Transcripts For FBC Varney Company 20171010 : vimarsana.com

FBC Varney Company October 10, 2017

Worth of wine a year. Record after record in till no pullback for stocks. In fact, the dow may move up a little when trading begins today. All the indicators at or near record highs. Investors ignoring politics, focusing instead on the growing economy and growing corporate profits. Dfm process, money talks on espn jemele hill told her fans to boycott advertisers, corporate disney. She suspended two weeks. Call the president a white supremacist and nothing happens. If you go after ad revenue and she did, youve got trouble. Joe namath coming up on that story next. The threehour shifts ahead. Varney company about to begin. Tree and to write to this big in developing story. Dudley fires in California Wine country. Look at that. Hillary von on the phone with us from napa with the impact on the Wine Industry. Tell us please, hillary. Stuart, californias wildfires have cost the state an estimated 2 billion with the expensive wildfire season on record. This fire ripped through californias valuable wine country. It had hundreds of vineyard, 10 people we know have lost their life. 1500 buildings have been damaged, but the damage to buildings and homes is not the biggest price tag for california. The smoke and fire hitting the vineyard in napa and Sonoma County is putting wineries in jeopardy. This is right in the middle with a lot of wineries are replacing just a single acre with as much as 25,000 to several homes in the area. We will keep you updated with the latest. Hillary coming thank you indeed. Lets get to politics. A group led by Newt Gingrich taking out an ad in the hill, the newspaper, to cause tax cuts now. One of the people, Charlie Kirkwood turning point u. S. A. Tax cuts. You are for, but forget tax reform. Im for reform but keep it simple. Its read by members of congress, so i hope we get tax reform. Stuart you dont think were going to get it . Im not optimistic here they dont work hard enough to bring people together. They take the whole month of august because they need a break after not doing anything. Trade to you in the other signatories, all you want is just cut tax rates in the tax cuts will pay for themselves in future growth. We would be satisfied with tax cuts somewhat. With that tax reform like what ted cruz is talking about able to fill your taxes on a card. I want to be correlated with spending cuts. I dont think we should add another deficit. I hope im wrong, but you know look, i will take tax cuts if it is coupled with reasonable reform, but also spending cuts. You and i both know we are dealing with Mitch Mcconnell and paul ran that have not been able to even get the most common than steel and health care. Tree into i dont think the Republican Party can come up with 50 votes in the senate for cutting taxes or tax reform are putting everything onto a single postcard. The vote think they are. Encompasses tax record, its difficult to disagree. The democrats opposition to even the most incremental tax cuts shows they would rather see this country go through difficult times than seek him succeed. How could you possibly be against repatriation. Its almost guaranteed Economic Growth, guaranteed economic progress that they are opposing every single turn. I hope the Republican Party for the sake of the political future. Trade to thank you indeed. Ive got this for you. Fashion designer donna karan appeared to defend Harvey Weinstein. Hes a movie mogul accused of decades of sexually abusing women. He questioned whether women who displayed themselves a certain way are asking for it. Liz is now walking back. Liz she made those comments last night. She said we as women need to look at ourselves and question how we present ourselves. Shes now walking lachrymose comment dating the statement she gave the reporter were taken out of context and do not represent how i feel about Harvey Weinstein. Sexual harassment is not acceptable. Rose mcgowan is very upset, the actress. She is boycotting donna karan. Donna karan has made a lot of money selling clothing and other lingerie and other outfits for women. So now shes in the active in the heat of the moment right now. Shes basically trying to defend yourselves. Stuart that story is not over. Now consider this. Judge napolitano. Im asking about Hillary Clinton and bill clinton. Shes a champion of women. She took a lot of money from harvey wines gain. Where is she . Is she handing the money back . No. If she is, shes not announcing shes handing it back. And mr. Weinsteins home in new york city she received a check for 125 million. He was a bit more meaning he put together highend donations because he had maxed out his wealthy friends during her campaign. Look, some people will say theres a good side to him in a bad side and the democrats are not in that category. If you engage in this kind of workplace harassment you are pure evil and we should have nothing to do with you, that they are not saying that with Harvey Weinstein because he is giving them too much money. They probably dont have it to give back to him. Stuart in a similar note, sidebar question. Of all the money accumulated in the Clinton Foundation, did any of it go to the victims of harvey, burma or puerto rico. And decoded the website the website of the Clinton Foundation, the answer is no, the bill