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tv   Varney Company  FOX Business  October 30, 2023 11:00am-12:00pm EDT

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>> i'm in favor of workers getting highest possible wages they can, but when you have these companies like gm and ford and big trouble financially right now, boy, it's hard to see how they can stay in business with these really high big raises that they're offering. >> defense authorization bill has been sitting in the senate since july. the border security funding bill that the house republicans passed has been sitting in the senate and yet chuck schumer sit there is and will not pass the bill on two areas that are critical for americans right now. >> two-state solution is as dead as julius cesar. what replaces hamas? you're going to have a vacuum. something has to fill in the short term that's going to be the israeli military. >> democrats going back 10, 15 years with openly use what had they call identity politics, which is dividing people by race, this is what happens and what you're seeing in the states and on campuses is a direct result of that kind of politics.
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stuart: all right, it's 11:00 eastern time, it's monday, october 30th. let's check the markets first of all. the dow is now up 301 points, nasdaq approaching a 100 point gain. i'll call that a rally. show me big tech, please. that's where the money s. all of them, i think, last time we checked all were higher and still all higher. amazon, meta, alphabet, apple, best gain is amazon up 2.5%. 10-year treasury yield going up this morning. you've got a big tech rally nonetheless and 489 is your yield on the 10-year as of now. auto makers and there's reports of a tentative deal between the union and general motors. ford is down 987 is the quote on ford. now this, there's been plenty of positive news on the economy recently. we seem to be ignoring it.
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poll after poll shows dissatisfaction. why is it that with growth up nearly 5%, unemployment blow 4% and -- below 4% and inflation declining and latest gallop poll show only 20% believe the economy is excellent or good? that's a very low number. answer: real wages. that is adjusted for inflation. they're down. i put a number on it. real wanes are down 3% since 2020. your real buying power is down. you can feel it. wages are not covering bills the way they used to. this will provoke a lot of looking back to good old days when trump was president. last time gallop found the majority and thought the economy was good and mid 2018 to march of 2020. those were trump years. the thing about inflation is you feel it. you see it, and anecdotally we've known times at grocery checkout when you're shocked by what you're having to pay. it seems like everything has gone up and you know the money
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you make doesn't always keep up. that's why our collective economy is negative and that's why so many people look back at the trump presidency with some nostalgia. third hour of varicose veins any starts right now. stuart: let me change the subject and get to this, brace for wind and electric vehicle bailouts and headline in wall street journal opinion and steve forbes is joining us this morning. is a busted ev coming? >> it's happ happening and ford pulled back on $20 billion in commitment and gm no longer with a timetable and ford losing $30,000 in each ev vehicle it makes. they can't make money on it. if the government followed through and mandating these things through regulation or outright ban, all of those companies will go bust. that's synergy home uaw enjoy
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the bargaining table and coming to washington for 2008, 2009 bailout. system of articulation stuart: have to be a bailout for some of the big three. >> persist on the ev and markets are pushing back. stuart: biden will never pull back on the demand for all driving electric cars. never will retreat surely. >> circumstances have a way of election speaking and three big auto companies getting in financial trouble. that's not something you want to run on and that's why you're seeing the behind the scenes for biden to step down. it's a matter of time. >> okay. >> goldman sacks and chief executive thereof and david solomon doesn't see interest rating returning to 70s and 80s. we remember 70s and 80s and paid
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12.5 on a mortgage in late 1970s and my colleague ashley webster paid 16% in early 1980s. i don't think they'll return to that level, do you? >> no, the markets are pushing up interest rates now, which gives the federal reserve to stop artificially raising interest rates. the fed has an idea to slow the economy to bring inflation down and that'll bring rises down and not enough money to spend and sell the merchandise and there's sales and stabilize the dollar from mid 1980s and mid 1990s and fed has to do it again and get off the destructive course and leave interest rates alone. 16 trillion next year, nod good. >> we have to borrow 6 trillion. >> about a trillion and a half of deficit and rollover and existing bonds. bond comes due, got to reissue and go to market again.
