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store and filling up on gas, et cetera. >> trying to balance things out and do well in their announcement giving the targets some sort of semblance of they know what they're doing. >> knot not so worried about powell and he was important when getting $9 trillion and much less important right now. >> that's the play and have her attached to joe bide and gets reelected and serves a month and bring in kamala harris. >> they'll put a price on the suffering that took place underslavery, let alone give the money to people who were never slaves. >> politicians and prosecution don't mix and bragg is just pouring them both together and doesn't seem to care about justice, fairness, or the -- stuart: good morning. it's 11:00 on the east coast and

it is thursday i believe in june. check those markets. you'll like that . dow is up 270, nasdaq still up 51 and had been up about 100 points earlier and a bit coming off that and s&p still up, what is it now, a half a percentage point. some green left hand side of the screen. surprising actually is the day after the fed's meeting where the fed said, look, we may be taking a more aggressive stance on interest rates down the road. check the 10-year treasury yield. it was coming down earlier. it's down some more. 374 is the yield right now. you got to show me big tech, especially microsoft, which is up nearly 2.3%. $7.87. that adds, i think it is 55 points to the do dow industrials and that's a new high for microsoft. how about manchester united, that's a soccer team, folks. shares jumping after the rid of the offensivers report they're in talks with the saudi backed r

for $8 billion. george soros may have turned over control of money to son alex but it'll flow to radical causes and we're talking serious money. $1.5 billion every year. the latest: $200,000 to one man to win the primary for norfolk, virginia,'s primary. that's a radical. that's a lot of money for a local race. $200,000? soros bought him. in virginia, $70,000 for another election for arlington county attorney. $70,000 for fairfax county attorney. all across the contrivement saratoga rows' money is buying elections -- country, soros' money is buying elections so

others can't compete. the results are disastrous and punishing criminals and supporting victims has been turned upside down. soros is pro criminal, anti-victim. now you know why the cities where soros bought the da are in such disarray. new york is going to provide us all with a classic case of politicized race-based so-called justice. it's the case of daniel penny. in the subway, a black man was threatening passengers, acting irrationally. penny, a white former marine, put him in a choke hold. the man died. penny has to defend himself on second degree manslaughter charge. da alvin bragg brought that charge. he is a soros guy. if this goes to trial, it'll be a landmark case and we'll find out just how much power george and alex soros money buys them. they'll be on trial too. it's time we found out what kind of justice is available in this city. third hour of varney rolls on.

stuart: i want to bring in good friend of the show, civil rights attorney leo terrell. good morning to you. are the prosecutors playing the race card in the penny case? >> i'm going to be clear, absolutely. i agree with everything you said in your take. stu, the key is very simple, daniel penny, this marine, is being prosecuted because he's a white male. the democrats go after white men. i don't understand how you can be a democrat because they're targeting him. i'll guarantee you this, this marine was protecting people of all colors. there was other people helping him. people of color. but what does bragg do? this soros-backed da goes after penny because he's white. it sends the wrong message. justice should be color behind.

it's not, they go after him because they want the dynamics of a black victim and a white assailant because the democrats will never give up the race card, stument stuart: at the moment -- whoa. at the moment, new york is a racially divided city. i'll express my opinion again. it's alvin bragg and the soros people in my opinion, they are to blame. along with left wing democrats in this great city. do you see any signs of change? >> no, i want to be very clear. the democrats will never give up the race card. they're looking for cases like this because they want to divide us. stu, in the last two years, all we have heard is identity politics. everything is based on race or gender and what you have here is a criminal justice system is upside down. they do not support the police, they support the criminals, and they're looking, they're looking for this type of scenario. stuart: is that true of the black folks in this city? i mean, ordinary every day black

folks, do they support this kind of radical activity? >> no. no. the average black american in this country, they want law and order. they support the police. n thornhill tore is the democratic -- this is the democratic hierarchy, stu and keep black americans thinking this country is racist. it's not racist and it's not racist at all. i challenge any one of the democrats to find the systemic racists. stu, there's new york, chicago, la. they're run by black people. but black americans want law and order and they're not getting it from the democratic party. if you want law and order, vote republican. stuart: that says it all. good stuff. thanks very much for being with us, leo. tell us how you really feel. come right out with it, don't you? we'll see you again soon. thanks a lot. >> thank you, sir. stuart: amazon accused of locking one man out of his smart home devices for nearly a week. what's this all about, ashley? ashley: remarkable story, stu.

