tv Cavuto Coast to Coast FOX Business July 20, 2021 12:00pm-2:00pm EDT
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precious cargo. there you go. >> on that note, wally -- >> oh, i'm sorry, lauren reminded me. i have one more thing, which is, christina, i might need your help on this, mom, could you come up for a second. where is my mom? okay. you don't have to come up. i can come to you. i have, i wore this, i wore this necklace, and i wore this next necklace and this feather and i wore it into space and now it is for you. [applause] would put it on her myself but i would need my reading glasses.
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[applause] >> now wally, last but not least, amelia earhart, what a lovely transition, now a space icon, what was it like? >> i can't tell you. i had such a good instructor. told us through everything we were going to do. so when i up this morning, the noise wasn't quite as bad, we went right on up and i saw darkness. i thought i was going to see the world but we were not quite high enough. and i felt great. i felt like i was laying down, i was just laying down and i was going into space. i want to thank you, sweetheart, because you made it possible for me. i've been waiting a long time to finally get it up there and i've done a lot of astronaut training through the world, russia,
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america and i could always beat the guys what they were doing because i was always stronger and i have always done everything on my own, and, i didn't do dolls, i did outside stuff. i flaw airplanes. 19,000 some hours. i loved it and i loved being here with all of you, and your family and, the four of us, we had a great time. it was wonderful. i want to go again fast. [cheers and applause] and then, when i got off the ship they gave me the tail end of one of the balloons, and i'm going to cherish that forever. >> by the way, we can confirm wally once again in training outperformed the men on the mission. 100%. >> i was going to say she beat the three boys up to the top of
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the crew access tower. everybody saw that. there is video footage. indeed, darling, you did, you did. wally funk, now the world's oweddest astronaut to ever go to space, perhaps the first founding member of our blue origin frequent flyer program? >> i'm ready for it. when i do lectures, wherever i am around the world in the night, i'm only 45. [laughter]. >> you're being generous. i keep saying everybody says oh, she is 82. i think there is a typo. you're 28, wally. we know this. thank you so much for giving us your impressions. see with our own eyes. i would like to roll the tape to see what it was like. >> ow, wow. oh, wow. [cheering]
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>> space. >> is it everything you thought it would be? >> fantastic. oh, that's great. >> move your head a little, wally? >> yeah. hi, mom, i love it. >> space -- [inaudible]. >> here, catch. >> oh, yeah. ready. here it comes. you just have to wait for it. who wants a skittle? >> [inaudible]. >> see if you can catch this in your mouth. yay! well-done. here it goes. try again. >> i got you. >> that is so good.
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oh, my good. >> whoo! >> incredible. >> i love it. i love it. >> oh, wow, wow. a little different. i cannot -- [cheers and applause] >> it was a good catch much. >> go ahead, mark. >> i was saying that was a good catch. >> wally, was it everything you expected and more? you have been waiting 60 years. >> i wish it was longer. not in space, but up in that area, could do a lot more rolls and twists and so forth but there was not quite enough room for all four of us to do all those things but it was great. i loved it! i can hardly wait to go again. >> amen. next stop for you is the moon,
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wally. >> yes, sir. >> any other i i am pressure shs i am pressure of it. what does the say seeing that right now? >> [inaudible]. >> after of course, their four minutes of weightlessness, the fun that you had, of course we got you buckled back in and you descended under those three beautiful parachutes. i think we have another video of the descent back to our beautiful texas valley. why don't we roll that rate now. >> that moment felt pretty good. i'm not going to lie. >> us too. when you see the three main chutes out that is relaxing. >> that was so easy, it was just incredible.
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>> whoa. >> i didn't feel that. >> that is because, the dust kicked up by a cushion of air, only feel like one mile-an-hour. like if you stand up in your chair and plop. [cheering] [applause] >> oh, my god. that was so good. >> our family was happy to see us. that is a good sign. >> what was that moment like coming back, seeing your friends and your family here? you have supported them, or they have supported you that is, your dreams to get to this point? oliver, your father is here, joseph. thank you so much for being here. what was that like? >> it was a bit more emotional than i would have thought. everyone on the ground was very
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emotional than we were. we were just having fun. [laughter]. >> so true. yeah. i think our families have been extremely supportive through all of this. i think that you know, my wife was an absolute rock leading up to this which made the adventure much easier for me but i know when we came down it was sort of time to let those emotions out a little bit. so it was great to see everybody. it was a little more emotional than i had anticipated as well. >> jeff? >> i mean you know, i wasn't that nervous but my family was somewhat anxious about this and so, it was, it was so sweet, actually, to get hugged by them after landing, especially my kids and lauren and my mom and dad, really all of you guys. we have a bunch of close friends here too. it makes me realize how much i
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love you and how much i am loved. >> wally your friend mary is here. >> i'm so happy she is here. she knows what i'm going through. she was one of my flight students and i had 3,000 flight students i don't know if they get to see this or not, i felt so charged. i was not -- i was normal, normal person going up into space and that is what i wanted to feel. nothing here. >> i can confirmed while i was never nervous. she was, she was wondering what was taking so long. [laughter]. >> it is true. we had a six minute hold on the pad. are we going to go or not? what the hell. we're burning daylight. let's go. [laughter]. >> but then, wally, once we got you going, we got you fast going over mach 3. it is this beautiful rocket
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behind us here. our new shepard rocket got the team up to space. by the way it also made its landing back on the landing pad. why don't we take a look at that landing that we have here. [cheers and applause] >> that was a bull's-eye. >> absolutely bull's-eye. jeff a beautiful piece of engineering that our team here at blue origin has developed. would you like to talk a little bit why we show vertical takeoff, vertical landing being powered by this be-3 engine? >> yeah.
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>> today is not the end, right? we're going further with this technology. >> that is a helpful question because the fact of the matter is that the architecture and the technology we have chosen is complete overkill for submersible tourist mission. we have chosen the vertical landing architecture. why did we do that? because it scales. it is an architecture that can grow to very large size. we want to have experience with architectures that can grow big to new glenn and new armstrong. to have the idea you want to build big from the beginning, you want to choose the architecture. the whole point is practice. other kinds of architectures don't scale in the same way to very large size. vertical landing does. if you think about it very easily, because if you try, when you are landing a rocket vertically, you are solving what is called the inverted pendulum problem, you are balancing a
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broomstick on the tip of your finger. you can balance a broomstick on the tip of your finger. you know what you cannot balance on the tip of your finger? a pencil. the smaller the object the harder to balance. as the object gets bigger, bigger, easier to balance. this is very similar. this has more, more momentum so it is easier to get under it. that architecture scales, that is why we chose it. the other puzzling choice for people that know a lot about rockets, you would never choose liquid hydrogen for a suborbital tourist mission. it is highest, most performing rocket fuel in the world. there are two reasons we chose it. again, practice. we chose that propel ant it is what you see behind me is basically the second stage of new glenn. so every time we fly this tourism mission, we're
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practicing flying the second stage of new glenn. that is where you do want hydrogen on the second stage of a vehicle that is designed not only to go into low earth orbit but to bodies outside of low earth orbit. then the reason we chose it, it is the most environmentally benign propellant you can choose. when you burn hydrogen and oxygen you get h 20. h 20 is water. for a tourism mission that was important. that is why we chose the architecture behind me and the engineering team did an incredible job. they also built two vehicles. what you see is not really a vehicle, i can assure you the escape system was at least as complicated, hard to design and to test and demonstrate as the main booster itself. so that was, almost like building a whole separate vehicle.
