Transcripts For FBC Varney Company 20150528 : vimarsana.com

FBC Varney Company May 28, 2015

Roll tape. It was special everyone enjoying the moment. You want to sigh that. Im aware i may not be youngest candidate in this race. But i have one big advantage. Ive been coloring my hair for years. [laughter] [applause] youre not going to see me turn white in the white house. Thursday on Monica Crowley is here. Youve got 20 seconds to respond to that hair joke and i thought that was a southern accent. I cant do this again and humor. Southern accent shes done this repeatedly over last 25 years it is wearing thin her act is wearing think thin so latest Clinton Foundation and the corrupt cash and pay to play allegation it is this kind of thing really does not play well in the campaign trail. It may have worked for her six eight years ago but act is old. Our audience is asking why putting price of crude oil up if were talking about crude . No, no, no price of crude oil right now is 57 dollars a barrel. We just have inventory numbers come out how much oil in storage down about 2. 8 Million Barrels i think according to our banner rooght there down 2. 8 million and the price not that much changed. 57 dollars a barrel. Now on that same note lets get to the exxon story. Lobbying the pope on Climate Change yes they are, and a priest and a nun wanted a Climate Change expert on exxons boards they did not get this. Sort this out. Insist a pat daily lobbying exxon is part of a kat luck Roman Catholic group and chairs in the company. They want them to put a Global Climate tex pert on the board of exxon saying you have to plan for the future, exxon, and it is important that we have someone on the board who is going to look to the future. It got shutdown ceo of exxon literally railing against this particular issue. And saying look weve sent reps to pope and vatican saying you dont need to be getting involved in Climate Change this is not in your interest, an by the way got 21 of the vote in the actual share hold per meeting but went on to say if you can see this quote, here asked about while youre reinvesting your money in renewable answer he anxioused that by saying well we chose not to lose money on purpose. Or o huge and not caving to Climate Change but pushing back. That is start of something. I think that is right. Check that big board thursday lunch time were down modestly above 18,000. Weve been in a very narrow trading range this year. Now look at gopro narrow trading range up 57 government with a new product. It is a camera going to debut later this year. Suitable for use with a oculus rift reality headset. Investors like this up 7 . Abercrombie and fitch expect sales to improve that is up 10 . Now this. The fcc that would be federal Communications Commission is set to propose a near 2 billion plan to offer subsidized Internet Access to low income families. It is an extebs of the free obama program. Israel i government has no business of doing this kind of thing and could could kowsming program and theyll say the need of wifi they need Broadband Access and come together to make sure that they have that privilege or now theyre trying to cast it as a right that they have the right that those more prosperous have this cast the language. Government should not be in the businesses doing this. But left realizes that they have a short wind of opportunity. Opportunity is there anything that if you qualify for government program. Is there anything that you cant get for free, education, medical care, housing, obama phone, food help with your rent, now the internet. Access because they do cast it in terms of a right you as a relatively poor person right, middle lower class, you have a right to this. This is how they cast is nobody on the republican side has the courage to fight back and say no this isnt a reeght. You have to work for this. That was a good rail. Taxpayers pay for it. Now russias president putin he said the United States is medaling in affairs of fifa soccer governing body to take world cup away from russia. Ashley, a lot of interest from the america, because maybe america get the 2022 or 2018 world cup . Maybe, maybe about the 20 or 22 2018 is going to russia what is interesting is the fifa president said who is underfire but refused to resign got endorsement today from guess who, Vladimir Putin. Mannose all about corruption. Yes this is huge were togs big money too late to take it away from russia depends what the investigation finds. But chatter wonts happen. Vladimir putin no fan of his, obviously, but he might have a point here guess who sat on the board to try to get those 20 22 world cups here in the United States . Bill clinton and now we know that fifa donated at least 100,000 to Clinton Foundation may not be wrong here saying that United States is trying to influence this through bill clinton. We had the story yesterday fifa gave the clinton fifa soccer body and government of qatar gave them 5,000 and later another gift between one and 5 million in the Clinton Foundation all from soccer and qatar. So it goes. Fifa might not be wrong that theyre trying to take one more on russia another rail if you leak. Now the irs says that big hack you remember one hundred taxpayer information went out there. That hack originated in russia. Talk about that. Not surprising at all. Russians are well known for carrying out complicated an sphis sophisticated hacks but the fearsome wrecken of the u. S. Government and agency. Were afraid of it. it is a shot across to the United States. It is a symbolic tax because it is only about 100,000 taxpayers bad enough for not minimizing it but this a shot saying we can get into whatever Government Agency if we want. Remarkable number. Just to give you an idea how poorly run the irs is. Order showed some 490 odd refund checks was sent to the same address in lithuania 393 