tv Varney Company FOX Business May 9, 2023 11:00am-12:00pm EDT
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>> there is one plan to raise the debt ceiling, and and that is speaker kevin mccarthy's plan. joe biden will not cut one nickel from spending. the budget gap for fy-23 is now looking like it's going to come in at $2 trillion. hold, wait for it, hang on a second -- [laughter] $2 trillion. >> i don't think you get motivation from democrats coming to the table to fix this thing unless there's market movement on the lack of ability of both parties to cut a keel. >> there isn't a lot of good news out there. i mean, the basement biden strategy probably would have to be the only strategy. >> i'm looking specifically at month over month core. it could get very, very you cannily if it comes -- ugly if it comes in really hot. if it comes in cool, you could probably see a nice little rally
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tomorrow. ♪ you can jump right in. ♪ let the music pull you in ♪ stuart: what's this song? i know it, jump right in, zac brown band. yeah, i know that. it's 11:00 on the east coast. it is tuesday, may the 9th. nice day. check those markets, please, it's not that bad. dow industrials are down just 124 points -- 24 point, the nasdaq's down 50. big tech, a mixed bag there. right at the top we have alphabet and amazon, they are up. meta, microsoft, apple slightly lower. want to show you the yield on the 10-year treasury, it's sill around 3.5%, 3.51 to be precise. the 3-month still yelling more than 5%. yielding more than 5%. now this. president biden has lost control of the the border. he's losing control of the whole country. if you've been watching fox, you
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mow story. title 42 ends thursday and here comes another huge wave of migrantings. at one crossing point there's already a line that stretches as far as the eye can see. border patrol says 700,000 the are waiting in shelters in mexico. they're coming. when they get here, they'll be processed and sent on their way to says and towns across the country. -- to cities and towns across the country. are the population of central america to north america and do it exhibiterly. that's -- efficiently, that's exactly what's happening. chaos has already arrived, and in chaotic situations, you don't have control. local authorities are already saying no to relocated migrants. orange and rock counties outside new york city have is declared a state of emergency so they can turn migrants away. at least they'll try to. who's pay oring if all of this? if -- paying for all of this? the taxpayers, of course. new york city is spending $8 million a day to put them in hotels. what biden and mayorkas call
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border control is simply a processing operation. i don't know what they'll call the dumping of hundreds of thousands of people throughout country, but it is not control, it is chaos. and it's coming to every state mt. nation. in the nation. third hour of "varney" starts now. ♪ ♪ stuart: thank goodness jimmy failla's here. >> sure is. stuart: he'll make us feel better. >> yes. stuart has biden lost control of the countriesome. >> yeah, in a nutshell. i don't know that he ever had it to begin with. the i think the way he's governing, pretty soon people are going to be running into mexico, so we don't have to worry about it. i can't do this anymore, let me in, okay? to oversimply simplify this on the most basic level, the border is the front door to your house, okay? you lock the front door not because you're racist or discriminatory in any way, but
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that's i how the border became a political issue after both political parties supported border fencing under bush and obama, trump won on build the wall, and they were like, how dare you. we should be building bridges. we can't build bridges at this point, but stick with me, stu. there's a basic dereliction of duty to protect the american people right now. you can talk about overwhelming resources which is obviously going to be the big issue when title 42 the lapses, okay? but in the meantime, when you talk about fentanyl that's the number one cause of adult death many this country,st only here because the cartels are exploiting the border. we turned america into a college bar that doesn't check id. when you were growing up if you heard there was a bar that would let anyone in, everyone came. and that's what's going on. stuart: do they know what they're doing? i don't think they do. we're about to have arrive in this country all of a sudden upwards of a million people in the next 4, 5, 6 weeks. they'll come right across this
