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ashley: producers know i love david bowie. thank you for very for slippingt one in the great david bowie. ite is 10:00 eastern time. i'm ashley webster in for stuart varney. let's get straight to your money. nothing to get excited about, a wait-and-see start to the week. look at 10-year treasury yield. the yields are are moving ever so slightly higher. we're up almost six basis points. right around 3 1/2%. take a look at the price of oil. we have not done that yet this morning. oil down, actually up 2.25. now at $72.96 a barrel, about 73 bucks. let's hook at bitcoin came down over the weekend on reports of a bit of congestion on the bitcoin network, down almost $1700, at

at at now this. president biden trying to ease concerns about his old age. he says it benefits him in the 2024 race. listen to this. >> why would an 82-year-old joe biden be the right person for the most important job in the world? president biden: i acquired a hell of a lot of wisdom. i've had more experience than anybody run for the office. i proven myself to be honorable as well as effective. ashley: apparently knows more than most of us. look at this, voters think trump is more physically, mentally fit for office than biden. trump mental sharpness, 54% on the biden 32%. physical health, 64-33. that is a big gap. david avella joins me right now. >> good morning. ashley: donald trump is not

young either, head's not pretend. he comes across more vigorous that is for sure. do you think his age will be an election issue? >> no, it will not be an election issue. it was march on the president year johnson realized it was time for the country was time to move on. as he looks at the it gives dems a chance to put somebody else in there. whatever the democratic, there is floor of electoral collegeth guaranteed, states lying california, illinois, new york, which have been reliable for the democratic nominee, you're looking 24 very much lines up with 2020 and 2016 that there is about six states that are going to decide this

election, pennsylvania, michigan and wisconsin are three that went from trump to biden. republicans have to figure out how we win those three states. we have to make sure we hold on to georgia, north carolina and arizona. here we are a year-and-a-half out, the battleground is quickly finalizing to those six states. ashley: yeah. well you know, we know that joe biden is going to go after what he calls the maga extremists. he says they are going to dictate what health care decisions women can make, banning books, telling people who they can love. these kind of issues, how does the gop respond? >> we have continue to promote where the country would be four years after our nominee has been in the white house, we know, there is no question, that americans disapprove of many of the actions of this administration, all of it starting with afghanistan.

you have seen the president's numbers continue to decline from that point and as they continue to learn more, whether it be the banning of gas stoves, whether it be trying to make our military run on electric vehicles. decision after decision the country decided this administration is making the wrong decisions. the key for republicans is to have an again dan this is where we go if you give us four years in the white house. ashley: sources say governor ron desantis may skip the protection morer to committee. he may start the campaign next month. i think this will be a bruising primary? >> right now the battle is who can collect the most delegates

to the republican national convention. it is those approximately 2500 delegates that select the nominee. what we know is that the trump campaign is in full effort, led by brian jack and suzie wilds, veteran strategists who are courting these potential delegates and doing what they can these individuals want trump to be delegate for their states. so for the other candidates as much as it is fun to go out and make speeches, do news interviews, and those are important, the battle right now who is collecting delegates. ashley: exactly. it will be interesting either way. david avella, great stuff. david, thank you for being with us today. >> thank you. ashley: thank you. video, videos by the way of governor ron desantis's debate prep from 2018 leaked online. they reveal his thoughts on dealing with former president donald trump. come in here, lauren, what did

he say, what's the reaction been like? >> ashley, it is interesting, this was five years ago when he was running for florida. congressman byron donalds and matt gaetz who endorsed trump for 2024. they condemned abc news for the leak. they coached desantis for the tape in 2018. these tapes show two themes important then, honestly more important now, first how does he mapping the trump question and not alienate trump voters? the second is likability. you can hear in the tape a suggestion being made to write the word likeable in all caps on the top of his notepad. to remember, don't sound condescending, smile. so the desantis team is blasting this week as well. theyeded, that would be what is expected from the disney owned abc. ashley: right. i would point that out.

