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tv   Varney Company  FOX Business  August 20, 2024 11:00am-12:00pm EDT

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>> i don't say it's pro-palestinian, it's pro-hamas. they know exactly what they're doing, and it's a big issue for
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the democratic party. >> markets have to respond to the what will be happening legislatively. so the divided government scenario that we've had most of my adult life, markets don't mind that as much. >> she looks at the biden spending binge which a lot of americans look at it asen inflationary disaster, and she says she wants to finish the parts hay didn't get through. >> she'll make the economy worse, and it will have a major impact on the poor, the minority, the disenfranchised. >> joe biden is standing on the stage saying you're doing great. don't believe your lying pocketbook. >> she believes it's either-or and you have to break down the corporation and distribute whatever might have been profits to everyone else. ♪ ♪ stuart: what -- [laughter] what music is that? oh, it's frank zappa. i should have known.
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[laughter] doesn't he have a child named moon unit? if i think he does. anyway, i digress, do i not? it's 11:00 eastern time. it is tuesday, august the 20th, and the markets are showing a little be bit of red ink, a bit more than we had a half hour ago. dow's off 690 -- 60 nasdaq down 88 points. show me big tech, alphabet, microsoft and apple up, amazon, nvidia on the downside. the yield on the 10-year treasury has been falling, it's down again this morning. you're back to 3.822%. and now this. here's a policy topic that cam that a harris will have to avoie to avoid as much as possible, at least as much as she can get away with. the issue is the palestinians, gaza and israel. it's a minefield. in nationwide demonstrations against israel and in paver of hamas, people of color have generally sided with the
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palestinians. harris is a woman of color. she has said she will not be silent on the palestinian plight, but how does she deal with this kind of ig chancer and hatred? >> every palestinian, not just me, every palestinian support hamas. >> do you support october 7th? >> who? >> october 7 senate. >> yes, i do. what's wrong with october 7th? you tell me -- >> women and children were murdered. >> what is this [bleep] if. stuart: oh, dear it's really hard to believe such hatred and blind ignorance. but harris will have to deal with it. it's a three-way split. people of color tied to the palestinians, black women tied to the female black candidate. jewish voters appalled at anti-semitism within the democrat party. it is possible that the desire to beat the hated trump will cancel out these difficulties, and harris will no doubt be as silent as possible, hoping that the pro-hamas by -- brigade does
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not make a mess of harris' acceptance speech tonight. obama is the president who tried and failed to negotiate with iran. it is iran that is financing the war on israel. just one more policy mess which harris will avoid as much as possible. third hour of "varney if" starts now. ♪ ♪ in. ♪ if. stuart: ben domenech with me near chicago as of now. you were with the demonstrator thes. i think you were out there for about three hours yesterday. what did you see? >> well, stuart, i've been to every dnc starting in 2000 and from on, and what i saw yesterday was a pretty typical display which is sort of aging boomers, you know, who are, you know, have all sorts of different, you know, a grab bag of different complaints with the democratic party. but i also saw something that i think is very troublesome for
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the harris campaign, and that is this undercurrent of younger populist support for not really just palestine, but hamas. i mean, they were open sort of people who were, you know, carrying out all different banners and things like that that they had made that really went beyond sort of any kind of, you know, dispute with israel over borders or anything like that. it was much more extreme than that, and i think that's what, you know, unfortunately, harris is going to have to adjudicate, and i think the way she's dealing with it is to essentially give them a head not to lean in the direction of these very extreme progressives and basically say i'm really with you. i just can't admit to it. and that's what we kind of saw in the those comments from senator gary peters who basically said, you know, she needs to come out and have a clear break with joe biden on this issue. that's a very dangerous thing to
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say. it's a break with the entire history of american foreign policy as it relates to israel, and i think if she actually does something like that, it would be a historic event for the democratic party many a very bad way for the country. stuart: it would further guide the party and the country. >> yes. stuart: what would jewish voters do after something like that? >> i think they would react and say this is unacceptable. i mean, this is a break with america's greatest ally in the middle east. and hen the other thing that really stuck out to me i have to say, stuart, is there is a abiding hatred there that is very open and really, i think, despicable. there was a group of counter-protesters in that i followed as they walked through the crowd yesterday of people who were waving israel flags and american flags, a very small group. they had posters of dietrich bonhoeffer that they were carrying, things like that. you may have seen the images.
