Transcripts For FBC Varney Company 20160406 : vimarsana.com

Transcripts For FBC Varney Company 20160406

Sum it up, a contested convention for the republicans now very likely. The democrats go far left, they are sharply divided. What a day. The frontrunners lose, seven months to the election, still no certain as to who the two parties will nominate and Varney Company is about to begin. Let me be perfectly clear, i think Richard Nixon said that, make it perfectly clear, there is no relationship between the election and the market. Today looks like the dow is on track to end its losing streak, maybe, but look at pfizer, officially killing the allergan deal. Score one for the tax man. Pfizer will stay in the u. S. And continue paying the worlds highest Corporate Tax rate. How about oil driller baker hughes. The Justice Department is preparing to file a lawsuit to block the merger with halliburton. More on the government there. And baker hughes up a fraction. How about this the price of crude oil, russia is okay with 45 to 50 a barrel oil if and when theres a production freeze. Speculation about an output freeze good enough for an extra 84 cents per barrel. I want to show you this, this is a this is interest rate, a key barometer, the 10year yield all the way down to 1. 7 . That indicates a very slow and troubling world economy. All right, thats the markets. Now lets get to politics, shall we . Wisconsin voted last night, senator ted cruz and Bernie Sanders got big wins. Roll tape. As a result of the people of wisconsin defying the media, defying the pundits, im more and more convinced that our campaign is going to earn the 1237 delegates needed to win the republican nomination. A lot of these super delegates are going to be looking around them and there are going to be saying, which candidate has the momentum . At the convention in cleveland, together we will win a majority of the delegates. Do not tell secretary clinton. Shes getting a little nervous and i dont want her to go more nervous. Hillary, get ready, here we co come. Stuart all right, a big day, big show, look who we have for you. Fiscal times columnist liz peek. Jeff dewitt, media Center President bret bozell and ashley welcome back. To you first, big loss to hillary. She has the support of the media how come she lost by 13 points. Here is the problem with Hillary Clinton. The saw it in 2008, you saw it on the book tour. The more you saw her, the less you like her. And she started this campaign nasty guy. Its true. She didnt show her face until she was eating at chipotles and that kind of thing. She has to campaign because of bernie. Its troubled times for her. Theyre omission, not covering the scandals. Its her personality thats hurting her. Stuart Donald Trumplost to ted cruz by 13 points last night. Immediately his campaign lashed out and here is part of the state. Ted cruz is worse than a puppet, he is a trojan horse used by the party bosses, attempting to steal the nomination from mr. Trump. Jeff is with us, trump kind of guy. Hes blaming the establishment, but you know, his wounds in wisconsin were selfinflicted, werent they . Well no, i mean, even the people that are antiestablishment, but for ted cruz got the willies last night when they saw ted cruz thanking the likes of jeb bush and Lindsey Graham and the support he has from mitt romney now. Ted cruz is now the establishment candidate. Stuart wait a minute, repeat that, you think that ted cruz is now the establishment candidate. Absolutely. Stuart and really, theyre just rallying around him, right . Thats the party bosss way to take down donald trump is to rally around ted cruz. Stuart i say following up on that, theres no way around a brokered convention in cleveland. No way around it. On the projections that we had, we didnt have any delegates coming from wisconsin. And our projections, we can get there and not have a brokered convention, 1292. Stuart a new poll from pennsylvania, trump is leading. Ashley he is. This is a likely g. O. P. Likely vote voters, 39 , cruz at 30 . And 4 margin of error. Stuart the next big primary though, thats new york, thats a big test. Its under two weeks. Liz, you know Bernie Sanders could win, couldnt he . Its possible. Hillary clinton used to have a 20 point lead now down to 10 and apparently shrinking fast. The question will be black turnout. This is a state that has a High Percentage of black voters and hillary is doing everything she can, shes visiting black churches and schmoozing with black leaders to get that up. Otherwise, Bernie Sanders who only gets a third of black voters could take the state. Stuart Bernie Sanders has raised more money than hillary in the each of the last three amazing. Stuart the gap between hillary and bernie is closing in new york. Absolutely is. Its closing nationally, too. You know, winning six he has momentum. Winning six contests in a row. I went out at the top of the show and said hillary is rattled. Am i a bit strong saying that hillary is rattled . I kind of think she is and shes basically jeff dewitt is nodding. Stuart come on, she is rattled. Shes saying, here we go again. Listen to what Hillary Clinton told politico. Hes a relatively referring to bernie, hes a relatively new democrat. In fact, im not even sure he is one. Who cares . I mean, the voters dont care about party affiliations. Stuart i wouldnt call that a harsh attack, quite frankly. A stupid attack. That might help him, actually. I just find it curious you have a democrat running as a republican and a socialist running as a democrat. Stuart it is intriguing, isnt it . Thats why were so interested in this election. Big win for ted cruz, point that out. 13 points up in wisconsin. Brent, youve endorsed ted cruz. The media in wisconsin all for ted cruz, the media in wisconsin made a difference. I think it did. It wasnt what trump did with the heidi cruz pictures, its how he doubled down on it and then acted like a third grader, he started it first. I