tv Varney Company FOX Business February 27, 2023 10:00am-11:00am EST
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♪. stuart: good morning, everyone, boogie shoes, kc and the sunshine band. isn't that a beautiful picture, where is it? that is new york, of course it is. empire state building. i can see. i'm old but i can see it. it is a beautiful day. it will snow later on tonight. first snow of the year. lauren: finally. stuart: 10:00 eastern, straight to the money. the dow is up 285 points and rising slightly. the nasdaq is up 136. not bad. modest rally? i would say a pretty good rally this monday morning. how about the 10-year treasury yield, where is that? at 3.90. earlier this morning it approached 4%. it has backed off to 3.90.
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price ofr level, $75 per peril. bitcoin, 23,800. there you have it. very important numbers just released on pending home sales. the number, please. lauren: it increased for the second consecutive month to 82.5. up 8.1% from december until january. the biggest monthly jump since june of 2020. and annually sales actually fell. i mean i think that is the bigger story. 24.1% on a annual basis. what is a pending home sale contract signed, not closed. up two months in a row, still down for the year. stuart: not affecting the market. the dow up 20 ins. now this. there is progress for free speech on college campuses. let's not get carried away here. you are still in trouble if you think and speak the way the left doesn't approve, but, we have some examples of pushback. at the university of
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north carolina the board of governors has banned diversity, equity and inclusion requirements for hiring and promotion. in plain english, that means applicants do not have to submit a statement saying how woke they are. imagine it. you want to work at unc or be a student there but to get in you have to tell them your political opinions. good lord. that is a political litmus test. it had to two and it is gone. another example, at stanford, a group of professors has come out against what amounts to political snitching. since summer of 2021 stanford has had anonymous reporting system. students could fill out online form detailing what they consider an example of discrimination for bias. send in the form, no name required, within 48 hours there is an investigation. one student was investigated because he was seen reading "mein kampf," hitler's
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manifesto. a group of professors want to end that. obviously what is another political litmus test. there is a long way to go but a start has been made. the second hour of "varney" just getting started ♪. well look who is gracing our set this monday morning, charles payne the man himself. is free speech returning to college campuses? >> i think it is too early to celebrate. far to early to celebrate. stuart: you're right. >> a few here and there, economics they call it a green shoot, right? we have a long way to go. you know so it is interesting, over the weekend couple things caught my eye. the dahl book available in both versions, original version and nice version. ian flemings books. stuart: jails bond books,.
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>> i didn't open the article, if it is true, you know, listen the james bond books are tougher than the movies. i mean james bond, he had a rough life. he was knocking them back for a reason. i know he is smooth on the air, real life, he had a pretty rugged life. so, it's, that might be the new compromise. we got a long way to go, stuart. stuart: want to go to the market for a second. that is your area. the volatility index, the fear gauge, i understand it is at its highest point at its highest point last week since the start of the pandemic. what does that tell you? >> no, no it has been much higher. it has been much higher. here's the interesting thing, i'm not sure if it works anymore. so it is volatility and fear gauge. it's a contrarian indicator. when it goes down 20 or lower, that means there is not enough fear out there, too much
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complacency. professional investors use that as a sell signal. when it goes above 30, that is usually a buy signal. ironically it has been pretty spot on. people last year and earlier this year, this was supposed to go to 60, 70, 80. it is been in such a tight frank i'm not sure what is going on. i watch it. talk about it all the time. i'm not sure it does what is is supposed to do be accurate gauge where markets go. reflect too much complacency and at times too much fear. stuart: you see the new fox polls i'm sure. republicans remain advantage handling top issues for voters, border security, economy, federal budget, deficit, immigration. republicans are ahead on those issues. democrats are gaining a little ground, climate, health care, medicare, abortion, social security. this poll still seems to be a positive for the gop. you don't read it like that? >> no, i do read it like that. would think climate change will
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be a make-or-break type of thing. interesting i thought abortion up 20. i thought they would have a bigger lead on that. that did work for democrats in the mid terms. other than that things to me will not make-or-break a key election, tight elections across the country. think about where we are right now. credit cards being tapped out. all the stimmie money starting to fade away. all shenanigans are fading away. people have record high auto payments. $777 on average. 75% of people pay $1000 a month just for their car. people saddled with all the things. inflation will be high. a year from now republicans will be in amazing place to be able to present a counterargument against all the free money went out there. that was all that was modern monetary theory. it is up to republicans to articulate that. guess what. a lot of it they don't have to. are you paying highest you pay for auto loan?