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and the amount of vitriol that was thrown at this very small group of people doing nothing other than just march around the venue that these protesters were inhabiting, i mean, it really did say basically you don't -- just your presence here is unacceptable to us in america and that that, to me, is disgusting. it's a horrible sight to see, and it's something that, unfortunately, vice president harris is doing nothing to condemn and only furthering it by her failure to sort of say this is the a portion of the coalition of the democratic party that we do not agree with. stuart: extraordinary stuff. it's the come to this in america. i'm going to change the subject briefly. we've got james carville, he's warning democrats not to be overconfident in kamala harris. watch this. >> i also would point out that when president trump runs, his -- he overperforms his polling averages. he did it, of course, in 2016. i'm glad that people are feeling
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better, i'm glad that people are excited. but anybody that looks at this with any sense of history or objectivity sees that there's plenty of possible pitfalls that we're faced with. stuart: ben, does trump overperform his polls? >> he does in the same way that the lsu tigers that james carville is a fan of overperform typically. one of the things that i think is really a problem for the democrats is i don't think they have a counter to that, and i think there is a shy trump vote that is out there that we see come time and is again, and the fact is that for all these poll numbers that you're seeing out there, kamala actually needs to be ahead by a good bit more than she currently is in any of these swing states to lock them down in any real respect. stuart: i like that expression, shy trump voters. [laughter] ben, stay with me for the hours. mike murphy with us this morning. we've had a few analysts say the markets do not care about a election. what say you? >> good morning, stuart.
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i think if you look at the moves we've seen in the market, you know, we had that selloff and you can blame it on a lot of different things, but you're going to have those selloffs from time to time. i think regardless of who wins as you get interest rates being lowered, that's going to be a positive for the market. so i don't think it really matters whether president trump wins or if kamala wins in the short term. longer term as policies go into effect, obviously, if you have a harris administration that's trying to stifle big business or trying to tax or fine big business along the way, that that's going to hurt the markets, for sure. stuart: what is leading the market at the moment? is it big tech? >> it is. i think, you know, we'll stick with the innovation story, the growth story. and you can say that's being driven by a.i., artificial intelligence, but really the story's been the same for years now. it's the big tech, the magnificent seven, whatever you want to call them. that's where you're getting the growth, the earnings power,
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that's where people can put their money and watch it continue to grow and get a good return on their money. so that's still the story and i don't see it changing anytime soon. stuart: stay there, please, mike. more stuff for you on the market if coming up later. i want to turn to lauren, and i want to know what's going on at lowe's. i know they report reported early this morning. i didn't expect a 1.5% decline. lauren: they cut their annual forecast, fewer homeowners doing remember nations. but redfin finds a record number of home buyers backed out of their deals because of the economy. 59,000 cancellations in the month of july. so the translation is cold feet when it comes to both buying a home and fixing one up. stuart: hawaiian airlines, what have we got? lauren: i can't believe i'm going to say this. the justice department just cleared the deal and now the transportation department is reviewing that a deal. hawaiian up almost 12 percent. stuart: baric gold, we've got
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gold at near record prices. lauren: yeah. up 1%. many of these names that that you're looking at are also at all-time highs. so you know the gold bars like the ones that are in the underground -- mike's laughing -- in the underground vaultsesome they're now worth officially $1 million each because each weighs 400 toounces times $25090 toan ounce -- are 25000, that's a million dollars. stuart: ask murphy how many 400-ounce bars of gold he's got -- lauren: none. i already did. >> i'm not a gold guy, no. stuart: or a bouillon guy, thanks lauren and mike. coming up, the first height -- night of the convention was supposed dog all about bind, buzz his fair farewell speech was pushed out of prime time. the chair of the house intelligence committee says iran could declare it could go nuclear by the end of the year. how to we stop them? congressman mike lawler on the
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foreign affair ifs committee, he's next. ♪ ♪ ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. ♪ go deeper with thinkorswim: our award-wining trading platforms ♪ unlock support from the schwab trade desk— our team of passionate traders who live and breathe trading. ♪ and sharpen your skills with an immersive online education crafted just for traders. ♪ all so you can trade brilliantly. ♪
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♪ stuart: secretary of state antony blinken is in egypt. he wants to move forward a ceasefire and hostage release deal in gaza. alex hogan in tel aviv for us. where do israel and hamas stand on the deal? >> reporter: hi, stuart. so still a lot to work through in that ceasefire negotiation, but here on the ground in tel aviv we're at the hostage square, this is where a lot of the families have gathered since october 7th as the idf today announced it would trade the body of six hostages, most of whom were believed to be dead aside from one of them.
