tv Kennedy FOX Business October 17, 2022 7:00pm-8:00pm EDT
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rules expose so much corruption that exist in science community and bureaucracy. >> good point. >> he has destroyed the faith in our institutions in a big way, admitted to lying in public about herd immunity, he does not deserve the glowing profiles he gets. elizabeth: he will step down but still doing work. >> whatever work he is doing it will be signed off by his wife. >> virn having a ball in dc. live from washington, the "evening edit," on fox business, have a good evening. ♪ ♪ kennedy: just doesn't make sent, how many monday to you anyway, biden administration continues to claim the economy is doing great.
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despite all of the pain and alarm bells and red flags and democrats are hoping to lie their way to midterm victory. i don't think that people are that dumb. warnings continue to get more dire. bloomberg's economic model now predicting 100% chance, not 90% not 80 but 100% chance of a recession within the next 12 months. 100%. let this sink in, prices, as you know at an all all-time my, high, financial stocks lost 1% of their -- 401(k) last 1% of their value, and president made that fantastic claim at baskin roberts. >> our economy has gone to hell. inflation is worldwide. worse offer where else in united states.
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kennedy: what is wrong with him? the economy is strong as hell? really, inflation is not worse everywhere else, a number of country, that include japan and france are reportedly faring better, today press secretary and her notebook said that critics should be quiet, trust her. >> the president is going to get out there as we have said multiple times, to make sure he is talking directly to the american people about how we're delivering for delivering on our promises on how we're taking inflation seriously. kennedy: those are words. you string them together. they still don't mean anything. >> many suggest that white house not taking it seriously at all, white house continues to push more government spending and as we know that is a major cause of inflation.
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how can they say, they are doing everything they can to bring prices down. let's meet party panel. senior policy analyst, annette step man is back and co-host of the 5, dr. jessa jessica tarlov and scott horton he is there. so, even if we're smack dab in middle of a recession, let's say in the string, do you think that white house will continue to change the definition of words like recession? >> this is what happens when you think you can rely on media to pump out the party line for you. you get this arrogance he can appear dismissive that i think is hurting him. with voters because, they don't see he is taking it seriously, they see him
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changing definition of recession and getting mad at media whenever they ask any questions about this. if we go to a recession they will get worse for american families who are already struggling with the inflation, they have tighter budgets. what happens if in a recession a lot of us lose our jobs, we don't have a lot of savings this is eating to a lot of american savings. this situation could get worse. they seem to rely on media to carry their water. kennedy: savings in last two years down 83%. a lot of americans most, majority don't have a cushion if something bad happens. if they need car repairs or emergency dental work, normally you have a little cash tucked away. fewer will have it if the fed is successful. because, one of the aims of raising interest rates is to
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also raise unemployment. >> absolutely. a couple years ago there was a out there end of obama years majority of americans did not have enough for medical emergency, now we're talking way bigger numbers, it is not just a messaging problem. it is hard for people who kept unemployment low to face fact there are other levers of our economy that is not going right, we see politicians, this is not unique. getting personal about it it feels like an affront, you are told the thing that you are doing is terrible or this your fault. if you live by the sword you die by the sort sword. he was in oregon during that is oregon.
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during this ice cream inster view. kennedy: highway patrol they vote in a new wave of pole sigs in oregon. between ted wheeler and mike smith and kate gr brown they have run the state into the ground, including port portland. shame on them, shame on him for dismissing people's pain, this is why the fed and the president have been so unserious about a dire economic situation and it is causing real pain, the pain is only going to get worse, how bad can it get scott horton? >> well, it is get a lot worse. i know people hear this all of the time, it said all of the time, true, ron paul of the right about this and everything else. our entire monetary system is corrupt and crooked and
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wrong. we're talking about here, we're coming and going at the same time. the inflation is the result of our monetary inflation and the expansion of money supply from during the lock down period. now a lot of this pain here other st than inflation is the recession, which is what the federal reserve is trying to inflict on our economy. that is why they are raising the rates, they are trying to force a recession because that is theo only cure for forfor the inflation they caused. american people get it comes and going, they want to force people out of work to decrease upward pressure on wages that means people have to live outside and lose custody of their charge and people die of drug abuse. they are victims of crime. and on a lowest level people are put out and it is all
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the federal reserve's fall, we need 100% gold standard in this country. kennedy: i am so glad you brought up that, that is in my memo in just a couple blocks. on the show, that very topic. thank you for sitting it up. >> give up current state of country, not surprising voters are unhappy with the president, a new "fox news poll" shows 33% of registered voters say, they would reelected b biden in 20er two. 54% would rather vote forbid -- anyone else. else. >> according to a hill report, democrats making 2024 contingency plans ahead of midterms if they have a bad showing next month some in part are expected to call for more presidential options. at a debate last week, ohio
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democrat congressman tim ryan said that. >> i have been clear, i would like to see a generational change, mitch mcconnell, donald trump, the president everyone. we need a new generation. kennedy: he wants to be that new generation, didn't high he run for president. >>ed by i biden has yet to say he will be running, if his party is not on his side should he just quit while behind inez . >> it might be better for democrats if he did. it is not clear who is waiting in the wings vice president harris, failed with her open voters in the last primary. what underlying this the best shot that democracy haved to republican party.
