tv Varney Company FOX Business September 18, 2023 9:00am-10:01am EDT
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joe's expertise literally for seven years, i like to collect currency and have a collection of bills sitting by treasury secretary, joe and i shared the love of printed currency, he used to bring the bills from barwick corners of the world that were no longer in use we would marvel at the color and feel of the currency, we shared the love of the printed money and we talked about it so often. mostly joe is dedicated to his job he has worked at fox news for 26 years i will miss joe dearly and i want to; since, love and support to his wife dolores and his family we will keep joe in our hearts and our thoughts forever, rest in peace, joe ronstadt. we will see you again tomorrow, "varney & company" picks it up now. stuart: a sad day. thank you very much. good morning, everyone let's go to the news the president is in
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new york, that is why the traffic is such a mess. we are told he would address new york's migrant crisis by letting them work. if so he is establishing migrant policy for his 2024 election. he is also here to raise money, broadway for biden event tonight and lawyers for biden event wednesday, now maybe we'll find out who is giving money to a president who is helping run the city. separately iran's president is here at the un summit. as he arrives iran releases five americans and they released to iran's we understand they will not be going back. they will spend anything that they want. to the markets. i start with interest rates, they are going up the yield on the two-year treasury all the way up to 5.07%, well above 5.7% the ten year treasury well above
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4.3%, 4.35, mortgage rates are not good to be coming out anytime soon. oil $91 a barrel, 91.92, edging up to 92. gas is creeping up in price, regular averages $3.88. diesel is that $4.57, up 23 cents in the month. as for stocks a mixed picture, the dow is down three, nasdaq down maybe 30. bitcoin has it the $27000 bubble again 273 to be precise. the strike is in its fourth day, stellantis of 21% pay raise in the union rejected it. the president xi data team to detroit to help to assure the union he has their back. politics and temporary funding proposer that would keep the government running until octobe% except for the military and veterans programs and it includes border security, not clear if it passes with all
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house republicans. on the show today senator schumer relaxes the dress code now it's okay for john fetterman to wear his hoodie and gym shorts. monday, september 18, 2023, "varney & company" is about to begin ♪ ♪. stuart: look at the traffic in new york city today, the president is in town all day and tomorrow, don't expect to get around easily in manhattan. the autoworkers strike in the fourth day, the latest offer from stellantis rejected by the union. jeff flock joins us right next to a picket line, what are the politics on the line?
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>> they are the oddest politics i have seen and 40 years of covering the uaw and the contract negotiation, yet the unions which would typically be supportive of the president saying we endorse the price especially big prounion but not so much they say you have to earn an republican saying we are concerned about the disparity and pay between the corporate executives making millions and the guy on the picket line i much less. we talked to one of those guys, you see back there a moment ago, here's what he told us. >> since the pandemic there has been a shortage of workers nobody can find a good job with good pay the majority of americans want fair pay, i want to catch up to the guys, the 1% that they talked about, we want to catch up with them and have a fair living wage where we can raise their families and have a
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good life. >> there is a lot of popular support for the notion that there's too much disparity with what these guys make out here and what the executives are making. if you think the strike is not going to go on for a while, take a look at the woodpile you don't think these guys are ready and is not even called out this morning but is starting to get there, the latest, shawn fain the president of the uaw was just on with the folks at msnbc, as i said if you think this is good to be over anytime soon you did not hear what he said but now you can hear what he said. >> really things are still status quo moving slowly we had some things over the weekend but we have a long way to go and that's going to be up to the companies on how this plays out. we will see how things progress the next few days and if we have to input pressure that's what were going to do. >> a lot of issues on the table
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i want to show you one sign, that's is in tears some guys making $32 an hour working next to guys making $17 an hour, that's what wrinkles these guys, they say what the automakers make these days it's time to get there for everybody. stuart: did you see any trump signs on the picket line? >> i have not seen any here, i've seen a lot of signs but i don't see any of those but it's a weird time i've never seen politics play more of a role in the uaw negotiation that i see this year. stuart: jeff flock in the middle, thank you very much. david bahnsen is with me and will stay for the entire 9:00 o'clock hour. any impact on stocks at all? >> if the features are totally flat and even ford and general motors are up or down 9 cents, they are barely moving and a lot
