Transcripts For FBC Varney Company 20170907 : vimarsana.com

FBC Varney Company September 7, 2017

Tilt. Divided Republican Party could not deliver the votes to get things done. The president turned to democrats who could, now what . The president is cleared decks crowd of legislative calendar no longer quite so crowded and democrats involved limited tax cutting legislation looks likely to pass the republicans in disarray leadership stunned by the president s tilt conservatives furious democrats got what they wanted they are happy looking forward to december 15 when funding of government will be an issue all over again, sum it up this is a shock to the political system, it is a political realignment, in a moment we show you the markets reaction to all of this irma looks like eastern see board takes the ive got to start with irma, it is still a monster remains category five storm. It looks like it to hit the east coast of florida. Right hand side of your screen storms track on the left, youre looking at long gas lines in florida. As people are try to get out of the way. Mandatory evacuations are in place in parts of florida. Irma killed at least ten people in the caribbean. One of the hardest hit places is the island of st. Martin damage there widespread. And this small island barrmuda a report 95 of buildings on island suffered damage about half of the residents are now homeless. Jeff flock come in live in miami youre at a gas station still seeing long lines, jeff . Reporter thats the headline stewart you see with boards on it but i have to take you over here and maybe hustle to do it this is route 1 you see out here the main route out of the keys. Heres the problem today, and i think it is beginning to continue to be a problem. Gasline if you cant get gas, you cant get out, and look at this line. This is where it starts, and if bob is off to the left there you see route one as far as you can see. I cant see the end of the line. And thats just one gas station, and bob if you spin back here maybe you see it. This is the gas station that police at each gas station trying manage the large number of people that have been coming in here. If you toangt get gas, you cant get out. Can you imagine the situation if we get the storm coming in people strand along road trying to get out . That would be bad. The governor says hes trying to get gas deliveries if in here but theres the officer right there trying to tell people whats going on. Its a tough situation people wanting to get out whether theyll be able to or not, i dont know. Stew. Jeff flock right in the middle of it again. Thank you jeff well get back to you shortly. Lets get to politics. Im calling it a political realignment President Trump turning to democrats to get a deal on debt and pungdzing the government. Listen to this. Prior to leaving the white house, i had a great bipartisan meeting with did democrat and Republican Leaders in in congress and im committed to working with both parties to deliver for our wonderful, wonderful citizens its about time. It was a really good moment of some bipartisanship, and getting things done no one standing i dont think republicans feel the same way joining us now a member of the donald j. Trumple a president Advisory Board a political relinement of major proportions only just begun. What say you . Sll. This is the president and donald j. Trump ive been waiting for. Hes reside and willing to call out republicans that have been obstructionists to his agenda. They had eight months where he outsourced aged agenda to excute on the hill because he said i dont know washington as well as hes guys do and they failed the president. And they failed the American People and they failed their constituents that sent them to washington to repeal and replace obamacare to coming up with real comprehensive solutions to immigration problems. They failed us. And so the president has put them on notice yesterday. And he said if you do not deliver fors, not only o are we going to start is primarying some of you, were going to starts working with democrats because with republicans like these, with who these democrats, its so desperate of a situation and president is not going to be a lame duck president for next three years hes going to get something done by hell or high water or bipartisanship. Heres what im hearing a possible deal. The you get daca get that presented to o congress an theyll pass it in return for build the wall. Look, im hearing this. I dont know whether it is real or not but im hearing. Well wrote a piece on the hill recently where i projected this would happen. That president could score a win by getting the wall in some form of comprehensive meaningful Immigration Reform for instance, increasing number of i. C. E. Agent as other things and dmnt not oppose to in exchange for dreamers so mow is time for democrats to put up or shut up do you care about dream percent if you do make a deal. Are you in the camp that says something, with anything is better than nothing. Youre in that camp . You are. Ash can i ask u you for an opinion . Neil cavuto save giving up too early willing to take the crumbs as opposed to the full price and this stage ill take something rather than nothing. I think thats lets be clear if you bring democrats into tax reform you dont get many tax cuts. You dont get a big tax cuts now do you . He needs to peel off democrats here and will in order to make real meaningful reform and he can do it by bundling prongtses here. Democrats are very interested in Infrastructure Spending this is were not talking about but propose has reinvest in American Economy and infrastructure and proposalled same thing off the bat we should start addressing that if it is possible to have comprehensive reform lets take advantage of it. You know former Bernie Sanders supporter you have come a long way let me tell you. Congratulations. Well thank you. Thanks for being with us. Stuart good stuff we have to check that market. Where are we going to open . Not a big rilely despite deal with democrats im going to ask our market watchers why no rally when the market opens it is goapg to be up what, 10, 12 points thats it. The price of oil wheres that this morning . Become to 48 a barrel. I want to show you the price of gas. It is moved up again not much. 2. 