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mar-a-lago it is expected to begin shortly we'll bring it to you live when it happens in the meantime house republicans have wrapped up their weekly presser speak or yawn son spoke out about the laken riley act he said a vicious killer murdered her and the only thing president biden did was apologize for calling her killer an illegal. okay now shut the markets i see green for the dow industrials dow has been all over the place this morning up 90 at the moment and nasdaq still down 190 points show me big tech. i think it is a mixed picture. yes it is. alphabet is up slightly apple microsoft amazon, nvidia all down. how about the tenure treasury yield that's gone up -- to 4.68% not good news for the nasdaq. there you have it. now this -- >> justin trudeau is out as prime minister of canada. he's part of a trend that is sweeping western democracies. donald trump is out front on this leading the charge against

old fashion liberal bureaucratic government that's been a keystone of so many societies for so long. rouble is, that form of government doesn't work for voters. the left is got off on climate change and cultural issues, voters want prosperity, growth, and freedom of speech. in canada, the rot started with truckers demonstrations they parked their trucks in ottawa protesting vaccine mandates rue doe called them insurrectionist and racists. he froze bank account of canadians expressing free speech and then mass migration, inflation liberalism couldn't cope when trump pushed him and caught him merely governor of canada writing was on the wall trudeau was out within weeks. this is happening all over the place. germany, the left of center government paralyzed france in turmoil right calls shots italy shifted to the right their leader appeared at mar-a-lago

saturday she's trump bridge to changing europe. argentina has embarked on libertarian government opposite what they've had for decades and then free speech today i think took a great leap forward metaannounced end the censorship of the past mark zuckerberg with trump in the oval office things are changing fast. and for parking lot better -- the consequences of an american election can be monumental, that is certainly true with trump. the third hour of varney starts right now. ♪ ♪ stuart: it's jimmy failla time right now. i think this is a revolution we're seeing the rejection of the left and the acceptance of the right all over the world. and a trump is at the heart of

it. am i going too far? kimberly:>> i think this electin general was people speaking out and if you assembled all of their comments it would form a middle finger to people on the left who are forced so many things on to society that we didn't ask for one of the things trudeau was out he was a soft spoken tyrant who cracked down on protesters but bigger issue in canada is way of life was getting trampled on they were having an economic struggle and the problem with all of the woke stuff on the left is that you're asking a society to walk on egg shells when eggs are nine dollars carton no one is going to put up with that. that's essentially what's happening everywhere in the world they want to i thought foot correct battles for their citizens. stuart: they do jimmy take a look at this opinion piece in "the washington post." it says biden's legacy a bridge to nowhere. the writer says after a lifetime of noble service, he will be chiefly remembered like so many in his generation as a man who

didn't know when to leave. ouch. biden thought his legacy would be ex-fdidr didn't work that ray. >> he'll have no legacy other than blooper reels shaking handle with invisible people that's his legacy other than the fact that he's releasing all of these guantanamo bay detainees the good news is view just lost their last 11 viewers but reality is, okay. biden like a lot of other world leaders getting shoved off the stage. [laughter] did his people a disservice as leader he opened up our border and tanked our economy and put the american tax paying citizen last and that's why trump is so popular because people feel heard and try to discredit it america first what white nationalist so it means every legal citizen in this country is his number one priority. we are the most tolerant inclusive society on earth. so it is the ultimate statement of inclusivity that's why he's

winning. stuart: no joy in me on reporting biden exit he's leaving as an angry old guy -- frustrated trying to frustrate his successor. that's a pretty harsh judgment. >> he'll have the first presidential library that scratch and sniff so that's exciting. with all of the hair sniffing he does so sniff -- stuart: you're terrible. you know that -- but we will make sure to watch you every weekend on fox news saturday night that will be 10 p.m. eastern jiminy thank you very much for being here. pleasure. check those markets please all over the place today. i see the dow is now up to the green. up 60 points but the nasdaq sinking further south it is off 227 points that's one point one percent. murphy is with me mike murphy do you think is the driving force for the stock market in 2025? >> twofold. one is going to be interest rates, and what you see is interest rates spike today what it did to the market it drove it

lower. so i'm of the belief a strong economy the stronger economy can support interest rates in this area. now yngt say above 5% but in this area the mid-4 will be fine and market will go higher that's number one. number two is going to be the trump economic plan. the trump agenda, the deregulation that the probusiness environment that's going to come under president trump 2.0 that's going to be a huge -- could be the most important thing because that's going to push corporate earnings it is going to push markets higher. >> he's got to get -- almost all of his program in place in the first hundred days. if he does that, maybe the markets off to the races if he doesn't maybe it might stall. >> it may. but you know what it is stuart there's so many things like came in this morning you saw a strong market. markets were higher nvidia higher leading the way after their speech yesterday all of a sudden we get ism data short-term telling us that u.s. economy and the consumer and the economy are stronger than we

