Skip to main content

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

11:00 am
hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. >> it is incumbent upon the palestinian authority to figure out a solution with israel before it's too late. but when you listen to the israeli leadership talk, it does appear if like it's too late. >> already in gaza they've killed over 20 american citizens, so it's important the u.s. take retaliatory actions against hamas specifically for attacks against americans. >> we're seeing two extremes here in israel. we're seeing extreme evil and
11:01 am
extreme good. in judaism, we believe good deeds can change reality, and that's what we're trying to spread. we're trying to spread a little bit of light can take away a lot of darkness. >> the whole process of the selection of the speaker is very opaque. by and large, people don't remember these types of things. t it's not about inflation, it's it's not about the price of gas, it's not about the, you know, safety and security of america, about immigration. those are things people really care about. ♪ ♪ stuart: all right. good morning, everyone. it is 11 a.m. eastern time. it is thursday, october the 12th. israeli forces continue to launch missiles into gaza as they try to get rid of those tunnels that they use for weapons storage. the ground invasion has not started. the secretary of state anthony blinken held a joint press conference with prime minister netanyahu in this morning.
11:02 am
1200 israelis have been murdered, at least 25 of those are american citizens. the very latest as the news comes many for you. quick check of the markets, please. we're down for the dow, up for the nasdaq. no clear price trend this morning. here's the 10-year treasury yield. it has been moving up, it's now back up to 4.65. that really punctured the stock market rally earlier in the day. as for the 2-year, it's it's well above the 5% level. that too is a negative for stocks. and now this. it didn't take long. the public image of a hamas is being transformed. brutal terrorists have become oppressed victims. as israel retaliates for the butchly of its own citizens, the left characterizes israel as to pressed -- oppress to have. pal stint -- palestinians the the oppressed. bernie sanders, israel's blanket denial of food, water is and
11:03 am
other necessities to gaza is a serious violation of international law and will do nothing but harm innocent civilians. that's the theme. accuse israel of deliberately hurting the innocent. show pictures of gaza; buildings destroyed, no water, no food, no power. forget the atrocities hamas committed. focus on the suffering now being inflicted on the pal sup januaries and exaggerate -- palestinians and exaggerate your claims. zionism is genocide. i've seen that sign at demonstrations. that's deliberately inflammatory and clearly a lie. today on college campuses across the country there'll be a national day of resistance. that word, resistance, suggests that the terrorists are legitimately resisting their oppressors. another lie. in the united states at the moment, there is overwhelming sympathy and support for israel. the latest fox poll shows 68% side with israel, 18% with the palestinians. and this poll was taken from
11:04 am
october 7th-9th, before the worst hamas atrocities were vealed. the socialists want to -- revealed. the socialists want to portray terrorists as victims, atrocities as resistance. the -- of public opinion has only just begun. will cane joining me -- will cain joining me this thursday morning. what do you make of this this transformationsome. >> i think the world and american college campuses, stuart, are largely full of useful idiots. that doesn't mean there's some machiavellian control behind the scenes. here's what i think. i think the idea of dividing the world into oppressor and oppressed is a tool designed to to create a loser's limp in history to give power to those who lost and would rather have won a conquest. the story of human history is conquest. there's no such thing as stolen land are. none of us sprung out from the earth. we all went somewhere seeking game or land and won something
11:05 am
over someone else. that's not to say anihilistic world views, civilizations are not equal. some adhere to morals, some adhere to better humane values, and if you need some instruction book on what's happening in the middle east, identify who is purposefully targeting civilians and identify who is accidentally true the inevitable realities of war experiencing civilian loss. not all civilizations have the same value, and not all are equal. my point is when you see the world divided into oppressor or oppressed, most of them are useful idiots, dumb and racist for that matter. they say, you know what? jews are whiter than palestinians. they're dumb. they're useful idiots who see the world through a racist lens and divide it into oppressor and oppressed. but behind the scenes there's just another power structure that lost conquest that wants to have won, stuart, and is using those useful idiots in a way to usurp current power. this isn't some you topic -- you
11:06 am
taupic vision is. nobody thinks we're going to ride true equity. what they really want is the power, and and they're weaponizing the useful idiots to see the world through this stupid racist lens to transfer to them the next conquest, power. this time through victimmed hood. stuart: well said, will. nicely said. that was good stuff. now, another issue -- >> thank you. stuart: the immediate issue, immediate concern is getting american hostages out. listen to what president biden said about getting those hostages home. roll tape. >> look, the press is going to shout to me and many of you are that, you know, what are you doing to bring these, get these folks home. if i told you, i wouldn't be able to get them home. folks, there's a lot we're doing, a lot we're doing. i have not given up hope on bringing these folks home. but the idea that i'm going to stand here before you and tell you what i'm doing is bizarre.
