tv Varney Company FOX Business January 18, 2023 11:00am-12:00pm EST
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>> yes. i think it's rich that karine jean-pierre is basically, in essence, saying, listen, i've answered the question, don't ask it anymore, we don't the know what the answer is. >> it's interesting that all of this comes to light, was leaked just as he was about to make his announcement. so who doesn't want joe biden to run? >> these next two weeks are critical because we have a lot of earnings coming out from mega-cap tech companies next week and then a fed meeting after that. if the market stays resilient through that, that'll be saying a lot, but i don't think it will once we get through these next
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two weeks. the macro environment is getting worse, and until i see something different, i'm not going to be bullish. >> i'm looking to the second half of the year. stocks are going to recover simply because we'll stop raising interest rates. 5% is not a nightmare. i'm very optimistic that the u.s. economy a's going to do very well with this new technology aim. ♪ wow, i feel good, i knew that i would now ♪ stuart: i like this song. "i feel good." i think this is a great way to start the final hour of the show. >> we're almost halfway down with the week. stuart: i got you. >> i didn't know that. stuart: neither did i. i feel good. lauren: are oh, okay. fine. >> makes sense. stuart: all right, everybody, let's get on with it. 11:00 in the morning, wednesday, january the 9 death -- 18th, i'm sorry. markets, they've turned south, basically. the dow is now down 150 points,es and the s&p's down 4. the nasdaq holding on to a tiny,
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fractional gain. previously he were up about 1%. -- they were up about 1%. big tech, a mixed bag. her. amazon, alphabet, apple, up. the 10 is-year treasury yield, that's a news item today because it's down to approximately a 4-month low, 3.41 right now. it had been 3.39. that's the markets. now this. there's a battle coming in ukraine. if the west makes the right moves, ukraine could win. by winning, i mean pushing all russian troops out of ukrainian territory that they now occupy. i say go for the win. the two sides are lining up. the institute for the study of war says putin's ready to announce if another round of mobilization. he's gearing up for the battle. i say let the ukrainians take him on. there are signs that that is exactly what the west is going to do. if defense secretary lloyd austin picked up the phone and
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he calls israel's defense minister. they've agreed to send hundreds of thousands of artillery shells taken from american stocks held in israel. heir going to ukraine. that is a breakthrough. general mark milley, chairman of the joint chiefs, just met ukraine's top general. they are believed to have discussed american's m1 abrams battle tank. tomorrow senior military people from around the world meet at the american air force base in ramstein, germany. they'll discuss bradley fighting vehicles, germany's defense minister just lost her job week, removing an obstacle to germany delivering leopard tanks to ukraine. there's movement here. given the weapons they need, ukraine could win this. it'll take the resolve to face down russian threat ares, but we're now at a turning point. don't back off. the "wall street journal" op-ed, quote, tanks for ukraine are a no-brainer. "the washington post," quote, the time for incrementalism in ukraine is over. send in the tanks, end quote.
