tv Varney Company FOX Business September 26, 2023 11:00am-12:00pm EDT
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finishing out another term. >> market right now is jittery. there is not any news to push it higher. you really have a market that is expensive, it's pricey, and it's totally dependent on a lot of tech. >> the notion of a soft landing is about as realistic as bigfoot or a unicorn. >> going from sear to 15 years to 5.5 is a huge shift in interest rates, and the consumer and small businesses, david, are not built for it right now. >> we have never had a month in our history where we had over 200,000 illegal border crossings. under joe biden, we've had 14 months. >> the uaw so far hasn't endorsed biden. now, i suspect they will at the end of the day, but what you're seeing today with biden marching with them is just for show. ♪ this is gonna be the best day of my life, my life ♪ david: oh, i thought it was u2.
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jimmy failla knew that. he knew i was wrong. i don't know if you knew the right answer. it is 11 a.m. on the east coast, tuesday, september 26th. i'm david asman, they had to write that into the prompter, in for stuart varney. not a good day for the markets. the dow is down 224 points right now, nasdaq is down over a percentage point, but it has improved a little bit, or it's off its lows anyway. it's down 137. s&p is down about 41. show me big tech if you can, all in the red, here we go. meta, microsoft, apple, all down. well, let's see, microsoft and apple are down over a percent, alphabet is down over 22% -- 2%, and i believe we have a 3% plus drop on amazon. it's down $4.21 to $127. check the 10-year treasure i. remember, it -- treasury. remember, it popped yesterday. the market ended slightly up yesterday, it started the day
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down. now we have another pop, a slight increase in the 10-year, it's 4.5446%. that's an increase. it had been on the down slide but now it's on the uptick. take a look at a this, the "new yorker" magazine is being accused of ageism after the magazine cover showed top leaders like donald trump, joe biden all using walkers. jimmy failla joins me now. a. [laughter] jimmy, i've got the start with trump. i watched him a little bit yesterday. he's on his game. he's got all of his energy, he's got all of his wits about him. he hasn't lost his step, if i'm allowed to say that, unlike certain people running for president. >> yeah. i think that's the most shocking part of that cover, that biden was going the right way. [laughter] wait a minute, there's nobody turning him around. david: well, he had company. >> it is the ageist by the new yorker. why? because it's the not about how old people are, it's about the condition they're in. as you said, trump is sharp and formidable. i interviewed william shatner a
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few years back, he's 93. sharp as can be. we know people joe biden's age -- david: bernie sanders, he's a year older. >> and he's a lot more vigorous. biden is the other thing. the guy's sending in the punt team on second down. it's not supposed to work that way. so we should be concerned, okay? you know, the democrats like to tell us they need new blood. they actually mean transfusions, you know what i mean? david: oh, man, that's trough. >> we've got a deep bench. david: by the way, i was talking about lowering the bar, i was going to the talk about fetterman, but we'll move on. president biden's allies are reportedly panic eking over possible third party candidates running in 2024. one ally used an expletive to describe his concerns to nbc news. do you think it's possible that a third party candidate could come in, drawing even more from president biden? >> yeah. and i think the democrats, the
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dnc, is creating this problem because they're shutting out any potential primary challenger, like an rfk jr. can't get a word in, okay? they've reconfigured the primary process to pretty much freeze everybody out and let south carolina go first, and and that's an effort to shield biden from having to take on a direct challenge. but what's happening if you look at the poll numbers right now, nobody wantses him to run again. i do expect if not a third party, a larger push internally to bring somebody from this party to the forefront. gavin newsom is not debating ron desantis because he doesn't want to run, okay? david: right. we should mention sean hannity has a debate coming up with the boast of -- both of them, ron desantis and governor newsom. >> probably the second biggest tv news of of the week, despite the fact that i'll be on thursday. [laughter] david: democratic congressman dean phillips, he's from minnesota. it's not a common name, that's why it didn't flow trippingly off my tongue, says he may
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challenge biden in 2024. >> i have thinking about it. i haven't ruled it out. i think it's a steep slope, you know that. i hi there are people who are more proximate, better prepared to campaign with national name recognition which i do not possess, but i do feel strongly and i have a conviction that it's important for democracy to have choices, to have competition. particularly many light of what i'm -- in light of what i'm reading, the polling, the data, and what i'm sensing in my own intuition. and i'm concerned. david: he's doing more of a hard sell. >> yeah. david: he's saying flat out he's going to be running. >> yes with. david: newsom is doing the soft sell. oh, i love biden more than anybody, he'd be a great president -- >> newsom's trying to make it look like his hand was forced. i'm endorsing this guy, this guy's the best, however, okay? hillary's doing the same thing. she's not out there campaigning for biden, she's campaigning for herself, okay?
