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band. i've heard them before. just got paid. an interesting song title, i'd say. lauren: we got paid yesterday. stuart: yeah, we did. [laughter] let's report that, a shall we in good morning, everyone. it's 10:00 eastern, and we'd better get to the money. not as bad as it was, the dow is down 70, nasdaq down 113. little bit of a comeback this morning, not much. the 10-year treasury yield, we have it well above -- no, right at, actually, 4.24% on the 10-year. the price of oil, $81 a barrel, $80 right now. bitcoin, there's the story. it's at $26,200. this time yesterday it was $29,300, so you've had a big drop overnight which we will explain later. that's the markets, now this. i don't think joe biden is electable. okay, that is a bold statement. i don't care what the polls say. if it's a biden-harris ticket next year, that they will lose.

i don't think it will get that far. almost on a daily basis, democrats hama maneuver to get him out before the end e of the year. i've never seen anything like this. podcast king joe rogan thinks democrats are leaking the bad news on hunter, democrats doing this, because they see it as a way to get his dad out of to -- the oval office. >> i would say all the stuff coming out slowly but surely about biden is on purpose. they want to get rid of him. i think he wants to run again, and i don't think the democrats think he can win. i think they're right x i think they're going to slowly but surely expose more of these, like, very clear pieces of evidence of corruption. stuart: sounds a bit like a conspiracy theory to me, but rogan has 12 million listeners every day. a minnesota democrats dean phillips, has launched a public campaign asking the president, hey, step aside. democrats are unwilling to face the truth; that is, biden can't

win. the los angeles times float ifs the idea of getting kamala harris off the ticket by moving her to the senate seat now occupied by the ailing dianne feinstein. that is a long shot. but it speaks volumes about the desperation the democrats feel to change the ticket. and it is desperation. the president's cognitive decline seems to be speeding up, and ask we can all see it. he takes long vacations, calls an early lid very frequently and sometimes just doesn't seem to be there. and look at this. more than half believe his signature bidenomics has made things worse. the democrats are anxious because the biden-harris ticket has loser written all over it. there's none so anxious as a political party heading for defeat. think of it this way, how many voters will go for a candidate already struggling mentally and physically? keeping him in the white house until he's 86 with a vice president who has an even lower approval rating. it's not going to happen. the biden-harris ticket is not

electable, and the democrats know it. second hour of "varney" is just getting started. ♪ ♪ stuart: friday morning, that means tammy bruce is with us. this effort by the democrats to push biden aside, it's gaining steam. i hear more and more about a it every day. >> yes. and i think that there's something to rogan's comments, because keep in mind all of in that biden has been involved in, all the bidens, has been known by various people and has been successfully kept quiet, right in the media's not moved on it, nobody's been talking about -- the republicans certainly haven't. so for this to be coming out now seems to be a choice. and certainly i don't think the republicans, you know, they're still gazing at their naval trying to figure out -- navel, trying to figure out what to do about trump the, they haven't looked at. stopping biden's destructive policies. my column today looks at the

lack of empathy, right? that this is not just or circumstantial, this is a core kind of hole in someone's soul. when a tragedy like the maui wildfire -- can't even call can it a wildfire at this point, but you don't even know what to say or you have no comment, that's not normal, and it's not because of dementia or mental cognition issues or -- it's a choice. and we've seen it throughout his decisions. that is what disturbs independents, it does disturb democrats. so it really is about the nature of corruption, but are our lives better and to do the people running this country actually like us or not. stuart: good question. what's the mechanism by which democrats or anybody could get him out? >> well, they could pressure him. obviously, the system itself, he's got a core of people that want to stay in power, they like running the white house, so they're maybe not interested in having this change. but -- and they believe because of their trump derange arement syndrome that, you know,

anything, anybody could beat trump. that's why what they're thing, they're -- thinking the, they're underestimating him9 and the american people because we're not out rioting, but they must understand that we see what's going on. you see it in the polls. the democrats don't want him to run again. but when it comes to everyone they're as an example -- empathy, you don't care what other people are thinking. the impact of your policies on people whether it's in afghanistan, our troops, people with inflation, food inflation or the maui devastation, it just doesn't matter. so that's joe biden's problem. other people have to prevail, and the party has to come together and say we are rejecting you. you must step away, and if you do not, we will launch a campaign directly to move someone else ahead of you. so that's what they've got to do, because he's not going to do it willingly, because he doesn't care about the country. he cares about himself, his personal life indicates that with his alleged corruption and, of course of course, the way

