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tv   Varney Company  FOX Business  October 23, 2023 11:00am-12:01pm EDT

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>> any time there's negotiations like this and have
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the party as deeply divided as it is, it's a real problem. it's a real picture. this demonstrates why the old adage you don't negotiation with terrorists. it's a difficult situation and peep don't care about the value of life. >> it's not a economic calamity we're not producing american oil and gas as we should be. russia is a major producer of oil so they've benefited from this crazy biden energy policy and iran is a major producer of oil. he has in in inadvertently put y into the hands of the terrorists. >> when hamas attacked israel, prize of gold went up $160 and that conflict is far from over and there's a lot of people running to gold as a hedge against geopolitical turmoil. stuart: good morning, everyone, 11:00 eastern time and monday,
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dow down 200 and now down 26 and nasdaq up 26 and s&p up a tiny fraction. show me oil, please. down in price to $87 a barrel and here's where the action is. 10-year treasury yield and we came on the air this morning and it was well over 5%. now it's 491. what on earth happened. that's a huge drop in the yield implying a significant rise in the price. i think i've got that rice. that's the right way around. creed down and price is up. okay. flight to safety in other words and that's what's going on here. can we agree on that, gentlemen? >> exactly. stuart: okay. now this, in a time of war, you rally around the chief and don't want to encourage the enemy and tone down the criticism. toning it down doesn't mean you dismiss the anxiety or give leadership a free ride. it's hard to say this, but at every level america's leadership
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is in question. we're getting the exact opposite of leadership from house republicans who has confidence in a gop that can't agree on a speaker? you can't lead when you're being laughed at. on the other side of the aisle, leadership in the democrat party seems to be drifting towards the squad, they support hamas. congresswoman rashida tlaib never corrected her lie that israel bombed the hospital in gaza. leadership doesn't lie to gain ethnic advantage. leaders of the republicans in the senate is mitch mcconnell and has had health problems and twice blanked out in public. he's 81. the vice president isn't leading. kamala harris being shunted off on college tour and leadership doesn't waffle and shouldn't laugh at everything. which brings us to president biden. he is our wartime leader, and he is struggling to confront our enemies. he failed to show leadership earlier in the presidency and afghan debacle, y ukrainian
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invasion and they're not afraid of america. leadership at every level is in question, even in this time of war. yes, it is wartime, and our instinct is to rally around the flag, but leadership is in question, no doubt about it. third hour of varney starts right now. stuart: steve forbes with me this monday morning. what do you think of the quality of the american leadership at this point in time? >> it's sadly reminiscent of the leadership in the 1930s in france and britain before 1939 what we had in the presidency in late 1970s when our militaries deteriorated and soviet union on the march and losing communism and the mail tear was dilapidated and the leadership is bad and barack obama didn't do anything when putin took crimea, which start that had
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aggression in europe and trying to undermine nato. everywhere you look. what's amazing, even not to coon the haddist reigns leading thing, after the collapse of the munimunich agreement. this guy doesn't get the magnitude of the problems we have today. it's a crisis around the world. who knows what's going to happen in the south china sea. we're not even rebuilding our navy properly. we're not contracting with the south koreaens and japanese to build more submarines and no sense of anxiety and urgency. stuart: the president leads a divided party, badly divided and the republicans are divided in the house. it's hard to see how you can get enthusiasm for much more military spending at a time when you've got a divided party. >> that gets to your point on leadership. you just don't do one garbled speech that he did the other night and tieing ukraine and israel together. it's a constant basis and your team on a constant basis ask see leadership going against the grain of public opinion because an emergency is coming up.
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look at franklin roosevelt before world war ii when he started to mobilization industry for the coming conflict, even though the u.s. at the time was isolationist. that's leadership. seeing what lies ahead then figuring out how you go it. stuart: okay, next subject. bloom burg has an opinion piece and titled biden's economy is great everywhere except in the polls. what do you think biden's economy is great, steve? >> 330 million americans don't think so because they're running out of cash. it's one thing to have a greater value in your house but that's not cash to pay bills. when you look at cash, checking accounts, savings accounts, not in very good shape for most americans. in terms of wages, black americans they've gone down in real terms. hispanic herman americans, flat. white americans, barely. there's not much of an upturn coming up and the economy to use the french word sucks right now. stuart: wasn't expecting that. you threw that right out there.
