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tv   Varney Company  FOX Business  December 7, 2023 11:00am-12:00pm EST

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♪. stuart: sky fall, is that the from the movie, the james bond movie? that is adele singing the theme song. a little snow in new york city as of right now. that is the fox building right there. it is 11:00 eastern. as we remind everyone, this is
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pearl harbor day. the markets is doing very well thank you very much indeed. big tech presumably doing well. all on the nasdaq, alphabet, meta, all winners but my microsoft down 1 cents. track the 10-year treasury yield. where is that yield? lower levels. the house just voted to censure democrat congressman jammal bowman, the final vote was 214-191. he pulled a false fire alarm next november as lawmakers were discussing a bill for a government shut down. they have censured him right now. and now this. new york's mayor, eric adams is on his way to washington, d.c. he has been invited to the white house christmas party. what he really wants is a meeting with the president so he can get federal money for the
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150,000 migrants that call new york home. adams said it will cost $12 billion next year alone. he criticized biden especially when it highlights the exploding border crisis. that is what this is all about. the floodgates are open. it is changing politics. adams approval rating has sunk to 28%. that is an all-time low. he is down because he is cutting spending on police, firefighters and education just to pay for new york's migrant surge. imagine that. a city that still reeling from the pandemic and a crime spree has to sacrifice basic public services to pay for biden's open border. i should say it is also aoc's open border around she represents part of new york city. when trump was president, alexandria ocasio-cortez was at the border weeping about the migrants who couldn't get in. asked how we should pay for the ones already here and in
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new york, she says, tax the rich. oh. she exposes the intlex all bankruptcy of the left. raise taxes when new yorkers pay the highest taxes in the land and thousands are fleeing. ruin our already failing public schools for the sake of an open border. expose the whole country to the threat of terror from within. that is what is going on here and it is only going to get worse. as we've been reporting, 22,000 crossed the border in the last two days. at this rate, another million at least will come in the next year. squeezing social services for american-born citizens all across the land. in november 2024 there will be elections for 435 seats in the house, 34 seats in the senate and of course the presidency. the open border is the open wound for democrats. third hour of "varney" starts now. ♪.
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stuart: let's get back to last night's debate. just watch this. roll tape, please. >> nicky, you were bankrupt when you left the u.n. after you left the u.n. you became a military contractor and now you're a multimillionaire. that math does not add up. it adds up to the fact that you are corrupt. >> you have other candidates up here like nikki haley, she caves anytime the left comes after her. >> the only person more fascist than the biden regime is nikki haley. >> these wall street liberal donors they make money in china. they will not let her be tough on china. she will cave to the donors. she will not stand up for you. stuart: jason chaffetz. i thought that was a little over the top seems like nikki haley has a target on her back. how do you judge her response. >> she is giving the best response she can. vivek ramaswamy was way overboard. since when are republicans or on serve i have its or
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libertarians, since when do they have be anti-business, anti-success? here's a woman who had great success. she became a governor, you know. working on a board of one of our biggest, most prosperous important companies in boeing. i don't think those are negatives. i think ron desantis by far had the best debate. i think he is still head and shoulders over anybody else on the debate stage. more people in country like to be like florida. they want electoral success ron desantis had turning a purple state red. they want to be like florida, tax scheme, regulatory, everything about florida. i think ron desantis won the debate and is winning on the people that watched that debate. stuart: jason, i've got the rcp poll. 61% republican voters support trump, 13% desantis, 10% nikki
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haley. doesn't seem like any of them chipped away at trump's enormous lead, does it? >> well, the only, not to give an excuse because i think donald trump is doing laps as i've said many times around these other candidates but, i do think the most important polls are the primary polls or the caucus polls and look, ron desantis is all in in iowa. if he doesn't do exemption alley well he is probably out but he has put a lot there in iowa. these national polls, and -- i don't think they mean anything at this point. when you're barnstorming iowa and going to 99 counties we'll see if that pays off. stuart: do you think trump could lose iowa. >> at this point every poll indicates no, but iowa is a different place. iowa is a place that looks hard. they have got to meet you, shake your hand. i don't know, i really don't