he's treated this country in the last two and a half years also is an indication of that. stuart: politics are just fascinating, isn't it? >> how is it the worst -- can. stuart: politics today, nateing. >> how is it that the worst people have the power and are rubbing our faces in it? we can fix that. stuart: okay. >> i have no clue. [laughter] stuart: the taciturn tammy bruce. not quite. >> good word. stuart: i just invented it. >> it is a great word. stuart: donald trump looking to delay his trial into the alleged election interference. that's the d.c -- lauren: the jack smith january 6th case. until april of 2026. but, yeah -- stuart: that's a long way off. lauren: exactly. i'll explain. more than two years after the government is requesting it, january 2nd of 2024, and this is why: trump's team says, well, they had two years to prepare, so so we need two years to prepare if. stuart: oh, okay.

lauren: that's why you get an extra two years. stuart: it's a logical request. lauren: it's all a mess. stuart: let's get to the markets, shall we? at this moment the markets are heading south, pretty much across the board we've got red ink. but let me introduce you to a market watcher, mark avalon, you've seen him before, and i believe mark thinks we're going to get a a santa claus rally. that would be new highs for the market before with christmas. is that what you're saying? >> that's what i'm saying, stuart. i think we're in a period of pain, but i think the markets are going to recover, and i think we go through this period of volatility and we look out past what is historically a weak part of the market, august, september, october, the worst three-month stretch, and then we go into year end, and i think it's game on and stocks will recover. stuart: what about big tech? they've had a dreadful pullback pretty much across the board. are you looking for a really solid rebound? >> yes, we are, and i like the

pullback for people who haven't been in names like apple and meta which have taken the brunt of it. some names have held up relatively well, alphabet-google held up, but it also didn't run up as much. so what we think is happening is a repricing of some valuations which got a little out of hand. it was an unabated run-up in june and july, and the market is looking at these high valuations against higher interest rates and pulling back. and better prices present better opportunities for investors. the underlying economy is still strong, and that's why we think after this rocky period things might get a little better. stuart: you're asking for a big lift though, aren't you? because it doesn't look like interest rates are going to just stop where they are. they could go a little higher. i keep hearing people saying we're doing to get 8% mortgagings. that's a big problem for stocks, isn't it? >> yes. is and you raise a great point because i think during that

june-july run-up that we had in stocks, we were not of watching what was happening at ups, labor unions, united pilots, american airline pilots, what uaw unions are saying. wage pressure, wage inflation is real. they have a cheerleader in the white house who just thinks that more union wages are, have no net negative on the economy, but they do because then other workers are going to see those wage gains, want the same, and it's going to counteract what the fed's trying to do which is tame flakes. ask that's, that is the risk, is that wage costs push inflation late 1970s, really '80s styles, stops the fed from raising rates, and that would be the headwind i would look at. other than that, i think the underlying economy is strong enough to withstand some of this interim noise. stuart: well, mark, i'm glad you're on the show today because we've got a lot of selling, and you're looking for a santa claus rally. a nice part of the program for a day like this. mark, we'll see you again soon,

i hope. thank you very much. lauren's looking at some movers, and we've got marathon digital. lauren: crypto prices are falling today and so are related stockses because bitcoin prices are cropping after the report -- dropping after the report that elon musk's spacex sold its bitcoin stake, marathon is down 6.6%. stuart: do i see beza homes up there? lauren: they're also down 6%. web bush has cut them to neutral. they keep their price target at 32. they see a lack of catalysts. there's no supply on the market. i think that would be a catalyst for the if home builders, but home stock is up almost 140 #% this year -- stuart: that says a lot. far fetch, i think i know them -- lauren: don't look at the prompter. stuart. stuart: i think they're an online luxury goods seller.