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you've got to volume of almost 6 trillion coming up next year. markets are saying you're going to pay for it. or the fed will be pressured to buy bonds again. not good for inflation. the federal reserve raising rates in the war on the middle east. jowski way. stuart: dow up 320 possibilities and rally continues. appreciate it. back to markets and jason katz on this monday morning and i know because i read your stuff and send to me protectly. thank you very much. you're predicting a mild recession in the second quarter of next year. >> we have the war, who knows what that does to oil and
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sentiment of consumers and businesses and this whole narrative that everyone bought into up till two months ago of soft landing, i won't say it's out the window but it's clearly being called into question. that being said, we're not calling for anything severe. i sat with a client last week, a 50 year veteran of business and a mo mogul in industry and never seen a knockout, dragout sub4% unemployment rate and doesn't expect to go higher because he like other employers are desperately holding onto their people. they don't want to be caught with their pants down like during covid. a mild recession is in the offing, but the operative word is mild. stuart: can you explain today's rally. looking at bot toll right hand corner of the screen up 350 on the dow, about 100 on the nasdaq and there's a war on the mideast. it's intensifying. how come we've got a market
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rally with intensifying war in the oil patch for heaven's sake. >> at the risk of oversimplifying and the market know what is it knows and know the war is raging on and approaching 5% on the 10 year, we know all these things so here we're coming into the week where to your earlier question to steve, fed's not raises rates. and we're also going to get continued good earnings gutfelled the challenge and good gdp and earning ands not good enough on the index level to make money. beneath the surface, it's not good enough story and behindly buying s&p and nasdaq, that ship has sailed. stuart: am i okay bying 5% indexes. >> you are but i heart countless guests on junior show saying watch for reinvestment resident and can why not get bullish on bonds and why not buy a 10-year lateral portfolio in new york and get a 6+% tax yield and get
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bullish on bonds and get equity-like returns and take on two-thirds of the risk. stuart: got it. got it. that's good stuff, jason. axeling yourself today. superbed. thank you. lauren is looking at movers and one mover is southwest airlines. up or down? lauren: it is down. remember the winter meltdown? it was like the ten days around christmas last year when they canceled like 17,000 flights. now in a filing southwest says the department of transportation will din them with a civil penalty for bad customer service in that experience. socket down about 1%. stuart: southwest was the darling of consumers and everybody loved southwest and no first class and all that kind opportunistic thing. look at them now. lauren: don't go overseas and hindering them right now and pent up demand to go. stuart: hsbc and hong kong and shanghai corporation back in my day is down. lauren: most up today on the med feeting this week and high --
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meeting this week ask hsbc lower and the buy back and investors are warning profit margins are shrinking because costs are increases and spending on technology and they're considering another bonus for staff. stuart: no bank like the congress honing and shanghai. they were king on the hill. i don't understand this one, on, o-n, semiconductor. it's a chip stock and down. lauren: worst selloff in three yeyeyears and guidance for this current quarter is weak and no service in the automotive and industrial end markets that they make chips for. that's the bottom line. stuart: what a slam 25 is, 18%. my goodness me. thank you, thank you. spike ere mike johnson making a vote on stand alone bill for israel this week. where does that leave aid for ukraine. congressman chip roy on that.
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jewish americans are safer in in saudi arabia than a college campus in america. >> one of the ironies is as a american jew, you're safer in saudi arabia than a college campus like columbia university and spoke at conference and allowed me to speak freely. stuart: pathetic. more anti-israel protests continuing across the country. demonizing the new house speaker and painting him as far right republicans and going after his faith. chad pergram on capitol hill with the latest, we'll be back. ♪ ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk,
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stuart: house democrats wasting no going after the new speaker mike johnson and chad pergram on capitol hill. what are the democrats saying, chad? reporter: stuart, good morning. democrats want to make sure you know their version of house speaker mike johnson and democrats are portraying him as a boogie man ahead of 2024. they're highlighting his faith and positions on the 2020 election. >> he was part of a case to try to overturn the election and so he is somebody who uses his legal experience and skills to essentially try to usher in a christian theocracy in his speech to the house when he was first elected, it was completely and totally about him as looking to the bible to, you know, guide his leadership. reporter: democrats characterize johnson as a right wing id log and democrats -- ideologue and