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know. that is nothing against trump but i got to tell you i do think there is a lot of people who really like ron desantis. they like his success and they see him as viable. i think last week's debate was probably even more important for ron desantis. the one with gavin newsom that sean hannity hosted. i think that really showed he could go toe-to-toe with any democrat they could throw at him. stuart: what do you think of the reaction of the voting public if donald trump were found guilty of a felony? >> oh, i think the, i think most have already made up their mind on these types of things. i think true independents feel like he is getting picked on. guilty of what? the valuation of his hotels? i mean they're not prosecuting anybody else in the world on that one and so i think these are absolutely absurd and it is almost as if they're trying to get donald trump elected because they're doing more to ingratiate the public to him than they are
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anybody else. stuart: got it. jason, thanks for being with us this morning. we'll see you again soon. thank you, jason chaffetz. >> thank you, sir. stuart: the nasdaq is still going really strong. now up 167 points, dow up 60. s&p up 30 points. lou bass niece here for the hour to check markets for us. lou, do we get rate cuts next year from the federal reserve? >> read my lips. i say abs absolutely not. investors are betting on it, banking on it. how the stock market responded to the 10-year treasury yield. look how far it has come down from 5%. that has done the work of the fed already. i argue we gotten a rate cut based on market moves in the 10-year treasury. think about it, if the fed cuts rates too quickly it reignites the things that cause problems in the first place. it reignites inflation. why would jay powell act quickly
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initially on the back end. stuart: i hope you don't mind if i talk politics. >> i don't mind one built. stuart: what would the market reacted if the trump is the opponent real strong, he will be the next president, what do you think the markets would do? >> i think the markets react favorably to that. people won't admit they believe that. investors heading into the last election lifelong democrats did not want biden to win from their financial perspective. they knew for the markets is not a good thing. at least here markets hate uncertainty. you might not like trump will do and what his policies are and certain he will do that. markets can price in the risk. uncertainty like biden and "bidenomics," we don't know what that will entail trouble the market. closer to the election, markets and investors will vote for trump with their dollars. stuart: good stuff. stay with us please. lauren has the movers.
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advanced micro devices is certainly moving. lauren: can't ignore it. they're basking in the glory of their a.i. day as microsoft, meta, oracle are adopting their new a.i. chip as just as good cheaper than nvidia's a-100 chip. stuart: delta up 3%. lauren: they're adding flights to taiwan after a seven-year hiatus n june you can fly from seattle to taiwan that route is coming back. stuart: that is enough to give them a 3.4% gain? got to be something else. lauren: jetblue narrowing the loss forecast for the year. all the airlines are up today. resilient demand own overseas and pacific region. >> take-two interactive is down 1.2%. lauren: bank of america cut them to neutral even though they have a catalyst coming up and it is "grand theft auto," number six a blockbuster. but it is not due until march 2025. stuart: too far out. lauren: they can't stay bullish on take two that far out.
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stuart: tell me about the push notifications that keep popping up on my phone. is somebody spying on me? lauren: they're a privacy nightmare. apps use push notifications to send info to the phone. why you always get the ding sound or visual indicator, information was sent to you, right? a lot of people don't know those push notifications are certainty on or over apple google servers. we're learning that governments including the u.s. can access your records based on the push notifications sent to you simply asking google or apple for that data. that is according to senator wyden. he wrote a letter to the department of justice demands more information. can the tech companies provide governments about the apps that you use, about what is on those apps that you use, content they're sending you? can they attach a phone number to a specific app user? stuart: it is a way of hacking into you, isn't it?
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lauren: privacy nightmare. stuart: didn't know about that. i didn't know push notification. lauren: a lot of people told senator widen in this letter. stuart: border patrol is using artificial intelligence to crack down on fentanyl trafficking. we'll try to tell you how it works. president biden delaying a brand on menthol cigarettes. we'll explain why he reversed course. the chair of the house ways and means committee, jason smith, powerful guy, taking on democrats for a new push on wealth tax. he says the taxes don't stop at millionaires and billionaires a lot of people pay. jason smith is next. ♪.
