tv Varney Company FOX Business August 29, 2023 11:00am-12:00pm EDT
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will be a make ore break and we're looking at stocks. >> the economy will be tough and make people grim on to the jobs more than they are now. you're going to start going back every day not because you have this luxury but because you want to make sure you see them working hard and if you're not and your economy or company goes down, you'll be the first to go. >> everything about the investigations into trump has been politically motivated while the investigation going into president biden, they're calling we need to stop these investigations. it's all about stopping donald trump running for president again. >> biden's incompetence broken through to the casual observer. i don't know what they can do to sideline him. they cannot take kamala harris. they're strapped with joe biden. lauren: it's your guy. stuart: oh, flo rider. i'll never mispronounce that
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again. >> morning, everybody. it's tuesday, august 29th at 11:00 eastern time. big tech doing very well, thank you. the dow is up 79 and s&p up 32. let's have a look at big tech. if the nasdaq is up 1.25%, i would expect solid gains on the tech market and we got them. alphabet over 3.2% and special deal coming out about ai and the cloud. lauren: the new ai technology conference. stuart: just over 3% there and apple at 182 and meta up just under 1% and amazon is up about 0.8%. show me 10-year treasury and that yield is heading down, it's at 4.16%. thanksgiving the market tuesday morning, now this. it's reached the point where the president's age and infirmity cannot be
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swept under the rug. cannot be ignored any longer because people from all parties say biden is just too old. look at this. 77% of old adults and 69% of democrats and 74% of every time the president shows his age, voters take note. stumbles are getting more frequent and absences more lengthy and numbers get worse. voters are rately concerned and need a robust and rightly president on the world stage and that's not the president we have and not the president we can have with biden and his decline is speeding up. no matter how many vacations he takes. you can't reverse this. all the time there's the nagging fear of a kamala harris presidency. something has to give. does anyone believe that joe biden can hold down the oval office for another six years? candidate nikki haley voiced her
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concern of biden's age and harris presidency. she said a vote for biden is a vote for president harris. she's rising in the polls and the democrats are quietly desperate to change the ticket. third hour of varney starts right now. stuart: jason, voters are worried about bind's age and how long can they pre-tent it's not an issue? >> i don't know if they can continue to pretend. there's not a single adult who's watching right now and hasn't had some experience with an elderly family member who you know is losing their faculties and you feel really bad. they forget where they are and lose their train of thought and fall and trip. that describes literally every biden speech. i think most of us understand why he struggles, it's hard to run a country when you need four naps before you eat dinner at 3:00 in the afternoon and get to
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bed at 4:15. when you're as old as the very institution you're in charge of, you expect to act your age and it's okay because we all age. at the end of the day, i threw out my back from the sneeze the other month. i'm 41er >>s old, but the problem is for him, i can't start a war, i can't take the economy -- tank the economy and he can. being a president is a tough job. it anyones individuals that start out relatively young. stuart: how do you move the president aside without evening up with a president kamala harris? that's a difficult thing for the democrats to do, but i think they want to do it. >> i think they want to do it as well because they're still betting on the fact that they're going to throw trump in jail or at least harm him enough where people say, okay, let's give kamala a try because i don't want a felon in the office. i don't know anyone in their right mind that goes back and looks at where they were under trump and compares to the incompetence of this administration and says i'm
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going to give kamala harris a try. the only person who is less popular and less competent than joe biden is kamala harris. at this point, you have gavin newsom that's waiting in the wings hoping something happens, because we knows they're not going to end up going with joe biden and if kamala harris is the only option, they might as well give it to trump now. you're going to start seeing some of the back stabbing within the democrat party happen, and i'll be honest i'm here to watch that. stuart: okay. all right. i'm sure you saw this, climate protesters in nevada created a miles, plural, miles long traffic jam. they blocked the only road leading to the burning manifest value. police were able is and broke through the line and arrested protesters. jason, i was cheering on the police. how about you? >> everyone was cheering on the police. i never knew my spirit animal was going to be a silverado because what they decided to do was something every single person has been begging to