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i'm also extremely happy we didn't test it today. >> thank you so much. again, congratulations to you all. with that i will turn it over to linda mills, head of blue origin to start the press conference. thank you very much. [applause] give another round of applause to our amazing, newly-minted astronauts. [applause] all right. i would like to give a thank you to our journalists who showed up at 2:30 this morning to get set up. >> thank you. >> it has been a long stay for all of you. i can't believe you guys are still smiling. >> we'll take a few questions. then we'll pose for a few photos. rachel, why don't you start, rachel with cnn. >> congratulation you guys on your astronaut wing. >> thank you, rachel. >> you said in the past the work you're doing with blue origin is the most important of your career. you recently stepped down as ceo of amazon. can we expect for you to be more
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hands on with blue origin? will this be your focus? >> yes. i will split my time between blue origin and the bezos earth fund. the bezos earth fund is about climate change and sustainability. that is, those two things. there will be a third thing and maybe a fourth thing but i don't know what those are yet. i'm not very good at doing one thing. >> will you fly again soon? >> hell yes. how fast can you refuel that thing? let's go. >> next question. let's go reuters. >> [inaudible] the second you talked about -- [inaudible]. >> so eric asked about the cadence and the capabilities. >> okay. we're going to fly the human
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missions twice more this year and what we do in the following year i'm not sure yet. we'll figure that out. what the cadence will eventually be. we want the cadence to be very high. one thing we found out through the auction process, and what we've been doing as private sales, we're approaching $100 million in private sales already and the demand is very, very high. we'll keep after that because we really do want to practice with this vehicle. so we'll have to build more booster, more boosters and to fly more frequently and we're going to be doing that. and working on operational things we do and things we learn. what practice does let you get better. we want to right now, we have a mission life, we think sometime, somewhere between 25 and 100 flights for one of these vehicles. we like to make that you know, closer to 100 than to 25. once it is close to 100 we'll
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push it past 100. that is how you great operational usability. you have to remember, big things start small. i told this yu when we got in today, sitting on the pad waiting to lift off, we had time to ourselves. i, guys, if you're willing, let me invite you, when we get up there, there will be a all kinds of adrenaline, all kinds of excitement, novelty, take a minute, take a few seconds to look out and calmly think about what we're doing is not only adventure, it is adventure and it is fun but it is also important because what we're doing is, the first step of something big. and i know what that feels like. i did it three decades ago with amazon. and we are, we are big things start small. and, but you can tell, you can tell when you're on to something
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and this is important. we're going to build a road to space, so that our kids and their kids can build the future. and we need to do that. we need to do that to solve the problems here on earth. this is not about escaping earth. every time i read an article about people wanting to escape earth. no, no. the whole point is this is, this is the only good planet in this solar system. we've sent robotic probes to all of them. this is the only good one. i promise you. we have to take care of it. if you go into space to see fragile it is you will take care of it more. this is a big vision and big things start small and this is how it starts. we're going to build an infrastructure, just like when i started amazon, i didn't have to build the postal service or royal mail or deutch post.
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there were gigantic worldwide infrastructure to deliver packages. that infrastructure today is for space is way too expensive and doesn't work but if we can practice with the suborbital tourist missions and build bigger and bigger vehicles, timelines on new armstrong, i can't really give you because we don't know but what i expand tell you is we're going to keep working at those things, step by step, ferociously. and i want to emphasize the ferociously. >> we have time for one last question. [applause] tom costello with nbc. >> tom costello with nbc news. congratulations to all of you. jeff to follow up on the question and your discussion here, how do you you make this more reasonable forever day people who would like to fly? it is pretty steep right now. how do you bring the costs down so that can be more accessible for everybody?
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>> that is a great question, how do you bring the costs down over time so it is more accessible to everyone? you have to do it the same way we did it with commercial airline travel. we're almost in the barnstormer days. this is biplanes and they're flying into a farmer's field, charging a small price to fly people around for a few minutes in the air. that is what we're doing right now. but you know where the barnstorming phase leads? to 787s. that is what we have to do. >> all right. let's give, i'm afraid all the time we have for questions today. these astronauts have had a very long day. so let's give another round for our astronauts. [applause] jeff, you had one more thing? >> guys, i have one more thing, i have a little surprise for you. i am announcing today a new philanthropic initiative and, if
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you put the slide up so people can see it. it is called the courage and civility award. it recognizes leaders who aim high and who pursue solutions with courage and who always do so with civility. now, let me tell you how i feel about. this i feel strongly enough so i actually wrote something down. we live in a world where sometimes instead of disagreeing with someone's ideas we question their character or their motives guess what? after you do that it is pretty damn hard to work with that person. and really what should always be doing is questioning ideas, not the person. ad homonym attacks been around a long time. they don't work and have been amplified by social media.
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we need unifiers and not vilifiers. people who argue hard and act hard for what they truly believe but they do that always with civility and never ad homonym attacks. unfortunately we live in a world where this is too often not the case. but we do have role models and this award, do you have another slide here? go ahead. first, i didn't tell you what the award was yet. i thought there was a slide for that. here is what the award is. you see who the first recipient is, but let me tell you what the award is. the courage and civility award is 100 million-dollar award so that the awardee, the recipient, can give $100 million to the charities, non-profits of their
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choice. and these people, these are people who have demonstrated courage. by it is easy to be courageous and be mean. try being courageous and civil. try being courageous and a unifier. that is way harder. makes the world better. we have two awardees today. they will each give $100 million to direct to the charities of their see fit. no bureaucracies, no committees, they can do what they want. they can give it to air own air their own charity or themselves. the first civility award goes to van jones. van, come up. much. [cheers and applause] >> thank you, brother.
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um, sometimes dreams come true. sometimes dream come true. and the headlines around the world should be, anything is public if you believe and, lauren and jeff don't do nothing small, man. they don't do anything small. they just don't do it. they dream big. they love big, and they bet big and you bet on me and i appreciate it. and i am going to tell you, the only thing i worry about when you say courage, i haven't always been courageous but i know the people who are. they get up every day on the front lines, grassroots communities. they don't have much but they're good people. they fight hard and they don't have enough support. can you imagine grassroots folks have appalachia, the hood, native-american reservations, having enough money to be able
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to connect with the geniuses that have disrupted the space industry, disrupted taxis and hotels and bookstores, to start disrupting poverty. to start disrupting pollution. to start disrupting the 90 billion-dollar prison industry together. you take people on the front lines and their wisdom and their genius and creativity, you give them a shot, they're not going to turn around neighborhoods, they will turn around this nation. that is what is going to happen and i appreciate you for lifting the ceiling off of people's dreams. you have lifted the ceilings off of the dreams of humanity today and that is an important thing. don't be mad about it. when you see somebody reaching for the heavens be glad because a lot more heaven up there to reach for and we can do that together. last thing i will say is this, if this small group of people can make miracles happen in outer space, a bigger group of
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people can make miracles happen down here and we're going to do it. thank you very much. [cheers and applause] >> hey, guys. roll a little video we put together about van jones? can you roll that little video, please, short video. >> van has been a part of much change. he has birthed a number of different grassroots organizations. he also helped us bring together climate justice and racial justice and what that meant in particular for low income communities of color. >> you can't live in a country where you just have sacrifice zones or appalachia or the rust belt and no political party stands up for them effectively. >> he was always ahead of the curve a lot of people didn't understand him. that was always hard to watch because i know his love for people and for justice.
