let me clarify this, the deepest point, not the average depth, deepest.on any of these rivers. ashley, you first. >> haven't a clue. number three. yangtze. stuart: mark tepper. >> number one, kong go. stuart: i will go with yangtze. the answer is, congo river. it reaches 720 feet. it flows through central africa. i'm not sure where the deepest point is. 700 feet deep. out of sight. mark, thanks very much for staying with us the entire hour. we appreciate that. ashley we'll see you again tomorrow. i have got 15 seconds. check the markets for you real fast. i see red ink. not that bad. it is not that bad. 87 down for the dow. 16 up for the nasdaq. time's up for me. expose to coast starts now. neil: don't look now

donald trump, ron desantis, they're at it again. one of these guys is raising a lot more dough and the other is securing a lot more indoorments. both are crucial. who really has the overall edge? we have former trump official ken cuccinelli, launching a political action committee not for his boss already running but the florida governor he is pushing to hurry up to get running. keeping up with crypto, back under 30,000 bucks a coin. meet billionaire venture capitalist absolutely convinced going to, are you sitting down $250,000 a coin. not years from now, how about one year from now. tim draper mass arguments loading up on bitcoin while you can. more layoffs coming at meta. to hear elon musk tell us the one big worry for the economy no one is talking about. the one the space man says we all better and fast because it's brewing and faster.

welcome, everybody, i'm neil cavuto. what could be that big worry on the part of elon musk? he told us. take a look. >> one company after another is canceling their leases, or not renewing their leases. if they go bankrupt, there is nothing for the bank who owns that real estate to go after. previously strong company, now dead. we really haven't seen the commercial real estate shoe drop. that is more like a anvil. not a shoe. neil: it is interesting issue i want to raise with kenny polcari who joins us right now, slatestone chief wealth market strategist. it has got more attention. much more alarming during covid some people doing work from home. now we're finding out a lot of those people, still have not come back to the office. it is affecting you're not only corporate leases but corporate real estate in general. it's pile-on. do you worry about it?

>> i think he's right i think we all have to be worried about it. certainly a conversation that is starting kind of permeating the narrative as we talk about. i think it will happen next month or over the summer? no. i think more after late 23, maybe early 24 event. elon musk everyone else is raising the flag on commercial real estate is correct. starting to see companies defaulting on their debt that will only start to pile on when you think about companies having to decide, are they keeping office space. can they keep isn't do workers even want to come back? that is other pushback you and i discussed many times. the generation behind you and me, they're happy working anywhere else but the office. which doesn't make a lot of sense to me. i think they miss so much when they're not in a office. it is what it is but i think we have to be concerned about the, what is going to happen in the commercial real estate market, how that will affect the

investment landscape. neil: especially if companies lay off a lot of workers. meta saying latest adding to, detailing thousands of layoffs that were already telegraph. amazon looking to get rid of back staff, support staff. on and on we go. that is one-two punch feeds elon musk's worries, what do you think? >> i think that's true. i think some of the stocks in the market weaker today, not necessarily disney announced, meta announced they're laying off more people. i think a lot of people expected that. i think the market more struggling today, a, i think it is toppy. b this conversation where we're really going in terms of the fed and rates really last hike. we're talking about a may and june hike that has got the market kind of nervous. look what happened in the uk overnight. they reported their consumer price inflation number went back up above 10%. it is going in the wrong decks

which is fear that will happen here. if jay powell slows down too quickly, if he stops or he pauses, is it going to turn its ugly head. you and i had that conversation. we lived it back in 79, 80, 81 when that in fact happened. neil: you're right about that while i'm talking to you i want to see how much politic weighing how you see the market. the reason i asked, robert f. kennedy, jr., the older son of the late robert kennedy is getting ready to announce a presidential challenge to joe biden. if you think about it, kenny, i think i'm older than you, as a kid i remember when bobby kennedy challenged an incumbent president lyndon johnson and eugene mccarthy. all of sudden looked like a lark upon challengers had lyndon johnson stepping out of the race. we're a long way from that. i'm not saying that history will repeat itself here with the son of the senator but what do you

make of this political environment right now, fast changing, more entrants in that race, more entrants obviously in the republican race, it is getting crowded? >> i think there will still be more on the republican side. neil: absolute lie. >> i'm anxious to see who throws their name in the hat. there are interesting names already. you have to start pay attention to some of people in there. the one i will remember from a kid was teddy kennedy challenging jimmy carter, the one that you referred to. i was a child then. so i don't remember -- neil: rub it in. rub it in. >> teddy kennedy challenging jimmy carter, i was in high school. i was graduating high school. neil: whatever happens i think it is important to point out in 1968, again in 1980, you could even extend it to republicans, 1976 with ronald reagan taking on an incumbent president gerald ford, whatever you think of those candidates and parties and years, for incumbent party in the white house it lost them the white house. >> no, i agree and i think, very

