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tv   Varney Company  FOX Business  August 7, 2023 9:00am-10:00am EDT

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>> he would take them right to it, what do you think of this joe. >> i have my lovely dog at home wobbles he would probably try to lick everyone to death. she would say she's trying to stall for time. i would say she's basically obsessed with the attention. >> you guys are funny i have a dog her name is friday and she's grown up she's 8 pounds and she doesn't like people touching our stuff, so don't come to our house, friday will bark her head off that you. >> is everyone following friday on instagram? , a self-promotion. >> thank you so much you can catch me 1:00 p.m. on the big-money show. "varney & company" the great stuart is up next. stuart: i know when i see and that was pretty good. good morning, everybody. get ready, you are going to hear a lot of this heated legal battles. today donald trump has until 5:00 p.m. eastern to explain his
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truth social post, he told prosecutors if you go after me i will go after you. prosecutors say that the threat and they want protection, trump wants a change of venue for his criminal trial over the 2020 election, he says he cannot get justice with tanya tucker. the president has returned from his beach vacation he had more time off than any modern president, the pressure to remove him is growing. dean phillips appearing on cbs says keeping them on the ticket would be disastrous. he is a democrat. to the markets, a rally this morning, a modest turnaround after last week's selling, the dow was up 100, s&p 19 and nasdaq above 84 points. modest gains not much action in bitcoin that is quoted around $29000. interest rates have been going up recently, we just drop something on the floor. the price of the yield on the
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ten year treasury is down three basis points 4.07%. as for the two-year, the tenure yield is up a little bit, the two-year is up a little to. you're getting close to 480 on the two-year treasury. watch out gas prices elevated levels. the average for regular is $3.82. that's up 30 cents in a month. diesel at $4.18 per gallon, that is average and that is up 34 cents in one month. also on the show today, zuckerberg says he's ready today for his fight with elon musk but musk says he may need surgery, he want the mri for his back and neck. will the ever get in the ring together? we will cover the sad ending to the u.s. women's team in the performance rather at the world cup. some of the players did not seem proud to represent their country. we will cover it all, big show on this monday august the
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seventh 2023. "varney & company" is about to begin ♪ ♪ ♪ ♪. stuart: knock you down. i suppose that is appropriate, the four-story, not politics, not money, were covering sports. the u.s. women's team out of the world cup, the team lost a penalty kick shootout to sweden. what upset many people was not the loss but the politics. 16 members did not sing or placed her hand on their heart for the national anthem. meghan rapinoe came on late in the game, it was repeat of the brought politics to the team she
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used an obscenity for president trump and miss the vital penalty kick. will you bring us up to what rapinoe had to say about the game. >> there is video of her smiling after she missed the kick up. here's her explanation. >> i thought we played really well. this is like a sick joke for me personally, i like this is dark comedy i missed a penalty. is there a memory that stands out to you right now in this moment. >> in equal pay chance. i think this team has always fought for so much more and that's been the most rewarding part for me. >> she is 38 and retiring and she brought politics into play, much of it woke politics, police brutality, not standing for the national anthem. remember back in 2018 with the women team won the world cup she would go to the white house and that's when she and president trump got into it big time.
