tv Cavuto Live FOX News June 11, 2022 7:00am-9:00am PDT
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[laughter] [cheers and applause] will: thank you, erik. ♪ ♪ neil: fox on top of the fury from democrats pushing outrage and prime time hearings over something that happened 18 months ago to republicans pushing outrage over sky-high prices and sky-high crimes very much gripping the nation right now. what are voters focused on? today we're going to try to find out because odd the we are focusing on -- today we are focusing on both, always fair, always balanced with top
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republican congresswoman kathy mcmorris rodgers on gas prices hitting $5 a gallon for the first time in the history, and bill barr on something he told january 6th committee and with our very own lucas tomlinson at white house on a president fending off attacks, it's that '70 # inflation show all over again, and he is the not too happy star. welcome, everybody, i'm neil cavuto. happy weekend to you. let's go first to my buddy lucas on how the administration is handling all this bad news on prices. >> reporter: well, neil, the labor department issuing a brutal report yesterday saying that inflation is getting worse, not better. the average cost of goods up 8.6% over a year ago. now, president biden speaking in los angeles in addition to blaming putin, he's blaming exxon for the skyrocketing prices. >> they have 9,000 permits to drill. they're not drilling. why aren't they drilling? because they make more money not
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producing more oil. the price goes up, number one. and number two, the reason they're not drilling is they're buying back their own stock. exxon made more money than god this year. >> reporter: early this morning aaa said the nationwide average for the price of regular unleaded gasoline crossed the $5 threshold for the first time in american history. in california the average cost of gas is nearly $6.50, neil, and as this chart shows, the price of gas has soared across the country, the president's popularity has declined. the chairman of fedex once told barack obama his popularity is always tied to the price of gas, it's thing happening -- it's the happening again, neil. it's the fastest pace in more than 40 years. inflation now costing americans an extra $460 a month according to analysts. gas is up nearly 50%, airline tickets nearly 40%, used cars and milk up 15% in addition to
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the a baby formula crisis nationwide, the price of baby food is up 13%, and monthly rent is up 5%. for months the biden administration, neil, has said this is a transitory the problem, this inflation problem. but president biden reportedly at a democratic fundraiser last night admitted that inflation's going to be the here for a long time and, actually the, these prices are only going to go down gradually. neil: all right. thank you, my friend, i think. lucas tomlinson at the white house. let's go to congresswoman kathy the mcmorris rogers, ranking member of the house energy and commerce committee, very influential among republican leadership. congressman, very good to have you. thank you for coming. >> thank you, neil. it's good to be with you. neil: you know, the administration went after exxonmobil as you know saying these oil giants, their stocks are hitting off-time -- all-time highs, and it's their fault, not his fault. what did you think of that? >> well, it's clear since day one president biden has been implementing an anti-american
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energy agenda, and certainly he's tried to shift the blame, he doesn't want to take any responsibility for how his policies are adding to higher prices, energy prices, gas prices now as you just reported hitting $5 a gallon on average across our country. these are the highest prices ever. this is really the worst energy crisis that we've seen since 1973, and he's very quick to try to shift the blame. but since day one he's made it clear, he's been implementing an agenda that is anti-american. he canceled the keystone the pipeline, he's been canceling and delaying other important energy infrastructure projects. you know, a few months ago a he canceled all of the leases in alaska and the gulf coast, the gulf of mexico. these are policies that send a clear signal to american energy producers that he's not interested in that. and at the same time the, he can, you know, he's shutting
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down nuclear plants and coal plants and continuing to promote his political agenda which is wind, solar and electric vehicles for people. neil: you know, congresswoman, he does say, and this is an argument you hear a lot from democrats, that oil companies are sitting on better than 9,000 permits, leases that that they're not tapping. the truth of the matter is there were double do number of -- the number of those a little more than a year ago, so they are taking advantage of some of them. but some of them, you know, don't look promising. but that doesn't get to the american people. but he is saying look at how much money they're making, look at what they're doing. is he winning or do you fear he could be winning the pr war on? >> well, what we've seen from if president biden is that he's going to dictators asking them to produce more. he's gone to opec which includes russia, venezuela, saudi arabia. he's going to those countries asking them to produce more rather than actually working with american energy producers. you know, it wasn't that long ago that they were -- they had
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record losses. and today -- i just talked to an energy producer yesterday who was walking me through the challenges of trying to get his permits, their permits from ferc. and it was things like, you know, needing to have a different parking lot because he had 3,000 employees, and they want -- and they were willing to bus in the employees to this plant, but yet the ferc, which is under the biden administration, they have to, they do the all the permits for environmental impact, was telling them no and slow-walking them. this is just one example of many where the administration has sent a clear message to our energy producers that, you know, they're moving in a different direction. we need to flip the switch. we need to unleash american energy. and i have have legislation, i've been working with bruce westerman who's the lead on natural resources, which is the american independence -- american energy independence act
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which would approve the xl pipeline, other pipelines. it would flip the switch on the leases both offshore and on federal lands. it would send a clear message to american energy producers that we are committed to american energy independence as well as the importance of energy when it comes to national security -- neil: to your point, it's a slow go. on the other side to find agreement on that. congresswoman, i'd be remiss if i didn't mention the january 6th prime time hearings this week. a lot of your republican colleagues say it's an attention shift away from some of these real problems you alluded to. but do you think there should be a reairing of what happened, a sense of how it happened on that fateful day? the capitol was storm thed, after all, the first time we'd seen that since the british stormed the capitol back in 1812. did it warrant, in your opinion, the kind of thing we're seeing now in. >> i have, i have condemned these attacks multiple times, the attacks that happened on january 6th.
