Skip to main content

tv   Varney Company  FOX Business  January 8, 2024 10:00am-11:00am EST

10:00 am
stuart: why don't we start with a little queen. looking out on deserted sixth avenue new york. cold, gray, cloudy and empty. good morning, 10:00 eastern.
10:01 am
straight to your money. we have red ink from the dow and down 160 on the dow and up 10 on the nasdaq. 10 year treasury yield coming close to 4% now and back to 401. that's encouraging the nasdaq, i think. the price of oil right around $70 a barrel this morning. gasoline keeps on sinking just a little, couple of cents a day. you're at $70 a barrel on crude. bitcoin got a rally there. it's at $44,800. the possibility of that etf looks likely and should be announced this week. that's the markets, now this. it's a fair question. who's in charge of the government and we've asked about the president's mental performance deteriorating and there's more reason to ask that question. lloyd austin, the defense secretary and he's been hospitalized since monday, january 1. the president, he's the commander in chief was not informed till thursday,
10:02 am
january 4. congress was in the dark till friday the 5. that's just not right. american troops under attack in the middle east. can't have the defense secretary out of pocket and secretary austin spent time in intensive care unit. who was making decisions when he was in the icu. secretary austin had elective medical procedure right before christmas. we do not know what that procedure was. he says it was private and can it be private and very public official in charge of troops almost at war. there's so many questions here and why would he have an e remembered procedure what our military is under attack. top officials kept in the dark and suspicious is because something is being covered up. that looks like amateur hour, doesn't it. the defense secretary didn't talk to the commander in chief for a week. you'd have thought they were having daily conversations at a time like this.
10:03 am
it reminds everyone that the state looks rudderless. joe biden in cognitive decline and defense secretary is hospitalized for the umteenth time, who is really in charge here? second hour of varney just getting started. ♪ stuart: nothing better than charlie hurt on this monday morning. that's what we have for you. here's and is something being hidden here? >> well, it certainly looks like that and usually in a free country, we get pretty upset, rightfully so when the public is kept in the dark about something serious like this. but this is a situation where it wasn't just the public kept in the dark and actual commander in chief kept in the dark about it and that's what i think raises this from your regular level of alarm to a truly smoldering
10:04 am
alarm. stuart: i understand that the president, president biden said he still backs austin. you okay with that? should some heads be rolling here? >> yes, but we have an election this year and the main election, the main head that needs to roll in an election is probably the commander in chief himself and so, i think that if people are focused on holding him accountable, which i hope is what happens, then i think that we'll solve off of these problems, but it is terrifying and when you look at situations like what's going on with iran right now where, you know, a lot of people understandably say we should confront iran and, you know, stop them from what they've been doing to our troops and our ships and our passage lanes in the middle east. well, you know, do you really trust president biden to carry
10:05 am
out anything? , to protect our troops and that's very terrifying. stuart: president biden delivering the state of union address on march the 7 and that's two days after super tuesday. to me it's a deliberate delay. what's the purpose here? >> any norm that we have in this country and turn it into something to be used as a political weapon. we saw it this weekend where you had the president go to valley forge and try to rewrite history and pretend that he's george washington or something. giving one of the darkest, most un-presidential and frightening speeches you've ever heard and attacks the actual voters, american citizens, wonderful support his political opponent
10:06 am
and attacks them and calls them un-american and says they're dangerous. this is not normal and all part of the way these people operate. they're going to take the state of the union address, he's going to delay it later than any time in modern times, and he's going to use it as a political spear after super tuesday and we don't know because we haven't had primaries yet and he'll attack whoever the republican nominee is. stuart: you and i have often spoke about the president stepping aside before actual election day and still feel that way? i do. >> yeah, i do. but obviously the window is closing for democrats to do tafanely in any kind of democratic sort of way. if you wait until the convention to do it, it's going to be a back room deal and it's going to be done by the power brokers and the democrat party. that's probably going to be the
10:07 am
