tape. pete: are you here tomorrow? lawrence: i'm here tomorrow. thank you, thank you. pete: i'm disappointed. he did, he did, he won. thank you for joining us for the national day of the more than cowboy. lawrence took it. watch cross country tonight. lawrence: 10 p.m.! ♪ muck. ♪ neil: meanwhile, i'm cozy in this air-conditioned studio. fox is on top right now of a dangerous heat wave that is bearing down. separately, we've got a lot of covid cases moving up. we link, you decide, should you be worrying about either or both? we're on it. again, this is your weekend kicking off here with some big news developments. we're trying to get to the bottom of the weather one because fully half the u.s. population is what they call under oppressive conditions.

by that, they mean temperatures of 90 degrees or more. let's get the read from mark meredith at the white house. you might recall that mark was whining about this just yesterday. on double duty now. how are you holding up, my friend? >> reporter: says the man in the air-conditioned studio. neil: i'm going to turn the thermostat down a little more. [laughter] >> reporter: unbelievable. good morning from a very steamy white house. 88 degrees, we're expecting the high to be 97. we also expect the president to stay in the white house isolating. white house says we should be getting an update from the president's doctors a little bit later on today. they're not going to be providing that on camera, however, the white house has been going to great lengths to show that the president is still able to carry out his duties. late yesterday as we were coming on the area for -- air for your show, we saw the president holding an event with his commitment take, we -- team, and

then at his desk we saw him coughing a bit, drinking a beverage, even unwrapping a cough drop, something that any of us would do. the white house insists the president is receiving excellent care and that his vaccine booster and antivirals are helping quickly with his recovery, but we don't know how long the president is going to stay isolated, nor where he got the virus in the first place. officials say no one who was traveling with him has tested to to. >> -- identified and informed 17 people determined to be close contacts of the president including members of his senior staff. none of the staff members have tested positive to date, and all of them are wearing masks around other people per cdc guidelines. >> reporter: so vice president kamala harris, she is still considered a close contact, and we've seen her wearing a mask including this morning as she was heading out to richmond, virginia, for an event there. but she is maintaining her travel schedule as you see her

getting ready to board on air force two just about an hour or so ago. it is unclear how soon we may see the president resume his travel schedule. he was supposed to go to florida on monday. we don't know messily when those may be -- necessarily when those may be rescheduled. neil, you you know this her, a lot of economic news expected next week, the second quarter gdp if numbers, and the white house already trying to get out ahead of it saying it doesn't necessarily mean a recession. the prime minister's going to have to show that he is -- the president's going to have to show he is focused on the economy. but again, neil, back to you in what i'm sure is a beautiful 68-degree studio there. neil: well, it's actually snowing in the studio right now. [laughter] you know, my wife pointed out, said, you know, this poor guy's working his hiney off outside in, like, 100-degree humidity heat wave you're lecturing him,

but he seems like such a nice guy, neil. and i said, well, appearances can be deceiving -- >> reporter: well, mrs. cavuto, i'm a big fan. [laughter] neil: mark, thank you very much for that yeoman's work. mark meredith following all of that. in the meantime, we are following the president's covid, of course, a lot of people saying if the president of the united states could get this, then who else is next? pretty much hard to find someone who has not had can covid than someone who has. dr. anthony fauci joins us right now, white house medical adviser. doctor, very good seeing you. the president's situation, what you're learning of it, a lot of what we're getting, doctor, is coming from secondhand from the president's physician and relayed to his -- through his top medical authorities. that was not the case when president trump was diagnosed. is there a difference? should we be hearing more from his personal physician? >> well, we're hearing i think

more than one daily pronouncement about what exactly is going on, so it's a written statement and then a statement that's given through dr. jah, and then i speak to dr. kevin to conner twice a day -- to conner. i spoke to him as recently as last night at 10:00. we went over the case carefully. and as he's been saying, the president is doing really quite well. he continues to improve. and i think that's another example of what we've all been saying of what it means when you have the interventions hike vaccination -- like vaccinations, doubly boosted and being on an antiviral drug that has a proven track record of being very effective at preventing the progrecian to severe disease -- progression -- neil: you're talking about paxlovid? >> yes. he's on paxlovid e, the second

day now. he's tolerating it well, and he continues to improve. i mean, he was better today than he was last night and better yesterday than he was when he first got sick. neil: when you did talk to the president's physician, obviously you both have to consider the age of president and whether, you know, his getting back to a routine or at least one from a distance is wise. what do you think? >> well, he is feeling well enough that he is fulfilling the duties from a virtual standpoint. neil, you and i spoken about when i got infected, you know, i'm a little bit offedder than the president. i had symptomology very similar to what the president had. i was on paxlovid, so there's a lot of similarities there. and i did exactly the same as the president was doing, and it was -- i wasn't any worse for the wear. i did my work virtually the way

the president is doing, so he's following the course of a person who's otherwise quite healthy who did the right thing, got vaccinated, doubly boosted, did the right thing, went on paxlovid and is doing well. so i think there's nothing wrong with what he's doing by trying to get work done from a virtual standpoint. neil: you know, doctor, we're learning that the white house is looking at holding off further booster shots for those under the age of 50. i believe under the age of 50 until, you know, we can get to the fall when such booster shots will be able to handle these variants, subvariants. do you agree with that? >> well, neil, i think that's a bit of a misinterpretation because i've been asked that on several interviews. so i called up dr. peter marks who's the person responsible for that at the fda, and he assured me that no definitive final decision has been made about that, and it is still under

active consideration. but somehow a report came out that a final decision was made about giving people less than 50 boosters now as opposed to waiting -- neil: but it's the booster shots now, doctor. i think the genesis of this is present booster shots do not reflect or deal with the variant, what have you, that it might be wiser to wait a little bit when such booster shots will be able to to address that. what do you think? >> well, neil, it's a judgment call. if you have someone who's less than 50 years old and they are in a risk category having an underlying disease, immune compromised or even without being immune compromised has a disease that might lead to a severe outcome -- chronic obstruct i pulmonary disease, severe diabetes -- the i would not wait for any other booster in the fall if that person was due for a worcester. -- booster.

