stuart: i know that is kelly clarkson. the producer put it in my ear

but i know it. good morning, everyone. 10:00 eastern. straight to the money, slight improvement in stock prices. we opened with a loss of 200 points. now we are done one hundred 80 and the nasdaq is down one hundred 20 points but there still reading on the left, tenure treasury yield 3.51%. the price of oil down to $74 a barrel. i should tell you gas prices down another $0.02 overnight, national average for regular is at 317, than there is bitcoin still right at $17,000 a coin. can't figure that one out. now this. november 9th, the co-ceo of ftx held a conference call with the director of the bohemian securities commission and spilled the beans on what sandbankman-fried is up to. then ftx was bankrupt.

rapid collapse began and ruin in the suit. backing a charlatan doesn't make you look good. there are new developments that may explode and explosive story. several news outlets have gone to court, they want to know the names of all account holders including the big investment firms who may be sitting on losses they have yet to disclose. if all the names are revealed many investors will suffer reputational damage. then there's the question of clawbacks. any payments made by ftx in the 3 months before bankruptcy must be returned. in a bernie madoff case clawbacks reached back years. a lot of people may be forced to cough up the money they received. stanford professors joseph bankman and barbara-fried. they were paid by ftx and that may be clawed back.

they lawyered up. the new york times says their legal bills alone will bankrupt them. must be a lot of people who are very anxious. will their names be revealed? will what is left of their money be clawed back, this is what happens when smart people are caught up in fear of missing out and bamboozled by a guy in baggy pants and a stained t-shirt. second hour of varney just getting started. stuart: molly hemingway joins us, good to see you this friday morning. a lot of people are going to be ruined financially and their reputation ruined as well. what do you think? >> this is an amazing story in part because teams the signs were there for so long that this was an unwise decision. this man was so well connected, he had done such a good job

paying off powerful people in washington dc and elsewhere and not enough has been done already. i look forward to seeing what happens. stuart: i want to point something out, the cohost of the view absolutely raging against the royal family following the release of the harry and megan netflix series. roll tape please. >> i don't think it can compare are suffering. they are suffering and they took over their narrative and have every right to do that and i think what they went through in terms of how racist that family was against her and the country was against her that is something king charles can handle and can take care of and seems not to be able to do that. stuart: a racist family under racist country. have a go at it. >> everyone should find someone

who loves them as much as sunny austin loves meghan markle, she has been such a defender of hers going back and this documentary has done well for harry and megan making millions of dollars but one of the things that is interesting is it does show that megan finds the way race is handled in the uk different from the way it is handled in the us and was unprepared for it. hard to say that someone who is so wealthy, made so many millions off of telling the story is somehow oppressed in a way people can relate to. stuart: prince harry had absolutely everything. he gets married to an american actress and loses everything and leaves the country almost in disgrace. this is so surprising to me. i was born and raised in england. this is a total shock to me. >> i think he should have done a better job preparing her for

what was in play. little girls in england corrupt differently than little girls in the us, she did not seem in any way prepared for what was about to hit her, what responsibly was or how people would perceive her new role. i think harry bears some of the blame for not protecting his new wife like he should have but it is astounding. what i find interesting about this couple they don't seem to understand how they are being perceived or why things didn't go well for them in their new role because of their lack of gratitude for their positions. stuart: thanks very much for being with us this morning. may i wish you a merry christmas? >> you too. stuart: you on musk suspended the accounts of several journalists. your turn. why is he doing that? lauren: they have done a twitter space with some of those suspended journalists including the washington post's drew harwell but also donnie

o'sullivan of cnn and elon musk told them why. >> sharing information about the manas real-time location is an appropriate. there's not going to be any distinction between journalists and regular people. everyone is treated the same. lauren: how about that for direct? they will be suspended for 7 days. this is the issue a lot of people have with this. yellen musk says he is a free-speech absolutist and draws the line when it comes to sharing information of location so he asked his 120 million followers should twitter unsuspended accounts who sent my written location in real-time, 43% said not only yes but yes, do it now. stuart: i wonder if he will. i don't think he has yet.

