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tv   Varney Company  FOX Business  March 5, 2024 11:00am-12:00pm EST

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>> it is amazing, stuart, how
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much they're willing to read the playbook out to you in order the save democracy, they will destroy everything about a constitutional republic. >> you see the media talk about this like it was just a normal political tactic that didn't work. it's really kind of mind-blowing. it never should have been tried. >> if these numbers held, former president trump as the nominee would win exponentially in the swing states, and that's what democrats are afraid of. >> it's over, it's done. whatever credibility she came into this race with, he has destroyed. she has destroyed. ♪ it's been a hard day's night, and i've been working like a dog ♪ stuart: nothing wrong with a little beatles on a tuesday morning when you're looking at a very cloudy, rainy new york city. "a hard day's might. " tuesday, march the 5th. on the markets, red ink. the dow's down 230, s&p down 42. it's gone progressively lore for
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most of the morning. -- lower. bitcoin topped its all-time high earlier today. it's back down to 66,7, but it had been at $69,000 maybe an hour ago. hoe me big tech. meta, 300,000 facebook outages have been reported, 47,000 on instagram, and meta is down $8, 1.7%. the 10-year treasury yield has been moving down quite sharply, so you're back to 4.14% as of right now. now this. forgive me for being gleeful, i don't like to see politicians harassed in the street, but i can't help but enjoy this. roll it. >> -- you refuse to call it a genocide. >> i need you to the understand this is not okay. >> [inaudible] >> you're lying. >> do you have any e comments? >> you're going to cut this, and you're going to cut this and you're going to clip this so that it's completely out of
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context. i already said that it was. and y'all are just going to pretend that it wasn't over or and over again. it's [bleep], man. it's not helping people, and you're not helping them. stuart: alexandria ocasio-cortez upset at being harasser -- harassed in the street. fair enough. isn't she just getting a faith -- taste of the medicine the left has been dishing out for decades? the hypocrisy is obvious. look at this tweet from 2020. quote, the whole point of protesting is to make people feel uncomfortable. the tweet goes on, to folks who complain that protest makes others uncomfortable, well, that's the point. let's explore the hypocrisy theme, shall we? remember when aok appeared at the border when trump was president dressed all in white and crying about the children? where is she now when biden has lost track of 90,000 children and her city, new york, sees migrant churn begging on the subway? you don't hear a peep about that. aoc is the author of the green new deal. i guess she approves of climate
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protesters getting in the face of any politician who disagrees. she says nothing about that or the endless interruption withs of congressional hearings or the defacing of artwork which brings us to the hamas supporters who harassed her and her fiance as a she says protest makes people feel uncomfortable. that's the point. she's the one getting the point now. third hour of "varney" starts now. ♪ stuart: jimmy failla is with us now. aoc getting a taste of her own medicine, what do you say? >> well, i love it. the woman who's so dumb, she studied for a covid test -- [laughter] but if we're being honest -- you fired pd me up. i watched your monoif long -- monologue, and i agreed with it. the democrats, if you remember, under the spire ifty of the trump administration if were yelling things like go out, get
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in their faces. tell them they shouldn't feel safe if they're not giving you what you want. so there's this part of me we that really delights in this happening to aoc. there's also this other part of me that can't stand these pro-hamas protesters because they have been an inconvenience to nobody. they're winning nobody if over to the cause. today was like a break even for them because we hate their policy, but we also think aoc's, you know, aoc. it's a 50-50. stuart: 50-50 on in this. >> we split the difference. stuart: hundt says voters need to pick between two old ones -- hillary clinton -- in order to save democracy. jimmy, watch this. roll tape. >> this is not someone who we want to give power to again. let's go ahead and accept the reality, joe biden is old. so we have a contest between one candidate who's old but who's done an effective job and doesn't threaten our democracy, and we have another another candidate who is old -- [laughter] barely makes sense when he
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talks, is dangerous and threatens our democracy. so really pick between your two old ones -- [laughter] and figure out how you're going to save our democracy. stuart: that's not exactly a glowing enforcement of bind, is it? >> no. and every time i watch one of these hillary buttons, it makes me wish social media had a button called who asked you? nobody really cares. [laughter] what she's really saying is they are old. and i concede that, okay? if the country needs new blood, they actually mean if new blood. they mean, like, transfusions, okay? if she's trying to close that gap between the biden age concerns and the trump age concerns when they're not age-related. they are conditioned related as you know, and that's her problem. in a round about way, why is she doing this interview? if you've had too much of the old guy, you can bring in me. she wants to run. you know that. the old adage is curable by death, if you want to be
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president, you die wanting to be president. this is a woman who once read the speech she would have given had she won the election. do you remember that? stuart: i do. >> you imagine running into an ex and they cited the wedding vows they would have recited if you'd been married? if. stuart: you're on dangerous ground with that one. [laughter] billionaire mark cuban, i'm sure you're familiar with him, he's also brushing off the president's age. he would vote for biden over trump even if biden was on his death bed, quote, being given his last rites. now, that's not a ringing endorsement, is it? >> no, not at all. but the reason health care a afford or to support -- he can afford to support joe biden is east a billionaire. these policy aren't affecting him. it's the former cab drivers or current cab a drivers that are literally being annihilated. do you know what the indifference to the little guy has to be when you're telling them everything's okay when the price index is where it's been?