brandon johnson is a microsoft engineer and said he was indeed locked out of smart home devices nearly a week after a delivery driver accused him of uttering a racial slur. jackson said when he contacted amazon's customer her service, he was told the driver that delivered the pack angs received received racial remarks from the ring doorbell. he said the automated bell asked the question, excuse me, can i help you. the driver was walking away wearing head headphones and muse misinterpreted the message. jackson said his account remained locked even after sharing this information. he created a backup system in case something like this happened and he got his account unlocked, but he says that amazon and other companies shouldn't be able to block people from using the products they bought because they expressed the wrong opinions.

fascinating case, but a lit the disturbing too. stu. stuart: pretty much indeed. back to the markets because there's a rally in progress. dow is up, nasdaq is up, s&p is up. left hand side of the screen plenty of green and ray wong is back with us this morning. i've heard a loath about this. we've all heard a lot about ai, including the belief that it could cure our declining productivity. do you believe that? >> stu, it's happening that way. if you put ai in place, what's going on is you're going to get 33% more labor productivity and reduce and actually put more cycles into the work force and 50% on other shifts and save and improve quality by 40% and also be able to do -- take service down from days to minutes. that's what's happening inside companies and everyone is trying to find how to get to operational efficiency and the growth. stuart: you're really sold on this, aren't you? it's that good, is it?

>> it is and a loft organizations see that and automation. going through any drive-thru today, in the future what will happen is not just going over on a mobile app, you'll talk to the drive-thru and not anyone on the other end. it's just going to translate speech to text, send the order out. that means one less fte. you'll see this again in terms of being anyone to run shifts longer and in some organizations, extra third shift as automation kicks in and not going to need as many workers and of course we've been having tough time finding skilled workers, especially given the labor situation going on in the u.s.. >> i'm trying to cover ai by investigating in microsoft and alba bet. that's my ai plays and i've got a headline this morning saying that microsoft is taking the lead in ai. what's your ai play? >> i don't buy that microsoft is in the lead. i believe going 18 in the lead and microsoft is in the lead in

perception and those are two stocks to look at and of course you're seeing things like oracle pop in and c3 and spunk. capturing data in that space and seeing in adobe, in the creative side of the house and organizations taking advantage of ai and accelerating the growth. stuart: what's google doing to put it up front in the ai race? >> well, here's the thing, google has much more modern servers and needed to crunch ai and algorithms and data to work with than microsoft. if you have better data, there's better signals and if you're okay with 80% accuracy versus 90% accuracy, that's the difference. what level of trust do you have with ai and how much human interaction involvement and responsible ai is going to play a big role? google has the lead in that over microsoft. stuart: if you insyms but i'm a microsoft shareholder. don't forget that.

thank you very much, sir. we'll see you soon. >> thanks a lot. stuart: you got it. remember the la mansion tax? it did go into effect april 1 and in that month, there were only five transactions on homes that would qualify to pay that tax. i'll ask tarek el moussa from lgtv's flipping 101 if that's hurting the flipping business and real estate business overall. california lost more than a half million residents between 2020 and 2022 and celebrities are packing up too . they're tired of high crime and high taxes. we have the story. plus, a new bill in the state of california punishing parents that do not affirm their child's gender identity. caitlyn jenner dealing with all of this right after this. ♪

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stuart: we told you about karine jean-pierre shaming a reporter for asking questions about transgender athletes competing in girl's sports. former college swimmer riley gains firing back at these comments. ashley, what is she saying? ashley: well, gains says the white house press secretary simply got it wrong when she was asked this question by a reporter. listen to it and see what gain says. >> what would the president say toparents out there who have daughters say from high school, for example, who are worried that their daughter may have to compete against a male -- a

person born male and could be directly and physical athletic competition and worry about their daughter's safety. >> what you're eluding to is saying that transgender kids are dangerous. that is a danielous thing to say that essentially transgender kids, we're talking about, are dangerous. ashley: so riley gains heard that and tweeted this, "when they say inclues, just know they really mean exclusion. the message this sends to all women is that our safety doesn't matter, nor does our privacy, our fairness, equal opportunities or dignity. the misst mis-sole judgeny is cg us across the face. stuart: lawmakers in ohio want to ban minors from getting sexual reassignment procedures

