federal law, 1906, 26, 46, 66, i have a good guess, actually you have the privilege of going first. >> how about the year the england won the world cup 1966. stuart: you and i enjoyed soccer and rugby over the weekend. >> yes we did. what you got lauren. >> between 46 and 66 and video with ashley 1966. i'm going with 1946, 1966, there you go, president johnson signed the uniform times act arizona and hawaii do not follow the time change, liverpool was fantastic and rugby, england island, wonderful, what a weekend. thank you everybody, "coast to coast" start right now.

neil: thank you, message from wall street to president biden we are not impressed because of the white house was hoping investors would be wowed by the fiscal discipline that is boasted about the latest federal budget and best teachers have a funny way of showing their amazement, not amazed not wowed and not surprised the white house is bragging about supposedly reducing deficits by $3 trillion over the next ten years tells you all you need to know it leaves out the fine point that deficits will stop average $1.7 trillion a year over the next ten years, that does not mean $3 trillion that means over the next decade, are you sitting down, it's more comfortable, more than $15 trillion in more debt, what they're bragging about it could've been $18 trillion and more debt, that is like me saying after gaining 30 pounds over the next ten years it could've been worse i could again 40 pounds by this rationale i'm down 10 pounds, no i'm not i'm still up 30 pounds,

fat chance wall street would be impressed and it's not and were used to this under democratic and republican is in democratic so light, different party sad story. adam johnson fooled by american ingenuity fund is about finding value and clearly it is in short supply in washington. only there can you create a math like that. >> i love your example could've been worse the kid that comes home and the parents say you got all sees, i could've gotten all these. neil i did that. when you take a look at this and they brag were bringing the deficits down $3 trillion in ten years you say wow, how is it that were up $15 trillion in debt and the same. >> is so disingenuous. part of the problem is an election year and remember politicians of all varieties colors shapes and sizes like to get reelected and one way give the people what they like more

largess and more money. neil what would you do as a savvy investor how would you react to a president who submits a balanced budget even with little chance of passing in congress, submits a budget that pays for what her plans. >> that sounds reasonable and i would love to see it but i'm not sure were going to see that anytime soon, what i would really like to see is a president who says timeout everybody we have to deal with entitlements, social security, medicare and medicaid are two thirds of the amount of money that we spend. no one wants to touch it. one thing that you could do and people will figure out my e-mail and send me hate mail but imagine. you can be my proxy. imagine if politicians are saying we recognize are running out of money will run out in less than ten years we're going to do a phase out where we get a grandfather everyone in above the age of 50 if you're above

the age of 50 you to get what you expected. your 40s you get a little less in your 30s a little less and were going to extend the year when you can take that money out to 70, you got it right the ship and there's only one way to do it. you and i chatted about that, i gave the market way too much credit for being fearful of this because they're useful in looking other factors but how do you like the market in the backdrop of all of this, there used to all of this. >> in spite of washington i do like markets and you could argue the all the stimulus is ultimately good for markets because government putting money into the economy increases economy, i'm not thrilled with it. neil it could raise interest, it's inflationary but that's bad if you ask me point-blank i like the market and i'll tell you why earnings growth we have earnings growth for the second quarter in a row and we had three down quarters in earnings growth

again because people are still employed and when people are employed they are making money and spending money that is important. neil you don't think the markets got ahead of themselves using something brilliant and great talking about the tech stocks and nvidia and all of that that look eye-popping to people that the technical term but they're not when you do the numbers and crunch them, you argue that is not the case. there are two ways to expand upon this conversation that were happy. one what do you think about the economy and i address that, earnings employment economy good, second point evaluation, what a way think evaluation. even if i like the economy but i think stocks are expensive i should not be buying, actually i don't think stocks are expensive and i don't think were in a bubble. historical perspective, right now the s&p 500 is trading at 21 times earnings that may be at the higher end of the range

which is 16 - 22 but 21 is not a bubble. if you look back at 2009 the last bubble the s&p went to 45 times earnings if you go back to 2000 s&p went to 70 times earnings ended 2000 the nasdaq was it 600 times earnings. if the s&p is at 21 that is not a bubble. take a look at nvidia everyone says that's a bubble for sure, it is trading at 30 times earnings and growing earnings at 75 - 100%. neil the more you make the more you can justify a higher price and in this case it's not the out of whack you and i were chatting about the internet boom in 1990s and a lot of those companies were lucky to be making money at all. it's a very different environment so far. >> so far there are some caveats in the caveat you have to be making money as a company. i learned that lesson the hard way and i tend to be optimistic