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as you know, it's what drives the little guy's well-being because he only has the luxury of guying -- buying those goods day-to-day, which is what i was doing. shame on cuban, because he's indifferent to what bind represents to little people. -- biden represents to little people. stuart: i'm going to watch you on fox news saturday night 10 p.m. eastern, fox news. great stuff, jimmy. lauren's back with us. lauren: yes. stuart: how did the late night hosts react to yesterday's supreme court ruling? lauren: they don't like the former president and will appear on all state ballots, and they led with their dissatisfaction. watch here. >> the majority says that disqualifying a candidate for insurrection can only occur when congress passes legislation. o.k. quick question, if congress does decide to pass that legislation the disqualify a candidate for an insurrection, what if he sends his mob to storm congress to stop them from passing that
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legislation? >> that's right, the supreme court ruled that states cannot keep trump off a their ballots which means the supreme court are remains the only place where trump can win the popular vote. >> if out of habit, trump immediately appealed the decision. [laughter] oh, wait a minute -- stuart: just pathetic. lauren: well, yeah. stuart: really. lauren: yeah. and fallon was the only one not to immediately lead with trump at the top of the monologue. of he start with a movie, but then he did tie joke in. stuart: hopeless. i'm going to move on, deliberately. check the markets, please. we are now, what, 98 minutes into the business session. there's some selling going on here. down 230 on the dow, down 277 on the nasdaq. mike murphy's here with me for the hour. why do you think the market's down so sharply today? the no big deal. >> so, no, i think there's a lot of concerns there, and i think they start at the top, stuart. apple has been selling off, and the selling has kind of picked up a little bit of pace. and then tesla started to sell off and got hit with a factory
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closure today which led to some additional selling. i think your seeing money coming out of the market. we talked about a it over the last few weeks, we're not going to go straight the up forever, so there's going to be some profit take. these giving you an opportunity or a reason to, for certain people to sell. stuart: this is the breather, the market's taking a breather, which you wanted to see. >> absolutely. stuart: the good stuff's come down a little bit, it's a buying opportunity. >> you look at something like apple at $170, and you could say, or you know what? if at 200 i wasn't in there and i was thinking about buying it, here it is now at 170, same company. there's the opportunity at a much lower price. stuart: i wouldn't be buying apple right now at 170. i wouldn't buy it at a 160. too much trouble in china. they're confused about a.i. inside america, they dropped the apple car, and they're under pressure from the europeans. didn't they get fined $2 billion? lauren: the way spotify streams, how you pay for it on the app
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store. >> so big with tech is always getting attacked by the e.u., so thats' possibly not going to go away. but if you wouldn't buy with it at 171, buy it at 160, fine. but i think apple's core business isn't in trouble. their core business continues to grow. their services business continues to grow. the iphones continue to grow -- stuart: not in china. iphone sales down 20 odd percent in china. >> for a quarter. but overall, i think the company's doing just fine, and they have a boatload of cash on the books, so you're getting a discount. stuart: all right. lauren: i'm surprised of the size of the selloff two days before jay powell testimony in the week that that we have the state of the union, in the week that we have the jobs report. there are a lot of major with events on the calendar, and we're selling off ahead of them. stuart: quickly, look at the big winner today. it's target. last time we checked, they were the up 10. %. now it's 11.7%. lauren: well, they're betting on the future.
