stuart: question, since the founding of the united states how many versions of the national flag have been created? 12, 19, 27, 33, what is it, ashley? >> against my better judgment i'm going with 33. they kept having to add stars of the states to the flag. stuart: against my better judgment i go with 27. near 33. i think ashley is right. the answer is 27. the first version was approved by the continental congress. that was 1777. the latest version came out in 1960. who would have thought. i guess that has got to do with the statehood of hawaii which was in 1959 as i recall. ash i also, great stuff. see you tomorrow. varney and company is done. "coast to coast" starts now. ♪ neil: what is it with all of these republican bigwigs showing up in manhattan today? talk about going into the belly of the beast of when it is friey

new york stock exchange for one speaker kevin mccarthy, odd when jim jordan's entire judiciary committee meeting only blocks away at the jacob javits federal building in lower manhattan. both are sending signals to democrats. mccarthy on dealing with the debt ceiling republicans want on the. and jordan leaning on a new york prosecutor that republicans don't like. democrats call both pow west a political stunt. lee zeldin said they're missing the point. andrew yang says both parties are missing the point. argues both are out of touch, both are with us today, along with former congressional douglas holtz eke inwho is busier looking at the debt thanker democrats. time is ticking down. a possible u.s. default is not out of the question. welcome, everybody, i'm

neil cavuto. neil: before we get dug on the debt kevin mccarthy in the very house of capitalism, the big board, floor of new york stock exchange, talking about our debt. >> american debt is a ticking time bomb that will detonate unless we take serious, responsible action. the coming weeks the house will vote on a bill to lift the debt ceiling into the next year. save taxpayers trillions of dollars, make us less dependent upon china, curve our high inflation, all without touching social security and medicare. simply put, it puts it on a fiscal, responsible path in three ways. it limits, it saves, and it grows. neil: all right. i don't know how far that goes but douglas holtz-eakin, former congressional budget office director, isn't he kind of preaching to the choir? they agree with a lot of things he is outlining but joe biden he has to convince.

the two have not formally talked since way back in the winter so i'm wondering where this is going? >> i think one of the primary objectives today was to get the crowd at the new york stock exchange and all their colleagues to get fired up and start contacting the administration, get going, we have to get a deal here. you and i both know we can't afford default. the financial consequences would be catastrophic for this country and the global economy, so the debt ceiling has to get raised and there is no real negotiation going on. so i think that part of this was just let's jump-start the negotiations by getting more people to weigh in on the administration, saying get going. neil: you know, i'm just thinking, he was there, the first prominent republican, first real prominent officeholder since ronald reagan back in 1985. it occurred to me, doug, know numbers better than i, at the time reagan was there, the debt was 1.7 trillion dollars. today it is north of 31.

31. it is staggering. i am wondering what the speaker is saying going about thing the same way, just to get us by but i'm just wondering where they're going to find you know, this common ground and if it is going to happen this time this year? >> certainly i don't think this is any great disagreement that the u.s. has a big federal budget problem. we'll add 1.8 trillion this year. used to be all of the debt. now it is an annual supplement. we have big problems with the budget no doubt about that. that shouldn't be difficult for both sides to acknowledge. getting something done difficult, agree with that. there is lots of precedent as using the debt ceiling as point of agreement, let's try harder the next time. there is precedent doing nothing. the problem we have one side citing the one precedent and other citing the second

precedent they're not talking to each either. the real important deal is get the debt ceiling raised. i thought the speech covered the right territory, spending ace problem. people acknowledge it's problem. the president should acknowledge what the american people can see. the debt ceiling has to be raised. let's get to it. the clock is ticking. the question is whether it will really do any good? neil: so you know, you think about it, inherent in the whole speaker's approach here ask that we won't raise this debt ceiling until you agree to some spending cuts. the president's position has been that's a separate issue. we can talk about addressing spending down the road but this is not the vehicle through which you do it. they don't seem to have found any light on either side to bridge that. so how do you see that going? >> well, the speaker laid out some specifics today that presumably will be in the bill that he says the house will vote on the next several weeks.

