tv Fox News Live FOXNEWSW March 9, 2024 9:00am-10:00am PST
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and a border patrol agent crashed friday killing at least three onboard, this as president biden faces increasing pressure to address the cry ace at our -- crisis at our southern board. welcome to "fox news live," i'm griff jenkins. aishah: i'm irish -- either shah hasnie, the fourth person on that aircraft reported to be in critical condition. jeff paul has the latest from eagle pass, texas. >> reporter: investigator s along the u.s./mexico border are still trying to figure if out exactly what went wrong leading to that helicopter to crash. we know at the time there were four people onboard. three were killed, two were were soldiers, one was a u.s. border patrol agent. the fourth person, the only survivor, is a soldier who was injured. our sources tell us that soldier is now in critical condition. this all happening friday afternoon in a field in a small town in the rio grande valley near the u.s./mexico border.
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they were flying a uh-72 lakota helicopter. it was a principal support mission and we're it would was not related to texas eon going operation lone star of fox news if spoke with chris cabrera who had this to say about what exactly that crew was doing and the ongoing crash investigation. >> they were on routine patrolling, i think they were tracking some people that the had crossed, some illegal aliens that had crossed into the country. of so they were in the process of looking for them. they had some type of mechanical difficulty, went down in a hard landing and, ultimately, you know, you know, three died. >> reporter: here in eagle pass, texas, migrants continue to arrive at the southern is border. just yesterday our cameras captured this group of nearly 100 migrants at a nearby hydro plant. this is an area just outside a fenced-off spot in zell by park. we're not -- shelby park.
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we're not seeing as many of those big groups as we used to in the past, but we're still seeing smaller groups arrive. we just saw one this morning cross the rio grande in eagle pass, texas, and police continue to get those calls about suspected smuggling. aishah? aishah: jeff paul live for us, thank you. >> i don't trust the guy. i don't trust the guyment. whatever he says is meaningless. america's about a action. if it's about action, not words. friday griff that was texas congressman tony gonzalez pushing president biden to take action on the border. he joins us now for more on what can be done to stem the flow of migrants across the southern border. congressman, thanks for joining us on a saturday. i thought that was a really interesting answer you gave my colleague, aishah, talking about actions, not words, and a lack of trust there. i want to know what a did you mean by that, and what actions would you like to see president biden take now? >> yeah, griff, thanks for having me on. and, look, americans are dying. y'all just showed the footage of
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americans that have been killed with this border crisis that joe biden has opened. he started this crisis, and only he can end this with the stroke of a pen. so one of the things i'd like for them to do, people around coming over illegally, you deport them. deport them by the thousands, not by the dozens. you do that, and this crisis gets under control. he could do that, absolutely, today. and also, by the way, the state of the union, basically yelled at everybody for an hour. i think back to my time in the military. people respected now not by the rank you wore on your collar, they respected you by your actions. and once again, that is what i'm calling for the president to do. joe biden needs do deport people by the thousands, not by the dozens, and let's get this border under control. griff: tony, you just used a word that is getting a semantic battle here in washington, and that is you said these individuals illegally crossed. the president is taking flak from some in his party for using the word illegals. so let's get it clear and on
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record here. should we call those that are not legally present in the country that cross and broken the law, are they, is it appropriate to call them illegals? >> it is absolutely appropriate to call people that have entered our country illegal, illegal aliens because that is what they are. they have broken the law. for whatever reason. you can debate why they broke the law, but they have broken the law. and this is, griff, you know it so well why so many people are frustrated and angry. here you are, american americans, you're doing all the things you're supposed to do, you're following the rules, you're paying your taxes, you're doing everything you're supposed to do, and all of a sudden you're at the back of the line while people that are breaking the law, that are illegally entering our country, are getting to the front of the line. this is something that joe biden doesn't understand, and it's something where americans have had enough. what about us? what about us that are dying along the border? what about our lyes? i'm here can -- lives?
