Transcripts For FBC Varney Company 20170220

The race to chair the party, and hes thrown his support behind the far, far left candidate congressman Keith Ellison. Chalk this up as a win for the unhinged left. Wait til they see the president s new immigration order set for release sometime this week. In new york i am a muslim demonstration yesterday. The president s order, the new one, reportedly keeps travel restrictions on those same seven predominantly muslim countries. The left can do what it likes, we will celebrate president s day, we are on the air live. Our competitor is not. So sit back and enjoy [laughter] politics and money on president s day. Varney companys about to begin. Stuart as the song says, we are, indeed, taking care of business while the other guys are on tape. N i think theyre selling bed sheets or something at the moment. [laughter] ashley, as one immigrant to another, im very happy to be here. Yes. Greetings, everyone. Stuart yes. The markets are closed, but with we are here and very happy to be so, ladies and gentlemen. Hold on a second, let me get this right. There will be not my president s day rallies at various locations today. Not sure what the turnouts going to be. It is all part of this resistance movement, resistance to President Trump. Tammy bruce is here. I think these demonstrations today will dominate local news, but i think theyre losing steam. My question is, how successful has the delegitimize Trump Movement actually been . I think its been very successful to give President Trump more success, higher numbers. Theyve illustrate thed the nature of how void, how say bid the left is. I think they should continue. I think the American People dont like what theyre seeing. The rasmussen daily tracking poll today for the president be, hes at 55 approval stuart wait a second, and ive not seen it. Stuart rasmussen poll and going up. At 55 for the last, well, week. Actually, since his press conference. And this is what were seeing. Were seeing people who are activating as being against something, against president s, against our system versus a president who is saying america first, having ideas, having policies. So i think its having a negative impact. Also after this day without an immigrant last week, there were some protests which were sparsely attended. And be one of the arguments by the organizer was, well, weve been doing a lot of protests, and people are tired. Well, you better get ready, because theres going to be eight more years of this to go, folks. Stuart your point is that these demonstrations, which have been almost daily, noisy and raucous around the country, they dont have much impact on everyday america as witnessed with by the rise in the Approval Rating for donald trump. Right. Stuart but that is a new rasmussen poll today, because ive not seen that. Its a rolling threeday poll. Tip and rasmussen got it right, the National General election. So when we look at these threeday rolling averages, it really gives you a good sense of how the American People are feeling, and in this case the American People are liking donald trump more every day. Stuart i find that fascinating, because the media is blanket antitrump in the most extreme fashion, and the people dont care. Very interesting. Heres another one for you, the New Hampshire Democrat Party chair, his name is raymond buckley, hes dropped out of the race to run the Democrat Party machine. Instead hes now endorsing minnesota congressman Keith Ellison. So hes gone from mocking the left, which he did last week mr. Buckley to joining the far left. Yeah. Stuart do you remember ray buckley was on this program last week. Roll tape. But what we need to do is acknowledge that there was a lot of anxiety. And and while the economy was significantly better after eight years of barack obama, it was not where it was for the average working class family to feel that their future was moving forward and that they could actually fulfill the american dream. We should have addressed that more. I think its the anxiety that exists not just through the midwest, but throughout the entire country. Its very real. Stuart so why did that gentleman, ray buckley, switch to the far, far left and support congressman Keith Ellison to run the Democrat Party machine . The democrats theres no such thing as a centrist democrat who can do anything these days, it seems like. Yeah, and, look, normally a old decisions going to make a decision based on if they can make a deal, if they can have a voice. Certainly he perhaps saw there was no way forward, or hes seeing internally that theres still more support for mr. Ellison. But at the same time, youre looking at, i believe, a lack of general leadership in the Democrat Party which is why this is occurring. Because if mr. Ellison is chosen, the ultimating in identity politics, thats really going to be a signal that the democratic partys finished. Stuart James Freeman is with us, wall street journal editorial page writer. I am really shocked to see the center of the Democrat Party just disintegrate and flow to the far left. Yeah, i think this really is the legacy of the obama era. There are no moderate democrats left. Tom perez, the opponent here, was, you know, the centrist candidate in the context of this this race. [laughter] very hardleft guy who spent years in washington right. Stuart hold on a second. We should explain this. There is a race to chair the Democrat Party apparatus known as the dnc. There are two candidates, its come down to two leading candidates. There is the former labor secretary, mr. Perez, and there is congressman Keith Ellison. I think both are on the far left. Right. Yeah, the perez agenda in washington was wealth redistribution, it was racial grievance. Only in this Bizarre Party that really as weve seen is no longer represent aring much of the country do you have this competition between left and hard left. Stuart the worlds turned upside down. Yeah, yeah. This is the obama effect. He radicalized in a way both parties. Stuart okay. Now, i know our viewers love politics, and well get back to it in a moment. But we have to spend a little time dealing with money. Kraft heinz, they have dropped the 143 billion offer for unilever. The deal would have crypted a truly global created a truly global to do giant, dominating supermarket shelves. Oh, my god. Stuart so the obvious question, why did they withdraw . Well, came out valued, unilever, at 143 billion. I think they didnt want to get into a protracted counteroffer and so on, and so they pulled back and said, no, unilever said this doesnt make strategic sense. I think both sides said the Business Models of these company, theyre not conducive to a merger. Its a wakeup call for unilever because they turned down 50 a share, theyre around 42 now, so theyre going to have to do some things to keep their shareholders happy. Ultimately, the two cultures just wouldnt mesh. Stuart hold on a second, the wall street journal wants the weigh in. [laughter] politics is one thing. This underlines cultural differences here. A big issue, apparently, is unilever likes its sustainability projects. They have a social agenda along with their business agenda whereas heinz, a little more focused on the bottom line. I think unilever management didnt necessarily want that hard core sort of turbocharged, american style capitalism yeah, a culture clash. And its going to be interesting now to see what the shareholders of unilever feel about that as the stock drops all the way to the end of the [inaudible conversations] you know, the margins are so much better opinion kraft than unilever because they are more focused on the bottom line. Stuart how committedded are the unilever people to in this sustainability . Its a greenie kind of thing to me. Well, its interesting [laughter] hong the big investors, one of the reasons its hard to take over this company is because included among the investors, you have various shares in hands that are not necessarily looking exclusively at the bottom line. And, you know [laughter] heinz stuart im laughing, im sorry. Im laughing because wilders may win the election in holland, and he doesnt care much about sustainability, i dont think. Not at all. A change there. The new heinz motto should be make heinz great again [laughter] and then everyone will be together on the same page. Stuart all right. President trump, oh, is he back in Campaign Mode or what . At that rally in hell bourne, florida, saturday melbourne, florida, saturday afternoon. Roll that tape. This is a great movement, a Movement Like has never been seen before in our country or probably anywhere else. This was a truly great movement, and i want to be here with you, and i will always be with you, i promise you that. Stuart i think we have of to get used to this, because its a very different style from the president. Are you used to it yet, james . Well, i think he has figured out that this is the only way he can really get his hedge through the media, is to go back to holding the campaignstyle events, possibly encourage or, you know, hope that media people feel compelled to carry the events live so that he can speak directly to people. Stuart its just, its such a brash style, isnt it . Yeah. Stuart hes got a very loud voice, and hes there, and hes kind of off the cuff a lot of the time. Theres some prompter there, but weve never seen that from a president before. Yeah. Stuart ive never seen that. It does take some getting used to. I didnt think it would work. This is why i try to have a little humility when im analyzing this guy because mid 2015, i didnt think hed ever be present. Given where we are, i think we have to say this is not the traditional president ial style [laughter] thats an understatement. But yet its also not a normal can bigs that he assembled stuart two of the greatest understatements ever. [laughter] look, hes in his element there because he became president due to his unique personal be connection with the American People. The only way you can maintain that is through the rally dynamic. And he enjoys it. We also know that. This is not a struggle for him. This is what he wants to do. And i notice mrs. Trumping also seemed to be hutch more comfortable, much more willing to be herself, and that was beneficial. Stuart im just fascinated, that rasmussen poll be, 55 percent approval out today yeah. Since its president s day, were looking at this entire last week, also friday. But thats what you get atlas miss seven daily tracking, 55 . Stuart all right. Thats politics. Lets get back to money. The markets are closed today, but if you look at the futures, they give you a sense of where the market may open tomorrow. Up, basically. The other guys, off the air. Were open for business. And get this, youve got to listen to this one, one market watcher says the dow could hit 30,000 by the end of President Trumps first term. The guys looking for a headline, and theres lots of caveats there thatll do it. Stuart but we got your attention. All right. Flood warnings in effect for parts of northern california. New storm coming expected to bring maybe 5 inches of rain. Forecasters say heavy flooding is very likely. Just look at that map. Politics, President Trump back in Campaign Mode. He wrought one of his supporters on stage. Were going to be speaking with that gentleman on this program, hes name is gene huber. His how many and dad were watching at home, nearly fell off their chairs. Good story there. And. And now six members of the super bowl winning new england be patriots say theyll not go to the white house to visit President Trump. Were on the story. Back in a moment. Stuart look at this, weve got a launch, and weve got a return to earth, both successful. That is spacex. I guess thats good news, ashley . The falcon 9 rocket. You remember, last september they had that spectacular explosion. This time it was a success. The rocket goes up, its taking 5500 pounds of supplies, experiments and cargo up to the International Space station. Even better, the booster rocket which theyre trying to recycle, came back down and landed on land very safely too, so they can reuse that. Success all the way around. I was just looking at this, you know, spacex as well as boeing, spacex is supposed to take astronauts at the end of next year. Stuart what . Yes. Stuart really . Yes. Would you want to be on the first flight . Stuart no, but thats not the question i is asked. [laughter] they have a plan and a schedule stuart just going up into space. Yes. Human beings as opposed to stuart theyre not going to the hoon or or hards, just says. Or mars eventually. Youre not going to go. Stuart im not, no. Serious subject, here we go. Six patriots players say theyre going to skip the white house meeting with President Trump. That breaks a long tostanding tradition. Burgess owens is the author of a great book with a fabulous title. Ill read it for you. Liberalism or how to turn good men into whiners, weenies and wimps. Hes a former super bowl champion too. [laughter] good to see you again. Seriously now, there seems to be a racial element in a lot of black sports stars not being with President Trump, opposing President Trump and saying it publicly. I find that regrettable, that there is that racial element this it. Well, it comes down to being educated. And if i would have had the chance to talk to these young men, i would tell them to look at trumps new deal. We have the first president since lincoln to actually put together a last a platform, something that actually deals with the black lives, an emancipation proclamation in lincoln, we thousand have a new deal. Stuart whats the nature of those ten points . What exactly it comes down to freedom, it comes down to education, opportunities, doing the things that the democrats have not done for the last 50 years. Democrats have