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tv   Cavuto Coast to Coast  FOX Business  July 29, 2021 12:00pm-2:00pm EDT

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week. i said if you're living in california, explain to me why you don't leave. you're freedom is seriously restricted. living in dreadful state with all problems going on. i want to know why you don't leave? a little provocative i would say. david asman in for neil today. i've been very provocative for three hours, david. david: you've been provocative your entire life, stu varney, and we love it. we appreciate it. david: stu. welcome to "coast to coast." i'm david asman in for neil cavuto. a very busy hour ahead. mask up to get into disney. vacs up to get into favorite restaurant or get a vaccine or doctor's note to get back into your office. how governments and businesses nationwide are responding to the delta variant and worries therein.
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the markets are green as dow, s&p, raise to new all-time highs. but economic signals are flashing red today. we'll tell you that story. a big lineup ahead to help us break down the other stories. nypd commissioner bill bratton on the crime crisis. karl rove on president biden and his party in danger. the headwinds facing them as they face 2022. first, the latest gdp numbers showing the economy grew at a slower pace than expected. last quarter we saw pending home sales fall 1.9% even though we were expecting an increase. all of this is as fed chair jerome powell, ceo of mcdonald's say those extended unemployment benefits are putting growing pressure on employers. reacting to all of this fox news contributor liz peek. surevest's rob luna will join us shortly. liz, this is kind of bothersome. you can't ignore 6.5% increase
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in the gdp. that is extraordinary. we were expecting 8.5%. we were expecting a rise in pending home sales. instead we got a 1.9% decrease. what is that telling you? >> we kind of reached a plateau, david second quarter was disappoint disappointing. key saw second quarter consumer sentiment negative last month and persisted into july. i think it is interesting to see whether companies reflect tapering of growth expectations as they talk about the next couple quarters. so far they have been pretty bullish on growth. so far, i must say, all of the data that i look at has been very, very strong. i think you have a combination of things. first of all consumers and business owners are a little worried about inflation. that may begin to resolve in some stepping back.
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credit card data i was looking at earlier from one of the big banks in town suggest july is a little softer than expected. again, it just seems like a tempering of the explosive growth that came in to the second quarter and, whether that is because of the outbreak of the delta variant which after all didn't really show up in the second quarter, or because people worried about inflation or just a sense that not everything is going right, kind of hard to figure. but it's real. david: liz, all about supply and demand. economics always gets a back to supply and demand. we have the demand. there are millions and millions of people out there who want to buy things, who want to go places, who want to do stuff they couldn't do during the lockdown but they're being met by a labor shortage, a severe labor shortage because of the biden policies that prevent people from going back to getting work because of the fact
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they can make more staying at home. how. of that is a factor in these slowdown numbers? >> i think it is unquestionably an issue. by the way. it is not just the unemployment benefits which now have been stopped at about 26 states. in fact if you look at the last data on unemployment in a bunch of states, the ones with the extra payments of $300 a week have turned higher. that is to say employment seems to be rising there. no question, david, this is not just unemployment benefits. now we have child welfare payments, excuse me, child tax credit payments going out to families. we're talking about democrats want to do even more and relief student loan payments which would be another $200 or $300 a week, excuse me, a month. the more you disincentivize people going back to work, the more you create a fake, a temporary labor shortage which is driving prices up.
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tomorrow by the way we'll get the first real read what this meant in terms of wages. my contention has been for weeks that wages will be the big problem. you will begin to see this terrible cycle, higher wages, higher prices, people demanding more wages because of those higher prices. david: i have no problem with people making more money if the market is okay with that, but rob luna, i understand is with us right now. the problem is, rob, these benefits that have been creating this labor shortage, there are indications that not only might they be continued throughout the summer, it could go beyond that. we had word the white house called on congress to extend eviction moratorium past that july 31st date. if they do the same with the unemployment benefits, that could mean a long time before these small companies can hire back the workers they need?
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>> ridiculous that we're incentivizing people to stay home and play nintendo all day. the small business owners out here, restaurateurs, small boutique hotels these people were absolutely demolished, david, as you know it. they're starting to see a little bit of light. i'm out here in los angeles, mask mandates are back n not only the fact that we're having mask mandates but people are starting to plan trips, behavior of people is going to be adjusted. if you had a trip planned two to three months ago, we're seeing some of our clients talking about canceling those trips. how are these small business owners ever going to get back on their feet if we continue to give people unemployment benefits more than they were making working. absolutely ridiculous. you start talking about the stock market, the valuations we're looking forward, david, 22, 23 times earnings. if we can't get people back to work. if we can't get small business thriving again, how on earth
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will we sustain valuations in the market? >> eventually the labor shortage that we have may turn in the opposite direction if in fact we come out of this thing and suddenly these small businesses, small businesses create more jobs than big businesses do. if small businesses go out of business because of what's happening right now, that means that we may, those people who are counting their money at home right now may not have a job to go to when the benefits end. >> that's right. david: liz, let me talk about robinhood for a second. we're awaiting the first trade from robinhood. set to open at 38. i'm glad they were able to talk people back into coming back in. even though they had the disasterous trade shutdown a few months back. if we see massive increases in capital-gains taxes, that may happen, as a result of biden trying to do the pay-fors for all the big spending plans he has, might that kill the democratization of markets movement that robinhood
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represents? >> good question. i don't know that everyone will stop buying and trading stocks because capital-gains taxes go up but it is definitely going to throw a monkey wrench not just everyday people trading through robinhood but big investors too. this is, this is really lunacy in my view. we know that raising capital gains taxes does not necessarily lead to higher revenues. it's a really poor tax. it does discriminate against investment. bad idea. i think robinhood faces all kinds of headwinds, david. i'm not sure that would be the first one but certainly is one. david: by the way let's remind everybody it was bill clinton, a democrat president, who lowered capital-gains taxes dramatically during his presidency. actually it was during the time he was going through the impeachment struggle he had. in fact the market boomed as a result of that. you know, let's hope the the bin team looks back at a previous democrat president i think did
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the right thing with capital gains. moving on. we'll see more from the panel coming up but from the trading floor to the white house. president biden is expected to give an update on the next steps to get more americans vaccinated. fox news white house correspondent pete doocy is at the white house with more. hi, peter. reporter: david, this isn't a vaccination mandate per se. it is really two mandates. federal workers are going to be given a choice. mandatory vaccines to go to work or mandatory testing and masking to go to work. >> while no decision has been finalized i will say that the attestation of ped ral employees is one option under strong consideration. attesttation, what we mean by that, confirming vaccination status or abiding by stringent covid-19 protocols like mandatory mask wearing, even in communities not with high or substantial spread and regular
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testing. reporter: the white house is showing us vaccinated folks don't need to where masks everywhere like central pennsylvania where the president glad handed with maskless factory workers indoors after the remarks wrapped. that part of pennsylvania not a hot zone defined by the cdc. washington is. he had one when he returned home. elected republicans are confused having a hard time keeping up with the regulation, asking what the cdc saw make them update the mask guidance. >> this was based on a cdc study not reported. we now find the study is from india, based upon a vaccine not in america and it didn't pass peer review. so what you're telling america today is something, what i believe is pure about politics. reporter: the cdc is telling us they are going to shea more of this underlying data that led to humongous update in guidance, masks for the vaccinated
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tomorrow. something to look out for this afternoon though, for the first time in more than two months at the white house briefing in the briefing room, everybody that wants to go has to wear a mask. david. david: we should mention that speaker pelosi did not have a mask on in the house of congress when she was announcing a mask mandate for the house of congress. there is a lot -- reporter: she is saying with the exception of members of congress it, if you're not wearing a mask over there on the hill and somebody asks you to put on a mask you don't want to do it because you're vaccinated they can arrest you, david. david: extraordinarily since she wasn't wearing one when she announced this. american postal workers oppose as vaccine mandate for federal workers but encouraging workers to take the jab voluntarily so is forcing workers to do what you want really the right way to go about this? let ask rutgers university president of medicine, dr. bob
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lahida. thank you for these mandates? >> i think the mandates are a little crazy, david. i think, that if you have a company or university, you can certainly try to mandate or have other options which you just mentioned is the frequent testing, the weekly testing, but i think if you're going to mandate that people do an invasive procedure that is having injection, that is a little bit much. i think if we would be better off to convince people of the safety of the vaccine and say, look, the reason we're having these masks and the reason that the cdc changes its rules every other day is because of the unvaccinated. it is an unvaccinated person pandemic. that is what we have. david: now there are going to be exceptions for people who are allergic to various vaccines. >> yes. david: where people, should there be or are there perhaps, there perhaps already are, for people who have covid, they feel they are immune in some cases as
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people who have had the jab? >> no. i think we have some data to show that you're about, you're protected, you have immunity after you get the infection but it varies from person-to-person. so we're looking at neutralizing antibody. of course that is one mechanism. and the other is cellular immunity which we look at but we're convinced you really need to have the booster vaccine which has an effect that makes you three to five times more i am nuon to the virus than if you had the actual infection. david: good information. let me ask about mask mandates quickly. the cdc as peter just said, have not yet released data on which the new, they're not mandates but recommendations are based. i'm just wondering, generally speaking, do you think the cdc lost a lot of credibility particularly on the mask issue? >> i think it has, david. i think that everybody is confused, including people in the health professions like myself. we don't know who should be a wearing a mask and when.
