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Credibility with Your Recruiter
In order to catch the eye of a prospective recruiter or career coach, demonstrate these credential-building assets.
By Dean Tracy
With the job market becoming saturated with quality candidates, it's time for you to start getting creative in your quest to engage in your next professional opportunity. Give some thought to engaging the services of a recruiter or career coach.
In developing your brand and proper messaging, there are five valuable discussion points to consider when meeting with a recruiter or coach:
1. Professional integrity
One way to demonstrate your professional integrity is to make sure that you leave a company in great standing. This shows that you are accountable for your performance at your former company and relationships with your previous colleagues.
In completing reference checks on candidates, I have had prospective employers ask for references from people in the most recent applicable employer, which may include your former boss; peers; subordinates; and in some cases, the clients. Have a complete understanding of what your references will say about you, and make sure that they are ready to start taking calls.
2. Showcasing capacity
One of my favorite things to do when screening candidates is to determine if they have the appropriate skill set to become flexible and scalable. Candidates often need to be ready for expansive growth with the prospective employer. That said, I often ask the candidate to explain the difference between having depth and having capacity to be successful in the company; rarely do they have the right answer.
Depth is coming into a role with a solid background and necessary knowledge to do the job. Capacity is demonstrating the skills and proper knowledgebase to assume the role but also possessing the skills to take on more as the job grows.
As you look around, you may know people that are very content having the depth to do the job. The ones that get promoted are usually those who demonstrate the capacity to take on more responsibility.
3. Claims versus evidence
As the candidate, you must be able to demonstrate examples of your performance as solid evidence in the body of your resume. In other words, you can talk about the success that you may have had in your previous role, but it has a much higher perceived value when it becomes a statement on your resume.
Nearly every task in every job affects revenue, systems or people. This is the evidentiary and supporting data that is vital to understanding the effect you have had in your previous role. Your resume should not look like a job description. It must contain quantifiable results, especially if you were in a sales role.
4. Communication skills
Lack of conversation reflects lack of interest. A solid candidate should have exceptional communication skills on several levels. It's important to be able to carry on with typical small talk because many relationships are established this way, but you must also be a person that the company can count on to deliver executive-level presentations to internal and external clients and customers. Recruiters will gauge your level of comfort with communication.
5. Financial benefits to the company
Among other things, remember that the hiring manager really cares about the financial aspect of the candidate's contribution to the company. Regardless of the role that is being filled, there are usually two important considerations that must be reviewed in screening the right candidate for the role: Revenue and Timing.
Revenue – Based on the background of the candidate and the role that will be filled in the company, the hiring manager must be able to determine or anticipate how much revenue you will generate as the candidate of choice.
Timing – The hiring manager then needs to understand how quickly this candidate can begin to generate revenue for the company. The return on investment will vary based on the role being filled, but this is vital to determine that the candidate is of long-term value to the company.
As you embark on your professional journey, and establish relationships with your recruiter or career coach, I am confident that these five points will prove instrumental in your search strategies towards success!
Go get' em!
Dean Tracy is a professional recruiter, public speaker and career coach based in Northern California with an emphasis on placing and coaching professionals at a national level. He is the founder of the National Leadership & Career Management Advisory Group and also serves on the Leadership Team for Job Connections, which is recognized as one of Northern California's largest and most reputable professional networking groups.


text: tsunami Tsunami Warning Sirens: Effective Or Obsolete? By Tom Banse • Oct 16, 2015 Listen Listening... / Tsunami warning sirens wailed up and down the Washington coast Thursday. Students, businesses and medical workers drilled for an earthquake and tsunami as part of an annual event called "The Great Shakeout." Tsunami Vertical Evacuation Adds Twist To Earthquake Drill On Northwest Coast By Tom Banse • Oct 15, 2015 Listen Listening... / More than 1.5 million Northwesterners signed up to take part in this year's "Great ShakeOut" on Thursday morning. While "drop, cover and hold" is part of the annual earthquake safety drill everywhere, some coastal schools and offices followed up with tsunami evacuation practice. Oregon Updates Its Post-Disaster Playbook By Chris Lehman • Sep 15, 2015 Listen Listening... / The state of Oregon has updated its master plan for what to do in case of a major earthquake and tsunami. One Million Pounds Of Tsunami Debris Arrives By Barge In Seattle By Ken Christensen • Aug 7, 2015 DVIDSHUB / Flickr Listen Listening... / 0:56 The tsunami that struck Japan four years ago sent about five million tons of debris into the Pacific Ocean. On Friday, workers started unloading one million pounds of that debris that arrived by barge in south Seattle. Oregon Lawmakers Hear Testimony On Tsunami Preparedness By Chris Lehman • Apr 7, 2015 Listen Listening... / Oregon lawmakers are turning their attention to earthquake and tsunami preparedness. New School On Washington Coast To Provide Tsunami Refuge By Tom Banse • Jan 16, 2015 Tom Banse / Northwest News Network Up and down the West Coast there are beach towns where it would be challenging to escape a tsunami. That's because high ground is out of reach assuming the roads are buckled or jammed after a great earthquake. Now one low-lying Washington coastal town in that predicament is doing something about it. More Japanese Tsunami Debris Will Wash Up This Winter On Northwest Shores, Scientists Predict By Jes Burns • Dec 9, 2014 Oregon State University Listen Listening... / 1:05 Winter storms off the Oregon and Washington coastlines are expected to bring a new wave of debris from the 2011 tsunami in Japan. Scientists say objects are already washing ashore – with potentially invasive organisms riding along. 5K Run/Walk In Cannon Beach Injects Fun Into Tsunami Readiness By Tom Banse • Sep 29, 2014 Tom Banse / Northwest News Network Listen Listening... / 4:15 People along the Oregon Coast ran for their lives Sunday to escape an imaginary tsunami. Local, state and federal emergency management agencies hatched the idea for a 5K fun run and walk along an actual tsunami evacuation route in Cannon Beach. The event was an example of trying to inject some levity in the serious business of disaster readiness. Richland-Built Technology To Treat Radioactive Water In Japan By Anna King • Jun 9, 2014 Anna King / Northwest News Network Japan's crippled nuclear plant is bleeding hazardous radioactive water at a mind-staggering rate. Officials at Fukushima Daiich are filling 27-feet-tall tanks nearly every other day. Now, in southeast Washington, a company called Kurion is developing and building a mobile filter system to help deal with that troublesome radioactive wastewater. The filtering system looks like five large shipping containers. Except, they're awfully shiny and have a lot of high-tech whiz-bang pipes, electronics and tanks inside. Workers here are still welding, and testing the systems. Yet Another Derelict Skiff Likely From Japanese Tsunami Washes Ashore By Tom Banse • May 30, 2014 Washington Marine Debris Task Force Listen Listening... / 0:59 The wave of derelict boats drifting ashore more than three years after the devastating earthquake and tsunami in Japan continues. The latest arrival is a fiberglass skiff coated with sea life found today at Horsfall Beach near Coos Bay. Pages1 2 3 4 5 6 next › last »

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Rotterdam's lead over Antwerp as Europe's largest container port continues to narrow.
Dockworker arrests are only the latest intrigue at South America's busiest container port.
DP World expects its modest growth in the first half of the year to speed up.
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The Joseph Women's Lizzie Animal Crepe Dress in midnight blue boasts a shift style, and features a monochrome animal print, sheer shoulder seams and rib knit detail on the cuffs and neckline. With a crepe-effect finish and a silk underside, this long-sleeved mini dress will make a statement. - L.M.
