tv Varney Company FOX Business October 10, 2023 10:00am-11:00am EDT
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10:00 eastern, you are looking at video is really police, intense gun battle as they try to rescue wounded soldiers. defense forces firing hundreds of missiles targeting hamas hubs in gaza. they are in full control of the border. 900 have been murdered in israel including at least 11 americans. one hundred 50 taken hostage by hamas, americans are believed to be among them. president biden will address the nation after two days of silence. let's have a look at the money, the market reaction today 4 of its war. little bit of green, dollars up 67 points. the yield on the 10 year treasury is the real headline. 4.68%, 12 basis points, that's a lot in the bond market. the price of oil $86 a barrel,
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bitcoin around 27,300 as we speak. that israel, the markets. terrorists launch their attack saturday morning, israel occupied the moral high ground. it was an unprovoked attack, innocent civilians brutalized, videos of atrocities circulated online. israelis were clearly the victims. the terrorists and supporters are presenting themselves as victims, they speak the language of victimhood, the language of oppression. that's how they justify their savagery. 31 at harvard put out a statement blaming israel. palestinians have been forced to live in a state of death. cities around the world, crowds of palestinians and their supporters demand recognition of their oppressed status, trying to change the narrative. cnn put out the headline, nowhere to go, ordinary
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palestinians live in fear as israel retaliates against hamas. it's now hamas is the victim of israeli retaliation. >> what i worry about is public opinion shifts and changed because what you see is what's happening in gaza. palestinians are good at spinning it. neil: stuart: the left has never been comfortable with winners like israel. one thing will not change, it israel is are enraged, they are not buying hamas victimhood. the battle for public opinion is about to heat up. in new york city, palestinian supporters want to change the narrative. >> thank for having me on and for your accurate coverage of this horrific horrific time.
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at thousand dead would be the equivalent of 35,000 americans in one day when you think of the relative populations. in jerusalem, what would you want to tell the world, she said big need to convey the brutality of what happened, decapitated babies, kidnapped children and elderly, the desecration of the dead, it is incomprehensible there are such people so there's a story about israel, it is a jewish story but a story about humanity and to your point about changing the narrative and the victim here, when they demand context, when the left says we need to think about these atrocities in context and start to show these images you are right about what's going to come out of gaza they are not just getting the story wrong, they are asking you to make a moral
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comparison between perpetrators of the worst atrocities we've seen in this century and people trying to stop those atrocities and when they ask without moral equivalence they are asking you to relinquish your humanity. the part of you that knows the horrors perpetrated by hamas are not comparable to what israel is trying to do to stop them. stuart: they are trying to change the narrative. the media is getting behind hamas. it is working, hate to say it looks like it is working. >> it's not, not because of the condemnation but the silence from the usual suspects could come out to defend hamas, there's been a lot less of that than there was several years ago, 5 years going different events like this. stuart: you are not hearing from the usual suspects. that's fascinating. thank you for being in contact.
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see you again soon. now this. rnc chair ronna mcdaniel made comments about the war? >> she was on fox and asked a question or the republican president a candidates responses to the attacks on israel, she says a great opportunity to contrast their agenda with the biden administration. the white house to pity press secretary slammed her comments, calling it divisive. she answered the question, it is a battle between good and evil, she has condemned the attacks in israel. this is much ado about nothing. stuart: scott show lady, is this market focused on the war in israel?
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>> it changed the narrative. we went home friday and had the job report, looking at higher rates for a longer and i said on your show and mine every day, if we see interest rates, there will be a big calamity. what happens in the short term doesn't happen when the market has gotten better, the fed broke something or over did it. this war in israel has changed the narratives, it has to call the dogs off of higher rates because higher oil is inflationary, higher wages is inflationary, lower interest rates, everyone is talking about higher bonds, that inflationary but there is no reason to get in front of everything with higher rates. considering what could happen to the global supply chain and higher oil, what that does to businesses, call off the dog for little bit, narrative change to steady as she goes, see what happens in the middle east?