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democrats criticize huswifes involvement with a christian con selling service and -- counseling service and he believes his positions are too conservative for swing voters. >> things we are learning and have learned about our new speaker and where he stands on the issues are very concerning. reporter: democrats suggest that johnson's faith goes too far. johnson is trying to avoid a government shutdown next month and still faces the same threat, which undercut his predecessor, the motion to vacate the chair. >> everyone has told me that rule has it change. look, i'm not afraid of it because i'm going to openly work transparently with every member and everyone will understand what we're doing fully and that's a big part of it. the rule make it is difficult for any speak tore do their job. reporter: republicans long demonized house speaker nancy pelosi for political gain. now democrats intend to dot same
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with johnson. stuart. stuart: chad, thank you very much indeed. chip roy, republican from texas joining us now. congressman, speaker johnson says avoiding a government shutdown is his top priority. may i ask if it is your top priority is, congressman? >> well, good morning, stuart. i'm going to tell you, my top priority is trying to honor my commitment that i represent and starts with doing what we said we'd do and cutting spending, reducing the size of government and focus defense on killing people and blowing stuff up rather than become ago social engineering experiment and securing the border of the united states. everybody shares the goal in making sure the priorities of the government are funded and the men and women in uniform are receiving paychecks and not the expansive of using power of purse holding administration accountable and see what happens between now and november 17 but speaker johnson has a lot of work to do to get appropriations bills done over the next two and
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a half weeks and set the table for actual debate for the american people about making sure we take our country back and stop spending money that's driving up i think fellation and killing the economy -- inflation and killing the economy and manners of engagement and leaving the border weed open for exploitation by terrorists and all manners of individuals that can harm us. stuart: reading between the l lines, sounds like you're a holdout again and prepared to shut the government down. you are, aren't you? you are. >> let me say, stuart. the question is do you believe we should copt to fund the united nations that stood with hamas? should we continue to fund a wide open border that's endangering my constituents and people are dying from fentanyl? should we continue to fund a world health organization and all the leftest organization, in rags that have been undermining our ability to have healthcare freedom around the world? these are questions we should be answering and continuing a resolution of a bloated 1.7 trillion spending bill driving the inflation that you report on every single day
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dealing with the market conditions and problems in our economy because our government irresponsibly spends money. i'm not going to write another blank check for all americans to wonder what their leaders in washington are doing. stuart: i do remember three, four weeks ago the house republicans rejected a deal that speaker mccarthy worked out because they said said it wasn't good enough and had three weeks without a speaker and the republican party was embarrassed up and down the wazoo throughout the entire country. we had that four weeks ago, are we doing that again? >> remember, stuart, i was apart of putting forward a proposal that would have reduced spending, secured the border and kept the government going. stuart: you didn't have the votes. you didn't have the votes. >> stuart, that's true. guess what -- now we have the speaker. stuart: what is the point? if you know you're go gone -- yu don't have the votes and shut down it and are embarrassed all over again? >> what do you want to do?
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sign up for endless spending plan for the colleagues that's destroying the country? if that's what you want, bring democrats on the show and vomit out the ridiculous spending program and my republican colleagues that refuse to do their job and do what they said they would do. i'm not backing down, not one inch am i backing down when my border in texas, when this border is endangering the people i represent and when we're involved in all sorts of entanglements around the globe and funding $100 billion to eugene and no clear mission and now $14 billion for israel, i support but should be paid for to be very clear to my republican colleagues. if you don't pay for it, i'm not supporting it. we need to do our job. the american people are tired and it's game time and i'm not backing down because of a little speaker kerfuffle. my policy stayed the same under mccarthy and i didn't vote to vacate but to continue moving forward and moving the football down the field and moving forward legislation to get the job done. i'm not going to just, you know,
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roll over because now we have a new speak ever. stuart: congressman, we admire your position and glad you're here to present it so us with a smile. we appreciate that, we really do. we're both smiling. that's how you end the discussion. come back again. see us soon, it was good to see you. >> thank you, stuart. stuart: yes, sir. jared kushner, he's the man that helped negotiate the abraham accords and worried for safety of jewish students on college campuses. lirk se had got back from saudi arabia and was able to speak there freely and made this contrast, watch. >> one of the ironies is that as a american jew, you're safer in saudi arabia right now than you are in a college campus like columbia university. i spoke at conference they allowed me to speak freely and people of saudi arabia have a lot of sayre for the palestinians and like to see israel accomplish the mission to make sure that the hamas can be eliminated. lauren: he also said there was disgust in saudi arabia at hamas
