tv Cavuto Coast to Coast FOX Business September 16, 2021 12:00pm-2:00pm EDT
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stuart: here is the answer, cheetah can run 70 miles an hour. i've actually seen them run in africa they are remarkable creatures. they are in fact the fastest land animal. you learn something every day on the program. >> that is how fast i will run next time you ask me to do a toilet story. stuart: you got it. send in "friday feedback." varney viewers @fox.com. neil, it is yours. neil: thank you, stuart. we're developing factors on virus front, vaccine front. confusion by the fda whether we need the booster shots that could become available as soon as next monday. we have you covered on all sides with this, with the president of louisiana state university, william tate, he was the only top education administrator to be meeting at the white house with all those corporate ceos
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yesterday. so we'll pick his brain how that went. paul bremer, why what happened in afghanistan has reverberations for iraq. we have brendon carr, the fight over facebook and what mark zuckerberg knew and when he you into it and paid lip service about cleaning up his act. the former fcc commissioner has so say. francis suarez for more communities to embrace cryptocurrencies. he is among the first. how the florida mayor says things are going right now. first peter doocy at the white house a sort of merger if you will of developing arguments of booster shots, vaccines, mandates, all of the above. peter? reporter: neil, there shouldn't be much disagreement, right? president biden said he would listen to the scientists but there are new questions whether or not he got ahead of his skis last month with this. >> plan, for every adult to get
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a booster shot eight months after you got your second shot. pending approval from the food and drug administration the cdc's committee of outside experts will be ready to start these boosters, this booster program during the week of september 20. reporter: that is in four-days but now there are questions from the scientists. the president says he listens to about whether or not boosters are for everyone. two scientists, two regulators leaving the fda wrote that this week, careful and public scrutiny of the evolving data will be needed to assure the decisions about boosting are informed by reliable science more than by politics. even if boosting were eventually shown to decrease medium term risk of serious disease, current vaccine supplies could save more supplies in previously unvaccinated populations than boosters in vaccinated populations. got that? republican critics are accusing
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the white house using covid to control the message they can't stay safe without the president. >> how do we put america back to work? we're learning about the shortages to get people to go to work. the government is competing with business, making encouragement to stay home instead of getting back to work which is causing inflation. reporter: the fda will have a meeting about approving boosters tomorrow. it is believed they have the data to support authorizing a booster for pfizer you about not yet for moderna or johnson & johnson but if pfizer at a bare minimum does not move forward this could be a major broken promise from this president. neil. neil: peter doocy, thank you very, very much. pfizer, moderna said whatever you think ever booster shots, you've had existing vaccines out there, they do need to be upped a little bit with a booster shot. now they have vested interest because they make these shots,
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they make these vaccines, that obviously they would promote them but the bottom line is confusing a lot of people. lydia hu keeping track of all of this right now. lydia. reporter: ohio, neil. moderna is making its own case for the need of booster sheets. they have analysis of new data that supports the boosters. study found that people who were vaccinated more recently experienced fewer break-through covid cases suggesting immunity for people who had been vaccinated longer ago, that immunity had waned. now importantly these findings have not been peer reviewed. as we just heard from peter doocy it comes as some experts and top scientists is a i they're questioning whether and how often they are needed and for what groups of people also noting that the fda will meet tomorrow to debate whether there is enough data to support widely distributing the pfizer booster shot. inuntil now the fda has not takn
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a stand on booster shots. the white house previously announced it wants booster shots offered as early as next week. depending what happens with the public health agency the biden administration may have to change course. so a lot to watch there, neil. meanwhile pressure is growing across corporate america to get workers vaccinated. southwest airlines is stepping up incentives to get the shots. they will give fully vaccinated employees two ex-today days of pay and eliminate sick day for people that catch covid. that six pay gives workers pay for 10 days if they were exposed or contracted on the job but still able to use typical sick time off. other airlines, neil, taken similar action. united airlines mandates the vaccine for all employees. delta requires shots of new hires. joining the list of corporate
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vaccine mandates are defense contractor raytheon and drugstore chain walgreen's. raytheon will make vaccination a condition of american employees with exceptions of religious or health care reasons. walgreens has a vaccination program for all workers. the drugstore chain already requires office workers to get shot but expanding the requirement to cashiers and workers in the company's more than 9,000 stores, neil. neil: thank you, lydia hu, thank you very much. president met with some top corporate ceos to talk about these mandates and where they're going and trying to make sure as much as their respective populations get vaccinated but there was one stand out in that group. william tate, louisiana state university president who succeeded perhaps more than any other college in the country to get so many of its students,
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faculty, overall staff vaccinated. 99% plus. he joins me right now. dr. tate, very good to have you. >> thank you. appreciate being here, sir. neil: this comes with mixed blessings i should tell you though because my son goes to clemson, while i respect what you do and everything you have done on campus i have to get through this. i'm kidding. i'm kidding. first of all, success you've had on campus, getting everybody and we're talking a big population of students here, everyone vaccinated or aware that it's a good idea they should be. how did that start. explain the process. >> started with our entry requirements. we had three ways to come back to campus. one was if you were vaccinated. the second was a negative covid test, and the third was if you had covid over the previous 90
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days. that was the starting point. once you arrive at campus, if you had not been vaccinated you would enter into our testing program. a lot of students didn't like the testing program obviously. they want to lead their lives the way they do. some students actually decided to be vaccinated. our greek community was extremely important. they led the charge here on campus to get those students vaccinated. ultimately we have a process where with -- testing and both vaccinated and unvaccinated students if their dorms or fraternity or sorority houses pop hot with covid, they get tested as well. i think it just brought the mind set, what the fda mandated or actually approved one of the vaccinations. they indicated staff and students required to be vaccinated unless they had a medical or religious reason to