expected. therefore, the market turns and goes south. i'll that i can. i'll take a -- i prefer that over lower rates, more fed cuts, because the economy is stalling out or the consumer is stalling out. we have a strong economy and now you add president trump to that. i think that's a good picture. stuart: what do you think of meta-- removing fact checking it is a revolution in spree speech turning in that direction. that's -- this is not an economic question it is a political question. it is a good thing, isn't it? >> not just a good thing but a great thing and driven i think by what's going on over at x when elon musk bought twitter he then started to change everything -- the way they fact checked different things. just really opened it up to free speech and letting the community dictate what was right and wrong, and that's where meta is going now i hope he sticks with it and if we get back regardless of the side you're on if you have social media that's so

powerful being able to silence your political enemies or any enemies out there or any group they want to, that's bad for the public at large. >> i think you're right stay with me for the hour please. ces that is the world largest tech show it is officially underway in las vegas, liz claman there she is, she's there in vegas all right liz, is it all about a.i.? [laughter] reporter: yes -- are you kidding -- it is so all about a.i.. hey, guess what doors aren't even open yet stu but at 10 a.m. pacific doors will open at 140,000 people these are people who are registered this is not for the open public. they will come streaming in here to see the consumer electronics that all of our viewers may be using don't worry, though, we got your press passes right here so let me show you -- it is the miracle ces. stuff isn't even out of boxes right now. but in just a couple of hours, it will all look mostly like

this everything is going to be pretty miraculously set up to your point stuart a.i. is the buzz word here. we're just here at one area, a.i. cinema, a.i. your kitchen. a.i. your home. a.i. your city there are 4500 exhibitors and almost all of them are going to jam that term a.i. somewhere in there. which is so unbelievable because it wasn't even that mentioned last year at all -- so keynotes 1100 speakers are going to be throughout the next couple of days talking about their electronics and their advancements that they have. but last night at all kicked off stu remember jeremy lin of the new york knicks -- lin-sanity everybody excited about the tall basketball player here we are with jen sanity the kickoff for jenson juan ceo of nvidia to count down went there we were --

just freaked out and amazed because i've been covering ces for 17, 18 years never haves i seen a keynote line like this. this was at the arena in there that seats about 10,000 when jenson juan came out people were screaming and cheering he was wearing his trademark leather jacket he's been at forefront with his chip company of the a.i. microchip, you know, best of your burgeoning business he's the futurist that everybody wanted to hear from he talked about the black well chip running a.i. that power the chat bots gave the price of the newest gpu graphic processing unit that actually went down to $549 for more than 1,000. but it was when he really focused on a.i. agents that people listened. these are the digital twins he says that era is now. listen. >> a.i. agents is probably the next robotics industry in likely

to be a multitrillion dollar opportunity. well, let me show you some of the blueprints that we created and some of the work that we've done with our partners with these a.i. agents. ♪ ♪ a.i. agents are the new digital work force. working for, and with us. reporter: so stuart your digital twin is coming to help you make your life easier supposedly, yen son wang says it will be a multitrillion dollar business but that the age of a. i. agents are here in the meantime i wanted to tell you the theme here as we wrap up stuart is dive in. and let's just dive into this toshiba people love to see the brand new screens that i see all of that 3 p.m. eastern to kick it off ces2025. >> i was going say that make sure to watch you the claman count down live from ces that

happens today 3 p.m. eastern here on fox business. liz thanks for being with us see you later in the day. coming up. jean-pierre says biden will have a busy final two weeks in office. it sounds to me like he's going to spend that time trying to make trump's job harder. california's newly minted senator adam schiff says he and his fellow democrats will be ready to continue investigating trump. >> if he violates the law and the constitution if he abuse his office, we will vigorously pushback fight back, stand up to him. as we have to do during his first term in office. [laughter] stuart: come on please this is a guy who led the way in the russia hoax sounds like the law fair is not quite done. i know sasha blackburn has a lot to say about this and saying on this program shortly. and we're still waiting for donald trump to open his press conference at mar-a-lago when that begins, you'll see it and wean reback.