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i'm here at an exotic game convention in south and west texas. there's a wonderful hunting opportunities, a lot of people do not want to visit our ranches because they do not feel safe. it's not fair to the people that live there. griff: tony, i want to address the news we led the show with and you heard jeff paul's reporting there. tragically, at least three dead, a helicopter crashed, it was a national guard operation but they had a border patrol agent that assists them, helps them because they're familiar with the area. what are you learning about that? >> i know governor abbott and lieutenant governor dan patrick are addressing the national guard situation, and they're going to be there for those families. i spoke with border patrol chief jason owens with. you know him well, you've interviewed him very well. we spoke this morning, and this is what i think is interesting. jason owens is there on the scene. he was there yesterday, he's there today. and this is once again where actions matter and leadership is about showing up in good times
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and in bad. sadly, mr. luna is, his wifeest meal da, and two young children are left behind. the border patrol agent, chris luna, or he comes from a long family of border patrol agents, a long list of servant ises. one of the things i talked to jason owens about is what about his family, what can we do to help them. and he is on it. once again, this is the tube of leadership that we need. -- type of leadership that we need. i'm grateful for jason owens in that seat. and we need to do more. but it can't just be words, it has to be actions. the other thing too is fox showed video of some of these cartel members laughing. i have long pushed to label cartelses as terrorist organizations. donald trump the recently came out, president trump came out and said it's time for us to label cartels as terrorist organizations. let's take the gloves off, and let's hold these, these criminals accountable. griff griff and good on chief owens for being there. two quick more questions before
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i get -- before i run out of time here. you're now in a contested runoff after super tuesday against a political november if vis that is a social media influencer and gun shop other than. are you concerned about the runoff? >> run ioffs, first off, it's the toughest district in american -- in america. it's larger than 30 states. so much happening nonstop in the destruct. runoffs are great though. you don't get any sleep, you lose a lot of -- lot of weight, and as long as you work your guts out, you'll be just fine. you either get stronger or die politically. so i look forward to the runoff, i look forward to reminding people all the work that we've done, once again, showing up in good times and in bad in order to hold these men, in order to hold joe biden accountable. griff: quickly, lastly, the tiktok bill, you're going to be voting, it sounds like, next week on a bill that would essentially ban tiktok by forcing the parent company, bytedance, owned by china to divest is.
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what are you -- how are you going to vote on that, and what do you make of that? >> we need to ban tiktok. china is poisoning our children with fentanyl, and they're poisoning our children's minds with tiktok. and it's very clear, we've got to bring our country back. we've got to gain our country back by ticking -- kicking out these chinese communists that are trying to seep into our children's brains and bodies, and we do that by banning tiktok. i'm glad congress has finally got something -- finally got something over the finish line. these are the type of things. let's put americans first. griff: i'm not sure the young focus are all going to be onboard with that, but we shall see what happens. representative tony gonzalez, thank you for your time. >> thanks, griff. aishah: all right, let's go to the other side of the aisle now, democratic congressman from massachusetts and member of the house transportation committee and the select committee on china, the perfect guest for our topic today the, jake audiocassetten close. happy saturday to you. thanks for joining us. so, congressman, first off,
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let's talk about tiktok. this is just so crazy, what's happening now. tiktok seems to be at war with capitol hill. very, very upset about in this possible bill that might pass in the house and in the senate. i'm hearing that the offices in the house are getting inundated with phone calls from middle school students, some folks -- some kids that are saying they commit suicide if you guys get rid of tiktok. is your office getting a lot of phone calls? >> we didn't probably because i'm not on the committee of jurisdiction, but that behavior you hear from tick texas proves the point, doesn't it -- tiktok, doesn't it? we need to take on the greed of these social media corporations whether it's tiktok, meta or twitter. they are plundering our political discourse, hacking our children's attention spans and profiting by monetizing their scroll time, and it's time that congress steps up and puts parents and children ahead of the interests of these trillion dollar companies. but we can't do that if tiktok isn't subject to u.s. laws, so