safest way for the people in power to stay in power. stuart: got it. charlie hurt on a monday morning. all good stuff. thank you, charlie. we'll see you again real soon. >> great to see you. stuart: back to the markets now. mike lee is with us and, mike, i believe you're still a major league supporter of nvidia. it's at $505 this morning. up about $18 i think. how high is this thing going? >> stuart, i think over the next few years, a multiple of where it is now. part of the reason, and i think market participants backed off some of these ai names in the craze of like six months ago because these names have moved so far and so fast but, look, ai spanning in terms of global text span is less than 3%. so it's around 120, $120 billion of a global text budget and it's
10:08 am
going to explode and one of the four main keys and easily the best position for the company and only trading for about 24 times earnings and historical multiples between 35 and 40 and this stock has room to run amongst many others. stuart: now, it does have competition in the ai chip market. is the competition so far behind and nvidia can keep the comfortable lead and it's convincing the market share. is that what you're saying? >> stuart, about a 99% market share and dropping to about 90%, maybe 85 and the key beneficiaries there and we'll be marvel technologies and amd and they're pretty far behind nvidia and even so, this is a massively rising tide that's going to lift all these boats. stuart: tell me about microsoft because i know you like cloud names, microsoft, i have a piece of the company and it's a big
10:09 am
cloud name. where's it going? >> stuart, much higher. and the story here is the same thing with ai and if you're a fortune 500 company and you want to implement artificial intelligence somewhere in your business model, you need a microsoft to design where and how you're going to put this computing power and where you'll put it in your mom's basement and in the warehouse and it'll be designed by some of the smartest people and notaeums microsoft that -- not just microsoft that will benefit and working for google and amazon as well and oracle. all the big cloud names positioned to pick up a ton of profitability and these are super high margin of business for all of them. stuart: got t mike, thanks very much indeed. all good stuff. see you real soon. >> thanks, stuart. stuart: lauren looking at chip stock and amd micro-devices and you got it for me. why is it up 3.8%? lauren: upgrades to a buy and stock is going to $188 a share.
10:10 am
they believe generative ai is poised to deliver a "halo effect on i it canner spending starting this year -- it spending starting this year". they can continue to be outperformers in 2024 and ai not dying down in their view. stuart: i tell you. we've got merck. what do they have? lauren: mna monday and merck is in advanced talks to get a harpoon and make cancer therapy drugs and look at that. harpoon is more than doubled up 111% and the price tag is reported $23 a share and almost where harpoon is now. merck's key drug is keyed up and they lose patent protection and 40% of their overall sales and going to diversify and one way would be this reported deal and they're in advanced talks. stuart: they made their shoes out of plastic.
10:11 am
lauren: hey dude and rubber soled shoes and stock is up 18.5%. surprise rise in their fourth quarter sales for both crocs and hey dude and holiday season was successful. stocks up 102. stuart: hay dude is a brand of shoes? lauren: yeah, says hey dude on the tongue. stuart: a greeting so to say. lauren: they're cute. stuart: more than a dozen migrants, i didn't hear about this, a dozen migrants stormed blooming dales in new york city. what did they get away with? lauren: 5,300 in designer sunglasses and this is a group of 15 illegals. they went into bloomingdales uptown very nice section of new york city and they ran out saturday night with these sunglasses, prada, dior, sunglasses are $500 a pop in some instances. all got away except for one. the new york post is reporting that that one migrant was caught, and charged with robbery and possession of "burglar tools" so this was organized.
10:12 am
they had the tools to cut the sunglasses out of the stands. you sometimes can't just take them out. stuart: it was organized group of illegal migrants? lauren: correct. stuart: bloomingdale's in new york city which is a institution in this city. lauren: correct. they've seen theft and organized retail crime many times because it's new york city and that's why finally governor kathy hochul will do something about it. she's long been criticized for not cracking down on oranged retile -- organized retail theft and now vowing to see this in the state to have a man to put this on her agenda to make sure these merchants stop suffering at the hand of robbers and now illegals that were here staying in our hotels and now stealing goods from the stores. stuart: that's ridiculous. cocaine, ketamine, lsd and some executives at tesla and spacex are worried this could harm those companies and we have the
10:13 am
full story for you. israel denies forced displacement of palestinians in gaza. where should all the people go and who's going to be in charge of gaza? kt mcfarland sorts it all out for us, next. a force to be reckon with. no, not you saquon. hm? you! your business bank account with quickbooks money, now earns 5% apy. 5% apy? that's new! yup, that's how you business differently. your best defense against erosion and cavities is strong enamel- nothing beats it. new pronamel active shield actively shields the enamel to defend against erosion and cavities. i think that this product is a gamechanger for my patients- it really works.
