kicked her while she was lying on the ground and walked away, quote, very slowly, very cooley. Stuart extraordinary stuff. You never hear of a political shooting in britain, unknown virtually. More details as they become available, of course. The dow industrial average still way down, not as bad as a few minutes ago. We are off 130 points. All 30 stocks of the dow industrials, 28 of them are 27 of them are down. One is unchanged and theres just a couple that are actually moving higher. Thats a broadbased market selloff. Going to quote the stock of disney now, were quoting the stock because today, the Shanghai Disney park opened. Its a 5 1 2 billion dollar investment. The stock, however, is on the downside liz the most expensive International Resort of disney, three times the disneyland in anaheim. This is important for walt disney, bob iger, nothing that a third of disney sales come from the theme parks and resorts. Stuart okay, meanwhile, disney says it plans to, quote, thoroughly review its warning signs around the resort where that twoyearold boy was tragically killed. Joining us with legal perspective is judge alex. This is not the time to be talking about money and how much the parents i dont want to do that. Sure. Stuart but theres going to be liability here, isnt there . There absolutely be liability. Disney has obligation to warn pay tons of risks and clearly this was inadequate. They had signs on the beach front saying deep water, big drop off or words to that effect, no swimming. Youre telling people not to swim and easy for somebody to say not to hold on a second, the viewers are seeing the precise beach area where this occurred. I have been on that beach. I have as well. Stuart utoo. Ive taken my kids and paddling around, in that precise area. Yeah, they rent boats and you can get in the lagoon. Stuart its disney, i would never ever think an alligator there. Wouldnt think of it. Thats going to hurt disney. Theres a difference between warning people theres a drop off no swimming and theyre afraid somebody cant swim and step into deep water, and telling them theres actually a carnivore in the water who could eat you. And consistently to their credit, they would wean them out before theyre bigger. They take steps to do that. The reason they dont put up the signs because theyre inconsistent, dont get near the shore theres a massive gator that could eat you. Stuart there will be a financial settlement. No way theyll go to court. Stuart theyll settle. Yes. Stuart the young child, a picture of him. So tragic. Stuart lane graves. Any parent understands the horror of this. Surely. Stuart part of the settlement wouldnt be just financial. The disney would have to say the warning signs will go up and we will take steps to take care of every alligator that sets his tail wagging near that lagoon. Theyre going to put signs up and do whatever they can to eradicate alligators near the lagoon. Lets he be honest, florida is a swamp, everything we live on is fill. We built it up. There are estimated to be a million alligators or more in florida. Ive played golf in florida on a course with a gator there. I would never swim in a lake in florida. Keeping gators out of the lake could be impossible. They could come in as a baby gator and grow to size in there. Stuart when you heard the story, absolutely horror. So tragic for a parent to lose a child. I cant imagine losing a child under these circumstances. Stuart judge alex, thank you for joining us on a very sad occasion. Always a pleasure to be with you. Stuart the dow industrials are at 175. Back in a moment. There are two billion people who dont have access to basic banking, but that is changing. At temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. Everywhere where theres a phone, you have a bank. Now a person is able to start a business, and employ somebody for the first time. The microsoft cloud helped us to bring banking to ten Million People in just two years. Its transforming our world. 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. 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Another man was injured trying to pull him off. That man was arrested, and reports he was shouting britain first, more importantly jo cox in Critical Condition at a local hospital. Stuart if thats accurate, if the man was shouting britain first, that has extreme significance. One week from today the british will vote on whether they leave europe. Ashley and both campaigns to get out of the eu and those to remain have suspended their campaigns icht thats the biggest deal in british politics and theyve both suspended temporarily because of what may be a political shooting of a british member of Parliament Liz forgive me as an american, have either of britishborn seen a headline like this . No. Until i game to america, i never saw a handgun, never seen one fired, never in a store. In britain right now youre not allowed to own a handgun. They are a universally banned in britain so when you get a headline that a member of parliament was shot, thats a stunner. Ashley doesnt compute. Stuart and one week before a very important debate vote. You know its highly charged because of the migration issue. Stuart and you see them Walking Around with automatic weapons. Havent seen that in a long time. Thank you, ashley. The big board is not the low of the day, but pretty low. Down 145, 150 points. Kroger, look at it, a Supermarket Chain obviously, 2700 stores, 35 cents, it is up on a down day. Good profits at kroger. Now this, you know the little blue pill viagra . Could do a lot more for men than what its advertised for. Doc siegel is mack. There are reports that using viagra could decrease the risk of heart attack. There i is a report of chesire. Diabetic men decreased risk of heart failure, decreased risk of heart attack, decreased risk of dying from heart attack. And less heart attack in general you know why . Why. When they first discovered viagra they were discovering for a High Pressure pill and nurses sat there testing mens blood pressure, wait a minute, whats going on there and thats how it ended up with more famous use. We know its used for altitude sickness, takes pressures off the lungs and relaxes the heart. Stuart its a part of what it does. So since it lowers your blood pressure, decreases risk of heart attack and heart fail yir. Stuart forgive me for getting into this, i was told there is extra risk of heart attack for men during sexual activity. Youre mute on this . Most the times, no. There are certain high risk groups, you have to caution. But even after bypass, you can have sex generally. Its on a patient with patient basis. Most Heart Patients have can sex and not increase their risk. Viagra is not causing heart attacks and now helping to prevent heart attacks, we think. A lot of uses there. Stuart yes, dr. Siegel. Thank you very much, dr. Mark siegel. Now, here is the number. Look at this, this is why things are dodgy, can we say that . Yes, we can. Stuart 1. 