lauren: the stock is down 37%, really gloomy annual sales outlook. it said retailers -- this is actually bad for the back half of the year, for the fall season and for christmas -- they're cutting their wholesale orders. i think just don't see demand. they have all of this inventory left over the from spring and summer, so you'll see good deals and not much inevent story for the new stuff -- inventory for the new stuff, for the new season. stuart: that's the stock market. let's take a quick look at bitcoin. it fell 9% after elon musk's spacex company sold or revalued its crypto stake. is bitcoin headed for a freefall? good question, we're on it. lawmakers call on the ftc chair to investigate youtube and its parent company google. a report revealed it's tracking and collecting children's data. grady trimble has that story. a republican state senator from georgia wants to impeach the fulton county district attorney. he says fani willis is carrying

out a political agenda against trump. are anything come of that? texas congressman lance gooden takes it on next. ♪ feeling mean -- ♪ no more mr. nice guy. ♪ no more mr. clean. ♪ no more mr. nice guy ♪

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stuart: on the markets this morning, there's still somed red ink, but it's not as bad as it was. dow's down 1000 to, s&p down 25. 100 #. we are less than a week from the first republican debate and, of course, it is on fox news. congressman lance gooden, republican from texas, joins me now. congressman, i can't see how mre

sidelines and watch others debate republican policy. i think he's, he's got an itch to get into it. would you urge him to get into the debate? >> i would urge him to do whatever he feels like he wants to do. [laughter] obviously, you're going to say that because you work for fox news, and that's where this debate -- stuart: no, no, no, i want to hear from him. >> sure. stuart: i find him brilliantly entertaining, this guy. >> it will be entertaining, but from a strategic standpoint, i don't think the other members of that debate stage have, frankly, earned the right to stand next to him and debate him. the american people know what donald trump stands for, they know his leadership style, frankly, they know his debate style. they know what he's all about. they're either for him or they're not at this point, and according to the polls, they're very much for him. he's leading by over 50% in every poll. it seems like a waste of a night, but if he wants to do it, i think he should do it. i'm not going to say is he needs to do it, because he certainly

doesn't. stuart: do you think mr. trump is gaining ground with all these indictments in the latest poll that i saw showed him slipping a little. what say you? >> i do think he's gaining ground. i do think his supporters, by constituents, myself, members of congress that are behind him, we see right through this. i think the american people are disgusted with the way the justice system has been weaponized not only against him, but every american in the conservative movement but especially donald trump. he's really become the poster child for the weaponization of this government by this administration. and with respect to that debate next week, i've also heard that he may be planning some alternative programming. it wouldn't surprise me a bit. i'm certain that whatever he decides, it will be in the best interests of his polling numbers which are continuing to climb. stuart: earlier on the show a republican state senator from georgia said he wants to investigate the fulton county district attorney. he joined the program earlier. roll tape, let's hear what he

said. >> we have a district attorney who is using taxpayer funds to make political prisoners, and and donald trump and these 18 others, they were simply using their first amendment right to question the integrity of the election. some of these charges have nothinged to do with nothing more than a tweet. it's absolutely ridiculous. that's why i'm calling this special session, because we have to take action now. let's have this investigation, and and when the corruption is shown, it's time to impeach her. stuart: state senator colton moore who says that fani willis is conducting a politically motivated campaign against trump. she's the one that wants to put him on trial in georgia. do you agree with that in. >> absolutely. i applaud him. i think he's doing a great job. i wish the governor would jump onboard and join him. we see that when republicans, especially conservatives, step up and question anything with respect to an election, they're called traitors, they're investigated.

in the case of donald trump, they're indicted. i filed a lawsuit against dallas county after the last election because they wouldn't let my poll watchers in the room, and they were misusing some of the covid regulations. they broke the law. should i be locked up because i challenged the way an election was handled? that's the message that these indictments and these prosecutions are s&p sending, and what -- are sending, and what that state senator in georgia is doing is great. i think we in congress will be looking into some of these judges and some of the prosecutions that we're seeing at the federal level. i know you'll see the that on our house judiciary committee hearings this fall. we do not intend to just sit idly by while this government is weaponized against donald trump, and i really look forward to him getting back to the white house so we can stop this once and for all. stuart: match lance good, i believe you're one of the earliest trump supporters, way back when. thanks for being on the show. >> take care. stuart: yes, sir, thank you. some members of congress are are demanding the ftc, federal trade commission, investigate youtube and google.

