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tv   Cavuto Coast to Coast  FOX Business  August 27, 2021 12:00pm-2:00pm EDT

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points, good for a six-tenths of a percent jump. the nasdaq up more than 1%, the s&p up close to 1 is % by the way, both the nasdaq and s&p recording intraday highs. so there you have it. the markets responding also to dovish comments from fed chairman jay powell. our time's up, neil cavuto, take it away. neil: all right, ashley, thank you very, very much. we are following these developments you nicely outlined there including the comments from jerome powell that seemed to be very market-friendly. in other words, he was signaling that the tapering, that is the federal reserve buying less in terms of treasury securities and treasury notes and bonds, that was offset by the fact that he's in no rush to do it even though he signaled that it could be happening this year. but the offsetting news that the markets really hiked is there's no imminent hike in rates.
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on the other side, still hooking at these updates on that explosion yesterday in afghanistan that has claimed so many lives besides 13 u.s. soldiers. the details of which are very, very unsettling as we find out more what happened. but local hospitals report they have at least 145 bodies which would indicate a greater death count than was originally, originally reported here. so we're keeping track of that not only with jennifer griffin, hillary vaughn is, we've got chad pergram with, we're going to be talking to congressman brian babbitt, what he thinks we should be doing next and concerns he has about what happens on tuesday when, supposedly, we leave. let's get to jennifer griffin at the pentagon with the latest. >> reporter: we just came out of the pentagon briefing with secretary kirby -- [inaudible] and they still continue to have realtime threat assessments that isis-k still wants to attack
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u.s. forces at the airport. these are streaming in. i've been told by u.s. officials that they are even worse intelligence estimates, worse threats of attack including vehicle-borne ieds, car bombs, truck bombs coming toward the airport. that threat stream continues. i asked john kirby about how the military can be so certain that isis-k was behind yesterday's suicide attack. here's what he said. how can general mckenzie say with such certainty that the taliban were not involved in the suicide bombing? i understand that you're reliant on them for protection around the airport, but are you ruling out them being involved because you're so dependent on the taliban right now? >> actually, i didn't hear general mckenzie put it that way, jen. in fact, i think in one of the questions he got, you know, he asked was it a failure, and the general said, of course, there was a failure somewhere,
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obviously, and he even alluded to the fact that it could have been a taliban checkpoint. we've not been certain about that. >> reporter: neil, we've also received new video from the site, and i can warn viewers that it is very graphic video, but it shows the devastation outside abbey gate where those u.s. marines and soldiers were standing when they were killed. these images are of afghan civilians who were killed in the ravine outside the abbey gate. we did learn more details from the pentagon about the attack yesterday. as we know, sometimes first reports can be wrong, and yesterday we were briefed that there had been two suicide bombers, two attacks, one at the barron hotel about 200 meters, 200 yards from abbey date. it turns out there was only one suicide bomber, and that was at abbey gate. there was not an explosion at the barron hotel, but there were gunmen, isis gunmen, they say, or gunmen who fired on u.s. forces after that suicide bomber
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went off at the gate. so this was a complex, coordinated attack. i also asked john kirby about the isis is-k prisoners who were released at bagram air base after that was taken over by the taliban after the afghan national army fled. how many isis-k prisoners were left at bagram and are believed to have been released from the prison there, and why weren't they removed before the u.s. pulled out to to someplace like gitmo? >> well, i don't know the exact number. clearly, it's in the thousands when you consider both prisons, because both of them were taken over by the taliban and emptied. but i couldn't give you a precise figure. and as for -- i mean, remember, we were turning things over to afghan national security forces. that was part of the retrograde process, was to turn over these responsibilities. and so they did have responsibility for those prisons and the a bases at which those
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prisons were located and, of course, as the taliban advanced, we didn't see the level of resistance by the afghans to hold sommer story, some bases -- some territory, some bases and, unfortunately, those were the bases that the afghans didn't hold. but all of those responsibilities were turned over in accordance with the retroto grade plan back in april. >> reporter: in other words, neil, those released isis-k prisoners are serving up a shot of adrenaline to terrorist groups on the ground in afghanistan. back to you. neil: so, jennifer, just to be clear on this other development you uncovered, that the u.s. servicemen who died, they didn't all die of the explosion, but what seemed to be a coordinated next layer of the attack after the explosion in which our soldiers were shot. >> reporter: well, it's not clear if any of the u.s. service members were killed by the gunfire or killed in that initial explosion. the pentagon can't say that at this point. we did ask them, but it is
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notable that it was a complex attack clearly planned to have those gunmenning in position after the suicide bomber went off. neil: just incredible. jennifer, thank you very much. jennifer griffin at the pentagon. to hillary vaughn at the white house right now. the president meeting with the israeli prime minister, that was put off after yesterday's developments, so what can you tell us, neil? >> reporter: hey, neil. just going into the oval office, but we do know that they've been meeting for over an hour, and you're right, this meeting was delayed. it was supposed to happen yesterday. the two actually talked on the phone last night, and the israeli prime minister expressed his condolences for the military members that lost their lives yesterday in that suicide attack. but -- suicide bombing attack. but two of the big topics that we are expecting to come up in this one-on-one meeting between the two and the then the bilateral meeting with other members of the white house's national security team is going to be iran.
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the prime minister has said that he really is going to pressure president biden to not met iran go back -- not let iran go back into a nuclear agreement when there's essentially no goodwill or demonstration on behalf of iran to abide by any of the requests of the administration when it comes to nuclear proliferation. but there is also a concern of afghanistan coming into play here because iran has essentially been frozenning out economically because of u.s. sanctions, but they've seen a golden opportunity with the taliban takeover in afghanistan. they started exports to afghanistan, that is giving the taliban much-needed gas and iran much needed cash. so that is a big concern on the mind of israeli prime minister today. that's something that's going to be discussed. but also with this suicide bombing that we now know isis-k is responsible for in afghanistan, that was something that they talked about on the phone last night. you would expect that it would
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also be coming up today really on top of the agenda because israel is just as much of a target as america is when it comes to terrorism, when it comes to isis, and now isis-k, this faction in afghanistan that is responsible for these attacks. and so it will be interesting to see as they're taking questions from the pool reporters in the oval office if the prime minister has a position or any recommendation or really an effort to collaborate on trying to go after the isis-k fighters in afghanistan that were behind these attacks but also if israel is concerned that now there is essentially a petri dish in afghanistan where isis-k is able to grow and kind of establish this growing global call hi fate in afghanistan -- caliphate in afghanistan as a home base where they're losing territory in other places around the world like in syria and like in iraq. if neil? neil: all right.