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>> administration has transferred or is about or planning to transfer 11 gitmo prisoners to oman they want to be trump -- biden wants them to be resettled. david spunt at the justice department joining us now. do we know much about these prisoners? >> they've been in custody for two decades they've not been charged but they've been at guantanamo bay related to the 9/11 2001 attack on our nation as you mention 11 of them from yemen resettled in oman. this is a promise by the biden administration to try and close guantanamo bay something he's doing following the footsteps of his former boss former president obama. watch. >> they're in different layers

of the process. but that remains our goal and we're considering all available avenues to responsible detainees and close guantanamo bay. >> something that the president wants to do and get done, as far as the timeline don't have anything for you here. but, obviously, this is something that he wanted to be done in -- under his administration. >> as of right now the population in gitmo only 15 smallest number in the prison's history more than three dozen when biden took office we're learning another prisoner may leave gitmo stuart biden administration is negotiating with the taliban to release muhammad a senior al qaeda aid according to officials in exchange for american citizens ryan george, and mahmoud habibi khalid scheduled to plead guilty for exchange for life sentence deft secretary lloyd austin stepped in to nix that deal to

spare muhammad's life but he was overruled a military commission ruled that deal could go forward and that could happen as early as friday morning. stuart. stuart: daft spunt thank you very much. now this california senator adam schiff will not rule out the possibility of investigating trump during his second term. watch. we keep a focus on trying to get for the country but a lot will depending on how he chooses to governor if he violates the law and abuses his office we will viring rowsly push back, stand up to them as we had to do during his first term in office. but my priority is to try to get things done for my california constituents, realizing, though, they also expect me to stand up to him when he attacks the constitution or their freedom. stuart: that's kind of rich isn't it senator masha blackburn republican from tennessee joins

me now. i don't have a specific question madam senator but i want you to respond to senator adam schiff. >> and stuart, here is the guy who does not have respect for the rule of law. and who violated his position as chairman of the committee so subpoena phone calls with journalist, records, and when after the top republican on the house intel committee. and he would go on tv adam schiff would go on tv and would spread all of this russia collusion hoax for years. so for him to all of a sudden be concerned about the rule of law and how people use their position, you're right it is pretty rich. stuart: i tend think that if you're a democrat in california you can say and do just about

anything you like. and that's is a senator last word to you on this issue -- >> and what we know is that the american people have spoken out. they are tired of two tiers of jts. justice. they are tired the federal government being weaponized against people, and they are sick and tired they've had enough of actions from people like adam schiff. stuart: senator, you sent a letter to the fbi demanding they stop prioritizing radical dei agenda. over our national security, have you gotten any response from christopher wray on this? because he's on his way out -- >> he is on his way out, and no. we have not had a response. he owes us a response. we want to find out the extent of which they have prioritized dei over the safety of public, and stuart we saw this play out

in new orleans, and you saw what the fbi was doing there. they had held a dei recruiting event. they were showing their arms with swiftie bracelets that they had collected. we need the fbi to focus on keeping the american people safe. that should be their number one goal when they fail, the american people are not safe. >> it kash patel going to do that for us? >> yes cash is a wonderful nominee i'm looking forward to having him come before us at senate judiciary committee, and voting for him. he will go in, he is going to overhaul the fbi and i'm so looking forward to the hearing we have next week at judiciary with pam bondi she's going to be a magnificent job and she will reorganize the department of justice. stuart: senator blackburn thanks

so much for joining us we do appreciate it always we hope you come back soon. and for everyone else i've got more on pam bondi more than 100 former department of justice officials are throwing their support behind trump's pick for attorney general pam bondi that's interesting. >> it is very interesting they're urging committee to confirm bondi we're looking the a 100 alumni that work for republican and democratic presidents and they say that bondi's track record makes her well positioned for the job. bondi served as florida attorney general and also spent 18 years as a prosecutor in the hillsborough county state attorney's office. so in this letter signed by 100doj former employees they say in part, quote, it is all too rare for senior justice department officials much less attorneys general to have such a wealth of experience in the day-to-day work of keeping our communities safe. and we know that's so important for the american voters. they really voted with safety in mind this year. or i guess last year --

in the letter they point to bondi's success on cracking down on open opioids during her time closed down pill mills that were operating in the state of florida when she took office and prosecuted violent crimes she's a long time ally of trump she represented him in the first impeachment trial served in his first term. and this is the goal for the second term. stuart: i expected everybody would oppose pam bondi everybody would -- oppose her. apparently not. 100 former people at doj supporting, that's remarkable. >> it says something. stuart: quick check of the markets i see an awful lot of red on the screen. when you put it up eventually what you're looking at now is the podium in mar-a-lago we've been given a one minute warning that in comes president-elect trump in about one minute. meanwhile, all of this red ink on the markets you're not upset by this or worry about it at all ever -- >> you're seeing wild