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third hour of "varney" just warming up. ♪ ♪ stuart: will cain with me this morning. will, seems like we're at a turning point in this war. i think we should send in the tanks. what say you? >> i appreciate your desire, stuart, to kick some ass, to win, to end this thing, i really do. i think that the -- i don't want to say we are monopolistic in terms of ready to go out there and win, but it's very american spirit. but i don't mean to be the contrarian, and i'm not going to be, i'm just going to be the voice of caution. here is the voice of caution when it comes to, well, something you might want to approach -- the proverbial you -- with humility, war. and that is in the: the history of russia, soviet yet union and pre-soviet union is such that the first year of war goes
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really poorly. i mean, they are getting whupped. and the story is to throw bodies after bodies after bodies and a huge population in a giant run the, the tide turns. it's world war i, world war ii the, it's what they tried to do in afghanistan. so i just want to issue a word of caution. when we feel we're at the precipice of a win to understand the adversary and how history has played with the add very sir sea when -- adversary when it comes to war. another note of caution, stuart, is we lly, ukraine -- understands the end of the war, the limitations of the war. you want to send those tanks in, let's be clear, they stop add the ukrainian border. what, i mean, the most troublesome part of the united states of america is if ukraine becomes an existential let to russia and, by extension the, vladimir putin. and then we're talking about that button. if it's existential, then it's nuclear, do the we understand the war stops when you have played all the defense you can, not offense and attacking inside
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of russia. that's a problem, i think, for the united states of america. stuart understood. let me pull back a little. instead of using the expression go for the win, supposing we send in the tanks, they push the russians back, and that crypts a situation where you could seniors peace aukes, where zelenskyy would accept that we've pushed them back, i don't know how far, doesn't matter. we've beaten their army, peace talks. >> yeah. stuart: isn't that a scenario which we might be working towards? >> so that's very rational, and that's -- and you're to be commended for the reason and logic behind that. let's get 'em to the point where you think it's a place where zelenskyy will accept peace talks, but that's the part of the human emotion and the chaos and the fog and the ambition of war that comes in. and that's the key, can nato, can joe biden convince zelenskyy of an acceptable set of terms for peace. and you have laid out, i think, a very rational win that you
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think would result in zelenskyy going, okay, we're ready to stop the fight. i hope that you are correct, that that would represent the end of the war. stuart: okay. will cain, the voice of caution. now this one for you. i'm sure you've seen this, will, but i want to know what you think about it. climate czar john kerry mocked for his speech in davos. you've got to watch this. roll tape. >> i think that it's so almost extraterrestrial to think about, quote, saving the planet. if you said that to most people, most people think you're a crazy, tree-hugging, lefty the, liberal, you know, do-gooder, whatever, and there's no relationship. but really that's where we are. stuart: do you have any -- in a moment, i'm going to talk about the dallas cowboys' football team, but do you have any comment on john kerry? >> yes, of course i have a comment on john kerry. let me correct the record for you, mr. kerry, for one moment. i don't think the takeaway anymore is when you think of yourself as an extraterrestrial that you're a lefty,
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tree-hugging do-gooder. i'm not under any pretense that you're actually attempting to do good or that you are really a lefty tree-hugger. i think you're an elitist who thinks of himself above the rest of human i the who can fly in g-5s while telling rest of us how many hamburgers we can eat. i think you and your friends in davos think you're extraterrestrials, and you'd like to be in charge of the rest of us. that's not how we see you. i don't care, actually, that you're a lefty. i care that you think you're an elite extraterrestrial. stuart: now you're talking, will cain. now let's get on to the cowboys. the cowboys play the 49ers on sunday. you missed aaron judge's 62nd home run because you were at the buffet. are you going to hold off? >> i'm a very, actually the, good multitasker. i played a game of 42 during the cowboys win over the buccaneers which is an excellent game i'd love to teach my american come
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englishman friend across the screen here. i can play and i won as the cowboys were whipping the bucs. the aaron judge, which i'm never going to live down, i was hungry, and it's not as important to me as a cowboys win against the niners. stuart, i'm going to leave you with this: i believe that everything on paper and objectivity and your very, very adoesn't skills of reason and logic would lead you to the niners. not me. i believe in faith and fandom and checking reason at the door. it's a super bowl run for the dallas cowboys. yes, a super bowl. stuart: he's getting serious. i'm supporting arsenal, but you wouldn't know about that. will cain, don't be a stranger. come back and urge caution anytime you like. see you later. >> thank you. stuart: back to the markets. mark tepper is back. you don't see a soft landing for the economy, do you? >> i don't. i don't. i think things are looking pretty ugly. you look at that new york fed manufacturing survey from yesterday, that was nasty the,