so i think we've got to be careful. kwr0u go by the cdc guidelines, but you also have to use clinical judgment. neil: you know, doctor, i had a chance this week to talk to the novavax ceo who's debuting a vaccine of its own, i believe the fourth now with the existing others. about 20% of the american people who have yet to be vaccinated at all, but i raised with the novavax ceo the same issue i want to raise with you right now. of that 20 the % looking at, you know, your close call with this, you know, you came out of it flying colors, that's great, and now hearing that the president of the united states got this, fully vaccinated, double boosted, all of that -- as did i, by the way. you notice i put myself in your company. they say, well, gosh, if these guys are getting it and doing all the right things, then why the heck should i bother? what do you tell them? >> oh, neil, i'm so so glad you

brought that that up because there is some misunderstanding about that. the vaccines to a very good job -- do a very good job of protecting you from advancing to severe disease leading to hospitalizations and deaths. when you have a very highly transmissable virus like the ba-5 which we're dealing with right now which is the overwhelming majority of ice atlantas that are in this country and circulate aring, you may get infected. vaccines do protect you against infections somewhat, but so transmissible that people are getting infected who have been vaccinated. but if you look at the difference, neil, between people who get seriously ill, hospitalized and and compare the unvaccinated people with the people who are vaccinated and boosted, the data just spring out at you as being so obvious for the very, very strong advantage from the standpoint of severe illness of getting

vaccinated. there's no question about that. so argument of saying that, well, fauci or the president or neil cavuto got vaccinated, boosted and they still got infected so why should with i get vaccinated, that is really a very, very profound misinterpretation of what the real purpose of the vaccine is. it's to keep you from getting seriously ill. neil: well, i'm glad you kept me many that trio, doctor. let me step back and get your sense of where all of this fits into the heat wave we have going on in this country, throughout much of the world. i know there's some trepidation ahead of the fall and cooler weather and a likely spike in cases from some in the medical community. but, of course, these are very tough conditions for anyone whether you're sensitive to heat or not. in this environment do covid cases rise -- they have been rising. they've spiked mightily across europe, a smattering of such spikes in key regions in china

still. i'm wondering how a heat wave complicates that. >> well, the only way that i would -- first of all, we've experienced now, neil, and you and i have spoken about that, that this virus spreads in the summer, it spreads in the winter, it just keeps spreading because of the high degree of transmissibility. the only thing i can think of as the most obvious relationship and connection with a heat wave is that it drives more people indoors with air-conditioning. and when you do that and you don't have proper ventilation, you have a recirculation of the air, that could be the same sort of risk you put yourself under as opposed to when you're in the winter and you go indoors because it's cold outside. so anything that would drive you in a closed indoor space that has air-conditioning or what have you, that very well could lead to poor ventilation flow.

and then again when that happens, that's always a risk for the transmission and acquisition of a respiratory illness. neil: very quickly, doctor, we have these spikes in cases as you know, and some are revisiting the cdc with recommendations for people to put masks back on. in new jersey a recommendation for all 18 counties there new york governor hochul is considering the same. not going beyond the recommendations. where do you stand on that? do you personally view masks as a good idea in this environment? or a bad one? >> oh, it's a very good idea, neil. i know there's this sort of pushback when you talk about mandate, but put mandate aside and looked at what's good common sense recommendation to keep yourself safe from being infected or from transmitting infection. the data the that well-fitted masks like the kn95 and the n95, those masks are very effective.

and there's a lot of studies that show that. neil: all right. we'll watch it closely, dr. fauci. very good seeing you again. feel well. >> thank you very much, neil. always good to be with you. neil: all right. we were talking about that heat wave gripping most of the country, indeed, the world. katie byrne right now, fox weather in philadelphia, with more on how it's looking right now. katie. >> reporter: hey, neil. well, this is dangerous weather we're talking about, and it's already turned deadly. pennsylvania state officials confirming the first heat-related death in the region. excessive heat exposure is partially to blame in the death of a 73-year-old man from allentown, pennsylvania. that's about 60 miles north of us here in philadelphia. philly is going on since days in a row now of temperatures over 90 degrees. new york and boston trailing right behind us, they're going on five days in a row of the same conditions. and heat advisories are all over the northeast including those major cities. so a lot of people are taking

precautions. philadelphia's rocky statue, talked to people about what they're doing to stay safe. some people are trying to get their workouts in early. >> i mean, we usually meet at 6. we met at 5:30 today because of the heat. so we try to avoid some of that hot, hot sun. there will be people here running at noon, but that'll not be me. >> reporter: we're not the only ones sweating through historic heat. over in europe a heat wave peaked on tuesday fueling wildfires in several countries. you can see how dry conditions are there in spain. relief did come on wednesday when a cold front came through, but still parts of spain and italy are seeing above average temperatures. neil. neil: katie, thank you very much. katie byrne in philadelphia. here is some good news, gas prices are coming down. natural gas prices are not. that's a bigger worry right now. after this. (cool guy) $30...that's awesome.

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>> we have some really good news, gas prices are coming down. in fact, gas prices have father-in-law every day this summer for -- fallen every day this summer for 38 days in a row. neil: well, that is good news. unfortunately, it comes at the same time we're hearing natural gas prices that powers a lot of utilities, that's what a lot of electric vehicles plug into, well, they've been soaring. and seeing as this is the main thing by which we power up our air-conditioning as well, are people going to the to get hot and bothered just to stay cool and comfy? welcome back, everybody, i'm neil cavuto. you know, jeff, the natural gas thing is actually kind of startling. better than 50% up this month, a couple of days this week we had back to back days up 10 and then 12% each day. now, it's got to be a demand thing, i get that, and with the heat wave it's only getting more demand. but this is pretty out of control. what do you think?

can you hear me? all right. i apologize for that. just to put it in perspective here, what we're seeing is a runup in natural gas prices and, again, a lot of utilities are powered by natural gas or coal or both, by the way. it comes back to the administering's agenda. -- administration's agenda. the fact of the matter is that a lot of the expenses that go into addressing climate change involve eventually getting rid of these two power sources including natural gas and coal. but they are means by which we cool our homes in a good part of the country and the world and the means right now by which we also plug in those electric vehicles, so this is a big concern. i'm going to try one more time to jeff small to see if he is ready. all right. we're going to see a little bit about that. put it in perspective here as well, the run down in gas prices

themselves have been the kind of thing that a lot of americans have been rejoicing to see, but it might not be what it appears. it could be a sign that people are feeling the pinch and conserving a little bit more or cutting down on their purchases or just not going to the gas station as much or traveling at least by car as much. we see this playing out in countries like germany and italy and france where overall gas consumption -- keep in mind, prices are a heck of a lot higher over there than they are here -- is such right now that they are simply now dialing back. demand eases a little bit, the existing supply math tells you that you're to going to see prices drop. we're not seeing that right now. natural gas is not quite as easy to start looking at ways around that. a heat wave not get this. all right, we're going to take a quick break, hopefully we'll patch things up with jeff. as far as i know, our hookup was, indeed, powered by natural gas. so that could be the problem. i have no idea.

we'll have more after this.

