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tv   Cavuto Live  FOX News  June 18, 2022 7:00am-9:00am PDT

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pete: that's exactly right. will, thanks so much for that opportunity. and thanks to everyone across america who's made it number one on amazon -- [cheers and applause] have a great saturday. [applause] ♪ >> the gas with prices are just horrible right now. >> i feel pain in my car, i feel pain at grossly store -- grocery store. i feel pain for the flight. >> hard, you know? hard to pay my bills. what can you co? >> everything's just more expensive to do anything, to go anywhere, to eat anything, to
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get gas, like, everything's just more expensive. neil: americans speaking out and freaking out over prices still rising as their 401(k)s keep plummeting and now a new report warning that inflation may be staying and may be much longer than expected. a new fox poll that shows more voters are blaming the guy in the white house. before you run for cover, just know we've got you covered with lucas tomlinson at the white house as president biden says it's not inevitable we'll have a recession. susan li on the markets indicating we already might be in one. first to susan li, taking stock of stocks just, well, taking a hit and a big hit at that. horrible week. >> yeah. well, you saw it, neil, the worst week for the stork market in two years -- stock market and that's after a historic rate hike by the federal reserve, the single sharpest move in 28 years by the central bank, and they're trying to move quickly. as a result, money -- fast in
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the markets, the dow jones falling below 30,000 for the first time in 18 months. recession fears, higher rate concerns all weighing on investor sentiment. all three major benchmarks falling close to 5% on this week alone, and that adds to one of the worst starts to the year for the stock market since the great depression. you have to go all the way back to 1939, more than $3 trillion being wiped out from retirement accounts according to boston college, $1 trillion in 401(k)s, 2 trillion in iras. the most widely held stocks are, of course, the tech giants, these five, apple, amazon, microsoft, alphabet and meta account for a fifth of the s&p 500. and, oh, by the way, meta, formerly known as facebook, falling to its lowest in nearly two and a half years. one of the biggest casualties has been the much-hyped, much-talked-about cryptocurrencies and bitcoin trading below $20,000 this
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morning, nearly 75% down from record november peaks when it was about $65,000, and it's wiped out nearly two-hisser of value in just about six months' time. you also have companies going under in the cryptocurrency space, all an example of easy money and high tides lifting all boats according to mark cuban. he quoted warren buffett this week in the crypto collapse, and cuban says when the tide goes out, you get to see who's swimming naked. with markets anticipating much higher rate, we have the red-hot housing market under pressure, 30-year mortgage rates at the highest since 2008, biggest weekly jump many 35 years, neil. and you have to remember real estate accounts for a fifth of u.s. economy. now, i do want to point out there are some bright spots as you heard from fed chair jay powell. he highlighted the strong jobs market, but recession fears are growing. nearly three-quarters of investors predicting a recession
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by 2024 according to one recent bloom berg survey. neil: don't wander too far, susan, want to continue to pick that fine brain of yours. [laughter] on wednesday the federal reserve lifts interest rates a full three-quarters of a point. that shocked a lot of people because it was the biggest jump since 1994 when a fellow named bill clinton was president. the hoped for at the time on wednesday was that the federal reserve was on top of this inflation thing so we had nothing to worry about. people must have chewed on it overnight and thought, you know, if they keep raising interest rates like this, it's going to slow the economy down, and we've already seen signs that things were slowing down. let me just add a few more. u.s. industrial production slip aring in the latest period, down about two-tenths of a percent. retail sales down, first down month we've seen after five straight up months. new home sales down in excess of 14%, permits, a sign of future activity, down 7%. we've got home builders right
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now and an index that tracks how they're doing and the fore if cast for them now better than 15% in the last few weeks, down better than 35% year to date. you notice i'm going back year to date to show you that this was something that was building steam before the federal reserve made its first move. so they obviously are now anticipating there are going to be to other moves, and there are going to be other tests for the economy and a are recovery that could be pretty diceynot already upside down, that a we might already be in a recession as we speak. let's get the read from kenny poll around city -- kenny poll kenny polcari and, again, our susan li. kenny, to you first on what the markets are beginning to tell us. on wednesday celebrating the federal reserve maybe getting in front of inflation, by the end of week fearing that it's going to cause a recession. who's right in. >> well, i think the market is right, i think the market is very fearful and investors are very fearful that this
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recession's going to come if it's not already here. i'm in the camp that i think it's already here, but by definition it has not, so that gives us some cover. i think the volatility in the market, the big swings up and down suggest that investors remain confused, they look at the data every day. the data keeps pointing to weakness. you saw a plunge in housing stocks, weakening retail sales, and now you see rising interest rates at a fairly large clip with the expectation we're going to get another large clip in july. i think market's very concerned. we've had some real technical damage down to the -- done to the market, and so until the market stabilizes, finds a level, it's going to continue to have these big swings up and down from day-to-day. neil: you know what's interesting, katherine, just where we stand roughly year to date, all the averages are near
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or at bear market territory, so you could take the argument it might be a buy. other people say, no, no, no, it's still a rich market, still a ways to go. where are you on this? >> well, multiples, which is price to earnings, have dropped, and they're reaching historically cheap levels. that said, it doesn't mean they can't get a lot cheaper if we, in fact, go into recession. i'm of a different point of view than kenny. i don't think we're in recession right now. it's very difficult, neil, to fathom being in a resession with near record low unemployment rates. so i would have to say more than just the two-quarter technical deaf can in addition of recession. i would -- definition. i would have to see unemployment surge. i would have to see corporations say, you know what? i don't see enough demand out there to merit the two jobs for every unemployed person that currently exists in the economy. look, i think the equity markets are not yet a bie. i would not be selling, but i certainly would not be accumulating at current levels.
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neil: you know, susan, there's this fear that people just say, the hell with it. i'm off the this thing. i want to lock in whatever gains i have left over from those high-flying technology stocks that aren't so high flying, so they capitulate, hay give up. a lot of people look for that as a sign that it's all over or that it's near over. are you seeing any of that? >> yeah. people are saying maybe we'll get the bottom in the market and we have washout where people panic and run for the exists. -- exits. if you look at fear gauge, we haven't seen that yet. i would say it's still relatively contain at 30 because when you have some would say panic in the market, that number gets up closer to 40, and the fact that people still seem a bit calm in this worst start to the stock market since the great depression, 1939, it indicates to some people that we might still have some ways to go in terms of searching for a bottom. and historically, maybe they're predicting october because that's the timeline, you know,
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six months afterwards when you have that first, shall we say, that first capitulation. neil: yeah. you know, kenny, another thing that comes up a lot is the '70s comparison. i always get wary because i think of leisure suits, they're coming back. [laughter] i have too many photos in leisure -- leisure suits as a kid. i see a big difference between the carter years and now. and it could change, don't get me wrong, that we have job growth now. in the latest month, 394,000 jobs. >> right. neil: you know, it's been relatively strong. we had just the opposite during the stagflation in the carter years that extended and ended up extending him right out of office. what do you see as backdrop for all of this? >> well, to katherine's point, that's right, unemployment is still very low, right? we need to see that start to tick up if we're going to start to see a replay of what happen in the late '70s and early
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'80s, and now while we're still at historically low unemployment, you're starting to hear stories about layoffs starting to come, businesses, you know, starting to rethink what the future looks like as they plan for employees. we've seen it, and i think those stories have only begun. i suspect that we're going to start to see up employment tick up in the months ahead. and then that might give a different view, if we start to see that happen as well as an economic slowdown. and i think that could happen. and i'm fearful, and i've been saying this since last year because i thought it was getting out of control, and i hate to say it, we're going to return to that 1979, '80, '81 style stagflation that sent economy into a 2-year recession. neil: that means it lasts a while if he's right, katherine. real quickly, do you see a recession of that length and magnitude? >> we are in stagflation right now.
