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tv   Varney Company  FOX Business  October 16, 2023 11:00am-12:00pm EDT

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>> they can sense weakness in the president and weak men create hard times and we are in hard times because of a weak man named joe biden. >> the president and his cabinet are in charge of executing policy but it requires an act of
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congress to declare a war so this is a time when house leaders and senate leaders and the president need to get on the same page. >> most of these countries, these countries don't have the united states best breast at heart and -- interest at heart and god forbid, i do not want in the worst of days for america to go through this. >> we have a president that declared war on american energy and we're pay ago high price in terms of economy and national security. >> the theme for the market is continually ignorance is bliss. the market focuses on a handful of things and ignores everything else. stuart: good morning, everyone. 11:00 on east coast and monday, october 16th and i'll call that a rally, a strong rally. dow industrials up 400 points and nasdaq up 170, s&p up 55 points. show me big tech, please. i presume they're all higher. i presume correctly. microsoft, amazon, me taxer
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alphabet all up. so is apple. microsoft up nearly $7 a share, 2%. the yield on the 10-year treasury, where's that going this morning? it's going up 470. you've got a stock market rally, including the nasdaq on a day when yields on treasuries go up. that's what's happening, now this. so here we are on a monday mornings the world is on fire and stock market barely blinks, in fact it's raling. on friday, october 6, the day before the war began on israel, the dow industrial average closed at 33,400. after more than a week of fighting, that up ended a geopolitical world, the dow industrials quoted at 34,000. stocks are up despite it all. here's the problem going forward. this is my opinion, going forward, oil in these green times, we forget the centrality of fossil fuels to our well being and prosperity and president buyen threw away our
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independence and control of oil prices. a wider mideast war looming with iranian aggression at the center and oil patch may be consumed in the fighting and the price would go up and odds are the market will go down. think about it, please, israel will retailuate against iran's oil industry -- retaliate against the iran oil industry if they're overwhelmed by an onslaught of rockets by hezbollah. don't look for saudi arabia to pump more oil and the petroleum reserve because biden depleted it and domestic production can't be ramped up quickly because biden starved it of capital. going green on day one of presidency was a bold move now war in the mideast upset all the green dreams. oil can still shake the economy. the market, our prosperity and biden presidency and that's what we're looking at right now. third hour of varney starts now.
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stuart: all right, steve forbes with us this morning. steve, i presume you saw this and america is easing sanctions on venezuela so they can send us more oil. what do you make of that? >> first, it's rotten oil, very, very heavy oil, dirty oil and it's been done in the promise that venezuela will hold free elections as joe and stalin in the soviet union after world war ii and we need more energy and take the cloud, the cloud absorbs more energy, twice as much as the nation of japan. third largest in the world. we need more energy, not less and not certainly the dirty kind from venezuela. stuart: if this -- i mean, if there was a wider war and oil went to $10 o 0 a barrel, pure speculation here, if that happened, would that really shake our economy? >> sure, it would shake the michigan energy is priced into everything including people buy
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lipstick, guess what, that's a petroleum-based product these days. another thing to keep in mind, which sounds very ominous but the israelis will look at it after what happened on october 7, what do we do about iran's nuclear capability? are they going to let iran become a nuclear power? that has to be addressed sooner rather than later. iran is on the cusp of a nuclear device. this thing goes even beyond oil. this is bad. that's what you get from appeasement. stuart: wall street journal says a recession is no longer the consensus among economist. you agree with that? >> well, the consensus that's usual i will wrong. there's real head winds out there starting with the regulations, capital regulations they're putting on banks that will make lending even harder going into the future. so there's very serious head winds and maybe the people, the theologians and economics won't call it a recession, but a choppy economy and not a very prosperous one and that's why
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all the regulations coming, we need a new regime next year, a pro growth regime. stuart: and a wider war would really hurt our economy, presumely? >> look what happened at yom koppur war in 1973, terrible recession. stuart: got it. steve forbes, thank you for being with us. much obliged to you. a video from 2019 resurfacing where congresswoman rashida tlaib was asked if israel has the right to exist. lauren: separate but equality does not work but didn't explicitly say israel does not have the right to exist then back in 2019. i would say she showed disdain at the person asking her the questions. watch here. >> [inaudible]. >> would you like to answer the question? >> congresswoman, it's concerning that you don't believe israel should exist? >> oh my god, do you understand what that mean s?
