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tv   Cavuto Coast to Coast  FOX Business  November 21, 2022 12:00pm-1:00pm EST

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ashley: okay. i think i told you to think about it before the break we asked on average how many turkeys do americans prepare each thanksgiving? there are your choices. all right, lauren, what have you got? >> 46 million. ashley: i was, i will go 49 million. let's see what the answer is? bing, bing, bing, with a gobble. it is 46 million. you were right. by the way -- >> you were going to go with that. ashley: 22 million turkeys, 22 million turkeys are prepared for christmas. this time of year is not great if you're a turkey. david asman in for neil cavuto today. take it away.
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david: i would eat turkey every day. i'm david asman in for neil on "cavuto: coast to coast." stocks are falling after the holiday-shortened week. could the fallout from the ftx debacle spill into the broader economy? sheila bair says the collapse shows a critical need for crypto regulation. elon musk new twitter reinstating former controversial accounts. form levi strauss has quite a story after she was fired for speaking out on the platform. inflation forcing shoppers to choose between chicken and turkey. can you imagine? butterball ceo is here to break down changing habits this thanksgiving. all of that coming up on can
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"cavuto: coast to coast." first, bob iger stunning return to disney. disney shares spiking on the news. let's talk to jonathan hoenig and nick cast wealth management ceo, david nicholas. good to see you, gentlemen. what shocking news we got, unless we were up late last night. so, david, what happens to disney now? chapek, i assume i'm pronouncing his name right. he really did reorganize the country. created a new disney media entertainment division. will bob iger undo what chapek did? >> there is some damage to be undone. there is a pr disaster that disney experienced this year. if you separate the stock performance, it has been a bad year overall, right? you saw what happened with the florida parental rights and education bill that took the heat of the florida legislature, ron desantis, ended up losing a big part of their tax status which is big deal for company
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like disney. i'm looking at profitability going forward. streaming from a profitability standpoint has been a disaster. bob iger will have to come to figure out how to turn that segment around. they're seeing $4 billion for that segment. the parks are great. we're going to disney couple weeks. the parks are printing money. disney where the streaming can scale, that is where they're failing in order for the stock to turn around there has to be improvement, that is why the stock is down 40%. david: i want to talk about the whole woke business, how that might affect business. jonathan, what this shows is the extraordinary amount of influence that and entrepreneurial ceo can have in the company. you had michael eisner first of all, over 10 years ago, now. he turned the country arm, the company around. then you had bob iger amazing how he created more wealth. the degree to which and entrepreneurial manager can
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really create wealth is extraordinary, isn't it? >> david, they make-or-break a company. often these daves a ceo is lampooned just being some rich guy who comes in and opens the mail, cashes the checks. as you're alluding to, david, everything is opposite of that case. not anyone can be the ceo. it really takes that unique entrepreneurial visionary especially for a company like disney. the prove is in profits or lack of it. as you mentioned the stock is down 45% in just the last year. the worst performance since the 1970's. in a capitalist company the buck stops with the ceo, the market is liking reinstituting bob iger. he has only two years, in a very competitive field and the stock is down and iger is in. david: dig down into the streaming thing. last quarter they lost 1 1/2 billion dollars. an amazing loss. of course they came on like
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gangbusters during the pandemic. everybody was stuck at home, they tuned into what ever was streaming. david, how can the new manager, the new old bob iger turn around what chapek couldn't turn profitable at least in the last quarter? >> i think this is a challenge, right? it is expensive to create good content. disney is seeing that. they're continuing to pushing out, the competitive landscape with netflix, with paramount, it is tough to compete in the streaming space. they will have to think bold. espn is a target. i'm an avid sports watcher, but espn is losing money hand over foot. that is a target they could easily clean up to help the bottom line. it is all about content. disney has great stuff. they have a ton of content. they need to specialize to find the super fans. there is lot out there with company like disney. let super fans pay more to pull
