Transcripts For FBC Varney Company 20160929 : vimarsana.com

Transcripts For FBC Varney Company 20160929

Europe, germans biggest brought to to mes by american authorities either way we will be affected, welcome to the world of Systemic Risk its back. Opec a deal to get oil prices up will they stick to it jury out oil prize down a faction today. And, of course, Varney Company is all over the election the story this morning number one, media, more apoplectic attacks on donald trump number two, liberate barrierian gary johnson another aleppo moment, three trump goes into attack mode follow hillarys money that crooked woman he says. Just wait till you see what amazon is doing you are watching it now, i have been around a long time, you dont every see anything like that Varney Company is about to begin. Stuart get out of the way from getgo slightly other opening for stocks today, Economic Growth is still well below 2 , that was news this morning, oil consider this please. The saudis opec agreed to production cut, just as 9 11 victims get right to sue saudis a coincidence . We are on it oil down 7 cents, now the astonishing amazon, set to open pretty close to another record high. Ashley here we talk about it every day, and we do what is driving the latest amazon rally. Constant growth and expansion, looking for new ways to generate revenue, and it does, and this is a stock up 267 in the past five years. Taking huge chunks, and continues to innovate, this is a stock that no stopping the company, for the longest time catalyzed for spending way too much money not generating revenue, now it is doing that, but also spreading into all sorts of areas we talk about it daily, and by all accounts most analysts say this stock could very well hit 1,000 dollars we will see doubled in the last 16 months, what else you got to add. 400 billion dollars market cap about fifth largest in the world it is a crashing into all sorts of areas, now possibly auto markets Beauty Products digital photo printing astonishing, a bookseller two years ago. A bookseller that is what it did look at it now lets go, donald trump, right after the debate he goes right on to attack, three speeches yesterday, there will be two more today, his advisories are telling him hey look you got to practice more, for the next debate. Will he lessen. A ceo advisor to the Trump Campaign you are telling him i presume, hey you lost the first debate. No. Stuart b, you got to practice for the second one. No, not telling himmet of those things. Stuart why not. He is the first debate American People saw scripted candidate tried to lie her way out about tpp. Stuart countless opportunities, and you know it. Look at polling this will fit right into the trajectory of this race donald trump winning, ohio,pennsylvania, florida, we are going up and up and up all those states this will fit into that trajectory, and be able to continue it i am very confident into town hall. Of course, you are campaign team. I am really worried about it watch out. I have been on this program you said your brave you said you are overlypositive look where i am now he is our nominee to victory positivity. I think you got work to do work to do that in a second debate a different format like a town hall questions from audience i think in prime, because he relates very well to audience that is what he is going to have to do. She does it she had scripted little joke like a robot out there. Turning to it other side. We are he will do great in town hall in last debate about 3 innings in two innings in out of nine, baseball, and you are going to talk about this, follow the money, look at Hillary Clinton look at 1 hundred Million Dollars received from wall street in this cycle alone 22 million stuart he has said really nasty things, about women, called them very nasty names, being about labeled sexist how does he come back from that. Strategy. Look at his Campaign Manager Kellyanne Conway wonderful so impressive, look at his family, she is promoted through the his career some woman wander positive smear him look what he has done throughout career actions speak loudly. Stuart i think you have to come out of the box real strong is he racist no, he is not, sexist no, he is not. Again, his actions trajectory his business, relationships business experience show that you know what else american women dont care about a beauty panelent from 1990s they care about National Security having food on the table they care about jobs, that is what they care about. That is what we want to be talking not distractions clinton is trying to push out there. Sunday october st. Louis you going bab there. Yep. You are under arch everything. Okay. We will see the you before then, thank you appreciate it. Stuart Bernie Sanders, yesterday, joined Hillary Rodham clinton on the campaign trail, she joined him im not sure which way in vermont a major problem courting young people their solution is well watch for yourself he they double down on free college watch this. Now, some people will say our critics will say well you know good idea making public Colleges Universities tuition free but it is expensive, cost a lot of money the truth is it is an expensive proposal. But i will tell you what is even more expensive and that is doing nothing. We must invest in our young people, and the future of this country. Stuart i do apologize not vermont very close it was New Hampshire colin hill with us a former bernie supporter, i am going to say that was pure buying of young peoples votes are you going to contradict me. Yes, they attempted to not going to work look when we supported Bernie Sanders the first go