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>> she use an obscenity to describe our president i don't think it's appropriate for the captain of the women's team or any team or that matter. it was a chronic disappointment to see people playing for america and not respecting america and i'm mad as hell about it quite frankly. and we will editorialize about this later in the show. i will now calm down and cover the subject of money. why not a modest rally in the early going this monday morning but will get a get more from jason chaffetz on the team. common i know you follow soccer and i don't know if you were watching but i was watching on the eastern seaboard what do you make of the lack of pride in our country? >> i would not watch that team, i love soccer and i love america and i would never vote or root against the united states of america but i was not going to turn them on and i did not. >> soccer is a team sport and if you wear the red white blue and put on the uniform honor the
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flag and put your hand over your heart for goodness sake. it's more than the individual, it is about the team, the country, wearing the red, white and blue, it discussed me so i would not watch it. stuart: thank you jason, let's move on, president biden is in the white house after the ten day beach vacation and he spent 40% of his presidency so far on vacation and there are calls for the democrats to get him off the ticket, loud calls. role it. >> democrats are telling me that they want not a coordination but they want competition. if we don't heed that call, shame on us. consequences are to be disastrous, my call who are well-positioned, well-prepared of good character and competency, they know who they are to jump in and because democrats in the country need competition. it makes everything better that is my call to them right now. stuart: my take on that is quite simple. there pushing the president aside for possibly can, what say
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you? >> first of all you would never hire joe biden to run any of the companies are going to talk about over the next few hours on this program. you would not allow him to fly an airplane let alone the country. what i don't think is happening, i don't think he's running for president right now. you're the sitting president of the united states and going to reelection and the starts in six months. the sum total of a number of employees actually work and i think this is the key metric, the number of employees working on his reelection campaign is seven. that's not a serious campaign or effort that is parking people there to get a paycheck. he's not actively running for office at this point. i don't think he'll be on the ticket before the end of the year but the democrats are burning daylight, their missing opportunities to get out and introduce themselves to voters to build the coalition. stuart: i think will be pushed aside before the election, before the end of this year. thank you for being with us this morning, see you again real s
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soon. 450 days until the presidential election, campaign season and full swing. i'm curious which candidate has spent the most money. >> south carolina tim scott if you compare it to the other campaign donations he spent more than what he brought in and he also spent some of what was donated during his last senate campaign. he is followed by north dakota governor doug burgum who spent almost 70% of what he brought in and vikram swami and third spending half. candidates are burning through the donations pretty fast. it's also a sign of aggressiveness how much they want to battle it out versus longevity and they don't think they have to get the longevity despite money. stuart: let's get to the money stock market money, look at the features, nice view of that we have the dow up 100, nasdaq 82, this follows selling last week, modest buying last week, jason
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katz with us, why is the market rally do you have an easy answer. >> is relatively easy. to your point last week we had to .6% selloff. what's beyond that the market is taking the downgrade by the fitch of our debt by an grain of salt. the first blush it seemed very odd and unwarranted timing but if you take a step back and you think about it are debt relative to our gdp is simply unsustainable. it's 125%. you have democrats and republicans alike now getting a shot across the bow, therefore is predicated on the downgrade to contend with this issue heading into the presidential election. all of that being said, collective wisdom, are debt for the time being is money good, our currency as a reserve currency. it all comes back to earnings and earnings have been better and the job market holding and strong, that's why were starting this week off on a positive note. stuart: has it got legs?
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>> were at the last mile of this marathon, working across the finish line in positive territory but were not going to sprint through this finish line. stuart: no recession? >> that's what every economist has been throwing in the towel and saying and i'm saying there be a soft initially and even if that is the case you need to look at the economically sensitive parts of the market. a sound like a broken record but that trade is working looking for places that are more economically sensitive versus going into the school of what's worked and that's the big tech. that's where you want to pivot until the little bit of money, don't abandon the complex in your favorite microsoft but look to other places of the market that are a little bit more economically sensitive. >> i might look closer 5% treasury, 6% bills, 1% bills. >> all push back briefly on that. if you think when mortgage rates
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are so low we rush to refinance mortgages, think about bonds in the same context. in a year, two, three years rates will be lower because the economy will slow down at which point you will say i have all this reinvestment risk. have some money and for a 5% treasury but look to extend duration and by longer-term bonds now, lock the race and n now. stuart: dramatic stuff from jason katz this monday morning. thank you very much indeed. elon musk wants to stream his fight with mark zuckerberg on next formally known as twitter. any word on when this will happen. >> august 26 is the date but is not official. elon mocks, streamed on x proceeds go to veterans. he's lifting weights throughout the day preparing for the fight since he doesn't have time to work out he brings the weights
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to work. mark zuckerberg threaded i'm ready today i suggested august 26 when musk first challenged me but he has not confirmed and is not holding his breath. >> elon musk added to that and getting an mri have upper back and neck pain i might have surgery. huawei cage fight, the geeks turned billionaires turned off guys to bring get a billion dollars according to dana white, where is the cyber truck, i am not holding my breath on august 26. i think everybody is having fun talking about it. stuart: i think the elements are fast. >> i think mark zuckerberg is ready. stuart: moving on donald trump's attorney is pulling for his upcoming trial to be televised. watch this. >> i personally would love to see that. i'm convinced biden administration does not want the american people to see the truth. stuart: the pros and cons of putting it on tv.
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questions remain over biden's role in his son hunter's overseas business dealings. devon archer says he was involved to sell the brand. the full story after this. ♪ this is american infrastructure, a prime target for cyberattacks.
