About their own future . Continue to support a lameduck president . Stocks do not seem to mind too much. They are in the green. Varney and company is just about to begin. To everyone who voted, i want you to know i hear you. To the two thirds that chose not to participate yesterddy, i hear you to. President obama seeming to deflect the blame. Hh was ssnging a very different to during the campaign. Michelle is pretty happy about that. Make no mistake, these policies are on the ballot. Charlie gasparino is here. Even if people did not vote, they did not vote because they were not enthusiastic enough to vote. They do not like congress. I do not think it is good news for the president. The people who were active in this campaign gave a resounding no. It was not about my policy. You and i have been talking about this for a couple of days. He had a chance of doing a lot of good things and probably getting Hillary Clinton elect did. He does not have to reverse his agenda. Get rid of that medical advice tax. It will make this economy grow. That is the point made, the realization is community organizing. Collectivism. It is embodied in president obama. When i was listening, he said both parties are appealing to compromise. I heard that out of Mitch Mcconnell. I did not hear that out of it set the tone so negative. Mcconnell said something very important. There is only one democrat who matters and that is the president. I do not think that that is the most important thing. He was ready to deal. He did not come out and say we will shut down the government. He did not go out there and say we will tear down obamacare. He said we will work to make things better. President obama did not come out and say that. Again, it takes two to tango. My opinion right now he should get some. Sometimes having some bourbon works. Nobody will take apart what he started. It is impossible. The smart thing to do would be to preserve and. If he goes the other way, forget about a landslide now. Hillary clinton will not be president. Joon boehner and Mitch Mcconnell. Here are just a few of their goals that they laid out today. Build a pipeline, higher more vets, lower the National Debt and appeal obamacare. Maybe it is a right of passage when you assume the mantle of leadership. I think that they are doing all of this stuff out there. They are setting themselves up for failure. I think what they should do is play the long game. See what he comes out with and work with him. This became he is very toxic. They also played a wonderful ground game, by the way. Let me just ask about democrats here. Take care a lot about their personal future. If they are worried about a lameduck president , might they go with republicans to override some of the president vetoes . Possibly. The Democrat Party just played real politics here. They have pressures on the left. The guy from west virginia, he is a moderate. Is it possible that he may switch to republican . He may lose. Even if he does not go republican, he may vote as republican. All right. Great piece. Charlie gasparinos piece on the elections. We are back in record territory. Three dow stocks hitting new highs today. Lets look at the s p 500. A new alltime high as well. It has come down a little bit. And to all oil. Down again. We thought maybe it settled. Not so. All of about one and a half right now. Gas still falling. About 1 penny per gallon per day. The National Average is 2. 95. Wow. The cheapest gas in the u. S. Is still at that phillips stationed in texas. Who needs cheap gas when you drive a tesla . Last quarter they set a record for deliveries. A lot of analysts expected a loss. That stock is up about five and a half right now. Microsoft hitting a new high. 48. 50. He has a little bit of microsoft saved away for his retirement. Shares are now 48. 45. Whole foods, i am a winner today as well as other stock winners. A big win for whole foods. That is a big move. 11 to the upside. They had great profit numbers that continue to rise. They have also been cutting numbers on perishable items and such. It is not cheap. You can see that the group is doing very well. It is bringing up the other names. Doing really great. Tryinn to build some loyalty as well. Of course i am a little biased. Lets stay on your money. We have been talking a lot about a market rally. If things and average 21 rally. Joining us now from tampa. Harry, you are still sticking with your gloomy forecasts. Do you still say dow 6000 by 2016 . Yes. Yes, i do, david. It is hugely up with a Republican Congress. Forget all about. We have the greatest bubble created by the government. They are going to crash. This recent rally is hitting 17,500. We have a broader trend i have been talking about on this show for over a year now. I think we arr probably seeing the top right here. If money goes out of stocks, it has to go somewhere. I just do not see anywhere else it can go to get a return. That is why this market has been going up. We have been saying that germany will keep disappointing. Chinas growth will be fourr5 by the end of last year. Car sales are peaking riggt