think he handled it very, very poorly. All he needed, all his Campaign Manager need to do was call that girl and say, sorry, didnt mean to pump into it you, sorry, but what the public said this man is incapable of apologizing for anything. Didnt like it. Stuart jeff. You know, one thing not reported about that, the campaign reached out to her many, many, many times and she didnt take the call. So dont think that that call hasnt been attempted. Stuart selfinflicted wounds did him in. Ive said it before. I think wisconsin was the. Pr storm. As you pointed out shall the entire media was against him, they have the government and establishment rallied around him and thats the place to make a stand. Thats not going to continue as we move to the northeast. Stuart in eight minutesweve dealt with Hillary Clinton, donald trump, Bernie Sanders, liz, you have say that the republicans want a moderate candidate, could that be john kasich . No, not john kasich. A lot of republicans are looking for a brokered convention and hope somebody comes in. I personally find paul ryan a much more acceptable candidate than ted cruz and donald trump, it will be a blood bath. Ashley the polls havekasich beating Hillary Clinton handily. Thats true, but hes failed to inspire anybody. Its not going to be kasich, if it goes to a brokered convention, its because of him. Theres going to be anybody other than kasich. Stuart i think its going to be trump or cruz. It will be madness to have some third party, not necessarily john kasich, anybody else. Trying to stop cruz and stop trump at the convention, both of them will walk. Stuart ill give the last word to you. You ever youre a trump guy and kasich finished . Kasich was finished a long time ago, its bizarre hes in the race. He should be long gone. The one thing, the magic number of 1237, thats a floor not a ceiling. Even if lets say donald trump gets to 1220, just short. He could win on the first ballot because thats the floor, but still the other unbo to vote for him. Keep in mind thats still going to play as we go into the convention. Stuart i think that was a pretty good start to the show. The allstar cast and shifts, its incredible. Stuart thank you, everybody. This is my way of moving on to something totally different. Thats different. Thats a giant alligator found in florida almost 15 feet long. Ashley oh, my goodness. Stuart a couple of farmers found it in a cattle pond, eating the life stocks. It could be the largest gator found in floridas history. Its a dinosaur. A john deere tractor had to pick it up. Next, obamas legacy with africanamericans, our next guest is a staunch liberal and he says the president did not come through on his promises. This weeks btv spotlight features parnell pharmaceuticals, parn on nasdaq. Parnell is focused on delivering Innovative Solutions to unmetanimal health needs in the 70 billion dollar pet market. We have core competences in Drug Discovery and development, regulatory filings, we have our own fda approved manufacturing facility and we have a significant commercial presence in 14 countries. Zydax is our lead compound that weve been marketing in australia zydax affectively regenerates cartilage and can literally save lives. We had one of our sales executives tell us a story of seeing a dog in a clinic that just four weeks earlier had been brought in to be euthanized. The pet parents had to carry the dog in, it couldnt even walk. After just four injections of zydax the dog was bouncing around in the clinic. We will soon launch that drug in the United States and also europe. Parnell pharmaceuticals, parn on nasdaq. For the full interview go online. A new foundation for growth and prosperity that will put opportunity within the reach of not just africanamericans, but all americans, all americans. Of every race, of every creed, from every region of the country, we want everybody to participate in the American Dream. Stuart that was an inspiring speech. It was president obama in 2009. Fast forward to today and our next guest says things did not work out, black folks actually lost ground under president obama. Joining us is tavis smiley, pbs host and author of 50 for the future lessons down the road. Nice to have you on the show. An honor to be here. Stuart i say what youre missing here is economic growth. President obama went for fairness, spread it around. If hed gone for economic growth, everybody would have been better off. Where am i going wrong . Im not sure youre necessarily wrong about that. I think the historians are going to debate whether he should have started with economics first or health care policy. Thats a debate for years to come. The point of the book i wrote, we did a version a decade ago, we found the past ten years black people lost ground in every Major Economic category and every major category black folks. And there is his loyal constituency didnt get that and that saddens me. Stuart because of the basic obama policy, all government all the time. Private end prize will be tightly regulated and teach people taxed more and you run up the debt ap didnt work for anyone except the super rich. The rich get richer and poor get poorer. The gap between the rich and us expands. I like what Bernie Sanders is saying and respectfully why i disagree with you. We havent focused on poverty and economic immobility so the rich and lucky continue to do better. We talk about triple down, as the rich do better, a rising tide will lift all boats. That theory doesnt hold. Stuart it does. Economic growth raises everybodys boat. If you have and everybodys shot at moving up the food chain. You and i are very alike, we both come from humble backgrounds, come to america and succeed. America doesnt work without strong economic growth. Im all for growth and also for fundamental fairness. A rising tide lifts all boat. If youre in a dinky much less diddling around in the world then youre really in trouble. Stuart and hearing an american use the word dingy. You