they are things like caps on discretionary spending. that is not the the problem with the federal budget. the problem is the entitlement programs and the mandatory spending. they're not touching real sources of our fiscal problems. they're trying to get the symbolic acknowledgement that spending itself matters. and, they have got in there other things they think the president is on the wrong track. there is a proposal there to cut back on regulations called the rains act. there is hr.1, a sweeping energy bill. they're trying to make the point to get the administration there might be more than one way to do business even if the impacts not quantitatively large. that's the key. neil: all right, do you see there a month or a time where we really are at a make-or-break moment? i always feel that these alarmists use, it will be soon as next month, maybe early summer. i don't know if it is actually much further down the road than that. i know we're playing with fire.

you said that to me in the past. >> sure. neil: wondering what is the sort of drop dead point? >> there are two days to pay attention to. one day is tomorrow when taxes are due. we see just how much cash flows into the treasury. the second is june 15th, when a big quarterly payment is due. you again watch how much cash flows into the treasury. if you get big flows in, treasury manages to middle of august, maybe september. if those turn out to be weak, time is of the essence. in any event we know how long it takes washington to do things if they're negotiating in good faith. they're not even negotiating yet. the clock really is ticking, neil. neil: got it. thank you, my friend. douglas holtz-eakin, former congressional budget office drink tore on all of that is going on right now. meanwhile this back and forth is not jarring wall street like it did back in 2011 they did broker an agreement. all the chicanery and

fingerpointing beforehand caused s&p to downgrade our debt from aaa. first time that happened. no such indications that happening right now. we shall see. janet yellen saying when it comes to the environment right now, say if you will when it comes to banking problems we have had, they helped out this inflationary argument. i want you to listen to this. >> banks are likely to be somewhat more cautious in this environment. we already saw some tightening of lending standards in the bankingism system prior to that episode. there may be some more to come and that does tend to lead to somewhat greater restriction in credit, that could be a substitute for further pricing, further interest rate hikes that the fed needs to make. neil: all right. that is kind of a perverse way of looking at it because banks are all of sudden being very

stringgy with lending that will slow things down. she is probably right about that, i wonder what alan knuckman thinks of that. bull market chief strategist. alan, she said this will help the fed a little bit and help things down. your thoughts? >> yeah, looks like there is 90% chance they will raise rates in may, then we're done and this cycle is over. the key is, for me as a trader, it is price not politics. it is follow trade, not the talking. and the markets are still strong and solid and stable and we did have one bad bank bust. that might pull people back a little bit psychology, psychologically, but again the market is really strong. we're pack up here near the 42 level on the s&p. that is what i can gauge. if we can break out of that then it is very positive. neil: are you saying that just to be clear, that they hike in may and go away?

>> it looks that way. that's what the market has been telling us. but the markets had it right for the -- neil: for the rest of the year, alan, for the rest of the year they're done? >> looks like it is done. you're seeing rate cuts in the future, you go down 3% inn 2024, 2025. that is what markets are telling us. we obviously have work to get there i think the focus needs to be on the dollar. some people were confused. they took some you know, miss yellen's comments about the dollar getting knocked down. i don't view that as a negative. it was really strong just last year when we were up near the 120 level now we at 100. now we're at 90. we're midway point, the dollar is not strong, the dollar is not weak. ever since i've been trading since 1986 when i graduated high school, the dollar has been trading between 80 at 120. we're sitting at 100. we're at a medium level so to

speak. neil: i knew you were younger than me, alan. i didn't realize that much younger but you look great. i'm jealous. that's fine. >> thank you, not go down that road. talk about the markets. neil: you're right. very scary road to go down. you know, i'm wondering if this outside event could be a big moment for stocks, a key test for them? banks that are you know, trying to lure, smaller medium-sized banks, money center banks, although that is changing with significantly higher deposit rates. if you're right we might be capping out at rates, couldn't that be a last dash for safe cash on the part of people even on the part with apple looking essentially doing the same with a four plus percent money saving rate? people might want to get in on that and it could come at stocks expense, what do you think? >> right. we've talked about money moves. money can move into interest bearing accounts paying 5% at no

