each little grape get the juice out of it, 700 to make a bottle of wine. i was wrong. i said 500. check the markets quickly a selloff today. inflation fears hitting the tech market again. hopefully the pipeline gets fixed by the end of the week. cyclical stocks heading backwards. happy news and selloff pass it on to david asman. david: thanks, ashley. there are fears of socialism we have a lot to talk about. this is "cavuto: coast to coast." i'm david asman in for neil. the dow is now on pace for its worst trading day since february. we'll be asking our all-star panel whether businesses can compete with more government handouts. while it is red on wall street more green could be headed to

california. residents, california -- governor newsom proposing a new round of stimulus payments as part of his economic recovery plan but is this another reason that people may hold off on going back to work? we discussed that. north carolina is now declaring a state of emergency after that massive pipeline cyberattack. why the colonial pipeline ceo is now warning of a fuel shortage as prices at the pump head for their highest levels since 2014. look at dramatic live pictures from the southern border in del rio, texas. happening right now. as more migrants continue to flood unabated across the rio grande river. we will have a live report from del rio texas coming up later in the hour. you certainly don't want to miss that. first off, the market selloff is intensifying, shocking new jobs

numbers, show how many people are staying out of job market. market watchers jonathan hoenig and carol roth. good to see you both. thanks for coming in. jonathan, you have 8.123 million job openings right now. it is clear at least a lot of those people, if not the majority, vast majority are turning down the jobs because they're getting paid more for staying at home. the bottom line is, how can businesses compete with governments that can print their money. >> no shortage of jobs, no shortage of workers. there is shortage of workers willing to work, exactly for the reasons to describe. it is the stimulus, it is the unemployment benefits. you can make, doesn't have to be exactly as much, 70, 80% as much, why go back to work? you're seeing selling on wall street. anticipation of higher taxes, higher spending. as the saying goes one sparrow doesn't make a spring. even a 500 point loss on the dow, david, not what it used to be.

that is 1 1/2. david: that's true. >> this could be the beginning of a trend, given all the stimulus, benefits, entilement state has proposed. david: carol, the biden administration is in denial about the effect 24 money is having on peoples initiatives to find a job. you had the president's commerce secretary over the weekend saying it has nothing to do with the current excess number of jobs not being taken. you had the president himself saying, while he is going to try to track down, so he claims, track down those people who are turning down jobs, are still getting unemployment checks he doesn't think it plays a big role. the same kind of denial i see in the refusal to recognize the border crisis as a crisis. >> i actually think that they don't deny it behind closed doors. i think this is all intentional. this is central planning at its finest, conditioning people to

believe that they should be on the government dole and that the government will take care of them. if you look at everything that has happened over the last, you call it, 14, 15 months, from the government mandating some businesses to be closed, others to stay open, the public schools close while the private schools stay open. paying enhanced unemployment stimulus to take away the incentive to get people back to work, don't worry about it, the government is going to be there to help you and we all know the three of us know, you do not become prosperous being on the government dole but this is how the government retains power, as the slow march towards universal basic income and other central planning controls that will completely disrupt and kill the market. david: what is extraordinary is that these payments are not going to stop until the end of the summer. so many businesses were desperately hoping to open for

the summer so that they could open outside, get people they need. they're going to have to wait until summer is over primarily, until, they can really open full time. all right. stay with us, gang. we have more for you coming up. recall rebate. gavin newsom is looking to give out $600 to roughly 2/3 of california residents ahead after public recall election. fox correspondent william la jeunesse is in l.a. with all the details. hi, william. reporter: talk about a gift, often scorned 1% handed governor newsom a lifeline and california an historic windfall. 76 billion-dollar budget surplus. toss in another 27 billion in federal covid aid, the state is rolling in cash, enabling newsom to hand out checks to 2/3 of state residents. those earning up to 75 grand a year, and illegal immigrants, will get $600, 500 more if they

have a child. >> so $12 billion in direct tax rebate. that is the largest year-over-year tax rebate that has ever been provided in any state in american history. reporter: there is an added handout to anyone who did not pay their rent or utility bill in the last year. who is paying for all this? well the 1% who pay almost 50% of state income taxes. >> because most of our revenue comes from, the wealthiest, we're talking top 1% wealth in this state, is what provides much of the revenue. reporter: politically taking from the rich and giving to the poor and middle class makes sense, right? critics call this the recall rebate. voters will receive their recall ballot not long after receiving their check from governor newsom. >> now gavin is patting himself on the back by giving it back to people, look what good i have

done. here is a better solution. don't take it from the taxpayers in the first instance. reporter: republicans say better idea, lower the tax rate. that will not happen. sacramento democrats want to raise taxes on the wealthy to 17%. back to you. david: everybody who pays taxes will be paying a part of this. that's the point. they say 50%, it is just the rich people because they pay 50% but the other 50%, the middle class, the lower middle class paying tacks they're paying part of their money for all of this spending as well. william, we have to leave it at that thank you very much. we want to bring back jonathan hoenig and carol roth to talk about this. carol, i'm wondering if other embattled leaders, he is not only one involved in lockdowns can they buy their way out of trouble with voters? >> unfortunately it seems so. voters as long as they get a little bit of something they

seem to overlook all the other bad things that are happening, and they can be spending all kinds of money, taxed coming out of their ears, they don't seem to care. i'm getting something. you are not getting anything, that was your money to begin with. that is your neighbor's money. better opportunity might be to give it back to small businesses under concept of eminent domain and shut down and subjugated their property rights. they should give it to them for taking away their businesses. instead of lowering taxes or doing that makes sense, now they're trying to buy votes and saying we're going to give you something. this is just more big government. we don't stand up to it, it is never going to stop. david: jonathan, this is the most bare faced example of buying your way into an office or stay in an office i've ever seen. this is just the beginning by the way because when we're spending trillions of dollars, that is what the politicians

today are trying to do, spend all this money eventually be paid for one way or another but years in the future, so they're thinking i will get mine now. >> right, exactly. there is no such thing as a free lunch. the bill will be paid. you don't have to be a economics professor to understand what is biden doing big picture? disincentivizeing production, higher taxes and incentivizing stagnation with all the stay at home types of orders. economics is always about what is unseen. so they see the rich being taxed. they don't see the jobs, production, creativity, wealth created because of high earners. that is the economic fallacy is biden is making over and over again. it has never worked t won't work this time. david: carol, picking up on jonathan's point, where do you think the money will be spent more wisely? in the pockets of producers of jobs an investors in jobs or in the pockets of free-spending politicians like governor newsom?

