rv's, so much so much that it's navigating back order backlog. thank you, dagen mcdowell, james freeman, have a great weekend. james: you too, great to be here. maria: i will see you tonight and sunday on fox morning futures. there's dusty. varney & company begins right now. stuart: here is the good news, modernia will be shipping nearly 6 million doses in the vaccine in the immediate future if as highly expected it gets full approval today. more good news, a 900 billion-dollar covid aid package widely expected to pass today with money for businesses and individuals, all good but this is not. tax increases on the table in new york and california. these states have locked down for than others and are taking economic hit.

they are desperate for revenue. new york considering raising income taxes and considering stock trading tax and in new york city, a tax, you own in the city. in california, they are considering a wealth tax, much higher income tax rates for the wealthy. that's what they are considering there. these states are between a rock and a hard place. if they raise taxes, more people and businesses will leave. but they've hemorrhaging money as the lockdowns wreck their economies. on today's program all of the vaccine news good, all the tax and lockdown news, not good. varney & company is about to begin. ♪ ♪

[laughter] stuart: that's from way back, isn't it, the ramons? put us all on camera, please. we are looking at different today. will cain joins the show, along with ashley webster, susan and lauren out today. since we have will on the show -- >> altogether now. stuart: we want to know what you think about his performance. send us your comments on friday's feedback. we will read some of them, the nasty ones on the air at the end of the show. will: i was warned ahead of time that your musical knowledge was subpar. i love that band. stuart: the only reason was because they put it on the screen. start with money, record-breaking session for

stocks thursday and things looked pretty solid this morning. it's going to be a down about 18 points at the open today, but we've got another new high coming for the s&p and the nasdaq, that's at the opening bell. the vaccine if fully approved moderna will ship millions of vaccine doses starting immediately. the good news here is that this vaccine can be stored at refrigerated temperatures and not super cold, it is easier to distribute. uber has a special offer. 10 million free or subsidized for people who want to get vaccinated. the stock is up just a fraction. look at this. vice president pence and his wife got their shots about an hour ago, watch this, all went well.

>> you know, as christmas holiday approaches, this is always a season of hope. we gather here today at the end of a historic week to affirm to the american people that hope is on the way. stuart: i have to turn my head away when i see the jab go in or did go very smoothly this morning which brings us to moderna, assuming the vaccine gets full approval today, ashley, when do we start to get it? ashley: once that decision is made and you're absolutely right, stu, top officials of the fda, once they give approval, they are expected to release initial shipment of 6 million doses again with the pledge to prioritize frontline health workers and high-risk patients and that could happen today or at least over the next several days. we know that the moderna vaccine, 94% effective. it did not result in any major side effects in testing, but like the pfizer biontech, you

need two doses given over a period of several weeks, but unlike pfizer's vaccine, moderna's vaccine does not have to be kept in extremely cold temperatures, it can be kept at regular freezer temperatures and make it a lot easier to store and transport. stuart: that makes it much, much easier. millions on dozes on -- doses on the way soon. moderna stock has gone up like crazy this year. let's get to on your screens, bitcoin, 22,700 as we speak. david nicolás is with us. you deal with retail investors, do you recommend your investors that they buy bitcoin? david: you know, stuart, i do. you want to take it in moderation. i like 3 to 4% of assets.

the reason it's viewed well is credible alternative to currency. if you look at a company like mass mutual, they took 100 million of their general account this month, bought bitcoin. paypal is accepting bitcoin and square. since 2016 we have seen ten or more declines of 70% so i'm very long-term bullish on bitcoin but we could see short-term pressure given how well the price has done in the last few weeks. stuart: i will come back at you. have you recommended bitcoin at 20 to 22,000-dollar per coin to your investors now? david: i have in the past, yeah, but i've had clients that had weak hands and when the prices dropped, they we wanted to get out. right now even though it's up above 22,000, you want dollar cost average in and you will not

be able to time it, buy something today, forget about it. because long-term is going to do well, stuart, right now i'm telling my clients, 3 to 4% of your investment, it's time to get in. stuart: if you tell someone to sell, you better tell them to report the irs for capital gains purposes. remember that one. david. stuart: fever of ipo's straight up, do you feel like it's a bit like 1999? david: there's liquidity in the market. 3 trillion-dollar in stimulus that was passed and another trillion. this is why it's different from '99. a lot of companies that have been going public they have been established for many years. many years of revenues, balance sheets, successful earnings.

these aren't just brand-new unicorn companies. they may not be running a profit but they are coming in with much stronger footing than coming out of '98, '99. nothing to show. it's much different than '99. stuart: david nicholas, thank you for joining us. what better opportunity than asking him about bitcoin. do you know that your colleague, pete, he's bitcoin pete? will: one thing i like about pete is he's convicted. stuart: do you have bitcoin? peter: i texted a fund manager in dallas, the higher the price goes, the more people buy. it's fare of missing out.

i subscribe to the warren buffet philosophy,i don't invest in things that i do not understand. i do not understand bitcoin. stuart: smart guy. neither do i. we do have one significant earnings report that came out earlier this morning and that's from the garden, the parent of olive garden. it's a restaurant chain in a middle of a lockdown where indoor and outdoor dining is restricted in various parts heavily in the country, what happens to a restaurant chain's earnings, their renew was actually down 19% in the latest quarter and their same-store sales were down 20%. that's a picture of the impact on a restaurant chain of the covid outbreak, the stock is down 1.6%. now take a look at nike, they are going to report after the bell this afternoon, major company, as you walk up to the earnings report, the stock is virtually unchanged at $140 per

share. congress is moving towards helping small businesses and so is bar stools, watch this. >> i need to raise more money. whatever it is, i will get creative but once you are in our program, we will pay whatever you need, the necessities you need, the money you need to get through this thing and give you a fair chance to run your business. stuart: we will tell you more about the bar stool fund later this hour. it's been more than 3 weeks since los angeles decided to shut down outdoor dining, but cases are still exploding in southern california, do lockdowns really work, are they effective? we have the story, we will tell you next.

stuart: big question that many of you have been asking, do you have to get vaccinated to go back to work, before we answer the question, listen to what dr. fauci had to say about it, roll tape. doctor: what you're doing to see is there's some institutions that would have the right to and say, if you want to be working here, if you want to be in this situation, you have to get vaccinated. stuart: let's bring in congressman-elect and former white house physician dr. ronnie jackson. doctor, what do you think about this? should you have to get a vaccination in order to go to work or get on a plane or go on a cruise or go on the bus, mandatory vaccinations yes or no, what do you think? doctor: i absolutely not. i don't believe in any mandatory

vaccinations, it makes more sense for folks to get the vaccine. i'm going to get it and if you're elderly and have other underlying medical conditions, you should certainly get the vaccine. it could save your life but there's a large population where this virus is not going to have a devastating impact on your health and you are going to get sick for a few days if you need to get the disease from getting it and you will recover fine. i think that because of that, because of the nature of this virus that it should be a personal decision and i don't agree with the mandated vaccine -- >> stuart: i've got 5 grandchildren in massachusetts, school-aged kids, they cannot go to school unless they get a flu shot. that's mandatory there in that situation. if you really encourage people to take the vaccine, you'll get immunity much quicker. doctor: we should encourage people to get it but if you have a really valid reason or you are just oppose today this, you're

not a vaccine person, you do not want to get the vaccine, you should be able to not get the vaccine. there's plenty of people that want the vaccine. there's people chomping at the bit, lining up to get it. we don't have to overstep and force a lot of folks to get the vaccine that do not want to get it for one reason or another. stuart: i understand and i'm really very much on your side, i'm just thinking of the employer, the employer that wants people to come back to work, really needs them to come back to work but if they come back to work not vaccinated and get the virus, they then sue the employer and in the absence of liability protection, you have to do something for the employer here. doctor: i agree with you, that's what we need to do. we need to establish liability protection and that's one of the reasons that the stimulus has been held up for so long. the democrats are insistent that there's no liability protection for employers and we have to have that. if we want to get economy back up and running and be successful, we have to have the liability protection for the

employers and i understand the unique position that they are n believe me. there's trial lawyers lined up, a thousand deep everywhere, ready to sue the employers. i understand where they're coming from and they're in a bad position right now but i still i'm on the side of individual freedom and i still believe that we should have the individual freedom to decide for ourselves, you know, whether or not we want to get this vaccine. stuart: do you apply the standard of individual liberty and freedom to lockdowns? i ask because in california there's some doctors who are slamming the lockdowns in the state. 3 weeks ago they stopped outdoor dining in the los angeles area but covid numbers are exploding in southern california. it seems that lockdowns don't work, what's your point on that? doctor: i agree with you, 100%. i don't think it does. ic that some of the stuff that's going on right now, shutting down outdoor dining, there's no evidence to support that. it makes you wonder sometimes, i honestly wonder what's the goal of the left here, are they trying to eradicate the middle

class? i don't get it. they don't have the right to do that, to have shutdowns like that as well and we should have the freedom. if you're someone worried that you are going to get it and you don't want people doing outdoor dining, then you stay home. stuart: exactly. give me my opportunity to assess my own risk and protect the vulnerable people in my family. doctor, we are on the same page which is good news. thanks for joining us. appreciate it. merry christmas. doctor: thank you, merry christo you too. stuart: i want to bring in will and ash. now, ash is in florida, where they are open for business. will is from texas where i think they are pretty much open for business, so let's get a state of play. what's it like back home, ash, sorry, will you first? will: all right, i think this will tie into your beginning monologue, steve when you talked

about -- stu, when you talked to new york city. it's more open, stu, you're looking at my kids being able to play youth sports, the schools in new york city have committed to remote learning through the spring. so with businesses and youth sports in texas it's a better style of life for my family in the coming months. stuart: understood entirely, ashley, what about you? ashley: completely attitude in florida. i was out last night picking up some food and go to local diner and it's packed indoors, the outside patio is also extremely crowded and the tables are all socially distant, 6 feet apart but people are going about their business, the mexican restaurant, there was people outside waiting to get in. think about that scenario when you think about what's going on in new york and some of the

other cities in california. night and day comparison of what you have experienced firsthand. stuart: i have, ash, i'm in the middle of new york city as we speak and it does not feel like the holidays at all. it's rather depressing quite frankly because this city is just about shut down and there's still a ton on the streets, the restaurants are closed, they are trying to open outside, it's 30-degrees. you don't eat outside when it's 30-degrees. that's the situation around the country. florida open for business, a real buzz. new york city, depressing. texas, well, kind of on the cusp i'd say, will, but you're heading there. will: i'm heading there. texas is retaining individual spirit but not sacrificing who they are as individuals and i would like my family to do the same. stuart: i have no problem with keeping social distancing and wearing a mask and washing hands frequently. obey the rules and away you go, take your freedom.