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>> inflation could get worse because oil could go up, piling into bonds, how come if you pile into treasury securities how is that inflationary? >> it was the other way. we purchase a lot of bonds yield go down. yields go down 4. 62 yesterday, people buying bonds because it was a safe haven away because you buy gold. that inflationary, if you see interest rates come down in an environment where we could see more inflation, you see these folks with wages, we have 304 strikes with 499 locations just this year. those winnings could be inflationary. that's a reason to be concerned. and we need to call off those hawkish dogs to make sure
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things are okay. you could see oil go high enough. wait and see. neil: in the meantime expect stocks to go too high. see you again soon. to what's moving in the market today, answer, one of them is rivian. lauren: they are burning through less cash, fundraising it out of the way and don't need additional capital until the end of 2025. lauren: they are in talks to sell their insurance brokers unit, private equity firm for $10 million, this is a 6% gain holds an improvement. stuart: i saw airlines sharpen yesterday, the modest rounds today. lauren: it fell almost 3%, the latest earnings thursday, they are expecting to report a 13%
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increase in revenue, $14 billion. stuart: pharmaceutical pharmacists at walgreens, discussing other they walked out or not. did they? lauren: they want more time to better treat their patients in a nutshell, training for new hires, fewer response abilities, more help with those added responsibilities, they fill your prescription and also bring up the order and keep vaccinations, patients before progress. there have been reports of a pharmacist being overworked, feeling medications, that's a problem. that is a health problem and it is scary. if something like that happened at the walgreens i go to i would go somewhere else instead. i wouldn't risk it. stuart: there is some risk? thanks. now this. the white house says president biden spoke with israel prime
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public appearances, called at 11:46 yesterday morning, didn't take the day off, reported after security team and a call with israel's prime minister netanyahu. do we know what netanyahu told biden? >> the two leaders have been talking about getting on the same page, strong us support for israel as they recover and respond specifically us help getting those hostages out of the tunnels in gaza. part of the problem is the us doesn't know how many americans have been taken. >> we don't know if there are americans in this population of hostages, wouldn't do to be talking too publicly about a hypothetical situation getting ahead of where we are but we will do what we have to do to get those americans home. >> reporter: we got this from the white house, president
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biden and vice president harris will receive a situation update and give direction on next steps, the president and vice president will speak with promised are netanyahu to discuss support for israel and our efforts for partners and allies to defend israel and to deter other hostile actors, the president briefing residence, where president biden sat reports of two days answering a special questions about classified documents, talked about barbecue over the weekend, likely planned long ago, a resident's staff so the interview could happen. they have no hard, tangible evidence that iran was involved in this hamas attack on israel. there are no plans at this point to put us boots on the grounds. on the ground. the state department reached out to families of those
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killed, president biden's first comment on camera since saturday will be at 1:00 pm. stuart: thank you very much. hamas is warning it will begin killing hostages every time a civilian home or building in gaza is attacked without warning and they will do this execution publicly. robert green is able way is director of the heritage foundation who joins me now. how do we respond to to this hostage situation? do we submit to random demand in the interest of getting them back? what do we do? >> i would say it is absolutely correct to deal with the immediate threat from hamas but as winston churchill said, you can't the with a monkey when the organ grinder is in the room. tehran is the organ grinder in this scenario. the policy of appeasement got us to this point. they have to be confronted and we have to contain the conflict so israel can deal with the threat in gaza and we can get
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our hostages back and deal with the situation. neil: would you be in support of a ground attack by israeli troops inside gaza? would you begin favor of that, bearing in mind hostages could suffer badly? >> i don't think there is an alternative. that's what is really is going to do. that is what they have to do. this threat has to be laminated. once we get the hostages out the best way to do it is to be on the ground with ar, so it is necessary. it is unfortunate but that's what the events of the weekend have brought out. . 20 stuart: can israel fight a free front - 3 front war, the rockets are coming out of the north, inland and the south. can a fighter 3 front war? >> they would be challenged to do it and this is where the united states plays a it will roll. if we can support them we can
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prevent this from escalating into a regional conflict and allow israel to focus on the threat in gaza. hezbollah will get into the ray, and potentially the houthis could get involved. if we think they are not infiltrating agents across the border, some of which are already here we are mistaken. stuart: stuart: a barrier group moving towards the mediterranean. would it be possible for us to use our jets off of the carrier, could they get involved? >> no question the strike group is en route and a tremendous display of force, a huge amount of capabilities. hopefully will not be required to be directly involved in the conflict, incredibly important if this escalates. stuart: israel needs more weapons, do we have enough weapons to supply them adequately? >> they need weapons. israel will require replacement of the stockpile of ammunition
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in israel, we need to improve the defense industrial base. the defense industrial base to do it. stuart: we need to pay for which is tricky as well with a democrat in the white house. thanks very much. the crisis at the southern border, the administration may have lost track with millions of migrants illegally. stuart: very good question. according to a 61 page report by gop congressional group, 1.7 million known got aways have evaded us border patrol and escaped into the interior of the us while millions more of unknown got aways have escaped into the country. the department of homeland
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security has reported 5 million border encounters, of those, 2.46 billion had no confirmed departure meeting migrants likely remain in the country, don't know who they are or where they are which begs the question, what would arnie do? arnold schwarzenegger, one of the country's most famous immigrants told the ladies of the view border policy has to change. watch. >> i believe strongly in having a border no one can get through. that's number one for me. number 2 it is important we have visas available for people to work in the united states so they don't have to work illegally. we need the workers here, it is a stupid system that is set up to commit a crime, the system is set up to do something illegally.