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up top line and bottom line. david: let me talk about the woke content. david, you alluded to it earlier. jonathan, charlie gasparino wrote a terrific piece. we'll have him on in the 1:00 hour, but he said, i'm quoting on, woke don't sell. he says particularly when it comes to a company selling kid orreriented programing, theme park experiences to middle america. i think he is right on there. what do you think? >> i mean this was an absolute disaster. disney vent you aring into woke politics, didn't serve the customers, didn't serve the bottom line. knowing company's culture is key to making it succeed. look what happened with twitter. elon musk clashed with that company's culture. people walking out of very good-paying jobs. bob iger understood disney's culture. he succeeded in for so long. give the ceo what he or she wants. steve jobs got a lot of flak
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back in the early 2000s. he wanted a plane. aren't shareholders glad they gave him a plane. basically give bob iger the reins here. he proven success in the past. got hills work cut out for him. david: jonathan, david, you're so good, we'll use you in the 1:00 hour. see you then. bitcoin drops to a one week low as the ftx collapse ripples through the market. prayed grade kelly o'grady has been all over this from the beginning. reporter: david. david: we're getting context how much investors are out amid what is called the next enron or perhaps worst. the top investors in ftx represent a billion 1/2, 3.1 billion owed to the top 50 investors. two of those livessed are owed over $200 million. the lowest amount, owed over
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20 million. the numbers on screen don't begin to cover the smaller creditors that lost 10 or 20,000. the likelihood of recovering unfortunately looks dire with the new ftx ceo say sharing this quote. the group did note maintain centralized control, cash management failures, including accurate list of bank accounts as well as insufficient attention to the creditworthiness of banking partners. new ceo john ray, revealing only 564 million of the less than one billion recovered is liquid that puts into context the billions that these investors are owed whether they will get that back. ftx is currently reviewing the global businesses. they indicated they will explore not only reorganization but selling assets to pay back creditors that can lead to a fire-sale. as you mentioned the crypto industry is feeling the impact of these shockwaves.
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bitcoin at lowest point in a week. ether down there, these assets if they sell may be significantly undervalued. i want to highlight a very big day in "the ft" x story. the very first day of a bankruptcy hearing. lot of headlines coming out. david: two days before thanks giving. kelly, appreciate it. could all the ftx mayhem spill over into a broader economy and wreak the financial havoc we felt in 2008, for example? let's ask former fdic chair sheila bair. great to see you. you've been watching from the sidelines. i'm sure you're after individually all the details how terribly run. this hugely important company had a huge footprint not only in the crypto world but also inside of the beltway. are you shocked it was run like a lemonade stand without any adult guidance around? >> well, you know i care a lot
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about financial education. i've been saying for years we have to teach our young people financial basics. the crowd running this place clearly didn't understand a lot. unfortunately a lot of their investors are losing money now. maybe could have benefited from some better education. but i am surprised. we saw very sophisticated people invest in this enterprise. obviously didn't do the kind of due diligence they should have done. david: yes. >> the influence this gentleman had in d.c., the kind of investment money he attracted, it was shocking things were just this bad and -- david: there were important regulators that were right there. apparently he was on the fast file of gary gensler, the head of the sec. i'm assuming that one of the reasons he was on the fast aisle because of the fact this guy was very careful about spreading money around to key political figures that might be on committees that would involve the regulation of a company like ftx. i'm just wondering if you're
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concerned that was going on? that he was greasing the hands, this guy was greasing the hands of possible future regulators? >> yeah. well i don't, look, i think, i know the current appointees, people who had the regulatory agencies including gary gensler and i would be very surprised if that were the case but the broader point i think you're making is right. he was spreading around a lot of political money, philanthropic money, recruiting a lot of names. he was building credibility not having a sound business by building a network of influential people and celebrities giving him validation. a lot of people who should not have fallen for that apparently did. i do think on the regulatory front the fact regulators talked with him, i don't think that implies much. when i was head of the fdic i had a open door policy meeting requests mainly because i didn't want people to think i pick and