they want answers after a report showed youtube has been tracking and targeting children online. grady trimble with me. take me through the latest on this, please, grady. >> reporter: stu, this is a bipartisan push. republican senator marsha blackburn, democrat senator ed markey are calling for this ftc probe into youtube and its parent company, google. it comes after a report from "the new york times"es and the firm analytics identified more than 39000 brands for -- 300 brands for ads for adult products like cars on nearly 100 youtube have videos for kids. it also found youtube ads on children's channels that contained violent content, things likic motions, sniper rifles and car crashes. the time says some ads on children's channels took users who weren't logged in to withdrew talking about to bran web sites that then placed cookies or trackers on their browsers. in their letter to the ftc, senators blackburn and

markeverything y say youtube anding google cannot continue treating young people's day as an unprotected commodity from which to profit without abandon. congress must also pass legislation to protect young people's privacy online and finally ban 25rg9ed advertising to kids and teens. youtube and it parent company have been fined before back in 202199 -- 2019 to settle accusations they illegal wily collected kids' personal info, but the company is strongly refuting this latest report calling it deeply flawed and misleading. google goes on to say personalized advertising has never been allowed on youtube kids, and in january 2020 we expanded this to anyone watching made for kids content on youtube regardless of their age. the report makes completely false claims and draws uninformed conclusion based solely on the presence of cookies which are widely used in these contexts for the purposes

of fraud detection and frequency tapping, both of which are permitted under the children's online privacy protection act. as for the ftc and whether it will actually investigate this, they're not telling us, stu. they say they've received this letter from the lawmakers, but they don't comment on the investigations they conduct. stu? stuart: why am i not surprised? grady trimble right there in washington, thanks so much, grady. we told you how students suffered severe learning loss from school shutdowns during the can pandemic. now many schools are threatening to hold back third graders who can't readful lydia hu has that story in our next hour. a nonprofit group going after the governor of washington state. they want to stop him from enforcing a law that allows minors to get gender reassessment surgeries without their parents' permission. the president of that nonprofit, america first legal, is none other than stephen miller, former top adviser to president trump.

he joins us next. ♪ ♪ stop right now, thank you very much. ♪ i need somebody with a human touch ♪ [clock alarm] ♪ morning. ♪ ♪ life after student debt is within reach. refi at sofi.com. you could save thousands and get to your goals faster. sofi. get your money right. providing for your family is a top priority. but what happens when you need affordable health care?

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stuart: with justs one hour into the trading session, still quite a lot of red ink. dow's down 100, nasdaq's down 125. one significant loser this morning is invidia. i believe it's down, what, 2-3% right now? lauren: 3.2%. officially in correction, right? down 0% from a recent high -- 10%. the stock is up 200% this year. they're a bellwether in technology, and they rt report their latest results on wednesday. unfortunately, with the gain that they've had, they're is so buzzy, all about a.i., a lot of the good news might already be priced in in a softening market. stuart: you would care if you'd bought it last week at 440. lauren: some people say it's going to 500. microsoft is down because big tech players, those huge technology names that have run up recently are coming down a bit. stuart: all of them. they're all down, way down.

lauren: some of them in correction. stuart: bloomen brands? lauren: an activist investor has built a 5 plus percent stake in the owner of outback steakhouse, and are they going to push for changes, financial improvements or make them a takeover target? stuart: they've got some ideas. i'm going to change the subject entirely because -- about this: chess is barring transgender women from competing in certain events. sort this i out, please. chess? lauren: the international chess foundation is out with two new guidelines. number one -- this is for its women's event. this is women versus women. trans women cannot compete against biological women. so the biological man cannot compete against the woman. and, number two, trans men, women who have been men, must give up their women's titles. i know, your head is spinning. chess is a game of thinking, so

you're saying, well, why do you care the gender of a competitor? stuart: right. why? what's that got -- lauren: is world chess saying men are smarter than women? stuart: i don't understand the ruling. why a trans athlete -- they're not an athlete. lauren: they wanted to build up -- well, yeah, but i agree, but there's a mental capacity in all sports. no, i hear you. i don't know why they're -- maybe they want to build up the women's presence, that's why they have those women's divisions and they don't want biological men in them? i don't know. stuart: let's see if the great stephen miller knows. stephen goes way back, i've known him for some time as a principal adviser to donald trump, and he's actually joining us now. all right, steven the, since when does gender choice affect the game of chess? >> well, first as a fundamental principle, i would support any league, any club, any social organization, any student body group, any professional