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like, -32.9, i think the worst we've seen since maybe 2009, i believe? so, look, this recession, we're not in it yet, you know? maybe we'll enter it end of the first quarter, beginning of the second quarter. once we enter it, we're going to be in there until the fed actually breaks the labor market. so the fed if has to control inflation, the fed has to make sure they properly manage employment. i know the mandate's called full employment, but we are at overemployment right now. we're at a position where employees have a lot of leverage over employers, and capitalism is a beautiful thing. it works so well when the labor market is in equilibrium. but when it's off kilter, all of a sudden it starts to disincentivize businesses from taking risks and the economy slows down, and all those thing kind of snowball. stuart: your going to be with me for the hour, but do you with see a significant decline in stock prices from where they are
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now? >> i don't know about significant. i would say -- i mean, is 10% significant? stuart: to me, yes. >> we could see another 10-15% pullback. i think we bottom out maybe beginning of the third quarter, and then i do think we have a mice run -- nice run into year end, and i think the s&p can finish maybe right around where it's at right now. stuart: okay. but in the immediate future maybe down 10%. >> correct. stuart: okay. right now we've got a selloff, the dow is down 2 the 60 points -- 260 points. nasdaq is down, but moderna is up 5%. on a day like this, 5%'s good. what's the story? lauren: the story is that they have an rsv vaccine and in the late stage trials 84% effective in older americans. and now hay intend to submit for full approval by june, is the expectation. covid vaccines, mrna technology, people skittish, that market has dried up. this is using that technology beyond covid. that's another moneymaker for
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noer the can that. stuart: what is wrong with yeti, you know, they keep stuff hot and cold. stock is down 6%. lauren: you know, they're popular over the holidays as a gift. stuart: i got one. lauren: unfortunately, demand is slowing down. traffic online fell in december by 3% versus last year, so they were cut to an underperform. i'm sorry, to market perform. stuart: godaddy. i remember first seeing name, as i understand it, they create web sites. lauren: yeah. they also help businesses. ever corp. has turned bullish on them, and they said the stock is going to 10 is 3. it's a nice call -- 103. they called them the reasonably recession-she disabout the. stuart: godaddy is recession resistant. >> not going to shut the web site down, right? stuart: that's true. twitter is having a garage sale, clearing out their san francisco
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office and selling everything, light-up signs, coffee makers. do you want to bid? we'll tell you how you can do it. nearly 30% of us skipped or delayed medical care last year to save money. dr. bob ma here that is with us shortly. reporters are losing patience with the white house and fast. roll tape. >> did you or did you not know about the additional -- >> i already, i literally just answered that. you guys is can ask me this 100 times, 200 times, if you wish. i'm going to keep saying the same thing. stuart: the once-s do can sill media is turn thing on the white house. brett bozell takes it on next. ♪ oh, oh, trouble, trouble, trouble. ♪ oh, oh, trouble, trouble, trouble ♪
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including nonsurgical treatments. ♪ ♪ stuart: the white house, that would be the white house, changing its tune, claiming president biden's delaware house is personal. peter doocy's with me. now, peter, the president insisted that he got work done at wilmington, so what was it? if a workplace or a personal place? which is it? >> reporter: well, right now it kind of depends on the day or the news cycle, stu. before we get to that, i want to show you a photo we just unearthed from the archives as they take a jackhammer down the driveway. we got this photo from 2013, and if you drop the banner, you can see that to the right the president is holding a document that says code word classified information for the vice president. and it's also notable this is from 2013. the documents that are at the heart of this investigation if
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are reportedly from 2013-2016. no reason to think this one was mishandled, but he had it in a room full of reporters, and -- can. [laughter] there you go. that's what the stuff looks like. as for this other big wrinkle to the story, we can now report that doj officials did go to the president's residence in wilmington last thursday, to the location those documents were located, to retrieve them. follows the special counsel to the president who said while i was transferring it to the doj, officials who accompanied me five additional pages were discovered for a total of six pages. doj officials with me immediately took possession of them. critics, though the, crying powell about a lack of fbi -- foul about a lack of fbi involvement. >> well, it was only 20 documents. well, how do we know that? i guess we have to take that at face value now.