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we know that if you're in a hot spot, that is yet to be defined, you have to wear a mask f you're vaccinated you have to wear a mask. if you're around somebody who is positive you should be tested even though you're vaccinated, tested for the virus. merely an extension of a lot of confusion. david: it is indeed. dr. bob la heed today, you're never confusing. thank you very much, doctor. after a short break, new york city mayoral candidate eric adams calling out progressives for calls to cut plus budgets. reaction from former new york city police commissioner bill bratton after this. ♪
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♪. david: the california crime spike showing no signs of stopping. we've got new footage now, new footage again, showing thieves openly stealing from a, this time an ulta beauty store in calabasas late last week. this is the window after wine shop founded by governor gavin newsom himself was smashed by
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robbers this week. former l.a. boston and new york police chief, bill bratton. he released a new memoir about his time as a police officer in america called the profession. commissioner, great to see you. thank you so much for being here. what do you make of the prosecutors who are decriminalizing theft that is leading to these mass attempts stealing everything they can get their hands on? >> you can clearly see across the country, showing in california, seeing similar issues here in new york. david: absolutely. >> any place where you have one of these progressive district attorneys or prosecutors, many who are funded by the open society, george soros' open society. you're starting to see increasing disorder on the streets. increasing theft. california has you have to steal more than $950 worth of items to be arrested for that issue. you see the results of that. it is unfortunate but the
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progressive movement in the united states is a direct cause of so much of the disorder. we're starting to see it in our nation's streets. david: i think most americans understand that now. particularly americans in the middle of this, whether in l.a., chicago, new york, wherever as you say, you have radical prosecutors, many of them promoted by george soros and other wealthy people who are on the radical left but this is really the opposite of what you and rudy giuliani did in the '90s to turn this situation around in the city which is a broken windows idea. the idea that you criminalize, double up on the criminalization of the small crimes because very often they lead to the big crimes, right? >> that's correct. it is not just the idea of broken windows enforcement. combining broken windows enforcement with better, more traditional serious crime enforcement in the case of new york. we created the come stat system to develop position focus on
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serious crime. you need to work on both at the same time. working on one or the other as we did in the '70s, '80s, we didn't do anything about broken windows in the '70s, '80s, we saw where that got us in the early '90s. when giuliani came in as mayor, kelly and wilson's broken windows theories, theories which i practiced for 20 years with great success. david: we saw this in new york where a turnstile jumper, after jumping the turnstile, weren't out and beat a 68-year-old man on the street into unconsciousness. took everything that the guy had. that was a perfect example if he had been stopped at the turnstile he would not have been free to beat up the 68-year-old man almost to death? >> irony of that the beginning of the new york crime reduction miracle was 1990 when the transit police chief in the subways began enforcing strict
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enforcement of fare evasion. we reduced it 250,000 incidents a day, documented incidents, such a level we stopped counting it. it cost more to count it than we were basically seeing incidents. so the idea of broken windows, it works. the challenge is to do it appropriately, appropriate amounts where necessary and this idea that you can do away with it, totally disregard it, we're beginning to see the effects of that. the beginning of my book i talk about those who don't know the history doomed to repeat it. most of our progressive politicians don't know the history of the '70s and '80s, as it relates to serious crime. david: there is one politician who has a good chance of winning, becoming the next mayor of new york, eric adams who won the democratic primary. he was calling out progressives like aoc over their policies or suggestions about policing.
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i just want to play a tape what he said earlier this week and then get your reaction. roll tape? >> i'm no longer running against candidates. i'm running against a movement. all across the country the dsa socialists are mobilizing to stop eric adams. they realize that if i'm successful, we're going to start the process of regaining control of our city. david: he is right on the firing line. he is a democrat but he is against these defund the police policies. but he is the target of aoc, all of the radicals in congress but losses a you mentioned before, the george soros types who are putting a lot of money against him. can he beat these folks, this opposition that he faces? >> i think he has that opportunity. he is clearly staking out a centrist position. a lot of the democratic party is much more center and certainly not as far to the left as the
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aocs of this world. and so it is going to be very interesting watching in new york where the progressives have been making some of their biggest gains. how successful he will be. he will have a tough city council to go deal with it. a aoc caucus, people elected to the new city council. we have a legislature in albany that is progressive. david: we have one much these radical prosecutors who want to decriminalize, refuse to prosecute the so-called small crimes. >> that prosecutor, who is just been elected to office takes office in january, is also talked about the idea of really not doing much about violent crime either. he doesn't want to put people that commit violent crime in prison. what adams understands there are violent people in our society that have to be kept away from the rest of us. there are other people who left to their own devices will commit minor crime. if you don't start that they will start committing more of it. you have to stop that. so i'm optimistic that the
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candidates that ran for office in this city, he was only one that really basically was in the center, if you will and so i have hope for him. i still have hope for our city but it is going to be an uphill battle unfortunately. david: well, commissioner, maybe we'll call you up if he becomes mayor, get you to do a reprieve of what you did in the '90s. thank you very much for being here. good luck with the book, commissioner. >> thank you. david: coming up the bipartisan infrastructure deal still facing opposition from both sides of the aisle. we're live from capitol hill with where the conversation stands right now. at usaa, we've been called too exclusive. because we were created for officers. but as we've evolved with the military,
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it was down a little bit more t was down about two, 2 1/2%. well it is still trading down. it opened at 38. it is now at 36.81. it is down more than 3% right now. again yesterday, we weren't sure talking about gasparino going up and down, he wasn't sure. nobody seemed to be. right now it has clear downward momentum from the entry at $38. now trading at $36.95. well the bipartisan infrastructure deal clearing a crucial senate procedural vote but can it really clear congress? chad pergram is on capitol hill with what you need to know right now. hi, chad. reporter: democrat on democrat violence after an agreement by bipartisan senators on a 550 billion-dollar bill. senator krysten sinema backs the bipartisan package but not the $3.5 trillion democratic bill.
