tv Cavuto Coast to Coast FOX Business October 24, 2022 1:00pm-2:00pm EDT
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♪ this is my fight song, take back my life song ♪ neil: all right, i guess they call that music. >> [laughter] neil: does adele have a fight song maybe? we don't know. okay, welcome back everyone top of the hour here and we've got the dow racing ahead 328 points, lauren simonetti is here to make sense of this crazy market. lauren: i think the dow has a fight song today, really nice gain. up all day, but up by varying degrees all day. neil: yes, indeed. lauren: check out the nasdaq suddenly higher. major week for earnings especially from silicon valley let's kick it off tomorrow with microsoft, and alphabet, and then meta on wednesday, amazon and apple go on thursday, which is the biggest day for earnings in this cycle. let's take a look at bond yields
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so the 10-year is hovering around 4.2% there's continued concern about when exactly the fed pauses or if they maintain their ultra-hawkish stance on fighting inflation despite another slowdown in business activity. we've got a report for october this morning, take a look at meta it is now up but almost 2%. the hedge fund, timider capital says the facebook parent needs to cut staff 20%, cut spending and limit their metaverse investments to $5 billion a year that's half of what they are spending now. those aren't kind words. nobody seems to be buying into the metaverse idea. bank of america comes out cutting metaverse to neutral they are worried about advertising spending slowing down on reals, the tiktok competitor. let's pivot to china. they said a negative tone this morning but we have have not followed them in the u.s.. president xi secured a record third term over the weekend and then appointed loyalist
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decision-making positions in his government so he's surrounding himself by yes- men, who will likely -- neil: nothing wrong with that. lauren: yeah, and it's policy continuity. neil: sure, absolutely. lauren: less growth, government ownership and look, hong kong took it the worst. it's down 6.4%, the hang seng, look at alibaba, all down double-digits, down 26%, so that's the reaction, because of president xi at that record third term. neil: you have a problem with yes-men. lauren: oh, that's where we're going with this? uh-huh. neil: to my face, they are? but they aren't really. like this guy could turn on you. lauren: there's no innovation. i like critics. nice critics. neil: you give it to "varney", that's good. i like to see that but it's rare i mean, this guys just, xi-jinping, a third six-year term. i love the way they did anyone
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opposed? no. lauren: i know but i always question and i know you're talking about tesla too, neil: yes. lauren: but how does covid-zero, how does that strategy work for any multinational or any business doing business in china when you have to lockdown completely? yes, tesla does it because they have that closed cycle. neil: but their calling numbers aren't any better, in fact they are worse given this so make you think about is that really the right strategy. lauren: they are doubling down apparently because of those yes- men. neil: yes, exactly. lauren: you could be in an ikea in china and all of a sudden the loudspeaker comes on and they shut the doors. you've got to run out. neil: i do that with the staff. they don't say yes. the doors lock. no. lauren: i understand perfectly well now. neil: lauren you are the best. lauren: neil you're right. neil: she no more feels that, but she is good as is this next lady with hillary vaughn joining
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us from capitol hill right now. always like to see her on capitol hill because that's her ground zero. that's where she makes a pest of herself and so glad she does, but right now, we've got the president set to address the dnc, he's making remarks at the dnc headquarters but they aren't actually swamping to get him to be on the stump so that's the latest? reporter: neil, well the president has been kind of taking a victory lap, because of on friday, the u.s. treasury numbers came out and the deficit dropped under his watch the last fiscal year, but that still doesn't mean that the u.s. was able to stay under budget. instead, we still do not have enough money to cover our bills. biden ended the fiscal year a trillion dollars short. new government spending that we didn't have the money to pay for , putting it on the nations credit card, but still, biden is taking a victory lap. >> today, my administration announced that this year, the deficits fell by
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$1.4 trillion. the largest one-year drop in american history. the largest ever decline in the federal deficit. this record deficit reduction includes the cost of my student loan plan. reporter: but the committee for responsible federal budget says it's not biden's policies that dropped the deficit. it was expiring covid relief programs that led to the decrease, saying this , "the entirety of the decline in the deficit between 2021 and 2022 could be attributed to the expiration of temporary covid relief, not due to a renewed era of fiscal responsibility, in fact the deficit would have been almost $400 billion lower had the biden administration not decided to enact an inflationary costly and regressive student debt cancellation plan. " that covid relief was just part of the trillions of new spending that president biden passed, under his administration , biden has approved 5 trillion total in his first two yours as president. republicans say if they get control of the house, they will put a stop to the
