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tv   Varney Company  FOX Business  October 10, 2023 11:00am-12:00pm EDT

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the entire hamas leadership needs to be completely wiped out. >> this is more than anyone could possibly even fathom. it is a massacre, it is more than a war.
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we are fighting barbarians. the people of israel and jewish people are strong. >> when the left says we need to think about these atrocities in context, they are asking you to make a moral comparison between the perpetrators of the worst atrocities we have seen in this century; right. and the people trying to stop those >> they're calling for peace but there was no peace for israel before. looks like the israeli people have reached their breaking point. >> stocks are going up despite war because yields are dropping. that's not normal. stuart: it is 11:00 a.m. eastern time and tuesday, october 10. smoke rising over gaza city as israel's military continues to fire missiles on hamas tactors. israel just announced an air strike killed two senior hamas leaders. we'll continue to bring you the latest breaking news as the situation develops.
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quickly check the markets, it's a very modest rally, mainly because the 10-year treasury yield is down. start with stocks, the dow is up 1340, nasdaq -- 140, nasdaq up 100 points. show me big tech. where's the situation there? mostly higher, only one loser and that's microsoft, which is down a mere 34-cents. show me that 10-year treasury. the yield is all the way down to 466, that's a sharp drop. could be a flight to safety. people pouring money into that particular security. that raises the price, lowers the yield. but nonetheless long term rates, down a little this morning. and now this: two hours from now, the president will address the nation on war in the mideast. in the background, american hostages believed held by islamic terrorists. his remarks may therefore be constrained and hostages give the terrorists leverage, but there are things he can and must say. what level of support will
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america offer prime minister jet ya hue. will -- netanyahu. will the support stay rock solid if they level gaza and what role did iran play in the role? he should tell us and "the wall street journal" and washington post have publish the details of the training and finance that the irans supplied. let's hear it. identify the enemy. military spending, will the president call for more? the war in ukraine drained supplies of ammunition and equipment, we've promised more for israel as well. it will be good to hear if the president is prepared to pay for a military buildup. would he take money from his green new deal? the world will be watching the president's performance. judgment will be made not just on what he says but also his demeanor, how he speaks, how he looks. he needs to be robi robust and fuscoused and has to convince us all he's capable of leading in a very threatening world. third hour of varney starts now.
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stuart: jimmy failla with us this tuesday morning. >> doo to see you. stuart: what do you want to hear from the president today? >> everything that's opposite of what he's been for the last two and a half year years, for real. strength at podium and condemnation of what's going on in the democratic party and people like rashida tlaib flying the palestinian flag outside of her office and it's disgraceful. the message that we acceptable to the world right now is so important because we need american strength on the world stage because the lack thereof is what's created the vacuum that's causing this. afghanistan was the first domino and it kind of knocked over the tom know that fell -- democrat know that fell into ukraine and china circling taiwan and we are where we are in israel. to be honest with you, i feel like this was avoidable. stuart: i understand that but he's got to be constrained
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because of hostages. >> yeah. stuart: how do you get them out? what do you do with them? that constrains his ability to speak up. >> the other thing that constrains his ability and the fact we handed over $6 billion for the last round of hostages. we were all openly saying that they were encouraging maybe even incentivizing this sort of thing. when yo put such a price tag on exchange of hostages. that's my concern right now is they have our people, okay. you noisy recordings know, we need issue -- you know, we need to do something tactful given the circumstances but they don't understand diplomacy but they understand strength. we need strength. you cannot negotiate with people bombing civilians. there's no level of discourse that makes them suddenly value human life. they clearly don't have that value so we shouldn't start there in the negotiations. stuart: he's got to rally the world morally. when you see what's going on in israel, the brutality, atrocities. >> horrific. stuart: he's got to rally morally around the israelis and
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condemn what hamas is doing. that's a very difficult thing to do. >> it saint easy but it's one of those moments to put your political differences aside and hope you can rise to the occasion. i mean, i'm not betting on it in vegas, but i'm hoping. stuart: what -- you're in new york. what do you make of the pro palestine demonstration we're seeing here and around the world? >> listen, there's never been a dumber time to be alive than the moment we happen to be living in right now because when you get out there and protest on behalf of what's going on in hamas. you're weapons-grade stupid and we saw a sign fly in time square over the weekend of gays for hamas. gays for hamas is like chickens for kfc. they'll stake your support but they're not going to actually tolerate your wellbeing, okay. it's stupid. but so much of our politics has become a branding exercise where we align with one side regardless of the human cost of what we are actually aligning ourselves with. we think in our brand maybe not you or me, but these people think it's hip and cool. well, you know, israel is the
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bad guy here. israel is not attacking civilians. israel is not putting their weapons underneath hospitals and encouraging a human civilian toll because that's their biggest currency in the media. to be honest, it's disgraceful and i hate to have to take that tone because i come on the shows and look like i get paid in tequila and tide pods but this is where we are. it's gross. it's gross. >> thank you for bringing your sense of humor to the show. i'm not facetious. you kepted it in check. >> today is not the day for comedy. i can adult if you need me. lauren: video of pro palestine protest and had covid masks on covering their faces. why? so their employer doesn't see them doing this? why would have that masks on like that? doesn't sit well with me. stuart: there's the pictures. were there actually signs gays for hamas?