it already has been. lauren, thank you very much. let's get back to these markets now. kind of a quiet start to the new trading week. ever sew slightly down. nothing to get excited about. luke lloyd joins me now. luke, regional banks are own the upside today. what is your reaction? are we getting some stability back? >> i think they were on the upside. i'm pretty sure the kre is already back down, right? i think banks had the quickest exposure to rising interest rates, fear people have run on the banks. ashley: yes. >> what nobody talks about the actual broad story this tells us. it is not just about the banks. companies got lazy with risk management and a lot of companies got greedy, and honestly they got rewarded for a long time by being greedy. they got extreme valuations, and many founders and owners became billionaires. those same companies took out a lot of debt and many companies

weren't fiscally responsible. many companies were not prepared for downturn and higher interest rates. 20% of the s&p 500 debt needs to be refinanced before 2025. this will be a headwind going forward t will hit margin for levered companies a sideways market or stagnant market is feasible. look at the past two years. the market returned nothing in two years a long choppy market is something nobody talks about. we got so used to excessive double-digit returns. we are blinded a lot of debt and stimulated returns got pulled forward. ashley: we were spoiled for a long time but i want to get on to this issue. you're concerned about artificial intelligence. why? >> i'm very concerned for artificial intelligence. automation means less jobs as we come out of the rough times. productivity is lowest. chatgpt is big part of this. less jobs, more automation, means more income flowing to the top and less income to middle america.

middle america we already seen how screwed mid mill america has become last couple years. income divides, middle class separates. we have a fight for capitalism. artificial intelligence or technology over the past 20 years created new jobs, mostly higher paying jobs, right? what if we're at a tipping point artificial intelligence displaces jobs, doesn't create any new jobs, right? capitalism doesn't work when jobs don't exist. we have opposite unemployment issues. systemic rise in unemployment, less jobs give as leeway to path for socialism. we know how socialism works out. no good. ashley: yes we do. luke lloyd, thank you, great stuff as always. >> thanks, ashley. ashley: always brings lots of enthuse a. lauren bringing in top losers, tyson foods. lauren: down 12 1/4%. reported a surprise loss cut full-year revenue forecast.

the ceo says we'll continue to face headwinds going into the back half of the year. it is so unusual in his experience seeing beef, pork, chicken experiencing challenges at the same time. on to better news, six flags up 18%. costs more to go. fewer of us are actually attending, attendance down 5% in the quarter. market cheering we're spending more. guest spending up% to $80 per person. sticking with travel, airbnb they report their earnings tomorrow. they're rolling out new features for what is expected to be their busiest summer travel season yet. renting individual room in someone's house when they're actually there. the stock is up 4%. that sounds like a terrible idea to me. ashley: i would hate that. would be my nightmare. someone will do it. lauren: it is cheaper. >> lauren, thank you very much. now this, president biden

deflect as question if he will serve a full term if reelected? president biden: i think vice president harris has not gotten the credit she deserves. >> critics day you're elevating her because though don't think you would serve a full term. president biden: [laughter] ashley: he just laughed. his video featured harris 10 times. china could end the war to ukraine by bringing russia with peace talks. kt mcfarland will deal with that. fox news video shows a massive line of migrants lining up in texas after crossing the board illegally. this as title 42 is set to end in three days. bill melugin with the full report from the border next.lege

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that's 1-800-217-3217. ashley: all right. take a look at the markets quickly for you. we're down slightly, down a quarter of a percent on the dow. s&p and nasdaq also down a 10th or two, all very muted at this point. i want you to take a look at this video. it shows hundreds of migrants lining up in brownsville, texas after crossing the border illegally. what are they waiting for? they're wait for title 42 officially end on thursday. bill melugin at the border with the very latest. bill. >> reporter: ashley, good morning to you. the numbers are already starting to explode. border patrol says last week alone they made more than 54,000 migrant apprehensions. that is almostthousand every

single day. the surge is continuing here in brownsville. we'll go back to the video you were showing. stunning images from the fox drone team, showing one of largest single groups we ever seen during coverage of the border crisis. hundreds upon hundreds of migrants gathering illegally in single file line waiting to be processed. almost single adult men. zero children. very few women in the group as rio grande valley sector continues to be overwhelmed with thousands of illegal crossings every single day. in brownsville another incident. warning to our viewers some of this is graphic. eight migrants were killed yesterday, 10 others injured after a driver in an suv plowed into them in front of a migrant shelter here in brownsvillle. the scene was very disturbing. bodies went flying awe al over the place. the driver is in custody. i is being charged. they're trying to figure out the

motive? was this an accident or lose control of the car or sinister intent behind this. take a listen to what one of the migrants on scene had to say. >> translator: all of sudden bodies flying all over. there were dead. some missing legs. it was horrible. >> reporter: we'll take you out to the other side of the state in el paso. video you're looking at right now from one of our contacts showing a large group of several hundred migrants essentially pushed their way through the gap in the border fence. they have crossed illegally into the u.s. they're waiting for border patrol to arrive to process them. they hope they will get released in the country. not everybody stands around and waits. look at drone video from el paso. what you see another group of migrants who crossed illegally. they're not waiting for border patrol to tee h dedane them. these are evaders and got awais.

