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tv   Cavuto Coast to Coast  FOX Business  September 9, 2022 12:00pm-2:00pm EDT

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stu: time is up. thank you very much, everyone. it was the bag pipes. thank you for being with us for this extraordinary day. neil, it's yours. neil: thank you, stuart. king charles iii will be addressing the nation in about app hour. he got a chance with his wife kansacamilla to meet crowds oute of buckingham palace. there's twin pressures on him losing his mother and keeping a stiff ummer lip for his country like the role his mother was in in 1952 shortly after her father died and had to deal with all that can and was just a wrong
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woman at the time and keep the nation together. 70 years later, her son is dealing with the same pressures essentially. let's go to true royalty tv editor and chief. nick, the nation rallies around the new king. i get that. there's enormous pressure on him. his tone and what he says in about an hour, what do you think we'll hear? >> i think he'll be very focused on uniting the nation and we as a nation know that we have to get behind the monarch. the monarch is not a individual person, it's the crown. i think he'll really be stating that that it's business as usual that the continuity continues and he's a new king. but the monarchy is unchanged. he is -- he's got big shoes to fill, but he knows the job at hand and knows it's different to be a king than the prince of wales. we'll hear a lot about that and hear a lot about how much of
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support his queen consort will be to him. camilla is hugely important in this partnership, and we have jjust recently making a film wih her and when you realize what she does, you'll realize how much he has to say about her later. neil: wasn't that long ago, what, 25 years ago after princess diana's tragic death she was a living villain in a soap op opera she didn't createt that's changed over the last quarter of a century. >> absolutely. i've made two films with kansas city chiefs mill la, the new queen -- camilla, the new queen. she's very frank about what she had to go through and she knows it's been a journey for her, and she knows there's audiences she's had to win over other
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those years, but filming with her this summer on the buildup to her 75th birthday, the reaction to her around the world, on the streets, people see their relationship as a real love story. they have been married longer than charles and diana were and they're in an incredibly strong partnership and there's a real love between them. she knows the job she has to do and she'll do it very well, i'm sure. neil: nick, it's a bit of transatlantic apples and oranges and in this country, a new president comes in and enjoys a honeymoon period that can be brief or go on for awhile. what do you expect king charles iii is in for now? >> you know, it's -- i don't think it's so much of a honeymoon period with him. lots of people have been waiting for this moment because nobody wanted the queen to die or her reign to end, there's a huge amount of affection for the
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prince of wales as he was and now the king in this country. you only have to look at the reaction of him and the queen, queen consort getting out of the car at buckingham palace this afternoon. the crowds were way deep. people were crying and kissing his hand and reaching out to kiss him. i think, you know, people are ready for him. he's the longest serving prince of wales in history, and i think here in the uk, people are ready to receive him, want to back him, and all the news i'm hearing around london and around the country is that we will get mbehind him so he's in for not just a honeymoon period but for a very s strong and powerful reign. neil: nick, i'm looking at the backdrop and every country has challenging times and much of europe un-colluding and our country here. dealing with run away inflation and utility bills that are just crazy and already a new prime minister trying to deal with
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that by locking in a lot of those prices right now, which is earned her the wrath of some fellow conservatives. but there's a new prime minister, new king, this backdrop of a wobbly economy, run-a-way inflation and not the best of environments in which to start a monarchy. what do you think? >> well, i don't know. look at how some other monarchies came in and a very depressed britain and opposed britain when the queen came in and on its knees and almost broke. it was a very grave country and she brought about this sort of golden elizabeth age and went on for many, many years with her reign and jumping back to her father, the current grandfather, king george and came in on the
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back of a abdication and many ft of the shooting and other issues in the parts of the country, unlike things we're seeing at the moment and they rose to the challenge and what britain likes and is very good at is coming in in adversity and rising to the challenge. i think what we've got now is a moment where the king and the queen can really provide the glue that the nation needs. history proves that it's a dark start but can be incredibly good for a monarchy. neil: that's a very interesting read, nick. stepping back from all of this, we know that whoever the ruling monarch is meets regularly with whoever the prime mi minister i, weekly meetings. i'm wondering now with the meeting with liz truss, the new prime minister and the new king, how that relationship will go. we never get details on how these meetings go, how
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substantive they get, but what do you think? >> i think they'll be as productive as the meetings with the queen used to be because what all the prime ministers have said and a lot of them are saying it today on all the various talk shows and radio shows is the moment when the queen was -- had two cravings. one was a moment they knew would never be briefed at. it was that moment where they could be convinced it would be confidential. again for both the king and the prime minister, they know this is in secret and they can speak openly. which is a, great but then the big second piece is that the prince of wales has been around for a long time, he's 73. he's seen a lot and traveled the world and met with pretty much every world leader. liz truss is pretty young and new to the whole thing, and i think she'll find it hugely beneficial, and i know a lot of
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the more recent prime ministers who said their time with the queen and these audiences were hugely beneficial to them because she was able to say when i met x or when i went to that country. or in some cases when i met that person's father, you know, she's the -- think about the amount of african coun countries or canadd met second generation prime ministeministers of that family. neil: that's a very, very good point too. finally it's more of a gossip-type of issue but it's certainly out there. king charles' rather tense relationship with his son harry. i'm just wondering how that goes right now. obviously it's rally around the monarchy, rally around the new king. i don't know if that abides across the entire family, but what's your sense of where that goes?