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bureaucratic binging on taxpayer s dime. minority leader kevin mccarthy saying he would refuse to lift the debt limit unless democrats and the president agree to cuts. >> this is democrats. all they know how to do is to attack your freedoms and spend more of your money. such a deal for the taxpayers and the taxpayers and american families are going to say no. we've had it with this. we're going to go vote for republicans it doesn't take a genius to figure out what the solution is. quit spending like crazy have welfare reform work requirements and actually common sense energy policy. reporter: but neil, president biden is attacking the republican plan, using it as part of their mid-term messaging, saying that that plan to cut spending across agencies and not lift the debt limit would instead crash the u.s. economy and put the u.s. in default. neil? neil: hillary vaughn, thank you very very much so hillary mentioned it here, the pressure up ahead of the election and a little more than two weeks, and whether the markets are actually telegraphing big republican gains. not only the house but again in
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the senate. it started with real clear politics talking about the real possibility republicans control that as well by maybe a 42-, or 52-48 margin. jonathan hoenig and david nicholas with us as well, jonathan, what do you think? you don't want to maybe make leap here but could the markets with everything else going on maybe the earnings that don't look too bad, or this rumored pivot on the part of the fed, that might be a stretch too far, but that maybe, maybe they are factoring in, you know, some new sheriffs coming into town. what do you think? >> neil for one thing the news is out. look, the markets really been atrocious under biden, not necessarily even just stocks but bonds as well. before this , the worst year for bonds was about 3% lower. the bonds are down 19% this year , so this has been a very tough year for stocks. i think for that reason, frankly , neil that reason alone, we're due for a bounce. in fact a pretty severe bounce. keep in mind in the 70s you had bull markets of 50% or more so
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i think we're due for a bounce. i'm starting to see stocks, european stocks if you will most surprisingly, start to make moves higher so i think you could buy stocks here, because of perhaps a change in leadership, because they are oversold, but i think you have to be very careful because the spending continues, neil. even the promise of tax cuts, it's good but unless you cut spending, it's like what do they say? wizzing in the wind? neil: well that's what some say, but yes, you could be right there. david, let me ask you about that , because part of the story of liz truss and her short-lived reign as prime minister was the markets rebelling against her a conservative and rebelling against tax cuts that the they deemed weren't paid for. the only reason why i'm leaping ahead to take a look at the impact is whether republicans might have the same test with markets that might be impatient with, you know, aggressive spending and/or tax cutting plans and not distinguish. >> that's right. when it comes to liz truss, just she was not the problem with england.
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england was the problem with england. before liz took office england had 10% inflation, real wages, real gdp was declining, growth was lower than where it was pre- covid levels in 2019. debt-to-gdp was 100%. august deficits for england were like the highest on record, twice as anticipated, so you have the bond market going crazy , not because of tax cuts, but because of what was done prior to that. you had debt bond managers that were leveraging up and we saw interest rates rising in england , well-before these tax cut proposals but i would tell the gop that what we can learn from this is we've got to be tough, because if you look at the 2017 tax cuts, they were bullied. nancy pelosi said it was a scam, bernie sanders said it was hypocrisy. the biden white house said it would add $2 trillion to the deficit over the next 10 years but what was the result, neil? the cbo came out this year and said oh, we were wrong. it's not going to add 1.5 trillion to the deficit. it's actually going to add
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$500 billion in revenue, so i think this is a reminder for us that those republicans that are fighting for tax cuts need to have a backbone and a sign because we know what works. it's lowering taxes, it's smarter regulation, it's unleash ing the american ingenuity for job create or s to hire and invest and that's what works. we just need the backbone to see it through, neil. neil: i don't know if we'll see that, jonathan. >> well, i mean, carter got it eventually, neil. it took the country being in a decade worth of recession carter had tax cuts in 78, he had regulation cuts in 78. he was also cutting government in 78 and that's ironically what's really hurting the economy now. it's not that costco is in a tremendous company or general dynamics. it's not as our guest said, the prospect of american innovation. it is the inflation and carter's cuts really set reagan up so if we could actually make some move to as i said cut regulation and
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cut spending, there's nothing that can keep america down. neil: you're quite right so go back to the regulation cuts they did set the stage for what we would later see. guys thank you both very much. i apologize for the truncated time. not apologizing what's on the on the corner of wall and broad where the major averages are racing ahead here but we'll sort of pick apart what's happening here because while we're making progress on the stock front we aren't making progress on the crime front. i'll explain, after this. ♪