survived on black misery, and the worst thing for them to have happen is a republican to turn that black community around. And its all the democratic bags champions. Stuart well, youre tighting the haven stream media to some degree, and ill back that up with this, weve got a headline in the New York Times, why donald trump doesnt understand black life, and the article goes on to say that mr. Trump has long trafficked in racist rhetoric. So, basically, the establishment is saying donald trump is a racist. You cant get anywhere near him. Im going to tell you something, we have a problem even deeper than that, and im going to point to the black democratic congressman who sat back and watched misery for decades and done nothing, the elijiah cummings, the john lewises and the black caucus. They are the problem. They not only have sat back and done nothing, but theyve been cowards in terms of standing strong for half the black community. Were talking about policies, not racial issues. And if we ever come to the point we Start Talking about those policy, i think well be in a position to help our communities move forward. Stuart the president is going to meet with the congressional black caucus. Im glad to hear that, and id love for them to have conversations about the new deal. America needs to know there is a plan in place. Go to the net and see theres a new deal for black americans that the president is talking about. Of if we implement that, were going to have hope, entrepreneurship and opportunities coming back to the black community again. Stuart its a pleasure to have you in the studio, i can actually shake your hand. Thats kind of cool. Good to be here. Stuart all right. President trump is planning on signing a whole new executive order on travel restrictions, should be doing it this week. Ive got a question, will this new one stand up in court . Well deal with it in a moment. With x1 you get the best of the oscars. Youre a funny guy. Funny how . How am i funny . Scorsese finally wins. Could you double check the envelope . Show me best picture. Whats the difference . Show me best actor. I do not take tonight for granted. Thank you so very much. Get all the greatest scripted and unscripted oscar moments on xfinity x1. The oscars, live sunday, february 26th 7ea4p on abc. Stuart the Trump Administration plans a new immigration order this week after courts held up the haas one. Whats in the new one . Here we go. Actually, you know, the same seven countries that are the focus of this remain the same. Seven terror hot spots, iran, iraq, somalia, syria, sudan, libya and yemen. However, take a look at the details, there are exemptions in this new order, we believe. They would include green card holders, travelers with visas, here we go, and dual citizens. Now, these three items there should because some people were trapped in that Group Overseas this is all done, of course, to get past the court that currently has this travel restriction upended. Stuart tammy, i though youre not a lawyer, but do you think this one is going to pass legal review . In its certainly going to be challenged. Yes, it seems to address what the courts have been saying. At the same time, its at least 60,000 visas that are outstanding within those seven cubs to 100,000 countries to 100,000. That means those individuals are still going to be allowed in the country. Lets hope that they work on that vetting in the meantime when it comes to actual entrance. But if they have the visa, theyre going to be able to get in, and its a lot of people. Theyre going to say its a muslim ban. Stuart it will be challenged, yes. It will survive. Theyve got it. Stuart look at futures, please. This would give an indication of how the market would open if the market were going to open. The answer is it would be up, significantly so, actually. How about this . One market watcher says if President Trump gets all of his policies and the economy does grow 4 , well be at 0 be ,000 on the dow by the end of the president s first term. Got your attention. Then there is Rush Limbaugh, he says flat out the russians had no impact on our elections. How about that . Well be back. It is preposterous to believe that the russians had any effect on the outcome of voting in this country. Its absurd, there is no evidence, zilch, zero, nada. Diabetes, you may know what its like to deal with high. And low blood sugar. Januvia sitagliptin is a oncedaily pill that, along with diet and exercise, helps lower blood sugar. Januvia works when your blood sugar is high and works less when your blood sugar is low, because it works by enhancing your bodys own ability to lower blood sugar. Plus januvia, by itself, is not likely to cause weight gain or low blood sugar hypoglycemia . Januvia should not be used in patients with type 1 diabetes or diabetic ketoacidosis. Tell your doctor if you have a history of pancreatitis. Serious side effects can happen, including pancreatitis which may be severe and lead to death. Stop taking januvia and call your doctor right away if you have severe pain in your stomach area which may be pancreatitis. Tell your doctor right away and stop taking januvia if you have an allergic reaction that causes swelling of the face, lips, tongue, or throat, or affects your breathing or causes rash or hives. Kidney problems sometimes requiring dialysis have been reported. Some people may develop severe joint pain. Call your doctor if this happens. Using januvia with a sulfonylurea or insulin may cause low blood sugar. To reduce the risk, your doctor may prescribe a lower dose of the sulfonylurea or insulin. Your doctor may do blood tests before and during treatment to check your kidneys. If you have kidney problems a lower dose may be prescribed. Side effects may include upper respiratory tract infection, stuffy or runny nose, sore throat, and headache. For help lowering your blood sugar talk to your doctor about januvia. Stuart it would be the market would open higher if the markets opened today to. Its not, but you can tell that from the futures market. These are futures contracts indicating maybe how the market will open tomorrow, because it does reopen then. In the background here, weve got one market watcher saying that the dow could hit 30,000 at the end of President Trumps first term if he gets his way with all of his legislative proposals from tax cuts to growing the economy. James freeman, still with us from the wall street journal editorial board. Youre not a market watcher well, i do watch the market. [laughter] i am a market watcher. [laughter] stuart 30,000 on the dow if he gets everything he wants. You going to shoot that down . I wouldnt shoot it down, its the getting everything he wants is going to be the tough part. But right now we have got a pretty sweet policy mix. I think eventually those Interest Rates are going to have to come up, they should come up. But in terms of the short term for stocks, when youve got loose Monetary Policy and youve got finally a government in washington that wants to reduce regulation and taxes, corporate earnings going up, theres really not a reason that they shouldnt be rising now. You look at how companies are able to fund themselves, buy back stock, theres just a lot of reason to see these shares keep going higher. Stuart theres just so much stimulus for the economy. Yeah. Stuart an infrastructure plan of a trillion dollars over ten years, tax cuts for businesses, individuals, Small Businesses, deregulation. What youre doing, youre chucking a ton of hundred right into the middle of the economy. Well, i think the infrastructure plan, you hay be doing that, and thats where youre not going to get the same bang for your buck. But if you change the incentive on taxes and regulation, youre going to see higher corporate earnings, more growth, more investment in productivity rising as a result, and thats how we get the higher wages. Stuart i dont want to be cynical, but if you want to get a headline, if youre maybe some rather obscure analyst [laughter] if you say to 30,000 on the dow industrials by the end of the you get peoples attention. You do, but id like to point out just to wring politics into it a little, this is not just the deplorables in the middle of this country who think that the president is doing well and they like his program. This is really investors not just in the United States, but around the world. Obviously, u. S. Markets closed today, but european stocks rising lately because they think hurricane is back as a Growth Engine america is back as a Growth Engine for the world. So these are sort of a Worldwide Community of deplorables [laughter] who are suddenly more bullish on the economy. Stuart last word. You know, barrons, theyre not obscure, they said 0,000 too. Stuart did they . They certainly did. He gets his policies in place, doesnt get involved in the trade war, theres no reason that the market stuart by 2025. Let me just add that, yes. That is a great point. The trade is the big if. Yeah. If he actually got the trade restrictions he wants, thats a wig wreak on growth. So i think big break on growth. I think hes going to get tax and regulatory relief and not go as tar as stuart james, stay tuned, because weve got the chair of the house ways and means committee, kevin brady, on the Program Later today. Now, defense secretary mattis, hes arrived in iraq. Hes made it clear the u. S. Not there to take iraqi oil. Come in, general jack keane. Lets get to the big picture before we deal with taking oil or not. Is the add managers going administration going to put new, fresh troops into iraq and or afghanistan . Whats the program here . Well, first of all, we can assume that general mattis as secretary of defense has been briefed on the pentagons plans to defeat isis. This is what the president asked for within 30 days. Hes in iraq right now to look the commanders in the eye, make sure they have all the resources that they need to finish the job this support of the Iraqi Security forces in mosul and also to finish the job in syria. Im absolutely convinced if they need more resources, unlike what has happened in the past with president obama, they will get those resources. So that is largely the purpose of the visit. The second purpose of it, certainly, is to provide support for the host government this baghdad, the government of iraq. Stuart okay. So hold your horses, because the cavalrys on the way. Not necessarily the american cavalry, but the resources. General, hold on for a second, ill come right back to you, i promise. Rush limbaugh dismissing russian influence on the election. He says that is preposterous. Roll tape. In my view, it is preposterous to believe that the russians had any effect on the outcome of voting in this country. Its absurd. There is no evidence, zilch, zero, nada. The New York Times has run two storieses that are basically propaganda on this, one in october and one this past week. And both stories clearly say no evidence, nobody theyve talked to has any evidence whatsoever to suggest it. Stuart okay. Well, its a big story, and rush being as dramatic as ever right there. Tammy, what do you say . Look, this is turning out to be the new birtherrism. Its a story that really has no foundation, its meant to delegitimize the existing president and it should be, i think, handled as such. As limbaugh noted, that theres in the coverage, this is a statement that already was what the fbi is doing. Theyve found absolutely no evidence to any of the claims. Stuart james, quick comment . The governments in the russia have been running propaganda to undermine our political system for roughly the last century. Its good that [laughter] the left is finally concerned about this. [laughter] but, no, i dont think it knew the election. Stuart all right. We dealt with that. Got it, got it. Now lets get back to general jack keane because we have news that rumps personal lawyer, michael cohen, handdelivered a plan to lift sanctions on russia, handdelivered that plan to the former National Security adviser, general flynn, just a week before general flynn resigned. General keane, come back in with the big picture, please, because it seems like theres some stuff going on in the background that implies an overall big deal with the russians. Is that accurate . I dont think its accurate at all. I mean, what we have here is a story, front page story above the fold by the New York Times, to be sure, on something that we dont really have evidence of. And, listen, inside government, inside the National Security apparatus that President Trump has, im talking about secretary of state, secretary of defense, the cia, the nsc itself, there will always be disagreements over policy issues and also sometimes over execution. I personally think that is good government. And to suggest because a lawmaker in ukraine gave a lawyer who President Trump has worked with a piece of paper suggesting a different approach in terms of our policy implementation, what has that got to do with something actually happening here . It does not. Thats the point. The reality is there is no evidence at all that i am aware of, and the president has said the same, that links russia at all with anything prior to this election. And certainly now there is linkage. We have diplomats talking to each other, as it should be. Stuart so there could be sort of a master agreement with the russians that wraps everything all up and neatly seals it . Is that a possibility . Well, certainly its a possibility. But heres what i think. One is every, all the advisers that President Trump has this close to him, secretary of state, secretary of defense, the cia and the apparatus in the National Security council, they are all very cleareyed about russia. They know for a fact, and have said so, that russias been trampling on u. S. Interests for years. It doesnt mean that