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neil: all right, we apologize again on our link-up we were supposed to have with jeff small, the arbor financial president. a desperate -- separate story paris. i want to get to this natural gas story with john bussey, excellent writer. john, i'd be remiss if i didn't touch on this, the nat gas phenomenon where with prices have gone up more than 50% in the last month or so. demand in this heat wave, obviously, has a lot to do with it, but it is wiping out the gain that americans are experiencing now from this downward slide into regular gas for their cars. where do you see this going and the impact it could have? >> yeah.

natural gas prices going up in part because of the war in ukraine and concern in europe that they're not going to be getting gas from russia in the coming months. and so a lot of natural gas from the united states is being diverted to europe away from asian customers x. so you're seeing prices rise because demand is there and supply is uncertain. the countries that are going to really get hammered by this, neil, are developing countries that rely upon natural gas markets for their supplies. prices are going up, and there's no clear indication when prices are going to come down again because that war in ukraine is ongoing. neil: you know, whatever people's politics on this view of traditional fossil fuels, natural gas in that larger category a bit cleaner than coal, but it comes at a time when so much of the western world led by our own country is making this push to get off of them or at least to wean ourselves off of them.

but even countries like germany that led this cause are going back to coal in the interim to make up for the gas and not necessarily dropping natural gas per se, especially with limited supply coming from russia whenever it starts coming back from russia. what do you make of this and where inputs the green agenda? >> yeah, so true, neil. and germany, remember after the talk about if she ma nuclear -- fukushima nuclear power disaster essentially signed off from nuclear power, and so they're really getting caught in this whiplash. great for u.s. gas producers, natural gas producers. natural gas has a smaller carbon footprint than oil or coal, certainly, and it's going to be a bridge as countries around world work toward cleaner energy consumption. demand is going to be high for quite some time, and if the war many ukraine continues -- in

ukraine continues and russia continues to threaten to cut off gas supplies to europe which became in a political really wrong move over the last couple of decades became deeply dependent on russian gas supplies, you're going to see prices stay high. and one note, neil, you know, look, politicians like to claim credit and don't like the take responsibility for high prices. the clip that you played of the president sort of rejoicing over the drop in gasoline prices in the united states, the reason why gas prices are coming down is something that probably presidents would like to talk about. gasoline prices are in part pegged to the futures price, and the future price is coming down because of an expectation of a slowdown in the economy and possible recession. neil: right. >> so i think you have to take this in context. [laughter] good that prices are coming down but perhaps not for the best

reason. neil: yeah, you take what you can get, to your point, john. thank you for staying on top of these latest energy developments. this is a seminal week for people and mea culpas if you will, paul krugman of "the new york times" admitting that he goofed, that inflation wasn't transitory. kudos to him for stating the obvious now. but it does come with janet yellen having said the same thing, jerome powell having said the same thing all in this belief that inflation when it first reared its ugly head was going to be short-lived. we've learned in retrospect it's not that. a lot of people have done that except the president of the united states, and i don't know at this point whether it makes a difference, but what do you think? >> well, presidents don't like to have to apologize especially going into midterms because it looks like they goofed. and so it's not surprising that biden doesn't want to apolo slides for getting -- a apologize for getting the inflation wrong. he has said publicly, look, i

was advised, i had the best advisers, they all signaled to me that inflation was going to be transitory. neil: right, right. >> and the fed was saying that too, an independent body, and the expectation was that it was transitory. but, you know, back then there were a lot of skeptics about that argument. you had incredible supply chain disruption as a result of the pandemic. we still have it. we have cities in china still getting locked down, factories getting locked down. that's going to continue to crimp supply while demand, the consumer's back, demand stays high. and as a result of that, lots of demand, limited supply, you're going to get inflation particularly with the job market the way that you have. so i think politicians want to claim credit for the good stuff, great job market, gas prices coming down -- neil: sure. >> they don't want to apologize for big economic problems because it looks like they're at fault. neil: no, you're right about

that, john. i always think though people are clearly forgiving because we're all humans, we all make mistakes. i don't, but i hear a lot of people do. i kid because i'm making this bipartisan point, john f. kennedy, ronald reagan acknowledging when they goofed even though each could have claimed people told me. first jfk and then ronald reagan. >> there's an old saying that victory has a hundred fathers and defeat is an orphan, and i wouldn't be surprised if information is poured into you in regard to, oh, the recent activities. >> a few months ago i told the american people i did not trade arm for hostages. my heart and my best intentions still tell me that's true, but the facts and the evidence tell me it is not. neil: now, if you think about it, john, each president in their time and in their day could have gone on to blame others. in the case of jfk just a couple of months into his presidency

taking recommendations from the prior administration and the military then who dominated that administration to conduct what later became known as the bay of pigs. but he didn't. ronald reagan could have extended that a lot of his foreign policy advisers thought the iran contra rebels would have been wise and that's where it came from, but he didn't. so both men saw their poll rating climb after these acknowledgments, and i'm just wondering if there's a lesson to be learned. >> so biden doesn't want to apologize for inflation because, you know, unlike the iran contra issue, inflation start well before the biden administration came in, and he doesn't want to take responsibility for a major economic move that organically happened separate from his presidency -- neil: well, it might have, john, but the fact of the matter is it picked up considerable steam --

>> no question. neil: i'm just wondering to acknowledge that and not go into the weeds on it, all right, i didn't see the graf gravity of this, i do now, we're on it now, take a look at gas prices -- >> yeah, could be. but, again, you know, with midterms just a couple of months away -- look, reagan also apologized for the detention of japanese during world war ii. neil: good point. >> he helps arrange for $1.6 billion in reparations payments to them back when a billion dollars meant something back in the 1980s. so he apologized for that. but that was a decision that had been made by another president, a wartime president in the 1940s. he did not apologize for, you know, other things during his administration. neil: well put. john, how father do you get it out there -- far do you get it out there, we see. when people talk with me about

weight, i just cling to it's a thyroid problem, and most people leave me alone. more after this.