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for the attacks yet today one university in new york will hold a vigil for the palestinians, only the palestinians that died. not the israelis. cornell university got threats calling to slit the throats of jewish students on campus, rape the women and shoot up at their kosher dining hall. that's happening on our -- not higher -- like very good colleges, prestigious universities. stuart: that's encouraged by certain members of congress and that's outrageous. lauren: how did we get here? stuart: it's a long story, i'm sure. thanks, lauren. president biden signing executive order on artificial intelligence and hoping to develop new rules and gerri willis has details. this new book out about billionaire elon musk. i want to know is musk as important as steve jobs in the great scheme of things? isaacson is coming up. ♪
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stuart: it's a rally despite the war. people looking towards wednesday and maybe no rate increase from
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the fed, earnings reports strong and dow is up 280, nasdaq now up 71. had been up more than 100. lauren is with me and the movers start with, mcdonalds. lauren: a dow stock sales rose over #% because they were ability to -- 8% because they were able to charge more for their cheese burgers and chicken mcnuggets and online order picking up. the stock took a tip and they were a bit cautious and said look, our consumers are cutting back a bit, especially the lower end consumer but the higher end consumer is straying down to mcdonalds where they get value. mcdonalds is appealing to everybody because it's affordable. >> yes. tesla way down 4%. what's the story? lauren: 4.5%. remember on semi guidance and they cited increased risk to
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automotive demand and higher interest ra rates and panasonic gave a profit rating to low demand for premium tesla models and a one two punch for a company like tesla. stuart: tesla dropping below 200. thanks, lauren. today president biden sign answer eb executive order to legalize artificial intelligence. gerri willis is with us with more. >> it wants to put limits on a and i recollects corral and put the genie back in the bottle and hand out tests, safety tests and they have to report back to the government and they want limits due to privacy, fraud, healthcare and even hiring and they want to make sure ai doesn't lead to racial discrimination and hiring. it covers a huge wide swath of things. look, the slowing and development of ai will be difficult and new report from international data core predicts spending reaching $143 billion in the next four years.
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listen. >> investment needs to go and govern it and make it responsible. >> meanwhile, google, one of the biggest players in the field responding to ai executive order this morning saying to fox business we're reviewing today's executive order we're confident that our long standing ai responsibility practices will align with its principles. they say we look forward to engaging constructively with government agencies to maximize ai's potential. of course as you know, i don't have to tell you, stuart, investors are rewarding early ai leaders, nvidia, google, amazon, microsoft. you name it. it's a cast of characters and the huge technology leaders kevin software providers and c23ai done well too and see here. google agreed to invest up to
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$2 billion in a company called anthropic and ai start up and they've committed $4 billion to the same company and former ai engineers in 2021 with a goal of developing rival ai technology and of course microsoft is spending a ton of doe, $10 billion in openai and maker of breakout chatgpt bod in january, it's investments means that the company now has a 49% stake and the big tech companies are a race to develop their own ai technology to power audio, tech, and image technology. look, experts say the u.s. may be behind the curve and that more spend asking needed, not less and speaking of spending money, my friend, today's executive order says they -- the federal government will spend more money on ai and there'll be all kinds of money rolled out by the federal government to promote it. stuart: voluntary compliance with the new rule s? >> what we were told by the
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white house is this order, this executive order has the force of law. i'm sure we'll have to wait and see if that's the case. >> precisely what is the law. stuart: thanks, gerri. next guest wrote highly anticipated biography of elon musk. walter isaacson joinings now. sir, great pleasure to have you on the show. thank you for being here. >> great honor, stuart. thanks. stuart: it's our honor, sir. tell me, please, what truly motivates elon musk? >> you know, ever since he was a scrawny beaten up little kid, very lonely and no friends in the bookstore down south africa, he had three great missions because he read the super hero comics and read syfy, one was to re-inveigh rate space travel and the other was -- reinvigorate space travel and sew lori harmon roofs and battery packs and charging networks and third y'all just talked about, he he read the robot stories and was
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worried about artificial intelligence safety whether the robots would turn on us. stuart: what's the politics? he seems to be moving to the right on x formally known as twitter? >> absolutely, he's been moving to the right for the past three years for a variety of reasons. he started off basically as somebody who raised money for barack obama, but there were a couple of things that pushed him. one, he thought that the covid lockdowns and the regulations were far too onerous and governments were creating more referees people invoter visiting. secondly he got slammed by a lot of democrats including joe biden. thirdly went through a period in which his eldest child transitioned to becoming his
