Transcripts For FBC Varney Company 20150415 : vimarsana.com

That he will take a big pay cut himself. You will meet him. He is on the show today. Hackers take control of an airliner and crash it. Relax, everybody. We will debunk it. Is taxation theft . Varney and company is about to begin. Guilty of murder in the first degree. Stuart all right. That was the verdict less than an hour ago. Doug burns is here. The sentence for that is mandatory life in prison without the possibility of parole. By the way and indictments against him for two other murders. They were supposed to follow on the heels of this. Stuart will he be sentenced to any other time behind bars . There was a conviction for weapons possession, ammunition and those sentences will be piled on top. Concurrent means they run together. The reason the judge may make a consecutive is because of the other insight that. At the same time, you have the victims families. They want justice. Stuart that young man going to prison for the rest of his life. He is 25 years of age. It is a tragic case for everyone. Of course, you know, a great athlete. Stuart no murder weapon was found. Circumstantial evidence is as strong as other evidence. With no evidence, no eyewitness it is harder. There was a big dustup over the dna on chewing gum which was on the showcasing of the bullet. Everyone is saying that that does not mean anything. It does say a lot. When you start piecing everything together, you know, i do not want to be cornered, but i am a fan of jerrys that conscientiously do their work. Stuart including extreme atrocity. The sentencing momentarily will be life in prison without parole. That is it. Mario draghi. Interrupted by a protester at a News Conference this morning. Look at this. [inaudible] stuart okay. Take a look at the video again. She was saying and europes tank dictatorship. He said nothing that would move the market. Yes. It is april 15. Tax day. Libertarians. Judge Andrew Napolitano calls taxation theft. Do you agree with the judge . We will ask everybody. Look who is here. Mary kissel. His taxation theft . No. Raising our tax rates to some of the highest in the world. There is nothing in the constitution that says the government can come and take my money. I do not like our tax rates. I do not think we need tax rates right now. Is it theft . No. We can vote somebody into office if we want to do that. Taking away the income tax. What we really need is a low flat tax. Mary kissel says, no, it is not theft. This is a classic case today of that Economic News being good for the market. A couple of other smaller scale indicators. Of those that dow. We will have zero Interest Rates as far as the eye can see. Look at loyola. 55 a barrel. This up tick in the price of crude may have something to do with tensions. The price of oil is up today. 55 a barrel. And then we have intel. It will cut costs. Investors love that. Up she goes. Now look at google. Acting like a monopoly in europe. Hold on a second. Europeans are way behind in technology. They resent americas success. They go after google. How do we reduce the burdens on business. How do we reduce our that. Think of all the good that they could do. I do not think that they are a monopolist. No. Of course not. They are serving googles competitors. They have plenty of choice. You do not use google for everything. This case is absolutely absurd. A our thinking into obscurities. President obama says he will sign a bill that will give congress some oversight on this deal. Russia will indeed sell missiles to iran. Lieutenant general has some very strong comments about iran relating to those souls on this program yesterday. If he releases those missiles then i see no other option but the israelis must attack. By the way they may have to use their tax accrual Nuclear Weapons. Should they consider Nuclear Weapons. When they qualified that, if israel faces a crisis down the road and iran has a Nuclear Weapons and an attack was imminent israel would use Nuclear Weapons to stop iran. We are not there yet. He had been planning to sell before and then he froze the sale. It is a problem on two counts. It certainly makes it much more dangerous for our flyers for israel he pilots. There is another issue. If he takes the middling model that missiles deployed along the coastline. Seven12 systems. That cant command the air system of 90 . We operate in the persian gulf, carriers. They are are really key issues. I would expect that israel might do what it did in serious to prevent syria several years back. Hit them with airstrikes. The problem is iran is further away. You have to cross saudi arabia. Not sure about the air defenses. There will not be a Nuclear Explosion in the nearterm. Okay. President obama will remove cuba from the list of statesponsored terrorism. Will he give them back wonton amo bay . That is some data i have been arguing for. First of all, i am not wired up. It is not going to happen. Half a dozen years ago they would have been in arms about this. This administration has allowed and in that it so many crises. Cubans are just way way down on the list. It will not be smooth sailing that obama thinks. Stuart i have 10 seconds left. Is taxation theft . No. I think that our taxes are too high. My contribution. That is my contribution to the wellbeing and security of the United States of america. Not only is ralph peters one of the most historical novelist, he is also a fine american. I give you ralph peters. You can lower than. That is all right. Stuart taxation. Flat out theft. We will let the judge loose on this one and just a couple of seconds. Is College Worth it . Numbers to suggest why it is not deep. We will have the numbers for you next. Edward jones. This is shirley speaking. How may i help you . Oh hey, neill, how are you . How was the trip . With nearly 7 million investors hes right here. Hold on one sec. Youd expect us to have a highly skilled call center. Kevin, neill holleys on line one. Ok, great. And we do. Its how edward jones makes sense of investing. Stuart and modest rally on some week i can now make news. Look at saint of america. High profits. Revenue down. The stock is dead flat. Target the nearing settlement. My how times change. Elon musk. He did not land that spacex rocket like he wanted to. Good news and that news for spacex. Its latest attempt to land the south rocket, it failed. Close, but no cigar. Yes, the company will try again. Meanwhile, southwest is taking it seats wider. Economy seats get seven tenths of an inch wider. Not even a whole inch. That is actually at least half an inch wider than competitors. Meet this guy. Dan price. He is taking a 900 dirty thousand dollar pay cut in order to raise the minimum wage at his company to 70,000. Stuart you will talk to dan. Dan price. 12 15 p. M. He is coming up on the show. Did you notice on that audiotape aired that almost every guy in the room had a beard. It is a seattle thing i guess. Stuart he is a nice guy. He snowboards. He is in a rock band. I am not stalking him. Stuart the student loan problem is worse than you think. At least a month behind payments. Why are one in three students with a long, why are they going to link went . Really good question. They have a difficult time managing money. The federal government federal student loan system is to blame. It allows people to borrow more than they can repay. The official number is actually seven teen percent. At least a month late on their payments. The calculations by 231. 5 . The trend has leveled off recently. Not as problematic as it seems. More loans are in group a man. Essentially, it means you are people are in deferment or forbearance. Stuart smoke in the years and lies and statistics. That could be a campaign issue. She will have two run on giving you things. Sure stuart. She could run as a populist. To her the country. It was funny. A new development in the hillary email scandal. She ate ordered a letter from congress. I opted for convenience. It was allowed by the state department. I thought that it would be easier to carry just one device. Out what point does it make new york state is reinventing how we do business by leading the way on tax cuts. We cut the rates on personal income taxes. We enacted the lowest Corporate Tax rate since 1968. We eliminated the income tax on manufacturers altogether. With startupny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. All to grow our economy and create jobs. See how new york can give your business the opportunity to grow at ny. Gov business stuart waiting for the sentence thing of Aaron Hernandez. At the moment, odin lloyd the guy that was murdered, his mother has just spoken. When the news comes down about the sentencing we will bring it to you. Mandatory the judge has no discretion. That is why the sentencing is immediate. There is no death penalty. Life without parole. No exceptions. Stuart there is no question about it. We have been noting you all day long on this. We will ask you again. Is taxation theft . The only truly moral taxation is one that is voluntary. You are at home one night. There is a guy with a gun. The guy says, give me your money. You gasp. You