67 is National Average increase is slowly slowing 2. 67 this morning. Draw your attention it a particular stock thats going straight up. That would be restoration hardware. Up scale Furniture Store reporting big mks in profits and it sees a rosy future thats open nearly 40 higher. We thought we would bring that to your attention and then amazon theyre searching for a location for a Second Headquarters had in north america. Theyre looking dont know where theyre going to choose but ash, tell me how many people are going to employ. 50,000 people. Theyre going to call it hq2 main campus in yaghts but they want a metropolitan area of a Million People within 45 minutes of international airport. Yes theres going to employ up to 50,000 many of the software paying over 100,000 a year. The cost will be five billion to amazon to build but fight is on among state and local governments to hand out incentives to get it build here. Speculate where theyre going shortly. Now two hurricanes harvey, irma, price gouging is in the news. We saw reports of airlines charging as much as 3,000 for one way ticket out of florida. And amazon they have some complaints. Customers in florida say bottled water prices were jacked up and prices in the northeast were much lower. Judge napolitano is here and i can feel an argument coming. You say [laughter] you say price gouging is okay. Okay ill give you 30 seconds to make your case. You have skewed argument by calling it gouging. [laughter] price increases. How can supply and demand is the way things are supposed to work so you have circumstances. You have a shortage of water and gasoline in southern florida, and in houston. Let the suppliers sell whatever they can get for it. And more of it will pour in. If ixd buy a truckload of water for 1,000 and sell it for 25,000 i would get all of the truck loads of water i can down there. Bottom line, supply and demand works when government stays out of the picture, and then the price comes down. You get all of the water, gasoline you need. Supply and demand works in a genuine free market the hurricane is not you hold a commodity which is vital to your customers and you propose to double, tripled price you think youre going to get away with it you dwell in the land of principle we live in the real world. Your problem is you trust government to redistribute wealth. Just told that to your colleague on the other side there. Youre rejoicing that trump is dealing with democrat who would prefer to pim peach him than make him a good president. No. Were going to have it right now. You lower principle thats why the Republican Party has done absolutely nothing your Freedom Caucus and i know you love them expand on principle constantly thats why weve got nothing. I also love the blue in that neck stop it. If you want more gasoline available let them charge more, and the suppliers will rush it in. Because they know theyll make a profit. Thats right. Russian government, with right now, and a traffic jam. Government that cant deliver the mail wants to tell people what to charge for items as basic as water and gasoline. Let the buyer and the seller decide what the price should be, and theyll be all you need. Stuart im going to give you my daughters phone number trying to get out of palestinian an cant get any gas tell her. Be prepared to spend 30 or 40 a gallon but judge says it is okay. If the gas stations could charge 30 or 40 a gallon the trucks would be lining up to fill up their tanks. They cant because traffic jams. Find a way to make a profit. Supply and demand doesnt work you need sometimes. When government gets out of the way mr. Blue tie. Were done. Were done we have to have a commercial break shortly not yet but youll be back. [laughter] gliewt this is a new development out of syria israel says it has bombed a Syrian Government facility linked to assad Chemical Weapons Program and were on that story. No where else will you see it. More on the big political story of the donald trump reaching aisle making a ceiling with democrats to sign tax reform plan and conservatives in congress not too happy were talking to a member of the free caucus after this. Ossible. Rethink the experience. Rethink your allergy pills. Flonase sensimist allergy relief uses unique Mistpro Technology and helps block 6 key inflammatory substances with a gentle mist. Most allergy pills only block one. And 6 is greater than one. Rethink your allergy relief. Flonase sensimist. Im living that yacht life, life, life top speed fifty knots life on the caribbean seas its a champagne and models potpourri on my yacht made of cuban mahogany, gany, gany, gany watch this dont get mad bell mnemonic get e trade and get invested now it was just moments ago that speaker paul rienl weighed in on the president turning to democrats for help with the debt deal. Roll tape. What the president didnt want to do is have some partisan fight in middle of response to this. He wanted to make sure in a moment of National Crisis getting hit by two horrible hurricanes, he wanted to have a bipartisan response and not a food fight on the timing of the debt limit attached to this bill. But how, though, that basically thats what i think thats what i believe is motivation was. Stuart now joining us congressman brian republican from texas. Congressman, i approve of what the president did. Im glad he went through the democrats to get something done. Because in my mind, the gop is not a party of government at this point. Your response please. Well, lets let me tell you this i