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tv   Cavuto Coast to Coast  FOX Business  August 6, 2020 12:00pm-2:01pm EDT

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that brings more advertisers to facebook. investors like this move, censoring the president. look at that facebook is up $11. t breached $260 a share on the back of that news. twitter is up 1.25% as well. interesting, neil. it is yours. neil: you know, i think it is more controversy, the more cash for these guys. they run into a buzzsaw of criticism from both parties rein them in, the more they get that, the more their stocks jump it's weird. it's a weird world. looking forward to tomorrow. i hope you play my video comments that i passed along. meantime, we're up about 10 points at the corner of wall and broad. stuart was mentioning to the president. he might have something to say to the reporters at joint base andrews as he leaves for that trip to ohio. we will go there very much shortly. the front and center news of the day seems to be all the crackdown on security making
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sure people don't sort of waltz into problem areas. it is happening in the nation's largest city, new york city. where they have security checkpoints, virus checkpoints for wont of better term. you can't get in without them checking whether it is okay for you to be in. you go into any train stations, you have to fill out a form say everything is copastetic f you don't bother with that, looking at maybe, 1000, 2000 or more dollar fine and, they can lock you away for 14 days. you get self-quarantined whether you like it or not. not at your home. what a mess. alex hogan, what is happening right now? >> all these checkpoints vary based on how you're trying to get into the city here. at penn station they won't actually stop you. they will give you a form that basically lays out the information what you need to do based on where you're coming from. there are 35 states or
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territoriries across the country are unmannedder to quarantine list for new york city. travelers visiting for the regions need to isolate for 14 days. city workers stationed at checkpoints, they will collect personal information for contact tracing. they are trained to cull travelers from covid-19 hot spots to make sure the mandatory quarantine is as easy as possible. >> from our perspective is that new york city has done a phenomenal job beating back the covid wave. what we're looking to do is help protect those gains. what we're looking to do is help insure travelers coming in from out-of-state, they both feel welcome but they understand their responsibilities. reporter: checkpoints in place at bridges and tunnels but there is reported confusion over how all of this will look. according to the city the locations could change as well as how many cars get checked based on the day. mayor bill de blasio saying not every person will be stopped but this sends a clear message. failing to take it seriously
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could result in up to $10,000 in fines if you don't properly quarantine. of course there are some exemptions. essential personnel are still allowed to come. one thing they are told go directly to those meetings and to those appointments and try to stay away from everyone else. neil. neil: how they police it i guess. alex, that is just surreal. if new york doesn't have enough problems getting people to come back, now this. you have both the governor of new york and the mayor of new york weighing in on their concern about just that. take a look. >> literally talk to people all day long who are now in the hamptons house, who also lived here. or in their hudson valley house. or in their connecticut weekend house. and i say, you got to come back. when are you coming back? we'll go to dinner. i buy you a drink. come over, i will cook. they're not coming back right
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now. you know what else they're thinking? if i stay there they pay a lower income tax because they don't pay the new york city surcharge. >> about the folks out in the hamptons i have to be very clear about this, we do not make decisions based on the wealthy few. that i was, i was troubled to hear this concept that because wealthy people have concerns about the city we should accommodate them, that we should build our policies, approaches around them. that is not how it works around here anymore. neil: well, mayor, not to offend anyone here, it is not a concept, it is real. the math is real. rich folks decided to say it is a hassle being in the big apple. they're leaving. the governor acknowledged that. would even cook a meal for them. i don't think he was be facetious about it either. it's a real crisis for a city right now that could be falling
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30 billion bucks the money it needs because of this virus and very folks who disproportionally paid the fair share of that is now exiting. it is a concern our own liz peek was looking at sometime ago. it is playing out in spades here. liz, what do you think? >> i think it is hilarious. they're trying to keep people from coming to new york. what they really need to do, neil, is encourage everybody to come to new york. businesses, wealthy people, all kinds of people because guess what? this city is in big trouble. and guess what? it is not a new problem. covid for sure is the icing on the cake and made the city more dangerous, but continued string of incredibly bad policies led to a huge drop in the quality of life which is only getting worse, now that the crime rate is soaring. by the way, not just soaring, in areas where crime is always a problem, but soaring on upper east side and other places where
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wealthy people live. the idea that wealthy people are not important to this city is ludicrous. they support all the arts and the museums that attract tourists year after year. 50% of income taxes in new york city are provided by the top 1%. every year mike bloomberg would bat away the idea of a wealth tax or taxing ultrarich people in new york he would point out it is literally a few thousand people who keep this city going. so this is just boneheaded. i hope our next mayor and our next city council members are a little more attuned to reality what makes cities function. neil: well it is very clear that the new york mayor is not and the new york governor is worried about it. he opposed to the surtax on the wealthy the mayor wants. all of this occurs at the same time we're getting word out of manhattan that a lot of activity is going south and fast. manhattan apartment deals
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plunging 57% in the latest period. we've never seen that big of a drop. that is depression era-type drop. one thing to say you don't like rich people. i get that. the progressive call, the rich are evil. yadi yada. if you don't want to give them a thank you they're due better than screw you because they're saying we're opting out here. that is something once this crisis is over they're gone. >> neil, by the way, it is not just wealthy people but also businesses. new york state has consistently ranked with california as the worst places to do business in the entire country and we've seen that only get worse with people like alexandria ocasio-cortez, her ilk bashing local business f you're not going to supply jobs and corporate income taxes, where do they think the money will come from to help the people who really do need help in the city? that is the conundrum. that is what they never answer.
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where does the money come from? como wants it to come from the federal government. i'm not sure that is going to happen. he is banking on a federal bailout at this point. i think a lot of people are opposed to that. neil: clearly more aware of what's going on here. that if you keep chasing out the rich, it is very soon you chase out others. now quarantine checkpoints all around the city. a lot of people debating when to go back to work if they go back to work. that is another reason to say you know what? i'm in no her to get back to new york. what do you think? >> i think by the way there are anecdotal stories of people having dinner outside on madison avenue in the '60s, a group of homeless people, perhaps they weren't sure, come to harass them and take their food. you don't need many stories like that to circulate, a awful lot of people say maybe next year. this year i'm not coming back. by the way, neil, it is not just older people.
