Transcripts For FBC Varney Company 20140821 : vimarsana.com

FBC Varney Company August 21, 2014

Ransom . The europeans paid and their people were released but the finance terror and encourage more of it. Next question, how do we kill these modernday not these . They call the yo isil or isis. The cancer must be extracted. The west and its values are challenged by the worst of the worst, with thousands of these people carrying european and american passports. The clear danger is they come here. President obama is taking heat for playing golf while james foleys parents mourn the. He is taking heat because he didnt spell out a plan to kill the enemy and taking heat for announcing that failed rescue mission. Varney and company is about to begin. Stuart u. S. Special forces launch an operation into syria. The objective, rescue the hostages including the murder journalist james foley. The mission failed. Hostages had been moved before the operation was launched. This morning we are just learning that eric holder has long store is launching a criminal investigation into the be heading. Former army chief of staff general jack keene is with us. I am just getting this news about eric holder launching the criminal investigation and my initial interpretation of that news is it is now being treated as a police action, legalistic action, not requiring a droning of the execution, but the rest of that guy if we find him. What say you . It makes no sense. Prior to 9 11 all our president s, democratic and republican, treated terrorist acts as criminal activity, heinous acts to be sure and tried to bring people to justice. Post 9 11 the policy change to confrontation and to kill and capture was the designation given to the Central Intelligence agency and the United States military. The president reversed that and began with benghazi after our ambassador and three others were killed. That became a criminal act as opposed to a terrorist act. Those people should be dead or captured by now and we have a only one in our prison cells and that is only because of the necessary rules of evidence to deal with that. Here we go again with this incident here, terrorist act, the fact of the matter isis is waging a war against u. S. Vital interests in that region and we have every right and full authority to kill and capture them. They are the same al qaeda that we thought for years in iraq and we did not bring them to trial. We killed and captured them and that is what we should be about here. Stuart i want you to listen to what former Vice President dick cheney said on sean hannity last night. He said basically a big attack against america is coming. What egypt has done by overthrowing the Muslim Brotherhood is a master stroke and win now have a good man as president of egypt, capable military, good military and we ought to be backing the egyptians to the hills. There are a lot of things we could be doing including working with the israelis to take on the terrorists, the islamists, the jihadists in that part of the world. Stuart the wrong sound bite. The bottom line from dick cheney last night is they are coming to get us so we should go and get them. It seems to me that the policy of this administration is not to go and get them and kill isis but to contain at. Absolutely. That is clearly what is being executed and it is fundamentally flawed. The fact of the matter is the president is conducting incremental tactical increases in air strikes and out of the guidance he initially gave the military has to come to him to get permission to do that particular air strikes. We havent seen that kind of meddling with the military since Lyndon Baines johnson at the beginning of the vietnam war. Secondly the fact of the matter is we are dribbling in advisers and trainers into iraq every couple of three weeks. We desperately needs a comprehensive strategy that recognizess we are at war with isis. Explain to them what we intend to do about that and we need at comprehensive strategy to deal with that. We have the capacity to take on isis, not just to contain it but with the support of ground forces, and constituting iraqi army and reconcile sunni tribes to push isis out of iraq. That will take some time but we need a campaign and we have to develop that comprehensive campaign. They have the targets and know where the enemy is and certainly has the wherewithal to do it particularly in conjunction with other allies in the region. Stuart 100 Million Euros for the release of james foley, we didnt pay. Europeans did a ransom and got their people back. What do you say to the idea of paying terrorists to ransom our hostages . That makes no sense. As a matter of policy if you start paying ransom to terrorists you are encouraging more hostages. It is that simple, it is logical and we wont step up to that. No president of the United States ever has, not this one either. I certainly applaud the effort, the president s decision to rescue stuart should the president had announced that rescue mission . The successful ones and this one obviously failed is better. For our operations to be successful, we need good intelligence. In this case we didnt have it. We need the element of a surprise because most of the time we plot our guys in the middle of the enemy and we are dependent on their extraordinary skills, and their daring and courage. We should not talk about this. Their techniques, after we kill bin laden it was frustrating to many in special operations to hear the leaks that came out of the white house and details of how that operation would blend to a making of a movie. Very frustrating for them and actually puts them at risk in terms of future operations and gives the enemy a sense of how we would do it and we have eight hostages out there in different countries. You can be assured that all those holding them captive are on the alert, changing locations, making sure preparations are right for u. S. Military activity. Stuart yes, sir, thanks for joining us, appreciate it. Lets get to the markets because we have a rally. We have broken back 17,000 on the Dow Jones Industrial average. 