>> yeah. there is no doubt that you want to have the individuals be stewards of their own capital. we keep getting into a situation where the shell games are going on. we give money to the government. they shuffle it around. take a little bit. give it to the cronies, give it part of back. people think they're getting something instead of keeping it to begin with f we lower taxes across board. get the government out of the way of too many things they're doing and not doing well we would be more productive. if people would have lower property taxes and income taxes everyone would be better off to have more prosperity. unfortunately that message something getting lot of. we're pointing fingers at each other instead of the government. david: we saw that before the pandemic, after the tax cuts, the trump tax cuts. we awe saul levels of society grow. percent increase of wealth in the lower scale of the economic

ladder was higher than the highest scale. quickly, jonathan. >> that is exactly it. you cut corporate taxes, who benefits. shoppers, consumers around employees as you said who received higher wages as a result. david: jonathan, carol, great stuff. thank you very much. hang in there. prepare to pay more at the pump u.s. gas prices headed for their highest levels in seven years following that colonial pipeline attack but they were going up even before that attack. jonathan serrie joining me from a gas station in atlanta. hi, john. reporter: hi, there, david. when we arrived at this quick trip station in the atlanta buckhead community, they were out of premium, mid-grade. an hour later they ran out of regular unleaded a lot of traffic behind me, people here are lunch break being stocking up on food from the convenience store. perhaps people waiting here, hoping that more fuel arrives in the near future. >> i actually didn't even know about it i pulled up, noticed there was no gas.

>> the fact we can be hacked so easily is a concern. reporter: elsewhere in the metro atlanta area, this gas station in snellville closed temporarily. other stations are running low on fuel supplies. georgia governor brian kemp signed an executive order waiving fuel taxes through saturday. increased demand will drive up prices for limited supply. >> what that means for gas prices could be an increase of 3 to 7 cents as early as this week. a lot will depend how long the pipeline is down. reporter: social media posts show long lines leading up to several gas stations in north carolina, including this one in asheville, colonial pipeline texas to new jersey keeps fuel prices lower for communities it serves. when it is running it provides 45% of the east coast fuel needs. so when there is any type of disruption consumers definitely feel the pinch. david? david: jonathan serrie, thank you very much, jonathan.

north carolina governor roy coop every also declaring a state of emergency amid worries about a growing fuel shortage. joining me, founder, ceo of power the future daniel turner. daniel, thank you for coming in. is this proof we need more support for american energy. >> absolutely. this is proof that these regulations, the burdens that government puts on the energy industry affects the consumer t affects those least off. these are always ones that suffer under leftist energy and environmental policies. it is the average citizen, the average person. i applaud what governor cooper is doing but wouldn't it be great if our president took similar steps to make energy more affordable to all americans? david: as i was saying before, even before the colonial pipeline attack, cyberattack which was terrible, we still haven't gotten oil back on line, we're making progress there, things were already scrumming in the price of oil, particularly

at gas stations. i have a picture after gas station in weehauken, new jersey, on november 7th, right after the election, $2.01 for a gallon of gas. it has gone up a dollar since then in less than a year. i see folks, the staff here nodding their head in agreement. this is extraordinary how quickly. could we see a doubling of gas prices in the next year? daniel, can you hear us? oh, looks like he froze. we'll try to get daniel back. meanwhile coming up ohio congressman mike turner why he says president biden could be missing something major when it comes to the vaccine patent debate. stick around for that. we'll be right back. seminole

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and it helps keep you asleep by sensing your movement and automatically adjust to keep you both effortlessly comfortable. proven quality sleep, is life-changing sleep. only from sleep number. ♪. david: more people make travel plans for the summer airlines say they are burdened with checking covid test results. some are often faked. fox news correspondent benjamin hall has more. hi, benjamin.

all right. one of those tech days. gremlins in the control room. we'll try to fix benjamin's mic or earpiece. he is back? i'm told he is back. benjamin. go ahead. reporter: david, hi, yes, we've been looking at all the travel restrictions surrounding covid, particularly now as you have these negative test results which are required, antibody tests, vaccination certificates, there is a growing debate particularly in the international travel circle who should be regulating this? is it the government or the airlines? at the moment the airlines are increasingly to do all of this. they are pushing back. staff are not equipped to enforce travel rules. they want sector wide standards. digital health passports. they want to avoid the need to physically check people at the airport to avoid fines. german government recently fined

lufthansa for not adequately checking travelers. all the increased checks are causing logistical nightmares. at london's heathrow additional checks are leading to lines of six hours, with 91% fewer passengers as usual. fake certificates issue is growing. international airport transport association is tracking thousands of fake certificates in dozens of countries. german government found 4,000 illegal attempts. authorities are picking up the pace they're arresting people for selling the forged documents. aviation sector is desperate to get back to the normal to streamline the process. they don't want to have to do so. many are personal liberty issues. many don't want to show health certificates wherever they go. this is likely to take a long time until they are ironed out. david: probably iron them out

after all of this is over anyway. that is how things work. bureaucracies are slow to catch up to the real world. benjamin, thank you very much. covid vaccines were brought to you by capitalism. our next guest says in a fox business op-ed, those trying to deliver on covid diplomacy need to protect innovation because that is what got us the vaccines in the first place. ohio republican congressman mike turner joins us right now. first of all we have a president who doesn't appreciate the role capitalism plays in creating miracle drugs, then you have a lot of other people from the outside pushing the president in that direction, bernie sanders a socialist, like aoc quasi-socialist as well. they claim that busting the patents of these companies is going to save lives. you say what? >> first off we have to understand these vaccines were brought to us as you were saying by capitalism. certainly the u.s. government played a role in logistic.

our "operation warp speed" was unprecedented and delivered the distribution of the vaccine in unprecedented time, however, the actual development of the vaccines, the innovation that we had, came to us from capitalism, companies that were investing in infrastructure and in science and technology to deliver these vaccines are really the success here. other countries, china, russia, attempted to launch vaccine programs or vaccines that have not been successful. this innovation that capitalism can deliver should be celebrated in this process. now you can't have, maintain capitalism and ingenuity and impose socialist out comes on a call tallies tick system as you know. capital flee unless it can get a return. innovation is delivered by capitalism. if you allow socialists to come in, impose a socialist out come, you will destroy the very innovation out of pandemic with

the vaccines and certainly make us less safe in the future. david: simply, these companies have been working on the vaccines, particularly the mrna vaccine so successful like pfizer, moderna, moderna has been working on it for a decade. novavax has been at it for three decades and we'll just hand over all of that technology to whom? to the chinese. the chinese as you mentioned has a vaccine that doesn't work very well. the seychelles islands is the most recent area they are using the chinese vaccine, they're having all postvaccine problems with covid. also the same in brazil. chinese vaccines. same in india. chinese vaccines. chinese vaccine doesn't work. we'll hand them all of this, but it will take them a long time to develop, even if there wasn't a factor of stealing all this intellectual property. it is going to take them a long time to gear up with this new technology. we, meanwhile, could be producing with american workers all the vaccines necessary for the whole world?