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it doesn't matter to him what people say. he continues to do the work that needs to be done. >> i think about what he has done within the criminal justice system. what he has done with making bipartisanship real, not just what think tanks are doing. not just researching ideas. how bipartisanship works. he has been rolling up his sleeves and doing the work in real life. [applause] >> and i know that van jones is going to do something amazing with that $100 million. i don't know what yet. i bet he doesn't know what yet. but it is in your hands van jones. however you're going to do it, it is going to work. we had lunch together couple of weeks ago and he told me that he was just, telephoning me some of his life story and he mentioned that when he was a young activist, he was angry.
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he, there is a big transformation happened over the years. he said the acronym he used was rap. reward and punishment. if the mayor or whoever it was that they were going up against did something they liked they rewarded him. if they did something they didn't like they punished them. he said honestly jeff, i wasn't very good at the reward part. i really focused on the punishment part. he changed. the transformation when you hear his story is unbelievable and profound and inspiring. and you can always, i think about this for myself, you wake up every night, when you go to sleep, you get the chance to wake up better tomorrow. now, we have another awardee. let's roll that video. >> he calls himself a pilgrim from spain, a chef who arrived here 20 years ago with just 50
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bucks in his pocket but these days it is hard to call him anything less than an amazing american success story. >> i know you. >> his love of his fellow men and women, his love of eating which he shares with all of us, he is bigger than life, a force of nature and real gift. >> a chef who won james beard awards for outstanding chef and humanitarian of the year. >> jose andres turning several d.c. an new york city restaurants into community kitchens. >> he helped feed those in disaster areas in the u.s. and around the world. >> every time i meet you there is somewhere in the world. like a superhero of food you stepped in to help feed people. >> he wants to bring people together and he uses food to do that. >> one needs food and give back so much. to people in need. without asking anything.
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♪. >> jose, please come on up. [cheers and applause] he make as hell of a paya, i tell you. i'm really grateful for this award and the incredible support from you, jeff and the entire bezos family. world central kitchen was born from the simple idea that food as the power to create a better world. i believe food is a plate of hope. it is the fastest way to rebuild life and communities and this award itself cannot feed the world on its own but this is a
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start of a new chapter for us. it will allow us to go beyond the next hurricane to the bigger challenges we face. you know, people of the world, i mean, now is the time to think really big. to solve hunger with the first urgency of now. you know the only thing we want to do is revolutionize disaster and hunger relief. people want our respect. at least we can do be next to them when things get tough. we want to double food aid around the world and we want to change the way 3 billion people, mainly women cook their food today from dirty cook stoves to clean cook stoves. you know, we think worldly but we feed locally. the pandemic drove tens of
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millions into hunger and starvation last year, this year. the climate crisis is driving millions more across borders. we can and we must respond together. governments, business, non-profits, every single citizen. other families for sure but to keep our world safe is stable and sustainable. we will be there with our boots on the ground when disaster strikes. we also will shoot for the stars, jeff. fighting hunger and the causes of hunger. because you know, whether you are on the ground or on the top of the world it is obvious that we, the people, we are one people, one planet sharing our daily bread together. i always say that i believe in longer tables, not higher walls. you know, jeff, let's go and
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let's save the world. thank you, thank you. [applause] >> longer tables and not higher walls. that's incredible, jose, and i know, i don't know what you're going to do yet, but i know whatever it is you will figure something amazing out to do. i know you will and you're just an inspiration, a huge inspiration, thank you. >> we're going to take a photo, if that's all right. a lot of our journalists would love to get a photo of the three of you together. >> -- look good? >> perfect. [inaudible]. can.
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[cheers and applause] >> all right. thank you all for joining us. this wraps our press conference. i'm going to let oliver lead our astronauts out. >> thank you, guys. we know it is not easy to get here. you put a lot of work into coming to this launch and supporting us and i hope you had some fun and i hope that it was inspiring for you as well, but no matter what, thank you for coming, very much appreciate it. thank you. [applause] >> all right. what we're going to do next, we're going to have the opportunity for you to get back -- neil: you've been watching something, historic moment when the world's richest man goes into space and another trend we had been witnessing in the evolution of one jeff bezos is sharing more of that ample wealth for a variety of causes, using today's rocket launch to
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commemorate and recognize two individuals who he says have been giving selfless service to mankind going forward. they include jose ramos andres, the spanish american chef behind the world central kitchen, which is devoted to finding meals for the poor the world over. van jones, cnn contributor, known more for his redemption project for those in need. these have been causes of jeff bezos. you might have been recalling here a good deal of the moneys that he has been raising from these multiple bids that we've seen, certainly to hop on board his flights, better than 7760 bids, are people willing to plunge down millions of dollars to get fly in this spacecraft it, translated into tens of millions of dollars all of which jeff bezos he indicated he wants to give away as he is giving a larger share of his fortune
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away. many critics of his said why did you wait for this? the fact of the matter is he has been giving a good deal away without much notoriety or attention akin to the gates foundation but the fact of the matter, i don't think i am imagining it he sped the process up dramatically. before we spread out to look at the implications of this launchs as brief as it was, in that time scoring four new astronauts into space. don't matter how briefly you're up there, you count as an astronaut when all said and done and certainly signals from bezos today that more is on the way. two more suborbital missions planned before the end of the year. maybe some additional ones next year. he did reveal after new shepard, named after alan shepard, the first u.s. man to go into space 60 years ago, 1961, the next wave will be new glenn, named
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after john glenn, the first american to orbit the earth. something else intriguing the new armstrong which could be for interplannette terri travel, little-known when he was a kid watching people on the moon he would be providing assets for something further than that we got indications today, mary wallace, if you think about it, she is already, she is already on board for another, another mission, already volunteered herself for that. if you think of miss funk, 82 years young, she was part of the mercury 13 group of women who went through a lot of the same tests the men did in mercury 7 astronauts but that program was later shelved and not a one of those women got a chance to fly because that was not something women were thought to do or much of a market for them to do it.
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that was then. she gets her few minutes in space now. if she has her way, many opportunities going forward. you may ask why is a business network focused on these developments and taking them essentially wall-to-wall as they say in my business, because your own personal opinions on jeff bezos and his business dealings, starting out from scratch that is matter -- this is continuation of a trend that now lately has been put on steroids, if you include rich ard branson and elon musk. they have all invested tens of billions of dollars even with government helping them along, billions more in unique partnerships to usher in the new era of space travel and the leverage off of that with a host of other industries mr. bezos made clear. way beyond blue origin to the heavens themselves. you might be noticing stocks are sprinting ahead. you might notice amazon went into the day, obviously the company that jeff bezos created down. it has since moved up, so kind
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of wiping out some of the losses amazon was experiencing yesterday. he took himself out of the day-to-day running of amazon. he has bigger sights on bigger skies if you will quite literally but the fact of the matter is, this shows the future of space travel because he has made it very, very clear as has mr. branson, has elon musk, the earth, whether suborbital or not that is for starters. they want to go to the moon, they want to go to mars. they want to go explore the solar system as jeff bezos said. we're the best bet in this bunch. earth is something you have to defend and keep and respect and honor and he will do just that. jeff flock is following all of this morning in van horn, texas, to take in the launch. when you think of space venues, i think, jeff, fair to say, people would not have mentioned van horn, texas.
