Transcripts For FBC Varney Company 20240622 : vimarsana.com

FBC Varney Company June 22, 2024

And 58 of the fox poll says she knowingly lied about it. To the markets this monday morning, it looks like the gas price surge is winding down. So, cheer up, everyone, our guy says it will be much cheaper very soon. Varney company is about to begin. Lets see where the stock market is going to open this monday morning. There has been a shift, about a half hour ago, we received news that the Empire State Manufacturing index came in at the lowest reading since the recession. Implying a problem with manufacturing, certainly in the northeast and maybe nationwide. Down goes the stock market. Were off about 70 points at the open. Now look at the price of oil. Down 2. Were at 41. 76 on a monday morning. How about that . 41. 75 right now. And price of gasoline up only slightly overnight and the spike in the midwest affects the National Average and appears to be winding down, maybe its over. Now, that refinery problem in the midwest, did that have an effect on gas prices over the past week, will you look at this . Those four states in the midwest up 50, 49 to 59 cents per gallon just in one week. And the gas buddy will join us shortly to sort out just where the midwest is going and the rest of us,oo andpolics, dtnow at yveeenaiti r, i know. The polls, donald trump, leading the first post debate fox news poll. And dr. Ben carson got a big bump up. Second place, 12 . Senator ted cruz, and jeb bush, the biggest loser, down 6 points to a 9 support level. Walker losing ground as well and Carly Fiorina coming in. And now on the democrats side. 58 say they believe, Hillary Clinton knowingly lied when she said her private did not contain classified information. Now, by the way, hillarys troubles got worse over the weekend. In case you missed it, 60 of the emails found on her serv server, contained secret classified material, thats up from just two last week, hillary, however, is joking about it. Roll tape. By the way, you may have seen that i recently launched a snap chat account. I love it. I love it. Those messages disappear all by themselves. Stuart well, its kind of funny and the audience did laugh it up. Unbelievable. Stuart she says this is old, just politics, its a joke and is that going to get her out of trouble. Its just a joke, unfortunately for the fbi, they dont think its a joke and a spate of federal judges dont think its a joke. Remember, stuart, were getting this information because theres a case going on in washington where federal judges are forcing the state department to give them more information, to release the emails that they have from hillary, but also, remember, we have tens of thousands of emails that she has deleted, that we may be able to recover something, we dont know yet, from the server that hillary turned over just in the last days, so, theres no joke here. Stuart how about this one, president obama vacationing in Marthas Vineyard and he played golf with former president bill clinton. Can you imagine that . Knew, what did i think i know what they talked about and thats joe biden. I dont think so, stuart. Stuart no . No, i dont. No one can compete with Hillary Clinton when it comes to the fund raising and the money machine behind her. If joe biden got in or john kerry got in, they might take a little slice of what Bernie Sanders has, i dont think that she touch Hillary Clinton. What i think they were talking about is the idea that if the Justice Department goes after hillary for this email scandal, what would hillary do . I bet she would go to the president and say, people in the white house knew that i had a private email server. People in the white house probably knew that i had thumb drives. So if you touch hillary, shes like a box of dynamite stuart, it might blow up in your face. Stuart bill wants barack to say im not going to prosecute hillary. The Justice Department is a deeply politicized institution, again, the only reason that this email scandal is pursued is because of our federal courts. Thank god for our courts. Stuart and barack wants to know from bill, what will hillary do . And this is all speculation, of course. Stuart its monday morning, come on, get with the program here. Pan here is the story that we cover far more expensive in politics, that would be gas prices. One refinery shut down in indiana and look what it did to the price of gas in the past week in the midwest. Thats a huge spike. That was the big news story in the midwest, you can bet. Gas buddy, Patrick Dehaan is here. You alerted us to the refinery shutdown in the midwest. Has that been fixed . Is it back online and is this surge in the midwest over . No, its not back online, and to go on your previous politics, i think we can talk about both here, politicians in michigan and indiana are looking at the situation and letters to bp and what is going on . Nothing is going to change in the next week with this refinery and well probably get some sort of time line as the week progresses. Gas prices are going to remain at elevated levels throughout the midwest probably for a few more weeks. Thats ripped ripped out, 54 a gallon in four weeks and that affects the National Average and it looks like were all feeling it, but i dont think thats the case. Absolutely. Stuart i dont think that prices have gone back up again in the carolinas or in texas or the southeast, for example. I dont think thats the case. Yeah, youre absolutely right, stuart. We should separate that National Average out. If we pull the midwest out of it im sure it would show flat to no change. Areas of southern u. S. , florida, georgia, all still going down. Virginia, 1. 