tv Varney Company FOX Business November 7, 2023 11:00am-12:00pm EST
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the impact the biden economy is having on people everyday stealing hard earned money making it harder to see the future. >> almost eight to nine years, also much support for any one candidate but opposition to donald trump. >> what they are really worried about is immigration, jobs, mortgage rates, high prices and failures on foreign policy and the border immigration have jeopardized america's security. >> everything the president has done is not in the best interest of america or americans. >> what is the way to attack trump? first is to get rid of joe biden and it becomes putting newsom in their or michelle obama or somebody who could defeat trump. ♪
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>> my mike is open from adults to sing. >> are supposed to be him for halloween. >> 11:00 eastern time, tuesday morning. check the markets and pay attention to the nasdaq, it's up 124 points. mike murphy is with me. [laughter] that's where we are on the market. microsoft on pace for a record) if it closes above 35949, a new record high and closing in on apple as the most valuable company in the world. right now microsoft is that 361. check the ten year treasury yield all over the place, up for 59. democrats in a frenzy of to the new york times poll showed trump
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being the president in battleground states. rashida tlaib accused the president of supporting genocide splitting the party on terror and where was joe biden? he was outta maintenance shed in delaware showering $16 billion with the tax money on amtrak. he wants fast trains like china and spend a trillion dollars. watch this. >> you go 210 miles an hour, china. we can do it here in the united states if we straighten out three big cars less than a trillion dollars but we had the ability to do that for real from florida to mississippi and all kinds of places we can. >> we should have thought of that because it's hard to understand what the president is saying a couple points, he's not spending trillion. maybe was confused or exaggerating about the money as part of $1.2 billion infrastructure package.
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who benefits from this amtrak money? northeastern elites who died amtrak, is not cheap. the president said he traveled over a million miles on amtrak. i want to be picky but fact checkers say is false and misleading and told it a dozen times. it was not a strong performance, not likely to boost his political standing. your own party is and revolt against your leadership checking out 16 billion tax dollars does not inspire confidence, it inspires skepticism the president can keep the pretense. this presidency is winding down. third hour of the party starts right now. ♪ ♪ >> jimmy failla is with us, mi
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wrong? >> i'm going to build on where we began, you bumped us in on elvis presley. if you think about running again in 2024, you need to reconsider, thousand of us song because like you said, we can't go on together with suspicious mind. i'll put on a jumpsuit if i have to. you ain't nothing but a hound dog. for real, i'll do it the let's talk about this. the amtrak thing is fun to watch, he's told the story 12 times as president and it's been false all 12 times. i don't doubt they are trying to steer him in the right direction but he keeps telling the story because once he is out there on the microphone for what they don't know where it's going to go which is why he can't be president again. if we don't know if it's going to stay on the rails now, how could we confidently look into the future and say he's got five more years? shame of anybody who's not openly calling for him to get off the ticket because we know what's happening behind the scenes, trump is beating pretty much every battleground states.
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biden is in ahead on the state of dementia. >> how you get away with this stuff, i don't know. [laughter] >> you accident. >> on the spur of the moment you do these things. [laughter] >> and israeli comedy show going battle for this skit which marks anti-semitic liberal students in america. >> do hostages smile? >> do they think we are stupid? >> i major in astrology. you make the world dirty and i'm not anti-semitic. >> that's an israeli company. what is your response? >> this is what is sad commentary, there are more people outraged at the comedians for marking this than the people on campuses supporting
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anti-semitic views. the people they portray in the sketch who are weapons, if you openly say your gay for gaza or palestine, is the equivalent of saying your a chicken from kfc. you're welcome to support them but it doesn't end with you on a value meal and not in a good way so this is where comedy does have the power or some to take the torments away from traumatic situation while calling out ridiculous behavior of other people so i can't condemn the comics for trying because the world is on fire comics aren't setting the places, we are trying to roast marshmallows on the blaze to take the edge off people and that's what comedy is, an outlet for some to un unplug. >> i don't understand how case could be publicly for hamas. >> is the stupidest thing. >> it's against the law in multiple muslim states. throwing homosexual out of tall buildings, kill them.
