to a world war ii strategy meeting for a strategy meeting, it was in casablanca in north africa. where is casablanca? >> morocco. stuart: what is the capital of morocco. tunis is the capital of morocco. david asman, he knows every capital on the planet. >> i didn't know you pronounce tunisia tunis. i'm david asman in for neil cavuto. david: as gas and fuel prices

continue to soar. what does that mean for getting his build back better agenda passed. weighing in on all of this in a government race in virginia where a establishment democrat has lost a commanding lead to a newcomer. who has been hammering hammeringex-governor terry mcauliffe on parents rights in the classroom. why the results of this election do to president biden's again today and bellwether for the nation in the future. elon musk pledging billions of doll stock to combat global hunger. he says the u.n. has to meet the pledge with a plan. we'll bring you his latest comments later this hour. first the global climate push. president biden is in scotland to pressure nearly 200 countries to cut their carbon emissions but there are emissions and some of the world's biggest polluters didn't even show up.

edward lawrence in edinburgh, scotland with the very latest. reporter: talking about china and russia. president biden is trying to push the immediate need need to invest in the environment here. committed united states to become net neutral by 2050 and make the significant investments in the build back better social infrastructure package. listen. >> energy prices only, only reinforce the urgent need to diversify sources, double down on clean energy development and adapt promising new clean energy technologies so we not only -- we remain overly reliant on one source of power to power our economies and our communities. reporter: yeah but look at this aaa saying the price after regular gallon of gas is $3.40. that is up 60%, about 60% from a year ago. gas prices are up, adding that

to inflation, that is hurting working families. against that backdrop president biden is here in scotland. republicans are saying you know, they're pointing out the obvious about this listen. >> off in europe telling people to wreck america's economy. they're all flying jets. look at the carbon footprint of this glascow summit where they're talking about global warming and all of them are flying over there in jets. reporter: now the united nations says there is not one major economy in the world that is following what is in the paris climate agreement. as you mentioned at the top of this the leader of the largest polluter in the world is note here. that is china. back to you. david: slight oversight there. thank you very much, edward, have a good trip. "the wall street journal" editorial board weighing in on the climate convention writing quote, it is bizarre to organize a summit like this while europe is batting down for a winter fuel crisis. president biden is begging opec

to produce more oil and china is firing up its coal-fueled power plants. we have canary ceo dan ebb erhardt. he is in the oil field services business. dan, it is ironic timing. i'm wondering as americans face i'm told at least 30% increase in natural gas prices for the winter, is this the right time for a conference that is basically going to call fossil fuels the enemy? >> well i think the timing is ultimately off. in europe they're looking at winter heating prices will be twice as much. europe has quite a bigger fuel crisis and energy crisis than what we're seeing in the u.s. david: so what are we going to see here in the united states? you say it is not going to be as bad as europe but we're already facing natural gas prices 30% higher. gas prices at the pump for

petroleum are almost double what they were a year ago? >> i think there is a confluence of things going on. ultimately what is happening is, i think the biden administration is playing to the far left and the progressives with this aspirational energy agenda, but there is something that they don't want to necessarily pay for. there are three sides to the triangle here. biden wants cheaper energy. he also wants to appease, you know the progressive left that wants to tackle climate change more immediately. at the end of the day the voters are not ready to pay for it. so i think that it is really a conundrum that the administration is trying to have it both ways right now. david: dan, not only not willing to pay for it, it is wondering whether the energy exists. are they leapfrogging science, leapfrogging technology by calling for carbon neutrality by

2050? >> well, of course, politicians are chasing headlines. different states, particularly california and the federal government under the biden administration is chasing these carbon free headlines and electric car headlines, but the science is not there yet. to get through 2021, 2022, probably through the next decade we'll be relying on natural gas. we'll be relying on oil, to a lesser degree we'll be relying on coal. i also think as your segment started it's a really big deal china and russia are not participating at the highest levels in this climate crisis. we want clean water and air and how we get there so we have china and brazil not intending to open up new coal plants which goes against the entire premise of the meeting what is the world is trying to accomplish. david: dan, there is the question the electric grid, whether it is capable of dealing

for example, with all the new electric cars that come online as we begin to transition away from fossil fuels. we saw the crisis last year in texas with the windmills not being able to stand up to the freezing weather. we see props problems with the solar energy when the clouds keep coming. there are more demands than ever on the electric grid because of electric cars around other things. are we prepared for that? >> no. we're not. i will just point to what happened actually this year in scotland. they closed some coal-fired plants and were reliant on wind energy. there wasn't enough wind. it created a huge energy crisis where fertilizer plants, poultry facilities, several other places that use this energy kind of intensely in scotland had to close. we could see similar things happen here in the u.s. what is most important here is that weigh have a fundamental

mismatch, or disconnect between aspirationally where we want to go with energy and what we are trying to accomplish by being carbon neutral and what the politicians are calling for and what industry and the energy industry can actually produce in the short term and the two really don't correlate and are not meeting. we need to be honest what we can accomplish. we need to be honest with voters this move of a decrease in carbon is going to khorowshahi this much, this it what it will cost you and your family. the politicians are wanting a headline out of these conferences or out of this specific conference in general, not being honest with voters. david: dan, i need a very quick answer to this last question. we had 13 million barrels a day being produced domestically a year ago. it is down to about 11 million barrels a day now. at low of people say because of the war on fossil fuels. what do you think it will be a year from now? >> i think a year from now it

will be 12. opec is waiting for the supply response profrom u.s. shale. david: dan, thank you for the specific information. we thank you very much. higher energy prices to higher tensions on capitol hill where a governor's race in virginia is weighing on the race to pass the spending and infrastructure bills inside the beltway. fox news correspondent chad pergram on coop total hill with the numbers and it is always about the numbers. reporter: there is a print by the democrats to pass the infrastructure bill and the social spending package this week. liberals are pushing for paid leave and some negotiation by the government to bring down the cost of drugs covered by medicare. big issues always creep up at the last minute. >> the bill passes like, is equivalent to making sausages. if you have ever been to a hot dog factory, and i don't recommend it, it is not a pretty

process but at the end everybody likes hotdogs. reporter: democrats have now gotten the green light from the progressives caucus that its members will support the plan. language is not final just yet. democrats hope the house would vote tuesday but that is unlikely now. >> corporations are paying zero taxes now have to pay their share. i don't think there is anything wrong with that. so i think we're going to get it done. there has been a lot of hard work, a lot of discussion, a lot of people listening to each other and hopefully we will get this done next week. reporter: house democrat leaders want to move the bill as soon as possible. they don't want to tempt fate with narrow margins in the house and senate. the house needs to vote on the infrastructure bill. it debated the plan. the house and senate would be in alignment. the senate approved that bill in early august. david. david: very quickly, the bill hasn't been written yet, has it, not all the details, yet they're

thinking voting on it before it is finished, how does that work? >> not final language. they would have to get final language. they have many sections approved here. they have to whittle down sections they will thrown out and final text. that is why we're looking at thursday or friday, david. david: chad pergram, thank you very much. treasury secretary janet yellen insisting she does not see signs of an overheating economy, ahead of a big two-day meeting for the fed and the october jobs report on friday. let's bring in capitalist pig hedge fund manager jonathan hoenig. i never like that term, overheating economy, jonathan, because you can have a overheating economy and see inflation come down which is what happened in the 1980s when we cut taxes and had that economic revival. so an overheating economy is not the problem. it is inflation that is the problem, right? >> right. david, she didn't see inflation. no one saw too much inflation in the late 1960s or early 1970s.