>> right. also people talk about, you know, where is the equity, where is the equality or inequality as a result of these out comes, china is not paying us for the fact of the impact of lives on our economy, effect of virus. success of capitalism of our system doesn't require we make up the inequality. we are contributing the vaccine. we are contributing just the ability for the world to get out of this process by capitalistic out comes having found a vaccine that works. you know, it is funny there, is no socialist vaccine. there is a capitalist vaccine f you try to impose socialism on the capital list out come you will destroy the very system that delivered us the vaccine. david: speaking of the chinese, the virus may not be here if it wasn't for the chinese in a whole lot of ways including what happened in the wuhan lab. we still don't know the details.

the w.h.o. hasn't gotten to the bottom whether it developed in the lab, leaked out of the lab or not, clearly they have a role to play in here. we recently had just a couple minutes ago actually, senator rand paul was talking to dr. fauci at a senate hearing about the role of the wuhan lab. i want to play that for you, then get your reaction. go ahead, roll tape. >> dr. fauci, do you still support funding of the nih funding of the lab in wuhan? >> senator, paul, with all due respect you are entirely and completely incorrect. >> you don't think concerning a bat virus spike protein got from the wuhan institute into the sars virus is, you would be in the minority, at least 200 scientists signed a statement from the cambridge working group it is gain of function. >> well it is not. david: the key here, without getting into too much detail, congressman, the wuhan lab which

is where they were experimenting on all kinds of viruses and perhaps was the place where the coronavirus was started was being funded in part by the national institute of health and the division run by dr. fauci. is that still going on? are we still helping to fund a laboratory that is controlled by the chinese communist party that may have been used to develop biological weapons? >> well, certainly is outrageous. certainly says to the american public, we need to be much more proactive in our oversight of these funds. the other aspect i think, there are two points here really important. one, you were saying if the biden administration was successful in convincing the world trade organization to waive the patents we would be handing the vaccine to china. the second thing is, there are countries we would supposedly be assisting don't even have the ability to produce the vaccine even if the technology was shared with them.

what we need to do is stay the course here, protect the investment that is delivered us this vaccine and at the same time-share the vaccine, make certain that as the administration has done that we contribute vaccines to areas where there is great hardship and continue to vaccine our population so that we can lessen the risk of this virus from china. david: congressman, i don't mean to beat a dead horse here, the question i asked was specific, i know you're in the majority, you don't have the power of subpoena the way the majority does, can you get to the bottom whether u.s. taxpayers are helping to fund the lab where the coronavirus may have begun and which may be used to create biological weapons that would be used against us? i mean this is extraordinary any tax dollars went to the lab in the first place. are they still going there? >> my understanding they are not. i don't know what the biden administration is currently done. at this moment i'm assuming the biden administration has not continued that but i can tell

you that my understanding was that had ended through, during the trump administration. david: let's hope that is true. we have to keep a close eye on it because some very reputable journalists have been doing great research on this. nicholas wade among others. we have to get to the bottom of this. we will have another pandemic. we don't want the same thing to happen again. congressman mike turner, thanks for coming in. stocks under pressure, united health, bank of america, goldman sachs, honeywell are weighing on the dow today. more "cavuto: coast to coast" after this. ♪.

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almost a nightmare. i have never seen it like this before. david: the border crisis showing no signs of slowing and it really is a nightmare as five migrant girls, all under the age of seven, one was just a baby, were discovered unact conditioned, left alone -- unaccompanied, left alone near the rio grande river. fox news correspondent bill melugin near del rio, texas, with people streaming across and the same coyotes leading them across. reporter: good morning to you, like clockwork, fourth day in a row, 10:10:00 a.m. every day, this happens every day. this is the group of 53 venezuelans came across the rio grande and presented themselves here in the united states. we saw it the day before, day before that and the day before that. this was the biggest group. this problem getting out of control. the video at the top it is

heartwrenching. let's show it to you. these are five unaccompanied migrant little girls found abandoned on a farm where we are right now. a rancher found them. it was mother's day on sunday. temperatures were very hot outside. temperatures reached 103 degrees. three of the girls were from honduras, two were from guatemala. thankfully they didn't have to have medical attention. listen how old they were, one was 11 months, couldn't even work. the oldest was age 7. border patrol took them, but they will be processed at their station. the problem is getting worse. we pull video from yesterday. this is what we saw yesterday. exact same thing. massive group of migrants just crossing the rio grande. this group size was 52 venezuela lance. we had a chance to talk to border patrol number two guy deputy chief ortiz. he told us coyotes and smugglers

are purposely bringing the migrants to the location to distract border patrol from other location. >> yesterday for the first time we had only 4,000 apprehensions. you might say, that is a lot. for us when we're seeing upwards 5000, 6,000 apprehensions on daily basis. we're starting to make headway against the populations coming across between the ports of entry. reporter: border patrol is set to release brand new numbers, showing apprehensions for the entire month of april. rio director chief says he expectings numbers will be 25,000 just here in del rio just in april alone. we'll keep an eye out for that. send it back to you guys. david: very quick question, bill, do you have a chance to talk to any of these immigrants what is motivating them to take risks sometimes leaving babies alone in the wilderness. reporter: we talked to all of them so far.

they have the same story. fear the local government in venezuela. they want a better life. we spoke to a man who claim he was shot by venezuelan police. going through his side, going out his rear end. he is very fear having his face on camera. the government is very dangerous. talked to another guy who wants to get his family out of there. venezuela is not a good place to be. they want to come here for a better life. they are willing to take the risk. david: they say that about a lot of countries down there. they're getting a lot of freebies to draw them here at home. they have the stick at home, the carrot here in the united states drawing them in. bill, terrific reporting. really, really top-notch reporting. thank you very much. appreciate it. reaction from libre initiative president danielle garza. excuse me, danielle, we talked before. bottom line as i said they're getting the push pull that is leading them to the united states. the push from their own countries with the stick and the

pull from this country with the president who is essentially said, you come here and we'll treat you well? >> no, that is right, david. this is gut-wrenching stuff. the five kids you talked about left alone at the border abandoned. a reminder that the criminal element we're dealing with here, is heartless. children are a commodity easily dispensed with no longer convenient. this can't be normative. this can't be the default position. you have to ask yourself, too, david, what parent would let children go along into this helloish situation? i think desperation for entry, i think it is being triggered, almost given hope by the administration that is naive what their words or actions are incentivizing in the dangerous trek. it is awful. david: it goes beyond naivete. it goes to avoidance.

they're blocking out images from the border f5 children under the age of seven are left in the wilderness, if that is not a crisis, i don't know how you define human characteristics? >> yeah. i think representative tony gonzalez, district 23 in texas said it best. he posted a tweet and the sentiment, i mean he expressed the sentiment of many when he said enough is enough. let's work together to solve this crisis. and i would ask the biden administration, other democrats to take him at his word. he is already joined with the representative cuellar out of my district here along the border in texas to propose legislation that would reform our asylum process so that the system isn't gained. so that we have other resources to we bring to bear to address the situation. david, we're talking about substantial resources here. 300 asylum officers, 150 immigration judges, 300 case

managers, 600 border patrol agents. this would be a huge relief to a lot of folks forwarded to major detention centers that -- david: daniel, let me ask before you go, you talk about substantive action. i don't see any substantive action from the biden administration other than the fact of moving individuals -- talking about substan tiff action to stop the flow. stop children being left alone in the wilderness. stopping coyotes making hundreds of millions of dollars by their human trafficking. i don't see substantive actions that an executive could take to stop that flow. do you? >> i don't. honestly i think a lot of americans are really frustrated and infuriateed that vice president harris hasn't addressed this issue even though she was assigned to it. she was derelict with her duty.

