Transcripts For FBC Varney Company 20140612 : vimarsana.com

FBC Varney Company June 12, 2014

364. Four dollars in california. As we digest all of that disappointing news, cheer up, everybody. We have a new instant billionaire. 400 million from the banks. Varney company is about to begin. Stuart we know that both sewall has fallen. We just got the news that cribbs has also fallen. What is your reaction to this. Great job obama. Great job, dude. It is flat out chaos. Taking control of two of the countrys biggest cities. Now moving south. They are approaching. President obama has reportedly denied the request. He says he is confident that forces will regain control. Citizens of that city are leading in droves. Half a Million People have fled. Now the market reaction. The price of oil spiking. We are now at 105. 87. Iraq exports 3 Million Barrels a day. That price, what you are looking at, goes up. Dan Dan Henninger from the wall street journal is here today. Is it as serious as what happened in crimea . The price of oil is going up. They have taken the city. Even the turks have to be sitting there. There was a report last night that iran had sent forces. If you ended up with iraq and iran taking over the state, believe me, the price of oil will go up even further. Stuart that is what we have. It is completely divided and highly unlikely to get back together again with the unified government. That is the consequence of the United States pulling out. We are not talking about leaving troops there to fight in iraq, but to train and support the army. Stuart is it possible that the president is doing what the American People want him to do. That is stay out of iraq. We do not want to come back in in any way momentarily. Why dont we just continue the list. Stay out of china, stay out of ukraine, do not get involved in anything. It is fatuous. Stuart the rest of the world seems like it is falling to pieces and we are doing nothing about it. We are almost embarrassed by it. I have to reiterate. We are not talking about sending and visions of american troops. Even obama taking his own idea, we should work with allies and our own partners, okay, but the United States has to lead that effort. The problem is, and they are all saying it today, the United States has pulled back. That is why we are seeing the world, a part of this. I want to show you a photograph. This is an iconic photo. There it is. That is the last helicopter. I think that is the roof of the american embassy. I am not asking you to be a futurist here, but i have an awful feeling that we may see something similar in baghdad. It would be ugly. Let me just make a political point. We are talking about when George Mcgovern ran for president. Democrats now have foreignpolicy that they have always wanted. Going to make it very difficult for the next president ial nominee. Hillary clinton could be running on what is going on now under the obama administration. Stuart check the big board. Down 61 today. We are at 16,700. It was about 1950. Now you are at 1936. Gold creeping higher. We are up nearly 12 at 1273. The 10 year treasury hovering around 2. 61 . There was some disappointing Economic News. The stocks, individual stocks, we always say it. Google is everywhere. We, you and i, will have a relationship with our computer within 15 years. No effect on the stock. Amazon quietly unveiling a streaming Music Service. The stock is down 5. Netflix firing back at verizon. A slow video streaming. It said verizon close three ways of the highway. We are talking a big time drop. You will tell us why, right, nicole. It is the future that they are worried about. They had to lower their numbers going forward. Lulu lemon down 15. 5 . A new low. That is not good news therefore lulu lemon. When i passed you in the hallways, i was actually wearing lulu lemon. It looks like they will have to lower their numbers. I did not notice. I want you to look at this, everybody. He is about to make his eighth parachute jump. I see the door opening. That will beat george h. W. Bush. Bush 41. This is the celebration of his 90th birthday. I will hold on for a second. We do want to capture this. Come on, mr. President. It looks like he is sitting on the side of the helicopter about to jump. I am not so sure i want to jump out of a helicopter. I want to get that shoot open really fast. What a guy. If any of us can do that at 90, you have to believe we will tip our hats off to him. When he jumps, when he comes out of that plane, we will all be able to see. There is action. There you go. Hold on. In the box down the corner. We will do it. You will not miss the action, ladies and gentlemen. That is a promise. Moving on, a list of failures under the obama administration. Then we have the economy, of course. The first negative quarter earlier this year. That is just partial. Fox news contributor Monica Crowley is here. We are a financial program. Stuart the man is 90 years old. God bless him. I am in my 60s and there is no way i would even think about doing that. Never in my wildest dreams. He has done it. He says he will do it every year. Hats off. The entire crew, hats off, mr. President. That is a solo jump. That is not even a tandem jump. That is incredible. We have a gang of people. Stuart it is very hard to transition from that to this question about the obama question. How does that list of failures affect my money . It is unraveling by his own hand. All of the scandals that you mentioned, stuart, are of this president s policies and environment. The irs scandal, the economy, a direct result of things like obamacare. Driving Energy Prices up. Not doing the keystone pipeline. All of those things you mentioned. What it does to your money, you better hold onto your wallet even tighter. Higher taxes, those are the things that are coming down the pike. It will cost you more. I think he is coming down for a landing. Look at that. Certainly down. It looks exhilarating, doesnt it. It looks frightening. Truly frightening. He loves it. Stuart i keep going back to it. Ninety years old. More dire circumstances. Stuart had to worry about sharks. Was rescued. He