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tv   Varney Company  FOX Business  June 19, 2023 11:00am-12:00pm EDT

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>> hollywood that's putting movies in theaters and that 90% of the revenue is coming from a handful of films. so you have politics dictating creativity. two. >> being with corrupted, selling influence to foreign dictatorships, it's astounding. i mean, everything that was false about the russia hoax turns out to be true about biden conspiracy. >> we have lived through an era that, hopefully, will continue
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where stocks, american stocks are the best place to put your money. >> this is a -- they stopped export controls on huawei, they stopped all the sanctions on human rights violations many china just to get a meeting. now, that's not the right way to do this. that's a display of weakness, not strength. ♪ all right, take it easy, baby, make it last all night ♪ stuart: well, good morning, everyone. tom petty, one of my favorites. "american girl," great song. that's new york city. the statue of liberty right in the middle of the harbor there on a lovely day. it's a beautiful place to be to, new york, and it is 11:00. it is june 19th. the markets are closed for juneteenth, however, left-hand side of your screen we've got some action in the futures market. there's some selling, not that much. dow looking for a loss of about is 00 points -- 100 points,
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fractional losses elsewhere. remember, the markets here are closed today. now this. who two stories about resisting thieves and tackling violent, disturbed people. let's just say that both are discourage canned in 21st century america. don't resist thieves, don't get involved, pass on by on the other side, it's safer. the first story is about this man, gideon moncrief. he saw a subway passenger abusing an elderly man. gideon tried to the calm him, it didn't work. man said i'm going to make sure you remember him and promptly slashed him across the face. the alleged slasher had been released without bail four days earlier for a violent incident. the next story is about a clerk at a circle k store. the young man walks in, tells the clerk he wants cigarettes, she says you've got to pay. he pushes behind the counter, she puts her hand on his arm to
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restrain him. she was fired. circle k's policy says clerks may not chase or confront anyone in the store. the message from these two stories is clear, we have tangled ourselves in politics, and now we can't tell right from wrong. will someone please stand up and say stealing is wrong, knock it off, there will be consequences and you won't like them? and will someone please tell the radical d.a.s that are ruining the cities they're supposed to protect, step in and be a good samaritan? you might get slashed. protect your fellow passengers like daniel penny, you pace charges. put your hand on a thug and you're fired. it really is the world turned upside down. third hour of "varney" starts now. ♪ ♪ing many -- ♪ ♪ stuart: all right, look who's here this monday morning, pete hegseth, the man himself. >> morning. stuart: when is someone going to stand up and say this is wrong
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and there will be consequences? >> well, we'll -- stealing is wrong, stuart. everybody knows i. -- knows it. yet leaders cower to the lowest common denominator, and radical activists, and that's what's happened on the left. you know, in that first case of gideon, he's an executive. he actually walked up to the person who was messing with an elder orally person and said i love you -- you wouldler i, i love you, i see you with, i look like you, i hear you, he did all the textbook things they tell you to do. turns out the guy who slashed him in the face is crazy, should be locked up, had been locked up before but keeps getting released. in the second case, what good with do we have store clerks for then if people can just walk in and take things if they don't stand up and resist it? there's a phrase for this environment, and it's kind of abstract, but it's an acrcho-tyranny, small things don't get missed. if you defend yourself, you're dethe fenceless or you're the
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criminal, and then there's selective political enforcement which we see, you've already covered on your program this morning, of people who are outside the group think of what those in control want. so rest of us suffer. and if you step up, you become the bad guy. it's going to the ache the, you know, what's that song, you can't always get what you want but you're going to yet what you need? if a president, governors, d.a.s that say you're going to get what society needs, and that's jail time. it worked in new york in the '80s under giuliani, it can work again. stuart: it did. the vote is the way around this. change that vote. got it. now, you're a military guy, and i want you to respond to the army's top civilian leader who blames anti-woke rhetoric from the right for the severe recruiting crisis. so it is -- my question is, is anti-woke sentiment killing recruitment? really? >> oh, i thought we had a clip. it -- so here's the leader of