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of that stuff is priced in it will be a bigger impact in the law were to say on the whole story but as far as opening up stocks, no. >> i wouldn't talk about interest rates, they are rising and what is the impact of the market do think the fed will raise rates again. >> 0% chance they will raise rates, the futures market is at 100% chance, 100% of no rate hike, what's interesting 70% chance of no further hike at all so generally the fed is following the market, the markets are not following the fed, i'm very skeptical, the rates that you see higher this morning, they are not where they were, they are down a little bit, the tenure is near the high but the short end of the curve is down a little bit. stuart: the tenure well above 430 that means mortgage rates may be 70 to quarter percent,. >> there at seven and half now and the question around the high which has been or is the tenure going up near five the problem with the tenure not going to
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five it means the market is going to have growth for the next ten weeks not an inflation issue is a growth issue. stuart: my worst nightmare. >> is awkward to be good for reading did not good for the economy. stuart: that's another story. let's get to politics a new cbs poll reveals only one third of voters believe that biden would finish out a second term if elected. lisa boothe is with us. monday morning mumble mouth. one third believe that he can make it through a second term, who are those people. >> maybe they live in new york, who are those people, all we have to do is listen to the fact that he can barely complete sentences here, i am still hung up on the fact that i think that everyone is operating as if this is a normal election cycle and it isn't, even in the normal
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election cycle is to be a dogfight for republicans you look at the real clear politics, republicans are tied with democrats in the generic ballot, donald trump who leading republican candidate right now he is virtually tied with joe biden the real clear politics average despite everything that's going on in this terrible economy and inflation and despite the fact the country is falling apart and 30 a dogfight and you layer on the fact with mail-in ballot, ballot harvesting, all those different things and a potential nominee it was facing numerous criminal charges, i worry about a complacency heading into the 2024 presidential election as if somehow this is a normal cycle, when is the last time we had a normal cycle. stuart: did you see this, hunter is suing the irs the agent
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invaded his privacy. i think he wants to hold everything up as long as possible so there is no serious investigation of his taxes which make the president himself vulnerable. >> i think you are right and a silencing effort like you are next. i'm going to sue you i know one of the whistleblowers attorney released a statement saying my client did nothing while goodness and obviously hunter biden is one with the culpability and he would be facing much more serious charges in the three felony gun charges it was an honest investigation. and david weiss haven't left the statute of limitations run up on some of the tax charges from 2014, 2015. i'm sure hunter biden doesn't want to face any charges but if he was a normal american, democrat or biden that dude would be in jail. stuart: donald trump was asked about jail time if found guilty. roll the tape. >> i want to know what is in your had when you go to bed do
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you worry about going to jail? >> no i don't i don't even think about it and built a little differently i have had people come up to me and say how do you do it, i don't even think about it, these are corrupt people that i am dealing with their destroying our country i think about making the country great in making america great. stuart: can you imagine american politics if he sentenced to jail. >> it would be terrible to the country, adam schiff is already on video talking about encouraging democrats for the 14th amendment to remove them from the ballot if he is convicted and i think there is a high likelihood that they will convict him. we do not live in a normal country or normal times and he's dealing with evil. stuart: thank you so much for being here. let's lower the temperature, senators will no longer have to follow a dress code, that means senator fetterman could appear on the signature floor in gym shorts and his hoodie.
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visits to the senate must abide by the informal code men and women to dress in business attire. i guess we should call this the fetterman exception. check the futures of little red ink but not that much, the dow down 20, nasdaq down 45. coming up msnbc host theorized why republicans keep criticizing vice president harris, watch this. >> it is so silly for folks to have this conversation. my question are they doing it not because they think she's incompetent but because they know her potential and they are afraid of her. stuart: that is fascinating. republicans are afraid of kamala harris, i guarantee working optometry on that. president biden touches down to new york city for the general assembly. he will be zelenskyy at the white house and he will later address senators. a big issue is republican support for more money for ukraine. we will address that shortly.