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complicates everything, hillary vaughn, thank you very much is. again, the president meeting with the israeli prime minister. any more news comes of that meeting, we will, of course, keep you posted. meanwhile, technically the congress is in their summer recess right now. as to whether they come back with early because of all of these developments, so far, i guess, chad pergram, it doesn't look like that's happening. >> reporter: no. house minority leader kevin mccarthy is demanding nancy pelosi recall congress to deal with afghanistan. in particular, mccarthy wants additional briefing with on afghanistan. the members were disappointed in briefings they received earlier this week. again, what would that achieve and, number two, what would you want congress to do? >> we'd go back and get an update. why? because what took place yesterday, we haven't had that type of loss to our troops in more than a decade. >> reporter: mccarthy also wants the house to pass a bill to extend the mission in afghanistan until all americans are out. mccarthy wouldn't go as far as some republicans who want the
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president to resign or face impeachment. gop senators marsha blackburn and josh hawley want president biden impeached, others want the cabinet to invoke the 25th amendment and remove the president. democrats aren't pleased with what happened in afghanistan but are glad the is leaving after 20 years of war. >> with almost no exception, there's broad agreement that it was time for us, long past time for us to depart from afghanistan. you know, i was there eight years ago, and i could tell myself that this was just never going to end well. >> reporter: some democrats who previously supported the withdrawal are now calling for an extension of the mission in afghanistan. neil? neil: chad pergram, thank you very, very much for that. we want to go to congressman brian babbitt right now, texas republican, u.s. air force captain, retired, father of a navy seal himself, both steeped in incredible service to this country. congressman, it looks like we are leaving next tuesday regardless.
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i could be wrong. there's an understanding that extenuating circumstances could keep us there longer, but it seems highly doubtful that we would stay longer. that worries you, right? >> that worries me immensely, and i hope that that is not the case. you know, with -- and first off, let me just say our prayers are very deeply and profound for the families of these deceased and kia individuals in the marines and a navy corpsman and for the families of those wounded. but nevertheless, what we have here is just a string of terrible, terrible judgment and decisions that just have left, you know, the door open for further failure. i mean, we've had a string of decisions like the arbitrary or evacuation date itself that you just talked about, the august 31st. we cannot let the taliban make that decision for us. and end then the decision to
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give up bagram air base to the taliban, that's incredible. two runways, easily defendable, isolated, and here we are stuck in kabul. evacuating our troops before american citizens were evacuated, it's just incredible that that was done. depending on the taliban for our security, amazing that we would be competent on a terrorist -- dependent on a terrorist group. and then giving them a list of our people, our allies' names, green cardholders and american citizens that are trying to get out? i mean, that that's a death sentence especially for these afterren began allies. and then leaving, worst of all, i think, is leaving $85 million worth of equipment there. what to do now, neil, we've got to go on to offense give. i -- offensive. we retake bagram, we pay no attention to this deadline, we -- can any resistance i think we need to meet with force, and we've got to reacquire and
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destroy every bit of that usable equipment we left in the country. our biggest priority now is to get americans out of afghanistan. deadline be damned. we cannot be held to that deadline whatsoever. neil: you're impressive, gentleman -- congressman, but i don't think any of that's going to happen. i know how passionately you feel about that, but it doesn't look like it's going to happen. and it also looks likely that at least some americans are going to be left behind. and a good many of our afghan friends even though the administration touts the fact that more than 100,000 have gotten out of the country since the taliban took over the country. tens of thousands more won't be so so lucky. what do you think of that? >> i am so, so very, very disappointed the even hear this. and i actually am calling -- you know, what you just said, looks like it's going to happen irregardless of what we republicans think, but this is
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why i think we need leadership change. i think that this president is hopeless as a commander in chief, he's totally incompetent, he's totally incapable of -- he doesn't listen. i think he needs to resign immediately. i think he ought to be removed using the 25th amendment. even some democrats have even talked about that. or even an impeachment. i don't think or america can any longer -- neil would you feel more comfortable, would you feel more comfortable then, sir, with a kamala harris? >> no, i would not. but i can tell you that -- she is unproven except on the border, she's been totally incompetent on the border. but this president, joe biden has been incompetent for 40 years. i think everything he has done on a foreign policy basis, i mean, even former secretary of defense robert gates under obama said he holds the record for being wrong the most times throughout a four-decade period.
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so i think he needs to go, i really do. ing i think the democrats should see this, that this is a total disaster for america's standing in the world, for going forth. we're slipping, slipping out of first place fast, and we're reestablishing the taliban back to 20 years ago. and we're leaving our friends in the lurch. and and one of the most damaging things is our allies don't trust us and think we're treacherous, and our enenemies think that we're weak -- enmies think that we're weak. and that is a bad situation. we cannot tolerate that. neil: again, it looks very likely that the president's going to the to stay in office. i know there's been a push to impeach him or, you know, force some accountability, but it doesn't look like there's an urge to do that for the time being. so what do you envision for this biden presidency? >> i envision that unless we have some democrats that finally
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come awake and say that this country is probably in greater jeopardy than it has been in many, many maybe even a couple of centuries, that we're going to have to wait until we get to the midterms next year and then, you know, and that's not a pleasant thought because so much -- look what we've gotten in the first eight months of this presidency, neil. we've got crisis after crisis on the border, the economy, energy, you know, you name it. now in the middle east. i don't know how much more damage this guy can do. he doesn't listen to his own people. and he -- well, he may be listening to some of the wrong people taxer's what's happening. that's what's happening. and i don't know if this country can survive intact as a, as the proud nation, the greatest country in the history of this planet with this type of leadership. and, you know, if the democrats
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don't wake up, i can tell you that the republicans certainly are wide awake, and i know that the american people -- i can't tell you, my phone, my e-mails, texts, everything, they're reaching out, constituents, very concerned about -- especially vet is irans. they cannot even fathom what is happening. i was in the air force back in the fall of saigon, and, you know, this -- that pales to insignificance when you look at this thing. this is the biggest hostage situation, i think, in the history of our country. and, you know, yesterday they celebrated women's equity day yesterday on this horrible, horrible day. and it's just, it's just -- in congress. it's ridiculous when you think about it. we have got to save this great republic of ours, neil -- neil: all right, congressman. you -- i can, i can feel that passion from here. be well, we'll see how these
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next few days go in afghanistan. brian babbitt, the texas republican, retired air force captain, father of a navy seal himself, echoing the view of a large swath of folks that feel that the president's boxed in and maybe permanently botched our relations maybe not only that side of the world, but across the world. it's still early and a lot could still happen, that's the worry. no such worry at the corner of wall and broad where stocks are advancing, almost everything to do with the chairman of the federal reserve who apparently said everything right, or so it would appear. after this.