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stuart: president biden back at the white house which means back to the reality of the hunter bus scandal. peter doocy is back. welcome back. the president is back, what is
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next for the investigation? >> he is on his way back, we are trying to untangle this. one of hunter buys goods business partner has testified about the dinner with hunter biden business associates that the vice president attended. if then vice president biden attended the dinner with burisma my executives while he was in office then why did he make it sound like he did not know anything about paris' mom until after he left. >> nothing was unethical. regard to ukraine, we had this whole question because he was on the board i learned burisma. >> he has not spoken to that indeed conflicted the sworn testimony of the hunter associate devon archer who claims categorically false. joe biden never spoke to his son about the overseas business with past claims he had no awareness at all of his sons overseas business. while he has been on vacation
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this is all we got. >> are you on your way back. >> probably not. >> the oversight committee chair james comer is saying joe biden like to the american people when he said he had no knowledge about his sons business dealings and was not involved. his sons business dealings may turn out to be too much for one house democrat. >> of hunter biden committed crimes he should face justice and accountability for those crimes which by the way is a sentence i have heard very few republicans say about donald trump for much more massive crimes. >> white house aide scheduled a visit today at the white house with the world series champion houston astros and then that president biden heading out west for the rest of the week. we have no idea when he plans to address the inconsistencies. stuart: good to have you back at the white house. we will see you again real soon. this is a letter from then vice
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president biden to devon archer hunter's business partner. dear devon, i apologize for not getting a chance to talk to you at the luncheon yesterday. i was having trouble getting away from hosting president who, i hope i get the chance to see you again soon with hunter. i hope you enjoyed lunch, thank you for coming. >> former acting attorney general of the united states that whitaker joins me now. is that a smoking gun? >> it is not a smoking gun i'm glad to be with you. what i see is a brick by brick construction of a very solid foundation of refuting joe biden's position on all of these whether it is china, ukraine and is very concerning, joe biden is approaching the line where it's pretty clear he lied to the
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american people politically. the question when he fired the prosecutor of ukraine and used to billion dollars to fire the prosecutor was that in furtherance of hunter biden's business interest, if it was that is a crime, we are not there yet but certainly the case is being built at a brick of a time in each of these contribute to the stronger foundation of that case. stuart: the other side of the coin going after trump, the prosecutors want protection from what they call trump's threats on social media. if they get the protection, would that affect trump's freedom of speech? >> that is the balance in all of these situations. if you get a gag order were protective order or any kind of order from the court that prevented defendant from exercising their first amendment rights there is a very sensitive constitutional issue and we have the much the first amendment is
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first in the united states of the founding fathers in all of americans for over 247 years it felt like that is the foundation of our republic and if that goes away were all in trouble and especially the first amendment has heightened and running for president in your ability to communicate your message to voters. i think that is the first issue that a judge is going to have to decide that ultimately might make its way and wind its way to the supreme court there are so many unique legal issues in the trump cases that is a lawyers dream but judges are going to have to make real decisions. stuart: eyes glued. thank you much matthew whitaker, thank you for being with us. lauren, come in. i am curious what do they think about the trump indictments. lauren: fox news spoke to voters in alabama and there undeterred for committed to donald trump, watch. >> who else would we support.
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our immigration problem, our economy, trump, trump. we got to we gotta bring america back. it's terrible what biden has done to our country. >> the charges are helping a pickup support should support. it's admirable having political prosecution. >> there pretty frivolous when dan dykman comes out when they want to hide something on the biden krohn family. >> a pro trump maga inc. running a campaign spot for the first time that attacks the biden family. and corruption. they kept going after desantis. but trump says were way above desantis. we're going to move on, forget about the debates of the primary were moving onto attacking biden and the biden crime family directly expensively in this ad. stuart: good stuff. check futures, monday morning here's what's happening to your money as we start the week the dow was up 100, nasdaq up 84. it looks positive, the opening bell is next.
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stuart: monday morning all in the green read the dow up a hundred and nasdaq 80. ray wang is with me. when it comes to big tech are we back to buying the dip? >> yes we are definitely back. we saw a big dip because what happened with the fitch ratings and people thought the tech stocks were too high but were seen at come back and happens in two areas one is on digital advertising and the other one what is happening with the cloud the first one advertising and what we saw medicaid back 4% year-over-year growth but google at the highest ad revenue with 5% growth in the surprise is amazon which is coming in from 8.8 billion to 10.7 billion in digital ads so digital ads are back. >> microsoft and apple i thought they both took a dip after the earnings reports, are you buying them.