53 is the yield on the 10year treasury. Thats historically extremely low. Thats part of the reason why stocks are way down this morning. Now this, the left pointing the finger at guns for the terrorist attack in orlando, not islamic terror, oh, no, guns are the problem. More on that in a moment. When a moment turns romantic why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis and a 200 savings card. Innovative sonicare technology with up to 27 more brush movements versus oral b. Get healthier gums in 2 weeks guaranteed. Innovation and you. Philips sonicare. Save when you buy the most loved rechargeable toothbrush brand in america. Stuart looking at dc. President obama is about to depart on air force one. Going down to orlando. Hell be down there in the wake of course of terror attack last weekend. Will be getting on that plane very shortly. Now, i want to get more on this shooting of a british member of parliament. Ashley, can you tell us and piece together from the report exactly what happened. Ashley we have an eyewitness, someone who actually saw this whole thing unfold talking to the police and the media. He owns a cafe. He said he heard a loud popping noise, turned around, and saw two men in an argument. Scuffling if you like. Thats when joe conversation approached this scuffle going on a man in his 50s in a white baseball cap shot her once. This eyewitness says she fell to the ground, he lent over here, shot her in the face. Pulled out a hunting knife, stabbed the lawmaker several times also injuring someone else before walking away. That person has been arrested, 52 years old. We dont know the motivate. We do have a report that someone heard him shouting britain first. Stuart okay. Now, thats important because one week from today, the british vote on whether or not to leave europe. Ashley yes. Stuart and in the consequence of what could be a political shooting both the exit and leave the leave and the state campaign have suspended their campaigning. Er cameron says hes not going to be campaigning tonight. Ashley no. Stuart so evidently in the middle of this extraordinary political situation ashley related to that vote. Stuart yes. Theres a believe that its related to the shooting, political vote. Ashley yes. Stuart that vote has implications all around the world, including for the United States and for americas markets. Liz yes. Stuart its a big deal. Liz gyrating euro bond yield y. Stuart i wonder if it will have an affect on our markets here . I wonder that. The New York Times editorial board. How about this . The New York Times suggestions that the gop is responsible for the orlando nightclub attack. Im going to excerpt their opinion piece in the New York Times. Here it says hate crimes dont happen in a vacuum. They occur where bigotry is allow to fester, where minorities are vilified and people are able to escape goat for their gain. Heres the thought. That the shooter in orlando was antigay. That antigay feelings had been stoked by the christian right, the christian right is part of the gop, therefore it is the gop which is partly responsible for the orlando shooting. Thats the train of thought in the New York Times. We have a guest on this. He walked out of i briefing in dc about this shooting. Dr. David jolly is with us. Republican from florida. Will you tell us exactly what happened in the briefing and why you walked out . Sure. I dont want to make too much of it. We received a briefing from the fbi director, the secretary of Homeland Security, and then it turned time for questions. But when voices on the left to accuse republicans of being implicit in Mass Shootings suggest we are cowards. When harry reid blames marco rubio and blame the president and take us down the road of division, it is frustrating. This is a week where we mourn together as a nation, we should be healing, and we come together to reflect the unity of American People to arrive at common sense solutions. You know, the heartbreak in orlando was the heartbreak so divided on attempt of playing politics, the New York Times has fed into that. Stuart but its one extraordinary stretch, isnt it . Thats a stretch and a half. Listen, republicans are not responsible for this. This is a young man intent becoming a terrorist in the name of isis, and he did on. He pledged his allegiance to isis. He believed in fundamental religious convictions of his own that were perverted and wrong. We do need to recognize this is not an attack on just america. But fought for equality, freedom, they had that freedom attacked in orlando and we all need to recognize that, including republicans. But to suggest republicans their blame for this is really an insult from the American People coming to the New York Times, and its wrong. Stuart i want to go back to the hearings in washington right now. Cia john brennan is testifying. He already said this morning that isis is gaining a lot of ground, especially in libya. Says there is now five maybe 8,000 isis fighters surrounding the port of libya. Whats your strength . So ive had an opportunity to travel extensive through the mideast, went down and saw the border between libya and the soft borders that provide. Hes exactly right. Isis knows no boundary. No territorial boundary. And libya is a hotbed. Anywhere with political uncertainty, we will see isis and terror grow. It is a threat that we have to confront every day and defeat them overseas. Do not let them come to our shores and fight on our soil. Stuart david, congressman. Republican florida. Thank you so much for being with us, sir. Thank you, stuart,. Stuart now, were following a variety of stories. Sharp stock market selloff, Interest Rates down, story of the british Member Parliament being shot, it looks like a political shooting in britain, and the leave and Stay Campaigns have suspended their campaigns one week ahead of the big vote in britain. And we also have the no fly no buy situation with donald trump maybe bending in that direction maybe looking for a political win on gun control. And then theres this. Americans on obamacare could be looking at doubledigit premium hikes next year. Is that right . Liz . Liz yeah, this comes from the Nonpartisan Organization Kaiser Family foundation. Theyre saying that the obamacare premiums, the cheapest plans could rise at twice the rate of the rate of increase this year. So it looks like at 13 states in dc. Talking about the chief silver plan. So were seeing obamacare premiums continue to rise as wages stagnate. Stuart thats gigantic. And health insurance, all of them are down. Liz yeah, thats right. Stuart ive got something more serious now. No, its not more serious than health care and shooting members. It not but its intriguing. Russian athletes accused of doping during the london olympics. There are world that the worlds doping agency received a tip but did nothing about it. Were used to talking politics with you, but i know youre very much interested in sports, and im looking at the front page of the New York Times about russia is the headline story. Are we in a position where the russians may be banned from the rio olympics . Well, thats whats going to happen possibly tomorrow as early as tomorrow. Theyre going to make a decision whether or not to allow russia, the entire country to not compete or prevent them from competing in rio, which is huge because russia has a huge role in sports. But have they been cheating the whole time . Thats the question, and it looks like. Stuart it looks like they cheated for the winter olympics. They won a lot of gold medals and a lot of their athletes were doped up to the eyeballs and thats the reason why they might be banned as of tomorrow from going to rio. That would be a catastrophe for the olympics. Not really because everybody else whos not doping from all of the other countries, except personally i think everybody is doping, but at least it takes off most of the cheaters or a lot of the cheaters, and it tries to even the playing field. I think thats what theyre trying to do. Theyre not doing a very good job of it. But these independent investigations especially by the United States and the New York Times are going to force these athletes to stop doing it or youre not going to play. Sure you guys can dope all you want in russia. Stuart i see your point. I do see your point. If you dont stop it with measures, everybody loses. Right. Stuart you take a shortterm hit by stopping them going but nonetheless you restore the credibility of the antidoping authorities. And if its not just the athletes, its actually this governmentrun program. Its the federal officers are taunting and threatening drug testers from actually taking urine samples. Theyre saying you cant do this or well shoot you or whatever you want to do. Stuart you hate golf, dont you . I love golf. I