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Is he saying the same thing as Donald that everyone else's or just maybe just not of the packaging it quite as politically...
(CROSSTALK)
STONE: Well, you know, honesty -- in honesty, I think NBC is at fault here because they truncated what he propose. He said I want -- I favor a total and complete ban on Muslim immigration and then he said until I represent them they can get their hands around what's going on.
NBC cut though -- the second half of that off put it out as a partial. Everybody overreacts. They were saying, oh my God, he's called for ban on Muslim for all time.
Look, Muslims and Islam is the only religion that requires members of that religion to kill anyone who disagrees with them. Christianity, Judaism, Buddhism, those religions do not call for that.
So we're dealing with something very special here. His plan is very clear.
REGAN: And we've got a gentleman coming on the show shortly, an American- Muslim who's calling on the Islamic community to really talk about this issue and refuse some of the stuff and demand than their religion change.
But Roger, let me ask you about this chatter about an independent Donald Trump used to run this campaign. What's the likelihood of that, in your view?
STONE: This totally up to the Republican Party. Look he's the front runner. So I don't know why anyone's asking him if would vote the party. If he is kept out of the debates, if he is kept off the ballot in some states at the primary in some states where the republican secretary of state has the authority to do that.
If there is a move in New York, fostered by the republican establishment to somehow throw him out of the party as if he has said something that is contrary to the party rules, then sure, he might run as an independent. He has the name ID, he certainly has the money, he has the infrastructure and you know what would happen? The Republican Party would run third in that election.
REGAN: Well, I mean...
STONE: But he's the front runner.
REGAN: ... but he will win right? I mean, Roger...
STONE: I think there's...
REGAN: .... how is he going to win if he run as an independent?
STONE: It would be very difficult to win a three-way race but the republicans would be draining Trump, Trump wouldn't be draining the republicans. That's not his preference. I think he's made that clear. He's the easy front runner in the Republican Party. I don't know why anyone's asking this question.
But if they cheat him, if they try to cook the rules like they did to Doctor Ron Paul three years ago - four years ago, then it is certainly an option that he should consider.
REGAN: Roger, how much of this rhetoric that we hear from Donald Trump is really in Trump too and how much of it is somewhat methodically thought out. You know, I made the point that you don't get to be a billionaire by just shooting entirely from the hip.
I mean, there's an element of that, but you got to had some pretty good instincts and you got to thought those things through some of those instincts before you actually act on them.
Given your proximity to him having run his campaign, how would you characterize how'd you approaching all this right now?
STONE: Donald Trump is very genuine and no -- he's not talking off some expensive polling or focused groups or talking points that were developed by an edge to advisory committee.
When Trump speaks, he speaks from the heart. He is on handled, he's unscripted, he is uncoached. No one put words in Donald Trump's mouth and I have known him literally 40 years and have work done enough for probably in that time period.
REGAN: And he's thinking about it right? I mean, he spends times thinking through these things before he actually comes out and says them?
STONE: I think that's very clear, look I think this is a master for move. He is dominating the dialogue, if he turned on television or radio or cable yesterday, you saw a discussion of what Donald Trump had proposed.
Now, I just think he has to make people understand exactly what it was he proposed which is not an all out forever banned against Muslim immigration but a temporary freeze until we can figure out who these hundred thousand Syrian refugees who wants to come into our country are and determine if any of them are terrorists or have a criminal record.
REGAN: Roger Stone, thank you sir, good to have you here.
STONE: Thank you.
REGAN: All right everyone, it is round two what the critics had been calling the best debate of the year.
The next, Fox Business GOP debate is on January 14th and we're going to be live from Charleston, South Carolina asking the substantive questions that need to be answered right now in this election cycle. Up coming up on the 14th, do not miss it.
All right, ISIS has looted up to $1 billion from banked fault in Syria and Iraq. The terrorist group had also banked another half a billion dollars from black market oil sales. My next guest has a plan to choke off ISIS funding. I'll see back here in two.
(COMMERCIAL BREAK)
REGAN: All right, new details everyone on how ISIS is funding its terror. The Islamic State has looted up to $1 billion from Bank default (ph) in Syria and Iraq and made another half a billion dollars from Black market oil sales.