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be excluded. finally at tiger stadium we asked that -- [inaudible]. would either have a vaccination or negative covid test. all of those pillars helped us move our vaccinated rate of students to 88% around faculty and staff to 72%. neil: so the numbers are not quite what i had reported. 35,000 undergraduates at lsu, 12 graduate students and huge faculty at this population. you must have have run into resistance with others who for whatever reasons didn't want to bother to it. what did you do? >> we communicated out with social media and reaching out to parents t was extremely important to talk to our local legislative members to help them understand students and faculty would have a choice being here
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in louisiana and but we would emphasize vaccination because we believe that is the safest way for students to participate in a residential experience. by communicating that way i think it really helped. clearly some will not being vaccinated but they will be tested, doing everything we can to keep our communities safe. right now it appears to be working. our positivity rate is relatively low compared to the surrounding area where, we're about 4% which can be managed with isolation and quarantine but it has been working, sir, you are correct, it is not a easy political lift. neil: when you were meeting with the president yesterday there are a lot of critics say what he is doing goes against what he should be doing. that it is illegal. he is being challenged by at least one attorney general, saying he can't be doing this, can't mandate what should be personal choice of the
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population. now it is different with companies doing that, maybe with universities doing that but do you think the mandate thing that he is trying to get working with osha and some others is the right strategy? >> well the point of emphasis yesterday was about safety and keeping the economy flowing. a big part of this also include ad moral component where what are we going to do with small companies, folks are vaccinated some aren't, how can the small organizations can stay viable? i think it was a great conversation around the economics of it all and the moral imperative related to vaccination. i'm not going to offer anything beyond what we've done here at lsu and that was we clearly emphasized vaccination as the best option but we do have a choice framework. it is actually working as i said, you no know, about 33,
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35,000 students, we're at 80% of students vaccinated. there is something about having a mandate. i do think people should have an option if they have medical reasons to be able to you know, justify not being part of it. and religious reasons. if that is in place i think we'll see the numbers increase in terms of vaccination. that is what happened here at lsu. neil: got it. the numbers certainly bear you out. i hope you don't have as much success with numbers with the football team this season. very good to have you. william tate, the president of louisiana state university. some very novel developments there that have been not duplicated anywhere else on any college campus. forget about this country, any country. we have a lot more coming up including the latest on these economic data that tend to con found everything else you've heard. like we were going into this sort of recessionary funk,
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♪. neil: all right. jobless claims in the latest week edged up a little bit, about 20,000 to 332,000 claimants but there was a much better economic news today. retail sales which jumped .7 of a percent even taking out volatile factors like cars, gas, all of that, they were up .2 of a percent. we got out of the philadelphia fed, index there jumping north of 30, which was significantly above the prior month of about 19.4. so there is good underpinnings here we should explore. luke lloyd here to help explore, strategic wealth partners investment strategies. luke, when you look at this, the what the data is telling you the vagueries of claims, they're still in and out of pandemic lows what do you make of the underlying economy? >> we saw retail sales up 0.7%, versus a 0.8% decline which was
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a big beat. 40% of the money supply printed over past year-and-a-half, this is what tends to happen, right? people have so much money to spend. u.s. households actually have over $2.6 trillion in savings that they saved up over the past 1months, -- 18 months, right? kids were going back to school. that was the catalyst for retail numbers. holiday season is right around the corner. people want to spend money. the thing, neil, everybody is missing right now, nobody is talking about, services make up 70% of the economy. that was not reflected in today's numbers. you know services, they're really impacted by covid-19 mandates, restrictions and we're starting to see some of those come back. if that is the case, it continues to come back with delta variant and the virus, that concerns me. neil: you know what is interesting, look at the market. the vagueries of the dow
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notwithstanding. the underlying market, when you really get beneath it right now, you know, 50% of the s&p 500 stocks are 20% or more off their highs, fair market territory. it widens out, if looking at mid-cap stocks within that s&p 500, 30% or more are in bear market territory. small cap stocks, 48% in that territory. that's weird. what do you make of it? >> it is. what you're referring to is the breadth of the stock market. so you're seeing these big large cap names. apple is the amazons, microsofts of the world, they're completely holding up the stock market while some of the mid-caps and smaller caps are really underperforming right now. so where we see a lot of value in some of the small cap names. we see, we call them the diamonds in the rough. a lot of names are not covered by analysts right now. they don't have a lot of attention by the public. a lot of names are sold off like
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a ton. i think that is where you add value to your portfolio the next couple months. neil, the thing is, all that being said, we printed 40% of the money supply over the past year-and-a-half, pullbacks i think will remain temporary, right? so if we do get a pullback, see the market sell-off the past two days, you have very accommodative federal reserve. they will continue to keep rates low. they continue to buy bond. taking bond purchasing from 120 billion to 90 billion but they're still purchasing 90 billion in bonds right. you have the federal government if things take a turn for the worse, delta variant, we shut down things again, they will print more stimulus and spend more money. that is what they love to do. the economy and stock market are two very different things. the economy can flubbing wait between good and bad or get worse while the stock market hit all-time highs. i stock market will continue to go up over next coming six months to a year.
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neil: interesting. one analyst said, forget don't fight the fed, don't fight goodies, because they keep coming. >> don't fight the fed. federal reserve is your friend, right now. they are your friend. neil: depends whether short term or long term friend. luke lloyd thank you very much. with the collapse much afghanistan and us leaving there what is life like in the country now? trey yingst should know. he is live in kabul with the latest. walter, twelve o' clock. get em boy! [cows mooing] that is incredible. it's the multi-flex tailgate. it can be a step, it can even become a workspace. i meant the cat. what's so great about him? he doesn't have a workspace. the chevy silverado with the available multi-flex tailgate.
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i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. life is for living. let's partner for all of it. i'm so glad we did this. edward jones neil: all right. you ever wonder what life is like in afghanistan right now with the taliban in complete control? wouldn't you know our trey yingst is there in kabul right now, one of the few western journalists who is. he has been having an opportunity to see for himself and talk to the principle players. trey?