80 points and the s p is to the upside getting close to 2,000 for the s p 500. Nearly 2,000. Is not dead. Money is coming into hewlettpackard for example. They did a lot better than the all knowing analysts were expecting, hewlettpackard hd is up 5 this morning. Look at netflix touching a new high, a high of 476 earlier and backed off 469 and change. Strong demand for pork and turkey, and scooby peanut butter. I dont know about sales of spam but stock is up 4. 5 . The opinion of some is that the fed, the federal reserve, janet yellen may raise rates in rather them later. That would keep inflation in check so gold is down. Gold inflation hedge, gold is down 16, 12. 78. We always check the industry barometer of the tenure treasury, 2. 41 . Hardly any change but historically low. We keep a close eye on pretend border, some more retailers, how about c years. What is going on with that . Down 17 , 3304. And that is the scene, the ninth straight quarterly loss. That is not good news. They are in the midst of a turnaround plan, looking to sell off the Auto Services center. They have been working on the cost and lambert controls the hedge funds. And selling property and Closing Stores after a decade of falling sales. It is a tough go of interest years in a very cyclical consumer. Stuart checking ford motor co. The news here is one of its workers filed suit against the uaw and ford. He wants a partial refund of his union dues. Doesnt like paying in to Political Campaign through the union. Michigan is a right to work state so that ford worker eventually wants to leave the union completely. Wall street Journal Editorial Board mary kissel is here. I see that as an impending disaster for unions. Lets talk about this worker at ford. Under Supreme Court decision in the late 80s any worker in this country can say i am not a member of the union, i dont want to pay for an encore union dues. I dont want to pay for your political experts aids escapades. That is what this is about. Once fords contract is up in 2015 if you are not a member of the union, the union can force you to pay for anything, whether it core dues or noncore dues. Stuart this is michigan. We have 24 states that are right to work states giving workers all these freedoms and you are seeing big benefits not just in terms of productivity but investment. Stuart the unions take a hit, if you can opt out of paying those jews it happened in wisconsin but they opted out. The democrats too. If the unions were smart, and join the union. What are we doing wrong . Why dont we see benefiting joining the union . Stuart reverse the entire history of the union movement. That it lesson if i read the uaw rain now. Stuart you would not. After the break, the situation in ferguson, missouri, calm overnight, 6 arrests, a grand jury deciding whether to decide if the officer who fired those shots, an update, fox news source revealing the officer had serious facial injuries after a beating from michael brown, the officer accused of the shooting. Al sharpton stoking a race fire again promising a march this weekend in new york city. Juan williams on that next. Look at bill reilly last night. Al sharpton has the nerve to insult the American Police community. Men and women risking their lives to protect us. This charlatan has the gall to do that and nbc news is paying him. My god. Why is that acceptable . Hard it can be. How. To breathe with copd . It can feel like this. Copd includes chronic bronchitis and emphysema. Spiriva is a oncedaily inhaled. Copd maintenance treatment. That helps open my airways for a full 24 hours. You know, spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells,. You can get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Sfx blowing sound. Does breathing with copd. Weigh you down . Dont wait ask your doctor about spiriva handihaler. It can bring out the worst in people. But the mclass scans for danger, corrects for lane drifting, and if necessary, it will even brake all by itself. It is a luxury suv engineered to get you there and back safely. For tomorrow is another fight. The 2015 mclass. See your authorized dealer for exceptional offers through mercedesbenz financial services. Stuart the latest data ferguson, missouri, 6 arrests wednesday night compared to 47 the night before. Sources are confirming to fox news the officer involved, darren wilson, was attacked and suffered significant bone damage to his face before he shot michael brown. Al sharpton set up a margin rally in new york this weekend against police brutality. On behalf of a black man who died on Staten Island and michael brown, 15,000 people expected to attend. Lets bring in Juan Williams who had this to say about the ferguson situation in the wall street journal yesterday. Lets hit pause on the political spin and Bitter Exchange of racial fears. If we are to stop angry clashes between police and for black men is time to admit thuggish behavior creates legitimate fear in every community. Juan Williams Joins us now. I think you said what a lot of people want to say and a lot of people were thinking that they are afraid to say it because they would be accused of being racist if they label lot of young black men thuggish behavior. I dont know how you can avoid the facts. Something i lament as of black man but if you look at the statistics, if you look at young black men 15 to 37 number one cause of death murder, looked at statistics regarding Violent Crime in the United States including murder, robbery, assault, rape, disproportionate representation of young black males. Adjust in my own Community Just last week 4yearold girl shot in a house, kills this little girl inside. These things depress property