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even the fed acknowledged it in this week's, in this past week's federal reserve meeting. they took their forecast for this year's gdp for the u.s. down more than one full percentage point. so now we're at 1.7. potential growth, yes, the rate at which the u.s. economy can grow without accumulating inflation is 2.4. so we're already below economic growth potential rates, and we have inflation above 5%. so we're in stagflation. i disagree with president biden. recession is totally participant of the economic cycle. it isn't inevitable -- it is uninevitable. neil: all right, i got you there. susan li, you talk to a lot of young people, you're young yourself, and we're told they're the most jaded about what they're seeing. they've dipped their toes in the water and realize this is a big -- >> well, look at cryptocurrencies. neil: right, exactly. >> you've lost around 75% of your cash if you invested late
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are. now, that's the fear of missing out trend. we've been talking about this, right, neil? the original fomo trade was in the 2000s in the dot.com bubble, and you saw history does repeat itself. retail investors e average joes, they get scared away and don't come back for a long time, and in that case, they didn't come back for 18 years. neil: you kids, you're just ridiculous. [laughter] thanks, guys. see you in a bit. in the meantime, it's going to be interesting in the next few minutes, another spacex launch. if you've had it with what's gown on on earth, you could just hop in that puppy. it's 22nd mission for spacex. by the way, some news on spacex and elon musk besides his ongoing talks with twitter, folks. he fired some peopled today who were very critical of him. he says that's his right, he's the boss. we'll have more after this.
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neil: we are getting late word right now that the president who'ses in delaware was biking and apparently fell off his bike. i don't know all the details. i coknow our lucas tomlinson does. what can you tell us? >> reporter: well, neil, as you mentioned, president biden was on a bicycle ride, he fell off the bike but appeared unharmed. he got up and immediately started talking and joking with residents. >> these actions are part of our transition to a clean and secure long-term energy futurement and the good news is, climate security and national security go hand in hand. >> reporter: as the price of gasoline has sky to rocketed, biden's poll numbers have plummeted. his approval rating has sunk to
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39% with merely half of americans strongly disapproving the job performance according to a new "usa today"/suffolk poll, only 16% of americans strongly approve of what he's doing. nearly three-fourths of country think the country's on the wrong track. recall last week "the new york times" reporting an increasing number of democrats think biden should not run for re-election in 2024 with gas prices spiking and a trip to saudi arabia planned next month, many americans want biden to call for ramped-up oil production here in the united states. biden responded to the criticism. >> i've contacted them to ask what their plans are and to give any concessions they have. they have over 9,000 leases,9 ,000. -- 9,000. they could drill -- but they're not doing it. >> reporter: according to the oil and gas journal last month, in the month of may, oil
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production was at about 20 million barrel per day, neil. that's within 3% of the all-time high in january of 2020. that's right before the pandemic, so it's not very clear how much more production can actually take place. neil: i'm curious, the white house is obviously feeling this drum beat from fellow democrats leery of him reuping as their nominee. jimmy carter felt the same drum beat, a in ted kennedy. he shook that off, but are they getting worried about this? >> reporter: the big question is whole replace joe biden. it's not clear, neil, who that would be. the president's own vice president, kamala harris, doesn't enjoy any more popularity than joe biden, and certainly when you look at the bench, it's just not clear who another nominee could be. you mentioned kennedy, i don't think there's that nominee out there right now, but we'll wait and see. neil: thank you very much, lucas can.
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want to go to francesca chambers. this idea of an intraparty challenge for the president, it used to seem kind of pie in the sky talk, but the fact that i hear so many other people -- including many i've interviewed this week -- talking about it means it may be because of the economy, maybe the inflation thing, maybe just the frustration thing, that is the one parallel to the '70s we can draw to jimmy carter, that it's open for that. do you sense that it could be open to that? >> well, president joe biden is certainly a student of history, and in the interview that he did with the associated press, he pointed to the fact that in his office is a painting of fdr that came the oval office. so he is certainly looking to past presidents as he considers his own situation facing, you know, the economic conditions and inflation that he's trying to deal with, neil. he says that he is seeking a second term. the white house has consistently
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said that, but as lucas pointed out, the president's approval rating is currently 39% in the usa today/suffolk poll, and that's pretty consistent where he has been across the year. he was 39% in a february poll also, so americans feeling fairly pessimistic right now about the direction of the country and president joe biden. neil: thank you, we're watching for an a airport space, another spacex launch. this one the 22nd for elon musk and company. this one carrying satellites as the busy corporate season for those who want to hook these rides commences. take a look. >> and lift off. [background sounds] >> pitching down range.