interesting, when i heard that robert kennedy was going to challenge joe biden i thought, okay, now this is spoke to get interesting. there is lots of back and forth about who the democrats really want and are they secretly kind of looking for somebody else to support? so i think the game is just started but it will be very interesting. neil: kenny, i want to thank you. turn up sound here he just made it official here. we don't have to get the time he already said. thank you very much. back to robert f. kennedy, jr., announced he indeed running for president. let's dip into this a little bit. >> state and corporate power threatening -- [cheers and applause] , is threatening to impose a new kind of corporate futilism in our country. commoditize our children, purple mount tapes majesty, to poison our children and our people with

chemicals and pharmaceutical drugs. strip mine our assets, hollow out the middle class, keep us in a constant state of war. [cheers and applause] neil: this is a big deal. if you look at family hierarchies patriarchies, robert f. kennedy, jr., the oldest son of the former senator and former attorney general who was gunned down in 1968. of course everyone remembers that. robert kennedy, jr. was all of 14 years old at the time, the he would deft son, really affected him deeply. he has veered from a lot of the orthodoxy of his family. not his entire family, the kennedy clan is really keen on this presidential run where he stands on some key issues, for example, like vaccines. very much anti-vaxer. that of course has raised concerns within the democratic party, does very much further to go? but he is out there as a challenger, yet another kennedy

challenging incumbent democratic president. of course his father, famously did it against lyndon johnson after lyndon johnson already exited the 19168 presidential campaign after eugene mccarthy put up strong numbers in new hampshire, the primary that year. he didn't win it, made the president look so poor, but lbj decided not to run again. will history repeats itself. we thought we would give you a taste of that what it means right now. we're focused what is going on, what is happening for the markets, economy, backdrop more and more candidates coming into this race with this debt problem all around us, concerns about the next fed meeting. we have a lot happening concurrently here with all of that. i want to go right now to kevin has it, former top money guy for donald trump, what he makes of these political currents. you know you think about it,

kevin, we've been through so many races and events and things that aren't supposed to go one way but they go one way. donald trump's emergence as a candidate is a good example of that. this backdrop for joe biden right now. does any of this enter your sort of economic outlook? is it all noise at this stage? >> no, i think it is really important for the outlook. the way to think about it is, the debt situation in the united states is really close to being at a crisis level. you know you've been, i think budget hawk is the wrong word for you. you're a budget realist, right? what is practical, what can we get away with? right now we're looking at interest payments that are a trillion dollars a year over the next 10 years which means the interest payments are now bigger than the defense budget for example. neil: wow. >> and that is not something that can really be sustained. imagine if the fed has to lift rates a couple more times. i think they will have to. i think that will make long end

of the curve go back to 5%. you're really good at math, $32 trillion, 5% interest rate, that is easy, 1.6 trillion a year which is double the defense budget. we're heading to financial can clam at this, that could happen people anytime stop owning treasurys. joe biden is in denial about it. kevin mccarthy gave a speech he understands it. that is the big political issue of our time. we're really close to bankrupting our country. neil: people think cooler heads prevail, kevin, you're a student of history that has always been the case t doesn't take much to slip up. knowing you were coming on, i have to do my homework every time you're here, kevin, 2011 we avoid ad government default, we avoided a protracted shut down yet our debt was still downgraded back then because of

all the craziness prior to it. it doesn't take much to undo a ball of yarn. what do you see happening? >> yeah, that's right and frankly i would be worried about it a lot. you know as the council of economic visor chairman one of my jobs was to meet with the bond raters and talk about the u.s. bond rating. something i study ad lot. i think i took a play out of the cavuto playbook, what i did i had my most junior guy meet with them, i figured if i met with them they would know we were nervous, i really did do that. but right now, if it were me, i were in the job again i would have to meet with them because the fact is, you know by any america sure, because interest rates have gone up, we've added 6 trillion since joe biden took office to already high debt, national debt, frankly, downgrade is almost sensible. and i think that is the kind of shock that right now markets are just ignoring. i think markets are ignoring the fact inflation is out of control. neil: they don't think it can