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very good. very good. steve forbes, you're all right. thank you. now then, back to the markets. jason katz with us this morning. we've got a mixed bag on the market this morning, no clear trend. do you think the bears though, the bears, people are thinking it's going down, do they have the upper hand at the moment? >> for the time being they do. they're singing their bearish teeth into the fact that you have powell doubling down on higher for longer. they're looking at parabolic rise in interest rates, and it's not just the move up in interest rates, it's the speed in which it's occurred. then of course you have the travesty in the mideast and implication it is has in a variety of things notwithstanding oil, which is right at the core of the economy. on the other hand, stu, the bulls looking at earning ands earnings with the first quarter and three quarters and positive year over year results. 70% of companies has reported
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thus far and big week with big tech reports and with what has reported, 70% have beaten expectations so i submit to you, it's not a market that you want to buy. it's a market of ideas and it's a market of stocks and sectors because on an index level, it'll be tough sledding here. stuart: it's interesting though that the yield on the 10 year treasury, when we came in this morning, well above 5%, now it's up 491. i'm trying to explain that as a flight to safety. that's what's going on here? >> yeah, listen. you have the potential escalation and that looks like the likelihood and when that occurs, you see a flight towards gold, a flight towards treasuries, the dollar. in the context of how much the ten year has moved up from 33 back in march to now flirting with 5%, a little reprieve today is not necessarily the beginning of a trend. i think rates remain elevated for longer. stuart: is much of the market cheap, and i ask that because if you take the big tech out of the
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s&p 500 what you're left with is a whole bunch of stocks that only 14 times expected profits in the future. that to me is cheap. >> yeah, 493 other stocks are sub14 times earning ands look at s&p growth index, it's up 17% this year. look at value index and it's up like 3% this year. so look at laggards like industrials, or look at utilities, i think you'd love utilities because they're bond proxies and tell us all the time, why not bonds or cash. utilities have gone down 17% this year because, you know, they're regulated and have stated dividends and when rates go up, they go down in price. if you believe that we're close to the end of the interest rate hiking campaign, you can get 4% on the utility index in a regulated industry that's largely recession and inflation resistant. it's a pretty defensive measure that the good -- the best
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offense sometimes is a good defense. you can get along that area here. here. stuart: sounds good to me. lauren is back and looking at movers. one is walgreens. it's up. lauren: at 5 mercer and leading the dow and s&p and leading the nasdaq up. shares down over 40% this year. now jp morgan says buy it. they're in the start of the turn around with their new ceo tim went worth coming in. he starts officially on the job today, and he has healthcare experience and walgreens will branch out of just being a pharmacy drugstore to a healthcare company. stuart: his appointment made a huge difference to that stuff. talking about that. mgm. lauren: hsbc niche -- hsbc initiated coverage with a buy rating and 49 price target and that implies this stock is going up another 40%. it's simple, covid accelerated shifts in lifestyle and behaviors and reshaping travel and leisure and we want to go
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places and spend money and mgm is a beneficiary of that. stuart: a lot of things changed in the pandemic. lauren: orudis poseable income did -- our disposable index did. we've had a abbyed consumer -- a abed consumer spending. stuart: what is it? rabid spending. stuart: occidental petroleum. lauren: down 3%. they're selling off, i think, on the intensification of the diplomatic efforts to prevent the israel-hamas conflict from escalating. if iran doesn't get involved, oil sun touched. it's surprising they're moving down after another megadeal in the oil patch. a few weeks ago, exxon and pioneer and today it's chevron and has. all the ail is down today. stuart: maybe war can be
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contained in the immediate future. that's the objective here. thanks so much. border patrol reports that more migrants are crossing the border from mexico. first time it's happened and we'll break down the numbers for you. u.s. increasing in the middle east after war in israel escalates. watch this. >> we're concerned about potential escalation and because of that, we'll do what's necessary to make sure that our troops are in a good position. stuart: keane is a retired four-star general and he's on the show. south lebanon entiris rale and hamas holding over 200 hostages in gaza. microphonen in ziti -- mike to bin in israel with the latest, next.