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>> yeah, we looked at it on twitter and talked about it on the radio for like three hours and this sin sane because they're not a peep that tolerate you and don't acknowledge your right to exist and don't treat women fair either and these are despicable people. stuart: he's got to rollly the country moral reigns leading around israel. >> yes and he has to rally the border because we have so many people coming across the border unchecked from regions where these terror groups exist. there's been a dereliction of duty at southern border and we've been calling it out for years, but this is a make or break moment now. stuart: okay. i'm going to turn our attention to the market now. mike murphy with me for the hour. anything you'd like to say about what you expect or hope from the president today apart from the money side of things? >> yeah, i mean, you guys kind of touched on it both, but really we need leadership. we need a message that's going to reach out to all people and not talking about left or right or what side you're on but ta talking about killing civilians or babies or raping women. we stand against that, and
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everybody should be able to align behind that. that's not something we want to believe in. if he can come out and give that message or give some sort of a -- come across with some sort of strength, that'll be good. i don't know that he can though. stuart: we shall see in about two hours time. turn our attention to the market, please. that's a modest rally going on right now. stocks are being kind of in the doldrums for a bit. what do you see? >> modest. almost a percent on s&p. that's a step or two above modest i would say. that's a nice rally. stuart: do you think earnings season, which is about to start will lift us to higher ground? >> i co. i think a lot of the concerns that cause this recent selloff that we had in the market, now the market is looking past that. we know that the fed is at or near the end of their rate hiking cycle so we know that the economy is okay. it hasn't been completely thrown off the rails so when you look at earnings, we herd from pepsi this morning and put out a good
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number and raised guidance. they see good news going forward. if we have more companies talking about the future looks bright or better than expected, lookout for a nice rally. stuart: it is extraordinary that there's two wars going on at the moment and most recent one is four days old. you've got this new world order threatening all of us. yet the market did not take a big downturn. just did not do it. >> yeah, there's -- unfortunately, stu, when something like this happens, unfortunately war has happened but fort notly for the -- fortunately for the market, if there's a short term hit to the market, it rallies and people are looking past that or learned to look past it. stuart: looks like it. thanks, mike. you're here for the hour, don't go anywhere. >> yes, sir. stuart: lauren is looking at movers and look at target. i think it's up. lauren: up 4%, its best day since last november. stuart: that's not modest, that's a solid gain. proceed, please. lauren: why look, macys higher by almost 2%, kohls up almost 3% and dollar tree, dollar general
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all solidly higher and pepsi koenen speaking about the resilient consumer and maybe they are. cpi data is thursday. stuart: they've got pricing power. pepsi has pricing power all important in the situation and maybe dollar tree and dollar general do as well. lauren: they've raised to $1.25 and more. stuart: video game people. lauren: b of a says buy them after launch of stalker video game and set 11 million downloads in two days time. stock is up. stuart: junety software. lauren: look at stock go up over 4.5%. the straw that broke the camel's back or his back would be the fact that unity had their video game developers pay per download rather than a flat fee. they got really mad, major backlash. the company had a reverse course and just a loss of customer trust. he's out. stuart: he's out, stock up. lauren: yep. stuart: simple equation. lauren: usually the other way around. stuart: founder ovloved ones missing in israel are pleading for them to return home safely.