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Due to a reporting error, Tuesday's Business Spotlight article on the new king salmon limits erroneously stated the annual limit for non-residents. The current limit for non-residents is two king salmon a year.
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Hiddink had been the front-runner for several months to take over from Louis van Gaal after the World Cup in Brazil and told reporters details of his two-year contract long before the Dutch football association's (KNVB) formal announcement on Friday.
However, the KNVB did surprise many by also naming Blind as Hiddink's successor after Euro 2016 in France, handing the former international defender an extra two-year contract till the 2018 World Cup.
Blind, who is an assistant coach at Ajax Amsterdam, and former striker Ruud van Nistelrooy, who recently joined the staff of PSV Eindhoven, will serve as Hiddink's assistants.
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Thanks for stopping by Hearts Set Free. Please take a look around our growing set of resources of Kraft Deep Healing featuring Dr. Charles Kraft.
Charles H. Kraft, PhD., is Professor Emeritus of Anthropology and Intercultural Communication at Fuller School of Intercultural Studies (formerly School of World Mission) in Pasadena, CA.
October 29, 2015 / Judy Taber / Comment / Uncategorized
We are in Austin TX this weekend, Oct. 30-31 for our Defeating Dark Angels Conference. Nov. 2-4 we will present our Two Hours to Freedom Workshop training hosted by Luke 4:18 Ministries. (contact Judy directly for info on Workshop Training: firstname.lastname@example.com) It is an exciting time to be a Christian and have an opportunity to…[Read More...]
May 13, 2015 / Judy Taber / Comment / Uncategorized
Greetings, We would like to share some information that has been given us on behalf of Julie, Jason and their family. If you have been to one of our seminars/workshop trainings or have purchased some of our resources you have had an opportunity to be blessed by observing the dvd of Julie's ministry session. Julie…[Read More...]
April 3, 2015 / Lee Humerian / Comment / Uncategorized
You are invited to the following event: TWO HOURS TO FREEDOM WITH DR CHARLES KRAFT Event to be held at the following time, date, and location: Saturday, May 2, 2015 from 9:00 AM to 5:00 PM (EDT) Asbury Theological Seminary 204 North Lexington Avenue Wilmore, KY 40390 View Map Attend Event …[Read More...]
April 2, 2015 / Judy Taber / Comment / Blog, Deliverance, Events, Inner-Healing
From Jeff Rodgers / Wellsprings Prayer Center, Lexington KY I have some very exciting news to share! Dr. Charles Kraft is coming to Wilmore on May 2, 2015! Last year, a small group of us from Wellspring, went out to Pasadena, CA to spend a few days in ministry and training with Dr. Kraft. It…[Read More...]
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It is so exciting to hear testimonies of what God is doing in and through those who have attended our 3 day intensive workshop training on 2 Hours to Freedom/Deep Healing. The majority of those who have completed our training are actually doing the stuff Jesus has called us to do. If you feel God…[Read More...]


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Borderlands 2 Captain Scarlett DLC due October 16
Borderlands 2's first major DLC expansion has been confirmed after it was outed by achievements earlier in the week.
As reported previously, the DLC is called Captain Scarlett and Her Pirate's Booty. It's due on October 16 and will set you back the regional equivalent of $10 or 800 Microsoft Points, depending on platform – although those with a Season Pass won't need to pony up any extra.
There's little new to share regarding the DLC, as between the trophies added with Gaige the Mechromancer and a full script leak, you've probably heard it all already; out heroes travel to Oasis, a desert environment populated by bandits, under the rule of the titular Scarlett.
Despite the arid conditions, it's all suitably piratical; players zoom about in hoverships. Here's a couple of images:
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Tee bilkul thik kahe rahi hai jagya kii reponsibility Anandi ko sirf ghar pahunchaane ki nahi hai. jo usne shravan ke ghar dekha woh halwa-puri i baatein, gulli ki woh chitthi, woh aadmi ka pichha karna, anandi kis haal mein paayi gayi woh sab kuchh batana jagya ki jimmedari hai aur jagya ko to woh morf kiye hue photograph ke liye pata hi hoga shahar mein jo raheta hai.sirf anandi ko haveli ke darwaaje tak chhod ne se uska kaam pura nahi ho jaata use yeh pata tha ki anandi nirdosh hai phir woh anandi ki nirdoshta saabit kyun nahi karta?
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Mirch aur masal kaise lagega aur serial lamba kaise khichega agar sab kuchh proper ho jayega..
Are yaar cvs ke baare mein toh socho na...
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Y the second wife came back in Jagyas Life??
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The show will air its last episode on 31st July.
Shashank's entry is a little delayed on the show, but the man is keen ...
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Search Type: Posts; User: smartlit
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26 Aug 2010 5:21 AM
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- 1,453
Thank you! I'm going to try your code!
26 Aug 2010 1:12 AM
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- 3
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- 1,453
I'm interested too. Any reply?
Is there an event when a connection is aborted?
25 Aug 2010 3:30 AM
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- 0
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- 1,473
Is there a way to know is there is an ajax pending call?
I have found this Ext.lib.Ajax.isCallInProgress(transId) but it requires a transId to know if the specified call is still in...
6 Apr 2010 7:54 AM
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- 37
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- 20,602
Congratulations for this excellent component!!
I also noticed the progress-bar bug under IE7. Did someone solve this issue?
Thank you!! :)
25 Mar 2010 7:38 AM
Does anyone have a working example under Ext 2.3 (or even 3.x)? Currently I'm using Ext 2.3 but I cannot make the STOP button work. When I STOP an upload, actually it is not stopped (I can see the...
12 Feb 2010 9:06 AM
Thanks for your suggestion. Is there a way to fix it without editing the extjs-all-debug.js? I don't want to edit Ext files, but keep fixes in my file.
25 Jan 2010 9:55 AM
Jump to post Thread: Ajax Uploader in .NET by smartlit
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- 867
I need to create an application very similar to http://filetree.extjs.eu. However it should run on Windows 2003/2008 and it will have a .NET backend. The sample http://filetree.extjs.eu...
5 Oct 2009 6:14 AM
Yes, that may be the issue. If needed, I can also post a screenshot of the problem. Is there any way to solve it?
5 Oct 2009 5:09 AM
The calendar control does not work with Chrome 4, only with Chrome 3. I found this issue using Ext 2.3, but since I can also replicate it in your sample...
25 Sep 2009 12:35 AM
Thank you very much. When you solve it for 3.0, I think it will be automatically solved also for 2.3.
25 Sep 2009 12:18 AM
It also seems that version "3.0 final" has this problem (only the "3.0 RC1" did not have the problem).
25 Sep 2009 12:16 AM
form.dom.target is an empty string, so it returns false. It's an empty string because it's overwritten by the following code (buf.target is empty):
form.target = buf.target;
as soon as the...
24 Sep 2009 8:09 AM
jsakalos: the above post by fraric is quite difficult to understand, but it simply means that under Ext 2.3 the STOP function in your component stopped working. It was working in Ext 2.2.1, but it...
22 Sep 2009 10:33 AM
I've lost my password for SVN access, I've contacted firstname.lastname@example.com but I'm still waiting for a reply. As soon as I have the password, I'll check the SVN. Do you think you will release a patch,...
21 Sep 2009 12:27 PM
Yes please. But I'd also like to know if I can solve it myself, without waiting for the fix.
21 Sep 2009 8:53 AM
I've started upgrading our application (rather big) from Ext 2.2 to Ext 2.3. Unfortunately I cannot upgrade to 3.0 because it will take much more time, and it's planned next year.