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now's the time to ask your veterinarian for cytopoint. neil: all right, lee zeldin right now, the republican candidate for governor in new york, is ripping bail laws after an attacker comes pretty close to to doing potentially major harm to him. he had this almost looked like a cat ears' e weapon, almost like knives. he got so close to the

gubernatorial candidate, if he had plunged it in the candidate's neck, well, god knows the story we'd be reporting right now. but this has become an increasing and disturbing pattern not only here, but a lot of places. a former pbi agent -- fbi agent joins us now. jack brewer. not meaning to conflate the attack on dave chapelle, the comedian, from an audience member who jumped up on the stage the or very different case in japan where the former prime minister abe was attacked from behind, caught everyone off guard and killed. we're hearing more of these type of cases, and i'm just wondering what you make of them all. >> well, good morning, neil. the problem we're seeing here at least in the united states is people are feeling more and more 'em worldenned -- emboldened. there are no consequences for people's actions. this individual who attacked the gubernatorial candidate, he was released within -- on his own

recognizance, at that -- within 24 hours. the people that committed the riots over the last year and a half, two years, people are not having consequences for what's happening. a combination of backward law enforcement is hesitant to react, and for good reason. ever time law enforcement seems to react, the tables are turned on them, and they become the spotlight instead of the criminal. neil: it might be trite for me to cite the polarizing political times in which we live, what some of these incidents reveal. but you do start thinking about it, you do start thinking has the rhetoric gotten so heat that we might have to prepare ourselves for more of these types of incidents whether it's going after a comedian or a politician. >> well, you're correct. and unfortunately, there are people that are in the spotlight whether they be politicians or

entertainers that actually condone, you know, this type of behavior. and people, again, hear that from people they admire or look up to or support, and then they turn around and they act. we've heard that in the past especially from certain politicians that condone violence and go after people whether it be in a restaurant or in a public venue. and that kind of behavior's irresponsible at least. unfortunately, it should be criminal. neil: you know, obviously at these venn yous, you know, dave -- venues. dave chapelle doesn't want to be kept away from audiences. often times he's going to venues that don't want him there because of his controversy, but you can't shield people from this sort of thing and put walls around them. although in the case of what we saw in zeldin, obviously, some very fast thinking folks including zeldin himself to sort of take charge of the situation. but that won't always with the case -- be the case. >> no, it won't, and it makes

the job of individuals like the secret service and other individualings of trying to protect people very difficult. no, you can't build a wall around people, you're absolutely right. a lot of people opt to have protection. security kneads to be were the -- needs to be better, more alert. the fact that somebody got that close to to the candidate on stage, you know, people are dropping the ball and not paying attention in some instances. and it's really got to be beefed up in a lot of ways. neil: and to your credit, you were looking at this as a potential problem long before some of these latest examples. jack, thank you very much, good seeing you. >> good seeing you, neil. neil: jack jupin. you know, a lot of people do not like testifying at congressional committees, and often times in the past some have said, no, i'm not going to testify and not face any harm. then there's the case of steve bannon who right now is facing potential jail time for refusing to deal with the january 6th

committee. chad pergram on the phone right now on what we can expect from all of this. chad. >> reporter: good morning, neil. well, it only took a jury -- [audio difficulty] yesterday he faces two years in jail. sentencing comes in mid october. night on fox ban bannon said, quote, if i go to jail, i go to jail. now, contempt of congress convictions are rare. the last two persons found guilty were nixon torn general -- attorney general and watergate -- [inaudible] both in 1974. bannon if refused to cooperate with the committee, he hid behind a shield of executive privilege. even though bannon if had not worked for the trump administration for a couple of years before the trial. here's the problem for the committee, it still does not get the information it wanted from bannon. former trump aide peter navarro also refused to comply with a subpoena by the committee, he goes on trial in november.

prosecutors have not gone after former white house staffer mark meadows and -- [inaudible] both of them were held in contempt of congress. now, no hearings until septembeo digest all this information that was entered in june and july, but it's possible other information could leak out with a cliffhanger, something that has become liz cheney's calling card here. and while the hearings appear to have eroded, some gop support for former president trump, it's doubtful they impact the midterms so far. the election is about the economy. neil? neil: got it. chad, thank you very much. want to pass along a bulletin from the world health organization says monkeypox and the outbreak across the world has included some 70 countries, it's now deemed a global emergency there are 2800 infections reported in this country, several children.

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bundle home and auto and save. call a local agent or 1-888-allstate for a quote today. neil: well, it's the ron and don show in the sunshine state. two who party heavyweights, they're not duking it out against each other, but they're, shall we say is, headlining florida events getting a lot of attention. and if it's big news in florida, phil keating is there all over it in tampa right now with the very latest. hey, phil. >> reporter: good morning, neil. thousands upon thousands of conservative activists and future conservative leaders are all in tampa this week as well as a lot of 2024 possible presidential contenders. turning point usa is an organization founded to basically get high school and college-aged kids into the

movement of conservative politics. and and year it is definitely the buzz about 2024. convention center's going to be chock full of potential white house contenders all week. night florida are republican governor ron desantis headlined. many in florida feel he is absolutely going to run for president although he has not decided or said so either way. so he had his mind on the midterms for the crowd as well as a little biden bashing. >> you're going to see a red wave this november. but it we get that red wave in the house and in the senate and republicans have majorities, here's what i think we as voters want to see: we want to see you do something with those majorities. we want to see you hold brandon and his ilk accountable. >> reporter: friday the political battling was out west in the desert showing that the

former team in the white house is not always on the same field anymore. former vice president pence campaigned for arizona gubernatorial candidate karen taylor robeson, a wealthy real estate attorney and developer. meanwhile, former president trump campaigned for her opponent, kari lake, a former newscaster who supported obama at one point, but now she say says changed. and not to disappoint the crowd, trump teased 2024. >> and now we may have to do it again -- [cheers and applause] i mean, look at what has happened to our country in less than to two years -- in two years. our country is like a different, like a different place. it's so sad to see. but first we have to win a historic victory for the

republican party this november. when we retake congress, among our highest priorities must be to end the nightmare. >> reporter: the first republican starts speaking on the stage behind me starting at about 11 in the morning, so not too far away. and tonight's big headline speech coming from the man you just watched and heard, former president donald j. trump. neil? neil: all right, phil, thank you very much for that. phil keating in florida following those fast moving developments. we're also following what they're calling a housing correction at the very least, some call a housing crash. but exactly where is it hurting the most? some surprises after this. ♪ ♪ i'm coming home to the place where i belong ♪♪ we listen. like jack.

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neil: not too surprising, mortgage rates go up. home sales, whether existing or new go down, way down. mortgage activity now at a 22-year low. let's go to kristin jordan, million dollar or listing host extraordinaire. kristin, how far does this go, do you think? >> it really depends on where you are. there are areas of the country that saw appreciation that they had not seen any appreciation for 10 plus years, and they saw crazy appreciation. and i think that's where we're going to see the most correction. those are the areas where when i'm speaking to my fellow agents in the industry there saying that things are really, really slow, they're seeing no transactions -- neil: where is that happening kristin? florida comes to mind, for example, what are you seeing.