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the army, effectively, saying it's the -- the problem is not that we're woke, the problem is that you're saying we're woke when all we're saying and we're seeing, by the way, are servicee corps, air force, coast guard, you name it, space force -- peddling forth gender, racial theories that divide their forces and erode readiness and merit. i'm not just saying this because i've seen videos on the internet, stuart, i know. i was recently in. i me guys who are serving right now -- i know guys who are serving right now, i'm researching this topic for a book, and they said if the public knew how much time was focused on dei training or critical race theory or emphasis on promoting certain people or changing standards so is you have a certain quota, that's below the surface, not even the videos and the white rage stuff that milley says and all of that, the evidence sufficient is just the tip of the iceberg --
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evidence stuff is just the tip of the iceberg. the person making this statement knows how far the military has fallen and is has to blame somebody else. because we raise the alarm, we're the problem. no, families see it. they see it, and military service is often a family business, and they say i've been going through the same thing with my kids. do i want them joining a military that only looks slightly different than a college or university when it pertains to social policy, or do i want them to be a part of the, you know, tough thest fighting force on the planet? the army has to decide what it wants to be. stuart: you got it. one more for you with. every team in major league baseball celebrated pride month in some way except the texas rangers. they haven't held a pride night since 2003. they got so much backlash for that one, they haven't had one since. should the texas rangers cave and have a pride night, pete? >> of course not. good for the texas rangers. good for the fact that certain teams are actually making decisions based on the product on the field, their players,
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their fan base, their bottom line. this'll only make them more popular and ingratiate themselves. by the way, the article talking about this points out they've done things behind the scenes to the make sure they're inclusive, make sure their hiring practices are proper. but you don't need to run out and celebrate something and then you're choosing what you're celebrating or not celebrating, okay, we've got the sisters of perpetual indulgence and then we've got the christian night, just play baseball. let people have a hot dog and a beer and watch a game, let your players play. st a smart business decision at the end of the day. stuart: you know, hegseth, you just make far too much sense. do you realize that? [laughter] >> not as much as you, stuart. stuart: mutual flattery, it's a great thing. pete hegseth, he's a good man. see you again soon. >> thank you, sir. stuart: all right. serious stuff here. a former teammate of transgender swimmer leah thomas is going after their former university,
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u-penn. she says u-penn shut down criticism back in 2020 the, paula scanlon is that teammate, and paula joins me now in new york. a take me through the story, please, paula. what happened at u-penn? >> yeah. so our university actually didn't really have any conversations with us at all about our concern cans with the situation happening -- concerns with the situation happening and once it was already a media storm and thomas was already breaking all these records, that's when they came in and told us please don't talk to the media, this is nonnegotiable, and they provided us with counseling services if we objected. stuart: so you weren't supposed to say anything at all. was this a face to face meeting? somebody said absolute quiet, please? >> yep. they brought in a whole panel of individuals, someone from the lgbt center, psychological services and a bunch of people from the athletic department. stuart: then what happened? lia thomas was on the team? >> yeah. this was halfway through the season was the first time we had a formal meeting about it, so,
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yeah, lia continued to swim on the team, and there was no changes that were made to the entire season. it just continued as if everything was normal. stuart: where cothings stand now for college swimmers? >> so the governing body of swimming called fena, they actually put in a rule that said if you don't transition before the age of 12, you're not allowed to compete internationally. so in terms of lia thomas or another individual like that going to the olympics, that's not going to happen. but the ncaa hasn't changed any of its policies regarding transgender individuals. it's a year of testosterone blocker is the and hormone replacement therapy, and then you're good to go to compete on the women'ses team. stuart: okay. you're still swimming? >> i'm not. stuart: you're not? >> >> i graduated, but i'm not really swimming anymore. stuart: would you like to go back to competitive swimming? >> no, i think my time's passed.