2 Jul 2009 5:03 AM
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- 1,970
yes, I tried with 2.2.1 and the problem persists. minWidth does not work in FF. You can try in your sample too: just change from:
var menu = new Ext.menu.Menu({
1 Jul 2009 4:58 AM
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- 3
- Views
- 1,970
In version 2.2 it seems that the minWidth property of a menu does not work in FireFox. If I set
minWidth: 500
in IE it works, in FF it does not work.
Is it a bug? How can I solve...
30 Jun 2009 7:28 AM
Ok, I tried, however if I give it a fixed width to the root node and the subnodes are wider, I see that the highlight for the root node is fixed (e.g. 100px), while the highlights for subnodes are...
30 Jun 2009 7:17 AM
Thanks. I hope someone can move this to the Bugs section, and solve it in the latest 2.2x
29 Jun 2009 7:09 AM
However I'm using Ext 2.2x and I see the problem. So it would be great if the bug can be fixed for 2.2x too.
29 Jun 2009 6:02 AM
I'm using Chrome and I have a problem with your HTML Editor. Go to http://extjs.com/deploy/dev/examples/form/dynamic.html (using Chrome) and in the HTML Editor select some text and try to make...
15 Jun 2009 2:16 AM
Yes, I'll try that, but if I fix it it will always have that width, even when I open new subnodes (instead, when I open new subnodes, the width may be greater than the width of the control, and this...
15 Jun 2009 12:52 AM
Thanks, but it does not solve 100% the issue. I applied it and it seems to highlight the current node; if the width of the highlight is greater than the width of the control, it works; if instead the...
10 Jun 2009 12:10 AM
- Replies
- 6
- Views
- 1,596
Thanks for your note. The error is different, although similar, however I'm not using JQuery, but Ext itself. It would be great to have a reply from one of the support team.
Also I noted that the...
Results 1 to 25 of 101


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MUNICH (AP) " Diplomats agreed Friday to work toward a temporary "cessation of hostilities" in Syria's civil war within a week, although efforts to secure a lasting cease-fire fell short.
SEOUL, South Korea (AP) " Among the losers in the retaliatory sparring between the rival Koreas are residents who had been depending on a rarity in impoverished North Korea: a steady supply of water from the now-shuttered joint factory park in the...
It's non-stop action with Tom Cruise! �Enjoy a free movie, �'Mission Impossible Rogue Nation' (2015) starting promptly at 6:30 on Tuesday, 2/23/16. � The running time is 131 minutes. � This film is rated PG-13 (for sequences of violence and brief...
The tiny Atwood's Tavern in Cambridge hosted an exceptional double-bill of America's most singular songwriters Thursday night, as The Westies and Ike Reilly each played hour-long sets of their superb material. What both acts have in common, besides...
BERLIN (AP) " European scientists say they have stopped sending commands to the Philae space probe, which became the first to touch down on a comet more than a year ago.
LOS ANGELES (AP) " President Barack Obama is granting national monument status to nearly 1.8 million acres of scenic Southern California desert, a move the White House says will maintain in perpetuity the region's fragile ecosystem and natural...
GENEVA (AP) " The World Health Organization says possible Zika vaccines are at least 18 months away from large-scale trials.
A bill headed for President Barack Obama this week includes a provision that would ban U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in...
LANSING, Mich. (AP) " Rick Snyder's standing as one of the GOP's most accomplished governors has taken a beating in the crisis over lead-contaminated water in Flint, Michigan. Democrats, especially those running for president, have pointed to his...
ROME (AP) " Pope Francis has begun a seven-day trip that will take him first to Havana, Cuba, then to Mexico.
KAMPALA, Uganda (AP) " South Sudan's president has appointed his rival, rebel leader Riek Machar, as first vice president in a possible government of national unity, a presidential spokesman said Friday.
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This paper presents new approaches for certain mechanical characterizations, such as thermal and vibration analyses, of switched reluctance motors (SRMs). The paper presents, in three parts, the modeling and simulation procedure for three-dimensional (3-D) finite-element analysis (FEA)-based flow analysis, flow-analysis-based thermal analysis, and a realistic vibration analysis. Section I documents a computational fluid dynamics (CFD) flow analysis procedure for the evaluation of the air velocity distribution inside the SRM at any speed. Section II presents a prediction method for steady-state and transient thermal characteristics of an SRM, using 3-D FEA. The convection coefficient at various heat-dissipating surfaces inside SRM, which is not a material property, but a quantity that solely depends on the air velocity at the respective surfaces, is the major parameter to be evaluated for an accurate simulation of heat distribution. The results of CFD analysis are used, for the first time on SRM, for this purpose. Windage loss calculation, one of the other applications of CFD, is introduced. Vibration in electric motors is an inevitable, at the same time undesirable, property that originates from four major sources: mechanical, magnetic, applied loads and, to a smaller extent, the associated electronic devices. Section III presents: 1) a thorough numerical study of vibration analysis in SRMs, using 3-D FEA methodology, covering all the above vibration sources except the electronics; 2) a 3-D modal analysis of SRMs including stator and rotor structures, shaft, end shields, bearings, and housing; 3) an unbalanced rotor dynamics analysis; 4) associated harmonic analysis; and 5) a stress analysis under various loading conditions. The 3-D vibration analyses presented in this paper to examine the vibration in SRM as a whole are new additions to SRM vibration analysis. Section IV concludes the paper. Future work in every section is highlighted.
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Here's Another Video of the Brief Destiny's Child Reunion
Thanks, Kelly Rowland.By Greg Cwik
Thanks, Kelly Rowland.By Greg Cwik
Beyoncé, Pharrell, Dakota Johnson, and more.By The Cut
A vision amid the drizzle.By Erica Schwiegershausen
Doesn't matter where you're going — to brunch, on a Tinder date, to a work meeting — the onesie will be appropriate attireBy Jessica Silvester
All of your favorite artists are here to save the music-streaming business ... for themselves.By Dee Lockett
Not-so-poor Michelle.By E. Alex Jung
In the long-shelved A Star Is Born remake.By Dee Lockett
Just one.By Allison P. Davis
On B'Day, her sophomore solo album.By Sean Fitz-Gerald
The "wet-hair look," in eight easy steps.By Kathleen Hou
According to Jay Pharoah.By Nate Jones
Tuesday release dates are dead.By Dee Lockett
Featuring Emma Stone, Beyoncé, Jared Leto, and more!By Nate Jones
Including turtlenecks, trousers, and more than one sheer backside.By Erica Schwiegershausen
Almost as star-studded as the Oscars themselves.By Véronique Hyland
"If I were Beck, I'd have handed Kanye the award and a dictionary and said, 'Have a look at the word artistry and see if it applies to Beyoncé.'"By Lane Brown
Including "Fingertips," "Jammin,'" and "Higher Ground."By Sean Fitz-Gerald
"Followers get you jobs and jobs get you followers, that's how it works."By Kathleen Hou
Beyoncé, Nori, Anna, RiRi, Biebs, Jay Z, and some clothes we want to wear.By Véronique Hyland
"Single Loser (Put a Beck on It)."By Dee Lockett


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City Hall Memo; Council Full Of Neophytes Gets Off To Slow Start
By DIANE CARDWELL
Published: August 22, 2002
This was the year that a huge class of newcomers would bring a fresh sense of activism and urgency to the City Council, furiously passing laws and creating a true partnership with the mayor.
Things have not quite worked out that way. Despite its high spirits and a constant flood of proposals, this City Council is on track to be the least prolific in more than a decade. Caught up in assembling its own bureaucracy from scratch and wringing budget restorations out of the Bloomberg administration, the Council has moved much more slowly than its predecessors in putting new laws on the books.