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>> it's interesting of what happens with harry and megan and harry was only in scotland for a period of time and the prince expressed he wants a relationship with harry and as a king, he want as relationship and he's a father first and foremost. he will want to rebuild that. all the balls are in harry and meghan's court, and it's how they operate the relationship. it's a very good thing meghan didn't go up to scotland and i think the interesting thing to watch now will be whether harry and meghan choose to take titles for archie and [inaudible]. they're entitled to the titles but will harry and meghan take it? i hope they take the advice of prince edward and princess anne and don't take prince and
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princess title for their children and let charles and william focus on the core monarchy and it'll be interesting to see how harry and meghan play and the issue around titles will give you a good sense of where their heads are. neil: i lied when i said it was my last question because i'm intrigued by this concern we hear reported within the royal family that they're very, very anxious about dealing with harry or meghan at all because they fear what might or might not come out in the book and anything they say can and will be used against them. they're leery. is that true? >> that's probably very too . i don't know. i haven't had those conversations with the princes but meghan only the other day landed a pretty big break back where she said i've been keeping a journey and i'm not restricted on saying anything i want to say. so the very fact she raised another and the fact i'm
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watching this and it's a slightly implicit threat and i've been keep ago journaling and i know for fact they're all concerns that any conversation with them. they've got camera crews following them for the netflix documentary. harry and meghan have done a lot of deals that need a lot of content. neil: thank you, nick bullen for taking the time. he's the royal editor-in-chief. piecing together is former homeland. ashley, separately there's this issue of what king charles iiiments to do with the on archi. talk about downstreaming, simplifying and i guess the monarchy gets around of the equivalent of 100 million u.s.
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dollars per year and he hasn't put a number to that andments to scale it back and focus on the immediate family and only thing about the monarch. >> he's made no secret that he wants to streamline and suggestions he wants to reduce the number of senior royals and stands at 22 to just 7. it would be the core. it would include charles and camilla, william and kate and prince edward and wife sophie and a group focused on the future of the monarchy and a more perhaps solid message to the world. easier to corral the messages and you've spoken with your last quest, neil, where does that leave harry. does his father bring him back in? i agree with your guests it's probably in harry's court but meghan as we know did not travel to scotland but she's in london still, just not with the
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in-laws. prince handout drew stepped down from royal duties after accusations of assault and his ties to jeffrey epstein ask there's reports that andrew's daughters, prin princesses beate and eugenie fighting to get royals back in their female. family. it'll make it clear who is real and who is not. on the other side of the coin, the cons would be that the monarchy could lose an heir of its mystique. it's the biggest magnet and could lead to it's a difficult line to tread and also i've heard charles say this on more than one occasion that he may want to turn balmoral, his mother's beloved home, into a
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museum because the royal families spent their summers in balmoral up there and it'll be a shift in policy. certainly reform has been on his mind as he's waited to become king. neil. i was reading a lot of london press where they were throwing out there, and i don't know where they were getting this, but the king is open to completely reducing the royal presence at buckingham pal lance, maybe maintaining -- palace and maybe maintaining apartments there for himself and his family and i don't know if the rest go condos or business offices but that would be a very sharp turn. >> yeah, i mean, look, he does not particularly like buckingham palace. nnot as his base. it's big and drafty and there's 52 rooms and he'd like to reduce to a few small apartments like living above the shop almost is what they do at 10 downing street. just live above the shop and go about your business. i don't think that's probably
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practical, but he would love to stay in clarence house. his mother never wanted to move to buckingham palace either and took winston church hilhill say, buckingham palace so he sucked it up and went. he'd like to live in a apartment and be more comfortable somewhere else. neil: like white house residence and they have the upper particulars and it's just above the house. finally -- floors but it's just above the house. i am curious what you make of the outpouring of reactions in britain and not surprisingly that didn't really alter your views here that this is a worldwide phenomena. for the queen herself, who do we have in the world today, ashley, who is i don't necessarily mean beyond reproach but someone that embraces everyone without some of the controversies and maybe
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the pope and even there drive differences. she seemed to be above that fray can charles maintain that or does he want to maintain that? >> he's had all this time to learn from the master who put a step wrong in 70 years and one hopes he took a lot of that in. polls have suggested he's not as popular as queen elizabeth and that's not a big surprise and her admirers around the world are in legion but i think charles can -- i like the fact that he met with the crowd outside of buckingham palace earlier today and had a warm smile and had a grandfatherly kind of air about him and can be normally very reserved and a bit stand offish and not great at the small talk. he's taken on a new role and
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more self-dep reigns leading indicating and showing a warmth we -- are seeing something from him that we haven't seen before. someone in the crowd grabbed him and kissed him on the cheek. that is so not royal protocol and i liked his reaction, and i think this is a very good start, but how he conducts himself as i say, he had the perfect person to teach him about public service and how to be understated and to rise above it all. neil: very well said. we get that all the time from fans that want to touch us and my case they want to slap me and in your case they want to hug you. i get where you're coming from. ashley, thank you very much, my friend. great read on all of that. we're waiting to hear from the new king, charles iii. i'm thinking of prior to king charles, it didn't go well for them. first one actually ended up getting beheaded but enough of that. he's off to a good start and the read from there and what we will
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tell his very, very hurting nation about 45 minutes away. stay with us. ♪
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>> at apple, we're fortunate to be surrounded by people who strive to innovate together and create products and experiences that enrich people's lives. products that are intuitive and easy to use, have a unique integration of hardware and software and are incredibly personal. >> all right. along comes steve job's daughter to say it isn't really worth all the fuss. susan lee has more from san francisco. what is she saying here, susan, do we know? >> as you know, neil, the gen z, younger generation tends to communicate a little bit differently and through social media so she did post this meme on her instagram where she has half a million followers there with a man wearing a shirt and then pointing to the exact same shirt, meaning the iphone 13
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looking at new iphone 14 and this is her view in the meme saying there's not that much of a difference. now, there's an argument that can be made that maybe the iphone 14 regular line, which still has the old chip that you get in the iphone 13, there isn't really that much of an upgrade or something new. apple will argue, look, it's a new design, especially with the pry seizure disorders settings and the -- privacy setting and the bar at the top of the iphone 14 and the camera system with stabilizers and video and the auto focus on the front cameras so the camera systems have been upgraded with a boxy re-design and the pros getting upgraded chip set and it's supposed to be faster and bit of re-design coming to the camera and i'll tell you this, neil, we can talk through it, there was a crash on the website today according to a lot of these reports where people couldn't check out their new preorders for their iphone 14. web bush says there's 90 million phones that will be sold in the
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new iphone 14 line and according to reports, it's selling pretty well so far in china and the u.s. and china, the two largest markets is where they're also by the way keeping their prices unchanged from last year. they know that they're trying to get these new consumers in. they're raising prices in other countries where they have a strong dollar affect in china, germany, and canada. talking to executives during the launch event, people are wondering why you held this event a week early and some thought you'd make an announcement coming to nfl strestreaming and we ship when e products are ready and tells us and extrapolate from the shipping date and whether or not there's a clog and supply chain and not affecting this round of new iphones. and other devices of course.
