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tv   Varney Company  FOX Business  December 19, 2023 11:00am-12:00pm EST

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>> they're concerned that biden is too old and his policies are extremely unpopular. on the other hand dislodging a president of your own party is really, really hard. >> those in the white house that think that early intervention program fellation coming down -- inflation coming down means crisis is coming down, they need to go back to school and redo economic class. >> service connected retention issues right now and they're projecting in seven or eight years we'll be drastically short on staff. >> if i had one wish with the fed guys, they should stop their yapping. stop yapping. why don't they just stop. it's confusing to markets. >> there's no third party candidate that can go out and win, will they be a spoiler? yes, they absolutely could. david: we did this specifically
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for jimmy failla, who's in the house and talking to us in just a moment. meanwhile, it's 11:00 a.m. on the east coast on tuesday, december 19th. several years ago, my wife was born on this day so happy birthday, my darling. i'm david asman in for stuart varney. let's check the markets and it's a good day. happy birthday day for investors. dow jones up 182 points, nasdaq up 65, s&p up 19. show me big tech. how are they doing? we're always most interested in microsoft but unfortunately, i'm sorry, stuart, if you're watching, microsoft is down, so is amazon, apple, alphabet are up. 10-year treasury rates. 10-year is down just a bit, 1.8 basis points. still less than 4% and yield at 3.91 and now this, anti-israeli protesters in new york going after actor alec baldwin, watch what happened when he refused to
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condemn israel. roll tape. >> do you condemn israel for the violence? >> [inaudible]. you ask stupid questions. david: who better to talk about this than jimmy failla, who is here in the house. >> bang. david: we wanted to have elvis here, so we brought him. >> in spirit, i'm fat elvis. david: you're also a great writer and adept to be a very funny guy. cancel culture deck natural rights approach is your book and this is an example to me of can kell culture failing and it's on its last legs when alec baldwin looks good compared to a woke crowd, you know the woke crowd lost some of the umph. >> that's a really great point because can kell culture happens under the facade of false morality and they're trying to
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eliminate content, jokes, comedians and movies they don't agree with because they want the rest of the world to agree with because they're more virtuous. the cancel crowd is arsonist and they go in and set fires to claim vascularized lori harmon and virtue -- valor and virtue to look good. he has to go by middle name oj because his name is lincoln. good night, everybody. when you've lost alec baldwin, you've lost the country. first of all, this is where they're so misguided, aleck walled bin does not -- alec baldwin does not influence the policy of israel. he can't even get a ceasefire on his movie sets let alone in gaza if we're being real here for a second. alec baldwin is a guy we're given to making fun of quite a bit on this network, but the truth is he's right about this. what they've gotten used to doing, this is where cancel culture is overlapped with what
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you're watching with gaza, is they got used to just shouting people into forced compliance. there's never been a bigger gap between what people believe to be true and what they're willing to say in public. that's true because the backlash that would ensue from groups like this. you understand they really lost any credibility they have. david: it exposes more than anything else is their stupidity. >> yes. david: they really think they're going to get converted to their side by blocking the roads and making life miserable. >> they hate you. if i was a cab driver, and i might be based on the way this hit's going, if i was a cab driver in the day, would anybody convert me to their cause if they trapped me for six hours. david: i had a muslim cab driver, it was an uber driver that was curious, i was asking him whether the traffic was bad because of -- he was furious. on the side of the palestinians but on the side of the protesters trying to block him from losing money.
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jeff bezos say he and elon musk both think the universe needs even more people. listen to this. >> i would love to see, you know, a trillion humans living in the solar system. if we had atrial humans at any given time, a thousand mozarts and a thousand einsteins in outrebounded solar system full of life and intelligence and energy. david: and a thousand jimmy faillas. that wouldn't be a bad thing but because your competition would be even stiffer. >> it would go through the roof. that's important but understand this, one thing that elon musk and jeff bezos have in common, they can both afford a babysitter. a thousand more kids sounds great if you're sitting on $30 million. talk to me over hoar -- 30 billion. talk to me over here, i'm getting paid in chicken fingers right now. they're right about the need for more children but only if people that have been blessed with the privilege of raising a child,
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there's nothing more rewarding or fulfilling than raising someone who's a productive member of society that has empathy and ambition and contributes to a greater good. david: even if you don't have money, my wife is from nick rag way, they have a say -- nicaragua saying every baby is born with a loaf of bread. you make is work no matter what. >> they say every child is a gift. i got to be honest, i wish i kept the receipt for some of the kids many my family. david: oh, jimny failla, the book is cancel culture dictionary. it's a great read. cancel culture dictionary. >> there it is. david: thank you very much, jimmy failla. checking markets again and we're doing pretty well today as a matter of fact. 192 on the dow just keeps going up. nasdaq pretty steady about a half a percentage point gained and 75 points to the plus side and s&p up 20.