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border, they'll be all over the country. there will be chaos. that's a total lack are of control. >> oh, no question. and understand in places like new york where eric adams is, like, this is crazy, we can't take all of these people, they signed up to be sanctuary cities when it was an act of political posturing. meaning you could call yourself a sanctuary city under trump because you weren't going to the wind up with the influx of migrants in your city. now that that they're being asked to actually be a sanctuary city, you realize this was all a halloween costume. now they've got a mess. stuart: a million a day. >> all of that is biden's fault. we had policies in place that worked. stuart: i'm going to talk to you about bud light. >> oh, come on. stuart: really change the subject. the founder of outkick, clay travis, he conducted an experiment over weekend. he gave out free beer in nashville. little clip, watch this. >> experiment here. there appear to be three different types of beer in this cooler. 6:45, i'm not going to do
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anything, i'm going to come back and record this at 9:45 and show you what's heft. left. i'm not a marketing expert, but the only beer left, bud light. not ideal. stuart: wow. that's pretty dramatic. >> it is. but i want to jump in because i've spent a lot of time in nashville. by 6:45, most of them have been drinking for 8 hours, so they might have just ran out of steam. but clearly, it's beyond that. bud light alienated their customer base. this is, for every corporation watching, okay, words to live by: if it ain't woke, don't fix it. okay? nobody asked for this. a beer consumer did not ask for woke identity politics on the side of the can. they just wanted beer, okay? beer is what you do to get away from all of this garbage. bud light got what they deserved, it was the not what the customer asked for. stuart: you know, jimmy, you cheered me up. we're surrounded by this bad
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news -- >> i get paid many beer, okay. >> look at me, man, there's no money involved. stuart: would you drink bud light now? >> honestly, i wouldn't. i'm not a big beer -- stuart: would you take a part in this boycott? >> yes. i kind of have because as much as i don't want to penalize the delivery guys and route runners, i feel like we might have made a big enough statement that some corporations are going to back off in terms of the woke activism, and if bud light has to take one for the team, it'll be for the betterment of all teams in the long run. here i am. stuart: i wouldn't want to go to a sports game this weekend and hoist a bud light publicly. [laughter] >> you're going to do it at a sports game, you better bring $28.50. i think that's the bigger problem. stuart: jimmy, you're all right. i think it's time we got to the markets. i see a little bit of red ink left-hand side of the the screen, but that's not catastrophic, is it? mike murphy has arhee greed to be can us -- agreed to be with
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us throughout the entire hour. what a guy. i wan to talk about the cpi report tomorrow morning, 8:30 eastern. let's suppose that we get a 6% inflation rate. i know that's high, but it would be staying high. what does the market do? >> is good news bad news or is bad news good news? which is it? stuart: 6 inflation -- 6% inflation would be bad news. >> would be bad news, and i think the market sells off on that. you want to believe as an investor that all this pain that the fed has inflicted on the market is doing some good, we're getting near an endpoint because if we're not, then is it just the market working itself, you know, correcting itself, or did we need the fed to take these drastic measures? no one will ever know. but we we want to see some sort of sign that what they've been doing is working. stuart: are you buying anything right now? i know you as a company, you've got your own investment program, all the rest of it. step aside for a second and look at the individual investor.
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any recommendations? >> yes. the individual investor should not be scared right now. the individual investor should be allocating money to the market on a regular program. stuart: that's dollar cost averaging. >> it is. the problem is no one in history has ever figured out the right time to get in, the right time to get out, the right time to get back in. so when you look at companies we've talked for years now about big tech, about innovation, about things that are changing. now you see artificial intelligence being the bug tagline, companies like microsoft, apple, google to an extent, like amazon that are putting up sound growth numbers. they're continuing in the face of everything that's out there, inflation, rising interest rates, they continue to put up bigger bottom lines, they continue to talk about progress in the future. that's where you want to bal allocating your money -- to be allocating your money. stuart: i'm doing quite well with microsoft, also 3 and 6-month t-bills, 5%. >> you have it on both ends.