fluctuations there's nothing an investor can do to time it something like nvidia sold from 15 to 141 if you want a place to invest money that's a great place. gliewt nvidia from 153 to 1 51 almost 10.i think -- >> a huge drop on no news. news on nvidia came out last night that's a positive so for someone looking to invest or add toe a position here's an opportunity. stuart: can you show me big tech for a moment lees because there's always action in big tech. and i mean what's going on today -- we've got one winner at this point. alphabet is up just a buck. apple microsoft amazon and nvidia down to 142 now that's 4.5 lower. president trump approaching the podium let's listen in. >> thank you very much. it's an honor to be with you many things are happening that are exciting. very exciting for our country.

and we're honored to welcome one of the most respected business leaders in the middle east indeed the world. he's a founder and chairman of dmac properties hussein, very respected gentlemen, and i'm thritted to announce today that demac will be investing billion dollars over a short period of time into the united states and may go double or even somewhat more than double that amount of money a great -- thing, and i believe he will say that he's doing it because of the fact that he was very inspired by the election. a lot of people wouldn't do that without the election and somebody going to go from a hundred to 200 billion dollars, and we have many other people and we'll be bringing some of them out. some of them like to do it

somewhat more quietly and some don't, and they feel so strongly about the country that they -- that they want to let people know about it. but it is an honor to have such a great investor, investing in our country, the invest element support massive new data centers across the midwest. the sun belt area, and also to keep america on the cutting edge of technology and artificial intelligence, very big into the data centers. and that's going to be very hot item in thy hot item in the coming years as you know with a.i. in particular the first phase of the project will be in texas, arizona, oklahoma, louisiana, ohio, illinois, michigan, and indiana. those places. and hussein i would love you to come up and say a few words. thank you very much. >> thank you. >> thank you mr. president. it's been amazing news for me and my family when he was

elected, in november -- we've been waiting for years to increase our investment in u.s. to very large amount of money. we are a company operating in more than 20 countries around the world. we have delivered more than 45,000 luxury units, and another 45,000 in the pipeline and data center in ten countries around world in asia, europe and middle east and we're very, very excited now with his leadership and his open strategy and policy to encourage businesses to come to u.s. for the last four years waiting for this moment. and we planning to invest $20 billion in even more than that if the opportunity the market allow us, but the moment we planning $20 billion and data center. a.i. and cloud business for the scalers. >> thank you. great honor, thank you very much. >> so nice.

that man knows what he's doing. he knows -- so hussein we're going to work with you and make sure everything goes smoothly. we have powers that have not been used in terms of environmental if you invest over a billion dollars in the united states, we're going give expedited reviews to everybody because everyone is afraid they're going to come and get caught in the quagmire which is prevalent in the united states unfortunately the quagmire of environmental other regulations and rules, and i made it a point of telling people if you invest a billion dollars or more -- and we'll do this for people with far less too. but we guarantee it. we're going to move them quickly through the environmental process, sometimes people held up 12, 13, 14, 15 years i saw it with plants in louisiana where i got it approved in literally a week. they were through the review,

and one week after spending 14 and a half years trying to get it and they were going nowhere it was a terrible thing. so i've been a victim of that myself over the years. and i think i know all of the games all the treks that are played, and much of it is just on to stop progress, so we're going to be helping you and everybody else that comes to the united states, and wants to invest their money that you don't get tied up for the rest of the life and you can't do anything in this commitment further underscores that many of the greatest business leaders on earth are seeing very bright economic future for america. since the election, as you know, very -- a lot of positive things have happened. we are inheriting difficult situation from the outgoing administration, and they're trying everything they can to make it more difficult. inflation is continuing to rage. and interest rates are far too high.