now. Cars will fall off the cliff like housing did. I kind of want to agree with you. You know, here is he thing. The prophets in the u. S. Are pretty good. They are on the rise. They are always good. You are suggesting that we are somehow heading for a massive recession. The demographics in germany look worse than japan. There is not a single economist that i have spoke to. Not one. That is the only tting that makes your thing work. On the contrary, i do not listen to people that have never had sex and run a business. Good point. Go ahead, harry. I understand that you are a contrary in. Usually there is a pool of contraries. You seem to be the only one. They see inflation. Hyperinflation. That is true. All right. Dow 6000 by 2016. By the end of 2016. To think that 2016 is a good year . I do not think we will get through this year without a mini crash. 2015 looks to me to be probabby tte worst year we will see you for a while. It is hard to tell exactly how it plays out. You cannot fight the bubble in you cannot fight germany going down like japan. Thank you very much. Tax reform front and center after the election. The deal being discussed actually backfired. A middleclass revolt. Grover norquist on that whole subject of tax reform. That is coming up next. Double local hi, are sll ofor tomorrow . Tomorrow. Quick look at the weher. Ni day, beauful tomo. An ce backomorrrow. Omise. And we promise to keep it that way. Driveno preserve t an ce baenvironment,omise. Csx moves a ton of freight arly 450 miles. On one gn of fuel. What aay. Nt it tilomo so i can reach ally bank 24 7, but there are no branches . s justm a little reluctant. So as ong withally bank 24 7, buttryingewhings . Branches . Try a new way to bank, whereo brches equals grearates. The market is not perffoming. Sales come in better than expect it. Noodles and company doing better. Fedex union and pacific and landstar. The house of representatives. After the 2008 election. After tuesdays election, wow. This was a middleclass revolt. A tax revolt. Grover norquist joining us. I do not think that the president is going to get the message. No. He is not listening. He did not really change much after he got whacked in 2010. That has not shifted. People talk about tax reform. They are not even on the same page or the same planet. One things that republicans and democrats could agree on is a Corporate Tax increase. The middleclass voters, they want something for them. They do not want to see another break for the rich guys. They want something for themselves. They are seen talking only about the Corporate Income tax. They are job creating. They are worried about the money in their pocket. Simply reduce taxes across the board. This is exactly what obama does not want to do. It would be healthy to have that conversation. What would be wrong with them agreeing to just a Corporate Tax cut . Why would that be a problem . That is a job creator. We have very weak job creation. Very highend and very low end. Outside of washington, d. C. , everyone agrees that the corporate rate should be down. They have added something. If they deal with, barring anything crazy, why should they not just jump for it . If he is willing to do thatt you may just have a deal. That is not where he has been for six years. Some people have a fantasy that maybe the president ill be reasonable. Why would he start now . Bringing all of that cash back to america. That would be good for business. It would be populous. It would flow back to the United States. All sorts of good stuff would go on. I think that would be a wonderful thing to put on the president desk. Versions, he is not telling the truth. He will never fix our problems. I have argued with some of those white house economists. They thought that an imaginary 800 billion could be borrowed frrm the chinese. How about their real 2 trillion that does not have to be stolen from anybody. Thank you very much. President obama, as usual, was late for his news conference. We will reveal the winner after the break. First, this from last nights Country Music awards. A really fun evening. Take a look. This song goes out to a feisty little nurse in maine that is probably riding her bike right now. Quarantines. Quarantines. Quarantines. Dont ride your bike. There are twreasons whi ed kp. Thats why i take tabiotic, a daily probiotic. New multihealth metabiotic with bioactive 12 is p proven to help support experience the meta effect with our new mulhealt wellss line. With our new mulhealt introducing synchry financial inng new meaningo the word partnership. Banking. Loyalty. Analytics. Syhrony financial. Engage witith us. 