get to lay on the couch all day. [laughter]. Stuart exactly what i do. The u. S. Open this weekend. By the way, a player has been suspended i think ashley storms moving. Stuart storms in pennsylvania. Okay. Were on that one. Donald trump could score a big victory could score a political win. Meeting with the nra. Trying to get them to agree. He says hes open to no fly, no buy on gun control. That could be a win for him. Well have more on it ked and intellectual property being stolen. That is cybercrime. And it affects each and every one of us. Microsoft created the digital crimes unit to fight cybercrime. We use the microsoft cloud to visualize information so we can track down the criminals. When it comes to the cloud, trust and security are paramount. Were building what we learn back into the cloud to make people and organizations safer. And remember Varney Company starts at 9 00 a. M. Eastern every day. Heres what you missed in the last hour. Heres the judge on gun control. Stuart you are gungho for no gun control protecting your Second Amendment rights. I am. I am. And the argument is that we know from all of these tragedies new town, aurora, columbine, virginia tech, San Bernardino, and now orlando, they all happen in the same place. A place where the government prohibits handguns. The government cheerfully calls these areas gun free zones, they should be called killing zones because it had kill people like fish in a barrel. The police cant be everywhere. Stuart the father of one of the victims of last novembers paris attack has sued facebook, twitter, and google for allowing terrorism to spread. Were showing you their stocks. Not that theres any impact on the stock from this lawsuit over in europe. But nonetheless all of them are down and down sharply. Look at facebook. Down a buck and a half and alphabet, google down almost 2 . Donald trump looking for a win on guns. He says he is open to no fly, no buy. Meaning if youre on the no fly list, you cant buy a gun. Republican strategist mercedes is with us. Mercedes, am i out on a limb with this. But i do think that trump could pull off a political win if he persuades the nra to go along with no fly, no buy. He could say, look. Look what ive done. I did this. Im not just talking about it. I did this. Well, heres the situation, stuart. The democrats dont want the help of donald trump, lets just start from there. Senator feinstein made that comment that donald trump only makes matters worse. The problem here is that the democrats and the republicans are stuck; right . They, the democrats dont want to compromise. They have the feinstein bill, and they really havent been able to get to the middle ground and part of it is that the democrats recognize that they could put pressure on the flips swing states and basically saying theres no action thats been taken. And what theyve been able to do is that feinstein has been able to say wait a second here. This is about making sure that we put the people that are on the terror watch list, people on the no fly list, that they dont theyre not able to buy guns and guess who makes that decision. The Justice Department. This isnt about gun control, this is about excessive government control. So i think when we look at trump in particular, trump obviously he wants to make a deal. He wants to figure out how can we get the democrats and republicans to that point . And i think its smart of him to obviously go talk to the nra and figure out where they can reach. But i do think trump is more aligned with the nra than we wouldnt be democrats. Stuart but he is look, if he does this, if he bends on no fly, no buy, and as you say, the people who get on that list are put on that list, thats the president , by the way, on your screens now, the president walking to air force one. He will get into the plane and fly down to orlando following the shooting down there of course. And the president getting into the plane. Hell be taking off momentarily. But, mercedes, if as you say, it is the Justice Department and bureaucrats who decide who goes on that no fly list, thats not going to sit well with donald trump supporters. Absolutely not. And more so being because of the fact that you want to include a due process protection. And thats what the nra is also saying. Theyre saying, look, we dont want terrorist to buy firearms. But heres the deal. We need to make sure theres due process protection in place so that those people who are wrongly placed on that list like ted kennedy was at some point, jerry luis, then you figure out and say, well, they should not be on that list and guess what . Its very difficult to get those people off the list, stuart. So the thing is i think its really easy to say no fly no buy, but you have to make sure theres due process protections in place for those individuals who should not have been placed on that list in the first place. Stuart seems to me the democrats have changed the nature of the debate about orlando away from terror and the motivation of the terrorist towards gun control. They seem to have shifted the argument very successfully. Right. And think about it. Whenever there is these horrible tragedies, americans want things to be done. They want something to change. Something to happen. Well, they need to be, first of all, looking at obamas current strategy towards isis. That is failing. The fact that you have the fbi that fails to have omar mateen on the terror watch list. The fact that the protocols could be not lining up how the social media is in play. Theres so many things we need to look at and not pushing forward feinsteins bill that does have not due process in place for americans citizens, we need to pat at that point and say is there a way to reach a compromise that we protect not only the americans not be on that list but at the same time make sure terrorists arent able to buy firearms. Stuart mercedes, all right. We appreciate you being with us as always. Thank you. Stuart smith and we knew gun stock of course. They report their earnings after the bell today. Lets see if that stock moves. Watch that one. Watch whats happening. 4 00 this afternoon. The Fox Business Network fbn. Watch it happen. Ashley ashley yeah, look at this. Stuart whats this . Ashley now, its interesting. You see the peak there. There was a belief, stuart, is that it is r that this market had basically peaked. That the demand had been met and, in fact, smith and we knew stock was down 2 year to date. Of course now we have the horrible situation in orlando. Were expecting we know that background checks have increased month over month to 13 straight months. If Hillary Clinton gets in, you can expect that to continue on the basis that people worry there would be more gun control. At least the proposition of more gun control. But these are stocks that have both this and others have gone up. Stuart sharply down day but that gun stock is just fractionally higher, but it is higher today. Ashley exactly. Stuart new this morning. Coming thick and fast. The black box, the voice recorder from that crashed egypt air flight. It has been located. Thats a way to figure out was it terrorism or not . Liz yeah, exactly right. What the pilots were saying to each other. What the controls were doing of the plane. Remember there was smoke in the laboratory before the crash, that was an indication. The black box appears to have been damaged but the egyptian authorities removed the memory unit, meaning the data may be salvageable. And this was just a month away before that battery expired on that black box. Stuart so well probably find out what happened. Liz thats correct. Stuart we hope so. Thank you very much indeed. Liuart more varney for you after this this woman owns this house, with new cabinets from this shop, with handles designed here, made here, shipped from here, on this plane flown by this pilot, who owns stock in this company, that