tv Cavuto Coast to Coast FOX Business October 3, 2022 12:00pm-1:00pm EDT
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got 27 seconds left. that was pretty good. filling it out rather nicely with carharts and king charles. a look at the market, you'll like it. dow is up 585 points. that's better than 2%. nasdaq is up 136, 1.25 the %. s&p up nearly 2% -- lawp lauren because the economy is slowing. stuart: it's the carhart rally, baby. [laughter] time's up, we made it. lauren: oh, thank goodness. stuart: and look who's here, cheryl. lauren: are you wearing jeans? cheryl: no, i am not. i put in a whole dress can today and heels. stuart: whoa! cheryl: happy monday, everybody. but i'm not neil cavuto. he never wears heels or dresses. does he wear jeans on set? i don't know. welcome, everybody, to "cavuto coast to coast." i'm in for neil cavuto today. stocks are starting october in the green after a spooky september. we are going to stay on top of all the market moves over the next few hours for you as echoes
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of 2007 in the global economy. plus, rescuers continue the grantic search for people in need of -- frantic search for people many need of help following hurricane ian. jack brewer just back from one of his time on the ground in one of the hardest hit areas. that is coming up. we're also going to hear from country music artist jay allen who was supposed to star kelly morgan at fort myers beach this weekend. what the couple is doing to help those impacted by the storm as they make new plans to tie the knot. we also have florida attorney general ashley moody on governor desantis' message to looters and guardian angels' founder curtis shree what with on his message to politicses -- politicians going soft on climb control. -- crime. but first, a new worry for the global economy as we start the week. oil prices climbing as opec+ considers limiting output to 1 million barrels per day. what will that do to prices?
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fox business correspondent kelly o'grady joins me now in los angeles, and we're -- >> reporter: always good to see you, cheryl. it's simple, right? you reduce supply, and oil prices are going to rise as we head into what seems to be a very long winter. we had a brief reprieve on fears of a recession and pleat our strategic poll -- petroleum reserves, but the tide could be turning. now, we're hearing that it's going to be roughly a million barrels per day. that would be a historic cut. and unsurprisingly, oil prices are soaring on news, up about 4%, as energy analysts predict we could reach $100 a barrel again. and is keep in mind this reduction would be in addition in addition to ending the release of another million barrels per day from the spr. to so together you're looking at roughly 2 million which would likely race any short-term gains in prices at the pump.
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out here in california, we are already dealing with supply issues. i mean, look at that, over $2.50 above the national average. we hit a record in los angeles overnight, and that price is 6 cents off the record high. governor newsom is continuing to play the blame game though, he's now calling for a windfall profits tax on oil companies. >> their record profits are coming at your expense, and that's why today i'm calling for a windfall tax to insure these profits go directly back to help millions of californians who are paying for this oil company extortion. >> reporter: so blame game or not, concern is brewing, right? prices rising, you've got reserves at their lowest point since 1985. reserves, by the way, which are supposed to be used for emergencies like hurricane ian. so, cheryl, we are at a turning point. and what happens with opec+ could certainly reignite this energy crisis going into the midterms. cheryl: and if gas prices go
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higher, that means that headline cpi number goes higher, and that means that inflation is, right before the midterms, going to once again be a top story. it already is. kelly o'grady, thank you very much for that live report from california are. well, markets way up today, but all three major u.s. stock indexes heading toward their worst annual performance since 2008. investors and analysts are beginning to warn of ominous parallels between now and the leadup to the financial crisis. fox business chief national correspondent connell mcshane is here to break it all down for us. >> reporter: hey there, cheryl. the financial crisis, kind of our reference point for better or worse. we all remember it so vividly. so it becomes kind of this natural point of comparison when there are jitters in the market. and i think especially so when government intervention's part of story or maybe when people spend part of their weekend worrying about the health of a bank. and that's kind of part of the story told. let's look at credit suisse. you see the stock price, it's
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actually higher today. it was down early this morning, especially in europe, but now it's up a few cents. ing still really down a lot this year, and the bonds are still an issue. the word is that officials were on the phone all weekend long with investors and clients this weekend trying to calm people down because the spreads were winding on their credit default swaps, another flashback term there, and the worry seems to be maybe credit suisse would struggle to raise shares to pay for a restructuring. so far today the ceo's come out and kind of tried to reassure people saying they have plenty of liquidity, $100 billion capital buffer and the like. we'll see where that story goes, but there are some comparisons being drawn by some. then there's the u.k. liz truss and her government over there now backtracking on the tax cuts for the highest earners, which, by the way, appears to be mostly a symbolic move. 2 billion pounds out of a 45 billion pound tax cut package.