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>> propulsion is nominal. [background sounds] enter we are just with over t-plus 40 seconds into flight -- [inaudible conversations] >> pierced the cloud layer, and it is up heading into space. right now themy linen gins are throttling down for a period where the vehicle will experience a high amount of stresses. >> vehicle is supersonic. max once -- q. >> all right. with max q behind us, we are throttling the engines back up to full power of we have five
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events in quick success. first up is main engine cutoff. at that point, the nine engines will shut off in preparation for the next event which is ses1 or second engine start 1 or, excuse me, the space separation from the -- >> [inaudible] >> the first stage will perform a flip to make its way back to our landing zone, and then we'll start with ses1 which is second engine start 1 where that single merlin engine will ignite and continue to carry our satellite into orbit. for today's landing the first stage will, after it performs its flip, will perform a boost-back burn. and after that begins, we'll have -- [inaudible] neil: while watching, this is an unmanned space launch. a lot of people saying are there astronauts in there? there are not. but there is a german military
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satellite tucked inside that rock. this can elon musk and spacex doing the in onjunction -- conjunction with nasa, the 53rd of these so-called starlink internet satellites that have been launched, most of them on spacex rockets. and, of course, elon musk has been leading in that charge right now, planning even bigger rockets that could verbally take us to the -- eventually take us to the moon, later on mars. you might recall some workers from spacex, about a half dozen of them, had been very critical of the boss, elon musk, saying it could be a very stressful place to work, saying that he and his eccentricities have been a distraction, and they say that it's a tough place to work. now, as soon as that got out, we got word that elon musk had fired them all and said that that was insubordination. a lot of free speech advocates,
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aware of the fact that elon musk was going to buy twitter, worried this was a signal of intentions. the message we got from spacex, at least the commanders at spacex -- if you can pardon that play on words -- they said it's a private inti the city, musk controls a little bit more than $50 billion, it's essentially his company, he can do whatever the heck he want, and he just did. he found this ununruly, insubordinate behavior that was never ventured to him personally and pushed to sort of say that he was this distraction, he said, enough, you're outta here, and they are. for all we know, they could be on that rocket. just kidding, they're not. it's one of the things about these spacex launches, about 22 such missions, by the way, there's going to be another one tomorrow, they've been coming fast and furious. all have been very, very successful as he picks up more contracts not only via nasa, but, of course, all these can countries around world who want
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to get their city -- stuff up there as well, he seems to be the choice of all these vendors. we'll be following that, talking about some of elon musk and the controversies he's dealing with, some of the other stuff including how he's trying to keep people at twitter calm. in the meantime, we'd be remiss if we didn't start focusing on what's going on on earth, specifically in the nation's capital and specifically among a stephen colbert staff that ended up overstaying their welcome at capitol, and now they're in a whole lot of trouble. chad pergram on all of that. >> reporter: good morning, neil. well, this was a bizarre security breach at the u.s. capitol. late show team came to interview three house democrats including adam schiff, and then they came back to the capitol complex later on thursday night, and they were caught in the building after hours. cbs says the production team came to capitol hill to do interviews for a section with triumph, the insult comedy dog
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voice ised by a man known for his work on saturday night live. cbs says the interviews were prearranged with congressional offices. they measured two members of the 1/6 committee thursday morning, adam schiff and stephanie murphy, also a non-committee member from massachusetts. they were denied press credentials to cover the committee hearing by the house radio tv gallery because they are come by and not press, but they came back later that day. they were let many by an aide. police arrested the seven around 8:30 p.m. on thursday in the longworth building. they did not have an escort. they were charged with unlawful entry. >> we'll ask the security officials why these arrests had to be made, what were hay to doing without an escort at a time when it made it look like my colleague, barry loudermilk, somehow took the kids with gift bags to do reconnaissance
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missions. the only people arrested for touring the house office buildings are the people who work for stephen colbert. >> reporter: what davis is talking about is a video the committee released showing what the possible called surveillance tours begin just before the riot by go pga representative barry loudermilk. one person in the video made threats against democrats. >> we're coming in like white on rice for moses, nadler -- pelosi, nadler, schumer even you, aoc. >> reporter: now, lauder milk says these were not surveillance tours. he's been cleared by capitol police and no charges for the man in the video either. neil? neil: chad pergram, thank you very much for that, my friend. chad in washington. still a subject in washington, these protests continue to go on outside supreme court justices' homes, the latest seems to be focused on clarence thomas' home and wife ginny thomas who might
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be called by the january 6th committee to testify over some e-mails back and forth supporting a lot of the efforts that donald trump was pushing for at that time. ted williams following the protest part of this. ted, there are laws against sort of thing, but protesters keep breaking them. what's going on? >> yeah. you know, as you say, neil, there are absolutely laws against protests -- protests in front of the homes of judicial officers. as a matter of fact, the cold title 18 -- code title 18, section 1507, addresses the that fact that if you're protesting in front of a supreme court justice or judicial officer's home in an effort to influence that justice or that judicial officer, that in and of itself is prohibited. neil: so, ted, the fact that the protests go on, i guess the
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attorney general, merrick garland are, could stop it if he wanted to. he's not. until you tell me otherwise, local police in and of themselves cannot. so if this is falling between the cracks, i just worry -- ferret about the justices, their kids and their homes, but even the neighbors and how they feel. i don't recallly you brag and say, yeah, i've got a supreme court justice that lives next door, down the street. i don't know if they're saying that right now. >> well, what the local police or law enforcement is actually saying is as long as these protesters are not station nation, as long as they are -- stationary, as long as they are moving, heir going to allow them to protest. i do believe that in some states the justice department perhaps is going to have to step in to protect these supreme court justices. but i've got to tell you, neil,
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all of these federal judges are under a microscope. a good example would be some years ago in chicago we had a judge out there whose husband and mother was killed by someone. just recently in new jersey we had another judge whose son answered the front door, and he was killed. and most recently in wisconsin we had a judge, a former judge who was tied up, bound and killed all because they were doing their duties as judicial officers. neil: you know, you mentioned the key feature here is that the protesters still had to keep moving. but when i studied a lot of the video, they move, all right, but they move back and forth. in other words, they're going north in front of the white house -- house, they go down the street and then they turn around. they're going back and forth, they're not wandering away. doesn't that violate that order? >> well, you -- it, definitely,
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i would have to say violates the spirit of the order. but as you know, neil, and i know that protesters have a first amendment right to protest, but they do not have a right to interfere with neighbors or even the justices as they are, they're moving about. you know, neil, you and i walk around every day, and there are times that individuals will come up to want to shake my hand or your hand, and the first thing i'm concerned about is why are they coming up? are they coming up to harm me or compliment me? i've seen on many occasions where individuals have come up and cursed me out just for being associated with fox news. there are people out here who actually want to harm these justices. we know of a guy who came from california most recently. to justice kavanaugh's home. and he's now charged with attempted murder of judge
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kavanaugh. by virtue of the equipment, the gun and other matters that he brought to that venue, to that location. neil: yeah. >> it's a very difficult time here in this country, neil. neil: yeah, that's to put it mildly, my friend. ted williams, i think we've bot to bring it down a notch or two. obviously, state to our difference and protest maybe outside a public institution, not private homes. everyone bring it down a notch. we'll have more after this. >> absolutely. that's what i do. (vo) with 5g ultra wideband in many more cities, you get up to 10 times the speed at no extra cost. get verizon business unlimited from the network businesses rely on.