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unfortunately, this committee is not set up to get the facts, the truth of what happened on january #th. and that's unfortunate that it's more about the story that the democrats, that biden wants to have, that nancy pelosi. we should be focused on why wasn't the capitol more prepared? why wasn't the capitol prepared on that day? and, unfortunately, speaker pelosi has not been cooperating. she hasn't turned over -- neil: you talk about not being prepared, i get that, but former president trump agitated those protesters and brought on that attack. >> we need to get the facts, the truth -- neil: do you think that the, congresswoman, yourself? >> that trump what? neil: precip ate thed that attack -- precipitate thed that attack. >> you know, i think there's questions that need to be answered, but unfortunately this commission, this committee has not been set up for success. it hasn't -- it's not a true
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bipartisan committee that's focused on seeking out what is the truth, what are the facts of what happened on that day. president trump and what his role was in, on january 6th. and so that's where with i think that this committee is just not set up to get those, get the truth. neil: got it. all right. kathy mcmorris rogers, washington republican, ranking member of the house energy and commerce committee. thank you,man, very good seeing you. want to pick up that same theme with bill barr, one damn thing after another: memoirs of an attorney general, really is a great book. it's always a pleasure to have him. attorney general, very, very good -- >> hi, neil. neil: -- to see you. >> good to see you. neil: a point i was raising with the congresswoman, and that is whether you believe these hearings are justify or trumped up, no pun intended, against the former president, it's likely in a couple of weeks they will seek
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criminal indictments to key players and maybe even the former president himself. how do you feel about that? >> well, i haven't seen anything that makes me think the prime minister committedded a crime. what's come out so far has generally been known before. there were a few things that were new. but i do think there are legitimate areas of inquiry, but i also agree with the congresswoman that this isn't set up as an optimal mechanism for getting at the truth, and there is, obviously, a big political overlay. but, you know, i think it's legitimate to explore whether or not there was a plan to use violence to stop the vote. and if there was a plan, was the president involved. i haven't seen anything up up to now that makes me think he was, and i personally doubt it. but i think that, those are legitimate questions. and the other question is more of a political nature which is, you know, did the president stand the by for hours while the
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capitol was under attack and kid the nothing and made the comments that were attributed to him about the vice president. i think that's a legitimate area of inquiry. neil: all right. attorney general, you know, you have -- the your comments to that committee, i don't know if they came back to haunt you, but they were replayed to remind the world that you had not agreed with president trump at the time that the election was rigged. i just want to replay this testimony for those who might have missed that. this is from your remarks to the committee. >> i did not agree with the idea of saying the election was stolen. i didn't want to be a part of it. >> how'd that affect your perspective about the election? attorney general barr made that statement? >> it affected my perspective. i respect attorney general with barr, so i accepted what he said, was saying. neil: as you know, attorney
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general, president trump responded to that saying of his daughter, ivanka trump was not involved in looking at or studying the election results. she had long since checked out and was, in my opinion, only trying to be the respectful to bill barr and his position as attorney general. by the way, he added in parentheses that he sucked, referring to you. what did you think? [laughter] >> well, i considered the source. that wasn't new, neil. on december 1st i made a public -- neil: no, i remember quite well. you're right -- the sort of stirred up the whole thing. >> yeah. and just to remind people on december the 2 22nd before i left the department, i had a press conference and i made the same point, and then i obviously went over some of the details of my thinking in my book. so it wasn't new. but i think, you know, the president's response is something i would expect from him which is, essentially, ad
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hominem attacks. neil: so if he were. to judge running again for president, do you think these hearings, prime time or otherwise -- there are a few more, i don't believe there's the any more in prime time -- could dissuade him of that or should dissuade him of that? >> well, i don't necessarily think it's going to dissuade him of it. i think, you know, he'll make his decision, and i think he probably right now intends to run. but as i've said before, there's a lot can happen in three years, and part -- or two and a half years, and a lot of it could involve this episode. in fact, i think i said at the time, i said on january 6th that hi -- i thought the his behavior was shameful. not because i felt he legally incited the riots, but he was largely responsible for directing those people up to the hill with the idea that there was something that could be done to turn things around and to stop the steal.
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neil: now, he still feels that way, many others -- including, apparently, his daughter -- don't feel the same way. where do you think this whole thing goes, attorney general? i mean, we talk about whether democrats could succeed in filing criminal charges and all of that, but where realistically do you think all this goes? >> well, first, you know, i think the justice department will make its own decision. i don't think they will be influenced by what's going on on the hill or pushed to do something. i think the department would want to have real smoke gun evidence -- smoking gun evidence of complicity and a plan to use force before it went after a sitting president, i mean, a former president of united states. so i think that's, to me, unlikely unless there's some real smoking gun evidence that is produced. i think the net effect of it will be political, and i think it could hurt the president a little bit on the margin. but i think people have
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generally picked what team they're on as regards president trump, and this may not really have that much of an effect overall. ing. neil: all right. attorney general, thank you very much is. one damn thing after another is the book. he kind of spells it out, his own experience in the white house, but it is a fast realize, a very is, very good read for father's day and fathers who don't, not necessarily get into the political stuff, he goes way beyond the political sufficient. very good book. very smart fellow. all right, so where do these hearings go, a lot more attention to the economy. that is what's gripping people, and right now they don't like the grip. that ancient roman c? no, he's seizing the moment with merrill. moving his money into his investment account in real time and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. with best western rewards you get rewarded when you stay on the road and on the go.
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>> reporter: hey, good morning, neil. nice to see you. here in las vegas the heat is on when it comes to the u.s. senate seat. the gop hopeful for the gop nominee is making the rounds today fresh off a big endorsement from former president donald trump and a big show of support from his son, donald trump jr., last night. >> if they tell you they're doing all these things, you find out that they do nothing, you get the result, look what i did? he actually put in the work, he put in the time, right? the that's why we're here, to help a slate of candidates my daughter father's endorsed to be able to get d.c. and take back the swamp. >> reporter: so he's still leading against retire thed the army captain sam brown, the winner of that gop primary will likely go head to head with
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incumbent democratic senator katherine cortez masto to. really the top two issues for voters that we talk to here who wonder if anyone in washington is actually listening to them. >> well, i drive a big duallie truck the over there, last time i went to the truck, it was clash 195. it used to be 80. >> we knew this was going to happen when we kept giving money out. >> 8.6% inflation. here we're 12%, and we know that's higher, right? everything we're purchasing is just out of this world. and what's the response to this -- from this administration? go buy an electric car. >> reporter: so, neil, early voting ended yesterday here in nevada, and really another
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interesting point, a challenge for democrats here is that a growing number of registered democrats are unregistering. they did unregister ahead of this primary to the point are where where now unaffiliated, those independent voters are now the majority statewide. it's really incredible to see here. neil? neil: yeah. it's getting heated all the more. not just the regular physical heat you're no doubt feeling, aisha, thank you very much. well, you know, they're called the safest of blue states, california and new york. i think in california last time a republican won was george bush sr. back in 1988 in new york, ronald reagan in 1984. but could that change this go round? why the former republican governor of new york says it's about to, after this. kitchen? sorted. hot tub, why not? and of course, puppy-friendly. we don't like to say perfect,
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muck measure. ♪ >> that observation that blue states could go red this year is absolutely true, and i think it's the case in the new york. you need a number of things. one is you need people having a sense that the state is heading in the wrong direction, and you talk to anybody in new york, there's the overwhelming sense that we're going in the wrong direction there. it's democrats, liberals, it's everyone, which is what you need. and the second is you need an incouple went democrat -- incumbent democrat that the voters are questioning whether or not she's up to the job, and i think we have that as well. neil: so could it happen? after the tumult in the california primary that took out a san francisco d.a. considered to be soft on crime, overwhelmingly rejected by voters there, they already seem to be setting their sights on the l.a. district attorney, fast end cone. all of this at a time when --
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gascon. all of this at a time when support for democrats seems to be waning. in the year's election for the first time since george bush sr. and ronald reagan, a republican, grabbed those states. could that happen? what do you think, elliott? a lot of people keep talking about it, republicans every four years keep pushing it, but it doesn't happen. is this time the time it does? >> i think it would be a little optimistic to say that a republican still has a chance of winning a state like california, but for sure there is a space opening up for more moderate democrats, you know? one of the l.a. may mayoral candidates is a former republican who just registered as a democrat this past year, and he won a lot of support in the primary. so there's space for candidates like that who are able to bridge the divide and appeal to people on both sides of the aisle because voters are so fed up with the leftist policies destroying their cities.