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same-day delivery, new products, this new membership program, and they're forecasting that the their annual sales will come in above estimates. the cfo says shoppers are returning to buy those discretionary if items because they feel that inflation is easing. stuart: 300 new stores coming on. okay, got it. microsoft, the mag 7 don't look so magnificent. lauren: take a look at the bunch, they're all down. large tech being sold across the board. we gave you the apple news, there are outages at meta, at alphabet and is even nvidia, major chip stock, is losing 1% today. stuart: and there's a fire at the tesla plant in if berlin. lauren: shut down. stuart: set by environmentalists. did you know that? >> i did. a 1% selloff in the market means you should do absolutely nothing new to your portfolio. you can't try to trade around the portfolio with a long-term game plan on 1 moves up or down. 1% moves. stuart: bitcoin, are you jumping in on a market that's going up?
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>> jumping in on bitcoin? stuart: yeah. >> no. [laughter] there's so many -- i'm glad bitcoin's up for the people who are invested in it. i'm not invested, i won't be buying anytime ever. stuart tawrt well, there you go. all right. you could get paid e to travel the world with your best friend all while drinking soda. we will explain that. the supreme court says states cannot ban trump from the ballot, but democrats want to do it at the federal level by using legislation, not the courts. watch this the. >> i am working with a number of my colleagues to set up a process by which we could determine that someone who committed insurrection is disqualified by section three of the 14th amendment. stuart: west virginia's attorney general, patrick morrisey, is going to take that on, and he's next. ♪ ♪ (fisher investments) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how?
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stuart: today is super tuesday. today's are results will likely cement a general election rematch between trump and biden. jackie heinrich are at the white house. trump and biden, they're already talking jabs at each other, i believe. what are they saying? >> reporter: well, stuart, for the biden campaign the central pillar is reminding voters about trump's efforts to overturn the 2020 election, effectively casting him as an autocrat. they want to sere in people's minds if images from january 6thth because they're tracking a huge swath of voters who came out in the mid midterms and in last year's state and local elections to vote against republican, but those same voters did not support biden in 2020. they didn't come to the polls. so the campaign for the incumbent at the white house is to get those voters to come out
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to the ballot box in 2024. and they're saying that trump could undermine if democracy if he is are elected. biden, in fact, went so far as to suggest he could do that again even if he wasn't elected, telling the new yorker, quote, losers who are losers are never graceful. i think he'll do anything to try to win. and when i win, i think he'll contest it no mart what the result is. -- matter what the result is. for the first few months in office, he'd say the former guy. but that messaging shifted after the the anniversary of january 6th when he launched this new report that aim as to taunt trump because reportedly it sends trump off the a rails. he thinks it supersedes voter concerns about his age, and for them, the longer nikki haley stay in the race, the better. team bind looked at iowa as confirmation of their path to victory. only 110,000 people voted there which was the lowest turn in a quarter century, and of the people who did vote, nearly half chose someone other than trump.
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but today there are 7 states voting that have an uncommitted option on the democratic primary ballot, and that's going to be a great measure of biden's problems with the muslim and arab constituencies over israel's war on hamas. michigan was a cautionary tale for the biden team, about 100,000 people voted uncommitted and that is a huge number in a a swing state that biden only won by a margin of 15 is 4,000 votes last cycle. so they're hoping that today they get less embarrassing numbers, stuart. stuart: less embarrassing numbers, interesting. thank you very much, indeed. house oversight committee ranking member jamie raskin wants legislation to remove trump from the ballot. if roll tape. >> i am working with a number of my colleagues including debbie wasserman schultz and eric swalwell to revive legislation that we had to set up a process by which we could determine that someone who committed insurrection is disqualified by section three of the 14th amendment. and the house of representatives
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already impeached donald trump for participating in insurrection by inciting it. so the house has already pronounced upon that, and there was also a 57-43 vote in the senate. the question is whether speaker mike johnson would allow us to bring this to the floor of the house. stuart: west virginia attorney general patrick morrisey joins me now. what do you think of this move by raskin? to me, it smacks of desperation. what say you? if. >> i think it does smack of desperation. and and i think he's going to find there are a lot of obstacles, the same kind of obstacles that i think some people on the far left found when they were trying to utilize the court system or have an unelected secretary of state deem that president trump should be disqualified from the ballot. this is a small group of people, and they're trying to do everything imaginable to prevent the voters or from expressing their views and casting a vote for the republican nominee for president. i think it's highly problematic.