we could not engage russia at the same time were deterring russia. But we must be willing to confront this aggressive behavior. I cannot imagine that this administration would make concessions to russia without something very positive in return. Not happening. Stuart i liked what general mattis said to the europeans last week. Hey, defend yourselves, start sending some money on defense or else. I bet you liked that too. Oh, i absolutely do. Theres only five out of the 28 countries that meet the stated objective of spending 2 on defense of your gross domestic product, and thats got to change. Also they should be providing specific military capabilities. I would go beyond that 2 and demand that, of countries various military capabilities that would help nato be a successful and effective organization. We need nato, stuart. It has been the most successful Political Military Alliance in history, thats the result of it. And the only time theyve ever gone to war as a group is because of 9 11 and the United States being attacked. So theres something to work with there, and we should continue to do it. And the Trump Administration is absolutely right in pressuring them to ante up the Financial Support for the organization. Stuart okay. General keane, have a good president s day. Well see you again soon. You too, stewart. Stuart how about this . If your state runs into financial trouble, why dont you with raise the tax on guns. Thats what theyre considering doing in connecticut. Raising the cost of a gun permit by about 30 to 0 . Thats 300 . Thats not iting well with the gun owners in that state. Well be back. Oh, no, wait a minute. That. [laughter] a trump supporter lets not forget this. Theres more. Stuart trump supporter in florida up on the stage jumps over the barrier. Trump says a star is born. That gentleman is on the show next. When President Trump during the election promised all these things that he was going to do for be us, i knew he was going to do this for us. [cheers and applause] when President Trump during the election promised all these things that he was going to do for us, i knew he was going to do this for us. [cheers and applause] a star is born. [laughter] stuart hes here. The man who was on the stage with the president , his name is gene huber. There he is, and hes joining us on the show. Gene, before we go any further, i want you to tell us the story about your mom and dad. They were watching you at home. Okay. Stuart tell us the story. Yes. Theyre just sitting at home watching the rally like any normal family would do [laughter] and all of a sudden they see their son pop to up on stage. They literally fell backwards. [laughter] they were so shocked. Stuart well, you must have been shocked when the president just picked you out of the crowd. What was the first thing that ran through your head . Ill tell you, i could not believe i was this shock myself. I saw him point at me, i was like, is he pointing at me . And, you know, it all started because i was the first one on line, you know . Thats how it started. Stuart theres another story i want you to tell our viewers. As i understand it, first thing in the morning youve got a cardboard cutout of our president in your house. Yes, i do. Stuart what do you do . Absolutely. I walk in, i salute the president. Good morning, mr. President. [laughter] i pray for your safety, i thank you for what you do for us, have a wonderful day, and i move on. [laughter] exactly right, stuart. Stuart whats the reaction of your coworkers . You work in a car dealership, i know that. Yes, i do. Stuart whats the reaction of your coworkers . Well, you know, its me and my buddy that actually do it, best friend of mine named tom connor, so i really dont have too many people around us in that way. But just the friends and the people that have seen me on tv, its just, its outrageous. Stuart youre having a good time. Oh, i really am, really am, stuart. [laughter] you know, im just here to be the spokesman right now for our president as well as our movement, you know . For me to take this opportunity to be in front of the camera. Im going to do this for him. Stuart okay. One more thing i want to get to. Melania trump. Now, shes being vigorously attacked by the left because she recited the lords prayer or to start the Campaign Rally this florida. I want you to tell our viewers, because you were in the audience at this point to. Youd not gotten on the stage at this point, i dont think you had. What was the reaction of the crowd around you when she recited the lords prayer . About love, love. We all bowed our heads, we all put our hands together, we all said the lords prayer with that beautiful first lady. It was a wonderful thing. Theres nothing wrong with it. This is what donald, President Trumps doing, hes bringing back god into our country again. This is so important for us. To have the lord or again. It was wonderful. Stuart gene, i was sitting at home with tens of millions of other people, and i have to tell you that i was vised. I was very surprised to see the first lady do that, because im just not used to it. Ivelyed in america for 40 years, i cant remember a lick official going up a public official going up to the start a meeting with the lords prayer. Were you surprised . Youve got to have been shocked, and so was the crowd, surely. Well, you know, President Trump, he did not even know she was going to do it, and that shocked him as well. So, you know, for her to have that planned is wonderful. Because this is what we need. We need this freshness of love, and god is brought back from President Trump now in our government and in our country. Stuart how many tv interviews have you done since the event . Oh, boy. I think i lost count, stuart. [laughter] stuart you know you lost your voice. Yeah. Its better though. I i know you got connections, you tell sean hannity i want to throw that football around with him. [laughter] stuart where are you at the moment . Im in west palm beach, probably 20 minutes away from mar rah maralago. Zero stuart got it. What are you going to do for the rest of the day . I have another interview to do today, wherever else comes up i can be the spokesman for the movement and our wonderful president , im going to do that. I just want to Say Something on a sad note, my wonderful grandmother whos 90 years old, she happened to pass away this morning. Oh. Yes. And she happened to see me on tv yesterday, and she had the biggest smile. But i just want to say to my nana, youre in heaven now with the lord, and the my mother and father, i love you. Stuart gene, thats a wonderful story, and we feel for you. Thank you. Thank you so much. Stuart from all of our viewers, and thats a fact be, sir. Thank you, stuart. Stuart you come on again soon. I would love to, sir. Stuart you will. Thank you very much. Gene huber, what a guy. His enthusiasm. Stuart i love it, dont you . Now this, its from connecticut. The democrat governor proposes new gun fees. All right, ash, give me the story. Yeah,s this is not going down well. Certainly, democrat governor dan malloy, he wants the raise the fees on background checks and gun permits as much as up to 400 in some cases. A fiveyear pistol permit go from 70 to 3000. First 300. Firsttime permits doubled. Background fees going up 25 per check. It would raise 11. 6 million per year because connecticut is in desperate, you know, budgetary problems. Ge moved to boston. And, you know, the governor and his taxing ways has created a lot of this. But to this point, gun basically, trying to wail out the bum on the back of gun owners. Its up constitutional. This is like a poll tax. Youre dealing with something that is a constitutional right, and youre making it financially inaccessible to those who are poor on or on the edge, so that needs to be challenge, because you cant do that. A constitutional right is a constitutional right. You cant, you cant shut out the disenfranchised, the poor from a right that they should enjoy as well. Also you lose sales, youre losing the revenue from the sales taxes as well, so its a ridiculous proposal. Stuart just antigun period, isnt he . Yep. Stuart how about this . Bill gates says if robots take human jobs, they should pay taxes. I suppose thats rational. [laughter] well explain that thought. And, yes, the markets may be closed today, but we are open for business. Ask the market continues to hit records for the dow, the s p, the nasdaq gone straight up since the election. Now, thats a story that have, and well be back. We asked people to write down the things they love to do most on these balloons. Travel with my daughter. Roller derby. Now give up half of em. Do i have to . This is a tough financial choice we could face when we retire. But, if we start saving even just 1 more of our annual income. We could keep doing all the things we love. Prudential. Bring your challenges. This is judy. Judy is 63 years old. Her mortgage payment is 728 a month. Thats almost 9 thousand dollars a year. Now judy doesnt think that shell be able to retire until her mortgage is fully paid off. This is mike. Mike is also 63 years old. His mortgage payment was 728 a month. 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In the first year, mikes cash flow savings totaled 8,736. After 5 years, it will be over 40,000. It really is worth a call to find out if a reverse mortgage can help you too. Call one reverse mortgage now and ask for your free information kit. Stuart the worlds richest man is bill gates. He says robots that take away human jobs should be taxed. Whats that well, they should pay their fair share. He says, look, an estimated 50 of jobs performed by humans thousand are vulnerable to robots, so he said they should be paid or they should pay taxes to make up for the loss of taxes not being paid by humans which they say could result in a loss of 2. 7 trillion in the u. S. Alone. Now, get this, get this [laughter] no big surprise, but the European Union has already debated this, and companies who operate robots instead of humans would have to pay, essentially, the taxes that a human would pay. Stuart im just surprised to hear bill gates, the technology guy right. Stuart technology reduce the work force all over the world, now wanting to show down the march of technology to replace humans. Maybe hes feeling guilty, who knows . Stuart another day of protest is happening today. This is president s day, but there are not my president s day marches in some parts of the country. Look, heres the backdrop to this. The left gets all the publicity out front, but as i understand it, theres now a much more vigorous conservative movement on the college campuses. Well, look, because you can call it conservative, but really liberals used to stand for freedom of expression, and they want it there. Theyre having their demonstrations in cities, and thats fabulous. On campus, of course, its squashed. But what we do know be also is that legislators in at least six states have sponsored bills to protect freedom of speech on campuses by outlawing unconstitutional speech restrictions and allowing students to sue if their speech, if their First Amendment rights are stopped. So this is now a nationwide movement. At least certainly legislators are recognizing this, passing unanimously, theres been very little fighting against this, so this is at the core of the american sensibility. Stuart a new free speech movement, id like to see that. 55 years after mario savio in berkeley, california. With right, yes. Stuart i remember that well. [laughter] President Trump, the show rolls on. Question have you ever seen a first lady warm up a crowd by reciting the lords prayer . Ill answer that rhetorical question for you at the top of the hour with my take, and we will be back. As after a dvt blood clot,ital i sure had a lot to think about. What about the people i care about . 