association whatsoever that's saying this is a women's space and this is a women's-only space, this is a men's space and this is a men's-only space. this has been an organizing principle of society for thousands of years. if a female competitor joins a female league to have competition and camaraderie with other females, she shouldn't have to sit across from a guy with a beard and with an obvious male appearance in a wig and wearing lip tick if they don't want to do it -- lipstick. it's a fundamental decency issue that's wrong. there has been a lot of studies over the years, and i didn't do the preparation for this interview about different kinds of bell curves related to chess versus other pursuits, versus math or science, and i'm not going to present the findings of those studies with you here today because i have not earninged that. but at a multi-- researched that, but at a fundamental level, if women want to have women's-only space, they ought to have the it.

i think that is a fundamental organizing principle of society that i fully support. stuart: thank you very much for getting into it, stephen, because i know i threw it at you. a fine response, mr. miller. now, let's get to your nonprofit group, america first legal. you filed suit against the governor of washington state. you want to stop the state from enforcing a law that a allows minors to get reassessment surgeries -- reassignment surgeries without their parents' permission. stephen, i can't believing anybody would support that. >> it's a really terrifying law, it's really horrifying, and i'm really proud of the plaintiffs and the parents in in this case who stood up to stand for the basic idea that parents control the safety and well-being and health of their children. this is truly authoritarian. to be specific for your audience, the way this work in the current law is as follows: if a minor wants to get a sex change operation, so say have their breasts removed or their

female take testosterone or engage in other irreversible medical procedures and they want to leave their home without the parents' consent to do that, the state will hide the child in a shelter without notifying the parents of the location can or or whereabouts of that child so that they can receive these sex change drugs and sex change surgeries. literally kidnapping children from their parents. stuart: that is extraordinary, and that is absolutely extraordinary. glad to hear you're going after it. one more for you, please, steven. larryly kudlow sat down with donald trump, and trump said america is in decline. watch this, please. >> we don't have a great country, we have a country that's a laughingstock around the world. we have a president who who can't properly represent us. he goes to meetings in foreign countries, and he makes a fool out of himself. a fool. and i can just imagine president, and i, all of these -- xi, all of these

leaders that i've gotten to know so well, macron, they're laughing at this whole situation. nobody can believe it. and this is what we have, and we're stuck with it. stuart: stephen the, that was vintage trump, and i'd love to see him see that kind of thing at the debate next week. can you entice him to get in? [laughter] >> i would just say if i was the candidate, speaking for myself, who was ahead 50 points in the polls and also on a more somber note i had to deal with four different indictments that collectively would put me in jail for a thousand years, i would let the second and third-tier candidates debate amongst themselves. that would be my decision in that situation as well too. i understand, of course, why all of america is thrilled at the prospect of donald trump on the debate stage the, but that is a decision i would make in that situation, so i certainly understand why he would make the same decision in that situation. let me just say, for those who want to read more, go to af legal.org, and you can see how we're fighting for parents' rights in the state of washington.

stuart: good to hair it. stephen miller, do not be a stranger. >> thank you. i will always come on when asked. thank you so much is. stuart: very good. appreciate it. next case, 16 youngsters sued the state of montana alleging they'd been harmed by climate change. they won. some legal experts say the ruling will not stand. roll tape. >> this case is a good example of when activist lit are gants find an activist judge, though she really used kind of a broad term in the constitution to justify a ruling that's very far-reaching and really something more the legislature should have been responsible for. stuart: campus reform's nicholas giordano will deal with the crusade later in the show. maui's emergency management chief quits after facing kit schism for not activating emergency sirens. some residents saying they received no warnings as the wildfire swept through the island. what the government's doing there now, next.