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reporter: neil, good afternoon. the taliban says the united states is not living up to its end of the doha agreement. now today we talked with haqqani of the infamous haqqani network. this man is certainly responsible for ordering hundreds of suicide bombings in afghanistan. he was previously held at the u.s. bagram prison. he is talking about the current security situation in afghanistan and his views on the u.s. troop withdrawal. >> translator: getting americans out of afghanistan was always the aim of the afghans. that is why they put suicide vests on they're bodies. getting them out is a big victory i achievement for afghans. you would be proud if your heroes kicked out invadeers from your land. reporter: i asked him about his views on the biden administration. in an off-camera meeting he tells me wants all countries to have representation and consulates in can be bull. he claims the nights is not
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living up to their end of the bargain. >> translator: the united states misused and broke the rules. we stand by our agreement. taliban is also included. unfortunately the united states is not doing what they're saying. what they are saying is against the doha agreement and calling for a new war and causing more chaos. reporter: in addition to speaking with anas haqqani we talked with a special immigrant visa holder who basically is going through the process right now trying to get out of afghanistan. that person says they are blaming the biden administration for not stepping up to the plate, not getting the vulnerable afghans out of the country. neil? neil: thank you very much for that, trey yingst on all of that. wonder what paul bremer thinks of this? you know him quite well. former special envoy to iraq and terrorism chair under former president bush 43. good to see you, paul. i would be remiss if i didn't mention what is going on in
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afghanistan and reverb ranges throughout the nation and particularly in iraq. your thoughts? >> i think we have a real problem in the region. just look at the headlines. russia and china have both moved in to try to fill the vacuum that we created by our retreat in afghanistan and iran, for the first time has been invited to attend a chinese organization called the shanghai organization. they have been kept out for many years and now they have just been invited and the new extremist president of iran, mr. rahisi, will travel to the next meeting of the shanghai organization. so, and meanwhile, just to make it worse, the iranian backed hezbollah terrorist group, identified as a terrorist group in the united states for 25 years has just taken over the government in lebanon. so the situation in the region is sliding against us and it is
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becoming dangerous. neil: so for, let's say iraq it has always been the worry about iran and those groups associated with iran that might want you know, take advantage of this vacuum to create some trouble. what do you envision for iraq in particular? >> well, i think the lesson of what i just talked about is that america has to stay engaged in the region and most importantly now, stay enguaged in iraq. we have about 2500 soldiers on the ground in iraq. they're not in a combat role and it would be a terrible mistake if biden repeats the mistake what he did in afghanistan if we were to pull out. i have, i'm constrained to remind everybody that it was vice president biden and president obama who mistakenly pulled all american troops out
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of iraq in 2011, which led immediately to the takeover of a third of the country by the islamic state. we mus'nt repeat that mistake. we have to stay engaged in iraq. it's a difficult place. the government is corrupt. we can all go through the list of problems but we don't want to have a opening for iran to essentially start running the place. neil: do you have, concern about the americans still left in afghanistan and to say nothing of the thousands of afghan nationals still there trying to get out of afghanistan, that they ever will? that the taliban is just going to let that happen? >> well, i certainly hope, i am concerned, the primary role of any american embassy in the world, i worked at five or six, is always the well-being of the
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americans resident in that country. so we have a worldwide commitment to help americans wherever they are. if they want to leave the country like afghanistan. of course i'm worried about it. i don't think the taliban, i don't think the taliban is cooperating as we would have hoped they would cooperate. i was against negotiating with the taliban in the start but they're in charge now and it's their responsibility to allow us to get the americans out and the afghans who were helpful to us. we have the same problem eventually in iraq, if we had to leave iraq. we have thousands of iraqis who helped us over the last 20 years. neil: do you think the chinese would take advantage of this void? >> well they already have invited iran to join their pow-wow, the shank -- shanghai
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organization. the chinese have a few very large, investment opportunities in copper in some other areas in afghanistan. they have a negative hope that is that afghanistan will not allow extremists as the chinese would call them from the uyghur area, from xinjiang in west of china. they want to keep them in afghanistan, not let them out to come into china. china will play a role. they certainly sees the signal that america sent of its withdrawal from afghanistan which was a withdrawal from responsibility in that region. neil: i would be remiss, paul, if i didn't mention the dust-up over this bob woodward book that purports to show chaos in the trump administration in the waning weeks and months to the extent that general mark milley, you know the chief military
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commander was worried enough to call the chinese at two different key points, before the january 6th insurrection on capitol hill and afterwards to assure them that the u.s. was not planning any attacks on china which apparently those fears were rampant at the time. i didn't know the degree which they might have been. what do you make of all of that? if true, whether the general as some republicans have been urging should be punished for that? >> well it makes me very uneasy. we have had now two successive military officers as secretary of defense under president all now under president biden, which itself is a bit uneasy. there is a law they're not supposed to do that without congressional approval. it is also the case that the secretary of defense, who is one of those former generals,
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secretary of defense is also in the chain of command in the united states system. so i don't know what role secretary austin may or may not have played in general milley's communications but it makes me a bit uneasy, whether general minimum milley there was a risk of former administration was at risk of doing something i have no way of knowing but the entire involvement of military, if it was free-lancing, free-lancing on this stuff, it just makes me uneasy. we'll have to see what the truth is when the time comes. neil: if twas done under the auspice of you know, routine conversations that we have, this is how the pentagon has presented it, that since, this was done in concert with 15 others, defense secretary, civilian, was well aware of this and back and forth going on,
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routine we're told, routine. do you buy that? >> well, we just have to wait and see. i'm sure congress will look into this and let's see where the chips fall. it's one thing if it was free-lancing, then it's a serious problem. if it was a well-considered signal to put at ease chinese if the chinese were indeed concerned that we were about to do something, well, okay, there is a role for diplomacy short of war in relations between countries. i just think at the moment, neil, we don't know enough about what actually happened to reach a conclusion on this thing. neil: all right, the reason why i ask, i'm sorry to belabor it, paul, apparently president trump didn't know anything about this or these conversations. maybe that too, if these are routine conversations or you know, leaders in various units, routinely talked to themselves, check in with each other.
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what general milley had been saying dealing with the chinese counterpart they didn't have to involve the president. obviously donald trump was upset enough to say it was treasonous behavior, the guy should be court-martialed f all of that was the case, they did an end-run around the president, he had nothing to do with it or know about it, is that the only solution, to court-martial a sitting u.s. general? >> well i hope it doesn't come to that unless there is conclusive evidence there was a an effort to circumvent the chain of command and to conduct unauthorized conversations with china that would be a serious matter. on the other hand we all know that the u.s.-chinese relationship is in a difficult place now and there is a place for confidential communications between the two governments. it is imperative that we have
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re-established hines of communications, reliable lines of communication with the chinese government to avoid stumbling into a crisis. so there are two sides to this. really depends in the end of what the facts were. neil: if you will indulge me one last matter on this, it appears that, you know, in the waning weeks and months of the trump administration, those around him were very concerned about both his handling of the election loss, that he was volatile. who knows what was really going on inside of those walls but it is very similar to what defense secretary james schlessinger was dealing with the final weeks and months of the nixon administration where we are told at the time those around president nixon had concerns of whether he was mentally up to the task of even being president. we have protections for that
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sort of thing. rarely utilized but should they be utilized if people had doubts about the commander-in-chief? >> well, there is a procedure in place since 1967 when we passed the 25th amendment, that it provides for a way to take action against a president for whom his colleagues in the cabinet believe, for whatever reason, is no longer capable of carrying out the office. i'm not aware that anybody has made such a proposal here in this case and, it would be very much change dependent. that is a major, very serious invocation of constitutional authority and i, it should be used very carefully and only on the basis of clearly known facts which in this case i think we