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Plus had less major bleeding. Both made eliquis the right treatment for me. Ask your doctor if switching to eliquis is right for you. The whole country booking on Choice Hotels. Com. Four words, badda book. Badda boom. Let it sink in. Shouldnt we say we have the lowest price . Nope, badda book. Badda boom. Have you ever stayed with Choice Hotels . Like at a comfort inn . Yep. Free waffles, cant go wrong. I like it. Promote that guy. Get the lowest price on our rooms, guaranteed. When you book direct at choicehotels. Com. Book now. Stuart you dont often see a first lady warm up the crowd but on saturday afternoon on a warm day in florida, that is what Melania Trump did. She walked to the mic. The crowd roared their approval. She said let us pray. She recited the lords prayer. Like so many in this very young presidency weve not seen anything like that before. For a generation, americas leaders have rarely put christianity on display. Our Society Moves heaven and earth to, forgive the expression, heaven and earth to banish religion from public life. Wellfunded athiest groups go to court to ban nativity scenes, Christmas Trees and crosses from the public square. Along comes the first lady in front after large crowd on National Television and she recites the lords prayer t was a surprise to everyone. The left hated it. Social media filled with sarcasm and insult, i will leave it at that approval or not, the first lady laid down a marker. This presidency will not be bound by the lefts grip on our culture. For years the left kept america in secular humanist straitjacket. They tried to make everyone publicly conform. Along comes the brash, unconventional donald trump, breaking all the rules and the first lady recites the lords prayer. Say it again. You have never seen anything like this before. The second hour of Varney Company is about to begin. Let us pray. Our father who art in heaven, hallowed be thy name, thy kingdom come, thy will be done on earth as it is in heaven. Give us this day our daily bread, and forgive us our trespasses, as we forgive those who trespasses against us. Stuart i will say it again. This was Melania Trump citing the lords prayer at a saturday afternoon in florida. Weve seen a lot. Pastor Robert Jeffers is with us. Were you surprised . I was sitting at home and watching, i was genuinely surprised. I have not seen anything like that from at least a generation from our leaders, how but . I was gratified, stuart, by what i saw and heard but it is keeping in what i know about the first family. Their faith is a very private thing to them but very important to them. But stuart, ive got to say, all of this shows the hypocrisy of the liberal left. For the last week the left has been hyperventilating over President Trumps criticism of the president as though he were endangering the First Amendment. The well the left needs to remember the same First Amendment that protects the freedom of the press also guaranties the free exercise of religion for all americans, and that includes Melania Trump. Stuart do you think this is the start of a more muscular christianity from the tom of our leaders, a start of something very different . I think it is continue wages of it. For the last yearandahalf donald trump has said that he does not think christianity ought to be marginalized in our culture. And i think youre seeing that on display right now. Around ill tell you another piece of irony, stuart. I believe had this been another first lady and had she been reciting a hindue or muslim prayer, she would have been celebrated by the left for inclusivism. To the left, only religion it is safe to attack is conservative christianity. Stuart what do you make of the separation of church and state . After all she is the first lady and she recited the lords prayer . I guess you could make the claim that they shouldnt be doing that. What say you, about church and state separation in this instance . Well, first of all the separation of church and state is found nowhere in the constitution. Whatever it means, we could have a whole discussion, it doesnt mean the separation of faith from public life. Stuart, america was founded as christian nation. The Supreme Court said that in 1865. In 1892. Why we welcome people of all faiths or no faith this is country was built on a judeochristian foundation and the first family is simply carrying on that tradition. Stuart ive got to say that of all the things that President Trump has done, all the reversals of what weve seen in the past, nothing surprised me quite as much as Melania Trump, first lady of the United States, reciting the lords prayer. Last word to you. Well, as Johnny Carson used to say, more to come. Stuart you think. I think you will see a lot of surprises in this administration. Yes, how refreshing it is. It is should be not only for christians but people of all faiths to see faith celebrated like the first lady this past saturday. Stuart certainly a shakeup . Yes. Stuart a shakeup 1 2. Pastor jeffers, things for joining us as always. Thank you. Stuart now we have protests against the president S Immigration order being held in cities, over the weekend. There were several. Today, there are demonstrations and protests in favor of not my president s day. There are val rallies across the country. From the washington examiner, byron york is with us. Byron, one month in, all we hear about, rather small demonstrations in sort of big cities across the country which leads me to think that publicly, i think the left is losing some steam. What say you . Well, they are pretty small and they do attract disproportionate amount of attention, although we should say right after Inauguration Day the socalled womens march here in washington was really, really big. Basically it is just a fact of News Coverage that protests seem to attract disproportionate amount of coverage. That is what is going on. If you look at the polls, trump seems to be very steady with the people who voted for him. The new fox news poll, job approval i think has him at 48 approve, 47 disapprove. Not very different from the Election Results. Stuart byron, we have a new rasmussen poll, tracking poll, came out today. 55 approval of President Trump. That is a very strong number. And that came after the fiery press conference. I dont think it was taken after the florida event but certainly after some of the more vigorous performances by the president recently. Rasmussen uses a different voter screen and gotten ahigher Approval Rating for trump than some other polls. I always thought it is good idea to average the polls together. Some go as low as low 40s. Rasmussen is top at 55. Cut it in the middle i think the fox poll is right there in the middle. I think basically the support for trump is kind of like the Election Results last november, not really a surprise for a president doing precisely what he campaigned on doing. Stuart this new immigration order were expecting sometime this week, we dont know exactly when this week, it will include the seven alreadynamed predominantly muslim nations. Is it going to pass legal muster . Well, my guess is ultimately yes it will. The thing is, there were two constitutional issues raised against the current executive order. The first was that it allegedly deny due process to some people that wanted to enter the country. The other was unconstitutional religious discrimination against muslims. First of all if trump rescinds that executive order and issues a new one, all the lawsuits against the old one go away. But, around i think trump will fix the problems on the due process complaints. However, i think we should expect a ton of lawsuits against the new order alleging that there is some sort of unconstitutional religious discrimination. Trump has a very strong case against that argument. But well probably see it go to the Supreme Court can. Stuart we shall. Byron york as always,. Thank you, stuart. Stuart see you soon. Back to all the demonstrations weve been seeing recently. We hear of dozens of workers who took part in the demonstration last week, it was a walkout, the day without immigrants protest . We hear some of those workers who walked out have been fired, cheryl. Dozens have. Several were told by their bosses do not take tomorrow off. There will be consequences. Of them now have been fired. The first start with 12 latino employees at the i dont care bar and grill in tulsa, oklahoma. They were fired. They thought they were going to get reprimanded. The boss said dont take the day off. Were staying open. Er this now without that. Six people fired from the jobs at bahama breeze, king of prussia, pennsylvania. I could go on and on the 18 workers, bradley coatings, another part of the country, told you need to come to work. There are several instarses of small business. The Small Businesses need workers there. We hire you to be there. Stuart if you deliberately walk out of your job for a political purpose knowing youre going to hurt the business that employs you you have ground to be fired. Ashley what do you expect will happen. Stuart if youve been warned in advance you can expect it be fired. This whole thing was an attempt to, to distort President Trumps position on immigration. He favors get deporting criminal illegals. These demonstrators are try toking say President Trump and america hates all immigrants which is clear nonsense. You cant expect, to be in this country, we work. Americans like to go to work. How much vacation do we take versus the europeans you know . So if you want to be america work here in america, join the russ of us that worked on thursday. Stuart you realize ashley and i ashley we showed up. I was there with you. Stuart were immigrants. Yeah. Stuart i like being i really do. How about this one . Here is success for you. Elon musks space firm, it is called spacex, successfully launched a rocket carrying a cargo for the International Space station, and better yet the rocket successfully landed back on the launching pad back in florida. That is a success. Up without a hitch. Down without a hitch. Ashley there you go. There it is. That is very cool. Stuart it is reusable. Ashley yes. Stuart that means private enterprise is introduced something very interesting in our space program. Good point about the launchpad as well. Stuart it is one that the moonshot took off from there. Look at that. How do they do that . Ashley coolest thing ever. Thank you very much. Stuart i changed my opinion on elon musk. [laughter]. The New York Times says President Trump doesnt know anything about black life. What do you youtube stars, diamond and silk have to say about that . You will get an earful in a moment, let me tell you. Dear predictable, theres no other way to say this. Its over. Ive found a permanent escape from monotony. Together, we are perfectly balanced, our senses awake, our hearts racing as one. I know this is sudden, but they say if you love something. Set it free. See you around, Giulia Stuart as we told you for most of morning, and youve seen it, Melania Trump cited the lords prayer over the weekend. The left was utterly outraged at this especially on twitter. Ashley will tell us then what happened . Ashley one particular very nasty, vial, twitter account that went on and on about melania. Can only imagine what they were saying. I will not talk about it, with our colleague here at fox business, Courtney Crawford said, what are the rules . Why is this account still up . Why isnt being suspended. They posted here are the rules. Putting pressure, now we understand the account has been suspended. Very, very vial reaction to the first lady reciting the lords prayer and bringing in all sorts of issues. Stuart it is free speech, isnt it . Ashley it is free speech but at some point stuart you have to see the rules. What are the rules . At what point do you break those rules. What is vial or what not. This is vial by anyones standard. Stuart dont read it. Ashley i am not going to. Stuart now this. This is cool, so im told, foxs gary best gastelu, driving allwheel drive challenger, doing doughnuts into the snow. Gary, are you telling me this is the First American allwheel drive muscle car . Is that why youre doing this thing . Ashley there he goes. It is first allwheel drive twodoor muscle car, thats right. Dodge is the first one. Charger, fourdoor had, a lot of people are not buying car because they need allwheel drive. This great track happens to be covered in snow today. Normally wouldnt do this in a muscle car. This is fantastic. They tuned it still can do doughnuts. It acts like a rear wheel drive car. But when you get stuck you have the traction. Im not having trouble getting out of these turns. Stuart the fact it is all wheel drive, that is a first for a muscle car, is that correct . Thats correct. You cant get a mustang with allwheel drive. You cant get a camaro with a allwheel drive. This is competitive advantage for dodge right now. This car has been on sale since 2008. It is one of the oldest cars of the market today. They keep reinventing it. Last two years, best sales yet. This should help them get more sales in the 17 snow states and snow belts. Stuart gary, i want a truthful answer to this question. If i were to drive that car at my age, and do what you are doing now, would i look ridiculous . [laughter] you would look fantastic this is perfect for you. Remember the original challenger was, 50 years ago . So, you know, i think it is from your era anyway, stuart. Stuart 50 years ago. Owe got that in. Im not a very good driver. Im not a good driver. This is making it look very easy. Ashley how cool. Stuart i do remember 50 years ago. Ashley yes, you do remember. Stuart i do remember it, yes. It is not that far away. Ashley see you do that in the chrysler van. Stuart cant do that. But i did own a porsche 911. Oh. Stuart with one of those whale tails to stablize it. Big fat racing wheels. I can see you channeling your inare james bond. Stuart yes but that was a long time ago. I cant drive a car like that these days. Gas gas he is doing doughnuts in an hour. Well get back to you. How about this snap, used to be called snapchat, but now snap. There are reports of a secretive Product Development lab. Anything new. Ashley begins its road show in london a today, out there saying we can build hot hardware gauge gets and some software. Well be a lot more than an app which provides disappearing messages that is the word as it drums up excitement for the ipo. A lot of questions being asked. What do you value this company at . They reduced value down to 19 billion at the low end. User growth is dropping off. They cant make money. So as they hit the road today in europe to Start Building momentum for their ipo, theyre trying to say ah, well be basicallys turn themselves into a camera company. That is what we hear. Another example of investors have to be careful when you get the big flashy ipos. Dont listen to what Goldman Sachs tells you about the company and how great it is and valued at 25 billion do your research, understand what the company does and do you believe in the business model. A lot of times it isnt fleshed out. Stuart Cheryl Casone not that much in favor of snap. Ipo. It is fun for an app. Stuart how about this one for you, a driver caught riding with a lifelike dummy in the carpool lane. This is in tacoma, washington. Ashley hello. Stuart the blonde mannequin was buckled into the passenger seat. It was fined for speeding. That happens a lot in los angeles. Ashley goodlooking. Stuart would have fooled me. We have a new study, that says the dow could hit 30,000 at the end of the trumps first term. It is not a study, but a headline by a guy. Well have them for you in a moment. Stay there. Your Insurance Company wont replace the full value of your totaled new car. The guy says you picked the wrong Insurance Plan. No, i picked the wrong Insurance Company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. And if you have more than one Liberty Mutual policy, you qualify for a multipolicy discount, saving you money on your car and home coverage. