tv Cavuto Coast to Coast FOX Business December 7, 2023 12:00pm-1:00pm EST
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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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>> in the end the most important thing people want out of a president is to be honest. not going to agree with you but let's beyond asked about what is going on. >> the goal of a debate is to speak the truth in an unvarnished way. my political strategy of how to win in the end is speak the hard truths especially those the media is unwilling to confront. >> when you start getting attacked, you are surging. we see it in the polls in iowa, new hampshire and south carolina. we want to make sure we get a new generational leader that will get america back on track and people see that and my opponents saw that last night. >> what is happening on the ground in iowa is incredible. it defines what the dc media is trying to do but you have to win a majority of delegates. neil: they are still going after each other, doesn't stop. neither does the name-calling or money raising. we discovered something.
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doesn't matter who is profiting off of the debate are raising money off of the debate. early indications nothing can stop nikki haley. sorry, vivek ramaswamy, five weeks into the iowa caucuses, let us follow the money. welcome, everybody, i am neil cavuto. let's go to the national politics reporter and the wall street journal editorial board member. it it's all about the follow-through the next day and candidates want to pound the fact they are winning. who is gaining the most. >> today, it will is governor ron desantis. as someone who covered the past three republican debates we saw a ron desantis perform well but didn't stand out. he got lost in the fray, got into the background a bit but he had a strong night.
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talking to his team last night they seemed to agree. where does ron desantis go from here? we still see donald trump dominating republican primary polls and there's 6 weeks until the iowa caucuses. not a lot of time to close that gap. neil: much was made about nikki haley and the financial interest she's generating and big donor support. any one of those on stage would welcome that support. it can purchase a lot of ads, a lot of publicity, ground game advantages. will it make a difference? >> i am not sure. it looks to me like the debates are a slideshow. it was unfair, donald trump decided not to participate. that marginalized the candidates.
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they haven't helped themselves by attacking each other. they don't even need to attack donald trump. they should be telling the american voter what they are going to do, how they are going to improve the economy and our standing in the world. biden goes unmentioned at these debates. that is the one thing all republicans agree on. they would be better spent saying why they are the best man or woman to go against president biden in the general election. neil: i try to figure out the strategy of each going into this and i am at a loss what vivek ramaswamy's was. he doubled down on crazy. that might resonate with some, he insisted a lot of people tell him he has done a great job. my crew tells me i am doing a great job. what was the strategy?
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>> this idea that vivek ramaswamy is trying to appeal to trump world, even donald trump himself. that could be part of for this. what ramaswamy, to put it simple, very online, appealing to a very online populist portion of the electorate or viewers of last night's debate who wanted to see that. in terms of how it impacts caucus goers in iowa or primary voters in new hampshire i don't think it did him any favors. these caucus goers, these primary voters want to see who will be the most presidential person, the best to take on president biden. chris christie was able to demonstrate that in defending nikki haley. nikki haley had this strategy to be presidential, to rise above the fray.
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desantis stayed focus on policy. he and nikki haley went at it. it never got possible. it was just on privacy. vivek ramaswamy's strategy is unknown but seems to be appealing to a very online crowd. neil: we shall see. we did get a sense where the candidates are placing their bets. ron desantis laid it out. placing 7 won't be good enough for him and he has laid that market down. if you get a sense for chris christie everything hinges on new hampshire, that is the stage that are. where do you see it going? >> i think they are right. it is no longer good enough to come in a strong second to donald trump. if they want the republican nomination they have to beat donald trump. desantis has to win in ohio or his campaign is dead, same with nikki haley.