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so it's not a huge backtrack, but it comes after the negative market reaction to when this package was first introduced which, again, draws some comparisons -- the reaction market wise was for the pound to edge higher against the dollar. now, the market, stock market overall, you mentioned the rally today, nice bounceback. overdue, probably. i will say there's no real comparison just yet between now and then. the s&p 500 54% over a 17-month stretch back in the crisis days. we did look back 17 months just to give you an idea from friday, down 14%. so again, some perspective when you hear larry summers and others start to bring up 2007, 2008, cheryl. the a parallels, but not quite the level of panic, certainly, that we were in back then. cheryl: right, right. you had a banking crisis as in lehman brothers and morgan stanley and goldman and, you
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know, the collapse of lehman. that's not now, i think, is a very good point that you're making. >> reporter: right. just the question if this is the start offing? , but certainly you're right -- cheryl: well, we finally have confirmation we're in a version. thank you, government officials, for that one. connell mcshane, thank you very much. at least we can say we're officially in a recession in this country. well, the economic uncertainty in europe could be a sign of more volatility here at home. joining me now, kings view asset management cio and fox news contributor or scott martin and nicholas wealth management ceo david nicholas. it's great to have you both here. scott, your initial read on markets today. few quarter, new month, final quarter of the year. >> new frontier maybe, cheryl. i mean, honestly, i think this market is due for a nice bounce. i like how you and connell set it up. my goodness, is connell so good at his reporting. he's laughing, i'm sure, at me and with me in the sense of this is getting laughable in the
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sense of how the markets and bearishness is completely going wild. and your setup is perfect about relating it to '08, relating it to all fear and anxiety in the banking system for something to to come. do people forget what happened after '08? yes, or we had to get through it. there were some terrible things, bank failures, homes repossessed. but my goodness, after we got true the storm, we got to a much better place for the markets and the economy, and i think this is no different. we've talked about how when the markets go down like this, cheryl, as they had a terrible september as you noted, the expectation for a future return in the stock market, s&p, dow, nasdaq, go up. so instead of people selling as they went me to do for them as an investment adviser, we're trying to get people to leg in here because of the fact that i think things get a lot brighter going forward. cheryl cheryl david, those of us that have been through multiple cycles in the market, i can personally tell you i've within in this market for about to
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years -- 30 years myself, markets go up, they go down. that is the way that it works. having said that, one piece of good news could balance this market out, you know? today not withstanding, but one piece of strong good news could really change trajectory. and if you're bailing out on the markets as scott's clients are are trying to do here, you're missing that a bounce-up. >> you know, it's such a good point. just to add to that fact, it also depends on where you're at in the life cycle. if you're someone that's approaching retirement, this is it. what you have is all you've got to last you through the rest of your life. it's a little scary. it's easy for us to say don't worry are about it, even though that's the right advice, but it's understanding really this is all some americans have, and it's a scary time. scott is right, cheryl, you're right as well. as humans, we have this thing where we just assume what's happened recently will continue, and that's never the case. and we always say you want to be buying when it feels like the world is falling apart. and if you're someone that's
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selling today, when are you going to get back in, when the market's higher? are you really going to get back in when the world is worse than it is today? if most people can't do that, so i agree. we want to stay invested. but we may want to to own companies that pay us dividends. so we're big believers right now, let's own stocks that pay us to own them, and we'll get back to growth at another time. now's the time to be paid to own equities. cheryl: high-yield dave end payers, scott, a group that's been talked about. also a look at some of the sectors that are the most beaten down. financials seem to be coming back a little bit. look at consumer staples, health care. i mean, there are sectors in market that are need-based. maybe not consumer discretionary, but there are groups that you can probably invest in now and feel good about. >> yeah. i like the dave can tend play. i think it's getting a little crowded. it kind of reminds me of the energy calls a lot of people were making back in june.