call the police. You find out that this guy works for the government. What is the difference . Stuart 100 years 102 years and attempts to go to the Supreme Court and say that it is fast. It is part of the constitution. You are asked in need if it is moral. Can the government take something from you against your will . That is a moral argument. Stuart i thought that it was unconstitutional. And income tax that was declared unconstitutional. Stuart taxation is theft on a moral basis. I think that you would probably agree with that. Hillary clinton ignores a letter from congress. Have you got an email account. She does not respond. I say that by not responding she avoided a lie. She knew exactly what she had. She knew how wrong it was. She knew how it would be perceived. She remains silent. That was the infamous grand jury review. She either did not answer or said she did not remember. It is her mo. We have clean hillary. Oh, i forgot. She has been crowned already. [laughter] unlawful in new york and new jersey. Every day people. Of course. [laughter] she knew exactly what she was doing. She also knew she only had a few more weeks in office the president of iran does not Want Congress involved in any nuclear deal. We will ask about that coming up. If israel faces to existential crisis years down the road where iran had nuclearweapons and the means to deliver them and an attack was imminent israel would as a last resort use Nuclear Weapons to stop iran. We are not there yet. Stuart lets go to capitol hill, senator Corey Gardner is with us republican from colorado. You remember the Senate Foreign relations committee, we have been looking at so has the wall street journal this bills that the president has gone along with giving you some oversight over this deal with iran. But the wall street journal says president obama after 52 days can, without reference to congress, at ease and get rid of these sanctions. That sounds like a huge hole in the legislation you just passed. This legislation allows us to have a seat at the table where we did not for the first time theres a separate timeline a separate 60 daytime line that began some limited but this legislation assures the president can simply waive sanctions on his own. Gives us the ability to weigh in. This assures we have a seat at the table to approve the deal. The timeline is complicated but it gives us a seat at the table we never had without the legislation. Stuart you had to go that far to get democrats on board with this bill. You had to go that far. That is a long way to go to get a little bit of oversight. It took out some language i hoped would be put back into dealing with terrorist activities funding of terrorist activities against americans by the iranian government and i hope that is put into place. I voted for that in committe bu u saw years is we were able to push back and peeled back to the president ial overreach you have seen from this white house. Stuart i understand you pushed it back a little bit. But the president can still pecan say of hey, this is the deal and the ultimately this is the deal we are going to get. The president has veto power so the president can always be to legislation forcing us to have 67 votes and that has been the question all along, will we have the votes necessary to move this to the floor and get it out of the senate which would require 60 votes but also does veto this bill and if he were to veto a resolution of disapproval that we were to put forward is a bad deal. The goal of the corporate legislation is to assure a good deal to make sure iran never secures a nuclear bomb. I think we ought to make sure we go further on other political restraints the regime is acting for crew yemen hezbollah and others but we have a ways to go now. Stuart mary kissel from the wall street Journal Editorial Board has a question. This is a Major Nuclear treaty. It should be a treaty. The gopcontrolled senate. Why arent you passing a bill saying to president obama this should be a treaty, what youre doing goes against decades of arms control agreements . Why dont you put him in that corner . Why water down this bill so much . There have been discussions whether this is a form of a tree we had discussions with senator johnson and others who brought federal codes to talk about the merits of the treaty. That is something we have to go back and look at to make sure we understand when things become treaties or if theyre just an executive agreement that requires no involvement by the u. S. Congress or limited involvement but again this presents an opportunity for this body to put before the president our recommendation on a deal that is bad or good for the American People and hope it is good but it is headed in a direction many of us have problems with that we didnt have a seat at the table for. Stuart senator gardner thank you for joining us on an important issue. Appreciate it. Have a lot numbers for you. 181 billion. That is how much taxpayers like you spend for year to comply with irs rules and regulations. The American Action forum joins us from washington. I am a little skeptical of these big numbers that say these rules and regulations cost you 180 one billion dollars. What goes into is that 181 billion . A lot of these are from the irs. The irs reports from. The department of treasury estimates roughly 7. 3 billion hours of paperwork to comply with the department of treasury regulations and it is a measure of how to monetize the time americans spend filling out the paperwork. Stuart it sounds, 1 new one billion dollars to comply i hear these numbers battered around all over the place, theyre kind of meaningless. From some perspective the irs alone estimates individual incometax is roughly 33 billion just to comply with that and that is from the irs don what is compliance . What is this compliance business that i have to go to a tax preparer . That cost is involved . The time it takes to prepare my return . Cost involved in that . It is mostly the cost of tax preparation but there is also the time, the value of the component. If you put the individual incometax in perspective 300,000 years worth of time we spend filling out the individual income tax. Stuart when you come down to the tax code is ridiculously contemplated, 70,000 pages, nobody understands that what we need is tax simplification. I think that is your position, isnt it . Youll get no argument from me on tax simplification. There are 200 forms alone involved in the individual incometax and you are right. I know very few people who proclaimed to understand it. Stuart what is in now . 50 . 60 of people have to go pay for a tax preparer . Is that it . I think those figures are good. Just last night i had to pay 140 for a tax preparer to do my own taxes. Stuart thank you very much for joining us. I got to break away real fast because the air and hernandez sentences offical. We knew what it was going to be because it is mandatory and the sentence is life in prison without parole. An hour ago the jury returned its verdict, we heard the verdict read out by the jury members. The first two counts were of particular significance. Gerry fernandez is guilty of firstdegree murder and with extreme atrocity and the jury said guilty. That is why he has been sentenced immediately because the judge has no discretion on this. Is an immediate sentence ended has been handed down life in prison without parole for that young man. Much more on this throughout the program. We are back in a moment. Every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. Which leads to better decisions for our clients. Its a uniquely collaborative approach you wont find anywhere else. Put our global active management expertise to work for you. Mfs. There is no expertise without collaboration. The real question that needs to be asked is what is it that we can do that is impactful . What the cloud enables is computing to empower cancer researchers. It used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. Whatever i can do to help compute a cure for cancer, thats what id like to do. [ female announcer ] who are we . We are the thinkers. The job jugglers. The up allnighters. And the ones who turn ideas into action. Weve made our passions our lifes work. We strive for the moments where we can say, i did it we are entrepreneurs who started it all. With a signature. Legalzoom has helped start over 1 million businesses, turning dreamers into business owners. And were here to help start yours. Nicole i am Nicole Petallides we are seeing gains across the board Dow Jones Industrial average up 44 points, a gain of 1 4 , the s p and nasdaq with the arrows as well. The dow leaders hear it include intel which reported in the first quarter, that stock gaining 4 exxon and Chevron Energy stocks doing slower than expected. Energy is a leader all day long Cisco Systems another winner. Nokia is going to do this, theyre moving forward with a deal valued at 16. 