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and the white house was too nervous to have a federal agent at least alongside the attorneys because, remember, anything else they see that could be con viewed as criminal activity the -- construed as criminal activity as they're looking for these top secret documents while the attorneys have no clearances at all. >> reporter: -- contradiction from the white house, they do say the president goes will a lot because it's okay because he's working the whole time. now they defend not having visitor logs with a reversal by saying like every president many decades of modern history, his personal residence is personal. that is a change of tune. president biden has no official events on his scheduling today. we don't know if we're going to see him. stu? >> i was sitting in my kitchen yesterday, and there's a sunroom off the kitchen, and my wife was there with her sister and a good friend named mary ann, and she was saying do you realize it's over $5 for a pound of hamburger meat? >> reporter: and we found that sound bite just to show he talk
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is about his house not like a place that there might be classified information lying around. stu? stuart: peter, thanks for clearing everything up. magnificent job on your part. we do appreciate it so much. peter doocy, everyone, at the white house. thanks, peter. secretary of -- press secretary a karine jean-pierre, well, facing intense questioning by reporters. let me show you what happened yesterday. roll tape. >> reporter: why shouldn't americans be upset about documents pound in a garage? >> that's for, that's for the american people to decide. >> reporter: on friday did you or did you not mow about the additional -- >> i already, i literally just answered that question. >> reporter: but i -- yes or no. >> i mean, you're not too far sitting next to her, so you guys can ask me this 100 times, 200 times, if you wish. i'm going to keep saying the same thing. i hear your question, it's been asked, it's been answered, it's been noted. stuart: brett bozell joins us
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this morning. he follows the media, intensely so. all right, brett, has the media finally turned against the white house, in your judgment? >> well, the answer is we don't know yet. we've seen five stages. stage one, when the story first came out, they were dismissive. cbs's adrienne diaz said the self-reporting here is probably the single most important participant of the situation. it's completely different from mar a rah lag go. the second stage was they turned this and they complained about republicans. don lemon was doing nothing but attacking the republicans for in the. stage three, they started turning reluctantly against biden after the first -- after the second group of boxes were found. stage four, they became even more skeptical of biden after merrick garland got involved. stage five is the interesting, this is where there are right now. they've grown frustrated with the white house. they know the white house is
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stonewalling. they know the white house is not fort coming. forthcoming. stage six is what's going to happen next. i'm going to predict here. if the republicans or if the government come up -- don't come up with something, this story is going to die. it's going to flatline. if the republicans come up with another step, another misdoing by this administration, the walls are going to cave in on it. the media, it's going to be armageddon time where the media are concern canned. they're just not going to put up with in the. stuart: okay. it'll be interesting to see how in this thing develops. you're right, it's not over yet. wept9 bozell, thank you, sir. dozens of news outlets, media companies and sports leagues set up content deals for 2023 with twitter. ashley, how do these contracts work exactly? >> reporter: well, the program pairs advertisers with the timely videos from premium publishers, and then those
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publishers split a percentage of ad revenue they made from their videos with twitter. pretty simple but it's lucrative. over the past few years, media companies and sports leagues have brokered these multiyear deals with twitter, typically between 1 to 3 years. it's through a program called twitter am prify. everything -- amplify. everything from the nfl to award shows, prime time tv hits are featured. analysts say there's little financial downside to staying in the content deals for these publishers on the platform or, put it another way, it generates too much revenue to give up even if some advertisers have quit the platform over elon missing's management style -- musk's management style. but the program works for all involved, apparently, stu. stuart: thanks, ashley. twitter is starting an online auction to sell off their surplus of office items, that's their word. they're not going to come cheap, and elon's twitter the bird sign will cost you $17,000.