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happen because usually we've seen police, particularly in europe where this is happening a lot but also in dc. they sort of just stand back and let them do what they want to do and they slowly and unaggressively approach this. no, sorry, when you're dealing with tribal rangers, they don't take no for animals. you're getting out of the road and they did the right thing. i just wish they would do more of this. i hope everyone watches this video particularly of the one activist that's screaming we're nonviolent. we're nonviolent. doesn't matter that you're nonviolent. can't get in the middle of the road and they're narcissists. stuart: i like the way you think. jason rantz on the show and coming back soon. to the markets, green is there and dow is up 100 and nasdaq up 180 points and big tech doing well. murphy as in mike is here for the full hour. don't tell me this market is still all about the federal reserve. we>> well, the fed will move the market one way or another and
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saw that on friday and if that cops in too hot, the market will sell off again and that gets the win us to this point and the fed, re-rallied and the market felt like the fed was at or near the finish. if it turns out that finish line is extended, the market won't like that. that will cause -- will be the cause for a temporary selloff in the market. however, however, it's 3, 5, 7, maybe 10% we saw. 5% pullback so i think now the market has learned to deal with interest rates where they currently are, and this fair going to go up another -- if they're going to up another 25 or 30, that's fine too. it's about the markets moving on a dead today basis and -- day-to-day basis and long term and close to the end of the fed hiking psychoand will we'll get past it. cycle. stuart: it says on my prompter that you, that's you, something could buy disney. >> we've talked a lot about disney here. since they became so woke, the
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shareholders have spoken and they don't like what's going on. people don't like d aren't going to the parks as much as they used to and numbers have come way down. stock down in the low 80s and rallying a bit today. 85, 86 range and puts the market cap around $150 billion more disney. $150 billion. there's companies lake netflix, which is now almost $200 billion, much larger than disney and companies like apple, where a $200 billion acquisition would be nothing to them. it's lunch money for apple. other companies like amazon and anyone else in the streaming space or anyone who wants what -- once was the top franchises globally, you get it for a steal right now. stuart: is this your idea or heard it on wall street or contacts? >> it's been talked about a lot. there's been analysts just a week or soing a from one company came out and spoke about the ability of apple and disney acquisition. there's a lot of tie ins with apple and disney. you know, it could be out there
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but i think the lower disney goes stock price, the more lakely someone comes in and sees as an attractive takeover target. stuart: is ipo market maybing a comeback and getting to open and too many companies going public and some shouldn't and we've seen it close. this cycle repeats and wall street maybe tends to get a little greedy when the market accepts a new issue and more and more companies come to the market and bankers make a lot more money. we've seen that window has been absolutely shut and no ipos and so-to-speak the last 10-12 month asks that's opening up a bit. you're seeing instacart announce and arm announce. there's big name ipos coming, which typically it starts as one and two and then a flood of ipos coming to the market, which is good for the capital markets,
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it's good for activity that will lead to and good for bankers and banker fees and good for people that own private companies that will be coming to the market like yours truly. i think it's good across the board to have the -- stuart: good for people with private companies like me. you're going -- you're doing an ipo for your company? >> no, we invest in private companies so as these companies do really well, you'll be the first to know if and when that happens. no, i'm talk about companies we invest in that are doing well and now want to tap the public markets. really hasn't been an option over the past year, but i think that will be an option for a lot of well-run companies very soon. stuart: that's a good sign. lauren looking at cryptos, what do you have? lauren: well, well, well, bitcoin volume at 4-year low and we have a catalyst. a court rule that had sec was wrong to reject -- scc wrong to reject the application from gray scale. the first bitcoin etf could be