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>> i actually do. lauren: so rude. so rude. are you paid by benjamin netanyahu. look at her comments now calling off u.s. funding for israel. condemning the violence but in no way showing support or even feelings towards the children and the babies and the women raped and kimed. stuart: that was hillary again, wasn't it? lauren: i think this was on tuesday. yes, this is when hillary was asking her the question over and over and asked her eight times what do you say about the children beheaded. silence. stuart: i think the democrats have a problem with the left. put it like that. >> well, yeah. her fellow democratic michigan congresswoman wants her to be centtured. stuart: dow up 400, nasdaq up 164 and s&p up 54 points and all up much better than 1%. jason katz with us to figure out what's going on here. is the market ignoring the
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threat of a wider war? that's a rally. >> for now. stuart: for now, yes. >> so the focus has been on fed and rates. today with withstanding we're seeing rat rates up tick and oil down. you see equities hold on. if this war escalates and if there's greater entanglement, you're going to see oil get to maybe $95 or $100 a barrel. that's a tax on the world consumer and the world business and keeps the fed at bay respect to ultimately cutting rates. they need to keep that hour and quiver down the road in the event we get that high end oil. stuart: the threat of a wider saratoga a bigger threat hanging over everything, the world chips act and our stock market? you can't -- how do you take act of that. if this happens, what are you supposed to do? >> look, in the short run, the
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ash torr of stocks is interest rates and that's how you value them and elevated energy prices and attacks on the consumer, it's a tax on every business because as steve forbes pointed out, it's in virtually every single product. as an investor, and terrible silver lining and awful gray cloud i would submit that energy stocks are the most undervalued i've seen in three decades on wall street. and oil headed to $95 or $100 a barrel. with us not here we're lifting sanctions with iran. stuart: venezuela. >> excuse me, venezuela. this all results in energy prices that remain elevate that had elevate and don't guarantee recession risk. stuart: tell me what's wrong with 5.5% on 6-month treasury
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security. >> nothing wrong with cash and cash alternatives. i would say to you you may want to look towards municipal bounds and if you're a new york resident and in the highest tax bracket, you're getting over a 6 plus percent tax equivalent yield and lock in some higher rates before the fed next year or 18 months from now starts to cut rates so, yes, have money in t bills but look to actual bonds, municipal bonds where you get paid to wait. stuart: good advice and i've taken it. good luck indeed. thank you, jason. come back n lauren. we're looking at movers and i know that lululemon is moverring up. lauren: can't ignore 10% gain. huge gain and huge volume. the news is lululemon joins s&p 500 wednesday before the start of trading. this exposes the stock to more buyers essentially so up it goes. stuart: macys up today. lauren: it's a department store. they've been struggling, cfra says buy macys and they think
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the stock thering to $19 from about $11 now and like inventory management and like they're paying down the debt and they say their digital business is solid. stuart: snap, i can't remember whether it's up or down? lauren: up big time. it is up almost 9% and microsoft is up almost 2%. stuart: is there a connection. lauren: they rolled out my ai earlier in year in april. customers use article intelligence to book residents and sports news and 150 million users in the past couple months sending 10 billion plus messages to my ai on snap chat making it one of the most widely used customer chat bots. stuart: good for microsoft too. we like it. >> good for stuart varney. stuart: yes. >> we know you love it. stuart: i hope the world knows that. i'm under obligation, if i own a stock, i have to tell the world about it so i can't grind their ax for them. i own a thin sliver opportunistic microsoft and i'm a happy guy.
