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tv   Kennedy  FOX Business  June 15, 2022 7:00pm-8:00pm EDT

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>> a lot of this is misdirection and silliness. white house line is look at this incredible growth, historic amount of gains in the economy. basically, be grateful, americans. come on. elizabeth: come back soon, good to see you. i'm elizabeth macdonald, you've been watching "the evening edit" on foxbusiness, we hope you have a good evening and join us again tomorrow night. ♪♪ kennedy: the most action we seen since 1994, the fed raising interest rates by staggering 75 basis points in an attempt to tame out-of-control inflation but is it too late? fed chair and white house still insisting new york economy is fine. hey guys, if everything is so rosy, why are you bringing out the big guns? for months we've been talking about shocking domes and prices across the country, months and months, food is up about gas is up, everything is up including
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fears of recession after the fed this afternoon raise interest rates, jerome powell inexplicably boasted about the supposed strength of the economy. >> overall, spending is very strong, consumers are in good shape financially. they are spending. there's no sign of a broader slowdown that i see in the economy. people are talking about it a lot, consumer confidence is low, probably related to gas prices and also stock prices to some extent for others but that's what we are seeing. we are not seeing a broader slowdown. we see job growth slowing but still at robust levels. we see the economy slowing but still growth levels, healthy dose levels. kennedy: not healthy, quite anemic. it will be on life support pretty soon. the strength of the economy, how about the strength of uyghurs smoking. the nation's finances about to
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fall off a cliff, people trading in their cars for bicycles. i love bicycles but i don't love old ladies eating kat food unless it means fewer cats. republicans say they are sick of the excuses, greg scott karate chopping white house propaganda. >> five dollars gas, 8.6% cpi, food prices of so much, home prices up, everything is so expensive now. even if you have a job today, it doesn't stay up with inflation biden has created and biden has no plan. nobody has any plan to reduce inflation, all they do is wake up every day and say who could i possibly blame it on? kennedy: i don't know if there's anybody to blame a great economy on, it's so good, inflation transitory. a new poll shows vast majority of americans are not happy with the current situation 18% say
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the economy is excellent or good. i can only assume the 18% are all drug dealers. a whopping 82%, it's the only thing we can agree on other than amber turton is horrible, they say things are fair. that's a c or worse, probably a better word because with the inflation, everyone is going to go broke and that means businesses are going to go out of business, did the fed make the right move? joining me to discuss, karol markowicz, there she is in new york or florida or somewhere fantastic. she might even be in the bahamas, we don't even know. chris hahn, there he is, satan's trusted layer. and we've got hannah cox, it looks like she's in st. petersburg which is a wonderful city. good to have you all. how bad is it? >> it pretty bad and you hit on
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it in your opening segment but the problem is the biden administration continues to deny what's happening, i think step one is admitting you have a problem and they are nowhere near that, they are still like everything's fantastic, couldn't be better but americans know what's going on, they know the price of gas and food, so many things i think are wildly expensive and there aren't many of it, it's getting pretty bad and is a hard thing to cover up. this isn't something like i feel it on a plum is easier to come up if you haven't lost your job or anybody, you might not know unemployment is high but you know inflation is high when your money is worthless and impossible to buy anything. kennedy: great points because that is the problem, people are feeling it and a lot of times we look for someone to blame, who
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want to blame the guy in power, the party in power but i want to shift a little bit from that so people are totally unnerved, there's a lot unnerving and i disagree with jerome powell when he says the consumer is strong because when you have consumer confidence dipping to 2008 levels, that's bad because there is a lag between consumer confidence dropping and consumer spending dropping and that will happen next and that's when you're in real deep yogurt but i want to know what you think of jerome powell and is a soft landing possible here? >> look, i hope so but i don't think so at the moment. i think ones are pretty bad and getting worse every conversation i've had in the last month or so, i've included a conversation about the economy and i'm not talking about conversations with other political people, just regular people i meet on a daily basis.