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♪. stuart: where did we dig this up from? that is jimmy buffet. he is a florida kind of guy. what you're looking at fire island, new york, where it is mere 35 deagreements no wonder nobody is on the beach. in washington democrats introduced a proposal that would tax capital gains and billionaires and very high earners. they would tax the gains before they are earned. how about that? jaws jason smith is with us. they're not just taxing the rich. it trickles down to tax everybody, does it? >> it absolutely does, stuart. all of their tax proposals, they try to say that we're going after the wealthy to make sure that they pay their their fair
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share. when you look at details inn the proposals it always targets working class americans. i will gift you an example of $80 billion they gave the irs to hire 87,000 new agents. 600,000 new audits will now be in place for people making less than $75,000 a year. they say one thing but they do another. stuart: this wealth tax, am i right in saying they proposed to tax capital gains before you made those gains. this is unconstitutional, isn't it? >> they have several proposals out there, stuart to tax all different items. increasing individual rates, increasing capital gains. there isn't a tax that a lot of them would disagree with. stuart: i want you to listen to president biden's response when asked about his interaction with hunter's business associates. roll tape, please. >> can you explain to americans,
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to americans that this impeachment inquiry why you interacted with so many of your son and brother's foreign business associates. president biden: i will not comment. i did not. they're a bunch of lies. >> you didn't interact with their business associates? president biden: i did not. they are lies. stuart: have you established a firm link between chinese money and vice president biden back in the day? >> stuart, what the president just said there is completely a lie. the two irs whistle-blowers that came before the ways and means committee just this week provided 56 pages of documentation including 327 different emails that speak otherwise. in fact out of those 32emails that the irs whistle-blowers provided they were from joe biden's fake accounts and 54 of them went directly to hunter biden's business associate eric swearing.
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the chief architect of the 120 plus shell corporations that the biden family use to send foreign millions to divide amongst family members. there are so many issues here, the president said the at beginning he knew nothing about his son's business dealings. we know that is a lie. he said then he wasn't involved in his son's business dealings. we have seen otherwise now. longs like he probably benefited from it with more than $240,000 of quote loan repayments from james biden to himself. stuart: is that enough to impeach? >> well, we're following the facts, stuart. i will not get the cart before the horse. we are pushing towards an impeachment inquiry that will help leverage the enforcement, to push this administration to stop stonewalling us. there are several witnesses at the justice department and fbi and irs needs to come before congress to answer questions. however the high-ups in the administration is refusing to bring them forward. there is additional documentation that we need to
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see in order to move forward. stuart: has hunter biden agreed to appear behind closed doors? >> we subpoenaed him to appear for depositions on december 13th. it wasn't an offer. it was a subpoena. i hope that he honors that subpoena. if not, we will hold him in contempt. stuart: one last one for you, sir, jamaal bowman has beete to? >> i did vote to censure him, it was a bipartisan vote which is something important to note. this gentleman obstructed official proceedings by purposefully pulling a fire alarm during a vote on the house floor to try to delay that. that is a crime. he pleaded guilty to the crime. he needed to be censured for it. stuart: got it, jason smith. stuart: chairman of important house ways and means committee. we always appreciate it. >> have a great weekend, stuart.
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stuart: yes, sir. biden is delaying his menthol cigarette ban. ashley, why did delay the ban? ashley: he got a lot of political pushback, and warnings that the move could anger black voters who have been drifting away from the president in recent polling in fact polling for a while now. the administration planned to file a ruling this past august t was delayed this next month in january, now the announcement expected next march. the fda announced new standards last year for menthol cigarette ban, a move intended to crack down on disease and death from a product that was originally marketed towards african-american smokers. according to the cdc among black smokers, 81% opt for menthol cigarettes. not only is biden facing political blowback, but critics say a ban would create a shadow market for these types of cigarettes and ship manufacturing to china. stuart: inevitably. what do you say to that, lou? >> i think it is reprehensible.