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the presidency, as you know, is a disease only curable by death. she'd never stop running. someday trump rallies will be chanting help her up. but i think it's coming. as an nfl fan, i wouldn't fear anything out of minnesota this year -- [laughter] but i do think something's coming, i do. david: the big question, i think, is michelle obama. again, she's got a tremendous popularity among the public partly because she's never been in politics. she has no record to defend -- >> she's making $700,000 a speech in munich right now. she doesn't want the shake hands with the little people. here's some inside dirt that everybody overlooks. all of those school kids that she took french fries away from are now old enough to vote. the little chubby kids like me, they're not forgiving this anytime soon. david: if biden refuses to step down, let others get in there, somebody might say michelle is our answer. >> they're going to say
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something ooh's our answer, okay? if two-thirds of the country think you're going in a wrong direction, looked -- look at it like an uber, we're probably not going to hire a guy a second time that's taking us the wrong way. that's just reality. david: thank you, jimmy, for being here. appreciate it. mike murphy joins me now. you're with us for the whole hour, thank you for being here. first of all, today why didn't what happened, what seems to be happening today can and, of course, we don't know how it's going to end up, why didn't it happen yesterday when rates popped? >> people are looking out into the future and realizing that the fed's job and this soft landing that was predicted isn't set in stone. so a lot of people are now concerned with the price of the market and saying, like, a lot could go wrong. and it's a seasonally tough time, so a lot of people now are saying i'd rather sell than buy. so you're seeing it's a tough time for the markets -- david: by the way, we're coming into october. everyone says september's a bad
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month, but i able 19 is 87 where the market -- 1987, of course, going back to the 1929 crash in october, are we, should we be wary of anything like that happening this month? >> sure. but if you go back to '87, it was nothing short of a tremendous opportunity. david: and it recovered within a couple of weeks, back to where it was. >> i think right now people have gone are from saying the glass is half full so we're going to invest and we love big tech to over this month people have shifted to where the glass is half empty, where tech is too expensive or the entire market is too expensive, so we're going to look for yields else where. david: and we have an alternative. you can go in short-term bonds. the 10-year, forgod sakes, is getting 4.5. 2-month you can get over 5%. >> you can, but i think for min watching at home and thinking that's the way to go, just be very careful with that because the return in the market over time has outpaced that and will
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outpace that, in my opinion. so this -- a 5% -- david: over time, but if you're just talking two months or even a year, that's ooh pretty short term for most people, right this. >> it is, but i think most people shouldn't be trying to time the market over a few months or even a year because chances are they're going to get it wrong. i think they should be looking at a longer-term investment picture. david: so if you're looking for a 5-year term, what would you be putting your money in right now with all the uncertainty out there? >> the s&p 500. the top 500 companies, you have a 5% return this month. there's never in history -- david: would you go for the spider? >> never in history be a time where the market's gone down 5% and not gone to a new high, or any percent, for that matter, and not gone to a new high. it's always come back, i'm going to bet on always. david: the last time i bought spy? the day after donald trump was elected many 2016. >> and you still have it, i hope.