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neil: this is happening on a big launch and they can't handle this and would have gotten better and it's overwhelmed and maybe like they the publicity of saying people, there's such a rush that computers and that's customs and some will wait and others say, what the hell. >> i don't know about you but i've been getting a flood of e-mails talking about their excitement for this new iphone 14, the colors they're getting whether it's gold or purple and the verizons and t-mobiles and the like and maybe paying $1,000 for the iphone pro max and getting $800 back in subcities so it makes it more affordable and that's the catch as well to sell more iphones and there's a saturation effect where iphones make up less than 50% of apple sales and if you look through that event, they led the first hour with a lot of wearables so you got the apple watch, new
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apple watch ultra sports edition and air pod pro and see this declining wait of iphone sales and pushing more towards services as well, which is now 25% of their sales each and every quarter. those wearables are now fortune 100 company on their own and that's a a realization you can get something else with your money that could excite you to delight and surprise with apple. neil: v susan lee on all that. mark, the first chance to get it within a week, which is the quickest turn around time we've seen from apple. what do you make trust worthy all that. from all of that? >> as i was sitting here listening to what you and susan were talking about, and i hear what steve jobs daughter posted,
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i was already kind of thinking the same thing and apple is no longer in my mind an innovator and a consumer goods company. i have this because i need it. i can't live without it and the reason i get the next model is the battery starts crapping out on this thing. what apple has done on the opposite side of the spectrum is they've become incredibly efficient and i think that's what you're seeing right now an increase in efficiency with developing the next model product even though it might not be substantially different and getting it into the hands of consumers quicker. neil: some people say they get a new apple iphone every other version. they had a 13 and will wait till
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the 15 comes out. there's others that do the same thing with the watch, yeah, it's a bigger screen, faster, all of this and geared to athletes and all that, which was my big draw, but they'll wait for the next generation after that. apple merely goes along and it's a conglomerate of its own beyond just the hardware and software maker and it's a big retail sort of barometer. it's a special barometer and how do consumers do? >> i love what you just said because it's a great barometer for retail but i almost feel, neil, like it's more of a consumer staple than a consumer discretionary. a lot of people watching will say that typier guy is absolutely -- tepper guy is absolutely crazy and one thing you need to get along in life. maybe you don't need the apple iphone and maybe use anti-seek story droid or something but
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smart phones are an integral part of every single one of our day-to-day lives and the consumer has been able to tread water and they're the last man standing in this economy. we need to make sure the consumer is strong. when we look at some apparel retailers, we know from nordstrom to they try to get as much inventory as possible and people don't want to buy as much apparel and people shifted their focus and buying more essentials, and i now view apple as an essential. neil: you know, mark, one thing i've always enjoyed about you beside the fact you're a snappy dresser, your jackets are amazing. tie shea.touche. >> thank you, neil. neil: you see things going on before other people and warning about technology before we had
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the route. do you think we've overrouted it? in other words that the selloff is too much? a lot of big names, apple included, that were close to cut in half, apple had more of an advance and granting you that it was overdone and the fear of the fed continuing to raise interest rates and pummel stocks for god knows how long. we essentially exhausted that and we're close to technology capitulation. what do you think? >> there's capitulation in other industries as well, not just technology. neil, since 2009 till recently, we were in the qe era and the qe era, what it did was really a funeral for stock pickers. nobody needed a stock picker because you could buy the spy and you were doing the same as everyone else. it was the whole rising tide, lifts all boats kind of concept, and it worked very well. what you're seeing happen right now is all of a sudden stock
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picking is in vogue again. there are opportunities whether it's oversold tech companies or oversold healthcare companies like medtronic near 52 week low or generac near a 52 week low with rolling blackouts and focus on that rather than behindly finding the index -- blindly finding the index and focusing on that. newark mark teppe, thank you for all of that. we'll be back. ♪
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neil: one of the benefits of this job is talking to remarkable people. my next guest is one of the most remarkable i've ever spoken with. frank siller. you know the story of frank, he lost his brother steven siller on 9/11. steven was rushing to a fire and ended up dying in that attack.
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frank carried the torch in the tunnels to tower foundation and arguably the best and most impressive charity, which i've ever invested and supported, and he's a very big reason. frank siller, kind enough to join us now. frank, always good to see you. my son, t fireman, great admiration for you and appreciated the time last year on the big anniversary. you took the time to meet with fire fighters. anyone who bumped into you, he remembers it well. i'm thinking now, 21 years later, the impact of the day for you, personally. >> it's still very sad for me. it's a day i lost my youngest brother, the youngest of seven children. my parents had him when they were very old. he was a miracle, our little gift from god. he was 25 years younger than my oldest brother and i was closest in age and i was 14 years older than him, and my panters died when he was a little boy and we
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raised him. he was as much a son to us as a brother. i miss him terribly. i just so miss him terribly, but i'm so proud of what he did 21 years ago when he ran through that tunnel, brooklyn battery tunnel with 60 pounds of fire gear on his back and got to ground zero and saved lives and gave up his own. that's why we started the foundation to honor him and all those who perished that day but most certainly the first responders. neil: do you worry, frank, that people begin to forget that a whole generation, my oldest son was born the day after 9/11. but that they don't know as you know as so many in this country know just because of their age, just because of the time that's passed? >> i do worry, and i know you will teach your children about 9/11 and many families, especially in the new york area will teach their children about 9/11.