checks sent to same address in singapore. How can that happen . Theres no Computer Program say wait a minute even two check tots same address would be odd. Maybe three. Hundreds that shows you. Google this thing. How many checks are going to each address, google it. You can did it in a fraction of a second. Shows you what irs is all about. But owe them 47 theyre going to shoot me and hunt me down. All right sir we do. Cooperate headlines for you Lauren Lauren has it for you. Incase you missed it. I do good morning everybody. You might be driving an an apple car by end of the decade executive did not confirm the company is making cars but this is what he said, the car is the ultimate mobile device suggesting if to you read between lines it will spend billions building around apple phone. Down 1 share right now. Taco belling and kfc want to deliver to your door. Taco bell is thinking about a great idea delivering to college campuses, thursday, through saturday night hello munchies and kfc thinking about delivering to your doorstep. Owned by young brands share down one and a half percent. Mcdonalds starting with the buns it will toast burger buns five seconds longer to make them 15 degrees warmer. It will also change the way grills the speed so burgers are juicier shares aingt looking juicey right now down 1 . Chain at mcdonalds hopetology make a big difference not sure if it will make a difference. Toasted buns, they have a script this is a good one. You know how we were talking about the cashiers being replaced by computers because they might be losing more money. Cashiers have a script. Theyre going to start this this summer worth three times they go over your order with you. You want a big mac with a coke big mac with a coke heres your big mac with a coke. Might get annoyed like i 208d you i wanted a big mac with a coke. Theyll get it right. Theyll get it right. Serious stuff. Flood waters are continuing to threaten parts of texas. Hundred was families asked to evacuate and told to evacuate their homes more than 20 people are dead. 13 still missing more rain is coming. Parts of texas and oklahoma could get six mother inches of rain this weepgd. We asked the question for those of us and rest of the country how bad is it in texas . When we get an answer from the guy who runs the army corps of engineers in texas and hes next. I remember the music. Ask magic gus and playing that music because were moving starting monday june first were going to 9 eastern three four, hours can you handle it. Fault way till noon. Same great show but just with me, and same time. Lets get on with it three other stories here we go first off senator Elizabeth Juan champion of the left she goes out to wall street and people who met a lot of money in housing boom. Get this she made a lot of money herself. Flipping foreclosures, back in the 1990s full story for you 11 50 check in one a mega yacht as big as a cruise ship who is building and who would buy it . We will tell you 12 22 custom built fish tanks we have two men who built them we have the question how much do they cost . Well tell you in the next hour. Check out the big board down but not that much. 53 points lower, but do take a look at netflix. New lifetime high that was yesterday, 6 39 a slight backing off now at 6 27 on netflix up right now. Deadly flooding in texas days of torrential rain evacuations have started at least 20 people have died since the storm began. Joinings now jerry carter what resource corps. Of engineers jerry for those watching this program that dont live in texas or oklahoma not familiar with how bad this is, give us some understanding of the scope of what is beginning on in texas and oklahoma with flooding. Well we ended last year in a serious drought with about 20 to 30 of normal water. And then as we move through this spring and gotten into may weve received rainfalls in may of about half of our annual total in the single month. That is all running up because the ground is parched so water lands and just runs off and into the river and reservoir that is what is happening . Water sheds are wet here. Good news is that weve local communities in the corps. Of engineers have worked here at Dallas Fort Worth area and weve developed six Flood Control reservoir and two levy systems to provide flood Risk Management for this area. Hold on a seconds. On a second, you said youve got six water are you challenging this flood water into six different reservoirs to conserve it is that what youre doing . It lies along trinity river. There are three, clear and west fork and elm fork and we have reservoir on each of the marming rivers that come into the Dallas Fort Worth area in a large flooding ercht happens we capture that water in those reservoirs. We monitor down stream conditions, and then we release the water from those reservoir when is it is safe to do so into the down stream areas. So those projects it cost about 2 billion to develop this system, and they already prevented 72 billion dollars in damages in the area. Can you give me without those projects there would be serious flooding in Dallas Fort Worth area prop can you gi me some understanding whether or not this is a flood of a lifetime worst in ten years. How bad is this . This flood weve had some very serious flooding and isolated areas arranged around texas. 