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this is abraham, he was kidnapped along with his wife, daughter and grandson. all of them were leased in that first ceasefire deal. i talked with that family, they told me that they'd been holding on to hope that one day he would be able to come home too. the bodies of those the six hostages are back on israeli soil, ranging in age from 35-80 years old. funerals will take place to. prime minister netanyahu is telling the country it will keep using all necessary force to dismantle hamas and find the remaining 109 hostages. at the same time, ceasefire talks have not cooled tension on the northern part of israel. this was the scene last night, the idf destroyed a hezbollah weapons warehouse in southern lebanon. today to hezbollah fired as many as 70 rockets from northern israel -- toward northern israel. today secretary of state blinken is heading to qatar, he met with the egyptian president one day after a packed day of diplomacy with government leaders here in
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israel as he said that israel now has accepted that ceasefire, but hamas, however, says that this current proposal on the table leans too far towards what israel wants, saying that they are not happy with the current draft as it stands, showcasing just how long these conversations, stuart, could crag on. stuart? stuart: alex hogan, thank you very much, indeed. let's get back to the convention. aoc slamming trump during her dnc speech. >> we have to the help her win -- to help her win because we know that donald trump would sell this country for a dollar if it meant if lining his own pockets! [cheers and applause] i, for one, am tired about -- of hearing about how a two-bit union buster thinks of himself as more of a patriot than the woman who fights every single day! [cheers and applause] to left working people out from under the boots of greed
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trampling on our way of life. stuart: trump hatred run riot. congressman mike lawler joins me now. you're a congressman from new york. what did you make of aoc's speech? >> look, obviously she knows how to deliver a speech unlike the governor of new york who fell flat on her face. but, look, at the end of the day these are obviously two competing visions for america. and the policies being espoused by democrats at their convention are socialist. you look at it from the an economic standpoint, you look at it from a foreign policy standpoint, you look at it from dealing with our border crisis and it is one extreme liberal, progressive policy after the next. and i think that's ultimately what voters are going to make their decision on. it's not the personalities, it
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really will come down to the cost of living, it'll come down to the crisis at our southern border, and it'll come down to the failed policies on the global stage which have weakened america's standing in the world and allowed i russia, china and iran to rise. stuart: the fbi has confirmed that iran was behind a hack on the trump campaign. now, that comes as the house intelligence chair, mike turner, says iran could have nuclear weapons by the end of the year. congressman, what are you going to do about this? >> look, this is a result of the feckless policies of kamala harris and joe biden. when they took office, they tried to appease iran, they tried to renegotiate the iran nuclear deal. they lifted secondary sanctions on the purchasers of iranian petroleum. it's why china was able to purchase iranian petroleum again, increasing iranian petroleum sales by $100 billion.