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david: yeah, i still have it. i knew the market wasn't going to crash with tax cuts, you know? and i knew that was coming. >> good for you. david: you're going to be here for the full hour. thank you, mike. well, an analyst at cnn immediately backtracked after getting caught for his misleading claim on inflation. roll tape. >> inflation is coming down. but if people just don't believe it, they don't feel it, then they're not going to act on it. >> technically not coming down on things like food, energy in some respects -- >> okay, fine. so, you know, the prices are too the high. david: okay, fine. well, yeah, the prices are too high. there's more where they came -- that came from. and costco is now offering medical care to its members for as low as $29. could that be true? we'll explain. and the top issues ahead of the second republican debate tomorrow are the economy and the border. bill melugin has a report from the reagan presidential library coming next. ♪
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♪ ♪ if. david: well, tomorrow, of course, is the second republican debate at the ronald reagan presidential library or in california. bill melugin is there. bill, top the issue, of course, is the economy, but the other is the border which is getting more out of control than ever, right? >> reporter: it certainly is. border, obviously, going to be a huge topic. and because of the tighter standards for this second
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debate, former arkansas governor asa hutchinson will not be on the debate stage tomorrow night. we're going to have seven gop candidates instead of eight, and the field is officially set. ache a look, gop confirming it yesterday, north dakota governor doug burgum, former new jersey governor chris christie, florida governor ron desantis, former u.n. ambassador nikki haley, former vp mike pence, entrepreneur vivek ramaswamy and south carolina senator tim scott. now, florida governor ron desantis is making the border a key point in his campaign as illegal crossings are reaching record highs. he says he's going to take drastic action to secure the border. that includes using lethal force against cartels and drug smugglers, an idea he expanded on with in an exclusive interview with abc news anchor lindsay davis can. take a listen. >> we are not going to let our country get overrun with fentanyl. we have tens of thousands of deaths every year now, and it's all coming from across the
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border. >> reporter: vivek ramaswamy also making the border a priority in his pitch to voters. he says if the u.s. is willing to secure ukraine's borders, we should be willing the to do it ourselves here. he says on day number one he would send the u.s. military down to cure the border with or -- secure the border with or without congressional authorization. a take a listen. >> we can use the military to secure somebody else's border, we can absolutely use our military to secure our own border. >> reporter: meanwhile, former president donald trump skipping this second debate as well, citing his commanding lead in polling over his gop if opponents. he is facing several indictments in several jurisdictions, that's something he highlighted in a campaign speech in south carolina yesterday. he says these indictments are just democrats targeting him with political prosecutions in an a effort to stop him from being the gop nominee. >> every time we get a good
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poll, we get indicted. this is high-level election interference, and it's the happening for a single reason, because i'm the only candidate they do not want to run against. >> reporter: and during that debate, trump did address skipping these debates. he equated them to job interviews, and he said right now so far, quote, i'm not too interested. send it back to you. david: bill melugin, thank you very much for that. a new poll showing nikki haley surging into second place in new hampshire, that's just one state. jessica a patterson is the chair of the california republican party, and she joins me now. jessica, thank you first of all for helping us do this pull off the debate in your great state. what do the californians think of nikki haley? >> so excited to welcome all of the candidates to california and in simi valley, my hometown. i think nobody should be surprised by ambassador haley and how well she did at the last
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debate and the work that she's done since then to increase these numbers around the country. david: now california, a lot of people forget, but california was, is the home state of ronald reagan, one of the most conservative presidents we've had at least in my lifetime. and he was overwhelmingly reelected in california. people used to love him, people used to vote with their heart for the conservative principles. are we, as we see so much destruction because of other policies, very progressive policies on crime, on people -- on taxation, regulation, the growth of the huge state of government in california, are people looking for an alternative? do you think we will ever see a republican become governor of california again? >> well, i think it's an a exciting time to be a california republican having an early primary, being the most delegate-rich state with 169 delegates up for grabs. i think what you're going to see if our candidates that are
