Transcripts For FBC Varney Company 20161021 : vimarsana.com

FBC Varney Company October 21, 2016

Go. Another standout performance by a big name tech company, microsoft is the stock of the day going straight up. And that will make bill gates worth more than 80 billion. Its another big move by another company, mcdonalds going up three and a half percent moments from now. One last thing, according to real clear politics which averages polls, Hillary Clintons lead over donald trump is narrowing after a media aonslaut. You were not expecting that. Varney company is about to begin. You know, Cardinal Dolan and i have some things in common, for instance, we both run Impressive Properties on fifth avenue. [laughter] of course, his is much more impressive than mine. Thats because i built mine with my own beautifully formed hands. Its great to be here with a thousand wonderful people, or as i call it, a small intimate dinnerith some friends. Or as hillary calls it, her largest crowd of the season. I know hillary met my Campaign Manager and i got the chance to meet the people who are working so hard to get her elected. There they are, the heads of nbc, cnn, cbs, abc, theres the New York Times right over there and the Washington Post. This is such a special event that i took a break from my rigorous nap schedule to be here. And as youve already heard, its a treat for all of you, too. Because usually, i charge a lot for speeches like this. And because this is a friendly dinner for such a great cause, donald, if at any time you dont like what im saying feel free to stand up and shout wrong while im talking. Stuart that was pretty good. That was the Al Smith Dinner, featuring donald trump, Hillary Clinton and Maria Bartiromo flying the flag for fox. Theyre all fixated on the boos that donald trump supposedly got when saying this. Roll it. Here she is tonight in public, pretending not to hate catholi catholics. By the way the times said that trump was facing cascading and uncomfortable jeers from a crowd full of white ties and gowns. They picked on that liz pretty hard to get boos from a room full of priests. [laughter] lets put that out there. Stuart im not sure that they were booing donald trump liz they were booing him. Stuart im not so sure. Maybe they were booing Hillary Clinton for her stance, her campaigns stance for catholics liz he got a number of boos throughout the night. Stuart were you there . Liz i watched the video booing his lines. Stuart were you there . Liz no, i wasnt there. Stuart they were booing hillary. Ashley hilarious. Stuart im on a roll. Ashley you are. Stuart well have a lot more on this as this show progresses. Look at this, we are going to be down at the opening bell. Were going to drop below 18,000, were off and running down this morning. The price of oil, where are we today . Well, oil is down, not that much. I think its down 39 cents. Oil down, stocks down, but theres more to that market selloff than this. Do we have the trumpets, please . I own some microsoft stock, now a lot, but a little. It looks good. Its going to open up a record high after strong numbers, it will be at 60 per share. Strong numbers, ash . Yes, you know, i handled the earnings yesterday afternoon after they came out and i could hear you cheering from across manhattan from your apartment, sir. I knew youd be happy with this. They beat on revenue and profit and that was impressive, but this is a company in transition. Its all about the cloud and putting up in the cloud and services that they provide. Azure, however you want to say it, a cloudbased service they have. Up 116 . So, inveors nted to make sure that microsoft is making the transition and getting a lot of money from it, theyre a far distant second to amazons services, however, theyre in the right direction and the great report and the stock is benefitting from it. Stuart all right, another situation somewhat still, a big american company, going straight up on the opening bell. Mcdonalds, strong numbers, theyll be up 4 roughly. All right, liz, is this about all Day Breakfast . Yes, you cant beat is it really . Liz happy meal of earnings for mcdonalds. And this stock has lost about a 7th of its valley since the record high last may, but improved samestore sales growth. They could add 26 points to the dow. Stuart remember when you poohpoohed that and were going to conveniently forget that. Ashley ah. Stuart were going to get to obamacare, insurance premiums in some areas going up what, better than 50 , yet, president obama was out and about touting the law and not missing an opportunity to slam the g. O. P. Watch this. If youre in some remote areas or in some small towns, it may be that the economics of it just dont work unless the government is providing an option. If the private insurers are competing for business, then you dont have to trigger a public option. This is not a radical idea. This idea is modeled on something the republicans championed under george bush for the Medicare Part d drug benefit program. It was fine when it was their idea. Stuart okay. Kings College Professor is with us this morning. The president says the government should provide an option, the public option. Thats government care by any other name, socialized medicine. Hes absolutely right the economics dont work, in some small remote counties the economics dont work. It doesnt work anywhere