Transcripts For FBC Varney Company 20171011 : vimarsana.com

FBC Varney Company October 11, 2017

Need tax cuts. You know, i think he watches the show. Are you invested . Maybe you are thinking of getting out maybe thinking of jumping in your questions about the market will be answered on this program today. Now, the fires in Northern California not contained. The wine tourist industry shutdown it is another Natural Disaster that is unfolding here. And a personal tragedy 17 dead, 2,000 homes and businesses damaged more evacuations. It is a financial nightmare for the state and the wine business. Most of those tasting rooms theyre closed. So are many hotels and wineries have been destroyed. Some of the best known vineyards in the world have been affected ominously more strong winds are forecast for today. Were going to take you napa in just a moment. Weinstein flees to europe and nfl says stand for the anthem and President Trump barn storms for tax cuts in pennsylvania today. Yes, it is another jammed pack day. Varney company is about to begin. All right everyone lets get straight to the Deadly Wildfires in California Wine country. Born right there how many wineries destroyed or j damaged hillary . Stewart exact amount we dont know because had had of the vineyards are behind managed story evacuation orders with police guarding road blocks prevents vineyard own percent from going had many to scope out the damage. The owner of br cone winery says he still doesnt know the status of his hundred acre farm and also one of the longest familyowned wineries in sonoma say they know their vineyard is still in danger. The fire is approaching. But all they can do is wait. Were here at the winery in napa you can see theyre tasting room behind me completely destroyed this is just one winery that has been torched fires hit the ridge winery in Fountain Grove building buildings on 160 acres estate to the ground all of the product wine and restale destroyed thats a big loss for them because 90 of their sales are made directly to consumers. Mainly tourist who is visit the area. One of napa oldest wineries white rock vein is yards lost its family owned operation in the fire, this winery has been owned by the same family since 1870 the fires are still dealt a devastating blow to napas two big industry winery and tour usm last year alone curet, 3. 5 Million People visited napa generating over 80 Million Dollars in tax revenue and theres no telling when owners will be able to get back in to survey the damage, of course, remove all of this rubble an begin to rebuild. Stuart. Looks like it is shutdown hillary thanks for that good report well take it later now lets get to Harvey Weinstein heres whats new rape accusations have surfaced as reported by the new yorker magazine. Angelina jolie Gwyneth Paltrow among others have come out and said he harassed them. His wife has left him. And weinstein is going to yiewrm for sex rehab. All rise judge Andrew Napolitano is here. Do we have an extradition treaty with any european country that covers charge of rape and im serious about that question. J well extra tigs treaty with just about every krpght half a dozen the very small ones with which we dont. But that is not our obstacle look at the Roman Polanski case in switzerland allies of ours and country with which we have extradition treaties never extradited problem is in European Countries they will relitigate in the polanski case or litigate initially for reason hes wanted over here extradition is not automatic. Hangt come to that now were talking about rape as suggested in these there can be no extradition this will theres a charge. There can be no charge until theres an indictment. Police are generally reluctant to believe victims who come forward many years later. But it will depend upon a he said, she said so it is going to depend upon what evidence there is. Sometimes victim has told other o people it be. Thats substantiates the victims claim. Is this how you get out of it youre charged with this kind of thing you go to sex rehab and everything is okay . I dont know. I hope not look hes innocent until Proven Guilty but the allegations of inappropriate behavior in some cases criminal are so overwhelming it would be scandalous if he escaped all cons consequences. I know this is not really your subject area. But it is it sent me to reviewing the polanski case at 6 00 this morning. I can tell. All right judge thanks very much. See you shortly got it. All right hict Hillary Clinton barack obama they have finally issued statements condemning Harvey Weinstein remember hes a very big democrat donor. Liz peek is with us. This is a chronic embarrassment for the clintons case closed. No question about it. I think at the end of the day its all about money its about hypocrisy thats sort of the dual limb here right . The hypocrisy of all of these hollywood liberals who have been so quick to charge President Trump amongst others with offenses against women and not being in women corner et cetera, et cetera now we poipped out theyve been covering up that that is the correct word here. For decades bad behavior by one of their own, and within of their biggest producers i think it is appalling and dont think this was not well known. There have been some instance where is powerful, wealthy people and you can add tiger woods to that list have been misbehaving for a long time but there are money interest that dont want it reveal ed and not revealed until one person comes forward people should be offended by this. I dont know at this point whether clintons have gwinn back any money they got from Harvey Weinstein no word. I dont know. Judge told us yesterday that not a penny from the Clinton Foundation wept to the victims of harvey in texas. The