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yeah. longest you ever had? yeah. worried losing value? yeah. what about that? what about that? they should not botch this. we'll see. stuart: what time with "making money" with charles payne. >> 2:00. stuart: 2:00 eastern today. >> i'm going over the buffett letter. that warren buffett letter amazing. capitalism. he took shots at everyone. stuart: took shots at elizabeth warren. >> i feel like he took a shot at jack welch also. some others. jack not here to defend himself. i encourage everyone to read that. i sent portions of that letter to friends, relatives, employees. there was something in there for everyone. stuart: charles payne, 2:00 this afternoon, find out what is in the buffett letter. >> thanks a lot, stu. stuart: looking at movers with lauren. we have union pacific up 10%. they have a new ceo. lauren: they're looking for the new ceo. the current ceo lance prince was under pressure to step down after a hedge fund called for
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him to be replaced. i guess they're listening to the activists. number one on s&p 500. stuart: up 10% just for that? my goodness me. lauren: they're thinking whoever comes in can make changes. for instance, operate fewer trains, longer trains to haul the same amount of stuff. stuart: fubotv, sports streaming. lauren: what a story. they're down 13% on a weak full year forecast. i'm thinking world cup. all those people who signed up to watch it in the past quarter. that happened. it doesn't matter anymore about what happened. past earnings. it is all about the forecast for the future. investors don't like it. stuart: down to $2 a share? >> you remember how hot this stock was? stuart: 40s. we had the guy on the show. not now. lauren: fubo it is down 72% over 52 weeks, fubotv. stuart: what do you have on snap? lauren: reuters is reporting that they're planning to roll out a chat bot using open a.i.'s
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technology. generative a.i. coming to disappearing photos. i have no idea how snap plans to do that. but when you put a.i. in with the company you see a nice gain for the stock. stuart: invogue as they say. thanks, lauren. this is for you too. twitter, they're reportedly facing another round of layoffs. lauren: yep. stuart: i want to know -- i know it is 200 layoffs, i want to know who is being laid off, that is important. lauren: top level executives who fledged loyalty to musk and his vision to turn around the company. i'm talking about specifically the head of the twitter blue service, subscription service. all in, as you noted talking 10% of staff, 200 people. so now, i mean, four months ago there were 7500 people that worked at twitter. musk comes in. now we have less than 2000. that is incredible. "the new york times" said employees found out they were axed after losing access to company email over the weekend. the big question is why? why are these top executives
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when some of them pledged loyalty, why are they now being let go? it could be, he is getting ready, getting the company to hand over the reins to a new ceo. maybe he wants a whole new regime. stuart: looks like it. is laying off project managers, data scientists. when you get rid of that group of people look like you're bringing in a new team. it's a rael call thing. lauren: i want to see the new team. i haven't heard any names. stuart: let's get serious. the energy department allegedly concluded, has concluded covid most likely leaked from a lab in china. miranda devine joins me now. miranda, politically what's next? is the ball now in president biden's court? >> well the ball is really in the court of the republicans who have taken over the house. that is why we're seeing belated admissions because the house republicans vowed they are going
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to investigate the original source of the virus in wuhan. now we're seeing the department of energy, other intelligence agencies are saying oh, yes, those people who were called conspiracy theorists and racists and xenophobes when they stated in 2020 which was pretty clear from the circumstantial evidence who the must leakily culprit was, aka china and the lab in wuhan, now that they're coming around saying well, yes those people may have been right but it is kind of a bit little too late. we've had dr. fauci. we had "the lancet." we had peter daszak running interference for the prosecution. the prosecution was very tarreddy, very relucktant and you have to ask why, what was it in for americans, for people in
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power to run interference with the chinese? because that is what is looks like is happening. stuart: that is always a feeling that china has something on president biden through hunter. that is always the backdrop to this kind of stuff. they have got something on him. the response is rather weakly. what do you make of that? >> but this went on before joe biden came on the scene. i don't know that we can particularly blame him or at least blame him entirely. you know, there was, these, tom cotton was being berated as a racist and conspiracy theorist well before the election. so was president trump. you know, the rising anti-asian hate crimes was blamed on trump calling it the wuhan virus which was ridiculous. he called it the wuhan virus because the virus came from wuhan and there was a lab there that was experimenting with gain of function research on bat