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those people left for florida ages ago. now it is 25 to 40-year-olds who are buying houses in the suburbs. that is really, i think a huge warning sign for new york city but you know, there has been lots of warning signs. pretty much everyone is ignoring them. neil: yeah. indeed suburban real estate is surging in the new york metropolitan area at about 26% clip. as i said, this is a apartment deals are plunging 57%. so to your point, liz, read the numbers and weep. thank you, liz. always great talking to you, even under these wacky circumstances. meantime there is a great debate about schools this fall, whether they open, how they open, whether they do a little bit of virtual and in-person classes. going all the way up to the college and university level here. they're debating that right now in arb in washington ton too
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because people are panicking hey, edward lawrence. reporter: i'm not panicking but more school districts saying how they will reopen if they reopen in the fall. the bigger cities are going online, atlanta, los angeles, houston. seeing more rural areas taking a position where they can social distance. they can open partially online. they can get some distancing there. this morning on the senate floor, senate majority leader mitch mcconnell says hopes democrats finally get reasonable. listen. >> americans need endless talks to finally bear fruit. so do school principals and working parents and senior citizens and nurses. that's why i will not be adjourning the senate for our august recess today as has been previously scheduled. reporter: schools waiting to see how much help they will actually get out of these negotiations. however the white house chief of staff says the two sides are trillions of dollars apart. now within that, republicans
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offering $105 billion for schools. democrats, more than what democrats wanted in the heroes act but you have divide between private and charter schools and public schools in some areas. many private schools trying to reopen safely as public schools in the same district will not allow in-person learning. that is why the president wants to make sure extra federal funding to schools that are reopening in person. one proposal in a public school system is closed parent should be allowed to use the money for their child to go to private or charter school in that same area that is possibly open there. that is not very popular among teaching unions and democrats. back to you. neil: edward, thank you very, very much. the confusion on all of this, is an understatement, because right now, when it comes to dealing with that and stimulus measure that they're trying to cobble together. both sides agree the squeals need hope.
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whether $100 million bandied about by both parties. that is anyone's guess. let's get read from congresswoman cathy mcmorris rodgers. her take on all of this. very good to have you, congresswoman. your take on the status of the talks themselves. do you know where they are? is it doable by tomorrow they can cobble together something? >> quite honestly doesn't look that likely. clearly there is a lot of work being done. senator mitch mcconnell saying that he will keep the senate in session even longer if that is what it requires. the democrats to date have been rejecting every offer in the house. we were told that we were, so i'm home now in spokane. we were sent home, i was in d.c. the last two weeks. we're on 24 hour notice, once the senate strike as strikes a deal. we're waiting for that deal and
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white house and senate is working every day on that. neil: you know people forget, you guys in washington, you're also parents. you have young children. you have a special need child as well. do you feel safe, yourself, congresswoman, sending them to school? >> well i am. i am a mom of three school age kids. we got through the spring. but it was tough. it was really tough. as i think about the fall, i believe that we need to have more options and more shuns for for those who want to send their kids to school in a safe and responsible way. i respect that some parents are not going to feel safe and teachers too, are going to have concerns but i am, i am really concerned about the health of our kids. i'm concerned about our education, the importance of keeping our kids on track. i was in a meeting last week with the surgeon general, who said that the risk, the health
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risk of our kids not being in school is equal if not greater than the risk related to covid-19. because we're learning more about how we can do things safely and and how it is transmitted. so i really, you know, in my community here in eastern washington, i'm hearing from a lot of parents that are concerned about their kids and their mental health, increased depression and anxiety. substance abuse. other risks, that are associated with kids not being in school and the importance of keeping our kids on track with their education. we need, i believe that we need some hybrid solutions that would allow parents and schools more choices. neil: you know, well over a third of parents polled on this subject feel safer with online classes for their kids for the time-being. without getting in pros and cons
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of that, whether that is wise idea or not, are you worried about the fact that more parents will have to be home with their kids to deal with this and at the very least, i believe brokerage firm goldman sachs was reporting, it is going to whole lop our economy, it will wallop our employment picture and mess things up? what do you think? >> it is adding a big amount of stress on parents and families, living more paycheck to paycheck. figuring out how to pay bills in their homes. parents need to be working, have jobs. then the added addition of having kids at home and, doing everything possible to make sure that those kids are getting their school work done, it is a lot on their plates. that is where i believe that we need to be looking at some hybrid models and figuring out those parents and schools that
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can provide option for our kids to be in school, we need to provide, make that available. you mentioned, i have son with special needs. i'm really encouraged that charter school here in spokane is looking at, okay, what can we do in person? what are those therapies that we can do in person? in the spring it was all online. it was challenging. think about younger kids. kids, two, third through fifth grade, the importance of, just they need more direction and more support and that happens in the school. so if we can provide more options i am encouraging the superintendents in the schools in eastern washington to really be, really be creative in a way that is going to help support our families, our parents, our children and provide that strong partnership between the home and the school. neil: all right. it is going to be interesting fall to your point, congressman.
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thank you very, very much, cathy mcmorris rodgers on all of this. we forget, you know, they're parents too. she is younger than most in congress but the others are grandparents. so the fact of the matter is, it is a personal issue for them as well. the president might, maybe not be commenting on all these latest developments in the school year, what will happen. also right now the status of stimulus, you know the congresswoman just pointed out. looking iffy to get it done by tomorrow. you never know. sometimes a deadline can get people hopping. we shall see. we made usaa insurance for veterans like liz and mike. an army family who is always at the ready. so when they got a little surprise... two!? ...they didn't panic. they got a bigger car for their soon-to-be-bigger family.
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♪. neil: well as expected president did indeed talk to reporters on the way to marine one on south lawn of the white house. he is heading out to ohio. first and foremost on where the stimulus is. the president. president trump: joe biden this morning totally disparaged and insulted the black community. what he said is incredible. i don't know what is going on with him, but it was a very insulting statement he made. you will figure that out. you will see it in a little while. it was a great insult to the black community. we're going to ohio. we have great things happening in ohio.
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we have a, a lot of wonderful things happening for the country. i will probably talking a little bit later about the coronavirus. we're going to try to keep that at a about the same time. we have a lot of good information, new information. vaccines are doing very, very well. we had some good talks this morning on vaccines and on therapeutics. a lot of good things are happening, right? reporter: [inaudible] are you optimistic that will happen and will that give you a boost in the election? president trump: the vaccine? i am, i am optimistic it will be probably around that date. i believe we'll have the vaccine before the end. year certainly but around that date, yes, i think so. reporter: [inaudible]. will that help you in the election? president trump: it wouldn't hurt. it wouldn't hurt. i'm not doing it for the election. i want it fast because i want to save a lot of lives.
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reporter: interview this week you were talking about people dying of coronavirus. you said, that is true and it is what it is. you used the words it is, what it is. president trump: look at the statement i made right after that. reporter: it is it is, doesn't mean we're not doing everything we can. president trump: i said something after that too. the message i have is very simple. nobody can do with what i have done in terms of all the things that we're doing to combat this horrible disease that never should have been sent to us, that, it came from china. should never have been allowed to leave china. they could have easily done something. they stopped it from coming into the china. but they didn't stop it from coming into the u.s. and europe and rest of the world. and china should have done something about it. and frankly it's a disgrace that they didn't. reporter: mr. president are you talking to governor cuomo in new york? president trump: we'll be
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talking to governor cuomo. they're looking to do a project, the second avenue subway as you know. we're talking about that. we're talking about the tram from the airport to a certain location. so we'll be talking to them, yes. reporter: going to meet with him or? president trump: i think they have something scheduled maybe in bedminster. reporter: what evidence have you seen about children being immune from the virus? president trump: all you do read newspapers or read medical reports. reporter: [inaudible] president trump: we're going to see. what china did is a terrible thing. whether it was incompetence or on purpose, it was a terrible thing, that they did to the world. not only to the united states but to the world. a terrible thing. reporter: comment on the [inaudible]. moving to dissolve the nra?