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we're demanding that they answer to the us and not xi jinping. aishah: aishah: it seems like everybody's on the same page here, which is so is unusual in washington, but what do you make of the president's campaign still on tiktok? do you think they should put that on pause until something happens with this bill? >> i think two things are true simultaneously. campaigns are always going to take advantage of all legal means to reach voters, any campaign that's in a competitiv- aishah: but doesn't it send the wrong message -- >> so congress needs to step -- can i think the message it sends is that joe biden wants the talk the young people what'sen on their minds whether it's cost of living or foreign policy. but i know that joe biden wants the sign this bill to insure that tiktok is handled by congress and not xi jinping. aishah: okay. let's talk about the state of the union. there was a moment here that's getting some pushback from some
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of your progressive colleagues here. the president calling people who came across the border, who come across the border illegally, he called them illegals. i want to play this sound bite for you with. >> lincoln, lincoln riley, an innocent young woman who was killed by an illegal. that's right. but how many thousands of people being killed by legals? to her parents, i say my heart goes out to you having lost children movements i understand. if -- children myself. i understand. if. aishah: okay. and so he's getting some pushback for using the word illegal. do you think he did the right thing here? if. >> the president was using one of his superpowers, which is empathy, to connect with the more than people. one of their top priorities, which is the border. the border is not secure right now, and there have been two approaches to try to make it secure. one is the republicans' partisan attempt that would defund
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shelter and services programming from states like my own that is helping to keep them afloat financially as they deal with the migrant crisis, that would deny ukrainian work authorizations as they come to this country, and the other approach is a bipartisan approach -- [audio difficulty] fairest set of border security measures of the 21st century that donald trump torpedoed. what joe biden was saying work with me in a bipartisan approach. aishah: but isn't there any executive order that the you would back? >> the president has used executive orders experhapsively, and temporary parole status has been one example of that where he's -- [inaudible] haitians and ukrainians and afghans to provide work authorizations and and other means of them integrating into american society and contributing to our economy. but he needs congress to act. congress hasn't acted since i've been alive, and he needs to act -- can. [audio difficulty] to shut down this border between port ifs of entry and expand due process -- aishah: before i let you go, i have to ask about the laken
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riley act where 37 democrats voted along with republicans, clearly, they thought this was common sense to allow i.c.e.s to detain illegal migrants when they commit a crime. congressman, i don't believe you voted for this. can you explain why? >> because it undermines due process. in this country we do not take away due process from individuals who have been charged but not convicted of a crime. and one of the things that i -- [inaudible] about the american system of government is that we have rule of law for everybody, the most powerful and the least amongst us. aishah: but even people who are not citizens of this country who committed a crime by coming into this country illegally? >> let's be clear, clear, they can be deported for the crime of. >>sing -- crossing the border illegally. that is true now and it's true -- [audio difficulty] in the past. of what this law would do is say that they can be with detained for just being charged with a crime and not being convicted of it. and in this country, everybody gets their day in court to prove their incidence.
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aishah: perhaps if the language was changed, you might support that. >> i've been a consistent supporter of being tough on crime. everybody in this country has to obey the law from former presidents to migrant. but we are going to give everybody the chance to -- and to dive conclusions of law. aishah: okay. thank you so much for joining us. we've got to leave it there. have a good weekend. >> good afternoon. aishah: president biden is touting better than expected jobs report numbers as he faces mounting criticism over hot mic if moments after his state of the union address. lucas tomlinson has the very latest. >> reporter: that's right. president biden caught on a hot mic if on the house floor after his state of the union address saying that he would have a come to jesus moment with the head of the jewish state. as you mentioned, the white house touting the jobs report which beat expectations, 275,000 new jobs a although unemployment ticked up from 3.7 to 3.9%.