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people are concerned about inflation, mostly driven by oil prices. there are a lot of people hiring, the job market is never been this robust but things are tough and we've got to hope increase they did today to interest rate will help slow things down with the recession, drive toward recession and allow the economy to start to recover. i am concerned, it's a political problem for joe biden and the democrats into the midterm, no way to sugarcoat it even though it's not necessarily their fault. market forces are driven by other things besides politics and unfortunately. kennedy: the problems as they arise, i think that is pretty important because yes there may be some things out of control but acknowledging when there were other people, particularly liberty minded economists looking at this saying there's more money than goods and this will be a real problem. talked about the leg and consumer confidence for spending, also a leg and pumping
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so much money into the economy and then seeing prices go up and up because there was just more money in circulation than stuff to buy with it which makes the few things you have much more expensive so for those of us i would include you you talked about ending the fed for so long, this is one reason why because essentially a bubble machine, they just create bubbles and then they think they can get a handle on everything and rain and inflation but they are going to do too much, the soft landing requires a soft touch, i don't think they have that. does anyone trust the fed? >> i don't think anybody who knows anything about history trust the fed, it feels like we are on a plane barreling toward the ground and joe biden and jerome powell are drunk and they are the pilot, we are barreling toward the ground. i don't even think it's gas lighting, i think they are in deep denial and they cannot blame the one thing all people who are being honest and blame
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which is the fed, they didn't take the right reaction that created this, democrats and some refocused voted to keep spending and printing more dollars as everything was shut down. it's not rocket science. anybody who knows basic econ 11 knew this would be created by the actions we took, on paul have been warning the fed is messing with our economy for decades. they are playing with money, we got to get a hold of our currency and if we don't, it's going to keep getting worse and at the end of the day it's not something we can take lightly because real people who can't be there kids or get a job when they need one, we need to take it seriously and i'm tired of people on the left saying is just more mass, no big deal. it is a big deal and it hurts people in the long run and why they can't get out of poverty. kennedy: when you can't afford gas, it's a big deal. stephen colbert saying i don't care if gas is $15 a gallon, i
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drive a tesla. jennifer granholm has millions invested in electric car companies so maybe those people are not the most honest actors when it comes to feeling the pain of people adding it first and hardest. those will be the people who go out and vote. we got much more with the panel during the show, it's a big one. they are coming up a little later but right now, how is the president going to get us out of this mess? by blaming everyone else, first putin and her publicans but now he has his sights on big oil. letters to seven major oil companies, threatening to use emergency powers if they don't boost supply. using them for making a profit, so much for being a capitalist, joe. national average is $5 a gallon in some cities, $100 to fill your tank. remember when the left harold biden as the pro- energy president? all of the above.
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i think it's a bunch of malarkey. house budget appropriations committee member, then climb, welcome back to the show. >> good to be back with you although it's during hard times, it's disappointing to witness what we are seeing back home. kennedy: i don't like the president targeting oil companies because they are not the best group to have on the defensive right now and i haven't heard this administration talk more about starting new refineries which would be helpful. >> at the president had policies that actually encouraged oil companies to invest in additional exploration than the companies might actually take the initiative but they operate on 20 year planning cycles and right now the president has gone all in for green new deal, abandon fossil fuels and told them they need to find a different line of work or close up shop so what we have now is when i go home on the weekend, and at the gas station and
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having to deal with $5 gas and comforting people spending half of their income to fill up the tank. then i come back here and encounter democrats who are giddy at the fact that these oil companies are being redirected toward green new deal policies and gas prices are so hi, they are thrilled with that fact. kennedy: and no one should be thrilled that people are hurting and that is the bottom line here. they can't pay bills and they are going to start making choices and withholding their spending when they can spend at all and that will start to have a real ripple effect throughout the economy but it's incredibly disingenuous to cheer on the fact that gas is so expensive which i on some level be impotence for using cleaner technology for some people
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blessed enough to afford it but the president going to saudi arabia begging for increased oil production is an admission that we are still very much on fossil fuel in our economy cannot run without it so if they admit that, allow us to drill, pump, refine and produce in this country. >> you would think they would encourage and all of the above energy policy which so many of us advocated for so long. kennedy: what does that mean to you? >> that means great, we can have solar, wind and whatever alternative fuels you want but can't abandon fossil fuels because too much of our economy depends on it so they are delusional when they have a budget committee hearing just this week on how successful the american rescue plan has been when we look at 8.6% inflation
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and runway gas prices, that's the result of the $1.9 trillion american rescue plan, inflation we are seeing and price hikes in the stores and on the shelves and gas station, we need to address inflation by going back to fossil fuels by investing in new drilling and that will help bring down not only the cost of energy but these are input costs for manufacturers, farmers, small business owners and everybody will see a benefit on their bottom line if we can bring down the prices energy. kennedy: we have to and it's not through picking winners and losers from the presidential pulpit, you create more losers and winners especially taxpayers at the lower end of the spectrum doing whatever they can right now to save on water and as long as they are still floating, they are still voting against people like joe biden who don't care about their agony and touting a great economy as proof. thank you so much, appreciate
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it. coming up, a story about a rape victim forced to give up custody of her daughter and pay child support to her alleged attacker. mccarthy is here to discuss next. ♪♪
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♪ ♪ how's he still playin'? aspercreme arthritis. full prescription-strength. reduces inflammation. don't touch my piano. kick pain in the aspercreme.