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why van horn, by the way? reporter: a lot of snakes here out in that countryside you see back there behind me, neil. interesting that the press conference took an interesting twist or turn maybe we didn't see coming but here is the notion how it all fits together. maybe space something that unites not only america but the world in some way? we're all sitting on the same big planet here, exploring beyond it, maybe everybody can get behind that. that is a notion. this certainly inaugurates, we used to say the sky was the limit for anything, this inaugurates the notion you can, maybe if you have enough money or price comes down, take the same trip and the sky won't be the limit for you. if we have pictures, i think freshest pictures were ones from inside the capsule where guys were floating around. i think everybody would like to go on that ride in some ways. if you didn't eat too much breakfast. they were throwing skittles at
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each other. the thing that bezos said most surprised him about, about the trip, was the wait the weightlessness experience. this is how he put it at the press conference a home ago. >> the zero g piece may have been one of the biggest surprises because it felt so normal. it felt like, almost like we were, as humans evolved to be in eonment by i know is impossible, i know was peaceful, serene and floating. it is much nicer than being in full one gravity. it is a very pleasurable experience. reporter: yeah. i have had some unpleasurable experiences with gravity myself as some people perhaps can relate. this vision of the bottom line, neil, i don't know how it could have gone any better, from the launch. bezos at the press conference made reference to the notion that the launch is powerful and
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ground shaking. we felt it here as you can imagine. what they're burning up there is liquid hydrogen, liquid oxygen. you put those two together, what do you get? you don't get carbon problems in the environment, you get water. it is environmentally interesting pursuit. and then you know, the way it ended the perfect landing, the weightlessness and landing went flawlessly. it went how it was supposed to go. you heard everybody on our air there in the press conference say how excited they were about it. maybe they will be a lot more people excited. one final thing i will leave you with, one of the things bezos said i thought was really interesting too. he said i want to thank all the amazon employees and all the people that buy on amazon but essentially they helped finance this and get this some ways literally and figuratively off the ground. now people coming in, people paying for space travel, maybe they're going to you know, help
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fund the next steps in space exploration taking care of our world. couldn't we all just get along on this planet and go out together an explore the rest of whatever is out there. neil. neil: there is a concept, my friend. i do believe, with all the money i spent on amazon between me and my wife we should automatically get seats on the next, on the next flight but i will discuss that later. jeff -- reporter: don't say you want to put your wife on the next flight out into space. neil: no, no. i get a lot of recommendations from viewers who say neil, we'll be happy to put you on the next flight. reporter: launch your butt into space. neil: exactly, exactly. good reporting as always, jeff flock. another mission of the billionaire journeys, there is no physical training necessary. all the hardships of mercury 7, gemini, space shuttle, they went through all this rigmarole.
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that is not required. i could literally walk off the set and away i go. they would look at me and say we don't think you're astronaut material. i said well, this is interesting. i find that kind of interesting. that is how demock a advertised it has becomed. ray wang would welcome developments. susan li would welcome developments. and you and i were on fox news talking about, this these guys are not inventing the proverbial wheel, giving it panache and style, big windows in the case of bezos, spartan interior and the than in the case of elon musk. richard branson is all about the marketing and the pizazz. so they bring it to a different level, don't they? >> you made the great point this morning when we were watching this rocket launch live these tech entrepreneurs, jeff bezos knows his customers, always day one for him. he knows how to make the service
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palatable and watching this today, it was so exhilarating, i thought maybe one day i can get on board, i can travel to space as well. today is a triumph of american innovation, american capitalism. you heard jeff bezos in the press conference for him that feels like something amazon which he discovered 30 years ago, big things come in small steps. for him today's small step is a bridge, a road to something bigger in the future. neil: ray, you know, we're stepping back from this and looking at the potential of all these various technologies and sort of the ancillary technologies to this. you know, people want to know how can i play this boom? i remember the early days of space travel, people were looking at companies like mcdonnell douglas, morton and rockwell and makers of tang, the instant juice container.
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i'm wondering as you crunch this how do you play it out? they're even starting up technology etfs to take advantage of this so how would you play it? >> first of all i'm hoping for a prime day lottery to get a run at getting into space but a couple of areas are important here, right? the first one is material science companies, companies that understand what is going on. we'll see meat being grown in space. see biotech play a role and growing organs and capabilities when you can build in space and micro gravity environments are much more important. those are opportunities. of course pharmaceuticals, the pharmaceutical industry will see what kind of compound and proteins can be grown there in space. you might even find a cure for cancer in space. this is just the beginning of these opportunities. what is interesting about this we've taken consumerrization and
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privatization of space to the next level while other countries are in a closed model where china runs that as state-owned for quite some time. we've gone for a open ecosystem. i think it will be a differentiator next couple days. neil: guys, i apologize with all the coverage of the press conference, that sort of truncated things. we'll thank you very much. we'll hear as we continue. i do want to bring you up to date with the corner of wall and broad with the dow jones up 610 points very close to reversing yesterday's losses. people are not quite as worried. can only surmised the run-up in virus cases around the world. still very pressing. still a big issue. eastern one of the people who were planning events around the tokyo olympics scheduled to kick off on friday did not rule out the possibility there might not be olympics. seems unlike unlikely with the time and schedule, more than a half dozen american athletes
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coming down test fog are the virus. we'll keep an eye on that. the come back of technology stocks and all the plans in washington. talk about shooting for the stars, shooting for the dollars right now, record number of dollars on two big packages that come up this week. stay with us. i created a black business accelerator at amazon. and now we have a program that's dedicated to making tomorrow a better day for black businesses. ♪ ♪ i am tiffany. and this is just the beginning. ♪ ♪
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♪. neil: all right. not as much today. not as if the virus spike in cases around the world eased a bit but the case that all the world will shut down, that eased a bit. in britain despite the hike the british government is not imposing any restrictions that may have eased the fears the world won't overreact. we're back to earnings numbers, that surprised, ibm, big blue, out with better than expected revenues with a signs a lot of brokerage houses say up graded the stock you have to be a believer, not only in economically sensitive issues but the ones maybe have not participated in the party. that and the fact that housing starts picked up unexpectedly in the latest period, 6.3%, around an annualized clip of 1.64 million units. neither expected right now. never mind that building overall
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apps, applications for future building subsided a little bit. it is relatively good news they're focusing on today. i do want you to take a peek at a 10-year note. it is easing back down to levels we've not really seen since the beginning of the year. last time i checked the 10-year was fetching 1.27%. considering the fact you think about it, little more than three months ago this was closing in at 1.75%. more like 1.70%. we're watching that. bears watching. keeping an eye on microsoft's reaction from china right now, when china said it was behind hacking attacks on it. china says that is nonsense. we have keith alexander, former nsa director, retired u.s. army general. general, you know the subject far better than i and a lot of dots do indeed point to china and i guess the question is what
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do we do about it? >> first i think what the administration is doing pushing back is exactly right. this is the greatest transfer of wealth in history and it has gone on too long. we need to push back on china to tell them it is time to stop. i'm glad to see it was not just the u.s. pushing back but the european union. this is great. we have to push back. they're stealing not only from us but everybody. that is our future. they're stealing it. we have to stop it. neil: do you think it is coordinated, general? if you think about what russia is doing, iran is doing, we've always attributed to rogue agents in those states working behind with the backing of the government, now the china thing, you know the three of them get their act, come together, that could pose a problem? >> that is a concern. i don't see that right now. i see china looking more for intellectual property and stealing that. i see russians going after the ransomware and stealing money.