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coronaviruses had signature similar to covid-19's virus. it was, the circumstantial evidence has been there staring us in the face yet there has been some lies, so many misdirections to the american people. stuart: well-said. miranda devine, thank you very much indeed. see you again soon. thank you. >> thanks, stuart. stuart: now this. toxic waste will resume shipping out of east palestine today after other states refused to be the dumping ground for the contaminated wreck. we have the latest on the train derailment cleanup next. white house is defending the decision not to send f-16s fire are jets for planes. >> the question for f-16 is question for another day, another phase. this phase is about ground combat, being able to have the tools in the hands of the ukrainians to take the territory back that the russians are occupying. stuart: california congressman
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darrell issa just met with ukraine's zelenskyy. he will he will us what exactly zelenskyy needs to win the war. that's next. ♪. t car. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. so, you have diabetes, and your glucose is heading good thing the new dexcom g7 can alert you before you go too low. now, that's more peace of mind withthexcom m
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♪. stuart: market still in rally mode. dow up 301 points. that is just up over 1%. nasdaq up 62. almost 1 1/2% a monday morning rally. in 24 hours ukraine forces repelled more than 80 russian attacks in eastern ukraine. steve harrigan is there. the steve, the latest, please. >> reporter: stuart over the past 24 hours there have been multiple drone attacks into iranian from russia. these are iranian built drones
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hit two cities, capital of kyiv. ukrainian sources say they shot down nine of them. these drones from iran fly low and slow. they are simple items. they are loud. sounded like a lawn mower. you can hear them overnight. they are deadly as well. last night they killed two civilians. >> these things are devastating. they have been very difficult to stop unfortunately. the citizens of kyiv have to live underneath this terror from the russians and iranians as they fire these indiscrimenant weapons. >> reporter: on the other side in the city of maripol, this there about 14 explosions there alone. that is unusual the city is 60 miles behind the front lines. when ukrainian missiles asked if they were using long-range western artillery to attack
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mariupol it is not having yet. >> occupied and this is not long-range weaponry. it is something else. >> reporter: of course that city of mariupol could become a key target for ukrainian forces in any spring offensive. back to you. stuart: steve, hear more from you later. national security advisor jake sullivan defends the decision not to send f-16s to ukraine, watch this. >> those giving to advice to president biden what they need are tanks armored personnel carriers, infantry fighting vehicles, artillery around air defense systems on the front line. that is what we're giving them. the question for f-16s is for another day, another phase. this phase is about ground combat. being able to have tools in the hands of the ukrainians to take the territory back that the russians are occupying. stuart: california republican
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congressman darrell issa joins me now. congressman, you met with president zelenskyy in ukraine last week. is he worried about the republicans in congress who are not keen supplying more military aid to ukraine, is that his concern? >> no, we were able to dispel that pretty straightforward. he is concerned about an administration not giving him what he needs when they need it. jake sullivan said they need tanks. guess what? the only tanks they're getting from the allies, our m-1 date that were promised they don't have delivery date even though we have stem sitting in storage. there is a lot of slow rolling in of equipment. congress, 75% of republicans, 75% on the initiative by speaker nancy pelosi voting now for over $100 billion in support for ukraine, is a pretty strong
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statement. he gets it that if you get 75% of the minority that's pretty good considering that there was always a poison pill in anything that nancy pelosi ever gave us. stuart: in your opinion should we give ukraine what it needs to win and by winning i mean pushing all russian troops out of the territory they occupied in the past year? >> it is more than that and i will answer your question but we need to give them the things they absolutely need to have to save lives, to save ukrainian lives. they need air defense which they don't have enough of. those drones and others are killing, needing that requirement. they need longer range capability because quite frankly the russians moved their equipment that fire on ukraine just out of the reach of their existing equipment and we have longer range stuff. we just haven't given it to them, saying there is technical reasons. well the technical reasons is
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changing a cable. then they would be able to do it. and then in the case of the aircraft that you mentioned the, they're flying mig-29s against mig 31s right now. of course they can't do it but the idea that they shouldn't have aircraft when what they have are old beat up russian aircraft flies in the face of just common sense. stuart: i have got 30 seconds, congressman. but on this program last week general jack keane, retired, four-star general, he says look, you give ukraine what they need and they can win by late spring of this year. would you like to see them get what they need to win and win by the spring? >> absolutely because it actually saves us munitions, saves us money to get a win, rather than a long protracted war that could go on and cost hundreds of billions and another 100,000 ukrainian lives. stuart: congressman, congressman issa, sorry. thanks very much for joining us, congressman.