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neil: i don't know whether it's the crime or high prices, but people are in a sour mood, and tradition the tells us hay usually take it out on the party in power. i'm just wondering if it goes beyond the midterms. i know you guys study this, look at focus groups and the rest. is there a sense that it lasts beyond midterms? because often times it doesn't. >> yeah. it definitely depends moving forward on what cities do policy wise. obviously, san francisco just recalled its district attorney, so whoever gets in there next, if he implements policies similar to the ones that voters rejected before, the discontent is going to continue. the root of the issue is a fear for their rights. people should not have to live in fear of walking down the streets safely. they should be able to wake up the next morning with their car still in the driveway, and voters in san francisco literally do not live like that right now. that's really the root of the issue here. neil: so when republicans step back and say let the democrats
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implode, let them screw this up, do the they risk anything by looking like the party that's pointing the finger? >> perhaps, but republicans are really the ones who are offering common sense solutions. you know, prosecuting the quality of life crimes in san francisco that buy keen refuse -- buy boudin refused to prosecute, those are things that voters want, hay expect, and republicans right now are the only ones really offering those. neil: and, you know, this is the time. if you're the opposition party and things seem to stink economically, it's advantage to you. so you sort of run out that clock. kaylee mcghee white, good seeing you again. you know, i call it 40-year itch or something else that rhymes with it that people are in a nasty mood. but it's interesting because debt to retail inflation numbers that we had 40 years ago, consumer sentiment numbers the lowest they've been since about
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40 years ago, cost of living increases planned for social security, the highest they were since 40 years ago. meat prices the highest since 40 years ago. and gas, the highest in 40 years. what is it about that 40-year thing? because all that's coming back. i just hope leisure suits don't follow. after this. ♪ ♪ money, money, money, lots of money, in the rich man's world ♪♪ great reasons why you should use your va home loan benefit to take cash out of your home. the newday 100 va loan lets you borrow up to 100% percent of your home's value. with today's rates near all-time lows and home values at record highs, you can take out $60,000 or more and lower your payments by $600 a month. the newday 100 va loan. only from newday usa.
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♪ neil: it's called shrinkflation to deal with inflation. not necessarily rising the price of goods that you're wanting to buy, but getting them in smaller packages so you actually are paying more. anyway, it's a weird trend that's going on right now, and everyone can see it. lydia hu, for herself, at a grocery store. lydia. >> reporter: neil, these companies are charging same price, but they're offering less product. it's called shrinkflation, an age-old tactic companies use to maintain their man injure -- margins. >> we're also going to see downsizing of products. that is way for them not to have to raise the price, not to give us that sticker shock that the retailer's very concerned about. >> reporter: detergents, even coffee it seems, packages are
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getting smaller while prices stay same. according to consumer world, honey buns of oats shaved 2.5 ounces or 17 percent of its volume off of its box. folgerss coffee shrinking by more than 14%. haribo candies dropping from a 5-ounce bag to 4 ounce, and angel soft toilet paper going from 425 sheets to 320. kleenex and doritoss each offering less now while keeping their prices the same. i spoke with grocery shores around new york city to ask whether they've noticed. some have, some haven't, but all universally don't like it. >> it's completely unfair. >> i haven't noticed, no, but i'm sure i'll pay attention now. >> the it bothers me. it's very annoying, but you've got to deal with it. >> if it shrunk, people might say -- i think costs are rising for everybody. >> reporter: easy to
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understand why companies are shrinking their package sizes now, because of inflation. their costs are going up. but the tough part for consumers is that usually once the company shrinks that package, very rarely does it go back to the original larger size. neil. neil: yeah, unshrinking is never a trend. thank you very much, ya hu, on all of that. the read on this with gary kaltbaum, steve moore. guys, thank you all for coming. katherine, ended with you, begin with you. this idea that once shrinkflation starts, it doesn't get to expanding again. so no matter what happens with prices, we might have to get used to this. what does that tell you in. >> that companies are having a lot of trouble, neil, keeping paces with inflation and passing on the rising costs. so they're doing what they can to keep their profit margins without having to impact too the adversely the consumer. the fact, neil, is that the consumer's already impacted. we're seeing 8.5% inflation, 20%
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in food and energy costs, and real wages are are negative. so the consumer's already feeling the pinch. imagine on top of that, as in my house with my five children, you open up a pack of oreos, and it's half full. that happened last week. so certainly this is something that i think your reporter is right, it's very hard to go back to refilling that package. it kind of reminds me of government power never waste a good crisis, you know? it's very hard for the government to rescind or return the power to the people after it's taken on so much, and the same thing with government spending, you know? government spending has been out the wazoo. we have 1 the.5% fiscal -- 12.5% fiscal deficit, that's never getting retraced, neil, never. that's just become a massive social spending. all of that's inflationary, so inflation -- everybody, it's not going anywhere. it's sticky, structural and here to say.