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jacqui heinrich is with us what we know about the late breaking prisoner swap. >> we just got the news moments ago. a administration announcing the five detained americans into family members have departed to run on a plane. they're on their way back to the u.s. and iranians are saying two of the five presidents under prisoners of the u.s. poverty arrived in doha. the administration has not released the names of the five iranians that they will be releasing but probably these are people that were involved in sanctions violations, not violent crimes. they would not give us the names because they say the deal is fragile not yet completed. according to the iranian foreign ministry two of the iranians will be made in the u.s. the $6 billion we are told has already been transferred from cutter to to run, via switzerland. the administration maintains this is not a ransom payment because they are not taxpayer
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dollars but the argument is a little bit self-defeating, listen to the explanation. >> they are knocking to be released for nothing in exc exchange. >> didn't they get five iranians. >> they will get five a radians as well. >> why did we need to add $6 billion on top of that? >> this is the deal that we were able to strike. >> u.s. officials say no sanctions are being lifted on iran and efforts to deter the country are separate and ongoing. the deal comes as a nuclear watchdog the iaea has warned the international community is losing interest in holding iran accountable with violations becoming routine with weapons grade uranium increasing. congressional republicans say this deal has already had ramifications counter to u.s. interests. >> guess what's happening since then a third of the inspectors at the iaea international atomic energy agency.
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have been restricted now. the saudi said this morning that the deal with israel were try to negotiate, we are out. it is having a damaging ef effet throughout the middle east and started with a naïve transaction of 6 billion. imagine what iran is going to do a six begin dollars. >> depending on exchange rates, the final amount could be as much as $7 billion. stuart: now we know. thank you very much indeed. ukraine sue linsky is also in new york and then later washington to meet with the senators and the president to secure more funding. mike walls in new york with me this 40. would you block more spending for ukraine? >> i had an op-ed in fox digital that lays out we have to have conditionality on this going forward, the era of the blank check in congress is over. but we need some reasonable space not another dollar in blank check as long as it takes, what are the conditions, you
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have to have a strategy, every military operation you have to know the objectives and what does success look like in the strategy, biden does not explain that. he has to do and should do it to get another dollar. two, the europeans have to step up. they need to match dollar for euro, of legislation to force them to do that. 2% of the gdp, only nine of the 31 nato members, we have been begging them for decades, germany just walked back his promise to get to 2%, it's right on the doorstep i think the american taxpayer is right to demand that they defend themselves. stuart: do you want zelenskyy to win? enter about the russian troops that they've occupied since february of last year? >> what winning look like, all of crimea? stuart: just the area that they've occupied so far. >> back to the 2014 line? those are all reasonable objectives but they will take.
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about of money. as long as it takes blank check when. our board is out of control, inflation is out of control. it is not acceptable at this point. i have been supportive that we have to stop putin or he'll hit nato and get drug into this war. but we have to be a administration articulate strategy. stuart: as a military man the joint chief mark milley says about the military going woke. watch this. >> i am not sure what that word means. >> i'll tell you what the word antimilitary icy except strong, powerful, our readiness rates the way we measure readiness is better than it's been in years. stuart: you are shaking your head. >> i don't know how the general says that with a straight face. i have an entire binder that cadets, military members, families of this nonsense how to cope with your whiteness and
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white rage a lecture at west point, pronoun training at the air force academy, the secretary of the army sensor number one goal for the army is to be carbon neutral by 2030 which could include electric tanks i have not seen any charging stations in the middle of the worst recruiting crisis since vietnam the army is down 45000 troops in the last two years and 40% of her submarine fleet 40% cannot get out of maintenance and the dry docks, we are down in recruiting and down in readiness and were not focused on lethality and the focus on diversity in climate instead while the threats from our enemies are exploding around the world. stuart: do you feel military is a laughingstock. >> as an army man i would never say that but the leadership of the pentagon is a laughingstock. they're taking the military in a dangerously wrong direction we need a general's to stand up and
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stuart: take a look at the market this monday morning not doing much, dow up 12, nasdaq down 37. show me the price of oil in the news very close to $92 a barrel. keith fitz joined us. back in january you told us oil would hit $100 a barrel by the end of the year. are you going to stick with that? >> i am i think we will crash over that in the next few weeks. i hope we put that often the fed would see the error but i don't think that's going to happen. stuart: why is it the fed's fault? >> the fed put pressure under pressure via the have done anything about it we also have lovefest between china, russia and north korea, that is causing problems as a take supply out of the market economics one-on-one and i know your london school graduate and if you reduce supply prices go up that's
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what's happening. stuart: can we see the oil companies this is premarket. oil copy going up across the board do you like any particular oil stock? >> i do chevron is my favorite, the most aggressive alternative energy portfolio hundreds of millions of dollars, billions of dollars in capital expenditure, great dividend and great buyback. that is the one i want to own and i hope to buy more shares this week. stuart: i'm told you bought under brought with you a bargain stock recommendation. what is and why is it a bargain. >> i think it's a bargain crowdstrike and looking in the high-tech data security were talking about huge portions of the world going digital whether we like it or not this stock has been beaten to smithereens people pricing like it's going out of existence but great product offerings in a huge a+ roster of clients. i think it's going to be a stellar performer i'm looking in
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240, 250-dollar range. stuart: hold on, 240, 254 a stock at 164, timeframe, over the next year. >> 12 - 24 months, it's not different than the other a.i. or text driven place that we've talked about you and i have known each other we made similar calls with regard to apple and amazon in regard to palantir. i think many of the companies are totally underpriced, forget the p/e ratios and everybody using to guide these. digital investment is not reflected. stuart: okay, you made your point, we appreciate it we are watching chevron and cloud strike. look at your screen who do you think that is on the right-hand side about to press the button for the nasdaq, that is al gore, climax capital that is what is he promoting he pressed the button were often running. the dow industrial opened ever so slightly higher you looking at a gain of 30 points.