dismiss her and have biden step up to the tough challenges. we need a spirit of bipartisanship to get something done. a lot of americans are feeling burned by the empty rhetoric. david: as we just heard from our reporter who has been doing terrific work on the border, when he talks to the people, particularly ones from venezuela, could be the same from guatemala, wherever, is that the governments that they're fleeing from. one guy, showed a bullet wound that he had from one of the protests in which he was shot by police in venezuela. i have no doubt that is true. knowing somebody about the region. if foreign governments are the problem, why would sending them billions of dollars which is this administration's solution to the problem, why would that help at all? we would be empowering those people that are forcing the exodus? >> it would not. you're talking about corrupt governments with a bad system of governing. a bat economic system where top

down totalitarian approach to the private sector. they keep it sheikh shackled. not free to unleash entrepreneurial spirit. they're not generating wealth or allowing citizens to generate wealth for themselves and others. when you have that kind of situation, i heard venezuelans stopping said i want to have a life. there is desperation set in in venezuela, in the northern triangle, you're absolutely right, there is a massive push factor, luckily we have massive magnet factor here in america. we continue down the road where we continue increasing taxes, increasing regulations, stopping energy development, it will not be like that too long. david: well the bottom line, this is a crisis. if you refuse to recognize that, you're going to go nowhere at all. daniel garza, great to see you again. thanks for being here.

really appreciate it. >> thank you, david. david: well days of tense clashes in jerusalem leading to a growing divide inside of the gaza strip. we will have a live report from israel when we come back. ♪. wealth is breaking ground on your biggest project yet. worth is giving the people who build it a solid foundation. wealth is shutting down the office for mike's retirement party. worth is giving the employee who spent half his life with you, the party of a lifetime. wealth is watching your business grow. worth is watching your employees grow with it. principal. for all it's worth. trelegy for copd. ♪ birds flyin' high you know how i feel ♪ ♪ breeze drifting on by 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.

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♪. david: tensions exploding overnight between palestinians and israeli security forces as hundreds of new rockets lighting up the sky. trey yingst is live in israel with the very latest. trey? reporter: david, good afternoon. the past 24 hours rockets have rained down across israel fired from factions inside of the gaza strip. we're getting new numbers from the israeli defense forces say 480 rockets have been fired since 6:00 local time yesterday, where hamas, the group

controlling gaza fired rockets at jerusalem over tension between israeli police and palestinian worshipers during the holy month of ramadan. there is a lot of attention for jerusalem. but the focus of the region shifted to the gaza strip where israel is responding with airstrikes against factions. 28 people have been killed. several children as well as the israelis launch their own retaliation to the rocket fire. islamic jihad and hamas have tried creative methods to get around israel's defense system, iron dome. the a school behind me was hit by a rocket when the rockets slipped by the missile defense system. look what it is like with our crew was reporting earlier today. hamas once again is trying to deceive the israeli iron dome missile defense system and firing different barrages of rockets so that it can hit different targets inside of

southern israel. the sirens right now are blaring all around the city of ashkelon, warning people they need to head for bomb shelters. you can hear the interceptions right now. two israeli civilians were killed in rocket fire earlier today. dozens are injured. when you get to the core of all of this, it is civilians that pay the biggest price both here in israel and in gaza. egyptian mediators, cease-fire negotiators will work together next several days to cut a deal between israel and hamas. if tonight there is any indication, days of conflict ahead. david: very quickly, i'm wondering what started all of this again? it seemed the middle east was entering into a period where there were relationships between israel and various arab states that had never happened before, that there may be peace. is this the plo in the middle of that or the palestinian authority trying to get some of

its juice back? what's behind this? reporter: you make a really interesting point, david. this comes amid a very tumultuous time not own lid for the palestinian authority but also the israeli government. the political situation here is a mess. both sides of the border have been saying that. when you look around, the focus was on politics and not so much on conflict. but what started this recent round of violence has to do with two separate things. one the neighborhood in jerusalem, a neighborhood where palestinian families could face eviction if a court order currently being reviewed by the supreme court of israel is not overturned. the other issue has to do with ramadan, holy month for muslims. clashes that erupted at the mosque in jerusalem. we saw some of the most violent clashes in a decker cade happen in the holy city. factions inside of gaza warned israel the police didn't leave the compound they would fire on jerusalem. they did just that. david: the perfect storm, trey

yingst thanks very much. appreciate it. hollywood is meanwhile is canceling itself. why nbc won't air the golden globes. that's next. ♪ when i was young ♪ no-no-no-no-no please please no. ♪ i never needed anyone. ♪ front desk. yes, hello... i'm so... please hold. ♪ those days are done. ♪ i got you. ♪ all by yourself. ♪ go with us and find millions of flexible options.

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♪ david: woke hollywood is telling itself to wake up. nbc is dumping next year's golden globes over its so-called lack of diversity. back with our panel, jonathan hoenig and carol roth. carol, this is little like one of those stories you see on the babylon bee. hollywood is now canceling itself. it is come to that point. >> well, david, i only follow the money. let me give you a little bit of the economics behind this. nbc is in the middle of a an eight-year deal where it promised to pay $60 million a year for the broadcast rights to this. this past march when they aired it they only drew 6.9 million viewers which was down like more than 60% from the previous year. so i don't mean to be completely skeptical but seems like a

really good time, oh, we're all for cancel culture, all of sudden paying $60 million a year to get 6.9 million viewers. david: that is very -- you get further following the money than trying to understand the philosophy of all of this, right, jonathan? >> there is no question, david, award shows long outlived their usefulness, utility, or really the interest to most viewers in the age of the internet. no question they're looking for a way to get out of the deal. you can't deny the hollywood press foreign association has pretty serious accusations. one you mentioned there is lack of diversity. there is accusations of straight out sexism when it comes to interviews, et cetera. they were canceled. a lot of celebrities don't want to be associated with the hollywood foreign press anymore. that is the death snell. david: carol, sexism in hollywood, i'm shocked, shocked! how many years, how many decades have we seen james bond movies,

et cetera, it is part of what they do, right? >> i mean just not just on the screen but off the screen. i think it is not a really big secret hollywood is a complete and utter mess, if they were to cancel everything that had issues because of diversity, sexism, weird payments and whatever else, there wouldn't be a whole lot left in hollywood. that is the problem when you get into the cancel culture cycle where do you draw the line? david: bingo. i think you got it, carol. jonathan, their very much as well. inflation fears weighing on wall street. the dow falling over 600 points right now. the nasdaq is taking it on the chin as well. where does all this end? we'll be right back to tell you. ♪ ♪ (upbeat music) ♪ ♪ ♪ ♪

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david: welcome to the second hour of cavuto "coast to coast" i'm david asman in for neil cavuto. well stocks sell-off accelerating as job openings reach a record. can president biden keep ignoring the problem of extra benefits? plus, potentially misleading numbers from the cdc, even the new york times, saying that officials hiked up the outdoor spread of coronavirus, and nfl legend tiki barber joining us with his take on the prospects

for tim tebow whose coming back to the nfl. the top story this hour, the blue states spending beginning. the biden administration is going to start doling out $350 billion in relief funding, the state and local governments this month, and states are free to use the money for things like new stimulus checks, to help governors get re-elected. blake burman is live from the white house with the very latest. reporter: hi, there, david, good afternoon you'll remember in washington this was a big debate back and forth of $350 billion ended up making its way as a crucial part of the american rescue plan back in march. let me sort of try to break down real briefly exactly how this $350 billion might be spent all across the country as it's being sent out in the upcoming days. a little more than half, $195 billion will be sent directly to states, and another