>> yes. we're seeing arizona, you have some florida, you have definitely there's parts of texas. i'm hearing the carolinas. i'm hearing areas where there was probably the most stock of truly affordable housing, and those are the numbers that are the 300-500,000 homes or the 200-400,000 homes that appreciated by 20, 30, 40%. that is where we are seeing the biggest slowdown initially. neil: okay. one thing i'm curious about is how bad it gets. now, of course, i don't see thi, kristin, but as you know, i play one on tv -- i wonder whether those who compare this to the housing bubble before the meltdown, whether that's a fair comparison. people are literally buying and selling homes sight unseen and handling transactions as if they were gambling chips at a casino. i don't see a lot of that, some of it, i guess, but not enough for me to think there's some huge bubble burst to see out. what do you think?

>> we don't have same bubble as 2008 because the speculation is not for the end user. the only speculation we've truly seen has been institutional investors that are buying the large portfolio rental properties. that's the area where i suspect there could be a deeper correction. they're buying with different kinds of money and financing. the real home buyer that has bought and bought higher than they would have liked at this moment, they can still afford what they bought because underwriting standards are so strong and so ironclad. so they actually can afford their homes, and those who had gotten the huge pay bump or pay raise over the last 18 months are even having trouble convincing the lenders that they can afford these new prices at the value that they'd like to purchase because the lending standards haven't caught up with their new employment. neil: i see. hopefully that's a smooth leveling out, but still a ways to to go. kristin, thank you very much. good seeing you again.

>> thank you so much. neil: we have a lot more coming up including this peat wave, but the political heat wave being created at the border where it's already physically hot and now governor abbott taking heat from others across the country that he's going too far. let's just say he had a pretty con cease -- concise response to that. after this. overdraft feesre's zero if she overdraws by $50 or less. and, kyle, well, he's keeping calm with another day to adjust his balance if he overdraws by more than $50. overdraft assist from chase. make more of what's yours. ...

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>> all right. the heatwave gripping much of the country role pronounced at the border here and this makes for a little political heat at that. steve harrigan at eagle pass, texas and what's going on along with the governor of the state of texas, steve. >> that's right, neil, 104 degrees yesterday and it's expected to each that again today. we've seen small groups detained here by national guard members of migrants crossing

into the u.s. illegally. at times though, much larger groups, some as many as 300 strong crossing over in a group and as you mentioned, there is a political firestorm over the policy of the texas governor to put some of those migrants on buses to northern cities that has drawn the outrage of a number of mayors, including the mayor of new york city. here he is. >> not only federal government, but we need some of those states that have been giving people one way tickets, we need them to understand that this must be a partnership in this country. new york is going to do its share, but we have an overburdened shelter system now. >> texas governor abbott said the mayors are blaming the wrong person. they shouldn't be blaming the texans, they should blame the policies of president biden. in the meantime, customs and border patrol agents continue at times heroic work along the stretch of the border, just recently, agents here from

eagle pass rescue, a 77-year-old woman left on the northern side of the rio grande and they had to carry her through tough terrain a half mile to reach medical assistance. neil, back to you. neil: i wonder how complicated it is with the weather, as you stated, steve. i mean, it's not doing anything to ease the crowds trying to come in. so how are we handling just trying to keep them out? >> i think it makes conditions even more difficult. you have really these customs and border patrol agents torn. on the one hand, trying to save people, on the other hand, trying to enforce the law. and you get situations like stash houses. i used to think stash houses were where drugs were stored. well, here along the border, it's where humans are stored. dozens, sometimes hundreds of people jammed into houses in very tough conditions with the temperatures over 100 degrees, neil. neil: steve, the genesis to

those who are criticizing governor abbott, early moves to bus, and take a lot of the migrants over the border and bring them to other locals, washington d.c., delaware, new york, philadelphia, and that's obviously ignited rage from those city's mayors and governors. i'm wondering though, i didn't hear them reaching out to the governor of texas dealing with this on his own. they were fine, i guess, when texas was dealing with this problem. they don't like it when they have to deal with it. >> i think that's accurate. i think for the governor here and for many in the towns along the border, business as usual just isn't going to work anymore. the frustration and the numbers are just getting out of control, and they're trying to spark attention to get change. neil: all right. stay cool yourself, steve harrigan. in the middle of that, eagle pass, texas, want to go to the detective from the department of public safety. lieutenant, here we go again.

every time we talk we have another surge to deal with and even tougher conditions and now criticism of the way that texas is handling this whole matters because states and locals that never had to deal with this suddenly are. what do you think of it all? >> right, neil, good morning, of course, always great to be with you, when we talk about-- we talk about the criticism that's being voiced by the states much new york and washington. those are accusations and criticism and we know for a fact, neil and state the facts. texas is busing immigrants to washington. and not busing to new york. if those in the new york and washington want to get to the root cause, they need to voice those to the federal government which completely failed to do this at the border and they've been flying them on secret

flights to these states. we're seeing a fraction, we're seeing 7,000, 8,000 of immigrants, and on the border towns of eagle pass, and they need to help secure the border and take care of the policy and have it under control. neil: you would think with the rising temperatures, chris, that fewer migrants would try this hazardous journey. it's actually the opposite? >> it is the opposite. the summer heat in south texas, extreme temperatures over 100 plus weather and they're making the long and treacherous journey. i was with our aircraft operations decision and we're making a week to two-long week journey to the mountains and some of them did not make it and we rescued them from mexico and guatemala and it goes how

the immigrants are encouraged to make the long journey and day one, when the federal government announced essentially we have an open border and they've seen it firsthand and that's why we're seeing the influx of immigrants at the border and texas has to try to secure the border and governor abbott is doing as much as he can and he's providing the resources and tools that we need to help combat the human smugglers and to go after the drug smugglers, especially the fentanyl that's coming across our border. neil: are the mexicans doing anything to slow, halt, reverse this surge. you reminded me, i believe it was you who was the first to say this, this is more than mexico on guatemala. this is hundreds of hunts represented in the waves. what do you think of that? >> of course, governor abbott, one of the initiatives he did

and a historic initiative and the federal government has not done is have the conversations with the governors of mexico that border the state of texas. they're doing as much as they can to stem the flow of the migrants, and been able to dismantled large caravans making their way to the border. it's the federal government's job to prevent the flow of immigrants coming across the border. they're making this long treacherous journey and seeing a record number of unaccompanied children coming across the border from many different countries and it falls back to the federal government and how the state of texas and governor abbott is doing to take the matter in his own hands in texas and across the country. neil: i'm sorry you have to put up this with this and the heat. i appreciate it.