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here's the acting labor secretary with our own edward lawrence. >> we have seen over 700,000 manufacturing jobs created, but many of these investments have not yet actually hit the ground. >> let me just put something in perspective. in the fourth quarter, gdp grew by about 330 billion. it cost us $830 billion in debt to pay for it. that is unsustainable. >> reporter: let's take a look at that new jobs report from the labor department, aishah. about a third of the new jobs came from health care and social assistance. 52,000 were government jobs. leisure or and hospitality saw a nice bump, but manufacturing saw a drop of 4,000 jobs. president biden touting that, his strong economic message according to him in that state of the union address thursday night. the speech was not without its share of outbursts from lawmakers. georgia congresswoman marjorie taylor green demanding biden say the name of that young woman killed by an illegal immigrant in her home state. >> it's not about him, or it's
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not about me. i'd be a winner -- not really finish. >> [inaudible] [inaudible conversations] >> lincoln, lincoln riley, an innocent young woman who was killed by an illegal. >> reporter: president biden might have had football on his mind there. of course, lincoln riley is the head coach of the usc trojans. president biden was later asked about describing the alleged killer of lincoln riley before leaving for philadelphia. >> >> reporter: do you regret using the word illegal to tribe immigrants last night, sir? >> well, i probably -- i don't -- technically, he's not supposed to be here. >> reporter: president biden is off to atlanta later today. georgia, of course, a critical swing state in the 2024 election. back in 2016 georgia had two
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republican senators representing that state. today it has none. aishah is? aishah: lucas tomlinson, at least he's being honest about the status of those e people. we appreciate you. thank you that, lucas. griff: well, it's out there. the pentagon releasing its report on whether alien technology was behind recent ufo sightings. that's next. ♪ i brought in ensure max protein with 30 grams of protein! those who tried me felt more energy in just two weeks. -ugh. -here, i'll take that. woo hoo! ensure max protein, 30 grams protein, 1 gram sugar, 25 vitamins and minerals. and a new fiber blend with a prebiotic. (♪) choice hotels is a family of brands that helps you get the most for your money, so you can be any traveler you want to be.
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griff: welcome back. a united airlines plane leaving san francisco international airport thursday was diverted to los angeles after a losing a tire during takeoff. the tire damaged several weeks parked in an airport employee parking lot. there were no injuries, fortunately, and there's no word yet on what caused the tire to fall off. aishah: so the u.s. navy says the controversial osprey aircraft has been approved to return to flight after what was called an unprecedented part failure that led to the deaths of eight service members in a november if crash in japan. it was the second fatal accident in months, the fourth in two years. it quickly led to a rare fleet-wide grounding of hundreds of ospreys across the marine corps, air force and navy. griff: did you see this? the pentagon says that ufos
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may be unidentified, but they are not from outer space, adding the government isn't hiding anything from the public. but some members of congress still have questions about what's out there and who we should believe. madeleine rivera's live from the if u.s. capital with more. >> reporter: hey, good afternoon, griff. if you're firmly in the camp intelligent life exists, i don't know how convinced you'll be by this report or that was handed to congress. it says that the u.s. government has no evidence of alien technology. listen. >> what we found is that claims of hidden programs are largely the result of circumstance or lahr reporting by a small group repeating what they heard from others and that many people have sincerely misinterpreted real events for mistaken sensitive u.s. practice as uap or being extraterrestrial, quotation. >> reporter: covering all u.s. government investigatory efforts since 1945 but states most sightings of unidentified aerial
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phenomena were ordinary objects and the result of misidentification. the findings also rebut whistleblower claims that the u.s. has been reverse engineer being alien spacecraft and is concealing that program from the public. the d to od argues there is no -- dod argues there is no prof of -- proof of that, but the department of homeland security once received a proposal to reverse engineer any discover asked extra trees trial technology. -- extraterrestrial technology. one reason why some lawmakers are still skeptical. >> they certainly haven't been totally transparent with the information they do have. if it's not a uf if o, then is it a weapons system? >> if you don't give people a clear answer, and sometimes the clearest answer you can give is i don't know, some will be suspicious. >> reporter: while the u.s. government request says it has no evidence of alien technology, the pentagon is developing sensor kits to help it collect data on unidentified objects in the sky or space.