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>> word across this town and naysayers, bipartisan doesn't work anymore and that government is broken. we're here to say no, it works. it takes time. it is hard. reporter: alexandria ocasio-cortez lashed sinema. she accused her fellow democrat bill. cori bush tweeted race. is this bipartisan infrastructure group or the audience at a kid rock concert? former congressional black caucus chairman, white house advisor cedric richmond has some work to do. >> what we're going to do with the infrastructure bill remind people of historic investment. remind people of racial equity embedded throughout this bill. reporter: progressives are threaten towing withhold votes from the bipartisan bill. house speaker nancy pelosi is keeping her powder dry. >> i cannot commit to passing something you don't know what it
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is yet. i'm hoping for the best. reporter: democrats need the vote of sinema, otherwise the democratic bill dies. pelosi needs progressives on board. they can only lose four votes in the house. as they say, david, this is about the math, the math, the math. david: division, division, division, not just between democrats and republicans but the democratic party that is wild -- reporter: algebra and trigonometry. david: exactly. four dimensional chess if you want to switch metaphors. border communities are on high arather, migrants testing positive for covid were released having known that and placed in hotels in la joya, texas. fox news's rich edson is in la joya with the latest. rich? reporter: david, here in la joya, say they apprehended 400 migrants in this sector this morning. that is on top of 500 just in
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this area last evening. customs and border protection will process them. some cases take many families, who are covid positive to a charity and then they go to a hotel room specifically in this area. that is something that the local police say is a real problem for them. >> it's a danger to everybody else. you know, sometimes we get calls these migrants are walking through people's backyards and they're concerned. sometimes they tell us they're hiding in their sheds. we have to go out there as police officers and enforce these laws. reporter: customs and border protection does hand out ppe to anyone in its custody. then will refer people with symptoms to local health system officials. here in la joya many are staying at a hotel a charity runs. that is what we're discussing. citing covid concerns, texas governor greg abbott institute ad new executive order. it allows the police, texas
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police to stop vehicles where they have migrants in them and then have them turn back to the initial port of entry. that is according to the executive order. though you have to note here, texas does not have the authority to deport anyone, nor enforce federal immigration law. david? david: rich, thank you very much. because of all of these health concerns and other concerns about what is happening at the border, texas democrat congressman henry cuellar is calling on the white house to institute an immigration pause at the border. listen. >> being released there, that might have covid-19. we need to make sure we communicate with each other and what i'm asking on the biden administration is to do a pause. do a pause. they need, they need to prioritize border communities. they need to prioritize the men and women of dhs. david: bring in "the hill" media columnist around fox news contributor joe concha for more on this. joe, this is an incredible story at the same time the administration is producing all the new mandates and
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recommendations about covid because of the delta variant, federal officials are releasing immigrants coming across the border who tested positive from covid, infecting communities. a democrat congressman is so upset about this, he says we need a pause in what is happening at the border. is the media, is the mainstream media giving any attention to all of this? >> no, and no. david, you barely see anything on this and this has been going on for months by the way where you have migrants testing positive for covid. then they're released into the population. all they're told is, well try to quarantine if you can. where exactly will they do that? do they have a four-bedroom house or apartment waiting for them. of course not. they're getting on buses. they're getting on planes. this is not a texas problem. this is going to communities throughout the country and coming from countries where the vaccine is in very limited supply. these are not vaccinated breakthrough cases. these are the standard cases
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we've gotten use towed. look at masking mandates that are coming down, david. i look at it from a media prism. all reporters now in the james s brady briefing room, david need to wear masks and being vaccinated. white house press secretary is vaccinated f everyone in the room is vaccinated why the mask? the president told us it wasn't needed. d.c. is a hot spot where the virus is highly transmissible. no. there has been one covid related death in washington, d.c., a city of 700,000 since july 15th that was what, 13, 14 days ago. five total for the month. there is no logic around this. there doesn't appear to be safe ends behind it. it is political as it always has been, david. no logic, no science, a lot of hypocrisy by the way. a perfect example for speaker pelosi while announcing a new mask mandate in the house of congress, she wasn't wearing a mask. so it is okay for covid infected
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texas congresspeople to fly to washington, okay for immigrants to come in without masks, okay for her to announce a mask mandate without wearing a mask in congress? >> that is amazing, right? at least she didn't announce it while getting her hair done at a hair salon closed because of covid. youwer that hypocrisy. all of our leaders, gavin newsom, french laundry, restaurant, most pretentious named restaurant since the regal beagle in california. we see it from mayors throughout the country breaking their own rules. house speaker breaking her own rules. this is why no one has any confidence in our leaders, the cdc anymore, institutions are breaking down because they see this in broad daylight, the hypocrisy, david. david: it is not as important what we've been talking about there, you also have this incident of president biden suggesting that he was a truck driver behind an 18 wheeler? what is that about? >> yeah. apparently joe biden drove an 18
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wheeler straight to south after from can where he was trying to see nelson mandela before he got arrested. joking aside. david: put them all together. excuse me, joe, we do have the sound bite from that. let me play that, get you to pick up on it. >> let's see it. >> i used to drive an 18 wheeler, man. >> oh, yeah? that is awesome. david: get that out there i used to drive an 18 wheeler, man. >> uh-huh. well the president seems like a brian williams tick when it comes to telling stories. we relayed one how he got arrested in south africa trying to see nelson mandela. someone called this lying. when he said the new georgia voting law prevents people getting to the polls before they get off work. that is a law. second amendment bans cannons. that is lie. he said last week you get vaccinated you can't get covid. we're seeing that with breakthrough cases. he makes the argument, if i add
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trillions in spending that willk at that with a side eye, i don't quite see how that works from a mask perspective. he has a problem with the truth as so many politicians on both sides of the aisle do, david. david: a target rich environment for you, joe. you should be very happy for that at the very least. joe concha, good to see you. thank you very much for coming in. >> good to see you. david: restaurants need help, they need it fast. we'll talk to one restaurant owner who like thousands of others is now being left without aid, with all this new demand. what is they going to do? we have got answers coming up. ♪ that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade.
