Vineyard. We are looking forward to it. Going to be there tonight. Stuart it sounds harsh. It came across as funny to me. I know i am being harsh. Mary kissel, wall street journal editorial board, lets take this story forward. That was last night. Now move forward. Democrats are split. I they going to get hurt . Hillary is trying to position herself to the left the door w. Bush and to the right of rand paul because she is looking to run for president. I dont think she will be looking to make these statements unless she is ready to run. Her history is going to make that difficult for her. One interview, the new start treaty, she handed to vladimir putin, the iraq war, she says i was for it before i was against it. You know what . The positioning is phony, it will take the gop candidate, a good one to point out these inconsistencies. Stuart the democrats are split, two months to election and the president and his former secretary of state are going at it in private. Of course they are and this is a clear signal hillary is trying to eke out the middle, quote, because she really believed in what she said she would have resigned. Stuart that was a professional politician, compulsive trying to leaders. Stuart there is more. American companies that move abroad to avoid sky high taxes, he called them unpatriotic, roll tape. Even as corporate profits are as high as ever a small but growing group of big corporations are fleeing the country to get out of payin taxes. They are keeping most of their Business Inside the United States that they are renouncing their citizenship and declaring their base someplace else just to avoid paying their fair share. Stuart here comes the hypocrisy. The white house says the administration will not return Campaign Donations from people linked to those socalled unPatriotic Companies. We took the money and are not giving it back. Which people donated . Which companies are they associated with . 20 donors were identified at bloomberg that are involved in transactions within versions. The biggest name is jim rogers, of duke energy in 2012 when the democrats went to their convention in charlotte. He was cohost of that convention, duke energy gave a huge amount of money, millions of dollars to democrats to host it and he resigned, he is no longer president of duke energy but he is attached, director of Applied Materials and they have recently purchased the tokyo firm and headquarters in the netherlands and they will do one of these conversions to avoid taxes. Stuart we put the wrong jim rogers on the screen. We put the investor up. Sorry about that. Lots of jim rogers around. Stuart some of them very well known. I am saying this is hypocrisy. You take money from People Associated directly with unPatriotic Companies. Am i being too strong if i call the president to hypocrite . You would be completely it is not a firsttime either. President Obama Campaign that one point saying we should have publicly funded collections and then instead of actually going that route, he did not take any president ial public money at all, bypass the system entirely. When it comes to hypocrisy on the Campaign Fund front hypocrisy is his normal mode of action. Stuart stay there for a second. You are nodding your head. Is very cynical. This is the hypocrisy of the urban liberal elites, the same people that want to raise Energy Prices for carbon tax, throw poor people out of work through raising minimumwages, change the poor to welfare programs that will encourage the poor to live in homes they cant afford through programs like at h a, it is part of the bigger picture. Stuart back to the economy, theres a big deal going on here. You are not spending money. Walmart reported sales flat last quarter, that is the sixth straight quarter of declining or no sales growth. They lower their forecasts for the year as well. The stock however is up fraction. Same story with Liz Macdonald and macys, we saw those the previous week. Sales just not there and the slowdown is not just here in america but German Economy contract of last quarter, the fourth largest in the world contract in annual rate of 0. 2 . France came in, they gdp a flat forecast. Look at the big one. The number 3 economy in the world, japan, it shrinks, it contracted at an annual rate of 6. 8 . What is the result of that . We keep a close eye on interest rate, the ten year treasury today, the yield down some more, 2. 4 , looks like it is headed lower. Germany at yield dropped below 1 briefly in japan pays 1 2 . That is it. According to the latest fox news poll, most do not approve of the handling of the economy, 43 approve, 51 disapprove. Carry the story forward. I think we are going to see a change in the news cycle. 4 weeks it has been Foreign Policy that dominated the headlines. I think the economy is going to make a come back. I want to know who these 43 are that approve of this economy . I cant predict the future, i cant see the president and i only expect that to get worse. In terms of the economy you are right. American voters vote their wallets and when you see 2 annualized growth, stagnant wages, when you see a lot of parttime jobs being created americans cant get the jobs they want, good paying jobs, then i think when they go to the polls in november that will be first and foremost on their minds. Stuart we will see but heres an interesting item. Criticism of the president is coming from all sides, even the french. The French Foreign minister blasting president obama for being on vacation while iraq falls to terrorists. A direct quote from the French Foreign minister, i noticed holiday period in our western countries but when people are dying you must come back from vacation. It has come to is