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it does no good to come in a strong second. these debates look like a sideshow, they don't matter. i don't think they are even try outs for vice presidential slot on trump's ticket. the only one i can imagine taking that would be ramaswamy and i'm not sure it would be offered. i think they have to win to prove they are a winner. the way to do it is to campaign on the one thing all republicans agree on which is president biden must go, his policies are bad for the country and we need someone who will offer part of it and be persuasive how to get the economy back on track, how to fix the border, what to do in the middle east and so forth. so far they are sniping at each other. neil: final word on this, bill? my crew passed along that you
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did a great job. thank you guys. in the meantime, thank you, under fire right now, the reaction whether there is anti-semitism on campus and could be in danger of losing their job. hillary vaughan appeared on capitol hill. >> they defend themselves against accusations they are not doing enough to defend jewish students on campus, anti-semitic attacks and attacks of violence but instead of condemning anti-semitic calls to genocide on their campuses. they had cause for mass murder of jews depends on the context. >> the easiest question to answer. >> if the speech becomes conduct, meaning committing the act of genocide. i will give you one more
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opportunity, does calling to for the genocide of jews violate the code of conduct when it comes to bullying and harassment? >> it can be harassment. >> doctor gay at harvard calling for the genocide of jews, violate, yes or no? >> it can be depending on the context. >> that put the universities unnoticed by congress in more trouble. the universities are doing damage control. liz mcgill posted an apology video but didn't include the words i'm sorry are i apologize. >> i was not focused but should have been, it called for the genocide of the jewish people, that's a call for the most terrible violence human beings can perpetrate. it is evil, plain and simple.
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>> reporter: harvard's president tried to clean up her offensive statement saying calls for jewish genocide are, quote, vile and people who do so will be held to account but the question is if a college student can be assailed to saying that, can a college president be fired for not condemning it? will these college president be held to account and fired from their jobs? that's a question lawmakers had on capitol hill and lawmakers are interested in possibly taxing universities billion-dollar endowments or withholding federal funds if they are going to perpetuate this behavior on their campuses. neil: the real pressure is from big-money donors. >> a lot of donors are not getting a dime until there's a rebuke of any of this on campus and an effort to create a safe space for jewish students as well. adam: the israeli prime
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minister benjamin netanyahu's spokesperson, good to see you back. how do you feel about this debate whether ivy league school presidents did enough to address anti-semitism, something donors are saying you've got to go. >> what we saw is ridiculous. that is why we see them putting out statements to minimize damage that this hearing has brought forward. they are trying to hide behind first amendment speech but it is not that they are advocates for free speech. we know that they would restrict certain lectures, demonstrations, certain types of speech against other minority groups or individuals and whatnot but somehow the jews or anything associated with israel doesn't get the same protections. it is free-speech or free-speech for all and we must
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be less sensitive about things or your double standard is showing. neil: what do you make of this women's group that only now is condemning the hamas attacks, particularly against women 8 weeks later. >> i can tell you i had the honor on monday to mc this event. these women, first time when hamas terrorists abused them. second time when they put the bullet in them and we will not allow a third time to take place. there are different areas of hypocrisy, staunch advocates for women's rights calling for investigations, reports and numbers of hamas at face value, the denies refused to
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acknowledge the abundant evidence presented back in israel and here in the united nations was ridiculous. it is outrageous what happened the. neil: a lot of these are recordings for hostages that have been released and other hostage families had a chance to meet with benjamin netanyahu, they were not happy. nerves are raw, i get that but there's frustration especially among those who are still held. the war rages on. >> we all are worried. what happened to this baby? we want to see them back, we
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have one hostage, a female, her mother is dying of cancer. we need them. we put pressure on hamas. neil: this doesn't broach happening until we see another pause. >> the only reason why we haven't seen hostages so far, and -- neil: no pauses or anything like that. >> if you release more, remember the framework. on j eighth, a new group of hostages to be released and they fire at us. we continue to make advancements, in one strategic location where hamas has a lot.
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the mastermind of the october 7th, operated on which this terrorism has emerged, we will not stop until little emanates -- neil: the criticism it has gotten is an extended attack, to get out of that region, can't win with the money on this, how do you answer that. >> don't want to see civilians caught in the crossfire. this is a war hamas has dragged us into. that any western military has done, we see the evacuation zones, they have gone granular
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and ahead of time, is this unheard of? families and friends of us armed forces watching it asking what military announces where it is going on when it is going, we do that. neil: see how it goes, family members and friends and colleagues. in the meantime we follow other developers closer to home including, the market is doing what they are doing is a reflection as they see light at the end of the tunnel. interest rates are coming down, mortgage rates coming down, glen kelman is here, more than what we are seeing after this.