victims of irma in florida, and maria in puerto rico. Not a dime. Not a political gain in that anymore. Come on. The Clinton Foundation is a sham. And it has been you know, pretty thorrowly that must of the u money went for political aim of the clintons and supporting clinton. That is actually a fact. Bitings comment there. It is true. Anyone who says otherwise has to read up on what i say. [laughter] stick arranged on the market i want more biting comments please. We like that stuff here. Liz stay is right there. Stuart lets get to the markets right now because the market is still in record territory. Actually ill go back to liz peek have you ever seen anything like this futures going to open pup 3 point, couple of points another record high. Have you ever seen anything like this . It is remarkable considering we have had this string of unmitigated disasters, hurricane and fire and all of these things and political unsernght and gee political unsernght with korea, a lot of things that could be driving this market down but hes whats driving it up. It is Economic Growth here and around the world a king the and actually accelerating Economic Growth outside of the u. S. And in the u. S. We have 12 increase in earnings looking at the fourth quarter. Thats remarkable hop and were going to see more of that Going Forward particularly if question get tax reform. 24 and a half percent. The eighth who saw that come something i dont know anybody. Mob. Remember it was a tank the markets were going to tank. Straight down. The government. Started with intersection 98. Exactly. Getting tax reform. President trump barn storming on taxes in pennsylvania tad chair of the Tax Writing Committee offered no frog what is being made and reportedly only 31 legislative days remaining this year. Come in congressman scott perry a republican from pennsylvania. I think youll be at the speech tonight if im not mistaken is that right congressman . Great to be on the real news, stuart. [laughter] stuart you can come back any time you like, sir. I would like toker what a barn storming speech from the president tonight. I dont to see no teleprompter but grip the crowds and get that crowd going for tax cuts. Not tax reform but i think this time to do that tax cuts. You with me . Absolutely. It is long been time to do tax cuts, the americans know intuitively instinctively that theyve been paying too much that their government is wasting their money. President reason on one of the Critical Issues that he sold pennsylvania lets reare mind everybody that pennsylvania and particularly this part of the state where hes coming to is the part that put him over the top. When pennsylvania came in we knew everybody knew it was completely over and election night, and donald trump President Trump saw this coming. The growth you were just talking about he envisioned this and part of that envisioning is tax cuts. And thats what hes going to sell tonight in pennsylvania. Do you agree with me it has got to be tax cuts and schism straightforward go right at it tax cuts because we dont have the legislative time for a broad based rrm of the whole tax code. It is pretty exactly right stuart. Simple, fair, tax cuts. Thats what people are looking for we like it to be bigger the president would like it to be bigger lets face it some of my colleagues in this town cant get around fixing health care which theres a lot of money sunk into that, and refuse to do anything to cut thinking, and wasteful spend manager washington, d. C. If you cant cut that stuff theres only so far you can go. So i thinkth would like it to be bigger i certainly would like it to be big or but we have to take it as far as we can and cant be just moving cup arranged on table it has to tax cuts acrosse board so everybody can realize opportunity of america. Stymied for 0 years. Scott perry well be watch withing the president tonight fox business i believe will be covering it and im sure youll be there. Republican, pennsylvania, thanks for joining us sir, appreciate it. Yes. Going to talk soccer im afraid question of to. This is an embarrassing loss for the u. S. Mens National Soccer team losing to trinidad last night. Final score 21. That means our mens team will not be in the world cup first time thats happened since 1986. Thats your soccer coverage for the day ladies and gentlemen. Thats plenty. Thats enough. Good news for cord cutters may be. Apple and Steven Spielberg are working on a deal to develop original con tengt a ten episode remake of the 1980s show Amazing Stories apple going right to the top of the directors there. Steele burg with apple, north korea another big show of force military force from our guys. The air force flying two b1b bombers and jets over the Korean Peninsula that a show of force. Latest on the nfl Roger Goodell finally coming the against the National Anthem protests. Well tell you what hes saying now and how our president is responding. Well be back in a moment. Rence. It can provide what we call an unlock a realization that often reveals a better path forward. At wells fargo, its our expertise in finding this kind of insight that has lead us to become one of the largest investment and Wealth Management firms in the country. Discover how we can help find your unlock. Informal commissioner Roger Goodell sendingings information about part of the roves. Like had many of our fans we believe rch would stand for the National Anthem. Prumple tweeted this, it is about time that Roger Goodell of the nfl is finally demanding all players stand for our great National Anthem and respect our country there it is on the screens right now thats the president ial tweet joaning us right now formaller espn reporter ire and tore to the federalist. Can you break this don