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to receive 50% off installation of your kohler walk-in bath. and take advantage of our no interest stuart: overnight, israeli war planes bombing tactors across gaza following strikes in the west bank, syria, and lebanon over the weekend. mike tobin in ashkelon with the latest. mike. reporter: stuart, one of the thins the israeli defense force did was a screening of the press for some video seized by hamas attackers, go pros and security cameras from the israeli side and audio and cell phones seized and all an attempt to display the savagery of the hamas attackers and obviously attempt by the israeli defense force to combat the narrative that is out there that you see from the demonstrators in a lot overprices that israel is somehow the aggressors.
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the real truth is i can't show you most of what we saw in this video because it's too horrible. but things like israelis in their cars, amb ambushed and shn cold blood and a girl hiding under the desk executed and people huddling in the safe rooms and massacred in the safe room there is and israeli father who took his sons and ran into the bomb shelter. the hamas attacker threw a grenade into that bam shelter, killed the father. one of the boys appeared to lose an eye. they both screamed for their father and screamed for mother and seemed to initially survive that particular attack. they took selfies while they went back into gaza with wounded hostages in the bed of a truck. there was audio that was released by the idf of one of the attackers in gaza and bragging he killed ten people telling parents they should be proud because he was a hero for killing hose people. here's the idf spokesman.
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>> wasn't sporadic freedom fighters fighting as a welfare organization and that's how hamas portrays himself to the world and brutal ruthless tactics and even worse. system of articulation reporter: we hear air strikes continuing to go into the gaza strip and they've been constant and picked up overnight and israel operation headquarters and compounds and hit observation posts and all of it is preparation for the next phase, which is widely interpreted as the ground invasion. there have been some israeli forces on the ground and leapted incursions and israeli defense force is part of what they're doing is gaining intention about where the hostages are. stuart. stuart: mike tobin, thank you, mike. defense secretary mike austin said the u.s. is bolstering its presence in the middle east. watch this. >> we're concerned about potential escalation. in fact, what we're seeing is
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the prospect of a significant escalation on our troops and our people throughout the region. stuart: general jack keane joining us this wider morning and what is america's military role in this? >> yeah, this exists and listening to the secretary there and what he said, he's seeing the prospects of a significant escalation and what that tells me is that obviously they have intense that indicates there'll likely be an expansion and we already have u.s. bases in iraq and syria that have been attacked by iranen proxies and destroyer that was attacked and defeated, a missile attack and that same source to w hoothies
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sending rocks and missiles to israel and that same destroyer defeated. it appears to me, look, the iranians green lighted the operation that hamas conducted the butchery and slaughter of israeli citizens that we've all been reporting on for 17 days. the preparations to do that and it'll be dependent what on the gaza operation that the israelis are conducts. they've stated their obviousive is to dominate and control the middle east and control the flow of persian gulf oil, stuart. something that you report on regularly.
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it's out of the re-on and all part of the same tire here as as far as i'm concerned and deploying assets into the reis the appropriate thing to do to possibly deal with our own military reaction but we also need additional assets. the air defense systems and we have army bases, air bases and in multiple countries in the middle east. not just in iraq and syria. we have vulnerabilities there to attack as well as significant capability to do something about it. >> general, we're just receiving this, two u.s. defense officials confirmed to fox that a base housing u.s. troops in syria was attacked by drones this morning. no injuries are being reported and this continues what you're talking about, attacks by
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iranian proxies on american forces essentially. what should our response be to these attacks? >> well, i think our response has not been sufficient, we're defending them and that's the appropriate thing to do. in other words, a drone has come in our direction and knock it had down. certainly and knocked missiles down. but we haven't been taking aggressive action. stuart, our audience understands for three years that the biden administration has been in power, the iranian proxies have been attacking our bases in iraq and syria close to 90 type and we've only responded a handful of times counting the responses we've had just recently. one of the reasons iran has been so aggressive and we've not deterred them and hamas is unimpeded in terms of the damage
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they're trying to do to israelis and they're backing that and likely going to expand the war and they see opportunity here and united states does not deter them and these proxies are attacking them right now. we should be taking capability to attack us and break their will in terms of doing any further atabs. stuart: all sounds ominous but there you are. general jack keane, thank you for being here, general. see you again soon. >> sure, great talking to you. stuart: sure thing, sir. 9 people arrested in new york -- 19 people arrested in new york city over the weekend after anti-israel demonstrators clashed with police officers. anti-israel demonstrations continue to take over college campuses. my next guest is a jewish student at georgetown university and said he's afraid to go to class. he's next. ♪
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stuart: college campuses all across the country are seeing a spike in anti-israel protests. lydia hu joins me this morning.