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has taken well democrats are doing a bad job all we have to do is sit here and not have a serious aj agenda, it might win the election because of the numbers you cited. but that will not save the country that is winning an election. u you don't win an election to keep winning, you do it to enact an agenda that is good efficient for the country. >> they have to put forward an agenda how they will fix the economic problems for the american people. and how they will deal with the cultural issues, this is not just they are bad vote for sneu. >> that is how joe biden was elected, saying i'm not donald trump, but someone else saying we're not democrats, you are right.
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are the -- will the chorus of decenters grow louder if democrats under perform in the midterms, jessica. >> i imagine they will, i think that is what president biden is waiting for to see what next two years will be and how he is feeling, he turns 80, the oldest we've had. i'm sure he is waiting for that. i would like to remind panel and viewers, that this does happen, presidents even barack obama there was a chorus of democrats saying that he is terrible. and you have to look elsewhere, he was unpopular going to midterms. >> nothing like this even close, people talked about replaces joe biden on the ticket. there were some murmurs, this is serviceable establishment people. loudly condemning this administration and the idea
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of holding the country hostage for another presidential election cycle, there was no direct comparison with obama, even if his poll numbers were under 50%, it was nothing like this. >> they were lower than where joe biden is right now in latest "fox news poll." >> i mean, that is specific -- noting into do you approve or disapprove this is saying. would you vote for joe biden again, and only 33% said yes. that may have some correlation with whether or not he is popular, they are looking saying, literally every other horrible person is better than this guy. what is the worst thing that joe biden has done, scott. >> well, got out verge of nuclear war with russia right now. kennedy: his own words. armageddon. >> 33% sounds about right to my. no body wants to die alone. i'll wait for the 6 c security coming rather --
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the second coming rather than going to for joe biden armageddon, he should put blinken to speak with russia before we all die. kennedy: that would be a wonderful place to start instead of a massive democrat fun fundraiser, talking very irresponsibly about a nuclear war. >> coming up. senate hangs in balance on november 8, will one sleeper blue state be a surprise win for the g.o.p.? guy benson will break it down with me, i'm still kennedy from the block. ♪ ♪ jenny from the block ♪ ♪ i would watch the flight attendants.
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debate with dr. oz in pennsylvania next week, but one state could be a surprise upset for g.o.p. all eyes turned to colorado. where republican nominee john oday poin . paints himself the joe mjjoe manchin, facing benson, could colorado swing senate for g.o.p., with me now guy benson. welcome back. >> so what do you make of this colorado senate race, no one has been talking about it. we looked at other places and races. this really has not been on the radar. >> i don't think that this wou51 seat for
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republicans. joe oday is a quality candidate, smarts and disminu-- running against bennett. kennedy: like a vanilla w wafer. >> so if it got to be a towering red wave this is the type of seat that could get swept away for democrats because of cot the combination of factors. is it possible that we'll see a surprise? maybe. today, steve core knacky, a smart guy he pointed out right now real clear politics average has republican up 1.8% on the generic ballot for 2022. this period that many days out of election in 2014 republicans were up 1.8%.