we will go back to the markets and the man who has been right largely for some time joins us now. a big smile, eddie ghabour. you are looking for 20% drop in stock prices from their current levels starting soon. make your case. >> the federal reserve put the nail on the coffin of anyone thinking about a soft landing. i will share what i told our clients. we have been saying this all year. it is going to be a hard landing whether we like it or not because the fed made clear we need to adjust to the new normal of higher interest rates, they will be raising rates. the set up for next year for companies is the cost of capital is going to be double and more than double for many companies. if they refinance their debt in

2023, compressing margins even further. businesses have consumers, they will spend less money and pay higher wages and now the cost to run their business from a capital structure perspective will get hammered because of what is happening on rates. this valuation on growth has to get reset to the new normal and to me i don't think that is an outlandish call. the fed is telling you what they are going to do. they are saying the same thing for 6 months, yet people want to give this narrative of why they are going to change. my wife tells me, me being so directed us trouble but i don't bs my clients was when the setting looks like a hard landing i'm not going to paint a rosy picture. stuart: the counterargument is jay powell is trying to establish his credibility and therefore coming on strong. would actually moderate the rate hikes a little later. if he's doing too much damage to the stock market, there is that argument. you discount it?

>> i will say this. the market is priced in as slower rate cuts go into the future. rate hikes, i apologize, going to the future but let's remember when the fed comes in because the economy is in such bad condition they need to stimulate it, that happened in the last few crashes, the market continued to sell off so the narrative of the fed has gone to save us or lighten up. they will lighten up when the data is deteriorating and the market will selloff in advance of that. it is a forward-looking indicator so markets will selloff over the next few months and i do think the fed will call their bluff but by then the carnage is already done and those with cash hopefully have been buying through the entire time period. stuart: since you have been talking the dow lost a hundred points. do you have anything to do with that? do you have that kind of power in the market? merry christmas to you. hope to see you soon. >> merry christmas.

stuart: we are looking at the movers after we looked at the market and i think travel zoom is moving up 4%. lauren: what recession? when you look at the delta prediction from the other day you are looking at this. it is looking pretty good when it comes to entertainment and experience splurges by many americans. stuart: darden restaurants. lauren: sales rose 7% from last year but their profit slipped and they slipped by 3% because their costs to operate have gone up. inflation still with us. blue and digital world acquisition. >> looking to take trump's truth social public, when we do not know but it was announced october 2021. now we know the cfo and two directors have resigned, no reason why. we are told no disagreements or

anything bad or foul but those 3 figures have resigned. stuart: i am seeing the year 2022, the current calendar year, is going to go down as the worst year for ipos in 40 years. lauren: yeah. the relentless fed, the more in ukraine, recession fears. look at these numbers from renaissance capital. 71 companies ipo this year compared to last year, 397. the us they are the ipo raised $7.7 billion, $142 billion last year. that is a drop of 95% so yes. the ipo market has dried up. investors are nervous. they can't see the future clearly and are not ready to make their public debut just now. stuart: understandable. the mayor of new york city facing backlash over his plan to take mentally ill people off the streets. wonder what new york city council member joe borelli

thinks of the plan. he will be with me in our next our. 400 iranians facing a lengthy prison sentences for protesting. how should the us respond? i will ask former ambassador kurt volcker was on the show. russia promises consequences if the us goes through with plans to sent patriot missile defense systems to ukraine. this as the kremlin launches a barrage of missile attacks across the country. nate foy has the latest from kia. kyiv. (fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when our clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different.

chevy silverado factory-lifted trucks. where will they take you? ♪ ♪ (dog barks) ♪ silverado zr2, trail boss, and custom trail boss. because adventure is everywhere. ♪ what will you do? will you make something better? create something new? our dell technologies advisors can provide you with the tools and expertise you need to bring out the innovator in you. (vo) businesses nationwide are switching to verizon business internet. (woman) it's a perfect fit for my small business. (vo) verizon has business internet solutions nationwide. (man) for our not-so-small business too. (vo) get internet that keeps your business ready for anything.

from verizon. i always want to know more about my family history. we sit down at the kitchen table, pull up the ancestry app, drink our coffee looking at all the information, all the tiny details. dad, check this out. colorize it. -look at that. -wow. everyone has color. look at that afro. that was the style. you had to have it, otherwise you're not cool. see what else we can find here. wow, i'm getting good at this already. give the gift of family at ancestry. nevada gold exploration is at record levels, and getchell gold has just released its first resource estimate. with major discoveries in nevada and results still coming in, they're set for unprecedented growth. getchell gold.