Perhaps more important, the body has yet to see to fruition the major pieces of legislation its leaders deemed priorities since the start of the term in January -- initiatives like a measure to guarantee workers a so-called living wage, or ones that aim to protect New Yorkers from predatory lending and the dangers of lead paint.
In their signal policy achievement, passing a budget that closed a projected deficit of more than $5 billion, they were shut down by the administration of Mayor Michael R. Bloomberg in key areas, like raising certain taxes and preserving the recycling of glass and plastic. And just this week, Mr. Bloomberg vetoed a measure the Council did pass swiftly, a revision of the term limits law. The bill is likely to pop up again soon, for the Council's expected override vote.
A slower start-up, experts say, is all but inevitable given several factors, including the highly unusual circumstances created by Sept. 11. Foremost is the practical reality of bringing in 38 newcomers out of 51 members. The council members spent considerable time on the basics: setting up offices, learning the rules of procedure, hiring staff and arranging the institution's hierarchy.
At the same time, they streamlined legislative accounting practices to group several ceremonial acts like renaming traffic medians and street corners into a single bill rather than a multitude of individual ones.
Finally, there is the Paul Masson factor: fine laws take time. A major policy catalyst like the ambitious crime-fighting program called Safe City, Safe Streets, which precipitated the city's drop in crime, took an entire year, according to the former speaker, Peter F. Vallone. ''So it depends on the law,'' he said.
Still, there is a sense, even among the members, that the Council has been sidetracked by many of the activities it is often mocked for, like passing resolutions that have no binding authority, or focusing on issues that do not directly affect the lives of most citizens. To wit: Speaker Gifford Miller recently took nearly a dozen council members on a trip to Israel, while another delegation plans to travel to Zimbabwe next week.
''I feel very frustrated that we haven't been able to accomplish more on substantive issues,'' said Tony Avella, a Queens councilman. ''In my opinion, there has just been too much discussion on a lot of the resolutions that do not directly relate to something that we have control over, or that have an impact on the operation of the city or even the state.''
In a normal year, the Council passes 75 to 100 new laws that regulate personal behavior, rewrite social policy or rejigger how agencies function. Depending on the year, two or three dozen could be street-name changes, and the total number of acts has sometimes dipped at the start of a new administration.
In its first year, the Giuliani-Vallone administration created 51 laws, for example. Fifteen of them were street changes, but that Council put 31 other new laws on the books by this time in the year, according to Council records. The first year of the Dinkins administration yielded 84 new laws; 32 of them were before August, none of them name-changes.
This year, the Council is responsible for 22 new laws, one of which, under the new procedures, renames 13 public spaces. A few came over from the mayor and simply rechristened city agencies.
The rest have been a mix of budget actions and Council initiatives, including new regulations aimed at streamlining municipal contracting procedures, a measure guaranteeing civil rights protections for transgendered people, a rule that agencies furnish low-income New Yorkers with information about public health insurance programs and a law that lets newsstand vendors charge higher prices for certain items.
For his part, Mr. Miller said he was pleased with the Council's progress. ''In the past, people would say, you know, 47 percent of the Council's legislative agenda was street name changes, so we just put it into one law,'' he said. ''While now we've passed fewer laws, a much higher percentage of our laws are not street name changes.''
But experts say lower productivity this year is all but inevitable. ''They're a very new body, not just new in the sense of people coming to the government, but also new to politics,'' said Joseph P. Viteritti, a professor of public policy at New York University. ''That's what we said we wanted, was a body that's less political.'' Term limits, he continued, ''does upset the stability of entrenched interests, but if we want to flush out the system every couple of years and get a new group, then you get a new group.''


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9:20 am
imus: mendy bayda, and we're coming up on the fox business network and time for stuart varney and "varney & company" and we'll continue on the radio 10:00 eastern. and the number to call 1-888-284-imus, 4 of-- 4687 spelled out. and "varney & company" is next. here is my friend, lyle lovett, an old chuck berry song, "brown eyed handsome man". ♪ ♪
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>> the scandals unfold. they get worse. now comes the financial impact. good morning, everyone, here is your tuesday morning
wrap-up. the top people at the irs knew about targeting conservatives a year ago and extended way beyond the cincinnati office. the white house says it didn't know. eric holder, justice department, secretly tapped the phone line, personal lines, cell phones included and the white house says it didn't know. the financial impact. the president's agenda of tax, spend and obamacare will be affected by these scandals and he must play defense with the hearings on investigations that are looming. his political clout takes a hit. "varney & company" about to begin. i'm so glad you called. thank you. we're not in london, are we? no. why? apparently my debit card is. what? i know. don't worry, we have cancelled your old card. great. thank you. in addition to us monitoring your accounts
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for unusual activity, you could also set up free account alerts. okay. [ female announcer ] at wells fargo we're working around the clock to help protect your money and financial information. here's your temporary card. welcome back. how was london? [ female announcer ] when people talk, great things happen. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it.
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>> all right. good morning, we're going to start with the irs, targeting conservatives during the the election. let's go back a ways to 2009 to a commencement speech that the
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president gave back then and joked about the irs, to audit arizona state university. listen to the president. >> it won't happen again. president crowe and the board of regents will soon learn about being audited by the irs. stuart: okay, it was a joke, but maybe the irs took him seriously. and last night, the president flew to new york city holding a fundraiser at harvey weinstein. maybe a million bucks plus raised. at the fundraiser, the president said it's the republicans who are being hyperpartisan and blocking his agenda. and the white house completely disavowed secret phone tapping by the ap and justice. and when the president--
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and called what happened in benghazi, a side show. none of this looks good for his administration and agenda. that's the running theme on "varney & company" today,
at the white house, president
's agenda of the tax and spend looks a lot tougher of a sell. surely, this will affect your money shall the markets and the economy. oh, by the way, watch out, here comes tesla again. ♪ [ femalannouncer ] from more efficient payments. ♪ to more efficient pick-ups. ♪ wireless is limitless.
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>> i've got to correct something, a moment ago i misspoke. the justice department collected secretly the records of a lot of phone lines used by ap journalist, i'm looking at a dead flat opening and i'm going first to chicago and here is tr tres. the white house cannot be good for the agenda? >> one of the reasons this market is looking up and seeing some economic recovery is because we've got gridlock in w apart from the sequester, discussion, a few months ago, you're not seeing a lot of hope and change coming out of d.c. that's exactly what the business community wants. as long as you've got gridlock and not changes, you're talking
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about the most powerful economic machine in the history of mankind with the u.s. economy. if you give them a level playing field you've got to be friendly. >> liberate the economy of the world by doing nothing in washington. >> please, please. >> oh, please. >> all right, the dow is beginning to ring its opening bell. as we said. we're looking for pretty much of a dead flat opening. we'retarting out from the 15,090 level and opened with a two point loss. there we go, no real movement thus far today. i want to bring in david is with us, ace economy watcher, same questions i've asked of tr tres knippa. i think they will have a
, what say you. >> i agree he with tres. you slow the agenda of change and you let the markets work. this is a wounded president now, and the duck will get lame over these scandals. stuart: good thing for the economy, make a judgment? >> yeah, because the
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interference would delay the recovery and we're going to slow it down and it's getting more robu robust. >> we're at 15,100 the dow gaining a little ground in the early going. is the big stock maybe the month, week, year. and tesla, today i believe it's above 90. is it the new apple a stock that goes up every single day until it doesn't? nicole, where did we open on tesla? >> let's take it down a notch. however, 96 bucks? i mean, are we talking about tesla here or what? >> 63%, this month of may alone, and now, like a god, and involved with solar city. now, solar city is running and we saw tesla with the first quarterly profit ever and that obviously is one of the many reasons we're seeing tesla on the run.