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>> that's the thing is you support a regime that wouldn't support or tolerate your very existence and thus the problem we have, uneducated people joining protests because it's trendy and cool but having these guys protest gaza strip is a detriment club, they have no idea. >> that's the job. >> let's get back to the market, who work stock is up a little, it's now up one and a quarter%. mike murphy is with us. you told me to buy uber and i did and it went down and now it's back up again. thank you. >> here's the thing, you look at this quarter, famous top and bottom line by a small amount so the headlines miss the quarter but if you read the report not long, they had prepared remarks, they talk about 2.44 billion
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trips taken in the last quarter. they talk about profitability, they talk about so many different levers they can continue, they have 143 million unique visitors on the platform each month. my thoughts on uber haven't changed, i think the quarter is not good very good from a a lot of buyers will come in and people realize it's 100 billion-dollar company that has the ability to get a lot bigger and they have the ability to generate a lot more profits and they are category leader, a definer part of the establishment here in the united states, it's become, this will be an s&p 500 company, there will be etf's him again by definition to buy the company and it will be another boost. uber has $60 on it, $70 on it.
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>> big picture, interest rates are down from a treasury fields gone, the economy is expanding, profits are pretty good, can we continue this? we got a rally last week and this week, does it continue? >> a three month pullback in the markets and now the rally shaping up so nothing out there telling you but that is going to overplay their hand, there's nothing out there telling a recession is imminent so we are in a good place for money to come back and push up toward yearly highs. >> i love the sound of this, music to my ears. thank you for being with us. salesforce. >> it's a two and half%. some management changes to tell you about, salesforce box talk about four years ago and the ceo of slack lydia and jones is leaving, the ceo of bumble. salesforce is up but bumble shares are up 4%.
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>> ubs wealth management unit. >> the cornerstone of their business managing rich people's money, positive signs. overall they did report their first quarterly loss in almost six years because there integrating into their business but the wealth management business stabilizing, stock is up 2%. >> what is meta doing with ai? >> most of the revenue comes from advertising so they want advertisers to use artificial intelligence and so tools to the advertisers. in politics, it's a slippery slope so they are treading lightly and banning the use of ai and political advertisements on the site out of safety. >> restricting ai. >> they don't want to make the same mistake they made with facebook and instagram, a slippery slope getting in trouble. >> is what we've got coming up later in the show. his will in seattle checking student disease when they go to the bathroom. they want to make sure they use
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the one that matches their biological gender. with come to this? ids for the bathroom. near times showing donald trump growing support among black and hispanic voters. gerard murdock takes it on. all eyes on the elections that could be about winter. grady trumbull has the latest from that state. he's next. ♪
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small town usa, i am informed i can we drop the screen from a two. currently sunny and 74 degrees, a nice day. it is election day so let's head to ashburn. ready trumbull is there, education is the top issue, right? >> it is, we've been talking to voters and at least the ones we've spoken to tell us education and parent rights are there number one issue. >> driving in the kindergarten age, some of these books are not appropriate in my opinion. >> they just insert some things that are political. there shouldn't be any political aspect to education. >> violation and abominable in a cantilever tapping the only way to change it is by voting today. >> here in loudoun county, paris
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happened with school board members, is made national news, all line seats are up for grabs today. there are school board elections in pennsylvania, corona, washington and other states. virginia governor glenn youngkin made parents rights a huge focus on the campaign trail trying to convince people here to vote not for him but for republicans in tight state legislative races. if conservatives the the senate and keep control of the house, it could pave the way for the agenda on issues like crime, economy and education. duncan himself has a whirlwind day today stopping and at least six districts before polls close. he started his day here with republican state, the court is still shaking hands of voters as they come in and he told us education and empowering parents as he put it is his number one issue.