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president trump: i heard about that. that is a very terrible thing that just happened. i think the nra should move to texas and lead a very good and beautiful life. i told them that for a long time. i think they should move to texas. texas would be a great place for it, to another state of their choosing, but i would say that texas would be a great place and an appropriate place for the nra. this has been going on for a long sometime. they have been absolutely decimated by the cost of that lawsuit. and it is very sad but i would suggest that that is they should be doing. thank you. [inaudible] neil: you never know with the president, sometimes he can add some remarks here, but again,
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zinging comments joe biden made to african-american reporter some believe a tad racist or bruntly rude. no earth shattering developments here. the president will head off to ohio at a time he is saying he is optimistic, not this particular give-and-take with reporters, that he is optimistic to two sides cobble together a deal on stimulus. if not, he is ready to intervene with executive action. we don't know what the action would be. more after this. s decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. and a highly connected lexus vehicle at the golden opportunity sales event, lease the 2020 es 350 for $359 a month for 36 months.
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♪. neil: not to be outdone by the new york city met pole tan area what is happening right now with a spike in cases, we're getting reports out of ohio, that the governor, governor dewine, who got very high marks for being among the earliest to sort of lockdown his state, see the severity of the virus approaching, he tested positive
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for virus himself. we wish him well. probably one of the nation's most highly regarded governors in deft handling of this crisis. we hope it goes well for him. we're focusing not only what states and cities are doing in cracking down on the pandemic. they're doing security and virus checkpoints to make sure you're not passing the virus into the big apple, in l.a., if you're holding big parties and that sort of thing, going against covid guidelines outlined by the mayor, they will cut your power. i kid you not. can they do that? we have a quinnepiac law professor, much more, constitutional law professor. john, good to have you. that seems to be one extra measure. another thing to annoy you with a survey or whatever in the new york metropolitan area. if you hold a large party, not only risk being fined, we will cut your power.
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can they do that? >> the answer is, i don't know. can they do it? can do it in the short term. you and i talked about it in the past, takes two, 2 1/2 years from cases to go, most states lower level trial courts up to the supreme, u.s. supreme court and, i think we're going to find out a lot of about what states, what the federal government, what cities are allowed to do coming out of this covid experience that we're having. what i mean by that, every state, the federal government, the states, cities, they have two competing obligations. they have an obligation to provide things like utilities, water, electricity. there is obligation to maintain peace and safety. sometimes as we're seeing right now, those things can come into conflict. can a mayor by executive order tell the utilities to turn off the water? if someone is breaching the peace my hunch is they can. you're going to have to look at, it is a city, by city, state by
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state analysis. we'll all learn a lot i think in a couple of years, because i'm sure there will be cases that go up to the court systems. they will all question what is a state, a city, a federal government's obligations and limitations when it comes to things like this in moments of crisis. neil: you know, it is an interesting point, we might not settle this legally for another couple years, legal system, how long it takes. i talked to a lot of people, john. inconcludeing a shop owner who was getting getting tickets, summons, staying open when she shouldn't stay open. you hear the one in texas, who had a beauty salon, defied orders, in a part of the city to stay open the way she did. actually sent to jail for a little while before the governor sprung her. i'm just wondering, for those who say not paying this, not going to do this, one thing if power is turned out at your place, you don't have any options but, what are they risk
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in the meantime in that two, 2 1/2, three-year wait? >> well, look, i, when i saw that case out of texas my first thought was, this person clearly in my opinion got legal counsel who said, look, it is worth of risk because by the time this case makes it, i think in that case, there was a public outcry, another public official bailed her out. but you know i think for someone in a merchant who is, you know, basically almost, going out of business, maybe on the verge of going out of business, there is no downside for some of these folks, look, i'm opening up. it will be a very interesting, it is going to be a very interesting issue that makes its way through the courts because, you know, here's where, neil, you have and i talked about some of this before and i go back to fat analogy, but the whole thing getting ahold of the president's tax returns in congress.
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whether or not there is declaration made there is some national crisis or local crisis is important. in the case of the president whether or not they made a declaration there was impeachment investigation was important, because that declaration transforms a lot of powers. in this case when the federal government or state government or a city declares some kind of emergency different powers go into effect usually for that local state, federal, authority and in this case the question i think is going to be, was there a national crisis? was there a state or city crisis? if so, then how did that change the powers of the governing authority? that is going to be the issue that will eventually make its way through the courts. i think it will be, we'll find out that the definitions that we think are in place or that we're living by, the courts will see very differently. neil: that is going to be an interesting thing to watch.
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john, thank you very much. meantime good catching up with you. even virtually. all these fast-moving developments. we told you yesterday how the university of connecticut football team said we're not playing this fall. in fact we're out of the whole thing. others following very closely. the coach said it was simply a matter of being safe, being healthy, doing the right thing. the coach is coming up
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♪. neil: all right. since the dawn of political conventions in this country we've never seen anything like this where both those major party nominees do not make their acceptance speeches for their party's nomination before, well, the convention and delegates that chose them. they will do it from separate locations. what do make of all that?
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hillary vaughn looking at this and the oddity of all this. hillary. reporter: neil, biden will be the dnc very first virtual nominee after he backed out showing up in milwaukee to accept his party's nomination out of safety concerns. now he will be accepting it in his home state of delaware but also president trump is still working out the details of his acceptance speech for his party's nomination. he may like biden also being do it from his residence on pennsylvania avenue as both campaigns try to figure out ways to rally their base online. both are spending a lot less money on in-person events and campaigning, and more money on meeting voters where they are, their living rooms. spending record amounts of money and campaign cash on ad buys. >> grassroots ability doesn't exist, right? that is a dem strong hold as you know. so it has to be substituted in one way and broadcast advertising, cable advertising,
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paid advertising is really the vehicle that i think is benefiting the most from our, from our perspective. reporter: the biden campaign announcing their largest fall ad buy for any presidential candidate ever, 280 million in tv, digital buys, starting september first, in 15 state, many trump won. trump's campaign has 145 million tv ads going up after labor day. that is not including what they spent on digital as well. that is number they not announced. in july, trump spent 90% of their ad cash on states she won in 2016. a strategy the campaign says defending the map. they are spending more money reaching voters on tvs, smartphones, social media, than ever before. the election may come down who has most to spend. the trump campaign out raising trump in july by $25 million. combine with the rnc raising