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i'm here to fight for other women and girls against these policies. stuart: thanks very much for being here. all right, ashley, you've got, what, the business headlines of the day, juneteenth when the markets are closed. start with airbnb. what have you got? >> reporter: yes, indeed. the ceo, brian chesky, says a. a.i. will create more jobs as many tech icons have voiced tear worries, chess key looking on the bright side. he says we don't even know what kind of jobs a.i. could create. he says 30% of day-to-day tasks could be handled by chatgpt-like tools within the next six months, but it doesn't necessarily mean engineers' jobs are at risk. all right. meantime, reports say intel is planning to build a brand new if chip manufacturing plant in uses reel. prime minister benjamin netanyahu announcing the $25 billion agreement which is set to open in 2027, about 35 miles
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south of tell asee. netanyahu's office says it is the largest investment ever in the state of israel and reflects the strength of the free economy they have built. by the way, intel is operated in israel since 1974 and has a number of facilities there. and the last one we're following is silicon valley bank, turns out svb customers in asia whose deposits were recently seized by the fdic still had loans outstanding to first citizens bank. when the, the dic stepped in earlier this year to protect customers after the collapse, they left out svb's branch in the cayman islands which had deposits from bank clients in china, singapore and other parts of asia. funds are now under pressure to repay those short-term loans, but the customers say the money they had earmarked to repay the debt was actually in those cayman bank accounts. bit of a mess. stuart: i've got to the say that $25 billion intel plant coming to israel, that's a very big
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deal. >> reporter: huge. stuart: chip making is being dispersed out of taiwan rapidly. ashley, thanks very much, indeed. senator tim scott blasting former president obama over the lack of school choice in democrat-run cities. scott says when it comes to education, democrats have failed. more on that for you. broker e thieves getting out of control, real estate agents who don't even go to showings, are still charging tenants thousands of dollars. we have the story for you. youngsters were asked if they think father's day should be replaced with a more gender-neutral parents' day. roll tape. >> that's crazy. it's been like that since, since day one, so why are they going to the change it now? >> i agree. [laughter] i agree with him. [laughter] stuart: been like that since day one, why should we change now? interesting. tommy lauren's fired up about it, she's on the show next.
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stuart: well, young folks sounding off on the push to the replace father's day with parents' day. watch this. >> if merely using terms like mother and father is considered offensive, the logical next step then is to just enfather's day entirely. -- end father's day entirely. so would you be in favor, in support of a ban on father's day, just canceling it? >> no, because we need to
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celebrate a fathers. >> i wouldn't do that because, like, i feel like dads' day works, they work the hardest for the family. >> probably downplays it. i, like, i don't think that's a valid reason to cancel it. so what would you have instead, parents' day? stuart: okay. father's day, parents' day. tomi lahren has some feelings on this. do you think parents' day will gain traction? >> i think we should always celebrate with parents and parental rights, but we should also celebrate mothers and fathers and men and women. that shouldn't be a controversial thing to say. what i find so interesting about this is now people are actively looking for things to be offended by. you say father's day, i don't have a father, i'm offended. you say mother's day, what about trans women, women who aren't mothers? everybody so fended by words, and how privileged do you have to be, to be offended by the word? say, hey, listen, i don't have a dad, i don't have a mom, i'm
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trans, okay, that's fine, but why should the world bend and cave to the every little thing that offends you? this is why we're raising a snowflake generation, because they're offended by words. stuart: do you think things are about to change? we've had so many of these reports on this kind of thing. the outrage is palpable out there. is it going to change? >> i think it will, and aye used the phrase before, but it's like the snake if eating its own tail here. young people, they want to be diverse, inclusive and woke, but wait until they're not allowed to say anything anymore, and pretty soon they're going to say, you know what in maybe this has gone too far. when it impacts them, when it impacts hollywood, academia, then we might see a change, and i think woke is going to go by the wayside. i think we are seeing a slow death of woke coming up. here in the next couple of years, i think we're going to put the nail in the coffin. stuart: i'll be cheering it on. you've got an op-ed that says the left is strategically brainwashing kids at every level. that's strong -- brainwashing?
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if really? >> yeah. and the reason i say that is, it's a multiprong approach. so for covid it was mask your children. first, take them out of school, put them in remote learning, then send them back to school, mask them. last week you just hadly nadler saying, yes, it's -- jerry nadler saying it's child abuse to the not mask your 2-year-old. that was last week. then you've got the remote learning, the crt, the blm, the lgbtq, what about abcs, what about math? and hen you've got our own president saying children belong to the collective, they belong to the all of us. they are brainwashing children at every level. it's this every way, and to move parents -- mothers, fathers, whatever you want to call them -- by the wayside and allow these so-called educators to step in. and really when we say educators, we mean liberal indoctrinated teachers who came are from academia and now are passing that on to the younger generation.