participate with president obama, president carter in the expresident s find. The Clinton Foundation has assets into the billions. Stuart yes, billions of dollars. None of the went to harvey, irma or puerto rico. I find that astonishing. Stuart her has been blasted her awful book. She tried to talk her out of the topic. He tried to talk her out of the name. Call it what happened in your admitting something went wrong. Stuart substantially than the legal interests. Do the players has the unqualified constitutional right to jail sec had not sure . I cant answer it yes or no because the constitution only protects freedom of expression from the government. It does not protect you from your employer. Your employer is regulated by the state in which the employment occurs. Some states, new york, new jersey, california protect employees expressive conduct in the workplace as long as it doesnt interfere with the work product. Other states like texas, as jerry jones has been out front on this, do not afford that protection unless the workplace is on by the government. Question, who owns the dirt underneath Cowboy Stadium . Who owns giants stadium, now Metlife Stadium . The government. Therefore, freedom of expression is protect them interferes with the product. Waiting for the team. Stuart you are saying you could argue legally they can suffer consequences of their freespeech action . And farmers could demonstrate to an arbitrator in the agreement Players Union is taking a materially interfered with the work product, which is winning games. I dont know that they could make that showing that under the law they be given the opportunity to try. Stuart joe namath will pass judgment in a moment. A boyhood hero of mine. Stuart i know him very well. I was a waiter in a certain mistake many years ago. You a waiter, how times have changed. Liz funny. Stuart we look at this . Opening to the tune of 50 points to close at 22,761. That is very close. We will open up maybe 50 points. Looking like we are headed towards the record territory all over again. Cant wait. 20 minutes from now. General elect are taking it on their chin lightly. Big Management Change up in their decline of business. The stock is down 20 this calendar year. Bouncing back a mere 12 cents premarket. That sounds at 23 a share. Biggest loser in the dow in 2017. Stuart that 98 levels. Stuart up 40 until the crash. Now its around 23. There was a time when everybody owned a piece of ge. The winners always performed you. Transfer they are not bringing good things to life. Thats my oneliner. Prognosis for the most important product. Who is the admin for that . Ronald reagan. Before he was governor. Stuart i remember that. Keep going. Reminiscing. Dunkin donuts of all places having read of two dozen flavors come in doughnut flavor is gone. Simplifying the menu. They are dropping the word doughnut from some of the stories. They want to be a Coffee Company. Democrat congressman Luis Gutierrez blasted the policy and called it part of the white supremacist agenda. The top by a pious, immigration and Customs Enforcement is going to respond to that one later in this program. You havent seen this in a Football Game in a while. Every Single Player stood for the National Anthem last night vikings bears team. Look whos talking into the studio. Legendary nfl quarterback, hes coming. Joe namath. Here he is. Good man, how are you . We will be back. I can do more to lower my a1c. And i can do it with whats already within me. Because my body can still make its own insulin. And onceweekly trulicity activates my body to release it. Trulicity is not insulin. It comes in a onceweekly, truly easytouse pen. It works 24 7, and you dont have to see or handle a needle. Trulicity is a onceweekly injectable medicine to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. It should not be the first medicine to treat diabetes or for people with type 1 diabetes or diabetic ketoacidosis. Do not take trulicity if you have a personal or Family History of medullary thyroid cancer, if you have multiple endocrine neoplasia syndrome type 2, or if youre allergic to trulicity. Stop trulicity and call your doctor right away if you have a lump or swelling in your neck, severe stomach pain, or symptoms like itching, rash, or trouble breathing. Serious side effects may include pancreatitis. Taking trulicity with a sulfonylurea or insulin increases your risk for low blood sugar. Common side effects include nausea, diarrhea, vomiting, decreased appetite, and indigestion. Some side effects can lead to dehydration, which may worsen kidney problems. I choose onceweekly trulicity to activate my within. If you need help lowering your a1c and blood sugar, activate your within. Ask your doctor about onceweekly trulicity. Stuart i want more in the nfl in an protest with a very special guest joining us now, nfl hall of famer joe namath. And not to have you on the show commissary. Jerry jones, owner of the cowboy says you dont stand, you dont play. Do you agree with that rule . Well, i agree we should respect our flag and our country certainly, but i think weve lost sight of what the initial protest was about in the impression of the race, the black race. The thing is should, would a, coda it shouldve been handled early on. In the workplace, and the people that run the business have the right to say dont do that