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we've talked about donors closing check bobs because of incidents like this and how else are they hurting the schools? >> we're hearing from students that think twice about sending kids to college and now this anti-israel dialogue. >> the liberal slant and parents have to make it known how they feel. they have thereon views and values. >> current students predict a drop in interest from perspective students because they say jewish students on campus are now scared to go to class. >> makes you feel scared. makes us feel squared to go to class. scared to wear jewish star in public. you know, campus that promotes
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diversity and inclusion right now about 15% of population feels alienated. >> the reputational damage and coming from reynold lauder and -- ronald later empire and he advised the university he's re-examining his financial support after the school allowed anti-israel speakers at a created cent event celebrating palestinian authors and wrote in a letter to the university president "i've been very proud of my family's relationship with the lader institute and i'm so sorry that the graduates will now be tainted by their school's new reputation". stuart, more anti-israel demonstrations appear to be scheduled for the rest of this week and we'll continue to follow it. stuart: thank yous, lydia. vivek ramaswamy does not think publicly releasing names of harvard's anti-israel protesters would be good for america.
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michael is a jewish student at georgetown university and he joins me now. how do you feel about releasing the names of very anti-israel prohamas people at harvard? >> listen, stuart, i read the letter, i thought it was utterly reprehensible from a his store cal standpoint and what was in that letter. i have to agree with vivek here. as a college student, i understand what the petitions are like. the president takes a quick scheme of the letter and signs on the entire club. i bet the vast majority of club members didn't know anything that was written in the letter and don't think they should lose students and have lives ruined because their president did this reprehensible letter signing. that being said, i think shame on those students for not being willing to put their own names on the letter. if they're willing to put the organizations name and hide behind the organization, they should be willing to put their fam on it as well. stuart: something else that troubles me, is students anti-israel protesters in masks. that is a problem to me. i don't think they should be allowed to do that frankly
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because that's a threat to you, isn't it? joe listen, i have personal experience. last week i attended a propalestine rally and i wanted to hear what they had to say. i showed up to listen to the person speaking. within 30 seconds, somebody comes up to me recognizing me from the fox hit last week and asks me to leave. wouldn't tell me his name or show me his face. no doubt that jewish students feel unsafe on cap puss when this is a-- campus when this is allowed and jewish students speaking out in favor of israel. >> finding this -- stuart: do you find this at your university that you're unsafe on campus? >> i think that george down has done a pretty good job of making jewish students safe. i'll caveat that the vast majority of what i've been saying and pro israel sentiment is positive from colleges and friends and family and i have to feel safe and i feel safe going to classes. however, i've spoken to students at nyu and harvard and columbia and i can't say the same for them. it has been a lot worse around those campuses. stuart: how do we get through
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this? there's clearly a wave of anti-israel? i think it's anti-semitic feeling all across college campuses in the university. how do we get beyond that? >> it's a tough question. i'd like to say i have the answer and best thing i can say is education is the best thing that can fix these kind of incorrect septemberment and students need -- sentiment and learn about the history of israel and current state of the world and obviously to see the necessity of a jewish state and understand the historical context of the existence and we're lacking that. there's really a lack of that pro israeli perspective on the campuses. stuart: i feel dismayed it should come to this. it just seems utterly wrong and i'm personally dismayed about it. how about you? >> i have to agree with you there. i attended a panel last week about israel and palestine and four professors and three on the palestinian side and one on israeli side. every time you heard some kind of pro plastein indian sentiment, there was a -- pro
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palestinian sentiment, there was a rouse of cheers and not the same for israel. a student not knowing could walk out of the room and have anti-israel perspective and i can see how that's possible and that's so sad. there's such an imbalance of perspective on the rooms of the campus. stuart: michael, thank you very much for coming on the show and telling us how you feel and telling us what's really going on. we really appreciate that, michael. stay in touch, please, and come back soon. >> thank you for having me. stuart: you got it, sir. massive anti-israel rally in brooklyn and got rowdy over the weekend. ashley, how many people were arrested? ashley: yeah, it did get rowdy, 19 people were arrested as thousands of demonstrators clashed with police and the flood brooklyn for palestine protest shut down traffic in the area for hours and nypd struggled to contain the mob and lobbed eggs at cops and lit fire in the str streets and waving palestinian flags and one