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it's a real problem. stuart: it sure is. tomi lahren, appreciate it. thank you very much. 2024 presidential candidate senator tim scott blasting former president barack obama over the lack of school choice in democrat-run cities. ashley, come on back in again, please. what else did the senator have to say? >> reporter: yep, plenty. appearing on "fox news sunday," senator scott had some scathing words for president obama over his handling of race and, yes, education. the 2024 the presidential candidate talked about the poor state of public education systems across the country and the criticism leveled at him by mr. obama himself. take a listen. >> there's no higher complimenting to be attacked by president obama. thed rah call left and the teachers unions refuse to allow quality education in big, blue cities. i support school choice because i support common sense. the radical left and president obama, they have failed, they have failed and they have failed. we will make it happen under
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scott, under my administration. we will make sure that kids have quality education at every single zip code. >> reporter: that sounds good. by the way, former president obama recently said that minority republican candidates like scott have a history of saying, quote, everything's great in america without an honest accounting of the past and present. scott, meantime, says the former president missed a key opportunity to develop racial unity during his two terms in office. stu. stuart: all right, ashley, thanks very much, indeed. the 2024 election, florida versus california, desantis the versus newsom. [laughter] not out of the question for the election in 2024. we're going to compare the two. miami's mayor, francis suarez, now the third republican from florida to run for the gop nomination. is there enough money in florida to finance three major campaigns? well, the mayor will tell us. the mayor is with us after this.
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stuart: republicans have made california a frequent target on the 2024 campaign trail, highlighting the state 's ongoing economic troubles while red states like florida, for example, continue to boom. ed madisonal worth with me this morning -- madison alworth with. three gop candidates coming out of the state of florida alone. how big is that state's success going to be a big role in the election? >> reporter: well, two of the candidates definitely hope that it will play a big role many in their success in garnering support for their nomination, both miami mayor francis suarez and florida governor with ron desantis the hope they can ride that florida model all the way to the white house. the pair have not been shy in directly contrasting their success with the stumblings of blue states. both have pointed to florida's state population boom as evidence that americans are voting with their feet and moving to the sunshine state, leaving blue states for florida. california, for example, lost
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1.3% of its population over 2 years while florida grew by 3.3%. and those numbers, they seem small, but when you a talk about populations, it's a lot. so looking at california, they lost over half a million people. florida gained over 700,000 new residents in that time period. florida governor ron desantis argues part of the reason why people make the move is his handling of the tate's economy from keeping businesses open during covid to no income tax. he's making the argument that he can balance the federal budget the same way he has the statement's. >> we paid down billions of dollars in state debt just since i've been governor, so we're second lowest per capita in the country, and we're trying to become the lowest per capita state for debt in the entire country. why can't we have that mentality in washington, d.c.? >> reporter: now, something that new york,ing specifically new york city and california, have over blossoming tech hubs and opportunities this business centers, but remote work has
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definitely changed that calculus, and when the move is made from, say, san francisco to miami, you immediately save $50,000. florida, of course, not shy when it comes to presidential elections, and we're already seeing it play a big role. stuart: $50,000? >> reporter: that's what you would say immediately. and i'm sure your next guest will have something to say about that, because he's seen that move. stuart: that's exactly right. it seems like florida's housing boom, starting to slow down a little maybe? ashley, tell me more. >> reporter: maybe just a bit. reports say demand for homes in florida is waning as the state becomes less affordable and home prices have flatlined. as you recall, millions of americans left big cities during the pandemic for a more affordable lifestyle, and data shows the median house price -- growth, that is -- in florida year on year hit 27.7% this may 2021. two years later, and the growth
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has fallen off as locals and new arrivals essentially are being priced out. according to realty hop, miami is the least affordable housing market right now with a median list price for a home right there at $585,000. the city, by the way, also had the highest rates of inflation making the cost of living an added pressure on top of the mortgage costs, so it's getting expensive. that said, many people still moving in, and many homeowners with covid-era mortgages are very reluck an about the to give up their low rates which is why there's not as many houses on the market. when you get a 2.9 or 3% mortgage, you don't want to give that up stu. stuart: you sit on it for life, that's the way it is. thanks, ash. >> reporter: yes. stuart: we're still on the florida subject, and we're going to bring in the mayor of miami, a frequent guest on this program. that would be francis suarez who is also running for the presidency of the united states of america. your honor, you say you're going to pardon former president trump
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if you're elected? [laughter] are you looking for the trump vote? are you trying to bring over some trump supporters? >> look, i think what's important is that everybody in this country -- [audio difficulty] until proven guilty. and i also think it's important that he has to go through a process, a judicial process. think what's happened in the press is, first of all, there's been a desire toen want to sort of convict him based on allegations alone. i think he's entitled to due process like everybody else in this country. if i become the president of the united states, what i think is appropriate for a president to use the pardon power to heal the country k. and that goes for both republicans and democrats. that's what i would do if i become the president of the united states. stuart: well, apart from you're hispanic, you're a young man and you're a sitting mayor of miami, apart from that what sets you apart from the other candidates? what's so different about you compared to the other people in the race?