6 billion. How better to compete against erickson . The ceo will be stepping down, dwindling coal little bit but they did back the full year outlook. More varney and News Conference<\/a> this morning. Look at this. [inaudible] stuart okay. Take a look at the video again. She was saying and europes tank dictatorship. He said nothing that would move the market. Yes. It is april 15. Tax day. Libertarians. Judge Andrew Napolitano<\/a> calls taxation theft. Do you agree with the judge . We will ask everybody. Look who is here. Mary kissel. His taxation theft . No. Raising our tax rates to some of the highest in the world. There is nothing in the constitution that says the government can come and take my money. I do not like our tax rates. I do not think we need tax rates right now. Is it theft . No. We can vote somebody into office if we want to do that. Taking away the income tax. What we really need is a low flat tax. Mary kissel says, no, it is not theft. This is a classic case today of that Economic News<\/a> being good for the market. A couple of other smaller scale indicators. Of those that dow. We will have zero Interest Rates<\/a> as far as the eye can see. Look at loyola. 55 a barrel. This up tick in the price of crude may have something to do with tensions. The price of oil is up today. 55 a barrel. And then we have intel. It will cut costs. Investors love that. Up she goes. Now look at google. Acting like a monopoly in europe. Hold on a second. Europeans are way behind in technology. They resent americas success. They go after google. How do we reduce the burdens on business. How do we reduce our that. Think of all the good that they could do. I do not think that they are a monopolist. No. Of course not. They are serving googles competitors. They have plenty of choice. You do not use google for everything. This case is absolutely absurd. A our thinking into obscurities. President obama says he will sign a bill that will give congress some oversight on this deal. Russia will indeed sell missiles to iran. Lieutenant general has some very strong comments about iran relating to those souls on this program yesterday. If he releases those missiles then i see no other option but the israelis must attack. By the way they may have to use their tax accrual Nuclear Weapons<\/a>. Should they consider Nuclear Weapons<\/a>. When they qualified that, if israel faces a crisis down the road and iran has a Nuclear Weapons<\/a> and an attack was imminent israel would use Nuclear Weapons<\/a> to stop iran. We are not there yet. He had been planning to sell before and then he froze the sale. It is a problem on two counts. It certainly makes it much more dangerous for our flyers for israel he pilots. There is another issue. If he takes the middling model that missiles deployed along the coastline. Seven12 systems. That cant command the air system of 90 . We operate in the persian gulf, carriers. They are are really key issues. I would expect that israel might do what it did in serious to prevent syria several years back. Hit them with airstrikes. The problem is iran is further away. You have to cross saudi arabia. Not sure about the air defenses. There will not be a Nuclear Explosion<\/a> in the nearterm. Okay. President obama will remove cuba from the list of statesponsored terrorism. Will he give them back wonton amo bay . That is some data i have been arguing for. First of all, i am not wired up. It is not going to happen. Half a dozen years ago they would have been in arms about this. This administration has allowed and in that it so many crises. Cubans are just way way down on the list. It will not be smooth sailing that obama thinks. Stuart i have 10 seconds left. Is taxation theft . No. I think that our taxes are too high. My contribution. That is my contribution to the wellbeing and security of the United States<\/a> of america. Not only is ralph peters one of the most historical novelist, he is also a fine american. I give you ralph peters. You can lower than. That is all right. Stuart taxation. Flat out theft. We will let the judge loose on this one and just a couple of seconds. Is College Worth<\/a> it . Numbers to suggest why it is not deep. We will have the numbers for you next. Edward jones. This is shirley speaking. How may i help you . Oh hey, neill, how are you . How was the trip . With nearly 7 million investors hes right here. Hold on one sec. Youd expect us to have a highly skilled call center. Kevin, neill holleys on line one. Ok, great. And we do. Its how edward jones makes sense of investing. Stuart and modest rally on some week i can now make news. Look at saint of america. High profits. Revenue down. The stock is dead flat. Target the nearing settlement. My how times change. Elon musk. He did not land that spacex rocket like he wanted to. Good news and that news for spacex. Its latest attempt to land the south rocket, it failed. Close, but no cigar. Yes, the company will try again. Meanwhile, southwest is taking it seats wider. Economy seats get seven tenths of an inch wider. Not even a whole inch. That is actually at least half an inch wider than competitors. Meet this guy. Dan price. He is taking a 900 dirty thousand dollar pay cut in order to raise the minimum wage at his company to 70,000. Stuart you will talk to dan. Dan price. 12 15 p. M. He is coming up on the show. Did you notice on that audiotape aired that almost every guy in the room had a beard. It is a seattle thing i guess. Stuart he is a nice guy. He snowboards. He is in a rock band. I am not stalking him. Stuart the student loan problem is worse than you think. At least a month behind payments. Why are one in three students with a long, why are they going to link went . Really good question. They have a difficult time managing money. The federal government federal student loan system is to blame. It allows people to borrow more than they can repay. The official number is actually seven teen percent. At least a month late on their payments. The calculations by 231. 5 . The trend has leveled off recently. Not as problematic as it seems. More loans are in group a man. Essentially, it means you are people are in deferment or forbearance. Stuart smoke in the years and lies and statistics. That could be a campaign issue. She will have two run on giving you things. Sure stuart. She could run as a populist. To her the country. It was funny. A new development in the hillary email scandal. She ate ordered a letter from congress. I opted for convenience. It was allowed by the state department. I thought that it would be easier to carry just one device. Out what point does it make new york state is reinventing how we do business by leading the way on tax cuts. We cut the rates on personal income taxes. We enacted the lowest Corporate Tax<\/a> rate since 1968. We eliminated the income tax on manufacturers altogether. With startupny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. All to grow our economy and create jobs. See how new york can give your business the opportunity to grow at ny. Gov business stuart waiting for the sentence thing of Aaron Hernandez<\/a>. At the moment, odin lloyd the guy that was murdered, his mother has just spoken. When the news comes down about the sentencing we will bring it to you. Mandatory the judge has no discretion. That is why the sentencing is immediate. There is no death penalty. Life without parole. No exceptions. Stuart there is no question about it. We have been noting you all day long on this. We will ask you again. Is taxation theft . The only truly moral taxation is one that is voluntary. You are at home one night. There is a guy with a gun. The guy says, give me your money. You gasp. You call the police. You find out that this guy works for the government. What is the difference . Stuart 100 years 102 years and attempts to go to the Supreme Court<\/a> and say that it is fast. It is part of the constitution. You are asked in need if it is moral. Can the government take something from you against your will . That is a moral argument. Stuart i thought that it was unconstitutional. And income tax that was declared unconstitutional. Stuart taxation is theft on a moral basis. I think that you would probably agree with that. Hillary clinton ignores a letter from congress. Have you got an email account. She does not respond. I say that by not responding she avoided a lie. She knew exactly what she had. She knew how wrong it was. She knew how it would be perceived. She remains silent. That was the infamous grand jury review. She either did not answer or said she did not remember. It is her mo. We have clean hillary. Oh, i forgot. She has been crowned already. [laughter] unlawful in new york and new jersey. Every day people. Of course. [laughter] she knew exactly what she was doing. She also knew she only had a few more weeks in office the president of iran does not Want Congress<\/a> involved in any nuclear deal. We will ask about that coming up. If israel faces to existential crisis years down the road where iran had nuclearweapons and the means to deliver them and an attack was imminent israel would as a last resort use Nuclear Weapons<\/a> to stop iran. We are not there yet. Stuart lets go to capitol hill, senator Corey Gardner<\/a> is with us republican from colorado. You remember the Senate Foreign<\/a> relations committee, we have been looking at so has the wall street