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david strew zinn seizure disorders is here and how do you pronounce your last name? >> struzeski. david: thank you. you're a bear and the fed has been greasing the skids or projecting or telegraphing they're going to be greasing the skids by lowering rates. is it really time to be a bear as we know what they're going to be doing in 2024? >> well, great question. you know, the question is ultimately, how close do we get to the edge, david, before we might fall over a cliff. for a lot of our clients that are 60 or older and they're entering retirement, i think it's really important that you assess how much risk should i be taking right now? the point is what jerome powell shared this last week is that the market is preparing for, you know, an easing in, this soft
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landing here in 2024, which i personally do not think is going to happen. i think we're in a cycle of soft landing right now, which marks the transition from a booming economy and where we're expanding and this smooth, you know, transition time frame leads to a recession. this coming year, we'll have a lot of deteriorating factors we were looking for in 2023 show up in 2024 and the reason for the delay on this, by the way i didn't see this. co-ing, was that we had $1.2 trillion of ppp and erc loans that were given to business owners. in other words the top 20% of america. so the people who have the greatest per pent seizure disorders -- tendency to spend money got cash. david: david, let me w push back for a second. if you have rates going down, i think think of a time as rates got cheaper we went into a
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recession. maybe there's one but the fact is it make it is more easy for companies to borrow and borrow more, create more jobs by expanding businesses, et cetera. do you really think we could vascularized have a recession with rates going down? >> someone that just has gone through the mortgage and working with two big fail banks and two businesses through them and a checking account since i was 13, it was very, very, very challenging for me to even get a mortgage, 30 year home mortgage, normal stuff, just a month and a half ago. i can tell you right now the lending requirements have changed significantly and this is where the consumer, in my opinion, has -- if you follow the consumer, you'll follow the trend of what's coming in 2024. we're 70% of the economy slowing down. can't get mortgages. more second and third jobs taking place here today than ever before actually. if we look at the 300 union strikes, this stuff is crazy. david: david, we have literally run out of time but i could talk
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to you for another hour about this. we appreciate it. have a wonderful holiday, david. appreciate is. >> thank you, david, you too. david: lauren, you're taking a look at google. there's an update on their settlement. what's up? lauren: epic games is saying that "state attorney general settled with google before trial to get a one time payout with no true relief for consumers or developers. consumers las vegas pay for digital goods for google's supracompetitive 30% fees for google play billing or 26% junk fees on top of payments. google is not involved in processing". the state settlement does not address the core of unlawful and anti-games and google will make changes to the google play store and alternate billing system can be used but only includes a dis-consumer of 4% from the google standard fee and that's why alphabet's stock is not selling off on this settlement.
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it's considered nothing. judge rules in j&j policy and saying tylenol might contribute to autism or other birth def defects. airlines in europe and 137s order in about 30 years. david: that's a great order. lauren, thank you. coming up, thousands of migrants continue to flood into eagle pass, texas. agents had the worst day they've ever seen and a new study revealing that general x has the worst generational wealth gap in history. is it too late for them to start saving now and catch up? economist harry dent is making a dramatic prediction and says markets will have "the biggest crash of our lifetime in 2024. we're going to be asking fellow economist john lonski if he's buying into that warning.
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for israel may remain in gaza but for the entire middle east, they're looking elsewhere to other threats more broadly from iran-backed groups in the region. we know the focus of the visit yesterday and u.s. secretary of defense lit austin on yes, ma'am and announced a u.s.-led ten country coalition to address growing threats in the red sea and agreement aiming to ensure freedom of navigation in the area and countering missile and drone attacks from houthi rebels in yemen. late yesterday to addition federal attacks on commercial vessels reported and after arrivarriving in qatar today, an said this about the evolving threat from yemen. >> go about this [inaudible] and our military will continue working together to increase in our ability and to support regional security.