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>> what's different is i think i can solve the major problems of this country. and they come down to deficit, they come down to -- [audio difficulty] they come down to immigration and they come down to china as a generational threat. on the budget i'm the only candidate that i know of that has cut its own budget by 20% in one year which is exactly the amount of money and exactly the percentage we have to cut the federal budget to balance it. secondly on immigration, i don't think anybody could argue that a hispanic republican president would be in the best position to negotiate what has to occur for us to have a coherent immigration policy that's pegged to unemployment, that's pegged to our declining birth rate, that deals with the issues on the border and all the issues are related to immigration which is multifaceted -- stuart: can i just interrupt you for a second because the border issue is a very important issue. would you build a wall? and if you do stop illegal
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immigration, would you allow the ones already here to work? >> the border's an enormous issue. we have 80-90,000 americans dying every single year from fentanyl that's coming through our border, that's being pumped into our country there china. that's the equivalent of a 747 crashing every single day. and we're not treating the it as the crisis that it is. we have 6-7 million illegal people that have arrived in our country since president biden became the president. through policies that are creating chaos at the border. by the way, that's an issue that even democrat mayors are complaining -- stuart: well, will you build a wall and put the ones who are here already, put them to work? will you do those two things? >> i will dedicate whatever the resources that are necessary, also discussing it with the law enforcement partners that are on the ground to make sure that our border secure. whatever that is, i will do it. the second part is the people that are here, as you said, you
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know, everyone agrees that those people cannot be sort of teleported out of the country. there is no mechanism to get them out of the country. so we have to find a way to understand who they are, to make sure that they're not national security threats, to make sure that they're paying their taxes and, yes, to give them some sort of legal us so that small businesses across -- legal status so that small businesses can rely on them to propel the economy. in miami we have the lowesten employment rate in the country, and it's hard to start a business when you don't have sufficient of employees. stuart: your honor, i'm out of time but, please, come back and join us again soon because you address these issues directly, and is we appreciate that. francis suarez, mayor of miami -- >> stuart -- [audio difficulty] stuart: i'm sorry? >> you know i'd come anytime you want me to the, stuart. stuart: that's a deal. thank you very much, we appreciate it. quick programming note, two new episodes of "american built" air tonight on fox business prime. here's a preview of the george
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washington bridge. roll it. ♪ >> suspension bridges, to me, are always a slashing because even though i know how they work, i never quite believe hay do. stuart: a work of art this in con concrete and and steel. >> it's a very, very heavy bridge but it's also long. stuart: it required ingenious engineering. >> it had to be built between two rather steep cliffs. stuart: breath with taking design -- >> one of the most beautiful bridges in the world. >> it's a bridge that tells you it's a bridge. stuart: -- and incredible risk. >> guys walking on open steel without any safety gear, no innocents. stuart -- no nets. stuart: how they build an icon. >> it was the longest suspension bridge in the world. stuart: the george washington bridge with. it's a great episode. you can watch the george washington bridge tonight, 9
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p.m. eastern. and then the gateway arch, 9:30 eastern, only on fox business prime. wyndham clark won his first ever i major title at the u.s. open. you've got to watch this. roll tape. [cheers and applause] >> he takeses down all the stars this los angeles to win the united states open! stuart: yeah, he's 29 years old, and he is now the number two in the ryder cup standings. hey, ashley, it was on late. did you watch? >> reporter: yeah. yep, i watched the whole thing. i was fascinated. you know, everyone was pulling for rickie fowler because he's been in the wilderness for so long. he had a tough final round but still great to see him there. kind of had a little pull for rory mcilroy who played okay, just couldn't sink a putt. but with wyndham clark, he just held his nerve in a very difficult course, and he just didn't make a mistake.