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>> credit, thank you indeed. look at the new york times whole shows donald trump growing support among black voters. 22% saying they would vote for trump in next year's election 2016. he got 8% of the vote. he's gone eight to 22% in a couple of years joint murdock joins me, can you tell us what's behind this radical shift? >> donald j trump or from 8%, 12% in 2020, about 22% according to this, i think they had him at 27% last week. you take that jump out, the whole thing falls over. if he gets 15, 18%, democrats are done. twenty-two, 27, a complete -- >> 90% of the black vote. >> eighty-five, something like that but if he's 80 and below, there's nothing he can do. >> wife is shift? last time around donald trump said what do you got to lose?
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so why the shift? connect people remember what things were like when he was president and his personality, energy dependence with lois black on implement rate with hispanic unemployment rate ever, we didn't have wars exploding all over the world it would be nice to go back to the days to what we have, domestic chaos. >> the trump days for the good old days, a lot of people think that way. the hispanic vote, biden's lead among hispanics is down to single digits in states which you used to win by 30% in the hispanic vote, explained the switch there. >> i think it's all of the ab above. i think hispanics are looking at what's going on, people running across getting free phones and hotels around our neighborhood here in these people think i came legally and waited in line and got my green card and my mother and father arrived at the
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passport and did it the right way and people are cutting the line, people waiting to get naturalized, they don't appreciate this onslaught of people coming in breaking our country and joe biden giving them free stuff, it's part of what ironically maybe democrats will think will increase the support, is decreasing hispanic support. >> we have been speculating for couple of days out how the democrats replaced biden harris to get an some speculations come back to maybe they will put in michelle obama at the last moment in the convention next year what you say to that? >> how do they get kamala harris out of the way? even if they talk biden into leaving, she's the next person constitutionally in line and she will say okay, i will quietly go back to san francisco. >> put her on the supreme court. >> that would work, that would
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be a promotion so if there is a vacancy, that's a graceful way tlaib because it look like she's pushed out of the way, you have black women were very much a huge part of the democrat -based and if they walk or stay home, the democrats go down the drain. >> you are skeptical with the idea of her coming in. >> it could be huge for them, she is their best bet, she will galvanize suburban women she is popular. >> you think she could win? >> if you are the democrat nominee, i would dive in to the nearest bomb shelter if i were republican. >> really? >> she is enormously popular, she doesn't have a lifetime of votes or policies to defend, she says image from a number one best-selling author, she's got this enormous popularity among women emmer i think she would reinvigorate the black vote
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described as drifting away so i be figuring out how to get michelle obama. [laughter] and probably not affect you are all right, thank you very much. members of the squad creating division in the democrat party over the anti- israel rhetoric. carotid, are they facing serious primary challenges? >> yes, at least for house democrats affiliated with the so-called squad will face jaime that right next year given test of where identity of democrats stand pitting progressives against more traditional liberals product against more central the split in the party is there to seek with progressives speaking out against israel while goals show a spike in democratic support for the jewish state. right there is a split, for
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democrat lawmakers facing competition from the party center, corey russia missouri, ilhan omar as we know from minnesota. pro israel indicating rashida tlaib, a palestinian american maybe talking about accusing president biden of supporting janik aside and gaza. he could face a primary challenge in 2024. >> back to the market, dow industrial is a 70 but the nasdaq is a revocable up another 127 points. microsoft, check that out looking for another potential new all time high today. it closes at 36182, a new all time high and it means microsoft is maybe $200 billion shy of the valuation of apple which is something. >> 200 million. >> when you talk about these
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companies, if the stock went to 365, microsoft, that would probably add to it, wouldn't they? i don't know. >> apple has also been rallying. >> i want microsoft to be the most valuable company in the world. coming up, an elderly jewish man died after being attacked by protester, police call it a homicide and have not rule out a hate crime. a new report says personal information of u.s. military soldiers being sold online, details after this. ♪ hy they choose t-mobile for business. las vegas grand prix chose t-mobile
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all-time high. >> i have trouble with that, it's not up and up, a new all time high, how could it possibly go any further? i got to take the top and walk away. >> but a lot of times stocks hitting highs will continue to make new highs and if you put the same multiple amazon has on walmart, you have a stock that goes up to two and a half times so there is upside but walmart performed for decades so that is they continue to perform if they are right now. >> you mentioned amazon, where is it going? >> there just about to percent off a new 52 week high. look walmart, here is amazon. he speaks to how great the company they are and how many different areas they are moving into and it talks about the consumer but also lasting for people at home, when them mentor, right now three months of a downturn, the momentum is around. >> selling a stock i've made a lot of money on, paying capital gains tax.