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Stuart kind of laidback. I remember that, mamas and the papas from way back when. Monday, monday, laidback ashley california laidback sound. Stuart our competitors may be laidback because theyre not on the air. Theyre actually sleeping i believe. But we are alive and well and were eager to cover politics and money. Ashley never a dull moment. There is plenty to cover today. Stuart aint that right, cheryl. Thank you very much. For a start, take a look at this, headline, New York Times, oped page, why donald trump doesnt understand black life. Well, lets get an answer to that one from youtube stars diamond and silk, former democrats turned very eloquent trump supporters. Diamond and silk, welcome back. Always good to see you, ladies, how are you. Thank you for having us. Stuart okay. You used to fill out each others sentences now you speak in unison. What would you like to say to the New York Times when they say, hey, trump president , doesnt understand you, what would you like to say . Well the New York Times is lying. President trump do understand black life. He understand the black lives of chicago that has been rivetted by crime. He understand the urban and inner cities needs to be rebuilt in detroit. He understands that black lives need jobs. They need opportunities. They want to be entrepreneurs. So he understands black lives very well. And he also understand that black lives are included as americans, and thats why we are allamericans first. Stuart well the times says that mr. Trump, here is the quote, he has long trafficked in racist rhetoric. What do you say to that . Thats a lie. Thats a lie. You know what . When i look at some of these groups like the naacp and the congressional black caucuses, these people are supposed to represent black people they dont represent black people building up inner and urban cities. They havent thought of that idea. Thats right. Theyre so busy trying to fight the president , how about coming together so that we can build and inner and urban cities. Exactly. So President Trump is only one talking about it. And when they cant be right, they call him a racist. Stuart what do you make of the president s style, especially at that rally in orlando, im sorry in florida over the weekend . Seemed to us he was back in campaign style. Did you like it . Listen, we was there. We were on stage. We opened up for it. We loved it. Stuart you were there, i didnt know. I didnt know. What did you say . We was there. He won this campaign by the people. We were so happy at that he was back out there with we the people it will take we the people to make sure everything is in line of the agenda being pushed. Borders are secure. Jobs will come back where we can thrive. Baby, this country will be safe again. Stuart lots of protests around the country today. The protests are called, not my president. It is president s day, they are saying you are not my president. What is your response to that . Go ahead. Well, if you are an illegal i immigrant, you may be right. Go back to your country and live with your president. What i want to say to liberals and tearyeyed snowflakes. Get on the trump train or get the hell out of the way before they melt away. Thats right. Baby, he is already in the white house and if you live in the United States, he is your president. Stuart you know, when i do interviews, i often lean in towards my guests like im doing now. Kind of lean in. But when you ladies are on the screen, i got to whoa, get right back, because youre coming at me like a freight train. I like it. Will you come again . We will come again. Choochoo, baby, yes. Stuart did you get a lot of recognition in florida . We sure do. We got a lot of love in florida. Shoutout to all of our fans. We love you all. We love you all. Stuart love having you on the show. Youre lively. We like that. Thank you the. Stuart you come see us again soon. Thank you, ladies appreciate it. Diamond and silk, absolutely unique. At the rally. I didnt know that. Stuart i didnt know. Because the cameras didnt take the rally until melania. I didnt see them warming up the crowd. Ashley there they are. Stuart lots of recognition. I wish i could have seen that. Ashley how great is that . Stuart yes. Look, if youre a trump supporter that is good stuff. If youre not a trump supporter, you dont like it. That is the way it is. Investors will not like this. Leading senator Lindsey Graham, he says there are nowhere near enough votes in the senate to pass the house tax cut plan. Watch out. There is a story for you and were on it. When youre close to the people you love, does psoriasis ever get in the way of a touching moment . If you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with taltz. Taltz is proven to give you a chance at completely clear skin. With taltz, up to 90 of patients had a significant improvement of their psoriasis plaques. In fact, 4 out of 10 even achieved completely clear skin. Do not use if you are allergic to taltz. Before starting you should be checked for tuberculosis. Taltz may increase your risk of infections and lower your ability to fight them. Tell your doctor if you are being treated for an infection or have symptoms. Or if you have received a vaccine or plan to. Inflammatory bowel disease can happen with taltz. Including worsening of symptoms. Serious allergic reactions can occur. Nows your chance at completely clear skin. Just ask your doctor about taltz. Stuart senator Lindsey Graham is not confident, actually he is throwing a lot of cold water on the house taxcutting plan, which speaker ryan tried to sell to republicans in the senate. Listen to senator Lindsey Graham. The congress is stumbling. Republican ins the congress. Were all tied up in knots. The house is talking about a tax plan that wont get 10 votes in the senate. So it is just not the administration that has got problems. Republicans in the house and the senate have problems and i hope we will get our act together. Stuart i will repeat that. Not 10 votes in the senate for the tax plan that House Republicans are coming up with. Coming on here now is kevin brady, chair of the house ways and means committee. That is the committee that writes the tax plan. Congressman, that was pretty strong stuff from senator graham. He seems, i believe it centers on the border tax, the border adjustment tax. Thats the problem for the senate. Is that accurate . Well, im not too worried about that. Look, we still have more work to do. Were going very bold on tax reform so america can leapfrog back in the lead of the pack as most progrowth places on planet. No one can defend the current tax code that favors foreign products over u. S. Products. We want to senate to continue to look at it. I was encouraged by the former ceo of walmart bill simons commen look at the whole blueprint. It is awfully progrowth. Border adjustability is a piece of that. It encourages boards and ceos to look not just as the short term but long term where it takes the country. Were asking lawmakers to do the same. Stuart congressman, i have to press this, when senator graham says you wont get 10 votes for a taxcutting plan, you wont get 10 votes because it contains the border tax, that is very strong stuff. Are you going to keep that border tax in your tax cut proposal . Absolutely. Heres why. We are not going to continue the current tax code that favors foreign products over u. S. Products. We proposed that all these products be taxed equally in the United States, at the a same low business rate of 20 . That does a couple incredit ab things. One, it is progrowth and proconsumer. Secondly allows us to simplify our International Tax code to become competitive. Here is the maybe the most important thing. We eliminate through that provision, along with our low rates, and no longer taxing worldwide, we eliminate every tax incentive to move jobsoff seas. In fact just the opposite. We reestablish america as a magnet for new Business Investment in the 21st century. So we are thinking long term. That is why were going so bold. Stuart there is one forecast that the dow will hit 30,000, it is at 20,000 now, the forecast it hits 30,000 at the end of President Trumps first term, if he gets his entire legislative proposal through the congress. It is enacted and we get 4 growth. I put it to you, congressman, if the border tax is a Sticking Point and the senate wont go for it, you will not get the entire schedule through congress on time. Will you . Well, i dont know that i agree with that, and im, ill tell you this, we are Building Support every day for taxing products equally in the United States. People are slowly starting to realize it is key to lower tax rates for businesses of all sizes. Its key for us being able to export our made in america products around the world which today gets slapped with import taxes in other countries. It is tough for them to compete. And tax them equally as well. You have really made america a strong location for that new job, new Business Investment. So just have to tell you i think at the end of the day, let me predict for you, stuart, this will be part of the overall tax reform. Stuart the border tax is really about paying for the tax cuts for businesses and individuals. Thats what it is all about. No, it really isnt, sir, i apologize here. This is about equal taxation in the u. S. It is meeting what our competitors do to it our americanmade products. They slap taxes on them when they enter the country. They take it off their products in the United States. Were about the only country left, other than cuba and north korea, a few others that dont do that. Leveling the Playing Field here in the u. S. Is incredibly progrowth and at the end of the day it will be part of the tax reform blueprint. Stuart we appreciate you coming on board today, on a holiday. Im sure it not a holiday for you, sir. Youre hard at work. We thank for taking time out. No it is not. Thank you, stuart. Stuart kevin brady, everyone. Sure. Stuart i have a headline for you. Were taking a look at, look at this. Im a democrat and excia but the spies plotting against trump are out of control. Who said that . Former cia Operations Officer brian dean wright who is with us now. So, lets see now, thats strong stuff. Yeah. Stuart do you think you will catch these people who are doing it . We have to, because the consequences we dont, if we allow this continue to move forward are dramatic for the republic. You cant have a group of unelected individuals who gets to be the political winners and political losers. That is deeply problematic for this country. Stuart it is sabotage. It sure is, sabotaging the Trump Administration because you dont know when the leaks will stop. It started this fall with the whole dossier, cia director brennan pushing it forward but not Intel Community information. We have continuing leaks. Allegations of holding back intelligence. There has been a game being played for the last number of months and it is not good for this country. Think about this. In four years if the liberal spies as it were get their way, all right, conservative spies deal with 2020 Bernie Sanders president. They will want revenge. That is the slippery slope i am deeply concerned about. It happens other places and shouldnt happen here. Stuart youre excia operations manager. That is what you did. Operations officer, thats right. Stuart surely people within the cia dont want this kind of thing. They are professionals and they obey the boss and the boss is the president. You bring up a very important point. Our spies are working very hard to keep this country safe, lower middle tiered spies doing gods work. They dont get involved with this goofy stuff. Who is doing, 7th floor, senior folks used to be the with the Obama Administration. I have credibility. I worked there a year ago. They wanted jobs in the Clinton Administration and didnt get them. With we have a little bit of that going on. Connection between President Trump and his cadre of followers, his administration and russian government. That needs to be investigated and it should be but needs to stay within the department of justice and congress where it belongs. It should not be prosecuted in the New York Times, cnn and the rest. Stuart suppose one of the leakers is caught and they know he or she did it. What should they be charged with . My goodness. I know where they need to go. Stuart what should they be charged with . Treason. Breaking u. S. Laws around classified information. That is the lowest of hanging fruit. More difficult challenge from prosecutorial perspective would be treason. Absolutely these folks doing this, there needs to be a penalty paid and it needs to be severe. Stuart odds are we will not catch them. Very difficult . It is not impossible. Auld rich james, in 80s and 90s, he said i get to know what the country ought to do the. I will talk to the russians and follow National Security according to my own conviction. We can do it, find these guys, but we can do it. Stuart brian dean wright. Interesting stuff. Pleasure as always. Stuart now you remember all this stuff about a boycott of i have have you been can trumps line of products. You have teen all of this. I have news about the perfume line. Read the banner on the bottom of the screens. Tell about her perfume is number one on amazon. Number one still as of right now. This is the fourth consecutive day her perfume has been number one on amazons bestseller beauty list. That beauty list includes everything from toothpaste to cologne for men. Number one, and prices are starting to go up. Has five stars as a rating because it started to sell out. People are having a hard time getting a hold of it. People on amazon are writing i really like the perfume. I used to buy it at nordstrom. I cant get it there anymore. Theyre coming to amazon. Amazon smart company, absolutely weil sell you to you for a premium now. 44. 