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>> yes that is why, part of the reason on the microsoft is not just the cloud apple benefited from digital ads and what we see on the cloud side, amazon, microsoft and google actually grew quicker than people thought we are expecting an 18% year-over-year growth in the cloud and it's actually 90% you see a bottom out in terms of deceleration on cloud growth because the forecast is probably for 21% growth on the public cloud side for q4 towards the end of the year. >> on the big tech stocks, microsoft, apple, alphabet, nvidia and amazon which do you think is the weakest? >> i think the weakest is going to be apple, the biggest upside is good to be microsoft because they made a commitment to get 400 billion in terms of a cap and that's pretty interesting in terms of revenue by 2030 and
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he's proven he is actually able to execute because of by target of 350 for them. stuart: no big selloff except in big tech anytime soon? >> i think big tech is going to be great by the end of the year. >> audit, thank you very much for joining us always good on big tech, we appreciate it, see you real soon. >> if there is such a thing happy monday. 20 seconds to go to the opening bell, clapping and cheering, we are expecting a pretty solid move to the upside when the opening bell finally rings and we start trading we were down for much of last week a couple of percentage points down looking for a modest rebound this monday morning. let's see what we got reached forward and pressed the button. away we go the dow industrial average is open on the upside nicely. a half percentage point is what i'm looking at right now, the vast majority, every single one of the dow 30 are in the green.
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that means you have widespread buying across the broad spectrum of industries, we have walgreens on the downside to the tune of 1 cent. now they're all in the winning column. >> were up 200 points, better than a half a percentage point, i will call that a rally, the s&p 500 where is that this morning, look at it go up a half percentage point, 4500 on s&p and the nasdaq composite and expected a big game just over half percentage point just shy of 14000. that's a big tech all over ag again, microsoft, amazon at the top of the list, up nearly 9% same as alphabet, microsoft up a couple of bucks, apple 182 this morning, not yet making a comeback. barbie has become the first billion-dollar movie directed by a woman, morgan stanley expects the bobbin heimer combo will
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really help cinemark and that's why cinemark is up this morning. >> on most 2% they said the double-header can boost the stock by 35% to $24 a share because of two great shows or films, barbie alone hit a billion dollars at the global box office and water by rivers under brothers, when you go to the theaters everybody is wearing a shade of pink, it is fun to go to the movies. just about $1 billion into perspective five other films have surpassed that since the pandemic, super mario, avatar, spider-man, jurassic park, top gun and now barbie. , oppenheimer at $552 million. stuart: we will still take that. good stuff. berkshire hathaway, that stock has recovered a little bit but they made record profits.
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lauren: they did 36 billion-dollar operating profit the highest on record and there sitting on a cash pile that swelled to $147 billion. if you were looking to the premarket the stock was down because their railroad division reported lower shipments of consumer goods and price competition coming from the truckers, that is priced to sell by a quarter and geico did well but is handling fewer policies. a lot of people look at berkshire hathaway and omaha warren buffett himself as having their finger on the post of the economy and this was a mixed report card it could go either way, wall street is encouraged by the prophet but it is not all positive. stuart: wall street is encouraged to die what 250 points right from the get go on a monday morning, then going the other way the trucking company yellow has officially declared bankruptcy they winding down their operation. lauren: the official filing came coming yesterday to make payments to the workers, 30000 affected, mostly union workers
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they have 100,000 creditors in they still intend to pay back the $7 million government loan. stuart: $700 million from the government for the pandemic and they want to pay that back and they are bankrupt, that is a tough road of hope. lauren: i will point out the stock is 234 and is down 35% but the week leading up to this because we knew it was eminent the stock rose 400%, it is a penny stock but it went up big time and the leader. volatility. stuart: biontech this is a vaccine stock vaccine sales are slowing. lauren: the german partner for pfizer's covid and their loss was three times as bad as predicted. and then they came out and they cut their drug development budget there budget for the rest of the year. all an ugly report card the stock is getting punished in a market. stuart: at one time they could do no wrong. nikola electric vehicle company,
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nice game today 5% on upside but they were way down on friday. lauren: down 26%, we were talking about the fourth ceo and four years time. they report card wasn't encouraging, you have a little bit of a lift because it was bad on friday but da davidson one of the analysts is out with a note today and he says demand for nicholas hydrogen heavy duty truck is strong and full-year sales guidance which reduced in the new ceo but demand is st strong. stuart: i find it ironic the copy that did so well during the pandemic, i am talking zoom wants employees to return to the office full-time or hybrid? lauren: hybrid, only two days a week. i was really curious about this one. what is a big you have to go to the office two days a week only if you live within 50 miles of any company.