and ban transgender girls from competing in women's sports all together and k-12 schools designated separate teams based on gender. in california, they're push ago bill to punish parents that refuse to confirm their child's gender identity. caitlyn jenner with me this morning. caitlyn, where do you stand on separate teams, let's deal with that first. >> stuart, always good to see you and so much to talk about. separate teams, to be honest with you, stuart, there's not enough trans people out there to even make one team let alone have separate teams. so that is really not the answer, but what i did see in alaska, they were dealing with this. they were going to ban transgender girls from sports. what they tried to do is they tried to make a separate league, an all gender league meaning it

doesn't matter if you're trans or straight or boy or girl or whatever that may b they were trying to see if they could put this together in the state of alaska and build a league in each league and play an all gender basketball team. anybody could play. in that case, i think that's probably pretty fair and maybe a good way to do this. because to be honest with you, there's not enough trans people out there to make one team. see if that works out. stuart: call that the alaskaen compromise and say that if you'd like. >> yes, it would be, yes. stuart: where do you stand on prohibiting transgender procedures for youngsters? >> what i don't like, and this is bottom line, i don't like government involved in any of these issues. i know in today's society, i mean, you're crazy if you think government's not going to be

involved. i think when government gets involved, it makes it so much more complicated and we've had trans issues in the world, you know, gender dysphoria has been around forever and now all the sudden over the last 5, 10 years and government has come in and trying to control everything. i think young children should be very cautious and parents should be very cautious when it comes to a transition and making changes that's going to last the rest of their life, but that is a decision, not for the government. not for some guy in the legislature who doesn't even know a trans person. that is a decision between the parents, the child, and their doctor. bottom line. those are the ones that should make the decision. not government. that's kind of where i stand there. that may be unrealistic thinking in today's society, but i would like to see government out of this issue. stuart: you said at the beginning of this interview you had a lot to talk about and get there. i'm going to change the subject to this. california's lost a half million

people just between 2020 and 2022. that's enormous number of people. dozens of celebrities are leaving. dean cain, mark wahlberg, ozzy ozbourn, rod stewart due to taxes and crime. would you ever consider leaving california? >> dean cain afters very good friend and lived down the street and all of a sudden he was gone. i can't blame anybody for leaving california. i haven't done it yet. have i thought about it? absolutely. actually, it would be kind of cool if i could convince my whole family -- stuart: where would you go? >> if i could convince my whole family to leave. the gdp of the state would just plummet. yeah, that's a lot there. where would i go? i have no idea. i was looking at property up in wyoming because my sister has a place up there. i don't know where i would

weekend up going. for right now, i have my little house up on top of a hill, no neighbors, i've got, you know, it's a nice situation and fortunately all my grand kids, i have a lot of kids, lot of grandchildren, and they all live within a half hour of each other so that's kind of hard to leave. stuart: i have 11 grandchildren. how many do you have? >> actually i'm going to a baby shower on saturday, and that will be for my 22nd grandchild. stuart: okay, no contest. you win. you win. hands down. i've got 30 seconds. >> let me tell you, it's all on computer. stuart: i just want to deal with pga/liv golf the emergencier. seems lo be like the saudis have bought the game of golf, i know you are a golfer. what do you say to the saudi move? >> yes. well, i think unifying golf is by far the most important thing first of all.

saudi golf or whatever you want to say is so well funded and not going to outspend them and liv golf will be around for a long time and pga has to figure out how to live with them. i thought it would take longer and i was surprised like you and heard you and bret baier talking about this a moment ago and it's a little crazy they haven't been unified. it's a good thing. i think it's a good, positive thing for golf. we don't know all the details yet. you know, the details are going to be really important. stuart: they are. caitlyn jenner, it's always a pleasure. please don't be a stranger to us. if you ever consider leaving california, please don't come to new jersey. it's not the right place for you. >> yeah. don't you have a guest house in florida? stuart: i do as a matter of fact and you're w welcome to it. you could afford the rent. believe me, you could. >> okay. oh, no, now it's going for rent. what type of friendship is this, stuart? stuart: nonexistent. just give me the money.

caitlyn, you're all right. okay. you're all right. thanks very much for being with us. >> thank you. stuart: coming up, president biden wants companies to eliminate hidden fees. what's his plan to tamp down on soaring prices at the grocery store or rent. congressman jason smith chair of house weighs and means committee, very important guy and says biden's global tax puts interest of other countries ahead of ours. can he stop the global tax? the congressman is next. ♪ this thing, it's making me get an ice bath again. what do you mean?