became the cias direct her. He was ambassador to china. He was then the president. Number 41. The father to president george w. Bush. Now, at 90, jumping out of a helicopter. Miss those trees, mr. President. It is his birthday today. God bless. Stuart it looks like he is hovering. Making it longer than it needs to be. [laughter] stuart i want to be on the ground. I worry about the landing. Have you ever jumped out of a plane . Stuart nor would i ever. He really is taking his time coming down. He is enjoying every second of this. This is bush. Barbara bush. If he wants to do it, god bless them. I think he is crazy, but he enjoys it. [laughter] stuart i wonder if bush 43 is on the ground waiting. I think that he is taking him for a spin. Stuart he has to be getting pretty low. I can see the tree trunks they are. Its not like he is going very fast. They are coming in for a landing. Stuart it has to be really close. That is water. You know, for a moment, i thought he was landing on that roof. [applause] stuart yes, sir. Fantastic. Good for him. I do not want to leave this. I want to see the man it up. I want the cheers. There was a 93yearold normandie veteran. God bless these guys. Stuart yes. 10 feet from the landing spot. Okay. Radio talkshow host who spawned the election away from eric cantor and towards david brandt. Talkshow host and other conservatives. He is largely we have a choice here. We have a constitutional conservative running against. It gives them a lot of credit for coming out early and often. I am a constitutional conservative. So many others have backup. We need to save america. All of the background. Stuart you do not have on a microphone, charles. The microphone is now on. Charles anyway. You are on the air, charles. [laughter] stuart you are glad he won. That is all you have to say . Yes. Stuart when president bush started his descent, the dow was down 66. Now it is down 46. There is absolutely no connection, but i thought i would point it out. Give me the price of gold, please. We have the price of gold at 1272. It is up because of what is going on in iraq. Check the price of oil. 106. That is because what is going on in iraq. Charles did manage to join us. He said we will make some money with why why. An online social media play where andy warhols prediction comes through. They make these music videos. The First Quarter of 280 . It is a chinese play. I just really, revenues were up last quarter 100 . It is a showcase for bands. Doctor chief ablow. Imagine you have all of these years of pent up so society like china where everyone was sort of the him down a little bit. They can go on the internet and sing these songs. Along with all the other social media stuff. Stuart do you have to pay to go on it . You think it will go to charles back up to about 90. Stuart is your music video on there yet . I am looking at the english version. Stuart okay. The dow is down 46. No movement there. Those protests in several cities all across europe yesterday. They were objecting to uber. That is what they were doing. They shut down a couple of european cities. 850 increase in signups for their purchase. What do other ride and Share Companies think about this . Joining us in the studio now, he has been sitting here patiently for a while, a ceo of ride scout. That would be an uber competitor. Stuart i dont care if we have to compete with uber or whatever, you are a part of it, arent you . The sharing economy is nothing new. Sharing goods to help people. Technology now is getting at a new flavor. Am i sharing my car . Am i using my car for a shared environment and some weight . It is a different kind of platform. All of the available right options. Individual writers. That right. They aggregated on your website. All of these new Companies Come out. Consumers can see proximity and they can choose between all of the Different Services that are out there. As of monday night morning, we are in 69 cities across america. We are launching at northside. They want you out. They are doing their best to keep you out. What they really want, they want their regulators to look out for the needs of city drivers and taxi drivers to make the Playing Field there. Taxi drivers are not against competition. They just want old regulations to be fair. Stuart they are against competition. You know it. I do not want some americans coming in and giving me competition. I want to be clear, we are talking about two different groups. Those that drive the tabs. Those are people hardworking americans. These are antiquated systems. They need to be revisited. Stuart if you aggregate all of their pride chair services, how do you make your money . The people that get into the cars, they can download our app for free. There is also transportation in the service. Trying to bring thousands of people onto the campus. You think we may use ride scout . As a service. Charles these delivery packages will be huge, to. It will. Stuart ride scout ceo. Thank you very much, indeed. We brought you this story yesterday. One of the closest advisors. He says the free market kills. Your reaction to that, next. Proof that the world cup is the biggest sporting event for the year. Super bowl ads even before the first ball is kicked. So i can reach ally bank 24 7 but there are no branches . 24 7 im sorry im just really reluctant to try new things. Really . Whats wrong with trying new things . You feel that in your muscles . Yeah. I do. Drink water. Its a long story. Well, not having branches lets us give y great rates and service. Id like that. Experience a new way to bank where no branches great rates. Ally bank. Your money needs an ally. Could mean less waiting for things like security backups and file downloads youd take that test, right . Well, what are you waiting for . You could literally be done with the test by now. Now you could have done it twice. This is awkward. 