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schools aren't and it's upsetting and sickening to know that so many schools throughout the country do not have a curriculum and we're changing it. tunnel to towers started in 9/11 institute and we have a curriculum where ages k through 12 to teach the story and heroism and what happened, what exactly happened on 9/11, and it's so easy. people go to t2t.org and you're a teacher and want to download the curriculum, it's there for you. we put a lot of effort into it, but it's important we never forget and don't want it to happen again so you can't forget. neil: you've extended this helping and having homes for our bravest that not only suffered that day but those that supported the war effort to make sure it didn't happen again, and it's become this huge industry, this huge charity to help people
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with the highest bang for the buck of any charity i've seen and the demand sadly is always there, isn't it? >> sadness is always there but look, we try to enlighten other people's lives, bring joy into other people's life and stability. we pay off the mortgages for our gold star widows that have young families left behind, fallen first responders like we did today, 21 mortgages for the 21st anniversary, we just took care of it today. you die in the line of duty and leave a young family behind, we're going to take care of your family. all across america we're going to do that. you know we build smart homes for our country's most catastrophically injured service members. we're proud of that work we're doing but only get it done with the generosity of americans, your viewers, go to t2t.org and donate as little as $11 a month. it adds up. we're blessed we have like
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general motors and home depot and other great people that many pay off a full mortgage for us, but we need the $11 a month for all of us to coming to so we can do over 200 homes last year, over 200 homes this year. but we need to do it every year and that's what $11 a month can do. neil: it's remarkable from the pain you suffer to carrying that forward. >> i want to say hello to your son basi because i was nearing e end of my walk last year and you were there towards the end with your son in his fire house and fire company, and it was just beautiful meeting all the people. you know, america is just so beautiful. and i see the goodness of america every day. all these people that joined us on the mission and to see all these fire fighters that join me on my walk during last year and so many people that join tunnel to towers and take care of the families are uplifting. it's uplifting and i got to
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thank you because you've been there for us all along. neil: quite the other way around. that picture is a treasured monument to bradley. he loves 21 pilots, the group. he said this guy is bigger than 21 pilots. i said, all right. enough said. frank, thank you very much. by the way, i understand it's your 40th wedding anniversary today? >> no, no. 44th. neil: 44th. oh a my goodness. >> 44th. i told my wife this morning when we gave each other a big hug and a kiss, it's a good begin and we have to cherish every single day. i fell in love with her the day i met her. i told her first date she was going to be my wife and that was at christmas eve midnight mass and my life has been blessed because of her. neil: that's amazing. >> and my children and grandchildren. neil: i'm 39 years and i'm a piker. i tell my wife it's the best 39
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years of her life. we'll see how that goes. thank you, my friend. >> yes, thank you. god bless. neil: all right, frank siller. i guess i showed my bias there and where i lean. i look at charities very, very closely, and so called bang for the buck you get on and for such a horrific day and the good he's done and helping people out who through no fault of their own through harm's way lost their lives and he's been looking after them. 21 years after that tragic day, it is the least we can do. we'll have more to this.
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neil: you've heard from many, many people who knew queen elizabeth ii and some who worked for her for awhile and you don't get to be someone and know them to the degree as when you're that person's chef. grady mcgee was the personal
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chef to queen elizabeth and has great stories to tell. very heart warming stories. darn, very good to have you, thank you. >> thank you. neil: was she a tough customer for your food? >> the queen was incredible. incredible lady but the queen actually ate to live rather than live to eat. she wasn't a real foody. it wasn't difficult to put on a new recipe, a new dish. we'd have to acceptable the senp to the queen and in one of my youtube videos i share in a note she sent back to the kitchen. strawberries were in season and i sent up a dish called vail farmer's daughter and got a note back from the queen saying what or who was the farmer's daughter. she loved her favorites. neil: what were some of her favorite dishes?
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>> the queen was a chocolate fan. she loved chocolate. any dark, the darker the better. little known fact about the queen was the 70 years on the throne, she would have two birthdays a year, her actually birthday and official birthday and on each birthday, she'd have the same recipe, the same chocolate cake recipe for each birthday all over those 70 years. i made the same thing for 11 years, the same one, the same recipe and the recipe dates back to queen victoria's chef. this is a family recipe. this is a queen loving chocolate and the queen loving the family recipes and loved game on the estate too so any venison, partridge, pheasant, she loved to have that on the menu and prudent vegetables from the garden. i remember the queen going into the balmoral garden and picking berries and when i got back, she said can you make me some jam please quite a few times.
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neil: that's beautiful. i'm curious too, darren, you get to see the side of a public figure that other people don't. so many people who have seen the queen are impressed by, you know, how good she was at the ceremony and avoided politics but you got to see her with her guard down and all indications are that was a bit of a different person. >> oh, absolutely. yeah, i got to see over the 11 years, i was doing breakfast, lunch, afternoon tea and dinner for the queen and guests and family. i saw the pomp and p pageantry d when she came into the kitchen, you stood at attention. she had that ora around her and she came into the kitchen and looked you in the eye and said thank you for a lovely weekend. that meant so much and for me that was worth more than any money and she made you feel like the most special person in the world like that and whether it
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was her just talking in the kitchen or whether it was being at balmoral castle, her favorite place, her jewel in the scottish highlands and dancing with prince phillip, i got to dance with her several times and the big beaming smile on her face. or whether it was walking the corgis. my first meeting was along the river and the dogs saw me and started chasing me and the queen burst out laughing and thought it was so funny. funny. neil: you learn a lot about families and how they are at a meal with each other, lunch or dinner or big events that obviously you had to cook for as well. that's a high-pressure job for you and for those who assist you. how did you handle that? >> i mean, it was tough. you start off at the palace. when i was there, the queen had 20 chefs and you just keep
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working your way up. my very first day was feeding carrots to the queen's horse and never cooking for the queen. peeling carrots so the queen could feed her horse at the end of the ride. after that it didn't get better, shopping meat, lamb, chicken, liver for the royal corgis and takes time to get up there. when you get up to the top there, you're doing a state banquet and cooked for president reagan, clinton, ford, both president bushes and the queen. you know, the pressure isn't there. it's sort of everything runs to military precision. one fact people don't know is like at a state banquet, as soon as the queen puts down her knife and fork, the course is over. the queen's page would press a button and traffic lights change from red to green and people come in and start picking up all the plates. you'd finish and the queen would finish. neil: wow. so you better not be dragging through the meal because when she puts down, that's it.
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it's over. the meal goes. >> that's right. yeah. neil: done, finish. darren, beautiful stories. thank you. i love hearing that kind of stuff. darren mcgrady, held in very, very high regard by probably the most popular woman on the planet. that is not a bad testament on your own career and life. we'll have more after this.