have to have something to rise up in. Furthermore, if the tide comes up too fast then you get taken under anyway. So the notion of a rising tide lifts all boat could some black folks vote for donald trump . Every election some black folk vote mitt romney had percent. I thought donald trump went youre entitled to it, ive called him before and call him again a racial arsonist, hes setting fires. I think hes unrepentent. Well see if it disciplines himself enough. I dont think that fortune and game fixes the flaws. Donald trump has been seen and hear what the American People have to say. Stuart i want to get to your book, ten seconds. [laughter] its sharely about the American Dream which we both share. Am i going to get something out of this if i read it . You absolutely will, you and everybody else. Its a book thats a good gift for College Graduates and High School Graduates right now. And a gift for those who are stuck, whose dreams and aspirations are unreallized. Stuart we were stuck in our 20s, werent we . Both of us, you know who got me out of a mess. Who did . Ronald reagan, gave me a tax break. You know who put me in a mess . Ronald. [laughter] hopefully the book will inspire people and lift people to make about eter choices and better lives. I want people to get the most. Stuart great to see you on the show. If youre not careful, youll be invited back. Thank you. Thank you, stuart, my pleasure. Stuart Hillary Clinton appearing on the view, the hosts proceeded to fawn all over her. Thats not an exaggeration. I dont understand why people do not like her, neither does hillary. Just watch this for a second. I know you and i find you so warm and lovely. The Standard Campaign line im sick of it. There are people out there who have this idea that youre not trustworthy, that they dont like you for some reason. What difference at this point does it make . [bassist] two late nights in tucson. Blew an amp. But good nights. Sure,musics why we do this,but its still our business. We spend days booking gigs, then weve gotta put in the miles to get there. But its not without its perks. Like seeing our album sales go through the roof enough to finally start paying megs little brother i mean,our new tour managerwith real,actual money. We run on quickbooks. Thats how we own it. From icy ocean waters. To your wildckitchen counter. Mon. When you cook with incredible ingredients. You make incredible meals. Get your first two meals free at blueapron. Com cook. This is the only way to put it. It was an allout Hillary Clinton love fest on the view. Listen. I know you and i find you so warm and lovely and well, yet, there are people out there who have this idea that youre not trustworthy, that they dont like you for some reason. Why is that about in your opinion . You know, joy, obviously ive thought a lot about it, people say shes serious, shes reserved, i dont really like her, i dont understand that, ive been pretty much the same person my entire life. Stuart can you say softball . Liz peak is with us, wanted to comment on this, i was surprised. No, i wasnt, no, i wasnt surprised. It was just so extreme. I think the question is was that a pep talk or commiseration . Im not sure. Stuart good one. What an incredibly dopey comment, for any literal american to wonder why Hillary Clinton is considered untrustworthy . Give me a break. Lets start with, i dont know, where, Monica Lewinsky and end up with benghazi, in between there are a lot of data points. Hillary clinton is not warm in public. She doesnt have that touch when shes working the road. Ashley we were saying, everything she does has been calculated. It is like a computer processor for her brain thinking, this is going to appeal to that focus group. By the time something comes out, its so structured and unbelievable, she is viewed as inauthentic. As of this morning, i think shes vulnerable to Bernie Sanders in new york in the primary april 19th, there is vulnerability there, theres a week and a half to go, a long time to repair your fences. I agree thats why shes left wisconsin and has been in new york. New yo new yorkers barely remember Hillary Clinton the senator. I dont think that the fact that she represented this state plays very much. Stuart thanks very much, liz. Were going to stay with hillary, shes got a big problem, several, actually, that would be voters underage 45. Some ugly numbers coming up on that and on the markets, investors really, theyre ignoring the election. Stay right there, youre about to watch the opening of trading the day after trump lost big and a socialist, Bernie Sanders, won ig. Openi opening bell is next. Stuart 10 seconds should be opening held this wednesday morning. We are in a flat ever so slightly lower open. We are now opened precisely 9 30 p. M. Where are we going . Of two, up five. Pretty flat. Joining us this morning, ashley webster, welcome back. Lets make him a busier. All of us together. I want to start with politics. This question for everybody. I dont think theres any impact on the market this morning we saw last night is gone then. Ui rightparen Hillary Clinton will be the next president , more of the same. Whatever that means for you as a voter, we are in a period of stuart they couldnt care less. No impact. None. Stuart and the impact of any kind for an election last night . Absolutely not. No big surprises and hasnt changed anything in the goal. Trim to the barents people put kasich on the front cover. Jack cannot does with that. Not just because you cant because you can submit their peer stuart you said is the best of the gop but he cant win. Of the plaintiffs win, forget about trump. True to be absolutely cannot win. Hes hoping to be the golden boy that appears when all else fails i may turn to him. Lets not pretend the convention is a democracy with our constitution. Hes been assured to a contested convention. You wont get a majority of the votes in the first half

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