we think about inflation of the 1970s. david, that peaked in the early '80s but began a decade earlier. that is what treasury secretary janet yellen is missing here. she is causing the inflation, david. it is not being caused by supply shortages or greedy businessmen. that is the result. that is not the cause. the cause is the artificial expansion of the money supply that is exactly what biden and treasury secretary janet yellen are doing. that is -- david: i would argue against you a little bit. usually we're right in sync but i would say the fathers and mothers of inflation are many right now and one of the biggest causing of it are the deficit spenders inside of the beltway, not necessarily yellen in particular but also the fed. the fed has been monetizing the debt that has been spent by both republicans and democrats and of course they're thinking of spending trillions more with these new bills but how is more deficit spending as we can see this is what is happening.

look at that last line there. that is the amount of federal reserve actions that have been monetizing the deficit, causing inflation. how is more deficit spending going to help that? >> well, david it sounds kind of out there for our viewers often times but what does it ultimately mean to me? it is debt. monetizaton of debt, we're saving money and they're chipping away ever so quietly, ever so slowly. we're seeing it more and more in higher prices and well-documented, but even more difficult to document is a lower quality of life. look to history of europe in the 1990s and 2000s. in japan since the 1980s. you see lower quality of life. that is ultimately all what yellen, biden as well with the deficit spending, lower quality of life, higher prices but for all americans. even on the rich but the not so rich as well. that is what inflation causes. david: jonathan, there is

another cause of inflation to deal with. we haven't had this. it is a strange problem. so many jobs available without the workers is a good thing, that a country with all these jobs but it is not because the workers are not coming out and creating new things, building new things, offering them their labor as services for the service industries and that's causing inflation too and that also, some argue, is caused by bad policies. >> sure. i mean, david, there is a lack of investment and a lack of -- job being created and a fear amongst a lot of entrepreneurs. hear you have you know, a head democrats, people elected high forms of government talking about literally a wealth tax, confiscation type taxes. even more taxes. there is hesitancy to make the long-term plans, to create wealth knowing what is coming down the pike. more regulations we know but higher taxes at the end of the day as well. that is more of a disincentive to create, produce, that helps

keep inflation at bay. david: one of the people right in the middle of that cross-hairs of that wealth tax is elon musk. he has an interesting proposal out. he is daring the world to do a certain thing. we'll hold the subject for later in this hour but bring you back to talk about it. jonathan, thank you very much. bring you back in about 40 minutes. >> great. david: virginia governors race is down to the wires. both candidates make their final pitch to voters. we have fox team coverage from both campaigns when we continue. ♪.

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yesterday he was down in far, far south virginia, a interesting move by many accounts. it is sparsely populated and heavily republican area. some might question the value of time spent there this close to election day but higher than expected turn out in a region like that could offset potential losses in other areas. for those who live there it was a biggest ture. >> first time i've been able to meet a governor candidate in person. >> sometimes the people in virginia don't realize that we're down here and he made a point to get down here. so good to see a candidate that comes down and talks to the everyday people. reporter: yeah. the grassroots field that youngkin is trying to convey. he has not included big name republicans on the trail including former president trump who his opponent repeatedly tried to tie him to. >> crossing the aisle, we're winning the independent vote by 20 points. why? because we're talking about the

values that beginnians hold dear. reporter: youngkin has seen recent poll surges but warned his supporters polls alone do not win elections. trump has not campaigned with youngkin he will hold a telerally for him. youngkin will not be participating in that. he is expected to take the stage outside of richmond. he will go down to virginia beach to continue to campaign. he will conclude the election eve in loudon county for a parent matter rally. back to you. david: alexandria hoff, thank you very much. appreciate it. fox news correspondent rich edson who is live in richmond. rich is following democrat candidate terry mcauliffe who is really in the political fight of his life. is he not, rich? reporter: yeah he is, david. he won governor of this state before. you know is trying to recapture that. he is running in a tough time especially the polling. he is in roanoke, on his way from roanoke to a brewery.

there has been a lot of breweries in the the campaign as well as youngkin campaign. he is going across the states trying to get democrats on the polls tuesday, early voting back when that was in play earlier in the campaign. mcauliffe's attacks on republican glenn youngkin is grown more aggressive. his time in private equity with the carlyle group and him on social, economic issues. mcauliffe denied he was trying to make the campaign a referendum on former president donald trump but mcauliffe mentions trump at nearly every event. >> a person who has been endorsed by donald trump 10 times. tonight closing his campaign is donald trump. we don't need the hatred. the division. he wants to ban abortions against gay marriage. doesn't think humans contribute to climate change. we're not going back. we're going forward. why people need to vote.

reporter: the former president lost virginia by more than 10%age points last year. mcauliffe is tied or behind depending on the poll. democrats fanned out across the state to boost mcauliffe's chances. last week it was president biden and vice president kamala harris. and house whip jim clyburn joined him as senator tim kaine. early aspect of voting in the state went from mid-september until saturday. 1.1 million people. 20% of the electorate already cast the votes. much of that time terry mcauliffe had a pretty significant lead. that changed in the last couple of weeks. david: a lot of that early voting happened before all of this controversy about critical race theory and what terry said about saying parents shouldn't have a say of the books that are read in schoolrooms, et cetera. they missed that controversy,

right? reporter: right. a lot of it. a lot of it as it was developing. the town halls developed earlier part in the school year. we had some of that. david: true. >> there were comments that he made. that is the thing about a moving election here. we know the dynamic, democrats saw this in the presidential election, many opted to do the mail-in, early in person voting this is a dynamic that will change. it is an election ongoing september 16th. that early voting ended saturday. early in person voting ended saturday. no voting until tomorrow when the big election happens, david. david: a lot of what happens with the big spending bill of the president's will be influenced what happens in virginia. rich, thank you very much. appreciate it. coming up travel nightmare unfolding for american airline passengers this weekend. we have the latest how weather woes and staffing shortages have left thousands stranded. that's next. ♪.