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moving on, senator mitt romney claims america's involvement in the world is in the world's best interest. watch this. >> we're involved in the world because it's in america's interest, it's in israel's interest, it's in all of our ally's interest and the world's interest. stuart: he had a lot more to say and we'll tell you what else. foreign minister warned an israeli ground offensive in gaza could force iran to intervene. benjamin hall has the full story after this. ♪
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offensive in gaza forces iran to intervene. benjamin hall here with us. tell us more about the iranen threat. >> well, stuart, all along we've been saying iran plays a key role behind the scenes and behind the strings and we see secretary blinken touring the region and iranian foreign minister has been doing same and he's been vocal about what should happen if iran continues. yesterday he met the leader of hamas in qatar and hugs between the two and if the gaza offensive continues and israel keeps dropping the bombs, iran will get involved and iranian hands he said are already on the trigger. he then warned and threatened america as well saying it this does expand, there would be significant damages which would occur on the u.s.. now on the ground around israel, we're seeing them escalate as well and iranian-backed hezbollah are firing at the moment and antitank missiles and
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rockets at israel and more iranian weapons are on way towards parts of the region. seven trucks are blown up inside syria believed to be carrying weapons and israelis did that and hit the aleppo airport and more iranian weapons are flying in and we now know that iranian-backed military leaders from iraqi militias moved toward the border with fighters and very clear iran is actively moving peep, moving weapons in that direction. now on the american side, administration keeps trying to warn iran off and sent two aircraft carrier groups to the region and jake sullivan, national security adviser said they've reached out directly to iran and warned them to stand down. on the republican side, you have lindsey graham being far firmer and he said to iran "if you escalate, iran, we're coming for you". but it's not just iran. this is also on a global level. we've we got a glimpse of that the other day when a cachet of weapons that hamas was using and
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inside there many maid made by hamas and many weapons came from china. from north korea, from russia, and it is a reminder that all these countries are working together. they would all like to degrade the u.s. and perhaps they think that right now it's a great way of doing so. don't forget over the last year, iran has done deals with venezuela and russia and china and saudi arabia and look back and wonder whether or not enough was done to keep iran down and sanctions enough and giving $6 billion and jake sullivan say ago few weeks ago the u.s. is as peaceful as in 20 years and a lot of questions asked over if that was handled the right way and more questions on where this goes, and whether or not iran gets involved. stuart. stuart: great work. benjamin, great reporting again indeed. i'm sure you'll see you real soon. meanwhile, squad member ilhan omar being criticized after re-tweet ago photo after the war.
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ashley, come in and what was the photo about? ashley: yeah, she was slammed for re-tweeting the photo of dead children with the caption child genocide in palestine. well, the photo showed seven dead children wrapped in white and claimed they were part of the 614 palestinian children murdered by israeli forces. a community note from x, formally known as twitter of course, stated that the picture was actually from a 2013 syrian gas attack in syria and not from the hamas war. omar then un-re-tweeted the photo from all the backlash and criticism. fellow squad member alexandria ocasio-cortez issued a warning about the amount of misinformation on social media about the ongoing war and urged her followers to pause and check for verification. something that omar did not do apparently. stu. stuart: correct, ashley. correct indeed. now this, president biden once again warning that maga
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republicans could make the world more dangerous. watch this. >> look, this is not your photo's republican party. they don't look at it the same way you and i look at democracy. stuart: andy barr will respond to that. the house is expected to vote on a new speaker tomorrow, but nearly five dozen republicans still refuse to back jim jordan. will they get -- will they ever get a deal done? chad pergram has the story from cap holohill next. capitol hill next. ♪ you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine.