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hey, mark they were, he's not going to raise that much. is he desperate for cash? >> it would seem, i think, on the surface like he's kind of in panic mold. it has me a little concerned that maybe he sells that beautiful blue bird logo and downgrades to a pigeon. that wouldn't be pretty. but, look, i think this is just elon being elon. we're talking about getting a couple million dollars from this, so i think he's just kind of doing this to be symbolic of him ridding the company of all that bad ju-ju. stuart: he might close down that office building. >> he might. but when you look at twitter overall, regardless of why he's doing this, this is a company that you need to right the ship, and you need to right it very, very quickly because they're oning -- burning cash, and they certainly have quite a bit of financial problems. i don't think this is going to help it, but with you do immediate to figure out -- stuart: also it's musk grabbing another headline. >> he's good at that. he's such a good gunslinger. you never know what he's going to do, and he's entertaining, to say the least.
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stuart: so he sells off his office equipment, why not? stop what you're doing and take a look at this. a man tries to kidnap a barista by drag her out of -- dragging her out of a drive-through window. we'll tell you all about it. to semipick quickly becoming a mainstream weight loss tool especially in hollywood. watch. >> gaslighting is when someone try doctors to convince you thau that that your own perceptions of reality are lost like when celebrities say they lost weight by drinking water, but really it's because everybody is on oze e mpic. stuart:st causing big problems for die bettingics who need it for their disease. should doctors stop prescribing it for if weight loss? dr. bob takes it on next. ♪ doctor, doctor, can't you see i'm burning? ♪ oh, doctor, doctor, is this
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ocean, a sandy beach right there. it's the 77 degrees, slightly cloudy, a little sunshine. ain't that beautiful? >> wish i was there. stuart: but you're not, you're with me. >> second best place. stuart: oh, whatever you say. check chose markets, please. we've turned south in a big way especially for the dow industrials, that index is down 300 points. nasdaq's down 50, s&p is down 25. all of this despite some positive inflation news first thing this morning. then there's this, diabetics struggling to rack down much-needed medication ozempic because it's become popular for weight loss. dr. bob lahita joins me now. should doctors stop prescribing it for weight loss, that's it? >> well, that's going to be very difficult, stuart, because this is a very popular are drug, commonly used in diabetics. it's the a once a week injection, and what it does to the body is it makes you think your stomach is full. and it also increases the amount of insulin that you need, and
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that's why it's excellent in diabetics. unfortunately, because so many people are using it for weight loss, diabetics having problems getting the drug. and there's the one woman i know that was reported who did not have her diabetes medicine for over three weeks because she couldn't get it. the supplier simply didn't have it. so it's a serious -- stuart: what can you do about this? >> well, it's not without its side effects. some people get nausea, diarrhea and have vomiting. it's, it's good to know that that's very rare. but what you can do is tell people that, you know, this is -- people don't exercise, people avoid diets because diett exercise, they don't adhere to their diet, they're not going to lose weight. with this drug, the injection is sure to allow you to lose 15-20 pounds very quickly. so we can simply add vise physicians -- advise physicians not to prescribe this
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willy-nilly and to make sure that they have had their patients try a successful diet or to try exercising which is a very simple remedy, and it does work if one adheres to their schedule. stuart: that's not going to -- >> it's not a once a week injection. stuart: that's not going to work, doctor. [laughter] if you offer a drug, one injection, and you lose 15-20 pounds, there's an awful lot of people who will take it regardless of stretching supplies for diabetics, that's the way it is. next case. high medical costs caused 40% of people to skip out on medical treatment in 2022. you know, i can understand that. if you don't have insurance and something's wrong with you, you go to the doctor, that's $2-300 out of your pocket, and a lot of people don't have it. are you seeing people cancel appointments because they can't afford to come to you? >> we do see people cancel appointments even if they have insurance. they cannot afford the co-pay which is anywhere from $20-40.