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on the je generic ballot that was a big republican night in house and senate side, there were surprises on the way, like mark warner in virginia within a whisper of losing to ed gillespie in a race no one was talking about. the question is how big does a wave get, if it gets tall enough then you look at senate seats like colorado, maybe washington state. coming into focus late. kennedy: all right, let's move to georgia. i know that walker and warnock had their debate on friday. it did set anyone at ease? who had questions about herschel walker? >> i got back from georgia. there was buzz in the state about that debate. all allegations against walker and his expectations
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were set quite low. i would say, i think part is strategic and part is everyone seeing him in interviews saying how will this do against a senator and a pastor, by by all accounts, that include journalist and democrats, walker helped himself. there is almost no question, it was neck-and-neck before that, i think he cleared a certain bar in terms of acceptability and putting some people to your point at ease. and showing himself to be informed. and if brian brian kemp the republican governor wined big enough by 8 points, that is possible. on november 8, that would require so much ticket splitting for warnock it would be possible to pull it off but walker could get swept into senate by a red tide if it gets significant enough, a lot of ifs, but i think that walker is not out of this thing.
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kennedy: that is amazing to me considering how bad the press has been against him. and so revelations that come out and comments from his family. i want to touch on john fetterman and dr. oz. i texted a friend of mine who is a world class cardio surgeon, i said, it cardo myo thany worse an a fib. john fetterman has it, told press he had afib, he has a more serious heart cond cardcardio my myopathy. >> we have a 5 or 6-month-old letter from a doctor, that is it no follow up, he is refusing to release it, why? you bile on pile on top of his failing health his
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horrible record and deadbeat status this race, i'm shocked he is in it, he is slight favorite still based on polling but from people on ground in pennsylvania they say that is knife's edge. kennedy: interesting. you know, i don't know that i trust the polling methods in sources, i do know think a lot of conservative still because of how they have been treated and conditioned, i don't think they are picking up the phone. i think those 3 races i believe they are closer than we see. i think real clear politics is on the money term its of actual odds. and where senate will fall, guy benson i always fall for you. >> thank you. >> thank you, lovely. kennedy: thank you. >> all right should u.s. go back to g gold standard, one republican congressman introduced a bill that could make that happen, i will
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learn more today at your chm.org about healthcare that puts you in control. kennedy: bring back the gold sta standard. we have been creami screaming that for years, winflation growing, failing us in the economy time this troubled nation get back to sound monetary policy, congressman mooney introduce a bill to adopt a new g gold standard for these new times, about time, your dollar lost 37% of value since -- right now u.s. sits on largest gold stock pile in world, 8100
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tons of stable stall worth. 'we were to a gold standard value much our money would be tied to physical gold instead a imagine monetary theory, that is socialistic garbage. we're doing this now. and it is not working. unless you call out of control prices and a global recession success. fiat currency and lying stewards like jerome p powell, it is vulnerable to kind of inflation when not recognized early. talking about fiat currency. humans are flawed i get that, when you combine all 3 to a fed chair, a treasury secretary and president, it is easy to see how the fiat
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system could have its way with an economy and bugger is to helpless submission. i don't want a buggered economy, i want an economy that services hard working individuals that can see a measure proof of its value in. >> we have been lied to and taken advantage off by powerful elites who think we are too dumb, that's force the incompetent buggers to resign in disgrace. i love gold. that is the memo. price of goal 1615 an ounce. washington big wigs are astill afraid to did back,
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why? do they hate goldmember? house financial service committee mooney, welcome to the show, you introduced that bill. to get us back on the gold standard. >> thank you, for focusing on this important issue. i'm first since kemp in 1989 to put a bill in. and art lapre was talking about it has been 40 years since we got off gold standard, ern that was predicted when richard nixon t temporarily took us identify. all of it is opposite. it is terrible policy to get off it. i thought we would put the bill in and have a real discussion about how to have our wil dollar bills be stabilized. kennedy: tell me and people, what is the relationship
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between having a gold standard and inflation? people are now looking around for some sort of alternative. in washington with this central banking they have really screwed it up. how does that happen? >> federal government with out of control spending and continually having more money borrowed, value of the dollar goes down. by fiat. value of dollar is full faith and credit of united states, it not tied to anything, so commission and president can spend more and basically take away your savings that 30% number from 2000 is getting worse under biden. people have done the right thing and saved all their lives see their savings eroded through inflation, that is because the dollar is not tied to anything to federal government is print more, borrow more and devalue your dollar, if you were tied to gold standard