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choose somebody with influence and somebody that didn't. the fact after meeting, but the broader point the way he was trying to peddle influence in d.c. was well-taken. david: the fact he had no funds to pay back the money entrusted to him by the customer base. >> that is the tragedy. david: i don't know a lot of people will get their money back a lot of them anyway. >> you showed the top 50. there are potential million, much smaller investors. proportionally they are the ones that will get hurt. a lot of young people. ftx, as most crypto heavily markets to young people at sporting events, et cetera. it really saddens me that so many people have gotten hurt, will be getting hurt from this and you know, the red flags were there my gosh, he published a interview in the financial times last april basically admitted to running a ponzi scheme. david: unbelievable. >> it is on the internet. look the up yourself there were
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a lot of red flags this wasn't quite right. it is sad nobody stepped up and caught it before he did all this damage. david: two final questions then, should these exchanges require some kind of a proof of reserves so that their customers are not left holding the bag. >> yeah. david: one, the second question is spillover to the rest of the market. go ahead. >> yes, so absolutely. whether it is regulated securities or a commodity there are strict rules and protecting customer funds that would have prevented some supervisory enforcement behind that would have prevented this from happening at least going forward that will apply to the crypto exchanges. the good news i don't think this will have any impact on the real economy. the sad part, crypto, there is promising technology behind crypto but most of it is used for speculation. it doesn't have real economic impact. not like the regulated civil which we saw in 2008 which
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people did rely on. the economy will not be hurt by this but a lot of individuals will be and that's very sad. david: you know, it is a really critical moment in the history of crypto because the blockchain technology as you mentioned is extremely important. this may be an attempt, maybe kind of a wakeup call to get the government and other crypto exchanges get everybody's house in order, right? >> yes. i think that's right and hopefully it's a wake-up call to investors to find companies that are actually producing something of sustainable value, not just speculation. david: right. >> yeah, we need regulation. that is not validating it. that is protecting people because there has been resistance to regulation. david: sure. >> that is not the case. it will say we need to protect people you can get hurt investing in this very volatile asset. i'm hoping that will be a good outcome of this tragedy. david: sheila bair, have a wonderful thanksgiving. thanks for sharing it with us.
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>> appreciate it. david: elon musk launching twitter 2.0. coming up the new challenges that platform is facing and the controversial accounts now that are back online. ♪ (jennifer) the reason why golo customers have such long term success is because the golo plan takes a holistic approach to weight loss. we focus on real foods in the right balance
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david: elon musk, i'm sorry. we're going to test are first. as you can see it is down 5 1/2% right now. there is some information 321,000 cars are being recalled for taillights problems. susan lee is joining us now with that. then we'll talk about tesla as well. about twitter as well. reporter: elon musk world. david: overall investment in elon musk corporations whether he might have lost his magic touch, et cetera. reporter: how much time, how much bandwidth does he have seeing three large companies, spacex, tesla, twitter.
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talking about the albatross twitter has become on tesla's neck, right? about it is having to sell more shares, whether the bandwidth in terms of time allocation as ceo himself. the headline flashed this is kind of expected because we did hear about these possible sales layoffs at twitter. it looks like bloomberg is confirming that elon musk has now laid off more of his sales staff at twitter. this was what, another, we had 1200 leaving last week. didn't want to be extremely hardcore in the ultimatum. that means less than 2500 are work at twitter that is a third of the employee population since he has overtaken the company. david: of course some of those who have left, of course they are more likely to badmouth the company but they suggested that there are so few workers there now, that you may have serious breakdowns in the machinery behind twitter. reporter: you heard this over again whether at "the washington post" or other publications saying that they may not have enough people to keep the lights on.