10:14 am
so... i know you and george were struggling with the possibility of having to move. how's that going? we found a way to make bathing safer with a kohler walk-in bath. a kohler walk-in bath provides a secure, spa-like bathing experience in the comfort of your own home. a kohler walk-in bath has one of the lowest step-ins of any walk-in bath for easy entry and exit. it features textured surfaces, convenient handrails for more stability, and a wide door for easier mobility. kohler® walk-in baths include two hydrotherapies— whirlpool jets and our patented bubblemassage™ to help soothe sore muscles in your feet, legs, and back. a kohler-certified installer will install everything quickly and conveniently in as little as a day. they made us feel completely comfortable in our home.
10:15 am
and, yes, it's affordable. i wish we would have looked into it sooner. think i might look into one myself. stay in the home and life you've built for years to come. call... to receive 50% off installation your kohler walk-in bath. and take advantage of our no payments until 2025 financing.
10:16 am
get over here kids. time for today's lesson. wow. -whoa. what are those? these are humans. they rely on something called the internet to survive. huh, powers out. [ gasp ] are they gonna to die? worse, they are gonna get bored. [ gasp ] wait look! they figured out a way to keep the internet on. yeah! -nature finds a way. [ grunt ] stay connected when the power goes out, with storm ready wifi from xfinity. and see migration in theaters now.
10:17 am
stuart: market down 150 because of boeing and it's up 143 and that's because the yield of the 10 year treasury can coming down a bit. boeing shaping 138 points off the dow industrials and lloyd austin facing calls to resign and facing top officials in the dark about the medical issues and the fact he was in the
10:18 am
hospital and jacqui heinrich at the white house for us and, j jacqui, has the whiteout house said anything? >> we heard that the president looks forward to having secretary austin back at the pentagon. one of the most stunning things about this is the u.s. carried out a drone strike last thursday in baghdad and two people in iraqi military and who saw the strikes and it's being carried out on tuesday the 2 and the deputy secretary of defense and it had certain operational responsibilities transferred to her by secretary austin and she was on vacation in puerto rico on thursday the 4 around 4:00 a.m. eastern and strike was carried out and it wasn't till that very afternoon that hicks was told austin was in the hospital since monday the 1. hicks began notifying congress and the press and made plans to travel back to dc on friday and
10:19 am
held off when she was told that austin should be assuming his full responsibilities by then. at some point on thursday, the president and national security adviser were also informed so there are a lot of unknowns with this time line. the highest ranking republican on the senate armed services committee roger wicker said why was the notification process under five u.s. code 3349 and not made the determination not to follow and what role should the secretary of defense staff play when the president wasn't notified and the department of justifyification have and holding from the national security council and secretary incapacitated by the surgery and it is still unclear how long austin was in the icu and resumed full duties on friday from the hospital where he remains as far as we're aware. it turns out secretary of state antony blinken had no clue about all this. this when he left for the middle east on on thursday.
10:20 am
>> i talked to him last weekend for this. he put out a statement of this.. i won't get into hypotheticals. reporter: secretary austin apologized for the lack of transparency in a statement this weekend and u.s. official told fox that this was an elective surgery he did not want the public to know about and the u.s. attacked u.s. troops eight times in austin being admit intoed the hospital and the hospital resumed the full responsibilities on friday evening, stuart. stuart: i'd like insight on what's going on and the perfect person to interview him and find out what's going on here. jacqui, thank you very much indeed. kt mcfarland is here with us. brought her into the set in new york city. what is going on here?