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griff. griff: madeleine rivera live for us at the capital, thank you very much. >> reporter: got it, thank you,. griff griff quickly, aishah -- [laughter] i'm not buying that. i did cover the story for fox a few months ago when they were having that congressional hearing. matt gaetz is part of that, and he said he's seen classified stuff and talked to pilots that have been saying they don't know for shower it was alien, but it's nothing they'd ever seen before. aishah: yeah. griff: i say if you want us to stop questioning you, pentagon, then release everything -- aishah: release it all a. you know there's lawmakers out there that actually believes that's us but from the future and and we've just come back through, like, a worm hole or something. griff: now my head's exploding. [laughter] what's the year? i want to know more. aishah: interstellar. all right, griff, another democrat-run city is looking to follow new york's lead here of deploying the national guard, cracking down on subway crime. that's up next. ♪ ♪
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griff: miami beach officials are cracking down on spring breakers, and not everyone is happy about it. one county commissioner says the city's targeting black visitors. danamarie mcnicholl has the story from miami beach. >> reporter: florida is make it very clear -- >> this isn't working anymore. >> and the it's not us, it's you. >> reporter: they are breaking up with spring break. [background sounds] last year's chaos drew large crowds that led to violence. two people were fatally shot. police made over 500 arrests and confiscated more than 100 guns. >> we're a law and order state. florida's a very welcoming state. we welcome people to come and have a good time. what we don't welcome is criminal activity. >> reporter: visitors can expect curfews, are restricted beach access, dui checkpoints and $100 parking fees. the strong police activity to
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stop the violence and lawlessness they saw last year. not everyone is gone board. a miami-dade county commissioner calls the city's message tone deaf implying miami beach was targeting black visitors and trying to make it difficult for them to visit. >> miami beach is, to me, making itself out to be a place that is unwelcoming to a complete group of people during a certain time without regard to individuals. >> reporter: officials in miami say this crackdown is against crime, not visitors. >> we police conduct, not color. so if you decide to come to our city, we expect you to act accordingly. if. >> reporter: i spoke to spring breakers and police who both say that the action is now heading north to fort lauderdale. in miami, danamarie mcnicholl, fox news. aishah: new york governor kathy hochul deploying national guard members to train stations this week in an effort to combat
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time, a move some would like to see in chicago as well. c.b. cotton is in new york city with more on that. c.b., what does it look like down there? >> reporter: hi, aishah. we've all seen, you know, photos and surveillance video of the attacks that have happened here toway riders e when they head underground to get on the train. the attacks are also happening in orr major metropolitan cities, and the crimes are just as frightening. the leader of chicago's largest transit union says he would welcome the national guard in his city because he says the criminals there, you know, they're not too fazed by chicago's crackdown efforts. >> bus operators call for police assistance. nine times out of ten, the person will tell the bus operative i'll wait until the police come because they know nothing is going to be done. so if they're not afraid of the system, crime -- that should tell you how bad the crime is here. when they literally tell the bus
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with operator, go ahead, call the police i'll wait. and they don't get off the bus, they wait. >> reporter: so he says this gun and high capacity magazine were left behind by a sleeping bus rider or in chicago. he says this is why he commends new york governor kathy hochul for the new, additional bag checks. >> two minutes to have somebody check your bag to make sure everybody's safe? i don't see that as a problem. i think that should put a lot of minds at ease, a lot of people at rest on their commute to and from. that two minutes can make a major difference. in that process of going back and forth. >> reporter: and that's what new york governor kathy hochul says she wants for new yorkers, a safer commute. this week we've watched the military and state troopers doing bag checks in the busiestway stations in the city. none having at this current station, but again, we've watched it unfold all throughout the week other places. the ny if pd also deployed an
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additional 1,000 officers to subway stations across the city last month after a spike in transit crime so is, aishah, between that effort or and governor hochul's new plan, there's now a force of an additional 2,000 people patrolling the city's subway system. -- system. back to you. aishah: wow. i've never seen it like that when i lived there. c.b. cotton, thank you very much. griff: all right. for more on the crime crackdown in democrat-run city, let's bring in form former dhs senior adviser charles marino. we've got crime here in d.c., i want to get to that, but there's start in new york where we're seeing, of course, the national guard on the subways. you just heard that great report from c.b. cotton. but governor hochul had this to say this week with about why she feels compelled, she's got to do something. listen here. >> so, guess what? we're going to take some strong action. there's no search and frisk, there's no -- stop and frisk.