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here to a stay. neil: allowing the kids to open up the cookies, not scarfing them myself. [laughter] that's a whole other issue. steve moore, let me get your take on where this goes because now we're looking at an 8.6% annual inflation rate, a losing week for the dow yesterday, the 10th or 11th that we've seen. obviously, this was a jolt to the system. it's not slowing, quite the opposite. what do you make of it? >> well, by the way, neil, i've noticed that they're putting a couple extra ads in your show, and so we get less neil and more his thing. [laughter] neil: which is just what the viewers want, as i point out. >> yeah, exactly. i want more neil. this is a crisis now, there's no question about it. the inflation is getting worse, it's not getting better. that report that came out yesterday, if you put that in an annual basis, you're talking
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about 12, 13% inflation, not 8.a 5. so all this idea of it being temporary, transitory, that it was going to be -- that we had peaked inflation, it doesn't look like we're there yet. and i do think one of the other big concerns is what has happened with people's 401(k) plans, their savings have evaporated. we've lost about $10 trillion of wealth over the last three or four months, and that means not only can people -- are the prices outpacing people's paychecks, it means now people are having to dip into their savings, their 401(k) plans to pay their bills. it's a very precarious situation. and the answer to your question, by the way, neil, about what happened 40 years ago, 40 years ago ronald grain was elected president, and within a year and a half, inflation was gone. neil: well, of course, he had the help of paul volcker, the federal are reserve chairman, at the time raising interest rates one full point ott -- at a time. gary, you've been warning about
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the inflation thing for quite some time. the federal remeets next week -- reserve meets this week. we're hearing more talk of why not three-quarters of a point to get really ahead of this thing. what do you see happening? >> look, i think it should be one point to get ahead of it, ask they'd still be behind. look, part of this is not just what you do, it's sending a message to the country, it's sending a message to business that you are dead serious about attacking this inflation. and, neil, a year ago we started noticing the shrinkflation in a few products. it's like everything now. and also just, it's that bad. and the fact that nobody's really doing anything about it, the fact that they're so behind curve, the fact that janet yellen this week said i'm not worried about recession when you have mortgage applications dropping through the floor, you have savings rates plunging, you
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have credit card usage skyrocketing, and globally we've lost $30 trillion of wealth in bond and stock market, i don't know how we not go into recession. and the worst possible scenario is a fed having to tighten, forced to tight when they're in this situation. normally, you'd be printing like heck right now during this situation. so very worried here. i don't think i've seen a backdrop this bad going forward in a very long time. neil: you know, you might be right about the bad backdrop can, and i'm not trying to be a polly ann a that about it, katherine, but i'm looking at these strong airline bookings, record bookings right now, back to pre-covid levels. looking at the hospitality industry the making money hand over fist, very expensive resorts. i get that after covid, people want to break out and maybe this can't be sustained, but it's the eye-poppingly obvious right now, restaurants are booked solid. so are we missing something here? is that very strength being
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underappreciated? >> that strength is fantastic, and it's resilient, but we shouldn't expect it to last forever. there's something called the wealth effect. we've seen s&p drop 15%, housing prices starting to slow down in terms of their double-digit impressive expansion annually, and the consumer has negative real wages which means that inflation is outpacing the increase in his or her wages. so the combination, i think, of the negative wealth effect, knell regular -- negative real wages, consumer confidence is dropping precipitously, and combine that with the tightening financial -- when you look at 30-year fixed rate mortgage, that's even topped above 5%, 5.5%. so financial tightening conditions have a lag effect, and we should expect that to start to adversely impact the consumer over the course of the next coming months. so, yes, the consumer has been resilient. don't expect it to last forever,
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and i would add to it the fact that the as a i think it was steve the said, savings are dropping. so, yes, guys and gals are spending more, but they're spending more because things cost more. so when you see savings drop, the thing that concerns me right now i think recession is inevitable, part of the economic cycle, but a rollover in the labor market is most on my mind because that would bring forward the recession. if we see a jump in unemployment, if we see corporations that say, you know what? demand is slowing down, i don't need that two for one, you know, the federal reserve says there's two available jobs for every one unemployed person, get out and find a job, if that drops, recession -- neil: all bets are off. right now my wife can't handle, she can't keep this buying going a alone. she's going to the need help. [laughter] steve moore, let me ask you about this environment here because if the federal reserve were to up the ante, start
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upping the increases, keep them going through the remainder of year, i was factoring many we'd probably get to a bank lending rate around the 3.5% range. it's got to generally mirror whatever the inflation rate is, so it would still be well south of where it should be. so if the fed were to try to match that, wouldn't that drive us into at least a slowdown? likely a recession? >> i agree with the others that the fed has been way, way too slow, way behind the curve, and they have to raise interest rates a lot more. but that's not the only thing that has to happen here. the reason i mentioned reagan, you're right, paul volcker came in and lowered those rates, but remember what else a happened, neil. what did reagan do? he cut regulation and reduced tax rates. and what that did was increased the supply of goods and services. so, you know, you need to, obviously, reduce some of the demand, but you also have doing crease the supply. so -- to increase the supply. when you hear democrats talk about the raising taxes, more
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regulations, more of the war on american oil and gas, those are contributing factors, major contributing factors, to the inflation -- neil: all right. gary, real quickly, can the fed orchestrate this? because they're the only game in own, if you think about it. what do you think? >> the no. again, i hate saying in the, but you already have rates the two years above 3%, the market's already doing that job, and you are see the urge -- the numbers in droves that are going up. the wrong things are going up. just everything's wrong at this point many time, and just playing catch-up at this point in time, and that's the shame of it. neil: all right. well, i lost my appetite for lunch. [laughter] you did the trick again. [laughter] very good talking to you, guys. by the i way, gary's referring to the 2-year note, a closely watched barometer, it is back over 3%, better than a 5-year high. a lot of people think this is a preview of rates going still higher. does that lead to the slowing
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neil: all right, we were talking about prices heating up, what about the actual temperatures? in the southwest they're looking at tripping digits across the swath after heat. it is hot, and it's getting ridiculously so. craig herrera with more from fox weather. >> yeah, neil, you talk about heat. it doesn't matter if it's dry heat or not, it is excessive. went we're talking about these -- we're talking about these excessive heat warnings over a good portion of arizona and into california. this is the first time in the eight months we've had this where the numbers are going to be 10 degrees above average for this time of year, downright hot right through the start of the workweek as well. we're going to carry a lot of that heat over southern new mexico, right over a good portion of texas. so several days where where the numbers are going to be into the triple digits. it's day after day after day
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that you really start to feel the effects on the body. meantime, highs today today from sacramento right down through the san joaquin valley, 100 degrees or so. las vegas, 1 so. -- 110. phoenix at 114. yeah, their temperatures are usually about 102, 103 this time of year. take the heat all the way over into albuquerque, denver, midland, texas, 106. albuquerque, about a mile above sea level, high desert still dealing with temperatures close to 100 degrees. as we go into sunday, the heat starts to expand and remains right over the desert southwest and into the southern plains. texas just has that grip. meantime the, we've also been talking about dry conditions over a good portion of the desert southwest. it is going to be dryies it is going to be windy yet again as we go through the day tomorrow the especially over arizona, new mexico, colorado, utah and right into nevada. so the four corners dealing with hot conditions and cry the conditions as well. neil, my family -- i grew up in
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santa fay, they've been worried. mom says air quality's terrible out there, so it has been tough, and the heat continues. it'll expand into the southwest as we go through next week as well. neil: that's wild stuff. craig herera, thank you so much. we'll have a lot more on what's going on. it hasn't been saudi arabia hot. well, that golf association that they have formed -- they're not playing in saudi arabia, but they are aggravating folks the world over who have anything to do with the pga. we're on that after this. ♪ ♪ only at vanguard you're more than just an investor you're an owner. that means that your priorities are ours too. our interactive tools and advice can help you build a future for the ones you love. that's the value of ownership. ♪
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♪ neil: they say money talks, but when it involves saudis, it practically screams, especially with the hundreds of millions of dollars they're doling out to iconic golf figures, phil mickelson, dustin johnson, 17 by last count, to establish a beachhead in the world of golf. a tournament just wrapping up in england that's going to go the world over, and right now the pga not too pleased and saying of those 17 players who have signed up, you are not welcome here. jim gray joins us right now. the latest book, stories you've never heard. jim, good to have you. how much of a threat is this the league to the pga that they respond way they've responded? >> i think the they think that it is a very big threat, and i think that they think it is going to upend golf and cause major disruption. these guys are playing for $4 million this weekend, the
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three-day tournament, and they will start their tour. $4 million to the winner and $25 the million purses. so the guy who finishes last place gets $120,000. you miss a cut on the pga tour, you don't get a penny. so it's all about the money, and just for example, $2.7 million went to the winner at augusta national at the masters, so the money is outrageous. neil: that's obviously an appeal, but can the pga say when it comes to our events if they have ownership, you're no longer welcome? where is this going? >> the i'm sure it's going to courses all across the land and around the world. i'm sure that somebody's going to file an antitrust suit against the pga tour. pga tour has contracts with these guys. they earn their cards, and they have the right to take them away from them. the players who have signed up for the liv tour knew that they were going to be the banned, it had been threatened by jay monaghan, the pga tour
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commissioner, and he has followed through with those suspensions. how long they are, he has yet to state. neil: let me can you, jim -- ask you, jim, about where this goes if the pga, you know, and this saudi-led league get in this tussle. where are players in this? some accept the money and take their chances, others like tiger woods turned their nose at nearly a billion dollars. so how is this breaking down? >> well, it's sports watching by the saudi government to hide all of their human rights abuses, and they attempted to do this in boxing and soccer and auto racing, but now they're attempting to take over an entire sport. so it's a big, big difference. a lot of guys have turned it down. rory mcilroy, justin thomas, jordan can spieth, tiger woods. they've said, no, we don't want the money. we cocare and have some standards about where this money
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is coming from. these other guys figure that the, you know, it's just so much money, they're going to make a ton of it, and they're washing their hands of it. they don't care where it comes from. forget about all of that. neil: jim gray, thank you very much. we'll see what happens. in the meantime, what's happening on the border, it's getting hot, it's getting nasty, and right now that caravan could be getting bigger. luckily they've all got chase. smart bankers. convenient tools. one bank with the power of both. chase. make more of what's yours. ...