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neil: we are looking at 1/3 straight days, three down weeks in a row, looks like it will not be 1/4 week. more details on that. waiting to hear from king charles iii. britain's royal monarch, after this. tments is different than other money managers. (other money manager) different how? aren't we all just looking for the hottest stocks? (fisher investments) nope. we use diversified strategies to position our client's portfolios for their long-term goals. (other money manager) but you still sell investments that generate high commissions for you, right? (fisher investments) no, we don't sell commission products.
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neil: following the queen's tragic death, 24 hours, king charles iii is addressing the nation from buckingham palace, any minute, we will keep you posted on that. a service of remembrance will begin at st. paul's cathedral for the queen. prime minister liz truss, and the opposition leader in london mayor are all seated in place and some 2000 members. >> the queen, my beloved
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mother, was an inspiration, an example to me and all my family and we owe her the most heartfelt debt any family could go to their mother, for her love, affection, guidance, understanding and example. queen elizabeth's was a life well lived. a promise with destiny kept and she is mourned most deeply in her passing. that promise of lifelong service, i renew to all today. alongside the personal grief that all my family are feeling, we also share with so many of you in the united kingdom, in all the countries where the queen was head of state, in the commonwealth and across the world, a deep sense of gratitude for the more than 70 years in which my mother has as
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queen served the people of so many nations. in 1947 on her 21st birthday she pledged in a broadcast from cape town to the commonwealth to devote her life, whether it be short or long to the service of her peoples. that was more than a promise. it was a profound personal commitment which defined her whole life. she made sacrifices for duty, her dedication and devotion as sovereign never waited through times of change and progress, through times of joy and celebration and through times of sadness and loss. in her life of service, we saw
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that abiding love, fearless embrace of progress which makes us great as a nation. is affection, admiration and respect she inspired became the hallmark of her rain. as every member of my family can testify, she combined these with warmth, humor and an unerring ability always to see the best in people. i pay tribute to my mother's memory, and i honor her life of service. i know that her death brings great sadness to so many of you and i share that sense of loss beyond measure with you all. when the queen came to the
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throne, britain and the world were still coping with the private nations and aftermath of the second world war and still living by the conventions of earlier times. in the course of the last 70 years, we have seen our society become one of many cultures and many faiths. the institutions of the state have changed in turn, but through all changes and challenges our nation and the wider family of realms where talents and traditions i am so and expressively proud, have prospered and flourished. our values have remained and must remain constant. the duties of monarchy also
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remain, as to this particular relationship and response ability towards the church of england, the church in which my own faith is so deeply rooted. and that faith and the values it inspires i had been brought up to cherish the sense of duty to others and to hold in the gracious respect the precious traditions, freedoms, and responsibilities of our unique history and our parliamentary government. as the queen herself did with such unswerving devotion, i too now solemnly pledge myself, throughout the remaining time god grants me to uphold the constitutional principles at the heart of our nation and wherever you may live in the
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united kingdom or in the realms and territories across the world, and whatever may be your background or beliefs, i shall endeavor to serve you with loyalty, respect, and love as i have throughout my life. my life will of course change as i take up my new responsibilities. it will no longer be possible for me to give so much of my time and energies to the charities and issues for which i care so deeply but i know this important work will go on in the trusted hands of others. this is a time of change for my family. i can't, the loving help of my darling wife, camilla, in recognition of her own loyal public service since our
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marriage 17 years ago she becomes my queen consort. i know she will bring to the demands of her new role the steadfast devotion to duty on which i have come to rely so much. as my as my heir, william, now assumes the scottish titles which have meant so much to me, he succeeds me and takes on the responsibilities to the tukey of cornwell which i have undertaken for more than 5 decades. today, i am proud -- the country whose title i have been so greatly privileged to bear during so much of my life and duty.
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with catherine beside him, our new prince and princess of wales will, i know, continue to inspire and lead our national conversations helping to bring to the center where vital help can be given. i express my love for harry and megan as they continue to build their lives. in a little over a week's time we will come together as a nation, as a commonwealth and a global community to lay my beloved mother to rest. in our sorrow, let us remember and draw strength from the light of her example. on behalf of all my family, i
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can only offer the most sincere and heartfelt thanks for your condolences and support. they mean more to me than i could ever possibly express. and to my darling mama, as you begin your last great journey to join my dear late pop, i want simply to say this, thank you. thank you for your love and devotion to our family and to the family of nations you have served so diligently all these years. may flights seeing thee2 your rest. neil: king charles iii addressing the nation and the world, remembering his mother
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queen elizabeth ii who died at age 96. you might notice an audience taking it in at st. paul's cathedral in london, including all the top political, business titans of britain including the prime minister and mayor of london and representatives from both parties, going back to their days as youngsters. the king saying our values remain and must remain, and i shall endeavor to serve you with respect, loyalty, and love. address the elephant in the room, tenuous relationships within the family by saying my love for harry and megan as they continue to build their life overseas, a unifying speech for a man who learned less than 24 hours ago that his
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mother had died. added pressure on him, helping a grieving nation as well. we have jonathan with us, the correspondent, that was almost a picture-perfect tone any time it was really called for. when it is your own mother you are talking about. >> for king charles this is not just the case of his dear mama but the you know is weight of responsibility, there's always a monarch, he said that he knows that in the past, an activist prince of wales, things will change. my life will change as i take my responsibilities.
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no longer able to give so much energy to the charities and issues that are important to him. all the promises he's giving now, like the promise his mother gave, 70 plus years ago, that she would serve for the rest of her life, how he plans to serve. remains to be seen if he could stick to that because he' s so well known for his views, his life, we know so much about him in contrast to his mother who came to the throne so young, things are going to be very different in his period of rule. neil: her life of service, we saw the abiding love of tradition with that fearless embrace of progress which makes us great as nations, the affection, admiration, the affection she inspired will become a hallmark of her rain and clearly sensing the heavy pressure on him to do the same, and said that out clearly?
