tv Varney Company FOX Business January 10, 2025 11:00am-12:00pm EST
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homelessness and to go and and fight the illegal immigration and support those people, give free health care to the all, and then they cut the fire budget. >> the data's been telling us the fed's been wrong, the abandon market is telling us that the -- bond market is tells i -- telling us that the fed has been wrong. >> the damage is going to be north of $100 billion, and we're going need help from absolutely everybody. >> gavin newsom is a terrible manager. he is the justin trudeau of california. he's or horrific. and, to obviously, people should want to make a change. >> this is the final referendum, you know, kind of reckoning of newsom. he's got nobody else to blame. >> it is not politicizing these fires to point out the policy mistakes that led directly the them, to the destruction that has affected, tragically, so many people. ♪ stuart: all right. look at that, that is -- it's 11:00 eastern time, friday, january the 10th. we've got a selloff, and it's
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still in progress. the dow's now down 600 points. show me big tech, please. i think they're all on the downside. yes, they are. alphabet, microsoft, amazon, apple and nvidia, they're all lore. here's one of the big problems for the market apart from the if inflation outlook. you've got a sharp rise in the yield on the 10-year treasury. 4.74% as we speak. in moments los angeles mayor karen bass, she's going to to hold a press conference about the fires. we'll bring it to you live if she takes questions. donald trump has been sentenced to unconditional discharge in his new york criminal case. trump says this was a pathetic loss for democrats in their un-american witch hunt. he's still calling for the case to be fully dismissed. we'll have a full breakdown of his sentencing later this hour. and now this. the extent of the wildfire damage is stunning. i think we're all in shock when we see those drone shots of pacific palisades with block
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after block of burned-out ruins. how will los angeles recover and rebuild? two obvious problems. first, insurance. let's get real. many companies have withdrawn from the state because regulators would not let them charge premiums that reflect risk. that leaves the insurer of last resort holding the bag. that insurer is called fair. it is backed by the state of california. of government summon. government money. the "wall street journal" saws it has over $450 billion worth of liability and only $700 million in cash for payouts. who's going to rebuild when insurance is out of reach? and how do you rebuild when california has the most draconian permitting rules in the country and the most far-reaching climate restrictions? governor newsom has a climate action plan. he's very proud of it. if you don't approve of it, you're a climate denier. he wants net zero co32 the emissions by 20 the 45, no
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fossil fuels, no gas-powered cars, no heat for gas or cooking, etc., etc., etc. he doesn't care that california already has the highest poverty rate, the highest taxes and the highest electricity costs in the country. newsom, karen bass and the whole california democrat establishment are just not the right people to lead the rebuilding and recovery effort. political change is urgently required. third hour of "varney" starts now. ♪ ♪ stuart now this, comedian adam corolla believes california democrats will vote republican after the mishandling of the fires. you've got to watch this. >> you guys all voted for karen bass, the mayor of los angeles, you all voted for gavin newsom, and now you [bleep] get what you get. oh, now that your house is on
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fire. so here's what's going to happen. all these people who are deep blue democrats are now going to have to pull a permit to to rebuild. and they're going to get the 28-year-old [bleep] from the coastal commission telling them to go [bleep] off. and then they're going to to vote for trump or whoever's trumpian next. when they start getting the regulation, they're going to go nuts. [laughter] stuart: i do believe he's right. the gentleman on the right-hand side of the screen is steve hilton. steve, is this finally going to turn the california just a touch red? >> more than that. we need a political revolution in california, stuart, and i think we're going to get it because, you know, i've been here in los angeles walking around talking to people for the last 48 hours or so. the level of rage, the level of fury is off the charts. people know that every single aspect of this absolute human and economic catastrophe was either directly caused by or
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made much, much worse by democrat policies and democrat politicians. just to take the example of insurance, it's worse even than you say. of course, everything you said was correct about the price capping. by the way, exactly the kind of policy that kamala harris wanted to inflict on the whole country in her presidential campaign that was doomed to failure. but it's worse than that. another reason all these insurance companies have pulled out of california is because of the massive cost of building or rebuilding anything because of the labor regulations, the environmental regulations. you try and build a house in california, the exact same floor plan is five times more expensive to build than if you built it just across the border in arizona or nevada. and then you look at the absolutely lamentable respond to this, not just the long-term failures that led up to this catastrophe, but the short-term response. you look at a govern gavin -- governor gavin newsom this wandering around a neighborhood
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with anderson cooper and he's asked about fire hydrants running out of water, running out of water, and he says, oh, ask the local people. and then we do ask the local people, karen bass, and she's asked about it, what that because she do? two two minute silence, freezing, staring into with spaisms i have never, ever seen a more lamentable collapse of political leadership and authority than that what we're seeing here right now, and that's why you are completely correct. this is the moment the hold them accountable for their failure and to build a movement for political change the kick these people out and bring back some competence and common sense. stuart: well, listen to this, state lawmakers held a special session to trump-proof the state. that was just yesterday. or the day before yesterday. trump-proof the state. they held a special session for it. shouldn't they be concentrating on fire prevention? >> of course. by the way, first of all, what an insult to the millions of californias co-- californians who voted for president trump as their elected representative.