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coming to the abegan library debate -- reagan library debate is them looking at california and drawing that contest. this is a state that was once golden, and now we're 50 #th out of 50 when it comes to literacy. we've lost 700,000 people and a congressional seat while other more conservative states have picked up congressional seats. we've got rampant crime with smash and grabs and a homeless crisis that we've spent $22 billion on. i think what you're going to see from this debate this week, these candidates drawing a contrast between what california is and not bringing it to the rest of the country. and any one of those candidates could do a better job than joe biden or whoever the democratic nominee ends up being in november of 2024. david: well, when you lay out all those problems, you contrast that with governor newsom saying california's a success story, and he may even try to to run on that in 2024. do you think he is going to try to run for the white house in the next presidential? >> i think he's already running
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for the white house. i think every single one of these interviews, this debate that he's doing with governor desantis, these are all pitches to vice president harris. he's trying to tell the world that he's the number one guy and that he's going to be running for this seat for whatever joe biden ends up not being their nominee. so i don't think there's anyone that's looking at california saying this is the way that we should be doing things. and i think while he's a very good and savvy politician, i think americans will see what has happened to california and why people are leaving instead of choosing to stay in this beautiful state. david: of course, if he runs, we'd have the governor of florida which is gaining people, increasing its gdp by great numbers and doing quite well economicically, generally speaking. we're going to have the governor of california with all those problems, it'd be a good contrast for americans, wouldn't it? quickly. >> certainly. and we lost a congressional district while florida was picking up one. we're on track to lose five more
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by the 2030 reapportionment. i think it would be a deep contrast. david: jessica, great to see you. thank you very much. have fun tomorrow night. appreciate you coming on. a cnn political commentator immediately backtracked after he got caught misleading people about inflation. roll tape. >> the it would be, you know, a great problem for them if while they're doing all of the right things -- and technically inflation is coming down, but people just don't believe it. if they don't feel it, they're going to act on it. >> it's technically not coming down on things like food or energy -- >> the rate of change is coming down. okay, fine. so, you know, the prices are to too high, but -- and they're still getting higher, but they're not getting high as a quickly as they were last year. david: mike murphy, that that's just not true with regard to food and gas. >> that's a great way to try to mislead people or try to come out and and tell a story. the price of fuel is going up. it's pretty easy to tack. the price of oil is up over 90. gas going up, food still going up. so if inflation's under control,
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it's definitely not in new york. and i think the fed is in a tough position right now because they don't want to keep raising rates. i think they've signaled that. but what they've done already, this unprecedented rate hike from 0 to over 5%, it's not having the desired effect just yet. is so i think that's why they're starting to talk about keeping rates up at these levels for a longer period of time, and the market doesn't love that. david: let's get back to the markets very quickly. we are down all across the board today. dow jones is down almost 3000 points right now. -- 300. nasdaq down 160, and the s&p down almost 50. coming up, a new study showing the blue light from phones and tablets may induce, get this, early puberty. and less than half of nurses are fully engaged at a work. doc marc siegel deals with all that coming next. ♪ 'cuz i'm halfway gone and i'm on my way -- ♪ and i'm feeling, feel,,
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points -- 300 points. nasdaq is down 125%, down 16 # # points -- 1.25%. let's bring mike murphy back. even in a market like this, there's certain things you like like microsoft. tell us about it. >> it's been such a huge winner over the past several years, decades even for investors. i think this pullback off much higher levels gives people an opportunity to step in. it came down to this level over the summer and then rally ared off at around $310 a share. so it could go a little lower, still of course, but i think long term when you look at what this company's doing and they're big in artificial intelligence but they also have a strong balance sheet, this is a company that's growing, innovating that i think should be in people's portfolios. david: i know stu still has his. he's not letting go. ge health care. >> newer company, spun out of general electric. it ran up to about 877,
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almost -- 87, listen $88 a share, now it's had this pullback to $67 range. they announced today for the first tame in their short history they're going to be paying a dividend, so i think a lot of people are looking at that. this is a company that's innovating that as we look to solve the health care problem in this country, it's something people can look at. david: costco is now offering its members medical care for, get this, as low as $29. the company's partnering with health care marketplace company sesame. members can get a virtual, it is a virtual primary care, but apparently it's with a doctor, $29. health check-ups for $72. mental health therapy for $79 and a lot more. the program does not accept health insurance, so it's a cash and run. mike, i guess we hear earnings from costco, so how could this affect their bottom line? >> so i don't think it's going to have a near term impact on what they're doing, but i think similar to amazon you're seeing them branch out into another