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than that, they're still put off into the future, certainly at the minimum of 2022. i don't know if they have leaped the these conclusions prematurely because, you know, central bank leaders, whenever they talk, i never can make out what the hell they're saying because they're so vague and deliberately vague. but i know a smart guy who can, and that would be our edward lawrence. you've had a chance to talk to a number of fed district presidents and the like. they are in that camp that wants to get the tapering thing going, the sooner the better, but they don't seem to be in a rush on rate hikes, and that does seem to be the signal jerome powell has given. explain where we stand on this. >> reporter: yeah. and the market seems to like, what you were talking about, it seems to like what the fed chairman had to say. inflation is going to be the key here. the chairman making official what we've been hearing from from a number of fed district presidents, that they believe the substantial further progress has been made on inflation. that's opening the door for reducing the assets for
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purchases by the federal reserve this year possibly. powell hedging on that a little bit saying that they will watch the data related to the delta variant and how that impacts the economy. he also gave no good time frame as to how long the tapering will take. kansas city fed president esther george told me we'll get more clarity out of the september meeting. so powell spent most of his speech talking about inflation, going all in on the fact that it's temporary. he acknowledged that the pce numbers just released are concerning, 4.2% year-over-year and core pce totaling at 6.3%, but he said those are impacted by the reopening, the demand for cars, airline fares which has started to level off. >> but that concern is temperedded by a number of factors that suggest these elevated readings are likely to prove temporary. this assessment is a critical and ongoing one, and we are carefully monitoring come
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incoming data. >> reporter: so others not so sure inflation will fade away so easy. st. louis fed president jim bullard who will have a vote next year on setting policy said he wants the tapererring done by march so they can use the fed's main tools to keep inflation in check. listen to this. >> i think it will moderate some going into 2022 but not as much as many people are hoping. and so i'm expecting even in 2022 that core pce inflation will be above 2.5%. and as you say, you know, the typical person in the economy can't avoid paying for their gas or for their groceries. >> reporter: going to be paying more. on interest rates the federal reserve chairman anticipated he wants it unchanged as the tapering a happens. bullard says inflation will dictate if a hike is needed, he says, in 2022 rather than waiting until 2023. back to you.
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neil: we're awaiting very soon to hear from the president meeting with the israeli prime minister, but one of the things that has come up on this whole tapering back and forth is you eventually have to do something. and there's an interesting column in today's washington post by larry summers, the former secretary, who likened it to our incrementalist approach in places like afghanistan, even vietnam where where when we just have to make a firm decision and do something to get ahead of something, we regret it later when we don't. the same with taping. he said it's not justifying, he said the crux of the data is the economy's pretty strong, things are moving along pretty well. we're ready for this, but we're reluctant to do this, and it could be the death of us. what do you think? >> reporter: yeah. you know, and there are some of these shocks here they have to worry about and this is what some of the fed presidents are telling me they're concerned about that want to get this done earlier, more hawkish, so to speak. for instance, james bullard was saying he basically wants to
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reduce the asset purchases by maybe $20 billion a month on the treasuries, $10 billion a month on mortgage-backed securities per month as it goes down and at a quicker if pace in order to get that out of the way. therefore, if inflation doesn't come back down, then they could use their interest rate tools to get it back up. neil: got it. edward, thank you very much. the president meeting with the israeli prime minister. let's dip into this. >> let me begin by once again acknowledging the bravery and the sacrifice that our military makes every single day. the loss of americans and marines and the sailor, personnel, is tragic. as i said yesterday, and the prime minister and i have talked about it as he's a military man, gone to war, lost a friend if, you know, losing a son, a daughter, a husband, a wife is
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like being sucked into a big black hole in your chest. you don't think there's any way out. you wonder what's happening. so my heart goes out, our hearts go out to all those who we've lost. but, look, the mission there being performed is dangerous, and it's, now it's come with the significant loss of american personnel. but it's a or worthy mission because they continue to evacuate folks out of that region, out of the airport. they've evacuated more than 12,000 additional people out of the airport in the last 24 hours. i met with my commander this morning first thing in the morning, got a detailed briefing about yesterday's attack and the measures being taken to protect our forces and complete the mission, and we will complete the mission. i'm not going to take any
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questions because of the prime minister being here on afghanistan now, but we'll be available -- [inaudible] but it's great to have the prime minister here. we, we've become close friends. i told you we have a few corporations back in the day when he was in private practice. but he heads and leads the most diverse government in israeli history, and we've got a bug agenda today -- big agenda today starting with covid which we've been talking about, both of our successful vaccination programs, and we've talked a little bit. we're going to continue to talk about the issue of booster shots you started your program early, it's met with great results. we're going to start mid
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september. but we're considering the advice that you've given that we should start earlier. and this is a promising, also, these booster programs. it's going to start here september the 20th pending approval of the finishing da and the ckc -- fda, cdc, outside experts. and the question raised should it be shorter than six months, should it be as little as five months. that's being discussed. i spoke with dr. fauci this morning about that. we're also going to discuss israel's unwavering, unwavering commitment that we have in the united states to israel's security, and i fully, fully, fully support replenishing israel's iron dome system. and we're also going to discuss the threat from iran and our commitment that iran never develops a nuclear weapon. but we're putting diplomacy first and seeing where that
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takes us. but if diplomacy fails, we're ready to turn to other options. we'll support israel developing deeper ties as well with the arab and muslim neighbors and globally. it's a trend that i think should be encourages, not discouraged, and we're going to do all we can to be value-added. we're also going to secure ways to advance a peace, prosperity and security for israelis and pal stip. januaries. and we're also going to work toward the fulfillment of the requiring of the vis a vis waiver program. so -- visa waiver program. so, mr. prime minister, i want to thank you for coming. the u.s. will always be there for israel. it's an unshakable partnership between our two nations, and as i have known every israeli prime minister since governor da mire -- golda mire, gotten to know them well, and i look forward to us establishing a
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personal relationship. so so welcome. [background sounds] >> thank you, mr. president. first of all, on behalf of the israeli people, i want to extend our condolences and deep sad isness for the loss of -- sadness for the loss of american lives in kabul. the american service members lost their lives while on a mission to save other people's lives, and that's the very definition of courage and sacrifice. may they rest in peace. especially on this day, i want to be crystal clear, israel always stands together with the united states of america unequivocally. i also want to thank you for your warm words now and if our private meeting which attests to your support of the state of israel. but that's not new.