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as a leader you have to do what is right, not necessarily popular. no data that can support any decision but to ban menthol cigarettes. 81% of menthol smokers are african-american. menthol cigarettes have higher nicotine which leads to more addiction. we know the hello benefits, not benefits, health affects of smoking there is nothing in this policy to push it ban down the road. stuart: shouldn't we ban all tobacco? >> i think so. stuart: really. >> that is extreme, right. it is prohibition at some point look what we're dealing. migrant crisis will cost the city of new york. what is the cause of that problem? the border. we'll not spend any money on the border. what is the cause primarily of lung cancer? it is tobacco smoking, right? if we're out to do what is in the best interests we should make it much harder for those things that impact people negatively to do. fentanyl. drug use, this counters, cross
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to push legalization of marijuana and more drugs. we saw the county out in the another west that legalized all drugs they had to pull it back because it was too endings dream. hippocratic oath, first do no harm. stuart: lou basenese, the prohibitionist. >> i don't know if i want that moniker. stuart: we have more for you. ashley, senate republicans blocked some gun measures. which gun measures they blocked? arnn ashe they blocked efforts by democrats to pass an assault weapons ban and universal background checks. senate majority leader chuck schumer called gun violence a national crisis. the american people are sick and tired of enduring one mass shooting after another. the assault weapons legislation would have banned semiconductor rifles with attachment but republicans say it infringes on the second amendment and deprives law-abiding gun owners after very important liberty. the issue of background checks
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being debated with democrats pointing to a "gallup poll" last year found 92% of americans require favoring background checks for all firearm sales but republicans say the unintended consequences will infink on americans basic rights like a father who wishes to pass down a hunting rifle to his son. so they blocked those two efforts, stu. stuart: let's have a look at the market. we have the dow in minus territory. i'm looking at a four point loss for the dow jones industrial average but the nasdaq still doing very well indeed, thank you. in d.c. businesses are spending big bucks to hire private security to combat rising crime. we'll bring you the full report. south carolina removing disney from their state investment portfolio. they're fighting back against disney's woke policies. the treasurer of south carolina will tell us more after this. ♪.
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(sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ stuart: bitcoin is holding at 43,600 bucks.
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the nasdaq is holding to 131 point gain. the dow turned south to the tune of nine points. lou basenese still with me. he loves small biotech companies. looking at this company. >> this tracks the smaller index of biotech companies,34 small compelling biotechs in this et. if i don't person any own it, we don't do any banking business with them. the valuations have come down very severely but these are companies providing vital services drugs to cure cancer things like parkinson's disease. a lot of big pharma are acquiring these companies because they are at compelling valuations. abbvie made two purchases, $2.8 billion. they're coming out in force to scoop up these bargains. this index rebounded since the end of october but could double to the price of pre-covid
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levels. stuart: xbi simplify the whole thing. >> sbi. stuart: what is this with the technology. >> biotech and artificial intelligence. gsi technology is artificial intelligence. we saw amd rally tag on their new chip. i think nvidia will not be the only game in channel for a a.i. chip. they have a chip down the road that compete in 12 to 18 months to compete with bigger players. you're not burning a lot of cash. it is a low risk, lower risk opportunity to get into a.i. that is definitely under the radar. stuart: you're taking a flyer on that one. >> yeah. stuart: gsi. thank you, lou. rising crime in many businesses are being forced in d.c. to hire private security. griff jenkins joins us. how much does this cost, griff? >> an arm and a leg stu. it is stunning the crime crisis happening in the city. one owner, owns 11 restaurants
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across the city. he can't pass off the private security costs like he had to do for inflation because this is a unique experience. he is trying to not pay, pay off to the customers and he says in some locations he is paying more for private security than he is even for rent. the taco stand behind us, 4,000 a week. listen here. >> $4,000 a week here is insane. it is not sustainable. hopefully we can get through this crime crisis and we don't have to do that in the future. the total amount of money we spend on security for this year, at all the locations, was over $450,000. >> reporter: that's a half a million dollars, stu. the numbers you see here are staggering. 254 homicides so far this year, 32% increase compared to last year. highest in two decades. then carjackings, 928 carjackings. three out of four involving guns
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with only 164 arrests on the year. they're not prosecuting people. that is why bo is so frustrated as a business owner, a restaurant owner. by the way, leave you with this, stu. bo told me just this morning before he came over here to do an interview outside of this taco stand, across from his office at american university, a popular spot in d.c. he had a carjacking of an amazon truck early this morning. unbelievable what it is doing, impacting businesses. stuart? stuart: you got that right, griff jenkins in the middle of. thank you very much griff. i have more on disney and their work policies. joining me the treasurer of south carolina, curtis loftus joining us now. why did did you pull state funds out of disney. >> we've been watching disney for a while. seems like they abandoned fiduciary obligations to their investors.