71. It was 34 bucks. So the price has gone higher on amazon believe it or not. Stuart thats a good story. I like to talk about this. Stuart thank you, cheryl. How about this . The mayor of london attacking President Trump saying the president should be denied a state visit to the united kingdom. How about that . Well be right back. Every chip, and every putt, is data that can make the difference between winning and losing. The microsoft cloud helps the pga tour turn countless points of data into insights that transform their business and will enhance the game for players and fans. The microsoft cloud turns information into insight. Ashley now this. Conservative radio show host Rush Limbaugh dismissing russian influence on the election as preposterous. Listen what he had to say on fox news sunday. Roll tape. In my view it is preposterous to believe that the russians had any effect on the out come of voting in this country. It is absurd. There is no evidence, zilch, zero, nada. The New York Times has run two stories basically propaganda on this. One in october and one this past week. Both stories clearly say, no evidence, nobody they have talked to has any evidence whatsoever to suggest it. Stuart a draft of President Trumps revised immigration and travel restrictions, according to the wall street journal, a draft of that new restriction, it targets the same seven countries listed in the original executive order, but, it allows in, freely visa holders, green cardholders around dual citizens. Got it . Missouri secretary of state jay ashcroft is with us. The obvious question, jay, will this one pass legal muster . I think without any doubt it will, thank you for having me on. Obviously there will be people that will complain. You can File Lawsuits for any reason. Clearly this executive order as weve seen drafts of it is well within the Constitutional Authority for the president of the night. Stuart because it cleans up the mess that was created when we didnt realize who was covered by the First Executive order and who wasnt. It cleans it up. That is why youre saying it is okay . Yeah. It is much more clear. If you look at what the District Courts opinion was though it wasnt very clear. Some of the things we mentioned were concerns about green cardholders and other people that already had the right to be here. What weve seen of the draft it is clear that those individuals have the right to be here are not excluded. Were making sure that people would come here to do us harm are not allowed in. Stuart but a corporation, which has employees, which might be affected by this new executive order, they could still go to court and say, i have standing, we have standing in this court, because, our people will be harmed. It doesnt get rid of that whole class of litigation, does it . No. As i think, everyone has seen, you can sue for almost any reason in the United States. Unfortunately we have frivolous lawsuits all the time, but with what i have seen on how this draft will be written, when it gets to judges that actually interpret the law instead of deciding what they want the law to be, it will stand. It will be good law and right thing to do for the people of this country. Stuart it will be legally challenged. Will it go the same path . Will it go again to the ninth Circuit Court of appeal which is the most liberal and overturned in the country . I would assume it will. If i were going to litigate this, commonly called the ninth circus court of appeals jokingly. Some people say it has been keeping the Supreme Court in business for decades so they have cases to hear. They will go there but at some point it will come to judges that will look at the law and instead of opposing their own will, they will come back to the rule of law and say this is appropriate under the constitution and the laws of the United States. Stuart how many state attorneys general feel the same way that you do . How many will publicly say it and how many understand that . I would say the vast majority of them understand that the rule of law is a founding principle of this country and would agree with that. For political purposes obviously you have some that are on opposing political sides that will make arguments in the other direction. But clearly we all need to have a rule of law where you know what the law is, it is what it says and we know how we can act. Under that approach this executive order will be upheld. Stuart jay ashcroft, thank you for joining us. Great attorney general for the great state of missouri. Thank you. Thank you for having me. Stuart the mayor of london says president should not be allowed to given a state voice to it britain. Ashley sadiq khan, he says, President Trumps travel restriction, shameful and cruel immigration policies and we should not roll out the red carpet for President Trump. Parliament also is debating this petition to stop President Trumps visit from being a state visit. What a state visit mean . You get all the pomp and circumstance. It involves reception by the queen. Now the petition says it will be too much of an embarassment for her majesty to meet with President Trump. Now there is counterpetition saying the uk is a, one of the strongest believers in free speech. Donald trump is leader of the free world. He absolutely should have a state visit. Stuart cheryl. Is this the same country that wanted to leave the European Union because they were tired of immigration and problems with regards to immigration . Just checking if i missed something. Ashley yes. Stuart sadiq kahn, the mayor of london was all in favor of brits staying in europe. Ashley of course. Stuart they voted to leave europe. The people voted like they did here so. Stuart they did. Got it. And this. Florida, Miamidade County voting to drop its sanctuary status. Lawmakers heckled by protesters. The crowd yelling shame on you. One woman hollering may god have mercy on your soul. The mayor of miami defends his decision in the next hour. He is with us. [ dog barking, crashing ] so when you need a dog walker or a handyman, we can help you find the right person for the job. Discover all the ways we can help at angies list. Of silver last year at their 2 mexican mines. Their recent mine acquisition in peru, once fully operational, stands to increase their production up to 75 percent. Great panther silver wont replace the full value of your totaled new car. The guy says you picked the wrong Insurance Plan. No, i picked the wrong Insurance Company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. And if you have more than one Liberty Mutual policy, you qualify for a multipolicy discount, saving you money on your car and home coverage. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Stuart before we go any further, i want you to tell us the story about your mom and dad. They were watching you at home. Tell us the story. Yes. They were just sitting at home watching the rally like any normal family would do. And all of sudden they see their son pop up on stage. They literally fell backwards. They were so shocked. Stuart you must have been shocked when the president just picked you out of the crowd. What was the first thing that ran through your head . I tell you, i could not believe it. I was in shock myself. I saw him point at me. I was like, is he pointing at me . And it all started because i was first one in line. That is how it started. Stuart there is another story i want you to tell our viewers. As i understand this, first thing in the morning you have a cardboard cutout of our president in your house. Take me through your morning. What do you do . Absolutely. I walk in. I salute the president. Good morning, mr. President. I pray for your safety. I thank you for what you do for us. Have a wonderful day. And i move on. Exactly right, stuart. Stuart what is the reaction of your coworkers . You work in a car dealership, i know that . Yes, i do. Stuart what is the reaction of your coworkers . Well you know, me and my buddy actually are best friend of mine, tom connor. I dont have too many people around us in that way. Just the friends and people that, seeing me on tv, it is outrageous. Stuart are you having a good time . Youre having a good time, i know you are. I really am, i really am, stuart. Im just here to be a spokesman for our president as well as our movement. For me to take an opportunity to be in front of a camera, i will do it for him. And want more coverage, guess what . You could apply for a Medicare Supplement Insurance Plan whenever you want. No enrollment window. No waiting to apply. That means now may be a great time to shop for an aarp Medicare Supplement Insurance Plan, insured by unitedhealthcare Insurance Company. Medicare doesnt cover everything. And like all standardized Medicare Supplement Insurance Plans, these help cover some of what medicare doesnt pay. So dont wait. Call now to request your free decision guide. It could help you find the aarp Medicare Supplement plan that works for you. These types of plans have no networks, so you get to choose any doctor who accepts medicare patients. Rates are competitive, and theyre the only plans of their kind endorsed by aarp. Remember these plans let you apply all year round. So call today. Because nows the perfect time to learn more. Go long. Stuart it was early 1960s and was a teenager just getting interested in politics. I heard on the news about awry yacht at an american university, berkeley, california led by a name named mario sabio, in those days political activity believe it or not was bound on the berkeley campus. Sabio launched the freespeech movement and he won. My, how times are changed. There are now riots at berkeley where the left is denying free speech to anyone who doesnt share their views. Well, hold on, everybody, because the times are changing again. Conservatism is now on the rise on campuses and in britain. They wont debate ideas, theyll just call you names and try to shut you down. That has produced a vigorous backlash. Young americans for liberty has expanded to 804 chapters with over 300,000 members. Socalled speak easy groups are flourishing where students can express conservative opinion. One british study say it is current generation of students is the most conservative since 1945. What a wonderful thing this is. The essence of a University Education is free and open debate, you test your views in intellectual combats. Thank goodness its making a comeback. Something is going on. Its hard to put your finger on exactly whats going on but the signs are everywhere. Free speech on campus, who would have thought . Oh, to be young again. In the third hour of Varney Company is about to begin. [laughter] stuart i like that. George michael, freedom on this president s day. By the way, we are working the other guys are not. Lets get to your money. One market say that is the dow could hit 30,000 at the end of President Trumps first term if he gets all proposals and the economy grows at 4 . Do all of that and we will hit 30,000, so says one market, watch out. Lets bring in another market watcher that joins us from capital wave strategist, i believe hes out in the hamptons. Is that where youre at . You must be making a ton of money. [laughter] stuart theres always caveats, you have to get the entire legislative on schedule and then youll hit 30,000. There are a lot of assumptions in the reports, stuart, and those assumptions can come through and i still think that the market can get to 30,000 in four years anyway. 