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it's been decades, and you've always stood up for us, especially during tough times like a few months ago when thousands of rockets were being shot on israeli towns and cities. and that's when friendship is really tested. we trust in your support, mr. president, and israel knows that we have no better or more reliable ally in the world than the united states of america. i come here from jerusalem, our fraternal capital, and i bring with me a new spirit, a spirit of goodwill, a spirit of hope, a spirit of decency and honesty, a spirit of unity and bipartisanship where folk ifs,
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as you suggested, harbor very different political opinions, even even opposing. yet we all share the deep passion to work together to build a better future for israel. and that's what israel is about. we're out to be good, to do good. but in our region, doing good is not enough. israel has to be strong in order to do good. be strong so we can do good. and we cannot lose sight for even one moment that we're in the toughest neighborhood in the world. we've got isis on our southern border, hezbollah on our northern border, islamic jihad, hamas, iranian militias that surround us, and all of them want to kill, kill us, kill israelis. they all want to annihilate the jewish state is. and that's why israel always has
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said we're overwhelmingly stronger than any of our enemies and, indeed, of all our enemies combined. that's why i want to thank you, mr. president, for helping yet again to fortify israel's strategic advantage. obviously, the main issue we're going to be talking about today here is iran's race to a nuclear weapon. we talked about it inside the room. and i was happy to hear your clear words that iran will never be able to acquire a nuclear weapon and that you emphasized that we'll try the dib lomatic -- diplomatic route, but there's other options if that doesn't work with out. so is, you know, these very days illustrate what the world would look like if a radical islamic regime acquired a nuclear weapon. that marriage would be a nuclear
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nightmare for the entire world. iran is the world's number one exporter of terror, instability and human rights violations. and as we sit here right now, the iranians are spinning their centrifuges in natanz, and we've got to stop them. we both agree. so we've developed a comprehensive strategy that we're going to be talking about with two goals. the first goal is to stop iran on its regional aggression and start rolling -- [inaudible] and the second is to permanently keep iran away from ever being able to break out to a nuclear weapon. as i told you, mr. president, israel never has and never will ask america to send troops to defend to ourselves. that's our job. we will never outsource our
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security. it's our responsibility to talk care of our state. but with we do thank you for the tools and the back you been with giving us and you're giving us. i said we're also going to be havoscr toshecroscros world.ld ter f to calhehehe demian the uninndva thava iouldldld ttry tghghecision, polic pygo tk st.n teehe boost bhot, b the 've r almos 3 mile israelisraelt hat eivedei tveheo ne it's safe and it works.
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the good news finally is that the tide is turning in israel. and what else works, mr. president, if i may, you're a man of faith. as am i. in the synagogues across the world, we read a biblical portion that's called the -- [speaking in native tongue] , and tomorrow we're going to be reading words of the prophet isaiah. in hebrew the words are -- [speaking in native tongue] >> what this means -- i can say anything now, right? what this means is the sons and daughters of the jewish people are going to come back to our land, our going to nurse our ancient land and rebuild it.
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and this ancient jewish prophesy is today's israel reality. and it's a miracle that you've been so central, so part of it for so many years. so, mr. president, today you and i -- and you've been so generous with your time in these difficult days -- you and i are going to write yet another chapter in the beautiful story of the friendship between our two nations, the united states of america and the jewish and democratic tate of israel -- state of israel. both of us who seek to do good and need to be strong, both of us who are a lighthouse in a very, very stormy world. thank you, mr. president. i look forward to working with you now and for many years forward. thank you. >> well, thank you.
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you give me credit, much of which should go to barack obama for making sure that we committed to -- you would have relative to your friends in the region. he's the one that deserves the credit. >> thank him as well. >> thank you very much, folks. [inaudible conversations] >> let's go, thank you. neil: i can never get enough of, like, 40 journalists shouting questions at the same time. and sometimes, sometimes -- the reason why we stick with it is sometimes the president will answer one of those questions. that's why we hang out a little long. i'm always amazed at who can shout the how old arest. anyway, the -- the loudest.
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the president made it clear with the israeli leader that we have not, you know, retreated from our war on terror in the region right now that certainly has experienced enough of it, and the latest indication, of course, the attack yesterday that has claimed better than 145 lives, 13 american soldiers. the president quick to remind us our work this there dose on on -- goes on, the evacuation goes on. the numbers, 12,500 have been evacuated in the last 24 hours even with those attacks when a lot of the airlifts had stopped. we're getting separate reports of a plane that just landed at dulles that was on the ground for 10 hours, that they went through the paperwork of each and all the afghans on that particular plane. don't know what the confusion was or is or whether it's entirely been resolved, but again, this is some of the things that are happening as these planes with refugees are going to airports all over the world. also want to let you know that a
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you know, nothing really changed, i think, on the surface, gary, but maybe the markets are getting preparedded for the possibility that the tapering starts sooner than they want, but the hike in rates, not so much. what do you think? >> neil, i'm on the record not in our lifetime are rates ever going to go up again. they are going to stay at 0%, they are not going to move off of them. the markets know that. and farce the tapering -- as far as the tapering, they have been threatening for months that if the economy got better, they would taper. they didn't. they said if unemployment came down, they would taper. they didn't. and if inflation went above their 2%, they would taper. they didn't. so i'm a big believer, and i write about them all the time, don't listen to a word they say. watch what they do, and markets absolutely love it. i think the s&p, which is at 450, it's going to be 5000 plus, more, i think the nasdaq is 15,
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towards 17, 18. and greed, you know, fills up the room when you get the fed and these unimaginable numbers doing the trick. and that's what we see happening. neil: so real quickly, the federal reserve does start tapering when it says it might if, by the end of the year, laying the groundwork for this, what would the reaction be if it happens in. >> taper's going to be a few billion dollars. maybe the market holds back a little bit. between europe and us, we are printing 250 billion a month. if they lower to 240 billion, that's the still three times as much as bernanke was doing when we were in the depths of tech and the financial meltdown. so, again, these numbers are unimaginable, and they're going to continue to fuel the market notwithstanding pullbacks that we're going to get every now and then. and with the that nasdaq and nasdaq 100 breaking out in the last week, nothing but good usually comes from that. neil: wow.