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i would argue 2500 people is still a lot. david: yes. reporter: not like twitter has not gone down with a full 7500 person team. it was getting a lot of attention over the weekend, did you partake in that elon musk poll? david: i must admit i did. i won't tell you how i voted. but i did. reporter: i won't ask you that. should we reinstate former president trauma? 52% said president trump will be reinstated. vox, that the voice of the people is the voice of god. does the 45th president come back on twitter. listen to his reaction. he said thanks, but no thanks at least for now. >> we're getting a big vote also to go back on twitter. i don't see it because i don't see any reason for it. truth social has taken the place for a lot of people and i don't see them going back on to twitter. reporter: trump is contractually obligated to be exclusive to truth social for a few years at
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least. david: of course. reporter: in terms of user numbers, i heard something between 10 to 20 million maybe on truth social. that is 1/10 of the 40 million daily active users of twitter. david: getting back to the first point, the question, i asked you this on the break, will he make back the $40 billion. reporter: everybody knows he overpaid. huge premium. tried to talk down the price. couldn't get anywhere, he basically signed an airtight contract. if he gets 44 billion-dollars back, that is already a win. if he loses no money. some people say that if it wasn't for elon musk twitter would be nowhere near $44 billion. david: this is a real test of his entrepreneurial genius we've seen on display many times before. if anybody can do it it is elon musk. reporter: right. if he has the bandwidth. david: if he has the bandwidth for it. susan, thank you very much. my next guest said speaking out about covid restrictions on
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twitter and other platforms coast her her job. former levi strauss executive, levi's unbutton, the woke mob took my job but gave me my voice. jennifer sey, i first have to ask are you amused hysteria, his tear ral reactions to elon musk? he is hero to the green world what he has done with electric cars. he is public enemy number one by pretty much the whole woke world right now. are you amused by this or does it scare you a little? >> i'm mostly amused. i will say all the hand-wringing about the layoffs at twitter, meanwhile 25 million people lost their jobs due to covid lockdowns and i didn't see any of this hand-wringing about the ceos that did this. david: right. >> right now amazon and meta/facebook said they're
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laying off 10 or 11,000 employees. i don't see headlines and hand-wringing and hysteria about this. you know people are decrying his decision to not offer free lunch at twitter anymore. people are not in the office. they were not eating the free lunch. like any opportunity to criticize this man, the press will take because -- david: other news organizations by the way, i should mention, like cbs news just said they're deplatforming themselves. they're getting off of twitter as a result of their concerns about elon. i never heard their problems when the censorship was taking place of legitimate news stories like hunter biden's laptop. there was, that was a legitimate news story that was censored off of twitter. i didn't hear any peep from cbs, other news organizations back then? >> yeah. i mean there was none. i'm very invested personally in elon's stated reason for wanting
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to purchase twitter. his stated reason is to bring back free speech to twitter. that is basically what my book is about. the need, the very urgent need to bring back a culture of free speech in this country where private companies aren't acting as an arm of the government to sensor people. so i am you know, i'm holding my breath right now. he brought back trump as you just talked about. there is a lot of voices who pushed back on the mainstream covid narrative who are not back yet. i would like to see those folks brought back. i would challenge elon to do so. people like dr. robert malone, naomi wolf. my own husband daniel is still banned from twitter. all these folks said things that are proveably true but were banned for covid misinformation. david: the bottom line is, you need one heck of a backbone to stand up to the woke mob because they are everywhere. they are not only in twitter but
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in all the corporations, you're a witness what happened to you as a result of speaking your mind. thousands of other examples where a woke corporate board, in fact we're talking about disney. there is a lot of that in the whole disney story as well. do you think that elon, first of all has the stamina to continue to stand up to the woke mob and might he succeed? >> i think he does have the stamp no. as far as running three companies he has said publicly he will have somebody else running twitter. let's give the guy a second. he just took over and when a company transfers hands as you know, i know, there is always a little little bit of bumpiness, chaos, you don't have headlines about it all over "the new york times" and everywhere else. i think he has the stamina. i want him to make good on the promise of delivering free speech again through twitter. i think it sets the right example. there is a lot of folks to bring back to make good on the promise. if you don't like someone, don't
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follow them. that is your choice. you don't have to listen them. i want him to bring back trump. i don't follow him. it is that simple. david: simply, we got to run, the world cup, might that be sort of proof that he can make, find a revenue stream for twitter that wasn't there before? >> yeah. i mean he has got to manage the costs. he has got to generate revenue. it has not been a profitable company for a long time. i'm hoping he gets a ton of traffic, bring folks back. i hope he runs a profitable company and deliver on the promise of free speech. david: i said to susan if anybody can do it it will be elon musk. >> i agree with that. >> jennifer, thanks very much for being here. i appreciate it. turkey's gobbling up america's wallets out there and it has got some people turning to chicken. how the ceo of butterball is combating this new trend after the break. xtraordinary landscaps into the heart of iconic cities is a journey for the curious traveler,
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annual tradition as americans prepare to hit the roads for what is expected to be the highest thanksgiving gas prices ever. that is not good news. fox news correspondent mark meredith is at the white house with the details. i saw your excellent coverage of the pardoning by the way, earlier. it was great stuff. reporter: thanks, david. i try to make my parents proud every thanksgiving. good afternoon to you. as you can imagine at the white house they're getting into the holiday spirit even a little bit early. you mentioned the turkey pardoning. the white house christmas tree will be coming in. you talked about the president taking part in that tradition, offering pardons to check late and chip which means they will not be eaten. the president kept the remarks fairly light. he talked about how much the country has to be thankful for as the what the country and not to mention the world faced last two years. president biden: two years ago we couldn't have safe thanks giving with large family
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garters. now we can keep it going. new covid variants to protect you and your loved ones. reporter: president is talking about covid. online his chief of staff is talking about gas prices. you can see on the screen, gas prices are own the decline. one in 10 pumps are below $2.89. that price is still up from where they were when the president took office. gas prices are falling, consumers are dealing with higher prices when it comes to feeding their family. the american farm bureau reports average cost of thanksgiving feast for 10 people is up 20% from last year alone. essentially do the math, 10 bucks more per guest. the group writes general inflation, slashing the purchasing power of consumers is a significant factor for contributing to the increase of average costs of this year's thanksgiving dinner. of course consumers are not just about eating. david, what else do they like to do around thanks giving? they like to go shopping. of course black friday.