it's official, america. xfinity mobile is the fastest mobile service. and gives you unmatched savings with the best price for two lines of unlimited. only $30 a line per month. that means you could save hundreds a year over t-mobile, at&t and verizon. the fastest mobile service and major savings?

can't argue with the facts. no wonder xfinity mobile is one of the fastest growing mobile services, now with over 5 million customers and counting. get in on the savings and switch today. first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something. i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. an increased risk of infections some serious... and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. neil: earlier in the show we suggested maybe the dow and other indicators would end the day higher.

we are down 370 points and anyone down for the nasdaq. russia has fired 60 missiles into ukraine just this morning, 40 of them aimed at the capital city, kyiv. nate foy is there. what's the damage? >> reporter: it is significant. right now ukraine says half the country is without power as result of this massive russian missile strike. mention 40 missiles targeting the kyiv region. the number right now according to the perlman or information, 76 missiles. look at this video from early this morning, the missiles hitting here in kyiv between 7:00 and 10:00, critical infrastructure is damaged. 9 apartment buildings are damaged. water supply is limited, multiple injuries in the kyiv

region. look at what we found after the strike. 40 missiles fired at kyiv this morning were shot down not far from where i am and ukrainian authorities say this is a fragment of that missile that was shot down. the bomb disposal team is neutralizing the warhead on the missile so this entire area is blocked off for everyone's safety, this is the second attack in 3 days. after a russian drone strike wednesday morning. >> reporter: what i was holding was the fin of this missile right here. you see a complete picture of damage, not confined to kyiv. the mayor of kharkiv says they have colossal damage to their energy infrastructure. so far ukraine says two people were killed when a missile hit an apartment building southeastern ukraine and 5 people were injured in the same strike. back out here live, this is the

seventh mass russian missile strike in ukraine since october but with 40 missiles targeting kyiv it is the largest single strike on ukraine's capital about the war. stuart: ukraine's military says russia is planning for a long war. kurt volcker joins me. is a time for peace talks? >> not at all. putin is deliberately trying to kill civilians, kill the energy sector, use winter as a weapon of war. this is barbaric and giving him territory will not cause him to stop but will cause him to keep going. stuart: we should get patriot missile batteries there to repel these incoming missiles. >> the sooner the better. we knew this was going to be russia's tactic and should have

been moving these things much faster. stuart: putin is warning about the consequences of delivering the patriot missile systems to ukraine. seems to be rattling his nukes in the background. >> they are trying to get inside our heads. they are throwing anything they have so they will not throw much more at it when these patriot missile's come in. we already provided other forms of air defense systems, short-range and medium-range. the thing about the patriots is they are accurate long-range and this will help the ukrainians get better legroom to knock down more of these missiles the russians fire. stuart: do you think we should give them the weapons that let ukraine win? >> utterly. >> get rid of all troops and ukrainian territory? >> that is exactly what we should be doing, lifting any restrictions on the distance

mortar shells or artillery shells can fly, helping acquire more fire aircraft, making sure they get the munitions they need to take out the facilities they can't reach even inside ukraine like the bridge or naval base the russians used to terrorize shipping on the black see. they should be getting everything they can right now. stuart: stay there a moment. i've got something else for you to deal with. a soccer player in iran was just sentenced to death after joining the protest there. details please. lauren: 26-year-old arrested in november accused of involvement in an armed group said to be responsible for the death of 3 security officials during protests. those protests spark after the death -- the improper wearing of a hijab. the iranian government said

al-zadani wage the war against god, the second person sentenced to death in connection with protesting, 3 of those 28 individuals are children. not teenagers, children. stuart: mr. ambassador, kurt volcker, please come back. 400 protesters arrested in iran, several sentenced to death. what should our position be? what should america be doing? >> we should be speaking is much as we can, supporting the opposition, letting them know that their fight is just and they have broad international support and calling on the regime and adding to sanctions we already have, to say they must stand down, killing their people like this will only backfire for them and in the end the only thing that will satisfy is a regime change in iran. we should be doing everything we can to create conditions to

bring them that about. stuart: there's no further talk about nuclear deal? >> it is impossible at this stage. killing people just for protesting as they are doing and shows there word is worthless, doing a deal with them now to be torn up again later as they continue to pursue whatever it takes to stay in power and have a nuclear weapon. stuart: what do you think the chances of regime change in iran? >> eventually, we saw it in 79, it can happen again. but it's going to be a difficult and painful process for the people but look at the numbers, how many people are seeking change, can't last forever. stuart: mr. ambassador, thanks for joining us. a new university taking on woke this in education, already raised millions of dollars.