thanks, gentlemen, we will have from more you later. we have the indicators back, dow is dead flat but look at the nasdaq, record high yesterday, moving up again at the opening bell this morning. we will take you to wall street after this. you know how i feel♪ [man: coughing] ♪ it's a new dawn, it's a new day... ♪ no matter how you got copd it's time to make a stand. ♪ ...and i'm feelin' good start a new day with trelegy. no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler

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stuart: 4 minutes for the opening of the market, modest amount of green, dow, nasdaq, s&p slightly higher. look who is here this friday morning, gary kaltbaum. i want to talk about 1999. i see all the speculative fever in ipos and does remind me 1999, how about you? gary: 100%. i have been outlining for 3 months and more crazy than i thought would happen. we are seeing don't even have companies going up five fold in a day or two. i think we have a few more

months and heck to pay. stuart: i can see how you might get sharp declines in these highly-speculative stocks but would that spill over into the rest of the market? i mean, would microsoft come down 5 or 10% if the facts should off? gary: yeah, i think the market will take a hit too. part of a market and the way the masses look at it is the sentiment and it's getting off the charts right now and so, yes, i think when it ends the whole market comes down. to what extent, i don't know. leave no doubt, noise is picking up in ways that i haven't seen in a very long time and dollar stocks moving to $5 overnight. i see one today was $2 yesterday, opening 15 today. i've never even heard of the company and they don't even have any sales, so just be very careful, don't be the last one in. stuart: okay, should i sell my microsoft or any other big-name

big-tech stock that i own? gary: not yet. they are acting fine. the bigger names are underperforming the nasdaq right now like microsoft and amazon but really no damage done on the downside and just remember, no matter what happens in the short run, if the company grows their earnings and sales going forward, the stock will do well and microsoft is definitively in that camp. stuart: would you buy bitcoin today? gary: no. [laughter] gary: look, i understand something that's on the move but i have a simple rule when i do investing, what does the company do, how much money do they make, what kind of sales do they have, what kind of demand is there and what kind of margins, i can't answer any of the questions to bitcoin. to me it's just a vehicle that people are jumping on. god bless them if they are making a lot of money. i stay away from it whether they go up or down. stuart: do you think we are old

to understand the companies that are coming in the market? gary: no. i'm a big believer in following the ipo market. in 10 years from now, the biggest winners will be from the ipos with great new technologies, with wonder drugs and inventions. when you are talking about bitcoin, what is it, i can't figure it out, i keep being told what it is but what's behind me -- to me it's just price movement. i don't own it. i wish i did 10 years ago. i'm jealous that i don't own it but i will others play that game. stuart: gary, would you hold on for a second and stay with us as we open the market. i need to get your comments on a couple of stocks that are opening. we are opening in about 30 seconds. as i always say you will see and hear bell ring and ten seconds after that, trading will begin. right now it is 9:29 and 40

seconds. we have 20 seconds before we start trading. they are clapping. when they clap, that's the indicator, the great one -- there you go. the bell -- [bell] stuart: you can see the bell. nasdaq on the right-hand side. in a few seconds we are up and running. let's see what we've got. not bad. dow is up 30 points, i call that pretty flat to get things going. that's a fractional gain there. the s&p 500 also on the upside but only just, i think. you have a gain of 3 points. .09%. it's the nasdaq that i'm interested in. home of the big techs, they have been doing extremely well recently. the nasdaq is at 12,800. i'm pretty sure that that is an intra-day high, up 40 points, that's one-third of 1%. those techs are doing well. we have fedex, they did report earnings, that came out early this morning.

look at that. the stock is down close to 3%. i would have thought, ashley, that fedex would have done very well. ashley: well, they have, they got better than expected profits and revenue, of course, as pandemic boosted higher volume in u.s. and international delivery packages. we expected. the average daily package was up 29% year over year to more than 12 million-dollar per package jumped 7%. the company did not give any forward citing continued uncertainty and said over the pandemic and that could be hurting the stock today, but it also did add it's ready to play role in distributing the vaccine in this quarter calling delivery network unparalleled but today down 3 and a half percent. stuart: gary kaltbaum, would you come in please? fedex will be shipping millions of doses of vaccines and i

thought it would be good for bottom line in next coming weeks and months. gary: their revenues were fantastic for this size company. fred smith is a genius. all that has happened here is so many people bought so many things before the holidays to get it done so that it wouldn't get late at the holidays and i just think things were pushed backwards. i have no problem with it. by the way, fedex has had great run over the last 6 months because of the pandemic, so the fact that it's down i think it's pretty normal and longer-term a great holding. stuart:ly take that any day. now question for will cain before we move on, have you been able to buy the sony play station? >> i have not. i have two bay -- boys 9 and 12 and we were told to wait until late spring. stuart: that was a setup. ashley, it has to be because of shortage of game console, right?

ashley: you would think that will cain could pull strings with sony. maybe that's the problem. the play station console incredibly popular, had record launch especially in japan where gaming has seen massive surge during the pandemic lockdowns but sales strong worldwide but there's this problem with shortages of the product. the ps5 by the way sony's biggest console ever, in november it beat the switch and x box series in the uk, console on top of the charts and also set sales records in europe. we know it's a popular product. by the way talking of sony, i want to mention this. the company is apparently shocked, industry analysts that it's pulling video game cyber punk 2077, it was launched a week ago, it's gotten widespread criticism because multitude of bugs and drops in performance,

not very good updates for sony and sony will give fully refunds. stuart: make sure you don't get cyber punk 2077, whatever it is. you kill that one right there. show me microsoft not just because i own a piece of it but because they were reported hacked in a bigger cyber-attack. malware pushed onto their system, is that right, ashley, by the russians? ashley: yes, yes, the finger is pointing at russian nation state hackers, you don't want malware to breach, it's being called remarkable for scope, sophistication and impact. microsoft says the wide-ranging hack is still ongoing causing moments of reckoning. it was through the breach of software company solar winds that was targeted at several u.s. government agencies but spread from there. the hackers were also able to infiltrate microsoft products and then they went after others.

it's not immediately clear, though, how many microsoft users have been affected by this is a big hack, no doubt. >> it's a big hack, but the stock is down 50 cents, a court -- quarter of 1%. gary kaltbaum. i am surprised that when you're a victim of major hack like this, your stock barely reacts 50 cents, how about you? gary: we have certain mottos in the market. when bad news is not sold off, it's actually good news for the stock. when good news is sold off, it's bad news for the stock. so this tells you everything that you need to know about the stock right now and the market itself. it's very forgiving and think about this. they went after homeland security, defense department, labor departments, we are talking some big stuff here so it just tells you the market is pretty darn strong here and that

will pass and by the way, this is actually good news for microsoft, it'll redouble efforts to make sure this doesn't happen again and they are in their board room going over it. stuart: i would not sell at this point. gary: i wouldn't. stuart: you would not or you would? gary: i would not sell. stuart: on your screen now, up 5%. ash, they must have done really well in this pandemic? ashley: they certainly did. they saw a profit in sales top expectations. more people taking to the open roads, stu, get behind the old bagel and there you go. renew up nearly 35% while revenue from the actual motor home division was up 42.7%, just over 322 million. i think it is a winner in the pandemic. people not going on long distance vacations, not really going anywhere but they are

attracted to the open road, go out and see a national park with a family. that is appealing. now i'm thinking it can be fun. stuart: especially with gas at $2 a gallon. will cain who has joined us this morning, department you take your family across the country? will: i did exactly this, ash. i did not take an rv. the demand was out of sight for the rv's and weren't able to get hands on one for a good price. that's in montana. we took an suv and stayed in places but i tell you this, ash, watch the second marks but the rem -- rentals, you can get your hands on a really nice rv only barely used. >> stuart: winnebago, pandemic winner.

thank you, will. thank you, ash. joe biden repeatedly denied any involvement in his son hunter's work. watch this again. >> how many times have you spoken to son on overseas dealings? >> i've never spoken to my son of overseas dealings. stuart: how do you explain text messaging from from exassociate. he's dining outdoor in the snow. you can be hearing from him if he's not frozen stiff. we will be back.

stuart: 12 minutes go into the trading session. how are we doing, not that good. down for the s&p, down 3, the nasdaq, though, slightly higher. i call that a mixed opening this friday morning. next, do you remember this? ♪ ♪ stuart: okay, the organ music when we thought a company would go out of business and we used to play it for best buy, we put best buy on the death watch list because we thought they were going to close, marshal cohen is with us, retail guy, turns out marshal that best buy is a pandemic winner, they have done incredibly well? is it just luck? >> no, it's not just luck. what happened is you have to realize retailers who were prepared for the digital world

of the pandemic really did a great job, they had already put curb side in play. you have stores like target also with curb side drive-thru, contactless, but the ability to execute on that, when online is growing, the last time we got together we talked about how online was leap frog forwarding, think about tech products growing and in a normal year that would have been 4 or 5%. there's the 3 times factor. and what's happening is retailers who have figured out how to offset big losses in stores through digital are the ones that are prospering. >> a lot of retailers are catering to work from home, work at home, educate at home, entertain at home, they've done well, but do they continue to do well when the pandemic and the lockdowns go away. >> very important question and one of the important things that we have to recognize, yes,

people will be going back to work, how many of them will still remain remote working, all right. schools certainly will go back to what we consider more normal, but, you know, businesses are right now today taking stock in how efficient they are with this remote learning and working and will they be able to carry that forward. so not all businesses are going to be back to 100% workload, so there will be the need to continue to work from home. stuart: do you think we will continue to see online selling, just completely dominate the retail market? this christmas, this holiday period, i think online is just -- it just dominates totally. will that change when the pandemic goes away? >> well, what we saw during the peak of the pandemic online business. we saw some of the industries growing at 40, even 45 to 50% and much has receded back and we are running at 20% level above