and i'll give most companies a benefit of the doubt that i'm rooting for them i want to see them succeed and grow, 18 months ago i was long handful of small copies that were not making money and they were a disaster every single day every one of them went down and i was selling the companies at a loss but i was moving up higher on the quality curve, i was buying higher-quality big tech companies, remember facebook went down to 82 it's now 450. i bought salesforce, palo alto about some of the others from qualcomm, and xp et cetera. neil have any of those stocks have come back. >> all the ones that i sold were good sales. some went to 0. it's really hard to admit you're wrong and hard to sell. this is a great step, if there is a screwup i blame them in if we have a good show, let me ask you this, bitcoin what's been going on there it's been on a tear lately is it just craziness

or how would you look at it. >> probably the funniest thing that you have golden bitcoin going up simultaneously, gold is risk off, i'm scared it's into the world, by gold, bitcoin, everything is great were going to infinity it's odd that they're making highs at the same time i cannot explain that. neil you don't gavel not? >> i am coinbase which is doing quite well. coinbase has tripled in less then a few months. people thought i was crazy by that the list, there is a place for bitcoin, what's happening with bitcoin, were getting to the point where were almost done mining it, 19 million shares, treaty to the world, only 21 that could ever be created there is no scarcity value and people are realizing that and also were getting over the fact that we thought there was going to be a recession and there's not so people embrace risk again.

neil you are the best, i know you lost your glasses. i'm squinting but i ordered new glasses i paid a small fortune and next time i see you i'll be able to see you. always good seeing you, adam johnson the ingenuity fund you don't be many on wall street who own up to a mistake, that's why he is a good track record in the following that he does. edward lawrence has a huge following support including half a dozen of the building behind him that would be the white house, he ask a lot of tough questions. what you make i don't want to over emphasize a budget right now but among the many particulars does it scan attention to defense? >> it is a $7.3 trillion budget for total spending domestic spending has increased a lot, smaller increases in defense spending there is aid for ukraine $61.414 billion for the

israeli defense related to this actual defense budget also counters the challenges from china and it says on the first section of the budget the u.s. is planning on modernizing artificial intelligence increasing the subprogram also enhancing the bio defense within the united states and promoting a number of social programs within the military there will be significant tax increases in the package as well as the spending. >> i looked through the preliminary numbers in the budget, there is not virtually a single program that joe biden wants to get rid of or cut it's basically expand programs the new housing initiatives and welfare programs and more and more taxes on the top 1%. defense gets depressed, the president wants to revive and make a permanent the child tax credit, overall defense spending

would increase 1.8%, domestic discretionary programs spending increased would be 2.8% or up to $28 billion the president wants to increase and expand medicare and medicaid in the proposed budget would add $260 billion for building and preserving a affordable housing. >> the federal budget has a plan or 2 million more affordable homes including housing innovation fund to help communities like yours build housing, renovate housing and convert empty office space and hotels into housing. housing for renters, owners and middle-class families and folks struggling just to get by. we realize many of you are dealing with homeless in camas inner-city. the budget expands free community college. emphasis on domestic programs, not the defense spending as you see it is a lot less there will be cuts in the area, back to

you. neil thank you for all of that, edward lawrence at the white house two. retired ceo, best-selling author, the general is the whole deal, good to have you back, 1% increase roughly in the defense budget that's adjusted for inflation that is a cut are you concerned. i think you can find my answers surprising my concern is about the interest on the debt that we will have to pay and actually exceeding our defense budget. if you go back to the cold war and if you remember the soviet union was spending 40% of gdp in the way that we won the war was to focus on our economy and focus on nuclear deterrence is a way that we prevented were. we need to go back to the same things again the same strategies and we need to focus on

rebuilding our infrastructure and our industrial base and rely on nuclear to deter a war with china. we cannot afford a conventional war with china. neil i'm glad you said what you said because it carries a lot more to someone like you worried about interest and eclipsing what we spend on keeping us safe and that's only going to get worse and that number is only going to get bigger. that's not a good trajectory. it's really not, we are in unprecedented times. if you think back to the cold war we own the industrial base and use it to rebuild western europe and japan and our allies in the pacific, now we don't own the industrial base, china does so we have a lot of hard work here to do and it does not involve a ten or 20% increase in the defense budget it requires us to rebuild our own economy in the productive capacity not have everybody be coders like we talked about before.