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ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term

policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. stuart: on the market this is morning, plenty of green but i want to start with manchester united. straight up, you're going to tell me why, ashley. ashley: well, they're surge after roiters reporting they're in talk with qatar's -- and

meta's artificial intelligence chief said they're system like chatgpt do not have human level intelligence and their systems are barely smarter than a dog. my cocker spaniel is incredibly bright so think about that un-one. last one, carver, the popular mediterranean restaurant chain similar to chipotle, will begin trade on new york stock exchange today and chain has more than 250 locations across the country and raised $318 million in their ipo. that is carver. stu. stuart: got it, thanks, ash. the white house wants to do something about what they call hidden fees. shake --

>> while these fees need to be death death with, it's not what the president is dealing with but posting fees with the ceo and not reducing the fees. >> i think that more transparency could promote a better customer experience. even if it won't save people a ton of money in the long run. >> inflation remains a huge concern for americans. latest fox news polling shows nine out of ten people concerned with inflation according to to some economists on your screen, amount of money the president signed into law was part of the problem in the last two years. listen to the fed chairman. at what point do you talk more firmly with lawmakers about fiscal responsibility because i'm assuming one shared policy cannot handle alone the inflation or keep that in check with the higher level spending.

>> we hope other policymakers respect our independence on monetary policy, and we don't see ourselves as the judge's of appropriate fiscal policy. >> the president is talking about transparency and fees and americans are wracking up credit card debt at 20+ interest to afford the lifestyle they've had because of the rate increases because the fed is trying to get in front of inflation. stu. stuart: he didn't want your question, did he? >> he did not like the question. and the room got silent. stuart: i noticed. >> he did not like that. stuart: well done, ed wart. thanks. here's a headline for you, take a look. biden's global tax surrender hurts u.s. businesses, workers, and the economy. congressman jason smith is the powerful, if i may say that, powerful chair of the house weigweighs and means committee d he joins me now. congressman, you want to get rid of the global tax the

administration proposes. can you do it? >> stuart, this proposal that the administration entered into with 130 other countries in paris sucks out $120 billion from u.s. businesses. it gives it to 130 other nations. it puts u.s. businesses at a disadvantage to china and so many other folks. why this administration would want to bull, i mean, they love taxes, why would they want to lose revenue? let alone target u.s. businesses and giving it to international countries. we're doing everything we can, all the republican members of the weighs and means committee filed legislation to proudly pry supports event it from happening. if it does happen, there'll be consequences and those consequences will be very, very severe. we got many tools in the tool box we're not going to slow down with on this. stuart: isn't this a sovereignty issue?

go ahead. >> it's a sovereignty issue but constitutional, stuart. all tax policies according to the united states constitution is in the house weighs and means meanty. not with secretary yellen, not with the president, not with treasury, and definitely not with 130 other trade ministers from 130 other countries. that is absolutely horrendous. stuart: how do you feel about the europeans fining our high-tech companies tens of billions of dollars. how duoyou feel about the europeans taking our money? >> we have the largest economy in the world. you have europeans and all countries trying to come in and pull resources from our economy and from our companies, which ultimately hurts our american workers. i can tell you the members on the weighs and means committee

will stand up to the craziness even if the administration is trying to push forward on relentless proposal that harms american workers. stuart: think you can get to done? get that global tax out of here? >> let me tell you, i'll be looking at every vehicle possible and i think people know that we can be creative. stuart: good. congressman jason smith, weighs and means committee chair. thank you for joining us, sir. a six figure salary is the goal for many people but not not go as far as it would in some cities. ashley, which city do people get the most out of their paychecks? ashley: fascinating. you have to head south that . is according to to a study by smart asset and i want to give you this stat, in cities like new york and san francisco, $250,000 is worth just shy of $83,000 after taxes and cost of living. that's taking into consideration local state, federal taxes, cost