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♪. david: bad news for robinhood investors. people invest negotiate ipo are disappointed. start the at 38. it is now down 11%. it is dropping like a stone. remember some people were saying after its ipo, after it began trading would go up in the
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70s. it is going in exactly the opposite direction. down 12%. we're keeping a close eye on what is happening with robinhood but so far not good. back to masks now. the state of california is urging residents to wear masks indoors regardless of their vaccination status. fox news's william la jeunesse with the latest from there. reporter: right or wrong, vaccinated or not, we thought the mask was gone. actually it is coming back but nationwide this will be really confusing because some states and employers are doing it and others are not. we'll see that patchwork of rules, right, which president trump was often ridiculed. now we have it under president biden. starts with the cdc which issued new guidance everyone vaccinated or not should wear masks indoors in areas of high transmission. that means the tier system, red, orange, yellow. california immediately fell in line, now recommends universal
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masking indoors. here is the disconnect, right? the l.a. health department says 26% of the new cases come from fully vaccinated people. but governor newsom is ignoring the science and exclusively blames the unvaccinated for driving up the cases, making the issue political. >> individuals choice not to get vaccinated is now impacting the rest of us in a profound and devastating and deadly way. reporter: it is confusing, right? nevada also brought bake the statewide mask mandate as did atlanta, miami. apple is requiring masks in half their stores. general motors and ford, disney theme parks indoors and on the buses. dhs is now imposing the mandate for all employees f you think this is crazy, wait until school starts, right? there is very little evidence that kids are the problem yet the controversy is just starting. it is emblematic of these protests in san diego. >> we don't need to be
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quarantining our kids every time they come down with symptoms of a cold and telling them to stay home for two weeks because they're missing their education, right? we don't need to be telling them they have to wear a mask when they have no symptoms and they're not sick. reporter: so the changing guidance undermines of course many experts say the confidence that anyone has in what the administration is doing and saying, david. there is a new study out of singapore, the ministry of health there found 75% of their new covid cases were from individuals who are fully or partially vaccinated albeit with very low or mild symptoms. david: at least, very confusing. william, thank you very much. meanwhile, out of money, out of luck, emergency aid under the restaurant revitalization fund has now run out. thousands of restaurant owners are left without help. kitchen owner diana staley is one of those owners and she is joining us now to tell us more about this. first of all, i'm sure, diana, as helpful as that fund was for
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thousands of restaurants around the country you would much rather cut the ties with the government and just get back fully into business, right? >> yes. of course you know the restaurant revitalization fund was passed for all restaurants. unfortunately the bill only helped one hundred thousand restaurants, leaving 170,000 restaurants with nothing. david: wow, where was yours there? did you get a bailout from that fund? >> so we have two restaurants. one received funding and the other received nothing. david: interesting. >> but there are thousand, there are thousands of small restaurants and a lot of people when driving around they see starbucks or whatnot, they don't realize that restaurants are small business people. 70% of restaurants are single unit entities. restaurants employ more minority members employees than any other industry. people don't realize because they're individually named
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restaurants but restaurants are the second largest private sector employer in this country. one in 10 americans are restaurant employees. david: wow. >> incredible number. david: this week we heard earnings from the big tech companies, apple and so forth. apple has a profit margin of well over 20%. the profit margin people have to realize of these small businesses, particularly restaurants is miniscule compared to that. you can't afford fewer customers, nor can you afford by the way increased costs of labor, right? that must be a big problem for you? >> correct. correct. costs are increasing. food costs are up 10%. occupancy is up. it is very difficult to forecast with these mixed messages on the masks. whether to wear them, not to wear them. then you've got the potential issue of customers when they come in and they see someone without a mask, they get all ballistic, so it is a hard thing
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to manage inside. but just keep in mind, this is 12 1/2 million people work in our industry. david: yeah. >> so this is not a small situation. this is a big, big problem and they passed the legislation. we have now two bills at the house, 3807, 45668. a lot of response source. 260 democrat sponsors, 40 republican sponsors. my message, put your phone down work together to get this bill out. for example, it is shocking to me that aoc and ilhan omar are not talking about this and supporting it. minorities are a big part of the restaurant industry. where are they? david: that is a good question. >> they're nowhere. nowhere. david: doesn't shock me at all. they don't care, you think of her record with regard to amazon and other businesses. jobs are not number one for her. diana, thank you very much for being here. i appreciate it. >> thanks for having my.
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david: today is the last day to register for the september 11 victims compensation fund. we'll talk to the union attorney what victims of the attacks should know right now before that fund runs out. ♪.
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♪ david: welcome back, everybody. this year marks the 20th anniversary of the september 11th attacks. today is actually the last day to register for benefits from the september 11 victims compensation fund. joining me fdny union attorney. nick, good to see you. never forget was the catchphrase we used t was in use for 10 to 15 years. i don't hear that anymore. have people actually forgotten? do they need to be reminded about september 11th more than they did? >> well you know with the passage of time people do need to be reminded of that infamous day when we lost close to 4,000 people including 343 firefighters who were going up those stairways while others
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were being evacuated only to perish in their rescue efforts. david: it is something, i was here, you were here. i mean the people that were here, i don't think they will ever forget but a lot of people have been born since then that are now entering adulthood who have forgotten. remind us how many firefighters and other officials, we lost a lot of police officers as well, and a lot of construction workers who were working to untangle all that mess, they suffered as a result of their work too. how many people actually benefited from this fund? >> well, you have currently 125,000 people who are registered with the world trade center health program and they have been certified as having conditions that are linked to their exposure to the toxins at ground zero as well as in the lower manhattan area below canal street. and that is separate and apart from the 9/11 victim
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compensation fund where thousands of people have been compensated because of the illnesses they have contracted due to their exposure to the toxins that were here not just for days, weeks but for months, following the 9/11 attacks. and the zone that has been identified as the area that was contaminated is below canal street in lower manhattan. and this compensation fund is not just for first-responders. it is also for people who lived down here, who worked down here, who went to school down here. david: yeah, yeah. >> we're talking about elementary schools, middle schools, high schools, colleges. david: nick, we're about to get clipped, i'm so sorry to do this. i will never forget. i hope all of our viewers will never forget either. today is the last day to register for benefits. i hope those people eligible do. >> if i can 30 seconds the deadline today is for those who
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loved a loved one more than two years ago or who already have been certified for a medical condition related to their exposure. david: got you. >> if you haven't been to the world trade center health program to have your illness certified, the clock has not started ticking. david: my clock is ticking off. nick, thank you very much, my friend. >> you're well come. david: we'll be right back. band♪ a place where everyone lives life well-protected. ♪♪ ... for a lower auto rate today. that building you're trying to sell, for a lower auto rate today. - you should ten-x it. - ten-x it? ten-x is the world's largest online
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david: welcome to the second hour of cavuto "coast to coast" i'm dave it a in for neil cavuto we've got a ton of news to bring you this hour. first of all, mandate mania. cities and businesses jumping aboard the mask and vax train. we're going to bring you the latest on all those new rules plus a battle brewing between new york democrats over law and order former nfl star jack brewer you've seen him before you don't want to miss him again, he is coming up on what he sees as the problem and the solution, and sink your teeth into this one. shark sightings, forcing some beachgoers out of their fun in the sun, we'll bring you the details on where to watch out for , but first this hour, new mask and vaccine rules are sweeping the nation, major companies announcing mandatory vaccinations for workers, while theme parks reinstate mask rules susan li joining us now with the