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low rates in our lifetime, it stays that way. but, you know, i'm getting to the point in my lifetime, gary, where a long life is next week dinner. so we'll see what happens. but, gary, very, very good stuff. thank you, my friend. phil flynn is with us now. what do you think, phil, they can hint at moment they're going to do something -- that is, the federal reserve -- but we've gotten used to them not having to do that. what do you think? >> you're absolutely right. i mean, they backed off, you know, pulling back stimulus before, but i think the dynamic is changing just a little bit. we're starting to see some inflation pressure start to creep in. consumers are losing confidence, neil. look at what we saw in the numbers again today from the university of michigan. they're feeling the heat from higher gasoline prices, they're feeling the heat from higher prices, and so the fed really is in a a tough situation if those prices continue to go up and there's no signs right now that that's going to stop, they may
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be forced to act to at least send a signal to the market to slow some of that down. and if not, it could cause a bigger issue as far as the overall economy. people get nervous, you know, about how much money they have in their pocket, they stop spending. that's a real problem for the economy. neil: all right, phil. sorry to cut this short, but phil flynn following all these developments here. the fact is on the energy front, as you were just showing gas prices, they've been stubbornly high, not really benefit had the effect when oil prices came down, they're at pretty high levels here. also keeping an eye on the president of the united states and waiting to hear more about how this airlift continues right now. 12,500, the latest evacuated in the past 24 hours. i think that brings us to roughly 110,000 who have been jetted out of the country since the taliban took over the country. stay with us, you're watching fox business with. ♪♪
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my next guest knows what a harrowing experience this can be,ing with the university of nebraska-omaha center for afghan studies, left afghanistan last week. how was that trip and how you doing now? >> well, thank you very much for having me. it was of a horrible trip, a five-day, fear-filled trip from kabul airport all the way to washington, d.c. and then to omaha. on that day when i went to the kabul airport, it was sunday, it was a day when the whole government collapsed, and there was no governance at all in the whole country. things were so chaotic, we could feel it better when we go to the airport because there was no management, there was no security personnel at the gate, so everybody would come and it become like an open gate for everyone. and it turn out to be an
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entertaining place for a lot of kids who were in the surrounding areas. they were toying with the helicopters or with the airplanes. so it was, it become so chaotic. initially, when i heard about it, i didn't know that the evacuation had already started, so i rushed to the u.s. embassy to seek evacuation. because i had already filled out the form for evacuation and to my bad luck, there was no one at the u.s. embassy. they told me that i are to go back to the airport because -- that i have to go back to the airport because that is where americans accepted. so i went back home, i just went back home to talk to my mom and i bid with farewell with her. i said i think it is the last time i will see you, and it is a rushed good-bye. please forgive me for all the mistakes i've made. so i went all the way to the airport, and there was rush, and there was a lot of traffic, and the taliban were on the streets. it was such a chaoticking day
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because they were celebrating their victory. so -- neil: bottom line is, you're home. i wish i had more time, my friend, but i'm just glad you're safe is, you're back here, and i hope the best for you, and i'd love to have you back on to talk about this whole process and ad vice you might have for so many of your countrymen and friends and relatives who are going true this as -- through this as we speak. we'll have more after this. o) while you may not be a pediatric surgeon volunteering your topiary talents at a children's hospital — your life is just as unique. your raymond james financial advisor gets to know you, your passions, and the way you give back. so you can live your life. that's life well planned. over the years, mercedes-benz has patented thousands of safety innovations. crash-tested so many cars we've stopped counting.
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neil: stocks are up. this could be attributed to the federal reserve, the chairman of the federal reserve, the carrot being the fact that rates will not be going up anytime soon. you don't have to worry about that. so much talk about the treasury and the fed buying so much in terms of treasury, notes and bonds, $120 billion a month and that will slow down. might be 110 million a month. not going to stop it.
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afghanistan, a huge issue for them, we were encouraged and with all the craziness yesterday and evacuated out of the country. that gave stocks a pop, those who want to get out of afghanistan, let's not get ahead of ourselves but the president has been meeting with military commanders, the next few days of the mission will be the most dangerous period to date, pulled authority to conduct operations against isis k targets in and around the
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region, the splinter isis group, for these deadly attacks in kabul yesterday. >> reporter: the explosion killing 13 us service members and dozens of afghans, some put the total number dead at around 200. hospitals are treating wounded patients heard outside the abbey gate. despite the tragic bombing yesterday evacuations are ongoing. the pentagon says 12,000 people were airlifted in the past 24 hours bringing the total since rescues began to 100,000. the clock is ticking. american forces are supposed to leave afghanistan and thousands of people are trying to flee. sources on the ground say the taliban has expanded their perimeter, there are tends to slow the flow of people to the community.
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the situation could deteriorate rapidly at any minute with numerous things going wrong. there is an understanding that some civilian flights to kabul could resume after the americans leave and they would be limited and would need to be controlled by a country like turkey or pakistan. once the critical lifeline a very evacuations ceases to be an option thousands could flee on foot. the united nations today estimates half 1 million afghans may leave the country across borders. many us allies, includes the uk and canada. neil: we are trying to track down anyone and everyone who wants to leave whether american, or helped americans and how they track that down is a herculean task, and even bigger task, the latest, griff jenkins, following that at the state department.