neil i would be curious, we have a number of the defense commitments all over the world not only what's going on in the middle east and trying to protect shipping routes is not working out too great so far and what's going on in ukraine and whether we get back and helping them andrew a lot of responsibilities and lately trying to protect her people in haiti as that government is getting overrun, what the heck is going on and are we up to managing those obligations? >> it seems like there managing us, let's take ukraine and russia, were kind of going along with the zelenskyy which says i need to total when in ukraine, what we did with korea, we had a cease-fire and we have a cease-fire we don't have a truce. if you go through each and every one of these things we need to understand what are our interests, what can we afford and how do we comprehensively look at the globe and protect american interests abroad, we

don't have the budget capability to do it all and because we lost our industrial base were relying on china for most of it. neil very scary, general always an honor talking with you, good to see you again. the clock could be taking on tiktok, quite literally after this. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts.

students... students of any age, from anywhere. using our technology to power different ways of learning. so when minds grow, opportunities follow. ♪ (psst! psst!) ahhh! with flonase, allergies don't have to be scary. spray flonase sensimist daily for non-drowsy long lasting relief in a scent free, gentle mist. flonase all good. also, try our allergy headache and nighttime pills. okay y'all we got ten orders coming in... big orders! starting a business is never easy, but starting it eight months pregnant... that's a different story. i couldn't slow down. we were starting a business from the ground up. people were showing up left and right. and so did our business needs the chase ink card made it easy. when you go for something big like this, your kids see that. and they believe they can do the same. earn unlimited 1.5% cash back on every purchase with the chase ink business unlimited card. make more of what's yours.

to advance the future of golf, pga of america chose t-mobile for business. with a 5g powered innovation hub to analyze player performance and expand coaching tools. take your business further with america's largest 5g network. when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network.

municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free. now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least $10,000 to invest, call and talk with one of our bond specialists at 1-800-217-3217. we'll send you our exclusive bond guide, free with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income are federally tax-free and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217.

neil they are pushing in the house to make tiktok go away and crackdown bill being considered on wednesday i could make it social media site not got in the united states of america. mark meredith has more from capitol hill. get there is a bipartisan push in the house to force the chinese company that owns tiktok to spit off the app or figure out something else they said this poses a national security threat, house energy and commerce committee passing the legislation moving this to the house for this week, a vote could come as early as wednesday, tiktok not going down without a fight, last week is sent a push alert telling them to raise hell with members of congress in an effort to stop this from moving forward, we spoke with one congresswoman she entered the calls herself to try

to set the record straight with those unsure what was going on. >> i think it totally backfired, they use their kids as political ponds and i think what is also important, it showed how the platform can be weaponize against the american people, you think about what they can do with our upcoming election. we know the house is going to take this up this week, it's unclear how soon the senate may act in there appears to be early skepticism about the house bill at least so far, lawmakers say they will consider what comes their way. >> i have not read it in detail is not an easy thing to resolve but ultimately we have to focus on who owns the algorithm because whoever owns the algorithm will have access to the data. what could be interesting whether the senate moves it forward and what happens next, president biden says he will support this if it were to reach his desk the biden campaign on tiktok, the biggest change is former president trump's he supported this ban on tiktok and

is coming out against and says he doesn't think it'll do as much good. and upset a lot of voters in the selection year. mark meredith on capitol hill. kevin o'leary back with us, much, much work, what do you think of this pylon on tiktok. the company never adjusted national security issue and it's come to a head this is the fourth time, this may come to the point where they will have to divest some of the but that doesn't mean tiktok is going away a process will begin to buy the asset and am very interested as many others will be as well is one of the most successful advertising businesses for small business in america for an effective and works for big business to 170 million users in real economic value. i think it really comes down to who owns the company. what i would do in terms of buying it my proposal would be to take the lawmakers to from the red side to from the blue side and foreman oversight committee with four of them for