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>> i think the culprit behind the inflation, z we all know, neil, is excessive government spending coming out of the $# trillion tax and spending spree the democrats pushed through over a year ago. and their solution to solve that is to spend more. obviously, they want to do another $5 trillion on top of that. so that coupled with energy policies that have driven up cost of gasoline are the reason we have inflation. supply chain issues, yeah, there's some issues around that, and our legislation gets at that. but at the end of the day, the inflationary pressures that we're seeing in the country today have everything to do with the president and his policies. american people are paying the price for that. neil: nevertheless, there is a way to deal9 with the shipping problems that the president has outlined, a real big problem in faking inflationary problems worse. those two south dakota
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congressmen there's a reform act that isn't that black black and white or easy. the president of the south carolina port authority, jim, great of you back with us. i guess this legislation looks to go after exorbitant shipping costs runups. now, a lot of that has to do with the fact so much, if not the overwhelming majority, is handled on west coast. you make a very good, convincing argument to sort of share the wealth on the east coast, but where does this all stand? >> good morning, neil, it's nice to be with you. certainly, ocean freight rates are very, very high. demand relative to supply that really causes that, not dissimilar to airfares today. the newest in shipping regulation really is intended to deal with what is thought to be excessive storage charges and additionally to make sure that exporters get a fair shake in terms of empty container
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availability and overall capacity in the market. so i do think it makes sense to diversify the supply chain to multiple ports. that's happening today, and i think that'll be beneficial to the country as that continues. neil: the president new orleans said as he has about oil companies that are taking advantage of a tough situation by gouging americans all the more, i'm paraphrasing, but he is now saying the same about shippers. i don't think he's talking specifically about you, but is that a fair attack line, that things are bad enough with the supply chain, but now, you know, greedy players are taking advantage of that, think aboutly delaying goods or -- deliberately delaying goods or making it difficult to get goods back to their countries of origin to keep the trade flow going that they've made a bad situation worse? >> well, i'm from the container shipping industry by background, and i don't really think that's a fair characterization. the reality is the shipping
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industry prior to 2021 has made about a 3% return on capital over time. and if as demand increased, the shipping lines chartered basically every available container ship that they could, and heavy ordered a record number of ships to accommodate demand in the future. it's really just working of supply and demand. we've got 50% more demand rain a very rigid supply chain, again, not unlike the airfares. i paid $500 to go to the west coast two years ago, i paid $2,000 a couple weeks ago because there's simply more demand to fly. so i don't think the ocean shipping lines are greedy, i think they're trying toing to accommodate demand as best they can, but they have ability to charge higher rates because the demand is there. neil: all right. jim, let me ask you a little bit about this, one hinge that this whole supply chain issue has taught us is how much we fend on certain countries. china comes to mind not only on,
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you know, a host of very crucial products we need for everyday life, but our toys, our electronic items from iphones to laptops. and china can flip that on or off with the switch of a button. regardless of the container ship in question, right? >> well, i mean, there's -- we're importing record amounts of cargo from china today. that's been the case for a long time. 60% of the asia trade with the u.s. is from china. the reality is that we have a lot of land-side constraints in the u.s. supply chain, everything from distribution center capacity, truck capacity, chat chassis -- chassis availability, rigidity of port capacity. when there's not enough distribution center capacity, a container becomes a normal warehouse. so we have a slowdown as well on term malls, and that's really what has gummed up the supply chain. and it'll only fix itself when
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demand returns to more normal levels. as we all know, we've bought more goods than services because we couldn't buy services in the pandemic, and that will certainly return to normal over time and so will the supply chain. neil: all right, so things could slow down, what's been happening with the hike in interest rates, right? that's the hope of the federal reserve so inflation prices can ease. by same token, that means that, you know, there are some adjustments to be made, and that big adjustment would reflect a slowing economy, right? >> absolutely. i think normally there would be a return to the normal ratio of goods and services which got out of whack, you know, in the pandemic. certainly, if demand goes down due to inflation or a pending recession, that's not good for our industry. we don't really wish for that. but i do think there will be a normal -- we import about 2.5 million containers in industry.
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the port industry's got capacity for 2 million, so we're getting back to more normal levels just by the natural working of supply and demand and, you know, we'll sort of be able to reestablish fluidity in the supply chain. but as of right now, we're not there. we have a number of constraints, and those constraints were existing before the pandemic, and the pandemic has really sort of been like rocket fuel to accelerate their impact. neil: yeah, it certainly sounds like that. jim newsom, very good catching up with you. the very place where jim is kind of illustrates how hay hope to alleviate the problem on the west coast, sort of sharing the loop, if you will, so that more ports along the east coast can be dealing with this, not be entirely dependent on the west coast. we're not bashing you on the west coast, we're just saying maybe if we spread this out, we'll get true this. we shall she. getting through mother
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nature, hot weather, it's creating canceled flights and a mess at the border. we'll explain both after this. this mom's one step closer to their new mini-van! yeah, you'll get used to it. this mom's depositing money with tools on-hand. cha ching. and this mom, well, she's setting an appointment here, so her son can get set up there and start his own financial journey. that's because these moms all have chase. smart bankers. convenient tools. one bank with the power of both. chase. make more of what's yours.
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and you do what you're supposed to do, you are going to feel amazing, you're gonna have a new life. (announcer) change your life now at golo.com neil: all right, a heat wave across much of the country is roiling those trying to fly. we'll get to that a little bit later in the show, but it is also compromising things at the border. it's just damn uncomfortable for a lot of people, and so far there's no relief in sight. craig herrera of fox weather joins us with more. craig, this is getting to be a pretty hot story quite literally. >> reporter: quite literally. especially when you think about so many people that don't have air-conditioning in the area. average is 80, 81, so numbers a good 20-30 above average x we're taking that all the way up to the u.s./canada board border. we're going to see the heat throughout the day today, we carry that into tomorrow, and it
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starts to move over the great lakes as we go into father's day, and then monday portions of minnesota, into wisconsin. really grip is still there. you have to head well over to the northern rockies to to get some of the cooler conditions. forecasted highs on monday, 92 degrees. 99 at fargo, and the heat continues to move south. we don't have a lot of relief as we look at june 24th-28th. this big area of high pressure doesn't want to move, it stays in place. another big story that we're following is monsoon. the season is here, it started on wednesday, and we're seeing that over portions of the southwest. beneficial rain for these areas that are just so parched, that have been dry, windy and fires burning, so the rain will be helpful. however, with not much in the way of vegetation and dry river beds, we could see flash flooding over portions of new mexico, arizona and southern colorado. when you look at the u.s. drought monitor map, boy, it is still red in some cases, and you
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look at the scale here, exceptional drought conditions for a good portion of new mexico, over into nevada and into the interior locations of california, right across the central and southern san joaquin valley. we've been tracking this year on fox weather, stream along, just to go to fox weather.com to allowance code the free app. we've got ray darks all the information, great articles as with we head into monsoon soon that you can follow along. if you're just moved to the -- you've just moved to the area, how to stay cool because, as we talked about, to the north many homes without a/c. neil: incredible. did you say 99 in fargo, north dakota? >> reporter: 99 in far begun go, and that's going to hang on through sunday and monday. neil: you're right, my friend. the weather app, get it. anything else, just toss. >> everything you need is right
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here. [laughter] neil: you don't need, like, 15 different apps on your phone, just the fox weather one, and they'll even sort of prescreen your next barbecue or big vent, give you a gauge on where the weather's going. outstanding stuff, my friend. you're a big reason for that. >> thank you, my friend. neil: weather is playing a part, shortage of pilots, that's playing a part, but if you're flying around this weekend, you probably have been dealing with delays if not outright canceled flights, and it's getting worse, a lot worse. we'll explain after this. treat dad to father's day at lowe's. ♪ ♪ 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.