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stuart: confirmation that this is a rally and the dow is up close to 400 points, well above the 34,000 level. you realize what this means. on friday, october 6, the dow closed at 33,400. it's now eight hours days of fight -- eight dais of fighting later and above 34,000. what does that tell you? this is a rally, folks. look at dow winners and we've got a list? yes, travelers, intel, nike, salesforce, goldman on that list of dow stock winners. s&p 500 winners. good ones here. charles schwab, brokerage and
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norfolk southern, a railroad for heaven sake on the upside. almost all stock groups up today. nasdaq winners, any big names there? oh, yeah, microsoft right there, no, it's not on the list. should be. lululemon, that's going into the s&p 500 soon. whenever you get that kind of move into a new index the stock goes up and near 9.5% gain and ross stores and et cetera. the 10-year treasury yield going up and interesting, the yield is up to 471 and so's the stock market. normally when that yield goes up, stocks come down, especially the nasdaq. that's not happening today. the price of gold, where's that today? it is down $7, 1934. where's bitcoin? around 28,000 last time we checked, 28,000 and very small change. the story, the price of oil. this is why the market is up today and this is why this is
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oil is down and america has said venezuela would be easing the sanctions so you can send more oil to the united states and that's an extraordinary story if you think about it and president bind ended america's energy independence on day one of administration and cut supply of oil from domestic producers and now we're begging the venezuelas, which is a socialist dictatorship, which has ruined it is country and it is people, we're begging them to send us their dirty oil. it's come to that. nat gas, who cares, $3, et cetera, et cetera, ashley, come in closer and i want to take a better look at price of oil and i am pact on the market and oil stocks. ashley: yes, y you did a very gd job of summarizing where we're at and price of oil is down and apparently more is going to come onto the market because of us and the administration and venezuela government agreed to
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and eases the u.s. sanctions of the oil industry and we've been saying since the last hour since news broke. simply put, crude oil down today on that news. warner bros get ago nice boost this morning. the company is laying out it is plans to expand it is max streaming service, the stock up 2.5% and they'll begin their rollout in the spring of 2024, 22 european countries will also now have access to that streaming site. and now let's take a look at e commerce company wayfair getting an upgrade 2.5% and upgrade from luke capital upgrading to hold following the recent selloff and analysts don't see the home furnishing industry booming any time soon, they believe that wayfair's current price provides even risk reward balance. it's not a ringing endorsement but nevertheless it is up 2.5%
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this morning, stu. stuart: not a ringing endorsement, that's exactly right but the stock's up. good stuff, ash. thanks very much. ashley: yep. stuart: the house could vote for a new speaker tomorrow at noon. chad pergram on capitol hill. does jim jordan have the vote s? reporter: good morning. jim worked over the weekend but he's believed to be well short of what's necessary to win. his allies are trying to close the deficit before midday vote tomorrow. >> my focus is to get jim jordan elected speaker, get this congress back moving again. it's one thing to get elected and another thing to govern. i realize how difficult it is. it took me 15 rounds. reporter: a major win this morning for jordan, he secured the support of house armed services committee chairman mike rogers and rogers was adamantly opposed to jordan on friday. the shift could lure other lawmakers to back jordan. >> how do you feel about the support from roger s? >> it's great.
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it's great. >> think you'll bring over other members opportunistic the armed service committee? joe with hope so. wee feel good. reporter: lawmakers are getting worried as the house approaches two weeks without a speaker and there are concerns about government funding and israel. there's talk of a coalition of lawmakers teaming up to tap a bipartisan speaker. desperation is now seeping through the house. >> there are informal conversations underway when we get back to washington tomorrow, it's important to begin to formalize those discussions. it's time to end the republican civil war. reporter: it's about the math. jordan can only lose four votes and still become speaker. some republicans oppose what they interpret as strong arm tactics by jordan. another candidate for speaker could emerge tomorrow. stuart. stuart: yeah, and what do they do about matt gaetz. a good question you can't answer at this point. president biden calling out
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republicans over the speakership battle. watch this. >> does the diggs function that we've seen -- dysfunction we've seen in congress increase the danger in the world? >> yes. look, this is not your father's republican party. 30% of it is made up of the maga republicans that are maybe -- democracy is something they don't look at it as the same way you and i look at democracy. stuart: congressman andy barr republican from kentucky joins me now. congressman, democrats are having fun, republicans look bad, hawkeyes when rewe going to get a speaker -- when re-with going to get a speak instruct her >> we need to get a speaker immediately and i supported speaker kevin mccarthy and was appalled that the eight members voted to divide our conference and join with democrats to oust our speaker. i then supported steve scalise to be the replacement speaker and again, he was short of the votes, which i think was a mistake.