18 months during the transition, basically my proposal would be simple, tell me committee how much you will let me keep in the hands of the chinese and everybody knows whatever the company is it just the chinese party that's been known forever. i have two phones this is my tiktok phone and it's crippled there's no data except social media apps here's my real phone for corporate, everybody knows that this leak stated to the chinese everybody knows that, let's get over that and see how's we fix it we turn into an american company i'll make sure the servers are in the u.s. and we own the algorithms and i'll tear out the chinese backdoors and algorithms and the codes and i'll guarantee it safer parents users large and small like and also in equity and debt through the saphenous process knowing that we cannot have this owned

by anybody else except an american company with an american board in american ceo that's how it's going to get done. neil how do you know after all of that that the chinese don't have a steak or clever way to get around your roadblocks? >> i have some guys that are idiots, when they look at the code they will figure that out, national security is involved in we're going to work with the government to cleanse the code and rip out the chinese backdoors we do not have to shut down the whole platform all these people think it's getting shut down don't worry about that were on a process and will figure it out and the only thing i need to know do we leave anything in the hands of the chinese as passive investors with no operational control of the business. i'll tell you why we may want to do that there are many examples of cooperation of american companies in china and the chinese government owns a piece of it. it's up to the advisory committee if they tell me i can't i won't but i'll fix it,

we don't have to shut down tiktok it's a fantastic platform and get rid of the chinese data leakage i don't want the chinese getting my data and they don't but i don't want everybody in america did have two phones that the only way to use tiktok, this leaks to the chinese everybody knows that. neil the other phone leaks to other nefarious, everyone is looking at what were searching and doing, right? >> it depends you can decide what apps you want to use. if you talk to the executives and any telco company they will tell you, they are running by the laws of the united states and they issue their services that way and i have been abiding by that for decades. it is the apps that leak in tiktok leaks to the chinese government. i have nothing to get the chinese people i admire what they've done over 2000 years in culture and science but i don't trust the chinese government apparently neither does

congress, let's fix this problem. neil: your gung ho about that. you were in miami and i know you were on the floor to come back in regular should and all of that. now were learning in the miami papers that the red-hot office market i would not say imploding but is hiccuping and i think the tallest tower in miami is hurting customers and renters and lisa evers to come in what is going on are you worried is there a backdrop that were not paid attention to important? >> i think if you look at the different classes of real estate i'm involved in the asset class in a big way office and commercial is under pressure like it is in any other state due to the change post pandemic for 40% of your staff don't go into an office but residential is on fire we still get thousands. neil: i thought residential was as on fire. with a higher real estate taxes and the condo association, a lot

of people are saying no loss. >> we get thousands of license out of massachusetts, new york, new jersey and a competition between states and retiring people don't want to pay really high taxes in those states and they don't like the services anymore and they hate the weather so they moved down here there is a fundamental demand for product but i'm on miami beach right now and i have not seen any change in the square-foot pricing and i was assuming there will be a correction when the rate hikes went up, never happened we have a lot of turn between 2000 to $5000 a square foot some of the highest price real estate in america it is holding its own. neil: the superhigh tall tower in all of these reports of people who are saying wait a minute whatever were getting on the state sales tax and all this other stuff is not an issue in

florida we are paying through the no's on the other stuff, you say that's over rocked. >> i think there's always extremes another case. i don't like office as an asset class. i tried to avoid it because the don't think we resolved how many people are going to come back to the office, were over office doublecrossed america and that's where the correction is going to happen over the next few years and that's putting pressure on regional banks including florida. neil: always great catching up with you, thank you very much. kevin o'leary on all of that, bitcoin was trading over $72000 a coin, now wanting to make a stab at 73000, what is behind that we will ask brock pierce one of the biggest proponents after this. ♪

there are many ways to do things. at old dominion freight line, we do them this way. this way has people who start early. people who care and inspire each other to do things the way they should be done. this way uses technology (♪)

and goes the extra mile (♪) to deliver your promises on-time, every time. this way is why we're the number one national ltl carrier for quality. for us, this way is the right way which is why it's the only way we go.