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neil: you know, this seems to be a big problem for airlines. remember, it started a few months back when a lot of the airlines were leaving passengers stranded, i think it was
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southwest, and they said, you know what we're going to do, we're going to cut back on flights, limiting the odds of this happening, but it keeps happening. over last couple of dayses alone, thousands of flights have been getting delay or outright canceled, and it's not getting any better. bob lori joins us, a former flight attendant. why is it still nuts? virtually all the major airlines have shifted around their personnel and their flights, but it's not getting limited. what's happening? >> yeah. so, actually, the big problem is all of those pre-cancellations that you just spoke about. ahead of the summer, all these airlines were going to cancel all of these flights to cut down on the daily cancellations, but the pop is now for your flight for tomorrow or next week, if something happens to it, if you're weather delayed or a cancellation for that matter, there is less available flight toss rebook you on, less
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available seats because of all those precancellations. there's less flights scheduled to fly throughout the summer. so if you are canceled or delayed, the next available seat on an airplane might be 24-72 hours away from when your flight was canceled. and then you're just creating this domino effect where now you're hearing about a passengers stuck in airports for a day or two. neil: how do you get around that? i know there's a separate drama about the lack of available pilots. that's a separate issue, i get it. but for now, a lot of folks finding out that their flight is canceled, what do they do in. >> one of my favorite travel tips is to actually lead read terms and conditions when you buy your plane ticket. it's called the. >> -- contract of carriage, and every airline has to have it posted and available to you. it actually outlines what is available to you and what the airline needs to do in the event you are delayed or canceled. now, there's a little bit of a caveat there. most of the times the airline's responsible for your travel
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expenses, for hotels possibly. but just like you mentioned, with the pilot shortage, the u.s. airlines are expecting to hire 12,000 pilots. if the airline has the opportunity to delay or cancel your flight due to weather rather than a pilot shortage which is within their control, then they're no longer liable to pay those fees out to you. once something is out of their control such as a weather delay or cancellation, they don't have to pay anything. so if i were traveling right now, which i am, and i just had flights cancels on me more often than not, definitely look at what the next available flight may be, have a backup plan if you really need to get somewhere, otherwise know what you can and can't get from the airline should this occur to you. neil: a lot of people double, triple, quadruple book. you've got to be careful, because then you could put yourself on the hook for all these flights, but what do you think of that? >> it's interesting, because a lot of airlines during the pandemic canceled their cancellation and change fees,
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got rid of them altogether. so that gives you the ability if you are a frequent flyer of one airline to buy a come of tickets on the 8:00 flight, the 9:00 flight, the 10:00 flight, cancel the ones you don't need and use that credit -- neil: but time's wasting, right? >> yeah. usually you have one year to use that credit, but you're also taking then two seats out of inventory for someone who might be further delayed that needs that seat, so now you're just creating an inventory problem where the airline doesn't know if you're planning to show up or not. neil: you're a big deal k and you're dealing with it. so i figure if you're dealing with it, it's out of control. >> honestly, it is. i just had the situation two years ago where a friend of mine got stuck in an airport for 24 hours because the flight got canceled, they rebooked her through new york city, it was suppose to be a nonstop to d.c., and we just had to find another airline. we booked a completely different
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ticket. neil: all good advice to listen to. former flight attendant, he knows of what he speaks. taking a look at the border there, far more pressing concerns over some of the potential terrorists having no trouble getting in. after this. promises of all shapes and sizes. each, with a time and a place they've been promised to be. a promise is everything to old dominion, because it means everything to you. ["only wanna be with you" by hootie & the blowfish] ... ["only wanna be with you" by hootie & the blowfish]
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>> we already know about the threat at the border. we know about the migrant wave and the caravan, maybe not as crowded as it once was making its way to the border. less reporting are the people coming in and through that border, that aren't just innocent migrants looking for a safe place to start a new life. some of them are pretty dangerous and doesn't bill melugin join us, he joins us out of rio grande valley with that. hey, bill. >> neil, that's right, there is
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brand new data out from cvp that shows the number of people on the terror watch list headed to the border is shooting through the roof under president biden. border patrol arrests on the terrorist screening data base, known or suspected terrorists. fiscal year, 2022 so far, still has four months left in it, 50 border patrol arrests of 50 people. before that only 26 in the previous five years. we're essentially doubled the previous five years and we have four months left in fiscal year 2022. bad actors know now is the time to try to get into the united states with our porous border. take a listen. >> those data bases prevent add lot of terrorists from coming to the country, but they're meaningless because if you're a terrorist now, watching the news, why buy a plane ticket
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and apply for a visa when you know you'll get vetted. you go to mexico, cross the south border the same way 800,000 others did and enter the country to do us harm. >> and neil, the may border apprehension numbers came out this week and they're historic yet again. 239,000 illegal crossings at our southern border here just in the month of may alone. that's another records highest number in dhs history. it's set a record. and third month in a row more than 200,000. looking at the big picture. there have now been more than 1.5 million illegal crossings in our border just since october. just to put that in perspective, the bigger than the populations of boston and seattle put together. texas governor greg abbott was visiting the rio grande valley here and meeting with texas dps and the texas national guard
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getting an update on the border situation and i asked him about the fact that president biden has never been to the border in his entire career, and i asked governor abbott would he prefer he comes down here, he would personally invite him? take a listen. >> we have demanded that joe biden come to the border and not for a candy coated tour. he needs to see the struggles of what people in del rio are dealing with. he needs to see the ranches that have been ripped apart by the illegal immigration that he has allowed he needs to talk to the people whose lives have been completely disrupted. >> and, neil, what's important to point out, all the numbers that we just talked about, these are only the migrants that we know about that actually have been apprehended by border patrol. multiple cvp sources say since october, there have been 440,000 known got-aways at the border, seen on cameras or sensors, but they don't have
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the manpower to get to, that's an average of about 1800 people slipping past our agents every single day. we'll send it back to you. neil: you're the only one reporting on it, bill, i hate to tell you that, but thank god you are. bill melugin, take ago look at what's happening. speaking of rio grande, we've got that city's mayor kind enough to joyous right now. mayor, very good to have you here. bill mentioned an interesting figure from may, as you know, mayor, the 239,000 reported migrant encounters in may. how many got away? in other words, the got-aways as they're known. with a number that big, is it 10%? what would you say? >> first of all, good morning and happy father's day weekend to all fathers, great to live in the greatest country in the world. back to your point, don't know. the reality is that has been going on for decades. and many individuals who get
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through and by the way, border patrol agents, custom immigration and they do phenomenal job and doing a phenomenal job for decades and some that get away and unfortunately we do not have the actual numbers of what that number really is. neil: mayor, when i read a lot of the press in central america and they do report on what's happening at the border a great deal. so those who want to get in even through mexico, coming guatemala, nicaragua, what have you. they know how porous it is and they're aware of the title 42 and back and forth on the legalities and inconsistent enforcement measures, so they're emboldened by this and it's well-publicized in their presence outside and they're quite aware of this and taking advantage of this, aren't they? >> unfortunately, the cartels take advantage of immigrants and they do provide all of this information, they are well
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aware that they use social media and applications to try to get people to come across and unfortunately they're the ones benefitting by this surge and they will continue do do so until we as americans trial prioritize immigration reform and subsequently having the political will to address it that something that's unfortunately not happened for decades. decades and that's something that unfortunately, these prime organizations are taking advantage of these opportunities and unfortunately, the migrants are the ones that are caught in the middle. and keep in mind this perilous journey through mexico, and they're taken advantage of and unfortunately, some of these individuals are raped and i mean, it's unfortunate. and then we have the system that we do not have a handle on it. we haven't had a handle on it for 30-plus years and we have a
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feckless congress that refuses to act on immigration reform. again, i know there are systems in place to address it, unfortunately, we're not taking advantage of those opportunities and the opportunities now. here in the rio grande valley, unfortunately, we get stuck with the bill and getting stuck with the bill for decades and having to see these individuals some of them drown in the rio grande river or perish in the drought conditions, sometimes 100 degree weather and it's unfortunate and you alluded to that earlier today, but nonetheless, look at all of these encounters, 200-some thousand. it's going to continue. keep in mind as you mentioned earlier, they believe, people the world over believe in the american dream and as long as that's the case, they're going to come and we're not addressing the root cause of this and our immigration laws, we need to revisit those. of course, our asylum laws need to be revisited.