And Bashar al-Assad, Syrian Government is buying the majority of ISIS oil. This is according to Senior U.S. Treasury official.
Vanessa Neumann, Senior Fellow of the -- from the Foreign Policy Research Institute Center for the study of Terrorism. Joins me from Washington, D.C. right now. Vanessa good to have you back on the program.
VANESSA NEUMANN, FOREIGN POLICY RESEARCH INSTITUTE CENTER SENIOR FELLOW: Thank you.
REGAN: You know, this is a lot of money this is a terror organization that has more money than any other terrorist organization in history.
NEUMANN: Yes it is. And what's in -- so the thing that is their strength is also the thing that is their vulnerability and their weakness and it's something that the intelligence communities when they think strategically had been considering for some time.
REGAN: I mean, if you want to stop ISIS right, you stop that the financing engine that they have?
NEUMANN: Correct. But they have so many different financing engines. When you control territory and you control the banks, that's why the Treasury Department is sanctioning the banks that are in ISIS controlled Iraq. So, because they are the way that that's how the money is reaching the international system, so that's the major vulnerability of theirs.
And also, they are selling the oil ironically back to Assad regime because they're at war. When you're at war, you consume more oil. So that also means that the more we bomb ISIS, even if we're not bombing the oil wells that which is a separate issue.
The fact that we're bombing them is making them consume more of the oil and therefore have less to sell. And the Black market oil is sold at a discount.
REGAN: So they're not getting as much money for it. But, you know, let's go back to Assad for a moment because...
NEUMANN: Yup.
REGAN: ... he's the one who's actually consuming their oil, buying their oil even though he's fighting with them.
NEUMANN: Correct.
REGAN: So he's the source of their funding? I mean, if we actually...
NEUMANN: Correct.
REGAN: ... wanted to prioritize and say ISIS is the thing, we want to wipe off the map. Would we find another way for Assad to get oil?
NEUMANN: Yes. But then now you're just stopping one for another. I mean, in one way or another, you're funding your enemy. Which is not unfortunately not unique in warfare.
It happens a lot but - yeah so then what would we do if we want Assad out, because the long term players, the reason why this ISIS has grown so much and why they are getting increase in support is they control the governance, they control the territory and when you control territory, you tax, you extort and you do all sort of things. So it's not just the oil and that's their big vulnerability is that their governance isn't good.
REGAN: Back to the bank system, because you mentioned that the Treasury Department clamping down on this.
NEUMANN: Right.
REGAN: You know, I'm asking an obvious question here, but why isn't this happened earlier?
NEUMANN: I think, it always take some time, it's attachable intelligence really for people to understand how the money is moving and where it's moving. And, you know, the strategy is always -- I don't know.
To be honest, I'm not sure why it hasn't happen earlier because it is perfectly obvious. But I think I was not yet fully understood just how much money was being moved and how much control that ISIS had over that territory where there's tights are.
REGAN: OK, so we're talking about the money from oil, the money that they're taxing residents there in there ISIS controlled territory, that's the big part of their revenue and also interestingly something you don't hear a lot about, weak, that's the big business for them as well Vanessa?
NEUMANN: Yeah. Well any thing's big business absolutely anything that they can move, anything that is either gross in their territory or traverses their territory is big money.
REGAN: All right.
NEUMANN: I mean, we've seen it also with other goods, we've seen it with cigarettes that are banned, but they still tax them.
REGAN: You got to cut off the funding if you're going to cut off the care. Vanessa Neumann, good to have you here. Thank you very much.
NEUMANN: Thank you very much.
REGAN: All right everyone, Hollywood's fixation with the Obama administration, rages on. This time, with a new public service announcement targeting gun violence in our country.
Wait a second, is there real right now, ISIS not gun, are these are distraction and why are Hollywood stars are getting involved in all of this anyway?
My Intel on it, next.
(COMMERCIAL BREAK)
REGAN: OK, markets sticking on the (inaudible), lots of red on your screen today. We're up 270 points take a look at that on the Dow, 17,306. S&P trading down one point nearly 6 percent. You know, a lot of this is tied with oil, oil has been really getting hit over the last week, closing out the week year at $35.62 a barrel that's a fall of more than 3 percent.