happen, they don't think it can happen, right? >> right when i give talks to financial institutions, think of inflation like covid, we'll have wave. we come off of a wave that went down. the wave is going back up because of opec, price of gas, and so on. we'll have another wave, fed will is to keep tightening. against the backdrop i'm nervous about the solvency about the u.s. i think that kevin mccarthy has a plan to do something about it but he -- neil: he is pegging it, kevin, to the debt ceiling. we had a quid pro quo understanding in the past we're at the ceiling to negotiate afterwards, after the ceiling is raised, address some budgetary issues, this is the first time, he is tying it, that he is trying to tie it to flipping that switch. we don't flip the switch and raise the ceiling until and unless we get these spending cuts. administration said that ain't happening. so what do you see happening? >> no, but, neil, you know, come

back next week and we'll pull some tables from a congressional reserve report. but it is pretty common to tie the debt ceiling to policy changes. the first time i can remember in my lifetime the cigarette tax is actuality there because they combined it a debt increase. joe biden voted five times what they called a didn't at this he gave a floor speech against it because we weren't cutting spending enough. when joe biden ran negotiations for president obama, they cut spending too. mccarthy's reasonable and historically precedented. that is what the endgame is going to be. neil: always good to see you, kevin hassett. former council of economic advisors chairman. author of the drift. gets what is happening in this country. a timeless sort of treatise what

we stand. i told but the manoyymano about the donald trump and race with ron desantis. some developments for daunt ron desantis that could give him a distinct advantage over president trump. we'll ex-more and explain after this. ♪. the 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: they call it the happiest place on earth. right now it is probably the most litigious place on earth. the back and forth disney is having over governor ron desantis over the whole reedy creek thing, who has control of that, it is boggling the mind but fortunately ashley webster is able to keep track of this soap opera. he joins us now with the latest on where this all stands. sir. >> reporter: well the question, neil, is disney a family-friendly good neighbor or scrooge mcduck in sheep's clothing? a newlily appointed board charged with taking over the reedy creek tax district believes the latter. tourism oversight district is firing back after the former board made some last minute legal moves that handed governing control back to

disney, leaving the new board essentially toothless. well today, new board chairman martin garcia says that move was simply illegal. it is time to end the sweetheart deal disney enjoyed for the last 55 years. take a listen. >> regardless of your politics, nobody should favor outdated legislation that elevates a corporation above the public good, seeking to approve the functioning of this district nothing is off the table with this board. >> reporter: well the board is still meeting right now, it will consider soon resolution asserting the board's quote superior authority unquote, over the district that covers disney world's 27,000-acres, claiming disney's 11th hour move was a violation of florida law, that is. it should be null and void. but disney disagrees. recently claiming it was all aboveboard saying in a statement, quote, all agreements

signed between disney and the district were appropriate and were discussed and approved in open, noticed public forums in compliance with florida's government in the sunshine law. governor desantis, says, disney did break the law. ordered an inspector general to investigate and state legislature is also considering an amendment that would take back droll of disney. where will it end up here? the legal experts say it could end up in court with both sides claiming they have the law on their side. it is ugly and getting uglier still. back to you, neil. neil: doesn't change. thank you for that, ashley webster following that little drama. meantime political action committees are pushing their respective candidates. you've seen a lot of nasty ads on both the part of donald trump and of course the, as yet unannounced candidate ron desantis but this particular ad for ron desantis is an interesting one to watch

particularly right afterwards i will tell you who is behind it. take a look. >> donald trump is being attacked by a democrat prosecutor in new york. so why is he spending millions attacking the republican governor of florida? trump is stealing pages from the biden-pelosi playbook, repeating lies about social security. here's the truth from governor ron desantis. >> we're not going to mess with social security as republican. neil: they go tit-for-tat, the guy behind it ken cuccinelli, his pac is never back down political action committee working to see ron desantis as a presidential candidate. interesting to note because you remember in the case of ken he was former deputy secretary of homeland security for the former president. joins us right now. ken, good to have you. why ron desantis? >> good to be with you, neil. ron desantis is the most successful republican chief executive we've seen in decades in america and, he has done a spectacular job in florida as demonstrated by his winning record without ever backing down

on his conservative principles. he won over, almost by 20% in the largest swing state in the america. he had the biggest coattails we've seen in a long time right down to school boards. nobody else who is looking at running for president can say that, or anything like it. so we hope he gets in this race and believe he is the best opportunity for the future of america, starting in 2025. neil: ken, has your old boss gotten back to you on this and called you a traitor? >> no. it hasn't gotten personal with me even though he has gotten personal with governor desantis. neil: right. >> i explain in short terms that i thought desantis was the best choice. it was polite, civil exchange but, via text but that's it. neil: did he text you back? did he text you back on that? >> no, not after that, not after that. he initiated but, i found that