and i've been disappointed to see the biden administration attempt to block the reforms of the american people and that they voted for they just had a landslide election we won every swing state we won the popular vote by millions and millions of people. nobody even knows how many people -- millions. and still counting in some areas you know there's still counting the vote in some areas. can you believe this? what a place -- what a horrible place. one of the things we're going to do is we have to fix the elections so that we get honest counts and they get done by 10:00 or the evening or thereabouts places they're still counting votes. president biden actions yesterday on -- offshore drilling banning offshore drilling -- will not stand i will reverse it immediately. it will be done immediately. and we will drill baby drill we're going to be drilling in a lot of other locations, and the

energy cost are going to come way down. they'll be brought down to -- a very low level. and that's goapg bring everything else down that's what -- caused it to go up along with -- the ridiculous spend on the green new scam. all of this money trillions of dollars it is like throwing right out the window what they're doing, and they're trying to spend so much now they have taken money and giving to anybody that want it is for any project at all if it is -- if it is certified under green new scam. and they don't work. it is too expensive. and you know, they told me that we're going to do everything possible to make this transitioned to the new administration very smooth, it is not smooth because they're doing that. they are playing with the courts as you know. they've been playing with the courts for four years probably got me more votes because i got the highest number of votes ever gotten -- by republican, by far. actually by a lot. and you know, we had a great election so i guess it didn't

work. but even to this day they're playing with the courts attar that friendly judges like to try and make everybody happy on the democrat side it is called law fair and justice and so many -- i defeated deranged jack smith he's a deranged individual i guess on his way back to the hague and we won those cases. those were the biggest ones. and the press made such a big deal out of them. but we did nothing wrong. we did nothing wrong on anything. and the people saw that when they vote -- when a republicans not easy for a republican when the republican wins the popular vote by millions -- and wins all seven of the swing states, people said well he could win four -- we won all search and by a lot. that tells you we won. that tells and they've been -- watching this injustice i call it the injustice department what they've done is so bad whole world is watched that.

and it took work. but it got me a lot of votes because when explained, we have a ju new york as a very crooked judge. i'm under a gag order i can't even talk about aspects of the case that are -- the most vital aspects i'm under do you know that i'm the president-elect of the united states of america, i'm a former very successful president with the greatest economy in the history of our country borders that were sealed and beautiful. we had everything was good we had no wars. we defeated isis, we had no wars. now i'm going into a -- a world that's burning with russia and ukraine -- with israel you took a look at that attack on october 7th -- the attack on israel with the horrible way they got out not the fact they got out i would have been out before them but we would have been out of afghanistan with dignity and strength opposed to looking like a bunch of fools. with 13 dead and many, many badly horrifically injured

nobody ever talks about them no arms no legs nobody ever talks about them. the way they got out was outrageous leaving billions of dollars of brand new military equipment that i bought in the hands of the afghans and -- specifically the taliban. it's the group -- and we were doing very well we would have been out we would have been respected. i think it is one of the reasons it was so badly handled that withdrawal where people are jumping on to airplaning falling off the sides of airplanes when they're 3,000 feet in the air -- and nobody is ever seen anything like that. the worst and because of that, i think russia went and attacked ukraine. when they saw that they said these guys are incompetent they know what they're doing but we know what we're doing now and that's going to end a military defeated isis no wars i just finished a couple. and we got also our soldiers

guarding syria and turkey we're in the middle we had 5,000 soldiers that would have been gobbled up with two armies. we had one army, 300,000 we had another one 5 or 600,000 looking getting ready. we had 5,000 people in the middle i said to a general, how do 5,000 people do in that case? and the general just looked at me said not well sir. not well. and i took them out and you know what happened? nothing. i got criticized i say 5,000 lives actually. and -- we did a great job, and we're going to do an even better job because now we have a tremendous amount of experience and we have people that i can rely on but 625 million acres -- people can't real is this like -- the whole ocean. take an acre you know an acre you have a house on a half an acre or quarter of an acre or acre if you have an acre you have a big -- deal.

now you multiply that by 625 million acres -- it's like feels like the whole ocean. and that's our strength. you know, people can say we manufacture we don't manufacture thing we have -- we have oil and gas more than anybody in the world. we're going to have more of it too. but they took away 625 million acres of offshore drilling. nobody else does that. and they think they have it but we'll put it back i'll put it back on day one revoked on day one go immediately if we need to i don't think we should have to go to the courts but if we have to they try to be sneaky they say remember this is a man that said he wants to transition to be smooth. well you don't do that kind of thing you don't have a judge working really hard to try to embarrass you. because i did nothing wrong tbea i did absolutely nothing wrong. if i did something wrong i wouldn't be standing here right

now because i've won all of these cases. nobody is ever won so many cases as i have -- against a justice department -- jack smith had cases all over the place people were subpoenaed lives were ruined money we were helping them out we had to. they were being -- they were subpoenaing people from that had no idea what they were even talking about. that's a sick group of people and it was off to influence the election, it was all a fight against a political opponent. we've never had that in in country we have had that in certain countries we've had that in -- third tier countries. we've had that in banana republics but never had that -- in a place like the united states -- i don't know if it's been on a small level. i'm sure it has been on a small level but this was the largest level ever. they brought this more on out of the hague, he's a mean guy he's a mean nasty guy. his picture was perfect.