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reporter: here in israel, the focus for military and government remains on getting remaining hostages out of gaza and on monday, cia directors met in warsaw, poland, to get another ceasefire and israeli prisoners out of gaza and cells in northern and southern gaza and death of two israeli soldiers announced bringing the total since the ground operation began to 131 israeli troops. now here in tel aviv, the families of some of the 129 people being held inside gaza are calling on the israeli government to get together a ceasefire deal and willing to do anything to get their loved ones home. david. david: trey, very quickly, were the israelis you've been talking to in the government and mail tear surprised they could still fire rockets on israel?
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reporter: some are surprised given the opposition to movement of air strikes and since octobed on the gaza strip and it's an indication of thousands of different launching points in gaza. david: trey yingst dug in, great to see you. thank you. turning to the war in ukraine, a warning from the pentagon saying the u.s. will be running out of funding for ukraine this month unless congress acts fast and approves the president's request for more aid. bring in retired general keyc.do you buy that they're goo run out? >> define running out. what's more than likely they'll have to go to other sources within the pentagon and other places to keep the flow going and then they'd have to back
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fill that so they'd have to count on congress funding the back fill as opposed to oh my -- think about it, right, if congress passed -- gave you a million dollars today, you're not going to go buy a million of 155 rounds. those rounds are there or not. money is not going to make a difference. so it does seem like there's some posturing going on here. david: another problem with the package there's so much in it and not only ukrainian aid and israeli aid and all this discussion about what border security for our border should be in there and should all these things be dealt with separately? >> well, they should be, and first of all, anything that is emergency or supplemental spending should always be a stand alone thing and this should always be a pay for and always, aster than growing the debt something ought to pay for that and standard way of doing
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that and encourage congress not to do this and two, encourage people from throwing bad things in these things and three, not balloon the debt. that's the way it should be down. it's not the way it will be done and look, a lot of people say if you don't support this, you're vladamir putin's friend. the reality is any member of congress, you're asking them to go home to their people and say we will do nothing to secure our border, deal with the millions of illegal people and terrorists and problems and sky rocking costs, but we're going to pay for other stuff. nobody can do that and it's not an unreasonable ask and if you insist on budget ling these in one package, you have to demonstrate to the american people that you're doing thingss that help them and not just people abroad. that's not unfair and unrealistic. david: doesn't mean you're an ally of putin. that's ridiculous. another one for you, colonel, north korea and china held high
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level talks after test firing intercontinental ballistic missile reportedly capable of hitting us in the u.s. and head of indo pacific u.s. command said he's "very concerned about joint military action between china and rush cha". what's the state of play for asia right now? >> i got to tell you, to be fair, this is one area where i'm actually sleeping better at night. the real issue is not necessarily the north korea arsenal, it's the fact that china is growing a nuclear arsenal that's going to be on par with the united states and russia. we've never had that, three massive nuclear powers facing off against each other. but this is one thing where americans have actually kind of woken up to this. the democrat party a decade ago and barack obama said everyone will get rid of their nukes and
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that's ridiculous and many for the triad and today they've changed their tune and commitment to modernizing and growing nuclear deterrent and there's bipartisan which i am the to missile defense and there's commitment to modernizing. david: i just want to move onto one issue before we go because they've got to let you go, but the issue comes back to the u.s. border and all those chinese migrants that are coming in through the border. tremendous increase, you think there's anything nefarious directed from the chinese government that lines up with the migrants coming in? >> well, last point, i was right all along about nukes. here's the problem, we don't know, we don't know who's behind the massive chinese migration or people coming from the middle east or anything. there's no capacity or situation y'all aware -- situational awareness on this.
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but the beyer global human trafficking network has been rerouted to bring everything to the unit. united states. middle east, chai narcs africa. they're coming. the numbers are people think the numbers are out of control. this is the beginning of the flood gates opening. on the number of people coming here. david: colonel, we've lost control of time and we have to take it and leave it at that. colonel carafano, thank you for coming in. 78% of voters say the economy is in bad shape. is that making them cut back on holiday shopping. a full report from chicago's magnificent mile coming next. ♪
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did i recollect look at these marks, we got a 200+ point rally in the dow jones industrial right now. it's fair to call it a santa claus rally, 221 points and upside on the dow, nasdaq up 73, s&p up 22 right now.