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roll tape. >> hundreds of heavily armed well organized terrorists walked, road, ran over the border with one object in mind and that's to kill, maim, and destroy civilian life along the border. stuart: senator rand paul will pick his opinion known on this. he's on the show shortly. overnight, israeli forces regained control of key areas along the gaza border. looks like they're planning a ground assault to destroy hamas. greg is live from israel with more after this. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great.
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strike killed two hamas officials. set the scene for us, greg. reporter: hey, stuart, we're about a mile and a half away from gaza. aquamanile we have seen -- you can imagine we've seen a lot of action today. first, a lot of israeli air force fighter jets screaming overhead and landing explosives throughout the gaza, i would think, 250 targets hit today alone and they call it the infrastructure of the hamas militants there. but they've been going the other way. we have seen rockets go from gaza into, into israel. one major city of ashkalon say a
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rain of rockets an hour ago and luck reigns leading the israeli -- luckily the israeli defense surgeries the iron dome was very active in shooting down just about all of those rockets, but those rockets reached all the way to tel aviv, to jerusalem and to the airport. very active. we are here in this town as you note, and it is for the first time today according to the israeli military, secure this town and about 21 others. there was a something on the other side of us that was literally freed today and it's amazing to think we're in day four of this battle between israel and hamas. you talk about hostages that remains one of the big, very tense stories. hostages taken from this town and elsewhere and you noted it's not just israelis but we believe americans and other nationalities. so the entire world has a stake in what's going on across this
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border right now. it's why israel is being a bit careful. we have seen a buildup of tanks and armor personnel carriers and other heavy, heavy, heavy duty equipment being moved in place in case the decision is made to go in on the ground, but right now that has to be weighed against lives -- well, palestinians but hostages for sure. stuart: greg, thank you. american families are pleading for the safe return of their loved ones currently missing in israel. watch this please. >> the optimistic scenario is that she's held hostage in gaza and not dead on the street of the area we grew up in. >> hundreds of heavily armed, well organized terrorists walk, rode, ran over the border with one object in mind. it was to kill, maim, destroy
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civilian lives along the border. >> we are asking on behalf of my family for president biden, we assure his hardest pleasure when it comes to israel and secretary of state to do what they can to make this end for us as soon as possible. stuart: republican senator rand paul joining us now. mr. senator, what should the priority be here? bringing the hostages out or destroying hamas? >> well, i think it has to be both. obviously we have a great deal of sympathy -- stuart: can they do both? >> well, that's more of a military question and a great deal of sympathy for those captured and that seam series you showed this morning, there was a young man they say may have lost his arm, tied a tourniquet on and may well be alive in there. we want to rescue and have to do everything we can to rescue those alive, but it'll be very difficult. it's a city of several hundred thousand people and tunnels everywhere, people everywhere,
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but ultimately you can't let people do this either. i don't know who was in charge of the decision of hamas to think killing women and children was going to further their cause around the world. stuart: i don't think they care. >> but the thing is ultimately this will unify -- i mean, if 9/11 helped unify people against radical islamist, this will radford fio the world -- ratify the world against this. stuart: the president in his speech has to bring the moral high ground to israel and to america. seize the moral high ground and oppose this brutality. >> yeah, without question, there's a moral high ground. we're talking about hamas killing women and children and civilians. i have three sons who have been to music festivals in the united states, these two, three day festivals and i know about kids going to music festivals to have a good time and have armed gunmen come in and shoot unarmed young people dancing to music down there just to shoot them point-blank, shoot them in the head, do awful things to them and to their bodies. these are people without a
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conscience and they're destroyed by their actions. stuart: the president has to address iran. articles in "the wall street journal" and washington post outline the central role that iran played in organizing and training for these attacks. he's got to address that. >> i think so. i think at the same time we have to be careful of rash voices that say we need to bomb teheran now. we need to be very certain and evidence does make a difference. remember after 9/11, people said iraq did it and wasn't true and pointed them in the wrong direction. we need to make very sure it is iran. let's look at the proof, and there will be proof, but it will require the type of investigation at looking at bomb parts, looking at serial numbers and finding if it did and then there will be repercussions for this. i just hope it isn't half caulked. the real priority is the hostages in gaza and punishing the people and making sure this doesn't happen again. stuart: you have a new book