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>> reporter: they are working around the clock on that very thing and the number of american citizens trying to get out is in the hundreds, not thousands. state department spokesman confirmed of the roughly 1000 that they know of, 500 got out but the remaining ones the vast majority of which are believed to be nearly are already out of the country. dozens do not want to leave. they don't give the exact numbers and it fluctuates and try to nail it down. we have a better picture where that stands at this briefing at 2:00. how will any american left behind to get out past that august 31st deadline? the airport is a big part of it. it will depend on cooperation, it will depend on what is
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happening with the airport and who is controlling the airport, the us we believe is not going to be courting flights. we are not sure, we need clarification on that but officials, overland routes could be an option. the fate of our afghan allies which could number in the tens of thousands was far worse, the administration admitting not all who want to get out will get out. the reality heading home for an interpreter named carl who worked alongside our troops for more than a decade. >> reporter: the good thing is the backing. what i did, i have tried to help people. >> find out at the briefing more specific number of americans that are trying to
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get out and some that apparently don't want to but the other question will be what will be the us's diplomatic presence or will they be on the tuesday deadline. a series of options, not ruling out leaving something behind. neil: the latest warnings the administration is sharing from top military officials and national security types who just finished a meeting with the commander-in-chief saying another attack is very likely. let's get the read on this from general anthony tata who served this country honorably. the likelihood of another attack, the same mornings we had before yesterday's attack, what do you think?
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>> highly likely. i think every night we can expect attacks. classic isis tactics, complex attacks including personnel or vehicle borne ieds with machine gun fire to create confusion and try to create mass casualties. we saw it all the time in iraq. the numbers on the lead in, 90% of those are not american us personnel or visa applicants but people who want to leave and because we had an orderly process in place, we have masses of confusion at the gates. full platoons of marines trying to hold off the crowds and it is not hard for one person with
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a massive suicide vest to do what happened the other night. we are talking 13 killed, 18 wounded, a platoon of marines, the disorganization, poor planning has resulted in and it isn't refreshing to hear if it is true that the president and secretary of defense have now said commanders can do what they need to do to conduct operations because no commander likes to be put in a sitting duck situation which this administration did to soldiers, sailors, airmen and marines at the airport. there is an old saying, if you defend everywhere you defend nowhere and that is what is happening and it is naïve and ludicrous to think men and women could sit there for weeks on end without anything bad happening like this so commanders want to conduct patrols and put the enemy back on their heels and get intelligence and we are not going to be able to strike back
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unless we have that intelligence capability and keep the enemy off-balance so we can get our people out of there and get our allies out of there and take them collapse and leave not to mention we should be in bagram, we had three with good airfields, bagram being the best. neil: we are learning about yesterday's attack, that it wasn't a suicide bomb, there was talk of two, but it was coordinated and a complex attack line after the suicide bomber but up. it might have been concurrent, might have been isis k fighters who fired on approaching us military personnel. what do you make of that? this was well layered, well-planned and in light of the latest threat another such attack could be in the offing.
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>> never underestimate the enemy. isis khorazon, afghanistan, pakistan, iran region, different from isis in syria and iraq but they have learned from another and use the same tactics in these complex attacks include irregular types of work where you create the explosion and have all the medics and people rushing to the scene and all of a sudden you open with machine gun fire and the issue with kabul airport is it is surrounded by tenements and apartments and office buildings and really do the kind of damage we saw yesterday as opposed to bagram and kandahar and half a mile of open -- you can ever do that kind of thing in either of those airfield and there are to
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be an investigation in the future why we did not use bagram or all three of them. it is a complex operation. neil: i want to go to philip walter, stars and stripes regarded newspaper looking at military but what is interesting, he left as the taliban took control in august. timing is everything but how did that process go when you left? >> thanks for having me. the process is very quick and chaotic. we were about to leave saturday night. the flight was about to leave sunday morning but we were told to arrive saturday night. when we got there we were told
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we had to leave immediately. it took them by surprise there are 400 of us, my colleague and i who worked for stars and stripes and the staff who had to leave on these flights, short notice, two hours or before before they got on these flights. they cut the us by surprise, advance of the taliban and in kabul. neil: it was happening so quickly. we were following the advance of the taliban and but it seemed to pick up more speed as the advance went on. >> i don't think anyone, no one would have guessed they would be there on that sunday, august 15th. and the fact the us embassy was
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all last-minute. you see the look on people's faces, security officials that it was catching them by surprise. so we had made plans to leave kabul anyway that day but like i said we never thought that the city would fall the same day. neil: these are the stories we've heard, that it was very hard stressing the urgency to americans who were there to get out of there. they didn't think it would fall as quickly or the government would fall as quickly so there didn't seem to be the rush that took hold, but what was the story here. >> my american friends in town, everyone was concerned when the provincial capital started to fall.
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the menus ordered staff to leave. i wouldn't say there was a sense of urgency. it did take everyone by surprise. i feel that day when so many afghans stormed the airport and the confusion that ensued, that hampered the ability of afghan, of americans to get to the airport. cause a lot of fear, afghans who supported the us mission who want to get out of the country. neil: i'm sorry, isis k, this rogue isis subset that took
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responsibility for this bombing yesterday. did you know they were a threat in the mountains hiding out and practice relations with the taliban, what can you tell us? >> they have been active in afghanistan for five years now and some of the most horrendous attacks, an attack on a maternity hospital were carried out by isis k. they are not as strong as the taliban or have as many fighters, the un says 2000 but the fear is if the taliban can keep control of afghanistan insuring a security vacuum won't make conditions perfect for groups like isis k, like al qaeda to thrive, groups that
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may have intentions of trying to attack the us and its allies. neil: i am glad you are well. they say appreciate these days of freedom, must've been a scary trip, among the first when the new government took over, stay with us. 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.