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but i fully support jim jordan for speaker now because our unity is our strength. we need a speaker for sure. but this business about the president blaming dysfunction in the republican party for creating a dangerous situation, i beg to differ. what created a dangerous situation was the lack of deterrence by this administration. the fact that iran or iranian proxies attacked u.s. forces or facilities 83 times during this administration's tenure, and only four times was there a response. the fact that this president reversed course and ended the trump administration's maximum pressure campaign against the mmullah's in teheran and they gave iran $6 billion in assets s that they unfroze as part of a hostage deal. why do you think there are 199
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has hostages in gaza and they're going to reward that kind of terrorist behavior. the bigger problem is there's a commander in chief that fails to deter this kind of terrorism against our key ally. stuart: congressman, i see your point but i'm not sure you can blame the republican distress in the house on the president. i don't think you can do that. they may run in power but, you know, that distress is a real serious thing for the republican party. >> stuart i agree with you. we have to take responsibility for that but the vast, vast majority and 96% of the republican conference was totally opposed to what this handful of rogue republicans did. stuart: what are you going to do with matt gaetz and the seven other s? >> some of my colleagues want punishment and they want to remove them from the conference. the problem is that we need
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everybody in this thin majority and if we were to eject them from our conference, we basically once again turn the conference over to the democrats or the congress over to the democrats. what we need is unity and i'm helpful that jim jordan can bring that to so we can move onto provide the necessary oversight. stuart: yes, please, congressman. impactful move on. senate delegation led by chuck schummer and america's involvement in the hamas conflict is in the world's best interest. watch this. >> we say to israel, america will stand with its ally israel. and i along with my colleagues here will lead the effort in the united states senate to provide israel with the support required to fully defend itself from this mons roush attack. we're involve in the world because it's in america interest and israel's interest and allies and the world's interest.
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is stuart: does that include american military action in support of israel? >> if this widens into a broader war involving hezbollah and other iranian proxy terrorist groups and themselves and absolutely does and i worry that we have not provided the deterrence, the lack of leadership from this commander in chief wasn't able to deter putin, certainly not able to deter this because of the pursuit of more sanctions relief to iran. so we need to restore deterrence and that means everything needs to be on the table to prevent a wider broadening of this war to hezbollah in the north and iran generally. so i do agree that congress needs to push the administration to provide greater deterrence here and we have an interest, the united states has a national security interest here. not just because 30 americans have been kill bid hamas
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terrorists. not because 13 are unaccounted for and could be captives in gaza and not just because of the hundreds of palestinian american dual cit citizens that are also victims of hamas terror groups, but because we need to send a signal to iran, to putin and to beijing that the united states will defend freedom and democracy. stuart: congressman andy barr, we appreciate you joining us. thank you. >> thank you very much. stuart: all right. what's this about hamas using cryptocurrency to fund their activities. ashley, what do you got? ashley: yeah, this is according to the foundation of -- terrorist groups like hamas used millions in cryptocurrency using it to fund their organizations organizationsand wall street jod their organization and hamas,
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isis and hezbollah funded through crypto and in june 2021 and june 2023 they used them to fund them and staying one step ahead of tracking efforts and adding that basically a lack of regulation has made it difficult to keep the funds out of terror groups like hamas. they're gaming the system, stu. stuart: yes, they are. thanks, ashley. the trial of sam bankman-fried gearing up for another big week and sbf could take the stand and defense said he needs his adhd medication first. kelly o'grady reports next.