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165 million last month. biden fund raise something picking up pace combined with the dnc, he raised $140 million last month. the big announcement we're also waiting for biden, not just his acceptance speech, who will be his vp. one interesting thing to note, neil, one of the contenders on the list, senator elizabeth warren brought in the most money with biden at a virtual fund-raiser. so if they're looking at who can bring in the most cash to their campaign, warren would be the one. neil? neil: i don't think either party will have a problem getting cash. but we'll see what happens. thank you very, very much, hillary. great report. all right, the president, pitch the way, right now, before he hopped on to head out to texas, ohio, i should say, he did say that he is considering a number of options for his own convention speech, albeit not at the convention. the white house still among them. that caused a dust-up among some democrats say it is tacky,
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shouldn't do that, a number of republicans questioned the propriety of that. president is looking at all others, others sympathize, it is the president's home. what is wrong with that? get read, bob cusack "the hill" editor-in-chief. bob, curious, stepping back from this, who does this hurt more? you always look for convention bounce, but if there is no normal convention, i suspect there is no normal bounce so what do you think? >> right. well, neil i think it hurts the president because he is down in the polls. he was down in the polls in 2016 but he needs more after bounce than biden does. remember, trump is the ultimate show man. his entrance song in 2016 before he gave a speech was, we are the champions t was entertaining the to a lot of people. it fired up the republican base. the conventions are very strong. it is watching major league
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baseball now. are we watching? yes. is it strange without fans, without delegates, without the crowd? it is going to be very bizarre. both parties are looking for a bounce, it will be tough if they are virtual. they are going to be virtual. neil: bob, you're right. the dust-up over the president saying i might do it from the white house. could you make the argument as many conservatives have, well he is living there, it is his home so we can go ahead and do that. others say no, it looks a little tawdry doing that. i remember other presidents kind of using that as a quasi-political backdrop maybe in their favor for pushing something in a dramatic sense, whether it was president obama with the health care act. what have you. your thoughts on that? >> i think it its going to be very hard, if controversial to do it from the white house, depends whether it is his residence, that can be a factor. i don't know how you stop the president from using the white house. there could be a lawsuit that could be filed but at the same
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time, mark meadows, the chief of staff made the case, the president lives there, he can give the speech from there. when it is all said and done i don't think it will matter much where he delivers it. it is what he does over the next three months is going to determine and specifically the virus, of whether he gets reelected. neil: bob, what is going to decide this? i was noticing, you keep track of numbers far better than i will, but the polls are kind of like they were four years ago. it was about a 7, 8 point gap between donald trump and in this case joe biden as there was at this point four years ago against hillary clinton. so, a lot of republicans pounce on that, say, history will repeat itself but it is in those battleground states that were pretty competitive four years ago that don't look as competitive today. now that too could change but your thoughts? >> yeah. neil, i mean if you look at four
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years ago compared to now, texas and georgia are better for democrats now. those races are pretty tight. i would call the president the favorite in those states but in other battleground states, biden is looking better, and florida, neil is an absolute must-win for trump. on election night, if he doesn't win florida, it is probably that's it. neil: a lot has been made of the debates. the president wants to have them a little earlier, i can understand why. if you're down in the polls right now. if people were to do a snapshot in time, earlier they vote, potentially worse it could look for him, i get that. a lot of people are assuming that the debates would help the president because joe biden in the few public appearances he made, whatever you think of him, they have not been churchhillian moments. he stammers a lot, forgets a lot. look, i'm a lot younger, i don't remember what i had for
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breakfast. i'm not here to judge. that i'm wondering if that might be a turning point? sometimes they do that? the debates obviously changed things for john f. kennedy. they helped george w. bush. what do you think? >> they can be everything and certainly the expectations for the president are high because joe biden did well in his last debate when he went up against paul ryan. i think he won that debate. it has been a while since then. he is 77 years old. he does make gaffs, he does stammer. the debates could be a complete game-changer. we'll see four debates at least. see the vp and three presidential. they will be slugfests. it will get ugly. trump needs to win those debates, period. neil: well-put, my friend, always enjoy catching up with you, enjoy learning something. bob cusack "the hill" editor-in-chief. for those joining us right now, sometimes you get bold-faced names who test positive for the
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virus. today it startling news out of ohio. that the governor, mike dewine, tested positive for the virus. the governor considered by both parties to be among the more prescient performers, i'm looking at seriousness of the virus trying to lock things down ahead of anybody, slowly unwinding in the state, also ahead of anybody. right now he has got it too. more after this. find your keys.
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♪. neil: welcome back, everybody. we told but the governor of ohio just testing positive for the coronavirus. we're watching that. things still look good. it is not advanced obviously. what worries folks, when this really begins to escalate, if it gets into the respiratory system or compromising anything having to do with just basic breathing, then you have got some problems. then the prospects turn a lot dicier. my next guest is trying to address that with some potentially very, very promising treatment that cuts that at the pass and reverses the same type of respiratory anomalies that are generally, most dangerous signs a doctor joins us, relief
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therapeutics holding chairman. thank you for joining us and taking the time. >> thank you for having me. neil: can you explain how this works and how it might help, particularly for those with respiratory issues become acute? >> our drug, which is known by the generic name of iftroipdil. that our name is rf-100. this is peptide produced in the body. it was discovered back in the '70s. the scientific name for it is baso inactive peptide. it mass number of functions. it modulates a immune system function. it works to dampen inflammation, inflation that gets out of control. when we originally started the project which is now in phase three develop american, we were surmising it would quiet out of control inflammation in lungs of
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people infected with covid-19, who manifest these respiratory problems and the respiratory syndrome. we've seen this drug actually appears to have the ability to block the sars cov-2 virus from entering the particular cells in the lung. the cells which are morn mediating the lounge function and surfactant, important for keeping interior linings of the lungs working properly and mediating effective oxygen transfer. we have a drug here that could work in multiple ways to address the respiratory problems that covid-19 -- [inaudible]. neil: so if you can arrest the respiratory issues, doctor, obviously that negates the need for ventilators and other stuff. normally when advanced to that stage things get dicey. does this take the dicey out of it then? >> well that is clearly our hope. it is early days but we are
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seeing very promising results in patients who would normally have been considered, you know, very much at late-stages of respiratory compromise, who were on ventilators but not doing well and, it appears that in the cases, the drug may have turned things around for them. we're as you may have seen, working on inhaled form of the drug. we're testing a intravenously working form, we hope to have clinical development very soon which will be applicable to even earlier stage patients with the disease. neil: all right. doctor, thank you very much. very, very promising. when we have come back the coach of the university of connecticut football team who said no season s in your customized view of the market. it's smarter trading technology for smarter trading decisions.
