Hollywood ought to be worried. And twitter so confident it may charge for hash tags. Were going to follow the countdown. And three more governors speak, you follow the money, its flowing into technology and you will see as Varney Company starts the new week. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. A tech takeover driving americas economy and the market, too. Look at this breakdown. The entire stock of apples new iphones sold out in less than 24 hours. 9 million phones all over the weekend, thats a record. 200 million phones now operating on the ios 7 system. Apple telling its customers dont expect to get your hands on one until next month. Ill tell you now, that stock is going straight up. The video game grand theft auto five taking in a billion in sales, thats more than every movie released this year except for ironman 3. That was another favorite. And online streaming winning the entertainment, house of cards the best director award, first major victory for any online video distributor. Twitter may have found a way to monetize itself before the forth coming ipo. Reports it may start charging companies who use hashtags to promote their products. Thats how confident they are. Tech is one pushing the economy forward, i repeat, the geeks shall inherit the earth. While the geeks are in the economy, government cant get it together. Days until a shutdown and nancy pelosi says there are no more cuts that congress could possibly make . Why now . Theres no more cuts to make. Its really important that people understand that. But when the Congress Woman says that lawmakers have to pass obama care to find out whats in it. Now, Liz Macdonald has three things that could easily be cut from a 4 trillion dollar budget. Maybe yours truly knows a thing or two. Brian kilmeade was way off on this one. More on that in our next hour. Moments from now youre going to see technology, how its pulling in the money, apple stock zooming. Stay right there. [ indistinct shouting ] [ indistinct shouting ] [ male announcer ] time and sales data. Splitsecond stats. [ indistinct shouting ] its so close to the options floor. [ indistinct shouting, bell dinging ]. Youll bust your brain box. All onhinkorswim from td ameritrade. [ male announcer ] now, taking care of things at home is just a tap away. Introducing at t digital life. Personalized Home Security and automation. [ lock clicks ]. That lets you be cloto home. Thats so cool. [ male announcer ] get 100 in instant savings when you order digital life smart security. Limited availability in select markets. Limited availability in select markets. Nascar is about excitement. But tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. Thats why we partnered with hp to build the new nascar fan and media engagement center. Hps Technology Helps us turn millions of tweets, posts and stories into realte Business Insights that help scar win with our fans. From capital one. Boris earns unlimited rewards for his Small Business. Can i get the smith contract, ease . Thank you. Thats three new paper shredders. [ boris ] put em on my spark card. [ garth ] boris Small Business earns 2 cash back on every pchase every day. Great businesses deserve unlimited rewards. Read back the chickens testimony, please. Buk, buk, bukka [ male announcer ] get the spark Business Card from capital one and earn unlimited rewards. Choose 2 cash back or double miles on every purchase every day. Told you id get half. Whats in your walle time is on my side oh, yeah, time. Were near a Government Shutdown. A congresswoman is with us, is she willing to shut down to defund obama care . And Scott Shellady is it with us, scott, i say that this possible Government Shutdown is not a factor in todays market trading. Am i right . I think youre absolutely right and for one reason. Weve had a lot of Different Things to worry about over the last 18 months. Weve only had two 5 pullbacks and this is not going to affect the government like syria didnt affect the markets and like a lot of other things havent given us the downdraft. They havent ride. Stuart stay this for a second, scott. Im going to read this announcement. Just got it in from the new york fed governor. He says, my quote, we have yet to see any meaningful pickup in the economys forward momentum. Scott shellady, that sound like hes in favor of keeping on printing. I tell you one thing, a lot of investors are tired of being jumped around from every statement from every fed governor every day. Yeah, like the governments going to like to see, and fed needs to see, two or three wrong months in a row of good economic figures. Even if we get a good jobs number. Were going to need to see great in october and december. Were not going to move this month or for the rest of the year. Probably looking sometime maybe the end of First Quarter next year or maybe the end of the Second Quarter next year, but we need to see strong numbers in a row and thats what the feds worry about. 