11:07 am
so i hope you understand how bizarre it would be to try to answer that question. stuart: will, i think he's right in this instance. i don't think he should be outlining his plans as to how he's going to free the hostages. you have to negotiate in secret, you can't do it in public. >> yeah, i agree with that as well. i just hope that it's true that we are doing everything possible, stuart. you know, i mean, we have got a couple now instances where community and private and veteran efforts whether or not be in afghanistan or even in hawaii have exceeded government response. and and i do know that there are, you know, private veteran-led often groups who have already made their way to israel to tie to rescue american hostages. let's hope out of pure patriotism and good hearts and intentions, not because they already see the failure of the american government. i do agree he wouldn't lay are his plans out to see how we're going to rescue americans. stuart: i would like more
11:08 am
clarity on what he's going to do with iran. will cain, always good stuff. thank you, sir. >> thank you. stuart: back to the markets, please. i see the dow is down 80 points. i see the the nasdaq is actually up just a fraction. not that much price change today. lou basenese is with us for the morning, for the hour, as a matter of fact. >> i am. stuart: this cpi number, up 3.7% in the last 12 months, kind of neutral, isn't it? >> i'd say neutral, mixed bag. everyone's looking for a direction strongly one way or the other. i think the fed still has its work cut out for them. i've been on the record saying we're going to get one more hike, and i predict it'll be in november. i think the rise in yields has kind of done some of the work for the feds -- for the fed, so i think it's more likely in december. and interest rate futures are betting on a probability of a 36% rate hike in december, and that's up from 26%. stuart: that would not help the stock market, would it? >> definitely not. you've been very adamant about in this and rightly pointed out as these yields go up, the
11:09 am
stocks are going down. stuart: that is what's happening. talk to me about birkenstock. it was a flop, budget it in. >> yeah,, ugly shoes -- [laughter] they were popular back in the early '90s when i was in high school, they've been around for 250 years. i'm sure it'll be popular once again. but the ipo was a massive flop. priced at $46 and opened at $41. it's one of the worst ipo opens in 100 years, i think in the top 15 worst performers. stuart: is it a bad omen? >> it is, because there were about a hundred companies that were waiting in the wings to go public. you and i talked about this, now this performance? shows investors are not willing to bid up valuations, so i thin- stuart: weren't you bringing some companies to the ipo? >> we are. our parent company came public. we're, you know, hanging, hovering close to our ipo price. you see arm holdings close to its, instacart is well below. but, look, there's a slowdown right now. the the big tech companies that got stuck in the private markets
11:10 am
at ridiculous valuations are trapped there, and i think we're going to see that linger now because we're coming up on thanksgiving, christmas holiday, end of the year holidays. that's not a usually busy time for the ipo market. stuart: lou, stay there, please, if you would for the hour. lauren's back with us. whole mill foods. every time we do this stock, we have to say the makers of spam. [laughter] which i was brought up on. lauren: -- the s&p 500 with a 9% decline on track for its lowest class in five years' time. i'm not sure what's going on. glenn weston is down about 8-9% as well. pepsico, coca-cola, there's a staples selloff, and it's pretty extreme. we also have to do to ozempic. is this the fear factor that's starting to hit some of the packaged food companies? stuart: you brought that back? lauren: i'm trying when i can. stuart: right after world war ii, the brits were starving. the americans sent spam over to feed us, and i as a young man lived on spam. >> you're welcome.
11:11 am
[laughter] if. stuart: thank you very much, indeed. lauren: have you ever had spam? >> once or twice. stuart: okay. move being on. carvana -- lauren: another loser for you. bnp paribas downgrades to neutral. i wring you this -- bring you this, we got cpi this morning. used car prices fell 8%. i would imagine that would stimulate demand, a cheaper car. also one other thing. i know carvana had a payday a while ago. the stock's up 700% this year. 700% this year. it's trying the turn around its business. it's no longer growth at all costs, just expand, expand, expand. it's let's right-size. stuart: i see on my prompter another prize -- lauren: just for you. [laughter] stuart: beyond meat. go ahead. lauren: down 7%. my assume low says sell, and the stock's only worth $5. stuart: passing fad. passing fad. just like birkenstocks.