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he deserved every bit of his praise and and what a great, you know, ad accelerate it was for golf. there was a lot of criticism of the course itself, but i thought it was interesting. nothing better than seeing a pro golfer hack away in the rough that makes you feel better about your own game. [laughter] stuart: i believe it does. all right, ash, back to you a little later. now, if you make, for example, suppose you make $75,000 a year. only 23% of available homes, home will listings, are considered affordable. only one in five is considered affordable, but you're making $75 grand or more. so why is the middle class getting squeezed? we're going to try to deal with that after this. ♪ ♪
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call unitedhealthcare today for your free decision guide. so if you have this and want less out-of-pocket costs... and more peace of mind... consider adding this. an aarp medicare supplement plan. take charge of your health care today. just use this...or this to call unitedhealthcare about an aarp medicare supplement plan. stuart: this just coming in to us, a tourist submarine has gone
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missing while exploring the titanic wreck in the atlantic ocean. the u.s. coast guard confirmed there is a search and rescue operation or underway off the coast of newfoundland, canada. at this time it remains unclear how many people, if any, might be onboard and which tourist company owns the vessel. thousand this, middle -- now this, middle class home buyers getting squeezed out of home ownership. look at some numbers. 51% of us, 51, that's about that half of us, earn $75,000 a year or less. that means one in five of us, 23%, that's all, are available -- home listings are available and affordable for these households. an associate broker joins me now. i was inclined to think that the basic problem was mortgage rates being hoo tie -- too high or incomes not being high enough, but really it's about the availability of homes for sale, the supply of homes. >> there's certainly a lack of
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supply across america, 100%. you know, i think there's mortgage rates are a big part of it because a lot of people, 39% of homeowners have mortgage rates less than 4%, so that's a huge financial asset to them. stuart: so why should they move? >> yeah, what are they going to pick, a 6, 7 percent mortgage? they want to stay put, and there's not enough homes being built. stuart: is that accurate, four out of ten homeowners have a mortgage where the rate is less than, what, 4%some. >> right. less than 4%. there's no reason for them to to the move and trade up to a higher rate. people don't live in the price per se, the folks who buy, they live in the monthly payments. and with the higher rates, that is really affecting them. stuart: but if you can't produce a whole lot of new homes, can't just chuck the supply up there, you can't change the situation. the middle class still squeezed. >> right, they're squeezed. and you have a lot of the renters that want to move up, but they're saying, hey, i can't afford that, so let me just stay
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put. even's at a stalemate. it's very much an ebb and flow type of a market where one week we see awesome traffic ask then another week, you know, maybe the fed decides to the raise rates again, and then e we see not so much traffic. stuart: i'm told that in new york city some agents are charging 15% commission or fee, whatever you want to put it, 15%. >> that's right. stuart: and they're not going to the showings either, they're just sitting there milking it. is there something wrong with that? >> yeah, i mean, if they don't go to the showingsing, that's on them. that's not how i do the business with. during my 15 years, we've always charged a 15% fee of the annual rent. the median price in new york city is $4400 for a home right now, so if you look at that from a 15 is % fee standpoint, that's roughly $8,000 that they're going to have to pay. but what i'm seeing right now personally in my business is that if one person doesn't want to pay it, there's three people right behind them who want to pay it. stuart: okay, i'll take that.
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[laughter] thanks very much, indeed. good to see you again, nile. come and see us again soon. >> thank you. stuart: we've got a public schoolteacher in houston and her family evicted from the luxury home they were squatting in for months. ashley, how did the they finally get 'em out? >> reporter: yeah. well, a court order to vacate finally kid the trick -- did the trick, but the fourth grade teacher and her family managed to stay in the luxury home for six months by allegedly forging a lease agreement. the realtor that was hired to sell the home says she believes the family managed to get into the home by scaling a trash can, climbing onto the roof and then getting inside through a loose window. the realtor went to court several times but was told by officials that the issue was a civil matter until eventually this month a judge agreed the family was fraudulently staying in the home and ordered them out, ruling that the a alleged lease agreement was, indeed, fake. but you know what? squatting incidents have
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exploded in certain areas across the country in recent months, especially in new york where residents are being warned to protect their homes. it reminds me of the u.k. in the '70s, stu. my parents were always saying to me, make sure you lock the door, you may get squatters. i think of the late '600s and early '70s, if not younger, the u.k., epsilon done, squatting was the thing to do. once you got in there, it was very hard to get you out, and it struck fear in all homeowners across country. stuart: there was a rye riot in the late '600s in london -- '60s in london, a huge building taken over by hundreds of squatters, and it was a pitched battle getting them out. i hope that doesn't come here. ash, thank you very much. next case, a former police officer in california says drugs, not the lack of housing, are to blame for the homeless crisis. maybe we're tackling the homeless problem in entirely the wrong way? could be. we'll investigate next. ♪ ♪
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stuart: if you buy weed, as in marijuana, illegally in the united states, you're probably sporting the mexican -- supporting mexican cartels. what's this all about, ashley? >> reporter: it's all about
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northern california, three large mountainous if areas in northern california comprise the so-called emerald triangle, extensive production of high quality legal cannabis as well as black market marijuana. it's also become a profit center for mexican cartels and other criminal syndicateses who recruit unwitting harvesters who often become trapped, trafficked by ruthless gangs or simply disappear, never to be seen again. the cartels' marijuana is cheaper because it's not subject to the fees and taxes impedes posed -- imposed in california by legal growers, and authorities are struggling to clamp down. in trinity county alone, get this, there are just 22 deputies meaning at any given time there are only two officers to cover an area nearly twice the land mass of rhode island. in other words, simply not enough to stop what is called modern day slavery at the hands of the cartels. stu. stuart: interesting problem. got it. thanks, ash.