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don't have. neil: finally, paul bremer, the 9/11 events this past weekend, your old boss, president bush talked in shanksville pennsylvania, about the attacks on this country and how domestic pressures are just as vital to watch and monitor. he talks about without citing it exactly the insurrection on capitol hill on january 6th. some conservatives blew up at him saying they're not related. others are saying they should be watched. they should be joined and examined closely. how do you feel about that? how do you feel about what president bush said? >> i think president bush's speech should be read by everybody. it was a very powerful speech and a touching speech in particular the president's consistent refrain about what is good about america and we can't say that there is no terrorist
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threat in the united states and we can't say there is no extremist threats in the united states. we all familiar with the polarization of politics over the last two administrations. president bush's warnings, really his optimism at the bottom about america, those are things that people should pay attention to. neil: paul bremer, thank you very much. it was very good talking with you. catching up with you. paul bremer special on very to iraq, former national commission on terrorism chair under president bush. we'll have more after this growing up in a little red house, on the edge of a forest in norway, there were three things my family encouraged:
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ever an entire crew of all private civilian astronauts. right now they're orbiting the earth 360 miles up above us and they are enjoying 15 sunrises and sunsets every single day. >> four, three, two, one, ignition. reporter: as soon as the launch went up at 8:02 eastern, ignition and blastoff as spacex inspiration 4 went off into the night sky above cape canaveral. you could see this all the way down in miami. inside the dragon capsule. no astronauts, no cosmonauts. four every day people taking the ride of their lives. one of the most talked about features of the spaceship is the big cupola on the nose of the allowing each astronaut to put their heads in and take the 360-degree view of earth and solar system, star and earth
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gazing like never bench. crew, jared isaacman, who paid for entire trip, haley as sin know, cancer survivor, sighian proctor & gamble door, nasa astronaut finalist, and chris sembroski who works in the aerospace industry there is a stowaway revealed on the flight as the zero indicator. the stuffed puppy flying around in zero gravity. arceneaux who works at st. jude so all other patients battling cancers could connect to the trip. this giving four once in a lifetime opportunity to fly in space and orbit the earth, it is also to raise $200 million for the st. jude research hospital, trying to find more after solution and cure for cancer
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ultimately. also arceneaux, she was treated and cured of cancer at the hospital when she was 10 years old. st. jude saved her legs and her life and looking down from all of us from space. we'll be right back. ♪ ♪ ♪ i know the best coffee spot in town. i can make a rustic cabin feel modern. i am a guidebook for guests. i can make an indoorsy person, outdoorsy. i give families a home, not just a place to stay. i am a vrbo host. ♪ ♪
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♪. neil: all right. you probably hear more than you ought to know that the debt ceiling, we're at it right now and something has got to be done in very short matter of time. some say days, weeks, but we don't have a lot of time. got us wondering what would happen when we push up against that? chad pergram has been through this sort of drama several times to put it mildly. chad what do we look at here? reporter: many times, neil. the debt ceiling is the total amount of red ink the government can carry any one time. the crisis around a debt limit just doesn't rattle wall street but fillers down to you. the possible that the treasury department could suspend certain payments, like federal health benefits or social security because the government would be short on cash. >> if it dragged on a while, the effect on consumer confidence, on consumer sentiment, the volatility in the financial markets because of the uncertainty generated, certainly
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if you are an investor, small businessman who has money in the market you would see a lot of volatility. reporter: congress is always adverse doing something which rattles the market. this is an instance where inaction could ignite a market shock but that trickles down. >> this is always about people. so what are the impacts to people, once their credit card bills, their mortgage rates, it is paul toe loans. that is where we could see dramatic spike on interest rates on all three that will have direct and very quick impact on the american consumer. reporter: in the fall of 2008 the dow sank a then record 777 points in synchronicity with the house failing to approve the financial rescue package known as tarp. the government is currently short on borrowing authority. it is rifling through the federal couch cushions for spare change. the house could vote on a stand-alone debt ceiling suspension next week. senator ted cruz has vowed to filibuster an increase in the
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debt limit. neil? neil: chad, thank you very much. hope none of that comes to pass, my friend. jerry howard, national association of homebuilders. jerry, noticing we have five million fewer homes available right now. so if we're short that amount, a number of homes, it means that the price pressures certainly remain, doesn't it? >> oh, absolutely, neil there is no question that this is a supply and demand issue. there are 40% fewer new homes on the market this year than last year. and with the organic demand that is out there, it is still very, very strong. we got some real price pressures neil: so the housing boom continues by that math but some of these, you know, some communities it is getting a little out of whack. do you worry about you know,
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just a bubble building here? >> i don't think we're in a bubble situation, neil, because the demand is organic. it is very, very real. but i do think that we're in a situation where that if we don't which prices back into control, we're going to have a problem on our hands. i don't call it a bubble right now. i don't think that, it is not comparable to where we were, for example, prior to the great recession where the demand was artificially stimulated by really lax lending standards. no the lending standards are fine. the demand is real. this is simply a supply around demand issue. i don't think it is fair to call it a bubble. neil: builders are trying to get ahead of that by doing more building. they run into resistance with communities that don't want more building but where does that stand? >> well, you're exactly right. in a lot of places, i was in california yesterday. the builders out there tell me sometimes from the time you and i decide to build a new house, it may take 10 years or more
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before the first shovel goes into the ground. so there is a long delay in places that don't want new homes constructed. in other areas it is really not that problem. it is still a problem with the post-covid recession supply chain where it is unpredictable when the building materials will arrive on the job site. eastern the prices still remain unpredictable. neil: all right. thank you, we'll see how this all sorts out. jerry howard, the national association of homebuilders ceo. and speaking of homes and anything having to do with just how we work as a country, we've been telling you a lot how our prime time schedule will be changing. a lot of special shows will be changing. this fellow is among the big changes. mike rowe how america works on monday. all about taking the look at things that are vital to keeping america building after this. >> lumber, the cornerstone commodity that frames our everyday lives. it keeps the country as we know it sheltered, heated, furnished,
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neil: all right, the president will be outlining again his build back better plan today. that's sort of a euphemism for the 3.5 some say upwards of $5.5 trillion human infrastructure package he's been touting covers a lot of bases and also a lot of taxes hillary vaughn keeping track of all of the above on capitol hill. hillary? reporter: hey, neil, well president biden basically wants the irs to be twice as big , to bring in more tax revenue, to pay for his $3.5 trillion social spending package, so here is a snapshot of what the irs would look like under president biden's plan compared to today. right now, the irs budget is 12 billion a year, with 75,000
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workers. that under president biden's plan would nearly double the budget ballooning with 80 billion in taxpayer cash spent over a decade and 80,000 new irs agents to sniff out and hunt down tax cheaters. >> for years, republicans deliberately staved the irs to prevent it from going after rich tax cheats. the ability of the irs to effectively audit the wealthy while chasing down working folks reporter: today the white house is circulating a memo debunking what the they're calling mythical claims about who these irs agents will be going after. the white house says it's a myth that banks will have to report individual transactions to the irs. it's a myth that greater tax enforcement will be a red tape nightmare for taxpayers or financial institutions and it's a myth that more audits mean all taxpayers, not just the wealthy, be impacted, but the top republican on the house ways and means committee congressman kevin brady, telling me today,
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he thinks the timing of this memo is suspect. >> you don't hire 80,000 more irs auditors for just a few wealthy. it makes no sense at all. the truth is, you know, they want to significantly increase their intrusiveness into your privacy, greater surveillance into activities, of not just individuals but small businesses , as well, all for a mythical, what they say is some $7 trillion of tax gap. reporter: that $7 trillion of a tax gap is what the treasury told congress would accumulate, neil, over the next 10 year, and also, the treasury estimates, according to biden's plan, they will be able to increase tax revenue by $700 billion but by their own estimates, 700 billion is a long ways away from the 7 trillion that they believe is out there.