neil: an all-time high you look cannot, a better than $4000, better than 6%, 72649, the guy said we would get here but the bitcoin foundation chairman, good to have you back, what is driving this? >> we go through cycles and were approaching the bitcoin happening april 19 where the number of new bitcoin drops by 50%, as predicted in placing declines we see the price movement and there's another major driver which is the etf having gone live which is driven massive accessibility allowing everyone with a brokerage account access to bitcoin

without having domain expertise and knowing how to secure your wallet without an exchange account you can now do this through your typical brokerage account and huge inflows not just from retail what is done but is allowed institutional investors that may be restricted by their fund mandates and give them access as well has driven us to all-time highs with the bitcoin market got exceeding silver. neil: had a guest on earlier that said i would play coinbase and the other route and those that are looking at the whole crypto sphere that bitcoin exclusively is a volatile ride, i look at it and you're the expert, the whole thing could be a volatile ride if you have a fatal heart and don't like the sort of thing, avoid it, what do you think about how others are playing this? >> volatility is not a bad thing

is something you should be aware of if you're investing in volatile asset by low sell high low lows are going to be a lot lower than a stable. neil: where you see it going, bitcoin itself where you see it going, 72000 now some are saying hundred thousand some talking about half a million dollars, what you see longtime is a million or 0, either he continues to fulfill and live up to its promise, there's only 21 million eventually over a million dollars that will not happen soon but in the market cycle and the bull run were looking at bitcoin above 100,000 perhaps 150,000 although i think it'll be a bumpy ride as we lead up by on the rumor sell in the result. i think were probably going to see whatever the high happen in early to mid april it probably drops down of the actual event

and we probably see another run from there unless there is a black swan event that causes this to happen earlier something with ftx or tara luna if there was something that speaks everyone then we could see something but the big one is regulatory action the fact that this securities and exchange approved the etf's and allowed retail investors to have access i think this is a huge marker that the u.s. is ni not an amern entrepreneurship and american businesses are going to be allowed to lead in the revolution with technologies such as these. neil: that is a bullish case, thank you very much, coin foundation chairman, we are following others that has been factored in getting ahead of itself but the back-and-forth is real not for the faint of heart is often remind people. in the meantime take a look at congestion pricing not only wendy's and others toying with

idea of certain time of day when you order hamburger but the beef in the metropolitan around new york visit can extend to your car and when you go in and leave the city. after this. ♪ as an independent financial advisor, my promise to you is simple. as a fiduciary, i promise to put your interests first, always. i promise that our relationship will go well beyond just investment decisions. it's the intersection of your money and your life where we can make the biggest difference. [announcer] charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com

you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description.

visit indeed.com/hire it's odd how in an instant things can transform. slipping out of balance into freefall. (the stock market is now down 23%). this is happening people. where there are so few certainties... (laughing) look around you. you deserve to know. as we navigate a future unknown. i'm glad i found stability amidst it all. gold. standing the test of time. neil: it happened again another boeing playing in another incident, alex hogan has more from london. another difficult day for boeing and a terrifying day for passengers on the flight, 50 people wounded a flight traveling from sydney to auckland this was the lat a.m.

flight l.a. 800 the boeing 787 dreamliner had a technical issue causing the plane to suddenly lose altitude and dozens wounded 13 taken to the hospital upon landing one person in serious condition, other crew members and passengers mild or moderate injuries some on board were thrown to the ceiling of the plane when it plummeted this happen mid flight and it did land safely the airline issued a statement saying it regrets any inconvenience or discomfort caused to passengers. this comes after a technical problem on another flight today departing from the same airport left sydney headed for san francisco early this morning but because of mechanical issue you can see the flight path the boeing 777 made a u-turn heading back to australia and it landed two hours later this is the latest in a series of

difficulties for boeing, viewers will remember the incident that took place last week with the tire falling off of a plane taking off in san francisco on thursday. neil: incredible i cannot keep up, thank you very much, my next guest says you have these incidents that come to mind but it's the safest thing you can do you had him on over the weekend and he was trying to calm me down he always tends to do that because i freak out like i'm nuts, kyle is back with us and i get what you're saying i believe what you're saying it's safe to travel by plane but these incidents give people pause, what do you say. >> afternoon, that is true but everything is under the microscope by the world wide media bottom line this stuff has probably happened years ago, decades ago and with the media the way it is today in social media and camera phones we know everything about everything all the time and that's part of the