and with his robe his purple robe, and shouldn't be allowed to execute people because he'll execute as a nut job and all of those cases with him, and i mean, i don't know the judge in florida but we have a brilliant judge in florida that saw right through it. and judge with great courage as we call them radical left, they have a way they play the ref. they work very hard they play the ref. they go and say horrible things judges and prosecutors, and some judges and prosecutors say look the only way i get these people off my back is to give victory to them. they are playing the ref i think it is illegal what they do almost like talking it is worse than talking to a judge. but the -- the judge in florida judge kanen was brilliant and tough and she didn't stand for it. and i don't know her.

and never met her until the case and i don't believe i said one word to her. but she was very, very strong, and very, very brilliant and her opinion was so brilliant they dropped their appeal they couldn't beat the appeal. so that's what we're up against. so they say we're going to have a smooth transition all they do is talk it is all talk. everything they do is talk. we're going to have a smooth transition and then they take 625 million acres and market so you can't have a drill and we're drilling soon. we're going to be opening up and doing all sorts of things that and when i heard it yesterday i couldn't believe the size of it. you put down a map and put this -- it is just massive. and remember that that's worth probably, i mean, i've had estimates 40 to 50 trillion

dollars. that's more than our national debt. essentially he's thrown it away. he's thrown it away. he's taken 50 trillion dollars -- so if we owe 35 trillion -- he's taken 50 trillion dollars of value and thrown it right out the window we can't do that. nobody can do that. one other thing he did yesterday which was -- in many ways worse, hard to believe it can be worse. he wants all gas heaters out of your homes and apartments. he wants them to be replaced by essentially electric heaters. i don't know what it is with electric. this guy loves tricycle. we're going to be ending electric car mandate by the way this guy loves electric. and he we don't have enough electricity and a.i. where we need more and he wants to get everybody to have an electric heater instead of a gas heater gas heater much less expensive heat is much better. it is a much better heat --

as the expression goes you don't itch does anybody have -- a heater where you go and you scratch and you're like that's what you want to have they don't want gas where you don't have the problems of the electric. and the sources plentiful. much cheaper to operate much better, they work much better they look much better. 60% of homes and apartments have gas heaters he wants them all removed quickly these people are crazy. there's something wrong with them. there's something wrong with them. they also want to go back and they have already started that -- too when you buy a faucet no water comes out in areas with so much water you don't know what to do it is called rain comes from heaven. and they want to do no water comes out of the shower. it goes drip -- drip -- drip, so what happens you're in the shower ten times as long. you know -- no water comes out of the faucet

they want to go back to stronger than what they have right now i as you know ended that policy. i can have all of the water you want. makes no difference comes -- especially in certain areas we have so much water we don't know what to do with it but these are all things they want very, very little water to go into your dishwasher almost none. and you know what people do, they keep pressing, pressing keep it going. they end up using more water. like wise washing machines they want in your washing machine to have very little water coming out of the washing machine so when you wash your clothes you have to wash it four times instead of once and more water -- we're a party of common sense. and things that i'm telling you now is really all about common sense. on january 20th we'll turn the economy around very quickly. because right now we are -- when i think of our economy i think about inflation. that's what we have, we have inflation i believe -- at a level that we never had before.

there's never been anything like it and over the next four years united states is going to take off like a rocket ship. but really it is already doing it. if you take a look, just last month soft bank announced 200 billion dollars i think it will be 200 he said between 100 and i said making it 200 he said yes but let's say it is a hundred and might be 200 right, brian? dollars united states creating more than a hundred thousand jobs. hussein just announced tremendous invest that time he's going make and that, that's money that's in the bank. he's going to come and do it he'll do a great job and build the best centers in the country i guarantee because i know the way he builds since my election the stock market has set records. the s&p 500 index is broken above 6,000 points for the first time ever. never even close. in a single month small business optimism soared 41 points -- it is not a 41 it went up 41

points. and that's a largest in the 39 year history of the group that does it. according to gallop american people confidence in the economy has just surged -- to the highest level in history. that's why i have a news conference like i take the greatest business leaders in the world i say hey do you want to say you're going invest the money? they're not looking for news conferences they're saying -- what am i doing here and invest money. but it is good to know where the smartest businesspeople in the world are investing in and they're investing in the united states. so we've done this all in two months of not being there. you know, we haven't been there, and -- it is pretty amazing, and we think we're going to do some really great things really great things will be a be respected all over the world the panama canal is a disgrace what took place at the panama canal jimmy carter gaye it to them for one dollar and they were supposed to treat us well i thought it was a