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show me big tech. stuart is, i thought microsoft might have pulled ahead and slight with fractionally in the negative. lauren: we've barely spoking about microsoft this week >> meta alphabet and apple on the plus side. 10-year treasury yield, moving by 1.5 basis points to 3.91. check the price of gold. the dollar comes down. gold goes up and now over $2,050. $2,059 to the plus, it's up $18.50 an ounce today and big jump for gold a. lot of people wondering whether maybe that's a sign of also inflation not being kicked off the poll yet. fox poll showing the majority of voters think the economy is in bad shape. kelly sabiri live from the
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chicago magnificent mile and what are shoppers saying about how the economy is affecting their spending? reporter: david, i got mixed reviews and some say they're shopping more comfortably and others are feeling the pinch. take a listen. >> i thither spending a little more this year leeanne that's year. >> inflation is up but the stock market has been up. >> everything is going up and it's reduced my spending amount this year. reporter: a new fox poll shows voters across party lines saying the economy is negative and the economy is the most pressing issue for voters and 14% say biden's economic policies helped them and 46% believe his policies hurt them. on the other hand more people say their personal financial situation has declined with 36% of people saying their situation is excellent or good. this comes as moody's analytics
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reports that household debt balances have reached over $17 trillion in the third quarter and up slightly from the previous quarter. david. david: kelly, thank you very much. economist harry dent making a dire prediction about the market next year. he says 2024 is going to bring, and i'm quoting him now, the biggest crash of our lifetime. economist john lonski is here. what do you think of dent's prediction? >> i think it's a little bit over the top. it's a daring prediction. david: i hope so. >> me too and i don't see any sign of that happening right now. the longer we put off this correction, eventually there's got to be a slow down or mild recession to stop the rapid growth of consumer credit and we've got to do something about the elevated prices in housing and rent and whatnot. david: even as the fed is reducing rates and say they're
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going to reduce three times in 2024. isn't that going to stall? >> i've got bad news. usually recessions appear after the fed begins toquet rates so i don't think the forthcoming rate cuts will stave off a economic downturn. that may be asking too much. david: the rates come down and cheaper to borrow money and companies can expand and use that cash in order to expand and hire more people, isn't that the opposite of recession? >> are they going to hire more people and engage in more capital spending if spending overall, if corporate ref knews are coming in well under expectations and that's the trick. how much longer can the u.s. consumer continue to spend at a rate that seems to well outpace the rate at which their incomes are growing? you sent me something about the retirement plans.
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david: let me tell you specifically what we're going to talk about, general xeres say they're going to need over $1.1 million to retire bummest only expect to have about $660,000. that's a $451,000 difference. the largest wealth gap of any generation. how do they make up for the lost time? >> cut back on spending and increase savings. that's all they can possibly do. i don't know, you know h are they going to go ahead and make that type of move? it's beyond me but it might well be this consumer spending spree that's been around 2022, 2023 may disappear in 2024. a year ago i looked at restaurant sales up nearly 10% from a year ago and final quarter of 2022. i said by the final quarter of this year restaurant sales will be lucky to grow by 5%. guess what, they're still growing by nearly 10%. there were perhaps more ex-kuss
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cash out there lingering because of the similar stimulus. david: by november of 2024, by the time of the election, are we going to see a good economy, what people feel better about the economy than they do now or could it be worse? >> i think it'll be worse. i think this will be a very rough year politically and creating a lot of uncertainty and i'm a corporation. i don't know what the tax frame work will look like. i don't know what the regulatory frame work will look like and will we have all of these subsidies for renewable energy for electric vehicles? those could be gone. i think the smart thing for managers, for corporate people to do is hold back on spending plants and staff and get the election out of the way. just by holding back, that's going to slow the economy down. david: consumers are gonna have to slow down because they're running out of credit. >> i would think so because
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they're the milder the next recession will be. the longer they holdoff on spending and interest rates stay higher for longer and when that downturn comes it's going to hurt and harry dent sticks. david: oracle john lonski, thank you very much. happy holidays. minimum wage set to increase in many states starting on january 1. lauren, where is it being raised in lauren: half the country, 22 states specifically will see an increase on january 1. then three more later in the year. if you live in california or washington state, it's going to $16 an hour. the last time the federal minimum wage was increased was back in 2009 and federal minimum wage 7.25 and half the country paying more and half the country paying 7.25. david: my first was $2.50 an hour. i remember still. i could live in new york at $2 -- well, barely. my rent was $350 a month in
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manhattan. lauren: my first was $900. it's gone up quite a bit. david: lauren, thank you very much. john lonski, great to see you, sir. coming up, over $10 million worth of cocaine and meth found inside tubes of jalapeño paste and border agents in san diego say this is part of the 14,000 of drugs seized in the area last month. we've got the full story coming up. and the biden administration touting how they've prepared for the holiday travel surge. they want to avoid a repeat of last year's travel nightmares. we'll have a full report on what steps they've taken next.