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coming out shortly i believe. it's deception: the great covid cover up. do you supply evidence here that is was indeed a wuhan lab leak? >> without question. we also have discovered that there was a cover up within our government starting in february of 2020 from the very beginning, anthony fauci knew he was involved with funding in lab and he did everything possible. it's throughout our government, eight different agencies in our government are covering up their support for this lab in wuhan. it's ongoing as we speak. we've had unanimous congress declassify the information. i have classified -- unclassified information being withheld from me to this day. we have evidence, yes, that they were dishonest, that anthony fauci lied in hearings to me, which is a felony, punishable up to five years. we now have e-mails that show him saying that he knew it was gain of function, that the virus looked manipulated, and he was worried this came from the wuhan lab february 1 of 2020. then he spent the last three
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years saying nothing to see here. we also know there was a safety committee that should have reviewed this and we know that anthony fauci went around the safety committee. the safety committee set up in place to make sure this didn't happen. never saw the wuhan funding because anthony fauci allowed the funding to go around the safety committee. this is a bomb shell revelation and this will eventually bring down anthony fauci. stuart: deception: the great covid coverup by senator rand paul. thank you, senator. appreciate it. in about 90 minutes, president biden delivers remarks on the terrorist attacks in israel. jackie heinrich has the latest from the white house after this. ♪
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stuart: on the markets, it's a modest rally. stuart: it's a selloff and now people are driven back and buying and this is part of the program that long time viewers like. stuart: you get mike murphy's stock picks and he likes pepsi, which happens to be up this morning. that's one of your picks ofs
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day? >> correct, pepsi announced earning ands came in with a good quarter, beat analyst estimateses but they raised guidance going forward and over the next three months, we expect a better picture for the bottom line and stocks 10% off recent highs and down 10% year-to-date and it's a place people can look for growth and they already -- we already have the earnings release and no negative surprise. stuart: safe growth. instacart. >> we covered the ipo a lot. came out at 30, rallied up into the low 40s and sol awed the way back off. this is a name we own and this is something that i think got too far ahead of itself in the private markets and then it got too far ahead of itself to the downside in the public markets. i expect analysts to support the stocks and they're profitable and a lot of growth in front of instacart. stuart: going above 30? >> it will. stuart: that was dramatic, it will! i like a man of certainty.
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thanks, mike. in about 90 minutes, president biden delivers remarks on the terrorist attacks in israel. jackie heinrich at the white house. jackie, what can we expect to hear from the president today? reporter: this will be the first remarks since the attacks happened and we expect him to broadly underscore support for israel and condemnation of hamas, he needs to speak to the americans killed in this attack and the untold number being held hostage right now. >> he'll talk about how we will continue to solidly stand behind israel and there's a fresh tran much of israel and the importance of making sure that we continue to find out as much information as we can about american citizens that are in israel. sadly 11 were killed and we expect that number will probably go north, again, sadly. reporter: biden my also address why he appeared to be missing in action as this all was going on. more than 20 hours after the snagsal security council
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confirmed the first nine americans killed, the president still had not issued a paper statement even. his twitter account was pumping out tweets and jobs and the economy, which may have been prescheduled and on saturday after all this began, there was a barbecue on the south lawn with a live band. the president spent sunday and monday being interviewed by special council robert herr on the classified documents case and the white house twitter account put out an eight part thread yesterday detailing the briefings he was receiving from the national security team and conversations he was having with foreign leaders about what was going on. one unanswered question is why in the joint statement we saw come out yesterday from five of the seven g7 countries, why japan and canada were apparently left off of that. whether they even asked to participate or what happened there. so it's possible the president might take questions in this event and that's only one of them we hope to get answered. stuart. stuart: got t jackie, we'll see what happens later.