journal this bills that the president has gone along with giving you some oversight over this deal with iran. But the wall street journal says president obama after 52 days can, without reference to congress, at ease and get rid of these sanctions. That sounds like a huge hole in the legislation you just passed. This legislation allows us to have a seat at the table where we did not for the first time theres a separate timeline a separate 60 daytime line that began some limited but this legislation assures the president can simply waive sanctions on his own. Gives us the ability to weigh in. This assures we have a seat at the table to approve the deal. The timeline is complicated but it gives us a seat at the table we never had without the legislation. Stuart you had to go that far to get democrats on board with this bill. You had to go that far. That is a long way to go to get a little bit of oversight. It took out some language i hoped would be put back into dealing with terrorist activities funding of terrorist activities against americans by the iranian government and i hope that is put into place. I voted for that in committe bu u saw years is we were able to push back and peeled back to the president ial overreach you have seen from this white house. Stuart i understand you pushed it back a little bit. But the president can still pecan say of hey, this is the deal and the ultimately this is the deal we are going to get. The president has veto power so the president can always be to legislation forcing us to have 67 votes and that has been the question all along, will we have the votes necessary to move this to the floor and get it out of the senate which would require 60 votes but also does veto this bill and if he were to veto a resolution of disapproval that we were to put forward is a bad deal. The goal of the corporate legislation is to assure a good deal to make sure iran never secures a nuclear bomb. I think we ought to make sure we go further on other political restraints the regime is acting for crew yemen hezbollah and others but we have a ways to go now. Stuart mary kissel from the wall street Journal Editorial Board<\/a> has a question. This is a Major Nuclear<\/a> treaty. It should be a treaty. The gopcontrolled senate. Why arent you passing a bill saying to president obama this should be a treaty, what youre doing goes against decades of arms control agreements . Why dont you put him in that corner . Why water down this bill so much . There have been discussions whether this is a form of a tree we had discussions with senator johnson and others who brought federal codes to talk about the merits of the treaty. That is something we have to go back and look at to make sure we understand when things become treaties or if theyre just an executive agreement that requires no involvement by the u. S. Congress or limited involvement but again this presents an opportunity for this body to put before the president our recommendation on a deal that is bad or good for the American People<\/a> and hope it is good but it is headed in a direction many of us have problems with that we didnt have a seat at the table for. Stuart senator gardner thank you for joining us on an important issue. Appreciate it. Have a lot numbers for you. 181 billion. That is how much taxpayers like you spend for year to comply with irs rules and regulations. The American Action<\/a> forum joins us from washington. I am a little skeptical of these big numbers that say these rules and regulations cost you 180 one billion dollars. What goes into is that 181 billion . A lot of these are from the irs. The irs reports from. The department of treasury estimates roughly 7. 3 billion hours of paperwork to comply with the department of treasury regulations and it is a measure of how to monetize the time americans spend filling out the paperwork. Stuart it sounds, 1 new one billion dollars to comply i hear these numbers battered around all over the place, theyre kind of meaningless. From some perspective the irs alone estimates individual incometax is roughly 33 billion just to comply with that and that is from the irs don what is compliance . What is this compliance business that i have to go to a tax preparer . That cost is involved . The time it takes to prepare my return . Cost involved in that . It is mostly the cost of tax preparation but there is also the time, the value of the component. If you put the individual incometax in perspective 300,000 years worth of time we spend filling out the individual income tax. Stuart when you come down to the tax code is ridiculously contemplated, 70,000 pages, nobody understands that what we need is tax simplification. I think that is your position, isnt it . Youll get no argument from me on tax simplification. There are 200 forms alone involved in the individual incometax and you are right. I know very few people who proclaimed to understand it. Stuart what is in now . 50 . 60 of people have to go pay for a tax preparer . Is that it . I think those figures are good. Just last night i had to pay 140 for a tax preparer to do my own taxes. Stuart thank you very much for joining us. I got to break away real fast because the air and hernandez sentences offical. We knew what it was going to be because it is mandatory and the sentence is life in prison without parole. An hour ago the jury returned its verdict, we heard the verdict read out by the jury members. The first two counts were of particular significance. Gerry fernandez is guilty of firstdegree murder and with extreme atrocity and the jury said guilty. That is why he has been sentenced immediately because the judge has no discretion on this. Is an immediate sentence ended has been handed down life in prison without parole for that young man. Much more on this throughout the program. We are back in a moment. Every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. Which leads to better decisions for our clients. Its a uniquely collaborative approach you wont find anywhere else. Put our global active management expertise to work for you. Mfs. There is no expertise without collaboration. The real question that needs to be asked is what is it that we can do that is impactful . What the cloud enables is computing to empower cancer researchers. It used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. Whatever i can do to help compute a cure for cancer, thats what id like to do. [ female announcer ] who are we . We are the thinkers. The job jugglers. The up allnighters. And the ones who turn ideas into action. Weve made our passions our lifes work. We strive for the moments where we can say, i did it we are entrepreneurs who started it all. With a signature. Legalzoom has helped start over 1 million businesses, turning dreamers into business owners. And were here to help start yours. Nicole i am Nicole Petallides<\/a> we are seeing gains across the board Dow Jones Industrial<\/a> average up 44 points, a gain of 1 4 , the s p and nasdaq with the arrows as well. The dow leaders hear it include intel which reported in the first quarter, that stock gaining 4 exxon and Chevron Energy<\/a> stocks doing slower than expected. Energy is a leader all day long Cisco Systems<\/a> another winner. Nokia is going to do this, theyre moving forward with a deal valued at 16. 6 billion. How better to compete against erickson . The ceo will be stepping down, dwindling coal little bit but they did back the full year outlook. More varney and Company Coming<\/a> up. You drop 40 grand on a new set of wheels, then. Wham a minivan tbones you. Guess what your Insurance Company<\/a> will only give you 37thousand to replace it. Depreciation they claim. How can my car depreciate before its first oil change . You ask. Maybe the better question is why do you have that Insurance Company<\/a> . With Liberty Mutual<\/a> new car replacement, well replace the full value of your car. See Car Insurance<\/a> in a whole new light. Liberty mutual insurance. If you suffer from a dry mouth then youll know how uncomfortable it can be. But did you know that the lack of saliva can also lead to tooth decay and bad breath . Well, there is biotene specially formulated with moisturizers and lubricants. Biotene can provide soothing relief and it helps keep your mouth healthy too. Biotene, for people who suffer from a dry mouth. Its more than the cloud. Its security and flexibility. Its where great ideas and vital data are stored. With centurylink you get advanced Technology Solutions<\/a> from a trusted it partner. Including cloud and hosting services all backed by an industry leading Broadband Network<\/a> and people committed to helping you grow your business. You get a company thats more than just the sum of its parts. Centurylink. Your link to whats next. Imus in the morning when it happened moments ago. Aaron hernandez, the young man you see there, sentenced to life in prison without parole that was a mandatory sentence for the first degree murder for which he was found guilty. The verdict came down an hour ago the sentencing minutes ago. A new report from the General Accounting Office<\/a> says commercial airlines to be hacked in flight