risk. there are ways to make more money than that in the long term in the stock market in my opinion. that is not a bad place to be while you clear your head. if you look at the pe, price to earnings on xlf, which are the financials, as a group we're at 12. so the banks are much cheaper than they were and they're a good value but selecting the right banks. now like you said, some of these smaller banks, i think it was the "shark tank" guy that said the other day, some of smaller banks need to be eaten up so to speak. there could be mergers and acquisitions so the big banks could swallow it up. there opportunity in sector for sure. look how much money jpmorgan, bank of america made off the net interest income. they lend at you, they give people 0% in their bank accounts, put in overnight repo rates, make 4%. that is printing money. that is probably going to continue until you see the average consumer move their money, actual physically from

somewhere it is now to somewhere where it can get higher returns. i'm a still big, big believer in the stock market. let's remember we're only 14% off all time forever high. after all of this, all rate hikes, after all of this concern and the vix is at 17. so the market is telling us it is not that worried. neil: all right. talking about the volatility. the index which is a gauge of fear. it is pretty stable right now. >> right. neil: there are trends, that is counterindicator people are saying. who knows, alan. all i know, you're a very smart young man. i appreciate it. alan knuckman, bullseye option chief strategist. another smart man with us edward lawrence at white house. digesting what key fed officials are saying about all of this. well"elle" musing about how i guess the bank situation could slow things down more. what are you hearing.

>> reporter: to mass barkin, richmond fed is making in a speech. the banking situation could slow the economy down some. the white house pretty quiet. president taking a break from public events. there is a lid called. no white house briefing today but treasury secretary janet yellen is saying we're on a path to that economic soft landing t might be though a little bit difficult to get there as i said richmond federal reserve president thomas barkin is saying making a point in his speech, excess savings, trillions of dollars in housing wealth and government spending continue to push money into the economy and all of that fuels consumption and pushes inflation. another economist also see inflation as sticky. >> we are not out of the woods on inflation at all. i think a lot of this celebration about the reductions in inflation i think are premature. i think you're going to see how we're stuck in five to 6% inflation range for many months to come.

>> reporter: this is what the fed is worried about. last week board of governor chris waller from the federal reserve, the labor market will continue to balance bringing down wage inflation but he said inflation remained more persistent than he first thought. >> inflation moderated in second half of 2022, but that progress horror less stalled by the end of the year, and inflation remains far above our target of 2%. >> reporter: outtoday, new research from kansas city federal reserve, specifically post-pandemic short term inflation expectations which have increased have added to the difficulty in bringing inflation back to the fed's 2% target and that might be why we're hearing so many fed presidents and board of governors make speeches, pushing the fact that they will get back to that 2% target. neil? neil: all right. so 2% is a goal still. we're at 5%. we have a ways to go. we'll watch it closely. edward, great seeing you.

edward lawrence at the white house. meantime, lee zeldin, former republican congressman, republican gubernatorial candidate, what he makes of republicans coming to new york to state their case and maybe get on a few peoples case, after this. ♪. dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it.

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neil: all right. told you about all these republicans coming to new york to state their case, whether it is kevin mccarthy at the new york stock exchange but far more interesting is the entire house judiciary committee coming to new york to rage about crime with not so subtle dig at the prosecutor alvin bragg of course who was just indicted for the first time in american history, the former president of the united states. madison alworth following the judiciary committee and the significance of what it is doing with the backdrop of the crime it is stocking about, madison? >> reporter: neil, so the committee is still in session why we stepped outside. there has been a lot of passion inside of this hearing today. this is a hearing for the victims of violent crime in manhattan. the judiciary committee saying this is just the first of many meetings that will be held across the u.s. to investigate