In our earlier in the session, crude hit a seven-year low at $35. 35.
For the week, you got crude falling more than 10 percent if that's our biggest decline of the year, it should be some good news for consumers. We're going to pay a little bit less at the gas pump. Nonetheless, that's have not translated into the overall economy yet.
All right, Intel is going to be right back. We're talking to an American- Muslim who is speaking out against ISIS and Islamic extremist.
Stay with me.
(COMMERCIAL BREAK)
(BEGIN VIDEO CLIP)
JULIANNE MOORE, HOLLYWOOD CELEBRITY: We can end.
UNIDENTIFIED FEMALE: We.
UNIDENTIFIED MALE: Can end.
AMY SCHUMER, HOLLYWOOD STAND-UP COMEDIAN: We can end.
UNIDENTIFIED FEMALE: We can end.
UNIDENTIFIED FEMALE: Gun violence.
UNIDENTIFIED FEMALE: Gun violence.
UNIDENTIFIED MALE: Gun violence.
UNIDENTIFIED FEMALE: End gun violence.
UNIDENTIFIED MALE: We can end gun violence.
(END VIDEO CLIP)
REGAN: OK, that's all part of a public service announcement that many Hollywood stars, you could see joined then on. Their goal to team up with the Obama administration to end gun violence in light of course what happened in San Bernardino.
The problem with all of this and, you know, we commend them for trying to get out there and give there $0.02 on this. Is that problem is not guns right now in San Bernardino, you have very strict gun laws and these guns will purchase legally.
The problem is ISIS itself and it's important that the president realizes it. It's important that the nation realized it and it can deal with the gun situation another time, another day.
But right now, we need to have our priority straight. Probably hear a lot more of this on the campaign trail of popular of course with the liberal -- liberals are going after guns, but not necessarily the right tone or priority to be having right now.
Anyway, we're going to talk on next with an American-Muslim who's calling in the Islamic community to fight back against ISIS and radical Islam, saying Muslims itself are the only ones who can beat radicalism. That's next.
(COMMERCIAL BREAK)
REGAN: How do we fight Muslim extremism here in America?
You can't get a handle on terrorism until we do. Some of the answer well gun control, does it mean closing our borders to Muslim visitors? Does it mean rejecting Syrian refugees?
Well, we hear a lot of these ideas out there as of (inaudible). My guest, an American-Muslim himself says in a provocative piece in the "Wall Street Journal" today, that the only thing the Muslim community can do to fight this radicalism that's crippling his faith is to come forward itself.. He says and he writes, "It is our duty as American-Muslims".
Joining me right now is Khurram Dara. Good to have you here.
ATTY. KHURRAM DARA, "CONTRACTING FEAR" AUTHOR: Thanks for having me.
REGAN: So, why did you decide to write this? I mean, it's rare right now to see Muslims, American-Muslims coming out like this and calling their faith, calling their faith out as you do in this piece.
DARA: Well, I wouldn't say it's rare that people are coming out. And I think, people are coming out and condemning radicalism.
I think what I wanted to point out with my piece here is that, when you look at what happened in San Bernardino, this is a different type of terrorist threat than we're used to.
This is not a sophisticated coordinated attack. This is sort of a lone wolf a person who is self-radicalized, the couple who is self-radicalized.
And when you talk about that, it's very difficult for people and people are very scared of that because, you know, a lot of situations, you have no idea. You don't know who the person is talking to online, you don't know what they're doing online. And because of that, I think American Muslims are really in the best position to route this out and more personally.
REGAN: I think as they can see for example in their mosque and their community. They're going to hear.
DARA: Of course.
REGAN: . about some of these chatter maybe before officials would.
DARA: Correct. And also, you know, sort of more importantly is that, for a credible case to be made against some of this propaganda that groups like ISIS are putting out, it has to be American-Muslims that really take advantage of all the opportunities that we have here in the United States that Muslims and other parts of the world don't have.
REGAN: How would you say, you know, overall as you talk to friends in Muslim community, they feel right now about the backlash against them.