10:21 am
this is a serious thing. >> this is really serious and constitutionally serious because there's a chain of command so the president to the secretary in defense to the united states military. the deputy secretary of defense on the beach in puerto rico and the secretary of defense was in the icu and the chief of staff at the pentagon was out sick. who is in charge here? what would have happened, stuart, if a ship had been sunk in the red sea? we're all waiting for this to happen the other minute. the other shoe will drop and who would have been in charge? would the president have been in charge. national security adviser with the serious chain of command and they're not fessing up to what happened, elective surgery, what's that? like a facelift or something? stuart: why have elective surgery around christmas time? why would he do that when we're being attacked overseas? why let him have surgery at that point? >> it's all wrong, something
10:22 am
very, very wrong about this. stuart: who really is running the show? >> i think it's an example of what happened in washington and the federal bureaucracy is running everything and they're putting the words in the tell prompter and they're making those decisions and putting them in the tele prompter and the pentagon bureaucracy and the faceless unaccountable bureaucrats who have just gotten the 5% pay raise and who have an automatic cost of living increase in their salaries. those are the guys running things. that's the real enemy. stuart: the president said he's still backing austin. that's the word used and the president says that. do you think austin has to go? >> he has to come up with very good explanations of what went wrong. really no huge breech in the chain of command. stuart: rivals and enemies overseas look at this, what do they say? >> i was in the white house when
10:23 am
richard nixon resign in 1974 and one of our main concerns at the time was that the world was looking and seeing there's a vulnerability and an american president that's going to resign and no vice president and there was a vice president and he's been appointed and confirmed but henry kiss inger who was secretary of state went around the world saying everything will be fine. an adversary looks at this saying joe biden, secretary of defense? unconscious in the icu. they dent know who's in charge and they take advantage. stuart: going for a second. israel's president and they sounded off on the displaced palestinians of gaza. >> absolutely, absolutely not. totally not agreed and it's not the position of the israeli government or israeli parliament
10:24 am
or the israeli public, but we're a democracy and in a democracy, there's a variety of ideas and in a cabin it's not a security cabinet and the administer can say what he wants and who's in charge of gaza. >> we all think it was hard for idf to get rid of hamas, and they're doing it very well, what happens next is the really hard part. you have 2 million palestinians and they've all left the north and now in the south. what normally happens if there's a war, refugees go to another country, a nearby country. none of the nearby countries will take the palestinians and the egyptians won't take them and they're not going to absorb 100,000 or 500,000 palestinians and they're going to import a revolution and they're going to import jordan and he doesn't want them and they had a civil
10:25 am
war in the 1970s versus palestinian and nobody is willing to pay for it. all the rich gulf air countries and thinking there's going to be another war this morning and how does anybody solve this? the one person that solves it is the president of the united states. we've shown we're really losey at telling countries -- lousy, you should have this kind of government and afghanistan and iraq and not telling the israelis how to do it and has to be the people in the region. stuart: i have something on the prompt terrific i've not seen before and got this, secretary austin and biden authorized the january 4 strike in baghdad before austin was hospitalized. okay, that -- >> that's okay. that's important but that's okay. normally in a situation like that, the intelligence committee and military comes to the president, to the secretary of defense through the national security adviser and says these are the options we have. what do you want to do? the president says i'll take that option and i'll give you
10:26 am
the go ahead now. then when the moment is right, you take that shot. that's appropriate that it would have been prior authorization and that's exactly the way they do things. they want to wait and don't want to have the president say now go. then they go. the president will say take your best shot when you can take your best shot. that's what this is. stuart: the decision was made by the president of the united states and he said hit them. that's legit. >> totally legit. stuart: we know who was in charge of that particular operation. >> we do. stuart: kt mcfarland, thank you for being with us. enjoy your time in new york city. school districts in major cities struggling to deal with the flood of migrant children. school choice advocate erica donalds will tell us how it's affecting our education system. more than 2 million migrant haves been released into the u.s. under the biden administration and this as house republicans are being set to hold hearings to impeach the man
10:27 am
that supposedly runs the border, alejandro mayorkas. hillary vaughn has that story from capitol hill. that's next. ♪
10:28 am
10:29 am
10:30 am
reliq health is a digital health company targeting the $100 billion virtual care market. reliq is rapidly growing with customers that include several of the largest and most highly rated health care organizations across the nation. reliq health technologies.
10:31 am
stuart: a mixed open to the market and pay attention to the nasdaq and a solid gain there up 154 points and yield on the 10 year treasury coming down at 4%. nasdaq kind of like that. so the nasdaq is rallying today. lauren's got some movers and i'd like to start with apple, which is up a couple of bucks. lauren: finally up 1.5% today. there are several reports, the latest from jeffries that their iphone revenue in china down big and jeffries saying down 30% in the first week of the new year in china. yet, apple is going to put on preorder of the vision pro and vr headset and at $3500. they're looking for revenue and that's a lot of revenue, $3500 for the eye wear, virtual reality of the eye wear and some people that pie it and preorders start the 19th. stuart: i'd like to see it. you look through the google thing and what do you see? lauren: you get information at your fingertips, which appear.