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1:00 p.m. eastern. back to the markets, please. look who's here now. charles payne, the man himself is with me. i'll make a broad statement to kick this off, this war doesn't seem to have had that much impact on the stock market, what say you? >> that's not unusual but if it drags on, it could. going back in and i have a list of history. really the last time a war had a major impact or major sometimes during the vietnam war. the ted offensive, we were down for awhile, 46 weeks, trading days and cambodia. since then, all though, listen, if even oil is down today; right? stuart: $85 a barrel. >> yeah, but if it does drag on, if iran somehow if there become as clash with iran, if mesh gets involved, there's a sort of -- it's not over. we can't just say, okay, it's one and done. it depends on how it goes on. we've seen this time after time after time when these things have a knee jerk reaction and the market continues to go on it
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is own way. stuart: i remember the first gulf war, the moment -- the runup to the attack, the market went down. >> right. stuart: but the moment the bombing started of baghdad, stock market went straight up. >> yeah. stuart: let's see what happens today. i want to talk about your book. it's called unbreakable investor. okay. give us 30 second elevator pitch. >> the 30 second elevator pitch is my book before this was unstoppable prosperity. to get there, tough be an unbreakable investor and a whole lot of people watching this show may have got into the markets over the last few years. felt good at first, we had a pretty good time and the markets going straight up and all the sudden people realize stocks do go down. there's so many factors out there. you know, i have my own research firm. i've been doing this over 30 years. i've been talking to individual investors every single day for over three decades and i know what makes them tick. it's not just the xs and os. 40% of this book is about your emotion and containing those emotions, not being drawn out of
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this market. the ways to do that obviously is intelligence, knowledge of history, knowledge of what you own because you're not playing the stock market. don't even look at symbols. you're part owner of these companies you're buying. >> this is something mike does. mike invests in companies. i want people to understand that because what happens from day-to-day doesn't change the potential of the companies. i also have great stuff on -- i'm talking about another aaron rodgers and robert 2020s, oring 2020s and -- roaring 2020s and all we need is the right president. i have a whole chapter on the federal reserve. stuart: okays the roaring 19 20s, you think given a different pperspective and president, there's another roaring 20s? >> it's 100% ready to go. in the parallels from the recession in 1919 from the spanish world war i to spanish flu to one president who was antibusiness to a president who was pro business to one who was even more pro business, everything is identify cal.
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what was amazing about them is life expectancy jumpedded. there was no decade when our life expectancy jumped greater and prosperity was greater. people end up owning cars. i mean, it was just absolutely amazing. stuart, we're right there. we're at the fourth industrial revolution. the cautionary tail, trillions will be made and trillions will be lost. stuart: you got to address debt. i mean, in the 1920s, i don't believe we had much debt, maybe hangover from the first world war may recollects i don't -- maybe, i don't know. now we're saddled we normouse debt. >> yeah, that's a really dangerous situation, i don't know when that will hit but there's a whole chapter on the federal reserve and everyone must understand. first of all, they're far too powerful. no other central bank has a dual mandate. you know, i blame congress. congress kicked that responsibility to the fed in 1977. they shouldn't be worried about employment. they have -- they keep getting more jobs.
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anyway, it's great. i have a whole chapter on warren buffett. original diamond hands. a lot for people to learn and i'm thrilled about it. stuart: you've got to tell me about you've got a town hall on this network october 19. again, a 30 second elevator pitch. >> based on the book, unbreakable investor and last one was standing room only and impromptu book signing afterwards and it was phenomenal. stuart, it'll be a great time. there's a live audience. i want people to achieve financial success, but it's not just financial success. i'm talking about raising the platform, raising a foundation for the next generation. that's what this is all about. you can do it in this country. no greater money making machine in history than the stock market. it's a shame. when i hear people tell me they're not in the stock market. i want to scream, the moment you woke up this morning you were in the stock market and now you've got to make money from it. october st.. stuart: town hall, charles payne, october 19. don't miss it.