$65 billion sent to counties. 45 billion more to cities, and tribal governments will receive $20 billion. there's a pretty broad reach here of what the money can be spent on, for example, the treasury department says that includes public health expenses, providing aid to households, rehiring public workers, premium pay for essential workers, and infrastructure investments. the treasury secretary janet yellen saying in a statement, " with this funding, communities hit hard by covid-19 will be able to return to a semblance of normalcy and they will be able to rehire teachers, firefighters and other essential workers and to help small businesses reopen safely." now leading the way in receiving funds, california. that state will receive some $27 billion and it comes after the governor, gavin newsom, just revealed that his state is expecting a $75 billion surplus this year. so, now, he is proposing $8 billion worth of rebate

checks to households in history, making up to $75,000 a year. by the way, here at the white house, later this hour, david, president biden expected to speak with a handful of bipartisan governors to talk about vaccination efforts. david: good stuff. thank you very much, blake so this spending coming about as we get news of the record high job openings, 8.1 million unfilled jobs out there. huge number, much more than was expected president biden meanwhile yesterday dismissing claims that enhanced unemployment benefits are causing workers to avoid returning to work. listen. >> i know there's been a lot of discussion since friday, since friday's report that people are being paid to stay home, rather than go to work. well, we don't see much evidence of that. for many of those folks unemployment benefits are a life line. no one should be allowed to game the system, and will insist the law is followed but let's not take our eye off the ball.

we're going to make it clear that anyone collecting unemployment whose offered a suitable job must take the job or lose their unemployment benefits. david: we'll see how that works out meanwhile will he change his tune after today, investors are hoping so. let's get reaction from market watchers larry glaser and france us newton stacey. good to see you both. larry it seems like president biden and his staff are living in a bubble. you have not only anecdotal reporting but a lot of hard reporting for thousands of business owners who say this is the main reason they can't get those positions, those un filled positions filled. you also have the numbers speaking loudly, screaming about it's like the biden folks are saying don't believe your lying eyes. >> yeah, david it's a really good point and look acknowledging you have a problem is the first step towards recovery and washington has a long way to go before it acknowledges some responsibility for what's happening here. clearly these policies are not making the situation better.

we talked to so many small business owners and the survey called this the worst labor shortages ever, right? friday's job report clearly directly related to these policies coming out of washington and at a minimum these policies need to be adjusted but these small businesses barely survive the pandemic. they barely survive the shutdown they may not all survive, some of the policies coming out of washington, which is supposedly here to help them. and we're getting their attention today with the market sell-off. that is directly related to these policies and is the market saying it's not working. you have to change it we need some help. david: francis meanwhile these large corporations particularly silicon valley companies have been doing great during the pandemic. that's one of the reasons that california has a surplus now, is because one because they're getting money from the federal government that they don't need, because of the fact that silicon valley is pouring tens of billions of dollars into tax coffers, small businesses, though, don't have that luxury. they're the ones that have to hire the people that are on much

smaller salaries that are now getting paid more by staying at home than by working. >> yeah, that's true. there is such a divergence between the hiring culture and silicon valley and everywhere else in the country and i do think that policies should be, if it were possible, different for huge mega cap companies and smaller businesses because even tax increases and things like that are going to adversely affect smaller businesses in relation to companies that have tons of cash on their balance sheet. i do think some of this hiring shortage is a bit transitory as unemployment benefits will run out. also, i think when the taxes move higher as we suspect that they will, then some of the hiring incentive is going to kind of go away so some of these things may end up balancing themselves out but what i truly agree with is that states should be addressing this more than the federal government just because each state has a different scenario and you don't want to -- david: some states forgive me for interrupting but we're looking at states that are

rejecting some of these unemployment benefits, and they will end. it's true, larry, but the fact is, is that they're going to end at the end of the summer and it's the summertime that a lot of these small businesses were hoping to get back on their feet they need help now. they need workers now. they can't wait until the end of the summer, a lot of these businesses are going to go out for good because of what's being happening. what's been happening and what's going to happen this summer. >> it's so true, david. look think about a small business, think about a family that goes to that small business their gas prices are up more than 50% year-over-year. chicken wing prices, up through the roof, every one of these, you want to go out for ice cream milk price is up dramatically but what good is it if you can't find anyone to work in the restaurant to serve you and that's the problem is main street feels it's a regressive tax, it's going to hurt the working families in this country, these policies are contributing to inflation, the market is taking notice, tech stocks don't like inflation either. david: no, they don't.

that's for sure. gang, stay with us we'll be talking more about inflation, the effect that's having on the economy and investors coming up but meanwhile government officials are pushing for more protections after the colonial pipeline hack. president biden says he is prepared to take additional steps after the fbi confirmed that criminal group "dark side" that's their name, is the pipeline hacker. the biden administration reportedly considering to help the private sector prepare for future hacks. fox business hillary vaughn has all of the details on that, hi, hillary. reporter: hi, david. well dhs cyber chief brandon wa les testified before the senate homeland security committee today and he said they still do not have all the technical information they need to figure out how exactly the colonial pipeline got hacked the top republican on the committee, senator rob port man says this pipeline hack is "the most damaging attack on u.s. infrastructure ever and shows that cyberattacks can have a tangible real-world impact."

the pipeline is responsible for transporting 45% of east coast fuel and now gas lines up and down the coast, are growing. the white house said yesterday, they didn't give any advice to colonial on whether they should pay the ransom to the hackers because it's a private sector company but senator ron johnson says the federal government should share information with private companies, not keep them in the dark. >> again the federal government 's role is really the information sharing, and its got to be more than a one way street it needs to be a two way street. people get attacked by the same threat because they aren't putting in place the security measures they need to be putting in place. reporter: the cyber chief says until they figure out what happened with colonial other critical infrastructure could be vulnerable. >> if the fbi had not brought you in indiana do you think colonial would contact you to ask for your assistance? >> no. >> do you think it's a problem? >> i think that there is benefit, once this is brought in quickly. >> if there's ransomware focused on colonial there's

likely ransomware focused on other critical infrastructure as well, isn't that true? >> that is true. reporter: and david, there was a lot of talked to about a relief fund being setup and funded, so that situations like this when they happen, that they can give companies the resources that they need to navigate the situation, and try to prevent it from happening in the first place. david? david: what a mess, hillary thank you very much. well u.s. gas prices are now headed for their highest levels in seven years, with memorial day weekend looming beyond the horizon and that's not the only thing going up in price back with our panel larry glaser and francis newton stacey. francis, everything is tied to energy. i mean that's the problem. there's so many things, your heat is tied to it, businesses that depend on energy to fuel their pumps, to fuel their machinery, et cetera. i mean, it's not just the price of gas at the pump, right? >> no, it's so true, and

unfortunately, for businesses and as we highlighted earlier, small businesses, you have so many costs going up simultaneously, particularly with debt service as well. for businesses that took on a lot of debt during the pandemic, so, a lot of these costs are going up simultaneously and it's going to crush their profit margins. david: and larry that is a great point the fact is that a lot of these businesses borrowed when things were a lot cheaper, they have to pay it back with more money. i mean, it's a mess. >> you know, if you're ibm or amazon, you can absorb these price increases, you can borrow money in the capital markets for zero. if you're a small business you can't. you have to pass it through to your customers. how else can you absorb that? it's going to cut into profit and cut into wages and going to cut into the owners so bypassing it through, we all pay it, david we all pay those increased costs families pay those increased costs we call it the law of un intended consequences and