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this next story should make your blood boil, it's unbelievable, a corrupt judge in louisiana granting full custody of a woman's child to her accused rapist. ordering her to pay child support to him. i started in 2005, the woman was just 16 years old, not the age of consent in louisiana, she claims a man offered her a ride home and then raped her in his home, she got pregnant never told anybody how it happened and five years later they accused rapist learned about the child and was granted joint custody after dna test. last year it got worse after she gave her now teen daughter a cell phone. a judge ruled that was some kind of violation, this is 2022. the judge granted full custody to the alleged rapist and for
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reasons nobody can quite explain, the man has never been charged with a crime. what is going on here? joining me to discuss, national review columnist former assistant u.s. attorney and fox news contributor, andy mccarthy is back, welcome back, andy. >> hi, kennedy. i've read this case when you pointed out to me and i didn't know anything about it and you are right, i was shaking meaning it out angry it makes you but the one thing i noticed that's not in the story is there's nothing in there that says the biden justice department civil rights division is alarmed by what they've heard about the story and is now going to go down and open an investigation and poke around and find out what's going on in louisiana which i think we hear a lot of other context. kennedy: if this were your district, what would you be capable of doing here?
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>> there's a lot of elasticity as we find more and more with these civil rights laws and the biden justice department is trying to broaden them to encompass the idea that individuals are entitled to police protection and reduction of the courts and etc. it used to be that the idea was you had a right as a community to have police protection but that didn't extend to a right to a particular individual to have a particular crime investigated. they are trying to break down those laws, ordinarily i think it's too much federal intrusion in the state's but here we have a situation where the police, if the accountant is to believed, in cahoots with the defendant, he's not a defendant, the man involved, the alleged rapist, he's got a web company that
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apparently works with the police department and lo and behold even though she's made this allegation and even though normally in a rape case especially once it gets stale, remote from the time of the rape, the big problem is proving consent. there that would not be an issue because she below the age of consent, statutory rape no matter what. you'd think it would be an easy case to prove if it happened but some reason the police never investigated the case and in the meantime this judge, the rulings he's making has to know they are outrageous. kennedy: yes, it sounds impeachable on the part of the judge. you cannot believe this is happening in 2022, you have a woman, even at 16, let's say she met a 32-year-old said i'll go back to your place, she could not give consent, it statutory rape, we know his age and her age, we know the age of the
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child, all you have to do is math and see she was not of the age of consent and no one listens to her? finally after he was threatening her according to her account in the new york post, he threatened her if you ever screw with me, i will take your child, i know everyone and will do it and he has. a person accused of rape taking away from the mother, the child who was the product of that act and making the woman pay child support. how can entire system be overcome with this? it sounds like something you would read from the turn of the 19th century. >> you are right but what's supposed to stop this from happening and i must say, i'm often against the aggressive prosecution, aggressive resort to the civil rights laws because i think there's a pernicious
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tendency the federal government to get involved in all kinds of ways they shouldn't get involved but the proper role they have is a check to make sure the police are doing their job and the state courts are doing their job and i just think if we had a system where the justice department would let them know they are now looking into what's going on with this police department, that might get there attention and maybe that's what's necessary to happen. the only other thing we can think of is what we are doing here, you have to have media shine a light on this. it's an outrageous story. kennedy: i hope people are watching right now going, you have to be kidding me and if they go to have dinner with their friends, you're not going to believe the story i heard and i hope they talk about it and i hope people in louisiana, i hope they do something because this is insane. you are and same young man and a wonderful writer, thank you for being here.