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we got this. we got this. life is for living. we got this. let's partner for all of it. edward jones david: perfect storm of bad weather, staffing shortages cause american airlines cancellations continuing today. canceling 12% of the flights thus far after canceling 2,000 over the weekend. jeff flock at i will philadelphia airport with the very latest. it's a mess, right? reporter: glad i'm not flying today, david. another 356 flights canceledded across the system today, as can be described as hell weekend. take a look at numbers. 343 cancellations last friday. almost double that on saturday. almost double that again on sunday. people were very upset, long lines of people trying to rebook

their flights. take a look on twitter. you would see some pretty ugly hashtags when it came to american airlines. people mad that flights were canceled at the last minute. people said we don't mind getting a flight cancellation, why when we get to the airport, we're checked in, all of sudden there is a problem? not good. yeah they mentioned weather. you know, i think it was much more a staffing issue. that is an issue, as you know, david across all sorts of industries but the airlines in particular. american says though reinforcements are on the way. they are getting, they say as many as i think it is 1800 people back today, people on lay-off after the pandemic, bringing them back in. and then they will, they will hire another 600 folks between now and december in hopes of getting back to normal by christmas. we hope that is the case because i'm going somewhere. i don't know if you are.

david: we're staying in this area, i have to admit. i never been a big one for traveling around thanksgiving time anyway because of problems you mentioned. reporter: it's a mess. david: now more than ever it is a mess. jeff, thank you, i appreciate it. travel woes could have some rethinking travel plans for thanksgiving and beyond. let's bring in travel expert mark murphy. we got the new hires, people inside of the planes attacking each other with the host and hostesses with experience. 600 new hires, american has, god bless them, that is great, good for them, i hope they're well-trained but it takes years of experience to deal with that kind of stuff? >> ironic they're going out to hire new people when they have existing staff. what doesn't make any sense, i'm waiting for one of the airline guys to say it is about the vaccine mandates.

i keep hearing about weather.er azaz weaerthnlff atsff aff e rlat te.e. thth o sidefhe cn, o o hffgue i. i fodertrdaude tale to geeto g t phiy.hilly. go cd 2 m 2ututef beor ghk tk. o o t reboo reb r dwos ds ler oursrsat.at orai iorniami. 10. alane t plat t wou lveea sepinay i i iboutboplbobo aut people.eo oplele d't w't w t be b tol t wh tectnjntont tnthe t t t t t bodi uptineirlindustries,s, supp chains,in ue sun p ping o trave tng i'm i nottve this holiday season, i would have a second or third contingency option. leave couple days ahead when i want to get there. book the flights. buy travel insurance. cancel for any reason. trip interruption as part of it. if the trip gets interrupted because of something, american changed contract of carriage,

around mid-september, you have no rights. you're out of luck. this kid had to buy another flight on different airline. finally got out late on saturday night from miami. different airport, different airline. had to pay a lot more money to get home. he had to get home. david: one of those movies going through a nightmare-like trip. you mentioned the vaccine mandates. americans vaccine mandate goes into power, goes into effect where you have to be fully vaccinated on november 24th. guess what? that is the day before thanksgiving. so the day before thanksgiving their full vaccine mandate goes into effect. how is that for timing? >> yeah. it is ridiculous. you have seen the administration walking back that december 8 date. if the airlines and rest of the travel industry and rest of business frankly pushes back

hard enough this is what is happening. you're seeing it. these are protests. these are protesting a ridiculous mandate. we're out of pandemic. 15 cases out of 100,000. california has strict protocols in place. the reality we're seeing is, people that have the vaccine are able to spread it at a higher rate than non-vaxed. david: right. >> certainly natural immune people. david: mark, let me ask you, is what american going through right now and you say a lot of it is because of the vaccine mandate, is that spreading, or is it contracting? that is are more airlines following suit forcing these vaccine mandates or are more learning from american's problems? >> i think what you're finding they all said they will go ahead with it. and then at this point in time the push comes to shove and airlines, like united, on, ceo of united a week 1/2 ago said that you know, as a consumer you should fly on an airline with

vaxed staff despite the fact 25 to one ratio between passengers which don't have to being vaxed versus the employees. so the logic doesn't make any sense. now they're trying to use it as a selling point for people, kirby trying to use it as a selling point to get people to fly united? they haven't had disruptions the other guys have had. they certainly have the mandate. stay tuned. i think you will see it there as well. david: mark, very quickly on car rentals. we saw the price of car rentals double because of what has been going on. is that calming down? are they beginning to reduce prices at all or maintaining that high level that high jump we saw earlier? >> you bring up a great point. the airline industry, car rental industry, use yield management, fewer cars, fewer airline seat, higher price goes. that is supply and demand. that is what you have, it will get worse because of issue with acquiring cars. if you're a car rental company,

replenishing your feet. chip shortage is affecting number of cars they can produce. it is having a massive snowball effect. i hope the administration wakes up at some point. this will not get better. david: mark murphy, i hope your travel plans are not affected by what is coming up. >> right there, bro. travel plans. david: mark, take care of yourself. after the break president biden pushing climate change abroad amid multiple crises and a tanking approval rating at home. we break it all down when we come back. ♪.

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david: new poll has president's approval falling 42%. showsin 10 americans show the country is going in the wrong direction. editor-in-chief, bob cusack, thank you for being here. timing has to be mentioned here. i think this climate conference that the president's is having couldn't be happening at a worse time what is happening with his poll numbers. maybe they're all connected. these things are preplanned, he is responsible for all of this. he is overseas telling people that he will cut back on fossil fuels to you know, trying to please the euros by doing that, when at home, americans are really worried about prices at the pump and natural gas prices spiking just as we head into the winter by at least 30%. >> yeah. i mean it is not, it has not been been a good stretch for the

white house. joe biden was doing well in july. numbers were well over 50. spiking the ball on covid. interesting, david, people at sporting events, they're not giving president credit for that coming out of this pandemic hopefully, still in it a little bit of course. as you say the climate change provisions, they will be costly. also this big spending bill that the white house keeps insisting they will pay for all of it, i question that. and that is going to lead to more inflation issues. so this is, this is all bad news for terry mcauliffe in virginia. that is for sure. i. david: i want to get to mcauliffe for a second, on inflation and you see connection between deficit spending and inflation. the president and janet yellen, as treasury secretary, all of them tried to make the case that there is not that connection. i think americans even though, you know, the whole concept of monetizing the debt is kind of

sophisticated. i think americans get it. the more money the government spends, the less money they have because of inflation. >> yeah. i mean, you can't keep spending and spending, at some point some president will have to get ahold of this because medicare and social security are headed for bankruptcy. you have the deficit being a big problem, but we're not seeing any of the policymakers really try to get a handle on that. david: meanwhile you mentioned july as a point where the president still had pretty good numbers. then you had august. i think august is noted because of what happened in afghanistan. the debacle in afghanistan, it sort of led to this lack of confidence in this administration's ability to deal with crises. and of course promises were broken. the promise to keep american troops there as long as there are americans there, that promise was broken. other promises were broken.

