The unemployed. Two months to the elections economy is coming back into focus. Not good news for the president. Varney and company is about to begin. Stuart lets begin with an eye opening look at the obama economy. More numbers, this is a reuters survey. 34 of Unemployed People have stopped looking for work because the job market was so bad. 40 were no more optimistic about their job search today than when they initially stopped working. This is middle america. It is losing ground. Middle america getting shrink. Charles people who were pretty good contributors to the overall economy. The 20 plus week unemployment number will look at, that number has been over 3,000,004 longtime. These are people who had jobs, worked in at factory, an assembly line, huge money, huge income, they will eventually get back to the job market and work at a job where they make significantly less like most of these people, and i throw my hands out so what does this mean . Stuart does the economy come back into focus . Charles there is no way anything could be income inequality, higher minimum wage, Michael Brown thing, ferguson might be. Every couple weeks we see something, it is about the pocketbook and the fact that people are making less money, 11 Million People dropped out of the job market. Theres a 20 decline in the average wage from the 8. 1 million jobs lost in the. 1 million jobs we recovered from the Great Recession. 23 less. Stuart this is president obama. He thinks everything is okay. Watch this. I remind folks that in my first term if i had a press conference like this, everybody would want to ask about the economy and how come jobs werent being created and how come the Housing Market is still bad, why isnt it working, but you know what . What we did work and the economy is better. Stuart the president wanted more questions about the economy. That was a different topic that particular day. Jobs that were lost in the Great Recession come back, 20 less than they did before. This year in 2014 the job creations have been met parttime jobs, negative, so we have dynamics and composition of the jobs recovery is pretty bad and people know it. You can talk your way around it. Stuart i have news on president obamas last opponent, mitt romney sounding like he is on the campaign trail. He was the Republican Party event and sharply criticized the president. I will tell you what he said. The results of his mistakes and errors in my opinion have been more severe than even i would have predicted. Mitt romney has denied he has any plans to make another run at the white house but Charlie Gasparino has some information that might suggest otherwise. I talked to people on wall street who are major bunglers for mitt romney. To the man, particularly lately, as they think he is seriously considering a run, they think he is leaning toward a run. When i talked him a major romney been diluted gets a lot of cash, talks to the man himself. This one gentleman told me has the backing of his wife, he is not 100 committed but is moving in that direction. Personally i will believe it when i see it. Richard nixon did it, and third time was the charm. This one is tougher for mitt romney but clearly this is what is bouncing around Republican Party circles at a high levels that he is really considering it. I know what he is saying publicly. Stuart these guys raise the money. They got their feelers out. Paul ryan and the Republican Party apparatus and talk about the economy, what gives mitt romney thinking he might be able to win this, the economy may be improving slightly better economic cycles run in seven years. Hillary clinton could be running in the middle of a recession. It is very well a possibility. Chinos it, she knows the obama economy is the toughest thing for her to get by because economic cycles run 7 years and 7 years i believe is 2016. Stuart i am trying to say mitt romney was primarily an economic candidate. That was his main point. A lot of people are annoyed he did well in the first debate but if you think of the republican field, no offense, jeb bush, rand paul, is he ready, mitt romney is definitely ready. Stuart put odds on it. That he runs. I owe neil cavuto a dinner if he does run. Full disclosure. Maybe ben stein as well. These are top guys. I think it is 5050. I dont believe this massive stuff. I understand she is behind him. Stuart thanks very much. Good stuff. Check the big board. We are not that short of 17,000, 52 points and change. Within one good rally of 17 k. The s p 500 is also on the upside, not by much, you got a point and half. That is all it is. Lets talk individual stocks, lowes reduce its Sales Forecast for the year. Not good news but not taking a huge hit. It is down 0. 20 on a 51 stock. Home depot, same line of business, hit a new high of 90 earlier today. It is again from Investment Companies said this thing is going higher, higher price target. Home depot on a real tears this week, 90 bucks almost now. Another winner american eagle, 18 retail, higher profits for future sales. Look at that. 8. 5 up 15 retailer. Target is in the news, it opened lower today but now it is higher. What happened . Positive comments from somebody . Nicole the chief Financial Officer speaking positively about the return of trust and confidence. Your metadata breech and so many customers have their credit cards and personal information act and the terrible news for time and they have been trying to bounce back and the stock is up 1. 