of living expenses and no big surprise your money goes the furthest there in texas and the south. memphis at the top thanks to tennessee's lack of state income tax, you'll get back 203,000 thereabouts followed by el paso, texas, and corpus christi over 196,000. you know, texas is on their a holt. houston same in just over 191,000 as you can see. but really remarkable. followed by san antonio, fort worth, arlington, eight or nine of top ten are in texas. number ten was jacksonville, florida, jest over 186,000 but 250 grand in new york. you bring home about $83,000 once you paid for everything else. that's just outrageous. stuart: is that why you left? no, don't answer that. thanks, ash. thank you very much.

stuart: a cup that will wants to start a family. we'll tell you what he said. a private school teacher wants students to attend protransgender rallies and wants them to donate money to transgender organizations. resident theologian jonathan morris will deal with that, he's next. ♪ my relationship with my credit cards wasn't good. i got into debt in college,

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hitting highs for the year, investors apparently shaking off their rate hike fears. that's a rally. then there's this, a new study just ranked states based on how they protect religious freedom. come back in again, ashley. who gives the most protection? ashley: texas and alabama are among the top protecters of religious freedom and michigan and nevada rank among the low jaire wow. legal institute ranked autostale on how laws protect faith-based tax except and nonprofit to omitter successfully and efficiently. maryland, nevada, wisconsin, massachusetts, maine, hawaii, utah, virginia and west virginia ranked among the lowest and other side alabama top with constitutional amendment that offers significant protection for religious organizations, texas came in second place for

religious freedom and strong constitutional protections for free exercise of religion. there you have it, stu. stuart: ash, a teacher at a private christian school in virginia sent an e-mail to students. it encouraged them to attend pro transgender protests and donate money to trans-organizations. the message was never sent to the parents. jonathan morris, our resident theologian joins me now. how do you feel about not telling the parent s? >> i say let it happen and then let parents push back and let the schools recognize they are not the first educators of children. it's the parents. that is the natural right of every parent to be the primary educator of their children. when they choose a school that chooses to unsharp that right and take it away from them by

indoctrinating them and not informing the parents of what they're doing, then the parents will fight back and say this school that we're taying, in this case the school charges $39,000 a year for a student. i don't think we'll pay for that. i think it's the free market. it's also a natural swing of the pendulum back to reality and common sense. stuart: in the public school system, parents don't have that freedom. >> yeah and that's why the public school system is in such a mess. stuart: i think you're right. hundreds of people attended a protestant the church service run entirely by a gpt bot and they had prayers and music and the congregation was urged to leave the past behind, maintain faith in jesus, not fear death. how do you feel about an ai-generated sermon? >> i'm 100% fine with it. stuart: you are? >> actually, yes.

chatgpt, they're taking learned knowledge of human beings and they are generating it in a new way, in a faster way, and interesting way. doesn't mean it's the solution. but we should not fear te technology. we should not fear technology but we should be be the masters of technology making sure it serves the common good and the individual. a, shouldn't be the father of all lies and the devil. stuart: i fear as secular humanism running ripe. >> if you're not master of technology, if that pastor is not in control of it, yes, of course that can happen. we should not fear technology and again, the pendulum swings. right now generation z is posting on social media almost 50% less than generation x did

at their age because they've realized, 20 somethings had said, you know what, this is not healthy. we've seen what technology can do and it can be good and can be bad. they're saying, let's not put my life out there as much as people ten years older than me have done in the past. >> last one and it's for you specifically for you. >> i love talking to you when the dow is up. you're just happier. there's a chipperness about you. stuart: you're right. >> it's delightful. stuart: shall i get to the question? jeopardy fans, furious on social media after all three contestants were unable to solve a simple puzzle on the lord's prayer. here's the puzzle. put it on the screen. matthew 6; 9 says our father who art in heaven then blank,