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coming up, china discover alien life on another planet? if so, why did they scrub the report from the internet? the panel returned to discuss china is trying to keep the aliens to themselves. we won't have it. coming up. ♪♪
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could china be hiding evidence alien life? chinese science and technology websites this week published claims in the country, their countries giant sky radio telescope, largest radio telescope in the world picked up signs of life beyond earth. it trained to scan the skies listening for radio frequencies not of this earth. the very same day the findings were published claims suspiciously deleted. was this a mistake or is china
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making friends with et behind our back? going home? i'd like to, a bunch of alien blockers. party panel is back. karol, i would like to think this is real, i know i should be more skeptical but i'm skeptical the chinese government will be honest about anything even though scientists try very, very hard to. >> i am in no hurry to trust china and the only way to fight the aliens is to shut down our economy and have everybody go indoors and stay there for a while and see what happens from there. i'm not falling for this again. i remember when covid began, we had videos from china, people were dropping dead in the streets, we thought that's what covid was. anything they produce, i am very skeptical of. in all honesty, aliens, bring them on. let's go. kennedy: good points, after the couple of years we've had, aliens might be a nice break
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from pandemic and inflation. in my the only one who's very much looking forward to meeting them and talking with them, learning if the form of a good is real? >> i used to watch you in the 90s, you had a lot of aliens in the 90s, of course we want to meet aliens and see what they can offer us. that would be fantastic, i want to see what i've got and can teach us. i want to teach them what we can if there's ever such a thing, bring it on and let's see was going on. i just hope they are smarter than us and not just in the early stages of radio like we were in like the 1920s, not picking up a signal of alien situation to dumb to have television. kennedy: and cars and they don't have planes or nothing much just little xylophones -- fart all over each other. wouldn't it be funny if aliens were just totally underwhelming?
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[laughter] >> i mean, it could happen but i think no matter their state, i have the impression people used to be afraid of alien invasion and now i think people are like get me out of here, i hate it here, i don't care what's going on. [laughter] please let me buy my ticket on your spaceship, it's not going great here so i'm game to meet them. i do think it's weird though that all of a sudden these governments are like trickling out like 80 aliens are real kind of reports, the u.s. government recently and now china. kennedy: it is interesting because karol, there has been a shift in how people think about things because science fiction is based on the unknowns being inhabited by being they are much smarter than us, they can emulsify us in an instant but people have been through so many in conceive ability is that it's
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funny that it sounds like a nice break and also the assumption is we will still have social media if we go to other worlds and maybe will see their grand canyon, go ahead. >> i think you are right, we've been through so much we are ready to just see something completely different. universally we are in a place where we would all go at the aliens. you don't have social media? we are coming with you. kennedy: you don't have joe biden? that sounds great. you're not tortured by old people? we have like 50000. we are totally good. meanwhile, back on earth, jennifer aniston is being accused of acting like a jerk. complaining too many people are become famous for doing nothing and it's diluting her job as an actor because she doesn't say actress, actor. social media points out she got
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her shot at fame because of her wealthy hollywood parents and acting is hardly a more substantial job than being a social media influencer. is jen a celebrity for good reason or is she famous for doing nothing? the people she resents. hannah, she's seeming to mock tik tok and youtube stars but don't they have to work very hard in order to break through? >> yeah and i found her comments interesting because she said beforehand you have to have talent, that's not true. there are many who were famous before -- they just have connections. the friends cast i would say. you had to have connections and money to entertainment. a lot of people have come from family or money and not because they are talented but they have connections and what's happening
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now on social media is a democratization of fame and talent, you see people breakthrough who otherwise might not have had the means to do so. i think it scares people like jennifer aniston because they don't get to be the gatekeepers of the narrative of what popular, it is political popular at the moment, what constitutes talent and art the i'd love to see what's happening, i feel like it's original days of american idol where we got to vote and it's making the people were used to being in this circle a bit afraid for their position in society. kennedy: i think there's something to's be said for democratization and chris, you have kids, when you talk to your children and see who influences them and has broken through and story they are invested in, how many copies of us magazine did jennifer and brad pitt so during the courtship and marriage and divorce? all these people, addison ray
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and all those people, they are breaking through in the same way. >> i have nothing against people making it big, however they have the attention they get but let's not call her a nepotism baby as they did in the magazine. kennedy: he was on days of our lives, the lowest popular soap opera in the world. >> yeah but her fame has greatly eclipsed his, we don't even remember him as much as her and she was a great actress, we love her and her movies, we loved her on friends, who didn't love her on friends? kennedy: i didn't love her on friends. >> they had a whole hairstyle after her, it's fine. we love her, she's not a nepotism baby, i'm team jen but i like seeing tik tok stars breakthrough. post malone, they put a song on
