Thousands of Illegal Immigrants crossing the border. And tensions remain high. Stay right here. Two hours of varney and company starts right now. And crossing 17,000 firsttime. The dow is at 17,043. The s p, the is in the 500 at a new high, record high. Stuart varney says it feels like the market wants to build. A pretty good move taking it on the chin pretty good. Ten year, 2. 7 on the yield. Now to the individual stocks, Goldman Sachs leading financials, the rally is one of the big reasons, industrials and banks leading, 17,000 and lulu lemon on top of a buyout and that making the good move up 0. 97, little more earlier today and go pro finally losing a little bit of steam and got hit pretty good. It made a high of 49, 42. 52 right now. Pet smart making a big move today. Nicole look at pet smart. A winner on the s p 500 which is also setting an intraday record high. Pet smart is a 12. 5 because the activist hedge Fund Reporting a 9. 9 stake in the company and asking pet smart to explore a sale and with that we see stock of 12. 5 . I am sure the story is not done yet. We will continue to follow. The big picture is we crossed the 17,000 mark. Not a technical level but traders on wall street are bullish for the second half, excited about a key psychological level. We cross the thousands. Here we are at 17,000. It is a big deal. Look behind you. It looks relatively called. Nicole you know, that is relatively true. They sort of redesigned the new york Stock Exchange. People on the inside rather than the outside. The Market Makers are now on the inside. You just do not see it. They are in there. Charles they are on the inside of the post. Nicole you think i am kidding. Charles thanks a lot. President obama attacking wall street yet again. Rich edson in washington. Fill us in on the latest. Let me show you write here what the president had to tell marketplace. We have to continue to see how we can rebalance the economy sensibly. Not a situation in which we continue to see a lot of these banks take big risks. That is an unfinished piece of business. We asked a member of the Economic Team what exactly are you looking for. We did not give any specific answers. Again, how do you do it. What do you do. Go beyond dodd frank. We could not get any answers, charles. Charles we have to talk about this out to Fox News Contributor monica crowley. Attack wall street. I think of two quotes from president obama. He spent a very brief time in the project site there. He calls it being behind the lines. He said at some point, you have made enough money. Talking about individuals there. They are too interested in profits. It is not of that to the government to tell them how they should be doing certain things. Charles if you think that is the case, why do you bail out the banks . President obama was part of the team. You bail out the banks that complain about them later . He immediately went after doddfrank. You have to take a stab back and look at what he is doing. A fundamental transformation of the nation. The healthcare sector, the Energy Sector are, the Industrial Base and, of course, the Financial Sector are. The market has been doing well. I have not been paying too close attention to this. Charles when profits become a four letter word, what you are really doing is attacking. I do find it funny. I wonder how obama will turn down all those multibilliondollar speaking engagements. He wont. I am sure Hillary Clinton will go out and make some money. Charles much better than expected with jobs. The Participation Rate, over a 30 year low. Tom, everyone is talking about the headline number. You actually see what is going on on the ground. There are more jobs being created. At the same time, what main street wants to see is are we getting people who have been a longtime unemployed. Still over 3 Million People unemployed. It will not be the kind of money they made in the past. Well, no it will not be. You have to tell people. The economy is going strongly right now. The stock work it is up. We are on a trend of upward move on. Mobility as a country. If you are longterm unemployed, maybe you need to take a look at your self. Taking a look at yourself goes across a lot of sectors. 27 Million People parttime. How does that work . I think that there is a whole variety of things that come into play. We will have to start doing it geographically. We have to realize that there may be a dual income. There is really different issues. There is a whole variety. Charles the number jumped by 800,000. Before i let you go, we have to mention wages. This is really the problematic part of this report. It is not where people come in. It is what they will be making if they stay at that job two or three years from now. Lets not forget 50 years ago, people started in the mailroom before they got into the ceos office. Charles i know you want this. Lets get to the irs email scandal. A judge wants in external person. He is going to ask why the irs should they be required to bring in a third party. We have talked to a lot of computer Forensic Experts on this show. They all say it is impossible for these emails to just disappear. They were received by the white house. By the department of treasury and so on. Somebody on the outside should absolutely be brought in. Somebody on the outside should be brought in to investigate the whole thing. ThiS Administration cannot investigate. Charles are you shocked that people are not talking about this most Important Information somehow vanished. I think that the public is not expecting it. The irs scandal has particular attraction. Everybody