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there's no profiling. all this is a deterrent, saying you want to commit a crime? go somewhere else. griff: charles, is that going to make a difference, deploying the national guard in the subway? how do you assess their problem in the big apple? >> well, this is a specifically targeted operation to the subway, transportation systems throughout new york. so it will have some element of effect. but, look, in all these democrat-run cities, griff, as we've discussed before they've lost the key element of deterrence. they are seeing a mass exodus of their law enforcement officers, families, businesses, and this is contributing to a significant loss of revenue in tease cities. and these politicians are now feeling the pressure in the form of votes that they potentially can lose. so this is not a genuine concern to reintroduce effective crime strategieses. these now politicians that are
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trying to save their own hide and keep their jobs. but we do need to get back to the basics here. that means these cities need to enforce quality of life crimes as well as hold criminals accountable for violent crimes as we see many of the same criminals committing crimes over and over again. griff: charles, how much of new york's problem do you see as being a need for bail reform? >> yeah, look, there are some elements of bail reform that are, you know, what i would consider rights of those that go through the court process, a speedy trial, for example, you know in we don't want to throw somebody that's committing minor crimes in jail for the rest of your life. you want to focus the resources on the people that you need to focus on. and that's where we need to confront the recidivism rate, especially in places like new york. you should not have to talk over and over again about a handful of violent criminals that are
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committing thousands of acts over each a year. it gets to the point of being ridiculous. this is the where law enforcement and things prosecution through the district attorney's office need to work in concert or together. these people need to be held accountable, hay need to be taken off the street. law enforcement needs to know that they're going to be consistently supported by their politicians and that the support is not going to ebb and flow with each week and that they're going if to be be able to do the job to keep the city safe. we're talking about capable law enforcement departments in these cities that need to be allowed to do their jobs. griff: let's talk about the situation here in the nation's capital. i've lived here for more than 25 years, and i feel like -- and many of the d.c. residents feel like --st it's never been more dangerous because of the crime. let us show you, charles, the fiscal year 2023. across the board here are the stats. homicide up 35%. robbery up 67%.
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motor vehicle theft, 82%. carjackings up nearly 100%. and overall violent crime was nearly 40%. many point at our local city councils, specifically one member, charles allen, who is up for recall because of his past years of things, calling for things like an essential defunding of police. >> that's right. and you're not going to have a civil society without the two essential pillars of law and order. no society has survived without those two essential elements. so basically, you've seen these cities completely walk away, these same leaders that are now coming back and implementing new criminal enforcement strategies like d.c.'s doing through secure d.c. but, you know, it seems like we're having the same conversation with democrats, and that is get back to the basics, enforce the laws on the books. district attorneys, hold criminals accountable and restore that deterrent effect.