how soft-on-crime policies and soft on crime d.a.s have led to increases in crime. at this hearing here they have called eight witnesses that have all testified, all having some connection to crime in new york city. one witness, robert holden, democrat city council member, underscored his lifetime in new york city, crime has never been worse. >> i've seen bad times, high crime, 2,000 murders a year in e '80s. i've not seen the lawlessness in new york city that i have seen in my lifetime. >> reporter: something we heard about the victims, this is not about politics. they want to avoid having to them what happened to other families. of course politics still a big part of the conversation, especially from the representatives here at this meeting. take a listen. >> soft-on-crime policies are going to ruin this great city. that is why we're here. it is happening in other cities

as mr. gates gates pointed out. we'll go where we need to go. this is something that has to happen, has to stop. justice isn't supposed to be political. >> extension of the trump defense team trying to intimidate and deter the duly-elected district attorney of manhattan to do the work the constituents elected him to do. >> reporter: i wanted to give you both sides there. something we heard from those witnesses that have testified, there is continued frustration about the politics of all of this. one of the things has been a main focus has been gun laws. we've seen witnesses bring the focus back to enforcement and soft-on-crime policies as a key issue. take a listen. >> you can have all the gun legislation on the books if it is not enforced which is what alvin bragg is doing, it is not going to matter and people are going to die.

>> reporter: there has been a lot of talk around statistics both sides claiming stats are on their side. i think the first sound bite was really important to underscore, especially for that live here in new york city, the idea of lawlessness, complaint from different witnesses because there is a catch-and-release policy, because there have been reforms to bail laws that there are more people being turned out and turned on the street. it has been frankly times a productive conversation but it is very emotional in there. as those witnesses continue to give their testimonies. neil, i will send it back to you. neil: neil, really is a gut unpunch to listen to. thank you very much, madison alworth on that. whatever your views on this subject, it is drawing a lot of attention here to the crime certainly riddled new york but across the country. we've seen shootings in alabama. we've seen shootings in lots of places here. scant attention to some lenient prosecutors across the country have that turned to look the other way. even in new york there is effort

afoot on part of democratic governor to maybe take another look at some of these bail reform efforts, whether they went too far. lee zeldin, former gubernatorial candidate, former new york congressman joining us right now. congressman, always good to see you. what do you make of this backdrop of crime? democrats are seizing on it saying it is just a way to go after alvin bragg. for him going after donald trump and it is republicans carrying donald trump's political water. yes we could get into that but i would be more interested whatever those views what you make of what they're outlining? >> you're having a congressional committee hearing on the topic that is the number one topic for people of all walks of life inside and around new york city and inside and around a whole bunch of other cities across the country. so regardless of whether or not it might be inconvenient narrative or some other issue

that a party would like to talk about the reality is, that you're hearing stories of real passion, real pain and policy advocacy that people strongly believe will make our streets safer. i believe this is congress doing its job, focusing on an issue that many people view as their number one issue. so i'm happy they're doing this. and you should also look at policies that might come from a place like new york city or new york are policies that might be next to get enacted in some other city somewhere else or some state capital somewhere else. talk about impacts of cashless bail and discovery law changes, raise the age, less is more, these are names of new york based laws. we should talk about what happens when you implement them. there are others out there looking to implement them in other states. neil: wonder how much does it register? i'm amazed in high crime cities,

chicago comes to mind, congressman, let's attack the high crime candidate was defeated, progressive candidate who mimicked pretty much everything lori lightfoot was doing is rewarded. that is always a bit startling, if crime was such and all encompassing issue, those type of candidates wouldn't be doing well, would they? >> i think that we're seeing progress but in some cities not enough progress. interestingly enough, new york city mayor eric adams when he was going through the democratic party primary running for mayor, you had ish you of crime, public safety up towards the top of the list when the primary first started. at this point the push inside of new york city was defund the police agenda. they took a billion dollars out of nypd budgets. coming off the george floyd murder, riots, blm protests.

