it is tesla, up 4.25%. the stock jumping in the premarket after goldman sachs raised its rating to buy. taking that price target all the way up to $780 a share. thank you so much for joining us this morning. dagen, courtney, great to see you both, ladies. see you soon. just enough time to say have a great day. see you back here tomorrow. "varney & company" begins right now. stu, take it away. stuart: just enough time to say that. you got it out real well. good morning to you. maria: i tried. stuart: you did well. good morning, everyone. it really is a revolt and it is growing. yes, there's plenty of news on money and politics. i promise i will get to it. but the revolt against arbitrary lockdown rules and the ruin of small businesses. it's really gathering steam. look at this. a big crowd turned out last night on staten island to support daniel presti. he tried to stay in business despite a shutdown order. he was arrested, led away in handcuffs after appearing on this program. that staten island protest is

being watched all across the country. we'll have more on it in a moment. plus the news of a strict stay-at-home order imposed in los angeles overnight. and we've got yet another official caught breaking his own lockdown rules. the mayor of austin, texas takes a message for the folks back home, telling them to stay home. he made the tape while he was partying in mexico. we are going to cover all that for you in depth, believe me, we are. let's get to your money. the dow industrials this morning at the opening bell, about 29 minutes from now, up modestly, maybe 30 odd points. the s&p 500 hit its 28th new high of the year. that was yesterday. up a fraction at the opening bell this morning. the nasdaq also slightly higher. a little bit of green out there this morning. progress on stimulus talks, he asks? how many times have we said that on this program. the news is this this morning. the democrats have retreated from their multi-trillion dollar demand and will now use the $908 billion bipartisan package as a

basis for talks. that's a real come-down to speaker pelosi. perhaps reflecting democrat losses in the election. leader mcconnell is reportedly at $600 billion. the best we can say is this. the two sides are closer. now, on today's program, you will be hearing a lot of opinion on the show. like virtual schooling is a failure, end it now and get back to the classroom. like this one, too. the arbitrary shutdown rules that ruined businesses have got to go. and our leaders should not be making rules that they don't themselves live by. "varney & company" is about to begin. ♪

stuart: rolling stones. can't you hear me knocking. what do you think? susan: i actually knew the song. i was pleasantly surprised. stuart: i think it's the perfect song to get into the new developments out of staten island. peaceful protests were held last night after the arrest of daniel presti, co-owner of the bar who declared an autonomous zone to try to keep himself in business. i'm calling this a revolt. listen to daniel along with his attorney on tucker carlson last night. roll tape. >> it was $50,000 in fines throughout the building and wound up arresting danny, putting him in handcuffs and charging him with disorderly conduct when he never raised a voice and he was in his own building that he is the leaseholder on. >> this is the new york city sheriff's department. they have created a blockade and will not let anybody in the case besides myself, keith and lou. stuart: hundreds of people at an impromptu rally.

more on that later in the show. to the latest on vaccines. there is news from moderna and astrazeneca. let's start with moderna. lauren: all right. they plan to start enrolling children in a vaccine trial so these are children aged 12 to 17. they hope to have the results by the summer of 2022. that is a lot later than expected. pfizer has been testing its vaccine on children since october. no drug maker that i know of has begun testing on children under the age of 12, so we don't have testing on young children just yet. then there's astrazeneca. they are expecting to file for emergency use authorization for their vaccine late next month. this one's not a sure bet. we do not know if they are going to get this, because this is the data with that conflicting trial. remember there was the 90% efficacy when you got a half dose and then a full dose, but yet they said it was 70% overall

efficacy. there's a lot of conflicting data. we will see what the fda does when astrazeneca does indeed file. stuart: got that. thanks very much, lauren. there are other factors on the market this morning, specifically stimulus. i keep saying this. how many times have we talked about this stimulus, here it comes. what's the latest? susan: the latest is $908 billion might now be acceptable to the democrats. remember house speaker nancy pelosi and chuck schumer said no to a white house proposal of $1.8 trillion before at the election because that was just too small? i guess it's okay after the election to go smaller like the $900 billion bipartisan senate proposal earlier this week which would extend ppp loans, unemployment benefits and money to schools and local governments. meantime, senate majority leader mitch mcconnell has proposed a $500 billion package this week which steve mnuchin, treasury secretary, said the president would sign. there seems to be more hope of a stimulus package in the lame duck session before january

20th, because democrats think this is just a down payment, a starting point, to a much larger stimulus package whether the white house transitions. we have covid cases and deaths spiking as well and concerns the economic recovery might be slowing down, especially in the midwest and northeast. stuart: bottom line is they are moving closer. susan: yeah. stuart: but it ain't a done deal yet. susan: no. it makes you wonder why they put politics ahead of american livelihoods. that's the question mark. stuart: people have run out of money. real, real soon. they have got to have something before the end of the year. susan: absolutely. stuart: all right. thanks, susan. d.r. barton is with us this morning, market guy of the moment. d.r., there's a very positive backdrop to the market this morning. you've got news on the vaccines. you've got the stimulus possible compromise. you've got a low number of jobless claims, only, what, 712,000. corporate profits are still doing real well. that's a strong, positive

backdrop. you still bullish? >> yes. still very bullish, stuart. you know, this news on this stimulus i think has gotten the market's attention because one of the things we're looking at on the balancing of that scale, as susan just mentioned, we have 200,000 new cases, 100,000 hospitalizations, 300,000 deaths, all highs on the coronavirus front. so for the market to not be down big when we are getting numbers like that on the coronavirus side of things, stuart, i think is a very positive and shows the bullish underpinning of all that great data you just mentioned. stuart: in the last five years that you have been on this program, it may be longer, have you ever issued a major sell signal telling it's time to get out? have you ever said that? >> i have only done it twice, stuart. i did it once in mid-december when we were having the slide in 2018. it only lasted for a few weeks and i had people getting to the

sidelines in. recently in the coronavirus, after the biggest went through into march, i was bearish for a month and a half there as well. other than that, saying let's be protective, let's get some puts or short sales going, other than that, you are exactly right because the tenor of the market, the narrative of the market has been supportive, economics has been supportive, monetary faction from 2009 to 2018, we got supported monetary from the fed and that's what we're getting again right now. all the stimulus from the fed and the congress keeping us bullish. stuart: you like zoom, i think. i saw zoom above $500 a share not too long ago. they dropped just below $400, now it's $413. where is it going? you like it. where's it going? >> i do like it, stuart, and

here's one of those earnings reports that you and i always talk about that we dislike so much. it's the expectations game. the last quarter they reported their revenues were up 355% year over year. then the quarter that just reported, they were up 367% and they said we're only going to be up 323% year over year next quarter. where can you buy that kind of growth? yes, this company has been priced way up this year, but i think they have another 15% to grow in the next quarter. buying them on this pull-back is a great stock to get on sale. stuart: stock on sale. it's gone up 300%. not bad. thank you very much indeed. see you again soon. you see that? now, we have to look at some individual stocks that are moving this morning. on your screens, dollar general down 2%. susan: dollar general reporting

this morning and down despite the fact we saw foot traffic going up by 14% from october to december, making more money, more sales as shoppers hunt for discounts in a tough covid economy. but i would say this is probably just selling on the news, buying on the rumor as they usually do. krog kroger's is down. sales didn't meet forecast but in this toppy market you get punished for underperformance. they said online sales doubled in the summer months and next year will be better than anticipated, 2021. finally, one of the big decliners this morning, one of stuart's favorite stocks, you know what it does, right? stuart: tell me and the million people watching. susan: first, it lost three times more money than anticipated. it's a big data manager and it puts data in the right places so you can find it and analyze it properly. i just want to hear you say the name. stuart: splunk. it's not a data miner so much

as -- susan: organizer, call it. stuart: how old is this company? susan: not at all. now you hear about age all of a sudden. stuart: good one. well done. check futures, please. overall, a little bit of green there. this isn't a major rally by any means but we have green on your screen this thursday morning. look at this headline. believe it or not, it's in "the washington post." quote, it's time to admit it. remote education is a failure. i absolutely agree with that. it does not work. you are going to hear more about that in my take, top of the next hour. the mayor of austin under fire after telling residents they need to stay home. he said this while on vacation in mexico. yet another example of rules for me but not for thee. we have it all on this show, after this. ♪ before nexium 24hr,

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stuart: you know, i spend my day looking across the whole scope of wall street, looking at all these big investment firms and what do i see? so many of them are predicting a major rally next year. and we've got another one. jeffery's, big rally. what are they saying? susan: somehow i think you spend your day doing something else. the target was raised to 4200 by the end of next year, not quite as bullish as goldman sachs, which predicts 4300 by the end of 2021 or jpmorgan's bull case here, 4500 for the broader index. that's over 20% gains from current levels. the reason they are getting more

bullish, they say there's going to be more stimulus. also fed money printing will continue and a rebound in the u.s. economy thanks to vaccine deployment. this will all be tail winds for companies that ride on a better economy and the underperformers or so-called value stocks. stuart: this bullishness is almost universal except -- susan: except. stuart: except morgan, morgan stanley, i think -- susan: morgan stanley is not exactly bearish. they are just a little concerned about the current levels we're at. they say it's overbought, if you look at the explosive performance we have seen in the month of november. best november we have seen for the s&p 500 in history. but they say look, it might be overbought in the short term but if we do see a big correction, it might be time to actually buy into stocks at a discount. the reason why they are concerned, if you look at what's happened to the ten-year treasury yield, yields usually go up when people feel less need to buy assurance in government bonds. that hasn't exactly trapped the explosive gains we have seen in the stock market. who's got it right?