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movies don't perform. if i recall correctly there were seven movies in 2019 broke a billion dollars. 2023 there are none. stuart: is this a political move or a straightforward economic move because you don't think the stock will do well? >> it was straightforward and economically is one of the reasons we did it but the biggest reason, the straw that broke the camel's bag when bob iger gangs up with media matters along with walmart and ibm and the whole gang of billionaires and tries to destroy a legitimate business in america. twitter now known as x. i don't use it but i don't understand why billionaires think they can dictate to the middle class folks what they can and what they can say and what they can't say. it just doesn't make sense. stuart: how much money are you actually taking out of disney. >> we had $105 million of debt of them. that is rolling off. we're looking at the equity
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portfolios. two tranches that will take us a few weeks to go through that. i'm not sure what the amount of that is. that comes out after 6 billion-dollar equity portfolio. it could be a significant amount. we'll not cause disney any real harm. i want other people to see you can stand up to these people and you live to invest another day. there are plenty of good investments out there that are -- disney. stuart: you're the treasurer of south carolina and you support trump in 2024. nikki haley is a former governor of south carolina. why do you not support her but you support trump? >> you know i've known nikki a long time. we served together. i like nikki, consider her a friend but it goes back to the same reason we dumped the debt instruments with disney. i'm not going to be beholden to the billionaire class. nikki unfortunately is. larry fink, jamie dimon, bob iger the whole crowd, they are the ones out there raising money and you know it's, they're going
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to be the people who decide what happens. we got to stand up to -- [inaudible]. our country was not founded on the principle of billionaires running thing. standing on principle of large working middle class being in charge. that is why we have a democracy. we have to stand up. my friend nikki knows how i feel about this i'm definitely for trump, you're the only man, woman or beast on this planet that will stand up to what you have to do in washington, d.c. stuart: man, woman or beast, i like that expression. curtis lost tis, treasurer of south carolina. we always appreciate it. >> yes, sir. stuart: taylor swift and ear eras tour have made history again. ashley, what has she done this time? ashley: what has independent she done. no big surprise, according to stubhub. eros tour biggest event of the year based on ticket sales. stubhub's most searched artist of 2023.
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she is "time" magazine's "person of the year." she has become a billionaire this year. she is the first woman to hit 100 million monthly spotify streams. now the accolades go on and on. she is also the most searched art on stubhub platform. 120 million views over coldplay the second most searched act. the tickets after $1088 each. nfl is getting boost with her relationship with travis kelsey. that forced ticket sales in the nfl to skyrocket. by the way she does not own the number one spot for the average ticket price this year. that belongs to adele, whose ticket prices are $1200 each. there is just one thing she is not number one at. stuart: astonishing numbers. ashley, you opened to my eyes. coming up president biden's
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approval rating plummeted to a mere 37%. why? is it his age, the economy, the border? we'll dig this into it. mayor adams heads to washington he doesn't have a meeting with biden on the schedule. we'll tell you what the mayor will be trying to do in d.c. that's next. ♪.