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there is not that much movement so far on the dow 30, half up, half down, the s&p 500 where is that on a monday morning it opened virtually dead flat, the nasdaq composite that may be down, down 31%, shall be big tech probably on the downside apple is at 176, amazon 140, alphabet is down 13 cents, meta down a dollar and 48 cents. microsoft down $3.27. i want to start off with arm, day three of trading and it looks like the momentum has dissipated is started trading last week the first is $56 a share now it is $58 david is with me what went wrong. >> nothing has went wrong priced at 51 and free money to flip out of the ipo it is speculated that rented the stock for two days and sold it so they have a gamble and they want they made a
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few dollars and now they get out, ultimately they only released to the public a very small amount of shares so there holding supply back it is a long story of what's going to happen but the ipo gambling speculated the first few days don't reflect any fundamentals. they're definitely not for me, we are investors. stuart: not speculating. listen to this one the wall street journal reports that tesla and saudi arabia are in early talks for an ev factory. the crown prince's wanted there for years. tesla wants to sell 20 million vehicles by 2030 last year they sold 1.3 million, what you looking at on tesla. >> tanaka to sell that many by 2030 if they don't go global so having things manufactured in other parts of the world is a big part of the growth strategy. the stock is up huge this year and the whole play on it it won't be an automaker there is about a replay that will have
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bigger utilities so it's very difficult to price. most of the names that i talk about on the show are dividend names that we own but tesla is a company that we follow quite a bit. >> is tesla winter. >> absolutely it's also a cause because there's so much pressure from the administration on the big three to do more in electric and less in combustion engine. stuart: let's move on to micron is gaining ground, not much, 50 cents. deutsche bank has upgraded them to ab by a recent target price f $85 a share from 65. that is deutsche bank. it is up 69 this morning. >> a space that is difficult to price yet one analyst deutsche bank coming up saying they think has room to grow, pricing power is what you need and a lot of
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these things it's hard to reflect in the stock price. stuart: technology company cisco another round of layoffs, the dropping 350 jobs, last time around they drop 4000 jobs, the stock is dead flat but this is what your dividend picks. >> we have done very well, were big believers into the future, they had modest layoffs, cost cutting is an important part of what they have to do there in a position to make a lot of money on old technology network, servers, routers and they have a new software subscription service of growth engine, we like what they're doing a lot. stuart: back in the days of the late.com bubble i remember cisco far higher priced. >> it went to 80 few dollars for a few weeks it went up to the 80s and came down to single digits and now we have started buying about 15 or 20 and owned over the years and the dividend growth over the last ten years is in line with their stock growth. i will point out the cisco in
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the late '90s and nvidia have a lot in common. do they? >> they do i'm working on an article. stuart: what dividend does cisco pay three and a half and growing 8% a year. how about h&r block. >> because of the tax season and due to the extensions in california filers have not filed taxes, but people don't know that. i arrested and make anyone california file in april because of the rain. no penalties and no interest they did not have to make a payment were filed taxes and to october 15. i feel like the rest of the country deserves to know what happened to californians but regardless h&r block is a barely fairly priced company less than $6 billion size of a company in the patriot half or 4% dividend that they have been growing for 20 years. stuart: i'm not happy for the break for californians. >> a lot of people are not but the truth will set you free
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people need to know what's going on. i think people should be appalled that california got that. stuart: general mills. >> the stock we entered recently. i talk about a lot of ones that we bumper long time but general mills is 21% down and up quite a bit last year but they own the brand names like cheerios and häagen-dazs and pillsbury big well-known consumer brands, now you're talking about a great dividend grower and i wanted to throw that in. >> a 3% dividend growing at about six or 7% per year. stuart: i'm sorry i prefer a 5% yield on the one year treasury. >> what happens when the one year treasury is yielding 0% one year, you 5% one year and you have to do some thing different and will return to do is buy things over time that are growing the dividend and you get a lot more than 5% in a lot longer of the time. stuart: you got ab that one. check the big board the .11% to
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4600. show me the winners amongst the dow 30. the top of the list is apple reaching 178, it is up to present. chevron, mcdonald's, salesforce, s&p 500, valero the energy companies of course, phillips, valero, ralph lauren also on the list. nasdaq composite, siriusxm radio, apple is on the list, i cannot see that, amgen also on the list of winners. coming up take a list of this the media bell starts to toll for joe biden's 2024 campaign. joe concha wrote that he will tell us how bad things are for biden. house republicans reached a tentative agreement to avoid a government shutdown. 8% spending cuts in border security, some republicans are likely to reject it. we will be back.