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glenn, is this going to continue? >> there's going to be a break in the weather. i've been on the show a few times saying real estate is dead as a doornail but needs to come down 100 basis points and listings are going to increase in january. we are talking to so many customers getting ready to put their home on the market. home sales are going to go up, home prices are going to come down, holding steady for a long time. affordability is a real issue and maybe we will get a break. neil: those in their homes need to put them up for sale and reluctant to do that is interest rates have been rocketing and where am i going to go because i have to purchase something, that is changing. >> it won't be a seachange but it is changing modestly,
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selling people who are rate locked in their home where they will never give up the 3% mortgage they got. but there's some pent up demand, stable level of people who need to move and 4 million existing home sales, really are locking up the market. it's not a huge one, just a little bit of one where more inventory on the market, prices will come down a little bit, rates are pretty low. we will see more sales activity. the problem will be buyers expectations are through the roof where they expect to get a screaming deal and prices only come down a little bit. sean: at realtor.com said by the beloved next year we could be looking at 6.5%. are you that confident? >> not as confident as they are.
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that could happen. so hard to predict what will happen with the fed or these overseas roars. there's a lot to worry about in the economy but there's broad consensus the fed will start stepping back, the bond markets and mortgage markets trading ahead of that. neil: of people have jobs they are more prone to spend. as you pointed out, can you see more potential sellers in this market? testing the waters saying now is the time. not as great as i would like but better than it was. >> we are seeing slightly more sellers. our listing consults are up 14%. no one wanted to list her home between thanksgiving and christmas. he would have to have a holding your head to do that but most
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are exploring whether they want to get into the market early in 2024. with rates shot through the roof maybe they would call the whole thing off but we are getting a lot of listings in the market which is the basis of my optimism. for so long we haven't had enough to sell. not just a problem of demand from buyers but supply and there could be a slight improvement. that's cheerful for the holidays. neil: decorated to the 9s, in radio city, a dazzling time to make an appearance, what do you think? >> i wouldn't recommend it because the buyers won't be out in force. market down for the holidays, there will be some end of your shoppers doing it for tax reasons but putting your home on the market, having people go past the christmas tree or
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menorah can be a little disruptive. neil: money is money. always good seeing you. have a wonderful holiday. the big boss, scott martin with us now. scott is one of those homeowners with dazzling potential buyers. >> recovering home owner, who decorates their home. any tree over your left shoulder. what a great do. neil: he's not getting crazy. how do you see things? one of the phenomena going on is not the lower rates we haven't seen, 10%, looking at that, i am looking at bitcoin on fire, 43,000. that seems incompatible. >> it seems compatible at times
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but not others when you think of the real deal behind bitcoin. a few months ago bitcoin was supposed to go to 0 after thinking it was going to go to 100,000. it is that whole theory you talked about. some of the wars and things, the tumult out there, the flow we talked about, the traditional alternatives, my alternatives i grew up on back in the day, it is bitcoin and ethereum. neil: the overall december market, the santa claus rally continues. others say at the presidential election year is good for the markets. >> the best year of the election cycle is year 3 and year 4 depending on the political environment which i believe the market will preempt
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the seachange where we have a seachange with regards to the white house. the market probably looks at that in a better business environment, some pretty bearish, they are still out there saying this is a fake rally. consumer is in big trouble, no one will decorate their homes, we are decorating. better than ever. more beautiful than ever. the more we have, the markets are in good shape and rates are coming down, stabilizing. they stabilize, that's different from the last two years. neil: thank you very much. new york mayor eric adams in unique company. there's never been a company like this. he has the lowest approval ratings of any mayor in new york city history including the
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>> december 7, 1941, a date which will live in infamy, the united states of america was suddenly and deliberately attacked by naval and air forces of the empire of japan. neil: call to arms by the president of the united states that will change history as we know it and know it since. do not assume something has horrific as that can happen again. a very intriguing piece in the new york post today, the center for the national and senior director, good read of history saying if i had it right that china is the one to watch the
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could play in japan type pearl harbor move today but a lot more planning, decades more planning, you can explain. >> thanks for having me. what the chinese have done is studied history for decades. in 1995 during one of the taiwan -- bill clinton sent aircraft carriers to deter china from attacking taiwan and china couldn't find amusing intelligence capabilities so the chinese on this decades long quest to figure out how to defeat the united states in a war. what would be our strategy. the chinese, not having military capabilities they have now said we will build a lot of ballistic and cruise missiles like many have done to ensure if there is ever trouble in the united states we would pummel us bases in japan, okinawa and