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near perfect score from consumer reports and the model x and here you go. now you've got 96 for tesla. stuart: you can't help compare until april, it goes straight up, it will it doesn't. the dow is opening up dead flat. and david is still with us, previously on this program, you said the stocks were cheap. okay? the dow is at 15,000, and tesla is going through the roof and are stocks still cheap? >> as long as the federal reserve keeps interest rates slow low, low, low, low, stocks go higher, assets go higher, real estate goes higher, asset classes have an interest rate near zero. >> a lot of economists we're seeing is raising the forecast for the growth of the economy. you're on board with that? >> i'm on board with the slow and gradually accelerating brat rate of growth. >> we do better and better, but
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slowly, stuart. i don't think it pops, it's not a robust spike. >> it's not a reagan recovery, you get 6% in a year, what do you think, maybe 3% next year? >> we could get to 3% next year and there's nothing wrong with the slow growth gradual acceleration, we don't have much inflation, it allows for covering the labor market. >> the obviously question, interest rates don't stay down unless ben keeps on printing and the market pays no attention to a 3% growth rate? >> ben keeps on printing, he's got janet yellen, bill dudley and half of them voting with them. as long as president
is in office, that's where we are. recovery of rising interest rates, fast rising interest rates, not yet, not for a while. stuart: now, you're going to europe later this week, i think? >> milan tonight. and we've got a global
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independence center conference. >> you're speaking with fed people? >> prosser and rosen grant are keynoting. stuart: do you know what they're going to say. are they going to say, whether we like it or not, of ben keeps printing? >> and charles plosser is on the hawk side and he gave a speech in stockholm saying we've got to unline, stop it and slow down. he's in the minority. the majority doesn't want to stop. >> that's what you've got to watch. as long as he's got a majority, we keep printing. >> go, ben, go. >> travel safely. we'd like to see that. >> thanks, nice to see you. >> now, i've got coming up at 10:00 eastern, i've got two developments from california, the unions are trying to block the koch brothers from buying the l.a. times, to the barricades, boys, you can hear them saying it. you will not believe what the unions are saying about that potential takeover of that liberal bastion, the l.a. times.
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here is the second story from the formerly golden state, governor brown. there will be a budget surplus billions in the black. question, did tax the rich work in california. the dow is up 11 points now, okay? still pretty flat with a slight upward bias and no doubt the market was listening to david right there. and ripping the department of justice for secretly obtaining two month's worth of personal and work related phone records from the ap. here is the question, with their own under attack, how is the establishment media covering the story. media research center founder brent bozell joins us on the phone. have they stopped their unquestioning support of the president because of this issue, because they are under attack? >> a different way of looking at the world when the deal-- i've just been chuckling at this one because you know, there have
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been four years of overreach by in administration, four years of people not involved in journalism saying this was the administration that was drunk on power and evasive and dishonest and the media would have nothing of it, but bam, we just found out, they turned on the press as well. and suddenly they're apoplectic. stuart: well, i notice in the the times today there's an editorial which says, i quote, a bumbling response on talking points, that's about the benghazi
. so, and they call the president bumbling, i mean, there is hope yet. isn't there? >> it's what's happening, stuart and i think it's reached the point of things being indefensible, when the president states, as he did yesterday, repeatedly, that once again states that he did in fact call benghazi an act of terrorism, when in fact, he did no such
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thing and therefore, for the umpteenth time has lied about this to the american people. look on september 20th, eight days after benghazi he was asked point blank if it was a terrorist attack, he said he didn't know yet. so, when he does that over and over again, even the president are scratching their heads and the irs, an official says it's a low level person in cincinnati, when we know it's in washington. stuart: i'm almost out of time. do you know of any instance where the establishment media has used the word lie? have anybody in the establishment media said the president lied about benghazi or anything else? >> no, but we do hear that nbc says that it's a second year curse, and he's a victim. stuart: okay, one last one, i've only got 30 seconds. what would be the case if this was the bush administration doing all of these things. >> unequivocally nancy pelosi would be preparing articles of
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impeachment, unquestionably. stuart: thank you for taking that time out for a busy, busy day. >> thanks. stuart: back to nicole, blackberry headline, the new phone will hit the u.s. in early june. any response on the stock price? >> the stock was up 1 1/2% and traded as high as $16.14 a share and has since pulled back and actually moved into negative territory, but, we are getting the headlines that in early june you'll be able to get the q-10 and the ceo talked to you about the fact that the launch is a successful year for them and is on solid ground and talked that the q-5 device, for emerging markets and this will be in multiple colors, also available this summer so they have a slew of products they're rolling out in the next several months. >> it's at 15 and staying there at this moment. thank you. the dow is up 25 points now, let's move on to 7 early movers this tuesday morning, better than expected profit at the game maker, that would be take 2
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interactive and the market likes that, that stock is up 4%. higher profits at boeing's rival, euro pe-- and boeing right on the cusp. $95 a share ann mcdonald's introducing new quarter pounders to replace the angus third after pounder and mcdonald's at right at $100 a share. don't forget microsoft, i own that, $33 a share today. retirement here i come. and u.s. appeals court says that nintendo can keep importing the popular wii system into the united states and no movement for the stock. disappointing results for the solar panel installer, that's solar city. down 5%. to the big board, we're up. 15,115. time is money, and 30 seconds worth of what else we've got for you, three obamacare headlines
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actually coming up in the next hour, number one are the irs will be obamacare watch dog, hoping that you will-- that you-- hitting you with a tax for not having health insurance. does the current irs
put the law in jeopardy? >> very good question. number two, wait until you hear what nancy pelosi is saying about obamacare now. does the constitution say that health insurance is a right? number three, senator john barrasso responds to the headlines from the irs and how that will affect obamacare. 10:45 this morning and one more obamacare headline next, health premiums are about to skyrocket. how much are they going to go up and what is going to be done about it? we'll deal with it next. (announcer) scottrade knowour clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading.