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coming very, very soon and bitcoin prices are up by 6% today. it's very likely that blackrock that has application and others have application it's approved too. >> people watching at home, as an investor and investor with a long-term horizon, you don't need to hit a home run. bitcoin may go to 100,000 or 200,000, or it may not. i don't know. the idea that you have to own bitcoin, if you believe that, i think it's tough to back up. lauren: say you own some of the bitcoin plays like marathon, it's up 24% right now. riot platforms is up 17% right now. there's money to be made in bitcoin-related investments like the ones on the screen. stuart: whether it be made over the long term is another story entirely. i'm moving on from cryptos. i want to know about archer aviation because they're the
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flying taxi people. lauren: the stock is up 7% and cathy wood bought a $3.8 million worth of shares. earlier this month, the stock is up 240% this year. they received faa approval to start testing commercial flights. in the next two years, guys, we'll be taking a flying electric taxi to la guardia. stuart: how many year s? lauren: by 2025 they want this in use in the market. >> i'll go in if stuart goes in. stuart: you'll buy one and i'll fly on it. next case, difficult story into us. house majority leader steve scalise says he was diagnosed with a form of blood cancer called multiple myeloma and he's begun treatment and will continue for the next several months and he intends to work through this period. we wish him our best. we've been telling you about the flesh eating tranq drugs taking
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over homeless cams in california. now it's spreading to new york. the migrant crisis is out of control in new york state. the biden administration is blaming new york city and new york stated. can you believe that. new york congresswoman claude yay ya tenny ache -- claudia tenny takes it on ask she's next. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪
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mayor, city, and governor for this. that's the blame game. >> yeah, it's been a back and forth after receiving a lot of criticism including from governor hochul in the past week and the biden administration is fighting back. a team from the department of homeland security recently evaluated new york city's migrant response and found dhs statement reading "the team has provided recommendations for improvement including data collection, case management and ibram creased communication with migrants on work authorizations". about 400 people protested on staten island yesterday. they're upset about migrants being housed at old catholic school there. one of the protesters tells "fox & friends" this morning they're not against immigrants like some people think. >> it's ground s zero for the whole illegal immigration insanity. it's illegal immigrants. remember the keyword is illegal. if i hear one more time that we are anti-early intervention
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program grant protesters, i'm gone -- anti-immigrant protesters, i'm going to lose my mind. it's not about that . >> stuart, 124 new york business city administrations are putting pressure on the biden administration. the group called on more federal funding saying border security is clearly a federal responsibility. dhs maintains new york is receiving $140 million in aid this fiscal year. this all comes after a violent protest outside gracie mansion on sunday and nypd arrested six people after fights broke out after about the city's handling of the crisis and they called on mayor adams to handle his home. they're operating over 200 emergency migrant shelters and right now over 59,000 migrants are currently in new york city's care, stuart. stuart: what a mess. thank you, nate foy. >> you got it. stuart: congresswoman claudia tenny, republican from new york with me here in studio. congresswoman, you sent a letter to secretary mayorkas saying we
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want answers to the migrant crisis. have you got a response? >> no, who are the people. are they being vetted and the governor abbott in texas gets blamed for this and the truth is the federal government is flying these people in. when i was at the border in el paso, all these migrants, especially children, were all in the airport but now we're seeing adults being flown in, students are being forced to wait because we have to evict the migrants in the up state dorm rooms and by the way, secretary mayorkas' drawdaughter going to school inp state new york but luckily it's a private school and doesn't have to wait to get in her dorm room. this is the kind of absurdity. this clip you shows, we're not anti-immigrant. no one is anti-immigrant. that's the spin the democrats put on us to make us look bigoted. we're pro immigrant and we want legal, orderly migration. every country in the world needs to do that . if we preserve our country, we have to do that.