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>> president biden wrapping up this summit of the americas gathering. it happened this week, but without the president of mexico so a lot of people said it was a waste of time. potentially maybe not, we're getting word that the mexicans to deal with those going through their country to our country, offering work visas and the like. whether that's going to affect the total migrant caravan when it gets to the u.s.-mexico
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border. it's breaking up a little bit. whether that has anything to do with it, i don't knowment if anybody knows, it would be bill, and i hope i will pronounce it correctly. >> you certainly did. and over at the border, the rio grande valley sector in just the last 24 hours alone, 1,347 illegal crossings, as well as 123 got-aways. it's the got-aways that law enforcement want to focus on. we embedded with texas dps hunting for runners. this is a camera hit showing two runners moving through drainage systems in the area. they will do that in an effort to an evade law enforcement, but didn't take long to find the runners, take a look at this video right here, in pre-dawn hours before the sun was up.
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this was a small group of runners we encountered arrested by texas mortgages as well as border patrol. they're handcuffed and all young men. these are not asylum seekers, they're actively trying to evade law enforcement and get deeper into the united states. another group of runners, exact same thing, young guys, know the turning themselves in, that's why they are handcuffed. actually interesting part of this group, there was a man who spoke perfect english from el salvador who told he's a dreamer. he was born in the united states when he was nine months old and grew up here, committed a crime and removed from the country and trying to get back into the u.s. and he got caught and likely be removed via title 42. certainly aren't just runners in the rio grande valley. if we pull up this video, fox news went back to the big ben sector, in west texas,
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incredibly remote, deadly, dangerous, hot terrain, almost like a martian landscape in the middle of nowhere. dps were hunting for runners in those neck of the woods up on a cliff under a big boulder we came across a group of eight illegal immigrants and some of them wearing camouflage, every time we go tout there, it's stunning, truly in the middle of nowhere, sometimes dozens of miles inland from the border and these migrants will walk through that extremely difficult terrain in brutal temperatures because they simply do not want to be caught. and back out here live, neil, we talked about the big numbers in the rio grande valley sector, in the last 12 days more than 18,000 illegal crossings just here in this sector alone as well as more than 1500 got-aways. and again, this is one single sector along the border, back to you. neil: to follow-up on what we were talking about at the
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outset, bill, this mexican government move to offer work visas, from the south, guatemala comes to mind. is it putting a dent in it. how can it characterize it? >> it is. the caravan started in south mexico and 10 and 15,000 strong. once the mexican government started giving them work visas, humanitarian visas by the thousands and that meant that the caravan started breaking up. >> it's no longer one big block of more than 10,000. once they get the visas, the migrants are able to travel freely throughout mexico and they can get on buses and mexican citizens can give them rides, they can get on trucks, so it's no longer 10 to 15,000 people just walking in one mass up to the u.s. border, now they're splintered up trying to get rides where they can get them and eventually they will
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get to the u.s. border, where and when remains to be seen. neil: got it, thank you, bill, very very much. he was following that before anybody else was. for bill it's not a right or left issue, it's a big issue and we have to address it. and my next guest agrees with that, a mayor, and warning the biden administration that they can't handle bigger crowds. the democratic mayor of laredo, texas. very good to have you. >> yes, good morning, neil, for having us. where does it stand right now. the mexicans surprised a lot of people, certainly the biden administration, i think, by even though skipping out on this americas summit, offering some help at least with this caravan. what are we to take from that, mayor? >> well, i think we definitely need mexico's cooperation. mexico's our neighbor, we're number one land port here and
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we do over $250 billion worth of trade. so, aside from trade, border security is very important to all of us in our nation and our city, as well. so we need that collaboration with mexico and if mexico is not willing to cooperate and apparently by the president not appearing at that summit of the americas, i mean, that's an indication that things aren't working well and we need them to work well, you know, to truly secure the border. and when and where this group is going to end up at is really the question. historically here, neil, here in the laredo sector, we don't get the family units. we do get those single adults, evading border patrol and that's very concerning to all of us, me in particular as a mayor of a border city here. what that does is it translates into these stash houses.