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>> this is a very, very modest
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gain, 22 points higher, but we're at 15,100 right there. new reports from the house, energy, and commerce committee reveal that obamacare, the affordable care act. not so affordable at all. premiums could rise anywhere from 100 to 400%. now, this is for individuals. millions of people who buy their own insurance personally. congressman mike burgess, part of the committee that released that report. congressman, i believe that you're a medical doctor, ob-gyn. can you tell me on what basis the health insurance premiums are going up so much? >> thank you for having me on. trying to get information on department of health and human services on what was going to happen with rates was a lost cause. they weren't replying to us, so we went to the industry themselves and said being looks being how are you preparing next year, and after a series of letters, they graciously replied and it's redacted to company, but available on the energy and
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commerce website, and 100 increases in the individual market and when the small karen acted these were individuals supposed to be helped by the law and the president says if you like what you have you can keep it, but he should have added you're going to have to pay up. stuart: people can't afford that increase, at least a doubling in what they have to pay if they're buying the stuff individually. they won't be able to buy it they'll be kicked into the public system, medicaid or go to the exchanges which are heavily subsidized which means for expense for the taxpayer? >> and of course, that's the administration's counterpart to this, that oh, you're not taking into account the generous subsidies available to people who are 400% of the poverty level. when has a massive infusion of federal dollars actually brought prices down. did it happen in students loans? did it happen in the housing
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market? it's not the going to happen in this market either and costs are going to continue to go up. the only person who is, in fact, benefitted by this that i can see, would be the secretary of department health and human services because she holds enormous power not only of the medicare and medicaid part of the health care space, but also the private insurers as well for the first time they're now regulated by the federal government. >> now, the president is embroiled in at least three scandals at this point and i believe he's losing political momentum and short on political cash amount. do you think it's a serious enough situation for the president to have an effect on obamacare, that it might hold it up, or in some way, unravel it, do you think? >> well, this has been my thesis for several months. the federal hub shall the federal exchange computer piece ready for october 1st he, i don't think they can do it. the funding for implementation for furtherance of the
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affordable care act, we're coming to a point where the credibility of the administration is low and the price tag is exceedingly high and people will look at this, you've had three years, billions of dollars, nowhere need ready why should we invest one more dime in this. stuart: could the implementat n implementation, we can't do it on october the 1st, january the 1st, give us another year, is that possible? >> i'll give them 25 years if they logged it. but the reality you're going to hear things like that, you're going to hear things like we need to narrow the focus of the president's health care law, we're not going to take care of as many people right off as we said. i think these are things you're going to see creep into the discussion, but for my money, october 1st is a critical date, it's a new fiscal year, they're stealing it from the prevention fund as we speak. they're-- the secretary is going to these
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insurance companies and saying, you better give some money to enroll america because i need this to get, i need this to get this thing accomplished because that darned congress won't give me money and the administration has lost so much credibility the last four or five days, it's going to be difficult to maintain the momentum to get it done. i don't see it. stuart: thank you very much for being with us, dr. mike burgess, republican, texas. >> thank you. stuart: time for your gold report. where is it on a day like this, 1430, down 4 bucks at thii moment. near liberal elitist fundraiser for president
in new york city. and producer harvey weinstein, justin timberlake, tommy hilfiger and would have thought the
fever would have ended after his reelection. and charles payne is here and he's fired up about this latest thing. he's next. we went out and asked people a simple question:
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how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ t question is how do you make sure you have the money you need to enjoy all of these years. ♪
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>> president
said that rush limbaugh is to blame for the gridlock in washington. he said that at the a fun razr at harvey weinstein's house. justin timberlake, jessica biel were among the attendees. he told the win in 2012 would
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break the fever. and $32,400 per couple for the the event. so, charles, it's all rush's fault, is it? >> rush must feel good, he has more juice than justin timberlake and jessica biel and all the couples to fork over $32 grand to have dinner with the president. here is the real deal and speaks to the president and he thinks he knows everything and he's 100% right on everything and sooner or later people, if you don't come around to him, you're suffering. you're actually dilutional, suffering from something he calls a fever and that perhaps if we beat you enough, if we beat you a second time, you'll have an epiphany and come out of your fever and see i'm right. stuart: on the very day, don't know anything about the irs
, don't know anything about the justice department knocking into the phones of the ap reporters and benghazi, a side note. and he accuses the republican of
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being hyper partisan. that's a juxtaposition. charles: it goes beyond hubris and chutzpa, to use the word cooperation, i don't see where the president makes an effort at bipartisanship and this is the saddest part of his legacy, the inability to bring people together. beneath the surface that's not said and alludes to almost every press conference, they don't like him because he's black and that lingers because he's-- >> really? i don't detect that. >> every time he speaks, i hear. stuart: and much more on the
plaguing the administration. and new on "varney & company," judge napolitano weighing in on the doj
and what does the irs do to obamacare, buckle up, we're in for a bumpy ride as they say. we're about to get started. en,
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stuart: tuesday, may 14. good morning, california. you are waking up to eight tax the rich policy that appears to have worked. at least for now. the irs
hits obamacare. will it kill it? bloomberg versus baaack
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round two. "varney & company" begins now. ♪ stuart: yet again that outbreak story of the day is this, the department of justice secretly updated months of phone records. the leak harmed a cia operation. it wanted to find out where the leak came from. they got those phone records. is that legal? how much freedom are we able to give up for so-called security? judge andrew napolitano is here. a slippery slope.
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did the justice department get a warrant from a judge to go get those records? >> well, we do not know, but we assumed by statements made that they use the patriot act authority which allows authorities to write their own search warrants as british soldiers were able to do prior to the american revolution -- stuart: yes, yes, yes. >> it directly contradicts the fourth amendment. they do not go to a judge, they do not present evidence of probable cause. agent a authorized agent be to do it. they show up within agent written search warrant. they serve it on the telephone
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company and the telephone company says, here are all the bills, telephone calls made and telephone calls received. stuart: could you make the case? it reaches the constitutional principle. >> yes. stuart: could you make a pragmatic case that the government needed this? they could detect where the leak was from and plugged it. >> you could not make the argument for constitutional reasons. you could not even make it for practical reasons. the original ap story about that activity in yemen did not name specific sources or individuals.
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it will just give them thousands of people with whom ap reporters spoke. i would not know about it. in fact, none of us would know about it. unless the government prosecutes someone come up we do not know how broad they are. stuart: the guy who runs a piece found out about it and complained. >> the government is on a criminal prosecution. someone stole information from the government and gave it to a reporter. under supreme court law, it is lawful and the reporter is immune from any liability, harassment or criminal prosecution for publiihing it.
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that does not resolve the thief. probably a person in the government is the subject of a criminal prosecution. the fourth amendment says when the government wants information, like telephone records, it has to go to a judge and present probable evidence. on the basis of what we know is clearly wrong. the statute ii clearly unconstitutional. stuart: hold on for a second, judge. bloomberg got though white house a taste of its own snooping medicine. reporters may, repeat, may, have snooped on white house officials that use those bloomberg data
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terminals. peter barnes is the guy who broke that story and joins us now. they may have. they were in a position to, but we do not know whether they did or not. peter: that is accurate, stuart. there were dozens, are dozens of contacts between that consecutive office of the president and bloomberg. thirty-eight contacts. stuart: it is possible that those reporters could have retracted the movement of those white house officials, at the very least, they could have. information, informationontact
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nonetheless. stuart: peter barnes, you broke the story and we appreciate you. judge napolitano is still with us. it seems to me that bloomberg must establish a firewall. >> absolutely. at minimum. the fourth amendment only governs the government. i am talking about the corporation that bears his name. if people in that corporation snooped, they violate federal privacy laws. they do not violate the fourth amendment because it does not cover them. the white house should have known that by employing this bloomberg software and literally bringing it into the white
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house, it was telling bloomberg what use it was putting the software to. stuart: is there a complete separation between mike bloomberg, mayor of new york and founder of the bloomberg media and the empire itself? >> he has stated so and i have no reason to dow him on that. i believe that this is in a blind trust waiting for him to receive back at the end of his term. stuart: he only has to pick up his phone and call his chief executive. i am not suggesting that. >> there are suggestions that this started when he started the company. stuart: what a mess. >> yes, it is a mess.
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stuart: you know -- [ laughter ] stuart: i was about to apologize. in the past use that the slippery slope argument is irrelevant. now, i found out that it is not relevant. >> i appreciate you saying that. many of these hard work journalists wanted the patriot act. stuart: president
opposed it. >> now he uses it. stuart: might have times have changed. judge, thank you. checked the big board today. to nicole petallides. i want to start with tesla. nicole: it is unbelievable. it went up to 97.12 today.
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getting closer and closer to $100. they got added bump in sales from california. they felt only electric vehicles. they do not even have tailpipe cars. they are benefiting greatly from that. stuart: is google getting close to 900? nicole: well, you know, the analysts were calling for 900. stuart: i am talking microsoft. i think it is up again today. nicole: all right. you have an up arrow there. i cannot get over this tesla story. i have never seen an electric car. i have never seen a plug-in car.