around, it wasnt to support a good that is not what we wanted to elect that is exactly what he is being he is cau towing to Hillary Clinton the democratic establishment do whatever it takes to vans his own career apparently i am wondering at this point what did she promise him, to get him on the same stage. Guess what do you think. On in. Stuart you guess. I am not going to speculate something there is. Stay out of this this is by now. Look donald trump spoke about bernie during the rally of his own this is in iowa listen to this. Bernie sanders could have gone down in record books as being a great, great man. But when he made that deal it was over. Now he goes and he has crowds 100 people. Nobody wants to watch him nobody wants to listen not that they dislike him, but he doesnt draw anybody he doesnt draw anybody. And it is a whole different things, had he not made that deal he would he have been legendary. What do you see us do people selloff Bernie Sanders feel betrayed by him i saw it in philadelphia Dnc Convention i saw people crying, because this is this is an emotional thing for them they believed that he was their last best hope and here he is, capitulate to go most entitled corrupt destructive candidate for the president United States ever. Stuart are you saying all those tens of thousands if not marine layers of young people who flocked to Bernie Sanders vigorously supported him you are saying most will not flock to Hillary Clinton and support her is that what you are saying. There is no question, not just millennial voters are not going to supporter Hillary Clinton it is entire Obama Coalition they are going to stay home if they do, there is no way she can win in november. Are you are you for trump or just i really antihillary. No, i am for trump. Positively. Absolutely i came of age during obamanomics we remember good times, the stagnant growth, you know median house thold income flatter down depending how ask 1 first half of this year, i mean we need to grow our way out of this offering free stuff isnt going to fix the economy long term. You learned a lot on Varney Company you really do i am proud of you i really am harlan hill everyone thank you, sir. . I know, great. Could be grandson. No, no. Check this one out congressman Sheila Jacksonlee Democratic Texas wore Hillary Clinton pin during house judiciary hearing featuring fbi director comey during hearing accused republicans for slilg for trump what do we say so that. This is the judiciary. [laughter] company. This is oversight this is Judiciary Academy oversight fbi Law Enforcement the courts to be wearing this i know rules say dont really cover pins but she is asking questions, about Hillary Clintons private email scandfitch bi how they hammed it tough house trying to move to holding in contempt Brian Pagliano that vote in a couple days. Interesting see what he does all kinds of stuff for you on the Program Including this. Tim tebow former nfl quarterback now on the Minor League Team first pro baseball game of his career steps to the plate, look at that hits a home run, on the first pitch thrown, way to go tim tebow not bad way to start would i say more fallout from wells fargo phony account scandal california banning them from handling transactions for the state john stumpfing riegz right now hearing begins 50 minutes time california ban on doing business with wells fargo will last for at least 12 months. The banks chief john stumpf you see him there arriving for his grilling, part two you are going to see it going to be atri outrage from all sides one congressman asking questions today will be with us next. As a combination of see products. And customers. Every ontime arrival is backed by thousands of od employees,. Who make sure the millions of products we ship arrive without damages. Because od employees treat customer service. Like our most important delivery. Od. Helping the world keep promises. You didnt tell customers you were sorry . That have right to be intellectualitied. Have you returned one nickel of millions of dollars that you were paid while this scam was going on. 1 of a big part of your business is over fraud but that doesnt rise to your level. Have you resigned as ceo or chairman of wells fargo. Do you promise to pay back every single extra dollar these people are going to incur next 0 years. I have been on this committee nearly 10 years now, you have done something that is never happened in the last 10 years, in united the committee on major topic not in a good way. Those were some fireworks at wells fargo hearing last week, we are going to expect more same 45 minutes from now, congressman republican will be in that room, and will be asking questions. Congressman, now john stumpf already lost the 41 millions taken off it there are umpteen lawsuits, going after wells fargo. And wells fargo has lost the the business of california for at least a year. What more do you want . Well, first of all you are playing clips on senate plan was that a rough hearing, mr. Stumpf did not go great job we want to know what did wells fargo know when did they know it information goes back to 2011, when 1,000 Bank Employees were fired for fraudulently activity, that means the story goes well before 2011 we want to to know how wells fargo has taken care of customers, again, about 22 to 25 dollars per individual per account defraud wasnt huge amount wells fargo stealing money from their employees. We want are you going to call for him to resign. Listen, stuart things happen in business, the question becomes, what does the Leadership Team do to change the culture in the business, to make sure you turn this