bond investors or stock market investors? stuart: morgan stanley is saying buy the dip. susan: buy the dip, expect the correction. it's been too much, too soon. stuart: fair enough. thank you. i will put on your screens the new restrictions the governor of kentucky has just put into place. look at that. no indoor dining and the list goes on and on and on. we won't reveal it to you. come in, congressman, the republican from the great state of kentucky. congressman, we are doing a lot on this show about the pushback, almost the revolt against these restrictions that are in place all over the country. any pushback in kentucky? >> there's a lot of pushback. it's not just from the business owners. obviously no business owner would be happy that a governor single-handedly forced their business to be shut down. but there's also backlash among the workers. right now, kentucky has the second highest unemployment backlog in america. in three weeks, only 27% of employees that are unemployed are actually receiving benefits

in kentucky. our surrounding states, that number is over 60%. kentucky is not even getting benefits out to the unemployed. it's not just the small business owners that are affected, it's the workers. i don't see why these democrat governors don't understand that. stuart: how does opinion shake out in kentucky? i know these closures are a big deal in the media there. how is the opinion split? >> you're exactly right. the media in kentucky, the liberal mainstream media, they keep showering praise on our governor for being bold, but the working families and the struggling small business owners, they're not very happy. 100% political. stuart: it is political. democrats in most states seem to want to put in place restrictions, lockdowns, stay-at-home orders. republicans seem to want to open it all up. it's really a dramatic split. same in kentucky, i guess? >> it's the same in kentucky. you are exactly right, that's the huge difference between

democrats and republicans in how to handle this crisis. democrats are calling here in washington today for trillions of dollars in more stimulus, and republicans simply want us to safely reopen the economy. we have the vaccine that will begin being distributed all across america in a matter of days. i think the light's at the end of the tunnel but with these democrat governors we are just setting our economy back even further and digging a hole that's going to be hard for a lot of small businesses and workers to get out of. stuart: congressman, thank you very much for joining us this morning. we always appreciate it. thank you. >> thank you for having me. stuart: sure thing. let's move on to los angeles. they have announced more restrictions. the announcement came just overnight from mayor garcetti. i will call the restrictions draconian. give me the list, lauren. lauren: yeah. i will add to that confusing as well. mayor garcetti essentially said to stay home, don't leave your house, warning the issue and the concern is the area hospitals are going to run out of beds by christmastime.

so it's a revised lockdown order. you can't see anyone besides those that live in your house. businesses that require employees to physically show up, stop operating. you cannot walk, drive, take public transportation, bike or scooter unless it's for an essential activity. so what is an essential activity? golf, tennis, pickle ball, they are all allowed. you can go to the food store, to the doctor, you can even get your car fixed. if you are shooting a movie, it's hollywood, or operating a gym, and both of those activities are outdoors, you're fine. so why can't you eat outdoors? a judge has ordered the l.a. county public health department to show scientific evidence that dining outside has caused infections to spike and they have to submit their proof by tuesday. what the judge said makes sense. while there is a risk, of course, of spreading disease, you have to also talk about the benefits of keeping restaurants open. stuart: yeah.

there are lots of them. all right. amazing stuff. lauren, i'm sure you have seen this, the mayor of austin, texas told residents to stay home but where was he when he sent that message? can you tell us? tell our viewers. lauren: his timeshare in mexico. let's watch. >> we need to stay home, if you can. do everything you can to try to keep the numbers down. this is not the time to relax. we may have to close things down if we're not careful. lauren: okay. mayor mayor adler has since apologized for that trip. it was taken after his daughter's outdoor wedding on a private jet with family members last month but it's really bad optics. stuart: that's putting it mildly. well done. you showed admirable restraint. thanks. on your screen now, plenty of green. dow up maybe 30. nasdaq up about 20. it's a pretty positive day on

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stuart: now the market opens in a couple minutes. we thought we would tell you how it's going to open, in the green but not by that much. show me three stocks, please. i want ibm, walgreens and merck. on your screens right now. david bahnsen, who specializes in stocks where the dividend is going to grow, he's picked these three stocks. david, what's so great about ibm and its dividend? >> well, first of all, ibm to start off with, has a really nice dividend. just at purchase you will get a 5.25% yield and they will continue growing that dividend. they have been growing it substantially now for the better part of a decade. as you know, they kind of have two businesses. they have an old line business that's a little stodgy, traditional, but it ticks off a lot of cash but it's not a high growth space. then they bought red hat and they have this cloud business going into the future. so you get kind of the best of

both worlds. old co and new co. stuart: 5% now, maybe a capital gain later, maybe more dividend later. got that. how about walgreens? >> walgreens is one of those names where there's a lot of negatives. you can talk about in terms of the secular pressures on their space, people worried about amazon coming in the pharmacy business, yet that's why walgreens is priced where it is. it has the lowest pe ratio it's ever had and so walgreens has priced in a lot of bad news but it's grown the dividend every year for over 70 years. it's paying out over a 4% yield and it is perfectly prepared to now weather the storms and readjust their business going forward. so it's kind of a mix of a value play with a really good dividend growth story. stuart: let's see if you can squeeze this in before the market opens. merck. what are they paying and how much are they going to pay? >> merck is paying 3.2%. they have grown the dividend every year forever. they have $10 billion of cash on

the balance sheet, the best r & d department in big pharma. merck, by the way, is down 10% on the year so it isn't like it's one of these stocks that's already fully recovered. it would be very difficult for me to come up with something negative to say about merck. a great dividend grower, stable and low volatility, stuart. lot of people like that kind of thing. stuart: that's your business, isn't it? you look at stocks and pick stocks where the dividend is strong and likely to get stronger. that's what you have been doing all your life in finance, isn't it? >> that's what i've been doing. the only caveat is i would say i pick companies, not stocks. meaning we want the businesses to be strong, the stock price just follows, my friend. stuart: david bahnsen, always a pleasure having you on the show. great information. see you again soon. thanks, david. >> thanks, stuart. stuart: all right. let's see now. we have got -- it's 9:29.33. trying to do the math here. in about 20 seconds or maybe 10 or 12, you will hear the bell

ringing and i would like to see what the guys ringing the bell -- yeah. on the right-hand side, that guy, see that guy? he's clapping, he's got a beard? he is 25 years old, he's the founder of luminar which goes public today and he is a billionaire. susan: at 25. that's right. stuart: at 25. there you go. susan: via spac. our favorite term of the year. stuart: all right. we have opened up. off we go. the dow is up 26, 27 points. you're at 29,900. the s&p 500 also, i think, on the upside a tiny fraction there. remember, yesterday it set its 28th record high of this year. the nasdaq composite, home of all the technology people, that is up 24 points, almost .25%, 12,373. that is nasdaq. now, show me a big mover. we've got one. it is tesla again. up nearly 3% and there is a new

target price. susan: street high, $780 from goldman sachs. that's 30% higher from these levels. now, goldman says the shift to electric is going even faster than they had initially predicted and that's thanks to governments phasing out gas-powered cars like in california for one. also, new battery technology means electric car batteries are getting cheaper. batteries account for the bulk of electric car costs which have typically been 20% more expensive than old gas-powered cars. so if they come down in price, so do the cars themselves. also, it's interesting that goldman points out that one part of tesla no one talks about is the fact they sell batteries to homeowners. they also have solar roof paneling as well after they bought out solar city. people say that will be a contributor to the bottom line at tesla. we know tesla is up 500% this year, will be added to the s&p 500 in just a matter of weeks, and according to goldman, i call this capitulation because for awhile, you have a lot of people

saying it's a $400 stock, not necessarily a $600 stock but goldman says it's actually worth $780. stuart: good lord. all right. there you go. now, there's several big movers this morning, not just tesla. on your screens, crowdstrike, snowflake, octa. susan has details on all of them. susan: you always emphasize it like that. start with crowdstrike, probably best known as the cybersecurity firm investigating the dnc server hack in 2016. you saw strong earnings in the quarter as more people work and school online and on the cloud, making money instead of losing money in the quarter as well. subscriptions nearly doubling. take a look at these price target hikes this morning. i counted 9 of them, all near $200 apiece. there's a lot more to go in this stock. stuart: that is actually -- crowdstrike is a cloud company? susan: i would call it a cybersecurity company to make sure if you are working in the cloud, you are doing it safely. we also have our first report card from the high-flying ipo

unicorn snowflake. i thought that was what you were going to ask me about. snowflake is still losing money. sales growth slowing as well as the amount of money they make on their services. that's not good for the stock. however, we do have analysts still getting bullish, says 100% growth in sales isn't exactly terrible. i saw three target price cuts but most have been raises. finally, octa, that makes the software that helps you get into your company system from home. surprise profit here instead of a loss, higher sales. so bullish, they say they will make more money than anticipated for this year. analysts like it, ten of them say it's a $250 plus stock. stuart: i mean, it's just extraordinary, isn't it? these price targets, way above where they are now. susan: right. stuart: just a couple years ago, you wouldn't get that. susan: also in a year that we have a pandemic as well. these are brand new high tech

companies and it seems like expansion is still there. stuart: thank you, susan. cvs will be giving out eli lilly's covid antibody drug to m so patients. who gets it and at what cost? lauren: patients in seven cities if they have mild covid-19 infections and are not in the hospital, they can get it starting today for nothing. it's free. this is the antibody treatment that was recently approved by the fda for emergency use but it has to be given intravenously which is why it's a pretty big deal the government has tapped cvs to begin administering it in patients' homes. this is the treatment of many people with covid-19 who are not in the hospital, using staff at pharmacies to treat people where they are, at their homes or some sort of facility but not the hospital. stuart: i've got one more for you, stitch fix, down 3.25%. a, what do they do, why are they down so much?

lauren: so they are an online personal stylist, if you will. they were downgraded to underweight from equal at wells fargo giving them a $27 price target. so you can see that's $10 from where they are now. but this has been a pandemic winner. the stock is up more than 50% this year. they use like a team of data scientists to basically customize the fashion they think you would like, then ship it to you on a monthly basis. it makes sense that something like that would be popular now but wells is saying there is a quote, unfavorable risk/reward from here. we will find out more when stitch fix reports on monday. stuart: thank you, lauren. delta launching the industry's first contact tracing for travelers. how does that work? susan: you have to share five simple pieces of information according to delta. you will share your full name, e-mail address, address in the u.s., primary phone, secondary phone, and this is part of the

contact tracing so if you get off the plane, someone has a case of covid on the flight that you were on, they can get in touch with you and give the information also to the government as well. customers that voluntarily participate in the contact tracing program, you can fly, if you are on the delta program already, on the sky miles, and also if you are a foreign national or u.s. passport holder traveling to the u.s. as your final point of destination, you are automatically enrolled. this has kwoefrs prooquestions , don't you think? how much information do you want to give away? delta is blocking the middle seat until march of next year. stuart: anybody in the world has probably got that information at this point. susan: you think? stuart: yeah. susan: primary, secondary phone numbers? stuart: i would have thought so. susan: okay. scary. stuart: i'm sure my phone number is known in beijing and london and tel aviv and every place else. thanks, susan. the ten-year treasury yield is at .926%. the price of gold this morning

is $1,839 per ounce. the price of a bitcoin is $19,580. getting real close to 20 grand. and the price of oil right now is $44.96. new york's governor andrew cuomo loves to boast about his leadership during the pandemic. couldn't stand to give anybody credit for a speedy vaccine. remember this? roll tape. >> the first drug company that has the vaccine, that is big money. the president, it's ego. on the way out the door he wants to be able to say i solved covid because i discovered a vaccine. now, it's all b.s. stuart: really. really. okay. well, dan henninger with the "wall street journal" says pharma deserves the nobel peace prize for the covid vaccines. dan's on the show in the 11:00 hour. joe rogen making the people at spotify very happy. we are going to tell you why. that's next. ♪