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i think iran is going back after -- states, and those that support them like us. i see three different parallel paths. it doesn't mean that sometime in the future with what you brought up that doesn't impose a threat to our country. as the president said the public and private sector have to work together to defend our country. we absolutely have to do that. neil: can we just hack back, general? if they're going to play dirt with us, and they're not listening to reasonable solution s just do what they do? we have the capability of doing it. >> clearly these are things i believe the national security council will look at, what is our response. from my perspective, before we do hacking back and increase the threat landscape and attention we need to fix our defense. we have more to lose in cyber than both russia and china
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combined. we're a highly technical nation and we've got to fix that. so if i were to respond back, offer that as advice, based on my old job i say first let's fix the defense, get the country on solid ground to defend ourselves with the public/private partnership then look at options to attack back. right now it is diplomatic, it is economic, and we can start doing things in a quiet way in the cyber community. i think all those will be done by the administration. neil: got it. general, thank you very, very much. keith alexander, former nsa director, retired u.s. army general. we'll take a quick break. want to update you on the planned rollout beginning the discussion, maybe voting going on those infrastructure packages. mitt romney among prominent packages what is the rush to tomorrow? maybe we can score this, deal with this, maybe on monday but not tomorrow. we'll see.
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a choice that requires no explanation. it's where safe and daring seamlessly intersect. it's understated, yet over-delivers. it is truly the mercedes-benz of sports sedans. visit your local mercedes-benz dealer today for exceptional lease and financing offers. neil: all right, the sudden spike in cases now has included some prominent names, we're learning of white house official s they aren't, you know, defining exactly who that official is and a senior aid to nancy pelosi has tested positive for the virus, we don't know in either case whether that person
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had already been vaccinated but the fact of the matter is it is a concern at a time when we're seeing cases rise across the country, certainly across the world i should emphasize in this country despite the big percentage jump you hear the overall number is extremely low and certainly a fraction of what it was at our height with the pandemic a few months ago anyway, lauren simonetti keeping track of all of these developments and how some companies are responding. lauren: and how it affects the market, neil, because yesterday's sell-off, all on those delta variant concerns, was a blip. i mean, the tuesday turnaround you're seeing today with the dow up 650 points that's gaining steam but the question is, is the economy continuing to gain steam? jpmorgan out with a note today i'm going to quote it "we remain constructive on equities and see the latest round of growth and slowdown fears premature and overblown and they've raised their price target on the s&p to
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4,600. " wells fargo says the economy is going to grow 7% this year and that potential for lockdowns seems like a low probability, but you brought this up at the top, neil. apple reportedly pushing back its return to the office date, now until october and maybe even later. their headquarters in california are covered by those new indoor mask guidelines and those guidelines, extend to massachusetts, provincetown, home to the vacation hotspot cape cod now urging people, wear masks inside after 132 cases popped up after the 4th of july. many of those infections in fully vaccinated people. so now provincetown wants all un vaccinated adults and kids to wear masks outdoors when they can't socially distance. massachusetts, it's a covid hotspot along with florida, alabama, maine and new york, as you can see right there. nationally the delta variant is responsible for 83% of covid
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infections. so, this is the remaining question for investors. how much does this stall the recovery? the reopening plays are bouncing back in a big way today, moderna at a new high, for instance but what happens if more employers pushback those return to work plans and more cities say mask up? do you go back into lockdown? or not? or something close to it. nobody knows, but it's a topsy t urvy following the markets this week. neil: indeed, lauren thank you very much great reporting as usual. lydia hu looking at just that subject, forget whether your company forces the issue. does it make you more leary to do this when you see these spike s in cases? she's in san francisco right now , with the very latest. hi, lidia. reporter: hi, neil. yeah, bay area officials just last week we instituted a mask recommendation regardless of vaccination status and some say that brings up concerns about
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reopening and getting customers back. we're in the financial district here in san francisco, where usually before the pandemic this area be swelling with people, buffering to and from the office and that means for some the smaller businesses be getting ready for lunch time, around now, but right now you can see , they are closed with this mask recommendation reinstated, they are worried that is this going to prolong our return to the workplace with some of these larger businesses which means the smaller businesses, the restaurants still won't be able to reopen. watch this. >> as soon as i heard that mask mandates are coming back immediately i was concerned that would delay our ability to reopen our restaurants, because people and business leaders would use it as a reason to be concerned. it's a signal, certainly, when cases doubled over the last few weeks, we knew we were heading into some difficult waters, and this appears to be the case. reporter: now, just yesterday,
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we were in san jose where we saw a lot of businesses in that downtown business area, still closed. we had a chance to talk to some restaurant and bar owners. one bar owner told me that if a mask recommendation means they can avoid an all-out lockdown, again, then in that case, he supports it. >> anything to avoid being told that you can't operate a business whose expenses and costs never stop, facing the idea of another six to eight months without any real revenue coming in is not, excuse me, a very scary thing. reporter: now, just south of here in los angeles, that jurisdiction is taking a different approach. they are reinstating a mask mandate for indoor use, regardless of vaccination status but we are seeing pushback there , the la county sheriff said he would not enforce that mandate as of now, so we are ses masking policies coming back,
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neil. neil: all right, lidia thank you for that. it's interesting to know i think lidia touched on that as well that the overwhelming number of cases some say 97% i'd say closer to 99% are among those who have not yet been vaccinated, a point that dr. tom price wants to follow-up on the former health and human services secretary, former georgia congressman. always good to have you. >> thank you. neil: is it your sense, tom, that this is an over reaction to reimpose restrictions, or mask requirements inside, or even inside and outside? >> well it certainly be across-the-board. there maybe local areas where you have an outbreak, where it's appropriate, but there's some things about this delta variant that we need to keep in mind, that is that it's more contagious, that if you haven't been vaccinated, then it's likely that you are at greater risk of getting the delta variant infection, but
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vaccination is best and it provides virtually a wholesale protection from the delta variant. now we've got a lot more to learn, but it's important for people to put all of this in perspective. we've kind of had public health 101 over the last year and a half and we need to remember that absolute lockdowns seem not to work any better than the kind of opening of society and being careful, wearing masks, distancing, watching vulnerable populations very closely, and getting vaccinated. those are the things that are important. neil: do you think your old boss , president trump, who has pushed the vaccine certainly when he was in office and he had one himself, that this is a good idea? there seems to be some reluctance, some say stubborn ness among some in the party who say, you know, no way in hell, and we don't want to hear from anyone who lectures us on getting the vaccine. what do you think? >> well, it's important just to look at the science and the
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medicine if you will. as a physician i can tell you it's very very clear if you've been vaccinated the likelihood of you getting an infection that has severe consequences is very very very small. if you haven't been vaccinated, then the likelihood is that you are at greater risk of getting the infection and that infection being much more severe than it would otherwise be had you had the vaccination so it's extreme ly important to get vaccinated. the flip side o of that is there are certainly populations that likely don't need to be vaccinated to the degree that many individuals are pushing. children under the age of 12, for example, the likelihood of getting a severe case of the disease if you're under the age of 12 and healthy, if you have co morbidities if you have other diseases then that changes, but if you're a healthy child under the age of 12 then the likelihood of needing the vaccine is not great. neil: all right, a number of athletes i think a half a dozen of our athletes, doctor, we've known at least two dozen from other countries either the staffs or the athletes
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themselves have been testing positive for this. i think four have been put aside in quarantine because of their exposure to those who did test positive. if you were making a call in the olympics and we heard that one tokyo official had said it's never too late to pull the plug on this , i'm paraphrasing, would you pull the plug on the olympics? >> no, not at all. you've got basically a bubble situation where you've got protective population, by and large a very very healthy population, the paraolympic athletes maybe different but in terms of the olympics by and large a very healthy population. the vast majority of them have been vaccinated, not all, but the vast majority of them have been vaccinated, and they are getting tested and tracked with their contact tracing and the like, so i think that it is as safe an environment as you can have right now in japan, remembering that japan is a nation that hasn't had the kind of vaccinated levels that we have or that other nations have , so it's important that they remain in that bubble and i
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think they can go forward with, they ought to be able to go forward with the olympic competitions and certainly the world needs to see it. neil: all right, dr. thank you very very much. we should also, i know when you look at these spikes in cases they are worrisome, but believe me i'm the last to make light of it but for example, when you see a number of states that pop-up on that list like arkansas and missouri and the double-digit increases in one case upwards of 90% that's from a low level and the existing level, the existing level where we are now in cases is still in most of those states , most often reported, down in excess of 80% from their highs, in other words the worst level down 80%, even now with the spike in cases so you could play funny things with numbers, any spike in cases any number is something you're concerned about but i don't want to give you the idea is this the whole of the nation is getting this? net-net, we are still down considerably so, from our
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pandemic highs, i just want to put that in the percentages, do want to go to liz peek on this , dan geltrude on this. liz, the first thing people hear are those percentage increases, and they start getting very very frantic, but i apologize but they hear that wait a minute, this is something i should wonder about, maybe put the mask on, agree with local officials, inside, outside, whether vaccinated or not, all but shutdown my city, state, government, where are you on this? >> neil, i think we need a lot clearer message from the white house and from the cdc. people are legitimately confused about what the vaccine does for you in the case of this delta variant. for example, we have 51 democrat s that flew to washington d.c. to avoid taking a vote in the texas legislature. six have now tested positive for
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covid and presumably, all of them were vaccinated, or so they claim. what's the truth in that? i mean, i think people are actually really confused. nancy pelosi's aid or someone in her office, someone in the white house tested positive. do you mean to tell me that joe biden hasn't made sure that everyone in the white house has gotten vaccinated? my take is yes, that you can still get this variant, if you've been vaccinated. some vaccines are better than others is my impression. i think that the pfizer vaccine may not have the efficacy, for example,, of the moderna, but it be nice to have the authorities come out and actually make that clear. my assumption or my read is, also, you don't get as sick and i think that's an incredibly important message to put out there. it's not just that you're not going to die. you're also just not going to get very sick so there's a very good case to be made for the vaccine. i'm vaccinated. everyone i know is vaccinated.