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protester trying to stop cops pulling away a woman hodding a zionism is genocide. officers were hitter, shoved, hit by flying debris including bottles. it was rowdy. stuart: what this about alexandria ocasio-cortez accusing israel of war crimes? ashley: well, aoc insists she's not defending hamas as she o causes israel of committing war crimes. she was asked if israel had the right to defend itself. here's her answer. >> i think one of the things that's important to recognize about this situation is the asymmetry of what is going on as well as the collective punishment of what is happening to the pal tin indian people at
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this -- palestinian people at this moment. hamas is engaged in horrific attacks. however we do know as well that war crimes do not constitute and are not an appropriate response for other war crimes. ashley: the progressive squad member went onto accuse israel for a bombing campaign against gaza and questioning the effectiveness of recent actions. stu. stuart: heard enough. thanks, ashley. chicago, starting to gear up for next year's democratic convention and however the city's migrant crisis causing problems for that upcoming event. we have the story. border patrol agents encountered 169 people on the fbi's terror watch list just in the last 12 months. that's higher than the last six years combined. casey stegall has the very latest on the border crisis. casey is next. ♪
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stuart: a record 270,000 migrants crossed the border in september and that's the highest tally ever. casey stegall joins us from texas. what's going on, casey? >> stu, we keep breaking records as the numbers were reported over the weekend and the fox flight steam drone captured images like the ones you're about to see down in eagle pass under that bridge where we spent so much time. a steady stream of migrants illegally crossing the rio grand river and turning themselves over to border patrol agents. now september was the final month for cvp's fiscal year 2023, and it was another for the record books. with close to 270,000 migrant encounters reported, which brings the grand total for the year to just under 2 a 2.5 milln
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total encounters just at the southern boarder and highest ever recorded. of those, cvp says 169 were on the fbi's terror watch list. that's up 98 from last year, and it's more than the previous six years combined. >> the biggest piece of this number that concerns me the most is the people they arrest on the terror watch list. they arrested 18 in one month. four years in the trump administration, we got 14. that's my biggest concern. >> also fueling the concerns is the number of got aways and those who evade law enforcement and are not taken into custody. they slip into the country's interior. law enforcement officials say there were some 1.7 million of those last fiscal year and cvp sources tell fox just since october the 1, there's been more than t 23,000 of those, that's more than 1,000 every single day
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since this brand new fiscal year just started. stu. stuart: extraordinary number. thank you. for decades, people from mexico accounted for vast majority of illegal crossings. come on in here, ashley. that's changed. it's not mexicans any longer. who is it? ashley: it's venezuelans topped mexicans for the largest group of nationals arrested for illegally crossing the u.s. southern border. it was last month, month of september. u.s. customs and border protection recorded 218,763 encounters in september. that was up 21% from august and close to a record high. now, venezuelans top the list as you can see with nearly 55,000 arrests followed by 39,733 mexican nationals. first time that's ever happened. guatemalaen, h hondurasen roundd
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out the top five and more than double the number of chinese obtained from the month before. i find that remarkable. stuart: it really is. the migrant crisis is causing big problems for chicago where the democrat convention will be held next year. what's happening in chicago? chicago? ashley: they're overwhelmed and winter is fast approaching and they're accommodating a flood of migrant buss that continue to roll into the city. the mayor's office has seen a noticeable increase of migrants since chicago was announced as a host city for the democratic national convention. i'm not sure why, but that's what's happening and the city is looking to build tent camps to accommodate the influx with the goal of getting the new arrivals off the floors of police stations and other public stations before the cold weather sets in. illinois governor jb pritzker is asking for federal help. they all are. while saying that border
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politicians, especially those in texas should stop sending people only to blue cities and blue states. all i have to say is that he's forgotten that blue cities and blue states are a sanctuary, include z his own, stu. stuart: precisely. well said, ashley. look at this, a sense of the market now from the dow 30 stocks. even split, almost precisely so. half up, half down. virtually no change for the dow. it's up a mere five points. coming up, president biden spoke to western leaders over the weekend and trying to rally support for israel and ukraine. jacqui heinrich at the white house with more after this. ♪ burglar
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stuart: president biden working to rally support around israel and ukraine. jacqui heinrich at the white house. what exactly is the president doing, jackie? >> well, stuart, the president's $105 billion funding request is effectively in limbo in congress until the house has a speaker. however, the president got an assist from senator mitch
