Marijuana. Varney company is about to begin. Stuart im going to start with what i am calling a classic case of politics over policy. The fight over Companies Fleeing abroad to high taxes at home. Jack lew writing in the washington post, the system has become full of inefficiencies and special interest loopholes. That is why it is so important we reform our business tax code to make the u. S. Economy more competitive and accelerate Economic Growth and job creati creation. Now listen to what president obama said on the same subject over the weekend. Corporate profits are as high as ever, a small, but growing group of corporations are fleeing the country to get out of paying taxes. Theyre keeping most of the Business Inside the United States, but busily renouncing their citizenship and declaring they are based someplace else to avoid paying their fair share. Stuart their fair share. What do you think Grover Norquist would say about this . Grover is with us, so we will find out. You heard that sound bite. Heres what i think. I say there isnt a hope, there isnt a prayer there will be any kind of tax reform or fencing them in this year. This is a political ploy so the president can be deaf republicans and beat up business before the election. Correct. Remember, president obama had a super majority of democrats control of the senate and the house in all of 2009 and all of 2010. He could have passed any tax bill he wanted to, and he chose not to. He has been holding the needed Corporate Tax reform hostage, 35 of the top rate, plus an average of 5 state and local corporate business taxes, so americans can average 39 if you are an American Company. Overseas, just north of us 17. 5 , in canada. It averages 25, obama gives a great speech but the only numbers in the speech are at the bottom of the pages. He should have pointed out leave tax businesses at 39 and europeans on average 25. Where this matters, and we should go at least 225, that means 20 federal and five state and local. Not 29 federal, but 25 total, just to be average with europe. Why is average with europe our model . Stuart suppose we did that, 20 federal, add on 5 states. 25 corporate profits tax. 2. 1 trillion o american profit money overseas, how much of that would come back here if we had 25 top tax rate . Much of it because we have a worldwide tax system, if you are an American Company and you do business all over the world, a big firm, we tax money you earn here inside unit states 35 federal but when you earn money in france or canada or britain, we take a look at what they tax, and we top it up to 35 if you want to bring it back. If you leave it over there, you can invest it over there. Every second level of taxation, north korea and United States have worldwide tax systems. If you earn money in United States, we will tax you, that is their agreement. The tax increase obama is talking about American Companies are trying to avoid is when they earn money in ireland or britain or germany or someplace else they are tax first by those countries and because of the american policy, we tax it aga again. We should go to a territorial tax system like the rest of the world taxing things done in the United States, not done overse overseas. Stuart the same old story, youre going to be demagogue in business on the grounds they are not paying their fair share. A rerun of the same of what we have seen the last six years. I put it to you, grover, it works. It is all politics but he is damaging the American Economy and killing jobs because he has said i am not reforming the Corporate Income tax, which he admits needs to be reformed, he has been saying that for five years. Hasnt done anything about it, but playing golf instead of doing this for five years. The reason he holds hostage is he said he will do Corporate Tax reform, sure, as long as the tax reform ends up with a trillion dollars 1. 4 clean dollars tax increase over a decade. He wants the pain the American Business community is feeling to get them to go to republicans and say go ahead and raise our taxes in a slightly less painful way. Obama wants a trillion dollars, that is what he is Holding Us Hostage for. You cannot reform the tax code to make america more competitive and stilcompetitive. Take by force. Stuart we will take that. Grover norquist, come again soon, thank you, sir. We are down not by much, you will see the market pretty much stable until we get word on the true state of the economy. Down for the Dow Jones Industrial average. The s p 500 Broader Market indicated down the same amount,. 3 , not much of a decline. Now look at the 10year treasu treasury, key Interest Rate parameter 2. 48 . Charles payne is with me this monday morning. I am going to ask you, play the underover. Come friday afternoon after we got the gdp number, after we get the jobs number, do you think the dow will be about 17,000 or below 17,000 . That is a tough one. I think it might the above, but i started noticing cell on the news, that might anchor the market a little bi bit. Building a little bit of a cash reserve. Stuart are we still going down the recession road . Charles the home data has been very weak. Stuart no shortage of mergers these days. Two deal deal to tell you abouts morning. Why dont we start with zillow . Nicole zillowtrulia. All names, this is a big tie up, up almost 10 , down about 5 , so these two companies they put out on the Website Properties for sale, they may, at least in part by brokers who sign up for these websites so they can do their work on their be it the website has 85 