thats why a third of the counties in the United States are going to have one insurer competing there, which is not competition at all. He says that the governments going to provide competition with an Insurance Plan. You cant compete with the government. Private plans cant compete with a government plan. The government a and what the government says, we can negotiate with doctors and drive prices way down. That assumes that doctors want to take those lower prices, that theyll be willing to provide care at all, but its taxpayers who end up eating the losses here. The government can keep the prices of their Insurance Plan down by pushes the costs on to taxpayers. Stuart i think the obamacare squeezed the middle class in america like nothing more. When youre talking 50 price increases. Stuart stay there. Remember when president obama said this on 60 minutes. Roll that tape. Did you know about hillarys clintons use of the private email server. No. While she was secretary of state . No. Stuart all right. The latest wikileaks bombshell reveals that president obama did know about her private server. Im going to give you a complicated excerpt from Clinton Campaign, suggest felipe talk to they know potus emailed. Josh knows about that. Standard answer is not to comment or confirm. Basically the president has been economical with the truth, has he not . I would absolutely agree to this. You remember this, i can see russia from my house, right . An impersonation from tina fey for sarah palin. Instead of democrats saying we did lie theyre blaming everything on russia. We saw a coordinated effort from the Obama Campaign and Hillary Campaign to disguise the truth under the guise of president ial privilege. This is problematic on many levels and a long list of lies weve been told about obamacare. Stuart yet, it wont mean a thing. Its complicated and retroactive looking back into the past. Do you think its going to make any difference in the election. The private email server has been problematic for Hillary Clinton and seemingly does not make a difference. Stuart it seems to me theres an element of corruption, i use that word advisedly, in the senior levels of government perhaps the past four, five, six, seven, eight years, am i going too far . No, i dont think you are. This election cycle there was an opportunity to show that, which we did, but at this point people dont care anymore. Stuart its going over their heads and lets move on. They dont care anymore. John, stay there. Russian war ships sighted sailing through the English Channel, between britain and fans, theyre headed to syria. The biggest military offensive since the cold war. Isis moving into the Northern City of kirkuk attracting stations. This as the fight to take mosul intensifies. What were talking about isis has opened a second front. New video from tesla showing off the fully autonomous autopilot feature. This is from inside the autodriven car. No hand on the steering wheel. No hand on the brakes. It drives itself and that selfdrive feature will cost you 8,000 plus the cost of the tesla itself. Look at this, im not sure whether we should show you this, this asalia north koreas most famous chimp. It draws big crowd at the pyong yang zoo because of the pack a day habit. Awful. Ashley because she doesnt inhale, trying to put a positive spin on it. [laughter] british america, bat making a 47 billion offer to buy the rest of reynolds. Reynolds will open much higher today. 56 as opposed to the close of 47. Have we got a show for you. Stay there, please. This man creates software, used by this bank, to protect this customer, who lives here and flies to hong kong, to visit this company that makes smart phones, used by this Vice President , this little kid, oops, and this obstetrician, who works across the street from this man, who creates software. They all have insurance crafted personally for them. Not just coverage, craftsmanship. Not just insured. Chubb insured. This is my retirement. Retiring retired tires. And i never get tired of it. Are you entirely prepared to retire . Plan your never tiring retiring retired tires retirement with e trade. Im in vests and as a vested investor in vests i invest with e trade, where investors can investigate and invest in vests. Or not in vests. Sign up at etrade. Com and get up to six hundred dollars. Ge, okay, lower profit, that stock will be down at the opening bell. You know, you probably own a little bit of ge whether you know it or not. A lot of mutual funds have a piece of ge. It will be down. News from germany, listen to this, fallout from the migrant crisis. A german newspaper says one and a half million germans, many highly educated, have left the country in the past decade. Ashley and according to the newspaper says that that acceleration of migration out of germany has picked up in the face of migrant crime. An epidemic of rapes and sexual assaults and you know, the report goes on to say, look,s you say, one and a half million ghermans headed out. Many of them very highly drivew educated and highly critical of Angela Merkel and moving out. Stuart come on in, the author of book defeating jihad and sebastian, welcome back. Im sure you just heard that statement, the pace of the exodus from germany is picking up. I often hear from people in europe, that places like holland are full up. The domestic population is leaving. Is