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stuart: on the markets this morning the nasdaq is still doing very well indeed thank you very much. 165 point higher. interest rates in the 10-year treasury edging lower. the nasdaq likes that. the here is story i would like to find out more about, amazon no longer accepting venmo as a payment method. venmo says it is do to recent changes. ven know will be available for users that have it. okay, amazon will not take venmo any longer that is the news.
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no impact on amazon that i can see. now this, a large number of residents in new york city concerned about accommodating the surge of migrants. are we all appalled, ashley? ashley: 85%, that is a pretty large number of new york city voters are either very concerned or appalled or somewhat concerned that the city will not be able to accommodate this surge in migrants. that is according to the latest "quinnipiac university poll" that also shows that 62% of voters agree with new york city mayor eric adams' statement that the influx of migrants will destroy the city. adams as we know has been arguing for months that the federal government is not doing enough to support the city. well the survey shows voters agree with 80% saying the federal government should be doing more to help out the city. by the way the city has received about $140 million in federal funding migrant shelters so far
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more than any other city not on the southwest border but still not enough. stuart: thank you, ashley. what do you say to that, lou? hard to believe 85% of voters agree on one thing. you love country music. we're putting a bandaid on the bullet. the source of money is the bullet holes at the boarder. that government aid should absolutely go there to shut the border. it will slow these problems very quickly and be a bankruptly. throwing money at this end will not fix it. stuart: 2 will encourage it you're right. new york city mayor eric adams is traveling to washington, d.c. he wants more money to fund the city's homeless crisis. we got it. ashley will not meet with biden in d.c. who is he meeting with in d.c.? >> reporter: that is right he is not meeting with president biden and expected to meet with senate majority leader chuck schumer as well as biden administration officials to talk about the migrant crisis right here in
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new york city but not meeting with the president himself despite asking for billions of dollars in taxpayer aid. this trip to d.c. is coming at a tough time for the mayor. he is falling in the polls and also facing a federal investigation in terms of corruption charges. when you look at that polling, what we're seeing is that 28% of registered new york voters approve of mayor adams' performance while 58% disapproval. that is actually the lowest job approval rating for any city mayor since quinnepiac began polling in 1996. add to this now the new york city comptroller is stripping adams 'ability to strike emergency deals for migrant care and health this comes after the mayor's administration signed a deal with docgo, that is a medical company that specializes in ambulance ambulance, covid testing, covid vaccinations. they got a reported
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432 million-dollar deal to relocate, house and care for migrants. they're in charge of the center here behind me. we're talking about a lot of money. that sounds like a lot. overall when it comes to the migrant crisis it will cost new york city $15 billion over the next three years and the budget cuts to the city, they have already started. >> we're pulling firefighters. we're cutting education service. we're cutting police officer headcount. these are doomsday scenarios, death spiral. >> reporter: and what we're already dealing with on the ground is bad. 666,000 migrants are in the care of new york city, with what bill heard about on the border what i heard about the border they want to go to asylum cities like new york. more people come, adding more headache to mayor adams' plate. stuart: what a mess. thank you very much indeed. the border patrol is using artificial intelligence to crack down on fentanyl trafficking.
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how does that work, ashley? ashley: the border patrol is using a i eye to track down the precursor chemicals use used for production in mexico. using the a.i. they can map how fentanyl ingredients are assembled and shipped to production sites. the software maintain as database that outlines the complicated relationships between companies and facilities all in the fentanyl supply chain. tracking chemicals and the network of shell companies that ship them has become a critical part of breaking up the fentanyl trade. but it is a daunting mission. a.i. is starting to have an impact but the individual chemicals used in the making of fentanyl, stu, by themselves are not illegal. that just adds another layer of complication. stuart: yeah it does. ashley thanks. there is still time to send in your "friday feedback," send in any questions, comments, criticism, we'll take it. let us know.