1 . Not only is it the return of trust and confidence but u. S. Traffic in stores also improving and the last thing i will point out is promotional items. They had to continue to do promotional reach to get the inventory at the door a little more than they hoped but it was improvement quarter over quarter. It is about the margins and making the money and if youre cutting prices on your items ultimately, they could do little less in the latest quarter and that is good news. Stuart if it is getting past the data breach that is the good in the equations. I want the latest from ferguson, missouri. Protestors and Police Clashed again last night. They were less violent clashes than previously. No teargas use. Attorney general eric holder will arrive shortly. We have on our news line now sunny diane on the phone, the owner of the store at the heart of a riot. The story is called st. Louis cordless communication and that store was looted. Welcome to the program. I want you to take us through it if you would. When did you find out you were hacked attacked . Thanks for having me. The first time i noticed was Early Saturday Morning when i got a call from my company. We had looters inside the stores just hanging in there all little too long than normal and a lot of people i went down to see what happened. The police wouldnt do anything because the ride was in progress and they wanted to get into the neighborhood and ask the situation so they let people with and decided to act when the damages are greater. Stuart how much of the loss . They looted your store. What was taken . Everything was taken. I put most of my stuff in a safe and all that but the damage to merchandize was dramatic, in the thousands but the greater damage is to the structure. The greater damage was to the showcases and the equipment i am using inside and all of that. Those of of things that are hard to replace and table longer. In that sense the damage is even greater ben the loss of merchandize. Stuart when can you go back into business . As soon as possible. Were operating on a skeleton situation, to do some of our business because some people in the neighborhood depend on us for their business, depend on us to pay their bills or investigate their stock and take care of it, no other place in the neighborhood to do that. We have been around for 18 years so we have to be there. We have to survive for ourselves and to be part of the community to show us we are not going to give up. We are not going to close and go after 18 years. Stuart we want to get the feeling what was like on the ground when you had been attacked. Thank you very much. The financial question about ferguson, who pays for the damage, who pays to rebuild. Joining us now is the former mayor of los angeles, author of the coming but the mayor. Richard breeden. You were the mayor of los angeles after the rodney king riots. Who paid for the rebuilding . Who paid for the damage . Essentials ease the city paid to with the help of wealthy white people land the people in the areas that was rioting, it was really interesting because they immediately started shopping in the white areas. They were not shopping in the black areas so it took a long long while to turn around, to get people to make investments in south l. A. But it worked. Stuart where did the dollars come from . If the city paid part of it, that is taxpayers money. Did the feds coming with taxpayer money at the federal level . Yes. The fed helped us quite a bit. We also had restore l a. I put 3,000 of my own money into thats, like an outside marketing that people could make and the problem is they didnt come to that market, they went to a supermarket in a wide area. Stuart why did you put money in . If you burn down work. Your own neighborhood why would you come in with your money to pay for it . Why would you do that . Because i care about everybody. I am of wealthy white guy but i care about the poor black, but for everybody, and right now i figured what i could do would help the black Community Rise up. It took longer than i thought but it worked. Stuart i have got to ask this question. Who is going to pay in ferguson . It has got to be the state. If they are going to get involved, they have to come in and help the monetarily but basically the whites and ferguson and the blacks have to get together and come up with plans on how to improve ferguson. It is not going to be magic. Working is not going to magically do it, nor is the state of missouri going to magically do it. Stuart thanks for joining us. Sorry our time was so short but we appreciate your presence on the show. And now this. And american journalists has been murdered, be headed by islamic terrorists. They turned to kill another hostage unless we end airstrikes in iraq. Two months ago the Obama Administration negotiated the release of Army Sgt Bowe Bergdahl by handing over five high level taliban leaders. Did we negotiate with terrorists then and will we now . K. T. Mcfarland is next. [ dog barks ] [ male announcer ] imagine the cars we drive. Being able to see so clearly. To respond so intelligently and so quickly, they can help protect us from a world of unseen danger. Its the stuff of science fiction. Minus the fiction. And it is mercedesbenz. Today. See your authorized dealer for exceptional offers through mercedesbenz financial services. Stuart look at the nasdaq, close to a 14 year high at 4,526. Now look at apple, that is a new intraday high. 100. 