Transcripts For FBC Varney Company 20150508 : vimarsana.com

FBC Varney Company May 8, 2015

Labor Participation Rate that is 12 points lower than britains. Add it up, please. Theyre not working very well, are they . Ive got one more headline for you. The saudis want to bomb, and theyve got the money to buy one. Friday were about to begin. You know, i think we can have either trup he wants or drum roll or something because it is friday. Will you please look at that. The dow industrial is up 260 points. The gallery here, it was at best an immediate mediocre jobs report, is there any chance that the Interest Rates will rise next month . I doubt it and thats the key reason why the do you is up 258 points, i thought we were on organic local farmed food, yet the Fried Chicken trade starts trading on the nasdaq and its up 20 29 . At 24 dont forget the biscuits everybody. Fried chicken. Now take a look at shake shack. Now, the reason we bring this on for you is that yesterday that i can shack took a huge tump as that chart shows you. Why . Because they were selling 1,000 times future profit, thats the pe ratio. We dont deal with that a bit much on this program, but thats a tad high at 1,000. Taking on the chin, shake shack. Yelp is considering selling itself its struggling with growth, the market like that because who knows what they will pay for it and up she goes this morning on yelp. Okay. The price of oil. Itsal 58. 61 this morning. Got it. Price of gas. Got that too. 2. 65 a gallon, and thats up again overnight. 2. 65. Breaking news for you. A small plane crashed into a highway in georgia. Look at it. This is i285 into cab county, all lanes closed in both directions. Four people were killed. This is a piper pa32 aircraft crashed onto i285 in georgia. Youre looking at live pictures of a tragedy either. All right. Take a look at this. This is the labor Participation Rate in america. 62. 8 percent. That is a generational low. Whats the labor in america . 74 oh, let me repeat this. The labor rate in america 62 in britain 74 . Mary is here. Starting with you. What counts, happened in britain counts here because the left over there got clobbered, and then some, and i think that reflects badly on the america. Yeah. Of course it does, and, by the way, stewart, its not just britain the entire sphere is now run by conservative parties if you think about it, australia britain, and canada. Sure. Now, those numbers that you just put up. Why is that a case . Why are more people working in britain . Because he reformed welfare he cut tax rates and hes allowing businesses to take risks to invest, to grow, to hire. Yeah. Thats right. He did what republicans wanted to do here. Correct. And look at how the markets in london reacted. Exactly. Running on a campaign of tax tax, tax spend spend spend. Go on off to the big bad banks, more regulation voted for the conservatives. Did you know David Axlerod the man who engineered president obamas campaign, he did over to britain and was a close advisor to the socialist. Didnt effable well . By the way, no longer the leader at the party yeah, but isnt that kind of a delicious defeat, he practical committed a political against his brother. Yeah. Hold on a second. I dont know if the audience knows this. Theres two brothers. Thats right. They both wanted to be the leader. Yeah. David and ed. The communist i cant get a word in. Its a big day. Decaf is the answer. Never heard of it. Cameron is now forming a government. Its not a coalition government. No. Hes gone an absolutely majority in the commons. Yeah. Thats a big deal. Its slim but majority. First time since 1997. What do you think of this . Theres going to be a reprimand in 2017, on whether or not the britain stays in the european union,an the zone,. Much like germany who steams like its supporting all of southern europe, the uk does too. It would be bad from the trade point of view, but i do think theres a very nationalistic peeling in the uk right now and i think that could lead for a right into it actually because we have with us mary, who is ideas on immigration are somewhat different from a lot of other peoples. Really . You do not free immigration in and out of britain dont you. Ive never said free immigration. Youre always putting these words in my mouth no, stewart with a had we want to view immigrants theyre not a commodity like oil and gas what do you mean . Were productive. So lets have an immigration system that lets people go out temporarily lets have a immigration system that lets people take on their skills, there are ways to structure this but yeah, okay. The boards so that all these people from other countries came into the uk, which had the very, very loosest benefits system of all the countries. Have you been to a public in the uk . You get served about i a very nice polish girl. Who doesnt speak english who cant has been smiles. Shame on you. No. Oh, my god stewart, when was the last time you were in london . Outroar order something, they just stair at you smile and say yes. Next subject. Growling at you. The wall street journal thats your this is real i think this is huge story. Saudi arabia considering getting a Nuclear Weapon of their own. Yeah. In response to Irans Nuclear program. I think thats just awful news. Well, this is the real news of the iran nuclear deal. Yes, it is. In selling that were going to stop iran for ten years were going to create a nuclearized i would say east. And this as a president said when he took off the goal to last words. Because of the Obama Administration the saudis dont feel they have the guardian of the us behind them, and then youre going to have turkey and egypt also getting Nuclear Weapons too. Its a dangerous situation. Lots of headlines. Were going to get to them. In case you missed it. This friday morning were looking at mcdonalds globals sales because they sell 6 more in april, dont even 2. 