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>> he set out what he wants to do, people will judge us on his actions and he will take seriously the enormous responsibility, boris johnson in parliament earlier talking about the massive amounts of queen elizabeth the second throughout her life. and how she carried it off efficiently. the same is being asked of him. this is a massive thing to ask somebody to do. he spent his life knowing it is coming but not knowing when. let's not forget that at his age most people are thinking of retiring, slowing down, there is no bigger responsibility than he is taking on now so the stakes are very high and because people have very firm ideas about him already in the way they wouldn't for a much younger monarch coming to the throne there is a lot to prove in that sense. the first clue today about how
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he's going to deal with that is when he arrived at buckingham palace, he didn't drive through, he got out outside the palace, he went not to look at the flowers first but to go and shake the hands of the people who were all wishing him well as king and passing on their condolences. a very clear sign, carefully thought out, it was filmed by a crew from the bbc so that people could see just next to him cameras showing him shaking hands, embracing and kissing members of the public showing he's going to be a servant leader in the same mold as his mother but he won't do it the same way as his mother because it is a drastically different people. we have to wait and see what prince charles, now king charles iii, will do to put his own mark on the monarchy. neil: thank you very much. those just joining us, king charles iii has just addressed his nation within 24 hours of
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the death of his mother after she ruled the country for 70 years, the first time in that time -- the "national review" institute, douglas, good to have the you. what did you think of this speech? immediately i thought he addressed the two elephants in the room, his wife camille, going back to the days, some brits have hard feelings about that situation and he talked about harry and megan, my love for harry and megan as they build their life overseas. it was a very open, open to all tone. >> hit exactly the right tone. in the past the royals have been criticized for being too showing of emotion. this was the criticism that wounded the clean very deeply in 1997 after the death of princess diana. we 20 she wasn't prepared for that.
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>> by all accounts she was deeply shocked by this. she was from a generation which didn't show emotion. neil: stiff upper lip. >> and there are good things to be said about that. this was the same attitude that got britain through the darkest days of the war. nevertheless the country has changed, society has changed and people expect to see more emotion, more warmth. people shouldn't think just because people don't display warmth they don't have it. the queen was all warm mother and grandmother, great-grandmother. she didn't believe in the showing of emotion in public, as much as the next generations of the family do. it is important that king charles addressed those two things in particular, his wife, now queen consort, and the issue of harry and megan. it would be terrible if there
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was any domination of family problems that occurred at this moment, i am sure the new king wants to be thinking of his mother and reflecting on her memory, reflecting on her achievements and not to let anything distract from it. neil: normally, all countries, people gather for a funeral and pay their respects and someone who has passed away. it dissolves again. what do you suspect now on the harry and megan situation with talk of a tell all book, many of the family the erie of talking to them. how do you think that goes? >> i hope they restrain themselves. the late queen's views were those of her mother, the queen mother, which was never complain and never explain, never given, the queen mother once gave an interview, only
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once and deeply regretted it, thought it was a great mistake, said almost nothing. the late queen took a similar view. she didn't believe in throwing out views, everyone has views but she didn't let her own views off, she was a very intelligent woman, sparkling and had a keen insight, wisdom, which was the quality world leaders including american presidents enjoyed. she didn't throw out her opinions on things, i hope the next generation of the royal family and the next generations of the public learn a lesson from that. there is a reason why she was respected, not just her longevity, not just the way she was on the throne but the qualities she and body to. those are qualities that our society has been losing, qualities of stoicism,
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resilience, not moaning and much more. people should reflect why we admire those qualities and the extent we admire them why they might want to keep on them. neil: the queen issued stating her political views, but her son was not bound by that. he freely expressed opinions not only in speeches but the interviews he did particularly in the period with diana but we knew his thoughts about climate change and glass covered skyscrapers. as king, do you expect him to do that or to do the stand back above the fray? >> he will have to do the latter. in a constitutional monarchy you cannot have a king disagree with the government. the king or the queen must preside over government like a light above it.
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it is true prince charles put out his own political views more than i think any of us thought was wise, told ministers, he did say a number of years when questioned about that he certainly wouldn't do that. neil: we know -- never knew what the queen which he was coming from. >> governments come and go and there might be a particular prime minister that a particular monarch is more fond of, but -- neil: do we know whether she had it? >> we do. there were people whose company she enjoyed more than others. she had huge respect for winston churchill, that makes sense and she was beside him on the balcony at buckingham palace.
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we must really hope that her successor, we know what king charles's views are but he must put those issues aside and rain above politics and he must be that uniting figure that his mother was who gained some respect to people of all political views. the monarch effectively is equivalent in america in britain to what the flag is in america. in america people respect the flag, they swear allegiance to the flag. that is the role of the monarch in britain. people in parliament swear allegiance to the queen, the court cases are in the name of the queen, soldiers in the armed forces promised to lay down their life not just for the nation but the queen. now the king. it is a role like an embodiment of the american flag.
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that must be something which unites people, something which all people in britain can unite around irrespective of politics. neil: beautifully said. a pleasure listening and watching. thank you very much. the flag to which douglas referred flying at half staff, to show the tightness and, roderick between our two countries. more after this.