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area where there is a whole other vertical for them where it could have an impact in the future. i think investors will like this if they can show a clear path to how their going to help their customers and eventually monetize this in the future. david: even people with insurance would be relieved to just be able to pull money out of their wallet like my dad did when he was young and pay -- >> for sure. there's a huge market out there. no one has gotten it right yet, so we'll see. david: this is an interesting solution. bruce willis, his wife sharing an update on the actor's battle with frontal temporal dementia. he says it's hard to know if bruce is even aware of his illness. dr. marc siegel, we care a lot about bruce willis and his health and all of those people, families, etc., who have dementia. what do we know about the condition? >> well, actually, david, we have to distinguish it from alzheimer's because 6 million people in the country have alzheimer's, and only 50-60,000
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have frontal temporal dementia. ftd, as it's known, is younger. usually 40-60 years old. and here's the big difference between alzheimer's and frontal temporal dementia. with ftd, it affects behavior, emotional control and word usage as we've seen with bruce willis not being with able to ec pres yourself properly -- express -- maybe not understanding what words mean, controlling emotions. and as his wife says, maybe not even being aware. with alzheimer's, it's all about memory for the first multiple phases. it's a really tragic disease. 25% of the time we've identified the gene that's associated with it and, david, that's the future. we're going to end up with a genetic treatment in advance of this disease ever occurring. that. david: i hope so. you know, a lot of people might wonder whether they're in the beginning stages of anything. what are the warning, the early warning signs of either dethe men shah or the variety that
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bruce willis has? >> well, the early signs in his case were speech problems and problems understanding and expressing. again, this is rare. with alzheimer's, it's loss of memory, not remembering -- david: you know, forgive me for interrupting, but my mom had alzheimer's, you know that. and one of her first signs was she did have these emotional outbursts, either crying or getting very angry. we've seen that with other people at the beginning stages, no? >> yeah, that's fair. that's fair. it's even more prominent with ftd because of the temporal lobe of the the brain, the side of the brain. but it is true with both. so that's -- you're actually pointing out that you need a really highly trained specialist to distinguish. david: good point. >> i'm just showing that, in general, memory goes first with alzheimer's. and, again, it's much, much more common, or you would start with mild cognitive impairment where you're losing memory.
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but your point is right, it's a gray area between the two diseases, absolutely. david: all right, the next one a new report showing that less than half of nurses are fully engage gauged on the job. unengaged look for a shift to enor focus on the next break, who call off during times of stress and for whom a patient is a diagnosis or a test. doctor, have you seen any nurses burn out like this? >> especially because of the pandemic. especially because in certain parts of the country including north dakota, i focused in on that state, nurses went back very soon after suffering from covid. and they were overwhelmed by covid patients, and they weren't necessarily receiving more compensation, and they were at risk. and we physicians have to be very mindful of this. what is the role of the nurse? are we contributing the their well-being, the their sense of satisfaction? or are we making it worse by just ordering them around? that's a really important point
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here. nurses are on the front lines. they are the primary care providers, not doctors. david: absolutely. >> doctors work in tandem with nurses, it's a team. it must always be a team, and one is not better than the other. david: i want to get this in quickly because we've been teasing it for a while. a new study suggesting that blue lights from iphones and tablets and such may induce early puberty. tell me more about this one. >> well, david, this was done in 18 male rats in turkey. david: oh. >> this follows a study done in 18 female rats, and they got to puberty earlier. i'm going to tell you that studies in rats, especially such a small number, don't automatically translate to humans. david: right. >> so i'm dubious of this. however, it brings up a different point, are i foans healthy in can they cause unintended consequences? puberty, i think it should be investigated further before i would get onboard -- david: but eye problems, i just
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had some eye e problems, as you know, and i wonder whether this had anything to do with it. >> there's no question. i think you're right about that. blue light is not exactly healthy. it's not a good spectrum of radiation, an iphone itself, focusing in all day long, not good for you. i agree. but your eyes are great now. [laughter] david: partially thanks to you. you gave me great recommendations. dr. marc siegel, thank you very much. and we've been showing you the massive influx of migrants in eagle pass, texas. one border agent says the surge is not ending anytime soon. and more than 200 businesses are going to strike in oakland, california, today. they're demanding the city do something about the surge in crime there. i'm going to be talking to one of those business owners next. ♪