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these are the funds that are being used to fund hamas, hezbollah, the houthis and the iran nuclear program. so the united states needs to take a hard-line tactic here and make it very clear that we will not tolerate -- stuart: they won't. but they won't. >> -- and weave to be willing -- stuart: do you believe that this administration, whether it's run by kamala harris or joe biden, do you believe it will take a hard line on iran ever? >> no, stuart. that's the problem. that's why we're in this mess. when you look at what they've allowed to happen, china was on their heels under the trump administration. president trump made it very clear if they purchased iranian petroleum, he would implement if 1000 tariffs -- 100% tariffs on trade with china. iran was broke. they had no money. they couldn't fund terrorism, and they couldn't fund their nuclear program. so it is critical that -- that's why i fought to get the chip act
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and the iran china energy sanctions act a, my with two bills, included in the supplemental aid package. they have both become law. this administration has refused to enforce them thus far even though they were passed and signed into law. this is part of the problem. kamala harris and joe biden are extremely weak when it comes to iran. we need to take a much harder-line tactic. we need to support if israel. when you see hamas refusing to come to a ceasefire if agreement and yet, you know, democrats continue to target israel, they continue to attack israel and say that it's israel's fault that a there's not a ceasefire, hamas once again rejects the terms of a ceasefire and continues to hold americans hostage. it's outrageous. stuart: indeed. congressman, thanks very much for joining us today. always appreciated, sir. thank you. ben domenech with me. iran has grown really, i would say, emboldened under the biden-harris administration. is this an area that trump could drive home and win vote us --
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votes? >> well, i do think in the broader sense, yes. the simple fact is that kamala harris' record when it comes to foreign policy is terrible to the degree that she has one. the biden administration has obviously set the world on fire in so many different ways. they've allowed for america's enemies to gain more ground, they have taken a very soft line in so many different respects, and kamala harris' whole record when it comes to the area of of policy is much worse. at least with joe biden it's devil you know. with kamala harris, it's the devil you don't know. and i think what we really have there is a possibility for donald trump to basically say, look, under my leadership -- stuart: right. >> -- you saw what the world looked like. did that feel more snail did that feel more, did that feel more confident for americans? and i think there's no question that it did. stuart: he's got to get out there and stay on message -- >> discipline is what is required from him.
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[laughter] stuart: all right, ben, thank you. now this, if elected, donald trump wants to reinstate many of the policies from his first term. we were talking about this with ben. like what, ash? ashley: well, tariffs, for one. speaking at a factory in york, pennsylvania, trump brushed aside criticism of his fondness of using tariffs as a negotiating tool and suggested he would rely on them again if he is reelected. the former president also attacked kamala harris, comparing her policies to communism and calls the current administration's new rules on pollution regulatory jihad. critics say tariffs are attacks on american consumers, but trump says that's not true and signaled he would use tariffs against competitors and allies alike saying basically say if china or another country makes us pay 100 or 2020% tariff or tax, we're going to make them pay the same. it's basically you hurt us, we hurt you. stu. stuart: thanks, ashley.
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let's get back to the market. i want to take a look at big tech. we have nasdaq on the downside this morning, and we have a couple of big techs that are actually moving up. google, for example, not much but it's the up. microsoft is up $1 at 42222 -- 4222. amazon, nvidia down. nvidia's down.8%. coming up, kamala harris wants to boost the corporate tax rate to 28%. she's already facing major pushback from business. mainstream media coverage of harris since she became the democrat nominee has -- 84% positive with coverage of trump has been 89% negative. media guy brent bozell -- [laughter] can you understand this? bozell is next. ♪
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stuart: on the markets this morning, it's getting worse. more red ink. the dow's down and -- 130 to, the nasdaq's down 85 points. count make up for all the a green we saw yesterday, but that
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red ink is getting worse. mike murphy, it's time for some stock picks, and your first pick is alphabet google. what have you got? >> yeah. so the stock has sold off a little bit, and there's a lot of negative news about e justice department wanting to break up the company. but i think what people are missing here is that if the company is ultimately broken up, the sum of the parts or a few pieces are spun out, i think the sum of the parts would be worth more than where the train's -- company's trading right now. right now it's roughly a $2 trillion market cap. i think if they force them to spin off some pieces or break up, it's worth a lot more, so i think it's a name we can buy right here. stuart: how about snap. you like that. >> we've talked about snap quite a bit and we've talked about it down here in this $9 range before, and we've seen it trade up to the high teens. it's been down about these -- around these levels about four times these past few years and every single time has had a run of over 50% when it's been down here. so it's a name that, again,