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that's why the supreme court ruled against that radical effort, and i think you'd see the same thing happen if we go to congress because here's what we're talking about the here, they're targeting one individual. that's what this is all about. and the constitution doesn't want you to target one individual, have specific punishment for one person. i think they're going to run into with a lot of problems, and it's a shame this radical group of people, they do not want the voters to make a decision can. stuart: exactly. next one, mr. attorney general. trump wants the supreme court to rule on his presidential immunity case. do you think the court will side with trump on this? >> look, i think the9 president has a strong case that there needs to be immunity when you're making decisions. the president has impossible decision-making tasks, and there could be situations where it's almost -- it's so difficult to put yourself in the shoes of a president who has to choose from life and death, who lives and
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who dies. so i think the court is going to review this very carefully, and i think that there should be a very, very high bar, clearly, before you would deem that a president should be held liable for the acts in the office. i think it has to be set at the highest possible level. it's hard to predict what the court will do, but i do think that they do understand what you saw yesterday is there are a lot of really aggressive political efforts to go after trump, and they've set those aside is. i'm hopeful they're going to view in the same way. >> when do you expect a decision on the immunity case? because the timing is very important. i believe the democrats want to get him in court before the election. >> yeah, look, it's difficult to put an exact timeline on it, but obviously they're trying to get this done very quickly and to try to have some decision presumably before the end of the june term. but i think it's going to be extraordinarily difficult to have a trial of president trump
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before the election. i think time is moving past and that a lot of this is going to be pushed to post-november. that's what i think will happen in light of all these decisions. stuart: got it. patrick morrisey, attorney general of west virginia, thank you very much for joining us. >> hey, thanks for having me on. stuart: sure thing. a leading democrat, a bigtime lawyer taunt thing donald trump on social media. come in here, ash. what is marc elias saying? >> well, he's one of the democrat party's most aggressive election lawyers, and and he's connecting trump's poor showing in the d.c. g to work p primary with the jury pool for his 2020 election inter interference trial. elias post on the x platform, quote, in a city of 700,000, donald trump got 676 votes in the gop primary, a tough jury pool. finish well, conservatives immediately responding to that. columnist mosha hill wrote:
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democrats brag about how utterly corrupt they are while another said, quote, so in other words, no way trump could get a fair if trial there. thanks for the admission, i'm shower his attorneys will enjoy using this tweet for any future appeals. he's right. stuart: i think he's right, ashley. i can see that. tainting the jury pool. thanks, ash. coming up, president biden gave a rare interview to the "new yorker" magazine. of course, it wasn't on -- camera, so it's easily controllable. media guy brent bozell takes that on. skyrocketing costs pushing small businesses to the brink with. the owner of a local restaurant in north carolina tells us how he's dealing with inflation. that's next. ♪ if i had a million dollars -- ♪ we wouldn't have to walk to the store. ♪ and if i had a million dollar- ♪ we'd take a limb epstein, 'cuz it costs more ♪
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stuart: markets still show a lot of red. dow down 250, nasdaq down 260. mike if murphy's with me, and he's brought stock picks. and if he's starting with nike. >> yes. stuart: where's it going? >> so from 180, it's come down to below 100, down to these levels a few times. every time it has, it bounced.
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they're a global brand. it has not been tarnished at all, they're still very strong. i spend a lot of time at basketball gyms on the weekends, all the kids are wearing nike. the company's as strong as ever, so the selloff is an opportunity to own it. stuart: so it's a cup to buy. >> absolutely -- a dip to buy. absolutely. stuart: tesla, it's down to almost 178. >> they got hit with some negative nudes over the weekend, more this morning -- news over the weekend. but if you believe in what elon musk and the company are doing and when it was trading from 220-250 and back and forth, a lot of people were in there, now you have an opportunity to own the company under $180 a share? absolutely buy with it. nothing do this should -- this factory issue will be over in the near term, it won't affect them long term, so you're getting an opportunity to buy it cheaper concern. stuart: you're talking about the fire at the berlin factory which has shut down production. target, they're already are up 10, 12,11%.