problem and the other issue with boeing's lack of oversight of the third-party vendors that they have. neil: that is a recent phenomenon that the planes get more complicated and very responsible for parts of the plane but that worries me they may be on the up and up and do everything that they're supposed to but how do we know the due diligence doesn't go all the way down to the subcontractors to the subcontractors to the subcontractors. >> that is true and employees could there be a couple bad apples like there is in every company, how does a company that does not control the subcontractors 100% how can they micromanage down to the level of individual employees with the alaska air door blowout. if i was in charge of that investigation i would start with the serial number airplanes before and after the airplane

that had the blowout and try to identify who the employees were on the line and see if airplanes before and after had similar issues with missing bolts. we had but we can produce records on the blown out door that's a whole other issue is the calvin kate of events that are happening it seems week after week day after day for the last several months and quite frankly it's not good news for boeing. neil: i do wonder you talk about we haven't had any serious plane crashes and i get that and the fact of the matter is this one with the door came off i came off at a higher altitude that would've been a very different story. >> it would've been a scene from an airplane movie and everybody on the airplane would've died if the airplane was at cruising altitude and on the flipside, there are airlines out there

that are opting in for the 737 max because they don't want to wait between five and seven years for an airbus aircraft boeing is delivering these airplanes within a year or so so on the flipside as a result we are seeing some airlines are opting for the max you because of the delivery time over what is happening from the last year. neil: we will watch it closely, always good talking to you. the aviation analyst faa safety team representative. we have a lot more coming up a phenomenon happening on interest-rate front despite the inflation that were out there it is not showing up in treasury notes and bonds, the yield coming down and aggressive investments are going up after this. ♪

♪(song in french)♪ (♪) (♪) (♪) (♪) book in the hotels.com app to find your perfect somewhere.

her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we got him under a new plan. but then they unexpectedly unraveled their "price lock" guarantee. which has made him, a bit... unruly. you called yourself the "un-carrier". you sing about "price lock" on those commercials. "the price lock, the price lock..." so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for.

i suffer with psoriatic arthritis and psoriasis. i was on a journey for a really long time to find some relief. cosentyx works for me. cosentyx helps real people get real relief from the symptoms of psoriatic arthritis or psoriasis. serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. i move so much better because of cosentyx. ask your rheumatologist about cosentyx. neil: when you hear about congested pricing when times are busy fast food establishment like wendy's will raise its burgers, wendy says that will not happen but we have a lot of congested pricing in effect if you think about it.

in new york it is soon to be a way of life depending on when you come into her leave the city you could be charged more if it's a busy time or less if it's not, the international president of the transport workers union of america kind enough to join us. impact on average workers, depending on when you get into new york city for example or when you leave you can pay through the no's. >> the base price will be $15 but to me in the transport union that's not the issue i've had, actually it's not against the reduction of congestion in the city of new york that is not our issue the issue there are broken promises and play and it's a half baked ideas the broken promise this was supposed to be accompanied by massive increases in service for a blue-collar new

yorkers that make the city run so the broken promises are evident it's not going to happen. all new yorkers are good to get day one congestion pricing is slapped with a 15-dollar toll and no new service or option particularly who live in transit or have no viable transit is going to be a burden no option to get onto public transit right now. neil: the way i see it what they want you to do is not consider you bringing your own vehicle and take public transportation as you say that is an option for many is not an option for all and of course there is an issue of crime and other things that give people pause even thinking of going into a subway or a train station on either side of the hudson. it is just a concern what do you think. >> i think it is it's a very classist approach those that can afford it will continue to drive

that leaves the question wide open how much is going to reduce congestion those that are to get hit the worst are the out of bar were new yorkers that don't have transit options but will have to pay $15 to get into the city from the outer boroughs. it's very classic in downtown brooklyn hipsters if you will on long island city or downtown brooklyn against the blue-collar heart of new york the attleboro workers that make the city go. neil: i know new jersey's governor and others even pennsylvania were looking at suing new york for this plan i don't think that went anywhere but what do you think the fallout will be people are still going to want to get into new york and a lot of your members will want to get in and out of new york what are they do. >> the viability of the lawsuit is up in the air i'm not a lawyer we don't have any idea about that, i think there would