they walk near interstate 10 in el paso. there are a couple dozen. they're not turning themselves in. they want to get into the country. they have no interest in being processed by border patrol. they are dealing with the large groups. there are not agents on hand to apprehend the folks. sometimes they are got-aways if they are not captured. back out here live the number of got-aways on the border is shooting through the roof. border patrol said there were 18,600 known got-aways on the border. almost 19,000 people who snuck into the united states in a single week. ashley, backs to you. ashley: remarkable. that drone footage tells the story. meanwhile dhs secretary, alejandro mayorkas, yes the administration is prepared for title 42 to be lifted. watch this. >> we've been preparing for this for quite sometime. we tried to end title 42

repeatedly. were stopped from doing so by the courts. so we are prepared number one. number two, we have migration information center specifically set up to communicate with state and local officials and we have been doing so. ashley: okay. kt mcfarland joins me now, good morning to you, kt. first question is the administration prepared? >> clearly not this living in some alternate reality. they think everything is just fine on the border. all the steps they're taking are going to work perfectly. they have not worked. they won't work. give you one example. you showed terrific footage of lines, got-aways. what did you notice in them. not one of those people looking at a cell phone. they don't have sell phones, if they do, they don't have cell phone coverage. guess what may york case grand plan to solve problem. you go online, make a

application online, up load the photograph. how does that work if nobody has cell phone or wi-fi coverage? they're not trying to solve this. they are pretending it doesn't exist as a problem. the cartels control the u.s. border and democrats and biden administration says no problem. we have the media will back us up every step of the way. so no, they're not trying to fix it. yes, it will get a lot worse before it gets better. ashley: huge security concern as well. i want to move on to this issue, kt. i want to talk about the war in ukraine. it grinds on. u.s. and european officials say ukraine's spring offensive, could, i could say pave the way for peace talks by the end of the year. they also say that china could help bring russia to the table. what are your thoughts on that? >> you know, china has maneuvered itself into brilliant position. number one, if the war continues it's war of attrition.

if the war continues, china does just fine because it sells russia weapons and it buys russian oil and natural gas at a greatly discounted price because of sanctions against russia and rest of europe. number two, the longer the war goes on china does just fine t focuses american attention on russia, ukraine, away from asia, away from china and it degrades the american military because we can't keep up. we're supplying, the biden administration says we'll give ukraine everything it needs to roll back russian aggression. we don't have everything it needs. we're not increasing the defense budget to compensate for it. finally if russia is pushed to the negotiating table by china, china cuts a deal in a unique position to pressure russia, potentially pressure ukraine as well, all of sudden china becomes the sole, indispensable world superpower. the country that could broker

the peace between all the other superpowers, between russia, u.s., europe. china figured this out just fine. they win no matter what happens. ashley: that's very true. i have to leave it there, but thank you, kt. wonderful stuff as wells. appreciate your time. the top democrat by the way on the house intel committee is warning about russia's growing relationship with china. come back in here, lauren. what exactly is he saying? lauren: he is saying a debt default would be catastrophic and would be exploited by our enemies. >> of course the russians and chinese would seek to exploit. the united states has never really come close to defaulting on our debt before. it is hard to imagine what that might look like. it would be catastrophic. the full, faith, credit of the united states is the bedrock on the global financial system is built f that comes into question all kinds of things could happen. lauren: a debt default erode the u.s. dollar as a global

currency. it would encourage countries to invest in other countries and send interest rates higher for all sorts of loans. we hope we don't teeter in 2011 and 2019. the stair-off if you will continues again this year. ashley: it does indeed. also by the way, lauren, what is warren buffett saying about the american's relationship with china? lauren: be careful, be very careful about the inflammatory rhetoric being used because, and i quote, both places are going to be competitive and both can prosper. that is the vision that is out there, that china will have a more wonderful country. the u.s. will have a more wonderful country. this is a parallel to the cold war era where we need to understand mutually assured destruction. and not get to the brink where that could happen because tensions are just way too high. you have issues with taiwan and of course russia and ukraine and we're staring each other down right now. he says be careful..

all right, lauren, thank you very much. now this, first it was your gas stove. now your dishwashers. the biden administration coming after the kitchen appliance because it is wasting too much water apparently. we have details coming up. president biden just launched miss re-election campaign but you wouldn't really notice based on lack of appearances. is biden heading to the back to the basement strategy for 2024 going to happen again? joe concha takes that on next. ♪.