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you don't want to be sitting on money waiting for someone to tap you on the shoulder saying now is the time, stuart, all clear, go into the market now. at that point it would be too late. stuart: it takes nerve to say i don't care what's going on care the right tomorrow, next week or next month, i'm looking back over the last 150 years, and i've been rewarded every single time i've done it -- stuart: i hope i've got another five years. >> you've got a lot more than that. stuart: i knew i liked you. lauren's looking at the big mover of the morning, one of them, palantir. lauren: it really is. they expect to be profitable every quarter for this entire year, and a.i. is boosting demand for big data. the ceo of palantir says demand is about precedent for anti, and it's happening in the commercial sector, in the government sector. think about it, do you want a.i. to be used in the military? not completely. i still want a human there,
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right? stuart: so long as we're running a.i -- lauren: true. stuart: -- in the military, our guys are the best. that's fine with me. lauren: i just wonder if there's overexcitement particularly in certain industries. stuart: it'll cool down at some point, for sure. >> if you think about a.i., think about cutting edge technology, leading technology that's going to help these companies do what they were wanting to do from the get go better. so rather than putting the a.i. tagline on it, it's coming, it's here, it's going to continue -- lauren: use it. >> yes. lauren: number one on the s&p, up 15%, they overlooked -- raised their outlook, things are getting better. stuart: the number one meat producer in america is tyson foods. lauren: correct. stuart: whey are they down? lauren: 20% in two days. the selloff yesterday was on earnings. they reported their first quarterly loss since 2009. meat prices coming down because demand for meat is down, and
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their costs are up. not good. stuart: all right. thank you, lauren. next case, nearly half of baby boomers have no retirement savings. the numbers are even worse for the younger generation. we'll tell you all about it. only 32 of voters think -- 32 of voters think president biden has the mental sharpness to be president. all that doubt putting a spotlight on vice president harris. will she be an asset or a liability in 2024 the? and steve cortez a spokesman for donald trump in to 2016 and 2020. will he be -- well, will he be back with trump in to 2024? well, steve's got a big announcement, and he's going to make that announcement right here, right after this break. ♪ r-o-c-k in the usa ♪
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♪ stuart: president biden will be 82 years old at the end of his first term, and a new poll shows only 32% believe he has the mental sharpness to be the president. mark meredith at the white house. doesn't this put a spotlight on kamala harris in 2024? >> reporter: stu, good morning. the vice president is expected to the play a larger role heading into 2024, but this week it's the president who's on the road heading up to new york. not a battleground state, but a great place to raise some money, and some of the recent polling shows why he could use all the help he can get. abc/washington post asked people how they feel, only 36% approve of his job performance. the numbers quite startling when you ask democratic-leaning adults, 58% of people
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saying they'd like to see someone other than president biden capture the nomination. this is whether or not he should be the nominee going into 2024. the president recently told msnbc he remains confident in his re-election chances and he believes voters are to going to favor his experience by the time next november rolls around. >> because i've a acquired a hell of a lot of wisdom. i know more than the vast majority of people, i'm more experienced than anybody who's run for the office, and i think i've proven myself to be honorable as well as effective. >> reporter: but political pundits say now's the time for the president to prove he can handle another campaign. "the washington post" editorial board had a blistering statement today saying it is widely known that mr. biden is gaffe-prone and that news conferences are not his forte. but as he runs for a second term, he should be eager to show he can handle all aspects of the job. the presidential race is still 500-plus days away, the biden campaign
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has time to change its strategy, but the white house has defended itself over pulse billion questions and criticism -- multiple questions and criticism over whether reporters get to the president. one event today, i would be with shocked if he took questions with congressional leaders in the room but, of course, things can change day by day. stu? [laughter] stuart: don't hold your breath. thank you, mark. look who's here now. put him on the camera, there he is. [laughter] former trump campaign advise or steve cortez. now, you worked with trump in 2016, you worked with him in 2020, and now you've got an announcement. were or -- who are you backing? >> i'm backing governor ron desantis for and just joined his pac, never back down. look, i was honored to work for president trump, and i think he was exactly the disrupter9 that the country needed back in 2016. but when i look at the situation now and going forward, i believe the best option to both win the general election and
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to govern effectively, to implement a conservative agenda in office, i believe the best option is ron desantis. and let me tell you one other important reason i'm backing ron desantis, is that the idea of a rematch, a rematch of biden versus trump, is something this country overwhelmingly does not want, is a movie that we have already seen. nobody likeed it, can and we know the ending. nbc news polling shows 70% of americans do not want biden to run again. the exact same number, 70%, don't want trump to run again. how do we avoid a rematch that nobody seems to wantsome a rising star, young governor who is the most successful governor in all america who has shown us the model on how to win elections and how to govern effectively. stuart: why is his poll numbers slipping? because they are. why is that? >> there's a few things. first, it's very early in the process and he