inflationary promoting policies will affect families. once the genie is out of the bottle you can't get it back in. david: francis is one who remembers long ago and far away when inflation prices were like this when we saw inflation jumping in the late 1970s i remember that interest rates were even higher, and that is a problem that so far, we kept hearing through the recovery from the financial crisis of 2009 and 2010 that the old inflation models don't work any more, and in fact that seemed to be right through most of the 2010s or 2,000-teens if i could say that but have we come to the end of lying for that? are we going to see in addition to the rising prices, rising interest rates? >> i think an interesting point that i have heard, not heard noted on any television program, is the fact that even though rates are at a lower percentage, they are representing a larger amount of money as is indicative by the record amount of debt, and so they, the lower

percentage rates can have a much bigger effect, because obviously , we're nowhere near where we were in the 70s. as far as will this continue, controversially, i kind of agree with powell and yellen that it could be transitory and the reason is is you have a lot of deflationary pressure coming into the system later this year. if you have a taper in spending that's going to change the liquidity ratios which is something that caused things to go up. if you have people can't pay their mortgages and there are a lot of defaults on those markets , if you have banks not having loan demand, that's going to cut down on liquidity so these are deflationary pressures coming into the system in the latter half of the year. of course it remains to be seen how this works out. david: and larry, another factor that could diminish the threat of inflation is productivity. still looking pretty good, and the higher productivity you have in an economy the lower inflation is, because you get more for less, if i could simplify it.

but those situations can change, particularly if we don't have enough goods operating in our economy, because of the fact that people can't hire folks and that the raw materials are getting too expensive. >> never underestimate the productivity and the technology advancements coming out of silicon valley and at the same time never underestimate the productivity of small businesses and workforce in the united states which are second to none. at the same time, supply disruptions are real. they are creating inflation. you can't get materials even if you want to order them. you can't get a container ship, you can't get lumber or any of these things this is with us for a period of time. we will look back on this period and say what were they thinking in washington, why did they want to have this inflation when it creates pain on main street? hopefully we'll get past it and survive but it's going to be challenging. david: the main thing the economy was recovering so well. all it needed was the end of the lockdowns. the american economy knows how to grow. it doesn't need any help from those idiots in washington. most of whom have never earned

an honest dollar in their life but that's a whole other story. >> a little bit less help, david. that's what we need. leave us alone. david: francis, larry great to see you both thank you very much >> thank you. david: we've got a photo for you i want to take a look at it shows three university of massachusetts students at an off dashcam pus party, without masks , we blotted out the top part of their face because we don't want them to get into any more trouble. that photo got them suspended. more on why, right after this. >> ♪ ♪ ♪ ♪

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david: and welcome back. a massachusetts college suspending three freshman for reportedly violating covid-19 health policy, even though they were off campus. fox news correspondent molly line is live in boston with the latest. reporter: hello, you really sum med up the crux of this story is these three students at u- mass amherst were suspended for braining the covid-19 health -related policies in place at the time this photo was taken they were maskless socializing off campus as you mentioned, and that photo was sent to the administration, which got this

ball rolling. the picture shows the women outside, they were gathered at a large event without masks on, their parents say they've since been kicked off campus, out of virtual classes, not able to take their finals, essentially suspended and that has made for this semester being a total loss. the parents spoke out this morning on fox & friends take a listen. >> my daughter took out loans on her own to pay for school but this is costing us way more than $16,000. my daughter is devastated. she is broken and crushed and she doesn't even want to continue. reporter: the parents argue consequences have been doled out unfairly noting a video of u- mass hockey team celebrat ing a championship win in april, which some students and players are not wearing mask s in the video. >> it was absolutely no precedent set from a suspension perspective, so our take is that if they say they did something wrong, okay they did something wrong, and the punishment is endured for the last two months

has been more than enough, and the suspension is draconian. reporter:u-mass released a statement noting more than 10 students were suspended following the weekend of march 6 and 7 when the photo of the girls was taken when the campus was under elevated risk and large gatherings prohibited. a spokesman writing expectations regarding student' responsible to follow public health protocols and the consequences for failing to do so were clearly communicated to students before and throughout the spring semester, and students were updated regularly as conditions changed. now, the parents of the three freshman are exploring potential legal action at this point in time. david? david: what an era we are living through. it's just crazy, this era. molly thank you very much. now, we have johns hopkins professor of public health and fox news contributor dr. marty m akary here to talk about this. are colleges and universities crossing the line here, doctor? >> well, they are, david but

they are really just following the guidance of the cdc and i think what you're seeing and the absurd it of some of these activities right now, limiting activity is it's a direct consequence of the cdc's out of step policy and i never thought i'd say this , david, but please , do not listen to the cdc the policies are outdated, they are misleading, they are un scientific and they are often based on flawed studies people need to listen to their local doctors and use common sense. david: now doctor, that statement that you just said, could get you banned from twitter, could get you banned from youtube, whatever social media you desire, you could be off of for saying that. you're saying that the cdc guidelines are wrong, that you know more than the cdc does. that's quite a statement. >> yeah, look i'm not afraid of being banned its happened once before and it's kind of cool to be banned from those platforms but let me tell you they're moving the goal posts. they had said as public health officials when we get to less than 10 cases per 100,000 as a daily count that's when we get back to normal and remove restrictions.

well most of the country is there right now using their own metrics, so we've known for a long time that the outdoors is not an area of transmission. the virus quickly diffuses in the open air and what we're see ing right now is archaic policies creating a lot of confusion. we can't have the cdc adjudicat ing every aspect of american life. we're at levels 10 times below that of a mild flu season in the middle of that flu season we've got to start moving on. david: but just to put a fine point on it you believe that cd cdc guidelines are out of step with the reality of the situation. >> that's right. they are rigid, they don't change, policies by nature are there indefinitely and really what you're seeing at the university of massachusetts amherst is a policy set months ago back when they had increased cases in young people and they haven't undone it. we can't have policies that are in place too long. we've got to remove them as aggressively as we put them into place. david: and now we know things, i mean, maybe you can excuse some of the daniel cone yankees efforts made in the beginning

which were dead wrong and the contradiction, et cetera but now we're learning more and one thing we're learning by the way is the lockdowns themselves were not effective in many cases and in many cases you were safer if you want to work than if you stayed home, right? >> that's right. research is showing now that the precautions taken at the workplace are better than the precautions taken in one's home and by the way, people cannot stay in their homes for a year because what happens in reality is they congregate, they get together and they do things, people do that especially when the public health officials have lost a lot of credibility as they have right now, and what you have is indoor gatherings without masks without precautions at the workplace you have precautions taken, and that's why the new research is showing that if we would have stayed open with precautions at the workplace including indoor masking, we would have been better off than the stay-at-home orders. david: another subject and you're not afraid of going out on a limb on some of these things so i know you'll answer it, vaccines. the biden administration as you know, wants to strip a lot of

the patents from these companies that have spent years just that clearly precede the pandemic itself, some of them have spent 30 years working on these patent s for these vaccines, the mrna vaccines. the biden administration wants to strip those patents of these companies. they say it'll save lives, but could it end up costing lives in the long run? >> well, i think it's being framed incorrectly because if somebody is presented with a question, should we protect ip for profit versus save more lives of course people will want to save lives but that's not the decision. as a matter of fact, merck tried to give away their vaccine for hepatitis c back in the 1990 it took four years to stand up manufacturing. there's a limited number of experts that specialize in this particular vaccine manufacturing. we don't want to dilute them from their current responsibilities to stand up manufacturing from scratch. it'll take at least a year and we're going to dilute current efforts and finally the moderna patent has been open to the public. they announced it last october. anyone can use it and you don't see people standing it up.