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♪ i got into debt in college and, no matter how much i paid, it followed me everywhere. so i consolidated it into a low-rate personal loan from sofi. get a personal loan with no fees, low fixed rates, and borrow up to $100k. sofi. get your money right. neil: if you think of the big changes in britain, they have a new king and a new prime
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minister just days apart. prime minister liz truss has already met with king charles iii. this would be front page news all over the world, where she is trying to freeze energy prices at present levels, won't pay for that by taxing energy companies, this is analogous to what is happening in the european union where the approach is to tax energy companies but that is the backdrop for all of this. chief national correspondent on these probing developments. >> it is interesting timing, they are having a debate in brussels today but yesterday liz truss gets up there as the new prime minister and makes these remarks right before we found out the health of the queen had taken a turn and with the death of queen elizabeth almost no one is talking about this economic story that will get attention down the line. this bucket of intervening in markets, whether it is in brussels or the uk and some
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talk in the us, a lot of people in the last few days about maybe the president will tap the strategic petroleum reserve again and the issue is once you tap it, what happens after october because that program runs out and a friend in the oil markets thinks if they do it again it would be an act of desperation like giving drugs to an addict, that kind of thing in oil prices have come down so much, the back half of the chart in the mid 80s even though they are up today, welcomed at the gas pump but as we go through the fall, some analysts said we might keep low gas prices for a while and this fear when we get to december timingwise that the european sanctions on russian supplies take effect and some analysts are saying all bets are off and maybe the president does attach the strategic reserve and you
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are already at the lowest level since 1984. will we intervene in terms of not allowing the market to act the way it normally would? it is a different story in the uk but same affect and today's big debate in brussels is interesting because they might do more in europe in terms of caps or putting a cap on russian gas and that is a big issue in the market because russians can look at that and say we are walking away from some of these contracts and energy prices that are already high in europe can go higher because that is where the oil prices are with energy, as much of an issue as it is here it is a bigger issue there. neil: liz truss is under pressure from her conservatives, this is not what margaret thatcher purdue, this is a government support program, not what we voted for. >> or commentary when she worked her way through her campaign and makes a way to office and says i am a
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conservative, campaigned as a conservative and i will govern as a conservative but when your first move is to intervene in the markets, economically conservative us are looking at that saying that's not a conservative thing to do so we will see how she handles it going forward. to some extent out of the news right now but it helps her a little bit. neil: gives her a little bit of cover but the issue still remains the most unpopular thing right away, the prices stabilized if that happens, you don't do that and -- >> sometimes in markets there is a move that can be made in the short term that will have the intended effect, we will see how this one does but if prices come down and you get the public saying i don't care what the reason was, prices are down it helps you politically in the near term even with a theoretical economic discussion long-term this might not be the
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best idea and a lot of economists and analysts think history is a guide and say intervening in free markets doesn't work out in the long term but the hope for the new prime minister is in the short term this move helps in a crisis that has been developing and she was campaigning for this position and i'm sure that is the political bent so let's worry about the other stuff later. neil: i'm paraphrasing a remark, tired of theories on what works or doesn't work, it is no theory to say the british people are hurrying up. >> not the first politician to campaign one way or talk one way. when it is theoretical it is always easy. we've seen it here time and again us presidents, it is different when you sit in this chair, number 10 downing st. she is sitting in that chair to make the bigger calls. we will see what happens in brussels because the trend in
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the energy markets is let's intervene. maybe that is risky but in the short term they hope it keeps prices in check. we will see. neil: want to go to gary and that. speaking about this, i harken back to the days of richard nixon and his price controls, that didn't work out and it comes with the best of intentions, to put people out of their price misery but sometimes you are stalling and even worse problem. it will be playing out in the european union but a similar story. i wonder if it were to come here. >> it is bad news, prime minister is looking at a 2500 pounds for year. i was speaking to a friend of mine saying it would have been 7500, to 10,000 so. i think she is addressing the
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people. the problem is if the real cost is 5,000, or 7500, somebody eventually will eat that amount of money and guess who it is? the same people you're trying to save right now, it will be the taxpayer as you go into more and more debt. the big issues you have to address, russia situation and the fact that all the homes in the uk are pretty much natural gas when in europe not as bad because there's nuclear they are, electricity and this, long-term address going forward. and people are suffering over there, small business also. neil: she is dancing a tight rope. they will help people, avoiding
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the profit tax, that europeans want and energy companies, she is talking favorite conservative push for more oil and gas, trying to balance that, maybe this tragedy with the queen gives political cover to keep this going but what do you think this is? >> of course. with oil prices and fingers crossed, as i have been saying time and again, oil prices down good, oil prices are bad, we had a good drop and let's hope that continues. the problem, if you don't address the long-term of supplier, i think eventually there will be a problem again
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going forward and this administration has no agenda on production, they will go after the reserves but that is a finite amount going very short at this time, almost near a record low. the most important commodity here and around the globe and if it spikes higher, the cost of everything, kills the economies and must be watched and addressed on a daily basis. >> anything europe and england has, natural gas, oil prices still at or around january lows. what is driving the markets today? the third day in a row, intrigued to see we could be interrupted three down weeks in a row. >> the reason is 3 down weeks
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in a row and 14 trading days, the dow, the s&p was down 10%, nasdaq 12% so somewhere along the line you get relief but there is usually because and effect and oil prices broke a 7-month low on wednesday and that is when the market stopped going down. that is big time stuff. interest rates have stopped going up. let's hope they come down. if we start heading in at 4%, i am not sure this is going to be a move to the upside but no doubt this is a move out of weakness and hope it continues. neil: i want your thoughts on the federal reserve hikes interest rates again from district president to fed governors to the chairman himself and certainly seem to be preparing us for another 3-quarter point rate hike, another one after that. where are you going? >> i'm one hundred% certain they are telegraphing that.
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anytime someone says they are not arguing we will get 3 quarters of the point as they play catch up with the world, they are a point below the real world, where mortgages attached, how important that is so i suspect there is going to be a little more after that but if oil prices stay down, commodities stay down and we get some decent numbers on inflation, we are hearing a little bit of talk out of them about maybe if this comes in good, we can maybe slow down. i think they are looking at it. the next couple inflation reports are going to be good but i watch oil prices. if they stay down that is a huge help to markets and gives them a lot of cover to slow down what they are doing. if they get crazy and go too far, there' s going to be big trouble and that is my worry because they went too far with the money printing which i'm worried about saving a legacy. if they start heading toward five fund rates.
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you see the s&p is down 30 to 50. let's hope they don't get their. neil: closing in on it. always good seeing you. thank you very much as we take a break, we are up 389 point it is turning around what had been week after week of losses, 12% of the crown making up for that now. another 21/2 hours.