77 per share. It is split 7 for 1. What we are looking at is a 700 stock. Time is money. Three other headlines. Who led is getting better. President obamas 2008 campaign, the new, quote, campaign manager, the second, partnering with big capitalists like starbucks and united airlines. If you open up those companies apps you can order an uber car. Meat prices at record highs, up 12 since last year, up 80 in the last five years, Internet Service versus traditional cable tv for the first time, more internet subscribers than cable subscribers. More people are pulling that plug. Isis terrorists released in a gruesome video of the beginning of kidnapped american journalist james foley. There is this picture, stephen soughtoff is trend with be getting if america does not bomb isis targets. That terrorist on the video says with a british accent, but David Cameron has cut short his vacation. K t mcfarlane. I have a lot of questions. Was but be heading read, this latest the heading threat, set up by our negotiating with terrorists over Bowe Bergdahl . Theres a reason you dont negotiate with terrorists. Their only emboldened. They take more hostages and do more heinous crimes. We learned this the hard way. Jimmy carter tried to negotiate with terrorists in iran and did didnt work. One of my colleagues in the Reagan Administration was taken hostage in lebanon, tortured, beaten and killed. You do not negotiate with terrorists. Valid does is emboldens them. Stuart isis, is the threat. You bet it is a threat. Stuart we will be that this person if you dont stop bombing. That is an attempt to threaten us. There are two ways ices threatens the United States, hostages, american hostages, overseas, were going to kill them. How more american journalists missing that will potentially be brought up and be headed as well, thousands of american civilians in iraq and afghanistan who are sitting targets but theres a second thread which is isis has 7,000 european passport holders, several hundred american passport holders. These are experienced fighters, jihadists and they have all friend to come back to their homelands and carry on holy jihad. Stuart does president obama continue his policy of containing isis or go at them and killed them . Contain terrorists, you dont contain these people and negotiate with them. They cannot be reasoned with. You killed some. How do you kill them . American bombs from the air and boots on the ground. Not american. We are not good at that. We have shown you dont root out terrorists with american. You need local sandals in the sand and use of american aid, military intelligence, whatever it needs to form a new coalition against these guys. Stuart do you think American Public opinion at this moment favors local. On the ground, intensive american bombing, back to iraq for america . This is not talking about american boots on the ground. Get the locals to do it. I dont think americans want to see american citizens be headed a you see time and again americans will be be petted. Stuart largescale american involvement in fighting in iraq is what youre looking at. I dont think you are looking at that all. It wont succeed. It didnt succeed in vietnam or afghanistan. It never succeeded in iraq. You need to get the local people to do the fighting. Given whenever it is they need, arming the kurds, closer support, open checkbook, give them the military equipment they need, in the last week to months adam one guy on the video had a british accent and is worried about thousands of jihadists with british passports. That is worrying to him. That is a threat to his homeland. Stuart the same threat to america . 7,000 european passport holders can get into the United States without a visa. We have seen the underwear bomber, the boston bomber, people flipped through our crack so we need to focus on terrorists like behavior, get serious about protecting the homeland and tell the guys in the neighborhood in the middle east to do what they need to do to kill them. Stuart the game just change. Lets check the big board. One good rally, 17 k, puts us up 55 points from the 17,000. Look at the price of gold, it has been drifting lower, it is down 2 bucks. The price of oil going up today may be because of this terror in the middle east. 95 a barrel now. We always keep a close eye on the ten year treasury and we are at 2. 41 . The superbowl the most watched tv sporting event, football is king and if you are a musician like katy perry or bruno mars, the nfl says you are going to have to pay if you want to play the halftime show but i say it is worth it. If you want to attract an audience of 100 Million People i pay to get in front of that. Serious numbers in a moment. In new york state, were changing the way we do business, with startup ny. Weve created tax free zones throughout the state. And startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. Thanks to startup ny, businesses can operate tax free for 10 years. No property tax. No business tax. 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Com checkyourspeed if we cant offer faster speeds or save you money well give you 150. Comcast business. Built for business. The two they said many times on the show that goal is in the need of a new start. Max adler thinks that there is another star and the ring. We have deals, all the time. He is Something Like 140 from regulation. He is ethically average. You put it all together, he is 12th in the world ranking right now. Stuart yes, but is he a star . Who do you think the big star will be . Both watson. He is so likable. Okay. The results will bolo the forecast. Pet smart. Exploring the sale of the company. Makes note difference. Pro football. The nfl is breaking the tradition. Charles. I think that is entirely reasonable. I expect you to pay for it. Charles or if they dont change the channel because of the performing during halftime. He was not a household name. He put on an amazing performance. Maybe it would be worth the while. They just will not do that. Charles i have to give the nfl credit. You want talk about 1 of head injuries. 1 of whatever else. Stuart biofilm sales went up 164 . It was absolutely amazing. The performance was phenomenal. Stuart i think we are in agreement. Relax. The