terrible thing to do. most expensive -- structure ever built in history of our country relatively. it would be the equivalent of over, over substantially over a trillion dollars today. we lost 38,000 people. think of it, 38,000 people they died from malaria mosquitoes they were unable to stop the mosquitoes paid five times more to take the job many of those died we gave it away for a dollar. but the deal was that you know, they have to treat us fairly. they don't treat us fairly they charge more for our ships than they charge for ships of other countries. they charge more for our navy than they charge for navies of other countries. they laugh at us because we think we're stupid. but we're not stupid anymore. so the panama canal is under discussion with them right now. they've violated every aspect of the agreement and it's they're morally violated it also --

and they want our help because it's leaking and not in good repair. and they want us to give three billion dollars to help fix it. i said well why don't you get the money from china because china is basically taken it over. china is at both ends of the panama canal china is running the panama canal and they see this biden this guy who -- should never have been -- allowed even to run for president. of course she shouldn't have effort either i had to beat two people not one but wants to fix the panama canal and makes a lot of money china -- one of the most profitable structures ever built because you have ships lined up back to florida frankly and they just keep going through, and the numbers are staggering half a million to a million dollars a ship. and they too took it away from . meaning we gave it to them for a dollar.

but not going to be -- not going to happen what they've done to us they've charged us and overcharged our ships. overcharged our navy -- and then when they need repair money they come to the united states to put it up. we get nothing. those dayses are over. working with the republican majorities in congress will cut taxes. slash regulations, raise wages, and boost incomes that pace the world has not seen before and certainly not from our country. we had a big chunk of it for the first three years of prior to covid coming in with my administration greatest economy in the history with cut the most regulations in the history of our country. and i did that all in four years. by four times more than any other president cut, we did that in four years. and we were just getting started. we'll impose news tariffs so that the products on our stores will once again be stamped with those biewferl words made in the usa.

and we are not treated well as you know by canada. canada is subsidized to the tune of -- about $200 a billion plus other thing website and they don't essentially have a military they have a very small military. they rely on our military. it is all fine. but you know, they've got to pay for that. it is very unfair to have so many -- great friends one of them is the great one -- wayne i said run for prime minister you'll win it -- it will take two seconds. but he said well am i going to run for prime minister or governor? you tell me -- i said -- i said i don't know. let's make it governor i like it better but something will be done same thing with mexico we have a massive deficit with mexico. and we help mexico a lot there. essentially run by the cartels. and can't let that happen. mexico is really in trouble. a lot of trouble. very dangerous place.

and we're going to be announcing a future date pretty soon we're going to change because we do most of the work there, and it is ours. we're going to be changing opposite of biden where he's closing everything up essentially getting rid of 50 to 60 trillion dollars worth of assets we're going to be changing name of the gulf of mexico to the gulf of america what a beautiful name. and it is appropriate. it's appropriate. and mexico has to stop allowing millions of people to pour into our country they can stop them. and we're going to put very serious tariffs on mexico. and canada because canada they come through canada too and drugs that are coming through are at record numbers. record numbers -- so we're going to make up for that by putting tariffs on

mexico and canada. substantial tariffs. then we want to get along with everybody. but you know, they have to -- it's got to take two to tango. we're approaching the dawn of america's golden age a golden age for america we have things that nobody else has, more natural resources number one nobody knew that until i made us number one, we remember number three and we were in a short period of time in drilling -- you know you can talk about wind mills they litter our country they're littered all over the country like dropping paper like dropping -- garbage in a field and that's what happens to them. because in a period of time they turn to garbage most expensive energy they only work if you get subsidy only people that want them are getting rich is massive subsidies from the u.s. government it is the most expensive energy there is.

many, many times more expensive than clean natural gas. so we're going to try to have a policy where no wind mills are being built. you know, off the coast of new jersey they want to build like 200 wind mills people are going crazy. nobody wants them. and they're very expensive they don't work without subsidy you don't want energy without subsidy. you don't need subsidy but when you build massive towers with 25 stories tall 40 stories with one 70 stories tall. blades they take -- three ships to ship them. it is crazy. they're dangerous you see what's happening up in -- in the massachusetts area with the whales. where they had two whales wash ashore and i think a 17 year period -- and now they had 14 this season the wind mills are driving whales crazy, obviously, and actually over i think 125 or something over a number of years -- over a number of years, and we