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daughter jenna, but also became very much of a marxist in terms of hating capitalism and he felt there was a woke mind virus that she had gotten infected with in school. so all of these things make him mercurial. there were times when he's moderate in the afternoon and talks about politics. if he get into a dark mood, he's more populous resistance in terms of he can be from tucker carlson to bobby kennedy jr. being amplified in his mind. stuart: in the great scheme of things, in your opinion, is elon musk as important as steve jobs? >> yes. steve jobs brings us into personal digital revolution with computers you can plug in and friendly and phones in your pocket and a thousand songs in your pocket. that's huge. the whole app economy comes from that. i think in the future the notion of get us back into space and notion of figuring out
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sustainable energy and creating real world ai, not the chat bots that can answer chats and texts and cars that drive and robots that navigate factories and that'll be more consequential. stuart: you must have sat down to dot book and does he enjoy it and have a sense of humor and a guy you enjoy having dinner with? >> he's certainly -- it's like being on a roller coaster ride. i didn't just have interviews with him. i spent two years by his side. i told him when we started the book, i don't want to do it based on 10 or 15 or 20 interviews and i want to be morning, noon and night wherever i want and in walk in the factory and meeting or dinner. there were times when he's absolutely charismatic. when he's in engineering mode and he's figured out how to deal with the methane leak and the
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raptor engine and times when he goes into what his girlfriend calls demon mode and he's really unpleasant to watch because he can be tough. stuart: this is fascinating. one day if you'll accept the invitation, we'll bring you back. i'd love otohave you back. >> always, stuart. stuart: thank you, and good to see you, sir. another u.s. base was targeted by iranen proxies over the weekend in syria. how is the u.s. going to respond if the attacks continue? jennifer griffin fills us in from the pentagon with the latest. jennifer is next. ♪
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stuart: another u.s. base was targeted by iranian proxies in syria over the weekend.
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jennifer griffin at the pentagon. if these attacks continue, how will the u.s. respond? >> stu, u.s. defense officials who i've spoken to say they expect to be tested even more by iranian proxies in the coming days and they're prepared to strike back even targeting iran if these proxies kill or injure an american forces and iraq and syria attacked 23 times since october 17th including additional two times this weekend and military u.s. defenses and senior u.s. defense told me and failed drone strike on u.s. base in northeast syria anne donovan syria did not cause casualties or no damage to base infrastructure and in fact the iranian proxy drone landed in open field posing in threat to the al supra aural headphones dad base and there's 900 troops in syria and the 26 marine
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expeditionary unit and they'll be on board and uss baton, amphibious assault ship and caucus-backed called on if u.s. embassy personnel need rescued from or americans evacuated from any surrounding countries and hezbollah's leader is keeping his rocket and antitank attacks in northern israel below the radar, enough to avoid a massive response i'm told. >> if american troops are attacked by iran and its proxies, we'll respond. we did respond if attacks continue, we will respond. i think the iranians understand our message >> meanwhile threats to jews increased in the war between israel and hamas and this shocking video at main airport in russia's dagastan region and shows hundreds of people storming the airport after a rumor spread that a flight from tel aviv could be landing with jewish refugees and
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the crowd began shouting anti-semitic chants and video on social media show the suspect in the crowd waves palestinian flags and protesters attempted to overturn a police car and others began checking passports of passengers that arr arrived n dagistan and people blamed russia's invasion on j ukraine against the jews some say and the president will be at the white house to meet with security team and meet secretary austin at the pentagon on we say amid rising concerns that the conflict could spread in the middle east. stuart: shocking stuff. jennifer, great report. retired lieutenant colonel right now. you're probably listening to what jennifer had to say. it appears as if the pentagon laid down a red line if a u.s. soldier is killed, america could attack iranian assets directly? is that a red line? >> i don't think so. the problem is the u.s. is going
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essentially tit for tat with iranians and we may think sending that's a message tafanely'yanisens but they can argue -- to hezbollah but they're not responding agryphysly here. what the iranians want is hezbollah to open a second front. hezbollah doesn't really want to do that because they know israel will hassively respond and could destabilize all of lebanon and like hamas, hezbollah could take a very huge black eye for this. iranians a are pressing them because they'd like a two front war and by not being more aggressive in responding to iranian, the message that the iranians are spending is, look, the americans are being very tentative here. you guys can go ahead and do this. stuart: so iran wants a wider war but they don't want to be a -- have their assets, irans assets attacked directly. is that accurate?