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latest. hi, susan. reporter: yeah, silicon valley delaying the return to work and in some case, if you're going back eventually, you better be vaccinated so google making headlines yesterday now requiring all workers coming back on campus to be fully vaccinated. they also pushed back the reopening until at least october 18, and that's pushed back by a month from september. google has a lot of employees, 144,000 staffed globally so this will be impactful. now, facebook also mandating returning workers on campus at least to be vaccinated as well. they've also, well they haven't shifted their timeline just yet, of facebook so they're still targeting a 50% reopening in early september they say, possibly 100% for october. we know that apple has already pushed back the reopening plans and return to office to october from september, so that's delay ed by a month, and ceo tim cook telling me that that might be even pushed back even further , depending on the spread of the delta variant. meantime if you're going to an apple store, yes, they're 100
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% reopened; however, apple now requiring a mandating that all workers and customers wear masks inside apple stores, and you can imagine that if the biggest companies in the world are pushing back, if their return to the office and mandating vaccinations that might be an indication of what we're looking at for a pushback and reopening for other companies that are much smaller. now at hollywood we have netflix the first movie studio to say that all crew and cast have to be vaccinated on productions, and this is after a deal that was struck between the big hollywood unions and the major studios that require all workers on sets to be vaccinated. no announcement from disney just yet but those visiting disney world and disneyland, you do have to wear masks indoors, and the economy doesn't it feel, david, if you're pushing back the reopening you're forcing people to wear mask once again, it kind of feels like we're going back instead of going forward with this reopening. david: yeah, no, it's a gut punch certainly is, susan thank
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you very much. well government officials are now asking businesses to implement vaccine requirements. fox business' lydia hu joining us on that one. lidia? reporter: yeah, hey, david. businesses are still coming out of a very difficult year and a half and many say they aren't in a position where they can turn away any paying customers so some tell us there's no way that they're going to even consider asking customers about their vaccination status. other businesses say maybe. they'll think about it, watch this. >> for me to sit here and be a discriminatory towards a group of people, it's not right. i won't do it in my restaurant. >> we're not in the business of turning away guests. we take care of guests. we welcome all guests, and so yes, it makes it very difficult for us to have to make this decision. reporter: now new york governor andrew cuomo adding fuel to the fire yesterday by encouraging businesses to require vaccinations for his customers,
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but businesses say this is putting them between a rock and a hard place. the ceo of the new york state restaurant association said in a statement to us, "the burden is being placed back on restaurants and their employees to police this , an untenable position, government cannot make things harder yet again again" but david ursino can expect this issue is one that plays out on the state level as there are various laws being enacted in opposition to what governor cuomo has said for new york businesses, take states like texas or florida, that have actually passed laws to prevent businesses from inquiring about a customer's vaccination status. david? david: everything is so confusing and contradictory at times as well as you just mentioned lidia thank you very much. joining me jackie deangelis and fox & friends first co-host todd piro. so jackie, as susan was saying it does feel like we're going backwards. >> it does feel like we're going backwards and the number one complaint i hear from friends, family, people who have been vaccinated is why am i
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being penalized, being told i need to wear a mask indoors when the cdc said i didn't have to wear one? because i actually have been vaccinated. the problem is not really with the breakthrough cases. it's with the people who are not vaccinated, so why aren't we focusing on trying to push them or shepherd them in the right direction? david: todd, then you have the case of those texas democrat s, who came here, made a specatacle of themselves by doing so, but turns out that they'd all been vaccinated, or so they claim, anyway, they have been vaccinated, yet, five or six of them ended up with covid. you have a lot of mixed messages going on here. todd: that's the key theme coming out of our government is the mixed message to broaden this out one mixed message to follow-up on jackie's point the rules for the not for me concept we like to harp on. david: look at speaker pelosi announcing a mask mandate while she didn't have a mask on. todd: but it's bigger than that. if you to the rules in america in 2021 you're punished but if you're coming across the border illegally with covid there are
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no consequences, and that is encouraged and the average american sits back and says what is going on? what do i have to do to do the right thing? >> to today's point i got my vaccine in march, i didn't get anything but now deblasio is saying if you want to go to one of our state-run sites you'll get $100 to get a vaccine. how come i'm being penalized because i was one of the first people to do it? david: right maybe you can clawback on that one. i'm just wondering, todd, i don't mean to be a conspiracy but we know how politicians extended their reach during the pandemic and very often, got addicted to this new power that they had, that they've never had before. are they over reacting to the delta variant? it's not supposed to be more deadly in fact we haven't seen any huge increase in deaths or hospitalization or anything. is this an over reaction so that they don't lose the power that they gained? todd: if you listen to obama nominee scott gotleib, he implied that i don't know if this make main date is that big
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of a deal or something we should be doing. i think it's a little bit of overreach, but to your point about these power-hungry politicians, who else is calling them out? they aren't getting called out on any of the local media out there. they aren't getting called out on the national media say for fox news and fox business, so they think everything is fine they think this is what the people want, and by and large the viewers of those other channels they kind of do want it david: jackie the mixed messaging is what's killing a lot of businesses because they need to plan. the thing about businesses that confuses them and makes their business more trouble than anything is when they can't plan for the future. how do you plan for just the next day when you're not sure what's going to happen by the end of this day? >> it's so difficult and so many businesses struggle to even stay alive, to get to this point , that they don't know what to do now but to susan's report a little bit earlier you talk about apple and google, making these changes, some new mandates, extending work at home, this is sort of setting the precedent for what others will do. lidia was reporting and talking
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about restaurant owners saying we can't require people to have a vaccine card to come into the restaurant. we can't afford to turn customer s away, then you have danny meyer from union scare hospitality saying nope, you do if you want to work here, come in this restaurant you need a vaccine card, so it's so difficult and these businesses are going to have to make the decisions themselves. david: what about customers? do you think that this huge increase in demand, the good increase in demand from customer s that we've seen over the past couple of months will dissipate as a result of fear, the fear factor maybe they won't be as anxious to go out to restaurants as they have been? todd: i don't, i truly don't. i think the demand was so pent-up. i think people are so frustrated with everything and the fact that it is summer, people are saying look, i determined last year that this was going to be the summer of fill in the name of the person there. i'm going to continue with that maybe to a certain extent they don't go out eight days a week maybe just seven especially in a city like this because people have been raring to go. >> and david they're paying more because of inflation. they don't care but there's a point when that has a chilling
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effect on the economy too. david: that's right absolutely. well, a lot of headwinds no doubt todd and jackie great to see you both. >> in person. david: that last new variant, knock-on wood. well, coming up, could infrastructure be a sign of a bridge over troubled waters for president biden? well karl rove says perhaps, he's going to tell us why, right after this. >> ♪
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and it keeps you at your best all day long. the new sleep number 360 smart bed is temperature balancing. and it helps keep you asleep by sensing your movement and automatically adjusts to keep you both effortlessly comfortable. proven quality sleep is life-changing sleep. only from sleep number. david: lawmakers claim to be making progress on a bipartisan infrastructure deal, but questions about the spending plan still remain. hillary vaughn has the details from capitol hill. hard to keep pace with all of this , hillary. reporter: it is, david, and democrats dreams of getting a $3.5 trillion spending package on human infrastructure is much closer to reality now that the senate has begun debate on the bipartisan infrastructure bill. senator bernie sanders says he is confident that they will have 50 votes to move forward on what could be one of the most expensive budget bills in u.s. history. the price tag may not sit well
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though with some americans keeping their eye on the debt clock and rising prices. a fox news poll out last month showed inflation is at the top of the list of economic concerns for voters. 83% are extremely or very concerned about inflation, 77% are worried about taxes, 74% about employment and 69% about the federal deficit but progressives in the house say their support for this bipartisan hard infrastructure package hinges on getting the reconciliation package through, saying in a statement yesterday, until the reconciliation bill is agreed to and passed with our priorities sufficiently funded, the investments we identified months ago are long-standing democratic priorities including affordable housing, medicare expansion, strengthening the care economy, climate action , and a roadmap to citizenship, but those democratic priorities they listed do not include priorities or worries about inflation, some democrats are worried about the debt and inflation.