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david: great day for the markets and dew up 220 and nasdaq up 76 and s&p up about 23 right now. transportation secretary pete buttigieg faa administrator mike whitaker touting their preparation for this year's holiday travel after last year'holiday nightmare. grady trimble joining me from reagan international airport. what preparations have you seen in reporter: david, just like they did over the thanksgiving travel speared, cemetery buttigieg and faa are focused on holding airlines accountable in the event of cancellations, delays and lost luggage and saw that massive fine on southwest airlines yesterday, $140 million, $90 million going directly to travelers if they face complaints to u.s. airlines
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soaring and look at numbers and all-time high last year and high this year and buttigieg says that's a good thing because it means the department is getting results for passengers. at today's press conference, he touted that cancellations at a five-year low but i asked specifically about delays, which have ticked up slightly from a year ago. buttigieg says the airlines and faa, which is experiencing air traffic controller shortage, they caused some of the delays, but he's also placing the blame on weather and climate change. >> number one cause of delays is weather and the weather has system mateically changed over the years and every scientist and meteorologist i've consulted thinks it'll continue to do so. all the good works to mitigate climate change, we need to prepare for that too. reporter: triple-a says more
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americans than ever will fly this christmas season and 7.5 million of them, the busiest days, david, if you do happen to be hopping on a plane are this thursday, the friday after christmas, and new year's day. good luck to everyone braving the airports. david: i'm staying home but good luck to people trying. grady, thank you. state farm says prosing times for passport applications returned to pre-pandemic levels. lauren, how did they do it? lauren: paid out overtime. you worked more if you worked in that office. the passport processing time cut to the normal 6-8 weeks. remember all the complaints a couple of months ago, taking like 13 weeks and state department worked through that backlog by having the workers work extra. a record 24 million people had their paperwork -- their passport paperwork processed this year, 24 million. david: 24 million?
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lauren: that's why the air lanes lanairlinesare so busy. david: 24 million and one. i got mine. lauren: bread where are you goi? david: i don't know. i just want it. i want to go to italy. exon mobile producing -- exxonmobil producing more electricity. lauren: pilot technology and smaller drillers i've spoken to in texas are pouring cold water on and exxon has the deep pockets to do this, they done. they're teaming up with fuel cell to test the system to catch the carbon dioxide from the flairs and drill sites that goes into the air and transport it to storage under the north sea and working with this company called fuel cell, who just reported earnings not so good. david: i'm laughing because i'm thinking of what pete buttigieg said in the clip and changing climate in positive ways and talk to bjorn lomborg and others
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it that know their stuff about climate change. they say maybe one sliver. one breath. lauren: if you've got the money, go ahead. these small businesses that are trying to employ local workers to drill for oil can't afford to test this. david: dow 30 stocks and it's a great day for the dow, up over 200 points right now. we only have about six, seven stocks in the negative side but overall the dow is up 218. meanwhile border patrol facing a second complaint about how they're treating migrants at san diego detention sites but over 50,000 migrants dropped on san diego county. el cajon major bill wells is here to sound off next. ♪ you got this. let's go.
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the power goes out, and we still have wifi to do our homework. and that's a good thing? great in my book. who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up. plus, now through december 31st, eligible xfinity rewards members can get 25% off a storm ready wifi device. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change.