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neil: all right. we've got a busy hour coming up. i thought the last hour was pretty busy. we should be hearing from the president very soon. he's going to be giving a speech where he's going to be outlining right now economic prosperity where he's already discussed the possibility of getting a stimulus deal done and if the parties can't come together on something in congress as they hope to by tomorrow, the president says he will take the matter into his own hands and make an executive order. we just don't know what that executive order would be,
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because at this point, they are still at a standstill right now. what's separating them, we are told, among other things, not only the total cost of this, but ultimately what to do about those $600 a week federal jobless benefits that ended last week. democrats want to keep them going through the end of the year. republicans are open to keeping them going to the end of the year but certainly not at 600 bucks a week. we will see what happens. we are also updating what's going on in the new york metropolitan area right now. they used to call them security checkpoints. now you can call them coronavirus checkpoints. they are going to test you out for covid, whether you are bringing it with you, you have to fill out forms, you go to penn station, grand central station. if you don't fill out the forms or throw them or crumple them up anywhere, that's a $2,000 fine. if you are really rude about it, they will haul you, well, in quarantine. maybe to jail, for 14 days. that doesn't sound very nice. then the push for cheap old houses. millenials are finding that,
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well, their real is staestate ss come in. meantime, keeping track of a virus that still sees a number of spikes in cases across key states, but a big move yesterday on the part of the university of connecticut. the football coach there saying you know, the better part of valor is to be safe about this. i want the play but i want my players safe and i want everyone else to be safe so he opted not to have a season this fall. others are expected to follow in what could be a watershed development. the uconn football coach is kind enough to join us right now. thank you for taking the time. >> no problem. glad to be with you. neil: let me ask you, what got you to make this decision? other teams have experienced players testing positive for the virus, but they have decided to say all right, let's see how it goes, we are still going to go with the season, we might opt some players out, bring others
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in, but we're not going to cancel anything. you opted to cancel the season. why? >> well, we came back july 1st and started this process and our young men got tested and that was a five to six day process before they could get a physical, then we were able to do things [ inaudible ] weight room in regards to the ncaa and you know, we had our guys in po pods, trying to mitigate and put us in a bubble and everything, and as we continued to move forward through the month of july, you could just see there were obstacles in the way that we didn't feel that you could overcome. and it wasn't just myself, our athletic director, our doctors, our board of trustees, it was mostly our players. as we were going through this, we had three young men who developed symptoms and in three
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separate stages during july, and we had eight guys out at one time, then we had four more, now we have ten out right now, and it's a 10 to 12 day process that's been taking to get these guys back. you know, our players saw what they were going through and some of them had to be isolated, some of them had to be quarantined, and as they saw all these things, and knowing that we weren't able to use our locker room, we're not able to use -- have everybody in training room to be able to take care of their things because of the numbers that you can have, the social distancing, trying to keep everybody safe, our players really felt like the risk isn't worth the reward of going through a season, not being able to accomplish what you want to do as a team or what you want to accomplish individually, and they expressed that to me and so i just wanted to make sure their voice was heard, because first
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and foremost, they are the ones playing the game. i'm not playing the game. our athletic director's not playing the game. the board of trustees aren't playing. and the president isn't playing. so we sat down last friday with the athletic director and our doctors and trainers and our players expressed their concern in terms of the unknowns of the virus, how do you stay safe, we are going to be bringing a thousand students back here on campus, you know, in nine days, and our bubble is going to be broken -- neil: that's still on, sir? uconn, you guys are going to have in-person classes? that's still stated? >> yeah. they are going to have in-person, they are going to have online. it's going to be kind of a hybrid. we are bringing 8,000 students in next week. then also, nobody could tell you -- nobody could tell us how you were going to do game day. do we have to dress at the hotel
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and then how can we use the locker rooms because you go into some of these visitor locker rooms, they are very very small and you can't social distance, but yet they are going to make you social distance on the sideline during the game, then showering after the game and all those things. there were so many unknowns, and the players just didn't think it was healthy enough to say okay, let's go and play. and you know, the thing that i respect is that they, you know, the one thing is i wanted to make sure that our players had a say in this, because you take a look at a lot of these things that are going on, these players really didn't have a say in anything. everybody's making all these decisions and putting schedules together, we're playing conference only, you know, games, we are only doing this, we are only doing that. but nowhere did you really see where the players had a say in it. that's what i wanted to make sure that we did and we made the decision and you know, i'm glad we made that decision. our kids now have direction in
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terms of what's going on. neil: what about other conference teams? have they gotten back to you and said what, they are going to follow your move? >> no, i mean, i know i've gotten some calls from other coaches and friends and things and saying they wished they d would do the same thing. one of the things people brought up about is that well, if you were in a bigger conference, you wouldn't think that. no. i would still think this way. i don't care if i was in a power 5 conference, big ten, acc. i would still be saying the same things, working to get the same thing done because again, it's the student athlete who is important here. it's not the money. it's the student athlete. you know, i saw today where people aren't going to have fans in the stands for the games now, and -- but it's okay to play but the fans can't come, but you're going to go ahead and put these kids out there and every state
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has different protocols and restrictions. we also have a travel ban here in the state of connecticut. if you go -- there's only two teams we have on our schedule that weren't on that travel ban list, umass and army, so you know, there's a lot of things from a safety standpoint that we took into consideration as we made this decision. neil: all right. coach, you are a gutsy guy. we will see what the fallout will be. randy edsall, uconn football coach who decided i'm not going to risk these kids. no football season for uconn this fall. all right. garrett teddy right now following very closely, the president is due to make some remarks in ohio. that state's governor just testing positive for coronavirus. so it's safe to say the governor will not be there to greet him. but garrett, what do we know about what the president is likely to talk about? reporter: well, neil, the purpose of this trip is to
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highlight the administration's efforts to support american manufacturing but clearly, as governor de wine's positive testing for the coronavirus shows, the pandemic is hanging over this trip. but in order to highlight the administration's efforts, he will be coming here to the whirlpool manufacturing plant in ohio. this is one of the largest washing machine production plants in the world. the company says it has been able to grow and expand over the past two years thanks to the trump administration upholding a 50% tariff on washing machines coming in from other countries. whirlpool says that move enabled it to create 200 manufacturing jobs at this facility alone. the white house also points out the tariff pushed samsung and lg to ship a lot of their washing machine production to the u.s., creating jobs in both tennessee and south carolina. on the theme of american manufacturing, this afternoon the president will also be signing an executive order directing the department of health and human services to use
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the defense production act to purchase certain essential drugs from u.s. manufacturers rather than from companies in other countries. this is part of the administration's efforts to reduce the u.s. dependency on foreign-made drugs, particularly those from china. this trip is also notable given that we are now less than 90 days away from election day and while president trump won ohio in 2016 by eight points, the latest realclear politics average of polls has joe biden leading by several points. neil? neil: all right. thank you, my friend. be safe. garrett tenney following the president's remarks to come in ohio. chad pergram joins us right now. before he left to head out to ohio, the president did talk about the tenuous status of talks right now on the coronavirus stimulus bill, and that he would take matters into his own hands, a theme he's echoed repeatedly, including talk of a potential executive move on cutting the payroll tax. i don't know where all that stands, but i bet you chad
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pergram has a pretty good idea, as this deadline fast approaches. chad? reporter: well, that's kind of hanging over these talks like a sword of damocles the president might impose a moratorium on evictio evictions. you talk about suspending the collection of the payroll tax, maybe something on student loans. that's the backdrop that's behind these talks here, as they progress or don't progress. they are hundreds of billions if not trillions of dollars apart. the senate majority leader mitch mcconnell went to the white house this morning and he is frustrated at the pace of the talks. >> a second straight week of political theater from our democrat colleagues with no result. except more pain for families, more uncertainty for workers and more evidence to suggest that perhaps democratic leaders were never serious about getting something accomplished in the first place. reporter: mcconnell is not in the negotiations but insisted on fox last night he was involved. mcconnell says he has 15 to 20 republicans who oppose additional debt.