last year. so i would suspect that much of that will retain the 20% growth, not the 40% growth that we have been seeing so far and consumers of all ages and income levels are driving this growth. so this is not going to go away, the online growth, but it's not going to run at pandemic levels. stuart: real fast, marshal, if i was going to invest in any retailer it would be wal-mart, where am i going wrong with wal-mart? >> you're not going wrong with wal-mart, wal-mart has a lot of things right with room to grow. target has been operating on all cylinder, big retail is big opportunity. stuart: marshal cohen, thank you very much for being with us. always appreciate it and see you again soon. thank you. all right, will, how much of your shopping has been done

online? will: almost 100%. commercial real estate ventures, rentals for big companies will not come back? it's fascinating how many downtowns, manhattans will stay empty and at what percentage. bottom line is, yes, we are shopping online and i'm sad for small business that is will get the blow as well. stuart: it's a constant question, what will things look like when the pandemic and the lockdowns go away? it affects everything. i can't wrap my arms around it. i can't give a firm answer of what would be different when we come out of it. you can't get to grips with it. all right, we are going to move on. is that all right with you, yes, it is. get, jeff bezos under fire because thousands of his workers depend on food stamps, what's this all about, ash? ashley: yeah, well, apparently more than 4,000 warehouse workers of amazon depend on foods stamps to make ends meet in 9 states, according to data from new u.s. government accountability data this week. the report says that 70% of food

stamp recipients who work at amazon and other chain retailers like wal-mart work full-time, it's not because it's part-time work and bloomberg reported that wages for warehouse workers actually failed after new facilities opened for businesses in 68 counties. what is amazon saying, they responded by calling the claim absolutely false, adding addingt the company increased hourly wages in may to $15 an hour and also provides double overtime, so amazon saying, this story is not true. stuart: got it, ashley, thank you. new york is considering christmas lockdowns, exclamation points. the draconian lockdowns are sure to slow economic recovery. larry kudlow will offer his coming up later in the show. one business owner moved to tears after surprise from bar stool dave, you have to watch this. >> this is going to help --

thank you. stuart: all right. we will tell you about the bar stool fund which aims to help small businesses across the country. we will be back. ♪ ♪

♪ ♪ >> they are already on their last leg. the bar stool fund, modeled frankie borelli. his dad owns borelli's on long island. this is the business we are trying to save. >> this is going to help so much. thank you to bob, and my staff with their mortgages, families, you don't know how many people you're helping. stuart: all right, bar stool founder, he has been critical of the lockdown and launched the fund to help save some small businesses. will, how much money is this in

fund? will: half a million dollars, $500,000 for businesses that need help paying rent or taxes also businesses that have maintained full employment throughout the pandemic. you know, dave protnoy are putting actions behind words. the government is literally stealing one of our basic rights which is right to earn a living. he has in response to that now he is helping anybody that can apply to bar stool through e-mail. it's righteous things that bar sports tool is doing. dave protnoy, maybe he lacks manner, he loves sports. this is a man now, this is a company who is putting actions behind their words while the rest of the sports world requires you to maintain certain opinion, guys like dave and i

would suggest guys like drew brees did things to help people. maybe didn't give the opinions that everyone else wanted but actually lived a life of helping people. stuart: hat tipped to dave who has been a guest of the program before the pandemic. we showed you a video of a guy out in the snow drinking red wine, that's a queens restaurant owner dined outside during the storm. will, do you have any idea why he's doing it? will: he's doing what is shown from new york city lockdowns. he owns italian restaurant and what he did, he and his 3 employees, i believe, 3 or 4 employee who is are left set up a table outside in the middle of the snowstorm and had nice red wine, a little bit of food to show what governor cuomo and mayor de blasio have left for restaurants through this time sitting in the middle of the snowstorm as you can see there, outdoor dining. stuart: i guess you can call

that sarcasm, look what you have reduced me to. we see rocko. will: without a coat. stuart: tammy bruce, lawrence jones, steve hiltton, larry kudlow. the second hour of varney & company just ahead. ♪ ♪

♪ back-breaking, hard working, two more hours to go. stuart: it's not bad with. i'm not wild about billy joel, but it is an upbeat and lively song to kick off the 10:00 hour, so i guess i'll take it. no choice, right? of. [laughter] will: billy joel's always a win. stuart: moving on. it is almost 10:01 on the east coast of these united states of america. jam-packed show, tammy bruce, lawrence jones, kevin kramer, that's the 10:00 hour. the 11:00 hour, steve hilton, larry kudlow, tom homan all together. all right, check that market. when we opened 30 minutes ago, we hit all-time intraday highs for the three indicators, but now we've headed south.

the dow is now off 80 points, s&p down 12, nasdaq down 17. no specific reason for the selloff, it's not a heavy-duty selloff, but essentially we've alternative turned around -- essentially, we've turned around. and now. this we're about to see a climate presidency. green activists have already been installed on the new team, and they can get their way. they will control the energy and environmental bureaucracies. that means they could change the regulations, and that means they can change policy without a voting congress. for example, they can stop natural gas pipelines even though nat gas produces lower carbon missions. the greens don't like it. it is still a toes till fuel. -- fossil fuel. how are you heating your home this winter? watch out, because if you can't get supplied by a pipeline, the price goes up. they could change the rules on fracking, making it much more

difficult if not impossible to drill new wells. fracking is part of our energy independence. do we really want to give it up? they could change the rules on power plant emissions, they could change the rules on how we produce electricity, cut down on fossil fuels and hope we can fill the void with renewables. remember the blackouts in california because inwind and solar power just didn't come through? john kerry is back. he's biden's climate envoy. husband job is to get america back into the paris climate i awe cord. will be, that's the deal where we cut emissions but china doesn't have to do anything for another ten years. obama got us into the deal without a congressional vote, kerry could get us back in without a vote. how popular will a climate presidency actually be? we'll find out. energy prices are going to rise, supplies for american energy will be cut, we'll be asked to sacrifice, but we won't be able

to vote on many of the regulations that are coming right at us. but we will be able to vote in 2022. the second hour of "varney" is about to begin. ♪ ♪ stuart: she's back. friday morning, tammy bruce, big smile. there you go. do you think there really is that much support for climate mitigation? >> you know, all of us care about the environment. as a matter of fact, the united states has done better than france and other countries in the paris climate awe cord. accord. we care about animals, we care about our environment. we live in this environment. but what we don't like arrangements that do the opposite of what we're told they're going to do. you look at california, their regulations when it comes to

forest management set that state awe blaze because they don't allow anybody to go in there to clear forests out and to manage them. so what we're against, of course, are regulations and attitudes that cause more damage like, frankly, how the left has dealt with covid, right? lockdowns, masks even outdoors like in california, and they still are dealing with a massive upsurge because it's a virus and it's the winter time, and yet they do things despite the fact that they damage people's lives. like dealing with fossil fuels. you know, look, maybe they just really want to get back to the hammer and sickle, because without fossil fuels, we're going to be out there in the fields with suckles trying to deal with, you know, getting food for everyone. so this is the what we're against, our dumb ideas with, gestures, social gestures and deals that make china richer and freer and american citizens poorer and less free. stuart: it was na gas that

allowed america to reduce emissions more than any other industrial country in the world because we use our own -- >> that's right. stuart: -- gas. and i think we should remember that because restricting the supply of that, what are you going to do? you can't rely on renewables. the wind doesn't always blow, the sun doesn't always shine. >> well, that's it, and it doesn't make any sense. you have this -- and even with the wildfires in california, there is still this resistance, this refusal to acknowledge reality because it doesn't fit their narrative. but they also are interested -- these are all regulations, it's interesting, they will implement regulations that control what we can do and make our lives more miserable that we're sacrificing. donald trump has shown us, and this is the good news about the juxtaposition, that you can actually have, you can be freer, you can have more money. the future can return and you can do a good job as a shepherd of the planet when it comes to the cost of natural gas, of how

you get natural gas, how you get oil. we've seen that you can do it, and we with see that you don't are have to suffer. but the left suffering is part of the things they want to exact on people, and i think americans, we rejected it in '16, we rejected it in this year, and we're going to reject it again in 2022. stuart: sounds terrible, doesn't it, the left likes suffering. but, you know, sometimes you tell it how it is. >> yes. stuart: real fast, we've got the world health organization telling us we've got to wear masks and don't get together for christmas. [laughter] give me 20 seconds because it just doesn't seem like the holidays to me. hanukkah, christmas just doesn't like it's real this year. >> well, we just talked about what the left likes. they like suffering, they like some level of pain because that gives them more control oaf you. why would -- over you. why would we listen to an entity that we know disled the world as

the virus was moving around the planet? why would we do that? we also know they flip floiped on a number of issues including they say lockdowns don't work, and now with the masks. we see again california. you look at kristi noem in south dakota who's had no mask mandate, and her state is fine. you've got california, mask mandate and lockdowns, and they're on fire again. stuart: all right, tammy, thank you very much, indeed. can i wish you a merry christmas? well, i will anyway. [laughter] >> and please do. merry christmas to everyone. stuart: you got it. right. let me bring in will. what's this about dr. fauci now blaming the american independent spirit for the spread of the virus? will: very little tolerance for this line of critique. this is what dr. fauci told the washington postthis week. he said that the independent spirit of the united states and its people not wanting to come i ply with public health measures has certainly hurt us a bit. you know, previously he said americans should set aside that

independent spirit and do what their told. this is, quite simply, who we are. one of the reasons i like talking to you, you're an immigrant to the united states, and that gives you unique perspective in appreciating who we are. we are individualists. we have a spirit of independence. it's the reason that we put a man on the moon, why we pushed west as pioneers across this country, why we start or small businesses and take on risk. this is, quite simply, who we are. if you start indicting our spirit to the core, you're not going to get a willing listener on the other end. stuart: i think you might be quite popular on this program. watch out, lad, there's a job for you. [laughter] all right. let's get to bitcoin, why not? it's had quite a run recently. it's hovering still very close to record levels, 22,5 is your price right now. i want to bring in jonathan hoenig who i always think of as a classic libertarian and a man who should be really getting himself right behind bitcoin. are you right behind bitcoin, jonathan hoenig? >> well, i own one bitcoin, and