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that was a senior moment. i'm a lot older than you. see you later, congressman. thanks a lot. >> thanks, stuart. stuart: migrant encounters at the southern border just hit a new record. ashley, i want the numbers please, what have you got. >> boy, have i got numbers. migrant encounters already surpassed one million for fiscal year 2023 according to customs and border protection as of last friday. total migrant counts were 1,008,217 for the fiscal year, just began in october. it is quite remarkable. of those 87.8% were single adults. just 328,000 were expelled under title 42. these are huge numbers. by the way there were 1.7 million encounters overall in fiscal year 2021. 2.3 million in 2022. so the first months of this year have already outpaced the previous years but, wait a
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minute. the biden administration says there still has been a sharp drop, it says in the number of migrants coming to the border from historic highs in december. i'm not so sure about about that but okay. numbers are remarkably high. stuart: thank you, ash. a i will thousand, considering a proposal, gas stations, banks, to hire armed security guards to crack down on crime. the critics say this will increase costs for consumers. jeff flock has the full story shortly. rampant shoplifting causing stores to lock up more items than ever before. will this push people to shop online? i will ask top retail analyst gerald storch about that. he is next. ♪.
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tax district. no relationship to what is going on in the stock. this was known about beforehand but the stock is up about 1% at $101 a share. the overall market also moving higher this morning. dow industrials up over 300. nasdaq up 150. not bad. lauren is looking at movers. we're starting with apple which is up 1 1/2%. lauren: two pieces of news for you. the first is production was halted at a fox link facility in india. that is a supplier, because of a fire. but why is the stock up? apple's share of premium phone market is growing globally. gen-z, europe and asia prefer iphones now. globally can have dominance as it has in the u.s. stuart: tell me about enphase energy. what do they do? up 6%. lauren: nice. janney montgomery scott upgraded to buy after peak of 340 a share. they're also giving them a price target of 282, which is a nice
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up bump from the 212. bump of 38%. stuart: if it got there would be nice, right? netflix hosted the screen actors guild awards. lauren: they aired sags on youtube channel. 1.1 million people viewed. stuart: netflix youtube channel. lauren: i know. a lot to wrap your mind around. netflix hosted them and aired them on the netflix youtube channel. stuart: thank you, lauren. illinois considering a plan that would force businesses in chicago to hire armed security guards. you got to deal with crime. jeff flock is in chicago. what are business owners saying about this proposal? >> reporter: i bet you could guess what they're saying. they're po'd about it, to put it very simply, mr. varney. walking the aisles of one of the thousands of businesses in chicago that would be forced to pony up, hire their own security guards. take a look at what the bill says. called the armed security protection act.