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has not entered, but i will be the first to commit that donald trump has dominated republican politics by the time we get to 2024 for almost a decade. so it is a battle to overtake him -- stuart: trump put out some ads attacking desantis the head on. are those ads successful? >> no. listen -- stuart: no? >> it is early in the process. desantis has not yet announced, and remember this, stuart, i think this is key, it is a state-by-state race, and the state polling right now is much tighter than the national polling shows. again, too, don't get too, i think, complacent about polling right now. tell you a quick story. i was in this building new hampshire primary night of 2020. if you remember, joe biden had lost iowa and new hampshire, he was declared dead. i was on a panel, everyone said he's over. i said, i'm not so sure. he ended up winning the nomination, he ended up, unfortunately, becoming president, and he's been an absolutely miserable president for the country. so a lot can change. financial markets and politics are two of the most volatile industries
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in america -- stuart stuart and you're in both of them. >> i've cone both. a lot can change between now and election day. desantis has the most compelling story to tell of anyone in politics. stuart: i've got a former clinton pollster sounding the alarm bells on biden's falling poll numbers. watch this real fast. roll it. >> well, web he drops here from -- when he drops from 42 to 36 approval in this poll, that's all democrats who are jumping ship and saying i don't approve of the presidency. most chem the democrats didn't want him to run, but this poll has to send shock waves. he just announced for presidency. you're supposed to go up when you announce, not down. everybody's got to support him now, and with numbers like this they're looking at a potential titanic at this point. stuart: so has biden got to abandon the basement strategy? >> biden clearly is in trouble, thank good, right, because of the created crises, plural, that he has inflicted on
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the american people, marley the open border and the extremely poor economy. my point too here, again, is don't be complacent. let's remember i think we in the conservative movement need to be very honest in assessing what we've e done well and what we haven't. we lost 2018, we lost 2020 the, we lost 2022, at least relative to expectations. who was the outlier and the lone, big winner in 2032 the? -- 2022 -- stuart: desantis. >> it was ron desantis who took what was a swing state, and he turned into it a plus-20-point state. miami-dade county, he ron -- won it by 10%. he appeals to swing voters, suburban voters, that is the case for. stuart: i'm trying dog get in here, you prefer politics to wall street, i know you do. steve cortes, thanks for being here. >> stuart, thank you.
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stuart: jim harbaugh was asked what skilled trade he would have undertaken if he'd not gone to michigan. ash ally, what did he say? ashley: he said he'd be someone who looks after lawns. harbaugh says mowing the lawn is one of the great feelings he has in life. in a recent interview with "sports illustrated," the 59-year-old coach says, you know what? mowing the lawn gives him a psychological edge when it comes to football. it clears his mind and it helps him think of new plays. he also says he feels good about what he accomplishes. but he says too many people and especially kids are missing out, and he says that's sad. harbaugh says people now as he drive dos around his neighborhood hire someone to cut the lawn. he says when he was a kid, he was out mowing lawns earning money, but now he says it's a truck is and a crew at every house, and i think he's right. stuart: this is a remarkable program. we can go from one minute talking about biden and troubles in the election to jim harbaugh mowing lawns.
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i mean, that's just extraordinary stuff. ashley: yeah. stuart: thank you, ash, good stuff. i've got mike murphy with me. if you were not in wall street and investing, what job would you be doing? >> that's pretty easy, i'd be following jim harbaugh's footsteps, i would be a coach or a teacher trying to help kids in some way. stuart: really? you can teach? >> i can communicate with kids i think a lot better sometimes than with adults. stuart: you've got a lot of kids. >> i do. stuart: murphy, you're all right. new york city hosting nearly 38,000 migrants costing the city $8 million a day. we'll break down numbers for you. ing congressman jim comber urging the justice department to hold off on charging hunter biden for one more day. roll tape. >> tomorrow's going to to be a bad day for the white house, and it's going to be the interesting to see what joe biden has to say. these are some very serious charges. stuart: told fox they're going to reveal damning evidence against the bidens tomorrow. judicial watch president tom fitton on that after
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stuart: the markets show a little bit of red but not much. susan's with us watching the movers including google. what's the story? susan: google was actually up about 1.5. it's adding to its 20% plus gains so far this year. some interesting partnerships, wendy's, new york times, but we are heading into the developers' conference tomorrow in silicon valley, and i think that's helping lift the stock because they are set to unveil some new a.i. software developments. so you can expect some new features from google's bard and search, also a new general a.i. program to be introduced that'll be called palm 2, and that'll help in the future with creative writing and analysis. google cloud will also help power wendy's drive-through window, that new chat bot, so that includes a new a.i. program that stu could just say jbc to order your junior bacon cheeseburger in the future. also
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that $100 million new york times 3-year deal is going to help train bard and some of those google a.i. programs in the future, so think of it as a licensing fee, but they will use ny times' content across the platform. stuart: i would expect to hear a series of announcements almost on a daily basis of what a.i. can do for me in the immediate future. susan: well, actually, you know, it's generally accepted in silicon valley that google has long been the leader in a.i., but they held back to make sure it was safe. but then openai flung open the door, so now they feel they need to walk through it as well. stuart: tell me about boeing. susan: the irish discount carrier -- ordering many more aircraft. that's a great april, not bad. they delivered 26 boeing aircraft, and they had total orders of 34. stuart: that's pretty good. susan: yeah. cybersecurity -- stuart: it's still big? >> yes.