corner, and are now a good Corporate Citizen and good to your customers. Would you but wait a second would you consider putting some regulators on stand where were they dont we have onerous regulation of banks bankers looking over shoulders a regulator looking at what they are doing when were they. Next part of it what were regulators doing starting with l. A. Times no regulator with l. A. City attorney Prosecutors Office where was it is cfp. D. , opc are in to be found o when they tarted to investigate with wells fargo, after that, then wells fargo selfreported to the cfpb the bureau have come on said we are greatest agency protecting consumers bottom line they came in when this case was over, this was done, at the put a bow on it in a package said were great fined him for the purpose millions the regulators absent through process. Congressman we got to go breaking news but we will see the you the top of the hour, you are on that committee we will be watching thanks very much that breaking news, we have a commuter train crash in new jersey. Ashley i think it was in hoboken. Ashley yeah train strayings new Jersey Transit train crashing into terminal with force at least one train some pictures one car on train is actually sitting on the platform suggests it came in very fast rate of notches they say reports injuries possibly mass casualties from somon scene, obviously, about rail service in and out of station has been suspended for now, but Emergency Services getting in there trying to aassess the damage get those injured people who were on the train tweeting out i feel lucky to be alive no idea on extent of injuri injuries. Stuart i dont know whether i should say this or not my daughter takes train into hoboken every morning, a little earlier than this, but forgive me take a break during commercial find out what is going on. Understandable rush hour. We will show pictures when ready for air to markets price of oil this morning i believe down a couple cents may be up a couple cents there you go, 47 bucks a barrel as of now mcdonalds raising the dividend not much 6 raise stock will be dead flat. How about this one samsung, first it was exploding smartphones okay . Now they are problems with replacement phones, and got another problem too. With washing machines we are on it, attorney general Loretta Lynch now being mentioned as a possible Supreme Court pointe if Hillary Clinton is elected. How about that. We will try to explain. And we tried to show you on this show in new jersey a deer revenge on a driver who clipped it by accident. Car stopped driver opens door deer starts to attack took kick in the chest to get deer out of the whoa. Video. We will be back. A tough. Im jamie foxx for verizon. In the nations largest independent study by rootmetrics, again, verizon is the number one network. Hi, im jamie foxx for sprint. And im jamie foxx for tmobile. both and were just as good. Really . Only verizon was ranked number one nationally in data, reliability, text and call and speed. Yeah. And youre gonna fist pump to that . Get out of my sight. announcer vo unlimited isnt a good deal if its on a cutrate network. Switch now and get our best deal. 20 gigs and four lines for only 160. All on americas best network. Stuart well, how about this, unofficial short list of Hillary Clintons ppick to fill Supreme Court vacancy out name on it you will recognize here it is attorney general Loretta Lynch. Harlan hill still here i want your reaction now. Yeah. You know, it is clear that the clintons are bragging with this they are saying hey look what we got away with. And you know what . They are right bill clinton met with Loretta Lynch on the tarmac clear that they talked about something more than just their grandchildren, because Hillary Clinton was above and beyond the law with this investigation, Loretta Lynch you know i cannot believe she has to denounce this this really damages her long term i think. Lets remember, as you said it was on the tarmac in the phoenix airport, that bill clinton arrived in his jet and held a meeting with Loretta Lynch, Loretta Lynch was that moment investigating or in charge of the investigation of bill clintons wife Hillary Clinton. That is a direct conflict of interest nobody with any experience in law should ever have gone anywhere near that meeting but she did. Absolutely, the appearance of im propriety their bragging saying look at what we got away with we dont care if you know harlan hill fired up fired up, doesnt like Hillary Clinton. Deposit onlied works if fate in theism americans dont have faith clirnz giving American People every reason not to have faith. Good start thank you very much look at samazon was 789 last technique now 829, 830 this time last year, it was four 486 that stock is taken off watch it go, the opening bell, moments from now. Stuart before the opening bell i want to show you this. A commuter train crash in new jersey. These pictures just coming in to us. There are reports of multiple injuries. I do want to take a brief moment to say my daughter is okay. She had arrived at work in the city before this train accident occurred. Well have a lot more on this coming up. Bingo, it is 9 30 eastern time. That opening bell, well it has rung. [opening bell rings] were starting to trade on this thursday morning. Earlier today, latest reading on growth, 4. 1 on annualized basis. We opened down is. Most of the dow 30, most of them in the red. Price of oil, it was up 5 yesterday. Up big time, a little bit higher this morning. Opec agreed to a production cut. Can they actually come through with i

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