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stuart: it looks like house republicans have struck a spending deal to avoid a government shutdown but it does not look like all republicans are behind it. aishah hasnie joins me. what is in the deal? >> there is a lot in the deal that you think would please conservatives but in the overnight hours we are looking at reportedly 12 hard-nosed for the new deal when it's not a good thing when you can only lose four and you can tell in this case the negotiations are not really happening between caucuses, there happened between individual members and that's an uphill battle, here's what we
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know about this deal it was worked out between a handful of conservative freedom caucus members and moderate mainstreet caucus members ended includes funding the government for another month although they would temporarily cut the fiscal year '23 discretionary spending by 1%, that is a big change and they would hold defense spending at current levels and include the border bill language except for e-verify and it would be taken up with the dod bill which were expected to happen later this week, what is out here it does not include disaster relief and it does not include ukraine funding. remember that they want to vote on this on thursday when ukrainian president zelenskyy is going to be visiting capitol hill, that would be a big sign for him. we know the negotiators will working on the no votes speaker mccarthy wants to pass the short-term spending bill to avert a government shutdown.
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he's trying to buy time to pass appropriation bill but more republicans are openly admitting that they expect the government to shut down. >> as far as the shutdown, i think we will have a shut down. >> i do expect the government shutdown and what a lot of people may not understand is not the end of the world. >> a shutdown would only give strength to the democrats it would give the power to bind and it would not pay her troops are border agents. >> were watching how this goes for speaker mccarthy because there is the looming threat for a florida representative matt gaetz that he would be interested in filing a motion to vacate the speaker, folks have come out and said they're open to that, victoria sparkz in the last hour hit mccarthy on that calling him a week speaker. a lot to get to this week. stuart: there is indeed thank you for filling us and we appreciate that. donald trump says he doesn't
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have a problem with shutting the government down. >> i think if they don't get a fair deal with the savior country $35 trillion in debt we have to save our country. >> you wouldn't shut down the government. >> i would shut them down if they can make an appropriate deal. absolutely. >> steve moore joins us. in this deal 8% spending cut, border security, do you think it is a good deal? >> i do and i agree with president trump. the highest priority right now is to get our finances in order in the fiscal year begins on october 1 on 2024 fiscal year, we're going to end up with a 2 trillion-dollar deficit for 2023 at a time when prices of covid is over there is no reason for the massive excess spending over revenues the stakes are high, we were listening to your
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report about what is going on minute to minute and kevin mccarthy has a tough job what is the saying the speaker of the house is to herd cats and that's what's happening, here's what i predict will happen. i think you will see a whole series of stopgap measures, continuing resolutions for 15 days or 30 days or even a week as we go through this process, you and i may be talking about this through christmas, i've been to this movie before but the stakes are really high. stuart: i want to talk about the strike the auto workers strike, do you think bidenomics is hurting the unions? >> there's no question about this i have a piece i just wr wrote, there is a statistically significant relationship over the last 50 years between the inflation rate in the number of strikes, if you go back to the tumultuous 1960s and 70s
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when we had the last episode of runaway inflation the number of strikes went through the roof. you don't have to believe me even the uaw negotiators of the president of the uaw is saying our workers have gotten screwed by higher inflation, the inflation prices over the last two and half years is up 16 or 17% and the workers did not get raises to keep pace, the average per our salary would be 3 - $4 an hour more if their wages had kept pace with inflation or the answer to the question is yes biden inflation is killing the union workers which is ironic because joe biden is running around the country saying i'm the union's best friend not the union workers best friend because they're the losers from a high inflation. stuart: thank you for being with us on a monday morning. coming up the president has arrived in new york city, more than 100,000 migrants, we are
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told the president will let them work. if he does he is establishing migrant policy for his reelection and i don't think he's going to be popular. that is my take at the top of the hour. the new york police department exploring drones to help answer 911 calls. the ceo of the drone company brings as his drones can answer 911 call before the police get there. we'll be right back. ♪ ♪ shelves. shelves that know what taste buds want. shelves smart enough to see, sense, react, restock. ♪ so caramel swirl is always there for the taking.