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z scaler and palo alto, two of the best nasdaq performers, z scaler is up 25% in two days and three more analyst price target hikes this morning on the cloud security company after hay pre-announced because they had such strong earnings, they wanted to get it out early, then they raised guidance early. stuart: how many times on this program has dan ivy -- dan ivess, how can times -- dan ives, how many times has he pounded the table on cybersecurity? he's been absolutely right. susan, thanks. see you later. more than 40% of baby boomers have no retirement savings. it's worse for younger generations. 43 percent of gen-xer's, 50 percent of millennials. what do you think of that, murph? >> i think it's scary, and i think it's sad, and ill love to have some sort of -- i would love to have some sort of program in this country to help people, to educate people about
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money, about how to keep their money, about how to live longer, more prosperous lives. not everybody is going to be or needs to be a millionaire, but it's people understanding how to work with what they have to live within their means. to grow and shoot for whatever they want to, but to have enough there when they're no longer working. stuart: i have a suggestion. when somebody fronts up and gets a new job, they should be automatically inare rolled in that company's 401(k) -- enrolled. they shouldn't have to just volunteer to be in it, they should be in it automatically. that way so many more people would have a 401(k) to look back on. >> problem with that is that a lot of people are living paycheck to paycheck, so they don't want a portion taken out to invest later for retirement the, and a lot of times then they get used to living on that paycheck k and they have nothing to set aside. the education part, i think, is the big piece. stuart: consumption, live on your income. >> yes. stuart: good advice. thank, mike. house oversight chair james comer said big revelations are
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coming tomorrow on the hunter biden information. watch this. -- investigation. watch this. >> one thing we learned when we had access to the treasury's suspicious activity reports is that the binds had -- bidens had created many llcs in many different bank accounts, and there were many biden family that were in on influence-peddling scheme. so we're going to the present bank records. tomorrow's going to be judgment day, and it'll be very interesting to see what jean-pierre and the little ian sands has to say when they're presenting with evidence. stuart: okay. judicial watch president tom fitton is with us this morning. tom, do you know anything more of what these big revelations are that are supposed to be coming out tomorrow? >> yeah. i mean, reading between the lines, it looks like burisma -- which was the board that hunter joined -- that was the legitimate part of their business enterprises. what we're seeing here is just naked money laundering, and it's backed up, evidently, by banking
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records the committee was able to get. these aren't just treasury reports. i think they have more restrictions on in terms of the details they can offer. but these banking records are supposedly astonishing in terms of the scope of what was going on here. the money was being launderedded into accounts, cash was boeing out of the accounts in large -- going out of the accounts in large amounts, and allegedly the accounts were being use to basically pay for the living expenses of the biden family members. this is an extraordinary scandal that goes even beyond president biden, and so when you have biden say, you know, hunter did nothing wrong, you know, he's going to have to answer the question, why was his family getting all this money? what were they doing in return? as i said in burisma, you know what they were paying for with burisma, you know? at least it was a going business concern. they hire connected people like
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hunter biden. you understand exactly what's happening. but here you've just got cash going in, cash going out, no evidence of business other than naked money laundering. and, you know, when you see fox news is reporting today you've got hunter -- joe meeting with hunter's clients in new york as vice president, he didn't have a full-time job as vice president of the united states. he work part time on his family enterprise. stuart: that's very damning, i must say. separate case here, the white house banned "the new york post" from biden's only public event yesterday. the reporter who was kept out kept asking questions about hunter. that's why he was kept out. the what do you make of that move by the white house? they can't cover up forever, can hay? they can't stay in the basement strategy forever either. >> well, when you only have one or who two media outlets that are reporting fully on these issues, you can cover it up. you don't have the big media, the legacy media.