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neil? neil: they will squeeze it anywhere they can. hillary vaughn, thank you very much, to dan geltrude you know him as an accountant by training , so, dan, i'd like to tap that part of your fine brain and look at the irs and this beefed up funding. obviously, to make the $80 billion in added moneys going to the irs pan out, they've got to get exponentially larger figures in sums from americans and i suspect not just rich americans. what do you think? >> neil, from my perspective, in someone who deals with the irs, regularly, i can tell you that the irs's resources are thin. now, that's not a popular thing to say but i'm going to say it because that's the way it is. the irs doesn't have enough resources. the real question here, as the irs is proposed to get larger, what are they really going to do?
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we can't be for tax cheats because tax cheats hurt everyone because they're the ones not paying their fair share, so if everyone is actually in compliance, you don't need all of these people. the thin line here is is do we crossover to where the irs starts to become intrusive and abusive, and those things have happened in the past, and that's why there is concern, but from the standpoint of getting rid of tax cheats, i support the irs's expansion. neil: so let me ask you this. obviously, to justify all of the new moneys coming in, and you have to get some return on your buck, and that is, you know , scrutinizing returns, and there are many who do try to dodge the tax man and maybe that changes, but do you think there will be pressure on irs agents to expand that pool, to get still more money, beyond just the very rich crowd? >> well, you gotta go where the
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money is, right? so when you talk about return on investment, and what an irs agent is going to be doing, neil , they are going to be going after where pools of money are going to be, so if an audit takes so much time to do, you want to make sure that you're gathering the most money you possibly can, so just logically speaking, they are going to be targeting, i believe, people that are higher income earners. now, is that going to trickle down to middle america? well, what are you going to do with all these people? i think that point was made up before, so you could audit all the rich people, and then everybody else sits around, of course not. they are going to expand looking into, collecting more revenue for the federal government and of course, the federal government is going to spend more. neil: dan geltrude thank you. let me get to liz peek on this. liz, some of the irs's
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responsibilities to touch on something dan mentioned is to look not only at the rich but transactions that are being made in realtime, and then to follow that, it stands to be very intrusive, and i'm just wondering where you think this goes. >> well, i think you're talking about an agency that already is targeting the very wealthiest americans and looking at their tax return, neil. i assume that if you double the number of agents you're going to experience the law of diminishing returns. they are going to be looking at people who are marginally possibly hiding taxes, or marginally wealthy. that's sort of stands to reason, doesn't it? the people in america, today, who have their taxes regularly audited, are people with very complicated tax returns, meaning they have lots of different kinds of investments and/or businesses, and they have a greater likelihood of perhaps underpaying their taxes, but i think in the broader scheme of
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things, relying on a huge build up of the irs to pay for a lot of social welfare programs that america possibly doesn't need is a complete red herring. let's talk about the taxes that really have to be increased to pay for this 3.5 trillion which is really more like a $5 trillion spending spree that democrats are insisting on. the irs is sort of, you know, that's one element of it but there are many other elements of it in terms of their efforts to pay for this that are equally questionable in my view. neil: i think they are kind of joined at the hip, that is the higher tax is expected on the rich and the very rich, and they fully expect that the rich very can canada when it comes to their money will find ways to dodge these new tax hikes. what do you think? >> but neil, a lot of what they talk about as tax cheating or tax evasion is stuff that congress has created.
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there are all kinds of ways that people can avoid paying higher taxes perfectly legally and the people in congress aren't that stupid. well i should, [laughter] they know that. if they want to change our tax code, they should do it, but for example, one of the things that hasn't been mentioned, this is amazing to me, is carried interest. that's something that comes up all the time, but the truth is, an awful lot of democrat donors make a huge amount of money, and they basically are prevented or they are safe from having to spend a lot of money on taxes on their big earnings because they use the carried interest loophole which is called a loophole by almost everybody, so why don't democrats go there, for example? answer? their rich donors don't want them to. this is upper hypocrisy. neil: we'll watch it closely liz peek thank you very much on that in the meantime we've been telling you about elizabeth
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warren, the push to breakup wells fargo. so it's moving along much more swiftly than you think. charlie gasparino on that, after this. as i observe investors balance risk and reward, i see one element securing portfolios, time after time. gold. your strategic advantage. [slow electronic notes fade in] [fast upbeat music begins] [music stops] and release. [deep exhale] [fast upbeat music resumes]
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not being a big fan of wells fargo, even urging wells fargo to be broken up, but it's a fast -moving train with fast- moving developments. charlie gasparino on the latest. charlie what are you finding out charlie: neil, what's one industry that messi a big fan of i just realized, it's not, she, i think, banks are at the top of her evil list, and you can clearly say that, but you know, not exactly a fan of business, but be that as it may, warren has announced a bid to breakup wells fargo. the big bank, out in california. the reason why, quite frankly, is because stemming from the fake account scandal of a couple years ago, you know, and even with the new ceo charlie sharp, they had a pretty interesting turnaround. we've crunched the numbers here. wells fargo stock is down today, but over the past year, it's up more than any of the big banks, and he's definitely turned things around. the bank is not committing fraud anymore, it's making money, yet
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she wants to break them up. two takeaways here. number one, nobody thinks this is ever going to happen. the fed, which is the overseer of the main regulator wouldn't let it happen and it's going to be really hard to get that through congress so why is she doing it and again a lot of this is political. number one, we have the mid-term s coming up. banks are a good thing for democrats to beat up on following the financial crisis, and people even though they leave their money in banks, kind of consider banks evil, big fat cats, from wall street and this is a populous talking point i think the other thing is more structural for warren. she sees the potential for banks to get bigger. there's lots of talk about wells fargo buying something. there's been rumors about them buying goldman sachs. banks want to get bigger through acquisitions. it's now many years after the financial crisis. they've gotten their balance sheets in order they would like to grow through acquisitions. she wants to put a stop to that and one way to do that is to
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throw out there the notion that these banks particularly wells, need to be broken up and that they're not going to get through , and putting regulators on not it's, but again, the breakup is not where i think this is going, neil. this is part political. again, beat up on banks, as the mid-terms come, and it's a good talking point for democrats, and number two, stop anymore of bank consolidation and growth, and you know, she's a powerful force she's on all the major economic committees in the senate. obviously, if the democrats lose the senate and the house, but particularly the senate, she's then in the minority she will have less say over this and that be wonderful if you're a bank executive, because she's actually not, you know, as much as she hates them, they hate her so that's where we are with this neil: it's mutual right? charlie: it's a mutual hate fest , yes back to you, neil. neil: got it. thank you, my friend charlie gasparino on that. there is a bit of a hate fest developing on social media companies, and today, we're see
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ing it firsthand, not just from the principal parties, but from the leader of the free world, i'm talking the president of the united states. edward lawrence with more on that. edward? reporter: you know, it's interesting, so as facebook tried to make its service a healthier place, the wall street journal investigation found the documents showed it actually made it an angrier place, and those documents reviewed by the wall street journal also said that as employees tried to fix it, tried to fix making the less, more and more divisive what was happening is the algorithm was pushing divisive content because it was getting that engagement so employees tried to fix it. the wall street reports that mark zuckerberg resisted some of those changes because it would reduce user engagement. tech experts say, they don't hold facebook accountable for society's divisions, but for being cynical about them. >> but what i do hold them to account for is lying about it. consciously knowing about their effects, creating this do-good smoke screen as though they take steps to actually make the world and america a better place, while in fact knowingly doing
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the opposite and creating this smoke screen that ultimately prevents the public from seeing it. that i think is the real case of arguable fraud on the public here. reporter: now, facebook spokesperson says in a statement the new algorithm ranks posts that inspire interactions, adding, research shows certain partisan divisions in our society have been growing for many decades long before platforms like facebook even existed. it also shows that meaningful engagement with friends and family on our platform is better for people's well being than the alternative. so the white house not weighing in directly on facebook, but press secretary jen psaki says this about social media companies in general. listen. >> i would say that the president does think and he has said there are serious issues around how much power internet platforms have on our society and certainly some of that reporting, is an example of that, but in terms of next steps , i don't think i have a further comment at this point in time but i'll see if there's more we have to offer. reporter: so bipartisan members of the senate want to open a probe.