million unique visitors, this is huge. Stuart the ceo of zillow coming up in the next hour. What is this one . Nicole dollar tree buying their rival, Family Dollar. They hit the same sort of mark market, a dollar or less, and the pennypinching company. Everybody believes it is a good idea. Carl icahn in activist investor and Family Dollar has been a big win. You can see Family Dollar up 22 . Dollar tree up 4 . Stuart crises overseas. Gaza first of all, israel told its troops not to fire unless fired upon. You can call that a fragile ceasefire in place right now. Israel hit three targets inside gaza in response to iraq. Move on to ukraine, russian separatists backe backup by rusn military fighting ukrainians did former century estate had a few things to say about the state of the world, take a look at this. There are a lot of things going on that need understanding and explanation, but to put it mildly, the world is a mess. Stuart kt mcfarland is with us now. Now that is a democrat quoted by democratic president s to be secretary of state who is now saying the world is a mess with a democrat in the white house, democrat administration, the world is a mess. Who is to blame for this . A lot of people are to blame. But suck it up and stop whining. She should stop whining. The president should stop whining because we have been in a mess before, in recessions, world war i, world war ii, in the United States we have had the civil war. Having such inability to come to any conclusion on the part of our politics. Stuart it seems to me like we are in retreat. As i understand it, iran has been supplying some of the weaponry and some of the money. Precisely the same time they fire the rockets, iran wins an extension of negotiating, four months Extension Building more centrifuges and more uranium enriched. That is most important story of the middle east, which nobody is paying attention to. The ceasefire, hamas will win in the court of public opinion, but the real story we are not seeing because we are so distracted by this is Irans Nuclear program. More centrifuges in iran than starbucks in america and the Supreme Leader iran says they want 10 times more and are not dismantling anything. Continuing down the road of nuclear enrichment, and at the same time we have let up some of the sanctions and the Market Forces will take care of the west because people are lining up to do business with iran. Stuart i dont see how we come back. We are losing ground at the moment and i dont see how we make up that lost ground. I do think the next couple of years will be difficult because other countries will see a perceived weakness, they will decide this is our time if we seized territory, do it now. America will push for energy independence, who will develop oil and natural gas. With the middle east. We have leverage. We would have an economy that would boom because of the jobs bid we would have manufacturing renaissance, and then we go to the world and say do we really want to rely on middle east, al qaeda or russian oil . Come to us. Stuart wouldnt that be nice . Appreciate it. Up next, dire predictions from a Senior Justice Department official in a cyber attack that is coming. An official hacker will join us next to tell us what is being done to prevent that catastrop catastrophe. Listen to this. It will be this year, promise you. It will be this year. 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. Heart,im leaving. G on . Why . What did i do . Not enough. The pressure is too much. I quit i get it. I can do better. Just please. Dont leave [narrator] dont let your heart quit on you. Get your uncontrolled high Blood Pressure to a healthy range before its too late. Were changing the way we do business, with startup ny. Weve created tax free zones throughout the state. And startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. Thanks to startup ny, businesses can operate tax free for 10 years. No property tax. No business tax. And no sales tax. Which means more growth for your business, and more jobs. Its not just business as usual. See how new york can help your business grow, at startup. Ny. Gov stuart big names nor hitting new highs. Apple getting pretty close to 100 per share after the stock that it would be a 70 700 stok again. Chipotle building on gains 674 now. Now look at mcdonalds. Facing a shortage of beef and chicken in china. A shanghai meat supplier sold expired meat to fast food chains across the country. Limited menu, the stock not reacting yet, but charles, i dont like the look of that because china, mcdonalds is big in china. Charles also affecting japan too bid they have reliable suppliers. We talked about china buying Food Companies bid one of the reasons is not to poison our food supply but to get a really good supply of steady food. Then animals floating in in the water supply,yearold chicken. Stuart want to go to the Cyber Security story we have talked about. Targeting other retailers, but what about the big one as it is being called . It is clear the terrorist wants to use cyber means to cause the largest impact on our infrastructure. Joining us, with red tiger security. You know all about Cyber Security, and you guys are holding a big conference i think it starts very soon, you are the good guys, you have for the good guys. Do you have a plan to stop the big one before it happens . No, there is not a plan to place because our infrastructure is owned primarily by private sectors, there is possibility of securing the electric grid, oil and Gas Pipelines fall upon those asset owners and if