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many of your competitors talking about these issues in an aggressive way. so by freezing out new york post like hay did -- they did, as you recall, just before the 2020 election with the censorship operation, this is kind of an echo of that. and in my view, it's election interference. suppressing information about a candidate is one way to to help rig an election, that's for sure. stuart: we'll see what these the revelations are tomorrow, and hen we'll see if voters really -- then we'll see if voters really care about it. tom fitton the, thanks for taking time out to be with us today. >> you're welcome, thank you. stuart: a state of emergency declared in rockland county, that's just north of new york city. they're pushing back against plans to bus in hundreds of migrants and house them in hotels. police are on standby to stop the migrants. madisonal worth has our report next -- madison alworth has our report next.
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♪ stuart: here's one of several musk headlines of the day. he's sounding the alarm on the border crisis. here's the tweet: i don't think the american public understands that people are from all countries are crossing the southern border with ass it is so easy to do so. and that was in response to the massive lines of migrants already at the border as title 42 is set to the expire if thursday. we have new york city spending massive amounts of money to house migrants in this city. a couple of weeks ago it was $5 million a day. that's what we were spending. ashley, come on in and tell me how much is it now per day? ashley: it's going up. the city's spending
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about $8 million a day to house 37,500 asylum seekers that are currently in shelters. it's about $256 a caper my grant. -- a day per migrant. overwhelming city agencies and now mayor eric adams planning to bus several hundred adult male migrants to the hotels in upstate rockland county where they've declared an emergency, hay don't like it. the mayor of new york city is becoming increasingly upset with the white house for a lack of help. the city applied to the fema for $350 million in aid, but they've just found out they're going to to get less than 10% of that amount. and, by the way, the surge of migrants into the city, we know, will likely get a lot worse when title 42 expires just this thursday. stu. stuart: that's right, ash. upstate new yorkers not happy with new york city's mayor, eric adams. he plans to bus migrants their way, and police say they will take
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action to stop the migrants from getting to these counties near new york city. madison alworth with us. what's this about the police turning migrants back? that would be a first, i think, and it would make the police like border patrol agents in new york state. >> reporter: hey, stuart. yeah, that is what we're hearing from rockland county. we're standing at the armani inn, it's been identify as one of the hotels where the migrants will be sent. an emergency order and putting into effect protocol that would enable the police to stop any buses car ilying migrants that are -- cars that are attempting to get into the county. that's one way they're trying to directly stop, a second part being the emergency order. when you look at that emergency order here for rockland county, it comes with a $2,000 fine per migrant, per day. and so what the director is hoping, is that that will be a way to deter bus drivers and hotels
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from even taking in the these migrants. >> the job of law enforcement, essentially, would be to identify a situation and basically, essentially, just let them know -- advise them what's going on so they don't do something that's a violation of law. we're not looking to have a confrontation with anybody, we're looking to avoid a situation with people who coming to the county who, frankly, know nothing about this county, potentially creating issues. >> reporter: but at this point, the plan is still that over 300 migrants will be housed here in rockland and in orange county. that is thousands of miles from the border. if that happens, when it happens, it are more than double rockland's current homeless population. officials are questioning the legality of this on many fronts. in orange county there is a 30-day limit on hotel rentals. this 4-month migrant stay that the city of new york planning, that violates this. but the hay or your's office not backing down. -- mayor's office not backing down.