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senator joe manchin said earlier today he's not supporting the reconciliation bill at this moment but he is keeping an open mind. >> we have to be worried about the inflation, we have to be worried about our debt, we have to be worried about what it does to our standings and things of that sort and get our financial house in order. reporter: and another democratic senator moderate krysten sinema has already come out and said she will not support the reconciliation bill if it does come with that $3.5 trillion price tag. david? david: might actually be a lot more than that price tag, so we'll wait and see hillary thank you very much. so is president biden making a sincere effort at bipartisan support here, or is this going to turn out to be another bait and switch? fox news contributor and former bush 43 deputy chief of staff karl rove writes, "troubles on the way both at home and abroad for biden as 2022 the mid-terms comes up fast" and karl rove joins us now.
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karl, great to see you. we'll talk about the trouble in a second but i first want to talk about this infrastructure bill and the whole bait and switch thing because we have a president who promised inclusion , he promised he was going to get reunification, not division. we got something very different in terms of his governance. are you thinking the same thing might be true with what he's saying about infrastructure? >> well, at times i have been concerned about it, but the fact of the matter is apparently, a group of republican and democratic senators have arrived at a bill. the bill takes the longstanding highway bill, and reauthorizes it for the coming, i think, five years, and then adds $550 million additional spending that's paid for by basically sop ping up a lot of the unspent covid money and a couple other that don't affect the 2017 tax cut bill, so so far so good. if it gets through the senate, which i think it will, then it's an advantage for both republican
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s and for biden, but then if it goes to the house and is blocked by the squad, and if nancy pelosi says we're not going to take that bill up until we pass the $3.5 trillion which is really a $5 trillion social welfare bill, then it's going to be a big defeat for president biden and the democrats and talking point for republicans. david: but would you allow me a little skepticism here because i've seen these bait and switch es for the past six months , i don't want to see another one. the point is that very often, democrats will use every trick they can to get in more spending and a lot of people are worried that some moderate republicans are falling for it that they will go along with infrastructure, but after they go along with it, democrats will find some way of using it as a springboard for much more spending. >> well, they might, but look. here is the deal. the republicans have an infrastructure bill that's geared towards infrastructure. if it makes it out of the senate and goes to the house, and the democrats kill it, then the republicans are not going to
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be voting for that $3.5 trillion american jobs plan, which as you and i both know is really, according to the people responsible for the federal budget, it's 5-$5.5 trillion and the difference between 3.5 and 5.5 is all debt, so, the republicans are not going to go for that. in fact the democrats aren't going to go for it. think about it. we got sinema saying i'm not going for $3.5 trillion and man chin is saying i want b to helpful but i'm not excited and you got surprisingly, john tester saying i'm voting to proceed on this but i get to decide what i'm going to do with the final bill. if you're john tester from monday tana do you want to vote for the version of the $3.5 trillion american jobs plan bill, which makes it very difficult if not impossible for farmers and ranchers to pass their farms and ranches down to their kids? david: i'm not betting on backbone in moderate democrats. i'm just not going to bet on that but we'll wait and see. i hope for your optimism is correct. let me move on to the headwinds
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for president biden, because there are quite a few of them starting with the crisis at the border. even democrat congressmen cuellar is saying we need a halt to immigration, we saw this horrible incident of dozens of at least dozens of immigrants coming across the border with covid, testing positive for covid but being spread into the greater community, causing problems in your state of texas, so isn't that, i mean, the media so far has been trying to blackout this information, we're reporting it, eventually it's going to get out there, you have democrats now worried about it what do you think is going to happen with the biden administration on this? >> first first of all cuellar has been worried about this for months, it was in january and february when the city of brownsville, texas had to start paying for covid testing because all of the illegals were being dropped off at the bus station and the bus said, the bus line said we're not going to accept anybody anymore, because this is a health danger to our passengers, other passengers,
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and our crew. this has been going on for six months and it's just simply the volume is such now and the governor of the state of texas has said no more. they're going to now have department of public safety troopers stopping these buses, stopping these vehicles, and turning them around because we can't afford to spread covid throughout our state. david: and he's doing something about it and that's great that they are, but the rest of the country, so far, this media blackout on the problems at the border, has been somewhat successful. is it conceivable that that it could last all the way through to the mid-terms or is the information going to get out there because a lot of these immigrants frankly are being bus sed to places pretty far away from the border, outside of texas. >> oh, yeah. oh, sure and look, look, it is an issue in 2022 yes, is it going to go away, no, because this administration will take no steps that are necessary to gain control of the border. they are going to try and hide it, try and distract it, not pay attention to it but it is a real problem and people around the country are getting it
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because you're right. these people are coming across the texas border, but they are being spread out across the country and think about this we now have a policy, catch and release, we catch them and we release them on their own to ask them to show up to the immigration officials. 13% have shown up. 87% segway, gone, and that kind of issue is only going to get worse for the democrats between now and november. david: very quickly we've got two other issues that people are seeing with their own eyes and they can't be called lying eyes, that's crime in the streets, that's all over the country, now we have the legalization of theft, et cetera, and inflation. which of those or take them both on if you can in 30 seconds >> well, inflation is going to be the bigger issue because the economy is going to be dominant. we've already seen we had good growth, but not great growth and we should have had great growth and i think if we're starting to see now the effect of the administration's policies, it's not going to get better in my opinion it's going to get worse and crime has changed from an issue where democrats
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could say i'm not in favor of de funding the police to where they've got to say i'm in favor of more police and i'm in favor of getting tougher because this image of 20 american cities cutting their police departments and rising crime is hanging to the democrats in a way that they don't want to have for the 2022. david: you did that in exactly 30 seconds you're a pro, man. >> you trained me david. david: great to see you, thank you, millions. let's take a quick look at robinhood if we could, because it has clawed its way back. it hasn't yet reached that 38 mark where it started the trading, but it was down just moments ago 12%. it's down now less than half a percent at $37.60 for a share, again still below that 38 price to start at but it has recovered a lot, since it dropped like a stone, so, maybe it will be in the positive before the days out meanwhile, it is making its big debut on wall street and coming back, we're going to be right back after this.
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so you can... retire better david: again, robinhood making its debut today and its been all over the place, although not in positive territory. it was down 12%, at one point and it's now down about 1.5% lauren simonetti has more news on that. lauren? lauren: david they were really looking for that big historic first day pop, and this is a luke warm reception from a hotly -anticipated ipo. so shares actually opened a little bit above here at 38, exactly where they had priced, which was at the low end of the range, and you know, they are just going down. robinhood set aside between 20 and 35% of shares for its customers, its clients.