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unfortunately as i mentioned earlier we have a feckless congress who refuses to address and address it once and for all and instead continuing to have the same all practices as before. and again, depending which administration is in charge, whether the republicans are in the majority or the democrats are in the majority, they both refuse to address it at the core and it's going to continue to happen. and yes, it's true, you have individuals with terror or ties to terror organizations that have gotten through our border, absolutely. there's no doubt. we cannot sugar coat this and we shouldn't. neil: one thing that impressed me, mayor, you're not interested in the politics, you're interested in solving it. hope you have a good father's day. >> likewise, appreciate it, thank you. neil: all right, rich edson is following this out of nashville, border security is a very, very big issue for those attending the faith and freedom coalition conference. rich, how is it looking there?
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>> hey, good morning, neil. that's a major issue along with a number of other issues here, this is the road to the majority conference, faith and freedom coalition, trying to boost republicans ahead of this year's mid term elections. former members of congress, and even former president trump himself addressing this. they're hitting the economy, gas prices and the border and the high ott the southern border. and # we've got dangerous invasion of the border, drugs and criminals marching in every day, escalating in debt. and nations have borders, we are going to secure the border, and name it after former president trump. >> and if the republicans
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overtake congress, one of the first is funding for ice and patrol agents. >> and stop talking about unsubstantiated claims of the election in 2020. in 2024, he hasn't committed to that yet. other anticipated candidates here, u.s. ambassador nikki haley and we asked her about president biden saying he's going to saudi arabia after calling the saudi arabian state a pariah state. >> you don't go and isolate someone that you know you're going to need as a friend later. that doesn't mean that we agree with their-- all of their human rights issues. >> more foreign policy tonight, the other keynote speaker here today, former secretary of state mike pompeo. also another anticipated or expected, perhaps, candidate for president in '24. neil: could be a crowded field
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to your point. rich edson in nashville, covering all of that. i wonder if he's going to see the elvis, can't miss that. and spacex very, very busy, firing rockets today and firing people. we will have both. 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, (mom allen)f america company. verizon just gave us all a brand new iphone 13.
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your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >> all right. another busy day for spacex launching another unmanned vehicle in space. this one carrying a german military satellite. it's the go-to rocket launcher. some nine years ago, it started returning, you know, u.s. astronauts to space without having to necessarily hitch a ride with the russians.
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that itself was a big deal. all of this was a back drop and elon musk firing about a half a dozen workers there that spoke out in a publicized letter against his leadership style. satisfying he was rough on folks, and called musk a distraction and the kind of behavior that hurts investors and fellow workers. and he canned them all. charlie gasperino, i wanted his talk, and he's the brainiac. it's his company, but ruffled a lot of feathers. >> the headline is not good for elon musk. it contradicts what he stands for, he claims to be a free first amendment absolutist that he believes in the free flow of ideas and also some people expressed some ideas and he fires them. that on its face would be hypocritical. legally, completely legal.
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you know, i have no first amendment right to a job, you don't either. we can be fired not quite at will. neil: many hoped that for the both of us, and hoped you were in the rocket he fired. >> and i saw that on social media. and a twist to the story, it's more than people spouting off in an open letter he didn't like. if you read some of the comments from spacex, they said that the employees in question were harassing, this is their words, not mine, i'm paraphrasing a little bit here, harassing people to sign the open letter, that it was different than just three people, four people, five people just signing a letter, please stop. they actually took the extra step and said if you don't do this, you, employee, you're a bad person and that type of coercive activity is definitely a fireable offense.
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prima facea, and if that, i think, is a heart of the reason why they were being fired and if that's the case, guess what? that is definitely a-okay. and so, i think the story needs to play out a little bit. be nice to hear from the people and an investigation, i'm going to look into this, obviously, because it runs at least on its face, counter to elon musk and the first amendment. i've been covering employment issues on wall street and finance for years. and they passed a rule that essentially prevented municipal bond executives from giving a campaign contribution to anyone other than where they live, it
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department them from buying municipal bond deals, like $10,000 to the mayor of duluth and my company gets a municipal bond deal. that was going on and they passed this rule, the sec and the security rules making, you can't give more than $250 only to someone where you live and in your state. it was challenged this court. the courts ruled it's constitutional, because you can giver that money, you just don't have a right to a job. your company can fire you if you gave money outside of that rule it's perfectly legitimate to fire that person. while you have a first amendment right to give the money, you don't have a first amendment right to a job. that's what we're dealing with here. neil: i think lost in the sauce, these issues were never raise the within the company and before this went public,
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it's a taboo. some people think that countries are democracies, you might not like it # and you can quit if you don't like it, but i think it's been characterized, especially if we find out later they had never raised these issues with management, let alone elon musk. there's more to this than i expect we're hearing. >> and we all screw up now and then, but open letters to the new york times is a little bit much, right? so you think that before you go the open letter that it leaks to the new york times, you go to hr and say, listen this guy is making it difficult for us to work here doing x, yz. it's a job, it's not a political action committee. neil: life isn't fair. and i want to take back the letter i wrote to gasperino. good to see you, so you weren't fired.
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>> no. neil: see you next week, you're the best. he is the best not a better business reporter on this planet. in the meantime, we're keeping track of the back and forth the president had with the oil companies. i don't know how they're ever going to sort cobble together some working agreement that maybe bring down energy prices, but the oil companies are saying, it's very hard when the president keeps saying we're thieves, crooks and worse after this. ♪ running on empty ♪ (man) [whispering] what's going on?