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a former police officer from oceanside, california, says it's not the lack of housing that's creating the homeless problem. oh, no. he says it's drugs. i want to bring in the sheriff of riverside county, california, chad bianco. very, is he -- sheriff, is he right in not housing shortage. no, it's drugs. is he right? >> he's exactly right, and i'm glad he's getting quite a bit of press because of this. i've been saying this for years. especially in california we will never fix our homeless problem until we rename it and quit calling it a homeless problem. it's a drug-induced psychosis problem. and until we address it as a drug problem, we're never going to fix it. stuart: in your county are you, do you feel free to address the drug problem in the way you want to address it? can you arrest people? can you put them in prison for dealing and using it? >> that's a yes and a no answer. so we can, with we certainly enforce that law as often as we
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possibly can. the problem with it is the state has changed the rules and the laws and the punishment so much since prop 47 that there is no teeth in anything that we do with them. so we can still arrest them for either being under the influence out in public or for possession of large quantities of drugs, but it's issuing them a citation and letting them go. years ago we used to be able to force them into rehab where we could get them fixed and is cured, but the state has taken that away from us. it almost cracks me up, governor newsom is making the rounds across country touting that he's going to the fix california because the state of california really, you know, worries him. well, if the one that caused it. his life agenda of destroying california has come to fruition, and now all of a sudden he says he's going to fix it. and prop 47 and a.b. 109 were two of the biggest problems that are causing our homeless and our drug problem that we have here. calling it a homeless problem,
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giving them houses will do absolutely nothing. stuart: those of us outside of california, we look at california, we hear these constant stories of the homeless, the drug problem and all the rest of it, can we expect think change, any improvement in the near future at all? >> yeah, it's almost like they don't want it fixed. it's a big business now. the government is giving nonprofits and friends of friends of friends all of this money for housing. it's a business, and they don't want it solved or all of that money dries up. stuart: got it. sheriff chad bianco from riverside, california, thanks for taking the time to be with us, sir. we appreciate it and we'll see you soon. >> absolutely, thank you. stuart: look at that time, 11:55. you know what that means, it's time for the monday trivia question. it's a good one. who is the only female to win an oscar for both best actress and best original song? julie andrews, cher, liza
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minelli, barbra streisand? we'll see if ashley knows the answer. ashley, after this. ♪ing ♪ mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. . .
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i've spent centuries evolving with the world. that's the nature of being the economy. observing investors choose assets to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. stuart: this is a good one. who is the only female to win an oscar for both best actress and best original song? here we got the choice. i can see julie andrews in the sound of music. we have liza minnelli maybe from
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cabaret. we have barbra streisand from funny girl. what are you going with, ash? >> all great possibilities. i will go with barbra streisand, number four. stuart: me too. that's right. the answer is barbra streisand. won best actress for funny girl in 1969. best original song evergreen, a star is born in 1974. we all now. i will see you tomorrow, ashly. my time is up. "varney & company" is done for now on non-market day. "coast to coast" starts in a couple of seconds. three, two, one. here it is. ♪. neil: all right. markets might be closed but politics are open for business and cash in hand for candidates trying to get more of it. we're told the president of the united sta

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