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guam and be able to destroy all our aircraft carriers and naval warships. now the chinese have capabilities to destroy a lot of intelligence assets like satellites. within a few hours of china wanted to, because doing this over decades they could destroy the vast bulk of our forces in the asia-pacific. we have to travel thousands of miles and fight our way back to get in a fight over taiwan and the south china sea. neil: the quick turnaround is the pact of mutual destruction, we may be thousands of miles away but wouldn't be gone militarily. it would be a back and forth that could be ruinous, something that would not be the case when the japanese risk going after us to preclude our involvement in the war. what do you think? >> it would be the epic struggle of our time. china is a greater threat than the soviet union. if you look at the military
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capability china has developed, they stall f 35s and f 20 technology. they have aircraft carriers, the reason, they stall technology from a lot of military contractors from the united states. they are stealing military superpower dominance and trying to use it against us. it would be the epic struggle of our time. i don't know if we would win that fight. that keeps me up at night. neil: they also have technology that would make our defenses useless. could incapacitate them. that's a little scary because whatever response would be not off i because we couldn't respond. that, i don't want to sound like a black helicopter guy but we don't know what they are doing on the moon. we know they are busy in the
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space unlike any country on earth. what are they up to? >> with the chinese are doing, they are focused at looking for any monetary weakness we have, use it to exploit against us. think how dependent we are on gps, that is dependent on satellite technology and the chinese going back a decade tested missiles that could knock out satellites in orbit. that the biggest threat because us military dominance is built on smart bombs but if you can't put a bomb, target the military's modified. we go back to analog technology. they are trying to find ways to exploit them. stuart: neil: it is a riveting piece. there were a couple guys before pearl harbor who were whispering about what japan could pull off and they were dismissed. in retrospect they were prescient.
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i hope you are wrong about this but it is something to watch. thank you very much. in the meantime here, the young are restless so where are they going? not to democrats and not to the president. so where? ♪ last christmas i give you my heart ♪ but the very next day ♪ you gave it away ♪ this year my money should work as hard as i do. that's why i used my freedom unlimited card every time i get gas. [laughing] get a little slack on pump three!
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most liberal of liberal cities, 28% approval rating. no mayor, very rarely republican or democrat, has ever pulled lower. disorderly but it is telling. president biden continues to slip slide away in the polls and a lot of democratic initiatives that were once popular are for our from it including voter anger over not thinking of the migrant crisis was real or big deal. people like eric adams there was a big deal. where is all this going? democratic campaign strategist and for biden 2020 campaign surrogate gives his thoughts on this. as a surrogate who likes and supports the president, this trend, does it worry you? >> it has to be taken in consideration of what polls are, snapshot in time a year out from the election, the trends that are encouraging to me are the over performance of democrats since 2020 where
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we've won on all those abortion fights, over performed in the midterm elections, actually increased senate seats for the democrats, one of the first time since fdr. polls are concerning, we have work to do in a lot of demographic groups, younger people, african-americans, hispanics, polls don't vote as the president said, people do and that is encouraging to me heading into 2024. neil: i hear a lot of democrats hanging their hat on abortion again. don't know how much you can squeeze out of that and for how many races but besides that there is the economy and this perception that americans don't share the great economic news the president talks about with their everyday lives. what happens then? >> it is a good point. we can talk and we talked about this before. democrats get stuck in statistics go we talk about
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this incredible job market and wages are outpacing inflation for a lot of sectors, gases at and near low of last year and 1/2 but if the american people aren't feeling that around their dinner tables or in their pocketbooks, that is a problem. the president will continue to make the case to the american people, we have to break through and change those views which is going to take time. neil: i hear republicans ripping the president as if it never happened under them. it would be like me shouting at someone to eat a salad, don't go there. i don't think so in your case but the big picture, if donald trump is the nominee, all bets are off no matter how bad things are for president biden and the economy. is there a sense that president biden is a drag and donald trump can get back in, all of
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had the controversies in court cases notwithstanding? >> an important point. look at the american electorate, 40% of the american people are firmly behind president biden, 30% firmly behind donald trump, that 20% in the middle that don't like both candidates. it's a question what happens with those 20% especially in a handful of battleground states. the president had a winning message in the midterms when he talked about the state of american democracy in the attacks on the nature of our system of government heading into the november election. he got panned by a lot of democrats were doing that, the speech gave in philadelphia but we saw that resonated with voters. it will be the same in 2024 against this existential threat to the american people and american form of government that donald trump poses. neil: still early, we have a ways to go, great seeing you again.