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more than 6 million people. over 40%. and they're saying, oh, we're going to trump-proof this state from if your vote. i mean, and these are the people when lecture us about democracy. unbelievable. and exactly as you say, at the moment when our leading city, this great, magnificent city, the second biggest city in the greatest nation on earth is burning like hell, and they still go ahead with their pathetic political games instead of trying to help people? these people, all of them, should be run out of town. stuart: you know, i think within go or tree years, i'm -- two or three years, i'm prepared to say there will be a republican elected for statewide office, and i intend to live the see it. last word to you. >> i completely agree with you, stuart. and i will tell you that i will be part of that a change one way or another. that is my commitment to you today. stuart: that's a wonderful thing. steve hilton, you come on back soon. have a good weekend. >> thank you, stuart. stuart: fox corporation has donated a million dollars to the
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california red cross whilefire -- wild fires relief efforts. scan the qr code on your screen which will appear, i promise. i did promise. if all right. coming up -- [laughter] any day now. no, we go to the market, okay. the selloff continues. we're down 630 points on the dow industrials, and the nasdaq's down 3700. jonathan hoenig -- 370. come on in, please. 256,000 jobs added in december. the 10-year treasury yield going well above 4.7%. is this the start of a bigger selloff on wall street. >>? >> well, the trend is down, stuart, and i've got to emphasize the fact that the jobs number was good, but we as investors don't trade the jobs number, we trade price. and price is what i watch, and the market has been extraordinarily weak even before coming into this number. today, stuart, you've got 32 the new 52-week highs, 200 new
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52-week lows, and a majority of stocks are trading below their 50 and 200-day moving average. i think rates has a lot to do with it. the fed has cut rates, what, three, four times since september? interest rates have been going up since september. and the 30-year, stuart, is up near 5%. i'm not buying dips in a lot of weak stocks, and i'm looking for anything that shows strength during these market selloffs. stuart: jonathan, again, i'm very sorry i'm cutting it short -- >> of course. our prayers with those on the west coast. thank you, stuart. stuart: yes, indeed they are. thank you, jonathan. more companies donating to trump's inauguration. which is the latest, madison? >> boeing and google. each company has given $1 million to president-elect trump's inaugural committee. google's donation, they're also going to to get a live stream on youtube, which they own, so not a bad deal for them. google and boeing have donated
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to other presidential inaugural funds, boeing says for the 35s three inaugurations. chevron also joining the list, but they will not say how much they've given to the fund. but that list is very long. as as a reminder, meta, amazon, uber. those companies you're seeing, they've all contributed to trump's inaugural fund. car companies toyota and ford also on that list, they have even given $1 million. businesses looking to curry favor with the incoming administration. should be divide the inauguration. stuart: i'm dying to see -- >> i can't wait, yeah. stuart: coming up, we've got the long-awaited trump sentencing in the new york hush money case. the president-elect has been given a sentence of unconditional discharge. we'll have a full break, breakdown, i should say, on what it means and what comes next. at least 10,000 buildings, many of them homes, have been destroyed, this is in los angeles, and an insurance nightmare is brewing in california. what about the environmental restrictions for rebuilding on
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♪ stuart: this is what everybody's talking about these days, the california fires. ten people are dead at least k and at least 10,000 buildings have already been destroyed. max gorden is live nurse on the ground there. max -- on the ground there. what's it like around you? >> reporter: yeah. well, stu, it's hard the fully drive home how much devastation we've been seeing. here in pacific palisades really every single neighborhood you drive through you see scenes
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like this, homes burned to the ground, block after block. you said it there, around 10,000 structures have been destroyed by these wildfires that have been ripping across southern california. five blazes alone in l.a. county. right now we've got about 35,000 acres of fire. that is a size more than twice the size of the island of manhattan. but really if you want to see the full extent, just look at this view right here. we've got this mobile home park in the foreground here. street after street, home after home burned down. you have the pacific ocean and then stretching down the coastline you have malibu, also affected by this fire right here, the the palisades fire. and then we're talking about the human toll. the death until now up to 10 people, i -- but officials say there could be more deaths as search and rescue operations continue. now, fire-fighting aircraft, that's been key in the fire