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you could not do, that it would be better for americans who save. kennedy: it does disincentivize savings, a lot of people don't have money because the environment that we're in, their dollar does not go far, they have to dip to whatever savings they had and deplete that. now there are fears, certain fears of a recession that is looming. if this bill were to pass, if you were able to get bipartisan support and support from enough rational economically minded republicans, what would it do and when it, it take affect? >> protect your money so your dollar is worth the same in 20 years, and take affect in about 10 years as we get it, it stabilized and tie to gold. and importantly, the left
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has been app met -- over rise of bitcoin and crypto currency, but the dollar bill is not tied to anything either, it is hypocritical of people to criticize the crypto currencies when the dollar bill has no ties. i think if the left were serious about stability here, and criticisms they have. they would go with gold standard, they don't want to because they want to manipulate the dollar bill and borrow more. and take from people who saveed and give to those who have not saved. kennedy: we should allow people to keep their hard earned money and stop stealing from them. and applying it to projects that have no affect on their lives, for the record, i love gold, and i love crypto and a life freedom congressman thank you. >> you're welcome, thank you. kennedy: meanwhile much those of us getting paid in dollars need to keep working
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and dances for nickels for a long time. average 401(k) plan down 34,0,000 dollars or 20%, since start of the year. american savings collapsed older workers cannot afford to retire, how does that affect your economy. joining me now jonus max faris. this is some bad news for people who are close to retiretirement age, is there something people can do now to protect themselves? anything to offer them? >> you can't do anything now. if you are down 20 to pi 30% in 401(k) it is because you are visted in stocks and bonds. most people, most of options in the 401(k) are down.
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20 to 30%. it was difficult to avoid this. you can't doe anything, i would not sill go to stable value fund to protect from further losses. there could be further losses, realistically it could come back any given time. you don't know when it will happen. and you will lock in your losses. much of the losses were in bonds that made this year unusual. stock market down 20% that is ordinary, you get that every few years, what you don't get is a 15% decline in investment grade investment bonds, this is concerning, if you are 22 at work does not really matter. but if you are 3 years from retirement and you bought one of your target date funds from vanguard or many larger providers, for lay --
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retire in 2025, the funds are down over 20% year-to-date, that is an unbelieve an hit when you consider stock market barely down more than that, i would have been just as bad all in stocks. and that is a historic decline for such a conservative pl balance portfolio in 07 and 08 there were similar declines, the stock market was down 50% from the top right now we're down 20% or 23%. i think it is safe to stay here. but it a big hit, particularly bad if you have a million dollars, and you are retiring you are down to 800,000, that is shocking. when you were not taking a lot of risk you thought. you were in a conservative account. kennedy: that is how people are sold these financial products. that is -- they tell us look at any 10 year period in
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stock market never gone down, but now we are entering a period where no one as seen, don't worry we can stay at jonas' house, he has a yacht, i'm looking for to that party remember i . i feel when you speak with confidence we'll be fine. >> we >> jonas max ferris thank youy is much. >> you're welcome. >> new video of president going viral for wrong reasons. too close for comfort with a teenage girl, if that were my daughter, i would have pushed the secret service guys out of the way and smacked him in his face, what a creeper, that is all next. ♪ ♪
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♪ ♪ entertain us ♪ ♪ here we are now ♪ ♪ kennedy: smells like teen spirit, we know creepy joe biden rarely misses a fan to be a p prescription strength creeper happened at a campaign event friday. watch this. >> no serious guys until you are 30. kennedy: god, i am like. blek. the man who shot video. claimed that secret service tried to stop him from records offing we're in public. it the united states of america. was president creepy or folksy. he is got problems, inez.
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>> he is making people uncomfortable, i do know know that agree with reading more. he seems like the uncomfortable grandpa to me, but that is bad advice also. that is not actually good advice for women. it is very common. >> why does he have to touch people and sniff their hair? >> that is what i tell my tsa agent? >> you tell your tsa agent to touch and you sniff your hair, me too, stop and frisk. >> sorry. >> >> fine. i agree w ynez, one of those things not great but does not indicate what conservatives want to make out of it, just he is almost 80. and -- >> he has been doing this for a long time. >> like, the things that get people of opposes parties
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hot and bother on twitter is thing that average person is not thinking about. joe biden is one of best examples people feel they know his soul they don't read great but no one serious is sitting at home saying, i think maybe joe biden does things to these little girls or whatever. kennedy: he didn't have to do things it is creepy. unyou know he talks about when i was 30 a 12-year-old girl did so much for me, stop talking. when i was at pool. kids would hang on my legs and say your legs are hairy. >> corn pop was real if you brif you bringing on. >> i'm not bringing up corn pop, he was h h my prom date.