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they are going to open a probe related to this reporting from the wall street journal and i can tell you that mark zuckerberg has been testifying in front of congress, five times since january 19, and nothing has changed. back to you. neil: i can snip out a sixth time coming out, all right, thank you, edward lawrence very much for that. to fcc commissioner brendan car, what he makes of all of this. commissioner, great to have you back. where is all of this going and this pouncing on not only facebook but a lot of the other social media concerns. it does seem to have a sort of a bipartisan push. >> yeah, i think you're exactly right. what this really bombshell reporting exposes is that the so-called self-regulation efforts by social media companies have been little more than a smoke screen, and as these reports come out more and more people are seeing through it. i think the social media companies have banked on partisan divisions in congress and say we can keep making money , we can keep growing because they won't get enough votes together, to act in a bipartisan basis, but as they keep taking action, that's changing. right now, you've got senator
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blackburn, and senator blumenthal coming together going back after facebook for some of the same conduct so their actions are changing so that we are seeing more bipartisan concern. not just concern on different issues, but concern on the same issues and what's interesting here is at the very same time that facebook, instagram had studies in front of it showing the harms that come from the decisions that it makes, zuckerberg went before congress and said the research that we've seen shows the positive mental health effects of social media applications. i mean, look i've got to tell you there's probably a group of old big tobacco lobbyists looking at each other saying man even we were never that brazen. neil: yeah, let me ask you about what are some of the remedy, i've heard some say we should break them up, or we should, you know, aggressively police the rights they're given, that is essentially recognizing the free press, when they're not a free or even remotely accurate press. that too though is a slippery
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slope, because then you start extending it to other players and its government intervention, so how do you walk that fine line? >> we've never had an entity like social media where there's this big of a gap between the power that they have, the control that they have, and accountability. it's just simply a wide, wide ca sm, so i said we need to come forward with a comprehensive framework that gets more transparency, more accountability, some basic anti- discrimination rule, more user empowerment so you're in control of what you see , not, you know, the social media companies themselves, and on top of that, you know, i think it's time that we get together and engage in 230 reform including at the fcc. neil: do you ever think that maybe the solutions are don't police them. let the user beware, on the left or the right, you're offended by something and you believe hook, line, and sinker, what you're reading that's on you, it's not on them. this way, they're not picking apart what you should and
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shouldn't read, whether it's something that will rile conservatives, something else for liberals but you're on your own. what do you think? >> i do think more speech is better than less, and i think that's ultimately where we need to go but what these reports shows is the degree of manipulation that's taking place without transparency. let's be transparent with the users about how these algorithms operate, let's give people the decisional power to want to opt into this , opt out, do i just want the straight wild west version? but i think these reports show there's so much more going on and when we see these types of reports a lot of the big tech always say well, you know what? content moderation at this scale is tough. what i say is, that's like driving a car 100 miles down a road and saying it's difficult to steer at these speeds. the bottom line is their content moderation decisions, unlike their own views, are not beyond the reach of common sense, reasonable regulations, so we should do it. we should also go beyond that. look, should taxpayers be subsidizing this type of
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business conduct? there's a report that show that all these companies, facebook included, have these data center s that get massive tax breaks, from different states, georgia, ohio, and in some cases they give up to $4 million in foregone tax revenue per job created so i think policy makers , politicians need to take a look at are they getting a real value for those tax breaks. neil: are all of you guys in sync on this issue? >> you know, when it comes to content moderation, look republicans and democrats are pulling on opposite ends of the thread. a lot of republicans want more speech, democrats want less but when it comes to these types of issues with the representations that mark zuckerberg made to congress, the studies that were before them, again, you've got senator blackburn, and senator blumenthal, republican and democrat coming together. you've got republican leader kathy morris rogers whose been raising this for a while. you've got senator marky, so i do think we're seeing bipartisan consensus at least on this particular issue and it's a good thing. neil: got it commissioner good seeing you again keep us posted on where all of this is going.
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brendan carr fcc commissioner and they are united on this front that some of the social media companies have taken, you know, their business a bit too far and a bit too cavalier, so we'll have to watch that closely. also watching the push come next monday, for that third booster shot that should be out that very day, but the sharp division among even the president's own medical experts, including the fda now, saying maybe not, after this.
