Vice president says we never promised highpaying jobs. You will hear him say it and you will see netflix publicly blamed cable carriers. Is a big day. Varney and company is about to begin. Thursday morning, we are up 24 points. That means we are in record territory. Diaz and the 500 coming up another record close, 1929. That was a perilous year. The level of the s p as of now. Look at gold, on the year so far, a calendar year up 40, up 10 today. In europe and new developments, big banks have to pay other big banks to keep money in accounts of big banks so you put 100 euros in you will get 99 euros back. Is called a negative interest rate. It is new and happening now in europe. Move on to americas benchmark Interest Rates, the yield on the ten year treasury, no change despite what is going on over there, 2. 60 . We can expect maybe an amazon smart phone later this month, that is the speculation, some announcement coming, stock is up 10. Investors like the idea. Twitter in talks to buy an online Music Company called sound cloud. The market likes that too, 2. 7 gain for twitter. Gms chief mary bara could teach our government about leadership, gm fundamentally failed to meet customers needs, taking responsibility, fires 15 people, stock up 36. Fox news polls making headlines today. The approval level down to 40 . That is the approval of president obamas job performance. On the other side of the coin 54 disapproved. 55 say the Obama Administration made the country weaker and this is a financial program, 39 approve of the president s job on the economy. 50 disapprove. All of this very negative numbers for president obama. Tomorrow we get the jobs number for the month of may. Many jobs have been created but are lowpaying jobs. Listen to what joe biden said about it. We made sure no one got left behind. We didnt guarantee every new job would be a highpaying job. Stuart we didnt guarantee there would be new job would be a highpaying job. Now he tells us. Monica crowley is here, 30 seconds. This doesnt surprise me. A little burst of honesty from this administration about their economic and approach to job creation which has been nil for the last six years. Look at those poll numbers, president obama is in the 30s not just on job approval but the economy, job creation, anything related to the economy, obama care, he is in the 30s. Americans are finally waking up to this idea if. Is a administration hasnt been interested in job creation. They have been fundamentally interested in a fundamental transformation of the nation, taking the country stuart you are right. Fundamentally transforming america. You wrote a book about that. I say you cant reverse this even if the republicans sweep the senate this november. You cant reverse it until you get a republican in the white house, and even then it will be difficult. Hard to run against sandra paul. Stuart i will narrow you down. I dont think within the next couple years you can reverse the damage that has been done. You cant as long as this president is in office because he holds the major lever of power in a white house. You have to wait until 2016. The republicans are running against Hillary Clinton, they have an uphill battle too because hillary will position herself as the competent one because the narrative is obama is not competent on Foreign Policy or the economy. Hillary clinton will be the competent one. They will have to challenge her on that because if you get 16 years of this extremist leftist socialist policies locked into america than you really cant reverse it. Stuart socialism. Stuart you have to speak about what is going on in america if youre going to counter it. Stuart check the big board, thursday morning, europeans are taking action and the dow was up 30 points, 16,767. In europe, take a look at the euro, it is up a little bit, 136 is the quote. In europe you have to pay european banks to take your money. That is the big picture, negative interest rate. Trying to explain this. I give 100 on deposit in the bank, they dont pay any interest, they pay 99. Charles they wont pay interest. All these banks, where do they keep their money . Central bank, the central bank is saying to these banks we will give you less of your money than you give to us but if you dont hold of what you do . You have to give up. What bothers me with Central Bank Policies is everything goes through the large banks. That is why the notion of too big to fail will always be with us because we bailed out, past, and begged them to use the money that was printed up and when a disaster hits, 4 trillion becomes a disaster we all feel the pain. Is ludicrous it has come to this. They may go down the q e path. Mario draghi promised you still might seduced me a little bit more. You are going to buy all my terrible assets and overpay for the maybe i will lend money. Stuart we are getting some benefits and not much, 30 points up on the dow industrials got to deal with General Motors, chief mary bara owner of to the companys mistakes, fired 15 people for misconduct, incompetence or failure to act. She also said we can expect more recalls. I dont know but i think the stock is up. Nicole you were right with that, traded today as high as 3704 but hovering around the lows of the day, she spoke, took ownership of all the missteps of General Motors c, the families who lost their lives because of this and you see the stock down 0. 6 but really Going Forward looking and more recalls, years of litigation and as you noted 15 people fired and at least half of those, more than half were senior executives. More to come from gm but today a little backandforth action. Stuart we have some fresh obamacare outrage this thursday morning. The new documents show more than 2 million obamacare applications with data discrepancies. 1. 