at some point in their life has to do with the irs. This is something to relate to. A big stack of paper and receipts. They cannot find emails from over a sixmonth period. Secondly, the biggest split in this country is left to right. Charles you do not want any president to use it as a club. Demographics. Ideology. Everything. Obama going after banks. It is not helping them. At least not in the polls. Dan henninger after the break. When folks think about what they get from alaska, they think salmon and energy. But the energy bp produces up here creates Something Else as well jobs all over america. Engineering and innovation jobs. Advanced Safety Systems technology. Shipping and manufacturing. Across the United States, bp supports more than a quarter million jobs. When we set up operation in one part of the country, people in other parts go to work. Thats not a coincidence. Its one more part of our commitment to america. Charles checking the board. It is not a runaway market. We are above that of the team thousand mark. Time now for your morning globe report. The fed will have to act sooner then later. Check the price of oil this morning. Pretty quiet in the middle east. Down 17,000. Financials that are leading the way. It should help you. Goldman sachs leading the way. Though paul, the pool this week that has everyone talking. President obama is the worst president that we have had since world war ii. Dan henninger from the wall street journal editorial page. This is a broad swath of americans. Yes. You know, with obama, i think by and large, he made these decisions and brought it on himself. First of all, he has made himself the center of attention for five years. The spotlight is always on barack obama. He gives blamed for what is going on. In both areas, take foreignpolicy. He is the one that decided he would lead from behind and pull back from the world crises. Now you have this al qaeda affiliate taking over one third of iraq. People began to get nervous about what is going on in the world. Domestically, there has been no good news. Talk about the administration. That is a true scandal. The government has not been doing much good. Charles nobody is perfect. At some point you get up and say that is wrong or that was wrong. This is one of the most politically incompetent president s since world war ii. Most people get into politics whether they are running for the local school board or the president of the United States. Barack obama does not. He does not like to negotiate with anyone. Always someone elses fault. I think that is an argument that the people charles the policies are ending. You have to wall street bank out again. Do you think that, i mean, do you think that is starting to fade as well . Yes. I think so. This is fundamentally one of the biggest problems. We have a very historic low growth rate. A lot of people. No friends. No relatives. Having a hard time finding work. Charles monica, what do you think . I think more and more people are coming to the realization. He was very good at campaigning. No executive experience. What you have seen repeatedly is he is all ideology all the time. It is less about translating policies in two ways that they can make things work rather than slamming the policies into place. It is sticking with the fundamental transformation of the nation. Charles thanks a lot. Have a great fourth. President obama beats up on the banks. All rights. Judge Andrew Napolitano is next. If you had chickenpox, the shingles virus is already inside you. You should know that 1 in 3 people will get shingles in their lifetime. Charles it is finally here. The dell 17,000. We have drifted a little bit. Goldman sachs leading the way. All the big main banks are higher. President obama, speaking of wall street, still attacking them. Further reports are still needed. All rights. Judge Andrew Napolitano is here. There has never been a better target than wall street. I love working with you. If varney were here, he would be claiming 17,000 figures because of tarp. [laughter] when you asked me to look at this, i read the statements. Profits are bad. All Financial Investments are reduced to judgment. A judgment. Charles a positive that, as a matter of fact. Charles i am putting my money into it. There is what we call Economic Growth and jobs and prosperity. How could he suggests that the heavy sum of government could make this work better. It cannot. It is exactly what tarp is. Charles let them go out of business. Charles let them go out of business. I do not get it. May i suggest you have your finger on the right polls when you asked me initially to look at this. What is he trying to do . Change the subject. The smack downs he got from the Supreme Court. The absurdity of the foreignpolicy. He is trying to change the subject. I do not think that it will work. It is easy to understand. He wants to extract money from them. What they did to jpmorgan and jamie dimon. Look at what they did in the fraudulent robo signing settlement. Charles no different than farmer joe keeping that one alive. 