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stuart: you realize that the s&p and the nasdaq are on track for more record closes if this keeps up? we've got green across the board. the dow is at 29,962. now, let's go to spotify, because they soared to a record high wednesday, up a bit more this morning. i think this has got something to do with the podcast star, joe rogan. susan: the $100 million podca podcasting star has gone exclusive on to spotify this month after signing that multi-year deal this summer. we know joe rogan is one of the top podcasters in the world with billions of listeners each and every month. already the most popular podcast on spotify this year. he only debuted in september and

going exclusive this month. so spotify rallying close to 16% yesterday. i looked up and said what is going on here. this is joe rogan buzz, also the new feature that lists users' top music of 2020. the top songs and artists i have been streaming and sharing on social media so far this year. we are at the end of this year. spotify has been trending as well, moving up in the app store rankings this week. there's a lot of buzz around this, up from 27 into the top 10 yesterday. also trending on twitter. bloomberg says also vaccines and return to commuting is going to be a boost for spotify's stock going forward. stuart: does it automatically list your top songs of 2020? just does that for you? susan: yeah. it collates it but you can go share it. i have been seeing a lot of it on social media, on twitter and instagram and the like, if you ever use that. stuart: the dow is now up 114 points here, almost at 30,000 again, folks. if you hold on for a second you will probably hit 30,000 within

seconds. i will move on. i'm going to put on your screens apple and snapchat. gregg smith is with us. he likes both of these. first of all, apple, i think you expect it to hit a new high by the end of the year. what's the target number, gregg? >> hey, good morning, stuart. well, the high end apple is just over $137. i think there's two things going on. you know i have been running around all year with my hair on fire since april, just a bull on the markets, telling you we are going to keep hitting new highs on the markets because really, there's no better place to go with your investment capital. but on apple, i think that a lot of roads lead back to this incredible product here, their airpods. i might sound like a sappy romantic novel, but this product prompts a much deeper level of enjoyment and satisfaction than users get out of their phone. you talked about spotify a few minutes ago which i started buying in june at around 230 and i have a $400 price target on

spotify. but this product alone, if apple is going to sell 100 million pairs this year, i think this is just powering big moves up, for both apple and spotify. stuart: now tell me about snapchat. i know you like it. where's it going? >> snapchat, i shared with you in early october at 26, i have a $67 personal price target on snapchat. look, this company is at an inflection point. it's gone from a few years ago when this was the ultimate communication tool for kids in fifth grade to send silly pics to their friends and it's hit this inflection point that it's now transitioned into a mainstream social media product. i think their business model has really improved from where it was. their monetization of what they are getting from advertisers and just how they will present content to users, i think this is going to drive this to much higher levels. i think the stock trades a lot higher. stuart: i wonder if you will answer this question. you have recommended several

stocks this year and the ones you have recommended have largely, almost entirely, done very well. have you made $100 million in 2020? >> i have not made $100 million but i have made over 100% in public capital this year. not quite $100 million. stuart: not quite. you are doing well, lad. don't worry. you're doing well. >> i'm doing okay. i'm happy. stuart: come back and see us soon. thanks very much. >> thanks, stuart. stuart: the rise in online shopping has led to a rise in delivery scams. what do people have to look out for, lauren? lauren: i would say the biggest thing is very realistic-looking e-mails. let's show you some of them. i have received e-mails like this where you look 100 times to see if that's actually legit. it can be an e-mail or it can be a text message. there you go. these are from dhl. they all instruct you to click on a link. never click. even if it's real, the advice is

don't click on anything. instead, what you can do is try to get the link, cut and paste it into a google search page instead. why is this happening right now? well, con artists are going after you before you buy something online, as you buy it, trying to get your payment information, then after you buy it. so phishing e-mails pretending to be dhl, fed ex or amazon, rising 440% from october to november. we're not done yet because then there's the porch pirates, the people that actually steal your items from your porch. the average victim had three packages stolen since quarantine, costing $175. stuart: okay. there is one more for you. i think this is a really important story. the pace of online shopping is so much that some of the shippers just can't keep up. they are overwhelmed. i think they are refusing to pick up packages from some retailers.

am i right? lauren: that is correct. so ups refused to pick up packages from six retailers, including gap, nike, ll bean and macy's. this was temporary. it was for basically cyber-week between black friday and cyber-monday, when everybody was shopping online. the limits are now over and ups says look, the reason we put them in place is because we had volume arrangements with these stores ahead of time, and they were shipping more than they agreed to. they had to preserve the integrity of their own system and their own performance record because they were stretched thin. you also have to remember the small businesses. they need a lifeline and when you order something from a small business, ups wants to be able to ship it to you on time. so they are respecting small businesses as well. stuart: it speaks volumes about the volume of online shopping and delivery. extraordinary this year. thanks, lauren. businesses across the country are looking closely at max public house on staten island.

watch this. >> in every city, in every town in america, this is how we make the change. >> open up! stuart: hear that? what you're looking at is a revolt. you will hear my take on it at the top of the 11:00 hour. more than 1,000 students at columbia threaten to withhold tuition. they don't like paying for those high prices for virtual learning. they are not alone, by the way. others are picking up on this across the country. we are going to deal with it, after this. ♪ a must in your medicine cabinet!

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>> absolutely. bitcoin was born to be a peer-to-peer electronic cash system. that's the title of the white paper which introduced bitcoin, meaning it's meant to be used in daily life by businesses and consumers all over the world, and that's where you get its real value, from actual usage at high scale, with fast transactions and super-low fees. that's unfortunately not what has happened with bitcoin. there's a new narrative being pushed that it's a store of value which is what is driving up its price recently. stuart: but it has recently been coming into almost common usage. you can actually buy things with bitcoin. you can use it as a currency. that surely is going -- isn't that going to expand? >> i would disagree with that. i think bitcoin is very rarely used today to pay for things at merchants even though paypal has added it as an option. you don't really own and use the currency itself. it's converted to fiat currency. instead, because the bitcoin

network did not scale, transaction fees are high. today i checked and the transaction fees is over seven u.s. dollars. you can't transact with it in daily life to buy your groceries or coffee or gas. it costs that much just to set a transaction. the white paper describes bitcoin to be a solution to make more efficient internet commerce payments, including small casual transactions. that's not what has happened with bitcoin. instead, public companies such as microstrategy and square have bought up large reserves of the coin and are tweeting it as a reserve asset, hoping that it goes up in value just by parking it, not actually using it to transact with in daily business and consumer life. stuart: you want it to go the other way. you want it used on a daily transactional basis. i would like to see that, too. thanks very much for coming on the show, i appreciate it. >> thank you so much for having me. stuart: we will see you again soon. promise. thank you very much. now, we were just thinking there about a store of value.

that means gold is a store of value. but we've got deutsche bank saying gold prices are going to fall. first of all, why are they saying that and how far down do they think -- susan: they think it will go 12% lower, think of $1600 instead of $1800 level and the reason, the popularity of bitcoin as a hedge this year. also, there is no inflation despite the fact we are anticipating more stimulus. stuart: okay. bitcoin nearly 20 grand. gold on the downside, according to deutsche bank. still ahead on this program today, brian brenberg, sean duffy, dan henninger, tomi lahren. the second hour of "varney & company" a moment away. ♪

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♪. stuart: oh, no. oh, no. you are playing the beatles the possibly oldest beatles record ever. goes back to the very earliest days when they were firstborn. oh, please. susan: i like the early stuff. stuart: you don't like that, do you? susan: i do. stuart: if you do we'll play it again. oh, man. thursday morning, big show ahead for you. here is what is coming up this hour, brian brenberg, mayor of el paso, joe borelli. by the way he was at the staten island revolt.

we have the creator and star of the netflix series, "meat teeter." sean duffy is here, "wall street journal" guy, dan henninger, and tomi lahren, all of them on the show. now to the markets, progress on the vaccine, maybe stimulus talks. that is fueling the market. nasdaq and s&p both on track for record closes. dow up nearly 100 points, really close to 30,000. we have the latest read on an important area of the economy. that is the service sector. what do we have? susan: actually it is pretty strong for the month of november. 59.9. slightly less than economists forecast, looking for a read of 56. still we're talking about acceleration and improvement in services as we see the u.s. economy continue to recover from covid. so it is actually higher than i would say with we've seen during the depths of march and april. slightly less than october.

still given services represent 70% of the u.s. economy i think it is helping the market. stuart: we're up 100 as we speak. here is the what i really want to know. the latest on mortgage rates. it is 10:00 on a thursday after all. the rates, please, lauren. lauren: new all-time low, you guessed correctly. 30 year, 2.71%. 15 year, popular for refi's, 2.26%. here is the problem. what freddie mac said explicitly. home sales hit a wall, despite low rates, despite robust demand, not enough supply. not enough homes for sale. if there ain't something so see or how much money you have, you can't buy what they can't sell. stuart: at the moment you talked about that, we hit 30,000 on the dow again. back to 29,998.