using the planes wifi Entertainment System<\/a>. Tom sullivan is with us. You are an accomplished pilot you know what youre talking about. The fear is the scare story of the day, i am flying along in the airplane somebody down there gets control of the wifi and crashes the plane. Is that a scare story or are you going to debunk it . Totally debunk it. I have talked to my son who is an Airline Pilot<\/a> talk to a number of other pilots. My experience with airplanes. The worst thing that could happen is if you get somebody on board and they use the Entertainment System<\/a> to somehow the worst thing they could do with change your channel. Yes they could. They could change your channel. Stuart wifi related to the Entertainment System<\/a>, not the computer operations of the plane. Computer operations of the plane are multiple computers and with triple redundancy and if somebody got hold of the Entertainment System<\/a> got one of the Circuit Breakers<\/a> that there you can pull which dumps that rack and everybody would lose their television but you can still fly the plane and if somehow you were able which nobody can figure out how they would get into the flight instruments, the engines are separate from all of that anyway. I think with this is about that is the headline wifi they why jack an airplane. The concern is this is where the government needs to do the work, the aircraftairtraffic control centers, whether someone can hack into them so the controllers would not have the information about where the planes were and even with that, in the airplanes there is antipollution devices that says there is another airplane three miles over there, 5000 feet above the. They would avoid them, they would fly themselves around one of the problem was. The one tom sullivan says relax not going to happen. They might change your channel. Stuart glad to have you with us to set us straight. Some news on chipotle. They are getting backlash from people who say theyre calory labels are a lot. For example 400 calories gets you a breed of but that is only the 40 and beans. That is it. If you want the good ingredients is closer to 1100 calories. The fda is going after kind bars saying they are not considered healthy because of their high levels of saturated fat. Kind has responded telling us it is because of the nets which contain nutrition facts that exceed the amount allowed under the fda. You got all this . The easiest way to avoid confusion with what is healthy and what is not, eat at home says the founder of professional integrity. She joins us now. Welcome back to the program. We have had one before. If you are telling people for Good Nutrition<\/a> eat at home because you control the ingredients i understand that and it is a fair point but you are fighting an uphill battle, you are fighting against the tide. Everybody and his brother is eating out these days whenever possible. You make a good point. In 1970, 26 of food expenditures were spent outside the home. Manufacturers for that, when includes the fact that restaurants are everywhere and so convenient. Although you are right that i am fighting an uphill battle it is an important battle to fight. Stuart your point is we should be more nutritionally conscious and we should eat more fresh fruits, vegetables protein. That is your message and when youre trying to do is tell people how to do that in the easiest possible fashion. The easiest way is how to cook at home. Last year brazil released dietary guidelines and one of the guidelines which is a new one is telling people, eat more home cooked meals because when you are eating at home you are usually eating healthier ingredients but you are not pouring so much oil on your food, wont be adding a lot of sodium. That is important for people to become more familiar in their kitchens. Stuart is there any one restaurant chain that stands out above all the rest for cooking good food on the premises that you approve of . Chipotle is not necessarily bad. I eat there myself but the issue is the frequency with which people are eating out. That is why i say if you are only eating out one time only quote once every 10 days it doesnt matter what you are eating as long as the bulk of your meals are healthy and home cooked. Stuart i have the Restaurant Association<\/a> of america on my line. You are not too popular. You make an interesting point but i think u. S. Winning against the tide. Come and see us again appreciate you being with us. Next a feelgood store, Restaurant Owner<\/a> notices a homeless person eating out of her restaurants trash. She put a sign in the window offering that person free meals. Is a good story. The full story is next. Om the second were born. After all, healthier doesnt happen all by itself. It needs to be earned. Every day. Using wellness to keep away illness. And believing that a single life can be made better by millions of others. Healthier takes somebody who can power modern health care. By connecting every single part of it. For as the world keeps on searching for healthier. Were here to make healthier happen. Optum. Healthier is here. [announcer ] what if one stalk of broccoli could protect you from cancer . What if one push up could prevent Heart Disease<\/a> . [man grunts] one wishful thinking, right . But there is one step you can take to help prevent another serious disease pneumococcal pneumonia. One dose of the prevnar 13\u00ae vaccine can help protect you. From pneumococcal pneumonia, an illness that can cause coughing, chest pain difficulty breathing and may even put you in the hospital. Prevnar 13 \u00ae is used in adults 50 and older to help prevent infections from 13 strains of the bacteria that cause pneumococcal pneumonia. You should not receive prevnar 13 \u00ae if youve had a severe allergic reaction to the vaccine or its ingredients if you have a weakened immune system, you may have a lower response to the vaccine. Common side effects were pain, redness, or swelling at the injection site. Limited arm movement, fatigue, head ache muscle or joint pain less appetite, chills, or rash. Even if youve already been vaccinated with another pneumonia vaccine, prevnar 13\u00ae may help provide additional protection. Get this one done. Ask your healthcare professional about prevnar 13\u00ae today. Stuart talk about a big winner. A gun company, smith and wesson raised its forecast. That is why it is up 13 . That is a huge gain for that company. The owner of he beat jams in Oklahoma City<\/a> had been taking out the trash and noticed it had been rummaged through. Someone had eaten the leftover food that was thrown out. She felt she needed to do something so she put this sign in the window. To the person going through our trash for their next meal and you are a human being and worth more than a meal from a dumpster. Coming during operating hours for fresh veggies and a cup of water at no charge, no questions asked your friend the owner. Here is the donor ashley is with us now. That was a very nice thing to do and i want to know if that person ever did coming to your restaurant and get that free meal. Thank you for having me today and actually out of respect for them, i would not let anyone know if they ever came in or not. Stuart do you know if that person came in . I do not. Stuart why did you do this . Just feel bad for this foreperson . Rummaging through the dumpster . I did this because if it were me i would want somebody else to do the same. Stuart you sometimes a little worried may be that a lot of Homeless People<\/a> may coming . I am not worried at all stuart you have a go fund me page to raise money to donate food for homeless shelters . Yes i do and to be able to feed more people if they cannot afford their meal. Stuart how do i get to this go fund me . Go to goes to the fundme. Com sharesthenuts. Stuart what is the reaction to what you have done . Stuart everyone has been amazing and supportive. The public has shared their stories and open their hearts to me. Is absolutely wonderful. Stuart okay. I think our viewers appreciate what you have done too. Thank you very much for joining us thank you. Up next, former patriot air and hernandez guilty on all charges spend the rest of his life in prison. The lead is coming up at the top of the hour. Stuart Aaron Hernandez<\/a> guilty of all charges including firstdegree murder, life in prison without parole. Our nfl insider joins us about this story. Is this a black eye for the nfl . We will ask the question. If the president of iran doesnt Want Congress<\/a> involved in the nuke deal it must be a good idea for congress to be involved. Judy miller weighs in on that. Hillary tour rolls on and off and then on media fawning. Look at that. What are they all rushing for . Chris christie offering a plan for Social Security<\/a>. Sounds a lot like Wealth Redistribution<\/a> and it comes from a republican. The man who built g e may have picked a republican candidate who he likes and is going to back him. Charlie gasparino tells us to that candidate is. You will meet the ceo who took a pay cut to give his employees as 70000 salary. Minimum wage, 70,000. Why would he do that . Our two of varney and company