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republicans gave mcconnell's coronavirus plans a chilly reception last week. mcconnell wants democrats to approve interim extensions of unemployment aid at lower rates but there is skepticism that it would pass. >> i don't even know if the $400 has the support of most republican senators. >> they didn't have the vote. they didn't even have the vote for 200. they didn't have it for 200. >> so it's a game. >> yeah. reporter: if there is no agreement, there is talk by the administration of trying an end-run around congress. that would involve reprogramming about $140 billion in unused coronavirus money distance ter aid for the pandemic. democrats rejected that idea. >> i don't think they know what they're talking about. >> you don't think -- >> moving money around without congressional approval? >> you can't move that much money. >> -- come to an agreement that meets the needs of the american people. much better way. reporter: these talks continue this afternoon at 5:00 p.m. eastern time here at the capitol and mark meadows, the white
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house chief of staff, said yesterday this is not like fine wine. these talks do not get better with time. neil? neil: all right. thank you, my friend, very much. chad pergram following those fast-moving developments. you know, there is this division among a number of republicans as mitch mcconnell was saying, maybe up to 20 of his members who aren't too keen on spending again, spending upon spending. these trillions are adding up. rand paul saying he's sick of it. take a look. if they are close to a deal that has a package cost of $1 trillion or better, are you going to vote for it? >> absolutely not. you know, it's funny that people say well, washington, republicans and democrats never compromise and can't get along. that's actually the opposite of truth. republicans and democrats compromise every day of the year to spend money we don't have. so i'm very upset with my colleagues. they went eight years. they should apologize now to
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president obama for complaining that he was spending and borrowing too much. neil: well, they accelerated that spending, haven't they. to the former congressional budget office director on what he makes of that. it's interesting, doug, because he's talking about 20 members strong who might feel similarly. i don't know as strong as rand paul and whether it would compromise their votes, but that's saying something that republicans are, you know, are saying this is throwing a lot of money at something for which there's no predetermined result. what do you think? >> well, i can understand their concern. we came into the pandemic with a federal budget that was unsustainable, that literally if left on auto pilot would spiral out of control. since that happened, we have added probably $4 trillion in additional debt and if we escape from the pandemic in short order and get back to business as usual, we will still have the problem we had before, jumping from a much higher level. that's a legitimate concern and i think should be taken seriously. having said that, there are
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things that the federal government can do to speed the recovery and they should spend on those if necessary. spending money wisely is not a mistake here. spending money for the sake of spending money, that is a concern and i hear that in some of their opposition to the heroes act in particular. neil: a lot of these candidates, congressmen and women and senators, they go back to their states and they get an earful, especially those who return to states or districts where the unemployment's been rocketing and they hear that their congressman or woman is not supporting extending jobless benefits and it cuts both ways. wall street of course loves, as you know, the more money thrown out by the government, the better. i don't know what happened to these guys but it's a different life. i am wondering about the fallout for republicans if they hold back. they are in that odd position of having to endorse policies and views in spending that used to
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be anathema to them. >> well, i think there are some things that they have put into, for example, their proposed bill which could be quite expensive but which would address the problem. the core problem, as you know, is people are afraid to go back to work over fear of being infected. business owners are afraid of opening their places of business. customers are afraid to show up in some cases. there's a tax credit in the senate bill that would give you some subsidies, especially for the smaller businessmen, to get protective equipment, to get hand sanitizer, to modify the workplace so that you can social distance and have the customers and workers be safe. that may end up being very effective in getting the economy going, simultaneously helping to control the pandemic, and it might also be fairly costly but it would be money well spent. i don't think they would get a little push-back from their constituents for those things. what they are really concerned about is the notion that you are just spending money on something that has nothing to do with those safety issues and then you
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go back and haven't solved the public health problem, haven't solved the recovery problem but you've got a lot of debt. that's a legitimate concern. neil: good catching up with you. thank you very much. former ceo director here. you might have heard some news here that amazon's stock has been soaring and jeff bezos is worth almost $200 billion. i can't keep track. he sold a little bit today. about $3 billion. which for him, that's about the runup he's had over the last 36 hours. i'm exaggerating but only to make the point sort of like coins lost in the couch cushions. after this. geico's been helping people save money for over 75 years. they've really stood the test of time. much like these majestic rocky mountains.
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absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. can it help with snoring? i've never heard snoring. exactly. no problem. ...and done. will it help me keep up with mom? you've got this. so you can really promise better sleep? not promise... prove. and now, no interest until january 2023 on all smart beds. only for a limited time. neil: all right. just a few minutes after we were chatting with the university of connecticut football coach who canceled the football season there, we're learning now that navy and notre dame, that football game and its iconic classic struggle, that's been canceled. it's a streak that goes back to 1927 but the two sides have met every year on the gridiron since then, quoting here, will not play this year, ending the longest continuing intersectional rivalry in college football at 93 games.
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just amazing in this environment how they have to make adjustments. we are following that. whether other schools follow suit. there are already wrecks in conference schedules to say nothing of ivy league conferences and the rest. you will probably hear more of these type of developments. you will also hear from the president later on, speaking in ohio. his own economic plan and maybe addressing some of these coronavirus developments. this on the same day we have learned that the governor of ohio has contracted positive for the coronavirus. the president tweeting out moments ago that he wishes the governor well, that he's been a great governor, paraphrasing here because i don't have the literal tweet in front of me, saying he hopes the governor gets through this and i'm sure he will. he's a fine human being. another fine human being joins us now, charlie gasparino. he's been following all the developments, the back-and-forth politically with the virtual conventions that are coming up and now the narrowing of the search for joe biden's running mate. i hear it's down to two people. don't know for sure.
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what are you hearing, my friend? charlie: well, we have always reported from the beginning that kamala harris had the inside track on this. axios reported last night that it's now kamala harris, down to two candidates, kamala harris and susan rice, the foreign ambassador in the obama administration. and our sources say that's essentially it. now, we should point out that this decision is very closely held among about five or six people in the biden inner circle. people like myself hear from people that talk to people within the biden inner circle. axios, the same thing. that's how we do our reporting. so we're not getting this from the horse's mouth. the ultimate decision obviously is joe biden. joe biden and his wife, from what i understand, will play a key role in this. here are the positives and negatives on kamala harris and susan rice. we will start with susan rice. positives is that joe biden has a relationship with her. they served in the same
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administration, they obviously like each other. she's a favorite of barack obama. that's a positive. negatives, she's never really held -- i don't think -- believe she's ever held office before. she's a diplomat. she's very smart but she's a diplomat. also, you know, she was around during that whole benghazi controversy. so you know, there's stuff that the trump campaign will attack her on, closely aligned with hillary clinton and some controversy. so she has some issues and you know, it makes me think they may not want to go there with her. obviously, kamala harris is a known quantity. she's been completely vetted. the knock against her is that she attacked joe biden during the debates. can she be trusted, does she want to be ultimately president or does she want to be vice president. by the way, either of these individuals will have to -- they are making a dress rehearsal for being president given joe
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biden's age and people will raise that question during the campaign, who's best to step in as president if joe biden should -- something should happen to him, god forbid if he becomes president. he isn't president yet, we should point out. the polls, just so you know, you look at the realclear politics averages, polls aren't all that much different than they were back in 2016. so there's a lot more -- neil: that's right. charlie: but that's -- those are the positives and negatives. kamala harris has been elected. she's a state senator. she was a treasurer, i believe. she was a prosecutor. she's been vetted. the biggest thing i hear from biden people when i talk to them, again, not directly from joe biden, from people outside that circle that work on wall street, is you want a vice president that does no harm. kamala harris probably fits that better than susan rice, but again, it's not my decision. again, neil, look at the polling. it's not as far apart as, you know, i'm reading. that realclear average looks
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pretty close. so anything could happen. neil: that's exactly what it was four years ago. thank you very very much, my friend. we know what happened four years ago. maybe history repeats itself. maybe not. charlie gasparino on all those developments. you know, we always talk about housing coming back but we wonder when the younger players come back into the housing arena because millenials apparently are scorched by maybe remembering what their parents went through with the meltdown. well, they're back. there's just one stipulation. they don't want to pay a lot. they found a way. after this. looks like they picked the wrong getaway driver. they're going to be paying for this for a long time. they will, but with accident forgiveness allstate won't raise your rates just because of an accident, even if it's your fault. cut! sonny. was that good? line! the desert never lies. isn't that what i said? no you were talking about allstate and insurance. i just... when i...