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griff: right. that sounds like common sense that everyone would agree with. and so i want to end on this last question which is how much of this crime crisis, charles, is to blame on voters who voted for the politicians that were telling us what they were going to do with soft on crime policies? >> yeah. look, the voters play a major role in this. they're responsible for electing these people. and they're not holding their cards close to their, to their vest. they're telling these voters exactly what they want to do. look at a place like san francisco, one of the most beautiful cities in the country. the mayor breed out the there has been very transparent if about the lawlessness that she's planned on allowing throughout the city, and voters bought into that. now voters have a funny way of changing their minds, but they need to get it right from the beginning as do these politicians. griff: we shall see what happens this coming november. charles marino, former dhs
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senior adviser, thank you for your time. >> thank you, griff. aishah: memphis police have a arrest rested a man they say shot an officer four times during a traffic stop earlier yesterday morning. madison scarpino is tracking it, can you tell us how the officer is doing? >> reporter: yes, aishah. thankfully, he's now recovering at home after initially being in critical condition. the memphis police say this all started around 4:20 a.m. on friday when the officer a was trying to write the suspect a speeding ticket. finish the 22-year-old suspect started shooting and then took off while another officer fired back. a few hours later investigators found the suspect's black nissan about a mile from the scene and then tracked down the suspect himself. his name is geronimo key. he's facing charges including attempted first-degree murder, evading arrest, using a gun during a dangerous felony and speed being. he was also taken to the hospital for an injury to the hand initially. police also arrested four other
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people they found with him and charged them as accessories. a source is confirms to fox that key was previously charged with vandalism, escaping police custody and starting a riot at a youth detention center years back, but his conviction was expunged. local leaders say peat offenders are to blame -- repeat offenders are to blame for a lot of crime in memphis. >> i think we need to be laser focused on, you know, making criminals -- the criminals don't care about the memphis police department, and that's problematic. >> reporter: police records show the city had 22 murders in the last few weeks, and criminals stole about 900 cars just last month. the city's looking for ways do out down on crime, but for now the suspect ises in the police shooting case are behind bars and the accused shooter is due in court monday. aishah? aishah: okay. thanks for the update, madison scarpino, live for us in
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atlanta. thanks, madison. president biden -- griff? if. griff: president biden is bragging about the state of the economy. i'll take it, i guess. but are voters feeling what's in their wallets? i'm not so sure. that's next. ♪ ♪ ♪ today, my friend you did it, you did it, you did it... ♪ centrum silver is now clinically shown to support cognitive health in older adults. it's one more step towards taking charge of your health. so every day, you can say, ♪ youuu did it! ♪ with centrum silver.
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♪ ♪ >> i inherited an economy that was on the brink with, new our economy's literally the envy of the world. wages keep going up, inflation keeps coming down. inflation has dropped from 9% to 3%, the lowest in the world and trending lower. [applause] the american people are beginning to feel it. consumer studies sew kerr -- show consumer confidence is showing. aishah: president biden touting a strong economy in his state of the union address this week as many americans probably wouldn't agree with him, not feeling any relief from inflation yet. joining us now for more is capitalist pig hedge fund founding member and fox business
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contributor jonathan hoenig. jonathan, always good to see you. so he's talking about, he talked about a lot of things, but one of them was taxes, raising taxes for billionaires by 25%, raising corporate tax rates at 21%. okay. but he doesn't really talk about how he's going to bring prices down for, i think, the majority of people that are watching him, the average consumer. >> yeah. in fact a lot of what a he said simply wasn't true. wages, in fact, are growing at the slowest rate in two years, and respectfully to the president, the u.s. doesn't have the lowest inflation rate. south korea, even canada has a lower inflation rate. this notion that americans too, aishah, are feeling more confident about the economy, again, the statistics simply don't suggest that. 70% of americans are worried about their finances. inflation is eating away more and more of their paychecks. their actual after-tax incomes after inflation have fallen for three straight years. and probably the best example is their credit scores. americans' credit scores have fallen for the first time in ten years, and it's not surprise
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why. the american -- average a american family makes about $71,000 a year. they report they need to make $85,000 a year just to get by, and that's why a lot of that money in this supposedly good economy is going on people's credit cards at all-time high rates. aishah: yeah. i talk to a rot of people who tell me they're putting at lot of things on credit cards, including groceries. we've got some graphics to show what we were paying way back when and what we're paying now. you look at eggs, jonathan, $1.47 a dozen back in 2021 and now $2.52 a dozen. that's up 7 11th. that is -- 71%, that is what americans are actually paying at the goesly store. let me talk about guying -- buying a house, because that's the other part of the story that paints a picture of where we are in the american dream. he wants to offer a tax credit, right, for people wanting to buy a house. well, that's great if you can get to the point of buying a house, right? people are getting outbid by these cash offers, by these
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investment firms, and they're also getting hit by huge interest rates. if you are a hard working american and your spouse is a hard a working american, you make good money and you can't afford a house in america, something is wrong with the economy. >> indeed. in fact, the numbers don't lie. once again, americans are spending about $1,000 extra per month to maintain the same standard of living as they did two years ago. that's real money. and as you said, not surprisingly, the president has another tax, another income subsidy. the problem is when you subsidize something, you get more of it. so with this $400 tax credit in terms of subsidy for home buying, that does nothing to relieve the issue which is lack of supply. there's nothing to address the regulations, the zoning, the mortgage finance that keeps so much of that supply off the market. and and even bigger picture, nothing to address the inflation itself. the debt is increasing by about a trillion dollars every 100 days.