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stuart: maui's emergency management chief e is out, he resigned. he was criticized for not activating public alert sirens when the fire start. robert ray live in maui. robert, the latest, please. ♪ >> yeah, stuart, good morning to you from the island of maui. indeed, he resigned yesterday stating health reasons, of all things as, yes, he took that can criticism because the sirens did not go off. and, you know, a lot of people on the ground, residents who have lost loved ones, people that are still alive, are wondering why that town, historic town of 12,000 people, no one got any warning, and 111 # people are now dead with the numbers continuing to rise.

as a matter of fact, i was told by a federal official last night that they think as they continue to go through these streets that they will find more human remains. in the interim, let's listen to two days ago when that emergency director was defending himself as to why he never alerted those sirens. >> the sirens, as i mentioned earlier, is used primarily for tsunamis. the public is trained to seek higher ground in the event that the sirens sounded. had we sounded the siren that night, we were afraid that people would have gone -- and if that was the case, they would have gone into the fire. >> reporter: in hawaiian, it means up the hill, and that was part of his reasoning for not alerting those sounds is. well, here's the thing, many people on -- in that town, the historic town of lahaina, were jumping into the pacific ocean as we know, waiting in the waters for six, seven hours inhaling the smoke as the flames

moved through the area. people died in vehicles, in homes, and now the attorney general for the state of hawaii, she has put out an independent information as to how the response or lack thereof all went down. meantime, ngos, stuart, on the ground trying to help people. red cross here, but people, residents still with many questions they want answers, and they don't want land grabs this their historic town. the governor trying to stop that from real estate developers coming in while the remains of humans still being searched for. president biden, stuart, will be here on monday. stuart: god it. robert ray, thank you very much, indeed. now, president biden, well, he actually -- he kind of dodged questions with about his upcoming trip to hawaii. watch this. >> reporter: can you tell us about your hawaii trip, sir? >> no, not now. i'll be there on monday. stuart: okay, then he just turns around and and walks away. a maui residents joins me now.

or where are you getting help? from the government or from private volunteers? >> as it currently stands, the only help that i've seen anyone get is from our community. from each other. our community has shown up in the most beautiful way you can imagine. i don't know if any other town would be doing this as strong as we are here in lahaina, but we're all family. and that's the only help i've seen. stuart: can you tell us what happened the night of the fire? where were you, what happened? just take us through it, would you? >> so i live in lahaina, but i live up -- [laughter] just as they just said. i live up the hill. so so, sadly, i woke up -- there was no power starting from 5 a.m. for us that day, so there

was really, really strong winds and terrible phone reception. i actually wasn't feeling really well, so i had taken a nap, and when i woke up at about i 4:40, i looked outside and saw how bad the fire was. you could see this huge, huge cloud of smoke, and i knew it was bad. i had a really good vantage point from my house, and my parents live, like, in the heart of lahaina. so i tried really hard to get ahold of them, and i actually felt terrible because the last thing id had said to them earlier in the day was, like, don't worry, you know, you don't have to rush out of your house. and then i couldn't get ahold of them, so -- stuart: wre jane -- bre jane, are your parents okay. >> >> yeah, my parents are okay. i didn't know for 20 hours, which was pretty painful -- stuart: that's tough. >> they're safe. stuart: i have to ask you this question, would you be okay with developers coming in to buy the

scorch land? would you be okay with that? >> absolutely not. [laughter] no one's going to be okay with that. these are multigenerational homes. these have been in native hawaiians' families for over a hundred years. we need to have a a halt on land grabs, because our community will never be the same if they allow that to happen. stuart: okay. bre jane, i want to thank you very much for coming on the show. we're very glad to hear that your parents are okay. please send them do our wishes. of hope to see you again, thank you very much. let's have a look at hawaiian electric. they've been facing a lot of scrutiny after the wildfires. the stock, though, is way up today. hook at that, it's up 9%. why in. lauren: the company says we do not plan to restructure. there was a report from the journal that they were talking to restructuring experts, they say that's not true. they're seeking advice on scenario planning but no

restructuring. so that takes bankruptcy off the table, and is you're getting a little bit of a reprove because the stock is actually down 70% this month. and think of all the class action lawsuits that they face. their accused that their power lines spreading and causing the wildfires. stuart: it's exactly the psalm as pacific gas and electric in california following the wouldfires there. did i interrupt you? lauren: not at all. stu start coming up, send us your friday feedback. e-mail your questions, comments, whatever, varneyviewersfox.com. after months of falling sales, the heir to the anheuser-busch fortune offers to buy with back bud light. billy busch will tell us how he plans to make the beer great again. that's next. ♪ ♪ long-neck, ice cold beer never broke my heart. ♪ like diamond rings and football teams have torn this boy apart ♪