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part of the dem okay rail entitlementization of trading mission, but we're hear ing that the retail allocation came in closer to the 20%, two potential reasons for that. sometimes the young and the novice investors don't understand the ipo process and they're thinly capitalized so if you take a look here the average balance in robinhood's 22.5 million accounts is $4,500 and the average age of the account holder is 31, but number two, conversely, david, those investors may understand the ipo process all too well, and they are mad. they're mad that robinhood restricted them from trading in those meme stocks back in january and they try shorting robinhood as revenge. that was actually one of the risks that robinhood addressed in its ipo. here is some of the other risks, sec and fin rail entitlement investigations, dozens of lawsuits and any sec crackdown or change on payment for order flow were 81% of their first quarter revenue came from. here is the larger question
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though. has demand for ipo's a risky investment as we saw with didi, has that peaked? are investors still willing to take that on, or do they have other ways, especially when you're looking at robinhood clients, do they have other ways to spend their money, sports gambling, getting smaller stimulus checks, the world opening backup again. maybe, maybe, robinhood should have postponed this ipo after they got some of these investigations out of the way. david: certainly a long way away from 70 where a lot of people said it was going to pop to. again it's early days, early hours and it may end up in the green by the end of the day and it was down 12%. its clawed back from there, but not much time in the green today lauren thank you very much well the latest gdp numbers showing the economy grew at a slower pace than expected last quarter. we also saw pending home sales fall 1.9% even though we expected an increase there, jackie deangelis and todd piro are back with us. todd, particularly about the
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home sales that's pretty dramatic drop considering we respect an increase. todd: i don't know why we were expecting an increase. there's not a lot of inventory out there that just threw the eyeball test. drive around your neighborhood look for signs you don't see a ton of signs anymore, and i feel like the rush was so big for about six months there, that everybody flooded out of new york city, the big city to go to the suburbs. that ate up all of the inventory you're not seeing that much any more, now obviously we're talking about the delta variant all morning long oral afternoon long so far, is that going to change going forward? who knows i just don't think that the inventories there and also in terms o of like new homes, where are the construction workers? nobody is working. where are you going to find the bodies. david: that, jackie, i think is what's causing the slow down. again, we shouldn't bury the lead. it was a 6.5% increase last quarter, the gdp, which is fantastic in normal times but these are not normal times and we were expecting 8.5% increase. again it's way off what was
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expected, and americans don't seem to be feeling as optimistic as they were a couple months ago partly because a lot of small businesses can't get the workers they need. >> there's issues right now, right? we are sort of moving in the wrong direction. those growth numbers would have indicated at the high side we're seeing gangbusters reopenings, but that's not happening right now. you've got the delta variant, you've got the lawmakers now saying maybe we need to sort of return to pre-reopening way, the cdc is saying even vaccinated people need to wear their masks inside. things aren't going in the direction that we wanted to. what i'm really concerned about right now as we head into the end of the summer, then you get into the fall and all of a sudden it's flu season again, we have to worry about that, that the lawmakers are going to say we sort of have to lockdown again, to a certain degree, maybe it's not as extreme before , but then you've got government saying well maybe we need to extend those unemployment benefits. david: todd you have, you just had the white house announcing that there was going to be an eviction moratorium extension that is we had that moratorium
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on evictions for all through the summer they are going to extend it past the july 31 deadline. do you think they may do the same with the unemployment benefits which could mean disaster for a lot of small businesses. todd: at some point, you've got to stop. if you're going to do this infrastructure bill, then you have the other infrastructure, which is a little bit on life support where is the money coming from? david: unless you pay them $50 an hour. todd: that can't happen. at some point, the economic equilibrium needs to stratify here and you can't have that because our markets, our world can't sustain $50 an hour and i'm not saying that those workers aren't working hard if you're in a fast food restaurant but that's not how it works because you're not going to pay $100 for a number one big mac. david: right all right we've got to move on. shark patrol is out in full force. numerous sightings forcing beaches to close we'll tell you what's going on and where, coming up. >> ♪
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david: at your own risk, ladies and gentlemen, shark sightings and a potential attack forcing beachgoers in new york out of the water this week. we're used to it in cape cod, not in new york. bryan llenas has the details from point lookout new york, hi, brian. reporter: david, good afternoon. well there have been at least a dozen shark sightings along new york's long island from right here in point lookout to lido beach to jones beach this week, leading to some temporary beach closing. in fact, this morning on jones beach, the beach had to close temporarily afterlife guards spotted at least three sharks measuring about six feet long. take a look at this video. it shows a shark yesterday on
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joins beach being captured and then released, on top of all of that, on monday, a jones beach lifeguard was bit in the leg while on a body board about 15- yards from the shore that's not very far at all. they suspect the bite or the nip on the leg came from a juvenile bull shark. lifeguards are seeing more and more black tip reef sharks. they have the black tip on the fin. the black tips are usually found in shallow waters in the tropical areas, but because of warming waters and storms, they've made their way to new york, following the bait fish. >> right off these waters where it wasn't just one, we had two, about six and a half foot sharks , black fin, which are predators spotted in these water s and we took all of the swimmers out. reporter: last year in response to increased sightings of the very aggressive bull sharks here in hemstead, they started a
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shark patrol and we spent the day with them. it is lifeguards working in tandem with the new york state police on the lookout for any signs of sharks. >> jet skiis, boat, and we'll look for bait fish in the water, we'll look for any fins, any birds in the ocean, anything that looks like something that could support a shark and we'll get people from shore that tell us they see something out there. reporter: now, once a shark is confirmed having been spotted in these waters they close the beaches for about an hour, and then they give the all clear , and swimmers obviously have to come out. david they were talking about how rare it is to see sharks. in new york there have been 12 shark attack since 1837 put that in perspective, there were 16 in florida in 2020, alone. david? david: they're rare but i've got to say, it does, because of movies like jaws, et cetera, they maybe rare, but still you worry about it sometimes. brian thank you very much, great
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reporting. back with our panel now, jackie, despite all this , do you get in the water? jackie: are you crazy? i'd be good shark bait. i have no interest in going in the water and brian is saying if there's a sighting we'll close it down for an hour and we let the swimmers go in? where do you think the shark went in an hour? todd: i'll be counterpoint. look we've had zero days of sun this entire summer. the one day i did go to visit my parents at the beach as a new parent, you know that your number one job as a new dad is to be pack mule. i spent four hours setting up and breaking down i didn't get time to go in water. i'm going this weekend. i am going in. it'll be real shark versus daddy shark. daddy shark is going to win. david: [laughter] and jackie, i hate to be one of the guy against the gal here, but i'm from cape cod. i've got my place up in cape cod i was swimming i've been swimming all summer. i don't care, i know cape cod has had bad attacks, there was a deadly one last summer as a matter of fact but i'm with todd
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jackie: okay i'm not going to tell you what the to do, do it at your own risk. todd: personal freedom is the theme of the day whether it comes to mask, vaccines, shark swimming. david: isn't it fun to meet in person? that's why this mask mandate is scaring the heck out of me because i love the dialogue. todd: we'll come to your house if they send us home again. david: as long as they bring a camera that's fine we want the audience to catch this stuff well from sharks in the water to not enough water, the historic drought out west is worsening, and it's forcing some ranchers to make extreme measures, connell mcshane is in wyoming with some details on that. connell? connell: hey there, david good to see you, a long time rancher out in this area as david was saying this drought has been something else and you've seen a number of them over the years but how bad is this one? >> well it's pretty severe and we don't know when it's going to end. people have had to sell cattle early. we may have to sell them early we're hoping not, but if we run