et cetera. we're at 30,000 on the dow jones industrial average. and now this. remote learning, the virtual classroom, it's a failure and that's another reason to open the schools now. it is hard to get your arms around the extent of this failure. from all over the country there are reports of cratering grades and frankly disappearing students. youngsters who just don't show up on the computer. in school systems where classrooms are closed enrollment is declining. online is just not working. it's the quality of education is most troubling. how do you expect stressed out parents to operate the often inadequate virtual classes? and the truth visiter all education is a very poor substitute, no matter how many resources you throw at it. where is the socialization that youngsters need? you don't get that from staring at a screen. and let's not forget, there are millions of families which simply do not have full access to the internet. this is an educational disaster

all the way from pre-k to college. it is a disaster for public education. those who can leave. it is a public relations nightmare for the teachers union. they seem to have abandoned the children. there are all kinds of arguments for reopening the schools. for example, relieving parents, get the economy going again. yes, and yes, all good reasons but the most important is surely that virtual learning just isn't working. open the classrooms, get back to real learning and do it now. this is the second hour of "varney & company." ♪ stuart: joining me now, brian brenberg, business professor at the kings college in manhattan. all right, brian, you heard what i had to say, virtual learning just doesn't work. now you're a college professor. what say you? >> i can't disagree with you,

stuart. let me just offer sort of a human story on this. it's easier to capture that grim percentages like how many students are failing or leaving school. it is harder to capture what parents are feeling. i have a friend here in new york was telling me about his daughter the other night and he said, look the only way we can do virtual learning if i sit there with her all day, basically homeschool her. in other words we're asking parents to homeschool who don't have the capacity to do that and he just got to the point, you know what? we're pulling her out. we're going to homeschool, if that is what they ask us to do, we'll do it the proper way. stuart, parents can't do this. students can't learn staring at a screen. it doesn't work. stuart: would you say the same for college kids all the way down to pre-k? all age groups virtual learn something a disaster would you say that? >> i would say for everybody it is best to be in the classroom. it is a disaster the younger that you get. college students who are there

for serious reasons, stuart, who want to learn, they can handle some of this, it can work if they act like adults they can do it. but the fact is always better to be together you get to have the personal relationship. we sometimes underestimate how much that matters in a college education in a high school education, in a elementary school education. we need that. frankly, stuart, it is much more fun, much more life giving for the teacher to be with their students. we do a better job when we're with our students. we're asked to interact with them, via videoconference you lose the joy of teaching. you lose some of that special quality that comes from being together. if you lose that, stuart, you lose the effectiveness of the education. stuart: brian, i know you have seen this. there are college students all across the country threatening to withhold tuition payments they say remote learning should cost less. it is not worth the full price. are you with them? >> well again, i will go back to what i said earlier, if you

approach remote learning as an adult you can get value out of it. the fact a lot of schools completely abandoned on-campus learning. they made the decision all we're going to do is online. i don't blame students for saying i'm not getting the value of on a on campus experience online. it is simply not translating. i say to some of these students, especially columbia university, there is a story came out yesterday about students demanding tuition cuts because they think that in this environment it is simply too hard for them to pay for college. one of the problems we have with college students they don't view a college education like investment. they view it like entitlement, stuart. if you view college as an entitlementment you will always be complaining. one of the things students have to do these days look at it like an investment. what is the return on the investment. if i'm not getting it go somewhere else. leave, find an alternative. don't just complain about it. there are other things you can do with your time.

stuart: we hear you. brian brenberg. thanks for being here. see you soon. let's get back to money that would mean the market. the nasdaq just hit and all time high. there you have it, up 70 points on the nasdaq. we're up 102 on the dow. brian belski is back with us and brian is still bullish. he is always bullish long term. hold on a second. we've got a record number of hospitalizations as of today i think or certainly yesterday. record number of deaths. this isn't good but does it hurt the market? >> good morning, stu. i'm still kind of shell-shocked you ripped 9 beatles at beginning of hour. i'm trying to recover. stuart: it's a lousy song, brian. awful stuff. >> anything post rubber soul you have to love. i'm with you on later beatles. with respect to the markets, reacting to what is happening with respect to coronavirus and

corona vie are you which talk with clients all day long, fool me once, shame own you, fool me twice, shame on me. this in march was hitting us flat long with chaos, moving, working from home and. society, businesses now coexist with the virus. we have clarity earns with respect to one, two, three, maybe four vaccines to increase therapeutics. i think people are more pointed toward. one thing we caution investors, transformation and normally will not be a one-year event, stu. till with be a two or three-year event. so i do think we're looking for obviously more stimulus when mr. biden is the president and i think that is going to fuel stocks higher. so i don't think people want to move the move in markets. that is from a near term perspective that has me a little bit worried that we're getting overheated. stuart: all morning long and all week long we've been getting these reports from the big wall street firms who almost all of them forecasting a very

strong market next year and i think you are forecasting that the s&p is going to have a great year next year. where is the, s&p right now is 3675. you think it is going well above 4,000 next year? >> we do. we published our piece on november 19th with a 4200 target on the s&p and $175 earnings. we think the move next year in 2021 is going to be about unprecedented earnings growth as stocks. stuart: industries, sectors see broadening out of fundamentals especially second half of the year. stay at home trade, technology, communications services will be strong beginning of the year. increased odds of a lock down, things like that. we think the bull market continues. we think the u.s. has the best assets in the world in terms of equities. we think investors around the world are underexposed equities. that is something people don't talk about enough. >> we hear you, bullish brian

belski. thank for coming to us. see you real soon. i will try to fix the beatles. don't worry, i will get that. >> thank you. stuart: look at moderna, they will start testing their virus vaccine on children. the study will include 3,000 youngsters between age 12 and 17. the stock is up another 5%. astrazeneca they say results from their covid vaccine trial will be revealed late january. they're delaying that. investors don't care for that. the stock is down 1 1/2%. ibm, listen to this, uncovering a global email attack on the covid vaccine supply chain. susan: talking about phishing emails targeting global coronavirus vaccine companies. a chinese business executive at a chain supply company. it goes all the way back to september. they're targeting six countries, italy, germany, czech republic, greater europe and taiwan.

we had the case of north korea and these attacks that were uncovered targeting specifically the uk, astrazeneca and the oxford university vaccine development. in that case they were sending out linked in messages trying to get access to the information in the servers. so obviously vaccines are in high demand around the world, even from nefarious, from nefarious ways trying to access the type of date takes not trying to get the vac seen for themselves. it is just being nasty and disrupting the -- susan: no, trying to get access to the information. stuart: they want it themselves. susan: develop it. so they can bring it back home to their own country. stuart: not just disruptive? susan: no. stuart: it is nasty. thank you, susan. we're following a revolt against lockdowns. florida governor ron desantis says they do not work. he said it again. watch this. >> a lot of these lockdowns have been very ineffective. they have huge negative consequences and in my view that everybody's essential.

who is government to say that your job is not essential? stuart: well, florida is open for business. they are thriving down there and that is something we are following for you. more hypocrisy from the left. the mayor of austin has been busted. vacationing in cabo san lucas, mexico, telling residents of his own city, stay home. he is in mexico. the second hour of "varney & company" just getting started. we made usaa insurance for members like martin. an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it with hassle-free claims, he got paid before his neighbor even got started. because doing right by our members, that's what's right. usaa. what you're made of,

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county superior court judge says you better have the scientific proof to prove it and justify it. so l.a. county banned all-out door dining last weekend. suppose towed stay in place for at least three weeks they say, but probably will be longer than that. california governor gavin newsom meantime says outdoor dining is actually okay and restaurants are fuming at this l.a. county regulation because they're losing money and it threatens jobs obviously. so the judge says provide the data on health and science to justify going even further than state guidelines. l.a. county health supervisors will need to return toe court on tuesday armed with evidence to prove it. stuart: if they have got it. susan: yeah, that's right. stuart: i think they made these rules on completely arbitrary basis. susan: draconian as it is called. stuart: draconian, you're out of business if you're trying to run a restaurant. nonsense. now the list of hypocritical lawmakers who defied their own covid guidance, that list is growing. the mayor of austin, texas, is

the lacest, lauren. what's the story? lauren: i love that graphic, i really do. you're looking at him, mayor steve adler, democrat. he took a private jet with seven family members last month to cabo san lucas, mexico, where he delivered this message from his time-share. >> we need to you know, stay home if you can, do everything you can to try to keep the numbers down. this is not the time to relax. we're going to be looking really closely. we may have to close things down if we're not careful. lauren: this all happened after his daughter's small outdoor wedding and mayor since apologizing saying i regret this travel. i wouldn't travel now. didn't over thanksgiving and won't over christmas but my fear is that this travel, even having happened during a safer period which was in november, could be used by some as justification for risky behavior. we are seeing this with mayors and governors and other

politicians coast to coast. they say one thing yet they do another. whether it breaks rules or doesn't, it is bad optics. stuart: yeah. don't do that. don't do that. you want people to obey the rules you obey the rules. all right. thank you, lauren. bring in dee margo, the mayor of el paso, texas. your honor, do you have any advice for the mayor of austin, start with that? >> no. i think, i think steve knows how to deal with that. stuart: okay. you're very diplomatic there, your honor. sir, you're blaming a spike in covid cases in el paso on covid fatigue. explain that one, will you? >> well, it is an assumption. i'm not saying it's factual. the only things i know factual from the data is a deep dive we did from, excuse me, november the 10th, through november the 16th. showed under contact tracing 55%

of positives were coming from shopping at large retailers, primarily big box stores. and the, and people would ask me why do you think this is occurring? my assumption was i think for a while people had covid fatigue and let their guards down, failed to wear face coverings, maintain distancing and gathering issues. but we also noticed that the number of positives from an age bracket standpoint had increased significantly. we originally, our previous deep dive showed 52% of our positives were coming from ages of 20 to 39. now they're coming from 20 to 50. so there has been a real shift in, you would assume that some of that was just emjust saying i'm fed up and they let their guards down they can't do. we can't do, frankly until everyone is vaccinated. stuart: almost human nature to do that i would say. >> right. stuart: you're one of the first towns, you were a hot spot in

texas. you were one of the first to get this sharp rise in cases. i think you were one of the first to clamp down on your city. how is it going? have you beaten it? >> well, as a matter of fact, sir, i'm almost afraid to be too optimistic. this week our positives have been down and i will know more today and have a better understanding whether thanksgiving, where we got through thanksgiving okay or it bit us but on november the 30th, on monday we only had 461 positives. on december the 1st, tuesday, we had 319. on december the 2nd, 551. today we're reporting 545. whereas in the past we've been reporting well over a thousand and, we're hitting significant capacity. the hospitalizations are down 30 today. and the icus are down 11 and ventilators are down as well. i don't know, i'm prayer fully

optimistic that we're maybe starting to plateau. this is our sixth week. when you compare what happened in the rio grand valley and has similar demographics. it took them about five weeks to plateau. stuart: your honor, best of luck, congratulations on on progress you've made. dee margo, mayor of el paso, texas, thank you. >> thank you. stuart: the fa-a cleared the max jet for takeoff. grady trimble is at the dallas-ft. worth international airport. grady, did you get a first-hand look at the max jet cockpit? reporter: we did, stuart. we flew on the plane yesterday. it essentially felt like any other commercial flight which is what american and boeing, all the airlines want people to see. american will be the first to return the max to service later this month. first they do that to offer demo flights to employees to make sure they're comfortable on the plane. since it was ungrounded, they

received wiring fixes, flight control updates and the flight system partly to blame for crashes in 2008 -- 2018 and 2019. american has max planes have been receiving regular maintenance, running engines, rotating tires. we talked with the coo who flew on the plane with us and he said the plane is ready to take to the skies with passengers on board. >> i wouldn't get into the airplane if other pilots, mechanics said if it wasn't safe. i tell my family, friends, it is a airplane to fly. reporter: united returns to max planes next year. southwest the largest operator of 737 max, will do so in the second quarter of next year. all the airlines are letting customers rebook though if they don't feel comfortable just yet getting on a max flight.