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fight. but yesterday, yesterday afternoon a drone struck one of the super scoopers being used on these fires. that plane has had to be grounded because the wing was damaged because of that the drone strike. so that's been taken out of the fight. and when we're talking about the human almost, 20 the people have also been arrested for looting. it's just been a devastating several days here in southern california. a whole lot of pain, a whole lot of suffering, so many injured, too many people killed and really, i think just the full extent of this is now becoming clear for so many down here. stu? stuart: max gorden in the middle of it, thanks very much, indeed. luxury realtor josh altman with us now. you sell at lot of homes in l.a., obviously, when we see a fire like this, what happens to the real estate market after the fires. >>? >> stuart, i wish i was here celebrating a big sale or something like that, but unfortunately we're here talking about a thousand new renters and buyers that have now, unfortunately, entered into the l.a. real estate market.
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my phone over the past 48 hours has been ringing nonstop with different types of calls. first, you have the call for immediate occupancy in a turnkey property where somebody can put their family and then figure out where they're going to go, and then you have the next call for the long-term leases, for the two years, maybe even three years because that's how long it's going to take to build these houses. and then you have the other call which is the people who are not going to go with back to to places like the palisades. it's going the take too long. you have neighborhoods that are going to be build. are they going to want to the finish their house and then sit there amongst construction for the next few years with their children in the house? it's not going to happen. they're going to end up selling the dirt and looking to buy houses now. is so to give you some sort of color of what's going on, we typically at the altman brothers, we list about $1500 million worth of real estate in a month -- 150 million. invest past 48 hours, we are listing $1250 million -- 150
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million worth of real estate. on the other side of the coin, you have, of course, the landlords. they're going to put their houts on the market even if they didn't want to, and they're going to charge a premium because they think that the insurance companies are going to be paying for this. and then, of course, you have people that are putting houses on market for sale in places like brentwood, santa monica, bell achier beverly hills because it's -- bel air, beverly hills because it's close enough to where their regular life used to be, so that's where they're looking to purchase houses. stuart: it seems to me you certainly can't rebuild, can't rebuild quickly, until you fix these green rules and regulations. is there going to be a change in those regulations, a change quickly? [laughter] >> this is california, nothing happens quickly, or unfortunately. the average build with time for a house is about three years. that a's about a year in the permit process. you have to hope that if people lost their house to a fire, they're going to go to the front line. i don't know if that's been
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approved or not, so they can actually break ground immediately. but we're realistically talking about a 3-year process just to do that. we're not -- and the hillside, the hillside building, forget it. that's a whole different animal. that could be four years, five years. malibu is notorious for taking the longest time to build. developers just stay out of that area because it could be seven or eight years. the other problem is with the insurance money, the cost to build. so even in a place like the huntington palisades which the entire neighborhood, unfortunately, has been destroyed, these are 7500-square -foot houses on average. they're going to average from e about $8 million to to $25 million. you are not going to be able to recreate a house that you were living in because your build cost is going to be at least $1,000 a foot if not more. stuart: i guess you've got an insurance nightmare looming. it's happened already. that's not going to help, is it? how's that going to be resolved? >> well, so we have been dealin,
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we've been dealing with a fire insurance nightmare for well over the past couple of years. when i tell you the amount of deals that have not gone through because somebody falls in love with a house and then they realize that their fire insurance is twice as much as their monthly mortgage, i can't tell you how many deals have been killed in the past. now, i mean, is it even going to be obtainable? i don't know. i don't see that happening. and that's a whole other problem that we have to deal with. anywhere where you go up in bel air, up in brentwood, up in beverly hills, up in malibu very high up towards mull holland, towards the mountains -- mulholland -- you're going to have to bake into the price, and it is going to be the reflected on the sales price of how much it's going to cost for your fire insurance. and it is gonna be huge. stuart: it is, indeed. josh altman, thank you very much for being with us. i'm going to tell to our audience -- can we go back to the that a video, please, producers? that's almost like a pop-up fire
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in pacific pal laid that looks -- palisades that looks to be developing as we speak. we'll keep that video up as long as we possibly can for you. all right, what else have we got coming up here? ashley, let's go to you. take us through some of the well known landmarks damaged by the fires. ashley: yeah. we're talking about several landmarks that really hold a spot in l.a.'s cinematic and cultural history. for instance, palisades charter high school. it suffered significant damage. the public school has been a popular location for hollywood productions including the 1976 horror classic carrie and the 2003 remake of freaky friday. that's a classic starring lindsay lohan and jamie lee cur us. another one, will rogers' ranch house. destroyed, gone. the 31-room home was owned by the popular actor until his death in 1935. it was donated to california's department of parks and recreation which then turned the grounds into a state park.