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stuart: are you able to keep migrants out of new york state. said no more, no more. can you keep them out? >> the problem is no. we have such an overwhelming problem at southern border, they're being pushed to the northern border. i recently went to the northern border and my district is in up state new york and i border all of up state new york. all of lake ontario up to the buffalo and swanton sector and migrants are dying. this is interesting, stuart, the canadians do not require visas so the cartels create visas in mexico for illegal myograns and this is human -- migrants and human trafficking and land in canada, they get to the border, and the cartels get them across the border and people have died there, and there's nothing the border security can do because remember, the border security secures the border. they're trying to get rid of the bad guys, but when there's so many people coming in, you can't track everyone and all the local sheriffs are keeping it quiet and we want to catch them all. finding people in car withs fentanyl in the back of the car. we have tent cities, lauren was
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indicating earlier, tent cities in up state new york and these are because of the laws put in place by biden or disregarded by biden overturning everything that trump did to secure the border and then the same thing in new york. kathy hochul putting billions of dollars of taxpayer money, raising our taxes as new yorkers to accommodate this. they're getting just what they asked for. the more money you put into t the more migrants get and new york certainly is not even realizing what texas has been through. stuart: i want to talk about the so-called zombie drug tranq being used in new york city now and we saw homeless camps in philadelphia overreturn with this stuff. have these drugs not necessarily this tranq, but fete nil and others like it, highly destructive drugs present in up state new york? >> absolutely. they're every r. new york is a feeding ground for car car cartd loots of rural areas to hide and not a lot of public transportation and more difficult for the people to find people and again, we're
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overwhelmed with these illegal migrants. stuart: are we at the boiling point? >> i mean, i think we are, but the problem is most of the media doesn't cover this. the media doesn't talk about the problems the up state police departments and this is state win back-to-back. not just new york -- statewide and not just new york city. the state police and local police departments are overwhelmed also. i've been meting all across my district with local police departments on issues with drugs, migrants, where we put them. there's no place to put the homeless populations right now. we don't have the resources and that's why kathy hochul said i'll put them in fields in a tent. i'll put them into the dorm rooms and now they don't want to leave. this is a ridiculous problem that could be solved so easily with good policy. stuart: yes, but not going to be solved with policy. not going to be solved, period. >> not till you get people out and vote and recognize this is happening. glad to see people protesting in new york city. more people need to get out and vote in up state new york and i've founded the election integrity caucus to make sure people vote. stuart: good idea.
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claudia tenny, great to be in nnew york city. hope to see you soon. a bakery in san francisco refuses to serve police officers. all right. how did the police respond? lauren: that policy is discriminatory and the name of the bakery is reams and won't serve anyone armed and in uniform. but it doesn't say police officers explicitly. who else fits that description? armed and in uniform? this is what the police came out this is their statement. we're not asking reams or any business with a bigoted policy to serve our officers. we're asking them to own their discriminatory policy and put up a sign so we know not to spend money in your establishment. on or off duty. we took the liberty of designing one for them and there it is. so -- what reams is doing is sending a message to he's come on in and rob us and take our stuff. why would the police ever help us after showing them the disrespect? >> stuart: it's a message of intense hostility to police
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officers. lauren: 100%. stuart: that's not going far in san francisco. lauren: why not come out and say that instead of we're not serving anyone armed and in uniform. it's weak. stuart: got to move on. the war in ukraine, appears to be at a stalemate. could the death of the wagner group leader yevgeny prigging pn be helping them. evacuation orders in place in clear water and the mayor of clearwater joining us next. ♪
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there's one bedroom and it sleeps 10. price per night? $5,143. now you know. murphy is with us. he brought stock picks with him starting with, we've got a solid rally on the market. dow is up, look at nasdaq up nearly 200 points. what's your first pick, tesla? >> we can talk tesla if you'd like. tesla had a big selloff recently after it rallied up and came back down from 220 and 300. 300 back to 220. now you're seeing the buyers coming back in. that looks like all the selling got out of the way. now, people aring looing at what's elon musk doing? what does the next quarter and more importantly next year look like? you're not buying this for price earnings multiples, but buying this because it will be the largest automanufacturer in the world. there's a lot that elon musk can do here and tesla has an upside. stuart: a slow and steady climb for tesla? >> i do. it gets volatile around earning