builds big things and provides benefits to this woman, with new cabinets. They all have insurance crafted personally for them. Not just coverage, craftsmanship. Not just insured. Chubb insured. Perfect driving record. Perfect. No tickets. No accidents. That is until one of you clips a food truck, ruining your perfect record. Yup. Now, you would think your Insurance Company would cut you some slack, right . No. Your insurance rates go through the roof. Your perfect record doesnt get you anything. Anything. Perfect for drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. And if you do have an accident, our claim centers are available to assist you 24 7. For a free quote, call Liberty Mutual at switch to Liberty Mutual and you could save up to 509 call today at see Car Insurance in a whole new light. Liberty mutual insurance. Stuart jason n is with us. Now, hes a counterterrorism guy, and i have a key question for him. Jason, welcome back. Thanks, stuart,. Stuart why cant we get the social Media Companies to block these posts that are made by terrorists encouraging more terror . Is there something i dont know that stops the facebooks of this world from imposing that kind of block . Stuart, its a great question. I think we have to first look at what the president s rules are. I mean, yeah, facebook, google, they can all do this. The problem is theyre relying on words in order to make these effective well call them algorithms. And thats exactly what the president has done by censoring the words used in his counter violent extremism words or guidelines, were eliminating all of these words from our Law Enforcement, our Police Officers, and our military so they cant really focus on the words that are being used by the jihaddists. So even if facebook does this, eason if google doesnt this, its not going to be effective until the president actually decides to change the rules and let these Police Officers, let the Law Enforcement officials go after people for specific granular detail word w. Stuart yeah, ive got your point, jason. But i want to know why the facebooks of this world dont do it. Im told that you cannot post a picture of a topless woman on facebook. They just stop you. Youre blocked. I dont know how thehey do it, but youre blocked. I guess the algorithms call for blockage. Why on earth cant they do something similar for isis if its propaganda . Why not . Well, first and foremost, they would have to target specific population sets or types of activities that have made not comfortable blocking right now. This is about Political Correctness gone wild. These are people that are constraining themselves from going after people for the very words theyre using. And thats why they cant do it. The content requires sort of a common sense to all of us but to these people, its about violating other peoples rights. Stuart thank you, jason, appreciate you being here. Ashley coming up next hour, a column from the wall street journal suggesting democrats are weak on terror. Well tell you why and the father of one of the victims in the paris terror attack suing twitter, facebook, and google. Why . Because he says they help spread terror. Stuart 11 00 in new york. 8 00 in the morning in california. Were covering that breaking news out of britain. Youre looking at it. A wayward camera but its focusing in on the scene. A member of parliament, the labor part joe cox shot and stabbed. More on this in a moment. Monica crowell is with me, elizabeth macdonald, and ashley webster. Ashley, youve got the latest, please. Ashley i do. Continuing to sift through all the reports coming out. Weve been talking about that an eyewitness saw two men scuffling, at which point joe cox, the labor mp approached the scene and then a man shot her once she fell to the ground. He lent over her and shot her in the face before pulling out a knife and starting to stab. Now were told that another eyewitness says and this is very typical of this situation, another eyewitness says this man was engaged in an argument with labor mp and hitting her. Someone tried to intervene, a nearby person and thats when this individual pulled out a gun and shot her twice. He has been arrested. 52 years old. He is allegedly supposed to have shouted britain first. There is a political called britain first in the uk who are very putting ou statements right now saying this has nothing to do with us. Obviously theyre trying to distance themselves from what was allegedly said. Stuart that report is enough to stop the leave and the Stay Campaign. Ashley yes. Stuart because theyve suspended activity. And Prime Minister cameron has suspended his Campaign Speech tonight. Ashley he was going to be tonight because they also call x pats around the world. And has canceled that appearance. Stuart now, this means that the british are taking this as a political shooting. It has relevance to the vote one week from today whether britain leaves the European Union. It is a Political Union as we speak. Theyre being cautious, but its political if you suspend the leave and the Stay Campaigns. Ashley yes. Stuart more on this in a moment. Its Extraordinary Development like this in britain where guns are not allowed. Ashley right. Stuart how about that . Were also following a hearing on capitol hill. Cia director joh john is there. Hes testifying against isis. Moments ago he said there are between 5 and 8,000 isis sympathizers inside monica, especially around the port of certificate a. Monica crowley is here. Now, monica, earlier this week president obama went in front of the cameras and angrily said we are winning against isis. We are at least making progress. And now this from his own cia director. Right. So the cia director comes out today. A couple of days later and essentially says the exact opposite of what president obama has said. President obama has lost all credibility when he talks about the Islamic State and the islamic threat more generally. He is ideologically allergic connecting islam to terror and also ideologically hearing to the middle east. So if he talks about the true nature and threat, that means he will talk about stuart his approval levels are higher. He has gone up. Because the American People are, quote, unquote, tired of with a but the leadership is about educating the public and leaving in the direction that serves Americas National security interests. Thats something that this president has steadfastly refused to do. Stuart all right, monica, going to get to more developing stories we have this hour. Donald trump he will meet with the nra. He says he is open to the no fly, no buy proposal. That would mean if youre on the no fly list, you cant buy a gun. Hes open to it, he says. Can he convince the nra to see it his way . If he does, that may be something of a political win for donald trump. The Hacker Group Anonymous shuts down terrorrelated twitter accounts. Didnt take much effort. So heres the question. Why cant twitter do that itself . Also this hour, the u. S. Open was underway. Its now been suspended. Theres a storm at that beautiful cause thats supposed to be one of the most beautiful in the world. And gary is with us shortly. Were going to and him what is the most difficult course he has ever played . And, by the way, hes got a favorite. I think he likes mickelson. Ashley 25 to 1. Stuart how do you know that . Ashley give me a call. Stuart to the markets. Not a pretty picture but a little bit better than it was. Down 103 points. If we close lower, it will be six days in a row that weve gone down. The Federal Reserve janet yellen may be the problem. Gold, a winner. Back above 100 an ounce. Gold is a barometer of trouble when its up not necessarily good unless of course you bought it. How about the gold mining stocks . Green arrows for you. Those are higher today not that much higher. But the green arrows tell the story. How about oil . Down again. Fortysix dollars a barrel. Thats not helping the stock market. It is at 46. 