it's been an astounding asset for me this year, stuart. but currency can't change a culture, it can make people a lot of money in a short period of time. think about it, bitcoin is up 25% in five days. of it's up about 215% just this year and 500% over the last two years. hard to find a lot of assets that have done so well, especially assets that at least for now have really no use, at least use as a currency. the old saying if it looks like a duck, talks like a duck can, walks like a duck, it is a duck, and in this case i do think bitcoin is a bubble. i remember pets.com, i even remember cisco back in the late 1990s, hope that someone ls comes along to buy it at a higher price. stuart: if you're looking for a hedge against inflation or uncertainty, you would go to gold as opposed to bitcoin, right? >> i think a rising tide lift

ares all boats. one of the big themes we've seen in the last couple weeks is the outperformance of bitcoin, hard assets, the weak dollar. but when i look at bitcoin, it almost reminds me of something like, let's say bandwidth back in the late 1990s. that used to be valuable, that used to be traded,s now it's free. block chain, that is the technology behind bitcoin, i think it's going to be very successful, very widespread, very ubiquitous. here's how i'd play it. if you're bullish on bitcoin, buy bitcoin, but don't buy it on the way down. don't add another every time it goes down add more and more and more because the trend is telling you you're on the wrong track. stuart, the fact that it's at an all-time high lends credence to the pact that it's going to make -- fact that it's going to make another all-time high probably later today. stuart: i always have a hard

time buying something that's going straight up and spiking. it takes a strong stomach -- >> it's never buying the high, you could have bought pents.com at -- pets.commen a high, but as long as you don't keep adding on the way down. losers average losers, think about that the next time you want to buy a stock that you're already down 20%, psalm thing with -- same thing with bitcoin as well. stuart: you're right, jonathan -- >> been there. stuart: jonathan hoenig, happy holidays to you. >> morally christmas, sir. stuart: -- merry christmas, sir. stuart: want to show you fedex, stock down 4.5%, $13 down, 279 is your price, even though their revenue came in strong, their profits were very strong, they're playing well during the pandemic, but the stock is down. not sure i can understand that or explain it, but i'm telling you fedex down despite some very good results. and then we have mow e derna,

their covid vaccine very likely to get full f darks approval -- fda approval today. they're going to ship out nearly 6 million doses with more on the way in the immediate future. stock is down 4.8%, but then again, it's had a terrific run already are. pfizer, they've applied for vaccine approval in japan. currently it's in use in both america and britain. stock down a fraction. johnson & johnson, they're beginning their first late-stage covid vaccine trial, they expect results by late january. the news here is that johnson & johnson has a one-shot vaccine unlike moderna and pfizer which are two shots, j&j one shot. stock's done well recently, down a fraction today. i want to know why regeneron is moving, because it is. still not bad, $8 higher, what's the story, ash? ashley: well, i can tell you why, it says its covid-19 antibody cocktail effectively reduced viral load, it says, and

reduced the need for medical visits. that data from the a clinical trial has been published in the new england journal of medicine. the trial going on or ongoing, i should say, but the stock itself just making modest gains on the news. when we're look at movers, scholastic, that's the publisher of educational books, not great. saw profits and revenue fall well below forecast. of the company also not providing a 2021 outlook. the stock's up 13%, says there's still lots of uncertainty over the impact of covid-19, of course, on school instruction and schedules, the stock itself down with over 40% on the year, getting killed today. stuart: i never thought a company like that would suffer so much because of home schooling and virtual learning, but it's down 13% today. thanks, ash. stuart: here's what's coming up for you, tom homan says joe biden has put the criminal cartels back in business in central america. i'm going to ask him about that. in california, a recall push

against governor newsom is getting a lot of steam. plus, there's no way around it, with the mass exodus, draconian lockdowns and growing virus cases, california is in big, big trouble. californian himself, steve hilton, he's on the show to talk about it. disney executive chair bob iger has reportedly expressed interest in becoming our ambassador to china. disney, one of the most successful companies in china. does this present a conflict of interest? we'll get into it. ♪ new projects means new project managers.

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stuart: on your screen, microsoft down a couple of bucks, that's 1.

it was one of the companies hit by hackers during that a massive cyber attack. ashley, do we have new idea how this happened? ashley: well, this is the main suspect, russian nation-state hackers. they're the ones who everyone's pointing the finger at. they a managed to breach software company solarwinds, they got in through that. the hack was initially targeting several u.s. government agencies, homeland security among them, but the breach is being called remarkable for its scope, sophistication and impact. microsoft says the wide-ranging hack is still ongoing, calling it a moment of reckoning. hackers were able to get into microsoft products and then go after others though it's still not clear how many microsoft users have been affected, but the scope and size of this hack is very worrying, indeed, stu. stuart: surprising the stock is only down less than 1% now.

holding at 270. that's microsoft. all right. now, the fed has released a new prom for the banks in the -- proposal for the banks in the event of a computer attack. i really want my bank account protected, and maybe the fed's going to do it. edward, what does thed the want the banks to do? >> the federal reserve and fdic just announcing the proposal that would president put in writing the requirement that banks alerting regulators in the vent of a hack, requiring that the announcement be with made promptly after that hack so there's no time that lapses. this comes on the heels of the solarwinds hack where bad actors got into departments across the government. i can tell you the federal reserve was also a client of solarwinds, and part of the federal reserve system used that software on its computers. when the hackers got in to solarwinds, they had access to wherever that company had access which meant part of the federal reserve. now, this new proposal is meant to provide agencies with an early warning of a security

incident, also requires that service providers notify banking regulators that they were hackled. that would include solarwinds. stu? stuart: got it, thank you very much, indeed. there are reports that disney's chief executive bob iger would at least be interested in serving as america'sword to china. gore -- ambassador to china. gordon chang is with us. gordon, what are your thoughts on the possibility of disney's chief becoming our ambassador in beijing? >> this would not be good for the u.s.. now, i have the greatest respect for bob eyeing or. he's one of the -- iger. he's one of the most capable people on the planet. the problem is how beijing would view this. beijing would believe that they could manipulate the american political system to determine outcomes, get outcomes that they want because iger would be someone who would be friendly. also there are some other picks that i think would encourage beijing to think that way. this is going to be very difficult. we know that the chinese elite

right now are are very arrogant. they believe they can do whatever they want with an incoming biden administration. i'm not saying they're right, stu, but that's the way they're thinking. so we should not have an ambassador pick that reinforcing this belligerence on the part of the chinese political system right now. stuart: gordon, aye got a nasty feeling that china is winning. their economy is growing, they're probably the only major country to see economic in 2020. their exports are really doing extremely welcoming over to america. it seems like -- well coming over to america, it seems like they are ahead of the game and we are not. how do you see that? >> i agree with you that right now it doesn't look good for us because china has been able to do surgeon things. but we've -- certain things. but we've got to remember, stu, that in china right now we know about what's going on in the country largely from propaganda sources, communist party central government media, and now we also know that that media is

very much more propagandistic than it was in the past. we're basically going back to cultural revolution type stuff. so it's are hard to figure out what's going on. for instance, those economy numbers, i think, are actually duh verging and farther from reality than they were, let's say, two or three years ago. so, yes, it looks that way, but we've got to understand that it very well may not be true. stuart: good lord, gordon, are we really going back, in china, going back to those awful days of the early 1970s? >> yeah, i actually think so because you have china is no longer author thetarian. it's -- authoritarian. it's not quite totalitarian yet, but xi jinping is imposing social controls that we have not seen, you know, since the 1960s or so. also he's moving state enterprises back to the center of the chinese economy, he's closing off avenues for foreign influence, he's reducing opportunities for foreign companies and even for domestic

private entrepreneur. the language coming out of beijing is reminiscent of what we heard before. they're not there yet, but they're moving there very fast, stu, because the direction is clear. stuart: heaven knows what joe biden's going to do about this. gordon chang, keep coming back to us, please. you've got a good subject to talk about. gordon chang, thanks. >> thanks, stu. stuart: now we hear that the u.s. is blacklisting dozens of chinese if firms, blacklisting. i'm not sure -- does that mean if you blacklist the company, you can't trade its stock on the exchanges here? ashley: yep yes, you can't invest or do business. by the way, smic, that's china's top chipmaker, is now on that lust. in total, the united states expected to add around 80 additional companies and affiliates to the so-called entity list. nearly all of them are chinese. the designations by the commerce department are expected to name some chinese companies that

washington says have ties to the chinese military as well as some involved in alleged human rights violations. and by the way, the defense department added smic to a blacklist effectively bang, as we say, next year. stuart: coming up, tom cruise takes an early christmas break after his two explosive covid rants. yeah, we're going to follow up on this one. it's christmas, i'm going to share a little christmas spirit with all of you. i hope i -- oh, look at that. i hope i don't regreat this. ♪ god rest ye merry gentlemen, let nothing you dismay -- ♪ remember christ the angel was born on christmas day ♪ to support a strong immune system,