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a cup a tax problem. >> for people watching at home, if they have a basket of companies that get rebalanced on their own, didn't have to worry about calling or picking up water open to sell, they have a passive etf like the s&p 500, they can put money to work and it gets rebalanced for them, so companies like apple, amazon and microsoft go to the top and the ones that fall out no longer part of the portfolio and they don't pay tax. >> good advice, thank you. change the subject, is school board director in seattle claims one school in his district is checking student ids when they go to the bathroom. he claims they're trying to make sure they use the bathroom that aligns with their biological agenda. jason is with us, is there any proof this actually happened? >> i have not seen, is it possible? of course, crazy things happen
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all the time but this school board director didn't see this happen, he says he got one e-mail from someone to explain that it occurred, he would not tell me the name of the school. every start to the police department to see if anyone leveled any complaints and they said they've gotten nothing so what i suspect happened here is i presume is not lying, i think he believes it happened but use it as an opportunity to go on this border tirade against parents who are concerned again whether or not boys are going into gross rooms or girls going into boys rooms so i think he use it as an opportunity to make political points to shame folks because i think most people regardless of how you feel this think asking a kid for an id is going too far so i think he took advantage of this. >> an elderly jewish man attending a pro-israel rally in california died after physical altercation with pro-
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palestinian protester. his death is being called a homicide. police are not willing about going into hate crime. i want to make a general com comment, look what we have come to, it's appalling. >> you are one 100% correct, my fear is it's going to get worse and turn more violent, we are seeing violence outside of this incident, college students terrorized on campus, we seek synagogues including seattle getting target by folks so escalating rhetoric, the fact that there aren't enough people stepping forward saint you need to cool it with talk about genocide, you accuse use of purposely targeting palestinians while giving a pass to hamas terrorists. the ones who actually committed the crimes there. instead of condemning who you need to condemn, you condemn the jews. it's so disgusting, as a jew, i am disgusted by the level of
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anti-semitism on display in this country. i always knew it was there but not to this level. >> i am episcopalian and i am appalled and disgusted as well. ms. case, the fbi investigating suspicious packages sent to synagogues in seattle, that's where you are, have you heard anything about this? >> the last one happened last night, it is for in total, three of the four into hitting according to the police, suspicious packages filled with white powder. thank god it was deemed nonhazardous so they didn't find anything other than the clear message, we are trying to intimidate jews in seattle, a city dealing with this for a while and unfortunately it has come to this. >> thank you for being with us, we will see you again real soon. the president of israel sent a letter to american universities. ashley, i presume this is about anti-semitism on campus, what did the letter say? >> it is, anyone endorsing,
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excusing or glorifying atrocities committed by hamas have no place in a civilized world let alone a college ca campus. he's providing guidance to university and college presidents on how to deal with the rising anti-semitism campuses in the letter. he says in part, moral leadership is vitally important of this moment, it would be of great consequence for you, the president to condemn the acts of october 7 publicly and unequivocally, students and faculty i believe need a clear voice say free speech is of highest value but speech promoting violence against individuals or groups calling for an limitation of a whole country israel are unacceptable on campus and should not be tolerated. by the way, he's suggesting in the letter each university create a task force that will
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develop a plan of action for the campus and wider community. >> u.s. diplomats probably slamming biden's handling of the israel hamas war, what are they saying? >> according to a memo obtained by politico, sat at the state department are blasting the administrations handling of the israel hamas war arguing among other things, the u.s. should be willing to publicly criticize israelis. they suggest a growing confidence in biden's approach to the middle east crisis. the memo reportedly stressing two main points. one from the u.s. support a cease-fire and second the administration publicly criticized israel's military tactics and treatment of palestinians. the memo conceived israel yes, a legitimate right and obligation to seek justice against militants of hamas but argue the extent of human life lost so far is unacceptable.