2 million related to income, 500,000 have issues with immigration status, 461,000 have conflicts related to citizenship status. The suspicion is the people falsely reported income or immigration or citizenship status to get a subsidy. This is socialized medicine, this is what you get when the government takes over 1 6 of the economy and this is the tip of the iceberg, this is on the heels of the announcement we got from the congressional budget office, the cbo saying they can no longer accurately assess the fiscal impact of obamacare. This is just the beginning, talk about reversing of the first thing you have to start with is socialized medicine. Got to repeals that. Stuart encouraging people to cheat, well give you the subsidy. Waste, fraud and abuse, here it is in spades. Stuart im getting all bent out of shape. The price of amazon please review of it you will like this, it is up 9 bucks. They released this video announcing a big event later this month. They are trying to hint that it will be a smart phone. The smart phone announcement we have all been waiting for, at least the analysts have. Digital trends editor in chief Jeremy Kaplan is here. On the video all you could see was people squinting at something they were holding like this, the implication was it was the smart phone. What is this thing i am holding onto . Stuart is it a smart phone . We have seen pictures of what is purportedly this device, crazy weird new 3d interface. Stuart 3d interface . What is that . It means the stuff you are looking at appeared to be realistic and also means you can interact with the phone in weird ways by tilting it or gesturing at this. Follows your eyes and does strange things. That is the rumor we are hearing. Either no legal credence to it. Stuart some other device, another piece of hardware like the kindle where the fire. They are expanding everywhere. Everywhere. The kindle is a good point. This is exactly like the kindle. Another way for amazon to sell stuff. That is all they want to do in the kindle the great job. It helps them to sell things. In theory if they do the same with a smart phone there on all cylinders. Stuart they are called amazon which is the biggest river of the world. One more for you. Netflix calling out publicly cable providers by name if they are giving slow Internet Connections with at t and verizon customers with a slow connection to netflix, the following screen popped up when they try to stream a movie. You can see it. The verizon or at t network is crowded, adjusting video for smoother play back. Verizon firing back, it is a netflix pr stunt blaming netflix for the slow connection. What is going on . So much more complicated than that one screen lead you to believe. Netflix is blaming the carrier. The carriers are blaming netflix. It is a thorny issue. Stuart theres a flight to plays faster speed. If you are driving yourself from here to tennessee, they are on your driveway, city own streets, state owned streets, they have their own private streets, lots of streets that is all rubber and asphalt. Same with day. Data traveling over the internet, lots of people own those. When your netflix dream to get to you because of verizon or all the other carriers involved in that. There are a lot of deals. Stuart netflix is getting out front and saying it is not us, it is them. Verizon is greedy, netflix is greedy. Charles if you pay extra do you want more access. Greg point. The thorniest part is for rising gets paid twice when you watch a video on netflix. You, the customer pay for it. Netflix is paying verizon for it. Is that right . May be it is. It is hard to serve up that little bit stuart the age of the lane of netflix. Stuart you stream netflix . Everyone does. But what am i missing . Thank you very much, thank you. It is some harsh stuff for you. Amateur hour at the white house, the latest example comes from the state departments mary hart, taken to task by a reporter of bergdahls release. To nancy pelosi confronted by a teenager on an nsa spying scandal. Here it is. Violation of the Fourth Amendment . What they do should be subjected to scrutiny and some of the same and any other function as well. [ male announcer ] whether it takes 200,000 parts, 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. Whether its building the worlds most advanced satellite, the space station, or the next leap in unmanned systems. At boeing, one thing never changes. Our passion to make it real. The numbers are impressive. Over 400,000 new private sector jobs. Making new york state number two in the nation in new private sector job creation. With 10 Regional Development strategies to fit your business needs. And now its even better because theyve introduced startup new york. With the state creating dozens of taxfree zones where businesses pay no taxes for ten years. Become the next business to discover the new new york. [ male announcer ] see if your business qualifies. Stuart we are moving up nicely, of 50 points on the dow industrials getting close to 168. Dont look now, apple stock hit a 52 week high of 649 earlier coming off of that high on apple. Now of this, mary hart, u. S. State Department Deputy press secretary at a conference yesterday defending the bergdahl prisoner swap, got taken to task by a reporter. Broadly speaking we considered all options to get him back. This was judged to be recently, we believe this was the best probably last chance to get him home. Stuart she was taken to task by a reporter, that was a different sound bite. I wanted ms. Hart does not inspire confidence that she is the person the president chose to represent the state department. Ambassador john bolton is with us. It is tough to stand up there and defend the doubletalk. Is how we appear to the rest of the world. Children are wonderful. And that is strong stuff. Stuart that is strong stuff. The state department spokespeople under john kerry have been more partisan than any in my experience since my first involvement in government in the Reagan Administration and the clip that has gone around on youtube is soldiers who fought with bergdahl in afghanistan dont know what they are talking about when they say he left his post and deserted and said bergdahl knows best what happened that night. It is humorous in a sense because it is so inane but it will be increasingly serious