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sound cloud and people here it and he gets big, that's great. bill egalitarian right now and around the world, we could have both. kennedy: be talented, do something interesting, make people think or get arrested for drunk driving like -- >> he mentions people like monica lewinsky and paris hilton famous for nothing, monica lewinsky was famous for something so i don't know what she's talking about but i think it's hard to become famous for nothing, i'm a big crashing defender for this reason, people want to watch them eat salads and work out and that's what the show is about and people are all about it so i think i would like to see jennifer aniston try it, you could do it, that's really something. kennedy: jennifer aniston is famous for the dumb salad she brought to the set of friends every day and posted a recipe like every other year and it's like okay, chickpeas --
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>> the morning show is some of. kennedy: at the millers and i think she's funny in those movies and then i think the good girls, she was good and that so she can act, she's funny and versatile but anytime someone who came of age and it different decade is pooh-poohing people just getting famous now like okay, boomer. >> will add on days of our lives, romanov was a big. kennedy: thank you very much, karol markowicz. how do you like that, chris? forks for your humble pie. great work, thank you so much, good to talk to you all. kennedy: punishing border patrol agents, they were whipping
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migrants. they were cleared of doing wrong. who is he trying to get? ben domenech is next. ♪♪
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♪♪ kennedy: that sample is straight hell. department of home and security reportedly preparing to punish the border patrol agents accused of whipping migrants attempted to cross the border last september this despite the fact the agents were cleared of any criminal conduct more than two months ago. here's a reminder of how the biden white house reacted at the time. >> it's outrageous, i promise you those people will pay. >> we understand and agree this has been an incredibly heart-wrenching issue. >> i was outraged by it, it was
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horrible deeply troubling. kennedy: she forgot to laugh. those involved were taking off normal duties of the border, fox news told the agents will face administrative violations. the thing is, they never used any whips, those are rains and even the photographer vouched for the agents, a misrepresentation of what went on there. why are they still being disciplined? joining me now from the ben domenech podcast and also dictator usa editor at large and fox news contributor, ben domenech, welcome back. >> i just can't tell you how disappointed i am that we are dealing with a scandal here in washington that could have involved significant with me and yet it didn't. it so disappointing when things like "house of cards" and the like where you see political
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figures paying for this kind of treatment it turns out not to be the case and it seems the white house is disappointed as well and in this case is going to have some kind of penalties on these people who apparently did the horrible thing of doing their jobs being being photographed doing it. kennedy: walk me through this because i know cbp is having a hard time getting enough agents to deal with the influx of immigrants because of the inhumane immigration system we have in this country the president and democrats refuse to fix although they could. if you are trying to get more water agents, is this the best advertising for what your future might hold? >> of course not and this is an example of how foolhardy the biden administration is hand why they show over and over again as
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they display this level of ignorance about the order and border issues that is so apparent. in this case you have mounted agents, people tasked with basically running down folks along the border in areas where use of vehicles would be riveted and they've always used courses for this kind of thing, there's always troops in this type of situation, and various representations of our state authorities and when it comes to this sort of issue, the whole thing started with a viral picture that people can understand what they were looking at, they didn't understand what they were seeing and jumped to the worst possible conclusion. you have media figures comparing it to the treatment of slaves, you had going apparently causing emotional pain for a lot of different democrats including kamala harris and the end result, you should have been able to say we have good news,
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that's not what was happening, that's not what anybody said was happening, it's not what the photographer said was happening and it's not what the agents were doing and yet now after this long period, i don't know why it took them this long, they are still going to put on punishment it has to discourage anybody considering putting their name into what is frankly a thankless job along the border where you can be penalized just for trying to do the work you are tasked with. kennedy: and it really hard to do that job at all because there are so many constraints and if you do sign up because of federal law enforcement, this may not be the job for you, it very thankless and only getting worse. thank you, i am thankful for you. >> great to be with you. kennedy: topical storm is next. ♪♪
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kennedy: hundred biden's laptop reveals he used to use -- search google rather for crack cocaine recipes everyone knows the low, that's a recipe for disaster. this is topical storm, imagine hunter and crack in the kitchen, so personal.