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it is gone. also destroyed, the to pang georgia ranch hotel featured in numerous tv shows and films over the years, in longer there. and the flames also destroying the real inn malibu. it's an iconic seafood restaurant that that had been a popular hang ott for celebrities like jerry seinfeld, cindy crawford, to name just a few. it's been there for the past 36 years. that restaurant, gone. and there's many more i could list, stu. stuart: thanks very much, ashley. we're keeping an eye on that fire in pacific palisades. it popped up. a moment ago i saw someone running out of an adjacent or neighboring building. that's a live shot, a fire in progress. we're going to to keep a close eye on the treasury yields all the way through the program because treasury yields are going up, and that's pushing price on wall street down. 4.75 on the 10-year treasury now. will let's look at the biggest losers on the nasdaq. it's quite a list. on semi, brown forman, xcel
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energy, advanced micro devices, they're off better than 4%. coming up, the sentencing in trump's new york criminal case was just handed down. trump received an unconditional discharge. former federal prosecutor andrew cherkasky is here to explain what that means and what comes next. ten people did, 10,000 buildings destroyed. the california fires have a terrible impact. we've been asking for -- asking all morning, what will it take for california a januaries to vote out these liberal politicians? jillian michaels will respond to that. ♪ ♪ known for pursuing your passions. no one wants to be known for cancer
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stuart: on your screen, left-hand side, that is a fire that just kind of popped up. we thought it was in the pacific palisades area. we don't know that specifically. it is somewhere in los angeles. we've seen flames coming out of that building just moments ago. los angeles officials, they're holding a news conference on the fires, and here's the latest from that. the eaton fire is 13,000 acres, only 3% containment. the palisades fire is 20,000 acres, 8% contained.
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the hurst fire, 7000 acres -- 7 7000 acres, 37% contained, and the kenneth fire, 35% containment. 700 acres, hurst fire. they have not taken questions yet. that's when this is going to heat up. quickly to the markets, the selloff continues. the dow is down 675 points, and that would be 11.5%. the -- 1.5%. the nasdaq is down more than 2%. former president trump, let's move that up, please. former federal prosecutor, sorry, andrew cherkasky, joins me now. andrew, welcome back to the show. trump has been handed an unconditional discharge. spell it out. what does that mean and where's he going? >> that means the trump lawfare is over. and so now we can turn and looked at the scorecard, i think, to see what it was worth in the end. it has gone on for four years. president trump has been through all sorts of efforts by the
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left, prosecutors, merrick garland and alvin bragg here in new york, and they have made all of the efforts that they possibly could to put him in jail, to take his businesses from him and, ultimately, to keep him out of the office. i think the scorecard says they failed entirely. the unconditional discharge today means there's no jail time, there's no fine, there's no further consequence, and there's no ability for the court to continue to hold anything over him like the gag order that's been out there. so the only win that they have on the scoreboard is that they now can call him a felon, a convict. and that's something that still will go through the appellate process. and if they end up winning that in the end, that will eventually be released, but he can never be sentenced to something more serious than what's already happened. so it's over. stuart: but he is going to appeal. he wants to wipe it off the books. what do you think his chances of winning his appeal are? >> well, the chances of winning
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are very strong, and that's for a long list of reasons that would take much long or than my time that i have with you right now. but there are serious issues that happened throughout the course of that new york trial, fundamental fairness issues. not just the immunity part of it, not just a question of whether trump should or should not have been prosecuted because of his time in office, but because the crime was so unique, so novel. the jury was instructed in a way that makes really no sense constitutionally speaking. and in the end, the actual facts to of the case don't seem to support criminality in what ultimately happened. but i think the big question is, when is that appeal going to happen. it's now in the hands of donald trump because the appeal window opens now, but while he's in office he can essentially stop or stay all proceedings. so he could either file it while he's in office and allow that that, essentially, to be a distraction, or he can push it off until he's out of office in four years.