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energy has been crushed over the last three months, and that seemed like the easy trade. we to have some dividend plays, but i'm thinking more towards growth area stuff that's been depressed. it's a psychology game now. and we talked about this jeans thing at the end of stuart's show and the lead-in to yours, cheryl. are we going to buy those jeans, whatever price you want to pay for the carharts or, in my case, bugle boy jeans, i don't know if those are still around anymore, you want to buy them when their $100 or $50? i'm buying them on sale. cheryl: yeah. we're seeing a change in spending. real quick, david, to you, we're seeing a change in consumer spending because when we got that data at end of the week from the federal government that basically told us that spending had increased, but people were spending on health care, they were spending on items that they needed, they were spending on food, on gasoline. this wasn't people going out and saying i want to why a new -- buy a new pair of jeans.
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this was people saying i've got to pay higher prices for the things i need to live. that's the difference between consumer discretionary and what they need to survive. >> that's right. i mean, when fuel and food takes up more than 50% of your household budget, that's tough. and if you're a young family, say that you're raising kids, it's even tougher. so, yeah, we're seeing an impact many earnings. again, i have a rosary outlook, but we still have to think about the downgrades that are probably coming in dern earn -- earnings as consumers are changing their spending habits. maybe we're not going to buy that $2,000 new apple product because now our groceries are twice as much as they were just two months ago. i think we're going to see some of those downgrades happen in earnings which is why i still tilt towards value. i don't think the tech play is there just yet with. cheryl: sure. no, no, it was reported on friday by "the wall street journal" that apple has told suppliers, cut back. they're not going to be pollution as many as iphones as planned, about 6 million
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units, because the demand isn't there for the new iphone 14. that is exactly your point, david, and the data and the company backs you up on that. scott, david, thank you very much, appreciate it. we've got a lot more coming up, folks. hurricane ian leaving parts of florida's west coast in shambles, completely cutting off sanibel island from the mainland. we're going to talk to one resident and realtor about what is next for that community. that is coming up next. ♪ ♪ ♪
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well, then you should find a hand specialist certified to offer nonsurgical treatments. what's the next step? visit findahandspecialist.com today to get started. ♪ cheryl: millions across the southeast assessing damage done by hurricane ian with at least 6 a 5 people reported dead -- 65 -- and many still without power and basic necessities. fox news correspondent phil keating is on the ground if fort myers, florida. phil. >> reporter: hey, cheryl. we are in day five after category four hurricane ian ravaged this area and slowly things are improving in people's lives. this is a spot whering you can get water as well as boxes of mres, those are meals ready to eat, and you can also grab bags of ice.
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aside from -- this is just set up from the florida national guard. but as days go on, more gas stations are being opened up again, grocery stores as well, and pharmacies are working hard on it. over the weekend, particularly friday and saturday, the lines were extremely long in these places. tens of thousands of floridians have benefited from all of the doe e nateed food and waters from the national guard as well as charity organizes like the united way. national guardsmen and women tell me they are just happy to help these people who, clearly, have dwindling pre-hurricane supplies at their house or home and if they're staying with friends, well, they're getting additional things to be less of a problem. and the people that receive all of this stuff are extremely thankful. >> we're getting what we need to survive. but, you know, just -- these guys are awesome. they help so much. >> i am so incredibly gracious.