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more than 11 million such jobs are dangling out there, and 9.5 million unemployed, so how is it that we can't get the two to meet? well because a good man it of those unemployed don't have the qualifications, education, or background they need to fill some of those jobs. connell mcshane on an interesting california program, that is trying to change that. hey, connell. connell: yeah it is interesting, good to see you, neil. they call it up scaling here and the way this particular program works is that each participant gets a laptop, they get paid a stipend, they get trained and they end up with a certificate either in i.t. support or advanced data analytics. the whole thing funded with money out of the cares act and what we found most impressive about the program were the attitudes of the people in it, ray is a dad, with four kids , he had a job, he was in stalling fireplaces, but then covid hit, he lost the job, actually lost his house for a while too, had to move in with his in-laws but here is the thing about ray. he was collecting unemployment
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at the time and he could have kept collecting. >> they signed the bill to where unemployment was increased i was actually making more money than i was as a lead installer so i looked at that as a opportunity to go back-to-school , and actually, during the digital upscale program i was going to college as well so i was really trying to amp up my education to get a better job for my future entirely. connell: like ray, alecia mchale got the same thing and she works at a tech company also a graduate of the same upscaling program and she's a mom who left the workforce during covid to help her children working remotely and she heard about this program, money was very tight for her at the time, and the whole thing has been a huge turnaround financially. >> went from making minimum wage at the sacramento coroner' office to making $70,000
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annually. connell: that was it. she says, you know, she wants people to know they can do it too that the jobs are out there. you were talking about so many jobs available if you're willing to put in the work. we were talking to barry broom, the guy who came up and started the program at the greater sacramento economic council and he was saying what he's learned from this is these new skills, the tech skills for the most part, could be intimidating at first when you start to learn them but if you want to work at google or microsoft or even this company, barry's point was it's many times it's not exactly rocket science, neil. you just need a little bit of training to get yourself started and they are doing the training here and it seems like it's paying off. neil: that's fascinating, and rewarding. because there is hope, you know? connell thank you very much. our chief national correspondent connell mcshane in sacramento. meantime we've been telling you throughout the broadcast that first booster shot from pfizer will be available for those who need the so-called insurance shot, if you will, to boost and
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keep the protection from those who have already been vaccinated. now it's supposed to be meant for those who have compromised immune systems or the elderly but even among the president's own people there's sharp division here, for example, the fda says the existing vaccines that are out there are just fine, you don't need to add to it, the cdc is exploring the issue in more detail, but my next guest is very worried about where all of this is going. dr. matt mccarthy the author of the best seller "superbugs" the race to stop an epidemic, the cornell medicine associate professor. doctor good to have you. your concern is what mere? that we're pushing this or rushing it or it should be part of the equation? >> well what happened was the biden campaign came out a month ago and said that we're going to make boosters available for all healthy adults and whether en they made that announcement, i said wait a second. this is not something we need to do for everyone. we clearly need to give boosters to people with very weak immune
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systems, but for the general population, let me see the data, and this week, we got to see the data, and what's going to happen is tomorrow, an expert panel is going to get together and debate this data and then it's going to make a recommendation to the cdc it's clear from the data and i went through all of it, that there is no evidence that otherwise healthy adult needs to get a booster shot. we definitely are going to recommend boosters for people who have weak immune systems and there's some healthy debate about people over the age of 60 but this idea that we need to vaccinate 100 million healthy adults there's no evidence to support that and i think you're going to see a really strong pushback tomorrow from this expert committee that we don't need to be telling people that a third dose is necessary when these vaccines are working so well thus far. neil: you know, doctor, the companies behind these vaccines, pfizer which is ready to go on monday and moderna which hopes to be ready to go
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pretty soon, they're saying that covid vaccine protection wanes overtime. what do you make of that? >> yeah, so the initial studies were about symptomatic infection , and what they're doing is sort of a slight of hand here, and saying well, we're not talking necessarily about symptomatic infection. we're talking about all infection, or we're not focusing on the secondary analysis of serious disease, we're going to give you the secondary analysis of something else, as somebody whose not affiliated with any pharmaceutical company as somebody whose just speaking on behalf of patients, and public health, i think that it's a real mistake if we tell people , based on this weak data, that otherwise healthy adults need a booster, and the reason i'm pushing back against this is it could set a dangerous precedent that every few months, you're going to need a booster, based on how the neutralizing antibodies rise and fall in response to this , when the fact
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of the matter is, as a practicing physician, i am not seeing healthy, fully vaccinated adults in the emergency room or in the hospital. we need to remind people that these vaccines are working really really well, for the things that matter, and if you want the response i would have to pfizer here is that we do not want to tell people that a third shot will protect them from getting infected. if you want to protect yourself from getting infected you need to stay away from people and wear a mask. do not believe that a third shot is going to cause some sort of force field where you can then start taking high risks that are going to leave you exposed, so i don't think there is any possibility that we're going to be recommending broad mass vaccination campaign for 100 million americans on monday, in a way that we had been led to believe maybe happening. neil: i worry more about the un vaccinated will jump on this , doctor, to say, this is why i'm not getting vaccinated, because apparently you need to be revaccinated and it's going to give them, excuse me, another
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reason not to get a shot. >> you're completely right. we do not want to undermine the fact that these are excellent vaccines that are providing substantial benefit to the people who get vaccinated. the idea of a third shot really, i think, is premature right now. the key point here is that the vaccines are working. we're seeing them work every single day in the hospital, and the idea that a healthy person is going to need a third shot is mistaking right now. i completely agree with you, neil. neil: dr. mccarthy thank you very very much great catching up with you and you raise a number of valid concerns we should all be thinking about. in the meantime, you know, everyone is folk used on what general milley was saying to his chinese counterpart in the last administration. is anyone focusing on conversations that probably should be going on right now in this administration? because i've got to tell you, between our two countries,
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(other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are structured so we do better when our clients do better. fisher investments is clearly different. neil: was what general milley is accused of doing in the bob wood ward book talking to his chinese counterparts treason behavior or just routine conversations as the pentagon has put it, that involves much more than the general himself. jennifer griffin has been following this saga, joining us now from the pentagon. jennifer? reporter: hi, neil. first of all, treason is usually a term that is associated with being at war and the u.s. is not at war with china, so that term is really not appropriate in this situation. the pentagon takes issue with the reporting that suggests that
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general milley's calls to china were secret, the content of those calls was classified, but they add, the calls were fully briefed to the appropriate civilian leaders at the defense department, at the white house, state department, and to the intel community. acting defense secretary chris miller has walked back his statement to fox news that he did not authorize the milley call to his chinese counterpart, he now tells politico, "looking back i imagine there was a exchange between us and our staff about coordinating phone calls and messages for the day." >> i can tell you, frequent communication with two countries like russia and china is not a typical at all for a chairman of the joint chiefs, and those communications are routine , they're staffed, they're coordinated, and they're transparent. reporter: the u.s. military's top general often calls his russian counterpart as well, normally, before major training exercises to avoid
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misunderstandings. general milley called russia's top general back in march when russian forces masked outside ukraine and there was concern an invasion was about to take place. general milley's spokesman defended the two calls to china "his calls with the chinese and others in october and january were in keeping with these duties and responsibilities, conveying reassurance in order to maintain strategic stability ." it wasn't just general milley making phone calls, then defense secretary mark esper ordered his policy team to do the same, ahead of milley's call in october. fox news has learned it was during the october phone call, just days before the election, that assurances were given to the chinese leader that the u.s. had no plans for a surprise military strike, an effort to calm tensions. officials say defense secretary esper also ordered delay in a major exercise in the pacific so that china would not miss read u.s. intent. the pentagon has also defended general milley's role in discussions of nuclear weapons