is about to begin. We begin with Aaron Hernandez<\/a> guilty of firstdegree murder sentence to life in prison without parole. A tragedy on many levels and may be a black eye for the nfl. Lets bring in pete trader. It is a black eye for the nfl . It is obviously a black eye for the nfl and the headline reading every National Newscast<\/a> will be one of their star players involved with such a crime but as we learned time and again the nfl rules on. It is a profitable business the most popular sport in america. By the time the nfl draft rules around in 16 days no one will be talking about Aaron Hernandez<\/a> they will talk about football and whether the team is set for the symbol. Stuart he was a promising player tight end for the patriots he was on the roster for the superbowl games i think he was a very promising player but now the rest of his life in prison. Had already signed a seven year 49 Million Contract<\/a> earlier that year and believable talent on the football field one of the most valuable players, they did play in the 2011 super bowl, lost to the new york giants and is all gone. He is in jail no sympathy for this young man. She had it all. The world was given to him had everything in his hands. Stuart i dont know if you know the details of his contract or contractual obligations but you are talking about a seven your contract that he signed for 49 million in total. Does he get any of that money . He got his bonus money but once in the nfl you dont have a guaranteed contract. Unlike baseball or basketball there is no guaranteed contract. Once your signing bonus is given to you. He gets a little bit up front but once he was arrested, the day after is that, the new England Patriots<\/a> cut him from 13. Without being found guilty, they work cut from the team altogether. He got a guaranteed money upfront. Stuart thanks very much for joining us. Check the big board very modest rally. We were doing better than this an hour ago but still up 62 points, 18,100. Bank of america higher profits because their legal bills are down. But their revenue is down. Not good so they are off 0. 14. Google facing an antitrust fight in europe. The europeans say you guys dominated and messed around with your monopoly position but it is only down 50 on 539 stock. Not much of a pull back. Lookit avon. Remember then . Your moms generation. They are considering a sale of some or all of their operations. Maybe that is a sign of the times. Below 9 a share. The price of oil has gone straight up today, were 2. 31 at 50 a barrel, have not seen that level in a while and the price of gasoline heading back up again. There goes my prediction of a plunge. 2. 39 is the national average. Where is the cheapest gas in the land . 1. 75 in south carolina. Lets talk hillary. Every day we cover how to the media is fawning over here. Today this video. Reporters running, dozens of them running after the van. As it arrives in iowa. What is the rush . Dont know. Look at what in bc. chk oddtweteout, so hard in this new media age to do anything that looks spontaneous in the political world. This hillary road trip by the has done just that. He was serious. Kennedy is with us. You can crack a smile cant you . When i look at chuck todds facial hair i just i have given up on men. Stuart i dont think this campaign the bus for has got not too good start. Nobody recognized in jacobi. It is just an suv. Is recycled from her 2000 senate campaign. Chuck todd did so little research. This is one of the headlines that has been percolating throh t e st few ago because she is such a real person, one of the people. Stuart that is a difficult road. She is a very wealthy woman she makes a speeches for a quarter Million Dollars<\/a> a pop but she wants to be one of the people. That is a difficult thing to do law. She makes more in an hour speaking than most people make in five years and it is kind of shocking. She is so out of touch. Ideas are outdated and that was one of the best lines of marco rubios speech yesterday from yesterday yesterdays ideas with respect to yesterday and he is absolutely wright. Stuart she walked Hillary Clinton<\/a> walked into that jacoby ordered the burrito, nobody noticed her and she left. If bill clinton had done that he would have taken over is that shop for a couple hours. He would still be there. Half the people in there he would talk to every single person, hes a brilliant politician in that way and hillary is not. Perhaps geneticists will figure this out over the next few decades. There might be something in your dna that makes you a politician because he sparkles like a pixie wherever he goes regardless whether you despise his ideology. Heat so definitely wants to be liked and to touch people. Stuart the magic touch. He has got it she doesnt. Seeing the contras even between him and obama at the 2012 convention it was 3 stock. Stuart obama doesnt have it. People say he is a masterful politician. He can put a speech together on it teleprompter but he doesnt have the personal magnetism. Stuart when it is important president ial politics. Can you name republican who has the magic touch politically . Ronald reagan. That is why everyone is trying to channel reagan. They want to get back to that visceral thing that voters connect with. It cant be taught and people are desperate for if they can find it and bottle it someone will be a trillion air. Imus in the morning when you have the magic touch and i will watch your show at what time . 7 00 p. M. Eastern. The name of the show is kennedy. You have the magic touch. All right a kennedy, see you soon, appreciate it. The president of iran does not Want Congress<\/a> involved in the new deal. That must be a good idea for congress to get involved. Judy miller is here. How strong is this deal to give congress an oversight . There was such a consensus about the need for oversight. The president who said he would never accept anything like this was forced to say we got them to change the terms now it is going to be okay, i can live with this but this is not good news for the president , not good news for the deal. Stuart the wall street journal says if you look within the deal the congressional deal the president after 52 days can still say we are easing off, dropping all the sanctions. Doesnt have to refer to congress. Can do that under the terms of this bill that was passed. That is a mile wide hole in the sanctions deal. Yes and let him try it with the congress against him and the democrats against him and Hillary Clinton<\/a> wanting to be president of the United States<\/a>. I think this is a really difficult position for the president and stuart you have the other side of the coin to me. This is a very weak congressional oversight deal. You are saying it actually puts the president in a difficult position. It is pretty much unprecedented have your own party desert you on any issue of executive prerogatives. Normally when you are negotiating treaties congress has not got involved. This is an extraordinary step no matter how they try to put lipstick on a paid. Stuart i got to raise another interesting angle with you if i may. On this program yesterday lieutenantgeneral tom mack and one had some very strong comments on iran. Roll tape for a second. If Vladimir Putin<\/a> fact because he has a problem with the u. S. And nato and the ukraine and crimea if he releases those missiles then i see no other option but the israelis must attack. By the way they may have to use their tactical Nuclear Weapons<\/a>. Stuart okay, okay, two issues there. He says may have to use tactical Nuclear Weapons<\/a> and use a . I respectfully disagree. Israel has said many times that it will not be the first nation to use Nuclear Weapons<\/a> in the middle east. Stuart how about his other statement that israel may have to attack because of the delivery of these antiaircraft missiles from russia . I dont believe that is what the israelis are saying. If you look at what they have been saying to date you have Benjamin Netanyahus<\/a> call saying please dont do this. Is not helpful. You have many warnings that they are not saying they would have to attack. Stuart but tactically. He makes a good point. These missiles are deal breaker. You can impose sanctions, you have no sanctions on iran if you cant attack them. It is another indication that the deal is in such trouble. If Vladimir Putin<\/a> immediately does this it plays into the israeli argument that this is how the extra money iran gets from the sanctions has got to be spent. Undermines what obama is trying to do. Stuart you think this is it is team really bad shape. I am going to wait and see what they come up with that this point is looking very bad. Susan Vladimir Putin<\/a> and the ayatollah. Stuart always a pleasure thank you very much. Up next the ceo who is giving his workers a 70,000 minimum wage. Is that a publicity stunt an act of kindness . He will make his own case himself next. Effective immediately we put a policy into place to have bought minimum 70,000 wage. Help an oil company overcome minus 47 degree temps, 5 foot ice, and 16 foot waves, to safely keep crude oil flowing 365 days a year. When emerson