45. Here is perhaps the key number of the day. 1. 54 . That is the yield. That is the interest. Youll get paid if you put your money with the American Government for ten years. 1. 54 . Historically very low. Look, there is an ease of britains vote to leave the European Union next week, leave the central bankers on ease about a global recession. Now to this. Weve got a lot of stories for you. But look at this one. Headline are democrats soft on terror . Who wrote that . Liz who did it . Stuart who . January henninger in the wall street journal. Make your case. Well, notice the helen is democrats, not obama. Most people would think, yes, obama. Im talking about the democrats. Ive been looking at this for months now, stuart. And it started back in the New Hampshire primaries. You would do the exit polls, come here, talk about them, and you always have the exit polls rankings the four most important issues in peoples minds. For the democrats, terrorism was at the bottom, 10 . I thought that was kind of interesting. That 10 figure held across the entire primary season. Democrats think terrorism is down there at 10 . Despite San Bernardino, despite paris. And i started to wonder why is their mindset always putting terrorism demoting it below Everything Else . And i think the if you look at the record, this is true across the board. Whether its domestic or interNational Security issues. The patriot act passed almost unanimously in 2001 within a couple of years, democrats were legislating and let gating to pair back the patriot act. The National Security agency, i think domestic policing stop and frisk. Liberals entered lawsuits to pair backstop and frisk. Theyre always on the side of constraining trying to, you know, do national or Domestic International or domestic security. So i say, yes, they are soft on terror, despite the fact that they wouldnt deny it. They are like this because they always talk about it doing it in terms of our values; right . And what that means is whether its domestic or interNational Security, the war on terror, they find it morally distasteful to do these things where, in fact, it is morally necessary to do things like the war on terror. Stuart they dont want to win. They dont want to win. In their heart off hearts, they wont do enough to win. Thats the point. Weve had this Holding Action with Islamic State across seven years of the obama administration. And what im saying is voters have to ask themselves is Hillary Clinton actually going to do enough to win as youre suggesting . Stuart we always think that after the next terror attack, things will change. But youre telling us that they really dont . Weve got a long string of these attacks and now last weekend its orlando. You dont think anything changes after orlando . Nothing . In the modern liberal dna, the progressives, they will never do enough to win, to actually win the war on terror and to stop Islamic State in its homicidal havens across the middle east. Theyll do something. It wont be enough. And i think thats kind of the message that donald trump is trying to drive through right now. Hes willing to do whatever it takes. We can argue about the details. But the question is will the democrats . And i dont think it looks like it. Stuart are democrats soft on terror . Thats dan henningers column today. Monica crowley has a headline in the Washington Times and that headline is how obamas failed leadership is literally killing us. Those are strong words. To dans point, the reason the democrats refuse to even use the words victory or winning, can regardless of what war were talking about, they fundamental with the premise of america. They dont believe america is worthy of the superpower role in the world, worthy of leading the world. And its all a case of moral equivalence with the democrats. That the United States is nothing special, nothing extraordinary, were one of, you know, a ton of nations and therefore the leadership role in the world should not belong to the United States. Stuart are you saying that part of the blame of orlando lies on the shoulders of barack obama . Are you saying that . In dans column it lays on the Democratic Party and hes 100 correct. My column is on the president of the United States, the commanderinchief. He has one role and that is to protect the United States from all foreign threats. This president has not done that in eight years, and its a miracle we have survived so far. Stuart wow. Strong stuff there, monica crowley. And you, henninger. Strong events. Stuart youre right. Isnt that the truth . 49 People Killed. Stuart extraordinary stuff. Dan, monica, thank you very much swede. Check that big board. We were down 160, now were down 102. Were looking closer at the orlando shooter. We have a guest who says he may not have had contact with isis, but he was inspired. The former department of Homeland Security consultant under the Bush Administration will join us. Our interview with the Gun Store Owner yesterday about ar15 sales. Those rifles are flying off the shelves. It has become a top story. Were going to take a victory lap on that. Look at this. Youve seen a huge increase in the sales of ar15 rifles. Did you say 15 of them per hour . Is that correct . That is correct. Stuart 15ar15 rifles an hour. Confirm that, please; is that correct . Over 15 per hour. Its more than a network and the cloud. Its reliable uptime. And multilayered security. Its how you stay connected to each other and to your customers. With centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services all with dedicated, responsive support. With centurylink as your trusted technology partner, youre free to focus on growing your business. Centurylink. Your link to whats next. Stuart our next guest says the orlando shooter omar mateen may not have been linked directly to isis, but he was inspired by them. Hes a former department of Homeland Security consultant, and he is a democrat. Welcome to the program. Its great to see you, sir. Thank you, sir,. Stuart does it matter whether this man was spider by isis or had direct contact with them . The point being surely that terrorism was inspired by radical islam. Surely thats the point. Well, the point is how do we get out of this . Because we dont want to be this perpetual fight. The war on terror is based on what isis is trying to do to create a clash of the civilization. Kind of like an end of time scenario. And to fight them, not only do we have to fight them with bullets, but we have to fight them on this war of ideas so thats the main thing. Stuart so cant we name it . The president wont name it. You cant win if you cant name the enemy. If we havent named the nazis, how do you fight them . Well, heres the thing. I think what the president is trying to do, which is politically position, but hes being told by National Security professionals that if you let isis be the leader of the muslim world, if you name them, give them that platform, theyre able to win the war of words. Theyre able to recruit people by saying that this is a clash between the west and islam and if you want to be a muslim or true muslim, that you do that by fighting the west. And thats what theyre trying to avoid. And i think thats very difficult in a political environment. Stuart but were losing. I mean we are losing. They are here, they are killing us, theyre in europe, theyre killing europeans, theyre all over the world killing people. Theyre winning. Well, the challenge is if you look at it in busy terms, were trying to build a brick and motor business while theyre building an online wisconsin that is more like a multilevel marketing next generation on social media and the web. And were going to have to engage in that fight. Were going to have to engage in the war of words and ideas. And the one thing we have to do is treat it from a Law Enforcement standpoint as if theyre sexual predators trying to recruit people in the west using social media, using online communication. So if we begin to educate the muslim community, mosques, churches, all of us that there is a tactic in. Stuart what did she wait a minute. Look. People that are mentally ill. Stuart what did she its been 16 years since those guys flew into the old World Trade Center and killed americans. 