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all i do is report about them. stuart: i noticed you dismissed microsoft in about one sentence. you go to the garden state plaza mall in new jersey and they have a show room there are. charles: they have a show room there. i actually came in and did a hit. the amount of people in there reminded them of apple stores. that was two days after the "new york times" said it was a bad investment. stuart: it was driving. charles: it looks pretty good. stuart: unions do not like the idea of the coke brothers possibly buying the l.a. times. today they will protest outside
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the largest shareholder in the tribune company which owns the times. they also sent a letter. it is not consistent. you have to laugh. i am laughing, but it is not funny. what exactly are the values of los angeles that conflict so much with people who have made a lot of money. >> i think it is the fear. there is this huge fear that is suddenly the coke brothers, and it will be the end of journalism as we know it. they did in our internal paul and half of them raised their
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hands and said yes, if the coke brothers by this thing and i am quitting and moving in with alec baldwin. stuart: is it just an enclave of los angeles? >> no. you are getting it from the senate and the assembly leadership. you have three city councilman and los angeles. the next mayor made threats that if the coke brothers decide to go ahead and buy, by the way, they are protesting a rumor. there is nothing official. they are protesting this rumor and they are saying if they buy, then maybe they will divest any holdings that we have in the companies that do business with the coke brothers. stuart: i have to get to the next point. governor brown will have a revised budget. it took him $4 billion more than
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expected. that gives him a surplus. that money came, i believe, from taxing the rich. >> yes. the vast majority of that revenue that has suddenly popped up in somebody's pants pocket is mostly from the year and dividend buyouts with a lot of wealthy californian to decided with the end of the bush tax cuts, as they know it it was better to cash out those tax dividends. there will be a big stromal between democrats and legislature. it will be there every single year. what they would like to do is refill some of the cuts that were made.
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it is part of the dna. stuart: thank you as always for joining us. if you thought the irs already had too much power, get ready. obamacare gives it even more control over your money. nancy pull lowly is at it again. >> we have to pass the bill so that you can find out what is and it away from the fog of the controversy. [ kitt ] you know what's impressive?
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♪ stuart: hedge fund manager calling for sony to separate the divisions. daniel low. he owns about 6% of sony shares and he says the move would bring more cash to the electronics department. the stock is up nicely, 10%. sharp will produce more supply for apple and its rival samsung. mcdonald's rolling out three new quarter pounders to replace the angus burger. it is due to rising beef prices. scandals rocking the affordable care act.
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♪ light. [ goodall ] i think the most amazing thing is how like us these chimpanzees are. [ laughing ] [ won ] can you hear me? and you hear your voice? oh, it's exciting! [ man ] touchdown confirmed. we're safe on mars. [ cheers and applause ] ♪ hi. [ baby fussing ] ♪
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hit the wall
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hard enough to kill it? wait a second, i have to have you spell out the connection between the irs
and obamacare. >> many people will be worried about joining those health insurance exchanges which opened october 1. now, under this law, your doctor has to enter your medical treatment or history and all your insurance information will be in there. all the treatments you get that are covered by your insurance. the irs is enforcing all of this. when you go to pay your taxes, you have to attach proof that you are on a qualified plan and you are paying the right amount.
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the irs will have access to everything about your health insurance. if the irs does not respect your political privacy, who is to say they will respect your medical privacy. surely, it is not rigid and obamacare, the law. the irs can just leap over that wall and look at your personal medical history. >> what law? what law, stuart? he was talking about gun control and getting into your medical records for background checks. the secretary has proposed entitling you to get a list after the fact of posting your medical records. that is too late. stuart: you are saying there is no restriction on the irs just plugging into my personal --
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>> they have all the details about your health insurance. stuart: i have insurance. >> you have to report to them you're out of pocket expenses. they are supposed to guard you from spending too much on healthcare. stuart: but that does not let them into my history. >> no, but it does let them know who your health insurance carrier is. what is to prevent them from doing the same thing. people will look at this and say here is the irs lying about what they did here what will they do to me? stuart: nancy pelosi. she famously said we need to pass obamacare to see what is in
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it. over the weekend, she gave us another reason to support obamacare. life, a healthier life. liberty, the freedom to pursue your happiness. >> big brother watching every aspect of your health care. >> i think young people will be very reluctant to enroll. stuart: it is
tuesday. it will have an impact on your money. the economy, too. my take on that after this. ♪ in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution,
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♪ stuart: look at this, please. that is prince harry in new jersey. he is inspecting damage at the jersey shore. prince harry is second in the line for the throne currently. he is with governor chris christie. i am not sure i can see which one governor chris christie is. i am interested to see him since he had that stomach shrinking
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operation. there you have it, prince harry and chris christie in new jersey together. time for charles to make some money. he still likes monster beverage. charles: i have to tell you something. this stock could end up being one of those tesla ring mountains. you have a few issues. stuart: everyone is chasing them down. there was an issue for the cigarette companies. beyond that problem, execution has been there big problem. the last four quarters, they have missed the street each quarter. they have been able to overtake red bull.
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i give them a lot of credit for that. their execution has been her read this. they still continue to take market share in an industry and space that is going a lot faster than carbonated drinks. just like a cup of coffee. i can say that more people will die from drinking carbonated, sugary drinks and drinking monster drinks for the next 200 years. i think it can go to 70. stuart: environmentalists love windfarm. alternative energy. that is what it is. we have a perfect case of hypocrisy for you.
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we are told that the
is all politics. they have no financial impact. you and your money will sail on. i think that is wishful thinking on the part of the left. i think policy will be affected and perhaps, america will win. benghazi. three scandals. the president appears to have misled the country or he is an incompetent manager. this cost him time and clinical capital. just look into the very near future. he has to come to terms with congress on a budget all in six months. all the time, he is trying to do
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this, there will be a series of congressional hearings and investigations. it takes time to get your stories straight. yes, he won the election. during his campaign, the irs harassed his opponents. these scandals will bite into his economic agenda. in my opinion, that is a good thing. i, for one, has had enough. democrats will be thinking long and hard about how close they want to get to a president tainted by
. if they fail to regain control of the house, the
campaign is a non-starter for the rest of his term. they will have financial impact. i do not think there is much chance for another tax hike on success. there is a good chance that obamacare can be stopped and maybe even rolled back.
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the ideology will be defeated next year. all good. thank you orville and wilbur... ...amelia... neil and buzz: foteaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ♪
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities.
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♪ stated they say detroit is in -- they are literally weeks away from totally running out of all
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cash. a report out monday shows $15 billion in debt. a growing deficit plus those unfunded pensions. where will the money come from to save this city? they need it fast. a frequent guest on this program. thank you very much for coming back to us. where is the money coming from? they will have to have money within the next few weeks. >> you may be talking to the wrong guy. i am sure plenty of people are in line for a haircut all around. i wanted to talk to about why detroit and other cities are failing. stuart: you have to have an opinion on this.