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stuart: let me confirm that the rally is holding and dow is up
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330 and nasdaq up 143 points better than 1% and same with s&p up 44, better than 1% higher. it's a rally. tough week for sam bankman-fried. his attorneys may put him on the stand. kelly o'grady with me here in new york. what's this about him needing his adhd medication before testifying? >> the defense saying whether he testifies will be predicated on whether he has access to adderall. he has adhd and they filed a motion saying he's been struggling to focus during trial. they said this "as we approach, the critical decision of whether mr. bankman-fried will testify, the defense has a growing concern that because of mr. bankman-fried's lack of access to adderall, he has not been able to concentrate at the level he ordinarily would". he formally receives medication at 4:00 a.m. when he wakes up and it's worn off by the time he gets to trial at 9:30. they're problem solving a number of different solution
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inshrewding today a time delayed release medication. all eyes today, they're shifting to the stand now and he's ftx head of engineering and bahamian house mate in that mansion and inner circumstance and will he pled guilty and testifying in exchange of leniency and sbf was the biggest donor to democrats outside of george soros and funneled millions more using customer funds and the prosecution will seek to use that for evidence for the fraud charges. i'll highlight though, the prosecution's case thus far heavy on damming testimony but light on a paper trail and the defense will evaluate how much the weight of these cooperating witnesses versus the risk of having him testify. stuart: you're having fun with this particular case. >> i'm having so much fun. stuart: the girlfriend and adhd concern. >> bahamian mansion, who doesn't. stuart: welcome to the show. good to see you.
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come back in here, ashley. obvious question. which luxury car maker is now accepting cryptos? tell me. ashley: ferrari, of course, stu. started to accept payments in crypto currency. big surprise. for it is luxury sports car ntsb u.s. also plans to extend the same scheme to europe. the italian auto maker says it made the move after wealthy customers, especially younger buyers asked for crypto to be a payment option. most high end companies have steered clear of crypto because of the volatility of bitcoin and other tokens to make it pretty difficult to use for commerce and tesla used to accept bitcoin but ceo elon musk stopped because of environmental concerns. by the way, how much crypto? ferrari prices start at reasonable $211,000 and go all the way to $2.1 million. any way you look at it, that's a lot of crypto, lot of everything. stuart: a lot of everything as in red paint.
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thanks, ash. here's what we're doing at this time every day. we show you all 30 of the dow stocks to show you how the market's going. well, clearly there's a lot of buying today. 26 of the dow 30 are up, four are down. and the dow is just shy of 34,000. the u.s. just eased sanctions on venezuelan oil. what's this going to do to oil prices? well, right now social securityl prices down. diana fur furchtgott-roth will weight in on the price of oil right after this.
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we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up to me all the time and ask me, "does it really work?" and all i have to say is, "here i am. it works." my advice for everyone is to go with golo. it will release your fat and it will release you. stuart: our next guest was searching for her does and saturdayly her cousin was found murdered. ariella, thank you for being with us. take us through the story of what happened to your cousin.