for us. What on earth is going on at espn . As more opinion type personals come and especially with the president tweets about the nfl, there are commentary weighing in on the subject, and i can just speak from being conservative a lot of people who felt the same as i did were timid to express their opinions so when you see the suspension recently of jamal hill what is whats about the issue itself, and repeatedly violating a social media policy which is vague at best. She weigh withed in on anthem protest making a stand with with your wallet which i have to point out to you stuart if you go at advertisers like ford bank of america at t theyre on espn so not only violatings social media policy for the second time in a row, youre attacking Company Bottom line so biting hand that pedes you. Youre biting hand that feeds you. Dont have to do that. It is a terrible idea. [laughter] i wonder is there a connection you were a conservative. You worked at espn you left you felt some political pressure. Did that pressure come from the top rank there, disney because they own espn . Was that where some pressure came from . Theres a lot of rumors and speakinglation out there about bob iger the ceo of disney about whether hell run for president in 2020. So as a democratic nominee so when you you hear those things, you see the espy arkansas thy ash award going to Caitlyn Jenner that movement opposed to a veteran you start to raise some questions yourself. I was told to not even like conservative leaning tweets on twitter so its a little bit of a difference. Whoncht told you who told you not to like on conservative tweets . Who said that to you . With respect, i will keep that behind the scenes. Espn management . Yes. But i think right now with this anthem protest issue stuart it is hitting the bottom line as you mentioned had in dallas Americas Team ratings on the dow fort worth area for this past sundays game were down 17 compared to the same time frame last year jerry jones is seeing that. By the way, jerry jones donated one Million Dollars to President Trumps campaign. The other owners are seeing this going on. And theyre making a collective decision to do whats best for their business. Yeah. They got to knock this off they have to stop is this protest and respect the flag if they want to get that business back. That will be my opinion. Brit thanks im glad you agree with me on this one. You come back soon. I love to see you again soon. Check this out, a nurse in utah cuffed and dragged out of a hospital because she refused a Police Detective order to draw blood from the suspect. A suspect. The cop who arrested the nurse is now out of a job. Napolitano bringing him down to break that down after this. Who knew that phones would start doing everything . Entertaining us, getting us back on track, and finding us dates. Phones really have changed. So why hasnt the way we pay for them . Introducing Xfinity Mobile. You only pay for data and can easily switch between pay per gig and unlimited. No one else lets you do that. See how much you can save. Choose by the gig or unlimited. Xfinity mobile. A new kind of network designed to save you money. Call, visit or go to xfinitymobile. Com. Well, the utah detective who was timed handcuffs doctoring a nurse this is back in july, that detective has been fired. I think weve got to bring the judge back to this one as we watch the scene unpoled many that video back in july. Now, did the Police Officer exceed his legal hort when he arrested and cuffed a nrs. Mt. He answered a sterile area of an emergency room and he himself would not be in sterile gear arrested her for a noncrime and he knows that law in utah and everywhere in the law is yowpght blood from a patient you show up with a warrant. Not only is that the law but express agreement between that hospital and the Salt Lake City Police Department a written agreement their officer when is they want evidence from a person in emergency room have to have a warrant with them. Do you have any idea why he would do this . I think having ryed these cases, he probably was concerned that the body would ma metabolize alcohol and by the time he got the warrant reading would not be be a true reading. But you know what there are experts to extrapolate what it was at the time he wanted the blood even though he got the blood hours later even though it takes tile to get the qarnt so you can get true reading by doing some math. But we i dont think this would happen. Had not one of the nurses colleagues done it it was not a body cam that filmed it. It was one of the nurses in the er are so outraged at what was happening to her colleague will you can see it. There shes being arrested and prevented from attending to somebody who was bleeding because she wont do what cops say. With a cop handcuffs and dragged out. This is not the end of his problem he could still prosecuted by feds using color of hort to interfere with somebodys free movement. Lets see how this works out but this man is out of a job as we speak. Whanch took them so long . Happen haded back to collective Bargaining Agreement between the police union and a lawsuit. A lawsuit in the making. It looks like it doesnt it all right judge you served your purpose. See you in the 11. Im glad ive served my purpose. [laughter] get out of here. [laughter] lets have a look how market is going to ep up today. I dont know how many records weve hit on the dow since i think it is about 50. 500 maybe a loss and going to go up just a tad mored a opening bell today this is extraordinary stuff. Say with us please, watch your money grow. It is fun. Alerts wouldnt you like one from the market when it might be time to buy or sell . With fidelitys

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