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and i will make it my utmost priority to bring our party and our country together. i pledge that i will serve you with integrity and humility and i will workday in, day out to deliver for the british people. neil: all right, so he hopes ris hi sumak is the new prime minister or will be very shortly, of britain in case you're counting that is the third one they have had in a little more than two years on of course it happens at a time when we're looking at our sixth in a little more than five and a half years. he will also be different in this respect, besides just his ethnic background which is the first on so many levels for britain. he will be richer than the royal family, between he and his wife, they are worth a cool about 800 million u.s. dollars. the royal family let's say if we just focused on king charles about $419 million. so, there are so many firsts
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here i want to go to charlie lan gston, at the daily mail.com. charlie i always think when it comes to britain just relax, everyone will get a turn at being prime minister and now he is the latest, the former chancellor of the ex-checker like our treasury secretary, he warned about a lot of the things liz truss was going to do to no a vail but she's out now he's in. how do you think it's going to go? >> you know, i truly believe that right now, what the country needs, is some consistency and i know that you brought up his wealth and that's obviously been a topic of conversation, his critics have said his wealthy background means he's out of touch, but honestly i don't think that the wealth should matter if he does his job well. if he gets on with things and actually starts to make a difference, and is able to help, so many people in the uk, who are going through such hard times with the cost of living crisis just getting worse, how much money he's worth personally
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doesn't really matter. however, if he gets off on the wrong foot and proves himself to be out of touch, then his wealth is going to become a major issue that could well see him go the same way as his predecessor less trues. neil: that's very well-said. you think about it, i mean, we don't care whether they are rich or poor as long as they do the job. fdr was from one of the wealthiest families in american history and ditto john kennedy but at the time they got the job done, so you're right. the pedigree doesn't decide who succeeds or not, but i am wondering about a conservative party as they are known and as pounding tax increases and all of that, markets rebelling against them. you don't often see that, what happened? >> you know, i honestly think and you know, there are far- better qualified political analysts who will be able to tell you what's going on here. neil: not really. i think you're smarter than them but it's a legitimate question,
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like what the heck? >> well, my belief is that that has been so much kind of in- fighting behind the scenes, there has not been any clear leadership, there has been no unity within the party and one of the first things that our new prime minister has said is we need to unite or we will not survive and i think that that is a very smart tactic to go in on from the off because the truth of the matter is, until you can have a party that is united and that is focused on the same goals, you're going to spend more time trying to cut through red tape, trying to kind of deal with your own party members, than you are actually focusing on policy, and what the british public needs right now is for a party that is in control, that is coming together as one, to decide how to improve the country, because the people of britain don't really care what kind of minor arguments there are going on behind the scenes. what they care about is hearing how on earth they are going to
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get everyone out of this economic crisis. neil: fair enough. while i have you, charlie, because i knew you were coming but i had to ask you about the royal watch, and what's going on. you might be a royal expert, but i've watched the crown so i think that counts, and i'm hear ing the latest season of the crown is going to feature an episode in which charles is trying to pressure his mum to quit, so he can gain the throne i know this has caused an uproar in britain so is there any truth to any of that? >> you know, we're hearing a lot of rumors about what might come out of the new season of " the crown" and a lot of it is proving very distasteful for the people in the uk, for royal insiders, because the fact of the matter is, the queen only passed away a few weeks ago. the crown is going to debut next month and we're not only hearing that there is going to suppose heldly be a plot line where charles tries to oust his mother
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we're also hearing there's a scene in which he tells her that she deserves to go to jail because she's such a bad mother. now, that's not something that any family should have to witness, but to have to witness it a month or so after your grandmother, your mother, great grandmother has died. i just think that's incredibly disrespectful. neil: all right, so someone's not going to be watching the new season of "the crown" but charlie lankston, very good see ing you. i really enjoy when alexis mc adams is on this show, but she's here in person, so we've been merciless with her but she's giving us the latest on what's going on over the weekend mayor eric adams had a wow wow on how to deal with rampant crime but apparently he's acknowledged it's more than a perception problem, she's coming up next, after this.