16 years. Where are you coming from we must try to educate the mosques. Come on. Its not a matter of educating the mosques. The tactic that alqaeda used werent nearly as deadly as what isis is using. Isis is using social media as a way of targeting people that feel like the disenfranchised, that feel theyre not part of the community and then what they do is leave the bread crumbs that make them feel that they could be bigger, they could be stronger. We have to do a much better job of teaching parents what is internet security. Keeping their kids away from social media and other things that could really trap them. Stuart im sorry. Im sorry. But that is not going to beat isis, now is it . Its not. Well, heres the thing. Most of what were seeing now thats frightening is home ground. These people are born here. Theyre not going over there theyre raised here. To get training in syria or middle east. So if were going to change this narrative and begin to win this war on terror, were going to have to win the war on ideas. And what that means is that this information battle is critical right now. Stuart okay. I just ive run out of patience quite frankly. I really have. Were being slaughtered on our own streets, and i want to see some action. Im not prepared to go, well, lets educate the parents and lets educate the mosques. Im sorry. I dont want that soft laid back approach. I want to get out and kill them. Are you okay with that . In terms of killing them, isiss game is this end of war, theyre trying to get the american to put boots on the ground, so their osama trying to get Terrorism Activity in the west is in the end, they want to fight us on ground there because they believe from their warped ideology that the end of the world will come when theyre in the battle of the west. We should want to feed into their narrative. Stuart okay. We agree to deliver. But come back. Look, this is the debate, and weve got to have it. And i have no problem being a part of it. Thank you very much for joining us, sir. We do appreciate it. Thank you. Stuart check that big board and we were down 160, now down 110. I just wonder in the back of my mind has this market come back something to do with the suspension in britain of the leave campaign and the Stay Campaign because of the political shooting of a member of parliament. I wonder if that helps the Stay Campaign and helps the market. Ashley possibly. Lets say that. Stuart a very tenuous connection. Heres another market, 1. 55 , that is interest rate. Thats near a historic low. A fouryear low for that particular interest rate. Again, the big board is down 100 points. Next case. People insured under obamacare looking at a doubledigit price hike next year. Well tell you how much prices are projected to rise. Answer a lot. And the u. S. Open Golf Championship teed off early today. Youre looking at pennsylvania. Golf legend gary player on that. Next my name is fred and i carve heads out of cheese. Its not easy. I was once working on a bust of Shaquille Oneill in swiss. I havent worked in swiss since. Everyone called me crazy. Things really took off when i got my domain name headsofcheese. Com from godaddy and now theyre selling like hot cakes. Made of cheese. Got a crazy idea you think you can turn into a success . We know you can and weve got a domain for you. Go you. Godaddy. 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. Theyre afraid the governments going to take them away and folks bitter in fear because of the times were living in today. And, you know, those are two big reasons and theyre also those that feel like theyre going to go up in value. Stuart let me tell you a little bit more about jay there. Hes with adventure outdoors, a gun shop in florida. Talking about the spike in gun sales. Im sorry in georgia. Im so sorry. Hes talking about the spike in gun sales at his store. Would you believe that he sells 15ar15 rifles per hour at his store . We got that story on the air and now were top of the line there on the report linking back to us. All right. Monica, thats an extraordinary number. 15 and, by the way, theyre 500 bucks each and hes selling 15 per hour. Yeah. Theyre not cheap, but they are moving like hotcakes as they say and i think there are two reasons for this. One in the wake of orlando, a lot of people feel that their own personal safety is in danger. When they go out to public areas and so on because they feel that the president , our leadership is not protecting them against home ground threats, external threats, they want to be able to protect themselves. Thats number one. Number two, the movement on the left through the Democratic Party starting all the way with the president , the movement now, its for increased gun control. So i think a lot of people are figuring let me buy the gun now while i still can because i rather have the gun and not have to use it rather than need a gun and not be able to get one. Stuart by the way, were momentarily expect an official announcement that the aflcio is going to endorse Hillary Clinton. No one is really surprised about that. Liz what took them so long . Stuart just in. Ashley what took them so long. Good question. Yeah,. Stuart oprah also endorsed Hillary Clinton as of today. I want to show you the big board because weve come back. Weve come back a lot. Now were down 89 points. We were down 160. Again, im going to float this idea. Maybe the political shooting in britain, which has led to the suspension of the leave and Stay Campaigns about the vote next week getting in or out of europe. Ashley so you think this is more positive for the stay in the eu. Stuart maybe out on a limb on this one. But the market today in america was down in part because investors think that the brits will leave. Ashley yes, thats true. Stuart that political shooting would suggest that maybe theres going to be some sympathy now for the Stay Campaign. And, look, im out on a limb. Im floating here, i know. But our market is now coming back. Now down 77 points. Liz down triple digits. Stuart there you have it. Now this. More. The father of the victim of one of the young People Killed in the paris terrorist attacks last november, well, he is seuss, and he is suing facebook, twitter, and google because quote they let terrorism spread. Were going to ask the judge about that one. What does he think . Remember this. Lawsuit comes just a few days after Police Officer and his wife were stabbed to death in their home in front yearold son by an isis terrorist as the terrorist streamed the event live. Facebook, what are they going to do about that . That terrible story from disney. The 2yearold boy dragged away and killed by an alligator. Now its been revealed that the hotel right next door had alligator warnings. Disney did not. You focus on m. Us, well be right there with you, helping with the questions you need answered to get your brand new business started. Were legalzoom and weve already partnered with over a million new Business Owners to do just that. Check us out today to see how you can become one of them. Legalzoom. Legal help is here. Stuart they have tried everything and it is not working, i am talking the world Central Banks and the problem of growth. These bankers printed trillions of yen, euros and dollars and cut Interest Rates to 0. Europe and japan have gone even further, negative rates where you pay the bank to keep your money. We have never seen anything like this before and what have we got . After all of this