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stuart: is the company that invented the connection during pandemic. they invented remote. lauren: if any cavities can allow their workers to work remotely it should be zoom, now they have to come in remotely. they admit real interactions among human beings that work together are at times necessary and that's at least two times a week. stuart: zoom was $568. lauren: october 2020. stuart: is lost $500 a share. lauren: zoom is an adjective we were all zooming during the pandemic because the technology was great, needed and allowed us to do that but now most people have a hybrid schedule. stuart: bring me up to speed on wayfair. lauren: it's up a little bit n now. ubs raised their price target along with the by, a big
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increase they went from 72 to 110, the stock is at 83. stuart: tyson foods i don't think there's much, certainly an impact on the stock, the closing chicken plants. lauren: for additional chicken processing plants because they need to cut down on cost. the reason they need to do that were going to the food store, seen the price and buying less meat, not chicken but if you look at volume, beef sales down by the 5% advertising in the quarter, pork sales down 2%, overall they swung to a loss in they reported a 3% drop in sales to $13 billion in the quarter. >> of 3% drop in sales. tyson foods is down 9%. coming up the single neo-condemned parents for allowing their children to make life changing gender transitions. watch this. >> i feel like parents have almost forgotten what the role of a parent is. when did you become a good idea to let a 5-year-old in a sexual than a 12-year-old make a
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life-changing decision for themselves. when did that happen? i don't understand. stuart: a very articulate guy and we will get into what he has been saying. the white house changed its rules for journalist, hundreds of reported have lost the credentials to attend white house press conference, who is out and why. china and russia set worships near alaska, that triggered a forceful u.s. response. it is china getting ready for war and are we prepared to fight, retired marine colonel creatinine schembri accepted this. ♪ what if you could make analyzing a big bank's data...
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stuart: 12 minutes into the trading session, the nasdaq is up 30, the s&p up 22, a modest
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rally. we hear cheap goods from china keep flooding into america. we also hear the by data administration does not like it. grady trembled with me. what is being done to stop it? >> unfortunately not much but the president is expected to sign an executive order as early as this week related to the outbound flow of money from the u.s. to chinese companies that is according to reuters. it'll be aimed at stopping the flow of american investments in chinese companies developing technology that can bolster china's military and threaten national security. congressman mike gallagher is concerned by data administration is not doing enough. listen. >> they slow rolled key defensive action that we need to take rather tightknit upper expert controls, sanctioning key ccp officials are putting in guardrails and outbound capital flows to china so we are not
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funding our own destruction of the american money. that executive order has been forthcoming for weeks and months but i'm worried it's going get water down to the point of insignificance. >> the president is looking to stop the flow of money to china but cheap goods are flowing from china to the u.s. tariff free and it does not seemed like the president is doing much to stop that. even though imports are at a multiyear low now the decades-old the minimus role exempted near 700 million packages worth less than $800 from terrorists last year alone, the rule applies to all retailers but a recent review by the china select committee found fast fashion brands she and nt mill account for a third of all the minimus shipments into the united states. there is also potential of tiktok could use the same exemption as it looks to launch the new e-commerce business.