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i'll watch you this afternoon. >> we have a great show. fantastic lineup today. stuart: thank you, charles. coming up, senator lindsey graham going after the squad accusing them of siding with terrorists. watch this. >> to the squad, shut the hell up, you're elmore bolding the enemy, you're a disgrace to the united states congress. you're siding with terrorists over democracy called israel. stuart: powerful words from the senator. we'll tell you what else he had to say as well. 4,000 union workers on strike at mac truck facilities in florida, maryland, pennsylvania. they rejected a proposed five year deal. jeff flock at mac assembly plant in pennsylvania with the latest after this. ♪
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♪ i'm gonna hold you forever... ♪ ♪ i'll be there... ♪ ♪ you don't... ♪
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♪ you don't have to worry... ♪ stuart: 4,000 more uaw members reason strike after reject ago
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deal with mac trucks. jeff flock is live from a mac assembly plant in pennsylvania. tell us about the latest strike, jeff. reporter: yeah, another week, another strike. strike for us here on fox business network, stuart. this is the mac truck plant in pennsylvania. this is not related to the strikes, the uaw is carrying out against the big three. this is where they make the big trucks and they had a deal, the weird thing, they negotiated a deal between uaw management andment management of the company and thought it was good. when it went to auto workers or the workers at the plant, they voted it down. take a look at the statement from shawn fain, uaw president and in a letter to volvo, the uaw voted down the tentative agreement on sunday by a 73% no vote and the highest% in the union they have the highest word
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and fain is inspired by what the workers did in voting it down but it's a black eye for the folk that negotiated from the union. the company says, i "quote them now"we're surprised and disappointed they decided to strike, which we feel is unnecessary". mack truck is a legendary brand now owned by volvo and one here and another one in pennsylvania and a couple plants in maryland and another in florida. what is this costing mack? well, at this point we don't know that but we know the other strikes are costing the big three about $2.5 billion so far, maybe a bit more. suppliers because of layoffs, another billion and a half. dealers because of the lack of vehicles and lack of parts at those truck parts locations about a billion and a quarter, and then lost wages from the uaw workers, that's about half a
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billion down the drain for them. mac is the only big heavy truck maker assembling both of vehicles and engines in the u.s.. they're competing with other companies companies outside of the u.s. and they want workers to get paid as much as they can, but it's a competitive environment and you don't want to put companies out of business. it's a tough one. stuart: jeff, thank you very much indeed. mike murphy with me. me. we're talking about level of strikes going up and the workers go on strike. >> it's felt by blue collar workers on strike. they need more money, price of goods goes up and they can't afford and they get together and ask for more wages. what happens sometimes is as the workers, the employees push or ask for too much and the companies that they're working
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for, when they do ultimately give in so the business can run, they then have to fire people because there's only a set amount of money they can afford to pay their employees and still be profitable. stuart: thank you, mike. new details emerges of general motors latest deal with the unions. ashley, what was their latest offer? ashley: most gm employees will receive a 20% wage increase with a 10% hike in the first year. nearly all uaw employees will make $39.24 per hour or $82,000 per year in base wages by the end of the agreement. temporary workers will also see wages increase to $20 an hour. auto workers will receive two weeks of paid parental leave and up to five weeks of vacation and no change to healthcare
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premiums. the uaw started striking against ford, gm and stellantis in mid september and each auto maker made several counter offers but none of the offers have been accepted so far. stu. stuart: got t ashley, thank you. it's that time, 11:45 when we show you all 30 of the dow stocks. it looks like a winning day, doesn't it? 26 winners, four losers, the dow is up 0.72%. i'd call that modest to solid, would you get on board with that? >> that's a solid rally. that's a nice day and, stuart, if you look back at last few days after that selloff, we had in september, had a nice little rally on our hands. stuart: up 244 on dow industrials. elsewhere, heavy fighting continuing in gaza and hamas terrorists say they'll kill israeli prisoners every time they bomb a building.
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we speak to a guest with feminize real. he way -- family in israel. he weighs on in that next.