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so they'll say i can't afford the co-pay. but, you know, we do have clinics in the major university hospitals. now, as a salaried physician, there's no problem because we get all comers. however, the university hospital and the hospital that employs the physician if still wants to get paid. so the patients tend to avoid even the clinics, which is a big issue. and this is unfortunate. stuart: but there would be, i'm not going to say an explosion of illness, but there's going to be an increase in illness because it wasn't taken care of last year. that's going to happen? >> prophylaxis for heart disease and stroke, handling high blood pressure, just the topic we were just speak of, diabetes in obese people, all of these things are very, very dangers, and they limit life span. you're hearing about more young people dropping dead suddenly in the gym of heart disease or
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having a stroke for reasons that are totally due to the fact that they've had no medical ware e care -- care whatsoever. so this is a problem for a country as highly developed as ours, not to be able to go to the doctor can. stuart: is i can see that. dr. bob lahita, talk to you again soon. >> thank you. stuart: the pentagon says troops discharged for refusing the covid vaccine will not receive any back pay. ashley, why won't they pay the troops? ashley: because air force brigadier general pat ryder says at the time those orders were issued it was a lawful order. the pentagon, though, shutting down any speculation that it may consider back pay for those service members discharged for refusing to get the covid vaccine. you know, roughly 99 of all active duty -- 99% of all act active troops received the vaccine, but more than 8400 service members were discharged for refusing to take it. it also remains unclear, by the way, if the pentagon will allow service members who had been
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discharged to rejoin. but defense secretary lloyd austin says no further service members will be discharged for refusing the vaccine and also announced that any the troops under existing investigation or judicial process would be cleared. so there you go, they refused to follow orders. that's what we're hearing from the pentagon. stuart: okay, we understand. thanks, ashley. a man accused of trying to kidnap a barista through a drive-through window is under arrest. it happened in auburn, washington. you can see the guy grab the woman's arm using a kind of looped zip tie. she fought him off, the guy drove away. police say a tata too the helped them -- tattoo helped them identify the suspect and make the arrest. there you see it, they got him. do you remember this video? it is the video that tesla used to show its self-driving technology. this was back in 2016. a tesla engineer now claims it was all staged. we've got the story. nick el, crucial element needed to build cars, the u.s. has one functioning nickel mine,
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and the photos reminding me of what life must have been like for them. finding out new bits of information about the family has been a wonderful experience, it's an important part of understanding who we are. stuart: tesla first showed off their self-driving technology in this video back in 2016. now we're finding out it may have been a big setup. ashley, who says it's a setup? ashley: yeah. well, it all came to light from transcripts of a deposition given by the director of autopilot software at tesla as part of a lawsuit against the automaker for a fatal crash in
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2018. the 2016 video you're talking about in question was used to promote tesla's self-driving technology such as stopping at a prosecute -- red light, accelerating at a green light. now, technologies apparently the system did not have according to the testimony. the engineer says the video was staged and was not meant to accurately portray what was available for customers, but what was possible to build into the system. the testimony also claimed that drivers intervened to take control in test the runs and when trying to show the model x could actually park itself with no driver, a test car crashed into a fence in tesla's parking lot. so far there's been no response to all of in this from tesla. stu. stuart: okay. thank you very much, ashley. with the electric the car market growing, there is a greater need for nickel to make batteries last longer. got that. but right now there's only one nickel plant in this country, and it's going to close soon. connell mcshane is in minnesota. of they want to build a second nickel plant there. who is stopping them?