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that is mid-level part of the administration, that's what they believe in the memos reported by politico. >> thanks, ashley. climate activists trying to deface another pricelist piece of art to promote their agenda. full story coming up. a new report of home and security created a group, disinformation. what disinformation? hilary vaughn reports activists. ♪
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>> anything from a joke to a political opinion are some of the items republicans on the judiciary committee say, there were efforts made to suppress them. a new report detailing how the agencies in the federal government worked with academia and tech platforms to act on election disinformation, documents released by the judiciary committee republicans chose the election integrity partnership eip led by a group at stanford university work directly with dhs cybersecurity and infrastructure security agency the state department's global engagement sector like constantly thought was misinformation effect companies so they could take action for it. toward that is effectively a loophole government agencies use to center americans free speech by bundling it through an academic entity, eip and report say federal government and universities pressured social media companies to censor true
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information jobs political opinions says pressure virtually directed in a way that benefited one side of the political aisle. true information posted by republicans and conservatives label as misinformation while false information posted by democrats and liberals was largely unreported and untouched by the sensors. republicans say many times posts were censored in the dark without being taken down so users didn't know what was happening. >> conservatives nine plus up to one taken down or throttled. i repeat that last part in some cases we were reduced in but was seen not completely taken down. that's cruelest of all types of events where you don't know no one is seeing you but virtually no one is seeing you. >> we reached out to stanford dhs and paper, and have yet to hear back. >> thank you very much indeed. do you think we are going to see more censorship of speech as we
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head toward the election? >> i believe you will see a lot more attempts at it but one thing out there now is you have x formally known as twitter, elon musk last year so now he is blocking that, that's true we speech about the best form of free speech we have so now you have something where if a government agency is trying to censor as he points out, they did at twitter and he proved, he opened up the files for that but if it's attempted elsewhere, they will at least be one platform which is x formally known as twitter, there will be that censorship. >> you told me if you read the book on elon musk, there is a great deal of detail as to what twitter in the old days with up to. >> they are going to in great detail, not only what was happening at twitter but also the other major social media companies but he is open about
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on what government agencies, who they worked with at twitter, what the files were, he's made public information for anyone to read but it is fascinating, no one can argue the government is not involved with sensory social media. he lays it out fact. >> i got the book, i'll read it. the personal data of american troops being sold online. i don't like the sound of this. what you have on it? >> it is remarkable, sensitive daily detailed personal data for thousands of active duty and veteran u.s. military members. there can be as little as 1 cent a name data broker websites according to a new study by duke university. researchers themselves on 45000 military personnel for anywhere between 12 cents and 32 cents a record. they bought data belonging to 5000 friends and family members of military personnel. the researchers say data could be used by malicious actors
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target former military personnel including black male and misinformation campaigns and before you ask, i asked this, is it legal? incredibly, it is and i'm not sure how. >> shouldn't be. thanks, ashley. it's that time, the dow 30, we've always used the same expression, the sense of the market. two thirds up, one third down roughly. maybe it 60 -- 40. the got up close to 100 points, close .29%. got it. the administration wrapping up green agenda. fifty new renewable energy products built on energy plants. climate expert will pass judgment on biden's green po policy. next. ♪