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despite the emergency orders, his office saying in statement the, quote, we need federal government to to accept the up, but until they do, we need other elected officials around the state and is county to do their part in a humane and compassionate approach. one lawmaker says mayor adams is being hypocritical. >> new york city does not have jurisdiction over rockland county, and rockland county residents are not prepared to assume the responsibility of new york city's disastrous policies like sanctuary cities. >> reporter: so at this point, the migrants could be arriving to this hotel into orange county at really any moment. the mayor's office telling the counties that the arrival of these migrants is imminent but not giving them specific timeline or, and, you know, a candidate when they're expected. and also really important to note what we've heard from rockland and orange counties is that they were not consulted on
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this plan, they were just told simply that it would be happening. stuart? stuart: just imagine what happens if police are on other state borderlines and say, hey, no migrants coming through. if that happened nationwide, you've got a real collapse. madison, thank you very much, indeed. let's show you the state of the market with all 30 of the dow stocks. there's a lot of selling going on as you can tell. 2, 4, 6, 8, 10 are up, 20 are down. prosecutors in georgia, prosecutors, that is, can now be punished or removed if they don't uphold the law. georgia's attorney general lays out a new law in that state. that's next. ♪ ♪ i fought the law and the law won. ♪ i fought the law and the law won ♪
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stuart: on the markets this morning a little bit of red ink but not that much. nasdaq down 72 points. show me amazon, please. they're offering some customers $10 to pick up their own packages instead of having them deliver. apparently, amazon wants to slash its delivery costs. the stock is up a fraction. linked inn cutting 7000
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jobs,st it's a professional networking site, as you know. it's owned by microsoft, and they're the also shutting down their jobs app in china. now this: a new georgia law would remove prosecutors who let law and order slide. i like the sound of that. georgia's attorney general is is chris carr, and he joins me now. sir, you're taking aim at the radical prosecutors who have so damaged our big cities. how does the new law get 'em out? >> well, stuart, thank you for having me. as you've seen around the country, this is the trend, the new trend on the left is to not enforce laws that folks on the left don't like. and we're seeing it with d.a.s, with we've seen it in georgia. and what that does is it simply puts communities at risk and in jeopardy. and so i commend our legislature and our governor worked together with certain prosecutors around the state as well to say, look, this isn't acceptable. so now there is an oversight
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board like we have with judge withs that -- judges that if prosecutors continue to willfully not enforce the law, don't do their duty undermining the rule of law, there's not a board that can look into it and provide relief to the people of our state. stuart: mr. attorney general, who's on that board? >> yeah,st a group of about eight different individuals that are appointed by the governor, the senate and the house members. stuart: so democrats and and republicans? >> it can be. it'll be district attorneys themselves. stuart: and so you think this is a mechanism to get them out if they're not obeying, organizing the law properly, okay. separate subject. democrat state lawmakers in georgia, they want a special session on guns and public safety many if georgia. in georgia. does georgia need any reform of its gun laws as you see it? >> well, stuart, look, i'm a believer in the constitutional rights, the rights of law-abiding citizens to defend
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themselves, their family and their property. what's happened around our nation has been tragic. nobody wants to see children get shot. nobody wants to see anybody get shot. but the big idea from the left always is take away the constitutional rights of law-abiding citizens. that is not a way to start the conversation, and it's certainly not a way to further the conversation. stuart: do you think that this issue, the guns issue, is a weak spot for republicans? >> no, i don't. look, i think, again, as human beings nobody wants to see tragedies like this occur. the question is what do you do. if the conversation is going to also be about mental health, it's going to be about providing school resource officers, it's going to be about improving communication within schools and with parents, then those are the kind of conversations i think people are open to. but we have a constitutional right, a right to defend ourselves. and if you're a law-abiding citizen -- and, again, the first thing somebody says is you're
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going to the take away my gun, that's just going to be a nonstarter. stuart: got it. chris carr, attorney general for the state of georgia, thank you very much for being with us. appreciate it. >> thank you, sir. stuart: here it is, 11:55, the tuesday trivia question. what is the most popular item shoppers buy their mother for mother's day? flowers, greeting cards -- don't do that -- chocolates, jewelry in i don't think so. the answer right after this. ♪ ♪ they're promises. promises of all shapes and sizes. each, with a time and a place they've been promised to be. a promise is everything to old dominion, because it means everything to you. are you a new at&t customer looking to upgrade your phone? you're trapped! locked into your contract for three years... and your phone is locked into their network too. no two-year upgrade for you, jonathan. . . and give you one of the latest
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stuart: we did ask what is the most popular item shoppers by their mother for mother's day. this is the most popular item other people buy. what is the most popular item, ashley? ashley: you know what? i will go for number two, greeting cards. stuart: really. come on. how but, mike. ashley: just to be different. >> not that different. i'm sticking with with ashley, two, greeting cards. stuart: you got to be kidding me. it cannot be greeting cards. you can't give your mom jewelry, surely. has to be flowers. >> see that? stuart: i don't believe it. 75% of mother's days gifts were greeting cards, followed by flowers at 72. >> well-done, ashley. stuart: i'm shocked at america. i blew that one completely. time's up for me. "coast to coast" starts right now. david: ahead o
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