what have we got . Virtually no growth in japan or europe or america. Economic malaise. There is no dynamism, no vigor in the worlds great economies, we are in a global slowdown teetering on the edge of a global recession. I said at the beginning of this the bankers have tried everything and they have but what is really needed is something bankers cannot deliver and that is tax cuts. Lets be clear. Janet yellen cannot cutut taxes but president obama can. Therein lies the problem because he wont do it. Janet yellen has been trying to bail out obamas policies, she has been doing it for years. These bankers have reached the end of the road, they squandered their power, they have become powerless. Up to the next president and the next five months. I ended on a cynical note. The gentleman on the screen, democrat strategist, used to be with Bernie Sanders and i want to know what does harlan hill make of my demand that we get a tax cut to get things moving . Am i right or am i right . Pretty temple. I am a democrat and i think government has a place to do a lot of things, healthcare is one of them but we dont have to keep growing our deficit. We should be more efficient with the money we have. I look at technology and i see technology making everything more efficient across our economy and the only thing i see that is not getting more efficient in government. It is getting less efficient. Stuart why do you want more . I wanted to work better. There is a place for government. Stuart it never works better. I am idealistic that we can make government work. Stuart you are young. Stuart how will the democrats whether it is Bernie Sanders or Hillary Clinton, how will they give growth . Growth in the economy . I dont think Hillary Clinton is going to do it. I am not voting for her. I think we need tax cuts and when you look at Bernie Sanders this is what i didnt like about him, he wanted higher taxes across the board. If you were poor and barely making it and you were a single mom you would pay higher taxes. Me when you think it is okay to tax more already heavily taxed wealthy people . I am saying lets be e fair, cut taxes across the board. It is economic stimulus that has worked in the past. Worked under reagan, worked under bush, i am all for it. Stuart the other part of my take was central bankers of the world are lost. They lost control and have become powerless because everything they tried has not worked. Looking across the globe negative Interest Rates, where we are headed, relative to the rest of the world the us looks relatively stable so that is good. Stuart grasping at straws. Have you crossed the line, come over to the right side of thinking and understand free markets are the way to go . Capitalism this isnt a political issue. Stuart less government, less taxation, less regulation, surely you understand. I reject i dont think that is a partisan issue. It used to be democrats or republicans could agree. Stuart i am talking economics. It used to be we could agree on these Economic Issues, we could agree we didnt need to tax the hell out of job creators. That used to be a bipartisan issue. It is not anymore. Stuart going for trump . Absolutely. Stuart you could have saved trouble. We did have fun. You are all right. Serious subject for the judge. The father of one of the victims in the paris attack of last november is suing facebook, twitter and google. He says they helped isis spread their message of hate and spread radical islam. Judge Andrew Napolitano is here. First off, he is suing in europe. If he were to sue in america the case would be thrown out. Judge napolitano i would think so. There is something called Congress Shall make no law abridging freedom of speech, remember that. That includes hate speech as well. There would be no role for the courts here. All speech is protected. Stuart could isis somebody on the grounds that you allowed this hate on your medium, facebook, and created death in america . Judge napolitano know because the constitutional remedy for hate speech or bad speech or speech that encourages violence is not sanction or suppression but more speech. In france god only knows, wont get a jury, it will just be a judge, they sometimes award nominal judgment, monetary figure, ridiculously low but allows the plaintiff to boast that he prevails. Stuart on similar lines the group called anonymous have hacked into twitter and not shutdown but affected some twitter accounts. My question is why doesnt twitter self police itself with these messages from isis or what have you. Judge napolitano if you owned twitter and were paid by the click would you be stopping people from clicking on your site or would you want more clicks so there would be more money in the coffers. Stuart when i saw 49 people massacred in orlando i might think about that. Judge napolitano such a stretch to suggest twitter is complicit. As much a stretch as the New York Times saying the nra caused orlando. Stuart they are part of the problem. They could be part of the solution. Something must be done because isis is recruiting people online and it is happening and people are dying. Judge napolitano the best weapon for that is another version of an ideology of freedom, not to suppress the use of the instrumentalities of communication. They will find another one. You hit that thing down ever play whack a mole . Another one pops up and drive you crazy. Stuart carnival, yes i have. Serious subject, the alligator attack at disney, a neighboring hotel had warning signs about alligators, the disney hotel did not. Is makes the liability lawsuit even more winnable. Judge napolitano it is irrelevant with the neighbor had. The lawsuit is very strong against disney. I suggest to you there wont even be a lawsuit, they wont file a complaint, disney is as soon as the grief is over going to show up with a checkbook and could almost write their own number. Stuart part of the sentiment if you call it that, and the alligators in that lagoon. Judge napolitano that would be a good thing for disney to do from a pr point of view. It 14 people from nebraska. Stuart you covered three topics in as many minutes. Judge napolitano three Great Questions. Fine necktie. Ashley have you guys finished . Look at this. The tao has come back. 100 points less than it was earlier. Judge napolitano a 3 minute conversation coming back even more. Stuart i honestly think tracking stuart a labor mp, may have been a political shooting. Stay and leave campaigns in this vote next week whether the brits should leave europe both Campaign Suspended their operations, implied a political shooting, somebody in this day campaign and looks like it was and that helps what helps our market here. A tenuous connection. We are down 60 points. We got to take a break. Gary player is with us to choose which course is the hardest when he ever played on bearing in mind the u. S. Open started today. Legends and lies, the patriots, john adams, airs sunday at 8 00 pm on fox. Watch that, you americans. This is your daughter. And she just got this. Ooh boy. But, youve got hum. So you can set this. And if she drives like this, you can tell her to drive more like this. Because youll get this. You can even set boundaries for so if she should be here, but instead goes here, here, or here. Youll know. So dont worry, mom. Because you put this, in here. Hum by verizon. The technology designed to make your car smarter, safer and more connected. Put some smarts in your car. Nicole i am nicole pedallides with your foxbusiness brief, down 66 points well off of lows of the day, had been down close to 170 but we are seeing down arrows across the board, the s p down 11, nasdaq composite down 37, the vicks, the fear gauge tempered the investor anxiety, the highest levels and february and there is a look at it right now. Utilities and telecom showing strength and dividend paying stocks and we are seeing the 10 year bond at 1. 