10:32 am
privacy concerns and great for gaming. stuart: bridge too far from that. we have solo brands s-o-l-o brands. is this the worst day for them? lauren: remember snoop dogg quit marijuana and became an advocate for spokeless fire -- smokeless fire spit and they cut their revenue stock for the line. lauren: sports business radio reporting that tiger woods is very likely to leave nike and take a stake in on, on holding g and roger federer did that and that's interesting. good story. back to the border, house
10:33 am
republican begin hearings to impeach secretary alejandro myoyardeni costume and the white house -- mayorkas and they're blaming republicans for the ongoing migrant crisis and hillary vaughn on the two sides are far apart on a border deal. reporter: good morning. the core negotiators and they're closer to getting texts and the republican negotiator james langford should have pages for the senate to review this week, but getting the senate on board is one piece of the pi and will getting republicans in the house to then back that deal is another beast. democrats are doubting that republicans actually want a deal. >> a number of republicans don't want a border deal because they would have -- rather have the issue at election time to work with us to solve it. reporter: so far house republicans have not been in the room for the negotiations and they're moving forward this week
10:34 am
with impeachment secretary alejandro mayorkas and assesses the crisis. >> this is abject failure and the confidence and he's done this intentionally and this is intentional policy decisions that he's made. going for secretary mayorkas and secretary mayorkas is not a one for enforcing federal laws and going for the own provisions. reporter: speaker johnson not ruling out negotiating with the white house and the senate talks don't ultimately pan out. stuart: erica donalds joins me now. erica, schools in big cities are being flooded with migrants is and going with education. >> well, this unmanageable impact is happening as a result of the invasion at the southern border and that continues to
10:35 am
grow at astonishing rates as you were talking about and they were existing scarce resources in our public schools and each student entering public schools and we're already experiencing teacher shortages and shortages in mental health support so what happens when we pack these classrooms with non-english speaking students who are already grades behind while our american native students are still experiencing learning loss, and they need more time in the classroom, more resources while these covid money is running out, stuart, and school districts don't know how to handle this influx. stuart: academic performance is already in trouble following the covid lockdowns and would you think this migrant or surge of migrant children in the schools will further erode academic performance? >> oh, it absolutely does. you know, there's been studies that show when you have an influx of migrants in the classroom, teachers go at a slower pace, they divert their attention to those new students
10:36 am
who are more behind than many of the existing students and then those additional resources that we have in our schools that we've worked hard to build up, those are then also diverted when it comes to social work, mental health, other guidance and support to the new students leaving the native students behind. stuart: i see chicago saw its first enrollment bump up in 12 years. i guess that was the migrants; right? >> it absolutely is. they even attribute it to the migrants and are hiring many new social workers in their schools, but they're not able to staff all of the positions that are necessary. we need to look at the migrant crisis from the lens of impact that it has in an already strained and dismal performing education system here in america. stuart: the number of students that are absent from class surging at an alarming rate nearly 30% were chronically absent during the 21, 22 school
10:37 am
year. florida is trying to do something about these absences. that's your state what, are they doing? florida taking the lead on a national issue that every single digits state in the country needs to be concerned with and we saw before the pandemic about 8 million students in the country chronically absent and that has soared to almost 15 million students and as you mentioned, 30% so in florida, we have our legislative session starting tomorrow, our legislators starting to look at what are solutions to this problem. people are not talking about how the rampant grade inflation we're seeing across the country may be impacting chronic absenteeism telling parents their students are doing well when they aren't sending the message to parents that absenteeism is not affecting the student performance and know it absolutely does. it reduces likelihood to read on grade level and also increases their likelihood of dropping out of high school. stuart: you're right, once again florida takes the lead on national issue.