in here. Again, somebody comes to work in here right now protesting about something, do it on your own time. Millions upon millions upon millions of people pay more attention or take attention to the disrespect of the flag in the country. There are people who arent aware of the impression unless youve walked in the black man shoes, you may not feel bad. Stuart how do we get out of this . Is is to be getting worse and worse although everybody stood last night on monday night football. Espn which is enhanced in, getting worse. How do we get out of it . A continuing to improve the treatment of people generally come a respect for one another, love for one another and the unjust treatment was seen in the past in some cases need to be correct it. Cant snap your fingers. How do we get these protesters stop . Stop the hatred, the anger. The ownership has the right to tell the players, dont do it in here. Respect the players. Stuart you are in favor of the jerry jones ruled. You dont stand, you dont play. As mr. Jones role in i believe the work place, and the Football Players, sportsmen, ownership, coaches, lou holtz, the great notre dame coach expressed it clearly you can go ahead and protest every issue you think is worthy of it. But not in here. We have a focus here we have to do this together. We have to focus on something. Dont take this locker room, dont take this stage we are performing on and use it for something that is outside. Stuart if someone has outside the world of football, born and raised in england in the world of soccer, i simply want to turn on espn and watch the game. I dont wantnk i speak for 90 f football fans, dont i. . I hear you. Again, whenever you recognize the videos that have been shown us some unjust treatment to a specific race that we have seen, you want to step up their and not walking in the shoes again, okay that have been. Excuse me, let get it to stop happening. Stuart youve got a charity. You are trying to do something about this concussion problem that is obvious and football and youve got a benefit for the nero center today. Youve got to tell me whats going on. Did Neurological Research center deals with dramatic brain injuries. Its not just football. Kids fall off bikes. Ladies, men deadheading cars and how dramatic ring injuries and theres no recognize treatment for these injuries. We are doing a study of two satisfied 100 studies and how we do in fact help people with germanic ring injuries. I went through the process. My scans showed what was wrong initially in 2012, 23rd team. The brain was just working beautifully, blood flow everywhere. In this market have another scan in the brain looked better than it did back in 2012. It works and we are trying to help people with germanic ring injuries. Stuart you are a tipper and a good man. The truth actually. [laughter] i served in the same boozer with a double steak and youve got a single. As i recall, everyone was watching you eat it. Joe namath coming thank you for being on the show. Much obliged. Look at this. Mark zuckerberg showing off facebooks Virtual Reality platform by taking a virtual tour of the devastation of puerto rico. Taking a lot of heat for not coming you can understand why. More varney after this. [vo] when it comes to investing, looking from a fresh perspective can make all the difference. 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This is to promote the new facebook Virtual Reality app. Asher saw the whole of this. Ashley i did. They were promoting this yesterday with zuckerberg and the other person this is rachel franklin, for what he understand i dont think, tone as that some have described it, till he is counting the benefits of being able to use Virtual Reality in the form of these avatars. Meanwhile the devastation of puerto rico is behind it. At one point in this demonstration, you see zuckerberg inferno flooded puerto rican homes and all the devastation. He seen as enemies and we can trade for ourselves to these locations . He also did, to be fair, talk about the relief effort facebook is taking upon themselves because of puerto rico. This presentation rubbed people the wrong way because you are using devastated puerto rico is the background to tap your own political reality. Liz facebook is already cut the selling price for the oculus headset multiple times. They are having problems selling of Virtual Reality has set. Stuart not affecting the stock at all. Close yesterday at 16250 which is all close to its alltime high. Overall, this market is headed higher as we approach the opening bell. Look at this. Every indicator across the board, whether the dow, s p, who cares, all at or near record highs. Watch them grow after this. Volatile markets. Something we all think about as we head into retirement. Its why Brighthouse Financial is committed to help protect what youve earned and ensure it lasts. Introducing shield annuities, a line of products that allow you to take advantage of growth opportunities. While maintaining a level of protection in down markets. So you can head into retirement with confidence. Talk with your advisor about shield annuities from Brighthouse Financial established by metlife. Copdso to breathe better,athe. I go with anoro. Go your own way copd tries to say, go this way. I say, ill go my own way with anoro. 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