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i'm sort of tired of everyone suggesting that it's republicans that are refusing to do this when 40% of hospital workers in new york city are not vaccinated. those aren't republicans i don't think, so i mean, i really just think we're hearing a lot of noise. i really think we need someone, maybe the cdc, probably not anthony fauci, to come out and really kind of explain to us what's happening. neil: well put. you know, hal, i'm looking through the selfish part of the markets if you'll indulge me and yesterday there was a lot of worry about this , less worry today, but you do have to wonder average folks hearing this , we were mentioning earlier that apple is going to delay by a month to getting workers back into their offices. i'm sure there might be other companies that might consider that, and certainly a lot of workers, whether companies are or not, are not, certainly reconsidering it themselves so what would the impact be if this
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sort of festers? >> well, i mean, it could be damaging. i think it is really confusing the messages that are being put out and i think neil, you nailed it earlier when you said the cases are still down over 80 % so when you talk about this bump up in cases it's because the delta variant is more contagious and so people are catching it but that shouldn't be the measurement. the measurement should be whose going to the hospital, how sick are people getting and if somebody got vaccinated and caught the delta variant and all they had was sniffels why are we shutting things down? and re-implementing mask mandates? that's just scaring the public and completely unnecessary. you're not going to see that in texas, i can tell you that, you're not going to see it in florida and they aren't going to lockdowns and masks and it's not going to happen so la is doing this and you're seeing this in certain more liberal counties, but i just don't think that's the appropriate message, and the other message, neil, that's the problem that's mixed messages hey we've got to get the vaccine and get the vaccine, but we're going
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to let a million people come across the border from all over the world, not checking their status, they have no vaccines, they are spread out all over the united states, and yet, we're all supposed to start wearing masks in la now, i mean, come on. neil: i'll put you as a maybe on la county and its approach to this. >> [laughter] neil: dan, i'm curious of something about if this does go on, where there's a lot of concern about this , is that why the bond market continues to see yields collapse? i mean, we're now back to levels we were what january and february, and forget dismissing inflation. is it anticipating something worse? in other words, the stocks notwithstanding, the economy slows down. >> well the 10 year bond market , neil, can tell quite a few things or at least try to signal a few things. it signals where they think the xenophobe maybe going, where interest rates maybe going, or
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what i think happened yesterday , and perhaps into today, this morning, is a flight -to-safety. now of course, if we go back into lockdown, it is going to have a significant impact on the market and of course on the economy. i think yesterday, in everything that happened, was an over reaction to the delta variant. now, as we've been talking about , yes, we're seeing spikes in cases, but what does it really mean? we do need a clearer message as what has been mentioned already. not only that, neil. we also could be seeing other variants, you know, some of the doctors out there are saying it is not unusual that viruses will continue to evolve into other things, so this is probably not the last time that we're going to see something like this. let's hope that over the last year and a half, we've actually learned something in that completely shutting down the
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economy is not the answer. taking precautions, the vaccine of course, even if we have to mask up if necessary, that's fine, in my opinion, but a shutdown be nothing less than a complete disaster. neil: do not assume, my friend, we learn things from experiences we shall see. guys you are all great as always and i very much appreciate that. in the meantime, crime is a big issue in this country as well, not just the virus. new york certainly has got a good share of attention but you know there is another candidate in this mayoral race who doesn't get the attention at eric adams does and curtis leewood will be joining us soon the republican candidate and just remember, republicans have been elected to run new york city, i remember rudy giuliani and for a brief them when he was a republican, michael bloomberg so who says lightning can't strike twice?
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and i think almost each and every one of those cases we're not favored to. you're experiencing the same thing, so how do you make a pitch, particularly on a crime issue, that you can compare to a 20 year police veteran? >> well number one, he's part of the democratic establishment, eric adams. hey how has that worked out, neil, that no bail situation in new york state, i ask people. how is that defund the police movement worked out? how is the fact that eric adams remains supportive, mayor deblasio is going to leave us with a $5 billion debt hanging over our heads, which could lead to fiscal in solvency to the point where i've advocated putting a financial control board back into effect, to monitor the expenses of the city , because we took that money from president joe biden, the house, and senate, and started spending it like drunk sailors and not recognizing that we have to have a balance budget
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and that impacts the police, so my program is 42 years of crime fighting in new york and in 13 countries and 130 cities, that without police, nothing else happens, so i want to not only refund the police. i want to hire an additional 3,000 police based on a dedicated property tax against madison square garden nyu, and columbia that pays no property taxes. you hire, train them and make them proactive, not reactive, take the handcuffs off the cops and put them on the criminals where they belong. it's a simple message, i've been consistent on that and the democrats have been all over the map. they rendered our police impotent and eric adams is not going to change that. don't buy the hollow rhetoric. neil: part of that that he's announced as you know is to revamp bail reform and particularly this policy where shooters get out the very next day, he wants to change that and some progressives criticized him for that but what do you think
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is the likelihood of that? would you institute a policy like that if you became mayor? >> number one he can't institute that policy. he's the mayor. it has to come from andrew cuomo , hopefully he's no longer governor and he's replaced, but even if he is able to stand up against all of those criticisms of his administration for killing the elderly in the long term nursing care home units because of his executive order and the allegations of his sexual harassment against his own staff, if he is able to survival of that, he was the one who imposed no bail. the state legislature. i haven't headache take on his democratic colleagues on this issue, if you notice, neil, he stood on the stage with cuomo in brooklyn last week. did he bring that up while cuomo was there? did he condemn cuomo for that? of course not. he brings it up when cuomo is not there. it's all hollowed rhetoric whereas i would say going to every district where criminal
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whose been released because of no bail has committed another atrocity, bring it to the public 's attention because the media will follow the mayor and then take on the local council person, assembly person, a state senator, whose for no bail. you got to really take it to them, and you've got to criticize democrats. that's not anything that eric adams wants to do, but you know who it starts with? aoc, all out crazy, alexandria a cross young protesters cortez the democratic socialist of america, they want no prisons, they want no cops, they don't want anyone to pay rent, they want landlords to flee and they want this great mosaic of a city to actually turn into a socialist enclave. neil, over my dead body and i want people to improve, not move , not flee to florida, georgia, tennessee, texas -- neil: i nowhere you're coming from. you might be shocked curtis that eric adams disagrees with some of those characterizations and we did reach out and we've not
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heard back but could i ask you about something else just today bill deblasio was saying no to indoor masks in new york city, so unlike some of the things that are being implemented in los angeles county, if you were mayor and we were dealing with a serious spike in cases and we're not having anything like that in new york right now, how would you handle that? >> well you can't go back to masking up all new yorkers. it's bad enough i had three sons in public school, high school, junior high school and elementary school and they go back in september. finally, they will be in classroom training unlike the perochial and religious schools who had in-school training without the mask, without all of the coordinates that the city was imposing on them, we need to follow in their footsteps. no masks, we need to get rid of the masks. obviously, if it is a need in public transportation on buses and subways, i can abide by that , but we can't go backwards. we have to go forwards. new york city is the economic engine of the world.