stu. stuart: grady, thank you very much indeed. still to come "fox nation" host, nashville local, tomi lahren. can the music city survive? they live on tourists and there are none there. i will ask her about that. first i'm talking to new york city councilman joe borelli was one of the many residents protesting the arrest of the public house owner mack presti. i will ask him after this. ♪. ♪ ♪

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♪. >> the only thing that we're major, that we're fighting right now is the indoor dining ban because it is just a mandate. all other laws, regulations and rules we're abiding by them. >> they gave us $50,000 in fines throughout the, throughout the building. and wind up arresting danny, putting him in handcuffs, charging him with disorderly conduct. >> this is the new york city sheriff's department, they have created a blockade, and will not let anybody in the place except for myself, keith, and lou. stuart: there you have, daniel

presti, co-owner of mack's public house. daniel was arrested because he tried to stay open. that arrest drew a large crowd of supporters outside the bar. you see it last night on the video there. come on in please, joe borelli, new york city minority council whip. would you describe the scene for us? i've been talking about a revolt. does that word apply to last night? >> yeah i think the word, the word certainly makes sense. maybe a breaking point might more accurately describe it. out of 1000 or so, however many there was people that were there, i would say 90% of these people were folks who would never go to a protest in the past, had not done it anytime this year. are the type of people that would go out and wave flags and raise hell. yet we see that there are some business owners at this same crushing breaking point. look back throughout the year, when we went into lockdown in march and april, there were pp

loans. there were options for business owners. there was some hope that the lockdown would be lifted soon but now we know that there is no money payable for these people. the governor and mayor have no interest, they have proven they have no interest in pushing and earnestly enacting a reopening as many governors have. governor desantis deserves a lot of credit. with that said these folks have no hope whatsoever and the question to them is, whether they go out of business now because the government is shutting them down or whether they fight until the end? unfortunately probably go out of business anyway. stuart: it is the arbitrary nature of the rules that are imposed. as i understand it, if you go, literally about a quarter of a mile up the road from the place where you were rallying last night, just go quarter of a mile up the road, the restaurants are open and allow inside restaurant. >> right. stuart: so a quarter of a mile to make a complete difference. you shut down one and the other stays open. makes no sense. >> that is why these bans are

just so silly and so stupid. i mean you accurately pointed out, literally a quarter mile up the road you're in a different zone and with a borough like staten island where 85% of people own cars, it is not even a second thought for them to you know, go to the next mace up the street if they still want to have a hamburger and a beer. that is why it is so fundamentally sad for these people. we heard to the owners last night, they have been making all the media rounds. these are people that are at their wits end. until we, maybe get the vaccine or until we get a new governor and a good mayor we're unfortunately going to see so many businesses with their backs against the wall acting out like this because they have no option b. stuart: thanks very much, joe borelli. pass along our very best wishes to all the people outside the bar last night and to mr. pest mr. pest -- presti too. back above 30,000 on the

dow. the s&p hit another record high. it is an intraday high. it doesn't classify as 29th end of trading high but they're up again. i have some big movers to show you. i will start with dollar general. that is down 2 1/2%. show me kroger please. that is down 5%. and show me, look at this, this is nasty, lands end down nearly 20%. there is a story on all of those stocks. if you own them check out the stories. how about apple, there were two iphone apps had the most downloads this year. what were they? susan: talk about zoom which is the most downloaded app of this covid year. kind of justifies what a stock has rallied some 600% so far in 2020. and then tiktok was number two. stuart: ask you a quick question about zoom. you get to zoom through an app on your iphone. susan: have you not been on a zoom call this year?

stuart: hold on a second. does that mean apple get as piece of what zoom charges? susan: if they charge anything, most zoom calls are free. but if you buy-in app subscription of zoom, you get a small cut. 15 to 30% commissions from the app store. stuart: apple gets something out of this. >> a little bit of something but zoom gets most of it. majority of zoom calls are free. you have to try it one time at least during the covid year. i will zoom you later on. number two, let's get back to the list, number two was tiktok. valued at $30 billion. that makes sense it is do downloaded. number three, disney plus, youtube, instagram. those are the top five free apps. when paid apps, pay to download it, number one, i haven't heard of this, definitely look at it, photo retouching tool, called touch-retouch. procreate pocket drawing app was number two. dark sky weather apps was number three for the paid side, right?

people use their phones for gaming. free multiplayer game called, among us, is the most downloaded free game on the planet this year. stuart: among us. susan: among us. even aoc is a fan of it. we saw her playing that in the fall. mind craft is the number one paid game downloaded on the app store. stuart: remind me to get involved, thank you very much. susan: at some point. stuart: an investigation is underway into the registration of dead people to vote in the senate races in georgia. we have details for you on that one. first i'm talking to the star of the netflix series, "meat eatter." it is all about hunting. turns out more of us are hunting because of the pandemic. more "varney" after this. ♪.

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♪. stuart: markets moving higher, look at that. the dow is up nearly 150 and we're's why. mitch mcconnell just said, quote, he sees a few hopeful signs toward as possible compromise on the virus aid bill. that helps the market. dow is at 30,032. get to the gun background checks. they did indeed see a real surge, just this cyber monday. how big of a surge did we

actually see? susan: up 65%. over 123,000 of these gun checks conducted in just one single day. so that suggests that gun sales continue to surge to records this year. it is not a one-to-one translation, meaning for every gun check that is a gun sold but we have seen 19 million background checks so far this year. so far seven million plus first-time gun buyers purchased a gun and firearm so far this year. stuart: as of now, there are seven million households with a gun that didn't have a gun a year ago. susan: 50% of them are female buyers actually. that's interesting, susan. thank you very much. hunting and figures licenses or permits are surging across the country. lauren, how big after surge of hunting permits and where? lauren: it is doubling in many

places. start with michigan. number of people requesting permits for first time or in five years because they haven't been hunting for a while, up 80% last year. that is across all demographics, including as susan noted with gun sales. it includes women as well as children. all because our lifestyle has changed. get off the screen into the solitude and safety of the great outdoors. plus hunting can be a source of food, right? maine saw a record for deer hunting permits. we saw notable increases also in idaho, nevada, wisconsin and vermont. fishing licenses up too particularly in louisiana. we're shifting what we do because of the pandemic and what we can do safely. stuart: you got it. thank you, lauren. sticking with the great outdoors, my next guest is the star of a successful netflix series called, "meateater." watch a little of it. >> i'm steve ronela. i live to hunt and hunt to live. >> that smells good, man. >> i will tell you something

about running around in the mountains looking for animals and doing primitive things and thinking primitive thoughts. you get hungry. stuart: yes, you do. steven rinella joins us right now. you are the star of the show. thank you for coming on the our show this morning. now you tell me why should all go traipsing around outside in the great outdoors just as winter is beginning? what is so great about it? >> well i don't want to tell you that you should do it but i want to tell you how to go about doing it if you feel so compelled. you know, like you guys were talking about a moment ago, with covid lockdowns, participation in the outdoors is going through the roof and, in honesty when i was working on this my colleagues, we were working on it before covid. one of those things that serendipitous, launching at a moment when many, many people are heading outside for the first time. this book is putting decades

worth of experience, not just of my own, but mountaineers, emergency room doctors, back country hunters, guides, taking all of that dumping into one easy to use manuel. >> is it a how too book, basically how to survive out there? >> well you know, it is called the "meat eater guide to wilderness survival. the bulge of the information how to be effective outdoors. whether a professional working outdoors, getting your kids closely involved with nature. how to go into the woods, into the mountains, into the wild to be effective chemical couldky person out there. if things were to go bad you wind up in a bad situation, this manuel has information to help deal with it. this helps you avoid any trial. it's a tech friendly guy, a lot of information about technical advancements, technology and devices that come about, almost

make it to get into the trouble in the woods you almost, come to the point where it is largely avoidable if you know how to take care of yourself, you know what to do before you go. stuart: the meat eater guide to wilderness skills and survival. steven, i will buy it and read it. i'm an outdoor fan myself. we'll see you soon. >> thank you very much. stuart: you got it. if you don't want to hunt for the meat you eat maybe you could try lab-grown meat. i pronounced that very carefully. lab-grown meat can you buy it now? susan: it is approved in singapore. might take some time to come here. it is developed by a firm called eat just. this is made to animal cells sourced through a biopsy after live animal. doesn't that sound so appetizing. the cells are grown in bio reactors and fed nutrients,

amino acids, carbohydrates, minerals, vitamins which grow the cells into meat. this process doesn't require the slaughter of any livestock. that provides what they call a safer, healthier and more sustainable meat product. also there are no antibiotics. it might be a little bit healthier as well. it doesn't sound as appetizing. why don't you get no meat, fake meat or beyond meat or impossible? stuart: lab-grown meat. way of the future. made in a lab. why not. susan: yum. stuart: republicans in california flipping congressional seats from democrat to republican. blue to red. now i want to know will we ever see a republican voted into statewide office in the formerly golden state? i have got somebody to answer that question. next though our appetite for big gas-guzzling cars still very strong despite what obama says. we'll bring you the story next.

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at 9:30 eastern time but it is like it now. you're at 30,058 on the dow, up 174. nice gain also for the s&p. nasdaq up about 60. a lot of green. tesla, they got an upgrade from goldman sachs. goldman thinks tesla will go up to $780 per share. while we're on the subject of cars, electric cars, gasoline, look at this, the average price of gallon of gas across our great country is 2 phone $16. if you're in missouri, it is much cheaper, $1.81 there. the golden state, california, $3.18 is the average price for a gallon of gas. we told you earlier this week about president obama slamming those who have an appetite for big cars. he wrote this in his memoir, quote, at the end of the day we americans loved our cheap gas and big cars more than we cared about the environment. come on in car expert mike caudill, live from dearborn,

michigan. i'm sorry to say, people really do love their big cars, don't they? >> good morning. stuart, thanks for having me on. thinking about big cars i was thinking about president obama's big mansion. it is one thing to be the leader of the free world. it is north thing to be the leader of the free market. friends stocks trending up today i wanted to show this to you, speaking of big trucks. this blue is near and deer to your heart. you're a f-150 owner. i'm here in dearborn michigan at the f-150 assembly plant. are cars still relevant? 44 years running the f-150 is america's best-selling truck. they have sold more than 700,000 f-series trucks this year. the next part of the equation trucks versus electric. this f-150 happens to be a high i had high bid. ford entering the ev space in 2021. they will have the first-ever

ford f-150 electric truck. so the the industry is moving in that direction, rightfully so. gas prices are cheap. consumers are still buying trucks and suvs. i quantity to show you a couple other vehicles before we move to the ford mach e, the electric mustang. this electric suv, this thing is stunning. general motors is looking to make a dent in the marketplace, new technology, ability to go off-road, to have great range with electrified suv. i will close it here. this is amazing, ford mustang mach -e. ford's first truly electric mustang, 340-mile range. $43,000, tax credit of $7500, reduces the price to $36,000, stuart. all about the f-150 for you my friend. stuart: i do like that color. thinking about it.