10 inches of rainfall in about a few hours, and of course that was a very tragic situation down here in the area near Dallas Fort Worth we have high rainfalls a few weeks ago. That resulted in high water rescues overall it is continuous wave after wave so we havent had large events necessarily but that volume of water that is filling up our reservoirs. Jerry this weekend it is forecast that another six inches coming down. Will that create the conditions youre talking about catastrophic conditions . Well we dont anticipate any catastrophic conditions but our projects are becoming quite full so were out monoer toking these projectings. Were 24 7 operations here we partner with the u. S. Geological sure have i and local communities and managing this system. We have remote stations and watching conditions rainfall stream stages down stream, water flowing into the reservoir were monitoring that 24 7. We have a dam safety staff out at the projects watching for signs of stress so were on top of this. Are you on the army corps of engineers in charge of texas at this point . Im Water Resources chief so youre on deck. In general in dallas. Youre on deck this weekend. It is you, youre the man, right . We will be, i will be here this weekend, i will be on duty, my staff will be on duty. We will be watching these reservoirs in these conditions all weekend. Jerry carter thanks so much for joining us we appreciate it. Thank you sir. Up next oh yes another free commercial for gopro turns out theyre no longer a one trick pony but now new products. The stock is up. You probably know xerox as the company thats all about printing. But did you know we also support hospitals using Electronic Health records for more than 30 million patients . Or that our Software Helps over 20 million smartphone users remotely configure email every month . Or how about processing nearly 5 billion in electronic toll payments a year . In fact, todays xerox is working in surprising to help companies simplify the way work gets done and life gets lived. With xerox, youre ready for real business. Usaa makes me feel like im a car buying expert in no time at all. There was no stress. It was in and out. If i buy a car through usaa, i know im getting a fair price. We realized, okay, this not only could be convenient we could save a lot of money. I was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. And it was just easy. Usaa, they just really make sure that youre well taken care of. Usaa car buying service. Powered by truecar. Online and on the usaa app. Yogurt company says he will give away at least half of his wealth estimated at 1. 4 billion. Joining the giving pledge created by Warren Buffett and bill gates in an interview with the ap he plans to devote his efforts to helping refugees around the world. Football is going hightech, Dallas Cowboys people call them americas team. Okay. Now theyre using drones to film their practices from the sky. Football teams have been filming prabts from the ground for decades and review the tapes later. This will be first time that a team will have aerial practice video to review. You know what is going to happen patriots put up a spy drone guarantee it in their drgs nah. Nasty man. A response from the audience here. Look at gopro stock is up 9 it was earlier i think it still is 7 higher. New highdef camera drone and plus a special rig that uses six separate go pro cameras to create a 3d video that can be viewed with a Virtual Reality headset like that oculus rift. Ashley what is going on . Mpg good stuff. Peemg who love gohpro the camera device that will come out later this year. So you know as you repel down the rock face stuart, and hand glide over andys you can capture video that gives you 360 and incorporated into a Virtual Reality world in the headsets like that so when you insert this video you can be in the middle of the vod that youve shot. Very cool indeed. They havent given the price of what this is going to cost but later this year. Companies are going into this Virtual Reality process, now gopro is producing a camera video that will fit it. Exactly right. The quadcopter drone has four on stability. People have gopro cameras live for the drone the the fact that gopro is bringing out its own drone to fit on to there is absolutely perfect. Tharchghts is a gopro drone. Yeah with a camera in this. Enable you to put your camera there and watch coy boys practicing. Not very very long. Statistic . My worry was being seasick im prone to that. Dramomine. Maybe that is not for you. Ill check the price. Charlie exclusive reporting on former Lehman Brothers chief what has he been up to lately according to him it is murky. Up next, the white house strategy on defeating isis. Let the iraqis handle it. The administrations plan coming up next. You are looking at two airplane fuel gauges. Can you spot the difference . No . You cant see that . Alright, lets take a look. The one on the right just used 1 less fuel than the one on the left. Now, to an airline a 1 difference could save enough fuel to power hundreds of flights around the world. Hey, look at that. Pyramids. So you see, two things that are exactly the same have never been more different. Ge software. Get connected. Get insights. Get optimized. Stuart with the dow has recaptured 18,100 down 50 points. The price of oil hovering around 57 a barrel. The price of gasoline hovering around a National Average of 273 and the cheapest gas in america has gone up 1. 98. Highway 80 fuel station will be louisiana. Now this. Former lehman chief makes his first appearance since the banks collapsed in 2008. A lot more to the story. Charlie has the exclusive forest now rightparen new york. What has this been up to charlie . Well, hes been doing a lot of penny stock deals. Today he will give what i believe is its first Public Comment since Lehman Brothers imploded in 2008. Hes had a microcap conference here. That means pennystock spared the keynote speaker at a penny stock conference conference here in midtown manhattan at the Grand Hyatt Hotel at grand central. We have written a long investigative piece on some of its activities and they are mainly in the world of penny stocks. It just shows how far the former ceo of lehman others have fallen in the days of being wall street royalty and fox business. Com. One deal blew up. A lot of peop

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