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people are not coming here now because of the crime and the social disorder. if you mask everyone up, they will certainly not come here and we are going to economically face a crash because we won't have the tax proceeds to pay for all of the social programs that the democrats have imposed upon us, my attitude is we're all going to have to learn to do more with less, and it starts with the taxes that we collect and refunding the police, hiring more police, and then we'll be able to piecemeal every other program that exists in the city budget. neil: curtis, i remember when rudy giuliani's first successful mayoral run, the media dismissed him, comes back again, media still dismissed him, got no respect they did a rodney danger field thing and you were treated the same way when the president had a crime, someone at the white house invited only mr. adams, not you. that's what you're going to encounter a lot, so how do you plan to deal with that?
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>> well if you remember president joe biden invited eric adams of brooklyn president, you know what presidents do for your vast audience? all they do is cut ribbons and it's a ceremonial position, and yet, he had their mayors and he had police commissioners in cities where i have guardian angels so i better understand those issues in eric adams and i'm the only mayoral candidate, as you had mentioned, shot five times on the orders of john godd y senior and junior so i know as a gun victim, the and use us situations that exist in a violent atmosphere, so i have to deal with that, but isn't it interesting when he came out of that meeting and president joe biden said hey, cities across america suffering gun violence, you can use $350 billion of the 1.9 stimulus bill for covid-19 that was passed, you can use that to hire more police. that's what you should do. mayor deblasio said no twice, governor cuomo said no once,
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eric adams right after that meeting said no, and then i hit him hard on that and said how could you turn down the president of the united states, elected officials are always begging for more money from washington. he wants you to use the money to hire cops and then within 48 hours he said yeah, if i were mayor, maybe i would use that money to hire the cops. what? we need triage now. we need cops in the streets, take the money, hire the companies, get them out into the streets and let them go do the job they were sworn into duty to do. that's the problem is they're impaired, and these problems will continue unless you have the backs of the police officers in the streets, the subways and parks to restore law and order a quality of life and zero tolerance. neil: very interesting. you have a right to be hurt, curtis, at the very least you have the right to be hurt, any guy who can survive five shots from john goddy. i'd be afraid if i didn't try.
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>> well neil, just remember, remember george pataki. did anybody know who george pata ki was? neil: he was a mayor, you're absolutely right you never know. never know. >> and he beat the iconic figure of the democratic party, and they said it couldn't happen don't go to sleep on curtis sliw a, neil, don't go to sleep on me. neil: [laughter] all right curtis thank you very very much, curtis sliwa, we reach out to everybody here as we just did to curtis we're certainly hopes eric adams responds as well but you should hear all candidates especially in new york city. i think it's an important city. i think. should be. more after this. as i observe investors balance risk and reward, i see one element securing portfolios, time after time. gold. your strategic advantage. what makes new salonpas arthritis gel so good for arthritis pain?
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isn't just about time, you know. it means experience. i mean, put it this way. if i told you i'd been jarring raspberry preserves for 85 years, what would you think? (humming) well, at first you'd be like, "that has gotta be some scrumptious jam!" (humming) and then you'd think, "he looks fantastic! i must know his skin care routine." geico. saving people money for 85 years. beg your pardon. >> there are a few people i know more deserving of this , seriously, and i don't know what you're going to do next, but i can't wait to watch.
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>> the zero g piece may have been one of the biggest surprise s. the most profound piece of it for me was looking out at the earth and looking at the earth's atmosphere. neil: and he thinks that jeff bezos is not done. certainly with blue orient and where he is going and the fact, right now, that he plans going forward, many more missions, two more slated this year. it's going to beef things up a bit next year and then he's got capsules that are capable of orbiting the earth and then going way far inter-planetary travel with his armstrong rocket ships named after of course the first man to walk on the moon, with us is the former nasa administrator and now the acorn growth company senior advisor, jim always great to have you. i just wonder, less so in the case of jeff bezos is this idea of a partnership with nasa, and he's largely going on his own, branson is a bit of a hybrid form, i guess you could say down the road potentially
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branson but which is the future? the private-only aspect, or , you know, a combination? >> well i think it's going to be a combination. what you saw today with new shepherd was a rocket vehicle, as you said, built by a private individual, but it's also true that nasa has, in fact, used this vehicle already, in fact the same launch vehicle to do all kinds of experiments and testing, including what we call terrain relative navigation, which is a technology nasa intends to one day in the future use to land on the moon and also on mars. we use it, already, to some extent but advancing it and making it even better is important, so the bottom line is theres always going to be a blend. the difference is now, government doesn't have to purchase, own, and operate all of the hardware. government can in fact buy a service from a commercial company, which when there is competition in the marketplace and the government is one customer, of many customers it
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drives down costs and it increases access, it makes space better for all of humanity so this was a monumental achievement but neil, you are just right and you're covering it correctly. this is a small piece of what blue origin does. there is so much more that the new glenn, the new shepherd, blue moon, their human landing system for the moon, this today is what the media is paying attention to because the human aspect, but there's a lot more going on in space and it's now very investable. neil: all right, thank you, i think i mistaked and said blue orient so my apology. jim let me take your take real quickly on those who look at these private guys and billionaires, they are largely unregulated, i think it's a bit of a stretch they don't get the same sort of policing and approvals that a government even quasi-government-funded entity would. is that true and would that be a worry going forward or is that changing? >> these commercial launch companies get a license from the
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faa for launch and reentry, so they are regulated by the u.s. government, and it's important to recognize nasa is not a regulator. we don't, i say we, i'm not at nasa anymore, but nasa doesn't want to be a regulator. the faa is responsible for this activity and they are, in fact, licensed by the faa for this launch. neil: so very quickly, my producer will kill me but i always enjoy when you're on, jim i did want to pick your brain ever so quickly on this notion that yeah, this is very sexy and exciting, but we're getting almost cavalier about it . the reality is there is 1% fatality rate among those americans who have gone up to space, still very very low but when you think about it being 1/10,000 of a percent for major airlines, you know, i know they go around a lot more and carry a lot more people but are we getting ahead of ourselves? are we not recognizing that it's core, this is not without some
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risk. >> absolutely there is risk involved. there always will be, but as time goes on, risk comes down remember where we were in the 1920s and the 1930s with aviation, barn stormers, all those risks that people took and ultimately it got us to where today, we're all flying all over the country and all over the world on commercial airlines , so yes, the risk taker s are going to ultimately drive down risk, they are going to drive down cost and increase access and space will become more routine as time goes on. this is a good investment for all of humanity. neil: all right, jim i remember covering orville wright being basis points in the early 1900s. yes, i'm sure you do. neil: i'm old enough to remember that. thank you very much, the former nasa administrator, just he is part in parcel the enthusiasm for space travel the way he ran things we've got a lot more coming up as you can see stocks are racing today, we haven't quite made up all of the losses
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from yesterday, but we're certainly taking a good stab at it. stay with us. this isn't just freight. these aren't just shipments. they're promises. promises of all shapes and sizes. each with a time and a place they've been promised to be. a promise is everything to old dominion, because it means everything to you. that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet.