this . Is the fringe in august, when the entire country goes on vacation, now theyre criticizing president obama for going on vacation . I never thought i would see the day. Stuart you have been in france. I lived there a while. Nothing happens, there is no one there. It is unbelievable. Stuart you are in d. C. It has come to this . Absolutely. Hy define anyone who is a fan of the president these days, he is criticize all over the nation, all over the country, playing around on Marthas Vineyard is no wonder he will come back to washington d. C. No idea what he is going to talk about on sunday. Stuart when you get so far down in late place to go is up. You could look to see a bounce back in the polls for the president , couldnt you . It is possible but Hillary Clinton, this is just a beginning. The longer he stays down in the polls and we will see democrats like Hillary Clinton distance themselves from this president. Stuart just wait until we tell the audience the latest news on obamacare. That wont make the president very popular. Thank you very much. Lets get to the markets. It is thursday morning on the east coast. We are up 27 points with the dow jones industrials, 16679, slow trading session, then cisco is going to cut 6,000 jobs, reported weak sales growth as well down 2. 5 . The s p, the Broader Market indicator, it is a slightly, 1 4 . Were 1313, that is dead flat. The price of oil and interesting indicator in times of International Turmoil down today, 1. 34 at 96. The restaurant chain, read robyn a big loser and youre going to tell me why. Read robyn, you think of their gourmet burgers, but shareholders are disappointed to see stock down 20 is hitting a new low. We are also watching noodles, another name in the group, they cut their numbers as well, there was a decline in earnings, hurt by higher food costs and beverage costs. And that is down. The crazy chicken to the downside. Down 5 , you see the whole group is lower. Ruby tuesday, jack in the box. Stuart Middle America isnt spending. They are not increasing their spending. Their stocks go down and restaurant chains go down. Anybody who caters to that the vast bulk of Middle America is not doing well. If you own a restaurant you get the people in. Dont know how you get people to come in your restaurant, and a bigger check, done just waterside dish. Come john in and order lot. It really is some grime, consumers learn from the Great Recession and are more cautious. Sandra we would get the burger king story in a second. Thanks a lot. The dow is up 30. Football is coming to china. Huge market and big gamble. Here comes the man who is putting up his own money launching a Football Team in the new china american Football League. He thinks he is on to a winner. Stuart we will not call this a rally but an extreme modest gain. Up 30 points, 166. Fuel cells, they reported a profit, the market loves that. Is up 4 . Here is our regular segment, time is money. Mark zuckerberg accepted governor Chris Christies eyes but that challenge and he in turn, cheryl standard, netflix chief read hastings, is there no end to the ice buckets of them. To burger king, is dropping its lowcalorie satisfies from the menu, customers want regular fries. Theyre still the pride of choice. And he told tom watson, for the rehab. Rory mcilroy will be there for the european team. I am supporting the americans. Lets get to football. You know, i am not an expert on football. Of course i am not but i know football americas sport. Bringing football better there than it is here. Philadelphias soul, you put your own money into this. Over 10 million so far. Stuart the football. Your bet is somebody is going to buy you. It goes off big in china. I have been in business 44 years. We have a great company. This is for the fun of it. Stuart what makes you think china will adopt americas board . I have been over there for two years selling it to china. We just had a firstever professional Football Game played in november right next to the birds nest, we had 10,000 people there. The place was packed. We had a young boy come out and steal the football the way they do in the United States. Chaney contact sport. Stuart somebody is quoted in the times. I puzzled over this quote, it is what the Chinese Government wants. What happens when the Chinese Government doesnt want it. Thinking of yahoo and any number of companies that set i made many here. I will make it in china and the government just take it right away. Stuart it is tough. I am different from yahoo . I dont dictate to the government. I partner with the government and they love me. They want american sports. I am the guy bringing american sports, theres no baseball, no football, and they increase their budget from 2. 5 of Gross National product to 7. 5 in the next five years. That is like 63 billion they want to spend on sports and what kind of sports . American sports because football, chairman lee said, makes bullies into men. Stuart i think i know what you are trying to do. I am speculating here. A lot of billionaires in china, a lot of money and a lot of the really wants to invest in soccer clubs in europe but they are all bought up, russian billionaires for heavens sake so you are going in with the expectation that you start american Football Team and those chinese billionaires will invest in american football instead of soccer. That is your gamble . It is a gamble that i took that is going to pay off because i had rights in china and they need to buy and earn something. There are 15 million votes in the United States, 15,000 in china. 1. 