9,376 points from where we are today, sounds like a lot in dow, we came up 2,000 points in what four months. So is it possible to do 9,376 in four years, yes, thats entirely possible. The metrics are possible because as i said on your show the other day, there are fewer shares available for investors every day bybacks, mergers and acquisitions and the market has a firm bid under it and if we get any of Donald Trumps proposed promises and the market can certainly do that. Its entirely in in the realm of possibility. Stuart you know what everybody else says, as soon as the market goes wildly bullish, its the time to sell, they always get it wrong, time to sell, get out while you cant. Youre not going to discount that argument completely, are you . Yes, i am going to. Back in 2009, a lot of folks say get out, the higher we go, the more dangerous it is. If you havent gotten anywhere along the way, you would be sitting on the sidelines making markets making record highs. If you have money, its time to put money in gently, not at one time but best to play the entire market. When the earnings come at, they get clobbered. But the market itself has a firm bid under it and has a long way to go. Stuart an end exfund, basically, something that track it is dow, s p or the nasdaq, tracks the financial stuff . Yes. Stuart thats the way youd go . Thats a safe way to go because its easy liquidity. You can pick an industry. An entire market. Theres all kinds of best ways to play this. Investors on the sidelines and they may be a little bit nervous and should be, the entire market is a very safe place to be. With the market where it is, you can put stops in your order ifs you start to lose a little bit, wait and get back in. But you have to be in because we may continue to go higher. In 2009, everybody who waited is crying right now. Stuart you know, if youre wrong you wont be joining us from the hamptons, youll be joining me in new jersey. [laughter] thats the way it works. Thats a fine place, i would be happy to be with you. Stuart you have a deal, sir. If we get all the president s proposals and the economy grows 4 , youre saying 30,000 is not out of the question four years from now. Interesting. Not at all. Stuart thanks for joining us. A lot of people expected that the not my president s day rallies which will be held across various parts of the country today protesting President Trump, of course, dane joins us, apple metro ceo. I kind of like you. I would like to know whats wrong with new jersey. [laughter] stuart youre a ft. Lauderdale kind of guy . No. Stuart beating that drum all over the place, i think its losing some steam. Any change, you know, requires or creates backlash. Change is scary, change is worrisome and same ole is comfortable. Hes more changed than what we have experienced in the last number of years or backlash. Stuart i think it was last week, thursday or wednesday, there was i know what youre going to say. All immigrants, foreignborn, close your business and dont go shopping. Some of the people who did that left their jobs have been fired. Yeah. Stuart a hundred people. Youre in the apple business, youre in the food service business, would you have fired people who didnt show up . Well, franklyic they got fired for a different reason and has nothing to do with anything other not being engaged in your job. They were what we call in this business nocall, noshow. They didnt say they werent coming in, they didnt ask for permission and that didnt show up. That merits firing today as well as the immigrant day. It has nothing to do with that. Having said that, so help me god, i do not know a Single Person that went into that works for us and we have thousands that marched in that protest. Not one. I dont know of one. Im not telling you out of the thousands we havent had one but i dont know of a single one. Number one, number two, we have laws. They come here with those laws and you abide by them or dont come here. Stuart sure. But im compassionate, i need to say for people who were born here, some of our best, best people were immigrants, correct . Stuart sure. Im talking to one, in fact,. They know the rules, they know the laws, come in and thats what it is. Stuart when i came 40 years ago there was no question about it, you overstayed your visa or came across the border illegally, you were toast, you were gone. Nowadays if i criticize someone who was here illegally im a racist, im antihispanic. Its the law of the law is and if you dont come here intend to go abide by the law, you should go back quite frankly. Lets not confuse what the immigrant day was, people that did a nocall, noshow would be termed no matter what day it was, whether it was day or not. Stuart ceo walked away, resigned, what do you make of that . Thats what the press said. Stuart and what do you say . I think it takes a different skill set to operate a Large Company in a difficult time than it does the retreat is more difficult than the charge and when applebees was the thousand pound gorilla, still is, by the way, it takes skill set and she did quite well and bumps in the road, the legacy brands, big names that have been around start to hit some turbulence and the skill set that it took to work through that is a different skill set. Having said that, she picked a an initiative two years ago which was new stakes, hand cut, change grills, turn and it didnt work. The consumer rejected it and when the consumer rejected it, she didnt respond quickly enough. If the consumer accepted it and went straight up, she would be getting big bonuses, wouldnt she . Who wears it . Stuart i i dont want to cross you. You always can. About ten sec. Thank you very much for joining us. Thanks so much for having me. Stuart sure thing. Two items on immigration, first President Trump plan on signing a whole new executive order on travel restrictions, should be doing that this week, details coming up. Second item, miamidade vote to end sanctuary status, the mayor of miami will join us in just a moment. No matter how the markets change. At t. Rowe price. Our disciplined approach remains. Global markets may be uncertain. But you can feel confident in our investment experience around the world. Call us or your advisor. T. Rowe price. Invest with confidence. If over time it can lead todry cavities and bad breath. 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Joining us carlos gimenez, mayor of Miamidade County. Your honor, welcome to the program, very good to see you, sir. Nice to be here. Stuart sir, most areas which have a large number of hispanic people within them are very strong on maintaining the sanctuary city status or sanctuary area status, why is it that you have gone to get rid of the sanctuary status . Well, we never considered ourselves to be a sanctuary city or Sanctuary Community here in Miamidade County. That label was put on us back in may of 2016 by the Justice Department and the Obama Administration because we refused to honor detainer requests unless the federal government would guaranty reimbursement for the costs of those detainers, that policy was implemented back in 2014 and because of that policy, the Sanctuary Community or possible Sanctuary Community was put on Miamidade County. We simply reversed that resolution that called for that reimbursement and once we did that, then that that issue then is behind us. Stuart what is the relationship in Miamidade County, whats the relationship now between ice, immigration officials at the federal level and local Law Enforcement . Whats the relationship between the two . Well, theres always been a communication, at least in terms of sharing of information between Miamidade County and all federal agencies and so our what we do is if you get arrested for committing a crime in miamidade, we will fingerprint you and take your picture and send that information around the nation. Ice is the one that tells us that they have an interest in the individual and so for the last couple of weeks since since weve changed the policy here, weve had Something Like 50 detainer requests, most of these are repeat offenders, a lot of them have pretty serious crimes but we actually dont know who is an undocumented or illegal immigrant here when we arrest you. Thats not what we do. We do our job and ice does their job. Thats the way it should be. Stuart why sit that some sanctuary cities elsewhere in the country are still strong on maintaining the status, they have organized taxpayer funds to defend illegals who are swept up in this instance . Why are they so strong in maintaining the sanctuary city standard . Is it votes, is it local voting, is that what its about . If you ask me politics has to do with it. The immigrant makeup here in miamidade is different than in other parts of the country. But we basically have never thought ourselves as a sanctuary city. We cooperate with the federal authorities. Our Police Officers are not now and will not be immigration officers, thats the job of the federal government, but if somebody is arrested here in Miamidade County, we share that information with federal, state, local Police Agencies across the country, whether you are a citizen, resident, visitor or immigrant or undocumented immigrant, it doesnt matter to us. Now, if ice wants us to detain that individual, we will do that for 48 hours regardless of the fact if they will pay us for those costs or not. Stuart okay. Carlos gimenez, mayor of Miamidade County, thank you for joining us, sir, we appreciate it. Thank you. Its my pleasure. Stuart your honor, thank you. Now this, the Trump Administration is planning a new immigration order this week, maybe this week after courts held up the original immigration and travel restriction order. Can you spell out what will be in the new order . Ashley ill still targets seven countries that were identified in the first order, terror hot spots but here are the exceptions that we believe will be contained in this new order coming out this week sometime. They include green card holders will be exempt as will travelers with visas and dual citizens. Those are the folks that got caught up in the first round of this stuck overseas when they had valid visas, they were green card holders and dual citizens. That has been addressed. Stuart so therein despite the fact that theres probably 60,000 visa holders from those seven countries ashley yes. Stuart they would be allowed . Thats a key difference. Ashley people will be saying, youre still targeting the seven countries and that is unconstitutional because youre basing it on faith. Majoritymuslim countries. Stuart its going to go back to court . You know its going to go back there. Stuart its been slimmed down. Ashley itll be interesting. Stuart bill gates, hes the worlds richest guy. He says if robots take a human job, the robot should pay taxes. [laughter] stuart isnt that interesting . He has displaced a lot of human beings now want to tax robots. Your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you get punished for using it . News flash nobodys 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 claims centers are available to assist you 24 7. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance stuart its president s day and this is happening right now. The ceremony in mount vernon virginia, it is celebrating the 285th birthday of our first president , george washington. Right there in mount vernon happening now. Billionaire and the worlds richest man, robots that take a human job, those robots, you have to tax them. You want to explain that ashley yeah, but do they get a refund and who files for them . Bill gates say they are stealing human jobs and they should pay their fair shares of taxes otherwise we are going to have a massive deficit 2. 7 trillions if you are a bunch of machine that is will do the work of people that would normally get salary and pay taxes. That idea is floating around in the eu, in europe, the europe lawmakers proposed and was rejected but profits on robots could be used as a tax offset. In other words, they have to find a way to make up for the taxes, as you point out bill gates was instrumental in letting takes jobs away from people. Stuart how many people lost jobs when microsoft came . Ashley 50 of jobs could be replaced by a robot. Think about that. [laughter] stuart ned was his name and smashed the mills, the cotton spinning machines in 1850 because he was ruining the rural economy. Thats part of the reason. Ned was around before 1850. Alevel history. [laughter] excuse us, ladies and gentlemen, a couple of brits live about their youth. Its president s day, we are working, our opposition, our competitors are not, end of story, welcome back thanks for doing this, dad. So i thought it might be time to talk about a financial strategy. You mean pay him back . So lets Start Talking about your longterm goals. Knowing your future is about more than just you. Its how edward jones makes sense of investing. 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One of the problems that youve had with free speech in american campuses that its free speech for me not to be. So what you have is a strange orthodoxy which has effect on american society. Stuart this is the home of mother of all democracies, i would think so. I would think so. If you look at people like hannon he would be outraged. Stuart interesting guy. A wonderful guy. Stuart articulate sort of fellow. Not necessarily a trump supporter. Not necessarily a trump supporter but a brexit supporter. Stuart theres also a move to stop President Trump making a state visit to the home of britain, din we are the queen and salute, that would be a dreadful snub and i cant believe the brits would do it. That makes good tabloid reading but i dont think its going to happen. Stuart now, you mentioned that conservatism on american campuses being kind of relegated being pushed out. We believe that its actually starting to come back. There are various conservative groups which are expanding rapidly on campus. Im sure would be please today hear the this i also think its not true because it may be true with students but find the faculty member that is represent the counterparts of the students. Im the chairman of association of scholars, a group of people who believe in free and open exchange of opinion. We have 3,000 members. There are 3 faculty members in the United States. So we are a tinny, tinny portions of those faculty members that believe in the idea of free exchange. Stuart have you having to deal with the boycott israel . We certainly are. I wrote a book about the subject, yes, indeed, i feel strongly about it. Stuart how does that did he feel come to american campus where you dont want anything to do with israel . Whats going on here . What you have to understand the leftwing orthodoxy has become on campus. During the course of my experience, one of the things i discovered that very few faculty members were able to embrace a different opinion than theirs. If you believe differently, youre going to be chasing by the experience. Stuart faculty in american universities today is largely made up of the students who were in revolt in the 1960s, they graduated from revolt against vietnam and favored civil rights, they graduated towards a farleft socialist position. This is the tenyear radical. The tenyear radical is the member who runs university in the United States. Obviously there are exceptions. There are exceptions but by in large this is the prevailing view in the academy. Stuart so you dont think that this conservatism making an appear appearance amount to more than beans . You have all the conservative groups across the country, people like there were wonderful scholars who fall into the category, by in large, unless faculty members embrace it and administrators, has very little meaning. Stuart when you were a student and i dont know which college you went i went to colombia. Stuart you went to colombia . Were you a radical back in the day . Yes, i was. I stood against it and i was called a radical for taking the position. I hold the same position today and im called a conservative. Stuart were you ever on the left . I was on the left, before i was mugged by reality, i was on the left, absolutely. Tauter stuart what stuart what changed you . Meeting people and understand the way markets think. Stuart you had to stop paying a strong tax rate . [laughter] always a pleasure to be with you. Stuart President Trump now cutting coal regulations, you know that. He appeared not too long ago with a whole bunch of miners in virginia. Question, can that bring the coal industry back anywhere close to where it was . Personally, i dont think so. Robert joins us now and hes the senior of mnari editor corporation. Hes smiling because he heard my opinion that coal cannot make a comeback to where it was and you are going to take me on, arent you, sir . Well, i think so to a point, stuart, and good morning. The coal industry, youre correct cannot come back to the 1. 