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stuart: andrew, i'm just going to interrupt for one moment on the left-hand side of your screen, that is a fire in progress in los angeles. as you can see, i believe those are firefighters who have made it onto the roof. i wouldn't have their job for anything, but that's where they are. they're fighting that fire. that's a live shot from los angeles. back to andrew cher kaskey here. a -- cherkasky here. i want to go back to the trump trial. what is the professional standing now of alvin bragg and judge merchan? >> well, they have their reputation to deal with. i think the whole country saw what happened here. they've all formed their opinions. i think we know what the majority of the country thinks. biggest problem is that really professional, really excellent prosecutors who are trained and have spent their lifetime prosecuting real crimes were distracted by this over the last four years. and politics aside, many criminal prosecutors -- doesn't matter if you're on the left of
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the right, you're going after the bad guys. so many bad guys, i believe, got away in a way that we can't count because the best prosecutors were put on this fundamentally unfair, novel case. that's a tragedy that we can never play back the time on, we can never get back. stuart: something's different from just a moment. special counsel david weiss, he's expected to release his report on the hunter biden investigation. could come out next week. what would happen now that biden's been pardoned? anything? >> well, i'll start by saying i don't like special counsel reports. i think that it, it's outside the judicial system. there's no due process to it, there's no response to it. if the filings that in court, the trials themselves, that's what we should be putting most weight into, and donald trump seems to agree with that where he has a pending report from jack smith that may be released by merrick garland. that's got its own legal process going on right now. but i think that that report
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would spell out what we already know about hunter biden and potentially even more of the scope than what was prosecuted in the courtroom. what it won't include, i think, is the foreign stuff that he was involved in, in ukraine, in china. the crimes for which he was never indicted on that a so many people have, had very serious concerns not just with him, but also his father's connection. i don't think there's going to be any of that a in the report, but those are the big questions that i think the public wants to know. stuart: yeah. we would like to know more about that. andrew cherkasky, thank you. a federal judge has struck down the administration's changes to titleix. tell me more. >> yeah, this is interesting. so a federal judge in kentucky ruled that the new regulations which expanded nondiscrimination protections for lgbtq students violatings -- violates the constitution. last year the education department unveiled changes to title ix that would expand sex discrimination to include gender identity and sexuality.
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think transgender students. once that happened, a dozen republican-led states sued the biden administration arguing that the changes undermine the law's intent which is equal opportunities for men and women. the states also took issue with the new provision that allowed transgender students the to use single-sex facilities that best align with their gender identity. meaning, like, transgender girly born as men -- in girls' dressing rooms and locker rooms. again though the judge struck this change down saying it violates the constitution. and before this decision that we just got, federal courts had already halted the rule from taking effect in 26 the states. stuart: thank you, madison. >> you got it. stuart: months ago joe rogan warned a fire of this scale would break out in california. >> one day it's just going to be the right wind, and fire's going to start in the right place, and it's going to burn through l.a. all the way to the ocean, and there's not a [bleep] thing we can do about it.
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stuart: if rogan was aware of it, how were local officials caught off guard? we're all over that one. fitness guru jillian michaels has evacuated her mom from the california fires. this after she lost her own home in 2018 in the woolsey fire. she calls leadership in the state negligent, and she's here the sound off. she's next. ♪ ♪ after last month's massive solar flare
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stuart: you've got to follow this market closely because the dow is very close to a 700-point drop. the nasdaq is down 400, and the s&p is about to go down 100 points. that, folks, is a selloff. officials continue their news conference on the fires in los angeles. the cause remains unknown. but listen to this, 57,000 structures remain at risk. 153,000 residents are under evacuation orders.