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. I think it is telling both the holy father and Cardinal Rodriguez are from america and what they see, crony capitalism they see in latin america is justly condemned. That economy does kill. Stuart that was part of our to be with the father discussing recent claims by Cardinal Rodriguez that the free market economy kills the poor. All right, heres what you had to say about those claims. How would he or the pope know about the free market . Everything they have has been free to them for years. Kristol asks what market system does he recommend . The one who made the Catholic Church so rich and powerful . And the following to say about the cardinal. Sir, i think youre out of your mind. Give me one instance the people who are free and have a free market did not do as well as a system where the government does all. Keep your comments coming and keep him as short as possible. We want to get as many as we can on the air. The world cup kicks off today in brazil b. The first game hours from now. Just like the super bowl, we are seeing many successful ads pop up for these games similar to this mcdonald ad. Lets roll it. Stuart i just wonder how many takes it took. Is that for real, or what . I dont know. I guess it is real, but it was pretty good. The question is if team usa is not flying in a game in the world cup, to the United States care about it . Charles not very much. I know you dont like to hear that. You do see a tide shifting since the hockey playoffs have been doing so well. Americans are shipping around but the Americas Team have to do well to piqu peak our interest t stuart New York Times reports Phil Mickelson said not involved in inside trading with clorox when carl icahn was try to take the company. It is still not in the clear with the trading of dean foods because he did trade dean foods. But it does seem to me part of the burden has been taken off the man just as he tees off for the u. S. Open today. Charles they came up to him after a round in th in the midde determined to break this news to him. A threeyear investigation and this is the precise moment. A lot of people rooting for phil. 161 to win did a lot of people betting on failed to win. Stuart our guy. He has the logo on him. Charles you like the young kids. Stuart the cbo says fixing thie va could cost 50 billion per year. 50 billion. I say there is a much simpler solution. We are talking vouchers, and i want vouchers now. We will deal with that next. My dad has aor afib. Brillation, he has the most common kind. Its not caused by a heart valve problem. Dad, it says your afib puts you at 5 times greater risk of a stroke. Thats why i take my warfarin every day. But it looks like maybe we should ask your doctor about pradaxa. In a clinical trial, pradaxa® Dabigatran Etexilate mesylate . Was proven superior to warfarin at reducing the risk of stroke. And unlike warfarin, with no regular blood tests or dietary restrictions. Hey thanks for calling my doctor. Sure. Pradaxa is not for people with artificial heart valves. Dont stop taking pradaxa without talking to your doctor. Stopping increases your risk of stroke. Ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. Pradaxa can cause serious, sometimes fatal, bleeding. Dont take pradaxa if you have abnormal bleeding or have had a heart valve replaced. Seek immediate medical care for unexpected signs of bleeding, like unusual bruising. Pradaxa may increase your bleeding risk if youre 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners. Or if you have kidney problems, especially if you take certain medicines. Tell your doctors about all medicines you take. Pradaxa side effects include indigestion, stomach pain, upset, or burning. If you or someone you love has afib not caused by a heart valve problem. Ask your doctor about reducing the risk of stroke with pradaxa. Seeing the world in reverse, and i loved every minute of it. But then you grow up and theres no going back. But its okay, its just a new kind of adventure. And really, who wants to look backwards when you can look forward . Stuart nice pop today for restoration hardware. Charles recommended this stock three times in this program. Take a bow, very good. 14 , very good. Charles its amazing. Stuart i love this. Fine company. Charles i mix them up too. Stuart the va system clearly broken. Tens of thousands of our veterans receiving long waits for service, some not getting help at all. It seems to me there is a solution to this problem. Give these people vouchers. Give our vets a voucher and you can go spend it at any doctor or hospital you choose. Covers belmar smith from texas is with us now. I dont know what you think about the voucher idea, dont know if youre for it or against it, and one way of dealing with this. I want to know why cant we do something . The answer is we can, we have a bill to do just along the lines of what you suggested. Important thing is to get the Veterans Health care wherever it comes in. If it comes from the va, thats fine. But comes from the private sector, thats fine also. Get them to health care they now. Stuart you have. Support for that. And im sure it will pass in the house. Im absolutely sure. Stuart im sorry keep interrupting you, but you know it will not be taken up in the senate, it wont. Thats the problem we had it will pass the house i hope in the next few days but who knows, maybe they will be hope the senate will do the right thing. A lot of them for many, many months, couple years or more. In my district i represent the acting secretary of the va within our district and i met with him recently and they admit they have three quarters of the facilities around the country have apparently been falsifying the records as far as the wait times by veterans. That is inexcusable and cannot continue. This bill has a chance of passing, lets put it on the senate. Stuart i have to ask about eric cantors upset loss to david brat. The tea party brat establishment eric cantor. Whose side are you on. They will be a lot of campaigning on the election board, the vacancy will be a week from this coming monday. Stuart can i label you a moderate on mr. Cantor swing of the party or cap put you on the other side . Im a conservative with immigration. Stuart okay. Reports san antonio come your area, i

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