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debut getting put into the s&p 500 as of monday. i think it's midnight tonight, then monday morning we open the trading. this will mean a lot of stocks got moved around because a fund manager who tracks the s&p 500 will have to buy the stock to put it into their fund. watch it go. $669 a share as we speak, that's a 2% gain today. winnebago, all right, sales up 35%, strong consumer demand, no surprise, and the stock is up 6%. darden, the restaurant chain, hit hard by new restaurant restrictions as you might expect, same-store sales down 20%, the stock dead flat, almost completely unchanged. republican kevin kramer, governor from north dakota, welcome back, you're doing well. we haven't seen you for a while,

welcome back. north dakota had a very hard time over recent months with the virus. you got hit really hard. do you have enough supplies of the vaccine? >> i think that we do, stu, and, of course, there's another one coming, which is good. north dakota's sort of over the peak and back on the downside, in fact, i new we've been reduced quite a ways in the hire around key, if you will, of affected states, and there seems to be a lot of relief now in terms of hospital beds, work force availability. hopefully, we can keep that trend going. stuart: will you state -- i'm not going to stay it stay -- say it stayed open, but people will say you paid the price, you opened up and the case load went up sharply. they'll say that. >> well, certainly they can say that, but here i live in washington, d.c. where they've had the strongest restrictions everywhere in the country and spiking right now. it seems to me the cause and effect doesn't quite line up the way people might think. the other thing i would point to

is while even if that is the case, at least we ea -- we remained free, more people were working than being unemployed, and people's mental health a lot stronger when they're working and when they're with other people. i do wish we could get back to having our schools open again because i think that's been, along with restaurants, that's been one of the more egregious responses by leaders. stuart: how's north dakota going to do if i'm right and the incoming presidency is a climate presidency? you're a natural resources state. you do a lot of oil drilling, you do a lot of fracking. are you going to do okay? >> well, we also mine a lot of coal, and we also do a lot of farming, and all of those things are big energy users as well as energy producers, and they're very important to our economy. we will be in a bit of a brawl, i don't think there's any question. when you look at mr. reagan, the person who's been tapped to head up epa, this is a person who in north carolina sued the waters

of the u.s. rule, stopped a natural gas pipeline from delivering that wonderful fuel source to people, overstepping his legal boundaries. in the case of the department of interior now with representative holland that's been tapped for that, this is a person that's all in on the green new deal. i don't have to tell very many north dakotans what the negative ramifications of that would be. we're going to have to stand our ground and fight the fought. stuart: you better hope9 that the republicans win the two senate seats available in georgia -- >> that's a fact. stuart: because if the senate goes democrat, north dakota's in the real trouble with its green new deal and all the rest of it. last 30 seconds to you, senator. >> what i would say is at the very least, and certainly i'm with you. we need to win at least one if not both of those seats in georgia to be the firewall. at the very least, we've confirmed many good conservative justices and judges who think and understand that the constitution is to be interpreted, not to be the rewritten, and we are in a

better situation, stu, if we have to litigate against this administration like with previous administration. so there's always a firewall somewhere. stuart: okay. mr. senator, merry christmas, good to see you back on the show. >> merry christmas, thanks, stu. stuart: sure thing. all right. let's get back to joe biden because he has finally answered a question about his son hunter. here's what he told stephen colbert. roll tape. >> i have -- we have great confidence in our son. i am not concerned about any accusations made against him. it's used to get to me. i think it's cupid of foul -- kind of foul play. stuart: will cane is with us this morning, and he's been following the story more closely than i. will: it's foul play to question whether or not the incoming president-elect's son has tied to an add very sauer government in china? it is not foul play to inquire

into those stories. you know what is foul play? to suppress that story so that the american public has very little idea it even exists. some 30% of americans still believe that story is a partisan attack. i'll tell you one word about that story, it is true. "the new york post" has been vindicated. we know that because the fbi and the department of justice are investigating hunter biden. stuart: it amounts to an enormous cloud hovering over the incoming administration, because this thing is not going to go away. >> no. this investigation is not going to go away, so the story should not go away. the corporate institutionalized mainstream press will do their best to make it go away. stuart: you're right about that, guaranteed. thanks, will. we've got an electric vehicle start-up that is -- there it is -- just showed off its new vehicle. just ahead of the debut of its stock on the nasdaq. ashley's here to tell me all about that -- the vehicle which i can't -- oh, there it is. all right, tell me many all about it. ashley: yeah. whiled you debut it in the dark?

anyway, electric vehicle start-up canoe unveiled a new delivery van, as you can see, to give investors an idea of what it does. they're going to go public next week on the nasdaq. the futuristic looking van is known as a multipurpose delivery vehicle. it's designed for everything from last mile deliveries to food trucks. the california company says the price of that expected to start around $33,000, but you're going to have to wait. actual production targeted to gun in 2022 and ramp up in 2023. there they go, round and around and around. stuart: they're only going to use it on the night shift, that's why they debut -- [laughter] very simple, ash, i tell you -- ashley: okay, got it. stuart: early voting underway in the georgia runoff elections which will determine the balance of power in the senate. we've got a live report for you. lockdowns continue into the holidays, ouch. does that slow the economy? i'll ask top white house

economist larry kudlow. he's on the show in the 11:00 hour. ♪ ♪ i am in misery. ♪ there ain't nobody who can comfort he many. ♪ comfort .

♪ stuart: still plenty of red ink. we are one with hour and eleven minutes into the friday morning trading session. the dow's down almost exactly half a percentage point and same for the s&p, a fractional loss though for the nasdaq. take a look at google. the company's getting hit with pulse billion antitrust -- multiple antitrust lawsuits. ash, how many suits from how many states? ashley: well, at last count, 38 states, 3 lawsuits. google accused of monopolizing the internet search market by using anticompetitive contracts and conduct. an a antitrust lawsuit joined by 38 statements claiming bag to --

states claiming google forces businesses to use its doing tools basically depriving consumers of choices. the states want the u.s. district court in washington, d.c. to order actions that prevent google for what they say harming competition. another state case focusing on google's digital advertising practices has been filed wednesday in a texas federal court. now, all of these lawsuits google calls them all deeply flawed, but there's no doubt that the, they're getting surrounded a little bit by states and the attorney generals who say your business practices are, well, they violate antitrust law. be interesting to see how it plays out. stuart: o, i'll tell you how it's going to play out, the lawyers are going to make a fortune. [laughter] it'll go on for a decade. of course we have will cane with us today -- will cain who is a recovering lawyer -- [laughter] stay right there, sir. questions remain, however, on how joe biden's going to handle

big tech. hillary vaughn louvre in wilmington, delaware, how will biden handle big it can in. >> reporter: stuart, biden has not supported a breakup of big tech companies, he dud not support senator warren's plan to do that during the campaign, but he's also not a fan of silicon valley tubes either. in an interview with the new york times editorial board last year, biden reminisced about a meeting he had with silicon valley execs, he call one of them a creep, but he also had words about facebook's founder. >> i've never been a big zuckerberg fan. he knows better. some of the things that are going on are simply wrong and require are government regulation. >> reporter: the ball was already rolling on that for biden. federal lawsuits are pending against big tech like facebook and google, and those will still be underway unless biden pushes

his doj and ftc to dismiss them, and that's a legitimate concern. 33 antitrust groups wrote to transition team asking them not to bring on ex-tech executives onboard writing this: the time to rein in power is now, however, we can only bring companies to account if you do not rely on affiliates of these very companies to make up your government. but biden is not listening. the co-chair of his transition is a former facebook member, apple's former lead lobby u.s. is a top adviser for biden, and twitter's public policy minute is also on the team. they've also benefited from millions of dollars in campaign cash from big tech. in fact, facebook's cofounder and google's former executive ceo founded a super pac that dumped millions of dollars into an effort to boost biden during the campaign. stuart? stuart: got it. all right, hillary, thank you.

let's now head over to georgia. here's a number for you, over a million people have already cast votes in the senate runoffs. fox news' jonathan serrie is in smyrna, georgia. does that include a lot of newly -- new voters, newly-registered voters? >> reporter: it does, indeed. you know what? i'm going to be in smyrna this afternoon for a rally, but as you can see i'm still in atlanta, so i just wanted to point that out. according to an updated voter registration list obtained by the "atlanta journal-constitution", nearly 76,000 new voters have registered during the roughly two month period between the registration deadline for theelection in november and the deadline to rote in the senate runoffs coming up -- vote in the senate runoffs coming up in january. these new voters are, quote, overwhelmingly young with 56% of them under 35 years old. some are new georgia residents. others just turned 18. none has a voting record in the

state. because younger voters tend to favor democrats, the influx of new registrants under 35 could potentially help raphael warnock and jon ossoff in a state that joe biden won by just over 12,000 votesful early in the election cycle, some liberal activists called on supporters to move to georgia to vote in the runoffs. that prompted warnings from state elections officials anyone registering to rote in georgia must have the intention of -- vote in georgia must have the intention of staying in georgia x those who game the system face up to ten years in prison. however, state officials maintain there is no evidence of wide scale voting fraud, and according to the "atlanta journal-constitution" analysis e the rate of new voters who registered is roughly give lent to what you would see in other two month periods over the past two years. democrats have been very active in recruiting new voters in the state, but republicans are also adopting strategies from the democrats' playbook. there are now encouraging their supporters to vote early or cast absentee ballots for senators

david perdue and kelly loeffler, and both parties are reminding their supporters that the outcome of these two runoffs in january here in georgia will determine the balance of power in the u.s. senate. stuart? stuart: jonathan serrie in atlanta, it is, indeed, a very big deal. [laughter] thank you. good stuff, jonathan. >> reporter: my pleasure. stuart: all right, next cause. we have been to the border all week long. former i.c.e. director tom homan is coming own the show. i want to know what happens on january 20th when the caravans start to arrive on our border. what are e going to do? more campus lewin su. -- lunacy. tulane university, what is that all about? we will try to tell you. ♪ ♪ [ sigh ] not gonna happen.