1937 the fed made a mistake and raised rates too early and thats what bernanke is afraid about. Stuart lets get the history into the action. Why not . Scott, we hear you and that statement from mr. Dudley, i dont think it moved the market that much. We were going to be down, we are down, but not by very much. In fact, its a pretty flat opening as opposed to a down opening that we had been expecting. Now, here is the real story of the day. This one is moving money. Pp. Ol 9 mli i atrd. Heut untex mon. Socolerigh from the getgo with are is the stock. This is through anybodys estimate is up 26 now. 493, it was approaching t 500 mark. 9 million iphones, they didnt break it down for the iphone 5 s versus the c and we cant leave out the fastest Software Upgrade in history. Apple added more than 200 million of the new ioperating 7 devices are now running. So, thats huge and the tactful fastest Software Upgrades. Stuart one of the premises of todays program is that money is flowing into technology and apple is the prief example. Stay on that stock for a second. I want to move on. The money is flowing to technology. Take a look at this. Take twos grand theft auto five sold billion dollar worth of product over the weekend, not bad for what, three days. Shares are up 50 this year and the stock is up this morning. Totally different story for blackberry. Old line tech, i guess you could call it that. The company will move away from the Consumer Market and focus on smart phones for government. And nine brokerages have slashed the target price and its down another 4 this morning and blackberry is at 8. A big winner at the emmies, netflix, the first win from a download site. Nicole, net flicks stock please . New high for netflix, who said they hadnt run up enough. The high of the day 320. 39. House of cards gets an emmy, first emmy ever. Didnt see it on tv and its unbelievable, a whole new way of life. Stuart well, its technology in practice and the mo money is going straight at it. Apple, netflix, take two. Its an extraordinary story, if you couple that with the statement from this fed governor, dudley, you know, we havent seen real signs that the economy is moving forward that well, put it together and we now have a stock market thats going up. Were up 11 points this monday morning. 15,462. We are, of course, on Government Shutdown watch. We have to be. Lets bring in republican congressman diane black and she joins the company, from tennessee. May we get straight at this without the side talk and the gobbledygook. When push comes to shove are you going to vote in the house to defund obama care even though you know it cannot happen . Oh, good morning, stuart, thank you for that direct question. You know, as well as i do, the American People do not want a Government Shutdown, but neither do they want obama care. And thats the reason why the house took action last week where we packed the bill that would continue government funding, but it would defund obama care. So, we know what the people want. We know what direction were going because we know that this bill that the president has called obama care is just wrecking our economy. Stuart okay, hold on a second. Youve passed this bill in the house that says defund obama care, but we will, we will fund the rest of the government. Its gone to the senate. Its highly likely that the senate will strip out the defund obama care deal and send it back to the house fund the government. At that point youve got the choice, do you not fund the government . Because you want to defund obama care . Or do you fund the government and keep it open . At that point what do you vote . Sure. Well, first of all, i dont want to speculate just what will happen in the senate . We dont know for sure. Its good that the senate is able to debate this and give the American People an opportunity to see an honest, transparent debate in the senate. Its good that we finally get them to do that. We have a number of senators up for reelection. Obama care is wildly unpopular and more unpopular as days go by. I dont want to speculate whats going to happen in the senate. Well make that decision at the end of the day when they send us something back. After that decision is made on defunding obama care, after weve done that. We have to go through the process, whether or not were going to get the government borrow more money. The debt ceiling is coming up about mid october. Are you going to consider not allowing the government to borrow more money . Would you consider allowing the federal government to default . Well, i think what we have to make sure that we do, we have to make sure that we have that conversation as well, of how we cut and continue to get in government in a place where we can have a balanced budget and we have done that again in the house. Weve had plans that weve put out there, voted for, that would send us in a direction where we could have prosperity in this nation and get to the point where we dont have to keep borrowing money and thats a conversation that needs to take place as we deal with this very important issue. Stuart i think the media is going to make mince meat of you, and say that republicans have shut down the government, republicans have driven us to the brink of default. Its your fault. Look, i think thats the way its going to come down. Congresswoman, im sorry, we have to move on because we have an interesting market situation today. Come and see us again as this showdown gets closer, thanks for being with us. Id love to see you again. Stuart its a deal. Thank you very much. New at 10 00, here is what weve got for you, pope francis talking about this, and said the Global Economy can no longer be based on a god called money. Were going to highlight that at the top of the hour and discuss. Our theme this monday, tech rules, the geeks shall inherit the earth. They have. Keith fitzgerald from portland joins us, am i right . Thats where the money is flowing, and where you put your money, technology is king . Well, i think that technology is not only king, but one of the things that the government doesnt understand, its immensely profitable. Look at apple, the game world, the tech side, i mean, this is where the money is going. Stuart okay. What about this Government Shutdown . I say its playing no role what well, no, a very limited role in the marketplace this monday morning. What say you . You know, i just, i cant help, but agree with you, stuart. Our government is lurching from one crisis to another, the markets have decided its a none issue. The