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i come every single day. but yesterday we had no ice here, and i'm so happy to be able to give my 90-year-old parents ice. >> reporter: yeah. she and her parents still, no electricity. fox news flew sunday over the worst of the destruction can on the devastated barrier islands off fort myers beach, sanibel and pine island. those islands no longer have bridge access for residents although this point the city manager in sanibel estimates the number of residents still remaining there, probably under 100. also a new temporary bridge connecting the mainland to pine island is starting construction today. the governor said yesterday he hopes to rush it and be ready for a full week because as of now pine island, you can only get in and out by boat or helicopter, and that's causing a drain for everybody as well. now, the line here is much
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smaller. you just saw a couple of cars go through. that's probably a positive sign that the need is lessening among the local community. but as far as electricity which, basically, is one of the top priorities for everybody, get a return of power, initially it was 95% no power. here in lee and charlotte counties now those numbers are about 55%. 40,000 utility crews and bucket trucks working around clock to try to make that happen. and this morning the state department of emergency management director said he predicts by sunday night basically everybody who can still get power at their house or apartment will get electricity back. clearly, the most devastated islands, they had the whole infrastructure destroyed taxer that's going to be a long time even if they want to return to the rubble that's left behind. cheryl: yeah, yeah. and if they can get there, which
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is a problem, to your point about those bridges being down. phil keating live in fort myers, thank you very much. he mentioned this, saning bell island, getting nearly wiped out, leaving the community unreachable by car. our next guest has a home on sanibel island that he has not been to yet. southwest florida specialist homes for sale realtor anthony debianchi is with me now. tony, it's great to have you. we spoke on friday, that you had only seen air yale -- aerial pictures of the island itself. how was the weekendsome were you able to get more information about the condition of your home? >> yes. hey there, cheryl. yeah, we're getting, as days go on, more and more information. friends that actually stayed on the island have sent me pictures, some of, actually, my street and my home. they're pretty consistent with what we've been seeing on the news and with the aerials. when we first saw the aerials, to be honest with you, it was
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surprising to to me how many of the single-family homes, the damage from above, roof damage, was not what you would have expected. i mean, we had a high category four storm direct hit us for at least six hours, and that was probably the real killer. it just sat there for a long time just pummeling the island. storm surge was high, and i'm actually pleasantly surprised. i know there are people that had significant damage, but in the big picture we did okay. cheryl: you've mentioned this that your contact with people that stayed on island through the storm, but they're cut off. that's the one question, how are they going to get on or off the island? i'm assuming it's going to have to be by boat. number two, there's no power on sanibel, correct? >> right. it's rough conditions right now. there's no power, there's no fresh water. the water system has been shut down for safety reasons.
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the good news is in the last city press conference yesterday some of the substations are already reporting fine, the water system seems to be fine, they're starting to open that up to different sections of the island. but, yes, people that stayed, you know, originally, you know, i was thinking what were they thinking. but, you know, people have various reasons that they didn't leave or couldn't leave. the storm snuck up on us. i mean, it wasn't -- it still wasn't a reason not to leave, but many of us saw this storm passing. and to be honest with you, i've told a lot of friends and family, i could have been talked into staying. i've been through this many times, a resident 25 years on island. a lot of false alarms, and you get tire of packing up your belongings and your pets and your valuables and leaving and then there's nothing. but you don't complain about that. i can see how some people didn't leave. but you're right, it's rough
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conditions. and to be honest with you, some people that are there don't want to leave. i know that sounds crazy, but if they have must have water, they have food and if the rescue people are checking on them on a daily basis, some of them don't know where they would go anyway. so at least they're there, they can protect their home if there was some water damage, they can minimize it now which is becoming an issue for the residents that haven't been able to get back yet with. we probably all have some wet things in our home that need to be removed real soon. cheryl: well, you know, anthony, as you to know, my heart is with sanibel island. we visited there season two of "american dream home" on fox business. i'm so grateful to know that the house, all the homes that we showed are still there, and we hope there are many good stories coming out of sanibel island as we continue to pray for everybody there. and just we're so grateful that, again, i just want to give a shout-out to leasts saw and pete if you're watching, we loved working with you here at fox
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business and big hugs to you and your family out there. >> [inaudible] cheryl: yeah. [laughter] i know i told you to tell them hole low, but i'm going to give the national television shout-out. anthony, good luck to you and your family as well. all right. well, we've got a lot more coming up. tesla is looking for its next big product. meet loan musk's humanoid robot. that's after the break. ♪ ♪ what should the future deliver? (music) progress... (music) ...innovation... (music) ...discovery? or simply stability... ...security... ...protection?