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and i'm gonna cashback on a few other things too. starting with the sound system... curry from deep. [autotune] that's caaaaaaaaash. i prefer the old intro! this is much better! i don't think so! steph, one more thing... the team owner gets five minutes a game. cash bros? wooooo, i like it! i'll break it to klay. cashback like a pro with chase freedom unlimited. how do you cashback? chase, make more of what's yours. ♪. ashley: all right. let's take a look at these markets quickly for you. down across the board perhaps a little bit boar. the dow off 100 points. s&p down .2. nasdaq down a third of a percent. come back in here lauren. looking at some other movers this morning. let's begin with imax, which is moving higher up 3%. >> same with disney up 2%.

"guardians of the galaxy" pushed largest opening of the year. 25 million-dollar debut globally. that is good for both stocks. look at peloton. bmo capital says green shoots are up ahead to market perform but kept the price at 9.50. they think shares reflect concerns. catalance losing one quarter of its value. they delayed their earnings report by a week. they expect to significantly reduce the guidance of the year in april. they warned slow production and higher costs at three fa facilities they make drugs. ashley. ashley: lauren, thank you very much. let's look at other numbers, 63% of americans say president biden does not have the mental sharpness it takes to effectively serve as president. this comes as his approval

rating hitting a low of 36%. biden by the way blaming the media for the lower polling numbers. watch this. >> you're talking about real practical solutions when you that you have come up with. why don't you think you don't get more credit for it? why do you think the polling is where it is? >> i don't think people, by the way every major one who won re-election were down. >> polling is sentiment in the country despite all the wins. is not good president all they heard everything is negative news for three years. i'm not critical of the press. only time you get a hit if something negative. ashley: something negative, like high crime. ashley: international turmoil, rampant illegal immigration, financial calamity, withdrawal from afghanistan. that is not made up that happened. joe concha joins me now. good "morning joe, who is to blame for mr. biden's poor

numbers? >> it is mr. biden. ironic he claims about bad press on msnbc who couldn't be anymore positive to the administration if it tried. wages not keeping up with inflation, everybody feels at home. how should a gdp number of 1.1% growth last quarter, how should that be covered at this point? how should administration added five trillion to the national debt in a little over two years be commended? how should the crime crisis in major cities explained away through the press? how should a.c.t. test costs not talked about enough, being 30-year low, how should that be covered? how should the open border where the u.s. is absorbing population of entire countries, how should that be covered? the president should stop blaming the messenger. the numbers are the numbers. joe biden is not the victim. the american people are. that is reflected in the latest pole numb poll numbers which are

the lowest of any president since jimmy carter. ashley: yeah. you have a flue op-ed out titled where in the world is joe biden? the president has been quiet last week. guess what his schedule this week is mostly empty. is heading back to the basement strategy? >> i don't know if he ever left, quite frankly, ashley. i look at the president's schedule every day. it is completely laughable if it wasn't so pathetic. the president has one public event today where he makes short remarks protecting consumers where there are flight delays or cancellations unquote. in related story, flight delays, cancellations skyrocketed under this administration. complaints to the u.s. department of transportation quadrupled over last four years. he will talk about that and has another event to host a movie screening. last five days, ashley, had exactly two public events on his schedule. one was to host a college football team at the

white house. another meeting with one of his cabinets. that is it. the white house press secretary, president is in meetings, calls, these days, provides no evidence or details to back that up. looks explains that "washington post/abc news poll" he just talked about, majority of voters, 2/3 doesn't think he has the necessary mental or physical fitness for the job. that is just remarkable. only 36% of democrats, ashley, want him to be the party nominee, 36? they see he is not working hard for the american people, whatever solutions don't seem to be working. you wonder if there is a party intervention coming at this point. ashley: yeah, so what does he do? does he go to rallies ones the campaign kicks into high gear or keep his appearances to a minimum because we know he really struggles in that setting? >> we got a preview, ashley. announcing for re-election, does he do so at a press conference?