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launch procedures. >> it is completely appropriate for the chairman of the joint chiefs of staff as the senior military advise or to both the secretary and the president, to want to see those protocols reviewed. >> what is the chairman's role in terms of the nuclear launch if there were a nuclear launch by the president? >> the chairman be intimately involved in that process. reporter: another section of the book describes how president trump, after the election, ordered the pentagon to pull all u.s. troops out of afghanistan by january 15. the plan did not include any afghan interpreters. president trump was eventually talked out of doing so. neil? neil: isn't the president trump 's argument against this general that he didn't know about these conversations, that they bypassed him altogether, so that's what's got him, you know, out of joint. reporter: well, i think you have to look at the context of the time period. this was a couple days before the election, the president was focused on campaigning, and i
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know from reporting at the time that general milley was in constant communications with the chief of staff at the white house, mark meadows, and the national security advisor, as well as robert o'brien as well as other and the state department, secretary of state mike pompeo, as well as gina haspell at the cia. neil: was it the same thing, jennifer, i'm sorry, was it the same thing after the january 6,, insurrection on capitol hill? reporter: there were constant communications with the white house with the chief of staff who typically would then be the filter through which the president would hear about things as well as robert o'brien who was the national security advisor. neil: got it jennifer thank you so much, jennifer griffin at the pentagon. to benjamin hall now fox news correspondent on the thrust of all of this and what makes it so tense, it involves china, right? and of course we have an even
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more tense relationship with the chinese now, and this administration particularly since the united states, united kingdom and australia signed on to this pact that the chinese are not really keen on, and its led to some renewed tensions, benjamin what's the latest? reporter: yeah, absolutely. this pact that was announced yesterday is a major new defense partnership between the u.s. , the australians and the brits, and effectively, what they are saying is that they recognize the growing threat from china and they need to pivot and focus over there and as you say this is greatly angered the chinese, but if you can believe it, it's also angered the french. now this partnership was announced yesterday by president biden, british prime minister boris johnson and australian prime minister scott morrison. president biden called him just "that fellow down under" but president biden said this is all about investing in alliances. >> although australia, the uk, and u.s. partnership, it sounds strange in all these acronyms
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but it's just a good one, our nations will update, enhance our shared ability to take on the threats of the 21st century, just as we did in the 20th century, together. reporter: now, although there was no specific mention of china from any of the leaders, it is no secret this was aimed at them their military build up and aggression has accelerated in recent years, and china's embassy reactedded angry out of washington accusing the country of a cold war mentality, and ideological prejudice. the first major project that was announced will be to help australia build nuclear powered submarines using technology provided by the u.s. and then go on to work on cyber space, ai, and other quantum technologies and this was this as well as being left out, the french who signed their own $40 billion submarine contract with australia, which now, will have to be scrapped. the french prime minister actually said it was a stab in the back by the americans and he accused president biden of acting like president trump but overall this is about-facing, pivoting, towards china and the growing threat there and we
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are seeing more aggressive actions from them and president biden in the lead up to the election said that be where his foreign policy was aimed. neil? neil: all right, well, i guess we just call you that fellow across the pond. >> [laughter] neil: aka benjamin hall. thank you, i love that. the fellow down under. okay, back at this country, and the fuss in florida over covid vaccines and now the governor slapping fines on cities that push those mandate, after this. if you used shipgo this whole thing wouldn't be a thing. yeah, dad! i don't want to deal with this.
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neil: issue a vaccine mandate? well if governor ron desantis has his way in florida you'll pay a $5,000 fine. ashley webster on where that's going now. ashley? ashley: yeah, deberry, florida and we're in a diner here, a really good place to test the temperature, if you like, neil, on covid vaccination issues. you know, if you had two politicians were so different you'd have to pick florida governor ron desantis and new york city mayor bill deblasio. case in point, the covid vaccination as you said now in florida, businesses can be fined $5,000 for imposing a vaccine mandate, so if you don't, if you
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say you have to have a vaccine to come into the business, you could be fined up to $5,000 in florida, what about new york city? well, you could be fined up to $5,000, oh, yes, but that's for businesses that don't ask whether you've been vaccinated or not. it is true and right now i'm joined by angie whose the owner of the deberry diner here and angie thank you for joining us. you said to me earlier, thank god i live in florida right? >> no kidding we're so grateful for our governor and that he's standing up for all of us and i hope goya governors step up and do the same thing. ashley: what do you think asking someone whether they're vaccinated and to prove it? >> it's not my business, not the federal government's business and nobody's business. ashley: and your customers agree >> absolutely 100%. ashley: angie, there you have it florida not only a different country, neil, sometimes i think it's a different planet. back to you. neil: ashley, thank you very very much, ashley webster in florida now with us is the miami mayor francis suarez.
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mayor what do you think of this policy? bumping up anything that you're doing. >> well the only thing that i can see about it that could be problematic i guess is in the cruise industry. obviously, the cruise lines which, you know, have been talking about for a while, cruising, have asked and been asked by the cdc to ensure that their passengers are vaccinated, and that their crew is vaccinated and i think that there's a case which has given them the right to do that. obviously that's on appeal, but i think that's something that has saved tens of thousands of jobs, you know, allowed hundreds of thousands of people to safely enjoy one of the most enjoyable experiences for them, and i think all the cruise ships including disney world have availed themselves of that policy. neil: do you think that fining people for instituting a mandate is the right strategy, because there's been a great
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deal of conservative, for example, opposition to fines that are going on in new york city as we speak about restaurant owners who are not enforcing this no vaccination policy so they are fining them $1,000 at a time and inspectors are going through these restaurants with surprise visits it doesn't seem consistent. >> yeah, it doesn't, and honestly, i mean, what private companies and private homeowners do to ensure that their clients are safe should be their ability to do that. i don't want government telling us what private companies can and can't do. obviously there are laws. neil: but this is the government doing that, right, mayor? maybe with the best of intentions this is the governor now saying this is the policy, we don't have mandates, you avoid that policy we're going to fine you. >> that's precisely right, and i think it could be with the best of intentions, but at the end of the day it's government telling the private sector how to run their business
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, and i think, you know, we have the right essentially for almost any reason to exclude someone from our private home or from our private business. that's the essence of private property is something that as conservatives and republicans we often protect and cherish, and it is worrisome to have government telling you how you can and can't do that. neil: have you expressed that to the governor? >> i haven't had a chance to talk to him about it. if he asked me for my perspective or opinion, certainly, as with any matter, i'd be happy to express it to him and i'm always available to converse with him about that or any other issue to help create public policy that works best for all of our residents. neil: got it mayor thank you very much for taking the time. francis suarez the mayor of miami we'll have a lot more after this including word now that the president has pushed off his remarks on this build back better program that's meant to sort of wrap around support on this $3.5 trillion infrastructure package, human infrastructure package, they are
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your screen. coventry direct, redefining insurance. that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x it. yum! ♪. neil: all right. we knew that the chinese wouldn't be happy about this pact that the united states
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signed with australia, and with great britain, to keep better protection and ward off chinese advances in the pacific but now that the chinese are saying that the u.s. and all these countries should stop their geopolitical games going on. that it sets double standards in an outdated cold war, zero sum mentality. they have similarly threatened to bring carriers off the coast of hawaii to pound the point. to charles payne. hey, charles. charles: anytime the chinese point out double standards i have a feeling it is not. thank you, my friend. this is "making money." indices on their back foot despite strong retail sales and manufacturing. so what is going on here? more importantly how do you adjust your portfolio amid all this angst sight. i have
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