this kind of common these days . I think we need to ow more. The survey that youre talking about, doesnt ask the individuals who left why theyre leaving, but the numbers, i think, speak for themselves. Remember, germany is the heart of what is called project europe. So if you look at all the institutions, the most important ones, the European Central bank, you look at the biggest economy on the continent, germany is the heart and people are losing faith in what was called the social market model. Stuart i dont want to be blunt, but it seems to me that europe is bitterly divided and the dividing issue is islam. Am i going too far . I think its maybe islam and also, stuart, the concept of national sovereignty. There is a giant divide between the people that work, the people that pay taxes, and the political elite, whether its the National Elite or whether its the brussels and straussberg European Union elite and theres a giant chasm between the two. I think that brexit, for example, maureen la pens figures for the next years election indicate that, you know, the trump phenomena isnt a uniquely american phenomena. Stuart could maureen la pen win in france next year . That would be turn around. Thats europe dead and gone in my opinion. Sebastian, i need your comment on the second front that isis seems to have been going off in iraq. Theyre going after kirkuk, is that a second front, do you think . I think its directly related to the assault that began in mosul. This is a nation thats completely divided. Isis isnt just based in mosul, they haveheadquarters in raqqa, they controlled or did in northern syria. Its like squeezing a balloon, stuart. When they have pressure from iraqi forces backed up by americans, backed up by kurds and shia militia, youll see more of this. Remember, this is not like the gulf war in 1991. This is going to be street by street, house by house, and it will get ugly. Stuart all right. Sebastian, thanks as always for joining us, sebastian. See you later. Thank you, stuart. Stuart congressman Chris Collins on cnn. The moment he brings up wikileaks, the satellite cuts out. Is that a coincidence . Believe me, folks, we will not cut him off. Hes our guest later this hour. Now the two faces of Hillary Clinton are coming out, fact through wikileaks that she says one thing and when youre close to the people you love, does psoriasis ever get in the way of a touching moment . If you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with ltz. Taltz is proven to give you a chance at completely clear skin. 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Got a few laughs at the dinner last night in new york city. We will have that of course coming up and now this. Lets get back to the president. Still trying to defend his health care plan, obamacare. Watch this. So whats the problem . Why is there still such a fuss . Well, part of the problem is the fact that a democratic president named barack obama passed the law. Stuart well, the senior contributor to red alert politics, the law is unpopular only because its president barack obama who pushed for me . It sounds to me like hes doing some race baiting, im a black president and this is my name. Do you really think that a racial thats what i heard, stuart. Thats literally what i just heard. Stuart what you heard into his voice. That was my interpretation of it, im black in real life. You know, so, i think it really brings about the point that the real reason that president obama has been working hard to have Hillary Clinton elected. Hes trying to protect his legacy that obamacare is working. And it isnt working, premiums are going up 50 in places like minnesota and in my home state of illinois, 40 to 50 . This is become very unaffordable. Stuart youve got to expect the man to defend his legacy. Thats the signal proposal, the big deal and its going haywire. He wants the next person to come in and attempt to fix it by spending billions more, which is inappropriate. Were at a zeke emanuel was on with maria, and extraordinary. Breaking news, twitter and amazon have apparently been the target of an online attack. Some users reporti those sites are down. Were on the story, obviously, weve got more at the opening bell, which is about three moments away. That could be a big story. Back momentarily. You can run an errand. music playing push it real good. announcer vo or you can take a joyride. Bye bye, errands, we sing out loud here. Siriusxm. Road happy. We ship everything you atcan imagine. N, and everything we ship has something in common. Whether its expedited overnight. Or shipped around the globe,. Its handled by od employees who know that delivering freight. Means delivering promises. Od. Helping the world keep promises. announcer vo you can sit in traffic. Or you can crack up. man on radio but if it isnt refreshing. announcer vo sorry traffic, we laugh til it hurts. Siriusxm. Road happy. Ive got to give you more on what is a breaking and developing story. Twitter, amazon, tumbler, a lot of people cant get onto those sites. Liz, this is, for amazon east coast clouds . Amazon runs a number of websites for other companies in Cloud Services and seeing errors trying to get into the site. And knocked off line by twitter as well. Knocked off line. Its a junk data dump and its a common crime in the cyber wor

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