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you buy on the stocks which are going up. >> you like to buy if them before they go up, quite a whilely, but when i look at target, i'm shocked by the move in this company because same-store sales flat for the year, down in certain areas, their online business isn't growing. so to see this big move up, i wouldn't be a buyer of this tock at all. i don't like the way they run the company. i think there's much better retailers out there. there's the threat of the consumer slowing down, so if you're fortunate enough to be in this stock, i would be a seller. stuart: well, normally you bring stock picks that are going to go up. now you've got a stock pick that's down -- >> i'm here to bring value to the viewers or. offer lauren an honest man. stuart: what a guy. murphy, thank you very much, indeed. now this, inflation's so ba, lauren. so bad that cookie monster is taking notice. lauren, sesame street, what's this got to do with inflation? lauren: i think it's insulting. the whole idea that
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shrinkflation is making cookies smaller, so cookie monster says me hate inflation. me cookies are getting smaller. that is partially true. i mean, i was talking to an executive at a mondelez, their ritz crackers, if you notice now, everything's in individual servings. instead of the big stack, you get the individual small stack. that's fewer crackers. it's not smaller crackers, it's fewer crackers. and moves like this are not okay with some democrats like senator sherrod brown from ohio. he's taking it a step further. he says big corporations shrink the size of their products without vipging -- shrinking their prices all to pay for ceo bow if us ins. and then the white house agrees. the white house says, well, c is for consumers getting ripped off. this is so demeaning. so president biden is calling on companies to put a stop to this shrink e nation. and again, we said this in the 9:00 hour, is that the economic pitch to the nation, is that what we're going to hear on thursday? if big business is bad, but scolds them, let's demonoifize
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them and talk down to the american people using cookie monster. stuart: murphy's been gnashing his teeth through this. what have you got? >> if you force mondelez to lose money when they're selling the ritz crackers, they're going to go out of business. they can't run the business while they're losing money, so they need to generate profits. that's either raise quite prices or reduce the amount of servings per container: it's kind of common sense. but to say that a company can't make a profit, congress that's really what america was built if on. stuart: it's crazy economics. thank you, everyone. if now this, skyrocketing costs are driving up the price of cheeseburgers, and that's pushing some restaurant owners to the brink, we hear. barrett is the owner of johnny rogers' burgers, and he's with me now. what do you charge for a burg burger now, and what did you charge a year ago? >> right now we're up around $12 for just a cheeseburger.
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a couple years ago we were looking to charge right around $8 for that same price. so, you know, our menu costs have gone up just exponentially to try and stay alive. stuart: is it all parts of the cheeseburger, the bun, the cheese, the beef? everything's gone up, right in. >> everything's gone up. you have insurance, you have utilities, you have the cost of labor. everything that you can think of in our industry that is routinely a low margin, tight industry to make profits, it really has just rink everything that we're -- shrank everything that we're trying to do in order to turn a profit in the business. stuart: you were talking to our booker, and it appears that you lose money when people order takeout. is that accurate? why would you lose money on a takeout deal? >> that's correct. it's the price of everything that goes into that takeout
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meal. it's the infrastructure with the ordering online, it is having somebody to take the order over the the phone, it is the increased costs of all the to-go packaging, you have to-go box, the gloves that it takes to prepare the food, the ram cans, the cups, the straws. everything is up 30-40% to where it was. you know, it used to be 20, 25 cents were the cost to prepare it to go, but now, you know, you just look at what it costs to get that item out the door, the food dining trends have changed. there's not as a many butts in seats. people do a lot more takeout. so it's just one more area that the us as businesses are trying to overcome. stuart: one last one. by how much has, have you had to raise your minimum wage compared to a year ago? >> so compared to a year ago i'd say it's more of a 4-year issue or so, 5-year issue at this point in time, just the ongoing
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inflation prices. you know, we used to pay our guys, you know, $9, $9.25 an hour, just short order cooks, burger flip orers. we've really raised our quality since then, and now we're paying guys $13, 14, 15 an hour on average. thank goodness we don't have a super high minimum wage that is driving up the cost of everything else. but as business owners, it's tough. >> barrett dabbs, concord, north carolina. you spelled it out for us. now we know what's happening in the restaurant business. thank you very much, indeed, sir. we appreciate that. come and see us again. >> thank you for your time. stuart: the yes, sir. one company wants to pay you to drink soda and travel across the country with your best friend. ashley, by the way, how much does it pay? ashley: $40,000. not bad, huh? the senior soda consultants, as they will be known, are going to visit four cities across the with $10,000 the allotted for each city.