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ashley: he emphasized terrorism concerns and warning of a danger when it comes to drug cartels, schwarzenegger also said he would have run for president if allowed to run because he's not a natural born citizen. stuart: neither are you and neither am i and that is the way it is. next case, after two days of silence president biden will address the country on the war in israel. the chair of the house foreign affairs committee will tell us what he wants to hear from the president. new scrutiny around biden's special envoy to iran and this is happening with classified documents which one congressman said this could be one of the worst state department scandals ever. the story after this.
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and the self driving vehicles. and sell cloud services to others. stuart: stock is up. in phase energy. >> solar market in denmark and sweden, up 5%. we want amazon prime day here and you don't think much of it. lauren: seems a little boring. may be a better deal awaits but in the uk there's a strike, 1000 workers will go on strike for four days next month. it will encompass black friday if they had it. stuart: biden's former special envoy to iran facing scrutiny for supporting the goals of uranian intelligence agents. david, he's facing accusations of helping this by ring. tell me more?
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>> he was a victim of a spy ring, suspended envoy for iran in favor of reason having the uranian deal, under fbi investigation and early reports indicate he mishandled classified information. amount has experience with uranian affairs, he's in touch with uranian officials, serving others in the biden administration to the state department, members of congress on both sides of the aisle pressing for information about this investigation following a report over the past few weeks. the report claims a review of uranian government emails that o'malley was the target are possible uranian intelligence operation back to 2014 named at harming the us government. fox news is not independently confirmed this but spokesman offered little information on this subject even to members of
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congress. >> and ongoing law enforcement matter, not something we can get into. lauren: o'malley said i have been informed my security clearance is under review, i expect the investigation to be favorable and soon. his clearance remains suspended, the investigation is ongoing. stuart: congressman mike mccall joins me now. this sounds like a sophisticated spy operation. going back to the obama administration and it is all part of iran and his activities in the middle east which produced this war. >> it is very serious, the special envoy to iran, robert
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o'malley will, was suspended and has a job at princeton university. on mishandling of classified information. there are three individuals he's working with with this group, with uranian foreign minister, one is the chief of staff to the secretary of defense to support such operations. testify before my committee. it is disturbing when you look at the damage he has done, $6 billion now, you see what they are capable of doing, hamas killing israelis on the streets, they don't need $6 billion more. we are on top of this.
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stuart: the president speaks to the nation at one:00 p.m. eastern today. what do you want to hear from him? >> a couple things. one, that we are going to show force in the region to defend and protect israel, that has bola and iran need to stay out of this and 3, that it is not going to end in a couple days. the american people and the world need to know as the idf goes into gaza house to house trying to save civilians and hostages, they can't just bomb indiscriminately. it's like falluja in 2005 where they clear houses and save americans, israelis and hostages and kill terrorists that occupy the gaza strip. stuart: i want to hear about iran. will a president say what was iran after all?