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yesterday a suspect was arrested in connection to the kenneth fire, but they've not yet started to answer any questions, and that's where that press conference can really get to heat up. i want to get to the personal side of the fires. celeb i think fitness trainer -- celebrity fitness trainer jillian michaels joins me now. you had to evacuate your mom in california. that was in this fire, right? >> yes. stuart: tell the story. >> yes. we actually lost our home in 2018 to the woolsey fire, so you would think that something would have changed since then and, unfortunately, nothing has. things have only gotten worse. and this is not 2018 to now, do you realize that northern malibu just burned down four months ago. this is a yearly occurrence, which is why it's inexcusable, the lack of preparedness, the misappropriation of water. it's just absolutely outrageous. so my mother's in brentwood, my ex has a place in to pang
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georgia canyon -- topanga canyon. i have friends -- we got out and went to miami. but with i have to go on instantly back and forth because of family, bill maher's studio is there, i work with bill maher. so we were there for new year's, the the fire broke out. my ex moved the kids to pasadena, i moved my mom to west hollywood and i was supposed the come to new york to do new year, new you press. subsequently, my ex's, my in-laws' house burned down, e my ex's house is jeopardy, and -- stuart: gillian, i'mer the create sorry, or i've got to go back to this news conference. they're asking questions, and i want to hear this. >> of course. >> -- flag warnings still in effect. they will resume again next week. there is no rain in the forecast. what are you doing at this point to earn back people's trust and to make sure these mistakes don't happen again? >> well,s first of all, i think
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that that that was addressed at the beginning of the press conference by kevin mcgowan -- >> i would like that from you, i don't -- you're the -- >> so let me just be clear, i am going to spend every moment that i can making sure that i am in as many areas as possible meeting and talking to to residents to see what is needed in the recovery. but i also mentioned that we're moving into recovery mode at the same time. meaning that we want to see the city rebuilt, we want to see los angeles come together -- let me finish. we want to see los angeles come together -- >> [inaudible] you have millions of people here who get these alerts. they are ignoring them. you still have red flag warnings this in effect. there is a real threat here. what is your message to your constituents who are losing faith? have you started this entire press conference begging people not to turn their phones off. >> i want the the los angeles
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region to have faith in what we are doing 24 hours a day. i can say on behalf of our first responders from the fire department, the police department, we are doing everything we can to bring the situation under control and success has been reported. we know that we're going to have a possible increase in the force of the winds at the beginning of next week, and getting los angeles prepared, doing everything we can to save lives, that is our number one job, to protect people's homes, to protect people's businesses and and to prepare to rebuild los angeles in a much better way. we're going to stand united, we're going to stand together, and we are not going to allow politics to interfere, and we're not going to allow people to divide us for political gain. thank you. >> thank you, mayor bass. >> bob decastro from -- stuart: jillian michaels, you've been watching this -- >> yeah.
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outraged. we're going to get prepared. what do you mean you're going to get prepared? you should have been prepared. we're not going to allow politics to come into this -- stuart: nonsense. >> this is all politics. you cut the budget of the fire department there by $17 million. fire hydrants were broken, reservoirs were dry, new reservoirs that were supposed to have been commissioned in 2014 via proposition 1, not one of those reservoirs has been completed. the forests are mismanaged. no controlled burns have been done. all of this should have been if in place already. and i would love to give it to you. like, let's say that you do have global warming. i'm not an expert on this, but i'm going to run with it. owing -- knowing that you have global warming and knowing that california is inherently a tinderbox and you have the santa ann ma winds and it is simply -- santa ana winds and it is simply a climate that is ripe for these
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kinds of catastrophe, how are you so grossly underprepared? and, see -- i'm sorry, go ahead. i'm just so -- [laughter] stuart: the outrage that's being expressed, it's awe across the board. is it sufficient, will it result in a change in politics in california? >> that is exactly -- stuart: can you get a republican in there? >> that is the issue. even -- whether or not this is blue or red, i have no idea. you know, this, the issue is that whether you're republican or democrat, it's a nonpartisan issue. you're meant to be mitigating disasters. so, to me, it's purely a leadership fail. i don't care if it's a blue or a red, it's a newsom problem, it's a bass problem, and it's been going on for years now. stuart they are obsessed with climate change and obsessed with dei. i don't care what your opinion on those issues are, but those issues should not get in the way of the safe i the of the population. -- safety of the population. >> when you look at where the
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state's water is going, whether it's running off into the ocean to protect a small fish or it's being channeled to to a few very large, industrial farmers who are billionaires -- i'm not talking about small and middle-sized farmers -- who are responsibility for 80% of the state's water and 2% of the state's gdp and they make large campaign contributions to the governor, i mean, this is the tip of the iceberg of what's going on here. stuart: gillian, i'm aafraid i have to break away yet again, but thank you very much for having me. >> thank you for having me. stuart: we appreciate you being here. we're going to take a break from if politics and the fires. if politics and the fires. don't go anywhere. friday feedback is next. h. take a swing at your kitchen reno... we meant that literally. sofi personal loans. low, fixed rates. borrow up to $100k. no fees required. investment opportunities are everywhere you turn.