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in a recent letter shein advocated for our fellow footwear association members ship goods from abroad to americans consumers under the customs frameworks and at shein were eager to work with you and policymakers in congress and the administration helped reform to minimus and in fact we think of the exemption needs a complete makeover. it does appear that shein sees the writing on the wall that some of the china hawks in congress might want to overhaul the minimus and now shein wants to be a part of the process. stuart: good stuff, thank you very much indeed. china and russia conducted a joint naval operation in alaska we set for destroy is to guide the russia and chinese ships away from the waters. retired marine colonel grant newsham with me this morning. last week we had the chinese five-story, now we have challenges in our territory and
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is china preparing for war over taiwan? >> yes, they have been getting ready for the last 50 years but in earnest for the last 20 we built up a military with the hardware, the capability and they wanted to have a go with taiwan and they could give it a pretty good shot we have seen them conducting rehearsals over the last year end a half or so. getting the missiles right and getting the air and navy right and i think we'll see a landing exercise this fall after that at any time, china might think it has the ability to pull it off. stuart: are we prepared to fight that work? >> we were better prepared ten years ago. it's gotta be a much closer run thing than we audit to be we've allowed the chinese to catch up and in some areas they surpassed us. it's a fight close to the chinese mainland and we will have a hard time and we could cause them all sorts of trouble with the u.s. military and our
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top leadership deserves a lot of credit for that and a lot of chinese have caught up with us in a lot of areas and there's a question of will, the chinese might have more of it than we do. stuart: i want you to take a look at the editorial in the washington examiner. the gei threat to our military academies, the institutions which claim to prioritize duty, honor, country, excellent have become vectors for leftist ideology and they all too often emphasize diversity over honor, equity over excellence, inclusion over duty. in what way is the gei a threat to our military? >> anytime you break a military apart you tell the people in it that some of you are evil, some are better than others, some of you are going to get better treatment than others, you create resentments and you will absolutely tear it apart, the military exist for one purpose and that is to kill the enemy only to look at this is to
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consider from an enemy's perspective, what would you rather have, students at the military academy who learned one thing and that is how to fight and fight really well and to kill you or student to learn some of them are better than others and would you rather have a pilot he was the best pilot that there was or one that met certain other qualifications that had nothing to do with being a good pilot. over time this will break down the military and we sell something like a happen 50 years ago and through the 70s were the military was almost destroyed by very similar things, that was 50 years ago, few people remember it but it shows you what might be coming. stuart: we have been warned, colonel thank you for joining us, we appreciate it, thank you very much. stuart: how is chinese using artificial intelligence, for their military? lauren: this is scary a.i.
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improves the range and accuracy at a lower cost, that is lethal accuracy and they have proved this in the past the a.i. could effectively hit a human at a distance of 9.9 miles. further than they thought and also surpassing an existing large weapons that they have in service. if the implement this, no holds bar in china and a.i. i don't think the moral or ethical concerns of the use of artificial intelligence. who gets the decision-making, is it a human being or the a.i., the a.i. going toward and how do we respond to that. >> how are we going to hold back our a.i. people. lauren: that is a concern of the positivity regulations. stuart: thank you very much indeed, coming up i was up very early sunday morning i was eager to see the u.s. women's team in a vital world cup game with sweden. right from the start was embarrassment, not because of how they played, that is going
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to be my taken is coming up at the top of the hour, new york city officials blamed the biden team to not sending enough money to help with the migrant congress, kyrsten sinema livid with what the city has already getting. we have a battle over the migrant money, we will bring it to you next. ♪ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. the virus that causes shingles is sleeping... in 99% of people over 50. it's lying dormant, waiting... and could reactivate.
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stuart: arizona senator kyrsten sinema says new york city has enough money to fight the migrant crisis, madison alworth joins us from brooklyn. madison how much more money is new york city going to get? >> at this point new york city is receiving over $104 million from fema to help with this crisis and is a crisis that continues to spread i was in man entered midtown manhattan this year i met brooklyn and this is the latest site where their housing some of the migrants converting green spaces in the pool all over into housing upsetting for new yorkers considering this is a city that does not have a ton of green space or pools. new yorkers are upset that though side out of the state they are having trouble feeling bad for the city.
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kyrsten sinema said she livid new york city is getting a massive injection of federal funding to tackle the crisis while her home state and texas have been bearing the brunt of the migrant surge four years, like i said new york city 104 and fema aid and to put the amperage into perspective that is 13 days of the crisis but it is in fact the largest amount released from the department of homeland security federal shelter in services program so far, right now new york is housing 56000 migrants but let's put that into perspective, in june over 144,000 migrant encounters that is down from 200,000 ma and while all of those encounters are not released into the u.s., when they are released, some of them, the first states that they touched are the border states, new york is the sanctuary city it is frustrating that some of the migrant wind appear,
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mccarren park the lead is makeshift but the city is considering other green spaces including randall's island central park, for tet cities for migrant parents stopping the city from setting up housing on soccer fields on randall's island. these folks have to go somewhere and you look at the number at the border things might get worse i went through june and may numbers and what were hearing for july, reports indicate the migrant encounters might be up closer to the 200,000 number. when they cross the have to go somewhere and often times in sanctuary cities like here in new york. stuart: madison alworth, thank you very much indeed. a quick check of the markets, monday morning, let's see where this is going up 200 points for the dow industrial, nasdaq holding onto a 27.8. still ahead gregg jarrett on televising the trump trial. byron donalds on all the negative press from the negative media these days. marc siegel on the next fake life trend.
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and steve forbes on the democrat challenge to biden. the 10:00 o'clock hour is next. ♪
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