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independence with peace of mind. call to receive $1,000 off your kohler walk-in bath. and right now we're offering no payments for 18 months. stuart: on your screens right now, pictures of 17 names who have been pickedded to serve in joe biden's incoming cabinet. that is a picture of diversity, that really what america looks like, isn't it?

and they're slcted for their diversity. lawrence jones is with us. i've always wanted to ask hum, what do you think of a picture of the cabinet that looks like america, it's diverse. is that a good thing? >> i mean, i guess. i mean -- [laughter] stuart: what do you mean you guess? [laughter] >> it's a good picture. i'm really not concerned about pictures though, brother. i want great policies that are going to be best for america and best for the next generation. and so they can have as many firsts as they want. at the end of the day, i want to make sure that they're going to be governing appropriately. and i think there's been such an emphasis on how these people look instead of their backgrounds. stuart: so you don't have much confidence in this incoming cabinet? whose side are you, -- are you on, lawrence? >> i'm on the people's side. when donald trump got elected, i was willing to give him a shot

and see how he was going to govern. i'm willing to give the biden administration a shot as well. but again, i'm going to be examining how these cabinet members govern themselves, and right now it seems a lot of the same old washington-style politics where these people are well connected. these were people that once served in government that became big lobbiests, and so i'm going to be watching to make sure these deals aren't benefiting the big guys and not the little guys. but we'll see. it's identity to be determined. stuart: lawrence, hold on for us for one second, will you in i'm going to get back to you. students at the university of oregon trying to get rid of campus republicans. will cain has the story. will: yeah. there are so many of these stories. this is the university of oregon where college republicans are are attempting to be de-platformed by some student activists this because there was a picture of college republicans attending a stop the steal rally. this is just another case in the pursuit of never encountering

disagreement when you're on a college campus. i'mgoing -- i'm going to give you that story plus from the university of tulane where they're going to be offering a course in feminism post-trump presidency. i'm not sure what this adds up to. it says because of trump's reign, i'm quoting, the course will cover kavanaugh hearings, amy coney barrett and ivanka, among others, which has led to a more robust feminism in the wake of president trump. you won't encourage or encounter disagreement, but you will encounter this on college campuses. stuart: i would not pay for any of my children to go to that course, and that's a fact. but let's bring back lawrence are jones. socialism, we're facing socialism today here, in my opinion, because of what's going on in these colleges. where am i going wrong? >> well, brother, when you first started bringing me on, as you know, i used to run campus reform. and seeing what happens on these college campuses is a big threat

to the country. and it's not just on the college campuses now. you've got a whole squad and two new progressive members of congress, they are picking off seats in the democratic party. and their ideology is becoming mainstream. so, you know, at one point in time i was saying, look, i truly believe that we've lost that battle. that is over. indoctrination, the way tenure is set up, it is really no way to win on these college campuses x. then the conservatives -- i'm not saying, the conservatives that are on these campuses are censored off them, they are shunned, abused, they are doxed, their home addresses are put online to intimidate them. right now the best we can do is fight in the secondary education, elementary e school to make sure these kids have a great foundation before they get to these colleges. stuart: what a terrible, uphill struggle you're pointing out

here. will cain's sitting next to me shaking his head like this. you really do have to say that about american colleges. will: i've got two young boys, and i've got to pay for this? you're out of your mind. stuart: i've got six kids i've already paid, good lord. [laughter] will: get your money back. stuart: i'm glad you're smiling, lawrence. >> that's why they pay you the big bucks. stuart: whatever you say. lawrence, you're all right. come back again soon. merry christmas. steve hilton, larry kudlow, tom homan all coming up on the show. but first, my take on california. i say the governor's in deep political trouble, yes, he is. the third hour of "varney" is just getting started. well, in a couple of minutes it will be. ♪ ♪ eran 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

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>> if you are someone who is so where you will get it and don't want people doing outdoor dining because you're worried, you stay home. i think the stuff going on now and shutting down outdoor dining there is no evidence to support that. >> you can be freer and more money and the future can return but the left suffering is part of -- it's not the things that they want to exact on people. >> i think with a few more months and then hack to pay. talking about at this point you got to ask yourself the question, what is it? i still can't figure it out and i do think at this point. >> here's how i say it, if you're bullish on big point, by

bitcoin but don't buy it on the way down. don't add another every time he goes down and more and more because the trend is telling you you're on the wrong track. >> i'm very long-term bullish and forget about it, next month by some more and it's time to get in. ♪ stuart: that is from hope from heaven, of course. i thought it would be christmas music but we will take that wo word. >> i don't know it but it sounds good. stuart: will kane has join us for the show today this friday along with ashley and here we go. it is now 11:01 eastern time and check that markets please. we are on the downside. there's not a serious selloff but were down 130 from the dow and that's the best part of a half a percentage point and the nasdaq is down s&p i should say,

down about half a percentage point and perhaps the loss for the s&p. the nasdaq, i'm sorry. getting mixed up here. we've got a loss of a red ink and i will leave it at that. show me moderna the vaccine people, please. they are highly likely to get full fda approval for their vaccine today in the stock is three and half percent because it has such a fantastic run up before this, down a bit today even though 6 million vaccine doses will be headed out for distributional and very, very soon. good thing here is refrigerator temperature, not supercold. it's easier to distribute these 6 million doses. now this. california governor is in deep political trouble. there is a recall effort and it was started by republicans but reportedly some democrats are signing up. 850,000 signatures are already on a recall newsom petition. he is his own worst enemy,

totally out of touch to remember his non- apology for the french laundry dinner? the man was almost laughing. you would have thought he would've been more politically savvy. you don't laugh when you break the rules, rules that are ruining bar and restaurant owners up and down the state. there is a mass revolt against the restrictions that newsom has imposed. in fact, california are facing a variety of challenges and some of which are of newsom's making. it is still a sanctuary state and here comes another caravan of migrants. newsom pays for millions of illegals but the state has an enormous deficit and sanctuary is becoming an issue. so is climate change print newsom forces california utilities to use expensive renewable energy so californians pay the highest electricity rates in the country and when the sun doesn't shine or the wind does not blow you get blackouts. not popular. taxes in california highest in the lands. poverty, highest rate anywhere.

the exodus going strong and that is not good. july 2019 until july 20213, 5000 more people moved out of the state then moved in. frankly, we've lost count of all the businesses heading to texas. governor newsom is the epitome of elitist liberalism and the poster child of arrogance privilege and the question is will the state now turn against the elites who are running the state into a ditch. the man to answer that question is steve hilton host of the next revolution on fox news. well, are we going to get a political shift in california because what is going on? >> stuart, elated out so perfectly and i been talking for months now about a california revolution and that's what we need. i think you're right to say that he's in trouble with respect to the recall. we will get the right number of signatures and he will face that. trouble is, after that there needs to be about and it's been

such a long time since any republican won the statewide. i think it will still be a struggle and in fact, some of the democrats trying to get rid of gavin newsom unbelievably want to do so because i think he's not left-wing enough. but when you list those things that he's doing, i mean, it's unbelievable. one thing that captured it for me that is the ridiculousness of how he runs the state right in the middle of the wildfires he announced, not to action deal with the wildfires this year or next year or forest management and all the things we know would make a difference but what did he announce? a ban on gas cars that will kick in in 2030 and make absolutely no difference for the wildfires and can't enforce it anyway and its total virtual signaling. that is what they're all about and that is why the state is falling apart and all the way you listed. one of my friends a venture capitalist is one of the people part of the exodus and moved to

austin and his fun with elon musk in austin and you got hewlett-packard, the foundation of silicon valley in the very first big company that silicon valley was built on leaving and it is just so depressing to see what they've done to this wonderful, beautiful state in such a short space of time. i think we will get back control and we will get sensible policies but i just don't think it will come quickly. stuart: is it silicon valley in the north and hollywood in the southern part of the state and are those two areas, those two groups of people, is that what keeps newsom going? >> politically of course that is where the money is coming from but there is one more that even more pernicious and this is what i think has really turned the dissatisfaction into rage. it is the teacher unions and the government unions so here in san francisco near where i live you still have the schools closed down and there is an incredibly emotional meeting of the san francisco board of supervisors just the other day were you had a progressive democrat

practically in tears begging them to do something about opening the schools because of course, it's black families, latino families, lowest paid in the poorest families who are suffering so deeply because of these schools being shut down with no scientific reason why is the governor making it about that? he's put in office by the teacher unions and it's beyond incompetent and beyond cruelty. i said clearly it's evil because they know the harm that it's doing to california's children and families and they are doing it anyway we want i will ask you the same question i've asked you sometimes before, i'm in my early 70s. to think i will live long enough to see a republican elected to statewide office in california? >> yes, you will appeared i'm confident. i california revolution is coming. [laughter] stuart: glad to hear it, steve. thanks for backing me up there. you're a good man. merry christmas, steve hilton. act to you and yours. we will be watching the next

revolution on fox news 9:00 p.m. sundays, fox news. there you go. check the markets again. down more on the dow industrial and now were up 167 points but look, look at that level, 30,136. who would've thought we would see that level just a few short months ago? show me tesla. they started treating included in the s&p index as a monday morning and that means an awful lot of fund managers have to buy the stock because it's now going to be but they got the bottom line but look at, another 1.2% today, $663 per share and it's gone straight up since the announcement that they will be included in the s&p 500. virgin galactic stocks dropping as they filed to sell up to 113 million shares and it's unclear when the selling could begin and it is taken the stock is down nearly 3% and already

under pressure. next up, i want to talk about posh mark. they are thrift store, really? i did not know there was of posh mark does not seem the right name but there going public right, ashley. ashley: yes, maybe merchandise and they've already filed the paperwork. poshmark is an online marketplace for secondhand clothing, shoes, accessories and the company founded nine years ago and like ebay connects buyers with sellers. poshmark makes her money by taking a cut of each transaction. in the last two quarters the company racked up over $30 million in profit with revenue up 28% over the first three quarters of this year. now it wants to go public following other marketplace businesses such as door dash, air b&b and wish, so they wish to go public. stuart: one more going public and it's called the currency

exchange going public. is that right? ashley: that's right. it will be coin called coin base. deciding with all the recent hoopla over crypto currencies now is probably as good a time as any to go public with california based company has been around for eight years and has grown into the largest digital currency exchange in the u.s. coin base filed its ipo paperwork this week for review and comes at a time with crypto currency, bitcoin in its highest mark yet, about 23,000 now under that at 20200720 but we've also seen a growing number of analysts coming out in favor of the currency and that has helped the company -like coin base to think it's time to go public. stuart. stuart: we have our guest on the show today, will cain joins us thankfully and i asked him about bitcoin in the nine a clock hour and i will ask him about bitcoin in the 11:00 o'clock hour. will: you asked one of your

guest earlier if we are too old to understand the value and what i would say, listen, by the way, early 70s i had you pegged for early 60s. i mean, i don't know what youth elixir you have. stuart: i will give you a raise. will: beethoven is old. and rolling stones, but they stand the test of time and does sue earnings, evaluation and benjamin graham and as for bitcoin i need a better explanation of what this is before i put my money into it. stuart: you're not in it yet. no plan to get into it. will: i'm doubtful it will happen. stuart: ashley, are you getting into it? ashley: no, i'm with will. i kind of understand it but not enough to put my money in it. stuart: i will stick with microsoft too. gentlemen, thank you very much indeed. wrap your gifts, pack your car, check with your boss and you may need workplace approval before booking your trip over the holidays. don't like the sounds of that. we explain it though.