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varney viewers.com. the climate crowd wants to crack down on your meat consumption. alysia finley says they will not stop there. they want you you all to give up your material joyce. ace columnist alysia finley from "the wall street journal" joins us next. ♪.
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stuart: here's a headline for you. it is from "the wall street journal" first they came for the cars, then for the cows. the climate lobby is aiming to use taxes and regulation to limit your meat consumption. allysia finley wrote that and alysha joins me right now. are you talking methane and cow flatulence here, is that right? >> right. the problem here the problem the climate lobby has identified, cows, livestock, generate about 17% of the greenhouse gas emissions. so it is really not enough just to make everyone drive electric cars or to eliminate fossil fuels. to reach the promised land of
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net zero you basically have to eliminate cows. stuart: but surely there will be some pushback to this, isn't there? when they tried to ban or change gas stoves there was a lot of pushback on that. now there is cows, farming, there is pushback here all the time, isn't it? >> i think that is right. what you saw in new zealand they tried to impose a tax on dairy farmers according to how many cows they had and their emissions and in fact the labor government that tried to do that lost in a rout in the last year's elections because of it, because of the pushback from the dairy farmers. you're seeing resistance mount in other places like the netherlands where they're doing a buyout. so imagine that they're paying cow farmers or dairy farmers and livestock farmers not to farm. basically what they're doing is essentially what the, same playbook they have done with the fossil fuels. use regulation, taxes, subsidies
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to raise the cost of meat. they're not actually trying to ban meat. they're trying to raise the cost so no one can afford it. stuart: president biden's approval rating dropped to 37%. why do you think he is so far down in the polls? >> well i think it is the economy, the prices continued to increase. price levels haven't gone down. they're just moderating instead of going up like 9% a year, now they are just increasing by three or 4%. also, i don't think, i think -- we've been seeing with the ukraine war drag on as well as the conflict in israel, that biden was supposed to kind of bring a calm. instead we're seeing more conflict around the world as well as on college campuses. we're seeing more polarization, more division, more actually radicalization and i think, people weren't expecting that. people voted for biden in part because they believed he would be a calming influence. he would bring moderation.
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everything we've seen is it is just the opposite. stuart: allysia finley, ace columnist at "the wall street journal." thank you very much for joining us. don't be a stranger. come back soon. see you later. lou basenese, talk to me about "bidenomics." voters are not buying night i'm with the president i don't know what the hell it is. he is not sure. that is the trouble. you come up with a simplified slogan to explain complicated economic policies it can backfire. you're seeing that now. contrast with president trump, build the wall, cut taxes, drill, baby, drill. that is straightforward. certain people can get behind that because they know what it means. stuart: thank you very much, lou. time for the thursday trivia question. how many americans served in world war ii? 15.4 million, 16.1 million, 1.9? that is a very good question. i think i know the answer. we'll be back after this.
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giving you a complete picture of your best options. next, we'll help you compare benefits. compare costs. it's easy. and when you feel good about your selection... we'll sign you up. done. and. done. remember, the annual enrollment period is here... and it ends on december 7th. so whether you're looking to save money, or find better coverage... let's do this. let's go find your medicare plan. call us today and speak with one of our helpful, hellomedicare licensed insurance agents. hellomedicare. say hello to an easier way to do medicare. stuart: today is december 7th, a day that will live in infamy in the words of franklin delano roosevelt. it is pearl harbor day, pearl harbor remembrance they.
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how many americans served in world war ii? ashley, you first. ashley: number 2, 16.1. stuart: lou. >> i think 16.1. we when i will go with 15-4 on the grounds that america had a population of 125 million back then. i was wrong. 16. one million. the us entered the war december 8th formally declaring war on japan. other axis members declared war on the us shortly after the first us troops arrived in january. now you know, on pearl harbor day. ashley, guaranteed to see you tomorrow because we have friday feedback. sending your criticisms, your hate mail if yesterday, your thoughts to varneyviewers@fox.com. time is up for me, coast-to-coast starts now.

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