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ands prone to swing 5-10% in short periods of time, but overall he's done extremely well with it. stuart: how about verizon? another one of your picks. what's great about that? >> what's the dividend yield on verizon? stuart: 5%? >> 7.6% on your money to hold the stock and the stock looking a at it today, down 20% in the past year. you're looking at after a bit of a selloff, now with the diversity kenned yield and the company -- dividend yield and company had history of increasing dividends and that goes up and you had an 8% dividend yield on this. company that's becoming more of a tech play, i think for people looking for good return play. that's not bad. >> big gain for best buy and up 5.3% and had earnings report last year. you like them? >> what i like about the earnings report was that the company came out and said they beat and the stock is having a nice pop today and talked about this being the bottoming of the cycle. they think consumers will from
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this point forward start to go in and spend more money, buy more electronic goods at best buy. that i think is the best read through. through. jibe the color tv set for $60 at best buy. >> good for you. what will you do with it? stuart: it's in my kitchen. lauren: that was your response? stuart: what am i going to do with it. >> do you have a 19-inch tv? lauren: color tv. >> i missed that part. stuart: i'm just coming into the color revolution but i've been there a long time. lauren: you bought a color tv. stuart: get serious, florida bracing for hurricane idalia to make land fall. britta merwin is in tampa. how bad is it expect ed to get y you? reporter: stuart, this could be historic for the state of florida.
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for tampa bay where i am now, there's potential we could see the worst storm surge we've seen in decades. tampa specifically has kind of gotten lucky. yes, they've been on alert and a couple calls that were scary but in terms of peak storm submersible, there's not been a lot of that. irma back in 2017, everyone was prepared for that but a last minute defending championuation had a versers -- minute deviation had a reverse surge and all the water was out in the gulf of mexico. this time around, irma has now been retired and it was placed and replaced with the name idalia. it's exploding in the gulf of mexico as we speak and it'll push all this water over this sea wall. the sea wall by the way, about three feet down and that gives us a three feet give but we're expecting a 7-foot storm surge. that's water about here. that's a big problem. we're talking about not survivalable storm surge and that's why evacuations were called. i want to point out these clouds over here, these are outer rain bands of idalia, 60 miles off
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the coast. so weather conditions will quickly deteriorate and there's a light breeze right now and it's warm and muggy, this afternoon those outer rain bands will slam in, tornadoes, heavy rain, thunder and lightning and by later tonight, everyone across the state of florida where they're going to bed is going to be where they're living through the reality of idalia and from the panhandle to the big bend all the way down to ft. meyers, we're looking at significant impacts. stuart. stuart: yeah, we're watching it. thanks very much indude. we appreciate you being with us in a difficult situation. keep clear of that sea wall. all right, brian is the mayor of clear clearwater and joining us now. it knocked out fort myers beach and got to be worried about that happening again. >> absolutelyment that's why everyone has to be ready and leave the low lying areas now,
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don't wait. get out there before the traffic gets heavy and talking about evacuation, don't have to evacuate out of state, don't have to evacuate hundreds of miles, 10 miles, 15 miles. get to a friend's house, a hotel or shelter or pet friendly hotels and shelters. get to higher ground and ride out the storm. the worst we're going to have here as everyone has been saying is going to be a storm submersible. that's going to be probably peaking about 2:00 p.m. tomorrow afternoon, 4-7 feet of storm surge on our pi pinellas county, clear water beach. stuart: the schools are closed and the airport is closing this afternoon. are you now formally telling people or encouraging them to evacuate as opposed to telling them to get out? >> absolutely. that started at 7:00 p.m. last night a mandatory evacuation
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from level a areas across the tampa bay area. i have a story to tell you about a friend that stayed in sanable. he didn't think the -- sanibel. the didn't think the storm would be that bad and not on the beach but periwinker l and saw water coming at 3 feet and rushed to his garage and get up to the apartment above and lucky to be alive and got up there just in time before getting swept away and watched two of his vehicles get swept away instantly and said i'll never do that again. i was lucky to survive that and it was just stupid on my part. stuart: you've mobilized all possible resources in your town i take it? >> yes, we have. everyone is on high alert. we have high water vehicles from the police and fire department ready if there are rescues needed. however once the winds get to a peak, probably tomorrow afternoon, we will not be able to get anybody off the beach till they subside so that's why it's extremely important for everyone to heed these wornings and plead leave the low lying areas and get to higher ground.