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presentamos storm ready wifi. solo de xfinity. ahora puedes mantener una conexión confiable durante apagones, con datos celulares ilimitados y batería de respaldo de hasta 4 horas para mantenerte conectado. obténlo solo con xfinity. el hogar del 10g network. entérate más hoy. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways. i'm able to stand and actually make dinner.
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i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. they are exporting to use the drones for 911 calls even before the officers are on the scene. he is the guy with the relationship to the nypd. welcome back. >> thank you very much, i am thrilled to be here. stuart: the drones floated around new york, you get a 911 call and the drone gets there before the cops do, does that give you eyes on the incident? >> it does and enables emergency medical deliveries, think about
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narcan, aeds, epi- pens, first responders life situational awareness. it is the future of policing. stuart: can you have a drone like that when you have one here that is small you can have that buzzing around new york. >> we think so, probably robotic nest on top of police and fire station roofs. it will be integrated with 911 call taking systems and gunshot detection systems it may be in brothers systems two. if a 91 call comes in the drone takes off and flies right there. stuart: could be armed at some point in the future? >> we don't think that's a great idea. stuart: you would be liable wouldn't you? >> that certainly but there's so much value these things can provide for message situational awareness. >> is also community trust, installing a bunch of drones for public safety response in cities i think communities will be a lot more comfortable if these
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were unarmed and used for peaceful purposes. stuart: how many do you propose to sell to the nypd. how many do they need for comprehensive drone surveillance of new york city. >> hundreds. >> 911 call hide behind the. stuart: how much for each one. >> i think something were talking about. stuart: a subscription model? >> the ny pd with subscribe in a month or annual basis. >> we come up with new drones, they get updates and if they crash when that will be covered, will maintain the whole system so if something breaks down will sensibly out in the do the repair. there is a huge software component. stuart: did you answer the question, how much? >> long-term 911 response drones will be tens of thousands of year for each launch location. >> you looking at millions of dollars to surveilled new york city would drones. >> that is probably true but vista was the first police
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department to try this they were found they were able to clear 25% 911 calls without sending an officer. stuart: that is your drone and use in the california town. >> yes. stuart: have you signed a deal with nypd. >> we have for an early small-scale deployment. stuart: that is why you're here. >> i am 23. stuart: it's a wonderful thing, the best of luck you've been on our show for some years and we've seen you through the development and we wish you well. we like success, strangely enough. >> we are trying. >> thank you so much. stuart: new orleans district attorney is using artificial intelligence to fight crime, jason williams has a simple task force composed of a.i. experts that we use the technology to gather evidence on suspects. what do you think of that. >> and for any method of fighting crime including regular intelligence.
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artificial or otherwise i think there's low hanging fruit that we can fight crime. stuart: maybe we need the drones. thank you everybody and thank you for joining us for the hour. check the market. we have red ink but not much, the dow is down 44, the nasdaq is down a mere seven points. former governor of arkansas mike huckabee, joe concha, wisconsin brian style and small business administrative linda mcmahon, the 10:00 o'clock hour is next. ♪
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