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laredo sector is known for stash houses. and the folks who come here will be in stash houses and transported in trains, trains, even dump trucks and put the migrants at risk and puts our resource toss a greater task and that's the police department. they respond, along with our state agencies because border patrol doesn't have the people to patrol the border. you know, i was recently told by the border patrol folks that -- the border patrol personnel are tasked with patrolling the border the other 30% are at check points on the highway and 60% are used at a processing center we have locally south of our city and that's the use of their personnel although they've been getting some operational people there in the
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processing center, it's not enough. so that means that the local and the state people have to cover for the border patrol, and when i say cover, i mean those that are actually seen and detained. there's that growing number of the unknowns, neil, of people that truly get away, the get-aways. so it is an issue, it's a problem, it's been ongoing, although we hear from the biden administration that they are prepared for whatever comes to a border, that question remains to be seen and to be tested. i just hope if and when the numbers do get here, somewhere, because i know they're eventually going to get and hit the border, that we are prepared for that because it is an ongoing problem, neil. >> it is indeed. it sound like you have your doubts. >> well, there's always doubts. you know, we go on the paths and the path really hasn't been
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too productive and although this time they say that they've learned or should have learned, and by they, i mean dhs and the federal people. so anyway, we remain hopeful and hopefully things will work out this go round. neil: and i know you're the first to say it's not a left or right, republican or democratic issue it's alarming and trying to rise above the politics and see what happens here. >> i am an independent conservative and, yeah, i vote democrat sometimes, but i also vote republican. neil: there's a concept. thank you, sir, be safe, be well. in the meantime here, some good news that could be interpreted as problematic news if you're flying, this means planes are going to get more crowded than they are. the u.s. is going to be subs spending its c.d.c. testing requirement for travelers coming into the country. the arms are welcoming this
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development so it's going to mean booming business for them, maybe more headaches for you with crowds in airports and on planes, and so many people are itching to get out and enjoy themselves and fly, and maybe won't be an issue at all. let's ask the travel zoo editor who follows this closely. gabe, what does it mean for an industry that's already booming? i guess it's going to boom some more. >> and this is the last major hurdle. another hurdle is pricing. probably the next hurdle that will keep people from deciding to travel by air. the fact of the matter, this is the last hurdle to get people enthused travelling abroad coming back, the anxiety, not am i going to get home, not am i going to get sick, but am i going to get sick. -- get stuck. and you're right, the system is
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already at capacity, it's already strained. so, again, we were already expecting, yeah, cancellations and delays as part of the travel picture this summer. that gets compounded a little bit. will that keep people from travelling? i think the answer is no. we'll contend with a busy summer over the next couple of months. >> i still notice all regions of the world seem to see a pickup in in travel activity and that's not too shocking, but asia isn't benefitting. i'm just wondering what's going on there, because china and the on again, off again problem with the zero tolerance approach to covid. beijing kind of relocking things down, not across the country, but in various regions. and shanghai disney, i believe, is reopened, but not all of it reopened. what's behind that? >> yeah, the reopening definitely clunkier if you look toward asia, and neil, right now, the darling for american travelers is europe and it's
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going to be popular with folks looking to travel to mexico or the caribbean. travel to asia out of the u.s. down, and clearly there's a gaping hole there. we're already seeing some substantial values some places in southeast asia, for example. people looking to travel to places like indonesia, vietnam, and perhaps the south pacific. we're seeing some interest there simply because there's a value that's driven by some pretty gaping holes in desire and in general booking activity as we look toward asia. this is a clungier, slowing bounceback as people continue to sort of navigate a vast array of differing requirements from country to country there in asia and i think most of the energy september into the early part of the fall season is in classic european destinations and i think it will continue with popularity destinations south of the border and in the caribbean. neil: thank you, we'll watch it
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closely. the travel zoo editor. by the way as gape was indicating, it will not only cost you more for airline tickets, but it's gotten so bad in michigan there's a county where if you call 911 they kind of talk you out of it to see whether you need police to come to your house, if it's not really an emergency, can they just talk it out over the phone. i kid you not after this. think he's posting about all that ancient roman coinage? no, he's seizing the moment with merrill. moving his money into his investment account in real time and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. (vo) get business internet from verizon, the network businesses rely on. for you with merrill, ditch cable and switch to verizon business internet, with fast, reliable solutions, nationwide. find the perfect solution for your business. from the network businesses rely on.
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>> all right. $5 a gallon gas right now, but how much higher could it get in the very near future. alexis mcadams following it all in new york city. >> hi, neil. it's a question a lot of people don't want to answer because there's not really any relief in sight according to triple-a and other experts at this time. you can see behind me here in new york city about 6.50 a gallon for regular gas and this historic national average is coming at a time when it's
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already busy for drivers, right? for the past month it's not a surprise because, boy, have the gas prices been climbing. take a look at your screen and this is what we found out so far today. the first time ever, the national average for regular gas hits $5 a gallon and that's up about 60 cents just from last month. and now, drivers are paying nearly $2 more a gallon than we were just last summer. >> this is the first time i've seen over $5 and this is $6 and 3.9 cents a gallon. >> right now, california, nevada, alaska, illinois and washington have the highest gas prices in the nation. california sits at about 6.43 a gallon and illinois up there at 5.56. >> this is definitely shocking. so that's shocking. that's the most expensive i've ever paid for gas ever. >> gas prices are always more expensive in the summer because
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demand for fuel definitely spikes because people want to hit the road and go to their summer homes and enjoy the weather. this year they're pointing to global oil prices on the rise and the pandemic recovery. and back here we don't have to tell you it's not just gas that people are paying more for, for fuel and everything because we're facing some of the highest inflation rates we've seen. >> thank you so much for that. alexis mcadams with the run-up across the country. there's no place to hide and don't they know that in michigan. garrett tenney on a practice there, people are raising their eyebrows, you've got to be kidding. >> when isabela county approved the budget back in september gas prices in michigan 3.40. nine months later, more than 50% higher. as a result, the sheriff's department has been tearing through their gas budget and now having to make some
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changes. in a facebook post, isabela sheriff's department is feeling the pain. and called for the deputies for calls over the phone, non-life threatening calls, that do not require evidence collection or documentation. the deputies will continue to patrol all areas of the county and respond as issue to any calls that come in about crimes in progress, but the goal is to have anything that can be done over the phone handled that way for the next few months until a new budget is approved. today the average gas price nationwide again set a new record high for the 15th straight day. neil. neil: incredible. all right, garrett, thank you very much for that. all right. when some teen usa gymnasts point their fingers and lawsuits at the fbi, to the tune of a billion dollars. what they're up to and their chances for success after this.
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>> we are getting more video and details from gwinnett county georgia where last night a deputy was shot following a police chase. more than 40 patrol cars surrounding sweet water road in gwinnett county after a deputy k-9 handler was shot late last night. police are saying it happened around 5 p.m. in lawrenceville, georgia when they tried to make a traffic stop, but the suspect in the car took off, the chase ended around the apartments at sweet water road when the shooting started. police are still cord cordoning off the area and it's a big, big megs. we don't know much more than that, but if we'll get more details on this, escalation of violent incidents we've seen
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around the country and this is the latest example of that. in the meantime, another story we're following closely, this unusual lawsuit by 90 former american gymnasts, right now targeting the fbi for mishandling its investigation of former team usa dr. larry nassar, allowing him to continue to sexually abuse many of these women for years and that the bureau ignored this and on and on. and with us, a former gymnast and her attorney. welcome to both of you. >> thank you for having us. neil: maggie, to you first. it's always an up-hill battle to sue a government agency let alone the fbi, but you and your fellow gymnasts believe for good cause. what is it you're claiming the
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fbi botched? >> yes, i was the first one to report larry nassar in 2015 and after i reported usa gymnastics was told that me and my family that the fbi and the usa gymnastics were handle it and we should keep quiet and the fbi was actually hiding my reports and the reports from the other gymnasts and larry nassar was still able to abuse hundreds of girls day in and day out. so, it's just super scary to even think about because we have so much trust in the fbi to keep, you know, our country safe and things like that. neil: well, i notice besides yourself, simone biles, aly raisman, among the other 85 to 90 women who have joined in this. did you all compare notes on this, notice a pattern to this? >> i mean, we talk here and
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there, but we don't really know what's going on behind the scenes and things like that, but we just want to do what's right and hold the people who did-- or who were relying, we want to hold them accountable. neil: you're the lawyer and you know the uphill battle they face. what is the fbi response to the suit? >> so far they have not responded. they have six months from the filing of the claim to respond. while we sincerely hope they finally take responsibility for this egregious failure to protect these women, what will never change is that between the time that they received maggie's report in 2015 and when it was finally reported to the msu police, there were 100 women who and girls, young girls who were sexually assaulted by nassar. all of that could have been prevented if they'd simply done the job that they were supposed to at the time. neil: in reading the suit, the
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charges that nassar victimized about 70 women and girls when the fbi was first told of the allegations, and when michigan officials were later arresting him in the fall of 2016. so, a good deal of time had gone by. maggie, do you know why so much time went by? >> no, do not know, unanswered. i think it was just because usa gymnastics steve penny want today hide everything going on and i know he was meeting with fbi agents behind the scenes and it was just very -- a bad situation, inappropriate situation and i think that they just didn't want to-- everyone to know what was going on with larry nassar. neil: i heard when you were talking about my fellow survivors and i were betrayed by every institution that was suppose today protect us. has anything changed in your eyes since then, maggie? >> not a lot has changed. we were actually last year spoke in front of the u.s.