DARA: I think a lot of people are upset and, you know, rightly so, there are things happening. But I think, one of the best and most effective ways to end that type of bigotry and that type of backlash, is to stop the radicalism that's really crippling our faith, I mean if we don't do something, it's going to...
(CROSSTALK)
REGAN: I mean, this is one of the reasons why you're speaking out, why you're writing these pieces, and you want to see more from your community?
DARA: Well, yeah, you know, I think, there are a lot of things that need to be done but when you talk about sort of this self-radicalized people, they are clinging onto this sort of propagandized idea that if you are -- if you don't follow a certain way, then the person should, you know...
REGAN: OK.
DARA: ... first to be killed.
REGAN: You've also call that the sexism in the Muslim community as well as homophobia.
We don't hear many people in the Muslim community calling that out. I mean, Dr. Zuhdi Jasser, who's a frequent guest on the program has made all kinds of calls and he's been a very vocal person when it comes to dealing with the reform that's needed in the religion.
But you're saying that some of this needs to change in order for the Muslim community to continue moving forward.
DARA: It's tough because -- and I think, you're seeing a changing of the guards and the sort of American-Muslim leadership, there are a lot of males (ph) like me, they are sort of coming up.
And again, it's comes down the credibility. You can, on the one hand constantly buy for your rights and want protection at the same time when sort of these types of actions are done against other discrete groups, sort of not saying anything.
REGAN: Isn't it -- then up to you in this, you know, then the Muslim community to route this out? I mean, effectively, your religion now is being held hostage by these fringe extremists.
And if more people in the Muslim community don't get their arms around this and start to call it out, you're going to have a much bigger problem.
DARA: I agree. I mean, think we've been very good at reacting. People come out, they condemn the radicalism, but we have to be proactive. We can't just come out every single time was it have.
REGAN: So, what is that mean?
DARA: I think, we need to spend as much time that as we do worrying about protecting our own civil liberties which is a very important thing. We need to spend as much time focusing on what we do to destroy the radicalism.
REGAN: Because these civil liberties was a big concern right now and people are worried about this backlash against Muslims but your saying, OK fine, we worried about that but be just as worried about the radicalism.
DARA: Right. I mean, look, you can say, it's going to destroy the faith if we don't do something.
REGAN: So good to have you here. Thank you very much and good work in the "Wall Street Journal".
DARA: Thanks for having me. Thank you.
REGAN: All right. We have a market that's off everyone, 260 points right now.
Oil, closing down the week at 35 in change. It's been quite a week with oil dropping more than 10 percent, I mean, it's affecting the overall market.
You know, on a day when you have huge merger news and there's an expectation that's you may see something out of the Fed come next week at the Fed, of course, meeting on December 15th, we're going to have full special coverage of that meeting.
Janet Yellen has been talking for a while about moving about a quarter of points. Will she actually do it? Does the data lend itself in such a way that she can.
Again, the market up 261 points. We're going to have more market coverage right after this break.
Stay with me.
(COMMERCIAL BREAK)
REGAN: OK. We've got a market that's looking at a pretty steep sell off right now everyone, down 270 points on the Dow.
You can see the S&P trading down 1.6 percent, a loss of 33 points and the NASDAQ, really taking at the worst there, down almost two percent.
This is in part, overall, the market downside is in part due to the decline we have seen in oil over the last five days. It's been a pretty significant sell off. In fact, oil has ended the week down roughly 10 percent at $35 a barrel.
So, all of this downside in the market overall despite news of a major, major merger. You have Dow Chemical and DuPont coming out with a $130 billion deal today, and yet take a look at their stock prices, you can see both of those companies are trading down with Dow Chemical off about 2.2 percent and DuPont off 5.3 percent.
A little bit of a surprise there, because in this environment, this euphoric environment we've been in, and for the markets that you've seen in a lot of these merger transactions, actually both stocks trade higher on the date the merger gets announced. But nonetheless, you do have a market that's suffering overall right now.
It has been quite a year for mergers with all this money out there, in part because Janet Yellen and company have left rates so low. Companies need to spend it and so you've had a record year. Pfizer, Allergan, $160 billion.
I know Liz is going to be talking to DuPont and Dow coming up. So I'm sending it her way. Liz Claman, to you.
END
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