david: right and in fact these decisions by the biden administration could empower the chinese that people unleashed the virus in the first place. >> look when you license out a patent, you can do quality control. when you give it away and put it out there, you can't and we saw in baltimore r there was contamination in one of the vaccines. we throughout that batch. are they going to do that in china and india? i don't think so. david: and as we have seen, the chinese vaccine, i think it's called sinovac, where its been tried in brazil and in india and now there's a study from say shells which is basically an island community, and more easy to monitor, where they use the china vaccine and you have people reinfected after getting the vaccine. >> that's right. the efficacy is somewhere between 40 and 60% doesn't work as well. why not use the vaccines that work well? there's plenty to go around right now, the manufacturing is coming off the line very fast and that's what makes the most sense and by the way they could focus on first doses, delay

those second doses, and stop immunizing people who are already immune from natural inflection, learn from our mistakes. david: and learn from the success of the united kingdom. dr. marty makary, thank you very much for being here, appreciate it good to see you. well, teacher's union president randy winegarten dodging when asked by fox about teaching critical race theory in schools. joe concha on the backlash, right after this. ♪ ♪ ♪ ♪ that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker.

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david: welcome back to "coast to coast." american federation of teacher's president randy winegarten defending the teaching of the 1619 project and critical race theory in schools. jonathan hunt is in la with more

reporter: david this is a debate of course going on in schools and living rooms across the country, as ethnic studies courses and social justice standards are introduced in many public schools. some of those courses teach the history of the first slaves being brought to the u.s. in 1619, leaving critics to say children are being taught that the u.s. was founded on the basis of slavery, and leading to this exchange between our own martha mccallum and american federation of teacher's president. >> do you favor teaching students that 1619 is more important than 1776? do you favor that? >> i favor us teaching about 1776, which i have often done. i favor us teaching about 1619. i also favor us teaching about the holocaust and the genocide in terms of the holocaust. >> the introduction of various usually elective ethnic studies

courses has led to parent groups across the country mobilizing to protest. here in southern california, the los alamitos school district has a public meeting scheduled this evening to discuss adding social justice standards that are being proposed for all k-12 students. standards that include those students recognizing, " traits of the dominant culture and injustice at the institutional or systemic leve" some parents argue that kind of teaching creates more division, supporters say done right, it can help us all. >> at least the more sensitive proponents of ethnic studies are saying just the opposite that actually, we need these kinds of studies to help create the glue to hold us together. >> david after our reporting on this issue last week the los al amitas school district moved tonight's meeting

from in-person to online only, apparently warned by law enforcement who are concerned too many parents might show up to protest the new curriculum there, so these courses really leading to tensions between parents and teachers and different groups believing different things, david. david: too many parents, parent s who should have control over their local school system. that's kind of an oxymoron, but at any rate, we'll try to work it out, jonathan, thank you very much. fox news contributor and hill media columnist joe concha joins me now. you see what i'm saying, joe. too many parents, the fact is it's the parents that are supposed to control what goes into their kid's minds. i mean that's why we have local school systems that's supposed to control this , not a bunch of politicians in sacramento or god forbid, washington d.c. >> david as a parent of five and seven year seven-year-old my kids are entering the public school systems and parents have almost no say in anything in terms of how their kids are

educated or anything that had to do with covid protocols which were far too tight like in new jersey just like across the country based on the science and the data saying that it was perfectly safe for kids to be back in school, even if teachers weren't vaccinated they are all now. but what we're learning in schools is all about race, it seems. it seems like there's an obsession about this and again i agree. we should teach about our nation 's history in regard to that, but we're not teaching kids things that actually prepare them for the real-world. like a little list for you how about opioid abuse, in terms of an education around that. there's a crisis going o on across this country, how about managing good credit when you get to freshman orientation at college they practically throw credit cards at you like you're eligible and half these kids don't know paying the minimum payment is a bad idea or not paying could ruin your credit for your whole life, saving for retirement as well should be taught more in our schools or how to interview for a job or

maybe social media and e-mail" etiquette sing we're obviously communicating more and more that way, but instead we're now learning about how wait a minute , the revolutionary war was predicated on preserving slavery, no. i believe it was that whole taxation without representation thing. david: [laughter] i remember that and it's the way the media covers it, you know, parents against anti racism studies, you know? it's as though that's all there was to it when in fact there's a lot more to it. i want to switch to another story that is also below the radar of the mainstream media, the crisis at the border. in the beginning, they were covering it. i thought relatively well, i mean, there were standouts like abc went down to the border and did some excellent reporting, finding out from the immigrants themselves what was driving them across the border. now, you don't hear anything and yet you see these extraordinary images a group of five children that were found all of whom were under seven years of age, one was an infant, they had just been left abandoned by the rio

grande. you would think, by the way, this is a kind of emotional story the media would jump on but just silence and i think that's shameful don't you? >> silence of the lamb, david. this is obviously a crisis, a catastrophe going on at the border right now, tens of thousands of unaccompanied minor s in u.s. custody in dangerous conditions and it seem s that the biden administration's plan on this worked which was okay impose a media blackout at the border and wait for a new cycle to see where the news media lose s interest and they want to focus things like liz cheney and the supposed gop ceremony and maria bartiromo did an excellent report from there last week but it appears they're board with the story and we don't hear about kids in cages anymore, i believe that was retired when we aren't referring to those migrant facilities in that capacity anymore.

david: in fact now it's kids under shells they are playing the shell game saying see this place is empty when right next door a new facility is packed just as packed as the other one was and again that's the sort of play that politicians do that the media use to expose with the exception of fox, nobody seems interested in the fact that they are playing a shell game with these pitiful immigrants. >> and i watched abc, nbc, c b cbs their evening newscast they and get more than 20 million viewers per night and this story has not been covered in any meaningful way for weeks, as the situation only gets worse, so we should be seeing more media coverage instead we're seeing a pulling away as warmer weather comes and more migrants go across our border. david: joe concha good to see you, joe, thank you very much appreciate it. well the road to recovery kenosha, wisconsin businesses still rebuilding after rioters demolished stores while demanding social justice. we will be speaking with one of those business owners right

after the break, stick around. >> ♪ ♪ ♪ ♪

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david: bringing businesses back to life. nine months after the riots that followed the police shooting of jacob blake in kenosha, businesses in the small wisconsin community are still rebuilding. grady trimble is live in kenosha with a look at one business that's recovering after being completely destroyed. grady? reporter: hey, david. this is ed's used tires, and we're pretty much in the heart of where those protests and riots happened last summer where several buildings were destroyed in fires. they tried to do it to this building, but they weren't successful. that's because linda tolliver, the owner showed up right after it happened and pretty much put