11:12 am
thanks, lauren. lauren: birkenstocks has been fortuned around 250 years. sorry. stuart: many harvard students are now trying to walk back their support of a letter that blamed israel for the hamas attacks. former education czar bill bennett is a harvard alum. he'll tell us what he thinks. smoke rises over gaza. israel forces continue to launch counterattacks. the latest from the mideast after this. ♪ ♪ explore endless design possibilities. to find your personal style.
11:13 am
endless hardie® siding colors. textures and styles. it's possible. with james hardie™. she runs and plays like a puppy again. his #2s are perfect! he's a brand new dog, all in less than a year. when people switch their dog's food from kibble to the farmer's dog, they often say that it feels like magic. but there's no magic involved. (dog bark) it's simply fresh meat and vegetables, with all the nutrients dogs need— instead of dried pellets. just food made for the health of dogs. delivered in packs portioned for your dog. it's amazing what real food can do.
11:14 am
say goodbye to multiple daily insulin injections and say hello to omnipod 5. omnipod 5 integrates with dexcom g6 to automatically adjust insulin and help protect against highs and lows, day and night. plus it's tubeless and waterproof. take control without compromise. don't wait to simplify life with diabetes. get started today. go to omnipod.com for risk information and instructions for use. consult your healthcare provider before starting on omnipod. simplify diabetes. simplify life. omnipod.
11:15 am
hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways.
11:16 am
i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. stuart: harvard university
11:17 am
students and groups are trying to backtrack on their support of a letter blaming israel for the mass slaughter of its own people by hamas terrorists. at least a dozen business executives want to know the names of these students so they won't hire them. bill bennett with us this morning. bill is a harvard alum. what happened to your school, bill? >> you know, the motto of harvard, veritas. truth. [laughter] truth. the truth has been disregarded for the sake of ideology. and, by the way, those students who have changed their opinions have not changed their opinions based on seeing what the truth is, they've changed their opinions because they're worried about losing their jobs. that's a very different proposition. look, when the university faculties decided that ideology was more important than truth, this is where the corruption began. and this is nothing more powerful on a mind than an ideological conviction, an ideological commitment that keeps you from seeing the truth.
11:18 am
and i'm sorry to say that's what happened at harvard. stuart: and other universities, other elite universities. >> yes, sir. stuart: across the country, around the world. >> yes, university of washington. yep, yep. australia, university of washington as you had on earlier with jason and, no, universities everywhere. this is part of the culture of the -- cult of the universities. julian benda in the 1920s wrote a book called "the the treason of the intellectual," and he was prescient about what would occur, and it has occurred now. you know, when we look at these to polls, stuart, you know, 18% are not on the side of the jews. 18 of americans. -- 18% of americans. where are they? how could they possibly not be on that side? it's because they've had the, quote, benefit of a higher education. stuart: perhaps a more important subject to talk about, bill with, is a.c.t. scores have fallen to the lowest level in 32 years. >> yeah.
11:19 am
stuart: why is that? >> yes. stuart: maybe the pandemic played a role, but is something else going on? >> it's time we stopped blaming the pandemic on everything. these numbers were heading down before the pandemic, went down during the pandemic and have gone down since the pandemic. look, the schools stopped teaching the fundamentals. one of the reasons is back to the colleges. when the colleges stop requiring tests -- stopped requiring tests and standards and for students to know things, guess what? the schools decided not to teach them. so there's a synergy there that matters. yeah, you're right. in the long run, this may be more important. the chinese are studying calculus, our kids are struggling with algebra at the same age. we've got to fix this, we've got to fix it soon. school choice, improved content, much more accountability in the system. stuart: and, please, deunionize our public schools, if that would be possible. >> yeah, that, that would help.