takes up the challenge its never been done before simply becomes consider it solved. Emerson. Stuart more of todays top stories, lauren simonetti, in case you missed it. Amazing videos to show you, mario draghi attacked by of female protester. She jumped on the desk in front of him and showered him with confetti. Watch this. Will underpin the firm. [shouting] talking to wishy got in with the Journalists Press<\/a> credential and personal information, senior officials at the fbi cia a leaked Law Enforcement<\/a> official tells fox news the data compromise is mostly accessible by running simple searches but did include information and rudy giuliani, leon panetta and other notable figures as well as their families. A government watchdog warns a terrorist with a laptop can bring down an airplane using passenger wifi. Is not easy to do but it is possible. Tom sullivan former pie that says dont worry the worst that it can do is change your channel on your inflight tv screen. That was reassuring but computers in your car, your home, your plane, you have got to be careful. End you laugh at me. Sandra stuart i want to bring you something fantastic. I will bring you the man making 70000 a year minimum wage at his company. Luann a check of all limit takes, the ceo of gravity payments is here. This is the man who is doing it. Are you a socialist . Im not a socialist. Stuart let me explain what youre doing you make 1 million a year, you run your own company, you read a survey that says happiness increases if you get towards 70,000 a year but you want to spread some happiness in your company. What i want to do is have a purpose. What i love about my work is i have a purpose. I am passion about independent business, saving money and Processing Services<\/a> and my team members are too but sometimes if you are a little bit below what it takes is great buys that can be distracting from that passion that purpose for what you do so i am all about achieving the maximum amount but i want to remove those distractions and help people move forward. Stuart terrific idea. You are an extremely generous person and that is a fact you are. In make 1 million a year that you are taking a pick that down to 70,000 a year. Correct. Stuart taking money from your profits and putting it into the big pot so everybody makes 70,000 minimum. I think this will be a great thing for the company. It will be agree are 0 i. People who dont think so are looking too shortterm. Stuart return on investment to give Something Back<\/a> for your generosity . Absolutely and the way we look at it is trust and values. When you take care of people they take care of you. In the yearandahalf ago we instituted unlimited vacation. Productivity went up. A time off didnt go. When you trust people they take care of you. Stuart you can do this without raising the price of your service. You dont think you lose any motivation because everybody is up at that level i they motivated to keep climbing the food chain . I thought about that. I dont want anyone stuck at my company because they cant afford to work somewhere else so that is what we have to work through. Different problems and challenges, what we see is inequality is getting bigger and bigger. A lot of times people are proposing Government Solutions<\/a> like in seattle we have a 15 an hour minimum wage and for me that is a sign of failure we didnt self regulate and selfgovernment have we done things like this there would be no need. Stuart i dont approve of government rules saying you have got to pay this or that. I dont approve because that is Government Intervention<\/a> the queue in the same team as meet . I would like to think if we set up it wont be necessary. Sometimes government has to intervene and regulate and sometimes they should. Stuart not everyone will do this. You are 30 years old. I dont know if you have responsibilities like family i dont know that but not everybody can take a pay cut from 1 million to 70,000. Not everybody wants to take a big risk organizing a company work long hours and give it away. I should be paid market rates so i can be replaced if i cant work for some reason. I will get back up to it. That is not an issue. And loving to make that investment. This is a shortterm sacrifice for longterm gain. Stuart it is your company. It is my decision and by appreciate your point how is nice for me to make this decision. A moral imperative of us as leaders to do the best we can for everybody. If we take these problems seriously. Less need for politics to be involved. Stuart i looked at the video tape, it is gone viral and split up the world with this thing. Look at it. Every one that i can see look at it. What is with that . We like the beards. Trying to look good. It is that seattle thing brooklyn thing young people thing. I have to tell you the thing that will surprise you people are asking me with resumes im getting flooded from my clients and other independent businesses the purchase and because of these values. It is a little different spin. There is the competitive element to this which i think you will like. Stuart was it a publicity stunt . And i thought we might get a bit of publicity. Stuart who wants to be the charge for egalitarianism. Is that you . Im not a leftist or a righty but what i do want to do is find a practical solution to solve the problem. If republicans or democrats or progressives or conservatives want to take credit so be it. Lets fix the problem. I will be happy, dont care about the credit. Stuart i think what you have done is a terrific thing. You are very generous man. Take my hat off to you. You will follow suit i heard. Stuart from who . Name your source. Stuart some people i invite back and to the program but you are out of here. Dan price everyone thanks for joining us. Good for you. Up next, a classic case of the government bamboozling the people. They give you my take on andrew cuomo after this. The lightest or nothing. The smartest or nothing. The quietest or nothing. The sleekest. Sexiest. Baddest. Safest,. Tightest,. Quickest,. Harshest. Or nothing. At mercedesbenz we do things one way or we dont do them at all. The 2015 cclass. See your authorized mercedesbenz dealer for exceptional offers through mercedesbenz financial services. Stuart a couple stocks still look at. Bank of America Revenue<\/a> down. Profits up. Stock dead flat. Target close to settling with mastercard over the big data breach two years ago. Give the banks 20 million. Stock down a fraction. New York Governor Andrew Cuomo<\/a> taking to the airwaves to trumpet his Economic Development<\/a> program that he says brought business into the state. However now Bipartisan Coalition<\/a> wants to suspend the program because the ad campaign alone cost 53 million. The program only created 76 jobs. This is a classic case of government bamboozling the people. It is delivered, cynical and for new york state the same old same old nonsense. Governor cuomo spends a ton of taxpayer money advertising his Great Program<\/a> to develop the states economy, tax breaks, tax holidays, come to our state we will make it easy for your business, sounds like new york is business friendly. It is not. Heavily unionized, tax and regulated to death. That is new york. That is why it has been in decline for decades. Governor cuomo tries to convince voters he is doing something about it. He has been very good at saying i am bringing in businesses and jobs. For months voters have been watching glossy commercials paid for by taxpayers that they are really as for governor cuomo. He is buying votes with your money. 53 million of your money so far and 76 jobs to show for it. Go get the oil and gas under the governors own turf, opening up thousands of high paid jobs that no taxpayer expense. Fracking, he pans it. The pursuit of healthier. It begins from the second were born. After all, healthier doesnt happen all by itself. It needs to be earned. Every day. From the smallest detail to the boldest leap. Healthier means using wellness to keep away illness. Knowing a prescription is way more than the pills. And believing that a single life can be made better by millions of others. Healthier takes somebody who can power modern health care. By connecting every single part of it. Realizing cold hard data can inspire warmth and compassion. And that when Technology Meets<\/a> expertise. Everything is possible. For as long as the world keeps on searching for healthier. Were here to make healthier happen. Optum. Healthier is here. Stuart we have an exclusive. It is from charlie gasparino. A formal endorsement of ted cruz. I put many calls and emails out to jack. I actually like jack a lot. He has not gotten back to me. The name that he keeps bringing up the name that he says he is most impressed with is ted cruz. Now the question is, does he formally endorse him . Why are you going so far to the right . He says we have gone with establishment players the last two election cycles and we lost. Maybe the way to go is ted cruz. I am talking to a lot of fundraisers. Though marco rubio fundraisers on wall street know about this. If rubio loses jack welsh think about the republican sweepstakes. You