79 a gallon. East coast, northeast, south, the gulf coast and even california a minor decrease here in the last week, so obviously, the National Average is really skewed by whats going on in the midwest. Stuart patrick, youre sticking to your forecast, by the end of september we should see a sharp decline nationwide. A lot of that hinges on bp at this point. They havent been too trustworthy with this refinely, ill hold onto that, but give me a little flat here. Stuart well give you a couple of days to come up with a decent answer. Thank you for joining us. We appreciate it. The New York Times criticizing amazon. It was a front page story over the weekend. Speaking with former employees, the times quoted them as saying things like this, amazon is where overachievers go to feel bad about themselves. It was a wildly nasty article on amazon. All right, lauren, what else did it say . I always wanted to work at amazon until i read this article, other things it said, workers were encouraged to tear apart one anothers ideas in meetings, toil long and late, and held to standards that the companies are unreasonably high. Emails after midnight and text messages, and expected to respond if they had family obligations, Health Concerns not considered. The managers were callus. So what, in a very rare response, in a news report, jeff bezos says if this is happening, email me, this is not a Company Anyone would want to work at. Hes denying it. A Health Concern or a family concern, you wouldnt want your boss to be considerate . Lauren, who is forcing people to work at amazon. Theyre choosing to work at amazon, its a successful company. Its ridiculous. Stuart and you put in an ad for amazon and youll have thousands of people lined up to get that job. Absolutely, 100 . Stuart they want to work, they dont mind a little competition. This is a this is classic New York Times, denigration of the work ethic. Its terrible these people are working hard and making money. Stuart we have to interrupt everything because donald trump is arriving at court. For jury service. This is trump not just any old candidate. This is donald trump right there. Were interrupting our discussion of amazon and the nanny state too give you donald trump. Hes arriving for jury duty. Now, were told so is his hair, actually. Stuart were told that hes happy to stop campaigning to fulfill his duty. Theyll never let him on a jury. Stuart probably not, but donald or amazon. You guys beat me up significantly so i think that this report was unusually harsh and not completely accurate. They take a very disgruntled employee. Stuart were done with amazon and im staying with trump. Hes laying out his immigration plan, roll tape. Make a whole new set of standards and when people come, they have to youre going to split up families and deport children. Were going to keep the families together, got to keept. Stuart what if they have no place to go. We will work with them, they have to go. Stuart theres more. Its important, he said, no more anchor babies. Thats what trump said. So if an illegal gives birth in america, that baby is not automatically a citizen, thats what he wants. What do you think of that, mary. I think its good that the American Public is finally starting to hear what Donald Trumps policies are so this he can evaluate him on the specifics and not on this bomb bombast and superficial stuff hes been throwing out the last couple of months. What did he tell us, hes populous, antieconomic growth, he doesnt want to win the election because hes going to alienate a very large section im sorry, stuart, mitt romney was all for selfdeportation, how did that work out. Here is where i agree with you hes antigrowth and to some degree antibusiness, because he called for a pause on green cards and visas, thats a serious thing. Its a serious thing. Last week the wall street journal had a huge story on worker shortages. Dairy, farms and fruits and we have a broken system. Donald trump is not telling how to use the legal system so theyre not incentivized getting through the border. Hes not telling how to help the businesses and fix the problem. Good for him. It will be interesting to see how he does in the next debate and what happens in the next poll after we get youve got the wall street journal. And jason day, hes australian and he wins the pga championship and shattered the record for low scores. He burst into tears. Thats the part i like. And former attorney general on hillarys email scandal. He says its no joke. I love it. Those messages disappear all by themselves. I built my business with passion. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. I earn unlimited 2 cash back on everything i buy for my studio. And that unlimited 2 cash back from spark means thousands of dollars each year going back into my business. Thats huge for my bottom line. Whats in your wallet . Before we go on, look at this. Stunning video of the northern lights. Thats what youre looking at taken from space. The video is shot by astronaut scott kelly on the International Space station. He shot this just before going to bed one evening. Now, that is a nighttime view and a half, is it not . All right. Enough of that. Lets get to the hillary email scandal. Look at what Michael Mukasey said. Once you assume a Public Office your communications about anything having your job are not your personal business or property. They are the publics business and the publics property. Michael mukasey is here. She did have secret information on her server is she therefore guilty of a crime . Theres an element of judgment. The question is whether she knew she had it and whether she was directly responsible for putting it on there, we will hear a lot about how staff was involved in this and