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the sweet gig, by the way, being offered by o to ly pop who says the perfect candidates will be two best friends who can create content, showcasing the cities they visit and also, of course, end representing the company. there are all the different flavors. there's cherry, classic root beer, blah, blah, blah. people have until march 2 2nd to apply. you have to submit a resumé and some video samples, stu varney, to share and say exactly why they would be the perfect super fans. the senior soda consultants, by the way,ing start their journey on april 5th. it's a big effort for olipop soda, but it's a pretty good gig. stuart: not bad. i'd invite murphy to come with me, but he couldn't take the pay cut, could you? you you just couldn't do it. >> i'm busy for the short term, but maybe in a couple years -- [laughter] stuart: an interesting retirement journey for me. thanks, ash. coming up, a member of the biden administration makes six
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stuart: well, will you look at meta. it's down $7, 1.5%. both facebook and instagram reported worldwide outages. a meta spokesperson says the company's aware of the situation and working hard to fix it. got it. worldwide outages there. show me bitcoin, it briefly topped $69,000. that's a new record high. it's down to 65 now. lauren: right. stuart: how are the crypto plays responding? lauren: they're starting to pull back as the price of the token pulls back. but, look, i think there's still wind at the sails here.
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people don't or people aren'ting right now buying bitcoin to use it. they want to own it, right? and they have a way to do that. the small, little retail investor can own it through these 11 e etfs. that's a changed the conversation about bitcoin and maybe soon about a neitherrer. and -- ether. and so much demand partially because of the etf. supply? if i mean, there's only 2 million bitcoin left to mine. stuart: okay. murphy here is actually no fan of cryptos at all. do you really think it's possible that the government would seize bitcoin? if there were real trouble with the dollar, for example, real trouble with the government, seize that? >> so if you talk about trouble with the dollar, you talk about the government suddenly not backing the dollar as an alternative to my if yacht currency -- fiat currency, if we were in that world, i think your bitcoin on your phone in an account somewhere could easily be seized. i don't see how that's safer in any imagination, under any circumstances. i don't see your bitcoin safer than my dollar in my pocket.
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stuart: that would be unconstitutional, would it not? >> we're talking about a very -- stuart: an extreme situation which we're never going to get to. >> probably never get to. but as lauren point points out the supply and demand if thing, i think for people watching right now there's not a lot of supply. but with when people start selling, there's your supply. is and where's the demand as it starts dropping? i'm not against it, but i don't own it, and i see better places to invest any money. -- my money. stuart: i'm sure you do. and you've done well. now this, taxpayers could be on the hook for billions of dollars to send migrant children to school. kelly saw beforely in chicago. how many migrant children are enrolled in the public schools there, kelly? >> reporter: hi, stuart. well, we are in front of one of these schools that's experiencing the strain on their resources right now. the district saying it's about a 5700 more students that are immigrants that they're now educating, and this has really stabilized the district's
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numbers for the first time in a while. the u.s. census bureau tells us that the per-pupil if spending for the 2021-2022 school year is the most recent data that today collect. so to get a sense of what spending has been like, we use information recorded by the department of health and human services. the department calls in the number of unaccompanied children released to sponsors. we then compared the data in the year that texas governor greg abbott began busing migrants to sanctuary cities. keep in mind the numbers are likely higher since there are no reliable enrollment counts. based on that information, we found that new york spent over $23 if 3 -- 233 million, california spent $197 million. illinois spent $62 million, and colorado spent almost $2million. -- 21 million. one teacher in denver told fox that the migrant crisis is really straining the school resources.
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>> we don't have the funds to make sure that we have resources for all of our students, so teachers are scrambling. so we're really desperate right now. >> reporter: the chicago teachers union, the american federation of teachers and and other advocacy groups recently had a round table to discuss and urge the state, local and federal government to give them more money. back to you, or stuart. stuart: i got it. kelly, thanks very much, indeed. the federal government pledged to send $170 million to help with new york's migrant crisis. ashley, how much of that money has the city received so far? ashley: $49 million. and that is not much when new york says the migrant crisis set the city back $10 billion through the next fiscal year. the city's budget director says the feds have provised a measly 1.5 -- provided a measly 1.5% of the city's total projected bill. the latest data shows the city itself has already forked out $4
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billion to house and feed more than 170,000 the asylum seekers since the spring of 2022. now, the state the is pledging to help. governor kathy hochul has allocated $4.3 billion across this year and and next to help with the migrants but, you know what? that covers just under half of the city's projected costs. just not enough. stu. stuart: doesn't make it, does it? thanks, ash. all right, it's that that time. show me the dow 30, please. a lot of selling, as you can see. the dow is down 300 points, it's down to 38,675. members of the media lost their minds when the supreme court ruled in paver of donald trump -- in favor of donald trump. we've got a montage that'll make your head spin. you'll see it next. ♪ ♪
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stuart: the administration is paying someone a six figure salary to travel the world and talk about lgbtq issues.