don't want that to happen it is a disaster -- it is amazing the way a true environmentalist would say oh we love wind it sounds good but that's about where it ends. you know after ten years you have to redo them. and what happens is they don't do that. they let them stand and they rust and they say because of the environment iemg not a believer in this but they say you can because it is a certain fiberglass that blades cannot be buried in earth that's an environment so what do you do with them? what do you do with them and i don't know if you've ever gone to palm springs california or any of the place where is you have long-term wind mills standing. they're a disaster they're rusting, rotting, closed -- falling down. this is as you enter palm springs. and they put new ones next to them. because nobody wants to take them down because why should they take them down? it is very expensive to take them down and can't do anything with them because blades you can't bury them because of the environmental protection we'll look at that doesn't make sense but that's what they say. so we are at the beginning of a

great -- beautiful golden age. of business, and i think we're also at a golden age of common sense because everything i'm saying to you from a simple water faucet that doesn't allow water to come out appropriately -- to all of the other elements of what we do and what we're going to do -- to take 50 to 60 trillion dollars off our country balance sheet because some man that has no idea qhees he's doing no idea. you know it, democrats know it what they did was a crime by allowing that to happen and if you asked him today how much acreage -- did you submit essentially did you destroy you destroyed the -- you destroyed the economic viability of drilling in the ocean. and with a.i. coming along on all a lot of people don't realize that a.i. is going to be a big thing.

but you'll need double the electricity at least that we have right now. so right now we produce electricity for many, many different things. a.i. is a very big deal in terms of the future. china is already building electric facilities, big bold electric facilities you know how they're being fired up with coal. they're being fired up with coal. and we're going to build bigger and better ones people like hussein that are doing the same thing as he is i bet they don't do it as well because i know how he does it but a lot of things problem is they can't get their permits because i say build the plant with the building with the structure build the plant if you're going to grid grids are old so they said that's a great idea. in other words build your electric facility alongside of your plant. and extra output because you can make it larger pretty inexpensively extra output which you'll sell to the public.

but build it with the plant and people are loving that idea. so we're going to have a lot of fun making america great again and it is gong to happen i think -- very, very quickly. it is already whatted. so i would say this and this has been pretty openly reported by the news. there's never been anything like what's happened since we won the election a couple of months since we won the election, the whole perception of the whole world is different. people from other countries have called me they said thank you. thank you -- the perception of the whole world is different. we're going to have so settle big problems going on right now we have to settle up with russia, ukraine that's a disaster. i look at numbers every week the number of people killed in that war people don't know mostly soldiers now but towns have been obliterated that was a biden fiasco he could -- that never should have happened if we had a real president if we had a president that knew what he was doing -- russia would have never ever

gone in. but they did go in and we have a mess. the cities were all blown up. people have largely left. and the soldiers are killing each other at levels that haven't been seen since the second world war. so we'll have to get that one straightened out too that's a tough one much tougher than it would have been before it started. i can tell you that. the deal could have been made just by an average deal maker deal could have been made out of that. so thank you all for coming we'll take couple of questions. yeah. go ahead please. >> president thank you. i wanted to touch on the world on fire that you mentioned. but let's start if we could with your references to greenland and panama canal. so forth, can you assure the world that as you try to get control of these areas, you're not going to use economic or economic coercion can you tell us about what your plan is to negotiate a new treaty going ask

the canadians to vote and -- >> i can't assure you're talking about panama and greenland i can't assure you on either of those two. but i can say this -- we need them for economic security. the panama canal was built for our military. [inaudible conversations] >> i'm not going to commit to that it might be that -- you'll have to do something -- look, the panama canal is vital to our krnghts it's been operated by china. china -- we gave to panama not to china and they've abused. they've abused that gift it never should have been made by the way. giving the panama canal is why jimmy carter lost the election in my opinion more so than the hostages hostages were a big deal if you remember nobody wants to untay the panama canal because it is inappropriate i guess. because it is a bad part of -- of the carter legacy.

but he was a good man. look he was a good man i knew him a little bit. and he was a very fine person. but that was a big mistake giving the panama canal to panama was a very big mistake lost 38,000 people it cost us -- the equivalent of a trillion dollars maybe more than that. probably the most expensive they say most expensive structure if we call it a structure which i guess you can. ever built -- and giving that away was a horrible thing. and i believe that's why jimmy carter lost the i believe that jimmy carter lost the election even more so than the hostages those two things. >> the negotiations we are getting into on ukraine, you said it is a lot more complicated now. do you believe -- >> it would have never started. >> but it has started. >> not only started, the cities are largely knocked down. >> at this point, to hol