>> thanks, neil. neil: and new emphasis out of social security, the so-called cost of living slated next year. that's not finalized, but saying at the rate we're going the cost of living adjustment could be as high as 11.4%. that premium or benefits would increase about 11 1/2% which means that average social security payments would be about $192 more a month than they are right now working out about 1,875 for social security recipient. the devil is in the details and when you get it, whether at the full retirement or abbreviated benefits. to put that in perspective. that would be second only to 1981 in the heat of that inflation surge that we had back then when benefits increased 14.3%. but at the rate we're going and with inflation we're only talking three percentage points, but a big, big double

digit increase in the amount paid to social security recipients seems almost guaranteed. the fixed side on those on fixed income and again, all the cost of the things you're buying at the store are going up that rate and more after this. d, when is the future? um, oh wow. um, the future is, uh, what's ahead of us. i don't get it. yeah. maybe this will help. so now we're in the present. and now... we're in the future. the all-electric chevy bolt euv with available super cruise™ for hands-free driving. - dad. - yeah? do fish get thirsty? eh. find new answers. find new roads. chevrolet. say hello to high end stylings at prices you'll only find at lowe's. find new roads. ♪ ♪

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>> all right. this has been a very busy week for the first lady of ukraine, and making her pitch as her husband president zelenskyy has for more aid and she's in kyiv and by piers morgan and celebrities around the world. we'll be keeping track of this and what happens, of course, but this is sort of like an

effort on the part of the entire world to show its support at least the industrialized world support for what is going on in ukraine and any and all help that the first lady wants and needs. although some countries have been buckling under that. i talked to the hungarian foreign minister who sympathizes with ukraine's plight, but taken in 900,000 refugees from ukraine says a cease-fire is in order to stop this and get back to normal, whatever that is. we'll be monitoring this and monitoring what's going on in this country with the crime wave that's gotten so severe now, a lot of people are going in and raiding grocery stores. you heard me right. the new shoplifting target is food. lydia has more in new york. >> shoplifting is on the rise across new york city and now, grocery stores are forced to shell out major bucks in order

to hire their own personal security for their stores. the grocery store operators say thieves are targeting some high ticket items like you can see here, meat, detergent, cleaning products, ice cream, all of these to be resold on the black markets. where i am, they've seen about a 30 to 40% increase in theft across their stores as crime across the city has also risen. you see here, pet ite larsening under 1,000. and this store has added off duty police officers to their staff and another, morton williams, boosted security and add approximately $1 million in extra expense through the rest of the year. >> we're going to be forced to continue with the security as long as we can and can afford to do it and we have no choice

to do it because without it, it would be worse. >> it's not just in new york city as we see crimes spike across the country. businesses are impacted. starbucks recently announced it's closing 16 stores across the country over safety issues like drug use and other disruptions and the ceo added, more closures are likely to come. now, manhattan's district attorney alvin bragg came under fire over his soft on crime policies when he directed prosecutors to drop cases of some misdemeanors and last month announced a new policy in which repeat serial shoplifters will be pursued, but it requires grocery store operators to track the thieves and track the thefts. an operator here says that's a really tall order. so far in the past month, not making much of a difference. back to you. neil: lydia. thank you very much for that. a lot of people in the new york area are still wondering what would have happened if that guy

who got up on the stage had succeeded, had attacked him with whatever knife-like defense he had and inflicted real harm and maybe killed him. if you look at the video, you realize how close he got after this. i noticed he had a weapon in his hand. he was telling me, you're done. w welcome unlimited plan, for just $30. (daughter) i've already told everyone! (cool guy) $30...that's awesome. (mom) it's their best unlimited price ever. (woman) for $30 a line, i'm switching now. (vo) the network you want. the price you love. only from verizon. with best western rewards you get rewarded when you stay on the road and on the go. find your rewards so you can reconnect, disconnect, hold on tight and let go! stay two nights and get a free night. book now at bestwestern.com.

>> there's only one option. >> what is he doing? >> that 43-year-old man up there, he was out of it, whatever, he was carrying a

pretty sharp device and obviously meant to do something to new york gubernatorial candidate lee zelden. and if it had not been for fast-thinking people in the audience. it might have opinion a different story. >> howard, it's great to have you, but this got pretty, pretty hairy here, what do you make of it, and what stand out to me is that the assailant is free right now. >> yeah, well, you know, it just goes back to everything that's going wrong in the criminal justice system today. first, you know, here is somebody who almost killed a gubernatorial candidate and he's back out on the street. the bail row form law in new york is being misinterpreted and district attorneys are just letting very serious felons back on the street.

the other thing to question, where was security? certainly wasn't security people attack this individual. how did he get on the stage? >> and you hear one woman, what is he doing? referring to the gentleman who was getting up on that stage, but it did remind me and i don't want to conflate these, but it did remind me of an assailant coming up on the stage with comedian dave chappelle. he was tackled, but a lot of people mistook that to be a part of the act, but sometimes it has very dire consequences. like a guy shooting at the former prime minister of japan from behind where apparently a lot of security officials were not looking, and killed him. and what do you make of all of this? >> what i make of it is that law enforcement is being demonized. the security people are being

restrained for political correctness and we have a criminal justice system out of control. the crime stats in new york are ridiculous. it used to be the safest large city in america and now it's just like chicago and los angeles and detroit and other places where violent crimes are off the charts and we are quickly heading toward that nation and until we get the left under control, we're going in the wrong direction. neil: it's extended, as you said it would, about a year ago when some of the subway attacks in new york were heating up, you said it's going to make people think twice about getting on the subway and pause going out in what traditionally were fine parts of new york in the middle of the day, times square, elsewhere. so, it's giving people pause already so it's not covid or fears of getting it, that's giving them this reluctance,

it's the crime. >> it's the crime and when you have an economy which is going in the wrong direction like ourses, people don't have money for food and doing desperate things and they're doing it because they know there's no consequences. all parts of what's going on in this country right now are disturbing, and i really worry about it. neil: you know, you're also very good at understanding criminal psychology. you were groundbreaking in that regard, running the police department here and elsewhere. and one of the things i worry about and i don't want to conflate the '60s, for example, with now, but when passions get high and temperatures really get high and people take this to the degree they could, that it isn't a big leap to get violent over it. do you see that as a threat that these close calls with politicians in the case of abe, not a close call at all, he was killed, and that of course in

one of the most gun averse nations in the planet, that this could accelerate into something that we went through in the '60s? >> absolutely. when you have gun laws that really do not impact people who are mentally disturbed getting guns and we have red flag laws, but they don't attack to any information base, just like what happened in uvalde, and then people look and read these things. you commit a crime, ill under $1,000, it's okay they'll met you, it's a misdemeanor. drugs have been legalized all over the place. we're a permissive society that people that are criminals are not worried about the place anymore. when i was a mayor, the only one afraid of are criminals and