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neil: all right, crime is a big problem in this country and of course in major cities ink across kunkletown are it is getting worse. now in new york, its gotten a bit controversial because the mayor had been saying it's more perception problem, at one point, but he did have a pow wow over the weekend at gr acie mansion, where the mayor of the city lives, the idea was to come up with ways to sort of get this under control, alexis mcadams here on how all of that went. good to see you. >> good to see you too. neil: what happened? >> well so they did have a lot to talk about with the crime happening on the new york city subways but for what will be fixed still to be seen here, so this guy was pushed in that video that everybody has seen now, has a broken collar bone and shoved and i mean shoved on to the subway tracks out in brooklyn. he tells me he doesn't want to ride that subway anymore.
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he is 32-year-old david martin afraid for his safety can't blame him after this random attack, physically and emotional ly in pain. you can replay that video over and over again, you can't get it out of his head in that video you can see that guy in that yellow hoodie just eying people there on the platform, neil, then zeros in on this innocent commuter, shoves him there, and thankfully he didn't hit his head, because doctors say that would have been a different story, ended up in the hospital, grateful to be alive, listen. >> i was walking and i was looking to see what time the train was coming and before i knew it i was pushed with force on to the train tracks. i opened my eyes, and i was looking down the tunnel. i was in too much pain, immediately my face was on fire. my whole left side of my shoulder was on fire. >> so, governor kathy hochul and mayor eric adams add more cops and cameras to subway cars and platforms in this new plan that they announced over the weekend, and also, care programs to help the homeless
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and the mentally ill. the plan would add more than 1,000 extra overtime shifts every single day. >> we have a crime-fighting strategy. we've leaned into proven law enforcement strategies, invest ing in new technologies that'll make a difference. >> reporter cap challenger representative lee zeldin says this is a last ditch effort for governor hochul to try and fix this massive problem. if elected he will declare a crime crisis ink across state. >> we're here today to do our part, to ensure that people are able to live their life that they are able to get from point a to point b safely. >> so it's not just zeldin, neil, criticizing this plan. it's the police union too saying this isn't going to work saying the only way to provide real safety on the subway system is by recruiting more police officers, and also boosting their pay. this is going to be a huge issue discussed tomorrow, at the debate between hochul and zeldin neil: you're originally from the
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chicago area so crime no stranger there but you and i were also saying during the break its definitely gotten worse and some of the elements have gotten worse. now sort of 24/7 event. not just late at night. >> exactly, and they say don't take it at this time, keep your head at a swivel. how much can you keep your head on a swivel if someone charges at you ink across platform. he didn't even look at that guy, so it's like what can you do to avoid this , so adding more police, and more cameras we'll see what plays out. neil: maybe it'll help, alexis great job good seeing you. want to go to curtis sliwa, the former new york city republican mayoral candidate garden angels founder, curtis, good seeing you. as alexis was pointing out it's a rampant problem, not just a new york problem but popping up everywhere. the hope is in new york maybe get nor police on the beat, maybe get more on subway cars that'll do it. what do you think? >> i call it stranger danger. you don't even know these people they are emotionally disturbed.