>> merry christmas. stuart: we have nestle. i don't know how you pronounce it in america. in england it used to be nestles. they're looking to tackle climate change. lauren, what are they doing? lauren: i just say nestle, i think that is right. that is my american version. the world's largest food company. they're investing a lot of money, 3 1/2 billion dollars over five years to tackle, climate change. they make nestle's crunch chocolate and. supporting farmers in regenerative agriculture. we've seen a range of industries from the automakers, to the food makers you listed, recently boosting their commitment to being green. we'll see more. you see the environmental focus of the incoming administration. some would say they're somewhat kissing up. stuart: thank you for the news on nestle. thanks a lot, lauren. nestle.

this is for you, i think, susan. prince harry connecting climate change to the virus pandemic. what is he saying? susan: that covid is what we get for messing with mother nature, like we brought it upon ourselves. listen to prince harry's rationale here. >> beginning of pandemic, almost as though mother nature is sentencing us to our rooms for bad behavior, to take a moment to think about what we've done. it is certainly reminded me as a husband, reminded all of us how interconnected we all are, not just as many people but through nature. susan: well he goes on to reprimand humanity for taking earth's natural resources for granted. he is a new father. he also admitted to his initial hesitation to have children, asking what is the point while climate change continues? he says when you become a father everything changes and you know is pondering climate change in his 14 million-dollar montecito, california home with his wife

meghan markle. stuart: when you become a father everything does change. he got one thing right. susan: oh, steady, susan. congressman sean duffy is here, tomi lahren and dan henninger as well. you get my take on the revolt. we don't want to be locked down any longer, thank you very much indeed. you're i i i i e this is 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.

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you have and help you enroll over the phone. plans with a zero dollar monthly plan premium are available in many areas. call now and we'll also send this free guide. humana, a more human way to healthcare. >> very bullish, stuart. and, you know, this really, this news on a stimulus, i think, has gotten the markets' attention. all the stimulus from the fed and the congress, bullish. >> transformation to normalcy is going to be a two or three-year vent, stu. >> peer-to-peer electronic cash system with the new narrative being pushed that it will restore value, driving up prices. >> it's not just the small business owners that are affects, it's the workers. the light's at the end of the tunnel, but with these democrat governors, we're digging a hole that's going to be hard for a lot of small businesses and workers to get out of. >> it's easier to capture the

grim percentage of, like, how many students are failing or leaving school, it's or hard orer to capture what parents are feeling. it's always better to be together. ♪ we weren't faking, and you shook me all night long. ♪ yeah, you -- stuart: just one shriek after another. >> that's the point. stuart: do our viewers, especially those on the west coast, want to be woken up at 8:00 in the morning with ac/dc -- >> yes. stuart: you like that? you explain, susan. [laughter] west virginia got a rally, folks -- we've got a rally,, folks. 3 1:01 -- 11:03, the tow is up 160, that's over a half percent, and you're with back above 30,000 right there. solid gain for the nasdaq and also for the s&p 500. if they keep on this track, you'll have record highs in both the nasdaq and the s&p. looking good. plenty of green.

now this. >> business owners across the country will be looking closely at staten island are, or new york. see this? 2,000 people turned out last night for an impromptu rally to support the bar owner who tried to keep his business going despite a shutdown order. he appeared on this program, and hours later he was arrested in handcuffs. that crowd over there, that spells reroll. revolt against arbitrary and shifting rules, revolt against rules that are not followed by the people who make those rules. and, by the way, we have another example of that. the mayor of austin, texas. first, he hosted a wedding for husband daughter with 20 people, twice the limit in his city. after the wedding he flew on a private gent9 with 8 people to vacation in mexico. while there, he taped a message for the folks back ohm in austin.

stay -- home in austin. stay home, he said. you back in austin, you stay home. he made the tape in cabo san lucas, mexico. incredible. i wonder how people will react to eric garcetti, mayor of los angeles, who last night imposed a citywide stay at home order. it's okay to demonstrate. yes, he did say it's okay to demonstrate. maybe there should be a few demonstrations of revolt. my point here is that businesses across the country are being shut down even though they are observing all the safety protocols. the vast majority are doing the right thing, but they're still being shut down and and ruined, and that's just not right. the protest on staten island last night was entirely peaceful, no riot, but it's a revolt just the same. and it's going to spread. hanukkah begins next week, christmas two weeks later, it's the holidays, and we're to be locked down, restricted and

ruined by incompetent and hypocritical leaders. i think not. the third hour of "varney & company" is about the begin. ♪ ♪ stuart: well, look who's here, that man there, sean duffy. i want to know what you say. i call that a revolt. you heard what i gotta say. staten staten island, i think that's a revolt. is that too strong? >> you're spot on. this is -- we have men and women, restaurant and bar owners who are fighting for their survival, and you have rules that'll come into place that actually the bar owners and the restaurants are following, but they can't survive this. they're going to lose their livelihoods, their jobs, their whole life investment is going to go away unless they can open up. and thank god we have bar owners, restaurant owners standing up and pushing back, and thank god thousands of people came out to say, you know

what? this is wrong. we're going to support small businesses in america. to think an american is led away in handcuffs for trying to support his family? where in the hell do we live? i don't get it. stuart: political. when you look around the country, the restrictions are being imposed largely by democrats. and it is largely democrats who are making these rules and then breaking those the rules. there's a political element here, and it's very clean cut. it's obvious. >> there is. and i don't know what to believe yet because we have -- if these politicians who you've mentioned are incompetent and i agree, if they really believe there's a risk given getting on an airplane and flying to cabo san lucas or going to outside dining, they wouldn't do those things if they were going to risk their lives or send their kids to school. they wouldn't do those things, but they are. so i don't think they actually believe that this is as big of a risk as they're selling to the public. that could be it.

or, stuart, they could be just trying to tamp down the economy so when joe biden comes in, he can have a pop from donald trump, and they're going to see it -- i don't know what it is, but this doesn't make sense, and the poorest americans, the businessmen and women of america, they're getting hit the hardest. stuart: i don't know whether you heard it, but at the top of the 10:00 hour i had another rant about remote learning. i'm saying flat out it does not work and shoulden end now. get the kids back in the classrooms. now, you have nine children, and i believe that some of them are in remote learning in your home. can i ask you how that's going? >> i didn't see that last hour, but i have watched your playlist coming in and out of the segment, and i want to see that outline, ac/dc, that was awesome. [laughter] yeah, i have nine kids, and i'm going to tell you what, we have all our kids in private school though our schools are closed. but several of them had exposures in class, so they had

to come back at home, and they were all home last year at the end of the school year. and it is really hard for parents especially when you have little kids trying to get them on zoom classes and try to help them with their math. it's really challenging especially when parents are trying to work. the kids don't excel, and the parents don't excel at work. and the problem with math, stuart, math builds on itself. and as these kids feel less confident, they feel further and further behind. our kids are losing. and if you look at china, there's almost 200 million chinese students that are in school right now. so what's the difference in american science versus chinese science? they know that their kids aren't at risk. they're teaching their kids math and science, and in america we're imposing some blm curriculum instead of teaching the fundamentals that our kids need to be successful in the global economy. stuart: i blame the teachers union in part for all this, but i've got one last question for you, sean. what do you think about president trump running again --

you know what's coming -- what do you think about president trump running again in 2024? >> well, i first have to see this election, stuart, but if that does happen, listen, i think president trump is going to win, and he has the hearts of so many americans, i think -- no one runs against president trump. if he's healthy, he's going to run, and i think he'll win in four years. stuart: got it. sean duffy, thanks for being with us, as usual, and we'll see you again soon. cheers. all right, we just -- look at that, let's see now, we've got, we've got the dow industrials up 176 points there. i'm not sure what we've got next. oh, college students say remote learning should cost less. some taking legal action. kristina partsinevelos live outside columbia university. kristina, what are they up to? >> reporter: well, you have the pandemic that is forcing a reckoning against price and value of higher tuition, but many universities just aren't meeting the demand which is why students here, about 1400 students here, stu, are threatening to withhold their

tuition for the following semester, arguing that fees are just too high. so they created a petition. the two major demands on that petition, first one is to lower the cost of i attendancely 10% and also to increase financial aid by 10%. there's a few other commands as well like -- demands like public safe few reform and not to come at the expense of worker or instructor pay. caught up with the student behind the petition to learn more about the rally against high fees. listen in. >> people need to be able to stay in school because we're going to one of the universities with the highest endowments in the country, one of the highest tuition rates in the country. we think that, like, it's unfair from the get go that they're charging this much. er respective of whether we're online or not. >> reporter: a similar situation happened at the university of chicago back in may where 200 students withheld tuition, and then the university of chicago decided they were going to freeze tuition. columbia university spoke to fox

business, they said they haven't increased their tuition for undergraduates, but they did freeze it. it still costs $50,920 for the academic 2021 year. so for many departmented students, that e -- indebted students, that's just not enough. a law firm said there's over 100 class action lawsuits arguing tuition's too high especially when you consider the quality isn't there. they're arguing that remote learning is just not up to par. but, unfortunately, many of those just haven't held up in court. back to you. stuart: all right, kristina, thank you very much, indeed. we're going to mix money and politics right now and bring in david nicklaus. david is with nicklaus wealth management x he's a market kind of guy. but david lives in atlanta, georgia, and i want to know the state of play in the georgia election for the two senate seats there because a lot -- the market depends heavily on the

results of those elections. what are you seeing? >> you know, stuart, yeah, if georgia were to lose these two senate seats, really all bets are off. it'll distort labor incentives, decrease productivity and kill jobs. there's a study i just read that said by 2030 if biden's tax policies can get passed in the senate, that that means 5 million fewer jobs, gdp declining by 2.6 trillion, consumption dropping by 1.5 trillion and median household income declining by almost are $6,000. president-elect biden said help is on the way. stuart, i haven't read five scarier words in a very long time because we know what works. it's free market, economic liberty, trust in god. that drives prosperity, not heavy-handed government aid disguised as aid. the situation on the ground is good, but it's not a slam dunk. we need everyone to get involved.

john ossoff is outspending the candidate at this point, they've knocked on over 300,000 doors. the work's there on the ground, but it's not a slam dunk. stuart: apart from the georgia elections, put that to one side, other than that, are you bullish about the stock market next year? just about everybody on wall street is bullish. we've got all kinds of forecasts for 10 or 15 or better percentage gain for next year. where do you stand? >> i don't want to be the one to bring coal for christmas, i am very bullish for the markets next year. we may have pulled forward a little bit of return given how good october and november were, or i mean, massive 10% increases, but i still feel that 2021 bodes well if we get a vaccine with the treatment, i think it could be a gangbuster year for the economy. stuart stuart we like the sound of that and we'll take it. david, thank you very much, indeed. see you again soon.