no. does he do so at campaign rally? no, slickly produced highly edited video goes out on social media, makes joe biden invigorated, kamala harris is happy, everybody smiling in the video. the videos are edited and they figure it worked in 2020. they show donald trump is up 7 points if the election were held now. ron desantis is similar. i don't think they can get away because there is no covid to hide anymore. ashley: that is very true. joe, thank you very much. >> thank you, ashley. ashley: thank you. president biden is defending vice president kamala harris's job performance. come on in here, lauren. what is he saying? lauren: he has to defend her. he says she needs more credit. president biden: look i think vice president harris has not gotten the credit she deserves.

she was attorney general of state of california. she has been a united states senator. she is really very, very good. with everything going on she hasn't gotten the attention she deserves? >> critics would say you're elevating her because they think you wouldn't serve a full term? president biden: [laughter] >> laughed that off. the "abc/washington post" poll shows more than 2/3 think he is too old to serve a second term. as stephanie rule said in the interview, no fortune 500 company is hiring a 80-year-old ceo. defending kamala for everything she did before she was vice president. what has she done successful hi as vice president? that is the issue. the border comes to mind. ashley: that is the issue. he may laugh but it is frightening the prospect. lauren, thank you very much. now this, it could cost you a whole lot more to drive into new york city. the administration just green lit a congestion pricing plan to

reduce traffic and improve the air quality. it didn't work in london. we have the details. the department of transportation wants airlines to pay you if your flight is canceled or delayed. it would force you to compensate travelers for all travel expenses and that story is next. ♪. ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf

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♪. ashley: all right. now this president biden set to announce new rules for the transportation department. come in here, lauren. what are these rules actually do? lauren: compensate passengers. i'm assuming that means cash, for delays and cancellations if the airlines, not the weather, is responsible. the department of transportation will write regulations requiring that the airlines cover meals

and hotels, ground transportation to and from the hotel and timely customer service. how annoying is it when you can't get somebody on the phone, lines are too long, you have can't get rebooked somewhere else. this would be the first time they will require, to offer compensation beyond just refunding the ticket. so that would be a big deal, yet the airline stocks are up today, ashley. ashley: interesting. just talking about it makes my blood pressure go up so i will move on. buying a new car, once the american dream but new data shows is it is out of reach many days for many people, is that right? lauren: feels like it is for the rich. so expensive. the average price for a new car is up $48,000, up 30%, 30% in three years. so you can't afford that. you finance it, you lease it. the average monthly payment in one year's time went from $656

to $730 a month, increase of 74 bucks. that's why we're seeing default rates rise. honestly, ashley, it is really annoying, people with good jobs are going into the dealership, saying i can't afford this. it is just a car. i'm not looking at a hucks suri one. ashley: crazy. right. unless you stretch the payments out for 10 years or whatever it is, it is ridiculous. lauren: yeah. ashley: next one for you though, let's move on to this, the administration cleared the way for new york's congestion pricing plan to move forward, oh, boy. lauren, what happens now. lauren: more people work from home full time and forever, in my opinion. ashley: yeah. lauren: this is what's going doesn't. the mta has a plan, they want to charge passenger cars as much as $23, trucks as much as $82 to come into midtown manhattan where offices are, where people work and this plan just got the green light from the white house. the biden team has to sign off on it because it requires tolls

on federally funded roads, okay? the details have not been worked out. the plan is to take effect one year from today, second quarter of 2024. it would raise a billion dollars, quoting my governor, phil murphy, putting unjustified financial burden on the back of hard-working commuters who are already paying taxes. you can take the trains. they're not convenient. or you can, you know, find another way to come in, but the city is unsafe. so a lot of people feel comfortable driving themselves, paying an arm and a leg for parking garage. i don't know how many people will spend $23. ashley: london has this, 15-pound as today 7:00 a.m. to 6:00 p.m. even noon, $20 to go into central area. has it reduced congestion in no. haas it imposed air quality?