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>> reporter: well, there's always someone against everything, stuart. but it looks like they're going to be able to move ahead with this. they've been working very hard to make this come to light because, as you say, it's very important. half of the electric vehicles or half of the cars on the road in the country are going to be electric vehicles by the year 2023. the biden administration goal. the work being done here is very important in moving toward that goal. talon metals want to bring this nickel mine fully online by the year 2026 which happens to be the very same year that sole mine you alluded to in the state of michigan will be tapped out. >> this material is going to have to come from somewhere. and better to do it at high standard in the united states with working people being a part of actually the economic benefits of this. it's actually verifiable, it's trance parent -- transparent and, by and large, we hi9 that
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the majority of the people will actually support doing it here and doing it right. >> reporter: you know, doing it right means doing as little environmental damage as possible. the larger environmental groups didn't even respond to our request for comment about the mine, but some local tribal leaders did. >> this type of industry should raise concern for not only the members of the community here, but for greater minnesota, the united states and potentially the planet. >> reporter: now, the geologist that we with met in our time here say they have new technology now, allows them to do in the kind of work much cleaner than in the past. you know, the company has a deal in place already with tesla which currently has to bring its nickel many from overseas. -- in from overseas. but now a local supply chain may be on the way from one of the smallest towns in the entire country. i want you to remember name,
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tampa rack, minnesota. population, 62. but it may play a big part in our future. stuart? stuart: i'll remember that. thanks, connell. all right, this is the time where we try to get a sense of the market. this is what the dow 30 stocks are doing. obviously, heavy selling. the dow's down 360. that's 1% or better, and there's only four winners out of all the thirty stocks in the dow industrial average. selling today. the biden justice department reported a decline to monitor the the president's attorneys as they search for classified materials in his homes. compare that to the massive fbi raid on mar-a-lago. seems like a double standard, doesn't it? shannon bream will address that next. ♪ ♪ if -- and i'll never, ever, ever be the same ♪
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is one of the fastest growing mobile services, now with over 5 million customers and counting.ch . ♪ every search you make ♪ ♪ every click you take ♪ ♪ i'll be watching you ♪ - [narrator] the internet doesn't have to be so creepy, the duckduckgo app, lets you search and browse pria blocking most trackers all forf your search history is never tracked, so it can't be shared. and when you leave search, duckduckgo helps keep companies from watching you as you brows. join tens of millions of people making the easy switch by downloading the app today. duckduckgo, privacy simplified. stuart: a county prosecutor in virginia is going to stop taking misdemeanor cases. fox news chief washington correspondent mike emmanuel joins us. i've got two questions. first of all, does that mean misdemeanor cases will be
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dismissed? and, second, was this prosecutor backed by george soros? if mike, what have you got? >> reporter: stuart, good morning. yes, she is backed b soros. some drug offenses, theft of personal property, even a hit and run accident are some of the offenses the loudoun county, virginia, prosecutor wants to hand off to law enforcement to handle. in other words, make the arrest and then take them to court. commonwealth's attorney in loudoun county wrote a memo obtained by fox 5 d.c., quote: as you may know, with the increase in the trials in circuit court and the introduction of body-worn camera and related recordings in each case, the oca office of the commonwealth's attorney is inundated and left with insufficient sufficient time to prosecute every infraction and low-level offense that is charged. virginia's attorney general told me prosecutors cannot which arely pick laws to enforce and laws to ignore, and he argues this could be devastating for the morale of law enforcement. >> it really puts them in a very, very difficult position
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because you're going to have case after case where they will be in court with the defense attorney that has the freedom of movement to argue the law, and they're going to be there without any backup. and i think our prosecutor should be backing up our law enforcement, not abandoning them. >> reporter: the commonwealth attorney is upset her memo was leaked. >> it's unfortunate that this letter dated december 30th was prematurely released. that's why we have the shock factor as to why people are are saying, oh, my you know, i didn't know. it it wasn't your time to know. we invited the court judges to have a conversation. >> reporter: the county board of supervisors and the sheriff only found out through news coverage. the chair of the board of supervisors is blaming the prosecutor's inability to manage her office and keep her staff. stuart? stuart: you didn't know? it wasn't your time to know, because it wasn't your time to know? if that's a great quote. wonderful stuff. mike emmanuel, you're all right. see you again. look who's here now, shannon