>> thank you stuart. stuart: we've got a big show for you. still to come we're talking to nashville resident tomi lahren. i want to know account tourist city -- can the tourist city survive with bars at half capacity and no tourists? quite a situation to be in. and several groups are under investigation for trying to register dead voters in georgia. i'll ask "the wall street journal"'s dan henninger about that. california voters rejecting liberal ideas, flipping congressional seats red. more on the are palin es in california next. -- the republicans in california. ♪ simultaneous release. ♪ she's my press he's i'm your priest, yeah. ♪

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♪ stuart: all right. the rally holds. we're up 150 on the dow, and there are some big movers. and susan's going to which can this many out. >> let's start with boeing, rally on the back of ryan air ordering 75 more 737 max jets taking the total orders of the plane to 210. that's a vote of confidence for the max jets which we know have been grounded, set to be back in the skies with american airlines. crowdstrike, probably best known for investigating the 2016 dnc server hack, fantastic earnings. analysts love it and say that the stock will go up to $200 or at least close to it. and then snowflake, high flying ipo unicorn that we talked about, still 100% plus growth is not bad. analysts think the stock will go back up. look at these price targets, higher from current levels.

and finally octa, helps you get into your company's software while you're at home and working in the cloud. reporting strong numbers. analysts like the stock as well and talk a look at these price target hikes. stuart: they are moving big. the price targets are even higher. republicans have flipped four house seats in california, amazing, all within the two-year period of gop chair jessica patterson since she took over. jessica joins us now. would you go so far as to say there is a red tide in california? >> what i would say is that you and i have been talking about the california comeback for about a year and a half now, and i hope we've made you a believer. we've seen not just congressional seats which was something that hadn't been done with incumbents since 1994, so that's really exciting. but we also won on the ideas, stu. we saw statewide propositions here that california republicans -- where we won on the ideas. there was proposition 15 which

would have been the largest property tax in the state's history. that failed. california democrats tried to bring back affirmative action a here in california. that failed. they've tried to attack independent contractors, we passed proposition 22 which allowed our gig economy workers to continue to work as independent contractors. we stopped no cash ball. there are -- bail. there are a lot of ideas that we won on here, and i think that's going to set us up for success in 2022. stuart: okay. i'm sure you saw what's happening in los angeles overnight. the mayor, eric garcetti, telling people, you know, stay at home order. he says literally cancel everything and stay at home. jessica, let me turn this around for a second. what would republicans do if they were in charge of los angeles? the case load was going up, hospitalization rate going up, they're swamped, what would republicans do? >> i think what republicans are looking to open up our economy,

make sure our kids are going back to school in a safe and responsible way. it is not enough for us to just be the part of no. we have to have solutions. and right now especially with our schools, our public schools, our children are falling behind. it is not fair that people like gavin newsom who have the means to send their children to private school are automobile to do that while we have -- able to do that while we have other children who are talking their school-issued computers and sitting out in front of taco bell because they need wi-fi. it's not working. it's hurting our economy and our future. stuart: you would not close down los angeles. >> i would not. stuart: okay. but you would open up the schools? >> absolutely. we need to open up our schools responsibly and safely. stuart: but what would the teachers union say? >> i think that california democrats with these orders that they're putting out and then their constant, you know, not

using those psalm policies for themselves -- same policies for themselves. we saw governor newsom dining at the french laundry, a couple of days later the mayor of san francisco dining at french laundry. just the other day we had a supervisor here in los angeles who, you know, had some very strong words about how unsafe it was to eat outdoors and then just a few hours later was caught eating outdoors in santa monica. you can't tell us that all of these things are unsafe and then do them yourself. let americans and californians make those calculated decisions on their own. stuart: i'm just interested to see when we're going to get serious pushback in california. it may have started. >> 2020 was about setting the table, 2022 is about bringing back balance to california, and we're going to do that with great statewide candidates. stuart: i'd love to see a statewide election of a republican in california in 2022. i'm not holding my breath, but

i'd love to see it. >> i'm going to make you a believer, stu. stuart: keep trying. >> thanks for having me. stuart: still in california, san francisco banning tobacco smoking inside apartments, but can you smoke makers lauren? marijuana, lauren? >> you cannot smoke a cigarette, you can light up a joint. you heard that correctly. the san francisco board of supervisors voting 10-1 to approve a new law that denies tobacco smokers from lighting up in their apartments but permits cannabis smokers to do so. here's the reason: secondhand smoke is dangerous, and there are other places where you can smoke cigarettes. the only legal place to smoke pot, inside one's own home. so the san francisco mayor still has to sign this legislation. if you're a repeat offender, you face a fine of $1,000 a day, but they cannot e victim you from your -- evict you from your apartment bidding. so enforcement's interesting,

but another -- i don't know the add jekyll ty here, law coming from san francisco. stuart: i lived in san francisco for the best part of four years, and it was pretty crazy then, but it's gotten worse now. all right, lauren, thank you. >> sure has. stuart: let me get out of this before i get into trouble here. the virus vaccine could, indeed,s help millions of people return to the office, but can employers make the shots mandatory? we've got a live report on that. and remember what new york's governor cuomo said about vaccines? watch this again. >> why is it moving so fast in two reasons, money and ego. you didn't need trump to tell the vaccine companies you should develop a vaccine. he had nothing to do with it. stuart: "wall street journal" guy dan henninger takes that on next. ♪ ♪ learn to live again. ♪ it's times like these --

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i remember when he high-fived everybody in the end zone. you want to play, come back here. [laughter] stuart: that was legendary football coach lou holtz. he'll join us live on the show tomorrow with his brand new medal. congratulations, lou holtz. now this, some employers could require their workers to take the vaccine in order to come back to work. let's go to aishah hasnie live in new york city. can workers really be fired if they refuse the vaccine? >> reporter: hey, good morning, stuart. that is the million dollar question, right? unfortunately, according to some legal experts, yeah, some folks

could lose their jobs if they decide to say no, and plenty of people are thinking about saying no. take a look at this, the most recent gallup poll reveals 42% of americans say they would not get a covid-19 vaccine. but employers may be able to require it. is here's why. in the past osha gave employers the authority to mandate that h3n1 vaccine. the only -- h1n1 vaccine. this time though, stuart, there is no federal guidance whatsoever for a covid vaccine. the labor department is not commenting yet, and the equal employment opportunity commission says it is still evaluating the whole situation. the idea though that your boss could fire you for i are fusing to get -- refusing to get a covid shot not sitting well with a lot of folks, and that's why an employment attorney thinks that companies should try to get ahead of this, avoid the mandate altogether and really start working on a plan to educate

their work force right now. >> companies will have to determine how to get creative in order to encourage people to take the vaccine and to meet any kind of objections that they may face. ultimately, there will probably be a number of legal challenges throughout the united states, and it will be very difficult for both employers and employees. >> reporter: and, stuart, all of this really has medical experts wondering, you know, what's the point of even creating a vaccine if people aren't going to get vaccinated in order to accomplish herd immunity in the united states. we'd need to immune nice about 60-70% of americans which could turn out to be quite a feat. stuart: it could, indeed. thank you very much, indeed. all right. take a look at this, it's a headline from the "wall street journal," and it reads: farmer deserves the nobel peace prize for the -- pharma deserves the nobel peace prize e for the vaccines. dan henninger joins us now. i don't think governor cuomo

would approve of that, would he? i'm just being sarcastic. make your case. >> well, you deserve to be sarcastic about governor cuomo. but the peace prize, indeed, stuart. look, we've been through this awful experience for ten months, and when it started, the world's political leadership turned to the epidemiologists and public health experts, and they said what should we do? they said based on our experience with the spanish flu, we should send our populations home and tell them to stay there which is what happened. but then when the political leadership turned to these same experts and said what do we do next, their answer was wait for a vaccine. in the interim, businesses have closed, people have gone bankrupt, people have died, and there has been no really good advice from anyone other than wait for a vaccine. well, now those vaccines is have arrived, and they're arriving because the men and women, the scientists at companies like pfizer, or moderna, johnson &

johnson, astrazeneca worked round the clock. these are highly intelligent, highly skilled scientists to develop these vaccines. and those people are the ones who i think, i'm arguing, are delivering the world from the chaos that we have been in for the last ten months. and so they deserve the nobel peace prize next year. stuart: good. i want to move on to a different subject. i think you know something about this. there are several groups including one towned by stacey abrams -- founded by stacy abrams, under investigation for trying to register out of state and even dead voters in georgia. what do you know about this, dan? >> well, we know that stacey abrams for years, she ran for governor in georgia two years ago, of course, has been doing a voter outreach project, and the democrats, i think, they basically have been very slovenly about how they go about

this. they want to bring anybody in, and they don't want to require them to be able to identify themselves very well at all. so there's just really no validation. very little validation in terms of the way they go about it. but the secretary of state there, brad rathensberger, is on to it. the republicans have sent platoons of lawyers down there to oversee this election. and so the fact that they are so well prepared, the republicans, well prepared ahead of this election rather than worrying about it afterwards, to me, is a very positive sign. it sounds like stacey abrams is basically sending out junk mail to everybody, the mailers say, living in georgia and hoping somehow it turns out votes for them. but it looks like the secretary of state knows what she is doing, and they're going to monitor it. i am less worried about it than i was back during the presidential election. stuart: good to hear. dan henninger, thank you very much, sir.