no. lauren: is that on top of bridge tolls, tunnel tolls? ashley: absolutely of of course. lauren: they think we will pay it. ashley: seven dollars a gallon gas. take the bus i guess. lauren, thank you very much. lawmakers in new jersey calling for 60 day halt of construction of offshore wind farms after 34 whales have died on the east coast since december first alone. molly line in cape cod, massachusetts. this morning. molly, what would the halt actually do? >> reporter: well, in theory it would mean a halt for 30 to 60 days while an assessment is underway. as you mentioned there are dozens, dozens of dead whales washed up along the shores from massachusetts down to florida since early december, since december 1st. meanwhile a multitude of offshore wind farms have been approved. some are under cross-examination. noaa, the national owe think an

ached moss fear rick administration, said that is their count 364 dead whales along the east coast. brings us to new jersey where republican lawmakers are calling for a temporary halt to the offshore wind projects, while further research is conducted to see if there is any correlation. >> we have only one chance to get this right or get this catastrophically wrong so where is the harm if we pause for either 30 days or 60 days in this project to see if we are going to see continuation of unprecedented number of whale deaths? >> reporter: state democratic lawmakers including governor phil murphy's pushing back, that any notion his administration has not adequately investigated the whale deaths a statement reading in part, there is no evidence of specific lengths between recent whale mortalities and ongoing surveys for offshore wind development. in the absence of such evidence

the murphy administration will continue to pursue the offshore wind development goals amid the urgent climate crisis. various groups presented a variety of other theories, impact of climate change, warming waters, shifting food sources to shifts in shipping activity. ashley? >> hope they get to the bottom of it. molly, thank you very much, appreciate it. now this black residents of california could soon cash million dollar checks after a reparations panel recommends those payments but for some it is not enough. watch. >> the unequivocal number from 1860s, for 40-acres today is $200 million, for each and every african-american. number is two. ashley: 200 million, kelly o'grady will have that full

report next. ♪.

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♪. ashley: now this, california is one step closer to handing out reparations to black residents. a task force just approved a plan that could cost the state more than $800 billion. kelly o'grady joins me this morning. kelly, that amount, by the way, almost three times the state's total budget so the question is, who is going to pay for this? >> reporter: ashley, that's the thing, no one knows. governor newsom's special task force was charged with determining the price tag for reparations but the no the plan for funding. for context who would get the money is still in flux. eligible folks 71 and above would receive $1.2 million. less of those a younger age. the task force calculated different amounts for overpolicing, housing discrimination and what they're caughting health injustice this calling it a down payment, warning more reparations could

be added in the future. many economists and yourself how would the state afford this already facing a 22 billion-dollar budget deficit? >> there is no way the state can afford something on the order of 2 1/2 times its annual budget for this, because californian is already a net deficit state in terms of its debt. we owe close to two trillion dollars in unfunded pension liabilities for our government workers portion, for health care benefits for public workers. we're upside down. >> reporter: that final proposal is due july 1st. these are just recommendations for now. the legislature well have to vote on it, ashley, but billions of dollars in reparations would unlikely help with inflation. ashley: wow. what a story. kelly, thank you very much. now this, an anti-woke activist sounding off on an article in the "new england journal of medicine" suggesting that students should be segregated by race for their medical education, what?

bill jacobsen, cornell university law professor joins me now. professor, how would you react to that? that sounds like a really bad idea to me, what say you? >> unfortunately it is reflective what is happening in the medical schools around the country. they have racialized everything. they have gotten to the point they're suggesting separate affinity groups meet in medical schools based on race. they're suggesting in a very patronizing, frankly demeaning way that black medical students are incapable of surviving and incapable of working through what they call a white medical education system. i think there is a lot of black doctors who would vehemently disagree with that the whole attitude everything is about race. it actually insults and demeans non-white medical students. but you know, if you speak up, professor you're labeled racist but this has to be wrong on every level. to your point surely you know

black medical students, this is the last thing they want? >> that's right. this is essentially saying not essentially saying, i read that article in the new "new england journal of medicine," almost a parody of wokeness. it is almost a parody of progressive ideology treating black medical students almost as infants who are incapable, have no agency of their own, no ability to act on their own. it is very demeaning, very insulting that is the whole problem with this woke and progressive ideology, particularly in medical schools. ashley: professor, we're going to have to leave it there. sorry so short. i think we got the point across. thank you very much for joining us this morning. still ahead, steve forbes, rob o'neill, michio kaku, steve moore will all be here. the 11:00 a.m. hour of "varney & company" is next.

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i can't, you know, thank my parents enough for making sure that this connection is here. one of the things that my mother told me when she was in the hospital, she didn't tell me, actually, she couldn't speak at the time, but she wrote it down... "go see alicia." oh, my goodness. you know, and there was never a time that you were too busy. there was never a time you said i'll call you back, you know. i needed to be there to carry you through, just like, you know, some of my friends carried me through. >> not just about the banks. i mean, companies got lazy with risk management. a lot of companies got greedy and got rewarded for being