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neil: all right. we are seeing a big demand in anything having to do with moving companies and moving, period. kristina partsinevelos on that new hot trend. kristina, what's going on? kristina: neil, we know moving is not fun, especially during a
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global pandemic. with so many uncertain futures laying ahead for americans, you have a lot of people that are relocating. i spoke to the president of imperial movers, this company right behind me, and he said business is booming. of course, first in march you had all the college students leaving the city because they couldn't stay on campus, now you have city dwellers that are fleeing to less dense suburban areas. it's not just families. there was a recent survey from td ameritrade, they surveyed about 2,000 people and they said young millenials are 39% of them are planning to or have already moved back in with their parents. when i spoke to this company, they went on to say the latest trend for this year that they have never seen before is moving people's goods when nobody is in the apartment. they go to the apartment, they go see the doorman, they get the key, they pack up the rest of the stuff. all of this is done contactless, even signing the contract before and after is all done online.
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listen in. >> -- being done with the customers wherever they are, all over the country, internationally. and they just describe to them and give instructions to the movers how to get the job completed. so we are very virtual at this point. kristina: so a lot of people right now have to make these really big decisions. you hunker down in metropolitan cities like say new york city, or do you decide to move to greener pastures. whatever you do, so far i can definitely say the moving companies are benefiting. back to you. neil: i guess they are. holy cow. thank you very very much. we are following a lot of developments corner of wall and broad right now. technology stocks are kind of slowing down and i mean just slowing down a tad but not amazon, up an additional three bucks today. that represents about .10%. that's a pricey stock.
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over the course of this runup that was buoyed recently by the company's blowout of earnings and revenues that were five to ten times what even the more bullish estimates were, it's probably worth noting that even jeff bezos likes to take some money off the table. a fraction of the money he still has on the table. $3 billion, he cashed out here. but worry not for him. he's still up close to $200 billion in net worth which is about what you will find in the balance sheet of the cow guy. connell mcshane, the money guy. gentlemen, welcome to both of you. you know what's interesting, scott, we always focus on when an insider big name cashes out some of his stock, but this is almost an asterisk. what do you make of it? >> well, taking a little bit of perspective, that's what we have to do in a lot of things, not just jeff bezos but also the
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virus, but he's selling a little bit, yes, and a lot of times to stay out of trouble so they are not market-driven they will be preplanned. that's something bill gates does as well. it's going to be around $7 billion, $7.2 billion all year versus about half that, less than half that last year. it's not all, you know, just going into his bank account. he's spending some on his space program and the like. so there's a good business reason. the last one being that, you know what, the last time i can remember, you can't buy a beer with a stock certificate so he's going to have to cash something in at some point in time. neil: you know, it's a good time, i guess, because you always wonder how high is too high and when do you get nose bleedy at would have, could have, should have. there were people who regret in the march selloff they abandoned amazon, they would be a lot richer today if they hadn't. so you hear something like this, people pounce on it to say this is yet another reminder that it's getting a little heady out
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there. what do you say? >> well, a couple things on jeff bezos. number wornone, the poor guy on makes like 80 grand a year in salary so you have to liquidate assets to get by day to day. there are all these crazy stats out there where we forget when we are throwing around trillion dollar numbers when we talk about congress but with jeff bezos, you see things like a million dollars to him is like a dollar to the average person or if you made neil cavuto's salary since the birth of jesus christ you still wouldn't have the money of bezos or whatever it may be. i think that's almost accurate. but it's, you know, the guy has 50 million shares of the stock and as you said, he's worth somewhere close to $175, $200 billion, something like that. but boy, in the middle of this pandemic, has amazon, with all this talk about whether he's selling, what he wants to do with his space company but has amazon been some story. we have all become more reliant on it as if we weren't enough already. neil: no, and you can see how many people relied on it during
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the whole sheltering phase. now we are seeing the same held true to sony. it hit nearly a two decade high yesterday. drifting back a little bit but nintendo, you know, reporting a better than 400% profit boost. so gaming is big and i'm wondering, scott, whether that's just a reflection looking backward, that that's going to be hard to sustain now as we sort of come out of this cocooning phase. >> i mean, that brings to mind how long you think we will be in this cocooning thing. the way things are going now, it seems like the country has been so battered and bruised, a lot of these stay-at-home things will probably persist because you know what, i saw an old game film, 2015, of michigan/ohio state where they had 105,000 people at ann arbor. when is the next time you think america will fill a stadium with 105,000 people? a lot of these stay-at-home stocks, gaming stocks, tech stocks, probably will have some legs just because the american investor and consumer have been so battered and bruised that these things are going to take a lot longer, the v shape is out
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the window. this is going to take a lot longer than most people believe. neil: you know, the president has arrived in ohio. the governor there as you might have heard just tested positive for the virus. but ohio as you know, connell, is one of those states that the president won, not many people expected him to do as well there. he's fighting for sort of his political life there. it's still early. but the battle seems to be decided right now, everyone seems to say, on how this virus goes. what are folks telling you on your fine show that has the nerve to compete with mine on fox news? >> well, you know, you have a tough time obviously without ohio but if you think about it just from an he will being toel view, as complicated as we make these things, the president will have an almost impossible time without florida. we have seen that in some of the decision making over the past few weeks, whether it be the movement on prescription drugs, whether it be the talk about whether you can vote by mail and
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the president's estimation they are able to do that effectively in florida. you see the importance of that state and the idea that being re-elected without that state becomes next to impossible. i will say this. i think it's interesting, just to piggyback on the conversation you were having with charlie gasparino a few minutes ago, the average of the polls, trump versus biden, in 2020, biden's lead had been, had been, past tense, tracking at about double the lead hillary clinton had four years ago. but now, the point you guys were making a few days ago, if you look at this date in 2020, compared to this date in 2016, we are at almost the exact same place plus six points, little more than six points for biden, same place hillary clinton was in 2016. so all these assumptions that people are making, wall street investors included, that a biden presidency is just about a sure thing, we are by the numbers back to where we were four years ago which is an interesting development and a change versus where we were earlier this
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summer. neil: that's an interesting development. you're right. it has narrowed. i didn't realize the degree to which it had. all bets are off. gentlemen, thank you very very much. in the meantime, you're looking at the president. he has arrived in cleveland. he's going to be going to a whirlpool factory talking up, again, the manufacturing comeback going across the country but particularly in the buckeye state. when he speaks there, we will be going to him there. stay with us. introducing stocks by the slice from fidelity. now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today.