10,000 pages of institutionalizing. Charles more of your favorite subjects. Buying assets from these very same things. Where did bake get the cash . Lets just add a few zeros to your account, jamie dimon. Charles i want to ask you about this. American protesters locked three buses that were caring illegal children and their families. They ended up forcing them to turn around. Walk us through the legality of all of this. It is very complicated. It tugs at the human heart. These children are pawns. Lets not enforce the law. My heart goes out to the children. The government has and affirmative obligation. Why are those miners there . Because the constitutional lawyer in the Oval Office Said a signal. We will not kick you out because you are here illegally. That is the opposite of what he is supposed to do. I am in favor of open borders. The president old is to uphold. He is not doing that. As a result of the signals of the president of the United States, we have lost the ability to control the border. I am with the judge. My heart goes out to these children. Think of the parents. Do you think that it is easy for these parents . They are doing it because they want these kids to have a better life. We have been accepting children for hundreds of years. Charles if you do not think that there is a crisis in this country they do not take jobs. You will see the unthinkable. Refugee camps in the United States of america. We have never had anything like that. They will put them in tents. If the invitation is out there, it is not going to stop. Every country in the world has a right to dictate. If the president thinks that by doing this it will be easier for him to get his way and immigration charles the poll numbers are starting to go against him. It is terrible for Economic Growth. Charles lets leave it there. They are literally able to, well, listen. The environmentalists are able to do just about anything. [ male announcer ] some come here to build something smarter. Some come here to build something stronger. Others come to build something faster. Something safer. Something greener. Something the whole world can share. People come to boeing to do many different things. But its always about the very thing we do best. Why let erectile dysfunction get in your way . Talk to your doctor about viagra. Ask if your heart is healthy enough for sex. Do not take viagra if you take nitrates for chest pain. It may cause an unsafe drop in blood pressure. Side effects include headache, flushing, upset stomach, and abnormal vision. 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They really want a big giant government to call all the shots. They never had any intention of accommodating religion freedom. They had several opportunities to do that. They could have written that into the law. Charles it was a political gamble. I think they probably said green light. We can try anything. They could have said, see, that Supreme Court just rubberstamped what we did. Now we can fight the war on women. These five judges are telling women what to do. Of course, that is absurd. It is a great talking point for them. Charles they had been making a lot of cash off of this. Flying into the wind turbines. Our next guest is calling it total hypocrisy. You know, listen, when they first Start Talking about this, it was shocking. By the way, these windmills kill all kinds of birds and all kinds of species. Listen. What does the government do . It takes winners and losers. Right now, it is green energy. You should not be that surprised. Yes, it is unbelievable hypocrisy. Some companies will actually get a pass. Even unintentionally if we killed a bald eagle, we could get 250,000 in fines. We could end up in jail for two years. Salamanders hold their progress. We had to see the mating habits of certain reptiles. Multibillion dollar projects. Wind turbines. Kill all the animals you want. Also all of this land in california for a fish. Two parts of the democratic party. They are at war with one another. Green energy versus conservationists. The thing that i find really amusing is this is an acknowledgment that green energy is not that friendly to the environment. This is something they knew all along. We call it Renewable Energy jus. Tons of concrete in the ground. In the ocean. Building these structures. Charles i want to go to the next topic. You are a recovering referee. What do you think about the former president . Well, you know, power corrupt. [laughter] again, picking winners and losers. They all do it. It is not an excuse. We can talk about the whiteness of having spending limits for campaigns. The thing that is interesting is, why him . It is not because he represents a political threat. It is really, you know, interesting. Charles speaking of politics and politicians, the poll numbers are so pathetic. This is not unlike president obama going after wall street. Yes. They talked a little bit about a French Economy today. Ford investment is down Something Like 94 in the last decade. When you think of the harm that does, not just for the broad economy, but to real peoples lives, it is shocking. Worst among the youth. Charles we have some breaking news i want to share with you. There is an update. The virginia dmv will now allow drivers in the state, you call this the sharing economy. You were right. It is one of those cases where we need to cheer and celebrate. Consumers are defeating, thanks to Tech Knowledge he. The feeding the government. Charles we see this all over. Everywhere. Charles we see it against air being be. We see it everywhere. It will be tough. We have a big disruptive thing going on right now. I think that we really need to cheer. When they win, lets celebrate. Charles may be president obama should rethink his strategy. The worst president in 70 years. We have steve moore. We will also talk to him about the jobs numbers. Charles business brief with a twist. We will give you a stock idea now. The stock has been absolutely on fire. I think we can go higher. Talking about a Company Culture when you consider investing. Holocaust survivor comes to america. Land in the ne