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♪ stuart: i can't hear anything. [laughter] >> you're on. [laughter] stuart: i know i'm on, but can the audience hear me? yes, they can. here's friday feedback. first comes from ben. would you ever consider buying or to investing in a premier league club or other profession professional team? is my answer, no. i don't have the money, don't want to take the risk. ashley, what have you ott got? ashley: no, but if i had elon musk, jeff bezos money, you know where it's going.
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[laughter] >> madison? [laughter] i got you. the answer is, yes. i can say that because i don't have the money for this. this is fully a hypothetical. [laughter] the premier league's fans love their team, so to be so involved, i think, would be fun. ask me in ten years. stuart: if i was elon musk with his money, i'd invest in liverpool. lauren? lauren: no money, no time. no interest. sorry. [laughter] if. stuart: moving swiftly along -- [laughter] this is from march mary. -- mary. what's the most unusual food you've ever tried and would you eat it again? tomato juice in beer as served in canada and por age, that would be oatmeal, served with salt as in scotland, and i wouldn't do either of them again. lauren: the latter sounds good. oh, yes. he pointed to me, ashley, so i'm just going to take it. in singapore, an ice cream sandwich is a piece of white
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bread, literally, with ice cream inside of it. stuart: and you loved it? the. >> sounds good. lauren: i was on the front. stuart: what have you got, a madeleine? >> madison! i had guinea pig in ecking what door. kind of -- ecuador. kind of tasted like chicken, and i would have it again. stuart: ashley. ashley: oh, boy. i had rocky mountain oysters when i lived in montana which are actually bull's testicles deep fried and salt and pepper put on them, i'm still in therapy over it, and i'll leave it at that. [laughter] stuart: you should. lauren: wow. stuart: from you could witness any historical event firsthand, which one would you choose? madison? >> i think i would have to go with washington crossing the delaware. we've seen the pain painting, but to be there on the boat, how cool would that be? stuart: not bad. lauren? lauren: woodstock.
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i wasn't alive in 1969 -- stuart: you had to to tell us that. lauren: a million people, three days of doing what they did. stuart: my child friend here. [laughter] ashley, what have you got? ash 1966, wembley stadium with, england actually won the world cup. the first and last time. so that would be interesting to watch. stuart: i would -- yeah. i watched it with my dad, and that was one of the great moments. lauren: you were a young lad. stuart: actually, not. i was 18 -- lauren: 11? stuart: i was 18. all right. now it's -- move on. time for the friday trivia question. this is intriguing. what is the fastest skiing speed ever recorded? 146, 150, 154 or 158 miles per hour? intriguing question. the answer after this. ♪ ♪ if
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the further we'll all go. so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. was a good question. what is the fastest skiing speed ever recorded? one hundred 58 mph? you are up for this. ashley: they drop out of a plane? that's crazy. i will go with number 4. 158.
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stuart: madison, i briefed your father, skied at 80 miles an hour. lauren: i set this record. 154 miles an hour. stuart: it out of here. lauren: i will answer that. lauren: i'm is disagreeing with ashley. we always do the same number and i'm opposite strategy, the lowest number, small, 1.6. stuart: i am matching actually. simon billy from france, the speed masters event in france, 156, 158. >> my stage name is simon philly. stuart: do you really see that? time is up for all of us. time to say hello to david asman. it's yours. david: a look at our top stories this hour, stocks are sink
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