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senate and we were told they were going to take action against the fbi, who didn't do their job, and that has not happened yet. that was the first time that we were ever told that something is going to happen, but we're still waiting for something to happen there. neil: and being redundant here, but fascinates me there were ample warnings not expressed boo i bright folks like maggie, but a host of others who said, look it, this is what's happening and they failed to act on that. what was the reason and rationale at the time? >> i want to make clear, this was not a mistake on the part of the fbi. the lead investigator, who was in charge at the time, was meeting with the ceo of usa gymnastics about a job opportunity. he denies that, but there's ample evidence that this meeting took place. so this was something that they chose not follow up on and not to report and in fact, if this had been left up to the fbi,
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larry nassar may still be out there abusing women and girlsment he was only stopped because a separate complaint was made to the msu police department and they finally arrested nassar. it's egregious and everybody should be concerned if they have our elite athletes abused and this is chronic sexual abuse and how do we expect survivors to come forward and seek justice if this is how they're treated. neil: all right, please keep us posted on this. we did reach out, by the way, to the fbi on this case and their reaction to that. we have not heard back, but we'll be staying on top of this, ladies. thank you both very very much. in the meantime we'll following developments half a world away in ukraine where if you're thinking that vladimir putin is reining things back, think again. he's already comparing himself to peter the great. now, i don't know whether peter was the one who started calling
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your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. hi, my name's steve. visit indeed.com/hire i lost 138 pounds on golo matching your job description. and i kept it off. golo's changed my life in so many ways. before, i was over 300 pounds. now, i literally have the ability to take a shirt off and go out in the sun where i would have never done that before. try golo. it works. >> all right. maybe it's self-aggrandizing. already vladimir putin is comparing himself to peter the great, you have to go that far back to find a russian leading doing such a great job as peter
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the great, calling himself great. i don't know whether peter did or in history they later looked back, you know, peter was great. he was also cruel and violent, and reforms, that vladimir putin is saying. and steve harrigan is covering how people are reacting in odesa. >> that's right, president putin of russia putting his own spin on russian history time to time again and this time comparing himself to peter the great. one thing to keep in mind about peter, he tried to push russia forward to open a window to the west and it's certainly not what's happening under president putin. in the meantime, in the war in the east, the shelling has really come to a war of attrition with heavy artillery fire on both sides. the problem for ukraine is, that russian artillery is much heavier, as many as 60,000 rounds fired. 60,000 shells every day. ukraine firing back just about 1/10 that amount and they're
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using older soviet era artillery pieces, so, it's going to take some time for western artillery to get on the scene there and for ukraine soldiers to be trained. the refugees continue to arrive here in odesa, more than 50,000 arrived and some volunteers who dropped their businesses to try to help them, many are arriving, simply shell-shocked. >> when they hear that air raid alarm, we don't think about that. but the people from mariupol, they fear. they really, they try to hide themselves somewhere. >> seven million ukrainians have left the country since the war began. the u.n. is calling that one of the largest displacements ever in modern history, neil.
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>> thank you, my friend, be safe. i want to go to a guy we call bob the great. you can call him lt. colonel bob mcginnis, you know, colonel, knowing were you coming on, i was thinking when a leaders refers to himself as one of the more iconic and overwhelmingly well-thought of leaders, peter the great, whether you accept his cruelty or not, he's obviously got a distinctly positive view of himself and his mission, much like peter the great returning russia and expanding russia's influence the world over. what is he up to with these comments? >> well, putin, now, grew up in leningrad/st. petersburg and he probably studied about peter the great in school and of course, the bones of that great empire are still in st. petersburg, a beautiful city.
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putin a year ago next month, neil, wrote a 7,000 piece article, explaining that one, ukraine is not a legitimate country, put together by vladimir lenin and that, you know, he really believed that his calling, putin's calling was to rebuild the russian empire. now, you know, some of us have been saying this for at least a year. the reality is that, you know, he compared himself the other day to peter the great and called into remembrance that, you know, back then peter went off and seized sweden, which had been a part of the russian empire, and therefore, he made the parallel with ukraine. saying that ukraine is not a legitimate country, belongs to
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russia, but that much of eastern europe belonged to russia once as well. we're seeing where he wants to go with it. neil: colonel, you can go back in history and justify any one of a number of countries for having rights to these countries under air own ownership. rowman empire, italy could say they controlled the world. and to england, we controlled two-thirds of the world. this gets ridiculous, doesn't it? >> well, it does, unfortunately, authoritarians are like that, neil. we see the same thing in the east with president xi of china with taiwan and southeast asia and the first, second, third island chains. authoritarians seem to write like this and xi, we haven't been paying attention to what he's been saying. neil: when you look at the war
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strategy of vladimir putin, a lot of telling me it's operation wear them down. they were in the donbas region and then others, and they're losing soldiers every day and russia has casualties and it's wearing the ukrainians to the point of exhaustion. how is that going for russia. >> it's going really better than what was going north of kyiv, when the russians tried direct confrontation. you know, they have what they did with chechnya. they had what they're doing today in the syrians, and so, it's, you know, kind of stand back, use their heavy artillery, which they have a lot, and just pound them and destroy everything, don't worry about collateral damage. now, in response, of course,
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president biden has sent high marks, but that's still weeks away in training, we gave them limited capabilities with radar and they're not going to be able to in time to get enough mass to counter this battery of artillery that's pounding the donbas area. incrementally they'll make gains. and i heard zelenskyy say, they're going to win. if they can keep the russians east of the river. they could call that a victory, but i think we could end up with a stalemate in this battle unless putin continues to mobilize more reservists and somehow he find more munitions, which he doesn't have arguably. neil: thanks.
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there are protests, the biggest in washington d.c. by the washington monument, a lot of this bornfrom pushing for gun safety, and there are about these happening all over the country and the one in washington could have 50,000 attending, but down markedly from what we saw after the florida shooting at that grade school -- middle school i should say, some four years ago. what happened after this. "peace of mind." such a big, beautiful idea. and for us at booking.com this means - free cancellation on most bookings. it's a bit functional. but we'll gladly be functional. so you can be free.