3 has a lot to do to fix its imaging get customers back into the restaurants mcdonalds revealed a turn around plan it shares this morning. Are up almost 2 , but so is the overall market. A candy bar maker says it supports the government propose to include added sugars on nutrition labels. What are added sugars . Theyre put during the processing, so theyre not natural, and its the latest company to be Health Cautious and transparent with customers. And despite that, the government will run a deficit for the fiscal year. Huge spending increases on entitlement programs like medicaid. Lauren, thank you very much indeed. Big, busy do a day. Tom brady speaking out after he genuinely knew of the balls, he was asked if the scandal would take away from the patriots super bowl win. Absolutely not. [cheering and applause] because we expender achieved everything we got this year as a team, and im very proud of that and our fans should be too. That doesnt affect the super bowl, they would have won it anyway, and Fox News Contributor joins us on the line. Sir, i am told by just about everybody that tom brady faces serious suspension. Is that the case you see it that way . Well, i dont know. Were going to have to wait for the commissioner and troy vincent to handle that for the nfl. What do you make the call . Im sorry to push you on this, but will you make the call that tom brady did something wrong. No. Im not going to make that call. Im going to leave that to the people who just those judgments, im not the judge and jury and i havent sifted through all the evidence, everybody has an opinion, and they will make their own opinions, but youre asking me to make a judgment, and im not willing to do that. Will you make this judgment that theres intense hostileity as a team, and thats been there wyatt quite a long time. That seems to be quite obvious, and i think, you know, part of it is earned. It was a proven problem and the patriots have been fined and appropriate action has been taken for that, and thats the trail that they have left and probably why theyre in this position now. So yes, if this were the Jacksonville Jaguars or it occurred earlier in the season footballs were heated, thats not against the rules we dont have that commotion going on over that. Caroline wab nobodys bothering the tightens or the banthers. I hear that. Thank you jim we appreciate you being here on a busy day. Thank you. Now this. Saudi arabia if the Obama Administration lets iran get a nuke, theyll have to do the same thing. And they have the money to do it. Its a mideast arms race. Judy miller on that next when cigarette cravings hit, all i can think about is getting relief. Nicorette mini starts to relieve sudden cravings fast. Anytime. Anywhere. I never know when ill need relief. Thats why i choose nicorette mini. Look at this, ladies and gentlemen, friday morning up 261 points, it was a lukewarm jobs report at best, therefore an Interest Rate hike looks very unlikely. Up goes the dow 262. Now this. The wall street journal reporting saudi arabia is going to have a Nuclear Weapon in response to iran. Call this one right here on varney and company. Roll tape. Nuclear run the other countries in the region have a stockpile, and within several years time, youre going to have a middle east, the one place in the world they shouldnt be allowed to play with matches theyre going to have Nuclear Weapons. More on this from Fox News Contributor, judy miller. Welcome to the program. Hi,. This is almost inevitable. If iran has been a Program Everyone else is going to get a program. Look, i think the momentum behind Nuclear Weapons programs in the middle east is a direct result of the lack of confidence in obama. Right. His ability to craft an agreement with the iranians, which is not only going to contain their program but stop it. Right now were talking about an agreement with the it would last between 10 and 15 years. The saudis say hey were going to you say that time to catch up. Theyve already ordered two Nuclear Reactors from south korea and from france this year. Now, they declare that its for a peaceful program and the saudis initially add here to the line that they want a Nuclear Free Middle east, but we can see the way this is going. Theres no confidence in the americans ability to prevent iran from getting a bomb. They dont necessarily have to create their own nuclear program. They have 7250 billion dollars worth of foreign reserves. That kind of money buys you a bomb from pakistan or north korea if youve got that kind of money available. Yes. And thats short notice bomb. Yes. But that was always saudis thinking, but now when the pakistanis this past year said were going to remain neutral in this contest in yemen between the iranians and the saudi world were going to be neutral, the pakistanis sent the sought the ease a messages the saudis received it and said maybe weve got to develop our own independent channel and not rely on buying a bomb from saudi arabia. From pakistan. Sorry. There have been several cometators within five years there will be a Nuclear Incident whether its an explosion a bomb, whatever, its a Nuclear Incident in the middle east. Now, that to me is flight fill that flat out frightening. Its why obama focused on the program. The problem is we havent seen the deal yet. The saudis, the everybody who is mimicking them, they say we have got to have the confidence that iran can be stopped, and right now they dont have