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♪ ♪ david: now this, more than 200 businesses in oakland, california, are going to strike this afternoon. it's in response to the wave of rising crime there. ryan dix theson is the managing partner of a mexican restaurant, he's participating mt. strike. he joins me now. ryan, thanks for being here. what do you want to come out of this strike? >> well, the point really of the strike today is just to draw the city's attention to act. the crime here has been increasing over the last 6, 8 months, a year, and nothing is being done. so for our businesses, for our neighbors up and down, you know, all throughout the city, we just need something from the city. and up until now there's just been no action to address this
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issue. david: have they made any attempts to contact you and other businesses to find out what a you need, what you want? >> will there has been minimal -- there has been minimal participation from city leadership, and they have in the times that they have been engaged with us, there's been a great lack of understanding of what is actually doing to us as business owners. david: so specifically, what would you like them to do? what are they doing wrong that you need them to change? >> we need them to do anything. right now they aren't doing anything. that's the reason for this strike, so to say we need immediate action now. and we have, a group of business owners have put together lists of actionable items that the city can do, and there hasn't been any response -- david: like what? what are a couple of the key items on the list? >> police presence, public -- you know, it's a wide-ranging issue, list of things addressing
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public safety and public health. street cleanings, just creating safe neighborhoods, police presence. it just -- right now nothing ising happening. david: yeah. >> if you call 911, you barely get a response. if you have a car break-in, they tell you to report it online and then you can't get online to make that report. a. david: you know, and when you're talking about public health, i take it you see a connection between the quality of life issues, people living on the streets, etc., taking drugs openly and the crime? >> yes, but the crime issue is separate than the housing issues. but, you know, in combination it's just creating an environment in oakland that people don't the want to come and do business with us. david: yeah. >> so that's, the ask is that the city take definitive action
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to make oakland a safer place to be. david: ryan, i know a lot of businesses have left. have you thought about it or are you considering it if nothing changes? >> for us, it's an issue of keeping our doors open, and that's for our neighbors and for our fellow business people that with such a decrease in foot traffic and visitors to the city, all of us are just struggling to keep our doors open at this point. i have business friends and neighbors that are all considering closing and leaving the city. that's what the point of the strike is, is to make the point that if we are not here, we are the heart of oakland. and if small businesses leave the city, there is no heart left in the city, there's no soul. you know, oakland is an amazing, diverse, beautiful, e -- eclectic community, but if we all leave, the city implodes. david: and, you know, what's
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happening to the businesses there in oakland s the same sort of complaints i've heard no matter where you are, the midwest, the east coast, the south, it's happening in too many cities. it has to change. ryan dixon, thank you very much. best of luck to you. appreciate it. >> thank you. ca. david: well, we know where home prices have jumped most in the past fife years, and get this, seven of the ten cities are in california. santa barbara, california, took the top spot with a 5-year change in value of nearly $700,000. i can see out of the corner of my eye mike's shaking his head now. why were you doing that? are you surprised? despite all the problems, the home prices keep going up? >> i'm shocked because you hear all the time people wanting to leave california. i don't know what would make someone want to move to california. i mean, you look at the crime, you look at how the state's been run, i don't know, that shocks me. david: no explanation. mike, sometimes there are the
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just no explanations for the way the market moves. well, look at this, new video showing hundreds of more migrants making their way to the border on top of trains, some waving venezuelan flags. a live report from the border coming next. ♪ ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. i'm going to sell my life insurance cuz i don't need
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♪ david: well, take a look at this, or you won't see it in most mainstream media, hundreds of migrants riding on the top of a train. sources say the train has the u.s. as the final destination for migrants aboard. griff jenkins is in eagle pass, texas. griff, some of those migrants are waving venezuelan flags, right. >> >> reporter: yeah, they are the, david. and the majority of migrants to coming here are from venezuela drawn by the hope of being with released because they've seen so many before them get that. let me show you, david, or let me go to our drone and just show you what's playing out. it's like groundhog day every day here this week only instead of a bill murray comedy, it's a
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humanitarian crisis playing out right here in eagle pass, texas. a drone showing a picture of 100 or more migrants right now along the bank. it's going to be more difficult and dangerous even today because of the heavy rains last night. these river banks are muddy and slippery, and heir going to try and get through that a razor wire. eventually they will, and they will turn themselves in. for context e, the reason why this is it is also a national security crisis along with a humanitarian crisis is that the majority of the agents, 90% of the force which is about 45-50 agents on shift here in eagle pass, are going to be processing these migrants all day long. and that means, according to the officials here tell me that there are more than 60 miles of unpatrolled border right now. and you know what that is? it's a dream she that are you -- scenario for the cartels. the u.s. border patrol chief, jason owens, posted some pictures today showing this fiscal year nearly 70,000 pounds of narcotics were seized between