4 billion people and they have nothing to spend money on. Maria is in the plate to get the money out of china because it is not safe in china . These guys are desperate to buy teams in the United States and europe because they dont trust the chinese authorities because if you trust if they make too much money they get thrown in jail. That is the history of modern china. You are right but the future capitalism has taken over china. The horse is out of the barn. They become more like us every single day. But Monetary Policy will be broken soon. They will be just like us. The arby will be all over the place. It is changing. I have been there since 2008. Stuart dont get the wrong impression. You take a big gamble, very interesting point you are making here. It is a gamble, you are putting 10 million in but tell me what is this about you have got the right to football in china . What rights . The government has given me exclusive rights to american football in china. In the war. Stuart so only you. I am setting up a College League this fall. They never played Intercollegiate College ball before. There is no n. C. A. A. I am starting China College athletics association. Stuart will they pay Young Chinese guys to play in your Football League is the playing football . I am paying them. Stuart they are encouraging it . I am in charge of it. Stuart what about the tv broadcast of the indoor i dont know but i have got to pay. Stuart that is not a bad deal. I get the sponsorship. 1. 4 billion people, they all want american products. Stuart you get sponsorships for the league over which you have full control or full rights, you sell sponsorships. I own a sponsorship. We are working with beijing tv. We are dealing we own our own channel for football. We are third. This didnt happen. I had been working with ron and myself over there for three years focusing on getting we just got it. Stuart when do you Start Playing . We Start PlayingCollege Starts playing this september. And we will have the first intercollegiate play ever and next year will be the pros. Stuart how many teams at the College Level . Six in chinese. Stuart how many teams at the pro level . Six to eight, east west, 52 games and an allstar game at macao. You know what tracy stands . The bones this stands in the venetian she is from this area. A local boy. Stuart this is terrific. An entrepreneur. Stuart this is an opportunity of you have the rights to indoor football in shy. You are on to something. Good luck. What is the name of it again . The china america Football League . You start in september. We do. Stuart you will come back to was . The Fox Business Network . First. Stuart all right. I saw you on the other channel. The other channel. Stuart we do like you after all. Thanks very much for being with us. Lets talk amazon. Launching a smart phone credit card reader this week. Huge potential for the reviews. Real bad. We will tell you all about it in a moment. We saw this amazing pace in israel where Developers Connect did the yo app. It is a platform. Anyone can connect to this and create a service. Applause, please. That is the gentleman talking about the actual use of the yo app. That is all that it does. Wild success, by the way. What do you think his response was . Show me the money. The next hour, we will ask one of our managers if there is indeed a bubble. Amazons mobile credit card reader. It debuted yesterday. The rating is two out of five stars. The aesthetic is just kind of lousy. Take that. Another says, i was all set to switch over from square. Wait, i have to set up a new account. That move, jo ling kent is here. That is a terrible review and recession. It is not a good review. It just came out yesterday. This is about the app. Do you really want to have your personal amazon prime account . Stuart when i think amazon, i think seamless. I want to incorporate that right into my amazon account. I have two set up an entirely new and separate account. You are actually open and available to use other tax benefits. All kinds of different write offs. That can actually get quite complicated. Amazon, again, there are complaints. They are trying to figure out what works. Probably not exactly complete yet. I am not supporting anyone. We do not have complete information. We are trying to get in touch with amazon. You can see them. They are there. Stuart i like the idea. I am all for it. I just do not particularly want to set up a separate account. All kinds of things change. Stuart thank you so much. If you like your health insurance, despite what the president said, you cannot always keep it. Fresh perspective. In opinion piece on the wall street journal. Then we have jason matera on how those celebrities are throwing their money at democrats. If you have health insurance, you like your doctor, you like your plan, you can keep it. If you like your insurance plan, you can keep it. No one will be able to take that away from you. You will keep your health insurance. If you like your doctor, you will be able to keep your doctor. If you like your health care plan, you will be able to keep your health care plan. Stuart well, you know, it did not quite work out like that. They are finding ways to shift their cost to you, the employee. They pay less, you pay more. Moving workers to plans with much higher deductibles. Forcing spouses with access to other plants to pay higher premiums. Mary kissel is here. The story here is obamacare is forcing employers to dump plans. That is what the cadillac tax is all about. In your introduction, it almost sounds like the Big Bad Company is forcing you to pay more. If you put a big tax levy on a company, they will figure out if they can get around it legally. Same thing with tax aversion. Stuart the cut off point. If your employer place 10,200 for your health care plan, anything above that is a 40 tax.