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>> a battle royal, and making
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exorbitant profits. number two, i've contacted them, my team has, to ask what their plans are and give any suggestions they have, they have over 9,000 leases. 9,000, they can drill-- but they're not doing it, number two. number three, i think we're going to be in a position where we are going to --. >> i just want to clear up a couple of things. the president, you'll hear the argument that the industry is sitting on the leases they're not using around 9,000 figures, and quite a bit more, from 15,000 to 9,000, leases permits, that sort of thing. sort of like a crap shoot for the industry that we'll explore in a little more detail coming up here, but sometimes, you don't come up snake eyes. sometimes you come up blank, you buy properties or land or
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leases and possible areas where you think oil will be gushing and it's not. it's not as if every time they get a lease or a permit they can pounce on it and capitalize off of it. i thought i'd explain it and there's a process to this and those that they have are dramatically down, half of what they were just a year ago. i want to put that into perspective. and putting all of this in perspective as a tug-of-war between the administration and the oil companies, well, keeps tugging. . >> hey, neil, the biden administration got hit from both sides this week, from environmental groups who want less grilling and oil companies who, of course, want more. the white house is also sending mixed messages on oil and gas production. energy secretary-general jennifer
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granholm visited texas and there was the forum on energy and climate not about lowering gas prices, but climate change. at the same time the administration is asking oil company for help in the near term. calling for them to refine more oil. granholm is meeting with oil executives next week. oil companies like chevron and exxon-mobile are hitting back, saying the message they've gotten so far from the administration is that it will put obstacles in the industry's way. as recently as this week, the white house told oil companies, refine more, but don't drill more. >> why not drill more here in the u.s.? >> because we don't need to do that. what we need them to do with the oil that's out there we need them to refine that oil so that prices -- so that the capacity could go up and prices would go down. >> even members of the president's own party are skeptical of pushing green energy while gas prices are so
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high. the biden administration and the auto industry have been urging coping to expand the tax credit for people who buy electric vehicles. >> if you have a product that's in demand and most people have to wait for that product, why would you give a discount in order to encourage someone to pay for it or buy it, i don't think that will encourage them. >> meanwhile, environmental groups are suing the biden administration to dry to stop more than 3500 permit applications from energy companies to drill on federal lands. the groups argue the administration isn't taking into account the damage burning fossil fuels does to the climate and to wildlife. neil: grady, new-- thank you very much. you've heard it's the oil guys and they are the ones making things even more painful for you at the pump. tim stewart is with us with the u.s. oil and gas position president. tim, you've been hearing a lot
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from the administration, from critics say that oil guys are gouging us. by extension, you're gouging us, what do you think of that? >> we find ourselves at the point where the biden administration's failure constitutes an emergency, it's a failure of leadership and it's not done by accusing those and not being patriotic. they try to have it both ways. if we run through the white house schedule, called for big tech, for any unflattering information on social media with regards to renewables. on wednesday accuse the oil and gas industry not doing enough when we're at 95% refining capacity. on thursday, they postponed additional leasing and on friday we get to the point where they're promising gas cards for everybody. and ironic interaction with the white house this week, the president threatened to invoke emergency powers for energy outputs. the irony is, the energy powers
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would be revering their energy policies. if that's what it takes, we'll go that route. neil: and talking about expanding refinery activity, a good many of them would be looking at foreign oil that needs to be process $and refined for american customers. that's easier said than done. i'm wondering your thoughts on that and whether that could be done relatively soon. >> that's the challenge that you have as an administration you set forth policies in the campaign and when you get into office, you intend to sunset an entire industry and that's what they made it very clear, no more fossil fuels we'll have complete transition to renewables and then a message to wall street, you need to start debanking any investment in the oil and gas and refining industry. that 95% capacity if we're
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there because we're running full, but we still have six or seven refineries that have not come online. because they've not been able to get the financing or shifting fossil fuels and it's easier said than done. neil: the idea that the industry has made the situation worse by zinging it to customers when you could be looking at more production here, but you're not. what do you say to that? >> well, we're really, from the production side, we're about just right before the pandemic hit and as much product that the marketplace as we can. you can't wish this thing just to happen. at 95% capacity, there's not a lot of additional room to bring products online to get it done. the same time we've made commitments to our allies in
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europe to do everything we can to get them lng and you you're seeing that as an impact in the marketplace, also. the administration, the thing that concerns me is this attack on oil and gas workers in the u.s. the white house press secretary essentially said that they need to do orpatriotic duty this past week. let me tell you, that's not going to solve the problem by accusing people who are keeping the lights on of being unpatriotic. neil: there have been a number of investigations the past 40 years, in front of the trade commission and i'm far from an industry apoapologist, they've been looking for of the kabal activity and hasn't been remotely real. it happens again in another market. oil trades in the open market.
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and public land, private lapped, nuclear, solar, what do you think the response westbound, markets decide the price of this. wouldn't they immediately start seeing the price come down because there would be people optimistic that there would be more supply on the way? >> you know, that's a great point. we have been trying to make that for months and months now. you can't threaten to sunset an industry and debank an industry because it has a chilling effect on long-term investment. the reality is, the united states is the energy super power. number one in oil production, number one in natural gas production. number one in geo thermal and number two in solar and wind. we've got to act like we're a super power. the super power writes the play book and the plays. that signals that the u.s. is going to run all the above portfolio and energy, whether it be oil and gas, renewables
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is the right play to go. neil: you want to make money, you can make a lot more money if you get it going and in your self-interest, people think cynically. and oil is a commodity, trades like a commodity, much like a stock and focused on the future of the business. many people are saying right now it's tight and getting worse. more after this. ♪ you say goodbye, i say hello ♪ zing, then you're losing. tater totting, cold or hotting. mealin', feelin', pie-ing, trying. color your spread. upgrade your bread. pair it. share it. kraft singles. square it. hi, i'm nancy. i've lost over 80 pounds with golo. kraft singles. i have tried to lose weight in the past and i've lost 80 pounds several times, but i was not able to maintain it. with golo, i've maintained this weight loss for over a year.
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>> you know, they say money talks and it's the conditions where you're working are not really hospitable or taxation too high or regulation too much, money can walk, too. we're seeing two companies, caterpillar moving from illinois to texas. and lego into virginia where they'll hire 1700 workers. what to make of this because it's a theme we've seen play out certainly in the last couple of years, where so many companies are leaving high-tech states like new york and california for the lower confines to places like texas and florida and so many others. kenny with us and katherine, our buddy susan back as well. susan, you first on this trend where it's picking up team.