it. Everybody says, including the president that iran will keep their industry, the center fuges will keep on spending. Absolutely they will. And they can convert to weapon grames uranium in two or three months. It depends on the agreement. If you do have vehicles that applies to all the suspect facilities, even military facilities, if you have robust inspection do you think theyre going to do that . Well,. Do you think theyre going to agree to this . The tie tolla said no, but joe biden said if its no, then theres no deal. And also pro propel the saudis if the next president is much more strongwilled, a strong leader and reassures the saudis that, look, were on top of this would the saudis back down needs to circumstances. Im not sure they would at this point. You know, saudi arabia also has new leadership. Theyve got much more Aggressive Pro American Leadership but on Something Like this thats a National Security issue it may very well be. I hope that the nuclear jeannie is not out of the bag but i cant be certain at this point. Thank you very much for being here. Thank you. Time is money. We say it all the time. So we bring you three stories very quickly. The man who can 3d print a gun, published the instructions online, the feds went after him and hes on this program. And an app that lets you broadcast whatever you want from anywhere you are. A popular mom blogger tells her sons she doesnt need gifts on mothers day. She just wants their love. Im with her. Shes on the show. 12 45. Its been called the poll intsunami, millions of people suffering spring allergies the green ease are blaming Climate Change. Yes, we will deal with that. Next. But first this. The new York City Police officer brian moore is now underway. Officer moore was shot in the head saturday. He died two bays relevant days later inspect. Now blue Police Uniforms can be seen outside the church. He was 25 the overall market is a big winner and so is this particular stock. Theyre a pesticide maker. Guess what . They rejected a 45 billion dollar take over off they said oh, its too low. We dont want that. Investors love it because they might get a better price. Its up 10 . And the pollen tsunami is upon us and yeah, youre right the greeners are blaming Climate Change. Would you care to tell us what this is all about. Well, look, its spring and theres allergies out there and of course lets blame Climate Change. Research says that we have a double wamy because we have a cold winter, which means that the tree pollen is late and now its over producing pollen to make up for lost time, and the fact that theres more carbon in the air, and it releases more pollen so if you go back to the source. Yeah. The source is an abnormally long cold winter, and thats the result. Thats right. Last year was the pollen vortex again the result of Climate Change. Other research will tell you that the rate of pollen or the amount of pollen in the area, no greater if you go back 40, 50 years, youll see pretty much the same. So not so sure on this one. And i think it was a shortage of rain. Yeah. That had something to do with it. Yeah, the drought in california doesnt help. But that has nothing to do with Climate Change. No. Have we nailed this down. Yeah. I think you can make anything because of Climate Change. Anything. My tie. Just look at it. Not so great. Forced by Climate Change right there. And patriots quarterback hes been labeled a cheater and he responds to that. Will the nfl bench him . What brady has to say for himself coming up next. [cheering] music plays throughout 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 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. Up 251 points, now, theres a good way to start a friday morning. Not even lunchtime. Why is this happening . I have a theory. The mediocre jobs report says rates will not raise next month. Are you in with me on that one . I am. An eagles linebacker in the house. What do you think about the Dow Jones Industrial, what douse . Excited. Well, im always glad with my Financial Advisory when he tells me that are things going up in my favor. Thats a very good i think a round of applause. Lets continue with the broadcast. Look at the price of oil please. Very narrow trading range recently. Weve got up a little bit this morning. 59. 2542. The price is gas up a little bit, not much, but enough to put it at 2. 65 for national average. And, by the way, gas has gone up for 24 straight days. Cheapest gas in america still in the cheapest two plays in virginia. Long way to go. You cant use credit for that one. The business sports story of the year, the nfl says patriots Quarterback Tom Brady was quote generally aware of the deflated balls of the nfc championship game. He held a news confidence yesterday, he sounded unrepented. I cant usually say those things. But i dont have really any reaction jim our owner commented on it yesterday and its only been 30 hours, so i havent had much time to digest it fully but when i do, ill be sure to let you know how i feel about it. Okay. Now come on in, Philadelphia Eagles linebacker thanks for being with us. Of course. Now everybodys down to me, who is down on tom brady but as a complete outsider to football was all he did is what other quarterbacks do, pick the ball, squeeze it, and use the one you like. The thing is that hes arguably the best of all time, so he would know whether or not theres a change, he would know whether or not there was a change to the footballs. The whole world is going milligram down on him. Yeah. Ive heard people saying youve got it suspend this guy for a season or six games or something. Isnt tha

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