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out of feed completely, we've got to go with them. the calves they are going to weigh less this year than they did before, and so that's less dollars per-head and that really affects your pocket book. connell: if you're looking in the background maybe saw green grass out where the cows are crazing but if you look at the ground where we're standing you get a sense of how dry it is, to that point about the economics, how does it work for you? you make less money as they weigh less? >> yeah, they weigh less, we sell them dollars per pound, and this year, they'll be around $2, we're hoping, and so when you get less money, because the pounds are less, then that affects you down the road. connell: what do you do? the government helps out with programs, a guy like you probably doesn't necessarily want government help. >> they will help a little bit in the drought. we'd rather have green grass and
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just do it ourselves but so that's been a little bit of a help, but long term, i think we'll be all right connell: just a cycle not some kind of a new normal. >> i hope it's not a new normal , yeah. connell: rob good luck with everything out here. thanks for having us out it's a beautiful place in the country in wyoming but its been a tough period of time, david, for these ranchers, because they are just so reliant on mother nature, what are you going to do? pray for rain and they are supposed to have a few thunderstorms this afternoon but its just been so dry for so long david: i'm looking at notes pictures, it's extraordinary how dry, but he's got the right attitude. i think you've got to prepare for a cyclical problems, and mother nature will work its way out of this i think. coming up, former nfl star jack brewer on the battle over crime, police, and the brawl in the democrat party over prison and police reform. more on that coming up with jack >> ♪
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>> [applause] >> our system designed to trap black and brown men. >> i'm no longer running against kennedy. i'm running against a movement. all across the country, the socialists. david: so as a crime spree surges across the nation, democrats socialist congresswoman alexandria ocasio-cortez is at odds with new york city democrat mayoral candidate and former police captain eric adams on how to deal with a crime issue. i want to bring in former nfl player jack brewer who works in prisons across the country for his take, who do you think got the best of that argument, jack? >> well, i don't think aoc ever gets the best of most arguments particularly when you talk about crime in the way that you address it in these communities that are hurting. listen, the bottom line is we can't continue to talk about release dates and sentencing
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reform without actually talking about real programs, and real criminal justice reform. that means going into these communities and actually giving these folks the opportunity to rehabilitate themselves. they always talk about criminal justice reform and it's all about release states, it's all about going in and letting everybody out of jail, but you never talk about actually going in and helping the sick, and we get confused about this so much, david. folks that go to prison oftentimes are sick, and so the jails in these communities, these prisons that are going in, are actually rehabilitating these people. these people are sick, and until in this country we start to realize what the true issues are that we're facing, we're never going to find a solution. we're just going to have political bickering back and forth, in these governments and these cities are going to take these massive multi-billion dollar budgets and dump them in the criminal justice systems that aren't working. david: well, or remove them from the , i mean what she is calling for is an end to the prison system entirely. what you're calling for is
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reform of the prison system. that doesn't mean you let violent criminals out now. we see all of the recidivism, the criminals who commit a violent crime, very often, are released without bail under these new so-called reforms that we have, and honest law abiding citizens are scared to death. they just want safe streets. they don't care how it's done. >> it's absolutely ridiculous, david. we are just chastising the media , and no one takes into account that we offer the best rehabilitation programs for inmates across america in parts of the world and it's just so bad that the political rhetoric has gone from focusing on the actual person that is sick, the person that is actually in those prison cells, and now we're talking about just getting rid of all prisons when joe biden came in with that executive order, he hurt so many families across this country. if i had a family member that
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was going to prison, i'd want them in a private prison system where at least they have air conditioning. i mean, the conditions of some of these prisons and the fact that you're putting people in prison, not even giving them a chance to get their ged, not giving them a chance to actually rehabilitate from the illness or sickness or the addiction that may have put them behind bars, it's inhumane and unamerican, and the way that we talk in a post-criminal justice in this country needs to change. we need to sit at the table, across democrat republican, left or right and start really focusing on the people that are incarcerated. there's over 3 million people in prisons and jails across america , and a lot of those folks are black and brown, but if you care about them you're going to offer them the rehabilitation programs that they've never been offered throughout their life and many are fatherless. we have over 70% of african americans born in this country without a father and that means you're 20 times more likely to have a run-in with law enforcement. are we going to fix that root cause issue or continue to
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politicize people's lives? it's not right. david: by the way many of them are women as well and my wife for one was working with a group that went into council women and deal with the children that are left outside when the women are incarcerated as well so there's a lot of work to be done but you hear the rhetoric coming from ao c, and she's calling it a carceral prison system and for those that don't know the word it's used for totalitarian governments like the old soviet union, the system that they had, where of course there was nobody like you, there was nobody like my wife, there was nobody like people that cared about trying to rehabilitate some of these prisoners so when she's using that kind of rhetoric and the solutions from her side are simply releasing people, or de criminalizing theft, as you're seeing in places in california, in new york, in chicago, where people are walking into stores and filling shopping bags filled with up to $1,000 worth of stuff and walking out. that's unamerican as well.
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>> it is, and she is not qualified to speak on these topics. she does not walk into the prisons. i go to the prisons every week and volunteer my time. she's never gone into these prisons and actually understood the complexities that surround rehabilitating these inmates, so what gives her the right to speak on behalf of the millions of folks incarcerated? she has no right. she has no knowledge on these issues, and this rhetoric has to stop because it's really affect ing people, and if you talk about spirituality the word of god tells us to go out there and visit the captives and treat them properly but what she's doing is counter productive, to those missions, and it's just, it has to stop and i'm so glad, david ursino guys are covering this because this topic needs to be addressed in this country. our criminal justice system is broken. david: the way you're address ing it is so important because to get away from the extremes what aoc is saying and what these radical prosecutors are doing you can do both. you can keep our streets safe without just releasing people
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willy-nilly violent criminals that are going out threatening law abiding citizen, while at the same time, dealing with the problems within the systems, dealing with real rehabilitation that is possible because of people like you. >> it is. just ask the inmates. i don't make these things up. i go into the prisons and the inmates tell me exactly what has worked for them and what hasn't and you can look at so many i just hired my program director, served over 22 years in prison, and the reason he's around my kids, he helps us out. he has rehabilitated his life because he went to a private prison that's supposed to be a demon and actuality they offered him quality care so these things really work. the proof is there if we want to have the open dialogue and these politicians really want to put their money where their mouth is and they really want to stand up for criminal justice reform, they'll join me and come walk into those prison walls and see the programs that work. david: very quickly, we're almost out of time, but the fact is that a lot of the homeless ness problem can be
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dealt within the same way. you can have policing but the police are joined with social service representatives who can see what the problems are, the people on the street that's what rudy giuliani did in the 90s to solve our homeless problem, very quickly, you got five seconds. >> yes, you can't cast people out you have to rehab them, homeless folks are the same suffering from addictions. if we address those addictions alongside law enforcement, who are there because they care, we'll solve these issues in our nation. david: you don't enable them by keeping them on the streets it's not a good thing. jack wonderful to see you great conversation, thank you very much. well robinhood having a bumpy debut on wall street the brand new stock paired some losses but it's still down about 4% right now. >> ♪ curing portfolios, time after time. gold. your strategic advantage.
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we provide security that's made for business. and offer plans as low as 30 dollars per line. come to verizon small business days on fridays in july to get a plan that's built right for your business. do you have a life insurance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. our friends sold their policy to help pay for their medical bills and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned that we can sell all of our policy or keep part of it with no future payments, who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. if you have one hundred thousand dollars or more of life insurance you may
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