11:20 am
but if you can't, then get out and get to a charter school and get to another kind of school is. you know, these -- there are a lot more choices for americans than there were before. and one thing that covid did was point up what the interest of the teachers' unions were, and that is the interest of teachers, pocketbook interests of teachers, vacation interests of teachers, not the learning and well-being of students. and that is a shame. that is a real shame. stuart: it is the, indeed. bill, thanks for being on the show today. come back soon, please. >> yes, sir. veritas, truth. stuart: indeed. i'd forgotten that. thanks very much, appreciate it. >> yes, sir, you bet. stuart: black smoke can be seen rising in gaza city again as israel continues its airstrike, strikes, plural. mike tobin on the ground in israel. what are you seeing there today? >> reporter: well, the sun is going down right now, and as you mentioned, the smoke is coming up as soon as the sun goes down,
11:21 am
rockets come out on the gaza strip. the airstrikes go back in. we've seen strikes, aftermath really of strikes in the port of gaza. some of the video's getting out. if you remember, this was a naval operation as well, you know, this terrorist attack of october 7th. they came by land, sea and air. the idf is noting some of the targets that have been hit, specifically mohamed abu shalma. commanders were able to seize armament, naval weaponry, they said underground equipment. you remember hamas has built a network of tunnels underneath the gaza strip. a number of operatives who have been killed up and down the length of the gaza strip. and one of the things that you probably notice now from the political leadership all the way down through the army is an effort by israel to link hamas to the isis. there's even a hashtag trending
11:22 am
right now, hashtag hamas is isis. and when they go into these places, when they go into the operatives' homes and even some of the aftermath of some of the most horrible massacres of october the 7th, they note that isis flags have been found in that area. as far as the outside of the gaza strip the, the israel side of the border, we're there right now. in fact, at the moment i'm at an israeli checkpoint. but everywhere up and down the gaza strip there is israeli armament ready to go, israeli personnel, personnel carriers. the howitzers continue to pound away throughout the night. the tanks are ready to roll as soon as they get the order. the idf has said that the next phase of the operation is ready to begin without defining the next phase. it's it's certainly a strong hint that the ground operation is ready to begin. the siege of gaza is severe. crossing into egypt is closed as well as all of the crossings into israel. they are out of fuel, out of
11:23 am
power, some possibles -- panels are continuing to supply power, but the energy minister for israel says the siege won't be lifted. a light switch won't be turned on, a hydrant won't be opened, a fuel truck will not enter gaza until the hostages are released. stuart? stuart: mike toe pinker thank you very much. -- mike tobin. trying to limit kids to social media sites without parental permission. ashley, what are they doing? ashley: some new legislation being promoted by new york governor kathy hochul is meant to protect kids from targeted algorithms on social media sites, sites which which try to keep users engaged for as long as possible by offering up in some cases streams of extreme and sometimes violent content. the legislation would require parental permissions for kids to access parts of apps such as tiktok, instagram and youtube that are controlled by an algorithm. it would be the responsibility of the tech companies to come up with software to make that
11:24 am
possible. also a second proposed bill would stop online sites from collecting and sharing personal data on minors millions they ged consent, and for kids under the age of 13, that must come from a parent. stu. stuart: thanks very much, ashley. what do you think about this, lousome. >> i'm the father of two teenagers, i've seen the coma scroll that goes on. i think more needs to be done. legislation to prevent parental consent, it's my parental responsibility to be involved in their lives and know what's going on, but i think we need to have sarbanes-oxley for social media companies. stuart explain that. >> sarbanes-oxley made executives of financial companies personally liable for their results, right? to prevent accounting fraud. section 230 of the communications act absolves any social media company from responsibility on their platform. we need to change that. make facebook, twitter, tiktok
11:25 am
responsible for the content and watch how quickly it gets cleaned up. stuart: but you know what would happen, you just bring in the lawyers. an avalanche of -- >> sometimes, there's lawyers watching out us. sometimes lawyers are good. in this case we know the debilitate thingfects of social media on teenagers, particular particularly teenage girls. it's not just legislation that solves it, we need parental responsibility, but legislation that a backs it up. stuart: you make a good case. not wad at all. defense secretary lloyd austin expressed concerns that the u.s. cannot support -- claims we can help both israel and the ukraine at the same time. jennifer griffin break withs it down from the pentagon next. ♪ ♪
11:26 am
this is spring semester at over 13,000 us school districts, which have become top targets 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. ( ♪ )
11:27 am
some things are good to know. like...where to find the cheapest gas in town. and which supermarket gives you the most bang for your buck. something else that's good to know? if you have medicare and medicaid, you may be able to get more healthcare benefits - through a humana medicare advantage dual-eligible special needs plan. call now to see if there's a plan in your area - and to see if you qualify. all of these plans include doctor, hospital and prescription
11:28 am