serve in the house of representatives. If youre looking say we dont do things quite frankly we Pass Health Care in may. We have passed meaningful v. A. Legislation which has been signed into law. Congressman sorry to be rutted but youre a republican. And the Republican Party has failed to do anything in congress thus far. [laughter] lets put it like this curet, im a conservative. I think that the president probably has an ace his sleeve many a negotiation with nancy pelosi and Chuck Schumer of i dont know what that ace is. Im not in the leadership or in negotiation at the negotiation table, when it comes to the dealings of the debt ceil aring and what were going to do i was caught offguard in the Republican Party like many of us this seemingly puts us at a state disadvantage and sets us up at at a christmas time at the end 6 year for another big cr thats going to be shoved down our throats. I dont to vote for more spending and things like this. However, i come from a district stuart that is just been hammered, hammered by Hurricane Harvey i have nine counties, and all nine counties every square inch of my district and east texas from houston to louisiana has received from 36 to 51 inches of rain. And so thats what weve been dealing with. I havent been at the negotiation table. But if you stand on principle, and conservatives have stood king king stood on principle you dont have the votes to get your way in congress. You dont have them. By the end of the day you fail you dont get something done. Will you continue to stand on principle no matter what . Absolutely. Thats why im up here. You know i ran many in 2014 to get rid of obamacare to balance the budgets. Where does that leave us congressman . Where does that leave us . A lot of people voted republican to get something done. So get rid are of obamacare. And i know that the house passed the repeal of obamacare i got it but Republican Party could not come through. You havent done anything. Well, all i can say stuart, youre talking collectively. There are some of us who are conservatives who will stand on principle who will try to get a balanced budgets one of these days sooner than later that will vote for less government. We have rolled back some regulations and obama weve done 14cras, v. A. Legislation, health care, weve, we have done a few things but let me just tell you this i was elected by a large in my district to get things done, and im very, very disappointed that we can not. But let me say this real quickly because we have a situation in the senate where were totally dependent upon eight Democrats Joining with the republicans that basically gives humor and pelosi a veto on legislation that we pass in the house down to the sthat. There are over 225 bills that we pass in the house that are in the senate right now and certainly hoping that some maybe some of those folks will see fit to get rid of the filibuster rule so we can get this agenda passed. Stuart got it congressman babin thank you for being with us our thoughts are with you. May your time and trouble near houston, texas thank you again for being here. Thank you, sir. Thank you. Stuart please check this out. Video released from noaa that tracks hurricanes this is from a team of pilots and scientists straight into Hurricane Irma. Measuring wind speed and air pressure many the heart of the storm. This is how we get the day to make accurate path and prediction about path of the hurricanes well give you latest forecast on irma, and watch this after this. Listen up, heart disease. you too, unnecessary er visits. And hey, unmanaged depression, dont get too comfortable. Were talking to you, cost inefficiencies and data without insights. And fragmented care stop getting in the way of patient recovery and pay attention. Every single one of you is on our list. For those who wont rest until the world is healthier, neither will we. Optum. How well gets done. con artists. theyll try anything to get your Medicare Card number. So they can steal your identity, commit medicare fraud. What can you do . Guard your card . Guard your card . Just like your credit card. Nobody gets my number, unless i know they should have it. To protect your identity, new Medicare Cards without Social Security numbers will be mailed next year. Visit medicare. Gov fraud stay sharp people so new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. Hurricane irma after destruction on only siled in the caribbean irma is still heading towards florida. Monster category five storm still, janice dean come on in. You have to tell us where this thing is going. Bahamas, caicos and, of course, south florida and keys need to be alert still a category five as you mentioned i can believe it has maintained this strength for listening and will continue according to the latest projected path really for next 12 to 24 hours and may weaken a little bit but talking about 160, 165 Miles Per Hour winds, as we get closer to south florida, and then theres the potential for this to either ride up the whole state of florida, come east of the state of florida. Or maybe push to the west. Up a path difference of 20 or 30 miles could mean difference from a very large hurricane effecting you to maybe nothing at all so thats why we have to watch the serge latest models here they are right now. Good imreement up until saturday, thats directly impacting the keys and south l florida. And sunday gss sorts of moves a little bit more eastward where euro is a little bit to the west an play koas attention to southeast coast, georgia, and a carolinas could also be dealing with an impact from a hurricane had next week. All right jan misas we consider ourselves warned and see you again later on this program. Now the market nopes in a few mies time high or not much. Im surprised at that. I thought that the president going to tilting towards the democrat wou

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