10:38 am
good stuff. erica, thank you very much for being with us this morn. we always appreciate it. thank you very much. >> thanks for having me. stuart: new study and shows even more parents are enrolling their children in charter schools. how many? lauren: last year enrollment grew by 72,000 students in charter school and public school enrollment increased but by about 7500 students. if you go back since covid, since 2019, more than 300,000 new enrollees for charter schools and increase of 9% nationwide. public schools lost 1.5 million students so i think when you go back to 2019, you see this story. the fastest growing population for charter schools is not african americans. it's hispanics. fastest growing demographic up 14% since 2019. stuart: lauren, thank you. federal officials grounded dozens of boeing 737 knacks jets after a door blew out on alaska
10:39 am
airlines plane shortly after taking off. we'll tell you boeing's response to that. look at the video. some farmers in iowa say they're being scapegoated. the administration barrels ahead with the green agenda. one farmer says biden's ev push will cripple the farm economy. grady trimble has report from the hawkeye state next. ♪ after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ]
10:40 am
anything can change the world of work. from hr to payroll, adp designs for the next anything. managing your diabetes just got easier. the powerful, new dexcom g7 lets you see your numbers on your watch and phone without fingersticks. and, because you always know which way your glucose is headed, you can make better diabetes decisions. and all those little decisions can lead to big results, like more time in range and lower a1c. manage your diabetes with confidence with dexcom g7. the most accurate cgm. learn more at dexcom.com.
10:41 am
10:42 am
ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000
10:43 am
or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. stuart: nasdaq composite it up solid 165 points and a nice rebound. up 1.1%. one week from the iowa caucuses and farmers in the hawkeye state sounding alarm of biden's green energy push and grady trimble in
10:44 am
waukee, iowa. how is the green agenda affecting the farm business? reporter: stu, the farmers we've spoken to feel like over the last three years have been overregulated and unfairly targeted by president biden's climate policies and one week till the caucuses and they're ready for a change. in the dead of winter when iowa's farmland is barron, the political landscape is anything but. rick is a fifth generation iowa farmer and says this election the state's top industry is at a cross roads. >> i'm afraid if we keep heading down this path, we've got a lot of destruction ahead. reporter: the usda estimates production cost for farmers increased by about $15 billion in 2023. on top of inflation, de-grote worries the biden administration electric vehicle push will
10:45 am
drastically we deuce the demand of ethanol, used in fuel for gas powered cars. >> most of our corn goes to ethanal, without that that would cripple the farm economy. reporter: kyle namen shares de-groote's concerns. >> seems like we're an easy scapegoat for the population looking for someone to blame and knowing full well we don't have a very big voice. reporter: we sat down with a whole group of family farmers to decide which candidates have caught their attention. tough hands, how many of you as republican caucus goers are undecided? four of you. two undecided voters, farmers and others out there and former president trump says he'll win iowa thanks to the already strong relationship with farmers but remember they made sacrifices during his administration as well because of the trade war with china. still each of the farmers we spoke to says that they would
10:46 am
take any of the republican candidates inchewedding former president trump -- including former president trump over four more years of president biden, stu. stuart: grady, thank you so much. avian new surging in chickens and ducks in northern california. what does that mean for the whole poultry industry? lauren: it's under pressure. if you live in northern california, some of the stores are saying limit to two dozen eggs per family and usda says 10.6 million birds affected in the past month by the avian flu and 3.8 million of them are in california. egg prices, muted so far in reaction but it's certainly something to watch. stuart: yeah, sweeps through everything. eggs like the epitome of the inflation crisis of 2003. stuart: yeah, partly the result of avian flu. thanks, lauren. dr. anthony fauci and how it was
10:47 am
handled and doc siegle and the doctor will be on the show. the green light to import prescription drugs from canada. the pharmaceutical drug for the dangerous county health and kelly o'grady reports. ♪ you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence. ♪ ♪ ♪ [typing]
10:48 am
♪ you were made to act spontaneously. we were made to help plan accordingly. ♪ sara federico: at st. jude, we don't care who cures cancer. we just need to advance the cure. it's a bold initiative to try and bump cure rates all around the world, but we should. it is our commitment. we need to do this.
10:49 am
10:50 am
here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today.