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>> my opinion is that detroit defined michigan. stuart: there are only two choices here. they have to have money or they just totally shut down. everything shuts down totally. there is only two choices. >> i think that the governor has to step up. i think that this city has to be committed to a long-term plan. stuart: are you prepared to see money from your city go to detroit? >> no. we cannot afford it. again, i think a lot of folks are in line for a haircut. i think it will have to be shared sacrifice. our cities are failing by
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design. we have many cities that are headed towards bankruptcy. it is not just the governors ball. i am telling you, we have failure by design because we are operating on game plan. our system in michigan is based on the northwest ordinance with president washington. our founding fathers did a nice job -- stuart: is it the pensions? is that the big deal? stuart: you know i will not lie to you. i believe we have been a little overgenerous. a lot of cities and townships have done that. that is one element. reality is, we are based on a township form of government which is six by six. stuart: i take your point, your
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honor, but it has to change. you have to weeks to get money to detroit. my plea is let's stop with the one-time fixes in emergency manager alone will not fix what is wrong with detroit. we have to get beyond surviving. our young people want to move to thriving cities. we do not have them in michigan. we are losing population because we have allowed our natural regions to decade. we have to find a way to have functioning natural regions like they have done in nashville and you louisville and other capital cities. charles: you would be for lower taxes, progrowth policies, incentives to get businesses to invest? >> well, what i am talking about
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is thriving metro regions. in columbus, they just voted to raise their income tax. if you look it up ann find out what kind of mayor i have been, we are very pro-business. some of the highest wage areas are not the lowest tax areas. the fact is, it does take taxes to provide good services. people want to move where there are quality services. i am not just for less government across the board. stuart: you will have to do it. no way around it. will you have to cut it again? >> we may. i do not think there is any question about that.
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i have admitted to you, i think the cities have probably been overgenerous in that regard. in michigan, we have a problem with the way that the government is structured. a lot of the cities that we are talking about, some of the fastest growing cities in the cities that are attracting young people, including our young people are cities like chicago and new york. we need to be lean, we need to be sufficient. we need services. we need to invest in infrastructure. almost everything runs by computer today. stuart: that is just another word for spend. >> i know that you guys get offended.
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>> you are spending money that you do not have. >> we are grounded in facts and we are grounded in reality. it takes taxes and dollars. stuart: people will not pay it. >> you are wrong. they will pay for it. they voted to tax themselves more to keep those services. we are on the front lines. you are not talking to some politician. when people call 911 -- we have to answer those calls. the people who vote for more taxes are not the ones who pay more taxes. that is true. >> it is not true. it is not true at the city level. you do not know what you are talking about it. stuart: okay. thank you for joining us.
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>> it was good. stuart: we cannot get the story enough. the irs, epartment of justice, obamacare. we had to capitol hill after this the local
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stuart: a small incremental movement higher for the price of gasoline. look where we are now. 3.584 regular. up about a nickel in a week. could tesla be the new apple? the electric car company still climbing after raising its profits. shares right around $90 a share. blackberry chief justin out the new q10 smart phone. it will be released early next month. shares of library down a little. how about taco bell. the fast food chain is testing a waffle shall. it is $0.89. back in a moment.
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stuart: we will call this the horse race stock trade of the day. that would be google which is getting closer to $900 a share. nicole: 888.69. twelve, $13 away from google 900. it is pretty unbelievable. about 25% this year. it has been pushing slow and steady.
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that is the horse race of the day. the two stocks going at it. you are seeing tesla up 2.3%. stuart: thank you, nicole. let's get to charles who is going to try to make you some money. we have an led lighting maker. charles: it got hit this morning. they downgraded to a neutral. it is kind of a. thing. i am hearing lazzara bikes to go to 73. the company has to work with the channel. they think this thing will really take off. by the way, starting to see commercials now on tv.
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it is pretty interesting. stuart: you think it is going to 70, 65? charles: i think it will go substantially higher than this. stuart: they will replace all the lighting. the
at the irs. the
at the justice department. the
over benghazi. i want to zero in on obamacare. we have a senator here. is it possible that these scandals are so serious that it will take up so much time for the president that it will
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interfere with the implementation of obamacare? >> it is the drip, drip, drip of new information that continues to come out. you are right, it is the irs. they are the ones who will be called on to implement the president's health care law. the train wreck coming with all the different exchanges and trying to buy insurance that way. when people apply to the exchanges, it does not go to a healthcare person. the questions go to the irs. the irs is talking about hiring maybe 10,000 more agents to look into your lives. now, we know what they have done already. we will learn more. i think it will call into question their ability to implement the health care law. stuart: would you say that the implementation could be at least delayed? >> i think it will be a disaster
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anyway you look at it. i see a train wreck coming with the president's health care law. i cannot imagine that they will be ready to implement it. remember what the president said in his press conference yesterday. if we learn it is true, the things we learn to be true friday, we now know go way beyond that with new information coming out today. it is much more involved. stuart: what do you make of the doj
? they went and got the phone records. they used the patriot act to go in and get that information. >> it is dramatic. it is unprecedented. i used to think that the attorney general is incompetent. this looks to be malicious. the scope of it is so large.
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you have the administration subpoena in phone records from the capitol building itself. this goes way beyond anything i think anyone has seen before. we are just seeing the tip of the iceberg. stuart: thank you very much. >> thank you for having me. the future of energy in america. here is a problem, those turbines are killing federally protected birds and they are getting a pass on it. we will deal with it next. ♪ us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪
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[ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatical reducing waiting time. [ telephone ringing ] now a waiting room is just a room.
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[ static warbles ]
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♪ stuart: look at this please. of 81 points. gradually higher alter the morning. the dow closing on 15,002. the
administration has used against oil and power companies. however, about once a month a golden eagle is killed by a wind turbine. charles, it seems that there is no complaint if an eagle gets killed in a wind farm, but all hell breaks loose if it gets killed with oil. charles: that was just in one
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year. think about this, we shut down an entire industry over the spotted owl. thousands and thousands of americans lost their jobs to preserve the spotted owl. it will probably be extinct anyway. the larger cousin keeps killing them and taking over the territory. birds will die, there is no dow about that, no matter what we do, but there is hypocrisy and windfarms to get a free pass. stuart: more "varney & company" comes after this. ♪
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thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better.
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♪ the wright brothers became the first in flight. [ goodall ] i think thmost amazing thing is how like us these chimpanzees are. [ laughing ] [ woman ] can you hear me? and you hear your voice? oh, it's exciting! [ man ] touchdown confirmed. we're safe on mars. [ cheers and applause ] ♪ hi. [ baby fussing ] ♪ the at all. the new york post reports reaching new york moms are hiring handicapped tour guides to pose as family members so kids don't have to wait at line at disney. black-market guys take up $100
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for a eight hour shift. our producer charles, whose name is justin is outraged. this is a terrible thing he says. i am not outraged at all. charles: tte story is in the post and they begin saying the 1% are 100% despicable. i you kidding me? the ideas at the handicapped being camped. for $1,000 for one day? for disabled people of watchingo the show probably will flood our phones to get in touch with this. an amazing opportunity. stuart: $1,000 to go to disney. , you get is your kids don't stand in line. what is your name again? you are totally wrong. dagen mcdowell, connell mcshane. connell: good morning, i am connell mcshane. the i am dagen mcdowell. constitution die-hards up in arms. justice department secrets like
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all of ap phone records, a matter of national security or plane abuse of civil liberties. connell: the irs catching the same amount of heat, congress jobbing at the bit, who was targeted by the government agency and while. dagen: a high cost associated with angelina jolie's life decision, who should follow her lead and who should not? the connell: jack is back. want to make headlines from the network of front? fox resurrecting the big money-making series 24. jack our making a come back. those stories and more on markets now. >> if not successful lose your younger son. >> copy that. >> we are go. connell: you must have been. i was a big 24 and. dagen: initially. no.
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Varney Company
FOX Business May 14, 2013 9:20am-11:01am EDT
News/Business. Wall Street news. New.
The Irs
Harvey Weinstein
Justin Timberlake
Chris Christie
Nancy Pelosi
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