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look, we know this is like the little dutch boy putting his finger into the hole in the dike and hoping the floods don't come in, because all this extra overtime, triple overtime, platinum overtime is just for two weeks, notice it's going to end right after the election on november 8, so this is a stopgap measure to try to save the gubernatorial candidacy of kathy hochul, who is sinking on this crime issue, but in terms of the long term, you've got to get these emotionally disturbed persons oust of the subway. they are a danger to themselves and everyone else. no cash bail, releases them back into the streets and subways, because there's no danger factor you see if a judge could determine that they are a danger to themselves and evils they get recommanded to jail. we're the only state in the nation, even massachusetts and california has liberal as they are, allow the judge to make those determinations, and
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this governor would not call an emergency session. she did on the second amendment, but what she says is needed gun control, nobody in new york state believes legal gun owners are the problem that's driving up this crime problem. it's the emotionally disturbed. it's the stranger danger that plagues the parks, the streets, and the subways. neil: still, we don't know all of the details discussed at grac ie mansion, we do know it's likely that bail issue wasn't addressed at all hands pivotal. >> well number one, the co-host was the former head of the new york civil liberties union. that tells you all you need to know and eric adams, swagger mayor with no plan. if you invite all of these people to a breakfast meeting, you can't serve them vegan food with no coffee, no caffeine, because they were falling asleep this guy just does not get it and it's all camouflage. this is all camouflage because he's not doing the job. he's not focused on law and
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order. he sold the voters that he was the law and order candidate. he had been a police officer for 22 years. yeah, house mouse, always in the precinct, never out on the streets, and now, we are seeing results of people being b amboozled by eric adams if lee zeldin becomes governor of the state of new york, he can thank eric adams for that because this will drive a city vote that may vote more than 30% republican which will make lee zeldin, i hope, the next governor of the state of new york to save our state. neil: real quickly, you know, with the attention to crime it's one of the reasons why zeldin has made this a competitive race do you think if your race were held now, versus a year ago, you'd have more of a standing chance? >> no doubt. although i will tell you this , the debate that you mentioned tomorrow, i would have advised lee zeldin against it. he's going to be walking into a cage of hungry doberman pinchers
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with pork chop hands-on. remember, cuomo was beat in 94. i don't know why congressman lee zeldin decided on this city. neil: thank you very very much, curtis sliwa. want to take you to california where you'll find kelly o'grady where they are trying to enforce wildfire insurance discounts. kelly? reporter: yeah, i mean, on a day liked to you can feel how windy it is and why wildfires are such a big issue in california. after the break, we'll tell you what those discounts might mean for vineyards. ♪ red, red, wine ♪
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>> welcome back to "coast to coast" i'm kelly o'grady. so i'm at mall malibu vineyard today, and unfortunately, for the $46.5 billion california wine industry that is not an isolated incident so 13 of the last 20 most destructive fires have occurred in the last five years, for example, woolsey caused 6 billion in property damage nearly over 100,000-acres and with fires happening more frequently vineyard owners tell us insurance is becoming un unattainable. private companies are pulling out due to the large volume of claims they are experiencing. >> so a lot of the property owners have been compelled to go to the california fair plan which is an insurance policy of last resort.
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there's strict limitations in regards to what the valuation can be, how much insurance you can get , and it's strictly for fire. reporter: now, that plan only covers the house by the way. it doesn't even touch rebuilding the vineyard, and the crop and whatnot, so those who are able to get private insurance are paying tens of thousands of dollars more up in napa, insurance premiums are near million indiana some cases for larger vineyards but some relief is coming. california is the first in the nation to require insurance discounts for business owners that reduce their wildfire risk so steps include removing brush, debris, installing fire resistant vents but depending on the size of your vineyard and how susceptible it is to wildfires what you might invest on those improvements could cause just as much as insurance prepare discounts. with all of this talk of doom and gloom, make sure, neil, to tune into fbn tonight at 8:00 p.m. for how america works with mike rowe digging into that type of stuff. neil: look forward to that kelly
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o'grady in beautiful malibu, not quite as beautiful, now stephen schork there, we forget about just the pollution behind this too. we've got a state that's so, you know, gung ho driven, with companies and autos and gas stations and nonetheless but this is a huge issue on just mother nature's front, ha? >> yeah, absolutely. we always tend to focus on what fossil fuels are putting into the atmosphere, but we tend to ignore what situation like wildfires are putting in. unfortunately, we have the political movement there in california. they are doing everything they can to enhance the impact of wildfires, so on the energy spectrum, you're not allowed to clear cut underneath power lines you're not allowed to clear away dead vegitation. you aren't allowed to bury lines , so we're taking all of these policies to try and
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mitigate the impact of fossil fuels and what we're doing is by not allowing us to burn fossil fuels any more respected manner, you're essentially increasing the impact of these wildfires. neil: you know, another thing, steven, this is a state that is really trying to harold as quickly as possible, all ev's all the time i think by 2035, yet their grid is pretty compromised. the governor, governor newsom, not too long ago, was urging those who do want electric vehicles to charge them gingerly during off-peak times and that's when they represent 1/10 california vehicles. what happens when the state gets its goal to make them 10/10? >> yeah, absolutely, neil, just anecdotally i was out in california back in september. i have children that go to school there. i was visiting. i rented a tesla. california doesn't have the infrastructure for my tesla. i'd go to a bank every other day