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>> the eviction moratorium is something you can't do, hillary vaughan on the fallout. >> president biden was trying to buy some time to get this rental assistance but he extended that eviction ban even knowing that it likely was not constitutional. >> it will give additional time while we are getting that $45 billion out to people who are in fact behind in rent and don't have the money. we were under the impression it
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was moving out relatively rapidly. >> only bought him a few weeks knocking down his last ditch effort to extend the band. jen psaki reacting to the ruling saying the biden administration was disappointed they block the most recent cdc eviction moratorium while confirmed cases of the delta variant are significant. biden hopes to get more money out the door but still only $5 billion of the $46 billion is being given to tenants and that is why landlords have been struggling under this band. the ban was in place but rent wasn't being paid and that is why the screen court landlords are suffering irreparable harm from this man and the cdc does not have the power to do this so congress has to act if they want to take action on the federal level. california, new jersey, new york, washington all have their own eviction bands in place but
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there may be a fix on the way. maxine waters is chair of the house financial services comedy, she has a proposal that will let landlords actively and directly apply for this money the has sat stagnant so they get paid the back rent they are road which is in the millions. ashley: neil: we are parsing through the federal reserve chairman's remarks, jerome powell, it is getting a lot of attention and might be welcome news for the markets, the fed chairman's view is prices have spiked, it is worrisome but the pace of that, i'm putting these words in his slowing. it is stabilizing. the improvement a lot of cases thomas spiking for covid but not spiking as much. the signal the fed is sending is this inflationary spiral
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everyone is worried about, that is my take away, i could be very wrong but guilt route and company's our, dan guilt route, the markets like what he is saying even if it is a single on his -- a signal on his part that the tapering issue could be addressed at the end of this year. it is the other stuff they like. what is it they like? >> what the market likes is he didn't say all that much about the fed taking action. he was acknowledging things that are happening in the economy but didn't say he was going to do anything that will impact the market. what would that be? for one, interest rates so we know for certain he is not touching interest rates. as far as the tapering issue, he's not saying it is definitive.
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he's taking a wait and see approach. is the tapering going to happen or not? let's say it does. i don't think it will be material to start. the market is not concerns when they say jay powell, we are going to kill a mosquito in a rain forest, it won't have any impact. neil: what he's saying about inflation, i don't believe he used that term but did say we are seeing more progress on inflation, they are less worried because the trend is the friend. you buy that? >> inflation is not rising to the extent that it had been but we have a situation where it is leveling off but if we look at what is happening in totality
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here you have inflation still hot, unemployment which is still high and the key not a lot of people are talking about, consumer confidence is lower-than-expected. consumer confidence drives the economy. if people are worried about the way things are going or what is happening abroad they pulled back and stop spending. that becomes a perfect storm with potential for stagflation and that is the last place we want to go. neil: do you think that's going to happen? >> we have a chance. i'm not going to say we will be where we were when jimmy carter was president, that was way before my time, but i do see the potential because i don't see things materially changing
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in the direction we are taking and the delta variant if that is going to remain in play it could cause problems with the economy's growth. neil: good seeing you give them a forecast there. i want to update you on i do, the storm barreling down on the gulf of mexico, due to if you follow the track hit anywhere from texas to the coast of louisiana. it is a hurricane because it's winds were clocked at 35 -- 85 miles an hour, minimum 74 miles an hour, there's a possibility that this could get up to category 3 which would get winds of 111-129 miles an hour just like open field over warm water, generally not a good combination. if you want a storm to calm down, this looks like it won't. we will keep you posted.
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neil: yesterday's explosion and tragic death of 13 soldiers yesterday, the president what the word be known to his commanders that anything you do to seek out and fight isis k fighters, he's giving them latitude to do so. ahead of the white house briefing, jackie heinrich who has been all over this story and so many others happening concurrently including the president meeting with the prime minister of israel sorting out the rest of the president's day. >> reporter: reporters got a brief view of the president ahead of that meeting with the new israeli prime minister. he did not take any questions
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on afghanistan but he did get a new statement from press secretary jen psaki giving reed out of his meeting with his national security team in the big headline is the president was told another attack in afghanistan is likely. this line stand out from her statement from our commanders update the president and vice president on plans to develop isis k targets, the next few days of this mission will be the most dangerous period to date. very pointed language about what we are up against here. the evacuation if it is continuing, 5 days left until the withdrawal deadline amid this active threat environment. the president said he would authorize more troops to complete this mission of necessary but he does believe given the advice and input from his commanders it can be completed way to mind -- it is designed now. >> these isis terrorists will not win. we will rescue the americans who are there. we will get our afghan allies
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out and our mission will go on. america will not be intimidated. >> reporter: the last update we were told 5000 people are still waiting to get out and yesterday amid that chaos 7000 were evacuated making a total of 12,000 in 24 hours but there are as many as 1000 americans who need to be evacuated. the president said there is no evidence of collusion between isis and the taliban in carrying out this attack but there are lingering questions about whether the taliban can be trusted in terms of being a reliable partner. suicide bombers got to taliban checkpoints and the president's critics say the decisions that put americans in this position are dangerous. >> bad guys do bad things and we saw that play out and lost 13 brave americans who served
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our country. >> reporter: the president acknowledged rescuing the remaining americans and refugees could be risky and dangerous and it does depend on continued cooperation with the taliban and. >> >> president biden: i know of no conflict as a student of history, no conflict where when a war was ended one side was able to guarantee that everyone who wanted to be extracted from that country would get out. >> reporter: jen psaki pushed back on any notion that we would stop rescuing people, just saying our commitment to get people out past the 31 is not ending with that deadline and it might be a struggle to get everyone out at the same time given the taliban is taking over large swaths of the country.
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neil: thank you very much. a pretty blunt comment from the president, the history of conflict especially when you pull out not everyone gets out. hans nichols, he stating the obvious but also preparing us for next tuesday when we do leave unless we push the deadline back which doesn't seem likely that there will be people left behind, maybe quite a few. >> bottom line is they have given numbers but their confidence on how certain they are about those ambers aren't particularly high and that is part of the way the registration system works but that pertains to the americans. a larger sense of afghan allies, people who helped americans, promoting western allies and a lot of won't be
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brought back and there is a serious effort across every continent you can imagine to get these people out and it is helter-skelter, people in private signal messages, trying to get people through that perimeter and reporters on the ground it seems the perimeter is mostly closed but a certain point, it is impossible to get into the united states, getting an accurate number on that is pretty difficult. neil: roughly 110,000 have been airlifted out of the country, 10 to 13,000, they can maintain that, you will be up to almost 200,000, possibly. it is a big number but what do you make of the way they are positioning this?