they're no longer afraid of the police. neil: the attacker, the 43-year-old attacker went after lee zeldin, and the judge says they had no choice because of the existing laws in the state. in this particular case why can't the judge say this is dangerous. this guy went after a gubernatorial candidate, are no laws amade from that? >> you're the extra and i would still deem that man a risk, he's a risk outside. >> absolutely. but as i understand the law, depending on what the charges are, that's part of the problem. neil: right. >> the d.a.s charge the lowest possible charge. if they don't charge any higher charge, then the judge has no discretion and he has to let him go. neil: even though there's the hike hood that this guy could do something again, you'd think just that realization and

something embarrassing comes up where he does do something again, that's something more worrisome again and everyone's going to say the same thing, would have, could have, should have. >> right, after he kills somebody, they'll be saying things. it takes a horrible incident to change that kind of thing and in new york state it doesn't seem to apply. neil: in the meantime, we have, you know, each opponent camp likes to send representatives to embarrass or, you know, put pressure on candidates, but the new york governor hochul, she went a step further in her campaign, urging those to go to events, or other events just to agitate. i'm sure her intention isn't for what happened, but that's what happens when you encourage

people to do this sort of thing. why is that ignored? >> well, it should not be ignored. words matter and when you're in the position of power where you're influencing thousands, millions of people, you really need to be careful on what you say and we're seeing this with the january 6th committee which i don't agree with much of what they're doing, but some of the people that said things that were insightful-- inciteful. we're not holding people for their actions and society is going in the long direction. neil: in the meantime, howard safir thank you for this. we're keeping track of the warnings we're getting tore the world health organization, saying that the monkeypox situation is serious, that it's a global health crisis and

16,000 cases globally, 2800 in this country and now involving children as young as two. we don't know all the details here. we know enough right now that this is an emergency in the eyes of the world and together, the world has to pay attention. we'll see where that goes, and stay on top of it. s talk about those changes to your financial plan. bill, mary? hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪

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>> when i think about climate change and i've been saying this for three years, i think jobs. climate change, i think jobs. neil: all right, apparently so does ford motor company indicating 8,000 are going to lose their jobs as the company focuses on electric vehicles. those making traditional cars, gas-powered cars are out of luck. that's the issue i've been

raising with prominent democrats, including steny hoyer this week, when i asked if you get too much of what you wish for? take a look. the president's environmental guy was saying, you know, that the natural gas -- say what you will, it's an important part of utilities that are powering up the electrical vehicle vision for the future. >> neil, i hear what you're saying, we can't just look at short-term, we're using fossil fuels and gas and natural gas. i'm a dig nuclear proponent, it was not a popular thing to do 10, 15 years from now, but almost everybody now says if you're going to get to 2050 goals of carbon reduction, are' going to have to use nuclear power. neil: all right. now, that was steny hoyer. the details go like this, if you hate coal and you hate

natural gas, and many environmentalists do, forget the fact that they are key parts of utilities. and charge the utilities in more than two-thirds of this country either using natural gas or coal or both and that's what all of these fancy electric vehicles are plugged into. we all want a clean planet, who doesn't, but the assumption is that ev's are the wave of the future and the utilities that power them rely on, well, the fossil fuse in the past. and it's a riddle and a catchy conundrum. and joining us emily rowland, i ended with you, i want your take on that, that this push now for clean energy or to address the climate leaves out the dirty little fact in the interim, it might be about jobs, but more jobs are being lost now than gained. how far does this go? do you worry about that? >> yeah, neil, so government

intervention in the economy in this case, via job growth, can often result in inefficient use of capital. during the obama administration there was $500 million of taxpayers money used to go to solyndra and all of those jobs were lost. and it comes down to the invisible hand, which is the driving theory behind capitalism that suggests that companies are individuals who act in their own best interest and compete naturally. that's often -- that's always going to result in a better outcome than governments that are highly regulated or centralized. so as you mentioned, we all are in favor of clean energy and there have been great initiatives, whether it's wind or solar, the companies neat to act and compete naturally in order for job growth to be

attainable. >> the one thing worrying me, we lose sight of the trees. i'm on energy, and pragmatic about this. the immediate fire for the time being seems to be rocking energy prices, particularly natural gas prices and better than 50%. let's address the fire we have, always cognizant of some of the energy issues we're going to have in the future, but i think you can get all in. you don't have to be one at the expense of the other. your thoughts. >> no, i agree with you, and i think that's becoming very clear to people, right? you can't just transition and say, okay, we're going to stop using fossil fuel and try to put that industry out of business while in transition. you need to use both with the transition of clean energy and everybody said it, everybody wants a cleaner planet and energy, i get it. but fossil fuel at the moment are not going away. the only way to create the energy to charge the vehicles and the electric that we want to use at the moment it with

fossil fuels. you can't show me where solar power, wind power, is charging the world. it's just not happening at the moment. which doesn't mean i don't support it, it just means let's be realistic on how we get there. >> the president and the back drop for his remarks this week was a former coal facility. i guess it looks like it's been demolished, the back drop wasn't the most eye appealing. having said that, it will traps transition to this wind center, all well, all good, and years off now. we're in the midst of an energy spike, and particularly the gas and people are looking at their bills and what the-- this is a family show you can't complete that statement. >> look at the keystone pipeline, too bad we shut down on day one, 1500 jobs and a lot

of those jobs, the energy secretary buttigieg said they'd be replaced and we haven't zone that really come to fruition. the majority of the power grid 20% coal, 40% natural gas, less than 20% from renewables. so, the facts are there and we need to continue to use what we have. the bls. i was just looking at data and more than half a million auto service technicians were employed in may of 2021. so the transition from greenhouse gases to green energy, a lot of the jobs lost are going to be mechanics, service decks, blue color jobs that the internal combustion motors and the conventional motors are more complex than battery, electric vehicles. so it's doubtful to me that we'll get a one-to-one replacement, even in the best case scenarios, let alone these

millions of jobs that the biden administration seems to think and seems frustrated with in their progress in getting an agreement. neil: and i guess it only sounds fascinating, but i always believe let the government afade and the concern can't. and they can direct money and sometimes doesn't work out the way they envisioned. and we're back to how much can or should the government do particularly given the current crisis we ever right now? >> the government should stay completely out of it. the more that the government gets involved, unintended consequences comes to fruition. neil: emily -- i'm sorry, there. emily, what do you think of this argument? . i agree with free market down to capitalism and it works unless there are successful companies that are working on the initiatives as we've