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interest rates are going up. it will being more expensive for people swiping the american express cards to get the holiday deals. i wish we had more good news. at least it is nice weather. david: you asked a question, you answered it. i was not going to answer shopping. watch football on tv. you can still stay home to watch football. that is thanksgiving tradition. david: still free, too, something which shopping is definitely not. thanks very much. this thanksgiving more americans are turning to chicken as inflation pushes up the cost of a turkey. joining me now is butterball president and ceo jay jan-drin i know this is music to your ears, that is sacrilege. there is absolutely nothing, nothing like turkey on thanksgiving. you smell it early on, if you're lucky enough to have a wife or a mother or another spouse that can, that starts cooking early in the morning. you wake up to that smell and then of course there is nothing
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like having it at a table, at a thanksgiving table but are you worried that some people might substitute chicken for it? >> well, certainly agree with you on your point about smelling the turkey cooking early thursday morning that is a great smell. it brings back a lot of memories. i have not seen any data at all around the chicken substitution for turkey. we do know work we've done prior to the holiday, 90% of those we surveyed plan to celebrate the holiday. 85% will have turkey at the centerpiece of the table. that is consistent what we've seen before. we're not expecting a change there. we know we're shipping a lot of turkeys this year more so than last year. david: good. >> survey work we've done at stores recently show very few of our turkeys are left. looks like sell-through is good. david: last year because we were suffering for all the supply
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chain problems there was a shortage of small turkeys. any shortages we deal with because of supply chain problems? >> no. we expect everyone that want as turkey will get one this year. we shipped more product this year than we did last year. so far what we're hearing from retailers pull-through is good. there are no shortages and everybody should be able to get exactly what they're looking for. david: what is the toughest thing for turkey farmers? what is the kind of product? are they having trouble getting feed or fertilizer? what is bothering a lot of turkey farmers out there? >> well the challenge certainly has been with feed, not a lack of feed but the cost. we actually bear the brunt of that the way our operation is set up. we provide feed to our farmers who grow turkeys for us. we all know too will how expensive that is into the cost of the product. that is the single largest cost we see. so it is very, very difficult. >> what about transportation, jay?
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we all know the price of diesel fuel never has been as high as it is right now. that must be be a big problem fr you guys, right? >> our transportation warehousing cost is going up. something we look next year. we don't see that going away anytime soon. that is a challenge. we have a number of very smart people in our group working to try to minimize the impact of that how we manage our freight and our distribution. they're doing a lot to work with our customers to make sure we can minimize that. to take costs out of the supply chain all together. from a rate basis we're seeing elevated cost there we expect to see more next year unfortunately. david: jay, it is just a fact that democrat administrations tend to be heavier handed when it comes to regulations. is there anything that this government could do in terms of deregulation to make your job and turkey farmers have an easier job of it? >> well i know, you know, certainly a great deal of what our government is doing looking out for the safety of the
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consumer. we certainly support that. david: yes. >> there is nothing really outstanding that says, boy if we got rid of this regulation it would make things a whole lot easier. some oversight is good. we'll work within what we've got. to make sure we follow the rules of the game, provide a safe, whole some product to our consumers. david: northeast is full of wild turkeys. there are a lot of people out there who might think to get one of wild turkeys. i think there are laws against there, aren't there? >> depends. you want to make sure hunting you're within the season limits. david: exactly. jay, happy thanksgiving to you. i can't imagine that your household is without the smell on thanksgiving, right? >> oh, absolutely. both inside and out. we have one on the grill and one in the oven. david: i envy you. it sounds wonderful. jay, thank you for being here. happy thanks giving to you and your family, we appreciate you being here. >> you too and happy thanksgiving.