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wasn't a great quarter, but they still have the monthly active users there, so i think they will turn it around and will be profitable, and i think there's a lot more upside from $9, 10. stuart: at the moment they don't make money, and you're expecting them to make money, so buy the stock because when they make money, it'll go up, is that it? >> that's it. and is one other thing, the teens, the teenagers, the one who is people want to to monetize, they're still very active on snapchat, so i think ultimately the company will figure out how to the make that a profitable. stuart: all right, murphy. we'll be back to you shortly, promise. back to politics now. biden gave his farewell speech at the dnc and then set out for a two week vacation in california. matt finn joins me. when's the next time we'll hear from the president? >> reporter: well, to be determined. he's on vacation, and his schedule is not public, it's not made available to us, so we'll keep you update on the happeningses here in southern california. last night in chicago, president
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biden passed the baton to vice president kamala harris, then he got on a flight to santa barbara, landing at 2:20 the a.m. local, 5:20 a.m. eastern time. so the president, who does not work well into the evenings, might be getting some serious r and r here in california. the president is scheduled to be here just outside of santa barbara a for the next week. now, in the windy city last night, the first night centered around biden's speech, but it was severely delayed, into the 1 a.m. hour. organizers claimed it was because of all the aa. [applause] given to speakers before the president. now, during his speech biden insisted this will finally be a ceasefire in gaza, although he said hamas is apparently backing off from peace talks. he criticized president trump using the debunked line about charlottesville, virginia, and positioned himself to be kamala harris' top surrogate. >> selecting kamala was the very first decision i made before --
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when i became our nominee. and it was the best decision i made, my whole career. we've become close friends. she's tough. she's experienced. and she has enormous integrity, enormous integrity. >> reporter: and last night president biden was also asked if he is upset with former speaker nancy pelosi is. he claims he's not. the president is here in santa yne dis, we'll keep you updates on his vacation, stu. stuart: out of sight, out of mind, but who's running the country? matt finn, thank you very much, indeed. biden's farewell speech was pushed back until i 11:50 eastern time. brent bozell is with me now. how does this look, a sitting president having to talk a the after midnight? how's that look? >> well, if you wanted him inside of prime time, you got him inside of prime time.
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this was done deliberately. look, stuart, people who are wiser than me have pointed out that they knew exactly what was going to happen when joe biden debated donald trump, which is why they scheduled it early. they knew he was going to mess it up because of his age, and they knew he would get pushed out. it's those same people who were scared to death of him speakerringing -- speaking on prime time television last night. because, unfortunately, you don't know what a he's going to say or how he's going to come across. so that's why they put him after prime time. they can use any excuse they want to. president of the united states. if the president wants to be inside of prime time, you put him inside of prime time. stuart: brent, your company says 84% of harris' media coverage has been positive, 89% of trump's coverage is mega.. -- is negative. [laughter] clearly, the media is covering up for harris. >> yeah. look, there's so much talk
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about, on fox, about the fact that she hasn't done a press conference if in a month now since she came out and announced her presidential campaign. the answer that she's given, i think, is for the age as where she promised to do an interview by the end of the month. as if i somehow that's sufficient. but what gets me on this is that the media have gone along with it. they are completely at ease with the fact that she is schaaping them and saying i -- slapping them and saying i won't do an interview with anybody. why? they despise donald trump, and if that's what it takes -- look, they know, they know that she's not ready for prime time either. they know why she's in the basement. they know why she doesn't want a to do interviews, because the american people will be horrified by her positions. which is why there's -- and that's a separate study that we did on them where the media have given no coverage to her
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positions and the public has no idea what her positions are. just want to give you one number. if you think about the border, it's the number two issue in americaed today. people -- in americaed today. people are worried sick about people pouring over the borders. 78% of democrats have no idea that kamala a harris' position -- kamala harris' position on that is that the it ought not to be a crime to cross the border illegally. in other words, her position is wide open borders, america should be the world's parking lot. 78% of democrats have no idea. what would happen, what would happen, stuart, if democrats simply knew that one fact? if the media simply reported that one fact? i can guarantee you that donald trump would be up by 20 points. stuart: do not hold your breath, brent bozell. do not do that because it probably ain't gonna happen. brent, thanks for being with us this morning. extraordinary statistics there.