by the time the democratic primary voters in new york city were voting a year later crime and public safety was right up towards the top of the list but at this point they wanted to see elected officials getting tough on crime. eric adams was the person getting that support because the democratic party primary voters believe he would be the one who would get toughest on crime. so i think that is a good case of where the democratic party primary voters showed that shift to the point where they could get a candidate over the top. as far as eric adams goes he is going to need a lot more help from albany. ultimately a lot of laws need to change. he will have to take on people of his own party. that is not an easy thing to do but it needs to get done. neil: we should note, your gubernatorial race you came within a whisker of getting elected in a blue state, bluest of the blue, making crime an important issue. that was a signal. we'll watch it very closely. lee zeldin always good seeing you, thank you. >> thank you, neil.

neil: all right. meantime we talk about republicans have had it with democrats, republicans had it with. latest from elon musk talking to our own tucker carlson about artificial intelligence and worries that he has, after this. >> what is happening they're training the a eye to lie. >> yes. >> it's bad. >> to lie. that is exactly right. to withhold information. >> to lie, comment on some things, not comment on other things. not say what the data actually demands that it say. or excuses to unplug. you can't buy possibilities, and you can't buy moments that matter. but you can invest in them. at t. rowe price

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>> a.i. is more dangerous than say mismanaged aircraft design or production maintenance or bad car production in the sense that

it is it has the potential, however small one may regard that probability, but it is not trivial, it has the potential of civilization destruction. truth gpt or maximum truth seeking a.i. that tries to understand the nature of the universe. i think this might be the best path to safety in the sense that an a.i. that cares about understanding the universe is unlikely to annihilate humans because we are an interesting part of the universe. neil: all right. when one of the world's richest human beings start saying be careful about the technology that has made me rich and this advancement into artificial intelligence or a.i., all of this with the backdrop of chatgpt and advanced a.i. getting a fresh regulatory look not only from europe or many in this country, it is a good place to start with andrew yang, former party co-chair, former

presidential candidate, forward is a big part of what mr. yang is about. very glad to have you back with us. >> neil, great to be here. neil: let me ask you a little bit about what elon musk was saying about artificial intelligence. he is all for looking at this new technology, but appreciates the gravity, indeed the risk of it. he was famous for saying i don't know how much he spelled out in the tucker carlson interview, go slow. take a six-month hiatus but be careful with this. what do you make of that? >> i think he is right to be cautious and concerned, neil, and we also should be concerned. i was talking to my friend about, hey, what is the worse that could happen? unwarranted military conflict. mass identity theft. spoofing of people by voices of their loved ones giving them a call. all these things are on the

table. science fiction scenarios are with us. and incentive for tech companies to go as fast as possible. you're in a bit of a race. in that context bad things are likely to happen. elon is spot on, in calling for a pause. that is why i joined him in that letter. neil: doing so, you recognized that those that have the view see the great potential but when china is even cracking down on some parts of it, we don't know how much is real coming out of china i grant you, but everyone embraces it but everyone seems afraid of it. a lot of people are nervous about the government getting involved this early on. what to you think of that? >> well it could have some very positive effects. i talked to a company that was making headway on helping find a cure or something that could help people with alzheimer's and als that would be tremendous for humanity. a.i. can be a force for civilizational progress but it can also destroy us at the

high-end. so you would, you would want to tailored approach. you would want an a.i. dedicated body that actually understands the pluses, the minuses, the different use cases of a.i. that is something we don't have because our government is decades behind this curve. we were getting away with our government being behind on technology for a long time but now it is getting more and more dangerous. neil: you know, andrew, you stood out among a lot of presidential candidates when you ran in 2020. you were thoughtful. you had issues that didn't adhere strictly to the democratic party or for that matter the republican party. you sought, sought out the common ties in both. that didn't reward you certainly in the democratic nomination. i'm wondering that you're looking at a third party, another way to go about things, you realize the impossible climb there, but do you think 2024