drug coverage in one convenient plan. from humana, a company with over 60 years of experience in the healthcare industry. you'll have lots of doctors and specialists to choose from. and, if you have medicare and medicaid, a humana medicare advantage dual-eligible special needs plan can give you other important benefits. all of these plans include coverage for dental - with two free cleanings a year. plus fillings and a yearly exam. vision - including eye exams and a yearly allowance for eyewear. and hearing benefits - including routine hearing exams and coverage for hearing aids. plus an allowance to help pay for essentials... like eligible groceries, utilities, and rent. even over-the-counter items. and whatever you don't spend gets carried over to the next month. best of all, you'll pay nothing for covered prescriptions, all year long, even the brand-name ones; and zero dollars for routine vaccines, including shingles, at in-network
11:29 am
retail pharmacies. so if you have medicare and medicaid, call now to see if there's a plan in your area that could give you extra benefits, including coverage for prescription drugs. plus dental, vision and hearing. and more. a knowledgeable, licensed humana sales agent will walk you through your options. and, if you're eligible, and there's a plan in your area, help you enroll over the phone. call today and we'll also send this free guide. humana. a more human way to healthcare. stuart: on the markets this morning, there's no real clear price trend. dow's up 50 -- i'm sorry, dow is down 50, nasdaq is up 26. no clear price trend. but lou basenese is here, and he's got some clear-cut stock picks for us starting with delta airlines. what do you like about it? >> yeah, listen, in every market there's opportunity. and delta airlines, i think, is
11:30 am
getting ready to fly again. the stock has maybe another 50-60 upside to get back to pre-pandemic levels. it was on the move in a positive move, now it turned a little bit negative. they're showing robust demand which they expect to continue, they had a record quarter of revenue. if anyone's known recently, you know the airports are absolutely swamp. i fly on a weekly basis, and i can tell you that the only thing that could cut and put a demand in profits for delta, which were up 35% this quarter, is rising oil prices. so i think, you know, that's the counterbalance. but the valuation, where the stock's trading on the chart, it looks compelling. i'm considering it. that's not a recommendation to buy yet, but it is something i'm looking at. stuart: one very famous investor said how do you make a million dollars? well, you put a billion dollars into an airline, and you end up with a million. i'm just prejudiced against airlines, that's what it is. >> that's fair. stuart: domino's pizza, you like 'em? >> i don't like the pizza, and i don't like the stock either. if you're a true italian, i
11:31 am
don't know how you can say you like the pizza. [laughter] but the -- if you look at the fundamentals, the the company had boon times during the pandemic. they're phasing -- facing rising labor costs, i just think -- they've reported weaker are result, and i think it's a stock that's going to struggle to get out of its own way. stuart: you like novo nordisk and eli lilly -- >> the weight loss drugs. the trend is your friend, right? these are two stocks that are up 48% is and 66% year to date respectively. only 1% of americans are currently prescribed one of these weight loss drug, that's going to go up to 7-10% in the next decade, that's a compelling momentum trade to take a look at. this is, obviously, the tailwind is there for these stocks whereas you're seeing a headwind in food stocks because of these ozempic weight loss drugs which i think is totally overblown. stuart: i agree. >> there's 1% of the population on that, do you know how many
11:32 am
people are now smoking marijuana and getting the munchies? [laughter] we get a counterbalance of the weight loss and marijuana. stuart: got it. thanks, lou. defense secretary addressedded concerns on whether or not the u.s. can support both israel and the ukraine. jennifer griffin with us. can we support both at the same time, jennifer? >> reporter: well, defense secretary lloyd austin spoke the morning from nato headquarters after two days of meetings with defense, nato defense ministers to talk just about that, about ukraine and israel. >> make no mistake, we can and will stand by israel even as we stand by ukraine. the united states can walk and chew gum at the same time. >> reporter: israel's defense minister gave opening remarks to nato's defense leaders today at nato headquarters in brus wells. he briefed, quote, i briefed the nato meeting of defense ministers in brussels on developments in the war against
11:33 am
hamas. i described the atossties committed -- atrocities commitmentedded against infants, women, the you would orally, the isis of gaza will not exist on our borders. the idf will destroy hamas. i was deeply moved by the statement of solidarity by my counterparts from around the world. this is not just our war, it is a war on our values and freedom. we will win. meanwhile, 2200 u.s. marines taking part in an exercise with kuwait. we're toll by the pentagon to end their exercise early and return to the uss baton which is currently off the coast of bahrain north of the strait of hormuz. the 26 marine expeditionary unit which is capable of u.s. special operations was told to reload 48 hours after they disembarked in cue bait to -- kuwait to prepare for, quote, further tasking. the reference to the hamas attack on missing -- israel and missing americans. >> we've not seen any massing of
11:34 am
forces along the border. we are also looking for additional things that could widen the conflict here and, hopefully, we won't see those things. but we've not seen that to this point. >> reporter: defense secretary austin added the u.s. did not have advance intelligence warning about this attack. >> if we had those indications, we would share them with our, with israel. but to my if knowledge, we did not see that. >> reporter: austin added that so far the u.s. has not seen any indication that iran was involved in the planning or execution of this attack but added they are still looking. stuart? stuart: get some argument with that, i think. jennifer griffin right there. thank you very much. israeli actress noah tishbi joins me now. noah had a family member who had to cancel their wedding after the groom was drafted to the front lines. when did the groom get the call, noah? >> the groom got the call on the, about 12 hours after the fighting started.