that shows the mismanagement that has a lot of americans concerned. >> a lot of pundits, maybe people don't really care about afghanistan but those visuals, the airport was such a disaster. we're still learning a lot about that. that is a problem. i live in northern virginia. there was just a basically a bulletin saying watch out, the malls could be targeted by terrorists, by isis. americans are concerned about what happens abroad and but those numbers, i agree with you, david, that, afghanistan started the president's decline in the polls. david: then there is the social issues, the issue you mentioned covid at first, of course this president was polled high with regard to covid. i think he still barely just above 50% in terms of support for his covid policies. but a lot of the restrictions, particularly the vaccine requirements that we mentioned are causing even more labor shortages than we already have in the airline industry and vital services like nursing,

police force, that so forth, that will cause problems on the local level. that brings us to virginia, where terry mcauliffe on local issues, involving the schools ask failing miserably? >> that is why it's a perfect storm for youngkin, republican in the race, the education issues are playing to his strength. he is focusing on education. the president's numbers are bad. it is tough to win statewide for republican in virginia but youngkin has all the momentum at this time. you never know, i think it will be close. you have to give youngkin the edge right now. the way things are going because terry mcauliffe is nationalized race, even though tried to distance himself, been criticizing washington but of course who runs washington? the democrats run washington. david: if, here is an if question, sorry to start it that way, if youngkin wins, does that hurt the president's chances of passing this massive spending bill? >> absolutely because there will be even more finger pointing between the progressives and the

moderates and they will both say they were right. so if youngkin loses they will have different reasons of why mcauliffe didn't win and i think this, it is going to question, be a big question can they get this bill passed after that happens? that would be a political earthquake if mcauliffe loses. david: the dirty tricks at the end of last week, they didn't help terry mcauliffe at all, did they? >> no, they didn't. they didn't. this race is trending away from him. the demographics and makeup of the state help mcauliffe. youngkin has the momentum. you always want the closing momentum. david: bob cusack i always value coming on here. always a pleasure when i see your name in the run down. thank you very much for being here. >> thanks, david. david, coming up elon musk says show me how the money is spent. we'll shoaf you what evidence he needs before he is willing to donate billions of tesla stock to end world hunger when we come

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♪. david: so get this. are higher taxes the key to eliminating world hunger? tesla ceo elon musk is demanding to see the evidence. he says he would liquidate tesla shares and give $6 billion worth

of shares to the cause if the united nations can describe exactly how the money could be used to eliminate world hunger. fox business's susan li is here with her take. i love the way his mind thinks. reporter: don't poke the bear unless you're willing to respond. un director, elon musk donated 2% of his wealth, 2% would be worth $6 billion. if he did that maybe we could help solve world hunger. we did some of the math as well. 2% of elon musk's wealth of $6 billion, according to some responses out there, the u.n. world food programme costs almost 8 1/2 billion dollars. so where will he find the rest of it, right? david: right. >> the elon musk response i like the second part of it, where he says, okay, i will liquidate my stock right here, right now, tell me that you can spend this effectively. he says it must be open source accounting so the public can precisely see how the money is

spent. now in response to that the u.n. director in that interview of course says we have transparent systems in place to show you account for where every dollar goes. if you believe that. >> the united nations has a history of not being open with the public about its accounting. biggest scandals of u.n. has to do with billions of dollars misspent, went more for bureaucrats having lunches at chichi steakhouses than on -- >> most were in agreance. a lot of people say where is the most of the 6 approximately dollars going to go? into administrative bs. let you guess what bs -- david: elon musk, if he is listening get ahold of bono. the musician bono. he spent a lot of time dealing with the hunger projects. i dealt with him once, i was so frustrated a lot of -- >> first-name basis with bono. david: i don't know what his

last name is, like madonna. a lot of money goes to the government bureaucrats in the countries where they are dealing they demand their -- as they say in arab countries or -- as they say in mexico. a bribe. it is that simple. susan you set it up well. bring in jonathan hoenig for more on this. jonathan, i got to tell you with, he have our own experience. the lbj, lyndon baines johnson back in the 1960s, started a war on poverty, okay? the war on poverty, the cato institute estimates costs $16 trillion, it has barely the moved the number of poor people in america at all for that $15 trillion. so what difference does 5 or $6 billion going to make if it goes through the same hands? >> yeah. david, in fact poverty in america had been trending downward up until lyndon johnson

began the war on poverty. david -- [inaudible]. government spending -- charity has never solved poverty. what solves poverty i, david, only thing that can solve it is freedom. that is exactly what bono understands. hopefully more and more people understand. not handouts, government handouts hope people. long term structural reform. better ideas. capitalism, freedom. why the most free countries are always the most prosperous -- [inaudible]. and most poor countries you look at it are the most sub-saharan, non-capitalist non-free countries in after from. we need better ideas. david: i may have to cut out of you for a second, jonathan, we'll try one more question. because your audio is in and out. people, come here, by the millions. we've seen these, crisis at the border. and most of those people come here because of the freedom that america has, that you don't have in other countries.

that freedom component to build capital. freedom to build up the private property, not have the government take it away, main reason why the country is prosperous, why millions of people try to come here, no? >> that is exactly right, david. free countries are always the most prop produce. in america so-called middle class is wealthy on the world stage. certainly wealthy in so many areas of the world, like sub-saharan africa. to help people in africa, they need better ideas, not more charity from elon musk or anyone else. we need a consulted ral, philosophical revolution. what made america prosperous is not charity, capitalism, individualism -- [inaudible]. should make more money. david: the freedom to prosper, the freedom to develop capital and small businesses and the freedom to keep it, not to have the government strip it away in wealth taxes. the protection of private property is part of the mix as

well, no? >> that is all what it is, david. not sharing that alleviates poverty. it is best ideas and protection of individual rights and property rights that is center of that. elon is starting to get that. i hope he is watching fox business. government officials need more of those ideas as well. the u.n., david, that is where money goes to die. where wealth goes to die. less of the u.n., more america, more capitalism, more freedom. elon -- david: see their records and see what the bureaucratic overhead of some of these poverty programs really is over there good for him pointing that out. jonathan, susan, thank you for coming in as well. coming up on the second hour of "cavuto: coast to coast." a growing push to go electric. why the crackdown on emissions could leave many americans in the dust. democrats plan to ditch s.a.l.t. deduction caps. we're live on capitol hill with the that debate

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♪♪ keep on rocking in the free world. ♪ keep on rocking in the free world ♪♪ david: well, things are rocking all over the east coast. voters set to hit the polls coast to coast in elections that will determine everything from who takes the governor's mansions in virginia and new jersey to how many police are going to be on the streets this minneapolis and austin. we have it all covered for you.

first, we begin on the east coast and that widely-watched gubernatorial race in virginia. we find connell mcshane in al sand drink a ya -- alexandria with the very latest. >> reporter: beautiful area, david. boy, this race is coming right down to the wire. as far as we can tell, it's as close as close can be, ask both candidates are using these final few days to use their final push, and former governor terry mcauliffe who is i trying to get his job back and glenn youngkin, they both today have made campaign appearances in the same area, they both were in roanoke a new -- a few minutes ago. taxing and spending and the like, but it's a cultural or fight over education that has really stood out in this campaign. >> also have to diversify our teacher base.