be massive political fallout against the governor of new york state kathy hochul and electoral fallout she's demonstrated that she's clueless about blue-collar thought new york city and once again this is attleboro new york against manhattan and there will be electoral fallout the blue-collar mentality and those who make new york city happen are against the idea of congestion pricing particularly when the toll is not accompanied by massive increases in new service had the toll been accompanied by massive increases in new express routes and increases express presses and became a viable option for working-class new yorkers we may have seen a different story but right national pain electoral price and she may very well with her republican governor, god forbid that happens. most new yorkers like it and elsewhere that can deal with ith

it raises a lot of issues, the international president of the transport workers union of america, that is not going down . in the tri-state connecticut area to put it mildly. we will have more after this rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. ♪ i have type 2 diabetes, but i manage it well ♪ ♪ jardiance! ♪ ♪ it's a little pill with a big story to tell ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's start! ♪ ♪ as time went on it was easy to see ♪ ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body

to flush out some sugar. and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop jardiance and call your doctor right away if you have symptoms of this infection ketoacidosis, or an allergic reaction. you may have an increased risk for lower limb loss. call your doctor right away if you have symptoms of infection in your legs or feet. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. ♪ jardiance is really swell ♪ ♪ the little pill ♪ ♪ with a big story to tell! ♪

municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free. now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least $10,000 to invest, call and talk with one of our bond specialists at 1-800-763-2763. we'll send you our exclusive bond guide, free with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income are federally tax-free and have historically low risk. call today to request your free bond guide. 1-800-763-2763.

that's 1-800-763-2763. we're talking about cashbackin. not a game. not a game! we're talking about cashbackin. we're talking about cashbackin. we're not talking about practice? no. we're talking about cashbackin. we're talking about cashbackin. we're talking about cashbackin. not a game! we've been talking about practice for too long. -word. -no practice. we're talking about cashbackin. we're talking about cashbackin. i mean, we're not talking about a game! cashback like a pro with chase freedom unlimited. how do you cashback? chase. make more of what's yours. neil: we did in the adam johnson office easy bullseye ingenuity fund back with us. i wanted to get in this rat offering a six and half million

dollar evaluation as he gets ready for launch and sound and has good prospects, big test here. >> this is a company that tried to go public back in 2021 and they had to pull it, the evaluation that their talking is eight and a half billion and that is cut in half from where it was, that is probably a good thing, it's good to be priced their talking as were showing the viewers as six and half billion dollar evaluation which prices at six times sales and for perspective the nasdaq is trading at five times sales, you know it is in line a slight premium to the rest of the world and the rest of the tech world, they've scaled back reasonably and priced accordingly this is not a runaway bull market as we were talking there is good things happening certainly not a bubble and they have been sensitive to that. neil: what about if it doesn't have an a.i. tie people will put

a ceiling on this i don't know if that's true and you cannot invent an a.i. tie to attract investors but they say it's not nvidia and not that sort of thing but there are differences not everyone has to be a.i. to attract the pension. >> a.i. gets everybody excited and he gets me excited as a growth investor and the guy that runs the american ingenuity fund there is not a lot of a.i. and read it and i guess you can make the argument that you could use a.i. to target stories and adds to viewers and readers but that 30 being done by all of them instagram look at what they do i'll tell you what's interesting about reddit $10 in advertising per viewer, that is significantly below social media as a whole where the average is 75 - $80 per year per viewer. i think reddit needs to figure out how to do that. if they can do that they have a

lot of upside potential. neil: what about flushing out in the sorting out of the social media players not just a couple there are quite a few, how do you play that. >> on what are the guys who is buying meta data $82 and i took so much heat. it is worked out well, they cut their spending on the metaverse completely and earnings doubled so what had been something traded at 15 times earnings was trading at eight times it was an evaluation thing. weird he talked about evaluation on reddit it is reasonable but a premium to the nasdaq and have to prove what they can do. taylor: you prove what you can do i appreciate the adam johnson bullseye ingenuity fund jackie deangelis in "the big money show" are right now. jackie: hello everyo