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stuart: have people been streaming out and leaving already? joe w jessica mitchell, we have. most people are adhering to the warnings because they saw what happened in fort meyers and sanibel last year and that whole area that . storm was not supposed to hit there and it jived right at the last minute and folks nearly 20 yearsing a went to fort myers and hit tampa bay. stuart: your honor, we wish you the best of luck during this storm and thank you for being on the show with us today. >> thank you. stuart: you got it. a new poll reveals more than half of us are more concerned than excited for artificial intelligence. now that's quite a change from last year. all the numbers for you coming up. problemskeep broking for bud light. sales fell 30 fertilizers for the weekend in august 19th. modello now officially beating beat budlight sales for the ent. kelly o'grady reports. ♪
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stuart: bud light is not the only company facing losing over a woke agenda. kelly o'grady with us this morning. >> stuart, there's nike and they partnered with dylan mulvaney like bud light and target with the pride campaign and the socially motivated decisions are not only resinating poorly with customers but investors and take a look at these stocks and they pursued social ayen data committees now year-to-date and down close to 4%, target down close to 15%, nike h roughly 13% and disney struggling and hit the lowest level in nine years
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down 5% on the year. of course they faced criticism over their response to the parental rights bill of florida. coke and starbucks also down a couple of percents as well. if you look at this like a report card, they're all in the red here. there are a number of other dynamics at play of course. disney dealing with investor concern around the hollywood strikes, but the movement in the stock price are interesting because all of the companies are performing poorly when the general market is doing better. s&p 500 and dow all up on the year for the whole and speaking to investor and how these companies socially-motivated decisions impact his perspective on buying in the dips or waiting and seeing. >> management is supposed to know their customer. if they don't have a good handle on what's driving sales, they're going to have problems regardless of what the trend is or whatever. a misjudgment on this is more than just like a whoops, they missed out. it's more like they didn't really understand where -- who's
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buttering their bread. >> directly not just in the stock but in the sales as well, year-to-date butt light sales are down 16%, mode llo -- modello solidly beating them and that's a concern heading into football season and this made me think about looking at market cap. if you look at nbev and target back to when it started around april 1, they've lost $38 billion in market cap so certainly folks are reacting to tase decision, stuart. stuart: billion here and billion there and you're talking real money soon. kelly, thank you. amazon's chief executive cracking down on employees that do not want to come back to the office. what is he saying? lauren: talking about three day as week and not even full-time. the quote is it's probably not going to work out for you if you don't come back the three days. that was the mandate. it went out in may and a lot of the employees are resisting.