11:35 am
it wasn't the only one, member family of mine. that got the call to join in. pretty much everybody of that age in my family did, and everybody went. you have to understand how resilient and how united the israeli people are. 150% of the people that were called to reserve to get drafted joined it. so everybody is united against this common enemy that is an enemy of israel and of the united states. stuart: i get the impression from talking to people like you in israel who have gone through this experience that your country is united and enraged at what's happened to you. is that an accurate description? >> it really is. enraged because this particular massacre needs to be looked at through the prism of 300, 500 years -- 3500 years of jewish persecution. this is just another one of these pogroms, holocausts, mass murder that we've been going through in the past millennias.
11:36 am
and, yes, everybody is enraged not -- it's impossible to not be enraged by the sights that are coming out from key withouts -- kibbutz, from the scene atta nature party. every single person in the country that israel, in israel which is a tiny, tiny country, every single person is personally affected by this tragedy. and the world should be i outraged. and of to have people that are qualifying this and saying, yeah, but, but why did it happen, there's no why it happened. why it happened is because hamas is isis and the taliban. they are the same ideology. the other thing is this: israel is committed to destroying hamas. israel's going to destroy hamas the same way the united states destroyed isis. and this is just what's going to happen. they decided to go full force out k ask they though what the repercussions are going to be. but we have to be careful about this ideology, because it's very difficult to kill an ideology, and that is what we need in the west to be extraordinarily careful about and notice when it
11:37 am
keeps popping up, because with it's going to keep popping up in the muslim world, this radical ideology. it's going to keep popping up. so hamas is over. but the ideology, we need to keep an eye on it. stuart: i believe you work with an organization called israel on-campus coalition. and i believe that -- >> yes. stuart: -- that operation tries to the counter the other side of the fence on our campuses. is that what you do? >> absolutely. i work with a lot of organizations. israel on-campus coalition is one of the best ones that i work with. and what it does, what we've been doing for a very long time is warning that this anti-semitism on campuses, which is manifested as anti-zionism, is going to cause a tragedy. so we have been worrying that there's been a dehumanization and vilification of israel and israelis and zionism as a movement that will allow for a massacre to occur because we knew the combination of this
11:38 am
grooming of the american public opinion to think that israel actually committing a genocide which is nothing but a blood libel partnered and coupled with murderous islamic doctrine that was lurking on israel's border. and we knew, me and a lot of other organizations active on campus, we see all these bds activations, we saw all these apartheid weeks, we saw these conferences at penn university that were spewing anti-zionism and anti-semitism, and we knew that these two things together are a recipe for disaster. and, sadly, this disaster is unfolding right now in israel as we speak. stuart: noa, thank you very much for presenting a true and accurate picture of what's going on in israel. we appreciate it. >> thank you so much for having me. stuart: thank you, ma'am. >> will do, thank you. stuart: sam bankman-fried's ex-girlfriend, caroline ellison, back in court. attorneys plan to put the blame
11:39 am
on her for the failed company. kelly o'grady has the latest prosecute courthouse next. ♪
11:40 am
11:41 am
- [narrator] what will you do when the power goes out? power outages can be unpredictable and inconvenient,
11:42 am
but with a generac home standby generator, your life goes on uninterrupted because you'll have power when you need it the most. - with the generac it powers our well, the refrigerator, and my cpap machine, which are all things that we need to survive on a day-to-day basis - [narrator] get the security and peace of mind your family deserves with a home standby generator from generac. eight out of 10 home generators are generac with thousands of satisfied customers. - it's the peace of mind to get the generac generator. that was the best investment that we could have ever made. - [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.