highlighted on the panel today. it's going to take time to get there and i think that the attention should be potentially paid here to the energy crisis at hand. still a concern and we've seen oil prices come back down. we're at about 95 a barrel and we believe that the commodities are confusing the markets. neil: that could be a demand thing that the world is already speaking out loud here that they're cutting back. already the european union is urging member states and their citizens to curtail natural gas convention up to 15% so prepare for cut-off and supply. with countries like that and i think even in the case of germany right now, revisiting coal to get us through this. i mean, they're being pragmatic about it, and they haven't given up their climate dreams and hopes, but what we're

dealing with. >> and that gets back to where we are in the economic cycle. neil: kenny, to that point. >> yeah, no, i think you're right. whether the europeans are cutting back because of the russian crisis and trying to stay ahead of it. if you look at natural gas and coal stocks over the last six months, they've accelerated and moved higher in anticipation of still, the demand to create energy around the world. neil: guys, if i can step back and look at the markets while i have you fine brains with me, i'm curious what you make, katherine, what the market wag selling. yesterday notwithstanding, a lot of the markets have come back appreciably. the nasdaq down 40%, now down 24% year to date and s & p deep, deep into a bear market now down 17% this year and the

dow, it, too, was in a bear market. and we're well off our lows. technology stocks i guess will be tested a lot next week, but emily, on that front, where do you think things going from here? >> yeah, we've seen a bit of a bounce, expect a 9% bounce in the s&p 500. and over the last week or so, key developments. one is that earnings, you know, earnings have come in less bad and they've been okay. neil: i like the way you turned that as less bad than feared. >> i don't want to get too excited about this earning season. i think that the 10% sen pilled -- has far from. and investigators are feeling a bit of a sense of the fed is probably going to raise rates

75 basis points, 100 was feared after that 9% headlining cpi came in. we would be careful in here that we think there's more volatility to come. >> and you know, katherine, the stronger dollar is for u.s. multinationals and once their foreign achievements are translated back into dollars so that could be a problem. the flipside of the world rushing to a dollar as a safe haven, these companies could really be under pressure, right? . . >> i expect them to be continually be under pressure. i think the second half will provide opportunities for invests to take advantage of the market rally. and my suspicious it's rolling over and the real he is session is not what the 1q first or second quarter turning negative.

my concern is when the labor market rolls over and we get a recession in 2023. the fed is hiking and has to retrace a lot of this expansionary policy that's done and i think we're in for a rocky-- >> i hope you're wrong on that. we'll see what happens. the federal reserve does meet the end of next week, we're expecting to see a 3/4 rate hike.

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were to be shipped out. faulk about confusing. lucas tomlinson with the latest. >> and neil, we're learning from the state department that two americans were killed in eastern ukraine. we received this statement a short time ago. we can confirm the recent deaths of two u.s. citizens in the donbas region of ukraine. we are out of respect for the families at this difficult time we have nothing further to add. one day after ukraine and russia signed the agreement to allow ukraine to export from the largest port of odesa, russian launched caliber cruise missiles from the submarine. reminder that it's not a cease-fire. russia is allowed to export grain as well. and moscow is sending a message with the strike and the u.s.

ambassador called it outrageous and compared it to stalin that killed millions and now saying russia will staffer millions. >> and the ukraine's first lady here to ukraine's capital to join piers morgan, focusing on the post war reconstruction of ukraine and president zelenskyy as you can see here attended as well. it does not appear that this war will end soon. it could drag on for years, the administration officials tells us. and 580 ghost drones, more of the himars and additional ammunition and 36,000 rounds of ammunition which the ukrainians are short supply of. we're told that the russians outnumbered the ukrainians three to one and the zones are shot down every four, five

missions over eastern ukraine, we're told. neil: i'd be curious what they're making of the russian attack on odesa, the black seaport from which a lot of the grain was going to be shipped out. any reaction? >> there's a lot of reaction. the u.s. ambassador here is calling it outrageous attack and in fact, one of the spokesman from the ukraine foreign minister, russia is spitting in the eye of the ukrainians and it's less than 24 hours after the ink was dry on the agreement in istanbul. and there was a hope that the himars, and that there was hope and that ended this morning with that missile strike in the port. there were no casualties is the only good news that the ukraines are saying this morning. neil: incredible. lucas, be safe, my friend. lucas in kyiv, ukraine where the good news cometh and taken

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>> this might surprise some of you, but some people mail me some nasty tweets online insults. i'm warning you here, in japan, that that could land you in jail up to one year, just saying, just throwing it out there. and lisa join us, the cyber security attorney. apparently this went way too far. people sending the hateful messages and the government wants to crack down on it. what do you think, liz? hey, i guess it's going to be

legal there. could we do anything like that here? should we? >> hi, neil, great to see you and nobody should be insulting you on any social media platforms. >> tell me about it. >> so japan has passed it and singapore pass it had and some may think in singapore, well, they're made chewing gum illegal and this is also ridiculous, but it's really not. in the united states we have a problem. i'm not talking about banning calling someone a jerk or an idiot, i'm saying there's cyber bullying, online defamation, there's cyber stalking. we have all of these problems in the internet community, and there's no federal standard, but there are state laws that do prohibit a lot of these practices. neil: and we see in the case of young kids and cyber bullying go too far and people who are on the receiving end of that often kill themselves and you want to deal with that and some free speech groups, say all right. just telling neil he's a

pompous ass, and that's just from my wife, that people feel free to do. where do you find the legal part. >> it's a thorny problem. there's an overlap, a gray area with freedom of speech. we have defamation and many states have passed laws, barring cyber bullying, but thrown out, but the case of the court. and first amendment, they bar defamation, and criminal laws could have a year of jail time and civil penalties that can impose thousands of dollars, too, but it's very fact specific. neil: so you really have to know and target what you're doing. thank you very very much. and i might have made a misstatement. it's not for people who call me

a pompous ass. it's someone who called me clueless ass, one can land new jail for six months the other to a year. that we don't know. i thank you very, very much for all of that. and we've got chris coming up and jacqui hinrich. they get no hate mail. enjoy them for the next two hours, they're up next. oh, man. hey! open up! the redesigned chevy silverado. with a sophisticated, high-tech interior... open the door! it's easy to forget it's a truck. ♪♪ - thanks. - nice truck! it was. find new style. find new roads. men, you need to get off the couch and get with the program. find new style. with golo, i lost 50 pounds. it feels really good to be able to button your jacket and not worry about it blowing up.

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