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beginning in july of 2024, a bank, a gas station, a grocery store or a pawn shop would have to employ and have on its premises at least one armed security guard. he has run happy foods, neighborhood grocery store in chicago for 25 years. your reaction is, to mr. varney. >> it's ludicrous to have this kind of regulation right now. it is not necessary. >> reporter: i was going to say you're in a fairly safe neighborhood here but this would be hundreds of thousands of businesses have to do this. >> exactly, and the regulation is not necessary. enforce the laws on the books, put criminals in jail. that's it. >> reporter: we do have a crime problem in chicago. maybe not in this neighborhood but we do. take a look at the numbers, stuart t was bad to start with but again we've got a surge again in crime this year. what do we do about it? >> get the politicians that are not pro police out. >> reporter: need to the police
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to do their job, not somebody you have to hire. also if you have had to do it, what would that do to your prices? armed security doesn't come cheap? >> no they expect it from time you open to time you close. increase the payroll. i can't do it. >> reporter: look at food inflation, stuart, you know what the cpi looked like last month. higher food inflation than anything else in the economy. >> everything gets passed on to the consumer unfortunately. >> reporter: this is a treasury, stuart. this is a neighborhood grocery store in chicago. i tell you they don't have too many of these anymore. we like to keep them in business. i don't know putting another person on their payroll is going to help. stuart: what about the liability implied when you put armed guards on your property if something happens, you are liable you know what i mean? >> reporter: only in america. stuart: exactly. look at this. this is really extraordinary. retail theft, it is called
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shrinkage in the business, shoplifting, cost u.s. businesses $95 billion last year. stores are locking up even more items. gerald storch with me. gerald is a retail analyst par ex sell lance and joins me right now. the more you lock up the sales go down. >> sales go down as much as half. you will lose huge sales when you do that at the end of the day. the real question what is causing this, what is the solution. you heard from a mom-and-pop store owner, they're getting crushed by this. any additional costs will kill them even more. meanwhile obviously you have to do something about the crime. i think what is missed in all of this what the root cause is this emergence of these online marketplaces. it is the wild west of internet retailing. a lot of these sites basically become giant fences for stolen
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goods. you get your nike sneakers you steal from the warehouse from memphis sell them instantly for cash. that is the one of the emerging themes. when giant e-commerce and online sites, how are they going to be more accountable for the basically fencing of stolen goods that is taking place, the sale of counterfeit goods, sale of unlicensed products and regulation of speech. this is a major trend. stuart: it is. >> the theft we're seeing is just the tail of that big dog. stuart: i need you to bring me up to speed on whole retail industry. it was a dull holiday period. a lot of people telling me retail sales have rebounded. have they. >> that is just not true. i generally optimistic about the american cone super, you know that, stu. when i was on your show during the holiday periods i wasn't optimistic. i said it was bad. for some reason people wanted to pretend it was good when it was bad over the holiday season.
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numbers are out. it was clearly a weak holiday season. there is some dialogue is came back in january that was nonsense. january of this year was worse than january this year by more than december of last year which was worse than the year before. it actually got worse in january, not better. the dialogue was some kind of a calculation people do on normalizing sales between december and january because obviously january sales are always down versus december. so they apply a factor to it. that is why it looked like up a little in january versus december. absolutely not true. all the prior trends continue. people don't have money right now. it is running out. inflation is taking everything. retail sales were up by less of rate of inflation again in january. i guarranty that is continuing. only thing up restaurants. people are going out to eat. heck or high water i'm going out to eat. everything else looks actually pretty bad when you look at inflation-adjusted basis.
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stuart: unfortunately i have to end it there, gerald. you're usually optimist guy. you tell us how you see it and how it is. gerald storch. >> thank you. stuart: some larger companies in the u.s. are looking to expand in china, get back in china. hey, ashley what companies are we talking about? >> high-end food and fashion. betting on post-pandemic rebound in the world's second biggest economy. "wall street journal" reports that mcdonald's and starbucks opening up hundreds of new restaurants. retailer tapestry and owner of kate spade brands are launching new stores. tyson foods, hormel foods opening new facility betting on long term appetite for american style food and goods. it is all well and fine but there are questions with china's economic health and relations as we know between the u.s. and beijing are tense. any expansion into china
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certainly comes with risks but for businesses it is such a huge market of course it is one that they would love to tap into. stu. stuart: i understand that amazon is expanding their same day delivery service, i presume that will cost a lot more? >> well, not really. the ultrafast deliveries can arrive in a matter of hours we're told although amazon charges, we know this, members of prime subscription service a fee of 2.99% order if the customers don't meet the 25-dollar threshold but the key is speed. to do that amazon is expanding the network of warehouses that the company calls same day sites. these facilities are a fraction ever the size of those amazon fulfillment warehouses. they're designed to prepare products for immediate delivery. amazon has opened 45 of the smaller sites since 2019 and could expand to at least 150 centers in the next several years. the sites have primary opened near large cities, makes sense,
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and they deliver the most popular one hundred thousand items in amazon's catalog. this is amazing, amazon claims more than 1.5 million customers a month are trying same day delivery for the first time. interesting, stu. stuart: i'll say. amazing. thanks, ash. los angeles mayor karen bass wants to lower the bar for police recruits. she says the move would help root out, quote, right-wing extremists. we'll try to explain that. lar district attorney george gascon suspended a lead prosecutor in a murder case because he misgendered the accused killer. we'll speak to the deputy district attorney in los angeles. he is not happy with gas con -- gascon. ♪.