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>>e biden as ha hal has always been a degenerate. it was 20 years ago yesterday, supports george w. bush to authorize his war against iraq, he was chair of foreign relations committee, held a couple days worth of hearings where only the war party was allowed to testify and a million people were killed then he he came vice president under the next president barack obama who launched regime change wars in libya, syria and yemen, resulting in dat death of another mil million. yesterday's man the first thing joe biden did when he came to the u.s. senate in 1973, was to denounce richard nixon for his haste with a drawl from vietnam. this is a guy always been
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known as a servant of the banks and credit card companies of d delaware, cracking down on street crime and letting .01% get away with flo bloody murder and criming on the girls, there is one of -- creeping with the girls the one with the little girl in black dress, niece of a senator from montana he said later he did grab her in a waya -- everyone look it up, it is disgusting government employees are the worst people he is the worst. kennedy: jessica? would you like to respond? >> head shake, i was interested in foreign policy analysis. kennedy: just ask scott to comment on hair sniffing, it is gross. >> i get it. >> drive him tote -- him to the wheelhouse. >> people like photos like
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that. >> look at one with the girl in black dress. >> that photoo is gross, stay away. thank you so much inez, jessica and scott. >> h he is sniff cleo's hair any time. kennedy: ill i will run interference. >> topical storm is next. ? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. ♪
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kennedy: in jail house interview. can we start over? we're live. sorry convicted sex trafficker ghislaine maxwell said she had a special friendship with bill clinton, and clarified they were close but now cigar. that is a fr ship with beneficials. >> a van gogh -- painting is on display after defaced by climate protesters, stinking jerks, still worst deface of van gogh is time he cut off his own ear. the gallery said that sun flower painting was unharmed after being doused by activists with heinz tomato
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soup. the activist. glued hands to th, there is nothing worse than being stuck in a museum. they have been arrested and art lovers call for punishment. the walls are no place for donateoy -- tomato soup that belongs in museum of modern art. >> mug shot monday, an australian man, a legend on his own forehead, 24-year-old james, the beast. hello handsome. that is what kids call him at preschool where he teaches, i have not seen such a grotesque waste of ink since "new york times," if he had more art, a group of oil p protesters would
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throw soup on him, he skipped sup court for charges of assault. and property damage. the nature of the beast. james is made to face justice after high was he was tracked down, arrested and held without bail, fair drink em, right. >> and austin police department released video of a superhero show, stage where texas children hospital, now called most rivetting police show since blue bloods, with evil villains, penguin and riddler running among on a crime spree, arrested over and over by batman but they keep getting bailed out by kamala harris, austin police department swoops in by helicopter, repelling down the side of the building, maybe we have def --
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-- they surround villains and handcuff them, and charges were dropped. >> italian m musician was recorded playing saxophone while under going brain surgery, the best proof you don't need your brain to make music, dj khalid. he spent time playing them song from the movie love story, why not careless whisper? it was said to behind numbing. he didn't need anesthesia. and played italian national anthem. not to be confused with the american italian national anthem. it provided feedback with how surgery was going real-time as brain activity
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became impaired he played ♪ ♪ louis louis. it was deemed a success, patient retained his ability to play music, even better with the hole in his head. shhe is now a walking wind instrument. i'll show myself out, i'll be back with mouth trumpet monday, requests, twitter, do it now, do it live. i've got. voya. be confident to and through retirement. in a recent clinical study, patients using salonpas patch
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♪ ♪ kennedy: use hash tag mouth trumpet monday on twitter, here we go. ♪ ♪ i♪ ♪ kennedy: that is it, thank you for watching best hour of your day, follow me on twitter and instagram, facebook he a e-mail me. tomorrow night, i'm not going to be able to sleep, you can't watch the shokenna -- show, kenna devr it, good night. from the sofa you're sitting on to the dishes in your sink to the tv you're watching right now. none of it would be in your possession,
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