hallowed by thy name. >> is says something about our society; right. there's a lack of education this is the words when the disciples asked jesus, how should we pray? he said, this is how you pray. generations need that type of teaching. stuart: do they need christian education? >> absolutely because i believe that christianity is needed. stuart: in the public school s? >> there needs to be -- i would not be happy if they were mandating kids to do christian prayers, absolutely not. but a liberty and freedom for christians to be able to practice their faith within public schools. stuart: i'd agree with that . i've got to cut this short unfortunately because cava, the cava group, it's a company, they've just begun trading. the share price opened at $42 a

share. ipo price is $22. clearly cava got a very good reception and it's a mediterranean restaurant chain somewhat similar to chipotle doing very well on first day in the market. what's coming up, housing prices high, mortgage rates above 6%. can you make money flipping houses these days? the star of hgtv's flipping 101 tarek el moussa responds to that right after this. ♪ ♪

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stuart: we told you about the los angeles new mansion tax that started april 1 and adds 4% on properties selling for more than $5 million. , 5.5% if the property sells for more than $10 million. lots of money. during the first month, april, there were only five transactions. tarek el moussa is the host of hgtv's flipping 101 and joins me now. tarek, has the mansion tax seriously affected your real estate business, not the flipping side but the real

estate business? >> you know, it really hasn't because the amount of sales is so low and came in so much low r than they were expecting and that's really from the really slow real estate market in la right now. stuart: so no effect? >> i mean, no, the market is slow. that's the effect. there's why there's no sales. the market in la is really slow right now. stuart: has the tax slowed down the market? >> no, i don't think .s i really don't think .s i think in general the la market was slow. is it affecting things? yes, but there's no volume trading right now. stuart: if i've got an expensive home, more than $5 million, why should i sell? i'll pay a whopping great big tax and move some where else and get a higher marge. >> it hasn't affected the la market because it's already bad. it is a bad market right now in

la. stuart: all right. tell me about the flipping business. i can't see how you can make a profit flipping homes in this market, can you? >> absolutely. so we're doing the best we've done in quite some time. so most parts of 2022 is pretty challenging and interest rates doubled, but right now we're seeing houses fly off the shelves and multiple offers, and there's so much pent up demand and there's no inventory because people aren't moving. stuart: when i think of flipping, i think of buying something cheap, doing it up and reselling at a profit. you're telling me that you can buy houses on the cheap in los angeles now, do them up and sell for profit? give me an example. >> we're doing about 20 to 30 a month right now. i bought a house last week, paid $430 and spending $175,000 to fix it up and sell for $925,000. stuart: doesn't sound like a slow real estate market to me. >> well, it's all about having

the expertise and knowing how to find the deals. that's my specialty. i know how to find the deals and that's what i teach people. how to find the deals. stuart: how do you find the deals that other people can't find? >> oh, well active outreach. know what sellers to contact, who to call, what to say. need to know what type of marketing to be doing, radio, print, podcast, tv? what source. do you want to go after notice of defaults, go after property management companies? it's really about being educated on what it takes to find these deals. because we are looking for a needle in a hay stack, and we have to move a lot of hay. hay. stuart: yes, you certainly do. tarek, that was fascinating and thank you very much for being on the show. we really appreciate it and come back and tell us about la realize. see you soon. it's the thursday trivia question. in ancient egyptian mythology, who was the god of the sun?

g-e-b, raw, or cyrius? the answer after that . your best defense against erosion and cavities beat...

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75th anniversary sale. call 1-800-miracle today. stuart: we asked, in ancient egyptian mythology who was the god of the son? geb, ra osiris, horus? ashley? ashley: as soon as that question came out i said ra, number three i have no idea why. stuart: that's exactly what i

said, because i don't have a clue about the answer. and it is ra. ashley: right. stuart: guessing sometimes works , ashley. sometimes it works. well done. thanks, ash. see you soon. quick check of the markets. i'm seeing a lot of green. the dow is now up 350. nasdaq up close to 100. s&p up 35 points that's a rally. now show me microsoft. pretty good news right there. we've got microsoft now up $8, 2.4%. microsoft year-to-date that's calendar year-to-date is up a whopping 44% and the company is worth, hold on a second, i'll tell you, the company is worth $2.5 trillion. that's it for "varney" & company "coast to coast" starts now. neil: hell has no fury like a former president. donald trump is still angry, not at a prosecutor or the entire justice departme