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stuart: organizers in new orleans say they have the support to recall mayor latoya cantrell. ashley, why do they want to recall her? >> because they don't think she is doing her job. by august, organizers of the no latoya recall campaign say they have already 50,000 signatures to put cantrell's second as mayor of risk. critics say she is quiet quitting for a year. hasn't held meetings with department heads for 12 months they claim. failed to address the city's surging crime problem. new orleans recorded 266 homicides in 2022. that is 116% increase from 2019, making the city at one point the murder capital of the country. carjackings up 165% in that two year period. critics accused the mayor of
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retaliation, creating atmosphere of fear. they accused her office blocking recall campaign ability to host a event at local restaurant. new orleans mayor feeling the heat a little bit. stu. stuart: los angeles district attorney george gascon suspend ad prosecutor quote, misagain -- misgenderring a child molester. hannah tubs is only identifying as a woman after dna linked her to a case. she used to be known as james tubs. john hatami is the district attorney in los angeles. gascon suspended the prosecutor because he didn't use the right gender, that right? >> yeah. it is a really disappointing situation here in los angeles. stuart: that is ridiculous. >> here is the thing. the transgender community is frequently the subject ever hate crimes and violent attacks. we always need to stand for that
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community and for the most vulnerable but this isn't that. this is an individual who is a convicted child mow molester. he molested multiple girls. he is an alleged murderer. he is charged with murder in kern count. awaiting trial. this is not a victim. george gascon cares more about child molesters, murders and rapists than he cares about victims, survivorses, children in our own community. stuart: the mayor of los angeles in karen bass. she is looking to remove quote, obstacles for police recruits who initially fail to qualify for training. she says it will diverse the lapd and root out officers, with ties in her words right-wing extremist organizations. crime is surging in los angeles. what are they more worried about, crime or diversity? >> in los angeles we deserve the
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best police officers in the country, if not the world. we should want to increase the bar, not lower the bar. we need police officered are funded, not defunded. we need police officers well-trained in mental health issues, in drug and alcohol issues and issues regarding very, very diverse communities. we all should make sure that police officers are not right-wing or left-wing or any type of extremist. it is disappointing that we're only concentrating on one issue or one area. we need the best police officers that we can get in los angeles. we need a higher bar. we need for them to be more trained. we need them to be more funded. and we need to make sure they're good, honest police officers. stuart: an support them for heavens sake. what is wrong with los angeles? sir, thank you very much for joining us. i'm getting a little exasperated covering these stories. but bear with me. >> thank you so much for having me. stuart: parents outraged that schools should be allowed to
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keep students gender information hidden from parents. we have the story in our next hour. president biden isn't sure if he spoke with the mayor of east palestine. watch this. >> do you plan to travel there, and have you talked with the mayor? president biden: i can't recall, i don't think i talked to the mayor. i talk towed everyone, i talked to everyone there is to talk to and we made it clear everything is available. stuart: all right. coming up shortly joe con chan will deal with the president's i will call it a confusing response. that's next. ♪
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our ancestors had power, our ancestors had hope and our ancestors had ambition. born in 1847, formally enslaved, started buying land, was in the house of representatives. we didn't know our family was part of black reconstruction. exactly. okay, seriously. finding out this family history, these things become anchors for your soul.