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stuart: hamas threatened to kill israeli hostages every time a building is bombed without
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warning. we have a former israeli diplomat with family in israel and he joins me now here in new york. are the people of israel enraged at what's going on there? is there a sense of rage? >> anyone, grief-stricken, incredible sorrow. i can describe with tearful eyes and filled with fire of determination and resilience. i can show you that just this morning i received this note that was written by my 4-year-old niece to israeli soldiers on the front lines that reads my dear soldier, thank you for all that you do for us. this is the nature of our people at the moment. stuart: they're enraged. are they prepared to pay the price that would have to be paid to destroy hamas? >> is there a heavy price than the one we've already paid. the number of israeli casualties murdered, butchered, massacred will reach 12-13 0e 0. what more can -- 12-1300 and
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what more can they pay with barbarism. stuart: they're absolutely going to destroy hamas? >> the voice of the people in the south is clear. at the end of this round, there cannot be an entity called hamas that needs contended with. this reality is over. after the massacre that was conducted in our towns and villages with atrocities that are undescribable, which i will spare our viewers, but i have seen the sights that i wish i could unsee. the reality cannot go back. back to the way it was and this is what the people demand and political chaos in israel, that's over. stuart: you want to hear from our president in one hour, just one hour and ten minutes, you want to hear a firm commitment to the destruction of hamas? >> a firm commitment to stand by israel and the realization that hamas is not just an enemy of israel. this is a fight that we've heard about american hostages, we've heard about americans killed,
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british, german, this is a fight for humanity and for the world and west and this is a battle that needs waged. it's not a regional local confrontation. it's far greater than this. stuart: let me read you what's happened here, leaked e-mails show the canadian broadcasting corporation told reporters not to use the word terrorist in their war coverage. executive at cbc wrote to employees "do not refer to militant soldiers or anyone else as terrorists. the notion of terrorism re-plains heavily politicized and part of the story. the terrorist label is opinion and not fact". how do you address that? >> i'm not a native english speaker but the word terror means to inflict fear and the hearts and minds of people. when you excuse a young girl in front of her family. what are you trying to co. when you shoot a holocaust survivor and post on their facebook page, you grab the cell phone of that individual and you up load that video so their friends and
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family see it, is that not instilling terror? isn't humanity bend on the ability to discern between good and bad, to identify what it is that we're looking at? if we cannot call our enemy by what they are, then we have already lost. stuart: thank you very much for raising your voice in new york. >> thank you for having me. stuart: come back soon please. >> thank you. stuart: senator lindsey graham going after members of the squad. what's he saying, ash? ashley: well, the south carolina senator blasting far left lawmakers for their "appeasement of iran's regime". ed a for the squad, i'll let mr. >> the only way you're going to keep this war from escalating is holding iran accountable. hamas is a bunch of animals who deserve to be treated like animals. to the squad, shut the hell up. you're embolding the enemy and a disgrace to united states congress and siding with
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terrorism and you've lost your perspective here. i'm confident most democrats do not agree with the squad. ashley: well, graham says the only way to keep it from escalating is holding iran accountable and u.s. should warn iran for every hostage executed by iran, an iranian oil refiney should get bombed. stuart: okay, now time for tuesday trivia question. how many latitude lines does earth have? 90, 180, 270, 360? the answer would surely be -- we'll get into it when we come back. this is american infrastructure. megawatts of power, rails and open road, ..
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- [narrator] and owning a generator is easier than ever. special financing is available with low monthly payment options. act now and you will also receive a free seven-year warranty valued at $735. power your life with generac. call or go online to request your free quote today. stuart: how many latitude lines does earth have? latitude, the ones that go around the earth. longitude up and down, latitude, what is your answer? ashley: i don't have an earthly clue but i will go with 90. >> i will go two, 180. stuart: i will go 360. the answer is 180.
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latitude, you did. latitude measures the distance north or south of the equator, there are 90 imaginary lines north and 90 imaginary line south of the equator. check the markets, a nice rally going on, israel preparing for ground invasion of gaza. the latest breaking news as the situation develops. the president will speak on the israel invasion. that's it for "varney and company". these are extraordinary times, the president addresses those times an hour from now. coast-to-coast starts now. neil: the president is set to address a war as the financial markets are ignoring it. not as things get any less tense, raging into

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