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stuart: i'm not sure, can you hear me, karen? ariela, can you hear me? >> i can hear you. stuart: i'm not sure -- we don't have a good connection this. we will try to resume that connection if at all possible. i want to move onto this -- what looks like a wider war developing in the mideast. what are the implications of a wider war? diana furchtgott-roth is with us. we have relaxed sanctions on venezuelan oil. oil is down. in the event of a wider war, which i think now looks probable, what happens to the price of oil and what impact does that have on us, the markets and the global economy? >> well, i think that what this war has shown us is first of all, surprises happen. and secondly that we need to be self-reliant. we need to produce our own oil
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and don't want to go to venezuela begging ball in hand and saudi arabia begging ball in hand and full-time for president biden to roll back his war on domestic oil, which he hasn't. we're having a war on domestic oil. stuart: in all sense of reality, he's not going to do that. >> no would be would have said he'd build a barder wall and announce a war on the border. this would help him politically because he has a divide in his faction. he has a divide between the blues and the greens so there's the green environmentalists and the blue collar workers. he's been favoring the greens but not the blues so the price of electricity is up. the price of gasoline is up, the prices of appliances are up because he wants to outlaw for example gas stoves, dishwashers that use a lot of water. cars that people like to drive like f-150s in favor of electric vehicles that people don't want to drive. it would help him going into an election year and not that i, and the economists want to give
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advice to president biden, but i know what hi friends say and what everybody thinks, everybody thinks prices are too high, price of gasoline is too high, and they want something done about it. if he just said, all right, we're going to approve these leases sooner, we're going to approve the pipeline sooner and i'm not going to ask the securities and exchange commission to penalize companies because of the investments they make in fossil fuels. we're not going to penalize banks for the loans they make. stuart: i'm smiling because he's not going to do it. >> the middle east war is a perfect excuse. stuart: put your economist hat back on again. suppose it is a broader war and israel or the united states goes after iran and their oil facilities. the price of oil could easily hit $100 a barrel. i know we're speculating here, if it is $100, $110, $120 a barrel, what impact on inflation in america and global economy? >> it has hit $100 a barrel in the past and of course, if 2
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went for $100, $120 there's implications and we're the larnest producer of oil and gas and a presidential election from about a year from now and if that happened, he'd not be able to keep office. we have the power here unlike in 1973 to produce enough oil to sway the global prices of oil. we did not have that power before. stuart: i'm smiling because that is your line. you want to expand america's domestic oil production. i keep saying, there's no way he's going to do that. >> well, if there's no way he's going to do that stuart, he's going to lose office and the next person who comes in is going to do that. the biggest changes will b pres. there's going to be in energy, energy production, approval of leases, approval of pipelines, and just like between reagan and president carter, i remember waiting in lines to get gasoline. stuart: so do i. >> when president reagan was
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elected and took the oil caps off and all the lines went away. stuart: look, thanks very much for being with us, diana. i'm not a gambling man, but i'd have a bet with you that he's not going to expand domestic oil production, and you wouldn't take the bet, would you? >> no, i wouldn't. stuart: we don't gamble. >> because he does want to be reelected. stuart: thank you for joining us. >> wonder to feel be with you. stuart: thank you, ma'am. nikki haley warned the united nation's about hamas' threat to israel in 2018. do a little history, ash. take us back hawaii did she say then? ashley: yeah, five years ago as un ambassador, haley warned the un security council, the terror threats of the iran-backed hamas poses citing detailed plans that hamas had made to invade israel. watch this. >> they report that had hamas maps and social media show the fastest routes to reach israeli communities in case demonstrators make it through the security fence. they've reported on hamas
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messages over loud speakers that urge demonstrators to burst through the fence falsely claiming israeli soldiers were fleeing when in fact they were not. i asked my colleagues here in the security council who among us would accept this type of activity on your border? no one would. ashley: yeah, it's interesting at the time, stu, haley was trying to persuade the un to label hamas as a terror group, which by the way was snubbed or shut down by other members. that was five years ago. stuart: prescient i would say. ashley: yes. stuart: switching gears, it's the monday trivia question. don't look it up, people, please. what is the coldest temperature ever recorded in antarctica. that would be different if it was the arctic but antarctic.
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negative 92 fahrenheit, negative 110, negative 144? the answer when we come back. at humana, we believe your healthcare should evolve with you, and part of that evolution means choosing the right medicare plan for you. humana can help. hi, my name is sam davis and i'm going to tell you about medicare advantage prescription drug plans that can
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stuart: where do they come up with these questions. what is the coldest temperature
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ever recorded in antarctica. you have the good fortune to go first ashley. >> when i worked in montana, the coldest windchill while i was there was 80 below . if you get to 80 below in montana i would say for. stuart: i'm going to go with number three, minus 128. there you go, negative 128 fahrenheit recorded in july of 1983. i asked the producers is the lowest temperature in antarctica different from the lowest in the arctic in the answer is yes i presume it's a lower temperature in antarctica, i don't know why i presume that but i do, good stuff see you tomorrow, time is up for me, "coast to coast" starts now. >> happening right now day ten of the war in the middle east is

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