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>> they want to tell the story of the airlift, you talk to officials privately of the quarter they say publicly and they want to talk about successful evacuation. at a certain point, i'm not on the ground but the next 24 hours or 48 hours they have to stop the evacuation and have to start within the military and those terms, flying out troops, flying out equipment, making sure that us troops, some 5000 are there, are going to leave safely. the overall number could be 200,000. i don't know if they will keep the pace but the broader question is how many are going to be left behind and we may never know that number. neil: always good chatting with you. following all of this we are following ida, practically hurricane, in the gulf of mexico with winds of 75 miles
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an hour. residents in new orleans and other areas where told to leave ahead of the storm. a number of oil and gas platforms being evacuated. this is normally the drill that happens with impending storm and it is playing out that way. janice dean will be next to tell us what her charts are showing her after this. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ over the years, mercedes-benz has patented thousands of safety innovations. crash-tested so many cars we've stopped counting. and built our most punishing test facility yet, in our effort to build the world's safest cars.
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it was not even a tropical storm yesterday and we expect rapid intensification in the next 12 to 24 hours so major category 3 hurricane west of new orleans and new orleans being the bull's-eye which is really scary because they are below sea level, one of the most vulnerable if not the most vulnerable city across the us with a major hurricane on its doorstep sunday night into monday. it is going to cross the western edge of cuba but it will not disrupt the storm and it will go over the warmest water in the gulf of mexico and we think it will continue to strengthen as it makes landfall. the worst part of the storm is the storm surge, heavy rainfall on the right-hand side of the right front quadrant and that is where new orleans will take a direct hit. there is the concern and is going to be strengthening rapidly.
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making potential landfall across southeastern louisiana. ucla reliable forecast models, a lot of consensus here. we could see 12 foot storm surge. pretty good consensus here. the euro is more to the west, the gfs look like a stronger hurricane but the national hurricane center is thinking the winds will be 120 miles an hour, that is a strong category 3 storm, storm surge when it comes to landfalling hurricanes, the most dangerous, 11 foot storm surge, you have
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to get away from it, have to listen to local officials and this really is the most vulnerable coastline. you are looking at louisiana but texas you need to watch, mississippi, alabama, the florida panhandle land it will be a large storm, tropical storm force winds, heavy rainfall will in land and that bull's-eye around the new orleans area, 12, 18 inches of rain, as soon as the water gets into pumped out, it is right in the middle of late pontchartrain so this will be a dire situation. we don't have a lot of time so you need to listen to your local officials. hurricane force winds, major hurricane force windss moving into portions of central louisiana and that is going to start happening sunday and all they monday. and unfolding situation we have
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to watch carefully but we talk about hurricane katrina, 16 years to the date of the landfall of the storm will be the anniversary of hurricane katrina. it was a category 3 as well but it was at one point a category 5. along the mississippi coastline we had a storm surge of 30 feet. when you compare these two ida will be very dangerous but we don't think it will be the catastrophic storm that katrina was. louisiana was hit by four landfalling tropical systems last year. they really don't need another one. the best advice i can give is make sure you are completing your preparations and listen to your local officials. they are going to be issuing those mandatory evacuations. we don't have a lot of time left. neil: all those states are telling people evacuate now. thank you very much.
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we appreciate that was before we go to quick break i want to update you tragically on those who were killed in yesterday's attacks. 200, 13 us military personnel who were killed, that is a separate issue, 200 killed, the numbers could go starkly higher. just lucky i guess. (sfx: airplane flying overhead) we're a little closer to the airport than we thought... (sfx: airplane grounded outside the house) at least geico makes bundling our home and car insurance easy. saving us so much money. -hi. -how was your flight? -good. -good. morning, ted. for bundling made easy, go to geico.com. that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online
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save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 60 months. ends monday. >> president biden: it is in the interest of as the candy set in the interest of the caliban the isis k does not metastasize beyond what it is and number 2 in their interest that we are able to leave on time, on target. neil: the president laying out the roadwork of dealing with various groups or isis k,
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national security institutes, good to have you, given his military commanders free reign to track down whatever they need. isis k elements, presumably the elements by the attack yesterday, what do you make of that? >> critically important thing to ensure that we push back and punch back hard against isis k having killed a dozen americans, 170 people total. most of them afghan allies, folks trying to get into the airport, people trying to bring out, there are still american citizens on the ground, a heroic effort in the united states by veterans, allied
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airlift, being killed by isis k, the president said they will respond the time and speed of their response is critical to deterring further attacks. neil: the president has been warned of further attacks, maybe a big one in the offing. i mention it because they were issuing the same morning before yesterday's attack. obviously they keep pounding it. is it your understanding such an attack is conceivable? >> we are hearing of vehicle borne ied close to the airport, the taliban control the checkpoint of the vehicle getting in, how is it getting in past the taliban checkpoints? some serious concerns. we are sending people, the us government, other places in the facility to get them in, is a huge concern for american
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citizens. neil: isis k, this group, even the caliban doesn't like. what are we to make of them? >> isis k is an offshoot of the larger isis movement, fighters from other groups including the islamic movement of his point stand but at the end of the day though it is true there is a rivalry between the taliban and isis k, the fact of the matter is they hate us equally. this idea they might not collaborate against us i'm not sure is an accurate suggestion because there are vehicles and suicide bombers moving toward, cause a international airport -- karzai international airport. how are suicide bombers and vehicle borne ieds doing that? that is in coordination with them.
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the comedy network which is in league providing security for the caliban, it is a morass of people, unbelievable. neil: they have a common enemy and that is us. they default to that. good seeing you. you wouldn't see that in the broad belt focused on other things. after this. t securing portfolios, time after time. gold. your strategic advantage. (vo) singing, or speaking. reason, or fun. daring,
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neil: the white house briefing, jen psaki confirming the president was warned about another potential terror attack at the airport in kabul. we don't know much more about that but the morning is out and people are watching closely. here is charles payne. charles: this is making money. that didn't hurt a bit. fed chair jerome powell using bedside manner to assuage the fears of investors. his message there will be temporary and it could begin this year but the fed has-year-old, thanks a lot. as wall street fears wall street gross pessimist. there will be economic ramifications. and all-star panel of

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