across the country. i've been traveling to states all across america. ordinary voters, conservatives republicans, independents, are, they can't wait for ron desantis to get in this race. they are so impresses with what he has done in florida. when we tell them the rest of the desantis story, his personal story, working his way through college, winning, having the coattails they don't necessarily know the rest of the country they get very excited to support a desantis for president campaign we hope will arise sometime in the next couple of months. neil: because you know, the poll numbers don't bear that out. of course it is very early and you and i talked about these kind of things at different times. >> yes. neil: right now donald trump, even oddly after the indictment, the first-ever for a former president, is as popular as he has ever been in the party that might be short-lived to your point. to your point, ron desantis is raising a lot of money, north of

$30 million supporting a presidential run if he ever decides to pull the trigger. do you have any idea when he will pull the trigger? >> i don't have anymore idea than you do, neil. he is obviously working hard in the florida session and getting an awful lot done. you all were cataloging the battle with disney. frankly republican voters want to see a fighter. here we have the best conservative principled fighter in america who is also the most electable potential candidate. continuing the fight with disney and winning the fight is important across the country. neil: why is it important, ken? >> let me get to that. that is a great question. neil: -- i understand over this whole don't say gay thing i get that, disney is a big state employer. a lot of people have fond views with disney. >> yeah. neil: this is sort of messing up, is he pro for big employer in his state? is he not? is it muddying the waters, what do you think? >> well look, he didn't start

taking on disney until disney started interfering with the efforts to protect children in schools in florida. so if you want to kind of look back to the beginning but when ron desantis engaged he did not back down. you all were reporting on some of the manuevers disney is trying and governor desantis keeps on fighting. we're so used to seeing republicans roll over when they get challenged like this. it is a beth of fresh air for republicans and conservative grassroots folks across the country to see someone actually keep up the fight like this all the way this to winning. it is unfortunate that others who are already in or looking at getting in the presidential race are on the other side. they're on disney's side. this cultural fight, that is what it is, is important to a lot of voters because they understand it is really about the values that make america a great country. only one candidate, only one

governor, has ever protected america against this scourge that disney has become the last couple of decades. the fond memories that people have you referred to of disney are from a long time ago. disney has become more of a force to undermine good, healthy, positive, patriotic america culture than a supporter of it. neil: i don't know, ken, the parks are still packed, right? people are wall to wall there. it is not everyone. >> that is all right. he got a 20 point reelect in florida with everybody seeing this fight going on. neil: yeah. it is a small world after all. >> voters chose. neil: thank you very much. very good seeing you. >> as long as you don't have to sipping it. neil: don't go there. ken, appreciate that. meanwhile it happened again, tesla cutting prices on some of most popular vehicles, second time this year, 6th time in all. what's going on here? after this.

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♪ ♪ ♪ be by your side... ♪ ♪ i'll be there... ♪ ♪. neil: all right, tesla cutting prices again. i think i said that it is the second time this year. it is actually the exec time this month. it is the sixth time this year. i always think of people who have bought teslas, seeing price cuts, several price cuts ago, before the cuts start in the the first place, hey, where is my price cut. scott martin, fox news contributor, i don't know if he is one of them he is smart in whole trend of evs. say this, scott, if you are looking for the chasm between the price of evs and gas-powered cars to nair i don't looks

like -- narrow, looks like elon musk is looking to do that. >> i'm aligned with you and other viewers i'm always looking for a price cut whether taco bell or elon musk. he had a series of price cuts, doing what he can to decrease the chasm as you mentioned. biden other folks you have to drive evs, california mandating it in number of years, neil. who is mad at them? people who owned carss already pay for them, love them as we know by many surveys show a lot of tesla owners are very pleased with the car, versus new customers, versus last time i checked what he was trying to get, businessman, somebody running the company well. so i don't think it's bad thing, other than bringing some publicity to tesla again to distract from the twitter debacle of today and yesterday. maybe it does good things for the car sales going forward. neil: he has talked about other things as well. you know he is always in the news, given his wealth and you know, he is a pretty influential