because it is part of what seems to be and Obama White House campaign to indians as soldiers who are trying to explain what happened when bergdahl walked off the base. Stuart what is Vladimir Putin going to say . What does the leader of china think whhn he sees america represented in this way and getting into this kind of mess . What do the terrorists think about that performance . Surely, will they be laughing at us . That would be the best we can expect from the president through all the top advisers, weakness, lack of experience in the world, lack of seriousness is the only way to describe it. From the perspective of our adversaries they can use the next 21 2 years to take advantage, that is what is going on. If you look at the playing out of ukraine crisis for example Vladimir Putin was in a deep hole when the government was overthrown in ukraine, he is basically back to where he was before because of the leadership on the western lines. The release of five prisoners from Guantanamo Bay if the Prison Guards at guantanamo let these guys walked out they would be courtmartialed for incompetence but that is what the president did, he gave away five killers and essentially got bergdahl back in return. Is not a good trade. Stuart we are a financial program. We follow peoples money. Dont know what will happen to peoples money. Down the road do you think our Foreign Policy are we going to be pushed in Foreign Policy to the point where our finances, our money is affected . Absolutely. Stability in the world is minimal but what stability there is allows international trade, travel communication, since world war ii, has depended on the strength of the United States and its system alliances, obama in five years has gone for the unraveling that, when you reduce stability in the world you reduce economic transactions and economic growth. The risks are very high. Stuart theres a risk the president will turn around and dare i say it . Do something rash because he is under such pressure, that too is a danger. I dont think the president appreciates the depth of feeling generated by this bergdahl scandal. He is in europe and remove from it. I see in every way the pressure on him growing, his allies in congress, the media are deserting him, press conference a few moments ago in brussels show he is doubling down, when he realizes how bad this is for him politically and that is what his calculus is always about the risk of him doing something to recoup his political losses is grave indeed. Stuart thanks as always for joining us. I want to show you the big board because we are getting close to 16,800, 16792, that is a new intraday high as we say. And no point ever has the dow been at that level before. And double marijuana should be regulated, turns out you vote your disagree with me. Your take on edible marijuana and regulation coming up next. We are taking your views from facebook. [ girl ] my mom, she makes underwater fans that are powered by the moon. She can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. My mom works at ge. Stick with innovation. Stick with power. My mom works at ge. Stick with technology. Get the flexcare platinum from Philips Sonicare and save now. Philips sonicare but with less ergy, moodiness, i had to do something. I saw mdoctor. A blood test showed it was low testosterone, not age. We talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. Axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. Women, especlly those who are or who may become pregnant, and children should avoidt where axirons applied as unexpected signs of puberty in children or changes in body hair or incased acne in women may occur. Report these symptoms to your doctor. Tell your doctorbout all medical conditions and medications. Serious side effects could include increased sk of prostate cancer, worsening prostate symptoms, decreased sperm count, ankle, feet or body swelling, enlarged or painful breasts, problemsreathing while sleeping and blood clots in the legs. Common side effects include skin redness or irritation where applied, increased red blood cell count, common side effects include skin redness headache, diarrhea, vomiting, and increase in psa. Ask your doctor about axiron. That corporate trial by fire when every slacker gets his due. And yet, theres someone around the office who hasnt had a Performance Review in a while. Someone whose poor performance is slowing down the entire organization. Im looking at you phone company dsl. Check your speed. See how fast your internet can be. Switch now and add voice and tv for 34. 90. Comcast business built for business. Stuart 40 of pot consumed in colorado is edible and that is where regulation in my opinion is most needed. How about a warning label that makes it clear this is no ordinary candy bar . And inspection regime makes sure t h c is spread evenly through the product. Will it be out of the question to have pot dispensers on dosage . That was part of my take on why i believe edible marijuana could be regulated. We discussed this with judge edward judge judge and dermott, for andrew napolitano. Judge napolitano they were about chocolate . It is her fault. Who would not know it is laced with marijuana . Stuart explanation required. He was referring to a column by maureen dowd who had gone to colorado, 8 hole candy bar, got a nasty reaction. That is what he was referring to. Doesnt want any regulation of edible marijuana at all. We ask you, what do you think . Do you think we should regulate the edible stuff . Many of you agree with the judge, not me. Joshua says there is no need, no one has ever been harmed by it and you cannot overdose. Mike and there should be no regulation on weed. Dont we have enough government in our lives . Some of you did take my side, kilby pleaded this, marijuana needs some regulation but be careful. Overstaxation and regulation will recreate criminal markets. Thanks for your comments, keep them coming, short and to the point. Next cases might be the best free ad for go pro yet, a biker in south africa out for a ride, a group of