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health form while you're here and yes, if you wouldn't mind self-quarantining for 14 days and yes, we will be checking on you. that's not very appealing, is it not. well, the new crackdown includes random checkpoints at major bridge and tunnel crossings. new york sheriff says the checks will be a key entry point into the city and his deputies will be quote, very visible. mayor deblasio says new york city has seen a positive test rate of under 3% now for two full months. but he says one in five new cases have come from out of state travelers and that's why he wants to send a message. >> they don't follow those rules, there can be serious penalties, up to $10,000 per person. we do not want to fine people in this environment unless we have to, but if we need to use that tool more, we will. and the city and state have been on the same page. this really matters. ashley: you would think, would you not, there would be terrible news for businesses relying on
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businesses and their income but we got this statement from the manhattan chamber of commerce, who told us quote, new york city has dramatically reduced its number of covid cases. we want to keep it that way. residents and tourists alike need confidence that they are as safe as possible when they venture out to shop in our stores and walk in our communities. however, the hotel association of new york city, not quite as enthusiastic. they told us quote, bottom line, they will have a highly deleterious impact on an industry that is practically wid witherred into non-existence. volunteers will be used to collect forms from travelers coming into new york state and those flying into new york airports will have to fill out a special air travel form. if you don't complete that, you could face a fine of up to $2,000. other than all of that, welcome to new york. neil: incredible.
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do they want reasons for people not to come? ashley, thank you very very much. ashley webster on all of that. we are monitoring the president talking to folks in ohio as he's getting ready for his big speech there on economic policy, comeback in the manufacturing sector. he says he had looked forward to seeing governor dewine, he knows he will get a second test. the governor has tested positive, by the way, for the kruf coronavirus. says he's a great governor. talking about the radical left and how it's affecting joe biden's agenda, he says biden doesn't even know what the message is. he's not all there. the race is on. ♪ ♪ ♪ ♪
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neil: one sheltered man you want to get out and outdoors is a big draw. well, grady trimble should know, in cedar point illinois he's not horsing around. sir? reporter: hey, neil. yeah, we saddled up today. it's not hard to social distance out here at cedar creek ranch in cedar point, illinois. i'm with the rock and roll cowboy himself, paul williams, owner of the ranch. paul, you have seen a huge uptick in people coming out to go horseback riding, atv riding, duck boat tours, all of it here at the ranch, huh? >> yeah, grady, it's been
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awesome. tell you what, it's been great. we have been using safe social distancing practicing and getting people to come out and enjoy the ranch and come out and ride the horses here. it's just been awesome to get everybody out here on the wild west experience and enjoy the great outdoors. reporter: you see all the folks lined up waiting to go. that's the first tour of the day. about 20 people going to go horseback riding. they have been pretty much jam-packed since they were able to reopen when lockdowns were lifted. those folks you saw had masks on. once you get out on the open trail like we are, you can take the mask off and go for a ride. i wish we had more time but i got to send it back to you because one of those folks over there needs carly, this horse here. neil: that makes sense. that makes sense. you are a good rider there. i'm very very impressed. i showed up at a horse one time, no, no! okay, thank you very very much. elizabeth finkelside joins us now, not to comment on horses but she's not horsing around when it comes to demand for housing right now.
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it's a robust business, as you know. housing and housing related sales, everything to do with existing new, they have been on fire lately. but she's carved out an interesting niche, particularly for younger people who are intrigued about getting something not so pricey. right now, it's become sort of like a cult following for folks who want to snap up these cheap old houses which is appropriate because that's what elizabeth is all about. very good to have you. how does this work? >> oh, my gosh. well, it started as an instagram feed. we now have over a million followers and we basically are exactly what it sounds like. we showcase gorgeous historical homes for sale all across america for under $100,000. neil: how do you do that? how do you find them in the first place? >> oh, my gosh. well, i just kind of, you know, i have made a living out of something i absolutely love. so i am looking at real estate listings all day.
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you know, i have a background in historic preservation so i really know what to look for in houses and i have -- we have a really excited fan base of people who are sending us houses all day long. my dms, my e-mail, everything is chock-full of amazing listings people are sending me. i'm like the cheap old house girl and i'm cool with that. i've kind of become known as that. neil: you have landed on something. i was looking through a lot of these offerings and we are showing quite a few of them now, and i'm looking, there's no way these homes can be under a hundred grand. some of them seem to be, you know, multi-million dollar homes in any other locale. how is it possible? were there murders committed in them? ghosts? what the heck? >> you know, not necessarily. a lot of these are just in places that i think have been undergoing a bit of an economic struggle. as you know, a lot of the places
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in america have a lot of investment in them, people flip houses, people change things. these houses are kind of time warps because they are in places that haven't had that kind of money poured into them. so they are like walking into like a little frozen piece of american history. that's forgotten. i think there's such an allure to finding them and thinking oh, my gosh, this is so underappreciated. you know, i think that's most of the draw is like wait a minute, why, why am i living in such a place where i have to, you know, work so hard, basically just to pay my rent, and i could be in something that's that beautiful. neil: a lot of them are in out-of-the-way places, right? not easy to get to places. they seem to be pouncing on them, millenials in particular. they don't care about that? >> well, you know, i think millenials are an interesting case right now. in this country we come out of
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school in immense debt already and the idea of home ownership, it just seems like such a dream for so many people and so unobtainable. to think that you can see something like that, that you can actually have and let's face it, jobs are becoming more and more remote every day. especially with covid going on right now. i think, you know, people are wondering will they ever go back to their offices and people feel increasingly disconnected from working with their hands. we are sitting in office jobs, we are pushing papers around. to see something that you can actually have that is beautiful. this is an extremely design savvy generation and people who want something unique with character, it kind of checks all those boxes. it's sort of this incredible form of escapism and that you can actually have it. i think i can completely understand the allure of wanting to do it. it's really -- neil: it's brilliant, i think what you did is brilliant here. you will have a lot of copycats trying to do what you are doing.
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cheap old houses on instagram. man, oh, man, it has become a cottage industry of itself. all these homes less than $100,000. go figure. more after this. . . .
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♪. neil: all right. still following up on these checkpoints going up throughout the greater new york area where they're testing for the coronavirus to show they're very serious about locking things down and not risking a spread.
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it is causing some traffic delays and jams, people missing trains we're told. don't know how serious this is, but yet it is providing another reason, if you're not going into new york city, there is another catalyst not to go into new york city. charles payne, to you, my friend. charles: most hospitable town in america. [laughter]. i thought the idea was to lure people into the city. neil, we'll cover that as well. thanks a lot. good afternoon, everyone, i'm charles payne. this is "making money." breaking now, great news, i won't say great, much better than expected news on unemployment and earnings helping the market today. what is going to happen, folks, when the vaccine comes? some are saying it could be disasterous. where you want to be positioned so you don't lose your shirt. before we get to all of that, the american people, we need more relief. congress is not helping. what president trump could do on his own to keep that ball rolling. speaking of president trump he is touring

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