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stuart: president biden ordered federal agencies to check in with residents in east palestine weeks after the train derailment that is. lauren, what are they going door-to-door? lauren: yep. the administration ordered the epa, fema, go door-to-door, ask how are you feeling, what do you need from us? they also ordered the railroad to stop moving toxic waste,
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soil, water out of the area. because the toxins from east palestine had been sent by norfolk southern to other states like texas and michigan where officials in those states very concerned about getting this toxic material and surprised that they were not notified. so that has been halted. the railroad is no longer doing that. meanwhile in washington multiple house committees are gaming out hearings on the administration's response to the derailment as a start house oversight chair james comer sent a letter to the head of transportation, transportation secretary pete buttigieg demanding documents, this is, has become a political story because it ignites how rural republicans feel they are treated by federal government. that is the story. stuart: dealing with the spill, how long it took, the delay, that is the story, the political angle here i think anyway. thanks, lauren. president biden can't remember if he has spoken directly to the mayor of east palestine. that would be trent conway,
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since the derailment happened three weeks ago. watch. >> this the mayor says he saw you in ukraine and he says it tells you he doesn't care about us. do you have any plan to travel to ohio and have you talked with the mayor yet? president biden: let's put this in perspective. within two hours of that derailment the epa was in there. every major agency of the united states government, had anything to do with rail and or clean-up was there and is there. >> do you plan to travel there and have you talked with the mayor? >> president biden: i can't recall. i don't think i talked to the mayor. i talked to everyone there is to talk to. we made it clear everything is available. stuart: joe concha with me this monday morning. he couldn't remember. is the president's cognitive ability again in question? >> i think it is to many voters stu if you look at polls. majority think he should not run again for re-election. the number reason they cite, he is too old.
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second incompetency. with the answers can you look at chance of six more years, can't you? these are unforced errors. transportation secretary pete buttigieg, he waited 10 days before he made any public statement or even acknowledged the situation. waited three weeks before he went to east palestine the while residents, at least some are complain about marcia, headaches, respiratory issues. now the president can't be bothered to get on a plane do what leaders do, get off your butt, show you care. you remember new jersey, president obama devastated this area he showed he cared. if you recall that helped him win re-election. to your point before there is political component to this. regardless how the administration could handle this any worse. residents are angry. they should be stu. stuart: joe, you have to explain this to me. >> sure. stuart: ronald reagan the original rino. really? say it ain't so. what do you mean by that? >> well, what i mean it was so interesting to write this piece
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in researching it there was a time of compromise between a republican president, ronald reagan, house speaker tip o'neill, democrat. it seems like such a foreign concept now, considering how divided, quite frankly immature some lawmakers act on social media, both sides by the way, attacking each other on a personal level. reagan, stu, tip o'neill, they're both irish. at the end of the day they sparred over policy, the two men would getting together behind closed doors find a way to meet each other in the middle over a drink. both men deplored the thought country polarized between ideology or politics. they wanted to get things done. if you're a republican thinking about compromise, labeled a rino, republican in name only. once you're named that hard to unring the bell among conservative voters. stuart: great job. still ahead, mark these send, nigel farage, steve forbes. when i first came to america 50
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years ago, california was the golden state. it was the future. now the state is in sharp decline, rampant crime, homelessness, high taxes, chronic education decline. et cetera, et cetera. that is an exodus for people. that is what is happening. "my take" is next. ♪ but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. cole hauser is an award winning actor who has starred in good will hunting too fast, too furious and the current hit show yellowstone. beyond his impressive career, he is a proud supporter of the tunnel to towers foundation. i was able to spend some time with cole and his family
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to reflect on those who have sacrificed so much to defend our freedom. i know how much you care about america and our veterans and all the things. but you have such a platform now. yeah. and to share that with us that we need to get the word out that we have to take care of these great heroes and their families. you know, as i started to be more and more successful, i was like, how can i help? but when i heard of the tunnel of the towers, and i met brandon in idaho and his family, i was like, wow. there's actually a charity where we know where the money's. going to go. we have 95.1% of every dollar goes to our programs. and i think brandon's a great spokesman for t2t and and his wife, shannon, has two daughters. i mean, oh, my god. they're just special families. so pretty much, if you put your life on the line, if something goes bad, they're there. that's awesome. yeah. they're incredible people, man. you saw all the stuff we put in these homes, right? i was i was blown away. and they deserve it. they earned it. this is not of course, we give them a mortgage free home, but look what they gave up.
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they gave up their bodies so, cole, why should americans give donate help? tunnel to towers foundation. i mean, is there any better organization to help the people that has fought for this country and the freedoms that we have? it's that simple. it is that let's take care of each other. and you're going to join us on that mission. thank you. hey, i'm cole hauser. i want you to join me in supporting our nation's heroes and their families. it's only $11 a month. go to t2t dot org. say goodbye to daily insulin injections with omnipod 5... a tubeless system that automatically adjusts insulin
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