a stop to that but people might be surprised. this has not been an easy re bound for you. its taken quite sometime to get back to business. >> yes it takes quite a while for people to realize that we didn't get destroyed that we are still open, and the neighborhood has been great but as the city government hasn't been as supportive as i would have liked. reporter: that's a shame. describe what it looked like even up until a month ago the boards were still up? >> yes my boards just came down about six to eight weeks ago, it was a very big relief to all of a sudden feel like i was not in a cave anymore while working to be able to take my customers through the front door instead of having them come in around the back. it's still an issue, just getting people to realize we're open because all of the other businesses in this area, a lot of them have closed and moved. reporter: some of them have found new locations, others haven't been able to open it it alabama. i understand you're in the

process of applying for a grant that would help you get back on your feet. how helpful would that be and why do you still need that? >> that grant be amazing. i'm hoping to get it. i'm not 100% sure yet, i still have to apply, but it would allow us to get the things that we have been putting off because of lack of revenue from the business being slowed down a bit, and just having to do all of the repairs and get things backup and running again, stopped me from doing simple things like replacing our service door that was broken or to get a furnace that has been needing repair for a while. i had to put all those things off so that i haven't even gotten a new safe yet. reporter: we wish you the best of luck. i know that was stolen last august and we hope it doesn't happen again as we head into this summer but some, we'll end on something encouraging david which is that they are back open for business, and moving forward and hoping that things stay peaceful. david: great, yeah, and that is important, and that is a blessing, best to that store

owner, she's been through a lot. great stuff, grady, thank you very much. well, meanwhile right here in new york city, there is growing debate among the country's biggest banks over when it's employees should return to the office, and how. charlie gasparino has the latest o in that hi, charlie. charlie: david, i guess the best way to say it's a tail of two wall streets that's going on here. jpmorgan and goldman sachs, jpmorgan the world's biggest bank and goldman, the white shoe investment bank, plan to have most of their people in at least 60% of the time by the summer. those are edicts from jamie dimon, the ceo of jpmorgan and david solemon, the ceo of goldman sachs. they are really worried about compliance issues and they want their producers back in the office at least 50-60% of the time. now, contrast that with ubs, msnbc, bank of america and citigroup, they are all planning

to have much more of their workforce in the office by labor day, just to slowly gradually bring them in, citigroup, for example, tells us they want 30% of their workforce in by the summer, so it's interesting, it's a tail of two wall streets. why are the other banks not coming fast enough? well, or sooner i should say? they are getting a lot of pushback from their employees, unlike david solemon and jamie dimon, the ceo's of those banks essentially relented to employee pressure, to spend more time at home, so that's what you got here. it's interesting, david solemon and jamie dimon both have a very strong hand at their banks. some of these other folks are listening to their employees more, but that's what we're doing here. david: listening to, and maybe getting pushed around a little too. by the way we're just talking about crime and the rioting in wisconsin. we had a little bit of rioting here and a big increase in crime in new york, is that part of the problem why people are reluctant to get back? >> it's a great question, and

all of the wall street business groups are imploring mayor deblasio to start cracking down on crime in midtown in particular. you notice, midtown, let's be real clear here. when new york city, midtown manhattan was locked down, it was essentially a playground for the homeless, and for criminals. some of that, much of that hang over is still persisting in midtown manhattan. i go into the office three times a week now and i see it before my eyes there was a shooting in times square just last week where i think a baby was shot, and it's a really terrible crime situation in manhattan. particularly in the financial in midtown, david, and they are imploring deblasio and governor cuomo to crackdown on crime and whether it's happening i can't tell you because the numbers speak for themselves and they are off the charts. david: and deblasio doesn't seem to be aware of exactly how

to deal with the situation, keeps talking about gun control when in fact we know there are a lot of other things involved besides that. charlie we got to leave, thank you very much appreciate it. coming up tim tebow reportedly getting a second chance to play in the nfl. what nfl legend tiki barber thinks of that, coming up. there's interest you accrue, and interests you pursue. plans for the long term, and plans for a long weekend. assets you allocate, and ones you hold tight. at thrivent, we believe money is a tool, not a goal. and with the right guidance, you can get the financial clarity you need, and live a life rich in meaning, and gratitude. to learn more, text thrive to 444555, or visit thrivent.com. ♪ why do you build me up ♪ ♪ (build me up) ♪ ♪ buttercup, baby ♪ ♪ just to let me down ♪ ♪ (let me down) ♪ ♪ and mess me around ♪

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no payments for eighteen months. david: it is tebow time again its been six years since tim tebow has been with the nfl and now it's reported that jacksonville wants him back in, but not as a quarterback, the team wants the p 33-year-old to play as a tightened. does this make any sense at all? reaction from former nfl star ti ki barber great to see see you again its been a long time. what do you make of this ? oops. david: tiki, i don't know if you can hear me and i think you can but we can't hear you. >> there we go. david: all right, what do you think? >> my apologies. i think this is great and great to see you again, david. i apologize for having my volume down but tim tebow is one of those guys you just want to root for he's 33 years old been out of the league for a long time, but he has great relationships

with a lot of people, including urban meyer who he won two national championships down in florida so he gets the benefit of the doubt so to speak, he's playing a position he's never played before, we know he's a versatile athlete because he played football and basketball, and minor league all-star game, hit home runs so we know he has the desire, the ability. the again is does it make sense? and if you're jacksonville and kind of resetting who you are and what you're all about, tim tebow is kind of the perfect locker room guy, even if he ends up not making this team, david. david: well, you mentioned urban meyer and for those , he's a very interesting coach, he's the new coach of the jaguars. i guess he came in in january something like that. he's very big on looking for leaders, and sometimes, he will put that ahead of whether a person has the particular talent , just the athletic talent is that what's going on in urban

meyer's mind the fact that maybe tebow is going to present some kind of leadership skills that will bring the team together in a certain way? >> in some ways you're right about that, david. every coach has a way of disseminating information and some just yell at you until it sinks through your skull. others they will en script, you know, locker room leaders and hopefully it's the guys who are the stars of the team who are working the hardest. they can push that message down through the ranks, and i think what tim tebow presents for urban meyer should this come to fruition is the trusted voice someone who is a winner by nature, you go back to his days in denver, even though he wasn't a great quarterback, he had five fourth quarter comebacks in 2012 which led the league, and so he's one of those guys that just has that it about him. david: yes. >> i think the jaguars need someone like that. even if it's not for big time playing, you know, opportunities david: by the way does any nfl team need a new coach named tiki

barber? >> [laughter] i don't know if i have the patience, david to be a coach. i get frustrated with guys who don't get it the first time. david: you know, it is interesting how the talents on- field don't often match the same talents that the coach has to have but god i loved see ing you on the field, i got to tell you and i miss seeing you around here, tiki thank you for coming in appreciate it. >> likewise, david be well and stay safe. david: you too, my friend well markets slammed by inflation fears and job openings, nasdac is well off its session lows, that's good as tech pairs some of its losses , we've got more cavuto "coast to coast" right after this. ♪ ♪ ♪ ♪ this is my greatest challenge. governments in record debt; inflation rising, currencies falling. but i've seen centuries of this. with one companion that hedges the risks you choose and those that choose you. the physical seam of a digital world, traded with a touch. my strongest and closest asset.

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