lends itself for a credible, viable third party candidate, whether what you're pursuing in a new party, whether know labels which is advances well beyond arizona and some other states, where do you see this going? >> neil, i'm a numbers guy. if you look at the numbers, 40% of americans say they're independent. 62% say they want a third party. let's say you had hypothetically a joe biden, donald trump rematch, a majority of americans are looking for another choice. if you look at new york city where we are or environments around the country, 75% of the country is either blue or red and people in that town or community just don't have any meaningful alternatives. so the forward party is here to create those alternatives around the country, primarily live at the local level at first. i think there is an appetite everywhere in this country. neil: you know i always find too, you and i gotten into these

discussions where someone goes through a checklist, even republicans for fear of getting criticized in their own party, follow republican mantra, democrats, progressive view, aligned to it, even though they don't personally agree with it. furthermore when it comes to third party alternatives, many americans who feel that way feel it might be a wasted vote, especially in a general election. if they exercise their gut the third party candidate might win but they're told it is a wasted vote. how do you get over that, or do you? >> you're completely right, neil. people have been conditioned and the conditioning only works if you accept it. reality if enough americans raise their hands look neither side is actually getting everything right. there needs to be a third approach. i'm for that third approach we can make it happen. if you look at america's history, we are overdue for this kind of realignment. you know i'm some one who looks

at numbers and trends. two party system is going to change. the question is, how is it goes going to change. will you and i, other americans who want a voice be part of that change. neil: you're still a young guy. there has been some concern that if it is a trump-biden rematch it is going to be two angry old men. i know i will offend i guess angry old men everywhere saying that but we have to go younger. what do you make of that? >> well i do jokes sometimes, neil, if it ice biden trump rematch, their combined age will be 159 years old. in a time where you have a.i. coming online, these other concerns you might want someone who has deeper, more direct understanding of the true challenges of this time. right now we're divided into idealogical camps. a lot of americans are sick and tired of it. they say you know what? i want someone who will address public safety and address a.i. and address, you know the

schools and whatever it is you care about in the community because you sense increasingly that neither party has to actually deliver for us in order to keep its hold on power. neil: so i don't know which baton you would fly under or even if you're interested but are you planning to run as a third party candidate in 2024? >> neil, i'm the son of immigrants who has been blessed to have been born in this country. i will do whatever i think will help move the country forward in a positive direction, no pun intended but i'm a very practical person too. i'm not someone who will do something that i think is counterproductive. neil: interesting. you don't look a day over 150 yourself. so keep us posted on that andrew. very good seeing you again. >> you too, neil. appreciate everything you do. neil: same here. ran a very smart campaign. he made you think. so whatever your views on the subject, one to consider maybe as we step back from all the

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-for saving us money. -thank you. [ laughs ] mara, your parents are -- exactly like me? i know, right? well, cherish your friends and loved ones. let's roll, daddio! let's boogie-woogie! neil: all right, all it takes is a big sales hit for a company to realize we have to backtrack on something right now. so anheuser-busch's association with a transgender influencer, dylan mulvaney, apparently ends, is sidetracked for time being amidst tumbling sales. they're bringing clydesdales back, could it be too little too late? let's get the read from david johnson, strategic group ceo. david, good to have you. whatever you believe on this subject i don't think it as wad caughtly tests at the company or

shared with great detail at the company. i could be wrong. there is alarms going up whatever a executive views are on those who are transitioning to another sex, what do you think? >> oh, i definitely agree. it is great to be on. look, this was an epic market fail. they did no really testing of it to see how it was going to go, how it was going to fly. and then appears they never ran it up the chain of command either and their justification for doing it, trying to reach a new audience really falls flat because the audience they say they were trying to reach, younger, females, upper class females were never going to be a bud light audience to begin with. this was an epic market fail. i would rank it with new coke. i know that is aging myself. neil: i remember the new coke. which wasn't that bad but i digress. you know, let me ask you, david, what it means now for anheiser busch and particularly what it