have the evangelical swing which is mike huckabee. Losing someone like, getting jack welsh as your endorsement. Very big deal. That is why if he loses we do not know if he will do that, if jack does endorse cruz officially it could really hurt rubios chances. Stuart a formal announcement is when he comes out and says this is my guide. We do not hold the answer to that question. The democratic one is boring. We know who is likely to get it. You really do have six or seven serious people. If you think about it, he endorses cruz. The conservatives pretty much narrow it down, particularly with money. I ask why he is not looking out walker. Walker would be a likely choice. These are established republicans who say are you crazy, jack . You are not talking about a mainstream candidate. Connell he is the premier is that cute if. On the candidate side, we fried the moderate in the past. Cruz is probably the smartest guy in the field. Stuart identifying with one candidate, that pulls a lot of attention to that candidate. Particularly as the sweepstakes kit around. Stuart Chris Christie<\/a> wants to overhaul Social Security<\/a>. Sixtynine. Come on in, ryan. You are a young guy. You could not retire on Social Security<\/a> and know you are 69. I more than likely will live into my late 80s. More than likely, i will live in my mid to late 80s. We have to understand one basic thing. Social security is not a right. Social security is a benefit. It is a tax. You have no right to the money that you put into it. Changes have to happen. We are living a whole lot longer. Here is one other thing. He wants to cut benefits for those that make 80,000 a year in retirement. He wants to eliminate benefits entirely. What you make about that . You make a lot of money and retirement and you do not get any of the money that you contributed for all of those years. Maybe 200,008,000,000. Very wealthy people do not need Social Security<\/a>. It is not a right. Stuart they paid into the pool. Why should they be excluded from it . You do not have a right to that money. It goes to the federal government. Stuart if ipay into the something for 40 years how come all of a sudden i will not it the money . Kristis plan does stipulate that people near retirement would not have to fall into that category. At the end of the day lets say i make a lot of money. It is more important for me to not receive benefits then the whole system goes belly up. Conserving the livelihood of people which you come from. Hillary clinton does not pay for the dry cleaning of her pant suits. She does not need that money. Stuart a young conservative. You do not need that money. You will not get it. I think we have to understand if you were a wealthy person, you do not need food stamps, but you pay into food stamps. You pay unemployment but you never need unemployment. I would love it. It made him a lame duck president at the end of the year. It does not raise taxes. Keep the benefits for the working poor and middle class. Stuart thank you for being with us. The Hillary Clinton<\/a> email scandal. Congress asked about her. Back in 2005. She did not respond at all. Tonight on fox business. Strange inheritance. Do not miss it. Oh, my god did what is going on . Oh my gosh. This is your house . I cannot believe it. When youre not confident you have complete visibility into your business, it can quickly become the only thing you think about. Thats where at t can help. With Innovative Solutions<\/a> that connect machines and people. To keep your internet of things insync, in realtime. Leaving you free to focus on what matters most. Nicole i have your fox business brief. We are seeing gains across the board. The dow jones up. The s p 500 at 2105. Energy leading the way. All with us arrows. Stocks up 2 . The stock is pouring up 13 . The real winner this year. More varney and company of next. Hi, tom. Hey, hows the College Visit<\/a> . You remembered. Its good. Does it make the short list . You remembered that too. Yea, im afraid so. Knowing our clients personally is what we do. Its okay. This is what weve been planning for. Thanks, bye. And with over 13,000 Financial Advisors<\/a> we do it a lot. Its why edward jones is the big company that doesnt act that way. Stuart avon exploring options. That door to door cosmetics sale not a good model. They are trying to sell their north operation. They are taking another hit in the first quarter. The company is losing force. 6 million representatives. The largest growth area is now slowing down. We started a while ago. Stuart find billions of dollars in year out. All the that news is not even out. It has to do with comparison shopping. They are looking at maps. They are looking at android operating systems. Is taxation theft . It is grand theft. That is how i look at taxes. Virtually, no tax. Hillary clintons email scandal will not go away. Darrell i saw sent her a letter. Fox news at henry reports that she never responded. Is that accurate . We got a very coordinated nonanswer from agency after agency. Clearly, according to state department 100 people or more breaking the rules. Stuart if she has responded directly to your letter, she would be in danger of lying by not responding. She avoided the like, i guess. This is the most open and transparent administration. We had already had a number of cabinet, subcabinet position individuals that had to used their private emails in violation of the law. We were doing an investigation trying to get compliance with the federal records act. Why are we hearing about it now . You did not get a direct response. Why now . Because we now know that she destroyed documents. She, in fact will not be forthcoming. Jonathan silver. Each of these individuals used private email to cover up their actions. They would not want to be made public. I do not think that there will be a legal sanction on Hillary Clinton<\/a> for what she has done. Is this person said to lead. To have this tower . The president of the United States<\/a> is the most powerful person on earth. The answer based on some of these email accounts is no. It is april 15. Tax day. Is taxation theft . Yes. Absolutely. Our tax system is not fair. It is a system in which powerful people have referred the process on both sides of the aisle. Our system is not sarah. It would be a fair system. What you have done is you have sorted the process to where the actual taxpayer is paying more than their fair share. Paying much less. They have been able to gain the system. We have had a lot of answers to that question. Thank you. Appreciate it. There is evidence of water on ours. Used to deliver supplies to the International Space<\/a> station. It was successful. It crashed on a barge off the florida coast. Lakewood water implies the possibility of life. Right. Where there is water on earth there is life. The possibilities that while that is true. Stuart they expect to find life. She fully expects to have a very clear sign. Our solar system. The possibility of water. On jupiter and saturn. Huge liquid ocean underneath it. Stuart are they in a position to identify that life . Melting into the surface as well. They are putting these tools together. That is the headline that you desperately want. Exactly. Who knows what youve got. Exactly. Stuart thank you for joining us. We will have more varney for you on this tax day and just a moment. Ing wellness to keep away illness. And believing that a single life can be made better by millions of others. Healthier takes somebody who can power modern health care. By connecting every single part of it. For as the world keeps on searching for healthier. Were here to make healthier happen. Optum. Healthier is here. Your moms got your back. Your friends have your back. Your dogs definitely got your back. But whos got your back when you need legal help . We do. Were legalzoom, and over the last 10 years, weve helped millions of people protect their families and run their businesses. We have the right people onhand to answer your questions backed by a trusted network of attorneys. So visit us today for legal help you can count on. Legalzoom. Legal help is here. I think that i should be paid market rates. I will get back up to it. That is not an issue. Again, this is a shortterm sacrifice for a long time gain. Stuart she he is the guy that has established a 70,000 minimum wage to all of his him for use. Using some of that money to bolster his employees salary. This guy is lighting up the social media today. Time is up. Here is you drove fulton. Adam teen reaching new heights. Facing a possible breach. The u. S. Government locking onto wifi in the sky a put you and your personal information at high risk. A big load to google. We will have a hand of economic policies. To respond. In the meantime, a potential leak of personal information. Posted online. Blake bergman with a now from ec. What is the latest","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia802700.us.archive.org\/30\/items\/FBC_20150415_150000_Varney__Company\/FBC_20150415_150000_Varney__Company.thumbs\/FBC_20150415_150000_Varney__Company_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240621T12:35:10+00:00"}