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i know there's conflicting information about dupuytren's contracture. i thought i couldn't get treatment yet? well, people may think that their contracture has to be severe to be treated, but it doesn't. if you can't lay your hand flat on the table, talk to a hand specialist. but what if i don't want surgery? well, then you should find a hand specialist certified to offer nonsurgical treatments. what's the next step? visit findahandspecialist.com today to get started.
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cheryl: the world's richest man, elon musk, showing off tesla's new humanoid robot prototype at the company's artificial intelligence event. the ceo vowing the bot will cost less than a car, especially his cars. fox business' lauren simonetti here with all of the latest now. lauren: i know. i was, like, which car does it cost less than? let's say $20,000 in the next 3-5 years. this is elon musk time, right? [laughter] so everyone's doubtful it's going to happen in 3-5 years. he doesn't have a very good track record. just think of the model s, right? he promised that at $35,000, the average, $46,000. but let's go back to opt miss for a second. i mean, come on, that's kind of cool. that would be my new best friend at home -- cheryl: i get friends, but -- lauren: fold the laundry, put it away. do you think optimus could 'em i the dishwasher? it certainly can't flip like
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boston dynamics robots can, and that's where he's been slammed for being behind the competition. end of the decade you could have optimus in your house. meanwhile, space women x and -- spacex is delivering 120 starlink satellites to southwest florida to keep residents online and connected after hurricane ian. he's donating uni, they have a 13-mile service radius and could support more than 1,000 internet users simultaneously. take a look at tesla shares. record deliveries in the third quarter, so why is the stock down sharply? 343,000 cars delivered, not enough. and look at that, it's down 8.5%. this is leading decliners in a day where most spocks are higher. analysts -- stocks are higher. analysts are saying tesla has to produce a little less than 500,000 vehicles in this fourth quarter to meet their 1.4 million end of year production
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target. dan ives was on "varney" earlier today, and he was, like, look, this is not a production problem for tesla, it's a delivery problem. when you think of supply chain, you think of, oh, ford, hay can't get name plate on -- name plate on the vehicle, and they're not finished. for tesla it's literally they don't have the trucks to move the cars or the ships to move them. so it's completely logistics. cheryl: yeah. because i remember during covid musk is one of the people that did not want to shut his plants down. i think he did kind of kicking and screaming at the end of the day, the one out in california, because he said, no, we've got to keep going. production targets, you have to put them out there. what's interesting about that humanoid robot is here you got a guy who doesn't do his due diligence on buying twitter, but then he has these satellites that are saving ukraine. lauren: yep. cheryl: you know, that are going to help people in florida that are cut off from the internet. and then he's got cars that,
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they're kind of cool -- lauren: very cool. a little pricey. he kept shang i high -- shanghai up and running with all those -- cheryl: with the robot thing, i haven't seen the cyber truck yet, so we're sill waiting on that one. lauren: yes. elon musk time. cheryl: i'm wondering when the robot shows up. lauren: and the price tag of it. or promised price tag and then what it eventually is. i'm not going to lie, $20,000, i'm sorry, i can't do that. but if you can get that down a little bit -- it's scary though because he complains about the birthrate is low, not having enough humans in the future to work and to keep the factories and offices running, they're going to be replaced by robots. cheryl: no, we're not -- [laughter] lauren: robots have no wrinkles, cheryl, and they have beautiful hair all the time. cheryl: robots didn't go through the financial crisis like we did. lauren: that's true. perspective.