today 50% of our students are students of color, 80% of teachers are white. we've got to have a better mix here in the commonwealth of virginia. >> reporter: now, glenn youngkin's been able to use this education issue which traditionally benefits the democrats against mcauliffe throughout the race. we've seen him highlight school board battles about mask mandates and also the way that race is taught in classrooms and use those as motivating factors for republican voters. >> america's the greatest country on the planet. we have to teach our history, the great chapters and the dark chapters. otherwise we won't know where we're going unless we though where we come from. but one thing we will not do, we will not teach our children to view everything through a lens of race. >> reporter: and here we are this final day of the campaign, former president donald trump has also become something of a wildcard in this race. he's holding a tele-rally as they call can it later this evening. but what's interesting and worth

noting about that is that trump will not be here in virginia in person, and youngkin will not be attending that tele-rally, almost trying to it if some distance between himself and the former president even though he's embracing trump and his policies and certainly wants to have his followers support him in the campaign. we'll see how it plays out. mcauliffe has an event tonight where he's expected to speak out against the trump tele-rally, trying to link them as close as he possibly can. the polls show this is as close as close can be, and there was a fox news poll that actually showed youngkin had moved ahead of mcauliffe by 8 points. we'll see how it plays out tomorrow. david: you can hear in their voices they're both going all out in this, both at the absolute limit of endurance on this campaign. it's a wild campaign. connell, thank you very much, appreciate it. well, the biden administration hoping a vote on spend anding and infrastructure could help with that virginia election, but how can you vote on bills that aren't even finalized?

hillary vaughn is on capitol hill with more on the push for changes to those plans. hi, hillary. >> reporter: hi, david. well, a coalition of house democrats from high-tax statements like thy and new jersey -- states like new york and new jersey are fighting for a s.a.l.a. cap repeal -- s.a.l.t. cap reeel. congressman tom suozzi tweeted a picture of his handiwork. they say it's harming new jersey's middle class families. no samt., no deal. s.a.l.t., no deal. that's why republicans argue that the democrats' claim that they want to tax the rich applies to everyone but not those this blue states. but some democrats are chiming in against this idea too.

former obama economic adviser larry summers tweeting this: i'm certainly no left-wing idealogue, but i think something is wrong with tax pay payers -- when taxpayers like me are getting a significant tax cut in the democrats-only tax bill as now looks likely to happen. repealing the sam -- suspect a. -- revenue would need to be made up elsewhere if the cap is repealed, and the bipartisan committee for a responsible federal budget also found on friday in a release that if this s.a.l.t. cap repeal was included, essentially in this plan, david, rich people would be getting a tax cut, not a tax hike, and that's including the tax hikes that are in the package at the end of the day when you balance out the two, the rich would be coming out ahead. david?

david: hillary, very quickly, it all seems so screwed up, i don't think there's any way anything is voted on before the election results come in in virginia, do you? >> reporter: no, i don't think so, and that's because the house rules committee is not continuing their mark-up today as planned. so that's going to extend how long before an actual vote can happen this week. they wanted it to happen on tuesday, but that's not looking very likely. david: it sure isn't. hillary vaughn, thank you very much. appreciate it. amid an ongoing push to include immigration and a path to citizenship as attar9 of the build back -- as a part of the build back better bill, we are also learning more on a purported proposal by the biden administration to offer families separated from their children during the trump administration $450,000 per person, more than we annext of kin of u.s -- pay next of kin of u.s. service members killed in action. aishah hasnie has the details on

this. creating quite a stir, this story. >> reporter: good afternoon to you, david. that's not even the end of it. those payments may not be the end of the conversation as democrats are trying to squeeze in immigration reform, this pathway to citizenship for dreamers and for workers into this huge build back better plan if it ever gets through. right now what's happening is lawyers representing nearly a thousand families who were separated while illegally crossing the southern border you should the trump era are maintaining that a families suffered emotional and mental trauma, so "the wall street journal" now reporting the biden administration is apparently working out some settlements of $450,000 a person. republicans, as you can imagine, are outraged. >> -- a country that's based upon the rule of law. this is telling every american that you're going to be awarded for breaking the law whereas those that abide by the law are at at an advantage.

certainly, house republicans will oppose this. >> reporter: and there is, of course, the military part of this too. congressman dan crenshaw tweeting this: biden wants to pay illegal immigrants $450,000 for their hardship while breaking our laws. for perspective, if a service member is killed in action, their next of kin gets an insurance payment of $400,000. let that sink this. and even one gold star parent i saying as far as, you know, this is really just a slap in the face. >> i'll just say, oh, okay, now we owe you money, and it's more money than we would pay a patriot. i just, i am outraged. i think this is, you know, you just wonder where is the outcry against some of these policies that are just, i don't know, they're unbelievable to me. >> reporter: and as i mentioned, david, this comes as democrats are trying to, still trying to work on a pathway to citizenship for all those folks that came here illegally.

they're trying to get it into this multitrillion dollar spending plan which they'll use the reconciliation process to pass, but so far their plans have failed to pass congressional rules twice already although senate majority whip dick durbin trying to come up with a third idea to get this through, but that could delay this bill even more and create more problems for moderates. david? david: great reporting, thank you very much. meantime, president biden pushing world leaders to cut their carbon emissions, but after what's happened with afghanistan, not to mention the russian pipeline giveaway, do our allies still trust biden's promises? let's get reaction on all of this from washington times opinion you would to have, fox news contributor charlie hurt. charlie, you know, there's one word that we should use more often because it is how things get done, and that is management, or in this case mismanagement. you think of all the areas in which this administration has

been right in the center of these horrible examples of mismanagement whether it's the withdrawal from afghanistan or the way this bill is being presented and rewritten and delayed and so forth. they really have a problem with management, don't they? >> yeah, they really do. in fact, they're sort of inventing new catastrophes that we didn't even think were sort of part of the political process when you look at the supply chain process where you have these container ships that are idling outside of california ports. i think host voters didn't even -- most voters didn't even realize that could be a political problem, yet this administration has sort of invented new ways to -- david: and, by the way, charlie, just a point on that. the transportation secretary was at the heart of the storm, and he was missing in action for two months. now, i understand it's a very sweet occasion to have new children in your life and to try to adjust to that, but there are times when the nation is in

crisis, and you're pinpointed as the person to solve that crisis when you have to put everything aside if can if deal with the crisis. you don't have enough of that, seem seemingly, going on. >> can you imagine if you screwed things up this badly and went to your employer and said, wait a minute, i've got a kid, i've got a grand kid that i need to spend more time with. that's great, and is you're right, i'm all in favor of it. i think parents should spend more time with their kids, but if that's your priority, please don't be transportation secretary. please leave and it somebody else in the job. i also think it's kind of interesting specifically with the european leaders, with the world leaders, you know, say what you want to about donald trump, ask clearly those world leaders, they did not like donald trump. david: correct. >> but they tiered him. and you've got -- feared them. and you've got the situation now with joe biden i think when they came in, they figured they liked