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it's doubled in ten years, the population certainly hasn't doubled, and that's why if i had to put my prediction if cap on, my fear is inflation simply isn't going away. the '70s are a great model. it went down in the early part of the '70s and spiked even as ford and carter kept spending. that's exactly what joe biden is doing in today's economy. aishah: okay, so your answer to my last question is probably not going to be a good one. does this economy, do you feel is it strong enough to where we could see a cut in interest rates sometime this year? >> well, look, the odds of that have come down pretty dramatically. it was almost certain to have a cut in interest rates, and there's a lot of this data, again, it's come out more and more economists are saying, no, the economy isn't ready for lower interest rates. listen to people like jamie dimon, the head of jpmorgan, talking about the real serious threat of all that government debt ask if spending. it's not going away. it's being exacerbated month
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after month after month, and that's, again, something that joe biden didn't address in the state of the union. i certainly think that's what wall street wants to aeroand, ultimately, everyday americans want to hear as they're paying the price for joe biden's profligate spending in d.c. aishah: okay. jon man -- jonathan hoenig, thank you very much for your time. griff: a tornado watch is in effect throughout parts of the southeast today. we'll take you arrive to the fox weather center after the break. ♪ reach your goals. i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. (vo) if you have graves' disease... ...gritty eyes could be more than a rough patch. people with graves' could also get thyroid eye disease, or t-e-d, which may need a different doctor. find a t-e-d eye specialist at isitted.com.
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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
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join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. aishah: a powerful storm system taking it final sweep across the southeast today with a tornado watch stretching across three states now. meteorologist adam klotz has your fox weather forecast. hey, adam. adam: a yeah, we're talking about a big weather system. now, initially really focus here on the southeast, but a lot of folks are going to get in on this. everything in those red boxes is that tornado watch. it's currently in place until 2 p.m. we've seen a couple of small ones spin up with this one. carolinas, ultimately, will get in on this as you're looking at a 2 on a scale of 5 in risk. you're seeing hail, damaging winds and very heavy rain. there's been some flooding with all of this, but that initial line currently sweeping across the southeast from the florida big bend, now stretching into
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portions of southeastern georgia. all areas where you could see some of these big storms. it's not just there, that's where the severe weather is, but still some big thunderstorms and and heavy rain moving into portions of the mid-atlantic, getting up into new england, and there is a lot of wind coming off of this. as a result, coastal flooding could be an issue over the course of the weekend, through today into early tomorrow morning. you're seeing it from new england and stretching down into the d.c. area, really across the mid-atlantic. all folks who could see some sort of flooding as this kind of strong onshore wind continues to batter on top of that seeing some of this rain. a little further north, inland, temperatures drop and sudden arely we're talking about winter weather advisories particularly downwind from some of the great lakes. you could be seeing some lake effect if snow. some areas could see a pretty decent amount of snowfall before it's all said and done. we're looking at spots where you see pink anywhere from 6-12 inches of snow still on the way, so there are spots where winter is not over yet.
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aishah: i thought we were supposed to have an early spring. adam: i know. the ground hog doesn't always get it right. aishah: thanks, adam. but you get it right always. thank you. griff: biden and trump holding dueling rallies today in georgia and an investigation underway into the deadly helicopter crash at the border. "fox news live" continues. ♪ so, no matter what, i'm running this kitchen. (vo) make the switch. it's your business. it's your verizon. life, diabetes, there's no slowing down. each day is a unique blend of people to see and things to do. that's why you choose glucerna to help manage blood sugar response. uniquely designed with carbsteady. glucerna. bring on the day. power outages can be unpredictable, inconvenient, and disruptive to your life, posing a real threat to your family's comfort and safety. when the power goes out, you have no lights,
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