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>> that's right. listening to the iranian rhetoric and it's we, everybody, we but not iran. we're not expecting iranen divisions to be marching across syria into israel and what the iranians do is fight to the last palestinian and fight to the last hezbollah and fighter in lebanon and what they'd like to do is have this blow up without them getting directly attacked then you've got a weaker israel and weaker unit and perfect time for iran to declare we have to become a nuclear state and protect ourselves and region spinning out of control, that would be in the middle of united states getting directed and caught by itself and iran could essentially with a new president or the second term of a president coming in january saying we're a nuclear power, live with it. stuart: can president biden campaign next year as a wartime president? >> the way truman campaigned as wartime president or lyndon
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johnson campaigned as wartime president. stuart: it would be truman rather than johnson. >> i think the problem is both presidents have the same thing. because you're a president during a war doesn't necessarily mean you can campaign as a wartime president. it gets really complicated and half of the own party is against israel and campaigning as a champion of israel doesn't help him. ukraine is a far away war that's, you know, not going to mushroom into world war iii and not like americans are deeply engaged mentally either and i don't see how being a war president really helps here because look, gas is going to go to $150 a barrel, inflation will spike up, they're not going to be able to work on the deficit, they're going to want to continue to do their domestic spending and republicans are going to push back on that . you're not going to be able to help the economy. this is not going to play well in the presidential election. stuart: james with the right
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stuff. thank you very much, simplet president biden deploying thousands of young climate activists to help tackle climate change and getting free housing, transportation, and uniforms. who's paying for that? you know who's paying for it. we break it all down next. (adventurous music) ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia.
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only from xfinity. home of the xfinity 10g network. go. take a look at stuart: here we go. look at this new op-ed about biden deploying thousands of climate activists and making you pay for it. grover norquist ro wrote it and it's a great story. tell us more. the 20,000 strong climate core. what are they going to do?
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>> stuart, i'm not sure great is the word i would use for it. expensive. biden without any lobbying path or authorization or aprop rations in the -- appropriations in the house or senate, he's taking money from where he doesn't -- he refuses to say where the money is coming from and he'll hire 20,000 young political activists to do -- to have paid experiences dealing with green stuff, okay. that's as much as they're willing to tell you right now. it could get worse. bigger, greater to use the phrase. some want 1.5 million people being paid by the government, young people with no training or skills going out there and doing political activism paid by the government. that is not what free societies do. stuart: are they going to knock on my door and say, mr. varney, you better change that
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refrigerator, you better change that stove? will they do that kind of thing? >> they may come and tell you you shouldn't be using air conditioning in the summer. they have a list of things if you have been reading in the newspapers about all the list of things that biden doesn't want you to have like natural gas at your home or gas stove, one of the things untrained young people could do is knock on doors and go through your home and tell you what laws you're breaking because they keep passing new ones. again, we're all paying for this. nobody passed a law. this is thoroughly lawless. stuart: how much does it cost? what's the cost of 20,000 climate core people? >> they won't tell you. they're not telling you how much they're paying these 20 year-olds. stuart: what are the chapses this actually happen -- chances of this actually happening? >> he's done other things without going through the law. he may have money squirreled away somewhere and announced i'm spending that money here.
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now, comer, james comer on the house side doing the investigation into this sort of nonsense and pete sessions sent in a letter demanding all the questions you're starting to request saying wait a minute. under what authorization do you do this and how much, you know, stuart wants to know how much you're spending per person. they've asked all these questions and administration so far has been hiding. stuart: if any of my kids sign up for the climate core, they're out of the will. glover, we're out of time unfortunately but thank you for being with us. bring the story back any time you'd like. they're great stories. it's the trivia question of the day, and it's jermaine to halloween. how much did americans spend on halloween candy in 2019, pre-pandemic, 1.3 billion, 1.1 billion, 3.8 billion? the answer when we come back.
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stuart: how much money did americans spend on halloween candy pre-pandemic 2019. >> $2.6 billion in 2019. >> i'm to go 3.1 billion in
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2019. >> 2.6 billion, 3.2 billion on costumes, 2.7 billion on decorations. >> and to be called today, prices must be up. >> up 13% on top of a 14% two years before, up 27%, how many people are going to give out the full-size candy bar this year, always one or two that are super generous. stuart: what are you giving out. >> for $24 a big 250 piece mars mini bag and i live on a hill so i don't get many people willing to climb. >> what are you giving out. >> i don't approve of giving candy to many young children, they knock on my door at 6:00 o'clock at night, i meant that i can't have that. we have ten seconds left. >> ten seconds more is halloween tomorrow. stuart: "varney & company" is done, "coast to coast" will start right now. >> a big however, add on "coast to coast". u.s. mar

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