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david: you too. with the holiday travel season kicking off today we're live at the one of the country's busiest airports as millions of americans get out of town on thanksgiving ♪ good luck. td ameritrade, this is anna. hi anna, this position is all over the place, help! hey professor, subscriptions are down but that's only an estimated 15% of their valuation. do you think the market is overreacting? how'd you know that? the company profile tool, in thinkorswim®. yes, i love you!! please ignore that. td ameritrade. award-winning customer service that has your back. my husband and i have never been more active. shingles doesn't care. i go to spin classes with my coworkers.
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>> stay in the house. it is not worth it. nothing open anywhere. >> three layers underneath. three layers on top. coat. last few years it has been like this is normal buffalo weather. >> we're in buffalo. this is what buffalo is about. this is what we're known for, the weather. if you can't drive in the weather, don't drive at all. >> do you like this kind of weather. >> no, i can't stand it. >> we're due for real bad weather. david: it was a hell of a storm, western new york digging out after historic snowfall this
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weekend with parts of the buffalo area seeing 80-inches, eight, zero, inches of snow. jason frazier is here with more on the storm. it was a whammer. >> a lot of kiddos certainly enjoying see all of the snow here but it had major impacts in terms of the buffalo area. you mentioned 80-inches in the buffalo area. it was orchard park that saw it, nearly 80 inches of snow. over in hamburg, they saw nearly 71 inches of snow. over in eden they saw nearly 50 inches of snowfall. for some parts of western new york, this is what they see in an entire season. to see it all within 48 to 72-hour period is absolutely mess mesmerizing. look at the wind, is sustained at 21 miles an hour. when you factor in the wind with the temperature it feel as though it is 24 degrees outside.
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we'll continue to see the winds gusting at 48 miles an hour. that means the folks in western new york, all of the snow that fell on the ground there it will be blowing. it will be a miserable day up in buffalo. but the good news here overnight we'll finally start to see the winds here taper off here. we still have wind advisories in effect not only buffalo, extending into rochester, even watertown, in are places where some of those winds are gusting up to 50 miles an hour. 40 degrees for high temperature in the buffalo area tonight, going down to 24 degrees. when you factor in the wind that means it will likely, david, feel as though it is in the teens. brrr. david: oh, it ain't even thanksgiving yet. thank you very much for that report. meanwhile 55 million americans expected to travel for thanksgiving this year. fox business's grady trimble is live from chicago o'hare international airport.
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grady? reporter: david, in terms of flying we're basically at pre-pandemic levels, in terms of overall travelers, aaa says that this thanksgiving will be the third busiest for travel since it started tracking those numbers more than two decades ago. let's take a look at the numbers. they estimate around 4 1/2 million americans will take to the skies for turkey day travels on sunday. tsa says it is ready to screen more than 2 1/2 million passengers. united airlines says on that same day, sunday, it will be busiest day since the start of the pandemic. but there are questions about whether the airlines can handle the holiday rush, especially after those mass flight delays and cancellations we saw in the spring and summer. even though almost as many people are flying as in 2019, there are not as many planes in the sky because of the shortage of pilots and other key staff. that smaller supply combined with strong demand and high jet fuel prices we talked about it a lot. that means you're paying more to
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fly this turkey day. the travel booking app hopper be says domestic air fare is up 8% from last year. the average cost of a round-trip in the u.s. is $380. we talked to travelers about whether they're noticing the higher prices and what they're doing to get around them. >> oh, absolutely. it's way up. reporter: what do you make of how expensive flights are right now? >> triple what i used to be paying. luckily we had miles so we didn't have to pay. it is outrageous. >> they are a lot higher than normal. we planned accordingly, saved miles, saved money to make sure we make this trip. reporter: good time to cash in the airline miles. as we speak, david, transportation secretary pete beauty bought is here at o'hare. he will talk about infrastructure fund towing expand airports. he will talk about staffing shortage. unfortunately it's a little too late to do anything about
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thanksgiving and christmas travel. we can only hope everything goes smoothly this week. david: the week of thanksgiving is a little too late. grady, thank you so much. coming up pet crisis at the border. the founder of great american cleanup how he is helping dogs who were abandoned or separated from owners trying to come into the u.s. a heartbreaking story coming up next. nicorette knows, quitting smoking is freaking hard. you get advice like: just stop. go for a run. go for 10 runs!