him, they'd known him for a long time, but now i don't think they have any respect for him whatsoever, and they've gotten to the point where i don't think they like him either. so it really is, it's a terrible situation. it's kind of the worst of all worlds with the biden administration. david: well, and, meanwhile, i know you're not a media critic per se a although you've been known to do that, we had an abc headline, biden reflects on american leadership and progress made at g20 summit. how anybody can look at the interview or the press conference between macron, the french leader, and biden where macron was -- you would almost see him grinding his teeth because of what the biden administration did on that submarine deal, also the fact that the allies weren't told what was happening this afghanistan this after it was done, something that directly conflicts with what the president was saying and the broken promises on the russian deal. it's, there's so many occasions in which what this

administration says they're going to do is 180 degrees from what they actually go ahead and do. >> yeah. i have to say that that interview was positively -- it was hard to watch as an american. and, you know, however much you may disagree with joe biden or not like his policies, and i don't, i don't want to see him fail, i don't want to see the country fail, i don't want to see him go abroad and embarrass himself. but that was a truly, it was a train wreck, hard to watch, grating interview -- or not interview, but the discussion between him and macron, it was really hard to watch. and he was groveling and apologizing. and on top of that, was also probably wrong about everything and saying things that were not true. it just -- as an american who wants to see america succeed on, you know, in general but also on the global stage, really hard to watch. david: charlie, i'm getting the wrap. very quick, what happens

tomorrow this virginia? >> i think the enthusiasm behind glenn youngkin is unbelievable, and voters are voting on education which has not been a republican issue in a very long time, and that's what's motivating voters to go out and vote for the republican. that's pretty extraordinary. david: it is extraordinary. and, frankly, it's a good thing to have people focused on education. what really goes on in the classroom. >> amen. david: californialy, thank you so much. charlie hurt, appreciate it. well, thousands of american airlines flights canceled, our own jeff flock is live at philadelphia international airport with an update. >> reporter: david, as perhaps you can see the mask mandate remains in place. the question is, is the mandate for vaccination of airport employees, is that having an impact on these cancellations? i'll have the answer when we come back. ♪ ♪

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muck oh, thunder only happens when is raining -- david: horrible travel troubles this past weekend and continuing on to this week. american airlines cancellation ares continuing today after thousands of cancellations over the weekend. jeff flock joining us now from philadelphia international airport.

jeff. >> reporter: just got the latest numbers from from the flight aware which keeps track of these things. today an additional 374 cancellations, and that is on top of what happened over the weekend. sunday a alone you could call it a spooky sunday and is not just because it was halloween. take a look at these numbers, david, over a thousand cancellations american alone on sunday, 479 flights delayed as well. they say weather this concert with short staffing levels. you know, american's had problems with staffing all along. some people have questioned the weather. it was windy in dallas, apparently. they say when weather crops up now with the short staffing levels they have, they can't really respond to it. others question, you know, you could see still mask mandates here at the airports and, of course, we comply, but is that vaccine mandate for airport employees, airline employees, is

that having an impact. if if you look on twitter, you'll find a lot of people that say yes. oh, yeah, i heard they're sitting out, and my trend told me this. -- friend told he this. well, the airlines say that's not the case. united, for example, says it's got 67,000 employees, and very few of them have refused to be advantage sit nateed -- vaccinated, although the pilots' union is you shoulding back on this. -- pushing back on this. short staff, yeah, that's a problem, and it may be a problem going forward. i want to point out one thing before we get away, david, because we're at the airport. we've got this show in the evening on fox business, mike rowe, how america works -- david: absolutely. >> reporter: he's going to the airport tonight, 8-9 tonight. david: oh, i love it. nobody does it better than mike rowe. nobody does -- >> reporter: i agree. david: he's the best. i knew you would because you get your hands dirty all the time, in fact, you would rather be

working on something that gets your hands dirty than doing what you're doing. jeff flock -- >> reporter: it's always good to have a backup in this business, david. [laughter] have a second skill just in case. david: jeff flock is one of the best contractors around. mike rowe and you could talk for hours about that. [laughter] i appreciate it. the biden administration making a big push for electric vehicles, but does the u.s. have the infrastructure, particularly the electric grid, to support it all? fox business' lydia hu is in jersey city, new jersey, with more on this. hi, lydia. >> reporter: hi, david. no. the u.s. does not have the infrastructure right now to support electric vehicles across the country. currently, there are 42,000 public charging stations across the country, and they are unevenly distributed when you take a look at the states. new jersey, for example, take a look at this, it ranks near the top of the list for being the most ill-equipped to handle more electric vehicles when you take

a look at the thurm of registered evs compared to the number of public charging stations available. we're actually at one of these charges stations in jersey city here. you can sees the run by a company called green spot, privately owned and operated, but available to the public. you can see there's a lot of spaces that are available because they're not if being used. i had a chance to talk to the owner and operator who tells me he laid out about half a million dollars to install these charging ports that accommodate up to 20 cars. they get money when people pay to charge, but they're not seeing a return on the investment yet. thousand that president biden proposes -- now that president biden propose toes spending billions to build out 500,000 ev charging stations, they tell me we hues let the -- >> you can't puppet chargers in places where you see is minimum

adoption because that defeats the whole purpose. we also want to make sure you're putting them in places where it drives adoption. where's the best place so they a all get a return on the investment. >> reporter: now, david, that really illustrates kind of a chicken and the egg problem that we have here. if we encourage electric vehicle adoption before we have adequate infrastructure in place, then we could undermine the entire adoption of ev vehicles by consumers. that's actually what is happening in california where we know that roughly 20% of ev owners go back to gas-powered cars because they're dissatisfied with electric vehicle charging experience. but on the other hand, if we build out the infrastructure without adequate adoption on the consumer side, then we risk no return on the investment, and as soon as you make government dollars available for that, of course then, david, that runs the risk of a waste of

government resources. david: absolutely. what a great report. lydia, that's a terrific report. thank you very much for that, i appreciate it. coming upper, we're going to have a live report from minneapolis where voters are heading to the polls tomorrow to decide the fate of their police departments. that's next. ♪♪ ♪ as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com