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neil: you know, it's probably a good thing that jeff bezos thanked amazon customers and workers there for helping provide the means by which he launched his multi-billion dollar effort to get into space. the stock up again today, even though he's out of the day-to-day running of that huge retail online powerhouse. charlie gasparino on the future now, without him in that day-to-day control. hey, charlie. charlie: hey, neil. did you ever notice with bezos it's either a love or hate relationship with him? i mean, i get when i talk to people about him, not necessarily wall street but just average people, there's some people that love the product, love him, you heard it in some of those questions about his space activities, and then you
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see people like tulsi gabbard say maybe you should stay up in space and not come back because amazon is an evil empire. be that as it may, bezos is loved basically by wall street and many investors and the reason why is because he delivered and you know here is one thing i can tell you from talking with bankers that work, that know him pretty well. people in the business community that know him well, analysts that cover the company, he still is going to be running this company, even though he's, you know, taking a back seat at least publicly to andy jazzi the new ceo while he does space and allegedly other stuff and from what i understand he's still very much involved in his role as chairman, as a in the strategic direction of the company, particularly on acquisitions, on other major issues, he's going to be doing this. it is going to be helpful to him and amazon to have him not be the face, to have a new face
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running it, because amazon is going to come under a lot of pressure from the biden administration on anti-trust issues, already lina khan, the head of the ftc is suing them and very negative things to say about amazon when she was a law student she wrote a treatus on why amazon should be broken up called the amazon paradox and we have to see who gets put into the justice department anti-trust division but the word coming out of there , whoever gets appointed the permanent head of that is not going to be an amazon- friendly person, so, this is kind of interesting, bezos, whose been the face, takes a back seat while the company comes under this regulatory scrutiny. jazzi becomes much more the public face but from what i understand, bezos is going to be there, and he's still going to be running the thing largely, and you know, we ask like where is amazon going to expand if it, you know, particularly if it has problems with the f f t c, you can't have major acquisitions, they are likely to challenge
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their purchase of mgm. they could get into sports betting it's a natural outgrowth , not something that's highly anti-trust laden, also, pharmaceutical markets, because you can buy stuff on amazon in pharmacies, maybe they start their own. that's at least what bankers and analysts are talking about, and it'll be up to jazzi i guess will be the public face of that, but the guy behind the curtains, from what we understand, will be the wizard of oz, known as jeff bezos. neil back to you. neil: got it. i heard the ones about him just staying out there in space. i get e-mails on you charlie that recommends a one way trip to the sun. charlie: i know, people, you know, [laughter] jeff bezos at least has some people that like him. everybody hates me. neil: yeah. well, no, no, no, no that's not true. charlie: that's the true. neil: most everybody. thank you, my friend. charlie: by the way if you want to kill me make sure you put a stake through my heart and it better be metal because wood will break.
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now to get infrastructure talks even votes going and the sooner the later it all kicks off tomorrow, and republicans are saying can't we wait on this , even mitt romney is saying i don't know maybe next monday, connell mcshane following it all for us now, connell where are we connell: it doesn't look great on this bipartisan push we keep hearing about neil on infrastructure. that looks like the piece of it at least like it might be in some trouble here on capitol hill. the senate majority leader chuck schumer filed last night on this bill that could serve as a vehicle for nearly a trillion dollars and infrastructure spending and all that does is setup basically a procedural vote for tomorrow, to move forward on this , but what schumer did is he setup that vote before the negotiator, republican and democrat agreed on the content, so democrats are basically arguing hey, listen this has gone on and on and the time had come to get things moving. >> they have been talking and talking and talking in terms of
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the bipartisan effort and, you know, i think you've finally got to say enough is enough and by the way all that the vote on wednesday is a motion to proceed it's not a final passage so there will be plenty of additional time to work out details but we've got to move the entire budgetary process along. connell: working outlet left to 11 republicans and 11 democrats but you get the sense the confidence is just not there , at least not right now this will all come together in time. >> it's still kind of crazy to vote on something when you don't have language, if you want program failure that's the way to set it up, but if you want to actually have legislation that people can look at hopefully consider and then decide to vote for , you want to have the language first. connell: so if they don't get there, if the democrats don't have the votes for tomorrow on this procedural vote they do have options they could employee tend the deadline , certainly you heard talk there about maybe having talks after this so-called deadline, it's arbitrary after all, or they could just take this bipartisan
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plan, potentially at some point, lump it altogether with the $3.5 trillion spending bill we keep talking about which as you know goes way beyond just infrastructure, but it's all kinds of things in their new pathway to citizenship for dream er, a measure to expand voting rights, tax credits for clean energy, among many other items so that package could potentially grow, potentially the margins 3.5 trillion if the set of parliament were to okay it as a budget bill, they need 50 votes to pass it but so we're not there yet but that might end up where we're going to the point where the democrats try to jamaal of this spending through with just democratic votes and the vice president to break the tie. we'll see. neil: connell on the infrastructure-only measure, the one that had bipartisan support, that does seem to be fraying and i think up until recently a lot of people weren't calling it a slam dunk but certainly more likely than the $3.5 trillion package now beginning to wonder if even that's the case. connell: right. and that's the point right now is that they just, there is
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support for that, i was talking to republican senators about it earlier in the day today, there is support even when republicans go back to their home districts and poll or home states and poll about this , for the infrastructure-only part of it, so it did seem plausible they could get their other votes but with senator schumer pushing this timing, and insisting on the wednesday deadline before there's sort of an agreement on how to proceed republicans are saying wait a minute we're not so sure about that and if you remember a few days ago some of the pay fors broke down and they weren't sure if they could get that fixed so doesn't look like we'll get there by wednesday and we'll see where we end up. neil: all right, connell thank you very very much, as connell is wrapping up we're getting official numbers of covid-19 cases now. 83% of them in the u.s. are coming as a result of this delta variant but that of course the 99% of them are not, those who have been vaccinated. ♪ limu emu & doug ♪
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i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo neil: all right. i'm very sorry, charles payne, i wept over there my fault. i want to blame it on my producer. it is my fault. your audience was robbed. to you, my friend. charles: thank you so much. it has been an exciting day. i understand, neil. good afternoon, everyone, i'm charles payne. this is making money. breaking right now it's a roller coaster ride and wall street says throw your hands in the air and scream your excitement. what is
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