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best move i've ever made. ask your dermatologist david: the border crisis continues no matter what secretary mayorkas calls it as dhs prepares for the end of title 42 next month. fox news correspondent bill melugin joins us from new mexico. bill, what is the latest from there? reporter: david, good afternoon, to you, last week we have once again heard dhs secretary mayorkas claim the border is secure. i can tell you that is not what we've been witnessing on the ground in the el paso sector. look at video of our team shot over the weekend. compilation of numerous groups of men scaling this border wall behind us. going off running into the desert of the united states heading towards neighborhoods in new mexico. some in front of my car. others were sneaking through the brush. there were no border patrol agents around anywhere. we didn't see any of these men
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ever get caught. meaning they are presumed got-aways. at the border last month alone in october, cpb sources tell us there were more than 64,000 of these known got-aways at our border. all the video you're looking at from a 200-yard stretch, teeny part of the border over the weekend. look at video we saw in the el paso area. we went into the city across from el paso where migrants were crossing illegally. we found numerous holes cut into the border wall migrants were using to breach into the united states into the el paso area. once we get through the holes in the wall, they are flaps. they cross the river. there is another chain-link fence they have to get through. there are holes cut into the chain-link fence. they are into the united states as got-aways. there was clothing on the ground. there are a pair of bolt-cutters. that area not a whole lot of resistance to get into the united states. video out of eagle pass, texas,
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yet another enormous single group of migrants crossing illegally at same time. 400 people in size at the climax of that group. you can see what a drain it is for border patrol resources. numerous buses. numerous vance, a bunch of agents have to process these folks. that pulls agents off the front line elsewhere. why is that such a problem? back out live in the el paso sector, last week agents arrested a convicted child sex predator, convicted for abuse of a child in the state of maryland. that is why it is so important to have agents on the front lines arresting these guys requiring to evade. david: i hope they have some family time this thanksgiving weekend. they deserve it. so do you, bill. have a great thanksgiving. appreciate it. the border crisis impacting more than humans. dogs are making the journey through mexico to the u.s. only to get separated or abandoned at
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border. great american clean up founder, veteran, john roarke who returned from a major dog rescue in eagle pass, texas. not for a minute do we want to minimize the human suffering here. there have been over 900 people who died this year as a result of failed attempts to cross over. it is just awful what is happening to humans but what happens to dogs is really heartbreaking as well, right? >> yes, it truly is. just think about these people are bringing their pets across the rio grande from countries far and wide. it is because they know that the border is wide open, so much so that they're willing to bring their pets with them. so when they cross the rio. david: that is great point. >> they encounter a border patrol agent, once they encounter the border patrol agent they're not allowed to bring pets with them. a lot of pets are not spade or neutered. they leave them at the border. these dogs repeatedly having puppies. there are literally, hundreds, thousands of dogs running wild
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all over eagle pass and del rio. i'm sure it is every border town along the border. david: we don't have much time, how do you rehabilitate animals? >> a lot are covered in ticks and flee fleas. 40 dogs we were payable to rescue. we'll rehab them down here at the big dog ranch rescue. they will be up for adoption hopefully the next month or two once they're through rehabilitation process. david: do you have enough people willing to adopt them? >> of course. yeah. there are tongues of people have been messaging on social media, hey, when will they be up for adoption. would i love to take one of those off your hands. when adoptions are down 60, turning dogs in up 40%, surrenders, because of the the n administration, inflation, price of everything. people cannot afford the pets. they're letting them go as well.
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that is a big problem. david: what a tragedy. it is great how you can rehabilitate these animals. we don't want to minimize at all what the human beings are suffering which is horrible. congratulations for our work john. >> of course. david: wee appreciate you as always. stocks pulling back to start the week. we're tracking all the latest moves. wait until you see what is happening today to tesla. details coming up after a break. .... ♪
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