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844% positive -- 84%s positive for harris, 89% negative for trump. >> i mean, it's -- so it's pretty ridiculous. stuart: this cannot go on. >> well, but this is the thing, the power of the legacy media has actually been shrinking, as you know, many so many different respects in affecting the minds of americans. the media's distrusted by them for so many reasons. even absent from politics, their coverage of issues related to covid, related to multiple different issues over the past couple of decades. and with that though they have become more and more extreme in their emphasis on trying to sell people online -- on lies. that's what this is. it's a mystery box lie in kamala harris, someone who as recently as a april and may, these same institutions were saying she needs to be dumped from this ticket in order for joe biden to get reelected. he needs to name someone, one of
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these new people, andy beshear, josh shapiro, somebody else who's a rising democrat star. instead, you know, now they are selling her to the american people as something that she has never been and will never be, which is some kind of political genius, a superstar, a joy -- a bringer of joy, a bringer of light to the american people. that's not what she is, and i don't actually think the american citizenry is going to the buy it. stuart: over the long term, no. thanks, ben. coming up, republicans released a report saying biden defrauded americans to enrich his family. they say that is an impeachable offense. do voters care? business owners across the country ripping into kamala harris' plans for quite price controls. they say it'll just make problems worse. how would it affect the restaurant industry? good question. bar rescue i guy, jon taffer, will tell us. jon is next. ♪ ♪
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♪ stuart: businesses are not really happy with kamala harris' price-fixing plan. they say it'll just make problems worse. "bar rescue" guy jon taffer joins me now. welcome back. we've heard from various industries, and they the all a told us, look, price controls don't work. what about the restaurant business? you're in it. what happens? >> oh, stuart, it's a nightmare. good to be back, by the way. think of a hamburger, stuart. first of all, there's thousands of different hamburger, prime, choice, different shapes, different sizes, prime rib, every blend, every type you can think about. so she she has to send an analyst in to price every type of hamburger. then the rancher's cost can't go up. his price for fear,ed electronics must remain the same so he can sell it to the
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processing plant. then the processing plant's costs can't go up. they have to stay exactly the same, fuel, equipment, transportation, labor. then when it goes to the distributer, his costs can't go up, fuel, distribution, union, all the other costs associated with his business. then the restaurant gets the hamburger in a price-controlled way. now i have a question, stuart, what about the bun? what about the tomato? if. [laughter] what about the lettuce? what about the ketchup? if what happens then? i mean, it becomes absurd. you cannot accomplish this. and when we look at past countries that have done it, stuart, shortages happen. if the bun guy can't make money, he stops making buns. so the supply-side impact is massive. it's an absurd premise. the fact that it's being presented as a policy is as absurd as the premise itself. stuart: okay. next case, harris wants to raise the corporate tax rate from 211 to 28% -- 211 to 28 president.
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what would that do to your business? >> well, stuart, that's taking 7% of the profits that we make out of our pockets. those dollars are used for upgrades for remodeling, for employee raises, for systems, for marketing, research and development. all of these things. a communist country can, china, is 3% lower than us. so two things, stuart. from the business standpoint, of course it's a disaster. we're going to see reductions in pea roll, reductions in -- payroll, reductions in other ways, price increases. things to offset that impact. from an american standpoint, how do we compete in a global marketplace our companies are paying a higher tax rate than our largest competitor that is a communist government and they're 3 points lower? stuart, it destroys the business on a local basis, and it weakens america's economy on a global basis. these are policies that a make no sense. stuart, when you start to pick put these things together, words
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like catastrophe appear. and that's the most horrify being of all. these decisions can't be made on an isolated basis. they have to be made on a collective basis that that puts us on a plan to move forward. stuart: or anti-business socialism. that that's what i'll call it. jon taffe ther, don't be a stranger, sir. we like your input. come back soon. thank you, jon. next case, mike murphy. what would you think would be the impact of a 28% corporate tax rate? >> i think it would be, longer term it's going to have a really negative impact on corporations and the public stock markets as well. but, you know, if you think about it, stuart, i think this sums up the harris administration, kind of the plan that we've seen so far is much bigger government, so government spending will be -- stay high and continue to increase. and they're going to take the money from successful people running businesses to fund that. and that is, i think, somewhere along the lines of the definition of socialism. so it would be bad.