right now migrant caravan inching closer to our southern border and will joe biden roll out the welcome mat when they arrive? former acting isa director tom homan weighs in on that one. but first, new york city warning of a post- christmas lockdown. what does that do for economic growth for the whole country? larry kudlow will be asked the question and he is on the show next. ♪ ♪ to support a strong immune system, your body needs routine. centrum helps your immune defenses every day, with vitamin c, d and zinc. season, after season. ace your immune support, with centrum. america's been waiting for. get iphone 12 on the 5g this new iphone plus verizon 5g is incredible. switch now and get iphone 12 pro max on us. unlimited plans start at just $35. this is 5g from america's most reliable network.

in these troubled times, we sing about at christmas time? ah, but you can have peace. when you come to jesus, the prince of peace, you will find true peace and joy. will you come to him? - [announcer] find out more today. visit us online at findingtruepeace.com. that's findingtruepeace.com.

your journey requires greeliberty mutual. they customize your car insurance so you only pay for what you need. liberty power! wow. that will save me lots of money. you're insured! this game's boring. -let's get tacos. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ stuart: there was a time when we quoted big tech religiously, every hour, every half-hour and would always be up there because that is where the interest was. those were the stocks they just

kept on going up. we've not looked at them so quickly recently because they kind of stalled and plateaued. they've done okay but they are no longer going straight up. we thought we would show you to them today, all of them on the downside, not much but all of them on the downside. look at microsoft down to 17 and i own it but i will still take it. they're on your screen is fedex. the stock is down 5.6%, even though they reported really good results earlier this morning, lots of packages being delivered, solid profits. ashley, why is the stock down? ashley: well, you know, it's a difficult and gary said profit-taking headed into the weekend with a down market right now and the dow up 230 and looked, but ask we know is doing very well and the only concern has been what will it do once the pandemic goes, can they maintained this shipment of profitability but other than that by on the rumor, sell on the news.

stuart: they did, down 5%. thank you, ash. new york is considering another full-scale lockdown that would come right after christmas. other states notably california have a lockdown in place as well. larry kudlow is with us this morning, top white house economist. you are there, larry is now on. larry, it seems to me that locking down a lot of california, and may be a lot of new york is a big population state, big economies and you lock them down and you sold them down and doesn't that affect the whole economy, slow down our recovery? >> sure, it's the only obstacle to the recovery. the economy is basically still booming, frankly. but yes, because of, i think, misguided policies the lockdowns are killing small businesses and then that has, you know, not down effects to a whole lot of sectors and it the odd thing is, i mean, i'm not the medical

scientist and i do sit on the task force but what these states are doing -- by the way, for all the metrics they are telling people you can't go to work and in some cases your kids can't go to school and you can't have indoor dining even 25% so they are driving them, stu, driving them home to their large crowds at home which is exactly what we don't want. it's unbelievable. whoever the geniuses are doing this it's completely unbelievable. open businesses and schools and this economy will boom. by the way, the gdp now from the line of fred is 11% growth in q4 so it's a strong economy and the trump tax cuts and deregulation is still in play. all of that is fine but yes, the very fullest decisions being made on public health. stuart: all week long or all month and for months now we've had economists, guests on the

programs, saying next year 2021 will be really strong and several have said we've got four, maybe even 5% growth next year. they are assuming that the republicans win the two seats in the senate seats in georgia but they are assuming very strong growth next year. how about you? how do you see it? >> i'm there. i'm there. i think four, 5% is quite reasonable and i think frankly, there's upside potential trade again, if the growth incentive policies put in place by president trump remains then you will have a very spiffy economy and you will roar next year, absolutely ror but by the way, apropos of nothing i guess if you filed followed profits with the mother's milk of stocks and economy profits are booming and up on a daily basis but help is on the way and as you know the vaccine coming out of the gate is strong and we may have 100 million vaccines by late

february march or even more because some of the companies are progressing and that will be a very important thing. as we have this holiday season and i'm repeating these of our health experts with vice president pence tasks force, even if you get the vaccine you still got to mask and you still got to distance and you still got to hygiene and we will get through this with the light at the end of the tunnel but let's not let up on those basic safety guidelines. stuart: work honestly told will have a huge relief package in the new congress when they take over in 2021 an enormous amount of government spending and we've also going to get a great deal of government borrowing because of that spending a great deal of fed printing of money and we've never been in the situation before classically we are told that when you do that kind of

thing you end up with inflation or the debt bomb explodes. you're not worried about that at all? >> look, i don't want to predict next year's legislative session. again, we have to get through the georgia elections and i happen to be optimistic that they will do very well and they will do very well, mr. perdue and ms. kelly loeffler. having said that, we have to i'm a gay day at a time guy stuart. let's get through this short-term rescue package which has good things in it particularly with respect to extending the small business loans and ppp to getting at the unemployment assistance program with $300 federal plus up helping with direct mail checks and these are not long-term stimuli by any stretch of the imagination but in the short run

everything provides liquidity to get through the latest virus spike and once we get that done they are closing in and not quite done yet, by the way, there are still some policy issues but that will be very helpful in the short run. long-run stuart, we need to focus on letting people keep more of what they earn and we need to focus on providing less red tape to entrepreneurs and new business startups and we need to keep our energy sector the greatest in the world and we need to create traded deals that help the american worker and those were the president trump policies, cornerstones and he will be one of the most consequential presidents in american history and those must be maintained. stuart: all you are talking about is going to be a heavy lift and maintaining america's energy independence in face of the great new deal, maintaining small government, low taxes in

the face of an incoming administration which wants to tax everybody all the time, that's a heavy lift. i know you don't want to predict what the next congress is going to do and what the next demonstration will do but it doesn't look good, does it? >> stuart, i'm always the optimist and rely on the sensibility of the american people and i think the story will work out okay and i agree with you that the green new deal would be tantamount to a disaster, crushing gdp and jobs in business investment. i agree but i think a lot of people understand that and, you know, people say things in campaigns but they don't necessarily come. one of the most fascinating political moments we always talk about with the georgia senate races and they are important to look at the house, stuart prayed look at house. i think the final tally in house will be something like 220, 213. that is a narrow edge margin and you will get crossover with the

far left socialists will desert the democratic party and the moderate pro-business democrats and there are still a few left will come to the public inside to block job destroying economic destroying policies. i still think that's in the cards. this election was awful close as you know and the republicans did extremely well down ballot and the president himself got whatever 74, 75 million votes so his principles and his followers and policies i think will be in a norma's influence in the new year and let us hope so because that has got the growth. in there is the growth, four, five, 67% is doable. stuart: got it. larry kudlow, thank you for being our guest, star guest throughout this extraordinary year 2020. >> stuart, you have a great holiday season prayed you've been terrific. stuart: very kind.

larry kudlow, see you again soon, i hope you good luck. all right, on your screens, this is what parents thought they were signing up for when they bought tickets to santa's village. change the screen. this is what they got. cardboard gingerbread houses and they tell you how much they paid. they did not get what they were expecting and that's a fact. next guest, one of the biggest winners in the election says will be criminal cartels in central america. former acting isa director tom homan joins us to explain. ♪ ♪ our new house is amazing.

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stuart: market tech here we go 20 of writing in the dow is now loss of 200 points and not sure exactly what is happened to push it lower but it is moving down. uber will offer 10 million free or discounted rides to people getting the covid vaccine and that is their contribution to the vaccination tank.

the stock has dropped below $50 a share. dick's sporting goods partnering with insta card to offer same-day delivery and will be available and more than 150 stores just in time for the holidays and holidays and a member, dick's sporting goods no longer sells guns. garden restaurants own all of garden among other restaurant chains reported same source tales on 20% during the second quarter and that of course is the effect of a lockdown. really hurts the restaurant business. there is this, migrant caravan is headed towards our southern border and it is on its way, coming in from honduras. acting former acting ice director tom homan joins us now. predict for me, tom, what happens when that caravan arrives at our border probably right after the inauguration on generate 20. what happens? >> you will see many more caravans. i went out there seven months ago and said this would happen if joe biden became president.

you don't have to be a border expert to understand that. joe biden has made promises to put a moratorium on deportations. silent seekers will come to the u.s. rather than wait in mexico and most won't show up in court. he plans to end ice workforce and they will not find you. he promised to end ice detention. plus, on top of that he's offering free healthcare and amnesty. when he sent the message to the world that is okay to do this and you will not be detained or deported, why wouldn't you calm? this is the first of many to come. stuart: the biden campaign in the biden team are saying that their way of solving this problem is to spend heavily on the governments of central america and help them out so you can stop the migrants leaving in the first place and improve economic conditions there so you stop the migrants from coming here. are you skeptical of that?

>> look, i say it could help somewhat but been there, done that under the obama biden administration. i was there. we had a meeting with south american president and the countries and big businesses in the united states. we talked about security and prosperity and how could we increase prosperity in the central american countries so we tried that. now, should be tried again? yeah, i think that will be one of many factors but the problem is corruption. we spend billions of dollars down there so what happens to it? it doesn't go the right places so maybe they would be more successful this time but then there, done that, didn't work with what works is consequences and deterrence and enforcing the law and securing our border. that works. stuart: what were you saying about criminal cartels? they run the caravan business, i guess. are they back in business now? >> oh yeah, they are celebrated. do want to know who's celebrating this election, criminal cartels in mexico and central america paid even drug

cartels are celebrating because nothing happens on the northern border of mexico without paying the cartels of plaza fees. you have to pay taxes to work through their areas. drug cartels are happy in the smuggling cartels are happy because they are back in business and will make millions of dollars and that is what disgusts of this whole thing but president trump has done more to secure this border than any one of work for an immigration is down 80% which is unprecedented considering that congress bought him every step of the way and biden promised to unravel all of that. why? were the most secure border we had in decades and you would think president no one [inaudible] it's out of spite to turn things down to president trump is creating. stuart: tom homan, not a happy guy but we wish him a merry christmas anyway and hope to see you again spent merry christmas to you. stuart: now this, we just can't stop talking about actor tom cruises rants about covid

safety. if you forgotten it we will remind you. play it again. >> we created thousands of jobs [bleep] [bleep]. i don't ever want to see it again. ever. if you don't do it you are fired and if i see you do it again you are [bleep] gone. stuart: he went on to rants and i think the latest news is will cain is shutting down production. will: that is the latest news. to rants and apparently multiple employees who decided to walk from the set on their own. now tom cruise report elite needs a break and will take the holidays off through the end of 2020 and shut down production and maybe this is a good example or illustration of the fact that he's frazzled. i heard you debate with susan yesterday and i enjoyed it. here is the important point. tom cruise might be right on the substance but is hard to keep a business up and running and miss these lockdowns and restrictions but everyone has a reason and that doesn't excuse the way you