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[laughter] cheryl: lauren simonetti, thank you very much. have you heard this one, kim kardashian in hot water with the sec for failing to discan close a payment after posting about emax tokens on her instagram fee. she's agreed to pay $1.26 million and has agreed to not promote cryptosecurities for three years because, obviously, scott and david, scott martin, first, to you with, i completely bo to kim kardashian for my financial guidance. >> you too, huh? hey, kim. well, last time i checked though, cheryl, kim is not an investment adviser, to your point, and that was kind of understood, i think, when some of these comments were made. there's other actors like mattday mornings hello, and i'm guessing they're probably calling their attorneys now to wait for the charges for them. besides kim kardashian's great advice to women earlier this
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year about working and getting off something to actually work, you have to take what kim and some of these guys and gals in hollywood say just at face value and just leave it at that. and it goes to show you this is a psychology thing. when everybody's all in on something, when things can't be -- or things are a can't miss and can't be better, that's probably a time to run. and kim kardashian getting in on this stuff and promoting it was a perfect example of such. cheryl: david? >> yeah. i mean, there's a lot of these pump and dump schemes. etherium max, that was a completely unknown coin, and then kim cardin dash january -- kardashian promotes it, it surges and then loses 99% of its value. i went back and looked at the original post, she was, like, hey, you guys into cryptosome like she was selling ca knollnies. -- cannolis or something. you're getting your advice from kim kardashian, seems like a nice girl, but, yeah, you
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probably deserved to lose that money. we probably all should have known that was the top for the market when the kardashians are promoting cryptos or securities. we should have sold everything because that was it. and, unfortunately, we've seen a pretty volatile market sin then. cheryl: i can't believe her agents and lawyers let this go lu because that actual instagram post, she put up web site to click on. she's got over 300 million followers. to click on to go to the web site to buy crypto. so, i mean, the fact that this even happened in the first place is kind of sad, and i think she needs to find some new representation. scott, david, thank you very much. >> i'm available, by way. [laughter] cheryl: yeah, there will you go. scott martin, appreciate it. good to know. all right, coming up, a long road to recovery ahead for florida as the scope of hurricane ian's devastation becomes more clear. coming up next, former nfl star jack brewer puts his skills to the test as he helps with the
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cleanup. watch. >> we need to give them some help. there are people here that a really immediate help whether it's tents, we just found a family with four kids, little babies, sleeping outside in the mud. it smells like sewage, so these are the same conditions that i see when i go to haiti and parts of africa and other places when we do relief work. it's no different here, and we need to realize that, and we need to do something about it. ♪ ♪ go. go green. go wind turbines.
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- call the number on your screen. - look, why don't you call aag and find out what a reverse mortgage can mean for you? - [announcer] call aag, the country's number one reverse mortgage lender. - call the number on your screen. cheryl: the devastation from hurricane ian's wrath is so widespread that expert forecast it could be the most destructive and costliest storm in u.s. history. in a new survey of naples and punta gorda showing less than 41% of homeowners have flood insurance leaving residents out in the cold. gerri willis has the story. the big question obviously now is, are taxpayers going to have to bail them out? >> reporter: don't we always? that seems to be our job. as damage assessments are
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underway, vice president kamala harris says that insurance payouts from the federal government should first go to communities of color. listen. >> we've to address this -- we have to address this in a way that is about giving resources based on equity. >> reporter: now, one fema administrator says the agency will support everybody following the remarks, ask we reached out directly to fema. they have not gotten back to us yet. meanwhile, harris' comments are drawing criticism from lots of folks. here's florida governor ron desantis' rapid response director tweeting this: the vice president's rhetoric is causing undue panekic and must be -- panic and must be clarified. fema assistance is already available to all residents regardless of race or background. now, some unlikely sources -- [laughter] also weighing many here like elon musk who said resource allocation should be according to, quote, greatest need, not
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race. how the money gets doled out will be critical as ian will likely spur biggest payout on record by fema under its national insurance flood plan. the federal government's flood insurance, that's the only program really that's available. now to date, fema has paid out more than $10 billion on just three separate occasions, katrina, superstorm sandy and harvey back in 2017. one new estimate pegs the damage caused by ian at $57 billion. that's according to a modeling firm. en meanwhile, fema's exposure is $85 billion in those four counties, that's how much risk they've underwritten. unfortunately, florida residents have been reducing their coverage over time with just 15.4 president of homeowners cover by a flood insurance policy. one big question left unanswered, are harris' comments, is it legal for the federal government to direct aid to communities of color first, or do they have to serve