guy. he is bemoaning corporate and commercial real estate. more to the point he is talking about artificial intelligence where he is there, he is surprised this isn't showing up, i'm making that extension here in the markets or in group think. he is concerns he says others are ignoring. i don't know if he is saying we're headed for a crash, i don't think he is but he is you should be concerned because no one else is concerned, what do you think? >> that is a good call sometime, but also other people are concerned. i've seen it on our network, others, last several weeks, months, the crash in commercial real estate. kind of like the joke that the recession coming in the market and economy. isn't it funny, how price, neil, have funny way of saying it, showing it rather? prices held in there pretty well as stock prices. reits that own the commercial real estate. that is the ultimate judge. so far so good. i'm worried about what elon says

about a.i. i think he might be sort of a future a.i. robot come back in the past to talk to us. if he is concerned about it, that is something to take a warning from. neil: it would be like you said, get out of the market, get out of the market. >> don't eat fast-food, exactly. neil: always good seeing you, scott. good sense of humor. good at kidding yourself. scott martin on those developments. you know tim draper. amazing young man, i caught up with the phenomenon around him. knows a good deal about real estate. got very rich doing it. gifted venture capitalist. he paid attention to bitcoin, seeing something in it. are we missing something? what he says now with bitcoin dipping under 30,000 a copy. you are certainly missing something. he sees it going to 250,000 a coin, sooner than you think, after this. ♪.

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♪. neil: all right, right now we've got bitcoin at under $30,000 a coin, a little bit north of 29,000, but if my next guest is right this could be a buying opportunity for you. it could get all the way up he says $250,000. i called him a young man, because in my view, he is roughly my age, a young man, a bold thinker, became a gazillionaire investing in companies people used to laugh at like docusign, coinbase, of course twitter. i could go on and on with spacex, tesla, done very well, steeped in his family tradition. tim good to have you. >> fantastic. thanks for having me on your show. yeah, i'm very excited about what is happening with bitcoin.

no one is very comfortable with their bank right now. i think that uncertainty is creating all sorts of problems but, but we had a real, when silicon valley bank went out of business we were approached by about 15 or 20 of our companies, all saying they needed an emergency loan because they couldn't cover their, their payroll and the board and management is responsible for that payroll and if that payroll isn't made, it comes the out of their pockets. so these people who had their entire, entrepreneurs, bigger businesses that had their, all of their money tied up in silicon valley bank couldn't get it out and, and so now we have a policy, when we, when we fund a company, we say, okay, your treasury, in your treasury you need, you need two banks, and,

you should have two payrolls worth of bitcoin in your treasury, so that you can make payrolls, work your way out of whatever it is that might happen if there is another bank failure and i suspect we'll have a few more. neil: can you still get that out of -- still have a bitcoin portion of your dough at a bank doing that, or do you have to go outside doing that? because that is the concern and fear about that investment. go ahead. >> no. i think you keep your money at coinbase or, or on a ledger. neil: right. >> i think you need a hedge against banks collapsing. our central bank is -- neil: why not gold, tim, in that case? a lot of people say -- >> because you can't make payroll with gold. you can't make payroll with gold. you can't give pieces, here i will give you pieces of gold for the two weeks you have worked

here. nobody can go buy anything with that gold but bitcoin is pervasive. it is everywhere. it is decentralized. it is open. it can be transferred everywhere. globally accepted. neil: to do well, tim, does the dollar have to tank? that has been the argument, that rogue investments like bitcoin, to a lesser extent gold, they do well when everything goes kablooey around you? during the bank thing that was certainly the case but you're making an unusual case here saying not only is bitcoin, you know, a buy, in this environment going to do well, but, if you're right, really, really well. $250,000 a coin, when do you see that happening? >> i would say, let's see, we're almost at june, so, within a year we should probably see that price. neil: within a year? >> in fact i've been accepting bitcoin for tuition at draper of

the. neil: wow. >> for advertising at, meet the drapers. we have 40 million viewers of meet the drapers, our show. i've been accepting bitcoin for investment in draper associates. neil: that is good for you, i understand that, not everyone is doing that. so what is the argument for, what the catalyst? because you will have to get a lot more people than you doing this. >> i don't know how many more bank failures to need for people to say we need some bitcoin. neil: bank failures? >> this is a hedge against bad governance, against inflation, against centralized banking, against, it is a hedge against all those things. it is also long-term, it's better way to operate. long-term, bitcoin, is just, it is better currency and, i think the regulators need to understand that they should,

they should encourage banks to accept bitcoin rather than trying to push it away. by pushing it away, they are pushing away something that wilr global economy. i think that can be very dangerous. so i think we're either going to have a big, everything will be fine, fine, fine, then it will just go right off a cliff, or we're going to have, if we get deregulated banks, then the banks can participate in this new economy that is coming. ask anybody who is under 35 years old, you know this is coming. neil: okay. >> and, and if they deregulate, then we'll have a much more smooth transition into a bitcoin economy. neil: we'll watch closely. tim, i don't know anyone under 35 years old. i try to avoid them because they're so young. we'll see what happens. tim, very good seeing you.