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mcconnell over the weekend trying to convince some of his republican colleagues in the lower chamber that this funding is necessary, especially because it does include the border but so far it has not been enough to tamp down any opposition to folks on the republican side and weary of humanitarian support and continued ukraine funding. listen to what he said. >> about $90 billion and housing refugees travion green escaped from the war and we're providing more military and they're providing more humanitarian and taking care of people that escaped from ukraine during this. i think the nato countries are by in large carrying their load. >> biden ball languaging careful un-waiverring support with israel with concern for civilians and hostages in gaza. fox broke the news last week
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that team biden privately urged israelis to delay the ground invasion till safe passage could be secured and the administration denied it in statements they issued to other outlets and then in this past weekend, the president spoke to this himself. listen. >> [inaudible]. >> only to be followed up by a walk back from the white house reading the president was far away and didn't hear the full question. the question sounded like would you like to see more hostages released? he wasn't commenting on anything else. now today, officials are towing the line on what exactly the u.s. has been pushing for. >> whether there is or is not an outdoor ground incursion is the manner it's executed and since
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the beginning of the conflict, talking to israeli counter parts about the plans, intenses and strategy. >> so, stuart, the reason i bring this up is having the u.s. articulate exactly what the strategy is for israel is going to be important to getting the funding passed and with ukraine aid, support eroded when people felt like there was not a clear octoberive or strategy and whether we were giving them money to win or survive. back to you. stuart: jackie at white house, got it -- jacqui at the white house. got it. do you think the jewish community typically voting democrat will change? >> yeah, stu,s that has been the case but the trend lines are moving towards the republican party and so for example, in 2016, president trump got 24% of
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the national jewish vote. in 2020 during his reelection, he got 30% of the national jewish vote and last year in 2022, ron desantis got 45% of the jewish vote in florida and lee zeldin got 46% of the jewish vote in new york. the trend lines are improving and getting good for the republican party, and we very much expect that to continue into the next election as well. stuart: so you should because the democrat party is split and there's far too many an semites on the left of the party. your group is cosponsoring the next debate. how big of a role will is it play, miami november 8, how big a role will the war flay >> i fully expect foreign policy and america's role in the world will be a critical piece of the debate. we're looking forward to cosponsoring the debate and first time a jewish organization cosponsored a national presidential debate and it's
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really exciting and a great lean in from the rnc to really elevate the jewish community and our voices as the horrific events of october 7 in israel have unfolded, and we're very excited to hear our candidates vision for what america's role in the world is moving forward. stuart: did you ask for a position in the debate? >> it had been a conversation ongoing in the summer and events in israel came to light, this organization, the rnc decided it was important to elevate rjc and jewish voices in the community to make sure that our issues were given a platform and brought to the forefront of the next important debate on november 8 in miami. stuart: are you views getting a big enough platform in >> i do. i think the republican party led by chairwoman mcdaniels and a created job making sure the rjc and jewish voices are heard in the gop as opposed to unfortunately the other side that seems to elevate all the song sorts of people. we're looking forward to the next debate on november 8.
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stuart: sam, thank you very much for being with us. come back soon. >> definitely. stuart: now we want to mention this, manchester united legend sir bobby charlton has died at the age of 86. one of the best known football players in england. ashley, come in here for this, please. ashley: yeah. you know, he was an icon of english football and around the world as you say. he was one of the original buzz be babes and that was an unstoppable team under manager busby till a plane crash in munich that killed eight members of the team. bobby charlton survived and went onto win three league titles with manchester united, european cup, fa cup, and most memorable to every englishman the 1966 world cup for england. he retired in 1980 but you know what, one thing i thought about this, stu, over the weekend was every schoolboy, everyone i ever knew was kicking a football around on the playground, we all
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stuart: away we go with the monday trivia question which u.s. city with a 90 day departments world cup soccer final, pasadena, california, massachusetts, new jersey, chicago, ashley ethic both you and i should get this right. >> we should embarrassingly i hope so, pasadena, number one. it has to be pasadena. by the way, brazil and italy on penalty kicks, that was 1994, a quick check of the market, we have a turnaround, in the green, oil is down, the ten year treasury just down in stocks have gone straight up, very different from where we open the market two hours ago. that's it for "varney & company", "coast to coast" starts now. >> a very big hour ahead almond
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