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i would have to wait 30 minutes even before charging station was super charger opened up and then it took another 50 minutes for me to charge my car so this was in california of all places so they aren't ready for primetime now, and so to your point, with the grid and i've got a kick. i was getting those notices on my phone. please wait to charge your car because we don't have the grid can't handle this and i'm getting a kick out of this because a week later now newsom wants to hook up by 2035 30 million cars, every registered car in california he wants on the electricity and today california can't keep the lights on. we're going into the santa ana, the wind is going to be blowing, power lines are blowing. they are going to have to shutdown power because you can't clear cut underneath those power lines so you don't want to run the risk of those power lines hitting the shrubbery and igniting another fire so we are going to another part of the california season where they can't keep the lights on and yet
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we'll continue to pursue a policy in this state that is untenable. we're already seeing it now and this is not me talking this is the l.a. times talking all of those solar panels that the state encouraged consumers to go into 20 years ago, they are at the end of their useful life. they are now filling up landfill s in california and the heavy metals now are running out of those panels into the ground, because california never had a plan to do away with the old generation, so it's a policy where california is taking one step forward for the environment and then taking two-steps backwards, with their inability to enact a rational plan going forward. neil: you know, i do have to tip my hand to you, my friend, because you were seeing this before anyone was, and you'd think they would acknowledge all right, maybe, steven, you're right on this but of course, i'm sure you're waiting for that acknowledgment but keep waiting stephen schork, thank you very much, my friend. >> thank you. neil: meantime you see what's going on at the border what
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steven spielberg citing in the california overall energy notwithstanding i'm talking about the border with mexico and everything else going on, a record number of illegal migrants getting in much higher than earlier thought between the illegals and the got aways talking close to 3 million, after this. ♪ borderline, seems like i'm going to lose my mind, just keep on pushing my love ♪ ♪ ♪ ♪ ♪
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neil: all right, the big issue with migrants coming over the border and the record number at that including the got aways were up to 3 million. we'll be talking to tomhoman about that, ahead of that aishah hasnie with a move on capitol hill where at least the d.c. city council is proposing a means by which non-citizens can go ahead and vote. aishah, explain what's going on here. reporter: hey, good afternoon to you, neil. that's right. so, this is a bill that was passed by city council, or d.c. district council. it has not been signed into law by the mayor just yet but it might not ever see the light of day because we're already seeing
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opposition here on the hill. so this month, the d.c. city council passed a bill that would give non-citizens so we're talking about some 50,000 people here in the district who are 18 years old, have lived in d.c. for at least 30 days, those people would have the right to vote in the local races, starting in 2024, so it does not impact the upcoming mid-term elections, and that includes races like mayor, city council, board of education. no federal races though. now, the only councilmember who voted no, neil, raised concerns about the hundreds of migrants that are being bussed here from the southern border. we've been watching this for months now and she thinks they are essentially strangers to this community. >> i find it unacceptable to say that somebody who has had no connection whatever another state, whatever, at all, with the united states, with its
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culture, with its democracy, can be dropped off here, persist here for 30 days, and then vote in a local election. reporter: okay, so she's not alone in her opposition. republican senator tom cotton and representatives rodney davis and august fluger are all introducing resolutions against this bill. in fact senator cotton tweeted this. allowing illegal immigrants to vote is an insult to every voter in america, every single democrat should be on the record about whether they support this insane policy. now, this pushback is aggravat ing d.c. representative eleanor holmes norton, who long- wanted federal lawmakers to just stay out, stay out of d.c. politics but d.c. laws, neil, are subject to congressional oversight, and yes, they can be overruled by the house and senate, so, if republicans are able to take back the house and able to take back the senate, we could see a serious fight here
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to get this from not taking effect. neil? neil: you know, aishah, i was thinking too, that given the fact that there's been this push to let non-citizens vote and of course it depends on the city and district doing these kind of things benefits that go to a lot of illegals in so many cities, that democrats be looking at the latino vote and how its been sort of shift ing more and more toward republicans and that alone if you just want to be blatantly political about it would give them pause. >> yeah, and interesting to note there, definitely and i know that there are people on the city council, district council that felt like they wanted to do this. its happened in other cities as you mentioned other communities so they really wanted to do this for non-citizens who are working here who are employed and paying their fair share and they want to try to give them something, but others say look, if this is going to include people who are just living here for 30 days, i mean, how does that make any sense?