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ambulances on the road. all of this is leading to delayed response times. normally, if you have an emergency, the closest ladder and engine company responds, but if the close one is closed, you're going to have to wait a little longer for a different company to come respond to your emergency. so, you know, for urgent calls, it's an increase of a couple minutes. for non-urgent, you could be waiting hours longer. city workers were given nine days for this vaccine mandate to comply, and today we're seeing the response to that. thousands home without pay because they did not respond and get the vaccine. the entire public response system is now this jeopardy because of this mandate and because of these fewer workers on the job. now firefighters are working around the clock to make up for those that were placed on leave. take a listen. >> as of yesterday, we told 1700 firefighters placed on lead because they have not received the vaccination. the fire department at 6:00 this morning, they put over the alarm

that every firefighter that's working that worked last height cannot leave until they figure out what's going on. it's a chaos. >> reporter: this vaccine mandate applies to sanitation workers also. this weekend trash piled up with fewer workers and available workers moving slower. so you heard in that sound bite there was that alert this morning for firefighters to stay the after this overnight shift ask continue on their jobs. as of the last check that i made, that alert is still active, david. david: wow. all right. madison, thank you very much. becoming dangerous here. meanwhile, minneapolis voters going to the polls tomorrow where they vote on whether to eliminate the police department if there and replace it with a new, quote, department of public safety. fox news correspondent garrett tenney is live in minneapolis with that story. hi, garrett. >> reporter: hey, david. this measure's getting a lot of national attention. activists believe if they can dismantle minneapolis' police department, it will pave the way

for hem to take similar action in other cities across the country. tomorrow voters here will decide whether to change the city's charter to remove a requirement for minneapolis to have a police department with a minimum number of officers. in its place would be a department of public safety. what exactly that new department looks like is not clear though because there aren't any details or specific plans outlining how it would operate. instead, the city council and mayor would figure all that out at some point after this measure passes. those who are behind this effort argue it would lead to a more come he -- comprehensive public health approach to public safety. >> what we want is to be able to have a department of public safety that meets the safety needs of the city. that means that we could add qualified professionals like mental health providers, like homeless outreach coordinators, like substance abuse specialists to work alongside police officers and to be able to be deployed where it makes more

sense for them to be there and not a police officer. >> reporter: the lack of a concrete plan is causing a lot of concern for voters here though, particularly black residents who have been is impacted the most by the city's surge in violent crime. a september poll of likely voters found overall voters said they support replacing the minneapolis police department, among black voters nearly half said they are against it. reverend jim christopher says reforms are absolutely needed, but there is no question that his community needs the police. >> we like to call it what it is also. they can pull back on talking about the, oh, no, it's not abolish. no, it is. we're talking literally getting rid of the police. so the next thing is we're going to get rid of the police, the next day after the election the that goes through and the police walks away, what do we have? exactly. they have no clue what they have.

zero. >> reporter: millions of dollars have poured into this city for both sides of this election, and it's also becoming a crucial factor in the if mayor's race as well as city council races. and this is also potentially going to act as something of a bellwether for if national elections down the road within the democratic party, this battle between progressives and more moderate democrats playing out over the issue of policing. david? david: i'd love to see that reverend run for mayor. he makes quite a case. garrett, thank you very much. well, colin kaepernick comparing the, this fl's -- nfl's yearly draft process to slavery in his new netflix special. take a look. >> what they don't want you to understand, what's being established is a power dynamic. before they it you on the field -- [inaudible] searching for any defect that

might affect your performance. no boundary respected, no dignity left intact. ♪ david: let's get some reaction there fr nfl player, jack brewer. what do you headache of this? >> every time i see it, i cringe. i just think of these kids that we have throughout our communities ask throughout this country. we have the most underserved population is our young black men, places like california where they fail out of school at 75%, reading and math proficiency levels are the lowest, and it's just sad to see someone like colin kaepernick that has this platform will be promoting what i call the colin

kaepernick doctrine. and this doctrine is a huge threat to the well-being of so many young african-american kids because he'ser fetch waiting this victim --er fetch waiting this victim mentality that's just pouring through the hearts and minds of so many kids in america who don't realize how lucky they are. he's talking about multimillionaire athletessing with slaved, i mean -- slaves, and i mean, showing that on tv. this is a business show. the national football league pays almost 50% of its revenue to the players, and so now we're going to start saying that the players are slaves? what do you think a young, poor black kid is thinking right now? he has no choice. be they're putting it in the hearts and minds that they're victims, that they can't succeed in america, and this is just bad news for all america, for this entire republic. david: you bring it to a whole new dimension, the critique of this. but another former nfl player, burgess owens, a terrific congressman, hebb of congress, tweeted out how dare kaepernick

compare the evil endured by our ancestors to a bunch of millionaires who choose, choose to play the game. it's that word, choose. what i love about your foundation, what you do, what you spend your life doing is you make the choice for these decisions about where to go in life. you provide kids who are taught that they don't have a choice with a choice, say, yes, you do have a choice. that's one of the great things about this country. you can choose despite all the rhetoric that we're hearing there if colin and other people. >> you're exactly right. i mean, there's right now millions of slaves all over the world. you go to places across africa and asia and other places where kids are sex trafficked, folks are victims, and for all of those places people are seeking to come here. that's why our borders are full, why people are trying to get to america not to promote that messaging. it's a detriment to the future of this country to have that hennalty going across the -- mentality going across the

board. it really is sad to see colin kaepernick ask netflix -- i mean, netflix is a big corporation that has millions and millions of viewers and so much impact on the culture, and right now they're promoting things like in that, one, is antichrist and, two, it really is taking advantage of the most vulnerable, david. david: well, ask the idea of victim hood, you mentioned the immigrants that come here, my wife was one of them. she came here from nicaragua. she said poem don't come -- people don't come here to become victims, they come here for the opportunity you have in the united states. do you think that message is breaking through to people? partly by the work that you're doing, but are there enough people like you in the country that are trying to go into places where kids have a really tough time and saying you do have choices, you're not just born a victim? >> we need so much more. i've got to tell you, it gets overwhelming even here in my community where i go out and see these kids that are 10, 11, 12

years old reading at first and second grade levels. we need more people hands on because we don't have an epidemic that people don't see with our public school system that takes so much money for each child ask is not -- and is not producing anything out of them. i think that dream is lacking in that segment of the population simply because like netflix and other major media outlets are promoting this victimmed hood, this black lives matter mentality, forgetting that this nation did have slaves, but there were a lot of white people that died to help us free slavery. and so you can't just label everybody racist and tell everyone that you're a victim. and i think that mentality, it's a threat. it's a threat right now. and colin kaepernick is the mascot for that, to be honest with you. david: you mentioned education. of course, there's a big movement to push education choice within schools particularly for poorer populations which they don't have right now. i mean, the wealthy and the

upper middle class can choose where they send their kids, but a lot of poor folks don't have that option. they should have it, and we want to bring you back to talk about that. always a pleasure to see you. take care, jack brewer. the jack brewer foundation, by the way, you should look up. he is doing spectacular work. >> thank you. god bless you, david. david: well, bitcoin alling off a 28% rally in october. -- pulling off a 28% rally in october. what's driving it upward? we're going to tell you after this. ♪ ♪ you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner.