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everyone at the same time? cheryl: it's it's inhumane, is what it is. people that need -- everyone e needs help. you help everyone. you don't, you don't segregate that. that's ridiculous. >> reporter: well, she's taking a lot of criticism today on these comments, for sure. cheryl: well, she needs to go to the border. she has the border czar title, apparently, still. gerri willis, thank you very much. totally different topic. well, former nfl player jack brewer has been on the ground in florida helping in the recovery effort, and he joins me now. jack, it's so good to have you back. >> good to see you, cheryl. cheryl: you were in arcadia, about 50 miles inland from the coast, and they thought they were okay, and then the river crested. and that's when it got really disaster rouse there, correct? >> that's right. it got bad, yeah. i just got back about 6 a.m. this morning, a long night of relief work. but these folks were in shock. i mean, can you imagine having a
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hurricane and hiking you're through it, and then -- thinking you're through it, and hen a day later literally being submerged underwater. i took a tour with governor desantis yesterday, and i have to tell you, i've never seen such e devastation. we were literally on a boat over highways with cars we shouldn't see -- couldn't see, roofs of houses and trailers just as you see on your screen just all spread out across the water. and so this happened fast x. if a lot of people, one, chose to stay, and those that wanted to leave didn't even have the fuel or access to the fuel to be able to get out in time. so this is, this was an act of god, and we can't question, you know, this decision or that decision. the main thing is trying to help these good folks of florida recover because this one hurt. cheryl: you have compared to the time that you spent in haiti after the devastating earthquake. talk about that. >> it's a lot of similarities,
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you know? whenever you have these type of natural disasters, obviously, clean water becomes an issue. but the days following, you know, when the temperatures are still high and those water-borne diseases start. it's just that smell, you know? it's the sanitation that becomes a problem. you don't have electricity to be able to pump water out. many of the communities that i was able to go in and find are on water wells. they don't even have the traditional community water sources. and so you can just imagine with the stewage -- sewage overruns, you have babies and kids out there that you're trying to clean up, you have no electricity, the power grids are shut down and half of your communities are still underwater. it's a real crisis, and i think it's one that's widespread and really requires the church and the communities to start to give back and start to be more hands on. we can't just depend on government to help in such a widespread crisis that we're seeing right now. and so i think it's a call for
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all floridians. i mow i live on the other side of florida, and i've got to be honest with you, i wish there were more people driving across the state coming to help our good folks in need. cheryl: i was going to ask you, what can people do to help? i mean, this was a very wide swath. hurricane was, i mean, it was a deadly hurricane as we've reported already, but also was a very destructive hurricane. we've talked about cost, we've talked about rebuilding, trying to get the lights back on, gasoline. if anybody's watching and wants to do something, what can they do? >> they can help organizations like mine, the jack brewer foundation. we are on the ground. we actually just helped deliver one of the first, over 9,000 gallons of gasoline to a community called arcadia, spots where people just don't go and haven't gotten yet. you know, governor desantis has 42,000 linemen deployed trying to get this power back on, but it's time to everything. so organizations, small, nimble
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organizations like ours that are actually delivering the food, delivering the clean water, bringing, you know, the gasoline and resources into the pockets that you don't see on tv traditionally, that's what needs to happen right now. and so i'd just encourage everyone to stay in prayer because right now god's talking to this nation, and i think we can all to a little bit more. but stay in prayer and support the small organizations as well. cheryl. cheryl: well, we here at fox donated to the red cross. our company believed that we could do the best work on our behalf through the american red cross. jack brewer, thank you very much. of it's great to have you here. >> god bless you. thank you so much, cheryl. cheryl: good to see you, jack. all right. well, a country music star's wedding on hold after hurricane ian damaged their fort myers beach venue. he's going to join us coming up. what they're doing to help. >> obviously, we were supposed to get married this weekend, but that is the least of our
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concerns. we are heart broken for everyone that's losing their homes and their businesses right now. we can reschedule our wedding. we basically just wanted to let all of our guests know we're going to find another date in the future, but please have everyone down, especially in fort myers beach, have them on your hearts and minds today. ♪ 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. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ♪ what will you do? ♪ what will you change? ♪ will you make something better?