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>> i just came back from austin, texas, and a lot of companies are the economy is booming. not only as you mentioned, the companies, tesla, and texas is a shot spot and georgia. just attracted a $7 billion plant in the state. add to that the rivian plant which is five billion because they're willing to offer some pretty lucrative tax incentives, one and a half billion dollars, which is the going rate right now. neil: you know, there are a good many companies that stay in places like california, stay in new york and maybe it is, you know, discombobulating the move and getting your people moving and side on with disney going from l.a. to florida given the rift in governor
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desantis. is it because of the difficulty of that or what? >> i suspects that eventually they'll be moving down here to florida like all of us, and here in florida, new york, new jersey transplants and now here in miami, i can tell you there's increasingly more people moving here from california. the reason is simple, it's economic freedom, you know, it's low taxes. it's a very business friendly environment. i suspect what has been a deluge of transplants from new york, new jersey, illinois, going to texas, tennessee, susan mentioned georgia, florida, i suspect that's going to continue. it will slow down because post-pandemic we've got, as i said we've got the deluge. but i expect that the interest state difference of taxes, not to mention the incentives and regulations are low and not to mention the weather as well, neil. all of that is going to continue to bring, i suspect, business flow from new york,
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new jersey, to florida and out of california for sure. neil: of course this time of year it's hot and humid. you see how much money you're saving, i can deal with the heat. kenny, i'm wondering where you see it going. you know, we talk about lessons that maybe can be learned here. i don't care whether you're on the right or left, but these states are booming, texas and california, they're booming. florida more to the point. and so, this idea that you need revenue from taxes, higher taxes to keep everything going, they're very real indications that you don't, but it's-- >> right. >> it's lost on people. >> right, a capital will go to where it's welcomed. and we're seeing the high tax, blue states that not only have the highest taxes and lots of regulation, and now there's a safety issue, let's call it what it is. go to the big cities, chicago,
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l.a., and it's a safety issues and companies are saying, how can we upgrade the quality of life and lower our regulatory exposure and our financial expense and they're finding the opportunity. i suspect, especially if the economy hits a rougher time that companies are going to, as they start to remake and let people go, it's going to be easier to move and relocate during that time, right? part of the other problem it's disruptive to a lot of people. who is going to go, who is not going to go, who is going to stay. and if you have less people to worry about, moving may not be an issue. neil: and you were in boston, and that's a little-- >> cluster. neil: concentration there. the fears expressed by some in the state tend to be more red than blue. a lot of the blue folks are coming over, they'll change our way of life, alter their perspective, celebrate the
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savings and-- >> and property prices. one of the hottest real estate markets in the country because of the influx of high paying tech jobs. and they're building a six billion dollar factory outside of austin and yes, bringing i guess more into the tax coffers, taxing highly paid individual and they are he draining off the system when they're boosting up the price of real estate, too. neil: i want to thank you very, very much. be careful what you wish for because i think, and you touched on it katherine, a lot of those new yorkers and transplants in florida now, the flip side of that, they're awful drivers. [laughter] >> now they're in florida and i see it myself. i love them all, but get off the roads. i should not say that, i'm going to get the hate mail now. thank you very, very much.
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have a wonderful weekend. >> in the meantime we're concentrating on russia, and you heard what vladimir putin said in the fight, and there's word of americans captured in the fight in ukraine and proudly showing had they are and what they're about after this.
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book an exam today at americasbest.com. ♪ ♪ treat dad to father's day at lowe's. >> all right. vladimir putin taking a fight to americans by showing americans captured in ukraine showing there are a lot of other countries involved in this war. and who these americans are and what vladimir intends to do with them. what are we hearing, nate? >> that's a good question. and the other one, where are they held right now. specifically the two americans taken last night while fighting in kharkiv, ukraine's second
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largest city. since then we've seen a picture on the telegram app and a video of the two on russian television. they appear to be in good health and russian television and they'll look at these and the families who are begging the biden administration to get them home safely. and we know the third american missing since april. a new report from a german research institute. the united states is far surpassing european countries in terms of aid delivered to ukraine. the u.s. 44.7 billion to ukraine in promises whereas the eu, 27 countries in total and that number is under $29 billion. keep in mind this war is happening in their back yard. here is president volodymyr zelenskyy talking about the
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importance of u.s. aid. >> the week was very much beneficial to ukraine on many fronts and i would like to thank u.s. president joe biden today for the assistance growing stronger every week and this week we had notable results on the front line thanks to u.s. assistance. >> again, neil, that front line is the final large city holdout in the luhansk region in the donbas region. and russia is deploying more resources there. russian artillery has been proved overwhelming in the donbas saying that russia is using 10 times more artillery rounds than they are on a daily bases. international aid in terms of delivered military aid in kind, which excludes money to be spent on military uses later,
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latvia is outpacing large economies in europe, including germany, france and italy. the leaders of those countries of course were in kyiv visiting with president zelenskyy on thursday. we'll send is back to you, neil. >> that's wild, thank you very much, nate. in the meantime, it's father's day weekend and for you dads out there, that's the good news. the bad news, you're not going to get nearly as muches a mom. after this. ♪ i love my life, something to see ♪ ♪♪ well, actually, we're from a lot of places. see, we're from here, and there... give dad a gift worth sharing, at ancestry.com
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>> happy father's day. >> thanks, a present for me? new diamond earrings? you guys are the best. >> thank you. >> you're welcome. happy father's day. >> oh, thanks, guys. presents. oatmeal, again. neil: all right. i have a feeling there are going to be a lot of moms, women watching this thing, here goes yet another american dad, another american male whining about the fact that dads get less than moms every year. it happens over father's day and we're reminded how little our kids think of us. usually taking cues from their moms. so, the value of what we get goes down compared to what moms get and here the double insult this year, we're getting less than the skimpy amount we got
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last year and we have mike gunzleman here the internet radio host. he's not a dad yet that we know of, but he is following this. he's outraged, i'm told he's outraged and sara who probably feels bad for the days and men getting the short end of the stick. >> and partly to blame on fathers themselves. how hard it's been shopping for my own dad. for my mom, flowers, jewelry, chocolates, and textbook. fathers are enigmas, and unfortunately, he's second. and by the time you get mother's day, you're exhausted and maybe dads would be easier to shop for and get better and specific presents. neil: maybe you're just cheap. >> maybe not my fault. [laughter] >> gunz, you're hearing this
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and the numbers say what the numbers say. there's no desighing denying it, dads get less. >> and i'm not a father, it's my birthday, and i'm not getting a gift. i thought i was coming on for my birthday, but i'm not a father. fathers definitely get taken advantage of, if you would. from my personal experience, when your mom says, whenever my mom said, michael, or michael patrick. neil: oh, boy. >> you knew, oh, boy, the first and middle name you knew it was going to happen. something was going to go on. so it's that motherly instinct. the dads are always just there, let's play catch, et cetera. my dad is watching right now, dad, you're my guy, let's go, papa gunz. neil: but your dad is not
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remembering your birthday. he doesn't even like you. >> because i never got him father's day gifts, that's the problem. neil: that's the problem. a lot of this you have to figure it out and say, all right, well, moms, they do a lot. a disproportionate amount from at home and i often hear that from some women in my life, but you could argue, sara, it's easier to shop for mom, but i wonder if you tried that hard for your dad or you just figure dads can give with this, he's used to this. >> i think that's a good point. there's a guilt factor with mom that's not really present with dad. i know if i don't get my mom something, she'll put on a brave face and a little teary-eyed. and for my father there will be no change in emotions if i get him something thoughtful or a phone call. maybe dads should then something. neil: a phone call? you heard what i heard. a phone call?
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>> listen, if i'm a mother, when i become a father. neil: a dangerous moment. >> i need more than a phone call. neil: you're preaching to the choir here and i want to thank you very very much. and if you're upset about this. gunz came up with the questions, that's all i can say. have a great father's day, rashedless, we'll see you on monday. 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. oh, hey. buying a car from vroom is so easy, all you need is a phone and a finger. just go to vroom.com, scroll through thousands of cars. then, tap to buy. that's it. no sales speak. no wasted time.
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>> u.s. capitol police arrest seven staffers from the late show with stephen colbert, charging them with illegal entry into the lonworth house office building on capitol hill. that's part of the big capitol complex. the group allegedly wandering around the halls for hours unescorted on thursday. welcome to fox news live. i'm aishah hasnie in new york. griff: i'm griff jenkins. this included

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