there will be an attempt to kind of muddy it over. Stuart whether you knew about it or not, whether you sent it to your own email server or not, to have it on there is in fact a crime, isnt it . Not unless you know. Stuart not unless you know . Yes. Stuart but then if the email is about the whereabouts of our ambassador in benghazi. If the email is about drones, if the email about the positioning of french jets and all of those facts are correct, then thats top secret and it doesnt matter, then her judgment is called into question. If she doesnt know thats top secret, theres something wrong. Not necessarily knowing its top secret, but knowing that its on the private server, its clear that anybody who gets that information in that position knows that its it has to be treated carefully so that if she knew that it was on a private server and it was on there at her direction, or with her participation, then, yes. Stuart what kind of judgment did she display in the first place by having a private server to conduct state Department Business . Poor judgment. The kind of judgment that says that i could make decisions based on my own convenience and the rules that are made for other people are know the made for me. Stuart in your view, is she fit to be the president of the United States . If that was the judgment that she made, she certainly won get my vote. Does the president now, barack obama, does he have any discretion on whether or not this is prosecuted . Oh, of course he has. He has discretion and im sure that it will be exercised, but if the fbi comes to the president and says, that information was on there, it was top secret, and thats a crime, he has discretion as to whether or not shes charged . He could always pardon her. Stuart yes, but he has discretion . So the future of her campaign is in his hands . Well, its in actually in the hands of the attorney general. I think that the president will probably have some influence over how that decision comes out. Stuart a lot of influence presumably. I dont want to put you in a corner, judge. Yes, you do. And youre a dog youre doing a very effective job of it. You wouldnt vote for her and she should be prosecuted . We have prosecuted other people for lesser offenses. You take general petraeus, there was a marine who disclosed information to tried to disclose information to his buddies about a sexual predator and that, one of the victims of that predator wound up killing three marines. When he tried to blow the whistle on that he was attempted to be drummed out of the marine corps even though it was found he hadnt done anything wrong on the pretext that his message contained confidential information. Somebody like that, in that way then. Stuart we hear you. We hear it all. Michael mukasey, judge, correct form of address, thanks for joining us. Thanks for having me. Stuart totally different subject. James harrison, super bowl hero for the pittsburgh steelers, knows a thing or two about what it takes to win. Hes throwing away his sons participation trophies. And plus, tim tebow steals the show on the field. Thats right, im talking football. At ally bank no branches equals great rates. Its a fact. Kind of like shopping hungry equals overshopping. 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Golfer jason day won the pga championship and he finished with a record setting 20 under par performance. What a day. And look at that. That was a poignant moment for me, he burst into fierce with his little daughter. The man was in tears for several minutes. I love this, what a player, what a guy. And now this, hes taking away awards given to his children for participation. And on social media, those are the trophies that hes taking away. Sandra smith, mother of two, former and current athlete is with us. Sandra yes. Stuart what do you make of that. Everybody gets a trophy. Sandra good for him, good for him. And hes not saying other kids have to give back trophies and this is the way he decided to parent. He doesnt believe that everyone deserves a trophy. And he said im not going to raise them saying that they are doing their best. Sometimes your best is not enough. Stuart it sounds harsh, but its a reality and i think were in agreement. Sandra were in agreement, sir. Stuart tesla moving up. Big time at the opening bell. Is it time to buy . Were on it. Have you seen this Youtube Video . And thats tesla, by the way. And this video, it sets up a teenager, sets up a meeting with a girl, a guy sets up a meeting with a young girl, films it with her parents permission and its a cautionary tale for teenagers using social media. The full story coming up. What would i do if anything happens to you . What would i do if anything happened to you . [crying] i love you. When youre not confident you have complete visibility into your business, it can quickly become the only thing you think about. Thats where at t can help. At ts Innovative Solutions connect machines and people. To keep your internet of things insync, in realtime. Leaving you free to focus on what matters most. Tree in two okay, were almost there. About 10 seconds to go and we will start trading on this monday morning. Looks like we are going to be down 60, 70, maybe 80 points. There was a rip in the manufacturing sector. Possibly a slowdown may be across the country. We are down 22 at the opening bell. Its a stock which could be the stock of the day zoo lily, the amazon phenom. Qvc you buy stuff on tv. They are buying it for a couple billion dollars and it is up 47 . There is the winner of the day just fire. The wall street journal warning that global recession may be brewing in china appeared joining us, adam s

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