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topic number one. disney offering a global package to all 12 parks and properties for $110,000 a person. making it the biggest waste of money since the 4o1k contribution. the private jet will circle the globe over the course of 24 days because it turns out is a big world after all. the trip includes stops in america, d.c. park in japan, disneyland paris, hong kong, disneyland and shanghai disneyland allowing you to travel the entire globe without suffering through a single minute of local culture. who hasn't dreamed of flying to paris and eating amusement park chicken fingers the whole time? for an extra five grand, it will strapped an ipad to your head so the only thing you see in asia is star wars cartoons. pretty great. the price tag might seem absurd but remember, this is a luxury
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item only for the super wealthy. you know, people who can afford tampons and baby formula. topic number two. incredible video of flooding in yellowstone national park. an entire house gets swept into the yellowstone river. that's crazy. have you heard about this crazy housing market? if you ask me, it's getting carried away. the riverbank in montana is now the only thing giving up homes. in this economy, you never know when the bank will take your house. they always wanted a mobile home. personally, i wouldn't enjoy that but as the saying goes, whatever floats your house and president of flooding was due to high temperatures, melting not in no caps combined with 3 inches of rain. i have been swept away since my prompt night. that's overstating it. thankfully the homeowners are fine. montana households usually -- the lights were on but nobody was home.
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kevin costner, where are you? topic number three, it turns out not all dogs go to heaven. watch this video from missouri of the dog starting a house fire. the dog was just trying to get food from the stove and then accidentally turn it on and this is why i taught my dog to use google treats. the room filled up with smoke, there we are. the stovetop catches fire never have learned to cook from policy instagram. i have a lot of questions but one thing, where is paw patrol? fire department didn't arrive to save our furry friends which i guess makes him a rescue dog. the fire department advised the dog if anything like this ever happens again, did your house in water, everyone knows that. topic number four. netflix making a squid game reality show where contestants must conquer extreme obstacles
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to survive and make money also known as joe biden's america. the new show will feature 456 contestants from around the world, netflix says it's the largest cast ever assembled except for the time chris christie broke a rib. participants will be -- no. they will compete in the same game including red light green light, tug-of-war and even the squid game. where will take on $4.6 million with netflix called the biggest prize in reality tv history although we all know the title really belongs to season 17 bachelor sean low. the contestants will be filmed at all times, they will live and eat meals together, that's the most dangerous part of the entire competition because this is who's cooking their food. maybe there's just something on the stove. speaking of which, i'll be right back with kenne-dog.
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we made it the best segment in tv history, kennedog. dogs will save the world. tweet me photos and videos of your dog, tell me your dog's name. that is very finance. tom's dog, a 4-year-old rescue with a pretty face, lady. hey lady! next, jake a pups,
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miley and boomer, fuzz balls. hi to you. >> and monica's pooch chewy. and he just wants to cuddle and brian's dogs. i like them all. high five on all the wieners, up next, christine's poor, dash, doing yoga good stretching. down dog, up dog, dash does it all. rhonda's, harley, 136 pound koch potato, that is fun. next updater and bullet, and love them, i want to hug them so much super hard until i pee, they are see cute, you can spot sam's
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dog murphy hiding in the garden. this is piper, poor thing with a doughnut on her neck, but rocking great shades for summer. the dog, kennedog. thank you for watching, the best hour of your day. follow me on twitter and instagram. tomorrow night. good night. if luxury living is what you are after, look no further than the great state of texas. the lone star state got it all, these two listings have a bit to spare. there is luxury. and then there's texas luxury from, the lone star state this is mansion global

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