we will speak to a professor from the university of austin who is teaching courses on free-speech on campus. the clock is ticking on tiktok, new data shows how dangerous the apps is for teenagers. hillary vaughan reports after this. ♪

neil: market still showing reading, dow is down 360, lauren is looking at the movers and i want to start with ford motor company very much in the red. lauren: they hiked the price of their electric truck the $56,000. the cheapest at 150 is going up by $4000. they blame the supply chain and higher cost for materials. stuart: how about moderna. lauren: the fda plans to hold a meeting of outside experts in january to discuss how the new covid vaccines should be modified. that is making some investors nervous, stock is down 4%.

we one shelley maxar technology which powers google maps. lauren: also high-resolution images from the ukraine war. they are being acquired by $4 billion deal. stuart: doubling the price. good company. new data shows how tiktok's algorithms are dangerous for teenagers. hillary vaughan joins me. tell me some of the content the apps is pushing. >> reporter: this is important for parents who have teens on tiktok. what they are seeing will be disturbing. researchers set up eutectic accounts, setting the age to 13 years old. researchers paused briefly on videos about body images, liked those videos and tiktok's algorithm recommended to them will shock you, researchers say in 2. 6 minutes tiktok recommended suicide content within 8 minutes, tiktok served content

related to eating disorders. every 39 seconds, tiktok recommended videos about body magenta mental health to teens. it is not just parents who are concerned about the safety of tiktok, government officials have concerns too. some states started banning the apps due to national security concerns. >> it is a large step that it would take to say you will ban it on private platforms and i don't think we are there, let's say where you need to go based on the specific intelligence and risks associated with it. >> reporter: the senate passed a bill banning tiktok on government devices, the house needs to vote on about the white house is not taking sides. they want to sign the ban into law. >> a range of applications that are not allowed to be used on

the white house and other federal government for security reasons including tiktok and let congress go forward their processes. >> reporter: tiktok influencers created content with some of them like this video skip with jen psaki and influence are benny drama. we asked if they would continue to create this content, or if they will continue to engage with tiktok creators. we can't get a definitive yes or no answer on that. stuart: why am i not surprised? the university of austin founded last year. it is meant to be a 3 speech alternative. they raised $100 million. a founding member of the university joins me now. am i correct in saying the new university is committed to meritocracy first and foremost?

>> years. imagine that, radical concept in our current academic system based on merit, whether it is promotion and who gets accepted. stuart: you left the university previously. you left it. why did you leave? >> because the institution had been taken over by the dominant orthodoxy. it goes by many names, social justice, etc. . made teaching my job so many other people, made teaching my job in moral philosophy ethics. stuart: i believe you are already open, doing some classes online out of dallas if i am not mistaken. what is the reception you are running so far? >> classes are on the ground

and it is in dallas, myself working with some students, phenomenal called the for been courses program and students love it, the highest quality of students. we had at some point for various fellowships, these are the top of the top students. what is also fascinating to me and to many people is we had 5000 applications from faculty and professors around the country and many of those were before the university opened and the comments were amazing, can't take it here anymore, this is an insane asylum, you've got to get me out. i will teach for half price. people are sick of it and looking for something based in truth, based in merit, based in reason and evidence based on intellectual diversity. stuart: what a concept.