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my one friend who works for amazon, we were together one of the holiday weekends. i'm like how are you out here all week and aren't you supposed to be in your office three day as week? no one is counting. i'll stay here for most of the summer. who cares. employees feel so emboldened right now but we just got that jolts data on the labor market is not giving employees the upper hand as they once had. the number of quits going down, the number of layoffs going up. that was an ultimatum. stuart: two years from now, mike murphy, think that everybody will be back in the office? >> i do unless they shut us down again where there's talk they may try to co. assuming things are normal, people will be back in office because employers are going to realize and i think a lot have already that they're not getting the same bang for their buck. these people they hired and said they would pay to come into work that are now working from home, probably not a lot of work getting done. lauren: when do the people who -- we are seeing this with the striking workers but who
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commute to the office every single day and pay for that commute and pay for the food and the child care. when are they going to start saying it's not fair that sew and so is home? stuart: fair enough. lauren: change the salary. stuart: we're doing the commuting cost and paying the salary and making the same as you out there in wherever coming in once a month. i can see that. getting annoyed. show me the dow 30, please. i keep using this ex--- i'll try co-come up with -- try to come up with something better and dow up nearly 200 and half a bernards healthcare centage and three quarter was the dow 30 are up. ukraine, they just broke through some of the most difficult lines of russian defense. they've regained control of a strategic settlement in the south. rebekah koffler on the state of play in ukraine, next. ♪
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this country right now, stuart, and i don't know if you blame on social media or covid, i think a lot of people are finding things to be concerned about. finding things to worry about and finding something -- the anxiety to find someone in the street, they have anxious sighty and anxious over this or that. a lot of times we all have one life to live. i don't want to sound like a preacher and artificial intention is here and going to be here and hopefully going to have a lot of good impact and may not. i'm willing to bet it is and we're bringing in artificial intelligence company public in the next few weeks and there's nothing to be worried about -- if there's things to worry about, it's not for me going to be artificial intelligence. stuart: got to worry about the ipo price and make sure the thing goes up. >> possibly, i don't worry too much about too many things. stuart: you don't, i've noticed that. ukrainian forces say they've liberated a strategic location in the south. progress however appears to be slowing. rebekah koffler, an expert in
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the area joining us now. is this war in ukraine at a stalemate? >> absolutely. putin turned this war into a protracted conflict in which he is trying to bleed out the ukrainian forces. destroy it is agricultural base, destroy its defense industry, but at the same time he's actually bleeding out his own forces and emptying his treasury. at the same time our own combat arsenal being depleted because of support in ukraine but none of the three sides have the motivation or any kind of desire to settle for peace. so my prediction is that it's going to go on for years. stuart: go on for years, all right. you've got a new piece out, a new article and it reads wagner war lords reported death is straight out of putin's blood spilling play book. okay. did the death of prigozhin make putin stronger? >> it did make him stronger --
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didn't make him stronger or weaker. putin's group on power was pretty solid, but the perception by the russian people is that putin has cemented his grip on power because he put the fear of god into everyone by authorizing in my assessment this assassination of prigozhin. putin has always un-aambiguously state that had traitors are the highest crime and he's chase down traitors anywhere in the world including here in the united states. if you remember we had something in miami where fortunately we were able to stop that assassination operation of former officer. so in the west, we perceive putin as week. the russians perceive him as strong, but it's all in the eye of the beholder. putin is the thing he's always been, a former kgb operative as
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assassin. stuart: putin and zelensky going nowhere and bi biden is committd to helping ukraine in the long term and it's a stalemate. >> absolutely. nato and our allies are revisiting our military strategy in terms of how we support ukraine and also we are providing commitment to ukraine that we're going to continue funding this war because for the united states, it's good to have a depleted russian military and depleted russian economy. but unfortunately it's turning into biden's afghanistan 2.0 where we spent $2.2 trillion only 20 years later to have the same, i don't want to say any bad word but taliban, estranged force in charge. the country is not a democracy material so the same thing right now is going on in ukraine where we're emptying our treasury, depleting our combat arsenal where the result is not apparent
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and not achievable. stuart: rebekah, thanks for joining us with a grim assessment of the war. that's the way you see it and we take that. rebekah koffler, thank you indeed. it's 11:55 and tuesday trivia. who was the first president to visit all 50 # states. richard nixon, ronald reagan, george h.w. bush, bill clinton? the answer after this. ♪ ..
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stuart: we want to introduce the newest member of the fox family, this is why it david jenkins, born to jen jacob torok 12:0 one in the morning in time for the first primary debate, the company regulations. earlier we asked who was the first president to visit all 50 states, almost out of time. >> nixon. stuart: must be nixon because we only had 50 state after 1959. four presidents visited all the states, out of time. coast to coast next.
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