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the ports of entry. that included 2700 pounds of the deadly drug fentanyl. that's enough fentanyl to kill the entire population of the united states. now, we spoke to texas dps is lieutenant chris oliveras who talked to us about the opportunity this presents the cartels. take a listen here. >> this is a coordinated effort from the mention e can drug cartels and criminal smuggling organizations. they know what they're doing. the areas along the river that are being exploited right now because they're unpatrolled, unmannedded where we see threats to public safety and national security, drugs, fentanyl, criminals, suspected terrorist, cartel members that may come across our borders taking full advantage of the situation. >> reporter: and as you hear that boat patrolling the river behind me, it's going to be a busy day here with that train you showed, those migrants coming here en masse. no signs of things slowing down, david. david: griff jenkins at the border, thank you so much. well, a senior border official
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expects border crossings to remain high in the near term. vice president of the national border patrol council art del cueto joins me now. art, great to see you again. one question, we saw the border patrol, the federal border patrol agents taking down some of this razor wire that had been put up by the texas officials trying to defend their own border. where did that that order come from? >> look, i don't know exactly where that order came from, but people need to understand that that razor wire's already in the united states. so when individuals come to that razor wire themselves, they've already crossed the line of demarcation which is the river itself. so they're already on u.s. soil. so the job of the agents is to, you know, detain these people because they're already on u.s. ground. that's a misconception that a lot of people don't know. now, let me get this, let's get this straight the, this does act as a deterrent because, you know, it has people not want to go through that area and at the same time it controls where the individuals cross. but people need to understand,
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look, agents are just doing their job at that point right there. david: not only are a lot of your fellows throwing up hair hands and saying, you know, we just can't stop it based on the orders given to us, you're essentially being made paper pushers more than border patrol agents, but one thing that's drawing a lot of the workers across are these sanctuary cities like new york that offer a lot of freebies, a lot of welfare spending to the immigrants that come in, and they call themselves sanctuary cities. they could change that designation if they wanted to, but now the governor of new york and others are saying that they're going to expedite work permits, work permits that legal immigrant withs have been trying for years to get. that's against federal law. federal law says migrants have to wait six months before they, after they file their asylum application. so they're breaking the law in order to give people work permits that people legally have been trying to do for years. >> it's a slap in the face for the individuals that actually
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follow the law and want to do things right, you know? these sanctuary cities for the longest time, they were preaching, hey, come one, come all, there's not an issue. then about a week with ago they started hitting up their hands -- holding their hands up in the air going, wait a minute, there's a problem. and now instead of, again, addressing the problem and talking to the administration and saying, hey, you need to stop this, you need to have some consequences for these individuals, again, they're going to put another band-awed over -- band-aid over it concern. david: well and, again, there's a lot of finger pointing going on. but for a governor of a sanctuary state to put the blame all in one spot when they could just get rid of that designation of sanctuary city, there's more than enough money to go around. art del cueto, great to see you. thank you very much for being here. >> thank you. david: now it's time for the tuesday trivia question. which president served in congress after his presidency? john quincy adams, john taylor, millard fillmore or james
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buchanan? the answer when we come back. ♪ ♪ this is american infrastructure. megawatts of power, rails and open road, .. all running on countless invisible networks, making it a prime target for cyberattacks. but the same ai-powered security that protects all of google also defends the systems running america's infrastructure. for these services. for the 336 million of us living here. ♪
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joining a fast growing the course of democrats calling from menendez to step down, mo grossly the progressive side as he faces federal bribery charges. we asked which president served in congress after his presidency? can we put them up please? there we are. who do you think? >> number one, john quincy adams but i had a little hint. david: i will go to number one as well. i knew the answer. i saw the movie, stud and it is in it, john quincy adams defended the people. and we are going to give you a birds eye view of the reagan presidential library. we were one day from the second republican debate. stuart varney, ilia called her own moderating the debate. coast-to-coast starts right now.
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