i want to bring to your attention something in california. the to make you a university school board voted to ban critical race theory in their classroom because there's 3 more conservative board members, your reaction to that. >> it's not a conservative or liberal issue, it may be true conservatives are taking up the mantle but if a school system are teaching something like phrenology and somebody was looking at bumps on someone's call to measure their intelligence and someone was against that it doesn't make him a conservative or liberal, makes them evidence-based thinker, critical race theory itself is a dangerous toxic nonsense was the question is what should we do about? should be interrogated or

banned or academic freedom for people to teach these things? how we deal with it is another question. it's not a considerable issue. stuart: when does the university of austin open. >> 2024. we have fellowships, forbidden classes, youaustin.org, parents can follow it. if you're a student and went genuine conversations about difficult topics this is the place for you. stuart: thank you for joining us and we wish you the best of luck. >> thank you so much. stuart: see you later. we want the first ever children's awards dominated by woke. lauren: was intended for families and children under the age of 15, sexual and gender identity issues were seen throughout the show in the

performances and acceptance speeches. two award recipients called out lgbt q you ia in their acceptance speeches and muppet babies, it received an award for outstanding writing for a preschool animated program and specifically highlighted the character gonzorella, they decided let's use this specific episode when they could have used another one. there was identity themes throughout. stuart: thanks for telling us that. lauren: i played that straight. stuart: the los angeles city council is running a warning that reads fewer discretion advised before their public meetings. wise a warning needed? i will ask our california guy, steve hilton. prices on a store shelf jumped 12% year-over-year.

breakfast is the most expensive meal of the day, grady trimble will tell us which items are causing us the most. ♪ ♪

my asthma felt anything but normal. ♪ ♪ it was time for a nunormal with nucala. nucala is a once-monthly add-on treatment for severe eosinophilic asthma that can mean less oral steroids. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you have a parasitic infection. may cause headache, injection site reactions, back pain, and fatigue. ask your asthma specialist about a nunormal with nucala. ho ho ho! not again... oh no...

for the gifts you won't forget. happy holidays from mercedes-benz. see your mercedes-benz dealer today for exceptional offers.

the refrigerator is greg's happy place. my kids eat. but i finally figured it out. we can get all that we need and then a little bit more at walmart. ♪ the global drone market is $58 billion industry. volatus aerospace provides integrated drone solutions for commercial, industrial, defense applications and public safety, maximizing the potential of drone technologies around the world. volatus aerospace.

neil: the selling is getting worse. we were down 350 a few minutes ago, now we are down 407 on the dow, the nasdaq is down for points. read inc. again. i'm not really surprised. lauren: the pace of the decline, homes are still expensive.

and from spring to fall of this year, flipping profits, 8.5%, $62,000, when you flip. it is not the size that is concerning, it is down 18% in one quarter time and that's the fastest in 10 years. stuart: inflation has made breakfast more expensive. sitting next to me in new york city, grady trimble brought a bunch of breakfast items. which items are we paying a lot more for? >> reporter: i brought the spread. i have to bribe with food to get in. agassi you might not be surprised, we are talking about this a lot, it is special

because of the bird flu going around. 100% doubled from a year ago, same for white bread, you have to have your toast, had to go from 155 to 185, that is a 19% increase from last year. coffee is a must have. i've got coffee, a pound of ground coffee is up 39% from a year ago. i'm not a milk guy but a lot of people are to start their day, that is up 15% from a year ago. the only breakfast food staple that has gone down in price from last year's bacon so bacon will cost less but only by $0.03 in terms of breakfast food. if you bring the stable together $5 more, going through these items, that adds up over time and we had disordered in from new york so guess how much

it cost? stuart: in new york? i would say 20. >> 22. they tacked on an extra fee because we didn't pay in cash. we to the surcharge for the credit card. stuart: surcharge for the credit card? i go to a diner regularly and for breakfast i do like two over easy with whole wheat toast and bacon. i notice the price of that has gone up $6 or $7. >> don't want to blame small business or restaurant owners because they are passing on the supply chain issues that are lingering, energy costs go pretty high. lauren: even the hairdresser, we had to raise prices because of added costs. it feels like an excuse. stuart: well done, you are in the middle of some awful weather, going back to chicago tonight where it is even worse. thanks for bringing in a full

platter, $22 spread. lauren: the prices were organic. we when i will revert that one. good luck, see you later. do you remember tiger king *carol basking? role tape. >> the mother teresa of cats. stuart: the mother teresa of cat rescue, that is interesting. ashley webster going to speak with carol. a thousand migrants in freezing cold temperatures in el paso texas, the white house insisted is prepared for the title 42. florida congressman carlos jimenez takes it on next. ♪ pay for what you need! (limu squawks) he's a natural. only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ a must in your medicine cabinet!