sells and customers to whom it reaches. is it permanent wound or is it one now by emphasizing more traditional ads about country and honor and all of that, all of this is forgotten, or, or, just it burn them with the woke crowd now that might be upset? >> i think it is both, it is the worst of both worlds for them. the reason i'm saying this, eight alienated traditional customer base, conservatives who are boycotting, feels return of clydesdales are too little too late, now the woke crowd is turning on them, they were crazy ever to done it, once they began they should have stayed consistent. i think it will be a long-term loss for them. they will really have to dig out of it. i don't see it happening anytime soon for them. neil: what do you make of the general woke push in general? we kind of lump so much into that, i know, david, i would be

curious what you make of that push? companies like to get, stars from these various groups that say you're doing a good thing, you're a renaissance company, you're very modern, you're in to with what is really going on in the, you're renaissance all of that, but they have to sell product when all is said and done? >> they really do. that is where with a lot of companies where we saw with anheuser-busch make mistakes. if you go against the brand story, your perceived values, embrace the woke ideology you will get hurt. if you remember nike also went with dylan mulvaney at the same time. they're not suffering the backlash. the reason is, they're perceived as a progressive woke company. so it was consistent with their beliefs. anheuser-busch on the other hand, they ailen 8:00ed their base. the reason it is so successful,

conservatives buy anheuser-busch, you alienate the base, conservatives say they will boycott you hurt at the stock market. neil: very good, david. love to have you back to see the fallout from all of this. i suspect it is just begun. let's go to jackie deangelis what is happening in 11 minutes on her great show. jackie. jackie: we have congressman russell frye and state of affairs at the house committees is meeting here today. beer backlash, you were talking about it. can the sharp pivot help anheuser-busch as they move forward. elon musk says they're training a.i. to lie. we'll dig into that at the top of the hour. more "coast to coast" after this. ♪.

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[shouting] neil: that was the scene late saturday night in downtown chicago going well into early sunday morning. hundreds of teenagers flooding the downtown. they smash aded a lot of car windows. tried to get in minute millenium

park. one person in a car was brutally attacked. the fallout, people are forgetting about what happened, moving on. giano caldwell not surprised. the outlook with giano caldwell, so much more on latest developments in a city he knows well and tragically lost his brother almost a year ago. here we go again but this was off the charts craziness? >> it was and i think from what we're looking at on our screen right now, this is the area where the dnc will be holding their convention. this is where people will be staying in hotels. they will be visiting around the city. so i guess the dnc picked the right location, the right city to display soft-on-crime policies and chaos which it caused. i know a lot of folks have been saying hey, these are teenagers but the truth of the matter is, in the city of chicago, often times a lot of teenagers are committing who are risk crimes including murder. we cannot use label teenager to

excuse this behavior. this past weekend we saw eight people killed, 27 people wounded in the city of chicago. the age range of the victim was between 14 and 65 and we have a mayor, who is coming into office, brandon johnson who is giving us an inside look what his administration will look like with his statement. instead of saying hey -- neil: he was saying don't let this be general indictment of all kids, i'm paraphrasing the fact of matter, it was largely kids. people, whether young or old are very nervous? >> i can, i can agree with don't let this being a general indictment of all teenagers. i can understand that, i can agree with. what i don't agree with, hey under my administration there will be penalties for this kind of behavior. people will go to jail. we'll go talk to parents. we'll do something proactively, versus give them pa welcome mat to commit more crime. what i saw in that statement

what teenagers, those who want to commit crimes in chicago can take solace in, no criminal penalties for this kind of behavior. it is more of the same of lori lightfoot. actually worse. maybe lori would have said something about getting police involved, maybe she would have. i'm discouraged by this kind of behavior this is the start. this is the very start of a springtime where things really get out of control in the city of chicago and as we turn the page on one mayor to another, it is looking very bleak from what i've seen from brandon johnson thus far, neil. neil: that is who where the democrats chose to hold their convention next year. wild stuff. as always my friend, giano caldwell. >> thank you. neil: the dow down 30 points right now. markets fairly tepid. we'll keep you on track of that after this.

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