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will the market just have a complete crash and not recover? no. we've dealt with higher corporate tax rates before, so we would deal with it. but it's definitely not a pro-business environment or a pro-business plan. stuart: got it. it might not even happen if the democrats do not control the house and senate. we shall see. >> right. stuart: murphy, stay there, more in just a moment. now this, patrons from a restaurant in pittsburgh are furious with the harris campaign. ashley, why? what happened? a. ashley: this is a weird -- yeah, it's a weird story. they say this past weekend they were enjoying some food and drinks while watching a pirates' game on the tv when they were abruptly booted out. it happened at a well known eatery in pittsburgh, a bit of an icon place. it closed the restaurant, turnses out, for a visit by vice president kamala harris. news video showed hearst meeting people in the -- harris meeting people mt. full dining room. it looks great. but some local residents and trump supporters claim the
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customers were fake, paid actors who had arrived in two unmarked white vans after kicking out the real customers. the harris campaign, by the way, has not responded for a comment. hmm. dubious. stu. stuart: that if that's true, that's cheating. ashley: yes, of course. stuart: ashley, thank you. it's that time when we show you the dow 30. i always say this, give you a sense of the market. an even split, winners and loser, and the dow is down 113 points. a new report from house republicans, serious stuff, biden committed impeachable conduct. what's the evidence? s house oversight chair james comer will answer that one. he's next. ♪ [city noise] investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks?
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stuart: house republican impeachment report found that president biden committed impeachable conduct and dethe frauded the country to enrich his family. house oversight committee chair james comer helped lead that report, and he joins me now. congressman, present the evidence, please. >> well, the the evidence began when we found out that six different banks had issued 1700
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suspicious activity reports against the biden family. these reports are protected by bank privacy laws. the only way to get access was through treasury. we spent the fest three months of the 118th congress trying to gain access in the treasury. once janet yellen allowed us to go in, we found that the bidens have created over a dozen sell -- shell companies for the sole purpose to launder tens of millions of dollars from our adversaries around the world. through those shell companies to ten different biden family members. then we learned with the irs whistleblowers that the bidens never paid a penny of taxes on this money. and i think what you're going to see with our report, it outlines that the bidens have violated the foreign agents' registration act a, the bidens have committed tax evasion, tax fraud, and i think that you're going to see steps taken now to finally hold this family accountable. at the very least, the american people, stuart, know that the
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bidens have been selling access to their father while he was vice president of the united states, and this is something i don't think any american would approve of. stuart: biden will be out of office in the next few months, so because it matter that you move forward with this now? >> i think so. i think it's important to get the truth to the american people. look, when we began this investigation if a year and a half ago a, the conventional wisdom was that the laptop was russian disinformation. we've proven that the laptop was real. the media's had to accept that now. and i think as you're going to see moving forward and more historians take a look at the biden shenanigans and the biden legacy, they're going to see that this was the most corrupt president in the history of america. what my goal is in the remaining month of congress, stuart, is to pass legislation to ban influence peddling in the future. we see where the menendezs always get caught, the jeffersons get caught, but what we've not seen is any type of
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accountability for this family, and not only this family, stuart, but also the government officials in what i call the deep state agencies who have been involved in the coffer-up. the irs knew about this, the department of justice knew about this, the fbi knew about this, the securities and exchange commission knew about a this but yet none of those agencies did anything other than obstruct our investigation and cover up for the bidens. stuart: congressman, thank you very much for being with us this morning and following up on a very important subject. we'd like to hear more. congressman, thanks a lot more coming. let's do a complete change of subject now. this is the tuesday trivia a question, and it's a good one. let's see now. ben domenech thinks he knows the answer. he's a history buff, so here we go. how many vice presidents went on to to become president? 6, 9, 12 or 15? ben domenech will lead the way, and i will probably follow his answerful we'll be back. ♪
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stuart: a very good question from our ace producers, how many vice presidents went on to become president? we have ashley, lauren, myself, and been. been is a history buff. we will go to him first. he will tell us the answer. >> i'm guessing this based on
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the fact every four presidents who were assassinated and some of the other people who became president afterwards when they weren't assassinated i'm going to guess nine. stuart: ashley? what do you say? ashley: i should follow been because he is incredibly smart but i will go with number 3, 12, just to be different. stuart: lauren? lauren: i'm sorry, i think it is 15. stuart: is murphy playing? >> i'm going with number 3, 12. stuart: i am going with number 3, 12. the answer is 15. the first to get promoted to president was john adams in 1796 and the recent was president biden in 19 -- 2020. coast-to-coast starts now. neil: we are focusing on the consumer, the customer, whether he or she is slowing down a little bit

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