tim draper, uncanny read of these markets. people laughed at some of his investment bets before. he has done quite well going against the grain. think of that, bitcoin, 10 times more valuable a year from now. that is like brian brenberg today. he is 10 times more valuable today. professor, what is coming up? brian: neil, elon musk warning an economic anvil about to drop. we'll talk to larry kudlow. senator bill cassidy at the top of the hour. after more "coast to coast." ♪. ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently.

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owns the most agricultural land as we look across the country. that is getting more and more scrutiny from lawmakers both at the federal level and locally. you can say, see here on this map that we've made for you, that according to the nag national agricultural law center, up until this year 30 states allowed for an investment in farmland. they had no restrictions on the books at all. but that is now changing this year more than a dozen states, they have already had, more than a dozen states actually, they had laws on the books coming into this year, banning foreign investment the after recent events like the china spy balloon, another six states are taking action. they are restricting foreign investment. local lawmakers tell us here the tarheel state is poised to be next. watch this. >> what triggered the conversation of building this

bill was this spy balloon, that security risk to north carolina as it flew over north carolina you saw toward the end of its life. >> reporter: heightened scrutiny is putting the spotlight on one particular company that operates predominantly north carolina and virginia, smithfield foods, the world's largest pork producer. smithfield was acquired 10 years ago by a chinese company now known as wh group and smithfield tells me it would not be impacted by a restriction passed here in north carolina because they say they're not owned by the chinese government and instead, smithfield says it supports the american economy because it employs 40,000 workers here, owns 500 farms, works with more than 2100 local hog farmers. neil, also some of those local hog farmers have concerns as well as national security experts because they point back to the ownership by wh group, the chinese company, and they

say that could potentially give the chinese government access to information or our food production processes here. one final note, neil. local lawmakers tell me they like smithfield. they support smithfield here in north carolina. their law, they say also will not impact smithfield's operations. if passed next week that law will prevent foreign countries, adversaries like china, russia, iran, state controlled entities purchasing agricultural land or land 25-miles from a military base. neil: lydia thank you. this is a bipartisan concern about chinese scooping up all the land. we have a new york assemblyman. good to have you back, assemblyman. this is a worry for you, people think of new york, new york city, but don't think of farmland, rural areas. that is most of the state. so you're concerned about what the chinese are doing.

if you could spell it out? >> i'm sorry, i can't -- neil: can you hear us? okay. just to explain what he was doing, we'll take a quick break, maybe fix things up here. in new york as well, a bipartisan effort to rein in on all the chinese investment bringing together democrats and republicans. it happens. more after this. .. this small thing, is the next big thing in dia this s woah.hing, it shows your glucose, and predicts where it's headed,

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adam: neil: we have angelo santa barbara with us. >> i can hear you and answer back. neil: a lot of people look at this as a democrat or republican issue but this has drawn bipartisan support. >> exactly. i talked to that farm owner. very concerning this is happening. it is flying under the radar. when we looked at the numbers from my office we started to do some research this stems from tension on the global stage with china being more aggressive with each news cycle. what we see from 2020-21 alone, the amount of land they own has doubled from 200,000 acres to

400,000 acres. it is agricultural land, farms like the one i visited in amsterdam, new york produced dairy, beef, a number of things that are part of our food supply chain. we don't want countries on the foreign adversary list, there's a list determined by the secretary of commerce that these are countries that engaged in things that threaten our national security. what more do you need than that to put this in place when you see spy balloons surveying our land in the united states, when we see here in new york city the new york times reported two men engaged in unauthorized police outposts in new york city, that was reported this week, they are accused of conspiring, their agents

operating here trying to influence in new york city in the united states, this is behavior that threatens national security but not just china, other countries on the list like north korea, russia, and other countries deemed a threat to national security. we need to protect our food supply and this may be a first step once we see where these properties are, close to military sites or used for a number of purposes not in our best interests and we need to put a stop to it. neil: you do have bipartisan support for this. so much of the empire state, good agricultural farmland, the chinese are scooping it up. brian is going to be doing the honors as we kick off "the big money show". >> i hav