11:43 am
stuart: sam bankman-fried's ex-girlfriend, caroline ellison, is back in court today. kelly o'grady live at the courthouse. all right, kelly, what do you expect to hear todaysome. >> reporter: oh, i expect the defense to rip into her, stuart. they're really trying to pin this all on her. and we're expecting this to request get really dramatic, especially after how yesterday ended. so towards the end of the day ellison actually broke down on the stand, and through tears she shared the stress of the day leading up to the collapsing. she was relieved when she finally could stop lying, and the witness box was prepared with a tissue box and a water for her. today she arrived as cool as a
11:44 am
cucumber, she's clearly used to the media frenzy. she is not making eye contact with sbf, and the prosecution has accused sbf of attempting to intimidate her while on the stand. the prosecution shared concerns about the defendant's reaction to her testimony. he's been shaking his head and even scoffing at one point. today thus far the defense is taking -- painting a very different picture than what we got from the prosecution. they've gotten ellison to anytime there were times early on when sbf really didn't engage with alameda research, and she was in charge of accounting directly and lobbied to be the sole see crow when her co-ceo left. that's very different from the flavor we got from the prosecution. yesterday we heard sbf ordered caroline alleged wily to doctor balance sheets. thus far the defense is focused on her tenure early on versus when sbf was heavily involved later on. now, stuart, we just learned that she actually faces the same sentence as sbf, 110 years
11:45 am
behind bars, and she's testifying in exchange for leniency. so really at this point it's he said/she said. who is the jury going to believe, and do you think she's saying anything in exchange for not being behind bars. back to you. stuart: it's a courtroom battle. kelly, thanks very much, indeed. florida congressman is currently in israel helping evacuate americans, congressman cory mills will join us next. ♪ ♪
11:46 am
i'm not just accomplished. i am accomplishing. so i'm doing all i can to help lower my risk of breaking a bone. for postmenopausal women with osteoporosis at high risk for fracture taking calcium and vitamin d may not be enough. adding prolia® is proven to help strengthen bones and reduce spine fracture risk by 68% with 1 shot every 6 months. do not take prolia® if you have low blood calcium, are pregnant, are allergic to it, or take xgeva®. serious allergic reactions like low blood pressure, trouble breathing, throat tightness, face, lip or tongue swelling, rash, itching or hives have happened. tell your doctor about dental problems as severe jaw bone problems may happen with prolia®,
11:47 am
or about pain in your hip, groin, or thigh, as unusual thigh bone fractures have occurred. talk to your doctor before stopping, skipping, or delaying prolia®, as spine and other fractures have occurred. serious side effects, like low blood calcium, serious infections which could need hospitalization, skin problems, and severe bone, joint, or muscle pain have occurred. i have so much more to accomplish. talk to your doctor about prolia®. nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing.
11:48 am
yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. here's why you should switch from chrome to duckduckgo. duckduckgo is a browser you download to your mobile and desktop devices. unlike chrome, the duckduckgo browser has privacy built-in. it comes with a private alternative to google search, which doesn■t spy on your searches, and it blocks cookies and creepy ads. and there's no catch. it's free. we make money from ads, but they don't follow you around. join the millions of people taking back their privacy by downloading duckduckgo on mobile and desktop today.
11:49 am
♪ finish. stuart: lawmakers are pushing to refreeze the $6 billion worth of iranian funds that were released as part of a prisoner swap. hillary vaughn on capitol hill. does this have bipartisan support? >> reporter: institute, there is. in fact -- stuart, there is. in fact, this attack on israel by hamas terrorists has really put president biden's decision to unfreeze that $6 billion in iranian cash under a microscope. bipartisan support growing in the senate to refreeze the money so iran does not have access to out. banking committee chairman senator scherr -- sherrod brown and senator bob casey from
11:50 am
pennsylvania, two democrats who have said it's time to tie this money back up. republicans turning up the pressure on senate majority leader chuck schumer to let senators vote on it. >> a bill should come on the senate floor to freeze the $6 billion and make the democrats object to that. i can't believe that they would do it. i would hope that we could come together, republicans and democrats, and say we do not want $6 billion going to the number one state sponsor of terrorism that backs hamas who just committed these atrocities. i hope we can do that. >> reporter: but in the house, not all democrats think freezing the funds is necessary. >> well, it is effectively frozen right now. it has not been given to iran. there would be a very detailed vetting process to insure that it goes to the people, the iranian people, not9 to the government. >> reporter: biden officials have repeatedly insisted this money can be refrozen at any
11:51 am