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bream. okay. i don't quite get this. in this particular county, there's a misdemeanor offense. the police take them to court, but the prosecutor doesn't prosecute. does that mean they walk free? >> that is the frustration. yeah, a lot of law enforcement officers have on the front lines, they're the ones who make these arrests, they put together the paperwork, they make the case. but ultimately, if the prosecutor decides they're not going to move forward with the case, in most cases, that is the end of it. and so very frustrating for men and women many uniform who are out there. they know it's going to take time and effort for them to get these things together to make the arrest and do the paperwork, and if they know a prosecutor's going to back them up, you have to question what it does to their willingness to go after people for things like misdemeanors that most people would agree are not a high priority, but if we want law and order in our society, we want things on the books enforced. and if officers don't think that's going to happen, why should we ask so much of them out there on the street? stuart: here's one more to
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explain to me if you can, shannon bream. how is it okay for the fbi to raid trump's place in mar rah mar-a-lago -- mar-a-lago, search his apartment, search his house, but when biden comes up with documents, it's his personal lawyers who go find the documents and go through his house? >> yeah -- stuart: a complete double standard. >> and a lot of people will view it that way. that's the problem with the doj, they know the world is watching. a lot of eyeballs in this country, half this country is watching because we have in the area situation where a former president has got documents that there were questions about at the same time we have a current president dealing with this. "the wall street journal" reporting that there were conversations between the fbi, doj and with the president, current president's legal team, about whether fbi agents should come and make searches after they found that first batch of documents. and it was agreed between the parties, at least according to "the wall street journal," that these personal attorneys were going to continue the search. it wasn't going to be agents showing up with a raid. now the biden team, the white house will say, he's been
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cooperating from day one. there were negotiations with the trump team and the doj, they got to an impasse, and that's what led to the raid. they like to call it a search. but, listen, people have this corps -- corps door worry when they say things like, oh, they were asking the attorneys and no fbi needs to show up. that at least gives the impression that all americans are not being treated the same way by the justice department, and that's the last thing we want for our institutions and agencies. we want americans to believe in them, have confidence. stuart the fbi went into trump's wife's wardrobe, checked her clothing, for heavens sake. whereas personal lawyers of bind, we don't know what they looked apt. did they search the first lady'. it's just such a glaring double standard. and i get the impression that the media has now turned on biden. what do you say to that? >> it is interesting because here in washington he has complained, the white house complained they feel like the media has not been fair to hem for the last two years.
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well, now they're getting this taste of the badgering at the white house where the press secretary has incoming not just from peter doocy and ed lawrence and others, but from all of these networks who are now saying, okay, we've got something here where you've got the former president, you made comments how could you be so irresponsible, and now you're in the same hot seat, so we want to know the same answers from you. stuart: oh, what a tangled web we weave. shannon bream, great stuff. we will be watching you on "fox news sunday" every sunday, 2 the p.m. eastern. shannon, thanks for being on the show today. much obliged. look, it's almost # 1:55, so i'm going to jump on the wednesday trivia question just a tad early. i know the answer to one, guaranteed. when was the last russian czar, nicholas ii, forced to abdicate? 1901, 191099 -- 1909, 1913 or 1925? tepper's playing along with, he's writing it down. >> let's be clear about that, i
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stuart: ash, you're right, i'm right. 1917. been reading a book about it. >> you're spot on. stuart: did he make a mess of being a czar? nicholas ii was the worst. let's look at the markets, we're down pretty much across the board. down 300 on the dow at this point. tepper, you still think we will go lower still? >> i do. something doesn't smell right when you had the win streak kick off the year, ark innovation up, meme stocks up 50, 60%. when last year's losers are leading the way makes me a bit skeptical. stuart: everybody one on the show pointed to a downturn. we didn't v a bull on the air. >> that is food point. got to be contrary can. >> my time is absolutely up. it is time for neil. three seconds are up. neil, it is yours. neil: thank yo
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