see you soon, got it. all right, let's get back to money and markets. plenty of green across your screen,'s dow's up 174, a quarter of a percentage gain for the s&p. businesses across the country are in revolt against these draconian lockdown rules. heather mcdonald says we cannot give in to fear. a hollywood actor mocking republicans ahead of the georgia runoff. watch this. >> for the senate race we are all going to write in donald trump in the write-in. write trump's name in the senate race. stuart: not sure i understand that, but tomi lahren knows all about it, and she's not happy. she's next. ♪

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janie, come here. check this out. let me see. she looks... kind of like me. yeah. that's because it's your grandma when she was your age. oh wow. that's...that's amazing. oh and she was on the debate team. yeah, that's probably why you're the debate queen. - mmhmm. - i'll take that. look at that smile. i have the same dimples as her. yeah. the same placements and everything. unbelievable.

stuart: the market appears to have been getting some help from mitch mcconnell, leader of the senate. he said e earlier today that the stimulus deal is within reach. is that the plot? >> that's what he says, hopeful signs for striking a coronavirus stimulus bill before the end of this year, so in the lame duck session before january 20th. look, it looks like this week at least there's, i guess there's a smaller divide between what the democrats want and what mitch mcconnell -- stuart: they've narrowed it. >> the $900 billion bipartisan senate bill that's trying to toe pushed, we heard from house speaker pelosi, and we know chuck schumer says it's okay now to go down from $2.4 trillion. and then we had mitch mcconnell saying a $500 billion with 300 in the bank might be in order. stuart: i think speaker pelosi's

in retreat because she lost the election. she's caved and come down -- >> yeah. $1.8 trillion, she said that's not enough, we're saying no, but after the election $900 billion is okay now. stuart: yeah, she's changed. [laughter] then we have the city of nashville limiting bars and restaurants to 50%, half capacity. they're trying to curb the spread of the virus. tomi lahren lives in nashville, tennessee. tomi, welcome back to the show. nashville depends on tourism, doesn't it? i mean, can they survive? can the city survive intact with these restrictions and no tourists? >> well, like much of the nation, it's the continual rug being pulled out from under bar and restaurant owners. and every time i'm on this show, stuart, i ask you and our democratic mayors and gloves around the country -- governors around the country what these curfews do to limit the virus.

it's now 10 p.m. last call for food and beverage, 11 p.m. curfew, now they have to go back to 50% capacity, and they are taking away our tourism dollars and the ability for these bars and restaurants to make a living x. it's going to have a real impact. don't forget, we also that had our plot taxes go up 34%. you can't keep piling on the restrictions and piling on the taxes. it doesn't work that way. stuart: look, we've been covering what happened in staten island last night. there was, i'm going to call it a revolt. a couple thousand people came out to protest the closing of the bar and the arresting of the bar owner. now, that's a revolt or, it's real pushback. with are you seeing any if pushback at all in nashville and the rest of tennessee? >> there are a few, but i think there are so many business owners who just want to follow the rules, they just want to fly under the radar and do their jobs, but it's getting harder and harder. i do new it's going to take some

of these bar owners, restaurant owners, business owners to stand up, stand firm and say, you know what? these restrictions are crushing us, and we're not going to comply anymore, and it might just take that in order for our leaders to understand the plight of the people. stuart: yeah, i think you're right. someone's got to say, look, this ain't working, folks. we're not going to be ruined by people who don't abide by the rules that they put in place. don't get me started. i want you to talk about these people in hollywood who are posing as republicans on social media telling people not to vote in the georgia senate race. look at this tweet from the walking dead actor daniel newman urging conservatives to either write in trump's name or boycott the vote. you know, if it was the other way around, if they mocked liberals, they'd be canceled. >> well, we know that this is really just textbook, liberal textbook, hollywood liberal especially. they look town on

conservatives -- down on conservatives, they think that we're stupid. somehow they think they're going to trick us or trick georgia voters into not voting or to writing trump's name in for a senate race. they think we're that stupid. i really think the joke is on that, stuart, because the more you poke us, the more you tell us we're stupid, deplorable, ignorant, rednecks, the more those georgia republicans are going to come out in force. so, hollywood, keep it up. you're making people very angry, and they're going to come to the polls and vote, and we're going the take that senate. stuart are you with still glad you left california for nashville? [laughter] >> oh, that is such an easy question, absolutely. for all the restrictions we have here, california's obviously in much worse shape. but i am glad to see so many restaurant owners, bar owners, business owners are standing up to the golf there and pointing out the hypocrisy. i'm really happy to see it in the astronaut of california. e coop it up -- state of california. keep it up. stuart: it is a revolt, and i think it's growing.

tomi lahren, we will be watching you on no interruption, available exclusively on fox nation. thanks for joining us, see you again soon. thank you. now, congresswoman alexandria ocasio-cortez is selling tax the rich sweatshirts. and i'm sure it's going to be at a rich price. lauren, how much is she charging? >> 57 if you include $9 shipping. she's a capitalist. stuart, she has online are site where she sells the sweatshirts, there it is, it's $58, then, like i said, $9 to ship it. she spent her career railing against capitalism. she even killed the job-creating amazon move to create a new york headquarters. but, you know, now she's selling expensive sweatshirts online. i guess capitalism is nice. stuart: do not think of that as a christmas present for me, okay, lauren?

just yet it straight. [laughter] just tax the rich has me a little worried. >> i think i might actually get you that. [laughter] stuart: no, no, continuement. [laughter] i'm going to -- don't. i'm going to show you a picture of a very young man. he rang the opening bell this morning. there he is. now, that guy is austin russell, and he is the' owe and founder, i think, of luminar. >> yes. stuart: first of all, you're going to express your surprise at such a young man being worth a billion dollars. >> i think this is one of our favorite stories of the day, 25 and worth a billion dollars. you know, he was 17 years old, he was a 17-year-old high school student when he cofounded luminar technologies. and what lie daughter does,es it measures distance in the environment for the self-driving cars to move, right is? so you know where to -- stuart: that's what it does? >> lidar technology is what they

make. stuart: okay. >> so it supplies a lot of the car companies of this world. but 17 years old, then he went on to stanford and, of course, accelerated this company. but, i mean -- [laughter] he's still young. he's such a prodigy, and we were thinking what would you do with a billion dollars at 25? stuart: what would you do? you're closer to 25 than i am. >> i'm just thinking, that's lot of freedom, and i'm sure he's finding himself with a lot of new friends all of a sudden. stuart: where's he based? >> in california, yeah. he went to stanford. we do know that elon musk says lidar isn't needed in self-driving, however, he made the argument that a lot of big car companies use it. stuart: you know what the first thing he should do is? >> what. stuart: leave california. oh, come on. he's 25. >> i don't with like paying more than 50, 60% in taxes. >> he's a prodigy.

the technology and the knowledge it pays. stuart: leave, mr. russell. please. florida open for business. yeah, come on in, mr. russell. and governor ron desantis thinks other states should follow. open up. watch this. >> in my view, everybody's essential. who is government to say that your job is not essential? i think it is essential. i think you have to let people earn a living, and it's really not even government's role to say who can pick and choose. stuart: heather mac donald says lockdowns are strangling our society, and she are join me next. ♪ ♪ keep on dancing tim the world ends -- til the world ends. ♪ if you feel it, let it happen, keep on dancing til the world ends ♪

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♪ ♪ stuart: let me read a rather pithy excerpt from an op-ed e in the spectator. i'll read it for you. it says:ed today we are strangling american society in order to avoid a risk of death so infinitesimal, roughly 0.001% for the majority of americans, that it would not have

registered in any possible cost benefit analysis. long sentence but really pithy, i think cowell agree. the author of that is heather mac donald, one of our favorite guests on the show, and she's back with us now. that's strong stuff, heather. strangling american society for an infinitesimally small risk of deathment make your case. >> well, the stay safe philosophy, stuart, is spirit-crushing, civilization-crushing, and it is one that if it had been embraced four centuries ago when the pilgrims were setting out to the new world, they never would have left. we never would have had an american country, we never would have had a thanksgiving to cancel four centuries later because we are now in the grips of an hysterical fear that is unconnected any rational fact. stay safe is not a way you

proceed. we are forgetting the need to balance risks and costs, to put risk in perspective, to consider other types of risks. and what we're doing now to american prosperity and american civilization is unprocess e dented -- unprecedented. i think it's going to take a very long time to recover from this ungrounded, you are -- irrational fear that is wiping out centuries of hard-won social and human capital. stuart: wow. strong stuff, indeed, heather. all morning long we've been showing our viewers scenes from staten island last night where there appeared to be an impromptu demonstration of support for the bar owner who was arrested and carried away in handcuffs because he dared to try to open up for business. do you approve of that kind of revolt? do you think it's going to spread and grow? >> i certainly hope it does. i find it amazing, thes docility

of the american public. the set of rules that are coming down from government authorities that are it orally ungrounded in science -- utterly ungrounded in science. it is nauseating to see the -- on the part of enforcers. there is no that justifies to wear a mask when you're outdoors, none. you cannot get infected when you're outdoors in passing, fleeting encounters. the circulating air simply disperses the viral dose to rates that are utterly undetectable even by science. there is no science to justify shutting down outdoor dining. they have no evidence for doing these things. they can't trace any outbreaks to outdoor dining -- stuart: heather, that is wonderful stuff, and i'm so sorry to cut it off short, but

i've got a hard break coming up. don't be a stranger, come bag soon because that was -- come back soon because that was dynamite. quick check of the market shows the gain is still there, more "varney" after this. ♪ ♪ all dressed up in black and white -- ♪ . . ok, just keep coloring there...

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stuart: two items of great importance. former national security advisor michael flynn will join "lou dobbs tonight." tune in, fox business, 5:00 p.m., 7:00 p.m. with lou dobbs. "friday feedback" tomorrow. come on in with varney viewers at fox business. com. we want to hear from you. time's up. neil, it's yours. neil: all right, stuart, thank you very, very much. the growing chorus for getting stimulus through or at least optimistic that some form could be done in a lame-duck session is bidding right now. we're just getting word that the u.s. house republican leader kevin mccarthy thinks the stakes are pretty good for getting something done in this session as unlikely that seemed a little more than 24 hours ago. this as we're getting word nancy pelosi and chuck schumer on board this being a starter, that is 908 billion-dollar measure here, at that republicans are on board with doing something kind of like it that does have broad-based