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>> i don't know if we'll see 50,000 here. we've seen a couple of buses arrive with more people, several thousand and the rain might be keeping people away. we're 15 minutes away from the event. we're expecting to hear from gun violence survivors and activists. the last thyme that this held was march of 2018, it came in the wake of the tragic shooting deaths at marjorie stoneman douglas school in parkland, florida. what this does, is push for recent weeks after two different 18 year olds carried out two separate shootings, first at a grocery store in buffalo, new york, and then at an elementary school in uvalde, texas. one woman we spoke to traveled to d.c. from texas and she told us this. i've grown up in a culture of gun violence and it's in my
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social media and textbooks and it's hard to learn it and the past few weeks to have almost 200 separate gun violence incidents, it's heartbreaking to grow up in america right now. >> the victims' family members testified on capitol hill and they, too, called for action. and including raising the limits for automatic weapons from 18 to 21 and it's too large of a package critics say to pass in the senate. and they look at a potential compromise. those discussion points are expected to be far more narrow looking at school safety measures and red flag laws. they're expected in 15 minutes and is expected to be the biggest rally of its kind today in the country. neil. neil: we'll watch it closely. alexandra hoff in washington d.c.
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by the way on the so-called bipartisan gun legislation they're pushing for, forget the house, that's unacceptable in the senate and they'll need 10 republican votes. they're closing in on finding a limit to assault weapons at least on the part of those underage of 21 and across the board, whether that's enough to get 10 republicans on board is anyone's guess, but limit sales to those deemed to be dangerous and not just young. keeping an eye on that and also what's going on in britain right now. not talking about the jubilee. as you know, the brits have brought the world, what, the beatles, "monty python," two great things there. how about the four-day work week? what's going on over there that could also come over here after this. ♪♪
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thinkorswim® by td ameritrade >> all right. the queen's jubilee is over. and something under the radar is going on in britain among 70,000 companies and 60,000 workers are looking at the four-day work week, paying the same for four days instead of five. see how it goes. if the productive workers remain happy and know knows, like the beatles and "monty python," this could come our way. and joining us, kelly, what do you think? if this takes hold, what do you think? >> oh, maybe this is unpopular, but i'm vehemently against this, neil. we live in a world where we expect immediacy. consumer expect their amazon packages to be delivered on time for entertainment all the
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time, i don't think that works with consumer sentiment. i don't think that works for every industry. some jobs aren't interchangeable and people are going to have to hire more people if you have to fill that fifth day, that sixth day, that seventh day. i think that some companies won't do this. you've heard elon musk say you have to be in the office all the time or get out. and amazons, they're going to attract people highly mow evaluated and that's where the talent is going to go. maybe i'm unpopular and the villain, but i don't think this is going to work. neil: employers like to what what you're saying, what do you think. >> i had a conversation with my friend from london this morning, tells me in a thorough analysis, with much gravitas that this would be great for them because on thursdays they go to the bars on friday and get drunk and friday they are hungover. they can't do work on friday. i said, wow, that's interesting. in a true setting, i think this
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is something working well for certain companies. i'll give awe example, in april the state of california decided they were going to put out a bill -- one of the legislators decided to put out a bill, reduce from 40 hours a week to 32 hours a week, and additional companies throughout the u.s. to doing this, some find this productive model. me personally knowing that we've had 11 million job openings, over 10 million job openings photographer 18-- for 18 months i'm not for it. neil: we're trained for a five day work week and wasn't long ago, six day work week and seven day work week, and the turn of the century when i was alive, that's a big deal. [laughter] >> and companies can make just as much money and workers can feel just as empowered. what's wrong with it? >> well, i think that's one of the thoughts i had. i thought this might not work across all spectrums, but
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perhaps some could transfer. if you have workers can do the same thing in four days as five, but serving sectors, they're not going to serve the same burgers in four days as five. and shrink-flation, we've been covering that lately, to me it smacks of shrink-flation, but in terms of your wages, you're going to be paying the workers the same, but literally getting less time from them. so i have concerns about this. i know this is a pilot program and i think it's going to last about six months. i'm very interested to see what the findings are going to be. neil: i get the feeling you and kelly are afraid of your bosses, you have nothing to be afraid about. and maybe let's say not works monday through thursday, they alternate it so that, you know, everyone is kind of working the
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same four days, not the exact four days. that solves that problem, doesn't it? >> well, i think it does in the world that lydia just described, right? you have a service industry, i can flip burgers on monday and lydia on tuesday. it doesn't work where there's long-term projects and institutional knowledge. i'm not going to be able to get from lydia if i'm working on a project or-- >> you don't think that lydia would share that with you? >> she's not going to be in the office, i don't want to bother her on the day off. neil: and that's whether it's four or five days. i can see you doing that. [laughter] i found out that other anchors are paid, infuriated me. my point is, do do you think this has traction? a lot of companies do work with flex schedules, particularly post covid. a lot of them work with workers coming from home and doing their work from home. it seems to be working, not for everybody, but for a good many.
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what do you think? >> no, absolutely, i can see it catching on, certainly. and there is a problem getting employees now all over the country and of course, some cases all over the world where there's an employee shortage, so, yeah, they're going to have to think of doing something, but i'm personally with elon musk. if you don't want to work a 40-hour work week then pretend to work somewhere else. neil: you are cruel. i don't get it. [laughter] >> lydia. >> takes one to know one. neil: listen to you. and a 60-hour work week, and everything is going, and diminishing return, but you don't think that necessarily under 40 is the way to go, if it comes to that. >> yeah, no, i have a lot of concerns about, you know, reducing the 40-hour work week. i understand the argument that employers are are putting forth. we have a problem with recruiting problem, a problem with retaining people coming out of the pandemic. employees have an expectation of greater flexibility and benefits and trying to recruit
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and maintain a work force right now. but i'm not sure, reducing the number of hours keep people around. i don't think it's going to work. neil: fine, fine, i'll be the odd duck here, why not give it a try. we took a risk on the beatles. that worked out. "monty python" that worked out. you guys are too young to remember any of this, maybe that's the problem. that will do it here, fox news continues. groom's parents? they just found out they can redeem rewards for a second honeymoon. romance is in the air. like these two. he's realizing he's in love. and that his dating app just went up. must be fate. and phil. he forgot a gift, so he's sending the happy couple some money. digital tools so impressive, you just can't stop banking. what would you like the power to do? (mom allen) verizon just gave us all a brand new iphone 13. (dad allen) we've been customers for years. (dad brown) i thought new phones were for new customers. we got iphone 13s, too. switched to verizon two minutes ago.
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♪ ♪ treat dad to father's day at lowe's. ♪ ♪ >> inflation nation. a new report showing consumer prices in may jumping to 8.6%. its highest level since 1981. the average price for a gallon of gas in the u.s. is now $5 a gallon. shipng companies and ing on exxon-mobile for profiting off the high prices. welcome, everyone to fox news live. i'm alita vogel. griff, great to see you
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