americans are just dull to the point, not were dull, we are absolutely dull by government incompetence and so we decide to move on and hunt for Profitable Companies which is what every investor should be doing anyway. Got it. That, by the way, is charles paynes point and your point and just look at apple this morning. By the way, weve got the fed governor out of new york, mr. Dudley, and there are three statements from fed governors due today. I dont know what theyre going to say, but theyve got statements there are going to come out. Are you tired of being jerked around by every single statement from every single fed governor comes along, up goes the market, down goes the market, are we not getting tired of this . Thats like the scene in one of the silent films, somebody needs to take a hook and yank them off camera. Theyre so badly out of touch with how the rest of us live, their statements have become dangerously irrelevant and i think its a very interesting point because again, money is falling into tech, money is flowing into defensive stocks and into Global Brands right now. These guys analytics are in touch with the markets of a hundred years ago. Not in touch with todays markets. They have a hard time measuring the value that investors actually find worth their time today. Stuart yeah, weve got a bug on the bottom of the screen that shows apple up 25 as we speak. One last one fast. Angela merkel wins a third term in germany. Do you care . Oh, absolutely. You know, shes pulled a faster here, shes an iron will. The question is if she has somebody to work with. Follow the news, the euro stocks 50 shorts went to 1 is 1. 7 and this says that the bear have given up and we could see a nice market led by none other than germany. Stuart keith, good to see you. Check the big board, im going to call it flat. 3 points, thats it. Ben bernanke, im saying hes the most powerful man in the world. After the break, we pull back the curtin and show you why. Announcer where can an investor be a name and not a number . Scottrade. Ron im never alone with scottrade. I can always call or stop by my local office. Theyre nearby and ready to help. So when i have questions, i can talk to someone who knows exactly how i trade. Because i dont trade like everybody. I trade like me. Thats why im with scottrade. Announcer scottrade proud to be ranked best overall client experience. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. Peace of mind is important when so we provide it services you bucan rely on. With centurylink as your trusted it partner, youll experience reliable uptime for the network and services you depend on. Multilayered Security Solutions keep your information safe, and secure. And responsive dedicated support meets your needs, and eases your mind. Centurylink. Your link to whats next. [ engine revs, tires squeal ] [ male announcer ] since we began, mercedesbenz has pioneered many breakthroughs. Breakthroughs in design. Breakthroughs in safety. In engineering. And technology. And now our latest creation breaks one more barrier. Introducing the cla. Starting at 29,900. Starting at 29,900. train horn vo wherever our trains go, the economy comes to life. Norfolk southern. One line, infinite possibilities. Okay. Look at the price of gold. Its down this morningment weve got two fed governors, two fed governors who suggested maybe we keep on printing. No effect on gold. In fact, its down 9, 1322. Big change for the dow going into effect today. Bank of america, hewlettpackard, alcoa, they are out. Nike, visa, goldman, they are in. Those three stocks, by the way, down today so far. You always hear about ben or the Federal Reserve, very much in the news. How much do you really know about the Federal Reserve . One film maker sets out to answer that question. Check this out. Across the world, the fed is the symbol of the integrity and the reliability of our Financial System and the decisions of feds affect the livelihood of all americans. The fed is supposed to be the guardian, preventing chaos in markets. Now, usually it can do that. In the summer of 2008 it doesnt do that. We did get chaos. Oh, okay. Lets bring in jim bruce. He is the director and the producer of that movie money for nothing inside the Federal Reserve. Jim, welcome to the program. Ive often said that i think that ben bernanke is the most powerful man in the world. Most americans dont know much about the Federal Reserve. Is your movie critical of the fed . We do take a critical look at the fed. We try to have a balances perspective and try to get the fed credit during different times in its history. When it got things right, but if you look at fed history there are a number of times its gotten things wrong and we take a hard look at that and try to show people the impact of fed policy, you know, not just on our economy, but on peoples lives. Do you take a position whether or not the fed should be apolished. A lot of libertarians want it gone. They dont like this thing. Do you take a position on that . I think we dont, we dont call for the end of the fed, but we do question its current policies and question whether theyre on the right path. Whether theyre creating another perhaps bigger problem, if you look at the last 15 years, since the stock bubbled in the 90s, each time the fed responded to a crisis theyve created a new larger crisis. So, we definitely call into question the path theyre on and what theyre doing, but i think if you look right now at the role the fed is playing in the stock market, theyre the biggest player in the Mortgage Market and the biggest player, they own more Government Debt, almost twice that of china. If you say lets get rid of the fed, thats a tricky question. Youre not right for ap abolition, you dont li