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♪ david: we have some breaking news for you. just in, senator joe manchin, one of the very few moderate democrats in the senate, is going to be speak about 20 minutes there now. he's going to talk about this infrastructure and reconciliation negotiations that are going on. this is a tease because we can't tell you what he's going to say. we haven't an indication from

the press report that his organization's just put out about it, but you can be sure that we will cover that during charles payne's hour just about 20 minutes from now. joe manchin's going to tell us what he thinks about these big spending bills. meanwhile, bitcoin pulling off a big rally in october, so can the digital currency get to 100,000 anytime soon? let's bring this charlie gasparino with the latest on this. hi, charlie. >> hey, david. make one prediction about hand chin based on prior -- manchin based on prior experience in the past, he's going to cave. you know it and i know it. let's see is, maybe we'll be happily -- david: we'll have to watch charles to find out. >> i'm betting you a dinner he caves. david: i'll take you up on that. >> bitcoin, there's a technical factor here which has a lot of people thinking bitcoin can hit 100,000 by the end of the year. the factor is somewhere between

85-90% of bitcoin is still being held by long-term investors, okay? that's good. it's being held, it's not being traded. people are storing it as a value potentially against inflation. which, as you know, is starting to become more than transitory. another thing on top of that is that you had a bunch of institutions, apparently, plowing into bitcoin, particularly after the etf sale, and they think there could be more etfs this bitcoin. this is essentially a futures etf, it's priced off the future -- as the futures trading bitcoin. youagain, you could have further developments in etfs where it's directly invested in bitcoin, normalizing the cryptocurrency. there's a bet there too. the one thing i would say, david, in terms of this whole bitcoin party which may stop the 100k bitcoin movement is that if the fed ever grew -- or i don't want to say it, but ever, ever

started to address innation in a way that it should, if it started to raise interest rates, clearly the fed is going to start tapering, we're going to hear more about that, i believe, on wednesday, but if it ever started to deal directly with inflation, that would be something that would be a negative for bitcoin and it could stop the rally. because if the fed if deals with inflation, it's actually dealing with it. what's going on now is inflationary fears are being priced into the bitcoin which, as you know, is a supposedly a hedge against inflation. so those are, those are both sides of the coin there, david. i don't advocate you buy, sell or do nothing. [laughter] just so you know. dade day no. very good description of why it's doing what it's doing. charlie, thank you. we've got to move on. the dow, s&p and nasdaq all hitting all-time highs today. busy weekend for the markets. we're going to hear from the fecialtiond as charlie just mentioned, on wednesday, get a fresh new jobs report out on

friday. key advisers group co-owner eddie ghabour is here with more. what do you think we're going to hear specifically about inflation from the fed this week? >> look, i think the they don't finally admit what we've been telling clients, that inflation is not transitory, they're going lose all credibility. so i think you're going to see them lay out their tapering path, and it may accelerate as well too, and that's why right now heading into wednesday after the huge run we've had here in the last few weeks, i think we may get a little bit of a selloff based on what the ted the says, but i don't anticipate anything more than a 2-3% drop in regard to corrections here in the fourth quarter because there's so much money that's been wrong on this market that they're almost forced to buy dips. i don't think the real trouble in the hart happens this first half of next year. david: i'm just wondering though specifically, charlie was

mentioning hay may talk -- they hay talk a little bit more about tapering, not buying as many bonds as they've been buying, but they're not going to talk about interest rates going up, are they? -- [inaudible conversations] david: -- market cap. >> no, they're just going to talk about tapering. my guess is they're going to accelerate their tapering plan but nothing about rate hikes. they're going to continue to be very, very dovish because they don't want to disrupt the markets. but we'll have to wait and see. that's my anticipation. david: eddie, very quickly, the jobs number month was terrible, missed by a large margin. are we going to see the same thing this time, or is it going to come in pretty close to estimates? >> i think it's going to come close to estimates. i think we're going to see a bounce in the job market with back to school, and i think we're going to continue to see progress there. but the wage prices and the wage stress is going to really hurt inflationary problems that we already have. david: yeah. that loss last month was just

extraordinary. i -- if we see something like that happen again, we know we're in deep trouble, the economy as a whole. eddie, good to see you, thank you very much. coming up, we have all the highlights from the world series as the astros rally, unbelievable rally against all the odds. hope is alive for the atlanta braves. that's next. ♪♪

>> homered off value diss in game . back at the wall -- [cheers and applause] david: now, if if you were watching the world series las last height, that was in the first inning, ladies and gentlemen. would you believe that the team that hit a grand slam home run in the first inning of the world series actually lost that game? sports agent dle agency founder doug eldridge joining me now. doug, i imagine when you were watching last night, you thought, boy, that's a pretty tough hurdle for the astros to jump over, didn't you? >> i sure did, but i wasn't the only one. historically all time teams are 45-3 in a decisive series-ending

game with a 4-1 lead. [inaudible] that was a surprise, and that's what makes postseason baseball so great. david: i doubt, doug, there have been any game where there's been a grand slam home run in the first game of the world series that has gone with on with the team not getting the grand slam winning the game. i don't think that's ever been done. >> now that you mention it, i'm not sure that it has. grand slams are so rare to begin with, and they're such a momentum changer. and when you're talking about postseason sports of any ilk, let alone a seven-game series, momentum can often put the thumb on the scale for the result. you know, historically 47 teams have been down3-1 in this format, but only 7 or 8 have ever come back, so we are staring down the possibility of history for the astros, and that's really a win-win for baseball. the braves win it for the fist time in 26 years which might as well be measured in dog years or

the astros do a complete pr rebrand for the world series title, and we won't know. it resumes on tuesday. this is a win-win. david: let's face it, the braves were robbed. they had the all-star game, there were a lot of businesses in atlanta that were depending on that all-star game, but it was pulled x. if a lot of the fact, the reason it was pulled was based on bad information about that voting law that they had in georgia. so for them to get this game back in their hometown, that had a real warming of the heart, did it not? >> it is. there's a certain serendipity to it, right in the story coming full circle, the cycle. it was an estimated $100 million hit to businesses across cobb county, most importantly small businesses, and they're estimating that the three-game stretch in atlanta generates $8-9 millioner game. then there's the over-- per game. then there's the overflow. it's like al davis used to say,

just win, baby. i love the fact that they're playing so well. i picked atlanta to begin with. who knows? i'm not an oddsmaker, but i do think they're putting the pieces together at the right time, and this is a big win economically for small business owners across the region. david: doug, is atlanta going to win the series or not? quick. >> that's my pick. i think those dog years are coming to an end. i think the 26-year drought's going to come to an end, they're going to bring the title back and the heart headache -- david: doug eldridge, we've got to jump. thank you so much. coming up, democrat senator joe manchin is about to speak. we'll bring you there life, stay tuned. ♪ ♪ ♪ ♪

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looking at your full financial picture. making sure you have the right balance of risk and reward. and helping you plan for future generations. this is "the planning effect" from fidelity. david: any gain on the nasdaq and the dow today would mean another record. so with that we toss it over to charles payne. already in record territory, charles. charles: i appreciate that, david. great to see you, my friend. good afternoon, everyone. i'm charles payne. this is making money. breaking now, november is historically strong for investors. so far the seasonal script has worked like a charm. stocks are off to good start making new highs, investors are keenly aware this could make-or-break a year-end rally. i have markle watchers you should hear to make this is november to remember. we have the hottest tech names you never heard of you about they're killing it. 20% of