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and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up to me all the time and ask me, "does it really work?" and all i have to say is, "here i am. it works." my advice for everyone is to go with golo. it will release your fat and it will release you. stuart: the heir to the anheuser-busch dynasty, and fortune perhaps, is now offering to buy back bud light.

watch this. >> i urge that company, inbev, if they don't want that brand any longer, sell it back to the busch family, sell it to me. i'll be the first in line to buy that brand back from you, and we'll make that brand great again. stuart: well, we are delighted to have billy busch with us right now, author of the book "family reins," and here he is. billy, is this a serious offer? >> it's absolutely a serious offer. and thanks for having me on. you know, i just wrote the book, and in it i talk about how my family worked so so hard and dedicated so much to build this company over decades, it's great american history, and, you know, my family worked really, really hard can to see this iconic brand now going in the direction it's going, it's really a sad day. stuart: how much are you offering? >> i haven't made any offer at this point, but i'm sure that it's probably worth at this point pennies on the dollar.

i don't see inbev making money if on it right now, it's probably costing them money so, you know, maybe they'd really be able to give me a great price to buy it from 'em. [laughter] stuart: okay. tell me again, if you were to buy it back at whatever price, if you got it back, how do you get people to start drinking it again? >> you know, i think i'd go back to the old way of how my family advertised the brand, and that is bringing it back to the values that it was built on. and those values were strength, they were pride, quality, honor, what country's basically based on. and it was also built on fun and enjoyment and bringing people together. and it was never built on putting -- pushing a political agenda down your throat. and, of course, you know, the transgender culture is, unfortunately, a a very political issue today, and, you know, my family knew to stay out of that arena because they

didn't want to alienate anyone. stuart: have you spoken to any investment bankers about getting the money together and putting down a serious offer, or is this just talk? billy? >> honestly, i have, i have been this contact with a few investment banking companies, and they have talked to me, and they've told me that if i needed help with investors, bringing on investors and coming up with the proceeds in order to purchase those brands, the bud family brands, be right there in line to help me. stuart: when you say the bud family brands, that's bud light and, what else? all -- >> it would be, of course, what by family started with. my great grandfather, and it's in the book, how he started budweiser back in 1876 and how he made it a household american name. and it would be that brand, it would be the bud light brand and all the other brands that have budweiser on it. stuart: it wouldn't come cheap, because that's a big deal.

billy, thanks very much for being with us. if you make any progress in buying back the brand, we want to hear about it. thank you, billy busch. bud light just renewed its sponsorship of a team for the 2023 nfl season? larp. lauren: the washington commanders, the team that changed their name in 2020 from the redskins. critics are slamming it. one person said woke team goes with woke beer, or is it the opposite? two companies affected by wokeness coming together. stuart: look at this, a new study found young adults -- i class you in that category -- drinking less alcohol. did it say why? lauren: it's a gallup poll. they didn't say why, but we're going to infer marijuana. a record high number of people, 39, i think pod rate -- 39%, think moderate drinking, 1-2 glasses a a day is unhealthy. i don't know, a glass a wine --

of wine a dayment isn't healthy? anyway. they also think booze is more harmful than marijuana. 30% say alcohol is very harmful, 23% say the same for marijuana. i think that's true. people -- it's no big deal these days to smoke marijuana. stuart: it's not? lauren: have you walked into the street -- down the streets of manhattan or been in a high school bathroom? stuart: is it that bad? lauren: the younger e generation is unaffected by it. they think it's not a big deal. they think tobacco is -- stuart: you're like kenny polcari speaking with your hands. still ahead, sean duffy on bitcoin taking a big hit overnight, nicholas giordano on blue states mandating climate change curriculums for very young children, and retired navy seal chris irvin on dwindling support for ukraine aid. the 11:00 hour is next. ♪ ♪

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>> that is joe biden's problem other people have to prevail people have to come together and say we are rejecting pre-he's not going to