less sick days! cold coming on? zicam is the number one cold shortening brand! highly recommend it! zifans love zicam's unique zinc formula. it shortens colds! zicam. zinc that cold! researchers believe the first person to live to 150 has already been born. it could be you! wow. really? of course, you'll have to eat your greens, watch your stress, wear sunscreen... but to live to 150, we're developing solutions that help doctors listen to your heartbeat while they're miles away, or ai that knows what your body will do before you do. cool. introducing elevance health. where health can go.

when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds

over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up to me all the time and ask me, "does it really work?" and all i have to say is, "here i am. it works." my advice for everyone is to go with golo. it will release your fat and it will release you. first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something.

i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. an increased risk of infections some serious... and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. stuart: the read inc. has modified a little. a few minute ago down 400, now 388, the nasdaq down one hundred 20. it is what will happen with interest rates getting to the market today, yesterday and the day before. the white house says the spending bill will be a major test republicans readiness to govern. what else are they saying?

lauren: republicans are saying let's shine on to a short-term bill to get us through the holidays and hopefully january 3rd when they take the majority and have more influence on the spending level and priorities. where should we spend it and where our priorities? andrew bates, white house deputy press secretary accuses republicans of putting their agenda or the agenda of the ultra amag members above their job of governing. either way the news is the conference did pass a bill to keep the government funded for one more week. one week, december 23rd and we are doing this again. if republicans whatever party is in the majority, they do have that say where they were elected to make changes and that is what they want to do, there's nothing wrong with that. stuart: now to the border, title 42 sets to end next week.

congressman carlos jimenez from florida joins us now. migrants are pouring across the border in larger numbers. is the title 42 debate relevant. >> after title 42. they will not stay in the united states. there's a great chance they will stay in the united states. stuart: sorry to interrupt. they are encouraged to come here. we are flying them all over the place. you are encouraging it. >> we are. we have encouraged it from day one of the biden administration, the trump administration policies working to curtail the number of migrants crossing the border,

took spec 14,000 encounters a day, 5 million a year, new york, new yorkers spoke with customs and border protection agents, said he never said the border was under control which numerous times we said there is no problem at the border. not only a huge problem with the border, with fentanyl, and tens of thousands every year. stuart: if you had executive power. what would you do at the border? >> institute the remain in mexico policy. only 10% of those get the asylum relief, 90% sent back to the country. i would finish the construction of the wall which customs and border protection agents, give

them more technology. and follow american law which is not what the biden administration, his main job, he's failing miserably, failing america and americans are dying because of his failure. stuart: when will democrats and the president pay political price. for the open border policy? >> how many americans are dying of fentanyl overdoses, 80,000 a year are dying, 200 a dry dying of fentanyl coming through the border, the cartels are making $1 billion a year on human trafficking plus drugs, they should be labeled as terrorist organizations, we should do something about that and keep pressure off. when we take control of congress, and have mayorkas sitting there, migrants

crossing behind them, the borders under control. that brings attention to the border crisis, and anything president biden says. anytime he says anything, that is something that has been president biden's history through politics. stuart: thank you for being here. the mayor of denver declared a state of emergency. what's this about? lauren: title 42 which is about to end. the mayor's michael hancock. he says 250 migrants have come just this week, that drain space and staffing, denver is on the verge of cracking. >> this influx of migrants, anticipated nature of their rival and the current space and

staffing changes put immense strain on city resources to the level where they are on the verge of reaching a breaking point. lauren: he's a democrat and he said that. denver has seen 900 migrants arriving the past couple months but it in the recent weeks, tollett -- title for and next week, the city spent $8,000 on migrant shelters thus far, that is what you're looking at in el paso. el paso, texas, where there have been 53,000 migrants that have crossed since october 1st, four times the number for the last fiscal year according to customs and border patrol. stuart: can't be a generally called an invasion. with nevers like that. lauren: throughout the country everybody's budget, systems, schools, and healthcare is strange and the mayor said they weren't prepared for it. stuart: still had new york city council minority leader joe borelli, steve hilton, lawrence jones. in both parties there's a

demand for a new generation of political leaders. donald trump will be 78 in the next election, president biden will be 82, bernie sanders will be 83. maybe it is time to bring in the 40 or 50 somethings. that is "my take" next. ♪ omise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. ... visit findyourindependentadvisor.com

>> the federal reserve this week put the nail in the coffin on anyone thinking we're going to have a soft la