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the washington post said iran played a key role in the attacks on israel. i want to hear some clarity on that. >> they don't want to answer the question. they want to appease iran because they want the uranian deal with the nuclear weapons program but the fact is all roads lead to iran. the funding comes from iran, the weapons come from iran. they don't give hamas weapons if they don't intend them to use them. in iran, certainly behind this. that's why the ayatollah is celebrating and saying death to israel, and you see that happening. with these pro palestinian protesters taking the side of
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hamas over the victim israel, even the un secretary-general is showing sympathy for the palestinians over israel. get ready, because that's going to be the international narrative. stuart: thank you for joining us. robert f kennedy junior is running as an independent. he has been criticized by everybody. stuart: ronna mcdaniel says robert f kennedy junior, may switch to an independent, a democrat and independent's clothing is still a democrat. daniel says rfk can't hide his record, and praising aoc tax hikes, typical elitist liberal
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and voters won't be fooled. daniel is not the only critic we should point out. members of kennedy's own family denounced the move calling it dangerous to our country. a statement assigned by four kennedy siblings, they share their father's name but he does not share the same values, vision or judgment, calling his move to independent is deeply saddening, kennedy joined fox and friends this morning to respond. this is what he had to say. >> i love my family. every family has disputes. all the issues my father believed in and my uncle believe then, if you went down and checked the box, i would check it, so i believe i am aligned with those things. neil: his trying to paint himself as someone who can appeal to democrats and
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republicans but no one seems to like him. stuart: he is shaking things up. families of us citizens missing in the war are pleading for the return of their loved ones. how do we get them out safely? rand paul takes that on in the next hour. as the battle between israel and hamas terrorists anders day 4 we will speak to a man trapped in israel. coverage of the war continues, stay with us. ♪
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are, or whether they will be released. >> family members, to be held in gaza and americans pleading for the return, he was on the phone with his mother when she was abducted and increasing number of family and friends, excruciating stories of their missing loved ones. hirsch was attending music festival when invaded by terrorists. part of her son's arm, and taken hostage. she received two text messages saying get i love you and i'm sorry. >> i took it to me and i love you and i am sorry, whatever happens causes you chairman to spain and worry. >> many horrific videos emerging showing men and women and children, taken captive by
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hamas, hamas is holding 150 soldiers and civilians, and if israel strike civilians without warning. her family discover her brother, a video appearing to show him being marched through the streets. her brother was already attending music festival, and they've not heard from him. >> a lot of disturbing videos and pictures. can't watch this video. >> a couple years ago there are any minor -- number of americans remaining in video, talking to some of them and more difficult as airlines like delta and america stopped flights to tel aviv.
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stuart: i want to bring in rabbi lightstone. you are trapped in israel. describe what you are going through right now. >> 15 minutes ago we came from our bomb shelters and have been there, the house is shaken, the iron dome intercepted the missiles that lie ahead, the coverage seeing on split screen, missiles that have been launched from gaza to civilian areas, if you have ever been in a bomb shelter, that is as terrifying as possible. stuart: how are the people of israel taking this? >> the people of israel are the most resilient people i have ever seen. i remember walking around dazed and confused, never been more proud to be an american, similar to what happened on the
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sabbath, it was a bewildering sunday, the same thing that started yesterday, they know they have the moral high ground but they know that the people who care about good. stuart: we've put many other people on the show on this program who are suffering inside israel in bomb shelters, watching out for the rockets. they give the impression to the people of israel, and raged and want to go after hamas. is that the common feeling of the israeli population? >> the jewish population across the world, since the holocaust we've not scenes seems like that since we've seen in the last 16 hours. toddlers being kidnapped, just 73 minutes, based on my clock, israel opened up one of the
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communities south, they've seen over 40 babies murdered by hamas, many decapitated. the press were unable to articulate, if we were not watching these stories, looking evil squarely in the eye, i don't think israelis are enraged, the world is and raged. this is not freedom fighters. stuart: if israel goes into gaza and the ground operation, is israel prepared to pay the price of doing that? >> is israel prepared to pay the price not to do that? over the course of the last we 10 years, there's been the concept of, the acceptable amount of bombs which is insane and irresponsible and bankrupt. not for the sake of israel, but the sake of civilization.
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they are lobbing over missiles 2 or 3 years. it's not acceptable because it's -- israel knows, he has the will to do it. the leaders will be their too. stuart: will you prevail? >> israel will prevail. multiple husbands and children, in some cases grandfathers could run through the list of cars in front of the bases four or five kilometers long, you reported beautifully over the last year that conditions in israel. i've never seen them so united as the last 60 hours or the jewish people so united, good versus evil and it feels good to be on the side of good and we hope and pray it eradicates them. stuart: thank you very much for being on the program and telling us how it is. we appreciate it. see you again soon.