5 . And some up arrows on the s p 500 and tonight big game, game fixing cleveland, stefan curry and lebron james, curry terminated his night to go to under armor, both are lacquers year to date and we want you to start your day at 5 am on foxbusiness, be there. A few stops later, and it looks like big ollie is on the mend. It might not seem that glamorous having an old pickup truck for an office. Or filling your days looking down the south end of a heifer, but. I wouldnt have it any other way. Look at that, i had my best month ever. And earned a shiny new office upgrade. I run on quickbooks. Thats how i own it. Affordable, affordable, affordable, affordable, affordable. Stuart okay. People insured under obamacare looking at a doubledigit price hike next year. Liz this is the worst place to live, portland oregon, new york city, hartford, connecticut, richmond and baltimore. 16 or 12 , twice the rate of increase last year. Affordable care, people cant afford the high cost of affordable care. This comes from a nonpartisan output. Stuart affordable. The us open Golf Championship teed off earlier today at the Oakmont Country Club in pennsylvania. I will give you the odds, who is the favorite, jason day from australia 13numtwo, rory mcelroy 71, dustin johnson, Phil Mickelson down 251. Guess who is on the show . Gary player, i will ask you, you like mickelson and want him to win. Very much so. Even though i won 18 majors i was second, 7 times in may. Mickelson has been runnerup six times that the u. S. Open. He needs to join the five of us to win the grand slam. I will be pulling him very hard for him, an exciting open at the golf course. Everybody talks about loan hitting, it is the short game, and 100 yards in. Stuart tell us who has the best short game . The short game by a mile. The swing that i have noticed. Stuart i give my right arm and a lot more for swing like jordan spieth, everybody would. Let me tell you we havent seen the possibilities of this man. If he gets a tiny thing, nobody will catch him, his short game, he might be in the top i have seen in my life. Absolutely fantastic. Stuart u. S. Open played in Oakmont Country Club in pennsylvania. I am told that course is a difficult course, every major golf course on this planet which was the most difficult course you played . The most difficult is the link golf course in the cape in south africa, sap. And the president s cup where tiger beat ernie yells. And the president s cup, tied with america, great event, the toughest we ever played. Stuart a links course in britain, and the side of the ocean freezing rain coming at you at 30 mile an hour gusts off of the ocean. The more difficult the links course. The links course. And you cant give a judge a golf course, imagine if you played a gusto or oakmont, and the winds you talked about they would be tough. And calm with it. Stuart 80 years old, can you shoot your age. I am 80 years young and age 70. And the last 40 rounds played 70. Would like to say to you, the gary player invitational, and 29 august. Do you play golf . Stuart no. I caddy. The best in the business. Stuart i will be there. Gary player, a great pleasure to have you on the show. You have an enormous following, i like your style. Any man who is 80 years old could shoot 70, come the is in person. Stuart appreciate it. We are a financial program. I didnt ask gary player a financial and the dow jones the gulf core stuart i televise, played 9 holes, it was at the southampton princes in bermuda. 9 holes and you admitted it. Stuart do you remember this . One year ago, this our, donald trump announced candidacy for the presidency. Now he is the presumptive nominee about to get on the escalator. That was the ultimate shot. We had it live. This is going nowhere. Ladies and gentlemen. I am officially running for president of the United States, and we are going to make our country great again. In new york state, we believe tomorrow starts today. 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For a free quote, call Liberty Mutual at switch to Liberty Mutual and you could save up to 509 call today at see Car Insurance in a whole new light. Liberty mutual insurance. Stuart that man on the right of the screen, a republican strategist, welcome to the program. I will test a little theory on you if you dont mind, donald trump says he is open to nofly know by. I think he is bending toward the rest of the Republican Party and meeting with the nra on that subject. He could when politically, if he bends people to his way of thought. I agree with you. The nra is an Organization Since the 1800s and it is one which is the most powerful lobbying group in the United States of america. They said they did not back in 2013, did not to put people off from buying guns that were on the potential terror list because there were 800,000 people on that list some of which senator ted kennedy and john lewis, their names resembles folks on that list. Stuart dont know about constitutionally but would be politically popular if it is the way from a hardline position and made some compromise. Do you think you can pull it off . Absolutely. We saw with the nra said when they released the statement, they werent going to change their position and send another statement saying they would be more in favor of changing it so investigators can investigate a potential terrorist on the list and that is beneficial for donald trump. I have seen publications complement him on the fact that he is really becoming what we believed in and often pontificates on his experience to be a master negotiator. Stuart are you a trump guy . Absolutely i am. Stuart i am not shocked. Whenever we put somebody on the air who is a republican strategist, tween 9 times out of 10 they are edging away from donald trump, not sure they can get behind all issues. Stuart i will cut this short. I apologize. I have breaking news out of that shooting in britain i have to get to that. Thank you for joining us. We know the name of the suspect. Ashley his name is tommy mayer. Means nothing to anybody. More important what was going on, what was his motive . British Police Holding a News Conference with the media in 1halfmac minutes, 41yearold joe, mp who was shot and stabbed remains in Critical Condition. Stuart two hours ago we received news from britain that a labor r member of parliament d been shot in the street. A labor member of parliament. The suspect was arrested. His name is tommy mayer. Ashley 542 years old. Stuart he was shouting britain first. Ashley there are conflicting reports, the people saying i never heard that. Stuart the net result of this shooting has been that believe in this day campaigns referring to the vote in britain next week on whether to leave the European Union, the leave and Stay Campaigns have suspended their campaigns and Prime Minister cameron is not going to speak tonight. He is not campaigning. Ashley canceled his experience. Stuart it was a political shooting. I noticed the stock market has come back a little bit. I hesitate to link. Ashley there has been a reaction, time to ratchet down the rhetoric and talk about issues. Liz janet yellen cited the threat of the uk leaving the euro zone. Stuart if it was a political shooting of someone on this day side that would encourage the stay side, maybe the net income on politics and money. Out of time. Charles payne, it is yours. Charles stocks are taking a hit for the sixth day in a row. We are as Stuart Varney pointed out off of earlier lows but it looks curious right now. Just one week from the critical uk vote investors are worried, welcome to cavuto coasttocoast. Im Charles Payne in for neil cavuto. You have the uk, Global Economic tension and terror, all of them spooking the market. Want to go to two market guys, filson, michael bloch, if investors should seek safe havens. We have seen gold rallying, treasury yields dropped dr