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a new social contract is written down in your constitution. as rests on custom and will. the spirit behind both is precisely the same. it is the spirit of democracy. >> forgiveness lies at the heart of the christian faith. it can heal broken families. it can restore friendships, and it can reconcile divided communities. neil: the world looks back at queen elizabeth's remarkable 70 years in power, no one in modern times has served longer or remained remarkably above the fray assumes andy to live so many great potential leaders who do not court the same public favor. that is not the case with queen elizabeth anderson, king charles iii but we are learning about the magnitude not only
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for the upcoming day of recognition and saying goodbye, but now the president of the united states does plan to attend her funeral and when the president of the united states goes to such an event world leaders similarly follow. edward lawrence with more. >> the president just confirmed as he boarded air force one when he came from ohio to the white house, he said he is going -- details are being arranged as we speak in the background. not the last time president biden met the queen, june 2021, when he went and visited the united kingdom, the president taking a moment last night, you seem visiting on the last visit, the president taking a moment last night to stop by the british embassy, offering his condolences and sign the book on this, than the 13th president to meet queen
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elizabeth offered his thoughts. >> president biden: i had the opportunity to meet her before she passed, she was an incredible gracious and decent woman, thoughts and prayers of the american people are with the people of the united kingdom and the commonwealth. >> queen elizabeth ii's rain covered 14 us presidents, lyndon johnson never had a chance to meet here. the flags are made at half staff, the president's comments come as a flood of world leaders remember queen elizabeth ii. >> i'm having trouble believing my last sit down with her was my last. i so miss those chats. >> reporter: details are being set up for the president to go to the funeral of the queen, he doesn't have to have the exact details at the moment. we know the queen loved horses, she loved horse racing but there's a connection to millions of american men particularly around the united states in that the duke of
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windsor was her uncle, king edward viii, he advocated the throne, he created or is credited with creating the windsor not that millions of americans still use. stuart: now that i know it is edward lawrence's, fashion faux pas no more. it is perfect. and again, for the british, the issue, where do we go from here, an important first step, barely 24 hours after the death of his mother, having trouble enough consoling himself and his family, he tries to console the country and did a very good job of that, after this. ♪
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at 1-800-217-3217. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. neil: the first of many services to honor the late queen elizabeth ii, a very big -- or by return to buckingham
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palace, addressing the nation for the first time, as king charles the third. ashley webster had a chance to look at this and talk to people about it and the impact of that speech, what did you think? ashley: i thought it was very good, the tone was well, it was very heartfelt of course, touched all the bases if you like but the overall message was continuity and stability, the fact that he was going to continue on the legacy of his mother. take a listen to this. >> has the queen herself did with such unswerving devotion i too now solemnly pledge myself throughout the remaining time god grants me to uphold the constitutional principles at the heart of our nation. i shall endeavor to serve you with loyalty, respect and love as i have throughout my life.
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ashley: one thing it is clear, observers have said this for some time, he's going to have to change his ways as monarch, the people do not want a campaigning monarch. just found donald comment from then prince charles when he was asked about this, four years ago in a bbc interview, he says i'm not that stupid, i realize it a separate exercise being the sovereign. the country he inherits is so much different to the one his mother inherited, it is multifaith, multicultural and his push will be as a unifying force. one of the best discussions with charles i ever read is that of a red cheek a landowner who just stepped down from an 18th-century painting, it is perfect but at the same time you can come across somewhat as an angry and frustrated reformer so there is respect for tradition but also a desire for progress and as monarch i
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think as his mother didn't as you said earlier rise above the fray and provide continuity and stability and i thought the speech was excellent. neil: i agree, thank you very much. the monarch also is the face of the british military, maybe not what it was but very important and influential, if you consider the role it played for margaret thatcher in bringing us along, fight against terrorism and elsewhere. jennifer griffin has that from the pentagon. >> reporter: or 70 year reign began in 1952 when harry truman was president of the united states, she was a portrait of stoicism, resilience and still he, during her reign queen elizabeth served as the currently chief of 16 british army regiments and core. she was the first female in the royal family to serving active-duty and the british
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armed forces, the last surviving head of state to have served during world war ii, she learned to repair faulty engines during her wartime service. september 13, 1940, five bombs were dropped by german warplanes on buckingham palace, queen elizabeth's father king george vi and her mother remained at buckingham palace to show solidarity to those living through the blitz. elizabeth was 13 years old when war broke out on september 3rd, 1939, she and her sister like 2 million other british children, sent to live in the countryside to protect them in the air raids. during her life she experienced upheaval in europe, the end of the cold war and a changed global national security environment, the nature of war changed during her reign but the threat to stability remains constant. two years ago she visited the headquarters of mri 5 to thank britain's buys, september 13th,
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2000, one, 24 hours after 9/11, queen elizabeth ordered the us national anthem to be played at the changing of the guard outside buckingham palace. nothing like that had occurred in 600 years. queen elizabeth oversaw the british military for several decades. her last trip outside britain was to germany in 2014, she grew up during world war ii and died as europe faces the possibility of another war threatening to expand across the continent as vladimir putin seeks to change the map of europe. neil: i am curious, we talk about declining empires, still a very influential empire to put it mildly and british and american leaders have always had a tight relationship. do you expect that to continue? >> reporter: it is notable president biden is going to the funeral, the special relationship between britain and the united states is going to be at the center of that visit.
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the new prime minister liz -- gaetz one has complained a special relationship hasn't been so special of late. there's a little bit of repair work to be done after the boris johnson period of time but the thing the us and uk are united on is the war in ukraine, the support for president zelenskyy and liz truss, the prime minister, has expressed her interest in continuing that and no doubt president biden will reiterate that when he is there. neil: liz truss has indicated she wants to visit and eager to follow up. we will have more after this. (vo) while you may not be a pediatric surgeon volunteering your topiary talents at a children's hospital — your life is just as unique. your raymond james financial advisor gets to know you, your passions, and the way you give back.
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this... is the planning effect. this is how it feels to have a dedicated fidelity advisor looking at your full financial picture. this is what it's like to have a comprehensive wealth plan with tax-smart investing strategies designed to help you keep more of what you earn. and set aside more for things like healthcare,
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or whatever comes down the road. this is "the planning effect" from fidelity. neil: all right. almost to the top of the hour. my friend charles payne, the dow up about 384 points right now, all major averages are up are reversing what had been a steady decline for three straight weeks. charles. hey, buddy. charles: hey, neil. thank you very much, my friend. i'm charles payne, this is "making money." breaking right now, the entire world remembering the legacy of queen elizabeth ii. she was the longest serving monarch in british history, but she captivated the world with her dignity and strength. moments ago king charles iii giving his first public address, praising the queen's devotion. >> throughout her life, her majesty the queen, my beloved mother, was an inspiration and example to me and to all my family.
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