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so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. david: so we've been telling you alaska the thousands of migrants arriving in eagle pass, texas, over the last 24 hours. they've never seen anything like this. most of them will likely be taken into custody and released, but things are about to get much
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more difficult for illegal immigrants in texas. lauren, come on in. what's going on? lauren: the texas governor greg abbott said illegally crossing the border is a state crime and state police can arrest the migrants and local judges can remove them. all this starting in march. well, mce mexico's president sad he's trying to challenge this law in texas but texas says these drastic measures are needed. >> the new texas state law basically mimics the federal law that biden is currently not enforcing. they're arrested and returned to mexico basically and if they come back, it's a felony with up to 20 years in prisonment. david: do you talk at all with the biden administration or has that communication been cut? >> we don't get a lot of answers back when we start a conversation, but we'll keep trying. lauren: supporters say texas is doing what the federal government is not doing. opponents worry of racial profiling. they'll have to start showing your papers in texas.
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so that's the critique or one of them. david: lauren, thank you. now turning to the migrant crisis in california. 50,000 migrants have been dropped into san diego county just over the last three months and the mayor of el cajon, bill wells is joining me now. are you seeing the surge like eagle pass is see something >> in the past three months, 50,000 people have been dropped on the street withs nowhere to go, and that's increased significantly. in fact, the other day we had 900 dropped and you have 800 the day before that and previously to that, the number in galveston was about 300 a day. it's exponentially increasing. david: wow, border patrol agents and meanwhile in san diego just received their second complaint about the condition of migrant camps in the area but how do you adequately care for all the migrants that flood in? >> there's no way to do it. what the complaints were about
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is we have a border fence that ends in desert area called tecate and they've made make-shift refugee camps, but at this time of year, the weather is horrible and to sleep outside in that area is very dangerous so people are getting sick and people are complaining and, you know, i have compassion for that. i think we should be closing the border like for god's sakes if the federal government is going to force all these people in america, there should be some provisions for caring for them and making sure they don't die from exposure. david: yeah, they have all these mandates and responsibility for the border then they drop the ball and leave it in the hands of folks like you who are overwhelmed by it. i'm just wondering about the fence, the san diego border fence has a pretty good history, doesn't it? in terms of comparing to areas of texas that don't have a fence? >> yeah, i'm really glad we were able to get the fence before
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people decided it wasn't a good idea anymore. it's really helped significantly but we're still seeing horrible things across the border and just last week we had 100 pounds of fentanyl and meth snuck in. we had ten ieds found at the border. ieds. you add that to the fact that there's 180 people that have come through on the terror watch list, you add that to, you know, drugs and ieds and this all adds up to a very frightening proposition of the people of san diego. david: the drugs that are being trial timed through your communh your community but some stay and doing harm to the young folks. >> absolutely. fentanyl death is the number one cause of death for people between 18 and 45. that's massive. think back on covid and people were saying even one death was enough to lock the country down and make everybody wear masks and take untested vaccines and now we're looking at number one cause of death among young
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people saying no big deal, what are you going to do? i think that it's horrible. david: i have to ask you n10 seconds or 15 seconds, what would you tell the president? >> that first off, we got to close the boarder and take care of people that are here and have some way to know who's coming. there's got to be a vetting process. this is completely out of control and peep don't like it. david: yeah, mayor bill wells, we wish you the best, mayor. we know your situation is shared by a lot of peep on the border. thank you for being here. it is now time for the tuesday trivia question. according to the song, what did my true love give to me on the eighth day of christmas, eight maids of milking, eight drummers drumming, eight pipers piping or eight lords a leaping. we'll be right back.
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as an independent financial advisor, my promise to you is simple. as a fiduciary, i promise to put your interests first, always. i promise that our relationship will go well beyond just investment decisions. it's the intersection of your money and your life where we can make the biggest difference. [announcer] charles schwab is proud to support the independent financial advisors .. to helping people achieve their financial goals. visit findyourindependentadvisor.com
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david: before the break, according to the song, what is my true love give to me on the eighth day of christmas, pipers piping, lord leaping, we had to sing it or we have to sing it now. lauren: lords a leaping. david: 10 drummers drumming.
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8 maids milking. 6 keys laying. lauren: 5 golden rings. david: four mockingbirds, three french hens. lauren: two turtledoves. and a partridge in a pear tree. david: we think it is made a milking. did we put it up? it is, we got it correct. lauren: we miss a lot. lauren: it was first published in 1780 in london but the version we know best today was composed in 1909 by frederick austin. you've heard of austin, texas, that is who austin, texas, i am kidding. besides our awful singing a good day for the markets, the dow is up. all the indices are up in a hardy way. that is it for "varney and company" today. coast-to-coast with neil cavuto starts now

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