2 billion tons of production that proceeded barack obama and his democrat friends. They destroyed the industry down to 760 million tons now. It cant come back at the same time china Coal Production moved up to 4 billion tons. We are one sixth or so of the chinese industry now. It cant be brought back but if he creates jobs as he says he will do and the economy grows, people in their homes dont use much electricity, stuart, but the factories do. Stuart what about the price . Frankers are producing enormous quantity comparing with coal. Can you compete on price . Yes, i can. The problem is we have windmills and solar panels that get 30 tax credit. Coal costs 4 cents a kilowatt hour. Wind mills and solar panels cost 26 cents a kilowatt hour and they get subsidy from you the taxpayer. Get the government out of the energy business, put it back to private enterprise, not government enterprise and you give me the ball, stuart and i will compete with natural gas all day long because my coal is cheaper than natural gas which has been 15 cents a kilowatt hour. It is lower than that now but we can take them on but we need to get the government out, we need to get a level Playing Field and coal can complete. Stuart any environmentalist who is watching the program, they are saying, you, sir, robert murray, you are a polluter, you are going to produce more coal, we are going to burn more coal and we are going to get a whole lot co2 emissions and you, sir, are killing the planet, thats what they are saying, whats your response . My response isly take what the obama epa said in his study, you can shut down every coal fire plant, stuart, in the United States of america and it would have inmeasurable effect, thats their word on global temperatures, 0. 0degrees fahrenheit, that is inmeasurable. Stuart so, youre not a polluter and youre going to produce more coal . I care just as much about the environment as radical environmentalists but i also care about jobs and america. It was so reward to go see my coal miners there on thursday with the president with their boots on in the oval office. Stuart are you going to hire more coal people in your company . Yes, if we can get the markets back. The bill he signed thursday was just the start. There are many, many more that we have to get rid of including the clean power plant which my company has to stay before the Supreme Court last february. We have to overturn that. We have the cut the bureaucracy in washington for at least half. We have to get rid of subsidies for windmills and solar panels and then we will get down to lowcost electricity, my coal miners will come back to work as the economy grows. Stuart always a pleasure, thanks for coming on this president s day. Thank you, sir. Ashley unilever said not interesting. That would be 143 billion. Ultimately people on both sides said the companies would have a hard time meshing. Theyll but a culture clash and ultimately they felt it wasnt going to work. An interesting story in the Financial Times this weekend saying that downing street, theresa may got involved and we wanted to know whats going on that heinz craft we wanted to take over unilever. They are strongly denying that. You need to ask why contract heinz why they pulled off. Stuart but its off . Ashley for now. Stuart he dropped out of the race to run the Democrat Party, hes actually dropped his own candidacy and is endorsing the man on the right, minnesota congressman Keith Ellison, what barkley has done is mocking the left to joining it. We will be back ashley President Trump promising big tax cuts. Hes got a plan to get it done. Roll that tape. Rrer not we are not going to continue current tax code. We propose that all these products be taxed equally in the United States. The same lowbusiness rate of 20 . That does a couple of incredible things, one its progrowth and proconsumer and secondly allows us to simplify our International Tax code to become competitive. No longer taxing worldwide, we eliminate every tax incentive to move jobs overseas, in fact, we reestablish america for a magnet of new business in the 21st century, so we are thinking longterm, thats why we are going to bullish. Call. Punch. And paycheck. Youve earned your medicare. It was a deal that was made long ago, and aarp believes it should be honored. Thankfully, President Trump does too. I am going to protect and save your Social Security and your medicare. You made a deal a long time ago. Now, its congress turn. Tell them to protect medicare. Stuart ray buckley chair it is democratic party, he was running for chairing the National Party and appeared in the program last week. Listen to what he had to say. But what we need to do is acknowledge that there was a lot of anxiety and while the economy was significantly better after eight years of barack obama it was not where it was for the average workingclass family to feel that their future was moving forward and they could actually fulfill the american dream. We should have addressed that more. I think its the anxiety that exists, not just through the midwest but through the entire country. Its very real. Stuart this was last week. Centrist democrat for running the Democrat Party. Now we find that that gentleman has dropped out of the race to chair the dnc and actually endorsed a far, far, far left congressman Keith Ellison for the job as well. Mercedes slap sclapp. Im sorry about that. Im frankly amazed that a man who is very much in the center of the Democrat Party should drop out of the race and endorse Keith Ellison. Do you know whats going on . Its called politics. This is what happened in the Democratic National committee, it happens on the republican side as well. You negotiate the deals with them in terms of trying to figure out how you can reduce the number of candidate who is are running. Remember, stuart, there are ten candidates that were signed up who put their hats in to the ring to run for dnc chair and then people start forming their coalitions, they start forming their teams and so, i think, ellison it was a big get to get buckley on board. Stuart wait a minute, mercedes. The race for the dnc chair is now down to two leading candidates. Keith ellison right there on the screen and mr. Perez, former labor secretary. They are both on the left. The center is not represented. Well, no. I think ellison more so in the case that you have senator Elizabeth Warren and you have senator best as well as Chuck Schumer supporting ellison which clearly i dont see where he has that connection with the working class specially the White Working Class which was the coalition that they lost, it was that constituency that they lost during last election cycle. Buckley going in the direction of ellison as well as some of the key labor endorsements going towards ellison, it puts ellison in a strong position to win this weekend. Stuart you republicans must be pleased about that . However,oure not eased about the Republican Party. I have three items for you, john mccain, criticizing President Trump, talking about this is how dictatorship begins and Lindsey Graham throwing a lot of cold water on paul ryans tax cut bill saying, you aint gotten votes in the senate, thats a problem and rabid paul says that john mccain is not in charge. That, mercedes, is a split and a half, isnt it . I think there are so much emotion surrounding the Republican Party and im hoping that President Donald Trump will invite Lindsey Graham over, mccain, paul over to the white house, had these discussions. This is a type of you want to be able its a big family. You have to be able to have open discussions together and try to solve the problems. I think it becomes very problematic when you have john mccain going out at an International Conference and speaking so negatively about donald trump. Stuart donald trump insulted him during the campaign. I dont know. I think for mccain is he has negative feelings for donald trump. It could be personal. I also believe that for john mccain to go out into the International Community and speak so negatively and bring up word dictatorship, my father came from a communist country, cuba. Now, youre talk if hes going to sensor the press or witch hunt, then lets talk about that, dictatorship because hes being critical of the press, i think he has gone too far. Stuart i want to ask you this, were you as surprised and pleased when you saw Melania Trump recite the lords prayer before thepeech of her husband in florida . You know, i think this is s about freedom of speech and it is about the opportunity for someone who is in a position of power and in her case being the first lady to be able to recite the lords prayer, thats something that we dont get to hear anymore. So it becomes so for me it was refreshing. I think we need to have more of, you know, one nation under god, i think its exactly what our pounding Founding Fathers wanted in our nation. I was please today hear that. Stuart i loved it. I did too. Stuart mercedes schlapp. Thank you. Stuart parts of northern california. Look at the weather map, tells the story. Theres a new storm thats arrived and bring up to maybe 5inches of rain in the area. The forecast is looking for heavy flooding. We have it all in president s day, politics, money and even the weather, we will be back approaching medicare eligibility . You may think you can put off ecking out your Medicare Options until youre sixtyfive, but now is a good time to get the ball rolling. Keep in mind, medicare only covers about eighty percent of part b medical costs. The rest is up to you. Thats where aarp Medicare Supplement Insurance Plans insured by unitedhealthcare Insurance Company come in. Like all standardized Medicare Supplement Insurance Plans, they could help pay some of what medicare doesnt, saving you in outofpocket medical costs. 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Call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. Go long™. Retail industry, parts of it, the bricks and mortar part in particular are being called the walking dead. They just cant handle online selling, amazon in particular, killing them. Come on in jeff flock who is near chicago and i think are you at a ghost mall . Jeff no. Im on the once great retail meca called state street in chicago, stuart, which is now sadly littered with what they call the walking dead of retail, who are they . Well, this isnt my determination. Wall street journal was talking about this, thats payless by the way. They are talking about closing a thousand stores. 19 different retailers. Take a look at some of the people, the stores that are considered to be the walking dead. Nine west, j crew, true religion, where are we going to get ripped up jeans now . Poor credit or very high credit risk. You know, stuart, its not just nonbricks and mortar stuff, the online stuff, people these days seem to want experiences, we want to have a great dinner, we want to go on a great vacation, we want to see the cubs play, we dont want stuff and so claires for example, bond debt and have a big payment, Interest Payment coming up in march. People think they are one of the next that will be filing chapter 13. Stuart wow, thats fascinating, jeff flock. Thats one of the stories of our time. The rise of Amazon Online selling and the death of main street. What a story. Jeff flock, good stuff. Thanks for being us. We will see you soon. You got it. Yeah, we are working, our competitors are not. We will have more live stuff after this. Stuart president s day. We are working. Our competitors are not. Ill tell you something, ash and i and elizabeth when shes here love to do this we enjoy having a front row seat watching history unfold. The last two years have been remarkable. Every day brings something new. Here we are, front row. Stuart its a privilege. Yes. Stuart we invented this live action news, live action presidency kind of show because the news, breaks, 9 00, 10 00, 11 00 in the morning tell the audience what is going on. It is a privilege to sit here and discuss america as history is being made. We love it. Lets turn it over to neil cavuto who has been dragged into work today. Neil yes, indeed we love it. We do love it. You know, stuart . Stuart yes, sir . Neil Something Weird is going on. This market hasnt budged. Stuart [laughter]. Shall i tell you all about it, neil . Leave it to tomorrow. Neil thanks, buddy. If it is news to you, it is news to us. Welcome everybody, im neil cavuto, fox on top a day off for the markets. Not for fox business. We have your financials. A lot of americans feeling financial mojo, holidays notwithstanding here. A lot has to do with growing optimism, whatever comes out of the Trump White House will be