behave. he might have a reason for being so tense but that doesn't excuse the way he behaves to everyone else on that set. stuart: yes, a guy in his position, i mean, he's king of the hill here, this man is wealthy and powerful man and you shouldn't be shouting at junior employees like that. will: absolutely. stuart: it's just not right. if it had been done in america you might go to hr, you know what i mean? [laughter] next one. i want to show you this video. it is showing what is supposed to be a santas village attraction for kids and it shows children's smiling and the ads but everything did not work out quite right, did it? will: it did not look like that when they got their tickets and attended the function. this is most sallow stroll you. stuart: australia, i did not know that. will: this is what they encountered was they bought their 27-dollar individual to get up to $100 per family to go enjoy that winter wonderland village. people are comparing it to the frye festival, member that? was supposed to be an amazing venue for concerts and youth but

turned out to be a total wreck and some island in the caribbean. this was somewhat similar for families hoping to have a wonderful christmas experience but said they got an empty warehouse with a few cardboard cutouts. stuart: my son or might too, grandsons are in south australia. will: that's right? stuart: i hope they do not get scammed into this pair the kids are too old to go to a santas wonderful village but. will: hopefully if they did bill get their money back prayed i think there are refunds. stuart: i should think so great that is a fraud. well done, young man. there is no place like home for the holidays but you might not get there. can employers legally stop you from traveling? we will have an answer to that. all mariah carey wants for christmas is to be your air b&b host. she is teaming up with the company for one night stay in times square. the price will shock you. tell you what the price is after this.

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stuart: if you plan a holiday getaway this year check with your boss. christina is in new york for us, christina, can your employer really deny your trip? reporter: yes, they can. tis the season to stay home. i know stuart were itching to travel and see family and that's where i'm standing at penn station that's normally super packed as people head out of the state and city to see family but we know people are scaling back to an increase or due to an increase of coronavirus cases as well as an increase in travel restrictions but if you do plan to travel, big question is, to

tell your boss or if you don't tell your boss what happens? answer may surprise you? >> when they tell us you will be allowed to weeks a year or four weeks a year totally off, that's a gift in a sense. it's not a legal requirement. because it is something that they are offering to us by right until the legal basis they can take it away. reporter: that means if your employer deems your travel plans too risky, your employer can refuse to give you those vacation days and your employer can take it one step up and actually fire you if you come back from vacation and don't tell anyone you traveled and again, it is been seen as being risky and unsafe to your work environment. this is due to federal guidelines that employers must follow to ensure a safe workforce. overall, stuart, there's a reason to surveys showing 30% or 85 million americans still plan to travel over the holidays but

of course that means it could be a few legal disputes in order to avoid that i guess wrap your gifts, pack your car and check with your boss or at least checked the travel policies. back to you. stuart: we asked the question and you gave us the answer but that's all good stuff. christina, thank you indeed. let me bring in will and ashley. do you think we should have to ask our employer and ashley, you first. should we have to ask our employer permission to go on vacation? will: yes. ashley: yes, and the sense that they have a business to run so it's okay for me to go and is there someone left behind to do the job? after all, i believe we are at the will of the employer so if they -- if we will not do with they want us to do there will find some one else to do it. middle ground. stuart: i know you are jumping and i don't blame you but if we were going to travel to a hotspot, where there is a lot of covid, and we come back with

covid doesn't that make a difference? will: no, i would be with ashley to the extent that yes you need to ask your employer permission to take a vacation but not where you might go. look, we will have to retain some sense of privacy and individual rights to this thing. i understand your employer is an at-will relationship but this pandemic has absolutely asked us to sacrifice every aspect of our individual freedoms. no, you do not get to tell me where i go on the occasion. stuart: you are a recovering lawyer and doing rather well big well done, will and ash. show me please air b&b there are stock you can trade these days and i'm putting it on the screen because they are partnering with a mariah carey for new year's eve and one lucky couple can rent out a luxury igloo on a rooftop in times square, new york city, deal includes personal message from mariah carey, $5,000 spending spree, dinner from a personal chef and accosts $21.

the renters have to be from new york city but interesting offer. a nice spin on a virtual ball drop on times square, new year's eve. don't go anywhere. friday feedback is next and you will be in for a big surprise performance from me. we'll be back. ♪ ♪ to support a strong immune system, your body needs routine. centrum helps your immune defenses every day, with vitamin c, d and zinc. season, after season. ace your immune support, with centrum.

the we have to find just nosomething else.it. good luck! what does that mean? we are doomed. [laughter] that's it. i figured it out! we're going to give togetherness. that sounds dumb. we're going to take all those family moments and package them. hmm. [laughing] that works. that's it. i'm calling kohler about their walk-in bath. [ sigh ] not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. ♪ the kohler walk-in bath features an extra-wide opening

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get gym results at home. no expensive machines, no expensive memberships. go to aerotrainer.com to get yours now. stuart: i use to be a choir boy, good king once less looked out on the feast of stephen and when the snow lay roundabout deep and crisp and even, brightly shown the moon that night, though the frost was cruel, when a poor man came in sight gathering winter fuel. ♪ it was better 50 years ago. [applause] [laughter] stuart: you will only see it here, folks, special christmas performance to kick off friday fever. you will never see that again

although you might run it again next week, we shall see. will: it was beautiful. right, ashley? it was beatable and more than that it was great, you will not get me to do the on camera. ashley: it was great, especially the cardigan. your inner dairy cuomo coming out. stuart: it's your term, do want to top that ashley? ashley: i couldn't. give me a few more hot bodies and i will be happy. stuart: will came, i don't -- i dare you. stuart: ladies and gentlemen, 11:51, friday, friday feedback and the first item comes to its from dave in pennsylvania. i got a chuckle visualizing you in a mosh pit during the blitzkrieg docket song opening of your show today. watch your show every day, will is flat out a superb addition to fox and friends. he's not a very good addition.

[laughter] will: stuart, did you know that had it not been unscreened to do know that was the ramon's? stuart: no, sir, i did not. i've heard of the ramon's but only knew what was because it was on the screen and i could read it. next one comes to us from jd who writes -- love of starting my date with "varney & co.", why does varney dislike baby yoda? i don't dislike it but it's a marketing tool from disney or whoever put something out. i'm tired of it. i no longer have young children and not going to buy it and i don't find it particularly cuddly or warm and look sick and alien from space and i'm not keen. is that enough? that a decent dancer? ashley, wait one second, producers want you to read this one. go. ashley: okay, let's go. i'm a huge stuart varney fan and this is from francis, have a huge crush actually. as soon as he said he started

streaming the queens ambit i did too. loving it. thanks, stuart. let's do lunch. stuart: remarkable thing, news anchor in new york on the pandemic. now then, what was that question that was about the queens gambit. yeah, i like it and it's a little dark but i do like it and it's very well produced. have either of you seen it? will: my wife is streaming it right now. she is doing it on her own because i'm going back to the sopranos which i never saw some watching all six seasons of the sopranos right now. stuart: we are all netflix fans and that's a fact. we've got this coming to us from a viewer named susan. i don't care if will says anything, i love his energy and you could just look or sit and look there and look pretty. what you think, will? will you come back on set with

me is my question? [laughter] will: this is one and done but i'm out after this. stuart: really? will: i'm kidding pit i will come on anytime. stuart: you will sit here three hours on a friday. will: and then i will just sit here and look pretty and it will be easy. [laughter] stuart: ed mcgraw writes with a suggestion, here it is, not sure if someone beat me to it but the departure of a major company names from california to texas could be referred to as tech so dust. will: can i make a suggestion? all these newfound texans leader politics back home in california there's a reason you're not from texas. stuart: will, you're a texan? you must not like the liberals coming in from california. will: there's a reason you're moving to texas. you find the environment in good for some reason for it why? stuart: this comes from jeff peterson writing from colorado,

it seems my bucket list item 42020 will go unfulfilled and i told my wife on the first of january 2020 that i would be on "varney & co." this year. you are, just? you made it. are you happy now? ashley: well done, jeff peterson. stuart: all you have to do is right in and you might get on "varney & co.". why not? and there is a scott wordsworth, interesting name, any chance we could get the good doctor, doctor siegel to administer mr. barney's covid-19 jab on air? no, i would definitely take the job but i'm not going to have a million people watch me do it, certainly not. will: are you worried about fainting? why not? stuart: i don't like adding a jab and i don't like -- i look ridiculous, would i not? will cane, will you do it on camera? will: get my covid vaccine on camera? i don't know about that either but i'm with you. stuart: he's waffling for it

might not be back. ashley, would you do it on camera? ashley: absolutely. i mean i may cry a little but yes, i will do it. stuart: you are a great man. thank you for writing and, keep sending us your feedback. mark varney after this. research shows people remember commercials with nostalgia. so to help you remember that liberty mutual customizes your home insurance, here's one that'll really take you back. it's customized home insurance from liberty mutual! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ anna could only imagine a comfortable night's sleep without frequent heartburn waking her up. now, that dream... . ...is her reality. nexium 24hr stops acid before it starts, for all-day, all-night protection. can you imagine 24 hours without heartburn? to all the businesses make it through 2020... thank you for going the extra mile...

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stuart: almost out of town, but, will cain, it was fun to have you on the show, and we're going to be watching you on "fox & friends" tomorrow 6-10, this man does four hours. will: that is right. this was fun, thanks for having me. stuart: merry christmas, neil, it's yours. neil: you know, he also rappels down buildings, so that's putting the pressure on us, stuart. i mean, i don't even rappel down an's calculate or. [laughter] holy toledo. fun to watch, guys. great job, all. we are following, as you might imagine, stuart, some of these other developments here. we are, as the number of the show would indicate, coast to coast. first of all, on the east coast we're looking at what's happening in washington, d.c., if anything, on progress for stimulus, progress to keep the government lights on. they're working on both of those. on the orr side of the country in san diego, a judge ruling that restaurants and strip