you look at the way the u. S. Is set up today, it is actually similar to what it looks like in 2001 with 9 11. We had fragmented Government Agencies without clear ownership of our physical and terror sta state, after 9 11 happened, we pulled together home and security. Fastforward 13 years later, we are in the same state now on the cyber basis. Department of energy owns a pipelines and oil and gas, nuclear underneath nrc, and the electric grid. We have splintered ownership of Cyber Security, not any one particular Government Agency is looking out for the health of our Cyber Security infrastructure. Stuart would you say that infrastructure is at serious risk . I agree it is definitely a serious risk. What were seeing is peopl place china, russia, they are constantly probing our infrastructure, the knowhow toe critical info structure works, they are mapping missing out, were finding root kits inside power plants. It is a matter of time before we have another big incidents that happens, it is definitely going to involve cyber. Stuart ho are they private enterprise, are you guys in touch with the private enterprise organizations, have you been inside them and seen what you are going to be dealing with . Absolutely, yes. We have been to over 215 facilities around the world be at we send our own guys into these plans with steel toed boots and hardhats. What i can tell you is we are definitely worried because these systems are really outdated systems, not having the right defenses in place in terms of parameter protections. Partly to blame because we dont have a clear mandate from the government in terms of th a cler set of Cyber Security standards. Fortunately thats changed in february or march. Stuart now you are one of the good guy hackers, could you put on your black cat and go after the National Grid . Could you do it with a team of your top people, could you do it . We could take out a small sector of the u. S. But not detail u. S. Power grid. Stuart relatively easily . It would take some time to map out the technologies in place, but given time and given a little bit of funding, it could definitely happen. Stuart six months, 10 million, could you do it . Yes, definitely. Stuart three months, 5 million, could you do it . Yes. Stuart, up with a plan, please. Thank you very much, indeed, s sir. America has a case of buyers remorse . The majority of the country would vote for mitt romney over barack obama if the vote were today. We will analyze that in a mome moment. Russia, i indicated is a to political full. I run is the latest on the National Security threats. After the election, he will get more backbone. Stuart that was mitt romney. They would now have robbed me over president obama if the election were held today. Now, charles, actually, you look further into this pulling data. You found it. Charles a cnn poll. The same question was asked about romney and hillary clinton. Mitt romney, what does that say about president obama . About some of the core voters. Stuart the takeout is very, very bad news for president obama. You are starting to see a lot of articles. The president has checked everyone is wondering. The criticism, the golf, the riders overreacting. This is ridiculous. Stuart the New York Times, it calls for legal puff at the federal level. The judge, believe it or not, he is under attack. The judge is next. We never thought wed be farming wind out here. Its not just building jobs here, its helping our community. Siemens location here has just received a major order of wind turbines. It puts a huge smile on my face. Cause im like, this is what we do. the fact that iowa is leading the way in wind energy, im so proud, like, its just amazing. Speed to time warner. Prepare to offer seats on the board of a new company. Charles, i think that came out this morning. Charles a minor sweeping. Everyones waiting to find out what the next dollar is. Stuart can you put time warner stock up there for a second . It should go of. We will see. 100 share, that is different. Charles absolutely. Stuart if google opened its mouth, that goes up. The New York Times [laughter] the legalization of marijuana at the federal level. Inflicting great harm on so psyd. Just to prohibit a substance far less dangerous than alcohol. They should repeal the ban on medical marijuana. I still want legalization of marijuana. I read that story and that there was a word missing. I read it three times. It does not mention personal freedom. It has cost us more money than it saved. They are not making an argument about your right to do what you want to your own body. That is my argument. Stuart you libertarians say that the government may not do any policy attempt to affect personal behavior. The tax policy can affect it. That is not in the constitution. There was no profile. 3 was the marginal rate. It has been accepted as constitutional whether you like it or not. The New York Times makes a very compelling case. People will continue to ingest what they want to and just when they know it is not harmful. The federal governments argument is based on the government wanting us to live a certain way. It takes the freedom of choice away from us. My argument is it is not the proper role for government. You want the government to tell us what is good in our bodies. Stuart you do not mind if state governments do that. I do mind. The federal government is not. The federal government get on. Get out. If you want to live in a state where marijuana is legal, go there. You can vote with your feet. Stuart i am giving you the perfect opp