time. treasury officials reportedly telling house democrats today that that money is, quote, not going anywhere, and now cbs is reporting that there apparently is a quiet understanding that has been reached between the u.s. and qatar to not actually release that $6 billion that the u.s. transferred to them, iran's oil profits. stuart? stuart: by the way, or hillary, nice job with rashida tlaib. i'm sure you know that. >> reporter: thank you. i appreciate that. stuart: florida congressman cory mills is currently in israel trying to help evacuate americans. the congressman joins us now. i have to ask, how do you get them out, congressman? do you fly them out, or do you have to take a car to the jordanian border? >> well, to be honest, stuart, i wish it was so easy as we could fly them out. many of these individuals that we're getting out of the country has been waiting for four days, in some cases i heard from a family today they've been waiting six days to try and get
11:52 am
out of the country. so what we're trying to do is, and i'm going to different locations each day in israel, i went to nazareth for one day, i went to tiberius, jerusalem, we'll be looking at tel aviv and other areas closer to the impacts, and we just continue to try. i'm sitting on the border right now and very proud to announce that we with just got 45 more americans out just now, an hour and a half ago. i had 32 yesterday, 45 today. and i'll start with this, as i ended yesterday, if joe biden and the administration's unwillinged to do their jobs, members like myself and my colleagues will step up and do it for them. stuart: we're not talking about getting hostage as out now, these are people simply trapped in israel and want to come back to the united states. how many have you gotten out so far? >> so i got 32 out yesterday and i just got 45 out about an hour ago. stuart: okay. forgive me, sir, but i'm going to change the subject, going to pivot to the drama in washington. congressman steve scalise has
11:53 am
been nominated for house speaker, but we are told he doesn't have the 217 votes he needs to be formal ally made the speaker. -- formally made the speaker. it looks like a stalemate, congressman. not good for the republican party. >> well, again, democracy is one of those things that can be messy. i think that every single individual has the right to represent 750,000 plus constituents and what their constituents want. the whole point about being an elected member to congress is that you represent the people's voice. and if the people's voice tells you that they want congressman jim jordan or congressman steve scalise, then that's what you should be doing, carrying out the will of the people. i'm sure we can get to conference, we can have these discussions, we can lay out the salient points as to why one would be more beneficial. in my personal opinion, i think they're both great leaders. i've endorsed congressman jim jordan, but i think they're both more than equipped to be able to face some of the challenges that we're dealing with when it comes to fiscal responsibility, open
11:54 am
borders, helping to get an economic growth strategy plan which we're not doing yet. it's time to get a real leader who's going to lead from the front. stuart: can you vote in the speaker election whilst you're in israel? >> no, unfortunately, we -- i'm not able to vote, but i'm also very proud that we voted for the rule to stop the proxy voting that was going on. my bigger thing though, to be honest, stuart, i had a chance to sit there and listen to people bicker back and forth and and air their grievances or actually do something. when i was elected, i thought it was to help one, your top priority is the protect the safety and security of americans in the country. that's part of our sworn oath. and part of that constitution is the safety of americans. and so when i looked at my priorities, what mattered most and i had the capability to do it, how could i not come out here and is tie to help americans stranded, trapped or the 9-year-old boy that i helped yesterday or the 6-year-old little girl, evie, that i just helped? these are the things that are mattering to the american
11:55 am
people. we can squabble all day long about speakers, but right now we have americans that are trapped. this is the second time since 2021. stuart: cory mills, great job. thanks very much for being with us. come and see us again soon. thank you, sir. >> thank you, sir. stuart: # 1:5. okay -- 11:54. here is the thursday trivia question. it's a good one. don't look it up. which of the following is not a symbol on the periodic table of elements? tc, nb, y, r? the answer -- [laughter] well, my guess after this. ♪ ♪ ♪ ♪ every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to help keep our online platform
11:56 am
safe from cyberthreats? absolutely. can we provide health care virtually anywhere? .. operations issues? we can help with that, too. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. ♪ 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.
11:57 am
11:58 am
11:59 am
stuart: here we go. i really enjoy this. half the time i have a good idea what the answer is and the rest of the time i haven't a clue. which of the following is not a symbol of the periodic table of elements, tc, mb, why, are, actually as usual, your up first. ashley: people of trivia questions in florida, they say it's a big part of the show. i'm number 4, our. stuart: lieu? >> i will go with why and i don't know why.
12:00 pm
stuart: i will go with tc on the grounds it can't possibly have -- that is, our. well done. terribly sorry. terribly sorry. okay, thanks very much for getting it right, see you again soon for being here for the hour, don't forget to send your friday feedback, e-mail us questions, comments, concerns. by the way we do want to know, birkenstocks or crocs, which are the most ugly? 15 seconds left, i will check the market, the dow is down a little bit, nasdaq is up a little bit but no clear trend today, 3. 7% consumer price inflation for the last 12 months, neutral reading, neutral stock prices, time is up. coast-to-coast starts now. >> this tragic war hasn't sued, we follow the anomaly

49 Views

info Stream Only

Uploaded by TV Archive on