10:51 am
stuart: the fda has just approved a plan for florida to import cheaper prescription drugs from can dam it kelly o'grady is with us. how much cheaper @ drugs? >> on average, 200-400% cheaper and that's a pretty big difference and the program is approved for two years once the first drug has been delivered and that's $183 million and florida facing the hurleds before realizing the cost savings and including design system approving the authenticity of the drugs and this is a big win for governor desantis and it's more than three years ago and blamed the biden administration for a long
10:52 am
wait and the governor touted the news on the campaign trail. >> americans basically subsidized pharmaceutical products for the rest of the world and higher education and it's just not affordable for a lot of people. so we've actually made headway on that. reporter: however many analysts are arguing this isn't going to save money because the program won't get off the ground. for one, canada long opposed these types of programs with the concern for disrupting the national drug supply and they're not going to provide extra product for the drug supply and the safety of americans are at risk and deeply concerned for the fda reckless decision and the impart of medicines from canada or elsewhere in the world and posing a serious danger. other states seeking approval and five others including
10:53 am
colorado are working with the fda. back to you. stuart: kelly, thank you very much indeed. dr. marc siegle joining us on this monday morning. doctor, how does the medical profession, guys like you, doctors, how do you feel about cheaper drugs when imported from canada? a>> i know how i feel about the report and first of all, the idea that we can't assure the quality of drugs in canada is ridiculous and john roberts was saying that to me the other day and from canada, i agree with that and second, we're in a time when you and i talked about this, stuart and we can't be sure and the fda can't assure us that the pill we take this morning isn't made in india or china or a big part of it. the pharmaceutical lobbies to pomoxussture behind that is also ridiculous and i agree with something else kelly was
10:54 am
pointing out, this is tip of the iceburg stuff, stuart. one ninth of the drugs sold in canada are sold here and one ninth and can't possibly get enough drugs out of them and canada doesn't like this and don't want us to do it and the major drug companies are going to try and block it and what this stint does is open the door and we shouldn't be paying more for drugs that were developed here and inspiration and made somewhere else and sold anywhere else cheaper than we pay. stuart, you'll love this and i don't like negotiating prices and that narrows choices and this increases more competition and increases choices and this is a free market solution, i like this. stuart: dr. anthony fauci testifying on capitol hill and talking about origins of covid and the pandemic. doc, how would you handle the next pandemic?
10:55 am
>> i've been behind the scenes talking to that committee and urging him to treat him with respect and the next pandemic we've got to worry about what's being made in the lab and dr. fauci is too much in favor of gain of function research and i'm concerned with that and what caused this pandemic and may cause the next one. viruses are being played with, stuart to figure out how far they are from going human to human and that's the last thing we need and we can use artificial intelligence to figure that out without looking under a mice robin lou scope and countries have to -- microscope and countries have to band together and seems to me that dr. fauci's idea of joining force withs scientists around the world backfired and in china they're under the thumb of the chinese national party and can't do that unless the governments are agreeing and we don't have that. we have suppression of information in china and playing out on the worldwide health stage. that's a huge problem. stuart: dr. siegle on a monday
10:56 am
morning. see you again sir. >> thank you. stuart: still ahead, steve forbes on jp morgan's urgent warning about the growing national debt. joe concha says things like bleak for biden is there are four ways to topple trump. steve hilton on a new survey showing democrats and defendants losing faith in universities. 11:00 hour is next. ♪ rsv can severely affect
10:57 am
the lungs and lower airways. but i'm protected with arexvy. arexvy is a vaccine used to prevent lower respiratory disease from rsv in people 60 years and older. rsv can be serious for those over 60, including those with asthma, diabetes, copd, and certain other conditions. but i'm protected. arexvy is proven to be over 82% effective in preventing lower respiratory disease from rsv and over 94% effective in those with these health conditions. arexvy does not protect everyone and is not for those with severe allergic reactions to its ingredients. those with weakened immune systems may have a lower response to the vaccine. the most common side effects are injection site pain, fatigue, muscle pain, headache, and joint pain. i chose arexvy. rsv? make it arexvy.
10:58 am
during my entire life i have been somewhat of an outdoors person. golf, gardening around here. how can i stay out of the sun? so about two years ago i was diagnosed with basal cell carcinoma. when they discussed the mohs surgery on my face, i was not really a fan of that because the scarring can be disfiguring. if you've been affected by skin cancer, surgery is no longer your only option. we chose gentlecure.
10:59 am
gentlecure is a surgery-free treatment that uses low energy x-rays to kill skin cancer cells with a 99% cure rate. plus, there's no cutting, no surgical scarring and no downtime. the results are absolutely fabulous. see why so many people, including doctors, are choosing gentlecure. call today or go to gentlecure.com.
11:00 am
stuart: they're not trying to convince anyone of the record. he's not running on his record and convince that americans in second term are going to be better and x, y and z and the other guy is worse is his argument. >> we'll be hurting the american people plus we've proven that shutting down the government won't save us money whatsoever and what are we trying to prove here? >> keeps the focus in 2024 on the financial and fiscal

60 Views

info Stream Only

Uploaded by TV Archive on