values, hurt retail sales, everything in the black community and yet people dont want to admit it out of some racial fear or shame and then you hear whites talk about it and you say dont go too aggressively, dont want to get into racial profiling or being called abusive or racist. The reality is nobody wants to be in danger or put themselves in a situation where they could be armed. Stuart do you think the incident in ferguson and the aftermath, do you think this is a turning point . Theres a realization we should be able to speak freely about b . Speak freely and openly about it . I dont think we have done this before. You end jason riley in the wall street journal and a few others, you are first, you have broken some ground, you created a turning point. I wrote a book about this, a book called enough that was based on bill cause be giving a speech in which i use his quote talking about some kid going into a corner store and stealing pound cake has caused the describe it, another kid went into a store and stole cigars, and confronted by the police and people say why the police treat him so roughly . What was he doing stealing . That book was published in 2006. I am saying this is something people who care about trying to resolve racial issues, not stoke fears or create confrontation or make money off of stuart when you are describing al sharpton. He is going to bring this to new york city this weekend. I find the men inflammatory and went to know what you think. You and i argue so much fun on this one we are on the same page. There is no way to get around it. Think back to his history. I know people know about to water raleigh but he was involved in protests against the store owner in harlem, people died there. Dont forget this is of guy who was making ads for lowincome loans trying to rip off for black people and yet somehow he is legitimate in american life. There is value to having someone for black people can go to and get tv, political attention in moments of crisis but al sharpton, i dont know. Stuart a personal e issue if you dont mind, you may know about this but i have a stake in this. I have a 3yearold grandson, he is black, adopted. I dont want, when he is a teenager or older, i dont want him walking down the street and having people cross the road because they are scared of him. My question to you is is ten years before he is a teenager. We got a shot at turning this around in ten years . I dont know but i will say this. It is more than you. I am your friend. It is for me walking down the street and i think it is much better for my sons and it is for me and much better for me that was for my dad and we all worry about your grandson because we dont want people making the wrong judgments, another young black guy you can do anything you want because he is likely criminal. That is not the way to treat your grandson or treat me and my son. I think america has made tremendous progress and people who would turn away from that because they are so intent on talking about the problems that continue i think they are fools. America has made tremendous progress on this and you could start at any point with you want to talk economic opportunity, wall street, political, educational and we have to try to be honest. I am so charged by the pupils, difference in perception between black and white but the middle dominates, in terms of ferguson the middle wants to know the facts and is open to the idea that both sides have a story to tell. Stuart always a pleasure having you on the show. Dont be such a stranger. See you soon, one williams. Get to the markets, we got some action. 76 points, the dow above 17,000 all over again. Family dollar rejects Dollar Generals takeover bid. Shares of Dollar General down. Look at sears, the spinoff, lands end, sears is down, land at end is done too. Angela mozillo headed up the company that largely in many ways was responsible for a big chunk of the housing crash. The feds getting personal preparing a civil lawsuit against that man. Charlie gasparino on that next. [ male announcer ] once, there was a man who found a magic seashell. It told him what was happening on the Trading Floor in real time. The shell brought him great fame. But then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their Trading Platform. So the magic shell went back to being a. Shell. Get live squawks right in your Trading Platform with thinkorswim from td ameritrade. Get live squawks right in your Trading Platform could help your business didavoid hours of delaynd test caused by slow internet from the phone company . Thats enough time to record a memo. Idea for sales giveaway. Return a call. Sign a contract. Pick a tie. Take a break with mr. Duck. Practice up for the business trip. Fly to florida. Win an award. Close a deal. Hire an intern. And still have time to spare. Go to comcastbusiness. Com checkyourspeed if we cant offer faster speeds or save you money well give you 150. Comcast business. Built for business. Stuart look at the share price of be of a. It is of. It has agreed to a 16. 5 billion settlement resolved a mortgage investigation by the Justice Department. However there is a new and more interesting developments with countrywide, the cofounder thereof, Angelo Mozillo is reportedly facing a civil suit. Charlie gasparino is here. Hold on a second. It is a shake down. The suit against him is legitimate and you say . Bank of america is a shake down. The suit against him is not legitimate and the reason you know it is not legit is if it were legit the Justice Department wouldnt have copped out and file a civil case against him where there is no jail time. He face civil charges by the securities and Exchange Commission and they would have filed a criminal case and the reason they did that is i dont like him. I dont know him personally but i dont like wha

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