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edward lawrence on something else the biden administration, continuing to stand tall -- cancel student loan debt. >> reporter: piece kneeling together his student loan forgiveness. they are changing the rules on existing programs to expand it to millions more americans. they announced it would affect 80,300 people to tune of $4.8 billion of taxpayer money. this brings the total loan forgiveness under president biden 2 $132 billion, touching 3.6 million americans. critics say the choice to begin with. >> we made our kids borrow to pay for college educations and that people like the president of harvard run costs through the ceiling and basically conduct irresponsible programs that leave many of them unable to support themselves. >> reporter: the president
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failed to energize this young group of voters, the president's job approval rating at 3. 7%, that's overall paul but you get the idea, the president sent an email to borrowers who received forgiveness as the administration finding a way around the supreme court ruling on june 30th, that day, the education secretary signaling it wouldn't stop. >> i strongly disagree with the court's decision. today i want to ensure students, borrowers and families across america our fight is not over. we are taking action. the president, vice president and by what borrowers first. >> reporter: they have 30% of what the president tried to get forgiven was $443 billion. neil: thank you very much. to jackie deangelis in new york for a big ai summit.
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jackie: we are at the ai summit in new york city where innovators come to showcase their technology and collaborate with each other. i won't lie to you. i've got a few tricks up my sleeve. talking avatars, maybe a drone here and there. tune into "the big money show" at the top of the hour but first or coast-to-coast after this. ♪
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lauren: 20 artificial intelligence is the story of the year, google/out about is a beneficiary of the technologies out there, but if anyone's guess who the ultimate winners are and the threat here, professor emeritus at nyu. the mit alumni. we obviously have a brainiac with us. thank you for taking the time. >> thanks for having me back. i love being on your show.
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neil: there are more competences going on at the javits center, people trying to get their arms around it but even more are worried about it. they want to reign it in. is it possible that you can reign it in if you don't understand what you are trying to reign in. >> that is part of the challenge, why congress need to have scientist in the loop. i don't think most people have the training but they need to reign it in. sam altman was fired and brought back, a reminder we can't trust these companies to govern themselves let alone run the world. in any industry we need regulation. they don't necessarily have the expertise. we can't just let congress. we need people whose full-time job it is like the fda who have the expertise to figure out what the regulations are.
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and scientists like myself who don't have the best interests. stuart: is a too early to have the lead? google says it is gemini and gpt, outperforms. >> i see the big stock today. it's good that google got something out. there's a video that is edited. the realities and quite as nice as the video but if you look at their data, it looks like overall it is similar to gtp and has some profound implications. if open and i were the only player in the game, that would be one thing. if google is in the same game you have a dynamic where people are arguing on price and it is not clear. nobody has the technology to move against us. prices will go down as a commodity thing. the other thing that is
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interesting is google spent $1 billion. why didn't they spend 20 or 50 to blow open ai out of the water? there is no way to make the technology that much better. hitting a plateau or close to a plateau. it will eventually be something better. neil: as an mit grad, finish your thought. >> eventually there will be better ai that's more sophisticated than what we have but we shouldn't assume every week we will see something better. until there's a new paradigm, taking it as far as it can go. neil: mit in the news, ivy league presidents had not done enough to tackle anti-semitism and they seemed out to lunch with this. as an mit grad and a pretty well guarded one, how did that
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make you feel? they did a lot of dumb things. >> not the universities. the whole educational system is having problems. we need to teach children to have discussions with people they disagree with. in the era of social media we've lost that art. universities need to play a big role in cultivating and supporting students working together and right now they are falling down on the job. neil: that is very well put. we need to talk to each other, something that seems alien a lot of places. maybe you can plant the seed. thank you very much. >> thanks for having me. neil: the other ai players are racing along and that is helping a lot of tech stocks. after this. ♪
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