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>> i'm casey stegall, and we are live in texas following the gubernatorial race because the two candidates vying for governor of this state square off friday night in their first and only debate ahead of those midterm elections. it was down in south texas, quite fitting considering much of the discussion was focused on immigration. governor greg abbott, the republican incumbent, defended his actions including the busing of migrants while his democratic opponent, former congressman and presidential candidate beto o'rourke, called it something else altogether. >> this hateful rhetoric, this treating human beings as political pawns, talking about -- >> okay, we're going to, we're going to move on -- >> -- defending themselves. >> -- number of migrants that border patrol had dumped into their tiny little communities. they needed relief, and busing
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was one of the ways. >> reporter: they also hit on other big topics that voters or have identified as top priorities or concerns this election cycle. we're talking inpolice station, crime, gun control and abortion. a recent quinnipiac poll shows governor abbott with a 7-point lead. political analysts largely attribute that to his zero tolerance approach at the border, winning over the state's conservative base by stepping up and taking control in the federal government's absence. while beto o'rourke, meantime, is counting on younger, more liberal voters to bring home the win. his popularity grew in the polls following the uvalde school shooting when he called for stricter gun laws and more transparency. the overturning of roe v. wade also gave him a boost of new supporters. right now there are more than 17.1 million registered voters in the lone star state. you compare that to 15.2 million just four years ago. cheryl? cheryl: all right. casey stegall, thank you for that live report, casey,
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appreciate it. now to another candidate deep in campaign mode with just over a month until the midterms. new jersey republican congressman jeff van drew. congressman, it's always good to speak with you. what's to your biggest takeaway from casey's report? >> the biggest takeaway is that governor abbott's going to win. the biggest take is that governor abbott is right on point. in other words, you know, it's wonderful for these people in elitist areas, wealthy areas to say that these small towns just have to take in tons, thousands, millions of undocumented, illegal individuals, but that, boy, we sure won't have them in our community even though they say they're sanctuary areas. that's my takeaway. my takeaway is that we have a ton to do to make this border issue better. i can go into all of that, if you want. cheryl: sure. okay, no, no, no.
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so border is definitely top of mine for you. it seems the voters agree with you as well. the other big issue is crime, in particular in liberal cities, liberal states like new york, like what we're seeing in chicago, an incredible amount of violence and some frightening pictures coming out of philadelphia over the weekend, san francisco. not just crime, but homelessness. how much of a factor do you think, though, that that is going to make in the midterms considering that a lot of these blue cities and blue states have entrenched, entrenched voters who, if the new york times tells them to vote for somebody, that's who thaw vote for? does this change this year considering what's happening across the country? >> it does change. let me tell you, the role of government is health, safety and welfare. and none of that has been accomplished by this majority administration, has been accomplished by speaker, has not been accomplished by this senate leader. it just hasn't been accomplished by the president at all.
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here's the real deal. people want to feel that they can go into the cities, he can go anywhere and be safe. it's a america. and it's not true, you're not safe anymore. bottom line is, as you've said so eloquently, you know, crime is on the top of everybody's mind, and it's on the top of all the numbers everywhere. cheryl: it is. so true. >> you know what i believe in? three strikes, and you're out. cheryl: i wish -- i hope so, congressman. >> i believe in stop and frisk. cheryl: congressman jeff van drew, we're out of time. >> thank you, god bless you. cheryl: all right. we're going to come back, taking a real quick break, talking about stocks and q4. we'll be right back. (vo) while you may not be a pediatric surgeon volunteering your topiary talents at a children's hospital — ...
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