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the hamas terror attack marked the single day mass murder of jews since the holocaust and according to harvard elites israel is to blame. we are all over that. john kirby says president biden views climate change as the greatest threat to our world. brian kilmeade on that next. ♪ ets for ransomware attacks. but there's never been a reported ransomware attack on a chromebook. which is why thousands of schools like the fairfield-suisun unified school district switched to google tools for education. so they can focus on teaching and 22,000 students can focus on learning, knowing that their data is secure. ( ♪ ) it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan.
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stuart: check the 10 year treasury yield still coming down, 13 basis points, 466, that is where the stock market is rallying modestly but that is where the market is rallying up the price of oil, $86 a barrel, 85 right now. that is probably helping the market. it is coming up on 10:51. that means brian kilmeade, will miraculously appear in three seconds on the right-hand side of your screen. there he is. president biden thinks climate change is the greatest threat to the world. watch this. >> does the president stand by that comment? >> absolutely, climate change
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is an x essential threat. it threatens and is capable of wiping out all human life on earth. >> reporter: she said was more frightening than a nuclear war. it's more frightening than a nuclear war in this moment? >> the president believe wholeheartedly that climate change is an x essential threat to all of human life on the planet. stuart: we've got two wars in the new world order, climate change is more dangerous. brian: climate change is more dangerous to our economy and welfare and sovereignty than anything else, because with what he has been sacrificing in our economy and spending to ferment a policy, i don't even believe he believes, this guy has been around since the 70s and 80s, bill clinton jumps on, now the doctrine of the left led by aoc who walked in at 32 years old with a developed plan and suddenly we are adopting it.
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president biden has been told that is it. i don't know, has a barbecue on sunday with the band blasting on the outskirts of the white house lawn, that's the same president of the united states who could have lived on it on 12:15 because he had an interview with robert berne, i am pretty sure the investigator looking into his documents by his corvette and elsewhere, pretty sure robert will come back a different day, a potential world war at stake. the lid went on earlier the president will speak later today. if you look at the iran policy, he does not fully understand and the people around him the danger of the region. stuart: he has got to address iran because iran is emerging as the spymaster in chief, the financier, he has got to address iran and tell us what he's going to do. i think that's one of the most important thing he has got to do today. >> he has to say this would i talked to a lot of weapons
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manufacturers, quadrupling the pace at which we are manufacturing, not only in israel, and weapons stuff, talk about how we have to get on war funding, ask for additional spending. i would hope he says a little bit to condemn those in his party who are disappointing him with their pro-palestinian comments and displays. keep in mind the first amendment, to see the big pro-palestinian celebrations for the horrific carnage we witnessed in israel, in los angeles and four blocks away from us in manhattan. stuart: larry summers calling out the school, the silence from harvard leadership coupled with widely reported student group blaming israel solely has
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allowed harvard to pete appear at best neutral toward active territory the jewish state of israel. harvard put out a statement on the war. in my opinion the elites turned into a bunch of cowards. maybe that's a bit strong but what say you? >> they seem comfortable being anti-american. it makes sense to them. i don't get it. i did ta gallup poll as things were spinning up, benjamin netanyahu speaking at the un. i did and interview with nato secretary looking up different sentiments when it came to the palestinians and turned out the palestinians and their cause has more popularity resonating with 35 to 45-year-olds among democrats in our country, 24% approval, 54% approval, for larry summers to spend time at the institution and not realize the pro-palestinian movement at
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that institution in harvard and it is somewhat surprising because he had not been paying attention to the best political science department and for the next generation. i couldn't agree that he's upset be i cannot believe he's really surprised by that. anything anti-american or anti-american allies they are thoroughly comfortable with taking on. pro-palestinian movements at the uk to see those demonstrations. stuart: the rise of anti-semitism is a terrible thing. out of time. see you again soon. still ahead. senator rand paul on american families asking biden to bring their missing loved ones home. the pro-palestinian demonstrations in america and charles payne on the impact of the war on the markets. that is next. ♪
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