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the administration announced 15 new green energy projects on public lands. beyond lumber, and environmentalists joins me now. give me a picture, your judgment on biden's green policy, how is he doing? >> biden is trying to spend hundreds of billions, possibly trillions of dollars to go green so it's not surprising are seeing slight decrease of fossil fuel from the energy information but it's right on target what is been doing for the last 20 years so today it looks like it will zero in about 240 years. biden is really good and gets everything he's promised, and may make it in the 190 years instead but still incredibly far away from reaching zero, net
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zero and at a very high cost. >> what are we going to hear of the top 28 at the end of the month? with a issue of more dire warnings if we don't do this, we will all die? >> i guess. no, we seen 27 times before. there's going to be lots of warnings, it's going to be terrible and then of course large negotiations go into overtime, they will come up with this amazing production we've saved the world but the reality is for most people around the world, much bigger issues, they want first of all, to get the energy is made as rich and ch china, india, africa wants to do the same thing and right now renewable energy or any other green energy is not ready to take over so most of the world is going to continue to use more fossil fuels and we will try to spend lots of money to reduce this a little bit, it's no place
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to go. what you need to do is focus on innovation. if we can invite the price of fossil fuels, everyone is rich. >> if we switch to nuclear in richer countries, that would solve a few problems, widen it? why don't we? >> it works on quite a few problems. electricity, nuclear producers only powers about if it's a fall energy use so we can imagine making a bigger with electric cars and others but still only part of the solution and right now it is expensive so we need to wait for fort generation nuclear to come around to be safer and cheaper but one encouraging statistic is a lot more americans seem to realize we need nuclear because fundamentally this is low-power, 24/7 power so while it is more expensive, at least it's the only real thing back in power us
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both having lots of opportunity for prosperity and co2. >> would you be welcomed at 28? >> probably not. i've tried to go to some of the other cops 28 and they banned me. >> stay on the air with us when they start you can get the commentary like that. thank you so much, see you soon. on a similar note, climate activists are vandalized, a famous piece of artwork. what was it and where was it this time? >> famous diego velazquez oil painting hanging in london's national gallery, to climate change protesters from the gr group, i like to call them just stop idiots, they were arrested after they smashed protective glass panel covering the painting, the happiness, the
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activists punctured the class small hammers leaving several was in the panel, not getting to the painting thank goodness the group target most celebrated masterpiece because previously had been slashed as the suffrage movement : women's rights all the way back in 1914. the national gallery set the painting has been removed from display so conservatives can't examine it. just stop these idiots, please. >> a very good report there. okay, now listen to this. a trivia question this tuesday, what is the largest land mammal in north america? the kodiak bear, american bison, moose or the polar bear? the answer when we come back. note looking it up. ♪
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♪ stuart: all right, sports fans, what is the largest land mammal in north america? by tradition, ashley goes first, and we're very riggs thal people, so you're first. go. [laughter] ashley: you know, you think the bears, but i was hiking in montana once, came across a moose. i'm going to go with number three, moose. stuart: mike murphy says? >> i'm to going to go with the kodiak bear, number one.
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stuart: i'm going to go with the polar bear, number four. but before you show it, we have a young audio tech the in addition here -- technician here, standing right there, there he is, what do you think the answer is? >> the the bison. stuart: none of us staid that. wait a minute, the american bison is correct. what's your name, young man? >> mike. stuart: mike got it right. the the bison is one of the official symbols of the united states alongside bull, the eagle. male bisons can wear up -- weigh up to 2,000 pounds. kodiak bear could surely beat that, apparently i'm wrong. i want to the thank mike murphy for all his stock the picks, and ashley, we'll see you again tomorrow. that's it for "varney & company". and you're see they coulds, starting right now, it's "coast to coast." neil: it is the election day. not that big one next year, but a pretty big one this year and
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