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ashley, is this an official state department position? ashley: yes, it is. it actually began over obama. it was kind of vacated during trump, but with jessica stern has been a appointed again by president biden in september of 2021 to serve as a special envoy within the state department to travel across the world and attend pride events. her job is to advance the human rights of lesbian, gay, bisexual where, transgender, queer and intersex persons. stern has reportedly called the mission a, quote, u.s. foreign policy prairie. the job pays -- priority. the job pays more than $180,000 a year, and so far she's traveled far and wide to six continents and at least 22 countries from australia to botswana, from sweden to vietnam. stern, by the way, has also been a vocal critic of legislation in the u.s. that tries to prevent children from being exposed to sexualized drag performances and from medical interventions that aim to change their sex.
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stern has called those an absolute tragedy. stu. stuart: okay. i'll reeve it -- leave it right there. thank you, ash. ashley: good idea with. stuart: the supreme court's unanimous decision the keep trump on the ballot did not sit well with with the left-leaning media. watch this. >> now the body, i guess it's the same body, doesn't want the deal with the whole insurrection thing, doesn't want to deal with the extraordinary nature of what trump did. >> what's the motivation behind it all? what are the fears that block it, block us from if holding this man accountable? it just shows that some people are above the law. >> well, i don't think it was a big win e for america. >> unfortunately for america, the court isn't necessarily wrong that this is the way the framers wanted it to be. >> i found it hard to keep a straight face being a minute of the media myself. the immediate we ya research center's brent bozell joins me
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now. did these people really believe that one state should decide who's on the ballot in the other 49 states? is that what they really believe? >> yeah. this is trump delusion. look, anybody who looked at this case, you didn't need to be a lawyer to recognize that that states don't have the right to run federal elections. and the fact that it was a 9-0 vote, so many of these votes -- have you noticed during the obama administration so many of these were 9-0 votes, even left-wingers in the supreme court said this is ridiculous and threw the it out. no, this is trump delusion. another one is you're seeing they're all talking about how trump is a danger to democracy. [laughter] where did this start? it started about two months ago. it's the echo-chamber. they're all echoing each other's words. so right now, you know, it's like that movie where the heads turn around and explode if off the bodies. they cannot believe this man still on the ballot. stuart: okay. the president's going after donald trump in an interview
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with the new yorker or. he says losers who are losers are never graceful. i just think that he'll do anything to try to win if and when i win, i think he'll contested it no matter what the result is. i'm not so concerned about what the president is saying, but why wasn't this interview on camera? >> yeah are. you know, stuart, i thought the line that dr. phil gave, i think it was on a fox show last week, was perfect. talking about the medical exam where he refused to take a cognitive test. dr. phil said anyone who has nothing to hide doesn't hide anything. and this man is not just hiding, he's hiding himself from the american people now. he went to the friendliest with of friendly outlets, the "new yorker" magazine, that has done puff pieces on him in the past. he went to them where he wasn't on camera, you couldn't see him, you couldn't hear a his answers, and that's the kind of interview he's going to give. no, no, the man -- he's hiding
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something. stuart: it's the new basement strategy, hideing. brent bozell, sorry it's so short. bring you back soon, okay? got it. it's time for the tuesday trivia question. i like this one. what was the most visited city in the world in 2023? istanbul, london, paris, dubai? the answer, when we return. ♪ ♪ (vo) sail through the heart of historic cities and unforgettable scenery with viking. unpack once and get closer to iconic landmarks, .. because when you experience europe on a viking longship, you'll spend less time getting there and more time being there. viking. exploring the world in comfort.
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stuart: i thought this was an intriguing question, the most visited city in the world in 2,023. i but naturally say london or paris or not, i can't see istanbul. lauren: if you just touched down in the airport for a visit. stuart: ashley, you are first. ashley: i will go with paris because france is always up there, number 3. lauren: ditto, paris. >> number 2. stuart: i say dubai. the answer is istanbul. 20 million people visited the city. the best times to visit are april, may, september. thanks for sticking around during an entire hour. see you again tomorrow. the supertuesday results. coast-to-coast starts now.

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