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What has happened to me in the last six years, that begins your skin. You think this is just a feedback . No, this is thick skin. It is growing all the time. We posted that save men on our facebook and twitter pages. You go, sarah palin. Keep standing up for americans. Obama has no respect for our election process. He will do what he wants. Blame the republicans for not working with him. Thank you all for your comments. We ask you to guess what time the president would start speaking yesterday. He is habitually late. We had a little fun with it. We had tons of guesses. Take a look. 2 57 p. M. Eastern time. 2 56 p. M. He is from williamstown new jersey. Since stuart is not here today, we will make sure she gets on when he is here. We get his take on the economic reality. That is coming next. It gave me a Second Chance at life. Thats okay. We will give yoo a Second Chance. How coulin jellyfish,protein impact le expectanin t u. S, realate in hong kong and the optics indusy ine . At t. 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We are back in record territory. Three dow stocks hitting highs. Gas is still falling. About one pennies per day. President obama and Mitch Mcconnell have pledged to Work Together going forward. Will the president still really work with republicans . The president says he plans to issue some kind of a executive order that would limit or temporarily halt the deportations of potentially millions of undocumented, illegal immigrants. Republicans say that would not be a good way to kick things off i think the president choosing to do a lot of things unilaterally on immigration with the a big mistake. An issue most of our members want to address. Legislatively. It is like waving a red flag in front of a ball. If you guys dont do what i want, i will do it on my own. On the other hand, david, he also said that the Election Results renewed their commitment to appeal obamacare. The president said it is a nonstarter for him. Not exactly a good way to begin. A new battle cry to the left. The headline sound nice. Are these a result of the president s policies or in spite of the president s policies . Senator tim scott is on the phone with us. Congratulations on your win. Let me just ask you what the left is now claiming. It is not the president s policies that voters reject it, but the color of his skin. Do you think that that will fly at all . By policies. People are voting for my policies or against my policies. People reject it his policies. When you are living in middle america, if you are living in poverty, that outlook has been bleak. Think about it. We have also seen money that has sent money to the stock markets. Not creating jobs. We have also seen obamacare, tax and spend and have more fees on Small Businesses to the tune of nearly 1 trillion. We have short term funding. Only in congress. That is not a recipe for longterm. Senator, you are absolutely right. Now, he is saying that it was not his policies that the voters voted on. I wonder if he will take up the charge . Maybe in a more discreet way. It is absurd to say that. You become the first senator elected in the south. Black senator elected in the house since the civil war and yet you are a republican. David, there is no doubt. I am not sure how many black voters there are in utah. Look in texas. New Lieutenant Governor of maryland. A blue state. Then you add me on top of that. Look at louisiana where the voters have been very happy with the success of Charter Schools in louisiana. For South Carolinas governor. A fabulous job of answering the question. The answer in South Carolina is unequivocally, yes. By the way, senatorial, it is not only the left wing. The Mainstream Media also cannot seem to get off the racecar. A tremendous thiik three in utah. Let me just play a clip and get your reactioo. This had nothing to do with raae. They are not interested in dividing americans based on race and gender. I was not elected because of the color of my skin. I was not elected because of the color of my gender. Is it possible that we can now very the racecar . It created a divide among folks in North Carolina based on race. They were all full. The lowest common denominator. We have to work on things that are optimistic and looking into the future. I have an opportunity agenda. Skills in the workforce. The physic principle will actually move america forward. It gives everyone annopportunity to achieve the american dream. We have all said consistently, our race is about the future. Senator tim scott. Really historic win in South Carolina foo you. Thank you so much for coming on. Best of luck for you. Sounds ambitious, but i think pushing president obama. Fracking, coal, all on the agenda. That is all coming up next. 3 nicole i am Nicole Petallides with your fox business brief. Another day. Another record here on wall street. 17,519. The s p 500 clocked in a record as well. The nasdaq up fractionally. Some of the names on the dow that hit alltime highs include nike, travelers and United Health. The index up 20 this year. Southwest airlines and fedex are hitting highs. Kate spade shares have been on the rise. Doing very well in north america. Amc, the revenue jumped over 30 . Much more varney company. They cut the power. Itll fix itself. Powers back on. Quick thking traffic light and self correcting power grids ma the worldredictable. Thrillingly predictable. I wh. Please, pas please,lease, please. [ male announcer ] the wish we wish above all. Is health. So we quit selling cigarette