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neil: and what does it unleash? aishah, great reporting as always on capitol hill, aishah hasnie. want to go to tom homan, right now don't say again he didn't warn you the former acting i.c.e. director visiting fellow. tom, good to see you. the numbers speak for themselves , my friend, 2.37 million migrant encounters at the border, tha a million more got-aways, so now, we're closing in on 3 million illegal migrants, and i'm beginning to think between what's been happening at the border and no signs it's slowing down whether that number is going to be a very brief record, before we see a bigger one next year. what do you think? >> well neil you're exactly right. six months ago i wrote an op-ed saying the number be 2.2 so even i underestimated these numbers so look if you take the 1.7 last year, which is historic, the record breaking never happened before, 1.7, we beat that number this year by over half a million, so if you add
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1.7 to the 2.3 or 2.4 we're over 4 million people have crossed the border illegally. now take into account the 1 million got-aways and these are recorded got-aways. they are calling camera, drones, central traffic and recording, these are people across the border, border patrol has video or film traffic but they couldn't respond because they are too tied up with family groups. that's over 5 million people acrossed the border illegally since joe biden became president one million got away, 1.6 million were released into the country, so it's just going to get worse because what you just talked about in washington d.c. and new york. when you normalize illegal behavior, when you reward people entering the country illegally with voting, getting a job, a drivers license, social services , the biden administration wants to give them medical insurance, and new york city and l.a. already does that the most vulnerable people in the world don't make that trip and many will die. that's why you see a record number of migrant deaths under this administration.
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neil: yeah, over 600 in the latest year. you know, tom, what worries me though is that our languages change. maybe because i'm getting so old , tom, we used to call them illegal immigrants. now they have been sort of molded and sort of morphed into immigrants. our country loves immigrants, we're built on immigrants, legal immigration, and now it's sort of like when you hear eric adams in new york complaining about the actions of governor abbott sending buses up north, or what we see governor desantis do, sending planes to marthas vineyard that that goes against our love of immigrants. well, the love of immigrants has not changed. one and a half million become citizens every year in this country through republican- democratic presidents alike. this is a separate issue that's out of control. >> well, look, i agree 100%. i still use the term illegal alien. people say why do you use that term? because it's in title 8.
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the laws enacted by congress, they are referred to as aliens and i continue to use that. when they change the law i'll change my terminology but you're right i'm not anti-immigrant. i'm about i-illegal immigration because there's a whole ugly under belly of one-third of women being sexually assaulted making that journey through the cartels. migrants are dying at record numbers because again, most vulnerable people are putting themselves in the hands of cartels to be smuggled here and when you create a crisis this big, where over 70% of agents are no longer on the line that's when the fentanyl is flowing across to kill over 100,000 people and terrorists get across, they arrested 80 on a terror screening database how many of the 1 million got-aways could be a suspected terrorist so this isn't about anti- immigration. we love migrants. my family is migrants themselves neil: absolutely. >> but the whole ugly under belly and you're right, we're softening up, trying to normalize illegal immigration
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